Real Estate Investing in Eagle, Wisconsin (53119)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53119 (Eagle, 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.
- Elevated vacancy: 10.3% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 43.3 — 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 Eagle, WI (53119)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 53119 Eagle
The 53119 ZIP in Eagle, WI is a local-operator market. Outside capital chasing a $547K entry has to pair deep knowledge with the discount.
The investment case in 53119 is solid only for operators who understand what they are buying. A $547K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Eagle have seen price recovery that 53119 has not matched. Waukesha County data supports the view that the spread is structural rather than temporary.
Resident income in 53119 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 53119 is an operator game, not a passive one. From an investor standpoint, entry prices of $547K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Eagle:
Market Trends
Home Value History (with trend line)
📊 How Does 53119 Compare?
| Metric | 53119 | Eagle | Milwaukee-Waukesha, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $546,985 | $546,985 | N/A | $320,446 |
| 5-Year CAGR | 6.7% | 6.7% | N/A | 7.3% |
| Avg Rent | $1,053 | $1,053 | N/A | - |
| Cap Rate | 1.5% | 1.5% | - | - |
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 53119 (Eagle, WI). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 53119 (Eagle, WI)?
~25 seconds · no account needed · your report is anonymous
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 | $546,985 |
| Monthly Rent | $1,053 |
| Price-to-Rent | 43.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.3% |
| Cap Rate | 1.5% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +9.4% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (1.5%). 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 53119
Population: 5,732
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 53119
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 506 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do home prices stand in Eagle, WI?
Eagle, WI home values average about $547K. That price point suits investors targeting rentals with $1,053/mo in monthly income.
Is Eagle, WI a good market for buy-and-hold investors?
Our data puts Eagle, WI at 3.0/5 for investability. Home prices of $547K and rents around $1,053/mo create a solid backdrop for investor activity.
Do landlords face vacancy issues in Eagle, WI?
Rental vacancy in Eagle, WI is elevated. Investors should budget normal turnover but not chronic empty units.
What is it like being a landlord in Eagle, WI?
WI law landlord-friendly for landlords, and Eagle inherits those rules. Investors should still review local ordinances for rental licensing.
How strong is tenant demand in Eagle, WI?
Eagle, WI draws a steady base of working renters. Demand at the $1,053/mo rent level is reasonable for standard single-family and small multi rentals.
You know 53119 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 53119 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 53119 ranks in Milwaukee-Waukesha, WI
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 53119 (Eagle)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 53119 (Eagle, WI).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.