1675 Kennedy Dr · Green Bay, WI 54304

$335,000

4 bd · 2.0 ba · 2,140 sqft · SingleFamily · 11 Days on market

Built 1974 0.41 ac lot Est $370k · 10% under

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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 +11.8/15.0
• DSCR +4.5/10.0
• 1% rule +3.8/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks

Wonderful opportunity to own a property that has been well cared for by the original owners for 52 years. Perfectly located in the John Muir Park neighborhood and convenient to shopping, schools, highways and of course historic Lambeau Field. Great overall functional square footage that even includes a beautiful 4 seasons room(heated by a pellet stove) that overlooks a fantastic backyard setting. There's even an 18X18 workshop located behind the garage for all of your project needs. Move to the outside and you will find 2 additional storage sheds that help support the fully landscaped and fenced yard. Roof was replaced in 2026. This property is being sold to settle an estate. 48 hours reque

Key facts

• 18x18 workshop
• 4 seasons room
• 0.41 acre lot

Tags

• JOHN MUIR PARK NEIGHBORHOOD
• 4 SEASONS ROOM
• FANTASTIC BACKYARD SETTING
• 18X18 WORKSHOP
• 2 ADDITIONAL STORAGE SHEDS
• FULLY LANDSCAPED YARD

Property features AI

Exterior

• Parking: Attached 2-car garage
• Utilities: Municipal water; Municipal sewer; Electrical service (standard); Natural gas
• Home design: Single-family home; 4+ levels; Construction completed; Located in a residential zone; Subdivision: Forest Glen Park
• Construction: Brick, brick/stone, and cedar exterior
• Exterior features: Deck; Wooded lot; Storage shed

Interior

• Kitchen: 19 x 11 kitchen; Refrigerator, Range/Oven, Dishwasher, Microwave, Lower level freezer
• Bedrooms: Primary bedroom on lower level (15 x 11); Three upstairs bedrooms (11 x 10; 11 x 10; 9 x 8)
• Bathrooms: Two full bathrooms
• Heating & cooling: Radiant heating; Wall A/C; Natural gas heating
• Interior features: Walk-in closets; Partially finished full basement with poured concrete, sump pump
• Laundry & utility: Washer and Dryer

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $335k.

Deal economics

• At list price, monthly cash flow is $86 ($1k/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 $295k (11.9% below list).
• Recommended offer: $295k (11.9% below list) — sets the bar for 1% rule.
• Cap rate 6.6% vs local median 3.2% in Green Bay — 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 71/100 on livability (#238 in WI) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: crime D, schools D-, commute F.
• Green Bay Area Public School District (urban): math 18% / reading 20% proficiency, ranked #333 of 342 in WI (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 84 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,585 units permitted in Brown County in 2024 (877 in 5+ unit buildings).
• At $2,951/mo this rent would consume 55% of the median local household income ($64k/yr) (locally 908% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Brown County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $295,124 (11.9% below list)

Questions for the listing agent

1. Built in 1974 — 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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is D 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?
5. 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?
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: 0.88% ✗
• Cap rate: 6.60%
• Cash-on-cash: 1.10%
• DSCR: 1.05
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $370,220
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1521 Careful Dr	0.35mi	4/2.0	2,144 (+0%)	3mo	$370,000	$173	80
1307 Blue Ridge Dr	0.32mi	4/2.5	2,112 (-1%)	6mo	$435,000	$206	76
1460 Woodmont Way	0.34mi	4/2.5	2,294 (+7%)	2mo	$445,000	$194	69
1288 Canterbury Rd	0.47mi	4/2.0	2,033 (-5%)	6mo	$370,000	$182	64
1512 Traeger St	0.37mi	3/2.0 (-1)	2,346 (+10%)	3mo	$369,900	$158	59
1217 Morris Ave	0.64mi	5/2.0 (+1)	2,080 (-3%)	4mo	$350,000	$168	57
2074 Bradbury Ln	0.50mi	4/2.5	2,360 (+10%)	5mo	$442,500	$188	54
1526 Rockdale St	0.55mi	3/2.0 (-1)	1,957 (-9%)	4mo	$324,900	$166	52
2070 West Point Ter	0.57mi	4/1.5	2,437 (+14%)	1mo	$310,000	$127	47
1779 9th St	0.63mi	4/2.0	1,858 (-13%)	5mo	$245,000	$132	44
1492 Langlade Ave	0.65mi	3/1.0 (-1)	2,380 (+11%)	2mo	$284,600	$120	40
1855 St Agnes Dr	0.74mi	5/3.0 (+1)	1,935 (-10%)	0mo	$640,000	$331	40

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -14.5%
• Equity multiple: 0.48×
• Total profit: $-48,792
• Equity at exit: $49,950

10-year hold

• IRR: -5.8%
• Equity multiple: 0.62×
• Total profit: $-35,411
• Equity at exit: $28,965

Cash invested: $93,800 (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 54304

• Home prices YoY: -34.3%
• Active inventory: 84
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $2,951 medium
• Mortgage (P&I): −$1,757
• Tax from tax record: −$349 /mo · $4,187/yr
• Insurance: −$140
• HOA: −$0
• Vacancy / Maint / Mgmt: −$620
• Net cashflow: $86

Break-even live

Break-even rent $2,842

Max offer price $335,000

Occupancy floor 92%

Sensitivity live

Price	-10% $276	-5% $181	+0% $86	+5% $-9	+10% $-103
Rent	-10% $-147	-5% $-30	+0% $86	+5% $203	+10% $319
Rate	-1.0pp $255	-0.5pp $171	base $86	+0.5pp $-1	+1.0pp $-89

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: $83,750
• Closing costs: $10,050
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1403 Beech Tree Dr Green Bay, WI	3.0	2.0	1600	$1,800	$1.12	14d	1	0.65mi
1071 Brookwood Dr Unit 1 Green Bay, WI	3.0	2.0	3000	$6,500	$2.17	44d	1	0.74mi

Listing history 10 events

1. 2026-06-21
   days on market $335,000 Active 11 DOM
2. 2026-06-19
   days on market $335,000 Active 9 DOM
3. 2026-06-18
   price $335,000 Active 8 DOM
4. 2026-06-18
   days on market $350,000 Active 8 DOM
5. 2026-06-17
   days on market $350,000 Active 7 DOM
6. 2026-06-16
   days on market $350,000 Active 6 DOM
7. 2026-06-15
   days on market $350,000 Active 5 DOM
8. 2026-06-14
   days on market $350,000 Active 3 DOM
9. 2026-06-13
   remarks 699-char remark
10. 2026-06-13
    listed $350,000 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: $4,187 · $349/mo
• Projected year-2 tax: $5,192 · $433/mo
• Expected delta: +$1,005/yr (+$84/mo · 24.0%)

ⓘ 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 1/10 Low 7 d/yr ≥96°F today · 12 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $35,415
• − Mortgage interest: −$18,765
• − Property taxes: −$4,187
• − Insurance: −$1,675
• − Repairs & maintenance: −$2,833
• − Management: −$2,833
• − Depreciation: −$9,745
• Taxable loss: −$4,624
• Est. tax savings @ 24.0%: +$1,110
• After-tax cash flow: $2,144/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: Green Bay Area Public School District
• NCES district ID: 5505820
• Math proficiency: 18% ▼ -13.00%
• Reading proficiency: 20% ▼ -8.00%
• Median HH income: $46,617
• Composite: 16.76/100
• National rank: #9160
• State rank: #333 of 342 in WI

Livability — Green Bay

• Score: 71/100
• State rank: #238
• US rank: #6377

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Green Bay, WI
• County: Brown County · 159,123 people
• City population: 86,988
• Metro: Green Bay, WI
• Population (ZIP): 28,502
• Household income: $63,865
• Rent vs Own: 42.6% rent · 57.4% own
• Severe rent burden: 908.0

Population outlook (Brown County) Hauer SSP2

• Today (2025): 277,484 people
• By 2030: 285,604 · +2.9%
• By 2040: 298,167 · +7.5%
• By 2050: 305,141 · +10.0%
• By 2075: 315,496 · +13.7%
• By 2100: 305,184 · +10.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Two or more races 11% Hispanic / Latino 10% Asian 5% Native American 5% Black 2%
• Hispanic origin (detail): Mexican 6% Puerto Rican 2%
• Common ancestry: Romanian 7% English 6% Lithuanian 4%
• Foreign-born: 5% · Canada, China
• Languages at home: 89% English-only · Spanish 6% Other Asian/Pacific 2% Other Indo-European 1%

Political lean MEDSL · Brown

• 2024 margin: Lean R (+7.5) · D 45.6% · R 53.1% · Other 1.3%
• 2008→2024 swing: -16.7pp toward R · 2008: 9.2pp · 2024: -7.5pp
• All cycles: 2024: R+7.5 2020: R+7.2 2016: R+10.8 2012: R+1.8 2008: D+9.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -143.27%
• Current HPI: 274.4544
• Rent YoY: —
• Metro: Green Bay, 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

1 event — show timeline

• 2026-06-09 Listed $350,000 RANW

Property tax history

+1.4%/yr

Latest (2025): $4,187 · +5.6% YoY. Source: county tax records.