962 Sylvanwood Dr · Troy, MI
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 2/10 · Minimal
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 14 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 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).
- ARV discount +14.4/15.0
- Cash flow +11.2/30.0
- Schools +6.5/10.0
- Livability +3.9/5.0
- 1% rule +3.4/10.0
- DSCR +3.3/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$425,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
3 bed, 3.5 bath ranch-style Sylvan Glen indoor pool home on 1/2 ACRE w/ access to trails surrounding Sylvan Glen Lake and the park. First floor master suite features updated bath, newer windows, Hunter Douglas blinds, w/ direct access to pool area. Kitchen opens to eat-in dining room w/ fabulous view into expansive indoor, 20K gallon heated pool complex. Brand new fireplace pre-wired for TV in family room which also looks out into the pool area. Pool complex houses a full wet bar and multiple door walls that walk out onto private backyard and brick-paver patio. Second story dormer overlooks 1/2 acre fenced-in, park-like setting with 2 1/2-car detached garage and extra storage shed. Original attached garage converted to massive office space and first-floor laundry w/ newer appliances and powder room. Newer full bath in pool complex. 4-zone, clean, efficient boiler heat. Martell Elementary, Smith Middle School, Troy High. North-facing front entry. EST. Room sizes.
Key facts
- 0.5 acre lot
- 2 garage spots
- Pool
Property features AI
Finance
- Other: Pets allowed; Approximately 0.5 acre lot; Frontage approx. 95 feet; Subdivision: Sylvanwood Gardens; City: Troy
Exterior
- Parking: Detached 2-car garage
- Utilities: Public water; Natural gas service; Gas water heater; Public sewer (assumed from typical public water listing)
- Home design: Residential 1½-story home; Built in 1948; Facing and entry details not provided
- Construction: Brick construction; Foundation: crawl space and slab; Year built: 1948
- Exterior features: Brick exterior; Fenced yard; In-ground pool; Patio; Porch; Shed/outbuilding; Paved street frontage
Interior
- Kitchen: Kitchen on entry level (approx. 14 x 10) with vinyl flooring; Range/oven; Microwave; Refrigerator; Dishwasher
- Bedrooms: Primary bedroom on entry level (approx. 10 x 11) with carpet; Second bedroom on entry level (approx. 16 x 13) with carpet; Third bedroom on second level (approx. W=17) with carpet
- Flooring: Carpet in main living areas and bedrooms; Vinyl in kitchen and some bathrooms; Ceramic in one bathroom; Concrete in laundry
- Bathrooms: 3 full bathrooms, 1 lavatory (4 total); Main lavatory on entry level (approx. 4 x 6) with vinyl/other flooring; Bathroom with ceramic flooring (approx. 10 x 8) on entry level; Bathroom with vinyl flooring (approx. 6 x 8) on entry level
- Heating & cooling: Natural gas heat; Heating systems: forced air and baseboard; Cooling: central air, ceiling fans, and window units
- Interior features: Fireplace (family room); DSL available; Indoor pool; 11 total rooms
- Laundry & utility: Laundry on entry level (approx. 6 x 4) with concrete flooring; Washer; Dryer; Gas water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $425k.
Deal economics
- At list price, monthly cash flow is $-163 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $396k (6.8% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $356k (16.3% below list).
- Recommended offer: $356k (16.3% below list) — sets the bar for 1% rule.
- Cap rate 5.8% vs local median 3.6% in Troy — 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 78/100 on livability (#113 in MI, #2,684 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A; Watch: health & safety D+, amenities F, commute F.
- Troy School District (urban): math 68% / reading 75% proficiency, ranked #8 of 540 in MI (top 2%) — strong family-tenant draw, lease renewals of 3-5y typical; only 10% free/reduced lunch — higher-income household profile.
- Zoned schools: Martell Elementary School (math 72% / reading 72%, grade A-, #51 of 1,397 statewide, top 5%, 389 students, 14% FRL); Smith Middle School (math 71% / reading 79%, grade A, #8 of 493 statewide, top 3%, 611 students, 15% FRL); Troy High School (math 77% / reading 87%, grade A, #4 of 713 statewide, top 1%, 2,094 students, 13% FRL) — zoned schools at 14% FRL track the district average.
- Market conditions: 120 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 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 $3k of loan paydown is wiped out by about $13k 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
- It's been on market 19 days — a 2% lower offer ($419k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 8y ago; this cycle's ask is 21% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
- Current owner paid $310k; 37% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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
- 0.84% ✗
- Cap rate
- 5.83%
- Cash-on-cash
- -1.64%
- DSCR
- 0.93
- GRM
- 10.0
CMA / ARV
- ARV (on-the-fly)
- $502,272
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 863 Sylvanwood Dr | 0.11mi | 5/2.0 (+1) | 2,496 (-5%) | 5mo | $395,000 | $158 | 78 |
| 5303 Church Hill Dr | 0.32mi | 4/1.5 | 2,873 (+10%) | 1mo | $465,000 | $162 | 66 |
| 5325 Allison Dr | 0.64mi | 4/2.5 | 2,536 (-3%) | 2mo | $567,000 | $224 | 62 |
| 5138 Hale Dr | 0.56mi | 3/2.5 (-1) | 2,537 (-3%) | 4mo | $486,100 | $192 | 59 |
| 1100 Trevino Dr | 0.23mi | 3/3.5 (-1) | 2,924 (+12%) | 10mo | $400,500 | $137 | 51 |
| 1441 Lila Dr | 0.54mi | 4/2.0 | 2,260 (-14%) | 3mo | $525,000 | $232 | 50 |
| 5092 Westminster Ave | 0.73mi | 4/3.0 | 2,725 (+4%) | 6mo | $795,000 | $292 | 50 |
| 5076 Tyler Dr | 0.65mi | 4/2.0 | 2,904 (+11%) | 6mo | $547,000 | $188 | 46 |
| 4958 Knollwood Dr | 0.47mi | 4/2.5 | 2,948 (+13%) | 13mo | $789,209 | $268 | 44 |
| 1383 Trevino Dr | 0.49mi | 3/1.5 (-1) | 2,301 (-12%) | 12mo | $425,000 | $185 | 40 |
| 1453 Trevino Dr | 0.55mi | 5/2.5 (+1) | 2,935 (+12%) | 10mo | $525,000 | $179 | 39 |
| 5156 Tyler Dr | 0.55mi | 4/3.0 | 2,260 (-14%) | 14mo | $510,000 | $226 | 36 |
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
- IRR
- -19.0%
- Equity multiple
- 0.33×
- Total profit
- $-79,152
- Equity at exit
- $63,369
- IRR
- -11.5%
- Equity multiple
- 0.31×
- Total profit
- $-81,959
- Equity at exit
- $36,746
Cash invested: $119,000 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 62 Landlord-Friendly
- State Michigan
- 62 Landlord-Friendly · EVEN
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 48085
- Active inventory
- 120
- Price-to-rent
- 10.0×
Monthly cashflow live
- Estimated rent
- $3,555 high interval (Pro) →
- Mortgage (P&I)
- −$2,229
- Tax from tax record
- −$565 /mo · $6,785/yr
- Insurance
- −$177
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$747
- Net cashflow
- $-163
Break-even live
Sensitivity live
| Price | -10% $78 | -5% $-42 | +0% $-163 | +5% $-283 | +10% $-403 |
|---|---|---|---|---|---|
| Rent | -10% $-443 | -5% $-303 | +0% $-163 | +5% $-22 | +10% $118 |
| Rate | -1.0pp $51 | -0.5pp $-55 | base $-163 | +0.5pp $-273 | +1.0pp $-385 |
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
- $106,250
- Closing costs
- $12,750
- 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 8 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5054 Carnaby Dr Troy, MI | 3.0 | 2.5 | 2228 | $2,600 | $1.17 | 5d | 1 | 0.53mi |
| 5944 Willow Grv Troy, MI | 3.0 | 2.0 | 1850 | $4,250 | $2.30 | 45d | 1 | 0.79mi |
| 4392 Navin Field Ln Troy, MI | 3.0 | 3.5 | 3200 | $3,500 | $1.09 | 26d | 1 | 1.01mi |
| 4308 Navin Field Ln Troy, MI | 4.0 | 3.0 | 2700 | $4,150 | $1.54 | 45d | 1 | 1.08mi |
| 1028 Lamb Rd Unit 2 Troy, MI | 3.0 | 2.5 | 1847 | $3,200 | $1.73 | 19d | 1 | 1.16mi |
| 42 Kalter Dr #25 Troy, MI | 3.0 | 2.5 | 1750 | $2,700 | $1.54 | 0d | 1 | 1.16mi |
| 1880 Welling Dr Troy, MI | 4.0 | 2.5 | 2421 | $3,000 | $1.24 | 6d | 1 | 1.21mi |
| 6525 Norton Dr Troy, MI | 4.0 | 2.0 | 2047 | $2,800 | $1.37 | 45d | 1 | 1.23mi |
Listing history 30 events
-
2026-06-21days on market $425,000 Active 19 DOM
-
2026-06-18days on market $425,000 Active 16 DOM
-
2026-06-17days on market $425,000 Active 15 DOM
-
2026-06-16days on market $425,000 Active 14 DOM
-
2026-06-15days on market $425,000 Active 13 DOM
-
2026-06-13days on market $425,000 Active 11 DOM
-
2026-06-13days on market $425,000 Active 10 DOM
-
2026-06-09days on market $425,000 Active 7 DOM
-
2026-06-08days on market $425,000 Active 6 DOM
-
2026-06-07days on market $425,000 Active 5 DOM
-
2026-06-04days on market $425,000 Active 2 DOM
-
2026-06-03statusdays on market $425,000 Active 1 DOM
-
2026-06-02days on market $425,000 Coming Soon 6 DOM
-
2026-06-01days on market $425,000 Coming Soon 5 DOM
-
2026-05-31days on market $425,000 Coming Soon 4 DOM
-
2026-05-28historical $425,000
-
2018-09-14soldstatus $310,000
-
2018-08-24soldstatus $310,000 Sold 976-char remark
Show marketing remark (976 chars)
3 bed, 3.5 bath ranch-style Sylvan Glen indoor pool home on 1/2 ACRE w/ access to trails surrounding Sylvan Glen Lake and the park. First floor master suite features updated bath, newer windows, Hunter Douglas blinds, w/ direct access to pool area. Kitchen opens to eat-in dining room w/ fabulous view into expansive indoor, 20K gallon heated pool complex. Brand new fireplace pre-wired for TV in family room which also looks out into the pool area. Pool complex houses a full wet bar and multiple door walls that walk out onto private backyard and brick-paver patio. Second story dormer overlooks 1/2 acre fenced-in, park-like setting with 2 1/2-car detached garage and extra storage shed. Original attached garage converted to massive office space and first-floor laundry w/ newer appliances and powder room. Newer full bath in pool complex. 4-zone, clean, efficient boiler heat. Martell Elementary, Smith Middle School, Troy High. North-facing front entry. EST. Room sizes.
-
2018-08-24soldstatus $310,000 Closed
Show marketing remark (976 chars)
3 bed, 3.5 bath ranch-style Sylvan Glen indoor pool home on 1/2 ACRE w/ access to trails surrounding Sylvan Glen Lake and the park. First floor master suite features updated bath, newer windows, Hunter Douglas blinds, w/ direct access to pool area. Kitchen opens to eat-in dining room w/ fabulous view into expansive indoor, 20K gallon heated pool complex. Brand new fireplace pre-wired for TV in family room which also looks out into the pool area. Pool complex houses a full wet bar and multiple door walls that walk out onto private backyard and brick-paver patio. Second story dormer overlooks 1/2 acre fenced-in, park-like setting with 2 1/2-car detached garage and extra storage shed. Original attached garage converted to massive office space and first-floor laundry w/ newer appliances and powder room. Newer full bath in pool complex. 4-zone, clean, efficient boiler heat. Martell Elementary, Smith Middle School, Troy High. North-facing front entry. EST. Room sizes.
-
2018-07-27status Pending
Show marketing remark (976 chars)
3 bed, 3.5 bath ranch-style Sylvan Glen indoor pool home on 1/2 ACRE w/ access to trails surrounding Sylvan Glen Lake and the park. First floor master suite features updated bath, newer windows, Hunter Douglas blinds, w/ direct access to pool area. Kitchen opens to eat-in dining room w/ fabulous view into expansive indoor, 20K gallon heated pool complex. Brand new fireplace pre-wired for TV in family room which also looks out into the pool area. Pool complex houses a full wet bar and multiple door walls that walk out onto private backyard and brick-paver patio. Second story dormer overlooks 1/2 acre fenced-in, park-like setting with 2 1/2-car detached garage and extra storage shed. Original attached garage converted to massive office space and first-floor laundry w/ newer appliances and powder room. Newer full bath in pool complex. 4-zone, clean, efficient boiler heat. Martell Elementary, Smith Middle School, Troy High. North-facing front entry. EST. Room sizes.
-
2018-07-27status Pending 976-char remark
Show marketing remark (976 chars)
3 bed, 3.5 bath ranch-style Sylvan Glen indoor pool home on 1/2 ACRE w/ access to trails surrounding Sylvan Glen Lake and the park. First floor master suite features updated bath, newer windows, Hunter Douglas blinds, w/ direct access to pool area. Kitchen opens to eat-in dining room w/ fabulous view into expansive indoor, 20K gallon heated pool complex. Brand new fireplace pre-wired for TV in family room which also looks out into the pool area. Pool complex houses a full wet bar and multiple door walls that walk out onto private backyard and brick-paver patio. Second story dormer overlooks 1/2 acre fenced-in, park-like setting with 2 1/2-car detached garage and extra storage shed. Original attached garage converted to massive office space and first-floor laundry w/ newer appliances and powder room. Newer full bath in pool complex. 4-zone, clean, efficient boiler heat. Martell Elementary, Smith Middle School, Troy High. North-facing front entry. EST. Room sizes.
-
2018-07-14historical Keep Showing-Contgcy Appl
-
2018-07-13historical Contingent - Continue To Show 976-char remark
Show marketing remark (976 chars)
3 bed, 3.5 bath ranch-style Sylvan Glen indoor pool home on 1/2 ACRE w/ access to trails surrounding Sylvan Glen Lake and the park. First floor master suite features updated bath, newer windows, Hunter Douglas blinds, w/ direct access to pool area. Kitchen opens to eat-in dining room w/ fabulous view into expansive indoor, 20K gallon heated pool complex. Brand new fireplace pre-wired for TV in family room which also looks out into the pool area. Pool complex houses a full wet bar and multiple door walls that walk out onto private backyard and brick-paver patio. Second story dormer overlooks 1/2 acre fenced-in, park-like setting with 2 1/2-car detached garage and extra storage shed. Original attached garage converted to massive office space and first-floor laundry w/ newer appliances and powder room. Newer full bath in pool complex. 4-zone, clean, efficient boiler heat. Martell Elementary, Smith Middle School, Troy High. North-facing front entry. EST. Room sizes.
-
2018-06-19price $325,000
Show marketing remark (976 chars)
3 bed, 3.5 bath ranch-style Sylvan Glen indoor pool home on 1/2 ACRE w/ access to trails surrounding Sylvan Glen Lake and the park. First floor master suite features updated bath, newer windows, Hunter Douglas blinds, w/ direct access to pool area. Kitchen opens to eat-in dining room w/ fabulous view into expansive indoor, 20K gallon heated pool complex. Brand new fireplace pre-wired for TV in family room which also looks out into the pool area. Pool complex houses a full wet bar and multiple door walls that walk out onto private backyard and brick-paver patio. Second story dormer overlooks 1/2 acre fenced-in, park-like setting with 2 1/2-car detached garage and extra storage shed. Original attached garage converted to massive office space and first-floor laundry w/ newer appliances and powder room. Newer full bath in pool complex. 4-zone, clean, efficient boiler heat. Martell Elementary, Smith Middle School, Troy High. North-facing front entry. EST. Room sizes.
-
2018-06-19price $325,000 976-char remark
Show marketing remark (976 chars)
3 bed, 3.5 bath ranch-style Sylvan Glen indoor pool home on 1/2 ACRE w/ access to trails surrounding Sylvan Glen Lake and the park. First floor master suite features updated bath, newer windows, Hunter Douglas blinds, w/ direct access to pool area. Kitchen opens to eat-in dining room w/ fabulous view into expansive indoor, 20K gallon heated pool complex. Brand new fireplace pre-wired for TV in family room which also looks out into the pool area. Pool complex houses a full wet bar and multiple door walls that walk out onto private backyard and brick-paver patio. Second story dormer overlooks 1/2 acre fenced-in, park-like setting with 2 1/2-car detached garage and extra storage shed. Original attached garage converted to massive office space and first-floor laundry w/ newer appliances and powder room. Newer full bath in pool complex. 4-zone, clean, efficient boiler heat. Martell Elementary, Smith Middle School, Troy High. North-facing front entry. EST. Room sizes.
-
2018-05-31$350,000 Active 976-char remark
Show marketing remark (976 chars)
3 bed, 3.5 bath ranch-style Sylvan Glen indoor pool home on 1/2 ACRE w/ access to trails surrounding Sylvan Glen Lake and the park. First floor master suite features updated bath, newer windows, Hunter Douglas blinds, w/ direct access to pool area. Kitchen opens to eat-in dining room w/ fabulous view into expansive indoor, 20K gallon heated pool complex. Brand new fireplace pre-wired for TV in family room which also looks out into the pool area. Pool complex houses a full wet bar and multiple door walls that walk out onto private backyard and brick-paver patio. Second story dormer overlooks 1/2 acre fenced-in, park-like setting with 2 1/2-car detached garage and extra storage shed. Original attached garage converted to massive office space and first-floor laundry w/ newer appliances and powder room. Newer full bath in pool complex. 4-zone, clean, efficient boiler heat. Martell Elementary, Smith Middle School, Troy High. North-facing front entry. EST. Room sizes.
-
2018-05-31$350,000 Active
Show marketing remark (976 chars)
3 bed, 3.5 bath ranch-style Sylvan Glen indoor pool home on 1/2 ACRE w/ access to trails surrounding Sylvan Glen Lake and the park. First floor master suite features updated bath, newer windows, Hunter Douglas blinds, w/ direct access to pool area. Kitchen opens to eat-in dining room w/ fabulous view into expansive indoor, 20K gallon heated pool complex. Brand new fireplace pre-wired for TV in family room which also looks out into the pool area. Pool complex houses a full wet bar and multiple door walls that walk out onto private backyard and brick-paver patio. Second story dormer overlooks 1/2 acre fenced-in, park-like setting with 2 1/2-car detached garage and extra storage shed. Original attached garage converted to massive office space and first-floor laundry w/ newer appliances and powder room. Newer full bath in pool complex. 4-zone, clean, efficient boiler heat. Martell Elementary, Smith Middle School, Troy High. North-facing front entry. EST. Room sizes.
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1988-11-01soldstatus $95,000
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1977-10-01soldstatus $54,900
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1977-01-01soldstatus $50,000
ⓘ 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
- $6,785 · $565/mo
- Projected year-2 tax
- $6,785 · $565/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 2/10 Low 7 d/yr ≥97°F today · 14 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
- $42,662
- − Mortgage interest
- −$23,807
- − Property taxes
- −$6,785
- − Insurance
- −$2,125
- − Repairs & maintenance
- −$3,413
- − Management
- −$3,413
- − Depreciation
- −$12,364
- Taxable loss
- −$9,244
- Est. tax savings @ 24.0%
- +$2,219
- After-tax cash flow
- $267/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
- Troy School District
- NCES district ID
- 2634260
- Math proficiency
- 68% ▼ -3.00%
- Reading proficiency
- 75% ▼ -2.00%
- Median HH income
- $90,920
- Composite
- 64.5/100
- National rank
- #539
- State rank
- #8 of 540 in MI
Livability — Troy
- Score
- 78/100
- State rank
- #113
- US rank
- #2684
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Troy, MI
- County
- Oakland County · 1,009,092 people
- City population
- 87,898
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 27,231
- Household income
- $146,390
- Rent vs Own
- Severe rent burden
- 39.0
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 (68%)
- Race & ethnicity
- White 68% Asian 21% Two or more races 5% Black 4% Hispanic / Latino 2%
- Common ancestry
- Romanian 11% Italian 3% Slovak 2%
- Foreign-born
- 26% · Canada, China, South Korea
- Languages at home
- 72% English-only · Other Indo-European 9% Chinese 4% Other Asian/Pacific 4%
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
- ▼ -326.83%
- Current HPI
- 184.4445
- Rent YoY
- —
- 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 |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| 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
+750.0% since first listed15 events — show timeline
- 2026-05-28 Coming Soon $425,000 MiRealSource-MiMLS
- 2018-09-14 Sold (Public Records) $310,000 Public Records
- 2018-08-24 Sold (MLS) $310,000 MiRealSource-MiMLS
- 2018-08-24 Sold (MLS) $310,000 REALCOMP
- 2018-07-27 Pending — MiRealSource-MiMLS
- 2018-07-27 Pending — REALCOMP
- 2018-07-14 Contingent — MiRealSource-MiMLS
- 2018-07-13 Contingent — REALCOMP
- 2018-06-19 Price Changed $325,000 MiRealSource-MiMLS
- 2018-06-19 Price Changed $325,000 REALCOMP
- 2018-05-31 Listed $350,000 MiRealSource-MiMLS
- 2018-05-31 Listed $350,000 REALCOMP
- 1988-11-01 Sold (Public Records) $95,000 Public Records
- 1977-10-01 Sold (Public Records) $54,900 Public Records
- 1977-01-01 Sold (Public Records) $50,000 Public Records
Property tax history
+6.2%/yrLatest (2025): $6,785 · +2.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…