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2085 Thomas St 🏷️ Likely Rental
B+ Composite 77.16
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
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Livability +4.0/5.0
  • Rent growth +3.7/5.0
  • Condition / age +2.5/5.0
  • Schools +2.0/10.0
  • Appreciation +0.0/10.0

$115,000

2085 Thomas St · Lincoln Park, MI 48146
4 bd · 1.0 ba · 1,128 sqft · SingleFamily public records · 49 Days on market
Built 1949 4,792 sqft lot Est $204k · 44% under ↓ 23% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Charming 4-Bedroom Bungalow in the Heart of Lincoln Park - Located in the heart of Lincoln Park, this spacious 4-bedroom bungalow offers comfort, flexibility, and exceptional value. With two bedrooms on the main level and two additional bedrooms upstairs, the layout provides versatility for guests, a home office, or growing household needs. The generously sized bedrooms offer comfortable living without feeling tight or compromised. The main-floor bathroom adds everyday convenience, while the partially finished basement expands your usable space with a dedicated laundry area and recreation room - ideal for hobbies, a playroom, or additional living space. Outside, you'll appreciate the fenced yard, offering privacy and room to relax, entertain, or let pets play freely. This home presents a strong opportunity for buyers looking for space, functionality, and a central location at an approachable price point. - Please allow 24 hours notice to show- TENANT OCCUPIED ON A MONTH TO MONTH BASIS - TENANTS WILL VACATE WITHIN 45 DAYS OF RECEIVING AN OFFER TO PURCHASE - Please schedule showings before 3:00pm

Key facts

  • Fenced yard
  • Recreation room
  • Central location

Tags

FENCED YARDPARTIALLY FINISHED BASEMENTDEDICATED LAUNDRY AREARECREATION ROOMCENTRAL LOCATION

Property features AI

Finance

  • Other: Lot approximately 0.11 acres (40 x 115)
  • Financial info:
  • HOA & community:

Exterior

  • Parking: No garage
  • Security:
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; One and one-half stories; Ground-level entry with steps; Aluminum siding
  • Construction: Asphalt roof; Block foundation; Built with aluminum siding
  • Exterior features: Porch; Paved road access; Sidewalks in the community

Interior

  • Kitchen: Free‑standing gas range; Free‑standing refrigerator; Dishwasher not listed
  • Bedrooms:
  • Flooring:
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Forced air heating (natural gas); No central cooling
  • Interior features: Partially finished basement; 9 total rooms; Laundry room; Gas water heater
  • Laundry & utility: Washer; Dryer; Laundry room

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $115,000 price doesn't fit this home's estimated sale value (~$204,168) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

  • This is a 4-bed/1.0-bath single-family listed at $115k.

Deal economics

  • At list price, monthly cash flow is $662 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $115k).
  • Recommended offer: $112k (3.0% below list) — sets the bar for market timing.
  • Cap rate 13.2% vs local median 6.4% in Lincoln Park — 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 80/100 on livability (#82 in MI, #1,720 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools D-, crime F, employment D-.
  • Lincoln Park School District (suburban): math 15% / reading 32% proficiency, ranked #440 of 540 in MI (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+4.7%/yr); 151 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • This rent runs 37% of the median local income ($59k/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 $795 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 + 4.7% rent growth), your $32k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 49 days — a 3% lower offer ($112k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts; this cycle's ask has dropped $34k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $111,550 (3.0% below list)

Questions for the listing agent

  1. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. 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.
  7. 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.
  8. 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
1.56%
Cap rate
13.20%
Cash-on-cash
24.66%
DSCR
2.10
GRM
5.3

CMA / ARV

ARV (on-the-fly)
$204,168
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2366 Progress Ave 0.18mi 3/1.0 (-1) 1,120 (-1%) 3mo $145,000 $129 83
2359 Detroit Ave 0.26mi 3/1.0 (-1) 1,080 (-4%) 1mo $196,000 $181 74
14576 Oceana Ave 0.16mi 3/1.0 (-1) 1,042 (-8%) 2mo $175,000 $168 73
15093 White Ave 0.61mi 3/1.0 (-1) 1,132 (+0%) 0mo $215,000 $190 66
7208 Rosedale Blvd 0.35mi 3/2.0 (-1) 1,214 (+8%) 7mo $220,000 $181 56
2119 White Ave 0.41mi 3/1.0 (-1) 1,000 (-11%) 1mo $166,500 $167 56
1591 Garfield Ave 0.68mi 3/1.0 (-1) 1,080 (-4%) 0mo $144,700 $134 56
15044 Oceana Ave 0.41mi 3/1.0 (-1) 1,000 (-11%) 2mo $195,000 $195 55
1575 Philomene Blvd 0.74mi 3/1.0 (-1) 1,200 (+6%) 3mo $130,000 $108 48
14865 Philomene Blvd 0.55mi 3/1.0 (-1) 989 (-12%) 7mo $189,000 $191 43
2071 Meyer Ct 0.71mi 3/1.5 (-1) 999 (-11%) 2mo $190,000 $190 39
8969 Ruth Ave 0.71mi 3/2.0 (-1) 1,256 (+11%) 1mo $257,500 $205 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 · 4.65% rent growth · sell at horizon

5-year hold
IRR
19.8%
Equity multiple
1.82×
Total profit
$26,535
Equity at exit
$17,147
10-year hold
IRR
29.2%
Equity multiple
3.80×
Total profit
$90,227
Equity at exit
$9,943

Cash invested: $32,200 (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 48146

Home prices YoY
-32.7%
Rents YoY
4.7%
Active inventory
151
Price-to-rent
5.3×

Monthly cashflow live

Estimated rent
$1,794 high interval (Pro) →
Mortgage (P&I)
$603
Tax from tax record
$104 /mo · $1,254/yr
Insurance
$48
HOA
$0
Vacancy / Maint / Mgmt
$377
Net cashflow
$662

Break-even live

Break-even rent $956
Max offer price $115,000
Occupancy floor 58%

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
$28,750
Closing costs
$3,450
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
9725 Fox Ave Allen Park, MI 3.0 1.5 940 $1,850 $1.97 44d 1 0.81mi
9725 Ruth Allen Park, MI 3.0 1.5 1110 $1,800 $1.62 3d 1 1.06mi
15806 Meyer Ave Allen Park, MI 3.0 2.0 1100 $1,650 $1.50 2d 1 1.07mi
9814 Quandt Ave Allen Park, MI 3.0 2.0 1050 $1,800 $1.71 44d 1 1.14mi
1774 College Ave Lincoln Park, MI 3.0 1.0 944 $1,525 $1.62 2d 1 1.38mi

Listing history 12 events

  1. 2026-05-13
    status Pending 1113-char remark
    Show marketing remark (1113 chars)

    Charming 4-Bedroom Bungalow in the Heart of Lincoln Park - Located in the heart of Lincoln Park, this spacious 4-bedroom bungalow offers comfort, flexibility, and exceptional value. With two bedrooms on the main level and two additional bedrooms upstairs, the layout provides versatility for guests, a home office, or growing household needs. The generously sized bedrooms offer comfortable living without feeling tight or compromised. The main-floor bathroom adds everyday convenience, while the partially finished basement expands your usable space with a dedicated laundry area and recreation room - ideal for hobbies, a playroom, or additional living space. Outside, you'll appreciate the fenced yard, offering privacy and room to relax, entertain, or let pets play freely. This home presents a strong opportunity for buyers looking for space, functionality, and a central location at an approachable price point. - Please allow 24 hours notice to show- TENANT OCCUPIED ON A MONTH TO MONTH BASIS - TENANTS WILL VACATE WITHIN 45 DAYS OF RECEIVING AN OFFER TO PURCHASE - Please schedule showings before 3:00pm

  2. 2026-05-13
    status Pending
    Show marketing remark (1113 chars)

    Charming 4-Bedroom Bungalow in the Heart of Lincoln Park - Located in the heart of Lincoln Park, this spacious 4-bedroom bungalow offers comfort, flexibility, and exceptional value. With two bedrooms on the main level and two additional bedrooms upstairs, the layout provides versatility for guests, a home office, or growing household needs. The generously sized bedrooms offer comfortable living without feeling tight or compromised. The main-floor bathroom adds everyday convenience, while the partially finished basement expands your usable space with a dedicated laundry area and recreation room - ideal for hobbies, a playroom, or additional living space. Outside, you'll appreciate the fenced yard, offering privacy and room to relax, entertain, or let pets play freely. This home presents a strong opportunity for buyers looking for space, functionality, and a central location at an approachable price point. - Please allow 24 hours notice to show- TENANT OCCUPIED ON A MONTH TO MONTH BASIS - TENANTS WILL VACATE WITHIN 45 DAYS OF RECEIVING AN OFFER TO PURCHASE - Please schedule showings before 3:00pm

  3. 2026-05-05
    status Active 1113-char remark
    Show marketing remark (1113 chars)

    Charming 4-Bedroom Bungalow in the Heart of Lincoln Park - Located in the heart of Lincoln Park, this spacious 4-bedroom bungalow offers comfort, flexibility, and exceptional value. With two bedrooms on the main level and two additional bedrooms upstairs, the layout provides versatility for guests, a home office, or growing household needs. The generously sized bedrooms offer comfortable living without feeling tight or compromised. The main-floor bathroom adds everyday convenience, while the partially finished basement expands your usable space with a dedicated laundry area and recreation room - ideal for hobbies, a playroom, or additional living space. Outside, you'll appreciate the fenced yard, offering privacy and room to relax, entertain, or let pets play freely. This home presents a strong opportunity for buyers looking for space, functionality, and a central location at an approachable price point. - Please allow 24 hours notice to show- TENANT OCCUPIED ON A MONTH TO MONTH BASIS - TENANTS WILL VACATE WITHIN 45 DAYS OF RECEIVING AN OFFER TO PURCHASE - Please schedule showings before 3:00pm

  4. 2026-05-05
    status Active
    Show marketing remark (1113 chars)

    Charming 4-Bedroom Bungalow in the Heart of Lincoln Park - Located in the heart of Lincoln Park, this spacious 4-bedroom bungalow offers comfort, flexibility, and exceptional value. With two bedrooms on the main level and two additional bedrooms upstairs, the layout provides versatility for guests, a home office, or growing household needs. The generously sized bedrooms offer comfortable living without feeling tight or compromised. The main-floor bathroom adds everyday convenience, while the partially finished basement expands your usable space with a dedicated laundry area and recreation room - ideal for hobbies, a playroom, or additional living space. Outside, you'll appreciate the fenced yard, offering privacy and room to relax, entertain, or let pets play freely. This home presents a strong opportunity for buyers looking for space, functionality, and a central location at an approachable price point. - Please allow 24 hours notice to show- TENANT OCCUPIED ON A MONTH TO MONTH BASIS - TENANTS WILL VACATE WITHIN 45 DAYS OF RECEIVING AN OFFER TO PURCHASE - Please schedule showings before 3:00pm

  5. 2026-03-26
    status Pending 1113-char remark
    Show marketing remark (1113 chars)

    Charming 4-Bedroom Bungalow in the Heart of Lincoln Park - Located in the heart of Lincoln Park, this spacious 4-bedroom bungalow offers comfort, flexibility, and exceptional value. With two bedrooms on the main level and two additional bedrooms upstairs, the layout provides versatility for guests, a home office, or growing household needs. The generously sized bedrooms offer comfortable living without feeling tight or compromised. The main-floor bathroom adds everyday convenience, while the partially finished basement expands your usable space with a dedicated laundry area and recreation room - ideal for hobbies, a playroom, or additional living space. Outside, you'll appreciate the fenced yard, offering privacy and room to relax, entertain, or let pets play freely. This home presents a strong opportunity for buyers looking for space, functionality, and a central location at an approachable price point. - Please allow 24 hours notice to show- TENANT OCCUPIED ON A MONTH TO MONTH BASIS - TENANTS WILL VACATE WITHIN 45 DAYS OF RECEIVING AN OFFER TO PURCHASE - Please schedule showings before 3:00pm

  6. 2026-03-26
    status Pending
    Show marketing remark (1113 chars)

    Charming 4-Bedroom Bungalow in the Heart of Lincoln Park - Located in the heart of Lincoln Park, this spacious 4-bedroom bungalow offers comfort, flexibility, and exceptional value. With two bedrooms on the main level and two additional bedrooms upstairs, the layout provides versatility for guests, a home office, or growing household needs. The generously sized bedrooms offer comfortable living without feeling tight or compromised. The main-floor bathroom adds everyday convenience, while the partially finished basement expands your usable space with a dedicated laundry area and recreation room - ideal for hobbies, a playroom, or additional living space. Outside, you'll appreciate the fenced yard, offering privacy and room to relax, entertain, or let pets play freely. This home presents a strong opportunity for buyers looking for space, functionality, and a central location at an approachable price point. - Please allow 24 hours notice to show- TENANT OCCUPIED ON A MONTH TO MONTH BASIS - TENANTS WILL VACATE WITHIN 45 DAYS OF RECEIVING AN OFFER TO PURCHASE - Please schedule showings before 3:00pm

  7. 2026-03-17
    price $115,000 1113-char remark
    Show marketing remark (1113 chars)

    Charming 4-Bedroom Bungalow in the Heart of Lincoln Park - Located in the heart of Lincoln Park, this spacious 4-bedroom bungalow offers comfort, flexibility, and exceptional value. With two bedrooms on the main level and two additional bedrooms upstairs, the layout provides versatility for guests, a home office, or growing household needs. The generously sized bedrooms offer comfortable living without feeling tight or compromised. The main-floor bathroom adds everyday convenience, while the partially finished basement expands your usable space with a dedicated laundry area and recreation room - ideal for hobbies, a playroom, or additional living space. Outside, you'll appreciate the fenced yard, offering privacy and room to relax, entertain, or let pets play freely. This home presents a strong opportunity for buyers looking for space, functionality, and a central location at an approachable price point. - Please allow 24 hours notice to show- TENANT OCCUPIED ON A MONTH TO MONTH BASIS - TENANTS WILL VACATE WITHIN 45 DAYS OF RECEIVING AN OFFER TO PURCHASE - Please schedule showings before 3:00pm

  8. 2026-03-16
    price $115,000
  9. 2026-02-21
    price $135,000 1113-char remark
    Show marketing remark (1113 chars)

    Charming 4-Bedroom Bungalow in the Heart of Lincoln Park - Located in the heart of Lincoln Park, this spacious 4-bedroom bungalow offers comfort, flexibility, and exceptional value. With two bedrooms on the main level and two additional bedrooms upstairs, the layout provides versatility for guests, a home office, or growing household needs. The generously sized bedrooms offer comfortable living without feeling tight or compromised. The main-floor bathroom adds everyday convenience, while the partially finished basement expands your usable space with a dedicated laundry area and recreation room - ideal for hobbies, a playroom, or additional living space. Outside, you'll appreciate the fenced yard, offering privacy and room to relax, entertain, or let pets play freely. This home presents a strong opportunity for buyers looking for space, functionality, and a central location at an approachable price point. - Please allow 24 hours notice to show- TENANT OCCUPIED ON A MONTH TO MONTH BASIS - TENANTS WILL VACATE WITHIN 45 DAYS OF RECEIVING AN OFFER TO PURCHASE - Please schedule showings before 3:00pm

  10. 2026-02-20
    price $135,000
  11. 2026-02-13
    listed $149,000 Active 1113-char remark
    Show marketing remark (1113 chars)

    Charming 4-Bedroom Bungalow in the Heart of Lincoln Park - Located in the heart of Lincoln Park, this spacious 4-bedroom bungalow offers comfort, flexibility, and exceptional value. With two bedrooms on the main level and two additional bedrooms upstairs, the layout provides versatility for guests, a home office, or growing household needs. The generously sized bedrooms offer comfortable living without feeling tight or compromised. The main-floor bathroom adds everyday convenience, while the partially finished basement expands your usable space with a dedicated laundry area and recreation room - ideal for hobbies, a playroom, or additional living space. Outside, you'll appreciate the fenced yard, offering privacy and room to relax, entertain, or let pets play freely. This home presents a strong opportunity for buyers looking for space, functionality, and a central location at an approachable price point. - Please allow 24 hours notice to show- TENANT OCCUPIED ON A MONTH TO MONTH BASIS - TENANTS WILL VACATE WITHIN 45 DAYS OF RECEIVING AN OFFER TO PURCHASE - Please schedule showings before 3:00pm

  12. 2026-02-13
    listed $149,000 Active
    Show marketing remark (1113 chars)

    Charming 4-Bedroom Bungalow in the Heart of Lincoln Park - Located in the heart of Lincoln Park, this spacious 4-bedroom bungalow offers comfort, flexibility, and exceptional value. With two bedrooms on the main level and two additional bedrooms upstairs, the layout provides versatility for guests, a home office, or growing household needs. The generously sized bedrooms offer comfortable living without feeling tight or compromised. The main-floor bathroom adds everyday convenience, while the partially finished basement expands your usable space with a dedicated laundry area and recreation room - ideal for hobbies, a playroom, or additional living space. Outside, you'll appreciate the fenced yard, offering privacy and room to relax, entertain, or let pets play freely. This home presents a strong opportunity for buyers looking for space, functionality, and a central location at an approachable price point. - Please allow 24 hours notice to show- TENANT OCCUPIED ON A MONTH TO MONTH BASIS - TENANTS WILL VACATE WITHIN 45 DAYS OF RECEIVING AN OFFER TO PURCHASE - Please schedule showings before 3:00pm

ⓘ 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
$1,254 · $104/mo
Projected year-2 tax
$1,512 · $126/mo
Expected delta
+$259/yr (+$22/mo · 20.6%)

ⓘ 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 ≥96°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 3 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
$21,526
− Mortgage interest
−$6,442
− Property taxes
−$1,254
− Insurance
−$575
− Repairs & maintenance
−$1,722
− Management
−$1,722
− Depreciation
−$3,345
Taxable income
$6,466
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,552
After-tax cash flow
$6,388/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
Lincoln Park School District
NCES district ID
2621600
Math proficiency
15% ▼ -5.00%
Reading proficiency
32% ▬ 0.00%
Median HH income
$41,486
Composite
19.93/100
National rank
#8678
State rank
#440 of 540 in MI

Livability — Lincoln Park

Score
80/100
State rank
#82
US rank
#1720

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Lincoln Park, MI
County
Wayne County · 1,562,939 people
City population
39,257
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
39,257
Household income
$58,616
Rent vs Own
31.2% rent · 68.8% own
Severe rent burden
1142.0

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 60% Hispanic / Latino 25% Two or more races 12% Black 9% Native American 1%
Hispanic origin (detail)
Mexican 19% Puerto Rican 3%
Common ancestry
Romanian 6% Lithuanian 4% Slovak 1%
Foreign-born
9% · Canada
Languages at home
80% English-only · Spanish 17% Arabic 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
▼ -108.25%
Current HPI
222.8545
Rent YoY
▲ 4.65%
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

-22.8% since first listed
12 events — show timeline
  • 2026-05-13 Pending MiRealSource-MiMLS
  • 2026-05-13 Pending REALCOMP
  • 2026-05-05 Relisted MiRealSource-MiMLS
  • 2026-05-05 Relisted REALCOMP
  • 2026-03-26 Pending MiRealSource-MiMLS
  • 2026-03-26 Pending REALCOMP
  • 2026-03-17 Price Changed $115,000 MiRealSource-MiMLS
  • 2026-03-16 Price Changed $115,000 REALCOMP
  • 2026-02-21 Price Changed $135,000 MiRealSource-MiMLS
  • 2026-02-20 Price Changed $135,000 REALCOMP
  • 2026-02-13 Listed $149,000 REALCOMP
  • 2026-02-13 Listed $149,000 MiRealSource-MiMLS

Property tax history

+0.2%/yr

Latest (2025): $1,254 · -19.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…