S12985 Lot 40 Shifflet Rd Rd · Spring Green, WI 53588

$95,000

3 bd · 2.0 ba · 1,200 sqft · SingleFamily · 8 Days on market

Built 2026 Good condition Est $118k · 19% 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 +25.8/30.0
• ARV discount +15.0/15.0
• DSCR +8.6/10.0
• 1% rule +6.8/10.0
• Condition / age +4.2/5.0
• Livability +3.7/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Brand new 2026 Clayton mobile home located in Spring Green Estates Manufactured Housing Community. This home is on the edge of the Village of Spring Green and close to all Spring Green and the surrounding area has to offer. Home has a master bed/bath and 2 other bedrooms and 1 bath. There is a deck on the front and back of the house. Bring your washer and dryer and enjoy the smell of ?new? when you move in!!

Key facts

• Deck on the front
• Deck on the back
• Built 2026

Tags

• DECK ON THE FRONT
• DECK ON THE BACK

Property features AI

Exterior

• Utilities: Private septic system; Community well available; Natural gas available
• Home design: Single-family home; One story; Located in a residential zone
• Construction: Low energy windows
• Exterior features: Deck; Vinyl exterior

Interior

• Kitchen: Range/oven; Refrigerator; Dishwasher
• Bedrooms: Master bedroom on main level (12 x 14); Second bedroom on main level (9 x 12); Third bedroom on main level (9 x 10)
• Bathrooms: Two full bathrooms; Master bedroom has a full bath; at least one tub
• Heating & cooling: Forced air heating; Central air conditioning; Natural gas heat
• Interior features: Kitchen island; No basement (slab)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $95k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $230 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).

Location & tenants

• Location reads 73/100 on livability (#195 in WI) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety D, amenities F, commute F.
• River Valley School District (rural): math 31% / reading 36% proficiency, ranked #237 of 342 in WI (top 69%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: River Valley Elementary (math 47% / reading 37%, grade F, #433 of 1,041 statewide, top 46%, 283 students, 38% FRL); River Valley High (math 37% / reading 47%, grade F, #74 of 483 statewide, top 18%, 389 students, 32% FRL).
• Market conditions: 70 active listings in the ZIP; 527 units permitted in Sauk County in 2024 (268 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $657 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $95,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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.
3. 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.
4. 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: 1.18% ✓
• Cap rate: 9.20%
• Cash-on-cash: 10.37%
• DSCR: 1.46
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $117,600
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
S13041 Shifflet Rd #117	0.15mi	2/2.0 (-1)	1,216 (+1%)	5mo	$83,000	$68	82
S13009 Shifflet Rd #56	0.16mi	3/2.0	1,216 (+1%)	22mo	$119,000	$98	72

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: -0.7%
• Equity multiple: 0.97×
• Total profit: $-736
• Equity at exit: $14,165

10-year hold

• IRR: 9.0%
• Equity multiple: 1.69×
• Total profit: $18,280
• Equity at exit: $8,214

Cash invested: $26,600 (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 53588

• Home prices YoY: -27.4%
• Active inventory: 70
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,122 medium
• Mortgage (P&I): −$498
• Tax est. 1.5%: −$119 /mo · $1,425/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$236
• Net cashflow: $230

Break-even live

Break-even rent $831

Max offer price $95,000

Occupancy floor 75%

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-06-18
   days on market $95,000 Active 8 DOM
2. 2026-06-17
   days on market $95,000 Active 7 DOM
3. 2026-06-16
   days on market $95,000 Active 6 DOM
4. 2026-06-15
   days on market $95,000 Active 5 DOM
5. 2026-06-15
   days on market $95,000 Active 4 DOM
6. 2026-06-13
   days on market $95,000 Active 3 DOM
7. 2026-06-12
   remarks 411-char remark
8. 2026-06-12
   listed $95,000 Active 2 DOM

ⓘ 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: $13,464
• − Mortgage interest: −$5,321
• − Property taxes: −$1,425
• − Insurance: −$475
• − Repairs & maintenance: −$1,077
• − Management: −$1,077
• − Depreciation: −$2,764
• Taxable income: $1,325
• Est. tax owed @ 24.0%: −$318
• After-tax cash flow: $2,441/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 85/100 None rehab

This home is a brand new 2026 Clayton mobile home in excellent condition. It has a clean and well-maintained exterior and interior, with no visible damage or wear. The home is located in a desirable community and is ready to move in.

Value-add opportunities

• Both Painting the exterior and interior walls — Painting the exterior and interior walls can improve the curb appeal and the overall appearance of the home, which can increase its resale and rental value.
• Both Landscaping the front yard — Landscaping the front yard can improve the curb appeal and the overall appearance of the home, which can increase its resale and rental value.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior and interior walls — Painting the exterior and interior walls can improve the curb appeal and the overall appearance of the home, which can increase its resale and rental value. ↑
• Both Landscaping the front yard — Landscaping the front yard can improve the curb appeal and the overall appearance of the home, which can increase its resale and rental 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: River Valley School District
• NCES district ID: 5514250
• Math proficiency: 31% ▼ -10.00%
• Reading proficiency: 36% ▼ -5.00%
• Median HH income: $54,443
• Composite: 29.52/100
• National rank: #6501
• State rank: #237 of 342 in WI

Livability — Spring Green

• Score: 73/100
• State rank: #195
• US rank: #5118

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 3,850

Population outlook (Sauk County) Hauer SSP2

• Today (2025): 66,065 people
• By 2030: 66,755 · +1.0%
• By 2040: 66,999 · +1.4%
• By 2050: 65,499 · -0.9%
• By 2075: 60,000 · -9.2%
• By 2100: 51,070 · -22.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 4% Asian 2%
• Common ancestry: Portuguese 10% Romanian 4% Italian 3%
• Foreign-born: 3% · Canada, South Korea
• Languages at home: 98% English-only · Other Asian/Pacific 1% Spanish 1%

Political lean MEDSL · Sauk

• 2024 margin: Toss-up / Even · D 48.4% · R 50.0% · Other 1.6%
• 2008→2024 swing: -23.2pp toward R · 2008: 21.6pp · 2024: -1.7pp
• All cycles: 2024: R+1.7 2020: D+1.7 2016: R+0.3 2012: D+18.5 2008: D+21.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -85.01%
• Current HPI: 224.6876
• 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

1 event — show timeline

• 2026-06-10 Listed $95,000 SCWMLS