Real Estate Investing in Roscommon, Michigan (48627)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 48627 (Roscommon, MI)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 80.7% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 25.6 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Roscommon, MI (48627)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 48627 Roscommon
Looking more closely, ZIP 48627 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $279K median. It rewards specialists, not generalists.
The investment case in 48627 is sturdy only for operators who understand what they are buying. A $279K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader MI picture, 48627 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 48627 ZIP's population of 129 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
leans the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Roscommon:
Market Trends
Home Value History (with trend line)
📊 How Does 48627 Compare?
| Metric | 48627 | Roscommon | Michigan |
|---|---|---|---|
| Home Value | $278,802 | $242,103 | $253,279 |
| 5-Year CAGR | 5.2% | 6.1% | 6.8% |
| Avg Rent | $909 | $909 | - |
| Cap Rate | 2.5% | 3.0% | - |
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 48627 (Roscommon, MI). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 48627 (Roscommon, MI)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $278,802 |
| Monthly Rent | $909 |
| Price-to-Rent | 25.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +4.8% ▲ |
🏠 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 (2.5%). 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 48627
Population: 129
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
🎓 Nearby Colleges & Universities
Investor Insight: With 899 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are tenants stable in Roscommon, MI?
Roscommon, MI draws a predictable base of working renters. Demand at the $909/mo rent level is reasonable for standard single-family and small multi rentals.
What is it like being a landlord in Roscommon, MI?
MI law landlord-friendly for landlords, and Roscommon inherits those rules. Investors should still review local ordinances for rental licensing.
What are home prices like in Roscommon, MI?
The median home value in Roscommon, MI is roughly $279K. That puts it reasonable relative to the MI statewide average.
How viable is house hacking in Roscommon, MI?
The house hack math a challenging in Roscommon, MI. Owner-occupant buyers benefit from the $909/mo rents and $279K home values.
How does Roscommon, MI rate as a rental market?
Roscommon, MI rates 3.0/5 for investability. With median values at $279K and rents near $909/mo, the market offers reasonable fundamentals for rental investors.
You know 48627 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 48627 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
AI Market Advisor
Ask questions about investing in 48627 (Roscommon)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 48627 (Roscommon, MI).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.