Real Estate Investing in Cable, Wisconsin (54821)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 54821 (Cable, WI)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 59.4% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 37.2 — 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 Cable, WI (54821)?
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Market Analysis: 54821 Cable
Investors eyeing 54821 need to respect the fundamentals at play. Home values of $390K come alongside slower price movement and elevated management overhead.
Looking more closely, the numbers look inviting — $390K purchase price, 0.0% nominal cap — the work to hit that pro forma in 54821 is substantial and deserves full respect.
On the rental side, 54821 offers a low basis, the region around Cable has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 54821 ZIP's population of 1,512 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
appears 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.
Here's what matters if you're considering buying a home in Cable:
Property Strategy for 54821
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $326,975 | $970 | 2.1% | +8.9% | $163,487 |
| 3BR | $416,439 | $1,280 | 2.2% | +7.9% | $138,813 |
Market Trends
Home Value History (with trend line)
📊 How Does 54821 Compare?
| Metric | 54821 | Cable | Wisconsin |
|---|---|---|---|
| Home Value | $389,506 | $389,506 | $320,446 |
| 5-Year CAGR | 4.8% | 4.8% | 7.3% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 1.8% | 1.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 54821 (Cable, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $389,506 |
| Monthly Rent | $873 |
| Price-to-Rent | 37.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.7% |
| Cap Rate | 1.8% |
| 5-Year IRR | 6.5% |
📈 Home Appreciation
| 1-Year | +8.3% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (1.8%). 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 54821
Population: 1,512
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 tight is the rental market in Cable, WI?
Expect elevated vacancy in Cable, WI. Rents at $873/mo are absorbed by the tenant base without meaningful lag.
Is Cable, WI a friendly market for rental owners?
WI ranks as a landlord-friendly state for landlord-tenant law. Cable generally follows the statewide framework, so landlords face reasonable operating rules.
Does Cable, WI make sense for an investment property?
Cable, WI rates 3.0/5 for investability. With median values at $390K and rents near $873/mo, the market offers reasonable fundamentals for rental investors.
Is the tenant base reliable in Cable, WI?
Expect a solid tenant pool in Cable, WI. The rental market absorbs $873/mo rents without meaningful friction.
What do landlords charge for rent in Cable, WI?
Cable, WI rentals go for roughly $873/mo a month. That puts gross yield in solid territory relative to $390K acquisition costs.
You know 54821 now. You don’t know where it ranks.
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