10320 Crocuslawn St · Detroit, MI 48204

$108,000

3 bd · 1.0 ba · 1,440 sqft · SingleFamily public records · 53 Days on market

Built 1926 3,920 sqft lot $75/sqft · 143% above area

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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 +21.2/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +6.8/10.0
• 1% rule +5.8/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0

Listing remarks MLS

This fully remodeled three-bedroom bungalow is perfect for any family! This property features a giant enclosed porch, featuring recess lights, fresh paint, new luxury vinyl plank floors and great big windows that give you the same pleasure as sitting on the porch without the weather conditions. Entering the property you will notice the professionally sanded and stained hardwood floors. The floors compliment the paint color and the natural fireplace very, very well! Topping off the living room you will also notice recess lights above! This property also features a separate dining room and kitchen. The dining room features nice recess lighting and also a nice elegant center fixture. Entering the kitchen you will notice the very nice new countertops and freshly installed cabinets. Kitchen also features brand new custom porcelain flooring along with stainless steel appliances (Refrigerator, Electric Stove & Attached Microwave). You'll also notice a tall backsplash above the countertop wrapping majority of the kitchen. This home's first floor full bath is absolutely AMAZING! And also better than most similar homes in the area, this bathroom features porcelain tile extending almost nearly to the ceiling of the bathroom. Also installed are brand new tub, toilet mirror and fixtures. Heading upstairs you'll notice you have a large primary bedroom that could be sectioned off as 2 separate bedrooms . Upstairs features a ceiling fan and also recess lights hanging from above. This property also features a freshly painted basement currently unfinished that could be made into a great relaxation spot. The backyard also includes a freshly installed privacy fence and also a gate that locks if you would like to park your vehicles in the backyard with privacy!

Key facts

• Recess lights
• Natural fireplace
• Separate dining room

Tags

• ENCLOSED PORCH
• HARDWOOD FLOORS
• NATURAL FIREPLACE
• RECESS LIGHTS
• SEPARATE DINING ROOM
• NEW COUNTERTOPS

Property features AI

Exterior

• Parking: Driveway; No garage
• Utilities: Public water; Public sewer; Sewer and water available
• Home design: Single-family residence; One and one-half stories; Ground-level entry
• Construction: Brick and vinyl siding; Block foundation; Built (year not provided)
• Exterior features: Enclosed porch; Porch; Fenced backyard

Interior

• Kitchen: Free-standing electric oven; Free-standing refrigerator; Microwave
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); Ceiling fan(s); No central air
• Interior features: Gas water heater; Microwave; Living room wood-burning fireplace; Unfinished basement; 4 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $108k.

Deal economics

• At list price, monthly cash flow is $157 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $108k).
• Recommended offer: $105k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 10.2% 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: 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: 244 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 51% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 41% of the median local income ($34k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $12k of equity ($747 loan paydown + $11k appreciation (10.0% local appreciation)).
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $30k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 53 days — a 3% lower offer ($105k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 27y ago; this cycle's ask has dropped $17k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $75k; 44% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $104,760 (3.0% below list)

Questions for the listing agent

1. 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?
2. Built in 1926 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 1.08% ✓
• Cap rate: 8.04%
• Cash-on-cash: 6.22%
• DSCR: 1.28
• GRM: 7.7

CMA / ARV

• ARV (median comp): $47,350
• List price: $108,000
• Delta: 128.09%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10405 Orangelawn St	0.08mi	3/1.5	1,350 (-6%)	3mo	$7,000	$5	81
10340 Maplelawn St	0.10mi	3/2.0	1,296 (-10%)	5mo	$27,000	$21	71
9412 Steel St	0.46mi	3/1.5	1,353 (-6%)	7mo	$95,000	$70	61
9206 Pinehurst St	0.43mi	3/1.5	1,308 (-9%)	3mo	$45,000	$34	60
12162 Kentucky St	0.74mi	3/1.0	1,415 (-2%)	4mo	$42,000	$30	59
12027 Manor St	0.59mi	3/1.0	1,340 (-7%)	3mo	$86,750	$65	58
9338 Cheyenne St	0.66mi	3/1.0	1,565 (+9%)	1mo	$50,000	$32	54
11931 Wisconsin St	0.70mi	3/3.0	1,407 (-2%)	5mo	$135,900	$97	52
10327 Kramer St	0.61mi	3/1.5	1,273 (-12%)	1mo	$133,770	$105	50
9300 Cheyenne St	0.67mi	4/2.0 (+1)	1,487 (+3%)	8mo	$72,200	$49	48
9145 Pinehurst St	0.50mi	3/1.5	1,240 (-14%)	5mo	$66,000	$53	47
12096 Meyers Rd	0.66mi	3/1.0	1,248 (-13%)	0mo	$30,000	$24	47

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 28.8%
• Equity multiple: 3.28×
• Total profit: $68,835
• Equity at exit: $97,295

10-year hold

• IRR: 25.1%
• Equity multiple: 7.45×
• Total profit: $194,912
• Equity at exit: $209,820

Cash invested: $30,240 (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 48204

• Home prices YoY: 18.5%
• Active inventory: 244
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,167 high
• Mortgage (P&I): −$566
• Tax from tax record: −$154 /mo · $1,844/yr
• Insurance: −$45
• HOA: −$0
• Vacancy / Maint / Mgmt: −$245
• Net cashflow: $157

Break-even live

Break-even rent $968

Max offer price $108,000

Occupancy floor 82%

Sensitivity live

Price	-10% $218	-5% $187	+0% $157	+5% $126	+10% $96
Rent	-10% $65	-5% $111	+0% $157	+5% $203	+10% $249
Rate	-1.0pp $211	-0.5pp $184	base $157	+0.5pp $129	+1.0pp $100

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: $27,000
• Closing costs: $3,240
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10359 Violetlawn St Unit 1 Detroit, MI	2.0	1.0	1200	$985	$0.82	44d	1	0.06mi
10303 Morley St #1 Detroit, MI	2.0	1.0	950	$950	$1.00	44d	1	0.10mi
10002 Manor Unit 1 Detroit, MI	2.0	1.0	1000	$1,050	$1.05	44d	1	0.29mi
10002 Manor Unit 2 Detroit, MI	3.0	1.0	1100	$1,150	$1.05	44d	1	0.29mi
9558 Meyers Rd Detroit, MI	3.0	1.0	950	$1,150	$1.21	44d	1	0.30mi
9209 Pinehurst St Detroit, MI	3.0	1.0	1589	$1,500	$0.94	44d	1	0.42mi
12775 Plymouth Rd Unit 16 Detroit, MI	2.0	1.0	1009	$825	$0.82	44d	1	0.50mi
9355 Ward St Detroit, MI	3.0	1.0	1200	$1,327	$1.11	44d	1	0.61mi
12144 Washburn St Detroit, MI	3.0	1.0	1200	$1,200	$1.00	15d	1	0.70mi
9022 Northlawn St Detroit, MI	2.0	1.0	1100	$1,300	$1.18	25d	1	0.70mi
9340 Hartwell St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	44d	1	0.77mi
12468 Mendota St Detroit, MI	2.0	1.0	1100	$1,000	$0.91	25d	1	0.84mi
12468 Mendota St Detroit, MI	2.0	1.0	1100	$1,100	$1.00	44d	1	0.84mi
8283 Pinehurst St Unit 2 Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	0.90mi
12303 Cloverlawn St Detroit, MI	3.0	1.5	1454	$1,400	$0.96	44d	1	0.93mi
12650 Griggs St Detroit, MI	3.0	2.0	1628	$1,375	$0.84	25d	1	0.93mi
8320 Northlawn St Detroit, MI	3.0	1.0	1737	$1,550	$0.89	21d	1	0.98mi
8230 Ohio St Detroit, MI	3.0	1.0	1350	$1,200	$0.89	17d	1	1.03mi
8143 Wisconsin St Detroit, MI	4.0	1.0	1370	$1,800	$1.31	0d	1	1.05mi
12703 Northlawn St Detroit, MI	2.0	1.0	1365	$1,053	$0.77	21d	1	1.09mi
8353 Alpine St Detroit, MI	2.0	1.0	1000	$1,050	$1.05	44d	1	1.10mi
12032 Santa Rosa Dr Unit 1 Detroit, MI	3.0	1.0	900	$1,423	$1.58	5d	1	1.23mi
12123 Santa Rosa Dr Detroit, MI	2.0	1.0	1680	$1,000	$0.60	25d	1	1.25mi
12019 Stoepel St Detroit, MI	2.0	1.0	1000	$943	$0.94	5d	1	1.25mi
12415 Monica St Detroit, MI	2.0	1.0	1000	$1,200	$1.20	44d	1	1.33mi
9590 Marlowe St Detroit, MI	2.0	1.0	877	$1,430	$1.63	44d	1	1.35mi
9789 Chenlot St Unit 1 Detroit, MI	2.0	1.0	1000	$1,000	$1.00	5d	1	1.38mi
13620 Kentucky St Detroit, MI	3.0	1.0	1248	$1,200	$0.96	5d	1	1.39mi
14740 W Chicago Unit B Detroit, MI	2.0	1.0	900	$845	$0.94	44d	1	1.42mi
11431 Marlowe St Detroit, MI	3.0	1.0	1172	$1,400	$1.19	17d	1	1.42mi
9501 Lauder St Detroit, MI	3.0	2.0	1152	$1,350	$1.17	44d	1	1.44mi
13910 Kentucky St Detroit, MI	2.0	1.0	1680	$1,000	$0.60	44d	1	1.45mi
12663 Stoepel St Detroit, MI	2.0	1.0	1100	$1,050	$0.95	22d	1	1.46mi
13965 Mendota St Detroit, MI	3.0	1.0	1222	$1,294	$1.06	18d	1	1.48mi
8762 Epworth St Unit 8768 Detroit, MI	2.0	1.0	900	$1,000	$1.11	25d	1	1.50mi

Listing history 30 events

1. 2026-06-18
   days on market $108,000 Active 53 DOM

   Show marketing remark (1776 chars)

   This fully remodeled three-bedroom bungalow is perfect for any family! This property features a giant enclosed porch, featuring recess lights, fresh paint, new luxury vinyl plank floors and great big windows that give you the same pleasure as sitting on the porch without the weather conditions. Entering the property you will notice the professionally sanded and stained hardwood floors. The floors compliment the paint color and the natural fireplace very, very well! Topping off the living room you will also notice recess lights above! This property also features a separate dining room and kitchen. The dining room features nice recess lighting and also a nice elegant center fixture. Entering the kitchen you will notice the very nice new countertops and freshly installed cabinets. Kitchen also features brand new custom porcelain flooring along with stainless steel appliances (Refrigerator, Electric Stove & Attached Microwave). You'll also notice a tall backsplash above the countertop wrapping majority of the kitchen. This home's first floor full bath is absolutely AMAZING! And also better than most similar homes in the area, this bathroom features porcelain tile extending almost nearly to the ceiling of the bathroom. Also installed are brand new tub, toilet mirror and fixtures. Heading upstairs you'll notice you have a large primary bedroom that could be sectioned off as 2 separate bedrooms . Upstairs features a ceiling fan and also recess lights hanging from above. This property also features a freshly painted basement currently unfinished that could be made into a great relaxation spot. The backyard also includes a freshly installed privacy fence and also a gate that locks if you would like to park your vehicles in the backyard with privacy!

2. 2026-06-17
   price $108,000 Active 52 DOM
3. 2026-06-17
   days on market $115,000 Active 52 DOM
4. 2026-06-15
   days on market $115,000 Active 50 DOM
5. 2026-06-13
   days on market $115,000 Active 48 DOM
6. 2026-06-13
   days on market $115,000 Active 47 DOM
7. 2026-06-09
   days on market $115,000 Active 44 DOM
8. 2026-06-08
   days on market $115,000 Active 43 DOM
9. 2026-06-07
   days on market $115,000 Active 42 DOM
10. 2026-06-04
    days on market $115,000 Active 39 DOM
11. 2026-06-03
    days on market $115,000 Active 38 DOM
12. 2026-06-02
    days on market $115,000 Active 37 DOM
13. 2026-06-01
    days on market $115,000 Active 36 DOM
14. 2026-05-31
    days on market $115,000 Active 35 DOM
15. 2026-05-16
    price $115,000 1776-char remark

    Show marketing remark (1776 chars)

    This fully remodeled three-bedroom bungalow is perfect for any family! This property features a giant enclosed porch, featuring recess lights, fresh paint, new luxury vinyl plank floors and great big windows that give you the same pleasure as sitting on the porch without the weather conditions. Entering the property you will notice the professionally sanded and stained hardwood floors. The floors compliment the paint color and the natural fireplace very, very well! Topping off the living room you will also notice recess lights above! This property also features a separate dining room and kitchen. The dining room features nice recess lighting and also a nice elegant center fixture. Entering the kitchen you will notice the very nice new countertops and freshly installed cabinets. Kitchen also features brand new custom porcelain flooring along with stainless steel appliances (Refrigerator, Electric Stove & Attached Microwave). You'll also notice a tall backsplash above the countertop wrapping majority of the kitchen. This home's first floor full bath is absolutely AMAZING! And also better than most similar homes in the area, this bathroom features porcelain tile extending almost nearly to the ceiling of the bathroom. Also installed are brand new tub, toilet mirror and fixtures. Heading upstairs you'll notice you have a large primary bedroom that could be sectioned off as 2 separate bedrooms . Upstairs features a ceiling fan and also recess lights hanging from above. This property also features a freshly painted basement currently unfinished that could be made into a great relaxation spot. The backyard also includes a freshly installed privacy fence and also a gate that locks if you would like to park your vehicles in the backyard with privacy!

16. 2026-05-16
    price $115,000 1776-char remark

    Show marketing remark (1776 chars)

    This fully remodeled three-bedroom bungalow is perfect for any family! This property features a giant enclosed porch, featuring recess lights, fresh paint, new luxury vinyl plank floors and great big windows that give you the same pleasure as sitting on the porch without the weather conditions. Entering the property you will notice the professionally sanded and stained hardwood floors. The floors compliment the paint color and the natural fireplace very, very well! Topping off the living room you will also notice recess lights above! This property also features a separate dining room and kitchen. The dining room features nice recess lighting and also a nice elegant center fixture. Entering the kitchen you will notice the very nice new countertops and freshly installed cabinets. Kitchen also features brand new custom porcelain flooring along with stainless steel appliances (Refrigerator, Electric Stove & Attached Microwave). You'll also notice a tall backsplash above the countertop wrapping majority of the kitchen. This home's first floor full bath is absolutely AMAZING! And also better than most similar homes in the area, this bathroom features porcelain tile extending almost nearly to the ceiling of the bathroom. Also installed are brand new tub, toilet mirror and fixtures. Heading upstairs you'll notice you have a large primary bedroom that could be sectioned off as 2 separate bedrooms . Upstairs features a ceiling fan and also recess lights hanging from above. This property also features a freshly painted basement currently unfinished that could be made into a great relaxation spot. The backyard also includes a freshly installed privacy fence and also a gate that locks if you would like to park your vehicles in the backyard with privacy!

17. 2026-04-26
    listed $125,000 Active 1776-char remark

    Show marketing remark (1776 chars)

    This fully remodeled three-bedroom bungalow is perfect for any family! This property features a giant enclosed porch, featuring recess lights, fresh paint, new luxury vinyl plank floors and great big windows that give you the same pleasure as sitting on the porch without the weather conditions. Entering the property you will notice the professionally sanded and stained hardwood floors. The floors compliment the paint color and the natural fireplace very, very well! Topping off the living room you will also notice recess lights above! This property also features a separate dining room and kitchen. The dining room features nice recess lighting and also a nice elegant center fixture. Entering the kitchen you will notice the very nice new countertops and freshly installed cabinets. Kitchen also features brand new custom porcelain flooring along with stainless steel appliances (Refrigerator, Electric Stove & Attached Microwave). You'll also notice a tall backsplash above the countertop wrapping majority of the kitchen. This home's first floor full bath is absolutely AMAZING! And also better than most similar homes in the area, this bathroom features porcelain tile extending almost nearly to the ceiling of the bathroom. Also installed are brand new tub, toilet mirror and fixtures. Heading upstairs you'll notice you have a large primary bedroom that could be sectioned off as 2 separate bedrooms . Upstairs features a ceiling fan and also recess lights hanging from above. This property also features a freshly painted basement currently unfinished that could be made into a great relaxation spot. The backyard also includes a freshly installed privacy fence and also a gate that locks if you would like to park your vehicles in the backyard with privacy!

18. 2026-04-26
    listed $125,000 Active 1776-char remark

    Show marketing remark (1776 chars)

    This fully remodeled three-bedroom bungalow is perfect for any family! This property features a giant enclosed porch, featuring recess lights, fresh paint, new luxury vinyl plank floors and great big windows that give you the same pleasure as sitting on the porch without the weather conditions. Entering the property you will notice the professionally sanded and stained hardwood floors. The floors compliment the paint color and the natural fireplace very, very well! Topping off the living room you will also notice recess lights above! This property also features a separate dining room and kitchen. The dining room features nice recess lighting and also a nice elegant center fixture. Entering the kitchen you will notice the very nice new countertops and freshly installed cabinets. Kitchen also features brand new custom porcelain flooring along with stainless steel appliances (Refrigerator, Electric Stove & Attached Microwave). You'll also notice a tall backsplash above the countertop wrapping majority of the kitchen. This home's first floor full bath is absolutely AMAZING! And also better than most similar homes in the area, this bathroom features porcelain tile extending almost nearly to the ceiling of the bathroom. Also installed are brand new tub, toilet mirror and fixtures. Heading upstairs you'll notice you have a large primary bedroom that could be sectioned off as 2 separate bedrooms . Upstairs features a ceiling fan and also recess lights hanging from above. This property also features a freshly painted basement currently unfinished that could be made into a great relaxation spot. The backyard also includes a freshly installed privacy fence and also a gate that locks if you would like to park your vehicles in the backyard with privacy!

19. 2026-04-17
    historical
20. 2026-04-16
    historical
21. 2026-02-17
    price $135,000
22. 2026-02-17
    price $135,000
23. 2026-02-17
    price $135,000
24. 2026-01-18
    listed $140,000 Active
25. 2026-01-18
    listed $140,000 Active
26. 2026-01-16
    historical
27. 2007-03-02
    soldstatus $75,000
28. 2002-11-20
    soldstatus $13,900
29. 2000-02-29
    historical
30. 1999-11-19
    listed $51,000

ⓘ 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: $1,844 · $154/mo
• Projected year-2 tax: $1,844 · $154/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥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: $14,003
• − Mortgage interest: −$6,050
• − Property taxes: −$1,844
• − Insurance: −$540
• − Repairs & maintenance: −$1,120
• − Management: −$1,120
• − Depreciation: −$3,142
• Taxable income: $186
• Est. tax owed @ 24.0%: −$45
• After-tax cash flow: $1,837/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): 20,696
• Household income: $34,468
• Rent vs Own: 45.0% rent · 55.0% own
• Severe rent burden: 1418.0

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 (86%)
• Race & ethnicity: Black 86% Two or more races 7% Hispanic / Latino 5% White 4% Native American 2%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Hispanic 1% Romanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 4%

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: ▲ 36.51%
• Current HPI: 234.0465
• 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

+111.8% since first listed

18 events — show timeline

• 2026-06-18 Price Changed $108,000 MiRealSource-MiMLS
• 2026-06-17 Price Changed $108,000 REALCOMP
• 2026-05-16 Price Changed $115,000 MiRealSource-MiMLS
• 2026-05-16 Price Changed $115,000 REALCOMP
• 2026-04-26 Listed $125,000 REALCOMP
• 2026-04-26 Listed $125,000 MiRealSource-MiMLS
• 2026-04-17 Listing Removed — MiRealSource-MiMLS
• 2026-04-16 Listing Removed — REALCOMP
• 2026-02-17 Price Changed $135,000 MiRealSource-MiMLS
• 2026-02-17 Price Changed $135,000 REALCOMP
• 2026-02-17 Price Changed $135,000 SW Michigan MLS
• 2026-01-18 Listed $140,000 REALCOMP
• 2026-01-18 Listed $140,000 MiRealSource-MiMLS
• 2026-01-16 Coming Soon — MiRealSource-MiMLS
• 2007-03-02 Sold (Public Records) $75,000 Public Records
• 2002-11-20 Sold (Public Records) $13,900 Public Records
• 2000-02-29 Listing Removed — REALCOMP
• 1999-11-19 Listed $51,000 REALCOMP

Property tax history

+20.4%/yr

Latest (2025): $1,844 · +0.0% YoY. Source: county tax records.