Real Estate Investing in Fennimore, Wisconsin (53809)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53809 (Fennimore, 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.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Fennimore, WI (53809)?
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Market Analysis: 53809 Fennimore
This part of Grant County is not an easy win. The 53809 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
From a cash-flow lens, the numbers look inviting — $216K purchase price, 0.0% nominal cap — the work to hit that pro forma in 53809 is substantial and deserves full respect.
Regionally, 53809 sits on the difficult end of the WI spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Meanwhile, 4,701 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.
New investors are better served looking at Fennimore's stable or hybrid ZIPs before stepping into 53809. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Fennimore:
Market Trends
Home Value History (with trend line)
📊 How Does 53809 Compare?
| Metric | 53809 | Fennimore | Platteville, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $216,357 | $216,357 | N/A | $320,446 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 7.3% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
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 53809 (Fennimore, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $216,357 |
| Monthly Rent | $873 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.2% |
| 5-Year IRR | 9.4% |
📈 Home Appreciation
| 1-Year | +9.4% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (3.2%). 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 53809
Population: 4,701
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 53809
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 790 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the smart move for investors in Fennimore, WI?
In Fennimore, WI the solid play is typically careful cash-flow rentals with hands-on management. The combination of $216K prices and $873/mo rents suits that approach.
Is Fennimore, WI landlord-friendly?
WI ranks as a landlord-friendly state for landlord-tenant law. Fennimore generally follows the statewide framework, so landlords face reasonable operating rules.
What kind of vacancy should I budget for in Fennimore, WI?
Occupancy in Fennimore, WI runs reliable with elevated vacancy. Well-priced units at $873/mo lease on reasonable timelines.
Can I house hack in Fennimore, WI?
Fennimore, WI is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $216K price point reasonable to enter.
What is the typical rental rate in Fennimore, WI?
The typical rental in Fennimore, WI commands about $873/mo monthly. That rent profile measured cash flow against the $216K purchase basis.
You know 53809 now. You don’t know where it ranks.
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How 53809 ranks in Platteville, WI
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