342 Waite LnPlattevilleWI53818
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 342 Waite Ln, Platteville, WI, 53818 at $279,900 posts ROI 29.46% with $739/mo cash flow from $2,617/mo rent. Total monthly income equals $2,617/mo, and annual cash flow records $8,862/yr on $92,787 to close. Return on cash invested measures 29.46% and rental yield reads 11.22% at the current $279,900. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 by year five. Five-year ROI prints 154.77% and total cumulative return in cash totals $143,605.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,617/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2018
5,662 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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Nearby investment properties with comparable prices
Listed by: Paige LeConte • Remax Advantage
Mls Name: East Central Iowa AOR
Mls ID: #152614