Real Estate Investing in Cass City, Michigan (48726)

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

Tuscola County • Population: 5,715 • Data updated: September 2026

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Should you buy in 48726 (Cass City, 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: 13.2% of homes vacant — above national norms.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Cass City, MI (48726)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $186,705
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $62,232
% Renters 17.7%

Market Analysis: 48726 Cass City

The 48726 ZIP covers a section of Cass City that demands careful diligence. Prices near $187K look accessible, but the work to make a deal cash flow is real.

For an experienced owner, 48726 can be a a solid fit for hunting ground — but the discount at $187K reflects genuine risk that outside investors often underestimate.

Within MI, ZIP 48726 trails on several market indicators that neighboring Tuscola County submarkets outperform. The gap is real and healthy enough to shape underwriting.

Demographically, 48726 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

Distressed ZIPs reward experience. durable returns are possible in 48726, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Cass City:

B Good
Buy Confidence Score: 74/100
Affordability
20/25
Appreciation
22/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 3× the median income
Value Trend
Rising (+9.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$197K$171K$145K$119K$93K$67KJan 2009Oct 2017Jul 2026

📊 How Does 48726 Compare?

Metric 48726 Cass City Michigan
Home Value $186,705 $186,705 $253,279
5-Year CAGR 5.4% 5.4% 6.8%
Avg Rent $873 $873 -
Cap Rate 3.7% 3.7% -
💡 Why Invest in 48726? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 48726 (Cass City, MI). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.7%
Low
5yr Growth
+5.4%
Moderate

📊 Market Snapshot

Home Value $186,705
Monthly Rent $873
Price-to-Rent 17.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.6%
Cap Rate 3.7%
5-Year IRR 9.0%

📈 Home Appreciation

1-Year +9.6% ▲
3-Year CAGR +5.7% ▲
5-Year CAGR +5.4% ▲
10-Year CAGR +7.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
13.2%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.4%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 48726

Population: 5,715

💰 Median Household Income
$62,232
This area
$62,232
State
$68,013
USA
$74,580
🏠 Renter Occupied
17.7%
This area
17.7%
State
19.4%
USA
34.0%
💼 Unemployment Rate
4.2%
This area
4.2%
State
-2.8%
USA
3.7%
🎓 College Educated
13.9%
This area
13.9%
State
16.5%
USA
33.7%
👤 Median Age
43.4 years
This area
43.4 years
State
36.1 years
USA
38.9 years
🏚️ Vacancy Rate
13.2%
This area
13.2%
State
20.4%
USA
10.5%
👥 Population by Ethnicity
White 95.0%
Other/Mixed 2.8%
Black/African American 1.5%
Hispanic/Latino 1.4%
Asian 0.7%
👶 Under 18
23.1%
This area
23.1%
USA
22.0%
👴 65 and Over
20.4%
This area
20.4%
USA
17.3%
📊 Poverty Rate
6.2%
This area
6.2%
USA
11.5%

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 48726

B+ Avg School Grade
2 Schools
18.4:1 Avg Class Size
$14,351 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Cass City Elementary

📚 Pre-K – 06 School
👥
479 Students
👨‍🏫
16.8:1 Class Size
💰
$14,351 Per Student
B Good

Cass City Jr and Sr High School

📚 07 – 12 High School
👥
438 Students
👨‍🏫
20.1:1 Class Size
💰
$14,351 Per Student
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.

Frequently Asked Questions

How quickly do rentals get leased in Cass City, MI?

Vacancy risk in Cass City, MI is elevated. That supports measured cash flow for typical rental holds.

What approach is best for Cass City, MI real estate?

The best-fit strategy in Cass City, MI is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

How much rent can I charge in Cass City, MI?

Rents in Cass City, MI run near $873/mo. Compared with median home prices of $187K that produces solid gross yields for typical rentals.

What does house hacking look like in Cass City, MI?

For house hackers, Cass City, MI is a challenging. The $873/mo rent on a unit helps defray the mortgage on a $187K property.

Is Cass City, MI a good place for real estate investing?

Yes - Cass City, MI a 3.0/5 investability score. With $187K home prices against $873/mo monthly rent, the market delivers a reasonable entry point for new investors.

You know 48726 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 48726 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.

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