Real Estate Investing in Deerfield, Wisconsin (53531)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53531 (Deerfield, WI)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Deerfield, WI (53531)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 53531 Deerfield
This part of Dane County is not an easy win. The 53531 ZIP shows softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $1,725/mo on a $437K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 53531 sits below the stated 0.0% once reality is priced in.
On balance, 53531 offers a low basis, the region around Deerfield has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 53531 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 53531 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Deerfield:
Property Strategy for 53531
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $416,077 | $1,750 | 3.0% | +6.8% | $138,692 |
| 4BR | $482,949 | $1,950 | 2.9% | +6.9% | $120,737 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 53531 Compare?
| Metric | 53531 | Deerfield | Madison, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $436,800 | $436,800 | N/A | $320,446 |
| 5-Year CAGR | 5.3% | 5.3% | N/A | 7.3% |
| Avg Rent | $1,725 | $1,725 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 53531 (Deerfield, WI). Anonymous, moderated, never written by AI.
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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 | $436,800 |
| Monthly Rent | $1,725 |
| Price-to-Rent | 21.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (3.1%). 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 53531
Population: 4,369
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 53531
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 6,175 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is the working-renter base in Deerfield, WI?
Tenant demand in Deerfield, WI is solid. The local workforce $1,725/mo rents across most rental classes.
How viable is house hacking in Deerfield, WI?
House hacking in Deerfield, WI is a challenging. With home values around $437K and rents at $1,725/mo, owner-occupants can offset a meaningful share of PITI.
How do home values compare in Deerfield, WI?
In Deerfield, WI the median home value sits at $437K. Against the broader WI market, that reads as reasonable for most investors.
Are rents high in Deerfield, WI?
Deerfield, WI rentals go for roughly $1,725/mo a month. That puts gross yield in solid territory relative to $437K acquisition costs.
Is Deerfield, WI landlord-friendly?
WI ranks as a landlord-friendly state for landlord-tenant law. Deerfield generally follows the statewide framework, so landlords face reasonable operating rules.
You know 53531 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 53531 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 53531 ranks in Madison, WI
Every ZIP in this metro, ranked. Free.
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