19365 Goddard 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
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 2/10 · Minimal
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C 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
- DSCR +10.0/10.0
- 1% rule +8.3/10.0
- Rent growth +4.2/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$99,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome home to this beautiful all brick 3-bedroom, 1-bathroom house that perfectly blends modern updates with classic charm. The kitchen is brand new with granite countertops, ceramic tile floors and backsplash, and a convenient pantry right by the side doors. The bathroom has been completely updated with ceramic tile floors and walls. The spacious living room features a natural fireplace, and hardwood floors flow throughout the home, adding warmth and character. The basement is clean, freshly painted, and ready for extra storage, a playroom, or a hangout space. All the big ticket updates are: new furnace(2025), water heater(2025), new plumbing, new electrical panel and updated electrical. Outside, new windows, doors, gutters, and security entry doors add both style and practicality. You'll love the large, fully fenced backyard; perfect for kids, pets, or outdoor fun. This home is truly move-in ready and is waiting for you! This home is being monitored by cameras. * * * Buyer to verify all measurements and square footage. All taxes must be verified by the buyer and agent. * * * BATVAI
Key facts
- Brand new kitchen
- All brick
- Ceramic tile floors
Tags
Property features AI
Exterior
- Parking: Detached 1-car garage
- Utilities: Public water; Public sewer; Water available
- Home design: Single-family residence; One and one-half stories; Ground-level entry with steps; Brick exterior
- Construction: Asphalt roof; Block foundation; Built with brick construction
- Exterior features: Back yard with fencing; Paved road frontage
Interior
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating (natural gas); No central cooling
- Interior features: Unfurnished; Gas water heater; Unfinished basement; 6 total rooms
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $100k.
Deal economics
- At list price, monthly cash flow is $400 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $100k).
- Recommended offer: $97k (3.0% below list) — sets the bar for market timing.
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 rising fast (+6.7%/yr); 227 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 20d 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).
- At $1,329/mo this rent would consume 45% of the median local household income ($35k/yr) (locally 2372% 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 $691 of loan paydown is wiped out by about $3k 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 + 6.7% rent growth), your $28k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 53 days — a 3% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $25k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1942 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 53 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1942 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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
- 1.33% ✓
- Cap rate
- 11.10%
- Cash-on-cash
- 17.16%
- DSCR
- 1.76
- GRM
- 6.3
CMA / ARV
- ARV (on-the-fly)
- $74,382
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 19365 Goddard St | 0.00mi | 3/1.0 | 1,100 (+2%) | 1mo | $97,500 | $89 | 96 |
| 19662 Charest St | 0.40mi | 3/1.0 | 1,041 (-3%) | 2mo | $69,000 | $66 | 74 |
| 19163 Orleans St | 0.41mi | 2/1.0 (-1) | 1,080 (+0%) | 2mo | $32,500 | $30 | 74 |
| 19181 Marx St | 0.35mi | 3/1.0 | 1,152 (+7%) | 1mo | $40,500 | $35 | 72 |
| 19360 Revere St | 0.53mi | 3/1.0 | 1,050 (-3%) | 2mo | $78,000 | $74 | 70 |
| 19711 Greeley St | 0.53mi | 3/1.0 | 1,125 (+4%) | 4mo | $75,000 | $67 | 65 |
| 19710 Greeley St | 0.51mi | 3/1.5 | 1,143 (+6%) | 3mo | $80,000 | $70 | 62 |
| 19145 Riopelle St | 0.48mi | 3/2.0 | 1,152 (+7%) | 2mo | $80,000 | $69 | 60 |
| 19155 Gallagher St | 0.45mi | 3/1.5 | 1,208 (+12%) | 0mo | $129,900 | $108 | 57 |
| 19619 Norwood St | 0.56mi | 3/1.0 | 941 (-13%) | 2mo | $30,500 | $32 | 51 |
| 20041 Marx St | 0.51mi | 3/1.5 | 1,233 (+14%) | 2mo | $130,500 | $106 | 49 |
| 18128 Fleming St | 0.61mi | 2/1.0 (-1) | 950 (-12%) | 1mo | $21,500 | $23 | 46 |
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 · 6.72% rent growth · sell at horizon
- IRR
- 12.4%
- Equity multiple
- 1.52×
- Total profit
- $14,446
- Equity at exit
- $14,895
- IRR
- 24.0%
- Equity multiple
- 3.44×
- Total profit
- $68,227
- Equity at exit
- $8,638
Cash invested: $27,972 (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 48234
- Home prices YoY
- -11.9%
- Rents YoY
- 6.7%
- Active inventory
- 227
- Price-to-rent
- 6.3×
Monthly cashflow live
- Estimated rent
- $1,329 high interval (Pro) →
- Mortgage (P&I)
- −$524
- Tax from tax record
- −$84 /mo · $1,011/yr
- Insurance
- −$42
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$279
- Net cashflow
- $400
Break-even live
Sensitivity live
| Price | -10% $457 | -5% $428 | +0% $400 | +5% $372 | +10% $344 |
|---|---|---|---|---|---|
| Rent | -10% $295 | -5% $348 | +0% $400 | +5% $453 | +10% $505 |
| Rate | -1.0pp $450 | -0.5pp $425 | base $400 | +0.5pp $374 | +1.0pp $348 |
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
- $24,975
- Closing costs
- $2,997
- 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 33 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 19995 Goddard St Detroit, MI | 4.0 | 1.0 | 1292 | $1,400 | $1.08 | 23d | 1 | 0.40mi |
| 18629 Fleming St Detroit, MI | 3.0 | 1.5 | 900 | $1,150 | $1.28 | 25d | 1 | 0.41mi |
| 18882 Marx St Highland Park, MI | 2.0 | 1.0 | 1000 | $1,300 | $1.30 | 45d | 1 | 0.42mi |
| 19694 Gallagher St Detroit, MI | 3.0 | 1.0 | 1000 | $1,150 | $1.15 | 16d | 1 | 0.45mi |
| 18666 Joseph Campau St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 18d | 1 | 0.48mi |
| 19360 Revere St Detroit, MI | 3.0 | 1.0 | 1050 | $1,250 | $1.19 | 25d | 1 | 0.51mi |
| 18551 Saint Aubin St Detroit, MI | 3.0 | 1.0 | 962 | $1,200 | $1.25 | 18d | 1 | 0.52mi |
| 19450 Norwood St Detroit, MI | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 6d | 1 | 0.57mi |
| 18084 Goddard St Detroit, MI | 2.0 | 1.5 | 790 | $1,050 | $1.33 | 18d | 1 | 0.62mi |
| 20255 Harned St Detroit, MI | 3.0 | 1.0 | 1000 | $1,374 | $1.37 | 18d | 1 | 0.64mi |
| 20000 Norwood St Detroit, MI | 3.0 | 1.5 | 1150 | $1,200 | $1.04 | 25d | 1 | 0.67mi |
| 18503 Riopelle St Highland Park, MI | 3.0 | 1.0 | 1254 | $1,250 | $1.00 | 6d | 1 | 0.69mi |
| 19930 Binder St Detroit, MI | 3.0 | 1.0 | 1000 | $1,450 | $1.45 | 18d | 1 | 0.78mi |
| 18557 Wexford St Detroit, MI | 3.0 | 1.0 | 1216 | $1,250 | $1.03 | 25d | 1 | 0.78mi |
| 2034 John B Ave Warren, MI | 3.0 | 1.0 | 920 | $1,261 | $1.37 | 45d | 1 | 0.92mi |
| 18662 Sunset St Detroit, MI | 2.0 | 1.0 | 726 | $1,250 | $1.72 | 19d | 1 | 0.97mi |
| 21155 Warner Ave Warren, MI | 2.0 | 1.0 | 756 | $1,029 | $1.36 | 25d | 1 | 1.04mi |
| 1301 E Muir Ave Hazel Park, MI | 3.0 | 2.0 | 1236 | $1,600 | $1.29 | 23d | 1 | 1.08mi |
| 19703 Keating St Highland Park, MI | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 18d | 1 | 1.17mi |
| 21516 Dequindre Rd Warren, MI | 1.0–2.0 | 1.0 | 837 | $1,375 | $1.64 | 23d | 1 | 1.20mi |
| 19450 Fenelon St Detroit, MI | 3.0 | 1.0 | 1062 | $1,384 | $1.30 | 6d | 1 | 1.24mi |
| 1019 E Hayes Ave Unit 1032331P Hazel Park, MI | 3.0 | 1.0 | 1033 | $5,281 | $5.11 | 0d | 1 | 1.25mi |
| 1211 E Bernhard Ave Hazel Park, MI | 2.0 | 1.0 | 721 | $1,500 | $2.08 | 25d | 1 | 1.27mi |
| 1621 E Evelyn Ave Hazel Park, MI | 2.0 | 1.0 | 749 | $1,295 | $1.73 | 19d | 1 | 1.30mi |
| 19162 Conley St Detroit, MI | 2.0 | 1.0 | 1000 | $1,300 | $1.30 | 45d | 1 | 1.31mi |
| 1326 E Evelyn Ave Unit 1032332P Hazel Park, MI | 3.0 | 2.0 | 1097 | $6,448 | $5.88 | 0d | 1 | 1.35mi |
| 19361 Moenart St Unit 1 Detroit, MI | 2.0 | 1.0 | 1000 | $1,100 | $1.10 | 25d | 1 | 1.40mi |
| 18891 Moenart St Detroit, MI | 3.0 | 1.0 | 870 | $1,195 | $1.37 | 18d | 1 | 1.42mi |
| 18891 Moenart St Detroit, MI | 3.0 | 1.0 | 1150 | $1,250 | $1.09 | 0d | 1 | 1.42mi |
| 13929 Arlington St Unit 2 Hamtramck, MI | 2.0 | 1.0 | 700 | $950 | $1.36 | 45d | 1 | 1.43mi |
| 18677 Moenart St Detroit, MI | 2.0 | 1.0 | 1470 | $1,200 | $0.82 | 45d | 1 | 1.46mi |
| 19260 Bloom St Detroit, MI | 3.0 | 1.0 | 1100 | $1,350 | $1.23 | 6d | 1 | 1.48mi |
| 407 E Hayes Ave Hazel Park, MI | 3.0 | 1.0 | 1000 | $1,750 | $1.75 | 25d | 1 | 1.49mi |
Listing history 8 events
-
2026-04-14status Pending 1107-char remark
Show marketing remark (1107 chars)
Welcome home to this beautiful all brick 3-bedroom, 1-bathroom house that perfectly blends modern updates with classic charm. The kitchen is brand new with granite countertops, ceramic tile floors and backsplash, and a convenient pantry right by the side doors. The bathroom has been completely updated with ceramic tile floors and walls. The spacious living room features a natural fireplace, and hardwood floors flow throughout the home, adding warmth and character. The basement is clean, freshly painted, and ready for extra storage, a playroom, or a hangout space. All the big ticket updates are: new furnace(2025), water heater(2025), new plumbing, new electrical panel and updated electrical. Outside, new windows, doors, gutters, and security entry doors add both style and practicality. You'll love the large, fully fenced backyard; perfect for kids, pets, or outdoor fun. This home is truly move-in ready and is waiting for you! This home is being monitored by cameras. * * * Buyer to verify all measurements and square footage. All taxes must be verified by the buyer and agent. * * * BATVAI
-
2026-04-14status Pending
Show marketing remark (1107 chars)
Welcome home to this beautiful all brick 3-bedroom, 1-bathroom house that perfectly blends modern updates with classic charm. The kitchen is brand new with granite countertops, ceramic tile floors and backsplash, and a convenient pantry right by the side doors. The bathroom has been completely updated with ceramic tile floors and walls. The spacious living room features a natural fireplace, and hardwood floors flow throughout the home, adding warmth and character. The basement is clean, freshly painted, and ready for extra storage, a playroom, or a hangout space. All the big ticket updates are: new furnace(2025), water heater(2025), new plumbing, new electrical panel and updated electrical. Outside, new windows, doors, gutters, and security entry doors add both style and practicality. You'll love the large, fully fenced backyard; perfect for kids, pets, or outdoor fun. This home is truly move-in ready and is waiting for you! This home is being monitored by cameras. * * * Buyer to verify all measurements and square footage. All taxes must be verified by the buyer and agent. * * * BATVAI
-
2026-04-11price $99,900 1107-char remark
Show marketing remark (1107 chars)
Welcome home to this beautiful all brick 3-bedroom, 1-bathroom house that perfectly blends modern updates with classic charm. The kitchen is brand new with granite countertops, ceramic tile floors and backsplash, and a convenient pantry right by the side doors. The bathroom has been completely updated with ceramic tile floors and walls. The spacious living room features a natural fireplace, and hardwood floors flow throughout the home, adding warmth and character. The basement is clean, freshly painted, and ready for extra storage, a playroom, or a hangout space. All the big ticket updates are: new furnace(2025), water heater(2025), new plumbing, new electrical panel and updated electrical. Outside, new windows, doors, gutters, and security entry doors add both style and practicality. You'll love the large, fully fenced backyard; perfect for kids, pets, or outdoor fun. This home is truly move-in ready and is waiting for you! This home is being monitored by cameras. * * * Buyer to verify all measurements and square footage. All taxes must be verified by the buyer and agent. * * * BATVAI
-
2026-04-10price $99,900
-
2026-03-07price $114,900 1107-char remark
Show marketing remark (1107 chars)
Welcome home to this beautiful all brick 3-bedroom, 1-bathroom house that perfectly blends modern updates with classic charm. The kitchen is brand new with granite countertops, ceramic tile floors and backsplash, and a convenient pantry right by the side doors. The bathroom has been completely updated with ceramic tile floors and walls. The spacious living room features a natural fireplace, and hardwood floors flow throughout the home, adding warmth and character. The basement is clean, freshly painted, and ready for extra storage, a playroom, or a hangout space. All the big ticket updates are: new furnace(2025), water heater(2025), new plumbing, new electrical panel and updated electrical. Outside, new windows, doors, gutters, and security entry doors add both style and practicality. You'll love the large, fully fenced backyard; perfect for kids, pets, or outdoor fun. This home is truly move-in ready and is waiting for you! This home is being monitored by cameras. * * * Buyer to verify all measurements and square footage. All taxes must be verified by the buyer and agent. * * * BATVAI
-
2026-03-07price $114,900
Show marketing remark (1107 chars)
Welcome home to this beautiful all brick 3-bedroom, 1-bathroom house that perfectly blends modern updates with classic charm. The kitchen is brand new with granite countertops, ceramic tile floors and backsplash, and a convenient pantry right by the side doors. The bathroom has been completely updated with ceramic tile floors and walls. The spacious living room features a natural fireplace, and hardwood floors flow throughout the home, adding warmth and character. The basement is clean, freshly painted, and ready for extra storage, a playroom, or a hangout space. All the big ticket updates are: new furnace(2025), water heater(2025), new plumbing, new electrical panel and updated electrical. Outside, new windows, doors, gutters, and security entry doors add both style and practicality. You'll love the large, fully fenced backyard; perfect for kids, pets, or outdoor fun. This home is truly move-in ready and is waiting for you! This home is being monitored by cameras. * * * Buyer to verify all measurements and square footage. All taxes must be verified by the buyer and agent. * * * BATVAI
-
2026-02-20$124,900 Active
Show marketing remark (1107 chars)
Welcome home to this beautiful all brick 3-bedroom, 1-bathroom house that perfectly blends modern updates with classic charm. The kitchen is brand new with granite countertops, ceramic tile floors and backsplash, and a convenient pantry right by the side doors. The bathroom has been completely updated with ceramic tile floors and walls. The spacious living room features a natural fireplace, and hardwood floors flow throughout the home, adding warmth and character. The basement is clean, freshly painted, and ready for extra storage, a playroom, or a hangout space. All the big ticket updates are: new furnace(2025), water heater(2025), new plumbing, new electrical panel and updated electrical. Outside, new windows, doors, gutters, and security entry doors add both style and practicality. You'll love the large, fully fenced backyard; perfect for kids, pets, or outdoor fun. This home is truly move-in ready and is waiting for you! This home is being monitored by cameras. * * * Buyer to verify all measurements and square footage. All taxes must be verified by the buyer and agent. * * * BATVAI
-
2026-02-20$124,900 Active 1107-char remark
Show marketing remark (1107 chars)
Welcome home to this beautiful all brick 3-bedroom, 1-bathroom house that perfectly blends modern updates with classic charm. The kitchen is brand new with granite countertops, ceramic tile floors and backsplash, and a convenient pantry right by the side doors. The bathroom has been completely updated with ceramic tile floors and walls. The spacious living room features a natural fireplace, and hardwood floors flow throughout the home, adding warmth and character. The basement is clean, freshly painted, and ready for extra storage, a playroom, or a hangout space. All the big ticket updates are: new furnace(2025), water heater(2025), new plumbing, new electrical panel and updated electrical. Outside, new windows, doors, gutters, and security entry doors add both style and practicality. You'll love the large, fully fenced backyard; perfect for kids, pets, or outdoor fun. This home is truly move-in ready and is waiting for you! This home is being monitored by cameras. * * * Buyer to verify all measurements and square footage. All taxes must be verified by the buyer and agent. * * * BATVAI
ⓘ 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
- $1,011 · $84/mo
- Projected year-2 tax
- $1,274 · $106/mo
- Expected delta
- +$264/yr (+$22/mo · 26.1%)
ⓘ 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 ≥97°F today · 14 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 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
- $15,946
- − Mortgage interest
- −$5,596
- − Property taxes
- −$1,011
- − Insurance
- −$500
- − Repairs & maintenance
- −$1,276
- − Management
- −$1,276
- − Depreciation
- −$2,906
- Taxable income
- $3,382
- Est. tax owed @ 24.0%
- −$812
- After-tax cash flow
- $3,989/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)
- 32,760
- Household income
- $35,322
- Rent vs Own
- Severe rent burden
- 2372.0
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 (94%)
- Race & ethnicity
- Black 94% White 3% Two or more races 1%
- Common ancestry
- Romanian 1%
- Foreign-born
- 2% · Canada, Vietnam, Philippines
- Languages at home
- 97% English-only · French/Haitian/Cajun 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
- ▼ -44.65%
- Current HPI
- 328.8978
- Rent YoY
- ▲ 6.72%
- 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 |
|
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
-20.0% since first listed8 events — show timeline
- 2026-04-14 Pending — MiRealSource-MiMLS
- 2026-04-14 Pending — REALCOMP
- 2026-04-11 Price Changed $99,900 MiRealSource-MiMLS
- 2026-04-10 Price Changed $99,900 REALCOMP
- 2026-03-07 Price Changed $114,900 MiRealSource-MiMLS
- 2026-03-07 Price Changed $114,900 REALCOMP
- 2026-02-20 Listed $124,900 REALCOMP
- 2026-02-20 Listed $124,900 MiRealSource-MiMLS
Property tax history
-4.3%/yrLatest (2025): $1,011 · -53.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…