346 McKinley AveEau 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
Rental property for sale in Eau Claire at 346 McKinley Ave, Eau Claire, WI, 54701 generates $1,859/mo in rent, after a $1,591/mo payment. Total monthly income is $1,859/mo. Return on cash invested sits at 16.32% in year one, and rental yield is 6.86% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 84.27% and total cumulative return in cash sums $90,793. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,859/mo property income rather than buyer’s personal income.
Single Family
Built in 1924
6,969 sqft lot
$N/A/sqft
No 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: Knelly Dettinger • Keller Williams Premier Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7011527