30221 Maplewood St · Garden City, MI 48135

$199,900

4 bd · 1.0 ba · 980 sqft · SingleFamily public records · 81 Days on market

Built 1949 0.35 ac lot Est $208k · at est.

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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 +19.1/30.0
• ARV discount +9.2/15.0
• DSCR +6.0/10.0
• 1% rule +4.5/10.0
• Livability +4.1/5.0
• Rent growth +3.4/5.0
• Schools +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this beautifully fully remodeled 4-bedroom, 1-bath home in the heart of Garden City! This move-in-ready property features a spacious layout with modern updates throughout, including a refreshed kitchen, updated bath, new flooring, and fresh paint. Enjoy the convenience of a rare 2-car attached garage and a large yard - perfect for entertaining, pets, or future outdoor projects. Located in a desirable neighborhood close to schools, shopping, and major highways, this home offers both comfort and convenience. Don't miss your opportunity to own a turnkey home in a great location!

Key facts

• Fully remodeled
• Updated bath
• Fresh paint

Tags

• FULLY REMODELED
• REFRESHED KITCHEN
• UPDATED BATH
• NEW FLOORING
• FRESH PAINT
• 2-CAR ATTACHED GARAGE

Property features AI

Exterior

• Parking: Attached garage with 2 spaces
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One and one-half stories; Ground-level entry
• Construction: Brick and vinyl siding exterior; Slab foundation
• Exterior features: Paved road access; Lot approx. 0.35 acres (86.26 x 174.85)

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning; Forced air heating with natural gas
• Interior features: Gas water heater; Total of 6 rooms

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $211 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $189k (5.5% below list).
• Recommended offer: $188k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 5.8% in Garden City — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 82/100 on livability (#53 in MI, #1,047 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, commute A; Watch: employment C-.
• Garden City Public Schools (suburban): math 22% / reading 36% proficiency, ranked #365 of 540 in MI (top 68%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Douglas Elementary 34 Campus (math 29% / reading 32%, grade F, #858 of 1,397 statewide, top 61%, 433 students, 61% FRL); Garden City Middle School (math 20% / reading 36%, grade F, #359 of 493 statewide, top 73%, 435 students, 58% FRL); Garden City High School (math 17% / reading 42%, grade F, #441 of 713 statewide, top 64%, 846 students, 44% FRL).
• Market conditions: Rents rising (+3.6%/yr); 139 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 34% of the median local income ($67k/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 $1k of loan paydown is wiped out by about $6k 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 81 days — a 6% lower offer ($188k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $15k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $90k; list at $200k implies a 122% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $187,906 (6.0% below list)

Questions for the listing agent

1. It's been on market 81 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 0.95% ✗
• Cap rate: 7.56%
• Cash-on-cash: 4.52%
• DSCR: 1.20
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $207,760
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
29624 Bridge St	0.45mi	3/1.0 (-1)	955 (-3%)	5mo	$130,000	$136	65
30616 Beechwood Ave	0.38mi	3/1.0 (-1)	1,017 (+4%)	8mo	$177,500	$175	64
30966 Dover Ave	0.41mi	3/1.5 (-1)	936 (-4%)	3mo	$215,000	$230	64
29856 Chester St	0.24mi	3/1.0 (-1)	1,060 (+8%)	11mo	$216,000	$204	61
6908 Burnly St	0.38mi	3/1.0 (-1)	1,038 (+6%)	12mo	$252,900	$244	58
31208 Windsor St	0.55mi	3/1.0 (-1)	1,060 (+8%)	2mo	$213,000	$201	54
7355 W Frumin Ct	0.73mi	3/1.0 (-1)	1,020 (+4%)	1mo	$225,000	$221	54
29870 Elmwood St	0.25mi	3/1.0 (-1)	844 (-14%)	8mo	$165,000	$195	53
31453 Bridge Ave	0.68mi	3/1.0 (-1)	925 (-6%)	7mo	$239,000	$258	48
29854 Malvern St	0.62mi	3/1.0 (-1)	1,077 (+10%)	5mo	$228,500	$212	45
29020 Balmoral St S	0.62mi	3/1.0 (-1)	876 (-11%)	10mo	$140,000	$160	40
29878 Malvern St	0.61mi	3/2.0 (-1)	1,077 (+10%)	7mo	$269,900	$251	40

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 · 3.65% rent growth · sell at horizon

5-year hold

• IRR: -8.6%
• Equity multiple: 0.68×
• Total profit: $-17,751
• Equity at exit: $29,806

10-year hold

• IRR: 1.7%
• Equity multiple: 1.12×
• Total profit: $6,875
• Equity at exit: $17,284

Cash invested: $55,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48135

• Rents YoY: 3.6%
• Active inventory: 139
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,890 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$150 /mo · $1,805/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$397
• Net cashflow: $211

Break-even live

Break-even rent $1,623

Max offer price $199,900

Occupancy floor 84%

Sensitivity live

Price	-10% $324	-5% $267	+0% $211	+5% $154	+10% $98
Rent	-10% $62	-5% $136	+0% $211	+5% $286	+10% $360
Rate	-1.0pp $312	-0.5pp $262	base $211	+0.5pp $159	+1.0pp $106

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
32214 Dover St Garden City, MI	3.0	1.0	1000	$1,340	$1.34	13d	1	1.01mi
5927 Lathers St Garden City, MI	3.0	1.0	1000	$1,600	$1.60	0d	1	1.02mi
7484 Affeldt St Westland, MI	3.0	1.0	1120	$1,500	$1.34	26d	1	1.15mi
5839 Helen St Garden City, MI	3.0	1.0	984	$1,500	$1.52	0d	1	1.16mi
7457 Harrison St Westland, MI	3.0	1.0	1120	$1,900	$1.70	0d	1	1.16mi
7435 Lathers St Westland, MI	3.0	1.0	1120	$1,900	$1.70	18d	1	1.20mi
536 N Leona Ave Garden City, MI	3.0	1.0	1000	$1,440	$1.44	14d	1	1.24mi
1713 Gilman St Garden City, MI	3.0	1.0	860	$1,600	$1.86	0d	1	1.26mi
7048 Deering St Garden City, MI	3.0	1.0	910	$1,500	$1.65	19d	1	1.30mi

Listing history 20 events

1. 2026-06-21
   days on market $199,900 Active 81 DOM
2. 2026-06-18
   days on market $199,900 Active 78 DOM
3. 2026-06-17
   days on market $199,900 Active 77 DOM
4. 2026-06-16
   days on market $199,900 Active 76 DOM
5. 2026-06-15
   days on market $199,900 Active 75 DOM
6. 2026-06-13
   days on market $199,900 Active 73 DOM
7. 2026-06-13
   days on market $199,900 Active 72 DOM
8. 2026-06-09
   days on market $199,900 Active 69 DOM
9. 2026-06-08
   days on market $199,900 Active 68 DOM
10. 2026-06-07
    days on market $199,900 Active 67 DOM
11. 2026-06-04
    days on market $199,900 Active 64 DOM
12. 2026-06-03
    days on market $199,900 Active 63 DOM
13. 2026-06-02
    days on market $199,900 Active 62 DOM
14. 2026-06-01
    days on market $199,900 Active 61 DOM
15. 2026-05-31
    days on market $199,900 Active 60 DOM
16. 2026-05-01
    price $199,900 593-char remark

    Show marketing remark (593 chars)

    Welcome to this beautifully fully remodeled 4-bedroom, 1-bath home in the heart of Garden City! This move-in-ready property features a spacious layout with modern updates throughout, including a refreshed kitchen, updated bath, new flooring, and fresh paint. Enjoy the convenience of a rare 2-car attached garage and a large yard - perfect for entertaining, pets, or future outdoor projects. Located in a desirable neighborhood close to schools, shopping, and major highways, this home offers both comfort and convenience. Don't miss your opportunity to own a turnkey home in a great location!

17. 2026-05-01
    price $199,900

    Show marketing remark (593 chars)

    Welcome to this beautifully fully remodeled 4-bedroom, 1-bath home in the heart of Garden City! This move-in-ready property features a spacious layout with modern updates throughout, including a refreshed kitchen, updated bath, new flooring, and fresh paint. Enjoy the convenience of a rare 2-car attached garage and a large yard - perfect for entertaining, pets, or future outdoor projects. Located in a desirable neighborhood close to schools, shopping, and major highways, this home offers both comfort and convenience. Don't miss your opportunity to own a turnkey home in a great location!

18. 2026-04-01
    listed $214,900 Active 593-char remark

    Show marketing remark (593 chars)

    Welcome to this beautifully fully remodeled 4-bedroom, 1-bath home in the heart of Garden City! This move-in-ready property features a spacious layout with modern updates throughout, including a refreshed kitchen, updated bath, new flooring, and fresh paint. Enjoy the convenience of a rare 2-car attached garage and a large yard - perfect for entertaining, pets, or future outdoor projects. Located in a desirable neighborhood close to schools, shopping, and major highways, this home offers both comfort and convenience. Don't miss your opportunity to own a turnkey home in a great location!

19. 2026-04-01
    listed $214,900 Active

    Show marketing remark (593 chars)

    Welcome to this beautifully fully remodeled 4-bedroom, 1-bath home in the heart of Garden City! This move-in-ready property features a spacious layout with modern updates throughout, including a refreshed kitchen, updated bath, new flooring, and fresh paint. Enjoy the convenience of a rare 2-car attached garage and a large yard - perfect for entertaining, pets, or future outdoor projects. Located in a desirable neighborhood close to schools, shopping, and major highways, this home offers both comfort and convenience. Don't miss your opportunity to own a turnkey home in a great location!

20. 2025-10-08
    soldstatus $90,000

ⓘ 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: $1,805 · $150/mo
• Projected year-2 tax: $2,442 · $203/mo
• Expected delta: +$637/yr (+$53/mo · 35.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% 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

Taxation est. · year 1

• Rental income: $22,677
• − Mortgage interest: −$11,198
• − Property taxes: −$1,805
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,814
• − Management: −$1,814
• − Depreciation: −$5,815
• Taxable loss: −$769
• Est. tax savings @ 24.0%: +$185
• After-tax cash flow: $2,715/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: Garden City Public Schools
• NCES district ID: 2615540
• Math proficiency: 22% ▼ -11.00%
• Reading proficiency: 36% ▼ -13.00%
• Median HH income: $52,165
• Composite: 25.53/100
• National rank: #7433
• State rank: #365 of 540 in MI

Livability — Garden City

• Score: 82/100
• State rank: #53
• US rank: #1047

Category grades

Amenities B- Commute A Cost of living A+ Crime B Employment C- Housing A+ Health & safety B- User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Garden City, MI
• County: Wayne County · 1,562,939 people
• City population: 26,739
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 26,739
• Household income: $67,294
• Rent vs Own: 20.9% rent · 79.1% own
• Severe rent burden: 509.0

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 White (82%)
• Race & ethnicity: White 82% Two or more races 8% Black 7% Hispanic / Latino 5%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Romanian 13% Italian 4% Slovak 3%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Arabic 3% Spanish 1% Other Indo-European 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: ▼ -265.28%
• Current HPI: 212.5713
• Rent YoY: ▲ 3.65%
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+122.1% since first listed

5 events — show timeline

• 2026-05-01 Price Changed $199,900 MiRealSource-MiMLS
• 2026-05-01 Price Changed $199,900 REALCOMP
• 2026-04-01 Listed $214,900 REALCOMP
• 2026-04-01 Listed $214,900 MiRealSource-MiMLS
• 2025-10-08 Sold (Public Records) $90,000 Public Records

Property tax history

+2.2%/yr

Latest (2025): $1,805 · -10.8% YoY. Source: county tax records.