CashFlowRE
Sign in Sign up
1440 Catalpa Dr
D- Composite 38.43
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +15.0/15.0
  • Cash flow +6.1/30.0
  • Schools +4.9/10.0
  • Livability +4.6/5.0
  • 1% rule +2.5/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • DSCR +0.4/10.0
  • Appreciation +0.0/10.0

$299,500

1440 Catalpa Dr · Berkley, MI 48072
3 bd · 1.0 ba · 1,236 sqft · SingleFamily public records · 24 Days on market
Built 1952 7,405 sqft lot $242/sqft · 5% above area Est $400k · 25% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.

Key facts

  • 7,405 sq ft lot
  • Garage
  • Built 1952

Property features AI

Exterior

  • Parking: Detached 1-car garage
  • Utilities: Public water; Public sewer
  • Home design: Single family residence; One and one half stories; Ground-level entry; Brick construction
  • Construction: Asphalt roof; Block foundation; Built with brick
  • Exterior features: Deck; Fenced backyard; Paved road access

Interior

  • Kitchen: Dishwasher; Disposal; Free‑standing gas oven; Free‑standing refrigerator; Ice maker; Microwave; Range hood; Stainless steel appliances
  • Bedrooms: 5 total rooms (includes bedrooms and living spaces)
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Forced air heating (natural gas); Central air conditioning
  • Interior features: Partially finished basement; Exhaust fan
  • Laundry & utility: Washer hookup; Washer; Dryer; Gas dryer hookup; Gas water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $300k.

Deal economics

  • At list price, monthly cash flow is $-562 ($-7k/yr) — negative.
  • To cash-flow at today's rent, offer at most $200k (33.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $224k (25.3% below list).
  • Recommended offer: $200k (33.1% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 92/100 on livability (#1 in MI, #33 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, commute A+.
  • Berkley School District (suburban): math 47% / reading 62% proficiency, ranked #64 of 540 in MI (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 18% free/reduced lunch — higher-income household profile.
  • Market conditions: 82 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 24 days — a 2% lower offer ($295k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 26y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $158k; list at $300k implies a 90% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: property tax is 2.5% of price; built in 1952 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $200,267 (33.1% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.75%
Cap rate
4.04%
Cash-on-cash
-8.04%
DSCR
0.64
GRM
11.2

CMA / ARV

ARV (median comp)
$399,855
List price
$299,500
Delta
-25.10%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1691 Catalpa Dr 0.15mi 3/2.0 1,264 (+2%) 1mo $330,000 $261 84
1761 Stanford Rd 0.52mi 3/1.0 1,206 (-2%) 2mo $300,000 $249 70
1714 W Farnum Ave 0.43mi 3/2.0 1,204 (-3%) 6mo $360,000 $299 67
10024 Kingston Ave 0.64mi 3/1.5 1,250 (+1%) 4mo $378,015 $302 63
1197 Columbia Rd Rd 0.45mi 3/2.0 1,155 (-7%) 3mo $280,000 $242 61
2362 Berkley Ave 0.55mi 3/2.0 1,168 (-6%) 0mo $390,000 $334 61
2059 Columbia Rd 0.57mi 2/2.5 (-1) 1,203 (-3%) 2mo $400,000 $333 56
1217 Mayfield Dr 0.66mi 3/1.5 1,369 (+11%) 5mo $387,000 $283 45
852 Cambridge Rd 0.50mi 2/2.0 (-1) 1,400 (+13%) 4mo $310,000 $221 42
10034 Lasalle Blvd 0.69mi 3/1.5 1,088 (-12%) 5mo $344,000 $316 42
10044 Lasalle Blvd 0.68mi 3/2.0 1,405 (+14%) 5mo $450,000 $320 37
2330 Rosemont Rd 0.71mi 4/2.0 (+1) 1,374 (+11%) 4mo $319,000 $232 36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
-30.3%
Equity multiple
-0.00×
Total profit
$-84,116
Equity at exit
$44,656
10-year hold
IRR
-31.8%
Equity multiple
-0.41×
Total profit
$-118,534
Equity at exit
$25,895

Cash invested: $83,860 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
62 Landlord-Friendly
State Michigan
62 Landlord-Friendly · EVEN
County
— inherits STATE
City
— inherits STATE
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

ZIP-level market 48072

Active inventory
82
Price-to-rent
11.2×

Monthly cashflow live

Estimated rent
$2,236 high interval (Pro) →
Mortgage (P&I)
$1,571
Tax from tax record
$633 /mo · $7,593/yr
Insurance
$125
HOA
$0
Vacancy / Maint / Mgmt
$470
Net cashflow
$-562

Break-even live

Break-even rent $2,947
Max offer price $200,267
Occupancy floor

Sensitivity live

Price -10% $-392 -5% $-477 +0% $-562 +5% $-647 +10% $-731
Rent -10% $-738 -5% $-650 +0% $-562 +5% $-473 +10% $-385
Rate -1.0pp $-411 -0.5pp $-486 base $-562 +0.5pp $-639 +1.0pp $-718

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$74,875
Closing costs
$8,985
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 30 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1674 Eaton Rd Berkley, MI 3.0 2.0 1500 $2,975 $1.98 44d 1 0.19mi
1079 Larkmoor Blvd Berkley, MI 3.0 1.5 1152 $2,350 $2.04 25d 1 0.38mi
1607 Catalpa Dr Unit 1607 Catalpa Royal Oak, MI 2.0 1.0 950 $2,100 $2.21 25d 1 0.46mi
2200 Berkley Ave Apt 102 Berkley, MI 2.0 1.0 900 $1,340 $1.49 25d 1 0.55mi
2330 Wiltshire Rd Berkley, MI 3.0 1.0 1254 $2,400 $1.91 2d 1 0.56mi
2575 Catalpa Dr Unit 2575-16 Berkley, MI 2.0 1.0 1100 $1,495 $1.36 25d 1 0.70mi
2575 Catalpa Dr Unit 2575-06 Berkley, MI 2.0 2.0 1100 $1,695 $1.54 25d 1 0.70mi
2639 Oxford Rd Berkley, MI 2.0 1.0 1010 $2,495 $2.47 0d 1 0.76mi
1031 N Sherman Dr Unit A Royal Oak, MI 3.0 2.5 1500 $3,000 $2.00 2d 1 0.88mi
1923 Crooks Rd Unit 1923-18 Royal Oak, MI 2.0 1.0 1000 $1,350 $1.35 25d 1 1.04mi
1723 Edgewood Dr Unit Labs Royal Oak, MI 3.0 3.0 1451 $3,000 $2.07 5d 1 1.12mi
418 Austin Ave Royal Oak, MI 3.0 1.0 946 $2,200 $2.33 4d 1 1.14mi
3185 Buckingham Ave Berkley, MI 3.0 1.0 1091 $1,895 $1.74 25d 1 1.20mi
201 N Lafayette Ave Royal Oak, MI 1.0–2.0 1.0 755 $1,587 $2.10 0d 5 1.24mi
1414 Crooks Rd Unit 2 Royal Oak, MI 3.0 2.0 1400 $1,800 $1.29 25d 1 1.27mi
430 N Washington Ave Unit A Royal Oak, MI 2.0 1.0 1150 $1,895 $1.65 25d 1 1.28mi
308 W Twelve Mile Rd Unit 4/D Royal Oak, MI 3.0 1.0 1000 $2,200 $2.20 20d 1 1.30mi
1814 N Center St Royal Oak, MI 3.0 1.5 1072 $1,790 $1.67 4d 1 1.40mi
3936 Royal Ave Berkley, MI 3.0 2.0 900 $2,000 $2.22 44d 1 1.41mi
480 N Main St Royal Oak, MI 1.0–2.0 1.0–2.0 1045 $4,645 $4.44 0d 6 1.42mi
3225 Benjamin Ave #2 Royal Oak, MI 2.0 1.0 800 $1,525 $1.91 5d 1 1.43mi
350 N Main St Unit 608 Royal Oak, MI 2.0 2.0 1137 $2,500 $2.20 25d 1 1.44mi
350 N Main St #806 Royal Oak, MI 2.0 2.0 1100 $2,400 $2.18 25d 1 1.45mi
118 N Main St Royal Oak, MI 3.0 1.0–3.0 1432 $6,200 $4.33 0d 4 1.46mi
3115 Evergreen Dr Royal Oak, MI 1.0–2.0 1.0 887 $1,630 $1.84 5d 8 1.47mi
122 W Houstonia Ave Royal Oak, MI 2.0 1.0 800 $1,350 $1.69 25d 1 1.47mi
122 W Houstonia Ave Unit B Royal Oak, MI 2.0 1.0 800 $1,350 $1.69 21d 1 1.47mi
3264 Coolidge Hwy Royal Oak, MI 2.0 1.0 916 $1,600 $1.75 5d 1 1.47mi
13710 Balfour St Oak Park, MI 4.0 1.0 1152 $2,450 $2.13 17d 1 1.49mi
3282 Coolidge Hwy Royal Oak, MI 2.0 1.0 916 $1,650 $1.80 25d 1 1.50mi

Listing history 31 events

  1. 2026-06-04
    statusdays on market $299,500 Pending 24 DOM
    Show marketing remark (743 chars)

    Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.

  2. 2026-06-03
    days on market $299,500 Active Under Contract 23 DOM
  3. 2026-06-02
    days on market $299,500 Active Under Contract 22 DOM
  4. 2026-06-01
    days on market $299,500 Active Under Contract 21 DOM
  5. 2026-05-31
    days on market $299,500 Active Under Contract 20 DOM
  6. 2026-05-17
    historical Accepting Backup Offers 743-char remark
    Show marketing remark (743 chars)

    Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.

  7. 2026-05-17
    historical Active Under Contract 751-char remark
    Show marketing remark (743 chars)

    Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.

  8. 2026-05-12
    listed $299,500 Active 743-char remark
    Show marketing remark (743 chars)

    Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.

  9. 2026-05-12
    listed $299,500 Active 751-char remark
    Show marketing remark (743 chars)

    Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.

  10. 2026-05-08
    price $299,500 743-char remark
    Show marketing remark (743 chars)

    Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.

  11. 2026-05-08
    price $299,500 751-char remark
    Show marketing remark (743 chars)

    Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.

  12. 2026-05-08
    historical $294,500 743-char remark
    Show marketing remark (743 chars)

    Charming all-brick bungalow in Berkley Schools with high-end updates throughout. Stunning chef's kitchen featuring espresso shaker cabinetry, granite counters, center island with seating, stainless gas range with vent hood, French-door refrigerator, and travertine flooring - opening to a multi-level wood deck and fully fenced backyard. Hardwood floors throughout main level, crown molding, modern lighting, neutral palette. Main-floor bedroom + spacious upper-level bedroom retreat with vaulted ceilings. Full bath retains classic black-tile surround. New water heater (2026). Detached 1-car garage. Meticulously maintained. Seller will review all offers Tuesday May 19 at 5:00 PM - highest and best requested. Pre-approval/POF required.

  13. 2016-02-25
    soldstatus $158,000
  14. 2016-02-19
    soldstatus $158,000 Sold
    Show marketing remark (336 chars)

    Fantastic Brick & Vinyl Bungalow - Inviting Open Living & Dining Room w/ Wood Floor. - UPDATEDBATH, Totally Re-Done Master Bedroom, 1 1/2 Car Garage, Deck, Newer Windows, Newer Hot Water Heater. Newer Garage door. Listing Agent related to seller. Dining room could be converted to 3rd bedroom. New Landscaping in front yard.

  15. 2016-02-19
    soldstatus $158,000 Closed
    Show marketing remark (336 chars)

    Fantastic Brick & Vinyl Bungalow - Inviting Open Living & Dining Room w/ Wood Floor. - UPDATEDBATH, Totally Re-Done Master Bedroom, 1 1/2 Car Garage, Deck, Newer Windows, Newer Hot Water Heater. Newer Garage door. Listing Agent related to seller. Dining room could be converted to 3rd bedroom. New Landscaping in front yard.

  16. 2016-01-19
    status Pending
    Show marketing remark (336 chars)

    Fantastic Brick & Vinyl Bungalow - Inviting Open Living & Dining Room w/ Wood Floor. - UPDATEDBATH, Totally Re-Done Master Bedroom, 1 1/2 Car Garage, Deck, Newer Windows, Newer Hot Water Heater. Newer Garage door. Listing Agent related to seller. Dining room could be converted to 3rd bedroom. New Landscaping in front yard.

  17. 2016-01-19
    status Pending
    Show marketing remark (336 chars)

    Fantastic Brick & Vinyl Bungalow - Inviting Open Living & Dining Room w/ Wood Floor. - UPDATEDBATH, Totally Re-Done Master Bedroom, 1 1/2 Car Garage, Deck, Newer Windows, Newer Hot Water Heater. Newer Garage door. Listing Agent related to seller. Dining room could be converted to 3rd bedroom. New Landscaping in front yard.

  18. 2015-11-28
    listed $165,000 Active
    Show marketing remark (336 chars)

    Fantastic Brick & Vinyl Bungalow - Inviting Open Living & Dining Room w/ Wood Floor. - UPDATEDBATH, Totally Re-Done Master Bedroom, 1 1/2 Car Garage, Deck, Newer Windows, Newer Hot Water Heater. Newer Garage door. Listing Agent related to seller. Dining room could be converted to 3rd bedroom. New Landscaping in front yard.

  19. 2015-11-28
    listed $165,000 Active
    Show marketing remark (336 chars)

    Fantastic Brick & Vinyl Bungalow - Inviting Open Living & Dining Room w/ Wood Floor. - UPDATEDBATH, Totally Re-Done Master Bedroom, 1 1/2 Car Garage, Deck, Newer Windows, Newer Hot Water Heater. Newer Garage door. Listing Agent related to seller. Dining room could be converted to 3rd bedroom. New Landscaping in front yard.

  20. 2007-08-31
    historical
  21. 2007-08-31
    historical
  22. 2006-08-28
    listed $170,000
  23. 2006-08-28
    listed $170,000
  24. 2000-06-29
    soldstatus $140,142
  25. 2000-06-21
    soldstatus $140,142
  26. 2000-03-08
    historical
  27. 2000-02-03
    listed $144,900
  28. 1994-08-11
    soldstatus $99,000
  29. 1992-06-22
    soldstatus $85,200
  30. 1990-05-15
    soldstatus $80,100
  31. 1986-11-01
    soldstatus $48,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

Current annual tax
$7,593 · $633/mo
Projected year-2 tax
$7,593 · $633/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 2/10 Low 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 6 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$26,832
− Mortgage interest
−$16,777
− Property taxes
−$7,593
− Insurance
−$1,498
− Repairs & maintenance
−$2,147
− Management
−$2,147
− Depreciation
−$8,713
Taxable loss
−$12,041
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,890
After-tax cash flow
$-3,851/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Berkley School District
NCES district ID
2605010
Math proficiency
47% ▼ -10.00%
Reading proficiency
62% ▼ -3.00%
Median HH income
$72,519
Composite
48.61/100
National rank
#2109
State rank
#64 of 540 in MI

Livability — Berkley

Score
92/100
State rank
#1
US rank
#33

Category grades

Amenities A Commute A+ Cost of living A Crime A+ Employment A+ Housing A+ Health & safety B- User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Berkley, MI
County
Oakland County · 1,009,092 people
City population
15,149
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
15,149
Household income
$116,239
Rent vs Own
12.1% rent · 87.9% own
Severe rent burden
127.0

Population outlook (Oakland County) Hauer SSP2

Today (2025)
1,335,747 people
By 2030
1,375,100 · +2.9%
By 2040
1,435,385 · +7.5%
By 2050
1,469,250 · +10.0%
By 2075
1,531,946 · +14.7%
By 2100
1,450,485 · +8.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (86%)
Race & ethnicity
White 86% Two or more races 8% Hispanic / Latino 3% Black 2%
Common ancestry
Romanian 12% Lithuanian 4% Slovak 4%
Foreign-born
3% · Canada
Languages at home
96% English-only · Other Indo-European 1% Spanish 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Oakland

2024 margin
D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
2008→2024 swing
-3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
All cycles
2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -502.41%
Current HPI
225.7389
Rent YoY
Metro
Detroit-Warren-Dearborn, MI
State GDP YoY
▲ 1.37%
F500 in state
28

Industry mix (Fortune 500 HQ in MI)

Industry F500 HQs Revenue

Price history

+524.0% since first listed
28 events — show timeline
  • 2026-06-04 Pending MiRealSource-MiMLS
  • 2026-06-04 Pending REALCOMP
  • 2026-05-17 Contingent MiRealSource-MiMLS
  • 2026-05-17 Contingent REALCOMP
  • 2026-05-12 Listed $299,500 MiRealSource-MiMLS
  • 2026-05-12 Listed $299,500 REALCOMP
  • 2026-05-08 Price Changed $299,500 MiRealSource-MiMLS
  • 2026-05-08 Price Changed $299,500 REALCOMP
  • 2026-05-08 Coming Soon $294,500 MiRealSource-MiMLS
  • 2016-02-25 Sold (Public Records) $158,000 Public Records
  • 2016-02-19 Sold (MLS) $158,000 MiRealSource-MiMLS
  • 2016-02-19 Sold (MLS) $158,000 REALCOMP
  • 2016-01-19 Pending MiRealSource-MiMLS
  • 2016-01-19 Pending REALCOMP
  • 2015-11-28 Listed $165,000 MiRealSource-MiMLS
  • 2015-11-28 Listed $165,000 REALCOMP
  • 2007-08-31 Listing Removed MiRealSource-MiMLS
  • 2007-08-31 Listing Removed REALCOMP
  • 2006-08-28 Listed $170,000 MiRealSource-MiMLS
  • 2006-08-28 Listed $170,000 REALCOMP
  • 2000-06-29 Sold (Public Records) $140,142 Public Records
  • 2000-06-21 Sold (MLS) $140,142 MiRealSource-MiMLS
  • 2000-03-08 Listing Removed MiRealSource-MiMLS
  • 2000-02-03 Listed $144,900 MiRealSource-MiMLS
  • 1994-08-11 Sold (Public Records) $99,000 Public Records
  • 1992-06-22 Sold (Public Records) $85,200 Public Records
  • 1990-05-15 Sold (Public Records) $80,100 Public Records
  • 1986-11-01 Sold (Public Records) $48,000 Public Records

Property tax history

+6.5%/yr

Latest (2025): $7,593 · +2.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…