Real Estate Investing in Sharon, Wisconsin (53585)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53585 (Sharon, 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.
No major risk flags on the data we track.
What’s happening in Sharon, WI (53585)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 53585 Sharon
ZIP 53585 inside Walworth County looks affordable on the surface — median value of $310K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 53585 can be a a credible choice for hunting ground — but the discount at $310K reflects genuine risk that outside investors often underestimate.
Regionally, 53585 sits on the difficult end of the WI spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
On balance, 2,238 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The 53585 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 Sharon:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 53585 Compare?
| Metric | 53585 | Sharon | Whitewater, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $309,973 | $309,973 | N/A | $320,446 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 7.3% |
| Avg Rent | $1,193 | $1,193 | 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 53585 (Sharon, 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 | $309,973 |
| Monthly Rent | $1,193 |
| Price-to-Rent | 21.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 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 (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 53585
Population: 2,238
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 53585
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
How do landlord-tenant laws work in Sharon, WI?
The landlord environment in Sharon, WI is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
How qualified is the tenant pool in Sharon, WI?
Working renters make up the core of the Sharon, WI tenant base. The pool is reasonable for investors targeting long-term holds.
Can owner-occupants cash flow in Sharon, WI?
The house hack math a challenging in Sharon, WI. Owner-occupant buyers benefit from the $1,193/mo rents and $310K home values.
Is Sharon, WI a smart market for rental property?
Yes - Sharon, WI a 3.0/5 investability score. With $310K home prices against $1,193/mo monthly rent, the market delivers a reasonable entry point for new investors.
Are homes affordable in Sharon, WI?
Typical homes in Sharon, WI go for around $310K. The 5-year CAGR of 0.0% even-keeled price movement.
You know 53585 now. You don’t know where it ranks.
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How 53585 ranks in Whitewater, WI
Every ZIP in this metro, ranked. Free.
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