Cadillac, MI Metro Area - Investment Guide
Metro Area • 11 Cities • 11 ZIP Codes
Avg Home Value
$232,416
Avg Monthly Rent
$971
Avg Cap Rate
3.31%
Avg Investability
2.8 ★
Cities
11
ZIP Codes
11
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
☀️
WARM MARKET
Cadillac, MI Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
8.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Cadillac, MI
Every ZIP in the metro, ranked four ways. Free.
Cities in Cadillac, MI
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 49689 | Wellston | MI | $176,123 | $873 | 3.87% | |
| 49651 | Lake City | MI | $209,500 | $891 | 3.32% | |
| 49657 | McBain | MI | $228,296 | $891 | 3.04% | |
| 49620 | Buckley | MI | $291,019 | $1,125 | 3.02% | |
| 49625 | Copemish | MI | $242,276 | $954 | 3.07% | |
| 49663 | Manton | MI | $208,279 | $963 | 3.61% | |
| 49601 | Cadillac | MI | $220,458 | $945 | 3.34% | |
| 49632 | Falmouth | MI | $201,110 | $873 | 3.39% | |
| 49668 | Mesick | MI | $195,971 | $1,134 | 4.51% | |
| 49689 | Wellston | MI | $152,174 | $873 | 4.47% | |
| 49638 | Harrietta | MI | $211,155 | $1,026 | 3.79% | |
| 49651 | Lake City | MI | $233,030 | $891 | 2.98% | |
| 49620 | Buckley | MI | $266,577 | $1,125 | 3.29% | |
| 49625 | Copemish | MI | $216,856 | $954 | 3.43% | |
| 49657 | McBain | MI | $254,212 | $891 | 2.73% | |
| 49663 | Manton | MI | $231,675 | $963 | 3.24% | |
| 49668 | Mesick | MI | $217,703 | $1,134 | 4.06% | |
| 49601 | Cadillac | MI | $236,104 | $945 | 3.12% | |
| 49638 | Harrietta | MI | $188,787 | $1,026 | 4.24% | |
| 49689 | Wellston | MI | $174,781 | $873 | 3.90% | |
| 49651 | Lake City | MI | $209,500 | $891 | 3.32% | |
| 49657 | McBain | MI | $228,296 | $891 | 3.04% | |
| 49620 | Buckley | MI | $286,687 | $1,125 | 3.06% | |
| 49625 | Copemish | MI | $237,583 | $954 | 3.13% | |
| 49663 | Manton | MI | $208,279 | $963 | 3.61% | |
| 49632 | Falmouth | MI | $199,177 | $873 | 3.42% | |
| 49668 | Mesick | MI | $195,971 | $1,134 | 4.51% | |
| 49689 | Wellston | MI | $152,174 | $873 | 4.47% | |
| 49601 | Cadillac | MI | $237,200 | $945 | 3.11% | |
| 49638 | Harrietta | MI | $205,110 | $1,026 | 3.90% | |
| 49651 | Lake City | MI | $231,199 | $891 | 3.01% | |
| 49620 | Buckley | MI | $291,547 | $1,125 | 3.01% | |
| 49657 | McBain | MI | $253,671 | $891 | 2.74% | |
| 49625 | Copemish | MI | $243,794 | $954 | 3.05% | |
| 49663 | Manton | MI | $231,054 | $963 | 3.25% | |
| 49601 | Cadillac | MI | $223,373 | $945 | 3.30% | |
| 49668 | Mesick | MI | $215,210 | $1,134 | 4.11% | |
| 49689 | Wellston | MI | $168,349 | $873 | 4.04% | |
| 49638 | Harrietta | MI | $204,922 | $1,026 | 3.91% | |
| 49651 | Lake City | MI | $231,079 | $891 | 3.01% | |
| 49620 | Buckley | MI | $275,245 | $1,125 | 3.19% | |
| 49625 | Copemish | MI | $223,885 | $954 | 3.32% | |
| 49657 | McBain | MI | $257,331 | $891 | 2.70% | |
| 49632 | Falmouth | MI | $193,007 | $873 | 3.53% | |
| 49663 | Manton | MI | $231,436 | $963 | 3.25% | |
| 49668 | Mesick | MI | $214,906 | $1,134 | 4.12% | |
| 49601 | Cadillac | MI | $242,411 | $945 | 3.04% | |
| 49638 | Harrietta | MI | $197,305 | $1,026 | 4.06% | |
| 49651 | Lake City | MI | $221,246 | $891 | 3.14% | |
| 49689 | Wellston | MI | $175,164 | $873 | 3.89% |
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About Cadillac, MI Real Estate Market
The Cadillac, MI metropolitan statistical area (MSA) encompasses 11 cities and 11 ZIP codes. The average home value across the metro is $232,416, with an average monthly rent of $971. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.