5360 N 50th St · Milwaukee, WI 53218

$110,000

2 bd · 1.0 ba · 720 sqft · SingleFamily public records · 14 Days on market

Built 1950 6,534 sqft lot $153/sqft · at area comps Est $106k · at est.

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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 +22.9/30.0
• DSCR +7.3/10.0
• ARV discount +5.9/15.0
• 1% rule +5.8/10.0
• Livability +4.0/5.0
• Rent growth +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cute and Meticulously cared for, this home boasts an updated Kitchen and Bath, as well as new paint in 2006 and new furnace in 2007. A detached 3 Season Room and deck make for enjoyable Summertime entertaining. All this and just steps from MdGoven Park!

Key facts

• 6,534 sq ft lot
• Garage
• Built 1950

Property features AI

Exterior

• Parking: Detached 1-car garage with opener; 1 additional parking space; Total of approximately 1.5 garage parking spaces
• Utilities: Municipal water; Municipal sewer; Natural gas; Solar
• Home design: Single-family, one-story home; Entry level on main floor; Zoned Re6
• Construction: Assessor/public record used for year built
• Exterior features: Vinyl exterior; Garden shed; Lot under 1/2 acre (approximately 0.15 acre)

Interior

• Kitchen: Kitchen island
• Bedrooms: Main-level master bedroom (14 x 12); Main-level second bedroom (12 x 8)
• Bathrooms: Full bathroom with shower-over-tub; Master bath with whirlpool and ceramic tile
• Heating & cooling: Forced air heating; Central air conditioning; Natural gas heating; Solar heating
• Interior features: Open main-level living area; Kitchen island

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $193 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).
• Cap rate 8.4% 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+, schools F, 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.
• Market conditions: Rents rising fast (+5.3%/yr); 152 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,017 units permitted in Milwaukee County in 2024 (803 in 5+ unit buildings).
• This rent runs 31% of the median local income ($46k/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 $761 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Milwaukee County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 5.3% rent growth), your $31k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 13y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $16k; list at $110k implies a 567% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $110,000

Questions for the listing agent

1. Built in 1950 — 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 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?
4. 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?
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: 1.08% ✓
• Cap rate: 8.40%
• Cash-on-cash: 7.52%
• DSCR: 1.33
• GRM: 7.7

CMA / ARV

• ARV (median comp): $106,238
• List price: $110,000
• Delta: 3.54%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5120 N 56th St	0.48mi	3/1.0 (+1)	713 (-1%)	2mo	$103,000	$144	69
5243 N 46th St	0.27mi	2/1.0	803 (+12%)	1mo	$135,000	$168	67
5482 N 58th St	0.53mi	3/1.0 (+1)	734 (+2%)	2mo	$120,000	$163	66
5261 N 46th St	0.26mi	2/1.0	803 (+12%)	6mo	$80,000	$100	63
5483 N 58th St	0.55mi	2/1.0	672 (-7%)	1mo	$118,500	$176	62
5260 N 46th St	0.28mi	2/1.0	803 (+12%)	7mo	$135,000	$168	62
5247 N 44th St	0.38mi	2/1.0	803 (+12%)	7mo	$115,000	$143	58
4228 W Newton Pl	0.69mi	2/1.0	672 (-7%)	3mo	$53,000	$79	55
5720 W Thurston Ave	0.61mi	2/1.0	792 (+10%)	2mo	$164,900	$208	54
5733 N 60th St	0.75mi	2/1.0	672 (-7%)	2mo	$74,185	$110	52
5051 N 58th St	0.66mi	2/1.0	796 (+11%)	7mo	$65,500	$82	46
5325 N 60th St	0.59mi	2/1.0	624 (-13%)	7mo	$130,000	$208	45

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 · 5.29% rent growth · sell at horizon

5-year hold

• IRR: -2.3%
• Equity multiple: 0.91×
• Total profit: $-2,707
• Equity at exit: $16,401

10-year hold

• IRR: 9.8%
• Equity multiple: 1.83×
• Total profit: $25,609
• Equity at exit: $9,511

Cash invested: $30,800 (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 53218

• Home prices YoY: -19.0%
• Rents YoY: 5.3%
• Active inventory: 152
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,193 high
• Mortgage (P&I): −$577
• Tax from tax record: −$126 /mo · $1,518/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$250
• Net cashflow: $193

Break-even live

Break-even rent $948

Max offer price $110,000

Occupancy floor 79%

Sensitivity live

Price	-10% $255	-5% $224	+0% $193	+5% $162	+10% $131
Rent	-10% $99	-5% $146	+0% $193	+5% $240	+10% $287
Rate	-1.0pp $248	-0.5pp $221	base $193	+0.5pp $165	+1.0pp $136

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6026 W Carmen Ave Milwaukee, WI	2.0	1.0	672	$1,195	$1.78	25d	1	0.81mi
5820 N 65th St #5822 Milwaukee, WI	2.0	1.0	700	$1,245	$1.78	45d	1	1.05mi
6110 N 39th St Milwaukee, WI	2.0	1.0	703	$1,395	$1.98	6d	1	1.22mi
4651 N 36th St #4 Milwaukee, WI	2.0	1.0	747	$945	$1.27	25d	1	1.24mi
4572 N 38th St Unit 2 Milwaukee, WI	2.0	1.0	600	$950	$1.58	45d	1	1.25mi

Listing history 11 events

1. 2026-05-05
   listed $110,000 Active 264-char remark
2. 2013-02-02
   historical 253-char remark

   Show marketing remark (253 chars)

   Cute and Meticulously cared for, this home boasts an updated Kitchen and Bath, as well as new paint in 2006 and new furnace in 2007. A detached 3 Season Room and deck make for enjoyable Summertime entertaining. All this and just steps from MdGoven Park!

3. 2013-02-02
   listed $81,900 253-char remark

   Show marketing remark (253 chars)

   Cute and Meticulously cared for, this home boasts an updated Kitchen and Bath, as well as new paint in 2006 and new furnace in 2007. A detached 3 Season Room and deck make for enjoyable Summertime entertaining. All this and just steps from MdGoven Park!

4. 2013-01-28
   historical

   Show marketing remark (431 chars)

   Here is a cute ranch home that will make someone's dream come true. This home features 2 bedrooms and 1 bath. COme and see this steal!!This is a Fannie Mae HomePath property, Purchase this property for as little as 3% down. This property is Approved for HomePath Renovation Mortgage Financing. Owner occupants purchasing a HomePath property can receive up to 3.5% of the final sales price to be used toward closing cost assistance.

5. 2013-01-28
   listed $18,500

   Show marketing remark (431 chars)

   Here is a cute ranch home that will make someone's dream come true. This home features 2 bedrooms and 1 bath. COme and see this steal!!This is a Fannie Mae HomePath property, Purchase this property for as little as 3% down. This property is Approved for HomePath Renovation Mortgage Financing. Owner occupants purchasing a HomePath property can receive up to 3.5% of the final sales price to be used toward closing cost assistance.

6. 2011-09-28
   soldstatus $16,500

   Show marketing remark (431 chars)

   Here is a cute ranch home that will make someone's dream come true. This home features 2 bedrooms and 1 bath. COme and see this steal!!This is a Fannie Mae HomePath property, Purchase this property for as little as 3% down. This property is Approved for HomePath Renovation Mortgage Financing. Owner occupants purchasing a HomePath property can receive up to 3.5% of the final sales price to be used toward closing cost assistance.

7. 2006-06-20
   soldstatus $78,000
8. 2006-06-14
   soldstatus $80,000
9. 2005-07-13
   soldstatus $72,500
10. 1999-03-11
    soldstatus $28,500
11. 1972-09-01
    soldstatus $14,900

ⓘ 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: $1,518 · $126/mo
• Projected year-2 tax: $1,776 · $148/mo
• Expected delta: +$259/yr (+$22/mo · 17.0%)

ⓘ 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 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: $14,312
• − Mortgage interest: −$6,162
• − Property taxes: −$1,518
• − Insurance: −$550
• − Repairs & maintenance: −$1,145
• − Management: −$1,145
• − Depreciation: −$3,200
• Taxable income: $593
• Est. tax owed @ 24.0%: −$142
• After-tax cash flow: $2,174/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): 41,196
• Household income: $45,642
• Rent vs Own: 57.1% rent · 42.9% own
• Severe rent burden: 2421.0

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 (72%)
• Race & ethnicity: Black 72% Asian 10% White 10% Hispanic / Latino 5% Two or more races 3%
• Common ancestry: Romanian 1% Lithuanian 1%
• Foreign-born: 6% · Philippines, Canada
• Languages at home: 89% English-only · Other Asian/Pacific 7% Spanish 3%

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: ▼ -76.44%
• Current HPI: 325.1975
• Rent YoY: ▲ 5.29%
• 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

+638.3% since first listed

12 events — show timeline

• 2026-05-19 Pending — METROMLS
• 2026-05-05 Listed $110,000 METROMLS
• 2013-02-02 Listing Removed — METROMLS
• 2013-02-02 Listed $81,900 METROMLS
• 2013-01-28 Listed $18,500 METROMLS
• 2013-01-28 Listing Removed — METROMLS
• 2011-09-28 Sold (MLS) $16,500 METROMLS
• 2006-06-20 Sold (Public Records) $78,000 Public Records
• 2006-06-14 Sold (MLS) $80,000 METROMLS
• 2005-07-13 Sold (Public Records) $72,500 Public Records
• 1999-03-11 Sold (Public Records) $28,500 Public Records
• 1972-09-01 Sold (Public Records) $14,900 Public Records

Property tax history

+2.6%/yr

Latest (2024): $1,518 · +33.6% YoY. Source: county tax records.