17515 Northlawn St · Detroit, MI 48221

$149,900

4 bd · 2.5 ba · 2,920 sqft · Townhouse public records · 41 Days on market

Built 1930 5,227 sqft lot

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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
• DSCR +10.0/10.0
• 1% rule +9.3/10.0
• ARV discount +7.5/15.0
• Livability +3.7/5.0
• 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

SPRAWLING CITY CERTIFIED TWO UNIT MULT-FAMILY PROPERTY LOCATED NORTH OF MCNICHOLS AND EAST OF WYOMING. THE LOWER UNIT IS A 3 BEDROOM/1 BATHROOM UNIT AND IS CURRENTLY ON THE MARKET FOR RENT. THE UPPER UNIT IS A TWO BEDROOM/1 BATHROOM THAT IS CURRENTLY TENANT OCCUPIED. TENANT PAYS 825 PER MONTH AND ARE IN A LEASE UNTIL 9/3/26. EACH UNIT INCLUDES HARDWOOD FLOORS, DINING ROOM, SPACIOUS BEDROOMS, AND AN UNFINISHED SHARED BASEMENT. BACK ON THE MARKET DUE TO NO FAULT OF THE PROPETY. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

Key facts

• 5,227 sq ft lot
• Built 1930
• Listed 41 days

Property features AI

Finance

• Other: Lot approximately 0.12 acres (40 x 135.12); Zoned residential
• Financial info: Property used as residential income with two rental units; One 2-bedroom unit rents for $825; One 3-bedroom unit (rent not specified)

Exterior

• Utilities: Public water; Public sewer; Paved road access
• Home design: Multi-family residential property; Two levels
• Construction: Brick construction; Block foundation; Built with a shingle roof (unspecified)
• Exterior features: Front porch

Interior

• Bedrooms: One 2-bedroom unit; One 3-bedroom unit
• Bathrooms: Two full bathrooms (total)
• Heating & cooling: Forced air heating (natural gas); No central cooling
• Interior features: Unfinished basement

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath townhouse listed at $150k.

Deal economics

• At list price, monthly cash flow is $604 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $145k (3.0% 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 (+3.4%/yr); 349 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 44% of the median local income ($58k/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 $1k of loan paydown is wiped out by about $4k 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 + 3.4% rent growth), your $42k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 27 sale attempts since 12y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $57k; list at $150k implies a 163% 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 $145,403 (3.0% below list)

Questions for the listing agent

1. It's been on market 41 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 1930 — 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: 1.43% ✓
• Cap rate: 11.13%
• Cash-on-cash: 17.27%
• DSCR: 1.77
• GRM: 5.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.44% rent growth · sell at horizon

5-year hold

• IRR: 9.2%
• Equity multiple: 1.36×
• Total profit: $15,198
• Equity at exit: $22,351

10-year hold

• IRR: 18.7%
• Equity multiple: 2.60×
• Total profit: $66,971
• Equity at exit: $12,961

Cash invested: $41,972 (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: 5.8×

Monthly cashflow live

• Estimated rent: $2,140 high
• Mortgage (P&I): −$786
• Tax from tax record: −$238 /mo · $2,854/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$449
• Net cashflow: $604

Break-even live

Break-even rent $1,375

Max offer price $149,900

Occupancy floor 67%

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16211 Kentucky St Detroit, MI	4.0	2.0	2168	$1,995	$0.92	17d	1	0.72mi
15756 Ohio St Detroit, MI	5.0	2.0	1934	$1,700	$0.88	24d	1	0.96mi
19510 Stratford Rd Detroit, MI	3.0	5.0	4057	$3,000	$0.74	43d	1	1.43mi
19510 Stratford Rd Detroit, MI	4.0	3.5	4057	$3,000	$0.74	15d	1	1.43mi
16503 Linwood St Detroit, MI	4.0	2.0	2415	$1,800	$0.75	3d	1	1.44mi

Listing history 50 events

1. 2026-06-18
   days on market $149,900 Active 41 DOM
2. 2026-06-17
   days on market $149,900 Active 40 DOM
3. 2026-06-15
   days on market $149,900 Active 38 DOM
4. 2026-06-13
   days on market $149,900 Active 36 DOM
5. 2026-06-13
   days on market $149,900 Active 35 DOM
6. 2026-06-09
   days on market $149,900 Active 32 DOM
7. 2026-06-08
   days on market $149,900 Active 31 DOM
8. 2026-06-07
   days on market $149,900 Active 30 DOM
9. 2026-06-04
   days on market $149,900 Active 27 DOM
10. 2026-06-03
    days on market $149,900 Active 26 DOM
11. 2026-06-02
    days on market $149,900 Active 25 DOM
12. 2026-06-01
    days on market $149,900 Active 24 DOM
13. 2026-05-31
    days on market $149,900 Active 23 DOM
14. 2026-05-23
    status Active 678-char remark

    Show marketing remark (678 chars)

    SPRAWLING CITY CERTIFIED TWO UNIT MULT-FAMILY PROPERTY LOCATED NORTH OF MCNICHOLS AND EAST OF WYOMING. THE LOWER UNIT IS A 3 BEDROOM/1 BATHROOM UNIT AND IS CURRENTLY ON THE MARKET FOR RENT. THE UPPER UNIT IS A TWO BEDROOM/1 BATHROOM THAT IS CURRENTLY TENANT OCCUPIED. TENANT PAYS 825 PER MONTH AND ARE IN A LEASE UNTIL 9/3/26. EACH UNIT INCLUDES HARDWOOD FLOORS, DINING ROOM, SPACIOUS BEDROOMS, AND AN UNFINISHED SHARED BASEMENT. BACK ON THE MARKET DUE TO NO FAULT OF THE PROPETY. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

15. 2026-05-23
    status Active

    Show marketing remark (678 chars)

    SPRAWLING CITY CERTIFIED TWO UNIT MULT-FAMILY PROPERTY LOCATED NORTH OF MCNICHOLS AND EAST OF WYOMING. THE LOWER UNIT IS A 3 BEDROOM/1 BATHROOM UNIT AND IS CURRENTLY ON THE MARKET FOR RENT. THE UPPER UNIT IS A TWO BEDROOM/1 BATHROOM THAT IS CURRENTLY TENANT OCCUPIED. TENANT PAYS 825 PER MONTH AND ARE IN A LEASE UNTIL 9/3/26. EACH UNIT INCLUDES HARDWOOD FLOORS, DINING ROOM, SPACIOUS BEDROOMS, AND AN UNFINISHED SHARED BASEMENT. BACK ON THE MARKET DUE TO NO FAULT OF THE PROPETY. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

16. 2026-04-15
    status Pending

    Show marketing remark (678 chars)

    SPRAWLING CITY CERTIFIED TWO UNIT MULT-FAMILY PROPERTY LOCATED NORTH OF MCNICHOLS AND EAST OF WYOMING. THE LOWER UNIT IS A 3 BEDROOM/1 BATHROOM UNIT AND IS CURRENTLY ON THE MARKET FOR RENT. THE UPPER UNIT IS A TWO BEDROOM/1 BATHROOM THAT IS CURRENTLY TENANT OCCUPIED. TENANT PAYS 825 PER MONTH AND ARE IN A LEASE UNTIL 9/3/26. EACH UNIT INCLUDES HARDWOOD FLOORS, DINING ROOM, SPACIOUS BEDROOMS, AND AN UNFINISHED SHARED BASEMENT. BACK ON THE MARKET DUE TO NO FAULT OF THE PROPETY. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

17. 2026-04-15
    status Pending 678-char remark

    Show marketing remark (678 chars)

    SPRAWLING CITY CERTIFIED TWO UNIT MULT-FAMILY PROPERTY LOCATED NORTH OF MCNICHOLS AND EAST OF WYOMING. THE LOWER UNIT IS A 3 BEDROOM/1 BATHROOM UNIT AND IS CURRENTLY ON THE MARKET FOR RENT. THE UPPER UNIT IS A TWO BEDROOM/1 BATHROOM THAT IS CURRENTLY TENANT OCCUPIED. TENANT PAYS 825 PER MONTH AND ARE IN A LEASE UNTIL 9/3/26. EACH UNIT INCLUDES HARDWOOD FLOORS, DINING ROOM, SPACIOUS BEDROOMS, AND AN UNFINISHED SHARED BASEMENT. BACK ON THE MARKET DUE TO NO FAULT OF THE PROPETY. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

18. 2026-04-02
    status Active 678-char remark

    Show marketing remark (678 chars)

    SPRAWLING CITY CERTIFIED TWO UNIT MULT-FAMILY PROPERTY LOCATED NORTH OF MCNICHOLS AND EAST OF WYOMING. THE LOWER UNIT IS A 3 BEDROOM/1 BATHROOM UNIT AND IS CURRENTLY ON THE MARKET FOR RENT. THE UPPER UNIT IS A TWO BEDROOM/1 BATHROOM THAT IS CURRENTLY TENANT OCCUPIED. TENANT PAYS 825 PER MONTH AND ARE IN A LEASE UNTIL 9/3/26. EACH UNIT INCLUDES HARDWOOD FLOORS, DINING ROOM, SPACIOUS BEDROOMS, AND AN UNFINISHED SHARED BASEMENT. BACK ON THE MARKET DUE TO NO FAULT OF THE PROPETY. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

19. 2026-04-02
    status Active

    Show marketing remark (678 chars)

    SPRAWLING CITY CERTIFIED TWO UNIT MULT-FAMILY PROPERTY LOCATED NORTH OF MCNICHOLS AND EAST OF WYOMING. THE LOWER UNIT IS A 3 BEDROOM/1 BATHROOM UNIT AND IS CURRENTLY ON THE MARKET FOR RENT. THE UPPER UNIT IS A TWO BEDROOM/1 BATHROOM THAT IS CURRENTLY TENANT OCCUPIED. TENANT PAYS 825 PER MONTH AND ARE IN A LEASE UNTIL 9/3/26. EACH UNIT INCLUDES HARDWOOD FLOORS, DINING ROOM, SPACIOUS BEDROOMS, AND AN UNFINISHED SHARED BASEMENT. BACK ON THE MARKET DUE TO NO FAULT OF THE PROPETY. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

20. 2026-03-19
    historical $995

    Show marketing remark (678 chars)

    SPRAWLING CITY CERTIFIED TWO UNIT MULT-FAMILY PROPERTY LOCATED NORTH OF MCNICHOLS AND EAST OF WYOMING. THE LOWER UNIT IS A 3 BEDROOM/1 BATHROOM UNIT AND IS CURRENTLY ON THE MARKET FOR RENT. THE UPPER UNIT IS A TWO BEDROOM/1 BATHROOM THAT IS CURRENTLY TENANT OCCUPIED. TENANT PAYS 825 PER MONTH AND ARE IN A LEASE UNTIL 9/3/26. EACH UNIT INCLUDES HARDWOOD FLOORS, DINING ROOM, SPACIOUS BEDROOMS, AND AN UNFINISHED SHARED BASEMENT. BACK ON THE MARKET DUE TO NO FAULT OF THE PROPETY. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

21. 2026-03-19
    status Pending 678-char remark

    Show marketing remark (678 chars)

    SPRAWLING CITY CERTIFIED TWO UNIT MULT-FAMILY PROPERTY LOCATED NORTH OF MCNICHOLS AND EAST OF WYOMING. THE LOWER UNIT IS A 3 BEDROOM/1 BATHROOM UNIT AND IS CURRENTLY ON THE MARKET FOR RENT. THE UPPER UNIT IS A TWO BEDROOM/1 BATHROOM THAT IS CURRENTLY TENANT OCCUPIED. TENANT PAYS 825 PER MONTH AND ARE IN A LEASE UNTIL 9/3/26. EACH UNIT INCLUDES HARDWOOD FLOORS, DINING ROOM, SPACIOUS BEDROOMS, AND AN UNFINISHED SHARED BASEMENT. BACK ON THE MARKET DUE TO NO FAULT OF THE PROPETY. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

22. 2026-03-19
    status Pending

    Show marketing remark (678 chars)

    SPRAWLING CITY CERTIFIED TWO UNIT MULT-FAMILY PROPERTY LOCATED NORTH OF MCNICHOLS AND EAST OF WYOMING. THE LOWER UNIT IS A 3 BEDROOM/1 BATHROOM UNIT AND IS CURRENTLY ON THE MARKET FOR RENT. THE UPPER UNIT IS A TWO BEDROOM/1 BATHROOM THAT IS CURRENTLY TENANT OCCUPIED. TENANT PAYS 825 PER MONTH AND ARE IN A LEASE UNTIL 9/3/26. EACH UNIT INCLUDES HARDWOOD FLOORS, DINING ROOM, SPACIOUS BEDROOMS, AND AN UNFINISHED SHARED BASEMENT. BACK ON THE MARKET DUE TO NO FAULT OF THE PROPETY. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

23. 2026-03-17
    listed $149,900 Active

    Show marketing remark (678 chars)

    SPRAWLING CITY CERTIFIED TWO UNIT MULT-FAMILY PROPERTY LOCATED NORTH OF MCNICHOLS AND EAST OF WYOMING. THE LOWER UNIT IS A 3 BEDROOM/1 BATHROOM UNIT AND IS CURRENTLY ON THE MARKET FOR RENT. THE UPPER UNIT IS A TWO BEDROOM/1 BATHROOM THAT IS CURRENTLY TENANT OCCUPIED. TENANT PAYS 825 PER MONTH AND ARE IN A LEASE UNTIL 9/3/26. EACH UNIT INCLUDES HARDWOOD FLOORS, DINING ROOM, SPACIOUS BEDROOMS, AND AN UNFINISHED SHARED BASEMENT. BACK ON THE MARKET DUE TO NO FAULT OF THE PROPETY. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

24. 2026-03-17
    listed $149,900 Active 678-char remark

    Show marketing remark (678 chars)

    SPRAWLING CITY CERTIFIED TWO UNIT MULT-FAMILY PROPERTY LOCATED NORTH OF MCNICHOLS AND EAST OF WYOMING. THE LOWER UNIT IS A 3 BEDROOM/1 BATHROOM UNIT AND IS CURRENTLY ON THE MARKET FOR RENT. THE UPPER UNIT IS A TWO BEDROOM/1 BATHROOM THAT IS CURRENTLY TENANT OCCUPIED. TENANT PAYS 825 PER MONTH AND ARE IN A LEASE UNTIL 9/3/26. EACH UNIT INCLUDES HARDWOOD FLOORS, DINING ROOM, SPACIOUS BEDROOMS, AND AN UNFINISHED SHARED BASEMENT. BACK ON THE MARKET DUE TO NO FAULT OF THE PROPETY. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

25. 2026-03-14
    listed $995
26. 2025-09-03
    historical $825
27. 2025-08-01
    price $825
28. 2025-07-23
    listed $875
29. 2024-10-08
    historical $895
30. 2024-08-12
    price $895
31. 2024-08-07
    price $950
32. 2024-07-19
    listed $1,000
33. 2022-02-11
    price $1,084
34. 2018-08-15
    soldstatus $57,000
35. 2018-08-03
    historical
36. 2018-07-30
    soldstatus $57,000 Sold
37. 2018-07-30
    soldstatus $57,000 Closed
38. 2018-07-16
    status Pending
39. 2018-07-16
    status Pending
40. 2018-07-16
    status Pending
41. 2018-07-16
    status Pending
42. 2018-07-16
    historical
43. 2018-07-11
    price $59,000
44. 2018-07-11
    price $59,000
45. 2018-07-10
    price $59,000
46. 2018-07-10
    price $59,000
47. 2018-06-22
    price $65,000
48. 2018-06-21
    price $65,000
49. 2018-06-21
    listed $65,000 Active
50. 2018-06-21
    listed $65,000 Active

ⓘ 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: $2,854 · $238/mo
• Projected year-2 tax: $2,854 · $238/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 3/10 Moderate FEMA zone X (unshaded) · 20% 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: $25,677
• − Mortgage interest: −$8,397
• − Property taxes: −$2,854
• − Insurance: −$750
• − Repairs & maintenance: −$2,054
• − Management: −$2,054
• − Depreciation: −$4,361
• Taxable income: $5,208
• Est. tax owed @ 24.0%: −$1,250
• After-tax cash flow: $5,999/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

+933.8% since first listed

73 events — show timeline

• 2026-05-23 Relisted — MiRealSource-MiMLS
• 2026-05-23 Relisted — REALCOMP
• 2026-04-15 Pending — REALCOMP
• 2026-04-15 Pending — MiRealSource-MiMLS
• 2026-04-02 Relisted — MiRealSource-MiMLS
• 2026-04-02 Relisted — REALCOMP
• 2026-03-19 Rental Removed $995 REALCOMP
• 2026-03-19 Pending — MiRealSource-MiMLS
• 2026-03-19 Pending — REALCOMP
• 2026-03-17 Listed $149,900 REALCOMP
• 2026-03-17 Listed $149,900 MiRealSource-MiMLS
• 2026-03-14 Listed for Rent $995 REALCOMP
• 2025-09-03 Rental Removed $825 REALSOURCE
• 2025-08-01 Price Changed $825 REALSOURCE
• 2025-07-23 Listed for Rent $875 REALSOURCE
• 2024-10-08 Rental Removed $895 REALSOURCE
• 2024-08-12 Price Changed $895 REALSOURCE
• 2024-08-07 Price Changed $950 REALSOURCE
• 2024-07-19 Listed for Rent $1,000 REALSOURCE
• 2022-02-11 Price Changed $1,084 RENT.
• 2018-08-15 Sold (Public Records) $57,000 Public Records
• 2018-08-03 Listing Removed — REALCOMP
• 2018-07-30 Sold (MLS) $57,000 MiRealSource-MiMLS
• 2018-07-30 Sold (MLS) $57,000 REALCOMP
• 2018-07-16 Pending — MiRealSource-MiMLS
• 2018-07-16 Pending — MiRealSource-MiMLS
• 2018-07-16 Pending — REALCOMP
• 2018-07-16 Pending — REALCOMP
• 2018-07-16 Listing Removed — MiRealSource-MiMLS
• 2018-07-11 Price Changed $59,000 MiRealSource-MiMLS
• 2018-07-11 Price Changed $59,000 MiRealSource-MiMLS
• 2018-07-10 Price Changed $59,000 REALCOMP
• 2018-07-10 Price Changed $59,000 REALCOMP
• 2018-06-22 Price Changed $65,000 MiRealSource-MiMLS
• 2018-06-21 Price Changed $65,000 REALCOMP
• 2018-06-21 Listed $65,000 MiRealSource-MiMLS
• 2018-06-21 Listed $65,000 REALCOMP
• 2018-06-20 Relisted — MiRealSource-MiMLS
• 2018-06-20 Relisted — REALCOMP
• 2018-06-13 Listing Removed — REALCOMP
• 2018-06-12 Listing Removed — MiRealSource-MiMLS
• 2018-06-05 Listed $69,000 MiRealSource-MiMLS
• 2018-06-05 Listed $69,000 REALCOMP
• 2018-05-03 Listing Removed — REALCOMP
• 2018-04-20 Pending — MiRealSource-MiMLS
• 2018-04-20 Pending — REALCOMP
• 2018-04-20 Listing Removed — MiRealSource-MiMLS
• 2018-04-16 Listing Removed — REALCOMP
• 2018-04-16 Listing Removed — MiRealSource-MiMLS
• 2018-04-16 Listing Removed — REALCOMP
• 2018-04-16 Listing Removed — MiRealSource-MiMLS
• 2018-03-30 Relisted — MiRealSource-MiMLS
• 2018-03-30 Relisted — REALCOMP
• 2018-03-28 Pending — MiRealSource-MiMLS
• 2018-03-28 Pending — REALCOMP
• 2018-03-26 Listed $44,900 MiRealSource-MiMLS
• 2018-03-26 Listed $44,900 REALCOMP
• 2018-03-12 Listed $44,900 MiRealSource-MiMLS
• 2018-03-12 Listed $44,900 REALCOMP
• 2018-03-08 Listed $44,900 MiRealSource-MiMLS
• 2018-03-08 Listed $44,900 REALCOMP
• 2018-01-23 Listing Removed — MiRealSource-MiMLS
• 2018-01-23 Listing Removed — REALCOMP
• 2018-01-07 Price Changed $45,000 MiRealSource-MiMLS
• 2018-01-07 Price Changed $45,000 REALCOMP
• 2017-11-22 Listed $50,000 REALCOMP
• 2017-11-22 Listed $50,000 MiRealSource-MiMLS
• 2015-02-06 Sold (Public Records) $82,000 Public Records
• 2014-09-26 Sold (MLS) $14,000 MiRealSource-MiMLS
• 2014-09-26 Sold (MLS) $14,000 REALCOMP
• 2014-09-25 Listing Removed — MiRealSource-MiMLS
• 2014-03-09 Listed $14,500 MiRealSource-MiMLS
• 2014-03-09 Listed $14,500 REALCOMP

Property tax history

+1.2%/yr

Latest (2025): $2,854 · -10.2% YoY. Source: county tax records.