Real Estate Investing in Eldorado, Wisconsin (54932)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Fond du Lac County • Population: 1,295 • Data updated: September 2026

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Should you buy in 54932 (Eldorado, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (77/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High price-to-rent: Price-to-rent ratio 31.9 — 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 Eldorado, WI (54932)?

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3.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $361,558
Avg Monthly Rent $945
1% Rule ✗ Does Not Meet
Median Income $105,341
% Renters 4.7%

Market Analysis: 54932 Eldorado

The 54932 ZIP in Eldorado, WI is a local-operator market. Outside capital chasing a $362K entry has to pair deep knowledge with the discount.

The 54932 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Statewide comparisons place 54932 among WI's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Employment concentration in 54932 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Strategy in 54932 is an operator game, not a passive one. Looking more closely, entry prices of $362K are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Eldorado:

B Good
Buy Confidence Score: 73/100
Affordability
20/25
Appreciation
25/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.4× the median income
Value Trend
Rising (+5.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $945/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Fond du Lac, WI Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
6.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Fond du Lac, WI metro data

Market Trends

Home Value History (with trend line)

$379K$330K$282K$234K$185K$137KAug 2012Aug 2019Jul 2026

📊 How Does 54932 Compare?

Metric 54932 Eldorado Fond du Lac, WI Wisconsin
Home Value $361,558 $361,558 N/A $320,446
5-Year CAGR 8.8% 8.8% N/A 7.3%
Avg Rent $945 $945 N/A -
Cap Rate 2.0% 2.0% - -
💡 Why Invest in 54932? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 54932 (Eldorado, WI). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.0%
Low
5yr Growth
+8.8%
Strong

📉 Market Crash Risk Index

Based on Fond du Lac, WI metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $361,558
Monthly Rent $945
Price-to-Rent 31.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.1%
Cap Rate 2.0%
5-Year IRR 10.9%

📈 Home Appreciation

1-Year +5.5% ▲
3-Year CAGR +7.2% ▲
5-Year CAGR +8.8% ▲
10-Year CAGR +7.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.0%). 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.

Vacancy
1.1%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+8.8%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 54932

Population: 1,295

💰 Median Household Income
$105,341
This area
$105,341
State
$73,177
USA
$74,580
🏠 Renter Occupied
4.7%
This area
4.7%
State
22.0%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-1.8%
USA
3.7%
🎓 College Educated
17.9%
This area
17.9%
State
17.1%
USA
33.7%
👤 Median Age
45.4 years
This area
45.4 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
1.1%
This area
1.1%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 79.0%
Other/Mixed 19.1%
Asian 1.9%
Hispanic/Latino 0.8%
👶 Under 18
20.4%
This area
20.4%
USA
22.0%
👴 65 and Over
16.0%
This area
16.0%
USA
17.3%
📊 Poverty Rate
0.6%
This area
0.6%
USA
11.5%

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

5 Nearby 2,240 Off-Campus Students
C+
Moraine Park Technical College
3,532 students · 10.5 mi
C
Marian University
1,319 students · 10.6 mi
C
Ripon College
734 students · 11.2 mi
C+
University of Wisconsin-Oshkosh
13,761 students · 13.9 mi
C+
Advanced College of Cosmetology
34 students · 14.9 mi

Investor Insight: With 2,240 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How much rent can I charge in Eldorado, WI?

Eldorado, WI rentals go for roughly $945/mo a month. That puts gross yield in solid territory relative to $362K acquisition costs.

Is Eldorado, WI good for landlords?

Eldorado, WI falls under WI landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

How strong is Eldorado, WI for real estate investors?

Eldorado, WI scores 3.0/5 for investability. Home values sit at $362K and rents near $945/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

How tight is the rental market in Eldorado, WI?

Vacancy risk in Eldorado, WI is elevated. That supports stable cash flow for typical rental holds.

What is the renter demographic in Eldorado, WI?

Eldorado, WI offers a even-keeled renter base at the $945/mo rent level. Tenant turnover is reasonable for well-managed properties.

You know 54932 now. You don’t know where it ranks.

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How 54932 ranks in Fond du Lac, WI

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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