Real Estate Investing in Lisbon, Wisconsin (53089)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53089 (Lisbon, 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 37.8 — hard to cash-flow at these prices.
What’s happening in Lisbon, WI (53089)?
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Market Analysis: 53089 Lisbon
Investors eyeing 53089 need to respect the fundamentals at play. Home values of $556K come alongside slower price movement and elevated management overhead.
Looking more closely, the numbers look inviting — $556K purchase price, 0.0% nominal cap — the work to hit that pro forma in 53089 is substantial and deserves full respect.
Nearby ZIPs in Lisbon have seen price recovery that 53089 has not matched. Waukesha County data supports the view that the spread is structural rather than temporary.
Looking more closely, 20,202 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 53089 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 Lisbon:
Property Strategy for 53089
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $331,197 | $1,560 | 3.4% | +7.8% | $165,599 |
| 3BR | $461,410 | $1,920 | 3.0% | +7.3% | $153,803 |
| 4BR | $613,205 | $2,080 | 2.4% | +7.7% | $153,301 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 53089 Compare?
| Metric | 53089 | Lisbon | Milwaukee-Waukesha, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $556,373 | $556,373 | N/A | $320,446 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 7.3% |
| Avg Rent | $1,228 | $1,228 | N/A | - |
| Cap Rate | 1.7% | 1.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 53089 (Lisbon, 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 | $556,373 |
| Monthly Rent | $1,228 |
| Price-to-Rent | 37.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.7% |
| Cap Rate | 1.7% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 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 (1.7%). 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 53089
Population: 20,202
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 53089
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
Is real estate in Lisbon, WI a good investment right now?
Lisbon, WI rates 3.0/5 for investability. With median values at $556K and rents near $1,228/mo, the market offers reasonable fundamentals for rental investors.
How qualified is the tenant pool in Lisbon, WI?
Expect a solid tenant pool in Lisbon, WI. The rental market absorbs $1,228/mo rents without meaningful friction.
What is the typical rental rate in Lisbon, WI?
The typical rental in Lisbon, WI commands about $1,228/mo monthly. That rent profile consistent cash flow against the $556K purchase basis.
Should investors worry about vacancy in Lisbon, WI?
Vacancy in Lisbon, WI is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,228/mo.
Does house hacking make sense in Lisbon, WI?
House hacking in Lisbon, WI is reasonable to execute. Prices around $556K and rents of $1,228/mo solid owner-occupant economics.
You know 53089 now. You don’t know where it ranks.
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How 53089 ranks in Milwaukee-Waukesha, WI
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