Michigan
Kalkaska County
18,116 residents38 permits TTM$60,365 median HHI4 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$174,300
ACS 5-Year
Cap rate proxy
5.3%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.2%
HUD FMR ÷ ACS HHI
Net migration
+1.60%
IRS SOI
Permits (TTM)
38
Census BPS
Climate risk
21.3
FEMA NRI (0–100)
ZIP code breakdown4 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 49646 | — | — | — | 0.8 | — |
| 49680 | — | — | — | 0.8 | — |
| 49633 | — | — | — | 0.6 | — |
| 49676 | — | — | — | 0.1 | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
87.5%
Census ACS
Vacancy rate
33.8%
Census ACS
Bachelor's degree +
18.2%
Census ACS
Rent burdened
40.0%
Census ACS (>30% income)
Median age
44.0
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