61 Rose StBattle CreekMI49017
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
Investment Highlights
Rental property for sale in Battle Creek at 61 Rose St, Battle Creek, MI, 49017 priced at $164,900 converts $1,250/mo rent into $163/mo cash flow after a $807/mo obligation. Total monthly income equals $1,250/mo, and annual cash flow totals $1,952/yr on $54,664 invested. Return on cash invested prints 23.48% in year one, and rental yield reads 9.1% against a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation compiles into $45,559 by year five. Five-year ROI reaches 122.54% and total cumulative return in cash sums $66,988. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,250/mo property income covering a $807/mo payment, not borrower’s personal income.
Single Family
Built in 1910
8,712 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: Jacinta A VanAsperen • Berkshire Hathaway HomeServices Michigan Real Estate
Mls Name: MichRIC
Mls ID: #25048307