Real Estate Investing in Buckley, Michigan (49620)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 49620 (Buckley, 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.
- High vacancy: 14.1% 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 Buckley, MI (49620)?
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Market Analysis: 49620 Buckley
This part of Wexford County is not an easy win. The 49620 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 49620 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 49620 among MI's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 49620 ZIP's population of 2,859 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
New investors are better served looking at Buckley's stable or hybrid ZIPs before stepping into 49620. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Buckley:
Market Trends
Home Value History (with trend line)
📊 How Does 49620 Compare?
| Metric | 49620 | Buckley | Cadillac, MI | Michigan |
|---|---|---|---|---|
| Home Value | $291,547 | $291,547 | N/A | $253,279 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 6.8% |
| Avg Rent | $1,125 | $1,125 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 49620 (Buckley, MI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $291,547 |
| Monthly Rent | $1,125 |
| Price-to-Rent | 21.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +8.3% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +11.8% ▲ |
🏠 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 (3.0%). 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 49620
Population: 2,859
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 49620
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.
Frequently Asked Questions
How much should I expect to pay for a home in Buckley, MI?
Typical homes in Buckley, MI go for around $292K. The 5-year CAGR of 0.0% measured price movement.
What is the renter demographic in Buckley, MI?
Buckley, MI offers a steady renter base at the $1,125/mo rent level. Tenant turnover is reasonable for well-managed properties.
What are rental rates like in Buckley, MI?
Rental rates in Buckley, MI average $1,125/mo. Tenant demand and $292K home values make the yield look reasonable by investor standards.
Which investment style suits Buckley, MI?
A careful cash-flow rentals with hands-on management strategy Buckley, MI best. The market produces even-keeled results for that approach at the $292K price point.
How does Buckley, MI rate as a rental market?
Buckley, MI rates 3.0/5 for investability. With median values at $292K and rents near $1,125/mo, the market offers reasonable fundamentals for rental investors.
You know 49620 now. You don’t know where it ranks.
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How 49620 ranks in Cadillac, MI
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