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2733 Lovington Dr
F Composite 32.34
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 +8.3/30.0
  • ARV discount +8.1/15.0
  • Livability +3.9/5.0
  • Schools +2.5/10.0
  • Condition / age +2.5/5.0
  • 1% rule +2.4/10.0
  • DSCR +2.3/10.0
  • Rent growth +2.3/5.0
  • Appreciation +0.0/10.0

$249,900

2733 Lovington Dr · Troy, MI 48083
3 bd · 1.0 ba · 1,248 sqft · SingleFamily public records · 27 Days on market
Built 1941 0.56 ac lot Est $253k · at est.

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Located in Troy, this spacious and well-maintained 4 bed, 2 bath home offers comfort, functionality, and plenty of room both inside and out. The living area creates a warm and inviting atmosphere with natural light throughout. The basement adds additional storage or recreation space. The main floor features 3 generously sized bedrooms, hardwood flooring throughout the living room and bedrooms, and an updated kitchen with modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. The additional upstairs bedroom provides flexibility. The home includes a full bathroom on the main level as well as an additional full bath in the basement. The living area creates a warm and inviting atmosphere with natural light throughout. The basement adds additional storage or recreation space. Updates include a new A/C, dishwasher, washer, and dryer in 2025. The water heater was new in 2023. Situated on a fenced half-acre lot, the outdoor space offers endless possibilities. Conveniently located near shopping, dining, and parks, this home combines space, location, and updates in one exceptional property.

Key facts

  • Hardwood flooring
  • Fenced half-acre lot
  • Natural light

Tags

FENCED HALF-ACRE LOTUPDATED KITCHENNATURAL LIGHTBASEMENT STORAGEOUTDOOR SPACEHARDWOOD FLOORING

Property features AI

Finance

  • Other: Lot approximately 0.56 acre (85 x 225)

Exterior

  • Parking: Detached garage; Approximately 2.5 garage spaces
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; One and one-half levels; Ground-level entry with steps
  • Construction: Built with other construction materials; Block foundation
  • Exterior features: Deck; Fenced yard; Paved road access

Interior

  • Kitchen: Dishwasher; Free-standing gas range; Free-standing refrigerator; Microwave
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Forced air heating (natural gas); Central air; Ceiling fans
  • Interior features: Finished basement; 6 total rooms
  • Laundry & utility: Washer; Dryer

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 $250k.

Deal economics

  • At list price, monthly cash flow is $-228 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $210k (16.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $185k (25.9% below list).
  • Recommended offer: $185k (25.9% below list) — sets the bar for 1% rule.
  • Cap rate 5.2% vs local median 3.6% in Troy — 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 78/100 on livability (#113 in MI, #2,684 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, schools A; Watch: health & safety D+, amenities F, commute F.
  • Warren Consolidated Schools (urban): math 18% / reading 39% proficiency, ranked #373 of 540 in MI (top 69%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: Rents soft (-0.6%/yr); 93 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 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 $2k of loan paydown is wiped out by about $7k 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

  • It's been on market 27 days — a 2% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 7y ago; this cycle's ask has dropped $15k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $167k; 50% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $185,280 (25.9% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  5. 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?
  6. 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.
  7. 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.
  8. 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
0.74%
Cap rate
5.20%
Cash-on-cash
-3.92%
DSCR
0.83
GRM
11.2

CMA / ARV

ARV (on-the-fly)
$253,344
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
34020 Dequindre Rd 0.31mi 3/2.0 1,258 (+1%) 5mo $260,000 $207 76
34134 Dequindre Rd 0.31mi 3/2.0 1,200 (-4%) 10mo $220,000 $183 66
2696 Iowa Dr 0.34mi 3/2.0 1,233 (-1%) 17mo $250,000 $203 64
2845 Sherbourne Dr 0.67mi 3/1.5 1,200 (-4%) 9mo $317,000 $264 53
2837 Sherbourne Dr 0.67mi 3/1.5 1,340 (+7%) 3mo $280,000 $209 52
2843 Teasdale Dr 0.72mi 3/1.0 1,166 (-7%) 12mo $269,000 $231 45
2150 Winston Dr 0.41mi 3/2.0 1,100 (-12%) 14mo $249,900 $227 45
2215 Camel Dr 0.44mi 3/1.5 1,403 (+12%) 15mo $239,100 $170 44
2427 Camel Dr 0.56mi 3/1.5 1,403 (+12%) 12mo $268,000 $191 41
2743 Pall Mall Dr 0.71mi 3/1.5 1,403 (+12%) 4mo $282,000 $201 41
34063 Viceroy Dr 0.75mi 3/1.5 1,166 (-7%) 16mo $225,000 $193 39
2511 Camel Dr 0.61mi 3/1.5 1,403 (+12%) 17mo $260,000 $185 34

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
-26.2%
Equity multiple
0.14×
Total profit
$-60,462
Equity at exit
$37,261
10-year hold
IRR
-36.8%
Equity multiple
-0.32×
Total profit
$-92,334
Equity at exit
$21,607

Cash invested: $69,972 (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 48083

Rents YoY
-0.6%
Active inventory
93
Price-to-rent
11.2×

Monthly cashflow live

Estimated rent
$1,853 high interval (Pro) →
Mortgage (P&I)
$1,311
Tax from tax record
$277 /mo · $3,329/yr
Insurance
$104
HOA
$0
Vacancy / Maint / Mgmt
$389
Net cashflow
$-228

Break-even live

Break-even rent $2,142
Max offer price $209,561
Occupancy floor

Sensitivity live

Price -10% $-87 -5% $-158 +0% $-228 +5% $-299 +10% $-370
Rent -10% $-375 -5% $-302 +0% $-228 +5% $-155 +10% $-82
Rate -1.0pp $-103 -0.5pp $-165 base $-228 +0.5pp $-293 +1.0pp $-359

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
$62,475
Closing costs
$7,497
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 14 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
34400 Dequindre Rd Sterling Heights, MI 1.0–2.0 1.0–2.0 898 $1,540 $1.71 13d 2 0.37mi
2252 Winston Dr Sterling Heights, MI 3.0 1.0 950 $1,900 $2.00 23d 1 0.47mi
2252 Winston Dr Sterling Heights, MI 3.0 2.0 950 $2,100 $2.21 12d 1 0.47mi
Canterbury Square Troy, MI 1.0–2.0 1.0–2.0 820 $1,595 $1.95 0d 12 0.54mi
2081 Newburgh Dr Troy, MI 3.0 2.0 1500 $2,300 $1.53 44d 1 1.09mi
34800 Moravian Dr Sterling Heights, MI 1.0–2.0 1.0–1.5 850 $1,680 $1.98 0d 22 1.16mi
34800 Moravian Dr Sterling Heights, MI 1.0–2.0 1.0–2.0 810 $1,415 $1.75 23d 16 1.16mi
36200 Dequindre Rd Sterling Heights, MI 1.0–2.0 1.0–2.0 875 $1,860 $2.12 0d 47 1.20mi
34350 Ryan Rd Sterling Heights, MI 1.0–2.0 1.0–2.0 853 $1,785 $2.09 0d 46 1.29mi
31430 John R Rd Madison Heights, MI 1.0–2.0 1.0 870 $1,335 $1.53 44d 1 1.40mi
32000 Concord Dr Madison Heights, MI 1.0–2.0 1.0 737 $1,315 $1.78 0d 14 1.43mi
1545 E Thirteen Mile Rd Madison Heights, MI 2.0 1.0–2.0 870 $1,910 $2.20 0d 15 1.46mi
32650 Stephenson Hwy Madison Heights, MI 2.0 1.0–2.0 617 $1,695 $2.74 4d 18 1.48mi
36511 Park Place Dr Sterling Heights, MI 2.0 2.5 1350 $2,000 $1.48 16d 1 1.48mi

Listing history 26 events

  1. 2026-06-21
    days on market $249,900 Active 27 DOM
  2. 2026-06-18
    days on market $249,900 Active 24 DOM
  3. 2026-06-17
    days on market $249,900 Active 23 DOM
  4. 2026-06-16
    days on market $249,900 Active 22 DOM
  5. 2026-06-15
    days on market $249,900 Active 21 DOM
  6. 2026-06-13
    pricedays on market $249,900 Active 19 DOM
  7. 2026-06-09
    days on market $259,000 Active 15 DOM
  8. 2026-06-08
    days on market $259,000 Active 14 DOM
  9. 2026-06-07
    days on market $259,000 Active 13 DOM
  10. 2026-06-04
    pricedays on market $259,000 Active 10 DOM
  11. 2026-06-03
    days on market $265,000 Active 9 DOM
  12. 2026-06-02
    days on market $265,000 Active 8 DOM
  13. 2026-06-02
    status $265,000 Active 7 DOM
  14. 2026-05-20
    listed $265,000 Active
    Show marketing remark (1139 chars)

    Located in Troy, this spacious and well-maintained 4 bed, 2 bath home offers comfort, functionality, and plenty of room both inside and out. The living area creates a warm and inviting atmosphere with natural light throughout. The basement adds additional storage or recreation space. The main floor features 3 generously sized bedrooms, hardwood flooring throughout the living room and bedrooms, and an updated kitchen with modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. The additional upstairs bedroom provides flexibility. The home includes a full bathroom on the main level as well as an additional full bath in the basement. The living area creates a warm and inviting atmosphere with natural light throughout. The basement adds additional storage or recreation space. Updates include a new A/C, dishwasher, washer, and dryer in 2025. The water heater was new in 2023. Situated on a fenced half-acre lot, the outdoor space offers endless possibilities. Conveniently located near shopping, dining, and parks, this home combines space, location, and updates in one exceptional property.

  15. 2026-05-20
    listed $265,000 Active 1139-char remark
    Show marketing remark (1139 chars)

    Located in Troy, this spacious and well-maintained 4 bed, 2 bath home offers comfort, functionality, and plenty of room both inside and out. The living area creates a warm and inviting atmosphere with natural light throughout. The basement adds additional storage or recreation space. The main floor features 3 generously sized bedrooms, hardwood flooring throughout the living room and bedrooms, and an updated kitchen with modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. The additional upstairs bedroom provides flexibility. The home includes a full bathroom on the main level as well as an additional full bath in the basement. The living area creates a warm and inviting atmosphere with natural light throughout. The basement adds additional storage or recreation space. Updates include a new A/C, dishwasher, washer, and dryer in 2025. The water heater was new in 2023. Situated on a fenced half-acre lot, the outdoor space offers endless possibilities. Conveniently located near shopping, dining, and parks, this home combines space, location, and updates in one exceptional property.

  16. 2020-05-22
    soldstatus $167,000
  17. 2020-05-12
    soldstatus $167,000 Sold 432-char remark
    Show marketing remark (432 chars)

    AWESOME YARD! 0.56 ACRE. 24,394 SQFT OF LAND IN THE CITY! ROOM FOR KIDS TO PLAY AND GROW OR BUILD A POLE BARN. GREAT GARAGE SPACE FOR A CAR ENTHUSIAST. HARDWOOD FLOORS THROUGHOUT THIS CLASSIC MICHIGAN BUNGALOW. 3 BEDROOMS WITH 1,248 SQFT OF LIVING SPACE. KITCHEN HAS DOOR WALL LEADING TO LARGE DECK OVERLOOKING SPACIOUS BACKYARD. SECOND FLOOR BEDROOM 11X23.5 AWESOME SPACE FOR TOYS AND CHILDREN TO PLAY. GOOD HOME ON A QUIET STREET.

  18. 2020-05-12
    soldstatus $167,000 Closed
    Show marketing remark (432 chars)

    AWESOME YARD! 0.56 ACRE. 24,394 SQFT OF LAND IN THE CITY! ROOM FOR KIDS TO PLAY AND GROW OR BUILD A POLE BARN. GREAT GARAGE SPACE FOR A CAR ENTHUSIAST. HARDWOOD FLOORS THROUGHOUT THIS CLASSIC MICHIGAN BUNGALOW. 3 BEDROOMS WITH 1,248 SQFT OF LIVING SPACE. KITCHEN HAS DOOR WALL LEADING TO LARGE DECK OVERLOOKING SPACIOUS BACKYARD. SECOND FLOOR BEDROOM 11X23.5 AWESOME SPACE FOR TOYS AND CHILDREN TO PLAY. GOOD HOME ON A QUIET STREET.

  19. 2020-05-02
    status Pending
    Show marketing remark (432 chars)

    AWESOME YARD! 0.56 ACRE. 24,394 SQFT OF LAND IN THE CITY! ROOM FOR KIDS TO PLAY AND GROW OR BUILD A POLE BARN. GREAT GARAGE SPACE FOR A CAR ENTHUSIAST. HARDWOOD FLOORS THROUGHOUT THIS CLASSIC MICHIGAN BUNGALOW. 3 BEDROOMS WITH 1,248 SQFT OF LIVING SPACE. KITCHEN HAS DOOR WALL LEADING TO LARGE DECK OVERLOOKING SPACIOUS BACKYARD. SECOND FLOOR BEDROOM 11X23.5 AWESOME SPACE FOR TOYS AND CHILDREN TO PLAY. GOOD HOME ON A QUIET STREET.

  20. 2020-05-02
    status Pending 432-char remark
    Show marketing remark (432 chars)

    AWESOME YARD! 0.56 ACRE. 24,394 SQFT OF LAND IN THE CITY! ROOM FOR KIDS TO PLAY AND GROW OR BUILD A POLE BARN. GREAT GARAGE SPACE FOR A CAR ENTHUSIAST. HARDWOOD FLOORS THROUGHOUT THIS CLASSIC MICHIGAN BUNGALOW. 3 BEDROOMS WITH 1,248 SQFT OF LIVING SPACE. KITCHEN HAS DOOR WALL LEADING TO LARGE DECK OVERLOOKING SPACIOUS BACKYARD. SECOND FLOOR BEDROOM 11X23.5 AWESOME SPACE FOR TOYS AND CHILDREN TO PLAY. GOOD HOME ON A QUIET STREET.

  21. 2020-02-26
    status Active
    Show marketing remark (432 chars)

    AWESOME YARD! 0.56 ACRE. 24,394 SQFT OF LAND IN THE CITY! ROOM FOR KIDS TO PLAY AND GROW OR BUILD A POLE BARN. GREAT GARAGE SPACE FOR A CAR ENTHUSIAST. HARDWOOD FLOORS THROUGHOUT THIS CLASSIC MICHIGAN BUNGALOW. 3 BEDROOMS WITH 1,248 SQFT OF LIVING SPACE. KITCHEN HAS DOOR WALL LEADING TO LARGE DECK OVERLOOKING SPACIOUS BACKYARD. SECOND FLOOR BEDROOM 11X23.5 AWESOME SPACE FOR TOYS AND CHILDREN TO PLAY. GOOD HOME ON A QUIET STREET.

  22. 2020-02-26
    status Active 432-char remark
    Show marketing remark (432 chars)

    AWESOME YARD! 0.56 ACRE. 24,394 SQFT OF LAND IN THE CITY! ROOM FOR KIDS TO PLAY AND GROW OR BUILD A POLE BARN. GREAT GARAGE SPACE FOR A CAR ENTHUSIAST. HARDWOOD FLOORS THROUGHOUT THIS CLASSIC MICHIGAN BUNGALOW. 3 BEDROOMS WITH 1,248 SQFT OF LIVING SPACE. KITCHEN HAS DOOR WALL LEADING TO LARGE DECK OVERLOOKING SPACIOUS BACKYARD. SECOND FLOOR BEDROOM 11X23.5 AWESOME SPACE FOR TOYS AND CHILDREN TO PLAY. GOOD HOME ON A QUIET STREET.

  23. 2020-02-13
    status Pending
    Show marketing remark (432 chars)

    AWESOME YARD! 0.56 ACRE. 24,394 SQFT OF LAND IN THE CITY! ROOM FOR KIDS TO PLAY AND GROW OR BUILD A POLE BARN. GREAT GARAGE SPACE FOR A CAR ENTHUSIAST. HARDWOOD FLOORS THROUGHOUT THIS CLASSIC MICHIGAN BUNGALOW. 3 BEDROOMS WITH 1,248 SQFT OF LIVING SPACE. KITCHEN HAS DOOR WALL LEADING TO LARGE DECK OVERLOOKING SPACIOUS BACKYARD. SECOND FLOOR BEDROOM 11X23.5 AWESOME SPACE FOR TOYS AND CHILDREN TO PLAY. GOOD HOME ON A QUIET STREET.

  24. 2020-02-13
    status Pending 432-char remark
    Show marketing remark (432 chars)

    AWESOME YARD! 0.56 ACRE. 24,394 SQFT OF LAND IN THE CITY! ROOM FOR KIDS TO PLAY AND GROW OR BUILD A POLE BARN. GREAT GARAGE SPACE FOR A CAR ENTHUSIAST. HARDWOOD FLOORS THROUGHOUT THIS CLASSIC MICHIGAN BUNGALOW. 3 BEDROOMS WITH 1,248 SQFT OF LIVING SPACE. KITCHEN HAS DOOR WALL LEADING TO LARGE DECK OVERLOOKING SPACIOUS BACKYARD. SECOND FLOOR BEDROOM 11X23.5 AWESOME SPACE FOR TOYS AND CHILDREN TO PLAY. GOOD HOME ON A QUIET STREET.

  25. 2019-12-04
    listed $170,000 Active 432-char remark
    Show marketing remark (432 chars)

    AWESOME YARD! 0.56 ACRE. 24,394 SQFT OF LAND IN THE CITY! ROOM FOR KIDS TO PLAY AND GROW OR BUILD A POLE BARN. GREAT GARAGE SPACE FOR A CAR ENTHUSIAST. HARDWOOD FLOORS THROUGHOUT THIS CLASSIC MICHIGAN BUNGALOW. 3 BEDROOMS WITH 1,248 SQFT OF LIVING SPACE. KITCHEN HAS DOOR WALL LEADING TO LARGE DECK OVERLOOKING SPACIOUS BACKYARD. SECOND FLOOR BEDROOM 11X23.5 AWESOME SPACE FOR TOYS AND CHILDREN TO PLAY. GOOD HOME ON A QUIET STREET.

  26. 2019-12-04
    listed $170,000 Active
    Show marketing remark (432 chars)

    AWESOME YARD! 0.56 ACRE. 24,394 SQFT OF LAND IN THE CITY! ROOM FOR KIDS TO PLAY AND GROW OR BUILD A POLE BARN. GREAT GARAGE SPACE FOR A CAR ENTHUSIAST. HARDWOOD FLOORS THROUGHOUT THIS CLASSIC MICHIGAN BUNGALOW. 3 BEDROOMS WITH 1,248 SQFT OF LIVING SPACE. KITCHEN HAS DOOR WALL LEADING TO LARGE DECK OVERLOOKING SPACIOUS BACKYARD. SECOND FLOOR BEDROOM 11X23.5 AWESOME SPACE FOR TOYS AND CHILDREN TO PLAY. GOOD HOME ON A QUIET STREET.

ⓘ 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
$3,329 · $277/mo
Projected year-2 tax
$3,589 · $299/mo
Expected delta
+$260/yr (+$22/mo · 7.8%)

ⓘ 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 (shaded) · 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$22,234
− Mortgage interest
−$13,998
− Property taxes
−$3,329
− Insurance
−$1,250
− Repairs & maintenance
−$1,779
− Management
−$1,779
− Depreciation
−$7,270
Taxable loss
−$7,171
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,721
After-tax cash flow
$-1,019/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
Warren Consolidated Schools
NCES district ID
2635190
Math proficiency
18% ▼ -14.00%
Reading proficiency
39% ▼ -8.00%
Median HH income
$52,259
Composite
25.09/100
National rank
#7533
State rank
#373 of 540 in MI

Livability — Troy

Score
78/100
State rank
#113
US rank
#2684

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Troy, MI
County
Oakland County · 1,009,092 people
City population
87,898
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
23,771
Household income
$90,794
Rent vs Own
37.8% rent · 62.2% own
Severe rent burden
511.0

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
Majority White (64%)
Race & ethnicity
White 64% Asian 23% Two or more races 5% Black 4% Hispanic / Latino 3%
Common ancestry
Romanian 7% Lithuanian 6% Arab 3%
Foreign-born
31% · China, Canada, South Korea
Languages at home
67% English-only · Other Indo-European 10% Other Asian/Pacific 6% Arabic 5%

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
▼ -351.17%
Current HPI
175.8232
Rent YoY
▼ -0.62%
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

+55.9% since first listed
13 events — show timeline
  • 2026-05-20 Listed $265,000 MiRealSource-MiMLS
  • 2026-05-20 Listed $265,000 REALCOMP
  • 2020-05-22 Sold (Public Records) $167,000 Public Records
  • 2020-05-12 Sold (MLS) $167,000 MiRealSource-MiMLS
  • 2020-05-12 Sold (MLS) $167,000 REALCOMP
  • 2020-05-02 Pending MiRealSource-MiMLS
  • 2020-05-02 Pending REALCOMP
  • 2020-02-26 Relisted MiRealSource-MiMLS
  • 2020-02-26 Relisted REALCOMP
  • 2020-02-13 Pending MiRealSource-MiMLS
  • 2020-02-13 Pending REALCOMP
  • 2019-12-04 Listed $170,000 MiRealSource-MiMLS
  • 2019-12-04 Listed $170,000 REALCOMP

Property tax history

+6.0%/yr

Latest (2025): $3,329 · +2.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…