16101 Bramell St · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- 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 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 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
- 3 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
- DSCR +10.0/10.0
- 1% rule +9.2/10.0
- ARV discount +7.5/15.0
- Rent growth +4.5/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$90,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to 16101 Bramell St a nicely updated 3-bedroom, 1-bath home offering great value in Detroit. Features include updated flooring, fresh paint, a remodeled bathroom with modern tile, and a clean, functional layout. Bright kitchen with updated cabinetry and countertops. Full basement provides additional storage or potential. Ideal for owner-occupants or investors seeking an affordable, move-in ready property. Schedule your showing today.
Key facts
- Bright kitchen
- Remodeled bathroom
- Full basement
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $90k.
Deal economics
- At list price, monthly cash flow is $375 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $90k).
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 fast (+8.0%/yr); 305 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% 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 35% of the median local income ($44k/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 $622 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 + 8.0% rent growth), your $25k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
- 3 sale attempts since 20y 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.
- Current owner paid $18k; list at $90k implies a 403% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1946 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1946 — 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 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
- 1.42% ✓
- Cap rate
- 11.29%
- Cash-on-cash
- 17.83%
- DSCR
- 1.79
- GRM
- 5.9
CMA / ARV
- ARV (median comp)
- $49,057
- List price
- $90,000
- Delta
- 83.46%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 15900 W Parkway St | 0.11mi | 3/1.0 | 1,000 (-0%) | 9mo | $70,000 | $70 | 87 |
| 16165 W Parkway St | 0.13mi | 3/1.0 | 1,022 (+2%) | 5mo | $50,000 | $49 | 87 |
| 15757 Dacosta St | 0.29mi | 3/1.0 | 960 (-4%) | 2mo | $65,000 | $68 | 78 |
| 16555 Bramell St | 0.15mi | 3/1.0 | 918 (-9%) | 3mo | $60,000 | $65 | 76 |
| 15885 Beaverland St | 0.10mi | 3/2.0 | 1,100 (+10%) | 3mo | $51,500 | $47 | 73 |
| 22482 W Mcnichols Rd | 0.48mi | 3/1.5 | 1,031 (+3%) | 2mo | $61,000 | $59 | 69 |
| 15411 Lahser Rd | 0.57mi | 3/2.0 | 1,025 (+2%) | 4mo | $42,000 | $41 | 63 |
| 16836 Beaverland St | 0.37mi | 3/1.0 | 1,100 (+10%) | 6mo | $65,500 | $60 | 62 |
| 17335 Beaverland St | 0.66mi | 3/1.0 | 1,061 (+6%) | 5mo | $81,000 | $76 | 56 |
| 15835 Burgess St | 0.54mi | 3/1.0 | 918 (-9%) | 9mo | $93,000 | $101 | 54 |
| 16157 Wormer St | 0.75mi | 3/2.0 | 1,042 (+4%) | 6mo | $88,000 | $84 | 50 |
| 16565 Woodbine St | 0.70mi | 3/1.0 | 1,105 (+10%) | 2mo | $110,000 | $100 | 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 · 8.0% rent growth · sell at horizon
- IRR
- 14.9%
- Equity multiple
- 1.64×
- Total profit
- $16,034
- Equity at exit
- $13,419
- IRR
- 27.2%
- Equity multiple
- 3.99×
- Total profit
- $75,459
- Equity at exit
- $7,782
Cash invested: $25,200 (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 48219
- Home prices YoY
- -10.3%
- Rents YoY
- 8.0%
- Active inventory
- 305
- Price-to-rent
- 5.9×
Monthly cashflow live
- Estimated rent
- $1,275 high interval (Pro) →
- Mortgage (P&I)
- −$472
- Tax from tax record
- −$124 /mo · $1,483/yr
- Insurance
- −$38
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$268
- Net cashflow
- $375
Break-even live
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
- $22,500
- Closing costs
- $2,700
- 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 |
|---|---|---|---|---|---|---|---|---|
| 15847 Chatham St Detroit, MI | 3.0 | 1.0 | 909 | $1,325 | $1.46 | 5d | 1 | 0.13mi |
| 16700 Lahser Rd Apt 18 Detroit, MI | 2.0 | 1.0 | 750 | $900 | $1.20 | 43d | 1 | 0.47mi |
| 16131 Dale St Detroit, MI | 3.0 | 1.0 | 1100 | $1,500 | $1.36 | 18d | 1 | 0.55mi |
| 16800 Telegraph Rd Detroit, MI | 2.0 | 1.0 | 775 | $875 | $1.13 | 43d | 1 | 0.64mi |
| 17328 McIntyre St Unit 2 Detroit, MI | 3.0 | 1.0 | 1200 | $1,250 | $1.04 | 43d | 1 | 0.64mi |
| 17355 McIntyre St Detroit, MI | 3.0 | 1.0 | 1500 | $1,250 | $0.83 | 43d | 1 | 0.67mi |
| 16207 Woodbine St Detroit, MI | 3.0 | 1.0 | 1000 | $1,294 | $1.29 | 5d | 1 | 0.69mi |
| 16581 Wormer St Detroit, MI | 2.0 | 1.0 | 720 | $1,100 | $1.53 | 43d | 1 | 0.78mi |
| 16800 Wormer St Detroit, MI | 3.0 | 1.0 | 912 | $1,250 | $1.37 | 18d | 1 | 0.79mi |
| 16717 Trinity St Detroit, MI | 3.0 | 1.5 | 1101 | $1,250 | $1.14 | 43d | 1 | 0.86mi |
| 17274 Bentler St #46 Detroit, MI | 2.0 | 1.0 | 700 | $850 | $1.21 | 16d | 1 | 0.90mi |
| 17274 Bentler St Detroit, MI | 2.0 | 1.0 | 700 | $850 | $1.21 | 43d | 2 | 0.90mi |
| 17274 Bentler St Detroit, MI | 2.0 | 1.0 | 700 | $838 | $1.20 | 24d | 2 | 0.90mi |
| 17255 Westbrook St Detroit, MI | 3.0 | 2.0 | 1500 | $1,450 | $0.97 | 11d | 1 | 0.94mi |
| 21440 Bennett St Detroit, MI | 3.0 | 1.0 | 1037 | $1,394 | $1.34 | 16d | 1 | 1.00mi |
| 15490 Dixie Redford, MI | 3.0 | 1.0 | 912 | $1,600 | $1.75 | 5d | 1 | 1.01mi |
| 21451 Glenco St Detroit, MI | 3.0 | 1.0 | 1026 | $1,400 | $1.36 | 16d | 1 | 1.07mi |
| 18025 Bentler St Detroit, MI | 3.0 | 1.0 | 728 | $1,250 | $1.72 | 24d | 1 | 1.07mi |
| 16896 Salem St Detroit, MI | 3.0 | 1.0 | 1150 | $1,300 | $1.13 | 43d | 1 | 1.08mi |
| 22241 Lyndon St Detroit, MI | 3.0 | 1.0 | 960 | $1,100 | $1.15 | 16d | 1 | 1.08mi |
| 15340 Braile St Detroit, MI | 3.0 | 1.0 | 883 | $1,000 | $1.13 | 5d | 1 | 1.13mi |
| 16194 Fielding St Unit 2 Detroit, MI | 2.0 | 1.0 | 750 | $950 | $1.27 | 15d | 1 | 1.14mi |
| 17721 Westbrook St Detroit, MI | 4.0 | 1.0 | 1040 | $1,125 | $1.08 | 24d | 1 | 1.19mi |
| 17324 Salem St Detroit, MI | 2.0 | 1.0 | 989 | $1,200 | $1.21 | 24d | 1 | 1.20mi |
| 21434 Karl St Detroit, MI | 2.0 | 1.0 | 1000 | $1,350 | $1.35 | 43d | 1 | 1.21mi |
| 14280 Bramell St Detroit, MI | 3.0 | 1.0 | 1100 | $1,500 | $1.36 | 16d | 1 | 1.22mi |
| 21455 Pickford St Detroit, MI | 2.0 | 1.0 | 1000 | $1,275 | $1.27 | 43d | 1 | 1.23mi |
| 18302 Wormer St Detroit, MI | 3.0 | 1.0 | 1046 | $1,475 | $1.41 | 43d | 1 | 1.29mi |
| 14268 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $850 | $0.94 | 43d | 1 | 1.35mi |
| 14260 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $900 | $1.00 | 43d | 1 | 1.35mi |
| 14264 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $900 | $1.00 | 43d | 1 | 1.35mi |
| 14262 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $985 | $1.09 | 43d | 1 | 1.35mi |
| 14266 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $900 | $1.00 | 43d | 1 | 1.35mi |
| 15318 Kentfield St Detroit, MI | 3.0 | 1.5 | 900 | $1,400 | $1.56 | 43d | 1 | 1.35mi |
| 14224 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 1.35mi |
| 14222 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 1.35mi |
| 14234 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 1.35mi |
| 14226 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 1.35mi |
| 14230 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 1.35mi |
| 14238 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $900 | $1.00 | 43d | 1 | 1.35mi |
Listing history 15 events
-
2026-06-19days on market $90,000 Active 1 DOM
-
2026-06-13days on market $90,000 Active 179 DOM
-
2026-06-13days on market $90,000 Active 178 DOM
-
2026-06-09days on market $90,000 Active 175 DOM
-
2026-06-08days on market $90,000 Active 174 DOM
-
2026-06-07days on market $90,000 Active 173 DOM
-
2026-06-04days on market $90,000 Active 170 DOM
-
2026-06-03days on market $90,000 Active 169 DOM
-
2026-06-01days on market $90,000 Active 167 DOM
-
2026-05-31days on market $90,000 Active 166 DOM
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2025-12-16$90,000 Active 445-char remark
Show marketing remark (445 chars)
Welcome to 16101 Bramell St a nicely updated 3-bedroom, 1-bath home offering great value in Detroit. Features include updated flooring, fresh paint, a remodeled bathroom with modern tile, and a clean, functional layout. Bright kitchen with updated cabinetry and countertops. Full basement provides additional storage or potential. Ideal for owner-occupants or investors seeking an affordable, move-in ready property. Schedule your showing today.
-
2025-12-16$90,000 Active 445-char remark
Show marketing remark (445 chars)
Welcome to 16101 Bramell St a nicely updated 3-bedroom, 1-bath home offering great value in Detroit. Features include updated flooring, fresh paint, a remodeled bathroom with modern tile, and a clean, functional layout. Bright kitchen with updated cabinetry and countertops. Full basement provides additional storage or potential. Ideal for owner-occupants or investors seeking an affordable, move-in ready property. Schedule your showing today.
-
2006-12-15historical
-
2006-09-16$59,900
-
1993-10-01soldstatus $17,900
ⓘ 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
- $1,483 · $124/mo
- Projected year-2 tax
- $1,483 · $124/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 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 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
- $15,305
- − Mortgage interest
- −$5,041
- − Property taxes
- −$1,483
- − Insurance
- −$450
- − Repairs & maintenance
- −$1,224
- − Management
- −$1,224
- − Depreciation
- −$2,618
- Taxable income
- $3,263
- Est. tax owed @ 24.0%
- −$783
- After-tax cash flow
- $3,711/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)
- 47,208
- Household income
- $43,655
- Rent vs Own
- Severe rent burden
- 3584.0
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 (88%)
- Race & ethnicity
- Black 88% White 5% Two or more races 4% Hispanic / Latino 1%
- Common ancestry
- Romanian 1% Lithuanian 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 96% English-only · Spanish 1% French/Haitian/Cajun 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
- ▼ -65.06%
- Current HPI
- 563.3263
- Rent YoY
- ▲ 8.04%
- 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 |
|
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| Automotive Technology | 1 | $20B |
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Price history
+402.8% since first listed5 events — show timeline
- 2025-12-16 Listed $90,000 MiRealSource-MiMLS
- 2025-12-16 Listed $90,000 REALCOMP
- 2006-12-15 Listing Removed — REALCOMP
- 2006-09-16 Listed $59,900 REALCOMP
- 1993-10-01 Sold (Public Records) $17,900 Public Records
Property tax history
-0.8%/yrLatest (2025): $1,483 · +79.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…