Lansing-East Lansing, MI · Michigan

Shiawassee County

ZIP 48414

68,061 residents69 permits TTM$64,464 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$164,600

ACS 5-Year

Cap rate proxy

6.4%

FMR × 0.65 ÷ Home Value

Rent-to-income

16.3%

HUD FMR ÷ ACS HHI

Net migration

+1.80%

IRS SOI

Permits (TTM)

69

Census BPS

Climate risk

62.2

FEMA NRI (0–100)

ZIP 48414

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 breakdown12 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
488670.9
484290.9
488170.9
484490.9
484140.9
488570.8
484600.8
488720.7
484180.7
488480.6
48476
48841

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

79.3%

Census ACS

Vacancy rate

8.8%

Census ACS

Bachelor's degree +

19.5%

Census ACS

Rent burdened

44.2%

Census ACS (>30% income)

Median age

43.1

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