3414 Miller StreetEau ClaireWI54701
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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 Eau Claire at 3414 Miller Street, Eau Claire, WI, 54701 uses $49,692 cash to close to unlock $4,976/yr annual cash flow and $415/mo monthly cash flow. Total monthly income runs $1,591/mo, and a $734/mo payment keeps the spread at $415/mo. Purchase price stands at $149,900, and rental yield measures 12.74% with $1,591/mo rent. Return on cash invested shows 29.92% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 158.75% and total cumulative return in cash records $78,887. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,591/mo property income covering a $734/mo payment rather than investor’s personal income.
Condo
Built in 1990
2.26 Acres lot
$N/A/sqft
$2,040 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54701, Eau Claire, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,223 (100%) |
| Owner Occupied HU | 9,898 (54.3%) |
| Renter Occupied HU | 7,446 (40.9%) |
| Vacant Housing Units | 879 ( 4.8%) |
| Median Home Value | $320,578 |
| Average Home Value | $368,588 |
Housing Distribution
Address Breakdown
Residential
17,878
Single Family
15,966
Multi-Family
1,912
Businesses
1,566
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Listed by: David Fitzgerald • Kleven Real Estate Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1583698
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.