12126 Centralia · Livonia, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 98°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
- 3 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 +24.0/30.0
- DSCR +7.7/10.0
- ARV discount +7.3/15.0
- 1% rule +5.7/10.0
- Livability +3.9/5.0
- Rent growth +3.3/5.0
- Condition / age +2.5/5.0
- Schools +1.8/10.0
- Appreciation +0.0/10.0
$220,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
Key facts
- 0.24 acre lot
- 4 garage spots
- Built 1941
Neighborhood map
What this means for you Summary
Snapshot
- This is a 5-bed/1.0-bath single-family listed at $220k.
Deal economics
- At list price, monthly cash flow is $430 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $220k).
- Recommended offer: $207k (6.0% below list) — sets the bar for market timing.
- Cap rate 8.6% vs local median 4.9% in Livonia — 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 77/100 on livability (#116 in MI, #2,784 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities D, health & safety D, commute F.
- South Redford School District (suburban): math 11% / reading 29% proficiency, ranked #455 of 540 in MI (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Market conditions: Rents rising (+3.2%/yr); 192 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
- This rent runs 40% of the median local income ($71k/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 $2k of loan paydown is wiped out by about $7k 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 74 days — a 6% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
- 14 sale attempts since 27y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $189k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 74 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1941 — 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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
- 1.07% ✓
- Cap rate
- 8.64%
- Cash-on-cash
- 8.38%
- DSCR
- 1.37
- GRM
- 7.8
CMA / ARV
- ARV (median comp)
- $219,204
- List price
- $220,000
- Delta
- 0.36%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 4 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 11422 Marion | 0.38mi | 5/1.5 | 2,064 (+4%) | 4mo | $217,000 | $105 | 70 |
| 11421 Marion Ave | 0.37mi | 4/4.0 (-1) | 2,082 (+5%) | 9mo | $260,000 | $125 | 50 |
| 12835 Beech Daly Rd | 0.42mi | 4/2.0 (-1) | 2,065 (+4%) | 22mo | $170,000 | $82 | 47 |
| 11384 Columbia | 0.73mi | 4/2.0 (-1) | 1,800 (-9%) | 10mo | $226,000 | $126 | 34 |
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 · 3.25% rent growth · sell at horizon
- IRR
- -3.3%
- Equity multiple
- 0.88×
- Total profit
- $-7,677
- Equity at exit
- $32,803
- IRR
- 6.6%
- Equity multiple
- 1.50×
- Total profit
- $30,938
- Equity at exit
- $19,022
Cash invested: $61,600 (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 48239
- Rents YoY
- 3.2%
- Active inventory
- 192
- Price-to-rent
- 7.8×
Monthly cashflow live
- Estimated rent
- $2,343 medium interval (Pro) →
- Mortgage (P&I)
- −$1,154
- Tax from tax record
- −$175 /mo · $2,104/yr
- Insurance
- −$92
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$492
- Net cashflow
- $430
Break-even live
Sensitivity live
| Price | -10% $555 | -5% $493 | +0% $430 | +5% $368 | +10% $306 |
|---|---|---|---|---|---|
| Rent | -10% $245 | -5% $338 | +0% $430 | +5% $523 | +10% $615 |
| Rate | -1.0pp $541 | -0.5pp $486 | base $430 | +0.5pp $373 | +1.0pp $315 |
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
- $55,000
- Closing costs
- $6,600
- 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 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 11726 Deering St Livonia, MI | 4.0 | 1.5 | 1248 | $2,125 | $1.70 | 0d | 1 | 1.17mi |
Listing history 34 events
-
2026-05-05status Active 821-char remark
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
-
2026-05-05status Active 821-char remark
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
-
2026-05-05status Active
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
-
2026-04-14historical Active Under Contract 821-char remark
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
-
2026-04-14historical Accepting Backup Offers 821-char remark
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
-
2026-04-14historical Active - Backup Offers Accepted
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
-
2026-03-20status Active 821-char remark
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
-
2026-03-20status Active 821-char remark
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
-
2026-03-20status Active
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
-
2026-02-22status Pending 821-char remark
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
-
2026-02-22status Pending 821-char remark
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
-
2026-02-22status Pending
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
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2026-02-13$220,000 Active 821-char remark
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
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2026-02-13$220,000 Active
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
-
2026-02-13$220,000 Active 821-char remark
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
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2026-02-11historical $220,000 821-char remark
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
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2026-02-11historical $220,000
Show marketing remark (821 chars)
* * BACK ON MARKET DUE TO BUYER FINANCING FALLING THROUGH-APPRAISAL FOR 230k * * Welcome home to space, comfort, and versatility in this well-appointed 5-bedroom, 2-bath residence located in Redford. Step inside to an open entryway that creates an inviting first impression and flows seamlessly into the main living areas. The living room features a cozy fireplace--perfect for relaxing evenings or hosting guests. With five generously sized bedrooms, there's room for everyone, whether you need extra space for a home office, guests, or hobbies. Outside, a rare detached 4-car garage offers exceptional storage and parking options, ideal for car enthusiasts, contractors, or anyone needing extra space. This home blends functionality and warmth with plenty of room to grow--don't miss the opportunity to make it yours.
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2020-12-16soldstatus $189,000
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2020-11-19soldstatus $189,000 Sold
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2020-11-19soldstatus $189,000 Closed
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2020-10-08status Pending
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2020-10-08status Pending
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2020-09-28status Active
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2020-09-28status Active
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2020-09-26historical Accepting Backup Offers
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2020-09-26historical Accepting Backup Offers
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2020-09-24price $189,000
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2020-09-24price $189,000
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2020-09-04$199,900 Active
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2020-09-04$199,900 Active
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2001-11-27soldstatus $174,000
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1999-10-05soldstatus $124,900
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1999-08-31soldstatus $124,900
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1999-07-06$124,900
ⓘ 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
- $2,104 · $175/mo
- Projected year-2 tax
- $2,746 · $229/mo
- Expected delta
- +$642/yr (+$54/mo · 30.5%)
ⓘ 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 ≥98°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 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
- $28,116
- − Mortgage interest
- −$12,323
- − Property taxes
- −$2,104
- − Insurance
- −$1,100
- − Repairs & maintenance
- −$2,249
- − Management
- −$2,249
- − Depreciation
- −$6,400
- Taxable income
- $1,691
- Est. tax owed @ 24.0%
- −$406
- After-tax cash flow
- $4,758/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
- South Redford School District
- NCES district ID
- 2632280
- Math proficiency
- 11% ▼ -9.00%
- Reading proficiency
- 29% ▼ -7.00%
- Median HH income
- $52,775
- Composite
- 18.1/100
- National rank
- #8972
- State rank
- #455 of 540 in MI
Livability — Livonia
- Score
- 77/100
- State rank
- #116
- US rank
- #2784
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Wayne County · 1,562,939 people
- City population
- 61,771
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 36,976
- Household income
- $71,151
- Rent vs Own
- Severe rent burden
- 1052.0
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
- Majority Black (58%)
- Race & ethnicity
- Black 58% White 34% Hispanic / Latino 4% Two or more races 4%
- Common ancestry
- Romanian 7% Slovak 2% Lithuanian 2%
- Foreign-born
- 2% · Canada
- Languages at home
- 96% English-only · Spanish 1% Other Indo-European 1% Arabic 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
- ▼ -202.97%
- Current HPI
- 236.1136
- Rent YoY
- ▲ 3.25%
- 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
+76.1% since first listed34 events — show timeline
- 2026-05-05 Relisted — REALCOMP
- 2026-05-05 Relisted — MiRealSource-MiMLS
- 2026-05-05 Relisted — SW Michigan MLS
- 2026-04-14 Contingent — REALCOMP
- 2026-04-14 Contingent — MiRealSource-MiMLS
- 2026-04-14 Contingent — SW Michigan MLS
- 2026-03-20 Relisted — REALCOMP
- 2026-03-20 Relisted — MiRealSource-MiMLS
- 2026-03-20 Relisted — SW Michigan MLS
- 2026-02-22 Pending — REALCOMP
- 2026-02-22 Pending — MiRealSource-MiMLS
- 2026-02-22 Pending — SW Michigan MLS
- 2026-02-13 Listed $220,000 REALCOMP
- 2026-02-13 Listed $220,000 SW Michigan MLS
- 2026-02-13 Listed $220,000 MiRealSource-MiMLS
- 2026-02-11 Coming Soon $220,000 MiRealSource-MiMLS
- 2026-02-11 Coming Soon $220,000 SW Michigan MLS
- 2020-12-16 Sold (Public Records) $189,000 Public Records
- 2020-11-19 Sold (MLS) $189,000 MiRealSource-MiMLS
- 2020-11-19 Sold (MLS) $189,000 REALCOMP
- 2020-10-08 Pending — MiRealSource-MiMLS
- 2020-10-08 Pending — REALCOMP
- 2020-09-28 Relisted — MiRealSource-MiMLS
- 2020-09-28 Relisted — REALCOMP
- 2020-09-26 Contingent — MiRealSource-MiMLS
- 2020-09-26 Contingent — REALCOMP
- 2020-09-24 Price Changed $189,000 MiRealSource-MiMLS
- 2020-09-24 Price Changed $189,000 REALCOMP
- 2020-09-04 Listed $199,900 MiRealSource-MiMLS
- 2020-09-04 Listed $199,900 REALCOMP
- 2001-11-27 Sold (Public Records) $174,000 Public Records
- 1999-10-05 Sold (Public Records) $124,900 Public Records
- 1999-08-31 Sold (MLS) $124,900 REALCOMP
- 1999-07-06 Listed $124,900 REALCOMP
Property tax history
-0.3%/yrLatest (2025): $2,104 · -64.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…