Real Estate Investing in Shullsburg, Wisconsin (53586)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53586 (Shullsburg, 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: 9.9% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Shullsburg, WI (53586)?
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Market Analysis: 53586 Shullsburg
ZIP 53586 in Shullsburg, WI carries a healthy set of headwinds. Home values near $202K and rents of $873/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 53586 can be a a credible choice for hunting ground — but the discount at $202K reflects genuine risk that outside investors often underestimate.
From a cash-flow lens, 53586 offers a low basis, the region around Shullsburg has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 53586 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.
Strategically, 53586 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 Shullsburg:
Market Trends
Home Value History (with trend line)
📊 How Does 53586 Compare?
| Metric | 53586 | Shullsburg | Wisconsin |
|---|---|---|---|
| Home Value | $201,836 | $201,836 | $320,446 |
| 5-Year CAGR | 5.8% | 5.8% | 7.3% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 3.4% | 3.4% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 53586 (Shullsburg, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $201,836 |
| Monthly Rent | $873 |
| Price-to-Rent | 19.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (3.4%). 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 53586
Population: 2,336
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 53586
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
Should investors worry about vacancy in Shullsburg, WI?
Vacancy in Shullsburg, WI is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $873/mo.
Are landlord laws favorable in Shullsburg, WI?
Shullsburg, WI operates under WI law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
Is Shullsburg, WI a good place for real estate investing?
Yes - Shullsburg, WI a 3.0/5 investability score. With $202K home prices against $873/mo monthly rent, the market delivers a reasonable entry point for new investors.
Can owner-occupants cash flow in Shullsburg, WI?
Shullsburg, WI offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $873/mo rent level.
How strong are rents in Shullsburg, WI?
The typical rental in Shullsburg, WI commands about $873/mo monthly. That rent profile even-keeled cash flow against the $202K purchase basis.
You know 53586 now. You don’t know where it ranks.
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Community Ratings
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