621 E Polk AvenueEau ClaireWI54701
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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
Investment Highlights
Investment property for sale in Eau Claire at 621 E Polk Avenue, Eau Claire, WI, 54701 at $314,900 posts ROI 23.29% with $294/mo cash flow from $2,407/mo rent. Total monthly income equals $2,407/mo, and annual cash flow records $3,527/yr on $104,389 to close. Return on cash invested measures 23.29% and rental yield reads 9.17% at the current $314,900. Equity gained on principal adds $2,032/yr, and 5% annual appreciation supports $87,001 by year five. Five-year ROI prints 121.63% and total cumulative return in cash totals $126,970.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,407/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
8,712 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: Mary F Rufledt • Elite Realty Group, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6784247