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4790 Sturtevant St
A- Composite 84.96
Why this score? — see what drove the A- 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
  • Appreciation +10.0/10.0
  • Livability +3.7/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0

$64,900

4790 Sturtevant St · Detroit, MI 48204
3 bd · 1.5 ba · 1,645 sqft · SingleFamily public records · 98 Days on market
Built 1925 4,792 sqft lot $39/sqft · 45% below area Est $118k · 45% under ↓ 13% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit's historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.

Key facts

  • Natural fireplace
  • Large yard
  • Tree-lined street

Tags

BRICK COLONIALNATURAL FIREPLACESPACIOUS BASEMENTLARGE YARDTREE-LINED STREETLOCAL PARKS

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 3-bed/1.5-bath single-family listed at $65k.

Deal economics

  • At list price, monthly cash flow is $556 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $65k).
  • Recommended offer: $59k (9.0% below list) — sets the bar for market timing.
  • Cap rate 16.6% vs local median 10.0% in Detroit — 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 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.
  • Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 248 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • This rent runs 44% of the median local income ($34k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $7k of equity ($449 loan paydown + $6k appreciation (10.0% local appreciation)).
  • Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (10.0% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~2 years — after that, you're playing with house money.
  • By year 5, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 98 days — a 9% lower offer ($59k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $35k (35%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $59,059 (9.0% below list)

Questions for the listing agent

  1. It's been on market 98 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1925 — 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. 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
1.96%
Cap rate
16.57%
Cash-on-cash
36.69%
DSCR
2.63
GRM
4.3

CMA / ARV

ARV (median comp)
$117,670
List price
$64,900
Delta
-44.85%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
4790 Sturtevant St 0.00mi 3/1.0 1,645 (0%) 0mo $60,000 $36 98
12625 Monica St 0.29mi 3/1.5 1,600 (-3%) 2mo $48,000 $30 80
11717 Cascade St 0.34mi 3/1.0 1,536 (-7%) 2mo $81,000 $53 70
3765 Cortland St 0.51mi 3/1.5 1,587 (-4%) 2mo $120,000 $76 69
12066 Monica St 0.36mi 4/2.5 (+1) 1,632 (-1%) 8mo $35,000 $21 66
4255 Webb St 0.47mi 3/1.5 1,569 (-5%) 7mo $155,000 $99 65
13620 Santa Rosa Dr 0.56mi 3/1.0 1,700 (+3%) 7mo $85,000 $50 61
4210 Pasadena St 0.66mi 4/2.0 (+1) 1,678 (+2%) 4mo $239,000 $142 56
10155 Monica St 0.65mi 3/1.5 1,535 (-7%) 8mo $46,000 $30 52
13587 Monica St 0.56mi 3/1.0 1,484 (-10%) 5mo $130,000 $88 51
10163 Monica St 0.64mi 3/1.0 1,486 (-10%) 8mo $46,000 $31 45
3351 Tyler St 0.68mi 3/2.0 1,888 (+15%) 5mo $83,000 $44 38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
52.5%
Equity multiple
4.89×
Total profit
$70,757
Equity at exit
$58,467
10-year hold
IRR
46.1%
Equity multiple
10.94×
Total profit
$180,575
Equity at exit
$126,086

Cash invested: $18,172 (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 48204

Home prices YoY
18.5%
Active inventory
248
Price-to-rent
4.3×

Monthly cashflow live

Estimated rent
$1,271 high interval (Pro) →
Mortgage (P&I)
$340
Tax est. 1.5%
$81 /mo · $974/yr
Insurance
$27
HOA
$0
Vacancy / Maint / Mgmt
$267
Net cashflow
$556

Break-even live

Break-even rent $568
Max offer price $64,900
Occupancy floor 51%

Sensitivity live

Price -10% $601 -5% $578 +0% $556 +5% $533 +10% $511
Rent -10% $455 -5% $505 +0% $556 +5% $606 +10% $656
Rate -1.0pp $588 -0.5pp $572 base $556 +0.5pp $539 +1.0pp $522

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
$16,225
Closing costs
$1,947
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
12546 Broadstreet Ave Detroit, MI 3.0 1.5 1899 $1,250 $0.66 46d 1 0.10mi
12663 Stoepel St Detroit, MI 2.0 1.0 1100 $1,050 $0.95 23d 1 0.20mi
4341 Glendale St Detroit, MI 4.0 2.5 1832 $1,680 $0.92 6d 1 0.22mi
4336 Buena Vista St Detroit, MI 3.0 1.0 1300 $1,100 $0.85 45d 1 0.30mi
12123 Santa Rosa Dr Detroit, MI 2.0 1.0 1680 $1,000 $0.60 26d 1 0.32mi
11704 Broadstreet Ave Detroit, MI 3.0 1.0 1200 $1,050 $0.88 45d 1 0.36mi
4287 W Grand St Unit 4289 Detroit, MI 3.0 1.0 1250 $1,000 $0.80 45d 1 0.55mi
3740 Tyler St Unit 1 Detroit, MI 3.0 1.0 1300 $1,300 $1.00 6d 1 0.59mi
13620 Tuller St Detroit, MI 4.0 1.0 1064 $1,374 $1.29 14d 1 0.68mi
3812 W Grand St Detroit, MI 2.0 1.0 1100 $1,025 $0.93 18d 1 0.69mi
3322 Webb St Detroit, MI 3.0 1.0 1600 $1,250 $0.78 18d 1 0.73mi
3322 Webb St Unit 2 Detroit, MI 3.0 1.0 1656 $1,350 $0.82 45d 1 0.73mi
3322 Webb St Unit 1 Detroit, MI 3.0 1.0 1656 $1,350 $0.82 45d 1 0.73mi
3224 Monterey St Unit 2E Detroit, MI 2.0 1.0 1200 $1,350 $1.12 45d 1 0.74mi
12303 Cloverlawn St Detroit, MI 3.0 1.5 1454 $1,400 $0.96 45d 1 0.77mi
12703 Northlawn St Detroit, MI 2.0 1.0 1365 $1,053 $0.77 22d 1 0.83mi
3209 W Grand St Detroit, MI 3.0 1.0 1550 $1,103 $0.71 45d 1 0.89mi
3266 Calvert Ave Fl 2 Detroit, MI 3.0 1.0 1279 $1,300 $1.02 26d 1 0.92mi
3031 Lawrence St Detroit, MI 4.0 1.0 1700 $1,600 $0.94 18d 1 0.94mi
3226 Calvert Ave Detroit, MI 3.0 1.0 1100 $1,200 $1.09 14d 1 0.95mi
3224 Calvert St Detroit, MI 3.0 1.0 1150 $1,150 $1.00 45d 1 0.95mi
14011 Roselawn St Detroit, MI 4.0 1.5 1300 $1,450 $1.12 3d 1 0.97mi
14011 Roselawn St Detroit, MI 4.0 1.5 1300 $1,450 $1.12 19d 1 0.97mi
13979 Cherrylawn St Detroit, MI 3.0 1.0 1296 $1,334 $1.03 22d 1 1.07mi
2925 Calvert St Detroit, MI 3.0 1.0 1400 $1,300 $0.93 18d 1 1.09mi
3422 Edison St Detroit, MI 3.0 1.0 1300 $1,295 $1.00 18d 1 1.14mi
2634 Lawrence St Detroit, MI 3.0 1.5 1388 $1,600 $1.15 3d 1 1.14mi
2727 Calvert Ave Unit 1 Detroit, MI 3.0 1.5 1350 $1,200 $0.89 45d 1 1.15mi
13620 Kentucky St Detroit, MI 3.0 1.0 1248 $1,200 $0.96 6d 1 1.17mi
2655 Collingwood St Detroit, MI 4.0 1.5 1881 $2,700 $1.44 0d 1 1.17mi
12144 Washburn St Detroit, MI 3.0 1.0 1200 $1,200 $1.00 16d 1 1.17mi
2474 Fullerton St Detroit, MI 3.0 1.0 1400 $1,300 $0.93 16d 1 1.18mi
13910 Kentucky St Detroit, MI 2.0 1.0 1680 $1,000 $0.60 45d 1 1.19mi
2653 Calvert Ave Unit 1 Detroit, MI 3.0 1.0 1305 $1,200 $0.92 45d 1 1.20mi
14242 Ohio St Detroit, MI 4.0 1.0 1400 $1,000 $0.71 45d 1 1.21mi
12650 Griggs St Detroit, MI 3.0 2.0 1628 $1,375 $0.84 26d 1 1.27mi
Ohio St Unit 4 Detroit, MI 4.0 1.5 1400 $750 $0.54 45d 1 1.36mi
12468 Mendota St Detroit, MI 2.0 1.0 1100 $1,100 $1.00 45d 1 1.38mi
12468 Mendota St Detroit, MI 2.0 1.0 1100 $1,000 $0.91 26d 1 1.38mi
3786 Carter St Unit 2 Detroit, MI 3.0 1.0 1400 $1,100 $0.79 26d 1 1.44mi

Listing history 11 events

  1. 2026-05-19
    status Pending 939-char remark
    Show marketing remark (945 chars)

    A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit’s historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.

  2. 2026-05-19
    status Pending 945-char remark
    Show marketing remark (945 chars)

    A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit’s historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.

  3. 2026-05-06
    price $64,900 939-char remark
    Show marketing remark (945 chars)

    A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit’s historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.

  4. 2026-05-06
    price $64,900 945-char remark
    Show marketing remark (945 chars)

    A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit’s historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.

  5. 2026-04-02
    price $69,900 939-char remark
    Show marketing remark (945 chars)

    A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit’s historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.

  6. 2026-04-02
    price $69,900 945-char remark
    Show marketing remark (945 chars)

    A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit’s historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.

  7. 2026-03-07
    price $84,900 939-char remark
    Show marketing remark (939 chars)

    A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit's historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.

  8. 2026-03-06
    price $84,900 945-char remark
    Show marketing remark (945 chars)

    A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit’s historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.

  9. 2026-02-10
    listed $99,900 Active 945-char remark
    Show marketing remark (939 chars)

    A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit's historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.

  10. 2026-02-10
    listed $99,900 Active 939-char remark
    Show marketing remark (939 chars)

    A classic 1,645-square-foot brick Colonial nestled in the heart of Detroit's historic Russell Woods neighborhood. Built in 1925, this stately residence exudes character with its symmetrical facade, traditional architectural details, and a welcoming layout that includes three spacious bedrooms, 1 baths, and a grand natural fireplace that serves as the centerpiece of the light-filled living area. The property also features a spacious basement and a large spacious yard all situated on a quiet, tree-lined street within a major investment corridor. Just moments from the vibrant Livernois Avenue "Avenue of Fashion, " local parks, and central transit, this home offers a premier opportunity to own a piece of Detroit's rich history while capitalizing on the area's ongoing revitalization. Property must sit on the market for 5 days prior to the Seller reviewing any offers. Sold as is. Buyer and agent to verify all information.

  11. 2024-08-02
    soldstatus $75,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥97°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 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
$15,254
− Mortgage interest
−$3,635
− Property taxes
−$974
− Insurance
−$324
− Repairs & maintenance
−$1,220
− Management
−$1,220
− Depreciation
−$1,888
Taxable income
$5,992
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,438
After-tax cash flow
$5,230/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
Detroit Public Schools Community District
NCES district ID
2601103
Math proficiency
10% ▼ -2.00%
Reading proficiency
24% ▲ 6.00%
Median HH income
$25,815
Composite
13.06/100
National rank
#9564
State rank
#499 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

Census place
Detroit, MI
County
Wayne County · 1,562,939 people
City population
572,865
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
20,696
Household income
$34,468
Rent vs Own
45.0% rent · 55.0% own
Severe rent burden
1418.0

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 (86%)
Race & ethnicity
Black 86% Two or more races 7% Hispanic / Latino 5% White 4% Native American 2%
Hispanic origin (detail)
Mexican 4%
Common ancestry
Hispanic 1% Romanian 1%
Foreign-born
2% · Canada
Languages at home
95% English-only · Spanish 4%

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
▲ 36.51%
Current HPI
234.0465
Rent YoY
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

-13.5% since first listed
11 events — show timeline
  • 2026-05-19 Pending MiRealSource-MiMLS
  • 2026-05-19 Pending REALCOMP
  • 2026-05-06 Price Changed $64,900 MiRealSource-MiMLS
  • 2026-05-06 Price Changed $64,900 REALCOMP
  • 2026-04-02 Price Changed $69,900 MiRealSource-MiMLS
  • 2026-04-02 Price Changed $69,900 REALCOMP
  • 2026-03-07 Price Changed $84,900 MiRealSource-MiMLS
  • 2026-03-06 Price Changed $84,900 REALCOMP
  • 2026-02-10 Listed $99,900 REALCOMP
  • 2026-02-10 Listed $99,900 MiRealSource-MiMLS
  • 2024-08-02 Sold (Public Records) $75,000 Public Records

Property tax history

+5.0%/yr

Latest (2025): $3,354 · +139.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

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