3646 Damon 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 3646 Damon Street, Eau Claire, WI, 54701 with 5% annual appreciation on a $214,900 basis while $1,241/mo rent supports operations. 47% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,373 alongside rental yield of 6.93%. Five-year ROI measures 65.13% and total cumulative return in cash totals $46,398. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,241/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1996
N/A lot
$N/A/sqft
$2,880 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: Bryon Bensen • Kleven Real Estate Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1583338
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.