196 N Gardner AveBattle CreekMI49037
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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 196 N Gardner Ave, Battle Creek, MI, 49037 generates $889/mo in rent and, after a $563/mo payment, leaves $131/mo in cash flow. Total monthly income is $889/mo, and annual cash flow is $1,566/yr on $38,123 invested. Return on cash invested sits at 24.02% in year one, and rental yield is 9.28% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 125.46% and total cumulative return in cash sums $47,829. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $889/mo property income rather than buyer’s personal income.
Manufactured
Built in 1960
1.19 Acres lot
$N/A/sqft
No HOA
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Listed by: Christina M Gonzalez-Cruz • Michigan Top Producers-Vicksburg
Mls Name: MichRIC
Mls ID: #25057574