26573 Somerset Dr · Inkster, MI 48141

$155,000

3 bd · 1.0 ba · 966 sqft · SingleFamily public records · 74 Days on market

Built 1952 5,663 sqft lot $160/sqft · 88% above area Est $147k · 5% over

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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 +20.3/30.0
• DSCR +6.4/10.0
• ARV discount +5.1/15.0
• 1% rule +4.6/10.0
• Livability +3.4/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming, well-maintained all-brick home featuring 3 bedrooms and 2 full bathrooms. Relax on the inviting covered front porch and enjoy a bright interior with recessed lighting and numerous ceiling fans throughout. The updated bathroom showcases elegant marble flooring and a luxurious whirlpool jetted tub. Beautiful hardwood floors run throughout the main living areas. The open and airy kitchen comes fully equipped with all appliances, making it perfect for everyday living and entertaining. The tastefully finished basement offers additional living space, complete with a full bathroom with shower, glass block windows, and a dedicated laundry area with washer and dryer - ideal for gatherings or recreation. Conveniently located near parks, shopping, schools, and expressways. Don't miss the opportunity to make this special home yours today! The C of O is complete!

Key facts

• Covered front porch
• Marble flooring
• Whirlpool jetted tub

Tags

• COVERED FRONT PORCH
• UPDATED BATHROOM
• MARBLE FLOORING
• WHIRLPOOL JETTED TUB
• HARDWOOD FLOORS
• OPEN KITCHEN

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $199 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $148k (4.2% below list).
• Recommended offer: $146k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 67/100 on livability (#406 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D, schools F, crime F.
• Wayne-Westland Community School District (suburban): math 11% / reading 27% proficiency, ranked #474 of 540 in MI (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising (+3.0%/yr); 146 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals leasing fast (median 0d on market — plan ~1-2 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 $1,485/mo this rent would consume 45% of the median local household income ($39k/yr) (locally 1558% 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 $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 74 days — a 6% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 27y ago; this cycle's ask has dropped $13k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $70k; list at $155k implies a 121% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $145,700 (6.0% below list)

Questions for the listing agent

1. It's been on market 74 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1952 — 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. 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?
8. 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.
9. 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.
10. 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: 0.96% ✗
• Cap rate: 7.83%
• Cash-on-cash: 5.50%
• DSCR: 1.24
• GRM: 8.7

CMA / ARV

• ARV (median comp): $147,108
• List price: $155,000
• Delta: 5.36%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
26476 Stollman Dr	0.11mi	3/1.0	942 (-2%)	8mo	$120,000	$127	84
291 Arlington St	0.28mi	3/1.0	966 (0%)	4mo	$139,000	$144	83
212 Shadowlawn St	0.22mi	3/1.0	1,000 (+4%)	6mo	$145,000	$145	78
112 Brentwood St	0.35mi	3/1.0	994 (+3%)	1mo	$164,000	$165	78
363 Sherbourne St	0.47mi	3/1.5	1,030 (+7%)	2mo	$160,000	$155	64
1088 Arlington St	0.30mi	3/1.0	1,076 (+11%)	4mo	$137,500	$128	64
622 Tromley St	0.69mi	3/1.0	960 (-1%)	6mo	$130,000	$135	62
26280 W Hills Dr	0.68mi	3/1.0	930 (-4%)	6mo	$87,000	$94	57
26628 Oakland St	0.74mi	3/1.0	921 (-5%)	6mo	$111,610	$121	53
26620 Oakland St	0.74mi	3/1.0	1,015 (+5%)	7mo	$95,000	$94	51
26723 W Hills Dr	0.75mi	3/1.5	890 (-8%)	3mo	$110,000	$124	47
226 Belton St	0.75mi	3/1.5	1,104 (+14%)	8mo	$200,000	$181	32

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 · 2.95% rent growth · sell at horizon

5-year hold

• IRR: -7.9%
• Equity multiple: 0.71×
• Total profit: $-12,565
• Equity at exit: $23,111

10-year hold

• IRR: 1.6%
• Equity multiple: 1.11×
• Total profit: $4,909
• Equity at exit: $13,402

Cash invested: $43,400 (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 48141

• Home prices YoY: -2.9%
• Rents YoY: 3.0%
• Active inventory: 146
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,485 high
• Mortgage (P&I): −$813
• Tax from tax record: −$97 /mo · $1,162/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$312
• Net cashflow: $199

Break-even live

Break-even rent $1,233

Max offer price $155,000

Occupancy floor 82%

Sensitivity live

Price	-10% $287	-5% $243	+0% $199	+5% $155	+10% $111
Rent	-10% $82	-5% $140	+0% $199	+5% $257	+10% $316
Rate	-1.0pp $277	-0.5pp $238	base $199	+0.5pp $159	+1.0pp $118

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
26322 Westphal St Dearborn Heights, MI	1.0–2.0	1.0	762	$1,455	$1.91	0d	25	0.32mi
167 Cherry Valley Dr Inkster, MI	1.0–2.0	1.0	784	$1,395	$1.78	16d	12	0.33mi
572 Tobin Dr Inkster, MI	1.0–3.0	1.0–2.0	936	$1,600	$1.71	0d	23	0.40mi
238 Yorkshire Blvd Dearborn Heights, MI	1.0–2.0	1.0	741	$1,424	$1.92	0d	15	0.54mi
27184 Lucerne Dr Inkster, MI	3.0	1.0	1100	$1,250	$1.14	44d	1	0.58mi
1189 Woodland Dr Inkster, MI	3.0	1.0	994	$1,400	$1.41	0d	1	0.97mi
1150 Magnolia Dr Inkster, MI	3.0	1.0	900	$1,300	$1.44	25d	1	1.05mi
24720 Michigan Ave Dearborn, MI	2.0	1.0	900	$1,350	$1.50	44d	1	1.26mi
25745 Princeton St Dearborn Heights, MI	3.0	1.0	1080	$1,500	$1.39	12d	1	1.34mi
1713 Gilman St Garden City, MI	3.0	1.0	860	$1,600	$1.86	0d	1	1.40mi
5722 Centralia St Dearborn Heights, MI	3.0	1.0	999	$1,750	$1.75	0d	1	1.42mi

Listing history 14 events

1. 2026-05-19
   price $159,500 872-char remark

   Show marketing remark (885 chars)

   Charming, well-maintained all-brick home featuring 3 bedrooms and 2 full bathrooms. Relax on the inviting covered front porch and enjoy a bright interior with recessed lighting and numerous ceiling fans throughout. The updated bathroom showcases elegant marble flooring and a luxurious whirlpool jetted tub. Beautiful hardwood floors run throughout the main living areas. The open and airy kitchen comes fully equipped with all appliances, making it perfect for everyday living and entertaining. The tastefully finished basement offers additional living space, complete with a full bathroom with shower, glass block windows, and a dedicated laundry area with washer and dryer—ideal for gatherings or recreation. Conveniently located near parks, shopping, schools, and expressways. Don’t miss the opportunity to make this special home yours today! The C of O is complete!

2. 2026-05-19
   price $159,500 885-char remark

   Show marketing remark (885 chars)

   Charming, well-maintained all-brick home featuring 3 bedrooms and 2 full bathrooms. Relax on the inviting covered front porch and enjoy a bright interior with recessed lighting and numerous ceiling fans throughout. The updated bathroom showcases elegant marble flooring and a luxurious whirlpool jetted tub. Beautiful hardwood floors run throughout the main living areas. The open and airy kitchen comes fully equipped with all appliances, making it perfect for everyday living and entertaining. The tastefully finished basement offers additional living space, complete with a full bathroom with shower, glass block windows, and a dedicated laundry area with washer and dryer—ideal for gatherings or recreation. Conveniently located near parks, shopping, schools, and expressways. Don’t miss the opportunity to make this special home yours today! The C of O is complete!

3. 2026-04-27
   status Active 885-char remark

   Show marketing remark (885 chars)

   Charming, well-maintained all-brick home featuring 3 bedrooms and 2 full bathrooms. Relax on the inviting covered front porch and enjoy a bright interior with recessed lighting and numerous ceiling fans throughout. The updated bathroom showcases elegant marble flooring and a luxurious whirlpool jetted tub. Beautiful hardwood floors run throughout the main living areas. The open and airy kitchen comes fully equipped with all appliances, making it perfect for everyday living and entertaining. The tastefully finished basement offers additional living space, complete with a full bathroom with shower, glass block windows, and a dedicated laundry area with washer and dryer—ideal for gatherings or recreation. Conveniently located near parks, shopping, schools, and expressways. Don’t miss the opportunity to make this special home yours today! The C of O is complete!

4. 2026-04-27
   historical 885-char remark

   Show marketing remark (885 chars)

   Charming, well-maintained all-brick home featuring 3 bedrooms and 2 full bathrooms. Relax on the inviting covered front porch and enjoy a bright interior with recessed lighting and numerous ceiling fans throughout. The updated bathroom showcases elegant marble flooring and a luxurious whirlpool jetted tub. Beautiful hardwood floors run throughout the main living areas. The open and airy kitchen comes fully equipped with all appliances, making it perfect for everyday living and entertaining. The tastefully finished basement offers additional living space, complete with a full bathroom with shower, glass block windows, and a dedicated laundry area with washer and dryer—ideal for gatherings or recreation. Conveniently located near parks, shopping, schools, and expressways. Don’t miss the opportunity to make this special home yours today! The C of O is complete!

5. 2026-04-15
   price $163,000 872-char remark

   Show marketing remark (885 chars)

   Charming, well-maintained all-brick home featuring 3 bedrooms and 2 full bathrooms. Relax on the inviting covered front porch and enjoy a bright interior with recessed lighting and numerous ceiling fans throughout. The updated bathroom showcases elegant marble flooring and a luxurious whirlpool jetted tub. Beautiful hardwood floors run throughout the main living areas. The open and airy kitchen comes fully equipped with all appliances, making it perfect for everyday living and entertaining. The tastefully finished basement offers additional living space, complete with a full bathroom with shower, glass block windows, and a dedicated laundry area with washer and dryer—ideal for gatherings or recreation. Conveniently located near parks, shopping, schools, and expressways. Don’t miss the opportunity to make this special home yours today! The C of O is complete!

6. 2026-04-15
   price $163,000 885-char remark

   Show marketing remark (885 chars)

   Charming, well-maintained all-brick home featuring 3 bedrooms and 2 full bathrooms. Relax on the inviting covered front porch and enjoy a bright interior with recessed lighting and numerous ceiling fans throughout. The updated bathroom showcases elegant marble flooring and a luxurious whirlpool jetted tub. Beautiful hardwood floors run throughout the main living areas. The open and airy kitchen comes fully equipped with all appliances, making it perfect for everyday living and entertaining. The tastefully finished basement offers additional living space, complete with a full bathroom with shower, glass block windows, and a dedicated laundry area with washer and dryer—ideal for gatherings or recreation. Conveniently located near parks, shopping, schools, and expressways. Don’t miss the opportunity to make this special home yours today! The C of O is complete!

7. 2026-03-16
   listed $168,000 Active 885-char remark

   Show marketing remark (872 chars)

   Charming, well-maintained all-brick home featuring 3 bedrooms and 2 full bathrooms. Relax on the inviting covered front porch and enjoy a bright interior with recessed lighting and numerous ceiling fans throughout. The updated bathroom showcases elegant marble flooring and a luxurious whirlpool jetted tub. Beautiful hardwood floors run throughout the main living areas. The open and airy kitchen comes fully equipped with all appliances, making it perfect for everyday living and entertaining. The tastefully finished basement offers additional living space, complete with a full bathroom with shower, glass block windows, and a dedicated laundry area with washer and dryer - ideal for gatherings or recreation. Conveniently located near parks, shopping, schools, and expressways. Don't miss the opportunity to make this special home yours today! The C of O is complete!

8. 2026-03-16
   listed $168,000 Active 872-char remark

   Show marketing remark (872 chars)

   Charming, well-maintained all-brick home featuring 3 bedrooms and 2 full bathrooms. Relax on the inviting covered front porch and enjoy a bright interior with recessed lighting and numerous ceiling fans throughout. The updated bathroom showcases elegant marble flooring and a luxurious whirlpool jetted tub. Beautiful hardwood floors run throughout the main living areas. The open and airy kitchen comes fully equipped with all appliances, making it perfect for everyday living and entertaining. The tastefully finished basement offers additional living space, complete with a full bathroom with shower, glass block windows, and a dedicated laundry area with washer and dryer - ideal for gatherings or recreation. Conveniently located near parks, shopping, schools, and expressways. Don't miss the opportunity to make this special home yours today! The C of O is complete!

9. 1999-12-13
   soldstatus $70,000
10. 1999-12-13
    soldstatus $70,000
11. 1999-08-14
    listed $70,000
12. 1999-08-14
    listed $70,000
13. 1997-11-11
    soldstatus $54,359
14. 1992-06-30
    soldstatus $54,000

ⓘ 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: $1,162 · $97/mo
• Projected year-2 tax: $1,775 · $148/mo
• Expected delta: +$612/yr (+$51/mo · 52.7%)

ⓘ 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 ≥98°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,820
• − Mortgage interest: −$8,682
• − Property taxes: −$1,162
• − Insurance: −$775
• − Repairs & maintenance: −$1,426
• − Management: −$1,426
• − Depreciation: −$4,509
• Taxable loss: −$160
• Est. tax savings @ 24.0%: +$39
• After-tax cash flow: $2,425/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: Wayne-Westland Community School District
• NCES district ID: 2600015
• Math proficiency: 11% ▼ -6.00%
• Reading proficiency: 27% ▼ -2.00%
• Median HH income: $43,524
• Composite: 16.4/100
• National rank: #9195
• State rank: #474 of 540 in MI

Livability — Inkster

• Score: 67/100
• State rank: #406
• US rank: #11087

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Inkster, MI
• County: Wayne County · 1,562,939 people
• City population: 25,428
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 25,428
• Household income: $39,252
• Rent vs Own: 53.2% rent · 46.8% own
• Severe rent burden: 1558.0

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 (72%)
• Race & ethnicity: Black 72% White 17% Two or more races 7% Hispanic / Latino 2% Asian 1%
• Common ancestry: Romanian 3% Slovak 1% Italian 1%
• Foreign-born: 5% · Canada, China
• Languages at home: 92% English-only · Arabic 3% Other Asian/Pacific 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: ▼ -11.74%
• Current HPI: 390.2139
• Rent YoY: ▲ 2.95%
• 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

+195.4% since first listed

14 events — show timeline

• 2026-05-19 Price Changed $159,500 MiRealSource-MiMLS
• 2026-05-19 Price Changed $159,500 REALCOMP
• 2026-04-27 Relisted — REALCOMP
• 2026-04-27 Listing Removed — REALCOMP
• 2026-04-15 Price Changed $163,000 MiRealSource-MiMLS
• 2026-04-15 Price Changed $163,000 REALCOMP
• 2026-03-16 Listed $168,000 REALCOMP
• 2026-03-16 Listed $168,000 MiRealSource-MiMLS
• 1999-12-13 Sold (MLS) $70,000 REALCOMP
• 1999-12-13 Sold (MLS) $70,000 MiRealSource-MiMLS
• 1999-08-14 Listed $70,000 REALCOMP
• 1999-08-14 Listed $70,000 MiRealSource-MiMLS
• 1997-11-11 Sold (Public Records) $54,359 Public Records
• 1992-06-30 Sold (Public Records) $54,000 Public Records

Property tax history

-5.3%/yr

Latest (2025): $1,162 · -19.1% YoY. Source: county tax records.