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26147 Lehigh St
B Composite 74.79
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 +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Livability +3.4/5.0
  • Rent growth +3.2/5.0
  • Condition / age +2.5/5.0
  • Schools +0.7/10.0
  • Appreciation +0.0/10.0

$80,000

26147 Lehigh St · Inkster, MI 48141
3 bd · 1.0 ba · 862 sqft · SingleFamily public records · 65 Days on market
Built 1954 5,227 sqft lot Est $116k · 31% under ↓ 6% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 26147 Lehigh! This is a nice updated ranch home that has a NEW kitchen with white cabinets, NEW flooring, freshly painted in neutral tones, Updated bathroom with custom tile, NEW vinyl siding, most of the windows are NEW, third bedroom is connected to 2nd bedroom and could be office area or nursery, spacious yard, located close to shopping and freeways. hurry before its gone. property taxes are NON homestead. FHA and VA is OK!

Key facts

  • 5,227 sq ft lot
  • Built 1954
  • Listed 65 days

Property features AI

Exterior

  • Parking: No garage
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; One story; Ground-level entry with steps; Vinyl siding exterior; Asphalt roof
  • Construction: Vinyl siding construction; Asphalt roof
  • Exterior features: Paved road access; Pets allowed (cats and dogs); No pool

Interior

  • Bathrooms: 1 full bathroom
  • Heating & cooling: Forced air heating (natural gas); No cooling
  • Interior features: Crawl space basement; 6 total rooms
  • Laundry & utility: Dedicated laundry room

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 3-bed/1.0-bath single-family listed at $80k.

Deal economics

  • At list price, monthly cash flow is $491 ($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: $75k (6.0% below list) — sets the bar for market timing.
  • Cap rate 13.7% vs local median 9.8% in Inkster — 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 67/100 on livability (#406 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D, schools F, crime F.
  • Westwood Community School District (suburban): math 6% / reading 11% proficiency, ranked #529 of 540 in MI (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+3.0%/yr); 142 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 15d 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 42% of the median local income ($39k/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 + 3.0% 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 65 days — a 6% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $5k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $75,200 (6.0% below list)

Questions for the listing agent

  1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.74%
Cap rate
13.66%
Cash-on-cash
26.29%
DSCR
2.17
GRM
4.8

CMA / ARV

ARV (on-the-fly)
$115,508
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
26159 Stanford St 0.07mi 4/1.0 (+1) 850 (-1%) 2mo $92,000 $108 88
26076 Colgate St 0.16mi 3/1.0 950 (+10%) 6mo $111,610 $117 70
26656 Kitch St 0.57mi 3/1.0 909 (+6%) 5mo $60,000 $66 60
25885 Currier St 0.47mi 3/1.0 936 (+9%) 5mo $117,000 $125 59
25038 Annapolis St 0.69mi 2/1.0 (-1) 841 (-2%) 1mo $125,000 $149 58
25046 Andover Dr 0.71mi 3/1.0 910 (+6%) 3mo $140,000 $154 55
25716 Notre Dame St 0.71mi 2/1.0 (-1) 850 (-1%) 6mo $105,000 $124 55
25007 Hopkins St 0.72mi 2/1.0 (-1) 841 (-2%) 4mo $129,000 $153 54
25037 Hopkins St 0.68mi 2/1.0 (-1) 812 (-6%) 2mo $159,900 $197 51
25036 Colgate St 0.70mi 3/1.0 945 (+10%) 1mo $85,000 $90 50
26825 Kitch St 0.60mi 3/1.0 972 (+13%) 2mo $130,000 $134 49
26131 Amherst St 0.56mi 3/1.0 988 (+15%) 3mo $136,000 $138 47

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 · 2.95% rent growth · sell at horizon

5-year hold
IRR
20.0%
Equity multiple
1.82×
Total profit
$18,280
Equity at exit
$11,928
10-year hold
IRR
28.3%
Equity multiple
3.50×
Total profit
$56,102
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.

ZIP-level market 48141

Home prices YoY
-2.9%
Rents YoY
3.0%
Active inventory
142
Price-to-rent
4.8×

Monthly cashflow live

Estimated rent
$1,388 high interval (Pro) →
Mortgage (P&I)
$420
Tax from tax record
$153 /mo · $1,834/yr
Insurance
$33
HOA
$0
Vacancy / Maint / Mgmt
$291
Net cashflow
$491

Break-even live

Break-even rent $767
Max offer price $80,000
Occupancy floor 60%

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

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 22 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
26089 Lehigh St Inkster, MI 2.0 1.0 900 $1,295 $1.44 17d 1 0.06mi
26159 Stanford St Inkster, MI 4.0 1.0 1056 $1,350 $1.28 5d 1 0.10mi
26382 Colgate St Inkster, MI 2.0 1.0 850 $935 $1.10 24d 1 0.31mi
25722 Carlysle St Dearborn Heights, MI 3.0 1.0 1040 $1,450 $1.39 17d 1 0.51mi
3755 Heritage Pkwy Dearborn, MI 2.0 1.0 830 $1,450 $1.75 43d 1 0.58mi
3763 Heritage Pkwy Dearborn, MI 2.0 1.5 1035 $1,450 $1.40 43d 1 0.62mi
3809 Heritage Pkwy Dearborn, MI 2.0 1.5 1035 $1,400 $1.35 43d 1 0.64mi
26707 Penn St Inkster, MI 3.0 1.0 900 $1,400 $1.56 5d 1 0.64mi
26742 Penn St Inkster, MI 3.0 1.0 1000 $1,300 $1.30 16d 1 0.68mi
25016 Lehigh St Dearborn Heights, MI 2.0 1.0 1000 $1,400 $1.40 4d 1 0.69mi
24684 Lehigh St Dearborn Heights, MI 4.0 1.0 878 $1,600 $1.82 12d 1 0.81mi
27139 Penn St Inkster, MI 3.0 1.0 832 $675 $0.81 17d 1 0.82mi
5845 Michael St Taylor, MI 2.0 1.0 618 $1,325 $2.14 4d 1 0.83mi
24601 Andover Dr Dearborn Heights, MI 3.0 1.5 1092 $1,700 $1.56 2d 1 0.91mi
25745 Princeton St Dearborn Heights, MI 3.0 1.0 1080 $1,500 $1.39 11d 1 0.93mi
24442 Union St Dearborn, MI 3.0 1.5 1000 $1,900 $1.90 1d 1 1.07mi
24154 Dartmouth St Dearborn, MI 2.0 1.0 950 $1,275 $1.34 15d 1 1.12mi
4481 Westpoint St Dearborn Heights, MI 3.0 2.0 768 $1,549 $2.02 14d 1 1.29mi
4301 Harriet St Unit A-1 Inkster, MI 2.0 1.5 1000 $1,300 $1.30 43d 1 1.33mi
4167 Isabelle St Inkster, MI 2.0 1.0 900 $1,295 $1.44 17d 1 1.39mi
4080 Isabelle St Inkster, MI 4.0 1.0 975 $1,150 $1.18 14d 1 1.42mi
3236 Walnut St Inkster, MI 3.0 1.0 1096 $1,495 $1.36 3d 1 1.43mi

Listing history 19 events

  1. 2026-06-18
    days on market $80,000 Active 65 DOM
  2. 2026-06-17
    days on market $80,000 Active 64 DOM
  3. 2026-06-16
    days on market $80,000 Active 63 DOM
  4. 2026-06-15
    days on market $80,000 Active 62 DOM
  5. 2026-06-13
    days on market $80,000 Active 60 DOM
  6. 2026-06-13
    days on market $80,000 Active 59 DOM
  7. 2026-06-09
    days on market $80,000 Active 56 DOM
  8. 2026-06-08
    days on market $80,000 Active 55 DOM
  9. 2026-06-07
    days on market $80,000 Active 54 DOM
  10. 2026-06-04
    days on market $80,000 Active 51 DOM
  11. 2026-06-03
    days on market $80,000 Active 50 DOM
  12. 2026-06-02
    days on market $80,000 Active 49 DOM
  13. 2026-06-01
    days on market $80,000 Active 48 DOM
  14. 2026-05-31
    days on market $80,000 Active 47 DOM
  15. 2026-05-12
    price $80,000 441-char remark
    Show marketing remark (441 chars)

    Welcome to 26147 Lehigh! This is a nice updated ranch home that has a NEW kitchen with white cabinets, NEW flooring, freshly painted in neutral tones, Updated bathroom with custom tile, NEW vinyl siding, most of the windows are NEW, third bedroom is connected to 2nd bedroom and could be office area or nursery, spacious yard, located close to shopping and freeways. hurry before its gone. property taxes are NON homestead. FHA and VA is OK!

  16. 2026-05-11
    price $80,000
  17. 2026-04-15
    listed $85,000 Active 441-char remark
    Show marketing remark (441 chars)

    Welcome to 26147 Lehigh! This is a nice updated ranch home that has a NEW kitchen with white cabinets, NEW flooring, freshly painted in neutral tones, Updated bathroom with custom tile, NEW vinyl siding, most of the windows are NEW, third bedroom is connected to 2nd bedroom and could be office area or nursery, spacious yard, located close to shopping and freeways. hurry before its gone. property taxes are NON homestead. FHA and VA is OK!

  18. 2026-04-15
    listed $85,000 Active
    Show marketing remark (441 chars)

    Welcome to 26147 Lehigh! This is a nice updated ranch home that has a NEW kitchen with white cabinets, NEW flooring, freshly painted in neutral tones, Updated bathroom with custom tile, NEW vinyl siding, most of the windows are NEW, third bedroom is connected to 2nd bedroom and could be office area or nursery, spacious yard, located close to shopping and freeways. hurry before its gone. property taxes are NON homestead. FHA and VA is OK!

  19. 2026-04-14
    historical $85,000 441-char remark
    Show marketing remark (441 chars)

    Welcome to 26147 Lehigh! This is a nice updated ranch home that has a NEW kitchen with white cabinets, NEW flooring, freshly painted in neutral tones, Updated bathroom with custom tile, NEW vinyl siding, most of the windows are NEW, third bedroom is connected to 2nd bedroom and could be office area or nursery, spacious yard, located close to shopping and freeways. hurry before its gone. property taxes are NON homestead. FHA and VA is OK!

ⓘ 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
$1,834 · $153/mo
Projected year-2 tax
$1,834 · $153/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 ≥98°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$16,656
− Mortgage interest
−$4,481
− Property taxes
−$1,834
− Insurance
−$400
− Repairs & maintenance
−$1,332
− Management
−$1,332
− Depreciation
−$2,327
Taxable income
$4,948
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,188
After-tax cash flow
$4,702/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
Westwood Community School District
NCES district ID
2611640
Math proficiency
6% ▼ -6.00%
Reading proficiency
11% ▼ -6.00%
Median HH income
$36,350
Composite
7.06/100
National rank
#9967
State rank
#529 of 540 in MI

Livability — Inkster

Score
67/100
State rank
#406
US rank
#11087

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Inkster, MI
County
Wayne County · 1,562,939 people
City population
25,428
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
25,428
Household income
$39,252
Rent vs Own
53.2% rent · 46.8% own
Severe rent burden
1558.0

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 (72%)
Race & ethnicity
Black 72% White 17% Two or more races 7% Hispanic / Latino 2% Asian 1%
Common ancestry
Romanian 3% Slovak 1% Italian 1%
Foreign-born
5% · Canada, China
Languages at home
92% English-only · Arabic 3% Other Asian/Pacific 1% Spanish 1%

Political lean MEDSL · Wayne

2024 margin
Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
2008→2024 swing
-20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
All cycles
2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -11.74%
Current HPI
390.2139
Rent YoY
▲ 2.95%
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

-5.9% since first listed
5 events — show timeline
  • 2026-05-12 Price Changed $80,000 MiRealSource-MiMLS
  • 2026-05-11 Price Changed $80,000 REALCOMP
  • 2026-04-15 Listed $85,000 MiRealSource-MiMLS
  • 2026-04-15 Listed $85,000 REALCOMP
  • 2026-04-14 Coming Soon $85,000 MiRealSource-MiMLS

Property tax history

-3.6%/yr

Latest (2025): $1,834 · -15.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…