Location: Grant County, WI | Metro: Grant County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,820 |
| 5 Bedrooms | $2,111 |
| 6 Bedrooms | $2,364 |
| 7 Bedrooms | $2,553 |
| 8 Bedrooms | $2,681 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 53827 reveals a unique balance between yield and stability that can inform real estate investment strategies for landlords and small-portfolio investors.
On the yield axis, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,040, which is significantly higher than the market rent of $725. This suggests a potential opportunity for higher rental yields if properties can be leased at or near the FMR rate. However, the absence of a home value figure indicates limited data on property appreciation, which is a key component of yield for long-term investments.
Moving to the stability axis, the ZIP code has a relatively low percentage of renters at 11.7%, indicating a primarily owner-occupied market. While this might imply lower demand for rental properties, it also suggests less competition among landlords. The lack of data on days on market (DOM) means there's no direct insight into how quickly rental units are filled, but the median household income of $81,607 provides some assurance that tenants have the financial capability to meet rental obligations.
Given these factors, ZIP 53827 does not fit neatly into a high-yield/low-stability "flip-style" market nor a steady-cashflow zone. Instead, it represents an intermediary scenario where the potential for higher rental income exists, but it is tempered by the low proportion of renters and the need for careful tenant selection to ensure timely rent payments. The higher FMR compared to market rent points towards a possible upside for investors willing to manage their properties effectively and possibly offer incentives to attract tenants.
To conclude, while the high FMR versus market rent signals a potentially lucrative rental environment, the low renter population and the reliance on individual tenant incomes for stability suggest a cautious approach. Investors should focus on properties that can be rented at closer to the FMR rate and consider the broader economic context of the area to gauge future stability and yield trends.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.