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20021 Mackay St
B+ Composite 76.64
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
  • Rent growth +4.2/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$39,990

20021 Mackay St · Detroit, MI 48234
3 bd · 1.0 ba · 979 sqft · SingleFamily public records · 119 Days on market
Built 1951 5,227 sqft lot Est $66k · 39% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This fully renovated 2024 brick bungalow offers a luxurious and cozy living experience. The living room and kitchen feature elegant chestnut-colored luxury vinyl flooring that adds a touch of warmth. The kitchen boasts white cabinets with stainless steel pulls and handles, along with stainless steel appliances, including a gas range, refrigerator, and dishwasher. A stunning stone backsplash and granite countertops provide a sophisticated look, and there's ample space for a dining table. The living room is perfect for relaxing on chilly nights, featuring a natural fireplace, large picture window, and recessed lighting. The updated bathroom features ceramic flooring and tile walls, along with modern lighting. The finished basement, complete with a blacked-out ceiling, recessed lighting, and a full bathroom, offers additional living space.

Key facts

  • 5,227 sq ft lot
  • Built 1951
  • Listed 119 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $40k.

Deal economics

  • At list price, monthly cash flow is $687 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $40k).
  • Recommended offer: $36k (9.0% below list) — sets the bar for market timing.
  • Cap rate 26.9% 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 fast (+6.7%/yr); 226 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 $1,341/mo this rent would consume 46% 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 $276 of loan paydown is wiped out by about $1k 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 $11k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 119 days — a 9% lower offer ($36k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 3y ago; this cycle's ask has dropped $77k (66%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: property tax is 4.4% of price; built in 1951 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $36,390 (9.0% below list)

Questions for the listing agent

  1. It's been on market 119 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
3.35%
Cap rate
26.91%
Cash-on-cash
73.64%
DSCR
4.28
GRM
2.5

CMA / ARV

ARV (on-the-fly)
$65,593
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
19662 Charest St 0.35mi 3/1.0 1,041 (+6%) 2mo $69,000 $66 71
19619 Norwood St 0.52mi 3/1.0 941 (-4%) 2mo $30,500 $32 68
1737 E Outer Dr 0.11mi 3/1.5 1,124 (+15%) 4mo $96,000 $85 64
20426 Wexford St 0.61mi 3/1.5 1,009 (+3%) 0mo $117,000 $116 64
20409 Yonka St 0.53mi 3/1.0 1,050 (+7%) 1mo $93,000 $89 62
20401 Greeley St 0.64mi 3/1.0 928 (-5%) 1mo $55,000 $59 61
19365 Goddard St 0.40mi 3/1.0 1,100 (+12%) 0mo $97,500 $89 60
19360 Revere St 0.57mi 3/1.0 1,050 (+7%) 2mo $78,000 $74 60
20012 Binder St 0.62mi 3/1.0 871 (-11%) 3mo $50,500 $58 50
19711 Greeley St 0.63mi 3/1.0 1,125 (+15%) 4mo $75,000 $67 43
19163 Orleans St 0.74mi 2/1.0 (-1) 1,080 (+10%) 2mo $32,500 $30 42
18877 Fleming St 0.74mi 2/1.0 (-1) 870 (-11%) 3mo $9,900 $11 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 · 6.72% rent growth · sell at horizon

5-year hold
IRR
78.1%
Equity multiple
4.80×
Total profit
$42,570
Equity at exit
$5,963
10-year hold
IRR
82.7%
Equity multiple
11.43×
Total profit
$116,808
Equity at exit
$3,458

Cash invested: $11,197 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
62 Landlord-Friendly
State Michigan
62 Landlord-Friendly · EVEN
County
— inherits STATE
City
— inherits STATE
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

ZIP-level market 48234

Home prices YoY
-11.9%
Rents YoY
6.7%
Active inventory
226
Price-to-rent
2.5×

Monthly cashflow live

Estimated rent
$1,341 high interval (Pro) →
Mortgage (P&I)
$210
Tax from tax record
$146 /mo · $1,747/yr
Insurance
$17
HOA
$0
Vacancy / Maint / Mgmt
$282
Net cashflow
$687

Break-even live

Break-even rent $471
Max offer price $39,990
Occupancy floor 44%

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
$9,998
Closing costs
$1,200
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 27 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
20255 Harned St Detroit, MI 3.0 1.0 1000 $1,374 $1.37 16d 1 0.24mi
19694 Gallagher St Detroit, MI 3.0 1.0 1000 $1,150 $1.15 15d 1 0.39mi
2034 John B Ave Warren, MI 3.0 1.0 920 $1,261 $1.37 43d 1 0.54mi
19450 Norwood St Detroit, MI 3.0 1.0 1000 $1,200 $1.20 5d 1 0.58mi
19360 Revere St Detroit, MI 3.0 1.0 1050 $1,250 $1.19 24d 1 0.59mi
21155 Warner Ave Warren, MI 2.0 1.0 756 $1,029 $1.36 24d 1 0.63mi
19930 Binder St Detroit, MI 3.0 1.0 1000 $1,450 $1.45 16d 1 0.65mi
18882 Marx St Highland Park, MI 2.0 1.0 1000 $1,300 $1.30 43d 1 0.79mi
21516 Dequindre Rd Warren, MI 1.0–2.0 1.0 837 $1,375 $1.64 22d 1 0.82mi
18629 Fleming St Detroit, MI 3.0 1.5 900 $1,150 $1.28 24d 1 0.83mi
18666 Joseph Campau St Detroit, MI 3.0 1.0 1000 $1,400 $1.40 16d 1 0.83mi
18551 Saint Aubin St Detroit, MI 3.0 1.0 962 $1,200 $1.25 16d 1 0.93mi
1621 E Evelyn Ave Hazel Park, MI 2.0 1.0 749 $1,295 $1.73 18d 1 0.95mi
1211 E Bernhard Ave Hazel Park, MI 2.0 1.0 721 $1,500 $2.08 24d 1 1.00mi
1019 E Hayes Ave Unit 1032331P Hazel Park, MI 3.0 1.0 1033 $5,301 $5.13 1d 1 1.01mi
18084 Goddard St Detroit, MI 2.0 1.5 790 $1,050 $1.33 16d 1 1.03mi
1326 E Evelyn Ave Unit 1032332P Hazel Park, MI 3.0 2.0 1097 $6,448 $5.88 1d 1 1.05mi
18662 Sunset St Detroit, MI 2.0 1.0 726 $1,250 $1.72 18d 1 1.15mi
1731 E Pearl Ave Hazel Park, MI 3.0 1.0 844 $1,500 $1.78 20d 1 1.21mi
19450 Fenelon St Detroit, MI 3.0 1.0 1062 $1,384 $1.30 5d 1 1.22mi
19703 Keating St Highland Park, MI 3.0 1.0 1000 $1,200 $1.20 16d 1 1.23mi
20794 Audrey Ave Warren, MI 3.0 1.0 954 $1,350 $1.42 43d 1 1.31mi
407 E Hayes Ave Hazel Park, MI 3.0 1.0 1000 $1,750 $1.75 24d 1 1.32mi
19162 Conley St Detroit, MI 2.0 1.0 1000 $1,300 $1.30 43d 1 1.36mi
19361 Moenart St Unit 1 Detroit, MI 2.0 1.0 1000 $1,100 $1.10 24d 1 1.40mi
19260 Bloom St Detroit, MI 3.0 1.0 1100 $1,350 $1.23 4d 1 1.50mi
18891 Moenart St Detroit, MI 3.0 1.0 870 $1,195 $1.37 16d 1 1.50mi

Listing history 23 events

  1. 2025-01-08
    soldstatus $115,000
  2. 2024-12-17
    status Pending
  3. 2024-10-24
    soldstatus $115,000 Sold 848-char remark
    Show marketing remark (848 chars)

    This fully renovated 2024 brick bungalow offers a luxurious and cozy living experience. The living room and kitchen feature elegant chestnut-colored luxury vinyl flooring that adds a touch of warmth. The kitchen boasts white cabinets with stainless steel pulls and handles, along with stainless steel appliances, including a gas range, refrigerator, and dishwasher. A stunning stone backsplash and granite countertops provide a sophisticated look, and there's ample space for a dining table. The living room is perfect for relaxing on chilly nights, featuring a natural fireplace, large picture window, and recessed lighting. The updated bathroom features ceramic flooring and tile walls, along with modern lighting. The finished basement, complete with a blacked-out ceiling, recessed lighting, and a full bathroom, offers additional living space.

  4. 2024-10-24
    soldstatus $115,000 Closed 848-char remark
    Show marketing remark (848 chars)

    This fully renovated 2024 brick bungalow offers a luxurious and cozy living experience. The living room and kitchen feature elegant chestnut-colored luxury vinyl flooring that adds a touch of warmth. The kitchen boasts white cabinets with stainless steel pulls and handles, along with stainless steel appliances, including a gas range, refrigerator, and dishwasher. A stunning stone backsplash and granite countertops provide a sophisticated look, and there's ample space for a dining table. The living room is perfect for relaxing on chilly nights, featuring a natural fireplace, large picture window, and recessed lighting. The updated bathroom features ceramic flooring and tile walls, along with modern lighting. The finished basement, complete with a blacked-out ceiling, recessed lighting, and a full bathroom, offers additional living space.

  5. 2024-09-14
    status Pending 848-char remark
    Show marketing remark (848 chars)

    This fully renovated 2024 brick bungalow offers a luxurious and cozy living experience. The living room and kitchen feature elegant chestnut-colored luxury vinyl flooring that adds a touch of warmth. The kitchen boasts white cabinets with stainless steel pulls and handles, along with stainless steel appliances, including a gas range, refrigerator, and dishwasher. A stunning stone backsplash and granite countertops provide a sophisticated look, and there's ample space for a dining table. The living room is perfect for relaxing on chilly nights, featuring a natural fireplace, large picture window, and recessed lighting. The updated bathroom features ceramic flooring and tile walls, along with modern lighting. The finished basement, complete with a blacked-out ceiling, recessed lighting, and a full bathroom, offers additional living space.

  6. 2024-09-14
    status Pending 848-char remark
    Show marketing remark (848 chars)

    This fully renovated 2024 brick bungalow offers a luxurious and cozy living experience. The living room and kitchen feature elegant chestnut-colored luxury vinyl flooring that adds a touch of warmth. The kitchen boasts white cabinets with stainless steel pulls and handles, along with stainless steel appliances, including a gas range, refrigerator, and dishwasher. A stunning stone backsplash and granite countertops provide a sophisticated look, and there's ample space for a dining table. The living room is perfect for relaxing on chilly nights, featuring a natural fireplace, large picture window, and recessed lighting. The updated bathroom features ceramic flooring and tile walls, along with modern lighting. The finished basement, complete with a blacked-out ceiling, recessed lighting, and a full bathroom, offers additional living space.

  7. 2024-08-28
    historical Accepting Backup Offers 848-char remark
    Show marketing remark (848 chars)

    This fully renovated 2024 brick bungalow offers a luxurious and cozy living experience. The living room and kitchen feature elegant chestnut-colored luxury vinyl flooring that adds a touch of warmth. The kitchen boasts white cabinets with stainless steel pulls and handles, along with stainless steel appliances, including a gas range, refrigerator, and dishwasher. A stunning stone backsplash and granite countertops provide a sophisticated look, and there's ample space for a dining table. The living room is perfect for relaxing on chilly nights, featuring a natural fireplace, large picture window, and recessed lighting. The updated bathroom features ceramic flooring and tile walls, along with modern lighting. The finished basement, complete with a blacked-out ceiling, recessed lighting, and a full bathroom, offers additional living space.

  8. 2024-08-28
    historical Accepting Backup Offers 848-char remark
    Show marketing remark (848 chars)

    This fully renovated 2024 brick bungalow offers a luxurious and cozy living experience. The living room and kitchen feature elegant chestnut-colored luxury vinyl flooring that adds a touch of warmth. The kitchen boasts white cabinets with stainless steel pulls and handles, along with stainless steel appliances, including a gas range, refrigerator, and dishwasher. A stunning stone backsplash and granite countertops provide a sophisticated look, and there's ample space for a dining table. The living room is perfect for relaxing on chilly nights, featuring a natural fireplace, large picture window, and recessed lighting. The updated bathroom features ceramic flooring and tile walls, along with modern lighting. The finished basement, complete with a blacked-out ceiling, recessed lighting, and a full bathroom, offers additional living space.

  9. 2024-08-24
    listed $116,500 Active 848-char remark
    Show marketing remark (848 chars)

    This fully renovated 2024 brick bungalow offers a luxurious and cozy living experience. The living room and kitchen feature elegant chestnut-colored luxury vinyl flooring that adds a touch of warmth. The kitchen boasts white cabinets with stainless steel pulls and handles, along with stainless steel appliances, including a gas range, refrigerator, and dishwasher. A stunning stone backsplash and granite countertops provide a sophisticated look, and there's ample space for a dining table. The living room is perfect for relaxing on chilly nights, featuring a natural fireplace, large picture window, and recessed lighting. The updated bathroom features ceramic flooring and tile walls, along with modern lighting. The finished basement, complete with a blacked-out ceiling, recessed lighting, and a full bathroom, offers additional living space.

  10. 2024-08-24
    listed $116,500 Active 848-char remark
    Show marketing remark (848 chars)

    This fully renovated 2024 brick bungalow offers a luxurious and cozy living experience. The living room and kitchen feature elegant chestnut-colored luxury vinyl flooring that adds a touch of warmth. The kitchen boasts white cabinets with stainless steel pulls and handles, along with stainless steel appliances, including a gas range, refrigerator, and dishwasher. A stunning stone backsplash and granite countertops provide a sophisticated look, and there's ample space for a dining table. The living room is perfect for relaxing on chilly nights, featuring a natural fireplace, large picture window, and recessed lighting. The updated bathroom features ceramic flooring and tile walls, along with modern lighting. The finished basement, complete with a blacked-out ceiling, recessed lighting, and a full bathroom, offers additional living space.

  11. 2024-08-23
    historical $116,500 848-char remark
    Show marketing remark (848 chars)

    This fully renovated 2024 brick bungalow offers a luxurious and cozy living experience. The living room and kitchen feature elegant chestnut-colored luxury vinyl flooring that adds a touch of warmth. The kitchen boasts white cabinets with stainless steel pulls and handles, along with stainless steel appliances, including a gas range, refrigerator, and dishwasher. A stunning stone backsplash and granite countertops provide a sophisticated look, and there's ample space for a dining table. The living room is perfect for relaxing on chilly nights, featuring a natural fireplace, large picture window, and recessed lighting. The updated bathroom features ceramic flooring and tile walls, along with modern lighting. The finished basement, complete with a blacked-out ceiling, recessed lighting, and a full bathroom, offers additional living space.

  12. 2024-08-23
    historical $116,500 848-char remark
    Show marketing remark (848 chars)

    This fully renovated 2024 brick bungalow offers a luxurious and cozy living experience. The living room and kitchen feature elegant chestnut-colored luxury vinyl flooring that adds a touch of warmth. The kitchen boasts white cabinets with stainless steel pulls and handles, along with stainless steel appliances, including a gas range, refrigerator, and dishwasher. A stunning stone backsplash and granite countertops provide a sophisticated look, and there's ample space for a dining table. The living room is perfect for relaxing on chilly nights, featuring a natural fireplace, large picture window, and recessed lighting. The updated bathroom features ceramic flooring and tile walls, along with modern lighting. The finished basement, complete with a blacked-out ceiling, recessed lighting, and a full bathroom, offers additional living space.

  13. 2024-01-18
    status Pending
  14. 2024-01-18
    status Pending
  15. 2023-12-31
    historical
  16. 2023-12-30
    historical
  17. 2023-09-21
    price $39,990
  18. 2023-09-20
    price $39,990
  19. 2023-09-15
    price $45,000
  20. 2023-09-15
    price $45,000
  21. 2023-09-02
    listed $55,000 Active
  22. 2023-09-02
    listed $55,000 Active
  23. 2018-08-03
    soldstatus $47,000

ⓘ 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
$1,747 · $146/mo
Projected year-2 tax
$1,747 · $146/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 ≥97°F today · 15 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
$16,088
− Mortgage interest
−$2,240
− Property taxes
−$1,747
− Insurance
−$200
− Repairs & maintenance
−$1,287
− Management
−$1,287
− Depreciation
−$1,163
Taxable income
$8,164
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,959
After-tax cash flow
$6,287/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)
32,760
Household income
$35,322
Rent vs Own
47.0% rent · 53.0% 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

Price history

+144.7% since first listed
23 events — show timeline
  • 2025-01-08 Sold (Public Records) $115,000 Public Records
  • 2024-12-17 Pending REALCOMP
  • 2024-10-24 Sold (MLS) $115,000 MiRealSource-MiMLS
  • 2024-10-24 Sold (MLS) $115,000 REALCOMP
  • 2024-09-14 Pending MiRealSource-MiMLS
  • 2024-09-14 Pending REALCOMP
  • 2024-08-28 Contingent MiRealSource-MiMLS
  • 2024-08-28 Contingent REALCOMP
  • 2024-08-24 Listed $116,500 MiRealSource-MiMLS
  • 2024-08-24 Listed $116,500 REALCOMP
  • 2024-08-23 Coming Soon $116,500 MiRealSource-MiMLS
  • 2024-08-23 Coming Soon $116,500 REALCOMP
  • 2024-01-18 Pending MiRealSource-MiMLS
  • 2024-01-18 Pending REALCOMP
  • 2023-12-31 Listing Removed MiRealSource-MiMLS
  • 2023-12-30 Listing Removed REALCOMP
  • 2023-09-21 Price Changed $39,990 MiRealSource-MiMLS
  • 2023-09-20 Price Changed $39,990 REALCOMP
  • 2023-09-15 Price Changed $45,000 MiRealSource-MiMLS
  • 2023-09-15 Price Changed $45,000 REALCOMP
  • 2023-09-02 Listed $55,000 MiRealSource-MiMLS
  • 2023-09-02 Listed $55,000 REALCOMP
  • 2018-08-03 Sold (Public Records) $47,000 Public Records

Property tax history

-0.7%/yr

Latest (2025): $1,747 · -21.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…