3036 Green St · Lincoln Park, MI 48146

$160,000

3 bd · 1.0 ba · 1,026 sqft · SingleFamily public records · 16 Days on market

Built 1953 5,663 sqft lot Est $162k · at est.

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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 +16.9/30.0
• ARV discount +8.1/15.0
• DSCR +5.2/10.0
• 1% rule +4.0/10.0
• Livability +4.0/5.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

THIS IS A HUD HOME. SOLD AS IS. EXCLUSIVE LISTING. OWNER OCCUPANT BIDS ONLY FOR THE FIRST 15 DAYS ON MARKET. INVESTORS CAN BID AFTER THIS DATE. SOLID BRICK RANCH WITH HARDWOOD FLOORS THROUGHIOUT. FULL BASEMENT AND 1 CAR GARAGE. UPDATED KITCHEN. BUYER TO ORDER CITY INSPECTION AND FINAL WATER READING PRIOR TO CLOSNG WITH THE CITY OF LINCOLN PARK.

Key facts

• 5,663 sq ft lot
• Garage
• Built 1953

Property features AI

Exterior

• Parking: Detached 1-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One story; Ground-level entry with steps; Brick construction
• Construction: Brick exterior
• Exterior features: Paved road access; Lot dimensions approximately 29 x 136.63 (0.13 acres); No pool

Interior

• Bedrooms: Total rooms: 5
• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning; Ceiling fans; Forced air heating; Natural gas heating
• Interior features: Partially finished basement; Basement present

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $104 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $143k (10.4% below list).
• Recommended offer: $143k (10.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 80/100 on livability (#82 in MI, #1,720 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools D-, crime F, employment D-.
• Lincoln Park School District (suburban): math 15% / reading 32% proficiency, ranked #440 of 540 in MI (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.7%/yr); 154 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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

• It's been on market 16 days — a 2% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
• 4 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.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $143,438 (10.4% below list)

Questions for the listing agent

1. Built in 1953 — 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 D-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. 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?
6. 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.
7. 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.
8. 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: 0.90% ✗
• Cap rate: 7.07%
• Cash-on-cash: 2.79%
• DSCR: 1.12
• GRM: 9.3

CMA / ARV

• ARV (on-the-fly): $162,108
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1829 Alard Ave	0.65mi	3/1.0	1,026 (0%)	0mo	$206,000	$201	69
2071 Meyer Ct	0.51mi	3/1.5	999 (-3%)	2mo	$190,000	$190	68
2121 Buckingham Ave	0.64mi	3/1.0	1,012 (-1%)	4mo	$159,900	$158	65
1415 Richmond Ave	0.36mi	3/1.0	1,134 (+10%)	2mo	$165,000	$146	64
1591 Garfield Ave	0.62mi	3/1.0	1,080 (+5%)	0mo	$144,700	$134	62
2359 Detroit Ave	0.66mi	3/1.0	1,080 (+5%)	1mo	$196,000	$181	59
1311 Gregory St	0.61mi	3/1.0	1,128 (+10%)	1mo	$145,900	$129	54
1377 Mill St	0.53mi	2/1.0 (-1)	1,124 (+10%)	2mo	$157,000	$140	53
2366 Progress Ave	0.65mi	3/1.0	1,120 (+9%)	3mo	$145,000	$129	52
1765 Garfield Ave	0.68mi	3/1.0	886 (-14%)	1mo	$165,000	$186	45
1766 White Ave	0.75mi	3/1.0	900 (-12%)	2mo	$165,000	$183	43
1042 Champaign Rd	0.73mi	3/1.0	1,152 (+12%)	3mo	$150,500	$131	43

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 · 4.65% rent growth · sell at horizon

5-year hold

• IRR: -10.2%
• Equity multiple: 0.62×
• Total profit: $-16,899
• Equity at exit: $23,857

10-year hold

• IRR: 1.2%
• Equity multiple: 1.09×
• Total profit: $3,994
• Equity at exit: $13,834

Cash invested: $44,800 (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 48146

• Home prices YoY: -32.7%
• Rents YoY: 4.7%
• Active inventory: 154
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $1,434 high
• Mortgage (P&I): −$839
• Tax from tax record: −$123 /mo · $1,480/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$301
• Net cashflow: $104

Break-even live

Break-even rent $1,303

Max offer price $160,000

Occupancy floor 88%

Sensitivity live

Price	-10% $195	-5% $149	+0% $104	+5% $59	+10% $14
Rent	-10% $-9	-5% $47	+0% $104	+5% $161	+10% $217
Rate	-1.0pp $185	-0.5pp $145	base $104	+0.5pp $63	+1.0pp $21

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1343 Pagel Ave Unit 2-Upper Lincoln Park, MI	2.0	1.0	1000	$1,250	$1.25	19d	1	0.52mi
2235 Moore Rd Unit 1 Lincoln Park, MI	2.0	1.0	800	$1,000	$1.25	25d	1	0.62mi
9725 Fox Ave Allen Park, MI	3.0	1.5	940	$1,850	$1.97	44d	1	0.89mi
1552 Hanover St Lincoln Park, MI	2.0	1.0	800	$1,250	$1.56	25d	1	0.90mi
1760 Saint Johns Blvd Apt 14 Lincoln Park, MI	2.0	1.0	750	$995	$1.33	25d	1	1.08mi
1750 Saint Johns Blvd Unit 17 Lincoln Park, MI	2.0	1.0	750	$1,025	$1.37	25d	1	1.09mi
1532 Euclid St #1 Lincoln Park, MI	2.0	1.0	850	$1,450	$1.71	25d	1	1.16mi
1537 Chandler Ave Lincoln Park, MI	2.0	1.0	725	$1,100	$1.52	18d	1	1.24mi
4163 Burns Ave Lincoln Park, MI	3.0	1.0	900	$1,500	$1.67	2d	1	1.26mi
11400 Fordline St Allen Park, MI	1.0–2.0	1.0	880	$1,400	$1.59	0d	1	1.29mi
9814 Quandt Ave Allen Park, MI	3.0	2.0	1050	$1,800	$1.71	44d	1	1.34mi
1524 Cicotte Ave Lincoln Park, MI	2.0	1.0	900	$1,250	$1.39	15d	1	1.37mi
1581 Empire Ave Lincoln Park, MI	2.0	1.0	900	$1,350	$1.50	25d	1	1.39mi
357 Emmons Blvd Lincoln Park, MI	3.0	1.0	1268	$1,695	$1.34	0d	1	1.43mi
9725 Ruth Allen Park, MI	3.0	1.5	1110	$1,800	$1.62	3d	1	1.47mi
854 Harrison Blvd Lincoln Park, MI	3.0	1.0	1410	$1,750	$1.24	44d	1	1.48mi
1473 Empire Ave Lincoln Park, MI	3.0	2.0	1342	$1,700	$1.27	0d	1	1.49mi

Listing history 8 events

1. 2026-05-21
   status Pending 346-char remark

   Show marketing remark (346 chars)

   THIS IS A HUD HOME. SOLD AS IS. EXCLUSIVE LISTING. OWNER OCCUPANT BIDS ONLY FOR THE FIRST 15 DAYS ON MARKET. INVESTORS CAN BID AFTER THIS DATE. SOLID BRICK RANCH WITH HARDWOOD FLOORS THROUGHIOUT. FULL BASEMENT AND 1 CAR GARAGE. UPDATED KITCHEN. BUYER TO ORDER CITY INSPECTION AND FINAL WATER READING PRIOR TO CLOSNG WITH THE CITY OF LINCOLN PARK.

2. 2026-05-21
   status Pending

   Show marketing remark (346 chars)

   THIS IS A HUD HOME. SOLD AS IS. EXCLUSIVE LISTING. OWNER OCCUPANT BIDS ONLY FOR THE FIRST 15 DAYS ON MARKET. INVESTORS CAN BID AFTER THIS DATE. SOLID BRICK RANCH WITH HARDWOOD FLOORS THROUGHIOUT. FULL BASEMENT AND 1 CAR GARAGE. UPDATED KITCHEN. BUYER TO ORDER CITY INSPECTION AND FINAL WATER READING PRIOR TO CLOSNG WITH THE CITY OF LINCOLN PARK.

3. 2026-05-12
   status Active 346-char remark

   Show marketing remark (346 chars)

   THIS IS A HUD HOME. SOLD AS IS. EXCLUSIVE LISTING. OWNER OCCUPANT BIDS ONLY FOR THE FIRST 15 DAYS ON MARKET. INVESTORS CAN BID AFTER THIS DATE. SOLID BRICK RANCH WITH HARDWOOD FLOORS THROUGHIOUT. FULL BASEMENT AND 1 CAR GARAGE. UPDATED KITCHEN. BUYER TO ORDER CITY INSPECTION AND FINAL WATER READING PRIOR TO CLOSNG WITH THE CITY OF LINCOLN PARK.

4. 2026-05-12
   status Active

   Show marketing remark (346 chars)

   THIS IS A HUD HOME. SOLD AS IS. EXCLUSIVE LISTING. OWNER OCCUPANT BIDS ONLY FOR THE FIRST 15 DAYS ON MARKET. INVESTORS CAN BID AFTER THIS DATE. SOLID BRICK RANCH WITH HARDWOOD FLOORS THROUGHIOUT. FULL BASEMENT AND 1 CAR GARAGE. UPDATED KITCHEN. BUYER TO ORDER CITY INSPECTION AND FINAL WATER READING PRIOR TO CLOSNG WITH THE CITY OF LINCOLN PARK.

5. 2026-05-06
   status Pending 346-char remark

   Show marketing remark (346 chars)

   THIS IS A HUD HOME. SOLD AS IS. EXCLUSIVE LISTING. OWNER OCCUPANT BIDS ONLY FOR THE FIRST 15 DAYS ON MARKET. INVESTORS CAN BID AFTER THIS DATE. SOLID BRICK RANCH WITH HARDWOOD FLOORS THROUGHIOUT. FULL BASEMENT AND 1 CAR GARAGE. UPDATED KITCHEN. BUYER TO ORDER CITY INSPECTION AND FINAL WATER READING PRIOR TO CLOSNG WITH THE CITY OF LINCOLN PARK.

6. 2026-05-06
   status Pending

   Show marketing remark (346 chars)

   THIS IS A HUD HOME. SOLD AS IS. EXCLUSIVE LISTING. OWNER OCCUPANT BIDS ONLY FOR THE FIRST 15 DAYS ON MARKET. INVESTORS CAN BID AFTER THIS DATE. SOLID BRICK RANCH WITH HARDWOOD FLOORS THROUGHIOUT. FULL BASEMENT AND 1 CAR GARAGE. UPDATED KITCHEN. BUYER TO ORDER CITY INSPECTION AND FINAL WATER READING PRIOR TO CLOSNG WITH THE CITY OF LINCOLN PARK.

7. 2026-04-29
   listed $160,000 Active

   Show marketing remark (346 chars)

   THIS IS A HUD HOME. SOLD AS IS. EXCLUSIVE LISTING. OWNER OCCUPANT BIDS ONLY FOR THE FIRST 15 DAYS ON MARKET. INVESTORS CAN BID AFTER THIS DATE. SOLID BRICK RANCH WITH HARDWOOD FLOORS THROUGHIOUT. FULL BASEMENT AND 1 CAR GARAGE. UPDATED KITCHEN. BUYER TO ORDER CITY INSPECTION AND FINAL WATER READING PRIOR TO CLOSNG WITH THE CITY OF LINCOLN PARK.

8. 2026-04-29
   listed $160,000 Active 346-char remark

   Show marketing remark (346 chars)

   THIS IS A HUD HOME. SOLD AS IS. EXCLUSIVE LISTING. OWNER OCCUPANT BIDS ONLY FOR THE FIRST 15 DAYS ON MARKET. INVESTORS CAN BID AFTER THIS DATE. SOLID BRICK RANCH WITH HARDWOOD FLOORS THROUGHIOUT. FULL BASEMENT AND 1 CAR GARAGE. UPDATED KITCHEN. BUYER TO ORDER CITY INSPECTION AND FINAL WATER READING PRIOR TO CLOSNG WITH THE CITY OF LINCOLN PARK.

ⓘ 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: $1,480 · $123/mo
• Projected year-2 tax: $1,972 · $164/mo
• Expected delta: +$492/yr (+$41/mo · 33.3%)

ⓘ 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 ≥96°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,213
• − Mortgage interest: −$8,962
• − Property taxes: −$1,480
• − Insurance: −$800
• − Repairs & maintenance: −$1,377
• − Management: −$1,377
• − Depreciation: −$4,655
• Taxable loss: −$1,438
• Est. tax savings @ 24.0%: +$345
• After-tax cash flow: $1,595/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: Lincoln Park School District
• NCES district ID: 2621600
• Math proficiency: 15% ▼ -5.00%
• Reading proficiency: 32% ▬ 0.00%
• Median HH income: $41,486
• Composite: 19.93/100
• National rank: #8678
• State rank: #440 of 540 in MI

Livability — Lincoln Park

• Score: 80/100
• State rank: #82
• US rank: #1720

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lincoln Park, MI
• County: Wayne County · 1,562,939 people
• City population: 39,257
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 39,257
• Household income: $58,616
• Rent vs Own: 31.2% rent · 68.8% own
• Severe rent burden: 1142.0

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: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 60% Hispanic / Latino 25% Two or more races 12% Black 9% Native American 1%
• Hispanic origin (detail): Mexican 19% Puerto Rican 3%
• Common ancestry: Romanian 6% Lithuanian 4% Slovak 1%
• Foreign-born: 9% · Canada
• Languages at home: 80% English-only · Spanish 17% Arabic 2%

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: ▼ -108.25%
• Current HPI: 222.8545
• Rent YoY: ▲ 4.65%
• 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

+0.0% since first listed

8 events — show timeline

• 2026-05-21 Pending — MiRealSource-MiMLS
• 2026-05-21 Pending — REALCOMP
• 2026-05-12 Relisted — MiRealSource-MiMLS
• 2026-05-12 Relisted — REALCOMP
• 2026-05-06 Pending — MiRealSource-MiMLS
• 2026-05-06 Pending — REALCOMP
• 2026-04-29 Listed $160,000 REALCOMP
• 2026-04-29 Listed $160,000 MiRealSource-MiMLS

Property tax history

+0.2%/yr

Latest (2025): $1,480 · -19.0% YoY. Source: county tax records.