Real Estate Investing in Naubinway, Michigan (49762)

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

Mackinac County • Population: 620 • Data updated: September 2026

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Should you buy in 49762 (Naubinway, MI)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (43/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
WEAK
2.0 / 5 (38/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 60.9% of homes vacant — above national norms.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Naubinway, MI (49762)?

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2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $206,057
Avg Monthly Rent $1,062
1% Rule ✗ Does Not Meet
Median Income $53,125
% Renters 7.3%

Market Analysis: 49762 Naubinway

ZIP 49762 in Naubinway, MI carries a robust set of headwinds. Home values near $206K and rents of $1,062/mo sit inside a market where underwriting has to be tight.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 49762 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

In the broader MI picture, 49762 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

The 49762 ZIP's population of 620 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.

Distressed ZIPs reward experience. resilient returns are possible in 49762, but they flow to investors who already understand how to operate in soft markets.

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 Naubinway:

B Good
Buy Confidence Score: 70/100
Affordability
15/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.9× the median income
Value Trend
Rising (+7.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,062/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.

Market Trends

Home Value History (with trend line)

$210K$198K$185K$173K$161K$148KFeb 2022May 2024Jul 2026

📊 How Does 49762 Compare?

Metric 49762 Naubinway Michigan
Home Value $206,057 $206,057 $253,279
5-Year CAGR N/A N/A 6.8%
Avg Rent $1,062 $1,062 -
Cap Rate 4.0% 4.0% -
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 49762 (Naubinway, MI). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
4.0%
Fair

📊 Market Snapshot

Home Value $206,057
Monthly Rent $1,062
Price-to-Rent 16.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.2%
Cap Rate 4.0%
5-Year IRR 10.6%

📈 Home Appreciation

1-Year +7.4% ▲
3-Year CAGR +6.6% ▲
5-Year CAGR N/A
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
60.9%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 49762

Population: 620

💰 Median Household Income
$53,125
This area
$53,125
State
$68,013
USA
$74,580
🏠 Renter Occupied
7.3%
This area
7.3%
State
19.4%
USA
34.0%
💼 Unemployment Rate
1.3%
This area
1.3%
State
-2.8%
USA
3.7%
🎓 College Educated
22.6%
This area
22.6%
State
16.5%
USA
33.7%
👤 Median Age
65.5 years
This area
65.5 years
State
36.1 years
USA
38.9 years
🏚️ Vacancy Rate
60.9%
This area
60.9%
State
20.4%
USA
10.5%
👥 Population by Ethnicity
White 76.9%
Other/Mixed 22.3%
Hispanic/Latino 1.4%
Asian 0.7%
👶 Under 18
7.5%
This area
7.5%
USA
22.0%
👴 65 and Over
51.6%
This area
51.6%
USA
17.3%
📊 Poverty Rate
5.7%
This area
5.7%
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

Frequently Asked Questions

What strategy should investors use in Naubinway, MI?

A careful cash-flow rentals with hands-on management strategy Naubinway, MI best. The market produces even-keeled results for that approach at the $206K price point.

How landlord-friendly is Naubinway, MI?

Landlord-friendliness in Naubinway, MI is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Are tenants stable in Naubinway, MI?

Working renters make up the core of the Naubinway, MI tenant base. The pool is reasonable for investors targeting long-term holds.

What does house hacking look like in Naubinway, MI?

For house hackers, Naubinway, MI is a challenging. The $1,062/mo rent on a unit helps defray the mortgage on a $206K property.

What is the median home value in Naubinway, MI?

Typical homes in Naubinway, MI go for around $206K. The 5-year CAGR of 0.0% even-keeled price movement.

You know 49762 now. You don’t know where it ranks.

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