618 6th AvenueEau ClaireWI54703
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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 618 6th Avenue, Eau Claire, WI, 54703 uses $72,930 cash to close to unlock $352/yr annual cash flow and $29/mo monthly cash flow. Total monthly income runs $1,506/mo, and a $1,077/mo payment keeps the spread at $29/mo. Purchase price stands at $220,000, and rental yield measures 8.21% with $1,506/mo rent. Return on cash invested shows 20.39% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 106.16% and total cumulative return in cash records $77,423. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,506/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54703, Eau Claire, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,209 (100%) |
| Owner Occupied HU | 11,709 (57.9%) |
| Renter Occupied HU | 7,533 (37.3%) |
| Vacant Housing Units | 967 ( 4.8%) |
| Median Home Value | $275,945 |
| Average Home Value | $293,898 |
Housing Distribution
Address Breakdown
Residential
19,501
Single Family
18,449
Multi-Family
1,052
Businesses
1,115
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Listed by: Brendan Pratt • CB Brenizer/Eau Claire
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1589863
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.