🏷️ Likely Rental
1941 N 21st St · Milwaukee, WI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $636 – $1,182
Heat risk 2/10 · Minimal
- Hot days now (above 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 13 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the A- 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 +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Appreciation +6.5/10.0
- Livability +4.0/5.0
- Rent growth +2.5/5.0
- Condition / age +2.2/5.0
- Schools +0.6/10.0
$100,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Attention investors. Cash Flow rental property that fits the 1 pct RULE! Awesome location tucked in around lots of newer homes and current builds in the 300/400k's! Also just Minutes from the HWY, Fiserv Forum and Downtown MKE. Currently rented at $1500 per month. Big ticket items like roof and windows are brand new and others have had recent updates (see list of updates). A great investment that allows you to sit back and collect a great cash flow and build equity in an area prime for more development. 24 hour notice for tenant but schedule your showing today.
Key facts
- Roof re-sheeted
- New windows
- 6,098 sq ft lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.0-bath single-family listed at $100k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $499 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $100k).
- Recommended offer: $98k (1.5% below list) — sets the bar for market timing.
- Cap rate 12.3% vs local median 4.9% 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: 35 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 47d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,017 units permitted in Milwaukee County in 2024 (803 in 5+ unit buildings).
- At $1,500/mo this rent would consume 57% of the median local household income ($32k/yr) (locally 23% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- In year one you build about $4k of equity ($691 loan paydown + $3k appreciation (3.0% local appreciation)).
- Milwaukee County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~3 years — after that, you're playing with house money.
- By year 9, paydown + projected appreciation supports a ~$32k 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 ($98k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 8y 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 $65k; list at $100k implies a 54% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1880 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1880 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.50% ✓
- Cap rate
- 12.28%
- Cash-on-cash
- 21.39%
- DSCR
- 1.95
- GRM
- 5.6
CMA / ARV
- ARV (median comp)
- $167,911
- List price
- $100,000
- Delta
- -28.59%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1314 N 22nd St | 0.56mi | 4/1.0 | 1,380 (-2%) | 6mo | $105,000 | $76 | 66 |
| 1815 W Galena St | 0.36mi | 3/1.5 (-1) | 1,326 (-6%) | 2mo | $135,000 | $102 | 65 |
| 2476 W Garfield Ave | 0.37mi | 3/1.0 (-1) | 1,300 (-8%) | 1mo | $139,900 | $108 | 64 |
| 2200 W Galena St | 0.30mi | 3/1.5 (-1) | 1,512 (+8%) | 8mo | $155,000 | $103 | 60 |
| 2350 N 18th St | 0.46mi | 5/1.0 (+1) | 1,329 (-5%) | 6mo | $45,000 | $34 | 60 |
| 1856 N 24th Pl | 0.25mi | 3/1.5 (-1) | 1,234 (-12%) | 2mo | $100,000 | $81 | 60 |
| 2029 N 28th St | 0.50mi | 3/1.5 (-1) | 1,302 (-7%) | 1mo | $165,000 | $127 | 56 |
| 2453 N 15th St | 0.65mi | 4/2.0 | 1,329 (-5%) | 2mo | $135,000 | $102 | 55 |
| 2564 N 17th St | 0.73mi | 3/1.0 (-1) | 1,386 (-1%) | 6mo | $52,000 | $38 | 53 |
| 2548 N 18th St | 0.68mi | 4/1.5 | 1,510 (+8%) | 4mo | $130,000 | $86 | 50 |
| 2462 N 23rd St | 0.56mi | 3/1.0 (-1) | 1,227 (-13%) | 8mo | $129,900 | $106 | 41 |
| 2120 N 11th St | 0.72mi | 5/2.0 (+1) | 1,569 (+12%) | 8mo | $83,750 | $53 | 31 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
3.02% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 27.7%
- Equity multiple
- 2.57×
- Total profit
- $43,974
- Equity at exit
- $45,096
- IRR
- 28.2%
- Equity multiple
- 5.00×
- Total profit
- $111,887
- Equity at exit
- $69,601
Cash invested: $28,000 (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
Active competition Active MLS
- For sale now
- 11 active · 18 under contract
- Months of supply
- 2.9 mo (35%/mo absorbed)
- Median asking
- $155,000 ($117/sqft)
- Median days on market
- 36 d
- This list price
- 36% of active listings are priced below it
- ARV vs active asking
- +1.8% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 53205
- Home prices YoY
- 0.8%
- Active inventory
- 35
- Price-to-rent
- 5.6×
Monthly cashflow live
- Estimated rent
- $1,500 high interval (Pro) →
- Mortgage (P&I)
- −$524
- Tax from tax record
- −$120 /mo · $1,438/yr
- Insurance
- −$42
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$315
- Net cashflow
- $499
Break-even live
Sensitivity live
| Price | -10% $556 | -5% $527 | +0% $499 | +5% $471 | +10% $442 |
|---|---|---|---|---|---|
| Rent | -10% $381 | -5% $440 | +0% $499 | +5% $558 | +10% $618 |
| Rate | -1.0pp $549 | -0.5pp $524 | base $499 | +0.5pp $473 | +1.0pp $447 |
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
- $25,000
- Closing costs
- $3,000
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2119 W Brown St Milwaukee, WI | 3.0 | 1.0 | 1754 | $995 | $0.57 | 52d | 1 | 0.03mi |
| 1938 N 15th St Milwaukee, WI | 3.0 | 1.0 | 1243 | $1,295 | $1.04 | 41d | 1 | 0.39mi |
| 2203 N 28th St Milwaukee, WI | 3.0 | 1.0 | 1000 | $1,100 | $1.10 | 47d | 1 | 0.55mi |
| 2201 N 28th St Unit 1 Milwaukee, WI | 3.0 | 1.0 | 1000 | $1,100 | $1.10 | 36d | 1 | 0.55mi |
| 1649 N 29th St Unit 2 Milwaukee, WI | 3.0 | 1.0 | 1200 | $1,300 | $1.08 | 41d | 1 | 0.62mi |
| 1651 N 29th St Unit 2 Milwaukee, WI | 3.0 | 1.0 | 1300 | $1,300 | $1.00 | 41d | 1 | 0.62mi |
| 2308 W Clarke St Milwaukee, WI | 4.0 | 2.0 | 1545 | $1,750 | $1.13 | 72d | 1 | 0.72mi |
| 1239 N 26th St Unit 1 Milwaukee, WI | 3.0 | 1.0 | 1300 | $1,400 | $1.08 | 93d | 1 | 0.74mi |
| 1239 N 26th St Unit 1 Milwaukee, WI | 3.0 | 1.0 | 1300 | $1,400 | $1.08 | 93d | 1 | 0.74mi |
| 2478-2480 W Juneau Ave Unit 2478 Milwaukee, WI | 4.0 | 1.0 | 1375 | $1,495 | $1.09 | 72d | 1 | 0.75mi |
| 1235 N 26th St Milwaukee, WI | 3.0 | 1.0 | 900 | $950 | $1.06 | 93d | 1 | 0.75mi |
| 3127 W Garfield Ave Milwaukee, WI | 3.0 | 1.0 | 1195 | $1,195 | $1.00 | 20d | 1 | 0.76mi |
| 2610 W Juneau Ave Unit 2610 Lower Milwaukee, WI | 3.0 | 1.0 | 893 | $1,400 | $1.57 | 17d | 1 | 0.79mi |
| 2201 N 32nd St Unit 2201 Milwaukee, WI | 3.0 | 1.0 | 1100 | $1,095 | $1.00 | 28d | 1 | 0.81mi |
| 2809 W Clarke St Unit 12811 Milwaukee, WI | 3.0 | 1.0 | 1400 | $1,200 | $0.86 | 66d | 1 | 0.85mi |
| 1515 N 32nd St Unit 1515 Milwaukee, WI | 3.0 | 1.0 | 1200 | $1,245 | $1.04 | 53d | 1 | 0.87mi |
| 1639 N 33rd St Milwaukee, WI | 3.0 | 1.0 | 1424 | $950 | $0.67 | 72d | 1 | 0.88mi |
| 2741 N 23rd St Milwaukee, WI | 3.0 | 1.0 | 900 | $1,050 | $1.17 | 63d | 1 | 0.89mi |
| 2741 N 23rd St Unit 2 Milwaukee, WI | 3.0 | 1.0 | 1000 | $1,100 | $1.10 | 66d | 1 | 0.89mi |
| 2057 N 34th St Milwaukee, WI | 5.0 | 1.0 | 1784 | $1,700 | $0.95 | 41d | 1 | 0.90mi |
| 1116 N 13th St Milwaukee, WI | 3.0 | 1.0 | 1400 | $1,345 | $0.96 | 63d | 1 | 0.94mi |
| 3416 W Walnut St Milwaukee, WI | 3.0 | 1.0 | 1288 | $1,545 | $1.20 | 20d | 1 | 0.94mi |
| 1303 N 10th St Milwaukee, WI | 3.0 | 1.0–2.0 | 858 | $2,895 | $3.37 | 11d | 35 | 0.95mi |
| 2765 N 26th St Unit 1 Milwaukee, WI | 3.0 | 1.0 | 1125 | $1,200 | $1.07 | 53d | 1 | 0.99mi |
| 2405 N 34th St Unit 2 Milwaukee, WI | 3.0 | 1.0 | 1300 | $1,300 | $1.00 | 27d | 1 | 1.00mi |
| 1700 N 36th St Milwaukee, WI | 3.0 | 1.0 | 950 | $1,250 | $1.32 | 40d | 1 | 1.02mi |
| 2161 N 36th St #2163 Milwaukee, WI | 5.0 | 1.0 | 1573 | $1,350 | $0.86 | 34d | 1 | 1.03mi |
| 2031 N 37th St Unit 2 Milwaukee, WI | 3.0 | 1.0 | 1300 | $1,200 | $0.92 | 32d | 1 | 1.08mi |
| 2031 N 37th St Unit 2 Milwaukee, WI | 3.0 | 1.0 | 1300 | $1,300 | $1.00 | 27d | 1 | 1.08mi |
| 2031 N 37th St Unit 1 Milwaukee, WI | 3.0 | 1.0 | 1200 | $1,300 | $1.08 | 30d | 1 | 1.08mi |
| 3100 W Center St Milwaukee, WI | 1.0–4.0 | 1.0–2.0 | 1050 | $1,703 | $1.62 | 11d | 8 | 1.10mi |
| 2001 N 38th St #2003 Milwaukee, WI | 3.0 | 1.0 | 1326 | $950 | $0.72 | 51d | 1 | 1.14mi |
| 2945 N 23rd St Milwaukee, WI | 3.0 | 1.0 | 1014 | $1,195 | $1.18 | 93d | 1 | 1.14mi |
| 2870 N 29th St #2872 Milwaukee, WI | 3.0 | 1.0 | 1300 | $1,250 | $0.96 | 93d | 1 | 1.18mi |
| 2403 N 39th St Unit 2405 Milwaukee, WI | 3.0 | 1.0 | 1141 | $995 | $0.87 | 28d | 1 | 1.27mi |
| 2403-2405 N 39th St Unit 2403 Lower Milwaukee, WI | 3.0 | 1.0 | 1200 | $995 | $0.83 | 59d | 1 | 1.28mi |
| 2462 W Michigan St Milwaukee, WI | 3.0 | 1.0 | 1300 | $1,450 | $1.12 | 20d | 1 | 1.29mi |
| 958 N 35th St Milwaukee, WI | 5.0 | 1.0 | 1600 | $2,100 | $1.31 | 36d | 1 | 1.30mi |
| 2251 N 41st St Unit Lower Milwaukee, WI | 3.0 | 1.0 | 1187 | $1,198 | $1.01 | 63d | 1 | 1.35mi |
| 2577 N Vel R Phillips Ave Milwaukee, WI | 3.0 | 1.0 | 1048 | $1,400 | $1.34 | 66d | 1 | 1.35mi |
Property features AI
Finance
- Other
- Zoning: rs6
Exterior
- Utilities
- Municipal waterMunicipal sewerNatural gas
- Home design
- Two-story single-family homeEstimated finished above-grade area approximately 1,405
- Construction
- Constructed (year built from assessor/public record)Exterior materials: aluminum, aluminum/steel, wood
- Exterior features
- Aluminum, aluminum/steel, and wood exteriorLot size less than 1/2 acre
Interior
- Kitchen
- CooktopOvenRefrigerator
- Bedrooms
- Master bedroom (upper) — 13 x 12Bedroom 2 (main) — 13 x 9Bedroom 3 (upper) — 10 x 7Bedroom 4 (upper) — 11 x 9
- Bathrooms
- 1 full bathroom
- Heating & cooling
- Forced air heatingNatural gas fuel
- Interior features
- Full finished basementLiving room on main levelDining room on main levelKitchen on main level
Listing history 50 events
-
2026-08-08days on market $100,000 Active 25 DOM
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2026-08-07days on market $100,000 Active 24 DOM
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2026-08-06days on market $100,000 Active 23 DOM
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2026-08-05days on market $100,000 Active 22 DOM
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2026-08-04days on market $100,000 Active 21 DOM
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2026-08-03days on market $100,000 Active 20 DOM
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2026-07-31days on market $100,000 Active 17 DOM
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2026-07-30days on market $100,000 Active 16 DOM
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2026-07-30days on market $100,000 Active 15 DOM
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2026-07-28days on market $100,000 Active 14 DOM
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2026-07-26days on market $100,000 Active 12 DOM
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2026-07-24days on market $100,000 Active 10 DOM
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2026-07-23days on market $100,000 Active 9 DOM
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2026-07-22days on market $100,000 Active 8 DOM
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2026-07-21days on market $100,000 Active 7 DOM
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2026-07-20days on market $100,000 Active 6 DOM
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2026-07-18days on market $100,000 Active 4 DOM
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2026-07-18days on market $100,000 Active 3 DOM
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2026-07-16days on market $100,000 Active 2 DOM
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2026-07-15pricedays on market $100,000 Active 1 DOM
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2026-06-27days on market $119,900 Active 64 DOM
Show marketing remark (569 chars)
Attention investors. Cash Flow rental property that fits the 1 pct RULE! Awesome location tucked in around lots of newer homes and current builds in the 300/400k's! Also just Minutes from the HWY, Fiserv Forum and Downtown MKE. Currently rented at $1500 per month. Big ticket items like roof and windows are brand new and others have had recent updates (see list of updates). A great investment that allows you to sit back and collect a great cash flow and build equity in an area prime for more development. 24 hour notice for tenant but schedule your showing today.
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2026-06-25days on market $119,900 Active 62 DOM
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2026-06-22days on market $119,900 Active 60 DOM
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2026-06-21days on market $119,900 Active 59 DOM
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2026-06-18days on market $119,900 Active 56 DOM
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2026-06-17days on market $119,900 Active 55 DOM
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2026-06-16days on market $119,900 Active 54 DOM
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2026-06-15days on market $119,900 Active 53 DOM
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2026-06-13days on market $119,900 Active 51 DOM
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2026-06-13days on market $119,900 Active 50 DOM
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2026-06-09days on market $119,900 Active 47 DOM
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2026-06-08days on market $119,900 Active 46 DOM
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2026-06-07days on market $119,900 Active 45 DOM
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2026-06-05days on market $119,900 Active 42 DOM
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2026-06-03days on market $119,900 Active 41 DOM
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2026-06-02days on market $119,900 Active 40 DOM
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2026-06-01days on market $119,900 Active 39 DOM
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2026-05-31days on market $119,900 Active 38 DOM
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2026-05-04price $119,900 569-char remark
Show marketing remark (569 chars)
Attention investors. Cash Flow rental property that fits the 1 pct RULE! Awesome location tucked in around lots of newer homes and current builds in the 300/400k's! Also just Minutes from the HWY, Fiserv Forum and Downtown MKE. Currently rented at $1500 per month. Big ticket items like roof and windows are brand new and others have had recent updates (see list of updates). A great investment that allows you to sit back and collect a great cash flow and build equity in an area prime for more development. 24 hour notice for tenant but schedule your showing today.
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2026-04-30price $124,900 569-char remark
Show marketing remark (569 chars)
Attention investors. Cash Flow rental property that fits the 1 pct RULE! Awesome location tucked in around lots of newer homes and current builds in the 300/400k's! Also just Minutes from the HWY, Fiserv Forum and Downtown MKE. Currently rented at $1500 per month. Big ticket items like roof and windows are brand new and others have had recent updates (see list of updates). A great investment that allows you to sit back and collect a great cash flow and build equity in an area prime for more development. 24 hour notice for tenant but schedule your showing today.
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2026-04-23$129,900 Active 569-char remark
Show marketing remark (569 chars)
Attention investors. Cash Flow rental property that fits the 1 pct RULE! Awesome location tucked in around lots of newer homes and current builds in the 300/400k's! Also just Minutes from the HWY, Fiserv Forum and Downtown MKE. Currently rented at $1500 per month. Big ticket items like roof and windows are brand new and others have had recent updates (see list of updates). A great investment that allows you to sit back and collect a great cash flow and build equity in an area prime for more development. 24 hour notice for tenant but schedule your showing today.
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2025-07-21soldstatus $65,000
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2025-07-07soldstatus $65,000 Sold 64-char remark
Show marketing remark (64 chars)
Property being sold as is. Verbal lease and month to month rent.
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2025-04-24historical Contingent 64-char remark
Show marketing remark (64 chars)
Property being sold as is. Verbal lease and month to month rent.
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2025-04-14status Active 64-char remark
Show marketing remark (64 chars)
Property being sold as is. Verbal lease and month to month rent.
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2025-03-21historical Contingent 64-char remark
Show marketing remark (64 chars)
Property being sold as is. Verbal lease and month to month rent.
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2025-02-24$99,900 Active 64-char remark
Show marketing remark (64 chars)
Property being sold as is. Verbal lease and month to month rent.
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2020-07-08soldstatus $32,600 Sold
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2020-06-24historical Contingent
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2020-06-15price $35,000
ⓘ 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
- $1,438 · $120/mo
- Projected year-2 tax
- $1,644 · $137/mo
- Expected delta
- +$206/yr (+$17/mo · 14.3%)
ⓘ 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 2/10 Low 7 d/yr ≥98°F today · 13 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $17,999
- − Mortgage interest
- −$5,602
- − Property taxes
- −$1,438
- − Insurance
- −$500
- − Repairs & maintenance
- −$1,440
- − Management
- −$1,440
- − Depreciation
- −$2,909
- Taxable income
- $4,671
- Est. tax owed @ 24.0%
- −$1,121
- After-tax cash flow
- $4,867/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 · 9 photos
This property requires moderate repairs and maintenance, particularly in the kitchen and exterior. Painting the exterior and updating the bathrooms can significantly increase its value.
Repairs flagged
- Minor kitchen counters — Cluttered and needs organization.
- Minor bathroom fixtures — Dated and could be replaced for a fresh look.
- Moderate exterior paint — Siding shows signs of wear and discoloration.
Value-add opportunities
- Both Paint exterior — Fresh paint can improve curb appeal and increase both resale and rental value. ↑
- Both Replace dated bathroom fixtures — Upgrading fixtures can make the bathrooms more appealing and increase both resale and rental value. ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Milwaukee, WI
- County
- Milwaukee County · 995,758 people
- City population
- 573,768
- Metro
- Milwaukee-Waukesha, WI
- Population (ZIP)
- 9,265
- Household income
- $31,529
- Rent vs Own
- Severe rent burden
- 23% of renters
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 Black (80%)
- Race & ethnicity
- Black 80% Asian 7% White 6% Hispanic / Latino 6% Two or more races 3%
- Hispanic origin (detail)
- Mexican 4%
- Common ancestry
- Portuguese 1% Lithuanian 1% Swedish 1%
- Foreign-born
- 6% · Canada
- Languages at home
- 88% English-only · Other Asian/Pacific 5% Spanish 5%
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
- ▲ 3.02%
- Current HPI
- 363.0038
- Rent YoY
- —
- 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 |
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| Industrial Technology | 2 | $36B |
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| Insurance | 1 | $36B |
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| Professional Services | 1 | $19B |
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| Utilities | 1 | $9B |
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| Consumer Goods | 1 | $3B |
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Price history
+301.6% since first listed59 events — show timeline
- 2026-07-12 Listed $100,000 METROMLS
- 2026-06-27 Listing Removed — METROMLS
- 2026-05-04 Price Changed $119,900 METROMLS
- 2026-04-30 Price Changed $124,900 METROMLS
- 2026-04-23 Listed $129,900 METROMLS
- 2025-07-21 Sold (Public Records) $65,000 Public Records
- 2025-07-07 Sold (MLS) $65,000 METROMLS
- 2025-04-24 Contingent — METROMLS
- 2025-04-14 Relisted — METROMLS
- 2025-03-21 Contingent — METROMLS
- 2025-02-24 Listed $99,900 METROMLS
- 2020-07-08 Sold (MLS) $32,600 METROMLS
- 2020-06-24 Contingent — METROMLS
- 2020-06-15 Price Changed $35,000 METROMLS
- 2020-06-10 Price Changed $36,000 METROMLS
- 2020-06-01 Price Changed $37,000 METROMLS
- 2020-05-26 Price Changed $38,000 METROMLS
- 2020-05-19 Price Changed $39,000 METROMLS
- 2020-05-13 Price Changed $40,000 METROMLS
- 2020-05-04 Price Changed $40,900 METROMLS
- 2020-04-20 Price Changed $41,500 METROMLS
- 2020-04-14 Price Changed $42,000 METROMLS
- 2020-04-09 Listed $42,500 METROMLS
- 2020-04-08 Listing Removed — METROMLS
- 2020-04-06 Price Changed $36,500 METROMLS
- 2020-03-30 Price Changed $37,000 METROMLS
- 2020-03-23 Price Changed $37,500 METROMLS
- 2020-03-12 Price Changed $38,000 METROMLS
- 2020-03-02 Price Changed $39,000 METROMLS
- 2020-02-24 Price Changed $39,500 METROMLS
- 2020-02-10 Price Changed $40,000 METROMLS
- 2020-02-03 Price Changed $41,000 METROMLS
- 2020-01-27 Price Changed $42,000 METROMLS
- 2020-01-21 Price Changed $42,500 METROMLS
- 2020-01-13 Price Changed $43,000 METROMLS
- 2020-01-06 Price Changed $43,500 METROMLS
- 2019-12-16 Price Changed $44,000 METROMLS
- 2019-11-25 Price Changed $45,000 METROMLS
- 2019-10-29 Price Changed $45,500 METROMLS
- 2019-10-07 Price Changed $46,500 METROMLS
- 2019-09-25 Price Changed $47,500 METROMLS
- 2019-09-25 Relisted — METROMLS
- 2019-09-04 Contingent — METROMLS
- 2019-08-26 Price Changed $46,000 METROMLS
- 2019-08-08 Price Changed $47,000 METROMLS
- 2019-07-01 Price Changed $48,000 METROMLS
- 2019-06-18 Price Changed $49,000 METROMLS
- 2019-06-10 Price Changed $50,000 METROMLS
- 2019-06-03 Price Changed $51,000 METROMLS
- 2019-05-28 Price Changed $52,000 METROMLS
- 2019-05-20 Price Changed $53,000 METROMLS
- 2019-05-06 Price Changed $54,000 METROMLS
- 2019-05-01 Price Changed $55,000 METROMLS
- 2019-04-22 Price Changed $58,000 METROMLS
- 2019-04-16 Price Changed $59,000 METROMLS
- 2019-04-10 Listed $60,000 METROMLS
- 2018-09-10 Sold (MLS) $18,000 METROMLS
- 2018-08-14 Contingent — METROMLS
- 2018-08-11 Listed $24,900 METROMLS
Property tax history
+7.0%/yrLatest (2024): $1,438 · +13.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…