Real Estate Investing in Plainfield, Wisconsin
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Should you buy in Plainfield, 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: 22.6% of homes vacant — above national norms.
What’s happening in Plainfield, WI?
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Market Trends — Plainfield, WI
Home Value History
Investing in Plainfield Real Estate
Plainfield, WI covers 1 ZIP codes and a population but the investment metrics here are muted — this is not a market to enter casually.
The investment case for Plainfield is difficult to make on screen data alone. less favorable for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.
Rents in Plainfield at $873/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.
A an established population with $N/AK household income profile is what makes Plainfield a challenging rental market — the tenant base is present, but the affordability math is tight.
Best ZIP codes in Stevens Point, WI
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ZIP Codes in Plainfield, WI
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View PlansFrequently Asked Questions About Plainfield, WI
Do rentals sit vacant long in Plainfield, WI?
Rental vacancy in Plainfield, WI is elevated. Investors should budget normal turnover but not chronic empty units.
What is the median home value in Plainfield, WI?
Expect median prices around $246K in Plainfield, WI. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
How strong is Plainfield, WI for real estate investors?
Plainfield, WI rates 3.0/5 for investability. With median values at $246K and rents near $873/mo, the market offers reasonable fundamentals for rental investors.
Is rental property easy to operate in Plainfield, WI?
Landlord-friendliness in Plainfield, WI is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What are rental rates like in Plainfield, WI?
Average rent in Plainfield, WI is approximately $873/mo per month. Against $246K home values that yields a reasonable rent-to-price ratio.
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