8 Old Buck Ct · Lake Delton, WI 53913

$65,000

3 bd · 2.0 ba · 1,432 sqft · SingleFamily · 195 Days on market

Built 1991 Fair condition $45/sqft · 72% below area ↓ 40% since listing

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.9/5.0
• Schools +3.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Motivated Seller bring me an OFFER. . Affordable 3 bed, 2 bath single-wide mobile home in Deer Run Estates with an amazing Sunroom with a field of dreams view! Enjoy all the perks of community living?swim in the pool on hot summer days, host gatherings at the clubhouse or outdoor shelter, and have fun with horseshoe pits, a basketball court, and a playground for the kids. Located just minutes from all the attractions of Wisconsin Dells. Whether you're looking for a full-time residence or a vacation retreat, this one fits the bill. Lot rent is $600/month. All Buyers must be approved by Deer Run Estate prior to buying

Key facts

• Clubhouse
• Sunroom
• Basketball court

Tags

• SUNROOM
• POOL
• CLUBHOUSE
• OUTDOOR SHELTER
• HORSESHOE PITS
• BASKETBALL COURT

🏷️ Possibly a rental listed for sale. The $65,000 price doesn't fit this home's estimated sale value (~$235,994) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $65k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $781 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $65k).
• Recommended offer: $57k (12.0% below list) — sets the bar for market timing.
• Cap rate 20.7% vs local median 2.1% in Lake Delton — 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 77/100 on livability (#120 in WI, #3,121 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety D, commute F.
• Wisconsin Dells School District (town): math 44% / reading 40% proficiency, ranked #135 of 342 in WI (top 40%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 102 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 527 units permitted in Sauk County in 2024 (268 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $449 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 195 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.

Recommended offer $57,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 195 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
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. 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.
6. 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.
7. 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: 2.40% ✓
• Cap rate: 20.71%
• Cash-on-cash: 51.51%
• DSCR: 3.29
• GRM: 3.5

CMA / ARV

• ARV (median comp): $235,994
• List price: $65,000
• Delta: -72.46%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
118 Deer Path #118	0.27mi	2/2.0 (-1)	1,500 (+5%)	0mo	$142,000	$95	74
311 Alcan Dr	0.42mi	3/2.0	1,292 (-10%)	8mo	$462,000	$358	58
289 Mariealain Dr	0.51mi	2/2.0 (-1)	1,300 (-9%)	13mo	$362,300	$279	45
350 S Burritt Ave	0.53mi	3/1.5	1,625 (+14%)	24mo	$210,000	$129	31
S1788 White Birch Dr	0.66mi	2/1.5 (-1)	1,640 (+14%)	18mo	$300,000	$183	23

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: 49.4%
• Equity multiple: 3.16×
• Total profit: $39,245
• Equity at exit: $9,692

10-year hold

• IRR: 54.9%
• Equity multiple: 6.40×
• Total profit: $98,337
• Equity at exit: $5,620

Cash invested: $18,200 (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 53913

• Active inventory: 102
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $1,557 medium
• Mortgage (P&I): −$341
• Tax est. 1.5%: −$81 /mo · $975/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$327
• Net cashflow: $781

Break-even live

Break-even rent $569

Max offer price $65,000

Occupancy floor 45%

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
52 Fieldstone Dr Unit 115 Wisconsin Dells, WI	2.0	2.0	1130	$1,825	$1.62	23d	1	1.47mi

Listing history 18 events

1. 2026-06-17
   days on market $65,000 Active 195 DOM
2. 2026-06-16
   days on market $65,000 Active 194 DOM
3. 2026-06-15
   days on market $65,000 Active 193 DOM
4. 2026-06-14
   days on market $65,000 Active 191 DOM
5. 2026-06-12
   days on market $65,000 Active 190 DOM
6. 2026-06-09
   days on market $65,000 Active 187 DOM
7. 2026-06-08
   days on market $65,000 Active 186 DOM
8. 2026-06-07
   days on market $65,000 Active 185 DOM
9. 2026-06-05
   days on market $65,000 Active 182 DOM
10. 2026-06-03
    days on market $65,000 Active 181 DOM
11. 2026-06-02
    days on market $65,000 Active 180 DOM
12. 2026-06-01
    days on market $65,000 Active 179 DOM
13. 2026-05-31
    days on market $65,000 Active 178 DOM
14. 2026-05-30
    days on market $65,000 Active 177 DOM
15. 2026-05-12
    price $65,000 623-char remark

    Show marketing remark (623 chars)

    Motivated Seller bring me an OFFER. . Affordable 3 bed, 2 bath single-wide mobile home in Deer Run Estates with an amazing Sunroom with a field of dreams view! Enjoy all the perks of community living?swim in the pool on hot summer days, host gatherings at the clubhouse or outdoor shelter, and have fun with horseshoe pits, a basketball court, and a playground for the kids. Located just minutes from all the attractions of Wisconsin Dells. Whether you're looking for a full-time residence or a vacation retreat, this one fits the bill. Lot rent is $600/month. All Buyers must be approved by Deer Run Estate prior to buying

16. 2026-04-15
    price $89,000 623-char remark

    Show marketing remark (623 chars)

    Motivated Seller bring me an OFFER. . Affordable 3 bed, 2 bath single-wide mobile home in Deer Run Estates with an amazing Sunroom with a field of dreams view! Enjoy all the perks of community living?swim in the pool on hot summer days, host gatherings at the clubhouse or outdoor shelter, and have fun with horseshoe pits, a basketball court, and a playground for the kids. Located just minutes from all the attractions of Wisconsin Dells. Whether you're looking for a full-time residence or a vacation retreat, this one fits the bill. Lot rent is $600/month. All Buyers must be approved by Deer Run Estate prior to buying

17. 2026-01-13
    price $104,900 623-char remark

    Show marketing remark (623 chars)

    Motivated Seller bring me an OFFER. . Affordable 3 bed, 2 bath single-wide mobile home in Deer Run Estates with an amazing Sunroom with a field of dreams view! Enjoy all the perks of community living?swim in the pool on hot summer days, host gatherings at the clubhouse or outdoor shelter, and have fun with horseshoe pits, a basketball court, and a playground for the kids. Located just minutes from all the attractions of Wisconsin Dells. Whether you're looking for a full-time residence or a vacation retreat, this one fits the bill. Lot rent is $600/month. All Buyers must be approved by Deer Run Estate prior to buying

18. 2025-12-03
    listed $109,000 Active 623-char remark

    Show marketing remark (623 chars)

    Motivated Seller bring me an OFFER. . Affordable 3 bed, 2 bath single-wide mobile home in Deer Run Estates with an amazing Sunroom with a field of dreams view! Enjoy all the perks of community living?swim in the pool on hot summer days, host gatherings at the clubhouse or outdoor shelter, and have fun with horseshoe pits, a basketball court, and a playground for the kids. Located just minutes from all the attractions of Wisconsin Dells. Whether you're looking for a full-time residence or a vacation retreat, this one fits the bill. Lot rent is $600/month. All Buyers must be approved by Deer Run Estate prior to buying

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $18,690
• − Mortgage interest: −$3,641
• − Property taxes: −$975
• − Insurance: −$325
• − Repairs & maintenance: −$1,495
• − Management: −$1,495
• − Depreciation: −$1,891
• Taxable income: $8,867
• Est. tax owed @ 24.0%: −$2,128
• After-tax cash flow: $7,246/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This mobile home requires moderate repairs and maintenance to improve its condition and value. Painting the exterior and interior, and replacing the carpet will significantly enhance its curb appeal and value.

Repairs flagged

• Major exterior siding — Significant damage and wear
• Major interior walls — Worn wallpaper
• Major flooring — Worn carpet

Value-add opportunities

• Both Paint exterior — Enhances curb appeal and value
• Both Replace carpet — Improves comfort and value
• Both Paint interior walls — Enhances interior appearance and value

Renovation cost estimate screening

Repair item	Severity	Est. cost
exterior siding · Significant damage and wear	Major	$15,000–50,000
interior walls · Worn wallpaper	Major	$15,000–50,000
flooring · Worn carpet	Major	$15,000–50,000
Total estimated repair cost · 3 items		$45,000–150,000

Value-add ROI direction

• Both Paint exterior — Enhances curb appeal and value ↑
• Both Replace carpet — Improves comfort and value ↑
• Both Paint interior walls — Enhances interior appearance and value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Wisconsin Dells School District
• NCES district ID: 5517040
• Math proficiency: 44% ▼ -1.00%
• Reading proficiency: 40% ▲ 1.00%
• Median HH income: $47,233
• Composite: 35.91/100
• National rank: #4810
• State rank: #135 of 342 in WI

Livability — Lake Delton

• Score: 77/100
• State rank: #120
• US rank: #3121

Category grades

Amenities A 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: Lake Delton, WI
• County: Sauk County · 36,155 people
• Metro: Baraboo, WI
• Population (ZIP): 21,704
• Household income: $74,629
• Rent vs Own: 32.6% rent · 67.4% own
• Severe rent burden: 651.0

Population outlook (Sauk County) Hauer SSP2

• Today (2025): 66,065 people
• By 2030: 66,755 · +1.0%
• By 2040: 66,999 · +1.4%
• By 2050: 65,499 · -0.9%
• By 2075: 60,000 · -9.2%
• By 2100: 51,070 · -22.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Two or more races 5% Hispanic / Latino 4% Native American 1% Black 1%
• Common ancestry: Portuguese 8% Romanian 4% Slovak 3%
• Foreign-born: 3% · Canada, Jamaica
• Languages at home: 94% English-only · Spanish 3% Russian/Polish/Slavic 1% French/Haitian/Cajun 1%

Political lean MEDSL · Sauk

• 2024 margin: Toss-up / Even · D 48.4% · R 50.0% · Other 1.6%
• 2008→2024 swing: -23.2pp toward R · 2008: 21.6pp · 2024: -1.7pp
• All cycles: 2024: R+1.7 2020: D+1.7 2016: R+0.3 2012: D+18.5 2008: D+21.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -156.28%
• Current HPI: 195.5466
• Rent YoY: —
• Metro: Baraboo, 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

-40.4% since first listed

4 events — show timeline

• 2026-05-12 Price Changed $65,000 SCWMLS
• 2026-04-15 Price Changed $89,000 SCWMLS
• 2026-01-13 Price Changed $104,900 SCWMLS
• 2025-12-03 Listed $109,000 SCWMLS