3244 N 30th St · Milwaukee, WI 53216

$119,500

3 bd · 1.0 ba · 1,044 sqft · SingleFamily public records · 48 Days on market

Built 1908 3,920 sqft lot $114/sqft · 78% above area

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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 +24.8/30.0
• DSCR +8.1/10.0
• ARV discount +7.5/15.0
• Appreciation +5.7/10.0
• 1% rule +5.3/10.0
• Rent growth +4.3/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0

Listing remarks

Charming 3-bedroom home with a clean, move-in-ready feel and a bright, refreshed interior. The property features attractive hardwood floors on the main level, spacious living areas, a refreshed kitchen with modern finishes and appliances, an updated bath, and generous upper-level bedroom space with additional storage. Large windows bring in great natural light, while the classic exterior adds curb appeal and functional charm.

Key facts

• Large windows
• Updated bath
• Classic exterior

Tags

• HARDWOOD FLOORS
• REFRESHED KITCHEN
• UPDATED BATH
• LARGE WINDOWS
• CLASSIC EXTERIOR

Property features AI

Exterior

• Utilities: Municipal water; Municipal sewer; Natural gas available
• Home design: 2-story single-family home; Estimated finished above-grade living area in the 1001–1250 sq ft range
• Construction: Information source lists year built in assessor/public record
• Exterior features: Vinyl exterior; Lot under 1/2 acre (approx. 0.09 acre); Located in the Forest Park subdivision

Interior

• Kitchen: 12 x 11 kitchen; Oven; Refrigerator
• Bedrooms: Master bedroom (Upper) — 14 x 10; Bedroom 2 (Upper) — 11 x 9; Bedroom 3 (Main) — 10 x 9
• Bathrooms: Master bedroom bath; 1 full bath
• Heating & cooling: Forced air heating (natural gas)
• Interior features: Full basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $254 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Recommended offer: $116k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.8% 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: Auer Avenue Elementary (math 5% / reading 5%, grade F, #968 of 1,041 statewide, top 98%, 160 students, 94% FRL); Whs Information Technology (math 5% / reading 5%, grade F, #467 of 483 statewide, top 100%, 417 students, 85% FRL).
• Market conditions: Rents rising fast (+7.0%/yr); 130 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 1,017 units permitted in Milwaukee County in 2024 (803 in 5+ unit buildings).
• This rent runs 32% of the median local income ($47k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $2k of equity ($826 loan paydown + $2k appreciation (1.3% local appreciation)).
• Milwaukee County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (1.3% appreciation + 7.0% rent growth), your $33k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 48 days — a 3% lower offer ($116k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $8k; list at $120k implies a 1493% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1908 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $115,915 (3.0% below list)

Questions for the listing agent

1. It's been on market 48 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 1908 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.03% ✓
• Cap rate: 8.84%
• Cash-on-cash: 9.10%
• DSCR: 1.41
• GRM: 8.1

CMA / ARV

• ARV (median comp): $67,318
• List price: $119,500
• Delta: 77.52%
• 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
3342 N 24th St	0.47mi	2/1.0 (-1)	1,062 (+2%)	3mo	$115,000	$108	68
3252 N 40th St	0.61mi	2/1.0 (-1)	1,042 (-0%)	5mo	$70,000	$67	62
3144 N 38th St	0.51mi	2/1.0 (-1)	1,090 (+4%)	4mo	$120,000	$110	60
2920 N 22nd St	0.71mi	3/1.0	1,118 (+7%)	2mo	$105,000	$94	54
3221 N 38th St	0.53mi	3/1.0	1,174 (+12%)	3mo	$75,000	$64	52
3429 N 41st St	0.75mi	2/1.0 (-1)	1,087 (+4%)	4mo	$151,000	$139	50
3448 N 41st St	0.73mi	3/2.0	1,104 (+6%)	6mo	$233,000	$211	47
3843 N 25th St	0.69mi	2/1.0 (-1)	1,110 (+6%)	9mo	$125,000	$113	45
3047 N 22nd St	0.60mi	2/1.0 (-1)	898 (-14%)	1mo	$26,000	$29	43
3828 N 26th St	0.66mi	3/1.0	1,177 (+13%)	7mo	$25,000	$21	42
3717 N 27th St	0.52mi	2/1.0 (-1)	912 (-13%)	9mo	$51,500	$56	42
2745 N 33rd St	0.67mi	3/2.0	1,200 (+15%)	9mo	$120,000	$100	32

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

Projected returns pro-forma

1.33% appreciation · 7.01% rent growth · sell at horizon

5-year hold

• IRR: 14.3%
• Equity multiple: 1.76×
• Total profit: $25,474
• Equity at exit: $42,850

10-year hold

• IRR: 19.7%
• Equity multiple: 3.71×
• Total profit: $90,787
• Equity at exit: $58,568

Cash invested: $33,460 (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 53216

• Home prices YoY: 0.3%
• Rents YoY: 7.0%
• Active inventory: 130
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,236 high
• Mortgage (P&I): −$627
• Tax from tax record: −$46 /mo · $550/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$259
• Net cashflow: $254

Break-even live

Break-even rent $914

Max offer price $119,500

Occupancy floor 74%

Sensitivity live

Price	-10% $321	-5% $288	+0% $254	+5% $220	+10% $186
Rent	-10% $156	-5% $205	+0% $254	+5% $303	+10% $351
Rate	-1.0pp $314	-0.5pp $284	base $254	+0.5pp $223	+1.0pp $191

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: $29,875
• Closing costs: $3,585
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2821 W Concordia Ave Milwaukee, WI	3.0	1.5	1098	$1,595	$1.45	3d	1	0.11mi
3347 N 29th St Unit 3347A Milwaukee, WI	2.0	1.0	950	$845	$0.89	16d	1	0.16mi
3124 N 33rd St Milwaukee, WI	2.0	1.0	1200	$1,200	$1.00	45d	1	0.25mi
3388 N 27th St Unit 3388 Front House Milwaukee, WI	4.0	1.0	1212	$1,550	$1.28	6d	1	0.29mi
2931 W Chambers St Milwaukee, WI	2.0	1.0	1400	$1,050	$0.75	25d	1	0.33mi
3039 N 24th Pl Unit 3039 Milwaukee, WI	2.0	1.0	800	$995	$1.24	18d	1	0.44mi
2870 N 29th St #2872 Milwaukee, WI	3.0	1.0	1300	$1,250	$0.96	45d	1	0.47mi
3148 N 39th St Milwaukee, WI	2.0	1.0	1100	$1,100	$1.00	45d	1	0.55mi
3148 N 39th St Unit 1 Milwaukee, WI	2.0	1.0	1000	$1,100	$1.10	16d	1	0.56mi
3410 N 23rd St Milwaukee, WI	2.0	1.0	800	$800	$1.00	19d	1	0.57mi
2945 N 23rd St Milwaukee, WI	3.0	1.0	1014	$1,195	$1.18	45d	1	0.62mi
3630 W Nash St Milwaukee, WI	2.0	1.0	1000	$1,200	$1.20	25d	1	0.62mi
2765 N 26th St Unit 1 Milwaukee, WI	3.0	1.0	1125	$1,200	$1.07	6d	1	0.64mi
2765 N 26th St Unit 2 Milwaukee, WI	2.0	1.0	1100	$1,100	$1.00	6d	1	0.64mi
2517 W Hadley St Milwaukee, WI	2.0	1.0	850	$1,050	$1.24	16d	1	0.65mi
3214 N 41st St Milwaukee, WI	2.0	1.0	900	$1,250	$1.39	45d	1	0.67mi
3901 N 27th St Unit 3907 Milwaukee, WI	2.0	1.0	715	$895	$1.25	25d	1	0.70mi
3100 W Center St Milwaukee, WI	3.0	2.0	1174	$1,531	$1.30	3d	1	0.70mi
2106A W Keefe Ave Unit 2106 Lower Milwaukee, WI	3.0	1.0	1300	$1,100	$0.85	19d	1	0.70mi
3122 N 42nd St Milwaukee, WI	3.0	1.0	1323	$1,495	$1.13	6d	1	0.74mi
3606 N 41st St Unit 3608 Milwaukee, WI	2.0	1.0	1095	$975	$0.89	45d	1	0.76mi
3871-3873 N 36th St Unit 3871 Milwaukee, WI	2.0	1.0	987	$950	$0.96	25d	1	0.76mi
3123 N 42nd St Milwaukee, WI	4.0	1.0	1500	$1,700	$1.13	25d	1	0.77mi
2741 N 23rd St Unit 2 Milwaukee, WI	3.0	1.0	1000	$1,100	$1.10	19d	1	0.80mi
2741 N 23rd St Milwaukee, WI	3.0	1.0	900	$1,050	$1.17	16d	1	0.80mi
2809 W Clarke St Unit 12811 Milwaukee, WI	3.0	1.0	1400	$1,200	$0.86	19d	1	0.85mi
2706 N 39th St Unit 2706 Milwaukee, WI	2.0	1.0	866	$845	$0.98	45d	1	0.88mi
3340 N 44th St Milwaukee, WI	2.0	1.0	900	$1,295	$1.44	14d	1	0.88mi
2630 N 24th St Milwaukee, WI	2.0	1.0	934	$1,450	$1.55	21d	1	0.89mi
2530 N 28th St Unit 2530 Lower Milwaukee, WI	2.0	1.0	764	$995	$1.30	16d	1	0.91mi
2955 N 17th St Unit B UPSTAIRS Milwaukee, WI	2.0	1.0	1000	$900	$0.90	19d	1	0.91mi
4409 W Burleigh St Apt 1 Milwaukee, WI	2.0	1.0	800	$795	$0.99	6d	1	0.94mi
2550 N 36th St Unit 2550A Upper Milwaukee, WI	2.0	1.0	711	$845	$1.19	25d	1	0.95mi
3646 N 19th St Milwaukee, WI	2.0	1.0	935	$1,100	$1.18	6d	1	0.96mi
3416 N 17th St Unit 1 Milwaukee, WI	3.0	1.0	1200	$1,100	$0.92	45d	1	0.98mi
3911 N 20th St Unit 3913 Milwaukee, WI	2.0	1.0	950	$995	$1.05	25d	1	0.99mi
2530 N 37th St Milwaukee, WI	2.0	1.0	1037	$1,000	$0.96	16d	1	1.00mi
3925 N 42nd St Milwaukee, WI	2.0	1.0	985	$1,400	$1.42	25d	1	1.04mi
3925 N 42nd St Milwaukee, WI	3.0	1.0	1300	$1,675	$1.29	45d	1	1.04mi
3890 N Sherman Blvd Milwaukee, WI	2.0	1.0	950	$1,100	$1.16	14d	1	1.05mi

Listing history 17 events

1. 2026-06-21
   days on market $119,500 Active 48 DOM
2. 2026-06-18
   days on market $119,500 Active 45 DOM
3. 2026-06-17
   days on market $119,500 Active 44 DOM
4. 2026-06-16
   days on market $119,500 Active 43 DOM
5. 2026-06-15
   days on market $119,500 Active 42 DOM
6. 2026-06-13
   days on market $119,500 Active 40 DOM
7. 2026-06-13
   days on market $119,500 Active 39 DOM
8. 2026-06-09
   days on market $119,500 Active 36 DOM
9. 2026-06-08
   days on market $119,500 Active 35 DOM
10. 2026-06-07
    days on market $119,500 Active 34 DOM
11. 2026-06-05
    days on market $119,500 Active 31 DOM
12. 2026-06-03
    days on market $119,500 Active 30 DOM
13. 2026-06-02
    days on market $119,500 Active 29 DOM
14. 2026-06-01
    days on market $119,500 Active 28 DOM
15. 2026-05-31
    days on market $119,500 Active 27 DOM
16. 2026-05-04
    listed $129,900 Active 429-char remark
17. 1992-01-01
    soldstatus $7,500

ⓘ 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: $550 · $46/mo
• Projected year-2 tax: $1,381 · $115/mo
• Expected delta: +$830/yr (+$69/mo · 150.9%)

ⓘ 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: $14,828
• − Mortgage interest: −$6,694
• − Property taxes: −$550
• − Insurance: −$598
• − Repairs & maintenance: −$1,186
• − Management: −$1,186
• − Depreciation: −$3,476
• Taxable income: $1,137
• Est. tax owed @ 24.0%: −$273
• After-tax cash flow: $2,773/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): 30,345
• Household income: $46,752
• Rent vs Own: 52.7% rent · 47.3% own
• Severe rent burden: 2202.0

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 (81%)
• Race & ethnicity: Black 81% White 9% Hispanic / Latino 5% Two or more races 5% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Romanian 1%
• Foreign-born: 3% · Canada, Philippines, China
• Languages at home: 93% English-only · Spanish 4% Other Asian/Pacific 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: ▲ 1.33%
• Current HPI: 381.0954
• Rent YoY: ▲ 7.01%
• 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

+1493.3% since first listed

3 events — show timeline

• 2026-05-21 Price Changed $119,500 METROMLS
• 2026-05-04 Listed $129,900 METROMLS
• 1992-01-01 Sold (Public Records) $7,500 Public Records

Property tax history

-11.7%/yr

Latest (2024): $550 · -52.0% YoY. Source: county tax records.