6822 N Lafayette St · Dearborn Heights, MI 48127

$167,000

3 bd · 1.0 ba · 1,080 sqft · SingleFamily public records · 61 Days on market

Built 1951 5,227 sqft lot $155/sqft · 20% below area Est $208k · 20% under

---

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 +23.3/30.0
• ARV discount +15.0/15.0
• DSCR +7.5/10.0
• 1% rule +5.6/10.0
• Livability +4.0/5.0
• Schools +3.2/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

Key facts

• Fenced yard
• Eat-in kitchen
• Coved ceilings

Tags

• FENCED YARD
• EAT-IN KITCHEN
• COVED CEILINGS
• DETACHED GARAGE

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $167k.

Deal economics

• At list price, monthly cash flow is $307 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $167k).
• Recommended offer: $157k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.5% vs local median 5.5% in Dearborn Heights — 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 79/100 on livability (#82 in MI, #1,885 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools C-, crime D+, employment D+.
• Crestwood School District (suburban): math 32% / reading 43% proficiency, ranked #242 of 540 in MI (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 143 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 35% of the median local income ($61k/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 $1k of loan paydown is wiped out by about $5k 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.

Negotiation context

• It's been on market 61 days — a 6% lower offer ($157k) is reasonable based on typical stale-listing flexibility.
• 18 sale attempts since 28y ago; this cycle's ask has dropped $13k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $113k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $156,980 (6.0% below list)

Questions for the listing agent

1. It's been on market 61 days. Have you received any prior offers? Is the seller open to a 6% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is D 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: 1.06% ✓
• Cap rate: 8.50%
• Cash-on-cash: 7.88%
• DSCR: 1.35
• GRM: 7.9

CMA / ARV

• ARV (median comp): $207,772
• List price: $167,000
• Delta: -19.62%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6822 N Lafayette St	0.00mi	3/1.0	1,080 (0%)	0mo	$150,000	$139	100
6953 N Vernon St	0.16mi	3/1.0	1,006 (-7%)	1mo	$190,000	$189	81
7420 Fenton St	0.40mi	2/1.0 (-1)	1,080 (0%)	2mo	$160,000	$148	75
6556 Drexel St	0.23mi	3/1.0	988 (-8%)	1mo	$230,000	$233	74
6564 N Waverly St	0.40mi	3/1.0	1,014 (-6%)	2mo	$160,000	$158	70
7302 Nightingale St	0.46mi	3/1.0	1,118 (+4%)	4mo	$155,000	$139	70
25659 Baldwin St	0.67mi	3/1.5	1,080 (0%)	1mo	$281,000	$260	66
7260 Fenton St	0.29mi	3/1.0	1,200 (+11%)	3mo	$241,000	$201	65
5763 N Silvery Ln	0.65mi	3/1.0	1,110 (+3%)	2mo	$153,000	$138	64
6062 Fenton St	0.45mi	2/2.0 (-1)	1,130 (+5%)	1mo	$205,000	$181	61
7276 Colonial	0.34mi	3/2.0	1,215 (+12%)	2mo	$215,000	$177	58
5955 N Silvery Ln	0.59mi	2/1.0 (-1)	975 (-10%)	4mo	$224,900	$231	48

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

Projected returns pro-forma

-3.0% appreciation · 0.41% rent growth · sell at horizon

5-year hold

• IRR: -7.1%
• Equity multiple: 0.74×
• Total profit: $-12,011
• Equity at exit: $24,900

10-year hold

• IRR: -1.0%
• Equity multiple: 0.94×
• Total profit: $-2,813
• Equity at exit: $14,439

Cash invested: $46,760 (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 48127

• Rents YoY: 0.4%
• Active inventory: 143
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,765 high
• Mortgage (P&I): −$876
• Tax from tax record: −$142 /mo · $1,702/yr
• Insurance: −$70
• HOA: −$0
• Vacancy / Maint / Mgmt: −$371
• Net cashflow: $307

Break-even live

Break-even rent $1,376

Max offer price $167,000

Occupancy floor 78%

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: $41,750
• Closing costs: $5,010
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6978 Mayburn St Dearborn Heights, MI	3.0	2.0	1250	$1,800	$1.44	44d	1	0.30mi
7080 Highview St Dearborn Heights, MI	3.0	2.5	1105	$2,000	$1.81	18d	1	0.40mi
7420 Drexel St Dearborn Heights, MI	2.0	1.0	1080	$1,700	$1.57	44d	1	0.44mi
7420 Drexel St Dearborn Heights, MI	2.0	1.0	1080	$1,600	$1.48	4d	1	0.44mi
7420 Drexel St Dearborn Heights, MI	2.0	1.0	1080	$1,700	$1.57	17d	1	0.44mi
7462 N Vernon St Dearborn Heights, MI	4.0	1.0	1113	$1,900	$1.71	2d	1	0.46mi
7014 Kinmore St Dearborn Heights, MI	3.0	1.0	960	$1,900	$1.98	22d	1	0.51mi
8187 Lenore St Dearborn Heights, MI	2.0	1.0	768	$1,550	$2.02	44d	1	0.92mi
7618 Hazelton St Dearborn Heights, MI	3.0	1.0	1310	$1,700	$1.30	17d	1	0.94mi
181 Terri Dr Unit 181 Dearborn Heights, MI	2.0	2.0	840	$1,119	$1.33	5d	1	0.98mi
5722 Centralia St Dearborn Heights, MI	3.0	1.0	999	$1,750	$1.75	2d	1	1.00mi
79 3rd St Unit 79 Dearborn Heights, MI	2.0	1.0	840	$1,339	$1.59	24d	1	1.05mi
8402 Robindale Ave Dearborn Heights, MI	3.0	1.0	1190	$1,600	$1.34	15d	1	1.09mi
22330 W Warren Ave Redford Charter Twp, MI	2.0	1.0	750	$1,200	$1.60	44d	1	1.12mi
8455 Robindale Ave Dearborn Heights, MI	3.0	1.0	1100	$1,750	$1.59	4d	1	1.13mi
26620 Baldwin St Dearborn Heights, MI	3.0	1.5	1156	$1,800	$1.56	2d	1	1.20mi
8254 W Parkway St Redford, MI	3.0	1.0	1220	$1,350	$1.11	12d	1	1.27mi

Listing history 44 events

1. 2026-05-06
   status Pending 907-char remark

   Show marketing remark (907 chars)

   Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

2. 2026-05-06
   status Pending 907-char remark

   Show marketing remark (907 chars)

   Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

3. 2026-05-06
   status Pending

   Show marketing remark (907 chars)

   Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

4. 2026-04-29
   price $167,000 907-char remark

   Show marketing remark (907 chars)

   Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

5. 2026-04-29
   price $167,000 907-char remark

   Show marketing remark (907 chars)

   Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

6. 2026-04-29
   price $167,000

   Show marketing remark (907 chars)

   Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

7. 2026-04-08
   price $172,500 907-char remark

   Show marketing remark (907 chars)

   Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

8. 2026-04-08
   price $172,500 907-char remark

   Show marketing remark (907 chars)

   Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

9. 2026-04-08
   price $172,500

   Show marketing remark (907 chars)

   Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

10. 2026-03-09
    status Active 907-char remark

    Show marketing remark (907 chars)

    Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

11. 2026-03-09
    status Active 907-char remark

    Show marketing remark (907 chars)

    Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

12. 2026-03-09
    status Active

    Show marketing remark (907 chars)

    Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

13. 2026-02-28
    status Pending 907-char remark

    Show marketing remark (907 chars)

    Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

14. 2026-02-28
    status Pending 907-char remark

    Show marketing remark (907 chars)

    Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

15. 2026-02-28
    status Pending

    Show marketing remark (907 chars)

    Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

16. 2026-02-24
    listed $179,999 Active 907-char remark

    Show marketing remark (907 chars)

    Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

17. 2026-02-24
    listed $179,999 Active 907-char remark

    Show marketing remark (907 chars)

    Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

18. 2026-02-24
    listed $179,999 Active

    Show marketing remark (907 chars)

    Welcome home to this charming 3-bedroom, 1-bath Dearborn Heights home within the Crestwood School District. Offering 1,080 square feet of comfortable living space, this welcoming home is full of warmth and opportunity. Step inside to find a bright living room featuring coved ceilings that add character and architectural charm. The eat-in kitchen offers plenty of room for gatherings and everyday meals. Neutral paint throughout provides the perfect canvas for your personal style and finishing touches. Outside, enjoy a fenced yard ideal for relaxing, entertaining, or pets, along with a 1.5-car detached garage for added convenience and storage. Perfectly situated near shopping, dining, and everyday amenities, this home offers both comfort and convenience. Whether you're looking to expand your investment portfolio or searching for your forever home, this property checks all the boxes. Inquire today!

19. 2008-03-20
    historical
20. 2008-03-20
    historical
21. 2008-03-20
    historical
22. 2007-09-20
    historical
23. 2007-03-20
    listed $113,900
24. 2007-03-20
    listed $113,900
25. 2007-03-20
    listed $113,900
26. 2007-03-20
    listed $113,900
27. 2006-07-18
    historical
28. 2006-04-24
    listed $123,900
29. 2006-04-24
    historical
30. 2006-03-08
    listed $129,900
31. 2003-12-02
    historical
32. 2003-11-13
    soldstatus $113,300
33. 2003-08-05
    soldstatus $113,300
34. 2003-06-20
    listed $109,500
35. 2003-06-16
    historical
36. 2003-04-24
    listed $110,000
37. 2003-04-24
    historical
38. 2003-03-07
    listed $112,900
39. 2003-03-04
    historical
40. 2002-12-05
    listed $116,900
41. 2002-09-23
    listed $119,900
42. 1998-10-23
    soldstatus $83,000
43. 1998-06-03
    listed $83,900
44. 1991-01-22
    soldstatus $51,000

ⓘ 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: $1,702 · $142/mo
• Projected year-2 tax: $2,137 · $178/mo
• Expected delta: +$435/yr (+$36/mo · 25.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $21,176
• − Mortgage interest: −$9,355
• − Property taxes: −$1,702
• − Insurance: −$835
• − Repairs & maintenance: −$1,694
• − Management: −$1,694
• − Depreciation: −$4,858
• Taxable income: $1,038
• Est. tax owed @ 24.0%: −$249
• After-tax cash flow: $3,434/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: Crestwood School District
• NCES district ID: 2600016
• Math proficiency: 32% ▼ -6.00%
• Reading proficiency: 43% ▼ -4.00%
• Median HH income: $47,101
• Composite: 32.1/100
• National rank: #5806
• State rank: #242 of 540 in MI

Livability — Dearborn Heights

• Score: 79/100
• State rank: #82
• US rank: #1885

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dearborn Heights, MI
• County: Wayne County · 1,562,939 people
• City population: 61,771
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 39,646
• Household income: $60,742
• Rent vs Own: 28.0% rent · 72.0% own
• Severe rent burden: 1196.0

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 White (85%)
• Race & ethnicity: White 85% Black 8% Two or more races 3% Hispanic / Latino 3% Asian 2%
• Common ancestry: Arab 8% Romanian 7% Lithuanian 2%
• Foreign-born: 31% · Canada
• Languages at home: 46% English-only · Arabic 45% Russian/Polish/Slavic 2% Other Indo-European 2%

Political lean MEDSL · Wayne

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

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -319.04%
• Current HPI: 225.9407
• Rent YoY: ▲ 0.41%
• 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

+227.5% since first listed

44 events — show timeline

• 2026-05-06 Pending — REALCOMP
• 2026-05-06 Pending — MiRealSource-MiMLS
• 2026-05-06 Pending — SW Michigan MLS
• 2026-04-29 Price Changed $167,000 MiRealSource-MiMLS
• 2026-04-29 Price Changed $167,000 REALCOMP
• 2026-04-29 Price Changed $167,000 SW Michigan MLS
• 2026-04-08 Price Changed $172,500 MiRealSource-MiMLS
• 2026-04-08 Price Changed $172,500 REALCOMP
• 2026-04-08 Price Changed $172,500 SW Michigan MLS
• 2026-03-09 Relisted — REALCOMP
• 2026-03-09 Relisted — MiRealSource-MiMLS
• 2026-03-09 Relisted — SW Michigan MLS
• 2026-02-28 Pending — MiRealSource-MiMLS
• 2026-02-28 Pending — REALCOMP
• 2026-02-28 Pending — SW Michigan MLS
• 2026-02-24 Listed $179,999 SW Michigan MLS
• 2026-02-24 Listed $179,999 MiRealSource-MiMLS
• 2026-02-24 Listed $179,999 REALCOMP
• 2008-03-20 Listing Removed — REALCOMP
• 2008-03-20 Listing Removed — MiRealSource-MiMLS
• 2008-03-20 Listing Removed — MiRealSource-MiMLS
• 2007-09-20 Listing Removed — MiRealSource-MiMLS
• 2007-03-20 Listed $113,900 MiRealSource-MiMLS
• 2007-03-20 Listed $113,900 REALCOMP
• 2007-03-20 Listed $113,900 MiRealSource-MiMLS
• 2007-03-20 Listed $113,900 MiRealSource-MiMLS
• 2006-07-18 Listing Removed — REALCOMP
• 2006-04-24 Listing Removed — REALCOMP
• 2006-04-24 Listed $123,900 REALCOMP
• 2006-03-08 Listed $129,900 REALCOMP
• 2003-12-02 Listing Removed — REALCOMP
• 2003-11-13 Sold (Public Records) $113,300 Public Records
• 2003-08-05 Sold (MLS) $113,300 REALCOMP
• 2003-06-20 Listed $109,500 REALCOMP
• 2003-06-16 Listing Removed — REALCOMP
• 2003-04-24 Listing Removed — REALCOMP
• 2003-04-24 Listed $110,000 REALCOMP
• 2003-03-07 Listed $112,900 REALCOMP
• 2003-03-04 Listing Removed — REALCOMP
• 2002-12-05 Listed $116,900 REALCOMP
• 2002-09-23 Listed $119,900 REALCOMP
• 1998-10-23 Sold (MLS) $83,000 REALCOMP
• 1998-06-03 Listed $83,900 REALCOMP
• 1991-01-22 Sold (Public Records) $51,000 Public Records

Property tax history

+2.1%/yr

Latest (2025): $1,702 · -27.6% YoY. Source: county tax records.