713 St Lawrence Ave · Beloit, WI 53511

$155,000

3 bd · 1.5 ba · 1,993 sqft · Other · 6 Days on market

Built 1900 9,147 sqft lot

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.7/30.0
• ARV discount +7.5/15.0
• DSCR +4.8/10.0
• 1% rule +4.5/10.0
• Rent growth +4.0/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks

Charming and full of updates, this inviting home offers 3 bedrooms with the potential to create 2 additional bedrooms, providing flexibility for your needs. Recent improvements include a new front door, new side door, fresh paint, new main-floor flooring, updated thermostat, new shower head, and ADT security system. Major updates completed in 2022 include a new 100-amp electrical service and panel, some updated plumbing, new water heater, new toilets, and a new garage door track. Move-in ready with a blend of character, comfort, and peace of mind! Sold "as-is".

Key facts

• Updated thermostat
• Fresh paint
• New side door

Tags

• NEW FRONT DOOR
• NEW SIDE DOOR
• FRESH PAINT
• NEW MAIN-FLOOR FLOORING
• UPDATED THERMOSTAT
• NEW SHOWER HEAD

Property features AI

Finance

• Other: Lot size about 0.21 acre; Zoning R1-I1

Exterior

• Parking: Detached 1-car garage; Total of 1 garage parking space
• Utilities: Municipal water; Municipal sewer; Natural gas
• Home design: Single-family, 2-story; Estimated finished above-grade area about 1,993
• Construction: Built (year source: assessor/public record)
• Exterior features: Wood exterior; Sidewalks

Interior

• Kitchen: Range/oven; Refrigerator; Microwave (not working)
• Bedrooms: Master bedroom (Upper) about 15 x 11; Bedroom 2 (Upper) about 12 x 11; Bedroom 3 (Upper) about 11 x 11; Bonus room (Main) about 15 x 11
• Bathrooms: One full bath; One half bath; Whirlpool tub; at least one tub; no master bedroom bath
• Heating & cooling: Forced air heating; Natural gas fuel
• Interior features: Walk-in closets; Cable/satellite available; Full basement
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath other listed at $155k.

Deal economics

• At list price, monthly cash flow is $67 ($808/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $147k (4.9% below list).
• Recommended offer: $147k (4.9% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 3.5% in Beloit — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 70/100 on livability (#283 in WI) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D, amenities F, commute F.
• Beloit School District (urban): math 8% / reading 13% proficiency, ranked #339 of 342 in WI (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Hackett Elementary (math 2% / reading 2%, grade F, #1,024 of 1,041 statewide, top 100%, 287 students, 80% FRL); Cunningham Intermediate (math 6% / reading 9%, grade F, #376 of 383 statewide, top 98%, 427 students, 78% FRL); Memorial High (math 8% / reading 14%, grade F, #438 of 483 statewide, top 91%, 1,417 students, 66% FRL).
• Market conditions: Rents rising fast (+6.0%/yr); 203 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; 629 units permitted in Rock County in 2024 (263 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Rock County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $120k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $147,471 (4.9% below list)

Questions for the listing agent

1. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.95% ✗
• Cap rate: 6.81%
• Cash-on-cash: 1.86%
• DSCR: 1.08
• GRM: 8.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 6.05% rent growth · sell at horizon

5-year hold

• IRR: -9.9%
• Equity multiple: 0.63×
• Total profit: $-16,124
• Equity at exit: $23,111

10-year hold

• IRR: 3.4%
• Equity multiple: 1.28×
• Total profit: $12,017
• Equity at exit: $13,402

Cash invested: $43,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Wisconsin: 73 Landlord-Friendly · R+2
• County: — inherits STATE
• City: — inherits STATE

5-day notice; preempted; Madison / Milwaukee have some local enforcement.

Methodology + full state rankings →

ZIP-level market 53511

• Home prices YoY: -26.9%
• Rents YoY: 6.0%
• Active inventory: 203
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,475 high
• Mortgage (P&I): −$813
• Tax from tax record: −$220 /mo · $2,643/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$310
• Net cashflow: $67

Break-even live

Break-even rent $1,389

Max offer price $155,000

Occupancy floor 90%

Sensitivity live

Price	-10% $155	-5% $111	+0% $67	+5% $24	+10% $-20
Rent	-10% $-49	-5% $9	+0% $67	+5% $126	+10% $184
Rate	-1.0pp $145	-0.5pp $107	base $67	+0.5pp $27	+1.0pp $-14

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
253 W Grand Ave Beloit, WI	4.0	1.0	1600	$1,500	$0.94	45d	1	0.34mi
861 Bluff St Unit 861 Beloit, WI	4.0	1.0	1282	$1,600	$1.25	45d	1	0.35mi
1223 6th St Beloit, WI	4.0	2.0	1464	$1,750	$1.20	45d	1	0.75mi
205 Birch Ave Unit 2 Beloit, WI	2.0	1.0	1288	$1,000	$0.78	15d	1	1.28mi
206 Carpenter St Unit 3 Beloit, WI	2.0	1.0	1400	$1,000	$0.71	15d	1	1.31mi

Listing history 6 events

1. 2026-06-21
   days on market $155,000 Active 6 DOM
2. 2026-06-19
   days on market $155,000 Active 4 DOM
3. 2026-06-18
   days on market $155,000 Active 3 DOM
4. 2026-06-17
   days on market $155,000 Active 2 DOM
5. 2026-06-15
   remarks 567-char remark
6. 2026-06-15
   listed $155,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast WI · Partial reset (capped growth)

• Current annual tax: $2,643 · $220/mo
• Projected year-2 tax: $2,755 · $230/mo
• Expected delta: +$112/yr (+$9/mo · 4.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥101°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,697
• − Mortgage interest: −$8,682
• − Property taxes: −$2,643
• − Insurance: −$775
• − Repairs & maintenance: −$1,416
• − Management: −$1,416
• − Depreciation: −$4,509
• Taxable loss: −$1,744
• Est. tax savings @ 24.0%: +$419
• After-tax cash flow: $1,227/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Beloit School District
• NCES district ID: 5501050
• Math proficiency: 8% ▼ -10.00%
• Reading proficiency: 13% ▼ -5.00%
• Median HH income: $37,328
• Composite: 8.81/100
• National rank: #9890
• State rank: #339 of 342 in WI

Livability — Beloit

• Score: 70/100
• State rank: #283
• US rank: #7336

Category grades

Amenities F Commute F Cost of living A+ Crime D Employment F Housing A+ Health & safety A+ User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Beloit, WI
• County: Rock County · 135,428 people
• City population: 48,701
• Metro: Janesville-Beloit, WI
• Population (ZIP): 48,701
• Household income: $67,067
• Rent vs Own: 34.1% rent · 65.9% own
• Severe rent burden: 1341.0

Population outlook (Rock County) Hauer SSP2

• Today (2025): 163,403 people
• By 2030: 162,815 · -0.4%
• By 2040: 158,655 · -2.9%
• By 2050: 151,235 · -7.4%
• By 2075: 131,901 · -19.3%
• By 2100: 108,665 · -33.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (64%)
• Race & ethnicity: White 64% Hispanic / Latino 19% Two or more races 14% Black 11% Asian 1%
• Hispanic origin (detail): Mexican 15% Dominican 1%
• Common ancestry: Portuguese 8% Romanian 3% Lithuanian 2%
• Foreign-born: 9% · Canada
• Languages at home: 85% English-only · Spanish 14%

Political lean MEDSL · Rock

• 2024 margin: Lean D (+7.3) · D 52.9% · R 45.6% · Other 1.4%
• 2008→2024 swing: -22.0pp toward R · 2008: 29.3pp · 2024: 7.3pp
• All cycles: 2024: D+7.3 2020: D+11.2 2016: D+10.5 2012: D+23.2 2008: D+29.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -115.19%
• Current HPI: 312.6591
• Rent YoY: ▲ 6.05%
• Metro: Janesville-Beloit, WI
• State GDP YoY: ▲ 2.10%
• F500 in state: 20

Industry mix (Fortune 500 HQ in WI)

Industry	F500 HQs	Revenue
▸Industrial Machinery	4	$23B
▸Industrial Technology	2	$36B
▸Insurance	1	$36B
▸Professional Services	1	$19B
▸Utilities	1	$9B
▸Consumer Goods	1	$3B

Price history

+229.8% since first listed

3 events — show timeline

• 2026-06-15 Listed $155,000 SCWMLS
• 2022-08-23 Sold (Public Records) $120,000 Public Records
• 2017-08-02 Sold (Public Records) $47,000 Public Records

Property tax history

+4.0%/yr

Latest (2025): $2,643 · +35.2% YoY. Source: county tax records.