24602 Graham Rd · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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.
Questions for the listing agent
- Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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.
- 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.
- 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
- IRR
- -13.4%
- Equity multiple
- 0.52×
- Total profit
- $-29,692
- Equity at exit
- $32,803
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-04-09status 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.
-
2026-04-09status 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.
-
2026-04-04$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.
-
2026-04-04$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.
-
2026-03-31historical $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.
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2013-06-13soldstatus $104,500
-
2013-05-14soldstatus $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!
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2013-05-14soldstatus $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!
-
2013-03-30historical 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!
-
2013-03-30historical
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!
-
2013-03-23$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!
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2013-03-23$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!
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1995-06-20soldstatus $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
- 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
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
- 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 |
|---|---|---|
| Automotive Parts | 3 | $48B |
|
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| Automotive | 2 | $372B |
|
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
|
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| Healthcare / Medical Devices | 1 | $23B |
|
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| Automotive Technology | 1 | $20B |
|
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Price history
+82.6% since first listed13 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%/yrLatest (2025): $1,398 · -58.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…