Real Estate Investing in Tomahawk, Wisconsin (54487)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 54487 (Tomahawk, 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.
- High vacancy: 41.8% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 28.3 — 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 Tomahawk, WI (54487)?
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Market Analysis: 54487 Tomahawk
ZIP 54487 inside Lincoln County looks affordable on the surface — median value of $296K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 54487 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader WI picture, 54487 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 54487 ZIP's population of 9,740 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
Experienced landlords with local relationships tend to find 54487 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Tomahawk:
Property Strategy for 54487
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $240,965 | $970 | 2.9% | +9.2% | $120,483 |
| 3BR | $327,662 | $1,320 | 2.9% | +9.0% | $109,221 |
Market Trends
Home Value History (with trend line)
📊 How Does 54487 Compare?
| Metric | 54487 | Tomahawk | Wausau-Weston, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $295,975 | $295,975 | N/A | $320,446 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 7.3% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 54487 (Tomahawk, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $295,975 |
| Monthly Rent | $873 |
| Price-to-Rent | 28.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +8.2% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (2.3%). 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 54487
Population: 9,740
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 54487
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.
Frequently Asked Questions
How much is rent in Tomahawk, WI?
Tomahawk, WI rentals go for roughly $873/mo a month. That puts gross yield in solid territory relative to $296K acquisition costs.
Do rentals sit vacant long in Tomahawk, WI?
Expect elevated vacancy in Tomahawk, WI. Rents at $873/mo are absorbed by the tenant base without meaningful lag.
How do home values compare in Tomahawk, WI?
In Tomahawk, WI the median home value sits at $296K. Against the broader WI market, that reads as reasonable for most investors.
How strict are landlord regulations in Tomahawk, WI?
Tomahawk, WI operates under WI law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
Is the tenant base reliable in Tomahawk, WI?
The renter base in Tomahawk, WI is reasonable for the $873/mo price point. Screening well and pricing to market typically yields even-keeled tenants.
You know 54487 now. You don’t know where it ranks.
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How 54487 ranks in Wausau-Weston, WI
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