Real Estate Investing in Dodgeville, Wisconsin (53533)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53533 (Dodgeville, 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: 10.7% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 26.1 — 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 Dodgeville, WI (53533)?
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Market Analysis: 53533 Dodgeville
ZIP 53533 inside Iowa County looks affordable on the surface — median value of $341K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 53533 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 53533's metrics run below Iowa County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 53533 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 53533 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 Dodgeville:
Property Strategy for 53533
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $215,505 | $1,210 | 4.0% | +8.7% | $107,752 |
| 3BR | $304,446 | $1,590 | 3.8% | +8.8% | $101,482 |
Market Trends
Home Value History (with trend line)
📊 How Does 53533 Compare?
| Metric | 53533 | Dodgeville | Madison, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $340,730 | $340,730 | N/A | $320,446 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 7.3% |
| Avg Rent | $1,089 | $1,089 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
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 53533 (Dodgeville, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $340,730 |
| Monthly Rent | $1,089 |
| Price-to-Rent | 26.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 9.4% |
📈 Home Appreciation
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (2.5%). 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 53533
Population: 7,368
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 53533
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.
Frequently Asked Questions
Is Dodgeville in WI worth investing in?
Dodgeville, WI scores 3.0/5 for investability. Home values sit at $341K and rents near $1,089/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How much is rent in Dodgeville, WI?
Average rent in Dodgeville, WI is approximately $1,089/mo per month. Against $341K home values that yields a reasonable rent-to-price ratio.
What type of investing works in Dodgeville, WI?
Most investors in Dodgeville, WI run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How much does a house cost in Dodgeville, WI?
The median home value in Dodgeville, WI is roughly $341K. That puts it reasonable relative to the WI statewide average.
What kind of vacancy should I budget for in Dodgeville, WI?
Rental vacancy in Dodgeville, WI is elevated. Investors should budget normal turnover but not chronic empty units.
You know 53533 now. You don’t know where it ranks.
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How 53533 ranks in Madison, WI
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