232 Feld AveBattle CreekMI49037
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Battle Creek rental at 232 Feld Ave, Battle Creek, MI, 49037 sits in the solid-income band: 10.13% gross yield, $2,236/mo rent, $489/mo net after the $1,191/mo debt service, DSCR 1.88. Entry price of $264,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $73,187 and $2,440/yr in principal reduction bring total cumulative return to $132,406.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 8.2% |
| Monthly Cash Flow | $489 | $450 |
City averages based on Battle Creek market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,236 |
| Total Monthly Debt Service | $1,641 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1963
0.30 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 1963
0.30 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Sandstrom • Chuck Jaqua, REALTOR
Mls Name: MichRIC
Mls Provider:
Mls ID: #25010934
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.