15384 Kentucky 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 97°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 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 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 +10.2/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Rent growth +4.0/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$69,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
* * INVESTORS * * Add this 4 bedroom, 1.5 bathroom colonial to your rental portfolio today! The property was recently rehabbed and only needs some light TLC to turn it into an excellent rental property! With Section 8 rents for 4 bedroom properties as high as $1,550/month, this property would be a cash-flow machine for you! The property features an updated kitchen, 2 updated bathrooms w/ ceramic tile, vinyl flooring throughout the 1st floor and carpet throughout the 2nd floor, a 3D architectural shingle roof, vinyl windows, an updated 100 amp electrical panel, forced air heating, a carport, a 2-car garage, and so much more! Located in the Fitzgerald neighborhood, which has seen massive infrastructure investments by the city, including a new greenway, new parks, and an updated boulevard on Livernois Ave! Located about a mile away from the U of D Mercy University and about 2 miles from the Avenue of Fashion, which has also seen millions of $$ of public and private investment in the past few years! CASH OR HARD MONEY ONLY, NO SELLER FINANCING. Transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all-cash, privately financed, or HELOC.
Key facts
- Vinyl windows
- Vinyl flooring
- Updated bathrooms
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.5-bath single-family listed at $70k.
Deal economics
- At list price, monthly cash flow is $667 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $70k).
- Recommended offer: $62k (12.0% below list) — sets the bar for market timing.
- Cap rate 17.7% vs local median 10.2% in Detroit — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
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 rising fast (+6.1%/yr); 346 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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).
- At $1,455/mo this rent would consume 52% of the median local household income ($33k/yr) (locally 2172% 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 $483 of loan paydown is wiped out by about $2k 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 + 6.1% rent growth), your $20k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- It's been on market 149 days — a 12% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
- 20 sale attempts since 5y ago; this cycle's ask has dropped $15k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $50k; 40% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 149 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1926 — 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
- 2.08% ✓
- Cap rate
- 17.74%
- Cash-on-cash
- 40.88%
- DSCR
- 2.82
- GRM
- 4.0
CMA / ARV
- ARV (median comp)
- $74,395
- List price
- $69,900
- Delta
- -6.04%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 15396 Kentucky St | 0.02mi | 3/1.5 (-1) | 1,833 (+12%) | 6mo | $132,050 | $72 | 70 |
| 16161 Roselawn St | 0.56mi | 3/1.5 (-1) | 1,666 (+1%) | 1mo | $169,000 | $101 | 66 |
| 16204 Wisconsin St | 0.51mi | 3/1.5 (-1) | 1,536 (-6%) | 1mo | $163,000 | $106 | 59 |
| 16233 Washburn St | 0.55mi | 3/2.0 (-1) | 1,575 (-4%) | 6mo | $195,000 | $124 | 55 |
| 14811 Wisconsin St | 0.41mi | 5/2.0 (+1) | 1,812 (+10%) | 3mo | $143,000 | $79 | 54 |
| 15087 Pinehurst St | 0.45mi | 3/1.0 (-1) | 1,497 (-9%) | 4mo | $55,000 | $37 | 54 |
| 16224 Washburn St | 0.54mi | 3/1.5 (-1) | 1,790 (+9%) | 1mo | $174,999 | $98 | 54 |
| 15767 Northlawn St | 0.33mi | 5/2.0 (+1) | 1,420 (-14%) | 3mo | $55,000 | $39 | 52 |
| 16546 Wisconsin St | 0.62mi | 3/1.0 (-1) | 1,577 (-4%) | 7mo | $77,000 | $49 | 51 |
| 15861 Tuller St | 0.63mi | 5/1.5 (+1) | 1,768 (+8%) | 2mo | $28,000 | $16 | 51 |
| 16500 Griggs St | 0.62mi | 3/1.5 (-1) | 1,427 (-13%) | 4mo | $130,000 | $91 | 41 |
| 15710 Steel St | 0.69mi | 3/1.0 (-1) | 1,445 (-12%) | 5mo | $149,000 | $103 | 37 |
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 · 6.14% rent growth · sell at horizon
- IRR
- 40.9%
- Equity multiple
- 2.83×
- Total profit
- $35,903
- Equity at exit
- $10,422
- IRR
- 48.6%
- Equity multiple
- 6.46×
- Total profit
- $106,793
- Equity at exit
- $6,044
Cash invested: $19,572 (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 48238
- Home prices YoY
- -14.4%
- Rents YoY
- 6.1%
- Active inventory
- 346
- Price-to-rent
- 4.0×
Monthly cashflow live
- Estimated rent
- $1,455 high interval (Pro) →
- Mortgage (P&I)
- −$367
- Tax est. 1.5%
- −$87 /mo · $1,048/yr
- Insurance
- −$29
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$306
- Net cashflow
- $667
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
- $17,475
- Closing costs
- $2,097
- 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 34 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 15756 Ohio St Detroit, MI | 5.0 | 2.0 | 1934 | $1,700 | $0.88 | 24d | 1 | 0.25mi |
| 15457 Cloverlawn St Detroit, MI | 3.0 | 2.0 | 1500 | $1,275 | $0.85 | 24d | 1 | 0.29mi |
| 15708 Birwood St Detroit, MI | 3.0 | 1.0 | 1255 | $1,100 | $0.88 | 5d | 1 | 0.34mi |
| 16183 Wisconsin St Detroit, MI | 3.0 | 1.5 | 1370 | $1,400 | $1.02 | 44d | 1 | 0.49mi |
| 16211 Kentucky St Detroit, MI | 4.0 | 2.0 | 2168 | $1,995 | $0.92 | 17d | 1 | 0.51mi |
| Ohio St Unit 4 Detroit, MI | 4.0 | 1.5 | 1400 | $750 | $0.54 | 44d | 1 | 0.62mi |
| 16546 Wisconsin St Detroit, MI | 3.0 | 1.0 | 1577 | $1,500 | $0.95 | 44d | 1 | 0.62mi |
| 16255 Lilac St Detroit, MI | 3.0 | 1.0 | 1312 | $1,394 | $1.06 | 17d | 1 | 0.78mi |
| 14242 Ohio St Detroit, MI | 4.0 | 1.0 | 1400 | $1,000 | $0.71 | 44d | 1 | 0.81mi |
| 16889 Washburn St Detroit, MI | 3.0 | 1.5 | 1300 | $1,100 | $0.85 | 17d | 1 | 0.83mi |
| 16934 Ilene St Detroit, MI | 3.0 | 1.5 | 1516 | $1,400 | $0.92 | 20d | 1 | 0.88mi |
| 16722 Tuller St Detroit, MI | 3.0 | 1.5 | 1100 | $1,500 | $1.36 | 17d | 1 | 0.94mi |
| 13979 Cherrylawn St Detroit, MI | 3.0 | 1.0 | 1296 | $1,334 | $1.03 | 20d | 1 | 1.00mi |
| 16230 Cheyenne St Detroit, MI | 3.0 | 1.0 | 1653 | $1,450 | $0.88 | 44d | 1 | 1.01mi |
| 14011 Roselawn St Detroit, MI | 4.0 | 1.5 | 1300 | $1,450 | $1.12 | 2d | 1 | 1.01mi |
| 14011 Roselawn St Detroit, MI | 4.0 | 1.5 | 1300 | $1,450 | $1.12 | 17d | 1 | 1.01mi |
| 16582 Santa Rosa Dr Detroit, MI | 3.0 | 1.0 | 1314 | $1,399 | $1.06 | 17d | 1 | 1.03mi |
| 13965 Mendota St Detroit, MI | 3.0 | 1.0 | 1222 | $1,294 | $1.06 | 17d | 1 | 1.07mi |
| 13620 Kentucky St Detroit, MI | 3.0 | 1.0 | 1248 | $1,200 | $0.96 | 5d | 1 | 1.11mi |
| 17163 Prairie St Unit 1B Detroit, MI | 3.0 | 1.5 | 1317 | $1,350 | $1.03 | 44d | 1 | 1.16mi |
| 17368 Woodingham Dr Detroit, MI | 3.0 | 1.5 | 1200 | $1,800 | $1.50 | 44d | 1 | 1.18mi |
| 15387 Lesure St Detroit, MI | 3.0 | 1.0 | 1064 | $1,350 | $1.27 | 12d | 1 | 1.20mi |
| 17145 Santa Rosa Dr Unit 1 Detroit, MI | 3.0 | 1.0 | 1050 | $1,400 | $1.33 | 18d | 1 | 1.22mi |
| 17530 Roselawn St Unit 1 Detroit, MI | 3.0 | 2.0 | 1600 | $2,000 | $1.25 | 24d | 1 | 1.22mi |
| 13620 Tuller St Detroit, MI | 4.0 | 1.0 | 1064 | $1,374 | $1.29 | 12d | 1 | 1.25mi |
| 17540 Pinehurst St Detroit, MI | 3.0 | 1.0 | 1200 | $1,395 | $1.16 | 44d | 1 | 1.26mi |
| 15345 Parkside St Detroit, MI | 3.0 | 1.0 | 1152 | $1,300 | $1.13 | 44d | 1 | 1.35mi |
| 16505 Stansbury St Detroit, MI | 3.0 | 1.0 | 1100 | $1,250 | $1.14 | 11d | 1 | 1.39mi |
| 16505 Stansbury St Detroit, MI | 3.0 | 1.0 | 1700 | $1,345 | $0.79 | 44d | 1 | 1.39mi |
| 14590 Ardmore St Detroit, MI | 3.0 | 1.0 | 1200 | $1,195 | $1.00 | 3d | 1 | 1.44mi |
| 4287 W Grand St Unit 4289 Detroit, MI | 3.0 | 1.0 | 1250 | $1,000 | $0.80 | 44d | 1 | 1.47mi |
| 15762 Mark Twain St Detroit, MI | 3.0 | 2.0 | 1430 | $1,250 | $0.87 | 17d | 1 | 1.47mi |
| 14284 Cruse St Detroit, MI | 3.0 | 1.0 | 1121 | $1,150 | $1.03 | 17d | 1 | 1.50mi |
| 13225 Santa Rosa Dr Detroit, MI | 5.0 | 2.0 | 2100 | $1,700 | $0.81 | 5d | 1 | 1.50mi |
Listing history 50 events
-
2026-06-18days on market $69,900 Active 149 DOM
-
2026-06-17days on market $69,900 Active 148 DOM
-
2026-06-15days on market $69,900 Active 146 DOM
-
2026-06-13days on market $69,900 Active 144 DOM
-
2026-06-13days on market $69,900 Active 143 DOM
-
2026-06-09days on market $69,900 Active 140 DOM
-
2026-06-08days on market $69,900 Active 139 DOM
-
2026-06-07days on market $69,900 Active 138 DOM
-
2026-06-04days on market $69,900 Active 135 DOM
-
2026-06-03days on market $69,900 Active 134 DOM
-
2026-06-01days on market $69,900 Active 132 DOM
-
2026-05-31days on market $69,900 Active 131 DOM
-
2026-05-08price $69,900 1239-char remark
Show marketing remark (1239 chars)
* * INVESTORS * * Add this 4 bedroom, 1.5 bathroom colonial to your rental portfolio today! The property was recently rehabbed and only needs some light TLC to turn it into an excellent rental property! With Section 8 rents for 4 bedroom properties as high as $1,550/month, this property would be a cash-flow machine for you! The property features an updated kitchen, 2 updated bathrooms w/ ceramic tile, vinyl flooring throughout the 1st floor and carpet throughout the 2nd floor, a 3D architectural shingle roof, vinyl windows, an updated 100 amp electrical panel, forced air heating, a carport, a 2-car garage, and so much more! Located in the Fitzgerald neighborhood, which has seen massive infrastructure investments by the city, including a new greenway, new parks, and an updated boulevard on Livernois Ave! Located about a mile away from the U of D Mercy University and about 2 miles from the Avenue of Fashion, which has also seen millions of $$ of public and private investment in the past few years! CASH OR HARD MONEY ONLY, NO SELLER FINANCING. Transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all-cash, privately financed, or HELOC.
-
2026-05-08price $69,900 1239-char remark
Show marketing remark (1239 chars)
* * INVESTORS * * Add this 4 bedroom, 1.5 bathroom colonial to your rental portfolio today! The property was recently rehabbed and only needs some light TLC to turn it into an excellent rental property! With Section 8 rents for 4 bedroom properties as high as $1,550/month, this property would be a cash-flow machine for you! The property features an updated kitchen, 2 updated bathrooms w/ ceramic tile, vinyl flooring throughout the 1st floor and carpet throughout the 2nd floor, a 3D architectural shingle roof, vinyl windows, an updated 100 amp electrical panel, forced air heating, a carport, a 2-car garage, and so much more! Located in the Fitzgerald neighborhood, which has seen massive infrastructure investments by the city, including a new greenway, new parks, and an updated boulevard on Livernois Ave! Located about a mile away from the U of D Mercy University and about 2 miles from the Avenue of Fashion, which has also seen millions of $$ of public and private investment in the past few years! CASH OR HARD MONEY ONLY, NO SELLER FINANCING. Transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all-cash, privately financed, or HELOC.
-
2026-02-11price $79,900 1239-char remark
Show marketing remark (1239 chars)
* * INVESTORS * * Add this 4 bedroom, 1.5 bathroom colonial to your rental portfolio today! The property was recently rehabbed and only needs some light TLC to turn it into an excellent rental property! With Section 8 rents for 4 bedroom properties as high as $1,550/month, this property would be a cash-flow machine for you! The property features an updated kitchen, 2 updated bathrooms w/ ceramic tile, vinyl flooring throughout the 1st floor and carpet throughout the 2nd floor, a 3D architectural shingle roof, vinyl windows, an updated 100 amp electrical panel, forced air heating, a carport, a 2-car garage, and so much more! Located in the Fitzgerald neighborhood, which has seen massive infrastructure investments by the city, including a new greenway, new parks, and an updated boulevard on Livernois Ave! Located about a mile away from the U of D Mercy University and about 2 miles from the Avenue of Fashion, which has also seen millions of $$ of public and private investment in the past few years! CASH OR HARD MONEY ONLY, NO SELLER FINANCING. Transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all-cash, privately financed, or HELOC.
-
2026-02-11price $79,900 1239-char remark
Show marketing remark (1239 chars)
* * INVESTORS * * Add this 4 bedroom, 1.5 bathroom colonial to your rental portfolio today! The property was recently rehabbed and only needs some light TLC to turn it into an excellent rental property! With Section 8 rents for 4 bedroom properties as high as $1,550/month, this property would be a cash-flow machine for you! The property features an updated kitchen, 2 updated bathrooms w/ ceramic tile, vinyl flooring throughout the 1st floor and carpet throughout the 2nd floor, a 3D architectural shingle roof, vinyl windows, an updated 100 amp electrical panel, forced air heating, a carport, a 2-car garage, and so much more! Located in the Fitzgerald neighborhood, which has seen massive infrastructure investments by the city, including a new greenway, new parks, and an updated boulevard on Livernois Ave! Located about a mile away from the U of D Mercy University and about 2 miles from the Avenue of Fashion, which has also seen millions of $$ of public and private investment in the past few years! CASH OR HARD MONEY ONLY, NO SELLER FINANCING. Transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all-cash, privately financed, or HELOC.
-
2026-01-20$84,900 Active 1239-char remark
Show marketing remark (1239 chars)
* * INVESTORS * * Add this 4 bedroom, 1.5 bathroom colonial to your rental portfolio today! The property was recently rehabbed and only needs some light TLC to turn it into an excellent rental property! With Section 8 rents for 4 bedroom properties as high as $1,550/month, this property would be a cash-flow machine for you! The property features an updated kitchen, 2 updated bathrooms w/ ceramic tile, vinyl flooring throughout the 1st floor and carpet throughout the 2nd floor, a 3D architectural shingle roof, vinyl windows, an updated 100 amp electrical panel, forced air heating, a carport, a 2-car garage, and so much more! Located in the Fitzgerald neighborhood, which has seen massive infrastructure investments by the city, including a new greenway, new parks, and an updated boulevard on Livernois Ave! Located about a mile away from the U of D Mercy University and about 2 miles from the Avenue of Fashion, which has also seen millions of $$ of public and private investment in the past few years! CASH OR HARD MONEY ONLY, NO SELLER FINANCING. Transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all-cash, privately financed, or HELOC.
-
2026-01-20$84,900 Active 1239-char remark
Show marketing remark (1239 chars)
* * INVESTORS * * Add this 4 bedroom, 1.5 bathroom colonial to your rental portfolio today! The property was recently rehabbed and only needs some light TLC to turn it into an excellent rental property! With Section 8 rents for 4 bedroom properties as high as $1,550/month, this property would be a cash-flow machine for you! The property features an updated kitchen, 2 updated bathrooms w/ ceramic tile, vinyl flooring throughout the 1st floor and carpet throughout the 2nd floor, a 3D architectural shingle roof, vinyl windows, an updated 100 amp electrical panel, forced air heating, a carport, a 2-car garage, and so much more! Located in the Fitzgerald neighborhood, which has seen massive infrastructure investments by the city, including a new greenway, new parks, and an updated boulevard on Livernois Ave! Located about a mile away from the U of D Mercy University and about 2 miles from the Avenue of Fashion, which has also seen millions of $$ of public and private investment in the past few years! CASH OR HARD MONEY ONLY, NO SELLER FINANCING. Transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all-cash, privately financed, or HELOC.
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2025-04-07historical
-
2025-04-07historical
-
2025-03-28$85,000 Active
-
2025-03-27$85,000 Active
-
2025-02-12historical
-
2025-02-12historical
-
2025-02-11status Active
-
2024-12-23status Pending
-
2024-12-23status Pending
-
2024-09-06price $115,000
-
2024-09-06price $115,000
-
2024-07-25$125,999 Active
-
2024-07-25$125,999 Active
-
2023-10-26soldstatus $49,790
-
2023-10-09status Pending
-
2023-10-09status Pending
-
2023-10-08historical
-
2023-10-08historical
-
2023-09-02status Active
-
2023-09-02status Active
-
2023-08-26status Pending
-
2023-08-26status Pending
-
2023-08-18status Active
-
2023-08-18status Active
-
2023-07-18historical Accepting Backup Offers
-
2023-07-18historical Accepting Backup Offers
-
2023-06-30$41,000 Active
-
2023-06-30$41,000 Active
-
2023-05-01historical
-
2023-05-01historical
-
2022-10-21$54,000 Active
-
2022-10-21$54,000 Active
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
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 · 14 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
- $17,465
- − Mortgage interest
- −$3,915
- − Property taxes
- −$1,048
- − Insurance
- −$350
- − Repairs & maintenance
- −$1,397
- − Management
- −$1,397
- − Depreciation
- −$2,033
- Taxable income
- $7,324
- Est. tax owed @ 24.0%
- −$1,758
- After-tax cash flow
- $6,243/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)
- 24,731
- Household income
- $33,315
- Rent vs Own
- Severe rent burden
- 2172.0
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 (94%)
- Race & ethnicity
- Black 94% Two or more races 3% White 1%
- Foreign-born
- 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
- ▼ -31.96%
- Current HPI
- 189.6227
- Rent YoY
- ▲ 6.14%
- 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
+592.0% since first listed55 events — show timeline
- 2026-05-08 Price Changed $69,900 MiRealSource-MiMLS
- 2026-05-08 Price Changed $69,900 REALCOMP
- 2026-02-11 Price Changed $79,900 MiRealSource-MiMLS
- 2026-02-11 Price Changed $79,900 REALCOMP
- 2026-01-20 Listed $84,900 REALCOMP
- 2026-01-20 Listed $84,900 MiRealSource-MiMLS
- 2025-04-07 Listing Removed — MiRealSource-MiMLS
- 2025-04-07 Listing Removed — REALCOMP
- 2025-03-28 Listed $85,000 REALCOMP
- 2025-03-27 Listed $85,000 MiRealSource-MiMLS
- 2025-02-12 Listing Removed — REALCOMP
- 2025-02-12 Listing Removed — MiRealSource-MiMLS
- 2025-02-11 Relisted — REALCOMP
- 2024-12-23 Pending — MiRealSource-MiMLS
- 2024-12-23 Pending — REALCOMP
- 2024-09-06 Price Changed $115,000 MiRealSource-MiMLS
- 2024-09-06 Price Changed $115,000 REALCOMP
- 2024-07-25 Listed $125,999 MiRealSource-MiMLS
- 2024-07-25 Listed $125,999 REALCOMP
- 2023-10-26 Sold (Public Records) $49,790 Public Records
- 2023-10-09 Pending — MiRealSource-MiMLS
- 2023-10-09 Pending — REALCOMP
- 2023-10-08 Listing Removed — MiRealSource-MiMLS
- 2023-10-08 Listing Removed — REALCOMP
- 2023-09-02 Relisted — MiRealSource-MiMLS
- 2023-09-02 Relisted — REALCOMP
- 2023-08-26 Pending — MiRealSource-MiMLS
- 2023-08-26 Pending — REALCOMP
- 2023-08-18 Relisted — MiRealSource-MiMLS
- 2023-08-18 Relisted — REALCOMP
- 2023-07-18 Contingent — MiRealSource-MiMLS
- 2023-07-18 Contingent — REALCOMP
- 2023-06-30 Listed $41,000 MiRealSource-MiMLS
- 2023-06-30 Listed $41,000 REALCOMP
- 2023-05-01 Listing Removed — MiRealSource-MiMLS
- 2023-05-01 Listing Removed — REALCOMP
- 2022-10-21 Listed $54,000 MiRealSource-MiMLS
- 2022-10-21 Listed $54,000 REALCOMP
- 2022-05-23 Listing Removed — REALCOMP
- 2022-05-22 Listing Removed — MiRealSource-MiMLS
- 2022-05-02 Price Changed $44,800 MiRealSource-MiMLS
- 2022-05-02 Price Changed $44,800 REALCOMP
- 2022-04-15 Relisted — REALCOMP
- 2022-04-12 Listing Removed — REALCOMP
- 2022-02-17 Price Changed $47,800 MiRealSource-MiMLS
- 2022-02-17 Price Changed $47,800 REALCOMP
- 2021-11-17 Listed $54,800 MiRealSource-MiMLS
- 2021-11-17 Listed $54,800 REALCOMP
- 2021-09-25 Listing Removed — REALCOMP
- 2021-09-24 Listing Removed — MiRealSource-MiMLS
- 2021-08-11 Price Changed $55,000 MiRealSource-MiMLS
- 2021-08-11 Price Changed $55,000 REALCOMP
- 2021-08-11 Listed $4,500,000 MiRealSource-MiMLS
- 2021-08-11 Listed $4,500,000 REALCOMP
- 1998-07-29 Sold (Public Records) $10,101 Public Records
Property tax history
+10.2%/yrLatest (2025): $3,929 · -54.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…