🏷️ Likely Rental
3363 Parkwood Ave · Frenchtown, MI
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.1%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 101°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 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C+ 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 +24.0/30.0
- ARV discount +15.0/15.0
- DSCR +7.7/10.0
- 1% rule +6.2/10.0
- Schools +2.6/10.0
- Rent growth +2.5/5.0
- Livability +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$125,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
TENANT OCCUPIED - Investment opportunity - Welcome to a hidden gem walking distance from the Beach park of Lake Erie! Whether you're looking for a year-round residence or a peaceful retreat, this 2 bedroom, 1-bath home offers incredible potential in a beautiful setting. Enjoy easy access to the water with two nearby boat launch zones, perfect for fishing, kayaking, or weekend boating adventures. Fresh comfortable carpet flooring - Freshly painted - Small office room - Porch area for storage and relaxation. Inside, the home features a cozy NEW kitchen with granite countertops, a full bathroom, two comfortably sized bedrooms, New Furnace 2025, New Hot Water Tank 2026, A shed provides convenient storage for tools or recreational gear. With its unbeatable location, this property is bursting with potential. Don't miss your chance to be part of the lake life. BUYER/BUYER AGENT TO VERIFY ALL INFORMATION.
Key facts
- Shed for storage
- New furnace
- New hot water tank
Tags
Property features AI
Exterior
- Parking: No garage
- Utilities: Public water; Public sewer
- Home design: Single-family residence; One story; Ground-level entry with steps; Vinyl siding
- Construction: Vinyl siding construction
- Exterior features: Paved road access; Pets allowed (cats and dogs permitted)
Interior
- Kitchen: Gas range; Refrigerator
- Bedrooms: 7 total rooms (includes bedrooms and living spaces)
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating (natural gas); No cooling
- Interior features: Free-standing gas range; Free-standing refrigerator; Crawl space basement
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $125k.
Deal economics
- At list price, monthly cash flow is $244 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $125k).
- Recommended offer: $110k (12.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
- Jefferson Schools (Monroe) (rural): math 19% / reading 38% proficiency, ranked #358 of 540 in MI (top 66%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Zoned schools: North Elementary School (math 22% / reading 37%, grade F, #866 of 1,397 statewide, top 65%, 261 students, 52% FRL); Jefferson Middle School (math 14% / reading 34%, grade F, #396 of 493 statewide, top 81%, 400 students, 55% FRL); Jefferson High School (math 27% / reading 52%, grade F, #304 of 713 statewide, top 46%, 462 students, 48% FRL) — zoned schools average 52% FRL vs 36% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: 130 active listings in the ZIP; 264 units permitted in Monroe County in 2024 (40 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Monroe County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
Negotiation context
- It's been on market 157 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $50k; list at $125k implies a 150% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 157 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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
- 1.12% ✓
- Cap rate
- 8.63%
- Cash-on-cash
- 8.36%
- DSCR
- 1.37
- GRM
- 7.4
CMA / ARV
- ARV (on-the-fly)
- $173,460
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3251 Maplewood St | 0.18mi | 3/1.0 | 960 (-2%) | 5mo | $73,000 | $76 | 84 |
| 3341 Cloverdale St | 0.12mi | 2/1.0 (-1) | 1,008 (+3%) | 1mo | $142,000 | $141 | 84 |
| 3159 Maplewood St | 0.25mi | 2/1.0 (-1) | 984 (+0%) | 2mo | $169,000 | $172 | 81 |
| 3329 Elmwood St | 0.23mi | 3/1.0 | 1,061 (+8%) | 1mo | $188,000 | $177 | 75 |
| 3124 Beechwood St | 0.31mi | 3/1.0 | 943 (-4%) | 8mo | $45,000 | $48 | 73 |
| 3469 Clairmont St | 0.28mi | 3/1.5 | 1,040 (+6%) | 3mo | $230,000 | $221 | 72 |
| 3264 Chippewa Trl | 0.35mi | 2/1.0 (-1) | 952 (-3%) | 2mo | $182,000 | $191 | 72 |
| 3303 Elmwood St | 0.24mi | 3/1.5 | 1,100 (+12%) | 7mo | $35,000 | $32 | 61 |
| 3131 Elmwood St | 0.31mi | 3/1.0 | 876 (-11%) | 10mo | $190,000 | $217 | 59 |
| 3244 Meadowcrest St | 0.57mi | 2/1.0 (-1) | 1,028 (+5%) | 6mo | $182,000 | $177 | 55 |
| 3620 Lakeview Ave | 0.44mi | 2/1.0 (-1) | 1,100 (+12%) | 12mo | $161,000 | $146 | 44 |
| 3155 Englewood Dr | 0.49mi | 2/1.0 (-1) | 843 (-14%) | 7mo | $170,000 | $202 | 43 |
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 · 3.0% rent growth · sell at horizon
- IRR
- -3.6%
- Equity multiple
- 0.87×
- Total profit
- $-4,705
- Equity at exit
- $18,638
- IRR
- 6.1%
- Equity multiple
- 1.46×
- Total profit
- $15,985
- Equity at exit
- $10,808
Cash invested: $35,000 (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 48162
- Active inventory
- 130
- Price-to-rent
- 7.4×
Monthly cashflow live
- Estimated rent
- $1,402 medium interval (Pro) →
- Mortgage (P&I)
- −$656
- Tax est. 1.5%
- −$156 /mo · $1,875/yr
- Insurance
- −$52
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$294
- Net cashflow
- $244
Break-even live
Sensitivity live
| Price | -10% $330 | -5% $287 | +0% $244 | +5% $201 | +10% $157 |
|---|---|---|---|---|---|
| Rent | -10% $133 | -5% $188 | +0% $244 | +5% $299 | +10% $355 |
| Rate | -1.0pp $307 | -0.5pp $276 | base $244 | +0.5pp $211 | +1.0pp $178 |
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
- $31,250
- Closing costs
- $3,750
- 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.
Listing history 39 events
-
2026-06-22days on market $125,000 Active 157 DOM
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2026-06-19days on market $125,000 Active 154 DOM
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2026-06-18days on market $125,000 Active 153 DOM
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2026-06-17days on market $125,000 Active 152 DOM
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2026-06-16days on market $125,000 Active 151 DOM
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2026-06-15days on market $125,000 Active 150 DOM
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2026-06-14days on market $125,000 Active 148 DOM
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2026-06-12days on market $125,000 Active 147 DOM
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2026-06-09days on market $125,000 Active 144 DOM
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2026-06-08days on market $125,000 Active 143 DOM
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2026-06-07days on market $125,000 Active 142 DOM
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2026-06-03days on market $125,000 Active 138 DOM
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2026-06-02days on market $125,000 Active 137 DOM
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2026-06-01days on market $125,000 Active 136 DOM
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2026-05-31days on market $125,000 Active 135 DOM
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2026-05-30days on market $125,000 Active 134 DOM
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2026-05-23price $125,000 910-char remark
Show marketing remark (910 chars)
TENANT OCCUPIED - Investment opportunity - Welcome to a hidden gem walking distance from the Beach park of Lake Erie! Whether you're looking for a year-round residence or a peaceful retreat, this 2 bedroom, 1-bath home offers incredible potential in a beautiful setting. Enjoy easy access to the water with two nearby boat launch zones, perfect for fishing, kayaking, or weekend boating adventures. Fresh comfortable carpet flooring - Freshly painted - Small office room - Porch area for storage and relaxation. Inside, the home features a cozy NEW kitchen with granite countertops, a full bathroom, two comfortably sized bedrooms, New Furnace 2025, New Hot Water Tank 2026, A shed provides convenient storage for tools or recreational gear. With its unbeatable location, this property is bursting with potential. Don't miss your chance to be part of the lake life. BUYER/BUYER AGENT TO VERIFY ALL INFORMATION.
-
2026-05-23price $125,000
Show marketing remark (910 chars)
TENANT OCCUPIED - Investment opportunity - Welcome to a hidden gem walking distance from the Beach park of Lake Erie! Whether you're looking for a year-round residence or a peaceful retreat, this 2 bedroom, 1-bath home offers incredible potential in a beautiful setting. Enjoy easy access to the water with two nearby boat launch zones, perfect for fishing, kayaking, or weekend boating adventures. Fresh comfortable carpet flooring - Freshly painted - Small office room - Porch area for storage and relaxation. Inside, the home features a cozy NEW kitchen with granite countertops, a full bathroom, two comfortably sized bedrooms, New Furnace 2025, New Hot Water Tank 2026, A shed provides convenient storage for tools or recreational gear. With its unbeatable location, this property is bursting with potential. Don't miss your chance to be part of the lake life. BUYER/BUYER AGENT TO VERIFY ALL INFORMATION.
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2026-05-11status Active
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2026-05-11historical
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2026-01-17$135,000 Active
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2026-01-16$135,000 Active 910-char remark
Show marketing remark (910 chars)
TENANT OCCUPIED - Investment opportunity - Welcome to a hidden gem walking distance from the Beach park of Lake Erie! Whether you're looking for a year-round residence or a peaceful retreat, this 2 bedroom, 1-bath home offers incredible potential in a beautiful setting. Enjoy easy access to the water with two nearby boat launch zones, perfect for fishing, kayaking, or weekend boating adventures. Fresh comfortable carpet flooring - Freshly painted - Small office room - Porch area for storage and relaxation. Inside, the home features a cozy NEW kitchen with granite countertops, a full bathroom, two comfortably sized bedrooms, New Furnace 2025, New Hot Water Tank 2026, A shed provides convenient storage for tools or recreational gear. With its unbeatable location, this property is bursting with potential. Don't miss your chance to be part of the lake life. BUYER/BUYER AGENT TO VERIFY ALL INFORMATION.
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2025-12-30historical $1,550
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2025-11-12price $1,550
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2025-08-29$1,600
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2025-08-21soldstatus $50,000
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2025-08-07soldstatus $50,000 Closed 927-char remark
Show marketing remark (927 chars)
Charming Home Near Lake Erie – Includes Extra Lot! Welcome to 3363 Parkwood Avenue, Monroe - a hidden gem just a short walk from the shores of Lake Erie! Whether you're looking for a year-round residence or a peaceful retreat, this 3-bedroom, 1-bath home offers incredible potential in a beautiful setting. Enjoy easy access to the water with two nearby boat launch zones, perfect for fishing, kayaking, or weekend boating adventures. The property includes the adjacent lot on the right side of the home, offering extra space for expansion, gardening, or added privacy. Inside, the home features a cozy kitchen, a full bathroom, two comfortably sized bedrooms, and a possible third bedroom. A shed provides convenient storage for tools or recreational gear. With its unbeatable location and extra land, this property is bursting with potential. Don't miss your chance to own a slice of lake life in Monroe!
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2025-08-07soldstatus $50,000 Closed
Show marketing remark (927 chars)
Charming Home Near Lake Erie – Includes Extra Lot! Welcome to 3363 Parkwood Avenue, Monroe - a hidden gem just a short walk from the shores of Lake Erie! Whether you're looking for a year-round residence or a peaceful retreat, this 3-bedroom, 1-bath home offers incredible potential in a beautiful setting. Enjoy easy access to the water with two nearby boat launch zones, perfect for fishing, kayaking, or weekend boating adventures. The property includes the adjacent lot on the right side of the home, offering extra space for expansion, gardening, or added privacy. Inside, the home features a cozy kitchen, a full bathroom, two comfortably sized bedrooms, and a possible third bedroom. A shed provides convenient storage for tools or recreational gear. With its unbeatable location and extra land, this property is bursting with potential. Don't miss your chance to own a slice of lake life in Monroe!
-
2025-07-31status Pending 927-char remark
Show marketing remark (927 chars)
Charming Home Near Lake Erie – Includes Extra Lot! Welcome to 3363 Parkwood Avenue, Monroe - a hidden gem just a short walk from the shores of Lake Erie! Whether you're looking for a year-round residence or a peaceful retreat, this 3-bedroom, 1-bath home offers incredible potential in a beautiful setting. Enjoy easy access to the water with two nearby boat launch zones, perfect for fishing, kayaking, or weekend boating adventures. The property includes the adjacent lot on the right side of the home, offering extra space for expansion, gardening, or added privacy. Inside, the home features a cozy kitchen, a full bathroom, two comfortably sized bedrooms, and a possible third bedroom. A shed provides convenient storage for tools or recreational gear. With its unbeatable location and extra land, this property is bursting with potential. Don't miss your chance to own a slice of lake life in Monroe!
-
2025-07-31status Pending
Show marketing remark (927 chars)
Charming Home Near Lake Erie – Includes Extra Lot! Welcome to 3363 Parkwood Avenue, Monroe - a hidden gem just a short walk from the shores of Lake Erie! Whether you're looking for a year-round residence or a peaceful retreat, this 3-bedroom, 1-bath home offers incredible potential in a beautiful setting. Enjoy easy access to the water with two nearby boat launch zones, perfect for fishing, kayaking, or weekend boating adventures. The property includes the adjacent lot on the right side of the home, offering extra space for expansion, gardening, or added privacy. Inside, the home features a cozy kitchen, a full bathroom, two comfortably sized bedrooms, and a possible third bedroom. A shed provides convenient storage for tools or recreational gear. With its unbeatable location and extra land, this property is bursting with potential. Don't miss your chance to own a slice of lake life in Monroe!
-
2025-07-28status Active 927-char remark
Show marketing remark (927 chars)
Charming Home Near Lake Erie – Includes Extra Lot! Welcome to 3363 Parkwood Avenue, Monroe - a hidden gem just a short walk from the shores of Lake Erie! Whether you're looking for a year-round residence or a peaceful retreat, this 3-bedroom, 1-bath home offers incredible potential in a beautiful setting. Enjoy easy access to the water with two nearby boat launch zones, perfect for fishing, kayaking, or weekend boating adventures. The property includes the adjacent lot on the right side of the home, offering extra space for expansion, gardening, or added privacy. Inside, the home features a cozy kitchen, a full bathroom, two comfortably sized bedrooms, and a possible third bedroom. A shed provides convenient storage for tools or recreational gear. With its unbeatable location and extra land, this property is bursting with potential. Don't miss your chance to own a slice of lake life in Monroe!
-
2025-07-28status Active
Show marketing remark (927 chars)
Charming Home Near Lake Erie – Includes Extra Lot! Welcome to 3363 Parkwood Avenue, Monroe - a hidden gem just a short walk from the shores of Lake Erie! Whether you're looking for a year-round residence or a peaceful retreat, this 3-bedroom, 1-bath home offers incredible potential in a beautiful setting. Enjoy easy access to the water with two nearby boat launch zones, perfect for fishing, kayaking, or weekend boating adventures. The property includes the adjacent lot on the right side of the home, offering extra space for expansion, gardening, or added privacy. Inside, the home features a cozy kitchen, a full bathroom, two comfortably sized bedrooms, and a possible third bedroom. A shed provides convenient storage for tools or recreational gear. With its unbeatable location and extra land, this property is bursting with potential. Don't miss your chance to own a slice of lake life in Monroe!
-
2025-07-23status Pending 927-char remark
Show marketing remark (927 chars)
Charming Home Near Lake Erie – Includes Extra Lot! Welcome to 3363 Parkwood Avenue, Monroe - a hidden gem just a short walk from the shores of Lake Erie! Whether you're looking for a year-round residence or a peaceful retreat, this 3-bedroom, 1-bath home offers incredible potential in a beautiful setting. Enjoy easy access to the water with two nearby boat launch zones, perfect for fishing, kayaking, or weekend boating adventures. The property includes the adjacent lot on the right side of the home, offering extra space for expansion, gardening, or added privacy. Inside, the home features a cozy kitchen, a full bathroom, two comfortably sized bedrooms, and a possible third bedroom. A shed provides convenient storage for tools or recreational gear. With its unbeatable location and extra land, this property is bursting with potential. Don't miss your chance to own a slice of lake life in Monroe!
-
2025-07-23status Pending
Show marketing remark (927 chars)
Charming Home Near Lake Erie – Includes Extra Lot! Welcome to 3363 Parkwood Avenue, Monroe - a hidden gem just a short walk from the shores of Lake Erie! Whether you're looking for a year-round residence or a peaceful retreat, this 3-bedroom, 1-bath home offers incredible potential in a beautiful setting. Enjoy easy access to the water with two nearby boat launch zones, perfect for fishing, kayaking, or weekend boating adventures. The property includes the adjacent lot on the right side of the home, offering extra space for expansion, gardening, or added privacy. Inside, the home features a cozy kitchen, a full bathroom, two comfortably sized bedrooms, and a possible third bedroom. A shed provides convenient storage for tools or recreational gear. With its unbeatable location and extra land, this property is bursting with potential. Don't miss your chance to own a slice of lake life in Monroe!
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2025-07-16price $79,900 927-char remark
Show marketing remark (927 chars)
Charming Home Near Lake Erie – Includes Extra Lot! Welcome to 3363 Parkwood Avenue, Monroe - a hidden gem just a short walk from the shores of Lake Erie! Whether you're looking for a year-round residence or a peaceful retreat, this 3-bedroom, 1-bath home offers incredible potential in a beautiful setting. Enjoy easy access to the water with two nearby boat launch zones, perfect for fishing, kayaking, or weekend boating adventures. The property includes the adjacent lot on the right side of the home, offering extra space for expansion, gardening, or added privacy. Inside, the home features a cozy kitchen, a full bathroom, two comfortably sized bedrooms, and a possible third bedroom. A shed provides convenient storage for tools or recreational gear. With its unbeatable location and extra land, this property is bursting with potential. Don't miss your chance to own a slice of lake life in Monroe!
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2025-07-15price $79,900
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2025-07-07$99,900 Active
Show marketing remark (927 chars)
Charming Home Near Lake Erie – Includes Extra Lot! Welcome to 3363 Parkwood Avenue, Monroe - a hidden gem just a short walk from the shores of Lake Erie! Whether you're looking for a year-round residence or a peaceful retreat, this 3-bedroom, 1-bath home offers incredible potential in a beautiful setting. Enjoy easy access to the water with two nearby boat launch zones, perfect for fishing, kayaking, or weekend boating adventures. The property includes the adjacent lot on the right side of the home, offering extra space for expansion, gardening, or added privacy. Inside, the home features a cozy kitchen, a full bathroom, two comfortably sized bedrooms, and a possible third bedroom. A shed provides convenient storage for tools or recreational gear. With its unbeatable location and extra land, this property is bursting with potential. Don't miss your chance to own a slice of lake life in Monroe!
-
2025-07-07$99,900 Active 927-char remark
Show marketing remark (927 chars)
Charming Home Near Lake Erie – Includes Extra Lot! Welcome to 3363 Parkwood Avenue, Monroe - a hidden gem just a short walk from the shores of Lake Erie! Whether you're looking for a year-round residence or a peaceful retreat, this 3-bedroom, 1-bath home offers incredible potential in a beautiful setting. Enjoy easy access to the water with two nearby boat launch zones, perfect for fishing, kayaking, or weekend boating adventures. The property includes the adjacent lot on the right side of the home, offering extra space for expansion, gardening, or added privacy. Inside, the home features a cozy kitchen, a full bathroom, two comfortably sized bedrooms, and a possible third bedroom. A shed provides convenient storage for tools or recreational gear. With its unbeatable location and extra land, this property is bursting with potential. Don't miss your chance to own a slice of lake life in Monroe!
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1988-02-23soldstatus $22,000
ⓘ 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 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥101°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
- $16,825
- − Mortgage interest
- −$7,002
- − Property taxes
- −$1,875
- − Insurance
- −$625
- − Repairs & maintenance
- −$1,346
- − Management
- −$1,346
- − Depreciation
- −$3,636
- Taxable income
- $995
- Est. tax owed @ 24.0%
- −$239
- After-tax cash flow
- $2,687/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
- Jefferson Schools (Monroe)
- NCES district ID
- 2619800
- Math proficiency
- 19% ▼ -11.00%
- Reading proficiency
- 38% ▼ -7.00%
- Median HH income
- $60,701
- Composite
- 25.91/100
- National rank
- #7338
- State rank
- #358 of 540 in MI
Livability — Frenchtown
No livability data for this city. (Only ~50 U.S. cities are tracked.)
Census & demographics
- Census place
- Woodland Beach, MI
- County
- Monroe County · 54,460 people
- Metro
- Monroe, MI
- Population (ZIP)
- 28,156
- Household income
- $67,876
- Rent vs Own
- Severe rent burden
- 828.0
Population outlook (Monroe County) Hauer SSP2
- Today (2025)
- 144,439 people
- By 2030
- 140,033 · -3.1%
- By 2040
- 128,408 · -11.1%
- By 2050
- 115,024 · -20.4%
- By 2075
- 87,273 · -39.6%
- By 2100
- 63,110 · -56.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (90%)
- Race & ethnicity
- White 90% Two or more races 4% Black 3% Hispanic / Latino 3%
- Common ancestry
- Lithuanian 7% Romanian 6% Slovak 2%
- Foreign-born
- 2% · Canada
- Languages at home
- 96% English-only · Spanish 1% Other Indo-European 1%
Political lean MEDSL · Monroe
- 2024 margin
- Strong R (+27.1) · D 35.7% · R 62.9% · Other 1.4%
- 2008→2024 swing
- -31.5pp toward R · 2008: 4.3pp · 2024: -27.1pp
- All cycles
- 2024: R+27.1 2020: R+22.6 2016: R+22.1 2012: D+1.0 2008: D+4.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -171.11%
- Current HPI
- 138.1795
- Rent YoY
- —
- Metro
- Monroe, 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
+468.2% since first listed23 events — show timeline
- 2026-05-23 Price Changed $125,000 MiRealSource-MiMLS
- 2026-05-23 Price Changed $125,000 REALCOMP
- 2026-05-11 Relisted — REALCOMP
- 2026-05-11 Listing Removed — REALCOMP
- 2026-01-17 Listed $135,000 REALCOMP
- 2026-01-16 Listed $135,000 MiRealSource-MiMLS
- 2025-12-30 Rental Removed $1,550 REALSOURCE
- 2025-11-12 Price Changed $1,550 REALSOURCE
- 2025-08-29 Listed for Rent $1,600 REALSOURCE
- 2025-08-21 Sold (Public Records) $50,000 Public Records
- 2025-08-07 Sold (MLS) $50,000 REALCOMP
- 2025-08-07 Sold (MLS) $50,000 MiRealSource-MiMLS
- 2025-07-31 Pending — MiRealSource-MiMLS
- 2025-07-31 Pending — REALCOMP
- 2025-07-28 Relisted — MiRealSource-MiMLS
- 2025-07-28 Relisted — REALCOMP
- 2025-07-23 Pending — MiRealSource-MiMLS
- 2025-07-23 Pending — REALCOMP
- 2025-07-16 Price Changed $79,900 MiRealSource-MiMLS
- 2025-07-15 Price Changed $79,900 REALCOMP
- 2025-07-07 Listed $99,900 REALCOMP
- 2025-07-07 Listed $99,900 MiRealSource-MiMLS
- 1988-02-23 Sold (Public Records) $22,000 Public Records
Property tax history
+3.0%/yrLatest (2025): $241 · -78.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…