11443 Somerset Ave · Detroit, MI 48224

$60,000

3 bd · 1.0 ba · 883 sqft · SingleFamily public records · 31 Days on market

Built 1943 5,227 sqft lot $68/sqft · 30% above area Est $79k · 24% under

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

Listing remarks MLS

THIS 3 BDM 1 BATH BUNGALOW IS THE PERFECT PROJECT FOR INVESTORS, FLIPPERS, OR BUYERS LOOKING TO BUILD EQUITY. THIS PROPERTY OFFERS SOLID BONES AND A SPACIOUS LAYOUT, READY FOR YOUR VISION AND RENOVATION EXPERTISE. FEATURING A GENEROUS LIVING AREA, AND A NICE BACKYARD, THIS HOME HAS STRONG UPSIDE POTENTIAL WITH THE RIGHT UPDATES. WHETHER YOU'RE PLANNING A FIX-AND-FLIP, RENTAL HOLD, OR FULL REHAB, THIS PROPERTY PROVIDES A GREAT FOUNDATION TO CREATE VALUE. LOCATED NEAR MAJOR ROADS, LOCAL AMENITIES, AND AREAS SEEING CONTINUED INVESTMENT, THIS IS AN OPPORTUNITY TO CAPITALIZE ON DETROIT'S GROWING MARKET. PROPERTY IS BEING SOLD AS-IS AND REQUIRES PROBATE COURT APPROVAL. BUYER TO VERIFY ALL INFORMATION. BRING YOUR CONTRACTOR AND IMAGINATION - THIS ONE WON'T LAST!

Key facts

• Generous living area
• Growing market
• Nice backyard

Tags

• SPACIOUS LAYOUT
• GENEROUS LIVING AREA
• NICE BACKYARD
• GREAT FOUNDATION
• LOCAL AMENITIES
• GROWING MARKET

Property features AI

Exterior

• Parking: Detached 1-car garage
• Utilities: Public water; Public sewer; Sewer and water available
• Home design: Single-family residence; One-and-a-half story; Ground-level entry with steps
• Construction: Brick construction; Brick/mortar foundation; Above-grade finished area ~1,100; Below-grade finished area ~400
• Exterior features: Paved road access; Lot approximately 0.12 acres (40 x 126)

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); No cooling
• Interior features: Unfinished basement; Total of 6 rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $60k.

Deal economics

• At list price, monthly cash flow is $510 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $60k).
• Recommended offer: $58k (3.0% below list) — sets the bar for market timing.
• Cap rate 16.5% vs local median 10.2% in Detroit — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

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 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% 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 36% 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 $415 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 + 0.7% rent growth), your $17k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($58k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 17y ago; this cycle's ask has dropped $8k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $7k; list at $60k implies a 733% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 4.2% of price; built in 1943 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $58,200 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 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 1943 — 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. 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. 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.
8. 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.
9. 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: 2.23% ✓
• Cap rate: 16.49%
• Cash-on-cash: 36.43%
• DSCR: 2.62
• GRM: 3.7

CMA / ARV

• ARV (median comp): $78,506
• List price: $60,000
• Delta: -23.57%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11017 Worden St	0.19mi	3/1.0	961 (+9%)	0mo	$47,500	$49	76
10945 Peerless St	0.25mi	3/1.0	964 (+9%)	2mo	$54,000	$56	72
20300 Mccormick St	0.46mi	3/1.0	940 (+6%)	1mo	$60,000	$64	67
19381 Kenosha St	0.53mi	2/1.0 (-1)	892 (+1%)	2mo	$104,000	$117	67
11545 Roxbury St	0.23mi	3/1.0	1,003 (+14%)	1mo	$65,000	$65	66
20244 Mccormick St	0.42mi	3/1.0	1,000 (+13%)	1mo	$75,000	$75	57
19100 Kingsville St	0.53mi	3/1.0	972 (+10%)	2mo	$110,000	$113	57
12897 Riad St	0.70mi	3/1.0	831 (-6%)	1mo	$63,000	$76	56
12660 Duchess St	0.59mi	3/1.0	974 (+10%)	2mo	$55,000	$56	54
12056 Duchess St	0.69mi	3/1.0	950 (+8%)	3mo	$30,000	$32	53
11624 Wayburn St	0.47mi	3/1.0	756 (-14%)	3mo	$17,000	$22	52
10319 Mckinney St	0.58mi	4/1.0 (+1)	990 (+12%)	1mo	$25,000	$25	47

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: 29.3%
• Equity multiple: 2.18×
• Total profit: $19,868
• Equity at exit: $8,946

10-year hold

• IRR: 35.2%
• Equity multiple: 3.85×
• Total profit: $47,806
• Equity at exit: $5,188

Cash invested: $16,800 (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: 3.7×

Monthly cashflow live

• Estimated rent: $1,340 high
• Mortgage (P&I): −$315
• Tax from tax record: −$209 /mo · $2,510/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$281
• Net cashflow: $510

Break-even live

Break-even rent $695

Max offer price $60,000

Occupancy floor 57%

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: $15,000
• Closing costs: $1,800
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11529 Roxbury St Detroit, MI	2.0	1.0	720	$1,200	$1.67	12d	1	0.24mi
10985 Peerless St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	5d	1	0.26mi
19639 Moross Rd Unit 1 Detroit, MI	2.0	1.0	900	$1,100	$1.22	43d	1	0.28mi
10692 Meuse St Detroit, MI	3.0	1.0	955	$1,250	$1.31	12d	1	0.30mi
11776 Rossiter St Detroit, MI	3.0	1.0	964	$1,150	$1.19	11d	1	0.30mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	43d	1	0.33mi
19982 McCormick St Detroit, MI	3.0	1.0	866	$1,200	$1.39	3d	1	0.33mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	15d	1	0.33mi
11611 Morang Ave Detroit, MI	1.0–2.0	1.0	709	$1,040	$1.47	43d	1	0.34mi
19442 Kingsville St Harper Woods, MI	3.0	1.0	1000	$1,500	$1.50	17d	1	0.38mi
10400 Britain St Detroit, MI	3.0	1.0	890	$1,100	$1.24	43d	1	0.39mi
10370 Britain St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	43d	1	0.41mi
19144 Moross Rd Detroit, MI	2.0	1.0	900	$1,050	$1.17	43d	1	0.43mi
19365 Kingsville St Harper Woods, MI	4.0	1.5	996	$1,650	$1.66	14d	1	0.44mi
11235 Roxbury St Detroit, MI	3.0	1.0	1062	$1,325	$1.25	17d	1	0.44mi
10542 Lanark St Detroit, MI	3.0	1.0	1023	$1,250	$1.22	43d	1	0.46mi
19661 Kenosha St Harper Woods, MI	3.0	2.0	1000	$1,400	$1.40	24d	1	0.49mi
10177 Boleyn St Detroit, MI	3.0	1.0	767	$1,250	$1.63	43d	1	0.53mi
20461 Kingsville St Harper Woods, MI	4.0	1.0	1100	$1,399	$1.27	14d	1	0.58mi
10037 Grayton St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	3d	1	0.60mi
12201 Morang Ave Unit 8 Detroit, MI	2.0	1.0	610	$875	$1.43	43d	1	0.60mi
12716 Riad St Detroit, MI	3.0	1.0	974	$1,275	$1.31	17d	1	0.65mi
10404 Somerset Ave Detroit, MI	3.0	1.0	1108	$1,475	$1.33	3d	1	0.71mi
19152 Woodside St Harper Woods, MI	3.0	1.0	916	$1,500	$1.64	17d	1	0.72mi
6304 Bluehill St Detroit, MI	3.0	1.0	1088	$1,500	$1.38	43d	1	0.75mi
6325 Neff Ave Detroit, MI	3.0	1.0	1000	$1,500	$1.50	2d	1	0.76mi
17710 Chester St Detroit, MI	2.0	1.0	984	$1,250	$1.27	43d	1	0.77mi
17720 Chester St Detroit, MI	2.0	1.0	986	$1,250	$1.27	43d	1	0.77mi
6181 Neff Ave Detroit, MI	3.0	1.0	1102	$1,299	$1.18	17d	1	0.83mi
19203 Edgefield St Harper Woods, MI	2.0	1.0	1100	$1,100	$1.00	24d	1	0.88mi
6301 Lodewyck St Detroit, MI	3.0	1.0	1084	$1,300	$1.20	12d	1	0.88mi
6175 Marseilles St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	43d	1	0.91mi
16212 Maddelein St Detroit, MI	2.0	1.0	800	$1,200	$1.50	12d	1	0.91mi
5955 Guilford St Detroit, MI	3.0	1.0	802	$1,400	$1.75	17d	1	0.95mi
15494 Mapleridge St Detroit, MI	3.0	1.0	937	$1,275	$1.36	43d	1	0.99mi
15909 Maddelein St Detroit, MI	3.0	1.0	894	$1,266	$1.42	43d	1	1.03mi
5786 Neff Ave Detroit, MI	3.0	1.5	1100	$1,225	$1.11	16d	1	1.07mi
21401 Kingsville St Harper Woods, MI	2.0	1.0	944	$1,200	$1.27	24d	1	1.07mi
5783 Yorkshire Rd Detroit, MI	2.0	1.0	1040	$1,200	$1.15	43d	1	1.08mi
5915 Farmbrook St Detroit, MI	3.0	1.5	1000	$1,250	$1.25	24d	1	1.12mi

Listing history 12 events

1. 2026-06-07
   statusdays on market $60,000 Pending 31 DOM
2. 2026-06-04
   days on market $60,000 Active 30 DOM
3. 2026-06-03
   days on market $60,000 Active 29 DOM
4. 2026-06-02
   days on market $60,000 Active 28 DOM
5. 2026-06-01
   days on market $60,000 Active 27 DOM
6. 2026-05-31
   days on market $60,000 Active 26 DOM
7. 2026-05-14
   price $60,000 765-char remark

   Show marketing remark (765 chars)

   THIS 3 BDM 1 BATH BUNGALOW IS THE PERFECT PROJECT FOR INVESTORS, FLIPPERS, OR BUYERS LOOKING TO BUILD EQUITY. THIS PROPERTY OFFERS SOLID BONES AND A SPACIOUS LAYOUT, READY FOR YOUR VISION AND RENOVATION EXPERTISE. FEATURING A GENEROUS LIVING AREA, AND A NICE BACKYARD, THIS HOME HAS STRONG UPSIDE POTENTIAL WITH THE RIGHT UPDATES. WHETHER YOU'RE PLANNING A FIX-AND-FLIP, RENTAL HOLD, OR FULL REHAB, THIS PROPERTY PROVIDES A GREAT FOUNDATION TO CREATE VALUE. LOCATED NEAR MAJOR ROADS, LOCAL AMENITIES, AND AREAS SEEING CONTINUED INVESTMENT, THIS IS AN OPPORTUNITY TO CAPITALIZE ON DETROIT'S GROWING MARKET. PROPERTY IS BEING SOLD AS-IS AND REQUIRES PROBATE COURT APPROVAL. BUYER TO VERIFY ALL INFORMATION. BRING YOUR CONTRACTOR AND IMAGINATION - THIS ONE WON'T LAST!

8. 2026-05-14
   price $60,000 787-char remark

   Show marketing remark (765 chars)

   THIS 3 BDM 1 BATH BUNGALOW IS THE PERFECT PROJECT FOR INVESTORS, FLIPPERS, OR BUYERS LOOKING TO BUILD EQUITY. THIS PROPERTY OFFERS SOLID BONES AND A SPACIOUS LAYOUT, READY FOR YOUR VISION AND RENOVATION EXPERTISE. FEATURING A GENEROUS LIVING AREA, AND A NICE BACKYARD, THIS HOME HAS STRONG UPSIDE POTENTIAL WITH THE RIGHT UPDATES. WHETHER YOU'RE PLANNING A FIX-AND-FLIP, RENTAL HOLD, OR FULL REHAB, THIS PROPERTY PROVIDES A GREAT FOUNDATION TO CREATE VALUE. LOCATED NEAR MAJOR ROADS, LOCAL AMENITIES, AND AREAS SEEING CONTINUED INVESTMENT, THIS IS AN OPPORTUNITY TO CAPITALIZE ON DETROIT'S GROWING MARKET. PROPERTY IS BEING SOLD AS-IS AND REQUIRES PROBATE COURT APPROVAL. BUYER TO VERIFY ALL INFORMATION. BRING YOUR CONTRACTOR AND IMAGINATION - THIS ONE WON'T LAST!

9. 2026-05-05
   listed $68,000 Active 765-char remark

   Show marketing remark (765 chars)

   THIS 3 BDM 1 BATH BUNGALOW IS THE PERFECT PROJECT FOR INVESTORS, FLIPPERS, OR BUYERS LOOKING TO BUILD EQUITY. THIS PROPERTY OFFERS SOLID BONES AND A SPACIOUS LAYOUT, READY FOR YOUR VISION AND RENOVATION EXPERTISE. FEATURING A GENEROUS LIVING AREA, AND A NICE BACKYARD, THIS HOME HAS STRONG UPSIDE POTENTIAL WITH THE RIGHT UPDATES. WHETHER YOU'RE PLANNING A FIX-AND-FLIP, RENTAL HOLD, OR FULL REHAB, THIS PROPERTY PROVIDES A GREAT FOUNDATION TO CREATE VALUE. LOCATED NEAR MAJOR ROADS, LOCAL AMENITIES, AND AREAS SEEING CONTINUED INVESTMENT, THIS IS AN OPPORTUNITY TO CAPITALIZE ON DETROIT'S GROWING MARKET. PROPERTY IS BEING SOLD AS-IS AND REQUIRES PROBATE COURT APPROVAL. BUYER TO VERIFY ALL INFORMATION. BRING YOUR CONTRACTOR AND IMAGINATION - THIS ONE WON'T LAST!

10. 2026-05-05
    listed $68,000 Active 787-char remark

    Show marketing remark (765 chars)

    THIS 3 BDM 1 BATH BUNGALOW IS THE PERFECT PROJECT FOR INVESTORS, FLIPPERS, OR BUYERS LOOKING TO BUILD EQUITY. THIS PROPERTY OFFERS SOLID BONES AND A SPACIOUS LAYOUT, READY FOR YOUR VISION AND RENOVATION EXPERTISE. FEATURING A GENEROUS LIVING AREA, AND A NICE BACKYARD, THIS HOME HAS STRONG UPSIDE POTENTIAL WITH THE RIGHT UPDATES. WHETHER YOU'RE PLANNING A FIX-AND-FLIP, RENTAL HOLD, OR FULL REHAB, THIS PROPERTY PROVIDES A GREAT FOUNDATION TO CREATE VALUE. LOCATED NEAR MAJOR ROADS, LOCAL AMENITIES, AND AREAS SEEING CONTINUED INVESTMENT, THIS IS AN OPPORTUNITY TO CAPITALIZE ON DETROIT'S GROWING MARKET. PROPERTY IS BEING SOLD AS-IS AND REQUIRES PROBATE COURT APPROVAL. BUYER TO VERIFY ALL INFORMATION. BRING YOUR CONTRACTOR AND IMAGINATION - THIS ONE WON'T LAST!

11. 2009-10-29
    soldstatus $7,200

    Show marketing remark (35 chars)

    BANK OWNED BEAUTY. MUST SEE INSIDE.

12. 2009-09-14
    listed $6,000

    Show marketing remark (35 chars)

    BANK OWNED BEAUTY. MUST SEE INSIDE.

ⓘ 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: $2,510 · $209/mo
• Projected year-2 tax: $2,510 · $209/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 ≥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: $16,083
• − Mortgage interest: −$3,361
• − Property taxes: −$2,510
• − Insurance: −$300
• − Repairs & maintenance: −$1,287
• − Management: −$1,287
• − Depreciation: −$1,745
• Taxable income: $5,593
• Est. tax owed @ 24.0%: −$1,342
• After-tax cash flow: $4,777/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

+900.0% since first listed

8 events — show timeline

• 2026-06-05 Pending — MiRealSource-MiMLS
• 2026-06-05 Pending — REALCOMP
• 2026-05-14 Price Changed $60,000 MiRealSource-MiMLS
• 2026-05-14 Price Changed $60,000 REALCOMP
• 2026-05-05 Listed $68,000 REALCOMP
• 2026-05-05 Listed $68,000 MiRealSource-MiMLS
• 2009-10-29 Sold (MLS) $7,200 REALCOMP
• 2009-09-14 Listed $6,000 REALCOMP

Property tax history

+3.4%/yr

Latest (2025): $2,510 · +0.9% YoY. Source: county tax records.