5866 Old Pipestone RdEau ClaireMI49111
INVESTMENT ANALYSIS
Investment Verdict
Solid Income5866 Old Pipestone Rd, Eau Claire, MI, 49111 in Eau Claire is a solid income-producing rental, 9.77% gross yield, $3,434/mo rent, $652/mo net cash flow on a $422,000 buy. DSCR 1.81 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $116,591 and $3,887/yr in principal reduction project a total cumulative return of $202,654.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 5.8% |
| Monthly Cash Flow | $652 | $850 |
City averages based on Eau Claire market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,434 |
| Total Monthly Debt Service | $2,615 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
7.22 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1992
7.22 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon L Straw • @properties Christie's Intl RE
Mls Name: MichRIC
Mls Provider:
Mls ID: #25037215
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.