8909 Burt Rd · Detroit, MI 48228

$67,900

2 bd · 1.0 ba · 908 sqft · SingleFamily public records · 198 Days on market

Built 1947 3,920 sqft lot $75/sqft · 9% below area Est $74k · 9% under

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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 +11.3/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

TENANT OCCUPIED RANCH HOME LOCATED NORTH OF JOY AND WEST OF EVERGREEN. THIS HOME FEATURES A 1 CAR DETACHED GARAGE, COVERED FRONT PORCH, INVITING LIVING ROOM, DINING ROOM, KITCHEN, TWO BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT IS IN A LEASE UNTIL 5/29/26 AND THE RENT IS 1000 PER MONTH. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

Key facts

• Covered front porch
• Ranch home
• Kitchen

Tags

• RANCH HOME
• DETACHED GARAGE
• COVERED FRONT PORCH
• INVITING LIVING ROOM
• DINING ROOM
• KITCHEN

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $68k.

Deal economics

• At list price, monthly cash flow is $284 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $68k).
• Recommended offer: $60k (12.0% below list) — sets the bar for market timing.

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 soft (-2.3%/yr); 363 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 ($31k/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 $469 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 + 0.0% rent growth), your $19k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 198 days — a 12% lower offer ($60k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 8y ago; this cycle's ask has dropped $8k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.7% of price; built in 1947 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $59,752 (12.0% below list)

Questions for the listing agent

1. It's been on market 198 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 1.63% ✓
• Cap rate: 11.30%
• Cash-on-cash: 17.90%
• DSCR: 1.80
• GRM: 5.1

CMA / ARV

• ARV (median comp): $74,248
• List price: $67,900
• Delta: -8.55%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9012 Pierson St	0.09mi	3/1.0 (+1)	910 (+0%)	0mo	$60,000	$66	90
9072 Burt Rd	0.09mi	3/1.0 (+1)	906 (-0%)	2mo	$57,000	$63	89
8277 Stout St	0.51mi	3/1.0 (+1)	879 (-3%)	0mo	$45,000	$51	65
8854 Stout St	0.34mi	3/1.0 (+1)	989 (+9%)	2mo	$66,250	$67	62
9116 Patton St	0.25mi	3/1.0 (+1)	1,029 (+13%)	1mo	$45,000	$44	61
9244 Heyden	0.45mi	2/1.0	801 (-12%)	0mo	$35,000	$44	59
8084 Evergreen Ave	0.74mi	3/1.0 (+1)	909 (+0%)	3mo	$77,000	$85	58
9634 Evergreen Ave	0.74mi	3/1.0 (+1)	912 (+0%)	3mo	$23,000	$25	57
9534 Heyden St	0.58mi	3/1.0 (+1)	960 (+6%)	3mo	$100,000	$104	56
8863 Vaughan St	0.43mi	3/1.0 (+1)	800 (-12%)	4mo	$58,500	$73	52
8234 Patton St	0.50mi	3/1.0 (+1)	1,010 (+11%)	2mo	$60,000	$59	52
7816 Fielding St	0.70mi	3/1.0 (+1)	1,022 (+13%)	2mo	$57,000	$56	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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 5.5%
• Equity multiple: 1.21×
• Total profit: $3,899
• Equity at exit: $10,124

10-year hold

• IRR: 11.5%
• Equity multiple: 1.76×
• Total profit: $14,470
• Equity at exit: $5,871

Cash invested: $19,012 (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 48228

• Rents YoY: -2.3%
• Active inventory: 363
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $1,108 high
• Mortgage (P&I): −$356
• Tax from tax record: −$208 /mo · $2,492/yr
• Insurance: −$28
• HOA: −$0
• Vacancy / Maint / Mgmt: −$233
• Net cashflow: $284

Break-even live

Break-even rent $749

Max offer price $67,900

Occupancy floor 69%

Sensitivity live

Price	-10% $322	-5% $303	+0% $284	+5% $264	+10% $245
Rent	-10% $196	-5% $240	+0% $284	+5% $327	+10% $371
Rate	-1.0pp $318	-0.5pp $301	base $284	+0.5pp $266	+1.0pp $248

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: $16,975
• Closing costs: $2,037
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9059 Burt Rd Detroit, MI	3.0	1.0	980	$1,400	$1.43	44d	1	0.07mi
20921 W Chicago Detroit, MI	2.0	1.0	1000	$950	$0.95	44d	1	0.37mi
9416 Trinity St Detroit, MI	2.0	1.0	1000	$950	$0.95	44d	1	0.37mi
20935 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.37mi
20937 W Chicago Detroit, MI	2.0	1.0	1000	$950	$0.95	44d	1	0.37mi
20945 W Chicago Detroit, MI	2.0	1.0	1000	$950	$0.95	44d	1	0.37mi
20619 W Chicago Detroit, MI	2.0	1.0	950	$1,200	$1.26	44d	1	0.41mi
8270 Trinity St Detroit, MI	3.0	1.0	806	$1,528	$1.90	44d	1	0.42mi
9404 Patton St Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.42mi
9410 Patton St Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.43mi
20547 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.43mi
20545 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.43mi
20541 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.43mi
9401 Fielding St Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.43mi
20529 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.44mi
20550 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.45mi
20522 W Chicago Detroit, MI	2.0	1.0	1000	$950	$0.95	44d	1	0.46mi
20237 W Chicago Detroit, MI	1.0	1.0	650	$850	$1.31	44d	1	0.51mi
8283 Vaughan St Detroit, MI	3.0	1.0	1058	$1,294	$1.22	5d	1	0.59mi
20431 Tireman St Detroit, MI	3.0	1.0	1020	$1,350	$1.32	18d	1	0.69mi
19449 W Chicago St Detroit, MI	3.0	1.5	950	$1,500	$1.58	44d	1	0.80mi
7794 Vaughan St Detroit, MI	3.0	1.0	1000	$1,450	$1.45	17d	1	0.81mi
19301 Joy Rd Apt 1 Detroit, MI	2.0	1.0	750	$1,100	$1.47	44d	1	0.82mi
7411 Stout St Detroit, MI	3.0	1.0	888	$1,428	$1.61	13d	1	0.95mi
7635 Evergreen Ave Detroit, MI	3.0	1.0	690	$1,350	$1.96	44d	1	0.95mi
11652 Fielding St Detroit, MI	3.0	1.0	1000	$1,386	$1.39	44d	1	0.98mi
9090 Stahelin Ave Detroit, MI	2.0	1.0	787	$1,250	$1.59	44d	1	1.09mi
12084 Vaughan St Detroit, MI	3.0	1.0	1000	$1,200	$1.20	17d	1	1.21mi
18401 Joy Rd Unit 8 Detroit, MI	1.0	1.0	600	$875	$1.46	44d	1	1.31mi
7466 W Parkway St Redford, MI	2.0	1.5	672	$1,200	$1.79	3d	1	1.31mi
22330 W Warren Ave Redford Charter Twp, MI	2.0	1.0	750	$1,200	$1.60	44d	1	1.32mi
18450 W Chicago Detroit, MI	1.0–2.0	1.0	687	$1,117	$1.62	2d	15	1.34mi
6980 Town Ln Dearborn Heights, MI	1.0	1.0	600	$895	$1.49	18d	1	1.36mi
8850 Rosemont Ave Detroit, MI	3.0	1.0	933	$1,100	$1.18	18d	1	1.40mi
8451 Rosemont Ave Detroit, MI	3.0	1.0	867	$1,150	$1.33	44d	1	1.41mi
8262 Rosemont Ave Detroit, MI	3.0	1.0	836	$1,200	$1.44	5d	1	1.46mi

Listing history 26 events

1. 2026-06-18
   days on market $67,900 Active 198 DOM
2. 2026-06-17
   days on market $67,900 Active 197 DOM
3. 2026-06-15
   days on market $67,900 Active 195 DOM
4. 2026-06-13
   days on market $67,900 Active 193 DOM
5. 2026-06-13
   pricedays on market $67,900 Active 192 DOM
6. 2026-06-09
   days on market $68,900 Active 189 DOM
7. 2026-06-08
   days on market $68,900 Active 188 DOM
8. 2026-06-07
   days on market $68,900 Active 187 DOM
9. 2026-06-04
   days on market $68,900 Active 184 DOM
10. 2026-06-03
    days on market $68,900 Active 183 DOM
11. 2026-06-01
    days on market $68,900 Active 181 DOM
12. 2026-05-31
    days on market $68,900 Active 180 DOM
13. 2026-05-13
    price $69,900 504-char remark

    Show marketing remark (504 chars)

    TENANT OCCUPIED RANCH HOME LOCATED NORTH OF JOY AND WEST OF EVERGREEN. THIS HOME FEATURES A 1 CAR DETACHED GARAGE, COVERED FRONT PORCH, INVITING LIVING ROOM, DINING ROOM, KITCHEN, TWO BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT IS IN A LEASE UNTIL 5/29/26 AND THE RENT IS 1000 PER MONTH. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

14. 2026-05-12
    price $69,900 504-char remark

    Show marketing remark (504 chars)

    TENANT OCCUPIED RANCH HOME LOCATED NORTH OF JOY AND WEST OF EVERGREEN. THIS HOME FEATURES A 1 CAR DETACHED GARAGE, COVERED FRONT PORCH, INVITING LIVING ROOM, DINING ROOM, KITCHEN, TWO BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT IS IN A LEASE UNTIL 5/29/26 AND THE RENT IS 1000 PER MONTH. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

15. 2026-04-23
    price $71,900 504-char remark

    Show marketing remark (504 chars)

    TENANT OCCUPIED RANCH HOME LOCATED NORTH OF JOY AND WEST OF EVERGREEN. THIS HOME FEATURES A 1 CAR DETACHED GARAGE, COVERED FRONT PORCH, INVITING LIVING ROOM, DINING ROOM, KITCHEN, TWO BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT IS IN A LEASE UNTIL 5/29/26 AND THE RENT IS 1000 PER MONTH. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

16. 2026-04-23
    price $71,900 504-char remark

    Show marketing remark (504 chars)

    TENANT OCCUPIED RANCH HOME LOCATED NORTH OF JOY AND WEST OF EVERGREEN. THIS HOME FEATURES A 1 CAR DETACHED GARAGE, COVERED FRONT PORCH, INVITING LIVING ROOM, DINING ROOM, KITCHEN, TWO BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT IS IN A LEASE UNTIL 5/29/26 AND THE RENT IS 1000 PER MONTH. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

17. 2026-03-24
    price $72,900 504-char remark

    Show marketing remark (504 chars)

    TENANT OCCUPIED RANCH HOME LOCATED NORTH OF JOY AND WEST OF EVERGREEN. THIS HOME FEATURES A 1 CAR DETACHED GARAGE, COVERED FRONT PORCH, INVITING LIVING ROOM, DINING ROOM, KITCHEN, TWO BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT IS IN A LEASE UNTIL 5/29/26 AND THE RENT IS 1000 PER MONTH. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

18. 2026-03-23
    price $72,900 504-char remark

    Show marketing remark (504 chars)

    TENANT OCCUPIED RANCH HOME LOCATED NORTH OF JOY AND WEST OF EVERGREEN. THIS HOME FEATURES A 1 CAR DETACHED GARAGE, COVERED FRONT PORCH, INVITING LIVING ROOM, DINING ROOM, KITCHEN, TWO BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT IS IN A LEASE UNTIL 5/29/26 AND THE RENT IS 1000 PER MONTH. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

19. 2026-01-30
    price $74,900 504-char remark

    Show marketing remark (504 chars)

    TENANT OCCUPIED RANCH HOME LOCATED NORTH OF JOY AND WEST OF EVERGREEN. THIS HOME FEATURES A 1 CAR DETACHED GARAGE, COVERED FRONT PORCH, INVITING LIVING ROOM, DINING ROOM, KITCHEN, TWO BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT IS IN A LEASE UNTIL 5/29/26 AND THE RENT IS 1000 PER MONTH. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

20. 2026-01-29
    price $74,900 504-char remark

    Show marketing remark (504 chars)

    TENANT OCCUPIED RANCH HOME LOCATED NORTH OF JOY AND WEST OF EVERGREEN. THIS HOME FEATURES A 1 CAR DETACHED GARAGE, COVERED FRONT PORCH, INVITING LIVING ROOM, DINING ROOM, KITCHEN, TWO BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT IS IN A LEASE UNTIL 5/29/26 AND THE RENT IS 1000 PER MONTH. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

21. 2025-12-02
    listed $75,900 Active 504-char remark

    Show marketing remark (504 chars)

    TENANT OCCUPIED RANCH HOME LOCATED NORTH OF JOY AND WEST OF EVERGREEN. THIS HOME FEATURES A 1 CAR DETACHED GARAGE, COVERED FRONT PORCH, INVITING LIVING ROOM, DINING ROOM, KITCHEN, TWO BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT IS IN A LEASE UNTIL 5/29/26 AND THE RENT IS 1000 PER MONTH. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

22. 2025-12-02
    listed $75,900 Active 504-char remark

    Show marketing remark (504 chars)

    TENANT OCCUPIED RANCH HOME LOCATED NORTH OF JOY AND WEST OF EVERGREEN. THIS HOME FEATURES A 1 CAR DETACHED GARAGE, COVERED FRONT PORCH, INVITING LIVING ROOM, DINING ROOM, KITCHEN, TWO BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT IS IN A LEASE UNTIL 5/29/26 AND THE RENT IS 1000 PER MONTH. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

23. 2019-02-19
    historical
24. 2019-02-19
    historical
25. 2018-11-26
    listed $24,900
26. 2018-11-26
    listed $24,900 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: $2,492 · $208/mo
• Projected year-2 tax: $2,492 · $208/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 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥99°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

Taxation est. · year 1

• Rental income: $13,300
• − Mortgage interest: −$3,803
• − Property taxes: −$2,492
• − Insurance: −$340
• − Repairs & maintenance: −$1,064
• − Management: −$1,064
• − Depreciation: −$1,975
• Taxable income: $2,561
• Est. tax owed @ 24.0%: −$615
• After-tax cash flow: $2,788/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

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

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): 50,117
• Household income: $30,680
• Rent vs Own: 50.7% rent · 49.3% own
• Severe rent burden: 4144.0

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 (71%)
• Race & ethnicity: Black 71% White 16% Two or more races 7% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Arab 2% Romanian 2% Lithuanian 1%
• Foreign-born: 11% · Canada
• Languages at home: 82% English-only · Arabic 11% Spanish 5%

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: ▼ -160.81%
• Current HPI: 168.6843
• Rent YoY: ▼ -2.30%
• 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

+180.7% since first listed

14 events — show timeline

• 2026-05-13 Price Changed $69,900 MiRealSource-MiMLS
• 2026-05-12 Price Changed $69,900 REALCOMP
• 2026-04-23 Price Changed $71,900 MiRealSource-MiMLS
• 2026-04-23 Price Changed $71,900 REALCOMP
• 2026-03-24 Price Changed $72,900 MiRealSource-MiMLS
• 2026-03-23 Price Changed $72,900 REALCOMP
• 2026-01-30 Price Changed $74,900 MiRealSource-MiMLS
• 2026-01-29 Price Changed $74,900 REALCOMP
• 2025-12-02 Listed $75,900 REALCOMP
• 2025-12-02 Listed $75,900 MiRealSource-MiMLS
• 2019-02-19 Listing Removed — MiRealSource-MiMLS
• 2019-02-19 Listing Removed — REALCOMP
• 2018-11-26 Listed $24,900 MiRealSource-MiMLS
• 2018-11-26 Listed $24,900 REALCOMP

Property tax history

+12.3%/yr

Latest (2025): $2,492 · +28.4% YoY. Source: county tax records.