Real Estate Investing in Stevens Point, Wisconsin (54481)
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Should you buy in 54481 (Stevens Point, WI)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
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.
What’s happening in Stevens Point, WI (54481)?
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Market Analysis: 54481 Stevens Point
ZIP 54481 in Stevens Point, WI carries a significant set of headwinds. Home values near $264K and rents of $1,242/mo sit inside a market where underwriting has to be tight.
The 54481 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Stepping back, 54481 offers a low basis, the region around Stevens Point has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
On the rental side, 27,878 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 54481 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 Stevens Point:
Property Strategy for 54481
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $188,987 | $1,030 | 3.9% | +7.8% | $94,493 |
| 3BR | $249,151 | $1,230 | 3.6% | +7.4% | $83,050 |
| 4BR | $263,683 | $1,360 | 3.7% | +7.0% | $65,921 |
| 5BR | $272,940 | — | — | +6.7% | $54,588 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 54481 Compare?
| Metric | 54481 | Stevens Point | Stevens Point, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $264,213 | $320,014 | N/A | $320,446 |
| 5-Year CAGR | 6.2% | 6.0% | N/A | 7.3% |
| Avg Rent | $1,242 | $1,125 | N/A | - |
| Cap Rate | 3.7% | 2.9% | - | - |
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 54481 (Stevens Point, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $264,213 |
| Monthly Rent | $1,242 |
| Price-to-Rent | 17.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.7% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +8.3% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 Rent Trends
| 1-Year | +1.5% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). 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 54481
Population: 27,878
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 54481
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
Investor Insight: With 1,869 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is real estate in Stevens Point, WI a good investment right now?
Investors tracking Stevens Point, WI will find a 3.0/5 rating supported by $264K median home values and $1,242/mo rents. That profile suits long-term holders targeting consistent returns.
What are vacancy rates like in Stevens Point, WI?
Vacancy risk in Stevens Point, WI is elevated. That supports stable cash flow for typical rental holds.
Are rents high in Stevens Point, WI?
Rental rates in Stevens Point, WI average $1,242/mo. Tenant demand and $264K home values make the yield look reasonable by investor standards.
Is Stevens Point, WI suited for a house hack?
House hacking works a challenging in Stevens Point, WI. Rents of $1,242/mo against $264K acquisition make the strategy solid for owner-occupants.
How strict are landlord regulations in Stevens Point, WI?
Stevens Point, WI falls under WI landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 54481 now. You don’t know where it ranks.
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How 54481 ranks in Stevens Point, WI
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