13175 Monte Vista St · Detroit, MI 48238

$120,000

5 bd · 1.0 ba · 1,300 sqft · SingleFamily public records · 97 Days on market

Built 1925 3,920 sqft lot $92/sqft · 137% above area

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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 +28.5/30.0
• DSCR +10.0/10.0
• 1% rule +7.7/10.0
• ARV discount +7.5/15.0
• Rent growth +4.0/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this well-maintained 5-bedroom, 1.5-bath bungalow located in Detroit's Littlefield Community, a historic west-side neighborhood known for its classic 1920s architecture, strong community involvement and nearby Littlefield Park, an 11-acre community gathering space with baseball diamonds, a playground, picnic pavilion, and paved walking paths. With its spacious layout and traditional bungalow charm, this home offers generous living space and the opportunity to own a move-in-ready property in an area experiencing steady neighborhood improvements. Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015057, 20261015035, 20261015052, 20261015574, 20261015576, 20261015577, 20261015578, 20261015583, 20261015683, 20261015586

Key facts

• 3,920 sq ft lot
• Garage
• Built 1925

What this means for you Summary

Snapshot

• This is a 5-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $393 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).
• Recommended offer: $109k (9.0% below list) — sets the bar for market timing.

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 (+6.1%/yr); 346 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• At $1,519/mo this rent would consume 55% of the median local household income ($33k/yr) (locally 2172% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $830 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.
• At projected returns (-3.0% appreciation + 6.1% rent growth), your $34k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 97 days — a 9% lower offer ($109k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $20k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $109,200 (9.0% below list)

Questions for the listing agent

1. It's been on market 97 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 1925 — 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: 1.27% ✓
• Cap rate: 10.23%
• Cash-on-cash: 14.04%
• DSCR: 1.62
• GRM: 6.6

CMA / ARV

• ARV (median comp): $50,584
• List price: $120,000
• Delta: 137.23%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
12706 Pinehurst St	0.19mi	4/1.5 (-1)	1,365 (+5%)	9mo	$37,000	$27	68
12610 Ilene St	0.40mi	4/2.0 (-1)	1,285 (-1%)	9mo	$36,750	$29	63
13192 Schoolcraft	0.49mi	4/1.0 (-1)	1,219 (-6%)	1mo	$32,000	$26	61
13586 Pinehurst St	0.19mi	4/1.5 (-1)	1,338 (+3%)	22mo	$30,000	$22	61
12237 Ilene St	0.48mi	4/1.0 (-1)	1,440 (+11%)	15mo	$67,000	$47	42
14236 Kentucky St	0.70mi	5/2.0	1,398 (+8%)	18mo	$31,250	$22	36

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: 7.7%
• Equity multiple: 1.31×
• Total profit: $10,558
• Equity at exit: $17,892

10-year hold

• IRR: 19.5%
• Equity multiple: 2.88×
• Total profit: $63,143
• Equity at exit: $10,375

Cash invested: $33,600 (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: 346
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,519 high
• Mortgage (P&I): −$629
• Tax from tax record: −$127 /mo · $1,528/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$319
• Net cashflow: $393

Break-even live

Break-even rent $1,021

Max offer price $120,000

Occupancy floor 69%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14242 Ohio St Detroit, MI	4.0	1.0	1400	$1,000	$0.71	44d	1	0.80mi
14011 Roselawn St Detroit, MI	4.0	1.5	1300	$1,450	$1.12	17d	1	0.89mi
14011 Roselawn St Detroit, MI	4.0	1.5	1300	$1,450	$1.12	2d	1	0.89mi
Ohio St Unit 4 Detroit, MI	4.0	1.5	1400	$750	$0.54	44d	1	0.93mi
13620 Tuller St Detroit, MI	4.0	1.0	1064	$1,374	$1.29	12d	1	1.08mi
14600 Strathmoor St Detroit, MI	4.0	1.0	1300	$1,450	$1.12	44d	1	1.29mi

Listing history 16 events

1. 2026-06-18
   days on market $120,000 Active 97 DOM
2. 2026-06-17
   days on market $120,000 Active 96 DOM
3. 2026-06-15
   days on market $120,000 Active 94 DOM
4. 2026-06-13
   days on market $120,000 Active 92 DOM
5. 2026-06-13
   days on market $120,000 Active 91 DOM
6. 2026-06-09
   days on market $120,000 Active 88 DOM
7. 2026-06-08
   days on market $120,000 Active 87 DOM
8. 2026-06-07
   days on market $120,000 Active 86 DOM
9. 2026-06-04
   days on market $120,000 Active 83 DOM
10. 2026-06-03
    days on market $120,000 Active 82 DOM
11. 2026-06-01
    days on market $120,000 Active 80 DOM
12. 2026-05-31
    days on market $120,000 Active 79 DOM
13. 2026-03-14
    listed $140,000 Active 837-char remark

    Show marketing remark (843 chars)

    Welcome to this well-maintained 5-bedroom, 1.5-bath bungalow located in Detroit’s Littlefield Community, a historic west-side neighborhood known for its classic 1920s architecture, strong community involvement and nearby Littlefield Park, an 11-acre community gathering space with baseball diamonds, a playground, picnic pavilion, and paved walking paths. With its spacious layout and traditional bungalow charm, this home offers generous living space and the opportunity to own a move-in-ready property in an area experiencing steady neighborhood improvements. Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015057, 20261015035, 20261015052, 20261015574, 20261015576, 20261015577, 20261015578, 20261015583, 20261015683, 20261015586

14. 2026-03-14
    listed $140,000 Active 843-char remark

    Show marketing remark (843 chars)

    Welcome to this well-maintained 5-bedroom, 1.5-bath bungalow located in Detroit’s Littlefield Community, a historic west-side neighborhood known for its classic 1920s architecture, strong community involvement and nearby Littlefield Park, an 11-acre community gathering space with baseball diamonds, a playground, picnic pavilion, and paved walking paths. With its spacious layout and traditional bungalow charm, this home offers generous living space and the opportunity to own a move-in-ready property in an area experiencing steady neighborhood improvements. Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015057, 20261015035, 20261015052, 20261015574, 20261015576, 20261015577, 20261015578, 20261015583, 20261015683, 20261015586

15. 2026-03-11
    historical $140,000 837-char remark

    Show marketing remark (837 chars)

    Welcome to this well-maintained 5-bedroom, 1.5-bath bungalow located in Detroit's Littlefield Community, a historic west-side neighborhood known for its classic 1920s architecture, strong community involvement and nearby Littlefield Park, an 11-acre community gathering space with baseball diamonds, a playground, picnic pavilion, and paved walking paths. With its spacious layout and traditional bungalow charm, this home offers generous living space and the opportunity to own a move-in-ready property in an area experiencing steady neighborhood improvements. Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015057, 20261015035, 20261015052, 20261015574, 20261015576, 20261015577, 20261015578, 20261015583, 20261015683, 20261015586

16. 2023-05-30
    soldstatus $135,000

ⓘ 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: $1,528 · $127/mo
• Projected year-2 tax: $1,688 · $141/mo
• Expected delta: +$160/yr (+$13/mo · 10.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥97°F today · 14 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

Taxation est. · year 1

• Rental income: $18,226
• − Mortgage interest: −$6,722
• − Property taxes: −$1,528
• − Insurance: −$600
• − Repairs & maintenance: −$1,458
• − Management: −$1,458
• − Depreciation: −$3,491
• Taxable income: $2,969
• Est. tax owed @ 24.0%: −$713
• After-tax cash flow: $4,006/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

+3.7% since first listed

4 events — show timeline

• 2026-03-14 Listed $140,000 MiRealSource-MiMLS
• 2026-03-14 Listed $140,000 REALCOMP
• 2026-03-11 Coming Soon $140,000 MiRealSource-MiMLS
• 2023-05-30 Sold (Public Records) $135,000 Public Records

Property tax history

+8.3%/yr

Latest (2025): $1,528 · -37.4% YoY. Source: county tax records.