Real Estate Investing in South Range, Wisconsin (54874)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 54874 (South Range, 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.
- Elevated vacancy: 11.7% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in South Range, WI (54874)?
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Market Analysis: 54874 South Range
This part of Douglas is not an easy win. The 54874 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 54874 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 54874 and stronger South Range ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The demographic picture in 54874 includes headwinds that any investor should price in. Income distribution skews lower than South Range averages, and tenant stability requires active management.
New investors are better served looking at South Range's stable or hybrid ZIPs before stepping into 54874. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in South Range:
Market Trends
Home Value History (with trend line)
📊 How Does 54874 Compare?
| Metric | 54874 | South Range | Wisconsin |
|---|---|---|---|
| Home Value | $293,926 | $293,926 | $320,446 |
| 5-Year CAGR | 5.4% | 5.4% | 7.3% |
| Avg Rent | $1,098 | $1,098 | - |
| Cap Rate | 2.9% | 2.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 54874 (South Range, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $293,926 |
| Monthly Rent | $1,098 |
| Price-to-Rent | 22.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +11.2% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (2.9%). 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 54874
Population: 3,813
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is vacancy a concern in South Range, WI?
Expect elevated vacancy in South Range, WI. Rents at $1,098/mo are absorbed by the tenant base without meaningful lag.
How much does a house cost in South Range, WI?
In South Range, WI the median home value sits at $294K. Against the broader WI market, that reads as reasonable for most investors.
What kind of market is South Range, WI for investors?
Investors tracking South Range, WI will find a 3.0/5 rating supported by $294K median home values and $1,098/mo rents. That profile suits long-term holders targeting even-keeled returns.
Are tenants stable in South Range, WI?
South Range, WI draws a even-keeled base of working renters. Demand at the $1,098/mo rent level is reasonable for standard single-family and small multi rentals.
What investment strategy works best in South Range, WI?
Most investors in South Range, WI run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
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