39887 Village Wood Ln · Novi, 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 97°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
- 4 days/yr
Risk factors via First Street. Map © Google.
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 +10.9/30.0
- ARV discount +7.5/15.0
- Schools +6.5/10.0
- 1% rule +5.0/10.0
- Livability +4.3/5.0
- DSCR +3.2/10.0
- Rent growth +2.9/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$174,500
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this affordable, updated, move-in ready, 2-bedroom condo. This turnkey property offers a seamless transition into a community in the City of Novi, known for its excellent, award-winning schools and friendly, lively atmosphere. Brand-new plush carpeting and fresh professional painting throughout the entire home. Large windows in the living room and both bedrooms flood the space with light. From the fresh finishes to the functional layout, it's the perfect blend of quality and affordability, providing worry-free living in a prime location. The private entrance area includes your own, quiet and secluded garden patio. This outdoor space is perfect for morning coffee, weekend gardening, and a cozy, peaceful space to read and relax. Living in the Lakewoode Parkhomes community gives you proprietary access to premium lifestyle features just steps from your door: a friendly clubhouse meeting space, a sparkling in-ground pool, the community park, offering scenic walking paths, ponds, and open space for recreation. This community is just minutes from major highways, freeways, and Detroit Metropolitan Airport (28 -30 minutes). Great shopping (and movies!) at both Laurel Park and Twelve Oaks malls. About an 8-minute drive into the quaint and beautiful downtown area of Northville. If you feel like golfing, cycling, or fishing, you can do that at one of the area's many golf courses and public parks. Other features: One assigned space for your car, as well as a number of spaces in the same area that are often available for your use. Storage area off your front patio. Brand new electrical panel;
Key facts
- $350 HOA
- Community pool
- Built 1977
Property features AI
Finance
- Other: Pets allowed
- HOA & community: Homeowners association with monthly fee of $350; HOA covers water, trash, snow removal, grounds and structure maintenance
Exterior
- Parking: No garage
- Utilities: Public water; Public sewer; Cable available
- Home design: Condominium; Residential property; One level; Ground-level entry
- Construction: Brick and vinyl siding exterior; Brick/mortar foundation; Built with above-grade finished living area
- Exterior features: Private entrance; Outdoor lighting; Tennis court(s) (community); Patio; Porch; Community pool; Clubhouse
Interior
- Kitchen: Dishwasher; Disposal
- Bathrooms: 1 full bathroom
- Heating & cooling: Central air; Ceiling fan(s); Forced air heating; Natural gas heating
- Interior features: Dishwasher; Disposal; Gas water heater; Crawl space
- Laundry & utility: Dryer
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath condo listed at $174k.
Deal economics
- At list price, monthly cash flow is $-77 ($-925/yr) — negative.
- To cash-flow at today's rent, offer at most $161k (7.8% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $174k (0.5% below list).
- Recommended offer: $161k (7.8% below list) — sets the bar for cash-flow.
- Cap rate 5.8% vs local median 2.7% in Novi — 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 86/100 on livability (#20 in MI, #377 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, housing A+; Watch: commute F.
- Novi Community School District (urban): math 73% / reading 72% proficiency, ranked #7 of 540 in MI (top 1%) — strong family-tenant draw, lease renewals of 3-5y typical; only 7% free/reduced lunch — higher-income household profile.
- Zoned schools: Village Oaks Elementary School (math 72% / reading 62%, grade B+, #105 of 1,397 statewide, top 9%, 538 students, 19% FRL); Novi High School (math 75% / reading 83%, grade A-, #8 of 713 statewide, top 1%, 2,101 students, 11% FRL).
- Market conditions: Rents rising (+1.7%/yr); 143 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
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.
- Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 39 days — a 3% lower offer ($169k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 11y 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 $925; list at $174k implies a 18765% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: HOA is 20% of rent.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 39 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
- Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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?
- 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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.00% ✗
- Cap rate
- 5.76%
- Cash-on-cash
- -1.89%
- DSCR
- 0.92
- GRM
- 8.4
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 1.68% rent growth · sell at horizon
- IRR
- -21.1%
- Equity multiple
- 0.28×
- Total profit
- $-35,287
- Equity at exit
- $26,019
- IRR
- -18.4%
- Equity multiple
- 0.07×
- Total profit
- $-45,432
- Equity at exit
- $15,088
Cash invested: $48,860 (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 48375
- Rents YoY
- 1.7%
- Active inventory
- 143
- Price-to-rent
- 8.4×
Monthly cashflow live
- Estimated rent
- $1,737 high interval (Pro) →
- Mortgage (P&I)
- −$915
- Tax from tax record
- −$111 /mo · $1,335/yr
- Insurance
- −$73
- HOA
- −$350
- Vacancy / Maint / Mgmt
- −$365
- Net cashflow
- $-77
Break-even live
Sensitivity live
| Price | -10% $22 | -5% $-28 | +0% $-77 | +5% $-126 | +10% $-176 |
|---|---|---|---|---|---|
| Rent | -10% $-214 | -5% $-146 | +0% $-77 | +5% $-8 | +10% $60 |
| Rate | -1.0pp $11 | -0.5pp $-33 | base $-77 | +0.5pp $-122 | +1.0pp $-168 |
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
- $43,625
- Closing costs
- $5,235
- 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 7 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 22659 Woolsey Dr Unit 22659 Novi, MI | 3.0 | 1.0 | 1025 | $1,850 | $1.80 | 19d | 1 | 0.24mi |
| 23672 N Rockledge Novi, MI | 2.0 | 1.0 | 970 | $1,695 | $1.75 | 14d | 1 | 0.27mi |
| 23737 Stonehenge Blvd Novi, MI | 2.0 | 1.0 | 936 | $1,900 | $2.03 | 19d | 1 | 0.36mi |
| 24651 Olde Orchard St Novi, MI | 2.0 | 2.5 | 1096 | $1,795 | $1.64 | 6d | 1 | 0.75mi |
| 23640 Chipmunk Trl Novi, MI | 1.0–3.0 | 1.0–1.5 | 876 | $1,589 | $1.81 | 1d | 4 | 1.26mi |
| 23140 Halsted Rd Farmington Hills, MI | 1.0–2.0 | 1.0–2.0 | 1090 | $1,906 | $1.75 | 3d | 1 | 1.28mi |
| 24360 Independence Dr Farmington Hills, MI | 1.0–3.0 | 1.0–2.0 | 967 | $1,682 | $1.74 | 0d | 118 | 1.49mi |
HOA detail condo
- Monthly dues
- $350 · $4,200/yr
- Likely covers
- electricpool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 25 events
-
2026-06-21days on market $174,500 Active 39 DOM
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2026-06-18days on market $174,500 Active 36 DOM
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2026-06-17days on market $174,500 Active 35 DOM
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2026-06-16days on market $174,500 Active 34 DOM
-
2026-06-15days on market $174,500 Active 33 DOM
-
2026-06-13days on market $174,500 Active 31 DOM
-
2026-06-13days on market $174,500 Active 30 DOM
-
2026-06-09days on market $174,500 Active 27 DOM
-
2026-06-08days on market $174,500 Active 26 DOM
-
2026-06-07days on market $174,500 Active 25 DOM
-
2026-06-04days on market $174,500 Active 22 DOM
-
2026-06-03days on market $174,500 Active 21 DOM
-
2026-06-02days on market $174,500 Active 20 DOM
-
2026-06-01days on market $174,500 Active 19 DOM
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2026-05-31days on market $174,500 Active 18 DOM
-
2026-05-14$174,500 Active 1616-char remark
Show marketing remark (1616 chars)
Welcome to this affordable, updated, move-in ready, 2-bedroom condo. This turnkey property offers a seamless transition into a community in the City of Novi, known for its excellent, award-winning schools and friendly, lively atmosphere. Brand-new plush carpeting and fresh professional painting throughout the entire home. Large windows in the living room and both bedrooms flood the space with light. From the fresh finishes to the functional layout, it's the perfect blend of quality and affordability, providing worry-free living in a prime location. The private entrance area includes your own, quiet and secluded garden patio. This outdoor space is perfect for morning coffee, weekend gardening, and a cozy, peaceful space to read and relax. Living in the Lakewoode Parkhomes community gives you proprietary access to premium lifestyle features just steps from your door: a friendly clubhouse meeting space, a sparkling in-ground pool, the community park, offering scenic walking paths, ponds, and open space for recreation. This community is just minutes from major highways, freeways, and Detroit Metropolitan Airport (28 -30 minutes). Great shopping (and movies!) at both Laurel Park and Twelve Oaks malls. About an 8-minute drive into the quaint and beautiful downtown area of Northville. If you feel like golfing, cycling, or fishing, you can do that at one of the area's many golf courses and public parks. Other features: One assigned space for your car, as well as a number of spaces in the same area that are often available for your use. Storage area off your front patio. Brand new electrical panel;
-
2026-05-14$174,500 Active
Show marketing remark (1616 chars)
Welcome to this affordable, updated, move-in ready, 2-bedroom condo. This turnkey property offers a seamless transition into a community in the City of Novi, known for its excellent, award-winning schools and friendly, lively atmosphere. Brand-new plush carpeting and fresh professional painting throughout the entire home. Large windows in the living room and both bedrooms flood the space with light. From the fresh finishes to the functional layout, it's the perfect blend of quality and affordability, providing worry-free living in a prime location. The private entrance area includes your own, quiet and secluded garden patio. This outdoor space is perfect for morning coffee, weekend gardening, and a cozy, peaceful space to read and relax. Living in the Lakewoode Parkhomes community gives you proprietary access to premium lifestyle features just steps from your door: a friendly clubhouse meeting space, a sparkling in-ground pool, the community park, offering scenic walking paths, ponds, and open space for recreation. This community is just minutes from major highways, freeways, and Detroit Metropolitan Airport (28 -30 minutes). Great shopping (and movies!) at both Laurel Park and Twelve Oaks malls. About an 8-minute drive into the quaint and beautiful downtown area of Northville. If you feel like golfing, cycling, or fishing, you can do that at one of the area's many golf courses and public parks. Other features: One assigned space for your car, as well as a number of spaces in the same area that are often available for your use. Storage area off your front patio. Brand new electrical panel;
-
2026-05-12price $174,500 1616-char remark
Show marketing remark (1616 chars)
Welcome to this affordable, updated, move-in ready, 2-bedroom condo. This turnkey property offers a seamless transition into a community in the City of Novi, known for its excellent, award-winning schools and friendly, lively atmosphere. Brand-new plush carpeting and fresh professional painting throughout the entire home. Large windows in the living room and both bedrooms flood the space with light. From the fresh finishes to the functional layout, it's the perfect blend of quality and affordability, providing worry-free living in a prime location. The private entrance area includes your own, quiet and secluded garden patio. This outdoor space is perfect for morning coffee, weekend gardening, and a cozy, peaceful space to read and relax. Living in the Lakewoode Parkhomes community gives you proprietary access to premium lifestyle features just steps from your door: a friendly clubhouse meeting space, a sparkling in-ground pool, the community park, offering scenic walking paths, ponds, and open space for recreation. This community is just minutes from major highways, freeways, and Detroit Metropolitan Airport (28 -30 minutes). Great shopping (and movies!) at both Laurel Park and Twelve Oaks malls. About an 8-minute drive into the quaint and beautiful downtown area of Northville. If you feel like golfing, cycling, or fishing, you can do that at one of the area's many golf courses and public parks. Other features: One assigned space for your car, as well as a number of spaces in the same area that are often available for your use. Storage area off your front patio. Brand new electrical panel;
-
2026-05-11price $174,500
Show marketing remark (1616 chars)
Welcome to this affordable, updated, move-in ready, 2-bedroom condo. This turnkey property offers a seamless transition into a community in the City of Novi, known for its excellent, award-winning schools and friendly, lively atmosphere. Brand-new plush carpeting and fresh professional painting throughout the entire home. Large windows in the living room and both bedrooms flood the space with light. From the fresh finishes to the functional layout, it's the perfect blend of quality and affordability, providing worry-free living in a prime location. The private entrance area includes your own, quiet and secluded garden patio. This outdoor space is perfect for morning coffee, weekend gardening, and a cozy, peaceful space to read and relax. Living in the Lakewoode Parkhomes community gives you proprietary access to premium lifestyle features just steps from your door: a friendly clubhouse meeting space, a sparkling in-ground pool, the community park, offering scenic walking paths, ponds, and open space for recreation. This community is just minutes from major highways, freeways, and Detroit Metropolitan Airport (28 -30 minutes). Great shopping (and movies!) at both Laurel Park and Twelve Oaks malls. About an 8-minute drive into the quaint and beautiful downtown area of Northville. If you feel like golfing, cycling, or fishing, you can do that at one of the area's many golf courses and public parks. Other features: One assigned space for your car, as well as a number of spaces in the same area that are often available for your use. Storage area off your front patio. Brand new electrical panel;
-
2026-05-11historical $168,500 1616-char remark
Show marketing remark (1616 chars)
Welcome to this affordable, updated, move-in ready, 2-bedroom condo. This turnkey property offers a seamless transition into a community in the City of Novi, known for its excellent, award-winning schools and friendly, lively atmosphere. Brand-new plush carpeting and fresh professional painting throughout the entire home. Large windows in the living room and both bedrooms flood the space with light. From the fresh finishes to the functional layout, it's the perfect blend of quality and affordability, providing worry-free living in a prime location. The private entrance area includes your own, quiet and secluded garden patio. This outdoor space is perfect for morning coffee, weekend gardening, and a cozy, peaceful space to read and relax. Living in the Lakewoode Parkhomes community gives you proprietary access to premium lifestyle features just steps from your door: a friendly clubhouse meeting space, a sparkling in-ground pool, the community park, offering scenic walking paths, ponds, and open space for recreation. This community is just minutes from major highways, freeways, and Detroit Metropolitan Airport (28 -30 minutes). Great shopping (and movies!) at both Laurel Park and Twelve Oaks malls. About an 8-minute drive into the quaint and beautiful downtown area of Northville. If you feel like golfing, cycling, or fishing, you can do that at one of the area's many golf courses and public parks. Other features: One assigned space for your car, as well as a number of spaces in the same area that are often available for your use. Storage area off your front patio. Brand new electrical panel;
-
2015-07-10soldstatus $925 334-char remark
Show marketing remark (334 chars)
EASY ACCESS LOCATION, ACROSS FROM PARK & POOL, PARK SEVERAL STEPS FROM FRONT DOOR. ONE BLOCK FROM LAKE. OPEN FRONT LAWN WITH ROOM FOR GARDEN. NEUTRAL CARPET, UPDATED KITCHEN & BATH. LIKE NEW INSIDE! COZY & SECURE. NON-SMOKING ONLY, NO PETS. 1.5 MONTH SECURITY DEP. , 200 CLEANING FEE, CREDIT REPORT, PROOF OF INCOME.
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2015-06-19historical 334-char remark
Show marketing remark (334 chars)
EASY ACCESS LOCATION, ACROSS FROM PARK & POOL, PARK SEVERAL STEPS FROM FRONT DOOR. ONE BLOCK FROM LAKE. OPEN FRONT LAWN WITH ROOM FOR GARDEN. NEUTRAL CARPET, UPDATED KITCHEN & BATH. LIKE NEW INSIDE! COZY & SECURE. NON-SMOKING ONLY, NO PETS. 1.5 MONTH SECURITY DEP. , 200 CLEANING FEE, CREDIT REPORT, PROOF OF INCOME.
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2015-06-08$975 334-char remark
Show marketing remark (334 chars)
EASY ACCESS LOCATION, ACROSS FROM PARK & POOL, PARK SEVERAL STEPS FROM FRONT DOOR. ONE BLOCK FROM LAKE. OPEN FRONT LAWN WITH ROOM FOR GARDEN. NEUTRAL CARPET, UPDATED KITCHEN & BATH. LIKE NEW INSIDE! COZY & SECURE. NON-SMOKING ONLY, NO PETS. 1.5 MONTH SECURITY DEP. , 200 CLEANING FEE, CREDIT REPORT, PROOF OF INCOME.
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1993-08-12soldstatus $63,000
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1989-03-01soldstatus $61,500
ⓘ 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
- $1,335 · $111/mo
- Projected year-2 tax
- $2,011 · $168/mo
- Expected delta
- +$676/yr (+$56/mo · 50.7%)
ⓘ 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 ≥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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,840
- − Mortgage interest
- −$9,775
- − Property taxes
- −$1,335
- − Insurance
- −$872
- − Repairs & maintenance
- −$1,667
- − Management
- −$1,667
- − HOA
- −$4,200
- − Depreciation
- −$5,076
- Taxable loss
- −$3,753
- Est. tax savings @ 24.0%
- +$901
- After-tax cash flow
- $-24/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
- Novi Community School District
- NCES district ID
- 2626130
- Math proficiency
- 73% ▼ -3.00%
- Reading proficiency
- 72% ▼ -1.00%
- Median HH income
- $90,023
- Composite
- 65.28/100
- National rank
- #489
- State rank
- #7 of 540 in MI
Livability — Novi
- Score
- 86/100
- State rank
- #20
- US rank
- #377
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Novi, MI
- County
- Oakland County · 1,009,092 people
- City population
- 43,845
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 24,029
- Household income
- $112,545
- Rent vs Own
- Severe rent burden
- 517.0
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
- Diverse neighborhood (Simpson 0.60)
- Race & ethnicity
- White 56% Asian 27% Two or more races 7% Black 6% Hispanic / Latino 5%
- Hispanic origin (detail)
- Mexican 4%
- Common ancestry
- Romanian 10% Lithuanian 3% Slovak 2%
- Foreign-born
- 29% · China, Canada, South Korea
- Languages at home
- 67% English-only · Other Asian/Pacific 12% Other Indo-European 8% Spanish 4%
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
- ▼ -337.82%
- Current HPI
- 166.0153
- Rent YoY
- ▲ 1.68%
- 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 |
|
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Price history
+183.7% since first listed10 events — show timeline
- 2026-05-14 Listed $174,500 MiRealSource-MiMLS
- 2026-05-14 Listed $174,500 REALCOMP
- 2026-05-12 Price Changed $174,500 MiRealSource-MiMLS
- 2026-05-11 Price Changed $174,500 REALCOMP
- 2026-05-11 Coming Soon $168,500 MiRealSource-MiMLS
- 2015-07-10 Sold (MLS) $925 MiRealSource-MiMLS
- 2015-06-19 Listing Removed — MiRealSource-MiMLS
- 2015-06-08 Listed $975 MiRealSource-MiMLS
- 1993-08-12 Sold (Public Records) $63,000 Public Records
- 1989-03-01 Sold (Public Records) $61,500 Public Records
Property tax history
+2.4%/yrLatest (2025): $1,335 · +3.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…