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16291 Fairmount Dr
C- Composite 51.26
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 +24.9/30.0
  • DSCR +8.1/10.0
  • 1% rule +7.9/10.0
  • Livability +3.7/5.0
  • Rent growth +2.8/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$106,000

16291 Fairmount Dr · Detroit, MI 48205
3 bd · 1.0 ba · 977 sqft · SingleFamily public records · 61 Days on market
Built 1947 5,227 sqft lot Est $75k · 41% over

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

Listing remarks MLS

QUALIFY FOR NO MONEY DOWN HOME BUYERS ASSISTANCE PROGRAM. .. !MOTIVATED SELLER BRING ALL REASONABLE OFFERS. .. .. .. .. SELLER OFFERING UP TO $5000 CREDIT TOWARDS THE BUYER'S CLOSING COST!. .. . Welcome home to this stunning, fully renovated 3-bedroom gem that perfectly blends modern updates with timeless charm! Step inside to discover new flooring throughout, creating a fresh, open feel in every room. The brand-new kitchen is a showstopper - featuring Silestone quartz countertops, new cabinets, and modern finishes that make it perfect for cooking and entertaining. The updated bathroom features a sleek, contemporary design with high-quality fixtures and finishes that you'll love. Enjoy peace of mind with newer windows that bring in plenty of natural light while enhancing energy efficiency. New roof 2025. With all the major updates already done, this home is truly move-in ready - ideal for first-time buyers or anyone seeking comfort, style, and convenience. Don't miss your chance to own this beautifully renovated home - schedule your showing today! SOLD AS-IS! BATVAI! Measurements are estimated! This home is under surveillance! PLEASE NOTE THAT THE APPLIANCES ARE NOT INCLUDED IN THE LISTED SALE PRICE. HOWEVER, THEY MAY BE NEGOTIATED SEPARATELY OUTSIDE OF THE PURCHASE PRICE!

Key facts

  • New flooring
  • New cabinets
  • Newer windows

Tags

NEW FLOORINGBRAND-NEW KITCHENSILESTONE QUARTZ COUNTERTOPSNEW CABINETSUPDATED BATHROOMNEWER WINDOWS

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 $106k.

Deal economics

  • At list price, monthly cash flow is $229 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $106k).
  • Recommended offer: $100k (6.0% 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 rising (+1.3%/yr); 373 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • This rent runs 42% of the median local income ($39k/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 $733 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.

Negotiation context

  • It's been on market 61 days — a 6% lower offer ($100k) is reasonable based on typical stale-listing flexibility.
  • 21 sale attempts since 25y ago; this cycle's ask has dropped $6k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $12k; list at $106k implies a 783% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: property tax is 2.8% of price; built in 1947 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $99,640 (6.0% below list)

Questions for the listing agent

  1. It's been on market 61 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  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
1.29%
Cap rate
8.89%
Cash-on-cash
9.26%
DSCR
1.41
GRM
6.5

CMA / ARV

ARV (on-the-fly)
$75,229
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
16291 Fairmount Dr 0.00mi 3/1.0 977 (0%) 2mo $112,000 $115 99
16209 Tacoma St 0.21mi 3/1.0 968 (-1%) 1mo $62,900 $65 88
16260 Bringard Dr 0.10mi 3/1.0 1,036 (+6%) 0mo $80,000 $77 85
16062 CARLISLE St 0.32mi 3/1.0 957 (-2%) 1mo $42,000 $44 81
16062 Carlisle St 0.32mi 3/1.0 957 (-2%) 1mo $42,000 $44 81
16277 Liberal St 0.32mi 3/1.0 945 (-3%) 1mo $25,000 $26 78
16301 Coram St 0.44mi 3/1.0 929 (-5%) 1mo $19,500 $21 70
16267 Edmore Dr 0.19mi 3/1.0 1,100 (+13%) 1mo $122,500 $111 70
18746 Woodside St 0.53mi 3/1.0 921 (-6%) 2mo $110,000 $119 64
18905 Woodland St 0.55mi 3/1.5 1,023 (+5%) 1mo $105,000 $103 64
15644 Carlisle St 0.51mi 3/1.0 1,055 (+8%) 0mo $129,900 $123 63
15275 Eastburn St 0.65mi 3/1.0 1,100 (+13%) 2mo $56,000 $51 48

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 · 1.33% rent growth · sell at horizon

5-year hold
IRR
-4.4%
Equity multiple
0.84×
Total profit
$-4,755
Equity at exit
$15,805
10-year hold
IRR
3.1%
Equity multiple
1.20×
Total profit
$6,056
Equity at exit
$9,165

Cash invested: $29,680 (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 48205

Home prices YoY
-28.1%
Rents YoY
1.3%
Active inventory
373
Price-to-rent
6.5×

Monthly cashflow live

Estimated rent
$1,368 high interval (Pro) →
Mortgage (P&I)
$556
Tax from tax record
$251 /mo · $3,015/yr
Insurance
$44
HOA
$0
Vacancy / Maint / Mgmt
$287
Net cashflow
$229

Break-even live

Break-even rent $1,078
Max offer price $106,000
Occupancy floor 78%

Sensitivity live

Price -10% $289 -5% $259 +0% $229 +5% $199 +10% $169
Rent -10% $121 -5% $175 +0% $229 +5% $283 +10% $337
Rate -1.0pp $282 -0.5pp $256 base $229 +0.5pp $202 +1.0pp $174

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
$26,500
Closing costs
$3,180
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 25 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
16291 Eastburn St Detroit, MI 3.0 1.0 1000 $1,364 $1.36 25d 1 0.06mi
16410 Edmore Dr Detroit, MI 3.0 1.0 850 $1,250 $1.47 15d 1 0.17mi
16225 Manning St Detroit, MI 4.0 2.0 1036 $1,475 $1.42 44d 1 0.26mi
15663 Carlisle St Detroit, MI 2.0 1.0 803 $1,050 $1.31 15d 1 0.50mi
16212 Maddelein St Detroit, MI 2.0 1.0 800 $1,200 $1.50 13d 1 0.60mi
15909 Maddelein St Detroit, MI 3.0 1.0 894 $1,266 $1.42 44d 1 0.61mi
19152 Woodside St Harper Woods, MI 3.0 1.0 916 $1,500 $1.64 18d 1 0.77mi
12716 Riad St Detroit, MI 3.0 1.0 974 $1,275 $1.31 18d 1 0.94mi
19144 Moross Rd Detroit, MI 2.0 1.0 900 $1,050 $1.17 44d 1 0.99mi
19365 Kingsville St Harper Woods, MI 4.0 1.5 996 $1,650 $1.66 15d 1 1.00mi
19442 Kingsville St Harper Woods, MI 3.0 1.0 1000 $1,500 $1.50 18d 1 1.08mi
12075 Rossiter St Detroit, MI 3.0 1.0 1100 $1,245 $1.13 15d 1 1.10mi
12075 Rossiter St Detroit, MI 3.0 1.0 1100 $1,245 $1.13 44d 1 1.10mi
19661 Kenosha St Harper Woods, MI 3.0 2.0 1000 $1,400 $1.40 25d 1 1.12mi
15494 Mapleridge St Detroit, MI 3.0 1.0 937 $1,275 $1.36 44d 1 1.20mi
19639 Moross Rd Unit 1 Detroit, MI 2.0 1.0 900 $1,100 $1.22 44d 1 1.20mi
12201 Morang Ave Unit 8 Detroit, MI 2.0 1.0 610 $875 $1.43 44d 1 1.23mi
14461 Lappin St Detroit, MI 3.0 1.5 989 $1,150 $1.16 18d 1 1.25mi
20015 Lochmoor St Harper Woods, MI 3.0 1.0 1006 $1,500 $1.49 17d 1 1.28mi
11776 Rossiter St Detroit, MI 3.0 1.0 964 $1,150 $1.19 12d 1 1.29mi
20600 Balfour St Harper Woods, MI 1.0–2.0 1.0–2.0 971 $1,640 $1.69 0d 14 1.29mi
11611 Morang Ave Detroit, MI 1.0–2.0 1.0 709 $1,040 $1.47 44d 1 1.37mi
19982 McCormick St Detroit, MI 3.0 1.0 866 $1,200 $1.39 4d 1 1.38mi
11529 Roxbury St Detroit, MI 2.0 1.0 720 $1,200 $1.67 13d 1 1.38mi
14068 Carlisle St Detroit, MI 3.0 1.0 1020 $1,300 $1.27 25d 1 1.39mi

Listing history 50 events

  1. 2026-03-15
    status Pending 1293-char remark
    Show marketing remark (1293 chars)

    QUALIFY FOR NO MONEY DOWN HOME BUYERS ASSISTANCE PROGRAM. .. !MOTIVATED SELLER BRING ALL REASONABLE OFFERS. .. .. .. .. SELLER OFFERING UP TO $5000 CREDIT TOWARDS THE BUYER'S CLOSING COST!. .. . Welcome home to this stunning, fully renovated 3-bedroom gem that perfectly blends modern updates with timeless charm! Step inside to discover new flooring throughout, creating a fresh, open feel in every room. The brand-new kitchen is a showstopper - featuring Silestone quartz countertops, new cabinets, and modern finishes that make it perfect for cooking and entertaining. The updated bathroom features a sleek, contemporary design with high-quality fixtures and finishes that you'll love. Enjoy peace of mind with newer windows that bring in plenty of natural light while enhancing energy efficiency. New roof 2025. With all the major updates already done, this home is truly move-in ready - ideal for first-time buyers or anyone seeking comfort, style, and convenience. Don't miss your chance to own this beautifully renovated home - schedule your showing today! SOLD AS-IS! BATVAI! Measurements are estimated! This home is under surveillance! PLEASE NOTE THAT THE APPLIANCES ARE NOT INCLUDED IN THE LISTED SALE PRICE. HOWEVER, THEY MAY BE NEGOTIATED SEPARATELY OUTSIDE OF THE PURCHASE PRICE!

  2. 2026-03-15
    status Pending
    Show marketing remark (1293 chars)

    QUALIFY FOR NO MONEY DOWN HOME BUYERS ASSISTANCE PROGRAM. .. !MOTIVATED SELLER BRING ALL REASONABLE OFFERS. .. .. .. .. SELLER OFFERING UP TO $5000 CREDIT TOWARDS THE BUYER'S CLOSING COST!. .. . Welcome home to this stunning, fully renovated 3-bedroom gem that perfectly blends modern updates with timeless charm! Step inside to discover new flooring throughout, creating a fresh, open feel in every room. The brand-new kitchen is a showstopper - featuring Silestone quartz countertops, new cabinets, and modern finishes that make it perfect for cooking and entertaining. The updated bathroom features a sleek, contemporary design with high-quality fixtures and finishes that you'll love. Enjoy peace of mind with newer windows that bring in plenty of natural light while enhancing energy efficiency. New roof 2025. With all the major updates already done, this home is truly move-in ready - ideal for first-time buyers or anyone seeking comfort, style, and convenience. Don't miss your chance to own this beautifully renovated home - schedule your showing today! SOLD AS-IS! BATVAI! Measurements are estimated! This home is under surveillance! PLEASE NOTE THAT THE APPLIANCES ARE NOT INCLUDED IN THE LISTED SALE PRICE. HOWEVER, THEY MAY BE NEGOTIATED SEPARATELY OUTSIDE OF THE PURCHASE PRICE!

  3. 2026-01-23
    price $106,000 1293-char remark
    Show marketing remark (1293 chars)

    QUALIFY FOR NO MONEY DOWN HOME BUYERS ASSISTANCE PROGRAM. .. !MOTIVATED SELLER BRING ALL REASONABLE OFFERS. .. .. .. .. SELLER OFFERING UP TO $5000 CREDIT TOWARDS THE BUYER'S CLOSING COST!. .. . Welcome home to this stunning, fully renovated 3-bedroom gem that perfectly blends modern updates with timeless charm! Step inside to discover new flooring throughout, creating a fresh, open feel in every room. The brand-new kitchen is a showstopper - featuring Silestone quartz countertops, new cabinets, and modern finishes that make it perfect for cooking and entertaining. The updated bathroom features a sleek, contemporary design with high-quality fixtures and finishes that you'll love. Enjoy peace of mind with newer windows that bring in plenty of natural light while enhancing energy efficiency. New roof 2025. With all the major updates already done, this home is truly move-in ready - ideal for first-time buyers or anyone seeking comfort, style, and convenience. Don't miss your chance to own this beautifully renovated home - schedule your showing today! SOLD AS-IS! BATVAI! Measurements are estimated! This home is under surveillance! PLEASE NOTE THAT THE APPLIANCES ARE NOT INCLUDED IN THE LISTED SALE PRICE. HOWEVER, THEY MAY BE NEGOTIATED SEPARATELY OUTSIDE OF THE PURCHASE PRICE!

  4. 2026-01-22
    price $106,000
  5. 2026-01-13
    listed $112,000 Active 1293-char remark
    Show marketing remark (1293 chars)

    QUALIFY FOR NO MONEY DOWN HOME BUYERS ASSISTANCE PROGRAM. .. !MOTIVATED SELLER BRING ALL REASONABLE OFFERS. .. .. .. .. SELLER OFFERING UP TO $5000 CREDIT TOWARDS THE BUYER'S CLOSING COST!. .. . Welcome home to this stunning, fully renovated 3-bedroom gem that perfectly blends modern updates with timeless charm! Step inside to discover new flooring throughout, creating a fresh, open feel in every room. The brand-new kitchen is a showstopper - featuring Silestone quartz countertops, new cabinets, and modern finishes that make it perfect for cooking and entertaining. The updated bathroom features a sleek, contemporary design with high-quality fixtures and finishes that you'll love. Enjoy peace of mind with newer windows that bring in plenty of natural light while enhancing energy efficiency. New roof 2025. With all the major updates already done, this home is truly move-in ready - ideal for first-time buyers or anyone seeking comfort, style, and convenience. Don't miss your chance to own this beautifully renovated home - schedule your showing today! SOLD AS-IS! BATVAI! Measurements are estimated! This home is under surveillance! PLEASE NOTE THAT THE APPLIANCES ARE NOT INCLUDED IN THE LISTED SALE PRICE. HOWEVER, THEY MAY BE NEGOTIATED SEPARATELY OUTSIDE OF THE PURCHASE PRICE!

  6. 2026-01-13
    listed $112,000 Active
    Show marketing remark (1293 chars)

    QUALIFY FOR NO MONEY DOWN HOME BUYERS ASSISTANCE PROGRAM. .. !MOTIVATED SELLER BRING ALL REASONABLE OFFERS. .. .. .. .. SELLER OFFERING UP TO $5000 CREDIT TOWARDS THE BUYER'S CLOSING COST!. .. . Welcome home to this stunning, fully renovated 3-bedroom gem that perfectly blends modern updates with timeless charm! Step inside to discover new flooring throughout, creating a fresh, open feel in every room. The brand-new kitchen is a showstopper - featuring Silestone quartz countertops, new cabinets, and modern finishes that make it perfect for cooking and entertaining. The updated bathroom features a sleek, contemporary design with high-quality fixtures and finishes that you'll love. Enjoy peace of mind with newer windows that bring in plenty of natural light while enhancing energy efficiency. New roof 2025. With all the major updates already done, this home is truly move-in ready - ideal for first-time buyers or anyone seeking comfort, style, and convenience. Don't miss your chance to own this beautifully renovated home - schedule your showing today! SOLD AS-IS! BATVAI! Measurements are estimated! This home is under surveillance! PLEASE NOTE THAT THE APPLIANCES ARE NOT INCLUDED IN THE LISTED SALE PRICE. HOWEVER, THEY MAY BE NEGOTIATED SEPARATELY OUTSIDE OF THE PURCHASE PRICE!

  7. 2026-01-11
    historical
  8. 2026-01-11
    historical
  9. 2025-11-03
    listed $112,000 Active
  10. 2025-11-02
    listed $112,000 Active
  11. 2020-05-20
    soldstatus $12,000 Sold
  12. 2020-05-20
    soldstatus $12,000 Closed
  13. 2020-04-30
    price $12,900
  14. 2020-04-29
    price $12,900
  15. 2020-04-29
    status Pending
  16. 2020-04-29
    status Pending
  17. 2020-04-24
    price $24,900
  18. 2020-04-24
    price $24,900
  19. 2020-02-26
    listed $24,900 Active
  20. 2020-02-26
    listed $24,900 Active
  21. 2019-04-01
    historical
  22. 2019-03-31
    historical
  23. 2018-09-14
    status Active
  24. 2018-09-12
    historical
  25. 2018-07-27
    status Active
  26. 2018-07-26
    historical
  27. 2018-07-13
    status Active
  28. 2018-07-12
    historical
  29. 2018-07-01
    status Active
  30. 2018-07-01
    historical
  31. 2018-04-27
    historical
  32. 2018-04-27
    historical
  33. 2017-11-25
    listed $29,500 Active
  34. 2017-11-25
    listed $29,500 Active
  35. 2017-11-25
    listed $29,500 Active
  36. 2017-11-25
    listed $29,500 Active
  37. 2017-06-13
    historical
  38. 2017-06-13
    historical
  39. 2017-06-13
    historical
  40. 2017-01-20
    status Active
  41. 2017-01-16
    historical
  42. 2016-09-23
    listed $35,000 Active
  43. 2016-09-23
    listed $35,000 Active
  44. 2016-09-23
    listed $35,000 Active
  45. 2016-04-23
    historical
  46. 2016-04-22
    historical
  47. 2016-04-13
    listed $20,900 Active
  48. 2016-04-12
    price $20,900
  49. 2016-03-11
    listed $24,380 Active
  50. 2001-12-20
    soldstatus $73,000

ⓘ 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
$3,015 · $251/mo
Projected year-2 tax
$3,015 · $251/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 ≥96°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
$16,411
− Mortgage interest
−$5,938
− Property taxes
−$3,015
− Insurance
−$530
− Repairs & maintenance
−$1,313
− Management
−$1,313
− Depreciation
−$3,084
Taxable income
$1,218
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$292
After-tax cash flow
$2,456/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)
34,187
Household income
$38,966
Rent vs Own
49.4% rent · 50.6% own
Severe rent burden
2121.0

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 (93%)
Race & ethnicity
Black 93% White 3% Two or more races 2%
Foreign-born
1% · Canada
Languages at home
98% English-only · Spanish 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
▼ -91.80%
Current HPI
235.0926
Rent YoY
▲ 1.33%
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

+203.7% since first listed
54 events — show timeline
  • 2026-03-15 Pending MiRealSource-MiMLS
  • 2026-03-15 Pending REALCOMP
  • 2026-01-23 Price Changed $106,000 MiRealSource-MiMLS
  • 2026-01-22 Price Changed $106,000 REALCOMP
  • 2026-01-13 Listed $112,000 REALCOMP
  • 2026-01-13 Listed $112,000 MiRealSource-MiMLS
  • 2026-01-11 Listing Removed MiRealSource-MiMLS
  • 2026-01-11 Listing Removed REALCOMP
  • 2025-11-03 Listed $112,000 REALCOMP
  • 2025-11-02 Listed $112,000 MiRealSource-MiMLS
  • 2020-05-20 Sold (MLS) $12,000 MiRealSource-MiMLS
  • 2020-05-20 Sold (MLS) $12,000 REALCOMP
  • 2020-04-30 Price Changed $12,900 MiRealSource-MiMLS
  • 2020-04-29 Price Changed $12,900 REALCOMP
  • 2020-04-29 Pending MiRealSource-MiMLS
  • 2020-04-29 Pending REALCOMP
  • 2020-04-24 Price Changed $24,900 MiRealSource-MiMLS
  • 2020-04-24 Price Changed $24,900 REALCOMP
  • 2020-02-26 Listed $24,900 MiRealSource-MiMLS
  • 2020-02-26 Listed $24,900 REALCOMP
  • 2019-04-01 Listing Removed REALCOMP
  • 2019-03-31 Listing Removed MiRealSource-MiMLS
  • 2018-09-14 Relisted REALCOMP
  • 2018-09-12 Listing Removed REALCOMP
  • 2018-07-27 Relisted REALCOMP
  • 2018-07-26 Listing Removed REALCOMP
  • 2018-07-13 Relisted REALCOMP
  • 2018-07-12 Listing Removed REALCOMP
  • 2018-07-01 Relisted MiRealSource-MiMLS
  • 2018-07-01 Listing Removed MiRealSource-MiMLS
  • 2018-04-27 Listing Removed REALCOMP
  • 2018-04-27 Listing Removed MiRealSource-MiMLS
  • 2017-11-25 Listed $29,500 MiRealSource-MiMLS
  • 2017-11-25 Listed $29,500 MiRealSource-MiMLS
  • 2017-11-25 Listed $29,500 REALCOMP
  • 2017-11-25 Listed $29,500 REALCOMP
  • 2017-06-13 Listing Removed REALCOMP
  • 2017-06-13 Listing Removed MiRealSource-MiMLS
  • 2017-06-13 Listing Removed MiRealSource-MiMLS
  • 2017-01-20 Relisted REALCOMP
  • 2017-01-16 Listing Removed REALCOMP
  • 2016-09-23 Listed $35,000 MiRealSource-MiMLS
  • 2016-09-23 Listed $35,000 MiRealSource-MiMLS
  • 2016-09-23 Listed $35,000 REALCOMP
  • 2016-04-23 Listing Removed MiRealSource-MiMLS
  • 2016-04-22 Listing Removed REALCOMP
  • 2016-04-13 Listed $20,900 MiRealSource-MiMLS
  • 2016-04-12 Price Changed $20,900 REALCOMP
  • 2016-03-11 Listed $24,380 REALCOMP
  • 2001-12-20 Sold (Public Records) $73,000 Public Records
  • 2001-10-19 Sold (MLS) $73,000 MiRealSource-MiMLS
  • 2001-09-11 Listing Removed MiRealSource-MiMLS
  • 2001-06-08 Listed $74,900 MiRealSource-MiMLS
  • 1993-09-08 Sold (Public Records) $34,900 Public Records

Property tax history

+6.6%/yr

Latest (2025): $3,015 · +13.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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