5957 Three Mile Dr · Detroit, MI 48224

$155,000

4 bd · 1.5 ba · 1,528 sqft · SingleFamily public records · 100 Days on market

Built 1931 4,792 sqft lot $101/sqft · 19% above area Est $130k · 19% over

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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 +20.2/30.0
• DSCR +6.4/10.0
• 1% rule +4.5/10.0
• Livability +3.7/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Your Dream Home in Morningside! Discover the charm and elegance of this beautifully renovated home at 5957 3 Mile Road, located in the heart of Detroit's desirable Morningside neighborhood. This property offers a perfect blend of classic charm and modern amenities, making it an ideal choice for discerning buyers. Key Features: First-Floor Laundry: Enjoy the convenience of a spacious first-floor laundry area, making household chores a breeze. Natural Hardwood Floors: Admire the timeless beauty of natural hardwood floors throughout the home, providing warmth and character to every room. 1/2 Bathroom on the First Floor: This thoughtfully designed home includes a convenient half-bathroom on the main floor, perfect for guests and daily use. Cozy Second-Floor Outdoor Porch: Relax and unwind on the charming second-floor porch, a perfect spot for morning coffee or evening gatherings. Central Air Ready: Stay cool and comfortable year-round with a central air-ready unit, offering modern comfort and efficiency. 2.5 Car Garage: Benefit from ample storage and parking space with a 2.5 car garage, ideal for vehicles, tools, and hobbies. Additional Highlights: Spacious Living Areas: The open and airy floor plan creates a welcoming atmosphere, perfect for entertaining and family living. Updated Kitchen: The kitchen features granite counters, soft touch cabinets, modern appliances and plenty of counter space, catering to both novice and experienced chefs. Generous Bedrooms: Well-sized bedrooms offer comfort and privacy, with plenty of closet space for storage. Location, Location, Location! Situated in the vibrant Morningside neighborhood, this home is close to local parks, schools, shopping, and dining. Enjoy the convenience of urban living with the tranquility of a well-established community.

Key facts

• First floor laundry
• Central air ready
• Updated kitchen

Tags

• FIRST FLOOR LAUNDRY
• SECOND FLOOR OUTDOOR PORCH
• CENTRAL AIR READY
• UPDATED KITCHEN

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $197 ($2k/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 $148k (4.8% below list).
• Recommended offer: $141k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.8% 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: Rents flat; 484 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 39% of the median local income ($45k/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 $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

• It's been on market 100 days — a 9% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 16y 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 $6k; list at $155k implies a 2483% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1931 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $141,050 (9.0% below list)

Questions for the listing agent

1. It's been on market 100 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1931 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. 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?
8. 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.
9. 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.
10. 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: 0.95% ✗
• Cap rate: 7.82%
• Cash-on-cash: 5.44%
• DSCR: 1.24
• GRM: 8.8

CMA / ARV

• ARV (median comp): $130,063
• List price: $155,000
• Delta: 19.17%
• 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
5791 Bedford St	0.10mi	3/1.5 (-1)	1,344 (-12%)	1mo	$178,000	$132	69
9155 Grayton St	0.52mi	3/1.5 (-1)	1,554 (+2%)	0mo	$170,000	$109	68
5574 Buckingham Ave	0.30mi	3/1.0 (-1)	1,430 (-6%)	2mo	$105,000	$73	67
5236 Bedford St	0.39mi	3/1.5 (-1)	1,670 (+9%)	1mo	$159,900	$96	61
5291 Devonshire Rd	0.36mi	3/3.0 (-1)	1,650 (+8%)	2mo	$245,000	$148	57
5200 Bedford St	0.42mi	3/1.5 (-1)	1,718 (+12%)	1mo	$159,900	$93	54
5541 Grayton St	0.52mi	4/2.0	1,730 (+13%)	0mo	$200,000	$116	52
9722 Wayburn St	0.74mi	3/1.0 (-1)	1,464 (-4%)	2mo	$84,900	$58	50
5085 Grayton St	0.65mi	4/2.5	1,381 (-10%)	1mo	$240,500	$174	49
10346 Lakepointe St	0.67mi	3/2.0 (-1)	1,682 (+10%)	2mo	$77,500	$46	44
5050 Somerset Ave	0.65mi	3/1.0 (-1)	1,356 (-11%)	1mo	$84,900	$63	43
4836 Kensington Ave	0.71mi	4/1.5	1,752 (+15%)	1mo	$195,000	$111	41

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 · 0.73% rent growth · sell at horizon

5-year hold

• IRR: -10.3%
• Equity multiple: 0.63×
• Total profit: $-15,931
• Equity at exit: $23,111

10-year hold

• IRR: -4.2%
• Equity multiple: 0.75×
• Total profit: $-10,838
• Equity at exit: $13,402

Cash invested: $43,400 (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 48224

• Rents YoY: 0.7%
• Active inventory: 484
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,476 high
• Mortgage (P&I): −$813
• Tax from tax record: −$92 /mo · $1,104/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$310
• Net cashflow: $197

Break-even live

Break-even rent $1,227

Max offer price $155,000

Occupancy floor 82%

Sensitivity live

Price	-10% $284	-5% $240	+0% $197	+5% $153	+10% $109
Rent	-10% $80	-5% $138	+0% $197	+5% $255	+10% $313
Rate	-1.0pp $275	-0.5pp $236	base $197	+0.5pp $156	+1.0pp $116

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15857 Evanston St Detroit, MI	3.0	1.5	1232	$1,250	$1.01	5d	1	0.26mi
9635 Everts St Detroit, MI	4.0	2.0	1450	$1,650	$1.14	44d	1	0.31mi
5574 Buckingham Ave Detroit, MI	3.0	1.0	1430	$1,450	$1.01	5d	1	0.33mi
9142 Yorkshire Rd Detroit, MI	5.0	1.5	1450	$1,700	$1.17	0d	1	0.40mi
9409 Balfour Rd Detroit, MI	3.0	1.0	1195	$1,200	$1.00	44d	1	0.40mi
5267 Haverhill St Detroit, MI	3.0	1.5	1458	$1,300	$0.89	17d	1	0.43mi
5267 Haverhill St Detroit, MI	3.0	1.5	1458	$1,300	$0.89	18d	1	0.43mi
9171 Bishop St Detroit, MI	4.0	1.0	1508	$1,300	$0.86	44d	1	0.43mi
5791 Somerset Ave Detroit, MI	3.0	2.0	1660	$1,400	$0.84	18d	1	0.48mi
9984 Beaconsfield St Detroit, MI	3.0	1.0	1222	$1,575	$1.29	44d	1	0.48mi
10404 Somerset Ave Detroit, MI	3.0	1.0	1108	$1,475	$1.33	4d	1	0.51mi
10030 Bishop St Detroit, MI	5.0	2.0	1721	$1,200	$0.70	18d	1	0.53mi
5751 Nottingham Rd Unit 5/21/26 Detroit, MI	3.0	1.0	1100	$1,250	$1.14	15d	1	0.55mi
9241 Boleyn St Detroit, MI	3.0	1.0	1350	$1,350	$1.00	44d	1	0.55mi
9313 Harvard Rd Detroit, MI	3.0	1.5	1329	$1,200	$0.90	18d	1	0.62mi
10141 Roxbury St Detroit, MI	3.0	1.0	1115	$1,000	$0.90	44d	1	0.63mi
6225 Oldtown St Detroit, MI	3.0	1.0	1330	$1,199	$0.90	18d	1	0.64mi
9400 Lakepointe St Detroit, MI	3.0	1.0	1300	$1,150	$0.88	5d	1	0.67mi
10803 Roxbury St Detroit, MI	3.0	1.0	1150	$900	$0.78	21d	1	0.68mi
5747 Lakepointe St Detroit, MI	3.0	1.5	1316	$1,473	$1.12	44d	1	0.68mi
10370 Britain St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	44d	1	0.72mi
6304 Bluehill St Detroit, MI	3.0	1.0	1088	$1,500	$1.38	44d	1	0.72mi
9168 Wayburn St Detroit, MI	3.0	1.0	1274	$1,300	$1.02	21d	1	0.74mi
9755 Wayburn St Detroit, MI	3.0	2.0	1498	$1,400	$0.93	4d	1	0.77mi
10724 Whitehill St Detroit, MI	3.0	3.0	1425	$1,550	$1.09	18d	1	0.84mi
11018 Whitehill St Detroit, MI	3.0	1.0	1146	$1,450	$1.27	11d	1	0.85mi
6181 Neff Ave Detroit, MI	3.0	1.0	1102	$1,299	$1.18	18d	1	0.85mi
10813 Whitehill St Detroit, MI	3.0	1.0	1392	$1,350	$0.97	18d	1	0.87mi
11235 Roxbury St Detroit, MI	3.0	1.0	1062	$1,325	$1.25	18d	1	0.87mi
5786 Neff Ave Detroit, MI	3.0	1.5	1100	$1,225	$1.11	17d	1	0.88mi
11620 Rossiter St Detroit, MI	3.0	1.0	1140	$1,200	$1.05	18d	1	1.05mi
6175 Marseilles St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	44d	1	1.06mi
5944 Marseilles St Detroit, MI	3.0	1.0	1910	$1,300	$0.68	18d	1	1.08mi
11689 Wayburn St Detroit, MI	3.0	1.0	1142	$1,350	$1.18	44d	1	1.09mi
6301 Lodewyck St Detroit, MI	3.0	1.0	1084	$1,300	$1.20	13d	1	1.12mi
11911 Lansdowne St Detroit, MI	4.0	1.0	1350	$1,400	$1.04	44d	1	1.15mi
10870 Marne St Detroit, MI	3.0	1.0	1156	$1,100	$0.95	18d	1	1.16mi
5966 Eastlawn St Unit NA Detroit, MI	3.0	1.5	1366	$1,500	$1.10	25d	1	1.25mi
4251 Wayburn St Detroit, MI	3.0	1.5	1326	$1,650	$1.24	44d	1	1.27mi
20926 Moross Rd Grosse Pointe, MI	3.0	1.0	1200	$1,350	$1.12	44d	1	1.30mi

Listing history 30 events

1. 2026-06-18
   days on market $155,000 Active 100 DOM
2. 2026-06-17
   days on market $155,000 Active 99 DOM
3. 2026-06-15
   days on market $155,000 Active 97 DOM
4. 2026-06-13
   days on market $155,000 Active 95 DOM
5. 2026-06-13
   days on market $155,000 Active 94 DOM
6. 2026-06-09
   days on market $155,000 Active 91 DOM
7. 2026-06-08
   days on market $155,000 Active 90 DOM
8. 2026-06-07
   days on market $155,000 Active 89 DOM
9. 2026-06-04
   days on market $155,000 Active 86 DOM
10. 2026-06-03
    days on market $155,000 Active 85 DOM
11. 2026-06-01
    days on market $155,000 Active 83 DOM
12. 2026-05-31
    days on market $155,000 Active 82 DOM
13. 2026-03-10
    listed $155,000 Active 1818-char remark

    Show marketing remark (1818 chars)

    Welcome to Your Dream Home in Morningside! Discover the charm and elegance of this beautifully renovated home at 5957 3 Mile Road, located in the heart of Detroit's desirable Morningside neighborhood. This property offers a perfect blend of classic charm and modern amenities, making it an ideal choice for discerning buyers. Key Features: First-Floor Laundry: Enjoy the convenience of a spacious first-floor laundry area, making household chores a breeze. Natural Hardwood Floors: Admire the timeless beauty of natural hardwood floors throughout the home, providing warmth and character to every room. 1/2 Bathroom on the First Floor: This thoughtfully designed home includes a convenient half-bathroom on the main floor, perfect for guests and daily use. Cozy Second-Floor Outdoor Porch: Relax and unwind on the charming second-floor porch, a perfect spot for morning coffee or evening gatherings. Central Air Ready: Stay cool and comfortable year-round with a central air-ready unit, offering modern comfort and efficiency. 2.5 Car Garage: Benefit from ample storage and parking space with a 2.5 car garage, ideal for vehicles, tools, and hobbies. Additional Highlights: Spacious Living Areas: The open and airy floor plan creates a welcoming atmosphere, perfect for entertaining and family living. Updated Kitchen: The kitchen features granite counters, soft touch cabinets, modern appliances and plenty of counter space, catering to both novice and experienced chefs. Generous Bedrooms: Well-sized bedrooms offer comfort and privacy, with plenty of closet space for storage. Location, Location, Location! Situated in the vibrant Morningside neighborhood, this home is close to local parks, schools, shopping, and dining. Enjoy the convenience of urban living with the tranquility of a well-established community.

14. 2026-03-10
    historical

    Show marketing remark (1818 chars)

    Welcome to Your Dream Home in Morningside! Discover the charm and elegance of this beautifully renovated home at 5957 3 Mile Road, located in the heart of Detroit's desirable Morningside neighborhood. This property offers a perfect blend of classic charm and modern amenities, making it an ideal choice for discerning buyers. Key Features: First-Floor Laundry: Enjoy the convenience of a spacious first-floor laundry area, making household chores a breeze. Natural Hardwood Floors: Admire the timeless beauty of natural hardwood floors throughout the home, providing warmth and character to every room. 1/2 Bathroom on the First Floor: This thoughtfully designed home includes a convenient half-bathroom on the main floor, perfect for guests and daily use. Cozy Second-Floor Outdoor Porch: Relax and unwind on the charming second-floor porch, a perfect spot for morning coffee or evening gatherings. Central Air Ready: Stay cool and comfortable year-round with a central air-ready unit, offering modern comfort and efficiency. 2.5 Car Garage: Benefit from ample storage and parking space with a 2.5 car garage, ideal for vehicles, tools, and hobbies. Additional Highlights: Spacious Living Areas: The open and airy floor plan creates a welcoming atmosphere, perfect for entertaining and family living. Updated Kitchen: The kitchen features granite counters, soft touch cabinets, modern appliances and plenty of counter space, catering to both novice and experienced chefs. Generous Bedrooms: Well-sized bedrooms offer comfort and privacy, with plenty of closet space for storage. Location, Location, Location! Situated in the vibrant Morningside neighborhood, this home is close to local parks, schools, shopping, and dining. Enjoy the convenience of urban living with the tranquility of a well-established community.

15. 2026-03-10
    listed $155,000 Active

    Show marketing remark (1818 chars)

    Welcome to Your Dream Home in Morningside! Discover the charm and elegance of this beautifully renovated home at 5957 3 Mile Road, located in the heart of Detroit's desirable Morningside neighborhood. This property offers a perfect blend of classic charm and modern amenities, making it an ideal choice for discerning buyers. Key Features: First-Floor Laundry: Enjoy the convenience of a spacious first-floor laundry area, making household chores a breeze. Natural Hardwood Floors: Admire the timeless beauty of natural hardwood floors throughout the home, providing warmth and character to every room. 1/2 Bathroom on the First Floor: This thoughtfully designed home includes a convenient half-bathroom on the main floor, perfect for guests and daily use. Cozy Second-Floor Outdoor Porch: Relax and unwind on the charming second-floor porch, a perfect spot for morning coffee or evening gatherings. Central Air Ready: Stay cool and comfortable year-round with a central air-ready unit, offering modern comfort and efficiency. 2.5 Car Garage: Benefit from ample storage and parking space with a 2.5 car garage, ideal for vehicles, tools, and hobbies. Additional Highlights: Spacious Living Areas: The open and airy floor plan creates a welcoming atmosphere, perfect for entertaining and family living. Updated Kitchen: The kitchen features granite counters, soft touch cabinets, modern appliances and plenty of counter space, catering to both novice and experienced chefs. Generous Bedrooms: Well-sized bedrooms offer comfort and privacy, with plenty of closet space for storage. Location, Location, Location! Situated in the vibrant Morningside neighborhood, this home is close to local parks, schools, shopping, and dining. Enjoy the convenience of urban living with the tranquility of a well-established community.

16. 2026-03-10
    historical

    Show marketing remark (1818 chars)

    Welcome to Your Dream Home in Morningside! Discover the charm and elegance of this beautifully renovated home at 5957 3 Mile Road, located in the heart of Detroit's desirable Morningside neighborhood. This property offers a perfect blend of classic charm and modern amenities, making it an ideal choice for discerning buyers. Key Features: First-Floor Laundry: Enjoy the convenience of a spacious first-floor laundry area, making household chores a breeze. Natural Hardwood Floors: Admire the timeless beauty of natural hardwood floors throughout the home, providing warmth and character to every room. 1/2 Bathroom on the First Floor: This thoughtfully designed home includes a convenient half-bathroom on the main floor, perfect for guests and daily use. Cozy Second-Floor Outdoor Porch: Relax and unwind on the charming second-floor porch, a perfect spot for morning coffee or evening gatherings. Central Air Ready: Stay cool and comfortable year-round with a central air-ready unit, offering modern comfort and efficiency. 2.5 Car Garage: Benefit from ample storage and parking space with a 2.5 car garage, ideal for vehicles, tools, and hobbies. Additional Highlights: Spacious Living Areas: The open and airy floor plan creates a welcoming atmosphere, perfect for entertaining and family living. Updated Kitchen: The kitchen features granite counters, soft touch cabinets, modern appliances and plenty of counter space, catering to both novice and experienced chefs. Generous Bedrooms: Well-sized bedrooms offer comfort and privacy, with plenty of closet space for storage. Location, Location, Location! Situated in the vibrant Morningside neighborhood, this home is close to local parks, schools, shopping, and dining. Enjoy the convenience of urban living with the tranquility of a well-established community.

17. 2025-11-20
    listed $155,000 Active
18. 2025-11-20
    listed $155,000 Active
19. 2025-11-20
    historical
20. 2025-08-06
    status Active
21. 2025-08-06
    status Active
22. 2025-07-10
    status Pending
23. 2025-07-10
    status Pending
24. 2025-07-10
    historical
25. 2024-09-27
    price $175,000
26. 2024-09-27
    price $175,000
27. 2024-08-02
    listed $155,000 Active
28. 2024-08-02
    listed $155,000 Active
29. 2010-05-21
    soldstatus $6,000
30. 2010-04-14
    listed $11,500

ⓘ 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: $1,104 · $92/mo
• Projected year-2 tax: $1,746 · $145/mo
• Expected delta: +$641/yr (+$53/mo · 58.1%)

ⓘ 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 ≥95°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,712
• − Mortgage interest: −$8,682
• − Property taxes: −$1,104
• − Insurance: −$775
• − Repairs & maintenance: −$1,417
• − Management: −$1,417
• − Depreciation: −$4,509
• Taxable loss: −$193
• Est. tax savings @ 24.0%: +$46
• After-tax cash flow: $2,406/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): 39,668
• Household income: $44,856
• Rent vs Own: 44.1% rent · 55.9% own
• Severe rent burden: 2515.0

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 (88%)
• Race & ethnicity: Black 88% White 8% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Iranian 1% Romanian 1% Lithuanian 1%
• Foreign-born: 1%
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -226.38%
• Current HPI: 161.886
• Rent YoY: ▲ 0.73%
• 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

+1247.8% since first listed

18 events — show timeline

• 2026-03-10 Listed $155,000 REALCOMP
• 2026-03-10 Listing Removed — MiRealSource-MiMLS
• 2026-03-10 Listed $155,000 MiRealSource-MiMLS
• 2026-03-10 Listing Removed — REALCOMP
• 2025-11-20 Listed $155,000 REALCOMP
• 2025-11-20 Listing Removed — MiRealSource-MiMLS
• 2025-11-20 Listed $155,000 MiRealSource-MiMLS
• 2025-08-06 Relisted — MiRealSource-MiMLS
• 2025-08-06 Relisted — REALCOMP
• 2025-07-10 Pending — MiRealSource-MiMLS
• 2025-07-10 Pending — REALCOMP
• 2025-07-10 Listing Removed — REALCOMP
• 2024-09-27 Price Changed $175,000 MiRealSource-MiMLS
• 2024-09-27 Price Changed $175,000 REALCOMP
• 2024-08-02 Listed $155,000 REALCOMP
• 2024-08-02 Listed $155,000 MiRealSource-MiMLS
• 2010-05-21 Sold (MLS) $6,000 REALCOMP
• 2010-04-14 Listed $11,500 REALCOMP

Property tax history

-7.1%/yr

Latest (2025): $1,104 · -39.0% YoY. Source: county tax records.