159 North AveBattle CreekMI49017
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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
Investment property for sale in Battle Creek at 159 North Ave, Battle Creek, MI, 49017 uses $58,013 cash to close to unlock $9,570/yr annual cash flow and $798/mo monthly cash flow. Total monthly income runs $1,952/mo, and a $857/mo payment keeps the spread at $798/mo. Purchase price stands at $175,000, and rental yield measures 13.39% with $1,952/mo rent. Return on cash invested shows 36.41% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 191.87% and total cumulative return in cash records $111,307. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,952/mo property income covering a $857/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
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: Scott T Harrington • Harrington Real Estate Group
Mls Name: MichRIC
Mls ID: #25061665