Real Estate Investing in Walworth, Wisconsin (53184)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53184 (Walworth, 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: 8.5% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 33.4 — 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 Walworth, WI (53184)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 53184 Walworth
On balance, ZIP 53184 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $411K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 53184 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 53184 sits on the difficult end of the WI spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 53184 includes headwinds that any investor should price in. Income distribution skews lower than Walworth averages, and tenant stability requires active management.
Strategically, 53184 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 Walworth:
Market Trends
Home Value History (with trend line)
📊 How Does 53184 Compare?
| Metric | 53184 | Walworth | Whitewater, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $411,378 | $411,378 | N/A | $320,446 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 7.3% |
| Avg Rent | $1,026 | $1,026 | N/A | - |
| Cap Rate | 2.0% | 2.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 53184 (Walworth, 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 | $411,378 |
| Monthly Rent | $1,026 |
| Price-to-Rent | 33.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 2.0% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 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 (2.0%). 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 53184
Population: 4,233
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 53184
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Fontana Elementary
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
Where do rents currently stand in Walworth, WI?
Rent in Walworth, WI is around $1,026/mo. The resulting rent-to-value relationship with $411K pricing is reasonable for most investor models.
How do experienced investors play Walworth, WI?
Walworth, WI investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($411K prices, $1,026/mo rents) make it a reasonable choice.
How much should I expect to pay for a home in Walworth, WI?
Walworth, WI median home values land near $411K. That is reasonable territory for investors looking at $1,026/mo-per-month rentals.
Is WI a landlord-friendly state?
WI ranks as a landlord-friendly state for landlord-tenant law. Walworth generally follows the statewide framework, so landlords face reasonable operating rules.
What does house hacking look like in Walworth, WI?
House hacking in Walworth, WI is reasonable to execute. Prices around $411K and rents of $1,026/mo solid owner-occupant economics.
You know 53184 now. You don’t know where it ranks.
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How 53184 ranks in Whitewater, WI
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