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23067 Hazelwood Ave
C Composite 59.28
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 +20.4/30.0
  • ARV discount +15.0/15.0
  • DSCR +6.5/10.0
  • 1% rule +6.2/10.0
  • Livability +4.0/5.0
  • Rent growth +3.2/5.0
  • Condition / age +2.5/5.0
  • Schools +1.4/10.0
  • Appreciation +0.0/10.0

$130,000

23067 Hazelwood Ave · Hazel Park, MI 48030
2 bd · 1.0 ba · 804 sqft · SingleFamily public records · 12 Days on market
Built 1924 4,356 sqft lot Est $171k · 24% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Adorable bungalow in north Hazel Park with a bright open floor plan, three bedrooms, two enclosed porches and lots of charm. Step inside through the enclosed front porch to a spacious living room with recessed lighting that flows right into the updated kitchen. The kitchen features granite countertops, stainless steel appliances, and ample cabinet space, opening into a bright back dining area with pendant lighting and direct access to the rear of the home. A dedicated main floor laundry room is conveniently tucked just off the dining area. A large bedroom and a full bath with a subway tile tub surround round out the first floor. Head upstairs to find two additional carpeted bedrooms with cozy sloped ceilings. Out back, a large enclosed porch with a wood-planked ceiling and walls of windows makes a wonderful bonus space, overlooking the fenced yard and oversized two-car detached garage. Welcome Home!

Key facts

  • 4,356 sq ft lot
  • 2 garage spots
  • Built 1924

Property features AI

Finance

  • Other: Property listed as residential single-family; Lot approximately 0.1 acre (40 x 110)

Exterior

  • Parking: Detached 2-car garage
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; One and one half stories; Ground-level entry with steps; Vinyl siding
  • Construction: Vinyl siding construction
  • Exterior features: Enclosed porch; Porch; Fenced yard; Paved road access

Interior

  • Kitchen: Free-standing gas oven; Microwave; Free-standing refrigerator; Dishwasher (listed among appliances)
  • Bedrooms: 6 total rooms (bedroom count not specified)
  • Bathrooms: 1 full bathroom
  • Interior features: Disposal; Electric water heater; Crawl space basement; Lighting (exterior lighting noted under exterior)
  • Laundry & utility: Washer; Dryer

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $130k.

Deal economics

  • At list price, monthly cash flow is $169 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $130k).
  • Cap rate 7.9% vs local median 6.3% in Hazel Park — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 81/100 on livability (#65 in MI, #1,385 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+.
  • Hazel Park School District (suburban): math 10% / reading 24% proficiency, ranked #490 of 540 in MI (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Hoover Elementary School (math 8% / reading 12%, grade F, #1,277 of 1,397 statewide, top 93%, 266 students, 81% FRL); Hazel Park Junior High School (math 11% / reading 30%, grade F, #418 of 493 statewide, top 85%, 430 students, 78% FRL); Hazel Park High School (math 12% / reading 27%, grade F, #622 of 713 statewide, top 88%, 587 students, 73% FRL).
  • Market conditions: Rents rising (+2.9%/yr); 140 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $899 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.

Negotiation context

  • Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
  • 21 sale attempts since 27y 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 $92k; 42% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1924 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $130,000

Questions for the listing agent

  1. Built in 1924 — 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 D-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. 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.
  5. 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.
  6. 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
1.12%
Cap rate
7.86%
Cash-on-cash
5.59%
DSCR
1.25
GRM
7.4

CMA / ARV

ARV (on-the-fly)
$171,252
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
23441 Hazelwood Ave 0.24mi 2/1.0 790 (-2%) 0mo $142,500 $180 86
23392 Cayuga Ave 0.26mi 2/1.0 875 (+9%) 1mo $145,000 $166 72
23440 Couzens Ave 0.33mi 2/1.0 745 (-7%) 2mo $110,000 $148 71
23067 Hazelwood Ave 0.00mi 3/1.0 (+1) 918 (+14%) 1mo $120,000 $131 70
23067 Stauber Ave 0.58mi 2/1.0 835 (+4%) 3mo $139,000 $166 64
352 E Goulson Ave 0.24mi 2/1.0 924 (+15%) 2mo $216,000 $234 62
23818 Tawas Ave 0.39mi 2/1.0 716 (-11%) 3mo $190,000 $265 61
1900 College St 0.70mi 2/1.0 830 (+3%) 1mo $215,000 $259 61
1939 Almont St 0.68mi 2/1.0 765 (-5%) 3mo $180,500 $236 58
1032 E Maxlow Ave 0.75mi 2/1.5 867 (+8%) 1mo $185,000 $213 49
1979 Martin Rd 0.74mi 2/1.0 700 (-13%) 1mo $195,000 $279 43
21330 Caledonia Ave 0.71mi 3/1.5 (+1) 898 (+12%) 1mo $175,000 $195 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 · 2.9% rent growth · sell at horizon

5-year hold
IRR
-7.7%
Equity multiple
0.72×
Total profit
$-10,347
Equity at exit
$19,383
10-year hold
IRR
1.8%
Equity multiple
1.13×
Total profit
$4,580
Equity at exit
$11,240

Cash invested: $36,400 (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.

ZIP-level market 48030

Rents YoY
2.9%
Active inventory
140
Price-to-rent
7.4×

Monthly cashflow live

Estimated rent
$1,455 high interval (Pro) →
Mortgage (P&I)
$682
Tax from tax record
$244 /mo · $2,925/yr
Insurance
$54
HOA
$0
Vacancy / Maint / Mgmt
$305
Net cashflow
$169

Break-even live

Break-even rent $1,240
Max offer price $130,000
Occupancy floor 83%

Sensitivity live

Price -10% $243 -5% $206 +0% $169 +5% $133 +10% $96
Rent -10% $55 -5% $112 +0% $169 +5% $227 +10% $284
Rate -1.0pp $235 -0.5pp $203 base $169 +0.5pp $136 +1.0pp $101

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
$32,500
Closing costs
$3,900
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
23115 Tawas Ave Hazel Park, MI 2.0 1.0 706 $1,375 $1.95 26d 1 0.05mi
23345 Tawas Ave Hazel Park, MI 3.0 1.0 1000 $1,550 $1.55 13d 1 0.12mi
23773 Hazelwood Ave Hazel Park, MI 2.0 1.0 671 $1,400 $2.09 15d 1 0.31mi
266 W Goulson Ave Hazel Park, MI 3.0 1.0 942 $1,600 $1.70 24d 1 0.46mi
1412 E Goulson Ave Hazel Park, MI 3.0 2.0 1104 $1,700 $1.54 0d 1 0.47mi
1045 E Woodward Heights Blvd Hazel Park, MI 1.0–2.0 1.0 715 $1,209 $1.69 26d 3 0.48mi
23077 Davey Ave Hazel Park, MI 3.0 1.0 933 $1,895 $2.03 26d 1 0.64mi
90 W Meyers Ave Hazel Park, MI 2.0 1.0 831 $1,800 $2.17 26d 1 0.65mi
2023 Ardmore Dr Ferndale, MI 2.0 1.0 771 $1,250 $1.62 26d 1 0.65mi
1731 E Pearl Ave Hazel Park, MI 3.0 1.0 844 $1,500 $1.78 22d 1 0.74mi
1770 E Woodward Heights Blvd Hazel Park, MI 2.0 1.0 850 $1,525 $1.79 15d 1 0.77mi
1770 E Woodward Heights Blvd Unit C1 Hazel Park, MI 1.0 1.0 550 $1,350 $2.45 26d 1 0.77mi
1770 E Woodward Heights Blvd Hazel Park, MI 1.0–2.0 1.0 712 $1,400 $1.96 7d 1 0.77mi
1770 E Woodward Heights Blvd Unit E3 Hazel Park, MI 2.0 1.0 850 $1,300 $1.53 26d 1 0.77mi
1770 E Woodward Heights Blvd Unit C6 Hazel Park, MI 1.0 1.0 550 $1,100 $2.00 26d 1 0.77mi
2033 Wrenson St Ferndale, MI 3.0 1.0 816 $1,675 $2.05 1d 1 0.79mi
1326 E Evelyn Ave Unit 1032332P Hazel Park, MI 3.0 2.0 1097 $6,448 $5.88 0d 1 0.80mi
1771 E Woodward Heights Blvd #8 Hazel Park, MI 1.0 1.0 800 $990 $1.24 5d 1 0.80mi
429 E Milton Ave Hazel Park, MI 3.0 2.0 1075 $1,595 $1.48 1d 1 0.88mi
1211 E Bernhard Ave Hazel Park, MI 2.0 1.0 721 $1,500 $2.08 26d 1 0.89mi
1621 E Evelyn Ave Hazel Park, MI 2.0 1.0 749 $1,295 $1.73 20d 1 0.89mi
27 E Milton Ave Hazel Park, MI 1.0 1.0 568 $1,050 $1.85 17d 1 0.89mi
407 E Hayes Ave Hazel Park, MI 3.0 1.0 1000 $1,750 $1.75 26d 1 0.93mi
1019 E Hayes Ave Unit 1032331P Hazel Park, MI 3.0 1.0 1033 $5,281 $5.11 0d 1 0.95mi
2215 Browning St Ferndale, MI 2.0 1.0 739 $1,350 $1.83 6d 1 0.98mi
155 W George Ave Hazel Park, MI 2.0 1.0 725 $1,000 $1.38 26d 1 1.07mi
1561 E Webster St Ferndale, MI 2.0 1.0 939 $1,600 $1.70 26d 1 1.07mi
21516 Dequindre Rd Warren, MI 1.0–2.0 1.0 837 $1,375 $1.64 24d 1 1.09mi
2709 Capitol Ave Warren, MI 3.0 2.0 1056 $1,649 $1.56 46d 1 1.15mi
1800 Browning St Ferndale, MI 2.0 1.0 809 $1,600 $1.98 7d 1 1.17mi
2181 Coy St Ferndale, MI 3.0 1.0 1050 $1,995 $1.90 13d 1 1.20mi
25151 Dequindre Rd Madison Heights, MI 3.0 2.0 1088 $1,279 $1.18 26d 1 1.20mi
690 E Marshall St Unit Lower Ferndale, MI 1.0 1.0 700 $1,295 $1.85 13d 1 1.31mi
2034 John B Ave Warren, MI 3.0 1.0 920 $1,261 $1.37 46d 1 1.31mi
790 Jewell St Ferndale, MI 2.0 1.0 800 $1,445 $1.81 26d 1 1.31mi
328 W Kalama Ave Madison Heights, MI 3.0 1.0 900 $1,575 $1.75 7d 1 1.40mi
21155 Warner Ave Warren, MI 2.0 1.0 756 $1,029 $1.36 26d 1 1.40mi
550 Rosewood St Unit 202 Ferndale, MI 1.0 1.0 655 $1,200 $1.83 1d 1 1.44mi
552 E Saratoga St Unit Upper Unit Ferndale, MI 2.0 1.0 700 $1,300 $1.86 26d 1 1.44mi
425 Vester St Unit A Ferndale, MI 2.0 1.0 525 $1,349 $2.57 7d 1 1.47mi

Listing history 50 events

  1. 2026-05-05
    status Pending 912-char remark
    Show marketing remark (912 chars)

    Adorable bungalow in north Hazel Park with a bright open floor plan, three bedrooms, two enclosed porches and lots of charm. Step inside through the enclosed front porch to a spacious living room with recessed lighting that flows right into the updated kitchen. The kitchen features granite countertops, stainless steel appliances, and ample cabinet space, opening into a bright back dining area with pendant lighting and direct access to the rear of the home. A dedicated main floor laundry room is conveniently tucked just off the dining area. A large bedroom and a full bath with a subway tile tub surround round out the first floor. Head upstairs to find two additional carpeted bedrooms with cozy sloped ceilings. Out back, a large enclosed porch with a wood-planked ceiling and walls of windows makes a wonderful bonus space, overlooking the fenced yard and oversized two-car detached garage. Welcome Home!

  2. 2026-05-05
    status Pending
    Show marketing remark (912 chars)

    Adorable bungalow in north Hazel Park with a bright open floor plan, three bedrooms, two enclosed porches and lots of charm. Step inside through the enclosed front porch to a spacious living room with recessed lighting that flows right into the updated kitchen. The kitchen features granite countertops, stainless steel appliances, and ample cabinet space, opening into a bright back dining area with pendant lighting and direct access to the rear of the home. A dedicated main floor laundry room is conveniently tucked just off the dining area. A large bedroom and a full bath with a subway tile tub surround round out the first floor. Head upstairs to find two additional carpeted bedrooms with cozy sloped ceilings. Out back, a large enclosed porch with a wood-planked ceiling and walls of windows makes a wonderful bonus space, overlooking the fenced yard and oversized two-car detached garage. Welcome Home!

  3. 2026-04-27
    status Active 912-char remark
    Show marketing remark (912 chars)

    Adorable bungalow in north Hazel Park with a bright open floor plan, three bedrooms, two enclosed porches and lots of charm. Step inside through the enclosed front porch to a spacious living room with recessed lighting that flows right into the updated kitchen. The kitchen features granite countertops, stainless steel appliances, and ample cabinet space, opening into a bright back dining area with pendant lighting and direct access to the rear of the home. A dedicated main floor laundry room is conveniently tucked just off the dining area. A large bedroom and a full bath with a subway tile tub surround round out the first floor. Head upstairs to find two additional carpeted bedrooms with cozy sloped ceilings. Out back, a large enclosed porch with a wood-planked ceiling and walls of windows makes a wonderful bonus space, overlooking the fenced yard and oversized two-car detached garage. Welcome Home!

  4. 2026-04-27
    status Active
    Show marketing remark (912 chars)

    Adorable bungalow in north Hazel Park with a bright open floor plan, three bedrooms, two enclosed porches and lots of charm. Step inside through the enclosed front porch to a spacious living room with recessed lighting that flows right into the updated kitchen. The kitchen features granite countertops, stainless steel appliances, and ample cabinet space, opening into a bright back dining area with pendant lighting and direct access to the rear of the home. A dedicated main floor laundry room is conveniently tucked just off the dining area. A large bedroom and a full bath with a subway tile tub surround round out the first floor. Head upstairs to find two additional carpeted bedrooms with cozy sloped ceilings. Out back, a large enclosed porch with a wood-planked ceiling and walls of windows makes a wonderful bonus space, overlooking the fenced yard and oversized two-car detached garage. Welcome Home!

  5. 2026-04-20
    status Pending 912-char remark
    Show marketing remark (912 chars)

    Adorable bungalow in north Hazel Park with a bright open floor plan, three bedrooms, two enclosed porches and lots of charm. Step inside through the enclosed front porch to a spacious living room with recessed lighting that flows right into the updated kitchen. The kitchen features granite countertops, stainless steel appliances, and ample cabinet space, opening into a bright back dining area with pendant lighting and direct access to the rear of the home. A dedicated main floor laundry room is conveniently tucked just off the dining area. A large bedroom and a full bath with a subway tile tub surround round out the first floor. Head upstairs to find two additional carpeted bedrooms with cozy sloped ceilings. Out back, a large enclosed porch with a wood-planked ceiling and walls of windows makes a wonderful bonus space, overlooking the fenced yard and oversized two-car detached garage. Welcome Home!

  6. 2026-04-20
    status Pending
    Show marketing remark (912 chars)

    Adorable bungalow in north Hazel Park with a bright open floor plan, three bedrooms, two enclosed porches and lots of charm. Step inside through the enclosed front porch to a spacious living room with recessed lighting that flows right into the updated kitchen. The kitchen features granite countertops, stainless steel appliances, and ample cabinet space, opening into a bright back dining area with pendant lighting and direct access to the rear of the home. A dedicated main floor laundry room is conveniently tucked just off the dining area. A large bedroom and a full bath with a subway tile tub surround round out the first floor. Head upstairs to find two additional carpeted bedrooms with cozy sloped ceilings. Out back, a large enclosed porch with a wood-planked ceiling and walls of windows makes a wonderful bonus space, overlooking the fenced yard and oversized two-car detached garage. Welcome Home!

  7. 2026-04-17
    listed $130,000 Active 912-char remark
    Show marketing remark (912 chars)

    Adorable bungalow in north Hazel Park with a bright open floor plan, three bedrooms, two enclosed porches and lots of charm. Step inside through the enclosed front porch to a spacious living room with recessed lighting that flows right into the updated kitchen. The kitchen features granite countertops, stainless steel appliances, and ample cabinet space, opening into a bright back dining area with pendant lighting and direct access to the rear of the home. A dedicated main floor laundry room is conveniently tucked just off the dining area. A large bedroom and a full bath with a subway tile tub surround round out the first floor. Head upstairs to find two additional carpeted bedrooms with cozy sloped ceilings. Out back, a large enclosed porch with a wood-planked ceiling and walls of windows makes a wonderful bonus space, overlooking the fenced yard and oversized two-car detached garage. Welcome Home!

  8. 2026-04-17
    listed $130,000 Active
    Show marketing remark (912 chars)

    Adorable bungalow in north Hazel Park with a bright open floor plan, three bedrooms, two enclosed porches and lots of charm. Step inside through the enclosed front porch to a spacious living room with recessed lighting that flows right into the updated kitchen. The kitchen features granite countertops, stainless steel appliances, and ample cabinet space, opening into a bright back dining area with pendant lighting and direct access to the rear of the home. A dedicated main floor laundry room is conveniently tucked just off the dining area. A large bedroom and a full bath with a subway tile tub surround round out the first floor. Head upstairs to find two additional carpeted bedrooms with cozy sloped ceilings. Out back, a large enclosed porch with a wood-planked ceiling and walls of windows makes a wonderful bonus space, overlooking the fenced yard and oversized two-car detached garage. Welcome Home!

  9. 2026-04-10
    historical $130,000 912-char remark
    Show marketing remark (912 chars)

    Adorable bungalow in north Hazel Park with a bright open floor plan, three bedrooms, two enclosed porches and lots of charm. Step inside through the enclosed front porch to a spacious living room with recessed lighting that flows right into the updated kitchen. The kitchen features granite countertops, stainless steel appliances, and ample cabinet space, opening into a bright back dining area with pendant lighting and direct access to the rear of the home. A dedicated main floor laundry room is conveniently tucked just off the dining area. A large bedroom and a full bath with a subway tile tub surround round out the first floor. Head upstairs to find two additional carpeted bedrooms with cozy sloped ceilings. Out back, a large enclosed porch with a wood-planked ceiling and walls of windows makes a wonderful bonus space, overlooking the fenced yard and oversized two-car detached garage. Welcome Home!

  10. 2020-01-23
    soldstatus $91,700
  11. 2020-01-17
    soldstatus $91,700 Sold 431-char remark
    Show marketing remark (431 chars)

    Be a part of up and coming Hazel Park for less than a hundred grand! Fully updated north Hazel Park Bungalow. Home features updated kitchen, bathroom, newer roof, new HVAC, enclosed front and back porches. Home has 3 bedrooms and an oversize 2 car detached garage. All appliances included. This home will not last. This is your chance to be a part of an up and coming City with new developments being constructed all over the City.

  12. 2020-01-17
    soldstatus $91,700 Closed
    Show marketing remark (431 chars)

    Be a part of up and coming Hazel Park for less than a hundred grand! Fully updated north Hazel Park Bungalow. Home features updated kitchen, bathroom, newer roof, new HVAC, enclosed front and back porches. Home has 3 bedrooms and an oversize 2 car detached garage. All appliances included. This home will not last. This is your chance to be a part of an up and coming City with new developments being constructed all over the City.

  13. 2019-12-12
    status Pending
    Show marketing remark (431 chars)

    Be a part of up and coming Hazel Park for less than a hundred grand! Fully updated north Hazel Park Bungalow. Home features updated kitchen, bathroom, newer roof, new HVAC, enclosed front and back porches. Home has 3 bedrooms and an oversize 2 car detached garage. All appliances included. This home will not last. This is your chance to be a part of an up and coming City with new developments being constructed all over the City.

  14. 2019-12-12
    status Pending 431-char remark
    Show marketing remark (431 chars)

    Be a part of up and coming Hazel Park for less than a hundred grand! Fully updated north Hazel Park Bungalow. Home features updated kitchen, bathroom, newer roof, new HVAC, enclosed front and back porches. Home has 3 bedrooms and an oversize 2 car detached garage. All appliances included. This home will not last. This is your chance to be a part of an up and coming City with new developments being constructed all over the City.

  15. 2019-11-21
    price $99,900
  16. 2019-11-20
    price $99,900 431-char remark
    Show marketing remark (431 chars)

    Be a part of up and coming Hazel Park for less than a hundred grand! Fully updated north Hazel Park Bungalow. Home features updated kitchen, bathroom, newer roof, new HVAC, enclosed front and back porches. Home has 3 bedrooms and an oversize 2 car detached garage. All appliances included. This home will not last. This is your chance to be a part of an up and coming City with new developments being constructed all over the City.

  17. 2019-11-15
    listed $129,900 Active 431-char remark
    Show marketing remark (431 chars)

    Be a part of up and coming Hazel Park for less than a hundred grand! Fully updated north Hazel Park Bungalow. Home features updated kitchen, bathroom, newer roof, new HVAC, enclosed front and back porches. Home has 3 bedrooms and an oversize 2 car detached garage. All appliances included. This home will not last. This is your chance to be a part of an up and coming City with new developments being constructed all over the City.

  18. 2019-11-15
    listed $129,900 Active
    Show marketing remark (431 chars)

    Be a part of up and coming Hazel Park for less than a hundred grand! Fully updated north Hazel Park Bungalow. Home features updated kitchen, bathroom, newer roof, new HVAC, enclosed front and back porches. Home has 3 bedrooms and an oversize 2 car detached garage. All appliances included. This home will not last. This is your chance to be a part of an up and coming City with new developments being constructed all over the City.

  19. 2019-09-04
    soldstatus $35,000 Sold
  20. 2019-09-04
    soldstatus $35,000 Closed
  21. 2019-08-14
    status Pending
  22. 2019-08-14
    status Pending
  23. 2019-08-10
    price $42,000
  24. 2019-08-09
    price $42,000
  25. 2019-07-27
    price $52,000
  26. 2019-07-26
    price $52,000
  27. 2019-07-12
    status Active
  28. 2019-07-12
    status Active
  29. 2019-07-08
    status Pending
  30. 2019-07-08
    status Pending
  31. 2019-06-14
    listed $60,000 Active
  32. 2019-06-14
    listed $60,000 Active
  33. 2016-08-19
    soldstatus $58,000
  34. 2016-08-11
    soldstatus $58,000 Sold
  35. 2016-08-11
    soldstatus $58,000 Closed
  36. 2016-07-15
    status Pending
  37. 2016-07-15
    status Pending
  38. 2016-07-10
    price $62,900
  39. 2016-07-09
    price $62,000
  40. 2016-07-09
    listed $62,900 Active
  41. 2016-07-09
    listed $30,000 Active
  42. 2015-08-04
    soldstatus $15,000 Sold
  43. 2015-08-04
    soldstatus $15,000
  44. 2015-07-22
    historical
  45. 2015-07-22
    historical
  46. 2015-07-15
    status Active
  47. 2015-07-13
    historical
  48. 2015-07-10
    listed $20,000 Active
  49. 2015-07-10
    listed $20,000
  50. 2008-09-26
    historical

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

Current annual tax
$2,925 · $244/mo
Projected year-2 tax
$2,925 · $244/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 6/10 Major FEMA zone X (unshaded) · 71% 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 3 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$17,455
− Mortgage interest
−$7,282
− Property taxes
−$2,925
− Insurance
−$650
− Repairs & maintenance
−$1,396
− Management
−$1,396
− Depreciation
−$3,782
Taxable income
$23
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$6
After-tax cash flow
$2,028/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
Hazel Park School District
NCES district ID
2618030
Math proficiency
10% ▼ -2.00%
Reading proficiency
24% ▲ 1.00%
Median HH income
$36,181
Composite
14.05/100
National rank
#9466
State rank
#490 of 540 in MI

Livability — Hazel Park

Score
81/100
State rank
#65
US rank
#1385

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Hazel Park, MI
County
Oakland County · 1,009,092 people
City population
14,963
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
14,963
Household income
$67,073
Rent vs Own
33.9% rent · 66.1% own
Severe rent burden
432.0

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
Predominantly White (74%)
Race & ethnicity
White 74% Two or more races 10% Black 10% Hispanic / Latino 6% Asian 1%
Hispanic origin (detail)
Mexican 3% Puerto Rican 2%
Common ancestry
Romanian 11% Slovak 3% Lithuanian 2%
Foreign-born
5% · Canada
Languages at home
92% English-only · Spanish 5% Arabic 1% Russian/Polish/Slavic 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
▼ -184.32%
Current HPI
285.5923
Rent YoY
▲ 2.90%
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

Price history

+301.8% since first listed
68 events — show timeline
  • 2026-05-05 Pending MiRealSource-MiMLS
  • 2026-05-05 Pending REALCOMP
  • 2026-04-27 Relisted MiRealSource-MiMLS
  • 2026-04-27 Relisted REALCOMP
  • 2026-04-20 Pending MiRealSource-MiMLS
  • 2026-04-20 Pending REALCOMP
  • 2026-04-17 Listed $130,000 MiRealSource-MiMLS
  • 2026-04-17 Listed $130,000 REALCOMP
  • 2026-04-10 Coming Soon $130,000 MiRealSource-MiMLS
  • 2020-01-23 Sold (Public Records) $91,700 Public Records
  • 2020-01-17 Sold (MLS) $91,700 MiRealSource-MiMLS
  • 2020-01-17 Sold (MLS) $91,700 REALCOMP
  • 2019-12-12 Pending MiRealSource-MiMLS
  • 2019-12-12 Pending REALCOMP
  • 2019-11-21 Price Changed $99,900 MiRealSource-MiMLS
  • 2019-11-20 Price Changed $99,900 REALCOMP
  • 2019-11-15 Listed $129,900 MiRealSource-MiMLS
  • 2019-11-15 Listed $129,900 REALCOMP
  • 2019-09-04 Sold (MLS) $35,000 MiRealSource-MiMLS
  • 2019-09-04 Sold (MLS) $35,000 REALCOMP
  • 2019-08-14 Pending MiRealSource-MiMLS
  • 2019-08-14 Pending REALCOMP
  • 2019-08-10 Price Changed $42,000 MiRealSource-MiMLS
  • 2019-08-09 Price Changed $42,000 REALCOMP
  • 2019-07-27 Price Changed $52,000 MiRealSource-MiMLS
  • 2019-07-26 Price Changed $52,000 REALCOMP
  • 2019-07-12 Relisted MiRealSource-MiMLS
  • 2019-07-12 Relisted REALCOMP
  • 2019-07-08 Pending MiRealSource-MiMLS
  • 2019-07-08 Pending REALCOMP
  • 2019-06-14 Listed $60,000 MiRealSource-MiMLS
  • 2019-06-14 Listed $60,000 REALCOMP
  • 2016-08-19 Sold (Public Records) $58,000 Public Records
  • 2016-08-11 Sold (MLS) $58,000 MiRealSource-MiMLS
  • 2016-08-11 Sold (MLS) $58,000 REALCOMP
  • 2016-07-15 Pending REALCOMP
  • 2016-07-15 Pending MiRealSource-MiMLS
  • 2016-07-10 Price Changed $62,900 MiRealSource-MiMLS
  • 2016-07-09 Price Changed $62,000 MiRealSource-MiMLS
  • 2016-07-09 Listed $62,900 REALCOMP
  • 2016-07-09 Listed $30,000 MiRealSource-MiMLS
  • 2015-08-04 Sold (MLS) $15,000 MiRealSource-MiMLS
  • 2015-08-04 Sold (MLS) $15,000 REALCOMP
  • 2015-07-22 Listing Removed REALCOMP
  • 2015-07-22 Listing Removed MiRealSource-MiMLS
  • 2015-07-15 Relisted REALCOMP
  • 2015-07-13 Listing Removed REALCOMP
  • 2015-07-10 Listed $20,000 REALCOMP
  • 2015-07-10 Listed $20,000 MiRealSource-MiMLS
  • 2008-09-26 Listing Removed REALCOMP
  • 2008-09-26 Listing Removed MiRealSource-MiMLS
  • 2008-02-05 Listed $80,000 REALCOMP
  • 2008-02-05 Listed $80,000 MiRealSource-MiMLS
  • 2008-01-02 Listing Removed REALCOMP
  • 2007-08-24 Listed $89,900 REALCOMP
  • 2002-09-24 Sold (MLS) $55,000 MiRealSource-MiMLS
  • 2002-09-24 Sold (MLS) $55,000 REALCOMP
  • 2002-08-26 Listing Removed MiRealSource-MiMLS
  • 2002-05-17 Listed $50,000 REALCOMP
  • 2002-05-16 Listed $50,000 MiRealSource-MiMLS
  • 2001-03-27 Sold (Public Records) $80,165 Public Records
  • 1999-09-10 Sold (Public Records) $70,500 Public Records
  • 1999-07-13 Sold (MLS) $70,500 MiRealSource-MiMLS
  • 1999-05-26 Listing Removed MiRealSource-MiMLS
  • 1999-04-15 Listed $68,500 MiRealSource-MiMLS
  • 1994-05-26 Sold (Public Records) $37,750 Public Records
  • 1991-01-11 Sold (Public Records) $37,500 Public Records
  • 1989-10-27 Sold (Public Records) $32,355 Public Records

Property tax history

+6.9%/yr

Latest (2025): $2,925 · +1.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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