634 Kenilworth Ave · Pontiac, MI 48340

$125,000

3 bd · 1.0 ba · 1,888 sqft · SingleFamily public records · 12 Days on market

Built 1960 6,098 sqft lot $66/sqft · 44% below area Est $113k · 11% over

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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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +8.7/10.0
• Rent growth +3.7/5.0
• Livability +3.2/5.0
• ARV discount +2.7/15.0
• Condition / age +2.5/5.0
• Schools +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 3-bedroom, 1.5-bath ranch with great potential! Perfect for an investor or a first time home buyer who wants to update and make this house their own. This home offers a solid foundation with the key mechanical updates already completed, including a new roof (2021), new furnace (2022), double-pane windows for added efficiency and updated electrical with new circuit breaker box and wiring - reducing some of the major expenses. Interior features include hardwood floors and a bright living room with a large picture window providing abundant natural light. The full unfinished basement presents a prime value-add opportunity, with space for a future family room, two additional bonus rooms, and ample storage - ideal for increasing livable square footage. Outside, enjoy a large fenced backyard and a covered back patio, perfect for relaxing or entertaining. Great bones and layout with multiple exit strategies: renovate and flip, hold as a rental, or create your dream home. Don't miss this opportunity to unlock the property's full potential! Schedule your private showing today.

Key facts

• 6,098 sq ft lot
• Built 1960
• Listed 12 days

Property features AI

Finance

• Other: Paved road access; Lot approximately 0.14 acres (50 x 117.66); Subdivision: PERRY PARK 1; Directions: North of University Drive / East of Joslyn Drive

Exterior

• Parking: No garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One story; Ground-level entry with steps; Brick and vinyl siding exterior; Faces unspecified
• Construction: Block foundation; Built with brick and vinyl siding
• Exterior features: Covered patio and porch; Porch; Back yard fencing (fenced)

Interior

• Kitchen: Free-standing gas range; Free-standing refrigerator
• Bedrooms: 8 total rooms (includes bedrooms and living spaces)
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Forced air heating (natural gas); Ceiling fan(s); No central air
• Interior features: Gas water heater; Range hood; Unfinished basement
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $490 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Cap rate 11.0% vs local median 5.4% in Pontiac — 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 64/100 on livability (#499 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D, crime F, amenities F.
• Pontiac City School District (urban): math 8% / reading 17% proficiency, ranked #514 of 540 in MI (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Herrington School (math 8% / reading 8%, grade F, #1,300 of 1,397 statewide, top 94%, 287 students, 88% FRL); Pontiac Middle School (math 8% / reading 23%, grade F, #450 of 493 statewide, top 91%, 729 students, 81% FRL); Pontiac High School (math 12% / reading 27%, grade F, #622 of 713 statewide, top 88%, 935 students, 75% FRL) — zoned schools at 81% FRL track the district average.
• Market conditions: Rents rising fast (+4.7%/yr); 85 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
• This rent runs 43% of the median local income ($48k/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 $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 4.7% rent growth), your $35k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $76k; list at $125k implies a 64% gain — meaningful room to come down on a strong offer.

Recommended offer $125,000

Questions for the listing agent

1. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.37% ✓
• Cap rate: 11.00%
• Cash-on-cash: 16.81%
• DSCR: 1.75
• GRM: 6.1

CMA / ARV

• ARV (median comp): $113,004
• List price: $125,000
• Delta: 10.62%
• 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
808 Kettering Ave	0.37mi	3/2.0	1,882 (-0%)	6mo	$225,000	$120	73
608 Brady Ln	0.19mi	4/2.5 (+1)	1,880 (-0%)	8mo	$274,999	$146	73
596 Brady Ln	0.20mi	4/2.5 (+1)	1,880 (-0%)	9mo	$279,999	$149	71
679 Linda Vista Dr	0.68mi	3/1.0	1,890 (+0%)	4mo	$150,000	$79	64
730 Stirling St	0.21mi	4/2.0 (+1)	1,712 (-9%)	4mo	$180,000	$105	62
663 Lenox Ave	0.68mi	3/1.0	1,886 (-0%)	8mo	$182,000	$97	61
777 Emerson Ave	0.29mi	4/3.0 (+1)	1,797 (-5%)	6mo	$207,000	$115	60
207 Victory Dr	0.65mi	3/2.0	1,870 (-1%)	6mo	$195,000	$104	59
790 Cameron Ave	0.31mi	2/1.0 (-1)	2,084 (+10%)	7mo	$149,000	$71	57
197 Gage St	0.69mi	3/1.0	1,865 (-1%)	13mo	$180,000	$97	55
780 Palmer Dr	0.52mi	3/2.0	1,694 (-10%)	2mo	$152,500	$90	53
451 Martin Luther King Jr Blvd N	0.52mi	3/1.5	1,677 (-11%)	10mo	$170,000	$101	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 · 4.73% rent growth · sell at horizon

5-year hold

• IRR: 9.9%
• Equity multiple: 1.40×
• Total profit: $14,012
• Equity at exit: $18,638

10-year hold

• IRR: 20.5%
• Equity multiple: 2.87×
• Total profit: $65,359
• Equity at exit: $10,808

Cash invested: $35,000 (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 48340

• Rents YoY: 4.7%
• Active inventory: 85
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,709 medium
• Mortgage (P&I): −$656
• Tax from tax record: −$152 /mo · $1,828/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$359
• Net cashflow: $490

Break-even live

Break-even rent $1,089

Max offer price $125,000

Occupancy floor 66%

Sensitivity live

Price	-10% $561	-5% $526	+0% $490	+5% $455	+10% $419
Rent	-10% $355	-5% $423	+0% $490	+5% $558	+10% $625
Rate	-1.0pp $553	-0.5pp $522	base $490	+0.5pp $458	+1.0pp $425

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
264 Nelson St Pontiac, MI	3.0	1.0	1478	$1,590	$1.08	45d	1	1.00mi
107 N Sanford St Pontiac, MI	4.0	1.5	1467	$1,750	$1.19	45d	1	1.19mi
90 Marquette St Pontiac, MI	3.0	1.0	1886	$1,800	$0.95	45d	1	1.22mi
863 Amanda Ln Pontiac, MI	3.0	2.0	1434	$1,800	$1.26	21d	1	1.45mi

Listing history 10 events

1. 2026-05-16
   status Active 1092-char remark

   Show marketing remark (1092 chars)

   Charming 3-bedroom, 1.5-bath ranch with great potential! Perfect for an investor or a first time home buyer who wants to update and make this house their own. This home offers a solid foundation with the key mechanical updates already completed, including a new roof (2021), new furnace (2022), double-pane windows for added efficiency and updated electrical with new circuit breaker box and wiring - reducing some of the major expenses. Interior features include hardwood floors and a bright living room with a large picture window providing abundant natural light. The full unfinished basement presents a prime value-add opportunity, with space for a future family room, two additional bonus rooms, and ample storage - ideal for increasing livable square footage. Outside, enjoy a large fenced backyard and a covered back patio, perfect for relaxing or entertaining. Great bones and layout with multiple exit strategies: renovate and flip, hold as a rental, or create your dream home. Don't miss this opportunity to unlock the property's full potential! Schedule your private showing today.

2. 2026-05-16
   status Active 1112-char remark

   Show marketing remark (1092 chars)

   Charming 3-bedroom, 1.5-bath ranch with great potential! Perfect for an investor or a first time home buyer who wants to update and make this house their own. This home offers a solid foundation with the key mechanical updates already completed, including a new roof (2021), new furnace (2022), double-pane windows for added efficiency and updated electrical with new circuit breaker box and wiring - reducing some of the major expenses. Interior features include hardwood floors and a bright living room with a large picture window providing abundant natural light. The full unfinished basement presents a prime value-add opportunity, with space for a future family room, two additional bonus rooms, and ample storage - ideal for increasing livable square footage. Outside, enjoy a large fenced backyard and a covered back patio, perfect for relaxing or entertaining. Great bones and layout with multiple exit strategies: renovate and flip, hold as a rental, or create your dream home. Don't miss this opportunity to unlock the property's full potential! Schedule your private showing today.

3. 2026-04-30
   historical 1092-char remark

   Show marketing remark (1092 chars)

   Charming 3-bedroom, 1.5-bath ranch with great potential! Perfect for an investor or a first time home buyer who wants to update and make this house their own. This home offers a solid foundation with the key mechanical updates already completed, including a new roof (2021), new furnace (2022), double-pane windows for added efficiency and updated electrical with new circuit breaker box and wiring - reducing some of the major expenses. Interior features include hardwood floors and a bright living room with a large picture window providing abundant natural light. The full unfinished basement presents a prime value-add opportunity, with space for a future family room, two additional bonus rooms, and ample storage - ideal for increasing livable square footage. Outside, enjoy a large fenced backyard and a covered back patio, perfect for relaxing or entertaining. Great bones and layout with multiple exit strategies: renovate and flip, hold as a rental, or create your dream home. Don't miss this opportunity to unlock the property's full potential! Schedule your private showing today.

4. 2026-04-30
   listed $135,000 Active 1092-char remark

   Show marketing remark (1092 chars)

   Charming 3-bedroom, 1.5-bath ranch with great potential! Perfect for an investor or a first time home buyer who wants to update and make this house their own. This home offers a solid foundation with the key mechanical updates already completed, including a new roof (2021), new furnace (2022), double-pane windows for added efficiency and updated electrical with new circuit breaker box and wiring - reducing some of the major expenses. Interior features include hardwood floors and a bright living room with a large picture window providing abundant natural light. The full unfinished basement presents a prime value-add opportunity, with space for a future family room, two additional bonus rooms, and ample storage - ideal for increasing livable square footage. Outside, enjoy a large fenced backyard and a covered back patio, perfect for relaxing or entertaining. Great bones and layout with multiple exit strategies: renovate and flip, hold as a rental, or create your dream home. Don't miss this opportunity to unlock the property's full potential! Schedule your private showing today.

5. 2026-04-30
   listed $135,000 Active 1112-char remark

   Show marketing remark (1092 chars)

   Charming 3-bedroom, 1.5-bath ranch with great potential! Perfect for an investor or a first time home buyer who wants to update and make this house their own. This home offers a solid foundation with the key mechanical updates already completed, including a new roof (2021), new furnace (2022), double-pane windows for added efficiency and updated electrical with new circuit breaker box and wiring - reducing some of the major expenses. Interior features include hardwood floors and a bright living room with a large picture window providing abundant natural light. The full unfinished basement presents a prime value-add opportunity, with space for a future family room, two additional bonus rooms, and ample storage - ideal for increasing livable square footage. Outside, enjoy a large fenced backyard and a covered back patio, perfect for relaxing or entertaining. Great bones and layout with multiple exit strategies: renovate and flip, hold as a rental, or create your dream home. Don't miss this opportunity to unlock the property's full potential! Schedule your private showing today.

6. 2026-04-23
   historical $135,000 1092-char remark

   Show marketing remark (1092 chars)

   Charming 3-bedroom, 1.5-bath ranch with great potential! Perfect for an investor or a first time home buyer who wants to update and make this house their own. This home offers a solid foundation with the key mechanical updates already completed, including a new roof (2021), new furnace (2022), double-pane windows for added efficiency and updated electrical with new circuit breaker box and wiring - reducing some of the major expenses. Interior features include hardwood floors and a bright living room with a large picture window providing abundant natural light. The full unfinished basement presents a prime value-add opportunity, with space for a future family room, two additional bonus rooms, and ample storage - ideal for increasing livable square footage. Outside, enjoy a large fenced backyard and a covered back patio, perfect for relaxing or entertaining. Great bones and layout with multiple exit strategies: renovate and flip, hold as a rental, or create your dream home. Don't miss this opportunity to unlock the property's full potential! Schedule your private showing today.

7. 2026-04-23
   historical

   Show marketing remark (1092 chars)

   Charming 3-bedroom, 1.5-bath ranch with great potential! Perfect for an investor or a first time home buyer who wants to update and make this house their own. This home offers a solid foundation with the key mechanical updates already completed, including a new roof (2021), new furnace (2022), double-pane windows for added efficiency and updated electrical with new circuit breaker box and wiring - reducing some of the major expenses. Interior features include hardwood floors and a bright living room with a large picture window providing abundant natural light. The full unfinished basement presents a prime value-add opportunity, with space for a future family room, two additional bonus rooms, and ample storage - ideal for increasing livable square footage. Outside, enjoy a large fenced backyard and a covered back patio, perfect for relaxing or entertaining. Great bones and layout with multiple exit strategies: renovate and flip, hold as a rental, or create your dream home. Don't miss this opportunity to unlock the property's full potential! Schedule your private showing today.

8. 2026-04-23
   historical

   Show marketing remark (1092 chars)

   Charming 3-bedroom, 1.5-bath ranch with great potential! Perfect for an investor or a first time home buyer who wants to update and make this house their own. This home offers a solid foundation with the key mechanical updates already completed, including a new roof (2021), new furnace (2022), double-pane windows for added efficiency and updated electrical with new circuit breaker box and wiring - reducing some of the major expenses. Interior features include hardwood floors and a bright living room with a large picture window providing abundant natural light. The full unfinished basement presents a prime value-add opportunity, with space for a future family room, two additional bonus rooms, and ample storage - ideal for increasing livable square footage. Outside, enjoy a large fenced backyard and a covered back patio, perfect for relaxing or entertaining. Great bones and layout with multiple exit strategies: renovate and flip, hold as a rental, or create your dream home. Don't miss this opportunity to unlock the property's full potential! Schedule your private showing today.

9. 2026-04-23
   historical

   Show marketing remark (1092 chars)

   Charming 3-bedroom, 1.5-bath ranch with great potential! Perfect for an investor or a first time home buyer who wants to update and make this house their own. This home offers a solid foundation with the key mechanical updates already completed, including a new roof (2021), new furnace (2022), double-pane windows for added efficiency and updated electrical with new circuit breaker box and wiring - reducing some of the major expenses. Interior features include hardwood floors and a bright living room with a large picture window providing abundant natural light. The full unfinished basement presents a prime value-add opportunity, with space for a future family room, two additional bonus rooms, and ample storage - ideal for increasing livable square footage. Outside, enjoy a large fenced backyard and a covered back patio, perfect for relaxing or entertaining. Great bones and layout with multiple exit strategies: renovate and flip, hold as a rental, or create your dream home. Don't miss this opportunity to unlock the property's full potential! Schedule your private showing today.

10. 2000-12-22
    soldstatus $76,000

ⓘ 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: $1,828 · $152/mo
• Projected year-2 tax: $1,877 · $156/mo
• Expected delta: +$48/yr (+$4/mo · 2.6%)

ⓘ 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 2/10 Low 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 · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,508
• − Mortgage interest: −$7,002
• − Property taxes: −$1,828
• − Insurance: −$625
• − Repairs & maintenance: −$1,641
• − Management: −$1,641
• − Depreciation: −$3,636
• Taxable income: $4,135
• Est. tax owed @ 24.0%: −$992
• After-tax cash flow: $4,889/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: Pontiac City School District
• NCES district ID: 2628740
• Math proficiency: 8% ▼ -5.00%
• Reading proficiency: 17% ▼ -3.00%
• Median HH income: $33,888
• Composite: 10.12/100
• National rank: #9802
• State rank: #514 of 540 in MI

Livability — Pontiac

• Score: 64/100
• State rank: #499
• US rank: #14703

Category grades

Amenities F Commute A+ Cost of living A+ Crime F Employment F Housing A+ Health & safety D User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pontiac, MI
• County: Oakland County · 1,009,092 people
• City population: 44,593
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 25,669
• Household income: $47,891
• Rent vs Own: 54.3% rent · 45.7% own
• Severe rent burden: 1460.0

Population outlook (Oakland County) Hauer SSP2

• Today (2025): 1,335,747 people
• By 2030: 1,375,100 · +2.9%
• By 2040: 1,435,385 · +7.5%
• By 2050: 1,469,250 · +10.0%
• By 2075: 1,531,946 · +14.7%
• By 2100: 1,450,485 · +8.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.73)
• Race & ethnicity: Black 31% Hispanic / Latino 31% White 29% Two or more races 22% Asian 4%
• Hispanic origin (detail): Mexican 18% Puerto Rican 7%
• Common ancestry: Lithuanian 2% Romanian 2% Serbian 1%
• Foreign-born: 11% · Canada, China
• Languages at home: 74% English-only · Spanish 23% Other Asian/Pacific 2% Chinese 1%

Political lean MEDSL · Oakland

• 2024 margin: D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
• 2008→2024 swing: -3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
• All cycles: 2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -295.80%
• Current HPI: 177.961
• Rent YoY: ▲ 4.73%
• 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

+64.5% since first listed

14 events — show timeline

• 2026-05-26 Pending — MiRealSource-MiMLS
• 2026-05-26 Pending — REALCOMP
• 2026-05-23 Price Changed $125,000 MiRealSource-MiMLS
• 2026-05-22 Price Changed $125,000 REALCOMP
• 2026-05-16 Relisted — MiRealSource-MiMLS
• 2026-05-16 Relisted — REALCOMP
• 2026-04-30 Listing Removed — MiRealSource-MiMLS
• 2026-04-30 Listed $135,000 MiRealSource-MiMLS
• 2026-04-30 Listed $135,000 REALCOMP
• 2026-04-23 Coming Soon $135,000 MiRealSource-MiMLS
• 2026-04-23 Coming Soon — MiRealSource-MiMLS
• 2026-04-23 Listing Removed — REALCOMP
• 2026-04-23 Listing Removed — MiRealSource-MiMLS
• 2000-12-22 Sold (Public Records) $76,000 Public Records

Property tax history

+10.6%/yr

Latest (2025): $1,828 · +30.5% YoY. Source: county tax records.