How much is a home worth in ZIP code 48473?

The typical home in 48473 is worth $250,161, based on the Zillow Home Value Index.

Are home values rising in 48473?

Home values in 48473 are up 5.9% over the past year, and up 5.2% a year over five years.

What is the typical rent in 48473?

A typical home in 48473 rents for about $1,289 a month, a gross rental yield of 6.2%.

What is the property tax rate in 48473?

The effective property tax rate in 48473 is 1.2% — roughly $3,017 a year on a typical home.

ZIP code 48473 has a population of 22,339 and a median household income of $77,921.

HousingHandbookReference data

…

U.S. ZIP Code · MI48473

Genesee County · Flint, MI

Typical home value

$250,161^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +5.9%
5-year / yr: +5.2%
10-year / yr: +6.9%

Relative price

vs U.S.: -11.9%
vs metro: +33.9%
vs state: +4.6%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 48473 is worth $250,161 — 33.9% above the Flint, MI median. Over the past year, values have risen 5.9%. Homes here rent for a typical $1,289 a month — a 6.2% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,289^[2]
Gross yield: 6.2%^[2]
Cap rate: 3.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.2%^[3]
Typical annual tax: $3,017^[3]

#Climate risk

FEMA National Risk Index ratings for Genesee County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively Low

#Who lives here

Population: 22,339^[3]
Median household income: $77,921^[3]

#Migration

Household moves in and out of Genesee County over a year, from IRS tax-return data.

Net migration: +14^[5]
Moved in: 7,983
Moved out: 7,969

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 8
Elementary: 5
Middle: 1
High: 1

Swartz Creek High School
High · Grades 9–12 · Swartz Creek Community Schools
1,028 students
Swartz Creek Middle School
Middle · Grades 6–8 · Swartz Creek Community Schools
754 students
Morrish Elementary School
Elementary · Grades K–2 · Swartz Creek Community Schools
440 students
Elms Road Elementary School
Elementary · Grades 3–5 · Swartz Creek Community Schools
408 students
Syring Elementary School
Elementary · Grades PK–2 · Swartz Creek Community Schools
339 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.2%

Net yield (after ~40% expenses)3.7%

Annual rent$15,467

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,265

Loan principal$200,129

Down payment$50,032

Total interest paid$255,253

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.34

Monthly cost to own$1,726

Monthly rent$1,289

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 30th percentile^[1]
Rental yield: 22nd percentile^[2]
Property tax: 47th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 48473?: The typical home in 48473 is worth $250,161, based on the Zillow Home Value Index.
Are home values rising in 48473?: Home values in 48473 are up 5.9% over the past year, and up 5.2% a year over five years.
What is the typical rent in 48473?: A typical home in 48473 rents for about $1,289 a month, a gross rental yield of 6.2%.
What is the property tax rate in 48473?: The effective property tax rate in 48473 is 1.2% — roughly $3,017 a year on a typical home.
Who lives in 48473?: ZIP code 48473 has a population of 22,339 and a median household income of $77,921.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

48463 vs 48473 →
Otisville, MI
Typical home
$244,111
Gross yield
—
48423 vs 48473 →
Davison, MI
Typical home
$258,959
Gross yield
4.8%
48433
Flushing, MI
Typical home
$240,081
Gross yield
—
48420
Clio, MI
Typical home
$218,864
Gross yield
—
48436
Gaines, MI
Typical home
$289,473
Gross yield
—
48457
Burt CDP, MI
Typical home
$208,266
Gross yield
—

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#Jump to section

U.S. ZIP Code · MI48473

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