Real Estate Investing in Winneconne, Wisconsin (54986)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 54986 (Winneconne, 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.
- High vacancy: 16.3% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 31.8 — 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 Winneconne, WI (54986)?
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Market Analysis: 54986 Winneconne
Not every below-median market is a bargain. Winneconne's 54986 ZIP posts signals that favor experienced operators who can absorb the risk $358K pricing implies.
The 54986 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Winneconne have seen price recovery that 54986 has not matched. Winnebago County data supports the view that the spread is structural rather than temporary.
Demographically, 54986 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 54986 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 Winneconne:
Property Strategy for 54986
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $306,715 | $1,040 | 2.4% | +9.3% | $153,358 |
| 3BR | $324,673 | $1,400 | 3.1% | +9.0% | $108,224 |
| 4BR | $408,817 | $1,490 | 2.6% | +9.7% | $102,204 |
Market Trends
Home Value History (with trend line)
📊 How Does 54986 Compare?
| Metric | 54986 | Winneconne | Oshkosh-Neenah, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $357,555 | $337,189 | N/A | $320,446 |
| 5-Year CAGR | 5.7% | 3.7% | N/A | 7.3% |
| Avg Rent | $936 | $968 | N/A | - |
| Cap Rate | 2.0% | 2.3% | - | - |
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 54986 (Winneconne, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $357,555 |
| Monthly Rent | $936 |
| Price-to-Rent | 31.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.1% |
| Cap Rate | 2.0% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (2.0%). 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.
Demographics in 54986
Population: 5,339
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 54986
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
Investor Insight: With 701 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Winneconne, WI a good market for buy-and-hold investors?
Investors tracking Winneconne, WI will find a 3.0/5 rating supported by $358K median home values and $936/mo rents. That profile suits long-term holders targeting even-keeled returns.
How do home values compare in Winneconne, WI?
Homes in Winneconne, WI typically sell near $358K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
What is the smart move for investors in Winneconne, WI?
In Winneconne, WI the durable play is typically careful cash-flow rentals with hands-on management. The combination of $358K prices and $936/mo rents suits that approach.
How strong is the working-renter base in Winneconne, WI?
Tenant demand in Winneconne, WI is solid. The local workforce $936/mo rents across most rental classes.
What are rental rates like in Winneconne, WI?
Average rent in Winneconne, WI is approximately $936/mo per month. Against $358K home values that yields a reasonable rent-to-price ratio.
You know 54986 now. You don’t know where it ranks.
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How 54986 ranks in Oshkosh-Neenah, WI
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