3620 Campbell St · Dearborn, MI 48124

$140,000

3 bd · 1.0 ba · 1,018 sqft · SingleFamily public records · 79 Days on market

Built 1927 4,792 sqft lot $138/sqft · 23% below area Est $181k · 23% under

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Why this score? — see what drove the B 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).

• Cash flow +27.5/30.0
• ARV discount +15.0/15.0
• DSCR +9.6/10.0
• 1% rule +7.7/10.0
• Livability +4.0/5.0
• Rent growth +3.4/5.0
• Schools +2.8/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this charming 3 bed/1 bath bungalow in the heart of Dearborn. Offering just over 1,000 sq ft of cozy living space, this home blends character with everyday functionality. Three comfortable bedrooms including a loft for privacy. Three window A/C units help keep things cool in the warmer months. A spacious garage offers extra storage and off-street parking. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this home offers great potential. Conveniently located near shopping, schools, parks, and commuter routes. Home has been freshly painted and new flooring in kitchen, laundry room, bedroom and bathroom. Newly installed heater in laundry room can heat up to 1,000 sq ft. All window AC units will stay with the home. Don’t miss your chance to make it yours. Schedule your showing today!

Key facts

• New flooring
• Freshly painted
• Loft for privacy

Tags

• BUNGALOW
• LOFT FOR PRIVACY
• SPACIOUS GARAGE
• FRESHLY PAINTED
• NEW FLOORING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $412 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $132k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.8% vs local median 4.3% in Dearborn — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 80/100 on livability (#84 in MI, #1,904 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities D, schools D-.
• Dearborn City School District (urban): math 26% / reading 39% proficiency, ranked #325 of 540 in MI (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.6%/yr); 148 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.6% rent growth), your $39k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 79 days — a 6% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 18 sale attempts since 8y ago; this cycle's ask has dropped $20k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $100k; 40% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1927 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $131,600 (6.0% below list)

Questions for the listing agent

1. It's been on market 79 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1927 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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.
7. 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.
8. 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: 1.27% ✓
• Cap rate: 9.83%
• Cash-on-cash: 12.62%
• DSCR: 1.56
• GRM: 6.5

CMA / ARV

• ARV (median comp): $181,356
• List price: $140,000
• Delta: -22.80%
• 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
3313 Alice St	0.19mi	3/1.0	1,070 (+5%)	3mo	$210,000	$196	80
20728 Carlysle St	0.24mi	3/1.0	1,087 (+7%)	2mo	$185,000	$170	76
4408 Gertrude St	0.44mi	3/1.0	1,000 (-2%)	1mo	$155,000	$155	75
3837 Katherine St	0.26mi	3/1.5	962 (-6%)	2mo	$208,000	$216	75
3935 Campbell St	0.21mi	3/1.0	914 (-10%)	2mo	$195,000	$213	71
4012 Weddell St	0.58mi	3/1.0	1,007 (-1%)	1mo	$220,000	$218	70
4401 Hipp St	0.56mi	3/1.5	1,011 (-1%)	2mo	$90,000	$89	69
4845 Dudley St	0.67mi	3/1.0	1,020 (+0%)	1mo	$147,000	$144	68
4205 Katherine St	0.46mi	3/1.5	1,080 (+6%)	1mo	$205,000	$190	66
3131 Mckinley St	0.50mi	3/1.0	1,110 (+9%)	2mo	$200,000	$180	60
4993 Clippert St	0.75mi	3/1.0	988 (-3%)	2mo	$159,000	$161	59
4913 Campbell St	0.69mi	3/1.0	936 (-8%)	4mo	$125,000	$134	52

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 · 3.57% rent growth · sell at horizon

5-year hold

• IRR: 3.1%
• Equity multiple: 1.12×
• Total profit: $4,642
• Equity at exit: $20,874

10-year hold

• IRR: 13.2%
• Equity multiple: 2.08×
• Total profit: $42,301
• Equity at exit: $12,105

Cash invested: $39,200 (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.

Methodology + full state rankings →

ZIP-level market 48124

• Rents YoY: 3.6%
• Active inventory: 148
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,784 high
• Mortgage (P&I): −$734
• Tax from tax record: −$204 /mo · $2,452/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$375
• Net cashflow: $412

Break-even live

Break-even rent $1,262

Max offer price $140,000

Occupancy floor 72%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
20728 Carlysle St Dearborn, MI	3.0	1.0	1087	$1,850	$1.70	2d	1	0.21mi
3620 Monroe St Dearborn, MI	3.0	2.0	1100	$1,800	$1.64	10d	1	0.33mi
21337 Audette St Dearborn, MI	3.0	1.0	964	$1,850	$1.92	44d	1	0.46mi
4638 Gertrude St Dearborn Heights, MI	3.0	1.0	1020	$1,700	$1.67	5d	1	0.61mi
4810 Campbell St Dearborn Heights, MI	3.0	1.0	1000	$1,700	$1.70	2d	1	0.64mi
4757 Dudley St Dearborn Heights, MI	3.0	1.0	995	$1,350	$1.36	11d	1	0.66mi
4914 Gertrude St Dearborn Heights, MI	2.0	1.0	908	$1,230	$1.35	17d	1	0.71mi
4681 Weddell St Dearborn Heights, MI	3.0	1.0	860	$1,600	$1.86	2d	1	0.81mi
4934 McKinley St Dearborn Heights, MI	3.0	1.0	1051	$1,700	$1.62	2d	1	0.85mi
4704 Jackson St Dearborn Heights, MI	3.0	1.0	1000	$1,500	$1.50	22d	1	0.86mi
2631 Woodside St Dearborn, MI	3.0	1.0	894	$1,650	$1.85	2d	1	0.86mi
4631 Ziegler St Dearborn Heights, MI	3.0	1.0	1050	$1,650	$1.57	44d	1	0.87mi
2825 Queen St Dearborn, MI	2.0	1.0	1000	$1,299	$1.30	44d	1	0.98mi
2823 Queen St Dearborn, MI	3.0	2.0	1400	$1,599	$1.14	18d	1	0.98mi
3901 Academy St Dearborn Heights, MI	4.0	2.0	1400	$2,100	$1.50	2d	1	1.00mi
22340 Park St Dearborn, MI	2.0	1.0	1056	$1,350	$1.28	5d	1	1.24mi
5371 Culver St Dearborn Heights, MI	3.0	1.0	980	$1,450	$1.48	2d	1	1.30mi
5371 Culver St Dearborn Heights, MI	3.0	1.0	980	$1,500	$1.53	11d	1	1.30mi
4565 Fleming St Dearborn Heights, MI	3.0	1.0	1200	$1,600	$1.33	10d	1	1.31mi
4481 Westpoint St Dearborn Heights, MI	3.0	2.0	768	$1,549	$2.02	15d	1	1.34mi
1008 S Military St Dearborn, MI	2.0	1.5	1500	$2,295	$1.53	44d	1	1.35mi
24154 Dartmouth St Dearborn, MI	2.0	1.0	950	$1,275	$1.34	15d	1	1.46mi

Listing history 50 events

1. 2026-06-18
   days on market $140,000 Active 79 DOM
2. 2026-06-17
   days on market $140,000 Active 78 DOM
3. 2026-06-16
   days on market $140,000 Active 77 DOM
4. 2026-06-15
   days on market $140,000 Active 76 DOM
5. 2026-06-13
   days on market $140,000 Active 74 DOM
6. 2026-06-09
   days on market $140,000 Active 70 DOM
7. 2026-06-08
   days on market $140,000 Active 69 DOM
8. 2026-06-07
   days on market $140,000 Active 68 DOM
9. 2026-06-04
   days on market $140,000 Active 65 DOM
10. 2026-06-03
    days on market $140,000 Active 64 DOM
11. 2026-06-02
    pricedays on market $140,000 Active 63 DOM
12. 2026-06-01
    days on market $145,000 Active 62 DOM
13. 2026-05-31
    days on market $145,000 Active 61 DOM
14. 2026-05-15
    price $145,000 845-char remark

    Show marketing remark (845 chars)

    Welcome home to this charming 3 bed/1 bath bungalow in the heart of Dearborn. Offering just over 1,000 sq ft of cozy living space, this home blends character with everyday functionality. Three comfortable bedrooms including a loft for privacy. Three window A/C units help keep things cool in the warmer months. A spacious garage offers extra storage and off-street parking. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this home offers great potential. Conveniently located near shopping, schools, parks, and commuter routes. Home has been freshly painted and new flooring in kitchen, laundry room, bedroom and bathroom. Newly installed heater in laundry room can heat up to 1,000 sq ft. All window AC units will stay with the home. Don’t miss your chance to make it yours. Schedule your showing today!

15. 2026-05-14
    price $145,000 839-char remark

    Show marketing remark (839 chars)

    Welcome home to this charming 3 bed/1 bath bungalow in the heart of Dearborn. Offering just over 1,000 sq ft of cozy living space, this home blends character with everyday functionality. Three comfortable bedrooms including a loft for privacy. Three window A/C units help keep things cool in the warmer months. A spacious garage offers extra storage and off-street parking. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this home offers great potential. Conveniently located near shopping, schools, parks, and commuter routes. Home has been freshly painted and new flooring in kitchen, laundry room, bedroom and bathroom. Newly installed heater in laundry room can heat up to 1,000 sq ft. All window AC units will stay with the home. Don't miss your chance to make it yours. Schedule your showing today!

16. 2026-04-25
    status Active 839-char remark

    Show marketing remark (845 chars)

    Welcome home to this charming 3 bed/1 bath bungalow in the heart of Dearborn. Offering just over 1,000 sq ft of cozy living space, this home blends character with everyday functionality. Three comfortable bedrooms including a loft for privacy. Three window A/C units help keep things cool in the warmer months. A spacious garage offers extra storage and off-street parking. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this home offers great potential. Conveniently located near shopping, schools, parks, and commuter routes. Home has been freshly painted and new flooring in kitchen, laundry room, bedroom and bathroom. Newly installed heater in laundry room can heat up to 1,000 sq ft. All window AC units will stay with the home. Don’t miss your chance to make it yours. Schedule your showing today!

17. 2026-04-25
    status Active 845-char remark

    Show marketing remark (845 chars)

    Welcome home to this charming 3 bed/1 bath bungalow in the heart of Dearborn. Offering just over 1,000 sq ft of cozy living space, this home blends character with everyday functionality. Three comfortable bedrooms including a loft for privacy. Three window A/C units help keep things cool in the warmer months. A spacious garage offers extra storage and off-street parking. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this home offers great potential. Conveniently located near shopping, schools, parks, and commuter routes. Home has been freshly painted and new flooring in kitchen, laundry room, bedroom and bathroom. Newly installed heater in laundry room can heat up to 1,000 sq ft. All window AC units will stay with the home. Don’t miss your chance to make it yours. Schedule your showing today!

18. 2026-04-22
    historical Active Under Contract 839-char remark

    Show marketing remark (845 chars)

    Welcome home to this charming 3 bed/1 bath bungalow in the heart of Dearborn. Offering just over 1,000 sq ft of cozy living space, this home blends character with everyday functionality. Three comfortable bedrooms including a loft for privacy. Three window A/C units help keep things cool in the warmer months. A spacious garage offers extra storage and off-street parking. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this home offers great potential. Conveniently located near shopping, schools, parks, and commuter routes. Home has been freshly painted and new flooring in kitchen, laundry room, bedroom and bathroom. Newly installed heater in laundry room can heat up to 1,000 sq ft. All window AC units will stay with the home. Don’t miss your chance to make it yours. Schedule your showing today!

19. 2026-04-22
    historical Accepting Backup Offers 845-char remark

    Show marketing remark (845 chars)

    Welcome home to this charming 3 bed/1 bath bungalow in the heart of Dearborn. Offering just over 1,000 sq ft of cozy living space, this home blends character with everyday functionality. Three comfortable bedrooms including a loft for privacy. Three window A/C units help keep things cool in the warmer months. A spacious garage offers extra storage and off-street parking. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this home offers great potential. Conveniently located near shopping, schools, parks, and commuter routes. Home has been freshly painted and new flooring in kitchen, laundry room, bedroom and bathroom. Newly installed heater in laundry room can heat up to 1,000 sq ft. All window AC units will stay with the home. Don’t miss your chance to make it yours. Schedule your showing today!

20. 2026-04-17
    status Active 839-char remark

    Show marketing remark (845 chars)

    Welcome home to this charming 3 bed/1 bath bungalow in the heart of Dearborn. Offering just over 1,000 sq ft of cozy living space, this home blends character with everyday functionality. Three comfortable bedrooms including a loft for privacy. Three window A/C units help keep things cool in the warmer months. A spacious garage offers extra storage and off-street parking. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this home offers great potential. Conveniently located near shopping, schools, parks, and commuter routes. Home has been freshly painted and new flooring in kitchen, laundry room, bedroom and bathroom. Newly installed heater in laundry room can heat up to 1,000 sq ft. All window AC units will stay with the home. Don’t miss your chance to make it yours. Schedule your showing today!

21. 2026-04-17
    status Active 845-char remark

    Show marketing remark (845 chars)

    Welcome home to this charming 3 bed/1 bath bungalow in the heart of Dearborn. Offering just over 1,000 sq ft of cozy living space, this home blends character with everyday functionality. Three comfortable bedrooms including a loft for privacy. Three window A/C units help keep things cool in the warmer months. A spacious garage offers extra storage and off-street parking. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this home offers great potential. Conveniently located near shopping, schools, parks, and commuter routes. Home has been freshly painted and new flooring in kitchen, laundry room, bedroom and bathroom. Newly installed heater in laundry room can heat up to 1,000 sq ft. All window AC units will stay with the home. Don’t miss your chance to make it yours. Schedule your showing today!

22. 2026-04-12
    status Pending 839-char remark

    Show marketing remark (845 chars)

    Welcome home to this charming 3 bed/1 bath bungalow in the heart of Dearborn. Offering just over 1,000 sq ft of cozy living space, this home blends character with everyday functionality. Three comfortable bedrooms including a loft for privacy. Three window A/C units help keep things cool in the warmer months. A spacious garage offers extra storage and off-street parking. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this home offers great potential. Conveniently located near shopping, schools, parks, and commuter routes. Home has been freshly painted and new flooring in kitchen, laundry room, bedroom and bathroom. Newly installed heater in laundry room can heat up to 1,000 sq ft. All window AC units will stay with the home. Don’t miss your chance to make it yours. Schedule your showing today!

23. 2026-04-12
    status Pending 845-char remark

    Show marketing remark (845 chars)

    Welcome home to this charming 3 bed/1 bath bungalow in the heart of Dearborn. Offering just over 1,000 sq ft of cozy living space, this home blends character with everyday functionality. Three comfortable bedrooms including a loft for privacy. Three window A/C units help keep things cool in the warmer months. A spacious garage offers extra storage and off-street parking. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this home offers great potential. Conveniently located near shopping, schools, parks, and commuter routes. Home has been freshly painted and new flooring in kitchen, laundry room, bedroom and bathroom. Newly installed heater in laundry room can heat up to 1,000 sq ft. All window AC units will stay with the home. Don’t miss your chance to make it yours. Schedule your showing today!

24. 2026-04-09
    price $150,000 845-char remark

    Show marketing remark (845 chars)

    Welcome home to this charming 3 bed/1 bath bungalow in the heart of Dearborn. Offering just over 1,000 sq ft of cozy living space, this home blends character with everyday functionality. Three comfortable bedrooms including a loft for privacy. Three window A/C units help keep things cool in the warmer months. A spacious garage offers extra storage and off-street parking. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this home offers great potential. Conveniently located near shopping, schools, parks, and commuter routes. Home has been freshly painted and new flooring in kitchen, laundry room, bedroom and bathroom. Newly installed heater in laundry room can heat up to 1,000 sq ft. All window AC units will stay with the home. Don’t miss your chance to make it yours. Schedule your showing today!

25. 2026-04-08
    price $150,000 839-char remark

    Show marketing remark (839 chars)

    Welcome home to this charming 3 bed/1 bath bungalow in the heart of Dearborn. Offering just over 1,000 sq ft of cozy living space, this home blends character with everyday functionality. Three comfortable bedrooms including a loft for privacy. Three window A/C units help keep things cool in the warmer months. A spacious garage offers extra storage and off-street parking. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this home offers great potential. Conveniently located near shopping, schools, parks, and commuter routes. Home has been freshly painted and new flooring in kitchen, laundry room, bedroom and bathroom. Newly installed heater in laundry room can heat up to 1,000 sq ft. All window AC units will stay with the home. Don't miss your chance to make it yours. Schedule your showing today!

26. 2026-03-26
    listed $160,000 Active 845-char remark

    Show marketing remark (839 chars)

    Welcome home to this charming 3 bed/1 bath bungalow in the heart of Dearborn. Offering just over 1,000 sq ft of cozy living space, this home blends character with everyday functionality. Three comfortable bedrooms including a loft for privacy. Three window A/C units help keep things cool in the warmer months. A spacious garage offers extra storage and off-street parking. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this home offers great potential. Conveniently located near shopping, schools, parks, and commuter routes. Home has been freshly painted and new flooring in kitchen, laundry room, bedroom and bathroom. Newly installed heater in laundry room can heat up to 1,000 sq ft. All window AC units will stay with the home. Don't miss your chance to make it yours. Schedule your showing today!

27. 2026-03-26
    listed $160,000 Active 839-char remark

    Show marketing remark (839 chars)

    Welcome home to this charming 3 bed/1 bath bungalow in the heart of Dearborn. Offering just over 1,000 sq ft of cozy living space, this home blends character with everyday functionality. Three comfortable bedrooms including a loft for privacy. Three window A/C units help keep things cool in the warmer months. A spacious garage offers extra storage and off-street parking. Whether you're a first-time buyer, downsizing, or looking for a solid investment, this home offers great potential. Conveniently located near shopping, schools, parks, and commuter routes. Home has been freshly painted and new flooring in kitchen, laundry room, bedroom and bathroom. Newly installed heater in laundry room can heat up to 1,000 sq ft. All window AC units will stay with the home. Don't miss your chance to make it yours. Schedule your showing today!

28. 2025-10-15
    historical
29. 2025-09-03
    price $140,000
30. 2025-09-02
    price $140,000
31. 2025-08-01
    price $150,000
32. 2025-07-31
    price $150,000
33. 2025-07-27
    status Active
34. 2025-07-27
    status Active
35. 2025-07-25
    historical Active Under Contract
36. 2025-07-25
    historical Accepting Backup Offers
37. 2025-07-18
    status Active
38. 2025-07-18
    status Active
39. 2025-07-09
    status Pending
40. 2025-07-09
    status Pending
41. 2025-06-20
    listed $160,000 Active
42. 2025-06-20
    listed $160,000 Active
43. 2020-10-08
    soldstatus $100,000
44. 2020-09-11
    soldstatus $100,000 Sold
45. 2020-09-11
    soldstatus $100,000 Closed
46. 2020-08-14
    status Pending
47. 2020-08-14
    status Pending
48. 2020-08-04
    listed $99,700 Active
49. 2020-08-04
    listed $99,700 Active
50. 2018-12-14
    historical

ⓘ 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: $2,452 · $204/mo
• Projected year-2 tax: $2,452 · $204/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 2/10 Low FEMA zone X (unshaded) · 9% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,404
• − Mortgage interest: −$7,842
• − Property taxes: −$2,452
• − Insurance: −$700
• − Repairs & maintenance: −$1,712
• − Management: −$1,712
• − Depreciation: −$4,073
• Taxable income: $2,912
• Est. tax owed @ 24.0%: −$699
• After-tax cash flow: $4,248/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: Dearborn City School District
• NCES district ID: 2611600
• Math proficiency: 26% ▼ -14.00%
• Reading proficiency: 39% ▼ -8.00%
• Median HH income: $46,884
• Composite: 27.93/100
• National rank: #6864
• State rank: #325 of 540 in MI

Livability — Dearborn

• Score: 80/100
• State rank: #84
• US rank: #1904

Category grades

Amenities D Commute A+ Cost of living A+ Crime C Employment C Housing A+ Health & safety C User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dearborn, MI
• County: Wayne County · 1,562,939 people
• City population: 86,476
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 34,479
• Household income: $81,796
• Rent vs Own: 18.1% rent · 81.9% own
• Severe rent burden: 444.0

Population outlook (Wayne County) Hauer SSP2

• Today (2025): 1,675,273 people
• By 2030: 1,620,300 · -3.3%
• By 2040: 1,502,341 · -10.3%
• By 2050: 1,384,039 · -17.4%
• By 2075: 1,124,592 · -32.9%
• By 2100: 881,193 · -47.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Two or more races 7% Hispanic / Latino 5% Black 4%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Romanian 12% Lithuanian 4% Slovak 3%
• Foreign-born: 10% · Canada
• Languages at home: 82% English-only · Arabic 12% Spanish 2% Other Indo-European 2%

Political lean MEDSL · Wayne

• 2024 margin: Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
• 2008→2024 swing: -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
• All cycles: 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -278.39%
• Current HPI: 204.5229
• Rent YoY: ▲ 3.57%
• 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
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+93.6% since first listed

47 events — show timeline

• 2026-05-15 Price Changed $145,000 MiRealSource-MiMLS
• 2026-05-14 Price Changed $145,000 REALCOMP
• 2026-04-25 Relisted — REALCOMP
• 2026-04-25 Relisted — MiRealSource-MiMLS
• 2026-04-22 Contingent — REALCOMP
• 2026-04-22 Contingent — MiRealSource-MiMLS
• 2026-04-17 Relisted — REALCOMP
• 2026-04-17 Relisted — MiRealSource-MiMLS
• 2026-04-12 Pending — REALCOMP
• 2026-04-12 Pending — MiRealSource-MiMLS
• 2026-04-09 Price Changed $150,000 MiRealSource-MiMLS
• 2026-04-08 Price Changed $150,000 REALCOMP
• 2026-03-26 Listed $160,000 REALCOMP
• 2026-03-26 Listed $160,000 MiRealSource-MiMLS
• 2025-10-15 Listing Removed — MiRealSource-MiMLS
• 2025-09-03 Price Changed $140,000 MiRealSource-MiMLS
• 2025-09-02 Price Changed $140,000 REALCOMP
• 2025-08-01 Price Changed $150,000 MiRealSource-MiMLS
• 2025-07-31 Price Changed $150,000 REALCOMP
• 2025-07-27 Relisted — REALCOMP
• 2025-07-27 Relisted — MiRealSource-MiMLS
• 2025-07-25 Contingent — REALCOMP
• 2025-07-25 Contingent — MiRealSource-MiMLS
• 2025-07-18 Relisted — REALCOMP
• 2025-07-18 Relisted — MiRealSource-MiMLS
• 2025-07-09 Pending — REALCOMP
• 2025-07-09 Pending — MiRealSource-MiMLS
• 2025-06-20 Listed $160,000 REALCOMP
• 2025-06-20 Listed $160,000 MiRealSource-MiMLS
• 2020-10-08 Sold (Public Records) $100,000 Public Records
• 2020-09-11 Sold (MLS) $100,000 MiRealSource-MiMLS
• 2020-09-11 Sold (MLS) $100,000 REALCOMP
• 2020-08-14 Pending — MiRealSource-MiMLS
• 2020-08-14 Pending — REALCOMP
• 2020-08-04 Listed $99,700 MiRealSource-MiMLS
• 2020-08-04 Listed $99,700 REALCOMP
• 2018-12-14 Listing Removed — REALCOMP
• 2018-12-13 Listing Removed — MiRealSource-MiMLS
• 2018-11-30 Listed $89,700 MiRealSource-MiMLS
• 2018-11-30 Listed $89,700 REALCOMP
• 2018-07-06 Sold (Public Records) $75,000 Public Records
• 2018-06-22 Sold (MLS) $75,000 MiRealSource-MiMLS
• 2018-06-22 Sold (MLS) $75,000 REALCOMP
• 2018-05-23 Pending — MiRealSource-MiMLS
• 2018-05-22 Pending — REALCOMP
• 2018-05-20 Listed $74,900 MiRealSource-MiMLS
• 2018-05-20 Listed $74,900 REALCOMP

Property tax history

+4.1%/yr

Latest (2025): $2,452 · -13.5% YoY. Source: county tax records.