Location: Chippewa County, MI | Metro: Chippewa County, MI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,410 |
| 5 Bedrooms | $1,636 |
| 6 Bedrooms | $1,832 |
| 7 Bedrooms | $1,979 |
| 8 Bedrooms | $2,078 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 49784 reveals a unique market scenario that is neither purely high-yield nor strictly low-stability. With a Fair Market Rent (FMR) of $1,090 for the fiscal year 2026, it stands out in comparison to the broader metro area where FMR data is available. However, the lack of specific market and home value figures for this ZIP code means we cannot directly compare these metrics to the metro average.
In terms of stability, the data presents a challenge as key indicators such as the percentage of renters, days on market (DOM), and median income are not provided. This absence of information makes it difficult to assess the long-term financial security and predictability of rental income in this area.
Given the available data, ZIP 49784 appears to offer a moderate yield potential, indicated by the FMR figure, which suggests that landlords could achieve reasonable rental rates. However, without comprehensive data on market conditions and the local economy, it is challenging to determine whether this ZIP code would be suitable for a high-risk, high-reward strategy or if it leans towards a more stable cash flow model.
To make an informed decision, landlords and small-portfolio investors should seek additional local market insights, including trends in home values, the proportion of tenants in the housing market, and the economic health of the area as measured by employment rates and median income levels. These factors will provide a clearer picture of the potential risks and rewards associated with investing in ZIP 49784.
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.