290 Carpenter CvBattle CreekMI49017
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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 290 Carpenter Cv, Battle Creek, MI, 49017 at $242,000 posts ROI 13.1% with from $1,140/mo rent. Total monthly income equals $1,140/mo. Return on cash invested measures 13.1% and rental yield reads 5.65% at the current $242,000. Equity gained on principal adds $1,562/yr, and 5% annual appreciation supports $66,860 by year five. Five-year ROI prints 66.86% and total cumulative return in cash totals $53,634. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,140/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
2.27 Acres 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: Penny L Barnhardt • Five Star Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25032032
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.