Real Estate Investing in Presque Isle, Wisconsin (54557)

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

Vilas County • Population: 1,061 • Data updated: September 2026

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Should you buy in 54557 (Presque Isle, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (48/100)

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: 76.4% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 40.3 — 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 Presque Isle, WI (54557)?

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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 $496,508
Avg Monthly Rent $1,026
1% Rule ✗ Does Not Meet
Median Income $93,984
% Renters 2.6%

Market Analysis: 54557 Presque Isle

The 54557 ZIP in Presque Isle, WI is a local-operator market. Outside capital chasing a $497K entry has to pair deep knowledge with the discount.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $497K asset, 54557 is the wrong submarket. If the plan prices in friction, the yield can still work.

In the broader WI picture, 54557 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Who lives in 54557 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Strategy in 54557 is an operator game, not a passive one. Put differently, entry prices of $497K are inviting, the management lift is real and non-optional.

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 Presque Isle:

C+ Average
Buy Confidence Score: 62/100
Affordability
10/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.3× the median income
Value Trend
Rising (+11.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,026/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)

$516K$459K$403K$346K$290K$233KApr 2009Dec 2017Jul 2026

📊 How Does 54557 Compare?

Metric 54557 Presque Isle Wisconsin
Home Value $496,508 $496,508 $320,446
5-Year CAGR 5.9% 5.9% 7.3%
Avg Rent $1,026 $1,026 -
Cap Rate 1.6% 1.6% -
💡 Why Invest in 54557? 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 54557 (Presque Isle, WI). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
1.6%
Low
5yr Growth
+5.9%
Moderate

📊 Market Snapshot

Home Value $496,508
Monthly Rent $1,026
Price-to-Rent 40.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 2.5%
Cap Rate 1.6%
5-Year IRR 7.5%

📈 Home Appreciation

1-Year +11.6% ▲
3-Year CAGR +4.4% ▲
5-Year CAGR +5.9% ▲
10-Year CAGR +4.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.6%). 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
76.4%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.9%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 54557

Population: 1,061

💰 Median Household Income
$93,984
This area
$93,984
State
$73,177
USA
$74,580
🏠 Renter Occupied
2.6%
This area
2.6%
State
22.0%
USA
34.0%
💼 Unemployment Rate
1.2%
This area
1.2%
State
-1.8%
USA
3.7%
🎓 College Educated
43.3%
This area
43.3%
State
17.1%
USA
33.7%
👤 Median Age
66.3 years
This area
66.3 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
76.4%
This area
76.4%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 94.8%
Other/Mixed 4.4%
Hispanic/Latino 2.3%
Black/African American 0.8%
👶 Under 18
5.4%
This area
5.4%
USA
22.0%
👴 65 and Over
52.2%
This area
52.2%
USA
17.3%
📊 Poverty Rate
4.0%
This area
4.0%
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

What is the typical vacancy rate in Presque Isle, WI?

Presque Isle, WI vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What does house hacking look like in Presque Isle, WI?

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

Are rents high in Presque Isle, WI?

Presque Isle, WI rentals go for roughly $1,026/mo a month. That puts gross yield in solid territory relative to $497K acquisition costs.

What is the median home value in Presque Isle, WI?

Expect median prices around $497K in Presque Isle, WI. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.

How should investors approach Presque Isle, WI?

In Presque Isle, WI the solid play is typically careful cash-flow rentals with hands-on management. The combination of $497K prices and $1,026/mo rents suits that approach.

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