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9575 Longacre St
B- Composite 68.42
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

9575 Longacre St · Detroit, MI 48227
3 bd · 1.0 ba · 989 sqft · SingleFamily public records · 49 Days on market
Built 1939 4,356 sqft lot $91/sqft · 79% above area ↓ 10% since listing

🖨 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

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 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.
Recommended offer $87,300 (3.0% below list)

Questions for the listing agent

  1. 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?
  2. Built in 1939 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. 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.
  7. 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.
  8. 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

5-year hold
IRR
14.8%
Equity multiple
1.61×
Total profit
$15,456
Equity at exit
$13,419
10-year hold
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
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

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

Break-even rent $784
Max offer price $90,000
Occupancy floor 63%

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-18
    days on market $90,000 Active 49 DOM
  2. 2026-06-17
    days on market $90,000 Active 48 DOM
  3. 2026-06-15
    days on market $90,000 Active 46 DOM
  4. 2026-06-13
    days on market $90,000 Active 44 DOM
  5. 2026-06-13
    days on market $90,000 Active 43 DOM
  6. 2026-06-09
    days on market $90,000 Active 40 DOM
  7. 2026-06-08
    days on market $90,000 Active 39 DOM
  8. 2026-06-07
    days on market $90,000 Active 38 DOM
  9. 2026-06-04
    days on market $90,000 Active 35 DOM
  10. 2026-06-03
    days on market $90,000 Active 34 DOM
  11. 2026-06-02
    days on market $90,000 Active 33 DOM
  12. 2026-06-01
    days on market $90,000 Active 32 DOM
  13. 2026-05-31
    days on market $90,000 Active 31 DOM
  14. 2026-05-01
    listed $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. ??

  15. 2026-05-01
    listed $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. ??

  16. 2026-04-27
    historical $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. ??

  17. 2026-04-13
    historical $1,075
  18. 2026-04-11
    listed $1,075
  19. 2026-03-12
    historical $1,075
  20. 2026-02-18
    price $1,075
  21. 2025-11-18
    historical
  22. 2025-11-05
    price $1,150
  23. 2025-10-11
    listed $1,200
  24. 2025-08-30
    price $78,000
  25. 2025-08-29
    price $78,000
  26. 2025-08-29
    price $78,000
  27. 2025-03-11
    listed $85,000 Active
  28. 2025-03-11
    listed $85,000 Active
  29. 2022-02-27
    price $950
  30. 2021-07-09
    soldstatus $59,500
  31. 2018-07-25
    soldstatus $51,300
  32. 2013-04-17
    soldstatus $5,000
  33. 2013-04-17
    soldstatus $5,000
  34. 2013-03-06
    historical
  35. 2013-02-15
    listed $5,000
  36. 2013-02-15
    listed $5,000
  37. 2009-04-02
    historical
  38. 2008-09-24
    soldstatus $90,000
  39. 2008-08-28
    listed $103,000
  40. 2008-07-29
    soldstatus $10,000
  41. 2008-07-29
    soldstatus $10,000
  42. 2008-07-21
    historical
  43. 2008-04-11
    listed $9,900
  44. 2008-04-11
    listed $9,900
  45. 2003-04-18
    soldstatus $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
combined federal + state — saved on this device
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

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

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
40.9% rent · 59.1% 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

Price history

-10.0% since first listed
32 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%/yr

Latest (2025): $1,315 · -9.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…