325 Waite Lane,Platteville,WI,53818

Investment Highlights

Rental property for sale in Platteville at 325 Waite Lane, Platteville, WI, 53818 offers $2,399/mo rent that, after a $1,434/mo payment, leaves $308/mo cash flow. Total monthly income is $2,399/mo, and annual cash flow is $3,693/yr on $97,130 cash. Return on cash invested measures 23.71% in year one, and rental yield stands at 9.83% at a $293,000 entry. Equity gained on principal adds $1,891/yr while 5% annual appreciation compounds into $80,951 by year five. Five-year ROI records 124.48% and total cumulative return in cash reaches $120,910. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,399/mo property income versus a $1,434/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.