CashFlowRE
Sign in Sign up
19711 Mansfield St
C+ Composite 61.87
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 +27.3/30.0
  • DSCR +9.5/10.0
  • ARV discount +7.5/15.0
  • 1% rule +6.7/10.0
  • Livability +3.7/5.0
  • Rent growth +3.3/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$119,000

19711 Mansfield St · Detroit, MI 48235
3 bd · 1.0 ba · 1,037 sqft · SingleFamily public records · 77 Days on market
Built 1947 3,920 sqft lot $115/sqft · 73% above area

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 19711 Mansfield, a beautifully fully renovated 3-bedroom, 1-bath home that blends modern upgrades with classic charm. This move-in-ready property features a bright, open living space with fresh paint, updated flooring, and stylish finishes throughout. The kitchen has been completely refreshed with contemporary cabinetry, premium quartz countertops, and updated fixtures, making it perfect for both everyday living and entertaining. Each bedroom offers comfortable space and natural light, while the remodeled bathroom showcases clean, modern design.

Key facts

  • Fully renovated
  • Remodeled bathroom
  • Updated flooring

Tags

FULLY RENOVATEDBRIGHT OPEN LIVING SPACEUPDATED FLOORINGCONTEMPORARY CABINETRYPREMIUM QUARTZ COUNTERTOPSREMODELED BATHROOM

Neighborhood map

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

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $119k.

Deal economics

  • At list price, monthly cash flow is $346 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $119k).
  • Recommended offer: $112k (6.0% below list) — sets the bar for market timing.

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: schools F, 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.
  • Market conditions: Rents rising (+3.2%/yr); 283 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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 ($39k/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 $823 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 + 3.2% rent growth), your $33k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 77 days — a 6% lower offer ($112k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts 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 $67k; list at $119k implies a 78% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $111,860 (6.0% below list)

Questions for the listing agent

  1. It's been on market 77 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 1947 — 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 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?
  6. 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?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.17%
Cap rate
9.78%
Cash-on-cash
12.44%
DSCR
1.55
GRM
7.1

CMA / ARV

ARV (median comp)
$68,880
List price
$119,000
Delta
72.76%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
16442 Pembroke Ave 0.24mi 3/1.0 1,050 (+1%) 4mo $40,000 $38 84
16910 Pembroke Ave 0.26mi 3/1.0 1,150 (+11%) 1mo $50,000 $43 68
20569 Biltmore St 0.63mi 3/1.5 1,073 (+4%) 2mo $174,000 $162 62
19152 Whitcomb St 0.59mi 2/1.5 (-1) 1,012 (-2%) 1mo $110,000 $109 60
19975 Ferguson St 0.33mi 3/1.0 889 (-14%) 1mo $50,650 $57 60
19338 Fenmore St 0.62mi 3/1.0 1,120 (+8%) 1mo $116,000 $104 57
18937 Lindsay St 0.61mi 3/1.0 951 (-8%) 2mo $59,000 $62 56
19412 Sussex St 0.56mi 3/1.0 1,170 (+13%) 2mo $93,000 $79 51
19365 Fenmore St 0.64mi 3/1.0 912 (-12%) 1mo $94,900 $104 50
20004 Southfield Fwy 0.67mi 2/1.0 (-1) 929 (-10%) 1mo $20,000 $22 45
19900 Southfield Rd 0.64mi 3/1.0 898 (-13%) 4mo $110,000 $122 44
20245 Archdale St 0.67mi 3/1.0 890 (-14%) 4mo $53,000 $60 42

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 · 3.25% rent growth · sell at horizon

5-year hold
IRR
2.4%
Equity multiple
1.09×
Total profit
$3,058
Equity at exit
$17,743
10-year hold
IRR
12.2%
Equity multiple
1.97×
Total profit
$32,378
Equity at exit
$10,289

Cash invested: $33,320 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

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

ZIP-level market 48235

Rents YoY
3.2%
Active inventory
283
Price-to-rent
7.1×

Monthly cashflow live

Estimated rent
$1,396 high interval (Pro) →
Mortgage (P&I)
$624
Tax from tax record
$84 /mo · $1,008/yr
Insurance
$50
HOA
$0
Vacancy / Maint / Mgmt
$293
Net cashflow
$346

Break-even live

Break-even rent $959
Max offer price $119,000
Occupancy floor 70%

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
$29,750
Closing costs
$3,570
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
19503 Mansfield St Detroit, MI 3.0 1.0 1200 $1,350 $1.12 16d 1 0.04mi
19467 Rutherford St Detroit, MI 3.0 1.0 1002 $1,200 $1.20 16d 1 0.10mi
19440 Rutherford St Detroit, MI 3.0 1.0 1000 $1,400 $1.40 24d 1 0.14mi
20210 Biltmore St Detroit, MI 3.0 1.0 1033 $1,350 $1.31 24d 1 0.45mi
19400 Harlow St Detroit, MI 4.0 1.0 1298 $1,275 $0.98 16d 1 0.48mi
20203 Gilchrist St Detroit, MI 3.0 1.0 1031 $1,250 $1.21 4d 1 0.50mi
20314 Gilchrist St Detroit, MI 3.0 1.0 1042 $1,500 $1.44 4d 1 0.56mi
20555 Motor Dr Detroit, MI 1.0–2.0 1.0 750 $1,222 $1.63 14d 5 0.58mi
19818 Fenmore St Detroit, MI 3.0 1.0 902 $1,275 $1.41 43d 1 0.58mi
18675 Forrer St Detroit, MI 3.0 1.0 1200 $1,225 $1.02 4d 1 0.60mi
20259 Oakfield St Detroit, MI 3.0 1.0 1056 $1,250 $1.18 16d 1 0.62mi
19918 Southfield Fwy Detroit, MI 3.0 1.0 915 $1,375 $1.50 14d 1 0.63mi
20043 Fenmore St Detroit, MI 3.0 1.0 1030 $1,453 $1.41 43d 1 0.65mi
19970 Ashton Ave Detroit, MI 3.0 1.0 1000 $1,000 $1.00 43d 1 0.73mi
20510 Fenmore St Detroit, MI 3.0 1.0 1194 $1,300 $1.09 1d 1 0.74mi
18964 Coyle St Detroit, MI 3.0 1.0 1300 $1,350 $1.04 2d 1 0.76mi
18400 Rutherford St Detroit, MI 3.0 1.0 1050 $1,400 $1.33 3d 1 0.77mi
20200 Ashton Ave Detroit, MI 3.0 1.0 1200 $1,200 $1.00 16d 1 0.79mi
18481 Prest St Detroit, MI 3.0 1.5 1100 $1,300 $1.18 19d 1 0.80mi
18427 Greenfield Rd Detroit, MI 2.0 1.0 952 $980 $1.03 4d 1 0.81mi
18268 Mansfield St Detroit, MI 2.0 1.0 800 $1,200 $1.50 16d 1 0.82mi
18276 Oakfield St Detroit, MI 2.0 1.0 726 $1,175 $1.62 43d 1 0.91mi
20068 Faust Ave Detroit, MI 2.0 1.0 750 $1,100 $1.47 24d 1 0.93mi
20527 Rosemont Ave Detroit, MI 2.0 2.0 975 $1,528 $1.57 43d 1 0.94mi
18494 Ashton Ave Detroit, MI 3.0 1.0 1000 $1,600 $1.60 16d 1 0.95mi
19445 Avon Ave Detroit, MI 3.0 1.0 1023 $1,550 $1.52 43d 1 1.03mi
20011 Avon Ave Detroit, MI 3.0 1.0 1000 $1,200 $1.20 4d 1 1.06mi
20042 Freeland St Detroit, MI 3.0 1.5 1445 $1,400 $0.97 16d 1 1.08mi
19329 Stahelin Ave Unit 1 Detroit, MI 3.0 1.5 833 $1,250 $1.50 43d 1 1.11mi
18257 Mark Twain St Detroit, MI 3.0 1.0 1185 $1,507 $1.27 16d 1 1.26mi
17201 Saint Marys St Detroit, MI 2.0 1.0 1200 $1,200 $1.00 2d 1 1.29mi
19372 Grandville Ave Detroit, MI 2.0 1.5 733 $1,050 $1.43 14d 1 1.29mi
19176 Grandville Ave Detroit, MI 3.0 1.0 941 $1,300 $1.38 4d 1 1.32mi
16500 N Park Dr Southfield, MI 1.0–3.0 1.0–2.5 1500 $2,289 $1.53 1d 1 1.32mi
17165 Prevost St Detroit, MI 3.0 1.0 1060 $2,400 $2.26 1d 1 1.33mi
18699 Shaftsbury Ave Detroit, MI 2.0 1.0 800 $1,000 $1.25 43d 1 1.35mi
17654 Greenview Ave Detroit, MI 4.0 1.0 1377 $1,350 $0.98 16d 1 1.36mi
19474 Schaefer Hwy Detroit, MI 2.0 1.0 896 $1,075 $1.20 4d 1 1.36mi
18659 Shaftsbury Ave Detroit, MI 3.0 1.0 763 $1,373 $1.80 12d 1 1.36mi
20426 Tracey St Detroit, MI 3.0 1.0 1200 $1,200 $1.00 24d 1 1.38mi

Listing history 40 events

  1. 2026-06-18
    days on market $119,000 Active 77 DOM
  2. 2026-06-17
    days on market $119,000 Active 76 DOM
  3. 2026-06-15
    days on market $119,000 Active 74 DOM
  4. 2026-06-13
    days on market $119,000 Active 72 DOM
  5. 2026-06-13
    days on market $119,000 Active 71 DOM
  6. 2026-06-09
    days on market $119,000 Active 68 DOM
  7. 2026-06-08
    days on market $119,000 Active 67 DOM
  8. 2026-06-07
    days on market $119,000 Active 66 DOM
  9. 2026-06-04
    days on market $119,000 Active 63 DOM
  10. 2026-06-03
    days on market $119,000 Active 62 DOM
  11. 2026-06-02
    days on market $119,000 Active 61 DOM
  12. 2026-06-01
    days on market $119,000 Active 60 DOM
  13. 2026-05-31
    days on market $119,000 Active 59 DOM
  14. 2026-04-02
    listed $119,000 Active 562-char remark
    Show marketing remark (562 chars)

    Welcome to 19711 Mansfield, a beautifully fully renovated 3-bedroom, 1-bath home that blends modern upgrades with classic charm. This move-in-ready property features a bright, open living space with fresh paint, updated flooring, and stylish finishes throughout. The kitchen has been completely refreshed with contemporary cabinetry, premium quartz countertops, and updated fixtures, making it perfect for both everyday living and entertaining. Each bedroom offers comfortable space and natural light, while the remodeled bathroom showcases clean, modern design.

  15. 2026-04-02
    listed $119,000 Active 562-char remark
    Show marketing remark (562 chars)

    Welcome to 19711 Mansfield, a beautifully fully renovated 3-bedroom, 1-bath home that blends modern upgrades with classic charm. This move-in-ready property features a bright, open living space with fresh paint, updated flooring, and stylish finishes throughout. The kitchen has been completely refreshed with contemporary cabinetry, premium quartz countertops, and updated fixtures, making it perfect for both everyday living and entertaining. Each bedroom offers comfortable space and natural light, while the remodeled bathroom showcases clean, modern design.

  16. 2026-04-02
    historical
    Show marketing remark (562 chars)

    Welcome to 19711 Mansfield, a beautifully fully renovated 3-bedroom, 1-bath home that blends modern upgrades with classic charm. This move-in-ready property features a bright, open living space with fresh paint, updated flooring, and stylish finishes throughout. The kitchen has been completely refreshed with contemporary cabinetry, premium quartz countertops, and updated fixtures, making it perfect for both everyday living and entertaining. Each bedroom offers comfortable space and natural light, while the remodeled bathroom showcases clean, modern design.

  17. 2026-04-02
    listed $119,000 Active
    Show marketing remark (562 chars)

    Welcome to 19711 Mansfield, a beautifully fully renovated 3-bedroom, 1-bath home that blends modern upgrades with classic charm. This move-in-ready property features a bright, open living space with fresh paint, updated flooring, and stylish finishes throughout. The kitchen has been completely refreshed with contemporary cabinetry, premium quartz countertops, and updated fixtures, making it perfect for both everyday living and entertaining. Each bedroom offers comfortable space and natural light, while the remodeled bathroom showcases clean, modern design.

  18. 2026-04-01
    historical
  19. 2026-03-23
    price $120,000
  20. 2026-03-23
    price $120,000
  21. 2026-03-23
    price $120,000
  22. 2026-02-25
    price $125,000
  23. 2026-02-25
    price $125,000
  24. 2026-02-25
    price $125,000
  25. 2026-02-13
    listed $129,000 Active
  26. 2026-02-13
    listed $129,000 Active
  27. 2026-02-12
    historical
  28. 2026-02-11
    historical
  29. 2025-12-18
    price $135,000
  30. 2025-12-17
    price $135,000
  31. 2025-12-17
    price $135,000
  32. 2025-11-14
    price $139,000
  33. 2025-11-14
    price $139,000
  34. 2025-11-14
    price $139,000
  35. 2025-11-04
    price $142,000
  36. 2025-11-04
    price $142,000
  37. 2025-11-04
    price $142,000
  38. 2025-10-20
    listed $144,000 Active
  39. 2025-10-20
    listed $144,000 Active
  40. 2025-05-13
    soldstatus $67,000

ⓘ 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
$1,008 · $84/mo
Projected year-2 tax
$1,420 · $118/mo
Expected delta
+$412/yr (+$34/mo · 40.9%)

ⓘ 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$16,757
− Mortgage interest
−$6,666
− Property taxes
−$1,008
− Insurance
−$595
− Repairs & maintenance
−$1,341
− Management
−$1,341
− Depreciation
−$3,462
Taxable income
$2,345
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$563
After-tax cash flow
$3,584/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)
45,600
Household income
$39,265
Rent vs Own
46.5% rent · 53.5% own
Severe rent burden
3064.0

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 (94%)
Race & ethnicity
Black 94% White 3% Two or more races 2% Hispanic / Latino 1%
Foreign-born
1% · Canada
Languages at home
98% English-only · Spanish 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
▼ -153.02%
Current HPI
263.6326
Rent YoY
▲ 3.25%
Metro
Detroit-Warren-Dearborn, MI
State GDP YoY
▲ 1.37%
F500 in state
28

Industry mix (Fortune 500 HQ in MI)

Industry F500 HQs Revenue

Price history

+77.6% since first listed
27 events — show timeline
  • 2026-04-02 Listed $119,000 SW Michigan MLS
  • 2026-04-02 Listing Removed MiRealSource-MiMLS
  • 2026-04-02 Listed $119,000 REALCOMP
  • 2026-04-02 Listed $119,000 MiRealSource-MiMLS
  • 2026-04-01 Listing Removed REALCOMP
  • 2026-03-23 Price Changed $120,000 MiRealSource-MiMLS
  • 2026-03-23 Price Changed $120,000 REALCOMP
  • 2026-03-23 Price Changed $120,000 SW Michigan MLS
  • 2026-02-25 Price Changed $125,000 MiRealSource-MiMLS
  • 2026-02-25 Price Changed $125,000 REALCOMP
  • 2026-02-25 Price Changed $125,000 SW Michigan MLS
  • 2026-02-13 Listed $129,000 REALCOMP
  • 2026-02-13 Listed $129,000 MiRealSource-MiMLS
  • 2026-02-12 Listing Removed MiRealSource-MiMLS
  • 2026-02-11 Listing Removed REALCOMP
  • 2025-12-18 Price Changed $135,000 MiRealSource-MiMLS
  • 2025-12-17 Price Changed $135,000 REALCOMP
  • 2025-12-17 Price Changed $135,000 SW Michigan MLS
  • 2025-11-14 Price Changed $139,000 MiRealSource-MiMLS
  • 2025-11-14 Price Changed $139,000 REALCOMP
  • 2025-11-14 Price Changed $139,000 SW Michigan MLS
  • 2025-11-04 Price Changed $142,000 MiRealSource-MiMLS
  • 2025-11-04 Price Changed $142,000 REALCOMP
  • 2025-11-04 Price Changed $142,000 SW Michigan MLS
  • 2025-10-20 Listed $144,000 REALCOMP
  • 2025-10-20 Listed $144,000 MiRealSource-MiMLS
  • 2025-05-13 Sold (Public Records) $67,000 Public Records

Property tax history

-3.0%/yr

Latest (2025): $1,008 · -50.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…