305 Waldon DrBattle 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
Rental property for sale in Battle Creek at 305 Waldon Dr, Battle Creek, MI, 49015 generates $2,864/mo in rent and, after a $1,957/mo payment, leaves $227/mo in cash flow. Total monthly income is $2,864/mo, and annual cash flow is $2,726/yr on $132,567 invested. Return on cash invested sits at 21.97% in year one, and rental yield is 8.59% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 114.42% and total cumulative return in cash sums $151,688. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,864/mo property income rather than buyer’s personal income.
Condo
Built in 2025
2,178 sqft 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: Mike Sandstrom • Chuck Jaqua, REALTOR
Mls Name: MichRIC
Mls ID: #25038875