2121 Clawson Ave #205 · Royal Oak, 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 2/10 · Minimal
- 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 4/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Schools +4.4/10.0
- Livability +4.2/5.0
- Rent growth +3.1/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$45,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Discover the perfect balance of modern efficiency and urban convenience in this pristine 1-bedroom, 1-bathroom residence. Bathed in natural light, the open-concept interior features a versatile living area that feels remarkably airy, flowing seamlessly into a kitchen equipped with plentiful cabinetry and functional prep space. The oversized bedroom serves as a quiet retreat, offering generous storage and a crisp, clean aesthetic. Situated within a meticulously maintained, owner-occupied co-op, this home promises a low-maintenance lifestyle where the landscaping and upkeep are handled for you. Located just moments from the vibrant pulse of downtown Royal Oak, you'll have premier dining, eclectic shopping, and local parks right at your doorstep. Whether you're a first-time buyer or looking to downsize into a turn-key space, this property delivers a sophisticated, hassle-free living experience in an unbeatable location.
Key facts
- Oversized bedroom
- Plentiful cabinetry
- Generous storage
Tags
Property features AI
Finance
- Other: Approximately 600 above-grade finished square feet
- HOA & community: Homeowners association with a $350 monthly fee; Pets allowed (contact for details)
Exterior
- Parking: No garage
- Utilities: Public sewer; Other water source
- Home design: Residential stock cooperative; One level; Ground-level entry with steps; Brick exterior
- Construction: Block foundation
- Exterior features: Balcony; Paved road access
Interior
- Kitchen: Free-standing electric range; Free-standing refrigerator; Microwave
- Bedrooms: Total of 3 rooms (includes living areas and bedrooms)
- Bathrooms: 1 full bathroom
- Heating & cooling: Baseboard heating (electric); No central cooling
- Interior features: Free-standing electric range; Free-standing refrigerator; Microwave; Unfinished basement
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $45k.
Deal economics
- At list price, monthly cash flow is $320 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $45k).
- Recommended offer: $44k (3.0% below list) — sets the bar for market timing.
- Cap rate 14.8% vs local median 3.8% in Royal Oak — 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 83/100 on livability (#50 in MI, #1,020 nationally) — a professional / high-income tenant draw. Strengths: crime A+, commute A+, employment A+; Watch: amenities D+.
- Royal Oak Schools (suburban): math 41% / reading 59% proficiency, ranked #89 of 540 in MI (top 16%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 20% free/reduced lunch — higher-income household profile.
- Market conditions: Rents rising (+2.4%/yr); 251 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
- This rent is only 16% of the median local income ($92k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $311 of loan paydown is wiped out by about $1k 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.
- At projected returns (-3.0% appreciation + 2.4% rent growth), your $13k cash investment doubles in ~5 years — after that, you're playing with house money.
Negotiation context
- It's been on market 41 days — a 3% lower offer ($44k) is reasonable based on typical stale-listing flexibility.
- 12 sale attempts since 9y ago; this cycle's ask has dropped $15k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 28% of rent.
Questions for the listing agent
- It's been on market 41 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 2.76% ✓
- Cap rate
- 14.83%
- Cash-on-cash
- 30.50%
- DSCR
- 2.36
- GRM
- 3.0
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 2.36% rent growth · sell at horizon
- IRR
- 24.4%
- Equity multiple
- 2.00×
- Total profit
- $12,543
- Equity at exit
- $6,710
- IRR
- 31.8%
- Equity multiple
- 3.77×
- Total profit
- $34,916
- Equity at exit
- $3,891
Cash invested: $12,600 (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 48073
- Rents YoY
- 2.4%
- Active inventory
- 251
- Price-to-rent
- 3.0×
Monthly cashflow live
- Estimated rent
- $1,242 high interval (Pro) →
- Mortgage (P&I)
- −$236
- Tax est. 1.5%
- −$56 /mo · $675/yr
- Insurance
- −$19
- HOA
- −$350
- Vacancy / Maint / Mgmt
- −$261
- Net cashflow
- $320
Break-even live
Sensitivity live
| Price | -10% $351 | -5% $336 | +0% $320 | +5% $305 | +10% $289 |
|---|---|---|---|---|---|
| Rent | -10% $222 | -5% $271 | +0% $320 | +5% $369 | +10% $418 |
| Rate | -1.0pp $343 | -0.5pp $332 | base $320 | +0.5pp $309 | +1.0pp $297 |
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
- $11,250
- Closing costs
- $1,350
- 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 18 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3295 Coolidge Hwy Unit 1 Berkley, MI | — | 1.0 | 450 | $850 | $1.89 | 44d | 1 | 0.61mi |
| 3220 Shenandoah Dr #12 Royal Oak, MI | 2.0 | 1.0 | 688 | $1,250 | $1.82 | 24d | 1 | 0.72mi |
| 3230 Shenandoah Dr #16 Royal Oak, MI | 1.0 | 1.0 | 560 | $1,180 | $2.11 | 5d | 1 | 0.74mi |
| 2325 13 Mile Rd Royal Oak, MI | 1.0 | 1.0 | 650 | $1,320 | $2.03 | 5d | 2 | 0.75mi |
| 2817 W 13 Mile Rd Royal Oak, MI | 2.0 | 1.0 | 688 | $1,250 | $1.82 | 24d | 1 | 0.79mi |
| 3009 W 13 Mile Rd Royal Oak, MI | 1.0–2.0 | 1.0 | 730 | $1,449 | $1.98 | 3d | 31 | 0.82mi |
| 2580 Oxford Rd Berkley, MI | 1.0 | 1.0 | 600 | $1,270 | $2.12 | 5d | 3 | 1.05mi |
| 3807 Crooks Rd Royal Oak, MI | 2.0 | 1.0 | 549 | $1,007 | $1.83 | 2d | 8 | 1.15mi |
| 3830 Devon Rd Unit 3830-04 Royal Oak, MI | 1.0 | 1.0 | 525 | $1,195 | $2.28 | 24d | 1 | 1.20mi |
| 2131 Normandy Rd Royal Oak, MI | 1.0 | 1.0 | 600 | $1,200 | $2.00 | 13d | 1 | 1.28mi |
| 4031 Crooks Rd Unit 4006 Royal Oak, MI | 1.0 | 1.0 | 525 | $1,095 | $2.09 | 24d | 1 | 1.29mi |
| 4031 Crooks Rd Unit 4004 Royal Oak, MI | 1.0 | 1.0 | 525 | $1,095 | $2.09 | 21d | 1 | 1.29mi |
| 3382 Harvard Rd Royal Oak, MI | 1.0 | 1.0 | 460 | $1,150 | $2.50 | 3d | 6 | 1.36mi |
| 4030 W 13 Mile Rd Unit J2 Royal Oak, MI | 2.0 | 1.0 | 724 | $1,450 | $2.00 | 18d | 1 | 1.44mi |
| 4030 W 13 Mile Rd Unit J2 Royal Oak, MI | 2.0 | 1.0 | 724 | $1,450 | $2.00 | 20d | 1 | 1.44mi |
| 4030 W 13 Mile Rd Unit J2 Royal Oak, MI | 2.0 | 1.0 | 724 | $1,600 | $2.21 | 24d | 1 | 1.44mi |
| 1903 N Main St Unit 1921-D5 Royal Oak, MI | — | 1.0 | 500 | $1,095 | $2.19 | 24d | 1 | 1.46mi |
| 4314 Albert Ave Royal Oak, MI | 1.0 | 1.0 | 650 | $960 | $1.48 | 24d | 1 | 1.50mi |
HOA detail condo
- Monthly dues
- $350 · $4,200/yr
- Likely covers
- landscaping
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 40 events
-
2026-05-06status Pending 930-char remark
Show marketing remark (930 chars)
Discover the perfect balance of modern efficiency and urban convenience in this pristine 1-bedroom, 1-bathroom residence. Bathed in natural light, the open-concept interior features a versatile living area that feels remarkably airy, flowing seamlessly into a kitchen equipped with plentiful cabinetry and functional prep space. The oversized bedroom serves as a quiet retreat, offering generous storage and a crisp, clean aesthetic. Situated within a meticulously maintained, owner-occupied co-op, this home promises a low-maintenance lifestyle where the landscaping and upkeep are handled for you. Located just moments from the vibrant pulse of downtown Royal Oak, you'll have premier dining, eclectic shopping, and local parks right at your doorstep. Whether you're a first-time buyer or looking to downsize into a turn-key space, this property delivers a sophisticated, hassle-free living experience in an unbeatable location.
-
2026-05-06status Pending
Show marketing remark (930 chars)
Discover the perfect balance of modern efficiency and urban convenience in this pristine 1-bedroom, 1-bathroom residence. Bathed in natural light, the open-concept interior features a versatile living area that feels remarkably airy, flowing seamlessly into a kitchen equipped with plentiful cabinetry and functional prep space. The oversized bedroom serves as a quiet retreat, offering generous storage and a crisp, clean aesthetic. Situated within a meticulously maintained, owner-occupied co-op, this home promises a low-maintenance lifestyle where the landscaping and upkeep are handled for you. Located just moments from the vibrant pulse of downtown Royal Oak, you'll have premier dining, eclectic shopping, and local parks right at your doorstep. Whether you're a first-time buyer or looking to downsize into a turn-key space, this property delivers a sophisticated, hassle-free living experience in an unbeatable location.
-
2026-04-27status Active 930-char remark
Show marketing remark (930 chars)
Discover the perfect balance of modern efficiency and urban convenience in this pristine 1-bedroom, 1-bathroom residence. Bathed in natural light, the open-concept interior features a versatile living area that feels remarkably airy, flowing seamlessly into a kitchen equipped with plentiful cabinetry and functional prep space. The oversized bedroom serves as a quiet retreat, offering generous storage and a crisp, clean aesthetic. Situated within a meticulously maintained, owner-occupied co-op, this home promises a low-maintenance lifestyle where the landscaping and upkeep are handled for you. Located just moments from the vibrant pulse of downtown Royal Oak, you'll have premier dining, eclectic shopping, and local parks right at your doorstep. Whether you're a first-time buyer or looking to downsize into a turn-key space, this property delivers a sophisticated, hassle-free living experience in an unbeatable location.
-
2026-04-27status Active
Show marketing remark (930 chars)
Discover the perfect balance of modern efficiency and urban convenience in this pristine 1-bedroom, 1-bathroom residence. Bathed in natural light, the open-concept interior features a versatile living area that feels remarkably airy, flowing seamlessly into a kitchen equipped with plentiful cabinetry and functional prep space. The oversized bedroom serves as a quiet retreat, offering generous storage and a crisp, clean aesthetic. Situated within a meticulously maintained, owner-occupied co-op, this home promises a low-maintenance lifestyle where the landscaping and upkeep are handled for you. Located just moments from the vibrant pulse of downtown Royal Oak, you'll have premier dining, eclectic shopping, and local parks right at your doorstep. Whether you're a first-time buyer or looking to downsize into a turn-key space, this property delivers a sophisticated, hassle-free living experience in an unbeatable location.
-
2026-04-20status Pending 930-char remark
Show marketing remark (930 chars)
Discover the perfect balance of modern efficiency and urban convenience in this pristine 1-bedroom, 1-bathroom residence. Bathed in natural light, the open-concept interior features a versatile living area that feels remarkably airy, flowing seamlessly into a kitchen equipped with plentiful cabinetry and functional prep space. The oversized bedroom serves as a quiet retreat, offering generous storage and a crisp, clean aesthetic. Situated within a meticulously maintained, owner-occupied co-op, this home promises a low-maintenance lifestyle where the landscaping and upkeep are handled for you. Located just moments from the vibrant pulse of downtown Royal Oak, you'll have premier dining, eclectic shopping, and local parks right at your doorstep. Whether you're a first-time buyer or looking to downsize into a turn-key space, this property delivers a sophisticated, hassle-free living experience in an unbeatable location.
-
2026-04-20status Pending
Show marketing remark (930 chars)
Discover the perfect balance of modern efficiency and urban convenience in this pristine 1-bedroom, 1-bathroom residence. Bathed in natural light, the open-concept interior features a versatile living area that feels remarkably airy, flowing seamlessly into a kitchen equipped with plentiful cabinetry and functional prep space. The oversized bedroom serves as a quiet retreat, offering generous storage and a crisp, clean aesthetic. Situated within a meticulously maintained, owner-occupied co-op, this home promises a low-maintenance lifestyle where the landscaping and upkeep are handled for you. Located just moments from the vibrant pulse of downtown Royal Oak, you'll have premier dining, eclectic shopping, and local parks right at your doorstep. Whether you're a first-time buyer or looking to downsize into a turn-key space, this property delivers a sophisticated, hassle-free living experience in an unbeatable location.
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2026-04-14price $45,000 930-char remark
Show marketing remark (930 chars)
Discover the perfect balance of modern efficiency and urban convenience in this pristine 1-bedroom, 1-bathroom residence. Bathed in natural light, the open-concept interior features a versatile living area that feels remarkably airy, flowing seamlessly into a kitchen equipped with plentiful cabinetry and functional prep space. The oversized bedroom serves as a quiet retreat, offering generous storage and a crisp, clean aesthetic. Situated within a meticulously maintained, owner-occupied co-op, this home promises a low-maintenance lifestyle where the landscaping and upkeep are handled for you. Located just moments from the vibrant pulse of downtown Royal Oak, you'll have premier dining, eclectic shopping, and local parks right at your doorstep. Whether you're a first-time buyer or looking to downsize into a turn-key space, this property delivers a sophisticated, hassle-free living experience in an unbeatable location.
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2026-04-13price $45,000
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2026-03-20price $55,000 930-char remark
Show marketing remark (930 chars)
Discover the perfect balance of modern efficiency and urban convenience in this pristine 1-bedroom, 1-bathroom residence. Bathed in natural light, the open-concept interior features a versatile living area that feels remarkably airy, flowing seamlessly into a kitchen equipped with plentiful cabinetry and functional prep space. The oversized bedroom serves as a quiet retreat, offering generous storage and a crisp, clean aesthetic. Situated within a meticulously maintained, owner-occupied co-op, this home promises a low-maintenance lifestyle where the landscaping and upkeep are handled for you. Located just moments from the vibrant pulse of downtown Royal Oak, you'll have premier dining, eclectic shopping, and local parks right at your doorstep. Whether you're a first-time buyer or looking to downsize into a turn-key space, this property delivers a sophisticated, hassle-free living experience in an unbeatable location.
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2026-03-19price $55,000
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2026-03-19historical
-
2026-03-19historical
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2026-02-10$60,000 Active
Show marketing remark (930 chars)
Discover the perfect balance of modern efficiency and urban convenience in this pristine 1-bedroom, 1-bathroom residence. Bathed in natural light, the open-concept interior features a versatile living area that feels remarkably airy, flowing seamlessly into a kitchen equipped with plentiful cabinetry and functional prep space. The oversized bedroom serves as a quiet retreat, offering generous storage and a crisp, clean aesthetic. Situated within a meticulously maintained, owner-occupied co-op, this home promises a low-maintenance lifestyle where the landscaping and upkeep are handled for you. Located just moments from the vibrant pulse of downtown Royal Oak, you'll have premier dining, eclectic shopping, and local parks right at your doorstep. Whether you're a first-time buyer or looking to downsize into a turn-key space, this property delivers a sophisticated, hassle-free living experience in an unbeatable location.
-
2026-02-10$60,000 Active 930-char remark
Show marketing remark (930 chars)
Discover the perfect balance of modern efficiency and urban convenience in this pristine 1-bedroom, 1-bathroom residence. Bathed in natural light, the open-concept interior features a versatile living area that feels remarkably airy, flowing seamlessly into a kitchen equipped with plentiful cabinetry and functional prep space. The oversized bedroom serves as a quiet retreat, offering generous storage and a crisp, clean aesthetic. Situated within a meticulously maintained, owner-occupied co-op, this home promises a low-maintenance lifestyle where the landscaping and upkeep are handled for you. Located just moments from the vibrant pulse of downtown Royal Oak, you'll have premier dining, eclectic shopping, and local parks right at your doorstep. Whether you're a first-time buyer or looking to downsize into a turn-key space, this property delivers a sophisticated, hassle-free living experience in an unbeatable location.
-
2026-02-10$60,000 Active
Show marketing remark (930 chars)
Discover the perfect balance of modern efficiency and urban convenience in this pristine 1-bedroom, 1-bathroom residence. Bathed in natural light, the open-concept interior features a versatile living area that feels remarkably airy, flowing seamlessly into a kitchen equipped with plentiful cabinetry and functional prep space. The oversized bedroom serves as a quiet retreat, offering generous storage and a crisp, clean aesthetic. Situated within a meticulously maintained, owner-occupied co-op, this home promises a low-maintenance lifestyle where the landscaping and upkeep are handled for you. Located just moments from the vibrant pulse of downtown Royal Oak, you'll have premier dining, eclectic shopping, and local parks right at your doorstep. Whether you're a first-time buyer or looking to downsize into a turn-key space, this property delivers a sophisticated, hassle-free living experience in an unbeatable location.
-
2026-02-10$60,000 Active
Show marketing remark (930 chars)
Discover the perfect balance of modern efficiency and urban convenience in this pristine 1-bedroom, 1-bathroom residence. Bathed in natural light, the open-concept interior features a versatile living area that feels remarkably airy, flowing seamlessly into a kitchen equipped with plentiful cabinetry and functional prep space. The oversized bedroom serves as a quiet retreat, offering generous storage and a crisp, clean aesthetic. Situated within a meticulously maintained, owner-occupied co-op, this home promises a low-maintenance lifestyle where the landscaping and upkeep are handled for you. Located just moments from the vibrant pulse of downtown Royal Oak, you'll have premier dining, eclectic shopping, and local parks right at your doorstep. Whether you're a first-time buyer or looking to downsize into a turn-key space, this property delivers a sophisticated, hassle-free living experience in an unbeatable location.
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2026-02-01historical
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2026-01-31historical
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2026-01-25price $55,000
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2026-01-24price $55,000
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2026-01-24price $55,000
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2025-12-04price $60,000
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2025-12-04price $60,000
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2025-12-04price $60,000
-
2025-10-20$68,000 Active
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2025-10-19$68,000 Active
-
2023-12-04soldstatus $55,000 Sold
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2023-12-04soldstatus $55,000 Closed
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2023-11-17status Pending
-
2023-11-17status Pending
-
2023-11-11$52,000 Active
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2023-11-11$52,000 Active
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2023-11-09historical $52,000
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2023-11-08historical $52,000
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2017-08-15soldstatus $40,000 Sold
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2017-08-15soldstatus $40,000 Closed
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2017-07-19status Pending
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2017-07-19status Pending
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2017-07-12$42,000 Active
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2017-07-12$42,000 Active
ⓘ 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 2/10 Low 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 4/10 Moderate 3 unhealthy d/yr today · 6 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $14,905
- − Mortgage interest
- −$2,521
- − Property taxes
- −$675
- − Insurance
- −$225
- − Repairs & maintenance
- −$1,192
- − Management
- −$1,192
- − HOA
- −$4,200
- − Depreciation
- −$1,309
- Taxable income
- $3,590
- Est. tax owed @ 24.0%
- −$862
- After-tax cash flow
- $2,981/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
- Royal Oak Schools
- NCES district ID
- 2630300
- Math proficiency
- 41% ▼ -10.00%
- Reading proficiency
- 59% ▼ -3.00%
- Median HH income
- $65,456
- Composite
- 44.19/100
- National rank
- #2853
- State rank
- #89 of 540 in MI
Livability — Royal Oak
- Score
- 83/100
- State rank
- #50
- US rank
- #1020
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Royal Oak, MI
- County
- Oakland County · 1,009,092 people
- City population
- 57,974
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 33,106
- Household income
- $91,627
- Rent vs Own
- Severe rent burden
- 718.0
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 (80%)
- Race & ethnicity
- White 80% Black 8% Two or more races 6% Asian 4% Hispanic / Latino 3%
- Common ancestry
- Romanian 13% Lithuanian 4% Slovak 3%
- Foreign-born
- 7% · Canada, China
- Languages at home
- 94% English-only · Spanish 1% Chinese 1% Other Indo-European 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
- ▼ -479.60%
- Current HPI
- 215.8425
- Rent YoY
- ▲ 2.36%
- 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 |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
+7.1% since first listed40 events — show timeline
- 2026-05-06 Pending — MiRealSource-MiMLS
- 2026-05-06 Pending — REALCOMP
- 2026-04-27 Relisted — MiRealSource-MiMLS
- 2026-04-27 Relisted — REALCOMP
- 2026-04-20 Pending — MiRealSource-MiMLS
- 2026-04-20 Pending — REALCOMP
- 2026-04-14 Price Changed $45,000 MiRealSource-MiMLS
- 2026-04-13 Price Changed $45,000 REALCOMP
- 2026-03-20 Price Changed $55,000 MiRealSource-MiMLS
- 2026-03-19 Price Changed $55,000 REALCOMP
- 2026-03-19 Listing Removed — MiRealSource-MiMLS
- 2026-03-19 Listing Removed — REALCOMP
- 2026-02-10 Listed $60,000 REALCOMP
- 2026-02-10 Listed $60,000 MiRealSource-MiMLS
- 2026-02-10 Listed $60,000 REALCOMP
- 2026-02-10 Listed $60,000 MiRealSource-MiMLS
- 2026-02-01 Listing Removed — MiRealSource-MiMLS
- 2026-01-31 Listing Removed — REALCOMP
- 2026-01-25 Price Changed $55,000 MiRealSource-MiMLS
- 2026-01-24 Price Changed $55,000 REALCOMP
- 2026-01-24 Price Changed $55,000 SW Michigan MLS
- 2025-12-04 Price Changed $60,000 MiRealSource-MiMLS
- 2025-12-04 Price Changed $60,000 REALCOMP
- 2025-12-04 Price Changed $60,000 SW Michigan MLS
- 2025-10-20 Listed $68,000 REALCOMP
- 2025-10-19 Listed $68,000 MiRealSource-MiMLS
- 2023-12-04 Sold (MLS) $55,000 MiRealSource-MiMLS
- 2023-12-04 Sold (MLS) $55,000 REALCOMP
- 2023-11-17 Pending — MiRealSource-MiMLS
- 2023-11-17 Pending — REALCOMP
- 2023-11-11 Listed $52,000 MiRealSource-MiMLS
- 2023-11-11 Listed $52,000 REALCOMP
- 2023-11-09 Coming Soon $52,000 MiRealSource-MiMLS
- 2023-11-08 Coming Soon $52,000 REALCOMP
- 2017-08-15 Sold (MLS) $40,000 MiRealSource-MiMLS
- 2017-08-15 Sold (MLS) $40,000 REALCOMP
- 2017-07-19 Pending — MiRealSource-MiMLS
- 2017-07-19 Pending — REALCOMP
- 2017-07-12 Listed $42,000 MiRealSource-MiMLS
- 2017-07-12 Listed $42,000 REALCOMP
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…