30972 County Road Xx #4 · Belmont, WI 53818

$69,500

3 bd · 2.0 ba · 1,280 sqft · SingleFamily · 42 Days on market

Built 2000 Good condition $54/sqft · 77% below area

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.0/10.0
• Livability +3.8/5.0
• Condition / age +3.8/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Beautiful 14' x 80' Mobile Home. This well-maintained home features many recent upgrades, including: Newer refrigerator, Central air conditioning, Updated windows, exterior doors, and flooring. Fresh paint throughout with new roof and siding. Two decks: 10' x 12' and 4' x 6'. Storage shed: 8' x 12'. Come check out this home which is move-in ready and perfect for comfortable living!

Key facts

• Built 2000
• Listed 42 days

Property features AI

Exterior

• Utilities: Municipal water; Municipal sewer; Natural gas
• Home design: Single-family, one-story home; Finished above-grade area approx. 1,280
• Construction: Vinyl construction
• Exterior features: Vinyl exterior; Deck; Storage building on lot

Interior

• Kitchen: Range/oven; Refrigerator; Dishwasher; Microwave; Breakfast bar; Pantry
• Bedrooms: Primary bedroom on main level, approx. 13 x 14; Second bedroom on main level, approx. 10 x 14; Third bedroom on main level, approx. 10 x 11
• Bathrooms: Two full bathrooms; Master suite with full bath
• Heating & cooling: Forced air heating; Central air conditioning; Natural gas heating fuel
• Interior features: Cable/Satellite available; High-speed internet available; Deck
• Laundry & utility: Dryer included

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $70k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $712 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $70k).
• Recommended offer: $67k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 76/100 on livability (#137 in WI, #3,618 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety C-, amenities F, commute F.
• Platteville School District (town): math 52% / reading 42% proficiency, ranked #85 of 342 in WI (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Westview Elementary (math 62% / reading 42%, grade C-, #215 of 1,041 statewide, top 23%, 448 students, 42% FRL); Platteville Middle (math 51% / reading 45%, grade C-, #66 of 383 statewide, top 17%, 437 students, 43% FRL); Platteville High (math 32% / reading 32%, grade F, #184 of 483 statewide, top 41%, 496 students, 37% FRL).
• Market conditions: 49 active listings in the ZIP; 67 units permitted in Lafayette County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $481 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Lafayette County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $19k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($67k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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.

Recommended offer $67,415 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
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: 2.17% ✓
• Cap rate: 18.59%
• Cash-on-cash: 43.91%
• DSCR: 2.95
• GRM: 3.8

CMA / ARV

• ARV (median comp): $299,501
• List price: $69,500
• Delta: -76.79%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
30972 County Road Xx #301	0.00mi	3/2.0	1,456 (+14%)	3mo	$69,500	$48	75

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: 40.9%
• Equity multiple: 2.75×
• Total profit: $34,117
• Equity at exit: $10,363

10-year hold

• IRR: 47.1%
• Equity multiple: 5.53×
• Total profit: $88,203
• Equity at exit: $6,009

Cash invested: $19,460 (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 53818

• Active inventory: 49
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $1,509 medium
• Mortgage (P&I): −$364
• Tax est. 1.5%: −$87 /mo · $1,042/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$317
• Net cashflow: $712

Break-even live

Break-even rent $608

Max offer price $69,500

Occupancy floor 48%

Sensitivity live

Price	-10% $760	-5% $736	+0% $712	+5% $688	+10% $664
Rent	-10% $593	-5% $653	+0% $712	+5% $772	+10% $831
Rate	-1.0pp $747	-0.5pp $730	base $712	+0.5pp $694	+1.0pp $676

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: $17,375
• Closing costs: $2,085
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-21
   days on market $69,500 Active 42 DOM
2. 2026-06-21
   days on market $69,500 Active 41 DOM
3. 2026-06-18
   days on market $69,500 Active 39 DOM
4. 2026-06-17
   days on market $69,500 Active 38 DOM
5. 2026-06-16
   days on market $69,500 Active 37 DOM
6. 2026-06-15
   days on market $69,500 Active 36 DOM
7. 2026-06-15
   days on market $69,500 Active 35 DOM
8. 2026-06-13
   days on market $69,500 Active 34 DOM
9. 2026-06-12
   days on market $69,500 Active 33 DOM
10. 2026-06-09
    days on market $69,500 Active 30 DOM
11. 2026-06-08
    days on market $69,500 Active 29 DOM
12. 2026-06-08
    days on market $69,500 Active 28 DOM
13. 2026-06-05
    days on market $69,500 Active 26 DOM
14. 2026-06-03
    days on market $69,500 Active 24 DOM
15. 2026-06-02
    days on market $69,500 Active 23 DOM
16. 2026-06-01
    days on market $69,500 Active 22 DOM
17. 2026-05-31
    days on market $69,500 Active 21 DOM
18. 2026-05-12
    status Active 385-char remark
19. 2026-04-29
    status Pending 385-char remark
20. 2026-04-27
    listed Offer Show 385-char remark
21. 2026-04-24
    listed $69,500 385-char remark

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

Taxation est. · year 1

• Rental income: $18,113
• − Mortgage interest: −$3,893
• − Property taxes: −$1,042
• − Insurance: −$348
• − Repairs & maintenance: −$1,449
• − Management: −$1,449
• − Depreciation: −$2,022
• Taxable income: $7,910
• Est. tax owed @ 24.0%: −$1,898
• After-tax cash flow: $6,647/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.

Condition & rehab AI · 13 photos

Good 75/100 Cosmetic rehab

This move-in ready mobile home features recent upgrades and is in good condition, with a good potential for value increase through landscaping and interior updates.

Value-add opportunities

• Both landscaping — enhances curb appeal and value
• Both painting — fresh paint improves appearance and value
• Both upgrading appliances — newer appliances increase appeal and value

Renovation cost estimate screening

Value-add ROI direction

• Both landscaping — enhances curb appeal and value ↑
• Both painting — fresh paint improves appearance and value ↑
• Both upgrading appliances — newer appliances increase appeal and value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Platteville School District
• NCES district ID: 5511850
• Math proficiency: 52% ▼ -8.00%
• Reading proficiency: 42% ▼ -12.00%
• Median HH income: $44,913
• Composite: 39.87/100
• National rank: #3863
• State rank: #85 of 342 in WI

Livability — Belmont

• Score: 76/100
• State rank: #137
• US rank: #3618

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 15,843

Population outlook (Lafayette County) Hauer SSP2

• Today (2025): 16,236 people
• By 2030: 15,817 · -2.6%
• By 2040: 14,834 · -8.6%
• By 2050: 13,692 · -15.7%
• By 2075: 11,220 · -30.9%
• By 2100: 8,477 · -47.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Hispanic / Latino 3% Black 3% Two or more races 3% Asian 2%
• Common ancestry: Portuguese 7% Romanian 5% Iranian 3%
• Foreign-born: 2% · Canada
• Languages at home: 94% English-only · German/W. Germanic 3% Spanish 1% Other Asian/Pacific 1%

Political lean MEDSL · Lafayette

• 2024 margin: Strong R (+20.2) · D 39.3% · R 59.5% · Other 1.2%
• 2008→2024 swing: -42.6pp toward R · 2008: 22.3pp · 2024: -20.2pp
• All cycles: 2024: R+20.2 2020: R+13.7 2016: R+9.1 2012: D+15.4 2008: D+22.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -129.66%
• Current HPI: 189.3094
• 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

4 events — show timeline

• 2026-05-12 Relisted — SCWMLS
• 2026-04-29 Pending — SCWMLS
• 2026-04-27 Listed — SCWMLS
• 2026-04-24 Listed $69,500 SCWMLS