Location: Forest County, WI | Metro: Forest County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,410 |
| 5 Bedrooms | $1,636 |
| 6 Bedrooms | $1,832 |
| 7 Bedrooms | $1,979 |
| 8 Bedrooms | $2,078 |
U.S. Census Bureau data (2024)
The classification of ZIP code 54511 on the axes of yield and stability reveals a nuanced picture for landlords and small-portfolio investors. Let's break down the figures:
Yield Analysis: The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,000, while the market rent is currently at $675. This indicates a potential increase in rental income if the FMR predictions hold true. However, the median home value of $176,478 suggests that property acquisition costs are relatively high. Given these numbers, the yield potential is moderate. Landlords should expect a reasonable return but not the high yields typically associated with flip-style markets.
Stability Analysis: The renter occupancy rate of 9.2% is quite low, which might suggest limited demand for rentals. Unfortunately, the days on market (DOM) data is not available, so we cannot assess how quickly properties are leased. The average household income of $66,719 provides some insight into the financial stability of potential tenants. While it is not exceptionally high, it does indicate that residents have sufficient income to cover their housing expenses, contributing to a stable tenant base.
Based on the provided figures, ZIP code 54511 leans towards being a steady-cashflow zone. The combination of a moderate increase in expected rental income and a stable tenant income level supports this conclusion. Although the median home value is high, indicating higher initial investment costs, the projected FMR increase and stable tenant incomes make it a viable option for those seeking consistent returns rather than high-risk, high-reward opportunities.
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.