14265 Appoline St · Detroit, MI 48227

$95,000

3 bd · 1.0 ba · 1,029 sqft · SingleFamily public records · 83 Days on market

Built 1930 3,920 sqft lot Est $72k · 32% over

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Why this score? — see what drove the C 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 +8.5/10.0
• Rent growth +3.9/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

* * * HOME IS OCCUPIED/DO NOT DISTURB TENANTS * * * Fully renovated from TOP to BOTTOM, this move-in-ready 3-bedroom, 2-full-bath home presents an excellent opportunity for both investors and owner-occupants. Thoughtfully updated throughout with modern finishes, updated mechanicals, and a cohesive design, no detail has been overlooked. Major improvements include a new roof, new mechanicals, and the addition of a second full bathroom. The open and functional layout offers a bright living area, updated kitchen with new cabinetry and countertops, refreshed bathrooms, and generously sized bedrooms. The upstairs primary suite features a newly added ensuite bathroom, creating a true private retreat. Currently tenant occupied providing immediate rental income with flexibility for a new owner to renew, reposition, or occupy. Ideal for investors seeking a stabilized asset or buyers looking for a move-in-ready home with income potential. Buyer and Buyer's Agent to verify all information (BATVAI).

Key facts

• Second full bathroom
• Updated kitchen
• New cabinetry

Tags

• NEW ROOF
• NEW MECHANICALS
• SECOND FULL BATHROOM
• UPDATED KITCHEN
• NEW CABINETRY
• NEW COUNTERTOPS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $95k.

Deal economics

• At list price, monthly cash flow is $420 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).
• Recommended offer: $89k (6.0% 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 fast (+5.6%/yr); 385 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 42% of the median local income ($37k/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 $657 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 + 5.6% rent growth), your $27k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 83 days — a 6% lower offer ($89k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 29y ago; this cycle's ask has dropped $15k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $50k; list at $95k implies a 90% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $89,300 (6.0% below list)

Questions for the listing agent

1. It's been on market 83 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.35% ✓
• Cap rate: 11.60%
• Cash-on-cash: 18.94%
• DSCR: 1.84
• GRM: 6.2

CMA / ARV

• ARV (on-the-fly): $72,030
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
13558 Pinehurst St	0.47mi	4/1.0 (+1)	1,099 (+7%)	2mo	$135,000	$123	60
14565 Hartwell St	0.46mi	3/1.0	900 (-12%)	3mo	$65,000	$72	55
13544 Mendota St	0.51mi	3/1.0	1,080 (+5%)	16mo	$67,500	$63	54
14929 Birwood St	0.59mi	3/2.0	999 (-3%)	13mo	$65,000	$65	52
15061 Snowden St	0.68mi	3/1.5	1,080 (+5%)	10mo	$37,000	$34	50
14595 Littlefield St	0.39mi	3/1.0	916 (-11%)	16mo	$68,000	$74	50
14284 Cruse St	0.64mi	3/1.0	1,121 (+9%)	7mo	$25,000	$22	50
14892 Ilene St	0.65mi	3/1.0	1,100 (+7%)	14mo	$77,000	$70	47
15061 Pinehurst St	0.62mi	2/1.0 (-1)	970 (-6%)	15mo	$85,000	$88	44
14014 Washburn St	0.54mi	2/1.0 (-1)	876 (-15%)	3mo	$17,000	$19	43
14871 NE Cheyenne St NW	0.47mi	3/1.0	878 (-15%)	13mo	$69,000	$79	42
14919 Lesure St	0.72mi	3/1.0	1,160 (+13%)	12mo	$53,000	$46	35

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 · 5.59% rent growth · sell at horizon

5-year hold

• IRR: 13.5%
• Equity multiple: 1.55×
• Total profit: $14,759
• Equity at exit: $14,165

10-year hold

• IRR: 24.1%
• Equity multiple: 3.33×
• Total profit: $62,058
• Equity at exit: $8,214

Cash invested: $26,600 (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 48227

• Rents YoY: 5.6%
• Active inventory: 385
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,284 high
• Mortgage (P&I): −$498
• Tax from tax record: −$57 /mo · $679/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$270
• Net cashflow: $420

Break-even live

Break-even rent $752

Max offer price $95,000

Occupancy floor 62%

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13965 Mendota St Detroit, MI	3.0	1.0	1222	$1,294	$1.06	17d	1	0.33mi
14847 Cheyenne St Detroit, MI	3.0	2.0	849	$1,150	$1.35	18d	1	0.48mi
14881 Mendota St Detroit, MI	3.0	1.0	1026	$1,100	$1.07	24d	1	0.54mi
14891 Hartwell St Detroit, MI	3.0	1.0	1000	$1,150	$1.15	43d	1	0.62mi
14284 Cruse St Detroit, MI	3.0	1.0	1121	$1,150	$1.03	16d	1	0.65mi
13620 Kentucky St Detroit, MI	3.0	1.0	1248	$1,200	$0.96	5d	1	0.69mi
15088 Littlefield St Detroit, MI	2.0	1.0	1294	$1,275	$0.99	22d	1	0.70mi
14903 Tracey St Detroit, MI	3.0	1.0	1004	$1,100	$1.10	16d	1	0.70mi
14242 Ohio St Detroit, MI	4.0	1.0	1400	$1,000	$0.71	43d	1	0.77mi
14590 Ardmore St Detroit, MI	3.0	1.0	1200	$1,195	$1.00	2d	1	0.77mi
Ohio St Unit 4 Detroit, MI	4.0	1.5	1400	$750	$0.54	43d	1	0.79mi
13979 Cherrylawn St Detroit, MI	3.0	1.0	1296	$1,334	$1.03	20d	1	0.82mi
15388 Appoline St #203 Detroit, MI	2.0	1.0	900	$850	$0.94	43d	1	0.82mi
15340 Hartwell St Detroit, MI	2.0	1.0	900	$1,300	$1.44	16d	1	0.84mi
14570 Cherrylawn St Detroit, MI	3.0	1.0	840	$1,250	$1.49	12d	1	0.87mi
12468 Mendota St Detroit, MI	2.0	1.0	1100	$1,100	$1.00	43d	1	0.88mi
12468 Mendota St Detroit, MI	2.0	1.0	1100	$1,000	$0.91	24d	1	0.88mi
14550 Northlawn St Detroit, MI	3.0	2.0	950	$1,200	$1.26	16d	1	0.92mi
14600 Strathmoor St Detroit, MI	4.0	1.0	1300	$1,450	$1.12	43d	1	0.92mi
14559 Strathmoor St Detroit, MI	2.0	1.0	1033	$1,150	$1.11	20d	1	0.94mi
14011 Roselawn St Detroit, MI	4.0	1.5	1300	$1,450	$1.12	17d	1	0.97mi
14011 Roselawn St Detroit, MI	4.0	1.5	1300	$1,450	$1.12	2d	1	0.97mi
15512 Mendota St Apt 2 Detroit, MI	2.0	1.0	1000	$1,200	$1.20	43d	1	0.99mi
15512 Mendota St Detroit, MI	2.0	1.0	931	$1,200	$1.29	5d	1	0.99mi
15387 Lesure St Detroit, MI	3.0	1.0	1064	$1,350	$1.27	12d	1	0.99mi
13331 Strathmoor St Detroit, MI	3.0	1.0	1084	$1,100	$1.01	16d	1	1.00mi
15738 Sorrento Ave Detroit, MI	3.0	1.0	762	$1,175	$1.54	43d	1	1.01mi
15708 Birwood St Detroit, MI	3.0	1.0	1255	$1,100	$0.88	5d	1	1.03mi
15760 Monte Vista St Detroit, MI	2.0	1.0	1080	$1,250	$1.16	43d	1	1.04mi
14656 Roselawn St Detroit, MI	3.0	1.0	1000	$1,200	$1.20	17d	1	1.05mi
12703 Northlawn St Detroit, MI	2.0	1.0	1365	$1,053	$0.77	20d	1	1.09mi
15073 Strathmoor St Detroit, MI	2.0	1.0	860	$1,350	$1.57	16d	1	1.10mi
15517 Lesure St Unit BDRM1A Detroit, MI	2.0	1.0	1000	$850	$0.85	24d	1	1.11mi
12144 Washburn St Detroit, MI	3.0	1.0	1200	$1,200	$1.00	15d	1	1.11mi
14375 Terry St Detroit, MI	3.0	2.0	1300	$1,425	$1.10	43d	1	1.12mi
15765 Washburn St Detroit, MI	2.0	1.0	1093	$950	$0.87	43d	1	1.13mi
14264 Coyle St Detroit, MI	2.0	1.0	1000	$1,150	$1.15	43d	1	1.18mi
12754 Marlowe St Detroit, MI	3.0	2.0	1008	$1,400	$1.39	16d	1	1.18mi
14104 Coyle St Detroit, MI	3.0	1.0	1327	$1,350	$1.02	5d	1	1.22mi
13620 Tuller St Detroit, MI	4.0	1.0	1064	$1,374	$1.29	12d	1	1.25mi

Listing history 27 events

1. 2026-04-24
   status Pending 1006-char remark

   Show marketing remark (1006 chars)

   * * * HOME IS OCCUPIED/DO NOT DISTURB TENANTS * * * Fully renovated from TOP to BOTTOM, this move-in-ready 3-bedroom, 2-full-bath home presents an excellent opportunity for both investors and owner-occupants. Thoughtfully updated throughout with modern finishes, updated mechanicals, and a cohesive design, no detail has been overlooked. Major improvements include a new roof, new mechanicals, and the addition of a second full bathroom. The open and functional layout offers a bright living area, updated kitchen with new cabinetry and countertops, refreshed bathrooms, and generously sized bedrooms. The upstairs primary suite features a newly added ensuite bathroom, creating a true private retreat. Currently tenant occupied providing immediate rental income with flexibility for a new owner to renew, reposition, or occupy. Ideal for investors seeking a stabilized asset or buyers looking for a move-in-ready home with income potential. Buyer and Buyer's Agent to verify all information (BATVAI).

2. 2026-04-24
   status Pending

   Show marketing remark (1006 chars)

   * * * HOME IS OCCUPIED/DO NOT DISTURB TENANTS * * * Fully renovated from TOP to BOTTOM, this move-in-ready 3-bedroom, 2-full-bath home presents an excellent opportunity for both investors and owner-occupants. Thoughtfully updated throughout with modern finishes, updated mechanicals, and a cohesive design, no detail has been overlooked. Major improvements include a new roof, new mechanicals, and the addition of a second full bathroom. The open and functional layout offers a bright living area, updated kitchen with new cabinetry and countertops, refreshed bathrooms, and generously sized bedrooms. The upstairs primary suite features a newly added ensuite bathroom, creating a true private retreat. Currently tenant occupied providing immediate rental income with flexibility for a new owner to renew, reposition, or occupy. Ideal for investors seeking a stabilized asset or buyers looking for a move-in-ready home with income potential. Buyer and Buyer's Agent to verify all information (BATVAI).

3. 2026-04-08
   price $95,000 1006-char remark

   Show marketing remark (1006 chars)

   * * * HOME IS OCCUPIED/DO NOT DISTURB TENANTS * * * Fully renovated from TOP to BOTTOM, this move-in-ready 3-bedroom, 2-full-bath home presents an excellent opportunity for both investors and owner-occupants. Thoughtfully updated throughout with modern finishes, updated mechanicals, and a cohesive design, no detail has been overlooked. Major improvements include a new roof, new mechanicals, and the addition of a second full bathroom. The open and functional layout offers a bright living area, updated kitchen with new cabinetry and countertops, refreshed bathrooms, and generously sized bedrooms. The upstairs primary suite features a newly added ensuite bathroom, creating a true private retreat. Currently tenant occupied providing immediate rental income with flexibility for a new owner to renew, reposition, or occupy. Ideal for investors seeking a stabilized asset or buyers looking for a move-in-ready home with income potential. Buyer and Buyer's Agent to verify all information (BATVAI).

4. 2026-04-07
   price $95,000
5. 2026-02-20
   price $99,000 1006-char remark

   Show marketing remark (1006 chars)

   * * * HOME IS OCCUPIED/DO NOT DISTURB TENANTS * * * Fully renovated from TOP to BOTTOM, this move-in-ready 3-bedroom, 2-full-bath home presents an excellent opportunity for both investors and owner-occupants. Thoughtfully updated throughout with modern finishes, updated mechanicals, and a cohesive design, no detail has been overlooked. Major improvements include a new roof, new mechanicals, and the addition of a second full bathroom. The open and functional layout offers a bright living area, updated kitchen with new cabinetry and countertops, refreshed bathrooms, and generously sized bedrooms. The upstairs primary suite features a newly added ensuite bathroom, creating a true private retreat. Currently tenant occupied providing immediate rental income with flexibility for a new owner to renew, reposition, or occupy. Ideal for investors seeking a stabilized asset or buyers looking for a move-in-ready home with income potential. Buyer and Buyer's Agent to verify all information (BATVAI).

6. 2026-02-20
   price $99,000

   Show marketing remark (1006 chars)

   * * * HOME IS OCCUPIED/DO NOT DISTURB TENANTS * * * Fully renovated from TOP to BOTTOM, this move-in-ready 3-bedroom, 2-full-bath home presents an excellent opportunity for both investors and owner-occupants. Thoughtfully updated throughout with modern finishes, updated mechanicals, and a cohesive design, no detail has been overlooked. Major improvements include a new roof, new mechanicals, and the addition of a second full bathroom. The open and functional layout offers a bright living area, updated kitchen with new cabinetry and countertops, refreshed bathrooms, and generously sized bedrooms. The upstairs primary suite features a newly added ensuite bathroom, creating a true private retreat. Currently tenant occupied providing immediate rental income with flexibility for a new owner to renew, reposition, or occupy. Ideal for investors seeking a stabilized asset or buyers looking for a move-in-ready home with income potential. Buyer and Buyer's Agent to verify all information (BATVAI).

7. 2026-02-17
   price $105,000 1006-char remark

   Show marketing remark (1006 chars)

   * * * HOME IS OCCUPIED/DO NOT DISTURB TENANTS * * * Fully renovated from TOP to BOTTOM, this move-in-ready 3-bedroom, 2-full-bath home presents an excellent opportunity for both investors and owner-occupants. Thoughtfully updated throughout with modern finishes, updated mechanicals, and a cohesive design, no detail has been overlooked. Major improvements include a new roof, new mechanicals, and the addition of a second full bathroom. The open and functional layout offers a bright living area, updated kitchen with new cabinetry and countertops, refreshed bathrooms, and generously sized bedrooms. The upstairs primary suite features a newly added ensuite bathroom, creating a true private retreat. Currently tenant occupied providing immediate rental income with flexibility for a new owner to renew, reposition, or occupy. Ideal for investors seeking a stabilized asset or buyers looking for a move-in-ready home with income potential. Buyer and Buyer's Agent to verify all information (BATVAI).

8. 2026-02-16
   price $105,000
9. 2026-02-05
   status Active

   Show marketing remark (1006 chars)

   * * * HOME IS OCCUPIED/DO NOT DISTURB TENANTS * * * Fully renovated from TOP to BOTTOM, this move-in-ready 3-bedroom, 2-full-bath home presents an excellent opportunity for both investors and owner-occupants. Thoughtfully updated throughout with modern finishes, updated mechanicals, and a cohesive design, no detail has been overlooked. Major improvements include a new roof, new mechanicals, and the addition of a second full bathroom. The open and functional layout offers a bright living area, updated kitchen with new cabinetry and countertops, refreshed bathrooms, and generously sized bedrooms. The upstairs primary suite features a newly added ensuite bathroom, creating a true private retreat. Currently tenant occupied providing immediate rental income with flexibility for a new owner to renew, reposition, or occupy. Ideal for investors seeking a stabilized asset or buyers looking for a move-in-ready home with income potential. Buyer and Buyer's Agent to verify all information (BATVAI).

10. 2026-02-05
    status Active 1006-char remark

    Show marketing remark (1006 chars)

    * * * HOME IS OCCUPIED/DO NOT DISTURB TENANTS * * * Fully renovated from TOP to BOTTOM, this move-in-ready 3-bedroom, 2-full-bath home presents an excellent opportunity for both investors and owner-occupants. Thoughtfully updated throughout with modern finishes, updated mechanicals, and a cohesive design, no detail has been overlooked. Major improvements include a new roof, new mechanicals, and the addition of a second full bathroom. The open and functional layout offers a bright living area, updated kitchen with new cabinetry and countertops, refreshed bathrooms, and generously sized bedrooms. The upstairs primary suite features a newly added ensuite bathroom, creating a true private retreat. Currently tenant occupied providing immediate rental income with flexibility for a new owner to renew, reposition, or occupy. Ideal for investors seeking a stabilized asset or buyers looking for a move-in-ready home with income potential. Buyer and Buyer's Agent to verify all information (BATVAI).

11. 2026-02-04
    historical Accepting Backup Offers 1006-char remark

    Show marketing remark (1006 chars)

    * * * HOME IS OCCUPIED/DO NOT DISTURB TENANTS * * * Fully renovated from TOP to BOTTOM, this move-in-ready 3-bedroom, 2-full-bath home presents an excellent opportunity for both investors and owner-occupants. Thoughtfully updated throughout with modern finishes, updated mechanicals, and a cohesive design, no detail has been overlooked. Major improvements include a new roof, new mechanicals, and the addition of a second full bathroom. The open and functional layout offers a bright living area, updated kitchen with new cabinetry and countertops, refreshed bathrooms, and generously sized bedrooms. The upstairs primary suite features a newly added ensuite bathroom, creating a true private retreat. Currently tenant occupied providing immediate rental income with flexibility for a new owner to renew, reposition, or occupy. Ideal for investors seeking a stabilized asset or buyers looking for a move-in-ready home with income potential. Buyer and Buyer's Agent to verify all information (BATVAI).

12. 2026-02-04
    historical Active Under Contract

    Show marketing remark (1006 chars)

    * * * HOME IS OCCUPIED/DO NOT DISTURB TENANTS * * * Fully renovated from TOP to BOTTOM, this move-in-ready 3-bedroom, 2-full-bath home presents an excellent opportunity for both investors and owner-occupants. Thoughtfully updated throughout with modern finishes, updated mechanicals, and a cohesive design, no detail has been overlooked. Major improvements include a new roof, new mechanicals, and the addition of a second full bathroom. The open and functional layout offers a bright living area, updated kitchen with new cabinetry and countertops, refreshed bathrooms, and generously sized bedrooms. The upstairs primary suite features a newly added ensuite bathroom, creating a true private retreat. Currently tenant occupied providing immediate rental income with flexibility for a new owner to renew, reposition, or occupy. Ideal for investors seeking a stabilized asset or buyers looking for a move-in-ready home with income potential. Buyer and Buyer's Agent to verify all information (BATVAI).

13. 2026-01-31
    listed $110,000 Active

    Show marketing remark (1006 chars)

    * * * HOME IS OCCUPIED/DO NOT DISTURB TENANTS * * * Fully renovated from TOP to BOTTOM, this move-in-ready 3-bedroom, 2-full-bath home presents an excellent opportunity for both investors and owner-occupants. Thoughtfully updated throughout with modern finishes, updated mechanicals, and a cohesive design, no detail has been overlooked. Major improvements include a new roof, new mechanicals, and the addition of a second full bathroom. The open and functional layout offers a bright living area, updated kitchen with new cabinetry and countertops, refreshed bathrooms, and generously sized bedrooms. The upstairs primary suite features a newly added ensuite bathroom, creating a true private retreat. Currently tenant occupied providing immediate rental income with flexibility for a new owner to renew, reposition, or occupy. Ideal for investors seeking a stabilized asset or buyers looking for a move-in-ready home with income potential. Buyer and Buyer's Agent to verify all information (BATVAI).

14. 2026-01-31
    listed $110,000 Active 1006-char remark

    Show marketing remark (1006 chars)

    * * * HOME IS OCCUPIED/DO NOT DISTURB TENANTS * * * Fully renovated from TOP to BOTTOM, this move-in-ready 3-bedroom, 2-full-bath home presents an excellent opportunity for both investors and owner-occupants. Thoughtfully updated throughout with modern finishes, updated mechanicals, and a cohesive design, no detail has been overlooked. Major improvements include a new roof, new mechanicals, and the addition of a second full bathroom. The open and functional layout offers a bright living area, updated kitchen with new cabinetry and countertops, refreshed bathrooms, and generously sized bedrooms. The upstairs primary suite features a newly added ensuite bathroom, creating a true private retreat. Currently tenant occupied providing immediate rental income with flexibility for a new owner to renew, reposition, or occupy. Ideal for investors seeking a stabilized asset or buyers looking for a move-in-ready home with income potential. Buyer and Buyer's Agent to verify all information (BATVAI).

15. 2026-01-22
    historical
16. 2026-01-22
    historical
17. 2026-01-15
    price $105,000
18. 2026-01-15
    price $105,000
19. 2026-01-10
    price $115,000
20. 2026-01-09
    price $115,000
21. 2025-12-26
    listed $129,900 Active
22. 2025-12-26
    listed $129,900 Active
23. 2008-10-09
    historical
24. 2007-10-09
    listed $50,000
25. 2007-05-03
    soldstatus $50,000
26. 1998-03-24
    soldstatus $20,000
27. 1997-12-20
    listed $37,000

ⓘ 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: $679 · $57/mo
• Projected year-2 tax: $1,071 · $89/mo
• Expected delta: +$392/yr (+$33/mo · 57.8%)

ⓘ 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 · 14 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: $15,405
• − Mortgage interest: −$5,321
• − Property taxes: −$679
• − Insurance: −$475
• − Repairs & maintenance: −$1,232
• − Management: −$1,232
• − Depreciation: −$2,764
• Taxable income: $3,701
• Est. tax owed @ 24.0%: −$888
• After-tax cash flow: $4,150/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): 40,302
• Household income: $36,527
• Rent vs Own: 40.9% rent · 59.1% own
• Severe rent burden: 2371.0

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 (95%)
• Race & ethnicity: Black 95% Two or more races 3% White 1%
• Foreign-born: 1%
• Languages at home: 98% 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: ▼ -125.00%
• Current HPI: 186.4158
• Rent YoY: ▲ 5.59%
• 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

+156.8% since first listed

27 events — show timeline

• 2026-04-24 Pending — MiRealSource-MiMLS
• 2026-04-24 Pending — REALCOMP
• 2026-04-08 Price Changed $95,000 MiRealSource-MiMLS
• 2026-04-07 Price Changed $95,000 REALCOMP
• 2026-02-20 Price Changed $99,000 MiRealSource-MiMLS
• 2026-02-20 Price Changed $99,000 REALCOMP
• 2026-02-17 Price Changed $105,000 MiRealSource-MiMLS
• 2026-02-16 Price Changed $105,000 REALCOMP
• 2026-02-05 Relisted — REALCOMP
• 2026-02-05 Relisted — MiRealSource-MiMLS
• 2026-02-04 Contingent — MiRealSource-MiMLS
• 2026-02-04 Contingent — REALCOMP
• 2026-01-31 Listed $110,000 REALCOMP
• 2026-01-31 Listed $110,000 MiRealSource-MiMLS
• 2026-01-22 Listing Removed — MiRealSource-MiMLS
• 2026-01-22 Listing Removed — REALCOMP
• 2026-01-15 Price Changed $105,000 MiRealSource-MiMLS
• 2026-01-15 Price Changed $105,000 REALCOMP
• 2026-01-10 Price Changed $115,000 MiRealSource-MiMLS
• 2026-01-09 Price Changed $115,000 REALCOMP
• 2025-12-26 Listed $129,900 REALCOMP
• 2025-12-26 Listed $129,900 MiRealSource-MiMLS
• 2008-10-09 Listing Removed — REALCOMP
• 2007-10-09 Listed $50,000 REALCOMP
• 2007-05-03 Sold (Public Records) $50,000 Public Records
• 1998-03-24 Sold (MLS) $20,000 REALCOMP
• 1997-12-20 Listed $37,000 REALCOMP

Property tax history

-14.4%/yr

Latest (2017): $679 · -23.7% YoY. Source: county tax records.