84 Eldred St, Battle Creek, MI, 49015 | $504/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Battle Creek at 84 Eldred St, Battle Creek, MI, 49015 uses $43,924 cash to close to unlock $6,045/yr annual cash flow and $504/mo monthly cash flow. Total monthly income runs $1,378/mo, and a $649/mo payment keeps the spread at $504/mo. Purchase price stands at $132,500, and rental yield measures 12.48% with $1,378/mo rent. Return on cash invested shows 33.67% in year one, and 5% annual appreciation builds toward $36,607 over five years. Five-year ROI reaches 177.19% and total cumulative return in cash records $77,828. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,378/mo property income covering a $649/mo payment rather than investor’s personal income.

Single Family

Built in 1970

6,098 sqft 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