20144 Stoepel St · Detroit, MI 48221

$84,900

3 bd · 1.0 ba · 848 sqft · SingleFamily public records · 153 Days on market

Built 1939 4,356 sqft lot $100/sqft · 13% below area Est $98k · 13% under

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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 +30.0/30.0
• ARV discount +13.5/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.7/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming vinyl-sided bungalow located in the heart of Detroit’s 48221 area. This well-laid-out home offers 3 spacious bedrooms and 1 full bathroom, making it a great option for homeowners or investors alike. The main level features a bright living area, functional kitchen, and comfortable bedroom layout. Upstairs, you’ll find additional living space perfect for a bedroom, office, or flex area. The full basement provides ample storage and potential for future finishing, laundry space, or a workshop. Outside, the durable vinyl exterior offers low-maintenance living. Conveniently located near shopping, dining, schools, and major freeways, this home offers easy access to everything the city has to offer. Whether you’re looking for a primary residence or a solid investment opportunity, this Detroit bungalow has great potential.

Key facts

• Functional kitchen
• Easy access
• Vinyl sided bungalow

Tags

• VINYL SIDED BUNGALOW
• BRIGHT LIVING AREA
• FUNCTIONAL KITCHEN
• FULL BASEMENT
• DURABLE VINYL EXTERIOR
• EASY ACCESS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $531 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $75k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.8% vs local median 10.0% 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: 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.
• Zoned schools: Pasteur Elementary School (math 10% / reading 10%, grade F, #1,230 of 1,397 statewide, top 91%, 312 students, 88% FRL); Mumford High School (math 24% / reading 24%, grade F, #481 of 713 statewide, top 81%, 889 students, 86% FRL) — zoned schools at 87% FRL track the district average.
• Market conditions: Rents rising (+3.4%/yr); 349 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 30% of the median local income ($58k/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 $587 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 + 3.4% rent growth), your $24k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 153 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 19y ago; this cycle's ask has dropped $15k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $73k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1939 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $74,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 153 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1939 — 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 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?
6. 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?
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: 1.73% ✓
• Cap rate: 13.80%
• Cash-on-cash: 26.83%
• DSCR: 2.19
• GRM: 4.8

CMA / ARV

• ARV (median comp): $97,842
• List price: $84,900
• Delta: -13.23%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
19928 Santa Barbara Dr	0.36mi	3/1.0	865 (+2%)	1mo	$90,000	$104	79
20038 Santa Rosa Dr	0.10mi	3/1.0	927 (+9%)	3mo	$103,000	$111	78
20250 Stoepel St	0.10mi	3/1.0	909 (+7%)	7mo	$126,000	$139	78
228 Kensington Ave	0.38mi	2/1.0 (-1)	873 (+3%)	8mo	$185,000	$212	66
20200 Roselawn St	0.53mi	3/1.0	840 (-1%)	9mo	$92,000	$110	66
20233 Roselawn St	0.56mi	2/1.0 (-1)	829 (-2%)	2mo	$33,000	$40	63
20000 Prairie St	0.19mi	3/1.0	974 (+15%)	6mo	$25,000	$26	61
235 Flowerdale St	0.40mi	3/1.0	968 (+14%)	7mo	$172,500	$178	52
670 Pinecrest Dr	0.68mi	2/1.5 (-1)	842 (-1%)	9mo	$260,000	$309	52
931 Emwill St	0.74mi	2/1.0 (-1)	900 (+6%)	1mo	$285,000	$317	50
630 Stratford Rd	0.63mi	2/1.0 (-1)	742 (-12%)	1mo	$210,000	$283	44
20145 Northlawn St	0.62mi	3/1.0	967 (+14%)	5mo	$74,900	$77	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 · 3.44% rent growth · sell at horizon

5-year hold

• IRR: 21.3%
• Equity multiple: 1.87×
• Total profit: $20,795
• Equity at exit: $12,659

10-year hold

• IRR: 29.7%
• Equity multiple: 3.72×
• Total profit: $64,602
• Equity at exit: $7,341

Cash invested: $23,772 (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 48221

• Rents YoY: 3.4%
• Active inventory: 349
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,471 high
• Mortgage (P&I): −$445
• Tax from tax record: −$150 /mo · $1,799/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$309
• Net cashflow: $531

Break-even live

Break-even rent $798

Max offer price $84,900

Occupancy floor 59%

Sensitivity live

Price	-10% $580	-5% $555	+0% $531	+5% $507	+10% $483
Rent	-10% $415	-5% $473	+0% $531	+5% $590	+10% $648
Rate	-1.0pp $574	-0.5pp $553	base $531	+0.5pp $509	+1.0pp $487

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: $21,225
• Closing costs: $2,547
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
20038 Santa Rosa Dr Detroit, MI	3.0	1.0	927	$1,300	$1.40	19d	1	0.09mi
20129 Stratford Rd Unit 2 Detroit, MI	2.0	1.0	1100	$1,223	$1.11	26d	1	0.32mi
20643 Stratford Rd Unit 1 Detroit, MI	2.0	1.5	1000	$1,250	$1.25	45d	1	0.41mi
20045 Greenlawn St Detroit, MI	3.0	1.0	925	$1,350	$1.46	45d	1	0.49mi
510 Stratford Rd Ferndale, MI	2.0	1.0	965	$1,750	$1.81	45d	1	0.53mi
20110 Northlawn St Detroit, MI	3.0	1.0	1100	$1,350	$1.23	19d	1	0.59mi
578 Kensington Ave Ferndale, MI	2.0	1.0	860	$1,600	$1.86	6d	1	0.59mi
695 Livernois St Unit 2 Ferndale, MI	2.0	1.0	950	$2,350	$2.47	6d	1	0.69mi
19031 Livernois Unit F Detroit, MI	2.0	2.0	1100	$2,135	$1.94	45d	1	0.75mi
353 W Webster St Ferndale, MI	2.0	1.0	900	$1,525	$1.69	18d	1	0.77mi
20009 Wisconsin St Detroit, MI	3.0	1.5	1051	$1,400	$1.33	19d	1	0.79mi
851 Gardendale St Ferndale, MI	2.0	1.0	933	$1,625	$1.74	26d	1	0.83mi
20458 Indiana St Detroit, MI	3.0	1.0	1049	$1,300	$1.24	19d	1	0.83mi
20185 Indiana St Detroit, MI	2.0	1.5	1096	$1,275	$1.16	45d	1	0.84mi
226 Fielding St Ferndale, MI	2.0	1.0	1000	$1,500	$1.50	26d	1	0.91mi
20445 Kentucky St Detroit, MI	3.0	1.0	1046	$1,200	$1.15	26d	1	0.91mi
224 Fielding St Ferndale, MI	2.0	1.0	1000	$1,800	$1.80	26d	1	0.91mi
901 Saint Louis St Unit 901-02 Ferndale, MI	2.0	1.0	800	$1,395	$1.74	26d	1	0.94mi
901 Saint Louis St Ferndale, MI	2.0	1.0	800	$1,395	$1.74	45d	1	0.94mi
20515 Ilene St Detroit, MI	3.0	1.0	891	$1,450	$1.63	45d	1	1.09mi
22111 Woodward Ave Ferndale, MI	2.0	1.0	816	$3,355	$4.11	18d	1	1.09mi
20460 Griggs St Detroit, MI	2.0	1.0	910	$1,100	$1.21	19d	1	1.11mi
21374 Ithaca Ave Ferndale, MI	3.0	1.0	996	$1,775	$1.78	26d	1	1.21mi
1291 W State Fair Ave Detroit, MI	1.0–2.0	1.0	700	$950	$1.36	14d	2	1.25mi
430 W 9 Mile Rd Ferndale, MI	1.0–2.0	2.0	826	$2,827	$3.42	0d	2	1.30mi
20032 Monte Vista St Detroit, MI	3.0	1.0	1000	$1,294	$1.29	22d	1	1.31mi
1260 W Nine Mile Rd Unit 13 Ferndale, MI	2.0	1.0	1000	$1,399	$1.40	16d	1	1.33mi
20429 Monte Vista St Detroit, MI	3.0	1.0	872	$1,300	$1.49	19d	1	1.35mi
19929 Monte Vista St Detroit, MI	3.0	1.0	860	$1,450	$1.69	19d	1	1.35mi
1491 W Nine Mile Rd Unit 9 Ferndale, MI	2.0	1.0	900	$1,350	$1.50	45d	1	1.36mi
20122 Manor St Detroit, MI	3.0	1.0	1028	$1,200	$1.17	45d	1	1.37mi
790 Jewell St Ferndale, MI	2.0	1.0	800	$1,445	$1.81	26d	1	1.38mi
20245 Manor Detroit, MI	3.0	1.0	1018	$1,400	$1.38	4d	1	1.40mi
17551 Santa Rosa Dr Detroit, MI	2.0	1.0	1036	$1,095	$1.06	45d	1	1.41mi
552 E Saratoga St Unit Upper Unit Ferndale, MI	2.0	1.0	700	$1,300	$1.86	26d	1	1.44mi

Listing history 29 events

1. 2026-06-21
   days on market $84,900 Active 153 DOM
2. 2026-06-18
   days on market $84,900 Active 150 DOM
3. 2026-06-17
   days on market $84,900 Active 149 DOM
4. 2026-06-15
   days on market $84,900 Active 147 DOM
5. 2026-06-13
   days on market $84,900 Active 145 DOM
6. 2026-06-13
   days on market $84,900 Active 144 DOM
7. 2026-06-09
   days on market $84,900 Active 141 DOM
8. 2026-06-08
   days on market $84,900 Active 140 DOM
9. 2026-06-07
   days on market $84,900 Active 139 DOM
10. 2026-06-04
    days on market $84,900 Active 136 DOM
11. 2026-06-03
    days on market $84,900 Active 135 DOM
12. 2026-06-01
    days on market $84,900 Active 133 DOM
13. 2026-05-31
    days on market $84,900 Active 132 DOM
14. 2026-04-23
    price $84,900 868-char remark

    Show marketing remark (868 chars)

    Welcome to this charming vinyl-sided bungalow located in the heart of Detroit’s 48221 area. This well-laid-out home offers 3 spacious bedrooms and 1 full bathroom, making it a great option for homeowners or investors alike. The main level features a bright living area, functional kitchen, and comfortable bedroom layout. Upstairs, you’ll find additional living space perfect for a bedroom, office, or flex area. The full basement provides ample storage and potential for future finishing, laundry space, or a workshop. Outside, the durable vinyl exterior offers low-maintenance living. Conveniently located near shopping, dining, schools, and major freeways, this home offers easy access to everything the city has to offer. Whether you’re looking for a primary residence or a solid investment opportunity, this Detroit bungalow has great potential.

15. 2026-04-22
    price $84,900 850-char remark

    Show marketing remark (850 chars)

    Welcome to this charming vinyl-sided bungalow located in the heart of Detroit's 48221 area. This well-laid-out home offers 3 spacious bedrooms and 1 full bathroom, making it a great option for homeowners or investors alike. The main level features a bright living area, functional kitchen, and comfortable bedroom layout. Upstairs, you'll find additional living space perfect for a bedroom, office, or flex area. The full basement provides ample storage and potential for future finishing, laundry space, or a workshop. Outside, the durable vinyl exterior offers low-maintenance living. Conveniently located near shopping, dining, schools, and major freeways, this home offers easy access to everything the city has to offer. Whether you're looking for a primary residence or a solid investment opportunity, this Detroit bungalow has great potential.

16. 2026-04-16
    price $80,000 868-char remark

    Show marketing remark (868 chars)

    Welcome to this charming vinyl-sided bungalow located in the heart of Detroit’s 48221 area. This well-laid-out home offers 3 spacious bedrooms and 1 full bathroom, making it a great option for homeowners or investors alike. The main level features a bright living area, functional kitchen, and comfortable bedroom layout. Upstairs, you’ll find additional living space perfect for a bedroom, office, or flex area. The full basement provides ample storage and potential for future finishing, laundry space, or a workshop. Outside, the durable vinyl exterior offers low-maintenance living. Conveniently located near shopping, dining, schools, and major freeways, this home offers easy access to everything the city has to offer. Whether you’re looking for a primary residence or a solid investment opportunity, this Detroit bungalow has great potential.

17. 2026-04-15
    status Active 850-char remark

    Show marketing remark (868 chars)

    Welcome to this charming vinyl-sided bungalow located in the heart of Detroit’s 48221 area. This well-laid-out home offers 3 spacious bedrooms and 1 full bathroom, making it a great option for homeowners or investors alike. The main level features a bright living area, functional kitchen, and comfortable bedroom layout. Upstairs, you’ll find additional living space perfect for a bedroom, office, or flex area. The full basement provides ample storage and potential for future finishing, laundry space, or a workshop. Outside, the durable vinyl exterior offers low-maintenance living. Conveniently located near shopping, dining, schools, and major freeways, this home offers easy access to everything the city has to offer. Whether you’re looking for a primary residence or a solid investment opportunity, this Detroit bungalow has great potential.

18. 2026-04-15
    price $80,000 850-char remark

    Show marketing remark (868 chars)

    Welcome to this charming vinyl-sided bungalow located in the heart of Detroit’s 48221 area. This well-laid-out home offers 3 spacious bedrooms and 1 full bathroom, making it a great option for homeowners or investors alike. The main level features a bright living area, functional kitchen, and comfortable bedroom layout. Upstairs, you’ll find additional living space perfect for a bedroom, office, or flex area. The full basement provides ample storage and potential for future finishing, laundry space, or a workshop. Outside, the durable vinyl exterior offers low-maintenance living. Conveniently located near shopping, dining, schools, and major freeways, this home offers easy access to everything the city has to offer. Whether you’re looking for a primary residence or a solid investment opportunity, this Detroit bungalow has great potential.

19. 2026-04-15
    status Active 868-char remark

    Show marketing remark (868 chars)

    Welcome to this charming vinyl-sided bungalow located in the heart of Detroit’s 48221 area. This well-laid-out home offers 3 spacious bedrooms and 1 full bathroom, making it a great option for homeowners or investors alike. The main level features a bright living area, functional kitchen, and comfortable bedroom layout. Upstairs, you’ll find additional living space perfect for a bedroom, office, or flex area. The full basement provides ample storage and potential for future finishing, laundry space, or a workshop. Outside, the durable vinyl exterior offers low-maintenance living. Conveniently located near shopping, dining, schools, and major freeways, this home offers easy access to everything the city has to offer. Whether you’re looking for a primary residence or a solid investment opportunity, this Detroit bungalow has great potential.

20. 2026-03-22
    historical 868-char remark

    Show marketing remark (850 chars)

    Welcome to this charming vinyl-sided bungalow located in the heart of Detroit's 48221 area. This well-laid-out home offers 3 spacious bedrooms and 1 full bathroom, making it a great option for homeowners or investors alike. The main level features a bright living area, functional kitchen, and comfortable bedroom layout. Upstairs, you'll find additional living space perfect for a bedroom, office, or flex area. The full basement provides ample storage and potential for future finishing, laundry space, or a workshop. Outside, the durable vinyl exterior offers low-maintenance living. Conveniently located near shopping, dining, schools, and major freeways, this home offers easy access to everything the city has to offer. Whether you're looking for a primary residence or a solid investment opportunity, this Detroit bungalow has great potential.

21. 2026-03-22
    historical 850-char remark

    Show marketing remark (850 chars)

    Welcome to this charming vinyl-sided bungalow located in the heart of Detroit's 48221 area. This well-laid-out home offers 3 spacious bedrooms and 1 full bathroom, making it a great option for homeowners or investors alike. The main level features a bright living area, functional kitchen, and comfortable bedroom layout. Upstairs, you'll find additional living space perfect for a bedroom, office, or flex area. The full basement provides ample storage and potential for future finishing, laundry space, or a workshop. Outside, the durable vinyl exterior offers low-maintenance living. Conveniently located near shopping, dining, schools, and major freeways, this home offers easy access to everything the city has to offer. Whether you're looking for a primary residence or a solid investment opportunity, this Detroit bungalow has great potential.

22. 2026-01-15
    price $94,900 868-char remark

    Show marketing remark (868 chars)

    Welcome to this charming vinyl-sided bungalow located in the heart of Detroit’s 48221 area. This well-laid-out home offers 3 spacious bedrooms and 1 full bathroom, making it a great option for homeowners or investors alike. The main level features a bright living area, functional kitchen, and comfortable bedroom layout. Upstairs, you’ll find additional living space perfect for a bedroom, office, or flex area. The full basement provides ample storage and potential for future finishing, laundry space, or a workshop. Outside, the durable vinyl exterior offers low-maintenance living. Conveniently located near shopping, dining, schools, and major freeways, this home offers easy access to everything the city has to offer. Whether you’re looking for a primary residence or a solid investment opportunity, this Detroit bungalow has great potential.

23. 2026-01-14
    price $94,900 850-char remark

    Show marketing remark (850 chars)

    Welcome to this charming vinyl-sided bungalow located in the heart of Detroit's 48221 area. This well-laid-out home offers 3 spacious bedrooms and 1 full bathroom, making it a great option for homeowners or investors alike. The main level features a bright living area, functional kitchen, and comfortable bedroom layout. Upstairs, you'll find additional living space perfect for a bedroom, office, or flex area. The full basement provides ample storage and potential for future finishing, laundry space, or a workshop. Outside, the durable vinyl exterior offers low-maintenance living. Conveniently located near shopping, dining, schools, and major freeways, this home offers easy access to everything the city has to offer. Whether you're looking for a primary residence or a solid investment opportunity, this Detroit bungalow has great potential.

24. 2025-12-26
    listed $99,900 Active 868-char remark

    Show marketing remark (850 chars)

    Welcome to this charming vinyl-sided bungalow located in the heart of Detroit's 48221 area. This well-laid-out home offers 3 spacious bedrooms and 1 full bathroom, making it a great option for homeowners or investors alike. The main level features a bright living area, functional kitchen, and comfortable bedroom layout. Upstairs, you'll find additional living space perfect for a bedroom, office, or flex area. The full basement provides ample storage and potential for future finishing, laundry space, or a workshop. Outside, the durable vinyl exterior offers low-maintenance living. Conveniently located near shopping, dining, schools, and major freeways, this home offers easy access to everything the city has to offer. Whether you're looking for a primary residence or a solid investment opportunity, this Detroit bungalow has great potential.

25. 2025-12-26
    listed $99,900 Active 850-char remark

    Show marketing remark (850 chars)

    Welcome to this charming vinyl-sided bungalow located in the heart of Detroit's 48221 area. This well-laid-out home offers 3 spacious bedrooms and 1 full bathroom, making it a great option for homeowners or investors alike. The main level features a bright living area, functional kitchen, and comfortable bedroom layout. Upstairs, you'll find additional living space perfect for a bedroom, office, or flex area. The full basement provides ample storage and potential for future finishing, laundry space, or a workshop. Outside, the durable vinyl exterior offers low-maintenance living. Conveniently located near shopping, dining, schools, and major freeways, this home offers easy access to everything the city has to offer. Whether you're looking for a primary residence or a solid investment opportunity, this Detroit bungalow has great potential.

26. 2022-02-04
    soldstatus $73,000
27. 2007-07-25
    soldstatus $10,500
28. 2007-06-20
    historical
29. 2007-05-28
    listed $12,500

ⓘ 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: $1,799 · $150/mo
• Projected year-2 tax: $1,799 · $150/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 ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,651
• − Mortgage interest: −$4,756
• − Property taxes: −$1,799
• − Insurance: −$424
• − Repairs & maintenance: −$1,412
• − Management: −$1,412
• − Depreciation: −$2,470
• Taxable income: $5,377
• Est. tax owed @ 24.0%: −$1,291
• After-tax cash flow: $5,087/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): 41,392
• Household income: $57,878
• Rent vs Own: 34.0% rent · 66.0% own
• Severe rent burden: 1646.0

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 (85%)
• Race & ethnicity: Black 85% White 8% Two or more races 4% Asian 1%
• Common ancestry: Romanian 1% Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · 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: ▼ -433.14%
• Current HPI: 280.5434
• Rent YoY: ▲ 3.44%
• 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

+579.2% since first listed

16 events — show timeline

• 2026-04-23 Price Changed $84,900 MiRealSource-MiMLS
• 2026-04-22 Price Changed $84,900 REALCOMP
• 2026-04-16 Price Changed $80,000 MiRealSource-MiMLS
• 2026-04-15 Relisted — REALCOMP
• 2026-04-15 Price Changed $80,000 REALCOMP
• 2026-04-15 Relisted — MiRealSource-MiMLS
• 2026-03-22 Listing Removed — REALCOMP
• 2026-03-22 Listing Removed — MiRealSource-MiMLS
• 2026-01-15 Price Changed $94,900 MiRealSource-MiMLS
• 2026-01-14 Price Changed $94,900 REALCOMP
• 2025-12-26 Listed $99,900 REALCOMP
• 2025-12-26 Listed $99,900 MiRealSource-MiMLS
• 2022-02-04 Sold (Public Records) $73,000 Public Records
• 2007-07-25 Sold (MLS) $10,500 MiRealSource-MiMLS
• 2007-06-20 Listing Removed — MiRealSource-MiMLS
• 2007-05-28 Listed $12,500 MiRealSource-MiMLS

Property tax history

+4.6%/yr

Latest (2025): $1,799 · -9.8% YoY. Source: county tax records.