39 E Ave SBattle CreekMI49017
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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 39 E Ave S, Battle Creek, MI, 49017 priced at $114,900 converts $1,201/mo rent into $444/mo cash flow after a $562/mo obligation. Total monthly income equals $1,201/mo, and annual cash flow totals $5,324/yr on $38,089 invested. Return on cash invested prints 33.89% in year one, and rental yield reads 12.54% against a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation compiles into $31,745 by year five. Five-year ROI reaches 178.39% and total cumulative return in cash sums $67,946. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,201/mo property income covering a $562/mo payment, not borrower’s personal income.
Multi Family
Built in 1920
6,534 sqft 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 |
Housing Distribution
Address Breakdown
Residential
9,194
Single Family
8,190
Multi-Family
1,004
Businesses
469
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Listed by: Ron D Wells • ERA Reardon Realty
Mls Name: MichRIC
Mls ID: #25032155