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175 John Daly St
B Composite 73.56
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 +29.8/30.0
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +8.1/10.0
  • Livability +3.4/5.0
  • Rent growth +3.2/5.0
  • Condition / age +2.5/5.0
  • Schools +1.6/10.0
  • Appreciation +0.0/10.0

$117,500

175 John Daly St · Inkster, MI 48141
3 bd · 1.0 ba · 1,100 sqft · SingleFamily public records · 6 Days on market
Built 1953 4,356 sqft lot Est $158k · 26% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Highest & Best due at 5pm today 3-bedroom, 2 full bath brick home with approximately 1,100 sq ft with a full finished basement. Solid home with great potential. Move right in or update to your personal taste. A fully executed purchase agreement will be submitted to the probate court & closing will take place after court approval. City inspection completed. Seller will complete required repairs for Certification of Occupancy/Compliance.

Key facts

  • 4,356 sq ft lot
  • Garage
  • Built 1953

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 3-bed/1.0-bath single-family listed at $118k.

Deal economics

  • At list price, monthly cash flow is $431 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $118k).

Location & tenants

  • Location reads 67/100 on livability (#406 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D, schools F, crime F.
  • Wayne-Westland Community School District (suburban): math 11% / reading 27% proficiency, ranked #474 of 540 in MI (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: Rents rising (+3.0%/yr); 142 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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).
  • At $1,534/mo this rent would consume 47% of the median local household income ($39k/yr) (locally 1558% 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 $812 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $33k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • Only 6 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.
  • Current owner paid $59k; list at $118k implies a 99% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $117,500

Questions for the listing agent

  1. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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?
  5. 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.
  6. 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.
  7. 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
1.31%
Cap rate
10.69%
Cash-on-cash
15.71%
DSCR
1.70
GRM
6.4

CMA / ARV

ARV (on-the-fly)
$158,400
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
212 Shadowlawn St 0.13mi 3/1.0 1,000 (-9%) 6mo $145,000 $145 73
26508 Monticello St 0.30mi 3/1.0 1,150 (+4%) 6mo $125,000 $109 73
112 Brentwood St 0.23mi 3/1.0 994 (-10%) 1mo $164,000 $165 72
256 Brentwood St 0.22mi 3/1.0 1,190 (+8%) 6mo $135,000 $113 70
1088 Arlington St 0.50mi 3/1.0 1,076 (-2%) 4mo $137,500 $128 70
784 Patterson Ct 0.37mi 3/2.0 1,140 (+4%) 6mo $170,000 $149 68
363 Sherbourne St 0.44mi 3/1.5 1,030 (-6%) 1mo $160,000 $155 66
291 Arlington St 0.26mi 3/1.0 966 (-12%) 4mo $139,000 $144 64
26476 Stollman Dr 0.15mi 3/1.0 942 (-14%) 8mo $120,000 $127 63
226 Belton St 0.66mi 3/1.5 1,104 (+0%) 8mo $200,000 $181 60
622 Tromley St 0.73mi 3/1.0 960 (-13%) 6mo $130,000 $135 40
201 Cardwell St 0.71mi 3/2.5 1,240 (+13%) 6mo $65,000 $52 35

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 · 2.95% rent growth · sell at horizon

5-year hold
IRR
6.5%
Equity multiple
1.25×
Total profit
$8,318
Equity at exit
$17,520
10-year hold
IRR
15.8%
Equity multiple
2.28×
Total profit
$42,266
Equity at exit
$10,159

Cash invested: $32,900 (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 48141

Home prices YoY
-2.9%
Rents YoY
3.0%
Active inventory
142
Price-to-rent
6.4×

Monthly cashflow live

Estimated rent
$1,534 high interval (Pro) →
Mortgage (P&I)
$616
Tax from tax record
$116 /mo · $1,391/yr
Insurance
$49
HOA
$0
Vacancy / Maint / Mgmt
$322
Net cashflow
$431

Break-even live

Break-even rent $989
Max offer price $117,500
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
$29,375
Closing costs
$3,525
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 10 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
26322 Westphal St Dearborn Heights, MI 1.0–2.0 1.0 762 $1,455 $1.91 1d 24 0.17mi
167 Cherry Valley Dr Inkster, MI 1.0–2.0 1.0 784 $1,395 $1.78 14d 12 0.30mi
238 Yorkshire Blvd Dearborn Heights, MI 1.0–2.0 1.0 741 $1,424 $1.92 1d 9 0.39mi
572 Tobin Dr Inkster, MI 1.0–3.0 1.0–2.0 936 $1,600 $1.71 1d 22 0.52mi
27184 Lucerne Dr Inkster, MI 3.0 1.0 1100 $1,250 $1.14 43d 1 0.69mi
641 Gilman St Garden City, MI 3.0 1.0 1300 $2,600 $2.00 16d 1 0.98mi
1150 Magnolia Dr Inkster, MI 3.0 1.0 900 $1,300 $1.44 24d 1 1.10mi
5722 Centralia St Dearborn Heights, MI 3.0 1.0 999 $1,750 $1.75 1d 1 1.24mi
24720 Michigan Ave Dearborn, MI 2.0 1.0 900 $1,350 $1.50 43d 1 1.41mi
5839 Helen St Garden City, MI 3.0 1.0 984 $1,500 $1.52 24d 1 1.48mi

Listing history 6 events

  1. 2026-04-01
    status Pending 451-char remark
    Show marketing remark (451 chars)

    Highest & Best due at 5pm today 3-bedroom, 2 full bath brick home with approximately 1,100 sq ft with a full finished basement. Solid home with great potential. Move right in or update to your personal taste. A fully executed purchase agreement will be submitted to the probate court & closing will take place after court approval. City inspection completed. Seller will complete required repairs for Certification of Occupancy/Compliance.

  2. 2026-04-01
    status Pending
    Show marketing remark (451 chars)

    Highest & Best due at 5pm today 3-bedroom, 2 full bath brick home with approximately 1,100 sq ft with a full finished basement. Solid home with great potential. Move right in or update to your personal taste. A fully executed purchase agreement will be submitted to the probate court & closing will take place after court approval. City inspection completed. Seller will complete required repairs for Certification of Occupancy/Compliance.

  3. 2026-03-26
    listed $117,500 Active 451-char remark
    Show marketing remark (451 chars)

    Highest & Best due at 5pm today 3-bedroom, 2 full bath brick home with approximately 1,100 sq ft with a full finished basement. Solid home with great potential. Move right in or update to your personal taste. A fully executed purchase agreement will be submitted to the probate court & closing will take place after court approval. City inspection completed. Seller will complete required repairs for Certification of Occupancy/Compliance.

  4. 2026-03-26
    listed $117,500 Active
    Show marketing remark (451 chars)

    Highest & Best due at 5pm today 3-bedroom, 2 full bath brick home with approximately 1,100 sq ft with a full finished basement. Solid home with great potential. Move right in or update to your personal taste. A fully executed purchase agreement will be submitted to the probate court & closing will take place after court approval. City inspection completed. Seller will complete required repairs for Certification of Occupancy/Compliance.

  5. 1995-05-11
    soldstatus $59,000
  6. 1991-05-16
    soldstatus $52,400

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

Tax reassessment forecast MI · Partial reset (capped growth)

Current annual tax
$1,391 · $116/mo
Projected year-2 tax
$1,600 · $133/mo
Expected delta
+$209/yr (+$17/mo · 15.1%)

ⓘ 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$18,406
− Mortgage interest
−$6,582
− Property taxes
−$1,391
− Insurance
−$588
− Repairs & maintenance
−$1,472
− Management
−$1,472
− Depreciation
−$3,418
Taxable income
$3,483
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$836
After-tax cash flow
$4,332/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
Wayne-Westland Community School District
NCES district ID
2600015
Math proficiency
11% ▼ -6.00%
Reading proficiency
27% ▼ -2.00%
Median HH income
$43,524
Composite
16.4/100
National rank
#9195
State rank
#474 of 540 in MI

Livability — Inkster

Score
67/100
State rank
#406
US rank
#11087

Category grades

Amenities F Commute A+ Cost of living A+ Crime F Employment F Housing A+ Health & safety D User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Inkster, MI
County
Wayne County · 1,562,939 people
City population
25,428
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
25,428
Household income
$39,252
Rent vs Own
53.2% rent · 46.8% own
Severe rent burden
1558.0

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 (72%)
Race & ethnicity
Black 72% White 17% Two or more races 7% Hispanic / Latino 2% Asian 1%
Common ancestry
Romanian 3% Slovak 1% Italian 1%
Foreign-born
5% · Canada, China
Languages at home
92% English-only · Arabic 3% Other Asian/Pacific 1% Spanish 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
▼ -11.74%
Current HPI
390.2139
Rent YoY
▲ 2.95%
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

+124.2% since first listed
6 events — show timeline
  • 2026-04-01 Pending MiRealSource-MiMLS
  • 2026-04-01 Pending REALCOMP
  • 2026-03-26 Listed $117,500 REALCOMP
  • 2026-03-26 Listed $117,500 MiRealSource-MiMLS
  • 1995-05-11 Sold (Public Records) $59,000 Public Records
  • 1991-05-16 Sold (Public Records) $52,400 Public Records

Property tax history

-3.2%/yr

Latest (2025): $1,391 · -14.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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