199 Overton StBattle CreekMI49014
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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 199 Overton St, Battle Creek, MI, 49014 uses $43,062 cash to close to unlock $8,198/yr annual cash flow and $683/mo monthly cash flow. Total monthly income runs $1,540/mo, and a $636/mo payment keeps the spread at $683/mo. Purchase price stands at $129,900, and rental yield measures 14.23% with $1,540/mo rent. Return on cash invested shows 38.95% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 205.56% and total cumulative return in cash records $88,519. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,540/mo property income covering a $636/mo payment rather than investor’s personal income.
Manufactured
Built in 2004
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49014, Battle Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,018 (100%) |
| Owner Occupied HU | 6,234 (69.1%) |
| Renter Occupied HU | 2,116 (23.5%) |
| Vacant Housing Units | 668 ( 7.4%) |
| Median Home Value | $208,502 |
| Average Home Value | $239,100 |
Housing Distribution
Address Breakdown
Residential
8,816
Single Family
7,914
Multi-Family
902
Businesses
451
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Listed by: Amy Curcio • Real Estate One Rosemary Davis
Mls Name: MichRIC
Mls ID: #25060784