14298 Chelsea St · 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 95°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 D 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 +15.0/30.0
- ARV discount +7.5/15.0
- 1% rule +5.0/10.0
- DSCR +5.0/10.0
- Livability +3.7/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$17,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
GREAT DETROIT NEIGHBORHOOD! EXCELLENT VALUE-ADD OPPORTUNITY IDEAL FOR INVESTORS SEEKING A RENTAL OR FLIP. PROPERTY NEEDS FULL REHAB AND IS PRICED ACCORDINGLY, OFFERING STRONG UPSIDE POTENTIAL. BRING YOUR VISION AND CAPITALIZE ON THIS INVESTMENT OPPORTUNITY - PRICED TO SELL!
Key facts
- 3,920 sq ft lot
- Built 1925
- Listed 177 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.0-bath single-family listed at $18k.
Deal economics
- At list price, monthly cash flow is $1k ($12k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $18k).
- Recommended offer: $16k (12.0% below list) — sets the bar for market timing.
- Cap rate 75.1% vs local median 10.2% in Detroit — 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 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: 190 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).
- At $1,457/mo this rent would consume 51% of the median local household income ($34k/yr) (locally 1202% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $124 of loan paydown is wiped out by about $537 of value loss. Plan a longer hold.
- Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $5k cash investment doubles in ~1 year — after that, you're playing with house money.
Negotiation context
- It's been on market 177 days — a 12% lower offer ($16k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $12k (40%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 177 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1925 — 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?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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
- 8.14% ✓
- Cap rate
- 75.14%
- Cash-on-cash
- 245.89%
- DSCR
- 11.94
- GRM
- 1.0
CMA / ARV
- ARV (median comp)
- $58,626
- List price
- $17,900
- Delta
- -69.47%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 13334 Elmdale St | 0.26mi | 3/1.0 (-1) | 1,221 (-5%) | 3mo | $89,254 | $73 | 72 |
| 14210 Wilfred St | 0.48mi | 3/1.0 (-1) | 1,264 (-2%) | 0mo | $17,000 | $13 | 69 |
| 10709 Bonita St | 0.43mi | 3/1.0 (-1) | 1,226 (-5%) | 4mo | $82,000 | $67 | 64 |
| 13113 Camden St | 0.46mi | 3/1.0 (-1) | 1,224 (-5%) | 2mo | $88,000 | $72 | 63 |
| 13136 Maiden St | 0.39mi | 4/1.0 | 1,144 (-11%) | 1mo | $10,000 | $9 | 63 |
| 13406 Elmdale St | 0.21mi | 5/2.0 (+1) | 1,460 (+13%) | 2mo | $32,500 | $22 | 57 |
| 14750 Lannette St | 0.39mi | 3/1.0 (-1) | 1,099 (-15%) | 3mo | $78,000 | $71 | 50 |
| 11336 Courville St | 0.64mi | 3/1.0 (-1) | 1,425 (+11%) | 0mo | $62,500 | $44 | 47 |
| 9500 Lakepointe St | 0.63mi | 3/1.0 (-1) | 1,130 (-12%) | 0mo | $125,000 | $111 | 45 |
| 13124 Flanders St | 0.61mi | 3/2.0 (-1) | 1,150 (-11%) | 0mo | $115,000 | $100 | 45 |
| 9722 Wayburn St | 0.56mi | 3/1.0 (-1) | 1,464 (+14%) | 2mo | $84,900 | $58 | 45 |
| 9509 Lakepointe St | 0.60mi | 3/1.0 (-1) | 1,112 (-14%) | 4mo | $109,000 | $98 | 41 |
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 · 3.0% rent growth · sell at horizon
- IRR
- —
- Equity multiple
- 13.48×
- Total profit
- $62,531
- Equity at exit
- $2,669
- IRR
- —
- Equity multiple
- 28.69×
- Total profit
- $138,766
- Equity at exit
- $1,548
Cash invested: $5,012 (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 48213
- Active inventory
- 190
- Price-to-rent
- 1.0×
Monthly cashflow live
- Estimated rent
- $1,457 high interval (Pro) →
- Mortgage (P&I)
- −$94
- Tax est. 1.5%
- −$22 /mo · $268/yr
- Insurance
- −$7
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$306
- Net cashflow
- $1,027
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
- $4,475
- Closing costs
- $537
- 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 |
|---|---|---|---|---|---|---|---|---|
| 13400 Longview St Detroit, MI | 3.0 | 1.5 | 1000 | $1,400 | $1.40 | 43d | 1 | 0.19mi |
| 13395 Maiden St Detroit, MI | 5.0 | 2.0 | 1750 | $1,600 | $0.91 | 24d | 1 | 0.31mi |
| 13137 Elmdale St Detroit, MI | 3.0 | 1.0 | 1115 | $1,400 | $1.26 | 24d | 1 | 0.32mi |
| 9755 Wayburn St Detroit, MI | 3.0 | 2.0 | 1498 | $1,400 | $0.93 | 3d | 1 | 0.52mi |
| 12840 Kilbourne St Detroit, MI | 3.0 | 1.0 | 1136 | $1,350 | $1.19 | 17d | 1 | 0.55mi |
| 10724 Whitehill St Detroit, MI | 3.0 | 3.0 | 1425 | $1,550 | $1.09 | 17d | 1 | 0.57mi |
| 10813 Whitehill St Detroit, MI | 3.0 | 1.0 | 1392 | $1,350 | $0.97 | 17d | 1 | 0.59mi |
| 9168 Wayburn St Detroit, MI | 3.0 | 1.0 | 1274 | $1,300 | $1.02 | 20d | 1 | 0.61mi |
| 9400 Lakepointe St Detroit, MI | 3.0 | 1.0 | 1300 | $1,150 | $0.88 | 4d | 1 | 0.65mi |
| 10141 Roxbury St Detroit, MI | 3.0 | 1.0 | 1115 | $1,000 | $0.90 | 43d | 1 | 0.67mi |
| 11018 Whitehill St Detroit, MI | 3.0 | 1.0 | 1146 | $1,450 | $1.27 | 10d | 1 | 0.71mi |
| 15000 Mayfield St Detroit, MI | 3.0 | 1.0 | 1146 | $970 | $0.85 | 17d | 1 | 0.72mi |
| 5966 Eastlawn St Unit NA Detroit, MI | 3.0 | 1.5 | 1366 | $1,500 | $1.10 | 24d | 1 | 0.72mi |
| 9927 Beaconsfield St Detroit, MI | 3.0 | 1.0 | 942 | $1,375 | $1.46 | 14d | 1 | 0.75mi |
| 14201 Mayfield St Detroit, MI | 4.0 | 1.5 | 1296 | $1,250 | $0.96 | 43d | 1 | 0.80mi |
| 9984 Beaconsfield St Detroit, MI | 3.0 | 1.0 | 1222 | $1,575 | $1.29 | 43d | 1 | 0.82mi |
| 12210 Longview St Detroit, MI | 3.0 | 1.0 | 1020 | $1,100 | $1.08 | 43d | 1 | 0.88mi |
| 9409 Balfour Rd Detroit, MI | 3.0 | 1.0 | 1195 | $1,200 | $1.00 | 43d | 1 | 0.90mi |
| 15010 Cedargrove St Detroit, MI | 3.0 | 1.5 | 1018 | $1,350 | $1.33 | 43d | 1 | 0.93mi |
| 5747 Lakepointe St Detroit, MI | 3.0 | 1.5 | 1316 | $1,473 | $1.12 | 43d | 1 | 0.94mi |
| 12051 Wilshire Dr Detroit, MI | 3.0 | 1.5 | 1224 | $1,250 | $1.02 | 17d | 1 | 1.00mi |
| 5791 Somerset Ave Detroit, MI | 3.0 | 2.0 | 1660 | $1,400 | $0.84 | 17d | 1 | 1.01mi |
| 5751 Nottingham Rd Unit 5/21/26 Detroit, MI | 3.0 | 1.0 | 1100 | $1,250 | $1.14 | 14d | 1 | 1.01mi |
| 10803 Roxbury St Detroit, MI | 3.0 | 1.0 | 1150 | $900 | $0.78 | 20d | 1 | 1.02mi |
| 15857 Evanston St Detroit, MI | 3.0 | 1.5 | 1232 | $1,250 | $1.01 | 4d | 1 | 1.03mi |
| 10404 Somerset Ave Detroit, MI | 3.0 | 1.0 | 1108 | $1,475 | $1.33 | 3d | 1 | 1.15mi |
| 8205 E Outer Dr Detroit, MI | 3.0 | 1.5 | 1874 | $1,400 | $0.75 | 17d | 1 | 1.21mi |
| 15494 Mapleridge St Detroit, MI | 3.0 | 1.0 | 937 | $1,275 | $1.36 | 43d | 1 | 1.26mi |
| 9635 Everts St Detroit, MI | 4.0 | 2.0 | 1450 | $1,650 | $1.14 | 43d | 1 | 1.27mi |
| 11235 Roxbury St Detroit, MI | 3.0 | 1.0 | 1062 | $1,325 | $1.25 | 17d | 1 | 1.28mi |
| 5574 Buckingham Ave Detroit, MI | 3.0 | 1.0 | 1430 | $1,450 | $1.01 | 4d | 1 | 1.29mi |
| 11689 Wayburn St Detroit, MI | 3.0 | 1.0 | 1142 | $1,350 | $1.18 | 43d | 1 | 1.33mi |
| 10030 Bishop St Detroit, MI | 5.0 | 2.0 | 1721 | $1,200 | $0.70 | 17d | 1 | 1.33mi |
| 11911 Lansdowne St Detroit, MI | 4.0 | 1.0 | 1350 | $1,400 | $1.04 | 43d | 1 | 1.33mi |
| 11620 Rossiter St Detroit, MI | 3.0 | 1.0 | 1140 | $1,200 | $1.05 | 17d | 1 | 1.39mi |
| 5267 Haverhill St Detroit, MI | 3.0 | 1.5 | 1458 | $1,300 | $0.89 | 17d | 1 | 1.41mi |
| 5267 Haverhill St Detroit, MI | 3.0 | 1.5 | 1458 | $1,300 | $0.89 | 16d | 1 | 1.41mi |
| 10037 Grayton St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 3d | 1 | 1.42mi |
| 11171 Charlemagne Ave Unit A Detroit, MI | 3.0 | 1.0 | 1598 | $1,200 | $0.75 | 43d | 1 | 1.42mi |
| 13218 Greiner St Detroit, MI | 3.0 | 1.0 | 1162 | $1,195 | $1.03 | 17d | 1 | 1.43mi |
Listing history 23 events
-
2026-06-18days on market $17,900 Active 177 DOM
-
2026-06-17days on market $17,900 Active 176 DOM
-
2026-06-15days on market $17,900 Active 174 DOM
-
2026-06-13days on market $17,900 Active 172 DOM
-
2026-06-13days on market $17,900 Active 171 DOM
-
2026-06-09days on market $17,900 Active 168 DOM
-
2026-06-08days on market $17,900 Active 167 DOM
-
2026-06-07days on market $17,900 Active 166 DOM
-
2026-06-04days on market $17,900 Active 163 DOM
-
2026-06-03days on market $17,900 Active 162 DOM
-
2026-06-01days on market $17,900 Active 160 DOM
-
2026-05-31days on market $17,900 Active 159 DOM
-
2026-05-14price $17,900 274-char remark
Show marketing remark (274 chars)
GREAT DETROIT NEIGHBORHOOD! EXCELLENT VALUE-ADD OPPORTUNITY IDEAL FOR INVESTORS SEEKING A RENTAL OR FLIP. PROPERTY NEEDS FULL REHAB AND IS PRICED ACCORDINGLY, OFFERING STRONG UPSIDE POTENTIAL. BRING YOUR VISION AND CAPITALIZE ON THIS INVESTMENT OPPORTUNITY - PRICED TO SELL!
-
2026-05-13price $17,900 278-char remark
Show marketing remark (278 chars)
GREAT DETROIT NEIGHBORHOOD! EXCELLENT VALUE-ADD OPPORTUNITY IDEAL FOR INVESTORS SEEKING A RENTAL OR FLIP. PROPERTY NEEDS FULL REHAB AND IS PRICED ACCORDINGLY, OFFERING STRONG UPSIDE POTENTIAL. BRING YOUR VISION AND CAPITALIZE ON THIS INVESTMENT OPPORTUNITY—PRICED TO SELL!
-
2026-04-21price $20,000 274-char remark
Show marketing remark (274 chars)
GREAT DETROIT NEIGHBORHOOD! EXCELLENT VALUE-ADD OPPORTUNITY IDEAL FOR INVESTORS SEEKING A RENTAL OR FLIP. PROPERTY NEEDS FULL REHAB AND IS PRICED ACCORDINGLY, OFFERING STRONG UPSIDE POTENTIAL. BRING YOUR VISION AND CAPITALIZE ON THIS INVESTMENT OPPORTUNITY - PRICED TO SELL!
-
2026-04-20price $20,000 278-char remark
Show marketing remark (278 chars)
GREAT DETROIT NEIGHBORHOOD! EXCELLENT VALUE-ADD OPPORTUNITY IDEAL FOR INVESTORS SEEKING A RENTAL OR FLIP. PROPERTY NEEDS FULL REHAB AND IS PRICED ACCORDINGLY, OFFERING STRONG UPSIDE POTENTIAL. BRING YOUR VISION AND CAPITALIZE ON THIS INVESTMENT OPPORTUNITY—PRICED TO SELL!
-
2026-04-03price $22,900 274-char remark
Show marketing remark (274 chars)
GREAT DETROIT NEIGHBORHOOD! EXCELLENT VALUE-ADD OPPORTUNITY IDEAL FOR INVESTORS SEEKING A RENTAL OR FLIP. PROPERTY NEEDS FULL REHAB AND IS PRICED ACCORDINGLY, OFFERING STRONG UPSIDE POTENTIAL. BRING YOUR VISION AND CAPITALIZE ON THIS INVESTMENT OPPORTUNITY - PRICED TO SELL!
-
2026-04-02price $22,900 278-char remark
Show marketing remark (278 chars)
GREAT DETROIT NEIGHBORHOOD! EXCELLENT VALUE-ADD OPPORTUNITY IDEAL FOR INVESTORS SEEKING A RENTAL OR FLIP. PROPERTY NEEDS FULL REHAB AND IS PRICED ACCORDINGLY, OFFERING STRONG UPSIDE POTENTIAL. BRING YOUR VISION AND CAPITALIZE ON THIS INVESTMENT OPPORTUNITY—PRICED TO SELL!
-
2026-02-14price $24,900 274-char remark
Show marketing remark (278 chars)
GREAT DETROIT NEIGHBORHOOD! EXCELLENT VALUE-ADD OPPORTUNITY IDEAL FOR INVESTORS SEEKING A RENTAL OR FLIP. PROPERTY NEEDS FULL REHAB AND IS PRICED ACCORDINGLY, OFFERING STRONG UPSIDE POTENTIAL. BRING YOUR VISION AND CAPITALIZE ON THIS INVESTMENT OPPORTUNITY—PRICED TO SELL!
-
2026-02-14price $24,900 278-char remark
Show marketing remark (278 chars)
GREAT DETROIT NEIGHBORHOOD! EXCELLENT VALUE-ADD OPPORTUNITY IDEAL FOR INVESTORS SEEKING A RENTAL OR FLIP. PROPERTY NEEDS FULL REHAB AND IS PRICED ACCORDINGLY, OFFERING STRONG UPSIDE POTENTIAL. BRING YOUR VISION AND CAPITALIZE ON THIS INVESTMENT OPPORTUNITY—PRICED TO SELL!
-
2025-12-23$29,900 Active 274-char remark
Show marketing remark (278 chars)
GREAT DETROIT NEIGHBORHOOD! EXCELLENT VALUE-ADD OPPORTUNITY IDEAL FOR INVESTORS SEEKING A RENTAL OR FLIP. PROPERTY NEEDS FULL REHAB AND IS PRICED ACCORDINGLY, OFFERING STRONG UPSIDE POTENTIAL. BRING YOUR VISION AND CAPITALIZE ON THIS INVESTMENT OPPORTUNITY—PRICED TO SELL!
-
2025-12-23$29,900 Active 278-char remark
Show marketing remark (278 chars)
GREAT DETROIT NEIGHBORHOOD! EXCELLENT VALUE-ADD OPPORTUNITY IDEAL FOR INVESTORS SEEKING A RENTAL OR FLIP. PROPERTY NEEDS FULL REHAB AND IS PRICED ACCORDINGLY, OFFERING STRONG UPSIDE POTENTIAL. BRING YOUR VISION AND CAPITALIZE ON THIS INVESTMENT OPPORTUNITY—PRICED TO SELL!
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2001-10-26soldstatus $27,561
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
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 ≥95°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
- $17,479
- − Mortgage interest
- −$1,003
- − Property taxes
- −$268
- − Insurance
- −$90
- − Repairs & maintenance
- −$1,398
- − Management
- −$1,398
- − Depreciation
- −$521
- Taxable income
- $12,801
- Est. tax owed @ 24.0%
- −$3,072
- After-tax cash flow
- $9,252/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)
- 20,075
- Household income
- $34,003
- Rent vs Own
- Severe rent burden
- 1202.0
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 (92%)
- Race & ethnicity
- Black 92% White 4% Hispanic / Latino 2% Two or more races 1%
- Common ancestry
- Slovak 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 97% English-only · Arabic 1% 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
- ▼ -122.86%
- Current HPI
- 217.2037
- Rent YoY
- —
- 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 |
|
||
| Automotive | 2 | $372B |
|
||
| Chemicals | 1 | $45B |
|
||
| Automotive Retail | 1 | $29B |
|
||
| Healthcare / Medical Devices | 1 | $23B |
|
||
| Automotive Technology | 1 | $20B |
|
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Price history
-35.1% since first listed11 events — show timeline
- 2026-05-14 Price Changed $17,900 MiRealSource-MiMLS
- 2026-05-13 Price Changed $17,900 REALCOMP
- 2026-04-21 Price Changed $20,000 MiRealSource-MiMLS
- 2026-04-20 Price Changed $20,000 REALCOMP
- 2026-04-03 Price Changed $22,900 MiRealSource-MiMLS
- 2026-04-02 Price Changed $22,900 REALCOMP
- 2026-02-14 Price Changed $24,900 MiRealSource-MiMLS
- 2026-02-14 Price Changed $24,900 REALCOMP
- 2025-12-23 Listed $29,900 REALCOMP
- 2025-12-23 Listed $29,900 MiRealSource-MiMLS
- 2001-10-26 Sold (Public Records) $27,561 Public Records
Property tax history
+1.4%/yrLatest (2025): $1,143 · -55.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…