702 3rd StBattle CreekIA51006
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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
Investment property for sale in Battle Creek at 702 3rd St, Battle Creek, IA, 51006 offers a 0% rental yield on a $259,650 purchase with $0/mo rent. 6% in year one. Equity gained on principal adds $1,675/yr while 5% annual appreciation supports $71,737 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,271/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51006, Battle Creek, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 491 (100%) |
| Owner Occupied HU | 344 (70.1%) |
| Renter Occupied HU | 82 (16.7%) |
| Vacant Housing Units | 65 (13.2%) |
| Median Home Value | $102,778 |
| Average Home Value | $154,782 |
Housing Distribution
Address Breakdown
Residential
356
Single Family
356
Multi-Family
0
Businesses
22
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Listed by: James Brown • Neppl Real Estate
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6328705