530 Western AvenuePlattevilleWI53818
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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 530 Western Avenue, Platteville, WI, 53818 priced at $239,900 pairs $1,782/mo rent with $172/mo cash flow after a $1,174/mo payment. Total monthly income equals $1,782/mo, and annual cash flow comes to $2,066/yr on $79,527 invested. Return on cash invested is 22.51% in year one, and rental yield stands at 8.91% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 117.51% and total cumulative return in cash reaches $93,451. For financing, Ziffy Mortgage’s DSCR program evaluates $1,782/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.50 Acres 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: Renee Winkler • Platteville Realty LLC
Mls Name: WIREX MLS
Mls ID: #2012377