Real Estate Investing in Roberts, Wisconsin (54023)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Saint Croix County • Population: 4,612 • Data updated: September 2026

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Should you buy in 54023 (Roberts, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (73/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Roberts, WI (54023)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $414,039
Avg Monthly Rent $2,350
1% Rule ✗ Does Not Meet
Median Income $102,072
% Renters 17.4%

Market Analysis: 54023 Roberts

Looking more closely, ZIP 54023 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $414K median. It rewards specialists, not generalists.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $414K asset, 54023 is the wrong submarket. If the plan prices in friction, the yield can still work.

Regionally, 54023 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 resilient renter share of 17% in 54023 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Experienced landlords with local relationships tend to find 54023 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Roberts:

C+ Average
Buy Confidence Score: 63/100
Affordability
15/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.1× the median income
Value Trend
Stable (+2.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,350/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 54023

Which property type performs best in this market?

Best for Cash Flow
3BR
5.3% cap rate
Best for Appreciation
4BR
+5.5% 5yr CAGR
Best Overall Value
4BR
$108,218/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $359,667 $2,650 5.3% +4.5% $119,889
4BR $432,873 $2,960 4.9% +5.5% $108,218

Market Trends

Home Value History (with trend line)

$438K$376K$313K$251K$189K$126KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

No data available

📊 How Does 54023 Compare?

Metric 54023 Roberts Wisconsin
Home Value $414,039 $414,039 $320,446
5-Year CAGR 3.6% 3.6% 7.3%
Avg Rent $2,350 $2,350 -
Cap Rate 4.4% 4.4% -
💡 Why Invest in 54023? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 54023 (Roberts, WI). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 54023 (Roberts, WI)?

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Investability
Good
Cap Rate
4.4%
Fair
5yr Growth
+3.6%
Moderate

📊 Market Snapshot

Home Value $414,039
Monthly Rent $2,350
Price-to-Rent 14.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.8%
Cap Rate 4.4%
5-Year IRR 8.1%

📈 Home Appreciation

1-Year +2.2% ▲
3-Year CAGR +2.8% ▲
5-Year CAGR +3.6% ▲
10-Year CAGR +6.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). 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.

Vacancy
2.6%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.6%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 54023

Population: 4,612

💰 Median Household Income
$102,072
This area
$102,072
State
$73,177
USA
$74,580
🏠 Renter Occupied
17.4%
This area
17.4%
State
22.0%
USA
34.0%
💼 Unemployment Rate
2.1%
This area
2.1%
State
-1.8%
USA
3.7%
🎓 College Educated
32.7%
This area
32.7%
State
17.1%
USA
33.7%
👤 Median Age
36.0 years
This area
36.0 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
2.6%
This area
2.6%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 92.2%
Other/Mixed 4.1%
Hispanic/Latino 3.2%
Asian 2.1%
Black/African American 1.6%
👶 Under 18
28.6%
This area
28.6%
USA
22.0%
👴 65 and Over
9.4%
This area
9.4%
USA
17.3%
📊 Poverty Rate
3.8%
This area
3.8%
USA
11.5%

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 54023

A Avg School Grade
1 Schools
13.1:1 Avg Class Size
$14,458 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Saint Croix Central Elementary

📚 Pre-K – 04 Elementary
👥
635 Students
👨‍🏫
13.1:1 Class Size
💰
$14,458 Per Student
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

1 Nearby 126 Off-Campus Students
C+
University of Wisconsin-River Falls
5,064 students · 9.2 mi

Frequently Asked Questions

How does Roberts, WI rate as a rental market?

Roberts, WI rates 3.0/5 for investability. With median values at $414K and rents near $2,350/mo, the market offers reasonable fundamentals for rental investors.

What is the typical rental rate in Roberts, WI?

Investors in Roberts, WI typically see rents near $2,350/mo per month against $414K home values - a solid setup for rental cash flow.

Which real estate strategy fits Roberts, WI?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Roberts, WI. The numbers - $414K homes against $2,350/mo rents - support that play.

Can owner-occupants cash flow in Roberts, WI?

Roberts, WI is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $414K price point reasonable to enter.

Are there empty rentals in Roberts, WI?

Roberts, WI sees elevated vacancy, which is reasonable relative to the broader WI rental market.

You know 54023 now. You don’t know where it ranks.

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How 54023 ranks in Minneapolis-St. Paul-Bloomington, MN-WI

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Cash Flow → Appreciation → Affordable →
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