Real Estate Investing in Argyle, Wisconsin (53504)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53504 (Argyle, WI)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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 28.3 — 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 Argyle, WI (53504)?
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Market Analysis: 53504 Argyle
The 53504 ZIP covers a section of Argyle that demands careful diligence. Prices near $297K look accessible, but the work to make a deal cash flow is real.
Rent of $873/mo on a $297K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 53504 sits below the stated 0.0% once reality is priced in.
On balance, 53504 offers a low basis, the region around Argyle has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A significant renter share of 18% in 53504 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. healthy returns are possible in 53504, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Argyle:
Market Trends
Home Value History (with trend line)
📊 How Does 53504 Compare?
| Metric | 53504 | Argyle | Madison, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $296,724 | $296,724 | N/A | $320,446 |
| 5-Year CAGR | 8.7% | 8.7% | N/A | 7.3% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 53504 (Argyle, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $296,724 |
| Monthly Rent | $873 |
| Price-to-Rent | 28.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 11.0% |
📈 Home Appreciation
| 1-Year | +12.3% ▲ |
| 3-Year CAGR | +9.2% ▲ |
| 5-Year CAGR | +8.7% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 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 (2.3%). 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 53504
Population: 2,233
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 53504
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 house hacking profitable in Argyle, WI?
House hacking works a challenging in Argyle, WI. Rents of $873/mo against $297K acquisition make the strategy solid for owner-occupants.
How strict are landlord regulations in Argyle, WI?
Rental owners in Argyle, WI deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Is Argyle, WI a smart market for rental property?
With a 3.0/5 investability score, Argyle, WI ranks as a solid market for rental property investors. Median prices of $297K and rents of $873/mo drive the underlying numbers.
What do rentals go for in Argyle, WI?
Average rent in Argyle, WI is approximately $873/mo per month. Against $297K home values that yields a reasonable rent-to-price ratio.
Are renters plentiful in Argyle, WI?
Argyle, WI draws a predictable base of working renters. Demand at the $873/mo rent level is reasonable for standard single-family and small multi rentals.
You know 53504 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 53504 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 53504 ranks in Madison, WI
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