Real Estate Investing in Brookfield, Wisconsin (53005)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53005 (Brookfield, WI)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Brookfield, WI (53005)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 53005 Brookfield
On balance, ZIP 53005 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $515K median. It rewards specialists, not generalists.
For an experienced owner, 53005 can be a an appealing option for hunting ground — but the discount at $515K reflects genuine risk that outside investors often underestimate.
The gap between 53005 and stronger Brookfield ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 53005 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 53005 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Brookfield:
Property Strategy for 53005
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $422,203 | $2,010 | 3.4% | +6.9% | $211,102 |
| 3BR | $436,438 | $2,480 | 4.1% | +7.2% | $145,479 |
| 4BR | $575,137 | $2,680 | 3.4% | +7.6% | $143,784 |
| 5BR | $701,842 | — | — | +8.0% | $140,368 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 53005 Compare?
| Metric | 53005 | Brookfield | Milwaukee-Waukesha, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $515,086 | $534,973 | N/A | $320,446 |
| 5-Year CAGR | 6.6% | 6.3% | N/A | 7.3% |
| Avg Rent | $2,098 | $2,206 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 53005 (Brookfield, WI). Anonymous, moderated, never written by AI.
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Property managers serving Waukesha County
Manage rentals here? List your business →Home Path Property Management offers home rentals, build-to-rent options, and vacation rentals in the Milwaukee Area. summary from their website
MPC Property Management offers a wide range of property management services for residential, commercial, and association properties in Wisconsin. summary from their website
Diamond Property Management LLC appears to offer property management services based on the domain and name, though homepage content is technical. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $515,086 |
| Monthly Rent | $2,098 |
| Price-to-Rent | 20.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | -8.0% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 53005
Population: 22,125
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 53005
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Pilgrim Park Middle
Wisconsin Hills Middle
Brookfield Elementary
Tonawanda Elementary
Fairview South
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much is rent in Brookfield, WI?
Investors in Brookfield, WI typically see rents near $2,098/mo per month against $515K home values - a solid setup for rental cash flow.
What kind of vacancy should I budget for in Brookfield, WI?
Brookfield, WI carries elevated vacancy risk. Expect even-keeled absorption at market rents of $2,098/mo.
Is Brookfield, WI a good place for real estate investing?
Brookfield, WI scores 3.0/5 for investability. Home values sit at $515K and rents near $2,098/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How viable is house hacking in Brookfield, WI?
House hacking works a challenging in Brookfield, WI. Rents of $2,098/mo against $515K acquisition make the strategy solid for owner-occupants.
How landlord-friendly is Brookfield, WI?
Brookfield, WI falls under WI landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 53005 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 53005 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 53005 ranks in Milwaukee-Waukesha, WI
Every ZIP in this metro, ranked. Free.
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