6030 N 36th St · Milwaukee, WI 53209

$118,000

2 bd · 1.0 ba · 717 sqft · SingleFamily public records · 3 Days on market

Built 1950 7,405 sqft lot Est $108k · 9% over

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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 +22.2/30.0
• DSCR +7.1/10.0
• 1% rule +7.0/10.0
• Rent growth +4.7/5.0
• Livability +4.0/5.0
• ARV discount +3.5/15.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Dont miss out on this Truly Wonderful Opportunity to own a Completely Updated home. Walk in and appreciate the Brand New Kitchen, Gleaming Hardwood Floors, Updated Bathroom Fixtures, Updated Electrical Service. All this on a Spacious Oversized Lot! Add a Garage & Carport and you have a Careful Buyers Dream! Hurry!!

Key facts

• 7,405 sq ft lot
• Garage
• Built 1950

Property features AI

Finance

• Other: Appliances included: refrigerator, stove, washer and dryer

Exterior

• Parking: Detached 1-car garage; Carport
• Utilities: Municipal water; Municipal sewer; Natural gas
• Home design: Single-family, 1-story home; Lot approximately 0.17 acres (less than 1/2 acre); Subdivision: Fairfield; Zoning: RS6
• Construction: Aluminum / Aluminum or steel exterior
• Exterior features: Fenced yard; Sidewalks

Interior

• Kitchen: Kitchen on the main level, 9 x 13; Includes oven/range and refrigerator
• Bedrooms: Master bedroom on the main level, 10 x 12; Second bedroom on the main level, 8 x 10
• Bathrooms: One full bath with tub and shower over tub
• Heating & cooling: Forced air heating (natural gas)
• Interior features: Full basement; Living room (main level) measuring 14 x 15
• Laundry & utility: Washer and dryer included

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $118k.

Deal economics

• At list price, monthly cash flow is $192 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $118k).
• Cap rate 8.2% 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+, 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.
• Zoned schools: Thurston Woods Elementary (math 2% / reading 2%, grade F, #1,024 of 1,041 statewide, top 100%, 355 students, 94% FRL) — zoned schools average 94% FRL vs 77% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+8.6%/yr); 168 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,017 units permitted in Milwaukee County in 2024 (803 in 5+ unit buildings).
• This rent runs 35% 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 $816 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 $33k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $74k; list at $118k implies a 58% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $118,000

Questions for the listing agent

1. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 1.20% ✓
• Cap rate: 8.24%
• Cash-on-cash: 6.97%
• DSCR: 1.31
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $108,267
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5908 N 32nd St	0.27mi	2/1.0	720 (+0%)	1mo	$134,900	$187	85
6110 N 39th St	0.22mi	2/1.0	698 (-3%)	1mo	$76,000	$109	84
3805 W Kaul Ave	0.18mi	2/1.0	747 (+4%)	11mo	$109,900	$147	76
6115 N 37th St	0.15mi	2/1.0	676 (-6%)	14mo	$102,000	$151	72
5846 N 41st St	0.39mi	2/1.0	720 (+0%)	14mo	$50,000	$69	69
3819 W Douglas Ave	0.30mi	2/1.0	672 (-6%)	8mo	$92,000	$137	69
5915 N 38th St	0.22mi	3/1.0 (+1)	782 (+9%)	6mo	$65,000	$83	65
4228 W Newton Pl	0.55mi	2/1.0	672 (-6%)	3mo	$53,000	$79	62
5528 N 32nd St	0.69mi	2/1.0	748 (+4%)	8mo	$115,000	$154	54
5519 N 35th St	0.66mi	2/1.0	713 (-1%)	17mo	$114,900	$161	54
5738 N 38th St	0.37mi	2/1.0	820 (+14%)	6mo	$157,000	$191	54
4222 W Thurston Ave	0.58mi	2/1.0	781 (+9%)	12mo	$146,500	$188	48

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: 1.02×
• Total profit: $650
• Equity at exit: $17,594

10-year hold

• IRR: 15.1%
• Equity multiple: 2.53×
• Total profit: $50,621
• Equity at exit: $10,202

Cash invested: $33,040 (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: 168
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,412 medium
• Mortgage (P&I): −$619
• Tax from tax record: −$256 /mo · $3,067/yr
• Insurance: −$49
• HOA: −$0
• Vacancy / Maint / Mgmt: −$297
• Net cashflow: $192

Break-even live

Break-even rent $1,169

Max offer price $118,000

Occupancy floor 81%

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: $29,500
• Closing costs: $3,540
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6110 N 39th St Milwaukee, WI	2.0	1.0	703	$1,395	$1.98	4d	1	0.24mi
6600 N Sidney Pl Glendale, WI	1.0–2.0	1.0	800	$1,587	$1.98	3d	13	0.89mi

Listing history 4 events

1. 2026-06-18
   days on market $118,000 Active 3 DOM
2. 2026-06-17
   days on market $118,000 Active 2 DOM
3. 2026-06-16
   remarks 181-char remark
4. 2026-06-16
   listed $118,000 Active 1 DOM

ⓘ 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: $3,067 · $256/mo
• Projected year-2 tax: $3,067 · $256/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: $16,944
• − Mortgage interest: −$6,610
• − Property taxes: −$3,067
• − Insurance: −$590
• − Repairs & maintenance: −$1,355
• − Management: −$1,355
• − Depreciation: −$3,433
• Taxable income: $533
• Est. tax owed @ 24.0%: −$128
• After-tax cash flow: $2,175/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

+58.4% since first listed

3 events — show timeline

• 2026-06-15 Listed $118,000 METROMLS
• 2006-04-19 Sold (Public Records) $74,500 Public Records
• 2006-03-10 Sold (MLS) $74,500 METROMLS

Property tax history

+2.5%/yr

Latest (2024): $3,067 · +56.1% YoY. Source: county tax records.