1924 Noble DriveEau ClaireWI54703
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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 Eau Claire at 1924 Noble Drive, Eau Claire, WI, 54703 generates $2,326/mo in rent and, after a $1,466/mo payment, leaves $316/mo in cash flow. Total monthly income is $2,326/mo, and annual cash flow is $3,791/yr on $99,284 invested. Return on cash invested sits at 23.73% in year one, and rental yield is 9.32% on a $299,500 entry. Equity gained on principal adds $1,933/yr, while 5% annual appreciation builds toward $82,746 over five years. Five-year ROI reaches 123.99% and total cumulative return in cash sums $123,107. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,326/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.65 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
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Listed by: Sharon Lee • Lee Realty Group
Mls Name: WIREX MLS
Mls ID: #1595807