Real Estate Investing in Hubbell, Michigan (49934)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 49934 (Hubbell, MI)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 20.6% 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 Hubbell, MI (49934)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 49934 Hubbell
Investors eyeing 49934 need to respect the fundamentals at play. Home values of $131K come alongside slower price movement and elevated management overhead.
From an investor standpoint, the numbers look inviting — $131K purchase price, 0.0% nominal cap — the work to hit that pro forma in 49934 is substantial and deserves full respect.
In the broader MI picture, 49934 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 49934 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Hubbell's stable or hybrid ZIPs before stepping into 49934. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Hubbell:
Market Trends
Home Value History (with trend line)
📊 How Does 49934 Compare?
| Metric | 49934 | Hubbell | Houghton, MI | Michigan |
|---|---|---|---|---|
| Home Value | $131,290 | $131,290 | N/A | $253,279 |
| 5-Year CAGR | 8.5% | 8.5% | N/A | 6.8% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 5.2% | 5.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 49934 (Hubbell, MI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $131,290 |
| Monthly Rent | $873 |
| Price-to-Rent | 12.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.0% |
| Cap Rate | 5.2% |
| 5-Year IRR | 13.7% |
📈 Home Appreciation
| 1-Year | +13.5% ▲ |
| 3-Year CAGR | +8.7% ▲ |
| 5-Year CAGR | +8.5% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (5.2%). 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 49934
Population: 949
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
Frequently Asked Questions
What is the investability score for Hubbell, MI?
Hubbell, MI scores 3.0/5 for investability. Home values sit at $131K and rents near $873/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How tight is the rental market in Hubbell, MI?
Occupancy in Hubbell, MI runs measured with elevated vacancy. Well-priced units at $873/mo lease on reasonable timelines.
Is house hacking profitable in Hubbell, MI?
House hacking in Hubbell, MI is a challenging. With home values around $131K and rents at $873/mo, owner-occupants can offset a meaningful share of PITI.
What is the median home value in Hubbell, MI?
Median home price in Hubbell, MI is near $131K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
What is the average monthly rent in Hubbell, MI?
Rental rates in Hubbell, MI average $873/mo. Tenant demand and $131K home values make the yield look reasonable by investor standards.
You know 49934 now. You don’t know where it ranks.
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How 49934 ranks in Houghton, MI
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