14072 Carlisle St · 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 96°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 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 +28.0/30.0
- DSCR +9.9/10.0
- 1% rule +9.3/10.0
- Livability +3.7/5.0
- ARV discount +2.8/15.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$96,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this adorable and well-maintained bungalow featuring 3 bedrooms and 1 full bath. This home offers a spacious and private primary bedroom retreat upstairs, with two additional bedrooms on the main level - perfect for guests, a home office, or growing families. The living space is warm and inviting with plenty of natural light, and the layout offers great flow throughout. Enjoy a bright kitchen with ample cabinet space and a cozy dining area for everyday meals or entertaining. Outside, you'll find a generous yard with room to garden, play, or relax.
Key facts
- Bright kitchen
- Generous yard
- 4,792 sq ft lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $96k.
Deal economics
- At list price, monthly cash flow is $299 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $96k).
- Recommended offer: $84k (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 (+1.3%/yr); 373 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 $664 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.
Negotiation context
- It's been on market 259 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 20y ago; this cycle's ask has dropped $24k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: property tax is 3.0% of price; built in 1949 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 259 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- 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?
- 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
- 1.43% ✓
- Cap rate
- 10.03%
- Cash-on-cash
- 13.36%
- DSCR
- 1.59
- GRM
- 5.8
CMA / ARV
- ARV (median comp)
- $86,911
- List price
- $96,000
- Delta
- 10.46%
- 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 |
|---|---|---|---|---|---|---|---|
| 14068 Carlisle St | 0.01mi | 3/1.0 | 1,020 (-6%) | 2mo | $55,000 | $54 | 88 |
| 14078 Bringard Dr | 0.18mi | 3/1.5 | 1,110 (+2%) | 2mo | $76,000 | $68 | 84 |
| 14076 Rossini Dr | 0.38mi | 3/1.0 | 1,055 (-3%) | 0mo | $90,000 | $85 | 78 |
| 19953 Regent Dr | 0.37mi | 3/1.0 | 1,038 (-4%) | 2mo | $55,000 | $53 | 74 |
| 14788 Rossini Dr | 0.56mi | 3/1.0 | 1,099 (+2%) | 1mo | $82,000 | $75 | 70 |
| 14910 Fairmount Dr | 0.58mi | 3/1.0 | 1,116 (+3%) | 1mo | $15,000 | $13 | 67 |
| 20577 Fairport St | 0.69mi | 3/1.0 | 1,078 (-0%) | 1mo | $65,000 | $60 | 66 |
| 20020 Pelkey St | 0.49mi | 3/1.0 | 1,020 (-6%) | 2mo | $75,000 | $74 | 66 |
| 13900 Bringard Dr | 0.23mi | 3/1.5 | 1,242 (+15%) | 2mo | $49,000 | $39 | 61 |
| 20218 Hickory St | 0.49mi | 3/1.0 | 930 (-14%) | 1mo | $26,000 | $28 | 52 |
| 15011 Bringard Dr | 0.62mi | 3/1.0 | 1,208 (+12%) | 2mo | $125,000 | $103 | 50 |
| 13308 Couwlier Ave | 0.71mi | 4/1.5 (+1) | 1,183 (+9%) | 1mo | $108,500 | $92 | 44 |
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 · 1.33% rent growth · sell at horizon
- IRR
- 1.3%
- Equity multiple
- 1.05×
- Total profit
- $1,330
- Equity at exit
- $14,314
- IRR
- 9.0%
- Equity multiple
- 1.64×
- Total profit
- $17,084
- Equity at exit
- $8,300
Cash invested: $26,880 (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 48205
- Home prices YoY
- -28.1%
- Rents YoY
- 1.3%
- Active inventory
- 373
- Price-to-rent
- 5.8×
Monthly cashflow live
- Estimated rent
- $1,373 high interval (Pro) →
- Mortgage (P&I)
- −$503
- Tax from tax record
- −$242 /mo · $2,905/yr
- Insurance
- −$40
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$288
- Net cashflow
- $299
Break-even live
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
- $24,000
- Closing costs
- $2,880
- 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 |
|---|---|---|---|---|---|---|---|---|
| 14068 Carlisle St Detroit, MI | 3.0 | 1.0 | 1020 | $1,300 | $1.27 | 24d | 1 | 0.03mi |
| 14134 Collingham Dr Detroit, MI | 3.0 | 1.5 | 1300 | $1,350 | $1.04 | 43d | 1 | 0.08mi |
| 13693 Edmore Dr Detroit, MI | 3.0 | 1.5 | 1269 | $1,550 | $1.22 | 11d | 1 | 0.25mi |
| 20215 Schoenherr St Unit 1 Detroit, MI | 2.0 | 1.0 | 1000 | $1,200 | $1.20 | 17d | 1 | 0.38mi |
| 20227 Pelkey St Detroit, MI | 3.0 | 1.0 | 968 | $1,350 | $1.39 | 17d | 1 | 0.43mi |
| 20242 Hickory St Detroit, MI | 3.0 | 1.0 | 747 | $1,300 | $1.74 | 11d | 1 | 0.46mi |
| 13501 Vernon Ave Warren, MI | 2.0 | 1.0 | 850 | $1,300 | $1.53 | 24d | 1 | 0.48mi |
| 20027 Alcoy St Detroit, MI | 3.0 | 1.0 | 1000 | $1,349 | $1.35 | 17d | 1 | 0.59mi |
| 12846 Georgiana Ave Warren, MI | 3.0 | 1.0 | 912 | $1,300 | $1.43 | 24d | 1 | 0.72mi |
| 13669 Pfent St Detroit, MI | 3.0 | 2.0 | 1031 | $1,374 | $1.33 | 17d | 1 | 0.73mi |
| 12807 Coleen Ave Warren, MI | 3.0 | 1.0 | 1080 | $1,250 | $1.16 | 24d | 1 | 0.75mi |
| 14504 Coram St Detroit, MI | 3.0 | 1.0 | 1203 | $1,175 | $0.98 | 24d | 1 | 0.75mi |
| 14461 Lappin St Detroit, MI | 3.0 | 1.5 | 989 | $1,150 | $1.16 | 17d | 1 | 0.79mi |
| 13050 Couwlier Ave Warren, MI | 3.0 | 1.0 | 850 | $1,350 | $1.59 | 24d | 1 | 0.81mi |
| 20296 Waltham St Detroit, MI | 3.0 | 1.5 | 986 | $1,300 | $1.32 | 17d | 1 | 0.82mi |
| 14481 Maddelein St Detroit, MI | 3.0 | 1.0 | 1200 | $1,100 | $0.92 | 43d | 1 | 0.85mi |
| 19610 Westphalia St Detroit, MI | 3.0 | 1.0 | 1200 | $1,595 | $1.33 | 17d | 1 | 0.87mi |
| 15503 Edmore Dr Detroit, MI | 3.0 | 1.0 | 1285 | $1,100 | $0.86 | 43d | 1 | 0.90mi |
| 20091 Barlow St Detroit, MI | 3.0 | 1.0 | 930 | $1,300 | $1.40 | 17d | 1 | 0.93mi |
| 19220 Alcoy St Detroit, MI | 3.0 | 1.0 | 1023 | $1,350 | $1.32 | 17d | 1 | 0.93mi |
| 20553 Hamburg St Detroit, MI | 3.0 | 1.0 | 1074 | $1,300 | $1.21 | 3d | 1 | 0.98mi |
| 19419 Westphalia St Detroit, MI | 3.0 | 1.0 | 1293 | $1,325 | $1.02 | 17d | 1 | 0.98mi |
| 15663 Carlisle St Detroit, MI | 2.0 | 1.0 | 803 | $1,050 | $1.31 | 14d | 1 | 0.98mi |
| 19170 Joann St Detroit, MI | 4.0 | 1.0 | 1020 | $1,400 | $1.37 | 43d | 1 | 1.01mi |
| 19207 Westphalia St Detroit, MI | 4.0 | 1.0 | 1179 | $1,800 | $1.53 | 17d | 1 | 1.07mi |
| 19143 Fairport St Detroit, MI | 3.0 | 1.0 | 1070 | $1,225 | $1.14 | 17d | 1 | 1.08mi |
| 22852 Sharrow Ave Warren, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 4d | 1 | 1.16mi |
| 15604 Coram St Detroit, MI | 3.0 | 1.0 | 1210 | $1,000 | $0.83 | 43d | 1 | 1.17mi |
| 20290 Annott St Detroit, MI | 3.0 | 1.0 | 1300 | $1,250 | $0.96 | 17d | 1 | 1.20mi |
| 18624 Fairport St Detroit, MI | 3.0 | 1.0 | 874 | $1,450 | $1.66 | 21d | 1 | 1.28mi |
| 18624 Fairport St Unit NA Detroit, MI | 3.0 | 1.0 | 924 | $1,450 | $1.57 | 24d | 1 | 1.28mi |
| 15616 E 7 Mile Rd Detroit, MI | 3.0 | 1.5 | 1150 | $1,150 | $1.00 | 17d | 1 | 1.32mi |
| 18703 Waltham St Detroit, MI | 2.0 | 1.0 | 1000 | $1,100 | $1.10 | 43d | 1 | 1.35mi |
| 16242 Bringard Dr Detroit, MI | 3.0 | 1.0 | 1350 | $1,300 | $0.96 | 4d | 1 | 1.35mi |
| 16291 Eastburn St Detroit, MI | 3.0 | 1.0 | 1000 | $1,364 | $1.36 | 24d | 1 | 1.40mi |
| 18681 Barlow St Detroit, MI | 3.0 | 1.0 | 1041 | $1,400 | $1.34 | 24d | 1 | 1.40mi |
| 15909 Maddelein St Detroit, MI | 3.0 | 1.0 | 894 | $1,266 | $1.42 | 43d | 1 | 1.41mi |
| 18119 Joann St Detroit, MI | 2.0 | 1.0 | 800 | $1,100 | $1.38 | 24d | 1 | 1.41mi |
| 16225 Manning St Detroit, MI | 4.0 | 2.0 | 1036 | $1,475 | $1.42 | 43d | 1 | 1.42mi |
| 16410 Edmore Dr Detroit, MI | 3.0 | 1.0 | 850 | $1,250 | $1.47 | 14d | 1 | 1.44mi |
Listing history 39 events
-
2026-06-18days on market $96,000 Active 259 DOM
-
2026-06-17days on market $96,000 Active 258 DOM
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2026-06-15days on market $96,000 Active 256 DOM
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2026-06-13days on market $96,000 Active 254 DOM
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2026-06-13days on market $96,000 Active 253 DOM
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2026-06-09days on market $96,000 Active 250 DOM
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2026-06-08days on market $96,000 Active 249 DOM
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2026-06-07days on market $96,000 Active 248 DOM
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2026-06-04days on market $96,000 Active 245 DOM
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2026-06-03days on market $96,000 Active 244 DOM
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2026-06-01days on market $96,000 Active 242 DOM
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2026-05-31days on market $96,000 Active 241 DOM
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2026-05-14price $96,000 564-char remark
Show marketing remark (564 chars)
Welcome to this adorable and well-maintained bungalow featuring 3 bedrooms and 1 full bath. This home offers a spacious and private primary bedroom retreat upstairs, with two additional bedrooms on the main level - perfect for guests, a home office, or growing families. The living space is warm and inviting with plenty of natural light, and the layout offers great flow throughout. Enjoy a bright kitchen with ample cabinet space and a cozy dining area for everyday meals or entertaining. Outside, you'll find a generous yard with room to garden, play, or relax.
-
2026-05-13price $96,000 568-char remark
Show marketing remark (568 chars)
Welcome to this adorable and well-maintained bungalow featuring 3 bedrooms and 1 full bath. This home offers a spacious and private primary bedroom retreat upstairs, with two additional bedrooms on the main level—perfect for guests, a home office, or growing families. The living space is warm and inviting with plenty of natural light, and the layout offers great flow throughout. Enjoy a bright kitchen with ample cabinet space and a cozy dining area for everyday meals or entertaining. Outside, you'll find a generous yard with room to garden, play, or relax.
-
2026-04-15price $99,900 564-char remark
Show marketing remark (568 chars)
Welcome to this adorable and well-maintained bungalow featuring 3 bedrooms and 1 full bath. This home offers a spacious and private primary bedroom retreat upstairs, with two additional bedrooms on the main level—perfect for guests, a home office, or growing families. The living space is warm and inviting with plenty of natural light, and the layout offers great flow throughout. Enjoy a bright kitchen with ample cabinet space and a cozy dining area for everyday meals or entertaining. Outside, you'll find a generous yard with room to garden, play, or relax.
-
2026-04-15price $99,900 568-char remark
Show marketing remark (568 chars)
Welcome to this adorable and well-maintained bungalow featuring 3 bedrooms and 1 full bath. This home offers a spacious and private primary bedroom retreat upstairs, with two additional bedrooms on the main level—perfect for guests, a home office, or growing families. The living space is warm and inviting with plenty of natural light, and the layout offers great flow throughout. Enjoy a bright kitchen with ample cabinet space and a cozy dining area for everyday meals or entertaining. Outside, you'll find a generous yard with room to garden, play, or relax.
-
2026-03-24price $105,000 564-char remark
Show marketing remark (564 chars)
Welcome to this adorable and well-maintained bungalow featuring 3 bedrooms and 1 full bath. This home offers a spacious and private primary bedroom retreat upstairs, with two additional bedrooms on the main level - perfect for guests, a home office, or growing families. The living space is warm and inviting with plenty of natural light, and the layout offers great flow throughout. Enjoy a bright kitchen with ample cabinet space and a cozy dining area for everyday meals or entertaining. Outside, you'll find a generous yard with room to garden, play, or relax.
-
2026-03-23price $105,000 568-char remark
Show marketing remark (568 chars)
Welcome to this adorable and well-maintained bungalow featuring 3 bedrooms and 1 full bath. This home offers a spacious and private primary bedroom retreat upstairs, with two additional bedrooms on the main level—perfect for guests, a home office, or growing families. The living space is warm and inviting with plenty of natural light, and the layout offers great flow throughout. Enjoy a bright kitchen with ample cabinet space and a cozy dining area for everyday meals or entertaining. Outside, you'll find a generous yard with room to garden, play, or relax.
-
2026-02-24price $110,000 564-char remark
Show marketing remark (564 chars)
Welcome to this adorable and well-maintained bungalow featuring 3 bedrooms and 1 full bath. This home offers a spacious and private primary bedroom retreat upstairs, with two additional bedrooms on the main level - perfect for guests, a home office, or growing families. The living space is warm and inviting with plenty of natural light, and the layout offers great flow throughout. Enjoy a bright kitchen with ample cabinet space and a cozy dining area for everyday meals or entertaining. Outside, you'll find a generous yard with room to garden, play, or relax.
-
2026-02-23price $110,000 568-char remark
Show marketing remark (568 chars)
Welcome to this adorable and well-maintained bungalow featuring 3 bedrooms and 1 full bath. This home offers a spacious and private primary bedroom retreat upstairs, with two additional bedrooms on the main level—perfect for guests, a home office, or growing families. The living space is warm and inviting with plenty of natural light, and the layout offers great flow throughout. Enjoy a bright kitchen with ample cabinet space and a cozy dining area for everyday meals or entertaining. Outside, you'll find a generous yard with room to garden, play, or relax.
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2026-02-06price $114,000 564-char remark
Show marketing remark (564 chars)
Welcome to this adorable and well-maintained bungalow featuring 3 bedrooms and 1 full bath. This home offers a spacious and private primary bedroom retreat upstairs, with two additional bedrooms on the main level - perfect for guests, a home office, or growing families. The living space is warm and inviting with plenty of natural light, and the layout offers great flow throughout. Enjoy a bright kitchen with ample cabinet space and a cozy dining area for everyday meals or entertaining. Outside, you'll find a generous yard with room to garden, play, or relax.
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2026-02-05price $114,000 568-char remark
Show marketing remark (568 chars)
Welcome to this adorable and well-maintained bungalow featuring 3 bedrooms and 1 full bath. This home offers a spacious and private primary bedroom retreat upstairs, with two additional bedrooms on the main level—perfect for guests, a home office, or growing families. The living space is warm and inviting with plenty of natural light, and the layout offers great flow throughout. Enjoy a bright kitchen with ample cabinet space and a cozy dining area for everyday meals or entertaining. Outside, you'll find a generous yard with room to garden, play, or relax.
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2025-12-08price $115,000 564-char remark
Show marketing remark (568 chars)
Welcome to this adorable and well-maintained bungalow featuring 3 bedrooms and 1 full bath. This home offers a spacious and private primary bedroom retreat upstairs, with two additional bedrooms on the main level—perfect for guests, a home office, or growing families. The living space is warm and inviting with plenty of natural light, and the layout offers great flow throughout. Enjoy a bright kitchen with ample cabinet space and a cozy dining area for everyday meals or entertaining. Outside, you'll find a generous yard with room to garden, play, or relax.
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2025-12-08price $115,000 568-char remark
Show marketing remark (568 chars)
Welcome to this adorable and well-maintained bungalow featuring 3 bedrooms and 1 full bath. This home offers a spacious and private primary bedroom retreat upstairs, with two additional bedrooms on the main level—perfect for guests, a home office, or growing families. The living space is warm and inviting with plenty of natural light, and the layout offers great flow throughout. Enjoy a bright kitchen with ample cabinet space and a cozy dining area for everyday meals or entertaining. Outside, you'll find a generous yard with room to garden, play, or relax.
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2025-10-20historical $1,120
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2025-10-02$120,000 Active 564-char remark
Show marketing remark (568 chars)
Welcome to this adorable and well-maintained bungalow featuring 3 bedrooms and 1 full bath. This home offers a spacious and private primary bedroom retreat upstairs, with two additional bedrooms on the main level—perfect for guests, a home office, or growing families. The living space is warm and inviting with plenty of natural light, and the layout offers great flow throughout. Enjoy a bright kitchen with ample cabinet space and a cozy dining area for everyday meals or entertaining. Outside, you'll find a generous yard with room to garden, play, or relax.
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2025-10-02$120,000 Active 568-char remark
Show marketing remark (568 chars)
Welcome to this adorable and well-maintained bungalow featuring 3 bedrooms and 1 full bath. This home offers a spacious and private primary bedroom retreat upstairs, with two additional bedrooms on the main level—perfect for guests, a home office, or growing families. The living space is warm and inviting with plenty of natural light, and the layout offers great flow throughout. Enjoy a bright kitchen with ample cabinet space and a cozy dining area for everyday meals or entertaining. Outside, you'll find a generous yard with room to garden, play, or relax.
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2025-09-12$1,120
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2025-01-02historical $1,070
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2024-12-11$1,070
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2018-08-28soldstatus $228,000
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2008-08-25soldstatus $12,500
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2008-05-14$14,900
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2007-01-10soldstatus $83,000
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2007-01-10soldstatus $130,000
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2006-08-16historical
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2006-02-16$96,500
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1997-08-20soldstatus $60,900
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1991-11-14soldstatus $35,900
ⓘ 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
- $2,905 · $242/mo
- Projected year-2 tax
- $2,905 · $242/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 ≥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
- $16,477
- − Mortgage interest
- −$5,377
- − Property taxes
- −$2,905
- − Insurance
- −$480
- − Repairs & maintenance
- −$1,318
- − Management
- −$1,318
- − Depreciation
- −$2,793
- Taxable income
- $2,286
- Est. tax owed @ 24.0%
- −$549
- After-tax cash flow
- $3,042/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)
- 34,187
- Household income
- $38,966
- Rent vs Own
- Severe rent burden
- 2121.0
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 (93%)
- Race & ethnicity
- Black 93% White 3% Two or more races 2%
- 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
- ▼ -91.80%
- Current HPI
- 235.0926
- Rent YoY
- ▲ 1.33%
- 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 |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
|
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| Automotive Technology | 1 | $20B |
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Price history
+167.4% since first listed27 events — show timeline
- 2026-05-14 Price Changed $96,000 MiRealSource-MiMLS
- 2026-05-13 Price Changed $96,000 REALCOMP
- 2026-04-15 Price Changed $99,900 MiRealSource-MiMLS
- 2026-04-15 Price Changed $99,900 REALCOMP
- 2026-03-24 Price Changed $105,000 MiRealSource-MiMLS
- 2026-03-23 Price Changed $105,000 REALCOMP
- 2026-02-24 Price Changed $110,000 MiRealSource-MiMLS
- 2026-02-23 Price Changed $110,000 REALCOMP
- 2026-02-06 Price Changed $114,000 MiRealSource-MiMLS
- 2026-02-05 Price Changed $114,000 REALCOMP
- 2025-12-08 Price Changed $115,000 MiRealSource-MiMLS
- 2025-12-08 Price Changed $115,000 REALCOMP
- 2025-10-20 Rental Removed $1,120 PROPERTYWARE
- 2025-10-02 Listed $120,000 REALCOMP
- 2025-10-02 Listed $120,000 MiRealSource-MiMLS
- 2025-09-12 Listed for Rent $1,120 PROPERTYWARE
- 2025-01-02 Rental Removed $1,070 PROPERTYWARE
- 2024-12-11 Listed for Rent $1,070 PROPERTYWARE
- 2018-08-28 Sold (Public Records) $228,000 Public Records
- 2008-08-25 Sold (MLS) $12,500 REALCOMP
- 2008-05-14 Listed $14,900 REALCOMP
- 2007-01-10 Sold (Public Records) $130,000 Public Records
- 2007-01-10 Sold (Public Records) $83,000 Public Records
- 2006-08-16 Listing Removed — REALCOMP
- 2006-02-16 Listed $96,500 REALCOMP
- 1997-08-20 Sold (Public Records) $60,900 Public Records
- 1991-11-14 Sold (Public Records) $35,900 Public Records
Property tax history
+9.5%/yrLatest (2025): $2,905 · -6.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…