6651 E Berrien StEau ClaireMI49111
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
Investment Highlights
Rental property for sale in Eau Claire at 6651 E Berrien St, Eau Claire, MI, 49111 priced at $130,000 pairs $1,037/mo rent with $180/mo cash flow after a $636/mo payment. Total monthly income equals $1,037/mo, and annual cash flow comes to $2,160/yr on $43,095 invested. Return on cash invested is 24.92% in year one, and rental yield stands at 9.57% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 130.24% and total cumulative return in cash reaches $56,127. For financing, Ziffy Mortgage’s DSCR program evaluates $1,037/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
8,712 sqft 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
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Nearby investment properties with comparable prices
Listed by: Ed Farkas • Asset One Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #24059073
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.