ZIP 48615

ZIP 48615 is in the Alma, MI market. Market numbers below; the ZIP's rank is on the map.

Median cap rate
: 2.5%.
Median IRR
: 1.2%.
Median list price
: $215,000.
Appreciation
: 3.5%/yr .
Rent growth
: 2.9%/yr .
Sources: FHFA House Price Index® (developmental annual index), U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public listings under system-default underwriting, updated October 2026.

For sale in ZIP 48615