Real Estate Investing in Waterloo, Wisconsin (53594)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53594 (Waterloo, 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.
- High price-to-rent: Price-to-rent ratio 25.3 — 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 Waterloo, WI (53594)?
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Market Analysis: 53594 Waterloo
Investors eyeing 53594 need to respect the fundamentals at play. Home values of $364K come alongside slower price movement and elevated management overhead.
Rent of $1,197/mo on a $364K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 53594 sits below the stated 0.0% once reality is priced in.
Within WI, ZIP 53594 trails on several market indicators that neighboring Jefferson County submarkets outperform. The gap is real and healthy enough to shape underwriting.
Demographically, 53594 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, 53594 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 Waterloo:
Market Trends
Home Value History (with trend line)
📊 How Does 53594 Compare?
| Metric | 53594 | Waterloo | Watertown-Fort Atkinson, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $363,958 | $363,958 | N/A | $320,446 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 7.3% |
| Avg Rent | $1,197 | $1,197 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 53594 (Waterloo, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $363,958 |
| Monthly Rent | $1,197 |
| Price-to-Rent | 25.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (2.6%). 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 53594
Population: 5,187
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 53594
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
Frequently Asked Questions
What do rentals go for in Waterloo, WI?
Rents in Waterloo, WI run near $1,197/mo. Compared with median home prices of $364K that produces solid gross yields for typical rentals.
Is Waterloo, WI a friendly market for rental owners?
Waterloo, WI operates under WI law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
What is the rental occupancy rate in Waterloo, WI?
Rental vacancy in Waterloo, WI is elevated. Investors should budget normal turnover but not chronic empty units.
What is the best play in Waterloo, WI?
The best-fit strategy in Waterloo, WI is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What kind of market is Waterloo, WI for investors?
Waterloo, WI scores 3.0/5 for investability. Home values sit at $364K and rents near $1,197/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 53594 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 53594 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 53594 ranks in Watertown-Fort Atkinson, WI
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