904 Moore Lot 469 St #469 · Baraboo, WI 53913

$44,900

3 bd · 1.0 ba · 1,120 sqft · SingleFamily · 23 Days on market

Built 1998

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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 +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Excellent opportunity to own this remodeled and well-maintained 3-bedroom, 1-bath home in Blackhawk Manor. Featuring a new roof, new flooring, and brand-new appliances, this home is move-in ready. Enjoy the covered porch, plus an additional building that offers plenty of storage. Priced to sell?schedule your showing today! Lot Rent is $750 per month. Can be moved to a different location as well. At buyer's expense.

Key facts

• Covered porch
• Plenty of storage
• New flooring

Tags

• NEW ROOF
• NEW FLOORING
• BRAND-NEW APPLIANCES
• COVERED PORCH
• ADDITIONAL BUILDING
• PLENTY OF STORAGE

Property features AI

Finance

• Other: Estimated finished above-grade living area about 1,120; Estimated total living area range 1,001–1,250

Exterior

• Utilities: Municipal water; Municipal sewer; Natural gas available
• Home design: Single-family home; One story; Builder-listed year built
• Construction: Vinyl siding
• Exterior features: Deck; Vinyl exterior; Subdivision: Blackhawk Manor; Zoned residential

Interior

• Kitchen: Range/oven; Refrigerator; Breakfast bar
• Bedrooms: Main-level primary bedroom (14 x 12); Two additional main-level bedrooms (each 10 x 11)
• Bathrooms: One full bathroom; No primary ensuite
• Heating & cooling: Forced air heating; Central air conditioning; Natural gas heat
• Interior features: High speed internet
• Laundry & utility: Washer; Dryer; Storage shed (included)

🏷️ Possibly a rental listed for sale. The $44,900 price doesn't fit this home's estimated sale value (~$231,840) 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/1.0-bath single-family listed at $45k.

Deal economics

• At list price, monthly cash flow is $962 ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $45k).
• Recommended offer: $44k (1.5% below list) — sets the bar for market timing.
• Cap rate 32.0% vs local median 2.4% in Baraboo — 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 (#118 in WI, #3,059 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D, commute F.
• Baraboo School District (town): math 34% / reading 35% proficiency, ranked #232 of 342 in WI (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Baraboo High (math 31% / reading 31%, grade F, #204 of 483 statewide, top 43%, 917 students, 42% FRL) — zoned schools at 42% FRL track the district average.
• Market conditions: 102 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $310 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $13k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($44k) is reasonable based on typical stale-listing flexibility.

Recommended offer $44,226 (1.5% 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. 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.
3. 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.
4. 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: 3.59% ✓
• Cap rate: 32.00%
• Cash-on-cash: 91.82%
• DSCR: 5.09
• GRM: 2.3

CMA / ARV

• ARV (on-the-fly): $231,840
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
527 Badger Dr	0.59mi	2/1.5 (-1)	1,000 (-11%)	1mo	$167,500	$168	47
426 Badger Dr	0.68mi	3/1.0	1,032 (-8%)	23mo	$224,900	$218	36
414 Badger Dr	0.68mi	2/1.0 (-1)	1,014 (-10%)	22mo	$210,000	$207	29
202 Badger Dr	0.68mi	2/1.0 (-1)	952 (-15%)	11mo	$180,000	$189	29

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: 92.6%
• Equity multiple: 5.30×
• Total profit: $54,016
• Equity at exit: $6,695

10-year hold

• IRR: 95.4%
• Equity multiple: 11.02×
• Total profit: $126,027
• Equity at exit: $3,882

Cash invested: $12,572 (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: 2.3×

Monthly cashflow live

• Estimated rent: $1,610 medium
• Mortgage (P&I): −$235
• Tax est. 1.5%: −$56 /mo · $674/yr
• Insurance: −$19
• HOA: −$0
• Vacancy / Maint / Mgmt: −$338
• Net cashflow: $962

Break-even live

Break-even rent $393

Max offer price $44,900

Occupancy floor 35%

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: $11,225
• Closing costs: $1,347
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
915 Ellis Ave Baraboo, WI	1.0–2.0	1.0–2.0	1010	$1,850	$1.83	14d	4	0.80mi
1101 Silver Dr Baraboo, WI	1.0–3.0	1.0	950	$1,399	$1.47	14d	9	0.83mi
930 Spencer Ct Unit 930-105 Baraboo, WI	2.0	2.0	1050	$1,750	$1.67	43d	1	1.08mi
922 Spencer Ct Unit 924-219 Baraboo, WI	2.0	2.0	1200	$1,850	$1.54	44d	1	1.19mi

Listing history 18 events

1. 2026-06-19
   days on market $44,900 Active 23 DOM
2. 2026-06-18
   days on market $44,900 Active 22 DOM
3. 2026-06-17
   days on market $44,900 Active 21 DOM
4. 2026-06-17
   price $44,900 Active 20 DOM
5. 2026-06-16
   days on market $54,900 Active 20 DOM
6. 2026-06-15
   days on market $54,900 Active 19 DOM
7. 2026-06-14
   days on market $54,900 Active 17 DOM
8. 2026-06-12
   days on market $54,900 Active 16 DOM
9. 2026-06-09
   days on market $54,900 Active 13 DOM
10. 2026-06-08
    days on market $54,900 Active 12 DOM
11. 2026-06-07
    pricedays on market $54,900 Active 11 DOM
12. 2026-06-03
    days on market $62,500 Active 7 DOM
13. 2026-06-03
    remarks 418-char remark
14. 2026-06-02
    days on market $62,500 Active 6 DOM
15. 2026-06-01
    days on market $62,500 Active 5 DOM
16. 2026-05-31
    days on market $62,500 Active 4 DOM
17. 2026-05-30
    days on market $62,500 Active 3 DOM
18. 2026-05-26
    listed $62,500 Active

ⓘ 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: $19,325
• − Mortgage interest: −$2,515
• − Property taxes: −$674
• − Insurance: −$224
• − Repairs & maintenance: −$1,546
• − Management: −$1,546
• − Depreciation: −$1,306
• Taxable income: $11,514
• Est. tax owed @ 24.0%: −$2,763
• After-tax cash flow: $8,780/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: Baraboo School District
• NCES district ID: 5500810
• Math proficiency: 34% ▼ -8.00%
• Reading proficiency: 35% ▼ -6.00%
• Median HH income: $49,101
• Composite: 29.85/100
• National rank: #6412
• State rank: #232 of 342 in WI

Livability — Baraboo

• Score: 77/100
• State rank: #118
• US rank: #3059

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Baraboo, WI
• County: Sauk County · 36,155 people
• City population: 21,704
• 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

1 event — show timeline

• 2026-05-26 Listed $62,500 SCWMLS