9390 Quincy St · Detroit, MI
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
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 +18.3/30.0
- Appreciation +10.0/10.0
- ARV discount +7.5/15.0
- DSCR +5.7/10.0
- Livability +3.7/5.0
- 1% rule +3.6/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
$144,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Experience the perfect blend of modern functionality and sustainable city living in the heart of Detroit's Petoskey-Otsego (Nardin Park) neighborhood. This property is a meticulously executed 2026 renovation by skilled tradesmen, focused on durability, precision, and attention to detail. This home is a great opportunity to buy the best home available in an up-and-coming neighborhood. Step inside to an inviting open-concept kitchen and living area designed to maximize space and light for daily living and hosting alike. The interior has been thoughtfully updated with quality finishes, featuring new cabinetry, contemporary flooring, and clean architectural lines that honor the home's original character while delivering the reliability of a modern remodel. This three-bedroom home offers solid craftsmanship and a refreshed aesthetic. The standout feature of this urban homestead is the massive, fully fenced-in double lot, providing a level of outdoor utility and privacy that is rare for the area. Whether you intend to establish a productive garden, create a secure play space, or simply enjoy the expansive yard, this property offers a unique footprint that single-lot homes cannot match. Located in the 48204 zip code, the home is positioned in a community seeing steady investment and renewed interest. This is a rare opportunity to own a home where the work has been done right by someone who understands the trade. Schedule your private tour today to see the quality for yourself and imagine the possibilities of life on this expansive Detroit homestead.
Key facts
- Open-concept kitchen
- Expansive yard
- Quality finishes
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $145k.
Deal economics
- At list price, monthly cash flow is $132 ($2k/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 $125k (13.8% below list).
- Recommended offer: $125k (13.8% below list) — sets the bar for 1% rule.
- Cap rate 7.4% vs local median 10.2% in Detroit — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
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 25d on market — plan ~3-4 weeks tenant-placement turnaround); 42% 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 43% 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 $15k of equity ($1k loan paydown + $14k 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 $41k cash investment doubles in ~3 years — after that, you're playing with house money.
- By year 3, paydown + projected appreciation supports a ~$39k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 20 days — a 2% lower offer ($143k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts 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 1918 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1918 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.86% ✗
- Cap rate
- 7.39%
- Cash-on-cash
- 3.91%
- DSCR
- 1.17
- GRM
- 9.7
CMA / ARV
- ARV (on-the-fly)
- $67,788
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 9329 Petoskey Ave | 0.10mi | 3/1.0 | 1,097 (+2%) | 7mo | $16,000 | $15 | 86 |
| 9419 Ravenswood St | 0.50mi | 3/1.0 | 1,144 (+6%) | 7mo | $67,500 | $59 | 60 |
| 11387 Broadstreet Ave | 0.52mi | 3/1.0 | 1,004 (-7%) | 9mo | $75,000 | $75 | 57 |
| 9901 Yellowstone St | 0.44mi | 3/1.0 | 937 (-13%) | 3mo | $78,000 | $83 | 55 |
| 11634 Nardin Dr | 0.71mi | 3/1.5 | 1,074 (-0%) | 11mo | $30,000 | $28 | 55 |
| 11405 Yosemite St | 0.64mi | 3/1.0 | 1,000 (-7%) | 4mo | $60,000 | $60 | 55 |
| 9715 Yosemite St | 0.47mi | 2/1.0 (-1) | 1,000 (-7%) | 11mo | $57,000 | $57 | 52 |
| 2947 Glynn Ct | 0.54mi | 3/1.0 | 1,208 (+12%) | 4mo | $105,000 | $87 | 50 |
| 4203 Monterey St | 0.74mi | 3/1.0 | 1,000 (-7%) | 10mo | $40,000 | $40 | 46 |
| 4010 Hazelwood St | 0.33mi | 2/2.0 (-1) | 1,206 (+12%) | 14mo | $80,500 | $67 | 44 |
| 4010 HAZELWOOD St | 0.33mi | 2/2.0 (-1) | 1,206 (+12%) | 14mo | $80,500 | $67 | 44 |
| 11418 Yosemite St | 0.63mi | 3/1.0 | 952 (-12%) | 15mo | $60,000 | $63 | 39 |
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
- IRR
- 27.1%
- Equity multiple
- 3.15×
- Total profit
- $87,272
- Equity at exit
- $130,537
- IRR
- 23.7%
- Equity multiple
- 7.17×
- Total profit
- $250,232
- Equity at exit
- $281,509
Cash invested: $40,572 (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
ZIP-level market 48204
- Home prices YoY
- 18.5%
- Active inventory
- 244
- Price-to-rent
- 9.7×
Monthly cashflow live
- Estimated rent
- $1,249 high interval (Pro) →
- Mortgage (P&I)
- −$760
- Tax from tax record
- −$34 /mo · $407/yr
- Insurance
- −$60
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$262
- Net cashflow
- $132
Break-even live
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
- $36,225
- Closing costs
- $4,347
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 9376 Otsego St Detroit, MI | 3.0 | 1.0 | 873 | $1,396 | $1.60 | 44d | 1 | 0.08mi |
| 3759 Atkinson St Unit 2 Detroit, MI | 2.0 | 1.0 | 919 | $1,200 | $1.31 | 24d | 1 | 0.21mi |
| 3422 Edison St Detroit, MI | 3.0 | 1.0 | 1300 | $1,295 | $1.00 | 17d | 1 | 0.30mi |
| 3295 Rochester St Unit 2 Detroit, MI | 2.0 | 1.0 | 782 | $850 | $1.09 | 44d | 1 | 0.34mi |
| 3295 Rochester St Unit 2 Detroit, MI | 2.0 | 1.0 | 800 | $1,000 | $1.25 | 4d | 1 | 0.34mi |
| 3786 Carter St Unit 2 Detroit, MI | 3.0 | 1.0 | 1400 | $1,100 | $0.79 | 24d | 1 | 0.44mi |
| 3266 Calvert Ave Fl 2 Detroit, MI | 3.0 | 1.0 | 1279 | $1,300 | $1.02 | 24d | 1 | 0.47mi |
| 3226 Calvert Ave Detroit, MI | 3.0 | 1.0 | 1100 | $1,200 | $1.09 | 12d | 1 | 0.50mi |
| 3224 Calvert St Detroit, MI | 3.0 | 1.0 | 1150 | $1,150 | $1.00 | 44d | 1 | 0.50mi |
| 3220 Gladstone St Detroit, MI | 3.0 | 1.0 | 1248 | $1,200 | $0.96 | 44d | 1 | 0.53mi |
| 3757 Blaine St Detroit, MI | 3.0 | 1.0 | 1169 | $1,480 | $1.27 | 17d | 1 | 0.53mi |
| 2925 Calvert St Detroit, MI | 3.0 | 1.0 | 1400 | $1,300 | $0.93 | 17d | 1 | 0.61mi |
| 9789 Chenlot St Unit 1 Detroit, MI | 2.0 | 1.0 | 1000 | $1,000 | $1.00 | 5d | 1 | 0.63mi |
| 11704 Broadstreet Ave Detroit, MI | 3.0 | 1.0 | 1200 | $1,050 | $0.88 | 44d | 1 | 0.63mi |
| 2727 Calvert Ave Unit 1 Detroit, MI | 3.0 | 1.5 | 1350 | $1,200 | $0.89 | 44d | 1 | 0.67mi |
| 4345 W Euclid St Unit 2 Detroit, MI | 3.0 | 1.0 | 1300 | $1,450 | $1.12 | 24d | 1 | 0.67mi |
| 4345 W Euclid St Unit 1 Detroit, MI | 3.0 | 1.0 | 1300 | $1,400 | $1.08 | 24d | 1 | 0.67mi |
| 3259 W Philadelphia St Detroit, MI | 3.0 | 1.0 | 1293 | $1,400 | $1.08 | 17d | 1 | 0.70mi |
| 4915 Maplewood St Detroit, MI | 3.0 | 1.0 | 1324 | $1,100 | $0.83 | 17d | 1 | 0.72mi |
| 2653 Calvert Ave Unit 1 Detroit, MI | 3.0 | 1.0 | 1305 | $1,200 | $0.92 | 44d | 1 | 0.74mi |
| 9917 Woodside St Apt 1 Detroit, MI | 2.0 | 1.0 | 800 | $800 | $1.00 | 44d | 1 | 0.77mi |
| 2634 Lawrence St Detroit, MI | 3.0 | 1.5 | 1388 | $1,600 | $1.15 | 2d | 1 | 0.82mi |
| 3224 Monterey St Unit 2E Detroit, MI | 2.0 | 1.0 | 1200 | $1,350 | $1.12 | 44d | 1 | 0.85mi |
| 2463 Taylor St Detroit, MI | 3.0 | 1.0 | 1350 | $1,100 | $0.81 | 44d | 1 | 0.87mi |
| 4268 Cortland St Unit 1 Detroit, MI | 2.0 | 1.0 | 1000 | $1,050 | $1.05 | 44d | 1 | 0.88mi |
| 2531 Pingree St Unit 2 (FL 2) Detroit, MI | 3.0 | 1.0 | 893 | $1,100 | $1.23 | 2d | 1 | 0.93mi |
| 12019 Stoepel St Detroit, MI | 2.0 | 1.0 | 1000 | $943 | $0.94 | 5d | 1 | 0.97mi |
| 8762 Epworth St Unit 8768 Detroit, MI | 2.0 | 1.0 | 900 | $1,000 | $1.11 | 24d | 1 | 0.98mi |
| 4016 Hogarth St Unit 4018 Hogarth Lower Detroit, MI | 2.0 | 1.0 | 1200 | $1,100 | $0.92 | 3d | 1 | 0.98mi |
| 12032 Santa Rosa Dr Unit 1 Detroit, MI | 3.0 | 1.0 | 900 | $1,423 | $1.58 | 5d | 1 | 1.00mi |
| 2506 W Euclid St Detroit, MI | 3.0 | 1.0 | 1475 | $1,675 | $1.14 | 44d | 1 | 1.01mi |
| 2504 W Euclid St Unit 2506 Detroit, MI | 3.0 | 1.0 | 1475 | $1,675 | $1.14 | 44d | 1 | 1.01mi |
| 2504 W Euclid St Unit 2504 Detroit, MI | 3.0 | 1.0 | 1475 | $1,650 | $1.12 | 44d | 1 | 1.02mi |
| 5101 Oregon St Detroit, MI | 2.0 | 1.0 | 1000 | $1,049 | $1.05 | 44d | 1 | 1.02mi |
| 2254 Taylor St Unit Taylor St unit Detroit, MI | 3.0 | 1.0 | 1307 | $1,550 | $1.19 | 3d | 1 | 1.02mi |
| 2638 Richton St Unit 2638 Richton Upper Detroit, MI | 2.0 | 1.0 | 1000 | $900 | $0.90 | 44d | 1 | 1.07mi |
| 4566 Seebaldt St Detroit, MI | 2.0 | 1.0 | 1200 | $1,250 | $1.04 | 22d | 1 | 1.08mi |
| 2045 Calvert St Detroit, MI | 2.0 | 2.0 | 1400 | $1,600 | $1.14 | 44d | 1 | 1.13mi |
| 2676 Sturtevant St Unit 1 Detroit, MI | 2.0 | 1.0 | 1000 | $1,000 | $1.00 | 24d | 1 | 1.14mi |
| 12663 Stoepel St Detroit, MI | 2.0 | 1.0 | 1100 | $1,050 | $0.95 | 22d | 1 | 1.19mi |
Listing history 6 events
-
2026-04-17status Pending 1568-char remark
Show marketing remark (1568 chars)
Experience the perfect blend of modern functionality and sustainable city living in the heart of Detroit's Petoskey-Otsego (Nardin Park) neighborhood. This property is a meticulously executed 2026 renovation by skilled tradesmen, focused on durability, precision, and attention to detail. This home is a great opportunity to buy the best home available in an up-and-coming neighborhood. Step inside to an inviting open-concept kitchen and living area designed to maximize space and light for daily living and hosting alike. The interior has been thoughtfully updated with quality finishes, featuring new cabinetry, contemporary flooring, and clean architectural lines that honor the home's original character while delivering the reliability of a modern remodel. This three-bedroom home offers solid craftsmanship and a refreshed aesthetic. The standout feature of this urban homestead is the massive, fully fenced-in double lot, providing a level of outdoor utility and privacy that is rare for the area. Whether you intend to establish a productive garden, create a secure play space, or simply enjoy the expansive yard, this property offers a unique footprint that single-lot homes cannot match. Located in the 48204 zip code, the home is positioned in a community seeing steady investment and renewed interest. This is a rare opportunity to own a home where the work has been done right by someone who understands the trade. Schedule your private tour today to see the quality for yourself and imagine the possibilities of life on this expansive Detroit homestead.
-
2026-04-17status Pending
Show marketing remark (1568 chars)
Experience the perfect blend of modern functionality and sustainable city living in the heart of Detroit's Petoskey-Otsego (Nardin Park) neighborhood. This property is a meticulously executed 2026 renovation by skilled tradesmen, focused on durability, precision, and attention to detail. This home is a great opportunity to buy the best home available in an up-and-coming neighborhood. Step inside to an inviting open-concept kitchen and living area designed to maximize space and light for daily living and hosting alike. The interior has been thoughtfully updated with quality finishes, featuring new cabinetry, contemporary flooring, and clean architectural lines that honor the home's original character while delivering the reliability of a modern remodel. This three-bedroom home offers solid craftsmanship and a refreshed aesthetic. The standout feature of this urban homestead is the massive, fully fenced-in double lot, providing a level of outdoor utility and privacy that is rare for the area. Whether you intend to establish a productive garden, create a secure play space, or simply enjoy the expansive yard, this property offers a unique footprint that single-lot homes cannot match. Located in the 48204 zip code, the home is positioned in a community seeing steady investment and renewed interest. This is a rare opportunity to own a home where the work has been done right by someone who understands the trade. Schedule your private tour today to see the quality for yourself and imagine the possibilities of life on this expansive Detroit homestead.
-
2026-04-06historical Accepting Backup Offers 1568-char remark
Show marketing remark (1568 chars)
Experience the perfect blend of modern functionality and sustainable city living in the heart of Detroit's Petoskey-Otsego (Nardin Park) neighborhood. This property is a meticulously executed 2026 renovation by skilled tradesmen, focused on durability, precision, and attention to detail. This home is a great opportunity to buy the best home available in an up-and-coming neighborhood. Step inside to an inviting open-concept kitchen and living area designed to maximize space and light for daily living and hosting alike. The interior has been thoughtfully updated with quality finishes, featuring new cabinetry, contemporary flooring, and clean architectural lines that honor the home's original character while delivering the reliability of a modern remodel. This three-bedroom home offers solid craftsmanship and a refreshed aesthetic. The standout feature of this urban homestead is the massive, fully fenced-in double lot, providing a level of outdoor utility and privacy that is rare for the area. Whether you intend to establish a productive garden, create a secure play space, or simply enjoy the expansive yard, this property offers a unique footprint that single-lot homes cannot match. Located in the 48204 zip code, the home is positioned in a community seeing steady investment and renewed interest. This is a rare opportunity to own a home where the work has been done right by someone who understands the trade. Schedule your private tour today to see the quality for yourself and imagine the possibilities of life on this expansive Detroit homestead.
-
2026-04-06historical Active Under Contract
Show marketing remark (1568 chars)
Experience the perfect blend of modern functionality and sustainable city living in the heart of Detroit's Petoskey-Otsego (Nardin Park) neighborhood. This property is a meticulously executed 2026 renovation by skilled tradesmen, focused on durability, precision, and attention to detail. This home is a great opportunity to buy the best home available in an up-and-coming neighborhood. Step inside to an inviting open-concept kitchen and living area designed to maximize space and light for daily living and hosting alike. The interior has been thoughtfully updated with quality finishes, featuring new cabinetry, contemporary flooring, and clean architectural lines that honor the home's original character while delivering the reliability of a modern remodel. This three-bedroom home offers solid craftsmanship and a refreshed aesthetic. The standout feature of this urban homestead is the massive, fully fenced-in double lot, providing a level of outdoor utility and privacy that is rare for the area. Whether you intend to establish a productive garden, create a secure play space, or simply enjoy the expansive yard, this property offers a unique footprint that single-lot homes cannot match. Located in the 48204 zip code, the home is positioned in a community seeing steady investment and renewed interest. This is a rare opportunity to own a home where the work has been done right by someone who understands the trade. Schedule your private tour today to see the quality for yourself and imagine the possibilities of life on this expansive Detroit homestead.
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2026-03-27$144,900 Active 1568-char remark
Show marketing remark (1568 chars)
Experience the perfect blend of modern functionality and sustainable city living in the heart of Detroit's Petoskey-Otsego (Nardin Park) neighborhood. This property is a meticulously executed 2026 renovation by skilled tradesmen, focused on durability, precision, and attention to detail. This home is a great opportunity to buy the best home available in an up-and-coming neighborhood. Step inside to an inviting open-concept kitchen and living area designed to maximize space and light for daily living and hosting alike. The interior has been thoughtfully updated with quality finishes, featuring new cabinetry, contemporary flooring, and clean architectural lines that honor the home's original character while delivering the reliability of a modern remodel. This three-bedroom home offers solid craftsmanship and a refreshed aesthetic. The standout feature of this urban homestead is the massive, fully fenced-in double lot, providing a level of outdoor utility and privacy that is rare for the area. Whether you intend to establish a productive garden, create a secure play space, or simply enjoy the expansive yard, this property offers a unique footprint that single-lot homes cannot match. Located in the 48204 zip code, the home is positioned in a community seeing steady investment and renewed interest. This is a rare opportunity to own a home where the work has been done right by someone who understands the trade. Schedule your private tour today to see the quality for yourself and imagine the possibilities of life on this expansive Detroit homestead.
-
2026-03-27$144,900 Active
Show marketing remark (1568 chars)
Experience the perfect blend of modern functionality and sustainable city living in the heart of Detroit's Petoskey-Otsego (Nardin Park) neighborhood. This property is a meticulously executed 2026 renovation by skilled tradesmen, focused on durability, precision, and attention to detail. This home is a great opportunity to buy the best home available in an up-and-coming neighborhood. Step inside to an inviting open-concept kitchen and living area designed to maximize space and light for daily living and hosting alike. The interior has been thoughtfully updated with quality finishes, featuring new cabinetry, contemporary flooring, and clean architectural lines that honor the home's original character while delivering the reliability of a modern remodel. This three-bedroom home offers solid craftsmanship and a refreshed aesthetic. The standout feature of this urban homestead is the massive, fully fenced-in double lot, providing a level of outdoor utility and privacy that is rare for the area. Whether you intend to establish a productive garden, create a secure play space, or simply enjoy the expansive yard, this property offers a unique footprint that single-lot homes cannot match. Located in the 48204 zip code, the home is positioned in a community seeing steady investment and renewed interest. This is a rare opportunity to own a home where the work has been done right by someone who understands the trade. Schedule your private tour today to see the quality for yourself and imagine the possibilities of life on this expansive Detroit homestead.
ⓘ 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
- $407 · $34/mo
- Projected year-2 tax
- $1,319 · $110/mo
- Expected delta
- +$912/yr (+$76/mo · 223.9%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 4/10 Moderate FEMA zone X (unshaded) · 20% 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 4/10 Moderate 4 unhealthy d/yr today · 6 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
- $14,985
- − Mortgage interest
- −$8,117
- − Property taxes
- −$407
- − Insurance
- −$724
- − Repairs & maintenance
- −$1,199
- − Management
- −$1,199
- − Depreciation
- −$4,215
- Taxable loss
- −$876
- Est. tax savings @ 24.0%
- +$210
- After-tax cash flow
- $1,798/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
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
- 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 |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
+0.0% since first listed6 events — show timeline
- 2026-04-17 Pending — MiRealSource-MiMLS
- 2026-04-17 Pending — REALCOMP
- 2026-04-06 Contingent — MiRealSource-MiMLS
- 2026-04-06 Contingent — REALCOMP
- 2026-03-27 Listed $144,900 REALCOMP
- 2026-03-27 Listed $144,900 MiRealSource-MiMLS
Property tax history
+4.9%/yrLatest (2025): $407 · +69.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…