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232 S Wildwood St
D Composite 43.18
Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +15.0/30.0
  • ARV discount +7.6/15.0
  • 1% rule +4.6/10.0
  • DSCR +4.6/10.0
  • Livability +3.9/5.0
  • Rent growth +3.3/5.0
  • Condition / age +2.5/5.0
  • Schools +1.6/10.0
  • Appreciation +0.0/10.0

$200,000

232 S Wildwood St · Westland, MI 48186
5 bd · 2.0 ba · 1,463 sqft · SingleFamily public records · 192 Days on market
Built 1962 6,970 sqft lot Est $200k · at est.

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

Key facts

  • 6,970 sq ft lot
  • 2 garage spots
  • Pool

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 5-bed/2.0-bath single-family listed at $200k.

Deal economics

  • At list price, monthly cash flow is $64 ($764/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $193k (3.7% below list).
  • Recommended offer: $176k (12.0% below list) — sets the bar for market timing.
  • Cap rate 6.7% vs local median 4.4% in Westland — 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 77/100 on livability (#124 in MI, #3,067 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities C-, employment C-, crime D+.
  • 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.
  • Zoned schools: Wildwood Elementary School (math 12% / reading 22%, grade F, #1,149 of 1,397 statewide, top 84%, 531 students, 55% FRL); Adlai Stevenson Middle School (math 10% / reading 34%, grade F, #408 of 493 statewide, top 84%, 678 students, 55% FRL); John Glenn High School (math 21% / reading 45%, grade F, #402 of 713 statewide, top 56%, 1,542 students, 53% FRL) — zoned schools at 54% FRL track the district average.
  • Market conditions: Rents rising (+3.3%/yr); 152 active listings in the ZIP; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • This rent runs 35% of the median local income ($65k/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 $1k of loan paydown is wiped out by about $6k 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.

Negotiation context

  • It's been on market 192 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts since 18y ago; this cycle's ask has dropped $35k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $75k; list at $200k implies a 166% gain — meaningful room to come down on a strong offer.
Recommended offer $176,000 (12.0% below list)

Questions for the listing agent

  1. It's been on market 192 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 1962 — 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 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?
  6. 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?
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. 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.
  9. 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.
  10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.96%
Cap rate
6.68%
Cash-on-cash
1.37%
DSCR
1.06
GRM
8.7

CMA / ARV

ARV (on-the-fly)
$200,431
Comps found
9
Show comp detail 9 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
232 S Wildwood St 0.00mi 5/2.0 1,500 (+2%) 1mo $200,000 $133 95
537 S Wildwood St 0.14mi 4/1.5 (-1) 1,400 (-4%) 11mo $260,000 $186 70
34465 Fairchild St 0.50mi 4/2.0 (-1) 1,490 (+2%) 8mo $263,000 $177 62
33510 Cherry Hill Rd 0.43mi 4/1.5 (-1) 1,469 (+0%) 14mo $215,000 $146 61
34645 Hiveley St 0.23mi 4/2.0 (-1) 1,603 (+10%) 21mo $220,000 $137 51
33735 Somerset St 0.30mi 4/2.0 (-1) 1,300 (-11%) 20mo $260,000 $200 46
35341 Rosslyn St 0.59mi 4/2.0 (-1) 1,584 (+8%) 13mo $170,000 $107 42
35759 Somerset St 0.70mi 4/1.5 (-1) 1,603 (+10%) 3mo $195,000 $122 42
539 N Wayne Rd 0.61mi 4/2.0 (-1) 1,568 (+7%) 20mo $215,000 $137 38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.28% rent growth · sell at horizon

5-year hold
IRR
-13.7%
Equity multiple
0.50×
Total profit
$-27,731
Equity at exit
$29,821
10-year hold
IRR
-4.4%
Equity multiple
0.71×
Total profit
$-16,370
Equity at exit
$17,292

Cash invested: $56,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
62 Landlord-Friendly
State Michigan
62 Landlord-Friendly · EVEN
County
— inherits STATE
City
— inherits STATE
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

ZIP-level market 48186

Rents YoY
3.3%
Active inventory
152
Price-to-rent
8.7×

Monthly cashflow live

Estimated rent
$1,926 medium interval (Pro) →
Mortgage (P&I)
$1,049
Tax from tax record
$326 /mo · $3,909/yr
Insurance
$83
HOA
$0
Vacancy / Maint / Mgmt
$404
Net cashflow
$64

Break-even live

Break-even rent $1,845
Max offer price $200,000
Occupancy floor 92%

Sensitivity live

Price -10% $177 -5% $120 +0% $64 +5% $7 +10% $-50
Rent -10% $-88 -5% $-12 +0% $64 +5% $140 +10% $216
Rate -1.0pp $164 -0.5pp $115 base $64 +0.5pp $12 +1.0pp $-41

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
$50,000
Closing costs
$6,000
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.

Listing history 30 events

  1. 2026-04-19
    status Pending 1835-char remark
    Show marketing remark (1835 chars)

    Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

  2. 2026-04-19
    status Pending
    Show marketing remark (1835 chars)

    Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

  3. 2026-03-13
    status Active 1835-char remark
    Show marketing remark (1835 chars)

    Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

  4. 2026-03-13
    status Active
    Show marketing remark (1835 chars)

    Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

  5. 2026-02-17
    status Pending 1835-char remark
    Show marketing remark (1835 chars)

    Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

  6. 2026-02-17
    status Pending
    Show marketing remark (1835 chars)

    Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

  7. 2025-12-12
    price $200,000 1835-char remark
    Show marketing remark (1835 chars)

    Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

  8. 2025-12-11
    price $200,000
  9. 2025-10-31
    price $215,000 1835-char remark
    Show marketing remark (1835 chars)

    Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

  10. 2025-10-30
    price $215,000
  11. 2025-09-25
    price $225,000 1835-char remark
    Show marketing remark (1835 chars)

    Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

  12. 2025-09-24
    price $225,000
  13. 2025-09-20
    status Active 1835-char remark
    Show marketing remark (1835 chars)

    Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

  14. 2025-09-20
    status Active
    Show marketing remark (1835 chars)

    Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

  15. 2025-09-19
    status Pending 1835-char remark
    Show marketing remark (1835 chars)

    Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

  16. 2025-09-19
    status Pending
    Show marketing remark (1835 chars)

    Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

  17. 2025-09-13
    listed $235,000 Active 1835-char remark
    Show marketing remark (1835 chars)

    Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

  18. 2025-09-13
    listed $235,000 Active
    Show marketing remark (1835 chars)

    Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

  19. 2025-09-12
    historical $235,000 1835-char remark
    Show marketing remark (1835 chars)

    Great investment with high rental possibilities. This one of a kind 5-bedroom, cape cod offers a unique combination of comfort, style & space. You're first greeted by the foyer open to the large formal living room that offers a bay window, new carpet and fresh paint. The updated light & airy eat-in kitchen offers stylish grey cabinetry, laminate flooring, and newer stainless appliances (4 years). The breakfast nook area provides a doorwall leading to a large cement patio area. The back room doubles as an office or could be a 5th bedroom. This home currently features a spacious primary bedroom on both the main and 2nd floor levels, but the main floor primary was once two separate bedrooms that could be converted back. Both of the main and second floor bathrooms have past updates, finished with ceramic tile on both flooring and shower walls. The basement is a work in progress but has electrical throughout waiting for your finishing touches. Bonus features. .. fresh paint, neutral carpet, updated lighting, newer faucet fixtures, Paine high efficiency furnace (2012), central air (2012), newer vinyl windows, updated electrical (100 amp), newer washer (2021), new dryer (6 months), and pool liner (2023). Fenced backyard has many fun possibilities. The ideal setting for fresh air fun with friends and family, be it poolside in the summer, or by the firepit on those cool autumn nights. Oversized 2 1/2 car garage could be a mechanics dream where you should have space enough for your vehicles, tools, and all your grown-up toys. A short walk to Wildwood Elementary. Close proximity to local shops, restaurants, and all major expressways. City inspection has been completed. Home priced well below market value based on square footage and features. Feel the spirit of the past while building a great investment.

  20. 2013-09-23
    soldstatus $75,103 496-char remark
    Show marketing remark (496 chars)

    HUD Hm In w/ Escw repairs $2,750: Replace 2 interior handrails/attic vent/drain line/HVAC. Repair dmg plbg. Missing section of rear siding. Prop is NOT located in FEMA Special Flood Hazard Area but listed as moderate to low flood risk. Refer to www. FloodSmart. gov. for add inform regarding flood zones & insurance. 203K Eligible. For overbidding & /or escw repair inform, please see att "Overbidding & Escw Repair" & Bidding & Lending on HUD Hms MLS adden

  21. 2013-09-23
    soldstatus $75,103
    Show marketing remark (496 chars)

    HUD Hm In w/ Escw repairs $2,750: Replace 2 interior handrails/attic vent/drain line/HVAC. Repair dmg plbg. Missing section of rear siding. Prop is NOT located in FEMA Special Flood Hazard Area but listed as moderate to low flood risk. Refer to www. FloodSmart. gov. for add inform regarding flood zones & insurance. 203K Eligible. For overbidding & /or escw repair inform, please see att "Overbidding & Escw Repair" & Bidding & Lending on HUD Hms MLS adden

  22. 2013-08-02
    historical 496-char remark
    Show marketing remark (496 chars)

    HUD Hm In w/ Escw repairs $2,750: Replace 2 interior handrails/attic vent/drain line/HVAC. Repair dmg plbg. Missing section of rear siding. Prop is NOT located in FEMA Special Flood Hazard Area but listed as moderate to low flood risk. Refer to www. FloodSmart. gov. for add inform regarding flood zones & insurance. 203K Eligible. For overbidding & /or escw repair inform, please see att "Overbidding & Escw Repair" & Bidding & Lending on HUD Hms MLS adden

  23. 2013-08-02
    historical
    Show marketing remark (496 chars)

    HUD Hm In w/ Escw repairs $2,750: Replace 2 interior handrails/attic vent/drain line/HVAC. Repair dmg plbg. Missing section of rear siding. Prop is NOT located in FEMA Special Flood Hazard Area but listed as moderate to low flood risk. Refer to www. FloodSmart. gov. for add inform regarding flood zones & insurance. 203K Eligible. For overbidding & /or escw repair inform, please see att "Overbidding & Escw Repair" & Bidding & Lending on HUD Hms MLS adden

  24. 2013-07-23
    listed $75,000 496-char remark
    Show marketing remark (496 chars)

    HUD Hm In w/ Escw repairs $2,750: Replace 2 interior handrails/attic vent/drain line/HVAC. Repair dmg plbg. Missing section of rear siding. Prop is NOT located in FEMA Special Flood Hazard Area but listed as moderate to low flood risk. Refer to www. FloodSmart. gov. for add inform regarding flood zones & insurance. 203K Eligible. For overbidding & /or escw repair inform, please see att "Overbidding & Escw Repair" & Bidding & Lending on HUD Hms MLS adden

  25. 2013-07-23
    listed $75,000
    Show marketing remark (496 chars)

    HUD Hm In w/ Escw repairs $2,750: Replace 2 interior handrails/attic vent/drain line/HVAC. Repair dmg plbg. Missing section of rear siding. Prop is NOT located in FEMA Special Flood Hazard Area but listed as moderate to low flood risk. Refer to www. FloodSmart. gov. for add inform regarding flood zones & insurance. 203K Eligible. For overbidding & /or escw repair inform, please see att "Overbidding & Escw Repair" & Bidding & Lending on HUD Hms MLS adden

  26. 2008-10-15
    soldstatus $129,500
  27. 2008-09-24
    soldstatus $129,500
  28. 2008-06-24
    listed $129,900
  29. 2008-06-24
    historical
  30. 2008-06-05
    listed $139,900

ⓘ 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
$3,909 · $326/mo
Projected year-2 tax
$3,909 · $326/mo
Expected delta
$0/yr ($0/mo · -0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 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
$23,113
− Mortgage interest
−$11,203
− Property taxes
−$3,909
− Insurance
−$1,000
− Repairs & maintenance
−$1,849
− Management
−$1,849
− Depreciation
−$5,818
Taxable loss
−$2,515
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$604
After-tax cash flow
$1,368/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 — Westland

Score
77/100
State rank
#124
US rank
#3067

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Westland, MI
County
Wayne County · 1,562,939 people
City population
83,633
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
35,103
Household income
$65,187
Rent vs Own
31.3% rent · 68.7% own
Severe rent burden
980.0

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
Diverse neighborhood (Simpson 0.57)
Race & ethnicity
White 61% Black 23% Two or more races 10% Hispanic / Latino 6% Asian 2%
Hispanic origin (detail)
Mexican 4%
Common ancestry
Romanian 8% Italian 3% Lithuanian 3%
Foreign-born
7% · Canada, China
Languages at home
88% English-only · Spanish 4% Other Indo-European 2% Arabic 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
▼ -262.09%
Current HPI
237.6325
Rent YoY
▲ 3.28%
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

+43.0% since first listed
30 events — show timeline
  • 2026-04-19 Pending MiRealSource-MiMLS
  • 2026-04-19 Pending REALCOMP
  • 2026-03-13 Relisted MiRealSource-MiMLS
  • 2026-03-13 Relisted REALCOMP
  • 2026-02-17 Pending MiRealSource-MiMLS
  • 2026-02-17 Pending REALCOMP
  • 2025-12-12 Price Changed $200,000 MiRealSource-MiMLS
  • 2025-12-11 Price Changed $200,000 REALCOMP
  • 2025-10-31 Price Changed $215,000 MiRealSource-MiMLS
  • 2025-10-30 Price Changed $215,000 REALCOMP
  • 2025-09-25 Price Changed $225,000 MiRealSource-MiMLS
  • 2025-09-24 Price Changed $225,000 REALCOMP
  • 2025-09-20 Relisted MiRealSource-MiMLS
  • 2025-09-20 Relisted REALCOMP
  • 2025-09-19 Pending MiRealSource-MiMLS
  • 2025-09-19 Pending REALCOMP
  • 2025-09-13 Listed $235,000 MiRealSource-MiMLS
  • 2025-09-13 Listed $235,000 REALCOMP
  • 2025-09-12 Coming Soon $235,000 MiRealSource-MiMLS
  • 2013-09-23 Sold (MLS) $75,103 REALCOMP
  • 2013-09-23 Sold (MLS) $75,103 MiRealSource-MiMLS
  • 2013-08-02 Listing Removed REALCOMP
  • 2013-08-02 Listing Removed MiRealSource-MiMLS
  • 2013-07-23 Listed $75,000 REALCOMP
  • 2013-07-23 Listed $75,000 MiRealSource-MiMLS
  • 2008-10-15 Sold (Public Records) $129,500 Public Records
  • 2008-09-24 Sold (MLS) $129,500 REALCOMP
  • 2008-06-24 Listing Removed REALCOMP
  • 2008-06-24 Listed $129,900 REALCOMP
  • 2008-06-05 Listed $139,900 REALCOMP

Property tax history

+3.7%/yr

Latest (2025): $3,909 · -19.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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