28 Groveland StBattle CreekMI49017
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
Investment property for sale in Battle Creek at 28 Groveland St, Battle Creek, MI, 49017 at $324,900 posts ROI 8.92% with from $1,156/mo rent. Total monthly income equals $1,156/mo. Return on cash invested measures 8.92% and rental yield reads 4.27% at the current $324,900. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 by year five. Five-year ROI prints 44.45% and total cumulative return in cash totals $47,873. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,156/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49017, Battle Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,526 (100%) |
| Owner Occupied HU | 6,408 (67.3%) |
| Renter Occupied HU | 2,282 (24.0%) |
| Vacant Housing Units | 836 ( 8.8%) |
| Median Home Value | $164,086 |
| Average Home Value | $199,413 |
Housing Distribution
Address Breakdown
Residential
9,194
Single Family
8,190
Multi-Family
1,004
Businesses
469
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Nearby investment properties with comparable prices
Listed by: Mike Sandstrom • Chuck Jaqua, REALTOR
Mls Name: MichRIC
Mls Provider:
Mls ID: #25011246
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.