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2 Bed 2 Bath Single Section Plan
B- Composite 68.75
Why this score? — see what drove the B- 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
  • ARV discount +7.5/15.0
  • Schools +4.2/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.0/5.0
  • Appreciation +0.0/10.0

$41,900

2 Bed 2 Bath Single Section Plan · Bruce, MI 48065
2 bd · 2.0 ba · 1,120 sqft · Manufactured · 387 Days on market
Fair condition $37/sqft · 109% above area ↓ 36% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

Key facts

  • Community amenities
  • Pet-friendly spaces
  • Listed 387 days

Tags

TRANQUILITY IN ORCHARDSTOP-RATED SCHOOLS NEARBYSTONEY CREEK METROPARKCOMMUNITY AMENITIESPET-FRIENDLY SPACES

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 2-bed/2.0-bath manufactured listed at $42k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $780 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $42k).
  • Recommended offer: $37k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • Romeo Community Schools (suburban): math 43% / reading 51% proficiency, ranked #102 of 540 in MI (top 19%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 87 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 73% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,321 units permitted in Macomb County in 2024 (86 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $290 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
  • Macomb County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $12k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 387 days — a 12% lower offer ($37k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 2y ago; this cycle's ask has dropped $24k (36%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $36,872 (12.0% below list)

Questions for the listing agent

  1. It's been on market 387 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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
3.23%
Cap rate
28.63%
Cash-on-cash
79.78%
DSCR
4.55
GRM
2.6

CMA / ARV

ARV (median comp)
$20,000
List price
$41,900
Delta
109.50%
Verdict
OVERPRICED
Comps
1 within 2.0 mi
Show comp detail 4 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
11723 Cascade Cir 0.09mi 3/2.0 (+1) 1,196 (+7%) 22mo $25,000 $21 61
11723 Cascade Cir 0.09mi 3/2.0 (+1) 1,196 (+7%) 22mo $25,000 $21 61
11745 Cascade Cir 0.11mi 3/2.0 (+1) 980 (-12%) 23mo $25,000 $26 50
11745 Cascade Cir 0.11mi 3/2.0 (+1) 980 (-12%) 23mo $25,000 $26 50

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

Projected returns pro-forma

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

5-year hold
IRR
79.9%
Equity multiple
4.66×
Total profit
$42,906
Equity at exit
$6,247
10-year hold
IRR
83.4%
Equity multiple
9.64×
Total profit
$101,410
Equity at exit
$3,623

Cash invested: $11,732 (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 48065

Active inventory
87
Price-to-rent
2.6×

Monthly cashflow live

Estimated rent
$1,354 high interval (Pro) →
Mortgage (P&I)
$220
Tax est. 1.5%
$52 /mo · $628/yr
Insurance
$17
HOA
$0
Vacancy / Maint / Mgmt
$284
Net cashflow
$780

Break-even live

Break-even rent $367
Max offer price $41,900
Occupancy floor 37%

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
$10,475
Closing costs
$1,257
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 11 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
11981 Springbrook Ct Unit 10 Bruce Township, MI 2.0 2.0 960 $1,269 $1.32 20d 1 0.06mi
11975 Creekview Ave Unit 218 Bruce Township, MI 2.0 2.0 1120 $1,299 $1.16 43d 1 0.12mi
11747 Cascade Cir Unit 92 Bruce Township, MI 3.0 2.0 1152 $1,379 $1.20 43d 1 0.12mi
71580 Penny Ct Unit 253 Bruce Township, MI 3.0 2.0 1216 $1,219 $1.00 14d 1 0.16mi
11827 Cascade Cir Unit 4 Bruce Township, MI 3.0 2.0 1056 $1,299 $1.23 43d 1 0.17mi
12556 Margaret Ct Unit 287 Bruce Township, MI 3.0 2.0 1152 $1,569 $1.36 5d 1 0.35mi
324 E Saint Clair St Romeo, MI 2.0 1.5 1200 $1,550 $1.29 43d 1 1.28mi
308 E Washington St Romeo, MI 2.0 2.0 1350 $2,400 $1.78 43d 1 1.42mi
145 Spring St Romeo, MI 2.0 2.5 1400 $1,800 $1.29 43d 1 1.44mi
149 Spring St Romeo, MI 2.0 2.5 1400 $1,800 $1.29 43d 1 1.44mi
153 Spring St Romeo, MI 2.0 2.5 1450 $1,800 $1.24 43d 1 1.46mi

Listing history 31 events

  1. 2026-06-18
    days on market $41,900 Active 387 DOM
  2. 2026-06-17
    days on market $41,900 Active 386 DOM
  3. 2026-06-16
    days on market $41,900 Active 385 DOM
  4. 2026-06-15
    days on market $41,900 Active 384 DOM
  5. 2026-06-13
    days on market $41,900 Active 382 DOM
  6. 2026-06-09
    days on market $41,900 Active 378 DOM
  7. 2026-06-08
    days on market $41,900 Active 377 DOM
  8. 2026-06-07
    days on market $41,900 Active 376 DOM
  9. 2026-06-04
    days on market $41,900 Active 373 DOM
  10. 2026-06-03
    days on market $41,900 Active 372 DOM
  11. 2026-06-02
    days on market $41,900 Active 371 DOM
  12. 2026-06-01
    days on market $41,900 Active 370 DOM
  13. 2026-05-31
    days on market $41,900 Active 369 DOM
  14. 2026-03-06
    status Active 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  15. 2026-03-06
    price $41,900 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  16. 2026-02-15
    historical 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  17. 2026-01-08
    price $38,900 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  18. 2025-12-10
    price $39,900 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  19. 2025-12-03
    status Active 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  20. 2025-12-03
    historical 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  21. 2025-11-30
    price $42,900 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  22. 2025-11-09
    price $69,900 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  23. 2025-11-01
    price $43,900 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  24. 2025-10-18
    price $57,900 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  25. 2025-09-09
    status Active 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  26. 2025-09-09
    price $43,900 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  27. 2025-02-28
    historical 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  28. 2025-02-25
    price $33,900 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  29. 2025-01-22
    price $67,900 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  30. 2024-10-27
    price $78,900 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

  31. 2024-10-25
    listed $65,900 Active 927-char remark
    Show marketing remark (927 chars)

    Experience Springbrook Estates - Serene living, minutes from conveniences. Nestled in picturesque orchards, find tranquility with easy access to dining, shopping, and entertainment. Top-rated schools in Romeo School District await families, while Stoney Creek Metropark beckons outdoor enthusiasts. Conveniently located off State Route 53, golfers will adore nearby courses like Bruce Hills Public Golf Course and Greystone Golf Club. Our fantastic amenities include a basketball court, community center, hiking trails, and a sparkling pool. Enjoy a close-knit community with organized activities, pet-friendly spaces, and a playground. At Springbrook Estates, we're more than a place to live; we're a caring community. On-site teams ensure comfort, a sales office simplifies your home-buying journey, and winter worries disappear with snow removal. Discover Springbrook Estates, your ideal Romeo haven. Schedule a visit today!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$16,246
− Mortgage interest
−$2,347
− Property taxes
−$628
− Insurance
−$210
− Repairs & maintenance
−$1,300
− Management
−$1,300
− Depreciation
−$1,219
Taxable income
$9,242
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,218
After-tax cash flow
$7,141/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.

Condition & rehab AI · 1 photo

Fair 40/100 Cosmetic rehab

This single-section manufactured home requires minor cosmetic repairs and maintenance, with painting and landscaping being the highest-ROI updates to increase its resale and rental value.

Repairs flagged

  • Minor Paint — Slight discoloration on siding
  • Minor Landscaping — Minimal landscaping

Value-add opportunities

  • Both Paint exterior — Enhances curb appeal and resale value
  • Both Landscaping — Improves curb appeal and rental value

Renovation cost estimate screening

Repair itemSeverityEst. cost
Paint · Slight discoloration on siding Minor $500–3,000
Landscaping · Minimal landscaping Minor $500–3,000
Total estimated repair cost · 2 items $1,000–6,000

Value-add ROI direction

  • Both Paint exterior — Enhances curb appeal and resale value
  • Both Landscaping — Improves curb appeal and rental value

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Romeo Community Schools
NCES district ID
2630090
Math proficiency
43% ▼ -5.00%
Reading proficiency
51% ▼ -8.00%
Median HH income
$73,121
Composite
42.48/100
National rank
#3212
State rank
#102 of 540 in MI

Livability — Bruce

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Population (ZIP)
11,344

Population outlook (Macomb County) Hauer SSP2

Today (2025)
925,296 people
By 2030
948,226 · +2.5%
By 2040
983,961 · +6.3%
By 2050
1,010,200 · +9.2%
By 2075
1,076,222 · +16.3%
By 2100
1,077,065 · +16.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (91%)
Race & ethnicity
White 91% Hispanic / Latino 5% Two or more races 4%
Common ancestry
Romanian 14% Lithuanian 4% Slovak 4%
Foreign-born
4% · Canada
Languages at home
95% English-only · Spanish 3% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Macomb

2024 margin
R (+13.7) · D 42.2% · R 55.9% · Other 1.9%
2008→2024 swing
-22.3pp toward R · 2008: 8.6pp · 2024: -13.7pp
All cycles
2024: R+13.7 2020: R+8.1 2016: R+11.6 2012: D+4.0 2008: D+8.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -252.70%
Current HPI
214.524
Rent YoY
Metro
State GDP YoY
▲ 1.37%
F500 in state
28

Industry mix (Fortune 500 HQ in MI)

Industry F500 HQs Revenue

Price history

-36.4% since first listed
18 events — show timeline
  • 2026-03-06 Price Changed $41,900 Zillow
  • 2026-03-06 Relisted Zillow
  • 2026-02-15 Delisted Zillow
  • 2026-01-08 Price Changed $38,900 Zillow
  • 2025-12-10 Price Changed $39,900 Zillow
  • 2025-12-03 Relisted Zillow
  • 2025-12-03 Delisted Zillow
  • 2025-11-30 Price Changed $42,900 Zillow
  • 2025-11-09 Price Changed $69,900 Zillow
  • 2025-11-01 Price Changed $43,900 Zillow
  • 2025-10-18 Price Changed $57,900 Zillow
  • 2025-09-09 Price Changed $43,900 Zillow
  • 2025-09-09 Relisted Zillow
  • 2025-02-28 Delisted Zillow
  • 2025-02-25 Price Changed $33,900 Zillow
  • 2025-01-22 Price Changed $67,900 Zillow
  • 2024-10-27 Price Changed $78,900 Zillow
  • 2024-10-25 Listed $65,900 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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