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686 N Perry St
C- Composite 52.06
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 +26.9/30.0
  • DSCR +9.3/10.0
  • 1% rule +6.7/10.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.0/10.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$123,000

686 N Perry St · Pontiac, MI 48342
3 bd · 1.0 ba · 1,492 sqft · SingleFamily public records · 35 Days on market
Built 1920 7,405 sqft lot $82/sqft · 18% above area Est $97k · 27% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 686 N Perry St. , a charming turnkey home located in the heart of Pontiac. This well-maintained home features 3 spacious bedrooms and 1 full bathroom, making it a great opportunity for first-time buyers, investors, or anyone looking for an affordable move-in-ready property in good condition plus an A/C unit for added comfort. Inside, you'll find a comfortable layout ready for its new owner to make it their own. Step outside to enjoy the large backyard with plenty of space for parking, entertaining guests, or relaxing around the fire pit on cool evenings. While the property is conveniently close to major roads, local amenities, and public transit, access to the home is through Harper St. , offering a quieter setting with less through traffic. Offered at an affordable price for a home in good condition, this property combines value, location, and functionality all in one package. Don't miss your opportunity to own this great home in a growing community. Schedule your showing today!

Key facts

  • 7,405 sq ft lot
  • Built 1920
  • Listed 35 days

Property features AI

Finance

  • Other: Lot approximately 0.17 acre (dimensions 77.92 x 97.53)
  • Financial info: Annual tax amount reported

Exterior

  • Parking: No garage
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; Two levels; Residential property
  • Construction: Stucco exterior; Block foundation; Built with above-grade and below-grade finished living areas
  • Exterior features: Paved road access; Slate roof; Ground-level entry with steps

Interior

  • Bathrooms: One full bathroom
  • Heating & cooling: Forced air heating (natural gas); No cooling
  • Interior features: Partially finished basement

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 3-bed/1.0-bath single-family listed at $123k.

Deal economics

  • At list price, monthly cash flow is $340 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $123k).
  • Recommended offer: $119k (3.0% below list) — sets the bar for market timing.
  • Cap rate 9.6% vs local median 6.7% in Pontiac — 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 64/100 on livability (#499 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D, schools F, crime F.
  • Pontiac City School District (urban): math 8% / reading 17% proficiency, ranked #514 of 540 in MI (top 95%) — 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: 87 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $850 of loan paydown is wiped out by about $4k 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.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $34k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 35 days — a 3% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 6y 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 $60k; list at $123k implies a 105% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $119,310 (3.0% 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 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1920 — 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 F-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 F 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. 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.
  7. 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.
  8. 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
1.17%
Cap rate
9.61%
Cash-on-cash
11.86%
DSCR
1.53
GRM
7.1

CMA / ARV

ARV (median comp)
$97,143
List price
$123,000
Delta
26.62%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
570 E Kennett Rd 0.39mi 3/1.0 1,475 (-1%) 12mo $143,170 $97 70
427 Valencia Dr 0.42mi 3/1.5 1,449 (-3%) 16mo $185,000 $128 61
127 Victory Dr 0.32mi 3/2.0 1,610 (+8%) 13mo $153,000 $95 57
755 Scottwood St 0.73mi 3/1.0 1,450 (-3%) 6mo $145,000 $100 56
576 Markle Ave 0.50mi 2/1.0 (-1) 1,633 (+10%) 1mo $155,000 $95 55
54 Nelson St 0.46mi 4/1.5 (+1) 1,558 (+4%) 12mo $149,900 $96 54
613 Markle Ave 0.54mi 4/1.0 (+1) 1,416 (-5%) 13mo $174,000 $123 50
50 Lewis St 0.64mi 3/1.0 1,614 (+8%) 10mo $62,500 $39 49
25 Ellwood St 0.51mi 3/1.0 1,294 (-13%) 8mo $127,700 $99 48
451 Martin Luther King Jr Blvd N 0.51mi 3/1.5 1,677 (+12%) 10mo $170,000 $101 45
790 Parkwood Ave 0.74mi 3/1.0 1,305 (-12%) 6mo $125,000 $96 39
887 University Dr 0.75mi 4/2.0 (+1) 1,342 (-10%) 9mo $137,000 $102 32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold
IRR
1.3%
Equity multiple
1.05×
Total profit
$1,731
Equity at exit
$18,340
10-year hold
IRR
10.9%
Equity multiple
1.85×
Total profit
$29,367
Equity at exit
$10,635

Cash invested: $34,440 (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 48342

Home prices YoY
-33.8%
Active inventory
87
Price-to-rent
7.1×

Monthly cashflow live

Estimated rent
$1,436 high interval (Pro) →
Mortgage (P&I)
$645
Tax from tax record
$98 /mo · $1,177/yr
Insurance
$51
HOA
$0
Vacancy / Maint / Mgmt
$302
Net cashflow
$340

Break-even live

Break-even rent $1,006
Max offer price $123,000
Occupancy floor 71%

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
$30,750
Closing costs
$3,690
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 20 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
264 Nelson St Pontiac, MI 3.0 1.0 1478 $1,590 $1.08 44d 1 0.13mi
672 Linda Vista Dr Pontiac, MI 3.0 1.0 900 $1,500 $1.67 4d 1 0.20mi
188 Vernon Dr Pontiac, MI 3.0 1.0 1100 $1,500 $1.36 24d 1 0.24mi
957 Perry St Pontiac, MI 1.0–3.0 1.0 835 $1,099 $1.32 44d 1 0.47mi
16 Victory Dr Unit 18 Pontiac, MI 2.0 1.0 1118 $1,150 $1.03 44d 1 0.51mi
16 Victory Dr Unit 18 Pontiac, MI 2.0 1.0 1114 $1,150 $1.03 24d 1 0.51mi
65 Whitfield St Pontiac, MI 3.0 1.0 924 $1,175 $1.27 44d 1 0.56mi
49 Oakhill St Pontiac, MI 3.0 1.0 1200 $1,575 $1.31 24d 1 0.62mi
611 E Madison Ave Pontiac, MI 3.0 1.5 950 $1,395 $1.47 44d 1 0.74mi
750 Scottwood St Pontiac, MI 3.0 1.0 920 $1,395 $1.52 13d 1 0.74mi
107 N Sanford St Pontiac, MI 4.0 1.5 1467 $1,750 $1.19 44d 1 0.87mi
68 N Shirley St Pontiac, MI 3.0 1.0 950 $1,395 $1.47 18d 1 0.93mi
4000 Winston Dr Pontiac, MI 2.0 1.5 1032 $515 $0.50 2d 1 0.97mi
38 N Shirley St Pontiac, MI 3.0 1.0 1174 $1,425 $1.21 44d 1 0.98mi
695 1st Ave Pontiac, MI 3.0 1.0 986 $1,295 $1.31 44d 1 1.03mi
85 E Beverly Ave Pontiac, MI 3.0 1.0 1000 $1,250 $1.25 5d 1 1.16mi
1173 Featherstone Rd Pontiac, MI 3.0 1.5 970 $1,495 $1.54 24d 1 1.30mi
90 Martin Luther King Jr Blvd S Pontiac, MI 2.0 1.0 900 $1,000 $1.11 44d 1 1.34mi
128 S Edith St Pontiac, MI 2.0–3.0 2.0 1155 $1,700 $1.47 17d 1 1.38mi
195 W Kennett Rd Unit 202 Pontiac, MI 2.0 1.0 950 $875 $0.92 44d 1 1.49mi

Listing history 29 events

  1. 2026-06-18
    days on market $123,000 Active 35 DOM
  2. 2026-06-17
    days on market $123,000 Active 34 DOM
  3. 2026-06-16
    days on market $123,000 Active 33 DOM
  4. 2026-06-15
    days on market $123,000 Active 32 DOM
  5. 2026-06-13
    days on market $123,000 Active 30 DOM
  6. 2026-06-13
    days on market $123,000 Active 29 DOM
  7. 2026-06-09
    days on market $123,000 Active 26 DOM
  8. 2026-06-08
    days on market $123,000 Active 25 DOM
  9. 2026-06-07
    pricedays on market $123,000 Active 24 DOM
  10. 2026-06-04
    days on market $124,900 Active 21 DOM
  11. 2026-06-03
    days on market $124,900 Active 20 DOM
  12. 2026-06-02
    days on market $124,900 Active 19 DOM
  13. 2026-06-01
    days on market $124,900 Active 18 DOM
  14. 2026-05-31
    days on market $124,900 Active 17 DOM
  15. 2026-05-15
    listed $129,000 Active 970-char remark
    Show marketing remark (1005 chars)

    Welcome to 686 N Perry St. , a charming turnkey home located in the heart of Pontiac. This well-maintained home features 3 spacious bedrooms and 1 full bathroom, making it a great opportunity for first-time buyers, investors, or anyone looking for an affordable move-in-ready property in good condition plus an A/C unit for added comfort. Inside, you'll find a comfortable layout ready for its new owner to make it their own. Step outside to enjoy the large backyard with plenty of space for parking, entertaining guests, or relaxing around the fire pit on cool evenings. While the property is conveniently close to major roads, local amenities, and public transit, access to the home is through Harper St. , offering a quieter setting with less through traffic. Offered at an affordable price for a home in good condition, this property combines value, location, and functionality all in one package. Don't miss your opportunity to own this great home in a growing community. Schedule your showing today!

  16. 2026-05-15
    listed $129,000 Active 982-char remark
    Show marketing remark (1005 chars)

    Welcome to 686 N Perry St. , a charming turnkey home located in the heart of Pontiac. This well-maintained home features 3 spacious bedrooms and 1 full bathroom, making it a great opportunity for first-time buyers, investors, or anyone looking for an affordable move-in-ready property in good condition plus an A/C unit for added comfort. Inside, you'll find a comfortable layout ready for its new owner to make it their own. Step outside to enjoy the large backyard with plenty of space for parking, entertaining guests, or relaxing around the fire pit on cool evenings. While the property is conveniently close to major roads, local amenities, and public transit, access to the home is through Harper St. , offering a quieter setting with less through traffic. Offered at an affordable price for a home in good condition, this property combines value, location, and functionality all in one package. Don't miss your opportunity to own this great home in a growing community. Schedule your showing today!

  17. 2026-05-14
    historical $129,000 970-char remark
    Show marketing remark (1005 chars)

    Welcome to 686 N Perry St. , a charming turnkey home located in the heart of Pontiac. This well-maintained home features 3 spacious bedrooms and 1 full bathroom, making it a great opportunity for first-time buyers, investors, or anyone looking for an affordable move-in-ready property in good condition plus an A/C unit for added comfort. Inside, you'll find a comfortable layout ready for its new owner to make it their own. Step outside to enjoy the large backyard with plenty of space for parking, entertaining guests, or relaxing around the fire pit on cool evenings. While the property is conveniently close to major roads, local amenities, and public transit, access to the home is through Harper St. , offering a quieter setting with less through traffic. Offered at an affordable price for a home in good condition, this property combines value, location, and functionality all in one package. Don't miss your opportunity to own this great home in a growing community. Schedule your showing today!

  18. 2020-06-12
    soldstatus $59,900
  19. 2020-06-05
    soldstatus $59,900 Sold
    Show marketing remark (662 chars)

    CLICK ON THE VIDEO LINK UNDER PICS OR ASK ABOUT ADDITIONAL VIDEOS Located in the heart of Pontiac, just 2.1 miles from GM Performance Center & USPS Distribution, and 10 minutes from Auburn Hills, this turn-key home is great option for anyone who wants to own a home for less than they would pay for an apartment! Close to Oakland University, FCA-US, golf courses, parks, restaurants and schools. This 3 bedroom, one bath home includes many updates including flooring, paint, kitchen, plumbing, furnace (5 years), vinyl windows and carpet. Beautiful woodwork, slate roof and a stucco / cedar exterior allows this home to maintain much of its original charm.

  20. 2020-06-05
    soldstatus $59,900 Closed
    Show marketing remark (662 chars)

    CLICK ON THE VIDEO LINK UNDER PICS OR ASK ABOUT ADDITIONAL VIDEOS Located in the heart of Pontiac, just 2.1 miles from GM Performance Center & USPS Distribution, and 10 minutes from Auburn Hills, this turn-key home is great option for anyone who wants to own a home for less than they would pay for an apartment! Close to Oakland University, FCA-US, golf courses, parks, restaurants and schools. This 3 bedroom, one bath home includes many updates including flooring, paint, kitchen, plumbing, furnace (5 years), vinyl windows and carpet. Beautiful woodwork, slate roof and a stucco / cedar exterior allows this home to maintain much of its original charm.

  21. 2020-05-28
    status Pending
    Show marketing remark (662 chars)

    CLICK ON THE VIDEO LINK UNDER PICS OR ASK ABOUT ADDITIONAL VIDEOS Located in the heart of Pontiac, just 2.1 miles from GM Performance Center & USPS Distribution, and 10 minutes from Auburn Hills, this turn-key home is great option for anyone who wants to own a home for less than they would pay for an apartment! Close to Oakland University, FCA-US, golf courses, parks, restaurants and schools. This 3 bedroom, one bath home includes many updates including flooring, paint, kitchen, plumbing, furnace (5 years), vinyl windows and carpet. Beautiful woodwork, slate roof and a stucco / cedar exterior allows this home to maintain much of its original charm.

  22. 2020-05-28
    status Pending
    Show marketing remark (662 chars)

    CLICK ON THE VIDEO LINK UNDER PICS OR ASK ABOUT ADDITIONAL VIDEOS Located in the heart of Pontiac, just 2.1 miles from GM Performance Center & USPS Distribution, and 10 minutes from Auburn Hills, this turn-key home is great option for anyone who wants to own a home for less than they would pay for an apartment! Close to Oakland University, FCA-US, golf courses, parks, restaurants and schools. This 3 bedroom, one bath home includes many updates including flooring, paint, kitchen, plumbing, furnace (5 years), vinyl windows and carpet. Beautiful woodwork, slate roof and a stucco / cedar exterior allows this home to maintain much of its original charm.

  23. 2020-05-21
    historical Accepting Backup Offers
    Show marketing remark (662 chars)

    CLICK ON THE VIDEO LINK UNDER PICS OR ASK ABOUT ADDITIONAL VIDEOS Located in the heart of Pontiac, just 2.1 miles from GM Performance Center & USPS Distribution, and 10 minutes from Auburn Hills, this turn-key home is great option for anyone who wants to own a home for less than they would pay for an apartment! Close to Oakland University, FCA-US, golf courses, parks, restaurants and schools. This 3 bedroom, one bath home includes many updates including flooring, paint, kitchen, plumbing, furnace (5 years), vinyl windows and carpet. Beautiful woodwork, slate roof and a stucco / cedar exterior allows this home to maintain much of its original charm.

  24. 2020-05-21
    historical Accepting Backup Offers
    Show marketing remark (662 chars)

    CLICK ON THE VIDEO LINK UNDER PICS OR ASK ABOUT ADDITIONAL VIDEOS Located in the heart of Pontiac, just 2.1 miles from GM Performance Center & USPS Distribution, and 10 minutes from Auburn Hills, this turn-key home is great option for anyone who wants to own a home for less than they would pay for an apartment! Close to Oakland University, FCA-US, golf courses, parks, restaurants and schools. This 3 bedroom, one bath home includes many updates including flooring, paint, kitchen, plumbing, furnace (5 years), vinyl windows and carpet. Beautiful woodwork, slate roof and a stucco / cedar exterior allows this home to maintain much of its original charm.

  25. 2020-05-06
    status Pending
    Show marketing remark (662 chars)

    CLICK ON THE VIDEO LINK UNDER PICS OR ASK ABOUT ADDITIONAL VIDEOS Located in the heart of Pontiac, just 2.1 miles from GM Performance Center & USPS Distribution, and 10 minutes from Auburn Hills, this turn-key home is great option for anyone who wants to own a home for less than they would pay for an apartment! Close to Oakland University, FCA-US, golf courses, parks, restaurants and schools. This 3 bedroom, one bath home includes many updates including flooring, paint, kitchen, plumbing, furnace (5 years), vinyl windows and carpet. Beautiful woodwork, slate roof and a stucco / cedar exterior allows this home to maintain much of its original charm.

  26. 2020-05-06
    status Pending
    Show marketing remark (662 chars)

    CLICK ON THE VIDEO LINK UNDER PICS OR ASK ABOUT ADDITIONAL VIDEOS Located in the heart of Pontiac, just 2.1 miles from GM Performance Center & USPS Distribution, and 10 minutes from Auburn Hills, this turn-key home is great option for anyone who wants to own a home for less than they would pay for an apartment! Close to Oakland University, FCA-US, golf courses, parks, restaurants and schools. This 3 bedroom, one bath home includes many updates including flooring, paint, kitchen, plumbing, furnace (5 years), vinyl windows and carpet. Beautiful woodwork, slate roof and a stucco / cedar exterior allows this home to maintain much of its original charm.

  27. 2020-04-24
    listed $59,900 Active
    Show marketing remark (662 chars)

    CLICK ON THE VIDEO LINK UNDER PICS OR ASK ABOUT ADDITIONAL VIDEOS Located in the heart of Pontiac, just 2.1 miles from GM Performance Center & USPS Distribution, and 10 minutes from Auburn Hills, this turn-key home is great option for anyone who wants to own a home for less than they would pay for an apartment! Close to Oakland University, FCA-US, golf courses, parks, restaurants and schools. This 3 bedroom, one bath home includes many updates including flooring, paint, kitchen, plumbing, furnace (5 years), vinyl windows and carpet. Beautiful woodwork, slate roof and a stucco / cedar exterior allows this home to maintain much of its original charm.

  28. 2020-04-24
    listed $59,900 Active
    Show marketing remark (662 chars)

    CLICK ON THE VIDEO LINK UNDER PICS OR ASK ABOUT ADDITIONAL VIDEOS Located in the heart of Pontiac, just 2.1 miles from GM Performance Center & USPS Distribution, and 10 minutes from Auburn Hills, this turn-key home is great option for anyone who wants to own a home for less than they would pay for an apartment! Close to Oakland University, FCA-US, golf courses, parks, restaurants and schools. This 3 bedroom, one bath home includes many updates including flooring, paint, kitchen, plumbing, furnace (5 years), vinyl windows and carpet. Beautiful woodwork, slate roof and a stucco / cedar exterior allows this home to maintain much of its original charm.

  29. 1996-11-26
    soldstatus $41,200

ⓘ 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
$1,177 · $98/mo
Projected year-2 tax
$1,536 · $128/mo
Expected delta
+$359/yr (+$30/mo · 30.5%)

ⓘ 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 ≥96°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 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
$17,236
− Mortgage interest
−$6,890
− Property taxes
−$1,177
− Insurance
−$615
− Repairs & maintenance
−$1,379
− Management
−$1,379
− Depreciation
−$3,578
Taxable income
$2,218
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$532
After-tax cash flow
$3,552/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
Pontiac City School District
NCES district ID
2628740
Math proficiency
8% ▼ -5.00%
Reading proficiency
17% ▼ -3.00%
Median HH income
$33,888
Composite
10.12/100
National rank
#9802
State rank
#514 of 540 in MI

Livability — Pontiac

Score
64/100
State rank
#499
US rank
#14703

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Pontiac, MI
City population
44,593
Population (ZIP)
17,227

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 0.62)
Race & ethnicity
Black 57% Hispanic / Latino 19% White 13% Two or more races 13% Asian 4%
Hispanic origin (detail)
Mexican 11% Puerto Rican 2%
Common ancestry
Romanian 1% Lithuanian 1% Italian 1%
Foreign-born
10% · Canada, Vietnam
Languages at home
79% English-only · Spanish 15% Other Asian/Pacific 4% Other Indo-European 1%

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
▼ -109.18%
Current HPI
214.3258
Rent YoY
Metro
State GDP YoY
▲ 1.37%
F500 in state
28

Industry mix (Fortune 500 HQ in MI)

Industry F500 HQs Revenue

Price history

+198.5% since first listed
19 events — show timeline
  • 2026-06-05 Price Changed $123,000 MiRealSource-MiMLS
  • 2026-06-05 Price Changed $123,000 REALCOMP
  • 2026-05-27 Price Changed $124,900 MiRealSource-MiMLS
  • 2026-05-27 Price Changed $124,900 REALCOMP
  • 2026-05-15 Listed $129,000 MiRealSource-MiMLS
  • 2026-05-15 Listed $129,000 REALCOMP
  • 2026-05-14 Coming Soon $129,000 MiRealSource-MiMLS
  • 2020-06-12 Sold (Public Records) $59,900 Public Records
  • 2020-06-05 Sold (MLS) $59,900 MiRealSource-MiMLS
  • 2020-06-05 Sold (MLS) $59,900 REALCOMP
  • 2020-05-28 Pending MiRealSource-MiMLS
  • 2020-05-28 Pending REALCOMP
  • 2020-05-21 Contingent MiRealSource-MiMLS
  • 2020-05-21 Contingent REALCOMP
  • 2020-05-06 Pending MiRealSource-MiMLS
  • 2020-05-06 Pending REALCOMP
  • 2020-04-24 Listed $59,900 MiRealSource-MiMLS
  • 2020-04-24 Listed $59,900 REALCOMP
  • 1996-11-26 Sold (Public Records) $41,200 Public Records

Property tax history

+8.0%/yr

Latest (2025): $1,177 · +2.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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