Michigan

Alger County

ZIP 49825

8,813 residents32 permits TTM$59,406 median HHI9 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$165,700

ACS 5-Year

Cap rate proxy

5.2%

FMR × 0.65 ÷ Home Value

Rent-to-income

14.4%

HUD FMR ÷ ACS HHI

Net migration

+0.57%

IRS SOI

Permits (TTM)

32

Census BPS

Climate risk

9.6

FEMA NRI (0–100)

ZIP 49825

Median home value

$165,700

Gross yield

7.8%

Buy Box score

Section 8 gap

Affordability

P/I: 2.8R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown9 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
49862$165,700$1,0727.8%0.3
49806$165,700$1,0727.8%
49816$165,700$1,0727.8%
49822$165,700$1,0727.8%
49825$165,700$1,0727.8%
49826$165,700$1,0727.8%
49839$165,700$1,0727.8%
49884$165,700$1,0727.8%
49891$165,700$1,0727.8%

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

84.3%

Census ACS

Vacancy rate

43.8%

Census ACS

Bachelor's degree +

20.3%

Census ACS

Rent burdened

32.8%

Census ACS (>30% income)

Median age

48.8

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026