19816 Harlow St · Detroit, MI 48235

$75,000

2 bd · 1.0 ba · 1,704 sqft · SingleFamily public records · 16 Days on market

Built 1947 4,792 sqft lot $44/sqft · 20% below area Est $82k · 9% under

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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 +30.0/30.0
• ARV discount +11.4/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.7/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming ranch-style home situated on a nicely shaded lot with great potential throughout. This home features an easy-flow floor plan with a spacious living room and comfortable main-level layout, perfect for everyday living and entertaining. The property includes a large unfinished basement, offering excellent potential for future finishing, additional living space, or a cozy recreation area. Outside, enjoy a generous yard ideal for gatherings, gardening, or relaxing, along with a garage with breezeway for added convenience. Located in the College Heights subdivision, conveniently situated south of Eight Mile and east of Southfield, with easy access to major roadways, shopping, and dining. Available for immediate possession. Property sold as-is. Schedule your private showing today.

Key facts

• Generous yard
• Ranch-style home
• 4,792 sq ft lot

Tags

• RANCH-STYLE HOME
• LARGE UNFINISHED BASEMENT
• GENEROUS YARD
• GARAGE WITH BREEZEWAY
• EASY ACCESS TO MAJOR ROADWAYS

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $569 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $74k (1.5% below list) — sets the bar for market timing.
• Cap rate 15.4% vs local median 10.2% in Detroit — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
• Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.2%/yr); 283 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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 39% of the median local income ($39k/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 $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.2% rent growth), your $21k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($74k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 24y ago; this cycle's ask is 6422% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $73,875 (1.5% below list)

Questions for the listing agent

1. Built in 1947 — 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: 1.72% ✓
• Cap rate: 15.40%
• Cash-on-cash: 32.52%
• DSCR: 2.45
• GRM: 4.9

CMA / ARV

• ARV (median comp): $82,114
• List price: $75,000
• Delta: -8.66%
• 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
19731 Harlow St	0.09mi	3/1.5 (+1)	1,631 (-4%)	3mo	$58,000	$36	79
19463 Gilchrist St	0.22mi	3/2.0 (+1)	1,705 (+0%)	4mo	$72,000	$42	78
16450 Pembroke Ave	0.27mi	3/1.0 (+1)	1,787 (+5%)	6mo	$69,900	$39	69
19486 Asbury Park Park	0.36mi	3/1.0 (+1)	1,600 (-6%)	2mo	$165,000	$103	66
19945 Biltmore St	0.20mi	3/2.5 (+1)	1,849 (+8%)	2mo	$114,900	$62	64
19515 Avon Ave	0.58mi	3/1.0 (+1)	1,700 (-0%)	4mo	$45,000	$26	64
19509 Avon Ave	0.58mi	3/1.0 (+1)	1,700 (-0%)	4mo	$45,000	$26	64
19161 Oakfield St	0.42mi	3/2.0 (+1)	1,608 (-6%)	2mo	$143,000	$89	60
20558 Oakfield St	0.45mi	3/1.0 (+1)	1,927 (+13%)	1mo	$125,000	$65	52
19167 Asbury Park	0.51mi	3/1.5 (+1)	1,934 (+14%)	1mo	$149,000	$77	46
19469 Sunderland Rd	0.71mi	3/2.0 (+1)	1,592 (-7%)	3mo	$175,000	$110	44
20026 Avon Ave	0.56mi	3/2.0 (+1)	1,448 (-15%)	3mo	$110,000	$76	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

5-year hold

• IRR: 27.8%
• Equity multiple: 2.16×
• Total profit: $24,399
• Equity at exit: $11,183

10-year hold

• IRR: 35.5%
• Equity multiple: 4.29×
• Total profit: $69,169
• Equity at exit: $6,485

Cash invested: $21,000 (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 48235

• Rents YoY: 3.2%
• Active inventory: 283
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $1,288 high
• Mortgage (P&I): −$393
• Tax from tax record: −$24 /mo · $290/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$271
• Net cashflow: $569

Break-even live

Break-even rent $568

Max offer price $75,000

Occupancy floor 51%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
19816 Harlow St Detroit, MI	2.0	1.5	1704	$1,150	$0.67	18d	1	0.01mi
20244 Oakfield St Detroit, MI	3.0	1.0	1915	$1,380	$0.72	44d	1	0.32mi
20259 Oakfield St Detroit, MI	3.0	1.0	1056	$1,250	$1.18	17d	1	0.33mi
20200 Ashton Ave Detroit, MI	3.0	1.0	1200	$1,200	$1.00	17d	1	0.37mi
20510 Fenmore St Detroit, MI	3.0	1.0	1194	$1,300	$1.09	2d	1	0.42mi
19503 Mansfield St Detroit, MI	3.0	1.0	1200	$1,350	$1.12	17d	1	0.49mi
18675 Forrer St Detroit, MI	3.0	1.0	1200	$1,225	$1.02	5d	1	0.92mi
18400 Rutherford St Detroit, MI	3.0	1.0	1050	$1,400	$1.33	4d	1	1.01mi
18481 Prest St Detroit, MI	3.0	1.5	1100	$1,300	$1.18	19d	1	1.15mi
18964 Coyle St Detroit, MI	3.0	1.0	1300	$1,350	$1.04	3d	1	1.20mi
19457 Evergreen Rd Detroit, MI	2.0	1.0	1100	$1,200	$1.09	44d	1	1.21mi
16500 N Park Dr Southfield, MI	1.0–3.0	1.0–2.5	1500	$1,844	$1.23	2d	1	1.23mi
17654 Sunderland Rd Detroit, MI	3.0	1.0	1100	$1,500	$1.36	44d	1	1.24mi
17678 Edinborough Rd Detroit, MI	3.0	1.5	1528	$1,650	$1.08	17d	1	1.38mi
17678 Edinborough Rd Detroit, MI	3.0	1.5	1528	$1,650	$1.08	15d	1	1.38mi
17201 Saint Marys St Detroit, MI	2.0	1.0	1200	$1,200	$1.00	3d	1	1.43mi

Listing history 43 events

1. 2026-06-18
   days on market $75,000 Active 16 DOM
2. 2026-06-17
   days on market $75,000 Active 15 DOM
3. 2026-06-15
   days on market $75,000 Active 13 DOM
4. 2026-06-13
   days on market $75,000 Active 11 DOM
5. 2026-06-13
   days on market $75,000 Active 10 DOM
6. 2026-06-09
   days on market $75,000 Active 7 DOM
7. 2026-06-08
   days on market $75,000 Active 6 DOM
8. 2026-06-07
   days on market $75,000 Active 5 DOM
9. 2026-06-04
   days on market $75,000 Active 2 DOM
10. 2026-06-02
    days on marketlisting id $75,000 Active 1 DOM
11. 2026-06-01
    days on market $75,000 Active 145 DOM
12. 2026-05-31
    days on market $75,000 Active 144 DOM
13. 2026-04-14
    listed $1,150
14. 2026-01-07
    listed $75,000 Active 793-char remark

    Show marketing remark (793 chars)

    Charming ranch-style home situated on a nicely shaded lot with great potential throughout. This home features an easy-flow floor plan with a spacious living room and comfortable main-level layout, perfect for everyday living and entertaining. The property includes a large unfinished basement, offering excellent potential for future finishing, additional living space, or a cozy recreation area. Outside, enjoy a generous yard ideal for gatherings, gardening, or relaxing, along with a garage with breezeway for added convenience. Located in the College Heights subdivision, conveniently situated south of Eight Mile and east of Southfield, with easy access to major roadways, shopping, and dining. Available for immediate possession. Property sold as-is. Schedule your private showing today.

15. 2026-01-07
    listed $75,000 Active 793-char remark

    Show marketing remark (793 chars)

    Charming ranch-style home situated on a nicely shaded lot with great potential throughout. This home features an easy-flow floor plan with a spacious living room and comfortable main-level layout, perfect for everyday living and entertaining. The property includes a large unfinished basement, offering excellent potential for future finishing, additional living space, or a cozy recreation area. Outside, enjoy a generous yard ideal for gatherings, gardening, or relaxing, along with a garage with breezeway for added convenience. Located in the College Heights subdivision, conveniently situated south of Eight Mile and east of Southfield, with easy access to major roadways, shopping, and dining. Available for immediate possession. Property sold as-is. Schedule your private showing today.

16. 2022-03-24
    historical
17. 2022-03-24
    historical
18. 2022-02-05
    price $65,000
19. 2022-02-04
    price $65,000
20. 2022-01-25
    listed $75,000 Active
21. 2022-01-25
    listed $75,000 Active
22. 2022-01-06
    historical
23. 2022-01-06
    historical
24. 2021-12-02
    listed $75,000 Active
25. 2021-12-02
    listed $75,000 Active
26. 2021-12-01
    historical
27. 2021-12-01
    historical
28. 2021-09-14
    price $75,000
29. 2021-09-14
    price $75,000
30. 2021-09-02
    listed $85,000 Active
31. 2021-09-02
    listed $85,000 Active
32. 2011-03-31
    historical
33. 2011-03-31
    historical
34. 2010-06-25
    listed $2,500
35. 2010-06-25
    listed $2,500
36. 2008-12-22
    historical
37. 2008-09-22
    listed $39,900
38. 2008-03-12
    soldstatus $66,000
39. 2003-04-14
    historical
40. 2002-10-14
    listed $53,900
41. 1995-12-04
    soldstatus $23,900
42. 1995-10-18
    soldstatus $5,000
43. 1995-06-21
    soldstatus $5,000

ⓘ 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: $290 · $24/mo
• Projected year-2 tax: $723 · $60/mo
• Expected delta: +$432/yr (+$36/mo · 148.9%)

ⓘ 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 2/10 Low 7 d/yr ≥98°F today · 14 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: $15,462
• − Mortgage interest: −$4,201
• − Property taxes: −$290
• − Insurance: −$375
• − Repairs & maintenance: −$1,237
• − Management: −$1,237
• − Depreciation: −$2,182
• Taxable income: $5,940
• Est. tax owed @ 24.0%: −$1,426
• After-tax cash flow: $5,404/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): 45,600
• Household income: $39,265
• Rent vs Own: 46.5% rent · 53.5% own
• Severe rent burden: 3064.0

Population outlook (Wayne County) Hauer SSP2

• Today (2025): 1,675,273 people
• By 2030: 1,620,300 · -3.3%
• By 2040: 1,502,341 · -10.3%
• By 2050: 1,384,039 · -17.4%
• By 2075: 1,124,592 · -32.9%
• By 2100: 881,193 · -47.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (94%)
• Race & ethnicity: Black 94% White 3% Two or more races 2% Hispanic / Latino 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 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: ▼ -153.02%
• Current HPI: 263.6326
• 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

-77.0% since first listed

31 events — show timeline

• 2026-04-14 Listed for Rent $1,150 REDFIN
• 2026-01-07 Listed $75,000 REALCOMP
• 2026-01-07 Listed $75,000 MiRealSource-MiMLS
• 2022-03-24 Listing Removed — REALCOMP
• 2022-03-24 Listing Removed — MiRealSource-MiMLS
• 2022-02-05 Price Changed $65,000 MiRealSource-MiMLS
• 2022-02-04 Price Changed $65,000 REALCOMP
• 2022-01-25 Listed $75,000 MiRealSource-MiMLS
• 2022-01-25 Listed $75,000 REALCOMP
• 2022-01-06 Listing Removed — MiRealSource-MiMLS
• 2022-01-06 Listing Removed — REALCOMP
• 2021-12-02 Listed $75,000 MiRealSource-MiMLS
• 2021-12-02 Listed $75,000 REALCOMP
• 2021-12-01 Listing Removed — MiRealSource-MiMLS
• 2021-12-01 Listing Removed — REALCOMP
• 2021-09-14 Price Changed $75,000 MiRealSource-MiMLS
• 2021-09-14 Price Changed $75,000 REALCOMP
• 2021-09-02 Listed $85,000 MiRealSource-MiMLS
• 2021-09-02 Listed $85,000 REALCOMP
• 2011-03-31 Listing Removed — REALCOMP
• 2011-03-31 Listing Removed — MiRealSource-MiMLS
• 2010-06-25 Listed $2,500 REALCOMP
• 2010-06-25 Listed $2,500 MiRealSource-MiMLS
• 2008-12-22 Listing Removed — REALCOMP
• 2008-09-22 Listed $39,900 REALCOMP
• 2008-03-12 Sold (Public Records) $66,000 Public Records
• 2003-04-14 Listing Removed — REALCOMP
• 2002-10-14 Listed $53,900 REALCOMP
• 1995-12-04 Sold (Public Records) $23,900 Public Records
• 1995-10-18 Sold (Public Records) $5,000 Public Records
• 1995-06-21 Sold (Public Records) $5,000 Public Records

Property tax history

-0.8%/yr

Latest (2025): $290 · +2.1% YoY. Source: county tax records.