Real Estate Investing in North Freedom, Wisconsin (53951)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53951 (North Freedom, WI)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.1% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 30.6 — 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 North Freedom, WI (53951)?
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Market Analysis: 53951 North Freedom
The 53951 ZIP covers a section of North Freedom that demands careful diligence. Prices near $334K look accessible, but the work to make a deal cash flow is real.
Rent of $909/mo on a $334K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 53951 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 53951 among WI's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 53951 includes headwinds that any investor should price in. Income distribution skews lower than North Freedom averages, and tenant stability requires active management.
New investors are better served looking at North Freedom's stable or hybrid ZIPs before stepping into 53951. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in North Freedom:
Market Trends
Home Value History (with trend line)
📊 How Does 53951 Compare?
| Metric | 53951 | North Freedom | Baraboo, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $333,591 | $333,591 | N/A | $320,446 |
| 5-Year CAGR | 4.1% | 4.1% | N/A | 7.3% |
| Avg Rent | $909 | $909 | N/A | - |
| Cap Rate | 2.1% | 2.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 53951 (North Freedom, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $333,591 |
| Monthly Rent | $909 |
| Price-to-Rent | 30.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.1% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +8.7% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 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 (2.1%). 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 53951
Population: 2,571
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 53951
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 North Freedom, WI a good place for real estate investing?
The 3.0/5 investability rating in North Freedom, WI reflects its $334K prices and $909/mo rents. Investors generally consider it a solid option within WI.
Which real estate strategy fits North Freedom, WI?
North Freedom, WI investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($334K prices, $909/mo rents) make it a reasonable choice.
What are rental rates like in North Freedom, WI?
Rents in North Freedom, WI run near $909/mo. Compared with median home prices of $334K that produces solid gross yields for typical rentals.
Is WI a landlord-friendly state?
WI ranks as a landlord-friendly state for landlord-tenant law. North Freedom generally follows the statewide framework, so landlords face reasonable operating rules.
Is housing expensive in North Freedom, WI?
Typical homes in North Freedom, WI go for around $334K. The 5-year CAGR of 0.0% steady price movement.
You know 53951 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 53951 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 53951 ranks in Baraboo, WI
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