38053 Orleans · Clinton, MI 48038

$39,900

2 bd · 2.0 ba · 960 sqft · SingleFamily · 128 Days on market

Built 2025 Good condition $42/sqft · 46% below area Est $74k · 46% 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 +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.0/10.0
• Condition / age +4.0/5.0
• Livability +3.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

Soak up the season in this bright and inviting two bedroom, two bathroom home. Filled with natural light, modern touches, and a flowing layout, this home offers the perfect setting for everything from laid back mornings to summer get togethers. The kitchen is ready for it all, featuring a functional island, modern appliances, and plenty of space for cooking, dining, or catching up over your favorite meal. Generous closet space helps keep things organized, while the dedicated laundry area adds everyday convenience. The primary bedroom includes a private ensuite full bathroom with a tub, creating a comfortable place to unwind.

Key facts

• Modern appliances
• Ample closet space
• Functional island

Tags

• FUNCTIONAL ISLAND
• MODERN APPLIANCES
• AMPLE CLOSET SPACE
• DEDICATED LAUNDRY AREA
• ENSUITE FULL BATHROOM
• SECOND FULL BATHROOM

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $40k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $762 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $40k).
• Recommended offer: $35k (12.0% below list) — sets the bar for market timing.
• Cap rate 29.2% vs local median 3.2% in Clinton — 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 70/100 on livability (#315 in MI) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• Chippewa Valley Schools (suburban): math 39% / reading 50% proficiency, ranked #133 of 540 in MI (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-0.9%/yr); 259 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 27d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,321 units permitted in Macomb County in 2024 (86 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $276 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Macomb County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $11k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 128 days — a 12% lower offer ($35k) is reasonable based on typical stale-listing flexibility.

Recommended offer $35,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 128 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 3.29% ✓
• Cap rate: 29.20%
• Cash-on-cash: 81.80%
• DSCR: 4.64
• GRM: 2.5

CMA / ARV

• ARV (median comp): $73,642
• List price: $39,900
• Delta: -45.82%
• Verdict: UNDERPRICED
• Comps: 8 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15995 Villaire Ave	0.19mi	2/2.0	1,000 (+4%)	1mo	$35,000	$35	83
38568 Capetown Ct	0.71mi	2/1.5	960 (0%)	1mo	$177,000	$184	64
38924 E Windmill Pointe Dr	0.62mi	2/1.0	940 (-2%)	0mo	$195,000	$207	64
38718 Barnstable Ln	0.80mi	2/1.5	960 (0%)	0mo	$165,000	$172	63
38969 Golfview Dr W	0.96mi	2/1.5	966 (+1%)	1mo	$172,000	$178	61
15376 Enchante Dr	0.37mi	3/2.0 (+1)	1,056 (+10%)	0mo	$56,000	$53	60
37102 Aberdeen Dr #10	1.37mi	2/2.0	984 (+2%)	0mo	$122,500	$124	60
38726 Golfview Dr #23	0.92mi	2/1.5	1,000 (+4%)	0mo	$185,000	$185	56
38951 E Golfview Dr	0.94mi	2/1.5	1,000 (+4%)	1mo	$170,000	$170	56
14140 Merriweather St	1.32mi	2/2.0	884 (-8%)	1mo	$118,000	$133	51
13900 Camelot Dr #84	1.43mi	2/1.5	884 (-8%)	1mo	$120,000	$136	49
13900 Camelot Dr #84	1.43mi	2/1.5	884 (-8%)	1mo	$120,000	$136	49

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: 78.6%
• Equity multiple: 4.42×
• Total profit: $38,211
• Equity at exit: $5,949

10-year hold

• IRR: 81.4%
• Equity multiple: 8.24×
• Total profit: $80,940
• Equity at exit: $3,450

Cash invested: $11,172 (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.

Methodology + full state rankings →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 32 active
• Months of supply: 192.0 mo (1%/mo absorbed)
• Median asking: $56,900 ($56/sqft)
• Median days on market: 107 d
• This list price: 19% of active listings are priced below it
• ARV vs active asking: +37.5% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 48038

• Rents YoY: -0.9%
• Active inventory: 259
• Price-to-rent: 2.5×

Monthly cashflow live

• Estimated rent: $1,313 high
• Mortgage (P&I): −$209
• Tax est. 1.5%: −$50 /mo · $598/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $762

Break-even live

Break-even rent $349

Max offer price $39,900

Occupancy floor 37%

Sensitivity live

Price	-10% $789	-5% $775	+0% $762	+5% $748	+10% $734
Rent	-10% $658	-5% $710	+0% $762	+5% $813	+10% $865
Rate	-1.0pp $782	-0.5pp $772	base $762	+0.5pp $751	+1.0pp $741

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: $9,975
• Closing costs: $1,197
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
38053 Orleans St Unit 124 Clinton Township, MI	2.0	2.0	960	$1,249	$1.30	42d	1	0.02mi
16158 Frontenac Ave Unit 144 Clinton Township, MI	3.0	2.0	1056	$1,399	$1.32	8d	1	0.05mi
16152 Notre Dame St Unit 199 Clinton Township, MI	2.0	2.0	960	$1,249	$1.30	42d	1	0.07mi
16172 Frontenac Ave Unit 147 Clinton Twp, MI	3.0	2.0	1056	$1,399	$1.32	26d	1	0.07mi
38105 Orleans St Unit 114 Clinton Township, MI	2.0	2.0	960	$1,219	$1.27	0d	1	0.08mi
38017 Le Chateau Blvd Unit 285 Clinton Township, MI	2.0	2.0	960	$1,229	$1.28	0d	1	0.08mi
16151 Notre Dame St Unit 245 Clinton Township, MI	2.0	2.0	960	$1,229	$1.28	15d	1	0.09mi
16218 Frontenac Ave Unit 162 Clinton Township, MI	3.0	2.0	1056	$1,399	$1.32	14d	1	0.12mi
16142 Normandy St Unit 249 Clinton Township, MI	2.0	2.0	960	$1,229	$1.28	26d	1	0.12mi
38013 Chilver Ave Unit 381 Clinton Township, MI	2.0	2.0	960	$1,399	$1.46	93d	1	0.12mi
16196 Notre Dame St Unit 210 Clinton Township, MI	3.0	2.0	1056	$1,449	$1.37	42d	1	0.12mi
16137 Normandy St Unit 98 Clinton Township, MI	2.0	2.0	1056	$1,229	$1.16	17d	1	0.13mi
16035 Villaire Ave Unit 688 Clinton Township, MI	2.0	2.0	960	$1,399	$1.46	93d	1	0.14mi
16208 Notre Dame St Unit 213 Clinton Township, MI	3.0	2.0	1056	$1,549	$1.47	0d	1	0.15mi
16016 Villaire Ave Unit 402 Clinton Township, MI	2.0	2.0	960	$1,249	$1.30	42d	1	0.16mi
16161 Normandy St Unit 92 Clinton Township, MI	2.0	2.0	960	$1,229	$1.28	0d	1	0.16mi
38029 Versailles St Unit 49 Clinton Township, MI	2.0	2.0	960	$1,229	$1.28	26d	1	0.17mi
38060 Leverette Ave Unit 435 Clinton Township, MI	3.0	2.0	1056	$1,399	$1.32	14d	1	0.17mi
16011 Villaire Ave Unit 682 Clinton Township, MI	2.0	2.0	960	$1,229	$1.28	26d	1	0.17mi
38055 Leverette Ave Unit 491 Clinton Township, MI	2.0	2.0	960	$1,229	$1.28	26d	1	0.19mi
38019 Leverette Ave Unit 500 Clinton Township, MI	2.0	2.0	960	$1,229	$1.28	26d	1	0.20mi
15868 Marentette Dr Unit 339 Clinton Township, MI	2.0	2.0	960	$1,229	$1.28	26d	1	0.23mi
38099 Johannes Dr Unit 550 Clinton Township, MI	3.0	2.0	924	$1,399	$1.51	0d	1	0.23mi
15974 Villaire Ave Unit 445 Clinton Township, MI	2.0	1.0	768	$1,199	$1.56	26d	1	0.23mi
15836 Croatia Dr Unit 544 Clinton Township, MI	2.0	1.0	840	$1,349	$1.61	93d	1	0.23mi
15929 Villaire Ave Unit 668 Clinton Twp, MI	3.0	2.0	1056	$1,399	$1.32	21d	1	0.25mi
15856 Marentette Dr Unit 336 Clinton Township, MI	2.0	2.0	960	$1,229	$1.28	26d	1	0.25mi
15962 Villaire Ave Unit 448 Clinton Township, MI	2.0	2.0	960	$1,229	$1.28	14d	1	0.26mi
38056 Johannes Dr Unit 524 Clinton Township, MI	3.0	2.0	1056	$1,399	$1.32	26d	1	0.26mi
15881 Villaire Ave Unit 658 Clinton Township, MI	2.0	2.0	960	$1,229	$1.28	26d	1	0.27mi
15835 Marentette Dr Unit 512 Clinton Township, MI	2.0	2.0	960	$1,399	$1.46	93d	1	0.28mi
38044 Johannes Dr Unit 521 Clinton Township, MI	2.0	2.0	960	$1,229	$1.28	26d	1	0.28mi
38100 Ducharme Dr Unit 476 Clinton Township, MI	3.0	2.0	1056	$1,399	$1.32	26d	1	0.28mi
15882 Villaire Ave Unit 455 Clinton Township, MI	2.0	2.0	960	$1,229	$1.28	0d	1	0.29mi
38049 Ducharme Dr Unit 608 Clinton Township, MI	3.0	2.0	1056	$1,399	$1.32	0d	1	0.31mi
38136 Ducharme Dr Unit 467 Clinton Township, MI	3.0	2.0	1056	$1,399	$1.32	0d	1	0.31mi
38033 Ducharme Dr Unit 604 Clinton Twp, MI	2.0	2.0	960	$1,499	$1.56	93d	1	0.32mi
15811 Villaire Ave Unit 643 Clinton Township, MI	2.0	2.0	960	$1,399	$1.46	93d	1	0.32mi
38051 Saint Tropez Dr Unit 990 Clinton Township, MI	3.0	2.0	1120	$1,549	$1.38	52d	1	0.35mi
38171 Ducharme Dr Unit 639 Clinton Township, MI	2.0	2.0	960	$1,399	$1.46	0d	1	0.36mi

Property features AI

Finance

• Other: Living area approximately 960Spec inventory (new construction)List price $54,900

Exterior

• Home design: Single section, 2 bed 2 bath plan

Interior

• Bedrooms: 2 bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: DishwasherDisposalRefrigerator

Listing history 46 events

1. 2026-08-08
   days on market $39,900 Active 128 DOM
2. 2026-08-06
   days on market $39,900 Active 126 DOM
3. 2026-08-05
   days on market $39,900 Active 125 DOM
4. 2026-08-04
   days on market $39,900 Active 124 DOM
5. 2026-08-03
   days on market $39,900 Active 123 DOM
6. 2026-07-31
   days on market $39,900 Active 120 DOM
7. 2026-07-30
   days on market $39,900 Active 118 DOM
8. 2026-07-28
   days on market $39,900 Active 117 DOM
9. 2026-07-26
   days on market $39,900 Active 115 DOM
10. 2026-07-24
    days on market $39,900 Active 113 DOM
11. 2026-07-23
    days on market $39,900 Active 112 DOM
12. 2026-07-22
    days on market $39,900 Active 111 DOM
13. 2026-07-21
    days on market $39,900 Active 110 DOM
14. 2026-07-20
    days on market $39,900 Active 109 DOM
15. 2026-07-18
    days on market $39,900 Active 107 DOM
16. 2026-07-18
    days on market $39,900 Active 106 DOM
17. 2026-07-16
    days on market $39,900 Active 105 DOM
18. 2026-07-15
    days on market $39,900 Active 104 DOM
19. 2026-07-14
    days on market $39,900 Active 103 DOM
20. 2026-07-13
    days on market $39,900 Active 102 DOM
21. 2026-07-13
    days on market $39,900 Active 101 DOM
22. 2026-07-11
    days on market $39,900 Active 100 DOM
23. 2026-07-10
    days on market $39,900 Active 99 DOM
24. 2026-07-09
    pricedays on market $39,900 Active 98 DOM
25. 2026-07-07
    days on market $49,900 Active 96 DOM
26. 2026-07-06
    days on market $49,900 Active 95 DOM
27. 2026-07-06
    days on market $49,900 Active 94 DOM
28. 2026-07-05
    days on market $49,900 Active 93 DOM
29. 2026-07-03
    days on market $49,900 Active 92 DOM
30. 2026-07-02
    days on market $49,900 Active 91 DOM
31. 2026-07-01
    days on market $49,900 Active 90 DOM
32. 2026-06-30
    days on market $49,900 Active 89 DOM
33. 2026-06-29
    days on market $49,900 Active 88 DOM
34. 2026-06-28
    days on market $49,900 Active 87 DOM
35. 2026-06-27
    pricedays on market $49,900 Active 86 DOM
36. 2026-06-26
    days on market $54,900 Active 85 DOM
37. 2026-06-24
    days on market $54,900 Active 83 DOM
38. 2026-06-22
    days on market $54,900 Active 81 DOM
39. 2026-06-21
    days on market $54,900 Active 80 DOM
40. 2026-06-18
    days on market $54,900 Active 77 DOM
41. 2026-06-17
    days on market $54,900 Active 76 DOM
42. 2026-06-16
    days on market $54,900 Active 75 DOM
43. 2026-06-15
    days on market $54,900 Active 74 DOM
44. 2026-06-13
    days on market $54,900 Active 72 DOM
45. 2026-06-13
    remarks 699-char remark
46. 2026-06-13
    listed $54,900 Active 71 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $15,757
• − Mortgage interest: −$2,235
• − Property taxes: −$598
• − Insurance: −$200
• − Repairs & maintenance: −$1,261
• − Management: −$1,261
• − Depreciation: −$1,161
• Taxable income: $9,042
• Est. tax owed @ 24.0%: −$2,170
• After-tax cash flow: $6,969/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.

Condition & rehab AI · 13 photos

Good 80/100 Cosmetic rehab Est. rehab $4,800–$14,400 screening

This two-bedroom, two-bathroom home is in good condition with modern appliances and a good layout. It's ready for move-in and could benefit from some exterior painting and landscaping to further enhance its value.

Value-add opportunities

• Both Painting the exterior — Fresh paint can enhance curb appeal and value ↑
• Both Landscaping improvements — A well-maintained yard can increase both resale and rental value ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

Schools (NCES district)

• District: Chippewa Valley Schools
• NCES district ID: 2609570
• Math proficiency: 39% ▼ -10.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $64,964
• Composite: 39.61/100
• National rank: #3922
• State rank: #133 of 540 in MI

B Composite livability gradescore 70/100

Livability — Clinton

• Score: 70/100
• State rank: #315
• US rank: #7703

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Macomb County · 925,296 people
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 44,422
• Household income: $78,567
• Rent vs Own: 37.7% rent · 62.3% own
• Severe rent burden: 10% of renters

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Population outlook (Macomb County) Hauer SSP2

• Today (2025): 925,296 people
• By 2030: 948,226 · +2.5%
• By 2040: 983,961 · +6.3%
• By 2050: 1,010,200 · +9.2%
• By 2075: 1,076,222 · +16.3%
• By 2100: 1,077,065 · +16.4%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Black 11% Two or more races 7% Asian 3% Hispanic / Latino 2%
• Common ancestry: Romanian 16% Lithuanian 3% Iranian 2%
• Foreign-born: 11% · Canada, Vietnam
• Languages at home: 86% English-only · Other Indo-European 5% Russian/Polish/Slavic 2% Arabic 2%

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Political lean MEDSL · Macomb

• 2024 margin: R (+13.7) · D 42.2% · R 55.9% · Other 1.9%
• 2008→2024 swing: -22.3pp toward R · 2008: 8.6pp · 2024: -13.7pp
• All cycles: 2024: R+13.7 2020: R+8.1 2016: R+11.6 2012: D+4.0 2008: D+8.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -212.31%
• Current HPI: 261.3877
• Rent YoY: ▼ -0.92%
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

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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

Property features AI

Finance

• Other: Living area approximately 960Spec inventory (new construction)List price $54,900

Exterior

• Home design: Single section, 2 bed 2 bath plan

Interior

• Bedrooms: 2 bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: DishwasherDisposalRefrigerator