1150 Perry DrivePlattevilleWI53818
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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 Platteville at 1150 Perry Drive, Platteville, WI, 53818 priced at $229,900 converts $1,667/mo rent into $124/mo cash flow after a $1,125/mo obligation. Total monthly income equals $1,667/mo, and annual cash flow totals $1,492/yr on $76,212 invested. Return on cash invested prints 21.87% in year one, and rental yield reads 8.7% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 114.06% and total cumulative return in cash sums $86,927. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,667/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53818, Platteville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,107 (100%) |
| Owner Occupied HU | 2,972 (48.7%) |
| Renter Occupied HU | 2,611 (42.8%) |
| Vacant Housing Units | 524 ( 8.6%) |
| Median Home Value | $245,497 |
| Average Home Value | $290,977 |
Housing Distribution
Address Breakdown
Residential
5,737
Single Family
4,655
Multi-Family
1,082
Businesses
508
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Listed by: Renee Winkler • Platteville Realty LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1996161
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.