3658 Preston St · Detroit, MI
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.22%
- 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 96°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
- 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 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 +3.7/5.0
- Appreciation +3.6/10.0
- Rent growth +3.4/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
$63,500
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
3658 Preston St. | Arts District Living – Design Your Own Detroit A rare opportunity to create a truly personal home in one of Detroit's most culturally rich and creatively charged neighborhoods. Set within the evolving McDougall-Hunt corridor and just steps from the Heidelberg Project, this early 20th-century residence offers the ideal canvas for a buyer with vision. Spanning over 1,400 square feet, this originally configured four-bedroom home has been fully gutted and thoughtfully prepped - allowing you to design without limitation. The existing footprint provides immediate scale, while the second floor offers expansion potential to 2,000+ square feet, opening the door for a dynamic live/work environment, gallery-inspired interiors, or a modern urban retreat. Deeply connected to the neighborhood's artistic fabric - where creativity, expression, and community intersect daily - this is more than a renovation; it's an opportunity to become part of a living, evolving arts district. Ideal for a creative professional, designer, or buyer seeking an affordable entry point with long-term upside, all within minutes of Indian Village, Eastern Market, and downtown Detroit. Bring your vision. Build your story. Live the art.
Key facts
- Fully gutted
- Expansion potential
- Modern urban retreat
Tags
Property features AI
Exterior
- Parking: No garage
- Utilities: Public water; Public sewer; Electric service with circuit breakers; Sewer and water available
- Home design: Two-story single-family residence; Ground-level entry; Wood siding construction
- Construction: Block foundation
- Exterior features: Asphalt roof; Paved road access; Lot approximately 0.07 acres (30 x 105.25)
Interior
- Bathrooms: One full bathroom
- Heating & cooling: Forced air heating (natural gas); No central cooling
- Interior features: Unfinished basement; Seven total rooms
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $64k.
Deal economics
- At list price, monthly cash flow is $689 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $64k).
- Recommended offer: $62k (3.0% below list) — sets the bar for market timing.
- Cap rate 19.3% vs local median 10.2% in Detroit — 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 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 (+3.5%/yr); 244 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
- This rent runs 39% of the median local income ($48k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-2.8%/yr); year-one equity from $439 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 (-2.8% appreciation + 3.5% rent growth), your $18k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- It's been on market 47 days — a 3% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 12y ago; this cycle's ask has dropped $6k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $30k; list at $64k implies a 112% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: property tax is 3.2% of price; built in 1920 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 47 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1920 — 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
- 2.43% ✓
- Cap rate
- 19.32%
- Cash-on-cash
- 46.51%
- DSCR
- 3.07
- GRM
- 3.4
CMA / ARV
- ARV (median comp)
- $89,605
- List price
- $63,500
- Delta
- -29.13%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3515 #3 Ewald Cir | 0.25mi | 2/1.0 (-1) | 1,188 (+12%) | 14mo | $47,000 | $40 | 52 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-2.79% appreciation · 3.53% rent growth · sell at horizon
- IRR
- 44.8%
- Equity multiple
- 2.97×
- Total profit
- $35,063
- Equity at exit
- $10,060
- IRR
- 50.7%
- Equity multiple
- 6.13×
- Total profit
- $91,280
- Equity at exit
- $6,513
Cash invested: $17,780 (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 48207
- Home prices YoY
- -2.0%
- Rents YoY
- 3.5%
- Active inventory
- 244
- Price-to-rent
- 3.4×
Monthly cashflow live
- Estimated rent
- $1,544 high interval (Pro) →
- Mortgage (P&I)
- −$333
- Tax from tax record
- −$171 /mo · $2,057/yr
- Insurance
- −$26
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$324
- Net cashflow
- $689
Break-even live
Sensitivity live
| Price | -10% $725 | -5% $707 | +0% $689 | +5% $671 | +10% $653 |
|---|---|---|---|---|---|
| Rent | -10% $567 | -5% $628 | +0% $689 | +5% $750 | +10% $811 |
| Rate | -1.0pp $721 | -0.5pp $705 | base $689 | +0.5pp $673 | +1.0pp $656 |
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
- $15,875
- Closing costs
- $1,905
- 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 34 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3755 Ellery St Unit 1 Detroit, MI | 2.0 | 1.0 | 915 | $1,200 | $1.31 | 25d | 1 | 0.26mi |
| 3323 Gratiot Ave Unit R Detroit, MI | 2.0 | 1.0 | 1200 | $975 | $0.81 | 44d | 1 | 0.30mi |
| 3325 Gratiot Ave Unit R Detroit, MI | 2.0 | 1.0 | 1200 | $1,000 | $0.83 | 44d | 1 | 0.30mi |
| 3511 Concord Ave Detroit, MI | 2.0 | 1.0 | 750 | $1,100 | $1.47 | 44d | 1 | 0.38mi |
| 3980 Helen St Detroit, MI | 2.0 | 1.0 | 800 | $845 | $1.06 | 17d | 1 | 0.64mi |
| 3460 Field St Detroit, MI | 2.0 | 1.0 | 1000 | $1,260 | $1.26 | 5d | 1 | 0.67mi |
| 2972 Field St Detroit, MI | 3.0 | 1.0 | 1225 | $1,395 | $1.14 | 18d | 1 | 0.68mi |
| 2928 Prince Hall Dr Detroit, MI | 2.0 | 2.0 | 1425 | $2,000 | $1.40 | 5d | 1 | 0.78mi |
| 2280 E Vernor Hwy Detroit, MI | 1.0–3.0 | 1.0–2.0 | 872 | $1,111 | $1.27 | 21d | 1 | 0.86mi |
| 2001 Chene St Detroit, MI | 2.0 | 1.0 | 950 | $1,069 | $1.13 | 44d | 1 | 0.87mi |
| 374 E Grand Blvd Unit 2A Detroit, MI | 2.0 | 2.0 | 1450 | $2,750 | $1.90 | 44d | 1 | 0.87mi |
| 1941 Chene Ct Detroit, MI | 1.0–2.0 | 1.0–2.0 | 795 | $1,200 | $1.51 | 13d | 4 | 0.90mi |
| 7410 Kercheval Ave Unit 212 Detroit, MI | 2.0 | 2.0 | 1017 | $1,950 | $1.92 | 44d | 1 | 0.93mi |
| 1440 Robert Bradby Dr Detroit, MI | 2.0 | 2.0 | 1250 | $1,472 | $1.18 | 44d | 1 | 0.94mi |
| 1454 Townsend St #101 Detroit, MI | 2.0 | 2.0 | 1268 | $2,500 | $1.97 | 4d | 1 | 1.07mi |
| 8001 Kercheval Ave Detroit, MI | 1.0–2.0 | 1.0–2.0 | 984 | $2,270 | $2.31 | 2d | 3 | 1.14mi |
| 4811 Seyburn St Detroit, MI | 3.0 | 1.0 | 1196 | $1,037 | $0.87 | 18d | 1 | 1.18mi |
| 6533 E Jefferson Ave Detroit, MI | 2.0 | 1.0–2.0 | 1094 | $1,500 | $1.37 | 18d | 2 | 1.20mi |
| 6533 E Jefferson Ave Detroit, MI | 2.0 | 1.0–2.0 | 1181 | $1,500 | $1.27 | 25d | 3 | 1.20mi |
| 6533 E Jefferson Ave #421 Detroit, MI | 2.0 | 1.0 | 1063 | $2,200 | $2.07 | 15d | 1 | 1.20mi |
| 625 Field St Detroit, MI | 3.0 | 1.5 | 900 | $882 | $0.98 | 18d | 1 | 1.22mi |
| 1989 Orleans St Detroit, MI | 2.0 | 2.0 | 964 | $1,700 | $1.76 | 44d | 1 | 1.23mi |
| 7918 E Lafayette St #4 Detroit, MI | 3.0 | 1.0 | 1150 | $1,800 | $1.57 | 18d | 1 | 1.35mi |
| 4169 Burns St Detroit, MI | 4.0 | 2.5 | 1326 | $2,300 | $1.73 | 25d | 1 | 1.36mi |
| 1515 Cherboneau Pl #4 Detroit, MI | 2.0 | 1.0 | 870 | $1,500 | $1.72 | 44d | 1 | 1.38mi |
| 3670 Chrysler Dr Detroit, MI | 1.0–2.0 | 1.0–1.5 | 877 | $1,550 | $1.77 | 44d | 1 | 1.38mi |
| 1000 Van Dyke St Detroit, MI | 1.0–2.0 | 1.0 | 751 | $1,295 | $1.72 | 44d | 4 | 1.39mi |
| 1000 Van Dyke St Unit 205 Detroit, MI | 2.0 | 1.0 | 863 | $1,495 | $1.73 | 15d | 1 | 1.39mi |
| 1000 Van Dyke St Unit B02 Detroit, MI | 2.0 | 1.0 | 871 | $1,295 | $1.49 | 25d | 1 | 1.39mi |
| 1973 E Grand Blvd Detroit, MI | 2.0 | 1.0 | 840 | $1,750 | $2.08 | 44d | 1 | 1.42mi |
| 7700 E Jefferson Ave Detroit, MI | 2.0 | 1.0 | 877 | $1,795 | $2.05 | 44d | 1 | 1.43mi |
| 3475 Crane St Detroit, MI | 3.0 | 1.5 | 1000 | $1,338 | $1.34 | 44d | 1 | 1.44mi |
| 3500 E Jefferson Detroit, MI | 1.0–2.0 | 1.0–2.0 | 1012 | $2,560 | $2.53 | 2d | 5 | 1.47mi |
| 500 River Pl Dr Detroit, MI | 1.0–3.0 | 1.0–2.0 | 950 | $2,000 | $2.11 | 44d | 1 | 1.48mi |
Listing history 40 events
-
2026-06-18days on market $63,500 Active 47 DOM
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2026-06-17days on market $63,500 Active 46 DOM
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2026-06-15pricedays on market $63,500 Active 44 DOM
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2026-06-13days on market $69,000 Active 42 DOM
Show marketing remark (1251 chars)
3658 Preston St. | Arts District Living – Design Your Own Detroit A rare opportunity to create a truly personal home in one of Detroit's most culturally rich and creatively charged neighborhoods. Set within the evolving McDougall-Hunt corridor and just steps from the Heidelberg Project, this early 20th-century residence offers the ideal canvas for a buyer with vision. Spanning over 1,400 square feet, this originally configured four-bedroom home has been fully gutted and thoughtfully prepped - allowing you to design without limitation. The existing footprint provides immediate scale, while the second floor offers expansion potential to 2,000+ square feet, opening the door for a dynamic live/work environment, gallery-inspired interiors, or a modern urban retreat. Deeply connected to the neighborhood's artistic fabric - where creativity, expression, and community intersect daily - this is more than a renovation; it's an opportunity to become part of a living, evolving arts district. Ideal for a creative professional, designer, or buyer seeking an affordable entry point with long-term upside, all within minutes of Indian Village, Eastern Market, and downtown Detroit. Bring your vision. Build your story. Live the art.
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2026-06-13days on market $69,000 Active 41 DOM
Show marketing remark (1251 chars)
3658 Preston St. | Arts District Living – Design Your Own Detroit A rare opportunity to create a truly personal home in one of Detroit's most culturally rich and creatively charged neighborhoods. Set within the evolving McDougall-Hunt corridor and just steps from the Heidelberg Project, this early 20th-century residence offers the ideal canvas for a buyer with vision. Spanning over 1,400 square feet, this originally configured four-bedroom home has been fully gutted and thoughtfully prepped - allowing you to design without limitation. The existing footprint provides immediate scale, while the second floor offers expansion potential to 2,000+ square feet, opening the door for a dynamic live/work environment, gallery-inspired interiors, or a modern urban retreat. Deeply connected to the neighborhood's artistic fabric - where creativity, expression, and community intersect daily - this is more than a renovation; it's an opportunity to become part of a living, evolving arts district. Ideal for a creative professional, designer, or buyer seeking an affordable entry point with long-term upside, all within minutes of Indian Village, Eastern Market, and downtown Detroit. Bring your vision. Build your story. Live the art.
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2026-06-09days on market $69,000 Active 38 DOM
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2026-06-08days on market $69,000 Active 37 DOM
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2026-06-07days on market $69,000 Active 36 DOM
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2026-06-04days on market $69,000 Active 33 DOM
-
2026-06-03days on market $69,000 Active 32 DOM
-
2026-06-02days on market $69,000 Active 31 DOM
-
2026-06-01days on market $69,000 Active 30 DOM
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2026-05-31days on market $69,000 Active 29 DOM
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2026-05-02$69,000 Active 1251-char remark
Show marketing remark (1251 chars)
3658 Preston St. | Arts District Living – Design Your Own Detroit A rare opportunity to create a truly personal home in one of Detroit's most culturally rich and creatively charged neighborhoods. Set within the evolving McDougall-Hunt corridor and just steps from the Heidelberg Project, this early 20th-century residence offers the ideal canvas for a buyer with vision. Spanning over 1,400 square feet, this originally configured four-bedroom home has been fully gutted and thoughtfully prepped - allowing you to design without limitation. The existing footprint provides immediate scale, while the second floor offers expansion potential to 2,000+ square feet, opening the door for a dynamic live/work environment, gallery-inspired interiors, or a modern urban retreat. Deeply connected to the neighborhood's artistic fabric - where creativity, expression, and community intersect daily - this is more than a renovation; it's an opportunity to become part of a living, evolving arts district. Ideal for a creative professional, designer, or buyer seeking an affordable entry point with long-term upside, all within minutes of Indian Village, Eastern Market, and downtown Detroit. Bring your vision. Build your story. Live the art.
-
2026-05-02$69,000 Active 1268-char remark
Show marketing remark (1251 chars)
3658 Preston St. | Arts District Living – Design Your Own Detroit A rare opportunity to create a truly personal home in one of Detroit's most culturally rich and creatively charged neighborhoods. Set within the evolving McDougall-Hunt corridor and just steps from the Heidelberg Project, this early 20th-century residence offers the ideal canvas for a buyer with vision. Spanning over 1,400 square feet, this originally configured four-bedroom home has been fully gutted and thoughtfully prepped - allowing you to design without limitation. The existing footprint provides immediate scale, while the second floor offers expansion potential to 2,000+ square feet, opening the door for a dynamic live/work environment, gallery-inspired interiors, or a modern urban retreat. Deeply connected to the neighborhood's artistic fabric - where creativity, expression, and community intersect daily - this is more than a renovation; it's an opportunity to become part of a living, evolving arts district. Ideal for a creative professional, designer, or buyer seeking an affordable entry point with long-term upside, all within minutes of Indian Village, Eastern Market, and downtown Detroit. Bring your vision. Build your story. Live the art.
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2026-05-01historical
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2026-05-01historical
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2026-04-24price $68,000
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2026-04-24price $68,000
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2026-03-27price $69,000
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2026-03-26price $69,000
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2026-03-10price $72,000
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2026-03-09price $72,000
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2026-03-01status Active
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2026-03-01historical
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2026-02-28price $75,000
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2026-02-27price $75,000
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2026-02-13price $77,000
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2026-02-13price $77,000
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2025-10-22price $79,000
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2025-10-22price $79,000
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2025-09-02$89,000 Active
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2025-09-02$89,000 Active
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2020-04-22soldstatus $30,000
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2015-02-24soldstatus $700 Sold
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2015-02-24soldstatus $700
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2015-01-22historical
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2015-01-22historical
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2014-12-18$700 Active
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2014-12-18$700
ⓘ 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
- $2,057 · $171/mo
- Projected year-2 tax
- $2,057 · $171/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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥96°F today · 14 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
- $18,531
- − Mortgage interest
- −$3,557
- − Property taxes
- −$2,057
- − Insurance
- −$318
- − Repairs & maintenance
- −$1,483
- − Management
- −$1,483
- − Depreciation
- −$1,847
- Taxable income
- $7,787
- Est. tax owed @ 24.0%
- −$1,869
- After-tax cash flow
- $6,400/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)
- 20,848
- Household income
- $47,831
- Rent vs Own
- Severe rent burden
- 2017.0
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 (74%)
- Race & ethnicity
- Black 74% White 18% Two or more races 4% Asian 3% Hispanic / Latino 2%
- Common ancestry
- Romanian 2% Italian 1% Lithuanian 1%
- Foreign-born
- 5% · Canada, South Korea
- Languages at home
- 94% English-only · Spanish 2% Other Indo-European 1% Arabic 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
- ▼ -2.79%
- Current HPI
- 136.6328
- Rent YoY
- ▲ 3.53%
- 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 |
|
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Price history
+111.7% since first listed29 events — show timeline
- 2026-06-14 Price Changed $63,500 REALCOMP
- 2026-06-13 Price Changed $63,500 MiRealSource-MiMLS
- 2026-05-02 Listed $69,000 MiRealSource-MiMLS
- 2026-05-02 Listed $69,000 REALCOMP
- 2026-05-01 Listing Removed — REALCOMP
- 2026-05-01 Listing Removed — MiRealSource-MiMLS
- 2026-04-24 Price Changed $68,000 MiRealSource-MiMLS
- 2026-04-24 Price Changed $68,000 REALCOMP
- 2026-03-27 Price Changed $69,000 MiRealSource-MiMLS
- 2026-03-26 Price Changed $69,000 REALCOMP
- 2026-03-10 Price Changed $72,000 MiRealSource-MiMLS
- 2026-03-09 Price Changed $72,000 REALCOMP
- 2026-03-01 Relisted — MiRealSource-MiMLS
- 2026-03-01 Listing Removed — MiRealSource-MiMLS
- 2026-02-28 Price Changed $75,000 MiRealSource-MiMLS
- 2026-02-27 Price Changed $75,000 REALCOMP
- 2026-02-13 Price Changed $77,000 MiRealSource-MiMLS
- 2026-02-13 Price Changed $77,000 REALCOMP
- 2025-10-22 Price Changed $79,000 MiRealSource-MiMLS
- 2025-10-22 Price Changed $79,000 REALCOMP
- 2025-09-02 Listed $89,000 REALCOMP
- 2025-09-02 Listed $89,000 MiRealSource-MiMLS
- 2020-04-22 Sold (Public Records) $30,000 Public Records
- 2015-02-24 Sold (MLS) $700 MiRealSource-MiMLS
- 2015-02-24 Sold (MLS) $700 REALCOMP
- 2015-01-22 Listing Removed — REALCOMP
- 2015-01-22 Listing Removed — MiRealSource-MiMLS
- 2014-12-18 Listed $700 REALCOMP
- 2014-12-18 Listed $700 MiRealSource-MiMLS
Property tax history
+14.1%/yrLatest (2025): $2,057 · +1.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…