2627 Webb St · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
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 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 6 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
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +3.8/15.0
- Rent growth +3.8/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$139,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
SUBJECT TO RELEASE OF FIRST OFFER. Investor Special – Duplex Opportunity in Detroit's North End! Spacious brick two-family home offering over 2,600 sq. ft. of living space with tons of character and potential. Each unit features 2 bedrooms, 1 bath, generous room sizes, and charming historic details including original wood floors, crown molding, and decorative wainscoting. Upper and lower kitchens feature classic white cabinetry and freestanding appliances. The property also includes a full unfinished basement, covered front porch, and balcony. Located just north of Chicago Blvd. and west of Linwood, this property sits in a neighborhood showing strong revitalization with easy access to major freeways, schools, and downtown Detroit. Ideal for investors or owner-occupants looking to restore and generate income. Separate utilities. Being sold as-is. BATVAI. IDRBNG.
Key facts
- Original wood floors
- Historic details
- Crown molding
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.5-bath townhouse listed at $139k.
Deal economics
- At list price, monthly cash flow is $690 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $139k).
- Recommended offer: $122k (12.0% below list) — sets the bar for market timing.
- Cap rate 12.3% vs local median 10.1% 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: Rents rising fast (+5.2%/yr); 273 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
- At $2,223/mo this rent would consume 59% of the median local household income ($45k/yr) (locally 646% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $961 of loan paydown is wiped out by about $4k 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 + 5.2% rent growth), your $39k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 249 days — a 12% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 16y ago; this cycle's ask is 17% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Risks & watch-outs
- Watch-outs: built in 1924 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 249 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1924 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 1.60% ✓
- Cap rate
- 12.25%
- Cash-on-cash
- 21.28%
- DSCR
- 1.95
- GRM
- 5.2
CMA / ARV
- ARV (median comp)
- $128,520
- List price
- $139,000
- Delta
- 8.15%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 5.2% rent growth · sell at horizon
- IRR
- 16.5%
- Equity multiple
- 1.68×
- Total profit
- $26,562
- Equity at exit
- $20,725
- IRR
- 26.7%
- Equity multiple
- 3.61×
- Total profit
- $101,720
- Equity at exit
- $12,018
Cash invested: $38,920 (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 48206
- Rents YoY
- 5.2%
- Active inventory
- 273
- Price-to-rent
- 5.2×
Monthly cashflow live
- Estimated rent
- $2,223 high interval (Pro) →
- Mortgage (P&I)
- −$729
- Tax from tax record
- −$279 /mo · $3,351/yr
- Insurance
- −$58
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$467
- Net cashflow
- $690
Break-even live
Sensitivity live
| Price | -10% $769 | -5% $730 | +0% $690 | +5% $651 | +10% $612 |
|---|---|---|---|---|---|
| Rent | -10% $515 | -5% $602 | +0% $690 | +5% $778 | +10% $866 |
| Rate | -1.0pp $760 | -0.5pp $726 | base $690 | +0.5pp $654 | +1.0pp $618 |
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
- $34,750
- Closing costs
- $4,170
- 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 21 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2655 Collingwood St Detroit, MI | 4.0 | 1.5 | 1881 | $2,700 | $1.44 | 2d | 1 | 0.15mi |
| 2286 Calvert St Detroit, MI | 4.0 | 1.0 | 3402 | $1,450 | $0.43 | 16d | 1 | 0.32mi |
| 3241 Lawrence St Detroit, MI | 4.0 | 2.0 | 2636 | $1,800 | $0.68 | 17d | 1 | 0.35mi |
| 2986 Richton St Detroit, MI | 3.0 | 1.0 | 2600 | $1,200 | $0.46 | 17d | 1 | 0.39mi |
| 1699 Glynn Ct Detroit, MI | 5.0 | 3.5 | 2542 | $2,500 | $0.98 | 23d | 1 | 0.66mi |
| 8951 La Salle Blvd Detroit, MI | 5.0 | 2.5 | 2440 | $2,500 | $1.02 | 16d | 1 | 0.79mi |
| 8951 La Salle Blvd Detroit, MI | 4.0 | 2.5 | 2440 | $2,500 | $1.02 | 2d | 1 | 0.79mi |
| 8951 La Salle Blvd Unit NA Detroit, MI | 4.0 | 2.5 | 2440 | $2,500 | $1.02 | 11d | 1 | 0.79mi |
| 3747 Tyler St Detroit, MI | 3.0 | 1.0 | 2600 | $1,700 | $0.65 | 25d | 1 | 0.91mi |
| 2509 Gladstone St Unit 1 Detroit, MI | 3.0 | 2.0 | 3000 | $2,650 | $0.88 | 2d | 1 | 0.91mi |
| 2080 Gladstone St #1 Detroit, MI | 4.0 | 2.0 | 2426 | $3,000 | $1.24 | 2d | 1 | 0.94mi |
| 2028 Gladstone St Unit 1 Detroit, MI | 5.0 | 2.0 | 2500 | $2,850 | $1.14 | 4d | 1 | 0.96mi |
| 12546 Broadstreet Ave Detroit, MI | 3.0 | 1.5 | 1899 | $1,250 | $0.66 | 45d | 1 | 1.05mi |
| 4341 Glendale St Detroit, MI | 4.0 | 2.5 | 1832 | $1,680 | $0.92 | 6d | 1 | 1.07mi |
| 3799 W Philadelphia St Detroit, MI | 5.0 | 2.0 | 2200 | $1,650 | $0.75 | 17d | 1 | 1.26mi |
| 13225 Santa Rosa Dr Detroit, MI | 5.0 | 2.0 | 2100 | $1,700 | $0.81 | 6d | 1 | 1.40mi |
| 1418 W Euclid St Detroit, MI | 3.0 | 1.0 | 2264 | $1,200 | $0.53 | 44d | 1 | 1.41mi |
| 1441 W Euclid St Detroit, MI | 3.0 | 1.0 | 2380 | $2,600 | $1.09 | 25d | 1 | 1.43mi |
| 634 Atkinson St Detroit, MI | 3.0 | 3.5 | 3000 | $6,500 | $2.17 | 11d | 1 | 1.48mi |
| 41 Richton St Highland Park, MI | 5.0 | 2.0 | 1871 | $1,800 | $0.96 | 16d | 1 | 1.49mi |
| 41 Richton St Highland Park, MI | 5.0 | 2.0 | 1871 | $1,800 | $0.96 | 3d | 1 | 1.49mi |
Listing history 31 events
-
2026-06-21days on market $139,000 Active 249 DOM
-
2026-06-18days on market $139,000 Active 246 DOM
-
2026-06-17days on market $139,000 Active 245 DOM
-
2026-06-15days on market $139,000 Active 243 DOM
-
2026-06-13days on market $139,000 Active 241 DOM
-
2026-06-13days on market $139,000 Active 240 DOM
-
2026-06-09days on market $139,000 Active 237 DOM
-
2026-06-08days on market $139,000 Active 236 DOM
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2026-06-07days on market $139,000 Active 235 DOM
-
2026-06-04days on market $139,000 Active 232 DOM
-
2026-06-03days on market $139,000 Active 231 DOM
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2026-06-01days on market $139,000 Active 229 DOM
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2026-05-31days on market $139,000 Active 228 DOM
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2026-05-05price $139,000 892-char remark
Show marketing remark (885 chars)
SUBJECT TO RELEASE OF FIRST OFFER. Investor Special – Duplex Opportunity in Detroit’s North End! Spacious brick two-family home offering over 2,600 sq. ft. of living space with tons of character and potential. Each unit features 2 bedrooms, 1 bath, generous room sizes, and charming historic details including original wood floors, crown molding, and decorative wainscoting. Upper and lower kitchens feature classic white cabinetry and freestanding appliances. The property also includes a full unfinished basement, covered front porch, and balcony. Located just north of Chicago Blvd. and west of Linwood, this property sits in a neighborhood showing strong revitalization with easy access to major freeways, schools, and downtown Detroit. Ideal for investors or owner-occupants looking to restore and generate income. Separate utilities. Being sold as-is. BATVAI. IDRBNG.
-
2026-05-05status Active 892-char remark
Show marketing remark (885 chars)
SUBJECT TO RELEASE OF FIRST OFFER. Investor Special – Duplex Opportunity in Detroit’s North End! Spacious brick two-family home offering over 2,600 sq. ft. of living space with tons of character and potential. Each unit features 2 bedrooms, 1 bath, generous room sizes, and charming historic details including original wood floors, crown molding, and decorative wainscoting. Upper and lower kitchens feature classic white cabinetry and freestanding appliances. The property also includes a full unfinished basement, covered front porch, and balcony. Located just north of Chicago Blvd. and west of Linwood, this property sits in a neighborhood showing strong revitalization with easy access to major freeways, schools, and downtown Detroit. Ideal for investors or owner-occupants looking to restore and generate income. Separate utilities. Being sold as-is. BATVAI. IDRBNG.
-
2026-05-05status Active 885-char remark
Show marketing remark (885 chars)
SUBJECT TO RELEASE OF FIRST OFFER. Investor Special – Duplex Opportunity in Detroit’s North End! Spacious brick two-family home offering over 2,600 sq. ft. of living space with tons of character and potential. Each unit features 2 bedrooms, 1 bath, generous room sizes, and charming historic details including original wood floors, crown molding, and decorative wainscoting. Upper and lower kitchens feature classic white cabinetry and freestanding appliances. The property also includes a full unfinished basement, covered front porch, and balcony. Located just north of Chicago Blvd. and west of Linwood, this property sits in a neighborhood showing strong revitalization with easy access to major freeways, schools, and downtown Detroit. Ideal for investors or owner-occupants looking to restore and generate income. Separate utilities. Being sold as-is. BATVAI. IDRBNG.
-
2026-05-05price $139,000 885-char remark
Show marketing remark (885 chars)
SUBJECT TO RELEASE OF FIRST OFFER. Investor Special – Duplex Opportunity in Detroit’s North End! Spacious brick two-family home offering over 2,600 sq. ft. of living space with tons of character and potential. Each unit features 2 bedrooms, 1 bath, generous room sizes, and charming historic details including original wood floors, crown molding, and decorative wainscoting. Upper and lower kitchens feature classic white cabinetry and freestanding appliances. The property also includes a full unfinished basement, covered front porch, and balcony. Located just north of Chicago Blvd. and west of Linwood, this property sits in a neighborhood showing strong revitalization with easy access to major freeways, schools, and downtown Detroit. Ideal for investors or owner-occupants looking to restore and generate income. Separate utilities. Being sold as-is. BATVAI. IDRBNG.
-
2025-12-09historical Accepting Backup Offers 892-char remark
Show marketing remark (885 chars)
SUBJECT TO RELEASE OF FIRST OFFER. Investor Special – Duplex Opportunity in Detroit’s North End! Spacious brick two-family home offering over 2,600 sq. ft. of living space with tons of character and potential. Each unit features 2 bedrooms, 1 bath, generous room sizes, and charming historic details including original wood floors, crown molding, and decorative wainscoting. Upper and lower kitchens feature classic white cabinetry and freestanding appliances. The property also includes a full unfinished basement, covered front porch, and balcony. Located just north of Chicago Blvd. and west of Linwood, this property sits in a neighborhood showing strong revitalization with easy access to major freeways, schools, and downtown Detroit. Ideal for investors or owner-occupants looking to restore and generate income. Separate utilities. Being sold as-is. BATVAI. IDRBNG.
-
2025-12-09historical Active Under Contract 885-char remark
Show marketing remark (885 chars)
SUBJECT TO RELEASE OF FIRST OFFER. Investor Special – Duplex Opportunity in Detroit’s North End! Spacious brick two-family home offering over 2,600 sq. ft. of living space with tons of character and potential. Each unit features 2 bedrooms, 1 bath, generous room sizes, and charming historic details including original wood floors, crown molding, and decorative wainscoting. Upper and lower kitchens feature classic white cabinetry and freestanding appliances. The property also includes a full unfinished basement, covered front porch, and balcony. Located just north of Chicago Blvd. and west of Linwood, this property sits in a neighborhood showing strong revitalization with easy access to major freeways, schools, and downtown Detroit. Ideal for investors or owner-occupants looking to restore and generate income. Separate utilities. Being sold as-is. BATVAI. IDRBNG.
-
2025-11-25status Active 892-char remark
Show marketing remark (885 chars)
SUBJECT TO RELEASE OF FIRST OFFER. Investor Special – Duplex Opportunity in Detroit’s North End! Spacious brick two-family home offering over 2,600 sq. ft. of living space with tons of character and potential. Each unit features 2 bedrooms, 1 bath, generous room sizes, and charming historic details including original wood floors, crown molding, and decorative wainscoting. Upper and lower kitchens feature classic white cabinetry and freestanding appliances. The property also includes a full unfinished basement, covered front porch, and balcony. Located just north of Chicago Blvd. and west of Linwood, this property sits in a neighborhood showing strong revitalization with easy access to major freeways, schools, and downtown Detroit. Ideal for investors or owner-occupants looking to restore and generate income. Separate utilities. Being sold as-is. BATVAI. IDRBNG.
-
2025-11-25status Active 885-char remark
Show marketing remark (885 chars)
SUBJECT TO RELEASE OF FIRST OFFER. Investor Special – Duplex Opportunity in Detroit’s North End! Spacious brick two-family home offering over 2,600 sq. ft. of living space with tons of character and potential. Each unit features 2 bedrooms, 1 bath, generous room sizes, and charming historic details including original wood floors, crown molding, and decorative wainscoting. Upper and lower kitchens feature classic white cabinetry and freestanding appliances. The property also includes a full unfinished basement, covered front porch, and balcony. Located just north of Chicago Blvd. and west of Linwood, this property sits in a neighborhood showing strong revitalization with easy access to major freeways, schools, and downtown Detroit. Ideal for investors or owner-occupants looking to restore and generate income. Separate utilities. Being sold as-is. BATVAI. IDRBNG.
-
2025-11-05historical Accepting Backup Offers 892-char remark
Show marketing remark (885 chars)
SUBJECT TO RELEASE OF FIRST OFFER. Investor Special – Duplex Opportunity in Detroit’s North End! Spacious brick two-family home offering over 2,600 sq. ft. of living space with tons of character and potential. Each unit features 2 bedrooms, 1 bath, generous room sizes, and charming historic details including original wood floors, crown molding, and decorative wainscoting. Upper and lower kitchens feature classic white cabinetry and freestanding appliances. The property also includes a full unfinished basement, covered front porch, and balcony. Located just north of Chicago Blvd. and west of Linwood, this property sits in a neighborhood showing strong revitalization with easy access to major freeways, schools, and downtown Detroit. Ideal for investors or owner-occupants looking to restore and generate income. Separate utilities. Being sold as-is. BATVAI. IDRBNG.
-
2025-11-05historical Active Under Contract 885-char remark
Show marketing remark (885 chars)
SUBJECT TO RELEASE OF FIRST OFFER. Investor Special – Duplex Opportunity in Detroit’s North End! Spacious brick two-family home offering over 2,600 sq. ft. of living space with tons of character and potential. Each unit features 2 bedrooms, 1 bath, generous room sizes, and charming historic details including original wood floors, crown molding, and decorative wainscoting. Upper and lower kitchens feature classic white cabinetry and freestanding appliances. The property also includes a full unfinished basement, covered front porch, and balcony. Located just north of Chicago Blvd. and west of Linwood, this property sits in a neighborhood showing strong revitalization with easy access to major freeways, schools, and downtown Detroit. Ideal for investors or owner-occupants looking to restore and generate income. Separate utilities. Being sold as-is. BATVAI. IDRBNG.
-
2025-10-13$119,000 Active 892-char remark
Show marketing remark (885 chars)
SUBJECT TO RELEASE OF FIRST OFFER. Investor Special – Duplex Opportunity in Detroit’s North End! Spacious brick two-family home offering over 2,600 sq. ft. of living space with tons of character and potential. Each unit features 2 bedrooms, 1 bath, generous room sizes, and charming historic details including original wood floors, crown molding, and decorative wainscoting. Upper and lower kitchens feature classic white cabinetry and freestanding appliances. The property also includes a full unfinished basement, covered front porch, and balcony. Located just north of Chicago Blvd. and west of Linwood, this property sits in a neighborhood showing strong revitalization with easy access to major freeways, schools, and downtown Detroit. Ideal for investors or owner-occupants looking to restore and generate income. Separate utilities. Being sold as-is. BATVAI. IDRBNG.
-
2025-10-13$119,000 Active 885-char remark
Show marketing remark (885 chars)
SUBJECT TO RELEASE OF FIRST OFFER. Investor Special – Duplex Opportunity in Detroit’s North End! Spacious brick two-family home offering over 2,600 sq. ft. of living space with tons of character and potential. Each unit features 2 bedrooms, 1 bath, generous room sizes, and charming historic details including original wood floors, crown molding, and decorative wainscoting. Upper and lower kitchens feature classic white cabinetry and freestanding appliances. The property also includes a full unfinished basement, covered front porch, and balcony. Located just north of Chicago Blvd. and west of Linwood, this property sits in a neighborhood showing strong revitalization with easy access to major freeways, schools, and downtown Detroit. Ideal for investors or owner-occupants looking to restore and generate income. Separate utilities. Being sold as-is. BATVAI. IDRBNG.
-
2024-02-29soldstatus $139,000
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2018-07-18soldstatus $65,000
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2018-07-11soldstatus $147,000
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2010-06-02soldstatus $6,300
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2010-05-04historical
-
2010-04-12$6,360
ⓘ 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
- $3,351 · $279/mo
- Projected year-2 tax
- $3,351 · $279/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 ≥97°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 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
- $26,678
- − Mortgage interest
- −$7,786
- − Property taxes
- −$3,351
- − Insurance
- −$695
- − Repairs & maintenance
- −$2,134
- − Management
- −$2,134
- − Depreciation
- −$4,044
- Taxable income
- $6,534
- Est. tax owed @ 24.0%
- −$1,568
- After-tax cash flow
- $6,714/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
- County
- Wayne County · 1,562,939 people
- City population
- 572,865
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 15,227
- Household income
- $45,046
- Rent vs Own
- Severe rent burden
- 646.0
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 (81%)
- Race & ethnicity
- Black 81% White 12% Two or more races 5% Hispanic / Latino 3%
- Common ancestry
- Iranian 3% Romanian 1% Slovak 1%
- Foreign-born
- 4% · Canada
- Languages at home
- 94% English-only · Spanish 4% Other Indo-European 1%
Political lean MEDSL · Wayne
- 2024 margin
- Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
- 2008→2024 swing
- -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
- All cycles
- 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -139.60%
- Current HPI
- 130.9545
- Rent YoY
- ▲ 5.20%
- 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
+2085.5% since first listed18 events — show timeline
- 2026-05-05 Price Changed $139,000 MiRealSource-MiMLS
- 2026-05-05 Relisted — MiRealSource-MiMLS
- 2026-05-05 Relisted — REALCOMP
- 2026-05-05 Price Changed $139,000 REALCOMP
- 2025-12-09 Contingent — MiRealSource-MiMLS
- 2025-12-09 Contingent — REALCOMP
- 2025-11-25 Relisted — MiRealSource-MiMLS
- 2025-11-25 Relisted — REALCOMP
- 2025-11-05 Contingent — MiRealSource-MiMLS
- 2025-11-05 Contingent — REALCOMP
- 2025-10-13 Listed $119,000 REALCOMP
- 2025-10-13 Listed $119,000 MiRealSource-MiMLS
- 2024-02-29 Sold (Public Records) $139,000 Public Records
- 2018-07-18 Sold (Public Records) $65,000 Public Records
- 2018-07-11 Sold (Public Records) $147,000 Public Records
- 2010-06-02 Sold (MLS) $6,300 MiRealSource-MiMLS
- 2010-05-04 Listing Removed — MiRealSource-MiMLS
- 2010-04-12 Listed $6,360 MiRealSource-MiMLS
Property tax history
+11.3%/yrLatest (2025): $3,351 · +104.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…