15629 Oceana Ave · Allen Park, MI 48101

$198,900

3 bd · 1.0 ba · 1,050 sqft · SingleFamily public records · 11 Days on market

Built 1953 3,920 sqft lot Est $201k · at est.

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Why this score? — see what drove the F 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 +9.0/30.0
• ARV discount +7.9/15.0
• Livability +4.5/5.0
• Schools +3.2/10.0
• 1% rule +2.9/10.0
• DSCR +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

3-bed, 2-bath brick ranch on a corner lot with a 2 car garage. Comfortable single-level living with extra space in the full size basement and low maintenance backyard. This house is ready for you to put your own finishing touches on. Offers subject to probate approval.

Key facts

• 3,920 sq ft lot
• 2 garage spots
• Built 1953

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $199k.

Deal economics

• At list price, monthly cash flow is $-157 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $171k (13.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $157k (21.3% below list).
• Recommended offer: $157k (21.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 89/100 on livability (#9 in MI, #128 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+.
• Allen Park Public Schools (suburban): math 24% / reading 46% proficiency, ranked #254 of 540 in MI (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Arno Elementary School (math 27% / reading 52%, grade F, #606 of 1,397 statewide, top 48%, 486 students, 52% FRL); Allen Park Middle School (math 24% / reading 47%, grade F, #278 of 493 statewide, top 57%, 875 students, 44% FRL); Allen Park High School (math 25% / reading 55%, grade F, #299 of 713 statewide, top 42%, 1,152 students, 36% FRL) — zoned schools average 44% FRL vs 27% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 82 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,639 units permitted in Wayne County in 2024 (1,216 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 $6k 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.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 13 sale attempts since 21y 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 $125k; list at $199k implies a 59% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $156,605 (21.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.79% ✗
• Cap rate: 5.35%
• Cash-on-cash: -3.38%
• DSCR: 0.85
• GRM: 10.6

CMA / ARV

• ARV (on-the-fly): $200,550
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15792 Oceana Ave	0.11mi	3/1.0	1,000 (-5%)	5mo	$193,000	$193	83
15591 Aster Ave	0.28mi	3/1.0	1,071 (+2%)	9mo	$239,000	$223	76
15044 Oceana Ave	0.38mi	3/1.0	1,000 (-5%)	2mo	$195,000	$195	73
15571 White Ave	0.44mi	3/1.0	1,020 (-3%)	4mo	$85,000	$83	71
14576 Oceana Ave	0.63mi	3/1.0	1,042 (-1%)	2mo	$175,000	$168	68
15573 Thomas Ave	0.08mi	3/2.0	1,189 (+13%)	8mo	$225,000	$189	64
15553 Harrison Ave	0.28mi	3/1.0	1,161 (+11%)	10mo	$265,000	$228	61
15093 White Ave	0.55mi	3/1.0	1,132 (+8%)	0mo	$215,000	$190	61
14587 Oceana Ave	0.63mi	3/1.0	1,086 (+3%)	9mo	$200,000	$184	58
14865 Philomene Blvd	0.70mi	3/1.0	989 (-6%)	7mo	$189,000	$191	52
15022 Jonas Ave	0.41mi	2/1.0 (-1)	910 (-13%)	5mo	$176,000	$193	49
6028 Jane Ave	0.70mi	3/1.5	1,185 (+13%)	7mo	$192,000	$162	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -21.9%
• Equity multiple: 0.24×
• Total profit: $-42,174
• Equity at exit: $29,657

10-year hold

• IRR: -15.8%
• Equity multiple: 0.11×
• Total profit: $-49,429
• Equity at exit: $17,197

Cash invested: $55,692 (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 48101

• Active inventory: 82
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $1,566 high
• Mortgage (P&I): −$1,043
• Tax from tax record: −$268 /mo · $3,215/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$329
• Net cashflow: $-157

Break-even live

Break-even rent $1,764

Max offer price $171,222

Occupancy floor —

Sensitivity live

Price	-10% $-44	-5% $-100	+0% $-157	+5% $-213	+10% $-269
Rent	-10% $-280	-5% $-219	+0% $-157	+5% $-95	+10% $-33
Rate	-1.0pp $-57	-0.5pp $-106	base $-157	+0.5pp $-208	+1.0pp $-261

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: $49,725
• Closing costs: $5,967
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9725 Ruth Allen Park, MI	3.0	1.5	1110	$1,800	$1.62	4d	1	0.70mi
15806 Meyer Ave Allen Park, MI	3.0	2.0	1100	$1,650	$1.50	3d	1	0.73mi
9725 Fox Ave Allen Park, MI	3.0	1.5	940	$1,850	$1.97	45d	1	1.03mi
9814 Quandt Ave Allen Park, MI	3.0	2.0	1050	$1,800	$1.71	45d	1	1.05mi
2235 Moore Rd Unit 1 Lincoln Park, MI	2.0	1.0	800	$1,000	$1.25	26d	1	1.07mi
9918 Allen Pointe Dr Allen Park, MI	1.0–2.0	1.0–2.0	678	$1,125	$1.66	14d	1	1.37mi
10019 Allen Pointe Dr Allen Park, MI	2.0	1.5	796	$1,055	$1.33	14d	1	1.42mi

Listing history 40 events

1. 2026-03-31
   status Pending 269-char remark

   Show marketing remark (269 chars)

   3-bed, 2-bath brick ranch on a corner lot with a 2 car garage. Comfortable single-level living with extra space in the full size basement and low maintenance backyard. This house is ready for you to put your own finishing touches on. Offers subject to probate approval.

2. 2026-03-30
   status Pending
3. 2026-03-20
   listed $198,900 Active 269-char remark

   Show marketing remark (269 chars)

   3-bed, 2-bath brick ranch on a corner lot with a 2 car garage. Comfortable single-level living with extra space in the full size basement and low maintenance backyard. This house is ready for you to put your own finishing touches on. Offers subject to probate approval.

4. 2026-03-20
   listed $198,900 Active

   Show marketing remark (269 chars)

   3-bed, 2-bath brick ranch on a corner lot with a 2 car garage. Comfortable single-level living with extra space in the full size basement and low maintenance backyard. This house is ready for you to put your own finishing touches on. Offers subject to probate approval.

5. 2026-03-20
   historical $198,900 269-char remark

   Show marketing remark (269 chars)

   3-bed, 2-bath brick ranch on a corner lot with a 2 car garage. Comfortable single-level living with extra space in the full size basement and low maintenance backyard. This house is ready for you to put your own finishing touches on. Offers subject to probate approval.

6. 2018-01-15
   soldstatus $125,000
7. 2017-12-27
   status Pending 842-char remark

   Show marketing remark (842 chars)

   PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

8. 2017-12-27
   soldstatus $125,000 Sold

   Show marketing remark (842 chars)

   PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

9. 2017-12-27
   soldstatus $125,000 Sold 842-char remark

   Show marketing remark (842 chars)

   PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

10. 2017-12-27
    soldstatus $125,000 Closed

    Show marketing remark (842 chars)

    PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

11. 2017-12-27
    soldstatus $125,000

    Show marketing remark (842 chars)

    PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

12. 2017-12-12
    historical Contingent - Continue To Show
13. 2017-11-27
    historical

    Show marketing remark (842 chars)

    PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

14. 2017-11-27
    historical Keep Showing-Contgcy Appl

    Show marketing remark (842 chars)

    PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

15. 2017-11-27
    historical Contingent - Continue To Show

    Show marketing remark (842 chars)

    PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

16. 2017-11-27
    historical Active - Contingent 842-char remark

    Show marketing remark (842 chars)

    PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

17. 2017-11-08
    price $126,900
18. 2017-11-07
    price $126,900

    Show marketing remark (842 chars)

    PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

19. 2017-11-07
    price $126,900 842-char remark

    Show marketing remark (842 chars)

    PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

20. 2017-09-29
    price $129,700
21. 2017-09-28
    price $129,700

    Show marketing remark (842 chars)

    PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

22. 2017-09-28
    price $129,700 842-char remark

    Show marketing remark (842 chars)

    PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

23. 2017-09-05
    listed $134,900 Active

    Show marketing remark (842 chars)

    PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

24. 2017-09-05
    listed $134,900 Active

    Show marketing remark (842 chars)

    PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

25. 2017-09-05
    listed $134,900 Active 842-char remark

    Show marketing remark (842 chars)

    PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

26. 2017-09-05
    listed $126,900

    Show marketing remark (842 chars)

    PRICED TO SELL! SPOTLESS brick RANCH on desirable Allen Park corner lot. 2 car detached garage with opener. Valued additional on street parking. 3 Bedrooms, 2 Baths! 1st floor ceramic bath has Artist's crafted penny rug tiles, Duravit sink, 1.6 Gallon Per Flush toilets. Programmable central air/furnace w/ humidifier. PRISTINE hardwood floors. VELLUM window treatment in LIV RM/DIN RM COMBO. Plaster walls. Cove Ceilings/recessed lighting. Warranted vinyl windows. All Appliances included. FULL BASEMENT-glass block windows ~ ABUNDANT built in storage. Dimensional roof. PRIVATE GARDEN-stamped walkway & patio. Professionally landscaped w/ mature perennials & blossoming trees. Allen Park is a family friendly walk, jog, cyclist, sidewalk community!!! Easy access to highways. Seller is licensed REALTOR in the State of Michigan.

27. 2005-10-13
    soldstatus $130,500
28. 2005-08-18
    soldstatus $130,500
29. 2005-08-18
    soldstatus $130,500
30. 2005-08-18
    soldstatus $130,500
31. 2005-08-15
    historical
32. 2005-08-12
    listed $135,000
33. 2005-08-12
    listed $135,000
34. 2005-08-06
    historical
35. 2005-06-30
    historical
36. 2005-05-06
    listed $135,998
37. 2005-05-06
    listed $135,998
38. 2005-03-30
    listed $135,900
39. 2005-03-30
    listed $142,900
40. 2005-03-30
    listed $142,900

ⓘ 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: $3,215 · $268/mo
• Projected year-2 tax: $3,215 · $268/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 6/10 Major FEMA zone X (unshaded) · 67% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥96°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,793
• − Mortgage interest: −$11,141
• − Property taxes: −$3,215
• − Insurance: −$994
• − Repairs & maintenance: −$1,503
• − Management: −$1,503
• − Depreciation: −$5,786
• Taxable loss: −$5,352
• Est. tax savings @ 24.0%: +$1,284
• After-tax cash flow: $-596/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: Allen Park Public Schools
• NCES district ID: 2602520
• Math proficiency: 24% ▼ -14.00%
• Reading proficiency: 46% ▼ -4.00%
• Median HH income: $64,196
• Composite: 31.62/100
• National rank: #5941
• State rank: #254 of 540 in MI

Livability — Allen Park

• Score: 89/100
• State rank: #9
• US rank: #128

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Allen Park, MI
• County: Wayne County · 1,562,939 people
• City population: 27,925
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 27,925
• Household income: $81,655
• Rent vs Own: 12.7% rent · 87.3% own
• Severe rent burden: 142.0

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 White (77%)
• Race & ethnicity: White 77% Hispanic / Latino 13% Two or more races 8% Black 5% Asian 1%
• Hispanic origin (detail): Mexican 10%
• Common ancestry: Romanian 14% Lithuanian 3% Slovak 3%
• Foreign-born: 5% · Canada
• Languages at home: 89% English-only · Spanish 7% Other Indo-European 2% Russian/Polish/Slavic 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: ▼ -170.93%
• Current HPI: 215.3923
• 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

+46.4% since first listed

40 events — show timeline

• 2026-03-31 Pending — MiRealSource-MiMLS
• 2026-03-30 Pending — REALCOMP
• 2026-03-20 Listed $198,900 MiRealSource-MiMLS
• 2026-03-20 Listed $198,900 REALCOMP
• 2026-03-20 Coming Soon $198,900 MiRealSource-MiMLS
• 2018-01-15 Sold (Public Records) $125,000 Public Records
• 2017-12-27 Pending — AAMLS
• 2017-12-27 Sold (MLS) $125,000 SW Michigan MLS
• 2017-12-27 Sold (MLS) $125,000 MiRealSource-MiMLS
• 2017-12-27 Sold (MLS) $125,000 AAMLS
• 2017-12-27 Sold (MLS) $125,000 REALCOMP
• 2017-12-12 Contingent — REALCOMP
• 2017-11-27 Listing Removed — REALCOMP
• 2017-11-27 Contingent — MiRealSource-MiMLS
• 2017-11-27 Contingent — REALCOMP
• 2017-11-27 Contingent — AAMLS
• 2017-11-08 Price Changed $126,900 MiRealSource-MiMLS
• 2017-11-07 Price Changed $126,900 REALCOMP
• 2017-11-07 Price Changed $126,900 AAMLS
• 2017-09-29 Price Changed $129,700 MiRealSource-MiMLS
• 2017-09-28 Price Changed $129,700 REALCOMP
• 2017-09-28 Price Changed $129,700 AAMLS
• 2017-09-05 Listed $134,900 MiRealSource-MiMLS
• 2017-09-05 Listed $134,900 REALCOMP
• 2017-09-05 Listed $134,900 AAMLS
• 2017-09-05 Listed $126,900 SW Michigan MLS
• 2005-10-13 Sold (Public Records) $130,500 Public Records
• 2005-08-18 Sold (MLS) $130,500 MiRealSource-MiMLS
• 2005-08-18 Sold (MLS) $130,500 REALCOMP
• 2005-08-18 Sold (MLS) $130,500 REALCOMP
• 2005-08-15 Listing Removed — MiRealSource-MiMLS
• 2005-08-12 Listed $135,000 MiRealSource-MiMLS
• 2005-08-12 Listed $135,000 REALCOMP
• 2005-08-06 Listing Removed — MiRealSource-MiMLS
• 2005-06-30 Listing Removed — MiRealSource-MiMLS
• 2005-05-06 Listed $135,998 REALCOMP
• 2005-05-06 Listed $135,998 MiRealSource-MiMLS
• 2005-03-30 Listed $142,900 REALCOMP
• 2005-03-30 Listed $142,900 MiRealSource-MiMLS
• 2005-03-30 Listed $135,900 REALCOMP

Property tax history

+3.2%/yr

Latest (2025): $3,215 · -19.0% YoY. Source: county tax records.