Real Estate Investing in Edmore, Michigan (48829)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 48829 (Edmore, 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 Edmore, MI (48829)?
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Market Analysis: 48829 Edmore
Investors eyeing 48829 need to respect the fundamentals at play. Home values of $206K come alongside slower price movement and elevated management overhead.
The 48829 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 48829 and stronger Edmore ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Turning to rents, 3,461 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Edmore's stable or hybrid ZIPs before stepping into 48829. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Edmore:
Market Trends
Home Value History (with trend line)
📊 How Does 48829 Compare?
| Metric | 48829 | Edmore | Grand Rapids-Kentwood, MI | Michigan |
|---|---|---|---|---|
| Home Value | $205,904 | $205,904 | N/A | $253,279 |
| 5-Year CAGR | 5.3% | 5.3% | N/A | 6.8% |
| Avg Rent | $954 | $954 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 48829 (Edmore, MI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $205,904 |
| Monthly Rent | $954 |
| Price-to-Rent | 18.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +15.7% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (3.6%). 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 48829
Population: 3,461
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
Frequently Asked Questions
Should investors consider Edmore, MI?
The 3.0/5 investability rating in Edmore, MI reflects its $206K prices and $954/mo rents. Investors generally consider it a solid option within MI.
How do landlord-tenant laws work in Edmore, MI?
MI ranks as a landlord-friendly state for landlord-tenant law. Edmore generally follows the statewide framework, so landlords face reasonable operating rules.
Should investors worry about vacancy in Edmore, MI?
Vacancy in Edmore, MI is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $954/mo.
Is Edmore, MI good for house hacking?
The house hack math a challenging in Edmore, MI. Owner-occupant buyers benefit from the $954/mo rents and $206K home values.
How strong are rents in Edmore, MI?
The typical rental in Edmore, MI commands about $954/mo monthly. That rent profile predictable cash flow against the $206K purchase basis.
You know 48829 now. You don’t know where it ranks.
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How 48829 ranks in Grand Rapids-Kentwood, MI
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