8045 Cadillac Ave · Warren, MI 48089

$104,900

2 bd · 1.0 ba · 1,054 sqft · SingleFamily public records · 46 Days on market

Built 1940 0.25 ac lot $100/sqft · at area comps Est $100k · at est.

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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 +21.5/30.0
• 1% rule +7.3/10.0
• DSCR +6.9/10.0
• ARV discount +5.4/15.0
• Livability +3.7/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming ranch ideally located near 9 Mile Rd and Van Dyke Ave, on a 0.25 acre lot! Enjoy convenient access to shopping, schools, the Warren Public Library, and nearby parks. This home features two spacious bedrooms and a generously sized living room, perfect for comfortable everyday living. The open kitchen showcases attractive vinyl flooring, while cozy carpeting throughout the living room and bedrooms adds warmth and comfort. A full bathroom with a bathtub adds to the home's functionality. All appliances are included with the sale, adding convenience and value. Step outside to a large backyard, ideal for relaxing or entertaining. An excellent opportunity for investors, offering strong potential for immediate rental income, previously rented at $1,200 per month. It is also a great option for buyers seeking affordability in a convenient location. Property taxes are currently non-homestead.

Key facts

• Large backyard
• Nearby parks
• 0.25 acre lot

Tags

• 0.25 ACRE LOT
• CONVENIENT ACCESS TO SHOPPING
• NEARBY PARKS
• OPEN KITCHEN
• LARGE BACKYARD
• ALL APPLIANCES INCLUDED

Property features AI

Exterior

• Parking: Driveway (no garage)
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One level; Ground-level entry with steps; Vinyl siding
• Construction: Vinyl siding construction
• Exterior features: Front porch; Paved road access

Interior

• Kitchen: Free-standing electric oven and range; Free-standing refrigerator
• Bedrooms: 4 total rooms (includes bedrooms and living spaces)
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); Has heating; No central cooling
• Interior features: Exhaust fan; Crawl space basement
• Laundry & utility: Washer and dryer included; Washer hookup; Electric dryer hookup; Gas water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $158 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $105k).
• Recommended offer: $102k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.1% vs local median 5.3% in Warren — 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 74/100 on livability (#171 in MI, #4,491 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D, amenities D, employment D.
• Van Dyke Public Schools (urban): math 7% / reading 19% proficiency, ranked #512 of 540 in MI (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.9%/yr); 160 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 1,321 units permitted in Macomb County in 2024 (86 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $725 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Macomb County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 46 days — a 3% lower offer ($102k) is reasonable based on typical stale-listing flexibility.
• 20 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 $85k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 3.0% of price; built in 1940 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $101,753 (3.0% below list)

Questions for the listing agent

1. It's been on market 46 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 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-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 D 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: 1.23% ✓
• Cap rate: 8.10%
• Cash-on-cash: 6.44%
• DSCR: 1.29
• GRM: 6.8

CMA / ARV

• ARV (median comp): $100,256
• List price: $104,900
• Delta: 4.63%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7035 Dodge Ave	0.32mi	3/1.0 (+1)	1,056 (+0%)	1mo	$84,000	$80	78
7259 Packard Ave	0.27mi	3/1.5 (+1)	1,089 (+3%)	2mo	$160,000	$147	73
8420 Republic Ave	0.39mi	3/1.0 (+1)	1,015 (-4%)	2mo	$150,000	$148	69
8654 Continental Ave	0.49mi	3/1.0 (+1)	1,008 (-4%)	1mo	$103,000	$102	64
8434 Orchard Ave	0.51mi	3/1.0 (+1)	1,012 (-4%)	1mo	$125,000	$124	63
8659 Essex Ave	0.64mi	3/1.0 (+1)	1,034 (-2%)	2mo	$150,000	$145	61
11245 Hudson Ave	0.72mi	3/1.0 (+1)	996 (-6%)	2mo	$72,500	$73	51
6871 Lozier Ave	0.51mi	3/1.0 (+1)	930 (-12%)	2mo	$100,000	$108	50
8725 Packard Ave	0.51mi	3/1.0 (+1)	925 (-12%)	2mo	$135,000	$146	50
7535 Meadow Ave	0.49mi	3/1.5 (+1)	935 (-11%)	2mo	$125,000	$134	50
8441 Fisher Ave	0.75mi	3/1.0 (+1)	992 (-6%)	2mo	$125,000	$126	48
7027 Chalmers Ave	0.44mi	3/1.0 (+1)	900 (-15%)	3mo	$79,000	$88	48

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 · 2.94% rent growth · sell at horizon

5-year hold

• IRR: -6.4%
• Equity multiple: 0.76×
• Total profit: $-6,939
• Equity at exit: $15,641

10-year hold

• IRR: 3.3%
• Equity multiple: 1.24×
• Total profit: $6,975
• Equity at exit: $9,070

Cash invested: $29,372 (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 48089

• Rents YoY: 2.9%
• Active inventory: 160
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,287 high
• Mortgage (P&I): −$550
• Tax from tax record: −$266 /mo · $3,187/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$270
• Net cashflow: $158

Break-even live

Break-even rent $1,088

Max offer price $104,900

Occupancy floor 83%

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: $26,225
• Closing costs: $3,147
• Reserves months: —
• Total cash needed: —

Rent comps 39 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7568 Hudson Ave Unit 2 Warren, MI	2.0	1.0	1415	$900	$0.64	5d	1	0.24mi
7568 Hudson Ave Unit 1 Warren, MI	3.0	1.0	1415	$1,100	$0.78	5d	1	0.24mi
8251 Hudson Ave Warren, MI	3.0	1.0	908	$1,400	$1.54	24d	1	0.27mi
7275 Chalmers Ave Warren, MI	2.0	1.0	703	$1,200	$1.71	24d	1	0.34mi
7511 Toepfer Rd Warren, MI	3.0	1.0	1032	$1,199	$1.16	22d	1	0.38mi
8509 Paige Ave Warren, MI	3.0	1.0	950	$1,300	$1.37	24d	1	0.42mi
8212 Timken Ave Warren, MI	2.0	1.0	756	$1,320	$1.75	24d	1	0.43mi
8125 Timken Ave Warren, MI	3.0	1.0	948	$1,270	$1.34	5d	1	0.44mi
8162 Orchard Ave Warren, MI	2.0	1.0	900	$1,000	$1.11	44d	1	0.45mi
8065 Meadow Ave Warren, MI	2.0	1.0	800	$1,050	$1.31	24d	1	0.47mi
8428 Timken Ave Warren, MI	3.0	1.0	860	$1,250	$1.45	24d	1	0.49mi
8632 Studebaker Ave Warren, MI	3.0	1.0	761	$1,300	$1.71	3d	1	0.50mi
8636 Republic Ave Warren, MI	2.0	1.0	800	$1,250	$1.56	15d	1	0.52mi
8693 Paige Ave Warren, MI	3.0	1.0	900	$1,300	$1.44	24d	1	0.52mi
7256 Ready Ave Warren, MI	3.0	2.0	1300	$1,500	$1.15	24d	1	0.53mi
8640 Chalmers Ave Warren, MI	3.0	1.0	804	$1,423	$1.77	24d	1	0.53mi
7043 Meadow Ave Warren, MI	2.0	1.0	911	$1,274	$1.40	44d	1	0.54mi
8707 Continental Ave Warren, MI	3.0	1.0	968	$1,200	$1.24	18d	1	0.56mi
8707 Continental Ave Warren, MI	3.0	1.0	1100	$1,200	$1.09	5d	1	0.56mi
7060 Victory Ave Warren, MI	3.0	1.0	945	$1,450	$1.53	11d	1	0.61mi
11099 Dodge Ave Warren, MI	2.0	1.0	1190	$1,150	$0.97	20d	1	0.64mi
11076 Hudson Ave Warren, MI	3.0	1.0	936	$1,395	$1.49	3d	1	0.65mi
8716 Timken Ave Warren, MI	3.0	1.0	1008	$1,400	$1.39	24d	1	0.65mi
8242 Jackson Ave Warren, MI	3.0	1.0	840	$1,198	$1.43	44d	1	0.80mi
11359 Maxwell Ave Unit 11359 Warren, MI	2.0	1.0	900	$1,000	$1.11	4d	1	0.80mi
11319 Chalmers Ave Warren, MI	3.0	1.0	975	$1,500	$1.54	24d	1	0.82mi
11331 Continental Ave Warren, MI	2.0	1.0	765	$1,250	$1.63	24d	1	0.82mi
11332 Republic Ave Warren, MI	3.0	1.0	1140	$1,500	$1.32	24d	1	0.83mi
8285 Rivard Ave Warren, MI	3.0	1.0	902	$1,549	$1.72	24d	1	0.84mi
11130 Stephens Rd Warren, MI	2.0	1.0	750	$1,300	$1.73	44d	1	0.90mi
11228 Sherman Ave Warren, MI	2.0	1.0	1000	$1,200	$1.20	13d	1	0.94mi
11377 Sherman Ave Warren, MI	3.0	1.0	1200	$1,400	$1.17	24d	1	1.03mi
22622 Panama Ave Warren, MI	3.0	1.5	920	$1,395	$1.52	11d	1	1.16mi
21456 Syracuse Ave Warren, MI	3.0	1.0	1160	$1,595	$1.38	44d	1	1.17mi
21456 Syracuse Ave Warren, MI	3.0	1.0	1152	$1,595	$1.38	2d	1	1.17mi
21465 Syracuse Ave Warren, MI	3.0	1.0	990	$1,375	$1.39	44d	1	1.19mi
25005 Lawrence Ave Center Line, MI	1.0–2.0	1.0–1.5	1000	$955	$0.95	44d	1	1.20mi
21410 Panama St Warren, MI	3.0	1.0	900	$1,600	$1.78	24d	1	1.29mi
19691 Cliff St #1 Detroit, MI	2.0	1.0	850	$1,050	$1.24	5d	1	1.45mi

Listing history 50 events

1. 2026-06-18
   days on market $104,900 Active 46 DOM
2. 2026-06-17
   days on market $104,900 Active 45 DOM
3. 2026-06-16
   days on market $104,900 Active 44 DOM
4. 2026-06-15
   days on market $104,900 Active 43 DOM
5. 2026-06-13
   days on market $104,900 Active 41 DOM
6. 2026-06-13
   days on market $104,900 Active 40 DOM
7. 2026-06-09
   days on market $104,900 Active 37 DOM
8. 2026-06-08
   days on market $104,900 Active 36 DOM
9. 2026-06-07
   pricedays on market $104,900 Active 35 DOM

   Show marketing remark (903 chars)

   Charming ranch ideally located near 9 Mile Rd and Van Dyke Ave, on a 0.25 acre lot! Enjoy convenient access to shopping, schools, the Warren Public Library, and nearby parks. This home features two spacious bedrooms and a generously sized living room, perfect for comfortable everyday living. The open kitchen showcases attractive vinyl flooring, while cozy carpeting throughout the living room and bedrooms adds warmth and comfort. A full bathroom with a bathtub adds to the home's functionality. All appliances are included with the sale, adding convenience and value. Step outside to a large backyard, ideal for relaxing or entertaining. An excellent opportunity for investors, offering strong potential for immediate rental income, previously rented at $1,200 per month. It is also a great option for buyers seeking affordability in a convenient location. Property taxes are currently non-homestead.

10. 2026-06-04
    days on market $109,500 Active 32 DOM
11. 2026-06-03
    days on market $109,500 Active 31 DOM
12. 2026-06-02
    days on market $109,500 Active 30 DOM
13. 2026-06-01
    days on market $109,500 Active 29 DOM
14. 2026-05-31
    days on market $109,500 Active 28 DOM
15. 2026-05-03
    listed $109,500 Active 909-char remark

    Show marketing remark (903 chars)

    Charming ranch ideally located near 9 Mile Rd and Van Dyke Ave, on a 0.25 acre lot! Enjoy convenient access to shopping, schools, the Warren Public Library, and nearby parks. This home features two spacious bedrooms and a generously sized living room, perfect for comfortable everyday living. The open kitchen showcases attractive vinyl flooring, while cozy carpeting throughout the living room and bedrooms adds warmth and comfort. A full bathroom with a bathtub adds to the home's functionality. All appliances are included with the sale, adding convenience and value. Step outside to a large backyard, ideal for relaxing or entertaining. An excellent opportunity for investors, offering strong potential for immediate rental income, previously rented at $1,200 per month. It is also a great option for buyers seeking affordability in a convenient location. Property taxes are currently non-homestead.

16. 2026-05-03
    listed $109,500 Active 903-char remark

    Show marketing remark (903 chars)

    Charming ranch ideally located near 9 Mile Rd and Van Dyke Ave, on a 0.25 acre lot! Enjoy convenient access to shopping, schools, the Warren Public Library, and nearby parks. This home features two spacious bedrooms and a generously sized living room, perfect for comfortable everyday living. The open kitchen showcases attractive vinyl flooring, while cozy carpeting throughout the living room and bedrooms adds warmth and comfort. A full bathroom with a bathtub adds to the home's functionality. All appliances are included with the sale, adding convenience and value. Step outside to a large backyard, ideal for relaxing or entertaining. An excellent opportunity for investors, offering strong potential for immediate rental income, previously rented at $1,200 per month. It is also a great option for buyers seeking affordability in a convenient location. Property taxes are currently non-homestead.

17. 2025-07-17
    historical $1,200
18. 2025-07-15
    listed $1,200
19. 2025-07-14
    historical $1,200
20. 2025-06-17
    listed $1,200
21. 2022-06-16
    soldstatus $85,000
22. 2022-06-07
    soldstatus $85,000 Sold

    Show marketing remark (495 chars)

    TENANT OCCUPIED PAYING $1,025 AND PROFESSIONALLY MANAGED BY BOKANI PROPERTY MANAGEMENT GROUP. THE LEASE EXPIRES NOVEMBER 30,2022. PLEASE DON'T APPROACH THE PROPERTY. SHOWING WILL BE SCHEDULED WITH AN ACCEPTED OFFER. APPLIANCES WILL STAY WITH THE PROPERTY. MANY UPDATES HAVE BEEN DONE TO THE PROPERTY IN THE PAST FEW YEARS INCLUDING NEW ROOF (2019), NEW DRIVEWAY AND PORCH AND STEPS (2019), NEW PAINT (2019) AND NEW INSULATION IN ATTIC SPACE (2022). PICTURE ARE TAKEN PRIOR TO THE TENANT MOVE IN.

23. 2022-06-07
    soldstatus $85,000 Closed

    Show marketing remark (495 chars)

    TENANT OCCUPIED PAYING $1,025 AND PROFESSIONALLY MANAGED BY BOKANI PROPERTY MANAGEMENT GROUP. THE LEASE EXPIRES NOVEMBER 30,2022. PLEASE DON'T APPROACH THE PROPERTY. SHOWING WILL BE SCHEDULED WITH AN ACCEPTED OFFER. APPLIANCES WILL STAY WITH THE PROPERTY. MANY UPDATES HAVE BEEN DONE TO THE PROPERTY IN THE PAST FEW YEARS INCLUDING NEW ROOF (2019), NEW DRIVEWAY AND PORCH AND STEPS (2019), NEW PAINT (2019) AND NEW INSULATION IN ATTIC SPACE (2022). PICTURE ARE TAKEN PRIOR TO THE TENANT MOVE IN.

24. 2022-05-21
    status Pending

    Show marketing remark (495 chars)

    TENANT OCCUPIED PAYING $1,025 AND PROFESSIONALLY MANAGED BY BOKANI PROPERTY MANAGEMENT GROUP. THE LEASE EXPIRES NOVEMBER 30,2022. PLEASE DON'T APPROACH THE PROPERTY. SHOWING WILL BE SCHEDULED WITH AN ACCEPTED OFFER. APPLIANCES WILL STAY WITH THE PROPERTY. MANY UPDATES HAVE BEEN DONE TO THE PROPERTY IN THE PAST FEW YEARS INCLUDING NEW ROOF (2019), NEW DRIVEWAY AND PORCH AND STEPS (2019), NEW PAINT (2019) AND NEW INSULATION IN ATTIC SPACE (2022). PICTURE ARE TAKEN PRIOR TO THE TENANT MOVE IN.

25. 2022-05-21
    status Pending

    Show marketing remark (495 chars)

    TENANT OCCUPIED PAYING $1,025 AND PROFESSIONALLY MANAGED BY BOKANI PROPERTY MANAGEMENT GROUP. THE LEASE EXPIRES NOVEMBER 30,2022. PLEASE DON'T APPROACH THE PROPERTY. SHOWING WILL BE SCHEDULED WITH AN ACCEPTED OFFER. APPLIANCES WILL STAY WITH THE PROPERTY. MANY UPDATES HAVE BEEN DONE TO THE PROPERTY IN THE PAST FEW YEARS INCLUDING NEW ROOF (2019), NEW DRIVEWAY AND PORCH AND STEPS (2019), NEW PAINT (2019) AND NEW INSULATION IN ATTIC SPACE (2022). PICTURE ARE TAKEN PRIOR TO THE TENANT MOVE IN.

26. 2022-05-17
    historical Accepting Backup Offers

    Show marketing remark (495 chars)

    TENANT OCCUPIED PAYING $1,025 AND PROFESSIONALLY MANAGED BY BOKANI PROPERTY MANAGEMENT GROUP. THE LEASE EXPIRES NOVEMBER 30,2022. PLEASE DON'T APPROACH THE PROPERTY. SHOWING WILL BE SCHEDULED WITH AN ACCEPTED OFFER. APPLIANCES WILL STAY WITH THE PROPERTY. MANY UPDATES HAVE BEEN DONE TO THE PROPERTY IN THE PAST FEW YEARS INCLUDING NEW ROOF (2019), NEW DRIVEWAY AND PORCH AND STEPS (2019), NEW PAINT (2019) AND NEW INSULATION IN ATTIC SPACE (2022). PICTURE ARE TAKEN PRIOR TO THE TENANT MOVE IN.

27. 2022-05-17
    historical Accepting Backup Offers

    Show marketing remark (495 chars)

    TENANT OCCUPIED PAYING $1,025 AND PROFESSIONALLY MANAGED BY BOKANI PROPERTY MANAGEMENT GROUP. THE LEASE EXPIRES NOVEMBER 30,2022. PLEASE DON'T APPROACH THE PROPERTY. SHOWING WILL BE SCHEDULED WITH AN ACCEPTED OFFER. APPLIANCES WILL STAY WITH THE PROPERTY. MANY UPDATES HAVE BEEN DONE TO THE PROPERTY IN THE PAST FEW YEARS INCLUDING NEW ROOF (2019), NEW DRIVEWAY AND PORCH AND STEPS (2019), NEW PAINT (2019) AND NEW INSULATION IN ATTIC SPACE (2022). PICTURE ARE TAKEN PRIOR TO THE TENANT MOVE IN.

28. 2022-04-28
    status Active

    Show marketing remark (495 chars)

    TENANT OCCUPIED PAYING $1,025 AND PROFESSIONALLY MANAGED BY BOKANI PROPERTY MANAGEMENT GROUP. THE LEASE EXPIRES NOVEMBER 30,2022. PLEASE DON'T APPROACH THE PROPERTY. SHOWING WILL BE SCHEDULED WITH AN ACCEPTED OFFER. APPLIANCES WILL STAY WITH THE PROPERTY. MANY UPDATES HAVE BEEN DONE TO THE PROPERTY IN THE PAST FEW YEARS INCLUDING NEW ROOF (2019), NEW DRIVEWAY AND PORCH AND STEPS (2019), NEW PAINT (2019) AND NEW INSULATION IN ATTIC SPACE (2022). PICTURE ARE TAKEN PRIOR TO THE TENANT MOVE IN.

29. 2022-04-28
    status Active

    Show marketing remark (495 chars)

    TENANT OCCUPIED PAYING $1,025 AND PROFESSIONALLY MANAGED BY BOKANI PROPERTY MANAGEMENT GROUP. THE LEASE EXPIRES NOVEMBER 30,2022. PLEASE DON'T APPROACH THE PROPERTY. SHOWING WILL BE SCHEDULED WITH AN ACCEPTED OFFER. APPLIANCES WILL STAY WITH THE PROPERTY. MANY UPDATES HAVE BEEN DONE TO THE PROPERTY IN THE PAST FEW YEARS INCLUDING NEW ROOF (2019), NEW DRIVEWAY AND PORCH AND STEPS (2019), NEW PAINT (2019) AND NEW INSULATION IN ATTIC SPACE (2022). PICTURE ARE TAKEN PRIOR TO THE TENANT MOVE IN.

30. 2022-04-18
    historical Accepting Backup Offers

    Show marketing remark (495 chars)

    TENANT OCCUPIED PAYING $1,025 AND PROFESSIONALLY MANAGED BY BOKANI PROPERTY MANAGEMENT GROUP. THE LEASE EXPIRES NOVEMBER 30,2022. PLEASE DON'T APPROACH THE PROPERTY. SHOWING WILL BE SCHEDULED WITH AN ACCEPTED OFFER. APPLIANCES WILL STAY WITH THE PROPERTY. MANY UPDATES HAVE BEEN DONE TO THE PROPERTY IN THE PAST FEW YEARS INCLUDING NEW ROOF (2019), NEW DRIVEWAY AND PORCH AND STEPS (2019), NEW PAINT (2019) AND NEW INSULATION IN ATTIC SPACE (2022). PICTURE ARE TAKEN PRIOR TO THE TENANT MOVE IN.

31. 2022-04-18
    historical Accepting Backup Offers

    Show marketing remark (495 chars)

    TENANT OCCUPIED PAYING $1,025 AND PROFESSIONALLY MANAGED BY BOKANI PROPERTY MANAGEMENT GROUP. THE LEASE EXPIRES NOVEMBER 30,2022. PLEASE DON'T APPROACH THE PROPERTY. SHOWING WILL BE SCHEDULED WITH AN ACCEPTED OFFER. APPLIANCES WILL STAY WITH THE PROPERTY. MANY UPDATES HAVE BEEN DONE TO THE PROPERTY IN THE PAST FEW YEARS INCLUDING NEW ROOF (2019), NEW DRIVEWAY AND PORCH AND STEPS (2019), NEW PAINT (2019) AND NEW INSULATION IN ATTIC SPACE (2022). PICTURE ARE TAKEN PRIOR TO THE TENANT MOVE IN.

32. 2022-04-12
    listed $90,000 Active

    Show marketing remark (495 chars)

    TENANT OCCUPIED PAYING $1,025 AND PROFESSIONALLY MANAGED BY BOKANI PROPERTY MANAGEMENT GROUP. THE LEASE EXPIRES NOVEMBER 30,2022. PLEASE DON'T APPROACH THE PROPERTY. SHOWING WILL BE SCHEDULED WITH AN ACCEPTED OFFER. APPLIANCES WILL STAY WITH THE PROPERTY. MANY UPDATES HAVE BEEN DONE TO THE PROPERTY IN THE PAST FEW YEARS INCLUDING NEW ROOF (2019), NEW DRIVEWAY AND PORCH AND STEPS (2019), NEW PAINT (2019) AND NEW INSULATION IN ATTIC SPACE (2022). PICTURE ARE TAKEN PRIOR TO THE TENANT MOVE IN.

33. 2022-04-12
    listed $90,000 Active

    Show marketing remark (495 chars)

    TENANT OCCUPIED PAYING $1,025 AND PROFESSIONALLY MANAGED BY BOKANI PROPERTY MANAGEMENT GROUP. THE LEASE EXPIRES NOVEMBER 30,2022. PLEASE DON'T APPROACH THE PROPERTY. SHOWING WILL BE SCHEDULED WITH AN ACCEPTED OFFER. APPLIANCES WILL STAY WITH THE PROPERTY. MANY UPDATES HAVE BEEN DONE TO THE PROPERTY IN THE PAST FEW YEARS INCLUDING NEW ROOF (2019), NEW DRIVEWAY AND PORCH AND STEPS (2019), NEW PAINT (2019) AND NEW INSULATION IN ATTIC SPACE (2022). PICTURE ARE TAKEN PRIOR TO THE TENANT MOVE IN.

34. 2019-08-05
    soldstatus $35,000 Closed
35. 2019-08-05
    soldstatus $35,000
36. 2019-07-11
    status Pending
37. 2019-07-02
    price $39,900
38. 2019-06-19
    listed $49,900 Active
39. 2019-06-19
    listed $39,900
40. 2013-02-15
    historical
41. 2013-02-12
    soldstatus $10,500
42. 2013-02-07
    historical
43. 2012-10-09
    listed $12,000
44. 2012-09-21
    listed $12,000
45. 2010-04-04
    historical
46. 2010-04-03
    historical
47. 2008-11-04
    listed $76,000
48. 2008-11-04
    listed $76,000
49. 2008-10-28
    historical
50. 2008-04-28
    listed $76,000

ⓘ 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: $3,187 · $266/mo
• Projected year-2 tax: $3,187 · $266/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 ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,448
• − Mortgage interest: −$5,876
• − Property taxes: −$3,187
• − Insurance: −$524
• − Repairs & maintenance: −$1,236
• − Management: −$1,236
• − Depreciation: −$3,052
• Taxable income: $337
• Est. tax owed @ 24.0%: −$81
• After-tax cash flow: $1,810/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: Van Dyke Public Schools
• NCES district ID: 2634680
• Math proficiency: 7% ▼ -11.00%
• Reading proficiency: 19% ▼ -5.00%
• Median HH income: $33,231
• Composite: 10.46/100
• National rank: #9784
• State rank: #512 of 540 in MI

Livability — Warren

• Score: 74/100
• State rank: #171
• US rank: #4491

Category grades

Amenities D Commute A+ Cost of living A+ Crime D- Employment D Housing A+ Health & safety F User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Warren, MI
• County: Macomb County · 638,552 people
• City population: 114,937
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 31,853
• Household income: $52,366
• Rent vs Own: 43.4% rent · 56.6% own
• Severe rent burden: 1754.0

Population outlook (Macomb County) Hauer SSP2

• Today (2025): 925,296 people
• By 2030: 948,226 · +2.5%
• By 2040: 983,961 · +6.3%
• By 2050: 1,010,200 · +9.2%
• By 2075: 1,076,222 · +16.3%
• By 2100: 1,077,065 · +16.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: White 53% Black 31% Asian 7% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Romanian 11% Lithuanian 3% Slovak 2%
• Foreign-born: 5% · Canada
• Languages at home: 92% English-only · Other Asian/Pacific 3% Other Indo-European 2% Arabic 1%

Political lean MEDSL · Macomb

• 2024 margin: R (+13.7) · D 42.2% · R 55.9% · Other 1.9%
• 2008→2024 swing: -22.3pp toward R · 2008: 8.6pp · 2024: -13.7pp
• All cycles: 2024: R+13.7 2020: R+8.1 2016: R+11.6 2012: D+4.0 2008: D+8.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -211.46%
• Current HPI: 154.8325
• Rent YoY: ▲ 2.94%
• 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

+356.1% since first listed

49 events — show timeline

• 2026-06-07 Price Changed $104,900 MiRealSource-MiMLS
• 2026-06-07 Price Changed $104,900 REALCOMP
• 2026-05-03 Listed $109,500 REALCOMP
• 2026-05-03 Listed $109,500 MiRealSource-MiMLS
• 2025-07-17 Rental Removed $1,200 RENTSPREE
• 2025-07-15 Listed for Rent $1,200 RENTSPREE
• 2025-07-14 Rental Removed $1,200 REALSOURCE
• 2025-06-17 Listed for Rent $1,200 REALSOURCE
• 2022-06-16 Sold (Public Records) $85,000 Public Records
• 2022-06-07 Sold (MLS) $85,000 MiRealSource-MiMLS
• 2022-06-07 Sold (MLS) $85,000 REALCOMP
• 2022-05-21 Pending — MiRealSource-MiMLS
• 2022-05-21 Pending — REALCOMP
• 2022-05-17 Contingent — MiRealSource-MiMLS
• 2022-05-17 Contingent — REALCOMP
• 2022-04-28 Relisted — MiRealSource-MiMLS
• 2022-04-28 Relisted — REALCOMP
• 2022-04-18 Contingent — MiRealSource-MiMLS
• 2022-04-18 Contingent — REALCOMP
• 2022-04-12 Listed $90,000 MiRealSource-MiMLS
• 2022-04-12 Listed $90,000 REALCOMP
• 2019-08-05 Sold (MLS) $35,000 MiRealSource-MiMLS
• 2019-08-05 Sold (MLS) $35,000 REALCOMP
• 2019-07-11 Pending — MiRealSource-MiMLS
• 2019-07-02 Price Changed $39,900 MiRealSource-MiMLS
• 2019-06-19 Listed $49,900 MiRealSource-MiMLS
• 2019-06-19 Listed $39,900 REALCOMP
• 2013-02-15 Listing Removed — REALCOMP
• 2013-02-12 Sold (MLS) $10,500 MiRealSource-MiMLS
• 2013-02-07 Listing Removed — MiRealSource-MiMLS
• 2012-10-09 Listed $12,000 REALCOMP
• 2012-09-21 Listed $12,000 MiRealSource-MiMLS
• 2010-04-04 Listing Removed — MiRealSource-MiMLS
• 2010-04-03 Listing Removed — REALCOMP
• 2008-11-04 Listed $76,000 REALCOMP
• 2008-11-04 Listed $76,000 MiRealSource-MiMLS
• 2008-10-28 Listing Removed — MiRealSource-MiMLS
• 2008-04-28 Listed $76,000 MiRealSource-MiMLS
• 2008-03-15 Listing Removed — MiRealSource-MiMLS
• 2008-03-15 Listing Removed — REALCOMP
• 2008-02-02 Listed $70,000 MiRealSource-MiMLS
• 2008-02-02 Listed $70,000 REALCOMP
• 2008-01-03 Listing Removed — REALCOMP
• 2008-01-03 Listing Removed — MiRealSource-MiMLS
• 2007-07-03 Listed $78,000 REALCOMP
• 2007-07-03 Listed $78,000 MiRealSource-MiMLS
• 2007-06-30 Listing Removed — MiRealSource-MiMLS
• 2006-12-05 Listed $89,900 MiRealSource-MiMLS
• 2000-04-24 Sold (Public Records) $23,000 Public Records

Property tax history

+10.0%/yr

Latest (2025): $3,187 · +1.9% YoY. Source: county tax records.