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15486 Lesure St
C+ Composite 61.35
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Rent growth +3.9/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$79,900

15486 Lesure St · Detroit, MI 48227
3 bd · 1.0 ba · 1,248 sqft · SingleFamily public records · 105 Days on market
Built 1928 3,485 sqft lot $64/sqft · 17% above area Est $68k · 17% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

TENANT OCCUPIED BRICK COLONIAL HOME LOCATED NORTH OF FENKELL AND WEST OF SCHAEFER. THIS HOME FEATURES A LARGE FRONT PORCH, INVITING LIVING ROOM, FORMAL DINING ROOM, BONUS ROOM/DEN, SPACIOUS KITCHEN, HALF BATH ON THE MAIN FLOOR, THREE GOOD SIZED BEDROOMS AND FULL BATH ON THE SECOND FLOOR. THE TENANT RENT IS 1100 PER MONTH. THE TENANT IS CURRENTLY MONTH TO MONTH, BUT IS A LONG STANDING TENANT SINCE 2023 AND WOULD LIKE TO STAY! PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

Key facts

  • Brick colonial home
  • Formal dining room
  • Large front porch

Tags

BRICK COLONIAL HOMELARGE FRONT PORCHINVITING LIVING ROOMFORMAL DINING ROOMBONUS ROOMSPACIOUS KITCHEN

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 $80k.

Deal economics

  • At list price, monthly cash flow is $467 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $80k).
  • Recommended offer: $73k (9.0% below list) — sets the bar for market timing.
  • Cap rate 13.3% vs local median 10.2% in Detroit — 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 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
  • Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+5.6%/yr); 385 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • This rent runs 42% of the median local income ($37k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $552 of loan paydown is wiped out by about $2k 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 + 5.6% rent growth), your $22k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 105 days — a 9% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
  • 16 sale attempts since 24y ago; this cycle's ask has dropped $5k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1928 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $72,709 (9.0% below list)

Questions for the listing agent

  1. It's been on market 105 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1928 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.61%
Cap rate
13.30%
Cash-on-cash
25.03%
DSCR
2.11
GRM
5.2

CMA / ARV

ARV (median comp)
$68,147
List price
$79,900
Delta
17.25%
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
16176 Tracey St 0.37mi 3/2.0 1,270 (+2%) 0mo $70,000 $55 75
15770 Stansbury St 0.14mi 3/1.0 1,100 (-12%) 1mo $50,000 $45 73
16562 Tracey St 0.52mi 3/1.0 1,244 (-0%) 2mo $60,000 $48 73
15053 Littlefield St 0.40mi 3/2.0 1,286 (+3%) 2mo $75,000 $58 70
15824 Snowden St 0.29mi 3/1.0 1,127 (-10%) 0mo $61,000 $54 70
15824 Snowden St 0.29mi 3/1.0 1,127 (-10%) 0mo $61,000 $54 70
14644 Hubbell St 0.69mi 3/1.0 1,248 (0%) 2mo $45,000 $36 66
16180 Snowden St 0.43mi 3/1.0 1,137 (-9%) 0mo $61,000 $54 65
14905 Littlefield St 0.51mi 3/1.0 1,368 (+10%) 1mo $52,000 $38 59
16863 Tracey St 0.71mi 3/2.0 1,200 (-4%) 2mo $165,000 $138 54
16516 Appoline St 0.73mi 3/1.0 1,350 (+8%) 1mo $39,500 $29 51
15366 Sussex St 0.71mi 3/1.0 1,100 (-12%) 3mo $105,000 $95 45

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 · 5.59% rent growth · sell at horizon

5-year hold
IRR
21.4%
Equity multiple
1.90×
Total profit
$20,236
Equity at exit
$11,913
10-year hold
IRR
31.2%
Equity multiple
4.17×
Total profit
$70,873
Equity at exit
$6,908

Cash invested: $22,372 (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 48227

Rents YoY
5.6%
Active inventory
385
Price-to-rent
5.2×

Monthly cashflow live

Estimated rent
$1,289 high interval (Pro) →
Mortgage (P&I)
$419
Tax from tax record
$99 /mo · $1,189/yr
Insurance
$33
HOA
$0
Vacancy / Maint / Mgmt
$271
Net cashflow
$467

Break-even live

Break-even rent $698
Max offer price $79,900
Occupancy floor 59%

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
$19,975
Closing costs
$2,397
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
15517 Lesure St Unit BDRM1A Detroit, MI 2.0 1.0 1000 $850 $0.85 24d 1 0.05mi
15387 Lesure St Detroit, MI 3.0 1.0 1064 $1,350 $1.27 12d 1 0.11mi
15340 Hartwell St Detroit, MI 2.0 1.0 900 $1,300 $1.44 16d 1 0.22mi
15762 Mark Twain St Detroit, MI 3.0 2.0 1430 $1,250 $0.87 16d 1 0.31mi
15088 Littlefield St Detroit, MI 2.0 1.0 1294 $1,275 $0.99 21d 1 0.38mi
14903 Tracey St Detroit, MI 3.0 1.0 1004 $1,100 $1.10 16d 1 0.43mi
15738 Sorrento Ave Detroit, MI 3.0 1.0 762 $1,175 $1.54 43d 1 0.45mi
15073 Strathmoor St Detroit, MI 2.0 1.0 860 $1,350 $1.57 16d 1 0.46mi
14891 Hartwell St Detroit, MI 3.0 1.0 1000 $1,150 $1.15 43d 1 0.46mi
16505 Stansbury St Detroit, MI 3.0 1.0 1100 $1,250 $1.14 10d 1 0.48mi
15388 Appoline St #203 Detroit, MI 2.0 1.0 900 $850 $0.94 43d 1 0.56mi
15341 Lauder St Detroit, MI 4.0 1.5 1080 $1,475 $1.37 16d 1 0.57mi
14847 Cheyenne St Detroit, MI 3.0 2.0 849 $1,150 $1.35 17d 1 0.57mi
16503 Ward Ave Unit 2 Detroit, MI 2.0 1.0 700 $850 $1.21 43d 1 0.59mi
15810 Robson St Detroit, MI 3.0 1.0 1142 $1,500 $1.31 24d 1 0.62mi
16204 Steel St Detroit, MI 3.0 1.0 969 $1,150 $1.19 43d 1 0.63mi
14590 Ardmore St Detroit, MI 3.0 1.0 1200 $1,195 $1.00 2d 1 0.64mi
15328 Coyle St Detroit, MI 3.0 1.0 1000 $1,450 $1.45 17d 1 0.67mi
15330 Coyle St Unit 1 Detroit, MI 3.0 1.0 1000 $1,425 $1.43 12d 1 0.67mi
15330 Coyle St Unit 1 Detroit, MI 3.0 1.0 1000 $1,375 $1.38 24d 1 0.67mi
15330 Coyle St Unit 2 Detroit, MI 3.0 1.0 1000 $1,450 $1.45 24d 1 0.67mi
14600 Strathmoor St Detroit, MI 4.0 1.0 1300 $1,450 $1.12 43d 1 0.69mi
16151 Robson St Detroit, MI 3.0 1.0 1300 $1,525 $1.17 14d 1 0.71mi
15468 Sussex St #2 Detroit, MI 2.0 1.0 900 $1,250 $1.39 43d 1 0.71mi
15760 Monte Vista St Detroit, MI 2.0 1.0 1080 $1,250 $1.16 43d 1 0.71mi
14559 Strathmoor St Detroit, MI 2.0 1.0 1033 $1,150 $1.11 20d 1 0.74mi
15100 Whitcomb St Detroit, MI 2.0 1.0 750 $925 $1.23 43d 1 0.81mi
15512 Mendota St Apt 2 Detroit, MI 2.0 1.0 1000 $1,200 $1.20 43d 1 0.82mi
15512 Mendota St Detroit, MI 2.0 1.0 931 $1,200 $1.29 4d 1 0.82mi
14284 Cruse St Detroit, MI 3.0 1.0 1121 $1,150 $1.03 16d 1 0.87mi
15708 Birwood St Detroit, MI 3.0 1.0 1255 $1,100 $0.88 4d 1 0.88mi
14814 Sussex St Unit 2 Detroit, MI 3.0 1.0 1100 $1,000 $0.91 43d 1 0.88mi
14881 Mendota St Detroit, MI 3.0 1.0 1026 $1,100 $1.07 24d 1 0.91mi
14375 Terry St Detroit, MI 3.0 2.0 1300 $1,425 $1.10 43d 1 0.97mi
14893 Prest St Detroit, MI 3.0 1.0 1100 $1,000 $0.91 14d 1 0.98mi
15765 Washburn St Detroit, MI 2.0 1.0 1093 $950 $0.87 43d 1 1.03mi
17150 Meyers Rd Detroit, MI 1.0–2.0 1.0 775 $975 $1.26 43d 2 1.10mi
14264 Coyle St Detroit, MI 2.0 1.0 1000 $1,150 $1.15 43d 1 1.11mi
15839 Kentucky St Detroit, MI 2.0 1.0 800 $1,200 $1.50 17d 1 1.14mi
15375 Prevost St Detroit, MI 4.0 1.0 907 $1,300 $1.43 16d 1 1.15mi

Listing history 50 events

  1. 2026-06-18
    days on market $79,900 Active 105 DOM
  2. 2026-06-17
    days on market $79,900 Active 104 DOM
  3. 2026-06-15
    days on market $79,900 Active 102 DOM
  4. 2026-06-13
    days on market $79,900 Active 100 DOM
  5. 2026-06-13
    days on market $79,900 Active 99 DOM
  6. 2026-06-09
    days on market $79,900 Active 96 DOM
  7. 2026-06-08
    days on market $79,900 Active 95 DOM
  8. 2026-06-07
    days on market $79,900 Active 94 DOM
  9. 2026-06-04
    days on market $79,900 Active 91 DOM
  10. 2026-06-03
    days on market $79,900 Active 90 DOM
  11. 2026-06-01
    days on market $79,900 Active 88 DOM
  12. 2026-05-31
    days on market $79,900 Active 87 DOM
  13. 2026-04-02
    price $79,900 626-char remark
    Show marketing remark (626 chars)

    TENANT OCCUPIED BRICK COLONIAL HOME LOCATED NORTH OF FENKELL AND WEST OF SCHAEFER. THIS HOME FEATURES A LARGE FRONT PORCH, INVITING LIVING ROOM, FORMAL DINING ROOM, BONUS ROOM/DEN, SPACIOUS KITCHEN, HALF BATH ON THE MAIN FLOOR, THREE GOOD SIZED BEDROOMS AND FULL BATH ON THE SECOND FLOOR. THE TENANT RENT IS 1100 PER MONTH. THE TENANT IS CURRENTLY MONTH TO MONTH, BUT IS A LONG STANDING TENANT SINCE 2023 AND WOULD LIKE TO STAY! PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

  14. 2026-04-02
    price $79,900 626-char remark
    Show marketing remark (626 chars)

    TENANT OCCUPIED BRICK COLONIAL HOME LOCATED NORTH OF FENKELL AND WEST OF SCHAEFER. THIS HOME FEATURES A LARGE FRONT PORCH, INVITING LIVING ROOM, FORMAL DINING ROOM, BONUS ROOM/DEN, SPACIOUS KITCHEN, HALF BATH ON THE MAIN FLOOR, THREE GOOD SIZED BEDROOMS AND FULL BATH ON THE SECOND FLOOR. THE TENANT RENT IS 1100 PER MONTH. THE TENANT IS CURRENTLY MONTH TO MONTH, BUT IS A LONG STANDING TENANT SINCE 2023 AND WOULD LIKE TO STAY! PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

  15. 2026-03-05
    listed $85,000 Active 626-char remark
    Show marketing remark (626 chars)

    TENANT OCCUPIED BRICK COLONIAL HOME LOCATED NORTH OF FENKELL AND WEST OF SCHAEFER. THIS HOME FEATURES A LARGE FRONT PORCH, INVITING LIVING ROOM, FORMAL DINING ROOM, BONUS ROOM/DEN, SPACIOUS KITCHEN, HALF BATH ON THE MAIN FLOOR, THREE GOOD SIZED BEDROOMS AND FULL BATH ON THE SECOND FLOOR. THE TENANT RENT IS 1100 PER MONTH. THE TENANT IS CURRENTLY MONTH TO MONTH, BUT IS A LONG STANDING TENANT SINCE 2023 AND WOULD LIKE TO STAY! PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

  16. 2026-03-05
    listed $85,000 Active 626-char remark
    Show marketing remark (626 chars)

    TENANT OCCUPIED BRICK COLONIAL HOME LOCATED NORTH OF FENKELL AND WEST OF SCHAEFER. THIS HOME FEATURES A LARGE FRONT PORCH, INVITING LIVING ROOM, FORMAL DINING ROOM, BONUS ROOM/DEN, SPACIOUS KITCHEN, HALF BATH ON THE MAIN FLOOR, THREE GOOD SIZED BEDROOMS AND FULL BATH ON THE SECOND FLOOR. THE TENANT RENT IS 1100 PER MONTH. THE TENANT IS CURRENTLY MONTH TO MONTH, BUT IS A LONG STANDING TENANT SINCE 2023 AND WOULD LIKE TO STAY! PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

  17. 2026-02-12
    historical
  18. 2026-02-12
    historical
  19. 2025-12-18
    price $79,900
  20. 2025-12-17
    price $79,900
  21. 2025-10-09
    listed $85,000 Active
  22. 2025-10-09
    listed $85,000 Active
  23. 2025-02-13
    historical
  24. 2025-02-13
    historical
  25. 2024-11-12
    listed $99,000 Active
  26. 2024-11-12
    listed $99,000 Active
  27. 2018-03-26
    soldstatus $200,000
  28. 2017-08-03
    historical
  29. 2017-08-03
    historical
  30. 2017-07-08
    price $11,800
  31. 2017-07-07
    price $11,800
  32. 2017-07-07
    status Active
  33. 2017-07-07
    historical
  34. 2017-03-03
    listed $24,000 Active
  35. 2017-03-03
    listed $24,000 Active
  36. 2013-12-20
    historical
  37. 2013-12-20
    historical
  38. 2013-05-20
    listed $5,000
  39. 2013-05-20
    listed $5,000
  40. 2012-09-10
    soldstatus $8,000
  41. 2012-09-10
    soldstatus $8,000
  42. 2012-06-29
    historical
  43. 2012-05-15
    listed $7,900
  44. 2012-05-15
    listed $7,900
  45. 2005-01-07
    historical
  46. 2004-10-13
    listed $71,000
  47. 2004-10-08
    historical
  48. 2004-04-19
    listed $80,000
  49. 2003-03-10
    historical
  50. 2002-09-28
    listed $79,900

ⓘ 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
$1,189 · $99/mo
Projected year-2 tax
$1,210 · $101/mo
Expected delta
+$21/yr (+$2/mo · 1.7%)

ⓘ 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 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$15,464
− Mortgage interest
−$4,476
− Property taxes
−$1,189
− Insurance
−$400
− Repairs & maintenance
−$1,237
− Management
−$1,237
− Depreciation
−$2,324
Taxable income
$4,601
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,104
After-tax cash flow
$4,495/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
Detroit Public Schools Community District
NCES district ID
2601103
Math proficiency
10% ▼ -2.00%
Reading proficiency
24% ▲ 6.00%
Median HH income
$25,815
Composite
13.06/100
National rank
#9564
State rank
#499 of 540 in MI

Livability — Detroit

Score
73/100
State rank
#218
US rank
#5427

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Detroit, MI
County
Wayne County · 1,562,939 people
City population
572,865
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
40,302
Household income
$36,527
Rent vs Own
40.9% rent · 59.1% own
Severe rent burden
2371.0

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 Black (95%)
Race & ethnicity
Black 95% Two or more races 3% White 1%
Foreign-born
1%
Languages at home
98% English-only · Spanish 1% French/Haitian/Cajun 1%

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
▼ -125.00%
Current HPI
186.4158
Rent YoY
▲ 5.59%
Metro
Detroit-Warren-Dearborn, MI
State GDP YoY
▲ 1.37%
F500 in state
28

Industry mix (Fortune 500 HQ in MI)

Industry F500 HQs Revenue

Price history

+0.0% since first listed
38 events — show timeline
  • 2026-04-02 Price Changed $79,900 MiRealSource-MiMLS
  • 2026-04-02 Price Changed $79,900 REALCOMP
  • 2026-03-05 Listed $85,000 REALCOMP
  • 2026-03-05 Listed $85,000 MiRealSource-MiMLS
  • 2026-02-12 Listing Removed REALCOMP
  • 2026-02-12 Listing Removed MiRealSource-MiMLS
  • 2025-12-18 Price Changed $79,900 MiRealSource-MiMLS
  • 2025-12-17 Price Changed $79,900 REALCOMP
  • 2025-10-09 Listed $85,000 REALCOMP
  • 2025-10-09 Listed $85,000 MiRealSource-MiMLS
  • 2025-02-13 Listing Removed REALCOMP
  • 2025-02-13 Listing Removed MiRealSource-MiMLS
  • 2024-11-12 Listed $99,000 MiRealSource-MiMLS
  • 2024-11-12 Listed $99,000 REALCOMP
  • 2018-03-26 Sold (Public Records) $200,000 Public Records
  • 2017-08-03 Listing Removed REALCOMP
  • 2017-08-03 Listing Removed MiRealSource-MiMLS
  • 2017-07-08 Price Changed $11,800 MiRealSource-MiMLS
  • 2017-07-07 Price Changed $11,800 REALCOMP
  • 2017-07-07 Relisted MiRealSource-MiMLS
  • 2017-07-07 Listing Removed MiRealSource-MiMLS
  • 2017-03-03 Listed $24,000 MiRealSource-MiMLS
  • 2017-03-03 Listed $24,000 REALCOMP
  • 2013-12-20 Listing Removed MiRealSource-MiMLS
  • 2013-12-20 Listing Removed REALCOMP
  • 2013-05-20 Listed $5,000 MiRealSource-MiMLS
  • 2013-05-20 Listed $5,000 REALCOMP
  • 2012-09-10 Sold (MLS) $8,000 MiRealSource-MiMLS
  • 2012-09-10 Sold (MLS) $8,000 REALCOMP
  • 2012-06-29 Listing Removed MiRealSource-MiMLS
  • 2012-05-15 Listed $7,900 MiRealSource-MiMLS
  • 2012-05-15 Listed $7,900 REALCOMP
  • 2005-01-07 Listing Removed REALCOMP
  • 2004-10-13 Listed $71,000 REALCOMP
  • 2004-10-08 Listing Removed REALCOMP
  • 2004-04-19 Listed $80,000 REALCOMP
  • 2003-03-10 Listing Removed REALCOMP
  • 2002-09-28 Listed $79,900 REALCOMP

Property tax history

-2.0%/yr

Latest (2025): $1,189 · -53.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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