26051 Lehigh St · Inkster, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
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
- 14 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 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
- 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
🖨 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
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.
Questions for the listing agent
- 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?
- Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 1.41% ✓
- 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
- IRR
- 7.5%
- Equity multiple
- 1.29×
- Total profit
- $8,239
- Equity at exit
- $14,895
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-18days on market $99,900 Active 66 DOM
-
2026-06-17days on market $99,900 Active 65 DOM
-
2026-06-16days on market $99,900 Active 64 DOM
-
2026-06-15days on market $99,900 Active 63 DOM
-
2026-06-13days on market $99,900 Active 61 DOM
-
2026-06-13days on market $99,900 Active 60 DOM
-
2026-06-09days on market $99,900 Active 57 DOM
-
2026-06-08days on market $99,900 Active 56 DOM
-
2026-06-07days on market $99,900 Active 55 DOM
-
2026-06-04days on market $99,900 Active 52 DOM
-
2026-06-03days on market $99,900 Active 51 DOM
-
2026-06-02days on market $99,900 Active 50 DOM
-
2026-06-01days on market $99,900 Active 49 DOM
-
2026-05-31days on market $99,900 Active 48 DOM
-
2026-04-13$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.
-
2026-04-13$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.
-
2026-03-30historical
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2026-01-12$99,900 Active
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2026-01-12$99,900 Active
-
2024-01-02soldstatus $65,000
-
1998-02-24soldstatus $26,000
-
1997-11-20soldstatus $26,000
-
1996-11-16$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
- 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
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
- 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 |
|---|---|---|
| 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
+284.2% since first listed9 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%/yrLatest (2025): $1,923 · -28.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…