Real Estate Investing in Rhine, Wisconsin (53020)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53020 (Rhine, WI)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 20.1% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 32.0 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Rhine, WI (53020)?
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Market Analysis: 53020 Rhine
The 53020 ZIP in Rhine, WI is a local-operator market. Outside capital chasing a $470K entry has to pair deep knowledge with the discount.
On the rental side, the numbers look inviting — $470K purchase price, 0.0% nominal cap — the work to hit that pro forma in 53020 is substantial and deserves full respect.
Within WI, ZIP 53020 trails on several market indicators that neighboring Sheboygan County submarkets outperform. The gap is real and resilient enough to shape underwriting.
The 53020 ZIP's population of 3,553 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
Strategy in 53020 is an operator game, not a passive one. In practical terms, entry prices of $470K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Rhine:
Market Trends
Home Value History (with trend line)
📊 How Does 53020 Compare?
| Metric | 53020 | Rhine | Sheboygan, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $469,947 | $469,947 | N/A | $320,446 |
| 5-Year CAGR | 6.8% | 6.8% | N/A | 7.3% |
| Avg Rent | $1,224 | $1,224 | N/A | - |
| Cap Rate | 2.0% | 2.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 53020 (Rhine, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $469,947 |
| Monthly Rent | $1,224 |
| Price-to-Rent | 32.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.1% |
| Cap Rate | 2.0% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +8.0% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.0%). 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 53020
Population: 3,553
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 53020
Schools in This ZIP Code
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
Investor Insight: With 1,201 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong are rents in Rhine, WI?
The typical rental in Rhine, WI commands about $1,224/mo monthly. That rent profile reliable cash flow against the $470K purchase basis.
Should investors worry about vacancy in Rhine, WI?
Vacancy in Rhine, WI is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,224/mo.
Should investors consider Rhine, WI?
With a 3.0/5 investability score, Rhine, WI ranks as a solid market for rental property investors. Median prices of $470K and rents of $1,224/mo drive the underlying numbers.
Does Rhine, WI favor landlords or tenants?
Rhine, WI operates under WI law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
Is housing expensive in Rhine, WI?
Rhine, WI median home values land near $470K. That is reasonable territory for investors looking at $1,224/mo-per-month rentals.
You know 53020 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 53020 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 53020 ranks in Sheboygan, WI
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