Real Estate Investing in Montello, Wisconsin (53949)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53949 (Montello, 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: 30.7% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 25.9 — 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 Montello, WI (53949)?
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Market Analysis: 53949 Montello
ZIP 53949 inside Marquette County looks affordable on the surface — median value of $271K — but the discount exists for reasons that a careful buyer should understand before committing.
Stepping back, the numbers look inviting — $271K purchase price, 0.0% nominal cap — the work to hit that pro forma in 53949 is substantial and deserves full respect.
Regionally, 53949 sits on the difficult end of the WI spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
The 53949 ZIP's population of 6,291 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
Experienced landlords with local relationships tend to find 53949 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Montello:
Property Strategy for 53949
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $216,665 | $970 | 3.2% | +11.2% | $108,332 |
| 3BR | $290,260 | $1,250 | 3.1% | +10.6% | $96,753 |
Market Trends
Home Value History (with trend line)
📊 How Does 53949 Compare?
| Metric | 53949 | Montello | Wisconsin |
|---|---|---|---|
| Home Value | $270,917 | $270,917 | $320,446 |
| 5-Year CAGR | 8.3% | 8.3% | 7.3% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 2.5% | 2.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 53949 (Montello, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $270,917 |
| Monthly Rent | $873 |
| Price-to-Rent | 25.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 10.9% |
📈 Home Appreciation
| 1-Year | +7.8% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +8.3% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 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 (2.5%). 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 53949
Population: 6,291
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 53949
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
How strong is Montello, WI for real estate investors?
Montello, WI rates 3.0/5 for investability. With median values at $271K and rents near $873/mo, the market offers reasonable fundamentals for rental investors.
How tight is the rental market in Montello, WI?
Montello, WI carries elevated vacancy risk. Expect reliable absorption at market rents of $873/mo.
What is the average monthly rent in Montello, WI?
Rent in Montello, WI is around $873/mo. The resulting rent-to-value relationship with $271K pricing is reasonable for most investor models.
How should investors approach Montello, WI?
In Montello, WI the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $271K prices and $873/mo rents suits that approach.
Is Montello, WI good for landlords?
Montello, WI falls under WI landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 53949 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 53949 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.
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