703 Main Street #2Eau 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
Total monthly income runs $1,069/mo, and a $1,321/mo payment. Purchase price stands at $269,900, and rental yield measures 4.75% with $1,069/mo rent. Return on cash invested shows 9.95% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 50.14% and total cumulative return in cash records $44,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,069/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Multi Family
Built in 1886
9,147 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: Rick Schunk • CB Brenizer/Eau Claire
Mls Name: WIREX MLS
Mls ID: #1596198