Real Estate Investing in Green Lake, Wisconsin (54941)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 54941 (Green Lake, 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: 35.7% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 45.6 — 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 Green Lake, WI (54941)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 54941 Green Lake
ZIP 54941 inside Green Lake County looks affordable on the surface — median value of $478K — but the discount exists for reasons that a careful buyer should understand before committing.
The 54941 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 54941 and stronger Green Lake ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 54941 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 54941 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Green Lake:
Market Trends
Home Value History (with trend line)
📊 How Does 54941 Compare?
| Metric | 54941 | Green Lake | Wisconsin |
|---|---|---|---|
| Home Value | $477,864 | $477,864 | $320,446 |
| 5-Year CAGR | 6.0% | 6.0% | 7.3% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 1.4% | 1.4% | - |
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 54941 (Green Lake, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $477,864 |
| Monthly Rent | $873 |
| Price-to-Rent | 45.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.2% |
| Cap Rate | 1.4% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +11.0% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (1.4%). 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 54941
Population: 2,637
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 54941
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
Frequently Asked Questions
What is the median home value in Green Lake, WI?
Green Lake, WI home values average about $478K. That price point suits investors targeting rentals with $873/mo in monthly income.
How tight is the rental market in Green Lake, WI?
Green Lake, WI sees elevated vacancy, which is reasonable relative to the broader WI rental market.
Are tenants stable in Green Lake, WI?
Expect a solid tenant pool in Green Lake, WI. The rental market absorbs $873/mo rents without meaningful friction.
Is Green Lake, WI good for house hacking?
Green Lake, WI is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $478K price point reasonable to enter.
How do landlord-tenant laws work in Green Lake, WI?
The landlord environment in Green Lake, WI is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 54941 now. You don’t know where it ranks.
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