226 S Grant St · Ellsworth, WI 54011

$109,900

1 bd · None ba · 1,452 sqft · SingleFamily · 7 Days on market

Built 1945 8,712 sqft lot

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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 +20.8/30.0
• ARV discount +7.5/15.0
• DSCR +6.6/10.0
• 1% rule +5.4/10.0
• Schools +3.9/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Priced to sell and offered strictly as-is, this in-town investment property is ready for the right buyer to bring it back to life!! The main level has new floor trusses and subfloor. Home currently has no heating or plumbing systems in place. Cash Offers Only!

Key facts

• 8,712 sq ft lot
• Garage
• Built 1945

Property features AI

Exterior

• Parking: Gravel parking; Detached 1-car garage (12x20)
• Utilities: City water connected; City sewer connected; Natural gas; Electric with circuit breakers; Power provided by Pierce Pepin Cooperative Services
• Home design: Residential property, one story; Entry level includes main-level finished area
• Construction: Block foundation; Asphalt pitched roof
• Exterior features: Light tree coverage on the lot; Vinyl exterior

Interior

• Bedrooms: One bedroom
• Heating & cooling: No listed heating system; Central air conditioning
• Interior features: Full walkout basement with egress window(s)

What this means for you Summary

Snapshot

• This is a 1-bed/?-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $152 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).

Location & tenants

• Location reads 72/100 on livability (#237 in WI) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Ellsworth Community School District (town): math 44% / reading 43% proficiency, ranked #98 of 342 in WI (top 29%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 20% free/reduced lunch — higher-income household profile.
• Market conditions: 37 active listings in the ZIP; 191 units permitted in Pierce County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $760 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Pierce County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 9 sale attempts since 21y 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 $75k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1945 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $109,900

Questions for the listing agent

1. Built in 1945 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.04% ✓
• Cap rate: 7.95%
• Cash-on-cash: 5.91%
• DSCR: 1.26
• GRM: 8.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -7.2%
• Equity multiple: 0.74×
• Total profit: $-8,145
• Equity at exit: $16,386

10-year hold

• IRR: 2.4%
• Equity multiple: 1.17×
• Total profit: $5,380
• Equity at exit: $9,502

Cash invested: $30,772 (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 54011

• Home prices YoY: -32.1%
• Active inventory: 37
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,139 medium
• Mortgage (P&I): −$576
• Tax from tax record: −$126 /mo · $1,515/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$239
• Net cashflow: $152

Break-even live

Break-even rent $947

Max offer price $109,900

Occupancy floor 82%

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: $27,475
• Closing costs: $3,297
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-06-18
   days on market $109,900 Active 7 DOM
2. 2026-06-17
   days on market $109,900 Active 6 DOM
3. 2026-06-16
   days on market $109,900 Active 5 DOM
4. 2026-06-15
   days on market $109,900 Active 4 DOM
5. 2026-06-13
   remarks 261-char remark
6. 2026-06-13
   listed $109,900 Active 2 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: $1,515 · $126/mo
• Projected year-2 tax: $1,774 · $148/mo
• Expected delta: +$259/yr (+$22/mo · 17.1%)

ⓘ 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 1/10 Low 7 d/yr ≥98°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,670
• − Mortgage interest: −$6,156
• − Property taxes: −$1,515
• − Insurance: −$550
• − Repairs & maintenance: −$1,094
• − Management: −$1,094
• − Depreciation: −$3,197
• Taxable income: $65
• Est. tax owed @ 24.0%: −$16
• After-tax cash flow: $1,803/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: Ellsworth Community School District
• NCES district ID: 5504320
• Math proficiency: 44% ▼ -3.00%
• Reading proficiency: 43% ▼ -8.00%
• Median HH income: $64,712
• Composite: 38.81/100
• National rank: #4117
• State rank: #98 of 342 in WI

Livability — Ellsworth

• Score: 72/100
• State rank: #237
• US rank: #6270

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ellsworth, WI
• Population (ZIP): 6,910

Population outlook (Pierce County) Hauer SSP2

• Today (2025): 41,245 people
• By 2030: 40,340 · -2.2%
• By 2040: 37,649 · -8.7%
• By 2050: 34,595 · -16.1%
• By 2075: 29,067 · -29.5%
• By 2100: 25,183 · -38.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 5% Hispanic / Latino 5%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Portuguese 17% Romanian 3% Lithuanian 3%
• Foreign-born: 4% · Canada
• Languages at home: 93% English-only · Spanish 7%

Political lean MEDSL · Pierce

• 2024 margin: R (+16.8) · D 40.2% · R 56.9% · Other 2.9%
• 2008→2024 swing: -25.8pp toward R · 2008: 9.0pp · 2024: -16.8pp
• All cycles: 2024: R+16.8 2020: R+12.9 2016: R+13.7 2012: R+0.8 2008: D+9.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -100.16%
• Current HPI: 211.5913
• 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

+10.0% since first listed

22 events — show timeline

• 2026-06-11 Listed $109,900 NORTHSTARMLS as Distributed by MLS Grid
• 2026-06-11 Listed $109,900 RANWW
• 2014-11-24 Sold (Public Records) $75,000 Public Records
• 2014-11-14 Sold (MLS) $75,000 RASM
• 2014-11-14 Sold (MLS) $75,000 LSAR
• 2014-11-14 Sold (MLS) $75,000 NORTHSTARMLS as Distributed by MLS Grid
• 2014-10-07 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2014-09-04 Price Changed $75,000 NORTHSTARMLS as Distributed by MLS Grid
• 2014-07-16 Listed $79,000 NORTHSTARMLS as Distributed by MLS Grid
• 2014-07-10 Listed $75,000 RASM
• 2014-07-10 Listed $75,000 LSAR
• 2010-02-05 Sold (MLS) $54,000 NORTHSTARMLS as Distributed by MLS Grid
• 2010-01-26 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2009-02-02 Listed $59,900 NORTHSTARMLS as Distributed by MLS Grid
• 2007-10-17 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2007-10-08 Listed $109,900 NORTHSTARMLS as Distributed by MLS Grid
• 2006-03-29 Sold (Public Records) $95,000 Public Records
• 2006-03-28 Sold (MLS) $95,000 NORTHSTARMLS as Distributed by MLS Grid
• 2006-03-24 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2006-01-21 Listed $105,000 NORTHSTARMLS as Distributed by MLS Grid
• 2005-11-16 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2005-11-06 Listed $99,900 NORTHSTARMLS as Distributed by MLS Grid

Property tax history

+3.0%/yr

Latest (2025): $1,515 · +8.3% YoY. Source: county tax records.