CashFlowRE
Sign in Sign up
19700 Goddard St
C Composite 58.9
Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +28.8/30.0
  • DSCR +10.0/10.0
  • 1% rule +8.4/10.0
  • Rent growth +4.2/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$100,000

19700 Goddard St · Detroit, MI 48234
3 bd · 1.0 ba · 1,046 sqft · SingleFamily public records · 28 Days on market
Built 1948 6,098 sqft lot Est $72k · 39% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Back on Market! The single-family residence at 19700 Goddard ST, Detroit, MI, offers a unique opportunity to own a piece of the city, presenting an inviting canvas ready for your personal touch. Built in 1948, this property has been remodeled in 2025. With three bedrooms, this residence provides ample space for rest and rejuvenation, envision the possibilities for creating personalized sanctuaries within each of these rooms. Each room offers a private space to unwind and recharge. This property, beckons with the promise of a comfortable and fulfilling lifestyle. Si te interesa esta u otra casa llamanos, todo nuestro equipo espanol de principio a fin!

Key facts

  • 6,098 sq ft lot
  • Garage
  • Built 1948

Property features AI

Exterior

  • Parking: Detached garage (about 1.5 car)
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; Two-story; Ground-level entry with steps
  • Construction: Brick construction; Block foundation
  • Exterior features: Paved road access; Lot approximately 0.14 acres (50 x 120)

Interior

  • Bedrooms: 3 total rooms (includes bedrooms and other rooms)
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Forced air heating (natural gas); No central cooling
  • Interior features: Partially finished basement; Basement present

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 3-bed/1.0-bath single-family listed at $100k.

Deal economics

  • At list price, monthly cash flow is $337 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $100k).
  • Recommended offer: $98k (1.5% below list) — sets the bar for market timing.

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 fast (+6.7%/yr); 227 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 $1,343/mo this rent would consume 46% of the median local household income ($35k/yr) (locally 2372% 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 $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 6.7% rent growth), your $28k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 28 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
  • 22 sale attempts since 10y 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.
  • Current owner paid $60k; list at $100k implies a 67% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $98,500 (1.5% below list)

Questions for the listing agent

  1. Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.34%
Cap rate
10.34%
Cash-on-cash
14.46%
DSCR
1.64
GRM
6.2

CMA / ARV

ARV (on-the-fly)
$72,174
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
19662 Charest St 0.30mi 3/1.0 1,041 (-0%) 2mo $69,000 $66 84
19365 Goddard St 0.19mi 3/1.0 1,100 (+5%) 1mo $97,500 $89 82
19360 Revere St 0.49mi 3/1.0 1,050 (+0%) 2mo $78,000 $74 75
20409 Yonka St 0.67mi 3/1.0 1,050 (+0%) 1mo $93,000 $89 67
19163 Orleans St 0.57mi 2/1.0 (-1) 1,080 (+3%) 2mo $32,500 $30 61
19619 Norwood St 0.48mi 3/1.0 941 (-10%) 2mo $30,500 $32 60
19181 Marx St 0.51mi 3/1.0 1,152 (+10%) 1mo $40,500 $35 59
20426 Wexford St 0.74mi 3/1.5 1,009 (-4%) 1mo $117,000 $116 57
19710 Greeley St 0.54mi 3/1.5 1,143 (+9%) 3mo $80,000 $70 55
19145 Riopelle St 0.63mi 3/2.0 1,152 (+10%) 2mo $80,000 $69 48
20401 Greeley St 0.71mi 3/1.0 928 (-11%) 1mo $55,000 $59 47
19227 Ryan Rd 0.75mi 3/1.0 919 (-12%) 1mo $38,000 $41 44

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 · 6.72% rent growth · sell at horizon

5-year hold
IRR
9.2%
Equity multiple
1.38×
Total profit
$10,534
Equity at exit
$14,910
10-year hold
IRR
21.3%
Equity multiple
3.15×
Total profit
$60,097
Equity at exit
$8,646

Cash invested: $28,000 (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 48234

Home prices YoY
-11.9%
Rents YoY
6.7%
Active inventory
227
Price-to-rent
6.2×

Monthly cashflow live

Estimated rent
$1,343 high interval (Pro) →
Mortgage (P&I)
$524
Tax from tax record
$157 /mo · $1,886/yr
Insurance
$42
HOA
$0
Vacancy / Maint / Mgmt
$282
Net cashflow
$337

Break-even live

Break-even rent $915
Max offer price $100,000
Occupancy floor 70%

Sensitivity live

Price -10% $394 -5% $366 +0% $337 +5% $309 +10% $281
Rent -10% $231 -5% $284 +0% $337 +5% $390 +10% $443
Rate -1.0pp $388 -0.5pp $363 base $337 +0.5pp $311 +1.0pp $285

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
$25,000
Closing costs
$3,000
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 38 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
19995 Goddard St Detroit, MI 4.0 1.0 1292 $1,400 $1.08 23d 1 0.19mi
19694 Gallagher St Detroit, MI 3.0 1.0 1000 $1,150 $1.15 16d 1 0.34mi
20255 Harned St Detroit, MI 3.0 1.0 1000 $1,374 $1.37 18d 1 0.42mi
19360 Revere St Detroit, MI 3.0 1.0 1050 $1,250 $1.19 25d 1 0.48mi
19450 Norwood St Detroit, MI 3.0 1.0 1000 $1,200 $1.20 6d 1 0.51mi
20000 Norwood St Detroit, MI 3.0 1.5 1150 $1,200 $1.04 25d 1 0.53mi
18882 Marx St Highland Park, MI 2.0 1.0 1000 $1,300 $1.30 45d 1 0.61mi
18629 Fleming St Detroit, MI 3.0 1.5 900 $1,150 $1.28 25d 1 0.63mi
18666 Joseph Campau St Detroit, MI 3.0 1.0 1000 $1,400 $1.40 18d 1 0.64mi
19930 Binder St Detroit, MI 3.0 1.0 1000 $1,450 $1.45 18d 1 0.66mi
18551 Saint Aubin St Detroit, MI 3.0 1.0 962 $1,200 $1.25 18d 1 0.73mi
2034 John B Ave Warren, MI 3.0 1.0 920 $1,261 $1.37 45d 1 0.73mi
18084 Goddard St Detroit, MI 2.0 1.5 790 $1,050 $1.33 18d 1 0.82mi
21155 Warner Ave Warren, MI 2.0 1.0 756 $1,029 $1.36 25d 1 0.83mi
18557 Wexford St Detroit, MI 3.0 1.0 1216 $1,250 $1.03 25d 1 0.89mi
18503 Riopelle St Highland Park, MI 3.0 1.0 1254 $1,250 $1.00 6d 1 0.89mi
1301 E Muir Ave Hazel Park, MI 3.0 2.0 1236 $1,600 $1.29 23d 1 0.96mi
21516 Dequindre Rd Warren, MI 1.0–2.0 1.0 837 $1,375 $1.64 23d 1 1.01mi
18662 Sunset St Detroit, MI 2.0 1.0 726 $1,250 $1.72 19d 1 1.02mi
1621 E Evelyn Ave Hazel Park, MI 2.0 1.0 749 $1,295 $1.73 19d 1 1.13mi
1019 E Hayes Ave Unit 1032331P Hazel Park, MI 3.0 1.0 1033 $5,281 $5.11 0d 1 1.14mi
1211 E Bernhard Ave Hazel Park, MI 2.0 1.0 721 $1,500 $2.08 25d 1 1.14mi
19450 Fenelon St Detroit, MI 3.0 1.0 1062 $1,384 $1.30 6d 1 1.19mi
1326 E Evelyn Ave Unit 1032332P Hazel Park, MI 3.0 2.0 1097 $6,448 $5.88 0d 1 1.21mi
19703 Keating St Highland Park, MI 3.0 1.0 1000 $1,200 $1.20 18d 1 1.21mi
19162 Conley St Detroit, MI 2.0 1.0 1000 $1,300 $1.30 45d 1 1.29mi
19361 Moenart St Unit 1 Detroit, MI 2.0 1.0 1000 $1,100 $1.10 25d 1 1.36mi
1731 E Pearl Ave Hazel Park, MI 3.0 1.0 844 $1,500 $1.78 21d 1 1.40mi
20794 Audrey Ave Warren, MI 3.0 1.0 954 $1,350 $1.42 45d 1 1.40mi
407 E Hayes Ave Hazel Park, MI 3.0 1.0 1000 $1,750 $1.75 25d 1 1.42mi
18891 Moenart St Detroit, MI 3.0 1.0 1150 $1,300 $1.13 3d 1 1.42mi
18891 Moenart St Detroit, MI 3.0 1.0 870 $1,195 $1.37 18d 1 1.42mi
429 E Milton Ave Hazel Park, MI 3.0 2.0 1075 $1,595 $1.48 0d 1 1.43mi
20058 Bloom St Detroit, MI 4.0 1.0 1350 $1,450 $1.07 18d 1 1.45mi
19260 Bloom St Detroit, MI 3.0 1.0 1100 $1,350 $1.23 5d 1 1.45mi
18677 Moenart St Detroit, MI 2.0 1.0 1470 $1,200 $0.82 45d 1 1.47mi
18884 Bloom St Detroit, MI 3.0 1.0 979 $975 $1.00 23d 1 1.50mi
18884 Bloom St Detroit, MI 3.0 1.0 979 $975 $1.00 45d 1 1.50mi

Listing history 50 events

  1. 2026-05-23
    status Pending
  2. 2026-05-14
    status Pending 658-char remark
    Show marketing remark (658 chars)

    Back on Market! The single-family residence at 19700 Goddard ST, Detroit, MI, offers a unique opportunity to own a piece of the city, presenting an inviting canvas ready for your personal touch. Built in 1948, this property has been remodeled in 2025. With three bedrooms, this residence provides ample space for rest and rejuvenation, envision the possibilities for creating personalized sanctuaries within each of these rooms. Each room offers a private space to unwind and recharge. This property, beckons with the promise of a comfortable and fulfilling lifestyle. Si te interesa esta u otra casa llamanos, todo nuestro equipo espanol de principio a fin!

  3. 2026-05-14
    status Pending
    Show marketing remark (658 chars)

    Back on Market! The single-family residence at 19700 Goddard ST, Detroit, MI, offers a unique opportunity to own a piece of the city, presenting an inviting canvas ready for your personal touch. Built in 1948, this property has been remodeled in 2025. With three bedrooms, this residence provides ample space for rest and rejuvenation, envision the possibilities for creating personalized sanctuaries within each of these rooms. Each room offers a private space to unwind and recharge. This property, beckons with the promise of a comfortable and fulfilling lifestyle. Si te interesa esta u otra casa llamanos, todo nuestro equipo espanol de principio a fin!

  4. 2026-05-13
    historical
  5. 2026-05-08
    status Active 658-char remark
    Show marketing remark (658 chars)

    Back on Market! The single-family residence at 19700 Goddard ST, Detroit, MI, offers a unique opportunity to own a piece of the city, presenting an inviting canvas ready for your personal touch. Built in 1948, this property has been remodeled in 2025. With three bedrooms, this residence provides ample space for rest and rejuvenation, envision the possibilities for creating personalized sanctuaries within each of these rooms. Each room offers a private space to unwind and recharge. This property, beckons with the promise of a comfortable and fulfilling lifestyle. Si te interesa esta u otra casa llamanos, todo nuestro equipo espanol de principio a fin!

  6. 2026-05-08
    status Active
    Show marketing remark (658 chars)

    Back on Market! The single-family residence at 19700 Goddard ST, Detroit, MI, offers a unique opportunity to own a piece of the city, presenting an inviting canvas ready for your personal touch. Built in 1948, this property has been remodeled in 2025. With three bedrooms, this residence provides ample space for rest and rejuvenation, envision the possibilities for creating personalized sanctuaries within each of these rooms. Each room offers a private space to unwind and recharge. This property, beckons with the promise of a comfortable and fulfilling lifestyle. Si te interesa esta u otra casa llamanos, todo nuestro equipo espanol de principio a fin!

  7. 2026-05-07
    historical Accepting Backup Offers 658-char remark
    Show marketing remark (658 chars)

    Back on Market! The single-family residence at 19700 Goddard ST, Detroit, MI, offers a unique opportunity to own a piece of the city, presenting an inviting canvas ready for your personal touch. Built in 1948, this property has been remodeled in 2025. With three bedrooms, this residence provides ample space for rest and rejuvenation, envision the possibilities for creating personalized sanctuaries within each of these rooms. Each room offers a private space to unwind and recharge. This property, beckons with the promise of a comfortable and fulfilling lifestyle. Si te interesa esta u otra casa llamanos, todo nuestro equipo espanol de principio a fin!

  8. 2026-05-07
    historical Active Under Contract
    Show marketing remark (658 chars)

    Back on Market! The single-family residence at 19700 Goddard ST, Detroit, MI, offers a unique opportunity to own a piece of the city, presenting an inviting canvas ready for your personal touch. Built in 1948, this property has been remodeled in 2025. With three bedrooms, this residence provides ample space for rest and rejuvenation, envision the possibilities for creating personalized sanctuaries within each of these rooms. Each room offers a private space to unwind and recharge. This property, beckons with the promise of a comfortable and fulfilling lifestyle. Si te interesa esta u otra casa llamanos, todo nuestro equipo espanol de principio a fin!

  9. 2026-05-07
    status Active 658-char remark
    Show marketing remark (658 chars)

    Back on Market! The single-family residence at 19700 Goddard ST, Detroit, MI, offers a unique opportunity to own a piece of the city, presenting an inviting canvas ready for your personal touch. Built in 1948, this property has been remodeled in 2025. With three bedrooms, this residence provides ample space for rest and rejuvenation, envision the possibilities for creating personalized sanctuaries within each of these rooms. Each room offers a private space to unwind and recharge. This property, beckons with the promise of a comfortable and fulfilling lifestyle. Si te interesa esta u otra casa llamanos, todo nuestro equipo espanol de principio a fin!

  10. 2026-05-07
    status Active
    Show marketing remark (658 chars)

    Back on Market! The single-family residence at 19700 Goddard ST, Detroit, MI, offers a unique opportunity to own a piece of the city, presenting an inviting canvas ready for your personal touch. Built in 1948, this property has been remodeled in 2025. With three bedrooms, this residence provides ample space for rest and rejuvenation, envision the possibilities for creating personalized sanctuaries within each of these rooms. Each room offers a private space to unwind and recharge. This property, beckons with the promise of a comfortable and fulfilling lifestyle. Si te interesa esta u otra casa llamanos, todo nuestro equipo espanol de principio a fin!

  11. 2026-02-23
    status Pending 658-char remark
    Show marketing remark (658 chars)

    Back on Market! The single-family residence at 19700 Goddard ST, Detroit, MI, offers a unique opportunity to own a piece of the city, presenting an inviting canvas ready for your personal touch. Built in 1948, this property has been remodeled in 2025. With three bedrooms, this residence provides ample space for rest and rejuvenation, envision the possibilities for creating personalized sanctuaries within each of these rooms. Each room offers a private space to unwind and recharge. This property, beckons with the promise of a comfortable and fulfilling lifestyle. Si te interesa esta u otra casa llamanos, todo nuestro equipo espanol de principio a fin!

  12. 2026-02-23
    status Pending
    Show marketing remark (658 chars)

    Back on Market! The single-family residence at 19700 Goddard ST, Detroit, MI, offers a unique opportunity to own a piece of the city, presenting an inviting canvas ready for your personal touch. Built in 1948, this property has been remodeled in 2025. With three bedrooms, this residence provides ample space for rest and rejuvenation, envision the possibilities for creating personalized sanctuaries within each of these rooms. Each room offers a private space to unwind and recharge. This property, beckons with the promise of a comfortable and fulfilling lifestyle. Si te interesa esta u otra casa llamanos, todo nuestro equipo espanol de principio a fin!

  13. 2026-02-01
    listed $100,000 Active
    Show marketing remark (658 chars)

    Back on Market! The single-family residence at 19700 Goddard ST, Detroit, MI, offers a unique opportunity to own a piece of the city, presenting an inviting canvas ready for your personal touch. Built in 1948, this property has been remodeled in 2025. With three bedrooms, this residence provides ample space for rest and rejuvenation, envision the possibilities for creating personalized sanctuaries within each of these rooms. Each room offers a private space to unwind and recharge. This property, beckons with the promise of a comfortable and fulfilling lifestyle. Si te interesa esta u otra casa llamanos, todo nuestro equipo espanol de principio a fin!

  14. 2026-02-01
    listed $100,000 Active 658-char remark
    Show marketing remark (658 chars)

    Back on Market! The single-family residence at 19700 Goddard ST, Detroit, MI, offers a unique opportunity to own a piece of the city, presenting an inviting canvas ready for your personal touch. Built in 1948, this property has been remodeled in 2025. With three bedrooms, this residence provides ample space for rest and rejuvenation, envision the possibilities for creating personalized sanctuaries within each of these rooms. Each room offers a private space to unwind and recharge. This property, beckons with the promise of a comfortable and fulfilling lifestyle. Si te interesa esta u otra casa llamanos, todo nuestro equipo espanol de principio a fin!

  15. 2024-02-08
    soldstatus $60,000 Sold 770-char remark
    Show marketing remark (770 chars)

    15k down Land Contract Seller Financing Available or BEST OFFER: BRICK BUNGALOW HOME has 3 bedrooms, 1 full bathroom, kitchen, dining room, full basement and detached brick garage! Land Dimension is 50 x 120 feet. Home features a cedar closet in the master bedroom upstairs and a Fireplace in the family room. This home is located in Detroit's Pershing neighborhood near Farwell Park and Recreation Center. This property is just minutes away from Ferndale, Royal Oak, Warren, and Hazel Park. This home would be perfect for an investor who wants a great flip or put this in their investment portfolio. Home has minor fire damage. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

  16. 2024-02-08
    soldstatus $60,000 Closed
    Show marketing remark (770 chars)

    15k down Land Contract Seller Financing Available or BEST OFFER: BRICK BUNGALOW HOME has 3 bedrooms, 1 full bathroom, kitchen, dining room, full basement and detached brick garage! Land Dimension is 50 x 120 feet. Home features a cedar closet in the master bedroom upstairs and a Fireplace in the family room. This home is located in Detroit's Pershing neighborhood near Farwell Park and Recreation Center. This property is just minutes away from Ferndale, Royal Oak, Warren, and Hazel Park. This home would be perfect for an investor who wants a great flip or put this in their investment portfolio. Home has minor fire damage. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

  17. 2024-02-04
    status Pending
    Show marketing remark (770 chars)

    15k down Land Contract Seller Financing Available or BEST OFFER: BRICK BUNGALOW HOME has 3 bedrooms, 1 full bathroom, kitchen, dining room, full basement and detached brick garage! Land Dimension is 50 x 120 feet. Home features a cedar closet in the master bedroom upstairs and a Fireplace in the family room. This home is located in Detroit's Pershing neighborhood near Farwell Park and Recreation Center. This property is just minutes away from Ferndale, Royal Oak, Warren, and Hazel Park. This home would be perfect for an investor who wants a great flip or put this in their investment portfolio. Home has minor fire damage. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

  18. 2024-02-04
    status Pending 770-char remark
    Show marketing remark (770 chars)

    15k down Land Contract Seller Financing Available or BEST OFFER: BRICK BUNGALOW HOME has 3 bedrooms, 1 full bathroom, kitchen, dining room, full basement and detached brick garage! Land Dimension is 50 x 120 feet. Home features a cedar closet in the master bedroom upstairs and a Fireplace in the family room. This home is located in Detroit's Pershing neighborhood near Farwell Park and Recreation Center. This property is just minutes away from Ferndale, Royal Oak, Warren, and Hazel Park. This home would be perfect for an investor who wants a great flip or put this in their investment portfolio. Home has minor fire damage. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

  19. 2024-01-02
    status Active
    Show marketing remark (770 chars)

    15k down Land Contract Seller Financing Available or BEST OFFER: BRICK BUNGALOW HOME has 3 bedrooms, 1 full bathroom, kitchen, dining room, full basement and detached brick garage! Land Dimension is 50 x 120 feet. Home features a cedar closet in the master bedroom upstairs and a Fireplace in the family room. This home is located in Detroit's Pershing neighborhood near Farwell Park and Recreation Center. This property is just minutes away from Ferndale, Royal Oak, Warren, and Hazel Park. This home would be perfect for an investor who wants a great flip or put this in their investment portfolio. Home has minor fire damage. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

  20. 2024-01-02
    status Active 770-char remark
    Show marketing remark (770 chars)

    15k down Land Contract Seller Financing Available or BEST OFFER: BRICK BUNGALOW HOME has 3 bedrooms, 1 full bathroom, kitchen, dining room, full basement and detached brick garage! Land Dimension is 50 x 120 feet. Home features a cedar closet in the master bedroom upstairs and a Fireplace in the family room. This home is located in Detroit's Pershing neighborhood near Farwell Park and Recreation Center. This property is just minutes away from Ferndale, Royal Oak, Warren, and Hazel Park. This home would be perfect for an investor who wants a great flip or put this in their investment portfolio. Home has minor fire damage. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

  21. 2024-01-01
    historical
    Show marketing remark (770 chars)

    15k down Land Contract Seller Financing Available or BEST OFFER: BRICK BUNGALOW HOME has 3 bedrooms, 1 full bathroom, kitchen, dining room, full basement and detached brick garage! Land Dimension is 50 x 120 feet. Home features a cedar closet in the master bedroom upstairs and a Fireplace in the family room. This home is located in Detroit's Pershing neighborhood near Farwell Park and Recreation Center. This property is just minutes away from Ferndale, Royal Oak, Warren, and Hazel Park. This home would be perfect for an investor who wants a great flip or put this in their investment portfolio. Home has minor fire damage. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

  22. 2024-01-01
    historical 770-char remark
    Show marketing remark (770 chars)

    15k down Land Contract Seller Financing Available or BEST OFFER: BRICK BUNGALOW HOME has 3 bedrooms, 1 full bathroom, kitchen, dining room, full basement and detached brick garage! Land Dimension is 50 x 120 feet. Home features a cedar closet in the master bedroom upstairs and a Fireplace in the family room. This home is located in Detroit's Pershing neighborhood near Farwell Park and Recreation Center. This property is just minutes away from Ferndale, Royal Oak, Warren, and Hazel Park. This home would be perfect for an investor who wants a great flip or put this in their investment portfolio. Home has minor fire damage. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

  23. 2023-12-09
    price $59,900
    Show marketing remark (770 chars)

    15k down Land Contract Seller Financing Available or BEST OFFER: BRICK BUNGALOW HOME has 3 bedrooms, 1 full bathroom, kitchen, dining room, full basement and detached brick garage! Land Dimension is 50 x 120 feet. Home features a cedar closet in the master bedroom upstairs and a Fireplace in the family room. This home is located in Detroit's Pershing neighborhood near Farwell Park and Recreation Center. This property is just minutes away from Ferndale, Royal Oak, Warren, and Hazel Park. This home would be perfect for an investor who wants a great flip or put this in their investment portfolio. Home has minor fire damage. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

  24. 2023-12-09
    price $59,900 770-char remark
    Show marketing remark (770 chars)

    15k down Land Contract Seller Financing Available or BEST OFFER: BRICK BUNGALOW HOME has 3 bedrooms, 1 full bathroom, kitchen, dining room, full basement and detached brick garage! Land Dimension is 50 x 120 feet. Home features a cedar closet in the master bedroom upstairs and a Fireplace in the family room. This home is located in Detroit's Pershing neighborhood near Farwell Park and Recreation Center. This property is just minutes away from Ferndale, Royal Oak, Warren, and Hazel Park. This home would be perfect for an investor who wants a great flip or put this in their investment portfolio. Home has minor fire damage. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

  25. 2023-12-02
    price $65,900
    Show marketing remark (770 chars)

    15k down Land Contract Seller Financing Available or BEST OFFER: BRICK BUNGALOW HOME has 3 bedrooms, 1 full bathroom, kitchen, dining room, full basement and detached brick garage! Land Dimension is 50 x 120 feet. Home features a cedar closet in the master bedroom upstairs and a Fireplace in the family room. This home is located in Detroit's Pershing neighborhood near Farwell Park and Recreation Center. This property is just minutes away from Ferndale, Royal Oak, Warren, and Hazel Park. This home would be perfect for an investor who wants a great flip or put this in their investment portfolio. Home has minor fire damage. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

  26. 2023-12-02
    price $65,900 770-char remark
    Show marketing remark (770 chars)

    15k down Land Contract Seller Financing Available or BEST OFFER: BRICK BUNGALOW HOME has 3 bedrooms, 1 full bathroom, kitchen, dining room, full basement and detached brick garage! Land Dimension is 50 x 120 feet. Home features a cedar closet in the master bedroom upstairs and a Fireplace in the family room. This home is located in Detroit's Pershing neighborhood near Farwell Park and Recreation Center. This property is just minutes away from Ferndale, Royal Oak, Warren, and Hazel Park. This home would be perfect for an investor who wants a great flip or put this in their investment portfolio. Home has minor fire damage. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

  27. 2023-11-25
    listed $69,900 Active 770-char remark
    Show marketing remark (770 chars)

    15k down Land Contract Seller Financing Available or BEST OFFER: BRICK BUNGALOW HOME has 3 bedrooms, 1 full bathroom, kitchen, dining room, full basement and detached brick garage! Land Dimension is 50 x 120 feet. Home features a cedar closet in the master bedroom upstairs and a Fireplace in the family room. This home is located in Detroit's Pershing neighborhood near Farwell Park and Recreation Center. This property is just minutes away from Ferndale, Royal Oak, Warren, and Hazel Park. This home would be perfect for an investor who wants a great flip or put this in their investment portfolio. Home has minor fire damage. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

  28. 2023-11-25
    listed $69,900 Active
    Show marketing remark (770 chars)

    15k down Land Contract Seller Financing Available or BEST OFFER: BRICK BUNGALOW HOME has 3 bedrooms, 1 full bathroom, kitchen, dining room, full basement and detached brick garage! Land Dimension is 50 x 120 feet. Home features a cedar closet in the master bedroom upstairs and a Fireplace in the family room. This home is located in Detroit's Pershing neighborhood near Farwell Park and Recreation Center. This property is just minutes away from Ferndale, Royal Oak, Warren, and Hazel Park. This home would be perfect for an investor who wants a great flip or put this in their investment portfolio. Home has minor fire damage. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

  29. 2023-08-31
    historical
  30. 2023-08-31
    historical
  31. 2023-05-26
    price $65,900
  32. 2023-05-26
    price $65,900
  33. 2023-05-07
    price $74,900
  34. 2023-05-07
    price $74,900
  35. 2023-05-03
    listed $75,000 Active
  36. 2023-05-03
    listed $75,000 Active
  37. 2022-06-01
    historical
  38. 2022-05-31
    historical
  39. 2022-05-10
    price $62,000
  40. 2022-05-09
    price $62,000
  41. 2022-04-23
    price $60,000
  42. 2022-04-23
    price $60,000
  43. 2022-04-13
    price $58,000
  44. 2022-04-13
    price $58,000
  45. 2022-04-12
    status Active
  46. 2022-04-12
    historical
  47. 2022-03-24
    price $57,400
  48. 2022-03-23
    price $57,400
  49. 2022-03-23
    status Active
  50. 2022-03-22
    historical

ⓘ 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
$1,886 · $157/mo
Projected year-2 tax
$1,886 · $157/mo
Expected delta
$0/yr ($0/mo · 0.0%)

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

Climate risk First Street

  • 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 17% 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
$16,110
− Mortgage interest
−$5,602
− Property taxes
−$1,886
− Insurance
−$500
− Repairs & maintenance
−$1,289
− Management
−$1,289
− Depreciation
−$2,909
Taxable income
$2,636
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$633
After-tax cash flow
$3,416/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Detroit Public Schools Community District
NCES district ID
2601103
Math proficiency
10% ▼ -2.00%
Reading proficiency
24% ▲ 6.00%
Median HH income
$25,815
Composite
13.06/100
National rank
#9564
State rank
#499 of 540 in MI

Livability — Detroit

Score
73/100
State rank
#218
US rank
#5427

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment F Housing A+ Health & safety B- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Detroit, MI
County
Wayne County · 1,562,939 people
City population
572,865
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
32,760
Household income
$35,322
Rent vs Own
47.0% rent · 53.0% own
Severe rent burden
2372.0

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 (94%)
Race & ethnicity
Black 94% White 3% Two or more races 1%
Common ancestry
Romanian 1%
Foreign-born
2% · Canada, Vietnam, Philippines
Languages at home
97% English-only · French/Haitian/Cajun 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
▼ -44.65%
Current HPI
328.8978
Rent YoY
▲ 6.72%
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

Price history

+234.4% since first listed
68 events — show timeline
  • 2026-05-23 Pending REALCOMP
  • 2026-05-14 Pending MiRealSource-MiMLS
  • 2026-05-14 Pending REALCOMP
  • 2026-05-13 Listing Removed REALCOMP
  • 2026-05-08 Relisted MiRealSource-MiMLS
  • 2026-05-08 Relisted REALCOMP
  • 2026-05-07 Contingent MiRealSource-MiMLS
  • 2026-05-07 Contingent REALCOMP
  • 2026-05-07 Relisted MiRealSource-MiMLS
  • 2026-05-07 Relisted REALCOMP
  • 2026-02-23 Pending MiRealSource-MiMLS
  • 2026-02-23 Pending REALCOMP
  • 2026-02-01 Listed $100,000 REALCOMP
  • 2026-02-01 Listed $100,000 MiRealSource-MiMLS
  • 2024-02-08 Sold (MLS) $60,000 MiRealSource-MiMLS
  • 2024-02-08 Sold (MLS) $60,000 REALCOMP
  • 2024-02-04 Pending MiRealSource-MiMLS
  • 2024-02-04 Pending REALCOMP
  • 2024-01-02 Relisted MiRealSource-MiMLS
  • 2024-01-02 Relisted REALCOMP
  • 2024-01-01 Listing Removed MiRealSource-MiMLS
  • 2024-01-01 Listing Removed REALCOMP
  • 2023-12-09 Price Changed $59,900 MiRealSource-MiMLS
  • 2023-12-09 Price Changed $59,900 REALCOMP
  • 2023-12-02 Price Changed $65,900 MiRealSource-MiMLS
  • 2023-12-02 Price Changed $65,900 REALCOMP
  • 2023-11-25 Listed $69,900 MiRealSource-MiMLS
  • 2023-11-25 Listed $69,900 REALCOMP
  • 2023-08-31 Listing Removed MiRealSource-MiMLS
  • 2023-08-31 Listing Removed REALCOMP
  • 2023-05-26 Price Changed $65,900 MiRealSource-MiMLS
  • 2023-05-26 Price Changed $65,900 REALCOMP
  • 2023-05-07 Price Changed $74,900 MiRealSource-MiMLS
  • 2023-05-07 Price Changed $74,900 REALCOMP
  • 2023-05-03 Listed $75,000 MiRealSource-MiMLS
  • 2023-05-03 Listed $75,000 REALCOMP
  • 2022-06-01 Listing Removed REALCOMP
  • 2022-05-31 Listing Removed MiRealSource-MiMLS
  • 2022-05-10 Price Changed $62,000 MiRealSource-MiMLS
  • 2022-05-09 Price Changed $62,000 REALCOMP
  • 2022-04-23 Price Changed $60,000 MiRealSource-MiMLS
  • 2022-04-23 Price Changed $60,000 REALCOMP
  • 2022-04-13 Price Changed $58,000 MiRealSource-MiMLS
  • 2022-04-13 Price Changed $58,000 REALCOMP
  • 2022-04-12 Relisted REALCOMP
  • 2022-04-12 Listing Removed REALCOMP
  • 2022-03-24 Price Changed $57,400 MiRealSource-MiMLS
  • 2022-03-23 Price Changed $57,400 REALCOMP
  • 2022-03-23 Relisted REALCOMP
  • 2022-03-22 Listing Removed REALCOMP
  • 2022-03-20 Price Changed $57,500 MiRealSource-MiMLS
  • 2022-03-19 Price Changed $57,500 REALCOMP
  • 2022-03-10 Price Changed $58,000 MiRealSource-MiMLS
  • 2022-03-10 Price Changed $58,000 REALCOMP
  • 2022-01-16 Listed $59,000 MiRealSource-MiMLS
  • 2022-01-16 Listed $59,000 REALCOMP
  • 2020-06-09 Listing Removed REALCOMP
  • 2020-06-09 Listing Removed MiRealSource-MiMLS
  • 2020-02-06 Relisted MiRealSource-MiMLS
  • 2020-02-06 Relisted REALCOMP
  • 2020-01-24 Listing Removed REALCOMP
  • 2020-01-24 Listing Removed MiRealSource-MiMLS
  • 2019-12-11 Listed $29,900 MiRealSource-MiMLS
  • 2019-12-11 Listed $29,900 REALCOMP
  • 2016-11-03 Listing Removed REALCOMP
  • 2016-11-03 Listing Removed MiRealSource-MiMLS
  • 2016-10-26 Listed $29,900 MiRealSource-MiMLS
  • 2016-10-26 Listed $29,900 REALCOMP

Property tax history

+8.3%/yr

Latest (2025): $1,886 · +35.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…