Real Estate Investing in Verona, Wisconsin (53593)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53593 (Verona, 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 Verona, WI (53593)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 53593 Verona
Investors eyeing 53593 need to respect the fundamentals at play. Home values of $600K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 53593 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader WI picture, 53593 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 53593 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Verona's stable or hybrid ZIPs before stepping into 53593. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Verona:
Property Strategy for 53593
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $345,768 | $1,910 | 4.0% | +6.9% | $172,884 |
| 3BR | $499,252 | $2,520 | 3.6% | +6.9% | $166,417 |
| 4BR | $646,965 | $2,830 | 3.1% | +7.2% | $161,741 |
| 5BR | $861,062 | — | — | +7.7% | $172,212 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 53593 Compare?
| Metric | 53593 | Verona | Madison, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $599,663 | $599,663 | N/A | $320,446 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 7.3% |
| Avg Rent | $2,078 | $2,078 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
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 53593 (Verona, 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 | $599,663 |
| Monthly Rent | $2,078 |
| Price-to-Rent | 24.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +2.9% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 Rent Trends
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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 53593
Population: 29,479
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 53593
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 1,736 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How tight is the rental market in Verona, WI?
Verona, WI vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Is Verona, WI good for landlords?
The landlord environment in Verona, WI is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What is the average home sale price in Verona, WI?
Median home price in Verona, WI is near $600K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.
Does house hacking make sense in Verona, WI?
House hacking in Verona, WI is a challenging. With home values around $600K and rents at $2,078/mo, owner-occupants can offset a meaningful share of PITI.
How deep is the rental pool in Verona, WI?
Verona, WI offers a measured renter base at the $2,078/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 53593 now. You don’t know where it ranks.
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How 53593 ranks in Madison, WI
Every ZIP in this metro, ranked. Free.
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