9575 Longacre 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
- $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
- DSCR +10.0/10.0
- 1% rule +9.6/10.0
- ARV discount +7.5/15.0
- Rent growth +3.9/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$90,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Discover Your Detroit Dream Home at 9575 Longacre St – Perfect Starter for First-Time Buyers or Cash-Flowing Investor Opportunity! ??? Step into this charming * 3-bedroom, 1-bath brick beauty * in the heart of Detroit's vibrant Grandale neighborhood! At approximately 1,000 sq ft of comfortable living space, this solid, well-built home is move-in ready and bursting with potential – ideal for first-time buyers looking to plant roots or savvy investors hunting for turnkey rental income. Picture this: A * fenced-in yard * perfect for summer BBQs, kids playing safely, or your furry friends roaming free. A * 1-car garage * keeps your vehicle protected, while the * unfinished basement * offers endless possibilities – finish it for extra living space, create a home gym, or use it for smart storage. The * newer 2021 furnace and hot water tank * (it will be fully installed and ready before inspection and prior to closing) mean peace of mind and lower utility bills from day one. (Note: The existing alarm system is not included with the sale. ) Location? Unbeatable. You're just steps from * Douglass Park * and * Douglas Ramsey Park * right on Longacre St – lush green space for picnics, play, and community vibes without ever leaving your street! Downtown Detroit's energy, dining, sports, and nightlife are a quick * 9-mile drive * (about 15-20 minutes), while Dearborn is an easy * short 8-10 mile hop * away for work, shopping, or Ford's world headquarters. Commuting is a breeze, and you're surrounded by everyday conveniences. * Investor alert: * Rent this gem for * $1,500/month * and watch your investment pay off handsomely in one of Detroit's up-and-coming pockets! Whether you're buying your first home or building a portfolio, 9575 Longacre St delivers Detroit pride, modern comfort, and unbeatable value. Don't miss your chance – schedule your showing today and make this brick charmer yours before it's gone! Ready to call it home? Let's make it happen. ??
Key facts
- 4,356 sq ft lot
- Garage
- Built 1939
Property features AI
Exterior
- Parking: Detached 1-car garage
- Utilities: Public water; Public sewer
- Home design: Single-family home; One and one-half story; Ground-level entry with steps
- Construction: Brick construction; Brick/mortar foundation; Built area above grade: 806 square feet
- Exterior features: Paved road; Lot approximately 0.1 acre (35 x 133)
Interior
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating (natural gas); No central air
- Interior features: Unfinished basement; Total of 4 rooms
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $90k.
Deal economics
- At list price, monthly cash flow is $416 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $90k).
- Recommended offer: $87k (3.0% below list) — sets the bar for market timing.
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 (+5.6%/yr); 385 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
- This rent runs 43% of the median local income ($37k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k 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 + 5.6% rent growth), your $25k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 49 days — a 3% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
- 11 sale attempts since 18y 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 $60k; list at $90k implies a 51% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1939 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 49 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1939 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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
- 1.46% ✓
- Cap rate
- 11.84%
- Cash-on-cash
- 19.83%
- DSCR
- 1.88
- GRM
- 5.7
CMA / ARV
- ARV (median comp)
- $40,894
- List price
- $90,000
- Delta
- 120.08%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 11375 Grandmont Ave | 0.41mi | 3/1.0 | 1,083 (+10%) | 0mo | $104,000 | $96 | 64 |
| 9909 Asbury Park | 0.38mi | 3/1.0 | 1,095 (+11%) | 1mo | $95,000 | $87 | 64 |
| 9317 Artesian St | 0.65mi | 2/1.0 (-1) | 994 (+0%) | 1mo | $25,000 | $25 | 63 |
| 9934 Warwick St | 0.66mi | 3/1.0 | 1,018 (+3%) | 2mo | $70,000 | $69 | 63 |
| 9555 Montrose St | 0.75mi | 3/1.0 | 999 (+1%) | 3mo | $45,000 | $45 | 61 |
| 11658 Ashton Ave | 0.51mi | 3/1.0 | 1,080 (+9%) | 0mo | $89,000 | $82 | 61 |
| 8838 Faust Ave | 0.63mi | 3/1.0 | 1,029 (+4%) | 4mo | $54,500 | $53 | 60 |
| 9976 Warwick St | 0.67mi | 3/1.5 | 1,024 (+4%) | 4mo | $129,900 | $127 | 58 |
| 9003 Archdale St | 0.45mi | 3/1.0 | 1,116 (+13%) | 5mo | $40,200 | $36 | 54 |
| 9608 Piedmont St | 0.72mi | 3/1.0 | 1,048 (+6%) | 4mo | $74,900 | $71 | 53 |
| 9580 Mansfield St | 0.59mi | 2/1.0 (-1) | 890 (-10%) | 0mo | $23,000 | $26 | 51 |
| 8671 Rosemont Ave | 0.68mi | 3/1.0 | 1,100 (+11%) | 5mo | $90,000 | $82 | 45 |
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 · 5.59% rent growth · sell at horizon
- IRR
- 14.8%
- Equity multiple
- 1.61×
- Total profit
- $15,456
- Equity at exit
- $13,419
- IRR
- 25.4%
- Equity multiple
- 3.49×
- Total profit
- $62,842
- Equity at exit
- $7,782
Cash invested: $25,200 (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 48227
- Rents YoY
- 5.6%
- Active inventory
- 385
- Price-to-rent
- 5.7×
Monthly cashflow live
- Estimated rent
- $1,311 high interval (Pro) →
- Mortgage (P&I)
- −$472
- Tax from tax record
- −$110 /mo · $1,315/yr
- Insurance
- −$38
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$275
- Net cashflow
- $416
Break-even live
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
- $22,500
- Closing costs
- $2,700
- 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 |
|---|---|---|---|---|---|---|---|---|
| 18450 W Chicago Detroit, MI | 1.0–2.0 | 1.0 | 687 | $1,117 | $1.62 | 2d | 15 | 0.32mi |
| 9108 Archdale St Detroit, MI | 3.0 | 1.0 | 1000 | $1,300 | $1.30 | 5d | 1 | 0.33mi |
| 8850 Rosemont Ave Detroit, MI | 3.0 | 1.0 | 933 | $1,100 | $1.18 | 18d | 1 | 0.54mi |
| 9090 Stahelin Ave Detroit, MI | 2.0 | 1.0 | 787 | $1,250 | $1.59 | 44d | 1 | 0.61mi |
| 9345 Rutherford St Unit 3 Detroit, MI | 2.0 | 1.0 | 850 | $1,050 | $1.24 | 24d | 1 | 0.63mi |
| 11741 Penrod St Detroit, MI | 3.0 | 1.0 | 1124 | $1,400 | $1.25 | 17d | 1 | 0.64mi |
| 11704 Greenview Ave Detroit, MI | 4.0 | 1.0 | 1046 | $1,300 | $1.24 | 24d | 1 | 0.66mi |
| 8451 Rosemont Ave Detroit, MI | 3.0 | 1.0 | 867 | $1,150 | $1.33 | 44d | 1 | 0.78mi |
| 9222 Forrer St Detroit, MI | 3.0 | 1.0 | 947 | $1,450 | $1.53 | 17d | 1 | 0.79mi |
| 9936 Montrose St Detroit, MI | 3.0 | 1.0 | 963 | $1,200 | $1.25 | 17d | 1 | 0.81mi |
| 9973 Winthrop St Detroit, MI | 3.0 | 1.0 | 960 | $1,400 | $1.46 | 44d | 1 | 0.85mi |
| 19449 W Chicago St Detroit, MI | 3.0 | 1.5 | 950 | $1,500 | $1.58 | 44d | 1 | 0.88mi |
| 8262 Rosemont Ave Detroit, MI | 3.0 | 1.0 | 836 | $1,200 | $1.44 | 5d | 1 | 0.89mi |
| 11345 Greenfield Rd Detroit, MI | 2.0 | 1.0 | 700 | $1,050 | $1.50 | 13d | 1 | 0.94mi |
| 19301 Joy Rd Apt 1 Detroit, MI | 2.0 | 1.0 | 750 | $1,100 | $1.47 | 44d | 1 | 0.97mi |
| 11393 Prest St Detroit, MI | 3.0 | 1.0 | 900 | $1,550 | $1.72 | 17d | 1 | 1.01mi |
| 12121 Montrose St Detroit, MI | 3.0 | 1.0 | 874 | $1,373 | $1.57 | 22d | 1 | 1.04mi |
| 9917 Sussex St Detroit, MI | 2.0 | 1.0 | 800 | $1,375 | $1.72 | 44d | 1 | 1.07mi |
| 11397 Whitcomb St Detroit, MI | 3.0 | 1.0 | 1070 | $1,400 | $1.31 | 17d | 1 | 1.07mi |
| 9546 Sussex St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 44d | 1 | 1.09mi |
| 12711 Grandmont Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 18d | 1 | 1.09mi |
| 9386 Coyle St Detroit, MI | 3.0 | 1.0 | 1000 | $1,300 | $1.30 | 2d | 1 | 1.14mi |
| 11634 Sussex St Detroit, MI | 3.0 | 1.0 | 1091 | $1,326 | $1.22 | 24d | 1 | 1.19mi |
| 10015 Robson St Detroit, MI | 3.0 | 2.0 | 1000 | $1,400 | $1.40 | 18d | 1 | 1.19mi |
| 12840 Grandmont Ave Detroit, MI | 3.0 | 1.0 | 1100 | $1,200 | $1.09 | 44d | 1 | 1.20mi |
| 8604 Whitcomb St Detroit, MI | 3.0 | 2.0 | 1033 | $1,300 | $1.26 | 44d | 1 | 1.21mi |
| 12875 Faust Ave Detroit, MI | 2.0 | 1.0 | 735 | $1,200 | $1.63 | 5d | 1 | 1.24mi |
| 12944 Rosemont Ave Detroit, MI | 2.0 | 1.0 | 800 | $1,050 | $1.31 | 5d | 1 | 1.27mi |
| 12941 Penrod St Detroit, MI | 2.0 | 1.0 | 1000 | $1,275 | $1.27 | 44d | 1 | 1.28mi |
| 14740 W Chicago Unit B Detroit, MI | 2.0 | 1.0 | 900 | $845 | $0.94 | 44d | 1 | 1.31mi |
| 12084 Vaughan St Detroit, MI | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 17d | 1 | 1.31mi |
| 12950 Glastonbury Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 24d | 1 | 1.33mi |
| 20522 W Chicago Detroit, MI | 2.0 | 1.0 | 1000 | $950 | $0.95 | 44d | 1 | 1.36mi |
| 20529 W Chicago Detroit, MI | 2.0 | 1.0 | 1000 | $900 | $0.90 | 44d | 1 | 1.36mi |
| 9401 Fielding St Detroit, MI | 2.0 | 1.0 | 1000 | $900 | $0.90 | 44d | 1 | 1.36mi |
| 9590 Marlowe St Detroit, MI | 2.0 | 1.0 | 877 | $1,430 | $1.63 | 44d | 1 | 1.36mi |
| 20541 W Chicago Detroit, MI | 2.0 | 1.0 | 1000 | $900 | $0.90 | 44d | 1 | 1.37mi |
| 13600 Southfield Fwy Detroit, MI | 2.0 | 1.0 | 848 | $1,100 | $1.30 | 5d | 1 | 1.38mi |
| 9410 Patton St Detroit, MI | 2.0 | 1.0 | 1000 | $900 | $0.90 | 44d | 1 | 1.38mi |
| 20545 W Chicago Detroit, MI | 2.0 | 1.0 | 1000 | $900 | $0.90 | 44d | 1 | 1.38mi |
Listing history 45 events
-
2026-06-18days on market $90,000 Active 49 DOM
-
2026-06-17days on market $90,000 Active 48 DOM
-
2026-06-15days on market $90,000 Active 46 DOM
-
2026-06-13days on market $90,000 Active 44 DOM
-
2026-06-13days on market $90,000 Active 43 DOM
-
2026-06-09days on market $90,000 Active 40 DOM
-
2026-06-08days on market $90,000 Active 39 DOM
-
2026-06-07days on market $90,000 Active 38 DOM
-
2026-06-04days on market $90,000 Active 35 DOM
-
2026-06-03days on market $90,000 Active 34 DOM
-
2026-06-02days on market $90,000 Active 33 DOM
-
2026-06-01days on market $90,000 Active 32 DOM
-
2026-05-31days on market $90,000 Active 31 DOM
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2026-05-01$90,000 Active 2091-char remark
Show marketing remark (2091 chars)
Discover Your Detroit Dream Home at 9575 Longacre St – Perfect Starter for First-Time Buyers or Cash-Flowing Investor Opportunity! ??? Step into this charming * 3-bedroom, 1-bath brick beauty * in the heart of Detroit's vibrant Grandale neighborhood! At approximately 1,000 sq ft of comfortable living space, this solid, well-built home is move-in ready and bursting with potential – ideal for first-time buyers looking to plant roots or savvy investors hunting for turnkey rental income. Picture this: A * fenced-in yard * perfect for summer BBQs, kids playing safely, or your furry friends roaming free. A * 1-car garage * keeps your vehicle protected, while the * unfinished basement * offers endless possibilities – finish it for extra living space, create a home gym, or use it for smart storage. The * newer 2021 furnace and hot water tank * (it will be fully installed and ready before inspection and prior to closing) mean peace of mind and lower utility bills from day one. (Note: The existing alarm system is not included with the sale. ) Location? Unbeatable. You're just steps from * Douglass Park * and * Douglas Ramsey Park * right on Longacre St – lush green space for picnics, play, and community vibes without ever leaving your street! Downtown Detroit's energy, dining, sports, and nightlife are a quick * 9-mile drive * (about 15-20 minutes), while Dearborn is an easy * short 8-10 mile hop * away for work, shopping, or Ford's world headquarters. Commuting is a breeze, and you're surrounded by everyday conveniences. * Investor alert: * Rent this gem for * $1,500/month * and watch your investment pay off handsomely in one of Detroit's up-and-coming pockets! Whether you're buying your first home or building a portfolio, 9575 Longacre St delivers Detroit pride, modern comfort, and unbeatable value. Don't miss your chance – schedule your showing today and make this brick charmer yours before it's gone! Ready to call it home? Let's make it happen. ??
-
2026-05-01$90,000 Active 2091-char remark
Show marketing remark (2091 chars)
Discover Your Detroit Dream Home at 9575 Longacre St – Perfect Starter for First-Time Buyers or Cash-Flowing Investor Opportunity! ??? Step into this charming * 3-bedroom, 1-bath brick beauty * in the heart of Detroit's vibrant Grandale neighborhood! At approximately 1,000 sq ft of comfortable living space, this solid, well-built home is move-in ready and bursting with potential – ideal for first-time buyers looking to plant roots or savvy investors hunting for turnkey rental income. Picture this: A * fenced-in yard * perfect for summer BBQs, kids playing safely, or your furry friends roaming free. A * 1-car garage * keeps your vehicle protected, while the * unfinished basement * offers endless possibilities – finish it for extra living space, create a home gym, or use it for smart storage. The * newer 2021 furnace and hot water tank * (it will be fully installed and ready before inspection and prior to closing) mean peace of mind and lower utility bills from day one. (Note: The existing alarm system is not included with the sale. ) Location? Unbeatable. You're just steps from * Douglass Park * and * Douglas Ramsey Park * right on Longacre St – lush green space for picnics, play, and community vibes without ever leaving your street! Downtown Detroit's energy, dining, sports, and nightlife are a quick * 9-mile drive * (about 15-20 minutes), while Dearborn is an easy * short 8-10 mile hop * away for work, shopping, or Ford's world headquarters. Commuting is a breeze, and you're surrounded by everyday conveniences. * Investor alert: * Rent this gem for * $1,500/month * and watch your investment pay off handsomely in one of Detroit's up-and-coming pockets! Whether you're buying your first home or building a portfolio, 9575 Longacre St delivers Detroit pride, modern comfort, and unbeatable value. Don't miss your chance – schedule your showing today and make this brick charmer yours before it's gone! Ready to call it home? Let's make it happen. ??
-
2026-04-27historical $90,000 2091-char remark
Show marketing remark (2091 chars)
Discover Your Detroit Dream Home at 9575 Longacre St – Perfect Starter for First-Time Buyers or Cash-Flowing Investor Opportunity! ??? Step into this charming * 3-bedroom, 1-bath brick beauty * in the heart of Detroit's vibrant Grandale neighborhood! At approximately 1,000 sq ft of comfortable living space, this solid, well-built home is move-in ready and bursting with potential – ideal for first-time buyers looking to plant roots or savvy investors hunting for turnkey rental income. Picture this: A * fenced-in yard * perfect for summer BBQs, kids playing safely, or your furry friends roaming free. A * 1-car garage * keeps your vehicle protected, while the * unfinished basement * offers endless possibilities – finish it for extra living space, create a home gym, or use it for smart storage. The * newer 2021 furnace and hot water tank * (it will be fully installed and ready before inspection and prior to closing) mean peace of mind and lower utility bills from day one. (Note: The existing alarm system is not included with the sale. ) Location? Unbeatable. You're just steps from * Douglass Park * and * Douglas Ramsey Park * right on Longacre St – lush green space for picnics, play, and community vibes without ever leaving your street! Downtown Detroit's energy, dining, sports, and nightlife are a quick * 9-mile drive * (about 15-20 minutes), while Dearborn is an easy * short 8-10 mile hop * away for work, shopping, or Ford's world headquarters. Commuting is a breeze, and you're surrounded by everyday conveniences. * Investor alert: * Rent this gem for * $1,500/month * and watch your investment pay off handsomely in one of Detroit's up-and-coming pockets! Whether you're buying your first home or building a portfolio, 9575 Longacre St delivers Detroit pride, modern comfort, and unbeatable value. Don't miss your chance – schedule your showing today and make this brick charmer yours before it's gone! Ready to call it home? Let's make it happen. ??
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2026-04-13historical $1,075
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2026-04-11$1,075
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2026-03-12historical $1,075
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2026-02-18price $1,075
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2025-11-18historical
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2025-11-05price $1,150
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2025-10-11$1,200
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2025-08-30price $78,000
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2025-08-29price $78,000
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2025-08-29price $78,000
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2025-03-11$85,000 Active
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2025-03-11$85,000 Active
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2022-02-27price $950
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2021-07-09soldstatus $59,500
-
2018-07-25soldstatus $51,300
-
2013-04-17soldstatus $5,000
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2013-04-17soldstatus $5,000
-
2013-03-06historical
-
2013-02-15$5,000
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2013-02-15$5,000
-
2009-04-02historical
-
2008-09-24soldstatus $90,000
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2008-08-28$103,000
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2008-07-29soldstatus $10,000
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2008-07-29soldstatus $10,000
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2008-07-21historical
-
2008-04-11$9,900
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2008-04-11$9,900
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2003-04-18soldstatus $100,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast MI · Partial reset (capped growth)
- Current annual tax
- $1,315 · $110/mo
- Projected year-2 tax
- $1,351 · $113/mo
- Expected delta
- +$35/yr (+$3/mo · 2.7%)
ⓘ 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 ≥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
- $15,728
- − Mortgage interest
- −$5,041
- − Property taxes
- −$1,315
- − Insurance
- −$450
- − Repairs & maintenance
- −$1,258
- − Management
- −$1,258
- − Depreciation
- −$2,618
- Taxable income
- $3,787
- Est. tax owed @ 24.0%
- −$909
- After-tax cash flow
- $4,088/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)
- 40,302
- Household income
- $36,527
- Rent vs Own
- Severe rent burden
- 2371.0
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 (95%)
- Race & ethnicity
- Black 95% Two or more races 3% White 1%
- Foreign-born
- 1%
- Languages at home
- 98% English-only · Spanish 1% French/Haitian/Cajun 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
- ▼ -125.00%
- Current HPI
- 186.4158
- Rent YoY
- ▲ 5.59%
- 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 |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
-10.0% since first listed32 events — show timeline
- 2026-05-01 Listed $90,000 MiRealSource-MiMLS
- 2026-05-01 Listed $90,000 REALCOMP
- 2026-04-27 Coming Soon $90,000 MiRealSource-MiMLS
- 2026-04-13 Rental Removed $1,075 APPFOLIO
- 2026-04-11 Listed for Rent $1,075 APPFOLIO
- 2026-03-12 Rental Removed $1,075 APPFOLIO
- 2026-02-18 Price Changed $1,075 APPFOLIO
- 2025-11-18 Listing Removed — MiRealSource-MiMLS
- 2025-11-05 Price Changed $1,150 APPFOLIO
- 2025-10-11 Listed for Rent $1,200 APPFOLIO
- 2025-08-30 Price Changed $78,000 MiRealSource-MiMLS
- 2025-08-29 Price Changed $78,000 REALCOMP
- 2025-08-29 Price Changed $78,000 SW Michigan MLS
- 2025-03-11 Listed $85,000 REALCOMP
- 2025-03-11 Listed $85,000 MiRealSource-MiMLS
- 2022-02-27 Price Changed $950 RENT.
- 2021-07-09 Sold (Public Records) $59,500 Public Records
- 2018-07-25 Sold (Public Records) $51,300 Public Records
- 2013-04-17 Sold (MLS) $5,000 REALCOMP
- 2013-04-17 Sold (MLS) $5,000 MiRealSource-MiMLS
- 2013-03-06 Listing Removed — MiRealSource-MiMLS
- 2013-02-15 Listed $5,000 REALCOMP
- 2013-02-15 Listed $5,000 MiRealSource-MiMLS
- 2009-04-02 Listing Removed — REALCOMP
- 2008-09-24 Sold (Public Records) $90,000 Public Records
- 2008-08-28 Listed $103,000 REALCOMP
- 2008-07-29 Sold (MLS) $10,000 MiRealSource-MiMLS
- 2008-07-29 Sold (MLS) $10,000 REALCOMP
- 2008-07-21 Listing Removed — MiRealSource-MiMLS
- 2008-04-11 Listed $9,900 MiRealSource-MiMLS
- 2008-04-11 Listed $9,900 REALCOMP
- 2003-04-18 Sold (Public Records) $100,000 Public Records
Property tax history
-1.2%/yrLatest (2025): $1,315 · -9.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…