ZIP 49402 Foreclosure, Tax-Lien & Distress Report

ZIP code 49402 in Lake County, Michigan carries a composite property-distress score of 8/100 — a minimal reading on DLRadar's deterministic public-record index. On the structural side it scores 17/100, with 3/100 of stress already active. The sharpest non-environmental signals are construction/permit lag (19/100), structural risk (17/100), institutional ownership (16/100). On the quiet end sit institutional ownership (16/100) and mortgage stress (10/100).

The market reads peak — home values rose 4.9% year on year, and 35% higher over three years (phase confidence 29/100). At a peak the opportunity is selective — specific stressed parcels, not a broad discount.

The demographic-stress sub-score lands at 37/100. Around 69% of renters are cost-burdened. About 19% have a four-year degree. A median home runs $169,800 here, or 3.2 times local income. The ZIP holds roughly 1,469 housing units. About 1,455 people live here, median age 57. Median household income is $50,563, below the U.S. median near $78,000. The vacancy rate is 54.8% — elevated. Roughly 13.6% live below the poverty line. 95% of housing is owner-occupied.

Net-net, 49402 is a working-distress ZIP — the kind that rewards current, parcel-level intelligence. There is no property file for 49402 at the moment; the composite and its components are still built from verifiable public records.

Big metro or rural, 49402 runs through one identical public-record model, so its 8/100 sits on the same scale as every other ZIP in Lake County, Michigan and the nation. Where the public record is thin for 49402, the field stays empty rather than modeled, and fills in as new documents post.

The 8/100 figure for 49402 is a composite, not one metric: it rolls up foreclosure and pre-foreclosure activity, mortgage stress, tax delinquency and liens, local lender headwind, and structural risk into a single reading, which is why a ZIP can look calm on price yet score high on distress. In workflow terms, 49402 is a go/no-go - the score says whether to drill in, then DLRadar carries you to parcels, capital and closing.