19322 Ilene St · Detroit, MI 48221

$165,000

3 bd · 1.0 ba · 1,144 sqft · SingleFamily public records · 7 Days on market

Built 1940 4,792 sqft lot

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Why this score? — see what drove the D 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 +16.2/30.0
• ARV discount +7.5/15.0
• DSCR +5.0/10.0
• Livability +3.7/5.0
• 1% rule +3.6/10.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this quiet tree lined block and it's well maintained homes! This classic brick bungalow was lovingly renovated by it's owner occupant and is as move in ready as it gets. Everything has been done for you- windows, garage exterior and roof, kitchen, bath, hardwood floors, immaculate basement, full length driveway and tasteful landscaping with mature bushes framing the covered porch. This home has two light filled downstairs bedrooms, ideal for a family, or for use as a guest room or office, and the upstairs primary offers tons of space for a private living suite with ample closet space. A full clean basement with new laundry tub has plenty of room for a home gym, additional workspace and storage. New incoming copper house main waterlines have recently been completed. Sewer line professionally cleaned and scoped in April 2026. You will love the proximity to The Livernois corridor with its shops and restaurants, and be minutes from New Center, Midtown, Royal Oak, Ferndale and Palmer Park. Seller will not require occupancy, you'll get keys at close! No Seller Financing or Rent to Own inquiries please. Buyer Agent To Verify All Information

Key facts

• Covered porch
• Renovated kitchen
• Full length driveway

Tags

• CLASSIC BRICK BUNGALOW
• RENOVATED KITCHEN
• IMMACULATE BASEMENT
• FULL LENGTH DRIVEWAY
• TASTEFUL LANDSCAPING
• COVERED PORCH

Property features AI

Finance

• Financial info: $1,300 annual tax (provided)

Exterior

• Parking: Detached garage; Driveway; Approximately 1.5 garage spaces
• Utilities: Cable available; Underground utilities; Public water available; Public sewer
• Home design: Single-family residence; Two levels; Ground-level entry with steps; Brick construction
• Construction: Brick exterior; Asphalt roof; Block and brick/mortar foundation; Built area above grade: 1,144 square feet
• Exterior features: Covered porch; Paved road access; No pool

Interior

• Kitchen: Free-standing electric oven; Range hood; Gas water heater
• Bedrooms: 3 total rooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Natural gas heating; No central cooling
• Interior features: Entrance foyer; Smart thermostat; Wood-burning fireplace in the great room; Unfinished basement
• Laundry & utility: Washer/dryer hookups (implied by utilities and basement)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $86 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $142k (14.2% below list).
• Recommended offer: $142k (14.2% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 10.0% in Detroit — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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: 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.
• Zoned schools: Vernor Elementary School (math 24% / reading 24%, grade F, #980 of 1,397 statewide, top 74%, 328 students, 87% FRL); Mumford High School (math 24% / reading 24%, grade F, #481 of 713 statewide, top 81%, 889 students, 86% FRL) — zoned schools at 87% FRL track the district average.
• Market conditions: Rents rising (+3.4%/yr); 349 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 $1k of loan paydown is wiped out by about $5k 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.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts 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 $82k; list at $165k implies a 100% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $141,512 (14.2% below list)

Questions for the listing agent

1. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 0.86% ✗
• Cap rate: 6.92%
• Cash-on-cash: 2.24%
• DSCR: 1.10
• GRM: 9.7

CMA / ARV

• ARV (on-the-fly): $98,384
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
19322 Ilene St	0.00mi	3/1.0	1,144 (0%)	0mo	$165,000	$144	100
19366 Kentucky St	0.17mi	3/1.5	1,148 (+0%)	4mo	$99,000	$86	86
19159 Meyers Rd	0.43mi	2/1.0 (-1)	1,094 (-4%)	3mo	$87,500	$80	66
19958 Washburn St	0.40mi	3/1.0	1,046 (-9%)	6mo	$100,000	$96	62
18093 Mendota St	0.72mi	3/1.0	1,132 (-1%)	4mo	$133,000	$117	62
20018 Wyoming Ave	0.46mi	3/1.0	1,043 (-9%)	4mo	$66,500	$64	61
18292 Mendota St	0.59mi	3/1.0	1,232 (+8%)	1mo	$145,000	$118	59
20110 Northlawn St	0.68mi	3/1.0	1,100 (-4%)	3mo	$67,000	$61	59
19719 Ward St	0.68mi	2/1.5 (-1)	1,160 (+1%)	5mo	$120,000	$103	54
20046 Kentucky St	0.51mi	3/1.0	1,027 (-10%)	7mo	$77,000	$75	54
20203 Monte Vista St	0.67mi	3/1.0	1,000 (-13%)	4mo	$75,000	$75	44
20126 Steel St	0.72mi	3/1.0	1,297 (+13%)	5mo	$65,625	$51	40

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 · 3.44% rent growth · sell at horizon

5-year hold

• IRR: -12.3%
• Equity multiple: 0.55×
• Total profit: $-20,657
• Equity at exit: $24,602

10-year hold

• IRR: -2.7%
• Equity multiple: 0.82×
• Total profit: $-8,490
• Equity at exit: $14,266

Cash invested: $46,200 (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

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48221

• Rents YoY: 3.4%
• Active inventory: 349
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,415 high
• Mortgage (P&I): −$865
• Tax from tax record: −$98 /mo · $1,171/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$297
• Net cashflow: $86

Break-even live

Break-even rent $1,306

Max offer price $165,000

Occupancy floor 89%

Sensitivity live

Price	-10% $180	-5% $133	+0% $86	+5% $40	+10% $-7
Rent	-10% $-25	-5% $30	+0% $86	+5% $142	+10% $198
Rate	-1.0pp $169	-0.5pp $128	base $86	+0.5pp $44	+1.0pp $0

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
18935 Indiana St Detroit, MI	3.0	1.0	1248	$1,523	$1.22	6d	1	0.34mi
19929 Monte Vista St Detroit, MI	3.0	1.0	860	$1,450	$1.69	19d	1	0.46mi
20009 Wisconsin St Detroit, MI	3.0	1.5	1051	$1,400	$1.33	19d	1	0.49mi
20032 Monte Vista St Detroit, MI	3.0	1.0	1000	$1,294	$1.29	22d	1	0.53mi
18675 Meyers Rd Unit 18677 Detroit, MI	2.0	1.0	942	$1,100	$1.17	45d	1	0.54mi
19986 Cherrylawn St Detroit, MI	4.0	1.5	1144	$1,700	$1.49	19d	1	0.56mi
20185 Indiana St Detroit, MI	2.0	1.5	1096	$1,275	$1.16	45d	1	0.60mi
20122 Manor St Detroit, MI	3.0	1.0	1028	$1,200	$1.17	45d	1	0.60mi
20110 Northlawn St Detroit, MI	3.0	1.0	1100	$1,350	$1.23	19d	1	0.67mi
20445 Kentucky St Detroit, MI	3.0	1.0	1046	$1,200	$1.15	26d	1	0.70mi
20460 Griggs St Detroit, MI	2.0	1.0	910	$1,100	$1.21	19d	1	0.70mi
20245 Manor Detroit, MI	3.0	1.0	1018	$1,400	$1.38	4d	1	0.71mi
20045 Greenlawn St Detroit, MI	3.0	1.0	925	$1,350	$1.46	45d	1	0.72mi
20458 Indiana St Detroit, MI	3.0	1.0	1049	$1,300	$1.24	19d	1	0.73mi
20429 Monte Vista St Detroit, MI	3.0	1.0	872	$1,300	$1.49	19d	1	0.74mi
20515 Ilene St Detroit, MI	3.0	1.0	891	$1,450	$1.63	45d	1	0.75mi
19474 Schaefer Hwy Detroit, MI	2.0	1.0	896	$1,075	$1.20	6d	1	0.90mi
17540 Pinehurst St Detroit, MI	3.0	1.0	1200	$1,395	$1.16	45d	1	0.92mi
18512 Schaefer Hwy Detroit, MI	2.0	1.0	962	$1,200	$1.25	26d	1	0.98mi
20038 Santa Rosa Dr Detroit, MI	3.0	1.0	927	$1,300	$1.40	19d	1	1.09mi
19031 Livernois Unit F Detroit, MI	2.0	2.0	1100	$2,135	$1.94	45d	1	1.11mi
17150 Meyers Rd Detroit, MI	1.0–2.0	1.0	775	$975	$1.26	45d	2	1.14mi
20426 Tracey St Detroit, MI	3.0	1.0	1200	$1,200	$1.00	26d	1	1.16mi
17195 Northlawn St #2 Detroit, MI	2.0	1.0	1200	$1,050	$0.88	26d	1	1.17mi
17195 Northlawn St #1 Detroit, MI	2.0	1.0	1200	$1,100	$0.92	21d	1	1.17mi
17368 Woodingham Dr Detroit, MI	3.0	1.5	1200	$1,800	$1.50	45d	1	1.18mi
17159 Northlawn St Unit 17161 Detroit, MI	2.0	1.0	1122	$975	$0.87	6d	1	1.20mi
21374 Ithaca Ave Ferndale, MI	3.0	1.0	996	$1,775	$1.78	26d	1	1.22mi
16889 Washburn St Detroit, MI	3.0	1.5	1300	$1,100	$0.85	19d	1	1.26mi
18010 Lesure St Detroit, MI	3.0	1.0	1010	$1,500	$1.49	0d	1	1.27mi
20042 Freeland St Detroit, MI	3.0	1.5	1445	$1,300	$0.90	0d	1	1.28mi
17596 Santa Rosa Dr Unit 2 Detroit, MI	2.0	1.0	1350	$1,195	$0.89	26d	1	1.31mi
17596 Santa Rosa Dr Detroit, MI	2.0	1.0	1350	$1,195	$0.89	45d	1	1.31mi
17551 Santa Rosa Dr Detroit, MI	2.0	1.0	1036	$1,095	$1.06	45d	1	1.32mi
17163 Prairie St Unit 1B Detroit, MI	3.0	1.5	1317	$1,350	$1.03	45d	1	1.42mi
18257 Mark Twain St Detroit, MI	3.0	1.0	1185	$1,507	$1.27	18d	1	1.42mi
631 Shasta Pl Ferndale, MI	3.0	2.0	1317	$2,100	$1.59	45d	1	1.44mi
20129 Stratford Rd Unit 2 Detroit, MI	2.0	1.0	1100	$1,223	$1.11	26d	1	1.45mi
510 Stratford Rd Ferndale, MI	2.0	1.0	965	$1,750	$1.81	45d	1	1.46mi
17147 Monica St Unit 2 1 Detroit, MI	2.0	1.0	900	$975	$1.08	26d	1	1.46mi

Listing history 20 events

1. 2026-05-07
   status Pending 1162-char remark

   Show marketing remark (1162 chars)

   Welcome to this quiet tree lined block and it's well maintained homes! This classic brick bungalow was lovingly renovated by it's owner occupant and is as move in ready as it gets. Everything has been done for you- windows, garage exterior and roof, kitchen, bath, hardwood floors, immaculate basement, full length driveway and tasteful landscaping with mature bushes framing the covered porch. This home has two light filled downstairs bedrooms, ideal for a family, or for use as a guest room or office, and the upstairs primary offers tons of space for a private living suite with ample closet space. A full clean basement with new laundry tub has plenty of room for a home gym, additional workspace and storage. New incoming copper house main waterlines have recently been completed. Sewer line professionally cleaned and scoped in April 2026. You will love the proximity to The Livernois corridor with its shops and restaurants, and be minutes from New Center, Midtown, Royal Oak, Ferndale and Palmer Park. Seller will not require occupancy, you'll get keys at close! No Seller Financing or Rent to Own inquiries please. Buyer Agent To Verify All Information

2. 2026-05-07
   status Pending

   Show marketing remark (1162 chars)

   Welcome to this quiet tree lined block and it's well maintained homes! This classic brick bungalow was lovingly renovated by it's owner occupant and is as move in ready as it gets. Everything has been done for you- windows, garage exterior and roof, kitchen, bath, hardwood floors, immaculate basement, full length driveway and tasteful landscaping with mature bushes framing the covered porch. This home has two light filled downstairs bedrooms, ideal for a family, or for use as a guest room or office, and the upstairs primary offers tons of space for a private living suite with ample closet space. A full clean basement with new laundry tub has plenty of room for a home gym, additional workspace and storage. New incoming copper house main waterlines have recently been completed. Sewer line professionally cleaned and scoped in April 2026. You will love the proximity to The Livernois corridor with its shops and restaurants, and be minutes from New Center, Midtown, Royal Oak, Ferndale and Palmer Park. Seller will not require occupancy, you'll get keys at close! No Seller Financing or Rent to Own inquiries please. Buyer Agent To Verify All Information

3. 2026-05-05
   status Active Under Contract
4. 2026-04-21
   historical Active Under Contract

   Show marketing remark (1162 chars)

   Welcome to this quiet tree lined block and it's well maintained homes! This classic brick bungalow was lovingly renovated by it's owner occupant and is as move in ready as it gets. Everything has been done for you- windows, garage exterior and roof, kitchen, bath, hardwood floors, immaculate basement, full length driveway and tasteful landscaping with mature bushes framing the covered porch. This home has two light filled downstairs bedrooms, ideal for a family, or for use as a guest room or office, and the upstairs primary offers tons of space for a private living suite with ample closet space. A full clean basement with new laundry tub has plenty of room for a home gym, additional workspace and storage. New incoming copper house main waterlines have recently been completed. Sewer line professionally cleaned and scoped in April 2026. You will love the proximity to The Livernois corridor with its shops and restaurants, and be minutes from New Center, Midtown, Royal Oak, Ferndale and Palmer Park. Seller will not require occupancy, you'll get keys at close! No Seller Financing or Rent to Own inquiries please. Buyer Agent To Verify All Information

5. 2026-04-21
   historical Accepting Backup Offers 1162-char remark

   Show marketing remark (1162 chars)

   Welcome to this quiet tree lined block and it's well maintained homes! This classic brick bungalow was lovingly renovated by it's owner occupant and is as move in ready as it gets. Everything has been done for you- windows, garage exterior and roof, kitchen, bath, hardwood floors, immaculate basement, full length driveway and tasteful landscaping with mature bushes framing the covered porch. This home has two light filled downstairs bedrooms, ideal for a family, or for use as a guest room or office, and the upstairs primary offers tons of space for a private living suite with ample closet space. A full clean basement with new laundry tub has plenty of room for a home gym, additional workspace and storage. New incoming copper house main waterlines have recently been completed. Sewer line professionally cleaned and scoped in April 2026. You will love the proximity to The Livernois corridor with its shops and restaurants, and be minutes from New Center, Midtown, Royal Oak, Ferndale and Palmer Park. Seller will not require occupancy, you'll get keys at close! No Seller Financing or Rent to Own inquiries please. Buyer Agent To Verify All Information

6. 2026-04-21
   historical

   Show marketing remark (1162 chars)

   Welcome to this quiet tree lined block and it's well maintained homes! This classic brick bungalow was lovingly renovated by it's owner occupant and is as move in ready as it gets. Everything has been done for you- windows, garage exterior and roof, kitchen, bath, hardwood floors, immaculate basement, full length driveway and tasteful landscaping with mature bushes framing the covered porch. This home has two light filled downstairs bedrooms, ideal for a family, or for use as a guest room or office, and the upstairs primary offers tons of space for a private living suite with ample closet space. A full clean basement with new laundry tub has plenty of room for a home gym, additional workspace and storage. New incoming copper house main waterlines have recently been completed. Sewer line professionally cleaned and scoped in April 2026. You will love the proximity to The Livernois corridor with its shops and restaurants, and be minutes from New Center, Midtown, Royal Oak, Ferndale and Palmer Park. Seller will not require occupancy, you'll get keys at close! No Seller Financing or Rent to Own inquiries please. Buyer Agent To Verify All Information

7. 2026-04-16
   listed $165,000 Active

   Show marketing remark (1162 chars)

   Welcome to this quiet tree lined block and it's well maintained homes! This classic brick bungalow was lovingly renovated by it's owner occupant and is as move in ready as it gets. Everything has been done for you- windows, garage exterior and roof, kitchen, bath, hardwood floors, immaculate basement, full length driveway and tasteful landscaping with mature bushes framing the covered porch. This home has two light filled downstairs bedrooms, ideal for a family, or for use as a guest room or office, and the upstairs primary offers tons of space for a private living suite with ample closet space. A full clean basement with new laundry tub has plenty of room for a home gym, additional workspace and storage. New incoming copper house main waterlines have recently been completed. Sewer line professionally cleaned and scoped in April 2026. You will love the proximity to The Livernois corridor with its shops and restaurants, and be minutes from New Center, Midtown, Royal Oak, Ferndale and Palmer Park. Seller will not require occupancy, you'll get keys at close! No Seller Financing or Rent to Own inquiries please. Buyer Agent To Verify All Information

8. 2026-04-16
   listed $165,000 Active 1162-char remark

   Show marketing remark (1162 chars)

   Welcome to this quiet tree lined block and it's well maintained homes! This classic brick bungalow was lovingly renovated by it's owner occupant and is as move in ready as it gets. Everything has been done for you- windows, garage exterior and roof, kitchen, bath, hardwood floors, immaculate basement, full length driveway and tasteful landscaping with mature bushes framing the covered porch. This home has two light filled downstairs bedrooms, ideal for a family, or for use as a guest room or office, and the upstairs primary offers tons of space for a private living suite with ample closet space. A full clean basement with new laundry tub has plenty of room for a home gym, additional workspace and storage. New incoming copper house main waterlines have recently been completed. Sewer line professionally cleaned and scoped in April 2026. You will love the proximity to The Livernois corridor with its shops and restaurants, and be minutes from New Center, Midtown, Royal Oak, Ferndale and Palmer Park. Seller will not require occupancy, you'll get keys at close! No Seller Financing or Rent to Own inquiries please. Buyer Agent To Verify All Information

9. 2025-07-28
   soldstatus $82,500
10. 2025-06-26
    soldstatus $82,500 Closed 278-char remark

    Show marketing remark (278 chars)

    Excellent house is now available! Ready to move in! Don't miss the opportunity to buy this spacious house with 3 bedrooms and 1 bathroom. The house has a huge potential to be an excellent rental, addition to your portfolio or your home. Schedule your visit through showing time.

11. 2025-06-26
    soldstatus $82,500 Closed

    Show marketing remark (278 chars)

    Excellent house is now available! Ready to move in! Don't miss the opportunity to buy this spacious house with 3 bedrooms and 1 bathroom. The house has a huge potential to be an excellent rental, addition to your portfolio or your home. Schedule your visit through showing time.

12. 2025-05-30
    status Pending 278-char remark

    Show marketing remark (278 chars)

    Excellent house is now available! Ready to move in! Don't miss the opportunity to buy this spacious house with 3 bedrooms and 1 bathroom. The house has a huge potential to be an excellent rental, addition to your portfolio or your home. Schedule your visit through showing time.

13. 2025-05-30
    status Pending

    Show marketing remark (278 chars)

    Excellent house is now available! Ready to move in! Don't miss the opportunity to buy this spacious house with 3 bedrooms and 1 bathroom. The house has a huge potential to be an excellent rental, addition to your portfolio or your home. Schedule your visit through showing time.

14. 2025-05-15
    status Active 278-char remark

    Show marketing remark (278 chars)

    Excellent house is now available! Ready to move in! Don't miss the opportunity to buy this spacious house with 3 bedrooms and 1 bathroom. The house has a huge potential to be an excellent rental, addition to your portfolio or your home. Schedule your visit through showing time.

15. 2025-05-15
    status Active

    Show marketing remark (278 chars)

    Excellent house is now available! Ready to move in! Don't miss the opportunity to buy this spacious house with 3 bedrooms and 1 bathroom. The house has a huge potential to be an excellent rental, addition to your portfolio or your home. Schedule your visit through showing time.

16. 2025-05-09
    status Pending 278-char remark

    Show marketing remark (278 chars)

    Excellent house is now available! Ready to move in! Don't miss the opportunity to buy this spacious house with 3 bedrooms and 1 bathroom. The house has a huge potential to be an excellent rental, addition to your portfolio or your home. Schedule your visit through showing time.

17. 2025-05-09
    status Pending

    Show marketing remark (278 chars)

    Excellent house is now available! Ready to move in! Don't miss the opportunity to buy this spacious house with 3 bedrooms and 1 bathroom. The house has a huge potential to be an excellent rental, addition to your portfolio or your home. Schedule your visit through showing time.

18. 2025-04-29
    listed $90,000 Active

    Show marketing remark (278 chars)

    Excellent house is now available! Ready to move in! Don't miss the opportunity to buy this spacious house with 3 bedrooms and 1 bathroom. The house has a huge potential to be an excellent rental, addition to your portfolio or your home. Schedule your visit through showing time.

19. 2025-04-29
    listed $90,000 Active 278-char remark

    Show marketing remark (278 chars)

    Excellent house is now available! Ready to move in! Don't miss the opportunity to buy this spacious house with 3 bedrooms and 1 bathroom. The house has a huge potential to be an excellent rental, addition to your portfolio or your home. Schedule your visit through showing time.

20. 2018-12-04
    soldstatus $72,141

ⓘ 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: $1,171 · $98/mo
• Projected year-2 tax: $1,856 · $155/mo
• Expected delta: +$685/yr (+$57/mo · 58.5%)

ⓘ 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 · 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

Taxation est. · year 1

• Rental income: $16,981
• − Mortgage interest: −$9,243
• − Property taxes: −$1,171
• − Insurance: −$825
• − Repairs & maintenance: −$1,359
• − Management: −$1,359
• − Depreciation: −$4,800
• Taxable loss: −$1,775
• Est. tax savings @ 24.0%: +$426
• After-tax cash flow: $1,461/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): 41,392
• Household income: $57,878
• Rent vs Own: 34.0% rent · 66.0% own
• Severe rent burden: 1646.0

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 (85%)
• Race & ethnicity: Black 85% White 8% Two or more races 4% Asian 1%
• Common ancestry: Romanian 1% Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 1% Other Indo-European 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: ▼ -433.14%
• Current HPI: 280.5434
• Rent YoY: ▲ 3.44%
• 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

+128.7% since first listed

20 events — show timeline

• 2026-05-07 Pending — MiRealSource-MiMLS
• 2026-05-07 Pending — REALCOMP
• 2026-05-05 Relisted — REALCOMP
• 2026-04-21 Contingent — REALCOMP
• 2026-04-21 Contingent — MiRealSource-MiMLS
• 2026-04-21 Listing Removed — REALCOMP
• 2026-04-16 Listed $165,000 REALCOMP
• 2026-04-16 Listed $165,000 MiRealSource-MiMLS
• 2025-07-28 Sold (Public Records) $82,500 Public Records
• 2025-06-26 Sold (MLS) $82,500 REALCOMP
• 2025-06-26 Sold (MLS) $82,500 MiRealSource-MiMLS
• 2025-05-30 Pending — MiRealSource-MiMLS
• 2025-05-30 Pending — REALCOMP
• 2025-05-15 Relisted — MiRealSource-MiMLS
• 2025-05-15 Relisted — REALCOMP
• 2025-05-09 Pending — MiRealSource-MiMLS
• 2025-05-09 Pending — REALCOMP
• 2025-04-29 Listed $90,000 REALCOMP
• 2025-04-29 Listed $90,000 MiRealSource-MiMLS
• 2018-12-04 Sold (Public Records) $72,141 Public Records

Property tax history

-3.5%/yr

Latest (2025): $1,171 · -8.7% YoY. Source: county tax records.