1642 Gilman St · Garden City, MI 48135

$167,000

3 bd · 1.0 ba · 853 sqft · SingleFamily public records · 74 Days on market

Built 1950 10,454 sqft lot Est $156k · 7% over

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Why this score? — see what drove the D+ 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 +18.9/30.0
• DSCR +6.0/10.0
• 1% rule +4.7/10.0
• ARV discount +4.4/15.0
• Livability +4.1/5.0
• Rent growth +3.4/5.0
• Schools +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

THIS 3 BEDROOM MOVE IN READY BUNGALOW HOME IS LOCATED ON A LARGE-FENCED CORNER LOT. THE BEAUTIFUL HOME HAS A REMODELED KITCHEN FEATURING QUARTZ COUNTERS -NEW SINK AND FAUCET. BATHROOM HAS ALSO BEEN UPDATED WITH MODERN VANITY, FAUCET AND LIGHT FIXTURE. SHOWER/TUB WITH HAS A CERAMIC SURROUND. 2 MAIN FLOOR BEDROOMS AND A LARGE UPPER BEDROOM FOR A LARGE PRIMARY OR EASILY ACCOMODATE SEVERAL KID BEDS. FULL BASEMENT GREAT FOR STORAGE AND/OR AN OPPORTUNITY TO ADD LIVING SPACE. THE BASEMENT HAS BEEN WATERPROOFED AND IS DRY ALLOWING FOR GREAT STORAGE SAPCE AND/OR POSSIBLE FINISHING FOR ADDITIONAL LIVING AREA. REMODELED KITCHEN & BATHROOM, NEW LIGHT FIXTURES THRU-OUT, LAMINATE FLOORING, LOW MAINTENANCE VINYL WINDOWS, NEWER ROOF AND PROFESSIONALLY PAINTED INTERIOR ARE ALL AVAILABLE AT 1642 GILMAN.

Key facts

• 0.24 acre lot
• Built 1950
• Listed 74 days

Property features AI

Exterior

• Parking: No garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One and one-half stories; Ground-level entry
• Construction: Vinyl siding; Block foundation
• Exterior features: Asphalt roof; Paved road access; Lot approximately 0.24 acres (80.7 x 130.4)

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); No central cooling
• Interior features: Full, unfinished basement; Total of 5 rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $167k.

Deal economics

• At list price, monthly cash flow is $171 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $163k (2.6% below list).
• Recommended offer: $157k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.5% vs local median 5.8% in Garden City — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 82/100 on livability (#53 in MI, #1,047 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, commute A; Watch: employment C-, schools D-.
• Garden City Public Schools (suburban): math 22% / reading 36% proficiency, ranked #365 of 540 in MI (top 68%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising (+3.6%/yr); 134 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 74 days — a 6% lower offer ($157k) is reasonable based on typical stale-listing flexibility.
• 16 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 $24k; list at $167k implies a 589% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $156,980 (6.0% below list)

Questions for the listing agent

1. It's been on market 74 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.97% ✗
• Cap rate: 7.52%
• Cash-on-cash: 4.39%
• DSCR: 1.20
• GRM: 8.6

CMA / ARV

• ARV (on-the-fly): $156,099
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1782 Gilman St	0.08mi	3/1.0	879 (+3%)	7mo	$148,000	$168	86
2019 Helen St	0.17mi	3/1.0	934 (+10%)	4mo	$158,000	$169	73
28513 Barton St	0.38mi	3/2.0	915 (+7%)	4mo	$241,000	$263	63
1843 Lathers St	0.16mi	2/1.0 (-1)	978 (+15%)	1mo	$179,000	$183	63
28455 Birchlawn St	0.48mi	2/1.0 (-1)	800 (-6%)	1mo	$166,000	$208	61
642 Gilman St	0.43mi	2/1.0 (-1)	779 (-9%)	0mo	$167,000	$214	60
28807 Block St	0.64mi	3/1.0	895 (+5%)	2mo	$163,200	$182	60
28538 Block St	0.63mi	3/1.0	820 (-4%)	7mo	$140,000	$171	59
28663 Birchlawn St	0.54mi	2/1.0 (-1)	812 (-5%)	8mo	$150,000	$185	55
6141 Harrison St	0.63mi	2/1.0 (-1)	812 (-5%)	4mo	$138,000	$170	54
28980 Dawson St	0.69mi	2/1.0 (-1)	800 (-6%)	0mo	$137,500	$172	52
216 Helen St	0.66mi	3/1.0	958 (+12%)	6mo	$178,866	$187	44

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.65% rent growth · sell at horizon

5-year hold

• IRR: -8.7%
• Equity multiple: 0.68×
• Total profit: $-15,089
• Equity at exit: $24,900

10-year hold

• IRR: 1.6%
• Equity multiple: 1.11×
• Total profit: $5,348
• Equity at exit: $14,439

Cash invested: $46,760 (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 48135

• Rents YoY: 3.6%
• Active inventory: 134
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,626 high
• Mortgage (P&I): −$876
• Tax from tax record: −$168 /mo · $2,017/yr
• Insurance: −$70
• HOA: −$0
• Vacancy / Maint / Mgmt: −$341
• Net cashflow: $171

Break-even live

Break-even rent $1,409

Max offer price $167,000

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: $41,750
• Closing costs: $5,010
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5839 Helen St Garden City, MI	3.0	1.0	984	$1,500	$1.52	24d	1	0.43mi
5927 Lathers St Garden City, MI	3.0	1.0	1000	$1,600	$1.60	2d	1	0.50mi
238 Yorkshire Blvd Dearborn Heights, MI	1.0–2.0	1.0	741	$1,424	$1.92	2d	9	0.80mi
536 N Leona Ave Garden City, MI	3.0	1.0	1000	$1,440	$1.44	13d	1	1.04mi
6954 Inkster Rd Dearborn Heights, MI	1.0–2.0	1.0–1.5	837	$1,339	$1.60	3d	9	1.17mi
26322 Westphal St Dearborn Heights, MI	1.0–2.0	1.0	762	$1,455	$1.91	2d	24	1.20mi
7048 Deering St Garden City, MI	3.0	1.0	910	$1,500	$1.65	17d	1	1.21mi
1150 Magnolia Dr Inkster, MI	3.0	1.0	900	$1,300	$1.44	24d	1	1.33mi
5722 Centralia St Dearborn Heights, MI	3.0	1.0	999	$1,750	$1.75	2d	1	1.34mi
167 Cherry Valley Dr Inkster, MI	1.0–2.0	1.0	784	$1,395	$1.78	15d	12	1.39mi
27184 Lucerne Dr Inkster, MI	3.0	1.0	1100	$1,250	$1.14	44d	1	1.41mi
7435 Lathers St Westland, MI	3.0	1.0	1120	$1,900	$1.70	17d	1	1.41mi
29203 Oakwood St Inkster, MI	3.0	1.5	912	$1,600	$1.75	2d	1	1.43mi
7457 Harrison St Westland, MI	3.0	1.0	1120	$1,900	$1.70	2d	1	1.43mi
7484 Affeldt St Westland, MI	3.0	1.0	1120	$1,500	$1.34	24d	1	1.46mi
130 E Tami Cir Westland, MI	1.0–2.0	1.0–1.5	800	$1,209	$1.51	44d	3	1.46mi
181 Terri Dr Unit 181 Dearborn Heights, MI	2.0	2.0	840	$1,119	$1.33	5d	1	1.49mi

Listing history 37 events

1. 2026-05-11
   price $167,000 802-char remark

   Show marketing remark (802 chars)

   THIS 3 BEDROOM MOVE IN READY BUNGALOW HOME IS LOCATED ON A LARGE-FENCED CORNER LOT. THE BEAUTIFUL HOME HAS A REMODELED KITCHEN FEATURING QUARTZ COUNTERS -NEW SINK AND FAUCET. BATHROOM HAS ALSO BEEN UPDATED WITH MODERN VANITY, FAUCET AND LIGHT FIXTURE. SHOWER/TUB WITH HAS A CERAMIC SURROUND. 2 MAIN FLOOR BEDROOMS AND A LARGE UPPER BEDROOM FOR A LARGE PRIMARY OR EASILY ACCOMODATE SEVERAL KID BEDS. FULL BASEMENT GREAT FOR STORAGE AND/OR AN OPPORTUNITY TO ADD LIVING SPACE. THE BASEMENT HAS BEEN WATERPROOFED AND IS DRY ALLOWING FOR GREAT STORAGE SAPCE AND/OR POSSIBLE FINISHING FOR ADDITIONAL LIVING AREA. REMODELED KITCHEN & BATHROOM, NEW LIGHT FIXTURES THRU-OUT, LAMINATE FLOORING, LOW MAINTENANCE VINYL WINDOWS, NEWER ROOF AND PROFESSIONALLY PAINTED INTERIOR ARE ALL AVAILABLE AT 1642 GILMAN.

2. 2026-05-11
   price $167,000

   Show marketing remark (802 chars)

   THIS 3 BEDROOM MOVE IN READY BUNGALOW HOME IS LOCATED ON A LARGE-FENCED CORNER LOT. THE BEAUTIFUL HOME HAS A REMODELED KITCHEN FEATURING QUARTZ COUNTERS -NEW SINK AND FAUCET. BATHROOM HAS ALSO BEEN UPDATED WITH MODERN VANITY, FAUCET AND LIGHT FIXTURE. SHOWER/TUB WITH HAS A CERAMIC SURROUND. 2 MAIN FLOOR BEDROOMS AND A LARGE UPPER BEDROOM FOR A LARGE PRIMARY OR EASILY ACCOMODATE SEVERAL KID BEDS. FULL BASEMENT GREAT FOR STORAGE AND/OR AN OPPORTUNITY TO ADD LIVING SPACE. THE BASEMENT HAS BEEN WATERPROOFED AND IS DRY ALLOWING FOR GREAT STORAGE SAPCE AND/OR POSSIBLE FINISHING FOR ADDITIONAL LIVING AREA. REMODELED KITCHEN & BATHROOM, NEW LIGHT FIXTURES THRU-OUT, LAMINATE FLOORING, LOW MAINTENANCE VINYL WINDOWS, NEWER ROOF AND PROFESSIONALLY PAINTED INTERIOR ARE ALL AVAILABLE AT 1642 GILMAN.

3. 2026-05-02
   price $170,000 802-char remark

   Show marketing remark (802 chars)

   THIS 3 BEDROOM MOVE IN READY BUNGALOW HOME IS LOCATED ON A LARGE-FENCED CORNER LOT. THE BEAUTIFUL HOME HAS A REMODELED KITCHEN FEATURING QUARTZ COUNTERS -NEW SINK AND FAUCET. BATHROOM HAS ALSO BEEN UPDATED WITH MODERN VANITY, FAUCET AND LIGHT FIXTURE. SHOWER/TUB WITH HAS A CERAMIC SURROUND. 2 MAIN FLOOR BEDROOMS AND A LARGE UPPER BEDROOM FOR A LARGE PRIMARY OR EASILY ACCOMODATE SEVERAL KID BEDS. FULL BASEMENT GREAT FOR STORAGE AND/OR AN OPPORTUNITY TO ADD LIVING SPACE. THE BASEMENT HAS BEEN WATERPROOFED AND IS DRY ALLOWING FOR GREAT STORAGE SAPCE AND/OR POSSIBLE FINISHING FOR ADDITIONAL LIVING AREA. REMODELED KITCHEN & BATHROOM, NEW LIGHT FIXTURES THRU-OUT, LAMINATE FLOORING, LOW MAINTENANCE VINYL WINDOWS, NEWER ROOF AND PROFESSIONALLY PAINTED INTERIOR ARE ALL AVAILABLE AT 1642 GILMAN.

4. 2026-05-02
   price $170,000

   Show marketing remark (802 chars)

   THIS 3 BEDROOM MOVE IN READY BUNGALOW HOME IS LOCATED ON A LARGE-FENCED CORNER LOT. THE BEAUTIFUL HOME HAS A REMODELED KITCHEN FEATURING QUARTZ COUNTERS -NEW SINK AND FAUCET. BATHROOM HAS ALSO BEEN UPDATED WITH MODERN VANITY, FAUCET AND LIGHT FIXTURE. SHOWER/TUB WITH HAS A CERAMIC SURROUND. 2 MAIN FLOOR BEDROOMS AND A LARGE UPPER BEDROOM FOR A LARGE PRIMARY OR EASILY ACCOMODATE SEVERAL KID BEDS. FULL BASEMENT GREAT FOR STORAGE AND/OR AN OPPORTUNITY TO ADD LIVING SPACE. THE BASEMENT HAS BEEN WATERPROOFED AND IS DRY ALLOWING FOR GREAT STORAGE SAPCE AND/OR POSSIBLE FINISHING FOR ADDITIONAL LIVING AREA. REMODELED KITCHEN & BATHROOM, NEW LIGHT FIXTURES THRU-OUT, LAMINATE FLOORING, LOW MAINTENANCE VINYL WINDOWS, NEWER ROOF AND PROFESSIONALLY PAINTED INTERIOR ARE ALL AVAILABLE AT 1642 GILMAN.

5. 2026-04-26
   status Active 802-char remark

   Show marketing remark (802 chars)

   THIS 3 BEDROOM MOVE IN READY BUNGALOW HOME IS LOCATED ON A LARGE-FENCED CORNER LOT. THE BEAUTIFUL HOME HAS A REMODELED KITCHEN FEATURING QUARTZ COUNTERS -NEW SINK AND FAUCET. BATHROOM HAS ALSO BEEN UPDATED WITH MODERN VANITY, FAUCET AND LIGHT FIXTURE. SHOWER/TUB WITH HAS A CERAMIC SURROUND. 2 MAIN FLOOR BEDROOMS AND A LARGE UPPER BEDROOM FOR A LARGE PRIMARY OR EASILY ACCOMODATE SEVERAL KID BEDS. FULL BASEMENT GREAT FOR STORAGE AND/OR AN OPPORTUNITY TO ADD LIVING SPACE. THE BASEMENT HAS BEEN WATERPROOFED AND IS DRY ALLOWING FOR GREAT STORAGE SAPCE AND/OR POSSIBLE FINISHING FOR ADDITIONAL LIVING AREA. REMODELED KITCHEN & BATHROOM, NEW LIGHT FIXTURES THRU-OUT, LAMINATE FLOORING, LOW MAINTENANCE VINYL WINDOWS, NEWER ROOF AND PROFESSIONALLY PAINTED INTERIOR ARE ALL AVAILABLE AT 1642 GILMAN.

6. 2026-04-26
   status Active

   Show marketing remark (802 chars)

   THIS 3 BEDROOM MOVE IN READY BUNGALOW HOME IS LOCATED ON A LARGE-FENCED CORNER LOT. THE BEAUTIFUL HOME HAS A REMODELED KITCHEN FEATURING QUARTZ COUNTERS -NEW SINK AND FAUCET. BATHROOM HAS ALSO BEEN UPDATED WITH MODERN VANITY, FAUCET AND LIGHT FIXTURE. SHOWER/TUB WITH HAS A CERAMIC SURROUND. 2 MAIN FLOOR BEDROOMS AND A LARGE UPPER BEDROOM FOR A LARGE PRIMARY OR EASILY ACCOMODATE SEVERAL KID BEDS. FULL BASEMENT GREAT FOR STORAGE AND/OR AN OPPORTUNITY TO ADD LIVING SPACE. THE BASEMENT HAS BEEN WATERPROOFED AND IS DRY ALLOWING FOR GREAT STORAGE SAPCE AND/OR POSSIBLE FINISHING FOR ADDITIONAL LIVING AREA. REMODELED KITCHEN & BATHROOM, NEW LIGHT FIXTURES THRU-OUT, LAMINATE FLOORING, LOW MAINTENANCE VINYL WINDOWS, NEWER ROOF AND PROFESSIONALLY PAINTED INTERIOR ARE ALL AVAILABLE AT 1642 GILMAN.

7. 2026-04-24
   historical Accepting Backup Offers 802-char remark

   Show marketing remark (802 chars)

   THIS 3 BEDROOM MOVE IN READY BUNGALOW HOME IS LOCATED ON A LARGE-FENCED CORNER LOT. THE BEAUTIFUL HOME HAS A REMODELED KITCHEN FEATURING QUARTZ COUNTERS -NEW SINK AND FAUCET. BATHROOM HAS ALSO BEEN UPDATED WITH MODERN VANITY, FAUCET AND LIGHT FIXTURE. SHOWER/TUB WITH HAS A CERAMIC SURROUND. 2 MAIN FLOOR BEDROOMS AND A LARGE UPPER BEDROOM FOR A LARGE PRIMARY OR EASILY ACCOMODATE SEVERAL KID BEDS. FULL BASEMENT GREAT FOR STORAGE AND/OR AN OPPORTUNITY TO ADD LIVING SPACE. THE BASEMENT HAS BEEN WATERPROOFED AND IS DRY ALLOWING FOR GREAT STORAGE SAPCE AND/OR POSSIBLE FINISHING FOR ADDITIONAL LIVING AREA. REMODELED KITCHEN & BATHROOM, NEW LIGHT FIXTURES THRU-OUT, LAMINATE FLOORING, LOW MAINTENANCE VINYL WINDOWS, NEWER ROOF AND PROFESSIONALLY PAINTED INTERIOR ARE ALL AVAILABLE AT 1642 GILMAN.

8. 2026-04-24
   historical Active Under Contract

   Show marketing remark (802 chars)

   THIS 3 BEDROOM MOVE IN READY BUNGALOW HOME IS LOCATED ON A LARGE-FENCED CORNER LOT. THE BEAUTIFUL HOME HAS A REMODELED KITCHEN FEATURING QUARTZ COUNTERS -NEW SINK AND FAUCET. BATHROOM HAS ALSO BEEN UPDATED WITH MODERN VANITY, FAUCET AND LIGHT FIXTURE. SHOWER/TUB WITH HAS A CERAMIC SURROUND. 2 MAIN FLOOR BEDROOMS AND A LARGE UPPER BEDROOM FOR A LARGE PRIMARY OR EASILY ACCOMODATE SEVERAL KID BEDS. FULL BASEMENT GREAT FOR STORAGE AND/OR AN OPPORTUNITY TO ADD LIVING SPACE. THE BASEMENT HAS BEEN WATERPROOFED AND IS DRY ALLOWING FOR GREAT STORAGE SAPCE AND/OR POSSIBLE FINISHING FOR ADDITIONAL LIVING AREA. REMODELED KITCHEN & BATHROOM, NEW LIGHT FIXTURES THRU-OUT, LAMINATE FLOORING, LOW MAINTENANCE VINYL WINDOWS, NEWER ROOF AND PROFESSIONALLY PAINTED INTERIOR ARE ALL AVAILABLE AT 1642 GILMAN.

9. 2026-03-27
   status Active 802-char remark

   Show marketing remark (802 chars)

   THIS 3 BEDROOM MOVE IN READY BUNGALOW HOME IS LOCATED ON A LARGE-FENCED CORNER LOT. THE BEAUTIFUL HOME HAS A REMODELED KITCHEN FEATURING QUARTZ COUNTERS -NEW SINK AND FAUCET. BATHROOM HAS ALSO BEEN UPDATED WITH MODERN VANITY, FAUCET AND LIGHT FIXTURE. SHOWER/TUB WITH HAS A CERAMIC SURROUND. 2 MAIN FLOOR BEDROOMS AND A LARGE UPPER BEDROOM FOR A LARGE PRIMARY OR EASILY ACCOMODATE SEVERAL KID BEDS. FULL BASEMENT GREAT FOR STORAGE AND/OR AN OPPORTUNITY TO ADD LIVING SPACE. THE BASEMENT HAS BEEN WATERPROOFED AND IS DRY ALLOWING FOR GREAT STORAGE SAPCE AND/OR POSSIBLE FINISHING FOR ADDITIONAL LIVING AREA. REMODELED KITCHEN & BATHROOM, NEW LIGHT FIXTURES THRU-OUT, LAMINATE FLOORING, LOW MAINTENANCE VINYL WINDOWS, NEWER ROOF AND PROFESSIONALLY PAINTED INTERIOR ARE ALL AVAILABLE AT 1642 GILMAN.

10. 2026-03-27
    status Active

    Show marketing remark (802 chars)

    THIS 3 BEDROOM MOVE IN READY BUNGALOW HOME IS LOCATED ON A LARGE-FENCED CORNER LOT. THE BEAUTIFUL HOME HAS A REMODELED KITCHEN FEATURING QUARTZ COUNTERS -NEW SINK AND FAUCET. BATHROOM HAS ALSO BEEN UPDATED WITH MODERN VANITY, FAUCET AND LIGHT FIXTURE. SHOWER/TUB WITH HAS A CERAMIC SURROUND. 2 MAIN FLOOR BEDROOMS AND A LARGE UPPER BEDROOM FOR A LARGE PRIMARY OR EASILY ACCOMODATE SEVERAL KID BEDS. FULL BASEMENT GREAT FOR STORAGE AND/OR AN OPPORTUNITY TO ADD LIVING SPACE. THE BASEMENT HAS BEEN WATERPROOFED AND IS DRY ALLOWING FOR GREAT STORAGE SAPCE AND/OR POSSIBLE FINISHING FOR ADDITIONAL LIVING AREA. REMODELED KITCHEN & BATHROOM, NEW LIGHT FIXTURES THRU-OUT, LAMINATE FLOORING, LOW MAINTENANCE VINYL WINDOWS, NEWER ROOF AND PROFESSIONALLY PAINTED INTERIOR ARE ALL AVAILABLE AT 1642 GILMAN.

11. 2026-03-24
    historical Accepting Backup Offers 802-char remark

    Show marketing remark (802 chars)

    THIS 3 BEDROOM MOVE IN READY BUNGALOW HOME IS LOCATED ON A LARGE-FENCED CORNER LOT. THE BEAUTIFUL HOME HAS A REMODELED KITCHEN FEATURING QUARTZ COUNTERS -NEW SINK AND FAUCET. BATHROOM HAS ALSO BEEN UPDATED WITH MODERN VANITY, FAUCET AND LIGHT FIXTURE. SHOWER/TUB WITH HAS A CERAMIC SURROUND. 2 MAIN FLOOR BEDROOMS AND A LARGE UPPER BEDROOM FOR A LARGE PRIMARY OR EASILY ACCOMODATE SEVERAL KID BEDS. FULL BASEMENT GREAT FOR STORAGE AND/OR AN OPPORTUNITY TO ADD LIVING SPACE. THE BASEMENT HAS BEEN WATERPROOFED AND IS DRY ALLOWING FOR GREAT STORAGE SAPCE AND/OR POSSIBLE FINISHING FOR ADDITIONAL LIVING AREA. REMODELED KITCHEN & BATHROOM, NEW LIGHT FIXTURES THRU-OUT, LAMINATE FLOORING, LOW MAINTENANCE VINYL WINDOWS, NEWER ROOF AND PROFESSIONALLY PAINTED INTERIOR ARE ALL AVAILABLE AT 1642 GILMAN.

12. 2026-03-24
    historical Active Under Contract

    Show marketing remark (802 chars)

    THIS 3 BEDROOM MOVE IN READY BUNGALOW HOME IS LOCATED ON A LARGE-FENCED CORNER LOT. THE BEAUTIFUL HOME HAS A REMODELED KITCHEN FEATURING QUARTZ COUNTERS -NEW SINK AND FAUCET. BATHROOM HAS ALSO BEEN UPDATED WITH MODERN VANITY, FAUCET AND LIGHT FIXTURE. SHOWER/TUB WITH HAS A CERAMIC SURROUND. 2 MAIN FLOOR BEDROOMS AND A LARGE UPPER BEDROOM FOR A LARGE PRIMARY OR EASILY ACCOMODATE SEVERAL KID BEDS. FULL BASEMENT GREAT FOR STORAGE AND/OR AN OPPORTUNITY TO ADD LIVING SPACE. THE BASEMENT HAS BEEN WATERPROOFED AND IS DRY ALLOWING FOR GREAT STORAGE SAPCE AND/OR POSSIBLE FINISHING FOR ADDITIONAL LIVING AREA. REMODELED KITCHEN & BATHROOM, NEW LIGHT FIXTURES THRU-OUT, LAMINATE FLOORING, LOW MAINTENANCE VINYL WINDOWS, NEWER ROOF AND PROFESSIONALLY PAINTED INTERIOR ARE ALL AVAILABLE AT 1642 GILMAN.

13. 2026-03-14
    listed $175,000 Active 802-char remark

    Show marketing remark (802 chars)

    THIS 3 BEDROOM MOVE IN READY BUNGALOW HOME IS LOCATED ON A LARGE-FENCED CORNER LOT. THE BEAUTIFUL HOME HAS A REMODELED KITCHEN FEATURING QUARTZ COUNTERS -NEW SINK AND FAUCET. BATHROOM HAS ALSO BEEN UPDATED WITH MODERN VANITY, FAUCET AND LIGHT FIXTURE. SHOWER/TUB WITH HAS A CERAMIC SURROUND. 2 MAIN FLOOR BEDROOMS AND A LARGE UPPER BEDROOM FOR A LARGE PRIMARY OR EASILY ACCOMODATE SEVERAL KID BEDS. FULL BASEMENT GREAT FOR STORAGE AND/OR AN OPPORTUNITY TO ADD LIVING SPACE. THE BASEMENT HAS BEEN WATERPROOFED AND IS DRY ALLOWING FOR GREAT STORAGE SAPCE AND/OR POSSIBLE FINISHING FOR ADDITIONAL LIVING AREA. REMODELED KITCHEN & BATHROOM, NEW LIGHT FIXTURES THRU-OUT, LAMINATE FLOORING, LOW MAINTENANCE VINYL WINDOWS, NEWER ROOF AND PROFESSIONALLY PAINTED INTERIOR ARE ALL AVAILABLE AT 1642 GILMAN.

14. 2026-03-14
    listed $175,000 Active

    Show marketing remark (802 chars)

    THIS 3 BEDROOM MOVE IN READY BUNGALOW HOME IS LOCATED ON A LARGE-FENCED CORNER LOT. THE BEAUTIFUL HOME HAS A REMODELED KITCHEN FEATURING QUARTZ COUNTERS -NEW SINK AND FAUCET. BATHROOM HAS ALSO BEEN UPDATED WITH MODERN VANITY, FAUCET AND LIGHT FIXTURE. SHOWER/TUB WITH HAS A CERAMIC SURROUND. 2 MAIN FLOOR BEDROOMS AND A LARGE UPPER BEDROOM FOR A LARGE PRIMARY OR EASILY ACCOMODATE SEVERAL KID BEDS. FULL BASEMENT GREAT FOR STORAGE AND/OR AN OPPORTUNITY TO ADD LIVING SPACE. THE BASEMENT HAS BEEN WATERPROOFED AND IS DRY ALLOWING FOR GREAT STORAGE SAPCE AND/OR POSSIBLE FINISHING FOR ADDITIONAL LIVING AREA. REMODELED KITCHEN & BATHROOM, NEW LIGHT FIXTURES THRU-OUT, LAMINATE FLOORING, LOW MAINTENANCE VINYL WINDOWS, NEWER ROOF AND PROFESSIONALLY PAINTED INTERIOR ARE ALL AVAILABLE AT 1642 GILMAN.

15. 2026-03-11
    historical $175,000 802-char remark

    Show marketing remark (802 chars)

    THIS 3 BEDROOM MOVE IN READY BUNGALOW HOME IS LOCATED ON A LARGE-FENCED CORNER LOT. THE BEAUTIFUL HOME HAS A REMODELED KITCHEN FEATURING QUARTZ COUNTERS -NEW SINK AND FAUCET. BATHROOM HAS ALSO BEEN UPDATED WITH MODERN VANITY, FAUCET AND LIGHT FIXTURE. SHOWER/TUB WITH HAS A CERAMIC SURROUND. 2 MAIN FLOOR BEDROOMS AND A LARGE UPPER BEDROOM FOR A LARGE PRIMARY OR EASILY ACCOMODATE SEVERAL KID BEDS. FULL BASEMENT GREAT FOR STORAGE AND/OR AN OPPORTUNITY TO ADD LIVING SPACE. THE BASEMENT HAS BEEN WATERPROOFED AND IS DRY ALLOWING FOR GREAT STORAGE SAPCE AND/OR POSSIBLE FINISHING FOR ADDITIONAL LIVING AREA. REMODELED KITCHEN & BATHROOM, NEW LIGHT FIXTURES THRU-OUT, LAMINATE FLOORING, LOW MAINTENANCE VINYL WINDOWS, NEWER ROOF AND PROFESSIONALLY PAINTED INTERIOR ARE ALL AVAILABLE AT 1642 GILMAN.

16. 2012-08-08
    soldstatus $24,250 289-char remark

    Show marketing remark (289 chars)

    THIS IS A MUST SEE! GREAT LOCATION. STARTER HOME ON NICE STREET. CLOSE TO SHOPPING. PROPERTY ELIGIBLE UNDER FREDDIE MAC FIRST LOOK THROUGH 07/13/12. SELLER OFFERING UP TO $500 FOR BUYERS CHOICE OF HOME WARRANTY. CONTRACTS SUBJECT TO BANK ADDEN. AS-IS SALE. BUYER TO PAY STATE TRANSFER TAX.

17. 2012-08-08
    soldstatus $24,250

    Show marketing remark (289 chars)

    THIS IS A MUST SEE! GREAT LOCATION. STARTER HOME ON NICE STREET. CLOSE TO SHOPPING. PROPERTY ELIGIBLE UNDER FREDDIE MAC FIRST LOOK THROUGH 07/13/12. SELLER OFFERING UP TO $500 FOR BUYERS CHOICE OF HOME WARRANTY. CONTRACTS SUBJECT TO BANK ADDEN. AS-IS SALE. BUYER TO PAY STATE TRANSFER TAX.

18. 2012-06-28
    listed $30,000 289-char remark

    Show marketing remark (289 chars)

    THIS IS A MUST SEE! GREAT LOCATION. STARTER HOME ON NICE STREET. CLOSE TO SHOPPING. PROPERTY ELIGIBLE UNDER FREDDIE MAC FIRST LOOK THROUGH 07/13/12. SELLER OFFERING UP TO $500 FOR BUYERS CHOICE OF HOME WARRANTY. CONTRACTS SUBJECT TO BANK ADDEN. AS-IS SALE. BUYER TO PAY STATE TRANSFER TAX.

19. 2012-06-28
    listed $30,000

    Show marketing remark (289 chars)

    THIS IS A MUST SEE! GREAT LOCATION. STARTER HOME ON NICE STREET. CLOSE TO SHOPPING. PROPERTY ELIGIBLE UNDER FREDDIE MAC FIRST LOOK THROUGH 07/13/12. SELLER OFFERING UP TO $500 FOR BUYERS CHOICE OF HOME WARRANTY. CONTRACTS SUBJECT TO BANK ADDEN. AS-IS SALE. BUYER TO PAY STATE TRANSFER TAX.

20. 2006-03-29
    soldstatus $82,500
21. 2006-03-03
    soldstatus $82,500
22. 2006-02-03
    listed $99,900
23. 2006-02-03
    historical
24. 2006-01-23
    listed $104,900
25. 2006-01-23
    historical
26. 2006-01-04
    listed $109,900
27. 2006-01-04
    historical
28. 2005-12-12
    listed $114,900
29. 2005-12-12
    historical
30. 2005-12-02
    listed $119,900
31. 2005-12-02
    historical
32. 2005-12-02
    listed $119,900
33. 2005-12-02
    historical
34. 2005-11-09
    listed $119,900
35. 2003-12-01
    historical
36. 2003-08-28
    listed $114,900
37. 1998-01-28
    soldstatus $55,000

ⓘ 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: $2,017 · $168/mo
• Projected year-2 tax: $2,294 · $191/mo
• Expected delta: +$278/yr (+$23/mo · 13.8%)

ⓘ 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 ≥98°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,513
• − Mortgage interest: −$9,355
• − Property taxes: −$2,017
• − Insurance: −$835
• − Repairs & maintenance: −$1,561
• − Management: −$1,561
• − Depreciation: −$4,858
• Taxable loss: −$674
• Est. tax savings @ 24.0%: +$162
• After-tax cash flow: $2,216/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: Garden City Public Schools
• NCES district ID: 2615540
• Math proficiency: 22% ▼ -11.00%
• Reading proficiency: 36% ▼ -13.00%
• Median HH income: $52,165
• Composite: 25.53/100
• National rank: #7433
• State rank: #365 of 540 in MI

Livability — Garden City

• Score: 82/100
• State rank: #53
• US rank: #1047

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Garden City, MI
• County: Wayne County · 1,562,939 people
• City population: 26,739
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 26,739
• Household income: $67,294
• Rent vs Own: 20.9% rent · 79.1% own
• Severe rent burden: 509.0

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 White (82%)
• Race & ethnicity: White 82% Two or more races 8% Black 7% Hispanic / Latino 5%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Romanian 13% Italian 4% Slovak 3%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Arabic 3% Spanish 1% Other Indo-European 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: ▼ -265.28%
• Current HPI: 212.5713
• Rent YoY: ▲ 3.65%
• 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

+203.6% since first listed

37 events — show timeline

• 2026-05-11 Price Changed $167,000 MiRealSource-MiMLS
• 2026-05-11 Price Changed $167,000 REALCOMP
• 2026-05-02 Price Changed $170,000 MiRealSource-MiMLS
• 2026-05-02 Price Changed $170,000 REALCOMP
• 2026-04-26 Relisted — MiRealSource-MiMLS
• 2026-04-26 Relisted — REALCOMP
• 2026-04-24 Contingent — MiRealSource-MiMLS
• 2026-04-24 Contingent — REALCOMP
• 2026-03-27 Relisted — MiRealSource-MiMLS
• 2026-03-27 Relisted — REALCOMP
• 2026-03-24 Contingent — MiRealSource-MiMLS
• 2026-03-24 Contingent — REALCOMP
• 2026-03-14 Listed $175,000 MiRealSource-MiMLS
• 2026-03-14 Listed $175,000 REALCOMP
• 2026-03-11 Coming Soon $175,000 MiRealSource-MiMLS
• 2012-08-08 Sold (MLS) $24,250 REALCOMP
• 2012-08-08 Sold (MLS) $24,250 MiRealSource-MiMLS
• 2012-06-28 Listed $30,000 REALCOMP
• 2012-06-28 Listed $30,000 MiRealSource-MiMLS
• 2006-03-29 Sold (Public Records) $82,500 Public Records
• 2006-03-03 Sold (MLS) $82,500 REALCOMP
• 2006-02-03 Listing Removed — REALCOMP
• 2006-02-03 Listed $99,900 REALCOMP
• 2006-01-23 Listing Removed — REALCOMP
• 2006-01-23 Listed $104,900 REALCOMP
• 2006-01-04 Listing Removed — REALCOMP
• 2006-01-04 Listed $109,900 REALCOMP
• 2005-12-12 Listing Removed — REALCOMP
• 2005-12-12 Listed $114,900 REALCOMP
• 2005-12-02 Listing Removed — REALCOMP
• 2005-12-02 Listed $119,900 REALCOMP
• 2005-12-02 Listing Removed — REALCOMP
• 2005-12-02 Listed $119,900 REALCOMP
• 2005-11-09 Listed $119,900 REALCOMP
• 2003-12-01 Listing Removed — REALCOMP
• 2003-08-28 Listed $114,900 REALCOMP
• 1998-01-28 Sold (Public Records) $55,000 Public Records

Property tax history

+0.8%/yr

Latest (2025): $2,017 · -19.3% YoY. Source: county tax records.