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11675 Laing St
C+ Composite 60.66
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 +26.5/30.0
  • DSCR +9.0/10.0
  • 1% rule +7.5/10.0
  • ARV discount +7.5/15.0
  • Livability +3.7/5.0
  • Rent growth +2.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$115,000

11675 Laing St · Detroit, MI 48224
4 bd · 1.0 ba · 1,329 sqft · SingleFamily public records · 118 Days on market
Built 1941 4,792 sqft lot $87/sqft · 30% above area

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Nestled at 11675 Laing ST, Detroit, MI, this single-family residence presents an inviting home, ready to welcome its next chapter. Imagine evenings spent in the living room, the fireplace casting a warm glow as you unwind from the day. The sunroom offers a tranquil retreat, a space bathed in natural light where you can pursue hobbies or simply relax with a favorite book. The kitchen is a study in refined elegance, featuring shaker cabinets that provide ample storage, stone countertops offering a smooth workspace, and a backsplash that brings a touch of artistry to the culinary experience. This Tudor-style home offers four bedrooms. Built in 1941, this residence harmoniously blends classic charm with modern comforts, creating a truly special place to call home.

Key facts

  • Stone countertops
  • Sunroom
  • Backsplash

Tags

FIREPLACESUNROOMSHAKER CABINETSSTONE COUNTERTOPSBACKSPLASH

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/1.0-bath single-family listed at $115k.

Deal economics

  • At list price, monthly cash flow is $304 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $115k).
  • Recommended offer: $105k (9.0% 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 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 38% 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 $795 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.

Negotiation context

  • It's been on market 118 days — a 9% lower offer ($105k) is reasonable based on typical stale-listing flexibility.
  • 13 sale attempts since 23y 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 $79k; 46% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $104,650 (9.0% below list)

Questions for the listing agent

  1. It's been on market 118 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1941 — 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
1.25%
Cap rate
9.46%
Cash-on-cash
11.32%
DSCR
1.50
GRM
6.7

CMA / ARV

ARV (median comp)
$71,168
List price
$115,000
Delta
61.59%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
11323 Lansdowne St 0.15mi 3/1.5 (-1) 1,397 (+5%) 2mo $133,282 $95 76
11742 Whitehill St 0.14mi 3/1.5 (-1) 1,228 (-8%) 1mo $61,000 $50 73
15430 Mapleridge St 0.52mi 4/1.5 1,320 (-1%) 1mo $123,000 $93 71
15469 Troester St 0.37mi 3/1.0 (-1) 1,375 (+4%) 1mo $60,000 $44 71
15411 Young St St 0.30mi 3/1.5 (-1) 1,240 (-7%) 2mo $95,000 $77 67
11336 Courville St 0.37mi 3/1.0 (-1) 1,425 (+7%) 0mo $62,500 $44 65
10185 Beaconsfield St 0.63mi 3/1.0 (-1) 1,300 (-2%) 2mo $73,000 $56 60
9922 Yorkshire Rd 0.71mi 3/2.0 (-1) 1,342 (+1%) 2mo $75,000 $56 54
12519 Riad St 0.54mi 3/1.0 (-1) 1,135 (-15%) 0mo $100,000 $88 45
9988 Somerset Ave 0.73mi 3/1.0 (-1) 1,206 (-9%) 1mo $130,000 $108 45
10318 Beaconsfield St 0.58mi 3/1.5 (-1) 1,146 (-14%) 1mo $78,000 $68 42
9722 Everts St 0.73mi 3/1.0 (-1) 1,178 (-11%) 0mo $147,000 $125 42

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
-2.1%
Equity multiple
0.92×
Total profit
$-2,461
Equity at exit
$17,147
10-year hold
IRR
4.9%
Equity multiple
1.32×
Total profit
$10,354
Equity at exit
$9,943

Cash invested: $32,200 (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.

ZIP-level market 48224

Rents YoY
0.7%
Active inventory
484
Price-to-rent
6.7×

Monthly cashflow live

Estimated rent
$1,437 high interval (Pro) →
Mortgage (P&I)
$603
Tax from tax record
$181 /mo · $2,172/yr
Insurance
$48
HOA
$0
Vacancy / Maint / Mgmt
$302
Net cashflow
$304

Break-even live

Break-even rent $1,053
Max offer price $115,000
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
$28,750
Closing costs
$3,450
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
11018 Whitehill St Detroit, MI 3.0 1.0 1146 $1,450 $1.27 11d 1 0.32mi
10803 Roxbury St Detroit, MI 3.0 1.0 1150 $900 $0.78 20d 1 0.36mi
11911 Lansdowne St Detroit, MI 4.0 1.0 1350 $1,400 $1.04 43d 1 0.38mi
11689 Wayburn St Detroit, MI 3.0 1.0 1142 $1,350 $1.18 43d 1 0.38mi
11235 Roxbury St Detroit, MI 3.0 1.0 1062 $1,325 $1.25 17d 1 0.41mi
10813 Whitehill St Detroit, MI 3.0 1.0 1392 $1,350 $0.97 17d 1 0.43mi
11620 Rossiter St Detroit, MI 3.0 1.0 1140 $1,200 $1.05 17d 1 0.45mi
10724 Whitehill St Detroit, MI 3.0 3.0 1425 $1,550 $1.09 17d 1 0.49mi
15494 Mapleridge St Detroit, MI 3.0 1.0 937 $1,275 $1.36 43d 1 0.52mi
15000 Mayfield St Detroit, MI 3.0 1.0 1146 $970 $0.85 17d 1 0.53mi
10404 Somerset Ave Detroit, MI 3.0 1.0 1108 $1,475 $1.33 3d 1 0.56mi
11776 Rossiter St Detroit, MI 3.0 1.0 964 $1,150 $1.19 11d 1 0.57mi
15010 Cedargrove St Detroit, MI 3.0 1.5 1018 $1,350 $1.33 43d 1 0.58mi
10141 Roxbury St Detroit, MI 3.0 1.0 1115 $1,000 $0.90 43d 1 0.66mi
10030 Bishop St Detroit, MI 5.0 2.0 1721 $1,200 $0.70 17d 1 0.68mi
12716 Riad St Detroit, MI 3.0 1.0 974 $1,275 $1.31 17d 1 0.69mi
9984 Beaconsfield St Detroit, MI 3.0 1.0 1222 $1,575 $1.29 43d 1 0.72mi
9927 Beaconsfield St Detroit, MI 3.0 1.0 942 $1,375 $1.46 15d 1 0.74mi
9755 Wayburn St Detroit, MI 3.0 2.0 1498 $1,400 $0.93 3d 1 0.75mi
10400 Britain St Detroit, MI 3.0 1.0 890 $1,100 $1.24 43d 1 0.77mi
12075 Rossiter St Detroit, MI 3.0 1.0 1100 $1,245 $1.13 43d 1 0.77mi
12075 Rossiter St Detroit, MI 3.0 1.0 1100 $1,245 $1.13 15d 1 0.77mi
10037 Grayton St Detroit, MI 3.0 1.0 1000 $1,400 $1.40 3d 1 0.78mi
9635 Everts St Detroit, MI 4.0 2.0 1450 $1,650 $1.14 43d 1 0.79mi
10370 Britain St Detroit, MI 3.0 1.0 1100 $1,100 $1.00 43d 1 0.79mi
10692 Meuse St Detroit, MI 3.0 1.0 955 $1,250 $1.31 12d 1 0.81mi
9313 Harvard Rd Detroit, MI 3.0 1.5 1329 $1,200 $0.90 17d 1 0.85mi
9241 Boleyn St Detroit, MI 3.0 1.0 1350 $1,350 $1.00 43d 1 0.88mi
9171 Bishop St Detroit, MI 4.0 1.0 1508 $1,300 $0.86 43d 1 0.90mi
9400 Lakepointe St Detroit, MI 3.0 1.0 1300 $1,150 $0.88 5d 1 0.91mi
9142 Yorkshire Rd Detroit, MI 5.0 1.5 1450 $1,700 $1.17 1d 1 0.91mi
9409 Balfour Rd Detroit, MI 3.0 1.0 1195 $1,200 $1.00 43d 1 0.92mi
15857 Evanston St Detroit, MI 3.0 1.5 1232 $1,250 $1.01 5d 1 0.93mi
15616 E 7 Mile Rd Detroit, MI 3.0 1.5 1150 $1,150 $1.00 17d 1 0.93mi
9168 Wayburn St Detroit, MI 3.0 1.0 1274 $1,300 $1.02 20d 1 0.96mi
18530 Kingsville St Harper Woods, MI 3.0 1.5 1396 $1,375 $0.98 17d 1 0.98mi
19435 McCormick St Detroit, MI 3.0 2.0 1148 $1,300 $1.13 17d 1 1.01mi
14201 Mayfield St Detroit, MI 4.0 1.5 1296 $1,250 $0.96 43d 1 1.01mi
15909 Maddelein St Detroit, MI 3.0 1.0 894 $1,266 $1.42 43d 1 1.02mi
19365 Kingsville St Harper Woods, MI 4.0 1.5 996 $1,650 $1.66 14d 1 1.03mi

Listing history 32 events

  1. 2026-05-20
    status Pending 770-char remark
    Show marketing remark (770 chars)

    Nestled at 11675 Laing ST, Detroit, MI, this single-family residence presents an inviting home, ready to welcome its next chapter. Imagine evenings spent in the living room, the fireplace casting a warm glow as you unwind from the day. The sunroom offers a tranquil retreat, a space bathed in natural light where you can pursue hobbies or simply relax with a favorite book. The kitchen is a study in refined elegance, featuring shaker cabinets that provide ample storage, stone countertops offering a smooth workspace, and a backsplash that brings a touch of artistry to the culinary experience. This Tudor-style home offers four bedrooms. Built in 1941, this residence harmoniously blends classic charm with modern comforts, creating a truly special place to call home.

  2. 2026-05-20
    status Pending 770-char remark
    Show marketing remark (770 chars)

    Nestled at 11675 Laing ST, Detroit, MI, this single-family residence presents an inviting home, ready to welcome its next chapter. Imagine evenings spent in the living room, the fireplace casting a warm glow as you unwind from the day. The sunroom offers a tranquil retreat, a space bathed in natural light where you can pursue hobbies or simply relax with a favorite book. The kitchen is a study in refined elegance, featuring shaker cabinets that provide ample storage, stone countertops offering a smooth workspace, and a backsplash that brings a touch of artistry to the culinary experience. This Tudor-style home offers four bedrooms. Built in 1941, this residence harmoniously blends classic charm with modern comforts, creating a truly special place to call home.

  3. 2026-05-08
    status Active 770-char remark
    Show marketing remark (770 chars)

    Nestled at 11675 Laing ST, Detroit, MI, this single-family residence presents an inviting home, ready to welcome its next chapter. Imagine evenings spent in the living room, the fireplace casting a warm glow as you unwind from the day. The sunroom offers a tranquil retreat, a space bathed in natural light where you can pursue hobbies or simply relax with a favorite book. The kitchen is a study in refined elegance, featuring shaker cabinets that provide ample storage, stone countertops offering a smooth workspace, and a backsplash that brings a touch of artistry to the culinary experience. This Tudor-style home offers four bedrooms. Built in 1941, this residence harmoniously blends classic charm with modern comforts, creating a truly special place to call home.

  4. 2026-05-08
    status Active 770-char remark
    Show marketing remark (770 chars)

    Nestled at 11675 Laing ST, Detroit, MI, this single-family residence presents an inviting home, ready to welcome its next chapter. Imagine evenings spent in the living room, the fireplace casting a warm glow as you unwind from the day. The sunroom offers a tranquil retreat, a space bathed in natural light where you can pursue hobbies or simply relax with a favorite book. The kitchen is a study in refined elegance, featuring shaker cabinets that provide ample storage, stone countertops offering a smooth workspace, and a backsplash that brings a touch of artistry to the culinary experience. This Tudor-style home offers four bedrooms. Built in 1941, this residence harmoniously blends classic charm with modern comforts, creating a truly special place to call home.

  5. 2026-04-22
    status Pending 770-char remark
    Show marketing remark (770 chars)

    Nestled at 11675 Laing ST, Detroit, MI, this single-family residence presents an inviting home, ready to welcome its next chapter. Imagine evenings spent in the living room, the fireplace casting a warm glow as you unwind from the day. The sunroom offers a tranquil retreat, a space bathed in natural light where you can pursue hobbies or simply relax with a favorite book. The kitchen is a study in refined elegance, featuring shaker cabinets that provide ample storage, stone countertops offering a smooth workspace, and a backsplash that brings a touch of artistry to the culinary experience. This Tudor-style home offers four bedrooms. Built in 1941, this residence harmoniously blends classic charm with modern comforts, creating a truly special place to call home.

  6. 2026-04-22
    status Pending 770-char remark
    Show marketing remark (770 chars)

    Nestled at 11675 Laing ST, Detroit, MI, this single-family residence presents an inviting home, ready to welcome its next chapter. Imagine evenings spent in the living room, the fireplace casting a warm glow as you unwind from the day. The sunroom offers a tranquil retreat, a space bathed in natural light where you can pursue hobbies or simply relax with a favorite book. The kitchen is a study in refined elegance, featuring shaker cabinets that provide ample storage, stone countertops offering a smooth workspace, and a backsplash that brings a touch of artistry to the culinary experience. This Tudor-style home offers four bedrooms. Built in 1941, this residence harmoniously blends classic charm with modern comforts, creating a truly special place to call home.

  7. 2026-01-14
    status Active 770-char remark
    Show marketing remark (770 chars)

    Nestled at 11675 Laing ST, Detroit, MI, this single-family residence presents an inviting home, ready to welcome its next chapter. Imagine evenings spent in the living room, the fireplace casting a warm glow as you unwind from the day. The sunroom offers a tranquil retreat, a space bathed in natural light where you can pursue hobbies or simply relax with a favorite book. The kitchen is a study in refined elegance, featuring shaker cabinets that provide ample storage, stone countertops offering a smooth workspace, and a backsplash that brings a touch of artistry to the culinary experience. This Tudor-style home offers four bedrooms. Built in 1941, this residence harmoniously blends classic charm with modern comforts, creating a truly special place to call home.

  8. 2026-01-14
    status Active 770-char remark
    Show marketing remark (770 chars)

    Nestled at 11675 Laing ST, Detroit, MI, this single-family residence presents an inviting home, ready to welcome its next chapter. Imagine evenings spent in the living room, the fireplace casting a warm glow as you unwind from the day. The sunroom offers a tranquil retreat, a space bathed in natural light where you can pursue hobbies or simply relax with a favorite book. The kitchen is a study in refined elegance, featuring shaker cabinets that provide ample storage, stone countertops offering a smooth workspace, and a backsplash that brings a touch of artistry to the culinary experience. This Tudor-style home offers four bedrooms. Built in 1941, this residence harmoniously blends classic charm with modern comforts, creating a truly special place to call home.

  9. 2026-01-07
    status Pending 770-char remark
    Show marketing remark (770 chars)

    Nestled at 11675 Laing ST, Detroit, MI, this single-family residence presents an inviting home, ready to welcome its next chapter. Imagine evenings spent in the living room, the fireplace casting a warm glow as you unwind from the day. The sunroom offers a tranquil retreat, a space bathed in natural light where you can pursue hobbies or simply relax with a favorite book. The kitchen is a study in refined elegance, featuring shaker cabinets that provide ample storage, stone countertops offering a smooth workspace, and a backsplash that brings a touch of artistry to the culinary experience. This Tudor-style home offers four bedrooms. Built in 1941, this residence harmoniously blends classic charm with modern comforts, creating a truly special place to call home.

  10. 2026-01-07
    status Pending 770-char remark
    Show marketing remark (770 chars)

    Nestled at 11675 Laing ST, Detroit, MI, this single-family residence presents an inviting home, ready to welcome its next chapter. Imagine evenings spent in the living room, the fireplace casting a warm glow as you unwind from the day. The sunroom offers a tranquil retreat, a space bathed in natural light where you can pursue hobbies or simply relax with a favorite book. The kitchen is a study in refined elegance, featuring shaker cabinets that provide ample storage, stone countertops offering a smooth workspace, and a backsplash that brings a touch of artistry to the culinary experience. This Tudor-style home offers four bedrooms. Built in 1941, this residence harmoniously blends classic charm with modern comforts, creating a truly special place to call home.

  11. 2025-12-30
    listed $115,000 Active 770-char remark
    Show marketing remark (770 chars)

    Nestled at 11675 Laing ST, Detroit, MI, this single-family residence presents an inviting home, ready to welcome its next chapter. Imagine evenings spent in the living room, the fireplace casting a warm glow as you unwind from the day. The sunroom offers a tranquil retreat, a space bathed in natural light where you can pursue hobbies or simply relax with a favorite book. The kitchen is a study in refined elegance, featuring shaker cabinets that provide ample storage, stone countertops offering a smooth workspace, and a backsplash that brings a touch of artistry to the culinary experience. This Tudor-style home offers four bedrooms. Built in 1941, this residence harmoniously blends classic charm with modern comforts, creating a truly special place to call home.

  12. 2025-12-30
    listed $115,000 Active 770-char remark
    Show marketing remark (770 chars)

    Nestled at 11675 Laing ST, Detroit, MI, this single-family residence presents an inviting home, ready to welcome its next chapter. Imagine evenings spent in the living room, the fireplace casting a warm glow as you unwind from the day. The sunroom offers a tranquil retreat, a space bathed in natural light where you can pursue hobbies or simply relax with a favorite book. The kitchen is a study in refined elegance, featuring shaker cabinets that provide ample storage, stone countertops offering a smooth workspace, and a backsplash that brings a touch of artistry to the culinary experience. This Tudor-style home offers four bedrooms. Built in 1941, this residence harmoniously blends classic charm with modern comforts, creating a truly special place to call home.

  13. 2021-02-04
    soldstatus $79,000
  14. 2020-10-23
    soldstatus $622,500
  15. 2019-03-19
    soldstatus $370,000
  16. 2013-10-17
    soldstatus $12,500
  17. 2013-10-17
    soldstatus $12,500
  18. 2013-09-21
    historical
  19. 2013-09-21
    historical
  20. 2013-09-05
    historical
  21. 2013-08-30
    listed $14,900
  22. 2013-08-30
    listed $14,900
  23. 2013-08-21
    historical
  24. 2013-08-21
    historical
  25. 2013-05-02
    listed $5,000
  26. 2013-05-02
    historical
  27. 2013-05-02
    listed $5,000
  28. 2013-04-01
    listed $22,000
  29. 2013-04-01
    listed $22,000
  30. 2004-11-26
    historical
  31. 2003-11-26
    listed $97,000
  32. 1994-01-11
    soldstatus $30,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

Current annual tax
$2,172 · $181/mo
Projected year-2 tax
$2,172 · $181/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥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
$17,250
− Mortgage interest
−$6,442
− Property taxes
−$2,172
− Insurance
−$575
− Repairs & maintenance
−$1,380
− Management
−$1,380
− Depreciation
−$3,345
Taxable income
$1,956
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$469
After-tax cash flow
$3,174/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

Price history

+283.3% since first listed
32 events — show timeline
  • 2026-05-20 Pending MiRealSource-MiMLS
  • 2026-05-20 Pending REALCOMP
  • 2026-05-08 Relisted MiRealSource-MiMLS
  • 2026-05-08 Relisted REALCOMP
  • 2026-04-22 Pending MiRealSource-MiMLS
  • 2026-04-22 Pending REALCOMP
  • 2026-01-14 Relisted MiRealSource-MiMLS
  • 2026-01-14 Relisted REALCOMP
  • 2026-01-07 Pending MiRealSource-MiMLS
  • 2026-01-07 Pending REALCOMP
  • 2025-12-30 Listed $115,000 REALCOMP
  • 2025-12-30 Listed $115,000 MiRealSource-MiMLS
  • 2021-02-04 Sold (Public Records) $79,000 Public Records
  • 2020-10-23 Sold (Public Records) $622,500 Public Records
  • 2019-03-19 Sold (Public Records) $370,000 Public Records
  • 2013-10-17 Sold (MLS) $12,500 REALCOMP
  • 2013-10-17 Sold (MLS) $12,500 MiRealSource-MiMLS
  • 2013-09-21 Listing Removed REALCOMP
  • 2013-09-21 Listing Removed MiRealSource-MiMLS
  • 2013-09-05 Listing Removed MiRealSource-MiMLS
  • 2013-08-30 Listed $14,900 REALCOMP
  • 2013-08-30 Listed $14,900 MiRealSource-MiMLS
  • 2013-08-21 Listing Removed MiRealSource-MiMLS
  • 2013-08-21 Listing Removed REALCOMP
  • 2013-05-02 Listed $5,000 REALCOMP
  • 2013-05-02 Listing Removed REALCOMP
  • 2013-05-02 Listed $5,000 MiRealSource-MiMLS
  • 2013-04-01 Listed $22,000 MiRealSource-MiMLS
  • 2013-04-01 Listed $22,000 REALCOMP
  • 2004-11-26 Listing Removed REALCOMP
  • 2003-11-26 Listed $97,000 REALCOMP
  • 1994-01-11 Sold (Public Records) $30,000 Public Records

Property tax history

+9.9%/yr

Latest (2025): $2,172 · -54.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…