1567 S Cesar E Chavez Dr · Milwaukee, WI 53204

$135,000

3 bd · 1.0 ba · 990 sqft · SingleFamily public records · 25 Days on market

Built 1900 3,049 sqft lot $136/sqft · at area comps Est $135k · at est.

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Why this score? — see what drove the C 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 +16.4/30.0
• Appreciation +10.0/10.0
• ARV discount +7.3/15.0
• 1% rule +5.5/10.0
• DSCR +5.1/10.0
• Livability +4.0/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0

Listing remarks MLS

NEW WINDOWS UPSTAIRS. NEWER KITCH CABINETS, COUNTER & SINK. NEWER DECK & FENCED YARD. CLOSE TO PUBLIC TRANSPORTION. NICELY MAINTAINED

Key facts

• 3,049 sq ft lot
• Built 1900
• Listed 24 days

Property features AI

Finance

• Other: Seller excludes personal property and appliances; Included items listed as n/a

Exterior

• Utilities: Municipal water; Municipal sewer
• Home design: 1.5-story single-family home; Less than 1/2 acre lot (approximately 0.07 acre); Zoned RT4 Residential
• Construction: Information source lists year built (assessor/public record)
• Exterior features: Vinyl exterior; Other exterior materials

Interior

• Kitchen: Kitchen on main level (approx. 13 x 12)
• Bedrooms: Primary bedroom on upper level (approx. 8 x 13); Second bedroom on main level (approx. 7 x 11); Third bedroom on main level (approx. 7 x 11)
• Bathrooms: One full bathroom with shower-over-tub
• Heating & cooling: Radiant / hot water heating fueled by natural gas
• Interior features: Full basement; Living room on main level; Dining room on main level; Family room on upper level

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $76 ($915/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $135k).
• Recommended offer: $133k (1.5% below list) — sets the bar for market timing.
• Cap rate 7.0% vs local median 5.1% in Milwaukee — 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 81/100 on livability (#55 in WI, #1,534 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D+, schools F, crime F.
• Milwaukee School District (urban): math 10% / reading 18% proficiency, ranked #337 of 342 in WI (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.0%/yr); 57 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,017 units permitted in Milwaukee County in 2024 (803 in 5+ unit buildings).
• This rent runs 37% of the median local income ($46k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $14k of equity ($933 loan paydown + $14k appreciation (10.0% local appreciation)).
• Milwaukee County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (10.0% appreciation + 2.0% rent growth), your $38k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 25 days — a 2% lower offer ($133k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y 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 $115k; 17% 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 $132,975 (1.5% 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 F 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. 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.
6. 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.
7. 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: 1.05% ✓
• Cap rate: 6.97%
• Cash-on-cash: 2.42%
• DSCR: 1.11
• GRM: 7.9

CMA / ARV

• ARV (median comp): $134,515
• List price: $135,000
• Delta: 0.36%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1603 S Union St	0.23mi	3/2.5	1,056 (+7%)	3mo	$199,900	$189	70
2114 W Vilter St	0.57mi	3/1.0	943 (-5%)	6mo	$150,000	$159	61
2116 W Burnham St	0.41mi	3/1.0	900 (-9%)	6mo	$138,000	$153	61
1738 S 17th St	0.22mi	3/1.0	1,104 (+12%)	12mo	$200,000	$181	61
1960 S 14th St	0.44mi	3/1.0	900 (-9%)	7mo	$145,000	$161	58
1234 W Scott St	0.42mi	2/1.0 (-1)	904 (-9%)	4mo	$142,000	$157	58
1544 S 25th St	0.59mi	3/1.0	1,059 (+7%)	9mo	$140,000	$132	54
1619 S 25th St	0.62mi	3/1.0	1,031 (+4%)	13mo	$135,000	$131	54
1732 S 7th St	0.72mi	3/1.0	1,068 (+8%)	5mo	$125,000	$117	49
1211 W Walker St	0.60mi	2/2.0 (-1)	943 (-5%)	12mo	$125,000	$133	45
2174 S 14th St	0.70mi	3/1.0	1,092 (+10%)	6mo	$95,000	$87	45
1917 S 10th St	0.55mi	2/1.0 (-1)	867 (-12%)	9mo	$145,000	$167	41

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

Projected returns pro-forma

10.0% appreciation · 2.0% rent growth · sell at horizon

5-year hold

• IRR: 25.6%
• Equity multiple: 3.04×
• Total profit: $77,056
• Equity at exit: $121,619

10-year hold

• IRR: 22.3%
• Equity multiple: 6.83×
• Total profit: $220,527
• Equity at exit: $262,275

Cash invested: $37,800 (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 53204

• Home prices YoY: 19.0%
• Rents YoY: 2.0%
• Active inventory: 57
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,418 high
• Mortgage (P&I): −$708
• Tax from tax record: −$280 /mo · $3,360/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$298
• Net cashflow: $76

Break-even live

Break-even rent $1,322

Max offer price $135,000

Occupancy floor 90%

Sensitivity live

Price	-10% $153	-5% $114	+0% $76	+5% $38	+10% $0
Rent	-10% $-36	-5% $20	+0% $76	+5% $132	+10% $188
Rate	-1.0pp $144	-0.5pp $111	base $76	+0.5pp $41	+1.0pp $6

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1578 S Union St Unit 1 Milwaukee, WI	2.0	1.0	900	$1,050	$1.17	24d	1	0.20mi
1926 S 20th St Milwaukee, WI	3.0	1.0	795	$1,200	$1.51	44d	1	0.44mi
2100 W National Ave Unit 4 Milwaukee, WI	2.0	1.0	900	$1,225	$1.36	24d	1	0.65mi
1747 S 25th St Apt 4 Milwaukee, WI	2.0	1.0	646	$895	$1.39	44d	1	0.67mi
2161 S 16th St Unit 2161 Milwaukee, WI	2.0	1.0	850	$1,045	$1.23	44d	1	0.68mi
1143 S 25th St #1 Milwaukee, WI	3.0	1.0	900	$1,050	$1.17	44d	1	0.69mi
2327 S 15th St Unit 1 Milwaukee, WI	2.0	1.0	780	$845	$1.08	5d	1	0.88mi
611 W National Ave Milwaukee, WI	1.0–2.0	1.0–2.0	866	$1,900	$2.19	4d	3	0.91mi
924 S 5th St Unit 501 Milwaukee, WI	2.0	1.0	1005	$1,917	$1.91	44d	1	0.95mi
1568 W Windlake Ave Unit 4 Milwaukee, WI	2.0	1.0	713	$895	$1.26	15d	1	0.99mi
2252 S 7th St Unit Upper Front Milwaukee, WI	2.0	1.0	900	$1,200	$1.33	44d	1	1.04mi
747 W Freshwater Way Unit 112 Milwaukee, WI	2.0	1.0	983	$2,725	$2.77	44d	1	1.11mi
2435 S 9th St Unit 2435 Milwaukee, WI	2.0	1.0	900	$895	$0.99	44d	1	1.13mi
2435 S 9th St Milwaukee, WI	2.0	1.0	900	$895	$0.99	24d	1	1.13mi
2435 S 9th St Unit 2435A Milwaukee, WI	2.0	1.0	900	$1,025	$1.14	44d	1	1.13mi
124 W Washington St Milwaukee, WI	2.0	1.0–2.0	845	$2,126	$2.52	44d	11	1.13mi
3124 W National Ave Unit 3124-2 Milwaukee, WI	2.0	1.0	900	$1,199	$1.33	44d	1	1.14mi
3124 W National Ave Unit 3124-6 Milwaukee, WI	2.0	1.0	900	$1,199	$1.33	22d	1	1.14mi
625 W Freshwater Way Milwaukee, WI	1.0–2.0	1.0–2.0	1137	$3,650	$3.21	3d	12	1.16mi
300 W Florida St Unit 415 Milwaukee, WI	2.0	1.0	991	$2,350	$2.37	44d	1	1.28mi
2562 S 9th St Milwaukee, WI	2.0	1.0	1000	$995	$0.99	44d	1	1.30mi
2482 S 5th St Milwaukee, WI	2.0	1.0	900	$1,095	$1.22	24d	1	1.34mi
205 W Oregon St Unit 322 Milwaukee, WI	2.0	2.0	1037	$2,360	$2.28	44d	1	1.35mi
324 S 2nd St Unit 1504185P Milwaukee, WI	2.0	1.0	1033	$4,467	$4.32	3d	1	1.37mi
324 S 2nd St Apt 309 Milwaukee, WI	2.0	2.0	1085	$2,525	$2.33	5d	1	1.37mi
324 S 2nd St Unit 1504186P Milwaukee, WI	2.0	1.0	1033	$4,713	$4.56	44d	1	1.37mi
2141 S Robinson Ave Milwaukee, WI	3.0	1.0–2.0	1006	$2,695	$2.68	2d	20	1.45mi
2142 S 36th St Unit A Milwaukee, WI	2.0	1.0	842	$1,200	$1.43	18d	1	1.46mi
2561 S 29th St Milwaukee, WI	2.0	1.0	900	$995	$1.11	17d	1	1.48mi
501 N 20th St Apt C Milwaukee, WI	3.0	2.0	1122	$1,800	$1.60	18d	1	1.49mi

Listing history 15 events

1. 2026-06-01
   days on market $135,000 Active 25 DOM
2. 2026-05-31
   days on market $135,000 Active 24 DOM
3. 2026-05-07
   listed $135,000 Active 513-char remark
4. 2023-12-11
   soldstatus $115,000 Sold 145-char remark

   Show marketing remark (145 chars)

   NEW WINDOWS UPSTAIRS. NEWER KITCH CABINETS, COUNTER & SINK. NEWER DECK & FENCED YARD. CLOSE TO PUBLIC TRANSPORTION. NICELY MAINTAINED

5. 2023-12-05
   status Pending 145-char remark

   Show marketing remark (145 chars)

   NEW WINDOWS UPSTAIRS. NEWER KITCH CABINETS, COUNTER & SINK. NEWER DECK & FENCED YARD. CLOSE TO PUBLIC TRANSPORTION. NICELY MAINTAINED

6. 2023-09-24
   price $126,999 145-char remark

   Show marketing remark (145 chars)

   NEW WINDOWS UPSTAIRS. NEWER KITCH CABINETS, COUNTER & SINK. NEWER DECK & FENCED YARD. CLOSE TO PUBLIC TRANSPORTION. NICELY MAINTAINED

7. 2023-08-30
   price $131,999 145-char remark

   Show marketing remark (145 chars)

   NEW WINDOWS UPSTAIRS. NEWER KITCH CABINETS, COUNTER & SINK. NEWER DECK & FENCED YARD. CLOSE TO PUBLIC TRANSPORTION. NICELY MAINTAINED

8. 2023-07-26
   price $133,000 145-char remark

   Show marketing remark (145 chars)

   NEW WINDOWS UPSTAIRS. NEWER KITCH CABINETS, COUNTER & SINK. NEWER DECK & FENCED YARD. CLOSE TO PUBLIC TRANSPORTION. NICELY MAINTAINED

9. 2023-05-01
   price $140,000 145-char remark

   Show marketing remark (145 chars)

   NEW WINDOWS UPSTAIRS. NEWER KITCH CABINETS, COUNTER & SINK. NEWER DECK & FENCED YARD. CLOSE TO PUBLIC TRANSPORTION. NICELY MAINTAINED

10. 2023-03-29
    price $145,000 145-char remark

    Show marketing remark (145 chars)

    NEW WINDOWS UPSTAIRS. NEWER KITCH CABINETS, COUNTER & SINK. NEWER DECK & FENCED YARD. CLOSE TO PUBLIC TRANSPORTION. NICELY MAINTAINED

11. 2023-03-09
    listed $150,000 Active 145-char remark

    Show marketing remark (145 chars)

    NEW WINDOWS UPSTAIRS. NEWER KITCH CABINETS, COUNTER & SINK. NEWER DECK & FENCED YARD. CLOSE TO PUBLIC TRANSPORTION. NICELY MAINTAINED

12. 2022-09-09
    soldstatus $12,500
13. 2001-08-07
    soldstatus $30,000
14. 1996-12-19
    soldstatus $19,900
15. 1996-11-01
    soldstatus $19,900

ⓘ 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: $3,360 · $280/mo
• Projected year-2 tax: $3,360 · $280/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 ≥96°F today · 13 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,019
• − Mortgage interest: −$7,562
• − Property taxes: −$3,360
• − Insurance: −$675
• − Repairs & maintenance: −$1,362
• − Management: −$1,362
• − Depreciation: −$3,927
• Taxable loss: −$1,228
• Est. tax savings @ 24.0%: +$295
• After-tax cash flow: $1,209/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: Milwaukee School District
• NCES district ID: 5509600
• Math proficiency: 10% ▼ -5.00%
• Reading proficiency: 18% ▬ 0.00%
• Median HH income: $36,339
• Composite: 11.61/100
• National rank: #9696
• State rank: #337 of 342 in WI

Livability — Milwaukee

• Score: 81/100
• State rank: #55
• US rank: #1534

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Milwaukee, WI
• County: Milwaukee County · 926,379 people
• City population: 573,768
• Metro: Milwaukee-Waukesha, WI
• Population (ZIP): 39,996
• Household income: $45,934
• Rent vs Own: 73.8% rent · 26.2% own
• Severe rent burden: 2357.0

Population outlook (Milwaukee County) Hauer SSP2

• Today (2025): 995,758 people
• By 2030: 1,009,124 · +1.3%
• By 2040: 1,028,128 · +3.3%
• By 2050: 1,040,066 · +4.4%
• By 2075: 1,057,849 · +6.2%
• By 2100: 1,039,774 · +4.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (68%)
• Race & ethnicity: Hispanic / Latino 68% Two or more races 35% White 15% Black 11% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 51% Puerto Rican 13%
• Common ancestry: Romanian 3% Portuguese 1% Lithuanian 1%
• Foreign-born: 28% · Canada
• Languages at home: 35% English-only · Spanish 61% Other Asian/Pacific 1%

Political lean MEDSL · Milwaukee

• 2024 margin: Solid D (+38.5) · D 68.3% · R 29.8% · Other 1.8%
• 2008→2024 swing: +2.7pp toward D · 2008: 35.9pp · 2024: 38.5pp
• All cycles: 2024: D+38.5 2020: D+39.9 2016: D+37.5 2012: D+34.6 2008: D+35.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 64.27%
• Current HPI: 403.236
• Rent YoY: ▲ 2.00%
• Metro: Milwaukee-Waukesha, 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

+578.4% since first listed

14 events — show timeline

• 2026-06-01 Listing Removed — METROMLS
• 2026-05-07 Listed $135,000 METROMLS
• 2023-12-11 Sold (MLS) $115,000 METROMLS
• 2023-12-05 Pending — METROMLS
• 2023-09-24 Price Changed $126,999 METROMLS
• 2023-08-30 Price Changed $131,999 METROMLS
• 2023-07-26 Price Changed $133,000 METROMLS
• 2023-05-01 Price Changed $140,000 METROMLS
• 2023-03-29 Price Changed $145,000 METROMLS
• 2023-03-09 Listed $150,000 METROMLS
• 2022-09-09 Sold (Public Records) $12,500 Public Records
• 2001-08-07 Sold (Public Records) $30,000 Public Records
• 1996-12-19 Sold (Public Records) $19,900 Public Records
• 1996-11-01 Sold (Public Records) $19,900 Public Records

Property tax history

+10.2%/yr

Latest (2024): $3,360 · +130.0% YoY. Source: county tax records.