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31009 Heritage Hills Dr
D Composite 44.22
Why this score? — see what drove the D 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).

  • ARV discount +15.0/15.0
  • Cash flow +7.8/30.0
  • Rent growth +4.9/5.0
  • Schools +4.6/10.0
  • Livability +4.0/5.0
  • 1% rule +3.4/10.0
  • Condition / age +2.5/5.0
  • DSCR +1.9/10.0
  • Appreciation +0.0/10.0

$314,900

31009 Heritage Hills Dr · Farmington Hills, MI 48331
4 bd · 2.5 ba · 2,386 sqft · SingleFamily public records · 39 Days on market
Built 1968 0.31 ac lot Est $453k · 31% under $29/mo HOA · 1% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

PRICE SEEMS TOO GOOD TO BE TRUE FOR SUCH A HOME LIKE THIS IN ROLLING OAKS!!! This Classic 4BR 2.5 BATH BRICK COLONIAL, ON A LOVELY LARGE LOT, IN AN EXCELLENT SUB IN FARMINGTON HILLS! Beautiful marble foyer welcomes you inside, with spacious living room, & formal dining room. Great sized kitchen w plenty of cabinets, counter space, granite counters, opens to nook for gatherings. Family Room provides another separate living space, for cozy evenings in front of the fire, door-wall for access to the patio. Everyone wants a four-seasons room to enjoy nature and outdoors without being bothered by the insects. Enjoy your morning coffee, relax with a book in this lovely room. Upstairs provides FOUR BEDROOMS & 2 FULL BATHS. Large primary bedroom suite, with great closet space. Three other super sized bedrooms, or room for an in-home office and full bath on the second level. 1st floor laundry with plenty of space! Lower level has more living space with a large recreation/family area, and loads of storage. Excellent location close to Xways, shopping, entertainment and more!!

Key facts

  • 0.31 acre lot
  • 2 garage spots
  • Built 1968

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/2.5-bath single-family listed at $315k.

Deal economics

  • At list price, monthly cash flow is $-349 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $253k (19.6% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $266k (15.6% below list).
  • Recommended offer: $253k (19.6% below list) — sets the bar for cash-flow.
  • Cap rate 5.0% vs local median 3.4% in Farmington Hills — 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 81/100 on livability (#64 in MI, #1,364 nationally) — a professional / high-income tenant draw. Strengths: employment A+, housing A+, crime A; Watch: amenities D, health & safety F.
  • Farmington Public School District (urban): math 45% / reading 58% proficiency, ranked #78 of 540 in MI (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 19% free/reduced lunch — higher-income household profile.
  • Zoned schools: Forest Elementary School (math 57% / reading 62%, grade B-, #200 of 1,397 statewide, top 16%, 397 students, 19% FRL); Warner Middle School (math 37% / reading 56%, grade D+, #150 of 493 statewide, top 31%, 571 students, 34% FRL); North Farmington High School (math 48% / reading 67%, grade C, #95 of 713 statewide, top 14%, 1,268 students, 30% FRL).
  • Market conditions: Rents rising fast (+9.7%/yr); 89 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 39 days — a 3% lower offer ($305k) is reasonable based on typical stale-listing flexibility.
  • 13 sale attempts since 28y ago; this cycle's ask has dropped $55k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $253,295 (19.6% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 39 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
  3. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. 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.
  9. 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.
  10. 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
0.84%
Cap rate
4.96%
Cash-on-cash
-4.75%
DSCR
0.79
GRM
9.9

CMA / ARV

ARV (on-the-fly)
$453,340
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
30106 Valley Side Dr 0.70mi 4/2.5 2,404 (+1%) 2mo $440,000 $183 64
30318 Glenmuer St 0.34mi 4/3.0 2,238 (-6%) 10mo $440,000 $197 63
31091 Hunters Whip Ln 0.25mi 4/2.5 2,236 (-6%) 23mo $425,000 $190 59
34233 Northwick St 0.57mi 4/2.5 2,307 (-3%) 13mo $415,000 $180 57
33777 Heritage Hills Dr 0.29mi 4/2.5 2,677 (+12%) 13mo $450,000 $168 55
31192 Verona St 0.59mi 4/2.5 2,514 (+5%) 10mo $429,000 $171 55
30074 S Willow Ct 0.50mi 4/3.5 2,472 (+4%) 17mo $465,000 $188 52
34630 Old Timber Rd 0.62mi 4/2.5 2,662 (+12%) 0mo $370,000 $139 52
30755 Woodstream Dr 0.50mi 3/2.5 (-1) 2,161 (-9%) 6mo $412,500 $191 51
30319 Club House Ln 0.68mi 4/2.5 2,210 (-7%) 20mo $455,000 $206 39
30037 Ravenscroft St 0.68mi 4/1.5 2,136 (-10%) 13mo $410,000 $192 36
31132 N Park Dr 0.70mi 3/2.5 (-1) 2,502 (+5%) 23mo $533,000 $213 35

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 · 8.0% rent growth · sell at horizon

5-year hold
IRR
-18.1%
Equity multiple
0.33×
Total profit
$-58,983
Equity at exit
$46,953
10-year hold
IRR
-2.0%
Equity multiple
0.83×
Total profit
$-15,182
Equity at exit
$27,227

Cash invested: $88,172 (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.

ZIP-level market 48331

Rents YoY
9.7%
Active inventory
89
Price-to-rent
9.9×

Monthly cashflow live

Estimated rent
$2,658 medium interval (Pro) →
Mortgage (P&I)
$1,651
Tax from tax record
$637 /mo · $7,645/yr
Insurance
$131
HOA
$29
Vacancy / Maint / Mgmt
$558
Net cashflow
$-349

Break-even live

Break-even rent $3,100
Max offer price $253,295
Occupancy floor

Sensitivity live

Price -10% $-170 -5% $-260 +0% $-349 +5% $-438 +10% $-527
Rent -10% $-559 -5% $-454 +0% $-349 +5% $-244 +10% $-139
Rate -1.0pp $-190 -0.5pp $-269 base $-349 +0.5pp $-430 +1.0pp $-513

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
$78,725
Closing costs
$9,447
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 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
31200 Hunters Dr Farmington Hills, MI 1.0–3.0 1.0–2.5 1520 $2,363 $1.55 0d 15 0.84mi
29095 Oak Point Dr Farmington Hills, MI 4.0 3.5 3140 $3,000 $0.96 12d 1 0.96mi
5202 Richard Run West Bloomfield, MI 3.0 2.5 1650 $2,500 $1.52 18d 1 1.31mi
5353 Wright Way W West Bloomfield, MI 4.0 2.5 1819 $2,700 $1.48 26d 1 1.42mi

HOA detail

Monthly dues
$29 · $348/yr

Listing history 35 events

  1. 2024-12-17
    status Pending
  2. 2023-03-13
    soldstatus $319,000
  3. 2023-01-02
    status Pending 1091-char remark
    Show marketing remark (1091 chars)

    PRICE SEEMS TOO GOOD TO BE TRUE FOR SUCH A HOME LIKE THIS IN ROLLING OAKS!!! This Classic 4BR 2.5 BATH BRICK COLONIAL, ON A LOVELY LARGE LOT, IN AN EXCELLENT SUB IN FARMINGTON HILLS! Beautiful marble foyer welcomes you inside, with spacious living room, & formal dining room. Great sized kitchen w plenty of cabinets, counter space, granite counters, opens to nook for gatherings. Family Room provides another separate living space, for cozy evenings in front of the fire, door-wall for access to the patio. Everyone wants a four-seasons room to enjoy nature and outdoors without being bothered by the insects. Enjoy your morning coffee, relax with a book in this lovely room. Upstairs provides FOUR BEDROOMS & 2 FULL BATHS. Large primary bedroom suite, with great closet space. Three other super sized bedrooms, or room for an in-home office and full bath on the second level. 1st floor laundry with plenty of space! Lower level has more living space with a large recreation/family area, and loads of storage. Excellent location close to Xways, shopping, entertainment and more!!

  4. 2023-01-02
    status Pending
    Show marketing remark (1091 chars)

    PRICE SEEMS TOO GOOD TO BE TRUE FOR SUCH A HOME LIKE THIS IN ROLLING OAKS!!! This Classic 4BR 2.5 BATH BRICK COLONIAL, ON A LOVELY LARGE LOT, IN AN EXCELLENT SUB IN FARMINGTON HILLS! Beautiful marble foyer welcomes you inside, with spacious living room, & formal dining room. Great sized kitchen w plenty of cabinets, counter space, granite counters, opens to nook for gatherings. Family Room provides another separate living space, for cozy evenings in front of the fire, door-wall for access to the patio. Everyone wants a four-seasons room to enjoy nature and outdoors without being bothered by the insects. Enjoy your morning coffee, relax with a book in this lovely room. Upstairs provides FOUR BEDROOMS & 2 FULL BATHS. Large primary bedroom suite, with great closet space. Three other super sized bedrooms, or room for an in-home office and full bath on the second level. 1st floor laundry with plenty of space! Lower level has more living space with a large recreation/family area, and loads of storage. Excellent location close to Xways, shopping, entertainment and more!!

  5. 2022-12-21
    price $314,900 1091-char remark
    Show marketing remark (1091 chars)

    PRICE SEEMS TOO GOOD TO BE TRUE FOR SUCH A HOME LIKE THIS IN ROLLING OAKS!!! This Classic 4BR 2.5 BATH BRICK COLONIAL, ON A LOVELY LARGE LOT, IN AN EXCELLENT SUB IN FARMINGTON HILLS! Beautiful marble foyer welcomes you inside, with spacious living room, & formal dining room. Great sized kitchen w plenty of cabinets, counter space, granite counters, opens to nook for gatherings. Family Room provides another separate living space, for cozy evenings in front of the fire, door-wall for access to the patio. Everyone wants a four-seasons room to enjoy nature and outdoors without being bothered by the insects. Enjoy your morning coffee, relax with a book in this lovely room. Upstairs provides FOUR BEDROOMS & 2 FULL BATHS. Large primary bedroom suite, with great closet space. Three other super sized bedrooms, or room for an in-home office and full bath on the second level. 1st floor laundry with plenty of space! Lower level has more living space with a large recreation/family area, and loads of storage. Excellent location close to Xways, shopping, entertainment and more!!

  6. 2022-12-21
    price $314,900
    Show marketing remark (1091 chars)

    PRICE SEEMS TOO GOOD TO BE TRUE FOR SUCH A HOME LIKE THIS IN ROLLING OAKS!!! This Classic 4BR 2.5 BATH BRICK COLONIAL, ON A LOVELY LARGE LOT, IN AN EXCELLENT SUB IN FARMINGTON HILLS! Beautiful marble foyer welcomes you inside, with spacious living room, & formal dining room. Great sized kitchen w plenty of cabinets, counter space, granite counters, opens to nook for gatherings. Family Room provides another separate living space, for cozy evenings in front of the fire, door-wall for access to the patio. Everyone wants a four-seasons room to enjoy nature and outdoors without being bothered by the insects. Enjoy your morning coffee, relax with a book in this lovely room. Upstairs provides FOUR BEDROOMS & 2 FULL BATHS. Large primary bedroom suite, with great closet space. Three other super sized bedrooms, or room for an in-home office and full bath on the second level. 1st floor laundry with plenty of space! Lower level has more living space with a large recreation/family area, and loads of storage. Excellent location close to Xways, shopping, entertainment and more!!

  7. 2022-12-06
    price $349,900 1091-char remark
    Show marketing remark (1091 chars)

    PRICE SEEMS TOO GOOD TO BE TRUE FOR SUCH A HOME LIKE THIS IN ROLLING OAKS!!! This Classic 4BR 2.5 BATH BRICK COLONIAL, ON A LOVELY LARGE LOT, IN AN EXCELLENT SUB IN FARMINGTON HILLS! Beautiful marble foyer welcomes you inside, with spacious living room, & formal dining room. Great sized kitchen w plenty of cabinets, counter space, granite counters, opens to nook for gatherings. Family Room provides another separate living space, for cozy evenings in front of the fire, door-wall for access to the patio. Everyone wants a four-seasons room to enjoy nature and outdoors without being bothered by the insects. Enjoy your morning coffee, relax with a book in this lovely room. Upstairs provides FOUR BEDROOMS & 2 FULL BATHS. Large primary bedroom suite, with great closet space. Three other super sized bedrooms, or room for an in-home office and full bath on the second level. 1st floor laundry with plenty of space! Lower level has more living space with a large recreation/family area, and loads of storage. Excellent location close to Xways, shopping, entertainment and more!!

  8. 2022-12-06
    price $349,900
    Show marketing remark (1091 chars)

    PRICE SEEMS TOO GOOD TO BE TRUE FOR SUCH A HOME LIKE THIS IN ROLLING OAKS!!! This Classic 4BR 2.5 BATH BRICK COLONIAL, ON A LOVELY LARGE LOT, IN AN EXCELLENT SUB IN FARMINGTON HILLS! Beautiful marble foyer welcomes you inside, with spacious living room, & formal dining room. Great sized kitchen w plenty of cabinets, counter space, granite counters, opens to nook for gatherings. Family Room provides another separate living space, for cozy evenings in front of the fire, door-wall for access to the patio. Everyone wants a four-seasons room to enjoy nature and outdoors without being bothered by the insects. Enjoy your morning coffee, relax with a book in this lovely room. Upstairs provides FOUR BEDROOMS & 2 FULL BATHS. Large primary bedroom suite, with great closet space. Three other super sized bedrooms, or room for an in-home office and full bath on the second level. 1st floor laundry with plenty of space! Lower level has more living space with a large recreation/family area, and loads of storage. Excellent location close to Xways, shopping, entertainment and more!!

  9. 2022-11-24
    listed $369,900 Active
    Show marketing remark (1091 chars)

    PRICE SEEMS TOO GOOD TO BE TRUE FOR SUCH A HOME LIKE THIS IN ROLLING OAKS!!! This Classic 4BR 2.5 BATH BRICK COLONIAL, ON A LOVELY LARGE LOT, IN AN EXCELLENT SUB IN FARMINGTON HILLS! Beautiful marble foyer welcomes you inside, with spacious living room, & formal dining room. Great sized kitchen w plenty of cabinets, counter space, granite counters, opens to nook for gatherings. Family Room provides another separate living space, for cozy evenings in front of the fire, door-wall for access to the patio. Everyone wants a four-seasons room to enjoy nature and outdoors without being bothered by the insects. Enjoy your morning coffee, relax with a book in this lovely room. Upstairs provides FOUR BEDROOMS & 2 FULL BATHS. Large primary bedroom suite, with great closet space. Three other super sized bedrooms, or room for an in-home office and full bath on the second level. 1st floor laundry with plenty of space! Lower level has more living space with a large recreation/family area, and loads of storage. Excellent location close to Xways, shopping, entertainment and more!!

  10. 2022-11-24
    listed $369,900 Active 1091-char remark
    Show marketing remark (1091 chars)

    PRICE SEEMS TOO GOOD TO BE TRUE FOR SUCH A HOME LIKE THIS IN ROLLING OAKS!!! This Classic 4BR 2.5 BATH BRICK COLONIAL, ON A LOVELY LARGE LOT, IN AN EXCELLENT SUB IN FARMINGTON HILLS! Beautiful marble foyer welcomes you inside, with spacious living room, & formal dining room. Great sized kitchen w plenty of cabinets, counter space, granite counters, opens to nook for gatherings. Family Room provides another separate living space, for cozy evenings in front of the fire, door-wall for access to the patio. Everyone wants a four-seasons room to enjoy nature and outdoors without being bothered by the insects. Enjoy your morning coffee, relax with a book in this lovely room. Upstairs provides FOUR BEDROOMS & 2 FULL BATHS. Large primary bedroom suite, with great closet space. Three other super sized bedrooms, or room for an in-home office and full bath on the second level. 1st floor laundry with plenty of space! Lower level has more living space with a large recreation/family area, and loads of storage. Excellent location close to Xways, shopping, entertainment and more!!

  11. 2004-12-01
    soldstatus $275,000
  12. 2004-11-06
    historical
  13. 2004-06-21
    listed $299,500
  14. 2004-04-20
    historical
  15. 2004-01-11
    listed $319,900
  16. 2003-12-15
    historical
  17. 2003-06-27
    listed $309,900
  18. 2003-06-23
    historical
  19. 2003-04-24
    listed $337,900
  20. 2003-02-21
    soldstatus $234,871
  21. 2002-12-26
    listed $245,000
  22. 2002-12-26
    historical
  23. 2002-11-20
    listed $245,000
  24. 2002-11-20
    historical
  25. 2002-09-11
    listed $240,000
  26. 2002-09-11
    historical
  27. 2002-07-30
    listed $258,987
  28. 2002-07-30
    historical
  29. 2002-05-30
    listed $274,900
  30. 2000-01-03
    historical
  31. 1999-10-06
    listed $260,000
  32. 1999-02-18
    soldstatus $215,000
  33. 1998-12-23
    soldstatus $215,000
  34. 1998-10-20
    listed $224,900
  35. 1969-02-01
    soldstatus $39,918

ⓘ 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
$7,645 · $637/mo
Projected year-2 tax
$7,645 · $637/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 2/10 Low 7 d/yr ≥96°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 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
$31,897
− Mortgage interest
−$17,639
− Property taxes
−$7,645
− Insurance
−$1,574
− Repairs & maintenance
−$2,552
− Management
−$2,552
− HOA
−$348
− Depreciation
−$9,161
Taxable loss
−$9,574
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,298
After-tax cash flow
$-1,887/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
Farmington Public School District
NCES district ID
2614070
Math proficiency
45% ▼ -5.00%
Reading proficiency
58% ▼ -1.00%
Median HH income
$72,846
Composite
46.17/100
National rank
#2497
State rank
#78 of 540 in MI

Livability — Farmington Hills

Score
81/100
State rank
#64
US rank
#1364

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Farmington Hills, MI
County
Oakland County · 1,009,092 people
City population
67,612
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
21,562
Household income
$127,633
Rent vs Own
21.2% rent · 78.8% own
Severe rent burden
589.0

Population outlook (Oakland County) Hauer SSP2

Today (2025)
1,335,747 people
By 2030
1,375,100 · +2.9%
By 2040
1,435,385 · +7.5%
By 2050
1,469,250 · +10.0%
By 2075
1,531,946 · +14.7%
By 2100
1,450,485 · +8.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (65%)
Race & ethnicity
White 65% Black 16% Asian 12% Two or more races 4% Hispanic / Latino 2%
Common ancestry
Romanian 7% Arab 3% Scotch-Irish 2%
Foreign-born
23% · Canada, China, South Korea
Languages at home
74% English-only · Arabic 7% Other Indo-European 6% Other Asian/Pacific 3%

Political lean MEDSL · Oakland

2024 margin
D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
2008→2024 swing
-3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
All cycles
2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -174.00%
Current HPI
158.1222
Rent YoY
▲ 9.66%
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

Price history

+699.1% since first listed
35 events — show timeline
  • 2024-12-17 Pending REALCOMP
  • 2023-03-13 Sold (Public Records) $319,000 Public Records
  • 2023-01-02 Pending MiRealSource-MiMLS
  • 2023-01-02 Pending REALCOMP
  • 2022-12-21 Price Changed $314,900 MiRealSource-MiMLS
  • 2022-12-21 Price Changed $314,900 REALCOMP
  • 2022-12-06 Price Changed $349,900 MiRealSource-MiMLS
  • 2022-12-06 Price Changed $349,900 REALCOMP
  • 2022-11-24 Listed $369,900 MiRealSource-MiMLS
  • 2022-11-24 Listed $369,900 REALCOMP
  • 2004-12-01 Sold (Public Records) $275,000 Public Records
  • 2004-11-06 Listing Removed REALCOMP
  • 2004-06-21 Listed $299,500 REALCOMP
  • 2004-04-20 Listing Removed REALCOMP
  • 2004-01-11 Listed $319,900 REALCOMP
  • 2003-12-15 Listing Removed REALCOMP
  • 2003-06-27 Listed $309,900 REALCOMP
  • 2003-06-23 Listing Removed REALCOMP
  • 2003-04-24 Listed $337,900 REALCOMP
  • 2003-02-21 Sold (MLS) $234,871 REALCOMP
  • 2002-12-26 Listing Removed REALCOMP
  • 2002-12-26 Listed $245,000 REALCOMP
  • 2002-11-20 Listing Removed REALCOMP
  • 2002-11-20 Listed $245,000 REALCOMP
  • 2002-09-11 Listing Removed REALCOMP
  • 2002-09-11 Listed $240,000 REALCOMP
  • 2002-07-30 Listing Removed REALCOMP
  • 2002-07-30 Listed $258,987 REALCOMP
  • 2002-05-30 Listed $274,900 REALCOMP
  • 2000-01-03 Listing Removed REALCOMP
  • 1999-10-06 Listed $260,000 REALCOMP
  • 1999-02-18 Sold (Public Records) $215,000 Public Records
  • 1998-12-23 Sold (MLS) $215,000 REALCOMP
  • 1998-10-20 Listed $224,900 REALCOMP
  • 1969-02-01 Sold (Public Records) $39,918 Public Records

Property tax history

+5.8%/yr

Latest (2025): $7,645 · +10.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…