Real Estate Investing in East Troy, Wisconsin (53120)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53120 (East Troy, 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: 10.9% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 27.8 — 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 East Troy, WI (53120)?
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Market Analysis: 53120 East Troy
ZIP 53120 inside Walworth County looks affordable on the surface — median value of $470K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 53120 is robust only for operators who understand what they are buying. A $470K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 53120's metrics run below Walworth County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 53120 ZIP's population of 10,890 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
Experienced landlords with local relationships tend to find 53120 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in East Troy:
Property Strategy for 53120
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $300,354 | $1,570 | 3.8% | +8.3% | $150,177 |
| 3BR | $424,646 | $1,970 | 3.3% | +8.3% | $141,549 |
| 4BR | $499,048 | $2,540 | 3.7% | +8.1% | $124,762 |
Market Trends
Home Value History (with trend line)
📊 How Does 53120 Compare?
| Metric | 53120 | East Troy | Whitewater, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $470,471 | $470,471 | N/A | $320,446 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 7.3% |
| Avg Rent | $1,413 | $1,413 | N/A | - |
| 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 53120 (East Troy, WI). Anonymous, moderated, never written by AI.
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Property managers serving Walworth County
Manage rentals here? List your business →MPC Property Management offers a wide range of property management services for residential, commercial, and association properties in Wisconsin. summary from their website
BK Property Management LLC offers landscaping services in Delavan, WI. summary from their website
Lakes 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 | $470,471 |
| Monthly Rent | $1,413 |
| Price-to-Rent | 27.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.3% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 53120
Population: 10,890
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 53120
Schools in This ZIP Code
About Repit School Scores
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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.
Frequently Asked Questions
What are home prices like in East Troy, WI?
The median home value in East Troy, WI is roughly $470K. That puts it reasonable relative to the WI statewide average.
Are renters plentiful in East Troy, WI?
East Troy, WI draws a predictable base of working renters. Demand at the $1,413/mo rent level is reasonable for standard single-family and small multi rentals.
How should investors approach East Troy, WI?
In East Troy, WI the notable play is typically careful cash-flow rentals with hands-on management. The combination of $470K prices and $1,413/mo rents suits that approach.
Is rental property easy to operate in East Troy, WI?
Landlord-friendliness in East Troy, WI is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Are rents high in East Troy, WI?
East Troy, WI rentals go for roughly $1,413/mo a month. That puts gross yield in solid territory relative to $470K acquisition costs.
You know 53120 now. You don’t know where it ranks.
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How 53120 ranks in Whitewater, WI
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