197 Jay St · Dearborn Heights, MI 48127

$42,900

2 bd · 2.0 ba · 1,088 sqft · SingleFamily · 47 Days on market

Built 2016 Fair condition 4,356 sqft lot $39/sqft · 82% below area ↓ 22% since listing

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Schools +3.2/10.0
• Rent growth +2.6/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

MOTIVATED SELLER! Accessible, Upgraded Home in a Senior Living Community. Set in a welcoming senior community (residents must be at least 40 years old), this beautifully upgraded and fully accessible home is ideal for anyone with mobility needs. A new aluminum ramp with an awning provides easy, sheltered access through the front door. Step inside to find a spacious living room that opens to a galley-style kitchen and dining area. The kitchen is equipped with premium stainless steel appliances, including a French-door refrigerator, a nearly new stove, a Broan hood fan, microwave, and dishwasher. Enjoy clean, fresh water from the reverse osmosis system installed at the kitchen sink. The laundry room features a high-end Speed Queen commercial washer and dryer (just two years old), offering durability and performance. The primary suite provides comfort and convenience with a large closet and a luxurious, accessible en suite bathroom featuring a Jacuzzi-brand walk-in jetted tub, handheld shower, and a stylish Jacuzzi vanity with ample storage. Both bathrooms are designed with accessibility in mind, including tall toilets and a modified vanity in the second bath. The second bedroom is lined with built-in bookshelves - perfect for a home office, library, or craft room. Additional upgrades include 200-amp electrical service with abundant outlets throughout the home, and a storage shed with a roll-up garage door for added convenience. Lot rent is $720 a month. This thoughtfully designed home combines comfort, function, and accessibility - all in a friendly senior community. Immediate occupancy available!

Key facts

• Upgraded home
• Storage shed
• Built-in bookshelves

Tags

• UPGRADED HOME
• REVERSE OSMOSIS SYSTEM
• BUILT-IN BOOKSHELVES
• 200-AMP ELECTRICAL SERVICE
• STORAGE SHED

Property features AI

Finance

• HOA & community: Senior community

Exterior

• Parking: No garage
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Circuit breakers with 220V; Cable available; Underground utilities
• Home design: Single-family residence; One level; Ground-level entry; Vinyl siding; Facing not specified
• Construction: Asphalt roof; Vinyl siding construction; Pillar/post/pier foundation; Built/finished as one level
• Exterior features: Awning(s); Exterior lighting; Covered patio/porch; Shed(s); Paved private road (private maintained); Sidewalks

Interior

• Kitchen: Dishwasher; Disposal; Free-standing gas range; Range hood; Microwave; Free-standing refrigerator; Stainless steel appliances; Water purifier (owned)
• Bedrooms: Accessible bedroom
• Bathrooms: 2 full bathrooms; Accessible full bath; Therapeutic whirlpool
• Heating & cooling: Central air conditioning; Forced air heating; Natural gas heating
• Interior features: Entrance foyer; High-speed internet; Smart thermostat; Smoke detector(s)
• Laundry & utility: Laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $43k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $889 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $43k).
• Recommended offer: $42k (3.0% below list) — sets the bar for market timing.
• Cap rate 31.2% 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+.
• Crestwood School District (suburban): math 32% / reading 43% proficiency, ranked #242 of 540 in MI (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 143 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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 $297 of loan paydown is wiped out by about $1k 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.
• At projected returns (-3.0% appreciation + 0.4% rent growth), your $12k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 47 days — a 3% lower offer ($42k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $5k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $41,613 (3.0% below list)

Questions for the listing agent

1. It's been on market 47 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 3.50% ✓
• Cap rate: 31.16%
• Cash-on-cash: 88.80%
• DSCR: 4.95
• GRM: 2.4

CMA / ARV

• ARV (median comp): $236,036
• List price: $42,900
• Delta: -81.82%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6633 Shadowlawn St	0.18mi	3/2.0 (+1)	1,073 (-1%)	0mo	$285,000	$266	84
192 Jay St	0.05mi	2/1.0	1,000 (-8%)	2mo	$22,000	$22	79
7139 Centralia St	0.30mi	3/2.0 (+1)	1,053 (-3%)	7mo	$205,000	$195	70
7370 Amboy St	0.44mi	3/1.5 (+1)	1,116 (+3%)	0mo	$302,000	$271	68
25659 Baldwin St	0.51mi	3/1.5 (+1)	1,080 (-1%)	1mo	$281,000	$260	67
7479 N Charlesworth St	0.41mi	3/1.5 (+1)	1,116 (+3%)	4mo	$259,000	$232	66
26511 W Warren St	0.18mi	3/2.0 (+1)	1,216 (+12%)	8mo	$225,000	$185	60
26622 Hass St	0.35mi	2/1.5	1,230 (+13%)	0mo	$335,000	$272	60
27319 Kennedy St	0.71mi	3/1.5 (+1)	1,140 (+5%)	6mo	$225,000	$197	47
6894 N Gulley Rd	0.61mi	3/1.5 (+1)	999 (-8%)	6mo	$235,000	$235	46
6669 N Beech Daly Rd	0.36mi	3/1.0 (+1)	925 (-15%)	8mo	$205,000	$222	42
7014 Kinmore St	0.55mi	3/1.0 (+1)	960 (-12%)	7mo	$176,000	$183	40

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 · 0.41% rent growth · sell at horizon

5-year hold

• IRR: 86.5%
• Equity multiple: 4.82×
• Total profit: $45,876
• Equity at exit: $6,397

10-year hold

• IRR: 89.0%
• Equity multiple: 9.17×
• Total profit: $98,092
• Equity at exit: $3,709

Cash invested: $12,012 (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 48127

• Rents YoY: 0.4%
• Active inventory: 143
• Price-to-rent: 2.4×

Monthly cashflow live

• Estimated rent: $1,501 high
• Mortgage (P&I): −$225
• Tax est. 1.5%: −$54 /mo · $644/yr
• Insurance: −$18
• HOA: −$0
• Vacancy / Maint / Mgmt: −$315
• Net cashflow: $889

Break-even live

Break-even rent $375

Max offer price $42,900

Occupancy floor 36%

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: $10,725
• Closing costs: $1,287
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
181 Terri Dr Unit 181 Dearborn Heights, MI	2.0	2.0	840	$1,119	$1.33	4d	1	0.05mi
79 3rd St Unit 79 Dearborn Heights, MI	2.0	1.0	840	$1,339	$1.59	24d	1	0.11mi
26620 Baldwin St Dearborn Heights, MI	3.0	1.5	1156	$1,800	$1.56	1d	1	0.29mi
7014 Kinmore St Dearborn Heights, MI	3.0	1.0	960	$1,900	$1.98	21d	1	0.53mi
7080 Highview St Dearborn Heights, MI	3.0	2.5	1105	$2,000	$1.81	17d	1	0.66mi
6954 Inkster Rd Dearborn Heights, MI	1.0–2.0	1.0–1.5	837	$1,339	$1.60	2d	9	0.67mi
5722 Centralia St Dearborn Heights, MI	3.0	1.0	999	$1,750	$1.75	1d	1	0.76mi
7048 Deering St Garden City, MI	3.0	1.0	910	$1,500	$1.65	17d	1	0.91mi
6365 Helen St Garden City, MI	3.0	1.0	1195	$1,650	$1.38	10d	1	1.06mi
7215 Lathers St Westland, MI	1.0	1.0	836	$1,045	$1.25	24d	1	1.15mi
7435 Lathers St Westland, MI	3.0	1.0	1120	$1,900	$1.70	16d	1	1.18mi
5839 Helen St Garden City, MI	3.0	1.0	984	$1,500	$1.52	24d	1	1.18mi
27201 Canfield St W Dearborn Heights, MI	1.0–2.0	1.0–2.0	852	$1,499	$1.76	1d	22	1.21mi
7457 Harrison St Westland, MI	3.0	1.0	1120	$1,900	$1.70	1d	1	1.24mi
5927 Lathers St Garden City, MI	3.0	1.0	1000	$1,600	$1.60	1d	1	1.26mi
7484 Affeldt St Westland, MI	3.0	1.0	1120	$1,500	$1.34	24d	1	1.27mi
8402 Robindale Ave Dearborn Heights, MI	3.0	1.0	1190	$1,600	$1.34	14d	1	1.27mi
7420 Drexel St Dearborn Heights, MI	2.0	1.0	1080	$1,700	$1.57	43d	1	1.27mi
7420 Drexel St Dearborn Heights, MI	2.0	1.0	1080	$1,600	$1.48	4d	1	1.27mi
7420 Drexel St Dearborn Heights, MI	2.0	1.0	1080	$1,700	$1.57	17d	1	1.27mi
8455 Robindale Ave Dearborn Heights, MI	3.0	1.0	1100	$1,750	$1.59	4d	1	1.28mi
6978 Mayburn St Dearborn Heights, MI	3.0	2.0	1250	$1,800	$1.44	43d	1	1.29mi
8187 Lenore St Dearborn Heights, MI	2.0	1.0	768	$1,550	$2.02	43d	1	1.42mi
23700 W Warren St Dearborn Heights, MI	1.0	1.0	900	$1,120	$1.24	43d	2	1.44mi

Listing history 27 events

1. 2026-06-18
   days on market $42,900 Active 47 DOM
2. 2026-06-17
   days on market $42,900 Active 46 DOM
3. 2026-06-16
   days on market $42,900 Active 45 DOM
4. 2026-06-15
   price $42,900 Active 44 DOM

   Show marketing remark (1622 chars)

   MOTIVATED SELLER! Accessible, Upgraded Home in a Senior Living Community. Set in a welcoming senior community (residents must be at least 40 years old), this beautifully upgraded and fully accessible home is ideal for anyone with mobility needs. A new aluminum ramp with an awning provides easy, sheltered access through the front door. Step inside to find a spacious living room that opens to a galley-style kitchen and dining area. The kitchen is equipped with premium stainless steel appliances, including a French-door refrigerator, a nearly new stove, a Broan hood fan, microwave, and dishwasher. Enjoy clean, fresh water from the reverse osmosis system installed at the kitchen sink. The laundry room features a high-end Speed Queen commercial washer and dryer (just two years old), offering durability and performance. The primary suite provides comfort and convenience with a large closet and a luxurious, accessible en suite bathroom featuring a Jacuzzi-brand walk-in jetted tub, handheld shower, and a stylish Jacuzzi vanity with ample storage. Both bathrooms are designed with accessibility in mind, including tall toilets and a modified vanity in the second bath. The second bedroom is lined with built-in bookshelves - perfect for a home office, library, or craft room. Additional upgrades include 200-amp electrical service with abundant outlets throughout the home, and a storage shed with a roll-up garage door for added convenience. Lot rent is $720 a month. This thoughtfully designed home combines comfort, function, and accessibility - all in a friendly senior community. Immediate occupancy available!

5. 2026-06-15
   days on market $47,732 Active 44 DOM

   Show marketing remark (1622 chars)

   MOTIVATED SELLER! Accessible, Upgraded Home in a Senior Living Community. Set in a welcoming senior community (residents must be at least 40 years old), this beautifully upgraded and fully accessible home is ideal for anyone with mobility needs. A new aluminum ramp with an awning provides easy, sheltered access through the front door. Step inside to find a spacious living room that opens to a galley-style kitchen and dining area. The kitchen is equipped with premium stainless steel appliances, including a French-door refrigerator, a nearly new stove, a Broan hood fan, microwave, and dishwasher. Enjoy clean, fresh water from the reverse osmosis system installed at the kitchen sink. The laundry room features a high-end Speed Queen commercial washer and dryer (just two years old), offering durability and performance. The primary suite provides comfort and convenience with a large closet and a luxurious, accessible en suite bathroom featuring a Jacuzzi-brand walk-in jetted tub, handheld shower, and a stylish Jacuzzi vanity with ample storage. Both bathrooms are designed with accessibility in mind, including tall toilets and a modified vanity in the second bath. The second bedroom is lined with built-in bookshelves - perfect for a home office, library, or craft room. Additional upgrades include 200-amp electrical service with abundant outlets throughout the home, and a storage shed with a roll-up garage door for added convenience. Lot rent is $720 a month. This thoughtfully designed home combines comfort, function, and accessibility - all in a friendly senior community. Immediate occupancy available!

6. 2026-06-13
   days on market $47,732 Active 42 DOM
7. 2026-06-13
   days on market $47,732 Active 41 DOM
8. 2026-06-09
   days on market $47,732 Active 38 DOM
9. 2026-06-08
   days on market $47,732 Active 37 DOM
10. 2026-06-07
    days on market $47,732 Active 36 DOM
11. 2026-06-04
    days on market $47,732 Active 33 DOM
12. 2026-06-03
    days on market $47,732 Active 32 DOM
13. 2026-06-02
    days on market $47,732 Active 31 DOM
14. 2026-06-01
    days on market $47,732 Active 30 DOM
15. 2026-05-31
    days on market $47,732 Active 29 DOM
16. 2026-05-02
    historical

    Show marketing remark (1622 chars)

    MOTIVATED SELLER! Accessible, Upgraded Home in a Senior Living Community. Set in a welcoming senior community (residents must be at least 40 years old), this beautifully upgraded and fully accessible home is ideal for anyone with mobility needs. A new aluminum ramp with an awning provides easy, sheltered access through the front door. Step inside to find a spacious living room that opens to a galley-style kitchen and dining area. The kitchen is equipped with premium stainless steel appliances, including a French-door refrigerator, a nearly new stove, a Broan hood fan, microwave, and dishwasher. Enjoy clean, fresh water from the reverse osmosis system installed at the kitchen sink. The laundry room features a high-end Speed Queen commercial washer and dryer (just two years old), offering durability and performance. The primary suite provides comfort and convenience with a large closet and a luxurious, accessible en suite bathroom featuring a Jacuzzi-brand walk-in jetted tub, handheld shower, and a stylish Jacuzzi vanity with ample storage. Both bathrooms are designed with accessibility in mind, including tall toilets and a modified vanity in the second bath. The second bedroom is lined with built-in bookshelves - perfect for a home office, library, or craft room. Additional upgrades include 200-amp electrical service with abundant outlets throughout the home, and a storage shed with a roll-up garage door for added convenience. Lot rent is $720 a month. This thoughtfully designed home combines comfort, function, and accessibility - all in a friendly senior community. Immediate occupancy available!

17. 2026-05-02
    listed $47,732 Active 1622-char remark

    Show marketing remark (1622 chars)

    MOTIVATED SELLER! Accessible, Upgraded Home in a Senior Living Community. Set in a welcoming senior community (residents must be at least 40 years old), this beautifully upgraded and fully accessible home is ideal for anyone with mobility needs. A new aluminum ramp with an awning provides easy, sheltered access through the front door. Step inside to find a spacious living room that opens to a galley-style kitchen and dining area. The kitchen is equipped with premium stainless steel appliances, including a French-door refrigerator, a nearly new stove, a Broan hood fan, microwave, and dishwasher. Enjoy clean, fresh water from the reverse osmosis system installed at the kitchen sink. The laundry room features a high-end Speed Queen commercial washer and dryer (just two years old), offering durability and performance. The primary suite provides comfort and convenience with a large closet and a luxurious, accessible en suite bathroom featuring a Jacuzzi-brand walk-in jetted tub, handheld shower, and a stylish Jacuzzi vanity with ample storage. Both bathrooms are designed with accessibility in mind, including tall toilets and a modified vanity in the second bath. The second bedroom is lined with built-in bookshelves - perfect for a home office, library, or craft room. Additional upgrades include 200-amp electrical service with abundant outlets throughout the home, and a storage shed with a roll-up garage door for added convenience. Lot rent is $720 a month. This thoughtfully designed home combines comfort, function, and accessibility - all in a friendly senior community. Immediate occupancy available!

18. 2026-05-02
    listed $47,732 Active

    Show marketing remark (1622 chars)

    MOTIVATED SELLER! Accessible, Upgraded Home in a Senior Living Community. Set in a welcoming senior community (residents must be at least 40 years old), this beautifully upgraded and fully accessible home is ideal for anyone with mobility needs. A new aluminum ramp with an awning provides easy, sheltered access through the front door. Step inside to find a spacious living room that opens to a galley-style kitchen and dining area. The kitchen is equipped with premium stainless steel appliances, including a French-door refrigerator, a nearly new stove, a Broan hood fan, microwave, and dishwasher. Enjoy clean, fresh water from the reverse osmosis system installed at the kitchen sink. The laundry room features a high-end Speed Queen commercial washer and dryer (just two years old), offering durability and performance. The primary suite provides comfort and convenience with a large closet and a luxurious, accessible en suite bathroom featuring a Jacuzzi-brand walk-in jetted tub, handheld shower, and a stylish Jacuzzi vanity with ample storage. Both bathrooms are designed with accessibility in mind, including tall toilets and a modified vanity in the second bath. The second bedroom is lined with built-in bookshelves - perfect for a home office, library, or craft room. Additional upgrades include 200-amp electrical service with abundant outlets throughout the home, and a storage shed with a roll-up garage door for added convenience. Lot rent is $720 a month. This thoughtfully designed home combines comfort, function, and accessibility - all in a friendly senior community. Immediate occupancy available!

19. 2026-05-01
    historical
20. 2026-04-24
    price $47,653
21. 2026-04-23
    price $47,653
22. 2026-04-11
    price $51,900
23. 2026-04-11
    price $51,900
24. 2026-01-20
    price $52,000
25. 2026-01-19
    price $52,000
26. 2025-11-01
    listed $55,000 Active
27. 2025-11-01
    listed $55,000 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: $18,006
• − Mortgage interest: −$2,403
• − Property taxes: −$644
• − Insurance: −$214
• − Repairs & maintenance: −$1,440
• − Management: −$1,440
• − Depreciation: −$1,248
• Taxable income: $10,616
• Est. tax owed @ 24.0%: −$2,548
• After-tax cash flow: $8,119/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This accessible home in a senior living community requires moderate repairs and updates to its kitchen and flooring to improve its resale and rental value.

Repairs flagged

• Moderate kitchen cabinets — Worn and dated
• Moderate kitchen countertops — Worn and dated
• Major flooring — Worn carpet in living areas

Value-add opportunities

• Both Paint interior walls — Fresh paint enhances curb appeal and interior aesthetics
• Both Replace carpet with hardwood or tile — Hardwood or tile flooring is more durable and aesthetically pleasing
• Both Update kitchen cabinets and countertops — Modern cabinets and countertops improve functionality and aesthetics

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · Worn and dated	Moderate	$3,000–15,000
kitchen countertops · Worn and dated	Moderate	$3,000–15,000
flooring · Worn carpet in living areas	Major	$15,000–50,000
Total estimated repair cost · 3 items		$21,000–80,000

Value-add ROI direction

• Both Paint interior walls — Fresh paint enhances curb appeal and interior aesthetics ↑
• Both Replace carpet with hardwood or tile — Hardwood or tile flooring is more durable and aesthetically pleasing ↑
• Both Update kitchen cabinets and countertops — Modern cabinets and countertops improve functionality and aesthetics ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Crestwood School District
• NCES district ID: 2600016
• Math proficiency: 32% ▼ -6.00%
• Reading proficiency: 43% ▼ -4.00%
• Median HH income: $47,101
• Composite: 32.1/100
• National rank: #5806
• State rank: #242 of 540 in MI

Livability — Dearborn Heights

• Score: 79/100
• State rank: #82
• US rank: #1885

Category grades

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

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): 39,646
• Household income: $60,742
• Rent vs Own: 28.0% rent · 72.0% own
• Severe rent burden: 1196.0

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 (85%)
• Race & ethnicity: White 85% Black 8% Two or more races 3% Hispanic / Latino 3% Asian 2%
• Common ancestry: Arab 8% Romanian 7% Lithuanian 2%
• Foreign-born: 31% · Canada
• Languages at home: 46% English-only · Arabic 45% Russian/Polish/Slavic 2% Other Indo-European 2%

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: ▼ -319.04%
• Current HPI: 225.9407
• Rent YoY: ▲ 0.41%
• 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
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

-22.0% since first listed

14 events — show timeline

• 2026-06-15 Price Changed $42,900 MiRealSource-MiMLS
• 2026-06-15 Price Changed $42,900 REALCOMP
• 2026-05-02 Listing Removed — REALCOMP
• 2026-05-02 Listed $47,732 REALCOMP
• 2026-05-02 Listed $47,732 MiRealSource-MiMLS
• 2026-05-01 Listing Removed — MiRealSource-MiMLS
• 2026-04-24 Price Changed $47,653 MiRealSource-MiMLS
• 2026-04-23 Price Changed $47,653 REALCOMP
• 2026-04-11 Price Changed $51,900 MiRealSource-MiMLS
• 2026-04-11 Price Changed $51,900 REALCOMP
• 2026-01-20 Price Changed $52,000 MiRealSource-MiMLS
• 2026-01-19 Price Changed $52,000 REALCOMP
• 2025-11-01 Listed $55,000 REALCOMP
• 2025-11-01 Listed $55,000 MiRealSource-MiMLS