68 Kensington Blvd · Pleasant Ridge, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
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
- 14 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 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 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 +26.6/30.0
- ARV discount +15.0/15.0
- DSCR +9.1/10.0
- 1% rule +6.8/10.0
- Livability +4.5/5.0
- Rent growth +2.5/5.0
- Schools +2.5/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$199,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
REMARKABLE OPPORTUNITY IN SOUGHT AFTER PLEASANT RIDGE. ENJOY THIS CHARMING BUNGALOW WITH WET PLASTER WALLS AND COVERED FRONT PORCH FOR PERFECT RELAXATION AFTER A LONG DAY. LIVING ROOM AND DINING ROOM FEATURES BEAUTIFUL HARDWOOD FLOORS. TWO BEDROOMS ON THE MAIN FLOOR WITH EXPOSED HARDWOOD FLOORS, SECOND FLOOR IS UNFINISHED AND AWAITS YOUR PERSONAL TOUCHES. PRIVATE BACKYARD IS LOW MAINTENANCE WITH SEVERAL PATIOS WITH LOTS OF GREENSPACE. ENJOY ALL THINGS PLEASANT RIDGE WITH POOL AND COMMUNITY CENTER, CLOSE PROXIMITY TO DOG PARK. PRICE REFLECTS NEED FOR IMPROVEMENTS AND/OR MODIFICATIONS. PROPERTY BEING SOLD IN AS-IS CONDITION. QUICK OCCUPANCY~
Key facts
- 3,920 sq ft lot
- Community pool
- Built 1925
Property features AI
Finance
- HOA & community: Community pool; Fitness center; Sidewalks; Pets allowed
Exterior
- Parking: No garage
- Utilities: Public water; Public sewer; Circuit breaker electrical service; Cable available; Water available; Sewer available
- Home design: Single family residence; One and one half stories; Ground-level entry with steps; Wood siding
- Construction: Asphalt roof; Block foundation; Built with wood siding
- Exterior features: Covered patio and porch; Porch; Patio; Fenced backyard
Interior
- Kitchen: Free-standing electric range; Free-standing refrigerator
- Bedrooms: Total of 5 rooms (bedroom count not specified)
- Bathrooms: 1 full bathroom
- Heating & cooling: Central air conditioning; Forced air heating (natural gas)
- Interior features: Dishwasher; Disposal; Humidifier; Microwave; Interior entry unfinished basement
- Laundry & utility: Washer provided; Dryer provided; Gas dryer hookup; Gas water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $200k.
Deal economics
- At list price, monthly cash flow is $533 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $200k).
Location & tenants
- Location reads 90/100 on livability (#6 in MI, #76 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, employment A+; Watch: cost of living D.
- Ferndale Public Schools (suburban): math 18% / reading 39% proficiency, ranked #366 of 540 in MI (top 68%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Market conditions: 13 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
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.
- 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 + 3.0% rent growth), your $56k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
- 2 sale attempts 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 $27k; list at $200k implies a 643% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1925 — 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 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 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
- 1.18% ✓
- Cap rate
- 9.49%
- Cash-on-cash
- 11.42%
- DSCR
- 1.51
- GRM
- 7.1
CMA / ARV
- ARV (on-the-fly)
- $283,920
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 68 Kensington Blvd | 0.00mi | 2/1.0 (-1) | 1,014 (0%) | 0mo | $199,900 | $197 | 95 |
| 36 Kensington Blvd | 0.12mi | 2/1.0 (-1) | 1,020 (+1%) | 1mo | $315,000 | $309 | 88 |
| 88 Wellesley Dr | 0.18mi | 3/1.5 | 1,036 (+2%) | 2mo | $341,013 | $329 | 84 |
| 73 Amherst Rd | 0.19mi | 3/2.0 | 1,100 (+8%) | 0mo | $463,000 | $421 | 73 |
| 3116 Horton St | 0.41mi | 3/2.0 | 1,061 (+5%) | 2mo | $299,500 | $282 | 68 |
| 3311 Goodrich St | 0.66mi | 3/1.0 | 1,000 (-1%) | 3mo | $280,000 | $280 | 65 |
| 2840 Horton St | 0.50mi | 3/1.0 | 948 (-6%) | 2mo | $220,000 | $232 | 65 |
| 560 E Oakridge St | 0.55mi | 3/1.0 | 1,084 (+7%) | 2mo | $275,000 | $254 | 62 |
| 1327 Mohawk Ave | 0.37mi | 2/1.0 (-1) | 1,133 (+12%) | 1mo | $285,000 | $252 | 58 |
| 2723 Wolcott St | 0.65mi | 2/1.0 (-1) | 1,098 (+8%) | 0mo | $252,000 | $230 | 51 |
| 2850 Wolcott St | 0.63mi | 3/1.0 | 880 (-13%) | 1mo | $199,900 | $227 | 48 |
| 813 S Center St | 0.70mi | 3/2.0 | 1,151 (+14%) | 3mo | $350,000 | $304 | 38 |
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 · 3.0% rent growth · sell at horizon
- IRR
- 0.7%
- Equity multiple
- 1.03×
- Total profit
- $1,534
- Equity at exit
- $29,806
- IRR
- 10.4%
- Equity multiple
- 1.80×
- Total profit
- $45,024
- 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
ZIP-level market 48069
- Active inventory
- 13
- Price-to-rent
- 7.1×
Monthly cashflow live
- Estimated rent
- $2,352 high interval (Pro) →
- Mortgage (P&I)
- −$1,048
- Tax from tax record
- −$193 /mo · $2,321/yr
- Insurance
- −$83
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$494
- Net cashflow
- $533
Break-even live
Sensitivity live
| Price | -10% $646 | -5% $589 | +0% $533 | +5% $476 | +10% $420 |
|---|---|---|---|---|---|
| Rent | -10% $347 | -5% $440 | +0% $533 | +5% $626 | +10% $718 |
| Rate | -1.0pp $633 | -0.5pp $584 | base $533 | +0.5pp $481 | +1.0pp $428 |
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
- —
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 |
|---|---|---|---|---|---|---|---|---|
| 1572 Maryland Club Dr Royal Oak, MI | 2.0 | 2.0 | 1477 | $2,450 | $1.66 | 4d | 1 | 0.20mi |
| 1230 Diamond Ct Unit E Royal Oak, MI | 2.0 | 2.0 | 1212 | $2,800 | $2.31 | 25d | 1 | 0.39mi |
| 25090 Woodward Ave Royal Oak, MI | 1.0–3.0 | 1.0–2.5 | 1146 | $4,195 | $3.66 | 0d | 12 | 0.42mi |
| 1337 S Washington Ave Royal Oak, MI | 2.0 | 2.0 | 1380 | $2,350 | $1.70 | 0d | 1 | 0.49mi |
| 1100 S Main St Royal Oak, MI | 1.0–2.0 | 1.0–2.0 | 1179 | $6,000 | $5.09 | 0d | 3 | 0.55mi |
| 1414 Owana Ave Royal Oak, MI | 3.0 | 1.0 | 1489 | $1,675 | $1.12 | 22d | 1 | 0.55mi |
| 2705 Inman St Ferndale, MI | 3.0 | 2.5 | 1429 | $3,195 | $2.24 | 0d | 1 | 0.57mi |
| 916 Cherokee Ave Royal Oak, MI | 2.0 | 1.5 | 944 | $2,250 | $2.38 | 3d | 1 | 0.64mi |
| 2803 Grayson St Ferndale, MI | 3.0 | 2.0 | 1274 | $2,000 | $1.57 | 44d | 1 | 0.71mi |
| 818 Etowah Ave Unit 1032341P Royal Oak, MI | 2.0 | 1.0 | 893 | $6,755 | $7.56 | 14d | 1 | 0.72mi |
| 1201 Woodward Hts Ferndale, MI | 2.0 | 2.0 | 1200 | $2,045 | $1.70 | 25d | 1 | 0.76mi |
| 400 E Cambourne St Unit 1 Ferndale, MI | 2.0 | 1.0 | 1000 | $1,400 | $1.40 | 11d | 1 | 0.82mi |
| 455 E Cambourne St Unit 2 Ferndale, MI | 2.0 | 1.0 | 900 | $2,400 | $2.67 | 4d | 1 | 0.83mi |
| 453 E Cambourne St Unit 1 Ferndale, MI | 2.0 | 1.0 | 1000 | $2,500 | $2.50 | 4d | 1 | 0.83mi |
| 325 E 6th St Unit 325-10 Royal Oak, MI | 2.0 | 1.5 | 1400 | $1,895 | $1.35 | 6d | 1 | 0.84mi |
| 1816 Guthrie Ave Royal Oak, MI | 3.0 | 1.0 | 1100 | $1,800 | $1.64 | 6d | 1 | 0.85mi |
| 615 E 5th St Royal Oak, MI | 4.0 | 3.0 | 1329 | $3,000 | $2.26 | 25d | 1 | 0.89mi |
| 501 E Breckenridge St Ferndale, MI | 3.0 | 1.0 | 946 | $1,800 | $1.90 | 25d | 1 | 0.92mi |
| 430 W 9 Mile Rd Ferndale, MI | 1.0–2.0 | 2.0 | 826 | $2,827 | $3.42 | 0d | 2 | 0.92mi |
| 100 W 5th St Royal Oak, MI | 2.0 | 2.0 | 1283 | $3,015 | $2.35 | 6d | 2 | 0.93mi |
| 100 W 5th St Royal Oak, MI | 2.0 | 2.0 | 1119 | $3,200 | $2.86 | 25d | 2 | 0.93mi |
| 1800 Browning St Ferndale, MI | 2.0 | 1.0 | 809 | $1,600 | $1.98 | 6d | 1 | 0.97mi |
| 2181 Coy St Ferndale, MI | 3.0 | 1.0 | 1050 | $1,995 | $1.90 | 11d | 1 | 1.05mi |
| 609 E Eleven Mile Rd Royal Oak, MI | 1.0–2.0 | 1.0 | 925 | $1,375 | $1.49 | 25d | 1 | 1.12mi |
| 1600 E 4th St Royal Oak, MI | 3.0 | 1.0 | 1166 | $3,200 | $2.74 | 13d | 1 | 1.12mi |
| 2186 Garfield St Ferndale, MI | 3.0 | 1.0 | 1300 | $1,750 | $1.35 | 25d | 1 | 1.12mi |
| 1260 W Nine Mile Rd Unit 13 Ferndale, MI | 2.0 | 1.0 | 1000 | $1,399 | $1.40 | 15d | 1 | 1.14mi |
| 118 N Main St Royal Oak, MI | 3.0 | 1.0–3.0 | 1432 | $6,200 | $4.33 | 0d | 4 | 1.16mi |
| 552 E Saratoga St Unit Upper Unit Ferndale, MI | 2.0 | 1.0 | 700 | $1,300 | $1.86 | 25d | 1 | 1.18mi |
| 2215 Browning St Ferndale, MI | 2.0 | 1.0 | 739 | $1,350 | $1.83 | 5d | 1 | 1.20mi |
| 617 S Edgeworth Ave Royal Oak, MI | 2.0 | 1.0 | 955 | $2,125 | $2.23 | 25d | 1 | 1.21mi |
| 350 N Main St Unit 608 Royal Oak, MI | 2.0 | 2.0 | 1137 | $2,500 | $2.20 | 25d | 1 | 1.21mi |
| 350 N Main St #806 Royal Oak, MI | 2.0 | 2.0 | 1100 | $2,400 | $2.18 | 25d | 1 | 1.22mi |
| 201 N Lafayette Ave Royal Oak, MI | 1.0–2.0 | 1.0 | 755 | $1,587 | $2.10 | 0d | 5 | 1.27mi |
| 1491 W Nine Mile Rd Unit 9 Ferndale, MI | 2.0 | 1.0 | 900 | $1,350 | $1.50 | 44d | 1 | 1.28mi |
| 22111 Woodward Ave Ferndale, MI | 2.0 | 1.0 | 816 | $3,355 | $4.11 | 17d | 1 | 1.29mi |
| 480 N Main St Royal Oak, MI | 1.0–2.0 | 1.0–2.0 | 1045 | $4,645 | $4.44 | 0d | 6 | 1.32mi |
| 2420 Woodward Hts Ferndale, MI | 3.0 | 1.0 | 1316 | $2,200 | $1.67 | 25d | 1 | 1.37mi |
| 430 N Washington Ave Unit A Royal Oak, MI | 2.0 | 1.0 | 1150 | $1,895 | $1.65 | 25d | 1 | 1.37mi |
| 24540 Pinehurst Ave Unit 1 Oak Park, MI | 2.0 | 3.0 | 1272 | $2,500 | $1.97 | 0d | 1 | 1.38mi |
Listing history 6 events
-
2026-05-13status Pending 647-char remark
Show marketing remark (647 chars)
REMARKABLE OPPORTUNITY IN SOUGHT AFTER PLEASANT RIDGE. ENJOY THIS CHARMING BUNGALOW WITH WET PLASTER WALLS AND COVERED FRONT PORCH FOR PERFECT RELAXATION AFTER A LONG DAY. LIVING ROOM AND DINING ROOM FEATURES BEAUTIFUL HARDWOOD FLOORS. TWO BEDROOMS ON THE MAIN FLOOR WITH EXPOSED HARDWOOD FLOORS, SECOND FLOOR IS UNFINISHED AND AWAITS YOUR PERSONAL TOUCHES. PRIVATE BACKYARD IS LOW MAINTENANCE WITH SEVERAL PATIOS WITH LOTS OF GREENSPACE. ENJOY ALL THINGS PLEASANT RIDGE WITH POOL AND COMMUNITY CENTER, CLOSE PROXIMITY TO DOG PARK. PRICE REFLECTS NEED FOR IMPROVEMENTS AND/OR MODIFICATIONS. PROPERTY BEING SOLD IN AS-IS CONDITION. QUICK OCCUPANCY~
-
2026-05-13status Pending
Show marketing remark (647 chars)
REMARKABLE OPPORTUNITY IN SOUGHT AFTER PLEASANT RIDGE. ENJOY THIS CHARMING BUNGALOW WITH WET PLASTER WALLS AND COVERED FRONT PORCH FOR PERFECT RELAXATION AFTER A LONG DAY. LIVING ROOM AND DINING ROOM FEATURES BEAUTIFUL HARDWOOD FLOORS. TWO BEDROOMS ON THE MAIN FLOOR WITH EXPOSED HARDWOOD FLOORS, SECOND FLOOR IS UNFINISHED AND AWAITS YOUR PERSONAL TOUCHES. PRIVATE BACKYARD IS LOW MAINTENANCE WITH SEVERAL PATIOS WITH LOTS OF GREENSPACE. ENJOY ALL THINGS PLEASANT RIDGE WITH POOL AND COMMUNITY CENTER, CLOSE PROXIMITY TO DOG PARK. PRICE REFLECTS NEED FOR IMPROVEMENTS AND/OR MODIFICATIONS. PROPERTY BEING SOLD IN AS-IS CONDITION. QUICK OCCUPANCY~
-
2026-05-13$199,900 Active 647-char remark
Show marketing remark (647 chars)
REMARKABLE OPPORTUNITY IN SOUGHT AFTER PLEASANT RIDGE. ENJOY THIS CHARMING BUNGALOW WITH WET PLASTER WALLS AND COVERED FRONT PORCH FOR PERFECT RELAXATION AFTER A LONG DAY. LIVING ROOM AND DINING ROOM FEATURES BEAUTIFUL HARDWOOD FLOORS. TWO BEDROOMS ON THE MAIN FLOOR WITH EXPOSED HARDWOOD FLOORS, SECOND FLOOR IS UNFINISHED AND AWAITS YOUR PERSONAL TOUCHES. PRIVATE BACKYARD IS LOW MAINTENANCE WITH SEVERAL PATIOS WITH LOTS OF GREENSPACE. ENJOY ALL THINGS PLEASANT RIDGE WITH POOL AND COMMUNITY CENTER, CLOSE PROXIMITY TO DOG PARK. PRICE REFLECTS NEED FOR IMPROVEMENTS AND/OR MODIFICATIONS. PROPERTY BEING SOLD IN AS-IS CONDITION. QUICK OCCUPANCY~
-
2026-05-13$199,900 Active
Show marketing remark (647 chars)
REMARKABLE OPPORTUNITY IN SOUGHT AFTER PLEASANT RIDGE. ENJOY THIS CHARMING BUNGALOW WITH WET PLASTER WALLS AND COVERED FRONT PORCH FOR PERFECT RELAXATION AFTER A LONG DAY. LIVING ROOM AND DINING ROOM FEATURES BEAUTIFUL HARDWOOD FLOORS. TWO BEDROOMS ON THE MAIN FLOOR WITH EXPOSED HARDWOOD FLOORS, SECOND FLOOR IS UNFINISHED AND AWAITS YOUR PERSONAL TOUCHES. PRIVATE BACKYARD IS LOW MAINTENANCE WITH SEVERAL PATIOS WITH LOTS OF GREENSPACE. ENJOY ALL THINGS PLEASANT RIDGE WITH POOL AND COMMUNITY CENTER, CLOSE PROXIMITY TO DOG PARK. PRICE REFLECTS NEED FOR IMPROVEMENTS AND/OR MODIFICATIONS. PROPERTY BEING SOLD IN AS-IS CONDITION. QUICK OCCUPANCY~
-
2026-05-08historical $199,900 647-char remark
Show marketing remark (647 chars)
REMARKABLE OPPORTUNITY IN SOUGHT AFTER PLEASANT RIDGE. ENJOY THIS CHARMING BUNGALOW WITH WET PLASTER WALLS AND COVERED FRONT PORCH FOR PERFECT RELAXATION AFTER A LONG DAY. LIVING ROOM AND DINING ROOM FEATURES BEAUTIFUL HARDWOOD FLOORS. TWO BEDROOMS ON THE MAIN FLOOR WITH EXPOSED HARDWOOD FLOORS, SECOND FLOOR IS UNFINISHED AND AWAITS YOUR PERSONAL TOUCHES. PRIVATE BACKYARD IS LOW MAINTENANCE WITH SEVERAL PATIOS WITH LOTS OF GREENSPACE. ENJOY ALL THINGS PLEASANT RIDGE WITH POOL AND COMMUNITY CENTER, CLOSE PROXIMITY TO DOG PARK. PRICE REFLECTS NEED FOR IMPROVEMENTS AND/OR MODIFICATIONS. PROPERTY BEING SOLD IN AS-IS CONDITION. QUICK OCCUPANCY~
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1978-12-01soldstatus $26,900
ⓘ 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
- $2,321 · $193/mo
- Projected year-2 tax
- $2,700 · $225/mo
- Expected delta
- +$379/yr (+$32/mo · 16.3%)
ⓘ 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 2/10 Low 7 d/yr ≥97°F today · 14 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 3 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
- $28,218
- − Mortgage interest
- −$11,198
- − Property taxes
- −$2,321
- − Insurance
- −$1,000
- − Repairs & maintenance
- −$2,257
- − Management
- −$2,257
- − Depreciation
- −$5,815
- Taxable income
- $3,370
- Est. tax owed @ 24.0%
- −$809
- After-tax cash flow
- $5,583/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
- Ferndale Public Schools
- NCES district ID
- 2614280
- Math proficiency
- 18% ▼ -3.00%
- Reading proficiency
- 39% ▲ 5.00%
- Median HH income
- $56,069
- Composite
- 25.46/100
- National rank
- #7449
- State rank
- #366 of 540 in MI
Livability — Pleasant Ridge
- Score
- 90/100
- State rank
- #6
- US rank
- #76
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Pleasant Ridge, MI
- City population
- 2,607
- Population (ZIP)
- 2,607
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 (88%)
- Race & ethnicity
- White 88% Two or more races 7% Hispanic / Latino 3% Asian 2% Black 1%
- Common ancestry
- Romanian 12% Slovak 8% Lithuanian 6%
- Foreign-born
- 7% · Canada, China, Jamaica
- Languages at home
- 94% English-only · Spanish 1% Other Indo-European 1% French/Haitian/Cajun 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
- ▼ -425.28%
- Current HPI
- 210.5076
- Rent YoY
- —
- Metro
- —
- 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 |
|
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Price history
+643.1% since first listed6 events — show timeline
- 2026-05-13 Pending — MiRealSource-MiMLS
- 2026-05-13 Pending — REALCOMP
- 2026-05-13 Listed $199,900 MiRealSource-MiMLS
- 2026-05-13 Listed $199,900 REALCOMP
- 2026-05-08 Coming Soon $199,900 MiRealSource-MiMLS
- 1978-12-01 Sold (Public Records) $26,900 Public Records
Property tax history
+3.2%/yrLatest (2025): $2,321 · +1.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…