Real Estate Investing in Grantsburg, Wisconsin (54840)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 54840 (Grantsburg, 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: 36.8% 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 Grantsburg, WI (54840)?
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Market Analysis: 54840 Grantsburg
The 54840 ZIP covers a section of Grantsburg that demands careful diligence. Prices near $264K look accessible, but the work to make a deal cash flow is real.
Rent of $945/mo on a $264K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 54840 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Grantsburg have seen price recovery that 54840 has not matched. Burnett County data supports the view that the spread is structural rather than temporary.
The demographic picture in 54840 includes headwinds that any investor should price in. Income distribution skews lower than Grantsburg averages, and tenant stability requires active management.
Distressed ZIPs reward experience. significant returns are possible in 54840, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Grantsburg:
Property Strategy for 54840
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $229,316 | $1,050 | 3.3% | +11.0% | $114,658 |
| 3BR | $287,581 | $1,260 | 3.2% | +11.1% | $95,860 |
Market Trends
Home Value History (with trend line)
📊 How Does 54840 Compare?
| Metric | 54840 | Grantsburg | Wisconsin |
|---|---|---|---|
| Home Value | $263,852 | $263,852 | $320,446 |
| 5-Year CAGR | 7.3% | 7.3% | 7.3% |
| Avg Rent | $945 | $945 | - |
| Cap Rate | 2.8% | 2.8% | - |
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 54840 (Grantsburg, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $263,852 |
| Monthly Rent | $945 |
| Price-to-Rent | 23.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +8.1% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +8.2% ▲ |
🏠 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 (2.8%). 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 54840
Population: 4,706
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 54840
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 579 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do home prices stand in Grantsburg, WI?
Grantsburg, WI home values average about $264K. That price point suits investors targeting rentals with $945/mo in monthly income.
What is the renter demographic in Grantsburg, WI?
Grantsburg, WI offers a consistent renter base at the $945/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is Grantsburg, WI suited for a house hack?
The a challenging house-hack environment in Grantsburg, WI reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How quickly do rentals get leased in Grantsburg, WI?
Grantsburg, WI carries elevated vacancy risk. Expect measured absorption at market rents of $945/mo.
What do landlords charge for rent in Grantsburg, WI?
Expect rents around $945/mo per month in Grantsburg, WI. With home values at $264K, the yield math works out to reasonable levels for rental investors.
You know 54840 now. You don’t know where it ranks.
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