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8443 Chalfonte St
C+ Composite 62.21
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 +30.0/30.0
  • DSCR +10.0/10.0
  • 1% rule +8.8/10.0
  • Rent growth +4.0/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • ARV discount +1.9/15.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$90,000

8443 Chalfonte St · Detroit, MI 48238
3 bd · 1.0 ba · 1,098 sqft · SingleFamily public records · 138 Days on market
Built 1926 4,356 sqft lot $82/sqft · 125% above area Est $80k · 12% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras

Key facts

  • 4,356 sq ft lot
  • Built 1926
  • Listed 138 days

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 $90k.

Deal economics

  • At list price, monthly cash flow is $454 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $90k).
  • Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
  • Cap rate 12.4% vs local median 10.2% in Detroit — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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 (+6.1%/yr); 346 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 45% of the median local income ($33k/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 $622 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 + 6.1% rent growth), your $25k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 138 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts since 20y ago; this cycle's ask has dropped $35k (28%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $79,200 (12.0% below list)

Questions for the listing agent

  1. It's been on market 138 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1926 — 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
1.38%
Cap rate
12.35%
Cash-on-cash
21.63%
DSCR
1.96
GRM
6.0

CMA / ARV

ARV (median comp)
$80,019
List price
$90,000
Delta
12.47%
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
8731 Chalfonte St 0.15mi 3/1.0 1,089 (-1%) 10mo $24,000 $22 83
8539 Desoto St 0.09mi 3/1.0 988 (-10%) 3mo $31,529 $32 77
14628 Ohio St 0.21mi 4/1.5 (+1) 1,129 (+3%) 9mo $50,000 $44 71
7447 Ellsworth St 0.42mi 3/1.0 1,160 (+6%) 5mo $35,500 $31 67
8598 Ellsworth St 0.18mi 4/1.0 (+1) 1,006 (-8%) 8mo $20,000 $20 66
14629 Monica St 0.58mi 3/1.0 1,128 (+3%) 4mo $19,000 $17 65
14249 Cloverlawn St 0.53mi 3/1.0 1,035 (-6%) 5mo $69,000 $67 62
16128 Wisconsin St 0.71mi 3/1.0 1,128 (+3%) 8mo $75,000 $66 56
15775 Indiana St 0.54mi 3/1.5 967 (-12%) 1mo $45,000 $47 52
15818 Griggs St 0.72mi 3/1.0 1,187 (+8%) 8mo $153,000 $129 46
14256 Ohio St 0.52mi 3/1.0 1,242 (+13%) 10mo $40,000 $32 46
14203 Cherrylawn St 0.57mi 3/2.0 1,250 (+14%) 5mo $58,000 $46 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 · 6.14% rent growth · sell at horizon

5-year hold
IRR
17.4%
Equity multiple
1.73×
Total profit
$18,372
Equity at exit
$13,419
10-year hold
IRR
27.9%
Equity multiple
3.81×
Total profit
$70,865
Equity at exit
$7,782

Cash invested: $25,200 (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 48238

Home prices YoY
-14.4%
Rents YoY
6.1%
Active inventory
346
Price-to-rent
6.0×

Monthly cashflow live

Estimated rent
$1,245 high interval (Pro) →
Mortgage (P&I)
$472
Tax from tax record
$20 /mo · $240/yr
Insurance
$38
HOA
$0
Vacancy / Maint / Mgmt
$262
Net cashflow
$454

Break-even live

Break-even rent $670
Max offer price $90,000
Occupancy floor 59%

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
$22,500
Closing costs
$2,700
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
14656 Roselawn St Detroit, MI 3.0 1.0 1000 $1,200 $1.20 17d 1 0.23mi
14570 Cherrylawn St Detroit, MI 3.0 1.0 840 $1,250 $1.49 12d 1 0.25mi
14550 Northlawn St Detroit, MI 3.0 2.0 950 $1,200 $1.26 16d 1 0.27mi
Ohio St Unit 4 Detroit, MI 4.0 1.5 1400 $750 $0.54 43d 1 0.33mi
15457 Cloverlawn St Detroit, MI 3.0 2.0 1500 $1,275 $0.85 24d 1 0.37mi
14242 Ohio St Detroit, MI 4.0 1.0 1400 $1,000 $0.71 43d 1 0.52mi
15777 Wisconsin St Unit 77 Detroit, MI 2.0 1.0 900 $950 $1.06 4d 1 0.53mi
15771 Turner St Detroit, MI 2.0 1.0 1000 $1,049 $1.05 43d 1 0.57mi
14881 Mendota St Detroit, MI 3.0 1.0 1026 $1,100 $1.07 24d 1 0.58mi
15765 Washburn St Detroit, MI 2.0 1.0 1093 $950 $0.87 43d 1 0.61mi
15839 Kentucky St Detroit, MI 2.0 1.0 800 $1,200 $1.50 17d 1 0.64mi
15708 Birwood St Detroit, MI 3.0 1.0 1255 $1,100 $0.88 4d 1 0.66mi
15878 Kentucky St Detroit, MI 2.0 1.0 800 $900 $1.12 43d 1 0.67mi
7350 Globe St Detroit, MI 3.0 1.0 1000 $1,550 $1.55 3d 1 0.67mi
14011 Roselawn St Detroit, MI 4.0 1.5 1300 $1,450 $1.12 17d 1 0.69mi
14011 Roselawn St Detroit, MI 4.0 1.5 1300 $1,450 $1.12 1d 1 0.69mi
15512 Mendota St Apt 2 Detroit, MI 2.0 1.0 1000 $1,200 $1.20 43d 1 0.69mi
15512 Mendota St Detroit, MI 2.0 1.0 931 $1,200 $1.29 4d 1 0.69mi
13979 Cherrylawn St Detroit, MI 3.0 1.0 1296 $1,334 $1.03 20d 1 0.71mi
16183 Wisconsin St Detroit, MI 3.0 1.5 1370 $1,400 $1.02 43d 1 0.77mi
16230 Indiana St Unit 2 Detroit, MI 2.0 1.0 1050 $1,200 $1.14 17d 1 0.83mi
15760 Monte Vista St Detroit, MI 2.0 1.0 1080 $1,250 $1.16 43d 1 0.83mi
13620 Kentucky St Detroit, MI 3.0 1.0 1248 $1,200 $0.96 4d 1 0.86mi
15388 Appoline St #203 Detroit, MI 2.0 1.0 900 $850 $0.94 43d 1 0.87mi
2690 Ewald Cir Detroit, MI 1.0–2.0 1.0 750 $900 $1.20 24d 4 0.87mi
16255 Lilac St Detroit, MI 3.0 1.0 1312 $1,394 $1.06 17d 1 0.90mi
13620 Tuller St Detroit, MI 4.0 1.0 1064 $1,374 $1.29 12d 1 0.91mi
13965 Mendota St Detroit, MI 3.0 1.0 1222 $1,294 $1.06 17d 1 0.92mi
2926 Ewald Cir Detroit, MI 2.0 1.0 800 $900 $1.12 17d 1 0.95mi
15738 Sorrento Ave Detroit, MI 3.0 1.0 762 $1,175 $1.54 43d 1 1.05mi
14847 Cheyenne St Detroit, MI 3.0 2.0 849 $1,150 $1.35 17d 1 1.07mi
16582 Santa Rosa Dr Detroit, MI 3.0 1.0 1314 $1,399 $1.06 17d 1 1.10mi
16722 Tuller St Detroit, MI 3.0 1.5 1100 $1,500 $1.36 16d 1 1.11mi
15088 Littlefield St Detroit, MI 2.0 1.0 1294 $1,275 $0.99 21d 1 1.11mi
4287 W Grand St Unit 4289 Detroit, MI 3.0 1.0 1250 $1,000 $0.80 43d 1 1.13mi
16889 Washburn St Detroit, MI 3.0 1.5 1300 $1,100 $0.85 17d 1 1.16mi
15345 Parkside St Detroit, MI 3.0 1.0 1152 $1,300 $1.13 43d 1 1.17mi
16204 Steel St Detroit, MI 3.0 1.0 969 $1,150 $1.19 43d 1 1.18mi
3812 W Grand St Detroit, MI 2.0 1.0 1100 $1,025 $0.93 16d 1 1.20mi
2034 Ewald Cir Detroit, MI 2.0 1.0 1000 $995 $0.99 4d 1 1.22mi

Listing history 42 events

  1. 2026-06-18
    days on market $90,000 Active 138 DOM
  2. 2026-06-17
    days on market $90,000 Active 137 DOM
  3. 2026-06-15
    days on market $90,000 Active 135 DOM
  4. 2026-06-13
    days on market $90,000 Active 133 DOM
  5. 2026-06-13
    days on market $90,000 Active 132 DOM
  6. 2026-06-09
    days on market $90,000 Active 129 DOM
  7. 2026-06-08
    days on market $90,000 Active 128 DOM
  8. 2026-06-07
    days on market $90,000 Active 127 DOM
  9. 2026-06-04
    days on market $90,000 Active 124 DOM
  10. 2026-06-03
    days on market $90,000 Active 123 DOM
  11. 2026-06-01
    days on market $90,000 Active 121 DOM
  12. 2026-05-31
    days on market $90,000 Active 120 DOM
  13. 2026-05-08
    price $90,000 2052-char remark
    Show marketing remark (2052 chars)

    Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras

  14. 2026-05-07
    status Active 2088-char remark
    Show marketing remark (2052 chars)

    Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras

  15. 2026-05-07
    price $90,000 2088-char remark
    Show marketing remark (2052 chars)

    Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras

  16. 2026-05-07
    status Active 2052-char remark
    Show marketing remark (2052 chars)

    Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras

  17. 2026-05-05
    historical Active Under Contract 2088-char remark
    Show marketing remark (2052 chars)

    Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras

  18. 2026-05-05
    historical Accepting Backup Offers 2052-char remark
    Show marketing remark (2052 chars)

    Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras

  19. 2026-03-23
    price $100,000 2052-char remark
    Show marketing remark (2088 chars)

    Move-in Ready Remodeled Colonial "“ Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems "“ everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility "“ ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement "“ restaurants, entertainment, Riverwalk, and jobs "“ is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast "“ schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras

  20. 2026-03-23
    price $100,000 2088-char remark
    Show marketing remark (2088 chars)

    Move-in Ready Remodeled Colonial "“ Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems "“ everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility "“ ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement "“ restaurants, entertainment, Riverwalk, and jobs "“ is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast "“ schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras

  21. 2026-02-28
    price $110,000 2052-char remark
    Show marketing remark (2052 chars)

    Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras

  22. 2026-02-27
    price $110,000 2088-char remark
    Show marketing remark (2088 chars)

    Move-in Ready Remodeled Colonial "“ Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems "“ everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility "“ ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement "“ restaurants, entertainment, Riverwalk, and jobs "“ is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast "“ schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras

  23. 2026-01-31
    listed $125,000 Active 2088-char remark
    Show marketing remark (2052 chars)

    Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras

  24. 2026-01-31
    listed $125,000 Active 2052-char remark
    Show marketing remark (2052 chars)

    Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras

  25. 2026-01-29
    historical $125,000 2052-char remark
    Show marketing remark (2052 chars)

    Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras

  26. 2026-01-26
    historical
  27. 2026-01-26
    historical
  28. 2025-01-10
    listed $125,000 Active
  29. 2025-01-10
    listed $125,000 Active
  30. 2025-01-09
    historical
  31. 2024-07-23
    historical
  32. 2024-07-23
    historical
  33. 2024-03-28
    price $120,000
  34. 2024-03-27
    price $120,000
  35. 2024-01-27
    listed $125,000 Active
  36. 2024-01-27
    listed $125,000 Active
  37. 2024-01-25
    historical
  38. 2024-01-25
    historical
  39. 2007-08-02
    historical
  40. 2007-04-11
    historical
  41. 2006-08-06
    listed $79,900
  42. 2006-08-06
    listed $79,900

ⓘ 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
$240 · $20/mo
Projected year-2 tax
$813 · $68/mo
Expected delta
+$573/yr (+$48/mo · 238.8%)

ⓘ 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 ≥97°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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$14,944
− Mortgage interest
−$5,041
− Property taxes
−$240
− Insurance
−$450
− Repairs & maintenance
−$1,195
− Management
−$1,195
− Depreciation
−$2,618
Taxable income
$4,203
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,009
After-tax cash flow
$4,443/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)
24,731
Household income
$33,315
Rent vs Own
53.0% rent · 47.0% own
Severe rent burden
2172.0

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 (94%)
Race & ethnicity
Black 94% Two or more races 3% White 1%
Foreign-born
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
▼ -31.96%
Current HPI
189.6227
Rent YoY
▲ 6.14%
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

+12.6% since first listed
30 events — show timeline
  • 2026-05-08 Price Changed $90,000 MiRealSource-MiMLS
  • 2026-05-07 Relisted REALCOMP
  • 2026-05-07 Price Changed $90,000 REALCOMP
  • 2026-05-07 Relisted MiRealSource-MiMLS
  • 2026-05-05 Contingent REALCOMP
  • 2026-05-05 Contingent MiRealSource-MiMLS
  • 2026-03-23 Price Changed $100,000 MiRealSource-MiMLS
  • 2026-03-23 Price Changed $100,000 REALCOMP
  • 2026-02-28 Price Changed $110,000 MiRealSource-MiMLS
  • 2026-02-27 Price Changed $110,000 REALCOMP
  • 2026-01-31 Listed $125,000 REALCOMP
  • 2026-01-31 Listed $125,000 MiRealSource-MiMLS
  • 2026-01-29 Coming Soon $125,000 MiRealSource-MiMLS
  • 2026-01-26 Listing Removed MiRealSource-MiMLS
  • 2026-01-26 Listing Removed REALCOMP
  • 2025-01-10 Listed $125,000 MiRealSource-MiMLS
  • 2025-01-10 Listed $125,000 REALCOMP
  • 2025-01-09 Coming Soon MiRealSource-MiMLS
  • 2024-07-23 Listing Removed MiRealSource-MiMLS
  • 2024-07-23 Listing Removed REALCOMP
  • 2024-03-28 Price Changed $120,000 MiRealSource-MiMLS
  • 2024-03-27 Price Changed $120,000 REALCOMP
  • 2024-01-27 Listed $125,000 MiRealSource-MiMLS
  • 2024-01-27 Listed $125,000 REALCOMP
  • 2024-01-25 Coming Soon MiRealSource-MiMLS
  • 2024-01-25 Coming Soon REALCOMP
  • 2007-08-02 Listing Removed MiRealSource-MiMLS
  • 2007-04-11 Listing Removed REALCOMP
  • 2006-08-06 Listed $79,900 REALCOMP
  • 2006-08-06 Listed $79,900 MiRealSource-MiMLS

Property tax history

-9.2%/yr

Latest (2016): $240 · +0.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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