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18988 Algonac St
C+ Composite 60.86
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 +30.0/30.0
  • DSCR +10.0/10.0
  • 1% rule +9.2/10.0
  • Rent growth +4.2/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$95,000

18988 Algonac St · Detroit, MI 48234
3 bd · 1.0 ba · 1,040 sqft · SingleFamily public records · 44 Days on market
Built 1952 3,920 sqft lot $91/sqft · 36% above area Est $70k · 36% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

WELCOME TO 18988 ALGONAC - A TURNKEY SECTION 8 INVESTMENT OPPORTUNITY LOCATED ON DETROIT'S EAST SIDE. THIS 3-BEDROOM, 1-BATHROOM HOME IS CURRENTLY LEASED TO A SECTION 8 TENANT AT $1,200 PER MONTH WITH A FRESH LEASE IN PLACE, PROVIDING IMMEDIATE CASH FLOW FROM DAY ONE. THE PROPERTY WAS FRESHLY RENOVATED IN 2026 AND OFFERS A LOW-MAINTENANCE INVESTMENT SETUP WITH THE TENANT RESPONSIBLE FOR ALL UTILITIES AND LAWN MAINTENANCE. STRONG RENTAL PERFORMANCE, RELIABLE GOVERNMENT-BACKED INCOME, AND A SOLID TENANT PLACEMENT MAKE THIS PROPERTY AN EXCELLENT ADDITION TO ANY INVESTOR'S PORTFOLIO. PROPERTY MAY BE PURCHASED INDIVIDUALLY OR AS A PACKAGE WITH 3423 BUCKINGHAM, WHICH IS CURRENTLY GENERATING $1,000 IN MONTHLY RENT. NO SHOWINGS WITHOUT AN ACCEPTED FULL PRICE OFFER.

Key facts

  • Freshly renovated
  • 3,920 sq ft lot
  • Garage

Tags

FRESHLY RENOVATEDSTRONG RENTAL PERFORMANCESOLID TENANT PLACEMENT

Property features AI

Exterior

  • Parking: Detached 1-car garage
  • Utilities: Public water available; Public sewer available
  • Home design: Single-family residence; Two levels; Ground-level entry with steps; Brick exterior
  • Construction: Brick construction
  • Exterior features: Paved road access; Lot approximately 0.09 acres (35 x 115)

Interior

  • Bathrooms: One full bathroom
  • Heating & cooling: Forced air heating (natural gas); No central cooling
  • Interior features: Unfinished basement; Three total rooms

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $95k.

Deal economics

  • At list price, monthly cash flow is $442 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $95k).
  • Recommended offer: $92k (3.0% 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 (+6.7%/yr); 226 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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).
  • At $1,351/mo this rent would consume 46% of the median local household income ($35k/yr) (locally 2372% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $657 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 + 6.7% rent growth), your $27k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 44 days — a 3% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 20y ago 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.
  • Current owner paid $11k; list at $95k implies a 772% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: moderate flood risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $92,150 (3.0% below list)

Questions for the listing agent

  1. It's been on market 44 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 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  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
1.42%
Cap rate
11.88%
Cash-on-cash
19.95%
DSCR
1.89
GRM
5.9

CMA / ARV

ARV (median comp)
$69,646
List price
$95,000
Delta
36.40%
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
18696 Blackmoor St 0.17mi 3/1.0 1,010 (-3%) 0mo $77,500 $77 87
18104 Runyon St 0.40mi 3/1.0 1,078 (+4%) 0mo $58,000 $54 75
19140 Algonac St 0.08mi 2/1.0 (-1) 892 (-14%) 1mo $46,000 $52 67
17892 Runyon St 0.53mi 3/1.5 995 (-4%) 2mo $56,000 $56 65
19361 Beland St 0.25mi 3/1.0 901 (-13%) 2mo $47,500 $53 65
8212 E Lantz St 0.59mi 3/1.0 989 (-5%) 2mo $60,000 $61 63
19591 Strasburg St 0.71mi 3/1.5 1,034 (-1%) 3mo $89,000 $86 62
17650 Beland St 0.64mi 3/1.5 1,094 (+5%) 2mo $67,000 $61 57
17665 Runyon St 0.65mi 3/2.0 1,096 (+5%) 1mo $50,000 $46 56
8175 House St 0.53mi 3/1.0 1,160 (+12%) 1mo $100,000 $86 55
19161 Hamburg St 0.67mi 3/1.0 960 (-8%) 2mo $116,000 $121 54
18982 Hamburg St 0.69mi 3/1.0 952 (-8%) 3mo $45,000 $47 52

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 · 6.72% rent growth · sell at horizon

5-year hold
IRR
16.1%
Equity multiple
1.68×
Total profit
$18,014
Equity at exit
$14,165
10-year hold
IRR
27.2%
Equity multiple
3.83×
Total profit
$75,195
Equity at exit
$8,214

Cash invested: $26,600 (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.

ZIP-level market 48234

Home prices YoY
-11.9%
Rents YoY
6.7%
Active inventory
226
Price-to-rent
5.9×

Monthly cashflow live

Estimated rent
$1,351 high interval (Pro) →
Mortgage (P&I)
$498
Tax from tax record
$87 /mo · $1,049/yr
Insurance
$40
HOA
$0
Vacancy / Maint / Mgmt
$284
Net cashflow
$442

Break-even live

Break-even rent $791
Max offer price $95,000
Occupancy floor 62%

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
$23,750
Closing costs
$2,850
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
18431 Teppert St Detroit, MI 4.0 1.0 1200 $1,400 $1.17 1d 1 0.32mi
11513 Greiner St Unit 11521 Greiner Detroit, MI 2.0 1.0 942 $1,050 $1.11 43d 1 0.52mi
18681 Barlow St Detroit, MI 3.0 1.0 1041 $1,400 $1.34 24d 1 0.71mi
18703 Waltham St Detroit, MI 2.0 1.0 1000 $1,100 $1.10 43d 1 0.77mi
17851 Strasburg St Detroit, MI 3.0 1.0 1079 $1,100 $1.02 17d 1 0.79mi
17241 Rowe St Detroit, MI 3.0 1.5 1316 $1,450 $1.10 17d 1 0.87mi
7533 Quinn St Unit 1 Detroit, MI 2.0 1.0 700 $850 $1.21 43d 1 0.88mi
19207 Westphalia St Detroit, MI 4.0 1.0 1179 $1,800 $1.53 17d 1 0.90mi
19419 Westphalia St Detroit, MI 3.0 1.0 1293 $1,325 $1.02 17d 1 0.93mi
19143 Fairport St Detroit, MI 3.0 1.0 1070 $1,225 $1.14 17d 1 0.95mi
20290 Annott St Detroit, MI 3.0 1.0 1300 $1,250 $0.96 17d 1 0.96mi
19171 Cliff St Detroit, MI 3.0 1.0 1000 $1,200 $1.20 16d 1 0.96mi
18624 Fairport St Unit NA Detroit, MI 3.0 1.0 924 $1,450 $1.57 24d 1 1.00mi
18624 Fairport St Detroit, MI 3.0 1.0 874 $1,450 $1.66 21d 1 1.00mi
19610 Westphalia St Detroit, MI 3.0 1.0 1200 $1,595 $1.33 17d 1 1.00mi
20091 Barlow St Detroit, MI 3.0 1.0 930 $1,300 $1.40 17d 1 1.02mi
19170 Joann St Detroit, MI 4.0 1.0 1020 $1,400 $1.37 43d 1 1.04mi
19691 Cliff St #1 Detroit, MI 2.0 1.0 850 $1,050 $1.24 4d 1 1.06mi
18119 Joann St Detroit, MI 2.0 1.0 800 $1,100 $1.38 24d 1 1.07mi
19220 Alcoy St Detroit, MI 3.0 1.0 1023 $1,350 $1.32 17d 1 1.11mi
20553 Hamburg St Detroit, MI 3.0 1.0 1074 $1,300 $1.21 3d 1 1.15mi
20042 Rogge St Detroit, MI 4.0 2.0 1232 $1,394 $1.13 43d 1 1.17mi
20296 Waltham St Detroit, MI 3.0 1.5 986 $1,300 $1.32 17d 1 1.18mi
13218 Greiner St Detroit, MI 3.0 1.0 1162 $1,195 $1.03 17d 1 1.18mi
11074 Kennebec St Detroit, MI 3.0 1.0 1200 $1,350 $1.12 43d 1 1.18mi
8285 Rivard Ave Warren, MI 3.0 1.0 902 $1,549 $1.72 24d 1 1.21mi
11700 Engleside St Detroit, MI 3.0 1.0 1000 $1,175 $1.18 43d 1 1.21mi
11228 Sherman Ave Warren, MI 2.0 1.0 1000 $1,200 $1.20 12d 1 1.24mi
11785 Nashville St Detroit, MI 3.0 2.0 1360 $1,450 $1.07 3d 1 1.24mi
8242 Jackson Ave Warren, MI 3.0 1.0 840 $1,198 $1.43 43d 1 1.24mi
11377 Sherman Ave Warren, MI 3.0 1.0 1200 $1,400 $1.17 24d 1 1.26mi
11760 Nashville St Detroit, MI 3.0 1.0 1200 $1,250 $1.04 17d 1 1.27mi
20027 Alcoy St Detroit, MI 3.0 1.0 1000 $1,349 $1.35 17d 1 1.27mi
13669 Pfent St Detroit, MI 3.0 2.0 1031 $1,374 $1.33 17d 1 1.37mi
12807 Coleen Ave Warren, MI 3.0 1.0 1080 $1,250 $1.16 24d 1 1.41mi
20242 Hickory St Detroit, MI 3.0 1.0 747 $1,300 $1.74 11d 1 1.43mi
7600 Dobel St Detroit, MI 3.0 1.0 1234 $1,400 $1.13 16d 1 1.44mi
20227 Pelkey St Detroit, MI 3.0 1.0 968 $1,350 $1.39 17d 1 1.45mi
12846 Georgiana Ave Warren, MI 3.0 1.0 912 $1,300 $1.43 24d 1 1.45mi
12112 Christy St Unit 12110 Detroit, MI 2.0 1.0 950 $1,200 $1.26 43d 1 1.47mi

Listing history 29 events

  1. 2026-06-18
    days on market $95,000 Active 44 DOM
  2. 2026-06-17
    days on market $95,000 Active 43 DOM
  3. 2026-06-15
    days on market $95,000 Active 41 DOM
  4. 2026-06-13
    days on market $95,000 Active 39 DOM
  5. 2026-06-13
    days on market $95,000 Active 38 DOM
  6. 2026-06-09
    days on market $95,000 Active 35 DOM
  7. 2026-06-08
    days on market $95,000 Active 34 DOM
  8. 2026-06-07
    days on market $95,000 Active 33 DOM
  9. 2026-06-04
    days on market $95,000 Active 30 DOM
  10. 2026-06-03
    days on market $95,000 Active 29 DOM
  11. 2026-06-02
    days on market $95,000 Active 28 DOM
  12. 2026-06-01
    days on market $95,000 Active 27 DOM
  13. 2026-05-31
    days on market $95,000 Active 26 DOM
  14. 2026-05-05
    listed $95,000 Active 785-char remark
    Show marketing remark (769 chars)

    WELCOME TO 18988 ALGONAC - A TURNKEY SECTION 8 INVESTMENT OPPORTUNITY LOCATED ON DETROIT'S EAST SIDE. THIS 3-BEDROOM, 1-BATHROOM HOME IS CURRENTLY LEASED TO A SECTION 8 TENANT AT $1,200 PER MONTH WITH A FRESH LEASE IN PLACE, PROVIDING IMMEDIATE CASH FLOW FROM DAY ONE. THE PROPERTY WAS FRESHLY RENOVATED IN 2026 AND OFFERS A LOW-MAINTENANCE INVESTMENT SETUP WITH THE TENANT RESPONSIBLE FOR ALL UTILITIES AND LAWN MAINTENANCE. STRONG RENTAL PERFORMANCE, RELIABLE GOVERNMENT-BACKED INCOME, AND A SOLID TENANT PLACEMENT MAKE THIS PROPERTY AN EXCELLENT ADDITION TO ANY INVESTOR'S PORTFOLIO. PROPERTY MAY BE PURCHASED INDIVIDUALLY OR AS A PACKAGE WITH 3423 BUCKINGHAM, WHICH IS CURRENTLY GENERATING $1,000 IN MONTHLY RENT. NO SHOWINGS WITHOUT AN ACCEPTED FULL PRICE OFFER.

  15. 2026-05-05
    listed $95,000 Active 769-char remark
    Show marketing remark (769 chars)

    WELCOME TO 18988 ALGONAC - A TURNKEY SECTION 8 INVESTMENT OPPORTUNITY LOCATED ON DETROIT'S EAST SIDE. THIS 3-BEDROOM, 1-BATHROOM HOME IS CURRENTLY LEASED TO A SECTION 8 TENANT AT $1,200 PER MONTH WITH A FRESH LEASE IN PLACE, PROVIDING IMMEDIATE CASH FLOW FROM DAY ONE. THE PROPERTY WAS FRESHLY RENOVATED IN 2026 AND OFFERS A LOW-MAINTENANCE INVESTMENT SETUP WITH THE TENANT RESPONSIBLE FOR ALL UTILITIES AND LAWN MAINTENANCE. STRONG RENTAL PERFORMANCE, RELIABLE GOVERNMENT-BACKED INCOME, AND A SOLID TENANT PLACEMENT MAKE THIS PROPERTY AN EXCELLENT ADDITION TO ANY INVESTOR'S PORTFOLIO. PROPERTY MAY BE PURCHASED INDIVIDUALLY OR AS A PACKAGE WITH 3423 BUCKINGHAM, WHICH IS CURRENTLY GENERATING $1,000 IN MONTHLY RENT. NO SHOWINGS WITHOUT AN ACCEPTED FULL PRICE OFFER.

  16. 2026-03-19
    historical $1,100
  17. 2026-02-17
    listed $1,100
  18. 2025-12-28
    historical $1,100
  19. 2025-11-26
    listed $1,100
  20. 2025-10-21
    historical $1,100
  21. 2025-09-19
    listed $1,100
  22. 2012-12-05
    soldstatus $10,900
    Show marketing remark (127 chars)

    3 BEDROOM BRICK BUNGALOW WITH FULL BASEMENT AND 1 CAR DETACHED GARAGE. HARDWOOD FLOORS. THIS IS A FANNIE MAE HOMEPATH PROPERTY.

  23. 2012-12-05
    soldstatus $10,900
    Show marketing remark (127 chars)

    3 BEDROOM BRICK BUNGALOW WITH FULL BASEMENT AND 1 CAR DETACHED GARAGE. HARDWOOD FLOORS. THIS IS A FANNIE MAE HOMEPATH PROPERTY.

  24. 2012-11-15
    historical
    Show marketing remark (127 chars)

    3 BEDROOM BRICK BUNGALOW WITH FULL BASEMENT AND 1 CAR DETACHED GARAGE. HARDWOOD FLOORS. THIS IS A FANNIE MAE HOMEPATH PROPERTY.

  25. 2012-11-15
    historical
    Show marketing remark (127 chars)

    3 BEDROOM BRICK BUNGALOW WITH FULL BASEMENT AND 1 CAR DETACHED GARAGE. HARDWOOD FLOORS. THIS IS A FANNIE MAE HOMEPATH PROPERTY.

  26. 2012-11-09
    listed $10,900
  27. 2012-11-08
    listed $10,900
    Show marketing remark (127 chars)

    3 BEDROOM BRICK BUNGALOW WITH FULL BASEMENT AND 1 CAR DETACHED GARAGE. HARDWOOD FLOORS. THIS IS A FANNIE MAE HOMEPATH PROPERTY.

  28. 2006-08-24
    historical
  29. 2006-08-05
    listed $75,000

ⓘ 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
$1,049 · $87/mo
Projected year-2 tax
$1,256 · $105/mo
Expected delta
+$207/yr (+$17/mo · 19.7%)

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

Climate risk First Street

  • 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 61% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥96°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
$16,213
− Mortgage interest
−$5,321
− Property taxes
−$1,049
− Insurance
−$475
− Repairs & maintenance
−$1,297
− Management
−$1,297
− Depreciation
−$2,764
Taxable income
$4,010
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$962
After-tax cash flow
$4,344/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)
32,760
Household income
$35,322
Rent vs Own
47.0% rent · 53.0% own
Severe rent burden
2372.0

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 (94%)
Race & ethnicity
Black 94% White 3% Two or more races 1%
Common ancestry
Romanian 1%
Foreign-born
2% · Canada, Vietnam, Philippines
Languages at home
97% English-only · 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
▼ -44.65%
Current HPI
328.8978
Rent YoY
▲ 6.72%
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

Price history

+26.7% since first listed
16 events — show timeline
  • 2026-05-05 Listed $95,000 MiRealSource-MiMLS
  • 2026-05-05 Listed $95,000 REALCOMP
  • 2026-03-19 Rental Removed $1,100 TURBOTENANT
  • 2026-02-17 Listed for Rent $1,100 TURBOTENANT
  • 2025-12-28 Rental Removed $1,100 TURBOTENANT
  • 2025-11-26 Listed for Rent $1,100 TURBOTENANT
  • 2025-10-21 Rental Removed $1,100 TURBOTENANT
  • 2025-09-19 Listed for Rent $1,100 TURBOTENANT
  • 2012-12-05 Sold (MLS) $10,900 REALCOMP
  • 2012-12-05 Sold (MLS) $10,900 MiRealSource-MiMLS
  • 2012-11-15 Listing Removed REALCOMP
  • 2012-11-15 Listing Removed MiRealSource-MiMLS
  • 2012-11-09 Listed $10,900 REALCOMP
  • 2012-11-08 Listed $10,900 MiRealSource-MiMLS
  • 2006-08-24 Listing Removed REALCOMP
  • 2006-08-05 Listed $75,000 REALCOMP

Property tax history

-2.8%/yr

Latest (2025): $1,049 · -0.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…