24025 Cunningham Ave · Warren, MI 48091

$109,900

3 bd · 1.5 ba · 1,048 sqft · SingleFamily public records · 159 Days on market

Built 1946 8,276 sqft lot $105/sqft · 29% below area Est $177k · 38% under ↓ 19% since listing

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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 +22.4/30.0
• ARV discount +15.0/15.0
• 1% rule +8.7/10.0
• DSCR +7.2/10.0
• Livability +3.7/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Don't miss this fantastic opportunity! Competitively priced, this charming three-bedroom bungalow in Warren offers a perfect blend of comfort and convenience. Situated on a nice-sized lot with a detached one-car garage, this home boasts excellent curb appeal with a welcoming covered front porch and a deck. Inside, you'll find a stylish kitchen featuring granite counter-tops, a living room enhanced by recessed lighting, and the convenience of a main floor laundry room. Two comfortable bedrooms are located on the main level, along with a main floor bathroom featuring an over-sized tub. Upstairs, discover a spacious primary bedroom complete with its own private half bath. With immediate occupancy available, this property is ideal for first-time homebuyers or savvy investors looking for a great value. Schedule your showing today!

Key facts

• Covered front porch
• Over sized tub
• Recessed lighting

Tags

• COVERED FRONT PORCH
• DETACHED ONE CAR GARAGE
• GRANITE COUNTER TOPS
• RECESSED LIGHTING
• MAIN FLOOR LAUNDRY ROOM
• OVER SIZED TUB

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $117 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $110k).
• Recommended offer: $97k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 5.2% in Warren — 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 74/100 on livability (#171 in MI, #4,491 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities D, employment D, crime D-.
• Center Line Public Schools (suburban): math 14% / reading 29% proficiency, ranked #459 of 540 in MI (top 85%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Mark C Roose Elementary School (math 17% / reading 22%, grade F, #1,110 of 1,397 statewide, top 81%, 489 students, 84% FRL); Wolfe Middle School (math 13% / reading 31%, grade F, #408 of 493 statewide, top 84%, 500 students, 72% FRL); Center Line High School (math 12% / reading 37%, grade F, #481 of 713 statewide, top 81%, 663 students, 67% FRL).
• Market conditions: Rents rising (+2.4%/yr); 170 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 1,321 units permitted in Macomb County in 2024 (86 in 5+ unit buildings).
• This rent runs 33% of the median local income ($54k/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 $760 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Macomb County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 159 days — a 12% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
• 25 sale attempts since 4y ago; this cycle's ask has dropped $30k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $85k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 4.1% of price; flood insurance adds $66/mo; built in 1946 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $96,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 159 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 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. Crime grade is D 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?
9. 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.
10. 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.
11. 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: 1.37% ✓
• Cap rate: 8.30%
• Cash-on-cash: 7.17%
• DSCR: 1.32
• GRM: 6.1

CMA / ARV

• ARV (median comp): $176,719
• List price: $109,900
• Delta: -37.81%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
23917 Grunalt Ave	0.35mi	3/1.0	1,089 (+4%)	3mo	$160,000	$147	72
4251 Dolores Ave	0.20mi	3/1.0	960 (-8%)	3mo	$161,000	$168	72
24746 Cunningham Ave	0.36mi	3/1.5	1,105 (+5%)	4mo	$138,200	$125	70
24043 Virginia Dr	0.60mi	3/1.0	1,033 (-1%)	5mo	$187,000	$181	63
23311 Panama Ave	0.61mi	3/1.0	1,015 (-3%)	3mo	$175,000	$172	61
22694 Le Fever Ave	0.62mi	3/1.0	1,000 (-5%)	2mo	$154,000	$154	60
3408 Stolzenfeld Ave	0.64mi	3/1.0	988 (-6%)	4mo	$140,000	$142	55
3471 Los Angeles Ave	0.72mi	3/1.0	988 (-6%)	2mo	$140,000	$142	53
23220 Audrey Ave	0.52mi	2/1.0 (-1)	952 (-9%)	1mo	$169,900	$178	53
23241 Hill Ave	0.52mi	2/1.0 (-1)	912 (-13%)	1mo	$145,000	$159	46
3342 Bart St	0.70mi	2/1.0 (-1)	942 (-10%)	2mo	$95,000	$101	42
22546 Ira Blvd	0.65mi	3/1.0	1,204 (+15%)	1mo	$168,000	$140	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 · 2.35% rent growth · sell at horizon

5-year hold

• IRR: -9.9%
• Equity multiple: 0.64×
• Total profit: $-11,097
• Equity at exit: $16,386

10-year hold

• IRR: -1.5%
• Equity multiple: 0.90×
• Total profit: $-3,125
• Equity at exit: $9,502

Cash invested: $30,772 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

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

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

Methodology + full state rankings →

ZIP-level market 48091

• Rents YoY: 2.4%
• Active inventory: 170
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,501 high
• Mortgage (P&I): −$576
• Tax from tax record: −$380 /mo · $4,557/yr
• Insurance: −$46
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$315
• Net cashflow: $117

Break-even live

Break-even rent $1,352

Max offer price $109,900

Occupancy floor 87%

Sensitivity live

Price	-10% $180	-5% $148	+0% $117	+5% $86	+10% $55
Rent	-10% $-1	-5% $58	+0% $117	+5% $177	+10% $236
Rate	-1.0pp $173	-0.5pp $145	base $117	+0.5pp $89	+1.0pp $60

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: $27,475
• Closing costs: $3,297
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
23378 Cunningham Ave Warren, MI	3.0	1.0	1140	$1,500	$1.32	4d	1	0.35mi
4652 E 10 Mile Rd Warren, MI	2.0	1.0	950	$1,200	$1.26	45d	1	0.44mi
3840 Bart Ave Warren, MI	3.0	1.0	1062	$1,350	$1.27	26d	1	0.50mi
3951 Los Angeles Ave Warren, MI	3.0	1.0	1258	$1,500	$1.19	26d	1	0.56mi
22580 Masch Ave Warren, MI	3.0	1.0	988	$1,450	$1.47	26d	1	0.65mi
22622 Panama Ave Warren, MI	3.0	1.5	920	$1,395	$1.52	12d	1	0.86mi
2709 Capitol Ave Warren, MI	3.0	2.0	1056	$1,649	$1.56	45d	1	0.92mi
4385 Frazho Rd Warren, MI	1.0–2.0	1.0	825	$1,305	$1.58	4d	6	0.98mi
26009 Pinehurst Dr Warren, MI	2.0	1.5	1310	$2,100	$1.60	0d	1	1.21mi
21465 Syracuse Ave Warren, MI	3.0	1.0	990	$1,375	$1.39	45d	1	1.32mi
21410 Panama St Warren, MI	3.0	1.0	900	$1,600	$1.78	26d	1	1.32mi
1770 E Woodward Heights Blvd Hazel Park, MI	2.0	1.0	850	$1,525	$1.79	14d	1	1.33mi
1770 E Woodward Heights Blvd Hazel Park, MI	1.0–2.0	1.0	712	$1,400	$1.96	6d	1	1.33mi
1770 E Woodward Heights Blvd Unit E3 Hazel Park, MI	2.0	1.0	850	$1,300	$1.53	26d	1	1.33mi
21456 Syracuse Ave Warren, MI	3.0	1.0	1160	$1,595	$1.38	45d	1	1.34mi
21456 Syracuse Ave Warren, MI	3.0	1.0	1152	$1,595	$1.38	3d	1	1.34mi
25151 Dequindre Rd Madison Heights, MI	3.0	2.0	1088	$1,279	$1.18	25d	1	1.42mi
6847 Continental Ave Warren, MI	4.0	1.0	1000	$1,595	$1.59	1d	1	1.42mi
23077 Davey Ave Hazel Park, MI	3.0	1.0	933	$1,895	$2.03	26d	1	1.44mi
20794 Audrey Ave Warren, MI	3.0	1.0	954	$1,350	$1.42	45d	1	1.47mi
25005 Lawrence Ave Center Line, MI	1.0–2.0	1.0–1.5	1000	$955	$0.95	45d	1	1.50mi

Listing history 50 events

1. 2026-05-16
   price $109,900 837-char remark

   Show marketing remark (837 chars)

   Don't miss this fantastic opportunity! Competitively priced, this charming three-bedroom bungalow in Warren offers a perfect blend of comfort and convenience. Situated on a nice-sized lot with a detached one-car garage, this home boasts excellent curb appeal with a welcoming covered front porch and a deck. Inside, you'll find a stylish kitchen featuring granite counter-tops, a living room enhanced by recessed lighting, and the convenience of a main floor laundry room. Two comfortable bedrooms are located on the main level, along with a main floor bathroom featuring an over-sized tub. Upstairs, discover a spacious primary bedroom complete with its own private half bath. With immediate occupancy available, this property is ideal for first-time homebuyers or savvy investors looking for a great value. Schedule your showing today!

2. 2026-05-16
   price $109,900 837-char remark

   Show marketing remark (837 chars)

   Don't miss this fantastic opportunity! Competitively priced, this charming three-bedroom bungalow in Warren offers a perfect blend of comfort and convenience. Situated on a nice-sized lot with a detached one-car garage, this home boasts excellent curb appeal with a welcoming covered front porch and a deck. Inside, you'll find a stylish kitchen featuring granite counter-tops, a living room enhanced by recessed lighting, and the convenience of a main floor laundry room. Two comfortable bedrooms are located on the main level, along with a main floor bathroom featuring an over-sized tub. Upstairs, discover a spacious primary bedroom complete with its own private half bath. With immediate occupancy available, this property is ideal for first-time homebuyers or savvy investors looking for a great value. Schedule your showing today!

3. 2026-04-25
   status Active 837-char remark

   Show marketing remark (837 chars)

   Don't miss this fantastic opportunity! Competitively priced, this charming three-bedroom bungalow in Warren offers a perfect blend of comfort and convenience. Situated on a nice-sized lot with a detached one-car garage, this home boasts excellent curb appeal with a welcoming covered front porch and a deck. Inside, you'll find a stylish kitchen featuring granite counter-tops, a living room enhanced by recessed lighting, and the convenience of a main floor laundry room. Two comfortable bedrooms are located on the main level, along with a main floor bathroom featuring an over-sized tub. Upstairs, discover a spacious primary bedroom complete with its own private half bath. With immediate occupancy available, this property is ideal for first-time homebuyers or savvy investors looking for a great value. Schedule your showing today!

4. 2026-04-25
   status Active 837-char remark

   Show marketing remark (837 chars)

   Don't miss this fantastic opportunity! Competitively priced, this charming three-bedroom bungalow in Warren offers a perfect blend of comfort and convenience. Situated on a nice-sized lot with a detached one-car garage, this home boasts excellent curb appeal with a welcoming covered front porch and a deck. Inside, you'll find a stylish kitchen featuring granite counter-tops, a living room enhanced by recessed lighting, and the convenience of a main floor laundry room. Two comfortable bedrooms are located on the main level, along with a main floor bathroom featuring an over-sized tub. Upstairs, discover a spacious primary bedroom complete with its own private half bath. With immediate occupancy available, this property is ideal for first-time homebuyers or savvy investors looking for a great value. Schedule your showing today!

5. 2026-04-20
   historical Accepting Backup Offers 837-char remark

   Show marketing remark (837 chars)

   Don't miss this fantastic opportunity! Competitively priced, this charming three-bedroom bungalow in Warren offers a perfect blend of comfort and convenience. Situated on a nice-sized lot with a detached one-car garage, this home boasts excellent curb appeal with a welcoming covered front porch and a deck. Inside, you'll find a stylish kitchen featuring granite counter-tops, a living room enhanced by recessed lighting, and the convenience of a main floor laundry room. Two comfortable bedrooms are located on the main level, along with a main floor bathroom featuring an over-sized tub. Upstairs, discover a spacious primary bedroom complete with its own private half bath. With immediate occupancy available, this property is ideal for first-time homebuyers or savvy investors looking for a great value. Schedule your showing today!

6. 2026-04-20
   historical Active Under Contract 837-char remark

   Show marketing remark (837 chars)

   Don't miss this fantastic opportunity! Competitively priced, this charming three-bedroom bungalow in Warren offers a perfect blend of comfort and convenience. Situated on a nice-sized lot with a detached one-car garage, this home boasts excellent curb appeal with a welcoming covered front porch and a deck. Inside, you'll find a stylish kitchen featuring granite counter-tops, a living room enhanced by recessed lighting, and the convenience of a main floor laundry room. Two comfortable bedrooms are located on the main level, along with a main floor bathroom featuring an over-sized tub. Upstairs, discover a spacious primary bedroom complete with its own private half bath. With immediate occupancy available, this property is ideal for first-time homebuyers or savvy investors looking for a great value. Schedule your showing today!

7. 2026-04-14
   price $119,900 837-char remark

   Show marketing remark (837 chars)

   Don't miss this fantastic opportunity! Competitively priced, this charming three-bedroom bungalow in Warren offers a perfect blend of comfort and convenience. Situated on a nice-sized lot with a detached one-car garage, this home boasts excellent curb appeal with a welcoming covered front porch and a deck. Inside, you'll find a stylish kitchen featuring granite counter-tops, a living room enhanced by recessed lighting, and the convenience of a main floor laundry room. Two comfortable bedrooms are located on the main level, along with a main floor bathroom featuring an over-sized tub. Upstairs, discover a spacious primary bedroom complete with its own private half bath. With immediate occupancy available, this property is ideal for first-time homebuyers or savvy investors looking for a great value. Schedule your showing today!

8. 2026-04-13
   price $119,900 837-char remark

   Show marketing remark (837 chars)

   Don't miss this fantastic opportunity! Competitively priced, this charming three-bedroom bungalow in Warren offers a perfect blend of comfort and convenience. Situated on a nice-sized lot with a detached one-car garage, this home boasts excellent curb appeal with a welcoming covered front porch and a deck. Inside, you'll find a stylish kitchen featuring granite counter-tops, a living room enhanced by recessed lighting, and the convenience of a main floor laundry room. Two comfortable bedrooms are located on the main level, along with a main floor bathroom featuring an over-sized tub. Upstairs, discover a spacious primary bedroom complete with its own private half bath. With immediate occupancy available, this property is ideal for first-time homebuyers or savvy investors looking for a great value. Schedule your showing today!

9. 2026-03-19
   price $129,900 837-char remark

   Show marketing remark (837 chars)

   Don't miss this fantastic opportunity! Competitively priced, this charming three-bedroom bungalow in Warren offers a perfect blend of comfort and convenience. Situated on a nice-sized lot with a detached one-car garage, this home boasts excellent curb appeal with a welcoming covered front porch and a deck. Inside, you'll find a stylish kitchen featuring granite counter-tops, a living room enhanced by recessed lighting, and the convenience of a main floor laundry room. Two comfortable bedrooms are located on the main level, along with a main floor bathroom featuring an over-sized tub. Upstairs, discover a spacious primary bedroom complete with its own private half bath. With immediate occupancy available, this property is ideal for first-time homebuyers or savvy investors looking for a great value. Schedule your showing today!

10. 2026-03-18
    price $129,900 837-char remark

    Show marketing remark (837 chars)

    Don't miss this fantastic opportunity! Competitively priced, this charming three-bedroom bungalow in Warren offers a perfect blend of comfort and convenience. Situated on a nice-sized lot with a detached one-car garage, this home boasts excellent curb appeal with a welcoming covered front porch and a deck. Inside, you'll find a stylish kitchen featuring granite counter-tops, a living room enhanced by recessed lighting, and the convenience of a main floor laundry room. Two comfortable bedrooms are located on the main level, along with a main floor bathroom featuring an over-sized tub. Upstairs, discover a spacious primary bedroom complete with its own private half bath. With immediate occupancy available, this property is ideal for first-time homebuyers or savvy investors looking for a great value. Schedule your showing today!

11. 2025-12-19
    listed $139,900 Active 837-char remark

    Show marketing remark (837 chars)

    Don't miss this fantastic opportunity! Competitively priced, this charming three-bedroom bungalow in Warren offers a perfect blend of comfort and convenience. Situated on a nice-sized lot with a detached one-car garage, this home boasts excellent curb appeal with a welcoming covered front porch and a deck. Inside, you'll find a stylish kitchen featuring granite counter-tops, a living room enhanced by recessed lighting, and the convenience of a main floor laundry room. Two comfortable bedrooms are located on the main level, along with a main floor bathroom featuring an over-sized tub. Upstairs, discover a spacious primary bedroom complete with its own private half bath. With immediate occupancy available, this property is ideal for first-time homebuyers or savvy investors looking for a great value. Schedule your showing today!

12. 2025-12-19
    listed $139,900 Active 837-char remark

    Show marketing remark (837 chars)

    Don't miss this fantastic opportunity! Competitively priced, this charming three-bedroom bungalow in Warren offers a perfect blend of comfort and convenience. Situated on a nice-sized lot with a detached one-car garage, this home boasts excellent curb appeal with a welcoming covered front porch and a deck. Inside, you'll find a stylish kitchen featuring granite counter-tops, a living room enhanced by recessed lighting, and the convenience of a main floor laundry room. Two comfortable bedrooms are located on the main level, along with a main floor bathroom featuring an over-sized tub. Upstairs, discover a spacious primary bedroom complete with its own private half bath. With immediate occupancy available, this property is ideal for first-time homebuyers or savvy investors looking for a great value. Schedule your showing today!

13. 2025-07-16
    status Pending
14. 2025-07-16
    status Pending
15. 2025-07-15
    historical
16. 2025-07-15
    historical
17. 2025-07-10
    price $119,900
18. 2025-07-09
    price $119,900
19. 2025-05-28
    price $124,900
20. 2025-05-28
    price $124,900
21. 2025-04-22
    listed $129,900 Active
22. 2025-04-22
    listed $129,900 Active
23. 2025-04-20
    historical
24. 2025-04-10
    historical
25. 2025-04-10
    historical
26. 2025-04-06
    historical Accepting Backup Offers
27. 2025-04-06
    historical Active Under Contract
28. 2025-03-23
    status Active
29. 2025-03-23
    status Active
30. 2025-03-17
    historical Accepting Backup Offers
31. 2025-03-17
    historical Active Under Contract
32. 2025-02-28
    price $109,999
33. 2025-02-27
    price $109,999
34. 2024-12-20
    price $113,999
35. 2024-12-20
    price $113,999
36. 2024-11-08
    listed $129,999 Active
37. 2024-11-08
    listed $129,999 Active
38. 2024-11-05
    historical
39. 2024-11-05
    historical
40. 2024-06-15
    price $137,000
41. 2024-06-14
    price $137,000
42. 2024-04-22
    listed $148,999 Active
43. 2024-04-22
    listed $148,999 Active
44. 2024-03-28
    soldstatus $85,000 Sold
45. 2024-03-28
    soldstatus $85,000 Closed
46. 2024-02-14
    status Pending
47. 2024-02-14
    status Pending
48. 2024-01-31
    status Active
49. 2024-01-31
    status Active
50. 2024-01-26
    status Pending

ⓘ 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: $4,557 · $380/mo
• Projected year-2 tax: $4,557 · $380/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 8/10 Severe FEMA zone X (unshaded) · 99% 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 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,010
• − Mortgage interest: −$6,156
• − Property taxes: −$4,557
• − Insurance: −$1,347
• − Repairs & maintenance: −$1,441
• − Management: −$1,441
• − Depreciation: −$3,197
• Taxable loss: −$128
• Est. tax savings @ 24.0%: +$31
• After-tax cash flow: $1,439/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: Center Line Public Schools
• NCES district ID: 2608580
• Math proficiency: 14% ▼ -8.00%
• Reading proficiency: 29% ▼ -3.00%
• Median HH income: $38,011
• Composite: 17.95/100
• National rank: #8992
• State rank: #459 of 540 in MI

Livability — Warren

• Score: 74/100
• State rank: #171
• US rank: #4491

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Warren, MI
• County: Macomb County · 638,552 people
• City population: 114,937
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 30,696
• Household income: $54,230
• Rent vs Own: 35.1% rent · 64.9% own
• Severe rent burden: 1296.0

Population outlook (Macomb County) Hauer SSP2

• Today (2025): 925,296 people
• By 2030: 948,226 · +2.5%
• By 2040: 983,961 · +6.3%
• By 2050: 1,010,200 · +9.2%
• By 2075: 1,076,222 · +16.3%
• By 2100: 1,077,065 · +16.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: White 47% Black 25% Asian 19% Two or more races 5% Hispanic / Latino 3% Native American 2%
• Common ancestry: Romanian 7% Lithuanian 2% Slovak 1%
• Foreign-born: 16% · Canada
• Languages at home: 77% English-only · Other Indo-European 14% Other Asian/Pacific 3% Russian/Polish/Slavic 2%

Political lean MEDSL · Macomb

• 2024 margin: R (+13.7) · D 42.2% · R 55.9% · Other 1.9%
• 2008→2024 swing: -22.3pp toward R · 2008: 8.6pp · 2024: -13.7pp
• All cycles: 2024: R+13.7 2020: R+8.1 2016: R+11.6 2012: D+4.0 2008: D+8.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -199.66%
• Current HPI: 177.9273
• Rent YoY: ▲ 2.35%
• 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

-18.5% since first listed

88 events — show timeline

• 2026-05-16 Price Changed $109,900 MiRealSource-MiMLS
• 2026-05-16 Price Changed $109,900 REALCOMP
• 2026-04-25 Relisted — MiRealSource-MiMLS
• 2026-04-25 Relisted — REALCOMP
• 2026-04-20 Contingent — MiRealSource-MiMLS
• 2026-04-20 Contingent — REALCOMP
• 2026-04-14 Price Changed $119,900 MiRealSource-MiMLS
• 2026-04-13 Price Changed $119,900 REALCOMP
• 2026-03-19 Price Changed $129,900 MiRealSource-MiMLS
• 2026-03-18 Price Changed $129,900 REALCOMP
• 2025-12-19 Listed $139,900 REALCOMP
• 2025-12-19 Listed $139,900 MiRealSource-MiMLS
• 2025-07-16 Pending — MiRealSource-MiMLS
• 2025-07-16 Pending — REALCOMP
• 2025-07-15 Listing Removed — REALCOMP
• 2025-07-15 Listing Removed — MiRealSource-MiMLS
• 2025-07-10 Price Changed $119,900 MiRealSource-MiMLS
• 2025-07-09 Price Changed $119,900 REALCOMP
• 2025-05-28 Price Changed $124,900 MiRealSource-MiMLS
• 2025-05-28 Price Changed $124,900 REALCOMP
• 2025-04-22 Listed $129,900 REALCOMP
• 2025-04-22 Listed $129,900 MiRealSource-MiMLS
• 2025-04-20 Coming Soon — MiRealSource-MiMLS
• 2025-04-10 Listing Removed — REALCOMP
• 2025-04-10 Listing Removed — MiRealSource-MiMLS
• 2025-04-06 Contingent — MiRealSource-MiMLS
• 2025-04-06 Contingent — REALCOMP
• 2025-03-23 Relisted — MiRealSource-MiMLS
• 2025-03-23 Relisted — REALCOMP
• 2025-03-17 Contingent — MiRealSource-MiMLS
• 2025-03-17 Contingent — REALCOMP
• 2025-02-28 Price Changed $109,999 MiRealSource-MiMLS
• 2025-02-27 Price Changed $109,999 REALCOMP
• 2024-12-20 Price Changed $113,999 MiRealSource-MiMLS
• 2024-12-20 Price Changed $113,999 REALCOMP
• 2024-11-08 Listed $129,999 REALCOMP
• 2024-11-08 Listed $129,999 MiRealSource-MiMLS
• 2024-11-05 Listing Removed — MiRealSource-MiMLS
• 2024-11-05 Listing Removed — REALCOMP
• 2024-06-15 Price Changed $137,000 MiRealSource-MiMLS
• 2024-06-14 Price Changed $137,000 REALCOMP
• 2024-04-22 Listed $148,999 MiRealSource-MiMLS
• 2024-04-22 Listed $148,999 REALCOMP
• 2024-03-28 Sold (MLS) $85,000 MiRealSource-MiMLS
• 2024-03-28 Sold (MLS) $85,000 REALCOMP
• 2024-02-14 Pending — MiRealSource-MiMLS
• 2024-02-14 Pending — REALCOMP
• 2024-01-31 Relisted — MiRealSource-MiMLS
• 2024-01-31 Relisted — REALCOMP
• 2024-01-26 Pending — MiRealSource-MiMLS
• 2024-01-26 Pending — REALCOMP
• 2024-01-19 Price Changed $84,900 MiRealSource-MiMLS
• 2024-01-18 Price Changed $84,900 REALCOMP
• 2023-12-22 Relisted — MiRealSource-MiMLS
• 2023-12-22 Relisted — REALCOMP
• 2023-12-15 Pending — MiRealSource-MiMLS
• 2023-12-15 Pending — REALCOMP
• 2023-11-01 Listed $89,900 MiRealSource-MiMLS
• 2023-11-01 Listed $89,900 REALCOMP
• 2023-10-30 Listing Removed — MiRealSource-MiMLS
• 2023-10-30 Listing Removed — REALCOMP
• 2023-10-07 Price Changed $119,900 MiRealSource-MiMLS
• 2023-10-07 Price Changed $119,900 REALCOMP
• 2023-10-04 Price Changed $124,900 MiRealSource-MiMLS
• 2023-10-03 Price Changed $124,900 REALCOMP
• 2023-08-24 Price Changed $132,900 MiRealSource-MiMLS
• 2023-08-24 Price Changed $132,900 REALCOMP
• 2023-08-18 Price Changed $134,900 MiRealSource-MiMLS
• 2023-08-18 Price Changed $134,900 REALCOMP
• 2023-08-13 Listed $139,900 MiRealSource-MiMLS
• 2023-08-13 Listed $139,900 REALCOMP
• 2023-08-09 Coming Soon — MiRealSource-MiMLS
• 2023-08-09 Coming Soon — REALCOMP
• 2022-06-12 Listing Removed — REALCOMP
• 2022-06-12 Listing Removed — MiRealSource-MiMLS
• 2022-06-12 Listing Removed — MiRealSource-MiMLS
• 2022-05-09 Relisted — MiRealSource-MiMLS
• 2022-05-09 Relisted — REALCOMP
• 2022-04-25 Listing Removed — REALCOMP
• 2022-04-25 Listing Removed — MiRealSource-MiMLS
• 2022-03-21 Price Changed $134,900 MiRealSource-MiMLS
• 2022-03-21 Price Changed $134,900 REALCOMP
• 2022-02-25 Listed $139,500 MiRealSource-MiMLS
• 2022-02-25 Listed $139,500 REALCOMP
• 2022-02-21 Coming Soon — MiRealSource-MiMLS
• 2022-02-21 Coming Soon — REALCOMP
• 2022-02-21 Listed $134,900 MiRealSource-MiMLS
• 2021-09-07 Listing Removed — REALCOMP

Property tax history

+12.3%/yr

Latest (2025): $4,557 · +33.8% YoY. Source: county tax records.