Real Estate Investing in Hampton, Michigan (48732)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 48732 (Hampton, 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.
What’s happening in Hampton, MI (48732)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 48732 Hampton
ZIP 48732 inside Bay County looks affordable on the surface — median value of $213K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $213K asset, 48732 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 48732's metrics run below Bay County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 48732 ZIP's population of 11,308 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
Experienced landlords with local relationships tend to find 48732 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Hampton:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 48732 Compare?
| Metric | 48732 | Hampton | Bay City, MI | Michigan |
|---|---|---|---|---|
| Home Value | $213,091 | $213,091 | N/A | $253,279 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 6.8% |
| Avg Rent | $1,039 | $1,039 | N/A | - |
| Cap Rate | 3.8% | 3.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 48732 (Hampton, MI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $213,091 |
| Monthly Rent | $1,039 |
| Price-to-Rent | 17.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.8% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +10.4% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (3.8%). 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 48732
Population: 11,308
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 48732
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 3,342 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Hampton, MI rate as a rental market?
Hampton, MI scores 3.0/5 for investability. Home values sit at $213K and rents near $1,039/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the average monthly rent in Hampton, MI?
Expect rents around $1,039/mo per month in Hampton, MI. With home values at $213K, the yield math works out to reasonable levels for rental investors.
Where do home prices stand in Hampton, MI?
Hampton, MI home values average about $213K. That price point suits investors targeting rentals with $1,039/mo in monthly income.
Is Hampton, MI good for landlords?
Hampton, MI falls under MI landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What type of investing works in Hampton, MI?
A careful cash-flow rentals with hands-on management strategy Hampton, MI best. The market produces reliable results for that approach at the $213K price point.
You know 48732 now. You don’t know where it ranks.
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How 48732 ranks in Bay City, MI
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