8339 Birch St · Taylor, MI 48180

$140,000

3 bd · 1.0 ba · 994 sqft · SingleFamily public records · 17 Days on market

Built 1954 5,663 sqft lot Est $182k · 23% under

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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 +20.0/30.0
• ARV discount +15.0/15.0
• DSCR +6.4/10.0
• 1% rule +6.2/10.0
• Livability +3.8/5.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home! This charming 3-bedroom, 1-bath property is the perfect opportunity for first-time buyers or anyone looking for a truly move-in-ready home. Enjoy peace of mind with brand new major updates, including a water tank, furnace, and central air conditioner - big-ticket items already taken care of for you! Located in a great neighborhood, this home offers convenience and comfort, just minutes from schools, shopping, and everyday essentials. Even better, the seller is providing the Certificate of Occupancy. Whether you're starting your homeownership journey or looking to settle into a well-maintained space, this home checks all the boxes. Clean, updated, and ready for you to move right in - homes like this don't last long. Schedule your showing today before it's gone!

Key facts

• 5,663 sq ft lot
• Built 1954
• Listed 17 days

Property features AI

Exterior

• Parking: No garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One story; Ground-level entry with steps; Vinyl siding exterior
• Construction: Slab foundation
• Exterior features: Paved road access; Lot dimensions approximately 40 x 144.88 feet; Lot size about 0.13 acres

Interior

• Bathrooms: One full bathroom
• Heating & cooling: Central air conditioning; Forced air heating (natural gas)
• Interior features: Six total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $173 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $138k (1.5% below list) — sets the bar for market timing.
• Cap rate 7.8% vs local median 5.4% in Taylor — 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 76/100 on livability (#144 in MI, #3,684 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, schools F, crime F.
• Taylor School District (urban): math 14% / reading 27% proficiency, ranked #462 of 540 in MI (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.9%/yr); 281 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 31% of the median local income ($61k/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 $968 of loan paydown is wiped out by about $4k 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 17 days — a 2% lower offer ($138k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 18y 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 $115k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $137,900 (1.5% below list)

Questions for the listing agent

1. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.12% ✓
• Cap rate: 7.78%
• Cash-on-cash: 5.29%
• DSCR: 1.24
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $181,902
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8339 Birch St	0.00mi	3/1.0	994 (0%)	1mo	$142,000	$143	99
23628 Champaign St	0.26mi	3/1.0	949 (-4%)	4mo	$174,000	$183	77
8248 Birch St	0.07mi	3/1.0	1,123 (+13%)	0mo	$181,900	$162	75
23760 Mary St	0.39mi	4/1.0 (+1)	990 (-0%)	2mo	$240,000	$242	74
8003 Roosevelt St	0.56mi	3/1.0	1,029 (+4%)	1mo	$195,000	$190	68
24128 Wick Rd	0.66mi	3/1.0	1,005 (+1%)	0mo	$179,900	$179	67
9255 Syracuse St	0.50mi	3/1.0	1,036 (+4%)	4mo	$169,000	$163	66
8019 Roosevelt St	0.55mi	3/1.0	957 (-4%)	3mo	$175,100	$183	66
9360 Pine St	0.55mi	3/1.0	1,036 (+4%)	2mo	$140,000	$135	65
22324 Wohlfeil St	0.36mi	2/2.0 (-1)	948 (-5%)	5mo	$190,000	$200	63
7140 Elm St	0.57mi	3/1.0	851 (-14%)	3mo	$165,000	$194	46
7166 Pardee Rd	0.55mi	2/1.0 (-1)	850 (-14%)	1mo	$73,000	$86	45

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 · 4.9% rent growth · sell at horizon

5-year hold

• IRR: -5.7%
• Equity multiple: 0.78×
• Total profit: $-8,536
• Equity at exit: $20,874

10-year hold

• IRR: 6.3%
• Equity multiple: 1.51×
• Total profit: $20,115
• Equity at exit: $12,105

Cash invested: $39,200 (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 48180

• Rents YoY: 4.9%
• Active inventory: 281
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,568 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$273 /mo · $3,277/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$329
• Net cashflow: $173

Break-even live

Break-even rent $1,349

Max offer price $140,000

Occupancy floor 84%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7873 Syracuse St Taylor, MI	2.0	1.0	728	$1,400	$1.92	43d	1	0.39mi
24268 Haskell St Taylor, MI	1.0–2.0	1.0	880	$1,565	$1.78	1d	8	0.62mi
9620 Elm St Taylor, MI	2.0	1.0	800	$1,470	$1.84	1d	3	0.69mi
23060 Bernard St Taylor, MI	2.0	1.0	836	$1,400	$1.67	1d	1	1.22mi

Listing history 23 events

1. 2026-04-26
   status Pending 784-char remark

   Show marketing remark (784 chars)

   Welcome home! This charming 3-bedroom, 1-bath property is the perfect opportunity for first-time buyers or anyone looking for a truly move-in-ready home. Enjoy peace of mind with brand new major updates, including a water tank, furnace, and central air conditioner - big-ticket items already taken care of for you! Located in a great neighborhood, this home offers convenience and comfort, just minutes from schools, shopping, and everyday essentials. Even better, the seller is providing the Certificate of Occupancy. Whether you're starting your homeownership journey or looking to settle into a well-maintained space, this home checks all the boxes. Clean, updated, and ready for you to move right in - homes like this don't last long. Schedule your showing today before it's gone!

2. 2026-04-26
   status Pending

   Show marketing remark (784 chars)

   Welcome home! This charming 3-bedroom, 1-bath property is the perfect opportunity for first-time buyers or anyone looking for a truly move-in-ready home. Enjoy peace of mind with brand new major updates, including a water tank, furnace, and central air conditioner - big-ticket items already taken care of for you! Located in a great neighborhood, this home offers convenience and comfort, just minutes from schools, shopping, and everyday essentials. Even better, the seller is providing the Certificate of Occupancy. Whether you're starting your homeownership journey or looking to settle into a well-maintained space, this home checks all the boxes. Clean, updated, and ready for you to move right in - homes like this don't last long. Schedule your showing today before it's gone!

3. 2026-04-10
   listed $140,000 Active

   Show marketing remark (784 chars)

   Welcome home! This charming 3-bedroom, 1-bath property is the perfect opportunity for first-time buyers or anyone looking for a truly move-in-ready home. Enjoy peace of mind with brand new major updates, including a water tank, furnace, and central air conditioner - big-ticket items already taken care of for you! Located in a great neighborhood, this home offers convenience and comfort, just minutes from schools, shopping, and everyday essentials. Even better, the seller is providing the Certificate of Occupancy. Whether you're starting your homeownership journey or looking to settle into a well-maintained space, this home checks all the boxes. Clean, updated, and ready for you to move right in - homes like this don't last long. Schedule your showing today before it's gone!

4. 2026-04-10
   listed $140,000 Active 784-char remark

   Show marketing remark (784 chars)

   Welcome home! This charming 3-bedroom, 1-bath property is the perfect opportunity for first-time buyers or anyone looking for a truly move-in-ready home. Enjoy peace of mind with brand new major updates, including a water tank, furnace, and central air conditioner - big-ticket items already taken care of for you! Located in a great neighborhood, this home offers convenience and comfort, just minutes from schools, shopping, and everyday essentials. Even better, the seller is providing the Certificate of Occupancy. Whether you're starting your homeownership journey or looking to settle into a well-maintained space, this home checks all the boxes. Clean, updated, and ready for you to move right in - homes like this don't last long. Schedule your showing today before it's gone!

5. 2026-04-08
   historical $140,000 784-char remark

   Show marketing remark (784 chars)

   Welcome home! This charming 3-bedroom, 1-bath property is the perfect opportunity for first-time buyers or anyone looking for a truly move-in-ready home. Enjoy peace of mind with brand new major updates, including a water tank, furnace, and central air conditioner - big-ticket items already taken care of for you! Located in a great neighborhood, this home offers convenience and comfort, just minutes from schools, shopping, and everyday essentials. Even better, the seller is providing the Certificate of Occupancy. Whether you're starting your homeownership journey or looking to settle into a well-maintained space, this home checks all the boxes. Clean, updated, and ready for you to move right in - homes like this don't last long. Schedule your showing today before it's gone!

6. 2024-06-12
   soldstatus $115,000
7. 2024-05-24
   soldstatus $115,000 Sold 114-char remark

   Show marketing remark (114 chars)

   A great investment property or a starter home. A three-bedroom ranch with a family room. Home is being sold as-is.

8. 2024-05-24
   soldstatus $115,000 Closed

   Show marketing remark (114 chars)

   A great investment property or a starter home. A three-bedroom ranch with a family room. Home is being sold as-is.

9. 2024-04-23
   status Pending

   Show marketing remark (114 chars)

   A great investment property or a starter home. A three-bedroom ranch with a family room. Home is being sold as-is.

10. 2024-04-23
    status Pending 114-char remark

    Show marketing remark (114 chars)

    A great investment property or a starter home. A three-bedroom ranch with a family room. Home is being sold as-is.

11. 2024-04-15
    price $109,000

    Show marketing remark (114 chars)

    A great investment property or a starter home. A three-bedroom ranch with a family room. Home is being sold as-is.

12. 2024-04-15
    price $109,000 114-char remark

    Show marketing remark (114 chars)

    A great investment property or a starter home. A three-bedroom ranch with a family room. Home is being sold as-is.

13. 2024-04-12
    price $119,900

    Show marketing remark (114 chars)

    A great investment property or a starter home. A three-bedroom ranch with a family room. Home is being sold as-is.

14. 2024-04-12
    price $119,900 114-char remark

    Show marketing remark (114 chars)

    A great investment property or a starter home. A three-bedroom ranch with a family room. Home is being sold as-is.

15. 2024-04-10
    listed $125,000 Active

    Show marketing remark (114 chars)

    A great investment property or a starter home. A three-bedroom ranch with a family room. Home is being sold as-is.

16. 2024-04-10
    listed $125,000 Active 114-char remark

    Show marketing remark (114 chars)

    A great investment property or a starter home. A three-bedroom ranch with a family room. Home is being sold as-is.

17. 2024-04-04
    historical $125,000

    Show marketing remark (114 chars)

    A great investment property or a starter home. A three-bedroom ranch with a family room. Home is being sold as-is.

18. 2024-04-04
    historical $125,000 114-char remark

    Show marketing remark (114 chars)

    A great investment property or a starter home. A three-bedroom ranch with a family room. Home is being sold as-is.

19. 2009-10-23
    historical
20. 2009-07-30
    listed $50,000
21. 2008-12-02
    soldstatus $30,000
22. 2008-06-02
    listed $30,000
23. 1991-06-27
    soldstatus $35,900

ⓘ 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: $3,277 · $273/mo
• Projected year-2 tax: $3,277 · $273/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 ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,812
• − Mortgage interest: −$7,842
• − Property taxes: −$3,277
• − Insurance: −$700
• − Repairs & maintenance: −$1,505
• − Management: −$1,505
• − Depreciation: −$4,073
• Taxable loss: −$89
• Est. tax savings @ 24.0%: +$21
• After-tax cash flow: $2,096/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: Taylor School District
• NCES district ID: 2633540
• Math proficiency: 14% ▼ -7.00%
• Reading proficiency: 27% ▼ -4.00%
• Median HH income: $43,062
• Composite: 17.62/100
• National rank: #9034
• State rank: #462 of 540 in MI

Livability — Taylor

• Score: 76/100
• State rank: #144
• US rank: #3684

Category grades

Amenities B Commute A+ Cost of living A+ Crime F Employment D+ Housing A+ Health & safety B- User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Taylor, MI
• County: Wayne County · 1,562,939 people
• City population: 62,081
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 62,081
• Household income: $61,081
• Rent vs Own: 33.3% rent · 66.7% own
• Severe rent burden: 1957.0

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 White (65%)
• Race & ethnicity: White 65% Black 19% Two or more races 9% Hispanic / Latino 9% Asian 2%
• Hispanic origin (detail): Mexican 6% Puerto Rican 2%
• Common ancestry: Romanian 8% Lithuanian 3% Slovak 2%
• Foreign-born: 7% · Canada
• Languages at home: 89% English-only · Spanish 4% Arabic 3% Other Indo-European 3%

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: ▼ -212.33%
• Current HPI: 228.921
• Rent YoY: ▲ 4.90%
• 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

+290.0% since first listed

23 events — show timeline

• 2026-04-26 Pending — MiRealSource-MiMLS
• 2026-04-26 Pending — REALCOMP
• 2026-04-10 Listed $140,000 REALCOMP
• 2026-04-10 Listed $140,000 MiRealSource-MiMLS
• 2026-04-08 Coming Soon $140,000 MiRealSource-MiMLS
• 2024-06-12 Sold (Public Records) $115,000 Public Records
• 2024-05-24 Sold (MLS) $115,000 MiRealSource-MiMLS
• 2024-05-24 Sold (MLS) $115,000 REALCOMP
• 2024-04-23 Pending — MiRealSource-MiMLS
• 2024-04-23 Pending — REALCOMP
• 2024-04-15 Price Changed $109,000 MiRealSource-MiMLS
• 2024-04-15 Price Changed $109,000 REALCOMP
• 2024-04-12 Price Changed $119,900 MiRealSource-MiMLS
• 2024-04-12 Price Changed $119,900 REALCOMP
• 2024-04-10 Listed $125,000 MiRealSource-MiMLS
• 2024-04-10 Listed $125,000 REALCOMP
• 2024-04-04 Coming Soon $125,000 MiRealSource-MiMLS
• 2024-04-04 Coming Soon $125,000 REALCOMP
• 2009-10-23 Listing Removed — REALCOMP
• 2009-07-30 Listed $50,000 REALCOMP
• 2008-12-02 Sold (MLS) $30,000 REALCOMP
• 2008-06-02 Listed $30,000 REALCOMP
• 1991-06-27 Sold (Public Records) $35,900 Public Records

Property tax history

+3.6%/yr

Latest (2025): $3,277 · +38.3% YoY. Source: county tax records.