12316 Northlawn St · Detroit, MI 48204

$68,900

3 bd · 1.0 ba · 1,366 sqft · SingleFamily public records · 104 Days on market

Built 1920 3,485 sqft lot $50/sqft · 26% above area Est $55k · 26% over

---

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
• Appreciation +10.0/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

TENANT OCCUPIED BRICK RANCH HOME LOCATED SOUTH OF FULLERTON AVENUE AND EAST OF WYOMING AVENUE. THIS HOME FEATURES A COVERED FRONT PORCH, INVITING LIVING ROOM, FORMAL DINING ROOM, SPACIOUS KITCHEN WITH BREAKFAST NOOK, THREE GOOD SIZED BEDROOMS, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS CURRENTLY 950 PER MONTH, AND THEY WISH TO STAY IN THE HOME. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

Key facts

• Covered front porch
• Breakfast nook
• Formal dining room

Tags

• BRICK RANCH HOME
• COVERED FRONT PORCH
• INVITING LIVING ROOM
• FORMAL DINING ROOM
• SPACIOUS KITCHEN
• BREAKFAST NOOK

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $69k.

Deal economics

• At list price, monthly cash flow is $500 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $69k).
• Recommended offer: $63k (9.0% below list) — sets the bar for market timing.
• Cap rate 15.0% 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: 244 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 45% 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 42% of the median local income ($34k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $7k of equity ($476 loan paydown + $7k appreciation (10.0% local appreciation)).
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $19k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 104 days — a 9% lower offer ($63k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 3y ago; this cycle's ask has dropped $7k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $62,699 (9.0% below list)

Questions for the listing agent

1. It's been on market 104 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — 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: 1.77% ✓
• Cap rate: 15.00%
• Cash-on-cash: 31.11%
• DSCR: 2.38
• GRM: 4.7

CMA / ARV

• ARV (median comp): $54,808
• List price: $68,900
• Delta: 25.71%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
12351 Cherrylawn St	0.09mi	3/1.0	1,418 (+4%)	8mo	$109,500	$77	83
12303 Cloverlawn St	0.03mi	3/1.5	1,454 (+6%)	4mo	$58,500	$40	83
12162 Kentucky St	0.26mi	3/1.0	1,415 (+4%)	4mo	$42,000	$30	78
11931 Wisconsin St	0.22mi	3/3.0	1,407 (+3%)	5mo	$135,900	$97	73
12629 Washburn St	0.41mi	3/1.0	1,392 (+2%)	7mo	$75,000	$54	72
13586 Indiana St	0.60mi	3/1.0	1,298 (-5%)	2mo	$30,000	$23	63
13546 Ilene St	0.66mi	3/1.0	1,440 (+5%)	6mo	$32,000	$22	55
13955 Ohio St	0.71mi	3/1.0	1,448 (+6%)	5mo	$37,000	$26	53
13903 Cloverlawn Ave	0.65mi	3/1.5	1,265 (-7%)	5mo	$140,000	$111	52
12754 Mendota St	0.63mi	3/1.0	1,224 (-10%)	8mo	$28,500	$23	47
13587 Monica St	0.75mi	3/1.0	1,484 (+9%)	5mo	$130,000	$88	46
13581 Cloverlawn St	0.56mi	4/2.0 (+1)	1,240 (-9%)	4mo	$143,000	$115	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 48.0%
• Equity multiple: 4.60×
• Total profit: $69,389
• Equity at exit: $62,071

10-year hold

• IRR: 41.8%
• Equity multiple: 10.29×
• Total profit: $179,310
• Equity at exit: $133,858

Cash invested: $19,292 (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 48204

• Home prices YoY: 18.5%
• Active inventory: 244
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $1,220 high
• Mortgage (P&I): −$361
• Tax from tax record: −$74 /mo · $883/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$256
• Net cashflow: $500

Break-even live

Break-even rent $587

Max offer price $68,900

Occupancy floor 54%

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: $17,225
• Closing costs: $2,067
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12303 Cloverlawn St Detroit, MI	3.0	1.5	1454	$1,400	$0.96	43d	1	0.02mi
12703 Northlawn St Detroit, MI	2.0	1.0	1365	$1,053	$0.77	20d	1	0.24mi
12144 Washburn St Detroit, MI	3.0	1.0	1200	$1,200	$1.00	15d	1	0.39mi
12415 Monica St Detroit, MI	2.0	1.0	1000	$1,200	$1.20	43d	1	0.49mi
12650 Griggs St Detroit, MI	3.0	2.0	1628	$1,375	$0.84	24d	1	0.53mi
12123 Santa Rosa Dr Detroit, MI	2.0	1.0	1680	$1,000	$0.60	24d	1	0.54mi
12032 Santa Rosa Dr Unit 1 Detroit, MI	3.0	1.0	900	$1,423	$1.58	5d	1	0.59mi
12468 Mendota St Detroit, MI	2.0	1.0	1100	$1,100	$1.00	43d	1	0.61mi
12468 Mendota St Detroit, MI	2.0	1.0	1100	$1,000	$0.91	24d	1	0.61mi
12019 Stoepel St Detroit, MI	2.0	1.0	1000	$943	$0.94	5d	1	0.62mi
12663 Stoepel St Detroit, MI	2.0	1.0	1100	$1,050	$0.95	21d	1	0.62mi
13620 Kentucky St Detroit, MI	3.0	1.0	1248	$1,200	$0.96	5d	1	0.68mi
13620 Tuller St Detroit, MI	4.0	1.0	1064	$1,374	$1.29	12d	1	0.69mi
13910 Kentucky St Detroit, MI	2.0	1.0	1680	$1,000	$0.60	43d	1	0.74mi
13979 Cherrylawn St Detroit, MI	3.0	1.0	1296	$1,334	$1.03	20d	1	0.75mi
14011 Roselawn St Detroit, MI	4.0	1.5	1300	$1,450	$1.12	17d	1	0.78mi
14011 Roselawn St Detroit, MI	4.0	1.5	1300	$1,450	$1.12	1d	1	0.78mi
4341 Glendale St Detroit, MI	4.0	2.5	1832	$1,680	$0.92	5d	1	0.90mi
4336 Buena Vista St Detroit, MI	3.0	1.0	1300	$1,100	$0.85	43d	1	0.90mi
14242 Ohio St Detroit, MI	4.0	1.0	1400	$1,000	$0.71	43d	1	0.94mi
10002 Manor Unit 1 Detroit, MI	2.0	1.0	1000	$1,050	$1.05	43d	1	0.96mi
10002 Manor Unit 2 Detroit, MI	3.0	1.0	1100	$1,150	$1.05	43d	1	0.96mi
12775 Plymouth Rd Unit 16 Detroit, MI	2.0	1.0	1009	$825	$0.82	43d	1	0.96mi
13965 Mendota St Detroit, MI	3.0	1.0	1222	$1,294	$1.06	17d	1	0.96mi
10359 Violetlawn St Unit 1 Detroit, MI	2.0	1.0	1200	$985	$0.82	43d	1	0.98mi
10303 Morley St #1 Detroit, MI	2.0	1.0	950	$950	$1.00	43d	1	0.99mi
4287 W Grand St Unit 4289 Detroit, MI	3.0	1.0	1250	$1,000	$0.80	43d	1	0.99mi
4268 Cortland St Unit 1 Detroit, MI	2.0	1.0	1000	$1,050	$1.05	43d	1	1.01mi
11704 Broadstreet Ave Detroit, MI	3.0	1.0	1200	$1,050	$0.88	43d	1	1.02mi
4203 Tyler St Detroit, MI	2.0	1.0	950	$895	$0.94	43d	1	1.04mi
9789 Chenlot St Unit 1 Detroit, MI	2.0	1.0	1000	$1,000	$1.00	5d	1	1.09mi
Ohio St Unit 4 Detroit, MI	4.0	1.5	1400	$750	$0.54	43d	1	1.14mi
9558 Meyers Rd Detroit, MI	3.0	1.0	950	$1,150	$1.21	43d	1	1.15mi
3824 Tyler St Apt 1 Detroit, MI	3.0	1.0	900	$1,523	$1.69	16d	1	1.18mi
14550 Northlawn St Detroit, MI	3.0	2.0	950	$1,200	$1.26	16d	1	1.18mi
3783 Tyler St Unit Lower Detroit, MI	3.0	1.0	1000	$1,150	$1.15	43d	1	1.21mi
9022 Northlawn St Detroit, MI	2.0	1.0	1100	$1,300	$1.18	24d	1	1.23mi
3812 W Grand St Detroit, MI	2.0	1.0	1100	$1,025	$0.93	16d	1	1.23mi
3740 Tyler St Unit 1 Detroit, MI	3.0	1.0	1300	$1,300	$1.00	5d	1	1.25mi
14656 Roselawn St Detroit, MI	3.0	1.0	1000	$1,200	$1.20	17d	1	1.28mi

Listing history 42 events

1. 2026-06-18
   days on market $68,900 Active 104 DOM
2. 2026-06-17
   days on market $68,900 Active 103 DOM
3. 2026-06-15
   days on market $68,900 Active 101 DOM
4. 2026-06-13
   days on market $68,900 Active 99 DOM
5. 2026-06-13
   pricedays on market $68,900 Active 98 DOM
6. 2026-06-09
   days on market $69,900 Active 95 DOM
7. 2026-06-08
   days on market $69,900 Active 94 DOM
8. 2026-06-07
   days on market $69,900 Active 93 DOM
9. 2026-06-04
   days on market $69,900 Active 90 DOM
10. 2026-06-03
    days on market $69,900 Active 89 DOM
11. 2026-06-01
    days on market $69,900 Active 87 DOM
12. 2026-05-31
    days on market $69,900 Active 86 DOM
13. 2026-05-13
    price $70,900 548-char remark

    Show marketing remark (548 chars)

    TENANT OCCUPIED BRICK RANCH HOME LOCATED SOUTH OF FULLERTON AVENUE AND EAST OF WYOMING AVENUE. THIS HOME FEATURES A COVERED FRONT PORCH, INVITING LIVING ROOM, FORMAL DINING ROOM, SPACIOUS KITCHEN WITH BREAKFAST NOOK, THREE GOOD SIZED BEDROOMS, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS CURRENTLY 950 PER MONTH, AND THEY WISH TO STAY IN THE HOME. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

14. 2026-05-12
    price $70,900 548-char remark

    Show marketing remark (548 chars)

    TENANT OCCUPIED BRICK RANCH HOME LOCATED SOUTH OF FULLERTON AVENUE AND EAST OF WYOMING AVENUE. THIS HOME FEATURES A COVERED FRONT PORCH, INVITING LIVING ROOM, FORMAL DINING ROOM, SPACIOUS KITCHEN WITH BREAKFAST NOOK, THREE GOOD SIZED BEDROOMS, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS CURRENTLY 950 PER MONTH, AND THEY WISH TO STAY IN THE HOME. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

15. 2026-04-23
    price $71,900 548-char remark

    Show marketing remark (548 chars)

    TENANT OCCUPIED BRICK RANCH HOME LOCATED SOUTH OF FULLERTON AVENUE AND EAST OF WYOMING AVENUE. THIS HOME FEATURES A COVERED FRONT PORCH, INVITING LIVING ROOM, FORMAL DINING ROOM, SPACIOUS KITCHEN WITH BREAKFAST NOOK, THREE GOOD SIZED BEDROOMS, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS CURRENTLY 950 PER MONTH, AND THEY WISH TO STAY IN THE HOME. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

16. 2026-04-23
    price $71,900 548-char remark

    Show marketing remark (548 chars)

    TENANT OCCUPIED BRICK RANCH HOME LOCATED SOUTH OF FULLERTON AVENUE AND EAST OF WYOMING AVENUE. THIS HOME FEATURES A COVERED FRONT PORCH, INVITING LIVING ROOM, FORMAL DINING ROOM, SPACIOUS KITCHEN WITH BREAKFAST NOOK, THREE GOOD SIZED BEDROOMS, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS CURRENTLY 950 PER MONTH, AND THEY WISH TO STAY IN THE HOME. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

17. 2026-03-24
    price $72,900 548-char remark

    Show marketing remark (548 chars)

    TENANT OCCUPIED BRICK RANCH HOME LOCATED SOUTH OF FULLERTON AVENUE AND EAST OF WYOMING AVENUE. THIS HOME FEATURES A COVERED FRONT PORCH, INVITING LIVING ROOM, FORMAL DINING ROOM, SPACIOUS KITCHEN WITH BREAKFAST NOOK, THREE GOOD SIZED BEDROOMS, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS CURRENTLY 950 PER MONTH, AND THEY WISH TO STAY IN THE HOME. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

18. 2026-03-23
    price $72,900 548-char remark

    Show marketing remark (548 chars)

    TENANT OCCUPIED BRICK RANCH HOME LOCATED SOUTH OF FULLERTON AVENUE AND EAST OF WYOMING AVENUE. THIS HOME FEATURES A COVERED FRONT PORCH, INVITING LIVING ROOM, FORMAL DINING ROOM, SPACIOUS KITCHEN WITH BREAKFAST NOOK, THREE GOOD SIZED BEDROOMS, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS CURRENTLY 950 PER MONTH, AND THEY WISH TO STAY IN THE HOME. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

19. 2026-03-16
    status Active 548-char remark

    Show marketing remark (548 chars)

    TENANT OCCUPIED BRICK RANCH HOME LOCATED SOUTH OF FULLERTON AVENUE AND EAST OF WYOMING AVENUE. THIS HOME FEATURES A COVERED FRONT PORCH, INVITING LIVING ROOM, FORMAL DINING ROOM, SPACIOUS KITCHEN WITH BREAKFAST NOOK, THREE GOOD SIZED BEDROOMS, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS CURRENTLY 950 PER MONTH, AND THEY WISH TO STAY IN THE HOME. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

20. 2026-03-16
    status Pending 548-char remark

    Show marketing remark (548 chars)

    TENANT OCCUPIED BRICK RANCH HOME LOCATED SOUTH OF FULLERTON AVENUE AND EAST OF WYOMING AVENUE. THIS HOME FEATURES A COVERED FRONT PORCH, INVITING LIVING ROOM, FORMAL DINING ROOM, SPACIOUS KITCHEN WITH BREAKFAST NOOK, THREE GOOD SIZED BEDROOMS, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS CURRENTLY 950 PER MONTH, AND THEY WISH TO STAY IN THE HOME. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

21. 2026-03-06
    listed $75,900 Active 548-char remark

    Show marketing remark (548 chars)

    TENANT OCCUPIED BRICK RANCH HOME LOCATED SOUTH OF FULLERTON AVENUE AND EAST OF WYOMING AVENUE. THIS HOME FEATURES A COVERED FRONT PORCH, INVITING LIVING ROOM, FORMAL DINING ROOM, SPACIOUS KITCHEN WITH BREAKFAST NOOK, THREE GOOD SIZED BEDROOMS, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS CURRENTLY 950 PER MONTH, AND THEY WISH TO STAY IN THE HOME. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

22. 2026-03-06
    listed $75,900 Active 548-char remark

    Show marketing remark (548 chars)

    TENANT OCCUPIED BRICK RANCH HOME LOCATED SOUTH OF FULLERTON AVENUE AND EAST OF WYOMING AVENUE. THIS HOME FEATURES A COVERED FRONT PORCH, INVITING LIVING ROOM, FORMAL DINING ROOM, SPACIOUS KITCHEN WITH BREAKFAST NOOK, THREE GOOD SIZED BEDROOMS, AND AN UNFINISHED BASEMENT. THE TENANT RENT IS CURRENTLY 950 PER MONTH, AND THEY WISH TO STAY IN THE HOME. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

23. 2026-01-21
    historical
24. 2026-01-20
    historical
25. 2025-11-06
    price $75,900
26. 2025-11-05
    price $75,900
27. 2025-11-05
    price $75,900
28. 2025-09-02
    listed $76,900 Active
29. 2025-09-02
    listed $76,900 Active
30. 2024-06-21
    historical
31. 2024-06-21
    historical
32. 2024-03-29
    listed $79,900 Active
33. 2024-03-29
    listed $79,900 Active
34. 2023-12-23
    historical
35. 2023-12-22
    historical
36. 2023-11-07
    listed $89,900 Active
37. 2023-11-07
    listed $89,900 Active
38. 2023-10-11
    historical
39. 2023-10-11
    historical
40. 2023-10-03
    listed $89,900 Active
41. 2023-10-03
    listed $89,900 Active
42. 2019-01-28
    soldstatus $271,500

ⓘ 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: $883 · $74/mo
• Projected year-2 tax: $972 · $81/mo
• Expected delta: +$89/yr (+$7/mo · 10.1%)

ⓘ 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

Taxation est. · year 1

• Rental income: $14,638
• − Mortgage interest: −$3,859
• − Property taxes: −$883
• − Insurance: −$344
• − Repairs & maintenance: −$1,171
• − Management: −$1,171
• − Depreciation: −$2,004
• Taxable income: $5,205
• Est. tax owed @ 24.0%: −$1,249
• After-tax cash flow: $4,752/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): 20,696
• Household income: $34,468
• Rent vs Own: 45.0% rent · 55.0% own
• Severe rent burden: 1418.0

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 (86%)
• Race & ethnicity: Black 86% Two or more races 7% Hispanic / Latino 5% White 4% Native American 2%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Hispanic 1% Romanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 4%

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: ▲ 36.51%
• Current HPI: 234.0465
• Rent YoY: —
• 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

-73.9% since first listed

30 events — show timeline

• 2026-05-13 Price Changed $70,900 MiRealSource-MiMLS
• 2026-05-12 Price Changed $70,900 REALCOMP
• 2026-04-23 Price Changed $71,900 MiRealSource-MiMLS
• 2026-04-23 Price Changed $71,900 REALCOMP
• 2026-03-24 Price Changed $72,900 MiRealSource-MiMLS
• 2026-03-23 Price Changed $72,900 REALCOMP
• 2026-03-16 Relisted — MiRealSource-MiMLS
• 2026-03-16 Pending — MiRealSource-MiMLS
• 2026-03-06 Listed $75,900 REALCOMP
• 2026-03-06 Listed $75,900 MiRealSource-MiMLS
• 2026-01-21 Listing Removed — MiRealSource-MiMLS
• 2026-01-20 Listing Removed — REALCOMP
• 2025-11-06 Price Changed $75,900 MiRealSource-MiMLS
• 2025-11-05 Price Changed $75,900 REALCOMP
• 2025-11-05 Price Changed $75,900 SW Michigan MLS
• 2025-09-02 Listed $76,900 REALCOMP
• 2025-09-02 Listed $76,900 MiRealSource-MiMLS
• 2024-06-21 Listing Removed — MiRealSource-MiMLS
• 2024-06-21 Listing Removed — REALCOMP
• 2024-03-29 Listed $79,900 MiRealSource-MiMLS
• 2024-03-29 Listed $79,900 REALCOMP
• 2023-12-23 Listing Removed — MiRealSource-MiMLS
• 2023-12-22 Listing Removed — REALCOMP
• 2023-11-07 Listed $89,900 MiRealSource-MiMLS
• 2023-11-07 Listed $89,900 REALCOMP
• 2023-10-11 Listing Removed — MiRealSource-MiMLS
• 2023-10-11 Listing Removed — REALCOMP
• 2023-10-03 Listed $89,900 MiRealSource-MiMLS
• 2023-10-03 Listed $89,900 REALCOMP
• 2019-01-28 Sold (Public Records) $271,500 Public Records

Property tax history

-1.7%/yr

Latest (2025): $883 · -53.6% YoY. Source: county tax records.