618 Jennings LndgBattle 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
Rental property for sale in Battle Creek at 618 Jennings Lndg, Battle Creek, MI, 49015 generates $4,543/mo in rent, after a $6,221/mo payment. Total monthly income is $4,543/mo. Return on cash invested sits at 9.18% in year one, and rental yield is 4.29% on a $1,271,000 entry. Equity gained on principal adds $8,202/yr, while 5% annual appreciation builds toward $351,154 over five years. Five-year ROI reaches 45.78% and total cumulative return in cash sums $188,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,543/mo property income rather than buyer’s personal income.
Single Family
Built in 1921
0.90 Acres 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: Julia C Shouldice • Berkshire Hathaway HomeServices Michigan Real Estate
Mls Name: MichRIC
Mls ID: #25047467