Real Estate Investing in Pleasant Prairie, Wisconsin (53158)
Should you buy in 53158 (Pleasant Prairie, WI)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Pleasant Prairie, WI (53158)?
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Market Analysis: 53158 Pleasant Prairie
Investors eyeing 53158 need to respect the fundamentals at play. Home values of $464K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $464K asset, 53158 is the wrong submarket. If the plan prices in friction, the yield can still work.
Meanwhile, 53158 offers a low basis, the region around Pleasant Prairie has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 53158 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 53158 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Pleasant Prairie:
Property Strategy for 53158
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $259,522 | $1,730 | 4.8% | +7.8% | $129,761 |
| 3BR | $417,393 | $2,340 | 4.0% | +7.2% | $139,131 |
| 4BR | $539,255 | $2,680 | 3.6% | +7.1% | $134,814 |
| 5BR | $670,207 | — | — | +6.8% | $134,041 |
Market Trends
Home Value History (with trend line)
📊 How Does 53158 Compare?
| Metric | 53158 | Pleasant Prairie | Wisconsin |
|---|---|---|---|
| Home Value | $464,164 | $464,164 | $320,446 |
| 5-Year CAGR | 6.7% | 6.7% | 7.3% |
| Avg Rent | $1,557 | $1,557 | - |
| Cap Rate | 2.6% | 2.6% | - |
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 53158 (Pleasant Prairie, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $464,164 |
| Monthly Rent | $1,557 |
| Price-to-Rent | 24.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 9.4% |
📈 Home Appreciation
| 1-Year | +10.1% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (2.6%). 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 53158
Population: 18,161
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 53158
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Forest Park Elementary
Lance Middle
Stocker Elementary
Jeffery Elementary
Nash Elementary
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 5,231 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors consider Pleasant Prairie, WI?
With a 3.0/5 investability score, Pleasant Prairie, WI ranks as a solid market for rental property investors. Median prices of $464K and rents of $1,557/mo drive the underlying numbers.
Are rents high in Pleasant Prairie, WI?
Pleasant Prairie, WI rentals go for roughly $1,557/mo a month. That puts gross yield in solid territory relative to $464K acquisition costs.
How high is vacancy risk in Pleasant Prairie, WI?
Pleasant Prairie, WI carries elevated vacancy risk. Expect stable absorption at market rents of $1,557/mo.
Does house hacking make sense in Pleasant Prairie, WI?
House hacking in Pleasant Prairie, WI is reasonable to execute. Prices around $464K and rents of $1,557/mo solid owner-occupant economics.
How much does a house cost in Pleasant Prairie, WI?
In Pleasant Prairie, WI the median home value sits at $464K. Against the broader WI market, that reads as reasonable for most investors.
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