8074 Plainview Ave · Detroit, MI 48228

$69,900

3 bd · 1.0 ba · 960 sqft · SingleFamily public records · 4 Days on market

Built 1950 4,792 sqft lot $73/sqft · 10% below area Est $78k · 10% under ↓ 4% since listing

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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
• ARV discount +12.2/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

SECTION 8 TENANT OCCUPIED INVESTMENT PROPERTY! THIS BUNGALOW HOME IS LOCATED NORTH OF TIREMAN AND EAST OF EVERGREEN. THIS HOME FEATURES HARDWOOD FLOORS, DINING AREA, TWO BEDROOMS AND FULL BATH ON THE MAIN FLOOR, A LARGE PRIMARY BEDROOM ON THE SECOND FLOOR, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS 950 PER MONTH. THE TENANT HAS BEEN IN THE HOME SINCE 2022 AND IS IN A LEASE UNTIL 8/31/26. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING. * * PHOTOS ARE FROM 2022, BEFORE THE TENANT MOVED IN * *

Key facts

• Unfinished basement
• Dining area
• Bungalow home

Tags

• BUNGALOW HOME
• HARDWOOD FLOORS
• DINING AREA
• UNFINISHED BASEMENT
• LOCATED NORTH OF TIREMAN
• LOCATED EAST OF EVERGREEN

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $479 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Cap rate 14.5% 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 soft (-2.3%/yr); 363 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 69% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• At $1,243/mo this rent would consume 49% of the median local household income ($31k/yr) (locally 4144% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $483 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 + 0.0% rent growth), your $20k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 19y ago; this cycle's ask has dropped $7k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $69,900

Questions for the listing agent

1. Built in 1950 — 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: 1.78% ✓
• Cap rate: 14.52%
• Cash-on-cash: 29.37%
• DSCR: 2.31
• GRM: 4.7

CMA / ARV

• ARV (median comp): $78,077
• List price: $69,900
• Delta: -10.47%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7690 Heyden St	0.29mi	3/1.0	1,019 (+6%)	1mo	$73,000	$72	76
7296 Auburn St	0.48mi	3/1.0	968 (+1%)	2mo	$38,000	$39	75
8225 Grandville Ave	0.23mi	2/1.0 (-1)	906 (-6%)	2mo	$36,500	$40	73
8234 Patton St	0.39mi	3/1.0	1,010 (+5%)	2mo	$60,000	$59	72
7756 Westwood St	0.25mi	3/1.0	871 (-9%)	2mo	$90,000	$103	72
8277 Stout St	0.30mi	3/1.0	879 (-8%)	0mo	$45,000	$51	71
7667 Greenview Ave	0.65mi	3/1.0	960 (0%)	2mo	$65,100	$68	68
8427 Piedmont St	0.34mi	3/1.0	1,056 (+10%)	2mo	$62,000	$59	66
8651 Brace Street St	0.63mi	3/1.0	987 (+3%)	2mo	$60,000	$61	64
9221 Grandville Ave	0.74mi	3/1.0	971 (+1%)	2mo	$135,000	$139	62
8686 Artesian St	0.58mi	3/1.0	864 (-10%)	2mo	$35,000	$41	55
8309 Brace St	0.55mi	3/1.5	864 (-10%)	1mo	$28,500	$33	55

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 20.3%
• Equity multiple: 1.80×
• Total profit: $15,568
• Equity at exit: $10,422

10-year hold

• IRR: 26.4%
• Equity multiple: 2.99×
• Total profit: $38,887
• Equity at exit: $6,044

Cash invested: $19,572 (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 48228

• Rents YoY: -2.3%
• Active inventory: 363
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $1,243 high
• Mortgage (P&I): −$367
• Tax from tax record: −$107 /mo · $1,288/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$261
• Net cashflow: $479

Break-even live

Break-even rent $637

Max offer price $69,900

Occupancy floor 56%

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8283 Vaughan St Detroit, MI	3.0	1.0	1058	$1,294	$1.22	5d	1	0.19mi
7794 Vaughan St Detroit, MI	3.0	1.0	1000	$1,450	$1.45	17d	1	0.21mi
20431 Tireman St Detroit, MI	3.0	1.0	1020	$1,350	$1.32	17d	1	0.33mi
7635 Evergreen Ave Detroit, MI	3.0	1.0	690	$1,350	$1.96	44d	1	0.33mi
19301 Joy Rd Apt 1 Detroit, MI	2.0	1.0	750	$1,100	$1.47	44d	1	0.42mi
7411 Stout St Detroit, MI	3.0	1.0	888	$1,428	$1.61	12d	1	0.49mi
8270 Trinity St Detroit, MI	3.0	1.0	806	$1,528	$1.90	44d	1	0.64mi
9090 Stahelin Ave Detroit, MI	2.0	1.0	787	$1,250	$1.59	44d	1	0.77mi
8451 Rosemont Ave Detroit, MI	3.0	1.0	867	$1,150	$1.33	44d	1	0.79mi
8262 Rosemont Ave Detroit, MI	3.0	1.0	836	$1,200	$1.44	5d	1	0.80mi
9059 Burt Rd Detroit, MI	3.0	1.0	980	$1,400	$1.43	44d	1	0.83mi
19449 W Chicago St Detroit, MI	3.0	1.5	950	$1,500	$1.58	44d	1	0.87mi
8850 Rosemont Ave Detroit, MI	3.0	1.0	933	$1,100	$1.18	18d	1	0.91mi
9401 Fielding St Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.94mi
9410 Patton St Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.94mi
20529 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.94mi
9404 Patton St Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.94mi
20541 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.95mi
20545 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.95mi
20547 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.95mi
20619 W Chicago Detroit, MI	2.0	1.0	950	$1,200	$1.26	44d	1	0.96mi
20522 W Chicago Detroit, MI	2.0	1.0	1000	$950	$0.95	44d	1	0.97mi
20550 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.97mi
6490 Stahelin Ave Detroit, MI	3.0	1.0	960	$1,299	$1.35	17d	1	1.05mi
20921 W Chicago Detroit, MI	2.0	1.0	1000	$950	$0.95	44d	1	1.06mi
20935 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	1.08mi
20937 W Chicago Detroit, MI	2.0	1.0	1000	$950	$0.95	44d	1	1.08mi
9416 Trinity St Detroit, MI	2.0	1.0	1000	$950	$0.95	44d	1	1.08mi
20945 W Chicago Detroit, MI	2.0	1.0	1000	$950	$0.95	44d	1	1.08mi
18450 W Chicago Detroit, MI	1.0–2.0	1.0	687	$1,117	$1.62	2d	15	1.12mi
9108 Archdale St Detroit, MI	3.0	1.0	1000	$1,300	$1.30	5d	1	1.16mi
5965 Evergreen Rd Dearborn Heights, MI	1.0–2.0	1.0	825	$1,350	$1.64	5d	1	1.38mi
22330 W Warren Ave Redford Charter Twp, MI	2.0	1.0	750	$1,200	$1.60	44d	1	1.40mi
6761 Memorial Ave Detroit, MI	3.0	1.0	1060	$1,100	$1.04	24d	1	1.41mi
11652 Fielding St Detroit, MI	3.0	1.0	1000	$1,386	$1.39	44d	1	1.48mi

Listing history 25 events

1. 2026-06-18
   days on market $69,900 Active 4 DOM
2. 2026-06-17
   days on market $69,900 Active 3 DOM
3. 2026-06-16
   days on market $69,900 Active 2 DOM
4. 2026-06-15
   days on marketlisting id $69,900 Active 1 DOM
5. 2026-06-15
   days on market $69,900 Active 3 DOM
6. 2026-06-13
   days on marketlisting id $69,900 Active 1 DOM
7. 2026-04-22
   status Active 651-char remark

   Show marketing remark (651 chars)

   SECTION 8 TENANT OCCUPIED INVESTMENT PROPERTY! THIS BUNGALOW HOME IS LOCATED NORTH OF TIREMAN AND EAST OF EVERGREEN. THIS HOME FEATURES HARDWOOD FLOORS, DINING AREA, TWO BEDROOMS AND FULL BATH ON THE MAIN FLOOR, A LARGE PRIMARY BEDROOM ON THE SECOND FLOOR, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS 950 PER MONTH. THE TENANT HAS BEEN IN THE HOME SINCE 2022 AND IS IN A LEASE UNTIL 8/31/26. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING. * * PHOTOS ARE FROM 2022, BEFORE THE TENANT MOVED IN * *

8. 2026-04-22
   status Active 651-char remark

   Show marketing remark (651 chars)

   SECTION 8 TENANT OCCUPIED INVESTMENT PROPERTY! THIS BUNGALOW HOME IS LOCATED NORTH OF TIREMAN AND EAST OF EVERGREEN. THIS HOME FEATURES HARDWOOD FLOORS, DINING AREA, TWO BEDROOMS AND FULL BATH ON THE MAIN FLOOR, A LARGE PRIMARY BEDROOM ON THE SECOND FLOOR, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS 950 PER MONTH. THE TENANT HAS BEEN IN THE HOME SINCE 2022 AND IS IN A LEASE UNTIL 8/31/26. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING. * * PHOTOS ARE FROM 2022, BEFORE THE TENANT MOVED IN * *

9. 2026-04-07
   status Pending 651-char remark

   Show marketing remark (651 chars)

   SECTION 8 TENANT OCCUPIED INVESTMENT PROPERTY! THIS BUNGALOW HOME IS LOCATED NORTH OF TIREMAN AND EAST OF EVERGREEN. THIS HOME FEATURES HARDWOOD FLOORS, DINING AREA, TWO BEDROOMS AND FULL BATH ON THE MAIN FLOOR, A LARGE PRIMARY BEDROOM ON THE SECOND FLOOR, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS 950 PER MONTH. THE TENANT HAS BEEN IN THE HOME SINCE 2022 AND IS IN A LEASE UNTIL 8/31/26. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING. * * PHOTOS ARE FROM 2022, BEFORE THE TENANT MOVED IN * *

10. 2026-04-07
    status Pending 651-char remark

    Show marketing remark (651 chars)

    SECTION 8 TENANT OCCUPIED INVESTMENT PROPERTY! THIS BUNGALOW HOME IS LOCATED NORTH OF TIREMAN AND EAST OF EVERGREEN. THIS HOME FEATURES HARDWOOD FLOORS, DINING AREA, TWO BEDROOMS AND FULL BATH ON THE MAIN FLOOR, A LARGE PRIMARY BEDROOM ON THE SECOND FLOOR, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS 950 PER MONTH. THE TENANT HAS BEEN IN THE HOME SINCE 2022 AND IS IN A LEASE UNTIL 8/31/26. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING. * * PHOTOS ARE FROM 2022, BEFORE THE TENANT MOVED IN * *

11. 2026-04-02
    price $69,900 651-char remark

    Show marketing remark (651 chars)

    SECTION 8 TENANT OCCUPIED INVESTMENT PROPERTY! THIS BUNGALOW HOME IS LOCATED NORTH OF TIREMAN AND EAST OF EVERGREEN. THIS HOME FEATURES HARDWOOD FLOORS, DINING AREA, TWO BEDROOMS AND FULL BATH ON THE MAIN FLOOR, A LARGE PRIMARY BEDROOM ON THE SECOND FLOOR, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS 950 PER MONTH. THE TENANT HAS BEEN IN THE HOME SINCE 2022 AND IS IN A LEASE UNTIL 8/31/26. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING. * * PHOTOS ARE FROM 2022, BEFORE THE TENANT MOVED IN * *

12. 2026-04-02
    price $69,900 651-char remark

    Show marketing remark (651 chars)

    SECTION 8 TENANT OCCUPIED INVESTMENT PROPERTY! THIS BUNGALOW HOME IS LOCATED NORTH OF TIREMAN AND EAST OF EVERGREEN. THIS HOME FEATURES HARDWOOD FLOORS, DINING AREA, TWO BEDROOMS AND FULL BATH ON THE MAIN FLOOR, A LARGE PRIMARY BEDROOM ON THE SECOND FLOOR, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS 950 PER MONTH. THE TENANT HAS BEEN IN THE HOME SINCE 2022 AND IS IN A LEASE UNTIL 8/31/26. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING. * * PHOTOS ARE FROM 2022, BEFORE THE TENANT MOVED IN * *

13. 2026-01-30
    price $75,900 651-char remark

    Show marketing remark (651 chars)

    SECTION 8 TENANT OCCUPIED INVESTMENT PROPERTY! THIS BUNGALOW HOME IS LOCATED NORTH OF TIREMAN AND EAST OF EVERGREEN. THIS HOME FEATURES HARDWOOD FLOORS, DINING AREA, TWO BEDROOMS AND FULL BATH ON THE MAIN FLOOR, A LARGE PRIMARY BEDROOM ON THE SECOND FLOOR, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS 950 PER MONTH. THE TENANT HAS BEEN IN THE HOME SINCE 2022 AND IS IN A LEASE UNTIL 8/31/26. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING. * * PHOTOS ARE FROM 2022, BEFORE THE TENANT MOVED IN * *

14. 2026-01-29
    price $75,900 651-char remark

    Show marketing remark (651 chars)

    SECTION 8 TENANT OCCUPIED INVESTMENT PROPERTY! THIS BUNGALOW HOME IS LOCATED NORTH OF TIREMAN AND EAST OF EVERGREEN. THIS HOME FEATURES HARDWOOD FLOORS, DINING AREA, TWO BEDROOMS AND FULL BATH ON THE MAIN FLOOR, A LARGE PRIMARY BEDROOM ON THE SECOND FLOOR, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS 950 PER MONTH. THE TENANT HAS BEEN IN THE HOME SINCE 2022 AND IS IN A LEASE UNTIL 8/31/26. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING. * * PHOTOS ARE FROM 2022, BEFORE THE TENANT MOVED IN * *

15. 2025-11-21
    price $76,400 651-char remark

    Show marketing remark (651 chars)

    SECTION 8 TENANT OCCUPIED INVESTMENT PROPERTY! THIS BUNGALOW HOME IS LOCATED NORTH OF TIREMAN AND EAST OF EVERGREEN. THIS HOME FEATURES HARDWOOD FLOORS, DINING AREA, TWO BEDROOMS AND FULL BATH ON THE MAIN FLOOR, A LARGE PRIMARY BEDROOM ON THE SECOND FLOOR, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS 950 PER MONTH. THE TENANT HAS BEEN IN THE HOME SINCE 2022 AND IS IN A LEASE UNTIL 8/31/26. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING. * * PHOTOS ARE FROM 2022, BEFORE THE TENANT MOVED IN * *

16. 2025-11-20
    price $76,400 651-char remark

    Show marketing remark (651 chars)

    SECTION 8 TENANT OCCUPIED INVESTMENT PROPERTY! THIS BUNGALOW HOME IS LOCATED NORTH OF TIREMAN AND EAST OF EVERGREEN. THIS HOME FEATURES HARDWOOD FLOORS, DINING AREA, TWO BEDROOMS AND FULL BATH ON THE MAIN FLOOR, A LARGE PRIMARY BEDROOM ON THE SECOND FLOOR, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS 950 PER MONTH. THE TENANT HAS BEEN IN THE HOME SINCE 2022 AND IS IN A LEASE UNTIL 8/31/26. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING. * * PHOTOS ARE FROM 2022, BEFORE THE TENANT MOVED IN * *

17. 2025-11-07
    listed $76,900 Active 651-char remark

    Show marketing remark (651 chars)

    SECTION 8 TENANT OCCUPIED INVESTMENT PROPERTY! THIS BUNGALOW HOME IS LOCATED NORTH OF TIREMAN AND EAST OF EVERGREEN. THIS HOME FEATURES HARDWOOD FLOORS, DINING AREA, TWO BEDROOMS AND FULL BATH ON THE MAIN FLOOR, A LARGE PRIMARY BEDROOM ON THE SECOND FLOOR, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS 950 PER MONTH. THE TENANT HAS BEEN IN THE HOME SINCE 2022 AND IS IN A LEASE UNTIL 8/31/26. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING. * * PHOTOS ARE FROM 2022, BEFORE THE TENANT MOVED IN * *

18. 2025-11-07
    listed $76,900 Active 651-char remark

    Show marketing remark (651 chars)

    SECTION 8 TENANT OCCUPIED INVESTMENT PROPERTY! THIS BUNGALOW HOME IS LOCATED NORTH OF TIREMAN AND EAST OF EVERGREEN. THIS HOME FEATURES HARDWOOD FLOORS, DINING AREA, TWO BEDROOMS AND FULL BATH ON THE MAIN FLOOR, A LARGE PRIMARY BEDROOM ON THE SECOND FLOOR, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS 950 PER MONTH. THE TENANT HAS BEEN IN THE HOME SINCE 2022 AND IS IN A LEASE UNTIL 8/31/26. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING. * * PHOTOS ARE FROM 2022, BEFORE THE TENANT MOVED IN * *

19. 2019-01-03
    soldstatus $420,000
20. 2008-06-23
    soldstatus $7,000
21. 2008-06-23
    soldstatus $7,000
22. 2008-05-23
    historical
23. 2007-10-30
    listed $14,900
24. 2007-10-30
    listed $14,900
25. 2005-10-27
    soldstatus $73,000

ⓘ 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: $1,288 · $107/mo
• Projected year-2 tax: $1,288 · $107/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 ≥99°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: $14,916
• − Mortgage interest: −$3,915
• − Property taxes: −$1,288
• − Insurance: −$350
• − Repairs & maintenance: −$1,193
• − Management: −$1,193
• − Depreciation: −$2,033
• Taxable income: $4,943
• Est. tax owed @ 24.0%: −$1,186
• After-tax cash flow: $4,561/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): 50,117
• Household income: $30,680
• Rent vs Own: 50.7% rent · 49.3% own
• Severe rent burden: 4144.0

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 (71%)
• Race & ethnicity: Black 71% White 16% Two or more races 7% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Arab 2% Romanian 2% Lithuanian 1%
• Foreign-born: 11% · Canada
• Languages at home: 82% English-only · Arabic 11% Spanish 5%

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: ▼ -160.81%
• Current HPI: 168.6843
• Rent YoY: ▼ -2.30%
• 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

-4.2% since first listed

19 events — show timeline

• 2026-04-22 Relisted — MiRealSource-MiMLS
• 2026-04-22 Relisted — REALCOMP
• 2026-04-07 Pending — MiRealSource-MiMLS
• 2026-04-07 Pending — REALCOMP
• 2026-04-02 Price Changed $69,900 MiRealSource-MiMLS
• 2026-04-02 Price Changed $69,900 REALCOMP
• 2026-01-30 Price Changed $75,900 MiRealSource-MiMLS
• 2026-01-29 Price Changed $75,900 REALCOMP
• 2025-11-21 Price Changed $76,400 MiRealSource-MiMLS
• 2025-11-20 Price Changed $76,400 REALCOMP
• 2025-11-07 Listed $76,900 REALCOMP
• 2025-11-07 Listed $76,900 MiRealSource-MiMLS
• 2019-01-03 Sold (Public Records) $420,000 Public Records
• 2008-06-23 Sold (MLS) $7,000 MiRealSource-MiMLS
• 2008-06-23 Sold (MLS) $7,000 REALCOMP
• 2008-05-23 Listing Removed — MiRealSource-MiMLS
• 2007-10-30 Listed $14,900 MiRealSource-MiMLS
• 2007-10-30 Listed $14,900 REALCOMP
• 2005-10-27 Sold (Public Records) $73,000 Public Records

Property tax history

+1.2%/yr

Latest (2025): $1,288 · -54.0% YoY. Source: county tax records.