Real Estate Investing in Belleville, Wisconsin (53508)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53508 (Belleville, 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.
- High price-to-rent: Price-to-rent ratio 30.8 — 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 Belleville, WI (53508)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 53508 Belleville
Not every below-median market is a bargain. Belleville's 53508 ZIP posts signals that favor experienced operators who can absorb the risk $442K pricing implies.
The investment case in 53508 is durable only for operators who understand what they are buying. A $442K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 53508 and stronger Belleville ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A substantial renter share of 14% in 53508 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 53508 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Belleville:
Property Strategy for 53508
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $279,714 | $1,330 | 3.4% | +8.3% | $139,857 |
| 3BR | $386,930 | $1,750 | 3.3% | +7.6% | $128,977 |
| 4BR | $467,299 | $1,950 | 3.0% | +7.1% | $116,825 |
Market Trends
Home Value History (with trend line)
📊 How Does 53508 Compare?
| Metric | 53508 | Belleville | Madison, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $441,990 | $441,990 | N/A | $320,446 |
| 5-Year CAGR | 6.1% | 6.1% | N/A | 7.3% |
| Avg Rent | $1,197 | $1,197 | N/A | - |
| Cap Rate | 2.1% | 2.1% | - | - |
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 53508 (Belleville, WI). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 53508 (Belleville, WI)?
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Property managers serving Dane County
Manage rentals here? List your business →Evans Property Management Services, LLC (PRIMA™) offers pet-friendly apartments and rentals in and around Madison, WI. summary from their website
Kader Property Management offers residential and multi-family property management services in Madison. summary from their website
Madison Property offers apartments and housing for rent in Madison, WI. 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 | $441,990 |
| Monthly Rent | $1,197 |
| Price-to-Rent | 30.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.1% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (2.1%). 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 53508
Population: 5,711
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 53508
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What kind of vacancy should I budget for in Belleville, WI?
Occupancy in Belleville, WI runs stable with elevated vacancy. Well-priced units at $1,197/mo lease on reasonable timelines.
What is it like being a landlord in Belleville, WI?
WI ranks as a landlord-friendly state for landlord-tenant law. Belleville generally follows the statewide framework, so landlords face reasonable operating rules.
Are tenants stable in Belleville, WI?
Working renters make up the core of the Belleville, WI tenant base. The pool is reasonable for investors targeting long-term holds.
Is Belleville, WI suited for a house hack?
The a challenging house-hack environment in Belleville, WI reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What is the best play in Belleville, WI?
For Belleville, WI, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 53508 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 53508 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 53508 ranks in Madison, WI
Every ZIP in this metro, ranked. Free.
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