1441 E Harry Ave · Hazel Park, MI 48030

$90,000

2 bd · 1.0 ba · 798 sqft · SingleFamily public records · 59 Days on market

Built 1951 5,227 sqft lot Est $143k · 37% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +4.0/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Schools +1.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 2-bedroom, 1-bath vinyl ranch offering easy single-level living in a quiet Hazel Park neighborhood. Bright living area with great natural light, spacious bedrooms, and an efficient layout. Low-maintenance exterior and manageable yard. Conveniently located near parks, shopping, dining, and major freeways. Perfect for first-time buyers, downsizers, or investors. House has tons of potential. Please note house is sold as is. .

Key facts

• Manageable yard
• Single-level living
• 5,227 sq ft lot

Tags

• SINGLE-LEVEL LIVING
• LOW-MAINTENANCE EXTERIOR
• MANAGEABLE YARD

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $445 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $87k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.2% vs local median 6.2% in Hazel Park — 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 81/100 on livability (#65 in MI, #1,385 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, schools D.
• Hazel Park School District (suburban): math 10% / reading 24% proficiency, ranked #490 of 540 in MI (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.9%/yr); 135 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 2.9% rent growth), your $25k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 59 days — a 3% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 23y ago; this cycle's ask has dropped $30k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $47k; list at $90k implies a 91% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $87,300 (3.0% below list)

Questions for the listing agent

1. It's been on market 59 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.59% ✓
• Cap rate: 12.23%
• Cash-on-cash: 21.21%
• DSCR: 1.94
• GRM: 5.3

CMA / ARV

• ARV (on-the-fly): $142,842
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1560 E Meyers Ave	0.16mi	2/1.0	805 (+1%)	4mo	$72,000	$89	88
1106 E Granet Ave	0.19mi	2/1.0	819 (+3%)	4mo	$172,000	$210	84
1706 E Pearl Ave	0.20mi	3/1.0 (+1)	728 (-9%)	3mo	$165,000	$227	68
2120 Pearl Ave	0.47mi	2/1.0	756 (-5%)	1mo	$113,000	$149	68
1032 E Maxlow Ave	0.35mi	2/1.5	867 (+9%)	1mo	$185,000	$213	67
720 E Granet Ave	0.39mi	2/1.0	891 (+12%)	3mo	$159,900	$179	60
23440 Couzens Ave	0.69mi	2/1.0	745 (-7%)	2mo	$110,000	$148	55
1474 E Milton Ave	0.45mi	2/1.0	682 (-14%)	2mo	$155,000	$227	53
23442 Melville Ave	0.71mi	2/1.0	729 (-9%)	0mo	$90,000	$123	52
23392 Cayuga Ave	0.67mi	2/1.0	875 (+10%)	1mo	$145,000	$166	52
21330 Caledonia Ave	0.49mi	3/1.5 (+1)	898 (+12%)	1mo	$175,000	$195	48
20747 Caledonia Ave	0.72mi	3/1.0 (+1)	909 (+14%)	2mo	$144,900	$159	37

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 · 2.9% rent growth · sell at horizon

5-year hold

• IRR: 13.6%
• Equity multiple: 1.54×
• Total profit: $13,705
• Equity at exit: $13,419

10-year hold

• IRR: 22.4%
• Equity multiple: 2.91×
• Total profit: $48,122
• Equity at exit: $7,782

Cash invested: $25,200 (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 48030

• Rents YoY: 2.9%
• Active inventory: 135
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,428 high
• Mortgage (P&I): −$472
• Tax from tax record: −$173 /mo · $2,077/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$300
• Net cashflow: $445

Break-even live

Break-even rent $864

Max offer price $90,000

Occupancy floor 64%

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: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Rent comps 32 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1731 E Pearl Ave Hazel Park, MI	3.0	1.0	844	$1,500	$1.78	20d	1	0.22mi
1326 E Evelyn Ave Unit 1032332P Hazel Park, MI	3.0	2.0	1097	$6,448	$5.88	2d	1	0.27mi
1621 E Evelyn Ave Hazel Park, MI	2.0	1.0	749	$1,295	$1.73	18d	1	0.28mi
1211 E Bernhard Ave Hazel Park, MI	2.0	1.0	721	$1,500	$2.08	24d	1	0.41mi
23077 Davey Ave Hazel Park, MI	3.0	1.0	933	$1,895	$2.03	24d	1	0.45mi
21516 Dequindre Rd Warren, MI	1.0–2.0	1.0	837	$1,375	$1.64	22d	1	0.48mi
1019 E Hayes Ave Unit 1032331P Hazel Park, MI	3.0	1.0	1033	$5,301	$5.13	2d	1	0.54mi
23115 Tawas Ave Hazel Park, MI	2.0	1.0	706	$1,375	$1.95	24d	1	0.59mi
23345 Tawas Ave Hazel Park, MI	3.0	1.0	1000	$1,550	$1.55	11d	1	0.67mi
2034 John B Ave Warren, MI	3.0	1.0	920	$1,261	$1.37	44d	1	0.70mi
407 E Hayes Ave Hazel Park, MI	3.0	1.0	1000	$1,750	$1.75	24d	1	0.75mi
27 E Milton Ave Hazel Park, MI	1.0	1.0	568	$1,050	$1.85	15d	1	0.79mi
21155 Warner Ave Warren, MI	2.0	1.0	756	$1,029	$1.36	24d	1	0.79mi
90 W Meyers Ave Hazel Park, MI	2.0	1.0	831	$1,800	$2.17	24d	1	0.79mi
1770 E Woodward Heights Blvd Hazel Park, MI	1.0–2.0	1.0	712	$1,400	$1.96	5d	1	0.84mi
1770 E Woodward Heights Blvd Unit E3 Hazel Park, MI	2.0	1.0	850	$1,300	$1.53	24d	1	0.84mi
1770 E Woodward Heights Blvd Unit C6 Hazel Park, MI	1.0	1.0	550	$1,100	$2.00	24d	1	0.84mi
1770 E Woodward Heights Blvd Unit C1 Hazel Park, MI	1.0	1.0	550	$1,350	$2.45	24d	1	0.84mi
1770 E Woodward Heights Blvd Hazel Park, MI	2.0	1.0	850	$1,525	$1.79	13d	1	0.84mi
23773 Hazelwood Ave Hazel Park, MI	2.0	1.0	671	$1,400	$2.09	13d	1	0.86mi
1771 E Woodward Heights Blvd #8 Hazel Park, MI	1.0	1.0	800	$990	$1.24	3d	1	0.87mi
2709 Capitol Ave Warren, MI	3.0	2.0	1056	$1,649	$1.56	44d	1	0.88mi
1045 E Woodward Heights Blvd Hazel Park, MI	1.0–2.0	1.0	715	$1,209	$1.69	24d	3	0.88mi
266 W Goulson Ave Hazel Park, MI	3.0	1.0	942	$1,600	$1.70	22d	1	0.89mi
155 W George Ave Hazel Park, MI	2.0	1.0	725	$1,000	$1.38	24d	1	1.01mi
2023 Ardmore Dr Ferndale, MI	2.0	1.0	771	$1,250	$1.62	24d	1	1.06mi
20255 Harned St Detroit, MI	3.0	1.0	1000	$1,374	$1.37	17d	1	1.16mi
1561 E Webster St Ferndale, MI	2.0	1.0	939	$1,600	$1.70	24d	1	1.16mi
3840 Bart Ave Warren, MI	3.0	1.0	1062	$1,350	$1.27	24d	1	1.28mi
3974 Berkshire Ave Warren, MI	1.0	1.0	900	$1,500	$1.67	3d	1	1.32mi
19703 Keating St Highland Park, MI	3.0	1.0	1000	$1,200	$1.20	17d	1	1.37mi
25151 Dequindre Rd Madison Heights, MI	3.0	2.0	1088	$1,279	$1.18	24d	1	1.42mi

Listing history 31 events

1. 2026-04-26
   status Pending 435-char remark

   Show marketing remark (435 chars)

   Charming 2-bedroom, 1-bath vinyl ranch offering easy single-level living in a quiet Hazel Park neighborhood. Bright living area with great natural light, spacious bedrooms, and an efficient layout. Low-maintenance exterior and manageable yard. Conveniently located near parks, shopping, dining, and major freeways. Perfect for first-time buyers, downsizers, or investors. House has tons of potential. Please note house is sold as is. .

2. 2026-04-26
   status Pending

   Show marketing remark (435 chars)

   Charming 2-bedroom, 1-bath vinyl ranch offering easy single-level living in a quiet Hazel Park neighborhood. Bright living area with great natural light, spacious bedrooms, and an efficient layout. Low-maintenance exterior and manageable yard. Conveniently located near parks, shopping, dining, and major freeways. Perfect for first-time buyers, downsizers, or investors. House has tons of potential. Please note house is sold as is. .

3. 2026-03-28
   price $90,000 435-char remark

   Show marketing remark (435 chars)

   Charming 2-bedroom, 1-bath vinyl ranch offering easy single-level living in a quiet Hazel Park neighborhood. Bright living area with great natural light, spacious bedrooms, and an efficient layout. Low-maintenance exterior and manageable yard. Conveniently located near parks, shopping, dining, and major freeways. Perfect for first-time buyers, downsizers, or investors. House has tons of potential. Please note house is sold as is. .

4. 2026-03-27
   price $90,000
5. 2026-02-23
   listed $120,000 Active 435-char remark

   Show marketing remark (435 chars)

   Charming 2-bedroom, 1-bath vinyl ranch offering easy single-level living in a quiet Hazel Park neighborhood. Bright living area with great natural light, spacious bedrooms, and an efficient layout. Low-maintenance exterior and manageable yard. Conveniently located near parks, shopping, dining, and major freeways. Perfect for first-time buyers, downsizers, or investors. House has tons of potential. Please note house is sold as is. .

6. 2026-02-23
   listed $120,000 Active

   Show marketing remark (435 chars)

   Charming 2-bedroom, 1-bath vinyl ranch offering easy single-level living in a quiet Hazel Park neighborhood. Bright living area with great natural light, spacious bedrooms, and an efficient layout. Low-maintenance exterior and manageable yard. Conveniently located near parks, shopping, dining, and major freeways. Perfect for first-time buyers, downsizers, or investors. House has tons of potential. Please note house is sold as is. .

7. 2015-07-29
   soldstatus $47,000
8. 2015-06-30
   soldstatus $47,000 Sold 167-char remark

   Show marketing remark (167 chars)

   Cute cozy home. Big fenced in yard. Natural wood burning stove to supplement energy efficient furnace, big money saver come winter. Perfect for first time home buyers.

9. 2015-06-30
   soldstatus $47,000

   Show marketing remark (167 chars)

   Cute cozy home. Big fenced in yard. Natural wood burning stove to supplement energy efficient furnace, big money saver come winter. Perfect for first time home buyers.

10. 2015-06-25
    historical 167-char remark

    Show marketing remark (167 chars)

    Cute cozy home. Big fenced in yard. Natural wood burning stove to supplement energy efficient furnace, big money saver come winter. Perfect for first time home buyers.

11. 2015-06-15
    historical
12. 2015-05-13
    price $53,000 167-char remark

    Show marketing remark (167 chars)

    Cute cozy home. Big fenced in yard. Natural wood burning stove to supplement energy efficient furnace, big money saver come winter. Perfect for first time home buyers.

13. 2015-04-13
    listed $55,000 Active 167-char remark

    Show marketing remark (167 chars)

    Cute cozy home. Big fenced in yard. Natural wood burning stove to supplement energy efficient furnace, big money saver come winter. Perfect for first time home buyers.

14. 2015-04-13
    listed $53,000

    Show marketing remark (167 chars)

    Cute cozy home. Big fenced in yard. Natural wood burning stove to supplement energy efficient furnace, big money saver come winter. Perfect for first time home buyers.

15. 2012-05-18
    soldstatus $13,200
16. 2012-05-18
    soldstatus $13,200
17. 2012-03-27
    historical
18. 2012-03-27
    historical
19. 2012-03-13
    listed $13,400
20. 2012-03-13
    listed $13,400
21. 2004-10-12
    soldstatus $83,000
22. 2004-08-30
    soldstatus $83,000
23. 2004-08-30
    soldstatus $83,000
24. 2004-08-18
    historical
25. 2004-06-07
    listed $79,900
26. 2004-06-07
    listed $79,900
27. 2004-01-26
    historical
28. 2003-11-13
    listed $88,888
29. 2003-11-12
    historical
30. 2003-07-10
    listed $88,888
31. 1980-12-01
    soldstatus $21,900

ⓘ 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: $2,077 · $173/mo
• Projected year-2 tax: $2,077 · $173/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 2/10 Low 7 d/yr ≥97°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,135
• − Mortgage interest: −$5,041
• − Property taxes: −$2,077
• − Insurance: −$450
• − Repairs & maintenance: −$1,371
• − Management: −$1,371
• − Depreciation: −$2,618
• Taxable income: $4,207
• Est. tax owed @ 24.0%: −$1,010
• After-tax cash flow: $4,336/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: Hazel Park School District
• NCES district ID: 2618030
• Math proficiency: 10% ▼ -2.00%
• Reading proficiency: 24% ▲ 1.00%
• Median HH income: $36,181
• Composite: 14.05/100
• National rank: #9466
• State rank: #490 of 540 in MI

Livability — Hazel Park

• Score: 81/100
• State rank: #65
• US rank: #1385

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hazel Park, MI
• County: Oakland County · 1,009,092 people
• City population: 14,963
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 14,963
• Household income: $67,073
• Rent vs Own: 33.9% rent · 66.1% own
• Severe rent burden: 432.0

Population outlook (Oakland County) Hauer SSP2

• Today (2025): 1,335,747 people
• By 2030: 1,375,100 · +2.9%
• By 2040: 1,435,385 · +7.5%
• By 2050: 1,469,250 · +10.0%
• By 2075: 1,531,946 · +14.7%
• By 2100: 1,450,485 · +8.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Two or more races 10% Black 10% Hispanic / Latino 6% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Romanian 11% Slovak 3% Lithuanian 2%
• Foreign-born: 5% · Canada
• Languages at home: 92% English-only · Spanish 5% Arabic 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Oakland

• 2024 margin: D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
• 2008→2024 swing: -3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
• All cycles: 2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -184.32%
• Current HPI: 285.5923
• Rent YoY: ▲ 2.90%
• 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

+311.0% since first listed

31 events — show timeline

• 2026-04-26 Pending — MiRealSource-MiMLS
• 2026-04-26 Pending — REALCOMP
• 2026-03-28 Price Changed $90,000 MiRealSource-MiMLS
• 2026-03-27 Price Changed $90,000 REALCOMP
• 2026-02-23 Listed $120,000 REALCOMP
• 2026-02-23 Listed $120,000 MiRealSource-MiMLS
• 2015-07-29 Sold (Public Records) $47,000 Public Records
• 2015-06-30 Sold (MLS) $47,000 MiRealSource-MiMLS
• 2015-06-30 Sold (MLS) $47,000 REALCOMP
• 2015-06-25 Listing Removed — REALCOMP
• 2015-06-15 Listing Removed — MiRealSource-MiMLS
• 2015-05-13 Price Changed $53,000 REALCOMP
• 2015-04-13 Listed $55,000 REALCOMP
• 2015-04-13 Listed $53,000 MiRealSource-MiMLS
• 2012-05-18 Sold (MLS) $13,200 REALCOMP
• 2012-05-18 Sold (MLS) $13,200 MiRealSource-MiMLS
• 2012-03-27 Listing Removed — REALCOMP
• 2012-03-27 Listing Removed — MiRealSource-MiMLS
• 2012-03-13 Listed $13,400 REALCOMP
• 2012-03-13 Listed $13,400 MiRealSource-MiMLS
• 2004-10-12 Sold (Public Records) $83,000 Public Records
• 2004-08-30 Sold (MLS) $83,000 MiRealSource-MiMLS
• 2004-08-30 Sold (MLS) $83,000 REALCOMP
• 2004-08-18 Listing Removed — MiRealSource-MiMLS
• 2004-06-07 Listed $79,900 MiRealSource-MiMLS
• 2004-06-07 Listed $79,900 REALCOMP
• 2004-01-26 Listing Removed — REALCOMP
• 2003-11-13 Listed $88,888 REALCOMP
• 2003-11-12 Listing Removed — REALCOMP
• 2003-07-10 Listed $88,888 REALCOMP
• 1980-12-01 Sold (Public Records) $21,900 Public Records

Property tax history

+6.7%/yr

Latest (2025): $2,077 · +2.1% YoY. Source: county tax records.