11981 Whitehill St · Detroit, MI 48224

$80,000

3 bd · 1.0 ba · 1,158 sqft · SingleFamily public records · 17 Days on market

Built 1954 4,356 sqft lot Est $83k · at est.

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Why this score? — see what drove the B- 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
• ARV discount +9.3/15.0
• Livability +3.7/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Probate sale subject to court approval. Property is being sold as-is. Buyer to verify all information. 3-bedroom bungalow located on Detroit's east side in the 48224 zip code. Home features 1 full bathroom, an unfinished basement, and a traditional bungalow floor plan with great potential for owner-occupants or investors alike. Conveniently located near shopping, dining, schools, and major freeways. Excellent opportunity to renovate, add to your investment portfolio, or customize to your liking.

Key facts

• Unfinished basement
• Conveniently located
• 4,356 sq ft lot

Tags

• UNFINISHED BASEMENT
• TRADITIONAL FLOOR PLAN
• CONVENIENTLY LOCATED

Property features AI

Exterior

• Parking: Detached 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One and a half stories; Ground-level entry
• Construction: Brick construction; Block foundation
• Exterior features: Paved road access; Lot approximately 0.1 acre (40 x 109.25)

Interior

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

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $515 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $79k (1.5% below list) — sets the bar for market timing.
• Cap rate 14.0% vs local median 10.2% 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 flat; 484 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 36% of the median local income ($45k/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 $553 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 + 0.7% rent growth), your $22k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 28y 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 $33k; list at $80k implies a 142% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $78,800 (1.5% below list)

Questions for the listing agent

1. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.70% ✓
• Cap rate: 14.02%
• Cash-on-cash: 27.58%
• DSCR: 2.23
• GRM: 4.9

CMA / ARV

• ARV (on-the-fly): $83,376
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
12519 Riad St	0.27mi	3/1.0	1,135 (-2%)	0mo	$100,000	$88	84
11960 Rossiter St	0.37mi	3/1.0	1,164 (+0%)	2mo	$84,000	$72	80
11742 Whitehill St	0.21mi	3/1.5	1,228 (+6%)	1mo	$61,000	$50	77
15411 Young St St	0.48mi	3/1.5	1,240 (+7%)	2mo	$95,000	$77	62
11545 Roxbury St	0.34mi	3/1.0	1,003 (-13%)	1mo	$65,000	$65	61
12893 Payton St	0.48mi	3/1.0	1,020 (-12%)	2mo	$75,000	$74	57
10830 Mckinney St	0.65mi	3/1.0	1,066 (-8%)	1mo	$40,199	$38	55
11090 Mckinney St	0.67mi	3/1.5	1,270 (+10%)	2mo	$154,000	$121	49
10901 Worden St	0.72mi	3/1.5	1,271 (+10%)	1mo	$43,000	$34	47
15430 Mapleridge St	0.50mi	4/1.5 (+1)	1,320 (+14%)	1mo	$123,000	$93	45
11640 Somerset Ave	0.70mi	3/2.0	1,028 (-11%)	0mo	$70,000	$68	44
10319 Mckinney St	0.69mi	4/1.0 (+1)	990 (-14%)	1mo	$25,000	$25	38

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 · 0.73% rent growth · sell at horizon

5-year hold

• IRR: 19.0%
• Equity multiple: 1.75×
• Total profit: $16,819
• Equity at exit: $11,928

10-year hold

• IRR: 25.8%
• Equity multiple: 3.01×
• Total profit: $45,078
• Equity at exit: $6,917

Cash invested: $22,400 (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 48224

• Rents YoY: 0.7%
• Active inventory: 484
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $1,357 high
• Mortgage (P&I): −$420
• Tax from tax record: −$104 /mo · $1,252/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$285
• Net cashflow: $515

Break-even live

Break-even rent $705

Max offer price $80,000

Occupancy floor 57%

Sensitivity live

Price	-10% $560	-5% $537	+0% $515	+5% $492	+10% $470
Rent	-10% $408	-5% $461	+0% $515	+5% $568	+10% $622
Rate	-1.0pp $555	-0.5pp $535	base $515	+0.5pp $494	+1.0pp $473

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: $20,000
• Closing costs: $2,400
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11911 Lansdowne St Detroit, MI	4.0	1.0	1350	$1,400	$1.04	44d	1	0.06mi
11689 Wayburn St Detroit, MI	3.0	1.0	1142	$1,350	$1.18	44d	1	0.12mi
11620 Rossiter St Detroit, MI	3.0	1.0	1140	$1,200	$1.05	18d	1	0.21mi
11611 Morang Ave Detroit, MI	1.0–2.0	1.0	709	$1,040	$1.47	44d	1	0.23mi
11776 Rossiter St Detroit, MI	3.0	1.0	964	$1,150	$1.19	12d	1	0.27mi
11529 Roxbury St Detroit, MI	2.0	1.0	720	$1,200	$1.67	13d	1	0.33mi
11235 Roxbury St Detroit, MI	3.0	1.0	1062	$1,325	$1.25	18d	1	0.33mi
12716 Riad St Detroit, MI	3.0	1.0	974	$1,275	$1.31	18d	1	0.37mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	44d	1	0.43mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	15d	1	0.43mi
15494 Mapleridge St Detroit, MI	3.0	1.0	937	$1,275	$1.36	44d	1	0.46mi
19144 Moross Rd Detroit, MI	2.0	1.0	900	$1,050	$1.17	44d	1	0.50mi
10803 Roxbury St Detroit, MI	3.0	1.0	1150	$900	$0.78	21d	1	0.53mi
11018 Whitehill St Detroit, MI	3.0	1.0	1146	$1,450	$1.27	11d	1	0.65mi
18530 Kingsville St Harper Woods, MI	3.0	1.5	1396	$1,375	$0.98	18d	1	0.66mi
10404 Somerset Ave Detroit, MI	3.0	1.0	1108	$1,475	$1.33	4d	1	0.67mi
10692 Meuse St Detroit, MI	3.0	1.0	955	$1,250	$1.31	13d	1	0.68mi
19435 McCormick St Detroit, MI	3.0	2.0	1148	$1,300	$1.13	18d	1	0.68mi
10400 Britain St Detroit, MI	3.0	1.0	890	$1,100	$1.24	44d	1	0.68mi
19639 Moross Rd Unit 1 Detroit, MI	2.0	1.0	900	$1,100	$1.22	44d	1	0.69mi
16031 E 7 Mile Rd #5 Detroit, MI	2.0	1.0	1204	$1,200	$1.00	3d	1	0.69mi
19365 Kingsville St Harper Woods, MI	4.0	1.5	996	$1,650	$1.66	15d	1	0.70mi
10370 Britain St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	44d	1	0.71mi
19442 Kingsville St Harper Woods, MI	3.0	1.0	1000	$1,500	$1.50	18d	1	0.71mi
16212 Maddelein St Detroit, MI	2.0	1.0	800	$1,200	$1.50	13d	1	0.71mi
10177 Boleyn St Detroit, MI	3.0	1.0	767	$1,250	$1.63	44d	1	0.72mi
15616 E 7 Mile Rd Detroit, MI	3.0	1.5	1150	$1,150	$1.00	18d	1	0.73mi
15010 Cedargrove St Detroit, MI	3.0	1.5	1018	$1,350	$1.33	44d	1	0.73mi
15909 Maddelein St Detroit, MI	3.0	1.0	894	$1,266	$1.42	44d	1	0.76mi
10813 Whitehill St Detroit, MI	3.0	1.0	1392	$1,350	$0.97	18d	1	0.77mi
10037 Grayton St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	4d	1	0.78mi
15000 Mayfield St Detroit, MI	3.0	1.0	1146	$970	$0.85	18d	1	0.78mi
9313 Harvard Rd Detroit, MI	3.0	1.5	1329	$1,200	$0.90	18d	1	0.80mi
10644 Stratman St Detroit, MI	2.0	1.0	1000	$1,200	$1.20	18d	1	0.81mi
10724 Whitehill St Detroit, MI	3.0	3.0	1425	$1,550	$1.09	18d	1	0.82mi
10985 Peerless St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	5d	1	0.83mi
9241 Boleyn St Detroit, MI	3.0	1.0	1350	$1,350	$1.00	44d	1	0.86mi
19982 McCormick St Detroit, MI	3.0	1.0	866	$1,200	$1.39	4d	1	0.86mi
19661 Kenosha St Harper Woods, MI	3.0	2.0	1000	$1,400	$1.40	25d	1	0.88mi
9635 Everts St Detroit, MI	4.0	2.0	1450	$1,650	$1.14	44d	1	0.89mi

Listing history 13 events

1. 2026-06-18
   status $80,000 Pending 17 DOM
2. 2026-06-18
   days on market $80,000 Active 17 DOM
3. 2026-06-17
   days on market $80,000 Active 16 DOM
4. 2026-06-15
   days on market $80,000 Active 14 DOM
5. 2026-06-13
   days on market $80,000 Active 12 DOM
6. 2026-06-13
   days on market $80,000 Active 11 DOM
7. 2026-06-09
   days on market $80,000 Active 8 DOM
8. 2026-06-08
   days on market $80,000 Active 7 DOM
9. 2026-06-07
   days on market $80,000 Active 6 DOM
10. 2026-06-04
    days on market $80,000 Active 3 DOM
11. 2026-06-03
    days on market $80,000 Active 2 DOM
12. 2026-06-02
    remarks 500-char remark
13. 2026-06-02
    listed $80,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $1,252 · $104/mo
• Projected year-2 tax: $1,252 · $104/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 ≥95°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,284
• − Mortgage interest: −$4,481
• − Property taxes: −$1,252
• − Insurance: −$400
• − Repairs & maintenance: −$1,303
• − Management: −$1,303
• − Depreciation: −$2,327
• Taxable income: $5,218
• Est. tax owed @ 24.0%: −$1,252
• After-tax cash flow: $4,926/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): 39,668
• Household income: $44,856
• Rent vs Own: 44.1% rent · 55.9% own
• Severe rent burden: 2515.0

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 (88%)
• Race & ethnicity: Black 88% White 8% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Iranian 1% Romanian 1% Lithuanian 1%
• Foreign-born: 1%
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -226.38%
• Current HPI: 161.886
• Rent YoY: ▲ 0.73%
• 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

+0.1% since first listed

35 events — show timeline

• 2026-06-01 Listed $80,000 REALCOMP
• 2026-06-01 Listed $80,000 MiRealSource-MiMLS
• 2016-06-24 Sold (MLS) $33,000 MiRealSource-MiMLS
• 2016-06-24 Sold (MLS) $33,000 REALCOMP
• 2016-06-15 Pending — MiRealSource-MiMLS
• 2016-06-15 Pending — REALCOMP
• 2016-06-07 Listed $29,500 MiRealSource-MiMLS
• 2016-06-07 Listed $29,500 REALCOMP
• 2016-05-18 Listing Removed — REALCOMP
• 2016-05-17 Listing Removed — MiRealSource-MiMLS
• 2016-05-13 Relisted — REALCOMP
• 2016-05-11 Listing Removed — REALCOMP
• 2016-04-20 Price Changed $29,500 MiRealSource-MiMLS
• 2016-04-19 Price Changed $29,500 REALCOMP
• 2016-04-15 Listed $32,500 MiRealSource-MiMLS
• 2016-01-17 Listed $32,500 REALCOMP
• 2015-12-19 Listing Removed — MiRealSource-MiMLS
• 2015-12-19 Listing Removed — REALCOMP
• 2015-11-22 Price Changed $35,900 MiRealSource-MiMLS
• 2015-11-21 Price Changed $35,900 REALCOMP
• 2015-09-19 Price Changed $38,900 MiRealSource-MiMLS
• 2015-09-18 Price Changed $38,900 REALCOMP
• 2015-08-21 Listed $42,900 REALCOMP
• 2015-08-21 Listed $42,900 MiRealSource-MiMLS
• 2009-10-14 Sold (MLS) $4,100 REALCOMP
• 2009-07-20 Listed $4,850 REALCOMP
• 2006-10-26 Sold (Public Records) $114,000 Public Records
• 2005-11-15 Sold (MLS) $60,433 REALCOMP
• 2005-07-29 Listed $55,000 REALCOMP
• 1999-10-13 Sold (Public Records) $79,900 Public Records
• 1999-09-30 Sold (MLS) $79,900 MiRealSource-MiMLS
• 1999-05-18 Listing Removed — MiRealSource-MiMLS
• 1999-04-28 Listed $79,900 MiRealSource-MiMLS
• 1998-12-29 Listing Removed — REALCOMP
• 1998-09-19 Listed $79,900 REALCOMP

Property tax history

+0.6%/yr

Latest (2025): $1,252 · -12.3% YoY. Source: county tax records.