1754 E Harry Ave · Hazel Park, MI 48030

$139,990

2 bd · 1.0 ba · 672 sqft · SingleFamily public records · 8 Days on market

Built 1952 4,356 sqft lot Est $115k · 22% over

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Why this score? — see what drove the F 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 +13.8/30.0
• 1% rule +4.5/10.0
• DSCR +4.2/10.0
• Livability +4.0/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Schools +1.4/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming updated ranch in Hazel Park features a fresh interior with new carpet and lots of natural light. Bright entry living room with built-in shelving. Roomy updated kitchen with vinyl wood flooring, stainless steel appliances, and ample cabinet space. Utility/laundry room off the kitchen with access to the driveway. Two nice sized bedrooms share a full bath down the hallway. Newer roof and a lovely fenced backyard with a detached garage. Walking distance to local parks and easy freeway access. Welcome Home!

Key facts

• 4,356 sq ft lot
• Garage
• Built 1952

Property features AI

Exterior

• Parking: Detached garage (garage noted; 1.5 parking spaces listed)
• Utilities: Public water; Public sewer (implied); Electric service available
• Home design: Single-story residential home; Built in 1952
• Construction: Vinyl siding; Crawl foundation
• Exterior features: Fenced yard; Paved street access; Frontage approximately 40 feet

Interior

• Kitchen: Entry-level kitchen (about 11 x 8); Range/Oven
• Bedrooms: Two bedrooms on the entry level (approx. 11 x 9 and 11 x 8)
• Bathrooms: One full bathroom on the entry level (approximately 8 x 5)
• Heating & cooling: Forced air heating; Central A/C; Natural gas heat
• Interior features: Total of 6 rooms; Entry-level layout
• Laundry & utility: Entry-level laundry room (about 11 x 7); Washer, Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $13 ($154/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 $133k (4.7% below list).
• Recommended offer: $133k (4.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 81/100 on livability (#65 in MI, #1,385 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, schools D.
• Hazel Park School District (suburban): math 10% / reading 24% proficiency, ranked #490 of 540 in MI (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.9%/yr); 135 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 13 sale attempts since 24y ago; this cycle's ask is 22% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $121k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $133,353 (4.7% below list)

Questions for the listing agent

1. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.95% ✗
• Cap rate: 6.40%
• Cash-on-cash: 0.39%
• DSCR: 1.02
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $114,912
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1474 E Milton Ave	0.47mi	2/1.0	682 (+2%)	2mo	$155,000	$227	74
1706 E Pearl Ave	0.12mi	3/1.0 (+1)	728 (+8%)	3mo	$165,000	$227	73
1424 E Harry Ave	0.25mi	1/1.0 (-1)	643 (-4%)	10mo	$65,000	$101	68
1403 E Bernhard Ave	0.43mi	2/1.0	695 (+3%)	8mo	$139,600	$201	68
2120 Pearl Ave	0.25mi	2/1.0	756 (+12%)	1mo	$113,000	$149	66
1721 E Milton Ave E	0.40mi	2/1.0	732 (+9%)	5mo	$125,000	$171	62
1320 E Goulson Ave	0.40mi	2/1.0	726 (+8%)	7mo	$136,000	$187	62
1929 Michael Ave	0.15mi	1/1.0 (-1)	598 (-11%)	11mo	$69,500	$116	61
1149 E Milton Ave	0.54mi	2/1.0	702 (+4%)	11mo	$79,000	$113	58
1771 E George Ave	0.50mi	2/1.0	724 (+8%)	8mo	$93,000	$128	57
23442 Melville Ave	0.69mi	2/1.0	729 (+8%)	0mo	$90,000	$123	54
1443 E George Ave	0.55mi	2/1.0	760 (+13%)	8mo	$159,300	$210	46

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 · 2.9% rent growth · sell at horizon

5-year hold

• IRR: -15.7%
• Equity multiple: 0.44×
• Total profit: $-21,937
• Equity at exit: $20,873

10-year hold

• IRR: -7.4%
• Equity multiple: 0.53×
• Total profit: $-18,335
• Equity at exit: $12,104

Cash invested: $39,197 (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 48030

• Rents YoY: 2.9%
• Active inventory: 135
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,334 high
• Mortgage (P&I): −$734
• Tax from tax record: −$248 /mo · $2,979/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$280
• Net cashflow: $13

Break-even live

Break-even rent $1,317

Max offer price $139,990

Occupancy floor 94%

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: $34,998
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1621 E Evelyn Ave Hazel Park, MI	2.0	1.0	749	$1,295	$1.73	18d	1	0.20mi
21516 Dequindre Rd Warren, MI	1.0–2.0	1.0	837	$1,375	$1.64	22d	1	0.24mi
1211 E Bernhard Ave Hazel Park, MI	2.0	1.0	721	$1,500	$2.08	24d	1	0.49mi
21155 Warner Ave Warren, MI	2.0	1.0	756	$1,029	$1.36	24d	1	0.54mi
23115 Tawas Ave Hazel Park, MI	2.0	1.0	706	$1,375	$1.95	24d	1	0.83mi
1770 E Woodward Heights Blvd Hazel Park, MI	1.0–2.0	1.0	712	$1,400	$1.96	5d	1	0.88mi
1770 E Woodward Heights Blvd Unit C6 Hazel Park, MI	1.0	1.0	550	$1,100	$2.00	24d	1	0.88mi
1770 E Woodward Heights Blvd Unit C1 Hazel Park, MI	1.0	1.0	550	$1,350	$2.45	24d	1	0.88mi
27 E Milton Ave Hazel Park, MI	1.0	1.0	568	$1,050	$1.85	15d	1	0.98mi
1045 E Woodward Heights Blvd Hazel Park, MI	1.0–2.0	1.0	715	$1,209	$1.69	24d	3	1.04mi
23773 Hazelwood Ave Hazel Park, MI	2.0	1.0	671	$1,400	$2.09	12d	1	1.08mi
155 W George Ave Hazel Park, MI	2.0	1.0	725	$1,000	$1.38	24d	1	1.20mi

Listing history 8 events

1. 2026-06-18
   days on market $139,990 Active 8 DOM
2. 2026-06-17
   days on market $139,990 Active 7 DOM
3. 2026-06-16
   days on market $139,990 Active 6 DOM
4. 2026-06-15
   days on market $139,990 Active 5 DOM
5. 2026-06-13
   days on market $139,990 Active 3 DOM
6. 2026-06-13
   statusdays on marketlisting id $139,990 Active 2 DOM
7. 2026-06-10
   remarks 699-char remark
8. 2026-06-10
   listed $139,990 Coming Soon 1 DOM

ⓘ 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: $2,979 · $248/mo
• Projected year-2 tax: $2,979 · $248/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 ≥97°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

Taxation est. · year 1

• Rental income: $16,002
• − Mortgage interest: −$7,842
• − Property taxes: −$2,979
• − Insurance: −$700
• − Repairs & maintenance: −$1,280
• − Management: −$1,280
• − Depreciation: −$4,072
• Taxable loss: −$2,151
• Est. tax savings @ 24.0%: +$516
• After-tax cash flow: $670/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: Hazel Park School District
• NCES district ID: 2618030
• Math proficiency: 10% ▼ -2.00%
• Reading proficiency: 24% ▲ 1.00%
• Median HH income: $36,181
• Composite: 14.05/100
• National rank: #9466
• State rank: #490 of 540 in MI

Livability — Hazel Park

• Score: 81/100
• State rank: #65
• US rank: #1385

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hazel Park, MI
• County: Oakland County · 1,009,092 people
• City population: 14,963
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 14,963
• Household income: $67,073
• Rent vs Own: 33.9% rent · 66.1% own
• Severe rent burden: 432.0

Population outlook (Oakland County) Hauer SSP2

• Today (2025): 1,335,747 people
• By 2030: 1,375,100 · +2.9%
• By 2040: 1,435,385 · +7.5%
• By 2050: 1,469,250 · +10.0%
• By 2075: 1,531,946 · +14.7%
• By 2100: 1,450,485 · +8.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Two or more races 10% Black 10% Hispanic / Latino 6% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Romanian 11% Slovak 3% Lithuanian 2%
• Foreign-born: 5% · Canada
• Languages at home: 92% English-only · Spanish 5% Arabic 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Oakland

• 2024 margin: D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
• 2008→2024 swing: -3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
• All cycles: 2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -184.32%
• Current HPI: 285.5923
• Rent YoY: ▲ 2.90%
• 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

+508.7% since first listed

40 events — show timeline

• 2026-06-09 Coming Soon $139,990 MiRealSource-MiMLS
• 2023-05-15 Sold (MLS) $121,000 MiRealSource-MiMLS
• 2023-05-15 Sold (MLS) $121,000 REALCOMP
• 2023-05-01 Listing Removed — MiRealSource-MiMLS
• 2023-05-01 Listed $115,000 MiRealSource-MiMLS
• 2023-05-01 Listed $115,000 REALCOMP
• 2023-05-01 Listing Removed — REALCOMP
• 2018-11-06 Sold (Public Records) $80,000 Public Records
• 2018-10-31 Sold (MLS) $80,000 MiRealSource-MiMLS
• 2018-10-31 Sold (MLS) $80,000 REALCOMP
• 2018-10-03 Pending — MiRealSource-MiMLS
• 2018-10-03 Pending — REALCOMP
• 2018-09-17 Listing Removed — REALCOMP
• 2018-09-17 Listing Removed — MiRealSource-MiMLS
• 2018-09-17 Listed $83,900 MiRealSource-MiMLS
• 2018-09-17 Listed $83,900 REALCOMP
• 2018-09-13 Price Changed $83,900 MiRealSource-MiMLS
• 2018-09-13 Price Changed $83,900 REALCOMP
• 2018-08-17 Listed $89,900 MiRealSource-MiMLS
• 2018-08-17 Listed $89,900 REALCOMP
• 2014-06-10 Listing Removed — MiRealSource-MiMLS
• 2014-06-10 Listing Removed — MiRealSource-MiMLS
• 2014-06-10 Listing Removed — REALCOMP
• 2014-04-07 Listed $42,900 MiRealSource-MiMLS
• 2014-04-07 Listed $42,900 MiRealSource-MiMLS
• 2014-04-07 Listed $42,900 REALCOMP
• 2006-05-31 Listing Removed — MiRealSource-MiMLS
• 2006-05-31 Listing Removed — REALCOMP
• 2006-04-05 Listed $73,900 MiRealSource-MiMLS
• 2006-04-05 Listed $73,900 REALCOMP
• 2004-02-18 Sold (Public Records) $69,500 Public Records
• 2003-12-16 Sold (MLS) $69,500 MiRealSource-MiMLS
• 2003-12-06 Listing Removed — MiRealSource-MiMLS
• 2003-09-10 Listed $69,900 MiRealSource-MiMLS
• 2003-01-10 Listing Removed — REALCOMP
• 2002-10-28 Listed $75,000 REALCOMP
• 2002-07-16 Sold (Public Records) $59,093 Public Records
• 1995-11-16 Sold (Public Records) $37,900 Public Records
• 1993-09-16 Sold (Public Records) $22,000 Public Records
• 1986-12-01 Sold (Public Records) $23,000 Public Records

Property tax history

+8.3%/yr

Latest (2025): $2,979 · +1.9% YoY. Source: county tax records.