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Market MapMichiganOceana

Oceana County

MichiganPopulation: 26,707
71
/100
Buy
#103 of 1,000 counties
#20 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

$248,645
Median Home Price
6% above national median
$14,764/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
71/100
71
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
89/100

Based on 5.9% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
69/100

Price-to-income ratio of 4.1x. 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 (+5.9% YoY)

Challenges

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

Economic Indicators

Population
26,707
Median Income
$60,691
vs $57,059 national est.
Unemployment Rate
—
Data pending
Price-to-Income
4.1x
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
MidlandMI
72$230,644$1,5117.86%BuyView
GeneseeMI
72$185,183$1,0776.98%BuyView
CurrentOceanaMI
71$248,645Est. pending—Buy
LenaweeMI
71$229,347Est. pending—BuyView
InghamMI
71$216,048$1,3037.24%BuyView
MarquetteMI
71$236,270$1,3546.88%BuyView

The Bottom Line

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

Oceana County in Michigan scores 71/100, ranking #103 of 1,000 US counties (top 14%). 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 Oceana with stronger cash flow

  • Midland County for cash-flow rentals
  • Ingham County for cash-flow rentals
  • Genesee County for cash-flow rentals

Cheaper alternatives to Oceana

  • Genesee County, lower entry price
  • Ingham County, lower entry price
  • Lenawee County, lower entry price

Head-to-head comparisons

  • Oceana vs Lenawee for rentals
  • Oceana vs Ingham for rentals
  • Oceana vs Marquette for rentals
All counties in Michigan →

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