4909 Crooks Rd · Royal Oak, MI
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
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Risk factors via First Street. Map © Google.
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).
- Cash flow +10.7/30.0
- ARV discount +7.5/15.0
- 1% rule +5.9/10.0
- Livability +4.2/5.0
- Schools +3.8/10.0
- DSCR +3.1/10.0
- Rent growth +3.1/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$115,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Wonderful location in popular TOWER COURT CONDOS. .. . 1 bedroom ground level unit facing the beautiful courtyard with fenced inground pool. Walk through the sliding doors of your living room to the patio on the inside of the well maintained courtyard. Spacious master bedroom has walk-in closet. Includes common laundry room and secure storage area as well as a covered car port. Assoc fee includes heat and water. You won't want to miss out on this one! * NO leasing in this complex. Owner occupied only. * ALL OFFERS NEED TO BE IN BY SATURDAY 5/12 2:00 PM
Key facts
- Quartz countertops
- Private balcony
- Updated kitchen
Tags
Property features AI
Finance
- Other: Pets allowed (contact for details)
- HOA & community: Homeowners association with monthly fee of $255; HOA includes maintenance of grounds, snow removal, and water; Association amenities: pool, storage
Exterior
- Parking: Covered carport
- Utilities: Public water; Public sewer
- Home design: Condominium (residential)
- Construction: Brick construction
- Exterior features: Community in-ground pool; Paved road
Interior
- Kitchen: Dishwasher; Oven; Refrigerator; Range
- Bathrooms: 1 full bathroom
- Heating & cooling: Baseboard heating; Natural gas heating; Wall/window air conditioning
- Interior features: Gas water heater; Dishwasher; Oven; Refrigerator; Range; Has basement; 4 total rooms
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $115k.
Deal economics
- At list price, monthly cash flow is $-56 ($-666/yr) — negative.
- To cash-flow at today's rent, offer at most $107k (7.0% below list).
- Meets the 1% rule at list price ($1k rent vs $115k).
- Recommended offer: $107k (7.0% below list) — sets the bar for cash-flow.
- Cap rate 5.7% vs local median 3.6% in Royal Oak — 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 83/100 on livability (#50 in MI, #1,020 nationally) — a professional / high-income tenant draw. Strengths: crime A+, commute A+, employment A+; Watch: amenities D+.
- Clawson Public Schools (suburban): math 33% / reading 55% proficiency, ranked #148 of 540 in MI (top 27%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents rising (+2.4%/yr); 260 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
- This rent is only 16% of the median local income ($92k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $795 of loan paydown is wiped out by about $3k 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 30 days — a 2% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
- 34 sale attempts since 19y ago; this cycle's ask is 65% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
- Current owner paid $71k; list at $115k implies a 62% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: HOA is 20% of rent.
Questions for the listing agent
- 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?
- Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-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?
- 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?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.09% ✓
- Cap rate
- 5.71%
- Cash-on-cash
- -2.07%
- DSCR
- 0.91
- GRM
- 7.6
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 2.36% rent growth · sell at horizon
- IRR
- -20.5%
- Equity multiple
- 0.29×
- Total profit
- $-22,802
- Equity at exit
- $17,147
- IRR
- -15.2%
- Equity multiple
- 0.16×
- Total profit
- $-26,959
- Equity at exit
- $9,943
Cash invested: $32,200 (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
ZIP-level market 48073
- Rents YoY
- 2.4%
- Active inventory
- 260
- Price-to-rent
- 7.6×
Monthly cashflow live
- Estimated rent
- $1,258 high interval (Pro) →
- Mortgage (P&I)
- −$603
- Tax est. 1.5%
- −$144 /mo · $1,725/yr
- Insurance
- −$48
- HOA
- −$255
- Vacancy / Maint / Mgmt
- −$264
- Net cashflow
- $-56
Break-even live
Sensitivity live
| Price | -10% $24 | -5% $-16 | +0% $-56 | +5% $-95 | +10% $-135 |
|---|---|---|---|---|---|
| Rent | -10% $-155 | -5% $-105 | +0% $-56 | +5% $-6 | +10% $44 |
| Rate | -1.0pp $2 | -0.5pp $-26 | base $-56 | +0.5pp $-85 | +1.0pp $-116 |
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
- $28,750
- Closing costs
- $3,450
- 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 21 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 4905 Crooks Rd Unit A5 Royal Oak, MI | 1.0 | 1.0 | 703 | $1,250 | $1.78 | 25d | 1 | 0.05mi |
| 4805 Woodland Ave Royal Oak, MI | 2.0 | 1.0 | 627 | $1,308 | $2.08 | 3d | 12 | 0.27mi |
| 249 S Crooks Rd Clawson, MI | 1.0 | 1.0 | 650 | $1,245 | $1.92 | 6d | 1 | 0.29mi |
| 403 S Crooks Rd Unit 413 Clawson, MI | 1.0 | 1.0 | 675 | $1,225 | $1.81 | 25d | 1 | 0.37mi |
| 403 S Crooks Rd Unit 409 Clawson, MI | 1.0 | 1.0 | 675 | $1,195 | $1.77 | 25d | 1 | 0.37mi |
| 403 S Crooks Rd Unit 421 Clawson, MI | 1.0 | 1.0 | 675 | $1,195 | $1.77 | 21d | 1 | 0.37mi |
| 4910 Briarwood Ave Unit A Royal Oak, MI | 1.0 | 1.0 | 589 | $1,200 | $2.04 | 19d | 1 | 0.43mi |
| 2131 Normandy Rd Royal Oak, MI | 1.0 | 1.0 | 600 | $1,200 | $2.00 | 13d | 1 | 0.70mi |
| 4031 Crooks Rd Unit 4004 Royal Oak, MI | 1.0 | 1.0 | 525 | $1,095 | $2.09 | 21d | 1 | 0.72mi |
| 4031 Crooks Rd Unit 4006 Royal Oak, MI | 1.0 | 1.0 | 525 | $1,095 | $2.09 | 25d | 1 | 0.72mi |
| 3830 Devon Rd Unit 3830-04 Royal Oak, MI | 1.0 | 1.0 | 525 | $1,195 | $2.28 | 25d | 1 | 0.80mi |
| 3807 Crooks Rd Royal Oak, MI | 2.0 | 1.0 | 549 | $1,072 | $1.95 | 0d | 7 | 0.87mi |
| 2325 13 Mile Rd Royal Oak, MI | 1.0 | 1.0 | 650 | $1,320 | $2.03 | 5d | 2 | 1.23mi |
| 3230 Shenandoah Dr #16 Royal Oak, MI | 1.0 | 1.0 | 560 | $1,180 | $2.11 | 6d | 1 | 1.30mi |
| 155 Amelia St Royal Oak, MI | 1.0–4.0 | 1.0–2.5 | 971 | $1,290 | $1.33 | 4d | 7 | 1.30mi |
| 3220 Shenandoah Dr #12 Royal Oak, MI | 2.0 | 1.0 | 688 | $1,250 | $1.82 | 25d | 1 | 1.31mi |
| 2817 W 13 Mile Rd Royal Oak, MI | 2.0 | 1.0 | 688 | $1,250 | $1.82 | 25d | 1 | 1.36mi |
| 470 E Elmwood Ave Clawson, MI | 1.0 | 1.0 | 675 | $1,210 | $1.79 | 25d | 1 | 1.40mi |
| 2859 E Maple Rd #15 Birmingham, MI | 1.0 | 1.0 | 685 | $1,250 | $1.82 | 5d | 1 | 1.40mi |
| 2859 E Maple Rd #15 Birmingham, MI | 1.0 | 1.0 | 685 | $1,250 | $1.82 | 25d | 1 | 1.40mi |
| 3009 W 13 Mile Rd Royal Oak, MI | 1.0–2.0 | 1.0 | 730 | $1,449 | $1.98 | 0d | 29 | 1.44mi |
HOA detail condo
- Monthly dues
- $255 · $3,060/yr
- Likely covers
- waterpool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-06-21days on market $115,000 Active 30 DOM
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2026-06-18days on market $115,000 Active 27 DOM
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2026-06-17days on market $115,000 Active 26 DOM
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2026-06-16days on market $115,000 Active 25 DOM
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2026-06-15days on market $115,000 Active 24 DOM
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2026-06-13days on market $115,000 Active 22 DOM
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2026-06-09days on market $115,000 Active 18 DOM
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2026-06-08days on market $115,000 Active 17 DOM
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2026-06-07days on market $115,000 Active 16 DOM
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2026-06-04days on market $115,000 Active 13 DOM
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2026-06-03days on market $115,000 Active 12 DOM
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2026-06-02days on market $115,000 Active 11 DOM
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2026-06-01days on market $115,000 Active 10 DOM
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2026-05-31days on market $115,000 Active 9 DOM
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2018-06-13soldstatus $71,000 Closed 559-char remark
Show marketing remark (559 chars)
Wonderful location in popular TOWER COURT CONDOS. .. . 1 bedroom ground level unit facing the beautiful courtyard with fenced inground pool. Walk through the sliding doors of your living room to the patio on the inside of the well maintained courtyard. Spacious master bedroom has walk-in closet. Includes common laundry room and secure storage area as well as a covered car port. Assoc fee includes heat and water. You won't want to miss out on this one! * NO leasing in this complex. Owner occupied only. * ALL OFFERS NEED TO BE IN BY SATURDAY 5/12 2:00 PM
-
2018-05-14status Pending 559-char remark
Show marketing remark (559 chars)
Wonderful location in popular TOWER COURT CONDOS. .. . 1 bedroom ground level unit facing the beautiful courtyard with fenced inground pool. Walk through the sliding doors of your living room to the patio on the inside of the well maintained courtyard. Spacious master bedroom has walk-in closet. Includes common laundry room and secure storage area as well as a covered car port. Assoc fee includes heat and water. You won't want to miss out on this one! * NO leasing in this complex. Owner occupied only. * ALL OFFERS NEED TO BE IN BY SATURDAY 5/12 2:00 PM
-
2018-05-01$69,900 Active 559-char remark
Show marketing remark (559 chars)
Wonderful location in popular TOWER COURT CONDOS. .. . 1 bedroom ground level unit facing the beautiful courtyard with fenced inground pool. Walk through the sliding doors of your living room to the patio on the inside of the well maintained courtyard. Spacious master bedroom has walk-in closet. Includes common laundry room and secure storage area as well as a covered car port. Assoc fee includes heat and water. You won't want to miss out on this one! * NO leasing in this complex. Owner occupied only. * ALL OFFERS NEED TO BE IN BY SATURDAY 5/12 2:00 PM
-
2017-11-29soldstatus $61,500 Sold 391-char remark
Show marketing remark (391 chars)
3RD FLOOR 1 BEDROOM, END UNIT, ROYAL OAK CONDO. UPDATED KITCHEN/BATH, NEWER CARPET, LARGE BALCONY, MOVE IN READY. COMPLEX FEATURES NEWLY RENOVATED INGROUND POOL AND COMMON COURTYARD. SECURE ENTRY WITH INTERCOM. ASSIGNED COVERED CARPORT SPACE, DUES INLCUDE WATER/GAS. PRIME LOCATION NEAR ROYAL OAK. BIRMINGHAM AND SOMMERSET MALL. NO PETS. COMPLEX CURRENTLY OWNER OCCUPANT ONLY FOR NEW BUYERS.
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2017-11-29soldstatus $61,500 Closed
Show marketing remark (391 chars)
3RD FLOOR 1 BEDROOM, END UNIT, ROYAL OAK CONDO. UPDATED KITCHEN/BATH, NEWER CARPET, LARGE BALCONY, MOVE IN READY. COMPLEX FEATURES NEWLY RENOVATED INGROUND POOL AND COMMON COURTYARD. SECURE ENTRY WITH INTERCOM. ASSIGNED COVERED CARPORT SPACE, DUES INLCUDE WATER/GAS. PRIME LOCATION NEAR ROYAL OAK. BIRMINGHAM AND SOMMERSET MALL. NO PETS. COMPLEX CURRENTLY OWNER OCCUPANT ONLY FOR NEW BUYERS.
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2017-11-17status Pending
Show marketing remark (391 chars)
3RD FLOOR 1 BEDROOM, END UNIT, ROYAL OAK CONDO. UPDATED KITCHEN/BATH, NEWER CARPET, LARGE BALCONY, MOVE IN READY. COMPLEX FEATURES NEWLY RENOVATED INGROUND POOL AND COMMON COURTYARD. SECURE ENTRY WITH INTERCOM. ASSIGNED COVERED CARPORT SPACE, DUES INLCUDE WATER/GAS. PRIME LOCATION NEAR ROYAL OAK. BIRMINGHAM AND SOMMERSET MALL. NO PETS. COMPLEX CURRENTLY OWNER OCCUPANT ONLY FOR NEW BUYERS.
-
2017-11-17status Pending 391-char remark
Show marketing remark (391 chars)
3RD FLOOR 1 BEDROOM, END UNIT, ROYAL OAK CONDO. UPDATED KITCHEN/BATH, NEWER CARPET, LARGE BALCONY, MOVE IN READY. COMPLEX FEATURES NEWLY RENOVATED INGROUND POOL AND COMMON COURTYARD. SECURE ENTRY WITH INTERCOM. ASSIGNED COVERED CARPORT SPACE, DUES INLCUDE WATER/GAS. PRIME LOCATION NEAR ROYAL OAK. BIRMINGHAM AND SOMMERSET MALL. NO PETS. COMPLEX CURRENTLY OWNER OCCUPANT ONLY FOR NEW BUYERS.
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2017-11-10status Active
Show marketing remark (391 chars)
3RD FLOOR 1 BEDROOM, END UNIT, ROYAL OAK CONDO. UPDATED KITCHEN/BATH, NEWER CARPET, LARGE BALCONY, MOVE IN READY. COMPLEX FEATURES NEWLY RENOVATED INGROUND POOL AND COMMON COURTYARD. SECURE ENTRY WITH INTERCOM. ASSIGNED COVERED CARPORT SPACE, DUES INLCUDE WATER/GAS. PRIME LOCATION NEAR ROYAL OAK. BIRMINGHAM AND SOMMERSET MALL. NO PETS. COMPLEX CURRENTLY OWNER OCCUPANT ONLY FOR NEW BUYERS.
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2017-11-10status Active 391-char remark
Show marketing remark (391 chars)
3RD FLOOR 1 BEDROOM, END UNIT, ROYAL OAK CONDO. UPDATED KITCHEN/BATH, NEWER CARPET, LARGE BALCONY, MOVE IN READY. COMPLEX FEATURES NEWLY RENOVATED INGROUND POOL AND COMMON COURTYARD. SECURE ENTRY WITH INTERCOM. ASSIGNED COVERED CARPORT SPACE, DUES INLCUDE WATER/GAS. PRIME LOCATION NEAR ROYAL OAK. BIRMINGHAM AND SOMMERSET MALL. NO PETS. COMPLEX CURRENTLY OWNER OCCUPANT ONLY FOR NEW BUYERS.
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2017-11-04status Pending
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2017-11-02status Pending 391-char remark
Show marketing remark (391 chars)
3RD FLOOR 1 BEDROOM, END UNIT, ROYAL OAK CONDO. UPDATED KITCHEN/BATH, NEWER CARPET, LARGE BALCONY, MOVE IN READY. COMPLEX FEATURES NEWLY RENOVATED INGROUND POOL AND COMMON COURTYARD. SECURE ENTRY WITH INTERCOM. ASSIGNED COVERED CARPORT SPACE, DUES INLCUDE WATER/GAS. PRIME LOCATION NEAR ROYAL OAK. BIRMINGHAM AND SOMMERSET MALL. NO PETS. COMPLEX CURRENTLY OWNER OCCUPANT ONLY FOR NEW BUYERS.
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2017-10-26historical
Show marketing remark (391 chars)
3RD FLOOR 1 BEDROOM, END UNIT, ROYAL OAK CONDO. UPDATED KITCHEN/BATH, NEWER CARPET, LARGE BALCONY, MOVE IN READY. COMPLEX FEATURES NEWLY RENOVATED INGROUND POOL AND COMMON COURTYARD. SECURE ENTRY WITH INTERCOM. ASSIGNED COVERED CARPORT SPACE, DUES INLCUDE WATER/GAS. PRIME LOCATION NEAR ROYAL OAK. BIRMINGHAM AND SOMMERSET MALL. NO PETS. COMPLEX CURRENTLY OWNER OCCUPANT ONLY FOR NEW BUYERS.
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2017-10-26$63,000 Active
Show marketing remark (391 chars)
3RD FLOOR 1 BEDROOM, END UNIT, ROYAL OAK CONDO. UPDATED KITCHEN/BATH, NEWER CARPET, LARGE BALCONY, MOVE IN READY. COMPLEX FEATURES NEWLY RENOVATED INGROUND POOL AND COMMON COURTYARD. SECURE ENTRY WITH INTERCOM. ASSIGNED COVERED CARPORT SPACE, DUES INLCUDE WATER/GAS. PRIME LOCATION NEAR ROYAL OAK. BIRMINGHAM AND SOMMERSET MALL. NO PETS. COMPLEX CURRENTLY OWNER OCCUPANT ONLY FOR NEW BUYERS.
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2017-10-26$63,000 Active 391-char remark
Show marketing remark (391 chars)
3RD FLOOR 1 BEDROOM, END UNIT, ROYAL OAK CONDO. UPDATED KITCHEN/BATH, NEWER CARPET, LARGE BALCONY, MOVE IN READY. COMPLEX FEATURES NEWLY RENOVATED INGROUND POOL AND COMMON COURTYARD. SECURE ENTRY WITH INTERCOM. ASSIGNED COVERED CARPORT SPACE, DUES INLCUDE WATER/GAS. PRIME LOCATION NEAR ROYAL OAK. BIRMINGHAM AND SOMMERSET MALL. NO PETS. COMPLEX CURRENTLY OWNER OCCUPANT ONLY FOR NEW BUYERS.
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2017-10-26historical
Show marketing remark (391 chars)
3RD FLOOR 1 BEDROOM, END UNIT, ROYAL OAK CONDO. UPDATED KITCHEN/BATH, NEWER CARPET, LARGE BALCONY, MOVE IN READY. COMPLEX FEATURES NEWLY RENOVATED INGROUND POOL AND COMMON COURTYARD. SECURE ENTRY WITH INTERCOM. ASSIGNED COVERED CARPORT SPACE, DUES INLCUDE WATER/GAS. PRIME LOCATION NEAR ROYAL OAK. BIRMINGHAM AND SOMMERSET MALL. NO PETS. COMPLEX CURRENTLY OWNER OCCUPANT ONLY FOR NEW BUYERS.
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2017-10-04status Active
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2017-10-04status Active
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2017-09-29status Pending
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2017-09-29status Pending
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2017-09-18status Active
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2017-09-18status Active
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2017-09-14status Pending
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2017-09-14status Pending
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2017-09-10price $65,000
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2017-09-09price $65,000
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2017-08-11$69,000 Active
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2017-08-11$69,000 Active
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2017-06-30soldstatus $71,500 Sold
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2017-06-30soldstatus $71,500 Closed
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2017-05-08status Pending
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2017-05-08status Pending
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2017-04-30$65,000 Active
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2017-04-29$65,000 Active
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2017-01-23soldstatus $85,000 Sold
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2017-01-23soldstatus $85,000 Closed
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2017-01-04status Pending
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $15,102
- − Mortgage interest
- −$6,442
- − Property taxes
- −$1,725
- − Insurance
- −$575
- − Repairs & maintenance
- −$1,208
- − Management
- −$1,208
- − HOA
- −$3,060
- − Depreciation
- −$3,345
- Taxable loss
- −$2,462
- Est. tax savings @ 24.0%
- +$591
- After-tax cash flow
- $-76/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
- Clawson Public Schools
- NCES district ID
- 2609930
- Math proficiency
- 33% ▼ -4.00%
- Reading proficiency
- 55% ▲ 3.00%
- Median HH income
- $56,014
- Composite
- 38.3/100
- National rank
- #4230
- State rank
- #148 of 540 in MI
Livability — Royal Oak
- Score
- 83/100
- State rank
- #50
- US rank
- #1020
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Royal Oak, MI
- County
- Oakland County · 1,009,092 people
- City population
- 57,974
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 33,106
- Household income
- $91,627
- Rent vs Own
- Severe rent burden
- 718.0
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 (80%)
- Race & ethnicity
- White 80% Black 8% Two or more races 6% Asian 4% Hispanic / Latino 3%
- Common ancestry
- Romanian 13% Lithuanian 4% Slovak 3%
- Foreign-born
- 7% · Canada, China
- Languages at home
- 94% English-only · Spanish 1% Chinese 1% Other Indo-European 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
- ▼ -479.60%
- Current HPI
- 215.8425
- Rent YoY
- ▲ 2.36%
- 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 |
|
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| Automotive | 2 | $372B |
|
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| Chemicals | 1 | $45B |
|
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| Automotive Retail | 1 | $29B |
|
||
| Healthcare / Medical Devices | 1 | $23B |
|
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| Automotive Technology | 1 | $20B |
|
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Price history
+9.2% since first listed84 events — show timeline
- 2018-06-13 Sold (MLS) $71,000 MiRealSource-MiMLS
- 2018-05-14 Pending — MiRealSource-MiMLS
- 2018-05-01 Listed $69,900 MiRealSource-MiMLS
- 2017-11-29 Sold (MLS) $61,500 MiRealSource-MiMLS
- 2017-11-29 Sold (MLS) $61,500 REALCOMP
- 2017-11-17 Pending — MiRealSource-MiMLS
- 2017-11-17 Pending — REALCOMP
- 2017-11-10 Relisted — MiRealSource-MiMLS
- 2017-11-10 Relisted — REALCOMP
- 2017-11-04 Pending — MiRealSource-MiMLS
- 2017-11-02 Pending — REALCOMP
- 2017-10-26 Listing Removed — REALCOMP
- 2017-10-26 Listed $63,000 MiRealSource-MiMLS
- 2017-10-26 Listed $63,000 REALCOMP
- 2017-10-26 Listing Removed — MiRealSource-MiMLS
- 2017-10-04 Relisted — MiRealSource-MiMLS
- 2017-10-04 Relisted — REALCOMP
- 2017-09-29 Pending — MiRealSource-MiMLS
- 2017-09-29 Pending — REALCOMP
- 2017-09-18 Relisted — MiRealSource-MiMLS
- 2017-09-18 Relisted — REALCOMP
- 2017-09-14 Pending — MiRealSource-MiMLS
- 2017-09-14 Pending — REALCOMP
- 2017-09-10 Price Changed $65,000 MiRealSource-MiMLS
- 2017-09-09 Price Changed $65,000 REALCOMP
- 2017-08-11 Listed $69,000 MiRealSource-MiMLS
- 2017-08-11 Listed $69,000 REALCOMP
- 2017-06-30 Sold (MLS) $71,500 MiRealSource-MiMLS
- 2017-06-30 Sold (MLS) $71,500 REALCOMP
- 2017-05-08 Pending — MiRealSource-MiMLS
- 2017-05-08 Pending — REALCOMP
- 2017-04-30 Listed $65,000 MiRealSource-MiMLS
- 2017-04-29 Listed $65,000 REALCOMP
- 2017-01-23 Sold (MLS) $85,000 MiRealSource-MiMLS
- 2017-01-23 Sold (MLS) $85,000 REALCOMP
- 2017-01-04 Pending — MiRealSource-MiMLS
- 2017-01-04 Pending — REALCOMP
- 2016-12-29 Price Changed $89,900 MiRealSource-MiMLS
- 2016-12-28 Listing Removed — REALCOMP
- 2016-12-28 Price Changed $89,900 REALCOMP
- 2016-12-28 Listed $89,900 MiRealSource-MiMLS
- 2016-12-28 Listed $89,900 REALCOMP
- 2016-12-28 Listing Removed — MiRealSource-MiMLS
- 2016-12-22 Listed $94,900 MiRealSource-MiMLS
- 2016-12-22 Listing Removed — MiRealSource-MiMLS
- 2016-12-21 Listing Removed — REALCOMP
- 2016-12-21 Listed $94,900 REALCOMP
- 2016-12-05 Listing Removed — REALCOMP
- 2016-12-05 Listed $94,900 MiRealSource-MiMLS
- 2016-12-05 Listed $94,900 REALCOMP
- 2016-12-05 Listing Removed — MiRealSource-MiMLS
- 2016-11-18 Listed $99,900 MiRealSource-MiMLS
- 2016-11-18 Listed $99,900 REALCOMP
- 2016-02-15 Listed $54,900 REALCOMP
- 2014-08-20 Listing Removed — MiRealSource-MiMLS
- 2014-08-18 Listing Removed — REALCOMP
- 2014-06-27 Sold (MLS) $51,900 MiRealSource-MiMLS
- 2014-06-27 Sold (MLS) $51,900 REALCOMP
- 2014-05-08 Listing Removed — MiRealSource-MiMLS
- 2014-03-31 Listed $51,900 MiRealSource-MiMLS
- 2014-03-31 Listed $51,900 REALCOMP
- 2014-02-20 Listed $55,000 REALCOMP
- 2014-02-20 Listed $55,000 MiRealSource-MiMLS
- 2012-07-31 Listing Removed — MiRealSource-MiMLS
- 2012-03-28 Listing Removed — REALCOMP
- 2012-01-31 Listed $49,900 REALCOMP
- 2012-01-31 Listed $49,900 MiRealSource-MiMLS
- 2010-01-13 Listing Removed — MiRealSource-MiMLS
- 2009-07-13 Listed $24,900 MiRealSource-MiMLS
- 2008-02-29 Listing Removed — MiRealSource-MiMLS
- 2008-01-31 Listing Removed — MiRealSource-MiMLS
- 2008-01-15 Sold (MLS) $54,000 MiRealSource-MiMLS
- 2007-12-17 Listing Removed — MiRealSource-MiMLS
- 2007-12-03 Listing Removed — MiRealSource-MiMLS
- 2007-10-29 Listing Removed — MiRealSource-MiMLS
- 2007-10-29 Listed $57,900 MiRealSource-MiMLS
- 2007-10-19 Listed $60,000 MiRealSource-MiMLS
- 2007-09-24 Listing Removed — MiRealSource-MiMLS
- 2007-09-24 Listed $62,000 MiRealSource-MiMLS
- 2007-09-06 Listing Removed — MiRealSource-MiMLS
- 2007-09-06 Listed $64,900 MiRealSource-MiMLS
- 2007-08-16 Listed $64,900 MiRealSource-MiMLS
- 2007-07-16 Sold (MLS) $45,000 MiRealSource-MiMLS
- 2007-07-02 Sold (MLS) $65,000 MiRealSource-MiMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…