27334 Notre Dame St · Inkster, 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 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +18.2/30.0
- ARV discount +7.5/15.0
- DSCR +5.7/10.0
- 1% rule +5.2/10.0
- Livability +3.4/5.0
- Rent growth +3.2/5.0
- Condition / age +2.5/5.0
- Schools +0.7/10.0
- Appreciation +0.0/10.0
$119,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
HURRY!! COME SEE THIS FULLY RENOVATED 2 BEDROOM 1.5 BATHROOM HOME WITH A FULLY FINISHED BASEMENT IN A PRIME LOCATION WITH IMMEDIATE OCCUPANCY. THIS SPACIOUS MODERN GEM OFFERS MANY NEW UPDATES INCLUDING A NEWLY RENOVATED KITCHEN WITH STAINLESS STEEL APPLIANCES, NEW VINYL SIDING, NEW WINDOWS, AND A BEAUTIFULLY RENOVATED BATHROOM! ALSO OFFERING A LARGE BACKYARD WITH A 1 CAR GARAGE AND A NEW GARAGE DOOR. THIS HOME IS NEAR SHOPPING CENTERS, RESTAURANTS, ENTERTAINMENT AND MUCH MORE. DON'T MISS OUT! PROPERTY IS BEING SOLD AS-IS.
Key facts
- 6,534 sq ft lot
- Garage
- Built 1950
Property features AI
Exterior
- Parking: Detached garage with 1 garage space
- Utilities: Public water; Public sewer
- Home design: Single-family residence; One story; Ground-level entry with steps; Vinyl siding
- Construction: Block foundation
- Exterior features: Paved road access; Lot dimensions approximately 49.5 x 135; Lot size about 0.15 acres
Interior
- Kitchen: Stainless steel appliances
- Bedrooms: Total of 4 rooms (bedrooms included in room count)
- Bathrooms: 1 full bathroom; 1 half bathroom
- Heating & cooling: Central air conditioning; Forced air heating (natural gas)
- Interior features: Stainless steel appliances; Finished basement
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 $107 ($1k/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: $113k (6.0% below list) — sets the bar for market timing.
- Cap rate 7.4% vs local median 9.8% in Inkster — 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 67/100 on livability (#406 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D, schools F, crime F.
- Westwood Community School District (suburban): math 6% / reading 11% proficiency, ranked #529 of 540 in MI (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising (+3.0%/yr); 142 active listings in the ZIP; 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 ($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 $829 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 70 days — a 6% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 2y 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 1950 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 70 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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?
- 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?
- 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
- 1.02% ✓
- Cap rate
- 7.36%
- Cash-on-cash
- 3.82%
- DSCR
- 1.17
- GRM
- 8.2
CMA / ARV
- ARV (on-the-fly)
- $72,000
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 27233 New York St | 0.06mi | 2/1.0 | 720 (0%) | 3mo | $85,000 | $118 | 95 |
| 27045 Yale St | 0.20mi | 2/1.0 | 720 (0%) | 0mo | $80,000 | $111 | 90 |
| 27304 New York St | 0.07mi | 2/1.0 | 720 (0%) | 10mo | $55,000 | $76 | 88 |
| 27053 Norfolk St | 0.23mi | 2/1.0 | 720 (0%) | 4mo | $71,500 | $99 | 86 |
| 26641 New York St | 0.42mi | 2/1.0 | 720 (0%) | 5mo | $66,000 | $92 | 77 |
| 3887 Moore Ave | 0.43mi | 2/1.0 | 736 (+2%) | 10mo | $73,000 | $99 | 68 |
| 3414 John Daly St | 0.46mi | 2/1.0 | 720 (0%) | 15mo | $90,000 | $125 | 66 |
| 3512 Hickory St | 0.39mi | 2/1.0 | 782 (+9%) | 4mo | $45,000 | $58 | 64 |
| 3155 Walnut St | 0.48mi | 2/1.0 | 804 (+12%) | 5mo | $116,000 | $144 | 54 |
| 26970 Colgate St | 0.56mi | 2/1.0 | 756 (+5%) | 14mo | $65,000 | $86 | 54 |
| 3616 Spring Hill Ave | 0.74mi | 3/1.0 (+1) | 750 (+4%) | 8mo | $75,000 | $100 | 47 |
| 26511 Trowbridge St | 0.69mi | 2/1.0 | 812 (+13%) | 14mo | $94,000 | $116 | 35 |
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 · 2.95% rent growth · sell at horizon
- IRR
- -10.3%
- Equity multiple
- 0.62×
- Total profit
- $-12,640
- Equity at exit
- $17,877
- IRR
- -1.0%
- Equity multiple
- 0.93×
- Total profit
- $-2,335
- Equity at exit
- $10,367
Cash invested: $33,572 (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 48141
- Home prices YoY
- -2.9%
- Rents YoY
- 3.0%
- Active inventory
- 142
- Price-to-rent
- 8.2×
Monthly cashflow live
- Estimated rent
- $1,223 medium interval (Pro) →
- Mortgage (P&I)
- −$629
- Tax from tax record
- −$181 /mo · $2,169/yr
- Insurance
- −$50
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$257
- Net cashflow
- $107
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
- $29,975
- Closing costs
- $3,597
- 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.
Listing history 34 events
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2026-06-18days on market $119,900 Active 70 DOM
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2026-06-17days on market $119,900 Active 69 DOM
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2026-06-16days on market $119,900 Active 68 DOM
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2026-06-15days on market $119,900 Active 67 DOM
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2026-06-13days on market $119,900 Active 65 DOM
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2026-06-13days on market $119,900 Active 64 DOM
-
2026-06-09days on market $119,900 Active 61 DOM
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2026-06-08days on market $119,900 Active 60 DOM
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2026-06-07days on market $119,900 Active 59 DOM
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2026-06-04days on market $119,900 Active 56 DOM
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2026-06-03days on market $119,900 Active 55 DOM
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2026-06-02days on market $119,900 Active 54 DOM
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2026-06-01days on market $119,900 Active 53 DOM
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2026-05-31days on market $119,900 Active 52 DOM
-
2026-04-29historical Accepting Backup Offers 527-char remark
Show marketing remark (527 chars)
HURRY!! COME SEE THIS FULLY RENOVATED 2 BEDROOM 1.5 BATHROOM HOME WITH A FULLY FINISHED BASEMENT IN A PRIME LOCATION WITH IMMEDIATE OCCUPANCY. THIS SPACIOUS MODERN GEM OFFERS MANY NEW UPDATES INCLUDING A NEWLY RENOVATED KITCHEN WITH STAINLESS STEEL APPLIANCES, NEW VINYL SIDING, NEW WINDOWS, AND A BEAUTIFULLY RENOVATED BATHROOM! ALSO OFFERING A LARGE BACKYARD WITH A 1 CAR GARAGE AND A NEW GARAGE DOOR. THIS HOME IS NEAR SHOPPING CENTERS, RESTAURANTS, ENTERTAINMENT AND MUCH MORE. DON'T MISS OUT! PROPERTY IS BEING SOLD AS-IS.
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2026-04-29historical Active Under Contract
Show marketing remark (527 chars)
HURRY!! COME SEE THIS FULLY RENOVATED 2 BEDROOM 1.5 BATHROOM HOME WITH A FULLY FINISHED BASEMENT IN A PRIME LOCATION WITH IMMEDIATE OCCUPANCY. THIS SPACIOUS MODERN GEM OFFERS MANY NEW UPDATES INCLUDING A NEWLY RENOVATED KITCHEN WITH STAINLESS STEEL APPLIANCES, NEW VINYL SIDING, NEW WINDOWS, AND A BEAUTIFULLY RENOVATED BATHROOM! ALSO OFFERING A LARGE BACKYARD WITH A 1 CAR GARAGE AND A NEW GARAGE DOOR. THIS HOME IS NEAR SHOPPING CENTERS, RESTAURANTS, ENTERTAINMENT AND MUCH MORE. DON'T MISS OUT! PROPERTY IS BEING SOLD AS-IS.
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2026-04-10$119,900 Active
Show marketing remark (527 chars)
HURRY!! COME SEE THIS FULLY RENOVATED 2 BEDROOM 1.5 BATHROOM HOME WITH A FULLY FINISHED BASEMENT IN A PRIME LOCATION WITH IMMEDIATE OCCUPANCY. THIS SPACIOUS MODERN GEM OFFERS MANY NEW UPDATES INCLUDING A NEWLY RENOVATED KITCHEN WITH STAINLESS STEEL APPLIANCES, NEW VINYL SIDING, NEW WINDOWS, AND A BEAUTIFULLY RENOVATED BATHROOM! ALSO OFFERING A LARGE BACKYARD WITH A 1 CAR GARAGE AND A NEW GARAGE DOOR. THIS HOME IS NEAR SHOPPING CENTERS, RESTAURANTS, ENTERTAINMENT AND MUCH MORE. DON'T MISS OUT! PROPERTY IS BEING SOLD AS-IS.
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2026-04-10$119,900 Active 527-char remark
Show marketing remark (527 chars)
HURRY!! COME SEE THIS FULLY RENOVATED 2 BEDROOM 1.5 BATHROOM HOME WITH A FULLY FINISHED BASEMENT IN A PRIME LOCATION WITH IMMEDIATE OCCUPANCY. THIS SPACIOUS MODERN GEM OFFERS MANY NEW UPDATES INCLUDING A NEWLY RENOVATED KITCHEN WITH STAINLESS STEEL APPLIANCES, NEW VINYL SIDING, NEW WINDOWS, AND A BEAUTIFULLY RENOVATED BATHROOM! ALSO OFFERING A LARGE BACKYARD WITH A 1 CAR GARAGE AND A NEW GARAGE DOOR. THIS HOME IS NEAR SHOPPING CENTERS, RESTAURANTS, ENTERTAINMENT AND MUCH MORE. DON'T MISS OUT! PROPERTY IS BEING SOLD AS-IS.
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2026-04-09historical $119,900 527-char remark
Show marketing remark (527 chars)
HURRY!! COME SEE THIS FULLY RENOVATED 2 BEDROOM 1.5 BATHROOM HOME WITH A FULLY FINISHED BASEMENT IN A PRIME LOCATION WITH IMMEDIATE OCCUPANCY. THIS SPACIOUS MODERN GEM OFFERS MANY NEW UPDATES INCLUDING A NEWLY RENOVATED KITCHEN WITH STAINLESS STEEL APPLIANCES, NEW VINYL SIDING, NEW WINDOWS, AND A BEAUTIFULLY RENOVATED BATHROOM! ALSO OFFERING A LARGE BACKYARD WITH A 1 CAR GARAGE AND A NEW GARAGE DOOR. THIS HOME IS NEAR SHOPPING CENTERS, RESTAURANTS, ENTERTAINMENT AND MUCH MORE. DON'T MISS OUT! PROPERTY IS BEING SOLD AS-IS.
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2026-03-16historical
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2026-03-16historical
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2026-02-11price $124,000
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2026-02-11price $124,000
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2026-01-05$127,500 Active
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2026-01-05$127,500 Active
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2026-01-03historical
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2024-10-08historical
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2024-10-08historical
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2024-09-12price $119,900
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2024-09-12price $119,900
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2024-08-12$129,900 Active
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2024-08-12$129,900 Active
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2024-08-11historical
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2024-08-11historical
ⓘ 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
- $2,169 · $181/mo
- Projected year-2 tax
- $2,169 · $181/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 ≥98°F today · 14 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 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
- $14,680
- − Mortgage interest
- −$6,716
- − Property taxes
- −$2,169
- − Insurance
- −$600
- − Repairs & maintenance
- −$1,174
- − Management
- −$1,174
- − Depreciation
- −$3,488
- Taxable loss
- −$641
- Est. tax savings @ 24.0%
- +$154
- After-tax cash flow
- $1,438/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
- Westwood Community School District
- NCES district ID
- 2611640
- Math proficiency
- 6% ▼ -6.00%
- Reading proficiency
- 11% ▼ -6.00%
- Median HH income
- $36,350
- Composite
- 7.06/100
- National rank
- #9967
- State rank
- #529 of 540 in MI
Livability — Inkster
- Score
- 67/100
- State rank
- #406
- US rank
- #11087
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Inkster, MI
- County
- Wayne County · 1,562,939 people
- City population
- 25,428
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 25,428
- Household income
- $39,252
- Rent vs Own
- Severe rent burden
- 1558.0
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 (72%)
- Race & ethnicity
- Black 72% White 17% Two or more races 7% Hispanic / Latino 2% Asian 1%
- Common ancestry
- Romanian 3% Slovak 1% Italian 1%
- Foreign-born
- 5% · Canada, China
- Languages at home
- 92% English-only · Arabic 3% Other Asian/Pacific 1% 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
- ▼ -11.74%
- Current HPI
- 390.2139
- Rent YoY
- ▲ 2.95%
- 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 |
|
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
|
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| Automotive Technology | 1 | $20B |
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Price history
-7.7% since first listed20 events — show timeline
- 2026-04-29 Contingent — MiRealSource-MiMLS
- 2026-04-29 Contingent — REALCOMP
- 2026-04-10 Listed $119,900 REALCOMP
- 2026-04-10 Listed $119,900 MiRealSource-MiMLS
- 2026-04-09 Coming Soon $119,900 MiRealSource-MiMLS
- 2026-03-16 Listing Removed — MiRealSource-MiMLS
- 2026-03-16 Listing Removed — REALCOMP
- 2026-02-11 Price Changed $124,000 MiRealSource-MiMLS
- 2026-02-11 Price Changed $124,000 REALCOMP
- 2026-01-05 Listed $127,500 MiRealSource-MiMLS
- 2026-01-05 Listed $127,500 REALCOMP
- 2026-01-03 Coming Soon — MiRealSource-MiMLS
- 2024-10-08 Listing Removed — MiRealSource-MiMLS
- 2024-10-08 Listing Removed — REALCOMP
- 2024-09-12 Price Changed $119,900 MiRealSource-MiMLS
- 2024-09-12 Price Changed $119,900 REALCOMP
- 2024-08-12 Listed $129,900 MiRealSource-MiMLS
- 2024-08-12 Listed $129,900 REALCOMP
- 2024-08-11 Coming Soon — MiRealSource-MiMLS
- 2024-08-11 Coming Soon — REALCOMP
Property tax history
+4.5%/yrLatest (2025): $2,169 · +62.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…