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19781 Plainview Ave
B Composite 70.55
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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +8.6/15.0
  • Rent growth +4.5/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$82,000

19781 Plainview Ave · Detroit, MI 48219
3 bd · 1.0 ba · 868 sqft · SingleFamily public records · 101 Days on market
Built 1952 6,098 sqft lot $94/sqft · at area comps Est $84k · at est.

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Solid brick 3-bedroom, 1-bath investment property located in Detroit. Currently tenant-occupied generating $1,050/month in rental income. Do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer. BATVAI.

Key facts

  • 6,098 sq ft lot
  • Built 1952
  • Listed 101 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $82k.

Deal economics

  • At list price, monthly cash flow is $385 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $82k).
  • Recommended offer: $75k (9.0% 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 fast (+8.0%/yr); 305 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 37% of the median local income ($44k/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 $567 of loan paydown is wiped out by about $2k 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 + 8.0% rent growth), your $23k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 101 days — a 9% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts since 9y 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.

Risks & watch-outs

  • Watch-outs: property tax is 3.2% of price; built in 1952 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $74,620 (9.0% below list)

Questions for the listing agent

  1. It's been on market 101 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 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  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
1.64%
Cap rate
11.92%
Cash-on-cash
20.10%
DSCR
1.89
GRM
5.1

CMA / ARV

ARV (median comp)
$84,031
List price
$82,000
Delta
-2.42%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
19333 Grandville Ave 0.40mi 2/1.0 (-1) 851 (-2%) 3mo $45,000 $53 70
19515 Patton St 0.39mi 3/1.0 822 (-5%) 4mo $95,000 $116 69
19971 Patton St 0.40mi 2/1.5 (-1) 901 (+4%) 3mo $54,000 $60 66
20061 Pierson St 0.54mi 2/1.5 (-1) 869 (+0%) 4mo $50,000 $58 64
19145 Fielding St 0.52mi 3/1.5 924 (+6%) 1mo $98,000 $106 62
19352 Evergreen Rd 0.25mi 2/1.0 (-1) 752 (-13%) 2mo $75,000 $100 60
18498 Heyden ST St 0.72mi 3/1.0 842 (-3%) 4mo $9,000 $11 58
19177 Stahelin Ave 0.62mi 3/1.0 816 (-6%) 5mo $60,000 $74 57
20084 Greenview Ave 0.70mi 3/1.0 912 (+5%) 5mo $90,000 $99 55
19401 Stout St 0.34mi 2/1.0 (-1) 750 (-14%) 2mo $28,000 $37 55
18555 Edinborough Rd 0.67mi 3/1.0 950 (+9%) 2mo $70,000 $74 51
19734 Westbrook St 0.72mi 3/1.0 950 (+9%) 2mo $63,500 $67 49

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 · 8.0% rent growth · sell at horizon

5-year hold
IRR
18.5%
Equity multiple
1.80×
Total profit
$18,419
Equity at exit
$12,226
10-year hold
IRR
30.5%
Equity multiple
4.50×
Total profit
$80,372
Equity at exit
$7,090

Cash invested: $22,960 (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.

ZIP-level market 48219

Home prices YoY
-10.3%
Rents YoY
8.0%
Active inventory
305
Price-to-rent
5.1×

Monthly cashflow live

Estimated rent
$1,348 high interval (Pro) →
Mortgage (P&I)
$430
Tax from tax record
$216 /mo · $2,597/yr
Insurance
$34
HOA
$0
Vacancy / Maint / Mgmt
$283
Net cashflow
$385

Break-even live

Break-even rent $861
Max offer price $82,000
Occupancy floor 66%

Sensitivity live

Price -10% $431 -5% $408 +0% $385 +5% $361 +10% $338
Rent -10% $278 -5% $331 +0% $385 +5% $438 +10% $491
Rate -1.0pp $426 -0.5pp $405 base $385 +0.5pp $363 +1.0pp $342

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
$20,500
Closing costs
$2,460
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
19457 Evergreen Rd Detroit, MI 2.0 1.0 1100 $1,200 $1.09 44d 1 0.15mi
19781 Fielding St Detroit, MI 3.0 1.0 1000 $1,294 $1.29 5d 1 0.34mi
19372 Grandville Ave Detroit, MI 2.0 1.5 733 $1,050 $1.43 15d 1 0.36mi
20271 Grandville Ave Detroit, MI 3.0 1.0 1010 $1,550 $1.53 24d 1 0.44mi
19176 Grandville Ave Detroit, MI 3.0 1.0 941 $1,300 $1.38 5d 1 0.47mi
19329 Stahelin Ave Unit 1 Detroit, MI 3.0 1.5 833 $1,250 $1.50 44d 1 0.56mi
19445 Avon Ave Detroit, MI 3.0 1.0 1023 $1,550 $1.52 44d 1 0.57mi
20011 Avon Ave Detroit, MI 3.0 1.0 1000 $1,200 $1.20 5d 1 0.59mi
18699 Shaftsbury Ave Detroit, MI 2.0 1.0 800 $1,000 $1.25 44d 1 0.65mi
18556 Kentfield St Detroit, MI 3.0 1.0 952 $1,250 $1.31 3d 1 0.67mi
18659 Shaftsbury Ave Detroit, MI 3.0 1.0 763 $1,373 $1.80 13d 1 0.68mi
20068 Faust Ave Detroit, MI 2.0 1.0 750 $1,100 $1.47 25d 1 0.74mi
18461 Heyden St Detroit, MI 2.0 1.0 1000 $1,050 $1.05 5d 1 0.75mi
18450 Edinborough Rd Detroit, MI 3.0 1.0 1000 $1,500 $1.50 44d 1 0.76mi
18452 Shaftsbury Ave Detroit, MI 3.0 1.0 927 $1,500 $1.62 17d 1 0.82mi
21422 Pembroke Ave Detroit, MI 3.0 1.5 1000 $1,695 $1.70 17d 1 0.83mi
18274 Fielding St Detroit, MI 2.0 1.0 700 $1,200 $1.71 17d 1 0.88mi
19970 Ashton Ave Detroit, MI 3.0 1.0 1000 $1,000 $1.00 44d 1 0.90mi
18191 Heyden St Detroit, MI 2.0 1.0 917 $1,100 $1.20 25d 1 0.91mi
20527 Rosemont Ave Detroit, MI 2.0 2.0 975 $1,528 $1.57 44d 1 0.92mi
18205 Stout St Detroit, MI 3.0 1.0 901 $1,078 $1.20 25d 1 0.93mi
18134 Vaughan St Detroit, MI 3.0 1.0 1060 $1,150 $1.08 17d 1 0.95mi
19918 Southfield Fwy Detroit, MI 3.0 1.0 915 $1,375 $1.50 15d 1 0.97mi
18437 Trinity St Detroit, MI 3.0 1.0 875 $1,364 $1.56 15d 1 0.98mi
19818 Fenmore St Detroit, MI 3.0 1.0 902 $1,275 $1.41 44d 1 1.01mi
20043 Fenmore St Detroit, MI 3.0 1.0 1030 $1,453 $1.41 44d 1 1.02mi
17654 Sunderland Rd Detroit, MI 3.0 1.0 1100 $1,500 $1.36 44d 1 1.14mi
18494 Ashton Ave Detroit, MI 3.0 1.0 1000 $1,600 $1.60 17d 1 1.14mi
19928 Houghton St Detroit, MI 3.0 1.0 880 $1,495 $1.70 11d 1 1.17mi
21455 Pickford St Detroit, MI 2.0 1.0 1000 $1,275 $1.27 44d 1 1.18mi
20259 Oakfield St Detroit, MI 3.0 1.0 1056 $1,250 $1.18 17d 1 1.18mi
21434 Karl St Detroit, MI 2.0 1.0 1000 $1,350 $1.35 44d 1 1.18mi
17721 Westbrook St Detroit, MI 4.0 1.0 1040 $1,125 $1.08 25d 1 1.19mi
20555 Lahser Rd Detroit, MI 1.0–2.0 1.0 737 $975 $1.32 44d 2 1.20mi
22238 Pembroke Ave Detroit, MI 3.0 1.5 1100 $1,500 $1.36 44d 1 1.22mi
20203 Gilchrist St Detroit, MI 3.0 1.0 1031 $1,250 $1.21 5d 1 1.28mi
19736 Gilchrist St Detroit, MI 2.0 1.0 696 $995 $1.43 13d 1 1.28mi
47129 Wedgewood Southfield, MI 1.0–2.0 1.0–2.0 1000 $1,275 $1.27 44d 1 1.30mi
18025 Bentler St Detroit, MI 3.0 1.0 728 $1,250 $1.72 25d 1 1.30mi
21451 Glenco St Detroit, MI 3.0 1.0 1026 $1,400 $1.36 17d 1 1.32mi

Listing history 35 events

  1. 2026-06-18
    days on market $82,000 Active 101 DOM
  2. 2026-06-17
    days on market $82,000 Active 100 DOM
  3. 2026-06-15
    days on market $82,000 Active 98 DOM
  4. 2026-06-13
    days on market $82,000 Active 96 DOM
  5. 2026-06-13
    days on market $82,000 Active 95 DOM
  6. 2026-06-09
    days on market $82,000 Active 92 DOM
  7. 2026-06-08
    days on market $82,000 Active 91 DOM
  8. 2026-06-07
    days on market $82,000 Active 90 DOM
  9. 2026-06-04
    days on market $82,000 Active 87 DOM
  10. 2026-06-03
    days on market $82,000 Active 86 DOM
  11. 2026-06-01
    days on market $82,000 Active 84 DOM
  12. 2026-05-31
    days on market $82,000 Active 83 DOM
  13. 2026-03-30
    status Active 237-char remark
    Show marketing remark (237 chars)

    Solid brick 3-bedroom, 1-bath investment property located in Detroit. Currently tenant-occupied generating $1,050/month in rental income. Do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer. BATVAI.

  14. 2026-03-30
    status Active 237-char remark
    Show marketing remark (237 chars)

    Solid brick 3-bedroom, 1-bath investment property located in Detroit. Currently tenant-occupied generating $1,050/month in rental income. Do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer. BATVAI.

  15. 2026-03-30
    status Active
    Show marketing remark (237 chars)

    Solid brick 3-bedroom, 1-bath investment property located in Detroit. Currently tenant-occupied generating $1,050/month in rental income. Do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer. BATVAI.

  16. 2026-03-18
    historical Active Under Contract 237-char remark
    Show marketing remark (237 chars)

    Solid brick 3-bedroom, 1-bath investment property located in Detroit. Currently tenant-occupied generating $1,050/month in rental income. Do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer. BATVAI.

  17. 2026-03-18
    historical Accepting Backup Offers 237-char remark
    Show marketing remark (237 chars)

    Solid brick 3-bedroom, 1-bath investment property located in Detroit. Currently tenant-occupied generating $1,050/month in rental income. Do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer. BATVAI.

  18. 2026-03-18
    historical Active - Backup Offers Accepted
    Show marketing remark (237 chars)

    Solid brick 3-bedroom, 1-bath investment property located in Detroit. Currently tenant-occupied generating $1,050/month in rental income. Do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer. BATVAI.

  19. 2026-03-10
    listed $82,000 Active 237-char remark
    Show marketing remark (237 chars)

    Solid brick 3-bedroom, 1-bath investment property located in Detroit. Currently tenant-occupied generating $1,050/month in rental income. Do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer. BATVAI.

  20. 2026-03-09
    listed $82,000 Active 237-char remark
    Show marketing remark (237 chars)

    Solid brick 3-bedroom, 1-bath investment property located in Detroit. Currently tenant-occupied generating $1,050/month in rental income. Do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer. BATVAI.

  21. 2026-03-09
    listed $82,000 Active
    Show marketing remark (237 chars)

    Solid brick 3-bedroom, 1-bath investment property located in Detroit. Currently tenant-occupied generating $1,050/month in rental income. Do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer. BATVAI.

  22. 2022-02-15
    soldstatus $86,500
  23. 2022-01-19
    soldstatus $45,000
  24. 2018-04-13
    status Pending
  25. 2018-04-09
    historical
  26. 2018-03-13
    soldstatus $25,000 Sold
  27. 2018-03-13
    soldstatus $25,000 Closed
  28. 2018-03-07
    status Pending
  29. 2018-03-07
    status Pending
  30. 2018-01-04
    listed $33,000 Active
  31. 2018-01-04
    listed $33,000 Active
  32. 2017-12-29
    historical
  33. 2017-12-29
    historical
  34. 2017-12-12
    listed $27,900 Active
  35. 2017-12-12
    listed $27,900 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
$2,597 · $216/mo
Projected year-2 tax
$2,597 · $216/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 ≥98°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$16,179
− Mortgage interest
−$4,593
− Property taxes
−$2,597
− Insurance
−$410
− Repairs & maintenance
−$1,294
− Management
−$1,294
− Depreciation
−$2,385
Taxable income
$3,605
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$865
After-tax cash flow
$3,749/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)
47,208
Household income
$43,655
Rent vs Own
45.1% rent · 54.9% own
Severe rent burden
3584.0

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 5% Two or more races 4% Hispanic / Latino 1%
Common ancestry
Romanian 1% Lithuanian 1%
Foreign-born
2% · Canada
Languages at home
96% English-only · Spanish 1% French/Haitian/Cajun 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
▼ -65.06%
Current HPI
563.3263
Rent YoY
▲ 8.04%
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

Price history

+193.9% since first listed
23 events — show timeline
  • 2026-03-30 Relisted REALCOMP
  • 2026-03-30 Relisted MiRealSource-MiMLS
  • 2026-03-30 Relisted SW Michigan MLS
  • 2026-03-18 Contingent REALCOMP
  • 2026-03-18 Contingent MiRealSource-MiMLS
  • 2026-03-18 Contingent SW Michigan MLS
  • 2026-03-10 Listed $82,000 REALCOMP
  • 2026-03-09 Listed $82,000 SW Michigan MLS
  • 2026-03-09 Listed $82,000 MiRealSource-MiMLS
  • 2022-02-15 Sold (Public Records) $86,500 Public Records
  • 2022-01-19 Sold (Public Records) $45,000 Public Records
  • 2018-04-13 Pending REALCOMP
  • 2018-04-09 Listing Removed REALCOMP
  • 2018-03-13 Sold (MLS) $25,000 MiRealSource-MiMLS
  • 2018-03-13 Sold (MLS) $25,000 REALCOMP
  • 2018-03-07 Pending MiRealSource-MiMLS
  • 2018-03-07 Pending REALCOMP
  • 2018-01-04 Listed $33,000 MiRealSource-MiMLS
  • 2018-01-04 Listed $33,000 REALCOMP
  • 2017-12-29 Listing Removed REALCOMP
  • 2017-12-29 Listing Removed MiRealSource-MiMLS
  • 2017-12-12 Listed $27,900 MiRealSource-MiMLS
  • 2017-12-12 Listed $27,900 REALCOMP

Property tax history

+3.5%/yr

Latest (2025): $2,597 · -10.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…