900 Siemers StPlattevilleWI53818
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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 900 Siemers St, Platteville, WI, 53818 generates $1,613/mo in rent and, after a $979/mo payment, leaves $271/mo in cash flow. Total monthly income is $1,613/mo, and annual cash flow is $3,248/yr on $66,300 invested. Return on cash invested sits at 24.81% in year one, and rental yield is 9.68% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 129.8% and total cumulative return in cash sums $86,060. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,613/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
0.25 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: Olta Shabani • Remax Advantage
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #152671
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.