23704 Hazelwood Ave · Hazel Park, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 97°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
- 5 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 +19.5/30.0
- ARV discount +14.1/15.0
- DSCR +6.2/10.0
- 1% rule +5.3/10.0
- Livability +4.0/5.0
- Rent growth +3.2/5.0
- Condition / age +2.5/5.0
- Schools +1.4/10.0
- Appreciation +0.0/10.0
$170,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome home! This 3-bedroom, 1-bath ranch in the heart of Hazel Park, offers excellent bones and tremendous potential for buyers looking to add their own modern flair. Step inside to discover beautiful hardwood floors flowing throughout the main living areas. The spacious, open layout features generous room sizes with a bright living room bathed in natural light. The kitchen offers ample cabinet space and tile flooring, while all three bedrooms showcase original hardwood floors. One of the standout features is the finished basement, which significantly expands the usable living space. Whether you envision a family entertainment area, home office, gym, or recreation room, this below-grade space adds valuable square footage and functionality without the cost of an addition. The exterior presents a charming single-story ranch on a desirable corner lot with mature landscaping and established trees. The covered front porch is perfect for morning coffee, while the fenced backyard features a concrete patio ideal for entertaining. A convenient carport provides covered parking and additional storage. Located in an established neighborhood with convenient access to shopping, dining, schools, and major roadways for an easy commute to Detroit and surrounding suburbs. This property presents an excellent opportunity for first-time buyers, investors, or anyone looking to create their dream home. The solid structure, desirable layout, and bonus finished basement provide a fantastic foundation for your vision!
Key facts
- Finished basement
- Concrete patio
- Mature landscaping
Tags
Property features AI
Finance
- Other:
- Financial info:
- HOA & community:
Exterior
- Parking: Attached garage; Carport; 1 garage space
- Security:
- Utilities: Sewer available; Other water source
- Home design: Single-family residence; One level; Ground-level entry with steps
- Construction: Vinyl siding; Block foundation; Built with standard residential construction
- Exterior features: Awnings; Covered porch/patio; Paved road access
Interior
- Kitchen:
- Bedrooms:
- Flooring:
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating (natural gas); No central cooling
- Interior features: Finished basement; 6 total rooms
- Laundry & utility:
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $170k.
Deal economics
- At list price, monthly cash flow is $192 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $170k).
- Recommended offer: $150k (12.0% below list) — sets the bar for market timing.
- Cap rate 7.7% vs local median 6.2% in Hazel Park — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 81/100 on livability (#65 in MI, #1,385 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, schools D.
- Hazel Park School District (suburban): math 10% / reading 24% proficiency, ranked #490 of 540 in MI (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising (+2.9%/yr); 135 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
- This rent runs 31% of the median local income ($67k/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.
- Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 139 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 19y ago; this cycle's ask has dropped $20k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $56k; list at $170k implies a 204% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 139 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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?
- 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
- 1.03% ✓
- Cap rate
- 7.65%
- Cash-on-cash
- 4.85%
- DSCR
- 1.22
- GRM
- 8.1
CMA / ARV
- ARV (on-the-fly)
- $199,023
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 23393 Hoover Ave | 0.30mi | 3/1.0 | 1,292 (+6%) | 0mo | $211,000 | $163 | 76 |
| 23109 Harding Ave | 0.33mi | 3/1.0 | 1,166 (-4%) | 1mo | $210,000 | $180 | 76 |
| 31 Manatee Ave | 0.32mi | 3/1.0 | 1,100 (-10%) | 4mo | $185,000 | $168 | 66 |
| 353 E Jarvis Ave | 0.67mi | 3/1.5 | 1,229 (+1%) | 4mo | $200,000 | $163 | 63 |
| 411 W Woodruff Ave | 0.70mi | 3/1.0 | 1,202 (-2%) | 3mo | $145,000 | $121 | 62 |
| 23112 Cayuga Ave | 0.28mi | 3/2.0 | 1,383 (+13%) | 1mo | $195,000 | $141 | 60 |
| 119 W Mapledale Ave | 0.56mi | 2/1.0 (-1) | 1,281 (+5%) | 2mo | $169,000 | $132 | 59 |
| 23360 Crossley Ave | 0.54mi | 3/1.0 | 1,364 (+12%) | 1mo | $190,000 | $139 | 54 |
| 1004 E Otis Ave | 0.55mi | 3/1.0 | 1,072 (-12%) | 2mo | $198,000 | $185 | 52 |
| 720 E Robert Ave | 0.57mi | 3/1.0 | 1,056 (-14%) | 2mo | $150,000 | $142 | 50 |
| 2146 Martin Rd | 0.75mi | 3/1.0 | 1,077 (-12%) | 3mo | $195,000 | $181 | 43 |
| 1964 Almont St | 0.73mi | 3/1.5 | 1,391 (+14%) | 3mo | $220,000 | $158 | 38 |
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 · 2.9% rent growth · sell at horizon
- IRR
- -8.8%
- Equity multiple
- 0.68×
- Total profit
- $-15,432
- Equity at exit
- $25,348
- IRR
- 0.5%
- Equity multiple
- 1.04×
- Total profit
- $1,763
- Equity at exit
- $14,698
Cash invested: $47,600 (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 48030
- Rents YoY
- 2.9%
- Active inventory
- 135
- Price-to-rent
- 8.1×
Monthly cashflow live
- Estimated rent
- $1,745 high interval (Pro) →
- Mortgage (P&I)
- −$891
- Tax from tax record
- −$224 /mo · $2,685/yr
- Insurance
- −$71
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$366
- Net cashflow
- $192
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
- $42,500
- Closing costs
- $5,100
- 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 36 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 23400 Reynolds Ave Hazel Park, MI | 3.0 | 1.0 | 1305 | $1,900 | $1.46 | 5d | 1 | 0.11mi |
| 23345 Tawas Ave Hazel Park, MI | 3.0 | 1.0 | 1000 | $1,550 | $1.55 | 10d | 1 | 0.17mi |
| 322 Jeff Keeton Dr Hazel Park, MI | 2.0 | 2.5 | 1334 | $2,350 | $1.76 | 1d | 1 | 0.22mi |
| 1045 E Woodward Heights Blvd Hazel Park, MI | 1.0–2.0 | 1.0 | 715 | $1,209 | $1.69 | 24d | 3 | 0.26mi |
| 23115 Tawas Ave Hazel Park, MI | 2.0 | 1.0 | 706 | $1,375 | $1.95 | 24d | 1 | 0.27mi |
| 691 E Mapledale Ave Hazel Park, MI | 2.0 | 1.0 | 1333 | $1,500 | $1.13 | 10d | 1 | 0.40mi |
| 959 E Shevlin Ave Hazel Park, MI | 3.0 | 1.0 | 1419 | $1,750 | $1.23 | 14d | 1 | 0.47mi |
| 266 W Goulson Ave Hazel Park, MI | 3.0 | 1.0 | 942 | $1,600 | $1.70 | 21d | 1 | 0.64mi |
| 1770 E Woodward Heights Blvd Hazel Park, MI | 2.0 | 1.0 | 850 | $1,525 | $1.79 | 12d | 1 | 0.67mi |
| 1770 E Woodward Heights Blvd Unit E3 Hazel Park, MI | 2.0 | 1.0 | 850 | $1,300 | $1.53 | 24d | 1 | 0.67mi |
| 1770 E Woodward Heights Blvd Hazel Park, MI | 1.0–2.0 | 1.0 | 712 | $1,400 | $1.96 | 5d | 1 | 0.67mi |
| 2420 Woodward Hts Ferndale, MI | 3.0 | 1.0 | 1316 | $2,200 | $1.67 | 24d | 1 | 0.68mi |
| 23077 Davey Ave Hazel Park, MI | 3.0 | 1.0 | 933 | $1,895 | $2.03 | 24d | 1 | 0.70mi |
| 2023 Ardmore Dr Ferndale, MI | 2.0 | 1.0 | 771 | $1,250 | $1.62 | 24d | 1 | 0.81mi |
| 1820 E Troy St Ferndale, MI | 3.0 | 1.0 | 1167 | $1,500 | $1.29 | 4d | 1 | 0.85mi |
| 2215 Browning St Ferndale, MI | 2.0 | 1.0 | 739 | $1,350 | $1.83 | 4d | 1 | 0.86mi |
| 90 W Meyers Ave Hazel Park, MI | 2.0 | 1.0 | 831 | $1,800 | $2.17 | 24d | 1 | 0.90mi |
| 1731 E Pearl Ave Hazel Park, MI | 3.0 | 1.0 | 844 | $1,500 | $1.78 | 20d | 1 | 0.90mi |
| 2186 Garfield St Ferndale, MI | 3.0 | 1.0 | 1300 | $1,750 | $1.35 | 24d | 1 | 0.94mi |
| 25151 Dequindre Rd Madison Heights, MI | 3.0 | 2.0 | 1088 | $1,279 | $1.18 | 23d | 1 | 0.98mi |
| 1326 E Evelyn Ave Unit 1032332P Hazel Park, MI | 3.0 | 2.0 | 1097 | $6,448 | $5.88 | 1d | 1 | 1.04mi |
| 2181 Coy St Ferndale, MI | 3.0 | 1.0 | 1050 | $1,995 | $1.90 | 10d | 1 | 1.05mi |
| 1800 Browning St Ferndale, MI | 2.0 | 1.0 | 809 | $1,600 | $1.98 | 5d | 1 | 1.08mi |
| 1621 E Evelyn Ave Hazel Park, MI | 2.0 | 1.0 | 749 | $1,295 | $1.73 | 17d | 1 | 1.11mi |
| 328 W Kalama Ave Madison Heights, MI | 3.0 | 1.0 | 900 | $1,575 | $1.75 | 5d | 1 | 1.14mi |
| 1211 E Bernhard Ave Hazel Park, MI | 2.0 | 1.0 | 721 | $1,500 | $2.08 | 24d | 1 | 1.15mi |
| 2709 Capitol Ave Warren, MI | 3.0 | 2.0 | 1056 | $1,649 | $1.56 | 43d | 1 | 1.15mi |
| 407 E Hayes Ave Hazel Park, MI | 3.0 | 1.0 | 1000 | $1,750 | $1.75 | 24d | 1 | 1.21mi |
| 1019 E Hayes Ave Unit 1032331P Hazel Park, MI | 3.0 | 1.0 | 1033 | $5,301 | $5.13 | 1d | 1 | 1.22mi |
| 21516 Dequindre Rd Warren, MI | 1.0–2.0 | 1.0 | 837 | $1,375 | $1.64 | 21d | 1 | 1.28mi |
| 1561 E Webster St Ferndale, MI | 2.0 | 1.0 | 939 | $1,600 | $1.70 | 24d | 1 | 1.31mi |
| 1201 Woodward Hts Ferndale, MI | 2.0 | 2.0 | 1200 | $2,045 | $1.70 | 24d | 1 | 1.33mi |
| 155 W George Ave Hazel Park, MI | 2.0 | 1.0 | 725 | $1,000 | $1.38 | 24d | 1 | 1.34mi |
| 1301 E Muir Ave Hazel Park, MI | 3.0 | 2.0 | 1236 | $1,600 | $1.29 | 21d | 1 | 1.36mi |
| 1816 Guthrie Ave Royal Oak, MI | 3.0 | 1.0 | 1100 | $1,800 | $1.64 | 5d | 1 | 1.36mi |
| 2803 Grayson St Ferndale, MI | 3.0 | 2.0 | 1274 | $2,000 | $1.57 | 43d | 1 | 1.37mi |
Listing history 31 events
-
2026-06-18days on market $170,000 Active 139 DOM
-
2026-06-17days on market $170,000 Active 138 DOM
-
2026-06-16days on market $170,000 Active 137 DOM
-
2026-06-15days on market $170,000 Active 136 DOM
-
2026-06-13days on market $170,000 Active 134 DOM
-
2026-06-13days on market $170,000 Active 133 DOM
-
2026-06-09days on market $170,000 Active 130 DOM
-
2026-06-08days on market $170,000 Active 129 DOM
-
2026-06-07days on market $170,000 Active 128 DOM
-
2026-06-04days on market $170,000 Active 125 DOM
-
2026-06-03days on market $170,000 Active 124 DOM
-
2026-06-02days on market $170,000 Active 123 DOM
-
2026-06-01days on market $170,000 Active 122 DOM
-
2026-05-31days on market $170,000 Active 121 DOM
-
2026-05-16price $170,000 1519-char remark
Show marketing remark (1519 chars)
Welcome home! This 3-bedroom, 1-bath ranch in the heart of Hazel Park, offers excellent bones and tremendous potential for buyers looking to add their own modern flair. Step inside to discover beautiful hardwood floors flowing throughout the main living areas. The spacious, open layout features generous room sizes with a bright living room bathed in natural light. The kitchen offers ample cabinet space and tile flooring, while all three bedrooms showcase original hardwood floors. One of the standout features is the finished basement, which significantly expands the usable living space. Whether you envision a family entertainment area, home office, gym, or recreation room, this below-grade space adds valuable square footage and functionality without the cost of an addition. The exterior presents a charming single-story ranch on a desirable corner lot with mature landscaping and established trees. The covered front porch is perfect for morning coffee, while the fenced backyard features a concrete patio ideal for entertaining. A convenient carport provides covered parking and additional storage. Located in an established neighborhood with convenient access to shopping, dining, schools, and major roadways for an easy commute to Detroit and surrounding suburbs. This property presents an excellent opportunity for first-time buyers, investors, or anyone looking to create their dream home. The solid structure, desirable layout, and bonus finished basement provide a fantastic foundation for your vision!
-
2026-05-15price $170,000
-
2026-04-08price $185,000 1519-char remark
Show marketing remark (1519 chars)
Welcome home! This 3-bedroom, 1-bath ranch in the heart of Hazel Park, offers excellent bones and tremendous potential for buyers looking to add their own modern flair. Step inside to discover beautiful hardwood floors flowing throughout the main living areas. The spacious, open layout features generous room sizes with a bright living room bathed in natural light. The kitchen offers ample cabinet space and tile flooring, while all three bedrooms showcase original hardwood floors. One of the standout features is the finished basement, which significantly expands the usable living space. Whether you envision a family entertainment area, home office, gym, or recreation room, this below-grade space adds valuable square footage and functionality without the cost of an addition. The exterior presents a charming single-story ranch on a desirable corner lot with mature landscaping and established trees. The covered front porch is perfect for morning coffee, while the fenced backyard features a concrete patio ideal for entertaining. A convenient carport provides covered parking and additional storage. Located in an established neighborhood with convenient access to shopping, dining, schools, and major roadways for an easy commute to Detroit and surrounding suburbs. This property presents an excellent opportunity for first-time buyers, investors, or anyone looking to create their dream home. The solid structure, desirable layout, and bonus finished basement provide a fantastic foundation for your vision!
-
2026-04-07price $185,000
-
2026-01-30$189,900 Active 1519-char remark
Show marketing remark (1519 chars)
Welcome home! This 3-bedroom, 1-bath ranch in the heart of Hazel Park, offers excellent bones and tremendous potential for buyers looking to add their own modern flair. Step inside to discover beautiful hardwood floors flowing throughout the main living areas. The spacious, open layout features generous room sizes with a bright living room bathed in natural light. The kitchen offers ample cabinet space and tile flooring, while all three bedrooms showcase original hardwood floors. One of the standout features is the finished basement, which significantly expands the usable living space. Whether you envision a family entertainment area, home office, gym, or recreation room, this below-grade space adds valuable square footage and functionality without the cost of an addition. The exterior presents a charming single-story ranch on a desirable corner lot with mature landscaping and established trees. The covered front porch is perfect for morning coffee, while the fenced backyard features a concrete patio ideal for entertaining. A convenient carport provides covered parking and additional storage. Located in an established neighborhood with convenient access to shopping, dining, schools, and major roadways for an easy commute to Detroit and surrounding suburbs. This property presents an excellent opportunity for first-time buyers, investors, or anyone looking to create their dream home. The solid structure, desirable layout, and bonus finished basement provide a fantastic foundation for your vision!
-
2026-01-30$189,900 Active
Show marketing remark (1519 chars)
Welcome home! This 3-bedroom, 1-bath ranch in the heart of Hazel Park, offers excellent bones and tremendous potential for buyers looking to add their own modern flair. Step inside to discover beautiful hardwood floors flowing throughout the main living areas. The spacious, open layout features generous room sizes with a bright living room bathed in natural light. The kitchen offers ample cabinet space and tile flooring, while all three bedrooms showcase original hardwood floors. One of the standout features is the finished basement, which significantly expands the usable living space. Whether you envision a family entertainment area, home office, gym, or recreation room, this below-grade space adds valuable square footage and functionality without the cost of an addition. The exterior presents a charming single-story ranch on a desirable corner lot with mature landscaping and established trees. The covered front porch is perfect for morning coffee, while the fenced backyard features a concrete patio ideal for entertaining. A convenient carport provides covered parking and additional storage. Located in an established neighborhood with convenient access to shopping, dining, schools, and major roadways for an easy commute to Detroit and surrounding suburbs. This property presents an excellent opportunity for first-time buyers, investors, or anyone looking to create their dream home. The solid structure, desirable layout, and bonus finished basement provide a fantastic foundation for your vision!
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2016-12-09soldstatus $56,000
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2009-01-20soldstatus $72,500
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2008-12-08soldstatus $72,500 332-char remark
Show marketing remark (332 chars)
This home is a "cream puff" finished basement. Central air, vinyl windows, new kitchen, new ceramic bath. Hardwood flooring under carpet. Excellent location with easy access to everything. $650.00 total payment whith minimum down payment. (estimate) Bring us an offer. 5% to selling agent. Nice home and not a foreclosure.
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2008-12-08soldstatus $72,500
Show marketing remark (332 chars)
This home is a "cream puff" finished basement. Central air, vinyl windows, new kitchen, new ceramic bath. Hardwood flooring under carpet. Excellent location with easy access to everything. $650.00 total payment whith minimum down payment. (estimate) Bring us an offer. 5% to selling agent. Nice home and not a foreclosure.
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2008-10-31historical
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2008-08-14$78,200 332-char remark
Show marketing remark (332 chars)
This home is a "cream puff" finished basement. Central air, vinyl windows, new kitchen, new ceramic bath. Hardwood flooring under carpet. Excellent location with easy access to everything. $650.00 total payment whith minimum down payment. (estimate) Bring us an offer. 5% to selling agent. Nice home and not a foreclosure.
-
2008-08-14$78,200
Show marketing remark (332 chars)
This home is a "cream puff" finished basement. Central air, vinyl windows, new kitchen, new ceramic bath. Hardwood flooring under carpet. Excellent location with easy access to everything. $650.00 total payment whith minimum down payment. (estimate) Bring us an offer. 5% to selling agent. Nice home and not a foreclosure.
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2008-07-31historical
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2008-07-31historical
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2007-03-26$78,500
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2007-03-26$78,500
ⓘ 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
- $2,685 · $224/mo
- Projected year-2 tax
- $2,685 · $224/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 3/10 Moderate 3 unhealthy d/yr today · 5 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
- $20,940
- − Mortgage interest
- −$9,523
- − Property taxes
- −$2,685
- − Insurance
- −$850
- − Repairs & maintenance
- −$1,675
- − Management
- −$1,675
- − Depreciation
- −$4,945
- Taxable loss
- −$414
- Est. tax savings @ 24.0%
- +$99
- After-tax cash flow
- $2,409/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
- Hazel Park School District
- NCES district ID
- 2618030
- Math proficiency
- 10% ▼ -2.00%
- Reading proficiency
- 24% ▲ 1.00%
- Median HH income
- $36,181
- Composite
- 14.05/100
- National rank
- #9466
- State rank
- #490 of 540 in MI
Livability — Hazel Park
- Score
- 81/100
- State rank
- #65
- US rank
- #1385
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Hazel Park, MI
- County
- Oakland County · 1,009,092 people
- City population
- 14,963
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 14,963
- Household income
- $67,073
- Rent vs Own
- Severe rent burden
- 432.0
Population outlook (Oakland County) Hauer SSP2
- Today (2025)
- 1,335,747 people
- By 2030
- 1,375,100 · +2.9%
- By 2040
- 1,435,385 · +7.5%
- By 2050
- 1,469,250 · +10.0%
- By 2075
- 1,531,946 · +14.7%
- By 2100
- 1,450,485 · +8.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (74%)
- Race & ethnicity
- White 74% Two or more races 10% Black 10% Hispanic / Latino 6% Asian 1%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 2%
- Common ancestry
- Romanian 11% Slovak 3% Lithuanian 2%
- Foreign-born
- 5% · Canada
- Languages at home
- 92% English-only · Spanish 5% Arabic 1% Russian/Polish/Slavic 1%
Political lean MEDSL · Oakland
- 2024 margin
- D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
- 2008→2024 swing
- -3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
- All cycles
- 2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -184.32%
- Current HPI
- 285.5923
- Rent YoY
- ▲ 2.90%
- 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 |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
+116.6% since first listed17 events — show timeline
- 2026-05-16 Price Changed $170,000 MiRealSource-MiMLS
- 2026-05-15 Price Changed $170,000 REALCOMP
- 2026-04-08 Price Changed $185,000 MiRealSource-MiMLS
- 2026-04-07 Price Changed $185,000 REALCOMP
- 2026-01-30 Listed $189,900 REALCOMP
- 2026-01-30 Listed $189,900 MiRealSource-MiMLS
- 2016-12-09 Sold (Public Records) $56,000 Public Records
- 2009-01-20 Sold (Public Records) $72,500 Public Records
- 2008-12-08 Sold (MLS) $72,500 MiRealSource-MiMLS
- 2008-12-08 Sold (MLS) $72,500 REALCOMP
- 2008-10-31 Listing Removed — MiRealSource-MiMLS
- 2008-08-14 Listed $78,200 MiRealSource-MiMLS
- 2008-08-14 Listed $78,200 REALCOMP
- 2008-07-31 Listing Removed — MiRealSource-MiMLS
- 2008-07-31 Listing Removed — REALCOMP
- 2007-03-26 Listed $78,500 MiRealSource-MiMLS
- 2007-03-26 Listed $78,500 REALCOMP
Property tax history
+6.4%/yrLatest (2025): $2,685 · +2.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…