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8203 Brace St
B- Composite 65.61
Why this score? — see what drove the B- grade

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

  • Cash flow +30.0/30.0
  • DSCR +10.0/10.0
  • 1% rule +8.7/10.0
  • ARV discount +7.5/15.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Rent growth +1.9/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$89,000

8203 Brace St · Detroit, MI 48228
3 bd · 1.0 ba · 895 sqft · SingleFamily public records · 188 Days on market
Built 1943 4,792 sqft lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

AAdd this beautiful corner home in the Brightmoor neighborhood of Detroit's west side to your portfolio. Home is tenant occupied until 2027. The home was fully rehabbed in 2019 with new roof, plumbing and electric. Kitchen and bathroom also updated in 2019. Home has carpet flooring throughout with vinyl in kitchen and bathroom. Perfect investment opportunity for investors seeking a turnkey rental. Currently professionally managed by Clara Robinson PA Property Management.

Key facts

  • Fully rehabbed
  • New plumbing
  • New electric

Tags

FULLY REHABBEDNEW ROOFNEW PLUMBINGNEW ELECTRICUPDATED KITCHENUPDATED BATHROOM

Property features AI

Exterior

  • Parking: No garage
  • Utilities: Public water; Public sewer; Electric service with circuit breakers, fuses, and 220 volts
  • Home design: Single-family residence; Two stories; Ground-level entry with steps; Vinyl siding
  • Construction: Shingle roof; Block foundation; New construction
  • Exterior features: Porch; Paved road access

Interior

  • Bedrooms: 3 total rooms (includes all living areas)
  • Bathrooms: 1 full bathroom
  • Heating & cooling: No central cooling; Natural gas heating; ENERGY STAR qualified equipment
  • Interior features: Unfurnished; Electric water heater; Unfinished basement
  • Laundry & utility: Washer hookup; Electric dryer hookup

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $89k.

Deal economics

  • At list price, monthly cash flow is $366 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $89k).
  • Recommended offer: $78k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
  • Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents soft (-2.3%/yr); 363 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 59% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • At $1,222/mo this rent would consume 48% of the median local household income ($31k/yr) (locally 4144% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $615 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 0.0% rent growth), your $25k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 188 days — a 12% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
  • 19 sale attempts since 29y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $12k; list at $89k implies a 642% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $56/mo; built in 1943 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $78,320 (12.0% below list)

Questions for the listing agent

  1. It's been on market 188 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 1943 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  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
1.37%
Cap rate
11.98%
Cash-on-cash
20.30%
DSCR
1.90
GRM
6.1

CMA / ARV

ARV (on-the-fly)
$54,595
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
8309 Brace St 0.10mi 3/1.5 864 (-4%) 1mo $28,500 $33 87
8630 Greenview Ave 0.29mi 3/1.0 924 (+3%) 3mo $50,000 $54 79
8686 Artesian St 0.34mi 3/1.0 864 (-4%) 2mo $35,000 $41 77
8225 Grandville Ave 0.31mi 2/1.0 (-1) 906 (+1%) 2mo $36,500 $40 77
7756 Westwood St 0.41mi 3/1.0 871 (-3%) 2mo $90,000 $103 75
7667 Greenview Ave 0.31mi 3/1.0 960 (+7%) 2mo $65,100 $68 72
8651 Brace Street St 0.29mi 3/1.0 987 (+10%) 2mo $60,000 $61 68
8449 Penrod St 0.26mi 3/1.0 1,011 (+13%) 0mo $95,000 $94 66
8271 Rosemont Ave 0.26mi 2/1.0 (-1) 1,000 (+12%) 2mo $35,500 $36 62
7296 Auburn St 0.71mi 3/1.0 968 (+8%) 2mo $38,000 $39 52
9221 Grandville Ave 0.73mi 3/1.0 971 (+8%) 2mo $135,000 $139 50
7313 Grandville Ave 0.60mi 2/1.0 (-1) 765 (-14%) 0mo $70,000 $92 43

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
5.7%
Equity multiple
1.21×
Total profit
$5,313
Equity at exit
$13,270
10-year hold
IRR
12.2%
Equity multiple
1.84×
Total profit
$20,833
Equity at exit
$7,695

Cash invested: $24,920 (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 48228

Rents YoY
-2.3%
Active inventory
363
Price-to-rent
6.1×

Monthly cashflow live

Estimated rent
$1,222 high interval (Pro) →
Mortgage (P&I)
$467
Tax from tax record
$40 /mo · $483/yr
Insurance
$37
Flood insurance flood zone
−$56 /mo · $666/yr
HOA
$0
Vacancy / Maint / Mgmt
$257
Net cashflow
$366

Break-even live

Break-even rent $759
Max offer price $89,000
Occupancy floor 65%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$22,250
Closing costs
$2,670
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 37 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
8262 Rosemont Ave Detroit, MI 3.0 1.0 836 $1,200 $1.44 5d 1 0.30mi
8451 Rosemont Ave Detroit, MI 3.0 1.0 867 $1,150 $1.33 44d 1 0.33mi
19301 Joy Rd Apt 1 Detroit, MI 2.0 1.0 750 $1,100 $1.47 44d 1 0.48mi
8850 Rosemont Ave Detroit, MI 3.0 1.0 933 $1,100 $1.18 18d 1 0.54mi
9090 Stahelin Ave Detroit, MI 2.0 1.0 787 $1,250 $1.59 44d 1 0.61mi
7794 Vaughan St Detroit, MI 3.0 1.0 1000 $1,450 $1.45 17d 1 0.67mi
8283 Vaughan St Detroit, MI 3.0 1.0 1058 $1,294 $1.22 5d 1 0.69mi
7635 Evergreen Ave Detroit, MI 3.0 1.0 690 $1,350 $1.96 44d 1 0.69mi
9108 Archdale St Detroit, MI 3.0 1.0 1000 $1,300 $1.30 5d 1 0.78mi
20431 Tireman St Detroit, MI 3.0 1.0 1020 $1,350 $1.32 17d 1 0.82mi
7411 Stout St Detroit, MI 3.0 1.0 888 $1,428 $1.61 13d 1 0.89mi
6490 Stahelin Ave Detroit, MI 3.0 1.0 960 $1,299 $1.35 17d 1 0.91mi
18450 W Chicago Detroit, MI 1.0–2.0 1.0 687 $1,117 $1.62 2d 15 0.92mi
19449 W Chicago St Detroit, MI 3.0 1.5 950 $1,500 $1.58 44d 1 0.96mi
6761 Memorial Ave Detroit, MI 3.0 1.0 1060 $1,100 $1.04 24d 1 1.02mi
8270 Trinity St Detroit, MI 3.0 1.0 806 $1,528 $1.90 44d 1 1.15mi
7419 Rutherford St Detroit, MI 2.0 1.0 981 $1,150 $1.17 15d 1 1.21mi
9401 Fielding St Detroit, MI 2.0 1.0 1000 $900 $0.90 44d 1 1.24mi
20529 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 44d 1 1.24mi
9410 Patton St Detroit, MI 2.0 1.0 1000 $900 $0.90 44d 1 1.25mi
20541 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 44d 1 1.25mi
20545 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 44d 1 1.25mi
9059 Burt Rd Detroit, MI 3.0 1.0 980 $1,400 $1.43 44d 1 1.25mi
9404 Patton St Detroit, MI 2.0 1.0 1000 $900 $0.90 44d 1 1.25mi
20547 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 44d 1 1.25mi
20522 W Chicago Detroit, MI 2.0 1.0 1000 $950 $0.95 44d 1 1.26mi
20550 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 44d 1 1.27mi
20619 W Chicago Detroit, MI 2.0 1.0 950 $1,200 $1.26 44d 1 1.28mi
9345 Rutherford St Unit 3 Detroit, MI 2.0 1.0 850 $1,050 $1.24 24d 1 1.37mi
5777 Southfield Fwy Detroit, MI 2.0 1.0–2.0 667 $1,540 $2.31 3d 10 1.43mi
20921 W Chicago Detroit, MI 2.0 1.0 1000 $950 $0.95 44d 1 1.43mi
9222 Forrer St Detroit, MI 3.0 1.0 947 $1,450 $1.53 17d 1 1.44mi
20935 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 44d 1 1.45mi
20937 W Chicago Detroit, MI 2.0 1.0 1000 $950 $0.95 44d 1 1.45mi
9416 Trinity St Detroit, MI 2.0 1.0 1000 $950 $0.95 44d 1 1.45mi
20945 W Chicago Detroit, MI 2.0 1.0 1000 $950 $0.95 44d 1 1.45mi
5965 Evergreen Rd Dearborn Heights, MI 1.0–2.0 1.0 825 $1,350 $1.64 5d 1 1.49mi

Listing history 50 events

  1. 2026-06-18
    days on market $89,000 Active 188 DOM
  2. 2026-06-17
    days on market $89,000 Active 187 DOM
  3. 2026-06-15
    days on market $89,000 Active 185 DOM
  4. 2026-06-13
    days on market $89,000 Active 183 DOM
  5. 2026-06-13
    days on market $89,000 Active 182 DOM
  6. 2026-06-09
    days on market $89,000 Active 179 DOM
  7. 2026-06-08
    days on market $89,000 Active 178 DOM
  8. 2026-06-07
    days on market $89,000 Active 177 DOM
  9. 2026-06-04
    days on market $89,000 Active 174 DOM
  10. 2026-06-03
    days on market $89,000 Active 173 DOM
  11. 2026-06-01
    days on market $89,000 Active 171 DOM
  12. 2026-05-31
    days on market $89,000 Active 170 DOM
  13. 2026-05-17
    status Active 475-char remark
    Show marketing remark (475 chars)

    AAdd this beautiful corner home in the Brightmoor neighborhood of Detroit's west side to your portfolio. Home is tenant occupied until 2027. The home was fully rehabbed in 2019 with new roof, plumbing and electric. Kitchen and bathroom also updated in 2019. Home has carpet flooring throughout with vinyl in kitchen and bathroom. Perfect investment opportunity for investors seeking a turnkey rental. Currently professionally managed by Clara Robinson PA Property Management.

  14. 2026-05-17
    status Active
    Show marketing remark (475 chars)

    AAdd this beautiful corner home in the Brightmoor neighborhood of Detroit's west side to your portfolio. Home is tenant occupied until 2027. The home was fully rehabbed in 2019 with new roof, plumbing and electric. Kitchen and bathroom also updated in 2019. Home has carpet flooring throughout with vinyl in kitchen and bathroom. Perfect investment opportunity for investors seeking a turnkey rental. Currently professionally managed by Clara Robinson PA Property Management.

  15. 2026-03-26
    status Pending 475-char remark
    Show marketing remark (475 chars)

    AAdd this beautiful corner home in the Brightmoor neighborhood of Detroit's west side to your portfolio. Home is tenant occupied until 2027. The home was fully rehabbed in 2019 with new roof, plumbing and electric. Kitchen and bathroom also updated in 2019. Home has carpet flooring throughout with vinyl in kitchen and bathroom. Perfect investment opportunity for investors seeking a turnkey rental. Currently professionally managed by Clara Robinson PA Property Management.

  16. 2026-03-26
    status Pending
    Show marketing remark (475 chars)

    AAdd this beautiful corner home in the Brightmoor neighborhood of Detroit's west side to your portfolio. Home is tenant occupied until 2027. The home was fully rehabbed in 2019 with new roof, plumbing and electric. Kitchen and bathroom also updated in 2019. Home has carpet flooring throughout with vinyl in kitchen and bathroom. Perfect investment opportunity for investors seeking a turnkey rental. Currently professionally managed by Clara Robinson PA Property Management.

  17. 2026-02-26
    historical $1,100
  18. 2025-10-21
    listed $89,000 Active
    Show marketing remark (475 chars)

    AAdd this beautiful corner home in the Brightmoor neighborhood of Detroit's west side to your portfolio. Home is tenant occupied until 2027. The home was fully rehabbed in 2019 with new roof, plumbing and electric. Kitchen and bathroom also updated in 2019. Home has carpet flooring throughout with vinyl in kitchen and bathroom. Perfect investment opportunity for investors seeking a turnkey rental. Currently professionally managed by Clara Robinson PA Property Management.

  19. 2025-10-21
    listed $89,000 Active 475-char remark
    Show marketing remark (475 chars)

    AAdd this beautiful corner home in the Brightmoor neighborhood of Detroit's west side to your portfolio. Home is tenant occupied until 2027. The home was fully rehabbed in 2019 with new roof, plumbing and electric. Kitchen and bathroom also updated in 2019. Home has carpet flooring throughout with vinyl in kitchen and bathroom. Perfect investment opportunity for investors seeking a turnkey rental. Currently professionally managed by Clara Robinson PA Property Management.

  20. 2025-09-24
    price $1,100
  21. 2025-04-02
    listed $1,200
  22. 2024-02-04
    historical $1,200
  23. 2023-12-13
    listed $1,200
  24. 2018-09-24
    soldstatus $12,000 Sold 131-char remark
    Show marketing remark (131 chars)

    Endless options with this recently vacated 3 bed Warrendale Ranch. Features a newer roof and siding! Call today to schedule a tour.

  25. 2018-09-24
    soldstatus $12,000 Closed
    Show marketing remark (131 chars)

    Endless options with this recently vacated 3 bed Warrendale Ranch. Features a newer roof and siding! Call today to schedule a tour.

  26. 2018-06-01
    status Pending
    Show marketing remark (131 chars)

    Endless options with this recently vacated 3 bed Warrendale Ranch. Features a newer roof and siding! Call today to schedule a tour.

  27. 2018-06-01
    status Pending 131-char remark
    Show marketing remark (131 chars)

    Endless options with this recently vacated 3 bed Warrendale Ranch. Features a newer roof and siding! Call today to schedule a tour.

  28. 2018-04-20
    listed $16,000 Active 131-char remark
    Show marketing remark (131 chars)

    Endless options with this recently vacated 3 bed Warrendale Ranch. Features a newer roof and siding! Call today to schedule a tour.

  29. 2018-04-20
    listed $16,000 Active
    Show marketing remark (131 chars)

    Endless options with this recently vacated 3 bed Warrendale Ranch. Features a newer roof and siding! Call today to schedule a tour.

  30. 2013-04-30
    historical
  31. 2013-04-30
    historical
  32. 2012-11-08
    listed $4,500
  33. 2012-11-08
    listed $4,500
  34. 2008-10-08
    soldstatus $3,900
  35. 2008-09-30
    historical
  36. 2008-07-23
    listed $3,900
  37. 2008-07-23
    listed $3,900
  38. 2005-05-20
    soldstatus $82,500
  39. 2005-01-01
    listed $82,400
  40. 2004-12-31
    historical
  41. 2004-11-08
    listed $64,900
  42. 2004-11-08
    historical
  43. 2004-10-20
    listed $69,900
  44. 2004-10-20
    historical
  45. 2004-09-21
    listed $74,900
  46. 2004-09-21
    historical
  47. 2004-08-27
    listed $76,900
  48. 2004-08-26
    soldstatus $35,000
  49. 2004-03-17
    listed $38,000
  50. 2003-06-02
    soldstatus $75,000

ⓘ 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
$483 · $40/mo
Projected year-2 tax
$927 · $77/mo
Expected delta
+$444/yr (+$37/mo · 91.8%)

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

Climate risk First Street

  • 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$14,667
− Mortgage interest
−$4,985
− Property taxes
−$483
− Insurance
−$1,112
− Repairs & maintenance
−$1,173
− Management
−$1,173
− Depreciation
−$2,589
Taxable income
$3,151
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$756
After-tax cash flow
$3,635/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Detroit Public Schools Community District
NCES district ID
2601103
Math proficiency
10% ▼ -2.00%
Reading proficiency
24% ▲ 6.00%
Median HH income
$25,815
Composite
13.06/100
National rank
#9564
State rank
#499 of 540 in MI

Livability — Detroit

Score
73/100
State rank
#218
US rank
#5427

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Detroit, MI
County
Wayne County · 1,562,939 people
City population
572,865
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
50,117
Household income
$30,680
Rent vs Own
50.7% rent · 49.3% own
Severe rent burden
4144.0

Population outlook (Wayne County) Hauer SSP2

Today (2025)
1,675,273 people
By 2030
1,620,300 · -3.3%
By 2040
1,502,341 · -10.3%
By 2050
1,384,039 · -17.4%
By 2075
1,124,592 · -32.9%
By 2100
881,193 · -47.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Black (71%)
Race & ethnicity
Black 71% White 16% Two or more races 7% Hispanic / Latino 6%
Hispanic origin (detail)
Mexican 3% Puerto Rican 2%
Common ancestry
Arab 2% Romanian 2% Lithuanian 1%
Foreign-born
11% · Canada
Languages at home
82% English-only · Arabic 11% Spanish 5%

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
▼ -160.81%
Current HPI
168.6843
Rent YoY
▼ -2.30%
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

-90.8% since first listed
44 events — show timeline
  • 2026-05-17 Relisted MiRealSource-MiMLS
  • 2026-05-17 Relisted REALCOMP
  • 2026-03-26 Pending MiRealSource-MiMLS
  • 2026-03-26 Pending REALCOMP
  • 2026-02-26 Rental Removed $1,100 BUILDIUM
  • 2025-10-21 Listed $89,000 REALCOMP
  • 2025-10-21 Listed $89,000 MiRealSource-MiMLS
  • 2025-09-24 Price Changed $1,100 BUILDIUM
  • 2025-04-02 Listed for Rent $1,200 BUILDIUM
  • 2024-02-04 Rental Removed $1,200 BUILDIUM
  • 2023-12-13 Listed for Rent $1,200 BUILDIUM
  • 2018-09-24 Sold (MLS) $12,000 MiRealSource-MiMLS
  • 2018-09-24 Sold (MLS) $12,000 REALCOMP
  • 2018-06-01 Pending MiRealSource-MiMLS
  • 2018-06-01 Pending REALCOMP
  • 2018-04-20 Listed $16,000 MiRealSource-MiMLS
  • 2018-04-20 Listed $16,000 REALCOMP
  • 2013-04-30 Listing Removed REALCOMP
  • 2013-04-30 Listing Removed MiRealSource-MiMLS
  • 2012-11-08 Listed $4,500 REALCOMP
  • 2012-11-08 Listed $4,500 MiRealSource-MiMLS
  • 2008-10-08 Sold (MLS) $3,900 REALCOMP
  • 2008-09-30 Listing Removed REALCOMP
  • 2008-07-23 Listed $3,900 REALCOMP
  • 2008-07-23 Listed $3,900 REALCOMP
  • 2005-05-20 Sold (MLS) $82,500 REALCOMP
  • 2005-01-01 Listed $82,400 REALCOMP
  • 2004-12-31 Listing Removed REALCOMP
  • 2004-11-08 Listing Removed REALCOMP
  • 2004-11-08 Listed $64,900 REALCOMP
  • 2004-10-20 Listing Removed REALCOMP
  • 2004-10-20 Listed $69,900 REALCOMP
  • 2004-09-21 Listing Removed REALCOMP
  • 2004-09-21 Listed $74,900 REALCOMP
  • 2004-08-27 Listed $76,900 REALCOMP
  • 2004-08-26 Sold (MLS) $35,000 REALCOMP
  • 2004-03-17 Listed $38,000 REALCOMP
  • 2003-06-02 Sold (Public Records) $75,000 Public Records
  • 2000-12-12 Sold (Public Records) $58,000 Public Records
  • 1998-03-03 Listing Removed REALCOMP
  • 1997-10-07 Listed $38,500 REALCOMP
  • 1993-07-19 Sold (Public Records) $26,900 Public Records
  • 1993-07-15 Sold (Public Records) $12,000 Public Records
  • 1993-04-06 Sold (Public Records) $12,000 Public Records

Property tax history

-8.5%/yr

Latest (2025): $483 · -3.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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