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9228 Steel St
B- Composite 66.6
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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.2/15.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Rent growth +1.9/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$59,999

9228 Steel St · Detroit, MI 48228
3 bd · 1.0 ba · 962 sqft · SingleFamily public records · 67 Days on market
Built 1950 4,356 sqft lot $62/sqft · at area comps Est $60k · at est.

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

Listing remarks MLS

Welcome to your potential new home, ideally situated near Tireman and Joy Rd, just minutes from the heart of East Dearborn. This inviting property is perfectly positioned in a convenient and well-connected neighborhood, offering easy access to shopping, dining, schools, and major roadways. This charming starter home provides a comfortable layout with plenty of natural light and a warm, welcoming feel throughout. It offers the perfect balance of move-in readiness and opportunity, making it ideal for both first-time buyers and investors alike. With solid bones and great potential, this home serves as a blank canvas for your personal vision. Whether you're looking to modernize finishes, update fixtures, or fully customize the space to match your style, the possibilities here are endless. Every room presents an opportunity to add value and create something truly your own. The property also offers a practical layout that supports everyday living, with functional living spaces and room to grow. Its location and potential make it a smart investment in a steadily developing area. Don't miss the chance to turn this house into your next home or investment opportunity. Showings available with a minimum of 24 hours' notice.

Key facts

  • Practical layout
  • 4,356 sq ft lot
  • Built 1950

Tags

WELL-CONNECTED NEIGHBORHOODEASY ACCESS TO SHOPPINGEASY ACCESS TO DININGEASY ACCESS TO SCHOOLSEASY ACCESS TO MAJOR ROADWAYSPRACTICAL LAYOUT

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 $60k.

Deal economics

  • At list price, monthly cash flow is $403 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $60k).
  • Recommended offer: $56k (6.0% below list) — sets the bar for market timing.
  • Cap rate 14.4% 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 soft (-2.3%/yr); 363 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 64% 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).
  • At $1,200/mo this rent would consume 47% of the median local household income ($31k/yr) (locally 4144% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $415 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 + 0.0% rent growth), your $17k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 67 days — a 6% lower offer ($56k) is reasonable based on typical stale-listing flexibility.
  • 19 sale attempts since 15y ago; this cycle's ask is 6567% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

  • Watch-outs: property tax is 4.1% of price; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $56,399 (6.0% below list)

Questions for the listing agent

  1. It's been on market 67 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
2.00%
Cap rate
14.35%
Cash-on-cash
28.78%
DSCR
2.28
GRM
4.2

CMA / ARV

ARV (median comp)
$59,628
List price
$59,999
Delta
0.62%
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
9366 Steel St 0.13mi 3/1.0 900 (-6%) 10mo $59,000 $66 75
9222 Hartwell St 0.32mi 3/1.0 1,000 (+4%) 5mo $70,000 $70 74
8938 Hartwell St 0.35mi 3/1.5 1,042 (+8%) 7mo $100,000 $96 62
9265 Birwood St 0.35mi 3/1.0 908 (-6%) 15mo $57,000 $63 62
9614 Schaefer Hwy 0.50mi 3/1.0 909 (-6%) 10mo $60,000 $66 60
11337 Steel St 0.60mi 3/1.0 880 (-8%) 1mo $35,000 $40 57
11437 Manor St 0.72mi 3/1.0 1,006 (+5%) 5mo $53,900 $54 55
9330 Hartwell St 0.33mi 3/1.0 1,089 (+13%) 11mo $62,500 $57 53
11318 Littlefield St 0.63mi 2/1.0 (-1) 877 (-9%) 5mo $57,500 $66 47
10300 Orangelawn St 0.61mi 3/1.0 1,092 (+14%) 4mo $52,000 $48 46
8234 Meyers Rd 0.59mi 3/1.5 1,087 (+13%) 8mo $78,000 $72 42
9945 Hartwell St 0.55mi 3/2.0 1,092 (+14%) 14mo $104,500 $96 36

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
19.2%
Equity multiple
1.75×
Total profit
$12,520
Equity at exit
$8,946
10-year hold
IRR
25.0%
Equity multiple
2.83×
Total profit
$30,754
Equity at exit
$5,188

Cash invested: $16,800 (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 48228

Rents YoY
-2.3%
Active inventory
363
Price-to-rent
4.2×

Monthly cashflow live

Estimated rent
$1,200 high interval (Pro) →
Mortgage (P&I)
$315
Tax from tax record
$205 /mo · $2,463/yr
Insurance
$25
HOA
$0
Vacancy / Maint / Mgmt
$252
Net cashflow
$403

Break-even live

Break-even rent $690
Max offer price $59,999
Occupancy floor 61%

Sensitivity live

Price -10% $437 -5% $420 +0% $403 +5% $386 +10% $369
Rent -10% $308 -5% $355 +0% $403 +5% $450 +10% $498
Rate -1.0pp $433 -0.5pp $418 base $403 +0.5pp $387 +1.0pp $372

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
$15,000
Closing costs
$1,800
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 28 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
9558 Meyers Rd Detroit, MI 3.0 1.0 950 $1,150 $1.21 44d 1 0.30mi
9340 Hartwell St Detroit, MI 3.0 1.0 1000 $1,364 $1.36 44d 1 0.33mi
10303 Morley St #1 Detroit, MI 2.0 1.0 950 $950 $1.00 44d 1 0.49mi
10345 Crocuslawn Ave Unit 2 Detroit, MI 2.0 1.0 850 $950 $1.12 44d 1 0.52mi
10002 Manor Unit 1 Detroit, MI 2.0 1.0 1000 $1,050 $1.05 44d 1 0.54mi
10002 Manor Unit 2 Detroit, MI 3.0 1.0 1100 $1,150 $1.05 44d 1 0.54mi
8283 Pinehurst St Unit 2 Detroit, MI 2.0 1.0 1000 $900 $0.90 44d 1 0.59mi
9353 Kentucky St Detroit, MI 2.0 1.0 800 $999 $1.25 18d 1 0.67mi
13717 Keal St Detroit, MI 2.0 1.0 799 $1,000 $1.25 44d 1 0.67mi
12775 Plymouth Rd Unit 16 Detroit, MI 2.0 1.0 1009 $825 $0.82 44d 1 0.69mi
9022 Northlawn St Detroit, MI 2.0 1.0 1100 $1,300 $1.18 25d 1 0.94mi
9590 Marlowe St Detroit, MI 2.0 1.0 877 $1,430 $1.63 44d 1 0.98mi
14740 W Chicago Unit B Detroit, MI 2.0 1.0 900 $845 $0.94 44d 1 1.01mi
8544 Cloverlawn St Detroit, MI 2.0 1.0 800 $800 $1.00 18d 1 1.06mi
8114 Marlowe St Unit home Detroit, MI 3.0 1.0 985 $1,350 $1.37 44d 1 1.16mi
8212 Lauder St Detroit, MI 3.0 1.0 1026 $1,150 $1.12 44d 1 1.17mi
9386 Coyle St Detroit, MI 3.0 1.0 1000 $1,300 $1.30 2d 1 1.17mi
12468 Mendota St Detroit, MI 2.0 1.0 1100 $1,000 $0.91 25d 1 1.22mi
12468 Mendota St Detroit, MI 2.0 1.0 1100 $1,100 $1.00 44d 1 1.22mi
10015 Robson St Detroit, MI 3.0 2.0 1000 $1,400 $1.40 18d 1 1.23mi
9546 Sussex St Detroit, MI 3.0 1.0 1000 $1,400 $1.40 44d 1 1.24mi
8353 Alpine St Detroit, MI 2.0 1.0 1000 $1,050 $1.05 44d 1 1.24mi
9917 Sussex St Detroit, MI 2.0 1.0 800 $1,375 $1.72 44d 1 1.30mi
8604 Whitcomb St Detroit, MI 3.0 2.0 1033 $1,300 $1.26 44d 1 1.32mi
12039 Lauder St Detroit, MI 3.0 1.5 1000 $1,500 $1.50 25d 1 1.35mi
11634 Sussex St Detroit, MI 3.0 1.0 1091 $1,326 $1.22 25d 1 1.42mi
11397 Whitcomb St Detroit, MI 3.0 1.0 1070 $1,400 $1.31 17d 1 1.44mi
11393 Prest St Detroit, MI 3.0 1.0 900 $1,550 $1.72 17d 1 1.49mi

Listing history 50 events

  1. 2026-06-17
    statusdays on market $59,999 Pending 67 DOM
  2. 2026-06-15
    days on market $59,999 Active Under Contract 66 DOM
  3. 2026-06-13
    days on market $59,999 Active Under Contract 64 DOM
  4. 2026-06-13
    days on market $59,999 Active Under Contract 63 DOM
  5. 2026-06-09
    days on market $59,999 Active Under Contract 60 DOM
  6. 2026-06-08
    days on market $59,999 Active Under Contract 59 DOM
  7. 2026-06-07
    days on market $59,999 Active Under Contract 58 DOM
  8. 2026-06-04
    days on market $59,999 Active Under Contract 55 DOM
  9. 2026-06-03
    days on market $59,999 Active Under Contract 54 DOM
  10. 2026-06-02
    days on market $59,999 Active Under Contract 53 DOM
  11. 2026-06-01
    days on market $59,999 Active Under Contract 52 DOM
  12. 2026-05-31
    days on market $59,999 Active Under Contract 51 DOM
  13. 2026-05-04
    historical Accepting Backup Offers 1231-char remark
    Show marketing remark (1249 chars)

    Welcome to your potential new home, ideally situated near Tireman and Joy Rd, just minutes from the heart of East Dearborn. This inviting property is perfectly positioned in a convenient and well-connected neighborhood, offering easy access to shopping, dining, schools, and major roadways. This charming starter home provides a comfortable layout with plenty of natural light and a warm, welcoming feel throughout. It offers the perfect balance of move-in readiness and opportunity, making it ideal for both first-time buyers and investors alike. With solid bones and great potential, this home serves as a blank canvas for your personal vision. Whether you’re looking to modernize finishes, update fixtures, or fully customize the space to match your style, the possibilities here are endless. Every room presents an opportunity to add value and create something truly your own. The property also offers a practical layout that supports everyday living, with functional living spaces and room to grow. Its location and potential make it a smart investment in a steadily developing area. Don’t miss the chance to turn this house into your next home or investment opportunity. Showings available with a minimum of 24 hours’ notice.

  14. 2026-05-04
    historical Active Under Contract 1249-char remark
    Show marketing remark (1249 chars)

    Welcome to your potential new home, ideally situated near Tireman and Joy Rd, just minutes from the heart of East Dearborn. This inviting property is perfectly positioned in a convenient and well-connected neighborhood, offering easy access to shopping, dining, schools, and major roadways. This charming starter home provides a comfortable layout with plenty of natural light and a warm, welcoming feel throughout. It offers the perfect balance of move-in readiness and opportunity, making it ideal for both first-time buyers and investors alike. With solid bones and great potential, this home serves as a blank canvas for your personal vision. Whether you’re looking to modernize finishes, update fixtures, or fully customize the space to match your style, the possibilities here are endless. Every room presents an opportunity to add value and create something truly your own. The property also offers a practical layout that supports everyday living, with functional living spaces and room to grow. Its location and potential make it a smart investment in a steadily developing area. Don’t miss the chance to turn this house into your next home or investment opportunity. Showings available with a minimum of 24 hours’ notice.

  15. 2026-04-25
    historical $900
  16. 2026-04-11
    listed $900
    Show marketing remark (1249 chars)

    Welcome to your potential new home, ideally situated near Tireman and Joy Rd, just minutes from the heart of East Dearborn. This inviting property is perfectly positioned in a convenient and well-connected neighborhood, offering easy access to shopping, dining, schools, and major roadways. This charming starter home provides a comfortable layout with plenty of natural light and a warm, welcoming feel throughout. It offers the perfect balance of move-in readiness and opportunity, making it ideal for both first-time buyers and investors alike. With solid bones and great potential, this home serves as a blank canvas for your personal vision. Whether you’re looking to modernize finishes, update fixtures, or fully customize the space to match your style, the possibilities here are endless. Every room presents an opportunity to add value and create something truly your own. The property also offers a practical layout that supports everyday living, with functional living spaces and room to grow. Its location and potential make it a smart investment in a steadily developing area. Don’t miss the chance to turn this house into your next home or investment opportunity. Showings available with a minimum of 24 hours’ notice.

  17. 2026-04-11
    listed $59,999 Active 1249-char remark
    Show marketing remark (1249 chars)

    Welcome to your potential new home, ideally situated near Tireman and Joy Rd, just minutes from the heart of East Dearborn. This inviting property is perfectly positioned in a convenient and well-connected neighborhood, offering easy access to shopping, dining, schools, and major roadways. This charming starter home provides a comfortable layout with plenty of natural light and a warm, welcoming feel throughout. It offers the perfect balance of move-in readiness and opportunity, making it ideal for both first-time buyers and investors alike. With solid bones and great potential, this home serves as a blank canvas for your personal vision. Whether you’re looking to modernize finishes, update fixtures, or fully customize the space to match your style, the possibilities here are endless. Every room presents an opportunity to add value and create something truly your own. The property also offers a practical layout that supports everyday living, with functional living spaces and room to grow. Its location and potential make it a smart investment in a steadily developing area. Don’t miss the chance to turn this house into your next home or investment opportunity. Showings available with a minimum of 24 hours’ notice.

  18. 2026-04-10
    listed $59,999 Active 1231-char remark
    Show marketing remark (1231 chars)

    Welcome to your potential new home, ideally situated near Tireman and Joy Rd, just minutes from the heart of East Dearborn. This inviting property is perfectly positioned in a convenient and well-connected neighborhood, offering easy access to shopping, dining, schools, and major roadways. This charming starter home provides a comfortable layout with plenty of natural light and a warm, welcoming feel throughout. It offers the perfect balance of move-in readiness and opportunity, making it ideal for both first-time buyers and investors alike. With solid bones and great potential, this home serves as a blank canvas for your personal vision. Whether you're looking to modernize finishes, update fixtures, or fully customize the space to match your style, the possibilities here are endless. Every room presents an opportunity to add value and create something truly your own. The property also offers a practical layout that supports everyday living, with functional living spaces and room to grow. Its location and potential make it a smart investment in a steadily developing area. Don't miss the chance to turn this house into your next home or investment opportunity. Showings available with a minimum of 24 hours' notice.

  19. 2025-12-11
    historical $1,200
  20. 2025-11-06
    listed $1,200
  21. 2024-11-13
    historical
  22. 2024-11-13
    historical
  23. 2024-05-31
    listed $87,999 Active
  24. 2024-05-31
    listed $87,999 Active
  25. 2024-05-29
    historical
  26. 2024-05-29
    historical
  27. 2024-01-23
    historical
  28. 2024-01-23
    historical
  29. 2023-12-26
    price $78,000
  30. 2023-12-26
    price $78,000
  31. 2023-10-16
    listed $85,000 Active
  32. 2023-10-16
    listed $85,000 Active
  33. 2023-10-13
    historical $1,250
  34. 2023-10-13
    historical
  35. 2023-10-13
    historical
  36. 2023-07-24
    soldstatus $70,000
  37. 2023-07-11
    listed $1,250
  38. 2023-06-29
    soldstatus $70,000 Sold
  39. 2023-06-29
    soldstatus $70,000 Closed
  40. 2023-06-22
    status Pending
  41. 2023-06-22
    status Pending
  42. 2023-06-10
    price $74,900
  43. 2023-06-10
    price $74,900
  44. 2023-06-01
    status Active
  45. 2023-06-01
    status Active
  46. 2023-05-08
    historical Accepting Backup Offers
  47. 2023-05-07
    historical Accepting Backup Offers
  48. 2023-04-27
    listed $99,900 Active
  49. 2023-04-27
    listed $99,900 Active
  50. 2023-04-26
    historical $99,900

ⓘ 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
$2,463 · $205/mo
Projected year-2 tax
$2,463 · $205/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 ≥97°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
$14,396
− Mortgage interest
−$3,361
− Property taxes
−$2,463
− Insurance
−$300
− Repairs & maintenance
−$1,152
− Management
−$1,152
− Depreciation
−$1,745
Taxable income
$4,224
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,014
After-tax cash flow
$3,821/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)
50,117
Household income
$30,680
Rent vs Own
50.7% rent · 49.3% own
Severe rent burden
4144.0

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 (71%)
Race & ethnicity
Black 71% White 16% Two or more races 7% Hispanic / Latino 6%
Hispanic origin (detail)
Mexican 3% Puerto Rican 2%
Common ancestry
Arab 2% Romanian 2% Lithuanian 1%
Foreign-born
11% · Canada
Languages at home
82% English-only · Arabic 11% Spanish 5%

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
▼ -160.81%
Current HPI
168.6843
Rent YoY
▼ -2.30%
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

+823.1% since first listed
55 events — show timeline
  • 2026-05-04 Contingent MiRealSource-MiMLS
  • 2026-05-04 Contingent REALCOMP
  • 2026-04-25 Rental Removed $900 REALSOURCE
  • 2026-04-11 Listed for Rent $900 REALSOURCE
  • 2026-04-11 Listed $59,999 REALCOMP
  • 2026-04-10 Listed $59,999 MiRealSource-MiMLS
  • 2025-12-11 Rental Removed $1,200 REALCOMP
  • 2025-11-06 Listed for Rent $1,200 REALCOMP
  • 2024-11-13 Listing Removed REALCOMP
  • 2024-11-13 Listing Removed MiRealSource-MiMLS
  • 2024-05-31 Listed $87,999 MiRealSource-MiMLS
  • 2024-05-31 Listed $87,999 REALCOMP
  • 2024-05-29 Coming Soon MiRealSource-MiMLS
  • 2024-05-29 Coming Soon REALCOMP
  • 2024-01-23 Listing Removed MiRealSource-MiMLS
  • 2024-01-23 Listing Removed REALCOMP
  • 2023-12-26 Price Changed $78,000 MiRealSource-MiMLS
  • 2023-12-26 Price Changed $78,000 REALCOMP
  • 2023-10-16 Listed $85,000 MiRealSource-MiMLS
  • 2023-10-16 Listed $85,000 REALCOMP
  • 2023-10-13 Rental Removed $1,250 REALCOMP
  • 2023-10-13 Coming Soon MiRealSource-MiMLS
  • 2023-10-13 Coming Soon REALCOMP
  • 2023-07-24 Sold (Public Records) $70,000 Public Records
  • 2023-07-11 Listed for Rent $1,250 REALCOMP
  • 2023-06-29 Sold (MLS) $70,000 MiRealSource-MiMLS
  • 2023-06-29 Sold (MLS) $70,000 REALCOMP
  • 2023-06-22 Pending MiRealSource-MiMLS
  • 2023-06-22 Pending REALCOMP
  • 2023-06-10 Price Changed $74,900 MiRealSource-MiMLS
  • 2023-06-10 Price Changed $74,900 REALCOMP
  • 2023-06-01 Relisted MiRealSource-MiMLS
  • 2023-06-01 Relisted REALCOMP
  • 2023-05-08 Contingent MiRealSource-MiMLS
  • 2023-05-07 Contingent REALCOMP
  • 2023-04-27 Listed $99,900 MiRealSource-MiMLS
  • 2023-04-27 Listed $99,900 REALCOMP
  • 2023-04-26 Coming Soon $99,900 REALCOMP
  • 2023-04-26 Coming Soon $99,900 MiRealSource-MiMLS
  • 2019-11-01 Listing Removed MiRealSource-MiMLS
  • 2019-11-01 Listing Removed REALCOMP
  • 2019-05-16 Listed $52,000 MiRealSource-MiMLS
  • 2019-05-16 Listed $52,000 REALCOMP
  • 2016-11-09 Sold (MLS) $25,000 MiRealSource-MiMLS
  • 2016-11-09 Sold (MLS) $25,000 REALCOMP
  • 2016-10-18 Pending MiRealSource-MiMLS
  • 2016-10-18 Pending REALCOMP
  • 2016-04-16 Listed $29,990 MiRealSource-MiMLS
  • 2016-03-25 Price Changed $29,990 REALCOMP
  • 2015-12-18 Listed $23,500 REALCOMP
  • 2012-03-16 Listing Removed MiRealSource-MiMLS
  • 2012-03-05 Sold (MLS) $5,500 REALCOMP
  • 2012-01-19 Listing Removed REALCOMP
  • 2011-12-15 Listed $5,900 REALCOMP
  • 2011-12-15 Listed $6,500 MiRealSource-MiMLS

Property tax history

+7.7%/yr

Latest (2025): $2,463 · -10.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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