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24602 Graham Rd
D Composite 44.08
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 +15.5/30.0
  • ARV discount +9.6/15.0
  • DSCR +4.8/10.0
  • Livability +3.7/5.0
  • 1% rule +3.3/10.0
  • Rent growth +3.3/5.0
  • Condition / age +2.5/5.0
  • Schools +1.4/10.0
  • Appreciation +0.0/10.0

$220,000

24602 Graham Rd · Detroit, MI 48239
4 bd · 2.0 ba · 1,662 sqft · SingleFamily public records · 5 Days on market
Built 1955 0.72 ac lot Est $231k · at est.

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

MULTIPLE OFFERS RECEIVED: OFFER DEADLINE, MONDAY (4/6) @ 6 PM. OFFERS WILL BE REVIEWED TUESDAY (4/7). EVERYONE WHO HAS SUBMITTED AN OFFER WILL BE CONTACTED ON TUESDAY ONCE THEY'VE BEEN PRESENTED & A DECISION HAS BEEN MADE. PLEASE: NO CALLS OR TEXTS ON SUNDAY, 4/5 AS WE WILL BE CELEBRATING EASTER WITH OUR FAMILY. Country living in the city! A one of a kind sanctuary to call home!!! Make memories with your family in this serene setting! This stunning Cape Cod home offers a large great room w/ a 12 Ft doorwall opening to a massive 37' x 14' deck overlooking . 72 acre private, wooded lot. Hardwood floors, an abundance of storage, a large master bedroom and the list goes on and on! Finished WALK-OUT basement w/ fireplace. Half bath in basement. Upper River Rouge runs through the back of the property. Close proximity to Western Golf & Country Club and Eliza Howell Park. 2019: New Wallside Windows & Doorwall; New Furnace in 2020. House needs a little TLC (price reflects this) but GREAT FAMILY HOME. All offers subject to Probate Court Approval.

Key facts

  • 0.72 acre lot
  • 2 garage spots
  • Built 1955

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath single-family listed at $220k.

Deal economics

  • At list price, monthly cash flow is $87 ($1k/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 $183k (16.6% below list).
  • Recommended offer: $183k (16.6% below list) — sets the bar for 1% rule.
  • Cap rate 6.8% vs local median 10.2% in Detroit — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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.
  • Redford Union Schools District No. 1 (suburban): math 8% / reading 23% proficiency, ranked #489 of 540 in MI (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+3.2%/yr); 188 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 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 ($71k/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 $2k of loan paydown is wiped out by about $7k 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

  • Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
  • 4 sale attempts since 13y 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 $104k; list at $220k implies a 111% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $183,443 (16.6% below list)

Questions for the listing agent

  1. Built in 1955 — 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. 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?
  6. 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.
  7. 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.
  8. 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
0.83%
Cap rate
6.77%
Cash-on-cash
1.70%
DSCR
1.08
GRM
10.0

CMA / ARV

ARV (on-the-fly)
$231,018
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
25256 Lyndon 0.60mi 3/2.0 (-1) 1,650 (-1%) 3mo $230,000 $139 63
15392 Dixie 0.23mi 4/1.0 1,440 (-13%) 1mo $120,000 $83 63
15034 Sumner 0.54mi 3/2.0 (-1) 1,696 (+2%) 6mo $195,000 $115 61
15028 Sumner 0.55mi 4/2.0 1,444 (-13%) 0mo $209,800 $145 52
14203 Fenton 0.62mi 3/3.0 (-1) 1,795 (+8%) 1mo $307,000 $171 48
14910 Aubrey 0.54mi 3/2.0 (-1) 1,450 (-13%) 2mo $225,000 $155 47
15711 Wormer 0.45mi 3/2.5 (-1) 1,508 (-9%) 14mo $230,000 $153 45
15882 Lennane 0.71mi 4/2.0 1,794 (+8%) 11mo $230,000 $128 45
15611 Leona Dr 0.50mi 3/2.0 (-1) 1,838 (+11%) 17mo $157,000 $85 40
15847 Knight 0.48mi 3/2.0 (-1) 1,452 (-13%) 14mo $295,000 $203 40
15867 Leona Dr 0.67mi 3/1.0 (-1) 1,567 (-6%) 15mo $110,000 $70 38
15911 Leona Dr 0.69mi 3/1.5 (-1) 1,867 (+12%) 10mo $217,000 $116 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 · 3.25% rent growth · sell at horizon

5-year hold
IRR
-13.4%
Equity multiple
0.52×
Total profit
$-29,692
Equity at exit
$32,803
10-year hold
IRR
-4.2%
Equity multiple
0.72×
Total profit
$-17,066
Equity at exit
$19,022

Cash invested: $61,600 (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.

ZIP-level market 48239

Rents YoY
3.2%
Active inventory
188
Price-to-rent
10.0×

Monthly cashflow live

Estimated rent
$1,834 high interval (Pro) →
Mortgage (P&I)
$1,154
Tax from tax record
$116 /mo · $1,398/yr
Insurance
$92
HOA
$0
Vacancy / Maint / Mgmt
$385
Net cashflow
$87

Break-even live

Break-even rent $1,724
Max offer price $220,000
Occupancy floor 90%

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
$55,000
Closing costs
$6,600
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 5 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
14256 Salem Redford, MI 3.0 1.5 1168 $1,675 $1.43 16d 1 0.57mi
16131 Dale St Detroit, MI 3.0 1.0 1100 $1,500 $1.36 17d 1 0.78mi
15552 Woodworth Redford, MI 4.0 2.0 1902 $1,895 $1.00 16d 1 1.01mi
14280 Bramell St Detroit, MI 3.0 1.0 1100 $1,500 $1.36 16d 1 1.04mi
16896 Salem St Detroit, MI 3.0 1.0 1150 $1,300 $1.13 43d 1 1.06mi

Listing history 13 events

  1. 2026-04-09
    status Pending
    Show marketing remark (1070 chars)

    MULTIPLE OFFERS RECEIVED: OFFER DEADLINE, MONDAY (4/6) @ 6 PM. OFFERS WILL BE REVIEWED TUESDAY (4/7). EVERYONE WHO HAS SUBMITTED AN OFFER WILL BE CONTACTED ON TUESDAY ONCE THEY'VE BEEN PRESENTED & A DECISION HAS BEEN MADE. PLEASE: NO CALLS OR TEXTS ON SUNDAY, 4/5 AS WE WILL BE CELEBRATING EASTER WITH OUR FAMILY. Country living in the city! A one of a kind sanctuary to call home!!! Make memories with your family in this serene setting! This stunning Cape Cod home offers a large great room w/ a 12 Ft doorwall opening to a massive 37' x 14' deck overlooking . 72 acre private, wooded lot. Hardwood floors, an abundance of storage, a large master bedroom and the list goes on and on! Finished WALK-OUT basement w/ fireplace. Half bath in basement. Upper River Rouge runs through the back of the property. Close proximity to Western Golf & Country Club and Eliza Howell Park. 2019: New Wallside Windows & Doorwall; New Furnace in 2020. House needs a little TLC (price reflects this) but GREAT FAMILY HOME. All offers subject to Probate Court Approval.

  2. 2026-04-09
    status Pending 1070-char remark
    Show marketing remark (1070 chars)

    MULTIPLE OFFERS RECEIVED: OFFER DEADLINE, MONDAY (4/6) @ 6 PM. OFFERS WILL BE REVIEWED TUESDAY (4/7). EVERYONE WHO HAS SUBMITTED AN OFFER WILL BE CONTACTED ON TUESDAY ONCE THEY'VE BEEN PRESENTED & A DECISION HAS BEEN MADE. PLEASE: NO CALLS OR TEXTS ON SUNDAY, 4/5 AS WE WILL BE CELEBRATING EASTER WITH OUR FAMILY. Country living in the city! A one of a kind sanctuary to call home!!! Make memories with your family in this serene setting! This stunning Cape Cod home offers a large great room w/ a 12 Ft doorwall opening to a massive 37' x 14' deck overlooking . 72 acre private, wooded lot. Hardwood floors, an abundance of storage, a large master bedroom and the list goes on and on! Finished WALK-OUT basement w/ fireplace. Half bath in basement. Upper River Rouge runs through the back of the property. Close proximity to Western Golf & Country Club and Eliza Howell Park. 2019: New Wallside Windows & Doorwall; New Furnace in 2020. House needs a little TLC (price reflects this) but GREAT FAMILY HOME. All offers subject to Probate Court Approval.

  3. 2026-04-04
    listed $220,000 Active
    Show marketing remark (1070 chars)

    MULTIPLE OFFERS RECEIVED: OFFER DEADLINE, MONDAY (4/6) @ 6 PM. OFFERS WILL BE REVIEWED TUESDAY (4/7). EVERYONE WHO HAS SUBMITTED AN OFFER WILL BE CONTACTED ON TUESDAY ONCE THEY'VE BEEN PRESENTED & A DECISION HAS BEEN MADE. PLEASE: NO CALLS OR TEXTS ON SUNDAY, 4/5 AS WE WILL BE CELEBRATING EASTER WITH OUR FAMILY. Country living in the city! A one of a kind sanctuary to call home!!! Make memories with your family in this serene setting! This stunning Cape Cod home offers a large great room w/ a 12 Ft doorwall opening to a massive 37' x 14' deck overlooking . 72 acre private, wooded lot. Hardwood floors, an abundance of storage, a large master bedroom and the list goes on and on! Finished WALK-OUT basement w/ fireplace. Half bath in basement. Upper River Rouge runs through the back of the property. Close proximity to Western Golf & Country Club and Eliza Howell Park. 2019: New Wallside Windows & Doorwall; New Furnace in 2020. House needs a little TLC (price reflects this) but GREAT FAMILY HOME. All offers subject to Probate Court Approval.

  4. 2026-04-04
    listed $220,000 Active 1070-char remark
    Show marketing remark (1070 chars)

    MULTIPLE OFFERS RECEIVED: OFFER DEADLINE, MONDAY (4/6) @ 6 PM. OFFERS WILL BE REVIEWED TUESDAY (4/7). EVERYONE WHO HAS SUBMITTED AN OFFER WILL BE CONTACTED ON TUESDAY ONCE THEY'VE BEEN PRESENTED & A DECISION HAS BEEN MADE. PLEASE: NO CALLS OR TEXTS ON SUNDAY, 4/5 AS WE WILL BE CELEBRATING EASTER WITH OUR FAMILY. Country living in the city! A one of a kind sanctuary to call home!!! Make memories with your family in this serene setting! This stunning Cape Cod home offers a large great room w/ a 12 Ft doorwall opening to a massive 37' x 14' deck overlooking . 72 acre private, wooded lot. Hardwood floors, an abundance of storage, a large master bedroom and the list goes on and on! Finished WALK-OUT basement w/ fireplace. Half bath in basement. Upper River Rouge runs through the back of the property. Close proximity to Western Golf & Country Club and Eliza Howell Park. 2019: New Wallside Windows & Doorwall; New Furnace in 2020. House needs a little TLC (price reflects this) but GREAT FAMILY HOME. All offers subject to Probate Court Approval.

  5. 2026-03-31
    historical $220,000 1070-char remark
    Show marketing remark (1070 chars)

    MULTIPLE OFFERS RECEIVED: OFFER DEADLINE, MONDAY (4/6) @ 6 PM. OFFERS WILL BE REVIEWED TUESDAY (4/7). EVERYONE WHO HAS SUBMITTED AN OFFER WILL BE CONTACTED ON TUESDAY ONCE THEY'VE BEEN PRESENTED & A DECISION HAS BEEN MADE. PLEASE: NO CALLS OR TEXTS ON SUNDAY, 4/5 AS WE WILL BE CELEBRATING EASTER WITH OUR FAMILY. Country living in the city! A one of a kind sanctuary to call home!!! Make memories with your family in this serene setting! This stunning Cape Cod home offers a large great room w/ a 12 Ft doorwall opening to a massive 37' x 14' deck overlooking . 72 acre private, wooded lot. Hardwood floors, an abundance of storage, a large master bedroom and the list goes on and on! Finished WALK-OUT basement w/ fireplace. Half bath in basement. Upper River Rouge runs through the back of the property. Close proximity to Western Golf & Country Club and Eliza Howell Park. 2019: New Wallside Windows & Doorwall; New Furnace in 2020. House needs a little TLC (price reflects this) but GREAT FAMILY HOME. All offers subject to Probate Court Approval.

  6. 2013-06-13
    soldstatus $104,500
  7. 2013-05-14
    soldstatus $104,500 478-char remark
    Show marketing remark (478 chars)

    "HIGHEST & BEST" DUE BY 3/28/13 AT 6:00 PM! Country In The City! Home Features Large Living Room W/ 12ft Doorwall Open To Deck Overlooking . 72 Acre Private Wooded Lot, Finished Walkout Basement W/ Living Area & Office/Den, Fireplace, Hardwood Floors, Newer Furnace, 2 Car Attached Garage, Generouse Storage, Large Master, & Much More! Close Proximity To Western Golf Club! 4 Bedrooms, 2.5 Baths, 3/4 Acre, Finished Walkout Bsmnt, ALL For Under $110k!

  8. 2013-05-14
    soldstatus $104,500
    Show marketing remark (478 chars)

    "HIGHEST & BEST" DUE BY 3/28/13 AT 6:00 PM! Country In The City! Home Features Large Living Room W/ 12ft Doorwall Open To Deck Overlooking . 72 Acre Private Wooded Lot, Finished Walkout Basement W/ Living Area & Office/Den, Fireplace, Hardwood Floors, Newer Furnace, 2 Car Attached Garage, Generouse Storage, Large Master, & Much More! Close Proximity To Western Golf Club! 4 Bedrooms, 2.5 Baths, 3/4 Acre, Finished Walkout Bsmnt, ALL For Under $110k!

  9. 2013-03-30
    historical 478-char remark
    Show marketing remark (478 chars)

    "HIGHEST & BEST" DUE BY 3/28/13 AT 6:00 PM! Country In The City! Home Features Large Living Room W/ 12ft Doorwall Open To Deck Overlooking . 72 Acre Private Wooded Lot, Finished Walkout Basement W/ Living Area & Office/Den, Fireplace, Hardwood Floors, Newer Furnace, 2 Car Attached Garage, Generouse Storage, Large Master, & Much More! Close Proximity To Western Golf Club! 4 Bedrooms, 2.5 Baths, 3/4 Acre, Finished Walkout Bsmnt, ALL For Under $110k!

  10. 2013-03-30
    historical
    Show marketing remark (478 chars)

    "HIGHEST & BEST" DUE BY 3/28/13 AT 6:00 PM! Country In The City! Home Features Large Living Room W/ 12ft Doorwall Open To Deck Overlooking . 72 Acre Private Wooded Lot, Finished Walkout Basement W/ Living Area & Office/Den, Fireplace, Hardwood Floors, Newer Furnace, 2 Car Attached Garage, Generouse Storage, Large Master, & Much More! Close Proximity To Western Golf Club! 4 Bedrooms, 2.5 Baths, 3/4 Acre, Finished Walkout Bsmnt, ALL For Under $110k!

  11. 2013-03-23
    listed $109,900 478-char remark
    Show marketing remark (478 chars)

    "HIGHEST & BEST" DUE BY 3/28/13 AT 6:00 PM! Country In The City! Home Features Large Living Room W/ 12ft Doorwall Open To Deck Overlooking . 72 Acre Private Wooded Lot, Finished Walkout Basement W/ Living Area & Office/Den, Fireplace, Hardwood Floors, Newer Furnace, 2 Car Attached Garage, Generouse Storage, Large Master, & Much More! Close Proximity To Western Golf Club! 4 Bedrooms, 2.5 Baths, 3/4 Acre, Finished Walkout Bsmnt, ALL For Under $110k!

  12. 2013-03-23
    listed $109,900
    Show marketing remark (478 chars)

    "HIGHEST & BEST" DUE BY 3/28/13 AT 6:00 PM! Country In The City! Home Features Large Living Room W/ 12ft Doorwall Open To Deck Overlooking . 72 Acre Private Wooded Lot, Finished Walkout Basement W/ Living Area & Office/Den, Fireplace, Hardwood Floors, Newer Furnace, 2 Car Attached Garage, Generouse Storage, Large Master, & Much More! Close Proximity To Western Golf Club! 4 Bedrooms, 2.5 Baths, 3/4 Acre, Finished Walkout Bsmnt, ALL For Under $110k!

  13. 1995-06-20
    soldstatus $120,500

ⓘ 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
$1,398 · $116/mo
Projected year-2 tax
$2,393 · $199/mo
Expected delta
+$995/yr (+$83/mo · 71.2%)

ⓘ 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 (shaded) · 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 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$22,013
− Mortgage interest
−$12,323
− Property taxes
−$1,398
− Insurance
−$1,100
− Repairs & maintenance
−$1,761
− Management
−$1,761
− Depreciation
−$6,400
Taxable loss
−$2,730
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$655
After-tax cash flow
$1,704/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
Redford Union Schools District No. 1
NCES district ID
2629460
Math proficiency
8% ▼ -6.00%
Reading proficiency
23% ▬ 0.00%
Median HH income
$49,778
Composite
14.1/100
National rank
#9460
State rank
#489 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

County
Wayne County · 1,562,939 people
City population
572,865
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
36,976
Household income
$71,151
Rent vs Own
21.1% rent · 78.9% own
Severe rent burden
1052.0

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 Black (58%)
Race & ethnicity
Black 58% White 34% Hispanic / Latino 4% Two or more races 4%
Common ancestry
Romanian 7% Slovak 2% Lithuanian 2%
Foreign-born
2% · Canada
Languages at home
96% English-only · Spanish 1% Other Indo-European 1% Arabic 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
▼ -202.97%
Current HPI
236.1136
Rent YoY
▲ 3.25%
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

Price history

+82.6% since first listed
13 events — show timeline
  • 2026-04-09 Pending REALCOMP
  • 2026-04-09 Pending MiRealSource-MiMLS
  • 2026-04-04 Listed $220,000 REALCOMP
  • 2026-04-04 Listed $220,000 MiRealSource-MiMLS
  • 2026-03-31 Coming Soon $220,000 MiRealSource-MiMLS
  • 2013-06-13 Sold (Public Records) $104,500 Public Records
  • 2013-05-14 Sold (MLS) $104,500 MiRealSource-MiMLS
  • 2013-05-14 Sold (MLS) $104,500 REALCOMP
  • 2013-03-30 Listing Removed MiRealSource-MiMLS
  • 2013-03-30 Listing Removed REALCOMP
  • 2013-03-23 Listed $109,900 MiRealSource-MiMLS
  • 2013-03-23 Listed $109,900 REALCOMP
  • 1995-06-20 Sold (Public Records) $120,500 Public Records

Property tax history

-5.1%/yr

Latest (2025): $1,398 · -58.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…