19951 Sunset St · Detroit, MI 48234

$82,000

3 bd · 1.0 ba · 1,011 sqft · SingleFamily public records · 3 Days on market

Built 1952 5,227 sqft lot $81/sqft · 106% above area Est $72k · 14% over

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +4.2/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• ARV discount +1.1/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICE REDUCED TO $82,000 - Don't Miss This One! Charm meets value in this beautifully maintained 3-bed, 1-bath brick bungalow in Detroit! From the moment you walk in, you'll be wowed by abundant natural light, and a warm, functional layout connecting the living and dining areas - move-in ready and waiting for its next owner. The surprises keep coming downstairs: a full basement. Step outside to a fantastic fenced backyard, close to Park - ideal for summer entertaining, pets, or simply unwinding after a long day. With a freshly reduced price, motivated sellers, and a location convenient to shopping, dining, and commuter routes, this bungalow checks every box at a price that won't last. - Brick construction - Fenced backyard - Move-in ready Seriously motivated sellers - all offers will be considered. Schedule your showing today before someone else does!

Key facts

• Full basement
• Brick construction
• Fenced backyard

Tags

• FENCED BACKYARD
• FULL BASEMENT
• BRICK CONSTRUCTION

Property features AI

Exterior

• Parking: Detached 1-car garage
• Utilities: Public water; Public sewer; Water and sewer available
• Home design: Single-family residence; One and one-half stories; Ground-level entry
• Construction: Brick construction; Brick/mortar foundation
• Exterior features: Paved road frontage; Lot roughly 45 x 116 (0.12 acres)

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Hot water heating; Natural gas heating; No central air
• Interior features: Partially finished basement; Total of 4 rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $82k.

Deal economics

• At list price, monthly cash flow is $534 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $82k).
• Cap rate 14.1% vs local median 10.1% in Detroit — 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 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 fast (+6.7%/yr); 227 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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).
• At $1,353/mo this rent would consume 46% of the median local household income ($35k/yr) (locally 2372% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $567 of loan paydown is wiped out by about $2k 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 + 6.7% rent growth), your $23k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 12 sale attempts since 15y 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 $10k; list at $82k implies a 704% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $82,000

Questions for the listing agent

1. Built in 1952 — 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: 1.65% ✓
• Cap rate: 14.11%
• Cash-on-cash: 27.93%
• DSCR: 2.24
• GRM: 5.1

CMA / ARV

• ARV (median comp): $71,798
• List price: $82,000
• Delta: 14.21%
• 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
19672 Justine St	0.22mi	3/1.0	1,050 (+4%)	2mo	$47,500	$45	82
20426 Wexford St	0.33mi	3/1.5	1,009 (-0%)	1mo	$117,000	$116	82
20409 Yonka St	0.37mi	3/1.0	1,050 (+4%)	1mo	$93,000	$89	75
19360 Revere St	0.49mi	3/1.0	1,050 (+4%)	2mo	$78,000	$74	69
19619 Norwood St	0.39mi	3/1.0	941 (-7%)	2mo	$30,500	$32	69
19662 Charest St	0.53mi	3/1.0	1,041 (+3%)	2mo	$69,000	$66	68
19416 Lamont St	0.45mi	3/1.5	1,065 (+5%)	1mo	$9,000	$8	67
19608 Buffalo St	0.73mi	3/1.0	1,014 (+0%)	1mo	$68,000	$67	64
19155 Ryan Rd	0.54mi	3/1.0	1,068 (+6%)	2mo	$45,000	$42	64
19227 Ryan Rd	0.48mi	3/1.0	919 (-9%)	1mo	$38,000	$41	62
19235 Lamont St	0.56mi	2/1.0 (-1)	960 (-5%)	1mo	$40,000	$42	60
19610 Conley St	0.51mi	3/1.0	1,120 (+11%)	0mo	$80,000	$71	58

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 · 6.72% rent growth · sell at horizon

5-year hold

• IRR: 26.1%
• Equity multiple: 2.13×
• Total profit: $26,002
• Equity at exit: $12,226

10-year hold

• IRR: 35.9%
• Equity multiple: 4.91×
• Total profit: $89,745
• Equity at exit: $7,090

Cash invested: $22,960 (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 48234

• Home prices YoY: -11.9%
• Rents YoY: 6.7%
• Active inventory: 227
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $1,353 high
• Mortgage (P&I): −$430
• Tax from tax record: −$70 /mo · $844/yr
• Insurance: −$34
• HOA: −$0
• Vacancy / Maint / Mgmt: −$284
• Net cashflow: $534

Break-even live

Break-even rent $677

Max offer price $82,000

Occupancy floor 56%

Sensitivity live

Price	-10% $581	-5% $558	+0% $534	+5% $511	+10% $488
Rent	-10% $427	-5% $481	+0% $534	+5% $588	+10% $641
Rate	-1.0pp $576	-0.5pp $555	base $534	+0.5pp $513	+1.0pp $492

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: $20,500
• Closing costs: $2,460
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
19930 Binder St Detroit, MI	3.0	1.0	1000	$1,450	$1.45	17d	1	0.14mi
20000 Norwood St Detroit, MI	3.0	1.5	1150	$1,200	$1.04	25d	1	0.28mi
19450 Norwood St Detroit, MI	3.0	1.0	1000	$1,200	$1.20	6d	1	0.39mi
19694 Gallagher St Detroit, MI	3.0	1.0	1000	$1,150	$1.15	16d	1	0.47mi
19360 Revere St Detroit, MI	3.0	1.0	1050	$1,250	$1.19	25d	1	0.49mi
19450 Fenelon St Detroit, MI	3.0	1.0	1062	$1,384	$1.30	6d	1	0.50mi
20058 Bloom St Detroit, MI	4.0	1.0	1350	$1,450	$1.07	17d	1	0.65mi
20255 Harned St Detroit, MI	3.0	1.0	1000	$1,374	$1.37	17d	1	0.66mi
20794 Audrey Ave Warren, MI	3.0	1.0	954	$1,350	$1.42	44d	1	0.67mi
19361 Moenart St Unit 1 Detroit, MI	2.0	1.0	1000	$1,100	$1.10	25d	1	0.68mi
19162 Conley St Detroit, MI	2.0	1.0	1000	$1,300	$1.30	44d	1	0.72mi
20263 Caldwell St Detroit, MI	3.0	1.0	909	$1,350	$1.49	17d	1	0.76mi
19260 Bloom St Detroit, MI	3.0	1.0	1100	$1,350	$1.23	5d	1	0.79mi
18662 Sunset St Detroit, MI	2.0	1.0	726	$1,250	$1.72	19d	1	0.79mi
19995 Goddard St Detroit, MI	4.0	1.0	1292	$1,400	$1.08	23d	1	0.81mi
18891 Moenart St Detroit, MI	3.0	1.0	870	$1,195	$1.37	17d	1	0.86mi
18891 Moenart St Detroit, MI	3.0	1.0	1150	$1,300	$1.13	3d	1	0.86mi
18557 Wexford St Detroit, MI	3.0	1.0	1216	$1,250	$1.03	25d	1	0.89mi
18884 Bloom St Detroit, MI	3.0	1.0	979	$975	$1.00	44d	1	0.92mi
18884 Bloom St Detroit, MI	3.0	1.0	979	$975	$1.00	23d	1	0.92mi
18666 Joseph Campau St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	17d	1	0.97mi
18677 Moenart St Detroit, MI	2.0	1.0	1470	$1,200	$0.82	44d	1	0.97mi
21155 Warner Ave Warren, MI	2.0	1.0	756	$1,029	$1.36	25d	1	0.98mi
19415 Gable St Detroit, MI	3.0	1.0	1000	$1,373	$1.37	25d	1	1.01mi
21410 Panama St Warren, MI	3.0	1.0	900	$1,600	$1.78	25d	1	1.01mi
21465 Syracuse Ave Warren, MI	3.0	1.0	990	$1,375	$1.39	44d	1	1.10mi
2034 John B Ave Warren, MI	3.0	1.0	920	$1,261	$1.37	44d	1	1.12mi
21456 Syracuse Ave Warren, MI	3.0	1.0	1160	$1,595	$1.38	44d	1	1.12mi
21456 Syracuse Ave Warren, MI	3.0	1.0	1152	$1,595	$1.38	3d	1	1.12mi
18629 Fleming St Detroit, MI	3.0	1.5	900	$1,150	$1.28	25d	1	1.21mi
21516 Dequindre Rd Warren, MI	1.0–2.0	1.0	837	$1,375	$1.64	23d	1	1.29mi
18084 Goddard St Detroit, MI	2.0	1.5	790	$1,050	$1.33	17d	1	1.31mi
18882 Marx St Highland Park, MI	2.0	1.0	1000	$1,300	$1.30	44d	1	1.32mi
22580 Masch Ave Warren, MI	3.0	1.0	988	$1,450	$1.47	25d	1	1.34mi
18551 Saint Aubin St Detroit, MI	3.0	1.0	962	$1,200	$1.25	17d	1	1.35mi
22622 Panama Ave Warren, MI	3.0	1.5	920	$1,395	$1.52	12d	1	1.46mi

Listing history 37 events

1. 2026-06-21
   days on market $82,000 Active 3 DOM
2. 2026-06-19
   days on marketlisting id $82,000 Active 1 DOM
3. 2026-06-18
   days on market $82,000 Active 59 DOM

   Show marketing remark (870 chars)

   PRICE REDUCED TO $82,000 - Don't Miss This One! Charm meets value in this beautifully maintained 3-bed, 1-bath brick bungalow in Detroit! From the moment you walk in, you'll be wowed by abundant natural light, and a warm, functional layout connecting the living and dining areas - move-in ready and waiting for its next owner. The surprises keep coming downstairs: a full basement. Step outside to a fantastic fenced backyard, close to Park - ideal for summer entertaining, pets, or simply unwinding after a long day. With a freshly reduced price, motivated sellers, and a location convenient to shopping, dining, and commuter routes, this bungalow checks every box at a price that won't last. - Brick construction - Fenced backyard - Move-in ready Seriously motivated sellers - all offers will be considered. Schedule your showing today before someone else does!

4. 2026-06-17
   days on market $82,000 Active 58 DOM
5. 2026-06-15
   days on market $82,000 Active 56 DOM
6. 2026-06-13
   days on market $82,000 Active 54 DOM
7. 2026-06-13
   days on market $82,000 Active 53 DOM
8. 2026-06-09
   days on market $82,000 Active 50 DOM
9. 2026-06-08
   days on market $82,000 Active 49 DOM
10. 2026-06-07
    days on market $82,000 Active 48 DOM
11. 2026-06-04
    days on market $82,000 Active 45 DOM
12. 2026-06-03
    days on market $82,000 Active 44 DOM
13. 2026-06-02
    days on market $82,000 Active 43 DOM
14. 2026-06-01
    days on market $82,000 Active 42 DOM
15. 2026-05-31
    days on market $82,000 Active 41 DOM
16. 2026-04-20
    price $82,000
17. 2026-04-20
    historical
18. 2026-04-20
    historical
19. 2026-04-20
    price $82,000
20. 2026-04-19
    listed $82,000 Active
21. 2026-04-19
    listed $82,000 Active
22. 2026-01-27
    price $89,900
23. 2026-01-26
    listed $89,900 Active
24. 2026-01-26
    price $89,900
25. 2026-01-26
    listed $89,900 Active
26. 2026-01-26
    historical
27. 2026-01-26
    historical
28. 2025-11-16
    listed $99,900 Active
29. 2025-11-15
    listed $99,900 Active
30. 2025-11-15
    historical
31. 2025-11-15
    historical
32. 2025-10-22
    listed $117,900 Active
33. 2025-10-20
    listed $117,900 Active
34. 2011-11-14
    soldstatus $10,200
35. 2011-11-14
    soldstatus $10,200
36. 2011-09-16
    listed $11,100
37. 2011-09-16
    listed $11,100

ⓘ 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: $844 · $70/mo
• Projected year-2 tax: $1,053 · $88/mo
• Expected delta: +$210/yr (+$17/mo · 24.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 49% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,236
• − Mortgage interest: −$4,593
• − Property taxes: −$844
• − Insurance: −$410
• − Repairs & maintenance: −$1,299
• − Management: −$1,299
• − Depreciation: −$2,385
• Taxable income: $5,406
• Est. tax owed @ 24.0%: −$1,297
• After-tax cash flow: $5,115/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): 32,760
• Household income: $35,322
• Rent vs Own: 47.0% rent · 53.0% own
• Severe rent burden: 2372.0

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 1%
• Common ancestry: Romanian 1%
• Foreign-born: 2% · Canada, Vietnam, Philippines
• Languages at home: 97% English-only · 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: ▼ -44.65%
• Current HPI: 328.8978
• Rent YoY: ▲ 6.72%
• 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

+638.7% since first listed

26 events — show timeline

• 2026-06-18 Listing Removed — MiRealSource-MiMLS
• 2026-06-18 Listed $82,000 REALCOMP
• 2026-06-18 Listed $82,000 MiRealSource-MiMLS
• 2026-06-18 Listing Removed — REALCOMP
• 2026-04-20 Price Changed $82,000 MiRealSource-MiMLS
• 2026-04-20 Listing Removed — REALCOMP
• 2026-04-20 Listing Removed — MiRealSource-MiMLS
• 2026-04-20 Price Changed $82,000 REALCOMP
• 2026-04-19 Listed $82,000 MiRealSource-MiMLS
• 2026-04-19 Listed $82,000 REALCOMP
• 2026-01-27 Price Changed $89,900 MiRealSource-MiMLS
• 2026-01-26 Listed $89,900 REALCOMP
• 2026-01-26 Price Changed $89,900 REALCOMP
• 2026-01-26 Listing Removed — REALCOMP
• 2026-01-26 Listing Removed — MiRealSource-MiMLS
• 2026-01-26 Listed $89,900 MiRealSource-MiMLS
• 2025-11-16 Listed $99,900 REALCOMP
• 2025-11-15 Listing Removed — REALCOMP
• 2025-11-15 Listing Removed — MiRealSource-MiMLS
• 2025-11-15 Listed $99,900 MiRealSource-MiMLS
• 2025-10-22 Listed $117,900 REALCOMP
• 2025-10-20 Listed $117,900 MiRealSource-MiMLS
• 2011-11-14 Sold (MLS) $10,200 MiRealSource-MiMLS
• 2011-11-14 Sold (MLS) $10,200 REALCOMP
• 2011-09-16 Listed $11,100 MiRealSource-MiMLS
• 2011-09-16 Listed $11,100 REALCOMP

Property tax history

-0.4%/yr

Latest (2025): $844 · +0.7% YoY. Source: county tax records.