298 Capital Ave NE, Battle Creek, MI, 49017 | $508/mo Cash Flow

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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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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Investment Highlights

Rental property for sale in Battle Creek at 298 Capital Ave NE, Battle Creek, MI, 49017 priced at $315,000 pairs $2,585/mo rent with $508/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,585/mo, and annual cash flow comes to $6,090/yr on $104,423 invested. Return on cash invested is 25.74% in year one, and rental yield stands at 9.85% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 134.65% and total cumulative return in cash reaches $140,609. For financing, Ziffy Mortgage’s DSCR program evaluates $2,585/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1920

0.83 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