22501 Kendall St · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 99°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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 +22.6/30.0
- DSCR +7.3/10.0
- 1% rule +6.5/10.0
- ARV discount +5.7/15.0
- Livability +3.7/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$99,500
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
BEAUTIFUL BRICK RANCH WITH EXTENDED MASTER BEDROOM. NUMEROUS UPGRADES AND FRESHLY PAINTED THROUGHOUT. NEW FLOORING THROUGHOUT ENTIRE HOUSE. QUIET/STABLE FAR NORTHWEST DETROIT NEIGHBORHOOD. EXTRA LARGE KITCHEN. BACKYARD WITH NEW SODDING AND LANDSCAPING. MOVE-IN CONDITION! CELEBRATE THE NEW YEAR IN YOUR NEW HOME!!
Key facts
- 5,663 sq ft lot
- Garage
- Built 1952
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $100k.
Deal economics
- At list price, monthly cash flow is $170 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $100k).
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: 158 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 90% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
- This rent runs 31% of the median local income ($45k/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 $688 of loan paydown is wiped out by about $3k 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
- Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
- 5 sale attempts since 18y 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.
Risks & watch-outs
- Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.15% ✓
- Cap rate
- 8.35%
- Cash-on-cash
- 7.33%
- DSCR
- 1.33
- GRM
- 7.2
CMA / ARV
- ARV (on-the-fly)
- $95,608
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 14591 Chatham St | 0.45mi | 3/1.0 | 1,290 (+2%) | 6mo | $131,000 | $102 | 70 |
| 14463 Bramell St | 0.32mi | 3/2.0 | 1,179 (-6%) | 5mo | $140,000 | $119 | 66 |
| 12878 Bramell St | 0.41mi | 3/1.5 | 1,184 (-6%) | 4mo | $155,000 | $131 | 66 |
| 14552 Chatham St | 0.41mi | 3/1.0 | 1,148 (-9%) | 10mo | $73,900 | $64 | 58 |
| 12922 Grayfield St | 0.43mi | 3/1.0 | 1,399 (+11%) | 8mo | $95,000 | $68 | 54 |
| 14828 Lamphere St | 0.56mi | 3/1.0 | 1,311 (+4%) | 16mo | $70,000 | $53 | 53 |
| 12705 Beaverland St | 0.53mi | 3/1.5 | 1,092 (-13%) | 0mo | $63,000 | $58 | 51 |
| 12891 Riverdale Ave | 0.51mi | 4/1.5 (+1) | 1,349 (+7%) | 12mo | $133,000 | $99 | 47 |
| 12930 Riverdale Ave | 0.47mi | 3/1.0 | 1,382 (+10%) | 20mo | $105,000 | $76 | 45 |
| 12784 Dale St | 0.74mi | 3/2.0 | 1,277 (+2%) | 20mo | $130,000 | $102 | 42 |
| 14931 Rockdale St | 0.70mi | 3/1.0 | 1,100 (-13%) | 8mo | $39,900 | $36 | 40 |
| 14418 Bentler St | 0.69mi | 3/1.0 | 1,155 (-8%) | 21mo | $9,000 | $8 | 36 |
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 · 3.0% rent growth · sell at horizon
- IRR
- -5.0%
- Equity multiple
- 0.81×
- Total profit
- $-5,232
- Equity at exit
- $14,836
- IRR
- 4.7%
- Equity multiple
- 1.34×
- Total profit
- $9,599
- Equity at exit
- $8,603
Cash invested: $27,860 (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
ZIP-level market 48223
- Active inventory
- 158
- Price-to-rent
- 7.2×
Monthly cashflow live
- Estimated rent
- $1,147 high interval (Pro) →
- Mortgage (P&I)
- −$522
- Tax from tax record
- −$173 /mo · $2,074/yr
- Insurance
- −$41
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$241
- Net cashflow
- $170
Break-even live
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
- $24,875
- Closing costs
- $2,985
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 14280 Bramell St Detroit, MI | 3.0 | 1.0 | 1100 | $1,500 | $1.36 | 16d | 1 | 0.20mi |
| 22241 Lyndon St Detroit, MI | 3.0 | 1.0 | 960 | $1,100 | $1.15 | 16d | 1 | 0.37mi |
| 23610 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.44mi |
| 23606 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.45mi |
| 23602 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.45mi |
| 23626 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.46mi |
| 23614 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.46mi |
| 23618 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.46mi |
| 14110 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.47mi |
| 14114 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $900 | $1.00 | 20d | 1 | 0.47mi |
| 14096 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $985 | $1.09 | 43d | 1 | 0.47mi |
| 14092 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.47mi |
| 14086 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $900 | $1.00 | 44d | 1 | 0.47mi |
| 14122 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $985 | $1.09 | 43d | 1 | 0.47mi |
| 14126 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $985 | $1.09 | 43d | 1 | 0.47mi |
| 14128 Riverview St Apt 208 Detroit, MI | 2.0 | 1.0 | 900 | $985 | $1.09 | 43d | 1 | 0.47mi |
| 14128 Riverview St Unit 107 Detroit, MI | 2.0 | 1.0 | 900 | $845 | $0.94 | 43d | 1 | 0.47mi |
| 14128 Riverview St Unit 207 Detroit, MI | 2.0 | 1.0 | 900 | $800 | $0.89 | 43d | 1 | 0.47mi |
| 14136 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.47mi |
| 14128 Riverview St Unit 108 Detroit, MI | 2.0 | 1.0 | 900 | $900 | $1.00 | 43d | 1 | 0.47mi |
| 23622 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.48mi |
| 14118 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $900 | $1.00 | 43d | 1 | 0.48mi |
| 23640 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.48mi |
| 23630 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.48mi |
| 23634 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.48mi |
| 23636 Schoolcraft Rd Unit -209 Detroit, MI | 2.0 | 1.0 | 900 | $865 | $0.96 | 43d | 1 | 0.48mi |
| 14132 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $985 | $1.09 | 43d | 1 | 0.48mi |
| 14140 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.48mi |
| 14144 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.49mi |
| 14152 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.49mi |
| 14160 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.49mi |
| 14148 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.49mi |
| 14164 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.49mi |
| 14168 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.49mi |
| 14172 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,350 | $1.50 | 24d | 1 | 0.49mi |
| 14102 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $895 | $0.99 | 43d | 1 | 0.49mi |
| 14192 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.50mi |
| 14188 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $985 | $1.09 | 43d | 1 | 0.50mi |
| 14184 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.50mi |
| 14074 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.50mi |
Listing history 17 events
-
2024-12-17status Pending
-
2024-01-02soldstatus $105,000
-
2023-11-02status Pending 313-char remark
Show marketing remark (313 chars)
BEAUTIFUL BRICK RANCH WITH EXTENDED MASTER BEDROOM. NUMEROUS UPGRADES AND FRESHLY PAINTED THROUGHOUT. NEW FLOORING THROUGHOUT ENTIRE HOUSE. QUIET/STABLE FAR NORTHWEST DETROIT NEIGHBORHOOD. EXTRA LARGE KITCHEN. BACKYARD WITH NEW SODDING AND LANDSCAPING. MOVE-IN CONDITION! CELEBRATE THE NEW YEAR IN YOUR NEW HOME!!
-
2023-11-02status Pending
Show marketing remark (313 chars)
BEAUTIFUL BRICK RANCH WITH EXTENDED MASTER BEDROOM. NUMEROUS UPGRADES AND FRESHLY PAINTED THROUGHOUT. NEW FLOORING THROUGHOUT ENTIRE HOUSE. QUIET/STABLE FAR NORTHWEST DETROIT NEIGHBORHOOD. EXTRA LARGE KITCHEN. BACKYARD WITH NEW SODDING AND LANDSCAPING. MOVE-IN CONDITION! CELEBRATE THE NEW YEAR IN YOUR NEW HOME!!
-
2023-10-28$99,500 Active
Show marketing remark (313 chars)
BEAUTIFUL BRICK RANCH WITH EXTENDED MASTER BEDROOM. NUMEROUS UPGRADES AND FRESHLY PAINTED THROUGHOUT. NEW FLOORING THROUGHOUT ENTIRE HOUSE. QUIET/STABLE FAR NORTHWEST DETROIT NEIGHBORHOOD. EXTRA LARGE KITCHEN. BACKYARD WITH NEW SODDING AND LANDSCAPING. MOVE-IN CONDITION! CELEBRATE THE NEW YEAR IN YOUR NEW HOME!!
-
2023-10-28$99,500 Active 313-char remark
Show marketing remark (313 chars)
BEAUTIFUL BRICK RANCH WITH EXTENDED MASTER BEDROOM. NUMEROUS UPGRADES AND FRESHLY PAINTED THROUGHOUT. NEW FLOORING THROUGHOUT ENTIRE HOUSE. QUIET/STABLE FAR NORTHWEST DETROIT NEIGHBORHOOD. EXTRA LARGE KITCHEN. BACKYARD WITH NEW SODDING AND LANDSCAPING. MOVE-IN CONDITION! CELEBRATE THE NEW YEAR IN YOUR NEW HOME!!
-
2012-07-23soldstatus $10,500 487-char remark
Show marketing remark (487 chars)
HUD HOME. SOLD 'AS IS' BY ELEC BID ONLY. BRICK RANCH FEATURES A LIV RM, DINNG AREA, KITCH, 3 BEDRMS, 1 FULL BATH, BASMNT, & 1-CAR DETCHD GARAGE. RPRS:REPLACE 2 MISSNG/BROKN WINDOWS; TREAT MOLD-LIKE SUBSTNCE; RPLC MSSNG REAR STEP; REPLCE/RPR GUTTRS; REPLC MSSNG DOWNSPOUTS; RPR/RPLC PLUBMNG SYS & LINES. RPLC MSSNG LAUNDRY TUB FAUCET; RPLC/RPR WIRES & ELECT SYS; RPLC/RPR MSSNG FURNCE, THERMO & HVAC SYS. LBP ADDEND. SEE ATT OVERBIDDNG AND ESCROW RPR MLS ADDENDUMS.
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2012-07-23soldstatus $10,500
Show marketing remark (487 chars)
HUD HOME. SOLD 'AS IS' BY ELEC BID ONLY. BRICK RANCH FEATURES A LIV RM, DINNG AREA, KITCH, 3 BEDRMS, 1 FULL BATH, BASMNT, & 1-CAR DETCHD GARAGE. RPRS:REPLACE 2 MISSNG/BROKN WINDOWS; TREAT MOLD-LIKE SUBSTNCE; RPLC MSSNG REAR STEP; REPLCE/RPR GUTTRS; REPLC MSSNG DOWNSPOUTS; RPR/RPLC PLUBMNG SYS & LINES. RPLC MSSNG LAUNDRY TUB FAUCET; RPLC/RPR WIRES & ELECT SYS; RPLC/RPR MSSNG FURNCE, THERMO & HVAC SYS. LBP ADDEND. SEE ATT OVERBIDDNG AND ESCROW RPR MLS ADDENDUMS.
-
2012-06-28historical 487-char remark
Show marketing remark (487 chars)
HUD HOME. SOLD 'AS IS' BY ELEC BID ONLY. BRICK RANCH FEATURES A LIV RM, DINNG AREA, KITCH, 3 BEDRMS, 1 FULL BATH, BASMNT, & 1-CAR DETCHD GARAGE. RPRS:REPLACE 2 MISSNG/BROKN WINDOWS; TREAT MOLD-LIKE SUBSTNCE; RPLC MSSNG REAR STEP; REPLCE/RPR GUTTRS; REPLC MSSNG DOWNSPOUTS; RPR/RPLC PLUBMNG SYS & LINES. RPLC MSSNG LAUNDRY TUB FAUCET; RPLC/RPR WIRES & ELECT SYS; RPLC/RPR MSSNG FURNCE, THERMO & HVAC SYS. LBP ADDEND. SEE ATT OVERBIDDNG AND ESCROW RPR MLS ADDENDUMS.
-
2012-06-28historical
Show marketing remark (487 chars)
HUD HOME. SOLD 'AS IS' BY ELEC BID ONLY. BRICK RANCH FEATURES A LIV RM, DINNG AREA, KITCH, 3 BEDRMS, 1 FULL BATH, BASMNT, & 1-CAR DETCHD GARAGE. RPRS:REPLACE 2 MISSNG/BROKN WINDOWS; TREAT MOLD-LIKE SUBSTNCE; RPLC MSSNG REAR STEP; REPLCE/RPR GUTTRS; REPLC MSSNG DOWNSPOUTS; RPR/RPLC PLUBMNG SYS & LINES. RPLC MSSNG LAUNDRY TUB FAUCET; RPLC/RPR WIRES & ELECT SYS; RPLC/RPR MSSNG FURNCE, THERMO & HVAC SYS. LBP ADDEND. SEE ATT OVERBIDDNG AND ESCROW RPR MLS ADDENDUMS.
-
2012-02-02$11,000 487-char remark
Show marketing remark (487 chars)
HUD HOME. SOLD 'AS IS' BY ELEC BID ONLY. BRICK RANCH FEATURES A LIV RM, DINNG AREA, KITCH, 3 BEDRMS, 1 FULL BATH, BASMNT, & 1-CAR DETCHD GARAGE. RPRS:REPLACE 2 MISSNG/BROKN WINDOWS; TREAT MOLD-LIKE SUBSTNCE; RPLC MSSNG REAR STEP; REPLCE/RPR GUTTRS; REPLC MSSNG DOWNSPOUTS; RPR/RPLC PLUBMNG SYS & LINES. RPLC MSSNG LAUNDRY TUB FAUCET; RPLC/RPR WIRES & ELECT SYS; RPLC/RPR MSSNG FURNCE, THERMO & HVAC SYS. LBP ADDEND. SEE ATT OVERBIDDNG AND ESCROW RPR MLS ADDENDUMS.
-
2012-02-02$11,000
Show marketing remark (487 chars)
HUD HOME. SOLD 'AS IS' BY ELEC BID ONLY. BRICK RANCH FEATURES A LIV RM, DINNG AREA, KITCH, 3 BEDRMS, 1 FULL BATH, BASMNT, & 1-CAR DETCHD GARAGE. RPRS:REPLACE 2 MISSNG/BROKN WINDOWS; TREAT MOLD-LIKE SUBSTNCE; RPLC MSSNG REAR STEP; REPLCE/RPR GUTTRS; REPLC MSSNG DOWNSPOUTS; RPR/RPLC PLUBMNG SYS & LINES. RPLC MSSNG LAUNDRY TUB FAUCET; RPLC/RPR WIRES & ELECT SYS; RPLC/RPR MSSNG FURNCE, THERMO & HVAC SYS. LBP ADDEND. SEE ATT OVERBIDDNG AND ESCROW RPR MLS ADDENDUMS.
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2009-01-20soldstatus $65,000
-
2008-11-14soldstatus $65,000
-
2008-06-08$65,000
-
2004-01-06soldstatus $45,000
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1996-04-24soldstatus $42,000
ⓘ 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
- $2,074 · $173/mo
- Projected year-2 tax
- $2,074 · $173/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ 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 ≥99°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 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
- $13,767
- − Mortgage interest
- −$5,574
- − Property taxes
- −$2,074
- − Insurance
- −$498
- − Repairs & maintenance
- −$1,101
- − Management
- −$1,101
- − Depreciation
- −$2,895
- Taxable income
- $525
- Est. tax owed @ 24.0%
- −$126
- After-tax cash flow
- $1,917/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
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)
- 22,622
- Household income
- $44,512
- Rent vs Own
- Severe rent burden
- 1151.0
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 (86%)
- Race & ethnicity
- Black 86% White 7% Two or more races 5% Hispanic / Latino 2%
- Common ancestry
- Romanian 1% Iranian 1%
- Foreign-born
- 1% · Canada
- Languages at home
- 97% English-only · Spanish 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
- ▼ -303.41%
- Current HPI
- 138.2779
- Rent YoY
- —
- 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
+150.0% since first listed17 events — show timeline
- 2024-12-17 Pending — REALCOMP
- 2024-01-02 Sold (Public Records) $105,000 Public Records
- 2023-11-02 Pending — MiRealSource-MiMLS
- 2023-11-02 Pending — REALCOMP
- 2023-10-28 Listed $99,500 MiRealSource-MiMLS
- 2023-10-28 Listed $99,500 REALCOMP
- 2012-07-23 Sold (MLS) $10,500 MiRealSource-MiMLS
- 2012-07-23 Sold (MLS) $10,500 REALCOMP
- 2012-06-28 Listing Removed — MiRealSource-MiMLS
- 2012-06-28 Listing Removed — REALCOMP
- 2012-02-02 Listed $11,000 MiRealSource-MiMLS
- 2012-02-02 Listed $11,000 REALCOMP
- 2009-01-20 Sold (Public Records) $65,000 Public Records
- 2008-11-14 Sold (MLS) $65,000 REALCOMP
- 2008-06-08 Listed $65,000 REALCOMP
- 2004-01-06 Sold (Public Records) $45,000 Public Records
- 1996-04-24 Sold (Public Records) $42,000 Public Records
Property tax history
+3.1%/yrLatest (2025): $2,074 · -50.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…