Michigan
Gladwin County
25,543 residents92 permits TTM$55,576 median HHI4 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$153,200
ACS 5-Year
Cap rate proxy
5.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
14.9%
HUD FMR ÷ ACS HHI
Net migration
+2.11%
IRS SOI
Permits (TTM)
92
Census BPS
Climate risk
40.3
FEMA NRI (0–100)
ZIP code breakdown4 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 48610 | $150,807 | $973 | 7.7% | 5.5% | 29.2% |
| 48612 | $172,734 | $973 | 6.8% | 4.8% | 29.2% |
| 48624 | $193,219 | $973 | 6.0% | 4.3% | 29.2% |
| 48652 | $207,773 | $973 | 5.6% | 4.0% | 29.2% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
87.1%
Census ACS
Vacancy rate
35.0%
Census ACS
Bachelor's degree +
15.4%
Census ACS
Rent burdened
35.6%
Census ACS (>30% income)
Median age
50.8
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 28, 2026