40 Lewis 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 40 Lewis Street, Platteville, WI, 53818 with 5% annual appreciation on a $219,900 basis while $1,530/mo rent supports operations. Total monthly income totals $1,530/mo and a $1,076/mo payment preserves $55/mo for cash returns. Annual cash flow comes to $654/yr on $72,897 deployed, and return on cash invested reaches 20.81% in year one. Equity gained on principal adds $1,419/yr, and five-year appreciation sums $60,754 alongside rental yield of 8.35%. Five-year ROI measures 108.37% and total cumulative return in cash totals $79,000.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,530/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1918
7,405 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: Keri Kluck • Lori Droessler Real Estate, In
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #2008704
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved