Real Estate Investing in Wautoma, Wisconsin (54982)

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

Waushara County • Population: 6,881 • Data updated: September 2026

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Should you buy in 54982 (Wautoma, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (53/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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
2 flags
  • High vacancy: 30.5% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 28.8 — 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 Wautoma, WI (54982)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $301,247
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $58,350
% Renters 19.5%

Market Analysis: 54982 Wautoma

ZIP 54982 inside Waushara County looks affordable on the surface — median value of $301K — but the discount exists for reasons that a careful buyer should understand before committing.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 54982 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

In the broader WI picture, 54982 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

The demographic picture in 54982 includes headwinds that any investor should price in. Income distribution skews lower than Wautoma averages, and tenant stability requires active management.

The 54982 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.

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 Wautoma:

C+ Average
Buy Confidence Score: 67/100
Affordability
10/25
Appreciation
25/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.2× the median income
Value Trend
Rising (+10.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 54982

Which property type performs best in this market?

Best for Cash Flow
3BR
3.0% cap rate
Best for Appreciation
2BR
+10.2% 5yr CAGR
Best Overall Value
3BR
$101,995/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $231,387 $970 3.0% +10.2% $115,693
3BR $305,986 $1,290 3.0% +10.1% $101,995

Market Trends

Home Value History (with trend line)

$315K$275K$235K$195K$155K$114KApr 2009Dec 2017Jul 2026

📊 How Does 54982 Compare?

Metric 54982 Wautoma Wisconsin
Home Value $301,247 $301,247 $320,446
5-Year CAGR 7.5% 7.5% 7.3%
Avg Rent $873 $873 -
Cap Rate 2.3% 2.3% -
💡 Why Invest in 54982? Click to expand

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

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 54982 (Wautoma, WI). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.3%
Low
5yr Growth
+7.5%
Strong

📊 Market Snapshot

Home Value $301,247
Monthly Rent $873
Price-to-Rent 28.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.5%
Cap Rate 2.3%
5-Year IRR 9.7%

📈 Home Appreciation

1-Year +10.3% ▲
3-Year CAGR +7.5% ▲
5-Year CAGR +7.5% ▲
10-Year CAGR +7.5% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.3%). 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
30.5%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+7.5%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 54982

Population: 6,881

💰 Median Household Income
$58,350
This area
$58,350
State
$73,177
USA
$74,580
🏠 Renter Occupied
19.5%
This area
19.5%
State
22.0%
USA
34.0%
💼 Unemployment Rate
2.3%
This area
2.3%
State
-1.8%
USA
3.7%
🎓 College Educated
20.5%
This area
20.5%
State
17.1%
USA
33.7%
👤 Median Age
50.4 years
This area
50.4 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
30.5%
This area
30.5%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 88.7%
Other/Mixed 10.8%
Hispanic/Latino 9.1%
Asian 0.4%
Black/African American 0.1%
👶 Under 18
18.5%
This area
18.5%
USA
22.0%
👴 65 and Over
26.9%
This area
26.9%
USA
17.3%
📊 Poverty Rate
9.0%
This area
9.0%
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

🎓 Schools in 54982

A+ Avg School Grade
3 Schools
12.8:1 Avg Class Size
$17,013 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Parkside School

📚 04 – 08 School
👥
459 Students
👨‍🏫
12.7:1 Class Size
💰
$17,013 Per Student
A+ Excellent

Riverview Elementary

📚 Pre-K – 03 Elementary
👥
331 Students
👨‍🏫
12.7:1 Class Size
💰
$17,013 Per Student
A+ Excellent

Wautoma High

📚 09 – 12 High School
👥
400 Students
👨‍🏫
13.0:1 Class Size
💰
$17,013 Per Student
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

How quickly do rentals get leased in Wautoma, WI?

Vacancy in Wautoma, WI is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $873/mo.

What strategy should investors use in Wautoma, WI?

In Wautoma, WI the solid play is typically careful cash-flow rentals with hands-on management. The combination of $301K prices and $873/mo rents suits that approach.

What is the typical renter like in Wautoma, WI?

Tenant demand in Wautoma, WI is solid. The local workforce $873/mo rents across most rental classes.

How landlord-friendly is Wautoma, WI?

WI ranks as a landlord-friendly state for landlord-tenant law. Wautoma generally follows the statewide framework, so landlords face reasonable operating rules.

What is the investability score for Wautoma, WI?

The 3.0/5 investability rating in Wautoma, WI reflects its $301K prices and $873/mo rents. Investors generally consider it a solid option within WI.

You know 54982 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 54982 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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