Is Elkhart Lake, WI a good place to invest in rental property?

Elkhart Lake, WI has a median modeled monthly cash flow of $-3,189 and a median cap rate of -0.6%, on a median sold price of $473,500. Prices changed +14.3% year over year.

What is the average cap rate in Elkhart Lake, WI?

The median cap rate across recently sold homes in Elkhart Lake, WI is -0.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elkhart Lake, WI?

The median sold price in Elkhart Lake, WI is $473,500 (about $296 per square foot).

Investing in Elkhart Lake, WI Real Estate

A data-driven snapshot of the Elkhart Lake, WI rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$473,500Median sold price

$296Median $/sqft

-0.6%Median cap rate

$-3,189Modeled cash flow / mo

+14.3%Appreciation YoY

8.8Months of supply

35Active listings

48Sold (last 12 mo)

What the Elkhart Lake numbers say

In Elkhart Lake, WI, the median home sold for $473,500 (about $296 per square foot), and the typical deal models out to a -0.6% cap rate with a median $-3,189 of monthly cash flow. Sold prices moved +14.3% over the past year. Inventory sits at about 8.8 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Wisconsin markets to compare

See Elkhart Lake cash-flowing listings

CashFlowRE ranks every for-sale home in Elkhart Lake, WI by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Elkhart Lake deals, or browse the national market data.