CashFlowRE
Sign in Sign up
26807 Kean St
B Composite 74.79
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
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Livability +3.4/5.0
  • Rent growth +3.2/5.0
  • Condition / age +2.5/5.0
  • Schools +0.7/10.0
  • Appreciation +0.0/10.0

$79,900

26807 Kean St · Inkster, MI 48141
3 bd · 1.0 ba · 1,026 sqft · SingleFamily public records · 45 Days on market
Built 1969 6,970 sqft lot Est $123k · 35% under ↓ 11% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This Inkster ranch home sits on a prime corner lot, offering over 1,000 square feet of solid potential. The interior features genuine hardwood floors throughout, creating a warm and inviting atmosphere. Equipped with central air and a humidifier, the home ensures year-round comfort. A full basement provides excellent additional space and utility. While the kitchen and plumbing await your modern updates, the home's strong fundamentals and functional layout make it a perfect canvas. Enjoy a well-situated property ready for your personal touch and creative vision.

Key facts

  • Full basement
  • Functional layout
  • Central air

Tags

CORNER LOTHARDWOOD FLOORSCENTRAL AIRFULL BASEMENTFUNCTIONAL LAYOUT

Property features AI

Exterior

  • Parking: No garage
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; One story; Ground-level entry
  • Construction: Aluminum siding
  • Exterior features: Paved road access; Lot dimensions approximately 58.64 x 123.5 feet; Lot size about 0.16 acres

Interior

  • Bathrooms: One full bathroom
  • Heating & cooling: Forced air heating; Natural gas heating; No cooling
  • Interior features: Unfinished basement; Five total rooms

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $80k.

Deal economics

  • At list price, monthly cash flow is $564 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $80k).
  • Recommended offer: $78k (3.0% below list) — sets the bar for market timing.
  • Cap rate 14.8% vs local median 9.8% in Inkster — 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 67/100 on livability (#406 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D, schools F, crime F.
  • Westwood Community School District (suburban): math 6% / reading 11% proficiency, ranked #529 of 540 in MI (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+3.0%/yr); 142 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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).
  • This rent runs 43% of the median local income ($39k/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 $552 of loan paydown is wiped out by about $2k 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 + 3.0% rent growth), your $22k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 45 days — a 3% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $10k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $77,503 (3.0% below list)

Questions for the listing agent

  1. It's been on market 45 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 1969 — 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
1.76%
Cap rate
14.77%
Cash-on-cash
30.27%
DSCR
2.35
GRM
4.7

CMA / ARV

ARV (on-the-fly)
$123,120
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2500 Weithoff Ct 0.22mi 3/1.0 1,050 (+2%) 3mo $125,000 $119 83
26620 Oakland St 0.23mi 3/1.0 1,015 (-1%) 7mo $95,000 $94 82
26323 Kean St 0.27mi 3/1.0 1,080 (+5%) 1mo $130,000 $120 78
26628 Oakland St 0.22mi 3/1.0 921 (-10%) 6mo $111,610 $121 68
26723 W Hills Dr 0.20mi 3/1.5 890 (-13%) 3mo $110,000 $124 64
26280 W Hills Dr 0.41mi 3/1.0 930 (-9%) 6mo $87,000 $94 60
27848 Rosewood St 0.68mi 3/1.0 1,000 (-2%) 7mo $127,000 $127 58
1088 Arlington St 0.66mi 3/1.0 1,076 (+5%) 4mo $137,500 $128 58
26115 Princeton St 0.55mi 3/1.0 1,100 (+7%) 7mo $81,600 $74 56
26825 Kitch St 0.72mi 3/1.0 972 (-5%) 2mo $130,000 $134 56
27018 Kitch St 0.70mi 3/1.0 1,112 (+8%) 7mo $116,000 $104 47
26656 Kitch St 0.70mi 3/1.0 909 (-11%) 6mo $60,000 $66 44

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 · 2.95% rent growth · sell at horizon

5-year hold
IRR
24.9%
Equity multiple
2.03×
Total profit
$22,945
Equity at exit
$11,913
10-year hold
IRR
32.6%
Equity multiple
3.95×
Total profit
$66,044
Equity at exit
$6,908

Cash invested: $22,372 (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.

ZIP-level market 48141

Home prices YoY
-2.9%
Rents YoY
3.0%
Active inventory
142
Price-to-rent
4.7×

Monthly cashflow live

Estimated rent
$1,404 high interval (Pro) →
Mortgage (P&I)
$419
Tax from tax record
$92 /mo · $1,107/yr
Insurance
$33
HOA
$0
Vacancy / Maint / Mgmt
$295
Net cashflow
$564

Break-even live

Break-even rent $689
Max offer price $79,900
Occupancy floor 55%

Sensitivity live

Price -10% $610 -5% $587 +0% $564 +5% $542 +10% $519
Rent -10% $453 -5% $509 +0% $564 +5% $620 +10% $675
Rate -1.0pp $605 -0.5pp $585 base $564 +0.5pp $544 +1.0pp $523

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
$19,975
Closing costs
$2,397
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 25 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
26742 Penn St Inkster, MI 3.0 1.0 1000 $1,300 $1.30 17d 1 0.63mi
26707 Penn St Inkster, MI 3.0 1.0 900 $1,400 $1.56 5d 1 0.66mi
27184 Lucerne Dr Inkster, MI 3.0 1.0 1100 $1,250 $1.14 44d 1 0.67mi
27139 Penn St Inkster, MI 3.0 1.0 832 $675 $0.81 18d 1 0.69mi
25745 Princeton St Dearborn Heights, MI 3.0 1.0 1080 $1,500 $1.39 11d 1 0.73mi
3236 Walnut St Inkster, MI 3.0 1.0 1096 $1,495 $1.36 3d 1 0.94mi
26382 Colgate St Inkster, MI 2.0 1.0 850 $935 $1.10 24d 1 0.98mi
25722 Carlysle St Dearborn Heights, MI 3.0 1.0 1040 $1,450 $1.39 18d 1 1.02mi
1150 Magnolia Dr Inkster, MI 3.0 1.0 900 $1,300 $1.44 24d 1 1.03mi
572 Tobin Dr Inkster, MI 1.0–3.0 1.0–2.0 936 $1,600 $1.71 2d 22 1.04mi
26159 Stanford St Inkster, MI 4.0 1.0 1056 $1,350 $1.28 5d 1 1.16mi
3763 Heritage Pkwy Dearborn, MI 2.0 1.5 1035 $1,450 $1.40 44d 1 1.24mi
167 Cherry Valley Dr Inkster, MI 1.0–2.0 1.0 784 $1,395 $1.78 15d 12 1.25mi
26089 Lehigh St Inkster, MI 2.0 1.0 900 $1,295 $1.44 18d 1 1.25mi
3755 Heritage Pkwy Dearborn, MI 2.0 1.0 830 $1,450 $1.75 44d 1 1.27mi
24720 Michigan Ave Dearborn, MI 2.0 1.0 900 $1,350 $1.50 44d 1 1.28mi
26322 Westphal St Dearborn Heights, MI 1.0–2.0 1.0 762 $1,455 $1.91 2d 24 1.30mi
24738 New York St Dearborn, MI 3.0 1.0 1296 $1,800 $1.39 3d 1 1.31mi
3809 Heritage Pkwy Dearborn, MI 2.0 1.5 1035 $1,400 $1.35 44d 1 1.32mi
238 Yorkshire Blvd Dearborn Heights, MI 1.0–2.0 1.0 741 $1,424 $1.92 2d 9 1.34mi
26274 McDonald St Dearborn Heights, MI 3.0 1.0 1365 $1,575 $1.15 2d 1 1.36mi
4080 Isabelle St Inkster, MI 4.0 1.0 975 $1,150 $1.18 15d 1 1.41mi
4167 Isabelle St Inkster, MI 2.0 1.0 900 $1,295 $1.44 18d 1 1.44mi
4301 Harriet St Unit A-1 Inkster, MI 2.0 1.5 1000 $1,300 $1.30 44d 1 1.44mi
29203 Oakwood St Inkster, MI 3.0 1.5 912 $1,600 $1.75 2d 1 1.46mi

Listing history 6 events

  1. 2026-06-01
    status $79,900 Pending 45 DOM
  2. 2026-05-31
    days on market $79,900 Active 45 DOM
  3. 2026-05-07
    price $79,900 567-char remark
    Show marketing remark (567 chars)

    This Inkster ranch home sits on a prime corner lot, offering over 1,000 square feet of solid potential. The interior features genuine hardwood floors throughout, creating a warm and inviting atmosphere. Equipped with central air and a humidifier, the home ensures year-round comfort. A full basement provides excellent additional space and utility. While the kitchen and plumbing await your modern updates, the home's strong fundamentals and functional layout make it a perfect canvas. Enjoy a well-situated property ready for your personal touch and creative vision.

  4. 2026-05-06
    price $79,900
  5. 2026-04-16
    listed $89,900 Active
    Show marketing remark (567 chars)

    This Inkster ranch home sits on a prime corner lot, offering over 1,000 square feet of solid potential. The interior features genuine hardwood floors throughout, creating a warm and inviting atmosphere. Equipped with central air and a humidifier, the home ensures year-round comfort. A full basement provides excellent additional space and utility. While the kitchen and plumbing await your modern updates, the home's strong fundamentals and functional layout make it a perfect canvas. Enjoy a well-situated property ready for your personal touch and creative vision.

  6. 2026-04-16
    listed $89,900 Active 567-char remark
    Show marketing remark (567 chars)

    This Inkster ranch home sits on a prime corner lot, offering over 1,000 square feet of solid potential. The interior features genuine hardwood floors throughout, creating a warm and inviting atmosphere. Equipped with central air and a humidifier, the home ensures year-round comfort. A full basement provides excellent additional space and utility. While the kitchen and plumbing await your modern updates, the home's strong fundamentals and functional layout make it a perfect canvas. Enjoy a well-situated property ready for your personal touch and creative vision.

ⓘ 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
$1,107 · $92/mo
Projected year-2 tax
$1,169 · $97/mo
Expected delta
+$62/yr (+$5/mo · 5.6%)

ⓘ 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 ≥98°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 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
$16,845
− Mortgage interest
−$4,476
− Property taxes
−$1,107
− Insurance
−$400
− Repairs & maintenance
−$1,348
− Management
−$1,348
− Depreciation
−$2,324
Taxable income
$5,843
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,402
After-tax cash flow
$5,370/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
Westwood Community School District
NCES district ID
2611640
Math proficiency
6% ▼ -6.00%
Reading proficiency
11% ▼ -6.00%
Median HH income
$36,350
Composite
7.06/100
National rank
#9967
State rank
#529 of 540 in MI

Livability — Inkster

Score
67/100
State rank
#406
US rank
#11087

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Inkster, MI
County
Wayne County · 1,562,939 people
City population
25,428
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
25,428
Household income
$39,252
Rent vs Own
53.2% rent · 46.8% own
Severe rent burden
1558.0

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 (72%)
Race & ethnicity
Black 72% White 17% Two or more races 7% Hispanic / Latino 2% Asian 1%
Common ancestry
Romanian 3% Slovak 1% Italian 1%
Foreign-born
5% · Canada, China
Languages at home
92% English-only · Arabic 3% Other Asian/Pacific 1% Spanish 1%

Political lean MEDSL · Wayne

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

Not yet ingested

Civics

Market trends

HPI YoY
▼ -11.74%
Current HPI
390.2139
Rent YoY
▲ 2.95%
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

Price history

-11.1% since first listed
4 events — show timeline
  • 2026-05-07 Price Changed $79,900 MiRealSource-MiMLS
  • 2026-05-06 Price Changed $79,900 REALCOMP
  • 2026-04-16 Listed $89,900 REALCOMP
  • 2026-04-16 Listed $89,900 MiRealSource-MiMLS

Property tax history

-2.5%/yr

Latest (2025): $1,107 · -23.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…