5755 N 41st St · Milwaukee, WI 53209

$135,000

3 bd · 1.5 ba · 1,595 sqft · SingleFamily public records · 31 Days on market

Built 1951 9,583 sqft lot Est $196k · 31% under

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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 +21.2/30.0
• ARV discount +15.0/15.0
• 1% rule +7.1/10.0
• DSCR +6.7/10.0
• Rent growth +4.7/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks

Discover timeless elegance in this spacious two-story colonial-style stone home that masterfully blends classic charm with modern living. Boasting three sizable bedrooms and one and a half bathrooms, this residence provides ample room for comfortable family life. Relax by the natural fireplace in the warm and inviting living room, or entertain guests in the formal dining area adjacent to the eat-in kitchen. Convenience is key with a side driveway leading to a detached two-car garage, while the expansive private backyard offers the perfect setting for outdoor gatherings and peaceful relaxation. Don't miss your chance to own this beautiful home that truly has it all! Room sizes have been esti

Key facts

• Side driveway
• Natural fireplace
• Private backyard

Tags

• NATURAL FIREPLACE
• FORMAL DINING AREA
• EAT-IN KITCHEN
• PRIVATE BACKYARD
• SIDE DRIVEWAY
• DETACHED GARAGE

Property features AI

Exterior

• Parking: Detached 2-car garage
• Utilities: Municipal water; Municipal sewer
• Home design: Two-story single-family home; Lot under 1/2 acre (approximately 0.22 acre); Zoning RS6
• Construction: Assessor/public records list year built
• Exterior features: Brick, brick/stone and vinyl exterior

Interior

• Kitchen: Kitchen on the main level
• Bedrooms: Three bedrooms on the upper level (each about 10 x 10); Primary bedroom on the upper level (about 10 x 10)
• Bathrooms: One full bath; One half bath
• Heating & cooling: Forced air heating; Natural gas furnace
• Interior features: Cable/satellite available; High-speed internet
• Laundry & utility: Full basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $195 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $131k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.0% 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 fast (+8.6%/yr); 171 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 43% 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 40% of the median local income ($48k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• 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 + 8.0% rent growth), your $38k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $98k; 38% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 2.9% of price; built in 1951 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $130,950 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.21% ✓
• Cap rate: 8.02%
• Cash-on-cash: 6.18%
• DSCR: 1.27
• GRM: 6.9

CMA / ARV

• ARV (on-the-fly): $196,185
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4220 W Reichert Pl	0.18mi	3/1.0	1,693 (+6%)	2mo	$212,865	$126	77
3808 W Silver Spring Dr	0.28mi	3/2.5	1,568 (-2%)	5mo	$215,000	$137	76
5561 N 40th St	0.27mi	4/3.0 (+1)	1,586 (-1%)	6mo	$200,000	$126	70
5936 N 42nd St	0.21mi	4/2.0 (+1)	1,750 (+10%)	2mo	$220,000	$126	65
6153 N 39th St	0.53mi	3/1.5	1,532 (-4%)	7mo	$200,000	$131	62
5402 N 41st St	0.48mi	4/1.5 (+1)	1,522 (-5%)	4mo	$145,000	$95	61
6025 N 35th St	0.48mi	4/2.0 (+1)	1,505 (-6%)	2mo	$112,000	$74	60
6194 N 37th St	0.64mi	3/1.5	1,664 (+4%)	7mo	$112,000	$67	58
5460 N 37th St	0.48mi	3/1.0	1,436 (-10%)	2mo	$125,000	$87	57
5403 N 37th St	0.53mi	4/1.5 (+1)	1,498 (-6%)	4mo	$129,000	$86	57
5312 N 36th St	0.67mi	4/2.0 (+1)	1,638 (+3%)	1mo	$201,000	$123	57
5936 N 35th St	0.44mi	3/1.0	1,358 (-15%)	1mo	$163,000	$120	52

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -0.5%
• Equity multiple: 0.98×
• Total profit: $-758
• Equity at exit: $20,129

10-year hold

• IRR: 14.3%
• Equity multiple: 2.45×
• Total profit: $54,947
• Equity at exit: $11,672

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 53209

• Rents YoY: 8.6%
• Active inventory: 171
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,628 high
• Mortgage (P&I): −$708
• Tax from tax record: −$327 /mo · $3,926/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$342
• Net cashflow: $195

Break-even live

Break-even rent $1,381

Max offer price $135,000

Occupancy floor 83%

Sensitivity live

Price	-10% $271	-5% $233	+0% $195	+5% $156	+10% $118
Rent	-10% $66	-5% $130	+0% $195	+5% $259	+10% $323
Rate	-1.0pp $263	-0.5pp $229	base $195	+0.5pp $160	+1.0pp $124

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 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3931 W Kaul Ave Milwaukee, WI	3.0	1.0	1400	$1,695	$1.21	45d	1	0.41mi
5884 N 35th St Milwaukee, WI	2.0	1.0	1200	$1,500	$1.25	45d	1	0.43mi
5541 N 35th St #5543 Milwaukee, WI	3.0	1.0	1130	$1,195	$1.06	5d	1	0.49mi
4334 W Eggert Pl Milwaukee, WI	4.0	1.0	1077	$1,695	$1.57	25d	1	0.84mi
4340 W Eggert Pl Milwaukee, WI	4.0	1.0	1066	$1,695	$1.59	25d	1	0.84mi
5050 N 47th St Milwaukee, WI	2.0	1.0	1092	$1,700	$1.56	45d	1	1.00mi
5073 N 48th St Milwaukee, WI	4.0	1.0	1152	$1,595	$1.38	16d	1	1.01mi
5032 N 32nd St Milwaukee, WI	3.0	2.0	1089	$1,750	$1.61	14d	1	1.13mi
6046 N 61st St Unit 1 Milwaukee, WI	3.0	1.0	1200	$1,345	$1.12	25d	1	1.20mi
6046 N 61st St Unit 2 Milwaukee, WI	3.0	1.0	1250	$1,395	$1.12	45d	1	1.20mi
6762 N 52nd St Milwaukee, WI	2.0	2.0	1309	$1,500	$1.15	16d	1	1.37mi
5659 N 64th St Unit 5659A Milwaukee, WI	2.0	1.0	1091	$1,300	$1.19	45d	1	1.39mi
4702 N 44th St Milwaukee, WI	3.0	2.0	1050	$1,850	$1.76	45d	1	1.41mi
2225 W Mill Rd Glendale, WI	4.0	2.0	1945	$2,495	$1.28	25d	1	1.44mi

Listing history 18 events

1. 2026-06-21
   days on market $135,000 Active 31 DOM
2. 2026-06-18
   days on market $135,000 Active 28 DOM
3. 2026-06-17
   days on market $135,000 Active 27 DOM
4. 2026-06-16
   days on market $135,000 Active 26 DOM
5. 2026-06-15
   days on market $135,000 Active 25 DOM
6. 2026-06-13
   days on market $135,000 Active 23 DOM
7. 2026-06-13
   days on market $135,000 Active 22 DOM
8. 2026-06-09
   days on market $135,000 Active 19 DOM
9. 2026-06-08
   days on market $135,000 Active 18 DOM
10. 2026-06-07
    days on market $135,000 Active 17 DOM
11. 2026-06-05
    days on market $135,000 Active 14 DOM
12. 2026-06-03
    days on market $135,000 Active 13 DOM
13. 2026-06-02
    days on market $135,000 Active 12 DOM
14. 2026-06-01
    days on market $135,000 Active 11 DOM
15. 2026-05-31
    days on market $135,000 Active 10 DOM
16. 2026-05-21
    listed $135,000 Active
17. 2007-10-15
    soldstatus $98,000
18. 2007-09-25
    soldstatus $98,000

ⓘ 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: $3,926 · $327/mo
• Projected year-2 tax: $3,926 · $327/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 ≥98°F today · 13 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,534
• − Mortgage interest: −$7,562
• − Property taxes: −$3,926
• − Insurance: −$675
• − Repairs & maintenance: −$1,563
• − Management: −$1,563
• − Depreciation: −$3,927
• Taxable income: $318
• Est. tax owed @ 24.0%: −$76
• After-tax cash flow: $2,259/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): 45,170
• Household income: $48,486
• Rent vs Own: 56.2% rent · 43.8% own
• Severe rent burden: 3390.0

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 Black (66%)
• Race & ethnicity: Black 66% White 22% Hispanic / Latino 5% Two or more races 5% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Romanian 3% Portuguese 1% Iranian 1%
• Foreign-born: 3% · Canada
• Languages at home: 92% English-only · Spanish 4% Other Asian/Pacific 1% Russian/Polish/Slavic 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: ▼ -194.98%
• Current HPI: 172.4275
• Rent YoY: ▲ 8.61%
• 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

+37.8% since first listed

3 events — show timeline

• 2026-05-21 Listed $135,000 METROMLS
• 2007-10-15 Sold (Public Records) $98,000 Public Records
• 2007-09-25 Sold (MLS) $98,000 METROMLS

Property tax history

+2.7%/yr

Latest (2024): $3,926 · +12.6% YoY. Source: county tax records.