Location: Chippewa County, MI | Metro: Chippewa County, MI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
U.S. Census Bureau data (2024)
The ZIP code 49752, located in Chippewa County, MI, serves as an ideal diversifier within a Section 8 portfolio strategy. With a renter share of 4.2%, this area presents opportunities for landlords and small-portfolio investors who wish to balance their investments across different housing types and markets.
Average household income in ZIP 49752 stands at $62,460. This figure suggests that residents have sufficient income to meet rental obligations under the Section 8 program, which caps rent at 30% of adjusted monthly income. Given the median income, tenants should be able to afford the required portion of the rent, ensuring steady cash flow for investors.
The median home value in ZIP 49752 is $94,000. While this is lower than the average market values in many urban areas, it indicates a stable local economy and a strong demand for affordable housing. The relatively low home values also mean that rental properties can be acquired at a reasonable cost, making them attractive for investment.
ZIP 49752 is not a cash-flow anchor because the Family Monthly Rent (FMR) for the metro area in fiscal year 2026 is $1,070, but the market data is currently unavailable, which makes it difficult to assess the spread between FMR and actual market rents. Furthermore, there's no significant appreciation potential due to the lack of data on price-cut shares and days on market (DOM).
In conclusion, ZIP 49752 offers a balanced opportunity for diversification within a Section 8 portfolio, providing a mix of affordability and stability that can benefit both landlords and small-portfolio investors. It's important to note that while the area lacks the potential for high appreciation, the presence of a stable tenant base ensures reliable rental income, which is crucial for maintaining overall portfolio performance.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.