120 S Bagley Ave · Bagley, WI 53801

$39,900

2 bd · 1.0 ba · 1,344 sqft · Other · 13 Days on market

Built 1900 6,969 sqft lot ↓ 31% 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
• Appreciation +6.0/10.0
• Schools +3.3/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Great opportunity in Bagley, WI! This home sits on a desirable double lot and features a low-maintenance steel roof, vinyl siding, and a concrete pad ready for a future detached garage or outbuilding. The interior needs updating, making it an excellent option for investors, flippers, or buyers looking to build sweat equity. Plenty of potential and room to make it your own!

Key facts

• Concrete pad
• Double lot
• Vinyl siding

Tags

• DOUBLE LOT
• LOW-MAINTENANCE STEEL ROOF
• VINYL SIDING
• CONCRETE PAD

Property features AI

Exterior

• Utilities: Municipal water; Municipal sewer; Electric service (implied)
• Home design: 1.5-story single-family home; Estimated finished living area between 1,251 and 1,500 sq ft; Finished above-grade living area about 1,344
• Construction: Vinyl siding; Year built information from assessor/public records
• Exterior features: Vinyl exterior; Lot approximately 0.16 acre; Zoned R

Interior

• Kitchen: Kitchen on main level (approx. 13 x 10)
• Bedrooms: Primary bedroom on upper level (approx. 13 x 12); Second bedroom on upper level (approx. 12 x 7)
• Bathrooms: One full bathroom; No ensuite bath in primary bedroom
• Heating & cooling: Forced air heating (oil)
• Interior features: Partial basement
• Laundry & utility: Oil-fired forced air heating

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath other listed at $40k.

Deal economics

• At list price, monthly cash flow is $597 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $40k).

Location & tenants

• Location reads 61/100 on livability (#663 in WI) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, employment D, amenities F.
• River Ridge School District (rural): math 42% / reading 35% proficiency, ranked #190 of 342 in WI (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: River Ridge Elementary (math 42% / reading 37%, grade F, #490 of 1,041 statewide, top 53%, 192 students, 50% FRL); River Ridge Middle (math 47% / reading 37%, grade D-, #124 of 383 statewide, top 35%, 157 students, 45% FRL); River Ridge High (math 24% / reading 15%, grade F, #376 of 483 statewide, top 79%, 175 students, 38% FRL).
• Market conditions: 10 active listings in the ZIP; 120 units permitted in Grant County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $1k of equity ($276 loan paydown + $818 appreciation (2.0% local appreciation)).
• Grant County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (2.0% appreciation + 3.0% rent growth), your $11k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $13k; list at $40k implies a 207% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $39,900

Questions for the listing agent

1. Built in 1900 — 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. 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: 2.77% ✓
• Cap rate: 24.23%
• Cash-on-cash: 64.07%
• DSCR: 3.85
• GRM: 3.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

2.05% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 67.9%
• Equity multiple: 4.66×
• Total profit: $40,848
• Equity at exit: $15,848

10-year hold

• IRR: 68.2%
• Equity multiple: 9.48×
• Total profit: $94,746
• Equity at exit: $22,906

Cash invested: $11,172 (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 53801

• Home prices YoY: 1.3%
• Active inventory: 10
• Price-to-rent: 3.0×

Monthly cashflow live

• Estimated rent: $1,104 medium
• Mortgage (P&I): −$209
• Tax est. 1.5%: −$50 /mo · $598/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$232
• Net cashflow: $597

Break-even live

Break-even rent $349

Max offer price $39,900

Occupancy floor 41%

Sensitivity live

Price	-10% $624	-5% $610	+0% $597	+5% $583	+10% $569
Rent	-10% $509	-5% $553	+0% $597	+5% $640	+10% $684
Rate	-1.0pp $617	-0.5pp $607	base $597	+0.5pp $586	+1.0pp $576

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: $9,975
• Closing costs: $1,197
• Reserves months: —
• Total cash needed: —

Listing history 11 events

1. 2026-06-21
   days on market $39,900 Active 13 DOM
2. 2026-06-21
   days on market $39,900 Active 12 DOM
3. 2026-06-18
   days on market $39,900 Active 10 DOM
4. 2026-06-17
   days on market $39,900 Active 9 DOM
5. 2026-06-16
   days on market $39,900 Active 8 DOM
6. 2026-06-15
   days on market $39,900 Active 7 DOM
7. 2026-06-15
   days on market $39,900 Active 6 DOM
8. 2026-06-13
   days on market $39,900 Active 5 DOM
9. 2026-06-12
   days on market $39,900 Active 4 DOM
10. 2026-06-09
    remarks 375-char remark
11. 2026-06-09
    listed $39,900 Active 1 DOM

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,249
• − Mortgage interest: −$2,235
• − Property taxes: −$598
• − Insurance: −$200
• − Repairs & maintenance: −$1,060
• − Management: −$1,060
• − Depreciation: −$1,161
• Taxable income: $6,936
• Est. tax owed @ 24.0%: −$1,665
• After-tax cash flow: $5,494/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: River Ridge School District
• NCES district ID: 5500017
• Math proficiency: 42% ▼ -11.00%
• Reading proficiency: 35% ▼ -9.00%
• Median HH income: $44,534
• Composite: 32.77/100
• National rank: #5633
• State rank: #190 of 342 in WI

Livability — Bagley

• Score: 61/100
• State rank: #663
• US rank: #17526

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bagley, WI
• Population (ZIP): 1,033

Population outlook (Grant County) Hauer SSP2

• Today (2025): 53,982 people
• By 2030: 55,104 · +2.1%
• By 2040: 57,353 · +6.2%
• By 2050: 59,315 · +9.9%
• By 2075: 65,496 · +21.3%
• By 2100: 66,508 · +23.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Hispanic / Latino 15% Two or more races 3%
• Hispanic origin (detail): Mexican 14%
• Common ancestry: Portuguese 4% Romanian 4% Iranian 2%
• Foreign-born: 6% · Canada
• Languages at home: 93% English-only · Spanish 6%

Political lean MEDSL · Grant

• 2024 margin: R (+18.2) · D 40.2% · R 58.4% · Other 1.3%
• 2008→2024 swing: -42.0pp toward R · 2008: 23.9pp · 2024: -18.2pp
• All cycles: 2024: R+18.2 2020: R+12.3 2016: R+9.6 2012: D+13.7 2008: D+23.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 2.05%
• Current HPI: 165.0308
• Rent YoY: —
• Metro: —
• 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

-31.2% since first listed

3 events — show timeline

• 2026-06-08 Listed $39,900 SCWMLS
• 2025-11-19 Sold (Public Records) $13,000 Public Records
• 2013-06-18 Sold (Public Records) $58,000 Public Records

Property tax history

+5.7%/yr

Latest (2025): $2,130 · +63.4% YoY. Source: county tax records.