14024 Pembroke Ave · Detroit, 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 3/10 · Minor
- Unhealthy air days now
- 2 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 +19.6/30.0
- ARV discount +15.0/15.0
- 1% rule +6.6/10.0
- DSCR +6.2/10.0
- Livability +3.7/5.0
- Rent growth +3.3/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$119,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
* * BACK ON THE MARKET * * * Charming 3 bedroom 1 bath ranch home featuring convenient one-level living with no steps-perfect for first-time homebuyers or those looking to downsize. this home offers a functional layout with a full bathroom and comfortable living spaces. Low-maintenance exterior and easy accessibility make this an ideal option for seniors or anyone seeking simplicity and convenience. A great opportunity to own a solid home at an affordable price. Seller financing available. Great buy and hold for investors BRRR. BATVAIM
Key facts
- One-level living
- Functional layout
- Easy accessibility
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $120k.
Deal economics
- At list price, monthly cash flow is $138 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $120k).
- Recommended offer: $116k (3.0% below list) — sets the bar for market timing.
- Cap rate 7.7% vs local median 10.2% in Detroit — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
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 (+3.2%/yr); 283 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 $829 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.
Negotiation context
- It's been on market 59 days — a 3% lower offer ($116k) is reasonable based on typical stale-listing flexibility.
- 23 sale attempts since 22y 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 $52k; list at $120k implies a 128% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: property tax is 2.8% of price; built in 1951 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 59 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- 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
- 1.16% ✓
- Cap rate
- 7.67%
- Cash-on-cash
- 4.93%
- DSCR
- 1.22
- GRM
- 7.2
CMA / ARV
- ARV (median comp)
- $149,630
- List price
- $119,900
- Delta
- -19.87%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 20101 Strathmoor St | 0.29mi | 3/1.0 | 1,102 (+1%) | 5mo | $73,000 | $66 | 80 |
| 20120 Hartwell St | 0.33mi | 3/1.0 | 1,080 (-1%) | 6mo | $62,000 | $57 | 79 |
| 20025 Hubbell St | 0.31mi | 3/1.0 | 1,022 (-6%) | 1mo | $59,500 | $58 | 75 |
| 20522 Ardmore St | 0.43mi | 3/1.5 | 1,133 (+4%) | 1mo | $1,400 | $1 | 70 |
| 20496 Mark Twain St | 0.43mi | 3/1.5 | 1,024 (-6%) | 2mo | $135,000 | $132 | 67 |
| 19484 Schaefer Hwy | 0.29mi | 2/1.0 (-1) | 1,000 (-8%) | 2mo | $50,000 | $50 | 67 |
| 20108 Cheyenne St | 0.48mi | 3/1.0 | 1,014 (-7%) | 5mo | $160,000 | $158 | 62 |
| 20115 Ward St | 0.51mi | 3/1.0 | 1,000 (-8%) | 4mo | $160,000 | $160 | 59 |
| 19412 Sussex St | 0.63mi | 3/1.0 | 1,170 (+8%) | 2mo | $93,000 | $79 | 57 |
| 20466 Stansbury St | 0.38mi | 3/1.5 | 1,243 (+14%) | 1mo | $67,000 | $54 | 56 |
| 19719 Ward St | 0.50mi | 2/1.5 (-1) | 1,160 (+7%) | 5mo | $120,000 | $103 | 54 |
| 20242 Ward St | 0.58mi | 3/1.0 | 982 (-10%) | 4mo | $80,000 | $81 | 53 |
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 · 3.25% rent growth · sell at horizon
- IRR
- -8.2%
- Equity multiple
- 0.70×
- Total profit
- $-10,184
- Equity at exit
- $17,877
- IRR
- 1.8%
- Equity multiple
- 1.13×
- Total profit
- $4,315
- Equity at exit
- $10,367
Cash invested: $33,572 (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 48235
- Rents YoY
- 3.2%
- Active inventory
- 283
- Price-to-rent
- 7.2×
Monthly cashflow live
- Estimated rent
- $1,391 high interval (Pro) →
- Mortgage (P&I)
- −$629
- Tax from tax record
- −$282 /mo · $3,384/yr
- Insurance
- −$50
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$292
- Net cashflow
- $138
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
- $29,975
- Closing costs
- $3,597
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 20042 Freeland St Detroit, MI | 3.0 | 1.5 | 1445 | $1,400 | $0.97 | 16d | 1 | 0.17mi |
| 19474 Schaefer Hwy Detroit, MI | 2.0 | 1.0 | 896 | $1,075 | $1.20 | 5d | 1 | 0.28mi |
| 20426 Tracey St Detroit, MI | 3.0 | 1.0 | 1200 | $1,200 | $1.00 | 24d | 1 | 0.40mi |
| 18964 Coyle St Detroit, MI | 3.0 | 1.0 | 1300 | $1,350 | $1.04 | 2d | 1 | 0.76mi |
| 18512 Schaefer Hwy Detroit, MI | 2.0 | 1.0 | 962 | $1,200 | $1.25 | 24d | 1 | 0.78mi |
| 20122 Manor St Detroit, MI | 3.0 | 1.0 | 1028 | $1,200 | $1.17 | 43d | 1 | 0.81mi |
| 19929 Monte Vista St Detroit, MI | 3.0 | 1.0 | 860 | $1,450 | $1.69 | 17d | 1 | 0.82mi |
| 20245 Manor Detroit, MI | 3.0 | 1.0 | 1018 | $1,400 | $1.38 | 2d | 1 | 0.82mi |
| 20032 Monte Vista St Detroit, MI | 3.0 | 1.0 | 1000 | $1,294 | $1.29 | 20d | 1 | 0.85mi |
| 20429 Monte Vista St Detroit, MI | 3.0 | 1.0 | 872 | $1,300 | $1.49 | 17d | 1 | 0.89mi |
| 18257 Mark Twain St Detroit, MI | 3.0 | 1.0 | 1185 | $1,507 | $1.27 | 16d | 1 | 0.94mi |
| 18675 Meyers Rd Unit 18677 Detroit, MI | 2.0 | 1.0 | 942 | $1,100 | $1.17 | 43d | 1 | 0.96mi |
| 20555 Motor Dr Detroit, MI | 1.0–2.0 | 1.0 | 750 | $1,222 | $1.63 | 15d | 5 | 1.03mi |
| 19440 Rutherford St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 24d | 1 | 1.06mi |
| 18481 Prest St Detroit, MI | 3.0 | 1.5 | 1100 | $1,300 | $1.18 | 19d | 1 | 1.08mi |
| 19467 Rutherford St Detroit, MI | 3.0 | 1.0 | 1002 | $1,200 | $1.20 | 16d | 1 | 1.08mi |
| 18010 Lesure St Detroit, MI | 3.0 | 1.0 | 1010 | $1,550 | $1.53 | 24d | 1 | 1.10mi |
| 19503 Mansfield St Detroit, MI | 3.0 | 1.0 | 1200 | $1,350 | $1.12 | 16d | 1 | 1.13mi |
| 20460 Griggs St Detroit, MI | 2.0 | 1.0 | 910 | $1,100 | $1.21 | 17d | 1 | 1.13mi |
| 18675 Forrer St Detroit, MI | 3.0 | 1.0 | 1200 | $1,225 | $1.02 | 5d | 1 | 1.15mi |
| 18427 Greenfield Rd Detroit, MI | 2.0 | 1.0 | 952 | $980 | $1.03 | 5d | 1 | 1.16mi |
| 20515 Ilene St Detroit, MI | 3.0 | 1.0 | 891 | $1,450 | $1.63 | 43d | 1 | 1.18mi |
| 21800 Coolidge Hwy Oak Park, MI | 1.0–2.0 | 1.0 | 938 | $1,300 | $1.39 | 24d | 3 | 1.19mi |
| 21850 Coolidge Hwy #203 Oak Park, MI | 3.0 | 2.0 | 1100 | $1,700 | $1.55 | 5d | 1 | 1.22mi |
| 21880 Coolidge Hwy #203 Oak Park, MI | 2.0 | 1.0 | 938 | $1,300 | $1.39 | 24d | 1 | 1.22mi |
| 20445 Kentucky St Detroit, MI | 3.0 | 1.0 | 1046 | $1,200 | $1.15 | 24d | 1 | 1.31mi |
| 20185 Indiana St Detroit, MI | 2.0 | 1.5 | 1096 | $1,275 | $1.16 | 43d | 1 | 1.34mi |
| 18400 Rutherford St Detroit, MI | 3.0 | 1.0 | 1050 | $1,400 | $1.33 | 3d | 1 | 1.35mi |
| 20009 Wisconsin St Detroit, MI | 3.0 | 1.5 | 1051 | $1,400 | $1.33 | 17d | 1 | 1.37mi |
| 20458 Indiana St Detroit, MI | 3.0 | 1.0 | 1049 | $1,300 | $1.24 | 17d | 1 | 1.40mi |
| 22108 Dante St Oak Park, MI | 2.0 | 1.0 | 898 | $1,250 | $1.39 | 24d | 1 | 1.40mi |
| 20210 Biltmore St Detroit, MI | 3.0 | 1.0 | 1033 | $1,350 | $1.31 | 24d | 1 | 1.41mi |
| 18268 Mansfield St Detroit, MI | 2.0 | 1.0 | 800 | $1,200 | $1.50 | 16d | 1 | 1.43mi |
| 18935 Indiana St Detroit, MI | 3.0 | 1.0 | 1248 | $1,523 | $1.22 | 5d | 1 | 1.44mi |
| 22148 Dante St #211 Oak Park, MI | 2.0 | 2.0 | 916 | $1,475 | $1.61 | 18d | 1 | 1.45mi |
| 22148 Dante St #211 Oak Park, MI | 2.0 | 1.0 | 916 | $1,475 | $1.61 | 24d | 1 | 1.45mi |
| 22148 Dante St #212 Oak Park, MI | 2.0 | 2.0 | 916 | $1,475 | $1.61 | 21d | 1 | 1.45mi |
| 22108 Dante St #115 Oak Park, MI | 2.0 | 2.0 | 898 | $1,250 | $1.39 | 24d | 1 | 1.47mi |
| 14051 W Nine Mile Rd Oak Park, MI | 2.0 | 1.0 | 900 | $1,100 | $1.22 | 24d | 1 | 1.48mi |
| 21374 Ithaca Ave Ferndale, MI | 3.0 | 1.0 | 996 | $1,775 | $1.78 | 24d | 1 | 1.48mi |
Listing history 50 events
-
2026-06-18days on market $119,900 Active 59 DOM
-
2026-06-17days on market $119,900 Active 58 DOM
-
2026-06-15days on market $119,900 Active 56 DOM
-
2026-06-13days on market $119,900 Active 54 DOM
-
2026-06-13days on market $119,900 Active 53 DOM
-
2026-06-09days on market $119,900 Active 50 DOM
-
2026-06-08days on market $119,900 Active 49 DOM
-
2026-06-07days on market $119,900 Active 48 DOM
-
2026-06-04days on market $119,900 Active 45 DOM
-
2026-06-03days on market $119,900 Active 44 DOM
-
2026-06-02days on market $119,900 Active 43 DOM
-
2026-06-01days on market $119,900 Active 42 DOM
-
2026-05-31days on market $119,900 Active 41 DOM
-
2026-05-19price $124,000 544-char remark
Show marketing remark (544 chars)
* * BACK ON THE MARKET * * * Charming 3 bedroom 1 bath ranch home featuring convenient one-level living with no steps-perfect for first-time homebuyers or those looking to downsize. this home offers a functional layout with a full bathroom and comfortable living spaces. Low-maintenance exterior and easy accessibility make this an ideal option for seniors or anyone seeking simplicity and convenience. A great opportunity to own a solid home at an affordable price. Seller financing available. Great buy and hold for investors BRRR. BATVAIM
-
2026-05-19status Active 544-char remark
Show marketing remark (544 chars)
* * BACK ON THE MARKET * * * Charming 3 bedroom 1 bath ranch home featuring convenient one-level living with no steps-perfect for first-time homebuyers or those looking to downsize. this home offers a functional layout with a full bathroom and comfortable living spaces. Low-maintenance exterior and easy accessibility make this an ideal option for seniors or anyone seeking simplicity and convenience. A great opportunity to own a solid home at an affordable price. Seller financing available. Great buy and hold for investors BRRR. BATVAIM
-
2026-05-19price $124,000 544-char remark
Show marketing remark (544 chars)
* * BACK ON THE MARKET * * * Charming 3 bedroom 1 bath ranch home featuring convenient one-level living with no steps-perfect for first-time homebuyers or those looking to downsize. this home offers a functional layout with a full bathroom and comfortable living spaces. Low-maintenance exterior and easy accessibility make this an ideal option for seniors or anyone seeking simplicity and convenience. A great opportunity to own a solid home at an affordable price. Seller financing available. Great buy and hold for investors BRRR. BATVAIM
-
2026-05-19status Active 544-char remark
Show marketing remark (544 chars)
* * BACK ON THE MARKET * * * Charming 3 bedroom 1 bath ranch home featuring convenient one-level living with no steps-perfect for first-time homebuyers or those looking to downsize. this home offers a functional layout with a full bathroom and comfortable living spaces. Low-maintenance exterior and easy accessibility make this an ideal option for seniors or anyone seeking simplicity and convenience. A great opportunity to own a solid home at an affordable price. Seller financing available. Great buy and hold for investors BRRR. BATVAIM
-
2026-05-06status Pending 544-char remark
Show marketing remark (544 chars)
* * BACK ON THE MARKET * * * Charming 3 bedroom 1 bath ranch home featuring convenient one-level living with no steps-perfect for first-time homebuyers or those looking to downsize. this home offers a functional layout with a full bathroom and comfortable living spaces. Low-maintenance exterior and easy accessibility make this an ideal option for seniors or anyone seeking simplicity and convenience. A great opportunity to own a solid home at an affordable price. Seller financing available. Great buy and hold for investors BRRR. BATVAIM
-
2026-05-06status Pending 544-char remark
Show marketing remark (544 chars)
* * BACK ON THE MARKET * * * Charming 3 bedroom 1 bath ranch home featuring convenient one-level living with no steps-perfect for first-time homebuyers or those looking to downsize. this home offers a functional layout with a full bathroom and comfortable living spaces. Low-maintenance exterior and easy accessibility make this an ideal option for seniors or anyone seeking simplicity and convenience. A great opportunity to own a solid home at an affordable price. Seller financing available. Great buy and hold for investors BRRR. BATVAIM
-
2026-04-15price $124,900 544-char remark
Show marketing remark (544 chars)
* * BACK ON THE MARKET * * * Charming 3 bedroom 1 bath ranch home featuring convenient one-level living with no steps-perfect for first-time homebuyers or those looking to downsize. this home offers a functional layout with a full bathroom and comfortable living spaces. Low-maintenance exterior and easy accessibility make this an ideal option for seniors or anyone seeking simplicity and convenience. A great opportunity to own a solid home at an affordable price. Seller financing available. Great buy and hold for investors BRRR. BATVAIM
-
2026-04-15price $124,900 544-char remark
Show marketing remark (544 chars)
* * BACK ON THE MARKET * * * Charming 3 bedroom 1 bath ranch home featuring convenient one-level living with no steps-perfect for first-time homebuyers or those looking to downsize. this home offers a functional layout with a full bathroom and comfortable living spaces. Low-maintenance exterior and easy accessibility make this an ideal option for seniors or anyone seeking simplicity and convenience. A great opportunity to own a solid home at an affordable price. Seller financing available. Great buy and hold for investors BRRR. BATVAIM
-
2026-04-09$125,000 Active 544-char remark
Show marketing remark (544 chars)
* * BACK ON THE MARKET * * * Charming 3 bedroom 1 bath ranch home featuring convenient one-level living with no steps-perfect for first-time homebuyers or those looking to downsize. this home offers a functional layout with a full bathroom and comfortable living spaces. Low-maintenance exterior and easy accessibility make this an ideal option for seniors or anyone seeking simplicity and convenience. A great opportunity to own a solid home at an affordable price. Seller financing available. Great buy and hold for investors BRRR. BATVAIM
-
2026-04-08$125,000 Active 544-char remark
Show marketing remark (544 chars)
* * BACK ON THE MARKET * * * Charming 3 bedroom 1 bath ranch home featuring convenient one-level living with no steps-perfect for first-time homebuyers or those looking to downsize. this home offers a functional layout with a full bathroom and comfortable living spaces. Low-maintenance exterior and easy accessibility make this an ideal option for seniors or anyone seeking simplicity and convenience. A great opportunity to own a solid home at an affordable price. Seller financing available. Great buy and hold for investors BRRR. BATVAIM
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2026-01-01historical
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2026-01-01historical
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2025-09-19price $117,500
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2025-09-19price $117,500
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2025-09-06price $120,000
-
2025-09-06price $120,000
-
2025-08-31$124,900 Active
-
2025-08-31$124,900 Active
-
2025-07-01historical
-
2025-07-01historical
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2025-05-17$125,000 Active
-
2025-05-17$125,000 Active
-
2025-04-21historical
-
2025-04-21historical
-
2025-04-17status Active
-
2025-04-17historical
-
2025-03-13price $149,900
-
2025-03-12price $149,900
-
2025-02-11price $153,900
-
2025-02-11price $153,900
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2025-01-22price $154,900
-
2025-01-12$159,900 Active
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2024-12-26$154,900 Active
-
2024-05-20soldstatus $52,500
-
2017-03-16historical
-
2017-03-15historical
-
2017-03-13status Active
ⓘ 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
- $3,384 · $282/mo
- Projected year-2 tax
- $3,384 · $282/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 ≥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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,690
- − Mortgage interest
- −$6,716
- − Property taxes
- −$3,384
- − Insurance
- −$600
- − Repairs & maintenance
- −$1,335
- − Management
- −$1,335
- − Depreciation
- −$3,488
- Taxable loss
- −$168
- Est. tax savings @ 24.0%
- +$40
- After-tax cash flow
- $1,697/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
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)
- 45,600
- Household income
- $39,265
- Rent vs Own
- Severe rent burden
- 3064.0
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 (94%)
- Race & ethnicity
- Black 94% White 3% Two or more races 2% Hispanic / Latino 1%
- Foreign-born
- 1% · Canada
- Languages at home
- 98% English-only · 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
- ▼ -153.02%
- Current HPI
- 263.6326
- Rent YoY
- ▲ 3.25%
- 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
+15.9% since first listed63 events — show timeline
- 2026-05-19 Price Changed $124,000 MiRealSource-MiMLS
- 2026-05-19 Relisted — MiRealSource-MiMLS
- 2026-05-19 Price Changed $124,000 REALCOMP
- 2026-05-19 Relisted — REALCOMP
- 2026-05-06 Pending — MiRealSource-MiMLS
- 2026-05-06 Pending — REALCOMP
- 2026-04-15 Price Changed $124,900 MiRealSource-MiMLS
- 2026-04-15 Price Changed $124,900 REALCOMP
- 2026-04-09 Listed $125,000 REALCOMP
- 2026-04-08 Listed $125,000 MiRealSource-MiMLS
- 2026-01-01 Listing Removed — REALCOMP
- 2026-01-01 Listing Removed — MiRealSource-MiMLS
- 2025-09-19 Price Changed $117,500 MiRealSource-MiMLS
- 2025-09-19 Price Changed $117,500 REALCOMP
- 2025-09-06 Price Changed $120,000 MiRealSource-MiMLS
- 2025-09-06 Price Changed $120,000 REALCOMP
- 2025-08-31 Listed $124,900 REALCOMP
- 2025-08-31 Listed $124,900 MiRealSource-MiMLS
- 2025-07-01 Listing Removed — MiRealSource-MiMLS
- 2025-07-01 Listing Removed — REALCOMP
- 2025-05-17 Listed $125,000 REALCOMP
- 2025-05-17 Listed $125,000 MiRealSource-MiMLS
- 2025-04-21 Listing Removed — REALCOMP
- 2025-04-21 Listing Removed — MiRealSource-MiMLS
- 2025-04-17 Relisted — REALCOMP
- 2025-04-17 Listing Removed — REALCOMP
- 2025-03-13 Price Changed $149,900 MiRealSource-MiMLS
- 2025-03-12 Price Changed $149,900 REALCOMP
- 2025-02-11 Price Changed $153,900 MiRealSource-MiMLS
- 2025-02-11 Price Changed $153,900 REALCOMP
- 2025-01-22 Price Changed $154,900 MiRealSource-MiMLS
- 2025-01-12 Listed $159,900 MiRealSource-MiMLS
- 2024-12-26 Listed $154,900 REALCOMP
- 2024-05-20 Sold (Public Records) $52,500 Public Records
- 2017-03-16 Listing Removed — REALCOMP
- 2017-03-15 Listing Removed — MiRealSource-MiMLS
- 2017-03-13 Relisted — MiRealSource-MiMLS
- 2017-03-13 Relisted — REALCOMP
- 2016-11-18 Pending — MiRealSource-MiMLS
- 2016-11-12 Pending — REALCOMP
- 2016-10-06 Listed $29,000 MiRealSource-MiMLS
- 2016-10-06 Listed $29,000 REALCOMP
- 2016-03-31 Listing Removed — REALCOMP
- 2016-03-30 Listing Removed — MiRealSource-MiMLS
- 2016-03-14 Relisted — REALCOMP
- 2016-01-06 Pending — REALCOMP
- 2015-11-17 Listing Removed — REALCOMP
- 2015-09-15 Listed $29,000 REALCOMP
- 2015-09-11 Listed $29,000 MiRealSource-MiMLS
- 2009-11-13 Sold (Public Records) $90,000 Public Records
- 2009-06-29 Sold (MLS) $18,000 REALCOMP
- 2009-06-23 Sold (Public Records) $90,000 Public Records
- 2009-03-20 Listing Removed — REALCOMP
- 2009-03-19 Listed $16,900 REALCOMP
- 2008-08-04 Listed $64,900 REALCOMP
- 2006-11-22 Listing Removed — REALCOMP
- 2006-10-23 Listed $155,000 REALCOMP
- 2006-01-05 Sold (Public Records) $117,000 Public Records
- 2005-02-02 Sold (MLS) $117,100 REALCOMP
- 2004-12-31 Listing Removed — MiRealSource-MiMLS
- 2004-10-18 Listed $119,900 MiRealSource-MiMLS
- 2004-10-18 Listed $110,000 REALCOMP
- 2001-09-27 Sold (Public Records) $107,000 Public Records
Property tax history
+5.6%/yrLatest (2025): $3,384 · +7.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…