Real Estate Investing in Grand Haven, Michigan (49417)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 49417 (Grand Haven, 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: 8.2% vacancy may signal weakening demand.
What’s happening in Grand Haven, MI (49417)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 49417 Grand Haven
ZIP 49417 in Grand Haven, MI carries a robust set of headwinds. Home values near $402K and rents of $1,658/mo sit inside a market where underwriting has to be tight.
The investment case in 49417 is impressive only for operators who understand what they are buying. A $402K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within MI, ZIP 49417 trails on several market indicators that neighboring Ottawa County submarkets outperform. The gap is real and solid enough to shape underwriting.
Resident income in 49417 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 49417 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Grand Haven:
Property Strategy for 49417
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $288,103 | $1,270 | 3.2% | — | $288,103 |
| 2BR | $307,381 | $1,450 | 3.4% | +7.7% | $153,691 |
| 3BR | $362,683 | $1,840 | 3.7% | +7.8% | $120,894 |
| 4BR | $457,626 | $2,150 | 3.4% | +8.5% | $114,407 |
| 5BR | $579,260 | — | — | +8.5% | $115,852 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 49417 Compare?
| Metric | 49417 | Grand Haven | Grand Rapids-Kentwood, MI | Michigan |
|---|---|---|---|---|
| Home Value | $401,723 | $401,723 | N/A | $253,279 |
| 5-Year CAGR | 4.9% | 4.9% | N/A | 6.8% |
| Avg Rent | $1,658 | $1,658 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
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 49417 (Grand Haven, 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 | $401,723 |
| Monthly Rent | $1,658 |
| Price-to-Rent | 20.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.2% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +3.2% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | -18.2% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
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.
Demographics in 49417
Population: 33,277
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 49417
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 556 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the investability score for Grand Haven, MI?
Grand Haven, MI reflects an investability rating of 3.0/5, with median home values near $402K and average rents around $1,658/mo. That combination puts it in the sturdy tier for investor interest.
Which real estate strategy fits Grand Haven, MI?
The best-fit strategy in Grand Haven, MI is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How much should I expect to pay for a home in Grand Haven, MI?
Typical homes in Grand Haven, MI go for around $402K. The 5-year CAGR of 0.0% measured price movement.
What are vacancy rates like in Grand Haven, MI?
Vacancy in Grand Haven, MI is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,658/mo.
Are eviction rules reasonable in Grand Haven, MI?
Grand Haven, MI falls under MI landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 49417 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 49417 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 49417 ranks in Grand Rapids-Kentwood, MI
Every ZIP in this metro, ranked. Free.
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