Real Estate Investing in Ferrysburg, Michigan (49456)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 49456 (Ferrysburg, MI)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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.
What’s happening in Ferrysburg, MI (49456)?
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Market Analysis: 49456 Ferrysburg
The 49456 ZIP in Ferrysburg, MI is a local-operator market. Outside capital chasing a $422K entry has to pair deep knowledge with the discount.
The investment case in 49456 is healthy only for operators who understand what they are buying. A $422K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 49456 among MI's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 49456 ZIP's population of 19,972 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
The 49456 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Ferrysburg:
Property Strategy for 49456
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $218,616 | $1,310 | 4.3% | — | $218,616 |
| 2BR | $305,609 | $1,500 | 3.5% | +8.1% | $152,805 |
| 3BR | $382,746 | $1,900 | 3.6% | +7.8% | $127,582 |
| 4BR | $509,332 | $2,220 | 3.1% | +7.8% | $127,333 |
| 5BR | $700,149 | — | — | +7.3% | $140,030 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 49456 Compare?
| Metric | 49456 | Ferrysburg | Grand Rapids-Kentwood, MI | Michigan |
|---|---|---|---|---|
| Home Value | $422,003 | $211,001 | N/A | $253,279 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 6.8% |
| Avg Rent | $1,758 | $1,758 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 49456 (Ferrysburg, MI). Anonymous, moderated, never written by AI.
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Property managers serving Ottawa County
Manage rentals here? List your business →AMK Rentals and Property Management provides rental and property management services. summary from their website
The Property Management Association of West Michigan (PMAWM) is an association for property management professionals, offering resources, education, and events. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $422,003 |
| Monthly Rent | $1,758 |
| Price-to-Rent | 20.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (3.3%). 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 49456
Population: 19,972
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 49456
Schools in This ZIP Code
About Repit School Scores
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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
What price range are homes in Ferrysburg, MI?
Median home price in Ferrysburg, MI is near $422K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
Is Ferrysburg, MI landlord-friendly?
MI ranks as a landlord-friendly state for landlord-tenant law. Ferrysburg generally follows the statewide framework, so landlords face reasonable operating rules.
Is it easy to find good tenants in Ferrysburg, MI?
Tenant demand in Ferrysburg, MI is solid. The local workforce $1,758/mo rents across most rental classes.
How do experienced investors play Ferrysburg, MI?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Ferrysburg, MI. The numbers - $422K homes against $1,758/mo rents - support that play.
What is the average monthly rent in Ferrysburg, MI?
Expect rents around $1,758/mo per month in Ferrysburg, MI. With home values at $422K, the yield math works out to reasonable levels for rental investors.
You know 49456 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 49456 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.
How 49456 ranks in Grand Rapids-Kentwood, MI
Every ZIP in this metro, ranked. Free.
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