229 Leicester Ct · Detroit, MI
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- 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 96°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 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- DSCR +10.0/10.0
- 1% rule +9.4/10.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Rent growth +1.2/5.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$139,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
Key facts
- Recent updates
- Walk-in closet
- Updated kitchen
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/3.0-bath townhouse listed at $140k.
Deal economics
- At list price, monthly cash flow is $687 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $140k).
- Recommended offer: $123k (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 falling (-5.1%/yr); 257 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% 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 $2,013/mo this rent would consume 55% of the median local household income ($44k/yr) (locally 1258% 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 $967 of loan paydown is wiped out by about $4k 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 $39k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- It's been on market 362 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $110k (44%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1905 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 362 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1905 — 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 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?
- 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?
- 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
- 1.44% ✓
- Cap rate
- 12.18%
- Cash-on-cash
- 21.03%
- DSCR
- 1.94
- GRM
- 5.8
CMA / ARV
- ARV (median comp)
- $117,118
- List price
- $139,900
- Delta
- 19.45%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- 10.2%
- Equity multiple
- 1.39×
- Total profit
- $15,153
- Equity at exit
- $20,860
- IRR
- 16.7%
- Equity multiple
- 2.19×
- Total profit
- $46,672
- Equity at exit
- $12,096
Cash invested: $39,172 (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 48202
- Rents YoY
- -5.1%
- Active inventory
- 257
- Price-to-rent
- 5.8×
Monthly cashflow live
- Estimated rent
- $2,013 medium interval (Pro) →
- Mortgage (P&I)
- −$734
- Tax from tax record
- −$112 /mo · $1,341/yr
- Insurance
- −$58
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$423
- Net cashflow
- $687
Break-even live
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
- $34,975
- Closing costs
- $4,197
- 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 5 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 634 Atkinson St Detroit, MI | 3.0 | 3.5 | 3000 | $6,500 | $2.17 | 10d | 1 | 0.40mi |
| 1501 Taylor St #2 Detroit, MI | 2.0 | 1.0 | 3734 | $925 | $0.25 | 43d | 1 | 0.99mi |
| 1418 W Euclid St Detroit, MI | 3.0 | 1.0 | 2264 | $1,200 | $0.53 | 43d | 1 | 1.02mi |
| 1441 W Euclid St Detroit, MI | 3.0 | 1.0 | 2380 | $2,600 | $1.09 | 24d | 1 | 1.05mi |
| 2080 Gladstone St #1 Detroit, MI | 4.0 | 2.0 | 2426 | $3,000 | $1.24 | 1d | 1 | 1.41mi |
Listing history 29 events
-
2026-06-18days on market $139,900 Active 362 DOM
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2026-06-17days on market $139,900 Active 361 DOM
-
2026-06-15days on market $139,900 Active 359 DOM
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2026-06-13days on market $139,900 Active 357 DOM
-
2026-06-13days on market $139,900 Active 356 DOM
-
2026-06-09days on market $139,900 Active 353 DOM
-
2026-06-08days on market $139,900 Active 352 DOM
-
2026-06-07days on market $139,900 Active 351 DOM
-
2026-06-04days on market $139,900 Active 348 DOM
-
2026-06-03days on market $139,900 Active 347 DOM
-
2026-06-01days on market $139,900 Active 345 DOM
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2026-05-31days on market $139,900 Active 344 DOM
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2026-05-07price $139,900 835-char remark
Show marketing remark (835 chars)
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
-
2026-05-06price $139,900 837-char remark
Show marketing remark (837 chars)
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
-
2026-02-20price $154,900 835-char remark
Show marketing remark (835 chars)
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
-
2026-02-19price $154,900 837-char remark
Show marketing remark (837 chars)
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
-
2026-01-15price $169,900 835-char remark
Show marketing remark (835 chars)
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
-
2026-01-14price $169,900 837-char remark
Show marketing remark (837 chars)
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
-
2025-11-25price $189,900 835-char remark
Show marketing remark (837 chars)
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
-
2025-11-25price $189,900 837-char remark
Show marketing remark (837 chars)
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
-
2025-10-10price $219,900 835-char remark
Show marketing remark (837 chars)
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
-
2025-10-10price $219,900 837-char remark
Show marketing remark (837 chars)
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
-
2025-09-03price $224,900 835-char remark
Show marketing remark (837 chars)
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
-
2025-09-03price $224,900 837-char remark
Show marketing remark (837 chars)
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
-
2025-07-30price $234,900 835-char remark
Show marketing remark (837 chars)
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
-
2025-07-30price $234,900 837-char remark
Show marketing remark (837 chars)
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
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2025-06-21$249,900 Active 837-char remark
Show marketing remark (835 chars)
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
-
2025-06-21$249,900 Active 835-char remark
Show marketing remark (835 chars)
Opportunity is knocking!! Here is your chance to seize a great piece of property in a hot area! Conveniently located close to Boston Edison and The New Center area and within walking distance to restaurants and shops this recently updated spacious home is waiting for you. It features many recent updates including new floors, bathrooms, updated kitchen, and a master bedroom with full bathroom and walk-in closet. A little elbow grease will go a long way on this one. Please note this home is on a separate parcel as the adjoining home. This listing is just for 229 Leicester; the adjoining home 233 Leicester is a separate home/parcel and is not included with the purchase of 229 Leicester. So this sale is only for the unit on the left side, the home will need a new gas forced furnace. Don't delay schedule your showing today. .. .
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2022-11-24historical
ⓘ 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
- $1,341 · $112/mo
- Projected year-2 tax
- $1,748 · $146/mo
- Expected delta
- +$407/yr (+$34/mo · 30.3%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥96°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 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
- $24,157
- − Mortgage interest
- −$7,837
- − Property taxes
- −$1,341
- − Insurance
- −$700
- − Repairs & maintenance
- −$1,933
- − Management
- −$1,933
- − Depreciation
- −$4,070
- Taxable income
- $6,345
- Est. tax owed @ 24.0%
- −$1,523
- After-tax cash flow
- $6,717/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
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)
- 15,780
- Household income
- $43,627
- Rent vs Own
- Severe rent burden
- 1258.0
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
- Black 60% White 26% Asian 6% Two or more races 4% Hispanic / Latino 3%
- Common ancestry
- Romanian 3% Slovak 1% Lithuanian 1%
- Foreign-born
- 8% · Canada, Vietnam
- Languages at home
- 90% English-only · Other Indo-European 3% Arabic 2% Spanish 2%
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
- ▼ -239.24%
- Current HPI
- 145.5509
- Rent YoY
- ▼ -5.13%
- Metro
- Detroit-Warren-Dearborn, MI
- State GDP YoY
- ▲ 1.37%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in MI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Automotive Parts | 3 | $48B |
|
||
| Automotive | 2 | $372B |
|
||
| Chemicals | 1 | $45B |
|
||
| Automotive Retail | 1 | $29B |
|
||
| Healthcare / Medical Devices | 1 | $23B |
|
||
| Automotive Technology | 1 | $20B |
|
||
Price history
-44.0% since first listed17 events — show timeline
- 2026-05-07 Price Changed $139,900 MiRealSource-MiMLS
- 2026-05-06 Price Changed $139,900 REALCOMP
- 2026-02-20 Price Changed $154,900 MiRealSource-MiMLS
- 2026-02-19 Price Changed $154,900 REALCOMP
- 2026-01-15 Price Changed $169,900 MiRealSource-MiMLS
- 2026-01-14 Price Changed $169,900 REALCOMP
- 2025-11-25 Price Changed $189,900 MiRealSource-MiMLS
- 2025-11-25 Price Changed $189,900 REALCOMP
- 2025-10-10 Price Changed $219,900 MiRealSource-MiMLS
- 2025-10-10 Price Changed $219,900 REALCOMP
- 2025-09-03 Price Changed $224,900 MiRealSource-MiMLS
- 2025-09-03 Price Changed $224,900 REALCOMP
- 2025-07-30 Price Changed $234,900 MiRealSource-MiMLS
- 2025-07-30 Price Changed $234,900 REALCOMP
- 2025-06-21 Listed $249,900 REALCOMP
- 2025-06-21 Listed $249,900 MiRealSource-MiMLS
- 2022-11-24 Rental Removed — REALSOURCE
Property tax history
-9.3%/yrLatest (2025): $1,341 · -37.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…