620 Pioneer RoadPlattevilleWI53818
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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 Platteville at 620 Pioneer Road, Platteville, WI, 53818 priced at $495,000 pairs $3,461/mo rent with $139/mo cash flow after a $2,423/mo payment. Total monthly income equals $3,461/mo, and annual cash flow comes to $1,665/yr on $164,093 invested. Return on cash invested is 20.92% in year one, and rental yield stands at 8.39% on a $495,000 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,759 by year five. Five-year ROI measures 108.97% and total cumulative return in cash reaches $178,810. For financing, Ziffy Mortgage’s DSCR program evaluates $3,461/mo property income against a $2,423/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
0.52 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: Casey Kerkenbush • Jon Miles Real Estate
Mls Name: WIREX MLS
Mls ID: #2007819