3880 Park RdEau 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
Rental property for sale in Eau Claire at 3880 Park Rd, Eau Claire, MI, 49111 generates $2,770/mo in rent and, after a $1,192/mo payment, leaves $1,164/mo in cash flow. Total monthly income is $2,770/mo, and annual cash flow is $13,969/yr on $80,720 invested. Return on cash invested sits at 37.21% in year one, and rental yield is 13.65% on a $243,500 entry. Equity gained on principal adds $1,571/yr, while 5% annual appreciation builds toward $67,275 over five years. Five-year ROI reaches 196.23% and total cumulative return in cash sums $158,397. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,770/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
6.60 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: Dawn Tomlinson • RE/MAX by the Lake
Mls Name: MichRIC
Mls Provider:
Mls ID: #25039662
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.