1467 Cody PkwyPlattevilleWI53818
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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
Investment property for sale in Platteville at 1467 Cody Pkwy, Platteville, WI, 53818 listed at $321,000 pairs $2,413/mo rent with a $1,571/mo payment to leave $248/mo cash flow. Total monthly income runs $2,413/mo, and annual cash flow reaches $2,981/yr on $106,412 cash to close. Return on cash invested measures 22.71% in year one, and rental yield registers 9.02% at a $321,000 basis. Equity gained on principal adds $2,071/yr, and annual property appreciation at 5% supports $88,686 by year five. Five-year ROI tracks 118.6% and total cumulative return in cash totals $126,209. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,413/mo property income relative to a $1,571/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
N/A lot
$N/A/sqft
$125 annually 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: Paige LeConte • Remax Advantage
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #152406
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.