8072 Senator St · Detroit, MI 48209

$129,900

4 bd · 1.0 ba · 1,214 sqft · SingleFamily public records · 6 Days on market

Built 1916 3,049 sqft lot $107/sqft · at area comps Est $127k · at est.

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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 +22.4/30.0
• Appreciation +10.0/10.0
• DSCR +7.2/10.0
• 1% rule +6.7/10.0
• ARV discount +6.5/15.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0

Listing remarks MLS

Welcome to 8072 Senator Street, a spacious and well-located home in the heart of Southwest Detroit. This property features 4 bedrooms and 1.5 bathrooms, offering plenty of space for families or investors seeking strong rental potential. Conveniently situated within walking distance to Bennett Elementary School, this home is ideal for those looking for easy access to nearby education and community amenities. You'll also enjoy being close to a wide variety of local shops, restaurants, parks, and essential services. With quick access to major freeways, commuting throughout the city and surrounding areas is simple and efficient. A great opportunity in a well-established neighborhood, don't miss your chance to make this versatile property your next home or investment.

Key facts

• Close to parks
• Close to restaurants
• Close to local shops

Tags

• CLOSE TO LOCAL SHOPS
• CLOSE TO RESTAURANTS
• CLOSE TO PARKS
• QUICK ACCESS TO MAJOR FREEWAYS
• WELL ESTABLISHED NEIGHBORHOOD

Property features AI

Exterior

• Parking: No garage
• Utilities: Public water available; Public sewer available
• Home design: Single-family residence; Two levels; Ground-level entry with steps; Vinyl siding
• Construction: Brick/mortar foundation
• Exterior features: Paved road access; Lot approximately 0.07 acres (30 x 100)

Interior

• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Forced air heating (natural gas); No central cooling
• Interior features: Unfinished basement; Total of 4 rooms

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $217 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).

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: 69 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 42% of the median local income ($43k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $14k of equity ($898 loan paydown + $13k appreciation (10.0% local appreciation)).
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 3y 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 1916 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $129,900

Questions for the listing agent

1. Built in 1916 — 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: 1.17% ✓
• Cap rate: 8.29%
• Cash-on-cash: 7.15%
• DSCR: 1.32
• GRM: 7.1

CMA / ARV

• ARV (median comp): $127,026
• List price: $129,900
• Delta: 2.26%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8072 Senator St	0.00mi	4/1.5	1,214 (0%)	1mo	$133,000	$110	97
8080 Gartner St	0.11mi	3/1.0 (-1)	1,200 (-1%)	3mo	$165,000	$138	86
1976 Cabot St	0.28mi	4/3.0	1,213 (-0%)	5mo	$160,000	$132	74
2321 Casper St	0.20mi	4/1.0	1,144 (-6%)	20mo	$110,000	$96	64
9113 Avis St	0.50mi	3/1.5 (-1)	1,232 (+2%)	12mo	$160,000	$130	57
8792 Chamberlain St	0.60mi	3/1.5 (-1)	1,224 (+1%)	8mo	$110,000	$90	56
2713 Casper St	0.45mi	3/1.0 (-1)	1,100 (-9%)	9mo	$125,000	$114	51
7332 Navy St	0.29mi	3/1.0 (-1)	1,380 (+14%)	10mo	$83,000	$60	51

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 29.5%
• Equity multiple: 3.33×
• Total profit: $84,624
• Equity at exit: $117,024

10-year hold

• IRR: 25.6%
• Equity multiple: 7.56×
• Total profit: $238,505
• Equity at exit: $252,367

Cash invested: $36,372 (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 48209

• Home prices YoY: 21.8%
• Active inventory: 69
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,522 medium
• Mortgage (P&I): −$681
• Tax from tax record: −$250 /mo · $3,005/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$320
• Net cashflow: $217

Break-even live

Break-even rent $1,248

Max offer price $129,900

Occupancy floor 81%

Sensitivity live

Price	-10% $290	-5% $253	+0% $217	+5% $180	+10% $143
Rent	-10% $96	-5% $157	+0% $217	+5% $277	+10% $337
Rate	-1.0pp $282	-0.5pp $250	base $217	+0.5pp $183	+1.0pp $149

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2488 Woodmere St Detroit, MI	3.0	1.0	1000	$1,453	$1.45	6d	1	0.39mi
1434 Campbell St Detroit, MI	3.0	1.0	1150	$1,750	$1.52	25d	1	1.40mi
5421 Toledo St Detroit, MI	4.0	2.0	1493	$1,500	$1.00	0d	1	1.48mi

Listing history 13 events

1. 2026-05-12
   status Pending 773-char remark

   Show marketing remark (773 chars)

   Welcome to 8072 Senator Street, a spacious and well-located home in the heart of Southwest Detroit. This property features 4 bedrooms and 1.5 bathrooms, offering plenty of space for families or investors seeking strong rental potential. Conveniently situated within walking distance to Bennett Elementary School, this home is ideal for those looking for easy access to nearby education and community amenities. You'll also enjoy being close to a wide variety of local shops, restaurants, parks, and essential services. With quick access to major freeways, commuting throughout the city and surrounding areas is simple and efficient. A great opportunity in a well-established neighborhood, don't miss your chance to make this versatile property your next home or investment.

2. 2026-05-12
   status Pending 785-char remark

   Show marketing remark (773 chars)

   Welcome to 8072 Senator Street, a spacious and well-located home in the heart of Southwest Detroit. This property features 4 bedrooms and 1.5 bathrooms, offering plenty of space for families or investors seeking strong rental potential. Conveniently situated within walking distance to Bennett Elementary School, this home is ideal for those looking for easy access to nearby education and community amenities. You'll also enjoy being close to a wide variety of local shops, restaurants, parks, and essential services. With quick access to major freeways, commuting throughout the city and surrounding areas is simple and efficient. A great opportunity in a well-established neighborhood, don't miss your chance to make this versatile property your next home or investment.

3. 2026-05-06
   listed $129,900 Active 785-char remark

   Show marketing remark (773 chars)

   Welcome to 8072 Senator Street, a spacious and well-located home in the heart of Southwest Detroit. This property features 4 bedrooms and 1.5 bathrooms, offering plenty of space for families or investors seeking strong rental potential. Conveniently situated within walking distance to Bennett Elementary School, this home is ideal for those looking for easy access to nearby education and community amenities. You'll also enjoy being close to a wide variety of local shops, restaurants, parks, and essential services. With quick access to major freeways, commuting throughout the city and surrounding areas is simple and efficient. A great opportunity in a well-established neighborhood, don't miss your chance to make this versatile property your next home or investment.

4. 2026-05-06
   listed $129,900 Active 773-char remark

   Show marketing remark (773 chars)

   Welcome to 8072 Senator Street, a spacious and well-located home in the heart of Southwest Detroit. This property features 4 bedrooms and 1.5 bathrooms, offering plenty of space for families or investors seeking strong rental potential. Conveniently situated within walking distance to Bennett Elementary School, this home is ideal for those looking for easy access to nearby education and community amenities. You'll also enjoy being close to a wide variety of local shops, restaurants, parks, and essential services. With quick access to major freeways, commuting throughout the city and surrounding areas is simple and efficient. A great opportunity in a well-established neighborhood, don't miss your chance to make this versatile property your next home or investment.

5. 2023-11-04
   historical $1,550
6. 2023-10-20
   listed $1,550
7. 2023-08-24
   status Pending

   Show marketing remark (4 chars)

   LSSD

8. 2023-08-24
   soldstatus $47,000 Sold

   Show marketing remark (4 chars)

   LSSD

9. 2023-08-24
   listed $47,000 Active

   Show marketing remark (4 chars)

   LSSD

10. 2023-08-24
    historical

    Show marketing remark (4 chars)

    LSSD

11. 2023-08-24
    soldstatus $47,000 Closed

    Show marketing remark (4 chars)

    LSSD

12. 2023-08-24
    listed $47,000

    Show marketing remark (4 chars)

    LSSD

13. 1996-08-27
    soldstatus $15,000

ⓘ 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: $3,005 · $250/mo
• Projected year-2 tax: $3,005 · $250/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 ≥95°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,265
• − Mortgage interest: −$7,276
• − Property taxes: −$3,005
• − Insurance: −$650
• − Repairs & maintenance: −$1,461
• − Management: −$1,461
• − Depreciation: −$3,779
• Taxable income: $632
• Est. tax owed @ 24.0%: −$152
• After-tax cash flow: $2,448/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): 27,184
• Household income: $43,161
• Rent vs Own: 38.8% rent · 61.2% own
• Severe rent burden: 831.0

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 Hispanic (76%)
• Race & ethnicity: Hispanic / Latino 76% White 17% Two or more races 14% Black 6% Native American 2%
• Hispanic origin (detail): Mexican 58% Puerto Rican 7% Cuban 1%
• Common ancestry: Romanian 2% Lithuanian 0%
• Foreign-born: 26% · Canada
• Languages at home: 38% English-only · Spanish 62%

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: ▲ 73.77%
• Current HPI: 412.9753
• Rent YoY: —
• 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

+786.7% since first listed

15 events — show timeline

• 2026-05-21 Sold (MLS) $133,000 MiRealSource-MiMLS
• 2026-05-21 Sold (MLS) $133,000 REALCOMP
• 2026-05-12 Pending — MiRealSource-MiMLS
• 2026-05-12 Pending — REALCOMP
• 2026-05-06 Listed $129,900 REALCOMP
• 2026-05-06 Listed $129,900 MiRealSource-MiMLS
• 2023-11-04 Rental Removed $1,550 BUILDIUM
• 2023-10-20 Listed for Rent $1,550 BUILDIUM
• 2023-08-24 Pending — REALCOMP
• 2023-08-24 Listing Removed — MiRealSource-MiMLS
• 2023-08-24 Listed $47,000 MiRealSource-MiMLS
• 2023-08-24 Listed $47,000 REALCOMP
• 2023-08-24 Sold (MLS) $47,000 MiRealSource-MiMLS
• 2023-08-24 Sold (MLS) $47,000 REALCOMP
• 1996-08-27 Sold (Public Records) $15,000 Public Records

Property tax history

+8.5%/yr

Latest (2025): $3,005 · -1.1% YoY. Source: county tax records.