6312 Square Lake Dr · Kimball, MI 48074

$84,900

2 bd · 2.0 ba · 1,050 sqft · Other · 97 Days on market

Built 2023 $81/sqft · 440% above area

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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 +27.0/30.0
• DSCR +9.3/10.0
• ARV discount +7.5/15.0
• 1% rule +7.3/10.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this beautifully maintained 2023 single-wide manufactured home located in the desirable “The Lakes” community in Kimball Township. Situated on a peaceful wooded lot, this home offers modern living with a quiet, nature-filled setting. Built in 2023, this home features approximately 1,050 sq ft with 2 bedrooms and 2 full bathrooms, offering a bright open-concept layout perfect for everyday living and entertaining. The spacious kitchen includes a center island, modern cabinetry, and stainless-steel appliances, opening directly into the comfortable living area. The primary suite features its own private full bath and generous closet space, while the second bedroom and full bath provide flexibility for guests or a home office. Convenient first-floor laundry adds to the functionality of the home. Located in The Lakes manufactured home community, residents enjoy a wide range of amenities including beautiful ponds and inland lakes, a swimming pool, clubhouse, fitness center, library, recreational facilities, playground, and organized social activities. The community also features paved streets, sidewalks, and boat/RV storage, creating a well-maintained and active neighborhood environment. Enjoy peaceful surroundings while still being just minutes from Port Huron shopping, dining, and major roadways. This nearly new home offers the perfect combination of modern comfort, community amenities, and natural beauty.

Key facts

• Modern cabinetry
• Peaceful wooded lot
• Spacious kitchen

Tags

• PEACEFUL WOODED LOT
• OPEN-CONCEPT LAYOUT
• SPACIOUS KITCHEN
• CENTER ISLAND
• MODERN CABINETRY
• STAINLESS-STEEL APPLIANCES

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath other listed at $85k.

Deal economics

• At list price, monthly cash flow is $237 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $77k (9.0% 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.
• Port Huron Area School District (suburban): math 23% / reading 37% proficiency, ranked #368 of 540 in MI (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 68 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 232 units permitted in St. Clair County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $587 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• St. Clair County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $24k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 97 days — a 9% lower offer ($77k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 3y ago; this cycle's ask has dropped $24k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $77,259 (9.0% below list)

Questions for the listing agent

1. It's been on market 97 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 1.23% ✓
• Cap rate: 9.65%
• Cash-on-cash: 11.99%
• DSCR: 1.53
• GRM: 6.8

CMA / ARV

• ARV (median comp): $15,705
• List price: $84,900
• Delta: 440.59%
• Verdict: OVERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 1.5%
• Equity multiple: 1.06×
• Total profit: $1,385
• Equity at exit: $12,659

10-year hold

• IRR: 11.1%
• Equity multiple: 1.87×
• Total profit: $20,747
• Equity at exit: $7,341

Cash invested: $23,772 (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.

Methodology + full state rankings →

ZIP-level market 48074

• Home prices YoY: -23.9%
• Active inventory: 68
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,043 medium
• Mortgage (P&I): −$445
• Tax est. 1.5%: −$106 /mo · $1,274/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$219
• Net cashflow: $237

Break-even live

Break-even rent $743

Max offer price $84,900

Occupancy floor 72%

Sensitivity live

Price	-10% $296	-5% $267	+0% $237	+5% $208	+10% $179
Rent	-10% $155	-5% $196	+0% $237	+5% $279	+10% $320
Rate	-1.0pp $280	-0.5pp $259	base $237	+0.5pp $215	+1.0pp $193

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: $21,225
• Closing costs: $2,547
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5586 Lapeer Rd Unit C-11 Kimball, MI	1.0	1.0	1000	$900	$0.90	11d	1	0.78mi
5584 Lapeer Rd Unit D-2 Smiths Creek, MI	2.0	1.0	1200	$1,200	$1.00	0d	1	0.79mi

Listing history 34 events

1. 2026-06-18
   days on market $84,900 Active 97 DOM
2. 2026-06-17
   days on market $84,900 Active 96 DOM
3. 2026-06-16
   days on market $84,900 Active 95 DOM
4. 2026-06-15
   days on market $84,900 Active 94 DOM
5. 2026-06-13
   days on market $84,900 Active 92 DOM
6. 2026-06-13
   days on market $84,900 Active 91 DOM
7. 2026-06-09
   days on market $84,900 Active 88 DOM
8. 2026-06-08
   days on market $84,900 Active 87 DOM
9. 2026-06-07
   days on market $84,900 Active 86 DOM
10. 2026-06-04
    days on market $84,900 Active 83 DOM
11. 2026-06-03
    days on market $84,900 Active 82 DOM
12. 2026-06-02
    days on market $84,900 Active 81 DOM
13. 2026-06-01
    days on market $84,900 Active 80 DOM
14. 2026-06-01
    price $84,900 Active 79 DOM
15. 2026-05-31
    days on market $94,900 Active 79 DOM
16. 2026-05-07
    price $94,900 1447-char remark

    Show marketing remark (1447 chars)

    Welcome to this beautifully maintained 2023 single-wide manufactured home located in the desirable “The Lakes” community in Kimball Township. Situated on a peaceful wooded lot, this home offers modern living with a quiet, nature-filled setting. Built in 2023, this home features approximately 1,050 sq ft with 2 bedrooms and 2 full bathrooms, offering a bright open-concept layout perfect for everyday living and entertaining. The spacious kitchen includes a center island, modern cabinetry, and stainless-steel appliances, opening directly into the comfortable living area. The primary suite features its own private full bath and generous closet space, while the second bedroom and full bath provide flexibility for guests or a home office. Convenient first-floor laundry adds to the functionality of the home. Located in The Lakes manufactured home community, residents enjoy a wide range of amenities including beautiful ponds and inland lakes, a swimming pool, clubhouse, fitness center, library, recreational facilities, playground, and organized social activities. The community also features paved streets, sidewalks, and boat/RV storage, creating a well-maintained and active neighborhood environment. Enjoy peaceful surroundings while still being just minutes from Port Huron shopping, dining, and major roadways. This nearly new home offers the perfect combination of modern comfort, community amenities, and natural beauty.

17. 2026-05-06
    price $94,900 1446-char remark

    Show marketing remark (1446 chars)

    Welcome to this beautifully maintained 2023 single-wide manufactured home located in the desirable "The Lakes" community in Kimball Township. Situated on a peaceful wooded lot, this home offers modern living with a quiet, nature-filled setting. Built in 2023, this home features approximately 1,050 sq ft with 2 bedrooms and 2 full bathrooms, offering a bright open-concept layout perfect for everyday living and entertaining. The spacious kitchen includes a center island, modern cabinetry, and stainless-steel appliances, opening directly into the comfortable living area. The primary suite features its own private full bath and generous closet space, while the second bedroom and full bath provide flexibility for guests or a home office. Convenient first-floor laundry adds to the functionality of the home. Located in The Lakes manufactured home community, residents enjoy a wide range of amenities including beautiful ponds and inland lakes, a swimming pool, clubhouse, fitness center, library, recreational facilities, playground, and organized social activities. The community also features paved streets, sidewalks, and boat/RV storage, creating a well-maintained and active neighborhood environment. Enjoy peaceful surroundings while still being just minutes from Port Huron shopping, dining, and major roadways. This nearly new home offers the perfect combination of modern comfort, community amenities, and natural beauty.

18. 2026-04-17
    price $97,900 1447-char remark

    Show marketing remark (1446 chars)

    Welcome to this beautifully maintained 2023 single-wide manufactured home located in the desirable "The Lakes" community in Kimball Township. Situated on a peaceful wooded lot, this home offers modern living with a quiet, nature-filled setting. Built in 2023, this home features approximately 1,050 sq ft with 2 bedrooms and 2 full bathrooms, offering a bright open-concept layout perfect for everyday living and entertaining. The spacious kitchen includes a center island, modern cabinetry, and stainless-steel appliances, opening directly into the comfortable living area. The primary suite features its own private full bath and generous closet space, while the second bedroom and full bath provide flexibility for guests or a home office. Convenient first-floor laundry adds to the functionality of the home. Located in The Lakes manufactured home community, residents enjoy a wide range of amenities including beautiful ponds and inland lakes, a swimming pool, clubhouse, fitness center, library, recreational facilities, playground, and organized social activities. The community also features paved streets, sidewalks, and boat/RV storage, creating a well-maintained and active neighborhood environment. Enjoy peaceful surroundings while still being just minutes from Port Huron shopping, dining, and major roadways. This nearly new home offers the perfect combination of modern comfort, community amenities, and natural beauty.

19. 2026-04-17
    price $97,900 1446-char remark

    Show marketing remark (1446 chars)

    Welcome to this beautifully maintained 2023 single-wide manufactured home located in the desirable "The Lakes" community in Kimball Township. Situated on a peaceful wooded lot, this home offers modern living with a quiet, nature-filled setting. Built in 2023, this home features approximately 1,050 sq ft with 2 bedrooms and 2 full bathrooms, offering a bright open-concept layout perfect for everyday living and entertaining. The spacious kitchen includes a center island, modern cabinetry, and stainless-steel appliances, opening directly into the comfortable living area. The primary suite features its own private full bath and generous closet space, while the second bedroom and full bath provide flexibility for guests or a home office. Convenient first-floor laundry adds to the functionality of the home. Located in The Lakes manufactured home community, residents enjoy a wide range of amenities including beautiful ponds and inland lakes, a swimming pool, clubhouse, fitness center, library, recreational facilities, playground, and organized social activities. The community also features paved streets, sidewalks, and boat/RV storage, creating a well-maintained and active neighborhood environment. Enjoy peaceful surroundings while still being just minutes from Port Huron shopping, dining, and major roadways. This nearly new home offers the perfect combination of modern comfort, community amenities, and natural beauty.

20. 2026-03-26
    price $99,900 1447-char remark

    Show marketing remark (1446 chars)

    Welcome to this beautifully maintained 2023 single-wide manufactured home located in the desirable "The Lakes" community in Kimball Township. Situated on a peaceful wooded lot, this home offers modern living with a quiet, nature-filled setting. Built in 2023, this home features approximately 1,050 sq ft with 2 bedrooms and 2 full bathrooms, offering a bright open-concept layout perfect for everyday living and entertaining. The spacious kitchen includes a center island, modern cabinetry, and stainless-steel appliances, opening directly into the comfortable living area. The primary suite features its own private full bath and generous closet space, while the second bedroom and full bath provide flexibility for guests or a home office. Convenient first-floor laundry adds to the functionality of the home. Located in The Lakes manufactured home community, residents enjoy a wide range of amenities including beautiful ponds and inland lakes, a swimming pool, clubhouse, fitness center, library, recreational facilities, playground, and organized social activities. The community also features paved streets, sidewalks, and boat/RV storage, creating a well-maintained and active neighborhood environment. Enjoy peaceful surroundings while still being just minutes from Port Huron shopping, dining, and major roadways. This nearly new home offers the perfect combination of modern comfort, community amenities, and natural beauty.

21. 2026-03-26
    price $99,900 1446-char remark

    Show marketing remark (1446 chars)

    Welcome to this beautifully maintained 2023 single-wide manufactured home located in the desirable "The Lakes" community in Kimball Township. Situated on a peaceful wooded lot, this home offers modern living with a quiet, nature-filled setting. Built in 2023, this home features approximately 1,050 sq ft with 2 bedrooms and 2 full bathrooms, offering a bright open-concept layout perfect for everyday living and entertaining. The spacious kitchen includes a center island, modern cabinetry, and stainless-steel appliances, opening directly into the comfortable living area. The primary suite features its own private full bath and generous closet space, while the second bedroom and full bath provide flexibility for guests or a home office. Convenient first-floor laundry adds to the functionality of the home. Located in The Lakes manufactured home community, residents enjoy a wide range of amenities including beautiful ponds and inland lakes, a swimming pool, clubhouse, fitness center, library, recreational facilities, playground, and organized social activities. The community also features paved streets, sidewalks, and boat/RV storage, creating a well-maintained and active neighborhood environment. Enjoy peaceful surroundings while still being just minutes from Port Huron shopping, dining, and major roadways. This nearly new home offers the perfect combination of modern comfort, community amenities, and natural beauty.

22. 2026-03-13
    listed $109,000 Active 1447-char remark

    Show marketing remark (1446 chars)

    Welcome to this beautifully maintained 2023 single-wide manufactured home located in the desirable "The Lakes" community in Kimball Township. Situated on a peaceful wooded lot, this home offers modern living with a quiet, nature-filled setting. Built in 2023, this home features approximately 1,050 sq ft with 2 bedrooms and 2 full bathrooms, offering a bright open-concept layout perfect for everyday living and entertaining. The spacious kitchen includes a center island, modern cabinetry, and stainless-steel appliances, opening directly into the comfortable living area. The primary suite features its own private full bath and generous closet space, while the second bedroom and full bath provide flexibility for guests or a home office. Convenient first-floor laundry adds to the functionality of the home. Located in The Lakes manufactured home community, residents enjoy a wide range of amenities including beautiful ponds and inland lakes, a swimming pool, clubhouse, fitness center, library, recreational facilities, playground, and organized social activities. The community also features paved streets, sidewalks, and boat/RV storage, creating a well-maintained and active neighborhood environment. Enjoy peaceful surroundings while still being just minutes from Port Huron shopping, dining, and major roadways. This nearly new home offers the perfect combination of modern comfort, community amenities, and natural beauty.

23. 2026-03-13
    listed $109,000 Active 1446-char remark

    Show marketing remark (1446 chars)

    Welcome to this beautifully maintained 2023 single-wide manufactured home located in the desirable "The Lakes" community in Kimball Township. Situated on a peaceful wooded lot, this home offers modern living with a quiet, nature-filled setting. Built in 2023, this home features approximately 1,050 sq ft with 2 bedrooms and 2 full bathrooms, offering a bright open-concept layout perfect for everyday living and entertaining. The spacious kitchen includes a center island, modern cabinetry, and stainless-steel appliances, opening directly into the comfortable living area. The primary suite features its own private full bath and generous closet space, while the second bedroom and full bath provide flexibility for guests or a home office. Convenient first-floor laundry adds to the functionality of the home. Located in The Lakes manufactured home community, residents enjoy a wide range of amenities including beautiful ponds and inland lakes, a swimming pool, clubhouse, fitness center, library, recreational facilities, playground, and organized social activities. The community also features paved streets, sidewalks, and boat/RV storage, creating a well-maintained and active neighborhood environment. Enjoy peaceful surroundings while still being just minutes from Port Huron shopping, dining, and major roadways. This nearly new home offers the perfect combination of modern comfort, community amenities, and natural beauty.

24. 2026-03-13
    historical

    Show marketing remark (1446 chars)

    Welcome to this beautifully maintained 2023 single-wide manufactured home located in the desirable "The Lakes" community in Kimball Township. Situated on a peaceful wooded lot, this home offers modern living with a quiet, nature-filled setting. Built in 2023, this home features approximately 1,050 sq ft with 2 bedrooms and 2 full bathrooms, offering a bright open-concept layout perfect for everyday living and entertaining. The spacious kitchen includes a center island, modern cabinetry, and stainless-steel appliances, opening directly into the comfortable living area. The primary suite features its own private full bath and generous closet space, while the second bedroom and full bath provide flexibility for guests or a home office. Convenient first-floor laundry adds to the functionality of the home. Located in The Lakes manufactured home community, residents enjoy a wide range of amenities including beautiful ponds and inland lakes, a swimming pool, clubhouse, fitness center, library, recreational facilities, playground, and organized social activities. The community also features paved streets, sidewalks, and boat/RV storage, creating a well-maintained and active neighborhood environment. Enjoy peaceful surroundings while still being just minutes from Port Huron shopping, dining, and major roadways. This nearly new home offers the perfect combination of modern comfort, community amenities, and natural beauty.

25. 2026-03-07
    listed $109,900 Active
26. 2026-03-07
    listed $109,900 Active
27. 2024-03-20
    soldstatus $93,000 Sold
28. 2024-03-20
    soldstatus $93,000
29. 2024-03-20
    soldstatus $93,000 Closed
30. 2024-03-18
    status Pending
31. 2024-03-18
    status Pending
32. 2023-12-03
    listed $90,000 Active
33. 2023-12-02
    listed $90,000
34. 2023-12-02
    listed $90,000 Active

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

Taxation est. · year 1

• Rental income: $12,520
• − Mortgage interest: −$4,756
• − Property taxes: −$1,274
• − Insurance: −$424
• − Repairs & maintenance: −$1,002
• − Management: −$1,002
• − Depreciation: −$2,470
• Taxable income: $1,593
• Est. tax owed @ 24.0%: −$382
• After-tax cash flow: $2,468/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: Port Huron Area School District
• NCES district ID: 2628830
• Math proficiency: 23% ▼ -5.00%
• Reading proficiency: 37% ▼ -2.00%
• Median HH income: $42,093
• Composite: 25.4/100
• National rank: #7462
• State rank: #368 of 540 in MI

Livability — Kimball

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Population (ZIP): 9,617

Population outlook (St. Clair County) Hauer SSP2

• Today (2025): 154,587 people
• By 2030: 150,031 · -2.9%
• By 2040: 138,177 · -10.6%
• By 2050: 124,390 · -19.5%
• By 2075: 95,825 · -38.0%
• By 2100: 68,672 · -55.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 6% Two or more races 6%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Romanian 12% Lithuanian 6% Slovak 3%
• Foreign-born: 1% · Canada
• Languages at home: 97% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · St. Clair

• 2024 margin: Solid R (+34.6) · D 32.0% · R 66.6% · Other 1.4%
• 2008→2024 swing: -37.3pp toward R · 2008: 2.6pp · 2024: -34.6pp
• All cycles: 2024: R+34.6 2020: R+30.2 2016: R+31.4 2012: R+7.1 2008: D+2.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -58.46%
• Current HPI: 185.633
• Rent YoY: —
• Metro: —
• 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

+5.4% since first listed

19 events — show timeline

• 2026-05-07 Price Changed $94,900 MiRealSource-MiMLS
• 2026-05-06 Price Changed $94,900 REALCOMP
• 2026-04-17 Price Changed $97,900 MiRealSource-MiMLS
• 2026-04-17 Price Changed $97,900 REALCOMP
• 2026-03-26 Price Changed $99,900 MiRealSource-MiMLS
• 2026-03-26 Price Changed $99,900 REALCOMP
• 2026-03-13 Listing Removed — MiRealSource-MiMLS
• 2026-03-13 Listed $109,000 REALCOMP
• 2026-03-13 Listed $109,000 MiRealSource-MiMLS
• 2026-03-07 Listed $109,900 REALCOMP
• 2026-03-07 Listed $109,900 MiRealSource-MiMLS
• 2024-03-20 Sold (MLS) $93,000 MiRealSource-MiMLS
• 2024-03-20 Sold (MLS) $93,000 MiRealSource-MiMLS
• 2024-03-20 Sold (MLS) $93,000 REALCOMP
• 2024-03-18 Pending — MiRealSource-MiMLS
• 2024-03-18 Pending — REALCOMP
• 2023-12-03 Listed $90,000 REALCOMP
• 2023-12-02 Listed $90,000 MiRealSource-MiMLS
• 2023-12-02 Listed $90,000 MiRealSource-MiMLS