Real Estate Investing in Ephraim, Wisconsin (54211)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 54211 (Ephraim, 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: 73.1% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 36.9 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ephraim, WI (54211)?
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Market Analysis: 54211 Ephraim
Investors eyeing 54211 need to respect the fundamentals at play. Home values of $470K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 54211 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 54211's metrics run below Door County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A resilient renter share of 9% in 54211 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 54211 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.
Here's what matters if you're considering buying a home in Ephraim:
Market Trends
Home Value History (with trend line)
📊 How Does 54211 Compare?
| Metric | 54211 | Ephraim | Wisconsin |
|---|---|---|---|
| Home Value | $470,021 | $470,021 | $320,446 |
| 5-Year CAGR | 5.7% | 5.7% | 7.3% |
| Avg Rent | $1,062 | $1,062 | - |
| Cap Rate | 1.8% | 1.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 54211 (Ephraim, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $470,021 |
| Monthly Rent | $1,062 |
| Price-to-Rent | 36.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.7% |
| Cap Rate | 1.8% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (1.8%). 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 54211
Population: 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
Frequently Asked Questions
How does Ephraim, WI rate as a rental market?
Our data puts Ephraim, WI at 3.0/5 for investability. Home prices of $470K and rents around $1,062/mo create a solid backdrop for investor activity.
What investment strategy works best in Ephraim, WI?
Investors usually favor careful cash-flow rentals with hands-on management in Ephraim, WI. With home values at $470K and rents near $1,062/mo, other strategies can work but produce steady rather than outsized returns.
What is the typical rental rate in Ephraim, WI?
Expect rents around $1,062/mo per month in Ephraim, WI. With home values at $470K, the yield math works out to reasonable levels for rental investors.
What does house hacking look like in Ephraim, WI?
House hacking works a challenging in Ephraim, WI. Rents of $1,062/mo against $470K acquisition make the strategy solid for owner-occupants.
Do landlords face vacancy issues in Ephraim, WI?
Occupancy in Ephraim, WI runs predictable with elevated vacancy. Well-priced units at $1,062/mo lease on reasonable timelines.
You know 54211 now. You don’t know where it ranks.
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