14102 Marlowe St · Detroit, MI 48227

$104,900

5 bd · 1.0 ba · 1,472 sqft · SingleFamily public records · 10 Days on market

Built 1925 3,485 sqft lot Est $110k · at est.

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +9.7/15.0
• Rent growth +3.9/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious 5 Bedroom, 2 Bathroom Home with fenced in backyard and driveway extending to backyard. Features include large, covered front porch area, basement for extra storage, & fireplace in living room.

Key facts

• Covered front porch
• Fenced in backyard
• 3,485 sq ft lot

Tags

• FENCED IN BACKYARD
• COVERED FRONT PORCH
• BASEMENT FOR EXTRA STORAGE
• FIREPLACE IN LIVING ROOM

Property features AI

Finance

• Other: Located in the B E TAYLORS MONMOOR subdivision; Directions: Take Grand River Ave to Marlowe St. (cross streets Grand River Ave / Intervale St.)

Exterior

• Parking: No garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Two levels; Ground-level entry with steps
• Construction: Brick and vinyl siding exterior; Brick/mortar foundation; Asphalt roof; Built area above grade approximately 1,472 square feet
• Exterior features: Covered patio and porch; Patio; Porch; Paved road access; Lot dimensions approximately 35 x 100 (0.08 acre)

Interior

• Bedrooms: Total of 8 rooms (bedroom count not specified)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating (natural gas); No cooling
• Interior features: Gas water heater; Crawl space basement (unfinished)

What this means for you Summary

Snapshot

• This is a 5-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $479 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $105k).

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 rising fast (+5.6%/yr); 385 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• At $1,705/mo this rent would consume 56% of the median local household income ($37k/yr) (locally 2371% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $725 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 + 5.6% rent growth), your $29k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: property tax is 3.1% of price; built in 1925 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $104,900

Questions for the listing agent

1. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 1.62% ✓
• Cap rate: 11.77%
• Cash-on-cash: 19.57%
• DSCR: 1.87
• GRM: 5.1

CMA / ARV

• ARV (on-the-fly): $110,400
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14400 Hubbell St	0.23mi	4/1.5 (-1)	1,444 (-2%)	4mo	$108,000	$75	76
14531 Whitcomb St	0.47mi	4/3.0 (-1)	1,407 (-4%)	8mo	$210,000	$149	52
14070 Robson St	0.17mi	4/1.5 (-1)	1,674 (+14%)	16mo	$65,000	$39	49
14566 Lauder St	0.34mi	4/1.0 (-1)	1,312 (-11%)	18mo	$42,000	$32	46
14911 Tracey St	0.73mi	4/1.5 (-1)	1,495 (+2%)	18mo	$89,000	$60	41
14367 Montrose St	0.61mi	4/1.5 (-1)	1,402 (-5%)	22mo	$149,000	$106	39
13244 Ardmore St	0.49mi	4/2.0 (-1)	1,650 (+12%)	18mo	$51,000	$31	33
14034 Montrose St	0.56mi	4/2.0 (-1)	1,594 (+8%)	23mo	$127,000	$80	32
14390 Forrer St	0.64mi	5/2.0	1,628 (+11%)	22mo	$125,000	$77	30

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 · 5.59% rent growth · sell at horizon

5-year hold

• IRR: 14.9%
• Equity multiple: 1.62×
• Total profit: $18,187
• Equity at exit: $15,641

10-year hold

• IRR: 25.7%
• Equity multiple: 3.56×
• Total profit: $75,310
• Equity at exit: $9,070

Cash invested: $29,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

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

Methodology + full state rankings →

ZIP-level market 48227

• Rents YoY: 5.6%
• Active inventory: 385
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $1,705 high
• Mortgage (P&I): −$550
• Tax from tax record: −$274 /mo · $3,284/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$358
• Net cashflow: $479

Break-even live

Break-even rent $1,098

Max offer price $104,900

Occupancy floor 67%

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: $26,225
• Closing costs: $3,147
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14600 Strathmoor St Detroit, MI	4.0	1.0	1300	$1,450	$1.12	43d	1	0.36mi
14941 Robson St Detroit, MI	6.0	2.0	1820	$1,600	$0.88	43d	1	0.58mi
14941 Robson St Detroit, MI	6.0	2.0	1820	$1,600	$0.88	24d	1	0.58mi
15341 Lauder St Detroit, MI	4.0	1.5	1080	$1,475	$1.37	16d	1	0.81mi
14504 Saint Marys St Detroit, MI	4.0	1.0	1362	$1,473	$1.08	43d	1	0.89mi
16014 Hackett St Detroit, MI	4.0	2.0	1142	$1,500	$1.31	43d	1	0.94mi
15375 Prevost St Detroit, MI	4.0	1.0	907	$1,300	$1.43	16d	1	1.11mi

Listing history 8 events

1. 2026-06-18
   days on market $104,900 Active 10 DOM
2. 2026-06-17
   days on market $104,900 Active 9 DOM
3. 2026-06-16
   days on market $104,900 Active 8 DOM
4. 2026-06-15
   days on market $104,900 Active 7 DOM
5. 2026-06-13
   days on market $104,900 Active 5 DOM
6. 2026-06-13
   days on market $104,900 Active 4 DOM
7. 2026-06-08
   remarks 202-char remark

   Show marketing remark (206 chars)

   Spacious 5 Bedroom, 2 Bathroom Home with fenced in backyard and driveway extending to backyard. Features include large, covered front porch area, basement for extra storage, & fireplace in living room.

8. 2026-06-08
   listed $104,900 Active 1 DOM

   Show marketing remark (206 chars)

   Spacious 5 Bedroom, 2 Bathroom Home with fenced in backyard and driveway extending to backyard. Features include large, covered front porch area, basement for extra storage, & fireplace in living room.

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

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $3,284 · $274/mo
• Projected year-2 tax: $3,284 · $274/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 ≥98°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,454
• − Mortgage interest: −$5,876
• − Property taxes: −$3,284
• − Insurance: −$524
• − Repairs & maintenance: −$1,636
• − Management: −$1,636
• − Depreciation: −$3,052
• Taxable income: $4,446
• Est. tax owed @ 24.0%: −$1,067
• After-tax cash flow: $4,682/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): 40,302
• Household income: $36,527
• Rent vs Own: 40.9% rent · 59.1% own
• Severe rent burden: 2371.0

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 (95%)
• Race & ethnicity: Black 95% Two or more races 3% White 1%
• Foreign-born: 1%
• Languages at home: 98% English-only · Spanish 1% French/Haitian/Cajun 1%

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: ▼ -125.00%
• Current HPI: 186.4158
• Rent YoY: ▲ 5.59%
• 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

+274.0% since first listed

6 events — show timeline

• 2026-06-08 Listed $104,900 MiRealSource-MiMLS
• 2026-06-08 Listed $104,900 REALCOMP
• 2021-02-08 Sold (Public Records) $1,054,000 Public Records
• 1999-04-15 Sold (Public Records) $21,500 Public Records
• 1998-02-03 Sold (Public Records) $34,140 Public Records
• 1997-01-15 Sold (Public Records) $28,050 Public Records

Property tax history

+21.2%/yr

Latest (2025): $3,284 · +0.7% YoY. Source: county tax records.