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8835 Robson St
C- Composite 52.24
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 +21.6/30.0
  • ARV discount +7.5/15.0
  • DSCR +6.9/10.0
  • 1% rule +6.8/10.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Rent growth +1.9/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$110,000

8835 Robson St · Detroit, MI 48228
3 bd · 1.0 ba · 922 sqft · SingleFamily public records · 6 Days on market
Built 1951 5,227 sqft lot

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

Listing remarks MLS

Beautiful remodeled home turn key for investor, Section 8 Renter 100% paid by section 8 $1143 per month, New Roof, New Flooring throughout the home, new paint and appliances and new Kitchen Cabinets. Tenant occupied please dont approach tenant.

Key facts

  • 5,227 sq ft lot
  • Built 1951
  • Listed 6 days

Property features AI

Finance

  • Other: Pet restrictions: call for details; Property located in Detroit (City)

Exterior

  • Utilities: Public water
  • Home design: Residential 1½-story home; Built in 1951; Entry-level primary living areas
  • Construction: Basement foundation
  • Exterior features: Brick exterior; Paved street frontage; Frontage approximately 40'

Interior

  • Kitchen: Kitchen on the entry level (approx. 9 x 10)
  • Bedrooms: Three bedrooms on the entry level (approx. 11 x 10, 11 x 10, and 10')
  • Bathrooms: One full bathroom on the entry level (approx. 9 x 11)
  • Heating & cooling: Forced air heating; Natural gas fuel
  • Interior features: 5 total rooms; Unfinished basement

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 $110k.

Deal economics

  • At list price, monthly cash flow is $168 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $110k).

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 soft (-2.3%/yr); 369 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 46% 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).
  • At $1,297/mo this rent would consume 51% of the median local household income ($31k/yr) (locally 4144% 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 $761 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.

Negotiation context

  • Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
  • 13 sale attempts since 3y 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 $82k; 34% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: property tax is 2.6% of price; built in 1951 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $110,000

Questions for the listing agent

  1. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  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
1.18%
Cap rate
8.13%
Cash-on-cash
6.55%
DSCR
1.29
GRM
7.1

CMA / ARV

ARV (on-the-fly)
$57,164
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
8348 Terry St 0.23mi 3/1.0 932 (+1%) 4mo $82,500 $89 84
8255 Marlowe St 0.35mi 3/1.0 915 (-1%) 4mo $27,400 $30 80
8121 Hubbell ST St 0.47mi 3/1.0 918 (-0%) 2mo $48,500 $53 76
8160 Sussex St 0.39mi 3/1.0 960 (+4%) 1mo $58,000 $60 74
8871 Sussex St 0.12mi 3/1.0 1,049 (+14%) 1mo $118,000 $112 70
8254 Sussex St 0.32mi 3/1.0 1,006 (+9%) 3mo $108,000 $107 68
9910 Coyle St 0.65mi 3/1.0 904 (-2%) 4mo $56,000 $62 63
8154 Decatur St 0.74mi 3/1.0 864 (-6%) 1mo $70,000 $81 55
9555 Montrose St 0.66mi 3/1.0 999 (+8%) 3mo $45,000 $45 53
9997 Robson St 0.73mi 3/1.0 865 (-6%) 3mo $35,000 $40 53
9599 Whitcomb St 0.58mi 3/1.0 1,060 (+15%) 1mo $55,000 $52 47
9606 Sussex St 0.57mi 3/2.0 1,060 (+15%) 4mo $76,000 $72 41

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
-10.0%
Equity multiple
0.65×
Total profit
$-10,843
Equity at exit
$16,401
10-year hold
IRR
-5.9%
Equity multiple
0.67×
Total profit
$-10,032
Equity at exit
$9,511

Cash invested: $30,800 (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 48228

Rents YoY
-2.3%
Active inventory
369
Price-to-rent
7.1×

Monthly cashflow live

Estimated rent
$1,297 high interval (Pro) →
Mortgage (P&I)
$577
Tax from tax record
$234 /mo · $2,811/yr
Insurance
$46
HOA
$0
Vacancy / Maint / Mgmt
$272
Net cashflow
$168

Break-even live

Break-even rent $1,085
Max offer price $110,000
Occupancy floor 82%

Sensitivity live

Price -10% $230 -5% $199 +0% $168 +5% $137 +10% $106
Rent -10% $66 -5% $117 +0% $168 +5% $219 +10% $271
Rate -1.0pp $223 -0.5pp $196 base $168 +0.5pp $140 +1.0pp $111

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
$27,500
Closing costs
$3,300
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 28 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
8604 Whitcomb St Detroit, MI 3.0 2.0 1033 $1,300 $1.26 45d 1 0.18mi
9386 Coyle St Detroit, MI 3.0 1.0 1000 $1,300 $1.30 3d 1 0.38mi
8212 Lauder St Detroit, MI 3.0 1.0 1026 $1,150 $1.12 45d 1 0.38mi
14740 W Chicago Unit B Detroit, MI 2.0 1.0 900 $845 $0.94 45d 1 0.48mi
8114 Marlowe St Unit home Detroit, MI 3.0 1.0 985 $1,350 $1.37 45d 1 0.48mi
9222 Forrer St Detroit, MI 3.0 1.0 947 $1,450 $1.53 18d 1 0.50mi
9546 Sussex St Detroit, MI 3.0 1.0 1000 $1,400 $1.40 45d 1 0.51mi
9590 Marlowe St Detroit, MI 2.0 1.0 877 $1,430 $1.63 45d 1 0.58mi
9917 Sussex St Detroit, MI 2.0 1.0 800 $1,375 $1.72 45d 1 0.65mi
9345 Rutherford St Unit 3 Detroit, MI 2.0 1.0 850 $1,050 $1.24 25d 1 0.66mi
10015 Robson St Detroit, MI 3.0 2.0 1000 $1,400 $1.40 19d 1 0.74mi
9936 Montrose St Detroit, MI 3.0 1.0 963 $1,200 $1.25 18d 1 0.76mi
9973 Winthrop St Detroit, MI 3.0 1.0 960 $1,400 $1.46 45d 1 0.77mi
11345 Greenfield Rd Detroit, MI 2.0 1.0 700 $1,050 $1.50 14d 1 0.87mi
9340 Hartwell St Detroit, MI 3.0 1.0 1000 $1,364 $1.36 45d 1 0.89mi
11397 Whitcomb St Detroit, MI 3.0 1.0 1070 $1,400 $1.31 18d 1 0.90mi
11393 Prest St Detroit, MI 3.0 1.0 900 $1,550 $1.72 18d 1 0.90mi
13717 Keal St Detroit, MI 2.0 1.0 799 $1,000 $1.25 45d 1 0.98mi
11634 Sussex St Detroit, MI 3.0 1.0 1091 $1,326 $1.22 25d 1 0.99mi
7419 Rutherford St Detroit, MI 2.0 1.0 981 $1,100 $1.12 0d 1 1.01mi
12039 Lauder St Detroit, MI 3.0 1.5 1000 $1,500 $1.50 25d 1 1.15mi
9108 Archdale St Detroit, MI 3.0 1.0 1000 $1,300 $1.30 6d 1 1.19mi
12121 Montrose St Detroit, MI 3.0 1.0 874 $1,373 $1.57 23d 1 1.28mi
9558 Meyers Rd Detroit, MI 3.0 1.0 950 $1,150 $1.21 45d 1 1.36mi
8850 Rosemont Ave Detroit, MI 3.0 1.0 933 $1,100 $1.18 19d 1 1.37mi
8283 Pinehurst St Unit 2 Detroit, MI 2.0 1.0 1000 $900 $0.90 45d 1 1.38mi
8451 Rosemont Ave Detroit, MI 3.0 1.0 867 $1,150 $1.33 45d 1 1.41mi
8262 Rosemont Ave Detroit, MI 3.0 1.0 836 $1,200 $1.44 6d 1 1.41mi

Listing history 9 events

  1. 2026-06-21
    listing id $110,000 Active 6 DOM
  2. 2026-06-19
    days on marketlisting id $110,000 Active 6 DOM
  3. 2026-06-18
    days on market $110,000 Active 4 DOM
  4. 2026-06-17
    days on market $110,000 Active 3 DOM
  5. 2026-06-16
    days on market $110,000 Active 2 DOM
  6. 2026-06-15
    days on marketlisting id $110,000 Active 1 DOM
  7. 2026-06-15
    days on market $110,000 Active 3 DOM
  8. 2026-06-13
    remarks 534-char remark
  9. 2026-06-13
    listed $110,000 Active 1 DOM

ⓘ 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
$2,811 · $234/mo
Projected year-2 tax
$2,811 · $234/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 ≥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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$15,569
− Mortgage interest
−$6,162
− Property taxes
−$2,811
− Insurance
−$550
− Repairs & maintenance
−$1,246
− Management
−$1,246
− Depreciation
−$3,200
Taxable income
$356
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$85
After-tax cash flow
$1,931/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)
50,117
Household income
$30,680
Rent vs Own
50.7% rent · 49.3% own
Severe rent burden
4144.0

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 (71%)
Race & ethnicity
Black 71% White 16% Two or more races 7% Hispanic / Latino 6%
Hispanic origin (detail)
Mexican 3% Puerto Rican 2%
Common ancestry
Arab 2% Romanian 2% Lithuanian 1%
Foreign-born
11% · Canada
Languages at home
82% English-only · Arabic 11% Spanish 5%

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
▼ -160.81%
Current HPI
168.6843
Rent YoY
▼ -2.30%
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

+223.5% since first listed
28 events — show timeline
  • 2026-06-12 Listed $110,000 MiRealSource-MiMLS
  • 2026-04-18 Listed for Rent $1,300 REALSOURCE
  • 2025-03-24 Rental Removed $1,300 REALSOURCE
  • 2025-02-22 Listed for Rent $1,300 REALSOURCE
  • 2025-02-21 Rental Removed $1,300 REALCOMP
  • 2025-01-30 Price Changed $1,300 REALCOMP
  • 2024-12-18 Listed for Rent $1,400 REALCOMP
  • 2024-12-18 Rental Removed $1,400 REALCOMP
  • 2024-12-07 Listed for Rent $1,400 REALCOMP
  • 2024-02-19 Sold (MLS) $82,000 MiRealSource-MiMLS
  • 2024-02-19 Sold (MLS) $82,000 REALCOMP
  • 2024-02-14 Sold (Public Records) $82,000 Public Records
  • 2024-01-17 Listed $89,000 MiRealSource-MiMLS
  • 2024-01-17 Listed $89,000 REALCOMP
  • 2023-10-13 Sold (MLS) $32,000 MiRealSource-MiMLS
  • 2023-10-13 Sold (MLS) $32,000 REALCOMP
  • 2023-09-26 Pending MiRealSource-MiMLS
  • 2023-09-26 Pending REALCOMP
  • 2023-09-03 Relisted MiRealSource-MiMLS
  • 2023-09-03 Relisted REALCOMP
  • 2023-08-12 Pending MiRealSource-MiMLS
  • 2023-08-12 Pending REALCOMP
  • 2023-08-01 Relisted MiRealSource-MiMLS
  • 2023-08-01 Relisted REALCOMP
  • 2023-07-27 Pending MiRealSource-MiMLS
  • 2023-07-27 Pending REALCOMP
  • 2023-07-09 Listed $34,000 REALCOMP
  • 2023-07-07 Listed $34,000 MiRealSource-MiMLS

Property tax history

+8.7%/yr

Latest (2025): $2,811 · +120.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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