40423 101st St · Randall, WI 53128

$425,000

4 bd · 2.5 ba · 2,493 sqft · SingleFamily public records · 15 Days on market

Built 1954 9,583 sqft lot Est $461k · 8% under

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Why this score? — see what drove the B 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 +30.0/30.0
• ARV discount +11.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.8/10.0
• Schools +3.6/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This Unique European Style Home Offers 4 Bedrooms, 2.5 Bathrooms. Great Main Level Master Bedroom With Walk In Closet & Spacious Master Bath With Jetted Tub, Roomy Tiled Walk In Shower & Laundry Room. Beautiful Tiled Mud Room With Hooks To Hang Your Coats, Cozy Library With Book Shelves & French Doors Leading To An Enchanting Patio. 2 Fireplaces With Wood Pellet Insert Stoves To Keep You Warm On Cold Winter Nights. Generous L Shaped Kitchen With Quartz Counter Tops, Island & Wine Refrigerator. Upstairs Floors Are Original Refinished Hardwood Floors, Hall Closets Are Cedar. Upstairs Bonus Room Over Looks The Family Room. Did I Mention The View, Over Looking The Nippersink Golf Course Hole 1! The Craftsmen Ship Of This House Will Take You Back To Europe & It's Tres Chic!

Key facts

• 9,583 sq ft lot
• Garage
• Built 1954

Property features AI

Exterior

• Parking: Attached 1-car garage
• Utilities: Well water; Holding tank for waste
• Home design: Two-story single-family home; Assessor/public record for year built; Lot under 1/2 acre (approximately 0.22)
• Construction: Combination of brick, brick/stone, stucco/slate and wood construction
• Exterior features: Brick, brick/stone, stucco/slate and wood exterior

Interior

• Kitchen: Kitchen on the main level (approx. 22 x 10); Dishwasher; Range; Microwave; Refrigerator
• Bedrooms: Primary bedroom on the main level (approx. 14 x 12); Second bedroom on the upper level (approx. 13 x 12); Third bedroom on the upper level (approx. 14 x 11); Fourth bedroom on the upper level (approx. 12 x 8); Bonus room on the upper level (approx. 15 x 8)
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Forced air heating; Central air; Natural gas heat
• Interior features: Water softener; Crawl space
• Laundry & utility: Washer; Dryer; Mud room

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $425k.

Deal economics

• At list price, monthly cash flow is $2k ($27k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($6k rent vs $425k).
• Recommended offer: $419k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Wilmot Uhs School District (rural): math 32% / reading 48% proficiency, ranked #138 of 342 in WI (top 40%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Wilmot High (math 32% / reading 48%, grade F, #92 of 483 statewide, top 19%, 949 students, 0% FRL).
• Market conditions: 43 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 259 units permitted in Kenosha County in 2024 (8 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $119k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($419k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $315k; 35% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $418,625 (1.5% below list)

Questions for the listing agent

1. Built in 1954 — 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. 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.
4. 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.
5. 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: 1.48% ✓
• Cap rate: 12.55%
• Cash-on-cash: 22.35%
• DSCR: 1.99
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $461,205
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9499 402nd Ave	0.53mi	4/2.0	2,508 (+1%)	2mo	$425,000	$169	71
9612 401st Ave	0.45mi	3/3.0 (-1)	2,430 (-2%)	20mo	$450,000	$185	51
39910 97th St	0.51mi	4/3.0	2,705 (+8%)	14mo	$210,000	$78	48
9631 400th Ave	0.49mi	3/3.0 (-1)	2,160 (-13%)	7mo	$450,000	$208	43
9435 402nd Ave	0.60mi	3/2.0 (-1)	2,715 (+9%)	10mo	$575,000	$212	42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: 15.1%
• Equity multiple: 1.61×
• Total profit: $72,255
• Equity at exit: $63,369

10-year hold

• IRR: 23.8%
• Equity multiple: 3.06×
• Total profit: $244,610
• Equity at exit: $36,746

Cash invested: $119,000 (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 53128

• Home prices YoY: -6.8%
• Active inventory: 43
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $6,307 medium
• Mortgage (P&I): −$2,229
• Tax from tax record: −$361 /mo · $4,329/yr
• Insurance: −$177
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,324
• Net cashflow: $2,216

Break-even live

Break-even rent $3,502

Max offer price $425,000

Occupancy floor 60%

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: $106,250
• Closing costs: $12,750
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
40608 102nd Pl Unit 1374783P Genoa City, WI	3.0	2.0	1991	$6,307	$3.17	13d	1	0.10mi

Listing history 19 events

1. 2026-06-18
   days on market $425,000 Active 15 DOM
2. 2026-06-17
   days on market $425,000 Active 14 DOM
3. 2026-06-16
   days on market $425,000 Active 13 DOM
4. 2026-06-15
   days on market $425,000 Active 12 DOM
5. 2026-06-15
   days on market $425,000 Active 11 DOM
6. 2026-06-13
   days on market $425,000 Active 10 DOM
7. 2026-06-12
   days on market $425,000 Active 9 DOM
8. 2026-06-09
   days on market $425,000 Active 6 DOM
9. 2026-06-08
   days on market $425,000 Active 5 DOM
10. 2026-06-08
    days on market $425,000 Active 4 DOM
11. 2026-06-07
    days on market $425,000 Active 3 DOM
12. 2026-06-05
    days on market $425,000 Active 2 DOM
13. 2026-06-03
    remarks 654-char remark
14. 2026-06-03
    days on marketlisting id $425,000 Active 1 DOM
15. 2026-05-22
    listed $425,000 Active
16. 2020-08-17
    soldstatus $315,200 Sold 810-char remark

    Show marketing remark (810 chars)

    This Unique European Style Home Offers 4 Bedrooms, 2.5 Bathrooms. Great Main Level Master Bedroom With Walk In Closet & Spacious Master Bath With Jetted Tub, Roomy Tiled Walk In Shower & Laundry Room. Beautiful Tiled Mud Room With Hooks To Hang Your Coats, Cozy Library With Book Shelves & French Doors Leading To An Enchanting Patio. 2 Fireplaces With Wood Pellet Insert Stoves To Keep You Warm On Cold Winter Nights. Generous L Shaped Kitchen With Quartz Counter Tops, Island & Wine Refrigerator. Upstairs Floors Are Original Refinished Hardwood Floors, Hall Closets Are Cedar. Upstairs Bonus Room Over Looks The Family Room. Did I Mention The View, Over Looking The Nippersink Golf Course Hole 1! The Craftsmen Ship Of This House Will Take You Back To Europe & It's Tres Chic!

17. 2020-06-28
    historical Contingent 810-char remark

    Show marketing remark (810 chars)

    This Unique European Style Home Offers 4 Bedrooms, 2.5 Bathrooms. Great Main Level Master Bedroom With Walk In Closet & Spacious Master Bath With Jetted Tub, Roomy Tiled Walk In Shower & Laundry Room. Beautiful Tiled Mud Room With Hooks To Hang Your Coats, Cozy Library With Book Shelves & French Doors Leading To An Enchanting Patio. 2 Fireplaces With Wood Pellet Insert Stoves To Keep You Warm On Cold Winter Nights. Generous L Shaped Kitchen With Quartz Counter Tops, Island & Wine Refrigerator. Upstairs Floors Are Original Refinished Hardwood Floors, Hall Closets Are Cedar. Upstairs Bonus Room Over Looks The Family Room. Did I Mention The View, Over Looking The Nippersink Golf Course Hole 1! The Craftsmen Ship Of This House Will Take You Back To Europe & It's Tres Chic!

18. 2020-06-03
    listed $300,000 Active 810-char remark

    Show marketing remark (810 chars)

    This Unique European Style Home Offers 4 Bedrooms, 2.5 Bathrooms. Great Main Level Master Bedroom With Walk In Closet & Spacious Master Bath With Jetted Tub, Roomy Tiled Walk In Shower & Laundry Room. Beautiful Tiled Mud Room With Hooks To Hang Your Coats, Cozy Library With Book Shelves & French Doors Leading To An Enchanting Patio. 2 Fireplaces With Wood Pellet Insert Stoves To Keep You Warm On Cold Winter Nights. Generous L Shaped Kitchen With Quartz Counter Tops, Island & Wine Refrigerator. Upstairs Floors Are Original Refinished Hardwood Floors, Hall Closets Are Cedar. Upstairs Bonus Room Over Looks The Family Room. Did I Mention The View, Over Looking The Nippersink Golf Course Hole 1! The Craftsmen Ship Of This House Will Take You Back To Europe & It's Tres Chic!

19. 1998-09-01
    soldstatus $146,000

ⓘ 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: $4,329 · $361/mo
• Projected year-2 tax: $6,096 · $508/mo
• Expected delta: +$1,767/yr (+$147/mo · 40.8%)

ⓘ 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 2/10 Low 7 d/yr ≥102°F today · 13 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $75,684
• − Mortgage interest: −$23,807
• − Property taxes: −$4,329
• − Insurance: −$2,125
• − Repairs & maintenance: −$6,055
• − Management: −$6,055
• − Depreciation: −$12,364
• Taxable income: $20,950
• Est. tax owed @ 24.0%: −$5,028
• After-tax cash flow: $21,563/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: Wilmot Uhs School District
• NCES district ID: 5516770
• Math proficiency: 32% ▲ 2.00%
• Reading proficiency: 48% ▲ 6.00%
• Median HH income: $62,783
• Composite: 35.65/100
• National rank: #4881
• State rank: #138 of 342 in WI

Livability — Randall

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Powers Lake, WI
• Population (ZIP): 8,985

Population outlook (Kenosha County) Hauer SSP2

• Today (2025): 174,032 people
• By 2030: 174,923 · +0.5%
• By 2040: 173,895 · -0.1%
• By 2050: 170,102 · -2.3%
• By 2075: 162,952 · -6.4%
• By 2100: 154,781 · -11.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Hispanic / Latino 14% Two or more races 7%
• Hispanic origin (detail): Mexican 12% Cuban 2%
• Common ancestry: Romanian 9% Slovak 2% Iranian 2%
• Foreign-born: 6% · Canada
• Languages at home: 88% English-only · Spanish 10% Russian/Polish/Slavic 2%

Political lean MEDSL · Kenosha

• 2024 margin: Lean R (+6.2) · D 46.2% · R 52.5% · Other 1.3%
• 2008→2024 swing: -24.3pp toward R · 2008: 18.1pp · 2024: -6.2pp
• All cycles: 2024: R+6.2 2020: R+3.1 2016: R+0.3 2012: D+12.3 2008: D+18.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -22.26%
• Current HPI: 307.4105
• Rent YoY: —
• Metro: —
• 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

+191.1% since first listed

5 events — show timeline

• 2026-05-22 Listed $425,000 METROMLS
• 2020-08-17 Sold (MLS) $315,200 METROMLS
• 2020-06-28 Contingent — METROMLS
• 2020-06-03 Listed $300,000 METROMLS
• 1998-09-01 Sold (Public Records) $146,000 Public Records

Property tax history

+3.7%/yr

Latest (2025): $4,329 · +11.6% YoY. Source: county tax records.