12337 Laird Rd · Cambridge, MI 49230

$53,400

3 bd · 1.0 ba · 910 sqft · Manufactured · 31 Days on market

Built 1968 Good condition

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Condition / age +3.8/5.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Escape to affordable lake living on beautiful all-sports Deep Lake! Located in the highly sought-after Deep Lake Village seasonal community in Brooklyn, Michigan, this turnkey 3-bedroom, 1-bath mobile home offers the perfect summer retreat just in time for lake season. Open April through October, Deep Lake Village is ideal for weekend getaways, boating, fishing, and making lasting memories at the lake. This well-maintained home sits on a spacious lot and comes fully furnished — all furnishings stay, making this truly move-in ready. Inside, you’ll find a comfortable living area, functional kitchen, dining space, and three bedrooms with room for guests and family. The enclosed sunroom adds additional living and entertaining space, while the outdoor patio and yard create the perfect setting for bonfires, cookouts, and relaxing after a day on the water. Docking is available through the main office, giving you convenient access to enjoy everything all-sports Deep Lake has to offer. Bonus for buyers — the lot rent for the entire year has already been paid! Conveniently located near Brooklyn, the Irish Hills, Michigan International Speedway, golf courses, restaurants, and countless recreational attractions, this is the affordable lake getaway you've been waiting for. Schedule your private showing today!

Key facts

• Enclosed sunroom
• Spacious lot
• Dock access

Tags

• TURNKEY MOBILE HOME
• SPACIOUS LOT
• FULLY FURNISHED
• ENCLOSED SUNROOM
• OUTDOOR PATIO
• DOCK ACCESS

Property features AI

Finance

• HOA & community: Homeowners association present with monthly association fees

Exterior

• Parking: Assigned parking
• Utilities: Shared well water; Septic tank
• Home design: Manufactured home; Residential property; Located in DEEP LAKE VILLAGE
• Construction: Aluminum siding; Pillar/post/pier foundation; Above-grade finished area of 910
• Exterior features: Patio; Beach access; Shed(s)

Interior

• Kitchen: Oven; Range; Refrigerator
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (Propane); Ceiling fans; Wall/window air conditioning units
• Interior features: Furnished; 8 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath manufactured listed at $53k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $574 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $53k).
• Recommended offer: $52k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Onsted Community Schools (rural): math 30% / reading 48% proficiency, ranked #210 of 540 in MI (top 39%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Onsted Elementary (math 33% / reading 45%, grade F, #671 of 1,397 statewide, top 48%, 527 students, 50% FRL); Onsted Middle School (math 28% / reading 49%, grade F, #228 of 493 statewide, top 47%, 284 students, 45% FRL); Onsted Community High School (math 27% / reading 47%, grade F, #334 of 713 statewide, top 51%, 389 students, 42% FRL) — zoned schools average 46% FRL vs 30% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 141 active listings in the ZIP; 137 units permitted in Lenawee County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $369 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Lenawee County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $15k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($52k) is reasonable based on typical stale-listing flexibility.
• 2 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.

Recommended offer $51,798 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 2.24% ✓
• Cap rate: 19.20%
• Cash-on-cash: 46.10%
• DSCR: 3.05
• GRM: 3.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 43.3%
• Equity multiple: 2.87×
• Total profit: $27,950
• Equity at exit: $7,962

10-year hold

• IRR: 49.4%
• Equity multiple: 5.78×
• Total profit: $71,520
• Equity at exit: $4,617

Cash invested: $14,952 (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 49230

• Home prices YoY: -33.5%
• Active inventory: 141
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $1,194 medium
• Mortgage (P&I): −$280
• Tax est. 1.5%: −$67 /mo · $801/yr
• Insurance: −$22
• HOA: −$0
• Vacancy / Maint / Mgmt: −$251
• Net cashflow: $574

Break-even live

Break-even rent $467

Max offer price $53,400

Occupancy floor 47%

Sensitivity live

Price	-10% $611	-5% $593	+0% $574	+5% $556	+10% $538
Rent	-10% $480	-5% $527	+0% $574	+5% $622	+10% $669
Rate	-1.0pp $601	-0.5pp $588	base $574	+0.5pp $561	+1.0pp $546

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: $13,350
• Closing costs: $1,602
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-21
   days on market $53,400 Active 31 DOM
2. 2026-06-21
   days on market $53,400 Active 30 DOM
3. 2026-06-18
   days on market $53,400 Active 28 DOM
4. 2026-06-17
   days on market $53,400 Active 27 DOM
5. 2026-06-17
   price $53,400 Active 26 DOM
6. 2026-06-16
   days on market $55,900 Active 26 DOM
7. 2026-06-15
   days on market $55,900 Active 25 DOM
8. 2026-06-13
   days on market $55,900 Active 23 DOM
9. 2026-06-12
   days on market $55,900 Active 22 DOM
10. 2026-06-09
    days on market $55,900 Active 19 DOM
11. 2026-06-08
    days on market $55,900 Active 18 DOM
12. 2026-06-07
    days on market $55,900 Active 17 DOM
13. 2026-06-07
    days on market $55,900 Active 16 DOM
14. 2026-06-04
    days on market $55,900 Active 13 DOM
15. 2026-06-02
    days on market $55,900 Active 12 DOM
16. 2026-06-01
    days on market $55,900 Active 11 DOM
17. 2026-05-31
    days on market $55,900 Active 10 DOM
18. 2026-05-31
    days on market $55,900 Active 9 DOM
19. 2026-05-21
    listed $55,900 Active 1336-char remark

    Show marketing remark (1336 chars)

    Escape to affordable lake living on beautiful all-sports Deep Lake! Located in the highly sought-after Deep Lake Village seasonal community in Brooklyn, Michigan, this turnkey 3-bedroom, 1-bath mobile home offers the perfect summer retreat just in time for lake season. Open April through October, Deep Lake Village is ideal for weekend getaways, boating, fishing, and making lasting memories at the lake. This well-maintained home sits on a spacious lot and comes fully furnished — all furnishings stay, making this truly move-in ready. Inside, you’ll find a comfortable living area, functional kitchen, dining space, and three bedrooms with room for guests and family. The enclosed sunroom adds additional living and entertaining space, while the outdoor patio and yard create the perfect setting for bonfires, cookouts, and relaxing after a day on the water. Docking is available through the main office, giving you convenient access to enjoy everything all-sports Deep Lake has to offer. Bonus for buyers — the lot rent for the entire year has already been paid! Conveniently located near Brooklyn, the Irish Hills, Michigan International Speedway, golf courses, restaurants, and countless recreational attractions, this is the affordable lake getaway you've been waiting for. Schedule your private showing today!

20. 2026-05-21
    listed $55,900 Active

    Show marketing remark (1336 chars)

    Escape to affordable lake living on beautiful all-sports Deep Lake! Located in the highly sought-after Deep Lake Village seasonal community in Brooklyn, Michigan, this turnkey 3-bedroom, 1-bath mobile home offers the perfect summer retreat just in time for lake season. Open April through October, Deep Lake Village is ideal for weekend getaways, boating, fishing, and making lasting memories at the lake. This well-maintained home sits on a spacious lot and comes fully furnished — all furnishings stay, making this truly move-in ready. Inside, you’ll find a comfortable living area, functional kitchen, dining space, and three bedrooms with room for guests and family. The enclosed sunroom adds additional living and entertaining space, while the outdoor patio and yard create the perfect setting for bonfires, cookouts, and relaxing after a day on the water. Docking is available through the main office, giving you convenient access to enjoy everything all-sports Deep Lake has to offer. Bonus for buyers — the lot rent for the entire year has already been paid! Conveniently located near Brooklyn, the Irish Hills, Michigan International Speedway, golf courses, restaurants, and countless recreational attractions, this is the affordable lake getaway you've been waiting for. Schedule your private showing today!

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,331
• − Mortgage interest: −$2,991
• − Property taxes: −$801
• − Insurance: −$267
• − Repairs & maintenance: −$1,146
• − Management: −$1,146
• − Depreciation: −$1,553
• Taxable income: $6,425
• Est. tax owed @ 24.0%: −$1,542
• After-tax cash flow: $5,351/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 · 13 photos

Good 75/100 Cosmetic rehab

This mobile home is in good condition with cosmetic updates needed to enhance its resale and rental value. The home is move-in ready and located in a desirable community with lake access.

Repairs flagged

• Moderate kitchen cabinets — dated and in need of updating
• Moderate bathroom vanity — dated and in need of updating
• Major kitchen appliances — outdated and in need of replacement

Value-add opportunities

• Resale paint interior walls — Fresh paint can make a significant difference in the home's appearance and value
• Resale replace kitchen cabinets and appliances — Modern cabinets and appliances can significantly enhance the home's appeal and value
• Resale update bathroom vanity — A new vanity can improve the bathroom's functionality and aesthetic appeal

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · dated and in need of updating	Moderate	$3,000–15,000
bathroom vanity · dated and in need of updating	Moderate	$3,000–15,000
kitchen appliances · outdated and in need of replacement	Major	$15,000–50,000
Total estimated repair cost · 3 items		$21,000–80,000

Value-add ROI direction

• Resale paint interior walls — Fresh paint can make a significant difference in the home's appearance and value ↑
• Resale replace kitchen cabinets and appliances — Modern cabinets and appliances can significantly enhance the home's appeal and value ↑
• Resale update bathroom vanity — A new vanity can improve the bathroom's functionality and aesthetic appeal ↑

ⓘ 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: Onsted Community Schools
• NCES district ID: 2626520
• Math proficiency: 30% ▼ -1.00%
• Reading proficiency: 48% ▲ 3.00%
• Median HH income: $56,068
• Composite: 34.18/100
• National rank: #5273
• State rank: #210 of 540 in MI

Livability — Cambridge

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

Census & demographics

• Population (ZIP): 10,259

Population outlook (Lenawee County) Hauer SSP2

• Today (2025): 95,497 people
• By 2030: 92,722 · -2.9%
• By 2040: 85,641 · -10.3%
• By 2050: 77,971 · -18.4%
• By 2075: 60,043 · -37.1%
• By 2100: 41,468 · -56.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 5%
• Common ancestry: Romanian 10% Slovak 4% Italian 2%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Other Indo-European 1%

Political lean MEDSL · Lenawee

• 2024 margin: Strong R (+23.0) · D 37.8% · R 60.8% · Other 1.4%
• 2008→2024 swing: -28.1pp toward R · 2008: 5.1pp · 2024: -23.0pp
• All cycles: 2024: R+23.0 2020: R+19.9 2016: R+21.1 2012: R+1.3 2008: D+5.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -128.18%
• Current HPI: 254.7683
• Rent YoY: —
• Metro: —
• 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

+0.0% since first listed

2 events — show timeline

• 2026-05-21 Listed $55,900 REALCOMP
• 2026-05-21 Listed $55,900 MiRealSource-MiMLS