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23346 Hoover Rd
C- Composite 51.95
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

23346 Hoover Rd · Warren, MI 48089
4 bd · 1.5 ba · 945 sqft · SingleFamily public records · 63 Days on market
Built 1950 0.43 ac lot Est $131k · at est.

🖨 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

FULLY FENCED BACKYARDFRESH PAINTBRAND-NEW CARPETGENEROUS LIVING SPACE

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $121,260 (6.0% below list)

Questions for the listing agent

  1. 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?
  2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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

5-year hold
IRR
-7.8%
Equity multiple
0.71×
Total profit
$-10,427
Equity at exit
$19,234
10-year hold
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
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

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

Break-even rent $1,270
Max offer price $129,000
Occupancy floor 84%

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

AddressBedsBaths SqftRent$/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

  1. 2026-04-08
    status 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

  2. 2026-04-08
    status 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

  3. 2026-03-07
    price $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

  4. 2026-03-07
    price $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

  5. 2026-03-06
    price $129,000
  6. 2026-03-06
    price $130,000
  7. 2026-02-21
    price $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

  8. 2026-02-20
    price $137,400
  9. 2026-02-04
    listed $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

  10. 2026-02-04
    listed $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

  11. 2022-10-05
    soldstatus $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.

  12. 2022-10-05
    soldstatus $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.

  13. 2022-08-24
    status 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.

  14. 2022-08-24
    status 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.

  15. 2022-08-11
    historical 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.

  16. 2022-08-11
    historical 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.

  17. 2022-08-05
    listed $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.

  18. 2022-08-05
    historical
    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.

  19. 2022-08-05
    listed $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.

  20. 2022-08-05
    historical
    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.

  21. 2022-08-03
    status Active
  22. 2022-07-25
    historical Accepting Backup Offers
  23. 2022-07-05
    status Active
  24. 2022-06-29
    historical Accepting Backup Offers
  25. 2022-06-17
    listed $109,900 Active
  26. 2022-06-17
    listed $109,900
  27. 2018-04-12
    soldstatus $45,000 Sold
  28. 2018-04-12
    soldstatus $45,000
  29. 2018-04-11
    listed $45,000 Active
  30. 2018-04-11
    historical
  31. 2018-04-11
    listed $45,000
  32. 2004-10-13
    historical
  33. 2003-10-13
    listed $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
combined federal + state — saved on this device
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

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

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
43.4% rent · 56.6% 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

Price history

-60.4% since first listed
33 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%/yr

Latest (2025): $3,281 · +2.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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