Real Estate Investing in Jonesville, Michigan (49250)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 49250 (Jonesville, 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.
- Elevated vacancy: 11.1% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Jonesville, MI (49250)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 49250 Jonesville
ZIP 49250 inside Hillsdale County looks affordable on the surface — median value of $213K — but the discount exists for reasons that a careful buyer should understand before committing.
In practical terms, the numbers look inviting — $213K purchase price, 0.0% nominal cap — the work to hit that pro forma in 49250 is substantial and deserves full respect.
In the broader MI picture, 49250 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 49250 includes headwinds that any investor should price in. Income distribution skews lower than Jonesville averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 49250 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 Jonesville:
Property Strategy for 49250
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $150,061 | $1,040 | 5.0% | +6.3% | $75,030 |
| 3BR | $222,302 | $1,330 | 4.3% | +7.7% | $74,101 |
| 4BR | $245,562 | $1,480 | 4.3% | +6.8% | $61,391 |
Market Trends
Home Value History (with trend line)
📊 How Does 49250 Compare?
| Metric | 49250 | Jonesville | Hillsdale, MI | Michigan |
|---|---|---|---|---|
| Home Value | $212,783 | $212,783 | N/A | $253,279 |
| 5-Year CAGR | 4.5% | 4.5% | N/A | 6.8% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 49250 (Jonesville, MI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $212,783 |
| Monthly Rent | $936 |
| Price-to-Rent | 18.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +8.7% ▲ |
| 3-Year CAGR | +5.0% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (3.4%). 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 49250
Population: 5,674
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 49250
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
Frequently Asked Questions
Is Jonesville in MI worth investing in?
Investors tracking Jonesville, MI will find a 3.0/5 rating supported by $213K median home values and $936/mo rents. That profile suits long-term holders targeting measured returns.
What strategy should investors use in Jonesville, MI?
Investors usually favor careful cash-flow rentals with hands-on management in Jonesville, MI. With home values at $213K and rents near $936/mo, other strategies can work but produce consistent rather than outsized returns.
What do landlords charge for rent in Jonesville, MI?
Expect rents around $936/mo per month in Jonesville, MI. With home values at $213K, the yield math works out to reasonable levels for rental investors.
Does house hacking work in Jonesville, MI?
House hacking works a challenging in Jonesville, MI. Rents of $936/mo against $213K acquisition make the strategy solid for owner-occupants.
How much should I expect to pay for a home in Jonesville, MI?
Typical homes in Jonesville, MI go for around $213K. The 5-year CAGR of 0.0% even-keeled price movement.
You know 49250 now. You don’t know where it ranks.
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How 49250 ranks in Hillsdale, MI
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