6914 16th Ave · Kenosha, WI 53143

$175,000

3 bd · 1.5 ba · 1,248 sqft · SingleFamily public records · 1 Days on market

Built 1916 4,791 sqft lot Est $227k · 23% under

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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 +20.3/30.0
• ARV discount +15.0/15.0
• DSCR +6.4/10.0
• 1% rule +5.2/10.0
• Livability +4.2/5.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This charming bungalow style home has timeless appeal with its classic style along with some modern upgrades. Welcoming you as you walk up the brand new entry sidewalk is the open air front porch, perfect for enjoying the beautiful WI weather this time of year. Inside, original wood flooring compliments the freshly painted home & vinyl windows with new blinds let lots of natural light in. Spacious bedrooms upstairs and nice tiled shower in the full bath. Basement has a bonus 1/2 bath, a Recroom and workshop area as well as storage. There is a cute backyard area and the convenience of off street parking as well . Current Middle School is Lincoln, changing for 2024-2025 to Lance

Key facts

• Walk-in closet
• Workshop area
• Open front porch

Tags

• ORIGINAL WOOD FLOORING
• WALK-IN CLOSET
• PARTIALLY FENCED BACKYARD
• OPEN FRONT PORCH
• WORKSHOP AREA
• BONUS HALF BATH

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $224 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Cap rate 7.8% 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-, schools D+.
• 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.
• Market conditions: 35 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 31% of the median local income ($68k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 2y 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.

Risks & watch-outs

• Watch-outs: built in 1916 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $175,000

Questions for the listing agent

1. Built in 1916 — 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: 1.02% ✓
• Cap rate: 7.83%
• Cash-on-cash: 5.49%
• DSCR: 1.24
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $227,136
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1901 74th Pl	0.30mi	3/1.0	1,233 (-1%)	2mo	$230,000	$187	81
7411 11th Ave	0.39mi	3/1.5	1,300 (+4%)	1mo	$157,777	$121	74
2101 74th St	0.33mi	3/1.0	1,344 (+8%)	0mo	$210,000	$156	69
1308 69th St	0.16mi	4/1.0 (+1)	1,108 (-11%)	2mo	$202,000	$182	66
6901 13th Ave	0.18mi	4/2.0 (+1)	1,383 (+11%)	2mo	$177,000	$128	65
918 74th St	0.43mi	3/1.0	1,380 (+11%)	2mo	$120,000	$87	59
7325 24th Ave	0.47mi	2/1.0 (-1)	1,138 (-9%)	2mo	$227,500	$200	55
7836 23rd Ave	0.73mi	3/1.0	1,320 (+6%)	2mo	$240,000	$182	53
7525 6th Ave	0.69mi	2/2.0 (-1)	1,198 (-4%)	2mo	$300,000	$250	52
7417 28th Ave	0.73mi	2/1.0 (-1)	1,186 (-5%)	1mo	$240,000	$202	50
6516 21st Ave	0.43mi	2/1.0 (-1)	1,076 (-14%)	2mo	$170,000	$158	48
6320 25th Ave	0.71mi	4/1.0 (+1)	1,375 (+10%)	2mo	$183,000	$133	41

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: -7.8%
• Equity multiple: 0.71×
• Total profit: $-14,064
• Equity at exit: $26,093

10-year hold

• IRR: 1.8%
• Equity multiple: 1.13×
• Total profit: $6,199
• Equity at exit: $15,131

Cash invested: $49,000 (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 53143

• Active inventory: 35
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,789 high
• Mortgage (P&I): −$918
• Tax from tax record: −$199 /mo · $2,384/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$376
• Net cashflow: $224

Break-even live

Break-even rent $1,505

Max offer price $175,000

Occupancy floor 82%

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6703 16th Ave Kenosha, WI	3.0	1.0	864	$1,675	$1.94	19d	1	0.21mi
1917 61st St Unit 1 Kenosha, WI	2.0	1.0	800	$1,250	$1.56	44d	1	0.67mi
6516 5th Ave Apt 3 Kenosha, WI	2.0	1.0	725	$1,110	$1.53	5d	1	0.70mi
1108 61st St Unit 1110 Upper Kenosha, WI	3.0	1.0	869	$1,345	$1.55	7d	1	0.71mi
1809 60th St Kenosha, WI	3.0	1.0	1100	$1,500	$1.36	44d	1	0.73mi
2614 63rd St #2 Kenosha, WI	2.0	1.0	900	$1,295	$1.44	25d	1	0.82mi
6018 8th Ave Apt 33 Kenosha, WI	2.0	1.5	975	$1,425	$1.46	7d	1	0.83mi
5807 20th Ave Unit 2 Kenosha, WI	3.0	1.0	1064	$2,400	$2.26	19d	1	0.84mi
5807 20th Ave Unit 1 Kenosha, WI	2.0	1.0	1064	$2,000	$1.88	19d	1	0.84mi
5945 6th Ave Kenosha, WI	2.0	1.0–2.0	800	$2,575	$3.22	1d	13	0.99mi
5900 4th Ave Unit 509 Kenosha, WI	2.0	2.0	1083	$2,035	$1.88	25d	1	1.06mi
5900 4th Ave Unit 212 Kenosha, WI	2.0	2.0	1224	$1,999	$1.63	44d	1	1.06mi
5900 4th Ave Apt 414 Kenosha, WI	2.0	2.0	1160	$2,675	$2.31	13d	1	1.06mi
5900 4th Ave Unit 217 Kenosha, WI	2.0	2.0	1083	$2,195	$2.03	19d	1	1.06mi
5900 4th Ave Unit 512 Kenosha, WI	2.0	2.0	1224	$2,495	$2.04	20d	1	1.06mi
5900 4th Ave Unit 309 Kenosha, WI	2.0	2.0	1083	$1,895	$1.75	20d	1	1.07mi
5432 23rd Ave Kenosha, WI	4.0	2.0	1400	$1,695	$1.21	4d	1	1.13mi
5522 7th Ave Kenosha, WI	2.0	1.0–2.0	858	$2,660	$3.10	3d	60	1.15mi
910 85th St Unit 920-306 Kenosha, WI	2.0	2.0	886	$1,200	$1.35	44d	1	1.22mi
7733 37th Ave Kenosha, WI	2.0	1.0	1200	$2,000	$1.67	13d	1	1.30mi
716 51st Pl Kenosha, WI	2.0	1.0	900	$1,349	$1.50	21d	1	1.39mi
5103 24th Ave Kenosha, WI	2.0	1.0	980	$1,095	$1.12	5d	1	1.41mi

Listing history 10 events

1. 2025-04-21
   soldstatus $177,000
2. 2025-03-23
   status Pending
3. 2025-03-21
   listed $175,000 Active
4. 2024-06-04
   soldstatus $164,000
5. 2024-05-20
   soldstatus $164,000 Sold 691-char remark

   Show marketing remark (691 chars)

   This charming bungalow style home has timeless appeal with its classic style along with some modern upgrades. Welcoming you as you walk up the brand new entry sidewalk is the open air front porch, perfect for enjoying the beautiful WI weather this time of year. Inside, original wood flooring compliments the freshly painted home & vinyl windows with new blinds let lots of natural light in. Spacious bedrooms upstairs and nice tiled shower in the full bath. Basement has a bonus 1/2 bath, a Recroom and workshop area as well as storage. There is a cute backyard area and the convenience of off street parking as well . Current Middle School is Lincoln, changing for 2024-2025 to Lance

6. 2024-05-01
   historical Contingent 691-char remark

   Show marketing remark (691 chars)

   This charming bungalow style home has timeless appeal with its classic style along with some modern upgrades. Welcoming you as you walk up the brand new entry sidewalk is the open air front porch, perfect for enjoying the beautiful WI weather this time of year. Inside, original wood flooring compliments the freshly painted home & vinyl windows with new blinds let lots of natural light in. Spacious bedrooms upstairs and nice tiled shower in the full bath. Basement has a bonus 1/2 bath, a Recroom and workshop area as well as storage. There is a cute backyard area and the convenience of off street parking as well . Current Middle School is Lincoln, changing for 2024-2025 to Lance

7. 2024-05-01
   status Active 691-char remark

   Show marketing remark (691 chars)

   This charming bungalow style home has timeless appeal with its classic style along with some modern upgrades. Welcoming you as you walk up the brand new entry sidewalk is the open air front porch, perfect for enjoying the beautiful WI weather this time of year. Inside, original wood flooring compliments the freshly painted home & vinyl windows with new blinds let lots of natural light in. Spacious bedrooms upstairs and nice tiled shower in the full bath. Basement has a bonus 1/2 bath, a Recroom and workshop area as well as storage. There is a cute backyard area and the convenience of off street parking as well . Current Middle School is Lincoln, changing for 2024-2025 to Lance

8. 2024-04-20
   historical Contingent 691-char remark

   Show marketing remark (691 chars)

   This charming bungalow style home has timeless appeal with its classic style along with some modern upgrades. Welcoming you as you walk up the brand new entry sidewalk is the open air front porch, perfect for enjoying the beautiful WI weather this time of year. Inside, original wood flooring compliments the freshly painted home & vinyl windows with new blinds let lots of natural light in. Spacious bedrooms upstairs and nice tiled shower in the full bath. Basement has a bonus 1/2 bath, a Recroom and workshop area as well as storage. There is a cute backyard area and the convenience of off street parking as well . Current Middle School is Lincoln, changing for 2024-2025 to Lance

9. 2024-04-16
   listed $156,000 Active 691-char remark

   Show marketing remark (691 chars)

   This charming bungalow style home has timeless appeal with its classic style along with some modern upgrades. Welcoming you as you walk up the brand new entry sidewalk is the open air front porch, perfect for enjoying the beautiful WI weather this time of year. Inside, original wood flooring compliments the freshly painted home & vinyl windows with new blinds let lots of natural light in. Spacious bedrooms upstairs and nice tiled shower in the full bath. Basement has a bonus 1/2 bath, a Recroom and workshop area as well as storage. There is a cute backyard area and the convenience of off street parking as well . Current Middle School is Lincoln, changing for 2024-2025 to Lance

10. 1983-05-01
    soldstatus $22,500

ⓘ 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: $2,384 · $199/mo
• Projected year-2 tax: $2,811 · $234/mo
• Expected delta: +$427/yr (+$36/mo · 17.9%)

ⓘ 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: $21,471
• − Mortgage interest: −$9,803
• − Property taxes: −$2,384
• − Insurance: −$875
• − Repairs & maintenance: −$1,718
• − Management: −$1,718
• − Depreciation: −$5,091
• Taxable loss: −$117
• Est. tax savings @ 24.0%: +$28
• After-tax cash flow: $2,718/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): 20,889
• Household income: $68,343
• Rent vs Own: 40.9% rent · 59.1% own
• Severe rent burden: 813.0

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: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 59% Hispanic / Latino 21% Two or more races 18% Black 11% Asian 1%
• Hispanic origin (detail): Mexican 16% Puerto Rican 2%
• Common ancestry: Romanian 6% Portuguese 5% Lithuanian 2%
• Foreign-born: 6% · Canada, China
• Languages at home: 89% English-only · Spanish 10% Chinese 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: ▼ -220.75%
• Current HPI: 229.2067
• Rent YoY: —
• 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

+686.7% since first listed

10 events — show timeline

• 2025-04-21 Sold (Public Records) $177,000 Public Records
• 2025-03-23 Pending — METROMLS
• 2025-03-21 Listed $175,000 METROMLS
• 2024-06-04 Sold (Public Records) $164,000 Public Records
• 2024-05-20 Sold (MLS) $164,000 METROMLS
• 2024-05-01 Contingent — METROMLS
• 2024-05-01 Relisted — METROMLS
• 2024-04-20 Contingent — METROMLS
• 2024-04-16 Listed $156,000 METROMLS
• 1983-05-01 Sold (Public Records) $22,500 Public Records

Property tax history

+0.7%/yr

Latest (2025): $2,384 · +5.6% YoY. Source: county tax records.