660 Pioneer RdPlattevilleWI53818
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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 660 Pioneer Rd, Platteville, WI, 53818 priced at $379,900 pairs $3,130/mo rent with $581/mo cash flow after a $1,859/mo payment. Total monthly income equals $3,130/mo, and annual cash flow comes to $6,970/yr on $125,937 invested. Return on cash invested is 25.44% in year one, and rental yield stands at 9.89% on a $379,900 basis. Equity gained on principal adds $2,451/yr, and 5% annual appreciation accumulates to $104,959 by year five. Five-year ROI measures 133.2% and total cumulative return in cash reaches $167,753. For financing, Ziffy Mortgage’s DSCR program evaluates $3,130/mo property income against a $1,859/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.51 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: Paige LeConte • Remax Advantage
Mls Name: East Central Iowa AOR
Mls ID: #152952