11375 Grandmont Ave · Detroit, MI 48227

$100,000

3 bd · 1.0 ba · 953 sqft · SingleFamily public records · 227 Days on market

Built 1939 4,356 sqft lot $105/sqft · 73% above area

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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
• DSCR +10.0/10.0
• 1% rule +8.6/10.0
• ARV discount +7.5/15.0
• Rent growth +3.9/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 11375 Grandmont, nicely updated bungalow with modern day amenities: a living room with a natural fireplace; and useful dining room! The kitchen has been updated featuring a glass tile backsplash, range, refrigerator, and microwave oven! The brand-new bath is gorgeous with new ceramic tile floor, new ceramic tile tub surround, new tub, new commode, new sink/vanity, new plumbing and fixtures. Much of this home was torn down to the studs and redone. .. new drywall, new laminate flooring, new lighting-both fixtures, and recessed, new paint. The huge upper bedroom has new carpet and a large double closet. .. the perfect getaway from the rest of the house! The basement is wide open, providing over 700 square feet of storage or build out opportunity. There is a new garage door; circuit breakers; vinyl windows; glass block windows with vents; PEX plumbing; and steel entry doors. .. enjoy this move in ready home. This is your opportunity to enjoy the Grandale neighborhood! This home is biking distance to O'Shea Playground, Doan Playground and Stoepel Park. .. a fabulous home!" 24 Hour Notice to Show.

Key facts

• Natural fireplace
• New commode
• New tub

Tags

• NATURAL FIREPLACE
• GLASS TILE BACKSPLASH
• NEW CERAMIC TILE FLOOR
• NEW CERAMIC TILE TUB SURROUND
• NEW TUB
• NEW COMMODE

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $378 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $88k (12.0% 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 (+5.6%/yr); 385 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 45% of the median local income ($37k/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 $691 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 + 5.6% rent growth), your $28k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 227 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
• 15 sale attempts since 6y ago; this cycle's ask has dropped $10k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $62k; list at $100k implies a 60% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1939 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $88,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 227 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1939 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 1.36% ✓
• Cap rate: 10.83%
• Cash-on-cash: 16.20%
• DSCR: 1.72
• GRM: 6.1

CMA / ARV

• ARV (median comp): $65,534
• List price: $100,000
• Delta: 52.59%
• 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
11375 Grandmont Ave	0.00mi	3/1.0	1,083 (+14%)	0mo	$104,000	$96	77
12124 Asbury Park	0.39mi	3/1.5	919 (-4%)	2mo	$130,000	$141	72
12057 Forrer St	0.52mi	3/1.0	1,000 (+5%)	1mo	$45,000	$45	67
9909 Asbury Park	0.25mi	3/1.0	1,095 (+15%)	1mo	$95,000	$87	63
12203 Grandmont Ave	0.41mi	3/1.5	861 (-10%)	1mo	$95,000	$110	62
9580 Mansfield St	0.47mi	2/1.0 (-1)	890 (-7%)	0mo	$23,000	$26	62
9555 Montrose St	0.61mi	3/1.0	999 (+5%)	3mo	$45,000	$45	62
11658 Ashton Ave	0.43mi	3/1.0	1,080 (+13%)	0mo	$89,000	$82	58
12660 Grandmont Ave	0.67mi	3/1.0	1,019 (+7%)	1mo	$85,000	$83	56
12699 Woodmont Ave	0.71mi	3/1.0	1,054 (+11%)	1mo	$64,000	$61	48
11360 Prest St	0.70mi	3/1.0	842 (-12%)	3mo	$55,000	$65	45
12690 Asbury Park	0.71mi	3/2.0	826 (-13%)	2mo	$85,000	$103	39

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 · 5.59% rent growth · sell at horizon

5-year hold

• IRR: 10.1%
• Equity multiple: 1.41×
• Total profit: $11,538
• Equity at exit: $14,910

10-year hold

• IRR: 21.3%
• Equity multiple: 3.03×
• Total profit: $56,907
• Equity at exit: $8,646

Cash invested: $28,000 (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 48227

• Rents YoY: 5.6%
• Active inventory: 385
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,362 high
• Mortgage (P&I): −$524
• Tax from tax record: −$132 /mo · $1,583/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$286
• Net cashflow: $378

Break-even live

Break-even rent $884

Max offer price $100,000

Occupancy floor 67%

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 39 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9936 Montrose St Detroit, MI	3.0	1.0	963	$1,200	$1.25	17d	1	0.56mi
9973 Winthrop St Detroit, MI	3.0	1.0	960	$1,400	$1.46	44d	1	0.59mi
9345 Rutherford St Unit 3 Detroit, MI	2.0	1.0	850	$1,050	$1.24	24d	1	0.59mi
11741 Penrod St Detroit, MI	3.0	1.0	1124	$1,400	$1.25	17d	1	0.60mi
12121 Montrose St Detroit, MI	3.0	1.0	874	$1,373	$1.57	22d	1	0.62mi
11345 Greenfield Rd Detroit, MI	2.0	1.0	700	$1,050	$1.50	12d	1	0.62mi
11704 Greenview Ave Detroit, MI	4.0	1.0	1046	$1,300	$1.24	24d	1	0.68mi
11393 Prest St Detroit, MI	3.0	1.0	900	$1,550	$1.72	17d	1	0.68mi
18450 W Chicago Detroit, MI	1.0–2.0	1.0	687	$1,117	$1.62	2d	15	0.70mi
12711 Grandmont Ave Detroit, MI	3.0	1.0	1000	$1,400	$1.40	18d	1	0.72mi
9108 Archdale St Detroit, MI	3.0	1.0	1000	$1,300	$1.30	5d	1	0.72mi
11397 Whitcomb St Detroit, MI	3.0	1.0	1070	$1,400	$1.31	17d	1	0.74mi
9222 Forrer St Detroit, MI	3.0	1.0	947	$1,450	$1.53	17d	1	0.74mi
12840 Grandmont Ave Detroit, MI	3.0	1.0	1100	$1,200	$1.09	44d	1	0.82mi
9917 Sussex St Detroit, MI	2.0	1.0	800	$1,375	$1.72	44d	1	0.82mi
11634 Sussex St Detroit, MI	3.0	1.0	1091	$1,326	$1.22	24d	1	0.83mi
9546 Sussex St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	44d	1	0.89mi
10015 Robson St Detroit, MI	3.0	2.0	1000	$1,400	$1.40	18d	1	0.91mi
8850 Rosemont Ave Detroit, MI	3.0	1.0	933	$1,100	$1.18	18d	1	0.96mi
9386 Coyle St Detroit, MI	3.0	1.0	1000	$1,300	$1.30	2d	1	0.99mi
12944 Rosemont Ave Detroit, MI	2.0	1.0	800	$1,050	$1.31	5d	1	1.02mi
9090 Stahelin Ave Detroit, MI	2.0	1.0	787	$1,250	$1.59	44d	1	1.03mi
12875 Faust Ave Detroit, MI	2.0	1.0	735	$1,200	$1.63	5d	1	1.05mi
12039 Lauder St Detroit, MI	3.0	1.5	1000	$1,500	$1.50	24d	1	1.06mi
12941 Penrod St Detroit, MI	2.0	1.0	1000	$1,275	$1.27	44d	1	1.06mi
13600 Southfield Fwy Detroit, MI	2.0	1.0	848	$1,100	$1.30	5d	1	1.09mi
14740 W Chicago Unit B Detroit, MI	2.0	1.0	900	$845	$0.94	44d	1	1.11mi
9590 Marlowe St Detroit, MI	2.0	1.0	877	$1,430	$1.63	44d	1	1.14mi
12950 Glastonbury Ave Detroit, MI	3.0	1.0	1000	$1,400	$1.40	24d	1	1.16mi
8451 Rosemont Ave Detroit, MI	3.0	1.0	867	$1,150	$1.33	44d	1	1.19mi
13591 Faust Ave Detroit, MI	2.0	1.0	1000	$1,275	$1.27	44d	1	1.20mi
19449 W Chicago St Detroit, MI	3.0	1.5	950	$1,500	$1.58	44d	1	1.22mi
13514 Stahelin Ave Detroit, MI	3.0	1.0	1000	$1,400	$1.40	18d	1	1.23mi
8604 Whitcomb St Detroit, MI	3.0	2.0	1033	$1,300	$1.26	44d	1	1.23mi
8262 Rosemont Ave Detroit, MI	3.0	1.0	836	$1,200	$1.44	5d	1	1.29mi
19050 W Davison St Detroit, MI	3.0	1.0	1118	$1,400	$1.25	44d	1	1.31mi
12754 Marlowe St Detroit, MI	3.0	2.0	1008	$1,400	$1.39	17d	1	1.33mi
19301 Joy Rd Apt 1 Detroit, MI	2.0	1.0	750	$1,100	$1.47	44d	1	1.39mi
12084 Vaughan St Detroit, MI	3.0	1.0	1000	$1,200	$1.20	17d	1	1.43mi

Listing history 42 events

1. 2026-05-08
   historical Active Under Contract 1124-char remark

   Show marketing remark (1124 chars)

   Welcome to 11375 Grandmont, nicely updated bungalow with modern day amenities: a living room with a natural fireplace; and useful dining room! The kitchen has been updated featuring a glass tile backsplash, range, refrigerator, and microwave oven! The brand-new bath is gorgeous with new ceramic tile floor, new ceramic tile tub surround, new tub, new commode, new sink/vanity, new plumbing and fixtures. Much of this home was torn down to the studs and redone. .. new drywall, new laminate flooring, new lighting-both fixtures, and recessed, new paint. The huge upper bedroom has new carpet and a large double closet. .. the perfect getaway from the rest of the house! The basement is wide open, providing over 700 square feet of storage or build out opportunity. There is a new garage door; circuit breakers; vinyl windows; glass block windows with vents; PEX plumbing; and steel entry doors. .. enjoy this move in ready home. This is your opportunity to enjoy the Grandale neighborhood! This home is biking distance to O'Shea Playground, Doan Playground and Stoepel Park. .. a fabulous home!" 24 Hour Notice to Show.

2. 2026-05-08
   historical Accepting Backup Offers 1124-char remark

   Show marketing remark (1124 chars)

   Welcome to 11375 Grandmont, nicely updated bungalow with modern day amenities: a living room with a natural fireplace; and useful dining room! The kitchen has been updated featuring a glass tile backsplash, range, refrigerator, and microwave oven! The brand-new bath is gorgeous with new ceramic tile floor, new ceramic tile tub surround, new tub, new commode, new sink/vanity, new plumbing and fixtures. Much of this home was torn down to the studs and redone. .. new drywall, new laminate flooring, new lighting-both fixtures, and recessed, new paint. The huge upper bedroom has new carpet and a large double closet. .. the perfect getaway from the rest of the house! The basement is wide open, providing over 700 square feet of storage or build out opportunity. There is a new garage door; circuit breakers; vinyl windows; glass block windows with vents; PEX plumbing; and steel entry doors. .. enjoy this move in ready home. This is your opportunity to enjoy the Grandale neighborhood! This home is biking distance to O'Shea Playground, Doan Playground and Stoepel Park. .. a fabulous home!" 24 Hour Notice to Show.

3. 2025-12-17
   price $100,000 1124-char remark

   Show marketing remark (1124 chars)

   Welcome to 11375 Grandmont, nicely updated bungalow with modern day amenities: a living room with a natural fireplace; and useful dining room! The kitchen has been updated featuring a glass tile backsplash, range, refrigerator, and microwave oven! The brand-new bath is gorgeous with new ceramic tile floor, new ceramic tile tub surround, new tub, new commode, new sink/vanity, new plumbing and fixtures. Much of this home was torn down to the studs and redone. .. new drywall, new laminate flooring, new lighting-both fixtures, and recessed, new paint. The huge upper bedroom has new carpet and a large double closet. .. the perfect getaway from the rest of the house! The basement is wide open, providing over 700 square feet of storage or build out opportunity. There is a new garage door; circuit breakers; vinyl windows; glass block windows with vents; PEX plumbing; and steel entry doors. .. enjoy this move in ready home. This is your opportunity to enjoy the Grandale neighborhood! This home is biking distance to O'Shea Playground, Doan Playground and Stoepel Park. .. a fabulous home!" 24 Hour Notice to Show.

4. 2025-12-16
   price $100,000 1124-char remark

   Show marketing remark (1124 chars)

   Welcome to 11375 Grandmont, nicely updated bungalow with modern day amenities: a living room with a natural fireplace; and useful dining room! The kitchen has been updated featuring a glass tile backsplash, range, refrigerator, and microwave oven! The brand-new bath is gorgeous with new ceramic tile floor, new ceramic tile tub surround, new tub, new commode, new sink/vanity, new plumbing and fixtures. Much of this home was torn down to the studs and redone. .. new drywall, new laminate flooring, new lighting-both fixtures, and recessed, new paint. The huge upper bedroom has new carpet and a large double closet. .. the perfect getaway from the rest of the house! The basement is wide open, providing over 700 square feet of storage or build out opportunity. There is a new garage door; circuit breakers; vinyl windows; glass block windows with vents; PEX plumbing; and steel entry doors. .. enjoy this move in ready home. This is your opportunity to enjoy the Grandale neighborhood! This home is biking distance to O'Shea Playground, Doan Playground and Stoepel Park. .. a fabulous home!" 24 Hour Notice to Show.

5. 2025-10-14
   listed $110,000 Active 1124-char remark

   Show marketing remark (1124 chars)

   Welcome to 11375 Grandmont, nicely updated bungalow with modern day amenities: a living room with a natural fireplace; and useful dining room! The kitchen has been updated featuring a glass tile backsplash, range, refrigerator, and microwave oven! The brand-new bath is gorgeous with new ceramic tile floor, new ceramic tile tub surround, new tub, new commode, new sink/vanity, new plumbing and fixtures. Much of this home was torn down to the studs and redone. .. new drywall, new laminate flooring, new lighting-both fixtures, and recessed, new paint. The huge upper bedroom has new carpet and a large double closet. .. the perfect getaway from the rest of the house! The basement is wide open, providing over 700 square feet of storage or build out opportunity. There is a new garage door; circuit breakers; vinyl windows; glass block windows with vents; PEX plumbing; and steel entry doors. .. enjoy this move in ready home. This is your opportunity to enjoy the Grandale neighborhood! This home is biking distance to O'Shea Playground, Doan Playground and Stoepel Park. .. a fabulous home!" 24 Hour Notice to Show.

6. 2025-10-14
   listed $110,000 Active 1124-char remark

   Show marketing remark (1124 chars)

   Welcome to 11375 Grandmont, nicely updated bungalow with modern day amenities: a living room with a natural fireplace; and useful dining room! The kitchen has been updated featuring a glass tile backsplash, range, refrigerator, and microwave oven! The brand-new bath is gorgeous with new ceramic tile floor, new ceramic tile tub surround, new tub, new commode, new sink/vanity, new plumbing and fixtures. Much of this home was torn down to the studs and redone. .. new drywall, new laminate flooring, new lighting-both fixtures, and recessed, new paint. The huge upper bedroom has new carpet and a large double closet. .. the perfect getaway from the rest of the house! The basement is wide open, providing over 700 square feet of storage or build out opportunity. There is a new garage door; circuit breakers; vinyl windows; glass block windows with vents; PEX plumbing; and steel entry doors. .. enjoy this move in ready home. This is your opportunity to enjoy the Grandale neighborhood! This home is biking distance to O'Shea Playground, Doan Playground and Stoepel Park. .. a fabulous home!" 24 Hour Notice to Show.

7. 2025-10-14
   historical

   Show marketing remark (1124 chars)

   Welcome to 11375 Grandmont, nicely updated bungalow with modern day amenities: a living room with a natural fireplace; and useful dining room! The kitchen has been updated featuring a glass tile backsplash, range, refrigerator, and microwave oven! The brand-new bath is gorgeous with new ceramic tile floor, new ceramic tile tub surround, new tub, new commode, new sink/vanity, new plumbing and fixtures. Much of this home was torn down to the studs and redone. .. new drywall, new laminate flooring, new lighting-both fixtures, and recessed, new paint. The huge upper bedroom has new carpet and a large double closet. .. the perfect getaway from the rest of the house! The basement is wide open, providing over 700 square feet of storage or build out opportunity. There is a new garage door; circuit breakers; vinyl windows; glass block windows with vents; PEX plumbing; and steel entry doors. .. enjoy this move in ready home. This is your opportunity to enjoy the Grandale neighborhood! This home is biking distance to O'Shea Playground, Doan Playground and Stoepel Park. .. a fabulous home!" 24 Hour Notice to Show.

8. 2025-10-14
   historical

   Show marketing remark (1124 chars)

   Welcome to 11375 Grandmont, nicely updated bungalow with modern day amenities: a living room with a natural fireplace; and useful dining room! The kitchen has been updated featuring a glass tile backsplash, range, refrigerator, and microwave oven! The brand-new bath is gorgeous with new ceramic tile floor, new ceramic tile tub surround, new tub, new commode, new sink/vanity, new plumbing and fixtures. Much of this home was torn down to the studs and redone. .. new drywall, new laminate flooring, new lighting-both fixtures, and recessed, new paint. The huge upper bedroom has new carpet and a large double closet. .. the perfect getaway from the rest of the house! The basement is wide open, providing over 700 square feet of storage or build out opportunity. There is a new garage door; circuit breakers; vinyl windows; glass block windows with vents; PEX plumbing; and steel entry doors. .. enjoy this move in ready home. This is your opportunity to enjoy the Grandale neighborhood! This home is biking distance to O'Shea Playground, Doan Playground and Stoepel Park. .. a fabulous home!" 24 Hour Notice to Show.

9. 2025-09-27
   price $117,500
10. 2025-09-26
    price $117,500
11. 2025-09-15
    price $119,950
12. 2025-09-15
    price $119,950
13. 2025-09-08
    listed $120,000 Active
14. 2025-09-08
    listed $120,000 Active
15. 2025-09-03
    historical
16. 2025-07-19
    status Active
17. 2025-07-19
    status Back on Market
18. 2025-06-03
    status Pending
19. 2025-06-03
    status Pending
20. 2025-05-01
    listed $129,900 Active
21. 2025-05-01
    listed $129,900 Active
22. 2025-04-23
    historical
23. 2025-03-18
    listed $129,900 Active
24. 2025-03-18
    listed $129,900 Active
25. 2024-02-16
    historical
26. 2024-02-15
    historical
27. 2024-02-03
    price $61,000
28. 2024-02-02
    price $61,000
29. 2023-12-13
    price $62,500
30. 2023-12-13
    price $62,500
31. 2023-11-02
    listed $64,000 Active
32. 2023-11-02
    listed $64,000 Active
33. 2021-03-30
    soldstatus $62,500
34. 2021-01-20
    soldstatus $30,000 Sold
35. 2021-01-20
    soldstatus $30,000 Closed
36. 2021-01-19
    historical
37. 2020-12-19
    status Pending
38. 2020-12-19
    status Pending
39. 2020-12-18
    status Active
40. 2020-12-09
    historical
41. 2020-12-04
    listed $25,000 Active
42. 2020-12-04
    listed $25,000 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: $1,583 · $132/mo
• Projected year-2 tax: $1,583 · $132/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥98°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: $16,344
• − Mortgage interest: −$5,602
• − Property taxes: −$1,583
• − Insurance: −$500
• − Repairs & maintenance: −$1,308
• − Management: −$1,308
• − Depreciation: −$2,909
• Taxable income: $3,136
• Est. tax owed @ 24.0%: −$753
• After-tax cash flow: $3,784/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): 40,302
• Household income: $36,527
• Rent vs Own: 40.9% rent · 59.1% own
• Severe rent burden: 2371.0

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 (95%)
• Race & ethnicity: Black 95% Two or more races 3% White 1%
• Foreign-born: 1%
• Languages at home: 98% English-only · Spanish 1% 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: ▼ -125.00%
• Current HPI: 186.4158
• Rent YoY: ▲ 5.59%
• 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

+300.0% since first listed

42 events — show timeline

• 2026-05-08 Contingent — REALCOMP
• 2026-05-08 Contingent — MiRealSource-MiMLS
• 2025-12-17 Price Changed $100,000 MiRealSource-MiMLS
• 2025-12-16 Price Changed $100,000 REALCOMP
• 2025-10-14 Listing Removed — MiRealSource-MiMLS
• 2025-10-14 Listing Removed — REALCOMP
• 2025-10-14 Listed $110,000 MiRealSource-MiMLS
• 2025-10-14 Listed $110,000 REALCOMP
• 2025-09-27 Price Changed $117,500 MiRealSource-MiMLS
• 2025-09-26 Price Changed $117,500 REALCOMP
• 2025-09-15 Price Changed $119,950 MiRealSource-MiMLS
• 2025-09-15 Price Changed $119,950 REALCOMP
• 2025-09-08 Listed $120,000 REALCOMP
• 2025-09-08 Listed $120,000 MiRealSource-MiMLS
• 2025-09-03 Listing Removed — MiRealSource-MiMLS
• 2025-07-19 Relisted — REALCOMP
• 2025-07-19 Relisted — MiRealSource-MiMLS
• 2025-06-03 Pending — REALCOMP
• 2025-06-03 Pending — MiRealSource-MiMLS
• 2025-05-01 Listed $129,900 REALCOMP
• 2025-05-01 Listed $129,900 MiRealSource-MiMLS
• 2025-04-23 Listing Removed — MiRealSource-MiMLS
• 2025-03-18 Listed $129,900 MiRealSource-MiMLS
• 2025-03-18 Listed $129,900 REALCOMP
• 2024-02-16 Listing Removed — MiRealSource-MiMLS
• 2024-02-15 Listing Removed — REALCOMP
• 2024-02-03 Price Changed $61,000 MiRealSource-MiMLS
• 2024-02-02 Price Changed $61,000 REALCOMP
• 2023-12-13 Price Changed $62,500 MiRealSource-MiMLS
• 2023-12-13 Price Changed $62,500 REALCOMP
• 2023-11-02 Listed $64,000 MiRealSource-MiMLS
• 2023-11-02 Listed $64,000 REALCOMP
• 2021-03-30 Sold (Public Records) $62,500 Public Records
• 2021-01-20 Sold (MLS) $30,000 MiRealSource-MiMLS
• 2021-01-20 Sold (MLS) $30,000 REALCOMP
• 2021-01-19 Listing Removed — REALCOMP
• 2020-12-19 Pending — MiRealSource-MiMLS
• 2020-12-19 Pending — REALCOMP
• 2020-12-18 Relisted — REALCOMP
• 2020-12-09 Listing Removed — REALCOMP
• 2020-12-04 Listed $25,000 MiRealSource-MiMLS
• 2020-12-04 Listed $25,000 REALCOMP

Property tax history

+1.7%/yr

Latest (2025): $1,583 · -54.1% YoY. Source: county tax records.