14141 Edmore Dr · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- 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 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 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 +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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- Built in 1950 — 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
- 1.24% ✓
- 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
- IRR
- -2.3%
- Equity multiple
- 0.92×
- Total profit
- $-2,607
- Equity at exit
- $16,401
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-18days on market $110,000 Active 99 DOM
-
2026-06-17days on market $110,000 Active 98 DOM
-
2026-06-15days on market $110,000 Active 96 DOM
-
2026-06-13days on market $110,000 Active 94 DOM
-
2026-06-13days on market $110,000 Active 93 DOM
-
2026-06-09days on market $110,000 Active 90 DOM
-
2026-06-08days on market $110,000 Active 89 DOM
-
2026-06-07days on market $110,000 Active 88 DOM
-
2026-06-04days on market $110,000 Active 85 DOM
-
2026-06-03pricedays on market $110,000 Active 84 DOM
-
2026-06-01days on market $119,900 Active 82 DOM
-
2026-05-31days on market $119,900 Active 81 DOM
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2026-05-15price $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!
-
2026-05-15price $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!
-
2026-05-05price $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!
-
2026-05-05price $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!
-
2026-04-09price $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!
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2026-04-08price $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!
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2026-03-11$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!
-
2026-03-11$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!
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2026-03-11historical
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!
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2026-03-11historical
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!
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2026-03-10$139,900 Active
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2026-03-10$139,900 Active
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2025-09-23historical
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2025-09-23historical
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2025-05-05$124,900 Active
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2025-05-05$124,900 Active
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2022-08-10soldstatus $80,000
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2022-08-01soldstatus $80,000 Sold
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2022-08-01soldstatus $80,000 Closed
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2022-05-23status Pending
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2022-05-23status Pending
-
2022-05-12historical
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2022-05-12$70,000 Active
-
2022-05-12$70,000 Active
-
2022-03-08status Pending
-
2022-03-08status Pending
-
2022-03-08historical
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2022-02-27$65,000 Active
-
2022-02-27$65,000 Active
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2022-02-25historical
-
2022-02-25historical
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2021-11-30soldstatus $30,000 Sold
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2021-11-30soldstatus $30,000 Closed
-
2021-11-18status Pending
-
2021-11-18status Pending
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2021-11-09historical
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2021-11-09status Active
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2021-11-09status 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
- 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
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
- 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 |
|---|---|---|
| Automotive Parts | 3 | $48B |
|
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| Automotive | 2 | $372B |
|
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| Chemicals | 1 | $45B |
|
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| Automotive Retail | 1 | $29B |
|
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| Healthcare / Medical Devices | 1 | $23B |
|
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| Automotive Technology | 1 | $20B |
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Price history
+208.2% since first listed75 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%/yrLatest (2025): $2,198 · -37.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…