22327 Wick Rd · Taylor, MI 48180

$169,900

3 bd · 1.0 ba · 1,375 sqft · SingleFamily public records · 161 Days on market

Built 1953 7,841 sqft lot $124/sqft · 15% below area Est $199k · 15% 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 +26.1/30.0
• ARV discount +14.1/15.0
• DSCR +8.8/10.0
• 1% rule +7.3/10.0
• Livability +3.8/5.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this inviting 3-bedroom ranch in beautiful Taylor! Step inside to an open floor plan that seamlessly connects the spacious living room to the kitchen - perfect for staying engaged with guests while preparing meals. Down the hall, you'll find three generous bedrooms, including an extra-large primary bedroom that offers incredible versatility as a private retreat, home office, or additional entertainment space. Fresh paint, hardwood flooring, a large fenced yard, and a mechanic's garage add to the home's appeal. Major updates include: roof (2014), water heater (2023), AC installation (2022), and a beautifully remodeled bathroom (2023). Don't miss your chance to make this well-maintained home yours - schedule your tour today!

Key facts

• 7,841 sq ft lot
• 2 garage spots
• Built 1953

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $428 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $150k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.3% vs local median 5.4% in Taylor — 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 76/100 on livability (#144 in MI, #3,684 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, schools F, crime F.
• Taylor School District (urban): math 14% / reading 27% proficiency, ranked #462 of 540 in MI (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.9%/yr); 281 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); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 41% of the median local income ($61k/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 $1k of loan paydown is wiped out by about $5k 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 + 4.9% rent growth), your $48k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 161 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 21 sale attempts since 26y 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 1953 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $149,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 161 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
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: 1.23% ✓
• Cap rate: 9.32%
• Cash-on-cash: 10.81%
• DSCR: 1.48
• GRM: 6.8

CMA / ARV

• ARV (median comp): $199,313
• List price: $169,900
• Delta: -14.76%
• 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
23319 Haig St	0.42mi	3/1.5	1,350 (-2%)	4mo	$175,000	$130	72
9228 Mueller St	0.25mi	3/2.0	1,495 (+9%)	1mo	$225,000	$151	69
8411 Monroe Blvd	0.50mi	3/1.0	1,424 (+4%)	3mo	$200,000	$140	69
8944 William St	0.43mi	3/1.5	1,468 (+7%)	1mo	$150,300	$102	66
9223 Roosevelt St	0.17mi	3/2.0	1,200 (-13%)	4mo	$219,000	$183	64
8435 Clippert St	0.61mi	3/1.0	1,455 (+6%)	0mo	$180,000	$124	61
9814 Cass Ave	0.41mi	3/2.0	1,495 (+9%)	3mo	$255,000	$171	60
8018 Monroe Blvd	0.66mi	3/1.0	1,457 (+6%)	1mo	$165,000	$113	58
22150 Haig St	0.30mi	3/1.5	1,569 (+14%)	4mo	$144,500	$92	57
20945 Millard St	0.72mi	3/1.0	1,323 (-4%)	5mo	$175,000	$132	56
8818 Clippert St	0.51mi	4/1.0 (+1)	1,249 (-9%)	2mo	$190,000	$152	54
8129 Clippert St	0.73mi	4/1.5 (+1)	1,317 (-4%)	2mo	$205,000	$156	50

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 · 4.9% rent growth · sell at horizon

5-year hold

• IRR: 2.1%
• Equity multiple: 1.08×
• Total profit: $3,884
• Equity at exit: $25,333

10-year hold

• IRR: 13.5%
• Equity multiple: 2.18×
• Total profit: $56,107
• Equity at exit: $14,690

Cash invested: $47,572 (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

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48180

• Rents YoY: 4.9%
• Active inventory: 281
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $2,087 medium
• Mortgage (P&I): −$891
• Tax from tax record: −$258 /mo · $3,100/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$438
• Net cashflow: $428

Break-even live

Break-even rent $1,544

Max offer price $169,900

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9651 Blaty St Taylor, MI	3.0	2.0	1695	$2,500	$1.47	17d	1	0.30mi
24268 Haskell St Taylor, MI	1.0–2.0	1.0	880	$1,565	$1.78	2d	8	1.03mi
9918 Allen Pointe Dr Allen Park, MI	1.0–2.0	1.0–2.0	678	$1,125	$1.66	12d	1	1.30mi

Listing history 50 events

1. 2026-06-18
   days on market $169,900 Active 161 DOM
2. 2026-06-17
   days on market $169,900 Active 160 DOM
3. 2026-06-16
   days on market $169,900 Active 159 DOM
4. 2026-06-15
   days on market $169,900 Active 158 DOM
5. 2026-06-13
   days on market $169,900 Active 156 DOM
6. 2026-06-13
   days on market $169,900 Active 155 DOM
7. 2026-06-09
   days on market $169,900 Active 152 DOM
8. 2026-06-08
   days on market $169,900 Active 151 DOM
9. 2026-06-07
   days on market $169,900 Active 150 DOM
10. 2026-06-04
    days on market $169,900 Active 147 DOM
11. 2026-06-03
    days on market $169,900 Active 146 DOM
12. 2026-06-02
    days on market $169,900 Active 145 DOM
13. 2026-06-01
    days on market $169,900 Active 144 DOM
14. 2026-05-31
    days on market $169,900 Active 143 DOM
15. 2026-01-09
    listed $169,900 Active 748-char remark

    Show marketing remark (780 chars)

    Welcome home to this inviting 3-bedroom ranch in beautiful Taylor! Step inside to an open floor plan that seamlessly connects the spacious living room to the kitchen—perfect for staying engaged with guests while preparing meals. Down the hall, you’ll find three generous bedrooms, including an extra-large primary bedroom that offers incredible versatility as a private retreat, home office, or additional entertainment space. Fresh paint, hardwood flooring, a large fenced yard, and a mechanic’s garage add to the home’s appeal. Major updates include: roof (2014), water heater (2023), AC installation (2022), and a beautifully remodeled bathroom (2023). Don’t miss your chance to make this well-maintained home yours—schedule your tour today!

16. 2026-01-09
    listed $169,900 Active 780-char remark

    Show marketing remark (780 chars)

    Welcome home to this inviting 3-bedroom ranch in beautiful Taylor! Step inside to an open floor plan that seamlessly connects the spacious living room to the kitchen—perfect for staying engaged with guests while preparing meals. Down the hall, you’ll find three generous bedrooms, including an extra-large primary bedroom that offers incredible versatility as a private retreat, home office, or additional entertainment space. Fresh paint, hardwood flooring, a large fenced yard, and a mechanic’s garage add to the home’s appeal. Major updates include: roof (2014), water heater (2023), AC installation (2022), and a beautifully remodeled bathroom (2023). Don’t miss your chance to make this well-maintained home yours—schedule your tour today!

17. 2026-01-05
    historical $169,900 748-char remark

    Show marketing remark (748 chars)

    Welcome home to this inviting 3-bedroom ranch in beautiful Taylor! Step inside to an open floor plan that seamlessly connects the spacious living room to the kitchen - perfect for staying engaged with guests while preparing meals. Down the hall, you'll find three generous bedrooms, including an extra-large primary bedroom that offers incredible versatility as a private retreat, home office, or additional entertainment space. Fresh paint, hardwood flooring, a large fenced yard, and a mechanic's garage add to the home's appeal. Major updates include: roof (2014), water heater (2023), AC installation (2022), and a beautifully remodeled bathroom (2023). Don't miss your chance to make this well-maintained home yours - schedule your tour today!

18. 2025-12-26
    historical
19. 2025-12-26
    historical
20. 2025-11-13
    price $175,900
21. 2025-11-12
    price $175,900
22. 2025-09-26
    listed $181,000 Active
23. 2025-09-26
    listed $181,000 Active
24. 2022-05-23
    status Pending
25. 2022-05-19
    soldstatus $148,000
26. 2022-05-06
    soldstatus $148,000 Sold
27. 2022-05-06
    soldstatus $148,000 Closed
28. 2022-03-30
    historical Accepting Backup Offers
29. 2022-03-30
    historical Accepting Backup Offers
30. 2022-03-21
    status Active
31. 2022-03-21
    status Active
32. 2022-03-16
    historical Accepting Backup Offers
33. 2022-03-16
    historical Accepting Backup Offers
34. 2022-03-15
    price $148,000
35. 2022-03-15
    price $148,000
36. 2022-03-11
    listed $150,000 Active
37. 2022-03-11
    listed $150,000 Active
38. 2022-03-09
    historical $150,000
39. 2022-03-09
    historical $150,000
40. 2019-03-15
    soldstatus $99,000
41. 2019-03-12
    soldstatus $99,000 Sold
42. 2019-03-12
    soldstatus $99,000 Closed
43. 2019-02-15
    status Pending
44. 2019-02-15
    status Pending
45. 2019-01-26
    status Active
46. 2019-01-25
    historical
47. 2019-01-11
    listed $99,900 Active
48. 2019-01-11
    listed $99,900 Active
49. 2008-10-01
    historical
50. 2008-09-30
    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: $3,100 · $258/mo
• Projected year-2 tax: $3,100 · $258/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 ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,042
• − Mortgage interest: −$9,517
• − Property taxes: −$3,100
• − Insurance: −$850
• − Repairs & maintenance: −$2,003
• − Management: −$2,003
• − Depreciation: −$4,943
• Taxable income: $2,626
• Est. tax owed @ 24.0%: −$630
• After-tax cash flow: $4,512/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: Taylor School District
• NCES district ID: 2633540
• Math proficiency: 14% ▼ -7.00%
• Reading proficiency: 27% ▼ -4.00%
• Median HH income: $43,062
• Composite: 17.62/100
• National rank: #9034
• State rank: #462 of 540 in MI

Livability — Taylor

• Score: 76/100
• State rank: #144
• US rank: #3684

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Taylor, MI
• County: Wayne County · 1,562,939 people
• City population: 62,081
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 62,081
• Household income: $61,081
• Rent vs Own: 33.3% rent · 66.7% own
• Severe rent burden: 1957.0

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 White (65%)
• Race & ethnicity: White 65% Black 19% Two or more races 9% Hispanic / Latino 9% Asian 2%
• Hispanic origin (detail): Mexican 6% Puerto Rican 2%
• Common ancestry: Romanian 8% Lithuanian 3% Slovak 2%
• Foreign-born: 7% · Canada
• Languages at home: 89% English-only · Spanish 4% Arabic 3% Other Indo-European 3%

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: ▼ -212.33%
• Current HPI: 228.921
• Rent YoY: ▲ 4.90%
• 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

+62.0% since first listed

54 events — show timeline

• 2026-01-09 Listed $169,900 MiRealSource-MiMLS
• 2026-01-09 Listed $169,900 REALCOMP
• 2026-01-05 Coming Soon $169,900 MiRealSource-MiMLS
• 2025-12-26 Listing Removed — MiRealSource-MiMLS
• 2025-12-26 Listing Removed — REALCOMP
• 2025-11-13 Price Changed $175,900 MiRealSource-MiMLS
• 2025-11-12 Price Changed $175,900 REALCOMP
• 2025-09-26 Listed $181,000 REALCOMP
• 2025-09-26 Listed $181,000 MiRealSource-MiMLS
• 2022-05-23 Pending — REALCOMP
• 2022-05-19 Sold (Public Records) $148,000 Public Records
• 2022-05-06 Sold (MLS) $148,000 MiRealSource-MiMLS
• 2022-05-06 Sold (MLS) $148,000 REALCOMP
• 2022-03-30 Contingent — MiRealSource-MiMLS
• 2022-03-30 Contingent — REALCOMP
• 2022-03-21 Relisted — MiRealSource-MiMLS
• 2022-03-21 Relisted — REALCOMP
• 2022-03-16 Contingent — MiRealSource-MiMLS
• 2022-03-16 Contingent — REALCOMP
• 2022-03-15 Price Changed $148,000 MiRealSource-MiMLS
• 2022-03-15 Price Changed $148,000 REALCOMP
• 2022-03-11 Listed $150,000 MiRealSource-MiMLS
• 2022-03-11 Listed $150,000 REALCOMP
• 2022-03-09 Coming Soon $150,000 MiRealSource-MiMLS
• 2022-03-09 Coming Soon $150,000 REALCOMP
• 2019-03-15 Sold (Public Records) $99,000 Public Records
• 2019-03-12 Sold (MLS) $99,000 MiRealSource-MiMLS
• 2019-03-12 Sold (MLS) $99,000 REALCOMP
• 2019-02-15 Pending — MiRealSource-MiMLS
• 2019-02-15 Pending — REALCOMP
• 2019-01-26 Relisted — REALCOMP
• 2019-01-25 Listing Removed — REALCOMP
• 2019-01-11 Listed $99,900 MiRealSource-MiMLS
• 2019-01-11 Listed $99,900 REALCOMP
• 2008-10-01 Listing Removed — REALCOMP
• 2008-09-30 Listing Removed — MiRealSource-MiMLS
• 2008-06-30 Listed $112,900 REALCOMP
• 2008-06-30 Listed $112,900 MiRealSource-MiMLS
• 2007-07-02 Listed $112,900 REALCOMP
• 2001-09-30 Listing Removed — MiRealSource-MiMLS
• 2001-07-25 Sold (Public Records) $89,500 Public Records
• 2001-07-15 Sold (MLS) $89,500 MiRealSource-MiMLS
• 2001-07-15 Sold (MLS) $89,500 REALCOMP
• 2001-06-30 Listing Removed — MiRealSource-MiMLS
• 2001-06-30 Listing Removed — REALCOMP
• 2001-06-08 Listing Removed — MiRealSource-MiMLS
• 2001-04-02 Listed $93,500 MiRealSource-MiMLS
• 2001-04-02 Listed $93,500 REALCOMP
• 2001-02-26 Listed $93,500 REALCOMP
• 2001-02-26 Listed $93,500 MiRealSource-MiMLS
• 2001-01-16 Listed $94,900 MiRealSource-MiMLS
• 2001-01-16 Listed $94,900 REALCOMP
• 2000-12-31 Listing Removed — MiRealSource-MiMLS
• 2000-11-21 Listed $104,900 MiRealSource-MiMLS

Property tax history

+5.3%/yr

Latest (2025): $3,100 · -11.2% YoY. Source: county tax records.