842 Capital Ave NEBattle 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 842 Capital Ave NE, Battle Creek, MI, 49017 earns $816/mo cash flow from $1,541/mo rent with a $538/mo payment. Total monthly income totals $1,541/mo, and annual cash flow totals $9,792/yr on $36,465 capital. ROI tracks 46.76% on current figures, and rental yield reads 16.81% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 247.37% and total cumulative return in cash sums $90,204. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,541/mo property income instead of your personal income.
Multi Family
Built in 1880
0.34 Acres 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: Scott T Harrington • Harrington Real Estate Group
Mls Name: MichRIC
Mls ID: #25056151