140 Wagon Wheel LnBattle CreekMI49017
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Battle Creek at 140 Wagon Wheel Ln, Battle Creek, MI, 49017 at $247,500 posts ROI 34.28% with $982/mo cash flow from $2,614/mo rent. Total monthly income equals $2,614/mo, and annual cash flow records $11,787/yr on $82,046 to close. Return on cash invested measures 34.28% and rental yield reads 12.67% at the current $247,500. Equity gained on principal adds $1,597/yr, and 5% annual appreciation supports $68,380 by year five. Five-year ROI prints 180.45% and total cumulative return in cash totals $148,049.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,614/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49017, Battle Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,526 (100%) |
| Owner Occupied HU | 6,408 (67.3%) |
| Renter Occupied HU | 2,282 (24.0%) |
| Vacant Housing Units | 836 ( 8.8%) |
| Median Home Value | $164,086 |
| Average Home Value | $199,413 |
Housing Distribution
Address Breakdown
Residential
9,194
Single Family
8,190
Multi-Family
1,004
Businesses
469
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Listed by: N/A • N/A
Mls Name: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate
Mls ID: #64024063356