8 Vernon AveBattle CreekMI49014
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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 8 Vernon Ave, Battle Creek, MI, 49014 generates $1,104/mo in rent and, after a $587/mo payment, leaves $313/mo in cash flow. Total monthly income is $1,104/mo, and annual cash flow is $3,756/yr on $39,780 invested. Return on cash invested sits at 29.35% in year one, and rental yield is 11.04% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 154.01% and total cumulative return in cash sums $61,267. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,104/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
8,712 sqft 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: Shelia Gwillim • EXP Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25022092
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.