4496 Radnor St · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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 +14.5/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- 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
$59,999
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Charming Updated Cottage in Detroit! Welcome to this beautifully refreshed cottage-style home featuring an open-concept layout with soaring vaulted ceilings and abundant natural light. The spacious living area flows into an updated kitchen equipped with modern counters, ample storage, and a convenient breakfast bar. The home includes a bright open concept and a freshly tiled bathroom complete with a deep soaking tub. Newer flooring runs throughout, and the property is equipped with a mini-split system for efficient heating and cooling. Exterior highlights include a cozy front deck, fenced yard, and private setting. Perfect for a first-time buyer, downsizer, or investor seeking a clean and move-in-ready property. A unique opportunity in the city - schedule your showing today!
Key facts
- 4,356 sq ft lot
- Built 1925
- Listed 201 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath single-family listed at $60k.
Deal economics
- At list price, monthly cash flow is $558 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $60k).
- Recommended offer: $53k (12.0% below list) — sets the bar for market timing.
- Cap rate 17.4% 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; 29 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 41% 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).
- This rent runs 31% 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 $415 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 $17k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 202 days — a 12% lower offer ($53k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 28y ago; this cycle's ask has dropped $20k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $14k; list at $60k implies a 329% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 202 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.96% ✓
- Cap rate
- 17.45%
- Cash-on-cash
- 39.83%
- DSCR
- 2.77
- GRM
- 4.3
CMA / ARV
- ARV (median comp)
- $71,082
- List price
- $59,999
- Delta
- -15.59%
- 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 |
|---|---|---|---|---|---|---|---|
| 4481 Radnor St | 0.03mi | 2/1.0 (+1) | 792 (-2%) | 5mo | $32,000 | $40 | 87 |
| 4607 Radnor St | 0.12mi | 2/1.0 (+1) | 731 (-9%) | 2mo | $50,000 | $68 | 73 |
| 5007 Ashley St | 0.48mi | 2/1.0 (+1) | 817 (+2%) | 2mo | $30,000 | $37 | 68 |
| 4811 Radnor St | 0.15mi | 2/1.0 (+1) | 719 (-11%) | 10mo | $50,000 | $70 | 62 |
| 5243 Neff Ave | 0.59mi | 2/1.0 (+1) | 816 (+2%) | 6mo | $85,000 | $104 | 60 |
| 5003 Ashley St | 0.49mi | 2/1.0 (+1) | 830 (+3%) | 10mo | $80,000 | $96 | 58 |
| 5290 University Pl | 0.53mi | 2/1.0 (+1) | 721 (-10%) | 5mo | $60,000 | $83 | 49 |
| 5251 Neff Ave | 0.60mi | 2/1.0 (+1) | 720 (-10%) | 2mo | $46,000 | $64 | 48 |
| 5298 Neff Ave | 0.61mi | 2/1.0 (+1) | 720 (-10%) | 2mo | $46,000 | $64 | 48 |
| 5745 Marseilles St | 0.71mi | 2/1.0 (+1) | 835 (+4%) | 10mo | $46,000 | $55 | 48 |
| 3950 Cadieux Rd | 0.71mi | 2/1.0 (+1) | 900 (+12%) | 0mo | $30,000 | $33 | 42 |
| 5546 Neff Ave | 0.67mi | 2/1.0 (+1) | 720 (-10%) | 14mo | $74,900 | $104 | 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 · 0.73% rent growth · sell at horizon
- IRR
- 33.7%
- Equity multiple
- 2.38×
- Total profit
- $23,160
- Equity at exit
- $8,946
- IRR
- 39.4%
- Equity multiple
- 4.31×
- Total profit
- $55,580
- Equity at exit
- $5,188
Cash invested: $16,800 (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
ZIP-level market 48224
- Rents YoY
- 0.7%
- Active inventory
- 484
- Price-to-rent
- 4.3×
Monthly cashflow live
- Estimated rent
- $1,174 high interval (Pro) →
- Mortgage (P&I)
- −$315
- Tax from tax record
- −$30 /mo · $359/yr
- Insurance
- −$25
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$246
- Net cashflow
- $558
Break-even live
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
- $15,000
- Closing costs
- $1,800
- 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 29 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 17137 Ontario St Unit 1 Detroit, MI | 2.0 | 1.0 | 982 | $1,123 | $1.14 | 24d | 1 | 0.63mi |
| 890 Neff Rd Grosse Pointe, MI | 2.0 | 1.0 | 1100 | $2,000 | $1.82 | 24d | 1 | 0.65mi |
| 4811 Cadieux Rd Unit 11 Detroit, MI | 2.0 | 1.0 | 663 | $1,200 | $1.81 | 21d | 1 | 0.69mi |
| 4811 Cadieux Rd Unit 10 Detroit, MI | 2.0 | 1.0 | 663 | $1,200 | $1.81 | 43d | 1 | 0.69mi |
| 4811 Cadieux Rd Unit 2 Detroit, MI | 1.0 | 1.0 | 600 | $950 | $1.58 | 43d | 1 | 0.69mi |
| 4837 Cadieux Rd Unit 9 Detroit, MI | 2.0 | 1.0 | 650 | $1,200 | $1.85 | 43d | 1 | 0.70mi |
| 4865 Cadieux Rd Unit 11 Detroit, MI | 2.0 | 1.0 | 630 | $1,200 | $1.90 | 43d | 1 | 0.70mi |
| 17161 Denver St Apt 10 Detroit, MI | 1.0 | 1.0 | 700 | $800 | $1.14 | 10d | 1 | 0.76mi |
| 17161 Denver St Detroit, MI | 1.0 | 1.0 | 700 | $800 | $1.14 | 12d | 1 | 0.76mi |
| 22148 Moross Rd Grosse Pointe, MI | 2.0 | 1.0 | 819 | $1,250 | $1.53 | 17d | 1 | 0.77mi |
| 22148 Moross Rd Grosse Pointe, MI | 2.0 | 1.0 | 819 | $1,250 | $1.53 | 2d | 1 | 0.77mi |
| 22144 Moross Rd Grosse Pointe, MI | 2.0 | 1.0 | 819 | $1,350 | $1.65 | 17d | 1 | 0.77mi |
| 22144 Moross Rd Grosse Pointe, MI | 2.0 | 1.0 | 819 | $1,350 | $1.65 | 2d | 1 | 0.77mi |
| 16927 Chandler Park Dr Unit 3_ Detroit, MI | 1.0 | 1.0 | 600 | $900 | $1.50 | 15d | 1 | 1.00mi |
| 16530 E Warren Ave Unit 209 Detroit, MI | 1.0 | 1.0 | 850 | $1,292 | $1.52 | 43d | 1 | 1.01mi |
| 17720 Chester St Detroit, MI | 2.0 | 1.0 | 986 | $1,250 | $1.27 | 43d | 1 | 1.12mi |
| 17710 Chester St Detroit, MI | 2.0 | 1.0 | 984 | $1,250 | $1.27 | 43d | 1 | 1.12mi |
| 5783 Yorkshire Rd Detroit, MI | 2.0 | 1.0 | 1040 | $1,200 | $1.15 | 43d | 1 | 1.17mi |
| 21401 Kingsville St Harper Woods, MI | 2.0 | 1.0 | 944 | $1,200 | $1.27 | 24d | 1 | 1.18mi |
| 21301 Kingsville St Apt 108 Harper Woods, MI | 1.0 | 1.0 | 700 | $900 | $1.29 | 3d | 1 | 1.24mi |
| 542 Neff Ln Grosse Pointe, MI | 2.0 | 1.0 | 900 | $1,595 | $1.77 | 43d | 1 | 1.30mi |
| 4627 Bedford St Unit 1 Detroit, MI | 2.0 | 1.0 | 1050 | $945 | $0.90 | 20d | 1 | 1.31mi |
| 19203 Edgefield St Harper Woods, MI | 2.0 | 1.0 | 1100 | $1,100 | $1.00 | 24d | 1 | 1.33mi |
| 5031 Bedford St Detroit, MI | 2.0 | 1.0 | 876 | $1,870 | $2.13 | 1d | 1 | 1.35mi |
| 509 Saint Clair Ave Grosse Pointe, MI | 2.0 | 1.0 | 1000 | $1,300 | $1.30 | 43d | 1 | 1.39mi |
| 5284 Devonshire Rd Unit 2 Detroit, MI | 1.0 | 1.0 | 750 | $1,050 | $1.40 | 15d | 1 | 1.42mi |
| 5284 Devonshire Rd Detroit, MI | 2.0 | 1.0 | 650 | $1,050 | $1.62 | 24d | 1 | 1.42mi |
| 5112 Haverhill St Unit 1 Detroit, MI | 2.0 | 1.0 | 1000 | $1,100 | $1.10 | 43d | 1 | 1.44mi |
| 9140 Whittier Ave Unit 1 Detroit, MI | 1.0 | 1.0 | 550 | $700 | $1.27 | 43d | 1 | 1.50mi |
Listing history 26 events
-
2026-06-18days on market $59,999 Active 202 DOM
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2026-06-17days on market $59,999 Active 201 DOM
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2026-06-15days on market $59,999 Active 199 DOM
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2026-06-13days on market $59,999 Active 197 DOM
-
2026-06-13days on market $59,999 Active 196 DOM
-
2026-06-09days on market $59,999 Active 193 DOM
-
2026-06-08days on market $59,999 Active 192 DOM
-
2026-06-07days on market $59,999 Active 191 DOM
-
2026-06-04days on market $59,999 Active 188 DOM
-
2026-06-03days on market $59,999 Active 187 DOM
-
2026-06-01days on market $59,999 Active 185 DOM
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2026-05-31days on market $59,999 Active 184 DOM
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2026-03-26price $59,999 785-char remark
Show marketing remark (789 chars)
Charming Updated Cottage in Detroit! Welcome to this beautifully refreshed cottage-style home featuring an open-concept layout with soaring vaulted ceilings and abundant natural light. The spacious living area flows into an updated kitchen equipped with modern counters, ample storage, and a convenient breakfast bar. The home includes a bright open concept and a freshly tiled bathroom complete with a deep soaking tub. Newer flooring runs throughout, and the property is equipped with a mini-split system for efficient heating and cooling. Exterior highlights include a cozy front deck, fenced yard, and private setting. Perfect for a first-time buyer, downsizer, or investor seeking a clean and move-in-ready property. A unique opportunity in the city—schedule your showing today!
-
2026-03-26price $59,999 789-char remark
Show marketing remark (789 chars)
Charming Updated Cottage in Detroit! Welcome to this beautifully refreshed cottage-style home featuring an open-concept layout with soaring vaulted ceilings and abundant natural light. The spacious living area flows into an updated kitchen equipped with modern counters, ample storage, and a convenient breakfast bar. The home includes a bright open concept and a freshly tiled bathroom complete with a deep soaking tub. Newer flooring runs throughout, and the property is equipped with a mini-split system for efficient heating and cooling. Exterior highlights include a cozy front deck, fenced yard, and private setting. Perfect for a first-time buyer, downsizer, or investor seeking a clean and move-in-ready property. A unique opportunity in the city—schedule your showing today!
-
2026-02-19price $64,900 785-char remark
Show marketing remark (785 chars)
Charming Updated Cottage in Detroit! Welcome to this beautifully refreshed cottage-style home featuring an open-concept layout with soaring vaulted ceilings and abundant natural light. The spacious living area flows into an updated kitchen equipped with modern counters, ample storage, and a convenient breakfast bar. The home includes a bright open concept and a freshly tiled bathroom complete with a deep soaking tub. Newer flooring runs throughout, and the property is equipped with a mini-split system for efficient heating and cooling. Exterior highlights include a cozy front deck, fenced yard, and private setting. Perfect for a first-time buyer, downsizer, or investor seeking a clean and move-in-ready property. A unique opportunity in the city - schedule your showing today!
-
2026-02-18price $64,900 789-char remark
Show marketing remark (789 chars)
Charming Updated Cottage in Detroit! Welcome to this beautifully refreshed cottage-style home featuring an open-concept layout with soaring vaulted ceilings and abundant natural light. The spacious living area flows into an updated kitchen equipped with modern counters, ample storage, and a convenient breakfast bar. The home includes a bright open concept and a freshly tiled bathroom complete with a deep soaking tub. Newer flooring runs throughout, and the property is equipped with a mini-split system for efficient heating and cooling. Exterior highlights include a cozy front deck, fenced yard, and private setting. Perfect for a first-time buyer, downsizer, or investor seeking a clean and move-in-ready property. A unique opportunity in the city—schedule your showing today!
-
2026-01-06price $69,999 785-char remark
Show marketing remark (789 chars)
Charming Updated Cottage in Detroit! Welcome to this beautifully refreshed cottage-style home featuring an open-concept layout with soaring vaulted ceilings and abundant natural light. The spacious living area flows into an updated kitchen equipped with modern counters, ample storage, and a convenient breakfast bar. The home includes a bright open concept and a freshly tiled bathroom complete with a deep soaking tub. Newer flooring runs throughout, and the property is equipped with a mini-split system for efficient heating and cooling. Exterior highlights include a cozy front deck, fenced yard, and private setting. Perfect for a first-time buyer, downsizer, or investor seeking a clean and move-in-ready property. A unique opportunity in the city—schedule your showing today!
-
2026-01-06price $69,999 789-char remark
Show marketing remark (789 chars)
Charming Updated Cottage in Detroit! Welcome to this beautifully refreshed cottage-style home featuring an open-concept layout with soaring vaulted ceilings and abundant natural light. The spacious living area flows into an updated kitchen equipped with modern counters, ample storage, and a convenient breakfast bar. The home includes a bright open concept and a freshly tiled bathroom complete with a deep soaking tub. Newer flooring runs throughout, and the property is equipped with a mini-split system for efficient heating and cooling. Exterior highlights include a cozy front deck, fenced yard, and private setting. Perfect for a first-time buyer, downsizer, or investor seeking a clean and move-in-ready property. A unique opportunity in the city—schedule your showing today!
-
2025-11-29$79,900 Active 785-char remark
Show marketing remark (789 chars)
Charming Updated Cottage in Detroit! Welcome to this beautifully refreshed cottage-style home featuring an open-concept layout with soaring vaulted ceilings and abundant natural light. The spacious living area flows into an updated kitchen equipped with modern counters, ample storage, and a convenient breakfast bar. The home includes a bright open concept and a freshly tiled bathroom complete with a deep soaking tub. Newer flooring runs throughout, and the property is equipped with a mini-split system for efficient heating and cooling. Exterior highlights include a cozy front deck, fenced yard, and private setting. Perfect for a first-time buyer, downsizer, or investor seeking a clean and move-in-ready property. A unique opportunity in the city—schedule your showing today!
-
2025-11-29$79,900 Active 789-char remark
Show marketing remark (789 chars)
Charming Updated Cottage in Detroit! Welcome to this beautifully refreshed cottage-style home featuring an open-concept layout with soaring vaulted ceilings and abundant natural light. The spacious living area flows into an updated kitchen equipped with modern counters, ample storage, and a convenient breakfast bar. The home includes a bright open concept and a freshly tiled bathroom complete with a deep soaking tub. Newer flooring runs throughout, and the property is equipped with a mini-split system for efficient heating and cooling. Exterior highlights include a cozy front deck, fenced yard, and private setting. Perfect for a first-time buyer, downsizer, or investor seeking a clean and move-in-ready property. A unique opportunity in the city—schedule your showing today!
-
2025-11-28historical $79,900 785-char remark
Show marketing remark (785 chars)
Charming Updated Cottage in Detroit! Welcome to this beautifully refreshed cottage-style home featuring an open-concept layout with soaring vaulted ceilings and abundant natural light. The spacious living area flows into an updated kitchen equipped with modern counters, ample storage, and a convenient breakfast bar. The home includes a bright open concept and a freshly tiled bathroom complete with a deep soaking tub. Newer flooring runs throughout, and the property is equipped with a mini-split system for efficient heating and cooling. Exterior highlights include a cozy front deck, fenced yard, and private setting. Perfect for a first-time buyer, downsizer, or investor seeking a clean and move-in-ready property. A unique opportunity in the city - schedule your showing today!
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1998-05-12soldstatus $14,000
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1998-03-09soldstatus $10,000
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1998-03-05soldstatus $8,000
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1998-02-02historical
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1998-01-30$32,900
ⓘ 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
- $359 · $30/mo
- Projected year-2 tax
- $641 · $53/mo
- Expected delta
- +$283/yr (+$24/mo · 78.8%)
ⓘ 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 ≥96°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 3 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
- $14,083
- − Mortgage interest
- −$3,361
- − Property taxes
- −$359
- − Insurance
- −$300
- − Repairs & maintenance
- −$1,127
- − Management
- −$1,127
- − Depreciation
- −$1,745
- Taxable income
- $6,065
- Est. tax owed @ 24.0%
- −$1,456
- After-tax cash flow
- $5,236/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
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
- 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
+82.4% since first listed14 events — show timeline
- 2026-03-26 Price Changed $59,999 MiRealSource-MiMLS
- 2026-03-26 Price Changed $59,999 REALCOMP
- 2026-02-19 Price Changed $64,900 MiRealSource-MiMLS
- 2026-02-18 Price Changed $64,900 REALCOMP
- 2026-01-06 Price Changed $69,999 MiRealSource-MiMLS
- 2026-01-06 Price Changed $69,999 REALCOMP
- 2025-11-29 Listed $79,900 MiRealSource-MiMLS
- 2025-11-29 Listed $79,900 REALCOMP
- 2025-11-28 Coming Soon $79,900 MiRealSource-MiMLS
- 1998-05-12 Sold (MLS) $14,000 MiRealSource-MiMLS
- 1998-03-09 Sold (Public Records) $10,000 Public Records
- 1998-03-05 Sold (Public Records) $8,000 Public Records
- 1998-02-02 Listing Removed — MiRealSource-MiMLS
- 1998-01-30 Listed $32,900 MiRealSource-MiMLS
Property tax history
-9.0%/yrLatest (2025): $359 · -84.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…