Real Estate Investing in Richfield, Wisconsin (53076)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53076 (Richfield, WI)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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 37.1 — 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 Richfield, WI (53076)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 53076 Richfield
This part of Washington County is not an easy win. The 53076 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 53076 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
From a cash-flow lens, 53076 offers a low basis, the region around Richfield has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 53076 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Richfield's stable or hybrid ZIPs before stepping into 53076. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Richfield:
Property Strategy for 53076
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $511,762 | $1,860 | 2.6% | +7.2% | $170,587 |
| 4BR | $627,776 | $2,010 | 2.3% | +7.0% | $156,944 |
Market Trends
Home Value History (with trend line)
📊 How Does 53076 Compare?
| Metric | 53076 | Richfield | Milwaukee-Waukesha, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $605,095 | $568,013 | N/A | $320,446 |
| 5-Year CAGR | 6.4% | 5.9% | N/A | 7.3% |
| Avg Rent | $1,359 | $1,476 | N/A | - |
| Cap Rate | 1.8% | 2.0% | - | - |
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 53076 (Richfield, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $605,095 |
| Monthly Rent | $1,359 |
| Price-to-Rent | 37.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.7% |
| Cap Rate | 1.8% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (1.8%). 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 53076
Population: 3,283
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 53076
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 4,204 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What do rentals go for in Richfield, WI?
Rental rates in Richfield, WI average $1,359/mo. Tenant demand and $605K home values make the yield look reasonable by investor standards.
How deep is the rental pool in Richfield, WI?
The tenant pool in Richfield, WI is solid, supported by local employment and population fundamentals. Rents of $1,359/mo are well-absorbed by the market.
What is the typical home price in Richfield, WI?
Homes in Richfield, WI typically sell near $605K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
What type of investing works in Richfield, WI?
A careful cash-flow rentals with hands-on management strategy Richfield, WI best. The market produces predictable results for that approach at the $605K price point.
Is house hacking profitable in Richfield, WI?
House hacking works a challenging in Richfield, WI. Rents of $1,359/mo against $605K acquisition make the strategy solid for owner-occupants.
You know 53076 now. You don’t know where it ranks.
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How 53076 ranks in Milwaukee-Waukesha, WI
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