299 Minges Hills DrBattle CreekMI49015
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow299 Minges Hills Dr, Battle Creek, MI, 49015 in Battle Creek is a top-tier cash-flow asset. At $575,000 it produces $5,543/mo in rent and $1,726/mo in net monthly income, a 11.57% gross rental yield. The DSCR of 2.14 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $20,714. Five-year appreciation adds $158,862, driving a total cumulative return of $330,235.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 8.2% |
| Monthly Cash Flow | $1,726 | $450 |
City averages based on Battle Creek market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,543 |
| Total Monthly Debt Service | $3,588 |
| DSCR Ratio | 1.54x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1997
0.69 Acres lot
$N/A/sqft
$200 annually 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
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
Single Family
Built in 1997
0.69 Acres lot
$N/A/sqft
$200 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda K Thompson • Five Star Real Estate, Battle Creek
Mls Name: MichRIC
Mls Provider:
Mls ID: #25038144
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.