Michigan
Oscoda County
ZIP 48621
8,338 residents28 permits TTM$50,581 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$126,000
ACS 5-Year
Cap rate proxy
6.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.0%
HUD FMR ÷ ACS HHI
Net migration
+1.30%
IRS SOI
Permits (TTM)
28
Census BPS
Climate risk
15.1
FEMA NRI (0–100)
ZIP 48621
Median home value
$169,665
Gross yield
6.9%
Cap rate
4.8%
Rent gap
30.6%
Affordability
P/I: 3.4R/I: —
Section 8 detail
SAFMR: $973Rent: $675Gap: 44.1%
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 48647 | $123,708 | $973 | 9.4% | 6.5% | 30.6% |
| 48619 | $126,000county est. | $973 | 9.3% | 6.4% | 30.6% |
| 48636 | $126,000county est. | $973 | 9.3% | 6.4% | 30.6% |
| 48621 | $169,665 | $973 | 6.9% | 4.8% | 30.6% |
| 49756 | $186,107 | $973 | 6.3% | 4.4% | 30.6% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
86.7%
Census ACS
Vacancy rate
52.7%
Census ACS
Bachelor's degree +
14.8%
Census ACS
Rent burdened
32.3%
Census ACS (>30% income)
Median age
52.1
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