25973 Southwestern Hwy · Livonia, MI
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.22%
- 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 98°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 B- 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 +24.8/30.0
- ARV discount +15.0/15.0
- DSCR +8.0/10.0
- 1% rule +5.9/10.0
- Livability +3.9/5.0
- Rent growth +3.3/5.0
- Condition / age +2.5/5.0
- Schools +1.8/10.0
- Appreciation +0.0/10.0
$120,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this charming home in Redford—offering an excellent opportunity for first-time buyers or investors alike. Upgrades include new flooring on the main level, fresh paint throughout, bathroom updates, new smoke alarms, blinds, and ceiling fan, updated light fixtures, and new doors on the second floor. Outside, enjoy a fully fenced backyard with a rear deck, fire pit area, and a two-car garage. The concrete driveway was entirely replaced in 2018. Ideally located near multiple golf courses and beautiful parks such as Bell Creek Park, Lola Valley, and Nolar Bend Recreation Area. Whether you are looking for your first home or a reliable rental investment, this property provides great value. Schedule your showing today!
Key facts
- Fresh paint
- New flooring
- Bright living room
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $120k.
Deal economics
- At list price, monthly cash flow is $254 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $120k).
- Recommended offer: $116k (3.0% below list) — sets the bar for market timing.
- Cap rate 8.8% vs local median 4.9% in Livonia — 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 77/100 on livability (#116 in MI, #2,784 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities D, health & safety D, commute F.
- South Redford School District (suburban): math 11% / reading 29% proficiency, ranked #455 of 540 in MI (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Market conditions: Rents rising (+3.2%/yr); 188 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); 95% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $830 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.
Negotiation context
- It's been on market 43 days — a 3% lower offer ($116k) is reasonable based on typical stale-listing flexibility.
- 16 sale attempts since 24y 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 $47k; list at $120k implies a 155% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 43 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1941 — 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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
- 1.09% ✓
- Cap rate
- 8.83%
- Cash-on-cash
- 9.06%
- DSCR
- 1.40
- GRM
- 7.7
CMA / ARV
- ARV (median comp)
- $155,967
- List price
- $120,000
- Delta
- -23.06%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 11756 Berwyn | 0.13mi | 2/1.5 | 930 (+2%) | 2mo | $167,500 | $180 | 87 |
| 12107 Centralia | 0.05mi | 3/1.0 (+1) | 912 (+0%) | 12mo | $112,222 | $123 | 82 |
| 26035 Southwestern Hwy | 0.06mi | 3/1.0 (+1) | 980 (+8%) | 10mo | $156,000 | $159 | 71 |
| 12140 Centralia | 0.08mi | 3/1.0 (+1) | 1,026 (+13%) | 10mo | $153,000 | $149 | 62 |
| 9960 Rockland | 0.58mi | 3/2.0 (+1) | 937 (+3%) | 2mo | $150,000 | $160 | 58 |
| 11319 Tecumseh | 0.65mi | 3/1.0 (+1) | 894 (-2%) | 9mo | $116,500 | $130 | 54 |
| 11757 Eileen | 0.45mi | 3/1.0 (+1) | 1,040 (+14%) | 0mo | $220,000 | $212 | 50 |
| 12770 Leverne | 0.48mi | 3/1.5 (+1) | 1,026 (+13%) | 0mo | $205,000 | $200 | 49 |
| 9964 Norborne | 0.54mi | 3/1.0 (+1) | 1,033 (+14%) | 5mo | $125,900 | $122 | 43 |
| 26068 Fordson Hwy | 0.41mi | 3/1.0 (+1) | 1,033 (+14%) | 12mo | $181,000 | $175 | 43 |
| 9636 Centralia | 0.65mi | 3/1.0 (+1) | 1,043 (+15%) | 4mo | $135,000 | $129 | 37 |
| 9960 Tecumseh | 0.70mi | 3/1.0 (+1) | 820 (-10%) | 10mo | $145,000 | $177 | 37 |
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 · 3.25% rent growth · sell at horizon
- IRR
- -2.3%
- Equity multiple
- 0.91×
- Total profit
- $-2,978
- Equity at exit
- $17,892
- IRR
- 7.6%
- Equity multiple
- 1.58×
- Total profit
- $19,506
- Equity at exit
- $10,375
Cash invested: $33,600 (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 48239
- Rents YoY
- 3.2%
- Active inventory
- 188
- Price-to-rent
- 7.7×
Monthly cashflow live
- Estimated rent
- $1,303 high interval (Pro) →
- Mortgage (P&I)
- −$629
- Tax from tax record
- −$96 /mo · $1,155/yr
- Insurance
- −$50
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$274
- Net cashflow
- $254
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
- $30,000
- Closing costs
- $3,600
- 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 |
|---|---|---|---|---|---|---|---|---|
| 12107 Centralia Redford, MI | 3.0 | 1.0 | 912 | $1,800 | $1.97 | 43d | 1 | 0.08mi |
| 13231 Hemingway Redford, MI | 3.0 | 1.5 | 1074 | $1,700 | $1.58 | 16d | 1 | 0.70mi |
| 12097 Cavell St Livonia, MI | 3.0 | 1.0 | 985 | $1,200 | $1.22 | 2d | 1 | 0.95mi |
| 23851 Fullerton Ave Detroit, MI | 1.0–2.0 | 1.0 | 700 | $999 | $1.43 | 43d | 1 | 1.23mi |
| 23854 Schoolcraft Rd Detroit, MI | 1.0 | 1.0 | 750 | $895 | $1.19 | 43d | 1 | 1.42mi |
| 23850 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 750 | $975 | $1.30 | 43d | 1 | 1.43mi |
| 23844 Schoolcraft Rd Detroit, MI | 1.0 | 1.0 | 750 | $950 | $1.27 | 43d | 1 | 1.43mi |
| 23842 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 750 | $975 | $1.30 | 43d | 1 | 1.43mi |
| 23838 Schoolcraft Rd Unit 210 Detroit, MI | 1.0 | 1.0 | 550 | $695 | $1.26 | 43d | 1 | 1.43mi |
| 23832 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 1.43mi |
| 23846 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 1.43mi |
| 23852 Schoolcraft Rd Detroit, MI | 1.0 | 1.0 | 900 | $950 | $1.06 | 43d | 1 | 1.43mi |
| 23830 Schoolcraft Rd Detroit, MI | 1.0 | 1.0 | 750 | $950 | $1.27 | 43d | 1 | 1.43mi |
| 23848 Schoolcraft Rd Detroit, MI | 1.0 | 1.0 | 750 | $950 | $1.27 | 43d | 1 | 1.43mi |
| 23838 Schoolcraft Rd Unit 211 Detroit, MI | 1.0 | 1.0 | 550 | $845 | $1.54 | 43d | 1 | 1.44mi |
| 23838 Schoolcraft Rd Unit 212 Detroit, MI | 2.0 | 1.0 | 750 | $900 | $1.20 | 43d | 1 | 1.44mi |
| 23838 Schoolcraft Rd Unit 209 Detroit, MI | 2.0 | 1.0 | 750 | $985 | $1.31 | 43d | 1 | 1.44mi |
| 23838 Schoolcraft Rd Unit 109 Detroit, MI | 2.0 | 1.0 | 750 | $845 | $1.13 | 43d | 1 | 1.44mi |
| 23824 Schoolcraft Rd Detroit, MI | 1.0 | 1.0 | 750 | $950 | $1.27 | 43d | 1 | 1.45mi |
| 23834 Schoolcraft Rd Detroit, MI | 1.0 | 1.0 | 750 | $950 | $1.27 | 43d | 1 | 1.45mi |
| 23836 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 1.45mi |
| 23840 Schoolcraft Rd Detroit, MI | 1.0 | 1.0 | 750 | $985 | $1.31 | 43d | 1 | 1.45mi |
| 23826 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 1.45mi |
| 23822 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 1.46mi |
| 23820 Schoolcraft Rd Detroit, MI | 1.0 | 1.0 | 750 | $995 | $1.33 | 43d | 1 | 1.46mi |
| 14081 Dale St Detroit, MI | 2.0 | 1.0 | 900 | $985 | $1.09 | 43d | 1 | 1.46mi |
| 14095 Dale St Detroit, MI | 2.0 | 1.0 | 900 | $900 | $1.00 | 43d | 1 | 1.46mi |
| 14085 Dale St Detroit, MI | 2.0 | 1.0 | 900 | $900 | $1.00 | 43d | 1 | 1.46mi |
| 14089 Dale St Detroit, MI | 2.0 | 1.0 | 900 | $985 | $1.09 | 43d | 1 | 1.46mi |
| 14075 Dale St Detroit, MI | 2.0 | 1.0 | 900 | $985 | $1.09 | 43d | 1 | 1.46mi |
| 14093 Dale St Detroit, MI | 2.0 | 1.0 | 900 | $985 | $1.09 | 43d | 1 | 1.46mi |
| 14079 Dale St Detroit, MI | 2.0 | 1.0 | 900 | $985 | $1.09 | 43d | 1 | 1.46mi |
| 14077 Dale St Detroit, MI | 2.0 | 1.0 | 900 | $985 | $1.09 | 43d | 1 | 1.46mi |
| 14005 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 1.47mi |
| 23816 Schoolcraft Rd Detroit, MI | 1.0 | 1.0 | 750 | $985 | $1.31 | 43d | 1 | 1.47mi |
| 14211 Dale St Detroit, MI | 2.0 | 1.0 | 900 | $985 | $1.09 | 43d | 1 | 1.47mi |
| 23814 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 1.47mi |
| 14207 Dale St Detroit, MI | 2.0 | 1.0 | 900 | $900 | $1.00 | 43d | 1 | 1.47mi |
| 14011 Riverview St Detroit, MI | 1.0 | 1.0 | 750 | $950 | $1.27 | 43d | 1 | 1.47mi |
| 14205 Dale St Detroit, MI | 2.0 | 1.0 | 900 | $985 | $1.09 | 43d | 1 | 1.47mi |
Listing history 47 events
-
2026-06-03statusdays on market $120,000 Pending 43 DOM
-
2026-06-02days on market $120,000 Active 42 DOM
-
2026-06-01days on market $120,000 Active 41 DOM
-
2026-05-31days on market $120,000 Active 40 DOM
-
2026-05-13status Active 737-char remark
Show marketing remark (733 chars)
Welcome to this charming home in Redford - offering an excellent opportunity for first-time buyers or investors alike. Upgrades include new flooring on the main level, fresh paint throughout, bathroom updates, new smoke alarms, blinds, and ceiling fan, updated light fixtures, and new doors on the second floor. Outside, enjoy a fully fenced backyard with a rear deck, fire pit area, and a two-car garage. The concrete driveway was entirely replaced in 2018. Ideally located near multiple golf courses and beautiful parks such as Bell Creek Park, Lola Valley, and Nolar Bend Recreation Area. Whether you are looking for your first home or a reliable rental investment, this property provides great value. Schedule your showing today!
-
2026-05-13status Active 733-char remark
Show marketing remark (733 chars)
Welcome to this charming home in Redford - offering an excellent opportunity for first-time buyers or investors alike. Upgrades include new flooring on the main level, fresh paint throughout, bathroom updates, new smoke alarms, blinds, and ceiling fan, updated light fixtures, and new doors on the second floor. Outside, enjoy a fully fenced backyard with a rear deck, fire pit area, and a two-car garage. The concrete driveway was entirely replaced in 2018. Ideally located near multiple golf courses and beautiful parks such as Bell Creek Park, Lola Valley, and Nolar Bend Recreation Area. Whether you are looking for your first home or a reliable rental investment, this property provides great value. Schedule your showing today!
-
2026-05-11historical Accepting Backup Offers 733-char remark
Show marketing remark (737 chars)
Welcome to this charming home in Redford—offering an excellent opportunity for first-time buyers or investors alike. Upgrades include new flooring on the main level, fresh paint throughout, bathroom updates, new smoke alarms, blinds, and ceiling fan, updated light fixtures, and new doors on the second floor. Outside, enjoy a fully fenced backyard with a rear deck, fire pit area, and a two-car garage. The concrete driveway was entirely replaced in 2018. Ideally located near multiple golf courses and beautiful parks such as Bell Creek Park, Lola Valley, and Nolar Bend Recreation Area. Whether you are looking for your first home or a reliable rental investment, this property provides great value. Schedule your showing today!
-
2026-05-11historical Active Under Contract 737-char remark
Show marketing remark (737 chars)
Welcome to this charming home in Redford—offering an excellent opportunity for first-time buyers or investors alike. Upgrades include new flooring on the main level, fresh paint throughout, bathroom updates, new smoke alarms, blinds, and ceiling fan, updated light fixtures, and new doors on the second floor. Outside, enjoy a fully fenced backyard with a rear deck, fire pit area, and a two-car garage. The concrete driveway was entirely replaced in 2018. Ideally located near multiple golf courses and beautiful parks such as Bell Creek Park, Lola Valley, and Nolar Bend Recreation Area. Whether you are looking for your first home or a reliable rental investment, this property provides great value. Schedule your showing today!
-
2026-04-21$120,000 Active 737-char remark
Show marketing remark (733 chars)
Welcome to this charming home in Redford - offering an excellent opportunity for first-time buyers or investors alike. Upgrades include new flooring on the main level, fresh paint throughout, bathroom updates, new smoke alarms, blinds, and ceiling fan, updated light fixtures, and new doors on the second floor. Outside, enjoy a fully fenced backyard with a rear deck, fire pit area, and a two-car garage. The concrete driveway was entirely replaced in 2018. Ideally located near multiple golf courses and beautiful parks such as Bell Creek Park, Lola Valley, and Nolar Bend Recreation Area. Whether you are looking for your first home or a reliable rental investment, this property provides great value. Schedule your showing today!
-
2026-04-21$120,000 Active 733-char remark
Show marketing remark (733 chars)
Welcome to this charming home in Redford - offering an excellent opportunity for first-time buyers or investors alike. Upgrades include new flooring on the main level, fresh paint throughout, bathroom updates, new smoke alarms, blinds, and ceiling fan, updated light fixtures, and new doors on the second floor. Outside, enjoy a fully fenced backyard with a rear deck, fire pit area, and a two-car garage. The concrete driveway was entirely replaced in 2018. Ideally located near multiple golf courses and beautiful parks such as Bell Creek Park, Lola Valley, and Nolar Bend Recreation Area. Whether you are looking for your first home or a reliable rental investment, this property provides great value. Schedule your showing today!
-
2026-04-21historical
Show marketing remark (733 chars)
Welcome to this charming home in Redford - offering an excellent opportunity for first-time buyers or investors alike. Upgrades include new flooring on the main level, fresh paint throughout, bathroom updates, new smoke alarms, blinds, and ceiling fan, updated light fixtures, and new doors on the second floor. Outside, enjoy a fully fenced backyard with a rear deck, fire pit area, and a two-car garage. The concrete driveway was entirely replaced in 2018. Ideally located near multiple golf courses and beautiful parks such as Bell Creek Park, Lola Valley, and Nolar Bend Recreation Area. Whether you are looking for your first home or a reliable rental investment, this property provides great value. Schedule your showing today!
-
2026-04-21historical
Show marketing remark (733 chars)
Welcome to this charming home in Redford - offering an excellent opportunity for first-time buyers or investors alike. Upgrades include new flooring on the main level, fresh paint throughout, bathroom updates, new smoke alarms, blinds, and ceiling fan, updated light fixtures, and new doors on the second floor. Outside, enjoy a fully fenced backyard with a rear deck, fire pit area, and a two-car garage. The concrete driveway was entirely replaced in 2018. Ideally located near multiple golf courses and beautiful parks such as Bell Creek Park, Lola Valley, and Nolar Bend Recreation Area. Whether you are looking for your first home or a reliable rental investment, this property provides great value. Schedule your showing today!
-
2026-04-08price $125,000
-
2026-04-07price $125,000
-
2026-03-18$130,000 Active
-
2026-03-18$130,000 Active
-
2018-07-30historical
-
2018-07-25status Pending
-
2018-07-25status Pending
-
2018-07-25historical
-
2018-07-03price $82,000
-
2018-07-02price $82,000
-
2018-06-25$87,000 Active
-
2018-06-25$87,000 Active
-
2018-01-11soldstatus $47,000
-
2017-12-22soldstatus $47,000 Sold
-
2017-12-22soldstatus $47,000 Closed
-
2017-11-19status Pending
-
2017-11-18status Pending
-
2017-11-13$45,000 Active
-
2017-11-13$45,000 Active
-
2008-06-12soldstatus $35,500
-
2007-10-25$36,400
-
2005-08-16historical
-
2005-08-08$104,000
-
2004-08-16historical
-
2003-10-03soldstatus $160,000
-
2003-05-12$99,900
-
2003-05-12historical
-
2003-02-10$104,900
-
2003-01-31historical
-
2002-11-12$109,900
-
2002-11-12historical
-
2002-08-02$109,900
-
1997-05-21soldstatus $52,044
-
1994-10-19soldstatus $11,831
-
1994-10-19soldstatus $48,000
ⓘ 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
- $1,155 · $96/mo
- Projected year-2 tax
- $1,502 · $125/mo
- Expected delta
- +$346/yr (+$29/mo · 30.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 4/10 Moderate FEMA zone X (unshaded) · 22% 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 · 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
- $15,633
- − Mortgage interest
- −$6,722
- − Property taxes
- −$1,155
- − Insurance
- −$600
- − Repairs & maintenance
- −$1,251
- − Management
- −$1,251
- − Depreciation
- −$3,491
- Taxable income
- $1,164
- Est. tax owed @ 24.0%
- −$279
- After-tax cash flow
- $2,764/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
- South Redford School District
- NCES district ID
- 2632280
- Math proficiency
- 11% ▼ -9.00%
- Reading proficiency
- 29% ▼ -7.00%
- Median HH income
- $52,775
- Composite
- 18.1/100
- National rank
- #8972
- State rank
- #455 of 540 in MI
Livability — Livonia
- Score
- 77/100
- State rank
- #116
- US rank
- #2784
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Wayne County · 1,562,939 people
- City population
- 56,806
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 36,976
- Household income
- $71,151
- Rent vs Own
- Severe rent burden
- 1052.0
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
- Majority Black (58%)
- Race & ethnicity
- Black 58% White 34% Hispanic / Latino 4% Two or more races 4%
- Common ancestry
- Romanian 7% Slovak 2% Lithuanian 2%
- Foreign-born
- 2% · Canada
- Languages at home
- 96% English-only · Spanish 1% Other Indo-European 1% Arabic 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
- ▼ -202.97%
- Current HPI
- 236.1136
- Rent YoY
- ▲ 3.25%
- 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
+914.3% since first listed43 events — show timeline
- 2026-05-13 Relisted — REALCOMP
- 2026-05-13 Relisted — MiRealSource-MiMLS
- 2026-05-11 Contingent — MiRealSource-MiMLS
- 2026-05-11 Contingent — REALCOMP
- 2026-04-21 Listing Removed — MiRealSource-MiMLS
- 2026-04-21 Listing Removed — REALCOMP
- 2026-04-21 Listed $120,000 MiRealSource-MiMLS
- 2026-04-21 Listed $120,000 REALCOMP
- 2026-04-08 Price Changed $125,000 MiRealSource-MiMLS
- 2026-04-07 Price Changed $125,000 REALCOMP
- 2026-03-18 Listed $130,000 REALCOMP
- 2026-03-18 Listed $130,000 MiRealSource-MiMLS
- 2018-07-30 Listing Removed — REALCOMP
- 2018-07-25 Pending — MiRealSource-MiMLS
- 2018-07-25 Pending — REALCOMP
- 2018-07-25 Listing Removed — MiRealSource-MiMLS
- 2018-07-03 Price Changed $82,000 MiRealSource-MiMLS
- 2018-07-02 Price Changed $82,000 REALCOMP
- 2018-06-25 Listed $87,000 MiRealSource-MiMLS
- 2018-06-25 Listed $87,000 REALCOMP
- 2018-01-11 Sold (Public Records) $47,000 Public Records
- 2017-12-22 Sold (MLS) $47,000 MiRealSource-MiMLS
- 2017-12-22 Sold (MLS) $47,000 REALCOMP
- 2017-11-19 Pending — MiRealSource-MiMLS
- 2017-11-18 Pending — REALCOMP
- 2017-11-13 Listed $45,000 MiRealSource-MiMLS
- 2017-11-13 Listed $45,000 REALCOMP
- 2008-06-12 Sold (MLS) $35,500 REALCOMP
- 2007-10-25 Listed $36,400 REALCOMP
- 2005-08-16 Listing Removed — REALCOMP
- 2005-08-08 Listed $104,000 REALCOMP
- 2004-08-16 Listing Removed — REALCOMP
- 2003-10-03 Sold (Public Records) $160,000 Public Records
- 2003-05-12 Listing Removed — REALCOMP
- 2003-05-12 Listed $99,900 REALCOMP
- 2003-02-10 Listed $104,900 REALCOMP
- 2003-01-31 Listing Removed — REALCOMP
- 2002-11-12 Listing Removed — REALCOMP
- 2002-11-12 Listed $109,900 REALCOMP
- 2002-08-02 Listed $109,900 REALCOMP
- 1997-05-21 Sold (Public Records) $52,044 Public Records
- 1994-10-19 Sold (Public Records) $48,000 Public Records
- 1994-10-19 Sold (Public Records) $11,831 Public Records
Property tax history
-1.1%/yrLatest (2025): $1,155 · -69.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…