1816 June Ave · Rochester Hills, MI 48309

$220,000

2 bd · 1.0 ba · 750 sqft · SingleFamily public records · 4 Days on market

Built 1948 0.41 ac lot Est $190k · 15% over

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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 +20.8/30.0
• DSCR +6.6/10.0
• 1% rule +5.5/10.0
• Livability +3.9/5.0
• Schools +3.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.5/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Location, location, location - exceptional value in desirable Rochester Hills! This recently renovated ranch, set on nearly a half-acre lot, offers an unbeatable combination of quality updates and a premier address at this price. Perfect for first-time buyers, downsizers, or investors seeking a well-maintained, move-in-ready property in a sought-after community. Featuring 2 bedrooms, 1 full bath, an open, light-filled living room, generous storage throughout, and all appliances included, this home has been thoughtfully updated for modern comfort and low-maintenance living. Enjoy mature landscaping, outdoor space for entertaining or gardening, and easy access to top-rated schools, parks, shopping, and major commuter routes. Don't miss the opportunity to own in Rochester Hills at this price - schedule your showing today!

Key facts

• Generous storage
• Mature landscaping
• Easy access to parks

Tags

• NEARLY A HALF-ACRE LOT
• OPEN LIGHT-FILLED LIVING ROOM
• GENEROUS STORAGE
• MATURE LANDSCAPING
• OUTDOOR SPACE FOR ENTERTAINING
• EASY ACCESS TO PARKS

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $220k.

Deal economics

• At list price, monthly cash flow is $301 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $220k).
• Cap rate 7.9% vs local median 2.8% in Rochester Hills — 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 (#127 in MI, #3,163 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: health & safety D, amenities F, commute F.
• Avondale School District (suburban): math 34% / reading 48% proficiency, ranked #162 of 540 in MI (top 30%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Deerfield Elementary School (math 42% / reading 57%, grade D, #382 of 1,397 statewide, top 30%, 330 students, 41% FRL); Avondale Middle School (math 30% / reading 43%, grade F, #264 of 493 statewide, top 54%, 630 students, 58% FRL); Avondale High School (math 37% / reading 67%, grade D+, #128 of 713 statewide, top 19%, 1,004 students, 48% FRL) — zoned schools average 49% FRL vs 28% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 153 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 10 sale attempts since 29y 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 1948 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $220,000

Questions for the listing agent

1. Built in 1948 — 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 A-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?
4. 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?
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: 1.05% ✓
• Cap rate: 7.94%
• Cash-on-cash: 5.87%
• DSCR: 1.26
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $190,500
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1816 June Ave	0.00mi	2/1.0	760 (+1%)	1mo	$231,600	$305	97
3310 Crooks Rd	0.29mi	2/1.0	752 (+0%)	9mo	$201,000	$267	78
3197 Crooks Rd	0.19mi	2/1.0	832 (+11%)	2mo	$210,000	$252	71
3239 Crooks Rd	0.22mi	2/1.0	736 (-2%)	20mo	$210,000	$285	70
3197 Crooks Rd	0.19mi	2/1.0	832 (+11%)	4mo	$181,000	$218	69
3161 Grant Rd	0.34mi	2/1.0	836 (+12%)	5mo	$60,000	$72	61
2785 Hartline Dr	0.60mi	3/1.0 (+1)	788 (+5%)	9mo	$200,000	$254	51

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -7.2%
• Equity multiple: 0.73×
• Total profit: $-16,430
• Equity at exit: $32,803

10-year hold

• IRR: 2.4%
• Equity multiple: 1.17×
• Total profit: $10,550
• Equity at exit: $19,022

Cash invested: $61,600 (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

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

Methodology + full state rankings →

ZIP-level market 48309

• Active inventory: 153
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $2,315 medium
• Mortgage (P&I): −$1,154
• Tax from tax record: −$282 /mo · $3,384/yr
• Insurance: −$92
• HOA: −$0
• Vacancy / Maint / Mgmt: −$486
• Net cashflow: $301

Break-even live

Break-even rent $1,933

Max offer price $220,000

Occupancy floor 82%

Sensitivity live

Price	-10% $426	-5% $363	+0% $301	+5% $239	+10% $177
Rent	-10% $118	-5% $210	+0% $301	+5% $393	+10% $484
Rate	-1.0pp $412	-0.5pp $357	base $301	+0.5pp $244	+1.0pp $186

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: $55,000
• Closing costs: $6,600
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2800 Overlook Dr Rochester Hills, MI	1.0–2.0	1.0–2.0	853	$1,833	$2.15	1d	12	0.89mi
2740 Upper Ridge Dr Rochester Hills, MI	2.0	2.0	1093	$3,480	$3.18	5d	1	0.89mi
2600 W Auburn Rd Rochester Hills, MI	2.0–3.0	2.0	1264	$1,309	$1.04	7d	1	0.91mi
2450 Norfolk Unit 4104 Rochester Hills, MI	1.0	1.0	1000	$1,590	$1.59	24d	1	1.28mi

Listing history 31 events

1. 2026-04-26
   status Pending 834-char remark

   Show marketing remark (834 chars)

   Location, location, location - exceptional value in desirable Rochester Hills! This recently renovated ranch, set on nearly a half-acre lot, offers an unbeatable combination of quality updates and a premier address at this price. Perfect for first-time buyers, downsizers, or investors seeking a well-maintained, move-in-ready property in a sought-after community. Featuring 2 bedrooms, 1 full bath, an open, light-filled living room, generous storage throughout, and all appliances included, this home has been thoughtfully updated for modern comfort and low-maintenance living. Enjoy mature landscaping, outdoor space for entertaining or gardening, and easy access to top-rated schools, parks, shopping, and major commuter routes. Don't miss the opportunity to own in Rochester Hills at this price - schedule your showing today!

2. 2026-04-26
   status Pending

   Show marketing remark (834 chars)

   Location, location, location - exceptional value in desirable Rochester Hills! This recently renovated ranch, set on nearly a half-acre lot, offers an unbeatable combination of quality updates and a premier address at this price. Perfect for first-time buyers, downsizers, or investors seeking a well-maintained, move-in-ready property in a sought-after community. Featuring 2 bedrooms, 1 full bath, an open, light-filled living room, generous storage throughout, and all appliances included, this home has been thoughtfully updated for modern comfort and low-maintenance living. Enjoy mature landscaping, outdoor space for entertaining or gardening, and easy access to top-rated schools, parks, shopping, and major commuter routes. Don't miss the opportunity to own in Rochester Hills at this price - schedule your showing today!

3. 2026-04-22
   listed $220,000 Active 834-char remark

   Show marketing remark (834 chars)

   Location, location, location - exceptional value in desirable Rochester Hills! This recently renovated ranch, set on nearly a half-acre lot, offers an unbeatable combination of quality updates and a premier address at this price. Perfect for first-time buyers, downsizers, or investors seeking a well-maintained, move-in-ready property in a sought-after community. Featuring 2 bedrooms, 1 full bath, an open, light-filled living room, generous storage throughout, and all appliances included, this home has been thoughtfully updated for modern comfort and low-maintenance living. Enjoy mature landscaping, outdoor space for entertaining or gardening, and easy access to top-rated schools, parks, shopping, and major commuter routes. Don't miss the opportunity to own in Rochester Hills at this price - schedule your showing today!

4. 2026-04-22
   listed $220,000 Active

   Show marketing remark (834 chars)

   Location, location, location - exceptional value in desirable Rochester Hills! This recently renovated ranch, set on nearly a half-acre lot, offers an unbeatable combination of quality updates and a premier address at this price. Perfect for first-time buyers, downsizers, or investors seeking a well-maintained, move-in-ready property in a sought-after community. Featuring 2 bedrooms, 1 full bath, an open, light-filled living room, generous storage throughout, and all appliances included, this home has been thoughtfully updated for modern comfort and low-maintenance living. Enjoy mature landscaping, outdoor space for entertaining or gardening, and easy access to top-rated schools, parks, shopping, and major commuter routes. Don't miss the opportunity to own in Rochester Hills at this price - schedule your showing today!

5. 2024-02-14
   soldstatus $200,000
6. 2024-02-12
   soldstatus $200,000 Sold 376-char remark

   Show marketing remark (376 chars)

   Location, location, location! Welcome home to this recently renovated Ranch in Rochester Hills. Home has been well maintained and sits on nearly a half acre! Home has been recently updated throughout, 2 bedrooms & 1 full bath, spacious living room and plenty of storage, appliances are included. Do not miss your opportunity to see this one, schedule your showing today!

7. 2024-02-12
   soldstatus $200,000 Closed

   Show marketing remark (376 chars)

   Location, location, location! Welcome home to this recently renovated Ranch in Rochester Hills. Home has been well maintained and sits on nearly a half acre! Home has been recently updated throughout, 2 bedrooms & 1 full bath, spacious living room and plenty of storage, appliances are included. Do not miss your opportunity to see this one, schedule your showing today!

8. 2024-01-29
   status Pending

   Show marketing remark (376 chars)

   Location, location, location! Welcome home to this recently renovated Ranch in Rochester Hills. Home has been well maintained and sits on nearly a half acre! Home has been recently updated throughout, 2 bedrooms & 1 full bath, spacious living room and plenty of storage, appliances are included. Do not miss your opportunity to see this one, schedule your showing today!

9. 2024-01-29
   status Pending 376-char remark

   Show marketing remark (376 chars)

   Location, location, location! Welcome home to this recently renovated Ranch in Rochester Hills. Home has been well maintained and sits on nearly a half acre! Home has been recently updated throughout, 2 bedrooms & 1 full bath, spacious living room and plenty of storage, appliances are included. Do not miss your opportunity to see this one, schedule your showing today!

10. 2024-01-15
    historical Accepting Backup Offers

    Show marketing remark (376 chars)

    Location, location, location! Welcome home to this recently renovated Ranch in Rochester Hills. Home has been well maintained and sits on nearly a half acre! Home has been recently updated throughout, 2 bedrooms & 1 full bath, spacious living room and plenty of storage, appliances are included. Do not miss your opportunity to see this one, schedule your showing today!

11. 2024-01-15
    historical Accepting Backup Offers 376-char remark

    Show marketing remark (376 chars)

    Location, location, location! Welcome home to this recently renovated Ranch in Rochester Hills. Home has been well maintained and sits on nearly a half acre! Home has been recently updated throughout, 2 bedrooms & 1 full bath, spacious living room and plenty of storage, appliances are included. Do not miss your opportunity to see this one, schedule your showing today!

12. 2024-01-11
    listed $204,900 Active 376-char remark

    Show marketing remark (376 chars)

    Location, location, location! Welcome home to this recently renovated Ranch in Rochester Hills. Home has been well maintained and sits on nearly a half acre! Home has been recently updated throughout, 2 bedrooms & 1 full bath, spacious living room and plenty of storage, appliances are included. Do not miss your opportunity to see this one, schedule your showing today!

13. 2024-01-11
    listed $204,900 Active

    Show marketing remark (376 chars)

    Location, location, location! Welcome home to this recently renovated Ranch in Rochester Hills. Home has been well maintained and sits on nearly a half acre! Home has been recently updated throughout, 2 bedrooms & 1 full bath, spacious living room and plenty of storage, appliances are included. Do not miss your opportunity to see this one, schedule your showing today!

14. 2017-07-31
    soldstatus $138,500 Sold
15. 2017-07-31
    soldstatus $138,500 Closed
16. 2017-07-03
    status Pending
17. 2017-07-03
    status Pending
18. 2017-06-28
    listed $144,900 Active
19. 2017-06-28
    listed $144,900 Active
20. 2016-10-07
    soldstatus $81,900 Sold
21. 2016-10-07
    soldstatus $81,900 Closed
22. 2016-07-22
    status Pending
23. 2016-07-22
    status Pending
24. 2016-07-15
    status Active
25. 2016-07-12
    historical
26. 2016-06-17
    listed $81,900 Active
27. 2016-06-17
    listed $81,900 Active
28. 1997-08-28
    soldstatus $86,000
29. 1997-07-30
    soldstatus $86,000
30. 1997-06-24
    historical
31. 1997-06-05
    listed $84,900

ⓘ 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: $3,384 · $282/mo
• Projected year-2 tax: $3,386 · $282/mo
• Expected delta: +$2/yr ($0/mo · 0.1%)

ⓘ 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 ≥97°F today · 15 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: $27,774
• − Mortgage interest: −$12,323
• − Property taxes: −$3,384
• − Insurance: −$1,100
• − Repairs & maintenance: −$2,222
• − Management: −$2,222
• − Depreciation: −$6,400
• Taxable income: $124
• Est. tax owed @ 24.0%: −$30
• After-tax cash flow: $3,584/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: Avondale School District
• NCES district ID: 2603690
• Math proficiency: 34% ▼ -8.00%
• Reading proficiency: 48% ▼ -4.00%
• Median HH income: $71,549
• Composite: 37.33/100
• National rank: #4442
• State rank: #162 of 540 in MI

Livability — Rochester Hills

• Score: 77/100
• State rank: #127
• US rank: #3163

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rochester Hills, MI
• City population: 44,714
• Population (ZIP): 30,254

Population outlook (Oakland County) Hauer SSP2

• Today (2025): 1,335,747 people
• By 2030: 1,375,100 · +2.9%
• By 2040: 1,435,385 · +7.5%
• By 2050: 1,469,250 · +10.0%
• By 2075: 1,531,946 · +14.7%
• By 2100: 1,450,485 · +8.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Asian 12% Two or more races 6% Hispanic / Latino 4% Black 4%
• Common ancestry: Romanian 10% Lithuanian 3% Slovak 3%
• Foreign-born: 19% · Canada, China, South Korea
• Languages at home: 80% English-only · Other Indo-European 6% Chinese 3% Russian/Polish/Slavic 2%

Political lean MEDSL · Oakland

• 2024 margin: D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
• 2008→2024 swing: -3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
• All cycles: 2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -136.99%
• Current HPI: 201.9197
• Rent YoY: —
• Metro: —
• 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

+159.1% since first listed

31 events — show timeline

• 2026-04-26 Pending — MiRealSource-MiMLS
• 2026-04-26 Pending — REALCOMP
• 2026-04-22 Listed $220,000 REALCOMP
• 2026-04-22 Listed $220,000 MiRealSource-MiMLS
• 2024-02-14 Sold (Public Records) $200,000 Public Records
• 2024-02-12 Sold (MLS) $200,000 MiRealSource-MiMLS
• 2024-02-12 Sold (MLS) $200,000 REALCOMP
• 2024-01-29 Pending — MiRealSource-MiMLS
• 2024-01-29 Pending — REALCOMP
• 2024-01-15 Contingent — MiRealSource-MiMLS
• 2024-01-15 Contingent — REALCOMP
• 2024-01-11 Listed $204,900 MiRealSource-MiMLS
• 2024-01-11 Listed $204,900 REALCOMP
• 2017-07-31 Sold (MLS) $138,500 MiRealSource-MiMLS
• 2017-07-31 Sold (MLS) $138,500 REALCOMP
• 2017-07-03 Pending — MiRealSource-MiMLS
• 2017-07-03 Pending — REALCOMP
• 2017-06-28 Listed $144,900 MiRealSource-MiMLS
• 2017-06-28 Listed $144,900 REALCOMP
• 2016-10-07 Sold (MLS) $81,900 MiRealSource-MiMLS
• 2016-10-07 Sold (MLS) $81,900 REALCOMP
• 2016-07-22 Pending — MiRealSource-MiMLS
• 2016-07-22 Pending — REALCOMP
• 2016-07-15 Relisted — REALCOMP
• 2016-07-12 Listing Removed — REALCOMP
• 2016-06-17 Listed $81,900 MiRealSource-MiMLS
• 2016-06-17 Listed $81,900 REALCOMP
• 1997-08-28 Sold (Public Records) $86,000 Public Records
• 1997-07-30 Sold (MLS) $86,000 MiRealSource-MiMLS
• 1997-06-24 Listing Removed — MiRealSource-MiMLS
• 1997-06-05 Listed $84,900 MiRealSource-MiMLS

Property tax history

+6.0%/yr

Latest (2025): $3,384 · +41.6% YoY. Source: county tax records.