14144 Mettetal St · Detroit, MI 48227

$129,900

3 bd · 1.0 ba · 964 sqft · SingleFamily public records · 2 Days on market

Built 1950 4,792 sqft lot

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Why this score? — see what drove the C- 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 +20.1/30.0
• ARV discount +7.5/15.0
• DSCR +6.4/10.0
• 1% rule +5.0/10.0
• Rent growth +3.9/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 3 bedroom brick Bungalow located near Grandmont and Rosedale Park Subdivision. This beautiful home with modern decor features refinished hardwood flooring. Living room with a natural fireplace and bay window. Formal dining room with built-in shelving. New kitchen. Huge master suite with a walk-in closet and brand new carpet. A full size basment with glass block windows and half bath offers additional living space. Lovely backyard with a deck to enjoy with family and friends. 2 car garage.

Key facts

• 4,792 sq ft lot
• 2 garage spots
• Built 1950

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $162 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $130k).
• Cap rate 7.8% vs local median 10.0% in Detroit — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F, employment F.
• Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Edison Elementary School (math 10% / reading 10%, grade F, #1,230 of 1,397 statewide, top 91%, 309 students, 89% FRL); Cody High School (math 24% / reading 24%, grade F, #481 of 713 statewide, top 81%, 466 students, 88% FRL) — zoned schools at 88% FRL track the district average.
• Market conditions: Rents rising fast (+5.6%/yr); 392 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 43% of the median local income ($37k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $898 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.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 18y 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 $40k; list at $130k implies a 225% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $129,900

Questions for the listing agent

1. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. 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.
6. 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.
7. 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: 1.00% ✓
• Cap rate: 7.79%
• Cash-on-cash: 5.35%
• DSCR: 1.24
• GRM: 8.3

CMA / ARV

• ARV (on-the-fly): $84,832
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
13620 Saint Marys St	0.26mi	3/2.0	1,020 (+6%)	2mo	$72,000	$71	73
13900 Sussex St	0.65mi	3/1.0	971 (+1%)	6mo	$40,000	$41	64
13556 Forrer St	0.40mi	3/1.0	1,035 (+7%)	7mo	$149,000	$144	63
12660 Grandmont Ave	0.65mi	3/1.0	1,019 (+6%)	1mo	$85,000	$83	59
13904 Abington Ave	0.32mi	3/1.0	1,082 (+12%)	10mo	$145,000	$134	56
12699 Woodmont Ave	0.61mi	3/1.0	1,054 (+9%)	1mo	$64,000	$61	55
14781 Saint Marys St	0.50mi	3/1.0	1,054 (+9%)	8mo	$68,000	$65	54
13599 Winthrop St	0.45mi	3/1.5	1,089 (+13%)	2mo	$145,000	$133	54
12892 Asbury Park	0.44mi	2/1.0 (-1)	872 (-10%)	10mo	$82,400	$94	50
13364 Coyle St	0.73mi	3/1.0	1,083 (+12%)	2mo	$95,000	$88	44
12690 Asbury Park	0.61mi	3/2.0	826 (-14%)	2mo	$85,000	$103	42
16342 Ellsworth St	0.72mi	3/1.5	1,064 (+10%)	7mo	$43,000	$40	41

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 · 5.59% rent growth · sell at horizon

5-year hold

• IRR: -5.2%
• Equity multiple: 0.80×
• Total profit: $-7,226
• Equity at exit: $19,369

10-year hold

• IRR: 7.2%
• Equity multiple: 1.61×
• Total profit: $22,105
• Equity at exit: $11,231

Cash invested: $36,372 (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 48227

• Rents YoY: 5.6%
• Active inventory: 392
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,304 high
• Mortgage (P&I): −$681
• Tax from tax record: −$132 /mo · $1,587/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$274
• Net cashflow: $162

Break-even live

Break-even rent $1,098

Max offer price $129,900

Occupancy floor 83%

Sensitivity live

Price	-10% $236	-5% $199	+0% $162	+5% $126	+10% $89
Rent	-10% $59	-5% $111	+0% $162	+5% $214	+10% $265
Rate	-1.0pp $228	-0.5pp $195	base $162	+0.5pp $129	+1.0pp $94

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14535 Mettetal St Unit 1 Detroit, MI	2.0	1.0	965	$1,000	$1.04	45d	1	0.32mi
14753 Saint Marys St Detroit, MI	2.0	1.0	900	$1,150	$1.28	14d	1	0.48mi
14753 Saint Marys St Detroit, MI	2.0	1.0	900	$1,150	$1.28	6d	1	0.48mi
12840 Grandmont Ave Detroit, MI	3.0	1.0	1100	$1,200	$1.09	45d	1	0.51mi
14836 Rutherford St Unit 2 Detroit, MI	2.0	1.0	1104	$950	$0.86	45d	1	0.52mi
13600 Southfield Fwy Detroit, MI	2.0	1.0	848	$1,100	$1.30	6d	1	0.59mi
12711 Grandmont Ave Detroit, MI	3.0	1.0	1000	$1,400	$1.40	19d	1	0.61mi
14716 Archdale St Detroit, MI	2.0	1.0	900	$1,100	$1.22	45d	1	0.69mi
14264 Coyle St Detroit, MI	2.0	1.0	1000	$1,150	$1.15	45d	1	0.72mi
14893 Prest St Detroit, MI	3.0	1.0	1100	$1,000	$0.91	16d	1	0.73mi
12944 Rosemont Ave Detroit, MI	2.0	1.0	800	$1,050	$1.31	6d	1	0.76mi
15065 Gilchrist St Detroit, MI	3.0	1.0	1100	$1,250	$1.14	45d	1	0.80mi
14814 Sussex St Unit 2 Detroit, MI	3.0	1.0	1100	$1,000	$0.91	45d	1	0.81mi
12941 Penrod St Detroit, MI	2.0	1.0	1000	$1,275	$1.27	45d	1	0.84mi
13591 Faust Ave Detroit, MI	2.0	1.0	1000	$1,275	$1.27	45d	1	0.85mi
15375 Prevost St Detroit, MI	4.0	1.0	907	$1,300	$1.43	18d	1	0.92mi
12875 Faust Ave Detroit, MI	2.0	1.0	735	$1,200	$1.63	6d	1	0.92mi
15100 Whitcomb St Detroit, MI	2.0	1.0	750	$925	$1.23	45d	1	0.94mi
12950 Glastonbury Ave Detroit, MI	3.0	1.0	1000	$1,400	$1.40	26d	1	0.98mi
12121 Montrose St Detroit, MI	3.0	1.0	874	$1,373	$1.57	23d	1	0.99mi
13514 Stahelin Ave Detroit, MI	3.0	1.0	1000	$1,400	$1.40	19d	1	1.02mi
13331 Strathmoor St Detroit, MI	3.0	1.0	1084	$1,100	$1.01	18d	1	1.03mi
14559 Strathmoor St Detroit, MI	2.0	1.0	1033	$1,150	$1.11	22d	1	1.06mi
12754 Marlowe St Detroit, MI	3.0	2.0	1008	$1,400	$1.39	18d	1	1.06mi
15736 Biltmore St Detroit, MI	3.0	1.5	1000	$1,200	$1.20	18d	1	1.08mi
15330 Coyle St Unit 2 Detroit, MI	3.0	1.0	1000	$1,450	$1.45	26d	1	1.09mi
15330 Coyle St Unit 1 Detroit, MI	3.0	1.0	1000	$1,425	$1.43	14d	1	1.09mi
15330 Coyle St Unit 1 Detroit, MI	3.0	1.0	1000	$1,375	$1.38	26d	1	1.09mi
15328 Coyle St Detroit, MI	3.0	1.0	1000	$1,450	$1.45	19d	1	1.10mi
19050 W Davison St Detroit, MI	3.0	1.0	1118	$1,400	$1.25	45d	1	1.15mi
15341 Lauder St Detroit, MI	4.0	1.5	1080	$1,475	$1.37	18d	1	1.17mi
15468 Sussex St #2 Detroit, MI	2.0	1.0	900	$1,250	$1.39	45d	1	1.18mi
15073 Strathmoor St Detroit, MI	2.0	1.0	860	$1,350	$1.57	18d	1	1.22mi
14284 Cruse St Detroit, MI	3.0	1.0	1121	$1,150	$1.03	18d	1	1.25mi
11741 Penrod St Detroit, MI	3.0	1.0	1124	$1,400	$1.25	18d	1	1.30mi
14347 Westwood St Detroit, MI	2.0	1.0	706	$1,200	$1.70	26d	1	1.31mi
12039 Lauder St Detroit, MI	3.0	1.5	1000	$1,500	$1.50	26d	1	1.31mi
11634 Sussex St Detroit, MI	3.0	1.0	1091	$1,326	$1.22	26d	1	1.33mi
19431 Lyndon St Detroit, MI	2.0	1.0	1000	$1,275	$1.27	45d	1	1.34mi
11393 Prest St Detroit, MI	3.0	1.0	900	$1,550	$1.72	18d	1	1.38mi

Listing history 11 events

1. 2026-04-03
   status Pending 502-char remark

   Show marketing remark (502 chars)

   Charming 3 bedroom brick Bungalow located near Grandmont and Rosedale Park Subdivision. This beautiful home with modern decor features refinished hardwood flooring. Living room with a natural fireplace and bay window. Formal dining room with built-in shelving. New kitchen. Huge master suite with a walk-in closet and brand new carpet. A full size basment with glass block windows and half bath offers additional living space. Lovely backyard with a deck to enjoy with family and friends. 2 car garage.

2. 2026-04-03
   status Pending

   Show marketing remark (502 chars)

   Charming 3 bedroom brick Bungalow located near Grandmont and Rosedale Park Subdivision. This beautiful home with modern decor features refinished hardwood flooring. Living room with a natural fireplace and bay window. Formal dining room with built-in shelving. New kitchen. Huge master suite with a walk-in closet and brand new carpet. A full size basment with glass block windows and half bath offers additional living space. Lovely backyard with a deck to enjoy with family and friends. 2 car garage.

3. 2026-04-01
   listed $129,900 Active 502-char remark

   Show marketing remark (502 chars)

   Charming 3 bedroom brick Bungalow located near Grandmont and Rosedale Park Subdivision. This beautiful home with modern decor features refinished hardwood flooring. Living room with a natural fireplace and bay window. Formal dining room with built-in shelving. New kitchen. Huge master suite with a walk-in closet and brand new carpet. A full size basment with glass block windows and half bath offers additional living space. Lovely backyard with a deck to enjoy with family and friends. 2 car garage.

4. 2026-04-01
   listed $129,900 Active

   Show marketing remark (502 chars)

   Charming 3 bedroom brick Bungalow located near Grandmont and Rosedale Park Subdivision. This beautiful home with modern decor features refinished hardwood flooring. Living room with a natural fireplace and bay window. Formal dining room with built-in shelving. New kitchen. Huge master suite with a walk-in closet and brand new carpet. A full size basment with glass block windows and half bath offers additional living space. Lovely backyard with a deck to enjoy with family and friends. 2 car garage.

5. 2012-01-04
   historical
6. 2012-01-04
   historical
7. 2010-02-17
   listed $80,000
8. 2010-02-17
   listed $80,000
9. 2008-10-06
   historical
10. 2008-03-11
    listed $115,000
11. 1995-02-24
    soldstatus $40,000

ⓘ 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: $1,587 · $132/mo
• Projected year-2 tax: $1,794 · $149/mo
• Expected delta: +$207/yr (+$17/mo · 13.0%)

ⓘ 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 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 · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,644
• − Mortgage interest: −$7,276
• − Property taxes: −$1,587
• − Insurance: −$650
• − Repairs & maintenance: −$1,252
• − Management: −$1,252
• − Depreciation: −$3,779
• Taxable loss: −$151
• Est. tax savings @ 24.0%: +$36
• After-tax cash flow: $1,984/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: Detroit Public Schools Community District
• NCES district ID: 2601103
• Math proficiency: 10% ▼ -2.00%
• Reading proficiency: 24% ▲ 6.00%
• Median HH income: $25,815
• Composite: 13.06/100
• National rank: #9564
• State rank: #499 of 540 in MI

Livability — Detroit

• Score: 73/100
• State rank: #218
• US rank: #5427

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Detroit, MI
• County: Wayne County · 1,562,939 people
• City population: 572,865
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 40,302
• Household income: $36,527
• Rent vs Own: 40.9% rent · 59.1% own
• Severe rent burden: 2371.0

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 Black (95%)
• Race & ethnicity: Black 95% Two or more races 3% White 1%
• Foreign-born: 1%
• Languages at home: 98% English-only · Spanish 1% French/Haitian/Cajun 1%

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: ▼ -125.00%
• Current HPI: 186.4158
• Rent YoY: ▲ 5.59%
• 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

+224.8% since first listed

11 events — show timeline

• 2026-04-03 Pending — MiRealSource-MiMLS
• 2026-04-03 Pending — REALCOMP
• 2026-04-01 Listed $129,900 REALCOMP
• 2026-04-01 Listed $129,900 MiRealSource-MiMLS
• 2012-01-04 Listing Removed — REALCOMP
• 2012-01-04 Listing Removed — MiRealSource-MiMLS
• 2010-02-17 Listed $80,000 REALCOMP
• 2010-02-17 Listed $80,000 MiRealSource-MiMLS
• 2008-10-06 Listing Removed — REALCOMP
• 2008-03-11 Listed $115,000 REALCOMP
• 1995-02-24 Sold (Public Records) $40,000 Public Records

Property tax history

-0.9%/yr

Latest (2025): $1,587 · -9.6% YoY. Source: county tax records.