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2223 Old Salem Rd
D+ Composite 45.65
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 +16.3/30.0
  • ARV discount +8.0/15.0
  • DSCR +5.1/10.0
  • 1% rule +4.3/10.0
  • Livability +3.8/5.0
  • Schools +3.7/10.0
  • Condition / age +2.5/5.0
  • Rent growth +1.9/5.0
  • Appreciation +0.0/10.0

$287,000

2223 Old Salem Rd · Auburn Hills, MI 48326
4 bd · 1.5 ba · 1,626 sqft · SingleFamily public records · 35 Days on market
Built 1961 6,970 sqft lot $177/sqft · at area comps Est $290k · at est.

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

Listing remarks MLS

IMMEDIATE OCCUPANCY ON THIS SPACIOUS BLOOMFIELD ORCHARDS IN AVONDALE SCHOOLS. LOVELY UPDATED KITCHEN OFFERS NEW CABINETS, GRANITE COUNTER, UPGRADED SINK, BLT IN DISHWASHER & MICROWAVE, REFRIG & RANGE INCLUDED. STUNNING NEW FLOORING THOUGHOUT ENTRY LEVEL. LARGE FAMILY RM. OFFER FABULOUS NATURAL LIGHTING & GORGEOUS FIREPLACE. HUGE PRIMARY SUITE, GORGEOUS UPDATED BATH OFFERS JETTED TUB. ALL BEDRMS. HAVE BEAUTIFUL HARDWOOD FLOORING, HARDWOOD UNDER CARPET IN HALLWAY. NEW FURNACE(2025) NEW SUMP PUMP (2 YRS. APPROX) SIX PANELS DOORS C/A, CELING FANS. WASHER & DRYER INCLUDED. ALL WITHIN WALKING DISTANCE TO ELEMENTARY SCHOOL, NEIGHBORHOOD PARK & I-75 & M-59 FREEWAYS FOR EASY COMMUTE.

Key facts

  • Natural lighting
  • Upgraded sink
  • Built in dishwasher

Tags

UPDATED KITCHENGRANITE COUNTERUPGRADED SINKBUILT IN DISHWASHERNATURAL LIGHTINGPRIMARY SUITE

Property features AI

Finance

  • HOA & community: Homeowners association present

Exterior

  • Parking: Attached 2-car garage
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; Two levels
  • Construction: Brick and vinyl siding exterior; Slab foundation
  • Exterior features: Lot with irregular dimensions (91 x 91 x 51 x 109); Approximately 0.16 acre lot

Interior

  • Bathrooms: One full bathroom; One half bathroom
  • Heating & cooling: Forced air heating (natural gas); Central air conditioning; Ceiling fans
  • Interior features: Fireplace in the family room; Gas water heater; Seven total rooms

Neighborhood map

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

What this means for you Summary

Snapshot

  • This is a 4-bed/1.5-bath single-family listed at $287k.

Deal economics

  • At list price, monthly cash flow is $159 ($2k/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 $268k (6.6% below list).
  • Recommended offer: $268k (6.6% below list) — sets the bar for 1% rule.
  • Cap rate 7.0% vs local median 4.4% in Auburn Hills — 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 76/100 on livability (#151 in MI, #3,766 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D+, schools D, amenities F.
  • Avondale School District (suburban): math 34% / reading 48% proficiency, ranked #162 of 540 in MI (top 30%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents soft (-2.3%/yr); 107 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
  • This rent runs 38% of the median local income ($85k/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 $9k of value loss. Plan a longer hold.
  • Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 35 days — a 3% lower offer ($278k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 5y 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 $190k; list at $287k implies a 51% gain — meaningful room to come down on a strong offer.
Recommended offer $268,006 (6.6% below list)

Questions for the listing agent

  1. It's been on market 35 days. Have you received any prior offers? Is the seller open to a 7% concession, seller financing, or rate buy-down credit?
  2. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. 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?
  6. 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?
  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
0.93%
Cap rate
6.96%
Cash-on-cash
2.37%
DSCR
1.11
GRM
8.9

CMA / ARV

ARV (median comp)
$290,000
List price
$287,000
Delta
-1.03%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
669 Provincetown Rd 0.05mi 4/1.5 1,598 (-2%) 3mo $230,000 $144 92
676 Ashburnham St 0.10mi 4/1.5 1,647 (+1%) 13mo $261,000 $158 82
774 Southampton Ct 0.19mi 3/1.5 (-1) 1,628 (+0%) 7mo $301,000 $185 80
855 Provincetown Rd 0.25mi 4/2.5 1,585 (-2%) 6mo $327,500 $207 75
642 Provincetown Rd 0.11mi 3/2.0 (-1) 1,740 (+7%) 5mo $290,000 $167 72
607 Ashburnham St 0.18mi 4/1.5 1,750 (+8%) 10mo $322,000 $184 71
750 Southampton Ct 0.23mi 3/1.5 (-1) 1,768 (+9%) 1mo $303,000 $171 69
697 Hamlet Rd 0.33mi 3/1.5 (-1) 1,568 (-4%) 11mo $300,000 $191 64
2551 Crofthill Dr 0.20mi 3/2.5 (-1) 1,812 (+11%) 4mo $299,000 $165 59
421 S Opdyke Rd 0.44mi 4/1.0 1,778 (+9%) 10mo $243,000 $137 53
2591 Hempstead Rd 0.38mi 3/1.5 (-1) 1,411 (-13%) 4mo $305,000 $216 52
2042 Oaknoll St 0.34mi 3/2.5 (-1) 1,501 (-8%) 12mo $458,500 $305 52

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
-15.9%
Equity multiple
0.45×
Total profit
$-44,216
Equity at exit
$42,793
10-year hold
IRR
-13.8%
Equity multiple
0.31×
Total profit
$-55,723
Equity at exit
$24,815

Cash invested: $80,360 (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 48326

Rents YoY
-2.3%
Active inventory
107
Price-to-rent
8.9×

Monthly cashflow live

Estimated rent
$2,680 medium interval (Pro) →
Mortgage (P&I)
$1,505
Tax from tax record
$334 /mo · $4,005/yr
Insurance
$120
HOA
$0
Vacancy / Maint / Mgmt
$563
Net cashflow
$159

Break-even live

Break-even rent $2,479
Max offer price $287,000
Occupancy floor 89%

Sensitivity live

Price -10% $321 -5% $240 +0% $159 +5% $78 +10% $-4
Rent -10% $-53 -5% $53 +0% $159 +5% $265 +10% $371
Rate -1.0pp $303 -0.5pp $232 base $159 +0.5pp $85 +1.0pp $9

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
$71,750
Closing costs
$8,610
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 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
676 Sheffield Rd Auburn Hills, MI 3.0 1.5 1421 $2,495 $1.76 0d 1 0.33mi
3200 South Blvd Bloomfield Hills, MI 2.0–3.0 2.0 1782 $4,250 $2.38 0d 1 1.06mi

Listing history 28 events

  1. 2026-06-18
    days on market $287,000 Active 35 DOM
  2. 2026-06-17
    days on market $287,000 Active 34 DOM
  3. 2026-06-16
    days on market $287,000 Active 33 DOM
  4. 2026-06-15
    days on market $287,000 Active 32 DOM
  5. 2026-06-13
    days on market $287,000 Active 30 DOM
  6. 2026-06-13
    days on market $287,000 Active 29 DOM
  7. 2026-06-09
    days on market $287,000 Active 26 DOM
  8. 2026-06-08
    days on market $287,000 Active 25 DOM
  9. 2026-06-07
    days on market $287,000 Active 24 DOM
  10. 2026-06-04
    days on market $287,000 Active 21 DOM
  11. 2026-06-03
    days on market $287,000 Active 20 DOM
  12. 2026-06-02
    pricedays on market $287,000 Active 19 DOM
    Show marketing remark (721 chars)

    IMMEDIATE OCCUPANCY ON THIS SPACIOUS BLOOMFIELD ORCHARDS IN AVONDALE SCHOOLS. LOVELY UPDATED KITCHEN OFFERS NEW CABINETS, GRANITE COUNTER, UPGRADED SINK, BLT IN DISHWASHER & MICROWAVE, REFRIG & RANGE INCLUDED. STUNNING NEW FLOORING THOUGHOUT ENTRY LEVEL. LARGE FAMILY RM. OFFER FABULOUS NATURAL LIGHTING & GORGEOUS FIREPLACE. HUGE PRIMARY SUITE, GORGEOUS UPDATED BATH OFFERS JETTED TUB. ALL BEDRMS. HAVE BEAUTIFUL HARDWOOD FLOORING, HARDWOOD UNDER CARPET IN HALLWAY. NEW FURNACE(2025) NEW SUMP PUMP (2 YRS. APPROX) SIX PANELS DOORS C/A, CELING FANS. WASHER & DRYER INCLUDED. ALL WITHIN WALKING DISTANCE TO ELEMENTARY SCHOOL, NEIGHBORHOOD PARK & I-75 & M-59 FREEWAYS FOR EASY COMMUTE.

  13. 2026-06-01
    days on market $292,900 Active 18 DOM
  14. 2026-05-31
    days on market $292,900 Active 17 DOM
  15. 2026-05-14
    listed $292,900 Active 721-char remark
    Show marketing remark (721 chars)

    IMMEDIATE OCCUPANCY ON THIS SPACIOUS BLOOMFIELD ORCHARDS IN AVONDALE SCHOOLS. LOVELY UPDATED KITCHEN OFFERS NEW CABINETS, GRANITE COUNTER, UPGRADED SINK, BLT IN DISHWASHER & MICROWAVE, REFRIG & RANGE INCLUDED. STUNNING NEW FLOORING THOUGHOUT ENTRY LEVEL. LARGE FAMILY RM. OFFER FABULOUS NATURAL LIGHTING & GORGEOUS FIREPLACE. HUGE PRIMARY SUITE, GORGEOUS UPDATED BATH OFFERS JETTED TUB. ALL BEDRMS. HAVE BEAUTIFUL HARDWOOD FLOORING, HARDWOOD UNDER CARPET IN HALLWAY. NEW FURNACE(2025) NEW SUMP PUMP (2 YRS. APPROX) SIX PANELS DOORS C/A, CELING FANS. WASHER & DRYER INCLUDED. ALL WITHIN WALKING DISTANCE TO ELEMENTARY SCHOOL, NEIGHBORHOOD PARK & I-75 & M-59 FREEWAYS FOR EASY COMMUTE.

  16. 2026-05-14
    listed $292,900 Active 721-char remark
    Show marketing remark (721 chars)

    IMMEDIATE OCCUPANCY ON THIS SPACIOUS BLOOMFIELD ORCHARDS IN AVONDALE SCHOOLS. LOVELY UPDATED KITCHEN OFFERS NEW CABINETS, GRANITE COUNTER, UPGRADED SINK, BLT IN DISHWASHER & MICROWAVE, REFRIG & RANGE INCLUDED. STUNNING NEW FLOORING THOUGHOUT ENTRY LEVEL. LARGE FAMILY RM. OFFER FABULOUS NATURAL LIGHTING & GORGEOUS FIREPLACE. HUGE PRIMARY SUITE, GORGEOUS UPDATED BATH OFFERS JETTED TUB. ALL BEDRMS. HAVE BEAUTIFUL HARDWOOD FLOORING, HARDWOOD UNDER CARPET IN HALLWAY. NEW FURNACE(2025) NEW SUMP PUMP (2 YRS. APPROX) SIX PANELS DOORS C/A, CELING FANS. WASHER & DRYER INCLUDED. ALL WITHIN WALKING DISTANCE TO ELEMENTARY SCHOOL, NEIGHBORHOOD PARK & I-75 & M-59 FREEWAYS FOR EASY COMMUTE.

  17. 2021-03-30
    soldstatus $190,000
  18. 2021-03-22
    soldstatus $190,000 Sold
    Show marketing remark (671 chars)

    Welcome home! This spacious Bloomfield Orchard's home is just a short walk to the elementary school, neighborhood park, pavilion, and walking trail. The lower level features a large living room, Great room, dining area, and kitchen. The living room's natural light and natural fireplace are very inviting. The dining area will fit a large table, perfect for gatherings and game nights. The Kitchen has plenty of counter space. All bedrooms feature hardwood floors and plenty of room to spread out with great closet space. The main bath has been completely renovated with beautiful tiles and lines. This is your chance to own a beautiful home in Bloomfield Orchards! BTVAI

  19. 2021-03-22
    soldstatus $190,000 Closed
    Show marketing remark (671 chars)

    Welcome home! This spacious Bloomfield Orchard's home is just a short walk to the elementary school, neighborhood park, pavilion, and walking trail. The lower level features a large living room, Great room, dining area, and kitchen. The living room's natural light and natural fireplace are very inviting. The dining area will fit a large table, perfect for gatherings and game nights. The Kitchen has plenty of counter space. All bedrooms feature hardwood floors and plenty of room to spread out with great closet space. The main bath has been completely renovated with beautiful tiles and lines. This is your chance to own a beautiful home in Bloomfield Orchards! BTVAI

  20. 2021-02-02
    status Pending
    Show marketing remark (671 chars)

    Welcome home! This spacious Bloomfield Orchard's home is just a short walk to the elementary school, neighborhood park, pavilion, and walking trail. The lower level features a large living room, Great room, dining area, and kitchen. The living room's natural light and natural fireplace are very inviting. The dining area will fit a large table, perfect for gatherings and game nights. The Kitchen has plenty of counter space. All bedrooms feature hardwood floors and plenty of room to spread out with great closet space. The main bath has been completely renovated with beautiful tiles and lines. This is your chance to own a beautiful home in Bloomfield Orchards! BTVAI

  21. 2021-02-02
    status Pending
    Show marketing remark (671 chars)

    Welcome home! This spacious Bloomfield Orchard's home is just a short walk to the elementary school, neighborhood park, pavilion, and walking trail. The lower level features a large living room, Great room, dining area, and kitchen. The living room's natural light and natural fireplace are very inviting. The dining area will fit a large table, perfect for gatherings and game nights. The Kitchen has plenty of counter space. All bedrooms feature hardwood floors and plenty of room to spread out with great closet space. The main bath has been completely renovated with beautiful tiles and lines. This is your chance to own a beautiful home in Bloomfield Orchards! BTVAI

  22. 2021-01-31
    listed $186,500 Active
    Show marketing remark (671 chars)

    Welcome home! This spacious Bloomfield Orchard's home is just a short walk to the elementary school, neighborhood park, pavilion, and walking trail. The lower level features a large living room, Great room, dining area, and kitchen. The living room's natural light and natural fireplace are very inviting. The dining area will fit a large table, perfect for gatherings and game nights. The Kitchen has plenty of counter space. All bedrooms feature hardwood floors and plenty of room to spread out with great closet space. The main bath has been completely renovated with beautiful tiles and lines. This is your chance to own a beautiful home in Bloomfield Orchards! BTVAI

  23. 2021-01-31
    listed $186,500 Active
    Show marketing remark (671 chars)

    Welcome home! This spacious Bloomfield Orchard's home is just a short walk to the elementary school, neighborhood park, pavilion, and walking trail. The lower level features a large living room, Great room, dining area, and kitchen. The living room's natural light and natural fireplace are very inviting. The dining area will fit a large table, perfect for gatherings and game nights. The Kitchen has plenty of counter space. All bedrooms feature hardwood floors and plenty of room to spread out with great closet space. The main bath has been completely renovated with beautiful tiles and lines. This is your chance to own a beautiful home in Bloomfield Orchards! BTVAI

  24. 2021-01-28
    historical $186,500
    Show marketing remark (671 chars)

    Welcome home! This spacious Bloomfield Orchard's home is just a short walk to the elementary school, neighborhood park, pavilion, and walking trail. The lower level features a large living room, Great room, dining area, and kitchen. The living room's natural light and natural fireplace are very inviting. The dining area will fit a large table, perfect for gatherings and game nights. The Kitchen has plenty of counter space. All bedrooms feature hardwood floors and plenty of room to spread out with great closet space. The main bath has been completely renovated with beautiful tiles and lines. This is your chance to own a beautiful home in Bloomfield Orchards! BTVAI

  25. 2021-01-28
    historical $186,500
    Show marketing remark (671 chars)

    Welcome home! This spacious Bloomfield Orchard's home is just a short walk to the elementary school, neighborhood park, pavilion, and walking trail. The lower level features a large living room, Great room, dining area, and kitchen. The living room's natural light and natural fireplace are very inviting. The dining area will fit a large table, perfect for gatherings and game nights. The Kitchen has plenty of counter space. All bedrooms feature hardwood floors and plenty of room to spread out with great closet space. The main bath has been completely renovated with beautiful tiles and lines. This is your chance to own a beautiful home in Bloomfield Orchards! BTVAI

  26. 1992-07-14
    soldstatus $86,000
  27. 1989-11-07
    soldstatus $79,000
  28. 1988-11-01
    soldstatus $80,000

ⓘ 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
$4,005 · $334/mo
Projected year-2 tax
$4,212 · $351/mo
Expected delta
+$208/yr (+$17/mo · 5.2%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 2/10 Low 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$32,161
− Mortgage interest
−$16,076
− Property taxes
−$4,005
− Insurance
−$1,435
− Repairs & maintenance
−$2,573
− Management
−$2,573
− Depreciation
−$8,349
Taxable loss
−$2,850
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$684
After-tax cash flow
$2,591/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
Avondale School District
NCES district ID
2603690
Math proficiency
34% ▼ -8.00%
Reading proficiency
48% ▼ -4.00%
Median HH income
$71,549
Composite
37.33/100
National rank
#4442
State rank
#162 of 540 in MI

Livability — Auburn Hills

Score
76/100
State rank
#151
US rank
#3766

Category grades

Amenities F Commute A+ Cost of living A+ Crime D+ Employment B Housing A+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Auburn Hills, MI
County
Oakland County · 1,009,092 people
City population
24,514
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
24,514
Household income
$85,190
Rent vs Own
48.3% rent · 51.7% own
Severe rent burden
986.0

Population outlook (Oakland County) Hauer SSP2

Today (2025)
1,335,747 people
By 2030
1,375,100 · +2.9%
By 2040
1,435,385 · +7.5%
By 2050
1,469,250 · +10.0%
By 2075
1,531,946 · +14.7%
By 2100
1,450,485 · +8.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.64)
Race & ethnicity
White 56% Asian 15% Black 11% Hispanic / Latino 11% Two or more races 11%
Hispanic origin (detail)
Mexican 7% Puerto Rican 2%
Common ancestry
Romanian 6% Slovak 2% Lithuanian 2%
Foreign-born
19% · Canada, China, Jamaica
Languages at home
76% English-only · Spanish 8% Other Indo-European 6% Other Asian/Pacific 4%

Political lean MEDSL · Oakland

2024 margin
D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
2008→2024 swing
-3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
All cycles
2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -298.32%
Current HPI
178.7685
Rent YoY
▼ -2.27%
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

+258.8% since first listed
16 events — show timeline
  • 2026-06-02 Price Changed $287,000 MiRealSource-MiMLS
  • 2026-06-02 Price Changed $287,000 REALCOMP
  • 2026-05-14 Listed $292,900 REALCOMP
  • 2026-05-14 Listed $292,900 MiRealSource-MiMLS
  • 2021-03-30 Sold (Public Records) $190,000 Public Records
  • 2021-03-22 Sold (MLS) $190,000 MiRealSource-MiMLS
  • 2021-03-22 Sold (MLS) $190,000 REALCOMP
  • 2021-02-02 Pending MiRealSource-MiMLS
  • 2021-02-02 Pending REALCOMP
  • 2021-01-31 Listed $186,500 MiRealSource-MiMLS
  • 2021-01-31 Listed $186,500 REALCOMP
  • 2021-01-28 Coming Soon $186,500 MiRealSource-MiMLS
  • 2021-01-28 Coming Soon $186,500 REALCOMP
  • 1992-07-14 Sold (Public Records) $86,000 Public Records
  • 1989-11-07 Sold (Public Records) $79,000 Public Records
  • 1988-11-01 Sold (Public Records) $80,000 Public Records

Property tax history

+8.5%/yr

Latest (2025): $4,005 · +2.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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