Michigan
Charlevoix County
ZIP 49796
26,143 residents111 permits TTM$76,495 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$242,800
ACS 5-Year
Cap rate proxy
4.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
14.6%
HUD FMR ÷ ACS HHI
Net migration
+1.58%
IRS SOI
Permits (TTM)
111
Census BPS
Climate risk
22.3
FEMA NRI (0–100)
ZIP 49796
Median home value
$242,800
Gross yield
5.1%
Cap rate
4.6%
Rent gap
10.6%
Affordability
P/I: 12.0R/I: —
Section 8 detail
SAFMR: $1,039Rent: $929Gap: 11.8%
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 49782 | $242,800county est. | $1,039 | 5.1% | 4.6% | 10.6% |
| 49796 | $242,800county est. | $1,039 | 5.1% | 4.6% | 10.6% |
| 49713 | $333,328 | $1,039 | 3.7% | 3.3% | 10.6% |
| 49712 | $398,954 | $1,039 | 3.1% | 2.8% | 10.6% |
| 49720 | $421,473 | $1,039 | 3.0% | 2.6% | 10.6% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
82.7%
Census ACS
Vacancy rate
30.3%
Census ACS
Bachelor's degree +
33.9%
Census ACS
Rent burdened
40.9%
Census ACS (>30% income)
Median age
50.0
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