686 N Perry St · Pontiac, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 2/10 · Minimal
- Hot days now (above 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +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
🖨 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
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.
Questions for the listing agent
- 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?
- Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.17% ✓
- 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
- IRR
- 1.3%
- Equity multiple
- 1.05×
- Total profit
- $1,731
- Equity at exit
- $18,340
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-18days on market $123,000 Active 35 DOM
-
2026-06-17days on market $123,000 Active 34 DOM
-
2026-06-16days on market $123,000 Active 33 DOM
-
2026-06-15days on market $123,000 Active 32 DOM
-
2026-06-13days on market $123,000 Active 30 DOM
-
2026-06-13days on market $123,000 Active 29 DOM
-
2026-06-09days on market $123,000 Active 26 DOM
-
2026-06-08days on market $123,000 Active 25 DOM
-
2026-06-07pricedays on market $123,000 Active 24 DOM
-
2026-06-04days on market $124,900 Active 21 DOM
-
2026-06-03days on market $124,900 Active 20 DOM
-
2026-06-02days on market $124,900 Active 19 DOM
-
2026-06-01days on market $124,900 Active 18 DOM
-
2026-05-31days on market $124,900 Active 17 DOM
-
2026-05-15$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!
-
2026-05-15$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!
-
2026-05-14historical $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!
-
2020-06-12soldstatus $59,900
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2020-06-05soldstatus $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.
-
2020-06-05soldstatus $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.
-
2020-05-28status 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.
-
2020-05-28status 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.
-
2020-05-21historical 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.
-
2020-05-21historical 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.
-
2020-05-06status 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.
-
2020-05-06status 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.
-
2020-04-24$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.
-
2020-04-24$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.
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1996-11-26soldstatus $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
- 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
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 |
|---|---|---|
| Automotive Parts | 3 | $48B |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
+198.5% since first listed19 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%/yrLatest (2025): $1,177 · +2.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…