Real Estate Investing in South Rockwood, Michigan (48179)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 48179 (South Rockwood, MI)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in South Rockwood, MI (48179)?
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Market Analysis: 48179 South Rockwood
ZIP 48179 in South Rockwood, MI carries a solid set of headwinds. Home values near $323K and rents of $1,512/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $323K asset, 48179 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 48179 and stronger South Rockwood ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 48179 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. resilient returns are possible in 48179, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in South Rockwood:
Property Strategy for 48179
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $204,531 | $1,680 | 5.9% | +7.7% | $102,265 |
| 3BR | $286,421 | $2,030 | 5.1% | +7.5% | $95,474 |
| 4BR | $390,679 | $2,720 | 5.0% | +8.0% | $97,670 |
Market Trends
Home Value History (with trend line)
📊 How Does 48179 Compare?
| Metric | 48179 | South Rockwood | Monroe, MI | Michigan |
|---|---|---|---|---|
| Home Value | $322,734 | $322,734 | N/A | $253,279 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 6.8% |
| Avg Rent | $1,512 | $1,512 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 48179 (South Rockwood, MI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $322,734 |
| Monthly Rent | $1,512 |
| Price-to-Rent | 17.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.7% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +12.4% ▲ |
| 3-Year CAGR | +7.4% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 48179
Population: 3,353
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 48179
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 549 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is South Rockwood, MI for real estate investors?
South Rockwood, MI scores 3.0/5 for investability. Home values sit at $323K and rents near $1,512/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Are rents high in South Rockwood, MI?
Rents in South Rockwood, MI run near $1,512/mo. Compared with median home prices of $323K that produces solid gross yields for typical rentals.
How should investors approach South Rockwood, MI?
In South Rockwood, MI the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $323K prices and $1,512/mo rents suits that approach.
How do home values compare in South Rockwood, MI?
Homes in South Rockwood, MI typically sell near $323K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
Do landlords face vacancy issues in South Rockwood, MI?
Expect elevated vacancy in South Rockwood, MI. Rents at $1,512/mo are absorbed by the tenant base without meaningful lag.
You know 48179 now. You don’t know where it ranks.
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How 48179 ranks in Monroe, MI
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