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

Phelps, WI has a median modeled monthly cash flow of $-2,184 and a median cap rate of 0.8%, on a median sold price of $297,000. Prices changed +34.3% year over year.

What is the average cap rate in Phelps, WI?

The median cap rate across recently sold homes in Phelps, WI is 0.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Phelps, WI?

The median sold price in Phelps, WI is $297,000 (about $316 per square foot).

Investing in Phelps, WI Real Estate

A data-driven snapshot of the Phelps, 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.

$297,000Median sold price

$316Median $/sqft

0.8%Median cap rate

$-2,184Modeled cash flow / mo

+34.3%Appreciation YoY

7.1Months of supply

33Active listings

56Sold (last 12 mo)

What the Phelps numbers say

In Phelps, WI, the median home sold for $297,000 (about $316 per square foot), and the typical deal models out to a 0.8% cap rate with a median $-2,184 of monthly cash flow. Sold prices moved +34.3% over the past year. Inventory sits at about 7.1 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 Phelps cash-flowing listings

CashFlowRE ranks every for-sale home in Phelps, 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 Phelps deals, or browse the national market data.