8086 Emily St · Detroit, MI 48234

$52,000

3 bd · 1.0 ba · 1,111 sqft · SingleFamily public records · 62 Days on market

Built 1925 3,485 sqft lot $47/sqft · 10% above area Est $47k · 11% over ↓ 8% since listing

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +4.2/5.0
• Livability +3.7/5.0
• ARV discount +2.5/15.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

Key facts

• Separate entrance
• 3,485 sq ft lot
• Garage

Tags

• SEPARATE ENTRANCE

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $52k.

Deal economics

• At list price, monthly cash flow is $657 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $52k).
• Recommended offer: $49k (6.0% below list) — sets the bar for market timing.
• Cap rate 21.5% vs local median 10.0% in Detroit — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

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); 227 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 44% of the median local income ($35k/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 $360 of loan paydown is wiped out by about $2k 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 $15k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 62 days — a 6% lower offer ($49k) is reasonable based on typical stale-listing flexibility.
• 14 sale attempts; this cycle's ask has dropped $18k (26%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $48,880 (6.0% below list)

Questions for the listing agent

1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1925 — 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: 2.48% ✓
• Cap rate: 21.46%
• Cash-on-cash: 54.16%
• DSCR: 3.41
• GRM: 3.4

CMA / ARV

• ARV (median comp): $46,833
• List price: $52,000
• Delta: 11.03%
• 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
8245 E Hildale St	0.22mi	3/1.0	1,028 (-8%)	3mo	$45,000	$44	74
8175 House St	0.50mi	3/1.0	1,160 (+4%)	1mo	$100,000	$86	68
8154 Quinn St	0.22mi	3/1.0	1,015 (-9%)	9mo	$22,000	$22	68
17650 Beland St	0.72mi	3/1.5	1,094 (-2%)	2mo	$67,000	$61	60
18696 Blackmoor St	0.56mi	3/1.0	1,010 (-9%)	0mo	$77,500	$77	58
6732 Varjo St	0.57mi	3/1.0	1,168 (+5%)	9mo	$73,500	$63	57
7505 E Robinwood St	0.40mi	4/2.0 (+1)	1,000 (-10%)	3mo	$140,500	$141	53
19161 Rogge St	0.62mi	3/1.0	1,001 (-10%)	8mo	$46,500	$46	48
18009 Beland St	0.65mi	3/2.0	1,200 (+8%)	5mo	$102,000	$85	48
6721 Buhr St	0.61mi	2/2.0 (-1)	1,212 (+9%)	1mo	$95,000	$78	46
18431 Teppert St	0.71mi	4/1.0 (+1)	1,200 (+8%)	2mo	$67,500	$56	46
18665 Helen St	0.54mi	3/2.0	1,248 (+12%)	9mo	$98,000	$79	43

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: 56.5%
• Equity multiple: 3.64×
• Total profit: $38,452
• Equity at exit: $7,753

10-year hold

• IRR: 62.8%
• Equity multiple: 8.53×
• Total profit: $109,625
• Equity at exit: $4,496

Cash invested: $14,560 (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 48234

• Home prices YoY: -11.9%
• Rents YoY: 6.7%
• Active inventory: 227
• Price-to-rent: 3.4×

Monthly cashflow live

• Estimated rent: $1,289 high
• Mortgage (P&I): −$273
• Tax from tax record: −$66 /mo · $797/yr
• Insurance: −$22
• HOA: −$0
• Vacancy / Maint / Mgmt: −$271
• Net cashflow: $657

Break-even live

Break-even rent $457

Max offer price $52,000

Occupancy floor 44%

Sensitivity live

Price	-10% $687	-5% $672	+0% $657	+5% $642	+10% $628
Rent	-10% $555	-5% $606	+0% $657	+5% $708	+10% $759
Rate	-1.0pp $683	-0.5pp $670	base $657	+0.5pp $644	+1.0pp $630

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: $13,000
• Closing costs: $1,560
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7533 Quinn St Unit 1 Detroit, MI	2.0	1.0	700	$850	$1.21	45d	1	0.33mi
19171 Cliff St Detroit, MI	3.0	1.0	1000	$1,200	$1.20	18d	1	0.59mi
18431 Teppert St Detroit, MI	4.0	1.0	1200	$1,400	$1.17	3d	1	0.70mi
7600 Dobel St Detroit, MI	3.0	1.0	1234	$1,400	$1.13	18d	1	0.83mi
11513 Greiner St Unit 11521 Greiner Detroit, MI	2.0	1.0	942	$1,050	$1.11	45d	1	0.87mi
19691 Cliff St #1 Detroit, MI	2.0	1.0	850	$1,000	$1.18	0d	1	0.91mi
19682 Rogge St Detroit, MI	3.0	1.0	1000	$1,350	$1.35	0d	1	0.91mi
11074 Kennebec St Detroit, MI	3.0	1.0	1200	$1,350	$1.12	45d	1	1.01mi
17241 Rowe St Detroit, MI	3.0	1.5	1316	$1,450	$1.10	18d	1	1.04mi
20042 Rogge St Detroit, MI	4.0	2.0	1232	$1,394	$1.13	45d	1	1.12mi
17851 Strasburg St Detroit, MI	3.0	1.0	1079	$1,100	$1.02	18d	1	1.21mi
19415 Gable St Detroit, MI	3.0	1.0	1000	$1,373	$1.37	25d	1	1.27mi
11700 Engleside St Detroit, MI	3.0	1.0	1000	$1,175	$1.18	45d	1	1.28mi
11785 Nashville St Detroit, MI	3.0	2.0	1360	$1,450	$1.07	5d	1	1.34mi
18681 Barlow St Detroit, MI	3.0	1.0	1041	$1,400	$1.34	25d	1	1.35mi
11760 Nashville St Detroit, MI	3.0	1.0	1200	$1,250	$1.04	18d	1	1.36mi
18703 Waltham St Detroit, MI	2.0	1.0	1000	$1,100	$1.10	45d	1	1.41mi
18884 Bloom St Detroit, MI	3.0	1.0	979	$975	$1.00	23d	1	1.42mi
18884 Bloom St Detroit, MI	3.0	1.0	979	$975	$1.00	45d	1	1.42mi
18677 Moenart St Detroit, MI	2.0	1.0	1470	$1,200	$0.82	45d	1	1.47mi
19260 Bloom St Detroit, MI	3.0	1.0	1100	$1,350	$1.23	6d	1	1.48mi
8285 Rivard Ave Warren, MI	3.0	1.0	902	$1,549	$1.72	25d	1	1.49mi
18891 Moenart St Detroit, MI	3.0	1.0	870	$1,195	$1.37	18d	1	1.49mi
18891 Moenart St Detroit, MI	3.0	1.0	1150	$1,250	$1.09	0d	1	1.49mi

Listing history 36 events

1. 2026-06-04
   status $52,000 Pending 62 DOM
2. 2026-06-03
   days on market $52,000 Active 62 DOM
3. 2026-06-02
   days on market $52,000 Active 61 DOM
4. 2026-06-01
   days on market $52,000 Active 60 DOM
5. 2026-05-31
   days on market $52,000 Active 59 DOM
6. 2026-05-12
   status Pending 621-char remark

   Show marketing remark (621 chars)

   Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

7. 2026-05-12
   status Pending 621-char remark

   Show marketing remark (621 chars)

   Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

8. 2026-05-12
   status Pending

   Show marketing remark (621 chars)

   Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

9. 2026-05-12
   status Pending

   Show marketing remark (621 chars)

   Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

10. 2026-04-27
    price $64,000

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

11. 2026-04-27
    price $64,000

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

12. 2026-04-27
    price $64,000 621-char remark

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

13. 2026-04-27
    price $64,000 621-char remark

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

14. 2026-04-11
    status Active 621-char remark

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

15. 2026-04-11
    status Active 621-char remark

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

16. 2026-04-11
    status Active

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

17. 2026-04-11
    status Active

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

18. 2026-04-07
    status Pending 621-char remark

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

19. 2026-04-07
    status Pending 621-char remark

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

20. 2026-04-06
    status Pending
21. 2026-04-06
    status Pending
22. 2026-03-31
    status Active 621-char remark

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

23. 2026-03-31
    status Active 621-char remark

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

24. 2026-03-27
    historical 621-char remark

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

25. 2026-03-27
    historical 621-char remark

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

26. 2026-03-25
    status Active 621-char remark

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

27. 2026-03-25
    status Active 621-char remark

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

28. 2026-03-25
    status Active

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

29. 2026-03-25
    status Active

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

30. 2026-03-02
    historical 621-char remark

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

31. 2026-03-02
    historical

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

32. 2026-03-02
    historical

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

33. 2026-02-17
    listed $69,900 Active 621-char remark

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

34. 2026-02-17
    listed $69,900 Active 621-char remark

    Show marketing remark (621 chars)

    Investor Special! Don't miss your chance to flip this home or use as a rental! Comps came up in the 60s and 70s for this neighborhood! Single residence, but could be 2-flat with modifications. Upstairs has separate entrance, liv room, bedroom, kitchen, and full bath. Downstairs has 2 bedrooms, dining room, living room, full bath, and kitchen. Only one set of utilities. Furnace 5yrs old, Water heater 2yrs. Needs new roof and accompanying work (chimney, soffit). All known issues were fixed/maintained immediately by homeowner. Home is clean and organized. Also listed as Multi-family in MLS. Property being sold AS IS.

35. 2026-02-16
    listed $69,900 Active
36. 2026-02-16
    listed $69,900 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: $797 · $66/mo
• Projected year-2 tax: $799 · $67/mo
• Expected delta: +$2/yr ($0/mo · 0.2%)

ⓘ 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 ≥97°F today · 14 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: $15,462
• − Mortgage interest: −$2,913
• − Property taxes: −$797
• − Insurance: −$260
• − Repairs & maintenance: −$1,237
• − Management: −$1,237
• − Depreciation: −$1,513
• Taxable income: $7,506
• Est. tax owed @ 24.0%: −$1,801
• After-tax cash flow: $6,084/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
▸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

-8.4% since first listed

31 events — show timeline

• 2026-05-12 Pending — REALCOMP
• 2026-05-12 Pending — REALCOMP
• 2026-05-12 Pending — MiRealSource-MiMLS
• 2026-05-12 Pending — MiRealSource-MiMLS
• 2026-04-27 Price Changed $64,000 MiRealSource-MiMLS
• 2026-04-27 Price Changed $64,000 MiRealSource-MiMLS
• 2026-04-27 Price Changed $64,000 REALCOMP
• 2026-04-27 Price Changed $64,000 REALCOMP
• 2026-04-11 Relisted — REALCOMP
• 2026-04-11 Relisted — REALCOMP
• 2026-04-11 Relisted — MiRealSource-MiMLS
• 2026-04-11 Relisted — MiRealSource-MiMLS
• 2026-04-07 Pending — REALCOMP
• 2026-04-07 Pending — REALCOMP
• 2026-04-06 Pending — MiRealSource-MiMLS
• 2026-04-06 Pending — MiRealSource-MiMLS
• 2026-03-31 Relisted — REALCOMP
• 2026-03-31 Relisted — REALCOMP
• 2026-03-27 Listing Removed — REALCOMP
• 2026-03-27 Listing Removed — REALCOMP
• 2026-03-25 Relisted — REALCOMP
• 2026-03-25 Relisted — REALCOMP
• 2026-03-25 Relisted — MiRealSource-MiMLS
• 2026-03-25 Relisted — MiRealSource-MiMLS
• 2026-03-02 Listing Removed — MiRealSource-MiMLS
• 2026-03-02 Listing Removed — MiRealSource-MiMLS
• 2026-03-02 Listing Removed — REALCOMP
• 2026-02-17 Listed $69,900 REALCOMP
• 2026-02-17 Listed $69,900 REALCOMP
• 2026-02-16 Listed $69,900 MiRealSource-MiMLS
• 2026-02-16 Listed $69,900 MiRealSource-MiMLS

Property tax history

-3.1%/yr

Latest (2025): $797 · -36.2% YoY. Source: county tax records.