293 Oak StBattle CreekMI49037
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.71% yield at 293 Oak St, Battle Creek, MI, 49037 in Battle Creek is solid, but the $1,114/mo payment compresses net cash flow to $157/mo at $235,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $64,926 by year five, and $1,970/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.53) without U.S. income documentation. Total projected return: $95,195.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 8.2% |
| Monthly Cash Flow | $157 | $450 |
City averages based on Battle Creek market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,706 |
| Total Monthly Debt Service | $1,514 |
| DSCR Ratio | 1.13x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1963
0.48 Acres lot
$N/A/sqft
No HOA
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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
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Listed by: N/A • N/A
Mls Name: MichRIC
Mls Provider:
Mls ID: #26052391
