10529 Duprey St · Detroit, MI
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 95°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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 +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +3.7/5.0
- Rent growth +2.7/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$64,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
Key facts
- 7,841 sq ft lot
- 3 garage spots
- Built 1943
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $65k.
Deal economics
- At list price, monthly cash flow is $586 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $65k).
- Recommended offer: $57k (12.0% below list) — sets the bar for market timing.
- Cap rate 17.1% 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: 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 flat; 492 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 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 36% of the median local income ($45k/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 $449 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
- Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
- At projected returns (-3.0% appreciation + 0.7% rent growth), your $18k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 191 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 22y ago; this cycle's ask has dropped $15k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1943 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 191 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1943 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 2.08% ✓
- Cap rate
- 17.13%
- Cash-on-cash
- 38.71%
- DSCR
- 2.72
- GRM
- 4.0
CMA / ARV
- ARV (median comp)
- $87,441
- List price
- $64,900
- Delta
- -25.78%
- 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 |
|---|---|---|---|---|---|---|---|
| 11035 Worden St | 0.23mi | 3/1.0 | 834 (-2%) | 3mo | $55,000 | $66 | 84 |
| 11017 Worden St | 0.22mi | 3/1.0 | 961 (+13%) | 0mo | $47,500 | $49 | 67 |
| 11490 Somerset Ave | 0.34mi | 3/1.0 | 915 (+8%) | 4mo | $70,000 | $77 | 67 |
| 10945 Peerless St | 0.19mi | 3/1.0 | 964 (+14%) | 2mo | $54,000 | $56 | 67 |
| 20300 Mccormick St | 0.36mi | 3/1.0 | 940 (+11%) | 1mo | $60,000 | $64 | 65 |
| 12075 Rossiter St | 0.68mi | 3/1.0 | 851 (+0%) | 4mo | $45,000 | $53 | 64 |
| 6156 Lodewyck St | 0.61mi | 3/1.0 | 900 (+6%) | 1mo | $51,000 | $57 | 61 |
| 6183 Woodhall St | 0.47mi | 3/1.0 | 720 (-15%) | 1mo | $32,000 | $44 | 52 |
| 6106 Oldtown St | 0.56mi | 3/1.5 | 961 (+13%) | 1mo | $132,000 | $137 | 49 |
| 5981 University Pl | 0.63mi | 3/1.0 | 964 (+14%) | 3mo | $64,000 | $66 | 45 |
| 11624 Wayburn St | 0.75mi | 3/1.0 | 756 (-11%) | 3mo | $17,000 | $22 | 45 |
| 11475 Lakepointe St | 0.64mi | 2/1.0 (-1) | 953 (+12%) | 3mo | $95,000 | $100 | 42 |
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 · 0.73% rent growth · sell at horizon
- IRR
- 32.2%
- Equity multiple
- 2.31×
- Total profit
- $23,850
- Equity at exit
- $9,677
- IRR
- 38.0%
- Equity multiple
- 4.15×
- Total profit
- $57,198
- Equity at exit
- $5,611
Cash invested: $18,172 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 62 Landlord-Friendly
- State Michigan
- 62 Landlord-Friendly · EVEN
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 48224
- Rents YoY
- 0.7%
- Active inventory
- 492
- Price-to-rent
- 4.0×
Monthly cashflow live
- Estimated rent
- $1,348 high interval (Pro) →
- Mortgage (P&I)
- −$340
- Tax from tax record
- −$112 /mo · $1,340/yr
- Insurance
- −$27
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$283
- Net cashflow
- $586
Break-even live
Sensitivity live
| Price | -10% $623 | -5% $605 | +0% $586 | +5% $568 | +10% $550 |
|---|---|---|---|---|---|
| Rent | -10% $480 | -5% $533 | +0% $586 | +5% $640 | +10% $693 |
| Rate | -1.0pp $619 | -0.5pp $603 | base $586 | +0.5pp $569 | +1.0pp $552 |
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
- $16,225
- Closing costs
- $1,947
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 10542 Lanark St Detroit, MI | 3.0 | 1.0 | 1023 | $1,250 | $1.22 | 45d | 1 | 0.15mi |
| 10985 Peerless St Detroit, MI | 3.0 | 1.0 | 1000 | $1,364 | $1.36 | 6d | 1 | 0.21mi |
| 10692 Meuse St Detroit, MI | 3.0 | 1.0 | 955 | $1,250 | $1.31 | 14d | 1 | 0.23mi |
| 10370 Britain St Detroit, MI | 3.0 | 1.0 | 1100 | $1,100 | $1.00 | 45d | 1 | 0.31mi |
| 10400 Britain St Detroit, MI | 3.0 | 1.0 | 890 | $1,100 | $1.24 | 45d | 1 | 0.32mi |
| 19982 McCormick St Detroit, MI | 3.0 | 1.0 | 866 | $1,200 | $1.39 | 5d | 1 | 0.39mi |
| 6325 Neff Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,500 | $1.50 | 4d | 1 | 0.43mi |
| 17710 Chester St Detroit, MI | 2.0 | 1.0 | 984 | $1,250 | $1.27 | 45d | 1 | 0.45mi |
| 20461 Kingsville St Harper Woods, MI | 4.0 | 1.0 | 1100 | $1,399 | $1.27 | 16d | 1 | 0.45mi |
| 17720 Chester St Detroit, MI | 2.0 | 1.0 | 986 | $1,250 | $1.27 | 45d | 1 | 0.45mi |
| 10177 Boleyn St Detroit, MI | 3.0 | 1.0 | 767 | $1,250 | $1.63 | 45d | 1 | 0.45mi |
| 6304 Bluehill St Detroit, MI | 3.0 | 1.0 | 1088 | $1,500 | $1.38 | 45d | 1 | 0.45mi |
| 10037 Grayton St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 5d | 1 | 0.50mi |
| 19639 Moross Rd Unit 1 Detroit, MI | 2.0 | 1.0 | 900 | $1,100 | $1.22 | 45d | 1 | 0.51mi |
| 6181 Neff Ave Detroit, MI | 3.0 | 1.0 | 1102 | $1,299 | $1.18 | 19d | 1 | 0.51mi |
| 11529 Roxbury St Detroit, MI | 2.0 | 1.0 | 720 | $1,200 | $1.67 | 14d | 1 | 0.52mi |
| 6301 Lodewyck St Detroit, MI | 3.0 | 1.0 | 1084 | $1,300 | $1.20 | 0d | 1 | 0.56mi |
| 6301 Lodewyck St Detroit, MI | 3.0 | 1.0 | 1084 | $1,300 | $1.20 | 14d | 1 | 0.56mi |
| 6175 Marseilles St Detroit, MI | 3.0 | 1.0 | 1100 | $1,100 | $1.00 | 45d | 1 | 0.58mi |
| 11776 Rossiter St Detroit, MI | 3.0 | 1.0 | 964 | $1,150 | $1.19 | 13d | 1 | 0.61mi |
| 11611 Morang Ave Detroit, MI | 1.0–2.0 | 1.0 | 709 | $1,040 | $1.47 | 45d | 1 | 0.61mi |
| 11235 Roxbury St Detroit, MI | 3.0 | 1.0 | 1062 | $1,325 | $1.25 | 19d | 1 | 0.62mi |
| 19442 Kingsville St Harper Woods, MI | 3.0 | 1.0 | 1000 | $1,500 | $1.50 | 19d | 1 | 0.63mi |
| 19203 Edgefield St Harper Woods, MI | 2.0 | 1.0 | 1100 | $1,100 | $1.00 | 26d | 1 | 0.64mi |
| 5955 Guilford St Detroit, MI | 3.0 | 1.0 | 802 | $1,400 | $1.75 | 19d | 1 | 0.65mi |
| 19661 Kenosha St Harper Woods, MI | 3.0 | 2.0 | 1000 | $1,400 | $1.40 | 26d | 1 | 0.65mi |
| 12075 Rossiter St Detroit, MI | 3.0 | 1.0 | 1100 | $1,245 | $1.13 | 45d | 1 | 0.66mi |
| 12075 Rossiter St Detroit, MI | 3.0 | 1.0 | 1100 | $1,245 | $1.13 | 16d | 1 | 0.66mi |
| 19365 Kingsville St Harper Woods, MI | 4.0 | 1.5 | 996 | $1,650 | $1.66 | 16d | 1 | 0.70mi |
| 10404 Somerset Ave Detroit, MI | 3.0 | 1.0 | 1108 | $1,475 | $1.33 | 5d | 1 | 0.73mi |
| 19144 Moross Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 0.75mi |
| 5786 Neff Ave Detroit, MI | 3.0 | 1.5 | 1100 | $1,225 | $1.11 | 18d | 1 | 0.75mi |
| 5915 Farmbrook St Detroit, MI | 3.0 | 1.5 | 1000 | $1,250 | $1.25 | 26d | 1 | 0.79mi |
| 21401 Kingsville St Harper Woods, MI | 2.0 | 1.0 | 944 | $1,200 | $1.27 | 26d | 1 | 0.80mi |
| 5783 Yorkshire Rd Detroit, MI | 2.0 | 1.0 | 1040 | $1,200 | $1.15 | 45d | 1 | 0.86mi |
| 12201 Morang Ave Unit 8 Detroit, MI | 2.0 | 1.0 | 610 | $875 | $1.43 | 45d | 1 | 0.90mi |
| 19152 Woodside St Harper Woods, MI | 3.0 | 1.0 | 916 | $1,500 | $1.64 | 19d | 1 | 0.97mi |
| 12716 Riad St Detroit, MI | 3.0 | 1.0 | 974 | $1,275 | $1.31 | 19d | 1 | 0.98mi |
| 9747 Somerset Ave Detroit, MI | 2.0 | 1.0 | 797 | $1,100 | $1.38 | 45d | 1 | 1.18mi |
| 22144 Moross Rd Grosse Pointe, MI | 2.0 | 1.0 | 819 | $1,350 | $1.65 | 19d | 1 | 1.20mi |
Listing history 31 events
-
2026-06-07statusdays on market $64,900 Pending 191 DOM
-
2026-06-04days on market $64,900 Active 190 DOM
-
2026-06-03days on market $64,900 Active 189 DOM
-
2026-06-01days on market $64,900 Active 187 DOM
-
2026-05-31days on market $64,900 Active 186 DOM
-
2026-05-02status Active 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2026-05-02status Active 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2026-05-02historical 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2026-05-02historical 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2026-04-16price $64,900 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2026-04-16price $64,900 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2026-02-27price $69,900 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2026-02-27price $69,900 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2026-02-24price $70,000 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2026-02-24price $70,000 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2026-02-10price $74,900 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2026-02-09price $74,900 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2025-12-16price $78,910 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2025-12-16price $78,910 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2025-12-07price $79,900 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2025-12-06price $79,900 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2025-11-26$80,000 Active 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
-
2025-11-26$80,000 Active 374-char remark
Show marketing remark (374 chars)
Brick bungalow featuring 1100 sq ft of living space with a unique floorplan, forced-air heating and central air, and classic 1943 construction details. This property offers durable asphalt roofing and a functional layout with all living spaces, making it comfortable and efficient. Perfect for those seeking a manageable home with timeless appeal. Large garage here as well.
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2006-01-16soldstatus $80,000
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2005-10-14$76,000
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2005-04-18historical
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2004-12-30$109,500
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2004-12-30historical
-
2004-09-16$112,500
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1998-11-04soldstatus $55,000
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1998-11-04soldstatus $72,900
ⓘ 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
- $1,340 · $112/mo
- Projected year-2 tax
- $1,340 · $112/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 3/10 Moderate FEMA zone X (unshaded) · 20% 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 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,181
- − Mortgage interest
- −$3,635
- − Property taxes
- −$1,340
- − Insurance
- −$324
- − Repairs & maintenance
- −$1,295
- − Management
- −$1,295
- − Depreciation
- −$1,888
- Taxable income
- $6,405
- Est. tax owed @ 24.0%
- −$1,537
- After-tax cash flow
- $5,498/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Detroit Public Schools Community District
- NCES district ID
- 2601103
- Math proficiency
- 10% ▼ -2.00%
- Reading proficiency
- 24% ▲ 6.00%
- Median HH income
- $25,815
- Composite
- 13.06/100
- National rank
- #9564
- State rank
- #499 of 540 in MI
Livability — Detroit
- Score
- 73/100
- State rank
- #218
- US rank
- #5427
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Detroit, MI
- County
- Wayne County · 1,562,939 people
- City population
- 572,865
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 39,668
- Household income
- $44,856
- Rent vs Own
- Severe rent burden
- 2515.0
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 8% Two or more races 3% Hispanic / Latino 1%
- Common ancestry
- Iranian 1% Romanian 1% Lithuanian 1%
- Foreign-born
- 1%
- Languages at home
- 97% English-only · Spanish 2%
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
- ▼ -226.38%
- Current HPI
- 161.886
- Rent YoY
- ▲ 0.73%
- 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 |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
+18.0% since first listed26 events — show timeline
- 2026-05-02 Relisted — REALCOMP
- 2026-05-02 Relisted — MiRealSource-MiMLS
- 2026-05-02 Listing Removed — MiRealSource-MiMLS
- 2026-05-02 Listing Removed — REALCOMP
- 2026-04-16 Price Changed $64,900 MiRealSource-MiMLS
- 2026-04-16 Price Changed $64,900 REALCOMP
- 2026-02-27 Price Changed $69,900 MiRealSource-MiMLS
- 2026-02-27 Price Changed $69,900 REALCOMP
- 2026-02-24 Price Changed $70,000 MiRealSource-MiMLS
- 2026-02-24 Price Changed $70,000 REALCOMP
- 2026-02-10 Price Changed $74,900 MiRealSource-MiMLS
- 2026-02-09 Price Changed $74,900 REALCOMP
- 2025-12-16 Price Changed $78,910 MiRealSource-MiMLS
- 2025-12-16 Price Changed $78,910 REALCOMP
- 2025-12-07 Price Changed $79,900 MiRealSource-MiMLS
- 2025-12-06 Price Changed $79,900 REALCOMP
- 2025-11-26 Listed $80,000 MiRealSource-MiMLS
- 2025-11-26 Listed $80,000 REALCOMP
- 2006-01-16 Sold (MLS) $80,000 REALCOMP
- 2005-10-14 Listed $76,000 REALCOMP
- 2005-04-18 Listing Removed — REALCOMP
- 2004-12-30 Listing Removed — REALCOMP
- 2004-12-30 Listed $109,500 REALCOMP
- 2004-09-16 Listed $112,500 REALCOMP
- 1998-11-04 Sold (Public Records) $72,900 Public Records
- 1998-11-04 Sold (Public Records) $55,000 Public Records
Property tax history
+16.9%/yrLatest (2025): $1,340 · -37.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…