186 Tyler St · Highland Park, MI 48203

$129,000

3 bd · 1.5 ba · 1,428 sqft · SingleFamily public records · 23 Days on market

Built 1913 3,920 sqft lot ↓ 30% since listing

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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 +24.3/30.0
• DSCR +7.8/10.0
• ARV discount +7.5/15.0
• 1% rule +5.8/10.0
• Schools +5.0/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

* * Investment Opportunity * * Discover the perfect blend of modern updates and classic charm in this move-in ready home in Highland Park. With a tenant in place paying 1,500 per month until June 1st, 2025, this beautifully remodeled property features 3 bedrooms and 2 baths, making it ideal for comfortable living. Step inside to find stunning new vinyl flooring that flows throughout the main level, which includes a spacious living room, a convenient half bath, and a kitchen with stylish new granite countertops. Upstairs, the generous bedrooms are fitted with plush new carpeting, and the finished attic offers versatile space for a home office, playroom, or extra storage. The basement is equipped with a brand new washer and dryer, providing ample storage and laundry space. Plus, the furnace is completely new! This home is not just a great living space but also a smart investment opportunity. Don’t let this chance slip by—schedule your showing today!

Key facts

• 3,920 sq ft lot
• Built 1913
• Listed 22 days

Property features AI

Finance

• Financial info: Property has an existing lease

Exterior

• Utilities: Public water; Natural gas; Gas water heater; Forced air heating
• Home design: Residential 2-story home; Built in 1913; Basement entry level
• Construction: Vinyl siding exterior; Basement foundation
• Exterior features: Fenced yard; Porch; Paved street frontage

Interior

• Kitchen: Kitchen on entry level (12 x 13); Includes range/oven, microwave, refrigerator, dishwasher
• Bedrooms: Bedroom 1 on second level (10 x 12); Bedroom 2 on second level (9 x 11); Bedroom 3 on entry level (approx. 9')
• Bathrooms: One full bathroom and one lavatory (2 total); Main bathroom dimensions approximately 9 x 9; lavatory 8 x 6
• Heating & cooling: Forced air heating; Ceiling fans for cooling; Natural gas fuel source
• Interior features: 9 total rooms; Partially finished basement
• Laundry & utility: Laundry room in basement (10 x 10); Washer and dryer included; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $129k.

Deal economics

• At list price, monthly cash flow is $260 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $129k).
• Recommended offer: $127k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.7% vs local median 14.2% in Highland Park — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 73/100 on livability (#214 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools F, crime F, employment F.
• Market conditions: 218 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 ($38k/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 $892 of loan paydown is wiped out by about $4k 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

• It's been on market 23 days — a 2% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
• 6 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 $91k; 42% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1913 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $127,065 (1.5% below list)

Questions for the listing agent

1. Built in 1913 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.08% ✓
• Cap rate: 8.71%
• Cash-on-cash: 8.63%
• DSCR: 1.38
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $68,544
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
213 Avalon St	0.15mi	3/2.5	1,404 (-2%)	1mo	$139,000	$99	85
186 Tyler St	0.00mi	3/1.5	1,428 (0%)	19mo	$91,000	$64	84
199 Waverly St	0.04mi	3/1.0	1,324 (-7%)	11mo	$35,000	$26	75
219 Waverly St	0.07mi	3/1.0	1,557 (+9%)	6mo	$145,000	$93	75
134 Tyler St	0.10mi	4/1.0 (+1)	1,280 (-10%)	4mo	$28,000	$22	68
189 Tuxedo St	0.67mi	3/1.0	1,425 (-0%)	4mo	$25,000	$18	63
63 Tyler St	0.24mi	3/2.0	1,610 (+13%)	14mo	$220,000	$137	54
1568 Highland St	0.57mi	4/2.0 (+1)	1,344 (-6%)	6mo	$65,000	$48	51
137 Rhode Island St	0.73mi	3/2.0	1,405 (-2%)	12mo	$47,000	$33	51
1689 Tyler St	0.62mi	3/1.5	1,260 (-12%)	6mo	$77,300	$61	46
1563 W Buena Vista St	0.48mi	2/1.0 (-1)	1,312 (-8%)	18mo	$52,000	$40	42
53 Richton St	0.54mi	3/1.0	1,602 (+12%)	16mo	$20,000	$12	39

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -3.2%
• Equity multiple: 0.88×
• Total profit: $-4,366
• Equity at exit: $19,234

10-year hold

• IRR: 6.5%
• Equity multiple: 1.48×
• Total profit: $17,461
• Equity at exit: $11,154

Cash invested: $36,120 (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.

Methodology + full state rankings →

ZIP-level market 48203

• Home prices YoY: -23.3%
• Active inventory: 218
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,390 high
• Mortgage (P&I): −$676
• Tax from tax record: −$108 /mo · $1,296/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $260

Break-even live

Break-even rent $1,061

Max offer price $129,000

Occupancy floor 76%

Sensitivity live

Price	-10% $333	-5% $296	+0% $260	+5% $223	+10% $187
Rent	-10% $150	-5% $205	+0% $260	+5% $315	+10% $370
Rate	-1.0pp $325	-0.5pp $293	base $260	+0.5pp $226	+1.0pp $192

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: $32,250
• Closing costs: $3,870
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
64 Glendale St Highland Park, MI	4.0	1.0	1464	$1,500	$1.02	11d	1	0.30mi
27 Pasadena St Highland Park, MI	2.0	1.0	900	$825	$0.92	44d	1	0.35mi
101 Colorado St Unit NA Highland Park, MI	4.0	1.5	1695	$1,780	$1.05	0d	1	0.63mi
168 Beresford St Highland Park, MI	4.0	1.0	1541	$1,475	$0.96	18d	1	0.69mi
1926 Clements St Unit 1926 Detroit, MI	3.0	1.0	1150	$1,250	$1.09	21d	1	0.72mi
1926 Clements St Detroit, MI	3.0	1.0	1150	$1,150	$1.00	6d	1	0.72mi
165 Rhode Island St Highland Park, MI	4.0	1.5	1639	$1,200	$0.73	18d	1	0.77mi
2285 Cortland St Detroit, MI	2.0	1.0	900	$1,000	$1.11	17d	1	1.00mi
2023 Tuxedo St Detroit, MI	2.0	1.0	950	$1,050	$1.11	25d	1	1.04mi
1427 Calvert Ave Detroit, MI	3.0	1.0	1100	$1,850	$1.68	25d	1	1.07mi
1427 Calvert Ave Detroit, MI	3.0	1.0	1100	$1,750	$1.59	44d	1	1.07mi
326 Eason St Highland Park, MI	3.0	1.0	1256	$1,300	$1.04	18d	1	1.08mi
520 Englewood St Detroit, MI	4.0	1.5	1086	$1,725	$1.59	25d	1	1.09mi
2474 Fullerton St Detroit, MI	3.0	1.0	1400	$1,300	$0.93	16d	1	1.09mi
242 Ferris St Highland Park, MI	3.0	1.0	1192	$1,275	$1.07	0d	1	1.16mi
9844 Woodrow Wilson St Detroit, MI	3.0	1.0	1187	$1,300	$1.10	13d	1	1.18mi
101 Stevens St Highland Park, MI	3.0	1.5	1152	$1,600	$1.39	18d	1	1.18mi
1929 Calvert Ave Unit 2 Detroit, MI	3.0	1.0	1414	$1,199	$0.85	16d	1	1.22mi
2045 Calvert St Detroit, MI	2.0	2.0	1400	$1,600	$1.14	44d	1	1.29mi
2676 Sturtevant St Unit 1 Detroit, MI	2.0	1.0	1000	$1,000	$1.00	25d	1	1.30mi
2638 Richton St Unit 2638 Richton Upper Detroit, MI	2.0	1.0	1000	$900	$0.90	44d	1	1.30mi
613 Belmont St Detroit, MI	3.0	1.0	1100	$1,350	$1.23	18d	1	1.32mi
17550 2nd Ave Detroit, MI	2.0	1.0	1350	$1,150	$0.85	18d	1	1.45mi
505 Westminster St Detroit, MI	3.0	1.0	1700	$1,400	$0.82	18d	1	1.47mi
2634 Lawrence St Detroit, MI	3.0	1.5	1388	$1,600	$1.15	2d	1	1.48mi

Listing history 40 events

1. 2026-06-21
   days on market $129,000 Active 23 DOM
2. 2026-06-18
   days on market $129,000 Active 20 DOM
3. 2026-06-17
   days on market $129,000 Active 19 DOM
4. 2026-06-16
   days on market $129,000 Active 18 DOM
5. 2026-06-15
   days on market $129,000 Active 17 DOM
6. 2026-06-13
   days on market $129,000 Active 15 DOM
7. 2026-06-09
   days on market $129,000 Active 11 DOM
8. 2026-06-08
   days on market $129,000 Active 10 DOM
9. 2026-06-07
   days on market $129,000 Active 9 DOM
10. 2026-06-04
    days on market $129,000 Active 6 DOM
11. 2026-06-03
    days on market $129,000 Active 5 DOM
12. 2026-06-02
    days on market $129,000 Active 4 DOM
13. 2026-06-01
    days on market $129,000 Active 3 DOM
14. 2026-05-31
    days on market $129,000 Active 2 DOM
15. 2026-05-28
    historical $129,000
16. 2024-12-09
    soldstatus $91,000
17. 2024-11-18
    soldstatus $91,000 Sold 976-char remark

    Show marketing remark (976 chars)

    * * Investment Opportunity * * Discover the perfect blend of modern updates and classic charm in this move-in ready home in Highland Park. With a tenant in place paying 1,500 per month until June 1st, 2025, this beautifully remodeled property features 3 bedrooms and 2 baths, making it ideal for comfortable living. Step inside to find stunning new vinyl flooring that flows throughout the main level, which includes a spacious living room, a convenient half bath, and a kitchen with stylish new granite countertops. Upstairs, the generous bedrooms are fitted with plush new carpeting, and the finished attic offers versatile space for a home office, playroom, or extra storage. The basement is equipped with a brand new washer and dryer, providing ample storage and laundry space. Plus, the furnace is completely new! This home is not just a great living space but also a smart investment opportunity. Don’t let this chance slip by—schedule your showing today!

18. 2024-11-18
    soldstatus $91,000 Closed

    Show marketing remark (976 chars)

    * * Investment Opportunity * * Discover the perfect blend of modern updates and classic charm in this move-in ready home in Highland Park. With a tenant in place paying 1,500 per month until June 1st, 2025, this beautifully remodeled property features 3 bedrooms and 2 baths, making it ideal for comfortable living. Step inside to find stunning new vinyl flooring that flows throughout the main level, which includes a spacious living room, a convenient half bath, and a kitchen with stylish new granite countertops. Upstairs, the generous bedrooms are fitted with plush new carpeting, and the finished attic offers versatile space for a home office, playroom, or extra storage. The basement is equipped with a brand new washer and dryer, providing ample storage and laundry space. Plus, the furnace is completely new! This home is not just a great living space but also a smart investment opportunity. Don’t let this chance slip by—schedule your showing today!

19. 2024-10-23
    status Pending

    Show marketing remark (976 chars)

    * * Investment Opportunity * * Discover the perfect blend of modern updates and classic charm in this move-in ready home in Highland Park. With a tenant in place paying 1,500 per month until June 1st, 2025, this beautifully remodeled property features 3 bedrooms and 2 baths, making it ideal for comfortable living. Step inside to find stunning new vinyl flooring that flows throughout the main level, which includes a spacious living room, a convenient half bath, and a kitchen with stylish new granite countertops. Upstairs, the generous bedrooms are fitted with plush new carpeting, and the finished attic offers versatile space for a home office, playroom, or extra storage. The basement is equipped with a brand new washer and dryer, providing ample storage and laundry space. Plus, the furnace is completely new! This home is not just a great living space but also a smart investment opportunity. Don’t let this chance slip by—schedule your showing today!

20. 2024-10-23
    status Pending 976-char remark

    Show marketing remark (976 chars)

    * * Investment Opportunity * * Discover the perfect blend of modern updates and classic charm in this move-in ready home in Highland Park. With a tenant in place paying 1,500 per month until June 1st, 2025, this beautifully remodeled property features 3 bedrooms and 2 baths, making it ideal for comfortable living. Step inside to find stunning new vinyl flooring that flows throughout the main level, which includes a spacious living room, a convenient half bath, and a kitchen with stylish new granite countertops. Upstairs, the generous bedrooms are fitted with plush new carpeting, and the finished attic offers versatile space for a home office, playroom, or extra storage. The basement is equipped with a brand new washer and dryer, providing ample storage and laundry space. Plus, the furnace is completely new! This home is not just a great living space but also a smart investment opportunity. Don’t let this chance slip by—schedule your showing today!

21. 2024-10-19
    status Active

    Show marketing remark (976 chars)

    * * Investment Opportunity * * Discover the perfect blend of modern updates and classic charm in this move-in ready home in Highland Park. With a tenant in place paying 1,500 per month until June 1st, 2025, this beautifully remodeled property features 3 bedrooms and 2 baths, making it ideal for comfortable living. Step inside to find stunning new vinyl flooring that flows throughout the main level, which includes a spacious living room, a convenient half bath, and a kitchen with stylish new granite countertops. Upstairs, the generous bedrooms are fitted with plush new carpeting, and the finished attic offers versatile space for a home office, playroom, or extra storage. The basement is equipped with a brand new washer and dryer, providing ample storage and laundry space. Plus, the furnace is completely new! This home is not just a great living space but also a smart investment opportunity. Don’t let this chance slip by—schedule your showing today!

22. 2024-10-19
    status Active 976-char remark

    Show marketing remark (976 chars)

    * * Investment Opportunity * * Discover the perfect blend of modern updates and classic charm in this move-in ready home in Highland Park. With a tenant in place paying 1,500 per month until June 1st, 2025, this beautifully remodeled property features 3 bedrooms and 2 baths, making it ideal for comfortable living. Step inside to find stunning new vinyl flooring that flows throughout the main level, which includes a spacious living room, a convenient half bath, and a kitchen with stylish new granite countertops. Upstairs, the generous bedrooms are fitted with plush new carpeting, and the finished attic offers versatile space for a home office, playroom, or extra storage. The basement is equipped with a brand new washer and dryer, providing ample storage and laundry space. Plus, the furnace is completely new! This home is not just a great living space but also a smart investment opportunity. Don’t let this chance slip by—schedule your showing today!

23. 2024-10-09
    historical Accepting Backup Offers

    Show marketing remark (976 chars)

    * * Investment Opportunity * * Discover the perfect blend of modern updates and classic charm in this move-in ready home in Highland Park. With a tenant in place paying 1,500 per month until June 1st, 2025, this beautifully remodeled property features 3 bedrooms and 2 baths, making it ideal for comfortable living. Step inside to find stunning new vinyl flooring that flows throughout the main level, which includes a spacious living room, a convenient half bath, and a kitchen with stylish new granite countertops. Upstairs, the generous bedrooms are fitted with plush new carpeting, and the finished attic offers versatile space for a home office, playroom, or extra storage. The basement is equipped with a brand new washer and dryer, providing ample storage and laundry space. Plus, the furnace is completely new! This home is not just a great living space but also a smart investment opportunity. Don’t let this chance slip by—schedule your showing today!

24. 2024-10-09
    historical Accepting Backup Offers 976-char remark

    Show marketing remark (976 chars)

    * * Investment Opportunity * * Discover the perfect blend of modern updates and classic charm in this move-in ready home in Highland Park. With a tenant in place paying 1,500 per month until June 1st, 2025, this beautifully remodeled property features 3 bedrooms and 2 baths, making it ideal for comfortable living. Step inside to find stunning new vinyl flooring that flows throughout the main level, which includes a spacious living room, a convenient half bath, and a kitchen with stylish new granite countertops. Upstairs, the generous bedrooms are fitted with plush new carpeting, and the finished attic offers versatile space for a home office, playroom, or extra storage. The basement is equipped with a brand new washer and dryer, providing ample storage and laundry space. Plus, the furnace is completely new! This home is not just a great living space but also a smart investment opportunity. Don’t let this chance slip by—schedule your showing today!

25. 2024-09-16
    price $99,900

    Show marketing remark (976 chars)

    * * Investment Opportunity * * Discover the perfect blend of modern updates and classic charm in this move-in ready home in Highland Park. With a tenant in place paying 1,500 per month until June 1st, 2025, this beautifully remodeled property features 3 bedrooms and 2 baths, making it ideal for comfortable living. Step inside to find stunning new vinyl flooring that flows throughout the main level, which includes a spacious living room, a convenient half bath, and a kitchen with stylish new granite countertops. Upstairs, the generous bedrooms are fitted with plush new carpeting, and the finished attic offers versatile space for a home office, playroom, or extra storage. The basement is equipped with a brand new washer and dryer, providing ample storage and laundry space. Plus, the furnace is completely new! This home is not just a great living space but also a smart investment opportunity. Don’t let this chance slip by—schedule your showing today!

26. 2024-09-16
    price $99,900 976-char remark

    Show marketing remark (976 chars)

    * * Investment Opportunity * * Discover the perfect blend of modern updates and classic charm in this move-in ready home in Highland Park. With a tenant in place paying 1,500 per month until June 1st, 2025, this beautifully remodeled property features 3 bedrooms and 2 baths, making it ideal for comfortable living. Step inside to find stunning new vinyl flooring that flows throughout the main level, which includes a spacious living room, a convenient half bath, and a kitchen with stylish new granite countertops. Upstairs, the generous bedrooms are fitted with plush new carpeting, and the finished attic offers versatile space for a home office, playroom, or extra storage. The basement is equipped with a brand new washer and dryer, providing ample storage and laundry space. Plus, the furnace is completely new! This home is not just a great living space but also a smart investment opportunity. Don’t let this chance slip by—schedule your showing today!

27. 2024-09-03
    price $120,000

    Show marketing remark (976 chars)

    * * Investment Opportunity * * Discover the perfect blend of modern updates and classic charm in this move-in ready home in Highland Park. With a tenant in place paying 1,500 per month until June 1st, 2025, this beautifully remodeled property features 3 bedrooms and 2 baths, making it ideal for comfortable living. Step inside to find stunning new vinyl flooring that flows throughout the main level, which includes a spacious living room, a convenient half bath, and a kitchen with stylish new granite countertops. Upstairs, the generous bedrooms are fitted with plush new carpeting, and the finished attic offers versatile space for a home office, playroom, or extra storage. The basement is equipped with a brand new washer and dryer, providing ample storage and laundry space. Plus, the furnace is completely new! This home is not just a great living space but also a smart investment opportunity. Don’t let this chance slip by—schedule your showing today!

28. 2024-09-03
    price $120,000 976-char remark

    Show marketing remark (976 chars)

    * * Investment Opportunity * * Discover the perfect blend of modern updates and classic charm in this move-in ready home in Highland Park. With a tenant in place paying 1,500 per month until June 1st, 2025, this beautifully remodeled property features 3 bedrooms and 2 baths, making it ideal for comfortable living. Step inside to find stunning new vinyl flooring that flows throughout the main level, which includes a spacious living room, a convenient half bath, and a kitchen with stylish new granite countertops. Upstairs, the generous bedrooms are fitted with plush new carpeting, and the finished attic offers versatile space for a home office, playroom, or extra storage. The basement is equipped with a brand new washer and dryer, providing ample storage and laundry space. Plus, the furnace is completely new! This home is not just a great living space but also a smart investment opportunity. Don’t let this chance slip by—schedule your showing today!

29. 2024-08-23
    listed $134,900 Active 976-char remark

    Show marketing remark (976 chars)

    * * Investment Opportunity * * Discover the perfect blend of modern updates and classic charm in this move-in ready home in Highland Park. With a tenant in place paying 1,500 per month until June 1st, 2025, this beautifully remodeled property features 3 bedrooms and 2 baths, making it ideal for comfortable living. Step inside to find stunning new vinyl flooring that flows throughout the main level, which includes a spacious living room, a convenient half bath, and a kitchen with stylish new granite countertops. Upstairs, the generous bedrooms are fitted with plush new carpeting, and the finished attic offers versatile space for a home office, playroom, or extra storage. The basement is equipped with a brand new washer and dryer, providing ample storage and laundry space. Plus, the furnace is completely new! This home is not just a great living space but also a smart investment opportunity. Don’t let this chance slip by—schedule your showing today!

30. 2024-08-23
    listed $134,900 Active

    Show marketing remark (976 chars)

    * * Investment Opportunity * * Discover the perfect blend of modern updates and classic charm in this move-in ready home in Highland Park. With a tenant in place paying 1,500 per month until June 1st, 2025, this beautifully remodeled property features 3 bedrooms and 2 baths, making it ideal for comfortable living. Step inside to find stunning new vinyl flooring that flows throughout the main level, which includes a spacious living room, a convenient half bath, and a kitchen with stylish new granite countertops. Upstairs, the generous bedrooms are fitted with plush new carpeting, and the finished attic offers versatile space for a home office, playroom, or extra storage. The basement is equipped with a brand new washer and dryer, providing ample storage and laundry space. Plus, the furnace is completely new! This home is not just a great living space but also a smart investment opportunity. Don’t let this chance slip by—schedule your showing today!

31. 2023-11-18
    historical
32. 2023-11-18
    historical
33. 2023-10-10
    price $160,000
34. 2023-10-10
    price $160,000
35. 2023-08-15
    price $175,000
36. 2023-08-15
    price $175,000
37. 2023-07-28
    listed $185,000 Active
38. 2023-07-28
    listed $185,000 Active
39. 2023-07-26
    historical
40. 2023-07-26
    historical

ⓘ 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: $1,296 · $108/mo
• Projected year-2 tax: $1,641 · $137/mo
• Expected delta: +$345/yr (+$29/mo · 26.7%)

ⓘ 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 ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,679
• − Mortgage interest: −$7,226
• − Property taxes: −$1,296
• − Insurance: −$645
• − Repairs & maintenance: −$1,334
• − Management: −$1,334
• − Depreciation: −$3,753
• Taxable income: $1,091
• Est. tax owed @ 24.0%: −$262
• After-tax cash flow: $2,856/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)

No district data.

Livability — Highland Park

• Score: 73/100
• State rank: #214
• US rank: #5271

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Highland Park, MI
• County: Wayne County · 1,562,939 people
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 20,049
• Household income: $38,404
• Rent vs Own: 48.7% rent · 51.3% own
• Severe rent burden: 1192.0

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 (85%)
• Race & ethnicity: Black 85% White 8% Two or more races 5% Hispanic / Latino 2%
• Common ancestry: Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 3% 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: ▼ -90.13%
• Current HPI: 297.0176
• Rent YoY: —
• 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
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

-30.3% since first listed

26 events — show timeline

• 2026-05-28 Coming Soon $129,000 MiRealSource-MiMLS
• 2024-12-09 Sold (Public Records) $91,000 Public Records
• 2024-11-18 Sold (MLS) $91,000 MiRealSource-MiMLS
• 2024-11-18 Sold (MLS) $91,000 REALCOMP
• 2024-10-23 Pending — MiRealSource-MiMLS
• 2024-10-23 Pending — REALCOMP
• 2024-10-19 Relisted — MiRealSource-MiMLS
• 2024-10-19 Relisted — REALCOMP
• 2024-10-09 Contingent — MiRealSource-MiMLS
• 2024-10-09 Contingent — REALCOMP
• 2024-09-16 Price Changed $99,900 MiRealSource-MiMLS
• 2024-09-16 Price Changed $99,900 REALCOMP
• 2024-09-03 Price Changed $120,000 MiRealSource-MiMLS
• 2024-09-03 Price Changed $120,000 REALCOMP
• 2024-08-23 Listed $134,900 MiRealSource-MiMLS
• 2024-08-23 Listed $134,900 REALCOMP
• 2023-11-18 Listing Removed — REALCOMP
• 2023-11-18 Listing Removed — MiRealSource-MiMLS
• 2023-10-10 Price Changed $160,000 MiRealSource-MiMLS
• 2023-10-10 Price Changed $160,000 REALCOMP
• 2023-08-15 Price Changed $175,000 MiRealSource-MiMLS
• 2023-08-15 Price Changed $175,000 REALCOMP
• 2023-07-28 Listed $185,000 MiRealSource-MiMLS
• 2023-07-28 Listed $185,000 REALCOMP
• 2023-07-26 Coming Soon — MiRealSource-MiMLS
• 2023-07-26 Coming Soon — REALCOMP

Property tax history

+4.0%/yr

Latest (2025): $1,296 · -18.5% YoY. Source: county tax records.