Real Estate Investing in Coloma, Michigan

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 8,577 • Berrien County

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Should you buy in Coloma, MI? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 26.5% of homes vacant — above national norms.

What’s happening in Coloma, MI?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.3% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $256,854
Avg Monthly Rent $1,000
ZIP Codes 1

Investing in Coloma Real Estate

This is a distressed-leaning corner of Michigan: Coloma has 1 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

Investors considering Coloma, MI should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

The $1,000/mo / $257K relationship in Coloma looks thin once vacancy and capex are incorporated into underwriting. looks to the realized yield tends to disappoint.

Coloma's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Niles, MI

Coloma is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$256,854
Avg Monthly Rent
$1,000
1% Rule
✗ Below
Landlord Friendly (MI)

📉 Market Crash Risk Index

Based on Niles, MI metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
53%
Days Pending
0/2
35 days

View all metro crash risk rankings →

⚖️ Balanced Market — Niles, MI metro
35
Days to pending
9.3%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Coloma, MI

Screen every ZIP in Coloma

Filter Coloma’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Coloma, MI

Are homes affordable in Coloma, MI?

Coloma, MI median home values land near $257K. That is reasonable territory for investors looking at $1,000/mo-per-month rentals.

What is the tenant pool like in Coloma, MI?

Expect a solid tenant pool in Coloma, MI. The rental market absorbs $1,000/mo rents without meaningful friction.

How strict are landlord regulations in Coloma, MI?

Coloma, MI operates under MI law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.

How viable is house hacking in Coloma, MI?

The house hack math a challenging in Coloma, MI. Owner-occupant buyers benefit from the $1,000/mo rents and $257K home values.

How tight is the rental market in Coloma, MI?

Coloma, MI carries elevated vacancy risk. Expect steady absorption at market rents of $1,000/mo.

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