5982 Esther Not Applicable · Romulus, MI
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
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
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Livability +3.0/5.0
- Rent growth +2.5/5.0
- Condition / age +2.2/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$46,100
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
Key facts
- Built 2024
- Listed 776 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $46k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $802 ($10k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $46k).
- Recommended offer: $41k (12.0% below list) — sets the bar for market timing.
- Cap rate 27.2% vs local median 4.2% in Romulus — 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 60/100 on livability (#593 in MI) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: commute D+, schools F, crime F.
- Romulus Community Schools (suburban): math 9% / reading 21% proficiency, ranked #498 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: 215 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $319 of loan paydown is wiped out by about $1k 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 + 3.0% rent growth), your $13k cash investment doubles in ~2 years — after that, you're playing with house money.
Negotiation context
- It's been on market 776 days — a 12% lower offer ($41k) is reasonable based on typical stale-listing flexibility.
- 22 sale attempts since 2y 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.
Questions for the listing agent
- It's been on market 776 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 3.08% ✓
- Cap rate
- 27.18%
- Cash-on-cash
- 74.59%
- DSCR
- 4.32
- GRM
- 2.7
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 74.4%
- Equity multiple
- 4.38×
- Total profit
- $43,654
- Equity at exit
- $6,874
- IRR
- 78.2%
- Equity multiple
- 9.05×
- Total profit
- $103,903
- Equity at exit
- $3,986
Cash invested: $12,908 (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 48174
- Active inventory
- 215
- Price-to-rent
- 2.7×
Monthly cashflow live
- Estimated rent
- $1,419 high interval (Pro) →
- Mortgage (P&I)
- −$242
- Tax est. 1.5%
- −$58 /mo · $692/yr
- Insurance
- −$19
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$298
- Net cashflow
- $802
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
- $11,525
- Closing costs
- $1,383
- 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 5 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 4301 Harriet St Unit A-1 Inkster, MI | 2.0 | 1.5 | 1000 | $1,300 | $1.30 | 44d | 1 | 0.79mi |
| 4167 Isabelle St Inkster, MI | 2.0 | 1.0 | 900 | $1,295 | $1.44 | 17d | 1 | 0.83mi |
| 4080 Isabelle St Inkster, MI | 4.0 | 1.0 | 975 | $1,150 | $1.18 | 15d | 1 | 0.89mi |
| 3236 Walnut St Inkster, MI | 3.0 | 1.0 | 1096 | $1,495 | $1.36 | 3d | 1 | 1.45mi |
| 26274 McDonald St Dearborn Heights, MI | 3.0 | 1.0 | 1365 | $1,575 | $1.15 | 2d | 1 | 1.46mi |
Listing history 50 events
-
2026-06-18days on market $46,100 Active 776 DOM
-
2026-06-17days on market $46,100 Active 775 DOM
-
2026-06-16days on market $46,100 Active 774 DOM
-
2026-06-15days on market $46,100 Active 773 DOM
-
2026-06-13days on market $46,100 Active 771 DOM
-
2026-06-13days on market $46,100 Active 770 DOM
-
2026-06-09days on market $46,100 Active 767 DOM
-
2026-06-08days on market $46,100 Active 766 DOM
-
2026-06-07days on market $46,100 Active 765 DOM
-
2026-06-04days on market $46,100 Active 762 DOM
-
2026-06-03days on market $46,100 Active 761 DOM
-
2026-06-02days on market $46,100 Active 760 DOM
-
2026-06-01days on market $46,100 Active 759 DOM
-
2026-05-31days on market $46,100 Active 758 DOM
-
2024-05-06status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-06historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-06status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-06historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-05status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-05historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-05status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-04historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-04status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-04historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-03status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-03historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-03status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-03historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-02status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-02historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-01status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-23historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-23status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-22historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-22status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-22historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-21status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-21historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-20status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-20historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-20status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-19historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-17status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-15historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-15status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-15historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-15status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-14historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-14status Active 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-14historical 401-char remark
Show marketing remark (401 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 2 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a playground, a clubhouse, a basketball court, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $17,027
- − Mortgage interest
- −$2,582
- − Property taxes
- −$692
- − Insurance
- −$230
- − Repairs & maintenance
- −$1,362
- − Management
- −$1,362
- − Depreciation
- −$1,341
- Taxable income
- $9,457
- Est. tax owed @ 24.0%
- −$2,270
- After-tax cash flow
- $7,359/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 · 12 photos
This mobile home is in fair condition with minor repairs needed. A fresh coat of paint and updated flooring would significantly enhance its curb appeal and value.
Repairs flagged
- Minor Paint — Light wear on interior walls
- Minor Siding — Light wear
Value-add opportunities
- Both Paint interior walls — Enhances curb appeal and interior aesthetics
- Both Replace carpet with hardwood — Improves durability and aesthetics
- Both Replace blinds with energy-efficient windows — Reduces energy costs and enhances curb appeal
Renovation cost estimate screening
| Repair item | Severity | Est. cost |
|---|---|---|
| Paint · Light wear on interior walls | Minor | $500–3,000 |
| Siding · Light wear | Minor | $500–3,000 |
| Total estimated repair cost · 2 items | $1,000–6,000 |
Value-add ROI direction
- Both Paint interior walls — Enhances curb appeal and interior aesthetics ↑
- Both Replace carpet with hardwood — Improves durability and aesthetics ↑
- Both Replace blinds with energy-efficient windows — Reduces energy costs and enhances curb appeal ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Romulus Community Schools
- NCES district ID
- 2630120
- Math proficiency
- 9% ▼ -14.00%
- Reading proficiency
- 21% ▼ -9.00%
- Median HH income
- $44,165
- Composite
- 13.17/100
- National rank
- #9556
- State rank
- #498 of 540 in MI
Livability — Romulus
- Score
- 60/100
- State rank
- #593
- US rank
- #19387
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Romulus, MI
- County
- Wayne County · 1,562,939 people
- City population
- 32,211
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 32,211
- Household income
- $67,056
- Rent vs Own
- Severe rent burden
- 755.0
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
- Diverse neighborhood (Simpson 0.59)
- Race & ethnicity
- White 52% Black 37% Two or more races 8% Hispanic / Latino 2% Asian 1%
- Common ancestry
- Romanian 6% Lithuanian 3% Italian 2%
- Foreign-born
- 4% · Canada, Vietnam
- Languages at home
- 94% English-only · Spanish 2% Other Indo-European 1% Other Asian/Pacific 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
- ▼ -171.93%
- Current HPI
- 207.8345
- Rent YoY
- —
- 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
43 events — show timeline
- 2024-05-06 Relisted — Zillow
- 2024-05-06 Delisted — Zillow
- 2024-05-06 Relisted — Zillow
- 2024-05-06 Delisted — Zillow
- 2024-05-05 Relisted — Zillow
- 2024-05-05 Delisted — Zillow
- 2024-05-05 Relisted — Zillow
- 2024-05-04 Delisted — Zillow
- 2024-05-04 Relisted — Zillow
- 2024-05-04 Delisted — Zillow
- 2024-05-03 Relisted — Zillow
- 2024-05-03 Delisted — Zillow
- 2024-05-03 Relisted — Zillow
- 2024-05-03 Delisted — Zillow
- 2024-05-02 Relisted — Zillow
- 2024-05-02 Delisted — Zillow
- 2024-05-01 Relisted — Zillow
- 2024-04-23 Delisted — Zillow
- 2024-04-23 Relisted — Zillow
- 2024-04-22 Delisted — Zillow
- 2024-04-22 Relisted — Zillow
- 2024-04-22 Delisted — Zillow
- 2024-04-21 Relisted — Zillow
- 2024-04-21 Delisted — Zillow
- 2024-04-20 Relisted — Zillow
- 2024-04-20 Delisted — Zillow
- 2024-04-20 Relisted — Zillow
- 2024-04-19 Delisted — Zillow
- 2024-04-17 Relisted — Zillow
- 2024-04-15 Delisted — Zillow
- 2024-04-15 Relisted — Zillow
- 2024-04-15 Delisted — Zillow
- 2024-04-15 Relisted — Zillow
- 2024-04-14 Delisted — Zillow
- 2024-04-14 Relisted — Zillow
- 2024-04-14 Delisted — Zillow
- 2024-04-13 Relisted — Zillow
- 2024-04-13 Delisted — Zillow
- 2024-04-12 Relisted — Zillow
- 2024-04-11 Delisted — Zillow
- 2024-04-10 Relisted — Zillow
- 2024-04-09 Delisted — Zillow
- 2024-04-09 Listed $46,100 Zillow
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…