Michigan
Arenac County
ZIP 48766
15,054 residents33 permits TTM$56,989 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$129,000
ACS 5-Year
Cap rate proxy
6.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.6%
HUD FMR ÷ ACS HHI
Net migration
+1.50%
IRS SOI
Permits (TTM)
33
Census BPS
Climate risk
20.3
FEMA NRI (0–100)
ZIP 48766
Median home value
$129,000
Gross yield
9.1%
Buy Box score
—
Section 8 gap
—
Affordability
P/I: 2.7R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 48703 | $129,000 | $973 | 9.1% | 0.9 | — |
| 48658 | $129,000 | $973 | 9.1% | 0.9 | — |
| 48749 | $129,000 | $973 | 9.1% | 0.9 | — |
| 48659 | $129,000 | $973 | 9.1% | 0.8 | — |
| 48765 | $129,000 | $973 | 9.1% | — | — |
| 48766 | $129,000 | $973 | 9.1% | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
85.7%
Census ACS
Vacancy rate
32.7%
Census ACS
Bachelor's degree +
15.8%
Census ACS
Rent burdened
40.3%
Census ACS (>30% income)
Median age
50.1
Census ACS
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