53 Lamora AveBattle CreekMI49037
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 53 Lamora Ave, Battle Creek, MI, 49037 in Battle Creek speaks for itself: 13.43% gross on a $168,900 price, generating $1,890/mo in rent and $776/mo in net income after the $759/mo debt service. DSCR 2.49, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,314 stacks alongside $46,664 in projected five-year appreciation and $1,556/yr in principal reduction. Projected total cumulative return: $114,322.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.4% | 8.2% |
| Monthly Cash Flow | $776 | $450 |
City averages based on Battle Creek market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,890 |
| Total Monthly Debt Service | $1,047 |
| DSCR Ratio | 1.81x |
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 1955
6,098 sqft lot
$N/A/sqft
No HOA
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 1955
6,098 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janice A Hawthorne • Chuck Jaqua REALTOR Inc. (Hastings)
Mls Name: MichRIC
Mls ID: #25041259