19315 Annchester Rd · Detroit, MI 48219

$139,900

3 bd · 1.0 ba · 980 sqft · SingleFamily public records · 44 Days on market

Built 1947 4,356 sqft lot $143/sqft · 87% above area Est $139k · at est.

---

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 +18.3/30.0
• ARV discount +7.1/15.0
• DSCR +5.7/10.0
• 1% rule +4.6/10.0
• Rent growth +4.5/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this beautifully refreshed bungalow in Detroit's Evergreen Park subdivision. Thoughtfully remodeled in 2025, this move-in-ready home offers the perfect blend of classic charm and modern updates. Step inside to find new flooring, fresh paint, and a bright, inviting layout. The updated kitchen and renovated full bathroom provide a clean, modern feel, while the spacious living and dining areas make everyday living comfortable and functional. This home features 3 bedrooms, including a generously sized primary bedroom on the upper level, offering added privacy and flexibility. The partially finished basement expands your living space - perfect for a recreation area, home office, or entertaining. Enjoy outdoor living (in this quiet neighborhood) with a covered front porch and a brand new privacy fence, creating a secure and secluded backyard space ideal for relaxing, pets, or gatherings. With a convenient driveway and low-maintenance lot, this home keeps things simple and practical. 2025 updates include, all new gutters & downspouts, new front siding, 160 ft of new privacy fence. Located near 7 Mile and Evergreen, you'll have easy access to local amenities, shopping, and major roads. Highlights include: Fully remodeled in 2025 New flooring and fresh paint throughout Updated kitchen and bathroom Finished basement for extra living space Brand new privacy fence 3 bedrooms with spacious upper-level primary Move-in ready condition The Vivint Security System is included. The SimpliSafe Security System (current working system) IS NOT INCLUDED Don't miss your opportunity to own a turn-key home at an affordable price - schedule your showing today!

Key facts

• Covered front porch
• New privacy fence
• Renovated bathroom

Tags

• REMODELED KITCHEN
• RENOVATED BATHROOM
• PARTIALLY FINISHED BASEMENT
• COVERED FRONT PORCH
• NEW PRIVACY FENCE
• CONVENIENT DRIVEWAY

Property features AI

Finance

• Other: Lot roughly 40 x 112 (0.1 acre)

Exterior

• Parking: Driveway (no garage)
• Security: Owned security system; Smoke detectors
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One level; Ground-level entry with steps; Brick exterior
• Construction: Brick construction; Block foundation
• Exterior features: Covered porch; Exterior lighting; Paved road access

Interior

• Kitchen: Free-standing gas oven; Free-standing refrigerator
• Bedrooms: 8 total rooms (includes living spaces and bedrooms)
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); No central cooling
• Interior features: Gas water heater; Free-standing gas oven; Free-standing refrigerator; Partially finished basement; Security system owned; Smoke detectors
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $127 ($2k/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 $134k (3.9% below list).
• Recommended offer: $134k (3.9% below list) — sets the bar for 1% rule.
• Cap rate 7.4% vs local median 10.2% in Detroit — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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 (+8.0%/yr); 305 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 37% of the median local income ($44k/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 $967 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 + 8.0% rent growth), your $39k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 44 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 18 sale attempts since 28y 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 $45k; list at $140k implies a 211% 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 $134,432 (3.9% below list)

Questions for the listing agent

1. It's been on market 44 days. Have you received any prior offers? Is the seller open to a 4% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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?
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: 0.96% ✗
• Cap rate: 7.38%
• Cash-on-cash: 3.90%
• DSCR: 1.17
• GRM: 8.7

CMA / ARV

• ARV (median comp): $138,672
• List price: $139,900
• Delta: 0.89%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18555 Edinborough Rd	0.35mi	3/1.0	950 (-3%)	2mo	$70,000	$74	76
19455 Avon Ave	0.49mi	3/1.0	1,023 (+4%)	2mo	$72,000	$70	68
19352 Margareta St	0.36mi	3/1.0	1,060 (+8%)	3mo	$105,000	$99	68
19145 Fielding St	0.45mi	3/1.5	924 (-6%)	1mo	$98,000	$106	67
18631 Margareta St	0.63mi	3/1.0	950 (-3%)	0mo	$62,000	$65	65
19749 Huntington Rd	0.29mi	3/1.5	1,093 (+12%)	0mo	$169,999	$156	65
18452 Shaftsbury Ave	0.51mi	3/1.0	927 (-5%)	4mo	$55,000	$59	64
19333 Grandville Ave	0.18mi	2/1.0 (-1)	851 (-13%)	3mo	$45,000	$53	62
18801 Margareta St	0.60mi	3/1.0	1,045 (+7%)	3mo	$60,000	$57	58
18424 Fielding St	0.63mi	3/1.0	1,100 (+12%)	3mo	$40,000	$36	48
18418 Heyden St	0.53mi	2/1.0 (-1)	865 (-12%)	3mo	$17,000	$20	48
19971 Patton St	0.66mi	2/1.5 (-1)	901 (-8%)	3mo	$54,000	$60	46

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -4.9%
• Equity multiple: 0.81×
• Total profit: $-7,464
• Equity at exit: $20,860

10-year hold

• IRR: 9.8%
• Equity multiple: 1.93×
• Total profit: $36,269
• Equity at exit: $12,096

Cash invested: $39,172 (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 48219

• Home prices YoY: -10.3%
• Rents YoY: 8.0%
• Active inventory: 305
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,344 high
• Mortgage (P&I): −$734
• Tax from tax record: −$143 /mo · $1,715/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$282
• Net cashflow: $127

Break-even live

Break-even rent $1,183

Max offer price $139,900

Occupancy floor 86%

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
19372 Grandville Ave Detroit, MI	2.0	1.5	733	$1,050	$1.43	15d	1	0.22mi
19457 Evergreen Rd Detroit, MI	2.0	1.0	1100	$1,200	$1.09	44d	1	0.22mi
19176 Grandville Ave Detroit, MI	3.0	1.0	941	$1,300	$1.38	5d	1	0.22mi
18699 Shaftsbury Ave Detroit, MI	2.0	1.0	800	$1,000	$1.25	44d	1	0.36mi
18659 Shaftsbury Ave Detroit, MI	3.0	1.0	763	$1,373	$1.80	12d	1	0.39mi
19329 Stahelin Ave Unit 1 Detroit, MI	3.0	1.5	833	$1,250	$1.50	44d	1	0.40mi
18556 Kentfield St Detroit, MI	3.0	1.0	952	$1,250	$1.31	3d	1	0.46mi
18450 Edinborough Rd Detroit, MI	3.0	1.0	1000	$1,500	$1.50	44d	1	0.47mi
19445 Avon Ave Detroit, MI	3.0	1.0	1023	$1,550	$1.52	44d	1	0.48mi
18461 Heyden St Detroit, MI	2.0	1.0	1000	$1,050	$1.05	5d	1	0.52mi
18452 Shaftsbury Ave Detroit, MI	3.0	1.0	927	$1,500	$1.62	17d	1	0.53mi
19781 Fielding St Detroit, MI	3.0	1.0	1000	$1,294	$1.29	5d	1	0.53mi
20011 Avon Ave Detroit, MI	3.0	1.0	1000	$1,200	$1.20	5d	1	0.66mi
20271 Grandville Ave Detroit, MI	3.0	1.0	1010	$1,550	$1.53	24d	1	0.67mi
18191 Heyden St Detroit, MI	2.0	1.0	917	$1,100	$1.20	24d	1	0.67mi
18274 Fielding St Detroit, MI	2.0	1.0	700	$1,200	$1.71	17d	1	0.68mi
18134 Vaughan St Detroit, MI	3.0	1.0	1060	$1,150	$1.08	17d	1	0.70mi
18205 Stout St Detroit, MI	3.0	1.0	901	$1,078	$1.20	24d	1	0.71mi
20068 Faust Ave Detroit, MI	2.0	1.0	750	$1,100	$1.47	24d	1	0.80mi
17654 Sunderland Rd Detroit, MI	3.0	1.0	1100	$1,500	$1.36	44d	1	0.84mi
18437 Trinity St Detroit, MI	3.0	1.0	875	$1,364	$1.56	15d	1	0.86mi
18494 Ashton Ave Detroit, MI	3.0	1.0	1000	$1,600	$1.60	17d	1	0.91mi
19970 Ashton Ave Detroit, MI	3.0	1.0	1000	$1,000	$1.00	44d	1	0.91mi
19918 Southfield Fwy Detroit, MI	3.0	1.0	915	$1,375	$1.50	15d	1	0.95mi
19818 Fenmore St Detroit, MI	3.0	1.0	902	$1,275	$1.41	44d	1	0.97mi
21422 Pembroke Ave Detroit, MI	3.0	1.5	1000	$1,695	$1.70	17d	1	0.99mi
20527 Rosemont Ave Detroit, MI	2.0	2.0	975	$1,528	$1.57	44d	1	1.02mi
20043 Fenmore St Detroit, MI	3.0	1.0	1030	$1,453	$1.41	44d	1	1.04mi
17721 Westbrook St Detroit, MI	4.0	1.0	1040	$1,125	$1.08	24d	1	1.05mi
21434 Karl St Detroit, MI	2.0	1.0	1000	$1,350	$1.35	44d	1	1.09mi
21455 Pickford St Detroit, MI	2.0	1.0	1000	$1,275	$1.27	44d	1	1.09mi
18025 Bentler St Detroit, MI	3.0	1.0	728	$1,250	$1.72	24d	1	1.17mi
21451 Glenco St Detroit, MI	3.0	1.0	1026	$1,400	$1.36	17d	1	1.19mi
20259 Oakfield St Detroit, MI	3.0	1.0	1056	$1,250	$1.18	17d	1	1.21mi
19736 Gilchrist St Detroit, MI	2.0	1.0	696	$995	$1.43	12d	1	1.22mi
18276 Oakfield St Detroit, MI	2.0	1.0	726	$1,175	$1.62	44d	1	1.23mi
21440 Bennett St Detroit, MI	3.0	1.0	1037	$1,394	$1.34	17d	1	1.24mi
20203 Gilchrist St Detroit, MI	3.0	1.0	1031	$1,250	$1.21	5d	1	1.29mi
19928 Houghton St Detroit, MI	3.0	1.0	880	$1,495	$1.70	11d	1	1.32mi
17270 Bentler St Detroit, MI	2.0	1.0	650	$850	$1.31	44d	1	1.32mi

Listing history 50 events

1. 2026-06-18
   days on market $139,900 Active 44 DOM
2. 2026-06-17
   days on market $139,900 Active 43 DOM
3. 2026-06-15
   days on market $139,900 Active 41 DOM
4. 2026-06-13
   days on market $139,900 Active 39 DOM
5. 2026-06-13
   days on market $139,900 Active 38 DOM
6. 2026-06-09
   days on market $139,900 Active 35 DOM
7. 2026-06-08
   days on market $139,900 Active 34 DOM
8. 2026-06-07
   days on market $139,900 Active 33 DOM
9. 2026-06-04
   days on market $139,900 Active 30 DOM
10. 2026-06-03
    days on market $139,900 Active 29 DOM
11. 2026-06-02
    days on market $139,900 Active 28 DOM
12. 2026-06-01
    days on market $139,900 Active 27 DOM

    Show marketing remark (1682 chars)

    Welcome home to this beautifully refreshed bungalow in Detroit's Evergreen Park subdivision. Thoughtfully remodeled in 2025, this move-in-ready home offers the perfect blend of classic charm and modern updates. Step inside to find new flooring, fresh paint, and a bright, inviting layout. The updated kitchen and renovated full bathroom provide a clean, modern feel, while the spacious living and dining areas make everyday living comfortable and functional. This home features 3 bedrooms, including a generously sized primary bedroom on the upper level, offering added privacy and flexibility. The partially finished basement expands your living space - perfect for a recreation area, home office, or entertaining. Enjoy outdoor living (in this quiet neighborhood) with a covered front porch and a brand new privacy fence, creating a secure and secluded backyard space ideal for relaxing, pets, or gatherings. With a convenient driveway and low-maintenance lot, this home keeps things simple and practical. 2025 updates include, all new gutters & downspouts, new front siding, 160 ft of new privacy fence. Located near 7 Mile and Evergreen, you'll have easy access to local amenities, shopping, and major roads. Highlights include: Fully remodeled in 2025 New flooring and fresh paint throughout Updated kitchen and bathroom Finished basement for extra living space Brand new privacy fence 3 bedrooms with spacious upper-level primary Move-in ready condition The Vivint Security System is included. The SimpliSafe Security System (current working system) IS NOT INCLUDED Don't miss your opportunity to own a turn-key home at an affordable price - schedule your showing today!

13. 2026-06-01
    price $139,900 Active 26 DOM

    Show marketing remark (1682 chars)

    Welcome home to this beautifully refreshed bungalow in Detroit's Evergreen Park subdivision. Thoughtfully remodeled in 2025, this move-in-ready home offers the perfect blend of classic charm and modern updates. Step inside to find new flooring, fresh paint, and a bright, inviting layout. The updated kitchen and renovated full bathroom provide a clean, modern feel, while the spacious living and dining areas make everyday living comfortable and functional. This home features 3 bedrooms, including a generously sized primary bedroom on the upper level, offering added privacy and flexibility. The partially finished basement expands your living space - perfect for a recreation area, home office, or entertaining. Enjoy outdoor living (in this quiet neighborhood) with a covered front porch and a brand new privacy fence, creating a secure and secluded backyard space ideal for relaxing, pets, or gatherings. With a convenient driveway and low-maintenance lot, this home keeps things simple and practical. 2025 updates include, all new gutters & downspouts, new front siding, 160 ft of new privacy fence. Located near 7 Mile and Evergreen, you'll have easy access to local amenities, shopping, and major roads. Highlights include: Fully remodeled in 2025 New flooring and fresh paint throughout Updated kitchen and bathroom Finished basement for extra living space Brand new privacy fence 3 bedrooms with spacious upper-level primary Move-in ready condition The Vivint Security System is included. The SimpliSafe Security System (current working system) IS NOT INCLUDED Don't miss your opportunity to own a turn-key home at an affordable price - schedule your showing today!

14. 2026-05-31
    days on market $145,900 Active 26 DOM
15. 2026-05-05
    listed $145,900 Active 1709-char remark

    Show marketing remark (1682 chars)

    Welcome home to this beautifully refreshed bungalow in Detroit's Evergreen Park subdivision. Thoughtfully remodeled in 2025, this move-in-ready home offers the perfect blend of classic charm and modern updates. Step inside to find new flooring, fresh paint, and a bright, inviting layout. The updated kitchen and renovated full bathroom provide a clean, modern feel, while the spacious living and dining areas make everyday living comfortable and functional. This home features 3 bedrooms, including a generously sized primary bedroom on the upper level, offering added privacy and flexibility. The partially finished basement expands your living space - perfect for a recreation area, home office, or entertaining. Enjoy outdoor living (in this quiet neighborhood) with a covered front porch and a brand new privacy fence, creating a secure and secluded backyard space ideal for relaxing, pets, or gatherings. With a convenient driveway and low-maintenance lot, this home keeps things simple and practical. 2025 updates include, all new gutters & downspouts, new front siding, 160 ft of new privacy fence. Located near 7 Mile and Evergreen, you'll have easy access to local amenities, shopping, and major roads. Highlights include: Fully remodeled in 2025 New flooring and fresh paint throughout Updated kitchen and bathroom Finished basement for extra living space Brand new privacy fence 3 bedrooms with spacious upper-level primary Move-in ready condition The Vivint Security System is included. The SimpliSafe Security System (current working system) IS NOT INCLUDED Don't miss your opportunity to own a turn-key home at an affordable price - schedule your showing today!

16. 2026-05-05
    listed $145,900 Active 1682-char remark

    Show marketing remark (1682 chars)

    Welcome home to this beautifully refreshed bungalow in Detroit's Evergreen Park subdivision. Thoughtfully remodeled in 2025, this move-in-ready home offers the perfect blend of classic charm and modern updates. Step inside to find new flooring, fresh paint, and a bright, inviting layout. The updated kitchen and renovated full bathroom provide a clean, modern feel, while the spacious living and dining areas make everyday living comfortable and functional. This home features 3 bedrooms, including a generously sized primary bedroom on the upper level, offering added privacy and flexibility. The partially finished basement expands your living space - perfect for a recreation area, home office, or entertaining. Enjoy outdoor living (in this quiet neighborhood) with a covered front porch and a brand new privacy fence, creating a secure and secluded backyard space ideal for relaxing, pets, or gatherings. With a convenient driveway and low-maintenance lot, this home keeps things simple and practical. 2025 updates include, all new gutters & downspouts, new front siding, 160 ft of new privacy fence. Located near 7 Mile and Evergreen, you'll have easy access to local amenities, shopping, and major roads. Highlights include: Fully remodeled in 2025 New flooring and fresh paint throughout Updated kitchen and bathroom Finished basement for extra living space Brand new privacy fence 3 bedrooms with spacious upper-level primary Move-in ready condition The Vivint Security System is included. The SimpliSafe Security System (current working system) IS NOT INCLUDED Don't miss your opportunity to own a turn-key home at an affordable price - schedule your showing today!

17. 2025-12-23
    historical
18. 2025-12-23
    historical
19. 2025-11-09
    price $134,900
20. 2025-11-08
    price $134,900
21. 2025-10-09
    listed $139,900 Active
22. 2025-10-09
    listed $139,900 Active
23. 2025-07-24
    historical
24. 2025-07-24
    historical
25. 2025-07-08
    price $144,900
26. 2025-07-07
    price $144,900
27. 2025-06-18
    price $148,900
28. 2025-06-17
    price $148,900
29. 2025-06-12
    price $189,900
30. 2025-06-11
    price $189,900
31. 2025-05-21
    price $149,900
32. 2025-05-20
    price $149,900
33. 2025-04-23
    listed $154,900 Active
34. 2025-04-23
    listed $154,900 Active
35. 2025-04-22
    historical
36. 2016-02-29
    soldstatus $45,000
37. 2016-02-29
    soldstatus $45,000
38. 2015-12-17
    listed $47,000
39. 2015-12-17
    listed $47,000
40. 2015-12-12
    historical
41. 2015-12-12
    historical
42. 2015-10-02
    listed $36,000
43. 2015-10-02
    listed $36,000
44. 2013-08-08
    soldstatus $9,500
45. 2013-08-08
    soldstatus $9,500
46. 2013-02-04
    listed $10,700
47. 2013-02-04
    listed $10,700
48. 2008-10-03
    soldstatus $9,000
49. 2008-10-03
    soldstatus $9,000
50. 2008-08-25
    historical

ⓘ 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: $1,715 · $143/mo
• Projected year-2 tax: $1,935 · $161/mo
• Expected delta: +$220/yr (+$18/mo · 12.8%)

ⓘ 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

Taxation est. · year 1

• Rental income: $16,132
• − Mortgage interest: −$7,837
• − Property taxes: −$1,715
• − Insurance: −$700
• − Repairs & maintenance: −$1,291
• − Management: −$1,291
• − Depreciation: −$4,070
• Taxable loss: −$770
• Est. tax savings @ 24.0%: +$185
• After-tax cash flow: $1,711/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): 47,208
• Household income: $43,655
• Rent vs Own: 45.1% rent · 54.9% own
• Severe rent burden: 3584.0

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 (88%)
• Race & ethnicity: Black 88% White 5% Two or more races 4% Hispanic / Latino 1%
• Common ancestry: Romanian 1% Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 1% 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: ▼ -65.06%
• Current HPI: 563.3263
• Rent YoY: ▲ 8.04%
• 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

+126.0% since first listed

51 events — show timeline

• 2026-06-01 Price Changed $139,900 MiRealSource-MiMLS
• 2026-06-01 Price Changed $139,900 REALCOMP
• 2026-05-05 Listed $145,900 REALCOMP
• 2026-05-05 Listed $145,900 MiRealSource-MiMLS
• 2025-12-23 Listing Removed — MiRealSource-MiMLS
• 2025-12-23 Listing Removed — REALCOMP
• 2025-11-09 Price Changed $134,900 MiRealSource-MiMLS
• 2025-11-08 Price Changed $134,900 REALCOMP
• 2025-10-09 Listed $139,900 REALCOMP
• 2025-10-09 Listed $139,900 MiRealSource-MiMLS
• 2025-07-24 Listing Removed — MiRealSource-MiMLS
• 2025-07-24 Listing Removed — REALCOMP
• 2025-07-08 Price Changed $144,900 MiRealSource-MiMLS
• 2025-07-07 Price Changed $144,900 REALCOMP
• 2025-06-18 Price Changed $148,900 MiRealSource-MiMLS
• 2025-06-17 Price Changed $148,900 REALCOMP
• 2025-06-12 Price Changed $189,900 MiRealSource-MiMLS
• 2025-06-11 Price Changed $189,900 REALCOMP
• 2025-05-21 Price Changed $149,900 MiRealSource-MiMLS
• 2025-05-20 Price Changed $149,900 REALCOMP
• 2025-04-23 Listed $154,900 MiRealSource-MiMLS
• 2025-04-23 Listed $154,900 REALCOMP
• 2025-04-22 Coming Soon — MiRealSource-MiMLS
• 2016-02-29 Sold (MLS) $45,000 MiRealSource-MiMLS
• 2016-02-29 Sold (MLS) $45,000 REALCOMP
• 2015-12-17 Listed $47,000 MiRealSource-MiMLS
• 2015-12-17 Listed $47,000 REALCOMP
• 2015-12-12 Listing Removed — MiRealSource-MiMLS
• 2015-12-12 Listing Removed — REALCOMP
• 2015-10-02 Listed $36,000 MiRealSource-MiMLS
• 2015-10-02 Listed $36,000 REALCOMP
• 2013-08-08 Sold (MLS) $9,500 REALCOMP
• 2013-08-08 Sold (MLS) $9,500 MiRealSource-MiMLS
• 2013-02-04 Listed $10,700 REALCOMP
• 2013-02-04 Listed $10,700 MiRealSource-MiMLS
• 2008-10-03 Sold (MLS) $9,000 REALCOMP
• 2008-10-03 Sold (MLS) $9,000 MiRealSource-MiMLS
• 2008-08-25 Listing Removed — MiRealSource-MiMLS
• 2008-07-26 Listed $9,900 REALCOMP
• 2008-07-26 Listed $9,900 MiRealSource-MiMLS
• 2003-06-23 Listing Removed — REALCOMP
• 2003-05-20 Listed $110,000 REALCOMP
• 2002-11-07 Sold (Public Records) $57,500 Public Records
• 2002-05-23 Sold (MLS) $57,500 REALCOMP
• 2002-03-29 Listing Removed — REALCOMP
• 2002-01-10 Listed $75,900 REALCOMP
• 2002-01-10 Listed $67,500 REALCOMP
• 2001-01-08 Sold (Public Records) $59,853 Public Records
• 2000-04-07 Sold (Public Records) $67,000 Public Records
• 1999-01-14 Listing Removed — REALCOMP
• 1998-08-17 Listed $61,900 REALCOMP

Property tax history

+5.1%/yr

Latest (2025): $1,715 · +0.7% YoY. Source: county tax records.