385 North Water StreetPlattevilleWI53818
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
Rental property for sale in Platteville at 385 North Water Street, Platteville, WI, 53818 priced at $119,900 pairs $938/mo rent with $133/mo cash flow after a $587/mo payment. Total monthly income equals $938/mo, and annual cash flow comes to $1,598/yr on $39,747 invested. Return on cash invested is 23.93% in year one, and rental yield stands at 9.39% on a $119,900 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,126 by year five. Five-year ROI measures 125.2% and total cumulative return in cash reaches $49,764. For financing, Ziffy Mortgage’s DSCR program evaluates $938/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1939
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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Nearby investment properties with comparable prices
Listed by: Rachel Langer • Mansur Real Estate LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #2000364
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved