Real Estate Investing in Prescott, Wisconsin (54021)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 54021 (Prescott, 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 Prescott, WI (54021)?
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Market Analysis: 54021 Prescott
Not every below-median market is a bargain. Prescott's 54021 ZIP registers signals that favor experienced operators who can absorb the risk $417K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 54021 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within WI, ZIP 54021 trails on several market indicators that neighboring Pierce County submarkets outperform. The gap is real and healthy enough to shape underwriting.
The demographic picture in 54021 includes headwinds that any investor should price in. Income distribution skews lower than Prescott averages, and tenant stability requires active management.
The 54021 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Prescott:
Property Strategy for 54021
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $312,925 | $1,550 | 3.6% | +6.3% | $156,462 |
| 3BR | $347,781 | $2,050 | 4.2% | +6.4% | $115,927 |
| 4BR | $422,393 | $2,300 | 3.9% | +6.7% | $105,598 |
Market Trends
Home Value History (with trend line)
📊 How Does 54021 Compare?
| Metric | 54021 | Prescott | Wisconsin |
|---|---|---|---|
| Home Value | $416,932 | $416,932 | $320,446 |
| 5-Year CAGR | 5.4% | 5.4% | 7.3% |
| Avg Rent | $1,395 | $1,395 | - |
| Cap Rate | 2.6% | 2.6% | - |
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 54021 (Prescott, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $416,932 |
| Monthly Rent | $1,395 |
| Price-to-Rent | 24.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (2.6%). 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 54021
Population: 7,341
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 54021
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
Frequently Asked Questions
How much rent can I charge in Prescott, WI?
Prescott, WI rentals go for roughly $1,395/mo a month. That puts gross yield in solid territory relative to $417K acquisition costs.
What is the typical vacancy rate in Prescott, WI?
Occupancy in Prescott, WI runs reliable with elevated vacancy. Well-priced units at $1,395/mo lease on reasonable timelines.
How much does a house cost in Prescott, WI?
In Prescott, WI the median home value sits at $417K. Against the broader WI market, that reads as reasonable for most investors.
Is Prescott, WI a friendly market for rental owners?
For rental operators, Prescott, WI rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What kind of tenants rent in Prescott, WI?
Prescott, WI offers a even-keeled renter base at the $1,395/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 54021 now. You don’t know where it ranks.
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How 54021 ranks in Minneapolis-St. Paul-Bloomington, MN-WI
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