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5613 Bedford St
D+ Composite 45.02
Why this score? — see what drove the D+ 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 +14.7/30.0
  • ARV discount +10.6/15.0
  • DSCR +4.5/10.0
  • 1% rule +4.0/10.0
  • Livability +4.0/5.0
  • Rent growth +3.0/5.0
  • Condition / age +2.5/5.0
  • Schools +1.7/10.0
  • Appreciation +0.0/10.0

$179,900

5613 Bedford St · Dearborn Heights, MI 48125
3 bd · 1.0 ba · 1,150 sqft · SingleFamily public records · 119 Days on market
Built 1964 5,227 sqft lot Est $193k · 7% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Charming 1-story Ranch in Dearborn Heights offering 1,150 SQFT of comfortable living space. This move-in-ready home features 3 bedroom, 1.5 bath ranch in Dearborn Heights! The home features an updated kitchen with granite countertops, an updated full bath, and a partially finished basement with a half bath for added living space. Hardwood floors run throughout, adding warmth and character. Enjoy a nice yard that's perfect for outdoor living and entertaining. Conveniently located near schools, shopping, and major freeways. Schedule your showing today!

Key facts

  • Updated kitchen
  • Granite countertops
  • Nice yard

Tags

UPDATED KITCHENGRANITE COUNTERTOPSPARTIALLY FINISHED BASEMENTNICE YARDCONVENIENTLY LOCATED

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $180k.

Deal economics

  • At list price, monthly cash flow is $47 ($569/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $162k (10.0% below list).
  • Recommended offer: $162k (10.0% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 79/100 on livability (#82 in MI, #1,885 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D+, employment D+, health & safety D+.
  • Dearborn Heights School District #7 (suburban): math 13% / reading 26% proficiency, ranked #466 of 540 in MI (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Oakley W Best Middle School (math 12% / reading 31%, grade F, #415 of 493 statewide, top 85%, 586 students, 82% FRL); Annapolis High School (math 12% / reading 32%, grade F, #582 of 713 statewide, top 83%, 748 students, 77% FRL) — zoned schools average 79% FRL vs 60% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising (+2.0%/yr); 139 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • This rent runs 32% of the median local income ($60k/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 $1k of loan paydown is wiped out by about $5k 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

  • It's been on market 119 days — a 9% lower offer ($164k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 3y ago; this cycle's ask is 9894% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Recommended offer $161,908 (10.0% below list)

Questions for the listing agent

  1. It's been on market 119 days. Have you received any prior offers? Is the seller open to a 10% concession, seller financing, or rate buy-down credit?
  2. Built in 1964 — 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. Crime grade is D 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. 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?
  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
0.90%
Cap rate
6.61%
Cash-on-cash
1.13%
DSCR
1.05
GRM
9.3

CMA / ARV

ARV (on-the-fly)
$193,200
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
4995 Croissant St 0.20mi 3/2.0 1,188 (+3%) 4mo $150,000 $126 77
4685 Universal St 0.39mi 3/1.5 1,180 (+3%) 1mo $215,000 $182 74
5839 Balfour Ave 0.23mi 3/1.0 998 (-13%) 2mo $150,000 $150 65
4475 Ziegler St 0.58mi 3/1.0 1,200 (+4%) 2mo $200,000 $167 65
4932 Pelham St 0.42mi 3/1.0 1,000 (-13%) 1mo $170,000 $170 58
4663 Mayfair St 0.65mi 3/1.0 1,074 (-7%) 1mo $180,000 $168 58
4445 Bedford St 0.46mi 3/1.0 1,025 (-11%) 4mo $200,000 $195 57
4670 Pelham St 0.47mi 4/1.0 (+1) 1,272 (+11%) 0mo $120,000 $94 55
22751 Outer Dr 0.61mi 3/1.0 1,243 (+8%) 4mo $215,000 $173 55
4976 Weddell St 0.56mi 3/1.0 1,012 (-12%) 3mo $180,000 $178 51
20313 Powers Ave 0.55mi 2/1.0 (-1) 992 (-14%) 4mo $117,000 $118 43
20616 Powers Ave 0.74mi 3/1.0 1,288 (+12%) 3mo $150,000 $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 · 2.03% rent growth · sell at horizon

5-year hold
IRR
-15.6%
Equity multiple
0.45×
Total profit
$-27,679
Equity at exit
$26,824
10-year hold
IRR
-8.8%
Equity multiple
0.48×
Total profit
$-26,440
Equity at exit
$15,554

Cash invested: $50,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
62 Landlord-Friendly
State Michigan
62 Landlord-Friendly · EVEN
County
— inherits STATE
City
— inherits STATE
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

ZIP-level market 48125

Rents YoY
2.0%
Active inventory
139
Price-to-rent
9.3×

Monthly cashflow live

Estimated rent
$1,619 high interval (Pro) →
Mortgage (P&I)
$943
Tax from tax record
$213 /mo · $2,559/yr
Insurance
$75
HOA
$0
Vacancy / Maint / Mgmt
$340
Net cashflow
$47

Break-even live

Break-even rent $1,559
Max offer price $179,900
Occupancy floor 92%

Sensitivity live

Price -10% $149 -5% $98 +0% $47 +5% $-3 +10% $-54
Rent -10% $-80 -5% $-17 +0% $47 +5% $111 +10% $175
Rate -1.0pp $138 -0.5pp $93 base $47 +0.5pp $1 +1.0pp $-47

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
$44,975
Closing costs
$5,397
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 15 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5371 Culver St Dearborn Heights, MI 3.0 1.0 980 $1,500 $1.53 12d 1 0.06mi
5371 Culver St Dearborn Heights, MI 3.0 1.0 980 $1,450 $1.48 3d 1 0.06mi
4565 Fleming St Dearborn Heights, MI 3.0 1.0 1200 $1,600 $1.33 12d 1 0.42mi
4631 Ziegler St Dearborn Heights, MI 3.0 1.0 1050 $1,650 $1.57 45d 1 0.49mi
4704 Jackson St Dearborn Heights, MI 3.0 1.0 1000 $1,500 $1.50 23d 1 0.53mi
4681 Weddell St Dearborn Heights, MI 3.0 1.0 860 $1,600 $1.86 0d 1 0.57mi
4775 Willow Cove Blvd Allen Park, MI 1.0–2.0 1.0 805 $1,649 $2.05 26d 4 0.96mi
4914 Gertrude St Dearborn Heights, MI 2.0 1.0 908 $1,230 $1.35 19d 1 0.99mi
4638 Gertrude St Dearborn Heights, MI 3.0 1.0 1020 $1,700 $1.67 6d 1 1.02mi
4810 Campbell St Dearborn Heights, MI 3.0 1.0 1000 $1,700 $1.70 0d 1 1.06mi
15806 Meyer Ave Allen Park, MI 3.0 2.0 1100 $1,650 $1.50 3d 1 1.11mi
20728 Carlysle St Dearborn, MI 3.0 1.0 1087 $1,850 $1.70 0d 1 1.18mi
4757 Dudley St Dearborn Heights, MI 3.0 1.0 995 $1,350 $1.36 12d 1 1.22mi
2631 Woodside St Dearborn, MI 3.0 1.0 894 $1,650 $1.85 0d 1 1.25mi
4934 McKinley St Dearborn Heights, MI 3.0 1.0 1051 $1,700 $1.62 0d 1 1.47mi

Listing history 21 events

  1. 2026-01-21
    status Pending 556-char remark
    Show marketing remark (556 chars)

    Charming 1-story Ranch in Dearborn Heights offering 1,150 SQFT of comfortable living space. This move-in-ready home features 3 bedroom, 1.5 bath ranch in Dearborn Heights! The home features an updated kitchen with granite countertops, an updated full bath, and a partially finished basement with a half bath for added living space. Hardwood floors run throughout, adding warmth and character. Enjoy a nice yard that's perfect for outdoor living and entertaining. Conveniently located near schools, shopping, and major freeways. Schedule your showing today!

  2. 2026-01-21
    status Pending
    Show marketing remark (556 chars)

    Charming 1-story Ranch in Dearborn Heights offering 1,150 SQFT of comfortable living space. This move-in-ready home features 3 bedroom, 1.5 bath ranch in Dearborn Heights! The home features an updated kitchen with granite countertops, an updated full bath, and a partially finished basement with a half bath for added living space. Hardwood floors run throughout, adding warmth and character. Enjoy a nice yard that's perfect for outdoor living and entertaining. Conveniently located near schools, shopping, and major freeways. Schedule your showing today!

  3. 2026-01-12
    historical $1,800
  4. 2025-12-30
    price $179,900 556-char remark
    Show marketing remark (556 chars)

    Charming 1-story Ranch in Dearborn Heights offering 1,150 SQFT of comfortable living space. This move-in-ready home features 3 bedroom, 1.5 bath ranch in Dearborn Heights! The home features an updated kitchen with granite countertops, an updated full bath, and a partially finished basement with a half bath for added living space. Hardwood floors run throughout, adding warmth and character. Enjoy a nice yard that's perfect for outdoor living and entertaining. Conveniently located near schools, shopping, and major freeways. Schedule your showing today!

  5. 2025-12-30
    price $179,900
    Show marketing remark (556 chars)

    Charming 1-story Ranch in Dearborn Heights offering 1,150 SQFT of comfortable living space. This move-in-ready home features 3 bedroom, 1.5 bath ranch in Dearborn Heights! The home features an updated kitchen with granite countertops, an updated full bath, and a partially finished basement with a half bath for added living space. Hardwood floors run throughout, adding warmth and character. Enjoy a nice yard that's perfect for outdoor living and entertaining. Conveniently located near schools, shopping, and major freeways. Schedule your showing today!

  6. 2025-11-20
    listed $1,800
  7. 2025-11-04
    price $174,900 556-char remark
    Show marketing remark (556 chars)

    Charming 1-story Ranch in Dearborn Heights offering 1,150 SQFT of comfortable living space. This move-in-ready home features 3 bedroom, 1.5 bath ranch in Dearborn Heights! The home features an updated kitchen with granite countertops, an updated full bath, and a partially finished basement with a half bath for added living space. Hardwood floors run throughout, adding warmth and character. Enjoy a nice yard that's perfect for outdoor living and entertaining. Conveniently located near schools, shopping, and major freeways. Schedule your showing today!

  8. 2025-11-03
    price $174,900
  9. 2025-10-11
    price $189,900 556-char remark
    Show marketing remark (556 chars)

    Charming 1-story Ranch in Dearborn Heights offering 1,150 SQFT of comfortable living space. This move-in-ready home features 3 bedroom, 1.5 bath ranch in Dearborn Heights! The home features an updated kitchen with granite countertops, an updated full bath, and a partially finished basement with a half bath for added living space. Hardwood floors run throughout, adding warmth and character. Enjoy a nice yard that's perfect for outdoor living and entertaining. Conveniently located near schools, shopping, and major freeways. Schedule your showing today!

  10. 2025-10-10
    price $189,900
  11. 2025-09-24
    listed $199,900 Active
    Show marketing remark (556 chars)

    Charming 1-story Ranch in Dearborn Heights offering 1,150 SQFT of comfortable living space. This move-in-ready home features 3 bedroom, 1.5 bath ranch in Dearborn Heights! The home features an updated kitchen with granite countertops, an updated full bath, and a partially finished basement with a half bath for added living space. Hardwood floors run throughout, adding warmth and character. Enjoy a nice yard that's perfect for outdoor living and entertaining. Conveniently located near schools, shopping, and major freeways. Schedule your showing today!

  12. 2025-09-24
    listed $199,900 Active 556-char remark
    Show marketing remark (556 chars)

    Charming 1-story Ranch in Dearborn Heights offering 1,150 SQFT of comfortable living space. This move-in-ready home features 3 bedroom, 1.5 bath ranch in Dearborn Heights! The home features an updated kitchen with granite countertops, an updated full bath, and a partially finished basement with a half bath for added living space. Hardwood floors run throughout, adding warmth and character. Enjoy a nice yard that's perfect for outdoor living and entertaining. Conveniently located near schools, shopping, and major freeways. Schedule your showing today!

  13. 2023-10-03
    soldstatus $172,000
  14. 2023-09-28
    soldstatus $172,000 Sold 616-char remark
    Show marketing remark (616 chars)

    IF YOU’RE LOOKING FOR A HOME IN A GREAT CENTRAL LOCATION WITH A LOT TO OFFER! THIS IS THE ONE! THIS HOME HAS AN UPDATED OPEN CONCEPT KITCHEN WITH GRANITE COUNTERTOPS A FREE STANDING ISLAND WITH AMPLE DINING SPACE ALONG WITH A BREAKFAST NOOK. GREAT SIZE LIVING ROOM, BEDROOMS OFFER ORIGINAL HARDWOOD FLOORS UNDER CARPET. DRY BASEMENT WITH HALF BATH. THREE SEASONS ROOM OFF OF THE HOUSE OVER LOOKING THE BACKYARD, OVERSIZED SHED FOR STORAGE. CHECK THIS HOME OUT AND YOU WONT BE DISAPPOINTED. INCLUDES DISHWASHER AND MICROWAVE AND HIGHTOP STOOLS EXCLUDES THE THREE-SEASONS FRIDGE AND GAZEBO AND OUTDOOR FURNITURE.

  15. 2023-09-28
    soldstatus $172,000 Closed
    Show marketing remark (616 chars)

    IF YOU’RE LOOKING FOR A HOME IN A GREAT CENTRAL LOCATION WITH A LOT TO OFFER! THIS IS THE ONE! THIS HOME HAS AN UPDATED OPEN CONCEPT KITCHEN WITH GRANITE COUNTERTOPS A FREE STANDING ISLAND WITH AMPLE DINING SPACE ALONG WITH A BREAKFAST NOOK. GREAT SIZE LIVING ROOM, BEDROOMS OFFER ORIGINAL HARDWOOD FLOORS UNDER CARPET. DRY BASEMENT WITH HALF BATH. THREE SEASONS ROOM OFF OF THE HOUSE OVER LOOKING THE BACKYARD, OVERSIZED SHED FOR STORAGE. CHECK THIS HOME OUT AND YOU WONT BE DISAPPOINTED. INCLUDES DISHWASHER AND MICROWAVE AND HIGHTOP STOOLS EXCLUDES THE THREE-SEASONS FRIDGE AND GAZEBO AND OUTDOOR FURNITURE.

  16. 2023-08-30
    status Pending
    Show marketing remark (616 chars)

    IF YOU’RE LOOKING FOR A HOME IN A GREAT CENTRAL LOCATION WITH A LOT TO OFFER! THIS IS THE ONE! THIS HOME HAS AN UPDATED OPEN CONCEPT KITCHEN WITH GRANITE COUNTERTOPS A FREE STANDING ISLAND WITH AMPLE DINING SPACE ALONG WITH A BREAKFAST NOOK. GREAT SIZE LIVING ROOM, BEDROOMS OFFER ORIGINAL HARDWOOD FLOORS UNDER CARPET. DRY BASEMENT WITH HALF BATH. THREE SEASONS ROOM OFF OF THE HOUSE OVER LOOKING THE BACKYARD, OVERSIZED SHED FOR STORAGE. CHECK THIS HOME OUT AND YOU WONT BE DISAPPOINTED. INCLUDES DISHWASHER AND MICROWAVE AND HIGHTOP STOOLS EXCLUDES THE THREE-SEASONS FRIDGE AND GAZEBO AND OUTDOOR FURNITURE.

  17. 2023-08-30
    status Pending 616-char remark
    Show marketing remark (616 chars)

    IF YOU’RE LOOKING FOR A HOME IN A GREAT CENTRAL LOCATION WITH A LOT TO OFFER! THIS IS THE ONE! THIS HOME HAS AN UPDATED OPEN CONCEPT KITCHEN WITH GRANITE COUNTERTOPS A FREE STANDING ISLAND WITH AMPLE DINING SPACE ALONG WITH A BREAKFAST NOOK. GREAT SIZE LIVING ROOM, BEDROOMS OFFER ORIGINAL HARDWOOD FLOORS UNDER CARPET. DRY BASEMENT WITH HALF BATH. THREE SEASONS ROOM OFF OF THE HOUSE OVER LOOKING THE BACKYARD, OVERSIZED SHED FOR STORAGE. CHECK THIS HOME OUT AND YOU WONT BE DISAPPOINTED. INCLUDES DISHWASHER AND MICROWAVE AND HIGHTOP STOOLS EXCLUDES THE THREE-SEASONS FRIDGE AND GAZEBO AND OUTDOOR FURNITURE.

  18. 2023-08-25
    listed $159,900 Active
    Show marketing remark (616 chars)

    IF YOU’RE LOOKING FOR A HOME IN A GREAT CENTRAL LOCATION WITH A LOT TO OFFER! THIS IS THE ONE! THIS HOME HAS AN UPDATED OPEN CONCEPT KITCHEN WITH GRANITE COUNTERTOPS A FREE STANDING ISLAND WITH AMPLE DINING SPACE ALONG WITH A BREAKFAST NOOK. GREAT SIZE LIVING ROOM, BEDROOMS OFFER ORIGINAL HARDWOOD FLOORS UNDER CARPET. DRY BASEMENT WITH HALF BATH. THREE SEASONS ROOM OFF OF THE HOUSE OVER LOOKING THE BACKYARD, OVERSIZED SHED FOR STORAGE. CHECK THIS HOME OUT AND YOU WONT BE DISAPPOINTED. INCLUDES DISHWASHER AND MICROWAVE AND HIGHTOP STOOLS EXCLUDES THE THREE-SEASONS FRIDGE AND GAZEBO AND OUTDOOR FURNITURE.

  19. 2023-08-25
    listed $159,900 Active 616-char remark
    Show marketing remark (616 chars)

    IF YOU’RE LOOKING FOR A HOME IN A GREAT CENTRAL LOCATION WITH A LOT TO OFFER! THIS IS THE ONE! THIS HOME HAS AN UPDATED OPEN CONCEPT KITCHEN WITH GRANITE COUNTERTOPS A FREE STANDING ISLAND WITH AMPLE DINING SPACE ALONG WITH A BREAKFAST NOOK. GREAT SIZE LIVING ROOM, BEDROOMS OFFER ORIGINAL HARDWOOD FLOORS UNDER CARPET. DRY BASEMENT WITH HALF BATH. THREE SEASONS ROOM OFF OF THE HOUSE OVER LOOKING THE BACKYARD, OVERSIZED SHED FOR STORAGE. CHECK THIS HOME OUT AND YOU WONT BE DISAPPOINTED. INCLUDES DISHWASHER AND MICROWAVE AND HIGHTOP STOOLS EXCLUDES THE THREE-SEASONS FRIDGE AND GAZEBO AND OUTDOOR FURNITURE.

  20. 2023-08-22
    historical $159,900
    Show marketing remark (616 chars)

    IF YOU’RE LOOKING FOR A HOME IN A GREAT CENTRAL LOCATION WITH A LOT TO OFFER! THIS IS THE ONE! THIS HOME HAS AN UPDATED OPEN CONCEPT KITCHEN WITH GRANITE COUNTERTOPS A FREE STANDING ISLAND WITH AMPLE DINING SPACE ALONG WITH A BREAKFAST NOOK. GREAT SIZE LIVING ROOM, BEDROOMS OFFER ORIGINAL HARDWOOD FLOORS UNDER CARPET. DRY BASEMENT WITH HALF BATH. THREE SEASONS ROOM OFF OF THE HOUSE OVER LOOKING THE BACKYARD, OVERSIZED SHED FOR STORAGE. CHECK THIS HOME OUT AND YOU WONT BE DISAPPOINTED. INCLUDES DISHWASHER AND MICROWAVE AND HIGHTOP STOOLS EXCLUDES THE THREE-SEASONS FRIDGE AND GAZEBO AND OUTDOOR FURNITURE.

  21. 2023-08-22
    historical $159,900 616-char remark
    Show marketing remark (616 chars)

    IF YOU’RE LOOKING FOR A HOME IN A GREAT CENTRAL LOCATION WITH A LOT TO OFFER! THIS IS THE ONE! THIS HOME HAS AN UPDATED OPEN CONCEPT KITCHEN WITH GRANITE COUNTERTOPS A FREE STANDING ISLAND WITH AMPLE DINING SPACE ALONG WITH A BREAKFAST NOOK. GREAT SIZE LIVING ROOM, BEDROOMS OFFER ORIGINAL HARDWOOD FLOORS UNDER CARPET. DRY BASEMENT WITH HALF BATH. THREE SEASONS ROOM OFF OF THE HOUSE OVER LOOKING THE BACKYARD, OVERSIZED SHED FOR STORAGE. CHECK THIS HOME OUT AND YOU WONT BE DISAPPOINTED. INCLUDES DISHWASHER AND MICROWAVE AND HIGHTOP STOOLS EXCLUDES THE THREE-SEASONS FRIDGE AND GAZEBO AND OUTDOOR FURNITURE.

ⓘ 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
$2,559 · $213/mo
Projected year-2 tax
$2,665 · $222/mo
Expected delta
+$106/yr (+$9/mo · 4.1%)

ⓘ 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) · 12% 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$19,429
− Mortgage interest
−$10,077
− Property taxes
−$2,559
− Insurance
−$900
− Repairs & maintenance
−$1,554
− Management
−$1,554
− Depreciation
−$5,233
Taxable loss
−$2,449
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$588
After-tax cash flow
$1,157/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
Dearborn Heights School District #7
NCES district ID
2611610
Math proficiency
13% ▼ -10.00%
Reading proficiency
26% ▼ -7.00%
Median HH income
$47,468
Composite
17.21/100
National rank
#9101
State rank
#466 of 540 in MI

Livability — Dearborn Heights

Score
79/100
State rank
#82
US rank
#1885

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Dearborn Heights, MI
County
Wayne County · 1,562,939 people
City population
61,771
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
22,125
Household income
$60,195
Rent vs Own
32.1% rent · 67.9% own
Severe rent burden
654.0

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 (76%)
Race & ethnicity
White 76% Black 10% Two or more races 9% Hispanic / Latino 9%
Hispanic origin (detail)
Mexican 6%
Common ancestry
Romanian 11% Arab 3% Slovak 2%
Foreign-born
11% · Canada
Languages at home
82% English-only · Arabic 13% Spanish 3% 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
▼ -214.70%
Current HPI
218.4698
Rent YoY
▲ 2.03%
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

Price history

-98.9% since first listed
21 events — show timeline
  • 2026-01-21 Pending MiRealSource-MiMLS
  • 2026-01-21 Pending REALCOMP
  • 2026-01-12 Rental Removed $1,800 REALCOMP
  • 2025-12-30 Price Changed $179,900 MiRealSource-MiMLS
  • 2025-12-30 Price Changed $179,900 REALCOMP
  • 2025-11-20 Listed for Rent $1,800 REALCOMP
  • 2025-11-04 Price Changed $174,900 MiRealSource-MiMLS
  • 2025-11-03 Price Changed $174,900 REALCOMP
  • 2025-10-11 Price Changed $189,900 MiRealSource-MiMLS
  • 2025-10-10 Price Changed $189,900 REALCOMP
  • 2025-09-24 Listed $199,900 REALCOMP
  • 2025-09-24 Listed $199,900 MiRealSource-MiMLS
  • 2023-10-03 Sold (Public Records) $172,000 Public Records
  • 2023-09-28 Sold (MLS) $172,000 MiRealSource-MiMLS
  • 2023-09-28 Sold (MLS) $172,000 REALCOMP
  • 2023-08-30 Pending MiRealSource-MiMLS
  • 2023-08-30 Pending REALCOMP
  • 2023-08-25 Listed $159,900 MiRealSource-MiMLS
  • 2023-08-25 Listed $159,900 REALCOMP
  • 2023-08-22 Coming Soon $159,900 MiRealSource-MiMLS
  • 2023-08-22 Coming Soon $159,900 REALCOMP

Property tax history

+4.3%/yr

Latest (2025): $2,559 · -26.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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