19479 Spencer St · Detroit, MI 48234

$90,000

3 bd · 1.0 ba · 1,168 sqft · SingleFamily public records · 46 Days on market

Built 1927 3,920 sqft lot $77/sqft · 35% above area Est $66k · 35% over

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Why this score? — see what drove the C- 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 +23.8/30.0
• 1% rule +9.5/10.0
• DSCR +7.7/10.0
• Rent growth +4.2/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Excellent investment or starter home opportunity in Detroit! 19479 Spencer offers a spacious layout with great bones and tons of upside potential. Whether you're an investor looking for your next rental or a buyer ready to build equity, this property checks the boxes. Features include generous living space, a sizable lot, and strong rental potential. Conveniently located near schools, shopping, and major freeways for easy access throughout the city. With a little vision and TLC, this could be a fantastic addition to any portfolio or a great place to call home. Priced to sell, don't miss this opportunity! Photos can be sent out upon request

Key facts

• 3,920 sq ft lot
• Garage
• Built 1927

Property features AI

Exterior

• Parking: Detached 1-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Two-story home; Ground-level entry with steps; Brick exterior
• Construction: Block foundation
• Exterior features: Paved road access; Roof with asphalt shingles

Interior

• Bedrooms: 6 total rooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); No central cooling
• Interior features: Gas water heater; Unfinished basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $174 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $87k (3.0% 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 (+6.7%/yr); 227 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 44% of the median local income ($35k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k 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 + 6.7% rent growth), your $25k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 46 days — a 3% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 3y ago; this cycle's ask has dropped $25k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 4.7% of price; built in 1927 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $87,300 (3.0% below list)

Questions for the listing agent

1. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1927 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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: 1.45% ✓
• Cap rate: 8.61%
• Cash-on-cash: 8.27%
• DSCR: 1.37
• GRM: 5.7

CMA / ARV

• ARV (median comp): $66,447
• List price: $90,000
• Delta: 35.45%
• 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
19466 Packard St	0.04mi	3/1.0	1,179 (+1%)	6mo	$62,000	$53	92
8175 House St	0.39mi	3/1.0	1,160 (-1%)	1mo	$100,000	$86	80
19487 Spencer St	0.01mi	3/1.0	1,285 (+10%)	8mo	$53,000	$41	77
19985 Packard St	0.29mi	3/2.0	1,152 (-1%)	7mo	$90,000	$78	75
20000 Concord St	0.42mi	3/1.0	1,200 (+3%)	4mo	$140,000	$117	72
8078 Rolyat St	0.21mi	3/1.0	1,317 (+13%)	2mo	$40,000	$30	67
19723 Carrie St	0.27mi	3/1.0	1,020 (-13%)	2mo	$85,000	$83	65
20043 Packard St	0.34mi	3/1.0	1,040 (-11%)	6mo	$87,000	$84	61
19161 Rogge St	0.31mi	3/1.0	1,001 (-14%)	8mo	$46,500	$46	56
20136 Helen St	0.46mi	3/1.0	1,000 (-14%)	2mo	$32,000	$32	53
8245 E Hildale St	0.65mi	3/1.0	1,028 (-12%)	3mo	$45,000	$44	47
7505 E Robinwood St	0.43mi	4/2.0 (+1)	1,000 (-14%)	3mo	$140,500	$141	44

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 · 6.72% rent growth · sell at horizon

5-year hold

• IRR: 1.7%
• Equity multiple: 1.07×
• Total profit: $1,724
• Equity at exit: $13,419

10-year hold

• IRR: 15.5%
• Equity multiple: 2.54×
• Total profit: $38,929
• Equity at exit: $7,782

Cash invested: $25,200 (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 48234

• Home prices YoY: -11.9%
• Rents YoY: 6.7%
• Active inventory: 227
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $1,309 high
• Mortgage (P&I): −$472
• Tax from tax record: −$351 /mo · $4,208/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$275
• Net cashflow: $174

Break-even live

Break-even rent $1,089

Max offer price $90,000

Occupancy floor 82%

Sensitivity live

Price	-10% $474	-5% $199	+0% $174	+5% $148	+10% $123
Rent	-10% $70	-5% $122	+0% $174	+5% $225	+10% $277
Rate	-1.0pp $219	-0.5pp $197	base $174	+0.5pp $150	+1.0pp $127

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: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
19691 Cliff St #1 Detroit, MI	2.0	1.0	850	$1,050	$1.24	6d	1	0.13mi
19171 Cliff St Detroit, MI	3.0	1.0	1000	$1,200	$1.20	18d	1	0.29mi
20042 Rogge St Detroit, MI	4.0	2.0	1232	$1,394	$1.13	45d	1	0.32mi
7533 Quinn St Unit 1 Detroit, MI	2.0	1.0	700	$850	$1.21	45d	1	0.53mi
8285 Rivard Ave Warren, MI	3.0	1.0	902	$1,549	$1.72	25d	1	0.79mi
8242 Jackson Ave Warren, MI	3.0	1.0	840	$1,198	$1.43	45d	1	0.80mi
19415 Gable St Detroit, MI	3.0	1.0	1000	$1,373	$1.37	25d	1	0.83mi
7060 Victory Ave Warren, MI	3.0	1.0	945	$1,450	$1.53	12d	1	0.99mi
8065 Meadow Ave Warren, MI	2.0	1.0	800	$1,050	$1.31	25d	1	1.06mi
7043 Meadow Ave Warren, MI	2.0	1.0	911	$1,274	$1.40	45d	1	1.08mi
8162 Orchard Ave Warren, MI	2.0	1.0	900	$1,000	$1.11	45d	1	1.11mi
19260 Bloom St Detroit, MI	3.0	1.0	1100	$1,350	$1.23	5d	1	1.15mi
20263 Caldwell St Detroit, MI	3.0	1.0	909	$1,350	$1.49	18d	1	1.15mi
18431 Teppert St Detroit, MI	4.0	1.0	1200	$1,400	$1.17	3d	1	1.15mi
7511 Toepfer Rd Warren, MI	3.0	1.0	1032	$1,199	$1.16	23d	1	1.16mi
11228 Sherman Ave Warren, MI	2.0	1.0	1000	$1,200	$1.20	13d	1	1.17mi
20058 Bloom St Detroit, MI	4.0	1.0	1350	$1,450	$1.07	18d	1	1.18mi
18884 Bloom St Detroit, MI	3.0	1.0	979	$975	$1.00	23d	1	1.20mi
18884 Bloom St Detroit, MI	3.0	1.0	979	$975	$1.00	45d	1	1.20mi
19361 Moenart St Unit 1 Detroit, MI	2.0	1.0	1000	$1,100	$1.10	25d	1	1.22mi
7275 Chalmers Ave Warren, MI	2.0	1.0	703	$1,200	$1.71	25d	1	1.22mi
11377 Sherman Ave Warren, MI	3.0	1.0	1200	$1,400	$1.17	25d	1	1.27mi
18891 Moenart St Detroit, MI	3.0	1.0	1150	$1,300	$1.13	3d	1	1.27mi
18891 Moenart St Detroit, MI	3.0	1.0	870	$1,195	$1.37	18d	1	1.27mi
7568 Hudson Ave Unit 1 Warren, MI	3.0	1.0	1415	$1,100	$0.78	6d	1	1.30mi
7568 Hudson Ave Unit 2 Warren, MI	2.0	1.0	1415	$900	$0.64	6d	1	1.30mi
8640 Chalmers Ave Warren, MI	3.0	1.0	804	$1,423	$1.77	25d	1	1.30mi
18677 Moenart St Detroit, MI	2.0	1.0	1470	$1,200	$0.82	45d	1	1.32mi
19162 Conley St Detroit, MI	2.0	1.0	1000	$1,300	$1.30	45d	1	1.34mi
8632 Studebaker Ave Warren, MI	3.0	1.0	761	$1,300	$1.71	4d	1	1.35mi
8251 Hudson Ave Warren, MI	3.0	1.0	908	$1,400	$1.54	25d	1	1.35mi
20290 Annott St Detroit, MI	3.0	1.0	1300	$1,250	$0.96	18d	1	1.36mi
19450 Fenelon St Detroit, MI	3.0	1.0	1062	$1,384	$1.30	6d	1	1.37mi
11513 Greiner St Unit 11521 Greiner Detroit, MI	2.0	1.0	942	$1,050	$1.11	45d	1	1.38mi
21456 Syracuse Ave Warren, MI	3.0	1.0	1152	$1,595	$1.38	3d	1	1.41mi
21456 Syracuse Ave Warren, MI	3.0	1.0	1160	$1,595	$1.38	45d	1	1.41mi
21465 Syracuse Ave Warren, MI	3.0	1.0	990	$1,375	$1.39	45d	1	1.43mi
21410 Panama St Warren, MI	3.0	1.0	900	$1,600	$1.78	25d	1	1.46mi
11076 Hudson Ave Warren, MI	3.0	1.0	936	$1,395	$1.49	4d	1	1.47mi
11319 Chalmers Ave Warren, MI	3.0	1.0	975	$1,500	$1.54	25d	1	1.49mi

Listing history 46 events

1. 2026-06-21
   days on market $90,000 Active 46 DOM
2. 2026-06-18
   days on market $90,000 Active 43 DOM
3. 2026-06-17
   days on market $90,000 Active 42 DOM
4. 2026-06-15
   days on market $90,000 Active 40 DOM
5. 2026-06-13
   days on market $90,000 Active 38 DOM
6. 2026-06-13
   days on market $90,000 Active 37 DOM
7. 2026-06-09
   days on market $90,000 Active 34 DOM
8. 2026-06-08
   days on market $90,000 Active 33 DOM
9. 2026-06-07
   days on market $90,000 Active 32 DOM
10. 2026-06-04
    pricedays on market $90,000 Active 29 DOM
11. 2026-06-03
    days on market $95,000 Active 28 DOM

    Show marketing remark (647 chars)

    Excellent investment or starter home opportunity in Detroit! 19479 Spencer offers a spacious layout with great bones and tons of upside potential. Whether you're an investor looking for your next rental or a buyer ready to build equity, this property checks the boxes. Features include generous living space, a sizable lot, and strong rental potential. Conveniently located near schools, shopping, and major freeways for easy access throughout the city. With a little vision and TLC, this could be a fantastic addition to any portfolio or a great place to call home. Priced to sell, don't miss this opportunity! Photos can be sent out upon request

12. 2026-06-02
    days on market $95,000 Active 27 DOM
13. 2026-06-01
    days on market $95,000 Active 26 DOM
14. 2026-05-31
    days on market $95,000 Active 25 DOM
15. 2026-05-06
    price $100,000 647-char remark

    Show marketing remark (647 chars)

    Excellent investment or starter home opportunity in Detroit! 19479 Spencer offers a spacious layout with great bones and tons of upside potential. Whether you're an investor looking for your next rental or a buyer ready to build equity, this property checks the boxes. Features include generous living space, a sizable lot, and strong rental potential. Conveniently located near schools, shopping, and major freeways for easy access throughout the city. With a little vision and TLC, this could be a fantastic addition to any portfolio or a great place to call home. Priced to sell, don't miss this opportunity! Photos can be sent out upon request

16. 2026-05-06
    price $100,000 648-char remark

    Show marketing remark (647 chars)

    Excellent investment or starter home opportunity in Detroit! 19479 Spencer offers a spacious layout with great bones and tons of upside potential. Whether you're an investor looking for your next rental or a buyer ready to build equity, this property checks the boxes. Features include generous living space, a sizable lot, and strong rental potential. Conveniently located near schools, shopping, and major freeways for easy access throughout the city. With a little vision and TLC, this could be a fantastic addition to any portfolio or a great place to call home. Priced to sell, don't miss this opportunity! Photos can be sent out upon request

17. 2026-05-06
    listed $115,000 Active 648-char remark

    Show marketing remark (647 chars)

    Excellent investment or starter home opportunity in Detroit! 19479 Spencer offers a spacious layout with great bones and tons of upside potential. Whether you're an investor looking for your next rental or a buyer ready to build equity, this property checks the boxes. Features include generous living space, a sizable lot, and strong rental potential. Conveniently located near schools, shopping, and major freeways for easy access throughout the city. With a little vision and TLC, this could be a fantastic addition to any portfolio or a great place to call home. Priced to sell, don't miss this opportunity! Photos can be sent out upon request

18. 2026-05-06
    listed $115,000 Active 647-char remark

    Show marketing remark (647 chars)

    Excellent investment or starter home opportunity in Detroit! 19479 Spencer offers a spacious layout with great bones and tons of upside potential. Whether you're an investor looking for your next rental or a buyer ready to build equity, this property checks the boxes. Features include generous living space, a sizable lot, and strong rental potential. Conveniently located near schools, shopping, and major freeways for easy access throughout the city. With a little vision and TLC, this could be a fantastic addition to any portfolio or a great place to call home. Priced to sell, don't miss this opportunity! Photos can be sent out upon request

19. 2025-05-07
    soldstatus $90,000
20. 2025-04-28
    soldstatus $90,000 Closed

    Show marketing remark (566 chars)

    Attention investors! Are you looking for a great turn-key and performing rental property in a nice area? Well here is your chance. This property has been recently remodeled prior to the placement of the tenant. . The current rent is 1325. The tenant intends to stay and pays on time. House has a good roof, vinyl windows, and newer mechanicals. For now all you would need to do is buy and enjoy some passive income. Good rentals are hard to find these days. You should grab this one before it's gone gone gone! Seller willing to offer concessions for the right offer

21. 2025-04-28
    soldstatus $90,000 Closed

    Show marketing remark (566 chars)

    Attention investors! Are you looking for a great turn-key and performing rental property in a nice area? Well here is your chance. This property has been recently remodeled prior to the placement of the tenant. . The current rent is 1325. The tenant intends to stay and pays on time. House has a good roof, vinyl windows, and newer mechanicals. For now all you would need to do is buy and enjoy some passive income. Good rentals are hard to find these days. You should grab this one before it's gone gone gone! Seller willing to offer concessions for the right offer

22. 2025-04-18
    status Pending

    Show marketing remark (566 chars)

    Attention investors! Are you looking for a great turn-key and performing rental property in a nice area? Well here is your chance. This property has been recently remodeled prior to the placement of the tenant. . The current rent is 1325. The tenant intends to stay and pays on time. House has a good roof, vinyl windows, and newer mechanicals. For now all you would need to do is buy and enjoy some passive income. Good rentals are hard to find these days. You should grab this one before it's gone gone gone! Seller willing to offer concessions for the right offer

23. 2025-04-18
    status Pending

    Show marketing remark (566 chars)

    Attention investors! Are you looking for a great turn-key and performing rental property in a nice area? Well here is your chance. This property has been recently remodeled prior to the placement of the tenant. . The current rent is 1325. The tenant intends to stay and pays on time. House has a good roof, vinyl windows, and newer mechanicals. For now all you would need to do is buy and enjoy some passive income. Good rentals are hard to find these days. You should grab this one before it's gone gone gone! Seller willing to offer concessions for the right offer

24. 2025-04-03
    historical Accepting Backup Offers

    Show marketing remark (566 chars)

    Attention investors! Are you looking for a great turn-key and performing rental property in a nice area? Well here is your chance. This property has been recently remodeled prior to the placement of the tenant. . The current rent is 1325. The tenant intends to stay and pays on time. House has a good roof, vinyl windows, and newer mechanicals. For now all you would need to do is buy and enjoy some passive income. Good rentals are hard to find these days. You should grab this one before it's gone gone gone! Seller willing to offer concessions for the right offer

25. 2025-04-03
    historical Active Under Contract

    Show marketing remark (566 chars)

    Attention investors! Are you looking for a great turn-key and performing rental property in a nice area? Well here is your chance. This property has been recently remodeled prior to the placement of the tenant. . The current rent is 1325. The tenant intends to stay and pays on time. House has a good roof, vinyl windows, and newer mechanicals. For now all you would need to do is buy and enjoy some passive income. Good rentals are hard to find these days. You should grab this one before it's gone gone gone! Seller willing to offer concessions for the right offer

26. 2025-03-28
    listed $95,000 Active

    Show marketing remark (566 chars)

    Attention investors! Are you looking for a great turn-key and performing rental property in a nice area? Well here is your chance. This property has been recently remodeled prior to the placement of the tenant. . The current rent is 1325. The tenant intends to stay and pays on time. House has a good roof, vinyl windows, and newer mechanicals. For now all you would need to do is buy and enjoy some passive income. Good rentals are hard to find these days. You should grab this one before it's gone gone gone! Seller willing to offer concessions for the right offer

27. 2025-03-28
    listed $95,000 Active

    Show marketing remark (566 chars)

    Attention investors! Are you looking for a great turn-key and performing rental property in a nice area? Well here is your chance. This property has been recently remodeled prior to the placement of the tenant. . The current rent is 1325. The tenant intends to stay and pays on time. House has a good roof, vinyl windows, and newer mechanicals. For now all you would need to do is buy and enjoy some passive income. Good rentals are hard to find these days. You should grab this one before it's gone gone gone! Seller willing to offer concessions for the right offer

28. 2024-05-02
    historical $1,300
29. 2024-04-10
    listed $1,300
30. 2024-04-10
    historical $1,300
31. 2024-03-13
    listed $1,300
32. 2024-01-02
    soldstatus $48,000
33. 2023-12-20
    soldstatus $48,000 Sold
34. 2023-12-20
    soldstatus $48,000 Closed
35. 2023-12-18
    status Pending
36. 2023-12-18
    status Pending
37. 2023-11-30
    price $52,000
38. 2023-11-30
    price $52,000
39. 2023-11-20
    price $54,000
40. 2023-11-20
    price $54,000
41. 2023-11-07
    status Active
42. 2023-11-07
    status Active
43. 2023-10-19
    status Pending
44. 2023-10-19
    status Pending
45. 2023-10-10
    listed $58,000 Active
46. 2023-10-10
    listed $58,000 Active

ⓘ 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: $4,208 · $351/mo
• Projected year-2 tax: $4,208 · $351/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 2/10 Low FEMA zone X (unshaded) · 7% 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 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,703
• − Mortgage interest: −$5,041
• − Property taxes: −$4,208
• − Insurance: −$450
• − Repairs & maintenance: −$1,256
• − Management: −$1,256
• − Depreciation: −$2,618
• Taxable income: $873
• Est. tax owed @ 24.0%: −$210
• After-tax cash flow: $1,874/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): 32,760
• Household income: $35,322
• Rent vs Own: 47.0% rent · 53.0% own
• Severe rent burden: 2372.0

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% White 3% Two or more races 1%
• Common ancestry: Romanian 1%
• Foreign-born: 2% · Canada, Vietnam, Philippines
• Languages at home: 97% English-only · French/Haitian/Cajun 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: ▼ -44.65%
• Current HPI: 328.8978
• Rent YoY: ▲ 6.72%
• 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

+55.2% since first listed

36 events — show timeline

• 2026-06-03 Price Changed $90,000 MiRealSource-MiMLS
• 2026-06-03 Price Changed $90,000 REALCOMP
• 2026-05-20 Price Changed $95,000 MiRealSource-MiMLS
• 2026-05-19 Price Changed $95,000 REALCOMP
• 2026-05-06 Price Changed $100,000 MiRealSource-MiMLS
• 2026-05-06 Price Changed $100,000 REALCOMP
• 2026-05-06 Listed $115,000 REALCOMP
• 2026-05-06 Listed $115,000 MiRealSource-MiMLS
• 2025-05-07 Sold (Public Records) $90,000 Public Records
• 2025-04-28 Sold (MLS) $90,000 MiRealSource-MiMLS
• 2025-04-28 Sold (MLS) $90,000 REALCOMP
• 2025-04-18 Pending — MiRealSource-MiMLS
• 2025-04-18 Pending — REALCOMP
• 2025-04-03 Contingent — MiRealSource-MiMLS
• 2025-04-03 Contingent — REALCOMP
• 2025-03-28 Listed $95,000 MiRealSource-MiMLS
• 2025-03-28 Listed $95,000 REALCOMP
• 2024-05-02 Rental Removed $1,300 APPFOLIO
• 2024-04-10 Listed for Rent $1,300 APPFOLIO
• 2024-04-10 Rental Removed $1,300 APPFOLIO
• 2024-03-13 Listed for Rent $1,300 APPFOLIO
• 2024-01-02 Sold (Public Records) $48,000 Public Records
• 2023-12-20 Sold (MLS) $48,000 MiRealSource-MiMLS
• 2023-12-20 Sold (MLS) $48,000 REALCOMP
• 2023-12-18 Pending — MiRealSource-MiMLS
• 2023-12-18 Pending — REALCOMP
• 2023-11-30 Price Changed $52,000 MiRealSource-MiMLS
• 2023-11-30 Price Changed $52,000 REALCOMP
• 2023-11-20 Price Changed $54,000 MiRealSource-MiMLS
• 2023-11-20 Price Changed $54,000 REALCOMP
• 2023-11-07 Relisted — MiRealSource-MiMLS
• 2023-11-07 Relisted — REALCOMP
• 2023-10-19 Pending — MiRealSource-MiMLS
• 2023-10-19 Pending — REALCOMP
• 2023-10-10 Listed $58,000 MiRealSource-MiMLS
• 2023-10-10 Listed $58,000 REALCOMP

Property tax history

+9.5%/yr

Latest (2025): $4,208 · +0.2% YoY. Source: county tax records.