4910 17th Ave · Kenosha, WI 53140

$114,900

3 bd · 1.0 ba · 1,527 sqft · SingleFamily public records · 20 Days on market

Built 1907 4,356 sqft lot Est $229k · 50% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +4.2/5.0
• Rent growth +4.0/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

No More Showings. .. property was withdrawn (rented).

Key facts

• 4,356 sq ft lot
• Parking
• Built 1907

Property features AI

Finance

• Other: Information source for year built: Assessor/Public Record

Exterior

• Parking: 1 parking space
• Utilities: Municipal water; Municipal sewer
• Home design: 1.5‑story single‑family home; Estimated above‑grade living area ~1,527
• Construction: Less than 1/2 acre lot (about 0.1 acre); Zoning: RG2
• Exterior features: Vinyl exterior; Sidewalks

Interior

• Kitchen: Kitchen on main level (10 x 13)
• Bedrooms: Main-level primary bedroom (9 x 13); Main-level bedroom 2 (9 x 9); Upper-level bedroom 3 (10 x 9); Upper-level bedroom 4 (12 x 9)
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Natural gas heat
• Interior features: Cable/satellite available; High‑speed internet; Walk‑through bedroom; Full basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $875 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $115k).
• Recommended offer: $113k (1.5% below list) — sets the bar for market timing.
• Cap rate 15.4% vs local median 4.0% in Kenosha — 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 84/100 on livability (#31 in WI, #680 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-.
• Kenosha School District (suburban): math 26% / reading 31% proficiency, ranked #287 of 342 in WI (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Grant Elementary (math 17% / reading 12%, grade F, #910 of 1,041 statewide, top 88%, 190 students, 79% FRL); Bradford High (math 11% / reading 21%, grade F, #412 of 483 statewide, top 85%, 1,389 students, 66% FRL) — zoned schools average 73% FRL vs 45% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 15% at this address vs 28% district-wide (-13 pts) — the specific schools serving this property underperform the Kenosha School District average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising fast (+6.0%/yr); 43 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 259 units permitted in Kenosha County in 2024 (8 in 5+ unit buildings).
• This rent runs 44% of the median local income ($58k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $794 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 6.0% rent growth), your $32k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 20 days — a 2% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 13y ago; this cycle's ask has dropped $35k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1907 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $113,176 (1.5% below list)

Questions for the listing agent

1. Built in 1907 — 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. 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: 1.84% ✓
• Cap rate: 15.43%
• Cash-on-cash: 32.62%
• DSCR: 2.45
• GRM: 4.5

CMA / ARV

• ARV (on-the-fly): $229,050
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5012 23rd Ave	0.36mi	3/2.0	1,450 (-5%)	1mo	$200,000	$138	70
5116 20th Ave	0.24mi	3/2.5	1,441 (-6%)	6mo	$234,900	$163	68
1700 43rd St	0.41mi	3/2.0	1,606 (+5%)	2mo	$236,000	$147	66
4310 21st Ave	0.43mi	3/2.0	1,560 (+2%)	7mo	$180,000	$115	66
5110 19th Ave	0.20mi	4/2.0 (+1)	1,666 (+9%)	3mo	$164,900	$99	64
5422 22nd Ave	0.51mi	3/2.5	1,584 (+4%)	1mo	$312,000	$197	63
5537 24th Ave	0.64mi	3/1.5	1,600 (+5%)	5mo	$240,000	$150	56
4013 11th Ave	0.67mi	3/2.0	1,471 (-4%)	4mo	$214,000	$145	56
3829 16th Ave	0.71mi	2/1.5 (-1)	1,511 (-1%)	8mo	$240,000	$159	51
4215 21st Ave	0.47mi	4/1.5 (+1)	1,679 (+10%)	8mo	$225,900	$135	48
1724 39th St	0.71mi	3/1.0	1,368 (-10%)	3mo	$265,000	$194	47
5807 22nd Ave	0.71mi	3/2.0	1,343 (-12%)	0mo	$257,000	$191	42

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 · 5.98% rent growth · sell at horizon

5-year hold

• IRR: 31.1%
• Equity multiple: 2.36×
• Total profit: $43,661
• Equity at exit: $17,132

10-year hold

• IRR: 39.9%
• Equity multiple: 5.30×
• Total profit: $138,426
• Equity at exit: $9,934

Cash invested: $32,172 (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 53140

• Rents YoY: 6.0%
• Active inventory: 43
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $2,119 high
• Mortgage (P&I): −$603
• Tax from tax record: −$149 /mo · $1,783/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$445
• Net cashflow: $875

Break-even live

Break-even rent $1,011

Max offer price $114,900

Occupancy floor 54%

Sensitivity live

Price	-10% $940	-5% $907	+0% $875	+5% $842	+10% $810
Rent	-10% $707	-5% $791	+0% $875	+5% $958	+10% $1,042
Rate	-1.0pp $932	-0.5pp $904	base $875	+0.5pp $845	+1.0pp $815

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: $28,725
• Closing costs: $3,447
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5432 23rd Ave Kenosha, WI	4.0	2.0	1400	$1,695	$1.21	4d	1	0.55mi
1510 57th St Unit 2 Kenosha, WI	4.0	2.0	1700	$1,800	$1.06	44d	1	0.55mi
5522 7th Ave Kenosha, WI	2.0	1.0–2.0	858	$2,660	$3.10	3d	60	0.61mi
2708 48th St Kenosha, WI	4.0	2.0	1200	$2,500	$2.08	23d	1	0.65mi
5807 20th Ave Unit 2 Kenosha, WI	3.0	1.0	1064	$2,400	$2.26	19d	1	0.65mi
5807 20th Ave Unit 1 Kenosha, WI	2.0	1.0	1064	$2,000	$1.88	19d	1	0.65mi
1809 60th St Kenosha, WI	3.0	1.0	1100	$1,500	$1.36	44d	1	0.73mi
5945 6th Ave Kenosha, WI	2.0	1.0–2.0	800	$2,575	$3.22	2d	13	0.90mi
5900 4th Ave Unit 309 Kenosha, WI	2.0	2.0	1083	$1,895	$1.75	20d	1	0.91mi
5900 4th Ave Apt 414 Kenosha, WI	2.0	2.0	1160	$2,675	$2.31	13d	1	0.92mi
5900 4th Ave Unit 512 Kenosha, WI	2.0	2.0	1224	$2,495	$2.04	20d	1	0.92mi
5900 4th Ave Unit 509 Kenosha, WI	2.0	2.0	1083	$2,035	$1.88	25d	1	0.92mi
5900 4th Ave Unit 212 Kenosha, WI	2.0	2.0	1224	$1,999	$1.63	44d	1	0.92mi
5900 4th Ave Unit 217 Kenosha, WI	2.0	2.0	1083	$2,195	$2.03	19d	1	0.92mi
2114 36th St Kenosha, WI	3.0	2.0	1889	$3,200	$1.69	44d	1	0.97mi
3905 29th Ave Kenosha, WI	3.0	2.0	1550	$1,600	$1.03	19d	1	1.03mi

Listing history 13 events

1. 2026-06-18
   days on market $114,900 Active 20 DOM
2. 2026-06-17
   pricedays on market $114,900 Active 19 DOM
3. 2026-06-16
   days on market $149,900 Active 18 DOM
4. 2026-06-15
   days on market $149,900 Active 17 DOM
5. 2026-06-13
   days on market $149,900 Active 15 DOM
6. 2026-06-09
   days on market $149,900 Active 11 DOM
7. 2026-06-08
   days on market $149,900 Active 10 DOM
8. 2026-06-07
   days on market $149,900 Active 9 DOM
9. 2026-06-04
   days on market $149,900 Active 6 DOM
10. 2026-06-03
    days on market $149,900 Active 5 DOM
11. 2026-06-02
    days on market $149,900 Active 4 DOM
12. 2026-06-01
    days on market $149,900 Active 3 DOM
13. 2026-05-31
    days on market $149,900 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: $1,783 · $149/mo
• Projected year-2 tax: $1,955 · $163/mo
• Expected delta: +$171/yr (+$14/mo · 9.6%)

ⓘ 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 ≥96°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,422
• − Mortgage interest: −$6,436
• − Property taxes: −$1,783
• − Insurance: −$574
• − Repairs & maintenance: −$2,034
• − Management: −$2,034
• − Depreciation: −$3,343
• Taxable income: $9,218
• Est. tax owed @ 24.0%: −$2,212
• After-tax cash flow: $8,283/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: Kenosha School District
• NCES district ID: 5507320
• Math proficiency: 26% ▼ -9.00%
• Reading proficiency: 31% ▼ -6.00%
• Median HH income: $52,407
• Composite: 25.17/100
• National rank: #7516
• State rank: #287 of 342 in WI

Livability — Kenosha

• Score: 84/100
• State rank: #31
• US rank: #680

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kenosha, WI
• County: Kenosha County · 130,343 people
• City population: 85,271
• Metro: Chicago-Naperville-Elgin, IL-IN-WI
• Population (ZIP): 30,238
• Household income: $58,006
• Rent vs Own: 47.7% rent · 52.3% own
• Severe rent burden: 1576.0

Population outlook (Kenosha County) Hauer SSP2

• Today (2025): 174,032 people
• By 2030: 174,923 · +0.5%
• By 2040: 173,895 · -0.1%
• By 2050: 170,102 · -2.3%
• By 2075: 162,952 · -6.4%
• By 2100: 154,781 · -11.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (66%)
• Race & ethnicity: White 66% Hispanic / Latino 19% Two or more races 14% Black 9% Asian 2%
• Hispanic origin (detail): Mexican 14% Puerto Rican 2%
• Common ancestry: Romanian 7% Lithuanian 3% Portuguese 3%
• Foreign-born: 10% · Canada
• Languages at home: 83% English-only · Spanish 12% Other Indo-European 3% Other Asian/Pacific 1%

Political lean MEDSL · Kenosha

• 2024 margin: Lean R (+6.2) · D 46.2% · R 52.5% · Other 1.3%
• 2008→2024 swing: -24.3pp toward R · 2008: 18.1pp · 2024: -6.2pp
• All cycles: 2024: R+6.2 2020: R+3.1 2016: R+0.3 2012: D+12.3 2008: D+18.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -187.92%
• Current HPI: 235.0929
• Rent YoY: ▲ 5.98%
• Metro: Chicago-Naperville-Elgin, IL-IN-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

+168.2% since first listed

3 events — show timeline

• 2026-05-27 Listed $149,900 METROMLS
• 2013-02-09 Listing Removed — METROMLS
• 2013-02-09 Listed $55,900 METROMLS

Property tax history

+1.0%/yr

Latest (2025): $1,783 · +5.6% YoY. Source: county tax records.