8835 Robson 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 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
🖨 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
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.
Questions for the listing agent
- Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- 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
- 1.18% ✓
- 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
- IRR
- -10.0%
- Equity multiple
- 0.65×
- Total profit
- $-10,843
- Equity at exit
- $16,401
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-21$110,000 Active 6 DOM
-
2026-06-19days on market $110,000 Active 6 DOM
-
2026-06-18days on market $110,000 Active 4 DOM
-
2026-06-17days on market $110,000 Active 3 DOM
-
2026-06-16days on market $110,000 Active 2 DOM
-
2026-06-15days on market $110,000 Active 1 DOM
-
2026-06-15days on market $110,000 Active 3 DOM
-
2026-06-13remarks 534-char remark
-
2026-06-13$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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
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
- 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 |
|---|---|---|
| Automotive Parts | 3 | $48B |
|
||
| Automotive | 2 | $372B |
|
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| Chemicals | 1 | $45B |
|
||
| Automotive Retail | 1 | $29B |
|
||
| Healthcare / Medical Devices | 1 | $23B |
|
||
| Automotive Technology | 1 | $20B |
|
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Price history
+223.5% since first listed28 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%/yrLatest (2025): $2,811 · +120.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…