10994 Craft St · Detroit, MI 48224

$100,000

4 bd · 1.5 ba · 1,500 sqft · SingleFamily public records · 85 Days on market

Built 1938 4,792 sqft lot Est $87k · 15% over

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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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.8/10.0
• Livability +3.7/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• ARV discount +0.8/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

1938 brick bungalow offering approximately 1,500 square feet with 4 bedrooms and 1.1 baths in Detroit. Main level features a living room with natural wood-burning fireplace, dedicated dining area, kitchen, two bedrooms, and full bath. Upper level includes two additional bedrooms, including a spacious fourth bedroom with hardwood flooring that offers flexibility for primary bedroom, home office, or additional living space. An enclosed all-wood breezeway adds architectural character and functional transition space. Basement provides usable square footage with laundry area, utility room, storage, and half bath. Mechanical updates include furnace and central air conditioning (2018) and hot water tank (2019). Driveway parking available. Interior details include coved ceilings and traditional fireplace surround. Located on a residential street with limited through traffic. Positioned approximately 0.5 miles from Denby High School, 0.5 miles from the Warren Avenue commercial corridor, 0.8 miles from Balduck Park, and about 1.0 mile to I-94 access, providing connectivity to Downtown Detroit and surrounding communities. Home presents opportunity for updates while retaining original architectural character, flexible layout, basement space, and upper-level versatility suitable for owner-occupant or investment use. BATVAI and measurements.

Key facts

• 4,792 sq ft lot
• Built 1938
• Listed 85 days

Property features AI

Finance

• Other: Pets allowed

Exterior

• Parking: Driveway; No garage
• Utilities: Public water; Public sewer; Electric service with circuit breakers
• Home design: Single-family residence; One and one-half stories; Ground-level entry; Brick construction
• Construction: Brick exterior; Asphalt roof; Block foundation; Built area above grade approximately 1,500
• Exterior features: Front porch; Back yard fencing; Paved road access; Sidewalks in the community; No pool

Interior

• Kitchen: Dishwasher; Disposal; Free-standing electric range
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central air conditioning; Forced air heating; Natural gas heating
• Interior features: Negotiable furnishing; Wood-burning fireplace in the living room; Unfinished basement; 8 total rooms
• Laundry & utility: Dedicated laundry room; Washer; Dryer; Gas water heater

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $512 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $94k (6.0% below list) — sets the bar for market timing.
• Cap rate 12.4% vs local median 10.2% in Detroit — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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 flat; 484 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 40% of the median local income ($45k/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 $691 of loan paydown is wiped out by about $3k 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 + 0.7% rent growth), your $28k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 85 days — a 6% lower offer ($94k) is reasonable based on typical stale-listing flexibility.
• 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.

Risks & watch-outs

• Watch-outs: built in 1938 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $94,000 (6.0% below list)

Questions for the listing agent

1. It's been on market 85 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1938 — 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: 1.48% ✓
• Cap rate: 12.43%
• Cash-on-cash: 21.93%
• DSCR: 1.98
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $87,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9973 E Outer Dr	0.24mi	3/2.5 (-1)	1,506 (+0%)	2mo	$83,500	$55	77
11336 Courville St	0.19mi	3/1.0 (-1)	1,425 (-5%)	0mo	$62,500	$44	75
11323 Lansdowne St	0.31mi	3/1.5 (-1)	1,397 (-7%)	2mo	$133,282	$95	67
9722 Wayburn St	0.45mi	3/1.0 (-1)	1,464 (-2%)	2mo	$84,900	$58	67
10346 Lakepointe St	0.33mi	3/2.0 (-1)	1,682 (+12%)	2mo	$77,500	$46	56
9905 Balfour Rd	0.61mi	3/1.5 (-1)	1,597 (+6%)	3mo	$160,000	$100	53
15469 Troester St	0.64mi	3/1.0 (-1)	1,375 (-8%)	1mo	$60,000	$44	48
10185 Beaconsfield St	0.45mi	3/1.0 (-1)	1,300 (-13%)	2mo	$73,000	$56	48
11859 Laing St	0.51mi	3/2.0 (-1)	1,330 (-11%)	4mo	$127,500	$96	47
10947 Roxbury St	0.50mi	3/1.0 (-1)	1,696 (+13%)	2mo	$127,675	$75	46
9817 Somerset Ave	0.57mi	3/1.0 (-1)	1,290 (-14%)	2mo	$30,000	$23	41
10130 Somerset Ave	0.59mi	3/1.0 (-1)	1,300 (-13%)	4mo	$116,500	$90	40

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 · 0.73% rent growth · sell at horizon

5-year hold

• IRR: 12.1%
• Equity multiple: 1.47×
• Total profit: $13,089
• Equity at exit: $14,910

10-year hold

• IRR: 19.2%
• Equity multiple: 2.44×
• Total profit: $40,420
• Equity at exit: $8,646

Cash invested: $28,000 (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 48224

• Rents YoY: 0.7%
• Active inventory: 484
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,479 high
• Mortgage (P&I): −$524
• Tax from tax record: −$91 /mo · $1,090/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$311
• Net cashflow: $512

Break-even live

Break-even rent $832

Max offer price $100,000

Occupancy floor 60%

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10813 Whitehill St Detroit, MI	3.0	1.0	1392	$1,350	$0.97	17d	1	0.09mi
10724 Whitehill St Detroit, MI	3.0	3.0	1425	$1,550	$1.09	18d	1	0.14mi
11018 Whitehill St Detroit, MI	3.0	1.0	1146	$1,450	$1.27	11d	1	0.15mi
10141 Roxbury St Detroit, MI	3.0	1.0	1115	$1,000	$0.90	43d	1	0.38mi
9755 Wayburn St Detroit, MI	3.0	2.0	1498	$1,400	$0.93	3d	1	0.39mi
10803 Roxbury St Detroit, MI	3.0	1.0	1150	$900	$0.78	20d	1	0.47mi
15000 Mayfield St Detroit, MI	3.0	1.0	1146	$970	$0.85	17d	1	0.48mi
9984 Beaconsfield St Detroit, MI	3.0	1.0	1222	$1,575	$1.29	43d	1	0.50mi
9400 Lakepointe St Detroit, MI	3.0	1.0	1300	$1,150	$0.88	5d	1	0.58mi
9168 Wayburn St Detroit, MI	3.0	1.0	1274	$1,300	$1.02	20d	1	0.62mi
10404 Somerset Ave Detroit, MI	3.0	1.0	1108	$1,475	$1.33	3d	1	0.64mi
9409 Balfour Rd Detroit, MI	3.0	1.0	1195	$1,200	$1.00	43d	1	0.69mi
11235 Roxbury St Detroit, MI	3.0	1.0	1062	$1,325	$1.25	17d	1	0.71mi
15857 Evanston St Detroit, MI	3.0	1.5	1232	$1,250	$1.01	5d	1	0.76mi
11689 Wayburn St Detroit, MI	3.0	1.0	1142	$1,350	$1.18	43d	1	0.76mi
11911 Lansdowne St Detroit, MI	4.0	1.0	1350	$1,400	$1.04	43d	1	0.77mi
10030 Bishop St Detroit, MI	5.0	2.0	1721	$1,200	$0.70	17d	1	0.82mi
11620 Rossiter St Detroit, MI	3.0	1.0	1140	$1,200	$1.05	17d	1	0.82mi
9635 Everts St Detroit, MI	4.0	2.0	1450	$1,650	$1.14	43d	1	0.82mi
13395 Maiden St Detroit, MI	5.0	2.0	1750	$1,600	$0.91	24d	1	0.83mi
13137 Elmdale St Detroit, MI	3.0	1.0	1115	$1,400	$1.26	24d	1	0.89mi
14201 Mayfield St Detroit, MI	4.0	1.5	1296	$1,250	$0.96	43d	1	0.89mi
5791 Somerset Ave Detroit, MI	3.0	2.0	1660	$1,400	$0.84	17d	1	0.90mi
5751 Nottingham Rd Unit 5/21/26 Detroit, MI	3.0	1.0	1100	$1,250	$1.14	15d	1	0.95mi
5747 Lakepointe St Detroit, MI	3.0	1.5	1316	$1,473	$1.12	43d	1	0.96mi
9142 Yorkshire Rd Detroit, MI	5.0	1.5	1450	$1,700	$1.17	1d	1	0.99mi
9171 Bishop St Detroit, MI	4.0	1.0	1508	$1,300	$0.86	43d	1	1.00mi
10370 Britain St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	43d	1	1.01mi
9313 Harvard Rd Detroit, MI	3.0	1.5	1329	$1,200	$0.90	17d	1	1.02mi
12840 Kilbourne St Detroit, MI	3.0	1.0	1136	$1,350	$1.19	18d	1	1.02mi
9241 Boleyn St Detroit, MI	3.0	1.0	1350	$1,350	$1.00	43d	1	1.03mi
5966 Eastlawn St Unit NA Detroit, MI	3.0	1.5	1366	$1,500	$1.10	24d	1	1.09mi
5574 Buckingham Ave Detroit, MI	3.0	1.0	1430	$1,450	$1.01	4d	1	1.10mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	43d	1	1.16mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	15d	1	1.16mi
5267 Haverhill St Detroit, MI	3.0	1.5	1458	$1,300	$0.89	16d	1	1.23mi
5267 Haverhill St Detroit, MI	3.0	1.5	1458	$1,300	$0.89	17d	1	1.23mi
15616 E 7 Mile Rd Detroit, MI	3.0	1.5	1150	$1,150	$1.00	17d	1	1.27mi
6225 Oldtown St Detroit, MI	3.0	1.0	1330	$1,199	$0.90	17d	1	1.30mi
6304 Bluehill St Detroit, MI	3.0	1.0	1088	$1,500	$1.38	43d	1	1.37mi

Listing history 18 events

1. 2026-06-16
   status $100,000 Pending 85 DOM
2. 2026-06-15
   days on market $100,000 Active Under Contract 85 DOM
3. 2026-06-13
   days on market $100,000 Active Under Contract 83 DOM
4. 2026-06-13
   days on market $100,000 Active Under Contract 82 DOM
5. 2026-06-09
   days on market $100,000 Active Under Contract 79 DOM
6. 2026-06-08
   statusdays on market $100,000 Active Under Contract 78 DOM
7. 2026-06-07
   statusdays on market $100,000 Active 77 DOM
8. 2026-05-04
   status Pending 1349-char remark

   Show marketing remark (1349 chars)

   1938 brick bungalow offering approximately 1,500 square feet with 4 bedrooms and 1.1 baths in Detroit. Main level features a living room with natural wood-burning fireplace, dedicated dining area, kitchen, two bedrooms, and full bath. Upper level includes two additional bedrooms, including a spacious fourth bedroom with hardwood flooring that offers flexibility for primary bedroom, home office, or additional living space. An enclosed all-wood breezeway adds architectural character and functional transition space. Basement provides usable square footage with laundry area, utility room, storage, and half bath. Mechanical updates include furnace and central air conditioning (2018) and hot water tank (2019). Driveway parking available. Interior details include coved ceilings and traditional fireplace surround. Located on a residential street with limited through traffic. Positioned approximately 0.5 miles from Denby High School, 0.5 miles from the Warren Avenue commercial corridor, 0.8 miles from Balduck Park, and about 1.0 mile to I-94 access, providing connectivity to Downtown Detroit and surrounding communities. Home presents opportunity for updates while retaining original architectural character, flexible layout, basement space, and upper-level versatility suitable for owner-occupant or investment use. BATVAI and measurements.

9. 2026-05-04
   status Pending

   Show marketing remark (1349 chars)

   1938 brick bungalow offering approximately 1,500 square feet with 4 bedrooms and 1.1 baths in Detroit. Main level features a living room with natural wood-burning fireplace, dedicated dining area, kitchen, two bedrooms, and full bath. Upper level includes two additional bedrooms, including a spacious fourth bedroom with hardwood flooring that offers flexibility for primary bedroom, home office, or additional living space. An enclosed all-wood breezeway adds architectural character and functional transition space. Basement provides usable square footage with laundry area, utility room, storage, and half bath. Mechanical updates include furnace and central air conditioning (2018) and hot water tank (2019). Driveway parking available. Interior details include coved ceilings and traditional fireplace surround. Located on a residential street with limited through traffic. Positioned approximately 0.5 miles from Denby High School, 0.5 miles from the Warren Avenue commercial corridor, 0.8 miles from Balduck Park, and about 1.0 mile to I-94 access, providing connectivity to Downtown Detroit and surrounding communities. Home presents opportunity for updates while retaining original architectural character, flexible layout, basement space, and upper-level versatility suitable for owner-occupant or investment use. BATVAI and measurements.

10. 2026-04-22
    historical Active Under Contract

    Show marketing remark (1349 chars)

    1938 brick bungalow offering approximately 1,500 square feet with 4 bedrooms and 1.1 baths in Detroit. Main level features a living room with natural wood-burning fireplace, dedicated dining area, kitchen, two bedrooms, and full bath. Upper level includes two additional bedrooms, including a spacious fourth bedroom with hardwood flooring that offers flexibility for primary bedroom, home office, or additional living space. An enclosed all-wood breezeway adds architectural character and functional transition space. Basement provides usable square footage with laundry area, utility room, storage, and half bath. Mechanical updates include furnace and central air conditioning (2018) and hot water tank (2019). Driveway parking available. Interior details include coved ceilings and traditional fireplace surround. Located on a residential street with limited through traffic. Positioned approximately 0.5 miles from Denby High School, 0.5 miles from the Warren Avenue commercial corridor, 0.8 miles from Balduck Park, and about 1.0 mile to I-94 access, providing connectivity to Downtown Detroit and surrounding communities. Home presents opportunity for updates while retaining original architectural character, flexible layout, basement space, and upper-level versatility suitable for owner-occupant or investment use. BATVAI and measurements.

11. 2026-04-22
    historical Accepting Backup Offers 1349-char remark

    Show marketing remark (1349 chars)

    1938 brick bungalow offering approximately 1,500 square feet with 4 bedrooms and 1.1 baths in Detroit. Main level features a living room with natural wood-burning fireplace, dedicated dining area, kitchen, two bedrooms, and full bath. Upper level includes two additional bedrooms, including a spacious fourth bedroom with hardwood flooring that offers flexibility for primary bedroom, home office, or additional living space. An enclosed all-wood breezeway adds architectural character and functional transition space. Basement provides usable square footage with laundry area, utility room, storage, and half bath. Mechanical updates include furnace and central air conditioning (2018) and hot water tank (2019). Driveway parking available. Interior details include coved ceilings and traditional fireplace surround. Located on a residential street with limited through traffic. Positioned approximately 0.5 miles from Denby High School, 0.5 miles from the Warren Avenue commercial corridor, 0.8 miles from Balduck Park, and about 1.0 mile to I-94 access, providing connectivity to Downtown Detroit and surrounding communities. Home presents opportunity for updates while retaining original architectural character, flexible layout, basement space, and upper-level versatility suitable for owner-occupant or investment use. BATVAI and measurements.

12. 2026-04-04
    status Active 1349-char remark

    Show marketing remark (1349 chars)

    1938 brick bungalow offering approximately 1,500 square feet with 4 bedrooms and 1.1 baths in Detroit. Main level features a living room with natural wood-burning fireplace, dedicated dining area, kitchen, two bedrooms, and full bath. Upper level includes two additional bedrooms, including a spacious fourth bedroom with hardwood flooring that offers flexibility for primary bedroom, home office, or additional living space. An enclosed all-wood breezeway adds architectural character and functional transition space. Basement provides usable square footage with laundry area, utility room, storage, and half bath. Mechanical updates include furnace and central air conditioning (2018) and hot water tank (2019). Driveway parking available. Interior details include coved ceilings and traditional fireplace surround. Located on a residential street with limited through traffic. Positioned approximately 0.5 miles from Denby High School, 0.5 miles from the Warren Avenue commercial corridor, 0.8 miles from Balduck Park, and about 1.0 mile to I-94 access, providing connectivity to Downtown Detroit and surrounding communities. Home presents opportunity for updates while retaining original architectural character, flexible layout, basement space, and upper-level versatility suitable for owner-occupant or investment use. BATVAI and measurements.

13. 2026-04-04
    status Active

    Show marketing remark (1349 chars)

    1938 brick bungalow offering approximately 1,500 square feet with 4 bedrooms and 1.1 baths in Detroit. Main level features a living room with natural wood-burning fireplace, dedicated dining area, kitchen, two bedrooms, and full bath. Upper level includes two additional bedrooms, including a spacious fourth bedroom with hardwood flooring that offers flexibility for primary bedroom, home office, or additional living space. An enclosed all-wood breezeway adds architectural character and functional transition space. Basement provides usable square footage with laundry area, utility room, storage, and half bath. Mechanical updates include furnace and central air conditioning (2018) and hot water tank (2019). Driveway parking available. Interior details include coved ceilings and traditional fireplace surround. Located on a residential street with limited through traffic. Positioned approximately 0.5 miles from Denby High School, 0.5 miles from the Warren Avenue commercial corridor, 0.8 miles from Balduck Park, and about 1.0 mile to I-94 access, providing connectivity to Downtown Detroit and surrounding communities. Home presents opportunity for updates while retaining original architectural character, flexible layout, basement space, and upper-level versatility suitable for owner-occupant or investment use. BATVAI and measurements.

14. 2026-02-26
    historical Active Under Contract

    Show marketing remark (1349 chars)

    1938 brick bungalow offering approximately 1,500 square feet with 4 bedrooms and 1.1 baths in Detroit. Main level features a living room with natural wood-burning fireplace, dedicated dining area, kitchen, two bedrooms, and full bath. Upper level includes two additional bedrooms, including a spacious fourth bedroom with hardwood flooring that offers flexibility for primary bedroom, home office, or additional living space. An enclosed all-wood breezeway adds architectural character and functional transition space. Basement provides usable square footage with laundry area, utility room, storage, and half bath. Mechanical updates include furnace and central air conditioning (2018) and hot water tank (2019). Driveway parking available. Interior details include coved ceilings and traditional fireplace surround. Located on a residential street with limited through traffic. Positioned approximately 0.5 miles from Denby High School, 0.5 miles from the Warren Avenue commercial corridor, 0.8 miles from Balduck Park, and about 1.0 mile to I-94 access, providing connectivity to Downtown Detroit and surrounding communities. Home presents opportunity for updates while retaining original architectural character, flexible layout, basement space, and upper-level versatility suitable for owner-occupant or investment use. BATVAI and measurements.

15. 2026-02-26
    historical Accepting Backup Offers 1349-char remark

    Show marketing remark (1349 chars)

    1938 brick bungalow offering approximately 1,500 square feet with 4 bedrooms and 1.1 baths in Detroit. Main level features a living room with natural wood-burning fireplace, dedicated dining area, kitchen, two bedrooms, and full bath. Upper level includes two additional bedrooms, including a spacious fourth bedroom with hardwood flooring that offers flexibility for primary bedroom, home office, or additional living space. An enclosed all-wood breezeway adds architectural character and functional transition space. Basement provides usable square footage with laundry area, utility room, storage, and half bath. Mechanical updates include furnace and central air conditioning (2018) and hot water tank (2019). Driveway parking available. Interior details include coved ceilings and traditional fireplace surround. Located on a residential street with limited through traffic. Positioned approximately 0.5 miles from Denby High School, 0.5 miles from the Warren Avenue commercial corridor, 0.8 miles from Balduck Park, and about 1.0 mile to I-94 access, providing connectivity to Downtown Detroit and surrounding communities. Home presents opportunity for updates while retaining original architectural character, flexible layout, basement space, and upper-level versatility suitable for owner-occupant or investment use. BATVAI and measurements.

16. 2026-02-20
    listed $100,000 Active 1349-char remark

    Show marketing remark (1349 chars)

    1938 brick bungalow offering approximately 1,500 square feet with 4 bedrooms and 1.1 baths in Detroit. Main level features a living room with natural wood-burning fireplace, dedicated dining area, kitchen, two bedrooms, and full bath. Upper level includes two additional bedrooms, including a spacious fourth bedroom with hardwood flooring that offers flexibility for primary bedroom, home office, or additional living space. An enclosed all-wood breezeway adds architectural character and functional transition space. Basement provides usable square footage with laundry area, utility room, storage, and half bath. Mechanical updates include furnace and central air conditioning (2018) and hot water tank (2019). Driveway parking available. Interior details include coved ceilings and traditional fireplace surround. Located on a residential street with limited through traffic. Positioned approximately 0.5 miles from Denby High School, 0.5 miles from the Warren Avenue commercial corridor, 0.8 miles from Balduck Park, and about 1.0 mile to I-94 access, providing connectivity to Downtown Detroit and surrounding communities. Home presents opportunity for updates while retaining original architectural character, flexible layout, basement space, and upper-level versatility suitable for owner-occupant or investment use. BATVAI and measurements.

17. 2026-02-20
    listed $100,000 Active

    Show marketing remark (1349 chars)

    1938 brick bungalow offering approximately 1,500 square feet with 4 bedrooms and 1.1 baths in Detroit. Main level features a living room with natural wood-burning fireplace, dedicated dining area, kitchen, two bedrooms, and full bath. Upper level includes two additional bedrooms, including a spacious fourth bedroom with hardwood flooring that offers flexibility for primary bedroom, home office, or additional living space. An enclosed all-wood breezeway adds architectural character and functional transition space. Basement provides usable square footage with laundry area, utility room, storage, and half bath. Mechanical updates include furnace and central air conditioning (2018) and hot water tank (2019). Driveway parking available. Interior details include coved ceilings and traditional fireplace surround. Located on a residential street with limited through traffic. Positioned approximately 0.5 miles from Denby High School, 0.5 miles from the Warren Avenue commercial corridor, 0.8 miles from Balduck Park, and about 1.0 mile to I-94 access, providing connectivity to Downtown Detroit and surrounding communities. Home presents opportunity for updates while retaining original architectural character, flexible layout, basement space, and upper-level versatility suitable for owner-occupant or investment use. BATVAI and measurements.

18. 2026-02-16
    historical $100,000 1349-char remark

    Show marketing remark (1349 chars)

    1938 brick bungalow offering approximately 1,500 square feet with 4 bedrooms and 1.1 baths in Detroit. Main level features a living room with natural wood-burning fireplace, dedicated dining area, kitchen, two bedrooms, and full bath. Upper level includes two additional bedrooms, including a spacious fourth bedroom with hardwood flooring that offers flexibility for primary bedroom, home office, or additional living space. An enclosed all-wood breezeway adds architectural character and functional transition space. Basement provides usable square footage with laundry area, utility room, storage, and half bath. Mechanical updates include furnace and central air conditioning (2018) and hot water tank (2019). Driveway parking available. Interior details include coved ceilings and traditional fireplace surround. Located on a residential street with limited through traffic. Positioned approximately 0.5 miles from Denby High School, 0.5 miles from the Warren Avenue commercial corridor, 0.8 miles from Balduck Park, and about 1.0 mile to I-94 access, providing connectivity to Downtown Detroit and surrounding communities. Home presents opportunity for updates while retaining original architectural character, flexible layout, basement space, and upper-level versatility suitable for owner-occupant or investment use. BATVAI and measurements.

ⓘ 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: $1,090 · $91/mo
• Projected year-2 tax: $1,315 · $110/mo
• Expected delta: +$225/yr (+$19/mo · 20.6%)

ⓘ 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 ≥95°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: $17,753
• − Mortgage interest: −$5,602
• − Property taxes: −$1,090
• − Insurance: −$500
• − Repairs & maintenance: −$1,420
• − Management: −$1,420
• − Depreciation: −$2,909
• Taxable income: $4,811
• Est. tax owed @ 24.0%: −$1,155
• After-tax cash flow: $4,987/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): 39,668
• Household income: $44,856
• Rent vs Own: 44.1% rent · 55.9% own
• Severe rent burden: 2515.0

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 (88%)
• Race & ethnicity: Black 88% White 8% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Iranian 1% Romanian 1% Lithuanian 1%
• Foreign-born: 1%
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -226.38%
• Current HPI: 161.886
• Rent YoY: ▲ 0.73%
• 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

+0.0% since first listed

11 events — show timeline

• 2026-05-04 Pending — MiRealSource-MiMLS
• 2026-05-04 Pending — REALCOMP
• 2026-04-22 Contingent — REALCOMP
• 2026-04-22 Contingent — MiRealSource-MiMLS
• 2026-04-04 Relisted — MiRealSource-MiMLS
• 2026-04-04 Relisted — REALCOMP
• 2026-02-26 Contingent — REALCOMP
• 2026-02-26 Contingent — MiRealSource-MiMLS
• 2026-02-20 Listed $100,000 MiRealSource-MiMLS
• 2026-02-20 Listed $100,000 REALCOMP
• 2026-02-16 Coming Soon $100,000 MiRealSource-MiMLS

Property tax history

-4.1%/yr

Latest (2025): $1,090 · -11.8% YoY. Source: county tax records.