ZIP 49915 Property Distress & Foreclosure Data

DLRadar grades ZIP 49915 (Iron County, Michigan) at a minimal 13/100 for overall property distress. Property-level stress concentrates in construction/permit lag (47/100), structural risk (28/100), mortgage stress (10/100). mortgage stress (10/100) and institutional ownership (5/100) stay muted. Structural exposure scores 28 and live distress 3 on the 0–100 scale.

Prices here sit in a expansion phase: values rose 6.4% over the trailing year, at 37/100 phase confidence. Even climbing markets leave specific parcels in distress; the scoring isolates them.

There are about 359 housing units across 49915. The tenure split is 80% owner-occupied to 20% rented. 520 residents call 49915 home, typically aged 54. Rent burden reaches 49% of tenant households. Vacancy runs 19.4%, above the national norm and a classic distress-and-opportunity signal. On demographic stress specifically, 49915 scores 29/100. Roughly 23.8% live below the poverty line, elevated and often tied to deferred-maintenance inventory. Households earn a median $41,786 — below the roughly $78,000 national figure. A median home runs $79,100 here, or 1.7 times local income. About 16% have a four-year degree.

Taken together, 49915 profiles as an active-distress market where motivated-seller and below-market acquisitions concentrate. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.