17380 Oakfield St · Detroit, MI 48235

$75,000

2 bd · 1.0 ba · 878 sqft · SingleFamily public records · 25 Days on market

Built 1922 9,583 sqft lot $85/sqft · 7% below area Est $80k · 7% 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 +10.4/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.7/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

* * Move in ready!!! * * This beautifully maintained 2 bedroom raised ranch home is a great opportunity in a great location directly across from a large open field maintained by Greenhouse Preservation. Right down the street from Wayne County Community College NW Campus and Sanai-Grace Hospital. Upon arrival, you will notice the extra wide lot backing a large wooded area, making the property feel open and private with lots of room from any neighbors and room to build a garage. The kitchen and bath were recently updated with beautiful cabinetry in the kitchen and great tile work in the bathroom. The home has been previously renovated and well maintained since. The dining room benefits from plenty of natural light due to its west-facing orientation. The property also features an oversized enclosed and heated front porch that could serve many uses from a mudroom to additional living space. The full basement is plumbed for a half bath. Don't wait to jump on this opportunity! Clear title with warranty deed and title insurance. Buyer to verify all information, taxes, room sizes, etc. Buyer to pay 495 compliance to list office.

Key facts

• Raised ranch home
• Large wooded area
• Large open field

Tags

• RAISED RANCH HOME
• LARGE OPEN FIELD
• EXTRA WIDE LOT
• LARGE WOODED AREA
• RECENTLY UPDATED KITCHEN
• OVERSIZED ENCLOSED PORCH

Property features AI

Finance

• Other: Residential property in subdivision B E TAYLORS NINETEEN TWENTY-TWO; Directions: Southfield to Outer Dr W to Oakfield; Cross street: Southfield and Outer Drive W

Exterior

• Parking: Driveway; Parking pad (no garage)
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One-story; Ground-level entry with steps
• Construction: Asbestos, brick, and wood siding exterior; Block foundation
• Exterior features: Paved road access; Lot dimensions approximately 73 x 128 (0.22 acre)

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Forced-air heating (natural gas); No central cooling
• Interior features: Full unfinished basement; Two total rooms

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $434 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $74k (1.5% below list) — sets the bar for market timing.
• Cap rate 13.2% vs local median 10.2% 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 rising (+3.2%/yr); 283 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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 41% of the median local income ($39k/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 $519 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 + 3.2% rent growth), your $21k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 25 days — a 2% lower offer ($74k) is reasonable based on typical stale-listing flexibility.
• 18 sale attempts since 8y 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: property tax is 3.2% of price; built in 1922 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $73,875 (1.5% below list)

Questions for the listing agent

1. Built in 1922 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 1.78% ✓
• Cap rate: 13.23%
• Cash-on-cash: 24.78%
• DSCR: 2.10
• GRM: 4.7

CMA / ARV

• ARV (median comp): $80,214
• List price: $75,000
• Delta: -6.50%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
17552 Ferguson St	0.25mi	3/1.0 (+1)	957 (+9%)	5mo	$43,000	$45	64
18416 Curtis St	0.54mi	3/1.0 (+1)	820 (-7%)	5mo	$72,500	$88	55
16758 Murray Hill St	0.49mi	3/1.0 (+1)	934 (+6%)	9mo	$54,300	$58	54
18210 Murray Hill St	0.46mi	3/1.0 (+1)	925 (+5%)	13mo	$149,900	$162	54
18494 Ashton Ave	0.61mi	3/1.0 (+1)	943 (+7%)	2mo	$95,000	$101	52
17706 Stahelin Ave	0.69mi	3/1.0 (+1)	818 (-7%)	0mo	$106,000	$130	52
16853 Mansfield St	0.50mi	3/2.0 (+1)	950 (+8%)	4mo	$205,000	$216	51
17355 Saint Marys St	0.36mi	3/1.0 (+1)	1,000 (+14%)	5mo	$55,000	$55	51
18919 Ashton Ave	0.73mi	3/1.0 (+1)	880 (+0%)	13mo	$72,500	$82	50
18650 Rosemont Ave	0.72mi	3/1.0 (+1)	897 (+2%)	12mo	$73,000	$81	48
18937 Lindsay St	0.72mi	3/1.0 (+1)	951 (+8%)	2mo	$59,000	$62	46
16713 Rutherford St	0.64mi	2/1.0	779 (-11%)	10mo	$90,000	$116	43

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 · 3.25% rent growth · sell at horizon

5-year hold

• IRR: 18.6%
• Equity multiple: 1.76×
• Total profit: $15,884
• Equity at exit: $11,183

10-year hold

• IRR: 27.2%
• Equity multiple: 3.43×
• Total profit: $51,125
• Equity at exit: $6,485

Cash invested: $21,000 (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 48235

• Rents YoY: 3.2%
• Active inventory: 283
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $1,337 high
• Mortgage (P&I): −$393
• Tax from tax record: −$198 /mo · $2,380/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$281
• Net cashflow: $434

Break-even live

Break-even rent $788

Max offer price $75,000

Occupancy floor 63%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 29 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
18276 Oakfield St Detroit, MI	2.0	1.0	726	$1,175	$1.62	43d	1	0.35mi
17165 Prevost St Detroit, MI	3.0	1.0	1060	$2,400	$2.26	1d	1	0.54mi
18268 Mansfield St Detroit, MI	2.0	1.0	800	$1,200	$1.50	16d	1	0.55mi
18494 Ashton Ave Detroit, MI	3.0	1.0	1000	$1,600	$1.60	16d	1	0.59mi
18400 Rutherford St Detroit, MI	3.0	1.0	1050	$1,400	$1.33	3d	1	0.63mi
17654 Sunderland Rd Detroit, MI	3.0	1.0	1100	$1,500	$1.36	43d	1	0.73mi
18427 Greenfield Rd Detroit, MI	2.0	1.0	952	$980	$1.03	4d	1	0.84mi
18481 Prest St Detroit, MI	3.0	1.5	1100	$1,300	$1.18	19d	1	0.92mi
15736 Biltmore St Detroit, MI	3.0	1.5	1000	$1,200	$1.20	16d	1	0.95mi
18452 Shaftsbury Ave Detroit, MI	3.0	1.0	927	$1,500	$1.62	16d	1	0.96mi
18659 Shaftsbury Ave Detroit, MI	3.0	1.0	763	$1,373	$1.80	12d	1	1.06mi
18699 Shaftsbury Ave Detroit, MI	2.0	1.0	800	$1,000	$1.25	43d	1	1.08mi
18450 Edinborough Rd Detroit, MI	3.0	1.0	1000	$1,500	$1.50	43d	1	1.12mi
19440 Rutherford St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	24d	1	1.17mi
19329 Stahelin Ave Unit 1 Detroit, MI	3.0	1.5	833	$1,250	$1.50	43d	1	1.17mi
19467 Rutherford St Detroit, MI	3.0	1.0	1002	$1,200	$1.20	16d	1	1.18mi
19736 Gilchrist St Detroit, MI	2.0	1.0	696	$995	$1.43	12d	1	1.18mi
19176 Grandville Ave Detroit, MI	3.0	1.0	941	$1,300	$1.38	4d	1	1.23mi
15065 Gilchrist St Detroit, MI	3.0	1.0	1100	$1,250	$1.14	43d	1	1.24mi
19445 Avon Ave Detroit, MI	3.0	1.0	1023	$1,550	$1.52	43d	1	1.24mi
19818 Fenmore St Detroit, MI	3.0	1.0	902	$1,275	$1.41	43d	1	1.27mi
18134 Vaughan St Detroit, MI	3.0	1.0	1060	$1,150	$1.08	16d	1	1.31mi
19918 Southfield Fwy Detroit, MI	3.0	1.0	915	$1,375	$1.50	14d	1	1.32mi
19372 Grandville Ave Detroit, MI	2.0	1.5	733	$1,050	$1.43	14d	1	1.34mi
18191 Heyden St Detroit, MI	2.0	1.0	917	$1,100	$1.20	24d	1	1.39mi
15468 Sussex St #2 Detroit, MI	2.0	1.0	900	$1,250	$1.39	43d	1	1.40mi
19970 Ashton Ave Detroit, MI	3.0	1.0	1000	$1,000	$1.00	43d	1	1.41mi
18461 Heyden St Detroit, MI	2.0	1.0	1000	$1,050	$1.05	4d	1	1.44mi
20043 Fenmore St Detroit, MI	3.0	1.0	1030	$1,453	$1.41	43d	1	1.45mi

Listing history 50 events

1. 2026-06-02
   status $75,000 Pending 25 DOM
2. 2026-06-01
   days on market $75,000 Active 25 DOM

   Show marketing remark (1141 chars)

   * * Move in ready!!! * * This beautifully maintained 2 bedroom raised ranch home is a great opportunity in a great location directly across from a large open field maintained by Greenhouse Preservation. Right down the street from Wayne County Community College NW Campus and Sanai-Grace Hospital. Upon arrival, you will notice the extra wide lot backing a large wooded area, making the property feel open and private with lots of room from any neighbors and room to build a garage. The kitchen and bath were recently updated with beautiful cabinetry in the kitchen and great tile work in the bathroom. The home has been previously renovated and well maintained since. The dining room benefits from plenty of natural light due to its west-facing orientation. The property also features an oversized enclosed and heated front porch that could serve many uses from a mudroom to additional living space. The full basement is plumbed for a half bath. Don't wait to jump on this opportunity! Clear title with warranty deed and title insurance. Buyer to verify all information, taxes, room sizes, etc. Buyer to pay 495 compliance to list office.

3. 2026-05-31
   days on market $75,000 Active 24 DOM
4. 2026-05-08
   listed $75,000 Active 1141-char remark

   Show marketing remark (1141 chars)

   * * Move in ready!!! * * This beautifully maintained 2 bedroom raised ranch home is a great opportunity in a great location directly across from a large open field maintained by Greenhouse Preservation. Right down the street from Wayne County Community College NW Campus and Sanai-Grace Hospital. Upon arrival, you will notice the extra wide lot backing a large wooded area, making the property feel open and private with lots of room from any neighbors and room to build a garage. The kitchen and bath were recently updated with beautiful cabinetry in the kitchen and great tile work in the bathroom. The home has been previously renovated and well maintained since. The dining room benefits from plenty of natural light due to its west-facing orientation. The property also features an oversized enclosed and heated front porch that could serve many uses from a mudroom to additional living space. The full basement is plumbed for a half bath. Don't wait to jump on this opportunity! Clear title with warranty deed and title insurance. Buyer to verify all information, taxes, room sizes, etc. Buyer to pay 495 compliance to list office.

5. 2026-05-08
   listed $75,000 Active 1141-char remark

   Show marketing remark (1141 chars)

   * * Move in ready!!! * * This beautifully maintained 2 bedroom raised ranch home is a great opportunity in a great location directly across from a large open field maintained by Greenhouse Preservation. Right down the street from Wayne County Community College NW Campus and Sanai-Grace Hospital. Upon arrival, you will notice the extra wide lot backing a large wooded area, making the property feel open and private with lots of room from any neighbors and room to build a garage. The kitchen and bath were recently updated with beautiful cabinetry in the kitchen and great tile work in the bathroom. The home has been previously renovated and well maintained since. The dining room benefits from plenty of natural light due to its west-facing orientation. The property also features an oversized enclosed and heated front porch that could serve many uses from a mudroom to additional living space. The full basement is plumbed for a half bath. Don't wait to jump on this opportunity! Clear title with warranty deed and title insurance. Buyer to verify all information, taxes, room sizes, etc. Buyer to pay 495 compliance to list office.

6. 2024-04-01
   soldstatus $69,000
7. 2024-03-28
   soldstatus $69,000 Sold

   Show marketing remark (1204 chars)

   This fantastic two-bedroom raised ranch home offers a fantastic location. Situated across from a large open field owned and maintained by Greenhouse Preservation and just one block away from FELLOWSHIP CHAPEL, this is a wonderful setting. The kitchen in this home provides ample cabinet and counter space, along with brand new appliances, light fixtures, and faucets. It opens up to a spacious dining room, which benefits from plenty of natural light due to its west-facing orientation. The property also features an oversized enclosed porch that could serve as a dream space for parents, with room for additional storage cabinets or bins for shoes. Both of the spacious bedrooms come with large closets. The bathroom is beautifully designed, and you'll be impressed with the tilework. The house includes a large basement where the laundry is located, and it's already plumbed for a bathroom. Furthermore, its location near the Southfield Freeway and Sinai Grace Hospital adds to its appeal. Whether you're a first-time homebuyer, someone downsizing, or considering it for rental or Airbnb opportunities, this home offers a great package. Don't miss the chance to see it – call for a showing today!

8. 2024-03-28
   soldstatus $69,000 Closed

   Show marketing remark (1204 chars)

   This fantastic two-bedroom raised ranch home offers a fantastic location. Situated across from a large open field owned and maintained by Greenhouse Preservation and just one block away from FELLOWSHIP CHAPEL, this is a wonderful setting. The kitchen in this home provides ample cabinet and counter space, along with brand new appliances, light fixtures, and faucets. It opens up to a spacious dining room, which benefits from plenty of natural light due to its west-facing orientation. The property also features an oversized enclosed porch that could serve as a dream space for parents, with room for additional storage cabinets or bins for shoes. Both of the spacious bedrooms come with large closets. The bathroom is beautifully designed, and you'll be impressed with the tilework. The house includes a large basement where the laundry is located, and it's already plumbed for a bathroom. Furthermore, its location near the Southfield Freeway and Sinai Grace Hospital adds to its appeal. Whether you're a first-time homebuyer, someone downsizing, or considering it for rental or Airbnb opportunities, this home offers a great package. Don't miss the chance to see it – call for a showing today!

9. 2024-02-29
   status Pending
10. 2024-02-28
    status Pending

    Show marketing remark (1204 chars)

    This fantastic two-bedroom raised ranch home offers a fantastic location. Situated across from a large open field owned and maintained by Greenhouse Preservation and just one block away from FELLOWSHIP CHAPEL, this is a wonderful setting. The kitchen in this home provides ample cabinet and counter space, along with brand new appliances, light fixtures, and faucets. It opens up to a spacious dining room, which benefits from plenty of natural light due to its west-facing orientation. The property also features an oversized enclosed porch that could serve as a dream space for parents, with room for additional storage cabinets or bins for shoes. Both of the spacious bedrooms come with large closets. The bathroom is beautifully designed, and you'll be impressed with the tilework. The house includes a large basement where the laundry is located, and it's already plumbed for a bathroom. Furthermore, its location near the Southfield Freeway and Sinai Grace Hospital adds to its appeal. Whether you're a first-time homebuyer, someone downsizing, or considering it for rental or Airbnb opportunities, this home offers a great package. Don't miss the chance to see it – call for a showing today!

11. 2024-02-12
    listed $69,900 Active

    Show marketing remark (1204 chars)

    This fantastic two-bedroom raised ranch home offers a fantastic location. Situated across from a large open field owned and maintained by Greenhouse Preservation and just one block away from FELLOWSHIP CHAPEL, this is a wonderful setting. The kitchen in this home provides ample cabinet and counter space, along with brand new appliances, light fixtures, and faucets. It opens up to a spacious dining room, which benefits from plenty of natural light due to its west-facing orientation. The property also features an oversized enclosed porch that could serve as a dream space for parents, with room for additional storage cabinets or bins for shoes. Both of the spacious bedrooms come with large closets. The bathroom is beautifully designed, and you'll be impressed with the tilework. The house includes a large basement where the laundry is located, and it's already plumbed for a bathroom. Furthermore, its location near the Southfield Freeway and Sinai Grace Hospital adds to its appeal. Whether you're a first-time homebuyer, someone downsizing, or considering it for rental or Airbnb opportunities, this home offers a great package. Don't miss the chance to see it – call for a showing today!

12. 2024-02-12
    listed $69,900 Active

    Show marketing remark (1204 chars)

    This fantastic two-bedroom raised ranch home offers a fantastic location. Situated across from a large open field owned and maintained by Greenhouse Preservation and just one block away from FELLOWSHIP CHAPEL, this is a wonderful setting. The kitchen in this home provides ample cabinet and counter space, along with brand new appliances, light fixtures, and faucets. It opens up to a spacious dining room, which benefits from plenty of natural light due to its west-facing orientation. The property also features an oversized enclosed porch that could serve as a dream space for parents, with room for additional storage cabinets or bins for shoes. Both of the spacious bedrooms come with large closets. The bathroom is beautifully designed, and you'll be impressed with the tilework. The house includes a large basement where the laundry is located, and it's already plumbed for a bathroom. Furthermore, its location near the Southfield Freeway and Sinai Grace Hospital adds to its appeal. Whether you're a first-time homebuyer, someone downsizing, or considering it for rental or Airbnb opportunities, this home offers a great package. Don't miss the chance to see it – call for a showing today!

13. 2023-12-19
    historical
14. 2023-12-18
    historical
15. 2023-11-08
    historical $950
16. 2023-11-07
    price $68,900
17. 2023-11-07
    price $68,900
18. 2023-10-19
    price $72,900
19. 2023-10-19
    price $72,900
20. 2023-10-08
    listed $950
21. 2023-06-18
    listed $89,900 Active
22. 2023-06-18
    listed $89,900 Active
23. 2022-12-14
    historical
24. 2022-12-14
    historical
25. 2022-09-14
    price $99,000
26. 2022-09-14
    price $99,000
27. 2022-09-14
    status Active
28. 2022-07-28
    historical
29. 2022-07-21
    price $104,900
30. 2022-07-20
    price $104,900
31. 2022-06-01
    status Active
32. 2022-06-01
    status Active
33. 2022-05-11
    status Pending
34. 2022-05-11
    status Pending
35. 2022-04-25
    listed $119,900 Active
36. 2022-04-25
    listed $119,900 Active
37. 2018-12-14
    soldstatus $5,900
38. 2018-12-14
    soldstatus $5,900
39. 2018-08-27
    listed $5,900
40. 2018-08-27
    listed $5,900
41. 2018-08-24
    historical
42. 2018-08-24
    historical
43. 2018-08-18
    listed $10,000
44. 2018-08-18
    listed $10,000
45. 2018-08-08
    soldstatus $5,000 Sold
46. 2018-08-08
    soldstatus $5,000 Closed
47. 2018-08-03
    status Pending
48. 2018-08-03
    status Pending
49. 2018-07-30
    listed $5,000 Active
50. 2018-07-30
    listed $5,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $2,380 · $198/mo
• Projected year-2 tax: $2,380 · $198/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,047
• − Mortgage interest: −$4,201
• − Property taxes: −$2,380
• − Insurance: −$375
• − Repairs & maintenance: −$1,284
• − Management: −$1,284
• − Depreciation: −$2,182
• Taxable income: $4,342
• Est. tax owed @ 24.0%: −$1,042
• After-tax cash flow: $4,161/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): 45,600
• Household income: $39,265
• Rent vs Own: 46.5% rent · 53.5% own
• Severe rent burden: 3064.0

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 (94%)
• Race & ethnicity: Black 94% White 3% Two or more races 2% Hispanic / Latino 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 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: ▼ -153.02%
• Current HPI: 263.6326
• Rent YoY: ▲ 3.25%
• 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

+1400.0% since first listed

49 events — show timeline

• 2026-06-01 Pending — REALCOMP
• 2026-06-01 Pending — MiRealSource-MiMLS
• 2026-05-08 Listed $75,000 MiRealSource-MiMLS
• 2026-05-08 Listed $75,000 REALCOMP
• 2024-04-01 Sold (Public Records) $69,000 Public Records
• 2024-03-28 Sold (MLS) $69,000 MiRealSource-MiMLS
• 2024-03-28 Sold (MLS) $69,000 REALCOMP
• 2024-02-29 Pending — MiRealSource-MiMLS
• 2024-02-28 Pending — REALCOMP
• 2024-02-12 Listed $69,900 MiRealSource-MiMLS
• 2024-02-12 Listed $69,900 REALCOMP
• 2023-12-19 Listing Removed — MiRealSource-MiMLS
• 2023-12-18 Listing Removed — REALCOMP
• 2023-11-08 Rental Removed $950 PROPERTYWARE
• 2023-11-07 Price Changed $68,900 MiRealSource-MiMLS
• 2023-11-07 Price Changed $68,900 REALCOMP
• 2023-10-19 Price Changed $72,900 MiRealSource-MiMLS
• 2023-10-19 Price Changed $72,900 REALCOMP
• 2023-10-08 Listed for Rent $950 PROPERTYWARE
• 2023-06-18 Listed $89,900 MiRealSource-MiMLS
• 2023-06-18 Listed $89,900 REALCOMP
• 2022-12-14 Listing Removed — MiRealSource-MiMLS
• 2022-12-14 Listing Removed — REALCOMP
• 2022-09-14 Price Changed $99,000 MiRealSource-MiMLS
• 2022-09-14 Price Changed $99,000 REALCOMP
• 2022-09-14 Relisted — REALCOMP
• 2022-07-28 Listing Removed — REALCOMP
• 2022-07-21 Price Changed $104,900 MiRealSource-MiMLS
• 2022-07-20 Price Changed $104,900 REALCOMP
• 2022-06-01 Relisted — MiRealSource-MiMLS
• 2022-06-01 Relisted — REALCOMP
• 2022-05-11 Pending — MiRealSource-MiMLS
• 2022-05-11 Pending — REALCOMP
• 2022-04-25 Listed $119,900 MiRealSource-MiMLS
• 2022-04-25 Listed $119,900 REALCOMP
• 2018-12-14 Sold (MLS) $5,900 MiRealSource-MiMLS
• 2018-12-14 Sold (MLS) $5,900 REALCOMP
• 2018-08-27 Listed $5,900 MiRealSource-MiMLS
• 2018-08-27 Listed $5,900 REALCOMP
• 2018-08-24 Listing Removed — MiRealSource-MiMLS
• 2018-08-24 Listing Removed — REALCOMP
• 2018-08-18 Listed $10,000 MiRealSource-MiMLS
• 2018-08-18 Listed $10,000 REALCOMP
• 2018-08-08 Sold (MLS) $5,000 MiRealSource-MiMLS
• 2018-08-08 Sold (MLS) $5,000 REALCOMP
• 2018-08-03 Pending — MiRealSource-MiMLS
• 2018-08-03 Pending — REALCOMP
• 2018-07-30 Listed $5,000 MiRealSource-MiMLS
• 2018-07-30 Listed $5,000 REALCOMP

Property tax history

+9.1%/yr

Latest (2025): $2,380 · +111.2% YoY. Source: county tax records.