18505 Ashton Ave · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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
- Appreciation +5.0/10.0
- Livability +3.7/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
$75,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
18505 Ashton in Detroit is a smart option for a first-time homebuyer or a savy investor, offering a straightforward single-family layout that is easy to live in and easy to own. With a classic 4-bedroom footprint and a manageable yard, it keeps upkeep simple while still delivering everyday comfort and utility. Inside, 1,200 sq ft is arranged for flexibility, with four bedrooms that can support family living, guests, work-from-home needs, or extra storage. The 1.5 baths add convenience for daily routines, and the overall size is practical for budgeting, maintaining, and planning long-term. Set on a 5,140 sq ft lot, the outdoor space gives you room to enjoy without taking on an oversized maintenance commitment. It is a balanced parcel that supports simple outdoor use while keeping ownership focused on efficiency and durability. If you are looking for a Detroit home that stays focused on the fundamentals, 18505 Ashton brings together 4 bedrooms, 1.5 baths, and a sensible lot size in a property that is easy to understand, easy to position, and easy to hold. Request more details or schedule a showing at 18505 Ashton, Detroit, MI 48219 to see how this 4-bedroom home fits your plans.
Key facts
- 5,227 sq ft lot
- Built 1941
- Listed 29 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.0-bath single-family listed at $75k.
Deal economics
- At list price, monthly cash flow is $404 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $75k).
- Recommended offer: $74k (1.5% below list) — sets the bar for market timing.
- Cap rate 12.7% vs local median 10.2% in Detroit — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
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: 1 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
Forward outlook
- In year one you build about $3k of equity ($519 loan paydown + $2k appreciation (3.0% local appreciation)).
- 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 + 3.0% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- It's been on market 29 days — a 2% lower offer ($74k) is reasonable based on typical stale-listing flexibility.
- 18 sale attempts since 22y 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 4.9% of price; built in 1941 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.91% ✓
- Cap rate
- 12.75%
- Cash-on-cash
- 23.06%
- DSCR
- 2.03
- GRM
- 4.4
CMA / ARV
- ARV (median comp)
- $94,326
- List price
- $75,000
- Delta
- -20.49%
- 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 |
|---|---|---|---|---|---|---|---|
| 18505 Ashton Ave | 0.00mi | 4/1.5 | 1,200 (0%) | 0mo | $75,000 | $63 | 98 |
| 19009 Ashton Ave | 0.20mi | 3/3.0 (-1) | 1,225 (+2%) | 2mo | $170,000 | $139 | 73 |
| 18926 Ashton Ave | 0.12mi | 3/1.0 (-1) | 1,095 (-9%) | 3mo | $125,000 | $114 | 72 |
| 18217 Archdale St | 0.29mi | 3/1.0 (-1) | 1,085 (-10%) | 0mo | $82,000 | $76 | 65 |
| 18423 Ashton Ave | 0.08mi | 3/2.5 (-1) | 1,350 (+12%) | 0mo | $199,900 | $148 | 64 |
| 19003 Curtis St | 0.49mi | 3/1.0 (-1) | 1,138 (-5%) | 1mo | $95,000 | $83 | 63 |
| 19338 Fenmore St | 0.45mi | 3/1.0 (-1) | 1,120 (-7%) | 1mo | $116,000 | $104 | 62 |
| 19105 Curtis St | 0.54mi | 3/1.5 (-1) | 1,156 (-4%) | 3mo | $97,422 | $84 | 59 |
| 18801 Margareta St | 0.31mi | 3/1.0 (-1) | 1,045 (-13%) | 3mo | $60,000 | $57 | 56 |
| 18239 Saint Marys St | 0.70mi | 3/1.0 (-1) | 1,136 (-5%) | 1mo | $124,900 | $110 | 52 |
| 19352 Margareta St | 0.63mi | 3/1.0 (-1) | 1,060 (-12%) | 3mo | $105,000 | $99 | 44 |
| 19455 Avon Ave | 0.64mi | 3/1.0 (-1) | 1,023 (-15%) | 2mo | $72,000 | $70 | 39 |
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 · 3.0% rent growth · sell at horizon
- IRR
- 29.3%
- Equity multiple
- 2.66×
- Total profit
- $34,888
- Equity at exit
- $33,723
- IRR
- 29.8%
- Equity multiple
- 5.21×
- Total profit
- $88,397
- Equity at exit
- $51,972
Cash invested: $21,000 (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
ZIP-level market 48219 2910
- Active inventory
- 1
- Price-to-rent
- 4.4×
Monthly cashflow live
- Estimated rent
- $1,433 high interval (Pro) →
- Mortgage (P&I)
- −$393
- Tax from tax record
- −$304 /mo · $3,652/yr
- Insurance
- −$31
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$301
- Net cashflow
- $404
Break-even live
Sensitivity live
| Price | -10% $666 | -5% $640 | +0% $404 | +5% $382 | +10% $361 |
|---|---|---|---|---|---|
| Rent | -10% $290 | -5% $347 | +0% $404 | +5% $460 | +10% $517 |
| Rate | -1.0pp $441 | -0.5pp $423 | base $404 | +0.5pp $384 | +1.0pp $364 |
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
- $18,750
- Closing costs
- $2,250
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 18494 Ashton Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,600 | $1.60 | 17d | 1 | 0.05mi |
| 17654 Greenview Ave Detroit, MI | 4.0 | 1.0 | 1377 | $1,350 | $0.98 | 17d | 1 | 0.37mi |
| 17654 Sunderland Rd Detroit, MI | 3.0 | 1.0 | 1100 | $1,500 | $1.36 | 44d | 1 | 0.48mi |
| 18452 Shaftsbury Ave Detroit, MI | 3.0 | 1.0 | 927 | $1,500 | $1.62 | 17d | 1 | 0.49mi |
| 18659 Shaftsbury Ave Detroit, MI | 3.0 | 1.0 | 763 | $1,373 | $1.80 | 13d | 1 | 0.53mi |
| 19329 Stahelin Ave Unit 1 Detroit, MI | 3.0 | 1.5 | 833 | $1,250 | $1.50 | 44d | 1 | 0.57mi |
| 19400 Harlow St Detroit, MI | 4.0 | 1.0 | 1298 | $1,275 | $0.98 | 17d | 1 | 0.60mi |
| 19445 Avon Ave Detroit, MI | 3.0 | 1.0 | 1023 | $1,550 | $1.52 | 44d | 1 | 0.64mi |
| 19176 Grandville Ave Detroit, MI | 3.0 | 1.0 | 941 | $1,300 | $1.38 | 5d | 1 | 0.65mi |
| 18450 Edinborough Rd Detroit, MI | 3.0 | 1.0 | 1000 | $1,500 | $1.50 | 44d | 1 | 0.67mi |
| 17238 Shaftsbury Ave Detroit, MI | 3.0 | 1.0 | 1200 | $1,550 | $1.29 | 44d | 1 | 0.76mi |
| 19818 Fenmore St Detroit, MI | 3.0 | 1.0 | 902 | $1,275 | $1.41 | 44d | 1 | 0.78mi |
| 16876 Harlow Ave Unit (NO) Detroit, MI | 3.0 | 1.0 | 1250 | $1,350 | $1.08 | 44d | 1 | 0.82mi |
| 19918 Southfield Fwy Detroit, MI | 3.0 | 1.0 | 915 | $1,375 | $1.50 | 15d | 1 | 0.82mi |
| 18400 Rutherford St Detroit, MI | 3.0 | 1.0 | 1050 | $1,400 | $1.33 | 4d | 1 | 0.83mi |
| 16823 Stahelin Ave Detroit, MI | 3.0 | 2.5 | 1500 | $1,600 | $1.07 | 18d | 1 | 0.88mi |
| 19970 Ashton Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,000 | $1.00 | 44d | 1 | 0.88mi |
| 18675 Forrer St Detroit, MI | 3.0 | 1.0 | 1200 | $1,225 | $1.02 | 5d | 1 | 0.93mi |
| 20043 Fenmore St Detroit, MI | 3.0 | 1.0 | 1030 | $1,453 | $1.41 | 44d | 1 | 0.95mi |
| 20011 Avon Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 5d | 1 | 0.96mi |
| 18134 Vaughan St Detroit, MI | 3.0 | 1.0 | 1060 | $1,150 | $1.08 | 17d | 1 | 0.97mi |
| 19503 Mansfield St Detroit, MI | 3.0 | 1.0 | 1200 | $1,350 | $1.12 | 17d | 1 | 0.98mi |
| 19467 Rutherford St Detroit, MI | 3.0 | 1.0 | 1002 | $1,200 | $1.20 | 17d | 1 | 1.00mi |
| 19440 Rutherford St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 25d | 1 | 1.00mi |
| 20200 Ashton Ave Detroit, MI | 3.0 | 1.0 | 1200 | $1,200 | $1.00 | 17d | 1 | 1.03mi |
| 18556 Kentfield St Detroit, MI | 3.0 | 1.0 | 952 | $1,250 | $1.31 | 3d | 1 | 1.05mi |
| 17165 Prevost St Detroit, MI | 3.0 | 1.0 | 1060 | $2,400 | $2.26 | 2d | 1 | 1.08mi |
| 20203 Gilchrist St Detroit, MI | 3.0 | 1.0 | 1031 | $1,250 | $1.21 | 5d | 1 | 1.10mi |
| 20259 Oakfield St Detroit, MI | 3.0 | 1.0 | 1056 | $1,250 | $1.18 | 17d | 1 | 1.12mi |
| 18481 Prest St Detroit, MI | 3.0 | 1.5 | 1100 | $1,300 | $1.18 | 20d | 1 | 1.14mi |
| 20210 Biltmore St Detroit, MI | 3.0 | 1.0 | 1033 | $1,350 | $1.31 | 25d | 1 | 1.14mi |
| 18205 Stout St Detroit, MI | 3.0 | 1.0 | 901 | $1,078 | $1.20 | 25d | 1 | 1.15mi |
| 20510 Fenmore St Detroit, MI | 3.0 | 1.0 | 1194 | $1,300 | $1.09 | 2d | 1 | 1.17mi |
| 16535 Asbury Park Detroit, MI | 3.0 | 1.5 | 1152 | $1,450 | $1.26 | 25d | 1 | 1.21mi |
| 20314 Gilchrist St Detroit, MI | 3.0 | 1.0 | 1042 | $1,500 | $1.44 | 5d | 1 | 1.21mi |
| 16210 Ferguson St Detroit, MI | 4.0 | 2.0 | 1493 | $1,750 | $1.17 | 4d | 1 | 1.24mi |
| 20271 Grandville Ave Detroit, MI | 3.0 | 1.0 | 1010 | $1,550 | $1.53 | 24d | 1 | 1.25mi |
| 17624 Patton St Detroit, MI | 3.0 | 1.0 | 1260 | $1,695 | $1.35 | 44d | 1 | 1.27mi |
| 16837 Winthrop St Detroit, MI | 5.0 | 2.0 | 1500 | $2,000 | $1.33 | 20d | 1 | 1.28mi |
| 18964 Coyle St Detroit, MI | 3.0 | 1.0 | 1300 | $1,350 | $1.04 | 3d | 1 | 1.37mi |
Listing history 48 events
-
2026-06-15days on market $75,000 Pending 29 DOM
-
2026-04-24$75,000 Active 1195-char remark
Show marketing remark (1195 chars)
18505 Ashton in Detroit is a smart option for a first-time homebuyer or a savy investor, offering a straightforward single-family layout that is easy to live in and easy to own. With a classic 4-bedroom footprint and a manageable yard, it keeps upkeep simple while still delivering everyday comfort and utility. Inside, 1,200 sq ft is arranged for flexibility, with four bedrooms that can support family living, guests, work-from-home needs, or extra storage. The 1.5 baths add convenience for daily routines, and the overall size is practical for budgeting, maintaining, and planning long-term. Set on a 5,140 sq ft lot, the outdoor space gives you room to enjoy without taking on an oversized maintenance commitment. It is a balanced parcel that supports simple outdoor use while keeping ownership focused on efficiency and durability. If you are looking for a Detroit home that stays focused on the fundamentals, 18505 Ashton brings together 4 bedrooms, 1.5 baths, and a sensible lot size in a property that is easy to understand, easy to position, and easy to hold. Request more details or schedule a showing at 18505 Ashton, Detroit, MI 48219 to see how this 4-bedroom home fits your plans.
-
2026-04-24$75,000 Active 1195-char remark
Show marketing remark (1195 chars)
18505 Ashton in Detroit is a smart option for a first-time homebuyer or a savy investor, offering a straightforward single-family layout that is easy to live in and easy to own. With a classic 4-bedroom footprint and a manageable yard, it keeps upkeep simple while still delivering everyday comfort and utility. Inside, 1,200 sq ft is arranged for flexibility, with four bedrooms that can support family living, guests, work-from-home needs, or extra storage. The 1.5 baths add convenience for daily routines, and the overall size is practical for budgeting, maintaining, and planning long-term. Set on a 5,140 sq ft lot, the outdoor space gives you room to enjoy without taking on an oversized maintenance commitment. It is a balanced parcel that supports simple outdoor use while keeping ownership focused on efficiency and durability. If you are looking for a Detroit home that stays focused on the fundamentals, 18505 Ashton brings together 4 bedrooms, 1.5 baths, and a sensible lot size in a property that is easy to understand, easy to position, and easy to hold. Request more details or schedule a showing at 18505 Ashton, Detroit, MI 48219 to see how this 4-bedroom home fits your plans.
-
2018-10-15soldstatus $58,700
-
2017-03-30soldstatus $25,000
-
2017-03-03soldstatus $25,000 Sold
Show marketing remark (251 chars)
Truly a MUST SEE!!! Great tree Lined street takes you to this lovely 4 bedrm colonial style home, offers neutral decor, good size living room, updated kitchen, dining area, and basement for extra living and/ or storage space . .. . Home sold as is. ..
-
2017-03-03soldstatus $25,000 Closed
Show marketing remark (251 chars)
Truly a MUST SEE!!! Great tree Lined street takes you to this lovely 4 bedrm colonial style home, offers neutral decor, good size living room, updated kitchen, dining area, and basement for extra living and/ or storage space . .. . Home sold as is. ..
-
2017-02-15status Pending
Show marketing remark (251 chars)
Truly a MUST SEE!!! Great tree Lined street takes you to this lovely 4 bedrm colonial style home, offers neutral decor, good size living room, updated kitchen, dining area, and basement for extra living and/ or storage space . .. . Home sold as is. ..
-
2017-02-15status Pending
Show marketing remark (251 chars)
Truly a MUST SEE!!! Great tree Lined street takes you to this lovely 4 bedrm colonial style home, offers neutral decor, good size living room, updated kitchen, dining area, and basement for extra living and/ or storage space . .. . Home sold as is. ..
-
2017-01-06price $17,000
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2017-01-05price $17,000
Show marketing remark (251 chars)
Truly a MUST SEE!!! Great tree Lined street takes you to this lovely 4 bedrm colonial style home, offers neutral decor, good size living room, updated kitchen, dining area, and basement for extra living and/ or storage space . .. . Home sold as is. ..
-
2016-10-21price $19,000
Show marketing remark (251 chars)
Truly a MUST SEE!!! Great tree Lined street takes you to this lovely 4 bedrm colonial style home, offers neutral decor, good size living room, updated kitchen, dining area, and basement for extra living and/ or storage space . .. . Home sold as is. ..
-
2016-10-21price $19,000
Show marketing remark (251 chars)
Truly a MUST SEE!!! Great tree Lined street takes you to this lovely 4 bedrm colonial style home, offers neutral decor, good size living room, updated kitchen, dining area, and basement for extra living and/ or storage space . .. . Home sold as is. ..
-
2016-09-22$22,000 Active
Show marketing remark (251 chars)
Truly a MUST SEE!!! Great tree Lined street takes you to this lovely 4 bedrm colonial style home, offers neutral decor, good size living room, updated kitchen, dining area, and basement for extra living and/ or storage space . .. . Home sold as is. ..
-
2016-09-22$22,000 Active
Show marketing remark (251 chars)
Truly a MUST SEE!!! Great tree Lined street takes you to this lovely 4 bedrm colonial style home, offers neutral decor, good size living room, updated kitchen, dining area, and basement for extra living and/ or storage space . .. . Home sold as is. ..
-
2016-09-17historical
-
2016-09-16historical
-
2016-06-03status Active
-
2016-05-31historical
-
2016-05-13status Active
-
2016-05-11historical
-
2016-04-16$27,500 Active
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2016-03-16$27,500 Active
-
2016-02-28historical
-
2016-02-27historical
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2016-01-17status Active
-
2015-12-23historical
-
2015-12-10price $27,500
-
2015-08-27$30,000 Active
-
2015-08-27$27,500
-
2012-10-19soldstatus $15,000
-
2012-10-19soldstatus $15,000
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2012-09-28historical
-
2012-09-28historical
-
2012-09-06$18,100
-
2012-09-06$18,100
-
2010-03-03historical
-
2009-04-03$37,500
-
2006-12-14historical
-
2006-10-05$103,900
-
2005-04-21soldstatus $125,000
-
2004-12-23soldstatus $57,000
-
2004-12-03soldstatus $125,000
-
2004-11-01$128,500
-
2004-10-06historical
-
2004-09-10$60,000
-
2004-07-25historical
-
2004-01-25$105,000
ⓘ 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
- $3,652 · $304/mo
- Projected year-2 tax
- $3,652 · $304/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
- $17,202
- − Mortgage interest
- −$4,201
- − Property taxes
- −$3,652
- − Insurance
- −$375
- − Repairs & maintenance
- −$1,376
- − Management
- −$1,376
- − Depreciation
- −$2,182
- Taxable income
- $4,039
- Est. tax owed @ 24.0%
- −$969
- After-tax cash flow
- $3,873/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
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Detroit, MI
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%
Not yet ingested
- Political lean
- —
- Race & ethnicity
- —
- Common origin
- —
- Civics
- —
Market trends
- HPI YoY
- —
- Current HPI
- —
- Rent YoY
- —
- Metro
- —
- 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
-28.6% since first listed51 events — show timeline
- 2026-06-10 Sold (MLS) $75,000 REALCOMP
- 2026-06-10 Sold (MLS) $75,000 MiRealSource-MiMLS
- 2026-05-23 Pending — MiRealSource-MiMLS
- 2026-05-23 Pending — REALCOMP
- 2026-04-24 Listed $75,000 REALCOMP
- 2026-04-24 Listed $75,000 MiRealSource-MiMLS
- 2018-10-15 Sold (Public Records) $58,700 Public Records
- 2017-03-30 Sold (Public Records) $25,000 Public Records
- 2017-03-03 Sold (MLS) $25,000 MiRealSource-MiMLS
- 2017-03-03 Sold (MLS) $25,000 REALCOMP
- 2017-02-15 Pending — MiRealSource-MiMLS
- 2017-02-15 Pending — REALCOMP
- 2017-01-06 Price Changed $17,000 MiRealSource-MiMLS
- 2017-01-05 Price Changed $17,000 REALCOMP
- 2016-10-21 Price Changed $19,000 MiRealSource-MiMLS
- 2016-10-21 Price Changed $19,000 REALCOMP
- 2016-09-22 Listed $22,000 MiRealSource-MiMLS
- 2016-09-22 Listed $22,000 REALCOMP
- 2016-09-17 Listing Removed — REALCOMP
- 2016-09-16 Listing Removed — MiRealSource-MiMLS
- 2016-06-03 Relisted — REALCOMP
- 2016-05-31 Listing Removed — REALCOMP
- 2016-05-13 Relisted — REALCOMP
- 2016-05-11 Listing Removed — REALCOMP
- 2016-04-16 Listed $27,500 MiRealSource-MiMLS
- 2016-03-16 Listed $27,500 REALCOMP
- 2016-02-28 Listing Removed — REALCOMP
- 2016-02-27 Listing Removed — MiRealSource-MiMLS
- 2016-01-17 Relisted — REALCOMP
- 2015-12-23 Listing Removed — REALCOMP
- 2015-12-10 Price Changed $27,500 REALCOMP
- 2015-08-27 Listed $30,000 REALCOMP
- 2015-08-27 Listed $27,500 MiRealSource-MiMLS
- 2012-10-19 Sold (MLS) $15,000 REALCOMP
- 2012-10-19 Sold (MLS) $15,000 MiRealSource-MiMLS
- 2012-09-28 Listing Removed — REALCOMP
- 2012-09-28 Listing Removed — MiRealSource-MiMLS
- 2012-09-06 Listed $18,100 REALCOMP
- 2012-09-06 Listed $18,100 MiRealSource-MiMLS
- 2010-03-03 Listing Removed — REALCOMP
- 2009-04-03 Listed $37,500 REALCOMP
- 2006-12-14 Listing Removed — REALCOMP
- 2006-10-05 Listed $103,900 REALCOMP
- 2005-04-21 Sold (Public Records) $125,000 Public Records
- 2004-12-23 Sold (Public Records) $57,000 Public Records
- 2004-12-03 Sold (MLS) $125,000 REALCOMP
- 2004-11-01 Listed $128,500 REALCOMP
- 2004-10-06 Listing Removed — REALCOMP
- 2004-09-10 Listed $60,000 REALCOMP
- 2004-07-25 Listing Removed — REALCOMP
- 2004-01-25 Listed $105,000 REALCOMP
Property tax history
+9.3%/yrLatest (2025): $3,652 · +98.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…