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13539 Woodmont Ave
B- Composite 67.65
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 +29.5/30.0
  • DSCR +10.0/10.0
  • ARV discount +8.8/15.0
  • 1% rule +7.9/10.0
  • Rent growth +3.9/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$103,000

13539 Woodmont Ave · Detroit, MI 48227
3 bd · 1.0 ba · 1,106 sqft · SingleFamily public records · 259 Days on market
Built 1941 5,227 sqft lot $93/sqft · at area comps Est $106k · at est. ↓ 24% since listing

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

Listing remarks MLS

Don't miss this incredible opportunity! With a little imagination and vision, this solid 3-bedroom, 1-bath brick home has the potential to truly shine. Located in a well-established neighborhood, the property boasts strong structural bones and a spacious 2.5-car detached garage - perfect for a workshop, man cave, or additional storage. The generously sized backyard offers endless possibilities for outdoor living, gardening, or entertaining. While the home could benefit from some updates, it presents a fantastic opportunity for first-time buyers looking to build equity or savvy investors seeking their next value-add project. For added peace of mind, a security system with cameras is already installed. Plus, the roof and garage come with a transferable warranty. Seller is not interested in Land Contracts, any type of Trust, wholesale, or seller finance terms. Why keep renting when you can own in a great location? Please note: This property is being sold AS-IS. The seller will make no additional repairs or improvements. * * * Short Sale * * *

Key facts

  • 5,227 sq ft lot
  • 2 garage spots
  • Built 1941

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 $103k.

Deal economics

  • At list price, monthly cash flow is $369 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $103k).
  • Recommended offer: $91k (12.0% below list) — sets the bar for market timing.

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 fast (+5.6%/yr); 391 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • This rent runs 44% of the median local income ($37k/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 $712 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 5.6% rent growth), your $29k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 259 days — a 12% lower offer ($91k) is reasonable based on typical stale-listing flexibility.
  • 12 sale attempts since 22y 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: built in 1941 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $90,640 (12.0% below list)

Questions for the listing agent

  1. It's been on market 259 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.29%
Cap rate
10.60%
Cash-on-cash
15.37%
DSCR
1.68
GRM
6.4

CMA / ARV

ARV (median comp)
$106,183
List price
$103,000
Delta
-3.00%
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
12699 Woodmont Ave 0.27mi 3/1.0 1,054 (-5%) 1mo $64,000 $61 79
12660 Grandmont Ave 0.31mi 3/1.0 1,019 (-8%) 1mo $85,000 $83 71
13620 Saint Marys St 0.23mi 3/2.0 1,020 (-8%) 2mo $72,000 $71 71
13599 Winthrop St 0.50mi 3/1.5 1,089 (-2%) 2mo $145,000 $133 71
13618 Grandmont Ave 0.08mi 3/1.0 1,267 (+15%) 3mo $90,500 $71 69
13523 Faust Ave 0.68mi 3/1.0 1,098 (-1%) 2mo $55,000 $50 66
13556 Forrer St 0.40mi 3/1.0 1,035 (-6%) 7mo $149,000 $144 65
13215 Prest St 0.62mi 3/1.0 1,160 (+5%) 0mo $100,000 $86 62
12122 Mettetal St 0.63mi 3/1.0 1,092 (-1%) 8mo $48,000 $44 62
13538 Penrod St 0.59mi 3/1.0 1,026 (-7%) 3mo $95,000 $93 58
12094 Asbury Park 0.64mi 3/1.0 1,156 (+4%) 6mo $61,000 $53 57
13564 Faust Ave 0.65mi 2/1.0 (-1) 951 (-14%) 5mo $60,000 $63 37

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 · 5.59% rent growth · sell at horizon

5-year hold
IRR
8.9%
Equity multiple
1.36×
Total profit
$10,394
Equity at exit
$15,358
10-year hold
IRR
20.1%
Equity multiple
2.90×
Total profit
$54,747
Equity at exit
$8,906

Cash invested: $28,840 (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 48227

Rents YoY
5.6%
Active inventory
391
Price-to-rent
6.4×

Monthly cashflow live

Estimated rent
$1,331 high interval (Pro) →
Mortgage (P&I)
$540
Tax from tax record
$99 /mo · $1,189/yr
Insurance
$43
HOA
$0
Vacancy / Maint / Mgmt
$280
Net cashflow
$369

Break-even live

Break-even rent $863
Max offer price $103,000
Occupancy floor 67%

Sensitivity live

Price -10% $428 -5% $399 +0% $369 +5% $340 +10% $311
Rent -10% $264 -5% $317 +0% $369 +5% $422 +10% $475
Rate -1.0pp $421 -0.5pp $396 base $369 +0.5pp $343 +1.0pp $316

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
$25,750
Closing costs
$3,090
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
12840 Grandmont Ave Detroit, MI 3.0 1.0 1100 $1,200 $1.09 44d 1 0.15mi
12711 Grandmont Ave Detroit, MI 3.0 1.0 1000 $1,400 $1.40 19d 1 0.25mi
13600 Southfield Fwy Detroit, MI 2.0 1.0 848 $1,100 $1.30 6d 1 0.42mi
12944 Rosemont Ave Detroit, MI 2.0 1.0 800 $1,050 $1.31 6d 1 0.54mi
12941 Penrod St Detroit, MI 2.0 1.0 1000 $1,275 $1.27 44d 1 0.63mi
13581 Penrod St Detroit, MI 4.0 1.0 1152 $1,200 $1.04 44d 1 0.63mi
14504 Saint Marys St Detroit, MI 4.0 1.0 1362 $1,473 $1.08 44d 1 0.66mi
14535 Mettetal St Unit 1 Detroit, MI 2.0 1.0 965 $1,000 $1.04 44d 1 0.67mi
13591 Faust Ave Detroit, MI 2.0 1.0 1000 $1,275 $1.27 44d 1 0.70mi
12875 Faust Ave Detroit, MI 2.0 1.0 735 $1,200 $1.63 6d 1 0.70mi
12121 Montrose St Detroit, MI 3.0 1.0 874 $1,373 $1.57 23d 1 0.74mi
13279 Coyle St Detroit, MI 3.0 1.0 1444 $1,373 $0.95 44d 1 0.77mi
12950 Glastonbury Ave Detroit, MI 3.0 1.0 1000 $1,400 $1.40 25d 1 0.79mi
14580 Forrer St Unit Unit Detroit, MI 2.0 1.0 1300 $900 $0.69 21d 1 0.81mi
14615 Winthrop St Detroit, MI 2.0 1.0 1217 $1,300 $1.07 17d 1 0.82mi
14753 Saint Marys St Detroit, MI 2.0 1.0 900 $1,150 $1.28 13d 1 0.83mi
14753 Saint Marys St Detroit, MI 2.0 1.0 900 $1,150 $1.28 6d 1 0.83mi
13514 Stahelin Ave Detroit, MI 3.0 1.0 1000 $1,400 $1.40 19d 1 0.85mi
14104 Coyle St Detroit, MI 3.0 1.0 1327 $1,350 $1.02 6d 1 0.85mi
11641 Mansfield St Unit 2 Detroit, MI 3.0 1.0 1449 $1,300 $0.90 44d 1 0.85mi
14836 Rutherford St Unit 2 Detroit, MI 2.0 1.0 1104 $950 $0.86 44d 1 0.88mi
14716 Archdale St Detroit, MI 2.0 1.0 900 $1,100 $1.22 44d 1 0.93mi
14264 Coyle St Detroit, MI 2.0 1.0 1000 $1,150 $1.15 44d 1 0.93mi
16014 Hackett St Detroit, MI 4.0 2.0 1142 $1,500 $1.31 44d 1 0.95mi
11741 Penrod St Detroit, MI 3.0 1.0 1124 $1,400 $1.25 17d 1 0.96mi
19050 W Davison St Detroit, MI 3.0 1.0 1118 $1,400 $1.25 44d 1 0.98mi
12754 Marlowe St Detroit, MI 3.0 2.0 1008 $1,400 $1.39 17d 1 1.04mi
11704 Greenview Ave Detroit, MI 4.0 1.0 1046 $1,300 $1.24 25d 1 1.05mi
14375 Terry St Detroit, MI 3.0 2.0 1300 $1,425 $1.10 44d 1 1.05mi
10030 Abington Ave Detroit, MI 4.0 2.0 1350 $1,475 $1.09 12d 1 1.07mi
14893 Prest St Detroit, MI 3.0 1.0 1100 $1,000 $0.91 16d 1 1.07mi
13331 Strathmoor St Detroit, MI 3.0 1.0 1084 $1,100 $1.01 17d 1 1.09mi
11634 Sussex St Detroit, MI 3.0 1.0 1091 $1,326 $1.22 25d 1 1.11mi
14814 Sussex St Unit 2 Detroit, MI 3.0 1.0 1100 $1,000 $0.91 44d 1 1.12mi
15065 Gilchrist St Detroit, MI 3.0 1.0 1100 $1,250 $1.14 44d 1 1.12mi
11393 Prest St Detroit, MI 3.0 1.0 900 $1,550 $1.72 17d 1 1.12mi
11345 Greenfield Rd Detroit, MI 2.0 1.0 700 $1,050 $1.50 13d 1 1.13mi
11397 Whitcomb St Detroit, MI 3.0 1.0 1070 $1,400 $1.31 17d 1 1.14mi
12014 Terry St Detroit, MI 2.0 1.0 1361 $1,200 $0.88 44d 1 1.15mi
12039 Lauder St Detroit, MI 3.0 1.5 1000 $1,500 $1.50 25d 1 1.16mi

Listing history 39 events

  1. 2026-06-21
    days on market $103,000 Active 259 DOM
  2. 2026-06-18
    days on market $103,000 Active 256 DOM
  3. 2026-06-17
    days on market $103,000 Active 255 DOM
  4. 2026-06-15
    days on market $103,000 Active 253 DOM
  5. 2026-06-13
    days on market $103,000 Active 251 DOM
  6. 2026-06-13
    days on market $103,000 Active 250 DOM
  7. 2026-06-09
    days on market $103,000 Active 247 DOM
  8. 2026-06-08
    days on market $103,000 Active 246 DOM
  9. 2026-06-07
    days on market $103,000 Active 245 DOM
  10. 2026-06-04
    days on market $103,000 Active 242 DOM
  11. 2026-06-03
    days on market $103,000 Active 241 DOM
  12. 2026-06-01
    days on market $103,000 Active 239 DOM
  13. 2026-05-31
    days on market $103,000 Active 238 DOM
  14. 2026-02-27
    status Active 1061-char remark
    Show marketing remark (1072 chars)

    Don’t miss this incredible opportunity! With a little imagination and vision, this solid 3-bedroom, 1-bath brick home has the potential to truly shine. Located in a well-established neighborhood, the property boasts strong structural bones and a spacious 2.5-car detached garage — perfect for a workshop, man cave, or additional storage. The generously sized backyard offers endless possibilities for outdoor living, gardening, or entertaining. While the home could benefit from some updates, it presents a fantastic opportunity for first-time buyers looking to build equity or savvy investors seeking their next value-add project. For added peace of mind, a security system with cameras is already installed. Plus, the roof and garage come with a transferable warranty. Seller is not interested in Land Contracts, any type of Trust, wholesale, or seller finance terms. Why keep renting when you can own in a great location? Please note: This property is being sold AS-IS. The seller will make no additional repairs or improvements. * * * Short Sale * * *

  15. 2026-02-27
    status Active 1072-char remark
    Show marketing remark (1072 chars)

    Don’t miss this incredible opportunity! With a little imagination and vision, this solid 3-bedroom, 1-bath brick home has the potential to truly shine. Located in a well-established neighborhood, the property boasts strong structural bones and a spacious 2.5-car detached garage — perfect for a workshop, man cave, or additional storage. The generously sized backyard offers endless possibilities for outdoor living, gardening, or entertaining. While the home could benefit from some updates, it presents a fantastic opportunity for first-time buyers looking to build equity or savvy investors seeking their next value-add project. For added peace of mind, a security system with cameras is already installed. Plus, the roof and garage come with a transferable warranty. Seller is not interested in Land Contracts, any type of Trust, wholesale, or seller finance terms. Why keep renting when you can own in a great location? Please note: This property is being sold AS-IS. The seller will make no additional repairs or improvements. * * * Short Sale * * *

  16. 2026-02-07
    status Pending 1061-char remark
    Show marketing remark (1072 chars)

    Don’t miss this incredible opportunity! With a little imagination and vision, this solid 3-bedroom, 1-bath brick home has the potential to truly shine. Located in a well-established neighborhood, the property boasts strong structural bones and a spacious 2.5-car detached garage — perfect for a workshop, man cave, or additional storage. The generously sized backyard offers endless possibilities for outdoor living, gardening, or entertaining. While the home could benefit from some updates, it presents a fantastic opportunity for first-time buyers looking to build equity or savvy investors seeking their next value-add project. For added peace of mind, a security system with cameras is already installed. Plus, the roof and garage come with a transferable warranty. Seller is not interested in Land Contracts, any type of Trust, wholesale, or seller finance terms. Why keep renting when you can own in a great location? Please note: This property is being sold AS-IS. The seller will make no additional repairs or improvements. * * * Short Sale * * *

  17. 2026-02-07
    status Pending 1072-char remark
    Show marketing remark (1072 chars)

    Don’t miss this incredible opportunity! With a little imagination and vision, this solid 3-bedroom, 1-bath brick home has the potential to truly shine. Located in a well-established neighborhood, the property boasts strong structural bones and a spacious 2.5-car detached garage — perfect for a workshop, man cave, or additional storage. The generously sized backyard offers endless possibilities for outdoor living, gardening, or entertaining. While the home could benefit from some updates, it presents a fantastic opportunity for first-time buyers looking to build equity or savvy investors seeking their next value-add project. For added peace of mind, a security system with cameras is already installed. Plus, the roof and garage come with a transferable warranty. Seller is not interested in Land Contracts, any type of Trust, wholesale, or seller finance terms. Why keep renting when you can own in a great location? Please note: This property is being sold AS-IS. The seller will make no additional repairs or improvements. * * * Short Sale * * *

  18. 2025-09-16
    listed $103,000 Active 1061-char remark
    Show marketing remark (1072 chars)

    Don’t miss this incredible opportunity! With a little imagination and vision, this solid 3-bedroom, 1-bath brick home has the potential to truly shine. Located in a well-established neighborhood, the property boasts strong structural bones and a spacious 2.5-car detached garage — perfect for a workshop, man cave, or additional storage. The generously sized backyard offers endless possibilities for outdoor living, gardening, or entertaining. While the home could benefit from some updates, it presents a fantastic opportunity for first-time buyers looking to build equity or savvy investors seeking their next value-add project. For added peace of mind, a security system with cameras is already installed. Plus, the roof and garage come with a transferable warranty. Seller is not interested in Land Contracts, any type of Trust, wholesale, or seller finance terms. Why keep renting when you can own in a great location? Please note: This property is being sold AS-IS. The seller will make no additional repairs or improvements. * * * Short Sale * * *

  19. 2025-09-16
    listed $103,000 Active 1072-char remark
    Show marketing remark (1072 chars)

    Don’t miss this incredible opportunity! With a little imagination and vision, this solid 3-bedroom, 1-bath brick home has the potential to truly shine. Located in a well-established neighborhood, the property boasts strong structural bones and a spacious 2.5-car detached garage — perfect for a workshop, man cave, or additional storage. The generously sized backyard offers endless possibilities for outdoor living, gardening, or entertaining. While the home could benefit from some updates, it presents a fantastic opportunity for first-time buyers looking to build equity or savvy investors seeking their next value-add project. For added peace of mind, a security system with cameras is already installed. Plus, the roof and garage come with a transferable warranty. Seller is not interested in Land Contracts, any type of Trust, wholesale, or seller finance terms. Why keep renting when you can own in a great location? Please note: This property is being sold AS-IS. The seller will make no additional repairs or improvements. * * * Short Sale * * *

  20. 2025-09-15
    historical $103,000 1061-char remark
    Show marketing remark (1061 chars)

    Don't miss this incredible opportunity! With a little imagination and vision, this solid 3-bedroom, 1-bath brick home has the potential to truly shine. Located in a well-established neighborhood, the property boasts strong structural bones and a spacious 2.5-car detached garage - perfect for a workshop, man cave, or additional storage. The generously sized backyard offers endless possibilities for outdoor living, gardening, or entertaining. While the home could benefit from some updates, it presents a fantastic opportunity for first-time buyers looking to build equity or savvy investors seeking their next value-add project. For added peace of mind, a security system with cameras is already installed. Plus, the roof and garage come with a transferable warranty. Seller is not interested in Land Contracts, any type of Trust, wholesale, or seller finance terms. Why keep renting when you can own in a great location? Please note: This property is being sold AS-IS. The seller will make no additional repairs or improvements. * * * Short Sale * * *

  21. 2025-08-12
    historical
  22. 2025-06-26
    listed $107,500 Active
  23. 2025-06-26
    listed $107,500 Active
  24. 2025-06-26
    historical
  25. 2025-06-26
    historical
  26. 2025-05-07
    price $119,000
  27. 2025-05-06
    price $119,000
  28. 2025-04-14
    listed $125,000 Active
  29. 2025-04-14
    listed $125,000 Active
  30. 2025-04-07
    historical
  31. 2008-03-04
    soldstatus $124,000
  32. 2007-12-18
    historical
  33. 2006-12-18
    listed $135,000
  34. 2006-12-18
    historical
  35. 2006-06-18
    listed $135,000
  36. 2004-12-20
    historical
  37. 2004-12-20
    historical
  38. 2004-09-28
    listed $135,000
  39. 2004-09-28
    listed $135,000

ⓘ 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
$1,189 · $99/mo
Projected year-2 tax
$1,388 · $116/mo
Expected delta
+$199/yr (+$17/mo · 16.7%)

ⓘ 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$15,972
− Mortgage interest
−$5,770
− Property taxes
−$1,189
− Insurance
−$515
− Repairs & maintenance
−$1,278
− Management
−$1,278
− Depreciation
−$2,996
Taxable income
$2,947
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$707
After-tax cash flow
$3,725/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)
40,302
Household income
$36,527
Rent vs Own
40.9% rent · 59.1% own
Severe rent burden
2371.0

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 (95%)
Race & ethnicity
Black 95% Two or more races 3% White 1%
Foreign-born
1%
Languages at home
98% English-only · Spanish 1% French/Haitian/Cajun 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
▼ -125.00%
Current HPI
186.4158
Rent YoY
▲ 5.59%
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

-23.7% since first listed
26 events — show timeline
  • 2026-02-27 Relisted MiRealSource-MiMLS
  • 2026-02-27 Relisted REALCOMP
  • 2026-02-07 Pending MiRealSource-MiMLS
  • 2026-02-07 Pending REALCOMP
  • 2025-09-16 Listed $103,000 MiRealSource-MiMLS
  • 2025-09-16 Listed $103,000 REALCOMP
  • 2025-09-15 Coming Soon $103,000 MiRealSource-MiMLS
  • 2025-08-12 Listing Removed MiRealSource-MiMLS
  • 2025-06-26 Listed $107,500 REALCOMP
  • 2025-06-26 Listing Removed REALCOMP
  • 2025-06-26 Listing Removed MiRealSource-MiMLS
  • 2025-06-26 Listed $107,500 MiRealSource-MiMLS
  • 2025-05-07 Price Changed $119,000 MiRealSource-MiMLS
  • 2025-05-06 Price Changed $119,000 REALCOMP
  • 2025-04-14 Listed $125,000 MiRealSource-MiMLS
  • 2025-04-14 Listed $125,000 REALCOMP
  • 2025-04-07 Coming Soon MiRealSource-MiMLS
  • 2008-03-04 Sold (Public Records) $124,000 Public Records
  • 2007-12-18 Listing Removed REALCOMP
  • 2006-12-18 Listing Removed REALCOMP
  • 2006-12-18 Listed $135,000 REALCOMP
  • 2006-06-18 Listed $135,000 REALCOMP
  • 2004-12-20 Listing Removed REALCOMP
  • 2004-12-20 Listing Removed MiRealSource-MiMLS
  • 2004-09-28 Listed $135,000 REALCOMP
  • 2004-09-28 Listed $135,000 MiRealSource-MiMLS

Property tax history

-2.2%/yr

Latest (2025): $1,189 · -39.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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