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Market MapMichiganGogebic

Gogebic County

MichiganPopulation: 14,597
64
/100
Buy
#0 of 0 counties
#49 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

$121,518
Median Home Price
0% below national median
$729/mo
Est. Rent
Based on regional data
0.60%
Rent-to-Price Ratio
Estimated from price data
+$0
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score
64/100
64
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
53/100

Based on 0.3% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
92/100

Price-to-income ratio of 2.5x. 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

  • +Affordable relative to local incomes

Challenges

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

Economic Indicators

Population
14,597
Median Income
$47,913
vs $0 national est.
Unemployment Rate
—
Data pending
Price-to-Income
2.5x
Very affordable

Who this market fits

Skip if
  • −You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

CountyVerdict
WexfordMI
65$221,629Est. pending—BuyView
CurrentGogebicMI
64$121,518Est. pending—Buy
CrawfordMI
64$168,088Est. pending—BuyView
OaklandMI
64$353,204$1,7175.83%BuyView
KalamazooMI
64$263,226$1,2985.92%BuyView
BerrienMI
64$262,819$1,4706.71%BuyView

The Bottom Line

BuyGogebic offers solid investment potential with positive cash flow at typical financing.

Gogebic County in Michigan scores 64/100, ranking #0 of 0 US counties (top 50%). 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 Gogebic with stronger cash flow

  • Berrien County for cash-flow rentals
  • Kalamazoo County for cash-flow rentals
  • Oakland County for cash-flow rentals

Head-to-head comparisons

  • Gogebic vs Crawford for rentals
  • Gogebic vs Oakland for rentals
  • Gogebic vs Kalamazoo for rentals
All counties in Michigan →

Rent vs buy in Michigan cities

Rent vs buy in Detroit, MIMedian $172,107 · rent $1,375/moRent vs buy in Grand Rapids, MIMedian $335,851 · rent $1,746/moRent vs buy in Warren, MIMedian $261,061 · rent $1,388/moRent vs buy in Sterling Heights, MIMedian $261,061 · rent $1,388/moRent vs buy in Ann Arbor, MIMedian $399,990 · rent $2,165/moAll Michigan citiesFull rent-vs-buy directory for the state

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