52962 N Yorktown Ct · Chesterfield, MI 48051

$66,900

3 bd · 2.0 ba · 1,056 sqft · Manufactured · 191 Days on market

Built 2025 Excellent condition

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Condition / age +4.8/5.0
• Schools +3.6/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

You are not going to believe this brand new home. If you have been waiting for the right one, this is it and it is ready now. This three bedroom, two bathroom home offers 1056 square feet of modern living space designed for both comfort and connection. From the moment you walk in, the bright open layout draws you in, with a kitchen that flows seamlessly into the living area, creating a space that feels both inviting and functional. The primary bedroom offers a private retreat with its own full bathroom, while two additional bedrooms provide flexible space for guests, a home office, or whatever fits your lifestyle. A separate laundry area adds everyday convenience, and central air with a smart thermostat keeps your home comfortable year round. Located in a well maintained community, you will enjoy access to a swimming pool, clubhouse, and playgrounds, all just minutes from shopping and major freeways. For a limited time, take advantage of free applications. This is your opportunity to move into a brand new home without the usual barriers. Homes like this are moving quickly, and once they are gone, they are gone. Schedule your tour now and see it for yourself. Photos may be staged for illustrative purposes. Availability and details are subject to change. Call today to see the home for yourself.

Key facts

• Spacious island
• Primary suite
• Dedicated pantry

Tags

• OPEN-CONCEPT LAYOUT
• SPACIOUS ISLAND
• DEDICATED PANTRY
• PRIMARY SUITE
• MODERN FINISHES

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $67k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $740 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $67k).
• Recommended offer: $59k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• L'Anse Creuse Public Schools (suburban): math 31% / reading 51% proficiency, ranked #184 of 540 in MI (top 34%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 140 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); 1,321 units permitted in Macomb County in 2024 (86 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $463 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Macomb County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $19k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 191 days — a 12% lower offer ($59k) is reasonable based on typical stale-listing flexibility.
• 2 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.

Recommended offer $58,872 (12.0% below list)

Questions for the listing agent

1. It's been on market 191 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 2.27% ✓
• Cap rate: 19.57%
• Cash-on-cash: 47.41%
• DSCR: 3.11
• GRM: 3.7

CMA / ARV

• ARV (on-the-fly): $28,512
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
52857 Bunker Hill Blvd Blvd	0.06mi	3/2.0	924 (-12%)	15mo	$25,000	$27	64
52259 Quaker Hill Ln	0.53mi	3/2.0	956 (-10%)	13mo	$21,250	$22	49

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 44.8%
• Equity multiple: 2.94×
• Total profit: $36,314
• Equity at exit: $9,975

10-year hold

• IRR: 50.7%
• Equity multiple: 5.93×
• Total profit: $92,405
• Equity at exit: $5,784

Cash invested: $18,732 (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 48051

• Home prices YoY: -31.8%
• Active inventory: 140
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $1,522 high
• Mortgage (P&I): −$351
• Tax est. 1.5%: −$84 /mo · $1,004/yr
• Insurance: −$28
• HOA: −$0
• Vacancy / Maint / Mgmt: −$320
• Net cashflow: $740

Break-even live

Break-even rent $585

Max offer price $66,900

Occupancy floor 46%

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: $16,725
• Closing costs: $2,007
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
52962 N Yorktown Ct Unit 168 Chesterfield, MI	3.0	2.0	1056	$1,519	$1.44	2d	1	0.03mi
52871 N Zacharias Ct Unit 161 Chesterfield, MI	3.0	2.0	1152	$1,519	$1.32	2d	1	0.06mi
52758 S Yorktown Ct Unit 176 New Baltimore, MI	2.0	2.0	960	$1,449	$1.51	2d	1	0.09mi
29649 Cambridge Ct Unit 256 New Baltimore, MI	3.0	2.0	1152	$1,579	$1.37	2d	1	0.09mi
52792 S Zacharias Ct Unit 151 Chesterfield, MI	3.0	2.0	1056	$1,479	$1.40	2d	1	0.10mi
52780 S Zacharias Ct Unit 152 Chesterfield, MI	3.0	2.0	1056	$1,499	$1.42	2d	1	0.11mi
52705 Van Buren Dr Unit 297 Chesterfield, MI	3.0	2.0	1056	$1,479	$1.40	2d	1	0.14mi
29810 W Essex Ct Unit 107 New Baltimore, MI	3.0	2.0	1056	$1,439	$1.36	5d	1	0.16mi
29778 W Essex Ct Unit 109 New Baltimore, MI	3.0	2.0	1056	$1,469	$1.39	44d	1	0.17mi
29811 W Essex Ct Unit 114 New Baltimore, MI	3.0	2.0	1456	$1,729	$1.19	44d	1	0.19mi
52436 Winston Ct Unit 209 Chesterfield, MI	3.0	2.0	1056	$1,479	$1.40	44d	1	0.23mi
29909 Flushing Dr Unit 71 New Baltimore, MI	3.0	2.0	1440	$1,669	$1.16	17d	1	0.28mi
29805 Jamestown Dr Unit 435 New Baltimore, MI	3.0	2.0	1344	$1,739	$1.29	1d	1	0.42mi
29890 Donna Ln New Baltimore, MI	2.0	1.5	1120	$1,500	$1.34	1d	1	0.82mi
28346 Adler Park Dr S #246 Chesterfield, MI	2.0	2.0	1332	$1,750	$1.31	44d	1	0.91mi
28218 S Pointe Ln New Baltimore, MI	2.0	2.0	1427	$1,850	$1.30	5d	1	0.98mi
28218 S Pointe Ln New Baltimore, MI	2.0	2.0	1425	$2,100	$1.47	24d	1	0.98mi
28123 23 Mile Rd New Baltimore, MI	1.0–2.0	1.0	800	$1,059	$1.32	2d	5	1.21mi
50450 Bay Run N #50 Chesterfield, MI	2.0	1.5	1200	$1,500	$1.25	17d	1	1.22mi

Listing history 17 events

1. 2026-06-18
   days on market $66,900 Active 191 DOM
2. 2026-06-17
   days on market $66,900 Active 190 DOM
3. 2026-06-16
   days on market $66,900 Active 189 DOM
4. 2026-06-15
   days on market $66,900 Active 188 DOM
5. 2026-06-13
   days on market $66,900 Active 186 DOM
6. 2026-06-13
   days on market $66,900 Active 185 DOM
7. 2026-06-09
   days on market $66,900 Active 182 DOM
8. 2026-06-08
   days on market $66,900 Active 181 DOM
9. 2026-06-07
   days on market $66,900 Active 180 DOM
10. 2026-06-04
    days on market $66,900 Active 177 DOM
11. 2026-06-03
    days on market $66,900 Active 176 DOM
12. 2026-06-02
    days on market $66,900 Active 175 DOM
13. 2026-06-01
    days on market $66,900 Active 174 DOM
14. 2026-05-31
    days on market $66,900 Active 173 DOM
15. 2026-05-02
    status Active 1313-char remark

    Show marketing remark (1313 chars)

    You are not going to believe this brand new home. If you have been waiting for the right one, this is it and it is ready now. This three bedroom, two bathroom home offers 1056 square feet of modern living space designed for both comfort and connection. From the moment you walk in, the bright open layout draws you in, with a kitchen that flows seamlessly into the living area, creating a space that feels both inviting and functional. The primary bedroom offers a private retreat with its own full bathroom, while two additional bedrooms provide flexible space for guests, a home office, or whatever fits your lifestyle. A separate laundry area adds everyday convenience, and central air with a smart thermostat keeps your home comfortable year round. Located in a well maintained community, you will enjoy access to a swimming pool, clubhouse, and playgrounds, all just minutes from shopping and major freeways. For a limited time, take advantage of free applications. This is your opportunity to move into a brand new home without the usual barriers. Homes like this are moving quickly, and once they are gone, they are gone. Schedule your tour now and see it for yourself. Photos may be staged for illustrative purposes. Availability and details are subject to change. Call today to see the home for yourself.

16. 2026-04-12
    historical 1313-char remark

    Show marketing remark (1313 chars)

    You are not going to believe this brand new home. If you have been waiting for the right one, this is it and it is ready now. This three bedroom, two bathroom home offers 1056 square feet of modern living space designed for both comfort and connection. From the moment you walk in, the bright open layout draws you in, with a kitchen that flows seamlessly into the living area, creating a space that feels both inviting and functional. The primary bedroom offers a private retreat with its own full bathroom, while two additional bedrooms provide flexible space for guests, a home office, or whatever fits your lifestyle. A separate laundry area adds everyday convenience, and central air with a smart thermostat keeps your home comfortable year round. Located in a well maintained community, you will enjoy access to a swimming pool, clubhouse, and playgrounds, all just minutes from shopping and major freeways. For a limited time, take advantage of free applications. This is your opportunity to move into a brand new home without the usual barriers. Homes like this are moving quickly, and once they are gone, they are gone. Schedule your tour now and see it for yourself. Photos may be staged for illustrative purposes. Availability and details are subject to change. Call today to see the home for yourself.

17. 2025-11-19
    listed $66,900 Active 1313-char remark

    Show marketing remark (1313 chars)

    You are not going to believe this brand new home. If you have been waiting for the right one, this is it and it is ready now. This three bedroom, two bathroom home offers 1056 square feet of modern living space designed for both comfort and connection. From the moment you walk in, the bright open layout draws you in, with a kitchen that flows seamlessly into the living area, creating a space that feels both inviting and functional. The primary bedroom offers a private retreat with its own full bathroom, while two additional bedrooms provide flexible space for guests, a home office, or whatever fits your lifestyle. A separate laundry area adds everyday convenience, and central air with a smart thermostat keeps your home comfortable year round. Located in a well maintained community, you will enjoy access to a swimming pool, clubhouse, and playgrounds, all just minutes from shopping and major freeways. For a limited time, take advantage of free applications. This is your opportunity to move into a brand new home without the usual barriers. Homes like this are moving quickly, and once they are gone, they are gone. Schedule your tour now and see it for yourself. Photos may be staged for illustrative purposes. Availability and details are subject to change. Call today to see the home for yourself.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $18,264
• − Mortgage interest: −$3,747
• − Property taxes: −$1,004
• − Insurance: −$334
• − Repairs & maintenance: −$1,461
• − Management: −$1,461
• − Depreciation: −$1,946
• Taxable income: $8,310
• Est. tax owed @ 24.0%: −$1,994
• After-tax cash flow: $6,886/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.

Condition & rehab AI · 1 photo

Excellent 95/100 None rehab

This brand new, move-in-ready manufactured home offers modern living space with excellent condition and no visible repairs or maintenance needed.

Value-add opportunities

• Both Painting — Fresh paint can enhance curb appeal and interior aesthetics
• Both Lighting — Upgrading lighting fixtures can improve the home's ambiance and energy efficiency
• Both Landscaping — Enhancing the landscaping can increase curb appeal and property value

Renovation cost estimate screening

Value-add ROI direction

• Both Painting — Fresh paint can enhance curb appeal and interior aesthetics ↑
• Both Lighting — Upgrading lighting fixtures can improve the home's ambiance and energy efficiency ↑
• Both Landscaping — Enhancing the landscaping can increase curb appeal and property value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: L'Anse Creuse Public Schools
• NCES district ID: 2621870
• Math proficiency: 31% ▼ -8.00%
• Reading proficiency: 51% ▼ -2.00%
• Median HH income: $57,757
• Composite: 35.99/100
• National rank: #4790
• State rank: #184 of 540 in MI

Livability — Chesterfield

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• City population: 40,302
• Population (ZIP): 17,716

Population outlook (Macomb County) Hauer SSP2

• Today (2025): 925,296 people
• By 2030: 948,226 · +2.5%
• By 2040: 983,961 · +6.3%
• By 2050: 1,010,200 · +9.2%
• By 2075: 1,076,222 · +16.3%
• By 2100: 1,077,065 · +16.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Black 8% Two or more races 7% Hispanic / Latino 5%
• Common ancestry: Romanian 18% Lithuanian 5% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 4% Other Indo-European 1%

Political lean MEDSL · Macomb

• 2024 margin: R (+13.7) · D 42.2% · R 55.9% · Other 1.9%
• 2008→2024 swing: -22.3pp toward R · 2008: 8.6pp · 2024: -13.7pp
• All cycles: 2024: R+13.7 2020: R+8.1 2016: R+11.6 2012: D+4.0 2008: D+8.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -98.06%
• Current HPI: 210.6017
• Rent YoY: —
• Metro: —
• 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

3 events — show timeline

• 2026-05-02 Relisted — Zillow
• 2026-04-12 Delisted — Zillow
• 2025-11-19 Listed $66,900 Zillow