72 Latta StBattle CreekMI49017
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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 72 Latta St, Battle Creek, MI, 49017 with 5% annual appreciation on a $183,000 basis while $1,623/mo rent supports operations. Total monthly income totals $1,623/mo and a $896/mo payment preserves $416/mo for cash returns. Annual cash flow comes to $4,991/yr on $60,665 deployed, and return on cash invested reaches 28.14% in year one. Equity gained on principal adds $1,181/yr, and five-year appreciation sums $50,560 alongside rental yield of 10.64%. Five-year ROI measures 147.48% and total cumulative return in cash totals $89,471.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,623/mo property income versus a $896/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
6,534 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: Peggy L Damon • RE/MAX Perrett Associates
Mls Name: MichRIC
Mls ID: #25058899