139 Pleasant AveBattle CreekMI49015
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Battle Creek at 139 Pleasant Ave, Battle Creek, MI, 49015 generates $2,209/mo in rent and, after a $778/mo payment, leaves $1,161/mo in cash flow. Total monthly income is $2,209/mo, and annual cash flow is $13,928/yr on $52,709 invested. Return on cash invested sits at 46.33% in year one, and rental yield is 16.67% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 245.08% and total cumulative return in cash sums $129,180. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,209/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49015, Battle Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,329 (100%) |
| Owner Occupied HU | 8,019 (65.0%) |
| Renter Occupied HU | 3,459 (28.1%) |
| Vacant Housing Units | 851 ( 6.9%) |
| Median Home Value | $189,927 |
| Average Home Value | $217,209 |
Housing Distribution
Address Breakdown
Residential
12,112
Single Family
11,268
Multi-Family
844
Businesses
819
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Listed by: Rick D. Hunter • Jaqua REALTORS
Mls Name: MichRIC
Mls Provider:
Mls ID: #24047848
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.