Location: Sauk County, WI | Metro: Sauk County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $920 |
| 1 Bedroom | $1,090 |
| 2 Bedrooms | $1,280 |
| 3 Bedrooms | $1,590 |
| 4 Bedrooms | $1,730 |
| 5 Bedrooms | $2,007 |
| 6 Bedrooms | $2,248 |
| 7 Bedrooms | $2,428 |
| 8 Bedrooms | $2,549 |
U.S. Census Bureau data (2024)
The ZIP code 53943 presents an interesting balance between yield and stability, making it a viable option for both high-risk and steady-cashflow investment strategies.
On the yield axis, the market demonstrates significant potential. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,160, while the market rent is slightly lower at $1,073. This suggests that rental properties in 53943 can command above-average rents compared to the broader market. Additionally, the average home value of $319,111 indicates that there is substantial equity available in the properties, which can be leveraged for high-yield strategies such as flipping or short-term rentals.
Regarding stability, the ZIP code shows a mixed profile. The renter population stands at 19.8%, which is relatively low but not necessarily indicative of instability. However, the lack of data on days on market (DOM) could imply either a well-balanced market or one with unpredictable fluctuations. The median household income of $73,000 provides some assurance regarding the ability of residents to pay rent, although this figure alone does not guarantee long-term tenant stability.
To classify 53943, consider the following:
The high FMR and market rent suggest a higher-than-average yield, suitable for landlords looking to maximize their rental income. This makes it somewhat attractive for those interested in high-yield markets.
The low percentage of renters and uncertain DOM data indicate less stability compared to other areas. This characteristic aligns with a low-stability market, where the risk of vacancy or fluctuating rents is higher.
In conclusion, ZIP 53943 leans towards being a high-yield/low-stability market. It offers opportunities for higher returns through rental pricing and property values, but the limited data on DOM and the low renter population percentage pose challenges for maintaining consistent cash flow. Investors should weigh these factors carefully when deciding whether to pursue a flip-style strategy or seek steadier cash flows in this area.
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.