Grand Rapids-Kentwood, MI · Michigan

Newaygo County

ZIP 49412

50,414 residents130 permits TTM$61,931 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$178,300

ACS 5-Year

Cap rate proxy

5.9%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.1%

HUD FMR ÷ ACS HHI

Net migration

+1.91%

IRS SOI

Permits (TTM)

130

Census BPS

Climate risk

47.1

FEMA NRI (0–100)

ZIP 49412

Median home value

Gross yield

Buy Box score

0.8

Section 8 gap

Affordability

P/I: 4.2R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown7 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
493096.4%
493125.9%
493495.4%
493385.0%
493274.1%
494124.1%
493374.0%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

86.4%

Census ACS

Vacancy rate

21.6%

Census ACS

Bachelor's degree +

18.4%

Census ACS

Rent burdened

37.3%

Census ACS (>30% income)

Median age

42.8

Census ACS

Data sources
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