Real Estate Investing in Argonne, Wisconsin (54511)

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

Forest County • Population: 1,375 • Data updated: September 2026

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Should you buy in 54511 (Argonne, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

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 vacancy: 61.8% of homes vacant — above national norms.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Argonne, WI (54511)?

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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 $193,038
Avg Monthly Rent $900
1% Rule ✗ Does Not Meet
Median Income $57,255
% Renters 9.6%

Market Analysis: 54511 Argonne

In practical terms, ZIP 54511 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $193K median. It rewards specialists, not generalists.

Distressed markets are won on execution, not on spreadsheets. ZIP 54511 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Nearby ZIPs in Argonne have seen price recovery that 54511 has not matched. Forest County data supports the view that the spread is structural rather than temporary.

Resident income in 54511 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

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 Argonne:

B Good
Buy Confidence Score: 72/100
Affordability
20/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.4× the median income
Value Trend
Rising (+16.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $900/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.

Market Trends

Home Value History (with trend line)

$202K$179K$156K$134K$111K$88KJan 2012May 2019Jul 2026

📊 How Does 54511 Compare?

Metric 54511 Argonne Wisconsin
Home Value $193,038 $193,038 $320,446
5-Year CAGR 5.7% 5.7% 7.3%
Avg Rent $900 $900 -
Cap Rate 3.6% 3.6% -
💡 Why Invest in 54511? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 54511 (Argonne, WI). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.6%
Low
5yr Growth
+5.7%
Moderate

📊 Market Snapshot

Home Value $193,038
Monthly Rent $900
Price-to-Rent 17.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.6%
Cap Rate 3.6%
5-Year IRR 9.3%

📈 Home Appreciation

1-Year +16.5% ▲
3-Year CAGR +3.5% ▲
5-Year CAGR +5.7% ▲
10-Year CAGR +5.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
61.8%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.7%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 54511

Population: 1,375

💰 Median Household Income
$57,255
This area
$57,255
State
$73,177
USA
$74,580
🏠 Renter Occupied
9.6%
This area
9.6%
State
22.0%
USA
34.0%
💼 Unemployment Rate
2.4%
This area
2.4%
State
-1.8%
USA
3.7%
🎓 College Educated
15.7%
This area
15.7%
State
17.1%
USA
33.7%
👤 Median Age
52.7 years
This area
52.7 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
61.8%
This area
61.8%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 92.2%
Other/Mixed 6.3%
Hispanic/Latino 2.5%
Asian 1.1%
Black/African American 0.5%
👶 Under 18
17.9%
This area
17.9%
USA
22.0%
👴 65 and Over
28.6%
This area
28.6%
USA
17.3%
📊 Poverty Rate
3.0%
This area
3.0%
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

How landlord-friendly is Argonne, WI?

The landlord environment in Argonne, WI is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

What is the tenant pool like in Argonne, WI?

The tenant pool in Argonne, WI is solid, supported by local employment and population fundamentals. Rents of $900/mo are well-absorbed by the market.

What do landlords charge for rent in Argonne, WI?

Rent in Argonne, WI is around $900/mo. The resulting rent-to-value relationship with $193K pricing is reasonable for most investor models.

Does a duplex house hack pencil in Argonne, WI?

The a challenging house-hack environment in Argonne, WI reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

How should investors approach Argonne, WI?

Most investors in Argonne, WI run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

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