Real Estate Investing in Gays Mills, Wisconsin (54631)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 54631 (Gays Mills, 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: 25.5% 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 Gays Mills, WI (54631)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 54631 Gays Mills
ZIP 54631 inside Crawford looks affordable on the surface — median value of $266K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 54631 can be a a viable market for hunting ground — but the discount at $266K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Gays Mills have seen price recovery that 54631 has not matched. Crawford data supports the view that the spread is structural rather than temporary.
Resident income in 54631 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 54631 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 Gays Mills:
Market Trends
Home Value History (with trend line)
📊 How Does 54631 Compare?
| Metric | 54631 | Gays Mills | Wisconsin |
|---|---|---|---|
| Home Value | $266,161 | $266,161 | $320,446 |
| 5-Year CAGR | 5.6% | 5.6% | 7.3% |
| Avg Rent | $900 | $900 | - |
| Cap Rate | 2.6% | 2.6% | - |
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 54631 (Gays Mills, WI). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 54631 (Gays Mills, WI)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $266,161 |
| Monthly Rent | $900 |
| Price-to-Rent | 24.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.6% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +10.0% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 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 (2.6%). 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.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 54631
Population: 1,828
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 quickly do rentals get leased in Gays Mills, WI?
Gays Mills, WI carries elevated vacancy risk. Expect measured absorption at market rents of $900/mo.
What kind of tenants rent in Gays Mills, WI?
Gays Mills, WI offers a stable renter base at the $900/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is the investability score for Gays Mills, WI?
Gays Mills, WI reports an investability rating of 3.0/5, with median home values near $266K and average rents around $900/mo. That combination puts it in the significant tier for investor interest.
How do experienced investors play Gays Mills, WI?
The best-fit strategy in Gays Mills, WI is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What do rentals go for in Gays Mills, WI?
Rental rates in Gays Mills, WI average $900/mo. Tenant demand and $266K home values make the yield look reasonable by investor standards.
You know 54631 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 54631 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
AI Market Advisor
Ask questions about investing in 54631 (Gays Mills)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 54631 (Gays Mills, WI).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.