Real Estate Investing in Sugar Creek, Wisconsin (53121)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53121 (Sugar Creek, WI)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.4% vacancy may signal weakening demand.
What’s happening in Sugar Creek, WI (53121)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 53121 Sugar Creek
ZIP 53121 in Sugar Creek, WI carries a solid set of headwinds. Home values near $404K and rents of $1,545/mo sit inside a market where underwriting has to be tight.
The 53121 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within WI, ZIP 53121 trails on several market indicators that neighboring Walworth County submarkets outperform. The gap is real and significant enough to shape underwriting.
Employment concentration in 53121 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 53121 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Sugar Creek:
Property Strategy for 53121
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $287,153 | $1,130 | 2.8% | +8.1% | $143,576 |
| 3BR | $380,019 | $1,420 | 2.7% | +8.0% | $126,673 |
| 4BR | $461,216 | $1,830 | 2.9% | +7.5% | $115,304 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 53121 Compare?
| Metric | 53121 | Sugar Creek | Whitewater, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $403,574 | $403,574 | N/A | $320,446 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 7.3% |
| Avg Rent | $1,545 | $1,545 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
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 53121 (Sugar Creek, 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 | $403,574 |
| Monthly Rent | $1,545 |
| Price-to-Rent | 21.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (3.0%). 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 53121
Population: 18,640
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 53121
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
How much rent can I charge in Sugar Creek, WI?
Rents in Sugar Creek, WI run near $1,545/mo. Compared with median home prices of $404K that produces solid gross yields for typical rentals.
How qualified is the tenant pool in Sugar Creek, WI?
Expect a solid tenant pool in Sugar Creek, WI. The rental market absorbs $1,545/mo rents without meaningful friction.
Does Sugar Creek, WI make sense for an investment property?
With a 3.0/5 investability score, Sugar Creek, WI ranks as a solid market for rental property investors. Median prices of $404K and rents of $1,545/mo drive the underlying numbers.
Do landlords face vacancy issues in Sugar Creek, WI?
Expect elevated vacancy in Sugar Creek, WI. Rents at $1,545/mo are absorbed by the tenant base without meaningful lag.
Is Sugar Creek, WI a friendly market for rental owners?
Sugar Creek, WI falls under WI landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 53121 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 53121 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 53121 ranks in Whitewater, WI
Every ZIP in this metro, ranked. Free.
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