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11439 Ohio St
A- Composite 82.9
Why this score? — see what drove the A- 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
  • ARV discount +12.9/15.0
  • 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

$60,950

11439 Ohio St · Detroit, MI 48204
3 bd · 1.0 ba · 1,284 sqft · SingleFamily public records · 32 Days on market
Built 1922 3,485 sqft lot Est $69k · 12% under

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

Listing remarks MLS

3 Bedroom, 1.5 bathroom colonial home on Detroit's West side located off Grand River and I-96. Seller started rehab work. As is Sale. Property is 1 of 20 that seller is selling their Detroit portfolio.

Key facts

  • 3,485 sq ft lot
  • Built 1922
  • Listed 32 days

Property features AI

Exterior

  • Parking: No garage
  • Utilities: Public water; Sewer available
  • Home design: Single-family residence; Two levels; Ground-level entry with steps
  • Construction: Aluminum siding; Block foundation; Asphalt roof; Built area above grade: 1,284 square feet
  • Exterior features: Paved road access; No pool

Interior

  • Bathrooms: One full bathroom; One half bathroom
  • Heating & cooling: Forced air heating (natural gas); No cooling
  • Interior features: Unfinished basement; Six total rooms

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 $61k.

Deal economics

  • At list price, monthly cash flow is $411 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $61k).
  • Recommended offer: $59k (3.0% below list) — sets the bar for market timing.
  • Cap rate 14.4% vs local median 10.0% 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: 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.
  • Zoned schools: Mackenzie Elementarymiddle School (math 2% / reading 2%, grade F, #1,384 of 1,397 statewide, top 100%, 909 students, 88% FRL); Cody High School (math 24% / reading 24%, grade F, #481 of 713 statewide, top 81%, 466 students, 88% FRL) — zoned schools at 88% FRL track the district average.
  • Market conditions: 250 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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).

Forward outlook

  • In year one you build about $7k of equity ($422 loan paydown + $6k 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 $17k cash investment doubles in ~2 years — after that, you're playing with house money.
  • By year 5, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 32 days — a 3% lower offer ($59k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 6y 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.
  • Current owner paid $33k; list at $61k implies a 85% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: property tax is 3.9% of price; built in 1922 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $59,121 (3.0% below list)

Questions for the listing agent

  1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1922 — 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. 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
1.98%
Cap rate
14.39%
Cash-on-cash
28.93%
DSCR
2.29
GRM
4.2

CMA / ARV

ARV (on-the-fly)
$69,336
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
10340 Maplelawn St 0.47mi 3/2.0 1,296 (+1%) 5mo $27,000 $21 68
12096 Meyers Rd 0.73mi 3/1.0 1,248 (-3%) 0mo $30,000 $24 61
10405 Orangelawn St 0.57mi 3/1.5 1,350 (+5%) 3mo $7,000 $5 61
12162 Kentucky St 0.40mi 3/1.0 1,415 (+10%) 5mo $42,000 $30 60
9637 Prairie St 0.64mi 3/1.0 1,248 (-3%) 7mo $87,500 $70 60
11931 Wisconsin St 0.30mi 3/3.0 1,407 (+10%) 5mo $135,900 $97 58
12027 Manor St 0.69mi 3/1.0 1,340 (+4%) 4mo $86,750 $65 58
12303 Cloverlawn St 0.43mi 3/1.5 1,454 (+13%) 4mo $58,500 $40 52
12026 Manor Arc 0.66mi 3/1.0 1,200 (-6%) 8mo $65,000 $54 52
12629 Washburn St 0.62mi 3/1.0 1,392 (+8%) 7mo $75,000 $54 51
10300 Orangelawn St 0.47mi 3/1.0 1,092 (-15%) 4mo $52,000 $48 50
10123 Crocuslawn St 0.47mi 3/1.0 1,107 (-14%) 7mo $104,999 $95 49

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
46.3%
Equity multiple
4.49×
Total profit
$59,488
Equity at exit
$54,909
10-year hold
IRR
40.2%
Equity multiple
10.07×
Total profit
$154,766
Equity at exit
$118,412

Cash invested: $17,066 (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 48204

Home prices YoY
18.5%
Active inventory
250
Price-to-rent
4.2×

Monthly cashflow live

Estimated rent
$1,209 high interval (Pro) →
Mortgage (P&I)
$320
Tax from tax record
$199 /mo · $2,383/yr
Insurance
$25
HOA
$0
Vacancy / Maint / Mgmt
$254
Net cashflow
$411

Break-even live

Break-even rent $688
Max offer price $60,950
Occupancy floor 61%

Sensitivity live

Price -10% $446 -5% $429 +0% $411 +5% $394 +10% $377
Rent -10% $316 -5% $364 +0% $411 +5% $459 +10% $507
Rate -1.0pp $442 -0.5pp $427 base $411 +0.5pp $396 +1.0pp $380

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
$15,238
Closing costs
$1,828
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
12303 Cloverlawn St Detroit, MI 3.0 1.5 1454 $1,400 $0.96 46d 1 0.44mi
12144 Washburn St Detroit, MI 3.0 1.0 1200 $1,200 $1.00 17d 1 0.44mi
10303 Morley St #1 Detroit, MI 2.0 1.0 950 $950 $1.00 46d 1 0.59mi
10359 Violetlawn St Unit 1 Detroit, MI 2.0 1.0 1200 $985 $0.82 46d 1 0.60mi
12703 Northlawn St Detroit, MI 2.0 1.0 1365 $1,053 $0.77 23d 1 0.65mi
10002 Manor Unit 1 Detroit, MI 2.0 1.0 1000 $1,050 $1.05 46d 1 0.67mi
10002 Manor Unit 2 Detroit, MI 3.0 1.0 1100 $1,150 $1.05 46d 1 0.67mi
12468 Mendota St Detroit, MI 2.0 1.0 1100 $1,100 $1.00 46d 1 0.70mi
12468 Mendota St Detroit, MI 2.0 1.0 1100 $1,000 $0.91 26d 1 0.70mi
12650 Griggs St Detroit, MI 3.0 2.0 1628 $1,375 $0.84 26d 1 0.71mi
12032 Santa Rosa Dr Unit 1 Detroit, MI 3.0 1.0 900 $1,278 $1.42 1d 1 0.71mi
12123 Santa Rosa Dr Detroit, MI 2.0 1.0 1680 $1,000 $0.60 26d 1 0.72mi
12019 Stoepel St Detroit, MI 2.0 1.0 1000 $943 $0.94 7d 1 0.73mi
12775 Plymouth Rd Unit 16 Detroit, MI 2.0 1.0 1009 $825 $0.82 46d 1 0.77mi
12415 Monica St Detroit, MI 2.0 1.0 1000 $1,200 $1.20 46d 1 0.79mi
9558 Meyers Rd Detroit, MI 3.0 1.0 950 $1,150 $1.21 46d 1 0.81mi
9022 Northlawn St Detroit, MI 2.0 1.0 1100 $1,300 $1.18 26d 1 0.82mi
12663 Stoepel St Detroit, MI 2.0 1.0 1100 $1,050 $0.95 24d 1 0.93mi
9209 Pinehurst St Detroit, MI 3.0 1.0 1589 $1,500 $0.94 46d 1 0.93mi
13620 Kentucky St Detroit, MI 3.0 1.0 1248 $1,200 $0.96 7d 1 1.05mi
13910 Kentucky St Detroit, MI 2.0 1.0 1680 $1,000 $0.60 46d 1 1.11mi
13620 Tuller St Detroit, MI 4.0 1.0 1064 $1,374 $1.29 15d 1 1.11mi
9355 Ward St Detroit, MI 3.0 1.0 1200 $1,327 $1.11 46d 1 1.13mi
11704 Broadstreet Ave Detroit, MI 3.0 1.0 1200 $1,050 $0.88 46d 1 1.15mi
13979 Cherrylawn St Detroit, MI 3.0 1.0 1296 $1,334 $1.03 23d 1 1.16mi
8320 Northlawn St Detroit, MI 3.0 1.0 1737 $1,550 $0.89 23d 1 1.18mi
14011 Roselawn St Detroit, MI 4.0 1.5 1300 $1,450 $1.12 4d 1 1.20mi
14011 Roselawn St Detroit, MI 4.0 1.5 1300 $1,450 $1.12 20d 1 1.20mi
8353 Alpine St Detroit, MI 2.0 1.0 1000 $1,050 $1.05 46d 1 1.21mi
4341 Glendale St Detroit, MI 4.0 2.5 1832 $1,680 $0.92 7d 1 1.21mi
4336 Buena Vista St Detroit, MI 3.0 1.0 1300 $1,100 $0.85 46d 1 1.23mi
4268 Cortland St Unit 1 Detroit, MI 2.0 1.0 1000 $1,050 $1.05 46d 1 1.25mi
13965 Mendota St Detroit, MI 3.0 1.0 1222 $1,294 $1.06 20d 1 1.25mi
8230 Ohio St Detroit, MI 3.0 1.0 1350 $1,200 $0.89 19d 1 1.26mi
9340 Hartwell St Detroit, MI 3.0 1.0 1000 $1,364 $1.36 46d 1 1.29mi
8143 Wisconsin St Detroit, MI 4.0 1.0 1370 $1,800 $1.31 0d 1 1.32mi
8762 Epworth St Unit 8768 Detroit, MI 2.0 1.0 900 $995 $1.11 1d 1 1.33mi
14242 Ohio St Detroit, MI 4.0 1.0 1400 $1,000 $0.71 46d 1 1.34mi
8283 Pinehurst St Unit 2 Detroit, MI 2.0 1.0 1000 $900 $0.90 46d 1 1.36mi
4203 Tyler St Detroit, MI 2.0 1.0 950 $895 $0.94 46d 1 1.37mi

Listing history 32 events

  1. 2026-06-22
    days on market $60,950 Active 32 DOM
  2. 2026-06-21
    days on market $60,950 Active 31 DOM
  3. 2026-06-18
    days on market $60,950 Active 28 DOM
  4. 2026-06-17
    days on market $60,950 Active 27 DOM
  5. 2026-06-15
    days on market $60,950 Active 25 DOM
  6. 2026-06-13
    days on market $60,950 Active 23 DOM
  7. 2026-06-13
    days on market $60,950 Active 22 DOM
  8. 2026-06-09
    days on market $60,950 Active 19 DOM
  9. 2026-06-08
    days on market $60,950 Active 18 DOM
  10. 2026-06-07
    days on market $60,950 Active 17 DOM
  11. 2026-06-04
    days on market $60,950 Active 14 DOM
  12. 2026-06-03
    days on market $60,950 Active 13 DOM
  13. 2026-06-02
    days on market $60,950 Active 12 DOM
  14. 2026-06-01
    days on market $60,950 Active 11 DOM
  15. 2026-05-31
    days on market $60,950 Active 10 DOM
  16. 2026-05-21
    listed $60,950 Active
    Show marketing remark (201 chars)

    3 Bedroom, 1.5 bathroom colonial home on Detroit's West side located off Grand River and I-96. Seller started rehab work. As is Sale. Property is 1 of 20 that seller is selling their Detroit portfolio.

  17. 2026-05-21
    listed $60,950 Active 201-char remark
    Show marketing remark (201 chars)

    3 Bedroom, 1.5 bathroom colonial home on Detroit's West side located off Grand River and I-96. Seller started rehab work. As is Sale. Property is 1 of 20 that seller is selling their Detroit portfolio.

  18. 2025-11-21
    historical $1,300
  19. 2025-05-01
    listed $1,300
  20. 2022-06-12
    price $1,200
  21. 2020-09-18
    soldstatus $33,000 Sold 558-char remark
    Show marketing remark (558 chars)

    Charming colonial located near Clinton Park, Adams Butzel Recreation Complex, and M-10. Less than 15 minutes from Downtown Detroit!!! The Property features 3 bedrooms, 1.5 bathrooms, kitchen, living room with natural fireplace, dining room, and basement! The bathroom features a claw-foot bathtub and a water-conserving toilet. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Purchaser to pay a $495 processing fee to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance!

  22. 2020-09-18
    soldstatus $33,000 Closed
    Show marketing remark (558 chars)

    Charming colonial located near Clinton Park, Adams Butzel Recreation Complex, and M-10. Less than 15 minutes from Downtown Detroit!!! The Property features 3 bedrooms, 1.5 bathrooms, kitchen, living room with natural fireplace, dining room, and basement! The bathroom features a claw-foot bathtub and a water-conserving toilet. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Purchaser to pay a $495 processing fee to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance!

  23. 2020-09-14
    status Pending
    Show marketing remark (558 chars)

    Charming colonial located near Clinton Park, Adams Butzel Recreation Complex, and M-10. Less than 15 minutes from Downtown Detroit!!! The Property features 3 bedrooms, 1.5 bathrooms, kitchen, living room with natural fireplace, dining room, and basement! The bathroom features a claw-foot bathtub and a water-conserving toilet. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Purchaser to pay a $495 processing fee to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance!

  24. 2020-09-14
    status Pending 558-char remark
    Show marketing remark (558 chars)

    Charming colonial located near Clinton Park, Adams Butzel Recreation Complex, and M-10. Less than 15 minutes from Downtown Detroit!!! The Property features 3 bedrooms, 1.5 bathrooms, kitchen, living room with natural fireplace, dining room, and basement! The bathroom features a claw-foot bathtub and a water-conserving toilet. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Purchaser to pay a $495 processing fee to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance!

  25. 2020-09-12
    price $35,000
  26. 2020-09-11
    price $35,000 558-char remark
    Show marketing remark (558 chars)

    Charming colonial located near Clinton Park, Adams Butzel Recreation Complex, and M-10. Less than 15 minutes from Downtown Detroit!!! The Property features 3 bedrooms, 1.5 bathrooms, kitchen, living room with natural fireplace, dining room, and basement! The bathroom features a claw-foot bathtub and a water-conserving toilet. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Purchaser to pay a $495 processing fee to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance!

  27. 2020-09-02
    status Active
    Show marketing remark (558 chars)

    Charming colonial located near Clinton Park, Adams Butzel Recreation Complex, and M-10. Less than 15 minutes from Downtown Detroit!!! The Property features 3 bedrooms, 1.5 bathrooms, kitchen, living room with natural fireplace, dining room, and basement! The bathroom features a claw-foot bathtub and a water-conserving toilet. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Purchaser to pay a $495 processing fee to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance!

  28. 2020-09-02
    status Active 558-char remark
    Show marketing remark (558 chars)

    Charming colonial located near Clinton Park, Adams Butzel Recreation Complex, and M-10. Less than 15 minutes from Downtown Detroit!!! The Property features 3 bedrooms, 1.5 bathrooms, kitchen, living room with natural fireplace, dining room, and basement! The bathroom features a claw-foot bathtub and a water-conserving toilet. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Purchaser to pay a $495 processing fee to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance!

  29. 2020-06-12
    status Pending
    Show marketing remark (558 chars)

    Charming colonial located near Clinton Park, Adams Butzel Recreation Complex, and M-10. Less than 15 minutes from Downtown Detroit!!! The Property features 3 bedrooms, 1.5 bathrooms, kitchen, living room with natural fireplace, dining room, and basement! The bathroom features a claw-foot bathtub and a water-conserving toilet. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Purchaser to pay a $495 processing fee to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance!

  30. 2020-06-12
    status Pending 558-char remark
    Show marketing remark (558 chars)

    Charming colonial located near Clinton Park, Adams Butzel Recreation Complex, and M-10. Less than 15 minutes from Downtown Detroit!!! The Property features 3 bedrooms, 1.5 bathrooms, kitchen, living room with natural fireplace, dining room, and basement! The bathroom features a claw-foot bathtub and a water-conserving toilet. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Purchaser to pay a $495 processing fee to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance!

  31. 2020-05-30
    listed $31,000 Active 558-char remark
    Show marketing remark (558 chars)

    Charming colonial located near Clinton Park, Adams Butzel Recreation Complex, and M-10. Less than 15 minutes from Downtown Detroit!!! The Property features 3 bedrooms, 1.5 bathrooms, kitchen, living room with natural fireplace, dining room, and basement! The bathroom features a claw-foot bathtub and a water-conserving toilet. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Purchaser to pay a $495 processing fee to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance!

  32. 2020-05-30
    listed $31,000 Active
    Show marketing remark (558 chars)

    Charming colonial located near Clinton Park, Adams Butzel Recreation Complex, and M-10. Less than 15 minutes from Downtown Detroit!!! The Property features 3 bedrooms, 1.5 bathrooms, kitchen, living room with natural fireplace, dining room, and basement! The bathroom features a claw-foot bathtub and a water-conserving toilet. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Purchaser to pay a $495 processing fee to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance!

ⓘ 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
$2,383 · $199/mo
Projected year-2 tax
$2,383 · $199/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
$14,506
− Mortgage interest
−$3,414
− Property taxes
−$2,383
− Insurance
−$305
− Repairs & maintenance
−$1,160
− Management
−$1,160
− Depreciation
−$1,773
Taxable income
$4,310
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,034
After-tax cash flow
$3,902/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

Price history

+96.6% since first listed
17 events — show timeline
  • 2026-05-21 Listed $60,950 MiRealSource-MiMLS
  • 2026-05-21 Listed $60,950 REALCOMP
  • 2025-11-21 Rental Removed $1,300 Hemlane
  • 2025-05-01 Listed for Rent $1,300 Hemlane
  • 2022-06-12 Price Changed $1,200 RENT.
  • 2020-09-18 Sold (MLS) $33,000 MiRealSource-MiMLS
  • 2020-09-18 Sold (MLS) $33,000 REALCOMP
  • 2020-09-14 Pending MiRealSource-MiMLS
  • 2020-09-14 Pending REALCOMP
  • 2020-09-12 Price Changed $35,000 MiRealSource-MiMLS
  • 2020-09-11 Price Changed $35,000 REALCOMP
  • 2020-09-02 Relisted MiRealSource-MiMLS
  • 2020-09-02 Relisted REALCOMP
  • 2020-06-12 Pending MiRealSource-MiMLS
  • 2020-06-12 Pending REALCOMP
  • 2020-05-30 Listed $31,000 MiRealSource-MiMLS
  • 2020-05-30 Listed $31,000 REALCOMP

Property tax history

+11.2%/yr

Latest (2025): $2,383 · +0.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…