18339 University Park Dr · Livonia, MI 48152

$160,000

2 bd · 1.5 ba · 1,370 sqft · Condo public records · 51 Days on market

Built 1972 $378/mo HOA · 19% of rent

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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 +18.6/30.0
• ARV discount +7.5/15.0
• 1% rule +7.4/10.0
• DSCR +5.8/10.0
• Schools +4.6/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

Key facts

• $378 HOA
• Built 1972
• Listed 51 days

Property features AI

Finance

• Other: Pets allowed
• HOA & community: HOA with monthly fee of $378

Exterior

• Parking: No garage (carport available)
• Utilities: Public water; Public sewer
• Home design: Residential condominium; One story; Ground-level entry with steps
• Construction: Brick construction; Slab foundation
• Exterior features: Balcony; Covered patio, deck, and porch options

Interior

• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central air conditioning; Forced air heating (natural gas)
• Interior features: Gas water heater; 6 total rooms
• Laundry & utility: In-unit laundry in a dedicated laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath condo listed at $160k.

Deal economics

• At list price, monthly cash flow is $154 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $155k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.4% vs local median 4.9% in Livonia — 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 77/100 on livability (#116 in MI, #2,784 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities D, health & safety D, commute F.
• Livonia Public Schools School District (urban): math 46% / reading 59% proficiency, ranked #77 of 540 in MI (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Hoover Elementary School (math 72% / reading 72%, grade A-, #51 of 1,397 statewide, top 5%, 500 students, 17% FRL); Holmes Middle School (math 42% / reading 65%, grade C+, #86 of 493 statewide, top 18%, 656 students, 25% FRL); Stevenson High School (math 51% / reading 72%, grade B-, #66 of 713 statewide, top 9%, 1,636 students, 23% FRL) — zoned schools at 22% FRL track the district average.
• Market conditions: 126 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 0d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 16 sale attempts since 13y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $112k; 43% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $155,200 (3.0% below list)

Questions for the listing agent

1. It's been on market 51 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 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-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?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.24% ✓
• Cap rate: 7.45%
• Cash-on-cash: 4.13%
• DSCR: 1.18
• GRM: 6.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -9.7%
• Equity multiple: 0.65×
• Total profit: $-15,884
• Equity at exit: $23,857

10-year hold

• IRR: -0.1%
• Equity multiple: 0.99×
• Total profit: $-296
• Equity at exit: $13,834

Cash invested: $44,800 (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 48152

• Active inventory: 126
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,982 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$128 /mo · $1,535/yr
• Insurance: −$67
• HOA: −$378
• Vacancy / Maint / Mgmt: −$416
• Net cashflow: $154

Break-even live

Break-even rent $1,787

Max offer price $160,000

Occupancy floor 87%

Sensitivity live

Price	-10% $245	-5% $200	+0% $154	+5% $109	+10% $64
Rent	-10% $-2	-5% $76	+0% $154	+5% $233	+10% $311
Rate	-1.0pp $235	-0.5pp $195	base $154	+0.5pp $113	+1.0pp $71

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
39475 Springwater Dr Northville, MI	2.0	2.5	1536	$2,045	$1.33	0d	1	1.00mi
39460 Springwater Dr Northville, MI	2.0	2.5	1764	$2,400	$1.36	0d	1	1.00mi
19752 Haggerty Rd Livonia, MI	1.0–3.0	1.0–2.0	1080	$2,524	$2.34	0d	18	1.02mi
39700 Rockcrest Ln Northville, MI	2.0	2.0	1756	$2,200	$1.25	0d	1	1.09mi

HOA detail condo

• Monthly dues: $378 · $4,536/yr
• Likely covers: water
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-05-11
   status Pending 831-char remark

   Show marketing remark (831 chars)

   Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

2. 2026-05-11
   status Pending

   Show marketing remark (831 chars)

   Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

3. 2026-05-04
   price $160,000 831-char remark

   Show marketing remark (831 chars)

   Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

4. 2026-05-03
   price $160,000
5. 2026-04-29
   status Active 831-char remark

   Show marketing remark (831 chars)

   Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

6. 2026-04-29
   status Active

   Show marketing remark (831 chars)

   Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

7. 2026-04-27
   price $159,900 831-char remark

   Show marketing remark (831 chars)

   Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

8. 2026-04-27
   price $159,900

   Show marketing remark (831 chars)

   Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

9. 2026-04-27
   historical 831-char remark

   Show marketing remark (831 chars)

   Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

10. 2026-04-23
    price $160,000 831-char remark

    Show marketing remark (831 chars)

    Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

11. 2026-04-22
    price $160,000

    Show marketing remark (831 chars)

    Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

12. 2026-04-22
    price $165,000 831-char remark

    Show marketing remark (831 chars)

    Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

13. 2026-04-22
    price $170,000 831-char remark

    Show marketing remark (831 chars)

    Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

14. 2026-04-22
    price $165,000

    Show marketing remark (831 chars)

    Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

15. 2026-04-21
    price $170,000

    Show marketing remark (831 chars)

    Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

16. 2026-04-21
    price $160,000 831-char remark

    Show marketing remark (831 chars)

    Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

17. 2026-04-21
    price $160,000

    Show marketing remark (831 chars)

    Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

18. 2026-04-20
    price $165,000 831-char remark

    Show marketing remark (831 chars)

    Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

19. 2026-04-20
    price $160,000 831-char remark

    Show marketing remark (831 chars)

    Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

20. 2026-04-20
    price $165,000

    Show marketing remark (831 chars)

    Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

21. 2026-04-20
    price $160,000

    Show marketing remark (831 chars)

    Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

22. 2026-04-04
    price $165,000 831-char remark

    Show marketing remark (831 chars)

    Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

23. 2026-04-03
    price $165,000
24. 2026-03-19
    listed $170,000 Active 831-char remark

    Show marketing remark (831 chars)

    Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

25. 2026-03-19
    listed $170,000 Active

    Show marketing remark (831 chars)

    Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

26. 2026-03-19
    historical $170,000 831-char remark

    Show marketing remark (831 chars)

    Welcome to your new home! This stunning upper-level ranch condo in the heart of Livonia puts you minutes away from the city's best shopping, dining, and expressways. Why you'll love it: Financial Freedom: An incredible opportunity for first-time buyers! Ask about no-money-down programs with no PMI to start building equity for less than the cost of rent. Private Retreat: Relax on your private balcony overlooking the quiet backside of the complex, with dual access from both the spacious living room and the primary suite. Move-In Ready: The kitchen shines with updated cabinetry, modern hardware, and stylish new lighting. Peace of Mind: All major mechanicals - including the furnace, AC, and water heater - are newer and in excellent working order. Stop paying your landlord's mortgage and start investing in your future today!

27. 2026-02-11
    historical
28. 2026-01-08
    listed $195,000 Active
29. 2026-01-08
    listed $195,000 Active
30. 2026-01-08
    historical
31. 2026-01-08
    historical
32. 2025-10-18
    price $195,000
33. 2025-10-17
    price $195,000
34. 2025-09-20
    listed $215,000 Active
35. 2025-09-20
    listed $215,000 Active
36. 2025-09-19
    historical
37. 2019-10-28
    soldstatus $112,000
38. 2019-10-25
    soldstatus $112,000 Closed
39. 2019-09-16
    status Pending
40. 2019-09-14
    listed $108,000 Active
41. 2019-09-14
    historical
42. 2019-09-11
    price $108,000
43. 2019-09-07
    listed $115,000 Active
44. 2019-09-07
    historical
45. 2019-09-07
    historical
46. 2019-08-28
    price $115,000
47. 2019-08-27
    price $115,000
48. 2019-08-20
    price $119,900
49. 2019-08-20
    price $119,900
50. 2019-08-19
    historical

ⓘ 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: $1,535 · $128/mo
• Projected year-2 tax: $2,000 · $167/mo
• Expected delta: +$464/yr (+$39/mo · 30.2%)

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

Taxation est. · year 1

• Rental income: $23,786
• − Mortgage interest: −$8,962
• − Property taxes: −$1,535
• − Insurance: −$800
• − Repairs & maintenance: −$1,903
• − Management: −$1,903
• − HOA: −$4,536
• − Depreciation: −$4,655
• Taxable loss: −$508
• Est. tax savings @ 24.0%: +$122
• After-tax cash flow: $1,973/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: Livonia Public Schools School District
• NCES district ID: 2621840
• Math proficiency: 46% ▼ -5.00%
• Reading proficiency: 59% ▬ 0.00%
• Median HH income: $65,268
• Composite: 46.27/100
• National rank: #2480
• State rank: #77 of 540 in MI

Livability — Livonia

• Score: 77/100
• State rank: #116
• US rank: #2784

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Livonia, MI
• County: Wayne County · 1,562,939 people
• City population: 56,806
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 30,119
• Household income: $88,288
• Rent vs Own: 18.7% rent · 81.3% own
• Severe rent burden: 475.0

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 White (78%)
• Race & ethnicity: White 78% Asian 8% Black 6% Two or more races 5% Hispanic / Latino 5%
• Common ancestry: Romanian 12% Lithuanian 4% Slovak 3%
• Foreign-born: 11% · Canada, South Korea, China
• Languages at home: 84% English-only · Other Indo-European 5% Arabic 3% Spanish 2%

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: ▼ -260.38%
• Current HPI: 178.5761
• Rent YoY: —
• 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

+135.3% since first listed

66 events — show timeline

• 2026-05-11 Pending — MiRealSource-MiMLS
• 2026-05-11 Pending — REALCOMP
• 2026-05-04 Price Changed $160,000 MiRealSource-MiMLS
• 2026-05-03 Price Changed $160,000 REALCOMP
• 2026-04-29 Relisted — MiRealSource-MiMLS
• 2026-04-29 Relisted — REALCOMP
• 2026-04-27 Price Changed $159,900 MiRealSource-MiMLS
• 2026-04-27 Price Changed $159,900 REALCOMP
• 2026-04-27 Listing Removed — MiRealSource-MiMLS
• 2026-04-23 Price Changed $160,000 MiRealSource-MiMLS
• 2026-04-22 Price Changed $160,000 REALCOMP
• 2026-04-22 Price Changed $165,000 MiRealSource-MiMLS
• 2026-04-22 Price Changed $170,000 MiRealSource-MiMLS
• 2026-04-22 Price Changed $165,000 REALCOMP
• 2026-04-21 Price Changed $170,000 REALCOMP
• 2026-04-21 Price Changed $160,000 MiRealSource-MiMLS
• 2026-04-21 Price Changed $160,000 REALCOMP
• 2026-04-20 Price Changed $165,000 MiRealSource-MiMLS
• 2026-04-20 Price Changed $160,000 MiRealSource-MiMLS
• 2026-04-20 Price Changed $165,000 REALCOMP
• 2026-04-20 Price Changed $160,000 REALCOMP
• 2026-04-04 Price Changed $165,000 MiRealSource-MiMLS
• 2026-04-03 Price Changed $165,000 REALCOMP
• 2026-03-19 Listed $170,000 MiRealSource-MiMLS
• 2026-03-19 Listed $170,000 REALCOMP
• 2026-03-19 Coming Soon $170,000 MiRealSource-MiMLS
• 2026-02-11 Listing Removed — MiRealSource-MiMLS
• 2026-01-08 Listing Removed — REALCOMP
• 2026-01-08 Listing Removed — MiRealSource-MiMLS
• 2026-01-08 Listed $195,000 MiRealSource-MiMLS
• 2026-01-08 Listed $195,000 REALCOMP
• 2025-10-18 Price Changed $195,000 MiRealSource-MiMLS
• 2025-10-17 Price Changed $195,000 REALCOMP
• 2025-09-20 Listed $215,000 MiRealSource-MiMLS
• 2025-09-20 Listed $215,000 REALCOMP
• 2025-09-19 Coming Soon — MiRealSource-MiMLS
• 2019-10-28 Sold (Public Records) $112,000 Public Records
• 2019-10-25 Sold (MLS) $112,000 MiRealSource-MiMLS
• 2019-09-16 Pending — MiRealSource-MiMLS
• 2019-09-14 Listing Removed — MiRealSource-MiMLS
• 2019-09-14 Listed $108,000 MiRealSource-MiMLS
• 2019-09-11 Price Changed $108,000 MiRealSource-MiMLS
• 2019-09-07 Listing Removed — MiRealSource-MiMLS
• 2019-09-07 Listed $115,000 MiRealSource-MiMLS
• 2019-09-07 Listing Removed — REALCOMP
• 2019-08-28 Price Changed $115,000 MiRealSource-MiMLS
• 2019-08-27 Price Changed $115,000 REALCOMP
• 2019-08-20 Price Changed $119,900 MiRealSource-MiMLS
• 2019-08-20 Price Changed $119,900 REALCOMP
• 2019-08-19 Listing Removed — REALCOMP
• 2019-08-19 Listed $199,900 MiRealSource-MiMLS
• 2019-08-19 Listing Removed — MiRealSource-MiMLS
• 2019-08-19 Listed $199,900 REALCOMP
• 2019-08-17 Price Changed $119,900 MiRealSource-MiMLS
• 2019-08-17 Price Changed $119,900 REALCOMP
• 2019-08-12 Price Changed $125,000 MiRealSource-MiMLS
• 2019-08-12 Price Changed $125,000 REALCOMP
• 2019-08-06 Listed $130,000 MiRealSource-MiMLS
• 2019-08-06 Listed $130,000 REALCOMP
• 2013-10-07 Sold (Public Records) $70,500 Public Records
• 2013-08-30 Sold (MLS) $70,500 REALCOMP
• 2013-08-30 Sold (MLS) $70,500 MiRealSource-MiMLS
• 2013-08-13 Listing Removed — REALCOMP
• 2013-08-13 Listing Removed — MiRealSource-MiMLS
• 2013-08-06 Listed $68,000 REALCOMP
• 2013-08-06 Listed $68,000 MiRealSource-MiMLS

Property tax history

+1.2%/yr

Latest (2025): $1,535 · -44.2% YoY. Source: county tax records.