616 East Polk AvenueEau 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 616 East Polk Avenue, Eau Claire, WI, 54701 priced at $315,000 converts $1,881/mo rent into after a $1,542/mo obligation. Total monthly income equals $1,881/mo. Return on cash invested prints 17.23% in year one, and rental yield reads 7.17% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 89.15% and total cumulative return in cash sums $93,089. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,881/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 1967
8,276 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: Amy Dusick • CB Brenizer/Eau Claire
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1591913
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved