13101 Santa Rosa Dr · Detroit, MI 48238

$139,400

3 bd · 1.0 ba · 1,195 sqft · SingleFamily public records · 165 Days on market

Built 1940 3,920 sqft lot $117/sqft · 108% above area

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Why this score? — see what drove the D 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 +16.3/30.0
• ARV discount +7.5/15.0
• DSCR +5.0/10.0
• Rent growth +4.0/5.0
• Livability +3.7/5.0
• 1% rule +3.6/10.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 13101 Santa Rosa Drive, a beautifully updated move in ready 3 bedroom, 1 bathroom home combining modern upgrades, timeless character, and strong investment potential. This well-maintained property features a brand new kitchen with contemporary finishes, an updated full bathroom, and refinished hardwood flooring throughout, offering both style and durability. The bright, open-concept living and dining areas provide excellent flow for entertaining, gatherings, or comfortable everyday living. Large windows allow for abundant natural light, enhancing the home's warm and inviting atmosphere. The property includes a spacious 2-car detached garage, ideal for secure parking, storage, or workspace flexibility. Positioned on a desirable corner lot, the home offers additional yard space, attractive curb appeal, and added privacy. Conveniently located near I-96, Southfield Freeway, and major commuter routes, providing easy access to Downtown Detroit, surrounding suburbs, shopping centers, restaurants, parks, and entertainment options. Located near several higher education institutions including University of Detroit Mercy, Marygrove Conservancy campus, and Wayne County Community College District, creating excellent opportunities for owner occupants, student housing, or rental investment. Ideal for first-time home buyers, or investors seeking a turnkey rental property. Homes with this level of updates, location convenience, and value rarely last. Schedule your private showing today.

Key facts

• Brand new kitchen
• Move in ready
• Updated bathroom

Tags

• BRAND NEW KITCHEN
• UPDATED BATHROOM
• HARDWOOD FLOORS
• CORNER LOT
• MOVE IN READY

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $139k.

Deal economics

• At list price, monthly cash flow is $76 ($906/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $119k (14.5% below list).
• Recommended offer: $119k (14.5% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 10.0% in Detroit — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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: Durfee Elementarymiddle School (593 students, 91% FRL); Central High School (math 24% / reading 24%, grade F, #481 of 713 statewide, top 81%, 353 students, 89% FRL) — zoned schools at 90% FRL track the district average.
• Market conditions: Rents rising fast (+6.1%/yr); 350 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 43% of the median local income ($33k/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 $964 of loan paydown is wiped out by about $4k 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.

Negotiation context

• It's been on market 165 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 22y 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 $8k; list at $139k implies a 1621% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $119,214 (14.5% below list)

Questions for the listing agent

1. It's been on market 165 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.86% ✗
• Cap rate: 6.94%
• Cash-on-cash: 2.32%
• DSCR: 1.10
• GRM: 9.7

CMA / ARV

• ARV (median comp): $67,138
• List price: $139,400
• Delta: 107.63%
• 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
4052 W Buena Vista St	0.47mi	3/1.5	1,242 (+4%)	1mo	$160,000	$129	69
4232 W Buena Vista St	0.38mi	3/1.5	1,208 (+1%)	12mo	$25,000	$21	68
3735 W Buena Vista St	0.64mi	3/1.5	1,213 (+2%)	3mo	$164,900	$136	63
4225 Tyler St	0.39mi	2/1.0 (-1)	1,144 (-4%)	13mo	$16,500	$14	59
13218 Stoepel St	0.14mi	3/1.0	1,372 (+15%)	14mo	$66,500	$48	57
12395 Roselawn St	0.52mi	3/1.0	1,248 (+4%)	14mo	$70,000	$56	56
13903 Cloverlawn Ave	0.61mi	3/1.5	1,265 (+6%)	5mo	$140,000	$111	56
13581 Cloverlawn St	0.57mi	4/2.0 (+1)	1,240 (+4%)	4mo	$143,000	$115	55
4835 Cortland St	0.41mi	3/1.5	1,364 (+14%)	13mo	$12,500	$9	44
11634 Nardin Dr	0.73mi	3/1.5	1,074 (-10%)	11mo	$30,000	$28	38
3730 Pasadena St	0.70mi	3/1.0	1,359 (+14%)	11mo	$83,500	$61	35
4072 Kendall St	0.66mi	3/1.5	1,357 (+14%)	15mo	$121,000	$89	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 · 6.14% rent growth · sell at horizon

5-year hold

• IRR: -9.5%
• Equity multiple: 0.64×
• Total profit: $-13,936
• Equity at exit: $20,785

10-year hold

• IRR: 3.4%
• Equity multiple: 1.28×
• Total profit: $10,893
• Equity at exit: $12,053

Cash invested: $39,032 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48238

• Home prices YoY: -14.4%
• Rents YoY: 6.1%
• Active inventory: 350
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,192 high
• Mortgage (P&I): −$731
• Tax from tax record: −$77 /mo · $926/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$250
• Net cashflow: $76

Break-even live

Break-even rent $1,097

Max offer price $139,400

Occupancy floor 89%

Sensitivity live

Price	-10% $154	-5% $115	+0% $76	+5% $36	+10% $-3
Rent	-10% $-19	-5% $28	+0% $76	+5% $123	+10% $170
Rate	-1.0pp $146	-0.5pp $111	base $76	+0.5pp $39	+1.0pp $3

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: $34,850
• Closing costs: $4,182
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12663 Stoepel St Detroit, MI	2.0	1.0	1100	$1,050	$0.95	23d	1	0.15mi
12663 Stoepel St Unit 1 Detroit, MI	2.0	1.0	750	$975	$1.30	19d	1	0.15mi
12415 Monica St Detroit, MI	2.0	1.0	1000	$1,200	$1.20	45d	1	0.22mi
4336 Buena Vista St Detroit, MI	3.0	1.0	1300	$1,100	$0.85	45d	1	0.30mi
2926 Ewald Cir Detroit, MI	2.0	1.0	800	$900	$1.12	19d	1	0.32mi
13620 Tuller St Detroit, MI	4.0	1.0	1064	$1,374	$1.29	14d	1	0.36mi
4287 W Grand St Unit 4289 Detroit, MI	3.0	1.0	1250	$1,000	$0.80	45d	1	0.40mi
4203 Tyler St Detroit, MI	2.0	1.0	950	$895	$0.94	45d	1	0.42mi
2690 Ewald Cir Detroit, MI	1.0–2.0	1.0	750	$900	$1.20	26d	4	0.46mi
12032 Santa Rosa Dr Unit 1 Detroit, MI	3.0	1.0	900	$1,278	$1.42	0d	1	0.51mi
4268 Cortland St Unit 1 Detroit, MI	2.0	1.0	1000	$1,050	$1.05	45d	1	0.51mi
4045 Clements St Detroit, MI	3.0	1.0	850	$1,150	$1.35	26d	1	0.52mi
4045 Clements St Detroit, MI	3.0	1.0	850	$1,150	$1.35	45d	1	0.52mi
12019 Stoepel St Detroit, MI	2.0	1.0	1000	$943	$0.94	6d	1	0.53mi
3824 Tyler St Apt 1 Detroit, MI	3.0	1.0	900	$1,523	$1.69	18d	1	0.56mi
12703 Northlawn St Detroit, MI	2.0	1.0	1365	$1,053	$0.77	22d	1	0.58mi
3783 Tyler St Unit Lower Detroit, MI	3.0	1.0	1000	$1,150	$1.15	45d	1	0.60mi
12303 Cloverlawn St Detroit, MI	3.0	1.5	1454	$1,400	$0.96	45d	1	0.60mi
3812 W Grand St Detroit, MI	2.0	1.0	1100	$1,025	$0.93	18d	1	0.62mi
14011 Roselawn St Detroit, MI	4.0	1.5	1300	$1,450	$1.12	19d	1	0.64mi
14011 Roselawn St Detroit, MI	4.0	1.5	1300	$1,450	$1.12	3d	1	0.64mi
3740 Tyler St Unit 1 Detroit, MI	3.0	1.0	1300	$1,300	$1.00	6d	1	0.64mi
11704 Broadstreet Ave Detroit, MI	3.0	1.0	1200	$1,050	$0.88	45d	1	0.69mi
13979 Cherrylawn St Detroit, MI	3.0	1.0	1296	$1,334	$1.03	22d	1	0.75mi
13620 Kentucky St Detroit, MI	3.0	1.0	1248	$1,200	$0.96	6d	1	0.85mi
14242 Ohio St Detroit, MI	4.0	1.0	1400	$1,000	$0.71	45d	1	0.88mi
2034 Ewald Cir Detroit, MI	2.0	1.0	1000	$995	$0.99	6d	1	0.93mi
3224 Monterey St Unit 2E Detroit, MI	2.0	1.0	1200	$1,350	$1.12	45d	1	0.97mi
12144 Washburn St Detroit, MI	3.0	1.0	1200	$1,200	$1.00	16d	1	0.99mi
9917 Woodside St Apt 1 Detroit, MI	2.0	1.0	800	$800	$1.00	45d	1	1.00mi
14550 Northlawn St Detroit, MI	3.0	2.0	950	$1,200	$1.26	18d	1	1.01mi
Ohio St Unit 4 Detroit, MI	4.0	1.5	1400	$750	$0.54	45d	1	1.03mi
14656 Roselawn St Detroit, MI	3.0	1.0	1000	$1,200	$1.20	19d	1	1.04mi
14570 Cherrylawn St Detroit, MI	3.0	1.0	840	$1,250	$1.49	14d	1	1.05mi
2676 Sturtevant St Unit 1 Detroit, MI	2.0	1.0	1000	$1,000	$1.00	26d	1	1.15mi
12468 Mendota St Detroit, MI	2.0	1.0	1100	$1,000	$0.91	26d	1	1.15mi
12468 Mendota St Detroit, MI	2.0	1.0	1100	$1,100	$1.00	45d	1	1.15mi
13965 Mendota St Detroit, MI	3.0	1.0	1222	$1,294	$1.06	19d	1	1.22mi
2638 Richton St Unit 2638 Richton Upper Detroit, MI	2.0	1.0	1000	$900	$0.90	45d	1	1.22mi
3266 Calvert Ave Fl 2 Detroit, MI	3.0	1.0	1279	$1,300	$1.02	26d	1	1.23mi

Listing history 33 events

1. 2026-04-27
   price $139,400 1505-char remark

   Show marketing remark (1511 chars)

   Welcome to 13101 Santa Rosa Drive, a beautifully updated move in ready 3 bedroom, 1 bathroom home combining modern upgrades, timeless character, and strong investment potential. This well-maintained property features a brand new kitchen with contemporary finishes, an updated full bathroom, and refinished hardwood flooring throughout, offering both style and durability. The bright, open-concept living and dining areas provide excellent flow for entertaining, gatherings, or comfortable everyday living. Large windows allow for abundant natural light, enhancing the home’s warm and inviting atmosphere. The property includes a spacious 2-car detached garage, ideal for secure parking, storage, or workspace flexibility. Positioned on a desirable corner lot, the home offers additional yard space, attractive curb appeal, and added privacy. Conveniently located near I-96, Southfield Freeway, and major commuter routes, providing easy access to Downtown Detroit, surrounding suburbs, shopping centers, restaurants, parks, and entertainment options. Located near several higher education institutions including University of Detroit Mercy, Marygrove Conservancy campus, and Wayne County Community College District, creating excellent opportunities for owner occupants, student housing, or rental investment. Ideal for first-time home buyers, or investors seeking a turnkey rental property. Homes with this level of updates, location convenience, and value rarely last. Schedule your private showing today.

2. 2026-04-27
   price $139,400 1511-char remark

   Show marketing remark (1511 chars)

   Welcome to 13101 Santa Rosa Drive, a beautifully updated move in ready 3 bedroom, 1 bathroom home combining modern upgrades, timeless character, and strong investment potential. This well-maintained property features a brand new kitchen with contemporary finishes, an updated full bathroom, and refinished hardwood flooring throughout, offering both style and durability. The bright, open-concept living and dining areas provide excellent flow for entertaining, gatherings, or comfortable everyday living. Large windows allow for abundant natural light, enhancing the home’s warm and inviting atmosphere. The property includes a spacious 2-car detached garage, ideal for secure parking, storage, or workspace flexibility. Positioned on a desirable corner lot, the home offers additional yard space, attractive curb appeal, and added privacy. Conveniently located near I-96, Southfield Freeway, and major commuter routes, providing easy access to Downtown Detroit, surrounding suburbs, shopping centers, restaurants, parks, and entertainment options. Located near several higher education institutions including University of Detroit Mercy, Marygrove Conservancy campus, and Wayne County Community College District, creating excellent opportunities for owner occupants, student housing, or rental investment. Ideal for first-time home buyers, or investors seeking a turnkey rental property. Homes with this level of updates, location convenience, and value rarely last. Schedule your private showing today.

3. 2026-02-05
   price $139,500 1505-char remark

   Show marketing remark (1505 chars)

   Welcome to 13101 Santa Rosa Drive, a beautifully updated move in ready 3 bedroom, 1 bathroom home combining modern upgrades, timeless character, and strong investment potential. This well-maintained property features a brand new kitchen with contemporary finishes, an updated full bathroom, and refinished hardwood flooring throughout, offering both style and durability. The bright, open-concept living and dining areas provide excellent flow for entertaining, gatherings, or comfortable everyday living. Large windows allow for abundant natural light, enhancing the home's warm and inviting atmosphere. The property includes a spacious 2-car detached garage, ideal for secure parking, storage, or workspace flexibility. Positioned on a desirable corner lot, the home offers additional yard space, attractive curb appeal, and added privacy. Conveniently located near I-96, Southfield Freeway, and major commuter routes, providing easy access to Downtown Detroit, surrounding suburbs, shopping centers, restaurants, parks, and entertainment options. Located near several higher education institutions including University of Detroit Mercy, Marygrove Conservancy campus, and Wayne County Community College District, creating excellent opportunities for owner occupants, student housing, or rental investment. Ideal for first-time home buyers, or investors seeking a turnkey rental property. Homes with this level of updates, location convenience, and value rarely last. Schedule your private showing today.

4. 2026-02-04
   price $139,500 1511-char remark

   Show marketing remark (1511 chars)

   Welcome to 13101 Santa Rosa Drive, a beautifully updated move in ready 3 bedroom, 1 bathroom home combining modern upgrades, timeless character, and strong investment potential. This well-maintained property features a brand new kitchen with contemporary finishes, an updated full bathroom, and refinished hardwood flooring throughout, offering both style and durability. The bright, open-concept living and dining areas provide excellent flow for entertaining, gatherings, or comfortable everyday living. Large windows allow for abundant natural light, enhancing the home’s warm and inviting atmosphere. The property includes a spacious 2-car detached garage, ideal for secure parking, storage, or workspace flexibility. Positioned on a desirable corner lot, the home offers additional yard space, attractive curb appeal, and added privacy. Conveniently located near I-96, Southfield Freeway, and major commuter routes, providing easy access to Downtown Detroit, surrounding suburbs, shopping centers, restaurants, parks, and entertainment options. Located near several higher education institutions including University of Detroit Mercy, Marygrove Conservancy campus, and Wayne County Community College District, creating excellent opportunities for owner occupants, student housing, or rental investment. Ideal for first-time home buyers, or investors seeking a turnkey rental property. Homes with this level of updates, location convenience, and value rarely last. Schedule your private showing today.

5. 2026-01-21
   price $139,800 1505-char remark

   Show marketing remark (1505 chars)

   Welcome to 13101 Santa Rosa Drive, a beautifully updated move in ready 3 bedroom, 1 bathroom home combining modern upgrades, timeless character, and strong investment potential. This well-maintained property features a brand new kitchen with contemporary finishes, an updated full bathroom, and refinished hardwood flooring throughout, offering both style and durability. The bright, open-concept living and dining areas provide excellent flow for entertaining, gatherings, or comfortable everyday living. Large windows allow for abundant natural light, enhancing the home's warm and inviting atmosphere. The property includes a spacious 2-car detached garage, ideal for secure parking, storage, or workspace flexibility. Positioned on a desirable corner lot, the home offers additional yard space, attractive curb appeal, and added privacy. Conveniently located near I-96, Southfield Freeway, and major commuter routes, providing easy access to Downtown Detroit, surrounding suburbs, shopping centers, restaurants, parks, and entertainment options. Located near several higher education institutions including University of Detroit Mercy, Marygrove Conservancy campus, and Wayne County Community College District, creating excellent opportunities for owner occupants, student housing, or rental investment. Ideal for first-time home buyers, or investors seeking a turnkey rental property. Homes with this level of updates, location convenience, and value rarely last. Schedule your private showing today.

6. 2026-01-20
   price $139,800 1511-char remark

   Show marketing remark (1511 chars)

   Welcome to 13101 Santa Rosa Drive, a beautifully updated move in ready 3 bedroom, 1 bathroom home combining modern upgrades, timeless character, and strong investment potential. This well-maintained property features a brand new kitchen with contemporary finishes, an updated full bathroom, and refinished hardwood flooring throughout, offering both style and durability. The bright, open-concept living and dining areas provide excellent flow for entertaining, gatherings, or comfortable everyday living. Large windows allow for abundant natural light, enhancing the home’s warm and inviting atmosphere. The property includes a spacious 2-car detached garage, ideal for secure parking, storage, or workspace flexibility. Positioned on a desirable corner lot, the home offers additional yard space, attractive curb appeal, and added privacy. Conveniently located near I-96, Southfield Freeway, and major commuter routes, providing easy access to Downtown Detroit, surrounding suburbs, shopping centers, restaurants, parks, and entertainment options. Located near several higher education institutions including University of Detroit Mercy, Marygrove Conservancy campus, and Wayne County Community College District, creating excellent opportunities for owner occupants, student housing, or rental investment. Ideal for first-time home buyers, or investors seeking a turnkey rental property. Homes with this level of updates, location convenience, and value rarely last. Schedule your private showing today.

7. 2025-12-16
   listed $139,900 Active 1505-char remark

   Show marketing remark (1511 chars)

   Welcome to 13101 Santa Rosa Drive, a beautifully updated move in ready 3 bedroom, 1 bathroom home combining modern upgrades, timeless character, and strong investment potential. This well-maintained property features a brand new kitchen with contemporary finishes, an updated full bathroom, and refinished hardwood flooring throughout, offering both style and durability. The bright, open-concept living and dining areas provide excellent flow for entertaining, gatherings, or comfortable everyday living. Large windows allow for abundant natural light, enhancing the home’s warm and inviting atmosphere. The property includes a spacious 2-car detached garage, ideal for secure parking, storage, or workspace flexibility. Positioned on a desirable corner lot, the home offers additional yard space, attractive curb appeal, and added privacy. Conveniently located near I-96, Southfield Freeway, and major commuter routes, providing easy access to Downtown Detroit, surrounding suburbs, shopping centers, restaurants, parks, and entertainment options. Located near several higher education institutions including University of Detroit Mercy, Marygrove Conservancy campus, and Wayne County Community College District, creating excellent opportunities for owner occupants, student housing, or rental investment. Ideal for first-time home buyers, or investors seeking a turnkey rental property. Homes with this level of updates, location convenience, and value rarely last. Schedule your private showing today.

8. 2025-12-16
   listed $139,900 Active 1511-char remark

   Show marketing remark (1511 chars)

   Welcome to 13101 Santa Rosa Drive, a beautifully updated move in ready 3 bedroom, 1 bathroom home combining modern upgrades, timeless character, and strong investment potential. This well-maintained property features a brand new kitchen with contemporary finishes, an updated full bathroom, and refinished hardwood flooring throughout, offering both style and durability. The bright, open-concept living and dining areas provide excellent flow for entertaining, gatherings, or comfortable everyday living. Large windows allow for abundant natural light, enhancing the home’s warm and inviting atmosphere. The property includes a spacious 2-car detached garage, ideal for secure parking, storage, or workspace flexibility. Positioned on a desirable corner lot, the home offers additional yard space, attractive curb appeal, and added privacy. Conveniently located near I-96, Southfield Freeway, and major commuter routes, providing easy access to Downtown Detroit, surrounding suburbs, shopping centers, restaurants, parks, and entertainment options. Located near several higher education institutions including University of Detroit Mercy, Marygrove Conservancy campus, and Wayne County Community College District, creating excellent opportunities for owner occupants, student housing, or rental investment. Ideal for first-time home buyers, or investors seeking a turnkey rental property. Homes with this level of updates, location convenience, and value rarely last. Schedule your private showing today.

9. 2024-03-16
   historical
10. 2024-03-16
    historical
11. 2023-11-23
    price $165,000
12. 2023-11-22
    price $165,000
13. 2023-10-17
    price $179,800
14. 2023-10-17
    price $179,800
15. 2023-09-19
    listed $179,900 Active
16. 2023-09-19
    listed $179,900 Active
17. 2023-09-18
    historical
18. 2023-09-18
    historical
19. 2009-11-24
    soldstatus $8,100
20. 2009-11-24
    soldstatus $8,100
21. 2009-11-11
    historical
22. 2009-10-31
    listed $7,900
23. 2009-10-31
    listed $7,900
24. 2006-11-17
    soldstatus $111,000
25. 2006-10-10
    soldstatus $111,000
26. 2006-10-10
    soldstatus $111,000
27. 2006-10-09
    historical
28. 2006-07-22
    listed $112,500
29. 2006-07-22
    listed $72,500
30. 2006-07-16
    historical
31. 2006-02-16
    listed $84,987
32. 2005-07-29
    historical
33. 2004-07-29
    listed $99,900

ⓘ 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: $926 · $77/mo
• Projected year-2 tax: $1,536 · $128/mo
• Expected delta: +$610/yr (+$51/mo · 65.9%)

ⓘ 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 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,306
• − Mortgage interest: −$7,809
• − Property taxes: −$926
• − Insurance: −$697
• − Repairs & maintenance: −$1,144
• − Management: −$1,144
• − Depreciation: −$4,055
• Taxable loss: −$1,470
• Est. tax savings @ 24.0%: +$353
• After-tax cash flow: $1,259/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): 24,731
• Household income: $33,315
• Rent vs Own: 53.0% rent · 47.0% own
• Severe rent burden: 2172.0

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 (94%)
• Race & ethnicity: Black 94% Two or more races 3% White 1%
• Foreign-born: 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: ▼ -31.96%
• Current HPI: 189.6227
• Rent YoY: ▲ 6.14%
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+39.5% since first listed

33 events — show timeline

• 2026-04-27 Price Changed $139,400 MiRealSource-MiMLS
• 2026-04-27 Price Changed $139,400 REALCOMP
• 2026-02-05 Price Changed $139,500 MiRealSource-MiMLS
• 2026-02-04 Price Changed $139,500 REALCOMP
• 2026-01-21 Price Changed $139,800 MiRealSource-MiMLS
• 2026-01-20 Price Changed $139,800 REALCOMP
• 2025-12-16 Listed $139,900 REALCOMP
• 2025-12-16 Listed $139,900 MiRealSource-MiMLS
• 2024-03-16 Listing Removed — REALCOMP
• 2024-03-16 Listing Removed — MiRealSource-MiMLS
• 2023-11-23 Price Changed $165,000 MiRealSource-MiMLS
• 2023-11-22 Price Changed $165,000 REALCOMP
• 2023-10-17 Price Changed $179,800 MiRealSource-MiMLS
• 2023-10-17 Price Changed $179,800 REALCOMP
• 2023-09-19 Listed $179,900 MiRealSource-MiMLS
• 2023-09-19 Listed $179,900 REALCOMP
• 2023-09-18 Coming Soon — MiRealSource-MiMLS
• 2023-09-18 Coming Soon — REALCOMP
• 2009-11-24 Sold (MLS) $8,100 REALCOMP
• 2009-11-24 Sold (MLS) $8,100 MiRealSource-MiMLS
• 2009-11-11 Listing Removed — MiRealSource-MiMLS
• 2009-10-31 Listed $7,900 REALCOMP
• 2009-10-31 Listed $7,900 MiRealSource-MiMLS
• 2006-11-17 Sold (Public Records) $111,000 Public Records
• 2006-10-10 Sold (MLS) $111,000 MiRealSource-MiMLS
• 2006-10-10 Sold (MLS) $111,000 REALCOMP
• 2006-10-09 Listing Removed — MiRealSource-MiMLS
• 2006-07-22 Listed $72,500 MiRealSource-MiMLS
• 2006-07-22 Listed $112,500 REALCOMP
• 2006-07-16 Listing Removed — REALCOMP
• 2006-02-16 Listed $84,987 REALCOMP
• 2005-07-29 Listing Removed — REALCOMP
• 2004-07-29 Listed $99,900 REALCOMP

Property tax history

-1.0%/yr

Latest (2025): $926 · -53.6% YoY. Source: county tax records.