19216 Woodside St · Harper Woods, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 95°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the 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 +24.1/30.0
- DSCR +7.8/10.0
- ARV discount +7.5/15.0
- 1% rule +6.9/10.0
- Rent growth +3.8/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +0.9/10.0
- Appreciation +0.0/10.0
$119,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Discover a premier turn-key opportunity at Harper Woods, this charming three-bedroom, one-bathroom bungalow features a partially basement and sits on a peaceful, low-traffic street just steps away from a Beacon elementary school and is perfectly positioned in the heart of Harper Woods. Priced below market value, the property offers an immediate equity position in a highly sought-after neighborhood and offers both equity and cashflow from day 1! This residence represents the ideal passive investment, currently occupied by a reliable tenant paying $1,325 per month. The property has been exceptionally well-maintained, backed by a strong history of consistent, on-time payments and pride of occupancy. Whether you are looking to expand an existing portfolio or secure a stable long-term asset, this meticulously kept bungalow provides a seamless transition into a high-performing rental market.
Key facts
- Low-traffic street
- 4,792 sq ft lot
- Built 1947
Tags
Property features AI
Exterior
- Parking: No garage
- Utilities: Public water; Public sewer
- Home design: Single-family residence; One-and-a-half stories; Ground-level entry with steps; Vinyl siding
- Construction: Block foundation
- Exterior features: Paved road access; Lot roughly 0.11 acres (approximately 39.5 x 124.08)
Interior
- Bedrooms: Total of 5 rooms (includes living spaces and bedrooms)
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced-air heating (natural gas); No central cooling
- Interior features: Unfinished basement
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $119k.
Deal economics
- At list price, monthly cash flow is $234 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $119k).
- Recommended offer: $115k (3.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 73/100 on livability (#199 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, health & safety D+, schools D-.
- Harper Woods School District (suburban): math 4% / reading 15% proficiency, ranked #524 of 540 in MI (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+5.1%/yr); 133 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); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $823 of loan paydown is wiped out by about $4k 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 + 5.1% rent growth), your $33k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- It's been on market 48 days — a 3% lower offer ($115k) is reasonable based on typical stale-listing flexibility.
- 15 sale attempts since 30y 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.
Risks & watch-outs
- Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 48 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1947 — 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 D-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
- 1.19% ✓
- Cap rate
- 8.66%
- Cash-on-cash
- 8.44%
- DSCR
- 1.38
- GRM
- 7.0
CMA / ARV
- ARV (on-the-fly)
- $66,600
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 18746 Woodside St | 0.32mi | 3/1.0 | 921 (+2%) | 2mo | $110,000 | $119 | 80 |
| 16301 Coram St | 0.55mi | 3/1.0 | 929 (+3%) | 1mo | $19,500 | $21 | 68 |
| 16277 Liberal St | 0.62mi | 3/1.0 | 945 (+5%) | 1mo | $25,000 | $26 | 62 |
| 18905 Woodland St | 0.28mi | 3/1.5 | 1,023 (+14%) | 1mo | $105,000 | $103 | 61 |
| 12897 Riad St | 0.57mi | 3/1.0 | 831 (-8%) | 1mo | $63,000 | $76 | 60 |
| 18591 Kingsville St | 0.45mi | 2/1.0 (-1) | 824 (-8%) | 1mo | $74,000 | $90 | 59 |
| 20300 Mccormick St | 0.73mi | 3/1.0 | 940 (+4%) | 1mo | $60,000 | $64 | 58 |
| 11017 Worden St | 0.73mi | 3/1.0 | 961 (+7%) | 0mo | $47,500 | $49 | 54 |
| 16209 Tacoma St | 0.74mi | 3/1.0 | 968 (+8%) | 1mo | $62,900 | $65 | 52 |
| 20244 Mccormick St | 0.68mi | 3/1.0 | 1,000 (+11%) | 1mo | $75,000 | $75 | 49 |
| 11640 Somerset Ave | 0.55mi | 3/2.0 | 1,028 (+14%) | 0mo | $70,000 | $68 | 47 |
| 12893 Payton St | 0.65mi | 3/1.0 | 1,020 (+13%) | 1mo | $75,000 | $74 | 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 · 5.1% rent growth · sell at horizon
- IRR
- -1.0%
- Equity multiple
- 0.96×
- Total profit
- $-1,233
- Equity at exit
- $17,743
- IRR
- 11.0%
- Equity multiple
- 1.95×
- Total profit
- $31,493
- Equity at exit
- $10,289
Cash invested: $33,320 (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 48225
- Rents YoY
- 5.1%
- Active inventory
- 133
- Price-to-rent
- 7.0×
Monthly cashflow live
- Estimated rent
- $1,417 high interval (Pro) →
- Mortgage (P&I)
- −$624
- Tax from tax record
- −$211 /mo · $2,535/yr
- Insurance
- −$50
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$298
- Net cashflow
- $234
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $29,750
- Closing costs
- $3,570
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 19152 Woodside St Harper Woods, MI | 3.0 | 1.0 | 916 | $1,500 | $1.64 | 17d | 1 | 0.07mi |
| 19365 Kingsville St Harper Woods, MI | 4.0 | 1.5 | 996 | $1,650 | $1.66 | 14d | 1 | 0.26mi |
| 19661 Kenosha St Harper Woods, MI | 3.0 | 2.0 | 1000 | $1,400 | $1.40 | 24d | 1 | 0.29mi |
| 19442 Kingsville St Harper Woods, MI | 3.0 | 1.0 | 1000 | $1,500 | $1.50 | 17d | 1 | 0.31mi |
| 19144 Moross Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.42mi |
| 19639 Moross Rd Unit 1 Detroit, MI | 2.0 | 1.0 | 900 | $1,100 | $1.22 | 43d | 1 | 0.43mi |
| 12075 Rossiter St Detroit, MI | 3.0 | 1.0 | 1100 | $1,245 | $1.13 | 14d | 1 | 0.51mi |
| 12075 Rossiter St Detroit, MI | 3.0 | 1.0 | 1100 | $1,245 | $1.13 | 43d | 1 | 0.51mi |
| 19982 McCormick St Detroit, MI | 3.0 | 1.0 | 866 | $1,200 | $1.39 | 3d | 1 | 0.56mi |
| 16212 Maddelein St Detroit, MI | 2.0 | 1.0 | 800 | $1,200 | $1.50 | 12d | 1 | 0.61mi |
| 12716 Riad St Detroit, MI | 3.0 | 1.0 | 974 | $1,275 | $1.31 | 17d | 1 | 0.67mi |
| 16225 Manning St Detroit, MI | 4.0 | 2.0 | 1036 | $1,475 | $1.42 | 43d | 1 | 0.70mi |
| 10985 Peerless St Detroit, MI | 3.0 | 1.0 | 1000 | $1,364 | $1.36 | 4d | 1 | 0.72mi |
| 11776 Rossiter St Detroit, MI | 3.0 | 1.0 | 964 | $1,150 | $1.19 | 11d | 1 | 0.74mi |
| 20461 Kingsville St Harper Woods, MI | 4.0 | 1.0 | 1100 | $1,399 | $1.27 | 14d | 1 | 0.77mi |
| 15909 Maddelein St Detroit, MI | 3.0 | 1.0 | 894 | $1,266 | $1.42 | 43d | 1 | 0.77mi |
| 11529 Roxbury St Detroit, MI | 2.0 | 1.0 | 720 | $1,200 | $1.67 | 12d | 1 | 0.79mi |
| 20015 Lochmoor St Harper Woods, MI | 3.0 | 1.0 | 1006 | $1,500 | $1.49 | 16d | 1 | 0.82mi |
| 11611 Morang Ave Detroit, MI | 1.0–2.0 | 1.0 | 709 | $1,040 | $1.47 | 43d | 1 | 0.84mi |
| 16291 Eastburn St Detroit, MI | 3.0 | 1.0 | 1000 | $1,364 | $1.36 | 24d | 1 | 0.88mi |
| 12201 Morang Ave Unit 8 Detroit, MI | 2.0 | 1.0 | 610 | $875 | $1.43 | 43d | 1 | 0.88mi |
| 16410 Edmore Dr Detroit, MI | 3.0 | 1.0 | 850 | $1,250 | $1.47 | 14d | 1 | 0.93mi |
| 10542 Lanark St Detroit, MI | 3.0 | 1.0 | 1023 | $1,250 | $1.22 | 43d | 1 | 0.98mi |
| 10692 Meuse St Detroit, MI | 3.0 | 1.0 | 955 | $1,250 | $1.31 | 12d | 1 | 0.99mi |
| 11235 Roxbury St Detroit, MI | 3.0 | 1.0 | 1062 | $1,325 | $1.25 | 17d | 1 | 1.04mi |
| 20600 Balfour St Harper Woods, MI | 1.0–2.0 | 1.0–2.0 | 971 | $1,671 | $1.72 | 1d | 12 | 1.07mi |
| 10400 Britain St Detroit, MI | 3.0 | 1.0 | 890 | $1,100 | $1.24 | 43d | 1 | 1.09mi |
| 10370 Britain St Detroit, MI | 3.0 | 1.0 | 1100 | $1,100 | $1.00 | 43d | 1 | 1.10mi |
| 19203 Edgefield St Harper Woods, MI | 2.0 | 1.0 | 1100 | $1,100 | $1.00 | 24d | 1 | 1.11mi |
| 15494 Mapleridge St Detroit, MI | 3.0 | 1.0 | 937 | $1,275 | $1.36 | 43d | 1 | 1.13mi |
| 10177 Boleyn St Detroit, MI | 3.0 | 1.0 | 767 | $1,250 | $1.63 | 43d | 1 | 1.22mi |
| 17710 Chester St Detroit, MI | 2.0 | 1.0 | 984 | $1,250 | $1.27 | 43d | 1 | 1.26mi |
| 17720 Chester St Detroit, MI | 2.0 | 1.0 | 986 | $1,250 | $1.27 | 43d | 1 | 1.26mi |
| 10037 Grayton St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 3d | 1 | 1.29mi |
| 21401 Kingsville St Harper Woods, MI | 2.0 | 1.0 | 944 | $1,200 | $1.27 | 24d | 1 | 1.32mi |
| 15663 Carlisle St Detroit, MI | 2.0 | 1.0 | 803 | $1,050 | $1.31 | 14d | 1 | 1.33mi |
| 6325 Neff Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,500 | $1.50 | 2d | 1 | 1.33mi |
| 6301 Lodewyck St Detroit, MI | 3.0 | 1.0 | 1084 | $1,300 | $1.20 | 12d | 1 | 1.35mi |
| 6304 Bluehill St Detroit, MI | 3.0 | 1.0 | 1088 | $1,500 | $1.38 | 43d | 1 | 1.37mi |
| 10404 Somerset Ave Detroit, MI | 3.0 | 1.0 | 1108 | $1,475 | $1.33 | 3d | 1 | 1.38mi |
Listing history 50 events
-
2026-06-18days on market $119,000 Active 48 DOM
-
2026-06-17days on market $119,000 Active 47 DOM
-
2026-06-16days on market $119,000 Active 46 DOM
-
2026-06-15days on market $119,000 Active 45 DOM
-
2026-06-13days on market $119,000 Active 43 DOM
-
2026-06-13days on market $119,000 Active 42 DOM
-
2026-06-09days on market $119,000 Active 39 DOM
-
2026-06-08days on market $119,000 Active 38 DOM
-
2026-06-07pricedays on market $119,000 Active 37 DOM
-
2026-06-04days on market $120,000 Active 34 DOM
-
2026-06-03days on market $120,000 Active 33 DOM
-
2026-06-02days on market $120,000 Active 32 DOM
-
2026-06-01days on market $120,000 Active 31 DOM
-
2026-05-31days on market $120,000 Active 30 DOM
-
2026-05-01$120,000 Active 898-char remark
Show marketing remark (898 chars)
Discover a premier turn-key opportunity at Harper Woods, this charming three-bedroom, one-bathroom bungalow features a partially basement and sits on a peaceful, low-traffic street just steps away from a Beacon elementary school and is perfectly positioned in the heart of Harper Woods. Priced below market value, the property offers an immediate equity position in a highly sought-after neighborhood and offers both equity and cashflow from day 1! This residence represents the ideal passive investment, currently occupied by a reliable tenant paying $1,325 per month. The property has been exceptionally well-maintained, backed by a strong history of consistent, on-time payments and pride of occupancy. Whether you are looking to expand an existing portfolio or secure a stable long-term asset, this meticulously kept bungalow provides a seamless transition into a high-performing rental market.
-
2026-05-01$120,000 Active
Show marketing remark (898 chars)
Discover a premier turn-key opportunity at Harper Woods, this charming three-bedroom, one-bathroom bungalow features a partially basement and sits on a peaceful, low-traffic street just steps away from a Beacon elementary school and is perfectly positioned in the heart of Harper Woods. Priced below market value, the property offers an immediate equity position in a highly sought-after neighborhood and offers both equity and cashflow from day 1! This residence represents the ideal passive investment, currently occupied by a reliable tenant paying $1,325 per month. The property has been exceptionally well-maintained, backed by a strong history of consistent, on-time payments and pride of occupancy. Whether you are looking to expand an existing portfolio or secure a stable long-term asset, this meticulously kept bungalow provides a seamless transition into a high-performing rental market.
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2024-10-16historical $1,300
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2024-09-17$1,300
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2024-09-17historical $1,300
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2024-09-15$1,300
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2024-07-22soldstatus $110,000
-
2024-07-12soldstatus $110,000 Sold 220-char remark
Show marketing remark (220 chars)
Beautiful Harper Woods home with a full basement and recently updated. Has new floors, new front deck and has just been cleaned and painted. Great block with easy access to local schools, shopping and restaurants. BATVAI
-
2024-07-12soldstatus $110,000 Closed
Show marketing remark (220 chars)
Beautiful Harper Woods home with a full basement and recently updated. Has new floors, new front deck and has just been cleaned and painted. Great block with easy access to local schools, shopping and restaurants. BATVAI
-
2024-07-10status Pending
Show marketing remark (220 chars)
Beautiful Harper Woods home with a full basement and recently updated. Has new floors, new front deck and has just been cleaned and painted. Great block with easy access to local schools, shopping and restaurants. BATVAI
-
2024-07-10status Pending 220-char remark
Show marketing remark (220 chars)
Beautiful Harper Woods home with a full basement and recently updated. Has new floors, new front deck and has just been cleaned and painted. Great block with easy access to local schools, shopping and restaurants. BATVAI
-
2024-04-26historical Accepting Backup Offers 220-char remark
Show marketing remark (220 chars)
Beautiful Harper Woods home with a full basement and recently updated. Has new floors, new front deck and has just been cleaned and painted. Great block with easy access to local schools, shopping and restaurants. BATVAI
-
2024-04-26historical Accepting Backup Offers
Show marketing remark (220 chars)
Beautiful Harper Woods home with a full basement and recently updated. Has new floors, new front deck and has just been cleaned and painted. Great block with easy access to local schools, shopping and restaurants. BATVAI
-
2024-03-29price $110,000
Show marketing remark (220 chars)
Beautiful Harper Woods home with a full basement and recently updated. Has new floors, new front deck and has just been cleaned and painted. Great block with easy access to local schools, shopping and restaurants. BATVAI
-
2024-03-29price $110,000 220-char remark
Show marketing remark (220 chars)
Beautiful Harper Woods home with a full basement and recently updated. Has new floors, new front deck and has just been cleaned and painted. Great block with easy access to local schools, shopping and restaurants. BATVAI
-
2024-03-08$115,000 Active 220-char remark
Show marketing remark (220 chars)
Beautiful Harper Woods home with a full basement and recently updated. Has new floors, new front deck and has just been cleaned and painted. Great block with easy access to local schools, shopping and restaurants. BATVAI
-
2024-03-08$115,000 Active
Show marketing remark (220 chars)
Beautiful Harper Woods home with a full basement and recently updated. Has new floors, new front deck and has just been cleaned and painted. Great block with easy access to local schools, shopping and restaurants. BATVAI
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2019-07-17soldstatus $69,000
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2019-07-15soldstatus $69,000 Sold
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2019-07-15soldstatus $69,000 Closed
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2019-07-01historical
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2019-07-01historical
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2019-06-30$69,000
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2019-06-30$69,000
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2017-07-10soldstatus $28,900 Sold
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2017-07-10soldstatus $28,900 Closed
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2017-06-26status Pending
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2017-06-26status Pending
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2017-06-02$29,900 Active
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2017-06-02$29,900 Active
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2013-05-15soldstatus $50,000
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2013-01-30soldstatus $19,100
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2013-01-30soldstatus $19,100
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2013-01-11historical
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2012-12-13$18,500
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2012-12-13$18,500
ⓘ 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
- $2,535 · $211/mo
- Projected year-2 tax
- $2,535 · $211/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 ≥95°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $17,004
- − Mortgage interest
- −$6,666
- − Property taxes
- −$2,535
- − Insurance
- −$595
- − Repairs & maintenance
- −$1,360
- − Management
- −$1,360
- − Depreciation
- −$3,462
- Taxable income
- $1,025
- Est. tax owed @ 24.0%
- −$246
- After-tax cash flow
- $2,568/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
- Harper Woods School District
- NCES district ID
- 2617760
- Math proficiency
- 4% ▼ -7.00%
- Reading proficiency
- 15% ▼ -9.00%
- Median HH income
- $46,155
- Composite
- 8.8/100
- National rank
- #9892
- State rank
- #524 of 540 in MI
Livability — Harper Woods
- Score
- 73/100
- State rank
- #199
- US rank
- #5054
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Harper Woods, MI
- County
- Wayne County · 1,562,939 people
- City population
- 16,098
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 16,098
- Household income
- $61,750
- Rent vs Own
- Severe rent burden
- 410.0
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 (65%)
- Race & ethnicity
- Black 65% White 28% Two or more races 4% Hispanic / Latino 1%
- Common ancestry
- Romanian 4% Lithuanian 1% German 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 95% English-only · Arabic 2% 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
- ▼ -150.40%
- Current HPI
- 181.4961
- Rent YoY
- ▲ 5.10%
- 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 |
|
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Price history
+142.4% since first listed45 events — show timeline
- 2026-05-01 Listed $120,000 REALCOMP
- 2026-05-01 Listed $120,000 MiRealSource-MiMLS
- 2024-10-16 Rental Removed $1,300 REALSOURCE
- 2024-09-17 Listed for Rent $1,300 REALSOURCE
- 2024-09-17 Rental Removed $1,300 REALCOMP
- 2024-09-15 Listed for Rent $1,300 REALCOMP
- 2024-07-22 Sold (Public Records) $110,000 Public Records
- 2024-07-12 Sold (MLS) $110,000 MiRealSource-MiMLS
- 2024-07-12 Sold (MLS) $110,000 REALCOMP
- 2024-07-10 Pending — MiRealSource-MiMLS
- 2024-07-10 Pending — REALCOMP
- 2024-04-26 Contingent — REALCOMP
- 2024-04-26 Contingent — MiRealSource-MiMLS
- 2024-03-29 Price Changed $110,000 MiRealSource-MiMLS
- 2024-03-29 Price Changed $110,000 REALCOMP
- 2024-03-08 Listed $115,000 MiRealSource-MiMLS
- 2024-03-08 Listed $115,000 REALCOMP
- 2019-07-17 Sold (Public Records) $69,000 Public Records
- 2019-07-15 Sold (MLS) $69,000 MiRealSource-MiMLS
- 2019-07-15 Sold (MLS) $69,000 REALCOMP
- 2019-07-01 Listing Removed — MiRealSource-MiMLS
- 2019-07-01 Listing Removed — REALCOMP
- 2019-06-30 Listed $69,000 MiRealSource-MiMLS
- 2019-06-30 Listed $69,000 REALCOMP
- 2017-07-10 Sold (MLS) $28,900 MiRealSource-MiMLS
- 2017-07-10 Sold (MLS) $28,900 REALCOMP
- 2017-06-26 Pending — MiRealSource-MiMLS
- 2017-06-26 Pending — REALCOMP
- 2017-06-02 Listed $29,900 MiRealSource-MiMLS
- 2017-06-02 Listed $29,900 REALCOMP
- 2013-05-15 Sold (Public Records) $50,000 Public Records
- 2013-01-30 Sold (MLS) $19,100 REALCOMP
- 2013-01-30 Sold (MLS) $19,100 MiRealSource-MiMLS
- 2013-01-11 Listing Removed — MiRealSource-MiMLS
- 2012-12-13 Listed $18,500 REALCOMP
- 2012-12-13 Listed $18,500 MiRealSource-MiMLS
- 2010-09-10 Listing Removed — REALCOMP
- 2010-03-10 Listed $29,900 REALCOMP
- 1998-12-11 Sold (MLS) $79,500 MiRealSource-MiMLS
- 1998-10-07 Listing Removed — MiRealSource-MiMLS
- 1998-08-17 Listed $79,500 MiRealSource-MiMLS
- 1997-02-28 Sold (Public Records) $41,000 Public Records
- 1997-01-27 Sold (MLS) $41,000 MiRealSource-MiMLS
- 1997-01-09 Listing Removed — MiRealSource-MiMLS
- 1996-12-12 Listed $49,500 MiRealSource-MiMLS
Property tax history
+1.8%/yrLatest (2025): $2,535 · -15.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…