Michigan
Iron County
ZIP 49927
11,650 residents160 permits TTM$53,614 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$101,500
ACS 5-Year
Cap rate proxy
6.0%
FMR × 0.65 ÷ Home Value
Rent-to-income
11.4%
HUD FMR ÷ ACS HHI
Net migration
+0.22%
IRS SOI
Permits (TTM)
160
Census BPS
Climate risk
55.1
FEMA NRI (0–100)
ZIP 49927
Median home value
$101,500
Gross yield
12.6%
Buy Box score
—
Section 8 gap
—
Affordability
P/I: 1.8R/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 |
|---|---|---|---|---|---|
| 49935 | $101,500 | $1,068 | 12.6% | 0.3 | — |
| 49920 | $101,500 | $1,068 | 12.6% | 0.2 | — |
| 49902 | $101,500 | $1,068 | 12.6% | — | — |
| 49903 | $101,500 | $1,068 | 12.6% | — | — |
| 49915 | $101,500 | $1,068 | 12.6% | — | — |
| 49927 | $101,500 | $1,068 | 12.6% | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
85.3%
Census ACS
Vacancy rate
40.8%
Census ACS
Bachelor's degree +
20.6%
Census ACS
Rent burdened
41.4%
Census ACS (>30% income)
Median age
53.2
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