14919 Rochelle St · Detroit, MI 48205

$110,000

3 bd · 1.0 ba · 862 sqft · SingleFamily public records · 12 Days on market

Built 1948 4,792 sqft lot

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Why this score? — see what drove the C+ 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 +28.3/30.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +6.9/10.0
• Livability +3.7/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Offer received. Offer deadline Monday, March 23, 2026, at noon. Move-In Ready Brick Ranch! This beautifully renovated brick ranch has so much to offer! Featuring 3 spacious bedrooms and 1 full bathroom, this home boasts an open-concept living and dining area that flows seamlessly into the updated kitchen, complete with granite countertops, white shaker cabinets, and modern fixtures. Throughout the home, you'll find recessed lighting, luxury vinyl floors, updated mechanical systems, and newer windows that enhance both style and energy efficiency. The property also features an attached 1-car garage for added convenience and a large, fenced backyard, perfect for entertaining, gardening, or simply relaxing outdoors.

Key facts

• Updated kitchen
• Recessed lighting
• Granite countertops

Tags

• BRICK RANCH
• OPEN-CONCEPT LIVING AND DINING
• UPDATED KITCHEN
• GRANITE COUNTERTOPS
• WHITE SHAKER CABINETS
• RECESSED LIGHTING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $352 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).

Location & tenants

• Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
• Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.3%/yr); 373 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 40% of the median local income ($39k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $761 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 13y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $110,000

Questions for the listing agent

1. Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.19% ✓
• Cap rate: 10.13%
• Cash-on-cash: 13.70%
• DSCR: 1.61
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $34,480
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
12641 Kelly Rd	0.31mi	2/1.0 (-1)	840 (-3%)	4mo	$15,000	$18	73
15255 Young St	0.20mi	3/1.0	919 (+7%)	9mo	$72,500	$79	72
14866 Houston Whittier St	0.20mi	3/1.0	930 (+8%)	9mo	$32,000	$34	70
14981 Flanders St	0.24mi	2/1.0 (-1)	755 (-12%)	1mo	$30,005	$40	62
15001 Flanders St	0.25mi	2/1.0 (-1)	769 (-11%)	6mo	$80,000	$104	60
11384 Stockwell St	0.38mi	3/1.0	922 (+7%)	13mo	$30,000	$33	60
12056 Duchess St	0.63mi	3/1.0	950 (+10%)	3mo	$30,000	$32	51
15294 Saratoga St	0.70mi	3/1.0	802 (-7%)	7mo	$65,000	$81	50
15260 Faircrest St	0.64mi	2/1.0 (-1)	942 (+9%)	1mo	$35,000	$37	49
18519 Morang Dr	0.69mi	3/1.0	940 (+9%)	9mo	$94,000	$100	46
14531 Promenade St	0.64mi	2/1.0 (-1)	741 (-14%)	8mo	$19,000	$26	35
10609 Stratman St	0.73mi	3/1.5	979 (+14%)	8mo	$90,000	$92	34

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 · 1.33% rent growth · sell at horizon

5-year hold

• IRR: 2.1%
• Equity multiple: 1.08×
• Total profit: $2,387
• Equity at exit: $16,401

10-year hold

• IRR: 10.0%
• Equity multiple: 1.72×
• Total profit: $22,228
• Equity at exit: $9,511

Cash invested: $30,800 (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.

Methodology + full state rankings →

ZIP-level market 48205

• Home prices YoY: -28.1%
• Rents YoY: 1.3%
• Active inventory: 373
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,309 high
• Mortgage (P&I): −$577
• Tax from tax record: −$59 /mo · $714/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$275
• Net cashflow: $352

Break-even live

Break-even rent $863

Max offer price $110,000

Occupancy floor 68%

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15010 Cedargrove St Detroit, MI	3.0	1.5	1018	$1,350	$1.33	43d	1	0.17mi
15494 Mapleridge St Detroit, MI	3.0	1.0	937	$1,275	$1.36	43d	1	0.55mi
10644 Stratman St Detroit, MI	2.0	1.0	1000	$1,200	$1.20	17d	1	0.73mi
12201 Morang Ave Unit 8 Detroit, MI	2.0	1.0	610	$875	$1.43	43d	1	0.79mi
10141 Roxbury St Detroit, MI	3.0	1.0	1115	$1,000	$0.90	43d	1	0.92mi
13400 Longview St Detroit, MI	3.0	1.5	1000	$1,400	$1.40	43d	1	0.94mi
11235 Roxbury St Detroit, MI	3.0	1.0	1062	$1,325	$1.25	17d	1	0.97mi
12740 August St Detroit, MI	2.0	1.0	900	$1,300	$1.44	5d	1	0.97mi
9516 Wayburn St Detroit, MI	2.0	1.0	800	$950	$1.19	17d	1	0.98mi
12716 Riad St Detroit, MI	3.0	1.0	974	$1,275	$1.31	17d	1	0.98mi
11611 Morang Ave Detroit, MI	1.0–2.0	1.0	709	$1,040	$1.47	43d	1	1.01mi
14461 Lappin St Detroit, MI	3.0	1.5	989	$1,150	$1.16	17d	1	1.03mi
9927 Beaconsfield St Detroit, MI	3.0	1.0	942	$1,375	$1.46	15d	1	1.03mi
13137 Elmdale St Detroit, MI	3.0	1.0	1115	$1,400	$1.26	24d	1	1.05mi
11776 Rossiter St Detroit, MI	3.0	1.0	964	$1,150	$1.19	11d	1	1.06mi
10404 Somerset Ave Detroit, MI	3.0	1.0	1108	$1,475	$1.33	3d	1	1.08mi
11529 Roxbury St Detroit, MI	2.0	1.0	720	$1,200	$1.67	12d	1	1.10mi
9190 Hayes St Unit 1 Detroit, MI	2.0	1.0	750	$850	$1.13	15d	1	1.12mi
15909 Maddelein St Detroit, MI	3.0	1.0	894	$1,266	$1.42	43d	1	1.13mi
9747 Somerset Ave Detroit, MI	2.0	1.0	797	$1,100	$1.38	43d	1	1.13mi
16212 Maddelein St Detroit, MI	2.0	1.0	800	$1,200	$1.50	12d	1	1.20mi
18119 Joann St Detroit, MI	2.0	1.0	800	$1,100	$1.38	24d	1	1.21mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	15d	1	1.21mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	43d	1	1.21mi
13067 Wade St Detroit, MI	2.0	1.0	660	$900	$1.36	5d	1	1.23mi
19144 Moross Rd Detroit, MI	2.0	1.0	900	$1,050	$1.17	43d	1	1.25mi
10177 Boleyn St Detroit, MI	3.0	1.0	767	$1,250	$1.63	43d	1	1.30mi
18624 Fairport St Detroit, MI	3.0	1.0	874	$1,450	$1.66	22d	1	1.31mi
18624 Fairport St Unit NA Detroit, MI	3.0	1.0	924	$1,450	$1.57	24d	1	1.31mi
13669 Pfent St Detroit, MI	3.0	2.0	1031	$1,374	$1.33	17d	1	1.31mi
10037 Grayton St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	3d	1	1.33mi
10400 Britain St Detroit, MI	3.0	1.0	890	$1,100	$1.24	43d	1	1.33mi
10370 Britain St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	43d	1	1.36mi
10692 Meuse St Detroit, MI	3.0	1.0	955	$1,250	$1.31	12d	1	1.38mi
12112 Christy St Unit 12110 Detroit, MI	2.0	1.0	950	$1,200	$1.26	43d	1	1.40mi
12110 Christy St Detroit, MI	2.0	1.5	950	$1,200	$1.26	17d	1	1.41mi
19220 Alcoy St Detroit, MI	3.0	1.0	1023	$1,350	$1.32	17d	1	1.41mi
19170 Joann St Detroit, MI	4.0	1.0	1020	$1,400	$1.37	43d	1	1.42mi
19365 Kingsville St Harper Woods, MI	4.0	1.5	996	$1,650	$1.66	15d	1	1.46mi
19143 Fairport St Detroit, MI	3.0	1.0	1070	$1,225	$1.14	17d	1	1.48mi

Listing history 8 events

1. 2026-04-01
   status Pending 721-char remark

   Show marketing remark (721 chars)

   Offer received. Offer deadline Monday, March 23, 2026, at noon. Move-In Ready Brick Ranch! This beautifully renovated brick ranch has so much to offer! Featuring 3 spacious bedrooms and 1 full bathroom, this home boasts an open-concept living and dining area that flows seamlessly into the updated kitchen, complete with granite countertops, white shaker cabinets, and modern fixtures. Throughout the home, you'll find recessed lighting, luxury vinyl floors, updated mechanical systems, and newer windows that enhance both style and energy efficiency. The property also features an attached 1-car garage for added convenience and a large, fenced backyard, perfect for entertaining, gardening, or simply relaxing outdoors.

2. 2026-04-01
   status Pending

   Show marketing remark (721 chars)

   Offer received. Offer deadline Monday, March 23, 2026, at noon. Move-In Ready Brick Ranch! This beautifully renovated brick ranch has so much to offer! Featuring 3 spacious bedrooms and 1 full bathroom, this home boasts an open-concept living and dining area that flows seamlessly into the updated kitchen, complete with granite countertops, white shaker cabinets, and modern fixtures. Throughout the home, you'll find recessed lighting, luxury vinyl floors, updated mechanical systems, and newer windows that enhance both style and energy efficiency. The property also features an attached 1-car garage for added convenience and a large, fenced backyard, perfect for entertaining, gardening, or simply relaxing outdoors.

3. 2026-03-20
   listed $110,000 Active 721-char remark

   Show marketing remark (721 chars)

   Offer received. Offer deadline Monday, March 23, 2026, at noon. Move-In Ready Brick Ranch! This beautifully renovated brick ranch has so much to offer! Featuring 3 spacious bedrooms and 1 full bathroom, this home boasts an open-concept living and dining area that flows seamlessly into the updated kitchen, complete with granite countertops, white shaker cabinets, and modern fixtures. Throughout the home, you'll find recessed lighting, luxury vinyl floors, updated mechanical systems, and newer windows that enhance both style and energy efficiency. The property also features an attached 1-car garage for added convenience and a large, fenced backyard, perfect for entertaining, gardening, or simply relaxing outdoors.

4. 2026-03-20
   listed $110,000 Active

   Show marketing remark (721 chars)

   Offer received. Offer deadline Monday, March 23, 2026, at noon. Move-In Ready Brick Ranch! This beautifully renovated brick ranch has so much to offer! Featuring 3 spacious bedrooms and 1 full bathroom, this home boasts an open-concept living and dining area that flows seamlessly into the updated kitchen, complete with granite countertops, white shaker cabinets, and modern fixtures. Throughout the home, you'll find recessed lighting, luxury vinyl floors, updated mechanical systems, and newer windows that enhance both style and energy efficiency. The property also features an attached 1-car garage for added convenience and a large, fenced backyard, perfect for entertaining, gardening, or simply relaxing outdoors.

5. 2013-10-25
   historical
6. 2013-10-25
   historical
7. 2013-06-28
   listed $6,300
8. 2013-06-28
   listed $6,300

ⓘ 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: $714 · $59/mo
• Projected year-2 tax: $1,204 · $100/mo
• Expected delta: +$490/yr (+$41/mo · 68.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥95°F today · 14 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: $15,705
• − Mortgage interest: −$6,162
• − Property taxes: −$714
• − Insurance: −$550
• − Repairs & maintenance: −$1,256
• − Management: −$1,256
• − Depreciation: −$3,200
• Taxable income: $2,567
• Est. tax owed @ 24.0%: −$616
• After-tax cash flow: $3,605/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): 34,187
• Household income: $38,966
• Rent vs Own: 49.4% rent · 50.6% own
• Severe rent burden: 2121.0

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 (93%)
• Race & ethnicity: Black 93% White 3% Two or more races 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Wayne

• 2024 margin: Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
• 2008→2024 swing: -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
• All cycles: 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -91.80%
• Current HPI: 235.0926
• Rent YoY: ▲ 1.33%
• 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

+1646.0% since first listed

8 events — show timeline

• 2026-04-01 Pending — MiRealSource-MiMLS
• 2026-04-01 Pending — REALCOMP
• 2026-03-20 Listed $110,000 REALCOMP
• 2026-03-20 Listed $110,000 MiRealSource-MiMLS
• 2013-10-25 Listing Removed — REALCOMP
• 2013-10-25 Listing Removed — MiRealSource-MiMLS
• 2013-06-28 Listed $6,300 REALCOMP
• 2013-06-28 Listed $6,300 MiRealSource-MiMLS

Property tax history

-9.3%/yr

Latest (2017): $714 · -18.9% YoY. Source: county tax records.