232 S Wildwood St · Westland, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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.
Questions for the listing agent
- 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?
- Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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.
- 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.
- 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
- IRR
- -13.7%
- Equity multiple
- 0.50×
- Total profit
- $-27,731
- Equity at exit
- $29,821
- 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
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
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
-
2026-04-19status 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.
-
2026-04-19status 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.
-
2026-03-13status 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.
-
2026-03-13status 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.
-
2026-02-17status 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.
-
2026-02-17status 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.
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2025-12-12price $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.
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2025-12-11price $200,000
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2025-10-31price $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.
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2025-10-30price $215,000
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2025-09-25price $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.
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2025-09-24price $225,000
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2025-09-20status 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.
-
2025-09-20status 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.
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2025-09-19status 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.
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2025-09-19status 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.
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2025-09-13$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.
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2025-09-13$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.
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2025-09-12historical $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.
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2013-09-23soldstatus $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
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2013-09-23soldstatus $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
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2013-08-02historical 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
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2013-08-02historical
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
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2013-07-23$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
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2013-07-23$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
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2008-10-15soldstatus $129,500
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2008-09-24soldstatus $129,500
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2008-06-24$129,900
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2008-06-24historical
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2008-06-05$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
- 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
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
- 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 |
|---|---|---|
| Automotive Parts | 3 | $48B |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
|
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| Automotive Technology | 1 | $20B |
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Price history
+43.0% since first listed30 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%/yrLatest (2025): $3,909 · -19.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…