Real Estate Investing in Bovina, Wisconsin (54170)

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

Outagamie County • Population: 3,767 • Data updated: September 2026

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Should you buy in 54170 (Bovina, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High price-to-rent: Price-to-rent ratio 32.9 — 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 Bovina, WI (54170)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $358,308
Avg Monthly Rent $909
1% Rule ✗ Does Not Meet
Median Income $76,000
% Renters 13.1%

Market Analysis: 54170 Bovina

Investors eyeing 54170 need to respect the fundamentals at play. Home values of $358K come alongside slower price movement and elevated management overhead.

The 54170 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Nearby ZIPs in Bovina have seen price recovery that 54170 has not matched. Outagamie County data supports the view that the spread is structural rather than temporary.

The demographic picture in 54170 includes headwinds that any investor should price in. Income distribution skews lower than Bovina averages, and tenant stability requires active management.

Strategically, 54170 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

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 Bovina:

C+ Average
Buy Confidence Score: 63/100
Affordability
10/25
Appreciation
25/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.7× the median income
Value Trend
Rising (+11.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $909/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Appleton, WI Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
4.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Appleton, WI metro data
🏠

Property Strategy for 54170

Which property type performs best in this market?

Best for Cash Flow
3BR
3.5% cap rate
Best for Appreciation
4BR
+8.4% 5yr CAGR
Best Overall Value
4BR
$83,726/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $283,826 $1,380 3.5% +8.3% $94,609
4BR $334,902 $1,440 3.1% +8.4% $83,726

Market Trends

Home Value History (with trend line)

$374K$329K$283K$238K$193K$147KJul 2006Jul 2016Jul 2026

📊 How Does 54170 Compare?

Metric 54170 Bovina Appleton, WI Wisconsin
Home Value $358,308 $358,308 N/A $320,446
5-Year CAGR 7.1% 7.1% N/A 7.3%
Avg Rent $909 $909 N/A -
Cap Rate 2.0% 2.0% - -
💡 Why Invest in 54170? 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 →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 54170 (Bovina, WI). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.0%
Low
5yr Growth
+7.1%
Strong

📉 Market Crash Risk Index

Based on Appleton, WI metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
26%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $358,308
Monthly Rent $909
Price-to-Rent 32.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.0%
Cap Rate 2.0%
5-Year IRR 9.1%

📈 Home Appreciation

1-Year +11.3% ▲
3-Year CAGR +6.8% ▲
5-Year CAGR +7.1% ▲
10-Year CAGR +7.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.0%). 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
5.6%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+7.1%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 54170

Population: 3,767

💰 Median Household Income
$76,000
This area
$76,000
State
$73,177
USA
$74,580
🏠 Renter Occupied
13.1%
This area
13.1%
State
22.0%
USA
34.0%
💼 Unemployment Rate
1.9%
This area
1.9%
State
-1.8%
USA
3.7%
🎓 College Educated
18.2%
This area
18.2%
State
17.1%
USA
33.7%
👤 Median Age
42.1 years
This area
42.1 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
5.6%
This area
5.6%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 96.3%
Other/Mixed 3.6%
Hispanic/Latino 2.7%
Asian 0.1%
👶 Under 18
23.3%
This area
23.3%
USA
22.0%
👴 65 and Over
18.4%
This area
18.4%
USA
17.3%
📊 Poverty Rate
5.2%
This area
5.2%
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 54170

A Avg School Grade
2 Schools
11.2:1 Avg Class Size
$16,739 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Shiocton Elementary

📚 Pre-K – 08 School
👥
507 Students
👨‍🏫
10.7:1 Class Size
💰
$16,739 Per Student
A Very Good

Shiocton High

📚 09 – 12 High School
👥
214 Students
👨‍🏫
11.8:1 Class Size
💰
$16,739 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.

Frequently Asked Questions

Are renters plentiful in Bovina, WI?

Expect a solid tenant pool in Bovina, WI. The rental market absorbs $909/mo rents without meaningful friction.

How does Bovina, WI stack up for property investment?

The 3.0/5 investability rating in Bovina, WI reflects its $358K prices and $909/mo rents. Investors generally consider it a solid option within WI.

What strategy should investors use in Bovina, WI?

In Bovina, WI the durable play is typically careful cash-flow rentals with hands-on management. The combination of $358K prices and $909/mo rents suits that approach.

Can owner-occupants cash flow in Bovina, WI?

The house hack math a challenging in Bovina, WI. Owner-occupant buyers benefit from the $909/mo rents and $358K home values.

Where do home prices stand in Bovina, WI?

Typical homes in Bovina, WI go for around $358K. The 5-year CAGR of 0.0% even-keeled price movement.

You know 54170 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 54170 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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How 54170 ranks in Appleton, WI

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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