15 Preston DrivePlattevilleWI53818
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
Investment property for sale in Platteville at 15 Preston Drive, Platteville, WI, 53818 earns $340/mo cash flow from $2,890/mo rent with a $1,860/mo payment. Total monthly income totals $2,890/mo, and annual cash flow totals $4,076/yr on $125,970 capital. ROI tracks 23.14% on current figures, and rental yield reads 9.13% at a $380,000 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 120.88% and total cumulative return in cash sums $152,269. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,890/mo property income instead of your personal income.
Single Family
Built in 1973
0.45 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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Nearby investment properties with comparable prices
Listed by: Jeremy Fishnick • LPT Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #2000854
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