24409 Stanford St · Dearborn Heights, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- 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 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 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 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 +21.0/30.0
- ARV discount +14.5/15.0
- DSCR +6.7/10.0
- 1% rule +6.3/10.0
- Livability +4.0/5.0
- Rent growth +3.0/5.0
- Condition / age +2.5/5.0
- Schools +0.7/10.0
- Appreciation +0.0/10.0
$129,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Fenced-in COUNTRY LOT in the city. Located on a quiet tree-lined street. Luxury plank flooring through out home. All the majors are updated and has a rental C of O. Extra large primary bed rm. Cozy breezeway. Move-in ready, get in before the snow flies and enjoy the holidays in your cozy home. Priced for a quick sale.
Key facts
- Move-in ready
- Breezeway
- Tree-lined street
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $130k.
Deal economics
- At list price, monthly cash flow is $182 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $130k).
- Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.0% vs local median 5.5% in Dearborn Heights — 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 79/100 on livability (#82 in MI, #1,885 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools C-, crime D+, employment D+.
- Westwood Community School District (suburban): math 6% / reading 11% proficiency, ranked #529 of 540 in MI (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising (+2.0%/yr); 137 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $898 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
Negotiation context
- It's been on market 174 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 13y ago; this cycle's ask has dropped $20k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 174 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1949 — 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.
- Crime grade is D 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?
- 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
- 1.13% ✓
- Cap rate
- 7.98%
- Cash-on-cash
- 6.01%
- DSCR
- 1.27
- GRM
- 7.4
CMA / ARV
- ARV (on-the-fly)
- $153,974
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 24304 Carlysle St | 0.36mi | 2/1.0 | 895 (-3%) | 2mo | $137,000 | $153 | 77 |
| 24301 Stanford St | 0.10mi | 2/1.0 | 824 (-11%) | 2mo | $155,000 | $188 | 76 |
| 25036 Colgate St | 0.30mi | 3/1.0 (+1) | 945 (+2%) | 1mo | $85,000 | $90 | 76 |
| 25038 Annapolis St | 0.32mi | 2/1.0 | 841 (-9%) | 1mo | $125,000 | $149 | 69 |
| 4165 Westpoint St | 0.34mi | 3/1.0 (+1) | 847 (-8%) | 1mo | $170,000 | $201 | 65 |
| 25037 Hopkins St | 0.31mi | 2/1.0 | 812 (-12%) | 2mo | $159,900 | $197 | 64 |
| 4140 Syracuse St | 0.44mi | 3/1.0 (+1) | 860 (-7%) | 2mo | $150,000 | $174 | 62 |
| 24337 Pennie St | 0.38mi | 3/1.0 (+1) | 1,008 (+9%) | 2mo | $168,000 | $167 | 60 |
| 23245 Annapolis St | 0.73mi | 2/1.0 | 870 (-6%) | 0mo | $150,000 | $172 | 56 |
| 4901 Cornell St | 0.51mi | 2/1.0 | 819 (-11%) | 3mo | $92,150 | $113 | 55 |
| 25513 Annapolis St | 0.59mi | 3/1.0 (+1) | 1,040 (+13%) | 2mo | $152,000 | $146 | 45 |
| 5367 Vivian St | 0.56mi | 3/1.0 (+1) | 1,044 (+13%) | 3mo | $170,000 | $163 | 44 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 2.03% rent growth · sell at horizon
- IRR
- -8.1%
- Equity multiple
- 0.70×
- Total profit
- $-10,789
- Equity at exit
- $19,369
- IRR
- 0.1%
- Equity multiple
- 1.00×
- Total profit
- $134
- Equity at exit
- $11,231
Cash invested: $36,372 (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 48125
- Rents YoY
- 2.0%
- Active inventory
- 137
- Price-to-rent
- 7.4×
Monthly cashflow live
- Estimated rent
- $1,466 high interval (Pro) →
- Mortgage (P&I)
- −$681
- Tax from tax record
- −$240 /mo · $2,884/yr
- Insurance
- −$54
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$308
- Net cashflow
- $182
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
- $32,475
- Closing costs
- $3,897
- 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 25 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 24601 Andover Dr Dearborn Heights, MI | 3.0 | 1.5 | 1092 | $1,700 | $1.56 | 2d | 1 | 0.11mi |
| 24154 Dartmouth St Dearborn, MI | 2.0 | 1.0 | 950 | $1,275 | $1.34 | 15d | 1 | 0.24mi |
| 25016 Lehigh St Dearborn Heights, MI | 2.0 | 1.0 | 1000 | $1,400 | $1.40 | 4d | 1 | 0.24mi |
| 24442 Union St Dearborn, MI | 3.0 | 1.5 | 1000 | $1,900 | $1.90 | 1d | 1 | 0.38mi |
| 4481 Westpoint St Dearborn Heights, MI | 3.0 | 2.0 | 768 | $1,549 | $2.02 | 15d | 1 | 0.39mi |
| 3809 Heritage Pkwy Dearborn, MI | 2.0 | 1.5 | 1035 | $1,400 | $1.35 | 43d | 1 | 0.42mi |
| 3755 Heritage Pkwy Dearborn, MI | 2.0 | 1.0 | 830 | $1,450 | $1.75 | 43d | 1 | 0.48mi |
| 3763 Heritage Pkwy Dearborn, MI | 2.0 | 1.5 | 1035 | $1,450 | $1.40 | 43d | 1 | 0.49mi |
| 25722 Carlysle St Dearborn Heights, MI | 3.0 | 1.0 | 1040 | $1,450 | $1.39 | 17d | 1 | 0.74mi |
| 5845 Michael St Taylor, MI | 2.0 | 1.0 | 618 | $1,325 | $2.14 | 4d | 1 | 0.85mi |
| 26089 Lehigh St Inkster, MI | 2.0 | 1.0 | 900 | $1,295 | $1.44 | 17d | 1 | 0.88mi |
| 25745 Princeton St Dearborn Heights, MI | 3.0 | 1.0 | 1080 | $1,500 | $1.39 | 11d | 1 | 1.04mi |
| 5640 Pardee Ave Unit 7 Dearborn Heights, MI | 1.0 | 1.0 | 799 | $999 | $1.25 | 2d | 1 | 1.13mi |
| 2825 Queen St Dearborn, MI | 2.0 | 1.0 | 1000 | $1,299 | $1.30 | 43d | 1 | 1.13mi |
| 5680 Pardee Ave Unit 3 Dearborn Heights, MI | 1.0 | 1.0 | 750 | $999 | $1.33 | 18d | 1 | 1.13mi |
| 5680 Pardee Ave Dearborn Heights, MI | 1.0 | 1.0 | 750 | $999 | $1.33 | 24d | 1 | 1.13mi |
| 26382 Colgate St Inkster, MI | 2.0 | 1.0 | 850 | $935 | $1.10 | 24d | 1 | 1.14mi |
| 5640 Pardee Ave Dearborn Heights, MI | 1.0 | 1.0 | 799 | $999 | $1.25 | 24d | 1 | 1.18mi |
| 4934 McKinley St Dearborn Heights, MI | 3.0 | 1.0 | 1051 | $1,700 | $1.62 | 1d | 1 | 1.19mi |
| 6477 Westpoint St Taylor, MI | 1.0 | 1.0 | 650 | $900 | $1.38 | 5d | 1 | 1.26mi |
| 3620 Monroe St Dearborn, MI | 3.0 | 2.0 | 1100 | $1,800 | $1.64 | 10d | 1 | 1.32mi |
| 26707 Penn St Inkster, MI | 3.0 | 1.0 | 900 | $1,400 | $1.56 | 5d | 1 | 1.36mi |
| 24720 Michigan Ave Dearborn, MI | 2.0 | 1.0 | 900 | $1,350 | $1.50 | 43d | 1 | 1.37mi |
| 26742 Penn St Inkster, MI | 3.0 | 1.0 | 1000 | $1,300 | $1.30 | 16d | 1 | 1.39mi |
| 4757 Dudley St Dearborn Heights, MI | 3.0 | 1.0 | 995 | $1,350 | $1.36 | 11d | 1 | 1.44mi |
Listing history 33 events
-
2026-04-30soldstatus $129,900 Closed
Show marketing remark (319 chars)
Fenced-in COUNTRY LOT in the city. Located on a quiet tree-lined street. Luxury plank flooring through out home. All the majors are updated and has a rental C of O. Extra large primary bed rm. Cozy breezeway. Move-in ready, get in before the snow flies and enjoy the holidays in your cozy home. Priced for a quick sale.
-
2026-04-30soldstatus $129,900 Closed 319-char remark
Show marketing remark (319 chars)
Fenced-in COUNTRY LOT in the city. Located on a quiet tree-lined street. Luxury plank flooring through out home. All the majors are updated and has a rental C of O. Extra large primary bed rm. Cozy breezeway. Move-in ready, get in before the snow flies and enjoy the holidays in your cozy home. Priced for a quick sale.
-
2026-03-03status Pending 319-char remark
Show marketing remark (319 chars)
Fenced-in COUNTRY LOT in the city. Located on a quiet tree-lined street. Luxury plank flooring through out home. All the majors are updated and has a rental C of O. Extra large primary bed rm. Cozy breezeway. Move-in ready, get in before the snow flies and enjoy the holidays in your cozy home. Priced for a quick sale.
-
2026-03-03status Pending
Show marketing remark (319 chars)
Fenced-in COUNTRY LOT in the city. Located on a quiet tree-lined street. Luxury plank flooring through out home. All the majors are updated and has a rental C of O. Extra large primary bed rm. Cozy breezeway. Move-in ready, get in before the snow flies and enjoy the holidays in your cozy home. Priced for a quick sale.
-
2026-02-26price $129,900 319-char remark
Show marketing remark (319 chars)
Fenced-in COUNTRY LOT in the city. Located on a quiet tree-lined street. Luxury plank flooring through out home. All the majors are updated and has a rental C of O. Extra large primary bed rm. Cozy breezeway. Move-in ready, get in before the snow flies and enjoy the holidays in your cozy home. Priced for a quick sale.
-
2026-02-26price $129,900
Show marketing remark (319 chars)
Fenced-in COUNTRY LOT in the city. Located on a quiet tree-lined street. Luxury plank flooring through out home. All the majors are updated and has a rental C of O. Extra large primary bed rm. Cozy breezeway. Move-in ready, get in before the snow flies and enjoy the holidays in your cozy home. Priced for a quick sale.
-
2025-11-18price $139,900 319-char remark
Show marketing remark (319 chars)
Fenced-in COUNTRY LOT in the city. Located on a quiet tree-lined street. Luxury plank flooring through out home. All the majors are updated and has a rental C of O. Extra large primary bed rm. Cozy breezeway. Move-in ready, get in before the snow flies and enjoy the holidays in your cozy home. Priced for a quick sale.
-
2025-11-18price $139,900
Show marketing remark (319 chars)
Fenced-in COUNTRY LOT in the city. Located on a quiet tree-lined street. Luxury plank flooring through out home. All the majors are updated and has a rental C of O. Extra large primary bed rm. Cozy breezeway. Move-in ready, get in before the snow flies and enjoy the holidays in your cozy home. Priced for a quick sale.
-
2025-11-10price $145,900 319-char remark
Show marketing remark (319 chars)
Fenced-in COUNTRY LOT in the city. Located on a quiet tree-lined street. Luxury plank flooring through out home. All the majors are updated and has a rental C of O. Extra large primary bed rm. Cozy breezeway. Move-in ready, get in before the snow flies and enjoy the holidays in your cozy home. Priced for a quick sale.
-
2025-11-10price $145,900
Show marketing remark (319 chars)
Fenced-in COUNTRY LOT in the city. Located on a quiet tree-lined street. Luxury plank flooring through out home. All the majors are updated and has a rental C of O. Extra large primary bed rm. Cozy breezeway. Move-in ready, get in before the snow flies and enjoy the holidays in your cozy home. Priced for a quick sale.
-
2025-09-10$149,900 Active
Show marketing remark (319 chars)
Fenced-in COUNTRY LOT in the city. Located on a quiet tree-lined street. Luxury plank flooring through out home. All the majors are updated and has a rental C of O. Extra large primary bed rm. Cozy breezeway. Move-in ready, get in before the snow flies and enjoy the holidays in your cozy home. Priced for a quick sale.
-
2025-09-10$149,900 Active 319-char remark
Show marketing remark (319 chars)
Fenced-in COUNTRY LOT in the city. Located on a quiet tree-lined street. Luxury plank flooring through out home. All the majors are updated and has a rental C of O. Extra large primary bed rm. Cozy breezeway. Move-in ready, get in before the snow flies and enjoy the holidays in your cozy home. Priced for a quick sale.
-
2023-04-04soldstatus $127,500
-
2023-04-03soldstatus $127,500 Sold 353-char remark
Show marketing remark (353 chars)
Located on around 0.25 Acres lot, Great opportunity for first time homebuyers and investors, it has three bedrooms and one full bath, one car attached garage, freshly painted, Central Heating and Air Conditioning, New Furnace (2021), Ranch/Oven and Refrigerator are included, book your showing today. (City Certificate of occupancy is already obtained).
-
2023-04-03soldstatus $127,500 Closed
Show marketing remark (353 chars)
Located on around 0.25 Acres lot, Great opportunity for first time homebuyers and investors, it has three bedrooms and one full bath, one car attached garage, freshly painted, Central Heating and Air Conditioning, New Furnace (2021), Ranch/Oven and Refrigerator are included, book your showing today. (City Certificate of occupancy is already obtained).
-
2023-03-31status Pending
Show marketing remark (353 chars)
Located on around 0.25 Acres lot, Great opportunity for first time homebuyers and investors, it has three bedrooms and one full bath, one car attached garage, freshly painted, Central Heating and Air Conditioning, New Furnace (2021), Ranch/Oven and Refrigerator are included, book your showing today. (City Certificate of occupancy is already obtained).
-
2023-03-31status Pending 353-char remark
Show marketing remark (353 chars)
Located on around 0.25 Acres lot, Great opportunity for first time homebuyers and investors, it has three bedrooms and one full bath, one car attached garage, freshly painted, Central Heating and Air Conditioning, New Furnace (2021), Ranch/Oven and Refrigerator are included, book your showing today. (City Certificate of occupancy is already obtained).
-
2023-03-22status Active
Show marketing remark (353 chars)
Located on around 0.25 Acres lot, Great opportunity for first time homebuyers and investors, it has three bedrooms and one full bath, one car attached garage, freshly painted, Central Heating and Air Conditioning, New Furnace (2021), Ranch/Oven and Refrigerator are included, book your showing today. (City Certificate of occupancy is already obtained).
-
2023-03-22status Active 353-char remark
Show marketing remark (353 chars)
Located on around 0.25 Acres lot, Great opportunity for first time homebuyers and investors, it has three bedrooms and one full bath, one car attached garage, freshly painted, Central Heating and Air Conditioning, New Furnace (2021), Ranch/Oven and Refrigerator are included, book your showing today. (City Certificate of occupancy is already obtained).
-
2023-02-10status Pending
Show marketing remark (353 chars)
Located on around 0.25 Acres lot, Great opportunity for first time homebuyers and investors, it has three bedrooms and one full bath, one car attached garage, freshly painted, Central Heating and Air Conditioning, New Furnace (2021), Ranch/Oven and Refrigerator are included, book your showing today. (City Certificate of occupancy is already obtained).
-
2023-02-10status Pending 353-char remark
Show marketing remark (353 chars)
Located on around 0.25 Acres lot, Great opportunity for first time homebuyers and investors, it has three bedrooms and one full bath, one car attached garage, freshly painted, Central Heating and Air Conditioning, New Furnace (2021), Ranch/Oven and Refrigerator are included, book your showing today. (City Certificate of occupancy is already obtained).
-
2023-02-01$125,000 Active
Show marketing remark (353 chars)
Located on around 0.25 Acres lot, Great opportunity for first time homebuyers and investors, it has three bedrooms and one full bath, one car attached garage, freshly painted, Central Heating and Air Conditioning, New Furnace (2021), Ranch/Oven and Refrigerator are included, book your showing today. (City Certificate of occupancy is already obtained).
-
2023-02-01$125,000 Active 353-char remark
Show marketing remark (353 chars)
Located on around 0.25 Acres lot, Great opportunity for first time homebuyers and investors, it has three bedrooms and one full bath, one car attached garage, freshly painted, Central Heating and Air Conditioning, New Furnace (2021), Ranch/Oven and Refrigerator are included, book your showing today. (City Certificate of occupancy is already obtained).
-
2023-01-30historical $125,000
Show marketing remark (353 chars)
Located on around 0.25 Acres lot, Great opportunity for first time homebuyers and investors, it has three bedrooms and one full bath, one car attached garage, freshly painted, Central Heating and Air Conditioning, New Furnace (2021), Ranch/Oven and Refrigerator are included, book your showing today. (City Certificate of occupancy is already obtained).
-
2023-01-30historical $125,000 353-char remark
Show marketing remark (353 chars)
Located on around 0.25 Acres lot, Great opportunity for first time homebuyers and investors, it has three bedrooms and one full bath, one car attached garage, freshly painted, Central Heating and Air Conditioning, New Furnace (2021), Ranch/Oven and Refrigerator are included, book your showing today. (City Certificate of occupancy is already obtained).
-
2014-01-08soldstatus $42,000
-
2013-11-27soldstatus $42,000
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2013-11-27soldstatus $42,000
-
2013-11-14historical
-
2013-11-14historical
-
2013-10-06$50,000
-
2013-10-06$50,000
-
1997-11-05soldstatus $70,300
ⓘ 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
- $2,884 · $240/mo
- Projected year-2 tax
- $2,884 · $240/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $17,589
- − Mortgage interest
- −$7,276
- − Property taxes
- −$2,884
- − Insurance
- −$650
- − Repairs & maintenance
- −$1,407
- − Management
- −$1,407
- − Depreciation
- −$3,779
- Taxable income
- $186
- Est. tax owed @ 24.0%
- −$45
- After-tax cash flow
- $2,142/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
- Westwood Community School District
- NCES district ID
- 2611640
- Math proficiency
- 6% ▼ -6.00%
- Reading proficiency
- 11% ▼ -6.00%
- Median HH income
- $36,350
- Composite
- 7.06/100
- National rank
- #9967
- State rank
- #529 of 540 in MI
Livability — Dearborn Heights
- Score
- 79/100
- State rank
- #82
- US rank
- #1885
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Dearborn Heights, MI
- County
- Wayne County · 1,562,939 people
- City population
- 61,771
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 22,125
- Household income
- $60,195
- Rent vs Own
- Severe rent burden
- 654.0
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 White (76%)
- Race & ethnicity
- White 76% Black 10% Two or more races 9% Hispanic / Latino 9%
- Hispanic origin (detail)
- Mexican 6%
- Common ancestry
- Romanian 11% Arab 3% Slovak 2%
- Foreign-born
- 11% · Canada
- Languages at home
- 82% English-only · Arabic 13% Spanish 3% Russian/Polish/Slavic 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
- ▼ -214.70%
- Current HPI
- 218.4698
- Rent YoY
- ▲ 2.03%
- 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
+84.8% since first listed33 events — show timeline
- 2026-04-30 Sold (MLS) $129,900 MiRealSource-MiMLS
- 2026-04-30 Sold (MLS) $129,900 REALCOMP
- 2026-03-03 Pending — MiRealSource-MiMLS
- 2026-03-03 Pending — REALCOMP
- 2026-02-26 Price Changed $129,900 MiRealSource-MiMLS
- 2026-02-26 Price Changed $129,900 REALCOMP
- 2025-11-18 Price Changed $139,900 MiRealSource-MiMLS
- 2025-11-18 Price Changed $139,900 REALCOMP
- 2025-11-10 Price Changed $145,900 MiRealSource-MiMLS
- 2025-11-10 Price Changed $145,900 REALCOMP
- 2025-09-10 Listed $149,900 REALCOMP
- 2025-09-10 Listed $149,900 MiRealSource-MiMLS
- 2023-04-04 Sold (Public Records) $127,500 Public Records
- 2023-04-03 Sold (MLS) $127,500 MiRealSource-MiMLS
- 2023-04-03 Sold (MLS) $127,500 REALCOMP
- 2023-03-31 Pending — MiRealSource-MiMLS
- 2023-03-31 Pending — REALCOMP
- 2023-03-22 Relisted — MiRealSource-MiMLS
- 2023-03-22 Relisted — REALCOMP
- 2023-02-10 Pending — MiRealSource-MiMLS
- 2023-02-10 Pending — REALCOMP
- 2023-02-01 Listed $125,000 MiRealSource-MiMLS
- 2023-02-01 Listed $125,000 REALCOMP
- 2023-01-30 Coming Soon $125,000 MiRealSource-MiMLS
- 2023-01-30 Coming Soon $125,000 REALCOMP
- 2014-01-08 Sold (Public Records) $42,000 Public Records
- 2013-11-27 Sold (MLS) $42,000 MiRealSource-MiMLS
- 2013-11-27 Sold (MLS) $42,000 REALCOMP
- 2013-11-14 Listing Removed — MiRealSource-MiMLS
- 2013-11-14 Listing Removed — REALCOMP
- 2013-10-06 Listed $50,000 MiRealSource-MiMLS
- 2013-10-06 Listed $50,000 REALCOMP
- 1997-11-05 Sold (Public Records) $70,300 Public Records
Property tax history
+3.8%/yrLatest (2025): $2,884 · -32.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…