5521 Marseilles St · Detroit, MI 48224

$54,900

3 bd · 1.0 ba · 928 sqft · SingleFamily public records · 156 Days on market

Built 1939 5,227 sqft lot $59/sqft · 18% below area Est $67k · 18% under

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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 +15.0/15.0
• 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

Listing remarks MLS

Calling all investors and first-time home buyers! This charming bungalow in Detroit’s desirable Cornerstone Village neighborhood is a great opportunity to add to a rental portfolio or create a personalized primary residence. Offering 3 bedrooms, 1 full bath, a basement, and a detached garage, this home has strong potential for value and income. Featuring newer roof, newer windows and a newer kitchen. Conveniently located near Balduck Park, Eastside Tennis, and ESH Ice Arena, with easy access to local amenities. Sold as-is. Don’t miss this solid investment in a prime Eastside location!

Key facts

• Near eastside tennis
• Newer kitchen
• Newer roof

Tags

• NEWER ROOF
• NEWER WINDOWS
• NEWER KITCHEN
• NEAR BALDUCK PARK
• NEAR EASTSIDE TENNIS
• NEAR ESH ICE ARENA

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $55k.

Deal economics

• At list price, monthly cash flow is $660 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $55k).
• Recommended offer: $48k (12.0% below list) — sets the bar for market timing.
• Cap rate 20.7% vs local median 10.2% in Detroit — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
• Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 484 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 36% of the median local income ($45k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $380 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 $15k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 156 days — a 12% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 27y ago; this cycle's ask has dropped $20k (27%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $1k; list at $55k implies a 5390% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1939 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $48,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 156 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1939 — 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: 2.47% ✓
• Cap rate: 20.72%
• Cash-on-cash: 51.52%
• DSCR: 3.29
• GRM: 3.4

CMA / ARV

• ARV (median comp): $66,901
• List price: $54,900
• Delta: -17.94%
• 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
5981 University Pl	0.31mi	3/1.0	964 (+4%)	3mo	$64,000	$66	76
5220 University Pl	0.13mi	2/1.0 (-1)	1,001 (+8%)	0mo	$40,000	$40	76
6156 Lodewyck St	0.42mi	3/1.0	900 (-3%)	1mo	$51,000	$57	75
5252 Lodewyck St	0.13mi	3/1.5	1,006 (+8%)	5mo	$105,000	$104	74
6135 Marseilles St	0.39mi	3/1.0	988 (+6%)	0mo	$55,000	$56	71
6106 Oldtown St	0.54mi	3/1.5	961 (+4%)	1mo	$132,000	$137	66
6015 Hereford St	0.36mi	2/1.0 (-1)	886 (-4%)	6mo	$85,000	$96	65
5243 Neff Ave	0.23mi	2/1.0 (-1)	816 (-12%)	6mo	$85,000	$104	59
5955 Guilford St	0.43mi	3/1.0	802 (-14%)	6mo	$43,000	$54	53
5007 Ashley St	0.51mi	2/1.0 (-1)	817 (-12%)	2mo	$30,000	$37	49
19134 Mallina St	0.67mi	3/1.0	1,032 (+11%)	2mo	$179,000	$173	48
4481 Radnor St	0.57mi	2/1.0 (-1)	792 (-15%)	5mo	$32,000	$40	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.73% rent growth · sell at horizon

5-year hold

• IRR: 46.7%
• Equity multiple: 2.96×
• Total profit: $30,148
• Equity at exit: $8,186

10-year hold

• IRR: 51.5%
• Equity multiple: 5.47×
• Total profit: $68,661
• Equity at exit: $4,747

Cash invested: $15,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48224

• Rents YoY: 0.7%
• Active inventory: 484
• Price-to-rent: 3.4×

Monthly cashflow live

• Estimated rent: $1,357 high
• Mortgage (P&I): −$288
• Tax from tax record: −$101 /mo · $1,212/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$285
• Net cashflow: $660

Break-even live

Break-even rent $521

Max offer price $54,900

Occupancy floor 46%

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: $13,725
• Closing costs: $1,647
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5915 Farmbrook St Detroit, MI	3.0	1.5	1000	$1,250	$1.25	24d	1	0.25mi
5786 Neff Ave Detroit, MI	3.0	1.5	1100	$1,225	$1.11	16d	1	0.25mi
6175 Marseilles St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	43d	1	0.41mi
5955 Guilford St Detroit, MI	3.0	1.0	802	$1,400	$1.75	17d	1	0.43mi
6181 Neff Ave Detroit, MI	3.0	1.0	1102	$1,299	$1.18	17d	1	0.47mi
6301 Lodewyck St Detroit, MI	3.0	1.0	1084	$1,300	$1.20	12d	1	0.47mi
6325 Neff Ave Detroit, MI	3.0	1.0	1000	$1,500	$1.50	2d	1	0.53mi
17720 Chester St Detroit, MI	2.0	1.0	986	$1,250	$1.27	43d	1	0.55mi
17710 Chester St Detroit, MI	2.0	1.0	984	$1,250	$1.27	43d	1	0.55mi
6304 Bluehill St Detroit, MI	3.0	1.0	1088	$1,500	$1.38	43d	1	0.59mi
22144 Moross Rd Grosse Pointe, MI	2.0	1.0	819	$1,350	$1.65	2d	1	0.61mi
22144 Moross Rd Grosse Pointe, MI	2.0	1.0	819	$1,350	$1.65	17d	1	0.61mi
22148 Moross Rd Grosse Pointe, MI	2.0	1.0	819	$1,250	$1.53	17d	1	0.61mi
22148 Moross Rd Grosse Pointe, MI	2.0	1.0	819	$1,250	$1.53	2d	1	0.61mi
4865 Cadieux Rd Unit 11 Detroit, MI	2.0	1.0	630	$1,200	$1.90	43d	1	0.61mi
4837 Cadieux Rd Unit 9 Detroit, MI	2.0	1.0	650	$1,200	$1.85	43d	1	0.62mi
17137 Ontario St Unit 1 Detroit, MI	2.0	1.0	982	$1,123	$1.14	24d	1	0.62mi
4811 Cadieux Rd Unit 10 Detroit, MI	2.0	1.0	663	$1,200	$1.81	43d	1	0.64mi
4811 Cadieux Rd Unit 11 Detroit, MI	2.0	1.0	663	$1,200	$1.81	21d	1	0.64mi
21401 Kingsville St Harper Woods, MI	2.0	1.0	944	$1,200	$1.27	24d	1	0.75mi
5783 Yorkshire Rd Detroit, MI	2.0	1.0	1040	$1,200	$1.15	43d	1	0.76mi
19203 Edgefield St Harper Woods, MI	2.0	1.0	1100	$1,100	$1.00	24d	1	0.84mi
10542 Lanark St Detroit, MI	3.0	1.0	1023	$1,250	$1.22	43d	1	0.85mi
10037 Grayton St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	3d	1	1.03mi
10370 Britain St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	43d	1	1.03mi
10177 Boleyn St Detroit, MI	3.0	1.0	767	$1,250	$1.63	43d	1	1.05mi
10400 Britain St Detroit, MI	3.0	1.0	890	$1,100	$1.24	43d	1	1.06mi
10692 Meuse St Detroit, MI	3.0	1.0	955	$1,250	$1.31	12d	1	1.06mi
20461 Kingsville St Harper Woods, MI	4.0	1.0	1100	$1,399	$1.27	14d	1	1.07mi
890 Neff Rd Grosse Pointe, MI	2.0	1.0	1100	$2,000	$1.82	24d	1	1.10mi
10985 Peerless St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	4d	1	1.11mi
5028 Bedford St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	4d	1	1.13mi
5284 Devonshire Rd Detroit, MI	2.0	1.0	650	$1,050	$1.62	24d	1	1.16mi
5031 Bedford St Detroit, MI	2.0	1.0	876	$1,870	$2.13	1d	1	1.16mi
5112 Haverhill St Unit 1 Detroit, MI	2.0	1.0	1000	$1,100	$1.10	43d	1	1.22mi
4627 Bedford St Unit 1 Detroit, MI	2.0	1.0	1050	$945	$0.90	19d	1	1.24mi
19982 McCormick St Detroit, MI	3.0	1.0	866	$1,200	$1.39	3d	1	1.26mi
10404 Somerset Ave Detroit, MI	3.0	1.0	1108	$1,475	$1.33	3d	1	1.28mi
5235 Chatsworth St Detroit, MI	2.0	1.0	900	$1,050	$1.17	43d	1	1.40mi
11235 Roxbury St Detroit, MI	3.0	1.0	1062	$1,325	$1.25	17d	1	1.43mi

Listing history 40 events

1. 2026-06-17
   days on market $54,900 Active 156 DOM
2. 2026-06-15
   days on market $54,900 Active 154 DOM
3. 2026-06-13
   days on market $54,900 Active 152 DOM
4. 2026-06-13
   days on market $54,900 Active 151 DOM
5. 2026-06-09
   days on market $54,900 Active 148 DOM
6. 2026-06-08
   days on market $54,900 Active 147 DOM
7. 2026-06-07
   days on market $54,900 Active 146 DOM
8. 2026-06-04
   days on market $54,900 Active 143 DOM
9. 2026-06-03
   days on market $54,900 Active 142 DOM
10. 2026-06-01
    days on market $54,900 Active 140 DOM
11. 2026-05-31
    days on market $54,900 Active 139 DOM
12. 2026-05-05
    price $59,999 603-char remark

    Show marketing remark (591 chars)

    Calling all investors and first-time home buyers! This charming bungalow in Detroit's desirable Cornerstone Village neighborhood is a great opportunity to add to a rental portfolio or create a personalized primary residence. Offering 3 bedrooms, 1 full bath, a basement, and a detached garage, this home has strong potential for value and income. Featuring newer roof, newer windows and a newer kitchen. Conveniently located near Balduck Park, Eastside Tennis, and ESH Ice Arena, with easy access to local amenities. Sold as-is. Don't miss this solid investment in a prime Eastside location!

13. 2026-05-05
    price $63,999 603-char remark

    Show marketing remark (591 chars)

    Calling all investors and first-time home buyers! This charming bungalow in Detroit's desirable Cornerstone Village neighborhood is a great opportunity to add to a rental portfolio or create a personalized primary residence. Offering 3 bedrooms, 1 full bath, a basement, and a detached garage, this home has strong potential for value and income. Featuring newer roof, newer windows and a newer kitchen. Conveniently located near Balduck Park, Eastside Tennis, and ESH Ice Arena, with easy access to local amenities. Sold as-is. Don't miss this solid investment in a prime Eastside location!

14. 2026-05-05
    price $59,999 591-char remark

    Show marketing remark (591 chars)

    Calling all investors and first-time home buyers! This charming bungalow in Detroit's desirable Cornerstone Village neighborhood is a great opportunity to add to a rental portfolio or create a personalized primary residence. Offering 3 bedrooms, 1 full bath, a basement, and a detached garage, this home has strong potential for value and income. Featuring newer roof, newer windows and a newer kitchen. Conveniently located near Balduck Park, Eastside Tennis, and ESH Ice Arena, with easy access to local amenities. Sold as-is. Don't miss this solid investment in a prime Eastside location!

15. 2026-04-06
    price $64,500 603-char remark

    Show marketing remark (591 chars)

    Calling all investors and first-time home buyers! This charming bungalow in Detroit's desirable Cornerstone Village neighborhood is a great opportunity to add to a rental portfolio or create a personalized primary residence. Offering 3 bedrooms, 1 full bath, a basement, and a detached garage, this home has strong potential for value and income. Featuring newer roof, newer windows and a newer kitchen. Conveniently located near Balduck Park, Eastside Tennis, and ESH Ice Arena, with easy access to local amenities. Sold as-is. Don't miss this solid investment in a prime Eastside location!

16. 2026-04-06
    price $64,500 591-char remark

    Show marketing remark (591 chars)

    Calling all investors and first-time home buyers! This charming bungalow in Detroit's desirable Cornerstone Village neighborhood is a great opportunity to add to a rental portfolio or create a personalized primary residence. Offering 3 bedrooms, 1 full bath, a basement, and a detached garage, this home has strong potential for value and income. Featuring newer roof, newer windows and a newer kitchen. Conveniently located near Balduck Park, Eastside Tennis, and ESH Ice Arena, with easy access to local amenities. Sold as-is. Don't miss this solid investment in a prime Eastside location!

17. 2026-01-18
    price $69,900 603-char remark

    Show marketing remark (603 chars)

    Calling all investors and first-time home buyers! This charming bungalow in Detroit’s desirable Cornerstone Village neighborhood is a great opportunity to add to a rental portfolio or create a personalized primary residence. Offering 3 bedrooms, 1 full bath, a basement, and a detached garage, this home has strong potential for value and income. Featuring newer roof, newer windows and a newer kitchen. Conveniently located near Balduck Park, Eastside Tennis, and ESH Ice Arena, with easy access to local amenities. Sold as-is. Don’t miss this solid investment in a prime Eastside location!

18. 2026-01-18
    price $69,999 603-char remark

    Show marketing remark (603 chars)

    Calling all investors and first-time home buyers! This charming bungalow in Detroit’s desirable Cornerstone Village neighborhood is a great opportunity to add to a rental portfolio or create a personalized primary residence. Offering 3 bedrooms, 1 full bath, a basement, and a detached garage, this home has strong potential for value and income. Featuring newer roof, newer windows and a newer kitchen. Conveniently located near Balduck Park, Eastside Tennis, and ESH Ice Arena, with easy access to local amenities. Sold as-is. Don’t miss this solid investment in a prime Eastside location!

19. 2026-01-17
    price $69,900 591-char remark

    Show marketing remark (591 chars)

    Calling all investors and first-time home buyers! This charming bungalow in Detroit's desirable Cornerstone Village neighborhood is a great opportunity to add to a rental portfolio or create a personalized primary residence. Offering 3 bedrooms, 1 full bath, a basement, and a detached garage, this home has strong potential for value and income. Featuring newer roof, newer windows and a newer kitchen. Conveniently located near Balduck Park, Eastside Tennis, and ESH Ice Arena, with easy access to local amenities. Sold as-is. Don't miss this solid investment in a prime Eastside location!

20. 2026-01-17
    price $69,999 591-char remark

    Show marketing remark (591 chars)

    Calling all investors and first-time home buyers! This charming bungalow in Detroit's desirable Cornerstone Village neighborhood is a great opportunity to add to a rental portfolio or create a personalized primary residence. Offering 3 bedrooms, 1 full bath, a basement, and a detached garage, this home has strong potential for value and income. Featuring newer roof, newer windows and a newer kitchen. Conveniently located near Balduck Park, Eastside Tennis, and ESH Ice Arena, with easy access to local amenities. Sold as-is. Don't miss this solid investment in a prime Eastside location!

21. 2026-01-12
    listed $74,999 Active 591-char remark

    Show marketing remark (603 chars)

    Calling all investors and first-time home buyers! This charming bungalow in Detroit’s desirable Cornerstone Village neighborhood is a great opportunity to add to a rental portfolio or create a personalized primary residence. Offering 3 bedrooms, 1 full bath, a basement, and a detached garage, this home has strong potential for value and income. Featuring newer roof, newer windows and a newer kitchen. Conveniently located near Balduck Park, Eastside Tennis, and ESH Ice Arena, with easy access to local amenities. Sold as-is. Don’t miss this solid investment in a prime Eastside location!

22. 2026-01-12
    listed $74,999 Active 603-char remark

    Show marketing remark (603 chars)

    Calling all investors and first-time home buyers! This charming bungalow in Detroit’s desirable Cornerstone Village neighborhood is a great opportunity to add to a rental portfolio or create a personalized primary residence. Offering 3 bedrooms, 1 full bath, a basement, and a detached garage, this home has strong potential for value and income. Featuring newer roof, newer windows and a newer kitchen. Conveniently located near Balduck Park, Eastside Tennis, and ESH Ice Arena, with easy access to local amenities. Sold as-is. Don’t miss this solid investment in a prime Eastside location!

23. 2009-04-02
    soldstatus $1,000
24. 2009-04-02
    soldstatus $1,000
25. 2009-02-10
    historical
26. 2008-12-22
    listed $4,500
27. 2008-11-07
    listed $4,500
28. 2008-03-12
    historical
29. 2008-03-07
    historical
30. 2007-08-09
    historical
31. 2007-06-22
    listed $38,945
32. 2007-06-22
    listed $38,945
33. 2007-06-22
    listed $50,400
34. 2007-05-16
    historical
35. 2007-02-16
    listed $50,400
36. 1999-08-19
    soldstatus $75,000
37. 1999-07-08
    historical
38. 1999-06-29
    listed $74,000
39. 1999-01-21
    soldstatus $25,000
40. 1999-01-21
    soldstatus $16,000

ⓘ 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: $1,212 · $101/mo
• Projected year-2 tax: $1,212 · $101/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 ≥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

Taxation est. · year 1

• Rental income: $16,279
• − Mortgage interest: −$3,075
• − Property taxes: −$1,212
• − Insurance: −$274
• − Repairs & maintenance: −$1,302
• − Management: −$1,302
• − Depreciation: −$1,597
• Taxable income: $7,516
• Est. tax owed @ 24.0%: −$1,804
• After-tax cash flow: $6,116/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Detroit Public Schools Community District
• NCES district ID: 2601103
• Math proficiency: 10% ▼ -2.00%
• Reading proficiency: 24% ▲ 6.00%
• Median HH income: $25,815
• Composite: 13.06/100
• National rank: #9564
• State rank: #499 of 540 in MI

Livability — Detroit

• Score: 73/100
• State rank: #218
• US rank: #5427

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Detroit, MI
• County: Wayne County · 1,562,939 people
• City population: 572,865
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 39,668
• Household income: $44,856
• Rent vs Own: 44.1% rent · 55.9% own
• Severe rent burden: 2515.0

Population outlook (Wayne County) Hauer SSP2

• Today (2025): 1,675,273 people
• By 2030: 1,620,300 · -3.3%
• By 2040: 1,502,341 · -10.3%
• By 2050: 1,384,039 · -17.4%
• By 2075: 1,124,592 · -32.9%
• By 2100: 881,193 · -47.4%

Race, ethnicity, and origin ACS 2023

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

Political lean MEDSL · Wayne

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

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -226.38%
• Current HPI: 161.886
• Rent YoY: ▲ 0.73%
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+140.0% since first listed

29 events — show timeline

• 2026-05-05 Price Changed $59,999 MiRealSource-MiMLS
• 2026-05-05 Price Changed $63,999 MiRealSource-MiMLS
• 2026-05-05 Price Changed $59,999 REALCOMP
• 2026-04-06 Price Changed $64,500 MiRealSource-MiMLS
• 2026-04-06 Price Changed $64,500 REALCOMP
• 2026-01-18 Price Changed $69,900 MiRealSource-MiMLS
• 2026-01-18 Price Changed $69,999 MiRealSource-MiMLS
• 2026-01-17 Price Changed $69,900 REALCOMP
• 2026-01-17 Price Changed $69,999 REALCOMP
• 2026-01-12 Listed $74,999 REALCOMP
• 2026-01-12 Listed $74,999 MiRealSource-MiMLS
• 2009-04-02 Sold (MLS) $1,000 REALCOMP
• 2009-04-02 Sold (MLS) $1,000 MiRealSource-MiMLS
• 2009-02-10 Listing Removed — MiRealSource-MiMLS
• 2008-12-22 Listed $4,500 MiRealSource-MiMLS
• 2008-11-07 Listed $4,500 REALCOMP
• 2008-03-12 Listing Removed — MiRealSource-MiMLS
• 2008-03-07 Listing Removed — REALCOMP
• 2007-08-09 Listing Removed — MiRealSource-MiMLS
• 2007-06-22 Listed $50,400 MiRealSource-MiMLS
• 2007-06-22 Listed $38,945 REALCOMP
• 2007-06-22 Listed $38,945 MiRealSource-MiMLS
• 2007-05-16 Listing Removed — REALCOMP
• 2007-02-16 Listed $50,400 REALCOMP
• 1999-08-19 Sold (MLS) $75,000 MiRealSource-MiMLS
• 1999-07-08 Listing Removed — MiRealSource-MiMLS
• 1999-06-29 Listed $74,000 MiRealSource-MiMLS
• 1999-01-21 Sold (Public Records) $16,000 Public Records
• 1999-01-21 Sold (Public Records) $25,000 Public Records

Property tax history

-1.2%/yr

Latest (2025): $1,212 · -53.9% YoY. Source: county tax records.