215 West Dewey Street, Platteville, WI, 53818 | $888/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Platteville at 215 West Dewey Street, Platteville, WI, 53818 generates $1,816/mo in rent and, after a $649/mo payment, leaves $888/mo in cash flow. Total monthly income is $1,816/mo, and annual cash flow is $10,657/yr on $43,924 invested. Return on cash invested sits at 44.17% in year one, and rental yield is 16.45% on a $132,500 entry. Equity gained on principal adds $855/yr, while 5% annual appreciation builds toward $36,607 over five years. Five-year ROI reaches 234.12% and total cumulative return in cash sums $102,836. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,816/mo property income rather than buyer’s personal income.

Single Family

Built in 1910

3,920 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