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14231 Fordline St
D Composite 41.57
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 +17.4/30.0
  • DSCR +5.4/10.0
  • 1% rule +4.4/10.0
  • Livability +4.2/5.0
  • Rent growth +3.5/5.0
  • Schools +2.5/10.0
  • Condition / age +2.5/5.0
  • ARV discount +1.6/15.0
  • Appreciation +0.0/10.0

$169,900

14231 Fordline St · Southgate, MI 48195
3 bd · 1.0 ba · 864 sqft · SingleFamily public records · 176 Days on market
Built 1937 7,405 sqft lot $197/sqft · 13% above area Est $150k · 13% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

WELCOME TO THIS WELL-MAINTAINED, MOVE-IN–READY HOME OFFERING UPDATED COMFORT, DURABLE FINISHES, AND BRIGHT LIVING SPACES DESIGNED FOR EASY, EVERYDAY LIVING. WITH GREAT CURB APPEAL - INCLUDING VINYL SIDING, UPDATED BLACK FRONT STEPS, AND A SPACIOUS FRONT YARD - THIS HOME GREETS YOU WITH A CLEAN AND INVITING EXTERIOR. STEP INSIDE TO A GENEROUS LIVING ROOM FEATURING VINYL TILE FLOORING, NEUTRAL WALL COLORS, AND OVERSIZED WINDOWS THAT FILL THE SPACE WITH NATURAL LIGHT. THE KITCHEN CONTINUES THE PRACTICAL APPEAL WITH CERAMIC TILE FLOORING, SOLID WOOD CABINETS, AMPLE STORAGE, GENEROUS COUNTER SPACE, A GAS RANGE, AND AN INSTALLED DISHWASHER - PROVIDING BOTH FUNCTIONALITY AND A GREAT FOUNDATION FOR FUTURE UPGRADES. THE PRIVATE LIVING SPACES INCLUDE A BRIGHT AND AIRY BEDROOM WITH NEW LAMINATE WOOD-LOOK FLOORING, FRESHLY PAINTED WALLS, AND CRISP WHITE TRIM. THE MODERN FULL BATHROOM OFFERS AN ALL-WHITE DESIGN WITH CLEAN TILING, A SHOWER/TUB COMBO, EXCELLENT LIGHTING, AND A CONTEMPORARY VANITY WITH A BLACK-FINISH FAUCET AND BUILT-IN STORAGE. ONE OF THE STANDOUT FEATURES OF THIS HOME IS THE MASSIVE UNFINISHED BASEMENT. THIS WELL-MAINTAINED, HIGH-POTENTIAL SPACE INCLUDES A DEDICATED LAUNDRY AREA WITH AN INCLUDED WASHER AND DRYER, A SOLID CONCRETE FLOOR, AND ESSENTIAL MECHANICALS SUCH AS THE WATER HEATER AND HVAC FURNACE. WITH FRAMING ALREADY STARTED, THIS LOWER LEVEL PROVIDES INCREDIBLE FLEXIBILITY - IDEAL FOR A HOME GYM, WORKSHOP, STORAGE, OR FUTURE FINISHED LIVING SPACE. SET IN A PEACEFUL AND CONVENIENT NEIGHBORHOOD, THIS HOME DELIVERS PRACTICAL UPDATES, COMFORTABLE LIVING, AND ROOM TO PERSONALIZE. WHETHER YOU'RE A FIRST-TIME BUYER, INVESTOR, OR ANYONE SEEKING A LOW-MAINTENANCE HOME WITH GREAT POTENTIAL, THIS PROPERTY OFFERS EXCEPTIONAL VALUE.

Key facts

  • Black front steps
  • Spacious front yard
  • Solid wood cabinets

Tags

VINYL SIDINGBLACK FRONT STEPSSPACIOUS FRONT YARDVINYL TILE FLOORINGCERAMIC TILE FLOORINGSOLID WOOD CABINETS

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 $170k.

Deal economics

  • At list price, monthly cash flow is $127 ($2k/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 $160k (6.0% below list).
  • Recommended offer: $150k (12.0% below list) — sets the bar for market timing.
  • Cap rate 7.2% vs local median 5.2% in Southgate — 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 85/100 on livability (#29 in MI, #582 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools D, crime D-.
  • Southgate Community School District (suburban): math 21% / reading 36% proficiency, ranked #379 of 540 in MI (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: Rents rising fast (+4.0%/yr); 115 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 176 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1937 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $149,512 (12.0% below list)

Questions for the listing agent

  1. It's been on market 176 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1937 — 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 D-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 D 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
0.94%
Cap rate
7.19%
Cash-on-cash
3.21%
DSCR
1.14
GRM
8.9

CMA / ARV

ARV (median comp)
$150,231
List price
$169,900
Delta
19.75%
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
14359 Irene St 0.15mi 2/1.0 (-1) 824 (-5%) 4mo $149,900 $182 78
14178 Irene St 0.08mi 2/1.0 (-1) 840 (-3%) 12mo $160,000 $190 77
13620 Poplar St 0.27mi 2/1.0 (-1) 824 (-5%) 2mo $156,000 $189 73
14056 Irene St 0.11mi 2/1.0 (-1) 768 (-11%) 2mo $120,000 $156 70
14420 Trenton Rd 0.33mi 2/1.0 (-1) 910 (+5%) 3mo $165,000 $181 68
14268 Trenton Rd 0.31mi 2/1.0 (-1) 910 (+5%) 8mo $172,000 $189 65
14639 Trenton Rd 0.42mi 2/1.0 (-1) 824 (-5%) 11mo $157,000 $191 58
14733 Trenton Rd 0.46mi 2/1.0 (-1) 910 (+5%) 8mo $170,000 $187 58
14786 Poplar St 0.33mi 2/1.0 (-1) 750 (-13%) 4mo $143,000 $191 54
13199 Irene St 0.48mi 2/1.0 (-1) 772 (-11%) 8mo $99,000 $128 48
15110 Drake St 0.63mi 3/1.5 972 (+12%) 2mo $155,000 $159 46
13084 Fordline St 0.55mi 2/1.0 (-1) 740 (-14%) 6mo $180,000 $243 41

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 · 4.04% rent growth · sell at horizon

5-year hold
IRR
-10.1%
Equity multiple
0.63×
Total profit
$-17,737
Equity at exit
$25,333
10-year hold
IRR
0.6%
Equity multiple
1.04×
Total profit
$2,071
Equity at exit
$14,690

Cash invested: $47,572 (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 48195

Rents YoY
4.0%
Active inventory
115
Price-to-rent
8.9×

Monthly cashflow live

Estimated rent
$1,597 high interval (Pro) →
Mortgage (P&I)
$891
Tax from tax record
$173 /mo · $2,075/yr
Insurance
$71
HOA
$0
Vacancy / Maint / Mgmt
$335
Net cashflow
$127

Break-even live

Break-even rent $1,436
Max offer price $169,900
Occupancy floor 87%

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
$42,475
Closing costs
$5,097
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 11 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
13750 Village Green Blvd Southgate, MI 1.0–2.0 1.0 862 $1,625 $1.88 1d 9 0.53mi
13210 Village Park Dr Southgate, MI 2.0 1.0 630 $1,125 $1.78 1d 9 0.82mi
13185 Sycamore St Southgate, MI 3.0 1.0 1080 $1,700 $1.57 24d 1 0.85mi
13020 Pullman St Southgate, MI 4.0 1.0 1050 $1,550 $1.48 2d 1 0.94mi
13861 Strathcona St Southgate, MI 1.0–2.0 1.0–1.5 797 $1,140 $1.43 1d 5 1.02mi
4163 Burns Ave Lincoln Park, MI 3.0 1.0 900 $1,500 $1.67 1d 1 1.31mi
11400 Fordline St Allen Park, MI 1.0–2.0 1.0 880 $1,400 $1.59 2d 1 1.37mi
1569 Sycamore St Wyandotte, MI 3.0 1.0 944 $1,695 $1.80 43d 1 1.47mi
1760 Saint Johns Blvd Apt 14 Lincoln Park, MI 2.0 1.0 750 $995 $1.33 24d 1 1.47mi
1750 Saint Johns Blvd Unit 17 Lincoln Park, MI 2.0 1.0 750 $1,025 $1.37 24d 1 1.48mi
1650 19th St Wyandotte, MI 3.0 2.0 1100 $1,899 $1.73 18d 1 1.49mi

Listing history 23 events

  1. 2026-06-18
    days on market $169,900 Active 176 DOM
  2. 2026-06-17
    pricedays on market $169,900 Active 175 DOM
  3. 2026-06-16
    days on market $179,900 Active 174 DOM
  4. 2026-06-15
    days on market $179,900 Active 173 DOM
  5. 2026-06-13
    days on market $179,900 Active 171 DOM
  6. 2026-06-09
    days on market $179,900 Active 167 DOM
  7. 2026-06-08
    days on market $179,900 Active 166 DOM
  8. 2026-06-07
    days on market $179,900 Active 165 DOM
  9. 2026-06-04
    days on market $179,900 Active 162 DOM
  10. 2026-06-03
    days on market $179,900 Active 161 DOM
  11. 2026-06-02
    days on market $179,900 Active 160 DOM
  12. 2026-06-01
    days on market $179,900 Active 159 DOM
  13. 2026-05-31
    days on market $179,900 Active 158 DOM
  14. 2026-04-08
    status Active 1780-char remark
    Show marketing remark (1789 chars)

    WELCOME TO THIS WELL-MAINTAINED, MOVE-IN–READY HOME OFFERING UPDATED COMFORT, DURABLE FINISHES, AND BRIGHT LIVING SPACES DESIGNED FOR EASY, EVERYDAY LIVING. WITH GREAT CURB APPEAL—INCLUDING VINYL SIDING, UPDATED BLACK FRONT STEPS, AND A SPACIOUS FRONT YARD—THIS HOME GREETS YOU WITH A CLEAN AND INVITING EXTERIOR. STEP INSIDE TO A GENEROUS LIVING ROOM FEATURING VINYL TILE FLOORING, NEUTRAL WALL COLORS, AND OVERSIZED WINDOWS THAT FILL THE SPACE WITH NATURAL LIGHT. THE KITCHEN CONTINUES THE PRACTICAL APPEAL WITH CERAMIC TILE FLOORING, SOLID WOOD CABINETS, AMPLE STORAGE, GENEROUS COUNTER SPACE, A GAS RANGE, AND AN INSTALLED DISHWASHER—PROVIDING BOTH FUNCTIONALITY AND A GREAT FOUNDATION FOR FUTURE UPGRADES. THE PRIVATE LIVING SPACES INCLUDE A BRIGHT AND AIRY BEDROOM WITH NEW LAMINATE WOOD-LOOK FLOORING, FRESHLY PAINTED WALLS, AND CRISP WHITE TRIM. THE MODERN FULL BATHROOM OFFERS AN ALL-WHITE DESIGN WITH CLEAN TILING, A SHOWER/TUB COMBO, EXCELLENT LIGHTING, AND A CONTEMPORARY VANITY WITH A BLACK-FINISH FAUCET AND BUILT-IN STORAGE. ONE OF THE STANDOUT FEATURES OF THIS HOME IS THE MASSIVE UNFINISHED BASEMENT. THIS WELL-MAINTAINED, HIGH-POTENTIAL SPACE INCLUDES A DEDICATED LAUNDRY AREA WITH AN INCLUDED WASHER AND DRYER, A SOLID CONCRETE FLOOR, AND ESSENTIAL MECHANICALS SUCH AS THE WATER HEATER AND HVAC FURNACE. WITH FRAMING ALREADY STARTED, THIS LOWER LEVEL PROVIDES INCREDIBLE FLEXIBILITY—IDEAL FOR A HOME GYM, WORKSHOP, STORAGE, OR FUTURE FINISHED LIVING SPACE. SET IN A PEACEFUL AND CONVENIENT NEIGHBORHOOD, THIS HOME DELIVERS PRACTICAL UPDATES, COMFORTABLE LIVING, AND ROOM TO PERSONALIZE. WHETHER YOU’RE A FIRST-TIME BUYER, INVESTOR, OR ANYONE SEEKING A LOW-MAINTENANCE HOME WITH GREAT POTENTIAL, THIS PROPERTY OFFERS EXCEPTIONAL VALUE.

  15. 2026-04-08
    status Active 1789-char remark
    Show marketing remark (1789 chars)

    WELCOME TO THIS WELL-MAINTAINED, MOVE-IN–READY HOME OFFERING UPDATED COMFORT, DURABLE FINISHES, AND BRIGHT LIVING SPACES DESIGNED FOR EASY, EVERYDAY LIVING. WITH GREAT CURB APPEAL—INCLUDING VINYL SIDING, UPDATED BLACK FRONT STEPS, AND A SPACIOUS FRONT YARD—THIS HOME GREETS YOU WITH A CLEAN AND INVITING EXTERIOR. STEP INSIDE TO A GENEROUS LIVING ROOM FEATURING VINYL TILE FLOORING, NEUTRAL WALL COLORS, AND OVERSIZED WINDOWS THAT FILL THE SPACE WITH NATURAL LIGHT. THE KITCHEN CONTINUES THE PRACTICAL APPEAL WITH CERAMIC TILE FLOORING, SOLID WOOD CABINETS, AMPLE STORAGE, GENEROUS COUNTER SPACE, A GAS RANGE, AND AN INSTALLED DISHWASHER—PROVIDING BOTH FUNCTIONALITY AND A GREAT FOUNDATION FOR FUTURE UPGRADES. THE PRIVATE LIVING SPACES INCLUDE A BRIGHT AND AIRY BEDROOM WITH NEW LAMINATE WOOD-LOOK FLOORING, FRESHLY PAINTED WALLS, AND CRISP WHITE TRIM. THE MODERN FULL BATHROOM OFFERS AN ALL-WHITE DESIGN WITH CLEAN TILING, A SHOWER/TUB COMBO, EXCELLENT LIGHTING, AND A CONTEMPORARY VANITY WITH A BLACK-FINISH FAUCET AND BUILT-IN STORAGE. ONE OF THE STANDOUT FEATURES OF THIS HOME IS THE MASSIVE UNFINISHED BASEMENT. THIS WELL-MAINTAINED, HIGH-POTENTIAL SPACE INCLUDES A DEDICATED LAUNDRY AREA WITH AN INCLUDED WASHER AND DRYER, A SOLID CONCRETE FLOOR, AND ESSENTIAL MECHANICALS SUCH AS THE WATER HEATER AND HVAC FURNACE. WITH FRAMING ALREADY STARTED, THIS LOWER LEVEL PROVIDES INCREDIBLE FLEXIBILITY—IDEAL FOR A HOME GYM, WORKSHOP, STORAGE, OR FUTURE FINISHED LIVING SPACE. SET IN A PEACEFUL AND CONVENIENT NEIGHBORHOOD, THIS HOME DELIVERS PRACTICAL UPDATES, COMFORTABLE LIVING, AND ROOM TO PERSONALIZE. WHETHER YOU’RE A FIRST-TIME BUYER, INVESTOR, OR ANYONE SEEKING A LOW-MAINTENANCE HOME WITH GREAT POTENTIAL, THIS PROPERTY OFFERS EXCEPTIONAL VALUE.

  16. 2026-04-06
    status Pending 1780-char remark
    Show marketing remark (1789 chars)

    WELCOME TO THIS WELL-MAINTAINED, MOVE-IN–READY HOME OFFERING UPDATED COMFORT, DURABLE FINISHES, AND BRIGHT LIVING SPACES DESIGNED FOR EASY, EVERYDAY LIVING. WITH GREAT CURB APPEAL—INCLUDING VINYL SIDING, UPDATED BLACK FRONT STEPS, AND A SPACIOUS FRONT YARD—THIS HOME GREETS YOU WITH A CLEAN AND INVITING EXTERIOR. STEP INSIDE TO A GENEROUS LIVING ROOM FEATURING VINYL TILE FLOORING, NEUTRAL WALL COLORS, AND OVERSIZED WINDOWS THAT FILL THE SPACE WITH NATURAL LIGHT. THE KITCHEN CONTINUES THE PRACTICAL APPEAL WITH CERAMIC TILE FLOORING, SOLID WOOD CABINETS, AMPLE STORAGE, GENEROUS COUNTER SPACE, A GAS RANGE, AND AN INSTALLED DISHWASHER—PROVIDING BOTH FUNCTIONALITY AND A GREAT FOUNDATION FOR FUTURE UPGRADES. THE PRIVATE LIVING SPACES INCLUDE A BRIGHT AND AIRY BEDROOM WITH NEW LAMINATE WOOD-LOOK FLOORING, FRESHLY PAINTED WALLS, AND CRISP WHITE TRIM. THE MODERN FULL BATHROOM OFFERS AN ALL-WHITE DESIGN WITH CLEAN TILING, A SHOWER/TUB COMBO, EXCELLENT LIGHTING, AND A CONTEMPORARY VANITY WITH A BLACK-FINISH FAUCET AND BUILT-IN STORAGE. ONE OF THE STANDOUT FEATURES OF THIS HOME IS THE MASSIVE UNFINISHED BASEMENT. THIS WELL-MAINTAINED, HIGH-POTENTIAL SPACE INCLUDES A DEDICATED LAUNDRY AREA WITH AN INCLUDED WASHER AND DRYER, A SOLID CONCRETE FLOOR, AND ESSENTIAL MECHANICALS SUCH AS THE WATER HEATER AND HVAC FURNACE. WITH FRAMING ALREADY STARTED, THIS LOWER LEVEL PROVIDES INCREDIBLE FLEXIBILITY—IDEAL FOR A HOME GYM, WORKSHOP, STORAGE, OR FUTURE FINISHED LIVING SPACE. SET IN A PEACEFUL AND CONVENIENT NEIGHBORHOOD, THIS HOME DELIVERS PRACTICAL UPDATES, COMFORTABLE LIVING, AND ROOM TO PERSONALIZE. WHETHER YOU’RE A FIRST-TIME BUYER, INVESTOR, OR ANYONE SEEKING A LOW-MAINTENANCE HOME WITH GREAT POTENTIAL, THIS PROPERTY OFFERS EXCEPTIONAL VALUE.

  17. 2026-04-06
    status Pending 1789-char remark
    Show marketing remark (1789 chars)

    WELCOME TO THIS WELL-MAINTAINED, MOVE-IN–READY HOME OFFERING UPDATED COMFORT, DURABLE FINISHES, AND BRIGHT LIVING SPACES DESIGNED FOR EASY, EVERYDAY LIVING. WITH GREAT CURB APPEAL—INCLUDING VINYL SIDING, UPDATED BLACK FRONT STEPS, AND A SPACIOUS FRONT YARD—THIS HOME GREETS YOU WITH A CLEAN AND INVITING EXTERIOR. STEP INSIDE TO A GENEROUS LIVING ROOM FEATURING VINYL TILE FLOORING, NEUTRAL WALL COLORS, AND OVERSIZED WINDOWS THAT FILL THE SPACE WITH NATURAL LIGHT. THE KITCHEN CONTINUES THE PRACTICAL APPEAL WITH CERAMIC TILE FLOORING, SOLID WOOD CABINETS, AMPLE STORAGE, GENEROUS COUNTER SPACE, A GAS RANGE, AND AN INSTALLED DISHWASHER—PROVIDING BOTH FUNCTIONALITY AND A GREAT FOUNDATION FOR FUTURE UPGRADES. THE PRIVATE LIVING SPACES INCLUDE A BRIGHT AND AIRY BEDROOM WITH NEW LAMINATE WOOD-LOOK FLOORING, FRESHLY PAINTED WALLS, AND CRISP WHITE TRIM. THE MODERN FULL BATHROOM OFFERS AN ALL-WHITE DESIGN WITH CLEAN TILING, A SHOWER/TUB COMBO, EXCELLENT LIGHTING, AND A CONTEMPORARY VANITY WITH A BLACK-FINISH FAUCET AND BUILT-IN STORAGE. ONE OF THE STANDOUT FEATURES OF THIS HOME IS THE MASSIVE UNFINISHED BASEMENT. THIS WELL-MAINTAINED, HIGH-POTENTIAL SPACE INCLUDES A DEDICATED LAUNDRY AREA WITH AN INCLUDED WASHER AND DRYER, A SOLID CONCRETE FLOOR, AND ESSENTIAL MECHANICALS SUCH AS THE WATER HEATER AND HVAC FURNACE. WITH FRAMING ALREADY STARTED, THIS LOWER LEVEL PROVIDES INCREDIBLE FLEXIBILITY—IDEAL FOR A HOME GYM, WORKSHOP, STORAGE, OR FUTURE FINISHED LIVING SPACE. SET IN A PEACEFUL AND CONVENIENT NEIGHBORHOOD, THIS HOME DELIVERS PRACTICAL UPDATES, COMFORTABLE LIVING, AND ROOM TO PERSONALIZE. WHETHER YOU’RE A FIRST-TIME BUYER, INVESTOR, OR ANYONE SEEKING A LOW-MAINTENANCE HOME WITH GREAT POTENTIAL, THIS PROPERTY OFFERS EXCEPTIONAL VALUE.

  18. 2026-01-19
    status Active 1780-char remark
    Show marketing remark (1789 chars)

    WELCOME TO THIS WELL-MAINTAINED, MOVE-IN–READY HOME OFFERING UPDATED COMFORT, DURABLE FINISHES, AND BRIGHT LIVING SPACES DESIGNED FOR EASY, EVERYDAY LIVING. WITH GREAT CURB APPEAL—INCLUDING VINYL SIDING, UPDATED BLACK FRONT STEPS, AND A SPACIOUS FRONT YARD—THIS HOME GREETS YOU WITH A CLEAN AND INVITING EXTERIOR. STEP INSIDE TO A GENEROUS LIVING ROOM FEATURING VINYL TILE FLOORING, NEUTRAL WALL COLORS, AND OVERSIZED WINDOWS THAT FILL THE SPACE WITH NATURAL LIGHT. THE KITCHEN CONTINUES THE PRACTICAL APPEAL WITH CERAMIC TILE FLOORING, SOLID WOOD CABINETS, AMPLE STORAGE, GENEROUS COUNTER SPACE, A GAS RANGE, AND AN INSTALLED DISHWASHER—PROVIDING BOTH FUNCTIONALITY AND A GREAT FOUNDATION FOR FUTURE UPGRADES. THE PRIVATE LIVING SPACES INCLUDE A BRIGHT AND AIRY BEDROOM WITH NEW LAMINATE WOOD-LOOK FLOORING, FRESHLY PAINTED WALLS, AND CRISP WHITE TRIM. THE MODERN FULL BATHROOM OFFERS AN ALL-WHITE DESIGN WITH CLEAN TILING, A SHOWER/TUB COMBO, EXCELLENT LIGHTING, AND A CONTEMPORARY VANITY WITH A BLACK-FINISH FAUCET AND BUILT-IN STORAGE. ONE OF THE STANDOUT FEATURES OF THIS HOME IS THE MASSIVE UNFINISHED BASEMENT. THIS WELL-MAINTAINED, HIGH-POTENTIAL SPACE INCLUDES A DEDICATED LAUNDRY AREA WITH AN INCLUDED WASHER AND DRYER, A SOLID CONCRETE FLOOR, AND ESSENTIAL MECHANICALS SUCH AS THE WATER HEATER AND HVAC FURNACE. WITH FRAMING ALREADY STARTED, THIS LOWER LEVEL PROVIDES INCREDIBLE FLEXIBILITY—IDEAL FOR A HOME GYM, WORKSHOP, STORAGE, OR FUTURE FINISHED LIVING SPACE. SET IN A PEACEFUL AND CONVENIENT NEIGHBORHOOD, THIS HOME DELIVERS PRACTICAL UPDATES, COMFORTABLE LIVING, AND ROOM TO PERSONALIZE. WHETHER YOU’RE A FIRST-TIME BUYER, INVESTOR, OR ANYONE SEEKING A LOW-MAINTENANCE HOME WITH GREAT POTENTIAL, THIS PROPERTY OFFERS EXCEPTIONAL VALUE.

  19. 2026-01-19
    status Active 1789-char remark
    Show marketing remark (1789 chars)

    WELCOME TO THIS WELL-MAINTAINED, MOVE-IN–READY HOME OFFERING UPDATED COMFORT, DURABLE FINISHES, AND BRIGHT LIVING SPACES DESIGNED FOR EASY, EVERYDAY LIVING. WITH GREAT CURB APPEAL—INCLUDING VINYL SIDING, UPDATED BLACK FRONT STEPS, AND A SPACIOUS FRONT YARD—THIS HOME GREETS YOU WITH A CLEAN AND INVITING EXTERIOR. STEP INSIDE TO A GENEROUS LIVING ROOM FEATURING VINYL TILE FLOORING, NEUTRAL WALL COLORS, AND OVERSIZED WINDOWS THAT FILL THE SPACE WITH NATURAL LIGHT. THE KITCHEN CONTINUES THE PRACTICAL APPEAL WITH CERAMIC TILE FLOORING, SOLID WOOD CABINETS, AMPLE STORAGE, GENEROUS COUNTER SPACE, A GAS RANGE, AND AN INSTALLED DISHWASHER—PROVIDING BOTH FUNCTIONALITY AND A GREAT FOUNDATION FOR FUTURE UPGRADES. THE PRIVATE LIVING SPACES INCLUDE A BRIGHT AND AIRY BEDROOM WITH NEW LAMINATE WOOD-LOOK FLOORING, FRESHLY PAINTED WALLS, AND CRISP WHITE TRIM. THE MODERN FULL BATHROOM OFFERS AN ALL-WHITE DESIGN WITH CLEAN TILING, A SHOWER/TUB COMBO, EXCELLENT LIGHTING, AND A CONTEMPORARY VANITY WITH A BLACK-FINISH FAUCET AND BUILT-IN STORAGE. ONE OF THE STANDOUT FEATURES OF THIS HOME IS THE MASSIVE UNFINISHED BASEMENT. THIS WELL-MAINTAINED, HIGH-POTENTIAL SPACE INCLUDES A DEDICATED LAUNDRY AREA WITH AN INCLUDED WASHER AND DRYER, A SOLID CONCRETE FLOOR, AND ESSENTIAL MECHANICALS SUCH AS THE WATER HEATER AND HVAC FURNACE. WITH FRAMING ALREADY STARTED, THIS LOWER LEVEL PROVIDES INCREDIBLE FLEXIBILITY—IDEAL FOR A HOME GYM, WORKSHOP, STORAGE, OR FUTURE FINISHED LIVING SPACE. SET IN A PEACEFUL AND CONVENIENT NEIGHBORHOOD, THIS HOME DELIVERS PRACTICAL UPDATES, COMFORTABLE LIVING, AND ROOM TO PERSONALIZE. WHETHER YOU’RE A FIRST-TIME BUYER, INVESTOR, OR ANYONE SEEKING A LOW-MAINTENANCE HOME WITH GREAT POTENTIAL, THIS PROPERTY OFFERS EXCEPTIONAL VALUE.

  20. 2026-01-12
    status Pending 1780-char remark
    Show marketing remark (1789 chars)

    WELCOME TO THIS WELL-MAINTAINED, MOVE-IN–READY HOME OFFERING UPDATED COMFORT, DURABLE FINISHES, AND BRIGHT LIVING SPACES DESIGNED FOR EASY, EVERYDAY LIVING. WITH GREAT CURB APPEAL—INCLUDING VINYL SIDING, UPDATED BLACK FRONT STEPS, AND A SPACIOUS FRONT YARD—THIS HOME GREETS YOU WITH A CLEAN AND INVITING EXTERIOR. STEP INSIDE TO A GENEROUS LIVING ROOM FEATURING VINYL TILE FLOORING, NEUTRAL WALL COLORS, AND OVERSIZED WINDOWS THAT FILL THE SPACE WITH NATURAL LIGHT. THE KITCHEN CONTINUES THE PRACTICAL APPEAL WITH CERAMIC TILE FLOORING, SOLID WOOD CABINETS, AMPLE STORAGE, GENEROUS COUNTER SPACE, A GAS RANGE, AND AN INSTALLED DISHWASHER—PROVIDING BOTH FUNCTIONALITY AND A GREAT FOUNDATION FOR FUTURE UPGRADES. THE PRIVATE LIVING SPACES INCLUDE A BRIGHT AND AIRY BEDROOM WITH NEW LAMINATE WOOD-LOOK FLOORING, FRESHLY PAINTED WALLS, AND CRISP WHITE TRIM. THE MODERN FULL BATHROOM OFFERS AN ALL-WHITE DESIGN WITH CLEAN TILING, A SHOWER/TUB COMBO, EXCELLENT LIGHTING, AND A CONTEMPORARY VANITY WITH A BLACK-FINISH FAUCET AND BUILT-IN STORAGE. ONE OF THE STANDOUT FEATURES OF THIS HOME IS THE MASSIVE UNFINISHED BASEMENT. THIS WELL-MAINTAINED, HIGH-POTENTIAL SPACE INCLUDES A DEDICATED LAUNDRY AREA WITH AN INCLUDED WASHER AND DRYER, A SOLID CONCRETE FLOOR, AND ESSENTIAL MECHANICALS SUCH AS THE WATER HEATER AND HVAC FURNACE. WITH FRAMING ALREADY STARTED, THIS LOWER LEVEL PROVIDES INCREDIBLE FLEXIBILITY—IDEAL FOR A HOME GYM, WORKSHOP, STORAGE, OR FUTURE FINISHED LIVING SPACE. SET IN A PEACEFUL AND CONVENIENT NEIGHBORHOOD, THIS HOME DELIVERS PRACTICAL UPDATES, COMFORTABLE LIVING, AND ROOM TO PERSONALIZE. WHETHER YOU’RE A FIRST-TIME BUYER, INVESTOR, OR ANYONE SEEKING A LOW-MAINTENANCE HOME WITH GREAT POTENTIAL, THIS PROPERTY OFFERS EXCEPTIONAL VALUE.

  21. 2026-01-12
    status Pending 1789-char remark
    Show marketing remark (1789 chars)

    WELCOME TO THIS WELL-MAINTAINED, MOVE-IN–READY HOME OFFERING UPDATED COMFORT, DURABLE FINISHES, AND BRIGHT LIVING SPACES DESIGNED FOR EASY, EVERYDAY LIVING. WITH GREAT CURB APPEAL—INCLUDING VINYL SIDING, UPDATED BLACK FRONT STEPS, AND A SPACIOUS FRONT YARD—THIS HOME GREETS YOU WITH A CLEAN AND INVITING EXTERIOR. STEP INSIDE TO A GENEROUS LIVING ROOM FEATURING VINYL TILE FLOORING, NEUTRAL WALL COLORS, AND OVERSIZED WINDOWS THAT FILL THE SPACE WITH NATURAL LIGHT. THE KITCHEN CONTINUES THE PRACTICAL APPEAL WITH CERAMIC TILE FLOORING, SOLID WOOD CABINETS, AMPLE STORAGE, GENEROUS COUNTER SPACE, A GAS RANGE, AND AN INSTALLED DISHWASHER—PROVIDING BOTH FUNCTIONALITY AND A GREAT FOUNDATION FOR FUTURE UPGRADES. THE PRIVATE LIVING SPACES INCLUDE A BRIGHT AND AIRY BEDROOM WITH NEW LAMINATE WOOD-LOOK FLOORING, FRESHLY PAINTED WALLS, AND CRISP WHITE TRIM. THE MODERN FULL BATHROOM OFFERS AN ALL-WHITE DESIGN WITH CLEAN TILING, A SHOWER/TUB COMBO, EXCELLENT LIGHTING, AND A CONTEMPORARY VANITY WITH A BLACK-FINISH FAUCET AND BUILT-IN STORAGE. ONE OF THE STANDOUT FEATURES OF THIS HOME IS THE MASSIVE UNFINISHED BASEMENT. THIS WELL-MAINTAINED, HIGH-POTENTIAL SPACE INCLUDES A DEDICATED LAUNDRY AREA WITH AN INCLUDED WASHER AND DRYER, A SOLID CONCRETE FLOOR, AND ESSENTIAL MECHANICALS SUCH AS THE WATER HEATER AND HVAC FURNACE. WITH FRAMING ALREADY STARTED, THIS LOWER LEVEL PROVIDES INCREDIBLE FLEXIBILITY—IDEAL FOR A HOME GYM, WORKSHOP, STORAGE, OR FUTURE FINISHED LIVING SPACE. SET IN A PEACEFUL AND CONVENIENT NEIGHBORHOOD, THIS HOME DELIVERS PRACTICAL UPDATES, COMFORTABLE LIVING, AND ROOM TO PERSONALIZE. WHETHER YOU’RE A FIRST-TIME BUYER, INVESTOR, OR ANYONE SEEKING A LOW-MAINTENANCE HOME WITH GREAT POTENTIAL, THIS PROPERTY OFFERS EXCEPTIONAL VALUE.

  22. 2025-12-15
    listed $179,900 Active 1789-char remark
    Show marketing remark (1780 chars)

    WELCOME TO THIS WELL-MAINTAINED, MOVE-IN–READY HOME OFFERING UPDATED COMFORT, DURABLE FINISHES, AND BRIGHT LIVING SPACES DESIGNED FOR EASY, EVERYDAY LIVING. WITH GREAT CURB APPEAL - INCLUDING VINYL SIDING, UPDATED BLACK FRONT STEPS, AND A SPACIOUS FRONT YARD - THIS HOME GREETS YOU WITH A CLEAN AND INVITING EXTERIOR. STEP INSIDE TO A GENEROUS LIVING ROOM FEATURING VINYL TILE FLOORING, NEUTRAL WALL COLORS, AND OVERSIZED WINDOWS THAT FILL THE SPACE WITH NATURAL LIGHT. THE KITCHEN CONTINUES THE PRACTICAL APPEAL WITH CERAMIC TILE FLOORING, SOLID WOOD CABINETS, AMPLE STORAGE, GENEROUS COUNTER SPACE, A GAS RANGE, AND AN INSTALLED DISHWASHER - PROVIDING BOTH FUNCTIONALITY AND A GREAT FOUNDATION FOR FUTURE UPGRADES. THE PRIVATE LIVING SPACES INCLUDE A BRIGHT AND AIRY BEDROOM WITH NEW LAMINATE WOOD-LOOK FLOORING, FRESHLY PAINTED WALLS, AND CRISP WHITE TRIM. THE MODERN FULL BATHROOM OFFERS AN ALL-WHITE DESIGN WITH CLEAN TILING, A SHOWER/TUB COMBO, EXCELLENT LIGHTING, AND A CONTEMPORARY VANITY WITH A BLACK-FINISH FAUCET AND BUILT-IN STORAGE. ONE OF THE STANDOUT FEATURES OF THIS HOME IS THE MASSIVE UNFINISHED BASEMENT. THIS WELL-MAINTAINED, HIGH-POTENTIAL SPACE INCLUDES A DEDICATED LAUNDRY AREA WITH AN INCLUDED WASHER AND DRYER, A SOLID CONCRETE FLOOR, AND ESSENTIAL MECHANICALS SUCH AS THE WATER HEATER AND HVAC FURNACE. WITH FRAMING ALREADY STARTED, THIS LOWER LEVEL PROVIDES INCREDIBLE FLEXIBILITY - IDEAL FOR A HOME GYM, WORKSHOP, STORAGE, OR FUTURE FINISHED LIVING SPACE. SET IN A PEACEFUL AND CONVENIENT NEIGHBORHOOD, THIS HOME DELIVERS PRACTICAL UPDATES, COMFORTABLE LIVING, AND ROOM TO PERSONALIZE. WHETHER YOU'RE A FIRST-TIME BUYER, INVESTOR, OR ANYONE SEEKING A LOW-MAINTENANCE HOME WITH GREAT POTENTIAL, THIS PROPERTY OFFERS EXCEPTIONAL VALUE.

  23. 2025-12-15
    listed $179,900 Active 1780-char remark
    Show marketing remark (1780 chars)

    WELCOME TO THIS WELL-MAINTAINED, MOVE-IN–READY HOME OFFERING UPDATED COMFORT, DURABLE FINISHES, AND BRIGHT LIVING SPACES DESIGNED FOR EASY, EVERYDAY LIVING. WITH GREAT CURB APPEAL - INCLUDING VINYL SIDING, UPDATED BLACK FRONT STEPS, AND A SPACIOUS FRONT YARD - THIS HOME GREETS YOU WITH A CLEAN AND INVITING EXTERIOR. STEP INSIDE TO A GENEROUS LIVING ROOM FEATURING VINYL TILE FLOORING, NEUTRAL WALL COLORS, AND OVERSIZED WINDOWS THAT FILL THE SPACE WITH NATURAL LIGHT. THE KITCHEN CONTINUES THE PRACTICAL APPEAL WITH CERAMIC TILE FLOORING, SOLID WOOD CABINETS, AMPLE STORAGE, GENEROUS COUNTER SPACE, A GAS RANGE, AND AN INSTALLED DISHWASHER - PROVIDING BOTH FUNCTIONALITY AND A GREAT FOUNDATION FOR FUTURE UPGRADES. THE PRIVATE LIVING SPACES INCLUDE A BRIGHT AND AIRY BEDROOM WITH NEW LAMINATE WOOD-LOOK FLOORING, FRESHLY PAINTED WALLS, AND CRISP WHITE TRIM. THE MODERN FULL BATHROOM OFFERS AN ALL-WHITE DESIGN WITH CLEAN TILING, A SHOWER/TUB COMBO, EXCELLENT LIGHTING, AND A CONTEMPORARY VANITY WITH A BLACK-FINISH FAUCET AND BUILT-IN STORAGE. ONE OF THE STANDOUT FEATURES OF THIS HOME IS THE MASSIVE UNFINISHED BASEMENT. THIS WELL-MAINTAINED, HIGH-POTENTIAL SPACE INCLUDES A DEDICATED LAUNDRY AREA WITH AN INCLUDED WASHER AND DRYER, A SOLID CONCRETE FLOOR, AND ESSENTIAL MECHANICALS SUCH AS THE WATER HEATER AND HVAC FURNACE. WITH FRAMING ALREADY STARTED, THIS LOWER LEVEL PROVIDES INCREDIBLE FLEXIBILITY - IDEAL FOR A HOME GYM, WORKSHOP, STORAGE, OR FUTURE FINISHED LIVING SPACE. SET IN A PEACEFUL AND CONVENIENT NEIGHBORHOOD, THIS HOME DELIVERS PRACTICAL UPDATES, COMFORTABLE LIVING, AND ROOM TO PERSONALIZE. WHETHER YOU'RE A FIRST-TIME BUYER, INVESTOR, OR ANYONE SEEKING A LOW-MAINTENANCE HOME WITH GREAT POTENTIAL, THIS PROPERTY OFFERS EXCEPTIONAL VALUE.

ⓘ 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
$2,075 · $173/mo
Projected year-2 tax
$2,346 · $195/mo
Expected delta
+$271/yr (+$23/mo · 13.0%)

ⓘ 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 3 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$19,169
− Mortgage interest
−$9,517
− Property taxes
−$2,075
− Insurance
−$850
− Repairs & maintenance
−$1,534
− Management
−$1,534
− Depreciation
−$4,943
Taxable loss
−$1,282
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$308
After-tax cash flow
$1,835/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
Southgate Community School District
NCES district ID
2632340
Math proficiency
21% ▼ -8.00%
Reading proficiency
36% ▬ 0.00%
Median HH income
$49,234
Composite
24.83/100
National rank
#7591
State rank
#379 of 540 in MI

Livability — Southgate

Score
85/100
State rank
#29
US rank
#582

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Southgate, MI
County
Wayne County · 1,562,939 people
City population
29,366
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
29,366
Household income
$66,118
Rent vs Own
32.8% rent · 67.2% own
Severe rent burden
727.0

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 White (75%)
Race & ethnicity
White 75% Hispanic / Latino 11% Black 8% Two or more races 8% Asian 3%
Hispanic origin (detail)
Mexican 8% Puerto Rican 1%
Common ancestry
Romanian 9% Lithuanian 3% Slovak 3%
Foreign-born
6% · Canada, China
Languages at home
90% English-only · Other Indo-European 4% Spanish 3% Other Asian/Pacific 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
▼ -187.28%
Current HPI
207.9776
Rent YoY
▲ 4.04%
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
10 events — show timeline
  • 2026-04-08 Relisted MiRealSource-MiMLS
  • 2026-04-08 Relisted REALCOMP
  • 2026-04-06 Pending MiRealSource-MiMLS
  • 2026-04-06 Pending REALCOMP
  • 2026-01-19 Relisted MiRealSource-MiMLS
  • 2026-01-19 Relisted REALCOMP
  • 2026-01-12 Pending MiRealSource-MiMLS
  • 2026-01-12 Pending REALCOMP
  • 2025-12-15 Listed $179,900 REALCOMP
  • 2025-12-15 Listed $179,900 MiRealSource-MiMLS

Property tax history

+2.5%/yr

Latest (2025): $2,075 · -11.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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