Real Estate Investing in Neosho, Wisconsin (53059)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53059 (Neosho, 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 45.1 — 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 Neosho, WI (53059)?
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Market Analysis: 53059 Neosho
This part of Dodge County is not an easy win. The 53059 ZIP sits at 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 53059 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within WI, ZIP 53059 trails on several market indicators that neighboring Dodge County submarkets outperform. The gap is real and durable enough to shape underwriting.
Demographically, 53059 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 53059 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Neosho:
Market Trends
Home Value History (with trend line)
📊 How Does 53059 Compare?
| Metric | 53059 | Neosho | Beaver Dam, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $472,271 | $472,271 | N/A | $320,446 |
| 5-Year CAGR | 7.4% | 7.4% | N/A | 7.3% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 1.4% | 1.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 53059 (Neosho, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $472,271 |
| Monthly Rent | $873 |
| Price-to-Rent | 45.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.2% |
| Cap Rate | 1.4% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +11.8% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +7.4% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 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 (1.4%). 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 53059
Population: 1,902
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 53059
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
Frequently Asked Questions
Where do home prices stand in Neosho, WI?
Neosho, WI home values average about $472K. That price point suits investors targeting rentals with $873/mo in monthly income.
Which investment style suits Neosho, WI?
A careful cash-flow rentals with hands-on management strategy Neosho, WI best. The market produces even-keeled results for that approach at the $472K price point.
How strong is tenant demand in Neosho, WI?
Neosho, WI draws a predictable base of working renters. Demand at the $873/mo rent level is reasonable for standard single-family and small multi rentals.
Is house hacking profitable in Neosho, WI?
House hacking in Neosho, WI is reasonable to execute. Prices around $472K and rents of $873/mo solid owner-occupant economics.
How strict are landlord regulations in Neosho, WI?
Neosho, WI operates under WI law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
You know 53059 now. You don’t know where it ranks.
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How 53059 ranks in Beaver Dam, WI
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