14010 Margareta 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
- 5 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
- ARV discount +15.0/15.0
- DSCR +10.0/10.0
- 1% rule +9.8/10.0
- Livability +3.7/5.0
- Rent growth +3.3/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$95,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Modern 3 bedroom and 1.1 bath room brick bungalow located in highly desirable neighborhood. The home features hardwood floors throughout beautiful white cabinetry in kitchen and updated bathroom. Second level features primary bathroom. Great backyard for entertaining with 2 car garage. Easily acceptable to expressways and shopping. FURNACE AND WATER HEATER ARE IN STORAGE.
Key facts
- 4,356 sq ft lot
- 2 garage spots
- Built 1946
Neighborhood map
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 $481 ($6k/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: $92k (3.0% below list) — sets the bar for market timing.
- Cap rate 12.4% vs local median 10.1% in Detroit — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
- Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising (+3.2%/yr); 290 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 43% of the median local income ($39k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $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 + 3.2% 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 53 days — a 3% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 7y ago; this cycle's ask has dropped $14k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1946 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 53 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- 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
- 1.48% ✓
- Cap rate
- 12.37%
- Cash-on-cash
- 21.72%
- DSCR
- 1.97
- GRM
- 5.6
CMA / ARV
- ARV (on-the-fly)
- $138,600
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 18927 Stansbury St | 0.15mi | 3/2.0 | 1,523 (+10%) | 1mo | $98,000 | $64 | 72 |
| 19209 Hartwell St | 0.42mi | 3/1.5 | 1,406 (+1%) | 6mo | $190,000 | $135 | 70 |
| 18945 Littlefield St | 0.40mi | 3/1.5 | 1,473 (+6%) | 4mo | $180,000 | $122 | 65 |
| 18982 Coyle St | 0.56mi | 3/1.0 | 1,328 (-4%) | 3mo | $132,300 | $100 | 64 |
| 19139 Lauder St | 0.51mi | 2/1.0 (-1) | 1,335 (-4%) | 4mo | $40,000 | $30 | 62 |
| 17531 Ardmore St | 0.47mi | 4/2.0 (+1) | 1,304 (-6%) | 2mo | $195,000 | $150 | 58 |
| 18011 Appoline St W | 0.73mi | 3/1.5 | 1,440 (+4%) | 3mo | $170,000 | $118 | 55 |
| 18953 Littlefield St | 0.40mi | 3/1.0 | 1,575 (+14%) | 5mo | $206,500 | $131 | 54 |
| 18643 Hubbell St | 0.30mi | 2/1.5 (-1) | 1,178 (-15%) | 6mo | $43,728 | $37 | 49 |
| 19440 Hartwell St | 0.60mi | 3/1.5 | 1,538 (+11%) | 6mo | $95,000 | $62 | 47 |
| 18415 Coyle St | 0.58mi | 4/2.0 (+1) | 1,492 (+8%) | 7mo | $112,000 | $75 | 45 |
| 18073 Sorrento St | 0.60mi | 3/1.5 | 1,539 (+11%) | 8mo | $35,000 | $23 | 45 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 3.25% rent growth · sell at horizon
- IRR
- 14.6%
- Equity multiple
- 1.59×
- Total profit
- $15,630
- Equity at exit
- $14,165
- IRR
- 23.5%
- Equity multiple
- 3.05×
- Total profit
- $54,586
- 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
ZIP-level market 48235
- Rents YoY
- 3.2%
- Active inventory
- 290
- Price-to-rent
- 5.6×
Monthly cashflow live
- Estimated rent
- $1,410 high interval (Pro) →
- Mortgage (P&I)
- −$498
- Tax from tax record
- −$95 /mo · $1,140/yr
- Insurance
- −$40
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$296
- Net cashflow
- $481
Break-even live
Sensitivity live
| Price | -10% $535 | -5% $508 | +0% $481 | +5% $455 | +10% $428 |
|---|---|---|---|---|---|
| Rent | -10% $370 | -5% $426 | +0% $481 | +5% $537 | +10% $593 |
| Rate | -1.0pp $529 | -0.5pp $506 | base $481 | +0.5pp $457 | +1.0pp $432 |
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
- —
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 32 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 18512 Schaefer Hwy Detroit, MI | 2.0 | 1.0 | 962 | $1,200 | $1.25 | 25d | 1 | 0.21mi |
| 18257 Mark Twain St Detroit, MI | 3.0 | 1.0 | 1185 | $1,507 | $1.27 | 17d | 1 | 0.31mi |
| 18010 Lesure St Detroit, MI | 3.0 | 1.0 | 1010 | $1,550 | $1.53 | 25d | 1 | 0.41mi |
| 18964 Coyle St Detroit, MI | 3.0 | 1.0 | 1300 | $1,350 | $1.04 | 3d | 1 | 0.56mi |
| 19474 Schaefer Hwy Detroit, MI | 2.0 | 1.0 | 896 | $1,075 | $1.20 | 6d | 1 | 0.58mi |
| 18675 Meyers Rd Unit 18677 Detroit, MI | 2.0 | 1.0 | 942 | $1,100 | $1.17 | 44d | 1 | 0.67mi |
| 18481 Prest St Detroit, MI | 3.0 | 1.5 | 1100 | $1,300 | $1.18 | 20d | 1 | 0.77mi |
| 18427 Greenfield Rd Detroit, MI | 2.0 | 1.0 | 952 | $980 | $1.03 | 6d | 1 | 0.84mi |
| 20042 Freeland St Detroit, MI | 3.0 | 1.5 | 1445 | $1,400 | $0.97 | 17d | 1 | 0.85mi |
| 18675 Forrer St Detroit, MI | 3.0 | 1.0 | 1200 | $1,225 | $1.02 | 6d | 1 | 0.97mi |
| 17540 Pinehurst St Detroit, MI | 3.0 | 1.0 | 1200 | $1,395 | $1.16 | 44d | 1 | 1.00mi |
| 20426 Tracey St Detroit, MI | 3.0 | 1.0 | 1200 | $1,200 | $1.00 | 25d | 1 | 1.06mi |
| 18400 Rutherford St Detroit, MI | 3.0 | 1.0 | 1050 | $1,400 | $1.33 | 4d | 1 | 1.08mi |
| 16505 Stansbury St Detroit, MI | 3.0 | 1.0 | 1700 | $1,345 | $0.79 | 44d | 1 | 1.12mi |
| 16505 Stansbury St Detroit, MI | 3.0 | 1.0 | 1100 | $1,250 | $1.14 | 12d | 1 | 1.12mi |
| 20032 Monte Vista St Detroit, MI | 3.0 | 1.0 | 1000 | $1,294 | $1.29 | 21d | 1 | 1.16mi |
| 20122 Manor St Detroit, MI | 3.0 | 1.0 | 1028 | $1,200 | $1.17 | 44d | 1 | 1.16mi |
| 19440 Rutherford St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 25d | 1 | 1.17mi |
| 19467 Rutherford St Detroit, MI | 3.0 | 1.0 | 1002 | $1,200 | $1.20 | 17d | 1 | 1.21mi |
| 20245 Manor Detroit, MI | 3.0 | 1.0 | 1018 | $1,400 | $1.38 | 3d | 1 | 1.24mi |
| 16230 Cheyenne St Detroit, MI | 3.0 | 1.0 | 1653 | $1,450 | $0.88 | 44d | 1 | 1.24mi |
| 17165 Prevost St Detroit, MI | 3.0 | 1.0 | 1060 | $2,400 | $2.26 | 3d | 1 | 1.27mi |
| 19503 Mansfield St Detroit, MI | 3.0 | 1.0 | 1200 | $1,350 | $1.12 | 17d | 1 | 1.27mi |
| 18935 Indiana St Detroit, MI | 3.0 | 1.0 | 1248 | $1,523 | $1.22 | 6d | 1 | 1.29mi |
| 16204 Steel St Detroit, MI | 3.0 | 1.0 | 969 | $1,150 | $1.19 | 44d | 1 | 1.33mi |
| 16151 Robson St Detroit, MI | 3.0 | 1.0 | 1300 | $1,525 | $1.17 | 16d | 1 | 1.35mi |
| 16934 Ilene St Detroit, MI | 3.0 | 1.5 | 1516 | $1,400 | $0.92 | 21d | 1 | 1.37mi |
| 17201 Saint Marys St Detroit, MI | 2.0 | 1.0 | 1200 | $1,200 | $1.00 | 3d | 1 | 1.40mi |
| 16889 Washburn St Detroit, MI | 3.0 | 1.5 | 1300 | $1,100 | $0.85 | 18d | 1 | 1.42mi |
| 15762 Mark Twain St Detroit, MI | 3.0 | 2.0 | 1430 | $1,250 | $0.87 | 17d | 1 | 1.47mi |
| 15810 Robson St Detroit, MI | 3.0 | 1.0 | 1142 | $1,500 | $1.31 | 25d | 1 | 1.49mi |
| 20460 Griggs St Detroit, MI | 2.0 | 1.0 | 910 | $1,100 | $1.21 | 18d | 1 | 1.49mi |
Listing history 18 events
-
2025-02-10soldstatus $95,000
-
2024-12-17status Pending
-
2024-10-31status Pending 374-char remark
Show marketing remark (374 chars)
Modern 3 bedroom and 1.1 bath room brick bungalow located in highly desirable neighborhood. The home features hardwood floors throughout beautiful white cabinetry in kitchen and updated bathroom. Second level features primary bathroom. Great backyard for entertaining with 2 car garage. Easily acceptable to expressways and shopping. FURNACE AND WATER HEATER ARE IN STORAGE.
-
2024-10-31status Pending
Show marketing remark (374 chars)
Modern 3 bedroom and 1.1 bath room brick bungalow located in highly desirable neighborhood. The home features hardwood floors throughout beautiful white cabinetry in kitchen and updated bathroom. Second level features primary bathroom. Great backyard for entertaining with 2 car garage. Easily acceptable to expressways and shopping. FURNACE AND WATER HEATER ARE IN STORAGE.
-
2024-10-23price $95,000 374-char remark
Show marketing remark (374 chars)
Modern 3 bedroom and 1.1 bath room brick bungalow located in highly desirable neighborhood. The home features hardwood floors throughout beautiful white cabinetry in kitchen and updated bathroom. Second level features primary bathroom. Great backyard for entertaining with 2 car garage. Easily acceptable to expressways and shopping. FURNACE AND WATER HEATER ARE IN STORAGE.
-
2024-10-23price $95,000
Show marketing remark (374 chars)
Modern 3 bedroom and 1.1 bath room brick bungalow located in highly desirable neighborhood. The home features hardwood floors throughout beautiful white cabinetry in kitchen and updated bathroom. Second level features primary bathroom. Great backyard for entertaining with 2 car garage. Easily acceptable to expressways and shopping. FURNACE AND WATER HEATER ARE IN STORAGE.
-
2024-09-24status Active
Show marketing remark (374 chars)
Modern 3 bedroom and 1.1 bath room brick bungalow located in highly desirable neighborhood. The home features hardwood floors throughout beautiful white cabinetry in kitchen and updated bathroom. Second level features primary bathroom. Great backyard for entertaining with 2 car garage. Easily acceptable to expressways and shopping. FURNACE AND WATER HEATER ARE IN STORAGE.
-
2024-09-24status Active 374-char remark
Show marketing remark (374 chars)
Modern 3 bedroom and 1.1 bath room brick bungalow located in highly desirable neighborhood. The home features hardwood floors throughout beautiful white cabinetry in kitchen and updated bathroom. Second level features primary bathroom. Great backyard for entertaining with 2 car garage. Easily acceptable to expressways and shopping. FURNACE AND WATER HEATER ARE IN STORAGE.
-
2024-08-28status Pending 374-char remark
Show marketing remark (374 chars)
Modern 3 bedroom and 1.1 bath room brick bungalow located in highly desirable neighborhood. The home features hardwood floors throughout beautiful white cabinetry in kitchen and updated bathroom. Second level features primary bathroom. Great backyard for entertaining with 2 car garage. Easily acceptable to expressways and shopping. FURNACE AND WATER HEATER ARE IN STORAGE.
-
2024-08-28status Pending
Show marketing remark (374 chars)
Modern 3 bedroom and 1.1 bath room brick bungalow located in highly desirable neighborhood. The home features hardwood floors throughout beautiful white cabinetry in kitchen and updated bathroom. Second level features primary bathroom. Great backyard for entertaining with 2 car garage. Easily acceptable to expressways and shopping. FURNACE AND WATER HEATER ARE IN STORAGE.
-
2024-08-12$109,000 Active
Show marketing remark (374 chars)
Modern 3 bedroom and 1.1 bath room brick bungalow located in highly desirable neighborhood. The home features hardwood floors throughout beautiful white cabinetry in kitchen and updated bathroom. Second level features primary bathroom. Great backyard for entertaining with 2 car garage. Easily acceptable to expressways and shopping. FURNACE AND WATER HEATER ARE IN STORAGE.
-
2024-08-12$109,000 Active 374-char remark
Show marketing remark (374 chars)
Modern 3 bedroom and 1.1 bath room brick bungalow located in highly desirable neighborhood. The home features hardwood floors throughout beautiful white cabinetry in kitchen and updated bathroom. Second level features primary bathroom. Great backyard for entertaining with 2 car garage. Easily acceptable to expressways and shopping. FURNACE AND WATER HEATER ARE IN STORAGE.
-
2019-09-13soldstatus $40,100 Sold 308-char remark
Show marketing remark (308 chars)
* * * Multiple Offer Deadline – Aug 19, 2019, 01:39:00 PM (EDT) * * * REAL NICE 3 BEDROOM, 1.5 BATH, BUNGALOW. WALKING DISTANCE TO A PARK & ELEMENTARY SCHOOL. This is a Fannie Mae HomePath property. BUYER TO VERIFY ALL INFO. BATVAI. The seller must comply with HUD Guidelines 24 CFR 206.125.
-
2019-09-13soldstatus $40,100 Closed
Show marketing remark (308 chars)
* * * Multiple Offer Deadline – Aug 19, 2019, 01:39:00 PM (EDT) * * * REAL NICE 3 BEDROOM, 1.5 BATH, BUNGALOW. WALKING DISTANCE TO A PARK & ELEMENTARY SCHOOL. This is a Fannie Mae HomePath property. BUYER TO VERIFY ALL INFO. BATVAI. The seller must comply with HUD Guidelines 24 CFR 206.125.
-
2019-08-22status Pending
Show marketing remark (308 chars)
* * * Multiple Offer Deadline – Aug 19, 2019, 01:39:00 PM (EDT) * * * REAL NICE 3 BEDROOM, 1.5 BATH, BUNGALOW. WALKING DISTANCE TO A PARK & ELEMENTARY SCHOOL. This is a Fannie Mae HomePath property. BUYER TO VERIFY ALL INFO. BATVAI. The seller must comply with HUD Guidelines 24 CFR 206.125.
-
2019-08-22status Pending 308-char remark
Show marketing remark (308 chars)
* * * Multiple Offer Deadline – Aug 19, 2019, 01:39:00 PM (EDT) * * * REAL NICE 3 BEDROOM, 1.5 BATH, BUNGALOW. WALKING DISTANCE TO A PARK & ELEMENTARY SCHOOL. This is a Fannie Mae HomePath property. BUYER TO VERIFY ALL INFO. BATVAI. The seller must comply with HUD Guidelines 24 CFR 206.125.
-
2019-08-12$36,000 Active 308-char remark
Show marketing remark (308 chars)
* * * Multiple Offer Deadline – Aug 19, 2019, 01:39:00 PM (EDT) * * * REAL NICE 3 BEDROOM, 1.5 BATH, BUNGALOW. WALKING DISTANCE TO A PARK & ELEMENTARY SCHOOL. This is a Fannie Mae HomePath property. BUYER TO VERIFY ALL INFO. BATVAI. The seller must comply with HUD Guidelines 24 CFR 206.125.
-
2019-08-12$36,000 Active
Show marketing remark (308 chars)
* * * Multiple Offer Deadline – Aug 19, 2019, 01:39:00 PM (EDT) * * * REAL NICE 3 BEDROOM, 1.5 BATH, BUNGALOW. WALKING DISTANCE TO A PARK & ELEMENTARY SCHOOL. This is a Fannie Mae HomePath property. BUYER TO VERIFY ALL INFO. BATVAI. The seller must comply with HUD Guidelines 24 CFR 206.125.
ⓘ 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
- $1,140 · $95/mo
- Projected year-2 tax
- $1,302 · $108/mo
- Expected delta
- +$161/yr (+$13/mo · 14.2%)
ⓘ 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 · 5 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
- $16,925
- − Mortgage interest
- −$5,321
- − Property taxes
- −$1,140
- − Insurance
- −$475
- − Repairs & maintenance
- −$1,354
- − Management
- −$1,354
- − Depreciation
- −$2,764
- Taxable income
- $4,516
- Est. tax owed @ 24.0%
- −$1,084
- After-tax cash flow
- $4,693/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)
- 45,600
- Household income
- $39,265
- Rent vs Own
- Severe rent burden
- 3064.0
Population outlook (Wayne County) Hauer SSP2
- Today (2025)
- 1,675,273 people
- By 2030
- 1,620,300 · -3.3%
- By 2040
- 1,502,341 · -10.3%
- By 2050
- 1,384,039 · -17.4%
- By 2075
- 1,124,592 · -32.9%
- By 2100
- 881,193 · -47.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Black (94%)
- Race & ethnicity
- Black 94% White 3% Two or more races 2% Hispanic / Latino 1%
- Foreign-born
- 1% · Canada
- Languages at home
- 98% English-only · Spanish 1%
Political lean MEDSL · Wayne
- 2024 margin
- Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
- 2008→2024 swing
- -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
- All cycles
- 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -153.02%
- Current HPI
- 263.6326
- Rent YoY
- ▲ 3.25%
- Metro
- Detroit-Warren-Dearborn, MI
- State GDP YoY
- ▲ 1.37%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in MI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Automotive Parts | 3 | $48B |
|
||
| Automotive | 2 | $372B |
|
||
| Chemicals | 1 | $45B |
|
||
| Automotive Retail | 1 | $29B |
|
||
| Healthcare / Medical Devices | 1 | $23B |
|
||
| Automotive Technology | 1 | $20B |
|
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Price history
+163.9% since first listed18 events — show timeline
- 2025-02-10 Sold (Public Records) $95,000 Public Records
- 2024-12-17 Pending — REALCOMP
- 2024-10-31 Pending — MiRealSource-MiMLS
- 2024-10-31 Pending — REALCOMP
- 2024-10-23 Price Changed $95,000 MiRealSource-MiMLS
- 2024-10-23 Price Changed $95,000 REALCOMP
- 2024-09-24 Relisted — REALCOMP
- 2024-09-24 Relisted — MiRealSource-MiMLS
- 2024-08-28 Pending — MiRealSource-MiMLS
- 2024-08-28 Pending — REALCOMP
- 2024-08-12 Listed $109,000 MiRealSource-MiMLS
- 2024-08-12 Listed $109,000 REALCOMP
- 2019-09-13 Sold (MLS) $40,100 MiRealSource-MiMLS
- 2019-09-13 Sold (MLS) $40,100 REALCOMP
- 2019-08-22 Pending — MiRealSource-MiMLS
- 2019-08-22 Pending — REALCOMP
- 2019-08-12 Listed $36,000 MiRealSource-MiMLS
- 2019-08-12 Listed $36,000 REALCOMP
Property tax history
-3.3%/yrLatest (2025): $1,140 · -27.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…