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Market MapMichiganEmmet

Emmet County

MichiganPopulation: 34,072
59
/100
Hold
#360 of 1,000 counties
#62 in Michigan (83 counties)
Analysis by RentalCalcs Research·Independent data + algorithm-driven scoring
Updated May 11, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$442,793
Median Home Price
89% above national median
$26,292/mo
Est. Rent
Based on regional data
5.94%
Rent-to-Price Ratio
Estimated from price data
+$0
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score
59/100
59
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
83/100

Based on 8.9% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
36/100

Price-to-income ratio of 6.4x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Strong price appreciation (+8.9% YoY)

Challenges

  • -Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
  • -High price-to-income ratio makes financing challenging
  • -Limited rent data (estimates used)

Economic Indicators

Population
34,072
Median Income
$69,690
vs $57,059 national est.
Unemployment Rate
—
Data pending
Price-to-Income
6.4x
Less affordable

Who this market fits

Best for
  • +Appreciation buyers: YoY growth is meaningfully above the long-run average
Skip if
  • −You can't tolerate negative leverage (cap rate below mortgage rate today)
  • −You rely on FHA-style financing: prices are stretched relative to local incomes

Compare to Nearby Counties

CountyVerdict
IsabellaMI
61$214,416$1,2426.95%BuyView
WashtenawMI
61$399,990$2,1656.49%BuyView
AlleganMI
60$333,542$1,3915.01%BuyView
Van BurenMI
60$256,887$1,6267.59%BuyView
CurrentEmmetMI
59$442,793Est. pending—Hold
Grand TraverseMI
57$398,020$1,8715.64%HoldView

The Bottom Line

HoldEmmet is a neutral market.

Emmet County in Michigan scores 59/100, ranking #360 of 1,000 US counties (top 48%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow. The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow
+$0/mo
Cap Rate
0.0%
Cash-on-Cash
0.0%

Related markets

Markets like Emmet with stronger cash flow

  • Van Buren County for cash-flow rentals
  • Isabella County for cash-flow rentals
  • Washtenaw County for cash-flow rentals

Cheaper alternatives to Emmet

  • Isabella County, lower entry price
  • Van Buren County, lower entry price
  • Allegan County, lower entry price

Head-to-head comparisons

  • Emmet vs Allegan for rentals
  • Emmet vs Van Buren for rentals
  • Emmet vs Isabella for rentals
All counties in Michigan →

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