3570 N 19th St · Milwaukee, WI 53206

$134,900

5 bd · 1.0 ba · 1,580 sqft · SingleFamily public records · 77 Days on market

Built 1915 3,920 sqft lot $85/sqft · 35% above area Est $100k · 35% over

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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 +29.5/30.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• 1% rule +8.6/10.0
• Rent growth +4.6/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

Spacious and income-producing, this large single-family home offers 6 generously sized bedrooms and 2 full bathrooms, making it an ideal investment opportunity. The property is currently rented at $1,700 per month, providing immediate cash flow. Inside, you'll find a recently renovated kitchen featuring updated finishes and modern functionality, along with refreshed bathrooms that add to the home's overall appeal. With ample living space and a flexible layout, this property accommodates a variety of living arrangements. Whether you're looking to expand your investment portfolio or secure a property with strong rental potential, this home delivers size, updates, and steady income all in one.

Key facts

• 3,920 sq ft lot
• Built 1915
• Listed 77 days

What this means for you Summary

Snapshot

• This is a 5-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $483 ($6k/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: $127k (6.0% below list) — sets the bar for market timing.
• Cap rate 10.6% 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 (+8.3%/yr); 150 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,017 units permitted in Milwaukee County in 2024 (803 in 5+ unit buildings).
• At $1,834/mo this rent would consume 75% of the median local household income ($29k/yr) (locally 2061% 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 $14k of equity ($933 loan paydown + $13k appreciation (10.0% local appreciation)).
• Milwaukee County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (10.0% appreciation + 8.0% rent growth), your $38k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 77 days — a 6% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 13y 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 $7k; list at $135k implies a 1827% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1915 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $126,806 (6.0% below list)

Questions for the listing agent

1. It's been on market 77 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1915 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 1.36% ✓
• Cap rate: 10.59%
• Cash-on-cash: 15.36%
• DSCR: 1.68
• GRM: 6.1

CMA / ARV

• ARV (median comp): $99,592
• List price: $134,900
• Delta: 35.45%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3700 N 14th St	0.33mi	5/2.0	1,611 (+2%)	2mo	$205,000	$127	76
3450 N 23rd St	0.33mi	4/2.0 (-1)	1,556 (-2%)	4mo	$135,000	$87	69
3558 N 11th St	0.49mi	5/1.5	1,656 (+5%)	5mo	$150,000	$91	63
3783 N 9th St	0.63mi	4/2.0 (-1)	1,562 (-1%)	2mo	$220,000	$141	58
4058 N 24th Pl	0.71mi	4/1.0 (-1)	1,561 (-1%)	3mo	$109,900	$70	57
3745 N 25th St	0.57mi	4/1.5 (-1)	1,635 (+4%)	5mo	$100,000	$61	57
3927 N 16th St	0.39mi	4/2.0 (-1)	1,755 (+11%)	4mo	$161,900	$92	51
4144 N 14th St	0.71mi	4/2.0 (-1)	1,617 (+2%)	5mo	$210,000	$130	50
3206 N 12th St	0.62mi	4/1.0 (-1)	1,710 (+8%)	3mo	$25,800	$15	50
3230 N 12th St	0.59mi	5/1.0	1,762 (+12%)	4mo	$140,000	$79	50
3024 N 20th St	0.66mi	4/1.0 (-1)	1,461 (-8%)	4mo	$68,000	$47	48
3003 N 20th St	0.70mi	4/1.0 (-1)	1,437 (-9%)	2mo	$93,000	$65	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 38.2%
• Equity multiple: 4.02×
• Total profit: $114,007
• Equity at exit: $121,529

10-year hold

• IRR: 34.8%
• Equity multiple: 9.89×
• Total profit: $335,630
• Equity at exit: $262,081

Cash invested: $37,772 (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 53206

• Rents YoY: 8.3%
• Active inventory: 150
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,834 high
• Mortgage (P&I): −$707
• Tax from tax record: −$202 /mo · $2,426/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$385
• Net cashflow: $483

Break-even live

Break-even rent $1,222

Max offer price $134,900

Occupancy floor 69%

Sensitivity live

Price	-10% $560	-5% $522	+0% $483	+5% $445	+10% $407
Rent	-10% $339	-5% $411	+0% $483	+5% $556	+10% $628
Rate	-1.0pp $551	-0.5pp $518	base $483	+0.5pp $449	+1.0pp $413

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: $33,725
• Closing costs: $4,047
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2116 W Atkinson Ave Unit A Milwaukee, WI	4.0	1.0	1707	$2,000	$1.17	2d	1	0.65mi
3388 N 27th St Unit 3388 Front House Milwaukee, WI	4.0	1.0	1212	$1,550	$1.28	4d	1	0.67mi
2704 W Concordia Ave Unit Na Milwaukee, WI	5.0	2.0	1856	$2,500	$1.35	24d	1	0.73mi
2308 W Clarke St Milwaukee, WI	4.0	2.0	1545	$1,750	$1.13	24d	1	1.22mi
223 E Burleigh St Unit 223 Milwaukee, WI	4.0	1.0	1153	$1,395	$1.21	44d	1	1.41mi

Listing history 28 events

1. 2026-06-18
   days on market $134,900 Active 77 DOM
2. 2026-06-17
   days on market $134,900 Active 76 DOM
3. 2026-06-16
   days on market $134,900 Active 75 DOM
4. 2026-06-15
   days on market $134,900 Active 74 DOM
5. 2026-06-13
   days on market $134,900 Active 72 DOM
6. 2026-06-13
   days on market $134,900 Active 71 DOM
7. 2026-06-09
   days on market $134,900 Active 68 DOM
8. 2026-06-08
   days on market $134,900 Active 67 DOM
9. 2026-06-07
   days on market $134,900 Active 66 DOM
10. 2026-06-05
    days on market $134,900 Active 63 DOM
11. 2026-06-03
    days on market $134,900 Active 62 DOM
12. 2026-06-02
    days on market $134,900 Active 61 DOM
13. 2026-06-01
    days on market $134,900 Active 60 DOM
14. 2026-05-31
    days on market $134,900 Active 59 DOM
15. 2026-04-27
    price $134,900 699-char remark

    Show marketing remark (699 chars)

    Spacious and income-producing, this large single-family home offers 6 generously sized bedrooms and 2 full bathrooms, making it an ideal investment opportunity. The property is currently rented at $1,700 per month, providing immediate cash flow. Inside, you'll find a recently renovated kitchen featuring updated finishes and modern functionality, along with refreshed bathrooms that add to the home's overall appeal. With ample living space and a flexible layout, this property accommodates a variety of living arrangements. Whether you're looking to expand your investment portfolio or secure a property with strong rental potential, this home delivers size, updates, and steady income all in one.

16. 2026-04-02
    listed $139,900 Active 699-char remark

    Show marketing remark (699 chars)

    Spacious and income-producing, this large single-family home offers 6 generously sized bedrooms and 2 full bathrooms, making it an ideal investment opportunity. The property is currently rented at $1,700 per month, providing immediate cash flow. Inside, you'll find a recently renovated kitchen featuring updated finishes and modern functionality, along with refreshed bathrooms that add to the home's overall appeal. With ample living space and a flexible layout, this property accommodates a variety of living arrangements. Whether you're looking to expand your investment portfolio or secure a property with strong rental potential, this home delivers size, updates, and steady income all in one.

17. 2022-05-18
    soldstatus $7,000 Sold 484-char remark

    Show marketing remark (484 chars)

    Single family home on Milwaukee's North Side! City Scope of Essential Work is $52,250. Total scope of work is $70,150. This property is being sold in AS-Is Condition. Bring flashlights & use caution when entering. City has Homebuyer Assistance program which provides up to $20,000 to assist w/ the rehab of City-owned foreclosed homes. See attached document or call for more details. Note: Room sizes are estimated. City of Milwaukee Tax Foreclosure Property. OPEN TO INVESTORS.

18. 2022-04-08
    status Pending 484-char remark

    Show marketing remark (484 chars)

    Single family home on Milwaukee's North Side! City Scope of Essential Work is $52,250. Total scope of work is $70,150. This property is being sold in AS-Is Condition. Bring flashlights & use caution when entering. City has Homebuyer Assistance program which provides up to $20,000 to assist w/ the rehab of City-owned foreclosed homes. See attached document or call for more details. Note: Room sizes are estimated. City of Milwaukee Tax Foreclosure Property. OPEN TO INVESTORS.

19. 2021-04-21
    price $7,087 484-char remark

    Show marketing remark (484 chars)

    Single family home on Milwaukee's North Side! City Scope of Essential Work is $52,250. Total scope of work is $70,150. This property is being sold in AS-Is Condition. Bring flashlights & use caution when entering. City has Homebuyer Assistance program which provides up to $20,000 to assist w/ the rehab of City-owned foreclosed homes. See attached document or call for more details. Note: Room sizes are estimated. City of Milwaukee Tax Foreclosure Property. OPEN TO INVESTORS.

20. 2020-12-15
    status Active 484-char remark

    Show marketing remark (484 chars)

    Single family home on Milwaukee's North Side! City Scope of Essential Work is $52,250. Total scope of work is $70,150. This property is being sold in AS-Is Condition. Bring flashlights & use caution when entering. City has Homebuyer Assistance program which provides up to $20,000 to assist w/ the rehab of City-owned foreclosed homes. See attached document or call for more details. Note: Room sizes are estimated. City of Milwaukee Tax Foreclosure Property. OPEN TO INVESTORS.

21. 2020-12-15
    historical 484-char remark

    Show marketing remark (484 chars)

    Single family home on Milwaukee's North Side! City Scope of Essential Work is $52,250. Total scope of work is $70,150. This property is being sold in AS-Is Condition. Bring flashlights & use caution when entering. City has Homebuyer Assistance program which provides up to $20,000 to assist w/ the rehab of City-owned foreclosed homes. See attached document or call for more details. Note: Room sizes are estimated. City of Milwaukee Tax Foreclosure Property. OPEN TO INVESTORS.

22. 2020-05-05
    price $9,450 484-char remark

    Show marketing remark (484 chars)

    Single family home on Milwaukee's North Side! City Scope of Essential Work is $52,250. Total scope of work is $70,150. This property is being sold in AS-Is Condition. Bring flashlights & use caution when entering. City has Homebuyer Assistance program which provides up to $20,000 to assist w/ the rehab of City-owned foreclosed homes. See attached document or call for more details. Note: Room sizes are estimated. City of Milwaukee Tax Foreclosure Property. OPEN TO INVESTORS.

23. 2019-09-17
    listed $15,750 Active 484-char remark

    Show marketing remark (484 chars)

    Single family home on Milwaukee's North Side! City Scope of Essential Work is $52,250. Total scope of work is $70,150. This property is being sold in AS-Is Condition. Bring flashlights & use caution when entering. City has Homebuyer Assistance program which provides up to $20,000 to assist w/ the rehab of City-owned foreclosed homes. See attached document or call for more details. Note: Room sizes are estimated. City of Milwaukee Tax Foreclosure Property. OPEN TO INVESTORS.

24. 2019-09-17
    historical

    Show marketing remark (484 chars)

    Single family home on Milwaukee's North Side! City Scope of Essential Work is $52,250. Total scope of work is $70,150. This property is being sold in AS-Is Condition. Bring flashlights & use caution when entering. City has Homebuyer Assistance program which provides up to $20,000 to assist w/ the rehab of City-owned foreclosed homes. See attached document or call for more details. Note: Room sizes are estimated. City of Milwaukee Tax Foreclosure Property. OPEN TO INVESTORS.

25. 2019-08-02
    listed $15,750 Active
26. 2013-02-09
    listed $7,500
27. 2013-02-09
    historical
28. 1998-11-13
    soldstatus $34,000

ⓘ 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: $2,426 · $202/mo
• Projected year-2 tax: $2,461 · $205/mo
• Expected delta: +$35/yr (+$3/mo · 1.4%)

ⓘ 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

Taxation est. · year 1

• Rental income: $22,014
• − Mortgage interest: −$7,556
• − Property taxes: −$2,426
• − Insurance: −$674
• − Repairs & maintenance: −$1,761
• − Management: −$1,761
• − Depreciation: −$3,924
• Taxable income: $3,911
• Est. tax owed @ 24.0%: −$939
• After-tax cash flow: $4,863/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): 19,887
• Household income: $29,336
• Rent vs Own: 67.8% rent · 32.2% own
• Severe rent burden: 2061.0

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 (91%)
• Race & ethnicity: Black 91% Two or more races 3% White 3% Hispanic / Latino 3%
• Common ancestry: Norwegian 1%
• Foreign-born: 1% · Canada
• Languages at home: 97% English-only · Spanish 2%

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: ▲ 133.03%
• Current HPI: 397.7151
• Rent YoY: ▲ 8.28%
• 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

+296.8% since first listed

14 events — show timeline

• 2026-04-27 Price Changed $134,900 METROMLS
• 2026-04-02 Listed $139,900 METROMLS
• 2022-05-18 Sold (MLS) $7,000 METROMLS
• 2022-04-08 Pending — METROMLS
• 2021-04-21 Price Changed $7,087 METROMLS
• 2020-12-15 Relisted — METROMLS
• 2020-12-15 Listing Removed — METROMLS
• 2020-05-05 Price Changed $9,450 METROMLS
• 2019-09-17 Listed $15,750 METROMLS
• 2019-09-17 Listing Removed — METROMLS
• 2019-08-02 Listed $15,750 METROMLS
• 2013-02-09 Listing Removed — METROMLS
• 2013-02-09 Listed $7,500 METROMLS
• 1998-11-13 Sold (Public Records) $34,000 Public Records

Property tax history

+2.4%/yr

Latest (2024): $2,426 · -54.3% YoY. Source: county tax records.