39 28th St SBattle 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 39 28th St S, Battle Creek, MI, 49015 uses $67,924 cash to close to unlock $5,252/yr annual cash flow and $438/mo monthly cash flow. Total monthly income runs $1,789/mo, and a $1,003/mo payment keeps the spread at $438/mo. Purchase price stands at $204,900, and rental yield measures 10.48% with $1,789/mo rent. Return on cash invested shows 27.64% in year one, and 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 144.85% and total cumulative return in cash records $98,386. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,789/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1963
8,712 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: Jim Criteser • RE/MAX Perrett Associates
Mls Name: MichRIC
Mls ID: #25041431