23346 Hoover Rd · Warren, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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 +20.3/30.0
- ARV discount +8.3/15.0
- 1% rule +6.5/10.0
- DSCR +6.4/10.0
- Livability +3.7/5.0
- Rent growth +3.2/5.0
- Condition / age +2.5/5.0
- Schools +1.0/10.0
- Appreciation +0.0/10.0
$129,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Spacious four-bedroom home located in a convenient Warren neighborhood! This property features fresh paint and brand-new carpet throughout, making it move-in ready. Enjoy a large, fully fenced backyard, perfect for entertaining, pets, or outdoor activities. The functional floor plan offers generous living space and flexibility for a variety of needs. Conveniently located near shopping, dining, schools, and major freeways for an easy commute. A great opportunity for both homeowners and investors alike - schedule your showing today! BATVAI
Key facts
- Fresh paint
- Brand-new carpet
- 0.43 acre lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.5-bath single-family listed at $129k.
Deal economics
- At list price, monthly cash flow is $164 ($2k/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: $121k (6.0% below list) — sets the bar for market timing.
- Cap rate 7.8% vs local median 5.3% in Warren — 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 74/100 on livability (#171 in MI, #4,491 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D, amenities D, employment D.
- Van Dyke Public Schools (urban): math 7% / reading 19% proficiency, ranked #512 of 540 in MI (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising (+2.9%/yr); 160 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 1,321 units permitted in Macomb County in 2024 (86 in 5+ unit buildings).
- This rent runs 34% of the median local income ($52k/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.
- Macomb County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 63 days — a 6% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
- 11 sale attempts since 23y ago; this cycle's ask has dropped $11k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $100k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: property tax is 2.5% of price; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 63 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- 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 D-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 D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.15% ✓
- Cap rate
- 7.82%
- Cash-on-cash
- 5.46%
- DSCR
- 1.24
- GRM
- 7.3
CMA / ARV
- ARV (on-the-fly)
- $131,355
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 12110 Belmont Ave | 0.24mi | 3/1.0 (-1) | 912 (-4%) | 4mo | $143,000 | $157 | 73 |
| 11108 Essex Ave | 0.45mi | 3/1.0 (-1) | 946 (+0%) | 0mo | $114,900 | $121 | 72 |
| 11051 Timken Ave | 0.48mi | 3/1.0 (-1) | 960 (+2%) | 3mo | $125,000 | $130 | 65 |
| 11339 Ford Ave | 0.47mi | 4/1.5 | 1,015 (+7%) | 2mo | $130,000 | $128 | 65 |
| 8732 Jewett Ave | 0.57mi | 3/1.0 (-1) | 960 (+2%) | 3mo | $140,000 | $146 | 61 |
| 11219 Maxwell Ave | 0.46mi | 3/1.0 (-1) | 894 (-5%) | 3mo | $116,000 | $130 | 60 |
| 8725 Packard Ave | 0.73mi | 3/1.0 (-1) | 925 (-2%) | 2mo | $135,000 | $146 | 54 |
| 11245 Hudson Ave | 0.63mi | 3/1.0 (-1) | 996 (+5%) | 2mo | $72,500 | $73 | 53 |
| 8654 Continental Ave | 0.62mi | 3/1.0 (-1) | 1,008 (+7%) | 1mo | $103,000 | $102 | 52 |
| 8659 Essex Ave | 0.63mi | 3/1.0 (-1) | 1,034 (+9%) | 2mo | $150,000 | $145 | 46 |
| 11169 Ocalla Dr | 0.56mi | 3/1.0 (-1) | 1,064 (+13%) | 2mo | $160,000 | $150 | 44 |
| 24344 Rosemarie Ave | 0.69mi | 3/1.0 (-1) | 1,064 (+13%) | 2mo | $148,000 | $139 | 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 · 2.94% rent growth · sell at horizon
- IRR
- -7.8%
- Equity multiple
- 0.71×
- Total profit
- $-10,427
- Equity at exit
- $19,234
- IRR
- 1.7%
- Equity multiple
- 1.12×
- Total profit
- $4,414
- 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
ZIP-level market 48089
- Rents YoY
- 2.9%
- Active inventory
- 160
- Price-to-rent
- 7.3×
Monthly cashflow live
- Estimated rent
- $1,479 high interval (Pro) →
- Mortgage (P&I)
- −$676
- Tax from tax record
- −$273 /mo · $3,281/yr
- Insurance
- −$54
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$311
- Net cashflow
- $164
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
- $32,250
- Closing costs
- $3,870
- 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 23 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 11076 Essex Ave Warren, MI | 4.0 | 1.0 | 1072 | $1,400 | $1.31 | 43d | 1 | 0.50mi |
| 8716 Timken Ave Warren, MI | 3.0 | 1.0 | 1008 | $1,400 | $1.39 | 24d | 1 | 0.58mi |
| 8707 Continental Ave Warren, MI | 3.0 | 1.0 | 1100 | $1,200 | $1.09 | 5d | 1 | 0.59mi |
| 8707 Continental Ave Warren, MI | 3.0 | 1.0 | 968 | $1,200 | $1.24 | 17d | 1 | 0.59mi |
| 8693 Paige Ave Warren, MI | 3.0 | 1.0 | 900 | $1,300 | $1.44 | 24d | 1 | 0.62mi |
| 11319 Chalmers Ave Warren, MI | 3.0 | 1.0 | 975 | $1,500 | $1.54 | 24d | 1 | 0.69mi |
| 11076 Hudson Ave Warren, MI | 3.0 | 1.0 | 936 | $1,395 | $1.49 | 3d | 1 | 0.71mi |
| 8509 Paige Ave Warren, MI | 3.0 | 1.0 | 950 | $1,300 | $1.37 | 24d | 1 | 0.73mi |
| 8428 Timken Ave Warren, MI | 3.0 | 1.0 | 860 | $1,250 | $1.45 | 24d | 1 | 0.80mi |
| 22852 Sharrow Ave Warren, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 5d | 1 | 0.82mi |
| 8632 Studebaker Ave Warren, MI | 3.0 | 1.0 | 761 | $1,300 | $1.71 | 3d | 1 | 0.89mi |
| 8640 Chalmers Ave Warren, MI | 3.0 | 1.0 | 804 | $1,423 | $1.77 | 24d | 1 | 0.91mi |
| 25146 Wagner Ave Warren, MI | 3.0 | 1.0 | 906 | $1,900 | $2.10 | 24d | 1 | 0.98mi |
| 8125 Timken Ave Warren, MI | 3.0 | 1.0 | 948 | $1,270 | $1.34 | 5d | 1 | 0.99mi |
| 13050 Couwlier Ave Warren, MI | 3.0 | 1.0 | 850 | $1,350 | $1.59 | 24d | 1 | 1.01mi |
| 8251 Hudson Ave Warren, MI | 3.0 | 1.0 | 908 | $1,400 | $1.54 | 24d | 1 | 1.04mi |
| 12846 Georgiana Ave Warren, MI | 3.0 | 1.0 | 912 | $1,300 | $1.43 | 24d | 1 | 1.23mi |
| 12807 Coleen Ave Warren, MI | 3.0 | 1.0 | 1080 | $1,250 | $1.16 | 24d | 1 | 1.24mi |
| 20553 Hamburg St Detroit, MI | 3.0 | 1.0 | 1074 | $1,300 | $1.21 | 3d | 1 | 1.28mi |
| 8285 Rivard Ave Warren, MI | 3.0 | 1.0 | 902 | $1,549 | $1.72 | 24d | 1 | 1.39mi |
| 8242 Jackson Ave Warren, MI | 3.0 | 1.0 | 840 | $1,198 | $1.43 | 43d | 1 | 1.39mi |
| 7511 Toepfer Rd Warren, MI | 3.0 | 1.0 | 1032 | $1,199 | $1.16 | 21d | 1 | 1.40mi |
| 20296 Waltham St Detroit, MI | 3.0 | 1.5 | 986 | $1,300 | $1.32 | 17d | 1 | 1.41mi |
Listing history 33 events
-
2026-04-08status Pending 543-char remark
Show marketing remark (543 chars)
Spacious four-bedroom home located in a convenient Warren neighborhood! This property features fresh paint and brand-new carpet throughout, making it move-in ready. Enjoy a large, fully fenced backyard, perfect for entertaining, pets, or outdoor activities. The functional floor plan offers generous living space and flexibility for a variety of needs. Conveniently located near shopping, dining, schools, and major freeways for an easy commute. A great opportunity for both homeowners and investors alike - schedule your showing today! BATVAI
-
2026-04-08status Pending
Show marketing remark (543 chars)
Spacious four-bedroom home located in a convenient Warren neighborhood! This property features fresh paint and brand-new carpet throughout, making it move-in ready. Enjoy a large, fully fenced backyard, perfect for entertaining, pets, or outdoor activities. The functional floor plan offers generous living space and flexibility for a variety of needs. Conveniently located near shopping, dining, schools, and major freeways for an easy commute. A great opportunity for both homeowners and investors alike - schedule your showing today! BATVAI
-
2026-03-07price $129,000 543-char remark
Show marketing remark (543 chars)
Spacious four-bedroom home located in a convenient Warren neighborhood! This property features fresh paint and brand-new carpet throughout, making it move-in ready. Enjoy a large, fully fenced backyard, perfect for entertaining, pets, or outdoor activities. The functional floor plan offers generous living space and flexibility for a variety of needs. Conveniently located near shopping, dining, schools, and major freeways for an easy commute. A great opportunity for both homeowners and investors alike - schedule your showing today! BATVAI
-
2026-03-07price $130,000 543-char remark
Show marketing remark (543 chars)
Spacious four-bedroom home located in a convenient Warren neighborhood! This property features fresh paint and brand-new carpet throughout, making it move-in ready. Enjoy a large, fully fenced backyard, perfect for entertaining, pets, or outdoor activities. The functional floor plan offers generous living space and flexibility for a variety of needs. Conveniently located near shopping, dining, schools, and major freeways for an easy commute. A great opportunity for both homeowners and investors alike - schedule your showing today! BATVAI
-
2026-03-06price $129,000
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2026-03-06price $130,000
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2026-02-21price $137,400 543-char remark
Show marketing remark (543 chars)
Spacious four-bedroom home located in a convenient Warren neighborhood! This property features fresh paint and brand-new carpet throughout, making it move-in ready. Enjoy a large, fully fenced backyard, perfect for entertaining, pets, or outdoor activities. The functional floor plan offers generous living space and flexibility for a variety of needs. Conveniently located near shopping, dining, schools, and major freeways for an easy commute. A great opportunity for both homeowners and investors alike - schedule your showing today! BATVAI
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2026-02-20price $137,400
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2026-02-04$139,900 Active 543-char remark
Show marketing remark (543 chars)
Spacious four-bedroom home located in a convenient Warren neighborhood! This property features fresh paint and brand-new carpet throughout, making it move-in ready. Enjoy a large, fully fenced backyard, perfect for entertaining, pets, or outdoor activities. The functional floor plan offers generous living space and flexibility for a variety of needs. Conveniently located near shopping, dining, schools, and major freeways for an easy commute. A great opportunity for both homeowners and investors alike - schedule your showing today! BATVAI
-
2026-02-04$139,900 Active
Show marketing remark (543 chars)
Spacious four-bedroom home located in a convenient Warren neighborhood! This property features fresh paint and brand-new carpet throughout, making it move-in ready. Enjoy a large, fully fenced backyard, perfect for entertaining, pets, or outdoor activities. The functional floor plan offers generous living space and flexibility for a variety of needs. Conveniently located near shopping, dining, schools, and major freeways for an easy commute. A great opportunity for both homeowners and investors alike - schedule your showing today! BATVAI
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2022-10-05soldstatus $100,000 Sold 650-char remark
Show marketing remark (650 chars)
* * Land Contract available 20% down and 9% interest. The monthly payment is an estimate and doesn't include taxes and insurance. * * Welcome Home! This adorable 4 bedroom, 2 bath, corner lot bungalow is perfect for 1st homebuyer and/ or investor. Spacious living room. Nice size updated kitchen. Freshly painted. Hardwood flooring throughout. Plumbing and toilet in the basement for potential bathroom. Cute covered front porch. Large privacy fenced backyard, great for entertaining. Lots of natural shading and privacy. New furnace and waterproofing. Enormous lot adjacent to the backyard. Truly a must-see! Schedule your showing today online.
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2022-10-05soldstatus $100,000 Closed
Show marketing remark (650 chars)
* * Land Contract available 20% down and 9% interest. The monthly payment is an estimate and doesn't include taxes and insurance. * * Welcome Home! This adorable 4 bedroom, 2 bath, corner lot bungalow is perfect for 1st homebuyer and/ or investor. Spacious living room. Nice size updated kitchen. Freshly painted. Hardwood flooring throughout. Plumbing and toilet in the basement for potential bathroom. Cute covered front porch. Large privacy fenced backyard, great for entertaining. Lots of natural shading and privacy. New furnace and waterproofing. Enormous lot adjacent to the backyard. Truly a must-see! Schedule your showing today online.
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2022-08-24status Pending
Show marketing remark (650 chars)
* * Land Contract available 20% down and 9% interest. The monthly payment is an estimate and doesn't include taxes and insurance. * * Welcome Home! This adorable 4 bedroom, 2 bath, corner lot bungalow is perfect for 1st homebuyer and/ or investor. Spacious living room. Nice size updated kitchen. Freshly painted. Hardwood flooring throughout. Plumbing and toilet in the basement for potential bathroom. Cute covered front porch. Large privacy fenced backyard, great for entertaining. Lots of natural shading and privacy. New furnace and waterproofing. Enormous lot adjacent to the backyard. Truly a must-see! Schedule your showing today online.
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2022-08-24status Pending 650-char remark
Show marketing remark (650 chars)
* * Land Contract available 20% down and 9% interest. The monthly payment is an estimate and doesn't include taxes and insurance. * * Welcome Home! This adorable 4 bedroom, 2 bath, corner lot bungalow is perfect for 1st homebuyer and/ or investor. Spacious living room. Nice size updated kitchen. Freshly painted. Hardwood flooring throughout. Plumbing and toilet in the basement for potential bathroom. Cute covered front porch. Large privacy fenced backyard, great for entertaining. Lots of natural shading and privacy. New furnace and waterproofing. Enormous lot adjacent to the backyard. Truly a must-see! Schedule your showing today online.
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2022-08-11historical Accepting Backup Offers
Show marketing remark (650 chars)
* * Land Contract available 20% down and 9% interest. The monthly payment is an estimate and doesn't include taxes and insurance. * * Welcome Home! This adorable 4 bedroom, 2 bath, corner lot bungalow is perfect for 1st homebuyer and/ or investor. Spacious living room. Nice size updated kitchen. Freshly painted. Hardwood flooring throughout. Plumbing and toilet in the basement for potential bathroom. Cute covered front porch. Large privacy fenced backyard, great for entertaining. Lots of natural shading and privacy. New furnace and waterproofing. Enormous lot adjacent to the backyard. Truly a must-see! Schedule your showing today online.
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2022-08-11historical Accepting Backup Offers 650-char remark
Show marketing remark (650 chars)
* * Land Contract available 20% down and 9% interest. The monthly payment is an estimate and doesn't include taxes and insurance. * * Welcome Home! This adorable 4 bedroom, 2 bath, corner lot bungalow is perfect for 1st homebuyer and/ or investor. Spacious living room. Nice size updated kitchen. Freshly painted. Hardwood flooring throughout. Plumbing and toilet in the basement for potential bathroom. Cute covered front porch. Large privacy fenced backyard, great for entertaining. Lots of natural shading and privacy. New furnace and waterproofing. Enormous lot adjacent to the backyard. Truly a must-see! Schedule your showing today online.
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2022-08-05$109,900 Active 650-char remark
Show marketing remark (650 chars)
* * Land Contract available 20% down and 9% interest. The monthly payment is an estimate and doesn't include taxes and insurance. * * Welcome Home! This adorable 4 bedroom, 2 bath, corner lot bungalow is perfect for 1st homebuyer and/ or investor. Spacious living room. Nice size updated kitchen. Freshly painted. Hardwood flooring throughout. Plumbing and toilet in the basement for potential bathroom. Cute covered front porch. Large privacy fenced backyard, great for entertaining. Lots of natural shading and privacy. New furnace and waterproofing. Enormous lot adjacent to the backyard. Truly a must-see! Schedule your showing today online.
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2022-08-05historical
Show marketing remark (650 chars)
* * Land Contract available 20% down and 9% interest. The monthly payment is an estimate and doesn't include taxes and insurance. * * Welcome Home! This adorable 4 bedroom, 2 bath, corner lot bungalow is perfect for 1st homebuyer and/ or investor. Spacious living room. Nice size updated kitchen. Freshly painted. Hardwood flooring throughout. Plumbing and toilet in the basement for potential bathroom. Cute covered front porch. Large privacy fenced backyard, great for entertaining. Lots of natural shading and privacy. New furnace and waterproofing. Enormous lot adjacent to the backyard. Truly a must-see! Schedule your showing today online.
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2022-08-05$109,900 Active
Show marketing remark (650 chars)
* * Land Contract available 20% down and 9% interest. The monthly payment is an estimate and doesn't include taxes and insurance. * * Welcome Home! This adorable 4 bedroom, 2 bath, corner lot bungalow is perfect for 1st homebuyer and/ or investor. Spacious living room. Nice size updated kitchen. Freshly painted. Hardwood flooring throughout. Plumbing and toilet in the basement for potential bathroom. Cute covered front porch. Large privacy fenced backyard, great for entertaining. Lots of natural shading and privacy. New furnace and waterproofing. Enormous lot adjacent to the backyard. Truly a must-see! Schedule your showing today online.
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2022-08-05historical
Show marketing remark (650 chars)
* * Land Contract available 20% down and 9% interest. The monthly payment is an estimate and doesn't include taxes and insurance. * * Welcome Home! This adorable 4 bedroom, 2 bath, corner lot bungalow is perfect for 1st homebuyer and/ or investor. Spacious living room. Nice size updated kitchen. Freshly painted. Hardwood flooring throughout. Plumbing and toilet in the basement for potential bathroom. Cute covered front porch. Large privacy fenced backyard, great for entertaining. Lots of natural shading and privacy. New furnace and waterproofing. Enormous lot adjacent to the backyard. Truly a must-see! Schedule your showing today online.
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2022-08-03status Active
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2022-07-25historical Accepting Backup Offers
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2022-07-05status Active
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2022-06-29historical Accepting Backup Offers
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2022-06-17$109,900 Active
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2022-06-17$109,900
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2018-04-12soldstatus $45,000 Sold
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2018-04-12soldstatus $45,000
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2018-04-11$45,000 Active
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2018-04-11historical
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2018-04-11$45,000
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2004-10-13historical
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2003-10-13$325,500
ⓘ 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
- $3,281 · $273/mo
- Projected year-2 tax
- $3,281 · $273/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 1/10 Low
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 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
- $17,744
- − Mortgage interest
- −$7,226
- − Property taxes
- −$3,281
- − Insurance
- −$645
- − Repairs & maintenance
- −$1,419
- − Management
- −$1,419
- − Depreciation
- −$3,753
- Taxable loss
- −$0
- Est. tax savings @ 24.0%
- +$0
- After-tax cash flow
- $1,974/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
- Van Dyke Public Schools
- NCES district ID
- 2634680
- Math proficiency
- 7% ▼ -11.00%
- Reading proficiency
- 19% ▼ -5.00%
- Median HH income
- $33,231
- Composite
- 10.46/100
- National rank
- #9784
- State rank
- #512 of 540 in MI
Livability — Warren
- Score
- 74/100
- State rank
- #171
- US rank
- #4491
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Warren, MI
- County
- Macomb County · 638,552 people
- City population
- 114,937
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 31,853
- Household income
- $52,366
- Rent vs Own
- Severe rent burden
- 1754.0
Population outlook (Macomb County) Hauer SSP2
- Today (2025)
- 925,296 people
- By 2030
- 948,226 · +2.5%
- By 2040
- 983,961 · +6.3%
- By 2050
- 1,010,200 · +9.2%
- By 2075
- 1,076,222 · +16.3%
- By 2100
- 1,077,065 · +16.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.61)
- Race & ethnicity
- White 53% Black 31% Asian 7% Two or more races 6% Hispanic / Latino 3%
- Common ancestry
- Romanian 11% Lithuanian 3% Slovak 2%
- Foreign-born
- 5% · Canada
- Languages at home
- 92% English-only · Other Asian/Pacific 3% Other Indo-European 2% Arabic 1%
Political lean MEDSL · Macomb
- 2024 margin
- R (+13.7) · D 42.2% · R 55.9% · Other 1.9%
- 2008→2024 swing
- -22.3pp toward R · 2008: 8.6pp · 2024: -13.7pp
- All cycles
- 2024: R+13.7 2020: R+8.1 2016: R+11.6 2012: D+4.0 2008: D+8.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -211.46%
- Current HPI
- 154.8325
- Rent YoY
- ▲ 2.94%
- 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
-60.4% since first listed33 events — show timeline
- 2026-04-08 Pending — MiRealSource-MiMLS
- 2026-04-08 Pending — REALCOMP
- 2026-03-07 Price Changed $129,000 MiRealSource-MiMLS
- 2026-03-07 Price Changed $130,000 MiRealSource-MiMLS
- 2026-03-06 Price Changed $129,000 REALCOMP
- 2026-03-06 Price Changed $130,000 REALCOMP
- 2026-02-21 Price Changed $137,400 MiRealSource-MiMLS
- 2026-02-20 Price Changed $137,400 REALCOMP
- 2026-02-04 Listed $139,900 REALCOMP
- 2026-02-04 Listed $139,900 MiRealSource-MiMLS
- 2022-10-05 Sold (MLS) $100,000 MiRealSource-MiMLS
- 2022-10-05 Sold (MLS) $100,000 REALCOMP
- 2022-08-24 Pending — MiRealSource-MiMLS
- 2022-08-24 Pending — REALCOMP
- 2022-08-11 Contingent — MiRealSource-MiMLS
- 2022-08-11 Contingent — REALCOMP
- 2022-08-05 Listing Removed — REALCOMP
- 2022-08-05 Listed $109,900 MiRealSource-MiMLS
- 2022-08-05 Listing Removed — MiRealSource-MiMLS
- 2022-08-05 Listed $109,900 REALCOMP
- 2022-08-03 Relisted — MiRealSource-MiMLS
- 2022-07-25 Contingent — MiRealSource-MiMLS
- 2022-07-05 Relisted — MiRealSource-MiMLS
- 2022-06-29 Contingent — MiRealSource-MiMLS
- 2022-06-17 Listed $109,900 REALCOMP
- 2022-06-17 Listed $109,900 MiRealSource-MiMLS
- 2018-04-12 Sold (MLS) $45,000 MiRealSource-MiMLS
- 2018-04-12 Sold (MLS) $45,000 REALCOMP
- 2018-04-11 Listed $45,000 MiRealSource-MiMLS
- 2018-04-11 Listing Removed — MiRealSource-MiMLS
- 2018-04-11 Listed $45,000 REALCOMP
- 2004-10-13 Listing Removed — MiRealSource-MiMLS
- 2003-10-13 Listed $325,500 MiRealSource-MiMLS
Property tax history
+7.7%/yrLatest (2025): $3,281 · +2.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…