Michigan
Montmorency County
ZIP 49746
9,372 residents0 permits TTM$47,803 median HHI2 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$142,000
ACS 5-Year
Cap rate proxy
6.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
20.4%
HUD FMR ÷ ACS HHI
Net migration
+1.57%
IRS SOI
Permits (TTM)
0
Census BPS
Climate risk
15.9
FEMA NRI (0–100)
ZIP 49746
Median home value
$183,408
Gross yield
6.4%
Cap rate
5.3%
Rent gap
16.6%
Affordability
P/I: 3.8R/I: —
Section 8 detail
SAFMR: $973Rent: $811Gap: 20.0%
ZIP code breakdown2 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 49709 | $159,216 | $973 | 7.3% | 6.1% | 16.6% |
| 49746 | $183,408 | $973 | 6.4% | 5.3% | 16.6% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
87.6%
Census ACS
Vacancy rate
46.6%
Census ACS
Bachelor's degree +
16.0%
Census ACS
Rent burdened
48.3%
Census ACS (>30% income)
Median age
56.7
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