18684 Beland St · Detroit, MI 48234

$75,000

3 bd · 1.0 ba · 995 sqft · SingleFamily public records · 23 Days on market

Built 1938 Est $58k · 30% over

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +4.2/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

Key facts

• Built 1938
• Listed 23 days

Property features AI

Exterior

• Home design: Built in 1938; Single-family residence
• Exterior features: Located in the Osborn subdivision

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $494 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $74k (1.5% below list) — sets the bar for market timing.
• Cap rate 14.2% 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 (+6.7%/yr); 226 active listings in the ZIP; 30 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 44% of the median local income ($35k/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 $519 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 + 6.7% rent growth), your $21k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($74k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 23y 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 $50k; list at $75k implies a 50% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1938 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $73,875 (1.5% below list)

Questions for the listing agent

1. Built in 1938 — 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: 1.72% ✓
• Cap rate: 14.20%
• Cash-on-cash: 28.23%
• DSCR: 2.26
• GRM: 4.9

CMA / ARV

• ARV (on-the-fly): $57,710
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18696 Blackmoor St	0.18mi	3/1.0	1,010 (+2%)	0mo	$77,500	$77	89
17892 Runyon St	0.39mi	3/1.5	995 (0%)	2mo	$56,000	$56	79
18104 Runyon St	0.26mi	3/1.0	1,078 (+8%)	0mo	$58,000	$54	74
19140 Algonac St	0.21mi	2/1.0 (-1)	892 (-10%)	1mo	$46,000	$52	67
19361 Beland St	0.36mi	3/1.0	901 (-9%)	2mo	$47,500	$53	66
8212 E Lantz St	0.72mi	3/1.0	989 (-1%)	2mo	$60,000	$61	64
19161 Hamburg St	0.65mi	3/1.0	960 (-4%)	2mo	$116,000	$121	62
18982 Hamburg St	0.64mi	3/1.0	952 (-4%)	3mo	$45,000	$47	61
17650 Beland St	0.51mi	3/1.5	1,094 (+10%)	2mo	$67,000	$61	56
17665 Runyon St	0.51mi	3/2.0	1,096 (+10%)	1mo	$50,000	$46	55
19591 Strasburg St	0.74mi	3/1.5	1,034 (+4%)	3mo	$89,000	$86	55
17401 Albion St	0.60mi	2/1.0 (-1)	865 (-13%)	1mo	$50,000	$58	45

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 · 6.72% rent growth · sell at horizon

5-year hold

• IRR: 26.6%
• Equity multiple: 2.16×
• Total profit: $24,325
• Equity at exit: $11,183

10-year hold

• IRR: 36.4%
• Equity multiple: 5.00×
• Total profit: $83,917
• Equity at exit: $6,485

Cash invested: $21,000 (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 48234

• Home prices YoY: -11.9%
• Rents YoY: 6.7%
• Active inventory: 226
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $1,287 high
• Mortgage (P&I): −$393
• Tax from tax record: −$98 /mo · $1,177/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$270
• Net cashflow: $494

Break-even live

Break-even rent $662

Max offer price $75,000

Occupancy floor 57%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11513 Greiner St Unit 11521 Greiner Detroit, MI	2.0	1.0	942	$1,050	$1.11	43d	1	0.38mi
19335 Hoover St Detroit, MI	2.0	1.0	620	$1,099	$1.77	43d	1	0.39mi
19335 Hoover St Detroit, MI	2.0	1.0	620	$1,099	$1.77	17d	1	0.39mi
18681 Barlow St Detroit, MI	3.0	1.0	1041	$1,400	$1.34	24d	1	0.65mi
17851 Strasburg St Detroit, MI	3.0	1.0	1079	$1,100	$1.02	17d	1	0.67mi
18703 Waltham St Detroit, MI	2.0	1.0	1000	$1,100	$1.10	43d	1	0.71mi
7533 Quinn St Unit 1 Detroit, MI	2.0	1.0	700	$850	$1.21	43d	1	0.91mi
19143 Fairport St Detroit, MI	3.0	1.0	1070	$1,225	$1.14	17d	1	0.93mi
18624 Fairport St Detroit, MI	3.0	1.0	874	$1,450	$1.66	21d	1	0.93mi
18624 Fairport St Unit NA Detroit, MI	3.0	1.0	924	$1,450	$1.57	24d	1	0.93mi
18119 Joann St Detroit, MI	2.0	1.0	800	$1,100	$1.38	24d	1	0.99mi
19170 Joann St Detroit, MI	4.0	1.0	1020	$1,400	$1.37	43d	1	1.02mi
19171 Cliff St Detroit, MI	3.0	1.0	1000	$1,200	$1.20	16d	1	1.03mi
11700 Engleside St Detroit, MI	3.0	1.0	1000	$1,175	$1.18	43d	1	1.06mi
19220 Alcoy St Detroit, MI	3.0	1.0	1023	$1,350	$1.32	17d	1	1.09mi
20091 Barlow St Detroit, MI	3.0	1.0	930	$1,300	$1.40	17d	1	1.10mi
19691 Cliff St #1 Detroit, MI	2.0	1.0	850	$1,050	$1.24	4d	1	1.17mi
20553 Hamburg St Detroit, MI	3.0	1.0	1074	$1,300	$1.21	3d	1	1.25mi
20296 Waltham St Detroit, MI	3.0	1.5	986	$1,300	$1.32	17d	1	1.25mi
20027 Alcoy St Detroit, MI	3.0	1.0	1000	$1,349	$1.35	17d	1	1.32mi
12112 Christy St Unit 12110 Detroit, MI	2.0	1.0	950	$1,200	$1.26	43d	1	1.32mi
12110 Christy St Detroit, MI	2.0	1.5	950	$1,200	$1.26	17d	1	1.33mi
8285 Rivard Ave Warren, MI	3.0	1.0	902	$1,549	$1.72	24d	1	1.35mi
13669 Pfent St Detroit, MI	3.0	2.0	1031	$1,374	$1.33	17d	1	1.35mi
11228 Sherman Ave Warren, MI	2.0	1.0	1000	$1,200	$1.20	12d	1	1.38mi
8242 Jackson Ave Warren, MI	3.0	1.0	840	$1,198	$1.43	43d	1	1.39mi
20242 Hickory St Detroit, MI	3.0	1.0	747	$1,300	$1.74	11d	1	1.48mi
12740 August St Detroit, MI	2.0	1.0	900	$1,300	$1.44	4d	1	1.49mi
12807 Coleen Ave Warren, MI	3.0	1.0	1080	$1,250	$1.16	24d	1	1.49mi
20227 Pelkey St Detroit, MI	3.0	1.0	968	$1,350	$1.39	17d	1	1.49mi

Listing history 50 events

1. 2026-06-18
   days on market $75,000 Active 23 DOM
2. 2026-06-17
   days on market $75,000 Active 22 DOM
3. 2026-06-15
   days on market $75,000 Active 20 DOM
4. 2026-06-13
   days on market $75,000 Active 18 DOM
5. 2026-06-13
   days on market $75,000 Active 17 DOM
6. 2026-06-09
   days on market $75,000 Active 14 DOM
7. 2026-06-08
   days on market $75,000 Active 13 DOM
8. 2026-06-07
   days on market $75,000 Active 12 DOM
9. 2026-06-04
   days on market $75,000 Active 9 DOM
10. 2026-06-03
    days on market $75,000 Active 8 DOM
11. 2026-06-01
    days on market $75,000 Active 6 DOM
12. 2026-05-31
    days on market $75,000 Active 5 DOM
13. 2026-05-26
    listed $75,000 Active
14. 2025-02-26
    soldstatus $50,000
15. 2025-01-24
    soldstatus $50,000 Closed 1010-char remark

    Show marketing remark (1021 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

16. 2025-01-24
    soldstatus $50,000 Closed 1021-char remark

    Show marketing remark (1021 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

17. 2024-12-17
    status Pending 1010-char remark

    Show marketing remark (1010 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

18. 2024-12-13
    status Pending 1021-char remark

    Show marketing remark (1010 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

19. 2024-12-13
    status Pending 1010-char remark

    Show marketing remark (1010 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

20. 2024-09-09
    status Active 1021-char remark

    Show marketing remark (1010 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

21. 2024-09-09
    status Active 1010-char remark

    Show marketing remark (1010 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

22. 2024-07-19
    status Pending 1021-char remark

    Show marketing remark (1010 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

23. 2024-07-19
    status Pending 1010-char remark

    Show marketing remark (1010 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

24. 2024-07-01
    price $69,999 1021-char remark

    Show marketing remark (1010 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

25. 2024-07-01
    price $69,999 1010-char remark

    Show marketing remark (1010 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

26. 2024-05-24
    price $72,500 1021-char remark

    Show marketing remark (1021 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

27. 2024-05-23
    price $72,500 1010-char remark

    Show marketing remark (1010 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

28. 2024-03-11
    price $79,999 1021-char remark

    Show marketing remark (1010 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

29. 2024-03-11
    price $79,999 1010-char remark

    Show marketing remark (1010 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

30. 2023-11-15
    price $82,000 1021-char remark

    Show marketing remark (1021 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

31. 2023-11-14
    price $82,000 1010-char remark

    Show marketing remark (1010 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

32. 2023-07-12
    listed $87,500 Active 1010-char remark

    Show marketing remark (1021 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

33. 2023-07-12
    listed $87,500 Active 1021-char remark

    Show marketing remark (1021 chars)

    We are excited to announce your next investment opportunity. Located in the Mount Olivet Neighborhood of Detroit, this beautiful red brick features 3 bedrooms, 1 bathroom. Living Area 995 Sq Ft, built in 1938. It has Detached Garage of 400 Sq Ft with the capacity of two. This beautiful house is built in a large lot of size 4966 Sq Ft only 0.7 mile away from the Joe Randazzo's Fruit & Vegetable Market, 10 minutes far from Brenda Scott Academy and 2 miles from the Coleman A Young International Airport. Don’t miss out on this great opportunity to invest in your next rental property! Visit our website for more information about this listing! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

34. 2020-12-16
    soldstatus $66,400
35. 2020-09-24
    soldstatus $46,300
36. 2018-04-23
    historical
37. 2018-04-23
    historical
38. 2018-02-07
    price $39,200
39. 2018-02-06
    price $39,200
40. 2018-01-19
    listed $32,900 Active
41. 2018-01-19
    listed $32,900 Active
42. 2014-06-25
    soldstatus $3,000
43. 2014-06-25
    soldstatus $3,000
44. 2014-06-19
    historical
45. 2014-02-20
    listed $9,000
46. 2014-02-20
    listed $9,000
47. 2011-12-22
    soldstatus $55,789
48. 2010-12-03
    soldstatus $7,000
49. 2010-09-08
    listed $7,700
50. 2004-04-09
    soldstatus $64,000

ⓘ 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: $1,177 · $98/mo
• Projected year-2 tax: $1,177 · $98/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 ≥96°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,442
• − Mortgage interest: −$4,201
• − Property taxes: −$1,177
• − Insurance: −$375
• − Repairs & maintenance: −$1,235
• − Management: −$1,235
• − Depreciation: −$2,182
• Taxable income: $5,036
• Est. tax owed @ 24.0%: −$1,209
• After-tax cash flow: $4,719/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

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

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): 32,760
• Household income: $35,322
• Rent vs Own: 47.0% rent · 53.0% own
• Severe rent burden: 2372.0

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% White 3% Two or more races 1%
• Common ancestry: Romanian 1%
• Foreign-born: 2% · Canada, Vietnam, Philippines
• Languages at home: 97% English-only · 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: ▼ -44.65%
• Current HPI: 328.8978
• Rent YoY: ▲ 6.72%
• 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

+29.3% since first listed

42 events — show timeline

• 2026-05-26 Listed $75,000 FSBO.com
• 2025-02-26 Sold (Public Records) $50,000 Public Records
• 2025-01-24 Sold (MLS) $50,000 MiRealSource-MiMLS
• 2025-01-24 Sold (MLS) $50,000 REALCOMP
• 2024-12-17 Pending — REALCOMP
• 2024-12-13 Pending — MiRealSource-MiMLS
• 2024-12-13 Pending — REALCOMP
• 2024-09-09 Relisted — MiRealSource-MiMLS
• 2024-09-09 Relisted — REALCOMP
• 2024-07-19 Pending — MiRealSource-MiMLS
• 2024-07-19 Pending — REALCOMP
• 2024-07-01 Price Changed $69,999 MiRealSource-MiMLS
• 2024-07-01 Price Changed $69,999 REALCOMP
• 2024-05-24 Price Changed $72,500 MiRealSource-MiMLS
• 2024-05-23 Price Changed $72,500 REALCOMP
• 2024-03-11 Price Changed $79,999 MiRealSource-MiMLS
• 2024-03-11 Price Changed $79,999 REALCOMP
• 2023-11-15 Price Changed $82,000 MiRealSource-MiMLS
• 2023-11-14 Price Changed $82,000 REALCOMP
• 2023-07-12 Listed $87,500 MiRealSource-MiMLS
• 2023-07-12 Listed $87,500 REALCOMP
• 2020-12-16 Sold (Public Records) $66,400 Public Records
• 2020-09-24 Sold (Public Records) $46,300 Public Records
• 2018-04-23 Listing Removed — REALCOMP
• 2018-04-23 Listing Removed — MiRealSource-MiMLS
• 2018-02-07 Price Changed $39,200 MiRealSource-MiMLS
• 2018-02-06 Price Changed $39,200 REALCOMP
• 2018-01-19 Listed $32,900 MiRealSource-MiMLS
• 2018-01-19 Listed $32,900 REALCOMP
• 2014-06-25 Sold (MLS) $3,000 REALCOMP
• 2014-06-25 Sold (MLS) $3,000 MiRealSource-MiMLS
• 2014-06-19 Listing Removed — MiRealSource-MiMLS
• 2014-02-20 Listed $9,000 REALCOMP
• 2014-02-20 Listed $9,000 MiRealSource-MiMLS
• 2011-12-22 Sold (Public Records) $55,789 Public Records
• 2010-12-03 Sold (MLS) $7,000 REALCOMP
• 2010-09-08 Listed $7,700 REALCOMP
• 2004-04-09 Sold (MLS) $64,000 REALCOMP
• 2003-11-11 Listed $64,900 REALCOMP
• 2003-10-30 Listing Removed — REALCOMP
• 2003-06-11 Listed $64,900 REALCOMP
• 2001-06-29 Sold (Public Records) $57,983 Public Records

Property tax history

-5.7%/yr

Latest (2025): $1,177 · -37.0% YoY. Source: county tax records.