9500 Lakepointe St · Detroit, 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 95°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 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 +24.4/30.0
- DSCR +7.9/10.0
- 1% rule +5.7/10.0
- Livability +3.7/5.0
- Rent growth +2.7/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$124,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to 9500 Lakepointe St - an impressively renovated Detroit home that blends modern updates with timeless charm! This move-in ready residence features gleaming finished hardwood floors throughout, brand-new ceramic tile in the kitchen and bathroom, and a completely updated kitchen with new countertops, stylish cabinetry, and modern finishes. The bathroom has been fully renovated with fresh tile work, new fixtures, and a sleek design. Additional upgrades include new energy-efficient windows, a new roof, updated fixtures throughout, and a brand-new garage structure. For added peace of mind, a new furnace and hot water tank will be installed prior to closing. With all major mechanical and structural updates already completed, this home offers exceptional value and flexibility - ideal for first-time homebuyers or investors. Property may be purchased as an optional furnished short-term rental, with estimated gross income of approximately $3,000 per month and projected monthly expenses of $800–$1,000, depending on management. Purchase price is $124,900, with optional furnishings available for approximately $15,000. Buyer to verify short-term rental eligibility, zoning, and income potential. Windows are boarded for safety only. Don't miss your opportunity to own this beautifully updated, turnkey home - schedule your showing today!
Key facts
- Stylish cabinetry
- Updated kitchen
- New countertops
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $125k.
Deal economics
- At list price, monthly cash flow is $253 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $125k).
- Recommended offer: $117k (6.0% below list) — sets the bar for market timing.
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 19d 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 36% 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 $864 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 71 days — a 6% lower offer ($117k) is reasonable based on typical stale-listing flexibility.
- 12 sale attempts since 30y 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.
- Current owner paid $45k; list at $125k implies a 178% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1938 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 71 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1938 — 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
- 1.07% ✓
- Cap rate
- 8.73%
- Cash-on-cash
- 8.70%
- DSCR
- 1.39
- GRM
- 7.8
CMA / ARV
- ARV (on-the-fly)
- $101,700
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 9500 Lakepointe St | 0.00mi | 3/1.0 | 1,130 (0%) | 0mo | $125,000 | $111 | 100 |
| 10441 Roxbury St | 0.37mi | 3/1.5 | 1,127 (-0%) | 3mo | $59,000 | $52 | 78 |
| 10318 Beaconsfield St | 0.45mi | 3/1.5 | 1,146 (+1%) | 1mo | $78,000 | $68 | 74 |
| 9988 Somerset Ave | 0.39mi | 3/1.0 | 1,206 (+7%) | 1mo | $130,000 | $108 | 70 |
| 9768 Manistique St | 0.23mi | 3/1.0 | 986 (-13%) | 0mo | $35,000 | $35 | 68 |
| 5566 LAKEPOINTE S S. Chandler Park St | 0.58mi | 3/1.5 | 1,108 (-2%) | 3mo | $57,000 | $51 | 66 |
| 10904 N Mogul St | 0.48mi | 3/1.0 | 1,045 (-8%) | 0mo | $113,000 | $108 | 65 |
| 9771 Mckinney St | 0.57mi | 4/1.0 (+1) | 1,112 (-2%) | 2mo | $100,000 | $90 | 64 |
| 10326 Beaconsfield St | 0.45mi | 3/1.0 | 1,042 (-8%) | 3mo | $66,000 | $63 | 64 |
| 9817 Somerset Ave | 0.29mi | 3/1.0 | 1,290 (+14%) | 2mo | $30,000 | $23 | 61 |
| 9722 Everts St | 0.69mi | 3/1.0 | 1,178 (+4%) | 0mo | $147,000 | $125 | 60 |
| 5777 Lakepointe St | 0.44mi | 4/2.5 (+1) | 1,075 (-5%) | 2mo | $174,999 | $163 | 59 |
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
- IRR
- -5.6%
- Equity multiple
- 0.80×
- Total profit
- $-7,100
- Equity at exit
- $18,623
- IRR
- 1.3%
- Equity multiple
- 1.08×
- Total profit
- $2,832
- Equity at exit
- $10,799
Cash invested: $34,972 (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 48224
- Rents YoY
- 0.7%
- Active inventory
- 484
- Price-to-rent
- 7.8×
Monthly cashflow live
- Estimated rent
- $1,336 high interval (Pro) →
- Mortgage (P&I)
- −$655
- Tax from tax record
- −$95 /mo · $1,138/yr
- Insurance
- −$52
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$281
- Net cashflow
- $253
Break-even live
Sensitivity live
| Price | -10% $324 | -5% $289 | +0% $253 | +5% $218 | +10% $183 |
|---|---|---|---|---|---|
| Rent | -10% $148 | -5% $201 | +0% $253 | +5% $306 | +10% $359 |
| Rate | -1.0pp $316 | -0.5pp $285 | base $253 | +0.5pp $221 | +1.0pp $188 |
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
- $31,225
- Closing costs
- $3,747
- 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.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 9516 Wayburn St Detroit, MI | 2.0 | 1.0 | 800 | $950 | $1.19 | 18d | 1 | 0.07mi |
| 9400 Lakepointe St Detroit, MI | 3.0 | 1.0 | 1300 | $1,150 | $0.88 | 5d | 1 | 0.08mi |
| 9755 Wayburn St Detroit, MI | 3.0 | 2.0 | 1498 | $1,400 | $0.93 | 4d | 1 | 0.14mi |
| 9168 Wayburn St Detroit, MI | 3.0 | 1.0 | 1274 | $1,300 | $1.02 | 21d | 1 | 0.14mi |
| 9927 Beaconsfield St Detroit, MI | 3.0 | 1.0 | 942 | $1,375 | $1.46 | 15d | 1 | 0.17mi |
| 10141 Roxbury St Detroit, MI | 3.0 | 1.0 | 1115 | $1,000 | $0.90 | 44d | 1 | 0.17mi |
| 9984 Beaconsfield St Detroit, MI | 3.0 | 1.0 | 1222 | $1,575 | $1.29 | 44d | 1 | 0.24mi |
| 9747 Somerset Ave Detroit, MI | 2.0 | 1.0 | 797 | $1,100 | $1.38 | 44d | 1 | 0.25mi |
| 9409 Balfour Rd Detroit, MI | 3.0 | 1.0 | 1195 | $1,200 | $1.00 | 44d | 1 | 0.28mi |
| 10644 Stratman St Detroit, MI | 2.0 | 1.0 | 1000 | $1,200 | $1.20 | 18d | 1 | 0.35mi |
| 10724 Whitehill St Detroit, MI | 3.0 | 3.0 | 1425 | $1,550 | $1.09 | 18d | 1 | 0.37mi |
| 9190 Hayes St Unit 1 Detroit, MI | 2.0 | 1.0 | 750 | $850 | $1.13 | 15d | 1 | 0.38mi |
| 15857 Evanston St Detroit, MI | 3.0 | 1.5 | 1232 | $1,250 | $1.01 | 5d | 1 | 0.40mi |
| 10813 Whitehill St Detroit, MI | 3.0 | 1.0 | 1392 | $1,350 | $0.97 | 18d | 1 | 0.43mi |
| 5747 Lakepointe St Detroit, MI | 3.0 | 1.5 | 1316 | $1,473 | $1.12 | 44d | 1 | 0.45mi |
| 5751 Nottingham Rd Unit 5/21/26 Detroit, MI | 3.0 | 1.0 | 1100 | $1,250 | $1.14 | 15d | 1 | 0.45mi |
| 11018 Whitehill St Detroit, MI | 3.0 | 1.0 | 1146 | $1,450 | $1.27 | 11d | 1 | 0.51mi |
| 10803 Roxbury St Detroit, MI | 3.0 | 1.0 | 1150 | $900 | $0.78 | 21d | 1 | 0.65mi |
| 5574 Buckingham Ave Detroit, MI | 3.0 | 1.0 | 1430 | $1,450 | $1.01 | 5d | 1 | 0.67mi |
| 10404 Somerset Ave Detroit, MI | 3.0 | 1.0 | 1108 | $1,475 | $1.33 | 4d | 1 | 0.68mi |
| 9635 Everts St Detroit, MI | 4.0 | 2.0 | 1450 | $1,650 | $1.14 | 44d | 1 | 0.72mi |
| 5966 Eastlawn St Unit NA Detroit, MI | 3.0 | 1.5 | 1366 | $1,500 | $1.10 | 25d | 1 | 0.72mi |
| 13400 Longview St Detroit, MI | 3.0 | 1.5 | 1000 | $1,400 | $1.40 | 44d | 1 | 0.73mi |
| 5235 Chatsworth St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 44d | 1 | 0.76mi |
| 5267 Haverhill St Detroit, MI | 3.0 | 1.5 | 1458 | $1,300 | $0.89 | 17d | 1 | 0.80mi |
| 5267 Haverhill St Detroit, MI | 3.0 | 1.5 | 1458 | $1,300 | $0.89 | 18d | 1 | 0.80mi |
| 13137 Elmdale St Detroit, MI | 3.0 | 1.0 | 1115 | $1,400 | $1.26 | 25d | 1 | 0.83mi |
| 5112 Haverhill St Unit 1 Detroit, MI | 2.0 | 1.0 | 1000 | $1,100 | $1.10 | 44d | 1 | 0.88mi |
| 10037 Grayton St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 4d | 1 | 0.92mi |
| 10177 Boleyn St Detroit, MI | 3.0 | 1.0 | 767 | $1,250 | $1.63 | 44d | 1 | 0.95mi |
| 11235 Roxbury St Detroit, MI | 3.0 | 1.0 | 1062 | $1,325 | $1.25 | 18d | 1 | 0.96mi |
| 15000 Mayfield St Detroit, MI | 3.0 | 1.0 | 1146 | $970 | $0.85 | 18d | 1 | 0.97mi |
| 5031 Bedford St Detroit, MI | 2.0 | 1.0 | 876 | $1,870 | $2.13 | 0d | 1 | 0.99mi |
| 5783 Yorkshire Rd Detroit, MI | 2.0 | 1.0 | 1040 | $1,200 | $1.15 | 44d | 1 | 1.00mi |
| 5028 Bedford St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 5d | 1 | 1.01mi |
| 9241 Boleyn St Detroit, MI | 3.0 | 1.0 | 1350 | $1,350 | $1.00 | 44d | 1 | 1.02mi |
| 9313 Harvard Rd Detroit, MI | 3.0 | 1.5 | 1329 | $1,200 | $0.90 | 18d | 1 | 1.04mi |
| 10400 Britain St Detroit, MI | 3.0 | 1.0 | 890 | $1,100 | $1.24 | 44d | 1 | 1.08mi |
| 10370 Britain St Detroit, MI | 3.0 | 1.0 | 1100 | $1,100 | $1.00 | 44d | 1 | 1.09mi |
| 11689 Wayburn St Detroit, MI | 3.0 | 1.0 | 1142 | $1,350 | $1.18 | 44d | 1 | 1.11mi |
Listing history 34 events
-
2026-03-20status Pending 1370-char remark
Show marketing remark (1370 chars)
Welcome to 9500 Lakepointe St - an impressively renovated Detroit home that blends modern updates with timeless charm! This move-in ready residence features gleaming finished hardwood floors throughout, brand-new ceramic tile in the kitchen and bathroom, and a completely updated kitchen with new countertops, stylish cabinetry, and modern finishes. The bathroom has been fully renovated with fresh tile work, new fixtures, and a sleek design. Additional upgrades include new energy-efficient windows, a new roof, updated fixtures throughout, and a brand-new garage structure. For added peace of mind, a new furnace and hot water tank will be installed prior to closing. With all major mechanical and structural updates already completed, this home offers exceptional value and flexibility - ideal for first-time homebuyers or investors. Property may be purchased as an optional furnished short-term rental, with estimated gross income of approximately $3,000 per month and projected monthly expenses of $800–$1,000, depending on management. Purchase price is $124,900, with optional furnishings available for approximately $15,000. Buyer to verify short-term rental eligibility, zoning, and income potential. Windows are boarded for safety only. Don't miss your opportunity to own this beautifully updated, turnkey home - schedule your showing today!
-
2026-03-20status Pending
Show marketing remark (1370 chars)
Welcome to 9500 Lakepointe St - an impressively renovated Detroit home that blends modern updates with timeless charm! This move-in ready residence features gleaming finished hardwood floors throughout, brand-new ceramic tile in the kitchen and bathroom, and a completely updated kitchen with new countertops, stylish cabinetry, and modern finishes. The bathroom has been fully renovated with fresh tile work, new fixtures, and a sleek design. Additional upgrades include new energy-efficient windows, a new roof, updated fixtures throughout, and a brand-new garage structure. For added peace of mind, a new furnace and hot water tank will be installed prior to closing. With all major mechanical and structural updates already completed, this home offers exceptional value and flexibility - ideal for first-time homebuyers or investors. Property may be purchased as an optional furnished short-term rental, with estimated gross income of approximately $3,000 per month and projected monthly expenses of $800–$1,000, depending on management. Purchase price is $124,900, with optional furnishings available for approximately $15,000. Buyer to verify short-term rental eligibility, zoning, and income potential. Windows are boarded for safety only. Don't miss your opportunity to own this beautifully updated, turnkey home - schedule your showing today!
-
2026-01-08$124,900 Active 1370-char remark
Show marketing remark (1370 chars)
Welcome to 9500 Lakepointe St - an impressively renovated Detroit home that blends modern updates with timeless charm! This move-in ready residence features gleaming finished hardwood floors throughout, brand-new ceramic tile in the kitchen and bathroom, and a completely updated kitchen with new countertops, stylish cabinetry, and modern finishes. The bathroom has been fully renovated with fresh tile work, new fixtures, and a sleek design. Additional upgrades include new energy-efficient windows, a new roof, updated fixtures throughout, and a brand-new garage structure. For added peace of mind, a new furnace and hot water tank will be installed prior to closing. With all major mechanical and structural updates already completed, this home offers exceptional value and flexibility - ideal for first-time homebuyers or investors. Property may be purchased as an optional furnished short-term rental, with estimated gross income of approximately $3,000 per month and projected monthly expenses of $800–$1,000, depending on management. Purchase price is $124,900, with optional furnishings available for approximately $15,000. Buyer to verify short-term rental eligibility, zoning, and income potential. Windows are boarded for safety only. Don't miss your opportunity to own this beautifully updated, turnkey home - schedule your showing today!
-
2026-01-08$124,900 Active
Show marketing remark (1370 chars)
Welcome to 9500 Lakepointe St - an impressively renovated Detroit home that blends modern updates with timeless charm! This move-in ready residence features gleaming finished hardwood floors throughout, brand-new ceramic tile in the kitchen and bathroom, and a completely updated kitchen with new countertops, stylish cabinetry, and modern finishes. The bathroom has been fully renovated with fresh tile work, new fixtures, and a sleek design. Additional upgrades include new energy-efficient windows, a new roof, updated fixtures throughout, and a brand-new garage structure. For added peace of mind, a new furnace and hot water tank will be installed prior to closing. With all major mechanical and structural updates already completed, this home offers exceptional value and flexibility - ideal for first-time homebuyers or investors. Property may be purchased as an optional furnished short-term rental, with estimated gross income of approximately $3,000 per month and projected monthly expenses of $800–$1,000, depending on management. Purchase price is $124,900, with optional furnishings available for approximately $15,000. Buyer to verify short-term rental eligibility, zoning, and income potential. Windows are boarded for safety only. Don't miss your opportunity to own this beautifully updated, turnkey home - schedule your showing today!
-
2025-12-29historical
-
2025-12-29historical
-
2025-12-18$124,900 Active
-
2025-12-18$124,900 Active
-
2025-12-12historical
-
2025-12-12historical
-
2025-09-26price $124,900
-
2025-09-26price $124,900
-
2025-08-22$129,900 Active
-
2025-08-22$129,900 Active
-
2025-04-07soldstatus $45,000
-
2025-04-04soldstatus $51,000 Closed
-
2025-04-04soldstatus $51,000 Closed
-
2025-03-25status Pending
-
2025-03-25status Pending
-
2025-03-13$57,000 Active
-
2025-03-13$57,000 Active
-
2003-02-13historical
-
2002-08-13$85,000
-
1998-08-24soldstatus $47,000
-
1998-07-29soldstatus $32,250
-
1998-07-01soldstatus $47,000
-
1998-05-18historical
-
1998-05-13$47,900
-
1997-10-30soldstatus $35,250
-
1997-10-08historical
-
1997-09-02$36,750
-
1996-12-04historical
-
1996-06-04$49,900
-
1994-01-06soldstatus $21,854
ⓘ 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
- $1,138 · $95/mo
- Projected year-2 tax
- $1,531 · $128/mo
- Expected delta
- +$393/yr (+$33/mo · 34.5%)
ⓘ 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 · 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,030
- − Mortgage interest
- −$6,996
- − Property taxes
- −$1,138
- − Insurance
- −$624
- − Repairs & maintenance
- −$1,282
- − Management
- −$1,282
- − Depreciation
- −$3,633
- Taxable income
- $1,073
- Est. tax owed @ 24.0%
- −$257
- After-tax cash flow
- $2,784/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
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
- 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
+471.5% since first listed34 events — show timeline
- 2026-03-20 Pending — MiRealSource-MiMLS
- 2026-03-20 Pending — REALCOMP
- 2026-01-08 Listed $124,900 REALCOMP
- 2026-01-08 Listed $124,900 MiRealSource-MiMLS
- 2025-12-29 Listing Removed — MiRealSource-MiMLS
- 2025-12-29 Listing Removed — REALCOMP
- 2025-12-18 Listed $124,900 REALCOMP
- 2025-12-18 Listed $124,900 MiRealSource-MiMLS
- 2025-12-12 Listing Removed — REALCOMP
- 2025-12-12 Listing Removed — MiRealSource-MiMLS
- 2025-09-26 Price Changed $124,900 MiRealSource-MiMLS
- 2025-09-26 Price Changed $124,900 REALCOMP
- 2025-08-22 Listed $129,900 REALCOMP
- 2025-08-22 Listed $129,900 MiRealSource-MiMLS
- 2025-04-07 Sold (Public Records) $45,000 Public Records
- 2025-04-04 Sold (MLS) $51,000 REALCOMP
- 2025-04-04 Sold (MLS) $51,000 MiRealSource-MiMLS
- 2025-03-25 Pending — REALCOMP
- 2025-03-25 Pending — MiRealSource-MiMLS
- 2025-03-13 Listed $57,000 REALCOMP
- 2025-03-13 Listed $57,000 MiRealSource-MiMLS
- 2003-02-13 Listing Removed — REALCOMP
- 2002-08-13 Listed $85,000 REALCOMP
- 1998-08-24 Sold (Public Records) $47,000 Public Records
- 1998-07-29 Sold (Public Records) $32,250 Public Records
- 1998-07-01 Sold (MLS) $47,000 MiRealSource-MiMLS
- 1998-05-18 Listing Removed — MiRealSource-MiMLS
- 1998-05-13 Listed $47,900 MiRealSource-MiMLS
- 1997-10-30 Sold (MLS) $35,250 MiRealSource-MiMLS
- 1997-10-08 Listing Removed — MiRealSource-MiMLS
- 1997-09-02 Listed $36,750 MiRealSource-MiMLS
- 1996-12-04 Listing Removed — REALCOMP
- 1996-06-04 Listed $49,900 REALCOMP
- 1994-01-06 Sold (Public Records) $21,854 Public Records
Property tax history
-4.2%/yrLatest (2025): $1,138 · -53.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…