5849 Jackson St · Taylor, MI 48180

$164,999

4 bd · 2.0 ba · 1,566 sqft · SingleFamily public records · 21 Days on market

Built 1939 5,227 sqft lot Est $196k · 16% 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 +25.7/30.0
• ARV discount +14.6/15.0
• DSCR +8.5/10.0
• 1% rule +6.3/10.0
• 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 to this beautifully updated 4-bedroom home offering space, and style! Featuring a convenient first-floor bedroom plus 3 additional bedrooms upstairs, this home offers a functional layout perfect for families, guests, or added flexibility. Since 2018, the property has seen extensive upgrades including updated kitchen cabinetry, renovated bathrooms, elegant marble flooring, and newer windows, creating a clean and modern feel throughout. With tasteful updates, generous living space, and move-in-ready condition, this vacant home is just waiting for its next family to make it their own. Priced at $179,000, this is a fantastic opportunity to own a beautifully improved home with immediate occupancy--schedule your showing today! all measurements approximate. BATVAI.

Key facts

• 5,227 sq ft lot
• Built 1939
• Listed 21 days

Property features AI

Exterior

• Home design: Colonial style; Single-family residence; Residential property
• Construction: Vinyl siding; Shingle roof; Built in 1939
• Exterior features: Public water

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating
• Interior features: 7 total rooms; Crawl space basement

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $-34 ($-402/yr) — negative.
• To cash-flow at today's rent, offer at most $159k (3.6% below list).
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $159k (3.6% below list) — sets the bar for cash-flow.
• Cap rate 9.2% 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; 8 comparable units currently listed for rent nearby; rentals leasing fast (median 10d 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 37% 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 $1k of loan paydown is wiped out by about $5k 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 21 days — a 2% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 24y ago; this cycle's ask has dropped $14k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $38k; list at $165k implies a 334% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1939 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $159,075 (3.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1939 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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: 1.13% ✓
• Cap rate: 9.15%
• Cash-on-cash: 10.21%
• DSCR: 1.45
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $195,750
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5894 Balfour Ave	0.27mi	4/2.0	1,464 (-6%)	2mo	$206,000	$141	75
5375 Mayfair St	0.27mi	3/1.0 (-1)	1,508 (-4%)	0mo	$170,000	$113	72
4833 Harding St	0.62mi	4/2.0	1,540 (-2%)	2mo	$315,000	$205	66
5416 Jackson St	0.20mi	3/1.5 (-1)	1,770 (+13%)	2mo	$221,450	$125	60
6345 Kolb Ave	0.53mi	3/1.5 (-1)	1,529 (-2%)	5mo	$267,500	$175	60
4641 Weddell St	0.53mi	3/2.0 (-1)	1,652 (+6%)	4mo	$125,000	$76	58
5315 Edgewood St	0.46mi	3/1.0 (-1)	1,651 (+5%)	4mo	$145,000	$88	57
4493 Culver St	0.72mi	3/1.0 (-1)	1,543 (-2%)	1mo	$187,000	$121	54
4433 Mayfair St	0.66mi	3/1.5 (-1)	1,475 (-6%)	1mo	$196,000	$133	52
4928 Culver St	0.56mi	3/2.0 (-1)	1,407 (-10%)	2mo	$205,000	$146	51
4994 Campbell St	0.66mi	3/1.0 (-1)	1,422 (-9%)	1mo	$167,000	$117	44
4701 Croissant St	0.71mi	3/1.0 (-1)	1,768 (+13%)	1mo	$180,000	$102	35

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: -14.8%
• Equity multiple: 0.46×
• Total profit: $-24,987
• Equity at exit: $24,602

10-year hold

• IRR: -2.3%
• Equity multiple: 0.83×
• Total profit: $-7,981
• Equity at exit: $14,266

Cash invested: $46,200 (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: $1,865 high
• Mortgage (P&I): −$865
• Tax from tax record: −$146 /mo · $1,755/yr
• Insurance: −$69
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$392
• Net cashflow: $-34

Break-even live

Break-even rent $1,907

Max offer price $159,075

Occupancy floor 97%

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4631 Ziegler St Dearborn Heights, MI	3.0	1.0	1050	$1,650	$1.57	43d	1	0.53mi
4565 Fleming St Dearborn Heights, MI	3.0	1.0	1200	$1,600	$1.33	10d	1	0.87mi
18535 Audette St Dearborn, MI	3.0	2.0	1957	$2,000	$1.02	1d	1	1.02mi
4934 McKinley St Dearborn Heights, MI	3.0	1.0	1051	$1,700	$1.62	1d	1	1.07mi
20728 Carlysle St Dearborn, MI	3.0	1.0	1087	$1,850	$1.70	1d	1	1.12mi
5503 Cranbrook St Dearborn Heights, MI	3.0	2.5	2143	$1,750	$0.82	17d	1	1.40mi
3620 Monroe St Dearborn, MI	3.0	2.0	1100	$1,800	$1.64	10d	1	1.41mi
15806 Meyer Ave Allen Park, MI	3.0	2.0	1100	$1,650	$1.50	1d	1	1.41mi

Listing history 28 events

1. 2026-06-13
   statusdays on market $164,999 Pending 21 DOM
2. 2026-06-09
   days on market $164,999 Active 18 DOM
3. 2026-06-08
   days on market $164,999 Active 17 DOM
4. 2026-06-07
   days on market $164,999 Active 16 DOM
5. 2026-06-04
   pricedays on market $164,999 Active 13 DOM
6. 2026-06-03
   days on market $169,000 Active 12 DOM
7. 2026-06-02
   days on market $169,000 Active 11 DOM
8. 2026-06-01
   days on market $169,000 Active 10 DOM
9. 2026-05-31
   days on market $169,000 Active 9 DOM
10. 2026-05-22
    listed $179,000 Active

    Show marketing remark (776 chars)

    Welcome to this beautifully updated 4-bedroom home offering space, and style! Featuring a convenient first-floor bedroom plus 3 additional bedrooms upstairs, this home offers a functional layout perfect for families, guests, or added flexibility. Since 2018, the property has seen extensive upgrades including updated kitchen cabinetry, renovated bathrooms, elegant marble flooring, and newer windows, creating a clean and modern feel throughout. With tasteful updates, generous living space, and move-in-ready condition, this vacant home is just waiting for its next family to make it their own. Priced at $179,000, this is a fantastic opportunity to own a beautifully improved home with immediate occupancy--schedule your showing today! all measurements approximate. BATVAI.

11. 2026-05-22
    listed $179,000 Active 776-char remark

    Show marketing remark (776 chars)

    Welcome to this beautifully updated 4-bedroom home offering space, and style! Featuring a convenient first-floor bedroom plus 3 additional bedrooms upstairs, this home offers a functional layout perfect for families, guests, or added flexibility. Since 2018, the property has seen extensive upgrades including updated kitchen cabinetry, renovated bathrooms, elegant marble flooring, and newer windows, creating a clean and modern feel throughout. With tasteful updates, generous living space, and move-in-ready condition, this vacant home is just waiting for its next family to make it their own. Priced at $179,000, this is a fantastic opportunity to own a beautifully improved home with immediate occupancy--schedule your showing today! all measurements approximate. BATVAI.

12. 2026-05-22
    listed $179,000 Active 776-char remark

    Show marketing remark (776 chars)

    Welcome to this beautifully updated 4-bedroom home offering space, and style! Featuring a convenient first-floor bedroom plus 3 additional bedrooms upstairs, this home offers a functional layout perfect for families, guests, or added flexibility. Since 2018, the property has seen extensive upgrades including updated kitchen cabinetry, renovated bathrooms, elegant marble flooring, and newer windows, creating a clean and modern feel throughout. With tasteful updates, generous living space, and move-in-ready condition, this vacant home is just waiting for its next family to make it their own. Priced at $179,000, this is a fantastic opportunity to own a beautifully improved home with immediate occupancy--schedule your showing today! all measurements approximate. BATVAI.

13. 2018-09-11
    soldstatus $38,000 Sold
14. 2018-09-11
    soldstatus $38,000 Closed
15. 2018-08-29
    status Pending
16. 2018-08-29
    status Pending
17. 2018-08-28
    price $44,900
18. 2018-08-27
    price $44,900
19. 2018-08-06
    listed $49,900 Active
20. 2018-08-06
    listed $49,900 Active
21. 2018-08-06
    soldstatus $22,500
22. 2002-06-18
    soldstatus $85,000
23. 2002-06-15
    historical
24. 2002-05-10
    soldstatus $85,000
25. 2002-03-25
    historical
26. 2002-02-17
    listed $89,900
27. 2002-02-15
    listed $89,900
28. 1997-07-10
    soldstatus $51,000

ⓘ 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: $1,755 · $146/mo
• Projected year-2 tax: $2,148 · $179/mo
• Expected delta: +$393/yr (+$33/mo · 22.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone AE · 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 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,380
• − Mortgage interest: −$9,243
• − Property taxes: −$1,755
• − Insurance: −$5,943
• − Repairs & maintenance: −$1,790
• − Management: −$1,790
• − Depreciation: −$4,800
• Taxable loss: −$2,943
• Est. tax savings @ 24.0%: +$706
• After-tax cash flow: $304/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

+251.0% since first listed

19 events — show timeline

• 2026-05-22 Listed $179,000 REALCOMP
• 2026-05-22 Listed $179,000 MiRealSource-MiMLS
• 2026-05-22 Listed $179,000 SW Michigan MLS
• 2018-09-11 Sold (MLS) $38,000 MiRealSource-MiMLS
• 2018-09-11 Sold (MLS) $38,000 REALCOMP
• 2018-08-29 Pending — MiRealSource-MiMLS
• 2018-08-29 Pending — REALCOMP
• 2018-08-28 Price Changed $44,900 MiRealSource-MiMLS
• 2018-08-27 Price Changed $44,900 REALCOMP
• 2018-08-06 Sold (Public Records) $22,500 Public Records
• 2018-08-06 Listed $49,900 MiRealSource-MiMLS
• 2018-08-06 Listed $49,900 REALCOMP
• 2002-06-18 Sold (Public Records) $85,000 Public Records
• 2002-06-15 Listing Removed — MiRealSource-MiMLS
• 2002-05-10 Sold (MLS) $85,000 MiRealSource-MiMLS
• 2002-03-25 Listing Removed — MiRealSource-MiMLS
• 2002-02-17 Listed $89,900 MiRealSource-MiMLS
• 2002-02-15 Listed $89,900 MiRealSource-MiMLS
• 1997-07-10 Sold (Public Records) $51,000 Public Records

Property tax history

-2.2%/yr

Latest (2025): $1,755 · -35.2% YoY. Source: county tax records.