Real Estate Investing in Egg Harbor, Wisconsin (54209)

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

Door County • Population: 1,529 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 54209 (Egg Harbor, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (46/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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
2 flags
  • High vacancy: 64.4% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 30.5 — 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 Egg Harbor, WI (54209)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
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 $445,060
Avg Monthly Rent $1,215
1% Rule ✗ Does Not Meet
Median Income $67,266
% Renters 8.0%

Market Analysis: 54209 Egg Harbor

The 54209 ZIP in Egg Harbor, WI is a local-operator market. Outside capital chasing a $445K entry has to pair deep knowledge with the discount.

The 54209 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Turning to rents, 54209 offers a low basis, the region around Egg Harbor has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

The demographic picture in 54209 includes headwinds that any investor should price in. Income distribution skews lower than Egg Harbor averages, and tenant stability requires active management.

Experienced landlords with local relationships tend to find 54209 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 Egg Harbor:

C+ Average
Buy Confidence Score: 60/100
Affordability
5/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.6× the median income
Value Trend
Rising (+3.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,215/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 54209

Which property type performs best in this market?

Best for Cash Flow
2BR
2.6% cap rate
Best for Appreciation
2BR
+11.8% 5yr CAGR
Best Overall Value
2BR
$185,869/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $371,738 $1,350 2.6% +11.8% $185,869
3BR $641,539 $1,640 1.8% +9.9% $213,846

Market Trends

Home Value History (with trend line)

$474K$411K$349K$286K$223K$160KJan 2012May 2019Jul 2026

📊 How Does 54209 Compare?

Metric 54209 Egg Harbor Wisconsin
Home Value $445,060 $445,060 $320,446
5-Year CAGR 7.9% 7.9% 7.3%
Avg Rent $1,215 $1,215 -
Cap Rate 2.1% 2.1% -
💡 Why Invest in 54209? 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.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 54209 (Egg Harbor, WI). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 54209 (Egg Harbor, WI)?

~25 seconds · no account needed · your report is anonymous

Investability
Good
Cap Rate
2.1%
Low
5yr Growth
+7.9%
Strong

📊 Market Snapshot

Home Value $445,060
Monthly Rent $1,215
Price-to-Rent 30.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.3%
Cap Rate 2.1%
5-Year IRR 10.0%

📈 Home Appreciation

1-Year +3.1% ▲
3-Year CAGR +6.2% ▲
5-Year CAGR +7.9% ▲
10-Year CAGR +7.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). 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.

Vacancy
64.4%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+7.9%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 54209

Population: 1,529

💰 Median Household Income
$67,266
This area
$67,266
State
$73,177
USA
$74,580
🏠 Renter Occupied
8.0%
This area
8.0%
State
22.0%
USA
34.0%
💼 Unemployment Rate
1.9%
This area
1.9%
State
-1.8%
USA
3.7%
🎓 College Educated
45.8%
This area
45.8%
State
17.1%
USA
33.7%
👤 Median Age
60.9 years
This area
60.9 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
64.4%
This area
64.4%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 98.1%
Other/Mixed 1.8%
Hispanic/Latino 1.3%
👶 Under 18
11.4%
This area
11.4%
USA
22.0%
👴 65 and Over
41.3%
This area
41.3%
USA
17.3%
📊 Poverty Rate
8.7%
This area
8.7%
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

Frequently Asked Questions

Should investors worry about vacancy in Egg Harbor, WI?

Vacancy risk in Egg Harbor, WI is elevated. That supports measured cash flow for typical rental holds.

How should investors approach Egg Harbor, WI?

A careful cash-flow rentals with hands-on management strategy Egg Harbor, WI best. The market produces steady results for that approach at the $445K price point.

How strong is tenant demand in Egg Harbor, WI?

The tenant pool in Egg Harbor, WI is solid, supported by local employment and population fundamentals. Rents of $1,215/mo are well-absorbed by the market.

Can I live-in-and-rent in Egg Harbor, WI?

Egg Harbor, WI offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,215/mo rent level.

What is the median home value in Egg Harbor, WI?

Egg Harbor, WI median home values land near $445K. That is reasonable territory for investors looking at $1,215/mo-per-month rentals.

You know 54209 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 54209 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.

Compare Plans
🤖

AI Market Advisor

Ask questions about investing in 54209 (Egg Harbor)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 54209 (Egg Harbor, WI).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.