Real Estate Investing in Tipton, Michigan (49287)

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

Lenawee • Population: 2,122 • Data updated: September 2026

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Should you buy in 49287 (Tipton, 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: 24.4% 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 Tipton, MI (49287)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $319,217
Avg Monthly Rent $1,305
1% Rule ✗ Does Not Meet
Median Income $83,148
% Renters 7.0%

Market Analysis: 49287 Tipton

The 49287 ZIP in Tipton, MI is a local-operator market. Outside capital chasing a $319K entry has to pair deep knowledge with the discount.

The 49287 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Nearby ZIPs in Tipton have seen price recovery that 49287 has not matched. Lenawee data supports the view that the spread is structural rather than temporary.

The demographic picture in 49287 includes headwinds that any investor should price in. Income distribution skews lower than Tipton averages, and tenant stability requires active management.

Strategy in 49287 is an operator game, not a passive one. Turning to rents, entry prices of $319K are inviting, the management lift is real and non-optional.

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 Tipton:

C+ Average
Buy Confidence Score: 63/100
Affordability
15/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.8× the median income
Value Trend
Rising (+10.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,305/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.
🏠

Property Strategy for 49287

Which property type performs best in this market?

Best for Cash Flow
2BR
4.4% cap rate
Best for Appreciation
3BR
+7.7% 5yr CAGR
Best Overall Value
4BR
$95,857/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $239,182 $1,450 4.4% $119,591
3BR $300,604 $1,750 4.2% +7.7% $100,201
4BR $383,427 $1,920 3.6% $95,857

Market Trends

Home Value History (with trend line)

$336K$289K$241K$193K$145K$97KJul 2006Jul 2016Jul 2026

📊 How Does 49287 Compare?

Metric 49287 Tipton Michigan
Home Value $319,217 $319,217 $253,279
5-Year CAGR 5.0% 5.0% 6.8%
Avg Rent $1,305 $1,305 -
Cap Rate 3.2% 3.2% -
💡 Why Invest in 49287? 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 49287 (Tipton, MI). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.2%
Low
5yr Growth
+5.0%
Moderate

📊 Market Snapshot

Home Value $319,217
Monthly Rent $1,305
Price-to-Rent 20.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.9%
Cap Rate 3.2%
5-Year IRR 8.2%

📈 Home Appreciation

1-Year +10.4% ▲
3-Year CAGR +5.4% ▲
5-Year CAGR +5.0% ▲
10-Year CAGR +7.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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
24.4%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.0%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 49287

Population: 2,122

💰 Median Household Income
$83,148
This area
$83,148
State
$68,013
USA
$74,580
🏠 Renter Occupied
7.0%
This area
7.0%
State
19.4%
USA
34.0%
💼 Unemployment Rate
2.5%
This area
2.5%
State
-2.8%
USA
3.7%
🎓 College Educated
21.6%
This area
21.6%
State
16.5%
USA
33.7%
👤 Median Age
49.0 years
This area
49.0 years
State
36.1 years
USA
38.9 years
🏚️ Vacancy Rate
24.4%
This area
24.4%
State
20.4%
USA
10.5%
👥 Population by Ethnicity
White 98.4%
Black/African American 1.2%
Other/Mixed 0.4%
👶 Under 18
12.6%
This area
12.6%
USA
22.0%
👴 65 and Over
17.5%
This area
17.5%
USA
17.3%
📊 Poverty Rate
5.1%
This area
5.1%
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

🎓 Nearby Colleges & Universities

2 Nearby
C
Adrian College
1,760 students · 8.6 mi
C
Siena Heights University
1,832 students · 8.7 mi

Frequently Asked Questions

Should investors worry about vacancy in Tipton, MI?

Vacancy in Tipton, MI is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,305/mo.

How much is rent in Tipton, MI?

Rents in Tipton, MI run near $1,305/mo. Compared with median home prices of $319K that produces solid gross yields for typical rentals.

How much does a house cost in Tipton, MI?

Homes in Tipton, MI typically sell near $319K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.

How strong is tenant demand in Tipton, MI?

Tipton, MI draws a even-keeled base of working renters. Demand at the $1,305/mo rent level is reasonable for standard single-family and small multi rentals.

Is Tipton, MI a good place for real estate investing?

Yes - Tipton, MI a 3.0/5 investability score. With $319K home prices against $1,305/mo monthly rent, the market delivers a reasonable entry point for new investors.

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