17346 Common Rd · Roseville, MI 48066

$229,900

3 bd · 2.5 ba · 1,845 sqft · SingleFamily public records · 12 Days on market

Built 1939 0.54 ac lot $125/sqft · at area comps Est $230k · at est.

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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 +25.7/30.0
• DSCR +8.6/10.0
• ARV discount +7.6/15.0
• 1% rule +6.3/10.0
• Livability +3.6/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 17346 Common Road, a rare find offering space, comfort, and versatility! Only 0.6 miles from Rotary Park and it's walking trails, playground, and new splash pad. This 3-bedroom, 2.5 bath home boasts 1,845 square feet, making it larger than most homes in the area and providing plenty of room to spread out. Step inside to a spacious enclosed porch, perfect for a functional mudroom or cozy reading nook. The main level features a comfortable living room and bedrooms with newer carpeting, creating a warm and inviting feel throughout. The kitchen offers generous cabinet space and room to cook, gather, and entertain. Upstairs, you’ll find a massive private suite complete with its own full bathroom and two door walls that open to a composite deck balcony. It’s the perfect retreat for a primary bedroom, guest space, or even a home office setup. The oversized attached garage is a bonus, featuring its own furnace and a brand-new garage door (2025), ideal for year-round use, hobbies, or extra storage. Situated on an oversized lot of over half an acre, this property provides ample outdoor space for entertaining, gardening, or simply enjoying the extra privacy. With its generous layout, unique features, and expansive lot, this home offers incredible value and opportunity! Conveniently located by I696, I94 and Roseville city services.

Key facts

• Attached garage
• Enclosed porch
• Private suite

Tags

• ENCLOSED PORCH
• PRIVATE SUITE
• COMPOSITE DECK BALCONY
• OVERSIZED LOT
• ATTACHED GARAGE

Property features AI

Finance

• HOA & community: Homeowners association present

Exterior

• Parking: Attached 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One-and-a-half story
• Construction: Aluminum siding
• Exterior features: Lot approximately 130 x 182 (0.54 acre)

Interior

• Kitchen: Oven; Range; Refrigerator
• Bathrooms: Two full bathrooms; One half bathroom
• Heating & cooling: Natural gas heating; Steam heating; Window air conditioning units
• Interior features: Gas water heater; Crawl space basement; Six total rooms
• Laundry & utility: Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $553 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $230k).
• Cap rate 9.2% vs local median 6.0% in Roseville — 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 72/100 on livability (#258 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D+, employment D, schools F.
• Roseville Community Schools (suburban): math 11% / reading 24% proficiency, ranked #483 of 540 in MI (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 265 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 1,321 units permitted in Macomb County in 2024 (86 in 5+ unit buildings).
• At $2,608/mo this rent would consume 50% of the median local household income ($62k/yr) (locally 1712% 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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Macomb County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 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.
• Current owner paid $20k; list at $230k implies a 1050% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1939 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $229,900

Questions for the listing agent

1. Built in 1939 — 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: 1.13% ✓
• Cap rate: 9.18%
• Cash-on-cash: 10.31%
• DSCR: 1.46
• GRM: 7.3

CMA / ARV

• ARV (median comp): $230,443
• List price: $229,900
• Delta: -0.24%
• 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
29590 Dembs Dr	0.26mi	3/1.0	1,864 (+1%)	5mo	$195,000	$105	76
29116 Dembs St	0.43mi	3/1.5	1,849 (+0%)	0mo	$210,000	$114	75
29940 John J St	0.62mi	3/2.0	1,809 (-2%)	1mo	$192,000	$106	65
29940 Commonwealth St	0.18mi	3/1.5	2,085 (+13%)	2mo	$246,000	$118	64
29581 Rosemont St	0.18mi	3/1.5	2,086 (+13%)	3mo	$205,000	$98	64
28637 Bohn St	0.69mi	3/1.0	1,845 (0%)	3mo	$187,000	$101	59
28859 Floral St	0.58mi	3/1.5	1,938 (+5%)	4mo	$204,000	$105	57
30534 Spybrook St	0.70mi	3/1.0	1,800 (-2%)	1mo	$216,500	$120	57
16804 E 12 Mile Rd E	0.59mi	3/1.0	2,016 (+9%)	5mo	$218,000	$108	47
28627 Maple St	0.71mi	3/1.0	1,680 (-9%)	1mo	$169,900	$101	46
16115 Yew St	0.73mi	3/2.0	1,621 (-12%)	0mo	$245,000	$151	44
30061 Park St	0.72mi	3/2.0	1,575 (-15%)	3mo	$209,000	$133	38

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 · 0.39% rent growth · sell at horizon

5-year hold

• IRR: -3.7%
• Equity multiple: 0.86×
• Total profit: $-8,727
• Equity at exit: $34,279

10-year hold

• IRR: 2.9%
• Equity multiple: 1.18×
• Total profit: $11,702
• Equity at exit: $19,878

Cash invested: $64,372 (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 48066

• Rents YoY: 0.4%
• Active inventory: 265
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $2,608 medium
• Mortgage (P&I): −$1,206
• Tax from tax record: −$206 /mo · $2,475/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$548
• Net cashflow: $553

Break-even live

Break-even rent $1,908

Max offer price $229,900

Occupancy floor 74%

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: $57,475
• Closing costs: $6,897
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
29669 Utica Rd Roseville, MI	3.0	1.0	2320	$2,000	$0.86	14d	1	0.30mi
28232 Floral St Unit 1032343P Roseville, MI	3.0	1.0	1496	$6,605	$4.42	12d	1	0.85mi
15175 Raphael Ter Warren, MI	3.0	1.5	1250	$1,600	$1.28	12d	1	1.32mi

Listing history 11 events

1. 2026-06-13
   statusdays on market $229,900 Pending 12 DOM
2. 2026-06-09
   days on market $229,900 Active 11 DOM
3. 2026-06-08
   days on market $229,900 Active 10 DOM
4. 2026-06-07
   statusdays on market $229,900 Active 9 DOM
5. 2026-05-12
   status Pending 1352-char remark

   Show marketing remark (1364 chars)

   Welcome to 17346 Common Road, a rare find offering space, comfort, and versatility! Only 0.6 miles from Rotary Park and it's walking trails, playground, and new splash pad. This 3-bedroom, 2.5 bath home boasts 1,845 square feet, making it larger than most homes in the area and providing plenty of room to spread out. Step inside to a spacious enclosed porch, perfect for a functional mudroom or cozy reading nook. The main level features a comfortable living room and bedrooms with newer carpeting, creating a warm and inviting feel throughout. The kitchen offers generous cabinet space and room to cook, gather, and entertain. Upstairs, you’ll find a massive private suite complete with its own full bathroom and two door walls that open to a composite deck balcony. It’s the perfect retreat for a primary bedroom, guest space, or even a home office setup. The oversized attached garage is a bonus, featuring its own furnace and a brand-new garage door (2025), ideal for year-round use, hobbies, or extra storage. Situated on an oversized lot of over half an acre, this property provides ample outdoor space for entertaining, gardening, or simply enjoying the extra privacy. With its generous layout, unique features, and expansive lot, this home offers incredible value and opportunity! Conveniently located by I696, I94 and Roseville city services.

6. 2026-05-12
   status Pending 1364-char remark

   Show marketing remark (1364 chars)

   Welcome to 17346 Common Road, a rare find offering space, comfort, and versatility! Only 0.6 miles from Rotary Park and it's walking trails, playground, and new splash pad. This 3-bedroom, 2.5 bath home boasts 1,845 square feet, making it larger than most homes in the area and providing plenty of room to spread out. Step inside to a spacious enclosed porch, perfect for a functional mudroom or cozy reading nook. The main level features a comfortable living room and bedrooms with newer carpeting, creating a warm and inviting feel throughout. The kitchen offers generous cabinet space and room to cook, gather, and entertain. Upstairs, you’ll find a massive private suite complete with its own full bathroom and two door walls that open to a composite deck balcony. It’s the perfect retreat for a primary bedroom, guest space, or even a home office setup. The oversized attached garage is a bonus, featuring its own furnace and a brand-new garage door (2025), ideal for year-round use, hobbies, or extra storage. Situated on an oversized lot of over half an acre, this property provides ample outdoor space for entertaining, gardening, or simply enjoying the extra privacy. With its generous layout, unique features, and expansive lot, this home offers incredible value and opportunity! Conveniently located by I696, I94 and Roseville city services.

7. 2026-05-06
   listed $229,900 Active 1352-char remark

   Show marketing remark (1364 chars)

   Welcome to 17346 Common Road, a rare find offering space, comfort, and versatility! Only 0.6 miles from Rotary Park and it's walking trails, playground, and new splash pad. This 3-bedroom, 2.5 bath home boasts 1,845 square feet, making it larger than most homes in the area and providing plenty of room to spread out. Step inside to a spacious enclosed porch, perfect for a functional mudroom or cozy reading nook. The main level features a comfortable living room and bedrooms with newer carpeting, creating a warm and inviting feel throughout. The kitchen offers generous cabinet space and room to cook, gather, and entertain. Upstairs, you’ll find a massive private suite complete with its own full bathroom and two door walls that open to a composite deck balcony. It’s the perfect retreat for a primary bedroom, guest space, or even a home office setup. The oversized attached garage is a bonus, featuring its own furnace and a brand-new garage door (2025), ideal for year-round use, hobbies, or extra storage. Situated on an oversized lot of over half an acre, this property provides ample outdoor space for entertaining, gardening, or simply enjoying the extra privacy. With its generous layout, unique features, and expansive lot, this home offers incredible value and opportunity! Conveniently located by I696, I94 and Roseville city services.

8. 2026-05-06
   listed $229,900 Active 1364-char remark

   Show marketing remark (1364 chars)

   Welcome to 17346 Common Road, a rare find offering space, comfort, and versatility! Only 0.6 miles from Rotary Park and it's walking trails, playground, and new splash pad. This 3-bedroom, 2.5 bath home boasts 1,845 square feet, making it larger than most homes in the area and providing plenty of room to spread out. Step inside to a spacious enclosed porch, perfect for a functional mudroom or cozy reading nook. The main level features a comfortable living room and bedrooms with newer carpeting, creating a warm and inviting feel throughout. The kitchen offers generous cabinet space and room to cook, gather, and entertain. Upstairs, you’ll find a massive private suite complete with its own full bathroom and two door walls that open to a composite deck balcony. It’s the perfect retreat for a primary bedroom, guest space, or even a home office setup. The oversized attached garage is a bonus, featuring its own furnace and a brand-new garage door (2025), ideal for year-round use, hobbies, or extra storage. Situated on an oversized lot of over half an acre, this property provides ample outdoor space for entertaining, gardening, or simply enjoying the extra privacy. With its generous layout, unique features, and expansive lot, this home offers incredible value and opportunity! Conveniently located by I696, I94 and Roseville city services.

9. 1994-01-31
   soldstatus $20,000
10. 1994-01-31
    soldstatus $69,900
11. 1989-12-06
    soldstatus $60,000

ⓘ 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: $2,475 · $206/mo
• Projected year-2 tax: $3,008 · $251/mo
• Expected delta: +$533/yr (+$44/mo · 21.5%)

ⓘ 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 1/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,299
• − Mortgage interest: −$12,878
• − Property taxes: −$2,475
• − Insurance: −$1,150
• − Repairs & maintenance: −$2,504
• − Management: −$2,504
• − Depreciation: −$6,688
• Taxable income: $3,101
• Est. tax owed @ 24.0%: −$744
• After-tax cash flow: $5,890/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: Roseville Community Schools
• NCES district ID: 2630210
• Math proficiency: 11% ▼ -8.00%
• Reading proficiency: 24% ▼ -7.00%
• Median HH income: $41,590
• Composite: 14.98/100
• National rank: #9363
• State rank: #483 of 540 in MI

Livability — Roseville

• Score: 72/100
• State rank: #258
• US rank: #6400

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Roseville, MI
• County: Macomb County · 638,552 people
• City population: 47,123
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 47,123
• Household income: $62,182
• Rent vs Own: 34.4% rent · 65.6% own
• Severe rent burden: 1712.0

Population outlook (Macomb County) Hauer SSP2

• Today (2025): 925,296 people
• By 2030: 948,226 · +2.5%
• By 2040: 983,961 · +6.3%
• By 2050: 1,010,200 · +9.2%
• By 2075: 1,076,222 · +16.3%
• By 2100: 1,077,065 · +16.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (65%)
• Race & ethnicity: White 65% Black 23% Two or more races 7% Hispanic / Latino 4% Asian 2%
• Common ancestry: Romanian 12% Lithuanian 4% Slovak 2%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 2% Russian/Polish/Slavic 1% Other Indo-European 1%

Political lean MEDSL · Macomb

• 2024 margin: R (+13.7) · D 42.2% · R 55.9% · Other 1.9%
• 2008→2024 swing: -22.3pp toward R · 2008: 8.6pp · 2024: -13.7pp
• All cycles: 2024: R+13.7 2020: R+8.1 2016: R+11.6 2012: D+4.0 2008: D+8.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -232.95%
• Current HPI: 217.4171
• Rent YoY: ▲ 0.39%
• 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

+283.2% since first listed

11 events — show timeline

• 2026-06-10 Pending — REALCOMP
• 2026-06-10 Pending — MiRealSource-MiMLS
• 2026-06-04 Relisted — REALCOMP
• 2026-06-04 Relisted — MiRealSource-MiMLS
• 2026-05-12 Pending — REALCOMP
• 2026-05-12 Pending — MiRealSource-MiMLS
• 2026-05-06 Listed $229,900 REALCOMP
• 2026-05-06 Listed $229,900 MiRealSource-MiMLS
• 1994-01-31 Sold (Public Records) $69,900 Public Records
• 1994-01-31 Sold (Public Records) $20,000 Public Records
• 1989-12-06 Sold (Public Records) $60,000 Public Records

Property tax history

+3.7%/yr

Latest (2025): $2,475 · +4.3% YoY. Source: county tax records.