194 24th St N, Battle Creek, MI, 49015 | $415/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Battle Creek at 194 24th St N, Battle Creek, MI, 49015 offers a 10.64% rental yield on a $182,500 purchase with $1,618/mo rent. Total monthly income registers $1,618/mo, and a $893/mo payment leaves $415/mo available for distribution. Annual cash flow reaches $4,977/yr on $60,499 to close, and return on cash invested stands at 28.14% in year one. Equity gained on principal adds $1,178/yr while 5% annual appreciation supports $50,421 over five years. Portfolio math shows five-year ROI at 147.51% and total cumulative return in cash at $89,242. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,618/mo property income against a $893/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1943

7,405 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