Real Estate Investing in Bloomington, Wisconsin (53804)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53804 (Bloomington, 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.
- Elevated vacancy: 9.0% 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 Bloomington, WI (53804)?
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Market Analysis: 53804 Bloomington
In practical terms, ZIP 53804 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $194K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $194K asset, 53804 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 53804 sits on the difficult end of the WI spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
A substantial renter share of 15% in 53804 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Bloomington:
Market Trends
Home Value History (with trend line)
📊 How Does 53804 Compare?
| Metric | 53804 | Bloomington | Platteville, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $193,977 | $193,977 | N/A | $320,446 |
| 5-Year CAGR | 7.8% | 7.8% | N/A | 7.3% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 53804 (Bloomington, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $193,977 |
| Monthly Rent | $873 |
| Price-to-Rent | 18.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 11.3% |
📈 Home Appreciation
| 1-Year | +9.8% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +7.8% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (3.5%). 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 53804
Population: 1,294
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
Frequently Asked Questions
Does Bloomington, WI make sense for an investment property?
With a 3.0/5 investability score, Bloomington, WI ranks as a solid market for rental property investors. Median prices of $194K and rents of $873/mo drive the underlying numbers.
What do rentals go for in Bloomington, WI?
Average rent in Bloomington, WI is approximately $873/mo per month. Against $194K home values that yields a reasonable rent-to-price ratio.
What are vacancy rates like in Bloomington, WI?
Vacancy in Bloomington, WI is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $873/mo.
Is Bloomington, WI a good market for FHA house hackers?
Bloomington, WI is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $194K price point reasonable to enter.
What is the smart move for investors in Bloomington, WI?
Most investors in Bloomington, WI run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 53804 now. You don’t know where it ranks.
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How 53804 ranks in Platteville, WI
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