714 King St · Bedford, MI 48182

$159,000

3 bd · 1.0 ba · 1,766 sqft · SingleFamily · 28 Days on market

Built 1935 0.38 ac lot Est $284k · 44% under

---

Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.5/30.0
• ARV discount +15.0/15.0
• DSCR +8.4/10.0
• 1% rule +6.7/10.0
• Schools +3.8/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Large home in Bedford Schools. Build some equity and bring your design ideas. This home features 2 car detached garage and a large fenced yard. Large rooms and a basement. Property does need some TLC. Immediate Occupancy

Key facts

• Fenced yard
• Large rooms
• Basement

Tags

• DETACHED GARAGE
• FENCED YARD
• LARGE ROOMS
• BASEMENT

Property features AI

Finance

• HOA & community: Homeowners association present

Exterior

• Parking: Detached, assigned 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One-and-one-half story
• Construction: Vinyl siding
• Exterior features: Fenced yard; Public-maintained road access; Lot approximately 50 x 160 (0.38 acres)

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); No central air conditioning
• Interior features: Full basement; Total of 6 rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $159k.

Deal economics

• At list price, monthly cash flow is $370 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $159k).
• Recommended offer: $157k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Bedford Public Schools (suburban): math 33% / reading 53% proficiency, ranked #150 of 540 in MI (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 18% free/reduced lunch — higher-income household profile.
• Market conditions: 79 active listings in the ZIP; solid renter incomes; 264 units permitted in Monroe County in 2024 (40 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.
• Monroe County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($157k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 4y 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 $130k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1935 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $156,615 (1.5% below list)

Questions for the listing agent

1. Built in 1935 — 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. 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.
4. 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.
5. 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: 1.17% ✓
• Cap rate: 9.09%
• Cash-on-cash: 9.97%
• DSCR: 1.44
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $284,326
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
647 Washington St	0.06mi	3/2.0	1,961 (+11%)	1mo	$157,500	$80	74
1027 S Park Dr	0.29mi	3/2.5	1,850 (+5%)	3mo	$253,000	$137	70
1170 Hillcrest Dr	0.50mi	3/1.5	1,597 (-10%)	1mo	$260,000	$163	58
8650 Mary Meadows Dr	0.57mi	3/2.0	1,792 (+2%)	11mo	$400,000	$223	57
1142 South Park Dr	0.43mi	3/2.0	1,584 (-10%)	2mo	$247,500	$156	57
8611 Buerk Rd	0.71mi	3/2.0	1,775 (+0%)	6mo	$270,000	$152	57
8811 Tamarack Rd	0.48mi	3/1.5	1,960 (+11%)	2mo	$300,000	$153	55
9161 Cedar Ridge Ln	0.47mi	4/2.0 (+1)	1,902 (+8%)	4mo	$307,000	$161	53
950 Fairfield Ave	0.35mi	3/2.5	1,520 (-14%)	7mo	$255,000	$168	49
1155 Donald Dr	0.53mi	3/2.0	1,895 (+7%)	13mo	$470,000	$248	48
8675 Driftwood Ave	0.60mi	4/1.5 (+1)	1,931 (+9%)	3mo	$265,000	$137	47
1128 Cumberland Dr	0.64mi	4/2.5 (+1)	1,945 (+10%)	7mo	$365,000	$188	36

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -1.3%
• Equity multiple: 0.95×
• Total profit: $-2,169
• Equity at exit: $23,707

10-year hold

• IRR: 8.4%
• Equity multiple: 1.64×
• Total profit: $28,572
• Equity at exit: $13,747

Cash invested: $44,520 (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 48182

• Active inventory: 79
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,859 medium
• Mortgage (P&I): −$834
• Tax est. 1.5%: −$199 /mo · $2,385/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$390
• Net cashflow: $370

Break-even live

Break-even rent $1,391

Max offer price $159,000

Occupancy floor 75%

Sensitivity live

Price	-10% $480	-5% $425	+0% $370	+5% $315	+10% $260
Rent	-10% $223	-5% $297	+0% $370	+5% $443	+10% $517
Rate	-1.0pp $450	-0.5pp $410	base $370	+0.5pp $329	+1.0pp $287

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: $39,750
• Closing costs: $4,770
• Reserves months: —
• Total cash needed: —

Listing history 39 events

1. 2026-06-18
   days on market $159,000 Active 28 DOM
2. 2026-06-17
   days on market $159,000 Active 27 DOM
3. 2026-06-16
   days on market $159,000 Active 26 DOM
4. 2026-06-15
   days on market $159,000 Active 25 DOM
5. 2026-06-14
   days on market $159,000 Active 23 DOM
6. 2026-06-10
   days on market $159,000 Active 20 DOM
7. 2026-06-09
   days on market $159,000 Active 19 DOM
8. 2026-06-08
   days on market $159,000 Active 18 DOM
9. 2026-06-07
   days on market $159,000 Active 17 DOM
10. 2026-06-03
    days on market $159,000 Active 13 DOM
11. 2026-06-02
    days on market $159,000 Active 12 DOM
12. 2026-06-01
    days on market $159,000 Active 11 DOM
13. 2026-05-31
    days on market $159,000 Active 10 DOM
14. 2026-05-30
    days on market $159,000 Active 9 DOM
15. 2026-05-20
    listed $159,000 Active 220-char remark

    Show marketing remark (220 chars)

    Large home in Bedford Schools. Build some equity and bring your design ideas. This home features 2 car detached garage and a large fenced yard. Large rooms and a basement. Property does need some TLC. Immediate Occupancy

16. 2026-05-20
    listed $159,000 Active

    Show marketing remark (220 chars)

    Large home in Bedford Schools. Build some equity and bring your design ideas. This home features 2 car detached garage and a large fenced yard. Large rooms and a basement. Property does need some TLC. Immediate Occupancy

17. 2023-08-31
    soldstatus $130,000
18. 2023-08-31
    soldstatus $130,000
19. 2023-08-30
    soldstatus $130,000 Sold 483-char remark

    Show marketing remark (483 chars)

    Spacious 1,766 Sq. Ft. home in Temperance on a double lot totaling approximately 0.38 Acres. This property features Mature trees. Front Porch. Fenced Yard. Deck and Patio area and 2 Car Detached Garage. Homes interior features Supersized rooms including a massive 22 x 16 Living room. Large Dining room. Main floor Bedroom. 1st Floor Laundry. Basement. City Water & City Sewer. Updates include Roof and Furnace approximately 4 years old. Easy Access to Expressway and shopping.

20. 2023-08-30
    soldstatus $130,000 Closed

    Show marketing remark (483 chars)

    Spacious 1,766 Sq. Ft. home in Temperance on a double lot totaling approximately 0.38 Acres. This property features Mature trees. Front Porch. Fenced Yard. Deck and Patio area and 2 Car Detached Garage. Homes interior features Supersized rooms including a massive 22 x 16 Living room. Large Dining room. Main floor Bedroom. 1st Floor Laundry. Basement. City Water & City Sewer. Updates include Roof and Furnace approximately 4 years old. Easy Access to Expressway and shopping.

21. 2023-07-04
    status Pending 483-char remark

    Show marketing remark (483 chars)

    Spacious 1,766 Sq. Ft. home in Temperance on a double lot totaling approximately 0.38 Acres. This property features Mature trees. Front Porch. Fenced Yard. Deck and Patio area and 2 Car Detached Garage. Homes interior features Supersized rooms including a massive 22 x 16 Living room. Large Dining room. Main floor Bedroom. 1st Floor Laundry. Basement. City Water & City Sewer. Updates include Roof and Furnace approximately 4 years old. Easy Access to Expressway and shopping.

22. 2023-07-04
    status Pending

    Show marketing remark (483 chars)

    Spacious 1,766 Sq. Ft. home in Temperance on a double lot totaling approximately 0.38 Acres. This property features Mature trees. Front Porch. Fenced Yard. Deck and Patio area and 2 Car Detached Garage. Homes interior features Supersized rooms including a massive 22 x 16 Living room. Large Dining room. Main floor Bedroom. 1st Floor Laundry. Basement. City Water & City Sewer. Updates include Roof and Furnace approximately 4 years old. Easy Access to Expressway and shopping.

23. 2023-06-28
    price $139,900

    Show marketing remark (483 chars)

    Spacious 1,766 Sq. Ft. home in Temperance on a double lot totaling approximately 0.38 Acres. This property features Mature trees. Front Porch. Fenced Yard. Deck and Patio area and 2 Car Detached Garage. Homes interior features Supersized rooms including a massive 22 x 16 Living room. Large Dining room. Main floor Bedroom. 1st Floor Laundry. Basement. City Water & City Sewer. Updates include Roof and Furnace approximately 4 years old. Easy Access to Expressway and shopping.

24. 2023-06-28
    price $139,900 483-char remark

    Show marketing remark (483 chars)

    Spacious 1,766 Sq. Ft. home in Temperance on a double lot totaling approximately 0.38 Acres. This property features Mature trees. Front Porch. Fenced Yard. Deck and Patio area and 2 Car Detached Garage. Homes interior features Supersized rooms including a massive 22 x 16 Living room. Large Dining room. Main floor Bedroom. 1st Floor Laundry. Basement. City Water & City Sewer. Updates include Roof and Furnace approximately 4 years old. Easy Access to Expressway and shopping.

25. 2023-06-05
    listed $149,900 Active 483-char remark

    Show marketing remark (483 chars)

    Spacious 1,766 Sq. Ft. home in Temperance on a double lot totaling approximately 0.38 Acres. This property features Mature trees. Front Porch. Fenced Yard. Deck and Patio area and 2 Car Detached Garage. Homes interior features Supersized rooms including a massive 22 x 16 Living room. Large Dining room. Main floor Bedroom. 1st Floor Laundry. Basement. City Water & City Sewer. Updates include Roof and Furnace approximately 4 years old. Easy Access to Expressway and shopping.

26. 2023-06-05
    listed $149,900 Active

    Show marketing remark (483 chars)

    Spacious 1,766 Sq. Ft. home in Temperance on a double lot totaling approximately 0.38 Acres. This property features Mature trees. Front Porch. Fenced Yard. Deck and Patio area and 2 Car Detached Garage. Homes interior features Supersized rooms including a massive 22 x 16 Living room. Large Dining room. Main floor Bedroom. 1st Floor Laundry. Basement. City Water & City Sewer. Updates include Roof and Furnace approximately 4 years old. Easy Access to Expressway and shopping.

27. 2022-10-25
    soldstatus $110,000
28. 2022-09-30
    soldstatus $110,000 Sold
29. 2022-09-30
    soldstatus $110,000 Closed
30. 2022-09-08
    status Pending
31. 2022-09-08
    status Pending
32. 2022-09-04
    historical Contingent - Continue To Show
33. 2022-09-04
    historical Keep Showing-Contgcy Appl
34. 2022-08-26
    price $139,900
35. 2022-08-26
    price $139,900
36. 2022-08-22
    listed $149,900 Active
37. 2022-08-22
    listed $149,900 Active
38. 2022-08-19
    historical $149,900
39. 2022-08-18
    historical $149,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥102°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,312
• − Mortgage interest: −$8,906
• − Property taxes: −$2,385
• − Insurance: −$795
• − Repairs & maintenance: −$1,785
• − Management: −$1,785
• − Depreciation: −$4,625
• Taxable income: $2,030
• Est. tax owed @ 24.0%: −$487
• After-tax cash flow: $3,953/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: Bedford Public Schools
• NCES district ID: 2604470
• Math proficiency: 33% ▼ -14.00%
• Reading proficiency: 53% ▼ -3.00%
• Median HH income: $63,784
• Composite: 38.22/100
• National rank: #4252
• State rank: #150 of 540 in MI

Livability — Bedford

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Temperance, MI
• County: Monroe · 31,363 people
• Metro: Monroe, MI
• Population (ZIP): 20,705
• Household income: $83,155
• Rent vs Own: 16.9% rent · 83.1% own
• Severe rent burden: 12.7

Population outlook (Monroe County) Hauer SSP2

• Today (2025): 144,439 people
• By 2030: 140,033 · -3.1%
• By 2040: 128,408 · -11.1%
• By 2050: 115,024 · -20.4%
• By 2075: 87,273 · -39.6%
• By 2100: 63,110 · -56.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 6% Two or more races 5% Black 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 14% Lithuanian 4% Italian 3%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Monroe

• 2024 margin: Strong R (+27.1) · D 35.7% · R 62.9% · Other 1.4%
• 2008→2024 swing: -31.5pp toward R · 2008: 4.3pp · 2024: -27.1pp
• All cycles: 2024: R+27.1 2020: R+22.6 2016: R+22.1 2012: D+1.0 2008: D+4.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -140.99%
• Current HPI: 158.2484
• Rent YoY: —
• Metro: —
• 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

+6.1% since first listed

25 events — show timeline

• 2026-05-20 Listed $159,000 REALCOMP
• 2026-05-20 Listed $159,000 MiRealSource-MiMLS
• 2023-08-31 Sold (Public Records) $130,000 Public Records
• 2023-08-31 Sold (Public Records) $130,000 Public Records
• 2023-08-30 Sold (MLS) $130,000 MiRealSource-MiMLS
• 2023-08-30 Sold (MLS) $130,000 REALCOMP
• 2023-07-04 Pending — REALCOMP
• 2023-07-04 Pending — MiRealSource-MiMLS
• 2023-06-28 Price Changed $139,900 MiRealSource-MiMLS
• 2023-06-28 Price Changed $139,900 REALCOMP
• 2023-06-05 Listed $149,900 MiRealSource-MiMLS
• 2023-06-05 Listed $149,900 REALCOMP
• 2022-10-25 Sold (Public Records) $110,000 Public Records
• 2022-09-30 Sold (MLS) $110,000 MiRealSource-MiMLS
• 2022-09-30 Sold (MLS) $110,000 REALCOMP
• 2022-09-08 Pending — REALCOMP
• 2022-09-08 Pending — MiRealSource-MiMLS
• 2022-09-04 Contingent — REALCOMP
• 2022-09-04 Contingent — MiRealSource-MiMLS
• 2022-08-26 Price Changed $139,900 MiRealSource-MiMLS
• 2022-08-26 Price Changed $139,900 REALCOMP
• 2022-08-22 Listed $149,900 REALCOMP
• 2022-08-22 Listed $149,900 MiRealSource-MiMLS
• 2022-08-19 Coming Soon $149,900 REALCOMP
• 2022-08-18 Coming Soon $149,900 MiRealSource-MiMLS

Property tax history

-2.3%/yr

Latest (2025): $197 · -63.3% YoY. Source: county tax records.