Real Estate Investing in Frederic, Wisconsin (54837)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 54837 (Frederic, 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: 24.2% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 25.1 — 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 Frederic, WI (54837)?
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Market Analysis: 54837 Frederic
On balance, ZIP 54837 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $271K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $271K asset, 54837 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within WI, ZIP 54837 trails on several market indicators that neighboring Polk County submarkets outperform. The gap is real and substantial enough to shape underwriting.
Turning to rents, 3,689 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
tilts toward 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 Frederic:
Property Strategy for 54837
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $227,964 | $1,000 | 3.2% | +10.0% | $113,982 |
| 3BR | $279,293 | $1,210 | 3.1% | +10.4% | $93,098 |
Market Trends
Home Value History (with trend line)
📊 How Does 54837 Compare?
| Metric | 54837 | Frederic | Wisconsin |
|---|---|---|---|
| Home Value | $271,248 | $271,248 | $320,446 |
| 5-Year CAGR | 6.1% | 6.1% | 7.3% |
| Avg Rent | $900 | $900 | - |
| Cap Rate | 2.6% | 2.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 54837 (Frederic, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $271,248 |
| Monthly Rent | $900 |
| Price-to-Rent | 25.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +10.7% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 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 (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 54837
Population: 3,689
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 54837
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
Do landlords face vacancy issues in Frederic, WI?
Rental vacancy in Frederic, WI is elevated. Investors should budget normal turnover but not chronic empty units.
Are renters plentiful in Frederic, WI?
Frederic, WI draws a consistent base of working renters. Demand at the $900/mo rent level is reasonable for standard single-family and small multi rentals.
What approach is best for Frederic, WI real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Frederic, WI. The numbers - $271K homes against $900/mo rents - support that play.
How much does a house cost in Frederic, WI?
In Frederic, WI the median home value sits at $271K. Against the broader WI market, that reads as reasonable for most investors.
Are rents high in Frederic, WI?
Frederic, WI rentals go for roughly $900/mo a month. That puts gross yield in solid territory relative to $271K acquisition costs.
You know 54837 now. You don’t know where it ranks.
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