Michigan
Ogemaw County
ZIP 48654
20,853 residents62 permits TTM$51,983 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$138,600
ACS 5-Year
Cap rate proxy
7.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
19.1%
HUD FMR ÷ ACS HHI
Net migration
+1.78%
IRS SOI
Permits (TTM)
62
Census BPS
Climate risk
37.0
FEMA NRI (0–100)
ZIP 48654
Median home value
—
Gross yield
—
Buy Box score
0.9
Section 8 gap
—
Affordability
P/I: 3.2R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 48756 | — | — | — | 0.9 | — |
| 48654 | — | — | — | 0.9 | — |
| 48635 | — | — | — | 0.8 | — |
| 48661 | — | — | — | 0.7 | — |
| 48761 | — | — | — | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
82.5%
Census ACS
Vacancy rate
40.5%
Census ACS
Bachelor's degree +
15.9%
Census ACS
Rent burdened
47.9%
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 16, 2026