229 Cohasset AveBattle 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 229 Cohasset Ave, Battle Creek, MI, 49014 priced at $117,000 pairs $936/mo rent with $164/mo cash flow after a $573/mo payment. Total monthly income equals $936/mo, and annual cash flow comes to $1,969/yr on $38,786 invested. Return on cash invested is 24.99% in year one, and rental yield stands at 9.6% on a $117,000 basis. Equity gained on principal adds $755/yr, and 5% annual appreciation accumulates to $32,325 by year five. Five-year ROI measures 130.75% and total cumulative return in cash reaches $50,713. For financing, Ziffy Mortgage’s DSCR program evaluates $936/mo property income against a $573/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
4,791 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dyan E Davis • eXp Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25038416
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.