6244 Leigh Ct · Hartland, MI 48430

$75,400

3 bd · 2.0 ba · 1,848 sqft · SingleFamily · 54 Days on market

Built 2003 Average condition 1.88 ac lot $41/sqft · 17% below area Est $90k · 17% under ↓ 11% since listing

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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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +5.2/10.0
• Rent growth +3.1/5.0
• Condition / age +2.8/5.0
• Livability +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Space, location, and value come together in this 3-bedroom, 2-bath home offering over 1,800 square feet in the heart of Fenton. Situated on a desirable corner lot, this property provides added privacy and a more open feel compared to typical homes in the community. Inside, the spacious layout allows for comfortable everyday living with room to grow, work from home, or entertain with ease. The size alone makes this a standout option for buyers looking to maximize value. Located within the Fenton School District and just minutes from downtown, shopping, dining, and expressways, this home delivers both convenience and lifestyle. Lot rent is approximately $750 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Cider Mill Crossings, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you're looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won't want to miss.

Key facts

• Fitness center
• Clubhouse
• Fenton area

Tags

• FENTON AREA
• CORNER LOT
• FULL WRAPAROUND COVERED PORCH
• CLUBHOUSE
• SWIMMING POOL
• FITNESS CENTER

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $75k. Condition is rated average.

Deal economics

• At list price, monthly cash flow is $892 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Recommended offer: $73k (3.0% below list) — sets the bar for market timing.
• Cap rate 20.5% vs local median 2.9% in Hartland — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Hartland Consolidated Schools (suburban): math 52% / reading 62% proficiency, ranked #41 of 540 in MI (top 8%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 11% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising (+2.6%/yr); 311 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 488 units permitted in Livingston County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $521 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Livingston County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 2.6% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 54 days — a 3% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $10k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $73,138 (3.0% below list)

Questions for the listing agent

1. It's been on market 54 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 2.37% ✓
• Cap rate: 20.50%
• Cash-on-cash: 50.73%
• DSCR: 3.26
• GRM: 3.5

CMA / ARV

• ARV (median comp): $90,444
• List price: $75,400
• Delta: -16.63%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6283 Leigh Ct	0.03mi	3/2.0	1,736 (-6%)	9mo	$68,000	$39	81
9922 Macbeth St	0.27mi	3/2.0	1,950 (+6%)	4mo	$159,900	$82	75
6408 Scenic Way	0.24mi	4/2.0 (+1)	1,792 (-3%)	23mo	$100,000	$56	60
9705 Townsquare Blvd	0.21mi	3/2.0	1,624 (-12%)	22mo	$85,500	$53	52
9674 Townsquare Blvd	0.26mi	4/2.0 (+1)	1,680 (-9%)	20mo	$122,000	$73	51
10095 Carlee June Dr	0.73mi	3/1.5	1,696 (-8%)	13mo	$355,000	$209	39

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 · 2.59% rent growth · sell at horizon

5-year hold

• IRR: 48.1%
• Equity multiple: 3.08×
• Total profit: $43,917
• Equity at exit: $11,242

10-year hold

• IRR: 53.5%
• Equity multiple: 6.14×
• Total profit: $108,555
• Equity at exit: $6,519

Cash invested: $21,112 (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 48430

• Rents YoY: 2.6%
• Active inventory: 311
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $1,789 medium
• Mortgage (P&I): −$395
• Tax est. 1.5%: −$94 /mo · $1,131/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$376
• Net cashflow: $892

Break-even live

Break-even rent $660

Max offer price $75,400

Occupancy floor 45%

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: $18,850
• Closing costs: $2,262
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9900 Townsquare Blvd Fenton, MI	3.0	2.0	1456	$1,449	$1.00	2d	1	0.15mi

Listing history 8 events

1. 2026-04-15
   price $75,400 1291-char remark

   Show marketing remark (1303 chars)

   Space, location, and value come together in this 3-bedroom, 2-bath home offering over 1,800 square feet in the heart of Fenton. Situated on a desirable corner lot, this property provides added privacy and a more open feel compared to typical homes in the community. Inside, the spacious layout allows for comfortable everyday living with room to grow, work from home, or entertain with ease. The size alone makes this a standout option for buyers looking to maximize value. Located within the Fenton School District and just minutes from downtown, shopping, dining, and expressways, this home delivers both convenience and lifestyle. Lot rent is approximately $750 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Cider Mill Crossings, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you’re looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won’t want to miss.

2. 2026-04-15
   price $75,400 1303-char remark

   Show marketing remark (1303 chars)

   Space, location, and value come together in this 3-bedroom, 2-bath home offering over 1,800 square feet in the heart of Fenton. Situated on a desirable corner lot, this property provides added privacy and a more open feel compared to typical homes in the community. Inside, the spacious layout allows for comfortable everyday living with room to grow, work from home, or entertain with ease. The size alone makes this a standout option for buyers looking to maximize value. Located within the Fenton School District and just minutes from downtown, shopping, dining, and expressways, this home delivers both convenience and lifestyle. Lot rent is approximately $750 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Cider Mill Crossings, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you’re looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won’t want to miss.

3. 2026-04-10
   price $76,900 1291-char remark

   Show marketing remark (1303 chars)

   Space, location, and value come together in this 3-bedroom, 2-bath home offering over 1,800 square feet in the heart of Fenton. Situated on a desirable corner lot, this property provides added privacy and a more open feel compared to typical homes in the community. Inside, the spacious layout allows for comfortable everyday living with room to grow, work from home, or entertain with ease. The size alone makes this a standout option for buyers looking to maximize value. Located within the Fenton School District and just minutes from downtown, shopping, dining, and expressways, this home delivers both convenience and lifestyle. Lot rent is approximately $750 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Cider Mill Crossings, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you’re looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won’t want to miss.

4. 2026-04-10
   price $76,900 1303-char remark

   Show marketing remark (1303 chars)

   Space, location, and value come together in this 3-bedroom, 2-bath home offering over 1,800 square feet in the heart of Fenton. Situated on a desirable corner lot, this property provides added privacy and a more open feel compared to typical homes in the community. Inside, the spacious layout allows for comfortable everyday living with room to grow, work from home, or entertain with ease. The size alone makes this a standout option for buyers looking to maximize value. Located within the Fenton School District and just minutes from downtown, shopping, dining, and expressways, this home delivers both convenience and lifestyle. Lot rent is approximately $750 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Cider Mill Crossings, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you’re looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won’t want to miss.

5. 2026-04-01
   price $79,900 1291-char remark

   Show marketing remark (1303 chars)

   Space, location, and value come together in this 3-bedroom, 2-bath home offering over 1,800 square feet in the heart of Fenton. Situated on a desirable corner lot, this property provides added privacy and a more open feel compared to typical homes in the community. Inside, the spacious layout allows for comfortable everyday living with room to grow, work from home, or entertain with ease. The size alone makes this a standout option for buyers looking to maximize value. Located within the Fenton School District and just minutes from downtown, shopping, dining, and expressways, this home delivers both convenience and lifestyle. Lot rent is approximately $750 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Cider Mill Crossings, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you’re looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won’t want to miss.

6. 2026-04-01
   price $79,900 1303-char remark

   Show marketing remark (1303 chars)

   Space, location, and value come together in this 3-bedroom, 2-bath home offering over 1,800 square feet in the heart of Fenton. Situated on a desirable corner lot, this property provides added privacy and a more open feel compared to typical homes in the community. Inside, the spacious layout allows for comfortable everyday living with room to grow, work from home, or entertain with ease. The size alone makes this a standout option for buyers looking to maximize value. Located within the Fenton School District and just minutes from downtown, shopping, dining, and expressways, this home delivers both convenience and lifestyle. Lot rent is approximately $750 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Cider Mill Crossings, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you’re looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won’t want to miss.

7. 2026-03-26
   listed $84,900 Active 1291-char remark

   Show marketing remark (1303 chars)

   Space, location, and value come together in this 3-bedroom, 2-bath home offering over 1,800 square feet in the heart of Fenton. Situated on a desirable corner lot, this property provides added privacy and a more open feel compared to typical homes in the community. Inside, the spacious layout allows for comfortable everyday living with room to grow, work from home, or entertain with ease. The size alone makes this a standout option for buyers looking to maximize value. Located within the Fenton School District and just minutes from downtown, shopping, dining, and expressways, this home delivers both convenience and lifestyle. Lot rent is approximately $750 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Cider Mill Crossings, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you’re looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won’t want to miss.

8. 2026-03-26
   listed $84,900 Active 1303-char remark

   Show marketing remark (1303 chars)

   Space, location, and value come together in this 3-bedroom, 2-bath home offering over 1,800 square feet in the heart of Fenton. Situated on a desirable corner lot, this property provides added privacy and a more open feel compared to typical homes in the community. Inside, the spacious layout allows for comfortable everyday living with room to grow, work from home, or entertain with ease. The size alone makes this a standout option for buyers looking to maximize value. Located within the Fenton School District and just minutes from downtown, shopping, dining, and expressways, this home delivers both convenience and lifestyle. Lot rent is approximately $750 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Cider Mill Crossings, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you’re looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won’t want to miss.

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

Taxation est. · year 1

• Rental income: $21,472
• − Mortgage interest: −$4,224
• − Property taxes: −$1,131
• − Insurance: −$377
• − Repairs & maintenance: −$1,718
• − Management: −$1,718
• − Depreciation: −$2,193
• Taxable income: $10,111
• Est. tax owed @ 24.0%: −$2,427
• After-tax cash flow: $8,283/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.

Condition & rehab AI · 12 photos

Average 55/100 Moderate rehab

This 3-bedroom, 2-bath home offers a moderate level of renovation needed, with average condition across most areas. Painting, new flooring, and updated kitchen cabinets can significantly enhance its resale value.

Repairs flagged

• Minor paint — faded paint in some areas
• Minor flooring — carpeted floors in living areas
• Minor kitchen cabinets — slight wear on white cabinets

Value-add opportunities

• Resale painting — fresh paint can significantly improve curb appeal
• Resale new flooring — new flooring can enhance the home's value
• Resale kitchen cabinets — new cabinets can add value and functionality

Renovation cost estimate screening

Repair item	Severity	Est. cost
paint · faded paint in some areas	Minor	$500–3,000
flooring · carpeted floors in living areas	Minor	$500–3,000
kitchen cabinets · slight wear on white cabinets	Minor	$500–3,000
Total estimated repair cost · 3 items		$1,500–9,000

Value-add ROI direction

• Resale painting — fresh paint can significantly improve curb appeal ↑
• Resale new flooring — new flooring can enhance the home's value ↑
• Resale kitchen cabinets — new cabinets can add value and functionality ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Hartland Consolidated Schools
• NCES district ID: 2617910
• Math proficiency: 52% ▼ -8.00%
• Reading proficiency: 62% ▼ -7.00%
• Median HH income: $85,269
• Composite: 51.93/100
• National rank: #1647
• State rank: #41 of 540 in MI

Livability — Hartland

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Livingston County · 121,626 people
• City population: 7,014
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 39,309
• Household income: $100,193
• Rent vs Own: 18.6% rent · 81.4% own
• Severe rent burden: 642.0

Population outlook (Livingston County) Hauer SSP2

• Today (2025): 202,920 people
• By 2030: 209,173 · +3.1%
• By 2040: 216,878 · +6.9%
• By 2050: 217,485 · +7.2%
• By 2075: 217,590 · +7.2%
• By 2100: 197,095 · -2.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 4% Hispanic / Latino 3% Asian 1% Black 1%
• Common ancestry: Romanian 10% Lithuanian 5% Slovak 3%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 1% Other Asian/Pacific 1% Other Indo-European 1%

Political lean MEDSL · Livingston

• 2024 margin: Strong R (+23.9) · D 37.4% · R 61.3% · Other 1.3%
• 2008→2024 swing: -10.7pp toward R · 2008: -13.3pp · 2024: -23.9pp
• All cycles: 2024: R+23.9 2020: R+22.6 2016: R+29.6 2012: R+23.3 2008: R+13.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -298.66%
• Current HPI: 238.8371
• Rent YoY: ▲ 2.59%
• 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

-11.2% since first listed

8 events — show timeline

• 2026-04-15 Price Changed $75,400 MiRealSource-MiMLS
• 2026-04-15 Price Changed $75,400 REALCOMP
• 2026-04-10 Price Changed $76,900 MiRealSource-MiMLS
• 2026-04-10 Price Changed $76,900 REALCOMP
• 2026-04-01 Price Changed $79,900 MiRealSource-MiMLS
• 2026-04-01 Price Changed $79,900 REALCOMP
• 2026-03-26 Listed $84,900 REALCOMP
• 2026-03-26 Listed $84,900 MiRealSource-MiMLS