18680 Westphalia St · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- 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 96°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 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 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 +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +3.7/5.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$78,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
New opportunity for buyers looking to own a well-built home at an affordable price. This four-bedroom, one-bath brick house offers plenty of space and potential for those ready to make it their own. The main level features hardwood floors, a bright living area, two bedrooms, and a full bath. Upstairs you'll find two additional carpeted bedrooms along with an open loft area that could easily serve as a home office, playroom, or even a fifth bedroom if more space is needed. The unfinished basement provides two large sections plus a separate utility and storage area, offering room for future finishing or added functionality. The property is being sold as-is and the seller will install a new furnace and hot water tank once under contract and prior to closing. With some updates and personal touches, this home can become a comfortable primary residence or great investment property, offering the chance to build long-term equity in a steadily improving area of Detroit's east side. Schedule your showing today.
Key facts
- Bright living area
- Unfinished basement
- Open loft area
Tags
Property features AI
Exterior
- Parking: Detached 1-car garage
- Utilities: Public water; Public sewer
- Home design: Single-family residence; Two levels; Ground-level entry with steps
- Construction: Brick construction; Brick/mortar foundation; Built above grade finished area approximately 1,247
- Exterior features: Paved road access; Asphalt roof
Interior
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating (natural gas); No cooling system
- Interior features: Unfinished basement; Total of 8 rooms
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.0-bath single-family listed at $78k.
Deal economics
- At list price, monthly cash flow is $637 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $78k).
- Recommended offer: $69k (12.0% below list) — sets the bar for market timing.
- Cap rate 16.1% 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: Rents rising (+1.3%/yr); 373 active listings in the ZIP; 37 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).
- At $1,475/mo this rent would consume 45% of the median local household income ($39k/yr) (locally 2121% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $539 of loan paydown is wiped out by about $2k 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.
- At projected returns (-3.0% appreciation + 1.3% rent growth), your $22k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 134 days — a 12% lower offer ($69k) is reasonable based on typical stale-listing flexibility.
- 14 sale attempts since 17y 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 1929 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 134 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1929 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 1.89% ✓
- Cap rate
- 16.10%
- Cash-on-cash
- 35.01%
- DSCR
- 2.56
- GRM
- 4.4
CMA / ARV
- ARV (on-the-fly)
- $64,844
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 18680 Westphalia St | 0.00mi | 4/1.0 | 1,247 (0%) | 0mo | $75,000 | $60 | 100 |
| 18652 Goulburn St | 0.07mi | 4/1.0 | 1,200 (-4%) | 2mo | $23,000 | $19 | 89 |
| 18631 Fairport St | 0.05mi | 3/1.5 (-1) | 1,173 (-6%) | 6mo | $9,000 | $8 | 76 |
| 18488 Fairport St | 0.13mi | 4/2.0 | 1,066 (-14%) | 7mo | $83,000 | $78 | 60 |
| 13830 Eastwood St | 0.52mi | 3/1.5 (-1) | 1,300 (+4%) | 6mo | $68,000 | $52 | 57 |
| 11821 Greiner St | 0.63mi | 4/1.5 | 1,198 (-4%) | 7mo | $26,000 | $22 | 56 |
| 18430 Alcoy St | 0.25mi | 3/1.0 (-1) | 1,064 (-15%) | 7mo | $18,000 | $17 | 53 |
| 19360 Strasburg St | 0.47mi | 3/1.5 (-1) | 1,340 (+8%) | 8mo | $105,000 | $78 | 52 |
| 19230 Mapleview St | 0.52mi | 3/2.0 (-1) | 1,160 (-7%) | 7mo | $65,000 | $56 | 50 |
| 19521 Strasburg St | 0.56mi | 4/1.5 | 1,381 (+11%) | 6mo | $135,000 | $98 | 48 |
| 19940 Westphalia St | 0.74mi | 3/1.0 (-1) | 1,114 (-11%) | 0mo | $30,000 | $27 | 42 |
| 19753 Westphalia St | 0.61mi | 3/1.0 (-1) | 1,070 (-14%) | 7mo | $30,000 | $28 | 37 |
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
- IRR
- 28.7%
- Equity multiple
- 2.17×
- Total profit
- $25,525
- Equity at exit
- $11,630
- IRR
- 35.1%
- Equity multiple
- 3.97×
- Total profit
- $64,878
- Equity at exit
- $6,744
Cash invested: $21,840 (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 48205
- Home prices YoY
- -28.1%
- Rents YoY
- 1.3%
- Active inventory
- 373
- Price-to-rent
- 4.4×
Monthly cashflow live
- Estimated rent
- $1,475 high interval (Pro) →
- Mortgage (P&I)
- −$409
- Tax from tax record
- −$87 /mo · $1,040/yr
- Insurance
- −$32
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$310
- Net cashflow
- $637
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
- $19,500
- Closing costs
- $2,340
- 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 37 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 18624 Fairport St Unit NA Detroit, MI | 3.0 | 1.0 | 924 | $1,450 | $1.57 | 24d | 1 | 0.07mi |
| 18624 Fairport St Detroit, MI | 3.0 | 1.0 | 874 | $1,450 | $1.66 | 22d | 1 | 0.07mi |
| 18681 Barlow St Detroit, MI | 3.0 | 1.0 | 1041 | $1,400 | $1.34 | 24d | 1 | 0.22mi |
| 19143 Fairport St Detroit, MI | 3.0 | 1.0 | 1070 | $1,225 | $1.14 | 17d | 1 | 0.24mi |
| 19170 Joann St Detroit, MI | 4.0 | 1.0 | 1020 | $1,400 | $1.37 | 44d | 1 | 0.29mi |
| 19207 Westphalia St Detroit, MI | 4.0 | 1.0 | 1179 | $1,800 | $1.53 | 17d | 1 | 0.30mi |
| 19220 Alcoy St Detroit, MI | 3.0 | 1.0 | 1023 | $1,350 | $1.32 | 17d | 1 | 0.36mi |
| 13218 Greiner St Detroit, MI | 3.0 | 1.0 | 1162 | $1,195 | $1.03 | 18d | 1 | 0.36mi |
| 19419 Westphalia St Detroit, MI | 3.0 | 1.0 | 1293 | $1,325 | $1.02 | 17d | 1 | 0.43mi |
| 17851 Strasburg St Detroit, MI | 3.0 | 1.0 | 1079 | $1,100 | $1.02 | 17d | 1 | 0.51mi |
| 19610 Westphalia St Detroit, MI | 3.0 | 1.0 | 1200 | $1,595 | $1.33 | 18d | 1 | 0.55mi |
| 13669 Pfent St Detroit, MI | 3.0 | 2.0 | 1031 | $1,374 | $1.33 | 17d | 1 | 0.59mi |
| 18431 Teppert St Detroit, MI | 4.0 | 1.0 | 1200 | $1,400 | $1.17 | 2d | 1 | 0.86mi |
| 20027 Alcoy St Detroit, MI | 3.0 | 1.0 | 1000 | $1,349 | $1.35 | 17d | 1 | 0.86mi |
| 17241 Rowe St Detroit, MI | 3.0 | 1.5 | 1316 | $1,450 | $1.10 | 17d | 1 | 0.88mi |
| 20091 Barlow St Detroit, MI | 3.0 | 1.0 | 930 | $1,300 | $1.40 | 17d | 1 | 0.93mi |
| 14481 Maddelein St Detroit, MI | 3.0 | 1.0 | 1200 | $1,100 | $0.92 | 44d | 1 | 0.98mi |
| 14461 Lappin St Detroit, MI | 3.0 | 1.5 | 989 | $1,150 | $1.16 | 17d | 1 | 0.99mi |
| 20227 Pelkey St Detroit, MI | 3.0 | 1.0 | 968 | $1,350 | $1.39 | 17d | 1 | 1.02mi |
| 14201 Mayfield St Detroit, MI | 4.0 | 1.5 | 1296 | $1,250 | $0.96 | 44d | 1 | 1.02mi |
| 20242 Hickory St Detroit, MI | 3.0 | 1.0 | 747 | $1,300 | $1.74 | 11d | 1 | 1.02mi |
| 20296 Waltham St Detroit, MI | 3.0 | 1.5 | 986 | $1,300 | $1.32 | 17d | 1 | 1.04mi |
| 14504 Coram St Detroit, MI | 3.0 | 1.0 | 1203 | $1,175 | $0.98 | 24d | 1 | 1.05mi |
| 11785 Nashville St Detroit, MI | 3.0 | 2.0 | 1360 | $1,450 | $1.07 | 4d | 1 | 1.06mi |
| 11700 Engleside St Detroit, MI | 3.0 | 1.0 | 1000 | $1,175 | $1.18 | 44d | 1 | 1.09mi |
| 11760 Nashville St Detroit, MI | 3.0 | 1.0 | 1200 | $1,250 | $1.04 | 17d | 1 | 1.10mi |
| 13693 Edmore Dr Detroit, MI | 3.0 | 1.5 | 1269 | $1,550 | $1.22 | 11d | 1 | 1.12mi |
| 20290 Annott St Detroit, MI | 3.0 | 1.0 | 1300 | $1,250 | $0.96 | 17d | 1 | 1.15mi |
| 20553 Hamburg St Detroit, MI | 3.0 | 1.0 | 1074 | $1,300 | $1.21 | 4d | 1 | 1.16mi |
| 12807 Coleen Ave Warren, MI | 3.0 | 1.0 | 1080 | $1,250 | $1.16 | 24d | 1 | 1.26mi |
| 12846 Georgiana Ave Warren, MI | 3.0 | 1.0 | 912 | $1,300 | $1.43 | 24d | 1 | 1.29mi |
| 14134 Collingham Dr Detroit, MI | 3.0 | 1.5 | 1300 | $1,350 | $1.04 | 44d | 1 | 1.31mi |
| 14068 Carlisle St Detroit, MI | 3.0 | 1.0 | 1020 | $1,300 | $1.27 | 24d | 1 | 1.32mi |
| 15010 Cedargrove St Detroit, MI | 3.0 | 1.5 | 1018 | $1,350 | $1.33 | 44d | 1 | 1.34mi |
| 11074 Kennebec St Detroit, MI | 3.0 | 1.0 | 1200 | $1,350 | $1.12 | 44d | 1 | 1.36mi |
| 12840 Kilbourne St Detroit, MI | 3.0 | 1.0 | 1136 | $1,350 | $1.19 | 18d | 1 | 1.40mi |
| 15000 Mayfield St Detroit, MI | 3.0 | 1.0 | 1146 | $970 | $0.85 | 17d | 1 | 1.43mi |
Listing history 33 events
-
2026-04-30historical Accepting Backup Offers 1016-char remark
Show marketing remark (1016 chars)
New opportunity for buyers looking to own a well-built home at an affordable price. This four-bedroom, one-bath brick house offers plenty of space and potential for those ready to make it their own. The main level features hardwood floors, a bright living area, two bedrooms, and a full bath. Upstairs you'll find two additional carpeted bedrooms along with an open loft area that could easily serve as a home office, playroom, or even a fifth bedroom if more space is needed. The unfinished basement provides two large sections plus a separate utility and storage area, offering room for future finishing or added functionality. The property is being sold as-is and the seller will install a new furnace and hot water tank once under contract and prior to closing. With some updates and personal touches, this home can become a comfortable primary residence or great investment property, offering the chance to build long-term equity in a steadily improving area of Detroit's east side. Schedule your showing today.
-
2026-04-30historical Active Under Contract
Show marketing remark (1016 chars)
New opportunity for buyers looking to own a well-built home at an affordable price. This four-bedroom, one-bath brick house offers plenty of space and potential for those ready to make it their own. The main level features hardwood floors, a bright living area, two bedrooms, and a full bath. Upstairs you'll find two additional carpeted bedrooms along with an open loft area that could easily serve as a home office, playroom, or even a fifth bedroom if more space is needed. The unfinished basement provides two large sections plus a separate utility and storage area, offering room for future finishing or added functionality. The property is being sold as-is and the seller will install a new furnace and hot water tank once under contract and prior to closing. With some updates and personal touches, this home can become a comfortable primary residence or great investment property, offering the chance to build long-term equity in a steadily improving area of Detroit's east side. Schedule your showing today.
-
2026-01-12$78,000 Active
Show marketing remark (1016 chars)
New opportunity for buyers looking to own a well-built home at an affordable price. This four-bedroom, one-bath brick house offers plenty of space and potential for those ready to make it their own. The main level features hardwood floors, a bright living area, two bedrooms, and a full bath. Upstairs you'll find two additional carpeted bedrooms along with an open loft area that could easily serve as a home office, playroom, or even a fifth bedroom if more space is needed. The unfinished basement provides two large sections plus a separate utility and storage area, offering room for future finishing or added functionality. The property is being sold as-is and the seller will install a new furnace and hot water tank once under contract and prior to closing. With some updates and personal touches, this home can become a comfortable primary residence or great investment property, offering the chance to build long-term equity in a steadily improving area of Detroit's east side. Schedule your showing today.
-
2026-01-12$78,000 Active 1016-char remark
Show marketing remark (1016 chars)
New opportunity for buyers looking to own a well-built home at an affordable price. This four-bedroom, one-bath brick house offers plenty of space and potential for those ready to make it their own. The main level features hardwood floors, a bright living area, two bedrooms, and a full bath. Upstairs you'll find two additional carpeted bedrooms along with an open loft area that could easily serve as a home office, playroom, or even a fifth bedroom if more space is needed. The unfinished basement provides two large sections plus a separate utility and storage area, offering room for future finishing or added functionality. The property is being sold as-is and the seller will install a new furnace and hot water tank once under contract and prior to closing. With some updates and personal touches, this home can become a comfortable primary residence or great investment property, offering the chance to build long-term equity in a steadily improving area of Detroit's east side. Schedule your showing today.
-
2026-01-12historical
Show marketing remark (1016 chars)
New opportunity for buyers looking to own a well-built home at an affordable price. This four-bedroom, one-bath brick house offers plenty of space and potential for those ready to make it their own. The main level features hardwood floors, a bright living area, two bedrooms, and a full bath. Upstairs you'll find two additional carpeted bedrooms along with an open loft area that could easily serve as a home office, playroom, or even a fifth bedroom if more space is needed. The unfinished basement provides two large sections plus a separate utility and storage area, offering room for future finishing or added functionality. The property is being sold as-is and the seller will install a new furnace and hot water tank once under contract and prior to closing. With some updates and personal touches, this home can become a comfortable primary residence or great investment property, offering the chance to build long-term equity in a steadily improving area of Detroit's east side. Schedule your showing today.
-
2026-01-12historical
Show marketing remark (1016 chars)
New opportunity for buyers looking to own a well-built home at an affordable price. This four-bedroom, one-bath brick house offers plenty of space and potential for those ready to make it their own. The main level features hardwood floors, a bright living area, two bedrooms, and a full bath. Upstairs you'll find two additional carpeted bedrooms along with an open loft area that could easily serve as a home office, playroom, or even a fifth bedroom if more space is needed. The unfinished basement provides two large sections plus a separate utility and storage area, offering room for future finishing or added functionality. The property is being sold as-is and the seller will install a new furnace and hot water tank once under contract and prior to closing. With some updates and personal touches, this home can become a comfortable primary residence or great investment property, offering the chance to build long-term equity in a steadily improving area of Detroit's east side. Schedule your showing today.
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2025-11-03$80,000 Active
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2025-11-03$80,000 Active
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2022-02-14soldstatus $90,000
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2021-03-08soldstatus $40,000 Sold
-
2021-03-08soldstatus $40,000 Closed
-
2021-03-05status Pending
-
2021-03-05status Pending
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2021-02-08$50,000 Active
-
2021-02-08$50,000 Active
-
2010-03-26soldstatus $2,200
-
2010-03-26soldstatus $2,200
-
2010-02-17historical
-
2010-02-12$2,000
-
2010-02-12$2,000
-
2010-02-12historical
-
2009-09-24historical
-
2009-08-21$3,000
-
2009-08-21$3,000
-
2009-08-21historical
-
2009-08-21historical
-
2009-03-20$4,500
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2009-03-20$4,500
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2009-03-20historical
-
2009-03-20historical
-
2009-02-27$4,500
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2009-02-27$4,500
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2005-02-23soldstatus $86,000
ⓘ 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
- $1,040 · $87/mo
- Projected year-2 tax
- $1,121 · $93/mo
- Expected delta
- +$80/yr (+$7/mo · 7.7%)
ⓘ 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 ≥96°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
- $17,704
- − Mortgage interest
- −$4,369
- − Property taxes
- −$1,040
- − Insurance
- −$390
- − Repairs & maintenance
- −$1,416
- − Management
- −$1,416
- − Depreciation
- −$2,269
- Taxable income
- $6,803
- Est. tax owed @ 24.0%
- −$1,633
- After-tax cash flow
- $6,015/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)
- 34,187
- Household income
- $38,966
- Rent vs 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 |
|
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Price history
-9.3% since first listed33 events — show timeline
- 2026-04-30 Contingent — MiRealSource-MiMLS
- 2026-04-30 Contingent — REALCOMP
- 2026-01-12 Listed $78,000 REALCOMP
- 2026-01-12 Listing Removed — MiRealSource-MiMLS
- 2026-01-12 Listing Removed — REALCOMP
- 2026-01-12 Listed $78,000 MiRealSource-MiMLS
- 2025-11-03 Listed $80,000 REALCOMP
- 2025-11-03 Listed $80,000 MiRealSource-MiMLS
- 2022-02-14 Sold (Public Records) $90,000 Public Records
- 2021-03-08 Sold (MLS) $40,000 MiRealSource-MiMLS
- 2021-03-08 Sold (MLS) $40,000 REALCOMP
- 2021-03-05 Pending — MiRealSource-MiMLS
- 2021-03-05 Pending — REALCOMP
- 2021-02-08 Listed $50,000 MiRealSource-MiMLS
- 2021-02-08 Listed $50,000 REALCOMP
- 2010-03-26 Sold (MLS) $2,200 MiRealSource-MiMLS
- 2010-03-26 Sold (MLS) $2,200 REALCOMP
- 2010-02-17 Listing Removed — MiRealSource-MiMLS
- 2010-02-12 Listing Removed — REALCOMP
- 2010-02-12 Listed $2,000 MiRealSource-MiMLS
- 2010-02-12 Listed $2,000 REALCOMP
- 2009-09-24 Listing Removed — MiRealSource-MiMLS
- 2009-08-21 Listing Removed — REALCOMP
- 2009-08-21 Listing Removed — MiRealSource-MiMLS
- 2009-08-21 Listed $3,000 MiRealSource-MiMLS
- 2009-08-21 Listed $3,000 REALCOMP
- 2009-03-20 Listing Removed — REALCOMP
- 2009-03-20 Listing Removed — MiRealSource-MiMLS
- 2009-03-20 Listed $4,500 REALCOMP
- 2009-03-20 Listed $4,500 MiRealSource-MiMLS
- 2009-02-27 Listed $4,500 REALCOMP
- 2009-02-27 Listed $4,500 MiRealSource-MiMLS
- 2005-02-23 Sold (Public Records) $86,000 Public Records
Property tax history
-3.1%/yrLatest (2025): $1,040 · -8.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…