Michigan
Iosco County
ZIP 48739
25,333 residents46 permits TTM$47,777 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$122,900
ACS 5-Year
Cap rate proxy
6.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.6%
HUD FMR ÷ ACS HHI
Net migration
+1.62%
IRS SOI
Permits (TTM)
46
Census BPS
Climate risk
37.8
FEMA NRI (0–100)
ZIP 48739
Median home value
$173,269
Gross yield
6.7%
Cap rate
4.6%
Rent gap
32.3%
Affordability
P/I: 3.6R/I: —
Section 8 detail
SAFMR: $973Rent: $659Gap: 47.6%
ZIP code breakdown7 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 48730 | $187,741 | $973 | 6.2% | 4.2% | 32.3% |
| 48739 | $173,269 | $973 | 6.7% | 4.6% | 32.3% |
| 48743 | $122,900county est. | $973 | 9.5% | 6.4% | 32.3% |
| 48748 | $144,169 | $973 | 8.1% | 5.5% | 32.3% |
| 48750 | $146,831 | $973 | 8.0% | 5.4% | 32.3% |
Ranked by composite score
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Demographics
Owner-occupied
82.9%
Census ACS
Vacancy rate
42.7%
Census ACS
Bachelor's degree +
17.6%
Census ACS
Rent burdened
32.2%
Census ACS (>30% income)
Median age
53.5
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