18217 Archdale St · Detroit, MI 48235

$77,000

3 bd · 1.0 ba · 1,085 sqft · SingleFamily public records · 8 Days on market

Built 1946 6,534 sqft lot Est $110k · 30% under ↓ 36% since listing

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.7/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home! This solid brick bungalow in College Park is perfect for first-time homebuyers or investors looking to expand their portfolio. Conveniently located with easy access from Southfield Rd, making commuting a breeze. The entire house has been freshly painted and offers hardwood flooring throughout. The kitchen features beautiful kitchen cabinets. The basement includes a separate laundry, providing a versatile space for storage or additional living use. Enjoy the outdoors with a spacious backyard fenced for added privacy. Schedule your showing today! All measurements are estimated. The property is under a surveillance system. BATVAI No seller financing or land contract.

Key facts

• Hardwood flooring
• Solid brick bungalow
• Separate laundry

Tags

• SOLID BRICK BUNGALOW
• HARDWOOD FLOORING
• BEAUTIFUL KITCHEN CABINETS
• SEPARATE LAUNDRY
• SPACIOUS BACKYARD FENCED

Property features AI

Finance

• Other: Located in REDFORD SOUTHFIELD COURT subdivision; Directions: From the Southfield Freeway Service Drive, head east on Curtis, then turn north on Archdale; property is on the west side of the street
• Financial info: Annual tax noted

Exterior

• Parking: No garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Two levels; Ground-level entry with steps; Brick exterior
• Construction: Brick construction
• Exterior features: Paved road access; Lot approximately 0.15 acres (60 x 105.2)

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); No central cooling
• Interior features: Unfinished basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $77k.

Deal economics

• At list price, monthly cash flow is $483 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $77k).
• Cap rate 13.8% 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 rising (+3.2%/yr); 283 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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 44% 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 $532 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 + 3.2% rent growth), your $22k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 13 sale attempts since 23y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $65k; 18% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 3.2% of price; built in 1946 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $77,000

Questions for the listing agent

1. Built in 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 1.85% ✓
• Cap rate: 13.81%
• Cash-on-cash: 26.86%
• DSCR: 2.19
• GRM: 4.5

CMA / ARV

• ARV (on-the-fly): $109,585
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18217 Archdale St	0.00mi	3/1.0	1,085 (0%)	0mo	$82,000	$76	100
18926 Ashton Ave	0.38mi	3/1.0	1,095 (+1%)	3mo	$125,000	$114	78
18239 Saint Marys St	0.50mi	3/1.0	1,136 (+5%)	1mo	$124,900	$110	68
18494 Ashton Ave	0.26mi	3/1.0	943 (-13%)	2mo	$95,000	$101	64
19003 Curtis St	0.58mi	3/1.0	1,138 (+5%)	1mo	$95,000	$83	64
19338 Fenmore St	0.66mi	3/1.0	1,120 (+3%)	1mo	$116,000	$104	63
18505 Ashton Ave	0.29mi	4/1.5 (+1)	1,200 (+11%)	0mo	$75,000	$63	62
18937 Lindsay St	0.43mi	3/1.0	951 (-12%)	2mo	$59,000	$62	58
18631 Margareta St	0.51mi	3/1.0	950 (-12%)	0mo	$62,000	$65	55
19105 Curtis St	0.64mi	3/1.5	1,156 (+6%)	3mo	$97,422	$84	55
19009 Ashton Ave	0.46mi	3/3.0	1,225 (+13%)	2mo	$170,000	$139	47
18477 Prevost St	0.69mi	3/2.0	1,234 (+14%)	2mo	$163,695	$133	39

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 · 3.25% rent growth · sell at horizon

5-year hold

• IRR: 21.1%
• Equity multiple: 1.87×
• Total profit: $18,705
• Equity at exit: $11,481

10-year hold

• IRR: 29.5%
• Equity multiple: 3.68×
• Total profit: $57,708
• Equity at exit: $6,658

Cash invested: $21,560 (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 48235

• Rents YoY: 3.2%
• Active inventory: 283
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $1,425 high
• Mortgage (P&I): −$404
• Tax from tax record: −$207 /mo · $2,487/yr
• Insurance: −$32
• HOA: −$0
• Vacancy / Maint / Mgmt: −$299
• Net cashflow: $483

Break-even live

Break-even rent $814

Max offer price $77,000

Occupancy floor 61%

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: $19,250
• Closing costs: $2,310
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
18276 Oakfield St Detroit, MI	2.0	1.0	726	$1,175	$1.62	43d	1	0.15mi
18494 Ashton Ave Detroit, MI	3.0	1.0	1000	$1,600	$1.60	16d	1	0.27mi
17654 Greenview Ave Detroit, MI	4.0	1.0	1377	$1,350	$0.98	16d	1	0.41mi
16876 Harlow Ave Unit (NO) Detroit, MI	3.0	1.0	1250	$1,350	$1.08	43d	1	0.56mi
17654 Sunderland Rd Detroit, MI	3.0	1.0	1100	$1,500	$1.36	43d	1	0.57mi
18268 Mansfield St Detroit, MI	2.0	1.0	800	$1,200	$1.50	16d	1	0.58mi
17201 Saint Marys St Detroit, MI	2.0	1.0	1200	$1,200	$1.00	2d	1	0.63mi
18400 Rutherford St Detroit, MI	3.0	1.0	1050	$1,400	$1.33	3d	1	0.64mi
18452 Shaftsbury Ave Detroit, MI	3.0	1.0	927	$1,500	$1.62	16d	1	0.71mi
19400 Harlow St Detroit, MI	4.0	1.0	1298	$1,275	$0.98	16d	1	0.75mi
17238 Shaftsbury Ave Detroit, MI	3.0	1.0	1200	$1,550	$1.29	43d	1	0.78mi
18659 Shaftsbury Ave Detroit, MI	3.0	1.0	763	$1,373	$1.80	12d	1	0.79mi
18675 Forrer St Detroit, MI	3.0	1.0	1200	$1,225	$1.02	5d	1	0.79mi
17165 Prevost St Detroit, MI	3.0	1.0	1060	$2,400	$2.26	2d	1	0.79mi
16823 Stahelin Ave Detroit, MI	3.0	2.5	1500	$1,600	$1.07	17d	1	0.80mi
18699 Shaftsbury Ave Detroit, MI	2.0	1.0	800	$1,000	$1.25	43d	1	0.81mi
19329 Stahelin Ave Unit 1 Detroit, MI	3.0	1.5	833	$1,250	$1.50	43d	1	0.86mi
18427 Greenfield Rd Detroit, MI	2.0	1.0	952	$980	$1.03	5d	1	0.88mi
18450 Edinborough Rd Detroit, MI	3.0	1.0	1000	$1,500	$1.50	43d	1	0.89mi
16535 Asbury Park Detroit, MI	3.0	1.5	1152	$1,450	$1.26	24d	1	0.93mi
19445 Avon Ave Detroit, MI	3.0	1.0	1023	$1,550	$1.52	43d	1	0.93mi
19176 Grandville Ave Detroit, MI	3.0	1.0	941	$1,300	$1.38	5d	1	0.94mi
18481 Prest St Detroit, MI	3.0	1.5	1100	$1,300	$1.18	19d	1	0.96mi
16210 Ferguson St Detroit, MI	4.0	2.0	1493	$1,750	$1.17	3d	1	0.97mi
19818 Fenmore St Detroit, MI	3.0	1.0	902	$1,275	$1.41	43d	1	0.98mi
19440 Rutherford St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	24d	1	1.00mi
19503 Mansfield St Detroit, MI	3.0	1.0	1200	$1,350	$1.12	16d	1	1.01mi
19467 Rutherford St Detroit, MI	3.0	1.0	1002	$1,200	$1.20	16d	1	1.01mi
19918 Southfield Fwy Detroit, MI	3.0	1.0	915	$1,375	$1.50	15d	1	1.02mi
19372 Grandville Ave Detroit, MI	2.0	1.5	733	$1,050	$1.43	15d	1	1.04mi
19970 Ashton Ave Detroit, MI	3.0	1.0	1000	$1,000	$1.00	43d	1	1.11mi
18134 Vaughan St Detroit, MI	3.0	1.0	1060	$1,150	$1.08	16d	1	1.14mi
20043 Fenmore St Detroit, MI	3.0	1.0	1030	$1,453	$1.41	43d	1	1.16mi
15866 Mansfield St Detroit, MI	3.0	1.0	1324	$1,425	$1.08	24d	1	1.21mi
18191 Heyden St Detroit, MI	2.0	1.0	917	$1,100	$1.20	24d	1	1.21mi
20068 Faust Ave Detroit, MI	2.0	1.0	750	$1,100	$1.47	24d	1	1.23mi
20011 Avon Ave Detroit, MI	3.0	1.0	1000	$1,200	$1.20	5d	1	1.23mi
18461 Heyden St Detroit, MI	2.0	1.0	1000	$1,050	$1.05	5d	1	1.23mi
18964 Coyle St Detroit, MI	3.0	1.0	1300	$1,350	$1.04	2d	1	1.23mi
20200 Ashton Ave Detroit, MI	3.0	1.0	1200	$1,200	$1.00	16d	1	1.25mi

Listing history 38 events

1. 2026-06-07
   status $77,000 Pending 8 DOM
2. 2026-06-04
   days on market $77,000 Active Under Contract 8 DOM
3. 2026-06-03
   days on market $77,000 Active Under Contract 7 DOM
4. 2026-06-02
   days on market $77,000 Active Under Contract 6 DOM
5. 2026-06-01
   days on market $77,000 Active Under Contract 5 DOM
6. 2026-05-31
   days on market $77,000 Active Under Contract 4 DOM
7. 2026-05-27
   listed $77,000 Active

   Show marketing remark (686 chars)

   Welcome home! This solid brick bungalow in College Park is perfect for first-time homebuyers or investors looking to expand their portfolio. Conveniently located with easy access from Southfield Rd, making commuting a breeze. The entire house has been freshly painted and offers hardwood flooring throughout. The kitchen features beautiful kitchen cabinets. The basement includes a separate laundry, providing a versatile space for storage or additional living use. Enjoy the outdoors with a spacious backyard fenced for added privacy. Schedule your showing today! All measurements are estimated. The property is under a surveillance system. BATVAI No seller financing or land contract.

8. 2026-05-27
   listed $77,000 Active 686-char remark

   Show marketing remark (686 chars)

   Welcome home! This solid brick bungalow in College Park is perfect for first-time homebuyers or investors looking to expand their portfolio. Conveniently located with easy access from Southfield Rd, making commuting a breeze. The entire house has been freshly painted and offers hardwood flooring throughout. The kitchen features beautiful kitchen cabinets. The basement includes a separate laundry, providing a versatile space for storage or additional living use. Enjoy the outdoors with a spacious backyard fenced for added privacy. Schedule your showing today! All measurements are estimated. The property is under a surveillance system. BATVAI No seller financing or land contract.

9. 2021-06-07
   soldstatus $65,000
10. 2021-05-26
    soldstatus $65,000 Sold 934-char remark

    Show marketing remark (934 chars)

    * * * INSTANT CASH-FLOW * * * Investors, you have found your next addition to your rental portfolio! This 3 bedroom, 1 bathroom brick bungalow has a long term tenant who has occupied the property for 4 years with excellent payment history and just signed a 2-year lease extension through April 2023 @ $850/month! The property has numerous desirable features, including a 3D shingle roof that is ~3 years old, vinyl windows, PEX plumbing, an updated circuit breaker panel, a furnace that is ~5 years old, an updated kitchen with quality linoleum flooring, and hardwood floors throughout the rest of the property! Additionally, the sewer line was just repaired and partially replaced in April 2021! The house also features an extra-wide 60' lot and a 2-CAR garage! The home is also located just outside of the Grand River/Northwest Strategic Neighborhood, designated to receive millions of dollars in public and private investment!

11. 2021-05-26
    soldstatus $65,000 Closed

    Show marketing remark (934 chars)

    * * * INSTANT CASH-FLOW * * * Investors, you have found your next addition to your rental portfolio! This 3 bedroom, 1 bathroom brick bungalow has a long term tenant who has occupied the property for 4 years with excellent payment history and just signed a 2-year lease extension through April 2023 @ $850/month! The property has numerous desirable features, including a 3D shingle roof that is ~3 years old, vinyl windows, PEX plumbing, an updated circuit breaker panel, a furnace that is ~5 years old, an updated kitchen with quality linoleum flooring, and hardwood floors throughout the rest of the property! Additionally, the sewer line was just repaired and partially replaced in April 2021! The house also features an extra-wide 60' lot and a 2-CAR garage! The home is also located just outside of the Grand River/Northwest Strategic Neighborhood, designated to receive millions of dollars in public and private investment!

12. 2021-05-17
    status Pending

    Show marketing remark (934 chars)

    * * * INSTANT CASH-FLOW * * * Investors, you have found your next addition to your rental portfolio! This 3 bedroom, 1 bathroom brick bungalow has a long term tenant who has occupied the property for 4 years with excellent payment history and just signed a 2-year lease extension through April 2023 @ $850/month! The property has numerous desirable features, including a 3D shingle roof that is ~3 years old, vinyl windows, PEX plumbing, an updated circuit breaker panel, a furnace that is ~5 years old, an updated kitchen with quality linoleum flooring, and hardwood floors throughout the rest of the property! Additionally, the sewer line was just repaired and partially replaced in April 2021! The house also features an extra-wide 60' lot and a 2-CAR garage! The home is also located just outside of the Grand River/Northwest Strategic Neighborhood, designated to receive millions of dollars in public and private investment!

13. 2021-05-17
    status Pending 934-char remark

    Show marketing remark (934 chars)

    * * * INSTANT CASH-FLOW * * * Investors, you have found your next addition to your rental portfolio! This 3 bedroom, 1 bathroom brick bungalow has a long term tenant who has occupied the property for 4 years with excellent payment history and just signed a 2-year lease extension through April 2023 @ $850/month! The property has numerous desirable features, including a 3D shingle roof that is ~3 years old, vinyl windows, PEX plumbing, an updated circuit breaker panel, a furnace that is ~5 years old, an updated kitchen with quality linoleum flooring, and hardwood floors throughout the rest of the property! Additionally, the sewer line was just repaired and partially replaced in April 2021! The house also features an extra-wide 60' lot and a 2-CAR garage! The home is also located just outside of the Grand River/Northwest Strategic Neighborhood, designated to receive millions of dollars in public and private investment!

14. 2021-05-05
    historical Accepting Backup Offers

    Show marketing remark (934 chars)

    * * * INSTANT CASH-FLOW * * * Investors, you have found your next addition to your rental portfolio! This 3 bedroom, 1 bathroom brick bungalow has a long term tenant who has occupied the property for 4 years with excellent payment history and just signed a 2-year lease extension through April 2023 @ $850/month! The property has numerous desirable features, including a 3D shingle roof that is ~3 years old, vinyl windows, PEX plumbing, an updated circuit breaker panel, a furnace that is ~5 years old, an updated kitchen with quality linoleum flooring, and hardwood floors throughout the rest of the property! Additionally, the sewer line was just repaired and partially replaced in April 2021! The house also features an extra-wide 60' lot and a 2-CAR garage! The home is also located just outside of the Grand River/Northwest Strategic Neighborhood, designated to receive millions of dollars in public and private investment!

15. 2021-05-05
    historical Accepting Backup Offers 934-char remark

    Show marketing remark (934 chars)

    * * * INSTANT CASH-FLOW * * * Investors, you have found your next addition to your rental portfolio! This 3 bedroom, 1 bathroom brick bungalow has a long term tenant who has occupied the property for 4 years with excellent payment history and just signed a 2-year lease extension through April 2023 @ $850/month! The property has numerous desirable features, including a 3D shingle roof that is ~3 years old, vinyl windows, PEX plumbing, an updated circuit breaker panel, a furnace that is ~5 years old, an updated kitchen with quality linoleum flooring, and hardwood floors throughout the rest of the property! Additionally, the sewer line was just repaired and partially replaced in April 2021! The house also features an extra-wide 60' lot and a 2-CAR garage! The home is also located just outside of the Grand River/Northwest Strategic Neighborhood, designated to receive millions of dollars in public and private investment!

16. 2021-04-16
    status Active

    Show marketing remark (934 chars)

    * * * INSTANT CASH-FLOW * * * Investors, you have found your next addition to your rental portfolio! This 3 bedroom, 1 bathroom brick bungalow has a long term tenant who has occupied the property for 4 years with excellent payment history and just signed a 2-year lease extension through April 2023 @ $850/month! The property has numerous desirable features, including a 3D shingle roof that is ~3 years old, vinyl windows, PEX plumbing, an updated circuit breaker panel, a furnace that is ~5 years old, an updated kitchen with quality linoleum flooring, and hardwood floors throughout the rest of the property! Additionally, the sewer line was just repaired and partially replaced in April 2021! The house also features an extra-wide 60' lot and a 2-CAR garage! The home is also located just outside of the Grand River/Northwest Strategic Neighborhood, designated to receive millions of dollars in public and private investment!

17. 2021-04-16
    status Active 934-char remark

    Show marketing remark (934 chars)

    * * * INSTANT CASH-FLOW * * * Investors, you have found your next addition to your rental portfolio! This 3 bedroom, 1 bathroom brick bungalow has a long term tenant who has occupied the property for 4 years with excellent payment history and just signed a 2-year lease extension through April 2023 @ $850/month! The property has numerous desirable features, including a 3D shingle roof that is ~3 years old, vinyl windows, PEX plumbing, an updated circuit breaker panel, a furnace that is ~5 years old, an updated kitchen with quality linoleum flooring, and hardwood floors throughout the rest of the property! Additionally, the sewer line was just repaired and partially replaced in April 2021! The house also features an extra-wide 60' lot and a 2-CAR garage! The home is also located just outside of the Grand River/Northwest Strategic Neighborhood, designated to receive millions of dollars in public and private investment!

18. 2021-03-29
    historical Accepting Backup Offers

    Show marketing remark (934 chars)

    * * * INSTANT CASH-FLOW * * * Investors, you have found your next addition to your rental portfolio! This 3 bedroom, 1 bathroom brick bungalow has a long term tenant who has occupied the property for 4 years with excellent payment history and just signed a 2-year lease extension through April 2023 @ $850/month! The property has numerous desirable features, including a 3D shingle roof that is ~3 years old, vinyl windows, PEX plumbing, an updated circuit breaker panel, a furnace that is ~5 years old, an updated kitchen with quality linoleum flooring, and hardwood floors throughout the rest of the property! Additionally, the sewer line was just repaired and partially replaced in April 2021! The house also features an extra-wide 60' lot and a 2-CAR garage! The home is also located just outside of the Grand River/Northwest Strategic Neighborhood, designated to receive millions of dollars in public and private investment!

19. 2021-03-29
    historical Accepting Backup Offers 934-char remark

    Show marketing remark (934 chars)

    * * * INSTANT CASH-FLOW * * * Investors, you have found your next addition to your rental portfolio! This 3 bedroom, 1 bathroom brick bungalow has a long term tenant who has occupied the property for 4 years with excellent payment history and just signed a 2-year lease extension through April 2023 @ $850/month! The property has numerous desirable features, including a 3D shingle roof that is ~3 years old, vinyl windows, PEX plumbing, an updated circuit breaker panel, a furnace that is ~5 years old, an updated kitchen with quality linoleum flooring, and hardwood floors throughout the rest of the property! Additionally, the sewer line was just repaired and partially replaced in April 2021! The house also features an extra-wide 60' lot and a 2-CAR garage! The home is also located just outside of the Grand River/Northwest Strategic Neighborhood, designated to receive millions of dollars in public and private investment!

20. 2021-03-20
    listed $69,900 Active 934-char remark

    Show marketing remark (934 chars)

    * * * INSTANT CASH-FLOW * * * Investors, you have found your next addition to your rental portfolio! This 3 bedroom, 1 bathroom brick bungalow has a long term tenant who has occupied the property for 4 years with excellent payment history and just signed a 2-year lease extension through April 2023 @ $850/month! The property has numerous desirable features, including a 3D shingle roof that is ~3 years old, vinyl windows, PEX plumbing, an updated circuit breaker panel, a furnace that is ~5 years old, an updated kitchen with quality linoleum flooring, and hardwood floors throughout the rest of the property! Additionally, the sewer line was just repaired and partially replaced in April 2021! The house also features an extra-wide 60' lot and a 2-CAR garage! The home is also located just outside of the Grand River/Northwest Strategic Neighborhood, designated to receive millions of dollars in public and private investment!

21. 2021-03-20
    listed $69,900 Active

    Show marketing remark (934 chars)

    * * * INSTANT CASH-FLOW * * * Investors, you have found your next addition to your rental portfolio! This 3 bedroom, 1 bathroom brick bungalow has a long term tenant who has occupied the property for 4 years with excellent payment history and just signed a 2-year lease extension through April 2023 @ $850/month! The property has numerous desirable features, including a 3D shingle roof that is ~3 years old, vinyl windows, PEX plumbing, an updated circuit breaker panel, a furnace that is ~5 years old, an updated kitchen with quality linoleum flooring, and hardwood floors throughout the rest of the property! Additionally, the sewer line was just repaired and partially replaced in April 2021! The house also features an extra-wide 60' lot and a 2-CAR garage! The home is also located just outside of the Grand River/Northwest Strategic Neighborhood, designated to receive millions of dollars in public and private investment!

22. 2008-09-09
    soldstatus $23,500
23. 2008-09-09
    soldstatus $23,500
24. 2008-06-26
    historical
25. 2008-05-16
    listed $25,450
26. 2008-05-16
    listed $25,450
27. 2008-05-15
    historical
28. 2007-08-14
    listed $129,500
29. 2004-07-21
    soldstatus $113,000
30. 2004-01-08
    soldstatus $113,000
31. 2004-01-08
    soldstatus $113,000
32. 2004-01-08
    soldstatus $113,000
33. 2003-12-13
    historical
34. 2003-10-23
    listed $112,000
35. 2003-10-23
    listed $112,000
36. 2003-09-24
    listed $112,000
37. 2003-09-24
    historical
38. 2003-08-13
    listed $119,900

ⓘ 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: $2,487 · $207/mo
• Projected year-2 tax: $2,487 · $207/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 · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,099
• − Mortgage interest: −$4,313
• − Property taxes: −$2,487
• − Insurance: −$385
• − Repairs & maintenance: −$1,368
• − Management: −$1,368
• − Depreciation: −$2,240
• Taxable income: $4,938
• Est. tax owed @ 24.0%: −$1,185
• After-tax cash flow: $4,605/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): 45,600
• Household income: $39,265
• Rent vs Own: 46.5% rent · 53.5% own
• Severe rent burden: 3064.0

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 2% Hispanic / Latino 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · 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: ▼ -153.02%
• Current HPI: 263.6326
• Rent YoY: ▲ 3.25%
• 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

-35.8% since first listed

32 events — show timeline

• 2026-05-27 Listed $77,000 REALCOMP
• 2026-05-27 Listed $77,000 MiRealSource-MiMLS
• 2021-06-07 Sold (Public Records) $65,000 Public Records
• 2021-05-26 Sold (MLS) $65,000 MiRealSource-MiMLS
• 2021-05-26 Sold (MLS) $65,000 REALCOMP
• 2021-05-17 Pending — MiRealSource-MiMLS
• 2021-05-17 Pending — REALCOMP
• 2021-05-05 Contingent — MiRealSource-MiMLS
• 2021-05-05 Contingent — REALCOMP
• 2021-04-16 Relisted — MiRealSource-MiMLS
• 2021-04-16 Relisted — REALCOMP
• 2021-03-29 Contingent — MiRealSource-MiMLS
• 2021-03-29 Contingent — REALCOMP
• 2021-03-20 Listed $69,900 MiRealSource-MiMLS
• 2021-03-20 Listed $69,900 REALCOMP
• 2008-09-09 Sold (MLS) $23,500 MiRealSource-MiMLS
• 2008-09-09 Sold (MLS) $23,500 REALCOMP
• 2008-06-26 Listing Removed — MiRealSource-MiMLS
• 2008-05-16 Listed $25,450 MiRealSource-MiMLS
• 2008-05-16 Listed $25,450 REALCOMP
• 2008-05-15 Listing Removed — REALCOMP
• 2007-08-14 Listed $129,500 REALCOMP
• 2004-07-21 Sold (Public Records) $113,000 Public Records
• 2004-01-08 Sold (MLS) $113,000 REALCOMP
• 2004-01-08 Sold (MLS) $113,000 MiRealSource-MiMLS
• 2004-01-08 Sold (MLS) $113,000 REALCOMP
• 2003-12-13 Listing Removed — MiRealSource-MiMLS
• 2003-10-23 Listed $112,000 MiRealSource-MiMLS
• 2003-10-23 Listed $112,000 REALCOMP
• 2003-09-24 Listing Removed — REALCOMP
• 2003-09-24 Listed $112,000 REALCOMP
• 2003-08-13 Listed $119,900 REALCOMP

Property tax history

+1.5%/yr

Latest (2025): $2,487 · -54.4% YoY. Source: county tax records.