602 East WHEELER DRIVEPlainfieldWI54966
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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
Rental property for sale in Plainfield at 602 East WHEELER DRIVE, Plainfield, WI, 54966 generates $1,340/mo in rent, after a $2,570/mo payment. Total monthly income is $1,340/mo. Return on cash invested sits at 4.89% in year one, and rental yield is 3.06% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 22.97% and total cumulative return in cash sums $39,681. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,340/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
1.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54966, Plainfield, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,013 (100%) |
| Owner Occupied HU | 700 (69.1%) |
| Renter Occupied HU | 136 (13.4%) |
| Vacant Housing Units | 177 (17.5%) |
| Median Home Value | $193,750 |
| Average Home Value | $244,564 |
Housing Distribution
Address Breakdown
Residential
799
Single Family
799
Multi-Family
0
Businesses
81
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Listed by: Nicole Gaatz • Gaatz Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #50310589
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved