6306 Farmbrook 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 96°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
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- 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
$84,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Investor Alert or First-Time Homebuyer Gem! Located in Detroit's vibrant Cornerstone Village neighborhood, this 3-bedroom, 1-bath brick bungalow presents an outstanding opportunity. Detached 2-car garage is great for extra storage or to park that daily driver in the winter. This property is move-in ready and poised for appreciation. Schedule your showing now!
Key facts
- Move-in ready
- 4,792 sq ft lot
- 2 garage spots
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $85k.
Deal economics
- At list price, monthly cash flow is $406 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $85k).
- Recommended offer: $75k (12.0% 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 22d 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 $587 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 $24k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- It's been on market 401 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
- 18 sale attempts since 30y ago; this cycle's ask is 6975% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Risks & watch-outs
- Watch-outs: property tax is 2.5% of price; built in 1948 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 401 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- 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?
- 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
- 1.59% ✓
- Cap rate
- 12.03%
- Cash-on-cash
- 20.47%
- DSCR
- 1.91
- GRM
- 5.2
CMA / ARV
- ARV (median comp)
- $120,289
- List price
- $84,900
- Delta
- -29.42%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 6135 Marseilles St | 0.16mi | 3/1.0 | 988 (+2%) | 0mo | $55,000 | $56 | 88 |
| 5981 University Pl | 0.26mi | 3/1.0 | 964 (-0%) | 3mo | $64,000 | $66 | 85 |
| 6156 Lodewyck St | 0.09mi | 3/1.0 | 900 (-7%) | 1mo | $51,000 | $57 | 84 |
| 19134 Mallina St | 0.29mi | 3/1.0 | 1,032 (+7%) | 2mo | $179,000 | $173 | 74 |
| 6106 Oldtown St | 0.55mi | 3/1.5 | 961 (-0%) | 1mo | $132,000 | $137 | 71 |
| 10945 Peerless St | 0.69mi | 3/1.0 | 964 (-0%) | 2mo | $54,000 | $56 | 66 |
| 20300 Mccormick St | 0.63mi | 3/1.0 | 940 (-3%) | 1mo | $60,000 | $64 | 66 |
| 18904 Mallina St | 0.18mi | 3/1.0 | 1,107 (+15%) | 2mo | $85,575 | $77 | 65 |
| 20244 Mccormick St | 0.68mi | 3/1.0 | 1,000 (+4%) | 1mo | $75,000 | $75 | 61 |
| 5220 University Pl | 0.63mi | 2/1.0 (-1) | 1,001 (+4%) | 0mo | $40,000 | $40 | 59 |
| 21628 Newcastle Rd | 0.52mi | 3/1.0 | 1,079 (+12%) | 0mo | $173,500 | $161 | 56 |
| 6304 Bluehill St | 0.48mi | 3/1.0 | 1,088 (+13%) | 3mo | $99,000 | $91 | 54 |
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
- 10.0%
- Equity multiple
- 1.38×
- Total profit
- $9,126
- Equity at exit
- $12,659
- IRR
- 17.1%
- Equity multiple
- 2.25×
- Total profit
- $29,666
- Equity at exit
- $7,341
Cash invested: $23,772 (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
- 5.2×
Monthly cashflow live
- Estimated rent
- $1,348 high interval (Pro) →
- Mortgage (P&I)
- −$445
- Tax from tax record
- −$179 /mo · $2,146/yr
- Insurance
- −$35
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$283
- Net cashflow
- $406
Break-even live
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
- $21,225
- Closing costs
- $2,547
- 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 |
|---|---|---|---|---|---|---|---|---|
| 6301 Lodewyck St Detroit, MI | 3.0 | 1.0 | 1084 | $1,300 | $1.20 | 12d | 1 | 0.07mi |
| 6175 Marseilles St Detroit, MI | 3.0 | 1.0 | 1100 | $1,100 | $1.00 | 44d | 1 | 0.14mi |
| 17720 Chester St Detroit, MI | 2.0 | 1.0 | 986 | $1,250 | $1.27 | 44d | 1 | 0.17mi |
| 17710 Chester St Detroit, MI | 2.0 | 1.0 | 984 | $1,250 | $1.27 | 44d | 1 | 0.17mi |
| 5915 Farmbrook St Detroit, MI | 3.0 | 1.5 | 1000 | $1,250 | $1.25 | 24d | 1 | 0.25mi |
| 6325 Neff Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,500 | $1.50 | 3d | 1 | 0.34mi |
| 6181 Neff Ave Detroit, MI | 3.0 | 1.0 | 1102 | $1,299 | $1.18 | 18d | 1 | 0.34mi |
| 21401 Kingsville St Harper Woods, MI | 2.0 | 1.0 | 944 | $1,200 | $1.27 | 24d | 1 | 0.35mi |
| 19203 Edgefield St Harper Woods, MI | 2.0 | 1.0 | 1100 | $1,100 | $1.00 | 24d | 1 | 0.36mi |
| 5786 Neff Ave Detroit, MI | 3.0 | 1.5 | 1100 | $1,225 | $1.11 | 17d | 1 | 0.43mi |
| 10542 Lanark St Detroit, MI | 3.0 | 1.0 | 1023 | $1,250 | $1.22 | 44d | 1 | 0.46mi |
| 6304 Bluehill St Detroit, MI | 3.0 | 1.0 | 1088 | $1,500 | $1.38 | 44d | 1 | 0.48mi |
| 5955 Guilford St Detroit, MI | 3.0 | 1.0 | 802 | $1,400 | $1.75 | 17d | 1 | 0.50mi |
| 20461 Kingsville St Harper Woods, MI | 4.0 | 1.0 | 1100 | $1,399 | $1.27 | 15d | 1 | 0.59mi |
| 22144 Moross Rd Grosse Pointe, MI | 2.0 | 1.0 | 819 | $1,350 | $1.65 | 3d | 1 | 0.61mi |
| 22144 Moross Rd Grosse Pointe, MI | 2.0 | 1.0 | 819 | $1,350 | $1.65 | 18d | 1 | 0.61mi |
| 22148 Moross Rd Grosse Pointe, MI | 2.0 | 1.0 | 819 | $1,250 | $1.53 | 17d | 1 | 0.62mi |
| 22148 Moross Rd Grosse Pointe, MI | 2.0 | 1.0 | 819 | $1,250 | $1.53 | 3d | 1 | 0.62mi |
| 10985 Peerless St Detroit, MI | 3.0 | 1.0 | 1000 | $1,364 | $1.36 | 5d | 1 | 0.69mi |
| 10692 Meuse St Detroit, MI | 3.0 | 1.0 | 955 | $1,250 | $1.31 | 12d | 1 | 0.78mi |
| 10370 Britain St Detroit, MI | 3.0 | 1.0 | 1100 | $1,100 | $1.00 | 44d | 1 | 0.80mi |
| 19982 McCormick St Detroit, MI | 3.0 | 1.0 | 866 | $1,200 | $1.39 | 4d | 1 | 0.80mi |
| 10400 Britain St Detroit, MI | 3.0 | 1.0 | 890 | $1,100 | $1.24 | 44d | 1 | 0.83mi |
| 10177 Boleyn St Detroit, MI | 3.0 | 1.0 | 767 | $1,250 | $1.63 | 44d | 1 | 0.89mi |
| 10037 Grayton St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 4d | 1 | 0.90mi |
| 5783 Yorkshire Rd Detroit, MI | 2.0 | 1.0 | 1040 | $1,200 | $1.15 | 44d | 1 | 0.91mi |
| 19639 Moross Rd Unit 1 Detroit, MI | 2.0 | 1.0 | 900 | $1,100 | $1.22 | 44d | 1 | 1.01mi |
| 4865 Cadieux Rd Unit 11 Detroit, MI | 2.0 | 1.0 | 630 | $1,200 | $1.90 | 44d | 1 | 1.04mi |
| 4837 Cadieux Rd Unit 9 Detroit, MI | 2.0 | 1.0 | 650 | $1,200 | $1.85 | 44d | 1 | 1.06mi |
| 19661 Kenosha St Harper Woods, MI | 3.0 | 2.0 | 1000 | $1,400 | $1.40 | 24d | 1 | 1.06mi |
| 4811 Cadieux Rd Unit 10 Detroit, MI | 2.0 | 1.0 | 663 | $1,200 | $1.81 | 44d | 1 | 1.08mi |
| 4811 Cadieux Rd Unit 11 Detroit, MI | 2.0 | 1.0 | 663 | $1,200 | $1.81 | 22d | 1 | 1.08mi |
| 17137 Ontario St Unit 1 Detroit, MI | 2.0 | 1.0 | 982 | $1,123 | $1.14 | 24d | 1 | 1.08mi |
| 19442 Kingsville St Harper Woods, MI | 3.0 | 1.0 | 1000 | $1,500 | $1.50 | 17d | 1 | 1.11mi |
| 11529 Roxbury St Detroit, MI | 2.0 | 1.0 | 720 | $1,200 | $1.67 | 12d | 1 | 1.12mi |
| 10404 Somerset Ave Detroit, MI | 3.0 | 1.0 | 1108 | $1,475 | $1.33 | 4d | 1 | 1.17mi |
| 11235 Roxbury St Detroit, MI | 3.0 | 1.0 | 1062 | $1,325 | $1.25 | 17d | 1 | 1.19mi |
| 19365 Kingsville St Harper Woods, MI | 4.0 | 1.5 | 996 | $1,650 | $1.66 | 15d | 1 | 1.19mi |
| 11776 Rossiter St Detroit, MI | 3.0 | 1.0 | 964 | $1,150 | $1.19 | 11d | 1 | 1.21mi |
| 11611 Morang Ave Detroit, MI | 1.0–2.0 | 1.0 | 709 | $1,040 | $1.47 | 44d | 1 | 1.21mi |
Listing history 50 events
-
2026-06-18days on market $84,900 Active 401 DOM
-
2026-06-17days on market $84,900 Active 400 DOM
-
2026-06-15days on market $84,900 Active 398 DOM
-
2026-06-13days on market $84,900 Active 396 DOM
-
2026-06-13days on market $84,900 Active 395 DOM
-
2026-06-09days on market $84,900 Active 392 DOM
-
2026-06-08days on market $84,900 Active 391 DOM
-
2026-06-07days on market $84,900 Active 390 DOM
-
2026-06-04days on market $84,900 Active 387 DOM
-
2026-06-03days on market $84,900 Active 386 DOM
-
2026-06-01days on market $84,900 Active 384 DOM
-
2026-05-31days on market $84,900 Active 383 DOM
-
2026-05-16price $84,900 361-char remark
Show marketing remark (361 chars)
Investor Alert or First-Time Homebuyer Gem! Located in Detroit's vibrant Cornerstone Village neighborhood, this 3-bedroom, 1-bath brick bungalow presents an outstanding opportunity. Detached 2-car garage is great for extra storage or to park that daily driver in the winter. This property is move-in ready and poised for appreciation. Schedule your showing now!
-
2026-05-15price $84,900 361-char remark
Show marketing remark (361 chars)
Investor Alert or First-Time Homebuyer Gem! Located in Detroit's vibrant Cornerstone Village neighborhood, this 3-bedroom, 1-bath brick bungalow presents an outstanding opportunity. Detached 2-car garage is great for extra storage or to park that daily driver in the winter. This property is move-in ready and poised for appreciation. Schedule your showing now!
-
2026-03-02price $84,500 361-char remark
Show marketing remark (361 chars)
Investor Alert or First-Time Homebuyer Gem! Located in Detroit's vibrant Cornerstone Village neighborhood, this 3-bedroom, 1-bath brick bungalow presents an outstanding opportunity. Detached 2-car garage is great for extra storage or to park that daily driver in the winter. This property is move-in ready and poised for appreciation. Schedule your showing now!
-
2026-03-01price $84,500 361-char remark
Show marketing remark (361 chars)
Investor Alert or First-Time Homebuyer Gem! Located in Detroit's vibrant Cornerstone Village neighborhood, this 3-bedroom, 1-bath brick bungalow presents an outstanding opportunity. Detached 2-car garage is great for extra storage or to park that daily driver in the winter. This property is move-in ready and poised for appreciation. Schedule your showing now!
-
2025-12-17price $1,150
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2025-11-15$1,200
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2025-09-06price $95,000 361-char remark
Show marketing remark (361 chars)
Investor Alert or First-Time Homebuyer Gem! Located in Detroit's vibrant Cornerstone Village neighborhood, this 3-bedroom, 1-bath brick bungalow presents an outstanding opportunity. Detached 2-car garage is great for extra storage or to park that daily driver in the winter. This property is move-in ready and poised for appreciation. Schedule your showing now!
-
2025-09-05price $95,000 361-char remark
Show marketing remark (361 chars)
Investor Alert or First-Time Homebuyer Gem! Located in Detroit's vibrant Cornerstone Village neighborhood, this 3-bedroom, 1-bath brick bungalow presents an outstanding opportunity. Detached 2-car garage is great for extra storage or to park that daily driver in the winter. This property is move-in ready and poised for appreciation. Schedule your showing now!
-
2025-08-11price $97,000 361-char remark
Show marketing remark (361 chars)
Investor Alert or First-Time Homebuyer Gem! Located in Detroit's vibrant Cornerstone Village neighborhood, this 3-bedroom, 1-bath brick bungalow presents an outstanding opportunity. Detached 2-car garage is great for extra storage or to park that daily driver in the winter. This property is move-in ready and poised for appreciation. Schedule your showing now!
-
2025-08-11price $97,000 361-char remark
Show marketing remark (361 chars)
Investor Alert or First-Time Homebuyer Gem! Located in Detroit's vibrant Cornerstone Village neighborhood, this 3-bedroom, 1-bath brick bungalow presents an outstanding opportunity. Detached 2-car garage is great for extra storage or to park that daily driver in the winter. This property is move-in ready and poised for appreciation. Schedule your showing now!
-
2025-06-20price $105,000 361-char remark
Show marketing remark (361 chars)
Investor Alert or First-Time Homebuyer Gem! Located in Detroit's vibrant Cornerstone Village neighborhood, this 3-bedroom, 1-bath brick bungalow presents an outstanding opportunity. Detached 2-car garage is great for extra storage or to park that daily driver in the winter. This property is move-in ready and poised for appreciation. Schedule your showing now!
-
2025-06-20price $105,000 361-char remark
Show marketing remark (361 chars)
Investor Alert or First-Time Homebuyer Gem! Located in Detroit's vibrant Cornerstone Village neighborhood, this 3-bedroom, 1-bath brick bungalow presents an outstanding opportunity. Detached 2-car garage is great for extra storage or to park that daily driver in the winter. This property is move-in ready and poised for appreciation. Schedule your showing now!
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2025-05-13$111,000 Active 361-char remark
Show marketing remark (361 chars)
Investor Alert or First-Time Homebuyer Gem! Located in Detroit's vibrant Cornerstone Village neighborhood, this 3-bedroom, 1-bath brick bungalow presents an outstanding opportunity. Detached 2-car garage is great for extra storage or to park that daily driver in the winter. This property is move-in ready and poised for appreciation. Schedule your showing now!
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2025-05-13$111,000 Active 361-char remark
Show marketing remark (361 chars)
Investor Alert or First-Time Homebuyer Gem! Located in Detroit's vibrant Cornerstone Village neighborhood, this 3-bedroom, 1-bath brick bungalow presents an outstanding opportunity. Detached 2-car garage is great for extra storage or to park that daily driver in the winter. This property is move-in ready and poised for appreciation. Schedule your showing now!
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2025-01-08historical
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2025-01-08historical
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2024-09-24$99,000 Active
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2024-09-24$99,000 Active
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2023-07-16historical
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2022-01-07soldstatus $74,000
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2021-12-31soldstatus $74,000 Sold
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2021-12-31soldstatus $74,000 Closed
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2021-12-10status Pending
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2021-12-10status Pending
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2021-12-09status Active
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2021-12-09status Active
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2021-11-23historical
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2021-11-23historical
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2021-11-17$75,000 Active
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2021-11-17$75,000 Active
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2021-10-06historical
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2021-09-29price $78,000
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2021-09-29price $78,000
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2021-09-29status Active
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2021-09-20historical
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2021-06-18status Active
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2021-06-17historical Accepting Backup Offers
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2021-05-28price $82,000
ⓘ 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
- $2,146 · $179/mo
- Projected year-2 tax
- $2,146 · $179/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 ≥96°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 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
- $16,177
- − Mortgage interest
- −$4,756
- − Property taxes
- −$2,146
- − Insurance
- −$424
- − Repairs & maintenance
- −$1,294
- − Management
- −$1,294
- − Depreciation
- −$2,470
- Taxable income
- $3,793
- Est. tax owed @ 24.0%
- −$910
- After-tax cash flow
- $3,956/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 |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
+63.6% since first listed56 events — show timeline
- 2026-05-16 Price Changed $84,900 MiRealSource-MiMLS
- 2026-05-15 Price Changed $84,900 REALCOMP
- 2026-03-02 Price Changed $84,500 MiRealSource-MiMLS
- 2026-03-01 Price Changed $84,500 REALCOMP
- 2025-12-17 Price Changed $1,150 REALSOURCE
- 2025-11-15 Listed for Rent $1,200 REALSOURCE
- 2025-09-06 Price Changed $95,000 MiRealSource-MiMLS
- 2025-09-05 Price Changed $95,000 REALCOMP
- 2025-08-11 Price Changed $97,000 MiRealSource-MiMLS
- 2025-08-11 Price Changed $97,000 REALCOMP
- 2025-06-20 Price Changed $105,000 MiRealSource-MiMLS
- 2025-06-20 Price Changed $105,000 REALCOMP
- 2025-05-13 Listed $111,000 REALCOMP
- 2025-05-13 Listed $111,000 MiRealSource-MiMLS
- 2025-01-08 Listing Removed — REALCOMP
- 2025-01-08 Listing Removed — MiRealSource-MiMLS
- 2024-09-24 Listed $99,000 MiRealSource-MiMLS
- 2024-09-24 Listed $99,000 REALCOMP
- 2023-07-16 Rental Removed — BUILDIUM
- 2022-01-07 Sold (Public Records) $74,000 Public Records
- 2021-12-31 Sold (MLS) $74,000 MiRealSource-MiMLS
- 2021-12-31 Sold (MLS) $74,000 REALCOMP
- 2021-12-10 Pending — MiRealSource-MiMLS
- 2021-12-10 Pending — REALCOMP
- 2021-12-09 Relisted — MiRealSource-MiMLS
- 2021-12-09 Relisted — REALCOMP
- 2021-11-23 Listing Removed — REALCOMP
- 2021-11-23 Listing Removed — MiRealSource-MiMLS
- 2021-11-17 Listed $75,000 MiRealSource-MiMLS
- 2021-11-17 Listed $75,000 REALCOMP
- 2021-10-06 Listing Removed — REALCOMP
- 2021-09-29 Price Changed $78,000 MiRealSource-MiMLS
- 2021-09-29 Price Changed $78,000 REALCOMP
- 2021-09-29 Relisted — REALCOMP
- 2021-09-20 Listing Removed — REALCOMP
- 2021-06-18 Relisted — REALCOMP
- 2021-06-17 Contingent — REALCOMP
- 2021-05-28 Price Changed $82,000 MiRealSource-MiMLS
- 2021-05-28 Price Changed $82,000 REALCOMP
- 2021-05-26 Listed $75,000 REALCOMP
- 2018-04-30 Listing Removed — REALCOMP
- 2018-04-30 Listing Removed — MiRealSource-MiMLS
- 2018-04-20 Relisted — REALCOMP
- 2018-04-11 Listing Removed — REALCOMP
- 2018-02-06 Listed $44,500 MiRealSource-MiMLS
- 2018-02-06 Listed $44,500 REALCOMP
- 2015-09-29 Sold (MLS) $27,500 MiRealSource-MiMLS
- 2015-09-29 Sold (MLS) $27,500 REALCOMP
- 2015-08-23 Listing Removed — REALCOMP
- 2015-08-23 Pending — MiRealSource-MiMLS
- 2015-08-17 Listed $22,500 MiRealSource-MiMLS
- 2015-08-16 Listed $22,500 REALCOMP
- 1996-05-07 Sold (Public Records) $55,000 Public Records
- 1996-04-26 Sold (MLS) $55,000 MiRealSource-MiMLS
- 1996-03-01 Listing Removed — MiRealSource-MiMLS
- 1996-02-26 Listed $51,900 MiRealSource-MiMLS
Property tax history
+0.3%/yrLatest (2025): $2,146 · -16.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…