17420 Annchester Rd · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F 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).
- ARV discount +13.4/15.0
- Cash flow +6.5/30.0
- Rent growth +4.5/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- 1% rule +2.3/10.0
- Schools +1.3/10.0
- DSCR +0.8/10.0
- Appreciation +0.0/10.0
$165,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Nestled in a bright neighborhood the enchanting brick bungalow exudes character and charm at every turn with 2 bedrooms with a possibilities of a 3rd or 4th bedroom as well. Bathed in natural light, its warm and inviting interior showcases timeless elegance. A wonderful standout feature is the bonus bar/ theater room offering a private retreat for relaxation or hobbies. Ready to be cherished, this home is a harmonious blend of classic appeal and modern comfort, come take a look today!!!
Key facts
- 6,534 sq ft lot
- Garage
- Built 1938
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $165k.
Deal economics
- At list price, monthly cash flow is $-281 ($-3k/yr) — negative.
- To cash-flow at today's rent, offer at most $115k (30.0% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $121k (26.6% below list).
- Recommended offer: $115k (30.0% below list) — sets the bar for cash-flow.
- Cap rate 4.3% vs local median 10.0% in Detroit — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
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: 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.
- Zoned schools: Emerson Elementarymiddle School (519 students, 90% FRL); Henry Ford High School (math 24% / reading 24%, grade F, #481 of 713 statewide, top 81%, 712 students, 86% FRL) — zoned schools at 88% FRL track the district average.
- Market conditions: Rents rising fast (+8.0%/yr); 309 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
- This rent runs 33% of the median local income ($44k/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 $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 74 days — a 6% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 4y 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 $138k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1938 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 74 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
- Built in 1938 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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.
- 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.
- 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
- 0.73% ✗
- Cap rate
- 4.25%
- Cash-on-cash
- -7.29%
- DSCR
- 0.68
- GRM
- 11.3
CMA / ARV
- ARV (median comp)
- $189,765
- List price
- $165,000
- Delta
- -13.05%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 17511 Westmoreland Rd | 0.09mi | 3/2.0 (+1) | 939 (-5%) | 1mo | $100,000 | $106 | 78 |
| 18431 Edinborough Rd | 0.40mi | 3/1.0 (+1) | 1,000 (+2%) | 4mo | $95,000 | $95 | 70 |
| 17694 Shaftsbury Ave | 0.29mi | 2/1.5 | 1,058 (+7%) | 4mo | $90,000 | $85 | 69 |
| 18555 Edinborough Rd | 0.52mi | 3/1.0 (+1) | 950 (-4%) | 2mo | $70,000 | $74 | 63 |
| 18452 Shaftsbury Ave | 0.49mi | 3/1.0 (+1) | 927 (-6%) | 4mo | $55,000 | $59 | 60 |
| 18631 Margareta St | 0.67mi | 3/1.0 (+1) | 950 (-4%) | 0mo | $62,000 | $65 | 57 |
| 18418 Heyden St | 0.47mi | 2/1.0 | 865 (-12%) | 3mo | $17,000 | $20 | 55 |
| 19352 Margareta St | 0.55mi | 3/1.0 (+1) | 1,060 (+8%) | 3mo | $105,000 | $99 | 54 |
| 16550 Stahelin Ave | 0.74mi | 2/1.0 | 923 (-6%) | 2mo | $115,000 | $125 | 53 |
| 18801 Margareta St | 0.65mi | 3/1.0 (+1) | 1,045 (+6%) | 3mo | $60,000 | $57 | 52 |
| 18424 Fielding St | 0.60mi | 3/1.0 (+1) | 1,100 (+12%) | 3mo | $40,000 | $36 | 45 |
| 18498 Heyden ST St | 0.54mi | 3/1.0 (+1) | 842 (-14%) | 4mo | $9,000 | $11 | 42 |
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 · 8.0% rent growth · sell at horizon
- IRR
- -23.0%
- Equity multiple
- 0.17×
- Total profit
- $-38,126
- Equity at exit
- $24,602
- IRR
- -7.5%
- Equity multiple
- 0.42×
- Total profit
- $-26,748
- Equity at exit
- $14,266
Cash invested: $46,200 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 62 Landlord-Friendly
- State Michigan
- 62 Landlord-Friendly · EVEN
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 48219
- Home prices YoY
- -10.3%
- Rents YoY
- 8.0%
- Active inventory
- 309
- Price-to-rent
- 11.3×
Monthly cashflow live
- Estimated rent
- $1,212 high interval (Pro) →
- Mortgage (P&I)
- −$865
- Tax from tax record
- −$304 /mo · $3,645/yr
- Insurance
- −$69
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$254
- Net cashflow
- $-281
Break-even live
Sensitivity live
| Price | -10% $-187 | -5% $-234 | +0% $-281 | +5% $-327 | +10% $-374 |
|---|---|---|---|---|---|
| Rent | -10% $-376 | -5% $-328 | +0% $-281 | +5% $-233 | +10% $-185 |
| Rate | -1.0pp $-197 | -0.5pp $-239 | base $-281 | +0.5pp $-323 | +1.0pp $-367 |
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
- $41,250
- Closing costs
- $4,950
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 18134 Vaughan St Detroit, MI | 3.0 | 1.0 | 1060 | $1,150 | $1.08 | 18d | 1 | 0.31mi |
| 17654 Sunderland Rd Detroit, MI | 3.0 | 1.0 | 1100 | $1,500 | $1.36 | 45d | 1 | 0.40mi |
| 18191 Heyden St Detroit, MI | 2.0 | 1.0 | 917 | $1,100 | $1.20 | 26d | 1 | 0.40mi |
| 18450 Edinborough Rd Detroit, MI | 3.0 | 1.0 | 1000 | $1,500 | $1.50 | 45d | 1 | 0.44mi |
| 18205 Stout St Detroit, MI | 3.0 | 1.0 | 901 | $1,078 | $1.20 | 26d | 1 | 0.50mi |
| 18452 Shaftsbury Ave Detroit, MI | 3.0 | 1.0 | 927 | $1,500 | $1.62 | 18d | 1 | 0.51mi |
| 18461 Heyden St Detroit, MI | 2.0 | 1.0 | 1000 | $1,050 | $1.05 | 6d | 1 | 0.53mi |
| 18274 Fielding St Detroit, MI | 2.0 | 1.0 | 700 | $1,200 | $1.71 | 18d | 1 | 0.56mi |
| 18556 Kentfield St Detroit, MI | 3.0 | 1.0 | 952 | $1,250 | $1.31 | 4d | 1 | 0.62mi |
| 18659 Shaftsbury Ave Detroit, MI | 3.0 | 1.0 | 763 | $1,323 | $1.73 | 0d | 1 | 0.62mi |
| 18699 Shaftsbury Ave Detroit, MI | 2.0 | 1.0 | 800 | $1,000 | $1.25 | 45d | 1 | 0.66mi |
| 16194 Fielding St Unit 2 Detroit, MI | 2.0 | 1.0 | 750 | $950 | $1.27 | 16d | 1 | 0.78mi |
| 19176 Grandville Ave Detroit, MI | 3.0 | 1.0 | 941 | $1,300 | $1.38 | 6d | 1 | 0.84mi |
| 18437 Trinity St Detroit, MI | 3.0 | 1.0 | 875 | $1,364 | $1.56 | 16d | 1 | 0.86mi |
| 16717 Trinity St Detroit, MI | 3.0 | 1.5 | 1101 | $1,250 | $1.14 | 45d | 1 | 0.87mi |
| 17274 Bentler St Detroit, MI | 2.0 | 1.0 | 700 | $838 | $1.20 | 26d | 2 | 0.90mi |
| 17274 Bentler St Detroit, MI | 2.0 | 1.0 | 700 | $850 | $1.21 | 45d | 2 | 0.90mi |
| 17274 Bentler St #46 Detroit, MI | 2.0 | 1.0 | 700 | $850 | $1.21 | 18d | 1 | 0.91mi |
| 17270 Bentler St Detroit, MI | 2.0 | 1.0 | 650 | $850 | $1.31 | 45d | 1 | 0.91mi |
| 18494 Ashton Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,600 | $1.60 | 18d | 1 | 0.91mi |
| 18025 Bentler St Detroit, MI | 3.0 | 1.0 | 728 | $1,250 | $1.72 | 26d | 1 | 0.95mi |
| 21440 Bennett St Detroit, MI | 3.0 | 1.0 | 1037 | $1,394 | $1.34 | 18d | 1 | 0.97mi |
| 19329 Stahelin Ave Unit 1 Detroit, MI | 3.0 | 1.5 | 833 | $1,250 | $1.50 | 45d | 1 | 0.98mi |
| 19372 Grandville Ave Detroit, MI | 2.0 | 1.5 | 733 | $1,025 | $1.40 | 0d | 1 | 0.99mi |
| 15712 Evergreen Rd Detroit, MI | 2.0 | 1.0 | 850 | $1,050 | $1.24 | 45d | 1 | 1.00mi |
| 21451 Glenco St Detroit, MI | 3.0 | 1.0 | 1026 | $1,400 | $1.36 | 18d | 1 | 1.00mi |
| 21434 Karl St Detroit, MI | 2.0 | 1.0 | 1000 | $1,350 | $1.35 | 45d | 1 | 1.02mi |
| 21455 Pickford St Detroit, MI | 2.0 | 1.0 | 1000 | $1,275 | $1.27 | 45d | 1 | 1.05mi |
| 15519 Plainview Ave Detroit, MI | 3.0 | 1.0 | 900 | $1,396 | $1.55 | 18d | 1 | 1.05mi |
| 19457 Evergreen Rd Detroit, MI | 2.0 | 1.0 | 1100 | $1,200 | $1.09 | 45d | 1 | 1.06mi |
| 18276 Oakfield St Detroit, MI | 2.0 | 1.0 | 726 | $1,175 | $1.62 | 45d | 1 | 1.10mi |
| 19445 Avon Ave Detroit, MI | 3.0 | 1.0 | 1023 | $1,550 | $1.52 | 45d | 1 | 1.13mi |
| 17644 Lahser Rd Unit 7 Detroit, MI | 1.0 | 1.0 | 600 | $995 | $1.66 | 26d | 1 | 1.16mi |
| 16854 Lahser Rd Detroit, MI | 1.0 | 1.0 | 680 | $885 | $1.30 | 14d | 1 | 1.19mi |
| 18350 Lahser Rd Detroit, MI | 1.0 | 1.0 | 600 | $950 | $1.58 | 45d | 1 | 1.20mi |
| 18400 Lahser Rd Detroit, MI | 1.0 | 1.0 | 620 | $950 | $1.53 | 26d | 1 | 1.21mi |
| 16885 Lahser Rd Apt 3A Detroit, MI | 1.0 | 1.0 | 700 | $750 | $1.07 | 45d | 1 | 1.21mi |
| 16885 Lahser Rd Unit 1A Detroit, MI | 1.0 | 1.0 | 650 | $750 | $1.15 | 6d | 1 | 1.21mi |
| 18045 Lahser Rd Detroit, MI | 1.0 | 1.0 | 670 | $960 | $1.43 | 6d | 2 | 1.21mi |
| 18450 Lahser Rd Apt 1 Detroit, MI | 1.0 | 1.0 | 650 | $820 | $1.26 | 6d | 1 | 1.23mi |
Listing history 36 events
-
2026-06-21days on market $165,000 Active 74 DOM
-
2026-06-18days on market $165,000 Active 71 DOM
-
2026-06-17days on market $165,000 Active 70 DOM
-
2026-06-15days on market $165,000 Active 68 DOM
-
2026-06-13days on market $165,000 Active 66 DOM
-
2026-06-13days on market $165,000 Active 65 DOM
-
2026-06-09days on market $165,000 Active 62 DOM
-
2026-06-08days on market $165,000 Active 61 DOM
-
2026-06-07days on market $165,000 Active 60 DOM
-
2026-06-04days on market $165,000 Active 57 DOM
-
2026-06-03days on market $165,000 Active 56 DOM
-
2026-06-02days on market $165,000 Active 55 DOM
-
2026-06-01days on market $165,000 Active 54 DOM
-
2026-05-31days on market $165,000 Active 53 DOM
-
2026-05-06price $165,000 491-char remark
Show marketing remark (491 chars)
Nestled in a bright neighborhood the enchanting brick bungalow exudes character and charm at every turn with 2 bedrooms with a possibilities of a 3rd or 4th bedroom as well. Bathed in natural light, its warm and inviting interior showcases timeless elegance. A wonderful standout feature is the bonus bar/ theater room offering a private retreat for relaxation or hobbies. Ready to be cherished, this home is a harmonious blend of classic appeal and modern comfort, come take a look today!!!
-
2026-05-05price $165,000 491-char remark
Show marketing remark (491 chars)
Nestled in a bright neighborhood the enchanting brick bungalow exudes character and charm at every turn with 2 bedrooms with a possibilities of a 3rd or 4th bedroom as well. Bathed in natural light, its warm and inviting interior showcases timeless elegance. A wonderful standout feature is the bonus bar/ theater room offering a private retreat for relaxation or hobbies. Ready to be cherished, this home is a harmonious blend of classic appeal and modern comfort, come take a look today!!!
-
2026-04-22price $169,000 491-char remark
Show marketing remark (491 chars)
Nestled in a bright neighborhood the enchanting brick bungalow exudes character and charm at every turn with 2 bedrooms with a possibilities of a 3rd or 4th bedroom as well. Bathed in natural light, its warm and inviting interior showcases timeless elegance. A wonderful standout feature is the bonus bar/ theater room offering a private retreat for relaxation or hobbies. Ready to be cherished, this home is a harmonious blend of classic appeal and modern comfort, come take a look today!!!
-
2026-04-22price $169,000 491-char remark
Show marketing remark (491 chars)
Nestled in a bright neighborhood the enchanting brick bungalow exudes character and charm at every turn with 2 bedrooms with a possibilities of a 3rd or 4th bedroom as well. Bathed in natural light, its warm and inviting interior showcases timeless elegance. A wonderful standout feature is the bonus bar/ theater room offering a private retreat for relaxation or hobbies. Ready to be cherished, this home is a harmonious blend of classic appeal and modern comfort, come take a look today!!!
-
2026-04-09$175,000 Active 491-char remark
Show marketing remark (491 chars)
Nestled in a bright neighborhood the enchanting brick bungalow exudes character and charm at every turn with 2 bedrooms with a possibilities of a 3rd or 4th bedroom as well. Bathed in natural light, its warm and inviting interior showcases timeless elegance. A wonderful standout feature is the bonus bar/ theater room offering a private retreat for relaxation or hobbies. Ready to be cherished, this home is a harmonious blend of classic appeal and modern comfort, come take a look today!!!
-
2026-04-09$175,000 Active 491-char remark
Show marketing remark (491 chars)
Nestled in a bright neighborhood the enchanting brick bungalow exudes character and charm at every turn with 2 bedrooms with a possibilities of a 3rd or 4th bedroom as well. Bathed in natural light, its warm and inviting interior showcases timeless elegance. A wonderful standout feature is the bonus bar/ theater room offering a private retreat for relaxation or hobbies. Ready to be cherished, this home is a harmonious blend of classic appeal and modern comfort, come take a look today!!!
-
2026-04-08historical $175,000 491-char remark
Show marketing remark (491 chars)
Nestled in a bright neighborhood the enchanting brick bungalow exudes character and charm at every turn with 2 bedrooms with a possibilities of a 3rd or 4th bedroom as well. Bathed in natural light, its warm and inviting interior showcases timeless elegance. A wonderful standout feature is the bonus bar/ theater room offering a private retreat for relaxation or hobbies. Ready to be cherished, this home is a harmonious blend of classic appeal and modern comfort, come take a look today!!!
-
2024-10-21soldstatus $138,000
-
2024-10-16soldstatus $138,000 Sold
-
2024-10-16soldstatus $138,000 Closed
-
2024-10-14status Pending
-
2024-10-14status Pending
-
2024-09-06historical Accepting Backup Offers
-
2024-09-06historical Accepting Backup Offers
-
2024-09-03$130,000 Active
-
2024-09-03$130,000 Active
-
2022-09-12soldstatus $95,000 Sold
-
2022-09-12soldstatus $95,000 Closed
-
2022-06-20status Pending
-
2022-06-20status Pending
-
2022-06-14$89,900 Active
-
2022-06-14$89,900 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
- $3,645 · $304/mo
- Projected year-2 tax
- $3,645 · $304/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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $14,540
- − Mortgage interest
- −$9,243
- − Property taxes
- −$3,645
- − Insurance
- −$825
- − Repairs & maintenance
- −$1,163
- − Management
- −$1,163
- − Depreciation
- −$4,800
- Taxable loss
- −$6,299
- Est. tax savings @ 24.0%
- +$1,512
- After-tax cash flow
- $-1,855/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
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)
- 47,208
- Household income
- $43,655
- Rent vs Own
- Severe rent burden
- 3584.0
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 (88%)
- Race & ethnicity
- Black 88% White 5% Two or more races 4% Hispanic / Latino 1%
- Common ancestry
- Romanian 1% Lithuanian 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 96% 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
- ▼ -65.06%
- Current HPI
- 563.3263
- Rent YoY
- ▲ 8.04%
- 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 |
|
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Price history
+83.5% since first listed22 events — show timeline
- 2026-05-06 Price Changed $165,000 MiRealSource-MiMLS
- 2026-05-05 Price Changed $165,000 REALCOMP
- 2026-04-22 Price Changed $169,000 MiRealSource-MiMLS
- 2026-04-22 Price Changed $169,000 REALCOMP
- 2026-04-09 Listed $175,000 MiRealSource-MiMLS
- 2026-04-09 Listed $175,000 REALCOMP
- 2026-04-08 Coming Soon $175,000 MiRealSource-MiMLS
- 2024-10-21 Sold (Public Records) $138,000 Public Records
- 2024-10-16 Sold (MLS) $138,000 MiRealSource-MiMLS
- 2024-10-16 Sold (MLS) $138,000 REALCOMP
- 2024-10-14 Pending — MiRealSource-MiMLS
- 2024-10-14 Pending — REALCOMP
- 2024-09-06 Contingent — MiRealSource-MiMLS
- 2024-09-06 Contingent — REALCOMP
- 2024-09-03 Listed $130,000 MiRealSource-MiMLS
- 2024-09-03 Listed $130,000 REALCOMP
- 2022-09-12 Sold (MLS) $95,000 MiRealSource-MiMLS
- 2022-09-12 Sold (MLS) $95,000 REALCOMP
- 2022-06-20 Pending — MiRealSource-MiMLS
- 2022-06-20 Pending — REALCOMP
- 2022-06-14 Listed $89,900 MiRealSource-MiMLS
- 2022-06-14 Listed $89,900 REALCOMP
Property tax history
+9.3%/yrLatest (2025): $3,645 · +15.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…