160 Bridgewood DrBattle CreekMI49015
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.57 makes 160 Bridgewood Dr, Battle Creek, MI, 49015 in Battle Creek one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.82%. The 8.82% yield, 5% annual appreciation ($67,551 over five years), and $2,252/yr in principal reduction project a total cumulative return of $75,715.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 8.2% |
| Monthly Cash Flow | $(233) | $450 |
City averages based on Battle Creek market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,723 |
| Total Monthly Debt Service | $1,925 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2000
1,742 sqft lot
$N/A/sqft
$410 monthly 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
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
Condo
Built in 2000
1,742 sqft lot
$N/A/sqft
$410 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cathy A Jewell • RE/MAX Perrett Associates
Mls Name: MichRIC
Mls Provider:
Mls ID: #25029425
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.