Real Estate Investing in Drummond, Wisconsin
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Should you buy in Drummond, WI? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 56.7% of homes vacant — above national norms.
What’s happening in Drummond, WI?
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Market Trends — Drummond, WI
Home Value History
Investing in Drummond Real Estate
Across Drummond's 1 ZIPs, the picture is tepid: $275K median values, $1,044/mo rents, and a population that has faced real economic pressure.
Drummond is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. unambiguously out-of-state investors should be especially careful with the assumptions they carry in.
The $1,044/mo / $275K relationship in Drummond looks thin once vacancy and capex are incorporated into underwriting. looks to the realized yield tends to disappoint.
Drummond's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.
Landlord Ground Truth
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ZIP Codes in Drummond, WI
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View PlansFrequently Asked Questions About Drummond, WI
How much do tenants pay in Drummond, WI?
Expect rents around $1,044/mo per month in Drummond, WI. With home values at $275K, the yield math works out to reasonable levels for rental investors.
What is the typical renter like in Drummond, WI?
Tenant quality in Drummond, WI ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,044/mo.
How should investors approach Drummond, WI?
Most investors in Drummond, WI run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How strict are landlord regulations in Drummond, WI?
Drummond, WI operates under WI law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
Are homes affordable in Drummond, WI?
Drummond, WI home values average about $275K. That price point suits investors targeting rentals with $1,044/mo in monthly income.
Community Ratings
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