11691 Archdale St · Detroit, MI
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.69%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 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 +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Rent growth +3.9/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$83,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
three-bedroom, one-bathroom colonial-style home located in Detroit, on the city's west side. The property offers a spacious layout * * PROPERTY IS RENTED T * * * * !!!DO NOT DISTURB THE TENANTS * * * * * Seller May be open to LAND CONTRACT TERMS * * * *
Key facts
- 4,356 sq ft lot
- Built 1926
- Listed 65 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $83k.
Deal economics
- At list price, monthly cash flow is $529 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $83k).
- Recommended offer: $78k (6.0% below list) — sets the bar for market timing.
- Cap rate 13.9% vs local median 10.2% in Detroit — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
- Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+5.6%/yr); 385 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
- At $1,386/mo this rent would consume 46% of the median local household income ($37k/yr) (locally 2371% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $574 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
- Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
- At projected returns (-3.0% appreciation + 5.6% rent growth), your $23k cash investment doubles in ~5 years — after that, you're playing with house money.
Negotiation context
- It's been on market 65 days — a 6% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 12y 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.
Risks & watch-outs
- Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1926 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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 F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- 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
- 1.67% ✓
- Cap rate
- 13.94%
- Cash-on-cash
- 27.32%
- DSCR
- 2.22
- GRM
- 5.0
CMA / ARV
- ARV (median comp)
- $56,354
- List price
- $83,000
- Delta
- 47.28%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 11713 Asbury Park | 0.43mi | 3/1.5 | 1,220 (-9%) | 4mo | $70,000 | $57 | 60 |
| 9660 Abington Ave | 0.51mi | 3/1.0 | 1,188 (-11%) | 1mo | $59,000 | $50 | 57 |
| 12085 Ashton Ave | 0.19mi | 3/1.5 | 1,165 (-13%) | 13mo | $57,500 | $49 | 57 |
| 11646 Glastonbury Ave | 0.41mi | 3/2.0 | 1,189 (-11%) | 4mo | $50,000 | $42 | 55 |
| 9603 Memorial St | 0.52mi | 3/1.0 | 1,250 (-6%) | 16mo | $53,500 | $43 | 51 |
| 12094 Asbury Park | 0.48mi | 3/1.0 | 1,156 (-13%) | 6mo | $61,000 | $53 | 50 |
| 11320 Artesian St | 0.58mi | 4/1.0 (+1) | 1,200 (-10%) | 4mo | $60,000 | $50 | 47 |
| 18712 W Chicago St | 0.73mi | 2/1.0 (-1) | 1,263 (-5%) | 8mo | $35,000 | $28 | 46 |
| 12634 Woodmont Ave | 0.60mi | 3/1.0 | 1,200 (-10%) | 12mo | $60,000 | $50 | 45 |
| 9610 Grandmont Ave | 0.58mi | 3/1.0 | 1,167 (-13%) | 10mo | $42,000 | $36 | 43 |
| 9549 Rutland St | 0.55mi | 4/3.0 (+1) | 1,493 (+12%) | 1mo | $45,000 | $30 | 40 |
| 12875 Memorial St | 0.68mi | 3/2.0 | 1,448 (+8%) | 14mo | $160,000 | $110 | 38 |
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 · 5.59% rent growth · sell at horizon
- IRR
- 24.2%
- Equity multiple
- 2.03×
- Total profit
- $23,968
- Equity at exit
- $12,376
- IRR
- 33.6%
- Equity multiple
- 4.46×
- Total profit
- $80,362
- Equity at exit
- $7,176
Cash invested: $23,240 (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 48227
- Rents YoY
- 5.6%
- Active inventory
- 385
- Price-to-rent
- 5.0×
Monthly cashflow live
- Estimated rent
- $1,386 high interval (Pro) →
- Mortgage (P&I)
- −$435
- Tax from tax record
- −$96 /mo · $1,156/yr
- Insurance
- −$35
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$291
- Net cashflow
- $529
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
- $20,750
- Closing costs
- $2,490
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 11741 Penrod St Detroit, MI | 3.0 | 1.0 | 1124 | $1,400 | $1.25 | 16d | 1 | 0.25mi |
| 11704 Greenview Ave Detroit, MI | 4.0 | 1.0 | 1046 | $1,300 | $1.24 | 24d | 1 | 0.34mi |
| 10030 Abington Ave Detroit, MI | 4.0 | 2.0 | 1350 | $1,475 | $1.09 | 10d | 1 | 0.42mi |
| 12711 Grandmont Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 17d | 1 | 0.59mi |
| 11641 Mansfield St Unit 2 Detroit, MI | 3.0 | 1.0 | 1449 | $1,300 | $0.90 | 43d | 1 | 0.62mi |
| 12840 Grandmont Ave Detroit, MI | 3.0 | 1.0 | 1100 | $1,200 | $1.09 | 43d | 1 | 0.69mi |
| 12941 Penrod St Detroit, MI | 2.0 | 1.0 | 1000 | $1,275 | $1.27 | 43d | 1 | 0.74mi |
| 9589 Mansfield St Detroit, MI | 4.0 | 1.0 | 1250 | $1,500 | $1.20 | 4d | 1 | 0.81mi |
| 12950 Glastonbury Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 24d | 1 | 0.81mi |
| 13581 Penrod St Detroit, MI | 4.0 | 1.0 | 1152 | $1,200 | $1.04 | 43d | 1 | 0.84mi |
| 13591 Faust Ave Detroit, MI | 2.0 | 1.0 | 1000 | $1,275 | $1.27 | 43d | 1 | 0.87mi |
| 13514 Stahelin Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 17d | 1 | 0.88mi |
| 9108 Archdale St Detroit, MI | 3.0 | 1.0 | 1000 | $1,300 | $1.30 | 4d | 1 | 0.88mi |
| 9936 Montrose St Detroit, MI | 3.0 | 1.0 | 963 | $1,200 | $1.25 | 16d | 1 | 0.93mi |
| 19050 W Davison St Detroit, MI | 3.0 | 1.0 | 1118 | $1,400 | $1.25 | 43d | 1 | 0.94mi |
| 9973 Winthrop St Detroit, MI | 3.0 | 1.0 | 960 | $1,400 | $1.46 | 43d | 1 | 0.95mi |
| 9220 Mansfield St Detroit, MI | 3.0 | 1.0 | 1200 | $1,300 | $1.08 | 43d | 1 | 1.00mi |
| 11393 Prest St Detroit, MI | 3.0 | 1.0 | 900 | $1,550 | $1.72 | 16d | 1 | 1.00mi |
| 19440 W Chicago St Detroit, MI | 3.0 | 1.5 | 1200 | $1,225 | $1.02 | 21d | 1 | 1.03mi |
| 19440 W Chicago St Detroit, MI | 3.0 | 1.5 | 1200 | $1,225 | $1.02 | 17d | 1 | 1.03mi |
| 19449 W Chicago St Detroit, MI | 3.0 | 1.5 | 950 | $1,500 | $1.58 | 43d | 1 | 1.05mi |
| 11397 Whitcomb St Detroit, MI | 3.0 | 1.0 | 1070 | $1,400 | $1.31 | 16d | 1 | 1.06mi |
| 8850 Rosemont Ave Detroit, MI | 3.0 | 1.0 | 933 | $1,100 | $1.18 | 17d | 1 | 1.07mi |
| 12084 Vaughan St Detroit, MI | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 16d | 1 | 1.10mi |
| 9222 Forrer St Detroit, MI | 3.0 | 1.0 | 947 | $1,450 | $1.53 | 16d | 1 | 1.11mi |
| 11634 Sussex St Detroit, MI | 3.0 | 1.0 | 1091 | $1,326 | $1.22 | 24d | 1 | 1.13mi |
| 10015 Robson St Detroit, MI | 3.0 | 2.0 | 1000 | $1,400 | $1.40 | 17d | 1 | 1.25mi |
| 9546 Sussex St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 43d | 1 | 1.26mi |
| 11652 Fielding St Detroit, MI | 3.0 | 1.0 | 1000 | $1,386 | $1.39 | 43d | 1 | 1.28mi |
| 12014 Terry St Detroit, MI | 2.0 | 1.0 | 1361 | $1,200 | $0.88 | 43d | 1 | 1.29mi |
| 12039 Lauder St Detroit, MI | 3.0 | 1.5 | 1000 | $1,500 | $1.50 | 24d | 1 | 1.32mi |
| 9386 Coyle St Detroit, MI | 3.0 | 1.0 | 1000 | $1,300 | $1.30 | 1d | 1 | 1.36mi |
| 13279 Coyle St Detroit, MI | 3.0 | 1.0 | 1444 | $1,373 | $0.95 | 43d | 1 | 1.36mi |
| 11431 Marlowe St Detroit, MI | 3.0 | 1.0 | 1172 | $1,400 | $1.19 | 16d | 1 | 1.38mi |
| 9501 Lauder St Detroit, MI | 3.0 | 2.0 | 1152 | $1,350 | $1.17 | 43d | 1 | 1.45mi |
| 20522 W Chicago Detroit, MI | 2.0 | 1.0 | 1000 | $950 | $0.95 | 43d | 1 | 1.45mi |
| 20529 W Chicago Detroit, MI | 2.0 | 1.0 | 1000 | $900 | $0.90 | 43d | 1 | 1.47mi |
| 14510 Asbury Park Detroit, MI | 2.0 | 1.0 | 1771 | $1,250 | $0.71 | 43d | 1 | 1.47mi |
| 9401 Fielding St Detroit, MI | 2.0 | 1.0 | 1000 | $900 | $0.90 | 43d | 1 | 1.47mi |
| 20550 W Chicago Detroit, MI | 2.0 | 1.0 | 1000 | $900 | $0.90 | 43d | 1 | 1.47mi |
Listing history 30 events
-
2026-06-18days on market $83,000 Active 65 DOM
-
2026-06-17days on market $83,000 Active 64 DOM
-
2026-06-15days on market $83,000 Active 62 DOM
-
2026-06-13days on market $83,000 Active 60 DOM
-
2026-06-13days on market $83,000 Active 59 DOM
-
2026-06-09days on market $83,000 Active 56 DOM
-
2026-06-08days on market $83,000 Active 55 DOM
-
2026-06-07days on market $83,000 Active 54 DOM
-
2026-06-04days on market $83,000 Active 51 DOM
-
2026-06-03days on market $83,000 Active 50 DOM
-
2026-06-02days on market $83,000 Active 49 DOM
-
2026-06-01days on market $83,000 Active 48 DOM
-
2026-05-31days on market $83,000 Active 47 DOM
-
2026-04-22price $83,000 269-char remark
Show marketing remark (269 chars)
three-bedroom, one-bathroom colonial-style home located in Detroit, on the city's west side. The property offers a spacious layout * * PROPERTY IS RENTED T * * * * !!!DO NOT DISTURB THE TENANTS * * * * * Seller May be open to LAND CONTRACT TERMS * * * *
-
2026-04-22price $83,000 269-char remark
Show marketing remark (269 chars)
three-bedroom, one-bathroom colonial-style home located in Detroit, on the city's west side. The property offers a spacious layout * * PROPERTY IS RENTED T * * * * !!!DO NOT DISTURB THE TENANTS * * * * * Seller May be open to LAND CONTRACT TERMS * * * *
-
2026-04-14$85,000 Active 269-char remark
Show marketing remark (269 chars)
three-bedroom, one-bathroom colonial-style home located in Detroit, on the city's west side. The property offers a spacious layout * * PROPERTY IS RENTED T * * * * !!!DO NOT DISTURB THE TENANTS * * * * * Seller May be open to LAND CONTRACT TERMS * * * *
-
2026-04-14$85,000 Active 269-char remark
Show marketing remark (269 chars)
three-bedroom, one-bathroom colonial-style home located in Detroit, on the city's west side. The property offers a spacious layout * * PROPERTY IS RENTED T * * * * !!!DO NOT DISTURB THE TENANTS * * * * * Seller May be open to LAND CONTRACT TERMS * * * *
-
2026-04-05historical
-
2026-04-05historical
-
2026-02-20price $85,000
-
2026-02-19price $85,000
-
2025-12-27price $92,000
-
2025-12-26price $92,000
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2025-08-04$95,000 Active
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2025-08-04$95,000 Active
-
2021-09-20soldstatus $89,900
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2015-01-02historical
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2014-12-31historical
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2014-03-25$3,500 Active
-
2014-03-25$3,500
ⓘ 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
- $1,156 · $96/mo
- Projected year-2 tax
- $1,217 · $101/mo
- Expected delta
- +$61/yr (+$5/mo · 5.3%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 6/10 Major FEMA zone X (unshaded) · 69% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,636
- − Mortgage interest
- −$4,649
- − Property taxes
- −$1,156
- − Insurance
- −$415
- − Repairs & maintenance
- −$1,331
- − Management
- −$1,331
- − Depreciation
- −$2,415
- Taxable income
- $5,340
- Est. tax owed @ 24.0%
- −$1,281
- After-tax cash flow
- $5,067/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Detroit Public Schools Community District
- NCES district ID
- 2601103
- Math proficiency
- 10% ▼ -2.00%
- Reading proficiency
- 24% ▲ 6.00%
- Median HH income
- $25,815
- Composite
- 13.06/100
- National rank
- #9564
- State rank
- #499 of 540 in MI
Livability — Detroit
- Score
- 73/100
- State rank
- #218
- US rank
- #5427
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Detroit, MI
- County
- Wayne County · 1,562,939 people
- City population
- 572,865
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 40,302
- Household income
- $36,527
- Rent vs Own
- Severe rent burden
- 2371.0
Population outlook (Wayne County) Hauer SSP2
- Today (2025)
- 1,675,273 people
- By 2030
- 1,620,300 · -3.3%
- By 2040
- 1,502,341 · -10.3%
- By 2050
- 1,384,039 · -17.4%
- By 2075
- 1,124,592 · -32.9%
- By 2100
- 881,193 · -47.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Black (95%)
- Race & ethnicity
- Black 95% Two or more races 3% White 1%
- Foreign-born
- 1%
- Languages at home
- 98% English-only · Spanish 1% French/Haitian/Cajun 1%
Political lean MEDSL · Wayne
- 2024 margin
- Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
- 2008→2024 swing
- -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
- All cycles
- 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -125.00%
- Current HPI
- 186.4158
- Rent YoY
- ▲ 5.59%
- 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
+2271.4% since first listed17 events — show timeline
- 2026-04-22 Price Changed $83,000 MiRealSource-MiMLS
- 2026-04-22 Price Changed $83,000 REALCOMP
- 2026-04-14 Listed $85,000 REALCOMP
- 2026-04-14 Listed $85,000 MiRealSource-MiMLS
- 2026-04-05 Listing Removed — MiRealSource-MiMLS
- 2026-04-05 Listing Removed — REALCOMP
- 2026-02-20 Price Changed $85,000 MiRealSource-MiMLS
- 2026-02-19 Price Changed $85,000 REALCOMP
- 2025-12-27 Price Changed $92,000 MiRealSource-MiMLS
- 2025-12-26 Price Changed $92,000 REALCOMP
- 2025-08-04 Listed $95,000 REALCOMP
- 2025-08-04 Listed $95,000 MiRealSource-MiMLS
- 2021-09-20 Sold (Public Records) $89,900 Public Records
- 2015-01-02 Listing Removed — REALCOMP
- 2014-12-31 Listing Removed — MiRealSource-MiMLS
- 2014-03-25 Listed $3,500 MiRealSource-MiMLS
- 2014-03-25 Listed $3,500 REALCOMP
Property tax history
+2.0%/yrLatest (2025): $1,156 · -53.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…