14221 Jane St · Detroit, MI 48205

$105,000

4 bd · 1.0 ba · 1,045 sqft · SingleFamily public records · 375 Days on market

Built 1927 6,098 sqft lot $100/sqft · 72% above area

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Why this score? — see what drove the B- 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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +8.4/10.0
• ARV discount +7.5/15.0
• Livability +3.7/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming home on Detroit, Enjoy the convenience of being close to fantastic restaurants, shops, major highways, and more. Don't miss the opportunity !!!

Key facts

• 6,098 sq ft lot
• Built 1927
• Listed 375 days

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $428 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $105k).
• Recommended offer: $92k (12.0% 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 21d 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 43% 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 $726 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.
• At projected returns (-3.0% appreciation + 1.3% rent growth), your $29k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 375 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 20y ago; this cycle's ask has dropped $15k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1927 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $92,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 375 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1927 — 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: 1.34% ✓
• Cap rate: 11.19%
• Cash-on-cash: 17.48%
• DSCR: 1.78
• GRM: 6.2

CMA / ARV

• ARV (median comp): $60,973
• List price: $105,000
• Delta: 72.21%
• 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
13302 Jane St	0.17mi	3/1.0 (-1)	1,024 (-2%)	4mo	$37,000	$36	81
14728 Wilfred St	0.33mi	3/1.0 (-1)	1,050 (+0%)	3mo	$30,500	$29	76
14750 Lannette St	0.42mi	3/1.0 (-1)	1,099 (+5%)	3mo	$78,000	$71	64
13124 Flanders St	0.23mi	3/2.0 (-1)	1,150 (+10%)	0mo	$115,000	$100	63
14493 Kilbourne St	0.37mi	3/1.0 (-1)	999 (-4%)	9mo	$65,000	$65	63
8801 E Outer Dr	0.65mi	3/1.5 (-1)	1,047 (+0%)	1mo	$40,000	$38	62
13312 Jane St	0.16mi	3/1.0 (-1)	1,190 (+14%)	6mo	$124,000	$104	60
8750 E Outer Dr	0.71mi	3/1.0 (-1)	1,070 (+2%)	7mo	$102,000	$95	52
13001 Promenade St	0.56mi	3/1.0 (-1)	1,124 (+8%)	6mo	$73,800	$66	51
15018 Seymour St	0.71mi	3/1.0 (-1)	1,094 (+5%)	6mo	$68,500	$63	50
14866 Houston Whittier St	0.43mi	3/1.0 (-1)	930 (-11%)	9mo	$32,000	$34	49
15255 Young St	0.73mi	3/1.0 (-1)	919 (-12%)	9mo	$72,500	$79	33

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: 7.0%
• Equity multiple: 1.27×
• Total profit: $7,931
• Equity at exit: $15,656

10-year hold

• IRR: 14.9%
• Equity multiple: 2.12×
• Total profit: $32,785
• Equity at exit: $9,078

Cash invested: $29,400 (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.

Methodology + full state rankings →

ZIP-level market 48205

• Home prices YoY: -28.1%
• Rents YoY: 1.3%
• Active inventory: 373
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,406 high
• Mortgage (P&I): −$551
• Tax from tax record: −$88 /mo · $1,056/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$295
• Net cashflow: $428

Break-even live

Break-even rent $864

Max offer price $105,000

Occupancy floor 65%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14201 Mayfield St Detroit, MI	4.0	1.5	1296	$1,250	$0.96	44d	1	0.24mi
12840 Kilbourne St Detroit, MI	3.0	1.0	1136	$1,350	$1.19	18d	1	0.41mi
15000 Mayfield St Detroit, MI	3.0	1.0	1146	$970	$0.85	17d	1	0.54mi
15010 Cedargrove St Detroit, MI	3.0	1.5	1018	$1,350	$1.33	44d	1	0.66mi
13400 Longview St Detroit, MI	3.0	1.5	1000	$1,400	$1.40	44d	1	0.69mi
13137 Elmdale St Detroit, MI	3.0	1.0	1115	$1,400	$1.26	24d	1	0.75mi
13218 Greiner St Detroit, MI	3.0	1.0	1162	$1,195	$1.03	18d	1	0.83mi
10813 Whitehill St Detroit, MI	3.0	1.0	1392	$1,350	$0.97	17d	1	0.90mi
10724 Whitehill St Detroit, MI	3.0	3.0	1425	$1,550	$1.09	18d	1	0.92mi
11018 Whitehill St Detroit, MI	3.0	1.0	1146	$1,450	$1.27	11d	1	0.97mi
12051 Wilshire Dr Detroit, MI	3.0	1.5	1224	$1,250	$1.02	17d	1	1.01mi
9755 Wayburn St Detroit, MI	3.0	2.0	1498	$1,400	$0.93	4d	1	1.02mi
12210 Longview St Detroit, MI	3.0	1.0	1020	$1,100	$1.08	44d	1	1.02mi
15494 Mapleridge St Detroit, MI	3.0	1.0	937	$1,275	$1.36	44d	1	1.07mi
18624 Fairport St Unit NA Detroit, MI	3.0	1.0	924	$1,450	$1.57	24d	1	1.12mi
18624 Fairport St Detroit, MI	3.0	1.0	874	$1,450	$1.66	22d	1	1.12mi
10141 Roxbury St Detroit, MI	3.0	1.0	1115	$1,000	$0.90	44d	1	1.12mi
11785 Nashville St Detroit, MI	3.0	2.0	1360	$1,450	$1.07	4d	1	1.16mi
11760 Nashville St Detroit, MI	3.0	1.0	1200	$1,250	$1.04	17d	1	1.17mi
9168 Wayburn St Detroit, MI	3.0	1.0	1274	$1,300	$1.02	20d	1	1.18mi
9400 Lakepointe St Detroit, MI	3.0	1.0	1300	$1,150	$0.88	5d	1	1.20mi
14481 Maddelein St Detroit, MI	3.0	1.0	1200	$1,100	$0.92	44d	1	1.20mi
17851 Strasburg St Detroit, MI	3.0	1.0	1079	$1,100	$1.02	17d	1	1.21mi
9927 Beaconsfield St Detroit, MI	3.0	1.0	942	$1,375	$1.46	15d	1	1.23mi
11700 Engleside St Detroit, MI	3.0	1.0	1000	$1,175	$1.18	44d	1	1.24mi
14461 Lappin St Detroit, MI	3.0	1.5	989	$1,150	$1.16	17d	1	1.27mi
9984 Beaconsfield St Detroit, MI	3.0	1.0	1222	$1,575	$1.29	44d	1	1.27mi
10803 Roxbury St Detroit, MI	3.0	1.0	1150	$900	$0.78	20d	1	1.28mi
5966 Eastlawn St Unit NA Detroit, MI	3.0	1.5	1366	$1,500	$1.10	24d	1	1.30mi
14504 Coram St Detroit, MI	3.0	1.0	1203	$1,175	$0.98	24d	1	1.32mi
19170 Joann St Detroit, MI	4.0	1.0	1020	$1,400	$1.37	44d	1	1.33mi
18681 Barlow St Detroit, MI	3.0	1.0	1041	$1,400	$1.34	24d	1	1.34mi
19220 Alcoy St Detroit, MI	3.0	1.0	1023	$1,350	$1.32	17d	1	1.35mi
13669 Pfent St Detroit, MI	3.0	2.0	1031	$1,374	$1.33	17d	1	1.35mi
19143 Fairport St Detroit, MI	3.0	1.0	1070	$1,225	$1.14	17d	1	1.36mi
17241 Rowe St Detroit, MI	3.0	1.5	1316	$1,450	$1.10	17d	1	1.36mi
11911 Lansdowne St Detroit, MI	4.0	1.0	1350	$1,400	$1.04	44d	1	1.37mi
11689 Wayburn St Detroit, MI	3.0	1.0	1142	$1,350	$1.18	44d	1	1.40mi
9409 Balfour Rd Detroit, MI	3.0	1.0	1195	$1,200	$1.00	44d	1	1.42mi
15616 E 7 Mile Rd Detroit, MI	3.0	1.5	1150	$1,150	$1.00	17d	1	1.44mi

Listing history 37 events

1. 2026-06-01
   days on market $105,000 Active 375 DOM
2. 2026-05-31
   days on market $105,000 Active 374 DOM
3. 2026-05-08
   price $105,000 168-char remark

   Show marketing remark (168 chars)

   Welcome to this charming home on Detroit, Enjoy the convenience of being close to fantastic restaurants, shops, major highways, and more. Don't miss the opportunity !!!

4. 2026-05-08
   price $105,000 168-char remark

   Show marketing remark (168 chars)

   Welcome to this charming home on Detroit, Enjoy the convenience of being close to fantastic restaurants, shops, major highways, and more. Don't miss the opportunity !!!

5. 2025-08-07
   price $115,000 168-char remark

   Show marketing remark (168 chars)

   Welcome to this charming home on Detroit, Enjoy the convenience of being close to fantastic restaurants, shops, major highways, and more. Don't miss the opportunity !!!

6. 2025-08-07
   price $115,000 168-char remark

   Show marketing remark (168 chars)

   Welcome to this charming home on Detroit, Enjoy the convenience of being close to fantastic restaurants, shops, major highways, and more. Don't miss the opportunity !!!

7. 2025-05-22
   listed $120,000 Active 168-char remark

   Show marketing remark (168 chars)

   Welcome to this charming home on Detroit, Enjoy the convenience of being close to fantastic restaurants, shops, major highways, and more. Don't miss the opportunity !!!

8. 2025-05-22
   listed $120,000 Active 168-char remark

   Show marketing remark (168 chars)

   Welcome to this charming home on Detroit, Enjoy the convenience of being close to fantastic restaurants, shops, major highways, and more. Don't miss the opportunity !!!

9. 2025-05-22
   historical

   Show marketing remark (168 chars)

   Welcome to this charming home on Detroit, Enjoy the convenience of being close to fantastic restaurants, shops, major highways, and more. Don't miss the opportunity !!!

10. 2025-05-22
    historical

    Show marketing remark (168 chars)

    Welcome to this charming home on Detroit, Enjoy the convenience of being close to fantastic restaurants, shops, major highways, and more. Don't miss the opportunity !!!

11. 2025-04-15
    status Active
12. 2025-04-09
    historical
13. 2024-09-03
    listed $130,000 Active
14. 2024-09-03
    listed $130,000 Active
15. 2023-07-27
    historical
16. 2023-07-27
    historical
17. 2023-05-02
    listed $129,000 Active
18. 2023-05-02
    listed $129,000 Active
19. 2023-02-27
    historical
20. 2023-02-27
    historical
21. 2022-12-14
    price $129,000
22. 2022-12-13
    price $129,000
23. 2022-10-21
    listed $130,000 Active
24. 2022-10-21
    listed $130,000 Active
25. 2021-02-10
    soldstatus $115,000
26. 2009-05-01
    soldstatus $787
27. 2009-04-07
    historical
28. 2008-12-05
    listed $2,000
29. 2007-07-01
    historical
30. 2007-07-01
    historical
31. 2007-03-21
    listed $70,000
32. 2007-03-21
    listed $70,000
33. 2007-03-19
    soldstatus $70,000
34. 2006-12-01
    soldstatus $70,000
35. 2006-10-02
    historical
36. 2006-09-29
    listed $70,000
37. 1992-01-27
    soldstatus $90,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $1,056 · $88/mo
• Projected year-2 tax: $1,336 · $111/mo
• Expected delta: +$281/yr (+$23/mo · 26.6%)

ⓘ 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

Taxation est. · year 1

• Rental income: $16,870
• − Mortgage interest: −$5,882
• − Property taxes: −$1,056
• − Insurance: −$525
• − Repairs & maintenance: −$1,350
• − Management: −$1,350
• − Depreciation: −$3,055
• Taxable income: $3,654
• Est. tax owed @ 24.0%: −$877
• After-tax cash flow: $4,262/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
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+16.7% since first listed

35 events — show timeline

• 2026-05-08 Price Changed $105,000 MiRealSource-MiMLS
• 2026-05-08 Price Changed $105,000 REALCOMP
• 2025-08-07 Price Changed $115,000 MiRealSource-MiMLS
• 2025-08-07 Price Changed $115,000 REALCOMP
• 2025-05-22 Listed $120,000 REALCOMP
• 2025-05-22 Listing Removed — REALCOMP
• 2025-05-22 Listing Removed — MiRealSource-MiMLS
• 2025-05-22 Listed $120,000 MiRealSource-MiMLS
• 2025-04-15 Relisted — REALCOMP
• 2025-04-09 Listing Removed — REALCOMP
• 2024-09-03 Listed $130,000 REALCOMP
• 2024-09-03 Listed $130,000 MiRealSource-MiMLS
• 2023-07-27 Listing Removed — MiRealSource-MiMLS
• 2023-07-27 Listing Removed — REALCOMP
• 2023-05-02 Listed $129,000 MiRealSource-MiMLS
• 2023-05-02 Listed $129,000 REALCOMP
• 2023-02-27 Listing Removed — MiRealSource-MiMLS
• 2023-02-27 Listing Removed — REALCOMP
• 2022-12-14 Price Changed $129,000 MiRealSource-MiMLS
• 2022-12-13 Price Changed $129,000 REALCOMP
• 2022-10-21 Listed $130,000 MiRealSource-MiMLS
• 2022-10-21 Listed $130,000 REALCOMP
• 2021-02-10 Sold (Public Records) $115,000 Public Records
• 2009-05-01 Sold (MLS) $787 MiRealSource-MiMLS
• 2009-04-07 Listing Removed — MiRealSource-MiMLS
• 2008-12-05 Listed $2,000 MiRealSource-MiMLS
• 2007-07-01 Listing Removed — REALCOMP
• 2007-07-01 Listing Removed — MiRealSource-MiMLS
• 2007-03-21 Listed $70,000 REALCOMP
• 2007-03-21 Listed $70,000 MiRealSource-MiMLS
• 2007-03-19 Sold (Public Records) $70,000 Public Records
• 2006-12-01 Sold (MLS) $70,000 MiRealSource-MiMLS
• 2006-10-02 Listing Removed — MiRealSource-MiMLS
• 2006-09-29 Listed $70,000 MiRealSource-MiMLS
• 1992-01-27 Sold (Public Records) $90,000 Public Records

Property tax history

-0.7%/yr

Latest (2025): $1,056 · -8.4% YoY. Source: county tax records.