7946 Mckinley St · Taylor, MI 48180

$189,900

3 bd · 1.0 ba · 996 sqft · SingleFamily public records · 7 Days on market

Built 1955 6,970 sqft lot Est $180k · 5% over

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +13.7/30.0
• ARV discount +5.1/15.0
• DSCR +4.1/10.0
• Livability +3.8/5.0
• Rent growth +3.7/5.0
• 1% rule +3.3/10.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Back on the Market. Well maintained brick ranch home located on a 50' wide lot in a prime Taylor location near Champaign and Monroe. Take a look at the large awning covered front porch. What a perfect place to sit and relax on a rainy day. Large 2 car garage, newer driveway, roof, windows and gutters. Original owner lived there for over 70 years and the pride in their home shows! All original items such as the kitchen and bath have been well-cared for. Hardwood flooring exists under the carpet, and the bedrooms show the original hardwood floors. Full basement is very spacious with a section partitioned off for a laundry room. The basement would be a nicely finished family room! This house has everything you need to make it your home. The house is being sold in as-is condition. Buyer is responsible for obtaining the Certificate of Occupancy. A copy of the inspection report is available.

Key facts

• 6,970 sq ft lot
• 2 garage spots
• Built 1955

Property features AI

Finance

• Other: Paved road access; Lot dimensions approximately 50 x 137 (0.16 acres)
• HOA & community: Sidewalks

Exterior

• Parking: Detached garage; 2 garage spaces; Driveway; Garage faces front; Garage door opener
• Security: Smoke detector(s)
• Utilities: Public sewer; Cable available; Circuit breaker electric; Other water source
• Home design: Single-family residence; One story; Ground-level entry with steps; Brick exterior; Facing direction not specified
• Construction: Brick construction; Asphalt roof; Full unfinished basement
• Exterior features: Covered porch; Porch

Interior

• Kitchen: Free-standing electric oven; Free-standing electric range
• Bedrooms: Total of 6 rooms (bedroom count not specified)
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); Central air conditioning; Ceiling fan(s)
• Interior features: Disposal; Range hood; Awning(s)
• Laundry & utility: Washer hookup; Gas dryer hookup; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $13 ($154/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $157k (17.1% below list).
• Recommended offer: $157k (17.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 76/100 on livability (#144 in MI, #3,684 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, crime F.
• Taylor School District (urban): math 14% / reading 27% proficiency, ranked #462 of 540 in MI (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Clarence Randall Elem School (math 10% / reading 10%, grade F, #1,230 of 1,397 statewide, top 91%, 461 students, 81% FRL); Robert J West Middle School (math 12% / reading 32%, grade F, #408 of 493 statewide, top 84%, 641 students, 68% FRL); Taylor High School (math 37% / reading 52%, grade F, #214 of 713 statewide, top 36%, 1,394 students, 66% FRL) — zoned schools at 72% FRL track the district average.
• Market conditions: Rents rising fast (+4.9%/yr); 289 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 0d on market — plan ~1-2 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 31% of the median local income ($61k/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 $1k of loan paydown is wiped out by about $6k 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

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $157,482 (17.1% below list)

Questions for the listing agent

1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are 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?
4. 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?
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: 0.83% ✗
• Cap rate: 6.37%
• Cash-on-cash: 0.29%
• DSCR: 1.01
• GRM: 10.0

CMA / ARV

• ARV (on-the-fly): $180,276
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8003 Roosevelt St	0.09mi	3/1.0	1,029 (+3%)	1mo	$195,000	$190	89
8019 Roosevelt St	0.10mi	3/1.0	957 (-4%)	3mo	$175,100	$183	86
7866 Dudley St	0.25mi	3/1.0	957 (-4%)	5mo	$172,900	$181	78
8339 Birch St	0.49mi	3/1.0	994 (-0%)	1mo	$142,000	$143	76
22324 Wohlfeil St	0.20mi	2/2.0 (-1)	948 (-5%)	5mo	$190,000	$200	70
7235 Mortenview Dr	0.59mi	3/1.0	946 (-5%)	4mo	$169,900	$180	61
23628 Champaign St	0.67mi	3/1.0	949 (-5%)	4mo	$174,000	$183	58
8248 Birch St	0.49mi	3/1.0	1,123 (+13%)	0mo	$181,900	$162	56
21144 Pinecrest St	0.69mi	3/1.0	1,074 (+8%)	1mo	$135,000	$126	54
8910 Mason St	0.71mi	3/1.0	1,053 (+6%)	5mo	$145,000	$138	54
7166 Pardee Rd	0.48mi	2/1.0 (-1)	850 (-15%)	1mo	$73,000	$86	47
7140 Elm St	0.59mi	3/1.0	851 (-15%)	3mo	$165,000	$194	45

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 · 4.9% rent growth · sell at horizon

5-year hold

• IRR: -13.9%
• Equity multiple: 0.49×
• Total profit: $-26,914
• Equity at exit: $28,315

10-year hold

• IRR: -2.4%
• Equity multiple: 0.82×
• Total profit: $-9,404
• Equity at exit: $16,419

Cash invested: $53,172 (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 48180

• Rents YoY: 4.9%
• Active inventory: 289
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $1,575 medium
• Mortgage (P&I): −$996
• Tax from tax record: −$156 /mo · $1,876/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$331
• Net cashflow: $13

Break-even live

Break-even rent $1,559

Max offer price $189,900

Occupancy floor 94%

Sensitivity live

Price	-10% $120	-5% $67	+0% $13	+5% $-41	+10% $-95
Rent	-10% $-112	-5% $-49	+0% $13	+5% $75	+10% $137
Rate	-1.0pp $108	-0.5pp $61	base $13	+0.5pp $-36	+1.0pp $-86

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: $47,475
• Closing costs: $5,697
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7873 Syracuse St Taylor, MI	2.0	1.0	728	$1,400	$1.92	45d	1	0.66mi
9620 Elm St Taylor, MI	2.0	1.0	800	$1,470	$1.84	0d	3	1.07mi
24268 Haskell St Taylor, MI	1.0–2.0	1.0	880	$1,570	$1.78	0d	7	1.09mi

Listing history 9 events

1. 2026-04-24
   status Pending 898-char remark

   Show marketing remark (898 chars)

   Back on the Market. Well maintained brick ranch home located on a 50' wide lot in a prime Taylor location near Champaign and Monroe. Take a look at the large awning covered front porch. What a perfect place to sit and relax on a rainy day. Large 2 car garage, newer driveway, roof, windows and gutters. Original owner lived there for over 70 years and the pride in their home shows! All original items such as the kitchen and bath have been well-cared for. Hardwood flooring exists under the carpet, and the bedrooms show the original hardwood floors. Full basement is very spacious with a section partitioned off for a laundry room. The basement would be a nicely finished family room! This house has everything you need to make it your home. The house is being sold in as-is condition. Buyer is responsible for obtaining the Certificate of Occupancy. A copy of the inspection report is available.

2. 2026-04-24
   status Pending

   Show marketing remark (898 chars)

   Back on the Market. Well maintained brick ranch home located on a 50' wide lot in a prime Taylor location near Champaign and Monroe. Take a look at the large awning covered front porch. What a perfect place to sit and relax on a rainy day. Large 2 car garage, newer driveway, roof, windows and gutters. Original owner lived there for over 70 years and the pride in their home shows! All original items such as the kitchen and bath have been well-cared for. Hardwood flooring exists under the carpet, and the bedrooms show the original hardwood floors. Full basement is very spacious with a section partitioned off for a laundry room. The basement would be a nicely finished family room! This house has everything you need to make it your home. The house is being sold in as-is condition. Buyer is responsible for obtaining the Certificate of Occupancy. A copy of the inspection report is available.

3. 2026-04-23
   status Active 898-char remark

   Show marketing remark (898 chars)

   Back on the Market. Well maintained brick ranch home located on a 50' wide lot in a prime Taylor location near Champaign and Monroe. Take a look at the large awning covered front porch. What a perfect place to sit and relax on a rainy day. Large 2 car garage, newer driveway, roof, windows and gutters. Original owner lived there for over 70 years and the pride in their home shows! All original items such as the kitchen and bath have been well-cared for. Hardwood flooring exists under the carpet, and the bedrooms show the original hardwood floors. Full basement is very spacious with a section partitioned off for a laundry room. The basement would be a nicely finished family room! This house has everything you need to make it your home. The house is being sold in as-is condition. Buyer is responsible for obtaining the Certificate of Occupancy. A copy of the inspection report is available.

4. 2026-04-23
   status Active

   Show marketing remark (898 chars)

   Back on the Market. Well maintained brick ranch home located on a 50' wide lot in a prime Taylor location near Champaign and Monroe. Take a look at the large awning covered front porch. What a perfect place to sit and relax on a rainy day. Large 2 car garage, newer driveway, roof, windows and gutters. Original owner lived there for over 70 years and the pride in their home shows! All original items such as the kitchen and bath have been well-cared for. Hardwood flooring exists under the carpet, and the bedrooms show the original hardwood floors. Full basement is very spacious with a section partitioned off for a laundry room. The basement would be a nicely finished family room! This house has everything you need to make it your home. The house is being sold in as-is condition. Buyer is responsible for obtaining the Certificate of Occupancy. A copy of the inspection report is available.

5. 2026-04-10
   status Pending 898-char remark

   Show marketing remark (898 chars)

   Back on the Market. Well maintained brick ranch home located on a 50' wide lot in a prime Taylor location near Champaign and Monroe. Take a look at the large awning covered front porch. What a perfect place to sit and relax on a rainy day. Large 2 car garage, newer driveway, roof, windows and gutters. Original owner lived there for over 70 years and the pride in their home shows! All original items such as the kitchen and bath have been well-cared for. Hardwood flooring exists under the carpet, and the bedrooms show the original hardwood floors. Full basement is very spacious with a section partitioned off for a laundry room. The basement would be a nicely finished family room! This house has everything you need to make it your home. The house is being sold in as-is condition. Buyer is responsible for obtaining the Certificate of Occupancy. A copy of the inspection report is available.

6. 2026-04-10
   status Pending

   Show marketing remark (898 chars)

   Back on the Market. Well maintained brick ranch home located on a 50' wide lot in a prime Taylor location near Champaign and Monroe. Take a look at the large awning covered front porch. What a perfect place to sit and relax on a rainy day. Large 2 car garage, newer driveway, roof, windows and gutters. Original owner lived there for over 70 years and the pride in their home shows! All original items such as the kitchen and bath have been well-cared for. Hardwood flooring exists under the carpet, and the bedrooms show the original hardwood floors. Full basement is very spacious with a section partitioned off for a laundry room. The basement would be a nicely finished family room! This house has everything you need to make it your home. The house is being sold in as-is condition. Buyer is responsible for obtaining the Certificate of Occupancy. A copy of the inspection report is available.

7. 2026-04-05
   listed $189,900 Active 898-char remark

   Show marketing remark (898 chars)

   Back on the Market. Well maintained brick ranch home located on a 50' wide lot in a prime Taylor location near Champaign and Monroe. Take a look at the large awning covered front porch. What a perfect place to sit and relax on a rainy day. Large 2 car garage, newer driveway, roof, windows and gutters. Original owner lived there for over 70 years and the pride in their home shows! All original items such as the kitchen and bath have been well-cared for. Hardwood flooring exists under the carpet, and the bedrooms show the original hardwood floors. Full basement is very spacious with a section partitioned off for a laundry room. The basement would be a nicely finished family room! This house has everything you need to make it your home. The house is being sold in as-is condition. Buyer is responsible for obtaining the Certificate of Occupancy. A copy of the inspection report is available.

8. 2026-04-05
   listed $189,900 Active

   Show marketing remark (898 chars)

   Back on the Market. Well maintained brick ranch home located on a 50' wide lot in a prime Taylor location near Champaign and Monroe. Take a look at the large awning covered front porch. What a perfect place to sit and relax on a rainy day. Large 2 car garage, newer driveway, roof, windows and gutters. Original owner lived there for over 70 years and the pride in their home shows! All original items such as the kitchen and bath have been well-cared for. Hardwood flooring exists under the carpet, and the bedrooms show the original hardwood floors. Full basement is very spacious with a section partitioned off for a laundry room. The basement would be a nicely finished family room! This house has everything you need to make it your home. The house is being sold in as-is condition. Buyer is responsible for obtaining the Certificate of Occupancy. A copy of the inspection report is available.

9. 2026-04-02
   historical $189,900 898-char remark

   Show marketing remark (898 chars)

   Back on the Market. Well maintained brick ranch home located on a 50' wide lot in a prime Taylor location near Champaign and Monroe. Take a look at the large awning covered front porch. What a perfect place to sit and relax on a rainy day. Large 2 car garage, newer driveway, roof, windows and gutters. Original owner lived there for over 70 years and the pride in their home shows! All original items such as the kitchen and bath have been well-cared for. Hardwood flooring exists under the carpet, and the bedrooms show the original hardwood floors. Full basement is very spacious with a section partitioned off for a laundry room. The basement would be a nicely finished family room! This house has everything you need to make it your home. The house is being sold in as-is condition. Buyer is responsible for obtaining the Certificate of Occupancy. A copy of the inspection report is available.

ⓘ 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: $1,876 · $156/mo
• Projected year-2 tax: $2,400 · $200/mo
• Expected delta: +$524/yr (+$44/mo · 28.0%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,898
• − Mortgage interest: −$10,637
• − Property taxes: −$1,876
• − Insurance: −$950
• − Repairs & maintenance: −$1,512
• − Management: −$1,512
• − Depreciation: −$5,524
• Taxable loss: −$3,113
• Est. tax savings @ 24.0%: +$747
• After-tax cash flow: $901/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: Taylor School District
• NCES district ID: 2633540
• Math proficiency: 14% ▼ -7.00%
• Reading proficiency: 27% ▼ -4.00%
• Median HH income: $43,062
• Composite: 17.62/100
• National rank: #9034
• State rank: #462 of 540 in MI

Livability — Taylor

• Score: 76/100
• State rank: #144
• US rank: #3684

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Taylor, MI
• County: Wayne County · 1,562,939 people
• City population: 62,081
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 62,081
• Household income: $61,081
• Rent vs Own: 33.3% rent · 66.7% own
• Severe rent burden: 1957.0

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: Majority White (65%)
• Race & ethnicity: White 65% Black 19% Two or more races 9% Hispanic / Latino 9% Asian 2%
• Hispanic origin (detail): Mexican 6% Puerto Rican 2%
• Common ancestry: Romanian 8% Lithuanian 3% Slovak 2%
• Foreign-born: 7% · Canada
• Languages at home: 89% English-only · Spanish 4% Arabic 3% Other Indo-European 3%

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: ▼ -212.33%
• Current HPI: 228.921
• Rent YoY: ▲ 4.90%
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+0.0% since first listed

9 events — show timeline

• 2026-04-24 Pending — MiRealSource-MiMLS
• 2026-04-24 Pending — REALCOMP
• 2026-04-23 Relisted — MiRealSource-MiMLS
• 2026-04-23 Relisted — REALCOMP
• 2026-04-10 Pending — MiRealSource-MiMLS
• 2026-04-10 Pending — REALCOMP
• 2026-04-05 Listed $189,900 MiRealSource-MiMLS
• 2026-04-05 Listed $189,900 REALCOMP
• 2026-04-02 Coming Soon $189,900 MiRealSource-MiMLS

Property tax history

+0.3%/yr

Latest (2025): $1,876 · -11.9% YoY. Source: county tax records.