633 Lake StreetEau 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
Rental property for sale in Eau Claire at 633 Lake Street, Eau Claire, WI, 54703 offers $1,690/mo rent that, after a $883/mo payment, leaves $479/mo cash flow. Total monthly income is $1,690/mo, and annual cash flow is $5,749/yr on $59,836 cash. Return on cash invested measures 29.52% in year one, and rental yield stands at 11.24% at a $180,500 entry. Equity gained on principal adds $1,165/yr while 5% annual appreciation compounds into $49,869 by year five. Five-year ROI records 155.11% and total cumulative return in cash reaches $92,814. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,690/mo property income versus a $883/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1891
8,276 sqft 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: Kristy Thiess • RE/MAX Affiliates
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1587220
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.