6706 North Elm 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 6706 North Elm Street, Platteville, WI, 53818 offers a 8.73% rental yield on a $359,900 purchase with $2,618/mo rent. Total monthly income registers $2,618/mo, and a $1,762/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,426/yr on $119,307 to close, and return on cash invested stands at 21.94% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 114.46% and total cumulative return in cash at $136,562. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,618/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
1 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: #2008088