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Market MapMichiganPresque Isle

Presque Isle County

MichiganPopulation: 13,083
75
/100
Strong Buy
#37 of 1,000 counties
#2 in Michigan (83 counties)
Analysis by RentalCalcs Research·Independent data + algorithm-driven scoring
Updated January 1, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$206,309
Median Home Price
12% below national median
$12,250/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
75/100
75
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
94/100

Based on 7.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
75/100

Price-to-income ratio of 3.7x. 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 (+7.8% YoY)
  • +Affordable relative to local incomes

Challenges

  • -Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
  • -Limited rent data (estimates used)

Economic Indicators

Population
13,083
Median Income
$55,986
vs $57,059 national est.
Unemployment Rate
—
Data pending
Price-to-Income
3.7x
Moderately 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)

Compare to Nearby Counties

CountyVerdict
CurrentPresque IsleMI
75$206,309Est. pending—Strong Buy
IronMI
75$138,682Est. pending—Strong BuyView
BayMI
75$175,060$1,1437.84%Strong BuyView
GratiotMI
75$172,768Est. pending—Strong BuyView
SaginawMI
74$164,018$1,0597.74%BuyView
KeweenawMI
73$196,365Est. pending—BuyView

The Bottom Line

Strong BuyPresque Isle is a strong buy market with excellent fundamentals for buy-and-hold investors.

Presque Isle County in Michigan scores 75/100, ranking #37 of 1,000 US counties (top 5%). 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 Presque Isle with stronger cash flow

  • Bay County for cash-flow rentals
  • Saginaw County for cash-flow rentals

Cheaper alternatives to Presque Isle

  • Iron County, lower entry price
  • Saginaw County, lower entry price
  • Gratiot County, lower entry price

Head-to-head comparisons

  • Presque Isle vs Iron for rentals
  • Presque Isle vs Bay for rentals
  • Presque Isle vs Gratiot for rentals
All counties in Michigan →

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