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B Composite 71.73
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 +28.3/30.0
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +7.7/10.0
  • 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

$114,900

19457 Littlefield St · Detroit, MI 48235
3 bd · 1.5 ba · 1,551 sqft · SingleFamily public records · 42 Days on market
Built 1940 4,792 sqft lot Est $141k · 19% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Beautiful 2-story brick home in Blackstone Park. This 3 bedroom 2 1/2 bathroom home has been remodeled from top to bottom! It offers a family room, finished basement and a large backyard. Close to freeways and downtown Detroit, this home is a gem with tons of historic charm! Central air unit to be installed prior to closing.

Key facts

  • 4,792 sq ft lot
  • Built 1940
  • Listed 42 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.5-bath single-family listed at $115k.

Deal economics

  • At list price, monthly cash flow is $368 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $115k).
  • Recommended offer: $111k (3.0% 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 rising (+3.2%/yr); 283 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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 44% 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 $794 of loan paydown is wiped out by about $3k 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 + 3.2% rent growth), your $32k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 42 days — a 3% lower offer ($111k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 7y 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.

Risks & watch-outs

  • Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $111,453 (3.0% below list)

Questions for the listing agent

  1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  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
1.27%
Cap rate
10.14%
Cash-on-cash
13.74%
DSCR
1.61
GRM
6.6

CMA / ARV

ARV (on-the-fly)
$141,141
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
20100 Appoline St 0.46mi 3/1.5 1,500 (-3%) 2mo $90,000 $60 72
13517 Pembroke Ave 0.21mi 3/1.5 1,386 (-11%) 4mo $92,000 $66 70
18927 Stansbury St 0.54mi 3/2.0 1,523 (-2%) 1mo $98,000 $64 69
20164 Tracey St 0.47mi 3/1.5 1,461 (-6%) 2mo $115,000 $79 67
19360 Strathmoor St 0.58mi 3/1.5 1,596 (+3%) 3mo $145,000 $91 66
20031 Ardmore St 0.52mi 2/1.5 (-1) 1,500 (-3%) 2mo $105,000 $70 64
18714 Appoline St 0.54mi 3/1.5 1,623 (+5%) 4mo $162,500 $100 64
20187 Appoline St 0.51mi 3/1.5 1,657 (+7%) 4mo $110,000 $66 62
19505 Tracey St 0.23mi 3/2.0 1,765 (+14%) 4mo $188,000 $107 61
18921 Lesure St 0.51mi 3/1.0 1,706 (+10%) 3mo $215,000 $126 55
19445 Hubbell St 0.66mi 3/1.0 1,660 (+7%) 2mo $165,000 $99 54
19943 Monte Vista St 0.50mi 3/2.0 1,760 (+14%) 2mo $185,000 $105 51

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

5-year hold
IRR
4.2%
Equity multiple
1.16×
Total profit
$5,220
Equity at exit
$17,132
10-year hold
IRR
13.9%
Equity multiple
2.13×
Total profit
$36,322
Equity at exit
$9,934

Cash invested: $32,172 (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.

ZIP-level market 48235

Rents YoY
3.2%
Active inventory
283
Price-to-rent
6.6×

Monthly cashflow live

Estimated rent
$1,455 high interval (Pro) →
Mortgage (P&I)
$603
Tax from tax record
$131 /mo · $1,568/yr
Insurance
$48
HOA
$0
Vacancy / Maint / Mgmt
$306
Net cashflow
$368

Break-even live

Break-even rent $989
Max offer price $114,900
Occupancy floor 70%

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
$28,725
Closing costs
$3,447
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 14 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
20042 Freeland St Detroit, MI 3.0 1.5 1445 $1,400 $0.97 16d 1 0.53mi
20426 Tracey St Detroit, MI 3.0 1.0 1200 $1,200 $1.00 24d 1 0.54mi
18257 Mark Twain St Detroit, MI 3.0 1.0 1185 $1,507 $1.27 16d 1 0.94mi
18964 Coyle St Detroit, MI 3.0 1.0 1300 $1,350 $1.04 2d 1 0.96mi
20185 Indiana St Detroit, MI 2.0 1.5 1096 $1,275 $1.16 43d 1 1.04mi
20009 Wisconsin St Detroit, MI 3.0 1.5 1051 $1,400 $1.33 17d 1 1.05mi
18935 Indiana St Detroit, MI 3.0 1.0 1248 $1,523 $1.22 4d 1 1.05mi
19986 Cherrylawn St Detroit, MI 4.0 1.5 1144 $1,700 $1.49 17d 1 1.18mi
17540 Pinehurst St Detroit, MI 3.0 1.0 1200 $1,395 $1.16 43d 1 1.18mi
20110 Northlawn St Detroit, MI 3.0 1.0 1100 $1,350 $1.23 17d 1 1.26mi
18481 Prest St Detroit, MI 3.0 1.5 1100 $1,300 $1.18 19d 1 1.26mi
21850 Coolidge Hwy #203 Oak Park, MI 3.0 2.0 1100 $1,700 $1.55 4d 1 1.35mi
18675 Forrer St Detroit, MI 3.0 1.0 1200 $1,225 $1.02 4d 1 1.39mi
19503 Mansfield St Detroit, MI 3.0 1.0 1200 $1,350 $1.12 16d 1 1.47mi

Listing history 33 events

  1. 2025-06-27
    status Pending
  2. 2025-03-25
    historical
  3. 2024-12-17
    status Pending
  4. 2022-09-23
    status Pending
  5. 2022-07-28
    historical
  6. 2022-06-15
    status Pending
  7. 2022-04-12
    historical
  8. 2021-10-15
    status Pending
  9. 2021-07-13
    historical
  10. 2021-04-16
    status Pending
  11. 2021-04-13
    historical
  12. 2021-02-12
    status Pending
  13. 2021-02-09
    historical
  14. 2021-01-15
    status Pending
  15. 2021-01-13
    historical
  16. 2020-06-26
    status Pending
  17. 2020-05-05
    historical
  18. 2019-10-29
    soldstatus $120,000
  19. 2019-09-07
    status Pending 326-char remark
    Show marketing remark (326 chars)

    Beautiful 2-story brick home in Blackstone Park. This 3 bedroom 2 1/2 bathroom home has been remodeled from top to bottom! It offers a family room, finished basement and a large backyard. Close to freeways and downtown Detroit, this home is a gem with tons of historic charm! Central air unit to be installed prior to closing.

  20. 2019-09-07
    status Pending
    Show marketing remark (326 chars)

    Beautiful 2-story brick home in Blackstone Park. This 3 bedroom 2 1/2 bathroom home has been remodeled from top to bottom! It offers a family room, finished basement and a large backyard. Close to freeways and downtown Detroit, this home is a gem with tons of historic charm! Central air unit to be installed prior to closing.

  21. 2019-08-19
    price $114,900 326-char remark
    Show marketing remark (326 chars)

    Beautiful 2-story brick home in Blackstone Park. This 3 bedroom 2 1/2 bathroom home has been remodeled from top to bottom! It offers a family room, finished basement and a large backyard. Close to freeways and downtown Detroit, this home is a gem with tons of historic charm! Central air unit to be installed prior to closing.

  22. 2019-08-19
    price $117,500 326-char remark
    Show marketing remark (326 chars)

    Beautiful 2-story brick home in Blackstone Park. This 3 bedroom 2 1/2 bathroom home has been remodeled from top to bottom! It offers a family room, finished basement and a large backyard. Close to freeways and downtown Detroit, this home is a gem with tons of historic charm! Central air unit to be installed prior to closing.

  23. 2019-08-19
    price $114,900
    Show marketing remark (326 chars)

    Beautiful 2-story brick home in Blackstone Park. This 3 bedroom 2 1/2 bathroom home has been remodeled from top to bottom! It offers a family room, finished basement and a large backyard. Close to freeways and downtown Detroit, this home is a gem with tons of historic charm! Central air unit to be installed prior to closing.

  24. 2019-08-19
    price $117,500
    Show marketing remark (326 chars)

    Beautiful 2-story brick home in Blackstone Park. This 3 bedroom 2 1/2 bathroom home has been remodeled from top to bottom! It offers a family room, finished basement and a large backyard. Close to freeways and downtown Detroit, this home is a gem with tons of historic charm! Central air unit to be installed prior to closing.

  25. 2019-08-15
    price $117,900 326-char remark
    Show marketing remark (326 chars)

    Beautiful 2-story brick home in Blackstone Park. This 3 bedroom 2 1/2 bathroom home has been remodeled from top to bottom! It offers a family room, finished basement and a large backyard. Close to freeways and downtown Detroit, this home is a gem with tons of historic charm! Central air unit to be installed prior to closing.

  26. 2019-08-15
    price $117,900
    Show marketing remark (326 chars)

    Beautiful 2-story brick home in Blackstone Park. This 3 bedroom 2 1/2 bathroom home has been remodeled from top to bottom! It offers a family room, finished basement and a large backyard. Close to freeways and downtown Detroit, this home is a gem with tons of historic charm! Central air unit to be installed prior to closing.

  27. 2019-07-27
    listed $119,999 Active
    Show marketing remark (326 chars)

    Beautiful 2-story brick home in Blackstone Park. This 3 bedroom 2 1/2 bathroom home has been remodeled from top to bottom! It offers a family room, finished basement and a large backyard. Close to freeways and downtown Detroit, this home is a gem with tons of historic charm! Central air unit to be installed prior to closing.

  28. 2019-07-27
    listed $119,999 Active 326-char remark
    Show marketing remark (326 chars)

    Beautiful 2-story brick home in Blackstone Park. This 3 bedroom 2 1/2 bathroom home has been remodeled from top to bottom! It offers a family room, finished basement and a large backyard. Close to freeways and downtown Detroit, this home is a gem with tons of historic charm! Central air unit to be installed prior to closing.

  29. 2019-05-15
    soldstatus $71,500 Sold 478-char remark
    Show marketing remark (478 chars)

    Gorgeous 2-story brick home in Blackstone Park. Don't miss your opportunity to own an affordable home in Detroit's stable west-side. Close to suburbs, close to freeways, and close to hospitals, shopping, and Detroit Achievement Academy - this home is a gem. Schedule your tour today to see the hardwood floors, historic charm, and spacious back yard. This one is move-in-ready and awaiting your perfect touches to make it beautiful. Contact the listing agent with any questions.

  30. 2019-04-17
    status Pending
    Show marketing remark (478 chars)

    Gorgeous 2-story brick home in Blackstone Park. Don't miss your opportunity to own an affordable home in Detroit's stable west-side. Close to suburbs, close to freeways, and close to hospitals, shopping, and Detroit Achievement Academy - this home is a gem. Schedule your tour today to see the hardwood floors, historic charm, and spacious back yard. This one is move-in-ready and awaiting your perfect touches to make it beautiful. Contact the listing agent with any questions.

  31. 2019-04-17
    status Pending 478-char remark
    Show marketing remark (478 chars)

    Gorgeous 2-story brick home in Blackstone Park. Don't miss your opportunity to own an affordable home in Detroit's stable west-side. Close to suburbs, close to freeways, and close to hospitals, shopping, and Detroit Achievement Academy - this home is a gem. Schedule your tour today to see the hardwood floors, historic charm, and spacious back yard. This one is move-in-ready and awaiting your perfect touches to make it beautiful. Contact the listing agent with any questions.

  32. 2019-04-11
    listed $75,000 Active 478-char remark
    Show marketing remark (478 chars)

    Gorgeous 2-story brick home in Blackstone Park. Don't miss your opportunity to own an affordable home in Detroit's stable west-side. Close to suburbs, close to freeways, and close to hospitals, shopping, and Detroit Achievement Academy - this home is a gem. Schedule your tour today to see the hardwood floors, historic charm, and spacious back yard. This one is move-in-ready and awaiting your perfect touches to make it beautiful. Contact the listing agent with any questions.

  33. 2019-04-11
    listed $75,000 Active
    Show marketing remark (478 chars)

    Gorgeous 2-story brick home in Blackstone Park. Don't miss your opportunity to own an affordable home in Detroit's stable west-side. Close to suburbs, close to freeways, and close to hospitals, shopping, and Detroit Achievement Academy - this home is a gem. Schedule your tour today to see the hardwood floors, historic charm, and spacious back yard. This one is move-in-ready and awaiting your perfect touches to make it beautiful. Contact the listing agent with any questions.

ⓘ 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
$1,568 · $131/mo
Projected year-2 tax
$1,669 · $139/mo
Expected delta
+$101/yr (+$8/mo · 6.4%)

ⓘ 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 ≥97°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

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$17,459
− Mortgage interest
−$6,436
− Property taxes
−$1,568
− Insurance
−$574
− Repairs & maintenance
−$1,397
− Management
−$1,397
− Depreciation
−$3,343
Taxable income
$2,745
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$659
After-tax cash flow
$3,761/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)
45,600
Household income
$39,265
Rent vs Own
46.5% rent · 53.5% 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

Price history

+60.0% since first listed
33 events — show timeline
  • 2025-06-27 Pending REALCOMP
  • 2025-03-25 Listing Removed REALCOMP
  • 2024-12-17 Pending REALCOMP
  • 2022-09-23 Pending REALCOMP
  • 2022-07-28 Listing Removed REALCOMP
  • 2022-06-15 Pending REALCOMP
  • 2022-04-12 Listing Removed REALCOMP
  • 2021-10-15 Pending REALCOMP
  • 2021-07-13 Listing Removed REALCOMP
  • 2021-04-16 Pending REALCOMP
  • 2021-04-13 Listing Removed REALCOMP
  • 2021-02-12 Pending REALCOMP
  • 2021-02-09 Listing Removed REALCOMP
  • 2021-01-15 Pending REALCOMP
  • 2021-01-13 Listing Removed REALCOMP
  • 2020-06-26 Pending REALCOMP
  • 2020-05-05 Listing Removed REALCOMP
  • 2019-10-29 Sold (Public Records) $120,000 Public Records
  • 2019-09-07 Pending MiRealSource-MiMLS
  • 2019-09-07 Pending REALCOMP
  • 2019-08-19 Price Changed $114,900 MiRealSource-MiMLS
  • 2019-08-19 Price Changed $117,500 MiRealSource-MiMLS
  • 2019-08-19 Price Changed $114,900 REALCOMP
  • 2019-08-19 Price Changed $117,500 REALCOMP
  • 2019-08-15 Price Changed $117,900 MiRealSource-MiMLS
  • 2019-08-15 Price Changed $117,900 REALCOMP
  • 2019-07-27 Listed $119,999 MiRealSource-MiMLS
  • 2019-07-27 Listed $119,999 REALCOMP
  • 2019-05-15 Sold (MLS) $71,500 REALCOMP
  • 2019-04-17 Pending MiRealSource-MiMLS
  • 2019-04-17 Pending REALCOMP
  • 2019-04-11 Listed $75,000 MiRealSource-MiMLS
  • 2019-04-11 Listed $75,000 REALCOMP

Property tax history

-1.6%/yr

Latest (2025): $1,568 · -39.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…