CashFlowRE
Sign in Sign up
No image
C- Composite 54.86
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 +25.6/30.0
  • DSCR +8.5/10.0
  • 1% rule +7.2/10.0
  • Rent growth +4.5/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • ARV discount +1.6/15.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$108,900

20529 Grandview St · Detroit, MI 48219
3 bd · 1.0 ba · 908 sqft · SingleFamily public records · 28 Days on market
Built 1955 6,098 sqft lot Est $96k · 13% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to this charming 3-bedroom, 1-bathroom home. Newly stained hardwood floors, new roof, furnace, and water heater. The spacious living area provides the perfect setting for relaxation, with ample natural light streaming through the windows, illuminating the homes soft character. Every element of the kitchen has been thoughtfully updated to optimize space and usability. Freshly painted white crisp cabinetry create a clean and inviting atmosphere. The front yard delights with its manicured landscaping and ample green space, offering opportunities for outdoor gardening. Convenience is key with this property, as it is ideally situated close to major highways, ensuring easy access to nearby cities and attractions. Don't miss your chance to make this delightful home yours!

Key facts

  • 6,098 sq ft lot
  • Built 1955
  • Listed 28 days

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 3-bed/1.0-bath single-family listed at $109k.

Deal economics

  • At list price, monthly cash flow is $258 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $109k).
  • Recommended offer: $107k (1.5% below list) — sets the bar for market timing.

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 (+8.0%/yr); 305 active listings in the ZIP; 27 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).
  • This rent runs 36% of the median local income ($44k/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 $753 of loan paydown is wiped out by about $3k 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 + 8.0% rent growth), your $30k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 28 days — a 2% lower offer ($107k) is reasonable based on typical stale-listing flexibility.
  • 11 sale attempts since 30y ago; this cycle's ask has dropped $11k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $107,266 (1.5% below list)

Questions for the listing agent

  1. Built in 1955 — 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. 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?
  4. 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?
  5. 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.
  6. 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.
  7. 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
1.22%
Cap rate
9.14%
Cash-on-cash
10.17%
DSCR
1.45
GRM
6.9

CMA / ARV

ARV (on-the-fly)
$96,248
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
20403 Grandview St 0.12mi 3/1.0 908 (0%) 6mo $83,000 $91 89
19978 Grandview St 0.26mi 3/1.0 939 (+3%) 8mo $100,000 $106 75
20531 Lennane 0.37mi 3/1.0 922 (+2%) 7mo $140,000 $152 74
19309 Lenore 0.70mi 3/1.0 920 (+1%) 2mo $86,900 $94 63
19940 Salem St 0.32mi 3/1.0 972 (+7%) 12mo $99,900 $103 63
20441 Five Points St 0.16mi 2/1.0 (-1) 814 (-10%) 11mo $65,000 $80 61
19512 Garfield 0.57mi 2/1.0 (-1) 920 (+1%) 11mo $115,000 $125 57
19371 Winston St 0.62mi 3/1.5 960 (+6%) 5mo $120,200 $125 56
19848 Winston St 0.41mi 3/1.5 1,032 (+14%) 2mo $92,000 $89 55
19916 Salem St 0.35mi 2/1.0 (-1) 816 (-10%) 11mo $64,000 $78 52
19495 Dalby 0.62mi 3/1.0 960 (+6%) 12mo $172,000 $179 52
19445 Five Pts 0.57mi 2/1.5 (-1) 1,023 (+13%) 11mo $110,000 $108 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 · 8.0% rent growth · sell at horizon

5-year hold
IRR
4.7%
Equity multiple
1.19×
Total profit
$5,846
Equity at exit
$16,237
10-year hold
IRR
18.5%
Equity multiple
2.91×
Total profit
$58,289
Equity at exit
$9,416

Cash invested: $30,492 (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 48219

Home prices YoY
-10.3%
Rents YoY
8.0%
Active inventory
305
Price-to-rent
6.9×

Monthly cashflow live

Estimated rent
$1,324 high interval (Pro) →
Mortgage (P&I)
$571
Tax from tax record
$171 /mo · $2,052/yr
Insurance
$45
HOA
$0
Vacancy / Maint / Mgmt
$278
Net cashflow
$258

Break-even live

Break-even rent $997
Max offer price $108,900
Occupancy floor 75%

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
$27,225
Closing costs
$3,267
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 27 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
20410 Five Points St Redford, MI 3.0 1.0 950 $1,600 $1.68 4d 1 0.11mi
20083 Salem St Detroit, MI 3.0 1.0 969 $1,050 $1.08 4d 1 0.14mi
20083 Salem St Detroit, MI 3.0 1.0 969 $1,050 $1.08 10d 1 0.14mi
25400 Basin St Southfield, MI 1.0–2.0 1.0 825 $1,400 $1.70 5d 11 0.44mi
25740 Shiawassee St Southfield, MI 1.0–2.0 1.0 850 $1,253 $1.47 43d 10 0.49mi
19800 Telegraph Rd Detroit, MI 2.0 1.0 855 $1,020 $1.19 43d 1 0.62mi
23411 W Eight Mile Rd Detroit, MI 1.0–2.0 1.0 742 $1,000 $1.35 43d 1 0.65mi
19264 Telegraph Rd Unit G7 Detroit, MI 2.0 1.0 820 $975 $1.19 43d 1 0.81mi
19276 Telegraph Rd Detroit, MI 2.0 1.0 820 $975 $1.19 43d 1 0.81mi
19248 Telegraph Rd Unit P7 Detroit, MI 2.0 1.0 820 $975 $1.19 24d 1 0.84mi
19250 Telegraph Rd Unit O7 Detroit, MI 2.0 1.0 820 $975 $1.19 24d 1 0.84mi
19301 Shiawassee Dr Detroit, MI 1.0–2.0 1.0 740 $1,150 $1.55 43d 2 0.90mi
24224 W 7 Mile Rd Detroit, MI 1.0–2.0 1.0 600 $875 $1.46 43d 3 0.90mi
18732 Salem Unit 2 Detroit, MI 2.0 1.0 925 $1,050 $1.14 12d 1 0.97mi
19800 Berg Rd Detroit, MI 3.0 1.0 1000 $1,550 $1.55 16d 1 1.01mi
22649 Frisbee St Detroit, MI 3.0 1.0 1100 $1,495 $1.36 43d 1 1.04mi
20516 Denby Redford, MI 4.0 1.5 950 $1,800 $1.89 18d 1 1.25mi
22238 Pembroke Ave Detroit, MI 3.0 1.5 1100 $1,500 $1.36 43d 1 1.27mi
18302 Wormer St Detroit, MI 3.0 1.0 1046 $1,475 $1.41 43d 1 1.27mi
22570 Seven Mile W Detroit, MI 2.0 1.0 890 $875 $0.98 43d 1 1.32mi
20524 Indian Redford, MI 3.0 1.0 988 $1,600 $1.62 24d 1 1.32mi
19928 Houghton St Detroit, MI 3.0 1.0 880 $1,495 $1.70 10d 1 1.32mi
20555 Lahser Rd Detroit, MI 1.0–2.0 1.0 737 $975 $1.32 43d 2 1.33mi
47129 Wedgewood Southfield, MI 1.0–2.0 1.0–2.0 1000 $1,275 $1.27 43d 1 1.40mi
26539 Clarita Redford, MI 3.0 1.5 931 $1,875 $2.01 24d 1 1.46mi
27045 Shiawassee Rd Southfield, MI 3.0 1.0 705 $1,450 $2.06 18d 1 1.47mi
21335 Negaunee Unit 1542196P Southfield, MI 3.0 1.0 850 $3,345 $3.94 4d 1 1.49mi

Listing history 33 events

  1. 2024-12-17
    status Pending 783-char remark
    Show marketing remark (783 chars)

    Welcome to this charming 3-bedroom, 1-bathroom home. Newly stained hardwood floors, new roof, furnace, and water heater. The spacious living area provides the perfect setting for relaxation, with ample natural light streaming through the windows, illuminating the homes soft character. Every element of the kitchen has been thoughtfully updated to optimize space and usability. Freshly painted white crisp cabinetry create a clean and inviting atmosphere. The front yard delights with its manicured landscaping and ample green space, offering opportunities for outdoor gardening. Convenience is key with this property, as it is ideally situated close to major highways, ensuring easy access to nearby cities and attractions. Don't miss your chance to make this delightful home yours!

  2. 2024-08-14
    soldstatus $98,900
  3. 2024-06-22
    status Pending 783-char remark
    Show marketing remark (783 chars)

    Welcome to this charming 3-bedroom, 1-bathroom home. Newly stained hardwood floors, new roof, furnace, and water heater. The spacious living area provides the perfect setting for relaxation, with ample natural light streaming through the windows, illuminating the homes soft character. Every element of the kitchen has been thoughtfully updated to optimize space and usability. Freshly painted white crisp cabinetry create a clean and inviting atmosphere. The front yard delights with its manicured landscaping and ample green space, offering opportunities for outdoor gardening. Convenience is key with this property, as it is ideally situated close to major highways, ensuring easy access to nearby cities and attractions. Don't miss your chance to make this delightful home yours!

  4. 2024-06-22
    status Pending 783-char remark
    Show marketing remark (783 chars)

    Welcome to this charming 3-bedroom, 1-bathroom home. Newly stained hardwood floors, new roof, furnace, and water heater. The spacious living area provides the perfect setting for relaxation, with ample natural light streaming through the windows, illuminating the homes soft character. Every element of the kitchen has been thoughtfully updated to optimize space and usability. Freshly painted white crisp cabinetry create a clean and inviting atmosphere. The front yard delights with its manicured landscaping and ample green space, offering opportunities for outdoor gardening. Convenience is key with this property, as it is ideally situated close to major highways, ensuring easy access to nearby cities and attractions. Don't miss your chance to make this delightful home yours!

  5. 2024-06-22
    status Pending
    Show marketing remark (783 chars)

    Welcome to this charming 3-bedroom, 1-bathroom home. Newly stained hardwood floors, new roof, furnace, and water heater. The spacious living area provides the perfect setting for relaxation, with ample natural light streaming through the windows, illuminating the homes soft character. Every element of the kitchen has been thoughtfully updated to optimize space and usability. Freshly painted white crisp cabinetry create a clean and inviting atmosphere. The front yard delights with its manicured landscaping and ample green space, offering opportunities for outdoor gardening. Convenience is key with this property, as it is ideally situated close to major highways, ensuring easy access to nearby cities and attractions. Don't miss your chance to make this delightful home yours!

  6. 2024-06-16
    price $108,900 783-char remark
    Show marketing remark (783 chars)

    Welcome to this charming 3-bedroom, 1-bathroom home. Newly stained hardwood floors, new roof, furnace, and water heater. The spacious living area provides the perfect setting for relaxation, with ample natural light streaming through the windows, illuminating the homes soft character. Every element of the kitchen has been thoughtfully updated to optimize space and usability. Freshly painted white crisp cabinetry create a clean and inviting atmosphere. The front yard delights with its manicured landscaping and ample green space, offering opportunities for outdoor gardening. Convenience is key with this property, as it is ideally situated close to major highways, ensuring easy access to nearby cities and attractions. Don't miss your chance to make this delightful home yours!

  7. 2024-06-16
    price $108,900 783-char remark
    Show marketing remark (783 chars)

    Welcome to this charming 3-bedroom, 1-bathroom home. Newly stained hardwood floors, new roof, furnace, and water heater. The spacious living area provides the perfect setting for relaxation, with ample natural light streaming through the windows, illuminating the homes soft character. Every element of the kitchen has been thoughtfully updated to optimize space and usability. Freshly painted white crisp cabinetry create a clean and inviting atmosphere. The front yard delights with its manicured landscaping and ample green space, offering opportunities for outdoor gardening. Convenience is key with this property, as it is ideally situated close to major highways, ensuring easy access to nearby cities and attractions. Don't miss your chance to make this delightful home yours!

  8. 2024-06-16
    price $108,900
    Show marketing remark (783 chars)

    Welcome to this charming 3-bedroom, 1-bathroom home. Newly stained hardwood floors, new roof, furnace, and water heater. The spacious living area provides the perfect setting for relaxation, with ample natural light streaming through the windows, illuminating the homes soft character. Every element of the kitchen has been thoughtfully updated to optimize space and usability. Freshly painted white crisp cabinetry create a clean and inviting atmosphere. The front yard delights with its manicured landscaping and ample green space, offering opportunities for outdoor gardening. Convenience is key with this property, as it is ideally situated close to major highways, ensuring easy access to nearby cities and attractions. Don't miss your chance to make this delightful home yours!

  9. 2024-05-25
    listed $119,999 Active 783-char remark
    Show marketing remark (783 chars)

    Welcome to this charming 3-bedroom, 1-bathroom home. Newly stained hardwood floors, new roof, furnace, and water heater. The spacious living area provides the perfect setting for relaxation, with ample natural light streaming through the windows, illuminating the homes soft character. Every element of the kitchen has been thoughtfully updated to optimize space and usability. Freshly painted white crisp cabinetry create a clean and inviting atmosphere. The front yard delights with its manicured landscaping and ample green space, offering opportunities for outdoor gardening. Convenience is key with this property, as it is ideally situated close to major highways, ensuring easy access to nearby cities and attractions. Don't miss your chance to make this delightful home yours!

  10. 2024-05-25
    historical $119,999 783-char remark
    Show marketing remark (783 chars)

    Welcome to this charming 3-bedroom, 1-bathroom home. Newly stained hardwood floors, new roof, furnace, and water heater. The spacious living area provides the perfect setting for relaxation, with ample natural light streaming through the windows, illuminating the homes soft character. Every element of the kitchen has been thoughtfully updated to optimize space and usability. Freshly painted white crisp cabinetry create a clean and inviting atmosphere. The front yard delights with its manicured landscaping and ample green space, offering opportunities for outdoor gardening. Convenience is key with this property, as it is ideally situated close to major highways, ensuring easy access to nearby cities and attractions. Don't miss your chance to make this delightful home yours!

  11. 2024-05-25
    listed $119,999 Active
    Show marketing remark (783 chars)

    Welcome to this charming 3-bedroom, 1-bathroom home. Newly stained hardwood floors, new roof, furnace, and water heater. The spacious living area provides the perfect setting for relaxation, with ample natural light streaming through the windows, illuminating the homes soft character. Every element of the kitchen has been thoughtfully updated to optimize space and usability. Freshly painted white crisp cabinetry create a clean and inviting atmosphere. The front yard delights with its manicured landscaping and ample green space, offering opportunities for outdoor gardening. Convenience is key with this property, as it is ideally situated close to major highways, ensuring easy access to nearby cities and attractions. Don't miss your chance to make this delightful home yours!

  12. 2024-05-25
    historical $119,999
    Show marketing remark (783 chars)

    Welcome to this charming 3-bedroom, 1-bathroom home. Newly stained hardwood floors, new roof, furnace, and water heater. The spacious living area provides the perfect setting for relaxation, with ample natural light streaming through the windows, illuminating the homes soft character. Every element of the kitchen has been thoughtfully updated to optimize space and usability. Freshly painted white crisp cabinetry create a clean and inviting atmosphere. The front yard delights with its manicured landscaping and ample green space, offering opportunities for outdoor gardening. Convenience is key with this property, as it is ideally situated close to major highways, ensuring easy access to nearby cities and attractions. Don't miss your chance to make this delightful home yours!

  13. 2024-05-25
    listed $119,999 Active 783-char remark
    Show marketing remark (783 chars)

    Welcome to this charming 3-bedroom, 1-bathroom home. Newly stained hardwood floors, new roof, furnace, and water heater. The spacious living area provides the perfect setting for relaxation, with ample natural light streaming through the windows, illuminating the homes soft character. Every element of the kitchen has been thoughtfully updated to optimize space and usability. Freshly painted white crisp cabinetry create a clean and inviting atmosphere. The front yard delights with its manicured landscaping and ample green space, offering opportunities for outdoor gardening. Convenience is key with this property, as it is ideally situated close to major highways, ensuring easy access to nearby cities and attractions. Don't miss your chance to make this delightful home yours!

  14. 2012-08-21
    soldstatus $8,000
  15. 2012-08-21
    soldstatus $8,000
  16. 2012-07-25
    soldstatus $8,000
  17. 2012-07-05
    historical
  18. 2012-07-05
    historical
  19. 2012-07-05
    historical
  20. 2012-06-14
    listed $10,206
  21. 2012-06-14
    listed $10,206
  22. 2012-05-30
    historical
  23. 2012-05-30
    historical
  24. 2012-04-15
    listed $10,206
  25. 2012-03-30
    listed $11,340
  26. 2012-03-30
    listed $11,340
  27. 2012-03-29
    historical
  28. 2012-03-29
    historical
  29. 2012-02-29
    listed $14,000
  30. 2012-02-29
    listed $14,000
  31. 1996-12-13
    soldstatus $44,900
  32. 1996-09-15
    listed $44,900
  33. 1996-01-10
    soldstatus $44,900

ⓘ 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
$2,052 · $171/mo
Projected year-2 tax
$2,052 · $171/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 ≥98°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 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
$15,886
− Mortgage interest
−$6,100
− Property taxes
−$2,052
− Insurance
−$544
− Repairs & maintenance
−$1,271
− Management
−$1,271
− Depreciation
−$3,168
Taxable income
$1,479
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$355
After-tax cash flow
$2,745/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

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

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)
47,208
Household income
$43,655
Rent vs Own
45.1% rent · 54.9% own
Severe rent burden
3584.0

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 (88%)
Race & ethnicity
Black 88% White 5% Two or more races 4% Hispanic / Latino 1%
Common ancestry
Romanian 1% Lithuanian 1%
Foreign-born
2% · Canada
Languages at home
96% 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
▼ -65.06%
Current HPI
563.3263
Rent YoY
▲ 8.04%
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

+120.3% since first listed
33 events — show timeline
  • 2024-12-17 Pending REALCOMP
  • 2024-08-14 Sold (Public Records) $98,900 Public Records
  • 2024-06-22 Pending REALCOMP
  • 2024-06-22 Pending MiRealSource-MiMLS
  • 2024-06-22 Pending SW Michigan MLS
  • 2024-06-16 Price Changed $108,900 MiRealSource-MiMLS
  • 2024-06-16 Price Changed $108,900 REALCOMP
  • 2024-06-16 Price Changed $108,900 SW Michigan MLS
  • 2024-05-25 Listed $119,999 MiRealSource-MiMLS
  • 2024-05-25 Coming Soon $119,999 MiRealSource-MiMLS
  • 2024-05-25 Listed $119,999 SW Michigan MLS
  • 2024-05-25 Coming Soon $119,999 SW Michigan MLS
  • 2024-05-25 Listed $119,999 REALCOMP
  • 2012-08-21 Sold (MLS) $8,000 MiRealSource-MiMLS
  • 2012-08-21 Sold (MLS) $8,000 REALCOMP
  • 2012-07-25 Sold (MLS) $8,000 MiRealSource-MiMLS
  • 2012-07-05 Listing Removed MiRealSource-MiMLS
  • 2012-07-05 Listing Removed MiRealSource-MiMLS
  • 2012-07-05 Listing Removed REALCOMP
  • 2012-06-14 Listed $10,206 MiRealSource-MiMLS
  • 2012-06-14 Listed $10,206 REALCOMP
  • 2012-05-30 Listing Removed REALCOMP
  • 2012-05-30 Listing Removed MiRealSource-MiMLS
  • 2012-04-15 Listed $10,206 MiRealSource-MiMLS
  • 2012-03-30 Listed $11,340 REALCOMP
  • 2012-03-30 Listed $11,340 MiRealSource-MiMLS
  • 2012-03-29 Listing Removed REALCOMP
  • 2012-03-29 Listing Removed MiRealSource-MiMLS
  • 2012-02-29 Listed $14,000 REALCOMP
  • 2012-02-29 Listed $14,000 MiRealSource-MiMLS
  • 1996-12-13 Sold (MLS) $44,900 REALCOMP
  • 1996-09-15 Listed $44,900 REALCOMP
  • 1996-01-10 Sold (Public Records) $44,900 Public Records

Property tax history

+7.2%/yr

Latest (2025): $2,052 · +182.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…