292 W Hamilton LnBattle CreekMI49015
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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 292 W Hamilton Ln, Battle Creek, MI, 49015 with 5% annual appreciation on a $229,000 basis while $2,288/mo rent supports operations. Total monthly income totals $2,288/mo and a $1,121/mo payment preserves $778/mo for cash returns. Annual cash flow comes to $9,332/yr on $75,914 deployed, and return on cash invested reaches 32.2% in year one. Equity gained on principal adds $1,478/yr, and five-year appreciation sums $63,268 alongside rental yield of 11.99%. Five-year ROI measures 169.32% and total cumulative return in cash totals $128,537.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,288/mo property income versus a $1,121/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1942
0.72 Acres 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: Stephen Andren • Jaqua REALTORS
Mls Name: MichRIC
Mls ID: #25046955