2108 Providence CourtEau 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 2108 Providence Court, Eau Claire, WI, 54703 priced at $234,900 converts $2,422/mo rent into $625/mo cash flow after a $1,150/mo obligation. Total monthly income equals $2,422/mo, and annual cash flow totals $7,503/yr on $77,869 invested. Return on cash invested prints 29.54% in year one, and rental yield reads 12.37% against a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,899 by year five. Five-year ROI reaches 156.47% and total cumulative return in cash sums $121,845. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,422/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$2,640 annually 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: Gary Brenizer • CB Brenizer/Eau Claire
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1581961
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.