33766 Forest Beach DrEau ClaireMI49111
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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
Total monthly income runs $1,497/mo, and a $4,870/mo payment. Purchase price stands at $995,000, and rental yield measures 1.81% with $1,497/mo rent. Return on cash invested shows 1.5% in year one, and 5% annual appreciation builds toward $274,900 over five years. Five-year ROI reaches 4.6% and total cumulative return in cash records $15,066. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,497/mo property income covering a $4,870/mo payment rather than investor’s personal income.
Single Family
Built in 1942
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49111, Eau Claire, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,641 (100%) |
| Owner Occupied HU | 1,134 (69.1%) |
| Renter Occupied HU | 211 (12.9%) |
| Vacant Housing Units | 296 (18.0%) |
| Median Home Value | $273,674 |
| Average Home Value | $304,387 |
Housing Distribution
Address Breakdown
Residential
1,320
Single Family
1,320
Multi-Family
0
Businesses
63
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Listed by: Molly Nate • Century 21 Affiliated
Mls Name: MichRIC
Mls ID: #25055896