1404 Silver Mine DriveEau ClaireWI54703
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Eau Claire at 1404 Silver Mine Drive, Eau Claire, WI, 54703 priced at $329,900 pairs $1,602/mo rent with after a $1,615/mo payment. Total monthly income equals $1,602/mo. Return on cash invested is 13.19% in year one, and rental yield stands at 5.83% on a $329,900 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,145 by year five. Five-year ROI measures 67.5% and total cumulative return in cash reaches $73,815. For financing, Ziffy Mortgage’s DSCR program evaluates $1,602/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54703, Eau Claire, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,209 (100%) |
| Owner Occupied HU | 11,709 (57.9%) |
| Renter Occupied HU | 7,533 (37.3%) |
| Vacant Housing Units | 967 ( 4.8%) |
| Median Home Value | $275,945 |
| Average Home Value | $293,898 |
Housing Distribution
Address Breakdown
Residential
19,501
Single Family
18,449
Multi-Family
1,052
Businesses
1,115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Haas • Edina Realty, Inc. - Chippewa Valley
Mls Name: WIREX MLS
Mls ID: #1591438