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14141 Edmore Dr
C- Composite 52.45
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 +26.0/30.0
  • DSCR +8.7/10.0
  • 1% rule +7.4/10.0
  • 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

$110,000

14141 Edmore Dr · Detroit, MI 48205
3 bd · 1.0 ba · 1,059 sqft · SingleFamily public records · 99 Days on market
Built 1950 5,227 sqft lot $104/sqft · 117% above area Est $91k · 21% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to this beautifully updated 3-bedroom bungalow, nestled in the inviting Regent's Park neighborhood. This move-in-ready home offers 1.5 bathrooms and numerous upgrades throughout, making it perfect for both homeowners and investors alike. Whether you're looking for a cozy personal residence or a reliable addition to your rental portfolio, this property fits the bill. Enjoy the bright, open feel created by large picture windows that fill the home with natural light. The spacious basement features a half bathroom, adding extra convenience and value. Ideally located near Harper Woods, Chandler Park Academy schools, and a variety of shops and restaurants, this home offers both comfort and accessibility. Don't miss out - schedule your showing today!

Key facts

  • Near harper woods
  • Spacious basement
  • Half bathroom

Tags

LARGE PICTURE WINDOWSSPACIOUS BASEMENTHALF BATHROOMNEAR HARPER WOODS

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 $110k.

Deal economics

  • At list price, monthly cash flow is $274 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $110k).
  • Recommended offer: $100k (9.0% 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; 40 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 $761 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 99 days — a 9% lower offer ($100k) is reasonable based on typical stale-listing flexibility.
  • 28 sale attempts since 27y ago; this cycle's ask has dropped $30k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $80k; 38% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $100,100 (9.0% below list)

Questions for the listing agent

  1. It's been on market 99 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
1.24%
Cap rate
9.28%
Cash-on-cash
10.66%
DSCR
1.47
GRM
6.7

CMA / ARV

ARV (median comp)
$91,030
List price
$110,000
Delta
20.84%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
14068 Carlisle St 0.12mi 3/1.0 1,020 (-4%) 2mo $55,000 $54 87
14076 Rossini Dr 0.29mi 3/1.0 1,055 (-0%) 0mo $90,000 $85 86
14078 Bringard Dr 0.11mi 3/1.5 1,110 (+5%) 2mo $76,000 $68 83
19953 Regent Dr 0.26mi 3/1.0 1,038 (-2%) 2mo $55,000 $53 83
14788 Rossini Dr 0.46mi 3/1.0 1,099 (+4%) 1mo $82,000 $75 72
20020 Pelkey St 0.50mi 3/1.0 1,020 (-4%) 2mo $75,000 $74 69
14910 Fairmount Dr 0.48mi 3/1.0 1,116 (+5%) 1mo $15,000 $13 68
15275 Eastburn St 0.67mi 3/1.0 1,100 (+4%) 2mo $56,000 $51 61
20218 Hickory St 0.54mi 3/1.0 930 (-12%) 1mo $26,000 $28 54
20300 Hickory St 0.53mi 3/1.0 918 (-13%) 1mo $31,000 $34 52
15011 Bringard Dr 0.54mi 3/1.0 1,208 (+14%) 2mo $125,000 $103 50
13452 Tacoma St 0.63mi 3/1.0 900 (-15%) 1mo $69,072 $77 44

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
-2.3%
Equity multiple
0.92×
Total profit
$-2,607
Equity at exit
$16,401
10-year hold
IRR
5.4%
Equity multiple
1.37×
Total profit
$11,406
Equity at exit
$9,511

Cash invested: $30,800 (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
6.7×

Monthly cashflow live

Estimated rent
$1,366 high interval (Pro) →
Mortgage (P&I)
$577
Tax from tax record
$183 /mo · $2,198/yr
Insurance
$46
HOA
$0
Vacancy / Maint / Mgmt
$287
Net cashflow
$274

Break-even live

Break-even rent $1,020
Max offer price $110,000
Occupancy floor 75%

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
$27,500
Closing costs
$3,300
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
14134 Collingham Dr Detroit, MI 3.0 1.5 1300 $1,350 $1.04 43d 1 0.05mi
14068 Carlisle St Detroit, MI 3.0 1.0 1020 $1,300 $1.27 24d 1 0.13mi
13693 Edmore Dr Detroit, MI 3.0 1.5 1269 $1,550 $1.22 11d 1 0.34mi
20215 Schoenherr St Unit 1 Detroit, MI 2.0 1.0 1000 $1,200 $1.20 17d 1 0.46mi
20227 Pelkey St Detroit, MI 3.0 1.0 968 $1,350 $1.39 17d 1 0.52mi
20242 Hickory St Detroit, MI 3.0 1.0 747 $1,300 $1.74 11d 1 0.55mi
13501 Vernon Ave Warren, MI 2.0 1.0 850 $1,300 $1.53 24d 1 0.60mi
14504 Coram St Detroit, MI 3.0 1.0 1203 $1,175 $0.98 24d 1 0.65mi
20027 Alcoy St Detroit, MI 3.0 1.0 1000 $1,349 $1.35 17d 1 0.66mi
14461 Lappin St Detroit, MI 3.0 1.5 989 $1,150 $1.16 17d 1 0.69mi
13669 Pfent St Detroit, MI 3.0 2.0 1031 $1,374 $1.33 17d 1 0.71mi
14481 Maddelein St Detroit, MI 3.0 1.0 1200 $1,100 $0.92 43d 1 0.76mi
15503 Edmore Dr Detroit, MI 3.0 1.0 1285 $1,100 $0.86 43d 1 0.79mi
12846 Georgiana Ave Warren, MI 3.0 1.0 912 $1,300 $1.43 24d 1 0.84mi
12807 Coleen Ave Warren, MI 3.0 1.0 1080 $1,250 $1.16 24d 1 0.86mi
15663 Carlisle St Detroit, MI 2.0 1.0 803 $1,050 $1.31 14d 1 0.89mi
19610 Westphalia St Detroit, MI 3.0 1.0 1200 $1,595 $1.33 17d 1 0.92mi
20296 Waltham St Detroit, MI 3.0 1.5 986 $1,300 $1.32 17d 1 0.92mi
19220 Alcoy St Detroit, MI 3.0 1.0 1023 $1,350 $1.32 17d 1 0.93mi
13050 Couwlier Ave Warren, MI 3.0 1.0 850 $1,350 $1.59 24d 1 0.94mi
19419 Westphalia St Detroit, MI 3.0 1.0 1293 $1,325 $1.02 17d 1 1.01mi
19170 Joann St Detroit, MI 4.0 1.0 1020 $1,400 $1.37 43d 1 1.01mi
20091 Barlow St Detroit, MI 3.0 1.0 930 $1,300 $1.40 17d 1 1.02mi
15604 Coram St Detroit, MI 3.0 1.0 1210 $1,000 $0.83 43d 1 1.04mi
20553 Hamburg St Detroit, MI 3.0 1.0 1074 $1,300 $1.21 3d 1 1.08mi
19143 Fairport St Detroit, MI 3.0 1.0 1070 $1,225 $1.14 17d 1 1.09mi
19207 Westphalia St Detroit, MI 4.0 1.0 1179 $1,800 $1.53 17d 1 1.09mi
15616 E 7 Mile Rd Detroit, MI 3.0 1.5 1150 $1,150 $1.00 17d 1 1.20mi
16242 Bringard Dr Detroit, MI 3.0 1.0 1350 $1,300 $0.96 4d 1 1.25mi
22852 Sharrow Ave Warren, MI 3.0 1.0 1000 $1,400 $1.40 4d 1 1.27mi
18624 Fairport St Detroit, MI 3.0 1.0 874 $1,450 $1.66 21d 1 1.27mi
18624 Fairport St Unit NA Detroit, MI 3.0 1.0 924 $1,450 $1.57 24d 1 1.27mi
15909 Maddelein St Detroit, MI 3.0 1.0 894 $1,266 $1.42 43d 1 1.29mi
16291 Eastburn St Detroit, MI 3.0 1.0 1000 $1,364 $1.36 24d 1 1.29mi
16225 Manning St Detroit, MI 4.0 2.0 1036 $1,475 $1.42 43d 1 1.30mi
20290 Annott St Detroit, MI 3.0 1.0 1300 $1,250 $0.96 17d 1 1.30mi
16410 Edmore Dr Detroit, MI 3.0 1.0 850 $1,250 $1.47 14d 1 1.33mi
16031 E 7 Mile Rd #5 Detroit, MI 2.0 1.0 1204 $1,200 $1.00 2d 1 1.35mi
18703 Waltham St Detroit, MI 2.0 1.0 1000 $1,100 $1.10 43d 1 1.36mi
18119 Joann St Detroit, MI 2.0 1.0 800 $1,100 $1.38 24d 1 1.39mi

Listing history 50 events

  1. 2026-06-18
    days on market $110,000 Active 99 DOM
  2. 2026-06-17
    days on market $110,000 Active 98 DOM
  3. 2026-06-15
    days on market $110,000 Active 96 DOM
  4. 2026-06-13
    days on market $110,000 Active 94 DOM
  5. 2026-06-13
    days on market $110,000 Active 93 DOM
  6. 2026-06-09
    days on market $110,000 Active 90 DOM
  7. 2026-06-08
    days on market $110,000 Active 89 DOM
  8. 2026-06-07
    days on market $110,000 Active 88 DOM
  9. 2026-06-04
    days on market $110,000 Active 85 DOM
  10. 2026-06-03
    pricedays on market $110,000 Active 84 DOM
  11. 2026-06-01
    days on market $119,900 Active 82 DOM
  12. 2026-05-31
    days on market $119,900 Active 81 DOM
  13. 2026-05-15
    price $119,900 761-char remark
    Show marketing remark (783 chars)

    Welcome to this beautifully updated 3-bedroom bungalow, nestled in the inviting Regent’s Park neighborhood. This move-in-ready home offers 1.5 bathrooms and numerous upgrades throughout, making it perfect for both homeowners and investors alike. Whether you’re looking for a cozy personal residence or a reliable addition to your rental portfolio, this property fits the bill. Enjoy the bright, open feel created by large picture windows that fill the home with natural light. The spacious basement features a half bathroom, adding extra convenience and value. Ideally located near Harper Woods, Chandler Park Academy schools, and a variety of shops and restaurants, this home offers both comfort and accessibility. Don’t miss out—schedule your showing today!

  14. 2026-05-15
    price $119,900 783-char remark
    Show marketing remark (783 chars)

    Welcome to this beautifully updated 3-bedroom bungalow, nestled in the inviting Regent’s Park neighborhood. This move-in-ready home offers 1.5 bathrooms and numerous upgrades throughout, making it perfect for both homeowners and investors alike. Whether you’re looking for a cozy personal residence or a reliable addition to your rental portfolio, this property fits the bill. Enjoy the bright, open feel created by large picture windows that fill the home with natural light. The spacious basement features a half bathroom, adding extra convenience and value. Ideally located near Harper Woods, Chandler Park Academy schools, and a variety of shops and restaurants, this home offers both comfort and accessibility. Don’t miss out—schedule your showing today!

  15. 2026-05-05
    price $124,900 761-char remark
    Show marketing remark (783 chars)

    Welcome to this beautifully updated 3-bedroom bungalow, nestled in the inviting Regent’s Park neighborhood. This move-in-ready home offers 1.5 bathrooms and numerous upgrades throughout, making it perfect for both homeowners and investors alike. Whether you’re looking for a cozy personal residence or a reliable addition to your rental portfolio, this property fits the bill. Enjoy the bright, open feel created by large picture windows that fill the home with natural light. The spacious basement features a half bathroom, adding extra convenience and value. Ideally located near Harper Woods, Chandler Park Academy schools, and a variety of shops and restaurants, this home offers both comfort and accessibility. Don’t miss out—schedule your showing today!

  16. 2026-05-05
    price $124,900 783-char remark
    Show marketing remark (783 chars)

    Welcome to this beautifully updated 3-bedroom bungalow, nestled in the inviting Regent’s Park neighborhood. This move-in-ready home offers 1.5 bathrooms and numerous upgrades throughout, making it perfect for both homeowners and investors alike. Whether you’re looking for a cozy personal residence or a reliable addition to your rental portfolio, this property fits the bill. Enjoy the bright, open feel created by large picture windows that fill the home with natural light. The spacious basement features a half bathroom, adding extra convenience and value. Ideally located near Harper Woods, Chandler Park Academy schools, and a variety of shops and restaurants, this home offers both comfort and accessibility. Don’t miss out—schedule your showing today!

  17. 2026-04-09
    price $129,900 761-char remark
    Show marketing remark (761 chars)

    Welcome to this beautifully updated 3-bedroom bungalow, nestled in the inviting Regent's Park neighborhood. This move-in-ready home offers 1.5 bathrooms and numerous upgrades throughout, making it perfect for both homeowners and investors alike. Whether you're looking for a cozy personal residence or a reliable addition to your rental portfolio, this property fits the bill. Enjoy the bright, open feel created by large picture windows that fill the home with natural light. The spacious basement features a half bathroom, adding extra convenience and value. Ideally located near Harper Woods, Chandler Park Academy schools, and a variety of shops and restaurants, this home offers both comfort and accessibility. Don't miss out - schedule your showing today!

  18. 2026-04-08
    price $129,900 783-char remark
    Show marketing remark (783 chars)

    Welcome to this beautifully updated 3-bedroom bungalow, nestled in the inviting Regent’s Park neighborhood. This move-in-ready home offers 1.5 bathrooms and numerous upgrades throughout, making it perfect for both homeowners and investors alike. Whether you’re looking for a cozy personal residence or a reliable addition to your rental portfolio, this property fits the bill. Enjoy the bright, open feel created by large picture windows that fill the home with natural light. The spacious basement features a half bathroom, adding extra convenience and value. Ideally located near Harper Woods, Chandler Park Academy schools, and a variety of shops and restaurants, this home offers both comfort and accessibility. Don’t miss out—schedule your showing today!

  19. 2026-03-11
    listed $139,900 Active 761-char remark
    Show marketing remark (783 chars)

    Welcome to this beautifully updated 3-bedroom bungalow, nestled in the inviting Regent’s Park neighborhood. This move-in-ready home offers 1.5 bathrooms and numerous upgrades throughout, making it perfect for both homeowners and investors alike. Whether you’re looking for a cozy personal residence or a reliable addition to your rental portfolio, this property fits the bill. Enjoy the bright, open feel created by large picture windows that fill the home with natural light. The spacious basement features a half bathroom, adding extra convenience and value. Ideally located near Harper Woods, Chandler Park Academy schools, and a variety of shops and restaurants, this home offers both comfort and accessibility. Don’t miss out—schedule your showing today!

  20. 2026-03-11
    listed $139,900 Active 783-char remark
    Show marketing remark (783 chars)

    Welcome to this beautifully updated 3-bedroom bungalow, nestled in the inviting Regent’s Park neighborhood. This move-in-ready home offers 1.5 bathrooms and numerous upgrades throughout, making it perfect for both homeowners and investors alike. Whether you’re looking for a cozy personal residence or a reliable addition to your rental portfolio, this property fits the bill. Enjoy the bright, open feel created by large picture windows that fill the home with natural light. The spacious basement features a half bathroom, adding extra convenience and value. Ideally located near Harper Woods, Chandler Park Academy schools, and a variety of shops and restaurants, this home offers both comfort and accessibility. Don’t miss out—schedule your showing today!

  21. 2026-03-11
    historical
    Show marketing remark (783 chars)

    Welcome to this beautifully updated 3-bedroom bungalow, nestled in the inviting Regent’s Park neighborhood. This move-in-ready home offers 1.5 bathrooms and numerous upgrades throughout, making it perfect for both homeowners and investors alike. Whether you’re looking for a cozy personal residence or a reliable addition to your rental portfolio, this property fits the bill. Enjoy the bright, open feel created by large picture windows that fill the home with natural light. The spacious basement features a half bathroom, adding extra convenience and value. Ideally located near Harper Woods, Chandler Park Academy schools, and a variety of shops and restaurants, this home offers both comfort and accessibility. Don’t miss out—schedule your showing today!

  22. 2026-03-11
    historical
    Show marketing remark (783 chars)

    Welcome to this beautifully updated 3-bedroom bungalow, nestled in the inviting Regent’s Park neighborhood. This move-in-ready home offers 1.5 bathrooms and numerous upgrades throughout, making it perfect for both homeowners and investors alike. Whether you’re looking for a cozy personal residence or a reliable addition to your rental portfolio, this property fits the bill. Enjoy the bright, open feel created by large picture windows that fill the home with natural light. The spacious basement features a half bathroom, adding extra convenience and value. Ideally located near Harper Woods, Chandler Park Academy schools, and a variety of shops and restaurants, this home offers both comfort and accessibility. Don’t miss out—schedule your showing today!

  23. 2026-03-10
    listed $139,900 Active
  24. 2026-03-10
    listed $139,900 Active
  25. 2025-09-23
    historical
  26. 2025-09-23
    historical
  27. 2025-05-05
    listed $124,900 Active
  28. 2025-05-05
    listed $124,900 Active
  29. 2022-08-10
    soldstatus $80,000
  30. 2022-08-01
    soldstatus $80,000 Sold
  31. 2022-08-01
    soldstatus $80,000 Closed
  32. 2022-05-23
    status Pending
  33. 2022-05-23
    status Pending
  34. 2022-05-12
    historical
  35. 2022-05-12
    listed $70,000 Active
  36. 2022-05-12
    listed $70,000 Active
  37. 2022-03-08
    status Pending
  38. 2022-03-08
    status Pending
  39. 2022-03-08
    historical
  40. 2022-02-27
    listed $65,000 Active
  41. 2022-02-27
    listed $65,000 Active
  42. 2022-02-25
    historical
  43. 2022-02-25
    historical
  44. 2021-11-30
    soldstatus $30,000 Sold
  45. 2021-11-30
    soldstatus $30,000 Closed
  46. 2021-11-18
    status Pending
  47. 2021-11-18
    status Pending
  48. 2021-11-09
    historical
  49. 2021-11-09
    status Active
  50. 2021-11-09
    status Active

ⓘ 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
$2,198 · $183/mo
Projected year-2 tax
$2,198 · $183/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
$16,397
− Mortgage interest
−$6,162
− Property taxes
−$2,198
− Insurance
−$550
− Repairs & maintenance
−$1,312
− Management
−$1,312
− Depreciation
−$3,200
Taxable income
$1,664
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$399
After-tax cash flow
$2,884/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

+208.2% since first listed
75 events — show timeline
  • 2026-05-15 Price Changed $119,900 MiRealSource-MiMLS
  • 2026-05-15 Price Changed $119,900 REALCOMP
  • 2026-05-05 Price Changed $124,900 MiRealSource-MiMLS
  • 2026-05-05 Price Changed $124,900 REALCOMP
  • 2026-04-09 Price Changed $129,900 MiRealSource-MiMLS
  • 2026-04-08 Price Changed $129,900 REALCOMP
  • 2026-03-11 Listing Removed MiRealSource-MiMLS
  • 2026-03-11 Listing Removed REALCOMP
  • 2026-03-11 Listed $139,900 REALCOMP
  • 2026-03-11 Listed $139,900 MiRealSource-MiMLS
  • 2026-03-10 Listed $139,900 REALCOMP
  • 2026-03-10 Listed $139,900 MiRealSource-MiMLS
  • 2025-09-23 Listing Removed MiRealSource-MiMLS
  • 2025-09-23 Listing Removed REALCOMP
  • 2025-05-05 Listed $124,900 REALCOMP
  • 2025-05-05 Listed $124,900 MiRealSource-MiMLS
  • 2022-08-10 Sold (Public Records) $80,000 Public Records
  • 2022-08-01 Sold (MLS) $80,000 MiRealSource-MiMLS
  • 2022-08-01 Sold (MLS) $80,000 REALCOMP
  • 2022-05-23 Pending MiRealSource-MiMLS
  • 2022-05-23 Pending REALCOMP
  • 2022-05-12 Listing Removed REALCOMP
  • 2022-05-12 Listed $70,000 MiRealSource-MiMLS
  • 2022-05-12 Listed $70,000 REALCOMP
  • 2022-03-08 Pending MiRealSource-MiMLS
  • 2022-03-08 Pending REALCOMP
  • 2022-03-08 Listing Removed MiRealSource-MiMLS
  • 2022-02-27 Listed $65,000 MiRealSource-MiMLS
  • 2022-02-27 Listed $65,000 REALCOMP
  • 2022-02-25 Coming Soon MiRealSource-MiMLS
  • 2022-02-25 Coming Soon REALCOMP
  • 2021-11-30 Sold (MLS) $30,000 MiRealSource-MiMLS
  • 2021-11-30 Sold (MLS) $30,000 REALCOMP
  • 2021-11-18 Pending MiRealSource-MiMLS
  • 2021-11-18 Pending REALCOMP
  • 2021-11-09 Listing Removed REALCOMP
  • 2021-11-09 Relisted MiRealSource-MiMLS
  • 2021-11-09 Relisted REALCOMP
  • 2021-11-09 Listed $38,000 MiRealSource-MiMLS
  • 2021-11-09 Listing Removed MiRealSource-MiMLS
  • 2021-11-09 Listed $38,000 REALCOMP
  • 2021-11-04 Contingent MiRealSource-MiMLS
  • 2021-11-04 Contingent REALCOMP
  • 2021-11-02 Relisted MiRealSource-MiMLS
  • 2021-11-02 Relisted REALCOMP
  • 2021-10-21 Contingent MiRealSource-MiMLS
  • 2021-10-21 Contingent REALCOMP
  • 2021-10-15 Listed $40,000 MiRealSource-MiMLS
  • 2021-10-15 Listed $40,000 REALCOMP
  • 2019-10-15 Sold (MLS) $35,000 MiRealSource-MiMLS
  • 2019-10-15 Sold (MLS) $35,000 REALCOMP
  • 2019-09-27 Pending MiRealSource-MiMLS
  • 2019-09-27 Pending REALCOMP
  • 2019-09-09 Relisted MiRealSource-MiMLS
  • 2019-09-09 Relisted REALCOMP
  • 2019-09-07 Price Changed $38,500 MiRealSource-MiMLS
  • 2019-09-06 Price Changed $38,500 REALCOMP
  • 2019-08-30 Pending MiRealSource-MiMLS
  • 2019-08-30 Pending REALCOMP
  • 2019-08-20 Listed $41,500 MiRealSource-MiMLS
  • 2019-08-20 Listed $41,500 REALCOMP
  • 2018-05-10 Listing Removed REALCOMP
  • 2018-05-10 Listing Removed MiRealSource-MiMLS
  • 2018-01-05 Listed $25,000 MiRealSource-MiMLS
  • 2018-01-05 Listed $25,000 REALCOMP
  • 2018-01-01 Listing Removed MiRealSource-MiMLS
  • 2018-01-01 Listing Removed REALCOMP
  • 2017-09-02 Listed $25,000 MiRealSource-MiMLS
  • 2017-09-02 Listed $25,000 REALCOMP
  • 2000-03-13 Sold (Public Records) $82,000 Public Records
  • 1999-10-11 Sold (MLS) $82,000 MiRealSource-MiMLS
  • 1999-10-11 Sold (MLS) $82,000 REALCOMP
  • 1999-08-04 Listed $82,000 MiRealSource-MiMLS
  • 1999-08-04 Listed $82,000 REALCOMP
  • 1993-09-03 Sold (Public Records) $38,900 Public Records

Property tax history

+2.7%/yr

Latest (2025): $2,198 · -37.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…