Real Estate Investing in Port Wing, Wisconsin (54865)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 54865 (Port Wing, 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: 49.0% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Port Wing, WI (54865)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 54865 Port Wing
ZIP 54865 inside Bayfield County looks affordable on the surface — median value of $253K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 54865 can be a a viable market for hunting ground — but the discount at $253K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Port Wing have seen price recovery that 54865 has not matched. Bayfield County data supports the view that the spread is structural rather than temporary.
Employment concentration in 54865 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 54865 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 Port Wing:
Market Trends
Home Value History (with trend line)
📊 How Does 54865 Compare?
| Metric | 54865 | Port Wing | Wisconsin |
|---|---|---|---|
| Home Value | $252,714 | $252,714 | $320,446 |
| 5-Year CAGR | 3.8% | 3.8% | 7.3% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 2.7% | 2.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 54865 (Port Wing, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $252,714 |
| Monthly Rent | $873 |
| Price-to-Rent | 24.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 6.5% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (2.7%). 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 54865
Population: 492
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 54865
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
Is Port Wing, WI better for rentals, flips, or BRRRR?
Port Wing, WI investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($253K prices, $873/mo rents) make it a reasonable choice.
Is Port Wing, WI good for landlords?
Port Wing, WI falls under WI landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How much rent can I charge in Port Wing, WI?
Rents in Port Wing, WI run near $873/mo. Compared with median home prices of $253K that produces solid gross yields for typical rentals.
What is the rental occupancy rate in Port Wing, WI?
Occupancy in Port Wing, WI runs stable with elevated vacancy. Well-priced units at $873/mo lease on reasonable timelines.
Is Port Wing, WI good for house hacking?
House hacking in Port Wing, WI is a challenging. With home values around $253K and rents at $873/mo, owner-occupants can offset a meaningful share of PITI.
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