15094 Strathmoor St · Detroit, MI 48227

$135,900

4 bd · 1.0 ba · 1,473 sqft · SingleFamily public records · 32 Days on market

Built 1929 4,356 sqft lot $92/sqft · 143% above area

---

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 +22.0/30.0
• ARV discount +7.5/15.0
• DSCR +7.0/10.0
• 1% rule +5.8/10.0
• Rent growth +3.9/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

THIS IS A FIND. NEW ROOF PROFESSIONALLY INSTALLED WITH 3D SHINGLES. WAS A FIVE BEDROOM! NOW W/ A WALL REMOVED IS A FOUR BEDROOM WITH AN EXTRA LARGE EN'SUITE WITH HALF BATH. VERY WELL-LOVED HOME AND IT SHOWS. HARD WOOD FLOORS SHOW NICELY AND A FULL OPEN BASEMENT WITH NEW FLOORING. INCLUDES NEWER HIGH-END WASHER & DRYER WHICH STAY. OTHER APPLIANCES NEGOTIABLE. LOTS OF LIGHT BATHES THE INTERIOR AND THE BACK YARD IS DEEP WITH SOME EXTRA SPACE TO ENJOY & FLANKED BY PRIVACY FENCE ON BOTH SIDES. CENTRALLY LOCATED PROPERTY NEAR FWYs, & LOTS OF FOOD OPTIONS NEARBY.

Key facts

• Hard wood floors
• New flooring
• Extra large ensuite

Tags

• NEW ROOF
• EXTRA LARGE ENSUITE
• HARD WOOD FLOORS
• FULL OPEN BASEMENT
• NEW FLOORING
• PRIVACY FENCE

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $136k.

Deal economics

• At list price, monthly cash flow is $216 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $136k).
• Recommended offer: $132k (3.0% below list) — sets the bar for market timing.

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 (+5.6%/yr); 391 active listings in the ZIP; 40 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 $1,463/mo this rent would consume 48% of the median local household income ($37k/yr) (locally 2371% 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 $940 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 + 5.6% rent growth), your $38k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 32 days — a 3% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 16y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $5k; list at $136k implies a 2618% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1929 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $131,823 (3.0% below list)

Questions for the listing agent

1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1929 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.08% ✓
• Cap rate: 8.20%
• Cash-on-cash: 6.82%
• DSCR: 1.30
• GRM: 7.7

CMA / ARV

• ARV (median comp): $88,188
• List price: $135,900
• Delta: 54.10%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15501 Whitcomb St	0.54mi	4/1.5	1,609 (+9%)	2mo	$90,000	$56	56
14905 Littlefield St	0.60mi	3/1.0 (-1)	1,368 (-7%)	1mo	$52,000	$38	54
15530 Winthrop St	0.70mi	3/1.0 (-1)	1,573 (+7%)	3mo	$60,000	$38	48
15328 Prest St E	0.51mi	3/1.5 (-1)	1,298 (-12%)	3mo	$66,999	$52	47
15868 Whitcomb St	0.66mi	3/1.0 (-1)	1,332 (-10%)	2mo	$95,000	$71	46
15103 Cheyenne St	0.64mi	4/2.0	1,317 (-11%)	4mo	$121,500	$92	46
15788 Littlefield St	0.73mi	3/1.0 (-1)	1,608 (+9%)	4mo	$95,000	$59	42
16265 Ardmore St	0.73mi	3/1.0 (-1)	1,333 (-10%)	4mo	$49,000	$37	42
15053 Littlefield St	0.58mi	3/2.0 (-1)	1,286 (-13%)	2mo	$75,000	$58	41
14232 Lauder St	0.68mi	3/1.0 (-1)	1,272 (-14%)	2mo	$60,000	$47	38
14974 Cheyenne St	0.67mi	3/2.5 (-1)	1,300 (-12%)	4mo	$155,000	$119	35
16176 Tracey St	0.75mi	3/2.0 (-1)	1,270 (-14%)	0mo	$70,000	$55	33

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 · 5.59% rent growth · sell at horizon

5-year hold

• IRR: -2.9%
• Equity multiple: 0.89×
• Total profit: $-4,308
• Equity at exit: $20,263

10-year hold

• IRR: 9.5%
• Equity multiple: 1.81×
• Total profit: $31,006
• Equity at exit: $11,750

Cash invested: $38,052 (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 48227

• Rents YoY: 5.6%
• Active inventory: 391
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,463 high
• Mortgage (P&I): −$713
• Tax est. 1.5%: −$170 /mo · $2,038/yr
• Insurance: −$57
• HOA: −$0
• Vacancy / Maint / Mgmt: −$307
• Net cashflow: $216

Break-even live

Break-even rent $1,189

Max offer price $135,900

Occupancy floor 80%

Sensitivity live

Price	-10% $310	-5% $263	+0% $216	+5% $169	+10% $122
Rent	-10% $101	-5% $159	+0% $216	+5% $274	+10% $332
Rate	-1.0pp $285	-0.5pp $251	base $216	+0.5pp $181	+1.0pp $145

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: $33,975
• Closing costs: $4,077
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15341 Lauder St Detroit, MI	4.0	1.5	1080	$1,475	$1.37	18d	1	0.26mi
15387 Lesure St Detroit, MI	3.0	1.0	1064	$1,350	$1.27	13d	1	0.33mi
14600 Strathmoor St Detroit, MI	4.0	1.0	1300	$1,450	$1.12	45d	1	0.34mi
15328 Coyle St Detroit, MI	3.0	1.0	1000	$1,450	$1.45	19d	1	0.35mi
15330 Coyle St Unit 2 Detroit, MI	3.0	1.0	1000	$1,450	$1.45	25d	1	0.35mi
15330 Coyle St Unit 1 Detroit, MI	3.0	1.0	1000	$1,425	$1.43	13d	1	0.35mi
15330 Coyle St Unit 1 Detroit, MI	3.0	1.0	1000	$1,375	$1.38	25d	1	0.35mi
14590 Ardmore St Detroit, MI	3.0	1.0	1200	$1,195	$1.00	4d	1	0.37mi
14903 Tracey St Detroit, MI	3.0	1.0	1004	$1,100	$1.10	18d	1	0.38mi
15762 Mark Twain St Detroit, MI	3.0	2.0	1430	$1,250	$0.87	18d	1	0.40mi
14814 Sussex St Unit 2 Detroit, MI	3.0	1.0	1100	$1,000	$0.91	45d	1	0.47mi
14891 Hartwell St Detroit, MI	3.0	1.0	1000	$1,150	$1.15	45d	1	0.48mi
15810 Robson St Detroit, MI	3.0	1.0	1142	$1,500	$1.31	25d	1	0.53mi
14375 Terry St Detroit, MI	3.0	2.0	1300	$1,425	$1.10	45d	1	0.58mi
14893 Prest St Detroit, MI	3.0	1.0	1100	$1,000	$0.91	16d	1	0.58mi
14284 Cruse St Detroit, MI	3.0	1.0	1121	$1,150	$1.03	18d	1	0.63mi
16151 Robson St Detroit, MI	3.0	1.0	1300	$1,525	$1.17	16d	1	0.68mi
16505 Stansbury St Detroit, MI	3.0	1.0	1700	$1,345	$0.79	45d	1	0.78mi
16505 Stansbury St Detroit, MI	3.0	1.0	1100	$1,250	$1.14	12d	1	0.78mi
15375 Prevost St Detroit, MI	4.0	1.0	907	$1,300	$1.43	18d	1	0.85mi
14104 Coyle St Detroit, MI	3.0	1.0	1327	$1,350	$1.02	6d	1	0.85mi
16014 Hackett St Detroit, MI	4.0	2.0	1142	$1,500	$1.31	45d	1	0.91mi
15752 Rutherford St Detroit, MI	3.0	2.0	1174	$1,386	$1.18	6d	1	0.94mi
16230 Cheyenne St Detroit, MI	3.0	1.0	1653	$1,450	$0.88	45d	1	0.94mi
15332 Saint Marys St Detroit, MI	3.0	1.0	1200	$1,200	$1.00	18d	1	0.98mi
13331 Strathmoor St Detroit, MI	3.0	1.0	1084	$1,100	$1.01	18d	1	1.04mi
15866 Mansfield St Detroit, MI	3.0	1.0	1324	$1,425	$1.08	25d	1	1.04mi
16204 Steel St Detroit, MI	3.0	1.0	969	$1,150	$1.19	45d	1	1.05mi
14504 Saint Marys St Detroit, MI	4.0	1.0	1362	$1,473	$1.08	45d	1	1.06mi
14800 Woodmont Ave Detroit, MI	3.0	2.0	1612	$1,525	$0.95	16d	1	1.12mi
14881 Mendota St Detroit, MI	3.0	1.0	1026	$1,100	$1.07	25d	1	1.13mi
13279 Coyle St Detroit, MI	3.0	1.0	1444	$1,373	$0.95	45d	1	1.16mi
16837 Winthrop St Detroit, MI	5.0	2.0	1500	$2,000	$1.33	21d	1	1.19mi
15736 Biltmore St Detroit, MI	3.0	1.5	1000	$1,200	$1.20	18d	1	1.23mi
15708 Birwood St Detroit, MI	3.0	1.0	1255	$1,100	$0.88	6d	1	1.23mi
15065 Gilchrist St Detroit, MI	3.0	1.0	1100	$1,250	$1.14	45d	1	1.26mi
12778 Strathmoor St Detroit, MI	3.0	1.0	1597	$1,150	$0.72	6d	1	1.27mi
12754 Marlowe St Detroit, MI	3.0	2.0	1008	$1,400	$1.39	18d	1	1.30mi
16210 Ferguson St Detroit, MI	4.0	2.0	1493	$1,750	$1.17	4d	1	1.31mi
16535 Asbury Park Detroit, MI	3.0	1.5	1152	$1,450	$1.26	25d	1	1.32mi

Listing history 21 events

1. 2026-05-06
   status Pending 579-char remark

   Show marketing remark (580 chars)

   THIS IS A FIND. NEW ROOF PROFESSIONALLY INSTALLED WITH 3D SHINGLES. WAS A FIVE BEDROOM! NOW W/ A WALL REMOVED IS A FOUR BEDROOM WITH AN EXTRA LARGE EN'SUITE WITH HALF BATH. VERY WELL-LOVED HOME AND IT SHOWS. HARD WOOD FLOORS SHOW NICELY AND A FULL OPEN BASEMENT WITH NEW FLOORING. INCLUDES NEWER HIGH-END WASHER & DRYER WHICH STAY. OTHER APPLIANCES NEGOTIABLE. LOTS OF LIGHT BATHES THE INTERIOR AND THE BACK YARD IS DEEP WITH SOME EXTRA SPACE TO ENJOY & FLANKED BY PRIVACY FENCE ON BOTH SIDES. CENTRALLY LOCATED PROPERTY NEAR FWYs, & LOTS OF FOOD OPTIONS NEARBY.

2. 2026-05-06
   status Pending 580-char remark

   Show marketing remark (580 chars)

   THIS IS A FIND. NEW ROOF PROFESSIONALLY INSTALLED WITH 3D SHINGLES. WAS A FIVE BEDROOM! NOW W/ A WALL REMOVED IS A FOUR BEDROOM WITH AN EXTRA LARGE EN'SUITE WITH HALF BATH. VERY WELL-LOVED HOME AND IT SHOWS. HARD WOOD FLOORS SHOW NICELY AND A FULL OPEN BASEMENT WITH NEW FLOORING. INCLUDES NEWER HIGH-END WASHER & DRYER WHICH STAY. OTHER APPLIANCES NEGOTIABLE. LOTS OF LIGHT BATHES THE INTERIOR AND THE BACK YARD IS DEEP WITH SOME EXTRA SPACE TO ENJOY & FLANKED BY PRIVACY FENCE ON BOTH SIDES. CENTRALLY LOCATED PROPERTY NEAR FWYs, & LOTS OF FOOD OPTIONS NEARBY.

3. 2026-04-15
   status Active 580-char remark

   Show marketing remark (579 chars)

   THIS IS A FIND. NEW ROOF PROFESSIONALLY INSTALLED WITH 3D SHINGLES. WAS A FIVE BEDROOM! NOW W/ A WALL REMOVED IS A FOUR BEDROOM WITH AN EXTRA LARGE EN'SUITE WITH HALF BATH. VERY WELL-LOVED HOME AND IT SHOWS. HARD WOOD FLOORS SHOW NICELY AND A FULL OPEN BASEMENT WITH NEW FLOORING. INCLUDES NEWER HIGH-END WASHER & DRYER WHICH STAY. OTHER APPLIANCES NEGOTIABLE. LOTS OF LIGHT BATHES THE INTERIOR AND THE BACK YARD IS DEEP WITH SOME EXTRA SPACE TO ENJOY & FLANKED BY PRIVACY FENCE ON BOTH SIDES. CENTRALLY LOCATED PROPERTY NEAR FWYs, & LOTS OF FOOD OPTIONS NEARBY.

4. 2026-04-15
   status Active 579-char remark

   Show marketing remark (579 chars)

   THIS IS A FIND. NEW ROOF PROFESSIONALLY INSTALLED WITH 3D SHINGLES. WAS A FIVE BEDROOM! NOW W/ A WALL REMOVED IS A FOUR BEDROOM WITH AN EXTRA LARGE EN'SUITE WITH HALF BATH. VERY WELL-LOVED HOME AND IT SHOWS. HARD WOOD FLOORS SHOW NICELY AND A FULL OPEN BASEMENT WITH NEW FLOORING. INCLUDES NEWER HIGH-END WASHER & DRYER WHICH STAY. OTHER APPLIANCES NEGOTIABLE. LOTS OF LIGHT BATHES THE INTERIOR AND THE BACK YARD IS DEEP WITH SOME EXTRA SPACE TO ENJOY & FLANKED BY PRIVACY FENCE ON BOTH SIDES. CENTRALLY LOCATED PROPERTY NEAR FWYs, & LOTS OF FOOD OPTIONS NEARBY.

5. 2026-04-01
   historical 579-char remark

   Show marketing remark (579 chars)

   THIS IS A FIND. NEW ROOF PROFESSIONALLY INSTALLED WITH 3D SHINGLES. WAS A FIVE BEDROOM! NOW W/ A WALL REMOVED IS A FOUR BEDROOM WITH AN EXTRA LARGE EN'SUITE WITH HALF BATH. VERY WELL-LOVED HOME AND IT SHOWS. HARD WOOD FLOORS SHOW NICELY AND A FULL OPEN BASEMENT WITH NEW FLOORING. INCLUDES NEWER HIGH-END WASHER & DRYER WHICH STAY. OTHER APPLIANCES NEGOTIABLE. LOTS OF LIGHT BATHES THE INTERIOR AND THE BACK YARD IS DEEP WITH SOME EXTRA SPACE TO ENJOY & FLANKED BY PRIVACY FENCE ON BOTH SIDES. CENTRALLY LOCATED PROPERTY NEAR FWYs, & LOTS OF FOOD OPTIONS NEARBY.

6. 2026-03-24
   status Active 579-char remark

   Show marketing remark (580 chars)

   THIS IS A FIND. NEW ROOF PROFESSIONALLY INSTALLED WITH 3D SHINGLES. WAS A FIVE BEDROOM! NOW W/ A WALL REMOVED IS A FOUR BEDROOM WITH AN EXTRA LARGE EN'SUITE WITH HALF BATH. VERY WELL-LOVED HOME AND IT SHOWS. HARD WOOD FLOORS SHOW NICELY AND A FULL OPEN BASEMENT WITH NEW FLOORING. INCLUDES NEWER HIGH-END WASHER & DRYER WHICH STAY. OTHER APPLIANCES NEGOTIABLE. LOTS OF LIGHT BATHES THE INTERIOR AND THE BACK YARD IS DEEP WITH SOME EXTRA SPACE TO ENJOY & FLANKED BY PRIVACY FENCE ON BOTH SIDES. CENTRALLY LOCATED PROPERTY NEAR FWYs, & LOTS OF FOOD OPTIONS NEARBY.

7. 2026-03-24
   status Active 580-char remark

   Show marketing remark (580 chars)

   THIS IS A FIND. NEW ROOF PROFESSIONALLY INSTALLED WITH 3D SHINGLES. WAS A FIVE BEDROOM! NOW W/ A WALL REMOVED IS A FOUR BEDROOM WITH AN EXTRA LARGE EN'SUITE WITH HALF BATH. VERY WELL-LOVED HOME AND IT SHOWS. HARD WOOD FLOORS SHOW NICELY AND A FULL OPEN BASEMENT WITH NEW FLOORING. INCLUDES NEWER HIGH-END WASHER & DRYER WHICH STAY. OTHER APPLIANCES NEGOTIABLE. LOTS OF LIGHT BATHES THE INTERIOR AND THE BACK YARD IS DEEP WITH SOME EXTRA SPACE TO ENJOY & FLANKED BY PRIVACY FENCE ON BOTH SIDES. CENTRALLY LOCATED PROPERTY NEAR FWYs, & LOTS OF FOOD OPTIONS NEARBY.

8. 2026-03-16
   status Pending 579-char remark

   Show marketing remark (580 chars)

   THIS IS A FIND. NEW ROOF PROFESSIONALLY INSTALLED WITH 3D SHINGLES. WAS A FIVE BEDROOM! NOW W/ A WALL REMOVED IS A FOUR BEDROOM WITH AN EXTRA LARGE EN'SUITE WITH HALF BATH. VERY WELL-LOVED HOME AND IT SHOWS. HARD WOOD FLOORS SHOW NICELY AND A FULL OPEN BASEMENT WITH NEW FLOORING. INCLUDES NEWER HIGH-END WASHER & DRYER WHICH STAY. OTHER APPLIANCES NEGOTIABLE. LOTS OF LIGHT BATHES THE INTERIOR AND THE BACK YARD IS DEEP WITH SOME EXTRA SPACE TO ENJOY & FLANKED BY PRIVACY FENCE ON BOTH SIDES. CENTRALLY LOCATED PROPERTY NEAR FWYs, & LOTS OF FOOD OPTIONS NEARBY.

9. 2026-03-16
   status Pending 580-char remark

   Show marketing remark (580 chars)

   THIS IS A FIND. NEW ROOF PROFESSIONALLY INSTALLED WITH 3D SHINGLES. WAS A FIVE BEDROOM! NOW W/ A WALL REMOVED IS A FOUR BEDROOM WITH AN EXTRA LARGE EN'SUITE WITH HALF BATH. VERY WELL-LOVED HOME AND IT SHOWS. HARD WOOD FLOORS SHOW NICELY AND A FULL OPEN BASEMENT WITH NEW FLOORING. INCLUDES NEWER HIGH-END WASHER & DRYER WHICH STAY. OTHER APPLIANCES NEGOTIABLE. LOTS OF LIGHT BATHES THE INTERIOR AND THE BACK YARD IS DEEP WITH SOME EXTRA SPACE TO ENJOY & FLANKED BY PRIVACY FENCE ON BOTH SIDES. CENTRALLY LOCATED PROPERTY NEAR FWYs, & LOTS OF FOOD OPTIONS NEARBY.

10. 2026-03-05
    listed $135,900 Active 579-char remark

    Show marketing remark (580 chars)

    THIS IS A FIND. NEW ROOF PROFESSIONALLY INSTALLED WITH 3D SHINGLES. WAS A FIVE BEDROOM! NOW W/ A WALL REMOVED IS A FOUR BEDROOM WITH AN EXTRA LARGE EN'SUITE WITH HALF BATH. VERY WELL-LOVED HOME AND IT SHOWS. HARD WOOD FLOORS SHOW NICELY AND A FULL OPEN BASEMENT WITH NEW FLOORING. INCLUDES NEWER HIGH-END WASHER & DRYER WHICH STAY. OTHER APPLIANCES NEGOTIABLE. LOTS OF LIGHT BATHES THE INTERIOR AND THE BACK YARD IS DEEP WITH SOME EXTRA SPACE TO ENJOY & FLANKED BY PRIVACY FENCE ON BOTH SIDES. CENTRALLY LOCATED PROPERTY NEAR FWYs, & LOTS OF FOOD OPTIONS NEARBY.

11. 2026-03-05
    listed $135,900 Active 580-char remark

    Show marketing remark (580 chars)

    THIS IS A FIND. NEW ROOF PROFESSIONALLY INSTALLED WITH 3D SHINGLES. WAS A FIVE BEDROOM! NOW W/ A WALL REMOVED IS A FOUR BEDROOM WITH AN EXTRA LARGE EN'SUITE WITH HALF BATH. VERY WELL-LOVED HOME AND IT SHOWS. HARD WOOD FLOORS SHOW NICELY AND A FULL OPEN BASEMENT WITH NEW FLOORING. INCLUDES NEWER HIGH-END WASHER & DRYER WHICH STAY. OTHER APPLIANCES NEGOTIABLE. LOTS OF LIGHT BATHES THE INTERIOR AND THE BACK YARD IS DEEP WITH SOME EXTRA SPACE TO ENJOY & FLANKED BY PRIVACY FENCE ON BOTH SIDES. CENTRALLY LOCATED PROPERTY NEAR FWYs, & LOTS OF FOOD OPTIONS NEARBY.

12. 2011-12-23
    soldstatus $5,000
13. 2011-12-23
    soldstatus $5,000
14. 2011-12-21
    historical
15. 2011-09-06
    listed $38,000
16. 2011-09-06
    listed $38,000
17. 2011-05-10
    historical
18. 2011-03-28
    historical
19. 2010-11-10
    listed $25,000
20. 2010-11-10
    listed $25,000
21. 1991-11-20
    soldstatus $19,400

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,553
• − Mortgage interest: −$7,613
• − Property taxes: −$2,038
• − Insurance: −$680
• − Repairs & maintenance: −$1,404
• − Management: −$1,404
• − Depreciation: −$3,953
• Taxable income: $460
• Est. tax owed @ 24.0%: −$110
• After-tax cash flow: $2,486/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): 40,302
• Household income: $36,527
• Rent vs Own: 40.9% rent · 59.1% own
• Severe rent burden: 2371.0

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 (95%)
• Race & ethnicity: Black 95% Two or more races 3% White 1%
• Foreign-born: 1%
• Languages at home: 98% English-only · Spanish 1% 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: ▼ -125.00%
• Current HPI: 186.4158
• Rent YoY: ▲ 5.59%
• 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

+600.5% since first listed

21 events — show timeline

• 2026-05-06 Pending — MiRealSource-MiMLS
• 2026-05-06 Pending — REALCOMP
• 2026-04-15 Relisted — REALCOMP
• 2026-04-15 Relisted — MiRealSource-MiMLS
• 2026-04-01 Listing Removed — MiRealSource-MiMLS
• 2026-03-24 Relisted — MiRealSource-MiMLS
• 2026-03-24 Relisted — REALCOMP
• 2026-03-16 Pending — MiRealSource-MiMLS
• 2026-03-16 Pending — REALCOMP
• 2026-03-05 Listed $135,900 REALCOMP
• 2026-03-05 Listed $135,900 MiRealSource-MiMLS
• 2011-12-23 Sold (MLS) $5,000 REALCOMP
• 2011-12-23 Sold (MLS) $5,000 MiRealSource-MiMLS
• 2011-12-21 Listing Removed — MiRealSource-MiMLS
• 2011-09-06 Listed $38,000 REALCOMP
• 2011-09-06 Listed $38,000 MiRealSource-MiMLS
• 2011-05-10 Listing Removed — MiRealSource-MiMLS
• 2011-03-28 Listing Removed — REALCOMP
• 2010-11-10 Listed $25,000 REALCOMP
• 2010-11-10 Listed $25,000 MiRealSource-MiMLS
• 1991-11-20 Sold (Public Records) $19,400 Public Records

Property tax history

-19.6%/yr

Latest (2025): $130 · -50.2% YoY. Source: county tax records.