6597 Whiteford Center Rd · Lambertville, MI 48144

$239,900

4 bd · 2.0 ba · 1,800 sqft · SingleFamily · 90 Days on market

Built 1974 0.36 ac lot $133/sqft · 6% above area Est $227k · 6% over

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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 +20.9/30.0
• DSCR +6.7/10.0
• ARV discount +4.9/15.0
• 1% rule +4.2/10.0
• Livability +4.0/5.0
• Schools +3.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fully rented duplex offering strong income and separate utilities in desirable Bedford Township. Each unit features approximately 900 square feet of living space, with one upper unit and one lower unit. Property includes separate furnaces and separately metered gas and electric for each unit. Well water. Convenient location near the Ohio line with easy access to shopping, dining, and major routes. Currently generating $2,125 per month in total rental income. Located in the Bedford Public Schools district. Great opportunity for owner-occupant or investor seeking immediate income-producing property. 6595 Whiteford Center duplex also available for purchase.

Key facts

• Separate utilities
• Fully rented duplex
• Separate furnaces

Tags

• FULLY RENTED DUPLEX
• SEPARATE UTILITIES
• SEPARATE FURNACES
• SEPARATELY METERED GAS
• SEPARATELY METERED ELECTRIC
• WELL WATER

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $240k.

Deal economics

• At list price, monthly cash flow is $335 ($4k/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 $221k (7.8% below list).
• Recommended offer: $221k (7.8% below list) — sets the bar for 1% rule.
• Cap rate 8.0% vs local median 5.1% in Lambertville — 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 80/100 on livability (#78 in MI, #1,689 nationally) — a professional / high-income tenant draw. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Bedford Public Schools (suburban): math 33% / reading 53% proficiency, ranked #150 of 540 in MI (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 18% free/reduced lunch — higher-income household profile.
• Market conditions: 29 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 264 units permitted in Monroe County in 2024 (40 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Monroe County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 90 days — a 6% lower offer ($226k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 27y 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.

Recommended offer $221,192 (7.8% below list)

Questions for the listing agent

1. It's been on market 90 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — 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. 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?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.92% ✗
• Cap rate: 7.97%
• Cash-on-cash: 5.99%
• DSCR: 1.27
• GRM: 9.0

CMA / ARV

• ARV (median comp): $226,917
• List price: $239,900
• Delta: 5.72%
• Verdict: FAIR
• Comps: 2 within 2.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3673 Section Rd	0.28mi	3/2.5 (-1)	1,898 (+5%)	4mo	$320,000	$169	68
3640 Brock Dr	0.57mi	3/2.0 (-1)	1,740 (-3%)	10mo	$240,000	$138	54
3739 Ridgedale Ln	0.60mi	3/1.5 (-1)	1,640 (-9%)	1mo	$278,000	$170	49
6432 Whiteford Center Rd	0.32mi	4/1.0	1,550 (-14%)	11mo	$228,000	$147	49
7060 Brookside Dr	0.65mi	3/1.5 (-1)	1,640 (-9%)	2mo	$280,000	$171	46
3714 Ridgedale Ln	0.64mi	3/2.0 (-1)	1,595 (-11%)	1mo	$288,500	$181	45
6905 Whiteford Center Rd	0.57mi	3/1.0 (-1)	1,608 (-11%)	6mo	$99,000	$62	42
7076 Ridgedale Ln	0.73mi	3/1.5 (-1)	1,640 (-9%)	4mo	$271,000	$165	41
6926 Summerlyn Lakes Ave	0.63mi	3/2.0 (-1)	1,907 (+6%)	20mo	$380,000	$199	39
7117 Ridgedale St	0.75mi	4/1.5	1,600 (-11%)	10mo	$245,000	$153	37
6871 Whiteford Center Rd	0.54mi	3/1.0 (-1)	1,639 (-9%)	19mo	$199,000	$121	35
6031 Meteor Ave	0.69mi	3/2.0 (-1)	1,530 (-15%)	10mo	$245,000	$160	30

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

Projected returns pro-forma

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

5-year hold

• IRR: -7.1%
• Equity multiple: 0.74×
• Total profit: $-17,634
• Equity at exit: $35,770

10-year hold

• IRR: 2.4%
• Equity multiple: 1.17×
• Total profit: $11,669
• Equity at exit: $20,742

Cash invested: $67,172 (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 48144

• Active inventory: 29
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $2,212 medium
• Mortgage (P&I): −$1,258
• Tax from tax record: −$54 /mo · $649/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$465
• Net cashflow: $335

Break-even live

Break-even rent $1,787

Max offer price $239,900

Occupancy floor 80%

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: $59,975
• Closing costs: $7,197
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6022 Clover Ln Toledo, OH	3.0	2.0	1296	$1,750	$1.35	21d	1	0.69mi
7076 Middlebury Dr Lambertville, MI	3.0	2.0	1248	$2,495	$2.00	14d	1	0.71mi
3055 W Sterns Rd Lambertville, MI	3.0	2.0	2470	$2,595	$1.05	21d	1	1.33mi

Listing history 13 events

1. 2026-03-23
   status Active 662-char remark

   Show marketing remark (662 chars)

   Fully rented duplex offering strong income and separate utilities in desirable Bedford Township. Each unit features approximately 900 square feet of living space, with one upper unit and one lower unit. Property includes separate furnaces and separately metered gas and electric for each unit. Well water. Convenient location near the Ohio line with easy access to shopping, dining, and major routes. Currently generating $2,125 per month in total rental income. Located in the Bedford Public Schools district. Great opportunity for owner-occupant or investor seeking immediate income-producing property. 6595 Whiteford Center duplex also available for purchase.

2. 2026-03-23
   status Active 662-char remark

   Show marketing remark (662 chars)

   Fully rented duplex offering strong income and separate utilities in desirable Bedford Township. Each unit features approximately 900 square feet of living space, with one upper unit and one lower unit. Property includes separate furnaces and separately metered gas and electric for each unit. Well water. Convenient location near the Ohio line with easy access to shopping, dining, and major routes. Currently generating $2,125 per month in total rental income. Located in the Bedford Public Schools district. Great opportunity for owner-occupant or investor seeking immediate income-producing property. 6595 Whiteford Center duplex also available for purchase.

3. 2026-03-10
   historical Active Under Contract 662-char remark

   Show marketing remark (662 chars)

   Fully rented duplex offering strong income and separate utilities in desirable Bedford Township. Each unit features approximately 900 square feet of living space, with one upper unit and one lower unit. Property includes separate furnaces and separately metered gas and electric for each unit. Well water. Convenient location near the Ohio line with easy access to shopping, dining, and major routes. Currently generating $2,125 per month in total rental income. Located in the Bedford Public Schools district. Great opportunity for owner-occupant or investor seeking immediate income-producing property. 6595 Whiteford Center duplex also available for purchase.

4. 2026-03-10
   historical Keep Showing-Contgcy Appl 662-char remark

   Show marketing remark (662 chars)

   Fully rented duplex offering strong income and separate utilities in desirable Bedford Township. Each unit features approximately 900 square feet of living space, with one upper unit and one lower unit. Property includes separate furnaces and separately metered gas and electric for each unit. Well water. Convenient location near the Ohio line with easy access to shopping, dining, and major routes. Currently generating $2,125 per month in total rental income. Located in the Bedford Public Schools district. Great opportunity for owner-occupant or investor seeking immediate income-producing property. 6595 Whiteford Center duplex also available for purchase.

5. 2026-02-26
   listed $239,900 Active 662-char remark

   Show marketing remark (662 chars)

   Fully rented duplex offering strong income and separate utilities in desirable Bedford Township. Each unit features approximately 900 square feet of living space, with one upper unit and one lower unit. Property includes separate furnaces and separately metered gas and electric for each unit. Well water. Convenient location near the Ohio line with easy access to shopping, dining, and major routes. Currently generating $2,125 per month in total rental income. Located in the Bedford Public Schools district. Great opportunity for owner-occupant or investor seeking immediate income-producing property. 6595 Whiteford Center duplex also available for purchase.

6. 2026-02-26
   listed $239,900 Active 662-char remark

   Show marketing remark (662 chars)

   Fully rented duplex offering strong income and separate utilities in desirable Bedford Township. Each unit features approximately 900 square feet of living space, with one upper unit and one lower unit. Property includes separate furnaces and separately metered gas and electric for each unit. Well water. Convenient location near the Ohio line with easy access to shopping, dining, and major routes. Currently generating $2,125 per month in total rental income. Located in the Bedford Public Schools district. Great opportunity for owner-occupant or investor seeking immediate income-producing property. 6595 Whiteford Center duplex also available for purchase.

7. 2024-12-05
   soldstatus $335,000
8. 2017-10-13
   soldstatus $92,500
9. 2005-03-16
   soldstatus $100,000
10. 1999-04-28
    soldstatus $91,500
11. 1999-04-14
    soldstatus $91,500
12. 1999-03-12
    historical
13. 1999-03-08
    listed $95,000

ⓘ 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: $649 · $54/mo
• Projected year-2 tax: $2,172 · $181/mo
• Expected delta: +$1,523/yr (+$127/mo · 234.7%)

ⓘ 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 ≥101°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,543
• − Mortgage interest: −$13,438
• − Property taxes: −$649
• − Insurance: −$1,200
• − Repairs & maintenance: −$2,123
• − Management: −$2,123
• − Depreciation: −$6,979
• Taxable income: $31
• Est. tax owed @ 24.0%: −$7
• After-tax cash flow: $4,017/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: Bedford Public Schools
• NCES district ID: 2604470
• Math proficiency: 33% ▼ -14.00%
• Reading proficiency: 53% ▼ -3.00%
• Median HH income: $63,784
• Composite: 38.22/100
• National rank: #4252
• State rank: #150 of 540 in MI

Livability — Lambertville

• Score: 80/100
• State rank: #78
• US rank: #1689

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lambertville, MI
• City population: 10,275
• Population (ZIP): 10,275

Population outlook (Monroe County) Hauer SSP2

• Today (2025): 144,439 people
• By 2030: 140,033 · -3.1%
• By 2040: 128,408 · -11.1%
• By 2050: 115,024 · -20.4%
• By 2075: 87,273 · -39.6%
• By 2100: 63,110 · -56.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Two or more races 7% Hispanic / Latino 4% Black 2% Asian 2%
• Common ancestry: Romanian 13% Lithuanian 5% Scotch-Irish 2%
• Foreign-born: 4% · China, South Korea
• Languages at home: 95% English-only · Tagalog/Filipino 2% Spanish 1% Arabic 1%

Political lean MEDSL · Monroe

• 2024 margin: Strong R (+27.1) · D 35.7% · R 62.9% · Other 1.4%
• 2008→2024 swing: -31.5pp toward R · 2008: 4.3pp · 2024: -27.1pp
• All cycles: 2024: R+27.1 2020: R+22.6 2016: R+22.1 2012: D+1.0 2008: D+4.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -116.72%
• Current HPI: 163.3496
• Rent YoY: —
• Metro: —
• 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

+152.5% since first listed

13 events — show timeline

• 2026-03-23 Relisted — REALCOMP
• 2026-03-23 Relisted — MiRealSource-MiMLS
• 2026-03-10 Contingent — REALCOMP
• 2026-03-10 Contingent — MiRealSource-MiMLS
• 2026-02-26 Listed $239,900 MiRealSource-MiMLS
• 2026-02-26 Listed $239,900 REALCOMP
• 2024-12-05 Sold (Public Records) $335,000 Public Records
• 2017-10-13 Sold (Public Records) $92,500 Public Records
• 2005-03-16 Sold (Public Records) $100,000 Public Records
• 1999-04-28 Sold (Public Records) $91,500 Public Records
• 1999-04-14 Sold (MLS) $91,500 MiRealSource-MiMLS
• 1999-03-12 Listing Removed — MiRealSource-MiMLS
• 1999-03-08 Listed $95,000 MiRealSource-MiMLS

Property tax history

-6.1%/yr

Latest (2025): $649 · -68.1% YoY. Source: county tax records.