Detroit-Warren-Dearborn, MI · Michigan
Lapeer County
ZIP 48421
88,703 residents167 permits TTM$76,228 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$229,100
ACS 5-Year
Cap rate proxy
7.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.1%
HUD FMR ÷ ACS HHI
Net migration
+2.09%
IRS SOI
Permits (TTM)
167
Census BPS
Climate risk
66.4
FEMA NRI (0–100)
ZIP 48421
Median home value
$229,100
Gross yield
5.6%
Buy Box score
0.6
Section 8 gap
10.5%
Affordability
P/I: 3.2R/I: —
Section 8 detail
SAFMR: $1,060Rent: $959Gap: 10.5%
ZIP code breakdown12 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 48760 | $229,100 | $1,080 | 5.7% | 0.9 | 12.6% |
| 48412 | $229,100 | $1,460 | 7.6% | 0.9 | 52.2% |
| 48727 | $229,100 | $1,060 | 5.6% | 0.7 | 10.5% |
| 48464 | $229,100 | $1,090 | 5.7% | 0.7 | 13.7% |
| 48446 | $229,100 | $1,220 | 6.4% | 0.6 | 27.2% |
| 48428 | $229,100 | $1,360 | 7.1% | 0.6 | 41.8% |
| 48455 | $229,100 | $1,390 | 7.3% | 0.6 | 44.9% |
| 48421 | $229,100 | $1,060 | 5.6% | 0.6 | 10.5% |
| 48461 | $229,100 | $1,060 | 5.6% | 0.6 | 10.5% |
| 48003 | $229,100 | $1,240 | 6.5% | 0.5 | 29.3% |
| 48444 | $229,100 | $1,060 | 5.6% | 0.5 | 10.5% |
| 48440 | $229,100 | $1,300 | 6.8% | — | 35.6% |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
86.0%
Census ACS
Vacancy rate
6.8%
Census ACS
Bachelor's degree +
19.8%
Census ACS
Rent burdened
44.8%
Census ACS (>30% income)
Median age
44.6
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