Real Estate Investing in Kiel, Wisconsin (53042)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53042 (Kiel, 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.
- High price-to-rent: Price-to-rent ratio 28.3 — 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 Kiel, WI (53042)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 53042 Kiel
The 53042 ZIP in Kiel, WI is a local-operator market. Outside capital chasing a $327K entry has to pair deep knowledge with the discount.
Rent of $963/mo on a $327K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 53042 sits below the stated 0.0% once reality is priced in.
ZIP 53042's metrics run below Manitowoc's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 53042 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 53042 is an operator game, not a passive one. Turning to rents, entry prices of $327K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Kiel:
Property Strategy for 53042
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $299,747 | $1,380 | 3.3% | +9.7% | $99,916 |
| 4BR | $342,613 | $1,430 | 3.0% | +9.5% | $85,653 |
Market Trends
Home Value History (with trend line)
📊 How Does 53042 Compare?
| Metric | 53042 | Kiel | Wisconsin |
|---|---|---|---|
| Home Value | $326,783 | $326,783 | $320,446 |
| 5-Year CAGR | 7.6% | 7.6% | 7.3% |
| Avg Rent | $963 | $963 | - |
| Cap Rate | 2.3% | 2.3% | - |
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 53042 (Kiel, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $326,783 |
| Monthly Rent | $963 |
| Price-to-Rent | 28.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (2.3%). 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 53042
Population: 6,681
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 53042
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
What is the renter demographic in Kiel, WI?
Kiel, WI offers a measured renter base at the $963/mo rent level. Tenant turnover is reasonable for well-managed properties.
What kind of market is Kiel, WI for investors?
Our data puts Kiel, WI at 3.0/5 for investability. Home prices of $327K and rents around $963/mo create a solid backdrop for investor activity.
What are home prices like in Kiel, WI?
The median home value in Kiel, WI is roughly $327K. That puts it reasonable relative to the WI statewide average.
Should investors worry about vacancy in Kiel, WI?
Vacancy in Kiel, WI is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $963/mo.
Are landlord laws favorable in Kiel, WI?
Rental owners in Kiel, WI deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 53042 now. You don’t know where it ranks.
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