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26051 Lehigh St
B Composite 73.58
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
  • ARV discount +14.7/15.0
  • DSCR +10.0/10.0
  • 1% rule +9.1/10.0
  • Livability +3.4/5.0
  • Rent growth +3.2/5.0
  • Condition / age +2.5/5.0
  • Schools +0.7/10.0
  • Appreciation +0.0/10.0

$99,900

26051 Lehigh St · Inkster, MI 48141
3 bd · 1.0 ba · 952 sqft · SingleFamily public records · 66 Days on market
Built 1955 5,227 sqft lot Est $119k · 16% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

3 bedroom, 1 bath home ready for immediate occupancy or rental. This property offers solid cash flow potential with an estimated 14% ROI, making it an attractive option for investors seeking strong performance. The practical floor plan and move-in ready condition reduce upfront costs, while also making it a great starter home for first time buyers. A rare opportunity to own a property that works equally well as a primary residence or income producing asset.

Key facts

  • 5,227 sq ft lot
  • 2 garage spots
  • Built 1955

Property features AI

Exterior

  • Parking: Detached 2-car garage
  • Utilities: Public sewer
  • Home design: Single-family residence; One story; Entry on ground level
  • Construction: Aluminum siding; Slab foundation
  • Exterior features: Paved road access; Lot approximately 0.12 acres (40 x 134)

Interior

  • Bathrooms: 1 full bathroom
  • Heating & cooling: Forced air heating (natural gas); No central cooling
  • Interior features: 3 total rooms; Ground-level entry with steps

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 $100k.

Deal economics

  • At list price, monthly cash flow is $384 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $100k).
  • Recommended offer: $94k (6.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 67/100 on livability (#406 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D, schools F, crime F.
  • Westwood Community School District (suburban): math 6% / reading 11% proficiency, ranked #529 of 540 in MI (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+3.0%/yr); 142 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 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 ($39k/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 $691 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 + 3.0% rent growth), your $28k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 66 days — a 6% lower offer ($94k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 30y 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 $65k; list at $100k implies a 54% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $93,906 (6.0% below list)

Questions for the listing agent

  1. It's been on market 66 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
1.41%
Cap rate
10.91%
Cash-on-cash
16.47%
DSCR
1.73
GRM
5.9

CMA / ARV

ARV (on-the-fly)
$119,000
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
26333 Eton Ave 0.36mi 3/1.0 1,000 (+5%) 1mo $95,000 $95 74
25036 Colgate St 0.60mi 3/1.0 945 (-1%) 1mo $85,000 $90 70
26159 Stanford St 0.14mi 4/1.0 (+1) 850 (-11%) 2mo $92,000 $108 69
25513 Annapolis St 0.33mi 3/1.0 1,040 (+9%) 2mo $152,000 $146 68
26825 Kitch St 0.67mi 3/1.0 972 (+2%) 2mo $130,000 $134 63
3854 John Daly St 0.47mi 3/1.5 1,019 (+7%) 2mo $42,000 $41 63
25948 Penn St 0.53mi 3/1.0 1,031 (+8%) 1mo $100,000 $97 60
5367 Vivian St 0.61mi 3/1.0 1,044 (+10%) 3mo $170,000 $163 54
5969 Fellrath St 0.75mi 2/1.0 (-1) 1,000 (+5%) 0mo $125,000 $125 51
26396 Pennie St 0.42mi 2/1.0 (-1) 1,080 (+13%) 2mo $95,000 $88 51
25038 Annapolis St 0.59mi 2/1.0 (-1) 841 (-12%) 1mo $125,000 $149 47
25037 Hopkins St 0.58mi 2/1.0 (-1) 812 (-15%) 2mo $159,900 $197 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 · 2.95% rent growth · sell at horizon

5-year hold
IRR
7.5%
Equity multiple
1.29×
Total profit
$8,239
Equity at exit
$14,895
10-year hold
IRR
16.8%
Equity multiple
2.38×
Total profit
$38,549
Equity at exit
$8,638

Cash invested: $27,972 (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 48141

Home prices YoY
-2.9%
Rents YoY
3.0%
Active inventory
142
Price-to-rent
5.9×

Monthly cashflow live

Estimated rent
$1,405 high interval (Pro) →
Mortgage (P&I)
$524
Tax from tax record
$160 /mo · $1,923/yr
Insurance
$42
HOA
$0
Vacancy / Maint / Mgmt
$295
Net cashflow
$384

Break-even live

Break-even rent $919
Max offer price $99,900
Occupancy floor 68%

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
$24,975
Closing costs
$2,997
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 20 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
26089 Lehigh St Inkster, MI 2.0 1.0 900 $1,295 $1.44 17d 1 0.06mi
26159 Stanford St Inkster, MI 4.0 1.0 1056 $1,350 $1.28 4d 1 0.17mi
26382 Colgate St Inkster, MI 2.0 1.0 850 $935 $1.10 24d 1 0.39mi
25722 Carlysle St Dearborn Heights, MI 3.0 1.0 1040 $1,450 $1.39 17d 1 0.46mi
3755 Heritage Pkwy Dearborn, MI 2.0 1.0 830 $1,450 $1.75 43d 1 0.50mi
3763 Heritage Pkwy Dearborn, MI 2.0 1.5 1035 $1,450 $1.40 43d 1 0.54mi
3809 Heritage Pkwy Dearborn, MI 2.0 1.5 1035 $1,400 $1.35 43d 1 0.55mi
25016 Lehigh St Dearborn Heights, MI 2.0 1.0 1000 $1,400 $1.40 4d 1 0.59mi
26707 Penn St Inkster, MI 3.0 1.0 900 $1,400 $1.56 4d 1 0.71mi
24684 Lehigh St Dearborn Heights, MI 4.0 1.0 878 $1,600 $1.82 12d 1 0.71mi
26742 Penn St Inkster, MI 3.0 1.0 1000 $1,300 $1.30 16d 1 0.75mi
5845 Michael St Taylor, MI 2.0 1.0 618 $1,325 $2.14 4d 1 0.77mi
24601 Andover Dr Dearborn Heights, MI 3.0 1.5 1092 $1,700 $1.56 1d 1 0.81mi
27139 Penn St Inkster, MI 3.0 1.0 832 $675 $0.81 17d 1 0.91mi
25745 Princeton St Dearborn Heights, MI 3.0 1.0 1080 $1,500 $1.39 10d 1 0.92mi
24442 Union St Dearborn, MI 3.0 1.5 1000 $1,900 $1.90 1d 1 0.98mi
24154 Dartmouth St Dearborn, MI 2.0 1.0 950 $1,275 $1.34 14d 1 1.02mi
4481 Westpoint St Dearborn Heights, MI 3.0 2.0 768 $1,549 $2.02 14d 1 1.19mi
4301 Harriet St Unit A-1 Inkster, MI 2.0 1.5 1000 $1,300 $1.30 43d 1 1.43mi
4167 Isabelle St Inkster, MI 2.0 1.0 900 $1,295 $1.44 17d 1 1.49mi

Listing history 23 events

  1. 2026-06-18
    days on market $99,900 Active 66 DOM
  2. 2026-06-17
    days on market $99,900 Active 65 DOM
  3. 2026-06-16
    days on market $99,900 Active 64 DOM
  4. 2026-06-15
    days on market $99,900 Active 63 DOM
  5. 2026-06-13
    days on market $99,900 Active 61 DOM
  6. 2026-06-13
    days on market $99,900 Active 60 DOM
  7. 2026-06-09
    days on market $99,900 Active 57 DOM
  8. 2026-06-08
    days on market $99,900 Active 56 DOM
  9. 2026-06-07
    days on market $99,900 Active 55 DOM
  10. 2026-06-04
    days on market $99,900 Active 52 DOM
  11. 2026-06-03
    days on market $99,900 Active 51 DOM
  12. 2026-06-02
    days on market $99,900 Active 50 DOM
  13. 2026-06-01
    days on market $99,900 Active 49 DOM
  14. 2026-05-31
    days on market $99,900 Active 48 DOM
  15. 2026-04-13
    listed $99,900 Active
    Show marketing remark (461 chars)

    3 bedroom, 1 bath home ready for immediate occupancy or rental. This property offers solid cash flow potential with an estimated 14% ROI, making it an attractive option for investors seeking strong performance. The practical floor plan and move-in ready condition reduce upfront costs, while also making it a great starter home for first time buyers. A rare opportunity to own a property that works equally well as a primary residence or income producing asset.

  16. 2026-04-13
    listed $99,900 Active 461-char remark
    Show marketing remark (461 chars)

    3 bedroom, 1 bath home ready for immediate occupancy or rental. This property offers solid cash flow potential with an estimated 14% ROI, making it an attractive option for investors seeking strong performance. The practical floor plan and move-in ready condition reduce upfront costs, while also making it a great starter home for first time buyers. A rare opportunity to own a property that works equally well as a primary residence or income producing asset.

  17. 2026-03-30
    historical
  18. 2026-01-12
    listed $99,900 Active
  19. 2026-01-12
    listed $99,900 Active
  20. 2024-01-02
    soldstatus $65,000
  21. 1998-02-24
    soldstatus $26,000
  22. 1997-11-20
    soldstatus $26,000
  23. 1996-11-16
    listed $26,000

ⓘ 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
$1,923 · $160/mo
Projected year-2 tax
$1,923 · $160/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 · 14 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 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
$16,856
− Mortgage interest
−$5,596
− Property taxes
−$1,923
− Insurance
−$500
− Repairs & maintenance
−$1,349
− Management
−$1,349
− Depreciation
−$2,906
Taxable income
$3,235
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$776
After-tax cash flow
$3,831/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
Westwood Community School District
NCES district ID
2611640
Math proficiency
6% ▼ -6.00%
Reading proficiency
11% ▼ -6.00%
Median HH income
$36,350
Composite
7.06/100
National rank
#9967
State rank
#529 of 540 in MI

Livability — Inkster

Score
67/100
State rank
#406
US rank
#11087

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Inkster, MI
County
Wayne County · 1,562,939 people
City population
25,428
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
25,428
Household income
$39,252
Rent vs Own
53.2% rent · 46.8% own
Severe rent burden
1558.0

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 (72%)
Race & ethnicity
Black 72% White 17% Two or more races 7% Hispanic / Latino 2% Asian 1%
Common ancestry
Romanian 3% Slovak 1% Italian 1%
Foreign-born
5% · Canada, China
Languages at home
92% English-only · Arabic 3% Other Asian/Pacific 1% Spanish 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
▼ -11.74%
Current HPI
390.2139
Rent YoY
▲ 2.95%
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

+284.2% since first listed
9 events — show timeline
  • 2026-04-13 Listed $99,900 REALCOMP
  • 2026-04-13 Listed $99,900 MiRealSource-MiMLS
  • 2026-03-30 Listing Removed MiRealSource-MiMLS
  • 2026-01-12 Listed $99,900 REALCOMP
  • 2026-01-12 Listed $99,900 MiRealSource-MiMLS
  • 2024-01-02 Sold (Public Records) $65,000 Public Records
  • 1998-02-24 Sold (Public Records) $26,000 Public Records
  • 1997-11-20 Sold (MLS) $26,000 REALCOMP
  • 1996-11-16 Listed $26,000 REALCOMP

Property tax history

+9.8%/yr

Latest (2025): $1,923 · -28.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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