175 Washington StreetPlattevilleWI53818
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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 175 Washington Street, Platteville, WI, 53818 with 5% annual appreciation on a $169,900 basis while $1,535/mo rent supports operations. Total monthly income totals $1,535/mo and a $832/mo payment preserves $373/mo for cash returns. Annual cash flow comes to $4,481/yr on $56,322 deployed, and return on cash invested reaches 27.86% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 10.84%. Five-year ROI measures 146.4% and total cumulative return in cash totals $82,454.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,535/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1913
6,969 sqft 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: Brad Klaas • Platteville Realty LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1965534
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.