19759 Strathmoor St · Detroit, MI 48235

$124,900

3 bd · 1.0 ba · 1,001 sqft · SingleFamily public records · 23 Days on market

Built 1949 5,227 sqft lot Est $132k · 5% under

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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 +25.1/30.0
• ARV discount +10.0/15.0
• DSCR +8.2/10.0
• 1% rule +6.1/10.0
• Livability +3.7/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

VERY BEAUTIFUL 3 BEDROOM BRICK BUNGALOW. IMMACULATE THRU-OUT. LIVING ROOM. FORMAL DINNING ROOM FIRST FLOOR BEDROOM LOVELY PRIME NORTHWEST NEIGHBORHOOD. AVAILABLE IMMEDIATELY.

Key facts

• 5,227 sq ft lot
• 2 garage spots
• Built 1949

Property features AI

Exterior

• Parking: Detached 2-car garage
• Utilities: Public water; Natural gas; Forced air heating
• Home design: Residential property; One-story structure; Built in 1949
• Construction: Brick construction; Basement foundation; Built in 1949
• Exterior features: Brick exterior; Paved street access; Frontage of 40 feet

Interior

• Kitchen: Entry-level kitchen (9 x 7) with vinyl flooring
• Bedrooms: Second-floor bedroom (23 x 9) with wood floors; Entry-level bedroom (9 x 10) with wood floors; Entry-level bedroom (approx. 11 ft) with wood floors
• Flooring: Wood flooring in living, dining and bedrooms; Vinyl flooring in kitchen; Ceramic flooring in bathroom
• Bathrooms: One full bathroom with ceramic flooring (approx. 8 x 5) located on the entry level
• Heating & cooling: Forced air heating; Natural gas fuel
• Interior features: Total of 7 rooms; Unfinished basement
• Laundry & utility: Basement present (unfinished)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $276 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $123k (1.5% 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 (+3.2%/yr); 283 active listings in the ZIP; 33 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).
• This rent runs 42% of the median local income ($39k/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 $864 of loan paydown is wiped out by about $4k 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 23 days — a 2% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 21y 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.

Risks & watch-outs

• Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $123,026 (1.5% below list)

Questions for the listing agent

1. Built in 1949 — 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. 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.
6. 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.
7. 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: 1.11% ✓
• Cap rate: 8.94%
• Cash-on-cash: 9.46%
• DSCR: 1.42
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $132,132
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
20025 Hubbell St	0.20mi	3/1.0	1,022 (+2%)	1mo	$59,500	$58	86
19484 Schaefer Hwy	0.47mi	2/1.0 (-1)	1,000 (-0%)	2mo	$50,000	$50	72
20496 Mark Twain St	0.50mi	3/1.5	1,024 (+2%)	2mo	$135,000	$132	70
20101 Strathmoor St	0.26mi	3/1.0	1,102 (+10%)	5mo	$73,000	$66	67
19152 Whitcomb St	0.55mi	2/1.5 (-1)	1,012 (+1%)	1mo	$110,000	$109	64
19348 Montrose St	0.69mi	3/1.5	990 (-1%)	5mo	$145,900	$147	60
20108 Cheyenne St	0.72mi	3/1.0	1,014 (+1%)	5mo	$160,000	$158	60
19215 Winthrop St	0.70mi	3/1.5	1,030 (+3%)	6mo	$137,000	$133	56
20120 Hartwell St	0.57mi	3/1.0	1,080 (+8%)	6mo	$62,000	$57	55
19193 Lesure St	0.45mi	2/2.0 (-1)	909 (-9%)	1mo	$140,000	$154	54
20522 Ardmore St	0.56mi	3/1.5	1,133 (+13%)	1mo	$1,400	$1	49
20253 Winthrop St	0.74mi	3/1.0	1,093 (+9%)	5mo	$145,900	$133	46

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 · 3.25% rent growth · sell at horizon

5-year hold

• IRR: -1.8%
• Equity multiple: 0.93×
• Total profit: $-2,337
• Equity at exit: $18,623

10-year hold

• IRR: 8.2%
• Equity multiple: 1.63×
• Total profit: $21,980
• Equity at exit: $10,799

Cash invested: $34,972 (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 48235

• Rents YoY: 3.2%
• Active inventory: 283
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,381 high
• Mortgage (P&I): −$655
• Tax from tax record: −$108 /mo · $1,297/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$290
• Net cashflow: $276

Break-even live

Break-even rent $1,032

Max offer price $124,900

Occupancy floor 75%

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
20042 Freeland St Detroit, MI	3.0	1.5	1445	$1,400	$0.97	16d	1	0.25mi
19474 Schaefer Hwy Detroit, MI	2.0	1.0	896	$1,075	$1.20	4d	1	0.45mi
20426 Tracey St Detroit, MI	3.0	1.0	1200	$1,200	$1.00	24d	1	0.57mi
18964 Coyle St Detroit, MI	3.0	1.0	1300	$1,350	$1.04	2d	1	0.58mi
18512 Schaefer Hwy Detroit, MI	2.0	1.0	962	$1,200	$1.25	24d	1	0.81mi
19440 Rutherford St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	24d	1	0.84mi
19467 Rutherford St Detroit, MI	3.0	1.0	1002	$1,200	$1.20	16d	1	0.86mi
18257 Mark Twain St Detroit, MI	3.0	1.0	1185	$1,507	$1.27	16d	1	0.86mi
20555 Motor Dr Detroit, MI	1.0–2.0	1.0	750	$1,222	$1.63	14d	5	0.88mi
18481 Prest St Detroit, MI	3.0	1.5	1100	$1,300	$1.18	19d	1	0.90mi
19503 Mansfield St Detroit, MI	3.0	1.0	1200	$1,350	$1.12	16d	1	0.91mi
18675 Forrer St Detroit, MI	3.0	1.0	1200	$1,225	$1.02	4d	1	0.95mi
18427 Greenfield Rd Detroit, MI	2.0	1.0	952	$980	$1.03	4d	1	0.98mi
20122 Manor St Detroit, MI	3.0	1.0	1028	$1,200	$1.17	43d	1	1.03mi
19929 Monte Vista St Detroit, MI	3.0	1.0	860	$1,450	$1.69	17d	1	1.03mi
20245 Manor Detroit, MI	3.0	1.0	1018	$1,400	$1.38	2d	1	1.04mi
20032 Monte Vista St Detroit, MI	3.0	1.0	1000	$1,294	$1.29	20d	1	1.07mi
18010 Lesure St Detroit, MI	3.0	1.0	1010	$1,550	$1.53	24d	1	1.08mi
18675 Meyers Rd Unit 18677 Detroit, MI	2.0	1.0	942	$1,100	$1.17	43d	1	1.09mi
20429 Monte Vista St Detroit, MI	3.0	1.0	872	$1,300	$1.49	17d	1	1.11mi
18400 Rutherford St Detroit, MI	3.0	1.0	1050	$1,400	$1.33	3d	1	1.16mi
20210 Biltmore St Detroit, MI	3.0	1.0	1033	$1,350	$1.31	24d	1	1.22mi
18268 Mansfield St Detroit, MI	2.0	1.0	800	$1,200	$1.50	16d	1	1.24mi
21800 Coolidge Hwy Oak Park, MI	1.0–2.0	1.0	938	$1,300	$1.39	24d	3	1.30mi
20203 Gilchrist St Detroit, MI	3.0	1.0	1031	$1,250	$1.21	4d	1	1.31mi
20314 Gilchrist St Detroit, MI	3.0	1.0	1042	$1,500	$1.44	4d	1	1.31mi
21850 Coolidge Hwy #203 Oak Park, MI	3.0	2.0	1100	$1,700	$1.55	5d	1	1.33mi
21880 Coolidge Hwy #203 Oak Park, MI	2.0	1.0	938	$1,300	$1.39	24d	1	1.33mi
20460 Griggs St Detroit, MI	2.0	1.0	910	$1,100	$1.21	17d	1	1.35mi
20515 Ilene St Detroit, MI	3.0	1.0	891	$1,450	$1.63	43d	1	1.39mi
19400 Harlow St Detroit, MI	4.0	1.0	1298	$1,275	$0.98	16d	1	1.39mi
20259 Oakfield St Detroit, MI	3.0	1.0	1056	$1,250	$1.18	16d	1	1.43mi
19818 Fenmore St Detroit, MI	3.0	1.0	902	$1,275	$1.41	43d	1	1.50mi

Listing history 23 events

1. 2026-06-17
   statusdays on market $124,900 Pending 23 DOM
2. 2026-06-15
   days on market $124,900 Active 22 DOM
3. 2026-06-13
   days on market $124,900 Active 20 DOM
4. 2026-06-13
   days on market $124,900 Active 19 DOM
5. 2026-06-09
   days on market $124,900 Active 16 DOM
6. 2026-06-08
   days on market $124,900 Active 15 DOM
7. 2026-06-07
   days on market $124,900 Active 14 DOM
8. 2026-06-04
   days on market $124,900 Active 11 DOM
9. 2026-06-03
   days on market $124,900 Active 10 DOM
10. 2026-06-02
    days on market $124,900 Active 9 DOM
11. 2026-06-01
    days on market $124,900 Active 8 DOM
12. 2026-05-31
    days on market $124,900 Active 7 DOM
13. 2026-05-23
    listed $124,900 Active
14. 2026-05-20
    historical $124,900
15. 2024-04-28
    historical $1,500
16. 2024-04-18
    listed $1,500
17. 2007-04-02
    soldstatus $111,000
18. 2006-05-26
    soldstatus $85,000
19. 2006-04-10
    soldstatus $85,000 174-char remark

    Show marketing remark (174 chars)

    VERY BEAUTIFUL 3 BEDROOM BRICK BUNGALOW. IMMACULATE THRU-OUT. LIVING ROOM. FORMAL DINNING ROOM FIRST FLOOR BEDROOM LOVELY PRIME NORTHWEST NEIGHBORHOOD. AVAILABLE IMMEDIATELY.

20. 2006-04-10
    soldstatus $85,000

    Show marketing remark (174 chars)

    VERY BEAUTIFUL 3 BEDROOM BRICK BUNGALOW. IMMACULATE THRU-OUT. LIVING ROOM. FORMAL DINNING ROOM FIRST FLOOR BEDROOM LOVELY PRIME NORTHWEST NEIGHBORHOOD. AVAILABLE IMMEDIATELY.

21. 2006-04-06
    historical
22. 2005-12-01
    listed $89,900 174-char remark

    Show marketing remark (174 chars)

    VERY BEAUTIFUL 3 BEDROOM BRICK BUNGALOW. IMMACULATE THRU-OUT. LIVING ROOM. FORMAL DINNING ROOM FIRST FLOOR BEDROOM LOVELY PRIME NORTHWEST NEIGHBORHOOD. AVAILABLE IMMEDIATELY.

23. 2005-12-01
    listed $89,900

    Show marketing remark (174 chars)

    VERY BEAUTIFUL 3 BEDROOM BRICK BUNGALOW. IMMACULATE THRU-OUT. LIVING ROOM. FORMAL DINNING ROOM FIRST FLOOR BEDROOM LOVELY PRIME NORTHWEST NEIGHBORHOOD. AVAILABLE IMMEDIATELY.

ⓘ 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: $1,297 · $108/mo
• Projected year-2 tax: $1,610 · $134/mo
• Expected delta: +$313/yr (+$26/mo · 24.2%)

ⓘ 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: $16,570
• − Mortgage interest: −$6,996
• − Property taxes: −$1,297
• − Insurance: −$624
• − Repairs & maintenance: −$1,326
• − Management: −$1,326
• − Depreciation: −$3,633
• Taxable income: $1,368
• Est. tax owed @ 24.0%: −$328
• After-tax cash flow: $2,981/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): 45,600
• Household income: $39,265
• Rent vs Own: 46.5% rent · 53.5% own
• Severe rent burden: 3064.0

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 2% Hispanic / Latino 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 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: ▼ -153.02%
• Current HPI: 263.6326
• Rent YoY: ▲ 3.25%
• 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

+38.9% since first listed

11 events — show timeline

• 2026-05-23 Listed $124,900 MiRealSource-MiMLS
• 2026-05-20 Coming Soon $124,900 MiRealSource-MiMLS
• 2024-04-28 Rental Removed $1,500 BUILDIUM
• 2024-04-18 Listed for Rent $1,500 BUILDIUM
• 2007-04-02 Sold (Public Records) $111,000 Public Records
• 2006-05-26 Sold (Public Records) $85,000 Public Records
• 2006-04-10 Sold (MLS) $85,000 MiRealSource-MiMLS
• 2006-04-10 Sold (MLS) $85,000 REALCOMP
• 2006-04-06 Listing Removed — MiRealSource-MiMLS
• 2005-12-01 Listed $89,900 MiRealSource-MiMLS
• 2005-12-01 Listed $89,900 REALCOMP

Property tax history

-1.7%/yr

Latest (2025): $1,297 · -54.0% YoY. Source: county tax records.