N1543 Orchid Dr · Bloomfield, WI 53128

$199,900

1 bd · 1.0 ba · 570 sqft · Other · 9 Days on market

8,712 sqft lot

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Why this score? — see what drove the D 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 +14.7/30.0
• ARV discount +7.5/15.0
• DSCR +4.5/10.0
• 1% rule +3.4/10.0
• Livability +3.2/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cute & Cozy Starter or Rental Home!! Living room has cathedral ceiling, Large kitchen with an abundance of cabinets. All newer windows. Beautiful backyard with large deck and privacy. Other room can be used as a small office. New roof in 2007

Key facts

• Vaulted ceiling
• Open layout
• Updated kitchen

Tags

• REMODELED HOME
• OPEN LAYOUT
• SPACIOUS LIVING ROOM
• VAULTED CEILING
• UPDATED KITCHEN
• SEPARATE LAUNDRY ROOM

Property features AI

Exterior

• Utilities: Municipal water; Municipal sewer; Natural gas
• Home design: Single-family, 1 story; Estimated under 750 sq. ft.; Entry level: Main; Zoned residential
• Construction: Year built: Other (see remarks)
• Exterior features: Deck; Vinyl exterior; Garden shed; Wooded lot

Interior

• Kitchen: Microwave; Oven; Range; Refrigerator
• Bedrooms: Master bedroom on main level — 15 x 9
• Bathrooms: One full bath with shower stall
• Heating & cooling: Forced air heating (natural gas); Central air
• Interior features: Cathedral/vaulted ceilings; Walk-in closet(s)
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath other listed at $200k.

Deal economics

• At list price, monthly cash flow is $52 ($628/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $169k (15.5% below list).
• Recommended offer: $169k (15.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 64/100 on livability (#577 in WI) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety D-.
• Lake Geneva-Genoa City Uhs School District (town): math 27% / reading 35% proficiency, ranked #258 of 342 in WI (top 75%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Lake Geneva Middle (math 31% / reading 40%, grade F, #200 of 383 statewide, top 53%, 615 students, 40% FRL); Badger High (math 27% / reading 36%, grade F, #199 of 483 statewide, top 42%, 1,326 students, 34% FRL).
• Market conditions: 41 active listings in the ZIP; 474 units permitted in Walworth County in 2024 (77 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 18y 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 $68k; list at $200k implies a 194% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $168,882 (15.5% below list)

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. 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?
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
4. 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.
5. 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.
6. 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: 0.84% ✗
• Cap rate: 6.61%
• Cash-on-cash: 1.12%
• DSCR: 1.05
• GRM: 9.9

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: -14.5%
• Equity multiple: 0.48×
• Total profit: $-29,093
• Equity at exit: $29,806

10-year hold

• IRR: -5.9%
• Equity multiple: 0.62×
• Total profit: $-21,184
• Equity at exit: $17,284

Cash invested: $55,972 (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 53128

• Home prices YoY: -6.8%
• Active inventory: 41
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,689 medium
• Mortgage (P&I): −$1,048
• Tax from tax record: −$150 /mo · $1,803/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$355
• Net cashflow: $52

Break-even live

Break-even rent $1,623

Max offer price $199,900

Occupancy floor 92%

Sensitivity live

Price	-10% $166	-5% $109	+0% $52	+5% $-4	+10% $-61
Rent	-10% $-81	-5% $-14	+0% $52	+5% $119	+10% $186
Rate	-1.0pp $153	-0.5pp $103	base $52	+0.5pp $1	+1.0pp $-52

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-06-21
   days on market $199,900 Active 9 DOM
2. 2026-06-19
   days on market $199,900 Active 7 DOM
3. 2026-06-18
   days on market $199,900 Active 6 DOM
4. 2026-06-17
   days on market $199,900 Active 5 DOM
5. 2026-06-16
   days on market $199,900 Active 4 DOM
6. 2026-06-15
   days on market $199,900 Active 3 DOM
7. 2026-06-13
   remarks 683-char remark
8. 2026-06-13
   listed $199,900 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: $1,803 · $150/mo
• Projected year-2 tax: $2,750 · $229/mo
• Expected delta: +$948/yr (+$79/mo · 52.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 66% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥102°F today · 13 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,266
• − Mortgage interest: −$11,198
• − Property taxes: −$1,803
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,621
• − Management: −$1,621
• − Depreciation: −$5,815
• Taxable loss: −$2,792
• Est. tax savings @ 24.0%: +$670
• After-tax cash flow: $1,298/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: Lake Geneva-Genoa City Uhs School District
• NCES district ID: 5507650
• Math proficiency: 27% ▼ -5.00%
• Reading proficiency: 35% ▼ -4.00%
• Median HH income: $52,486
• Composite: 27.25/100
• National rank: #7013
• State rank: #258 of 342 in WI

Livability — Bloomfield

• Score: 64/100
• State rank: #577
• US rank: #14821

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bloomfield, WI
• City population: 8,985
• Population (ZIP): 8,985

Population outlook (Walworth County) Hauer SSP2

• Today (2025): 104,803 people
• By 2030: 105,459 · +0.6%
• By 2040: 104,991 · +0.2%
• By 2050: 102,207 · -2.5%
• By 2075: 97,177 · -7.3%
• By 2100: 89,043 · -15.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Hispanic / Latino 14% Two or more races 7%
• Hispanic origin (detail): Mexican 12% Cuban 2%
• Common ancestry: Romanian 9% Slovak 2% Iranian 2%
• Foreign-born: 6% · Canada
• Languages at home: 88% English-only · Spanish 10% Russian/Polish/Slavic 2%

Political lean MEDSL · Walworth

• 2024 margin: Strong R (+22.2) · D 38.3% · R 60.5% · Other 1.2%
• 2008→2024 swing: -19.6pp toward R · 2008: -2.6pp · 2024: -22.2pp
• All cycles: 2024: R+22.2 2020: R+19.2 2016: R+20.1 2012: R+12.4 2008: R+2.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -22.26%
• Current HPI: 307.4105
• 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

+194.0% since first listed

9 events — show timeline

• 2026-06-12 Listed $199,900 METROMLS
• 2013-02-06 Listed $99,000 METROMLS
• 2013-02-06 Listing Removed — METROMLS
• 2013-01-22 Listed $69,900 METROMLS
• 2013-01-22 Listing Removed — METROMLS
• 2009-02-26 Sold (Public Records) $68,000 Public Records
• 2009-02-23 Sold (MLS) $68,000 METROMLS
• 2008-09-28 Listing Removed — MRED as Distributed by MLS Grid
• 2008-03-06 Listed — MRED as Distributed by MLS Grid

Property tax history

+0.7%/yr

Latest (2025): $1,803 · +7.4% YoY. Source: county tax records.