2733 Lovington Dr · Troy, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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
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.
Questions for the listing agent
- 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?
- Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- IRR
- -26.2%
- Equity multiple
- 0.14×
- Total profit
- $-60,462
- Equity at exit
- $37,261
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-21days on market $249,900 Active 27 DOM
-
2026-06-18days on market $249,900 Active 24 DOM
-
2026-06-17days on market $249,900 Active 23 DOM
-
2026-06-16days on market $249,900 Active 22 DOM
-
2026-06-15days on market $249,900 Active 21 DOM
-
2026-06-13pricedays on market $249,900 Active 19 DOM
-
2026-06-09days on market $259,000 Active 15 DOM
-
2026-06-08days on market $259,000 Active 14 DOM
-
2026-06-07days on market $259,000 Active 13 DOM
-
2026-06-04pricedays on market $259,000 Active 10 DOM
-
2026-06-03days on market $265,000 Active 9 DOM
-
2026-06-02days on market $265,000 Active 8 DOM
-
2026-06-02status $265,000 Active 7 DOM
-
2026-05-20$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.
-
2026-05-20$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.
-
2020-05-22soldstatus $167,000
-
2020-05-12soldstatus $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.
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2020-05-12soldstatus $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.
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2020-05-02status 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.
-
2020-05-02status 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.
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2020-02-26status 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.
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2020-02-26status 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.
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2020-02-13status 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.
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2020-02-13status 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.
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2019-12-04$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.
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2019-12-04$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
- 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
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
- 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 |
|---|---|---|
| Automotive Parts | 3 | $48B |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
+55.9% since first listed13 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%/yrLatest (2025): $3,329 · +2.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…