16011 Tacoma St · Detroit, 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 3/10 · Minor
- 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
- 5 days/yr
Risk factors via First Street. Map © Google.
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
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +3.7/5.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$55,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
* * this is back on the market, due to no fault of the property * * Check out this solid brick 3-bed, 1-bath brick bungalow in Detroit is a prime opportunity for those with a keen eye for potential. With some work, this home can be transformed into a profitable rental, resale opportunity or home for years to come! Buyer to verify all property pertinent information. SOLD AS IS. Do not enter without a licensed agent present. Schedule your appointment today!
Key facts
- 4,356 sq ft lot
- Built 1949
- Listed 122 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $55k.
Deal economics
- At list price, monthly cash flow is $690 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $55k).
- Recommended offer: $48k (12.0% below list) — sets the bar for market timing.
- Cap rate 21.3% vs local median 10.0% 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: 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.
- Zoned schools: Fisher Magnet Lower Academy (456 students, 93% FRL); Fisher Magnet Upper Academy (math 15% / reading 44%, grade F, #341 of 493 statewide, top 69%, 378 students, 93% FRL); Denby High School (math 24% / reading 24%, grade F, #481 of 713 statewide, top 81%, 537 students, 88% FRL) — zoned schools at 91% FRL track the district average.
- Market conditions: Rents rising (+1.3%/yr); 376 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 ($39k/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 $380 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 + 1.3% rent growth), your $15k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- It's been on market 122 days — a 12% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
- 19 sale attempts since 31y ago; this cycle's ask has dropped $5k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $5k; list at $55k implies a 937% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 122 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 2.47% ✓
- Cap rate
- 21.35%
- Cash-on-cash
- 53.76%
- DSCR
- 3.39
- GRM
- 3.4
CMA / ARV
- ARV (on-the-fly)
- $72,276
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 16209 Tacoma St | 0.13mi | 3/1.0 | 968 (+2%) | 1mo | $62,900 | $65 | 90 |
| 16277 Liberal St | 0.22mi | 3/1.0 | 945 (-1%) | 1mo | $25,000 | $26 | 88 |
| 16301 Coram St | 0.32mi | 3/1.0 | 929 (-2%) | 1mo | $19,500 | $21 | 80 |
| 16062 Carlisle St | 0.48mi | 3/1.0 | 957 (+1%) | 1mo | $42,000 | $44 | 76 |
| 16062 CARLISLE St | 0.48mi | 3/1.0 | 957 (+1%) | 1mo | $42,000 | $44 | 76 |
| 16260 Bringard Dr | 0.33mi | 3/1.0 | 1,036 (+9%) | 1mo | $80,000 | $77 | 69 |
| 18746 Woodside St | 0.52mi | 3/1.0 | 921 (-3%) | 2mo | $110,000 | $119 | 69 |
| 15644 Carlisle St | 0.52mi | 3/1.0 | 1,055 (+11%) | 1mo | $129,900 | $123 | 57 |
| 12893 Payton St | 0.65mi | 3/1.0 | 1,020 (+7%) | 2mo | $75,000 | $74 | 56 |
| 18905 Woodland St | 0.63mi | 3/1.5 | 1,023 (+8%) | 1mo | $105,000 | $103 | 55 |
| 12897 Riad St | 0.65mi | 3/1.0 | 831 (-13%) | 2mo | $63,000 | $76 | 48 |
| 18591 Kingsville St | 0.54mi | 2/1.0 (-1) | 824 (-13%) | 1mo | $74,000 | $90 | 47 |
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 · 1.33% rent growth · sell at horizon
- IRR
- 50.0%
- Equity multiple
- 3.13×
- Total profit
- $32,803
- Equity at exit
- $8,201
- IRR
- 54.8%
- Equity multiple
- 5.96×
- Total profit
- $76,320
- Equity at exit
- $4,755
Cash invested: $15,400 (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 48205
- Home prices YoY
- -28.1%
- Rents YoY
- 1.3%
- Active inventory
- 376
- Price-to-rent
- 3.4×
Monthly cashflow live
- Estimated rent
- $1,359 high interval (Pro) →
- Mortgage (P&I)
- −$288
- Tax from tax record
- −$73 /mo · $873/yr
- Insurance
- −$23
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$285
- Net cashflow
- $690
Break-even live
Sensitivity live
| Price | -10% $721 | -5% $705 | +0% $690 | +5% $674 | +10% $659 |
|---|---|---|---|---|---|
| Rent | -10% $582 | -5% $636 | +0% $690 | +5% $744 | +10% $797 |
| Rate | -1.0pp $718 | -0.5pp $704 | base $690 | +0.5pp $676 | +1.0pp $661 |
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
- $13,750
- Closing costs
- $1,650
- 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 29 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 16225 Manning St Detroit, MI | 4.0 | 2.0 | 1036 | $1,475 | $1.42 | 45d | 1 | 0.17mi |
| 16291 Eastburn St Detroit, MI | 3.0 | 1.0 | 1000 | $1,364 | $1.36 | 26d | 1 | 0.34mi |
| 15909 Maddelein St Detroit, MI | 3.0 | 1.0 | 894 | $1,266 | $1.42 | 45d | 1 | 0.36mi |
| 16212 Maddelein St Detroit, MI | 2.0 | 1.0 | 800 | $1,200 | $1.50 | 14d | 1 | 0.42mi |
| 16410 Edmore Dr Detroit, MI | 3.0 | 1.0 | 850 | $1,250 | $1.47 | 16d | 1 | 0.45mi |
| 15663 Carlisle St Detroit, MI | 2.0 | 1.0 | 803 | $1,050 | $1.31 | 16d | 1 | 0.54mi |
| 12716 Riad St Detroit, MI | 3.0 | 1.0 | 974 | $1,275 | $1.31 | 19d | 1 | 0.75mi |
| 19152 Woodside St Harper Woods, MI | 3.0 | 1.0 | 916 | $1,500 | $1.64 | 19d | 1 | 0.80mi |
| 19144 Moross Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 0.89mi |
| 15494 Mapleridge St Detroit, MI | 3.0 | 1.0 | 937 | $1,275 | $1.36 | 45d | 1 | 0.93mi |
| 19365 Kingsville St Harper Woods, MI | 4.0 | 1.5 | 996 | $1,650 | $1.66 | 16d | 1 | 0.96mi |
| 14461 Lappin St Detroit, MI | 3.0 | 1.5 | 989 | $1,150 | $1.16 | 19d | 1 | 0.98mi |
| 12075 Rossiter St Detroit, MI | 3.0 | 1.0 | 1100 | $1,245 | $1.13 | 16d | 1 | 0.99mi |
| 12075 Rossiter St Detroit, MI | 3.0 | 1.0 | 1100 | $1,245 | $1.13 | 45d | 1 | 0.99mi |
| 12201 Morang Ave Unit 8 Detroit, MI | 2.0 | 1.0 | 610 | $875 | $1.43 | 45d | 1 | 1.02mi |
| 19442 Kingsville St Harper Woods, MI | 3.0 | 1.0 | 1000 | $1,500 | $1.50 | 19d | 1 | 1.05mi |
| 15238 Seymour St Detroit, MI | 3.0 | 1.0 | 1064 | $1,300 | $1.22 | 0d | 1 | 1.12mi |
| 19661 Kenosha St Harper Woods, MI | 3.0 | 2.0 | 1000 | $1,400 | $1.40 | 26d | 1 | 1.13mi |
| 11776 Rossiter St Detroit, MI | 3.0 | 1.0 | 964 | $1,150 | $1.19 | 13d | 1 | 1.14mi |
| 19639 Moross Rd Unit 1 Detroit, MI | 2.0 | 1.0 | 900 | $1,100 | $1.22 | 45d | 1 | 1.15mi |
| 11611 Morang Ave Detroit, MI | 1.0–2.0 | 1.0 | 709 | $1,040 | $1.47 | 45d | 1 | 1.22mi |
| 11529 Roxbury St Detroit, MI | 2.0 | 1.0 | 720 | $1,200 | $1.67 | 14d | 1 | 1.24mi |
| 14068 Carlisle St Detroit, MI | 3.0 | 1.0 | 1020 | $1,300 | $1.27 | 26d | 1 | 1.25mi |
| 15010 Cedargrove St Detroit, MI | 3.0 | 1.5 | 1018 | $1,350 | $1.33 | 45d | 1 | 1.29mi |
| 19982 McCormick St Detroit, MI | 3.0 | 1.0 | 866 | $1,200 | $1.39 | 5d | 1 | 1.36mi |
| 11235 Roxbury St Detroit, MI | 3.0 | 1.0 | 1062 | $1,325 | $1.25 | 19d | 1 | 1.41mi |
| 13669 Pfent St Detroit, MI | 3.0 | 2.0 | 1031 | $1,374 | $1.33 | 19d | 1 | 1.45mi |
| 20015 Lochmoor St Harper Woods, MI | 3.0 | 1.0 | 1006 | $1,500 | $1.49 | 18d | 1 | 1.47mi |
| 10985 Peerless St Detroit, MI | 3.0 | 1.0 | 1000 | $1,364 | $1.36 | 6d | 1 | 1.48mi |
Listing history 50 events
-
2026-04-09status Pending 464-char remark
Show marketing remark (464 chars)
* * this is back on the market, due to no fault of the property * * Check out this solid brick 3-bed, 1-bath brick bungalow in Detroit is a prime opportunity for those with a keen eye for potential. With some work, this home can be transformed into a profitable rental, resale opportunity or home for years to come! Buyer to verify all property pertinent information. SOLD AS IS. Do not enter without a licensed agent present. Schedule your appointment today!
-
2026-04-09status Pending
Show marketing remark (464 chars)
* * this is back on the market, due to no fault of the property * * Check out this solid brick 3-bed, 1-bath brick bungalow in Detroit is a prime opportunity for those with a keen eye for potential. With some work, this home can be transformed into a profitable rental, resale opportunity or home for years to come! Buyer to verify all property pertinent information. SOLD AS IS. Do not enter without a licensed agent present. Schedule your appointment today!
-
2026-01-29status Active
-
2026-01-22price $55,000 464-char remark
Show marketing remark (464 chars)
* * this is back on the market, due to no fault of the property * * Check out this solid brick 3-bed, 1-bath brick bungalow in Detroit is a prime opportunity for those with a keen eye for potential. With some work, this home can be transformed into a profitable rental, resale opportunity or home for years to come! Buyer to verify all property pertinent information. SOLD AS IS. Do not enter without a licensed agent present. Schedule your appointment today!
-
2026-01-21status Active 464-char remark
Show marketing remark (464 chars)
* * this is back on the market, due to no fault of the property * * Check out this solid brick 3-bed, 1-bath brick bungalow in Detroit is a prime opportunity for those with a keen eye for potential. With some work, this home can be transformed into a profitable rental, resale opportunity or home for years to come! Buyer to verify all property pertinent information. SOLD AS IS. Do not enter without a licensed agent present. Schedule your appointment today!
-
2026-01-21status Active
Show marketing remark (464 chars)
* * this is back on the market, due to no fault of the property * * Check out this solid brick 3-bed, 1-bath brick bungalow in Detroit is a prime opportunity for those with a keen eye for potential. With some work, this home can be transformed into a profitable rental, resale opportunity or home for years to come! Buyer to verify all property pertinent information. SOLD AS IS. Do not enter without a licensed agent present. Schedule your appointment today!
-
2026-01-21price $55,000
Show marketing remark (464 chars)
* * this is back on the market, due to no fault of the property * * Check out this solid brick 3-bed, 1-bath brick bungalow in Detroit is a prime opportunity for those with a keen eye for potential. With some work, this home can be transformed into a profitable rental, resale opportunity or home for years to come! Buyer to verify all property pertinent information. SOLD AS IS. Do not enter without a licensed agent present. Schedule your appointment today!
-
2025-12-16status Pending 464-char remark
Show marketing remark (464 chars)
* * this is back on the market, due to no fault of the property * * Check out this solid brick 3-bed, 1-bath brick bungalow in Detroit is a prime opportunity for those with a keen eye for potential. With some work, this home can be transformed into a profitable rental, resale opportunity or home for years to come! Buyer to verify all property pertinent information. SOLD AS IS. Do not enter without a licensed agent present. Schedule your appointment today!
-
2025-12-16historical
Show marketing remark (464 chars)
* * this is back on the market, due to no fault of the property * * Check out this solid brick 3-bed, 1-bath brick bungalow in Detroit is a prime opportunity for those with a keen eye for potential. With some work, this home can be transformed into a profitable rental, resale opportunity or home for years to come! Buyer to verify all property pertinent information. SOLD AS IS. Do not enter without a licensed agent present. Schedule your appointment today!
-
2025-12-16status Pending
Show marketing remark (464 chars)
* * this is back on the market, due to no fault of the property * * Check out this solid brick 3-bed, 1-bath brick bungalow in Detroit is a prime opportunity for those with a keen eye for potential. With some work, this home can be transformed into a profitable rental, resale opportunity or home for years to come! Buyer to verify all property pertinent information. SOLD AS IS. Do not enter without a licensed agent present. Schedule your appointment today!
-
2025-10-24$60,000 Active 464-char remark
Show marketing remark (464 chars)
* * this is back on the market, due to no fault of the property * * Check out this solid brick 3-bed, 1-bath brick bungalow in Detroit is a prime opportunity for those with a keen eye for potential. With some work, this home can be transformed into a profitable rental, resale opportunity or home for years to come! Buyer to verify all property pertinent information. SOLD AS IS. Do not enter without a licensed agent present. Schedule your appointment today!
-
2025-10-24$60,000 Active
Show marketing remark (464 chars)
* * this is back on the market, due to no fault of the property * * Check out this solid brick 3-bed, 1-bath brick bungalow in Detroit is a prime opportunity for those with a keen eye for potential. With some work, this home can be transformed into a profitable rental, resale opportunity or home for years to come! Buyer to verify all property pertinent information. SOLD AS IS. Do not enter without a licensed agent present. Schedule your appointment today!
-
2024-01-02status Pending
-
2024-01-02status Pending
-
2024-01-02historical
-
2024-01-02historical
-
2023-12-21$34,750 Active
-
2023-12-21historical
-
2023-12-21$34,750 Active
-
2023-12-21historical
-
2023-08-22$34,999 Active
-
2023-08-22$34,999 Active
-
2023-05-31historical
-
2023-05-31historical
-
2023-05-06price $35,000
-
2023-05-06price $35,000
-
2023-03-14price $38,500
-
2023-03-13price $38,500
-
2023-02-21$39,999 Active
-
2023-02-21$39,999 Active
-
2011-05-31soldstatus $5,303
-
2011-05-31soldstatus $5,303
-
2011-04-13historical
-
2011-04-08$5,000
-
2011-04-08$5,000
-
2003-10-06soldstatus $95,000
-
2003-07-25soldstatus $95,000
-
2003-05-19historical
-
2003-05-05$89,900
-
2003-01-20soldstatus $54,900
-
2003-01-20soldstatus $54,900
-
2002-12-24historical
-
2002-12-20historical
-
2002-10-24$56,900
-
2002-10-24$56,900
-
2002-04-08$77,900
-
2002-01-17soldstatus $55,024
-
1998-04-08soldstatus $45,500
-
1998-03-05soldstatus $45,500
-
1997-11-17historical
ⓘ 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
- $873 · $73/mo
- Projected year-2 tax
- $873 · $73/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ 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 ≥96°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
- $16,314
- − Mortgage interest
- −$3,081
- − Property taxes
- −$873
- − Insurance
- −$275
- − Repairs & maintenance
- −$1,305
- − Management
- −$1,305
- − Depreciation
- −$1,600
- Taxable income
- $7,875
- Est. tax owed @ 24.0%
- −$1,890
- After-tax cash flow
- $6,389/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
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)
- 34,187
- Household income
- $38,966
- Rent vs Own
- Severe rent burden
- 2121.0
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 (93%)
- Race & ethnicity
- Black 93% White 3% Two or more races 2%
- Foreign-born
- 1% · Canada
- Languages at home
- 98% English-only · Spanish 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
- ▼ -91.80%
- Current HPI
- 235.0926
- Rent YoY
- ▲ 1.33%
- 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 |
|
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Price history
+74.6% since first listed55 events — show timeline
- 2026-04-09 Pending — MiRealSource-MiMLS
- 2026-04-09 Pending — REALCOMP
- 2026-01-29 Relisted — REALCOMP
- 2026-01-22 Price Changed $55,000 MiRealSource-MiMLS
- 2026-01-21 Relisted — MiRealSource-MiMLS
- 2026-01-21 Relisted — REALCOMP
- 2026-01-21 Price Changed $55,000 REALCOMP
- 2025-12-16 Pending — MiRealSource-MiMLS
- 2025-12-16 Listing Removed — REALCOMP
- 2025-12-16 Pending — REALCOMP
- 2025-10-24 Listed $60,000 REALCOMP
- 2025-10-24 Listed $60,000 MiRealSource-MiMLS
- 2024-01-02 Pending — MiRealSource-MiMLS
- 2024-01-02 Pending — REALCOMP
- 2024-01-02 Listing Removed — MiRealSource-MiMLS
- 2024-01-02 Listing Removed — REALCOMP
- 2023-12-21 Listing Removed — MiRealSource-MiMLS
- 2023-12-21 Listed $34,750 MiRealSource-MiMLS
- 2023-12-21 Listing Removed — REALCOMP
- 2023-12-21 Listed $34,750 REALCOMP
- 2023-08-22 Listed $34,999 MiRealSource-MiMLS
- 2023-08-22 Listed $34,999 REALCOMP
- 2023-05-31 Listing Removed — MiRealSource-MiMLS
- 2023-05-31 Listing Removed — REALCOMP
- 2023-05-06 Price Changed $35,000 MiRealSource-MiMLS
- 2023-05-06 Price Changed $35,000 REALCOMP
- 2023-03-14 Price Changed $38,500 MiRealSource-MiMLS
- 2023-03-13 Price Changed $38,500 REALCOMP
- 2023-02-21 Listed $39,999 MiRealSource-MiMLS
- 2023-02-21 Listed $39,999 REALCOMP
- 2011-05-31 Sold (MLS) $5,303 MiRealSource-MiMLS
- 2011-05-31 Sold (MLS) $5,303 REALCOMP
- 2011-04-13 Listing Removed — MiRealSource-MiMLS
- 2011-04-08 Listed $5,000 MiRealSource-MiMLS
- 2011-04-08 Listed $5,000 REALCOMP
- 2003-10-06 Sold (Public Records) $95,000 Public Records
- 2003-07-25 Sold (MLS) $95,000 MiRealSource-MiMLS
- 2003-05-19 Listing Removed — MiRealSource-MiMLS
- 2003-05-05 Listed $89,900 MiRealSource-MiMLS
- 2003-01-20 Sold (MLS) $54,900 MiRealSource-MiMLS
- 2003-01-20 Sold (MLS) $54,900 REALCOMP
- 2002-12-24 Listing Removed — REALCOMP
- 2002-12-20 Listing Removed — MiRealSource-MiMLS
- 2002-10-24 Listed $56,900 MiRealSource-MiMLS
- 2002-10-24 Listed $56,900 REALCOMP
- 2002-04-08 Listed $77,900 REALCOMP
- 2002-01-17 Sold (Public Records) $55,024 Public Records
- 1998-04-08 Sold (Public Records) $45,500 Public Records
- 1998-03-05 Sold (MLS) $45,500 MiRealSource-MiMLS
- 1997-11-17 Listing Removed — MiRealSource-MiMLS
- 1997-10-29 Listed $45,500 MiRealSource-MiMLS
- 1995-05-31 Sold (Public Records) $29,317 Public Records
- 1995-05-31 Sold (MLS) $29,300 MiRealSource-MiMLS
- 1995-03-23 Listing Removed — MiRealSource-MiMLS
- 1995-03-22 Listed $31,500 MiRealSource-MiMLS
Property tax history
-5.9%/yrLatest (2025): $873 · -53.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…