257 Eldred StBattle CreekMI49015








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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
Investment property for sale in Battle Creek at 257 Eldred St, Battle Creek, MI, 49015 with 5% annual appreciation on a $152,000 basis while $1,865/mo rent supports operations. Total monthly income totals $1,865/mo and a $744/mo payment preserves $863/mo for cash returns. Annual cash flow comes to $10,351/yr on $50,388 deployed, and return on cash invested reaches 40.45% in year one. Equity gained on principal adds $981/yr, and five-year appreciation sums $41,995 alongside rental yield of 14.72%. Five-year ROI measures 213.57% and total cumulative return in cash totals $107,614.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,865/mo property income versus a $744/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1939
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49015, Battle Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,329 (100%) |
| Owner Occupied HU | 8,019 (65.0%) |
| Renter Occupied HU | 3,459 (28.1%) |
| Vacant Housing Units | 851 ( 6.9%) |
| Median Home Value | $189,927 |
| Average Home Value | $217,209 |
Housing Distribution
Address Breakdown
Residential
12,112
Single Family
11,268
Multi-Family
844
Businesses
819
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Listed by: Jeffrey Penick • RE/MAX Perrett Associates
Mls Name: MichRIC
Mls Provider:
Mls ID: #25026288
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.








