6 Oakvale CtBattle CreekMI49014
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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
Investment Highlights
Investment property for sale in Battle Creek at 6 Oakvale Ct, Battle Creek, MI, 49014 listed at $459,000 pairs $2,446/mo rent with a $2,247/mo payment. Total monthly income runs $2,446/mo. Return on cash invested measures 15.32% in year one, and rental yield registers 6.39% at a $459,000 basis. Equity gained on principal adds $2,962/yr, and annual property appreciation at 5% supports $126,813 by year five. Five-year ROI tracks 78.79% and total cumulative return in cash totals $119,891. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,446/mo property income relative to a $2,247/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49014, Battle Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,018 (100%) |
| Owner Occupied HU | 6,234 (69.1%) |
| Renter Occupied HU | 2,116 (23.5%) |
| Vacant Housing Units | 668 ( 7.4%) |
| Median Home Value | $208,502 |
| Average Home Value | $239,100 |
Housing Distribution
Address Breakdown
Residential
8,816
Single Family
7,914
Multi-Family
902
Businesses
451
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Listed by: Art A Homer • eXp Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #24006734
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.