2 Bed 2 Bath Single Section Plan · Bruce, MI
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- 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.
- 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
- 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
- IRR
- 79.9%
- Equity multiple
- 4.66×
- Total profit
- $42,906
- Equity at exit
- $6,247
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-18days on market $41,900 Active 387 DOM
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2026-06-17days on market $41,900 Active 386 DOM
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2026-06-16days on market $41,900 Active 385 DOM
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2026-06-15days on market $41,900 Active 384 DOM
-
2026-06-13days on market $41,900 Active 382 DOM
-
2026-06-09days on market $41,900 Active 378 DOM
-
2026-06-08days on market $41,900 Active 377 DOM
-
2026-06-07days on market $41,900 Active 376 DOM
-
2026-06-04days on market $41,900 Active 373 DOM
-
2026-06-03days on market $41,900 Active 372 DOM
-
2026-06-02days on market $41,900 Active 371 DOM
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2026-06-01days on market $41,900 Active 370 DOM
-
2026-05-31days on market $41,900 Active 369 DOM
-
2026-03-06status 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!
-
2026-03-06price $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!
-
2026-02-15historical 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!
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2026-01-08price $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!
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2025-12-10price $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!
-
2025-12-03status 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!
-
2025-12-03historical 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!
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2025-11-30price $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!
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2025-11-09price $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!
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2025-11-01price $43,900 927-char remark
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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!
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2025-10-18price $57,900 927-char remark
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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!
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2025-09-09status Active 927-char remark
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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!
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2025-09-09price $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!
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2025-02-28historical 927-char remark
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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!
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2025-02-25price $33,900 927-char remark
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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!
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2025-01-22price $67,900 927-char remark
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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!
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2024-10-27price $78,900 927-char remark
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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!
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2024-10-25$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
- 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
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 item | Severity | Est. 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 |
|---|---|---|
| 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
-36.4% since first listed18 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
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…