26807 Kean St · Inkster, 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 98°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 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 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
- 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
🖨 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
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
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.
Questions for the listing agent
- 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?
- Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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
- 1.76% ✓
- 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
- IRR
- 24.9%
- Equity multiple
- 2.03×
- Total profit
- $22,945
- Equity at exit
- $11,913
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-01status $79,900 Pending 45 DOM
-
2026-05-31days on market $79,900 Active 45 DOM
-
2026-05-07price $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.
-
2026-05-06price $79,900
-
2026-04-16$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.
-
2026-04-16$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
- 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
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
- 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 |
|---|---|---|
| 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
-11.1% since first listed4 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%/yrLatest (2025): $1,107 · -23.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…