213 Wattles Rd SBattle CreekMI49014
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
Investment Highlights
Rental property for sale in Battle Creek at 213 Wattles Rd S, Battle Creek, MI, 49014 priced at $169,900 pairs $1,348/mo rent with $227/mo cash flow after a $832/mo payment. Total monthly income equals $1,348/mo, and annual cash flow comes to $2,726/yr on $56,322 invested. Return on cash invested is 24.75% in year one, and rental yield stands at 9.52% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 129.42% and total cumulative return in cash reaches $72,890. For financing, Ziffy Mortgage’s DSCR program evaluates $1,348/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
1.80 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: Traci Rice • Coldwell Banker Morehart Realty
Mls Name: MichRIC
Mls ID: #25056246