28022 Fairfax St · Southfield, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D 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 +16.4/30.0
- DSCR +5.1/10.0
- 1% rule +3.9/10.0
- Rent growth +3.7/5.0
- Livability +3.6/5.0
- ARV discount +3.3/15.0
- Condition / age +2.5/5.0
- Schools +2.4/10.0
- Appreciation +0.0/10.0
$199,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Sweetly set on a quiet Southfield street, just steps from a soon-to-open 39-acre nature preserve, 28022 Fairfax is a fresh, updated ranch that lives bigger than its square footage. Thoughtfully finished & turn key, this 3 bedroom charmer is easy to love and easy to call home. Step inside to a light & bright main level anchored by wide wood look floors throughout. Expansive windows bathe the living room in natural light, while the updated kitchen boasts stainless appliances, a gas range, marble-tone counters, & crisp white cabinetry with classic subway tile. Three well scaled bedrooms offer flexibility, served by an updated full bath. One bedroom lives beautifully as a handsome home office with a built-in bookshelf nook. The real standout? A custom dressing room with floor-to-ceiling shelving, drawers, & hanging space - rare storage for a home this size. Outside, enjoy a private backyard & detached 1-car garage. Across the street, the brand new Southfield Oaks Nature Area, a 39-acre green space with walking trails, native landscaping, and the state's largest splash pad, is slated to open in 2026. A front-row seat to one of Southfield's most exciting new amenities. Turn-key, tastefully finished, & perfectly positioned. Move-in, unpack, & enjoy. Welcome home!
Key facts
- 6,534 sq ft lot
- Garage
- Built 1956
Property features AI
Exterior
- Parking: Detached 1-car garage
- Utilities: Public water; Public sewer
- Home design: Single-family residence, one story; Ground-level entry with steps; Brick construction
- Construction: Brick exterior; Slab foundation
- Exterior features: Backyard with fence; Paved road access; Asphalt roof
Interior
- Kitchen: Dishwasher; Free-standing gas range; Free-standing refrigerator; Microwave
- Bedrooms: Total rooms: 5
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating (natural gas); No central cooling
- Interior features: Gas water heater; Stainless steel appliances
- Laundry & utility: Stacked washer and dryer
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $199k.
Deal economics
- At list price, monthly cash flow is $112 ($1k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $178k (10.8% below list).
- Recommended offer: $178k (10.8% below list) — sets the bar for 1% rule.
- Cap rate 7.0% vs local median 4.4% in Southfield — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 72/100 on livability (#248 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D, health & safety D, crime F.
- Southfield Public School District (urban): math 17% / reading 37% proficiency, ranked #392 of 540 in MI (top 73%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Market conditions: Rents rising fast (+4.8%/yr); 93 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 19 days — a 2% lower offer ($196k) is reasonable based on typical stale-listing flexibility.
- 19 sale attempts since 26y 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 $58k; list at $199k implies a 244% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.89% ✗
- Cap rate
- 6.97%
- Cash-on-cash
- 2.41%
- DSCR
- 1.11
- GRM
- 9.3
CMA / ARV
- ARV (median comp)
- $181,860
- List price
- $199,000
- Delta
- 9.42%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2690 Ellwood Ave | 0.23mi | 3/1.0 | 998 (+6%) | 2mo | $175,000 | $175 | 78 |
| 28110 Marshall St | 0.10mi | 3/1.0 | 1,056 (+12%) | 2mo | $181,000 | $171 | 74 |
| 28426 Sutherland St | 0.30mi | 3/1.0 | 1,036 (+10%) | 4mo | $169,000 | $163 | 66 |
| 3012 Greenfield Rd | 0.28mi | 3/1.0 | 1,065 (+13%) | 0mo | $245,000 | $230 | 66 |
| 28578 Marshall St | 0.32mi | 3/1.5 | 1,056 (+12%) | 2mo | $207,500 | $196 | 61 |
| 2260 Ellwood Ave | 0.32mi | 2/2.0 (-1) | 875 (-7%) | 4mo | $333,000 | $381 | 61 |
| 28464 Stuart Ave | 0.48mi | 3/1.0 | 1,036 (+10%) | 4mo | $210,000 | $203 | 58 |
| 3659 Ellwood Ave | 0.65mi | 3/1.0 | 1,025 (+8%) | 2mo | $280,000 | $273 | 54 |
| 3626 Prairie Ave | 0.71mi | 2/2.0 (-1) | 976 (+3%) | 2mo | $279,900 | $287 | 51 |
| 2330 Buckingham Ave | 0.69mi | 3/1.0 | 1,053 (+11%) | 3mo | $215,000 | $204 | 46 |
| 1864 Bacon Ave | 0.61mi | 4/2.0 (+1) | 1,072 (+13%) | 1mo | $300,000 | $280 | 40 |
| 16940 W 11 Mile Rd | 0.66mi | 2/1.5 (-1) | 1,080 (+14%) | 2mo | $116,000 | $107 | 37 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 4.84% rent growth · sell at horizon
- IRR
- -10.6%
- Equity multiple
- 0.61×
- Total profit
- $-21,810
- Equity at exit
- $29,672
- IRR
- 1.0%
- Equity multiple
- 1.08×
- Total profit
- $4,326
- Equity at exit
- $17,206
Cash invested: $55,720 (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 48076
- Rents YoY
- 4.8%
- Active inventory
- 93
- Price-to-rent
- 9.3×
Monthly cashflow live
- Estimated rent
- $1,775 high interval (Pro) →
- Mortgage (P&I)
- −$1,044
- Tax from tax record
- −$164 /mo · $1,969/yr
- Insurance
- −$83
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$373
- Net cashflow
- $112
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
- $49,750
- Closing costs
- $5,970
- 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 21 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 28124 Brentwood St Southfield, MI | 3.0 | 1.0 | 1056 | $1,800 | $1.70 | 24d | 1 | 0.15mi |
| 15833 W Eleven Mile Rd Southfield, MI | 1.0–2.0 | 1.0 | 905 | $1,424 | $1.57 | 1d | 6 | 0.62mi |
| 3644 Greenfield Rd Unit 3664 Greenfield Berkley, MI | 2.0 | 1.5 | 950 | $1,700 | $1.79 | 17d | 1 | 0.64mi |
| 3185 Buckingham Ave Berkley, MI | 3.0 | 1.0 | 1091 | $1,895 | $1.74 | 24d | 1 | 0.71mi |
| 29890 Everett St Southfield, MI | 3.0 | 1.5 | 1100 | $2,200 | $2.00 | 43d | 1 | 0.96mi |
| 3936 Royal Ave Berkley, MI | 3.0 | 2.0 | 900 | $2,000 | $2.22 | 43d | 1 | 0.99mi |
| 2639 Oxford Rd Berkley, MI | 2.0 | 1.0 | 1010 | $2,495 | $2.47 | 1d | 1 | 1.09mi |
| 2575 Catalpa Dr Unit 2575-06 Berkley, MI | 2.0 | 2.0 | 1100 | $1,695 | $1.54 | 24d | 1 | 1.09mi |
| 2575 Catalpa Dr Unit 2575-16 Berkley, MI | 2.0 | 1.0 | 1100 | $1,495 | $1.36 | 24d | 1 | 1.09mi |
| 18248 W 12 Mile Rd Southfield, MI | 1.0–2.0 | 1.0–2.0 | 902 | $2,254 | $2.50 | 1d | 1 | 1.09mi |
| 15075 Lincoln St Oak Park, MI | 2.0 | 1.0–2.0 | 746 | $1,240 | $1.66 | 2d | 1 | 1.16mi |
| 14801 Lincoln St Oak Park, MI | 2.0 | 1.0–1.5 | 990 | $1,240 | $1.25 | 2d | 1 | 1.18mi |
| 25600 Briar Dr Oak Park, MI | 2.0–3.0 | 1.5 | 1235 | $1,935 | $1.57 | 23d | 7 | 1.25mi |
| 25500 Greenfield Rd Oak Park, MI | 2.0 | 1.0 | 637 | $1,310 | $2.05 | 1d | 12 | 1.30mi |
| 2200 Berkley Ave Apt 102 Berkley, MI | 2.0 | 1.0 | 900 | $1,340 | $1.49 | 24d | 1 | 1.34mi |
| 30276 Southfield Rd Unit 215 Southfield, MI | 2.0 | 2.0 | 956 | $1,399 | $1.46 | 19d | 1 | 1.36mi |
| 25225 Greenfield Rd Southfield, MI | 1.0–2.0 | 1.0 | 705 | $1,133 | $1.61 | 43d | 6 | 1.38mi |
| 25337 S Montmartre Ct Unit 2 Oak Park, MI | 2.0 | 1.0 | 981 | $1,200 | $1.22 | 24d | 1 | 1.38mi |
| 30268 Southfield Rd #230 Southfield, MI | 2.0 | 2.0 | 956 | $1,450 | $1.52 | 43d | 1 | 1.41mi |
| 25221 W Rue Versailles Dr Oak Park, MI | 1.0–2.0 | 1.0 | 850 | $1,055 | $1.24 | 24d | 1 | 1.43mi |
| 18333 South Dr Southfield, MI | 1.0–2.0 | 1.0–2.0 | 1044 | $1,875 | $1.80 | 1d | 6 | 1.47mi |
Listing history 44 events
-
2026-05-12status Pending 1320-char remark
Show marketing remark (1316 chars)
Sweetly set on a quiet Southfield street, just steps from a soon-to-open 39-acre nature preserve, 28022 Fairfax is a fresh, updated ranch that lives bigger than its square footage. Thoughtfully finished & turn key, this 3 bedroom charmer is easy to love and easy to call home. Step inside to a light & bright main level anchored by wide wood look floors throughout. Expansive windows bathe the living room in natural light, while the updated kitchen boasts stainless appliances, a gas range, marble-tone counters, & crisp white cabinetry with classic subway tile. Three well scaled bedrooms offer flexibility, served by an updated full bath. One bedroom lives beautifully as a handsome home office with a built-in bookshelf nook. The real standout? A custom dressing room with floor-to-ceiling shelving, drawers, & hanging space - rare storage for a home this size. Outside, enjoy a private backyard & detached 1-car garage. Across the street, the brand new Southfield Oaks Nature Area, a 39-acre green space with walking trails, native landscaping, and the state's largest splash pad, is slated to open in 2026. A front-row seat to one of Southfield's most exciting new amenities. Turn-key, tastefully finished, & perfectly positioned. Move-in, unpack, & enjoy. Welcome home!
-
2026-05-12status Pending 1316-char remark
Show marketing remark (1316 chars)
Sweetly set on a quiet Southfield street, just steps from a soon-to-open 39-acre nature preserve, 28022 Fairfax is a fresh, updated ranch that lives bigger than its square footage. Thoughtfully finished & turn key, this 3 bedroom charmer is easy to love and easy to call home. Step inside to a light & bright main level anchored by wide wood look floors throughout. Expansive windows bathe the living room in natural light, while the updated kitchen boasts stainless appliances, a gas range, marble-tone counters, & crisp white cabinetry with classic subway tile. Three well scaled bedrooms offer flexibility, served by an updated full bath. One bedroom lives beautifully as a handsome home office with a built-in bookshelf nook. The real standout? A custom dressing room with floor-to-ceiling shelving, drawers, & hanging space - rare storage for a home this size. Outside, enjoy a private backyard & detached 1-car garage. Across the street, the brand new Southfield Oaks Nature Area, a 39-acre green space with walking trails, native landscaping, and the state's largest splash pad, is slated to open in 2026. A front-row seat to one of Southfield's most exciting new amenities. Turn-key, tastefully finished, & perfectly positioned. Move-in, unpack, & enjoy. Welcome home!
-
2026-04-24$199,000 Active 1316-char remark
Show marketing remark (1316 chars)
Sweetly set on a quiet Southfield street, just steps from a soon-to-open 39-acre nature preserve, 28022 Fairfax is a fresh, updated ranch that lives bigger than its square footage. Thoughtfully finished & turn key, this 3 bedroom charmer is easy to love and easy to call home. Step inside to a light & bright main level anchored by wide wood look floors throughout. Expansive windows bathe the living room in natural light, while the updated kitchen boasts stainless appliances, a gas range, marble-tone counters, & crisp white cabinetry with classic subway tile. Three well scaled bedrooms offer flexibility, served by an updated full bath. One bedroom lives beautifully as a handsome home office with a built-in bookshelf nook. The real standout? A custom dressing room with floor-to-ceiling shelving, drawers, & hanging space - rare storage for a home this size. Outside, enjoy a private backyard & detached 1-car garage. Across the street, the brand new Southfield Oaks Nature Area, a 39-acre green space with walking trails, native landscaping, and the state's largest splash pad, is slated to open in 2026. A front-row seat to one of Southfield's most exciting new amenities. Turn-key, tastefully finished, & perfectly positioned. Move-in, unpack, & enjoy. Welcome home!
-
2026-04-24$199,000 Active 1320-char remark
Show marketing remark (1316 chars)
Sweetly set on a quiet Southfield street, just steps from a soon-to-open 39-acre nature preserve, 28022 Fairfax is a fresh, updated ranch that lives bigger than its square footage. Thoughtfully finished & turn key, this 3 bedroom charmer is easy to love and easy to call home. Step inside to a light & bright main level anchored by wide wood look floors throughout. Expansive windows bathe the living room in natural light, while the updated kitchen boasts stainless appliances, a gas range, marble-tone counters, & crisp white cabinetry with classic subway tile. Three well scaled bedrooms offer flexibility, served by an updated full bath. One bedroom lives beautifully as a handsome home office with a built-in bookshelf nook. The real standout? A custom dressing room with floor-to-ceiling shelving, drawers, & hanging space - rare storage for a home this size. Outside, enjoy a private backyard & detached 1-car garage. Across the street, the brand new Southfield Oaks Nature Area, a 39-acre green space with walking trails, native landscaping, and the state's largest splash pad, is slated to open in 2026. A front-row seat to one of Southfield's most exciting new amenities. Turn-key, tastefully finished, & perfectly positioned. Move-in, unpack, & enjoy. Welcome home!
-
2026-04-23historical $199,000 1316-char remark
Show marketing remark (1316 chars)
Sweetly set on a quiet Southfield street, just steps from a soon-to-open 39-acre nature preserve, 28022 Fairfax is a fresh, updated ranch that lives bigger than its square footage. Thoughtfully finished & turn key, this 3 bedroom charmer is easy to love and easy to call home. Step inside to a light & bright main level anchored by wide wood look floors throughout. Expansive windows bathe the living room in natural light, while the updated kitchen boasts stainless appliances, a gas range, marble-tone counters, & crisp white cabinetry with classic subway tile. Three well scaled bedrooms offer flexibility, served by an updated full bath. One bedroom lives beautifully as a handsome home office with a built-in bookshelf nook. The real standout? A custom dressing room with floor-to-ceiling shelving, drawers, & hanging space - rare storage for a home this size. Outside, enjoy a private backyard & detached 1-car garage. Across the street, the brand new Southfield Oaks Nature Area, a 39-acre green space with walking trails, native landscaping, and the state's largest splash pad, is slated to open in 2026. A front-row seat to one of Southfield's most exciting new amenities. Turn-key, tastefully finished, & perfectly positioned. Move-in, unpack, & enjoy. Welcome home!
-
2008-04-16soldstatus $57,900
Show marketing remark (190 chars)
SOID SOUTHFIELD RANCH WITH GREAT CURB APPEAL! THIS PROPERTY IS BANK OWNED. ALL INFORMATION IS APPROXIMATE, BUYER/BUYER'S AGENT TO VERIFY ALL INFORMATION. CONTACT LISTING AGENT FOR MORE INFO.
-
2008-04-16soldstatus $57,900
Show marketing remark (190 chars)
SOID SOUTHFIELD RANCH WITH GREAT CURB APPEAL! THIS PROPERTY IS BANK OWNED. ALL INFORMATION IS APPROXIMATE, BUYER/BUYER'S AGENT TO VERIFY ALL INFORMATION. CONTACT LISTING AGENT FOR MORE INFO.
-
2008-03-19historical
-
2008-02-20$49,900
Show marketing remark (190 chars)
SOID SOUTHFIELD RANCH WITH GREAT CURB APPEAL! THIS PROPERTY IS BANK OWNED. ALL INFORMATION IS APPROXIMATE, BUYER/BUYER'S AGENT TO VERIFY ALL INFORMATION. CONTACT LISTING AGENT FOR MORE INFO.
-
2008-02-20historical
Show marketing remark (190 chars)
SOID SOUTHFIELD RANCH WITH GREAT CURB APPEAL! THIS PROPERTY IS BANK OWNED. ALL INFORMATION IS APPROXIMATE, BUYER/BUYER'S AGENT TO VERIFY ALL INFORMATION. CONTACT LISTING AGENT FOR MORE INFO.
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2007-12-19$59,900
-
2007-12-19historical
-
2007-12-19historical
-
2007-12-15$49,900
-
2007-11-15$74,900
-
2007-11-15historical
-
2007-10-10$84,900
-
2007-10-10historical
-
2007-09-07$89,500
-
2007-09-07historical
-
2007-07-30$74,900
-
2007-07-30$89,900
-
2007-03-10historical
-
2007-01-10$99,900
-
2007-01-10historical
-
2006-10-10$99,900
-
2006-09-20historical
-
2006-03-22$109,900
-
2004-05-18soldstatus $103,000
-
2004-04-12soldstatus $103,000
-
2003-11-10$98,900
-
2001-11-19historical
-
2001-07-17$109,000
-
2000-09-26soldstatus $96,000
-
2000-08-10soldstatus $96,000
-
2000-08-04soldstatus $96,000
-
2000-07-31historical
-
2000-07-25$96,000
-
2000-07-25historical
-
2000-05-26$96,000
-
2000-05-25$96,000
-
2000-05-25historical
-
2000-04-12$105,000
-
1992-09-17soldstatus $38,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast MI · Partial reset (capped growth)
- Current annual tax
- $1,969 · $164/mo
- Projected year-2 tax
- $2,517 · $210/mo
- Expected delta
- +$548/yr (+$46/mo · 27.8%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 4/10 Moderate 3 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
- $21,301
- − Mortgage interest
- −$11,147
- − Property taxes
- −$1,969
- − Insurance
- −$995
- − Repairs & maintenance
- −$1,704
- − Management
- −$1,704
- − Depreciation
- −$5,789
- Taxable loss
- −$2,008
- Est. tax savings @ 24.0%
- +$482
- After-tax cash flow
- $1,822/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
- Southfield Public School District
- NCES district ID
- 2632310
- Math proficiency
- 17% ▼ -3.00%
- Reading proficiency
- 37% ▲ 1.00%
- Median HH income
- $51,400
- Composite
- 23.77/100
- National rank
- #7814
- State rank
- #392 of 540 in MI
Livability — Southfield
- Score
- 72/100
- State rank
- #248
- US rank
- #6175
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Southfield, MI
- County
- Oakland County · 1,009,092 people
- City population
- 54,914
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 25,405
- Household income
- $90,058
- Rent vs Own
- Severe rent burden
- 607.0
Population outlook (Oakland County) Hauer SSP2
- Today (2025)
- 1,335,747 people
- By 2030
- 1,375,100 · +2.9%
- By 2040
- 1,435,385 · +7.5%
- By 2050
- 1,469,250 · +10.0%
- By 2075
- 1,531,946 · +14.7%
- By 2100
- 1,450,485 · +8.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.57)
- Race & ethnicity
- Black 57% White 32% Two or more races 7% Hispanic / Latino 3% Asian 2%
- Common ancestry
- Romanian 3% Slovak 1% Scotch-Irish 1%
- Foreign-born
- 8% · Canada, Vietnam
- Languages at home
- 90% English-only · Spanish 3% Arabic 2% Russian/Polish/Slavic 1%
Political lean MEDSL · Oakland
- 2024 margin
- D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
- 2008→2024 swing
- -3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
- All cycles
- 2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -192.13%
- Current HPI
- 229.2304
- Rent YoY
- ▲ 4.84%
- Metro
- Detroit-Warren-Dearborn, MI
- State GDP YoY
- ▲ 1.37%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in MI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Automotive Parts | 3 | $48B |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
|
||
| Automotive Technology | 1 | $20B |
|
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Price history
+423.7% since first listed44 events — show timeline
- 2026-05-12 Pending — REALCOMP
- 2026-05-12 Pending — MiRealSource-MiMLS
- 2026-04-24 Listed $199,000 MiRealSource-MiMLS
- 2026-04-24 Listed $199,000 REALCOMP
- 2026-04-23 Coming Soon $199,000 MiRealSource-MiMLS
- 2008-04-16 Sold (MLS) $57,900 MiRealSource-MiMLS
- 2008-04-16 Sold (MLS) $57,900 REALCOMP
- 2008-03-19 Listing Removed — MiRealSource-MiMLS
- 2008-02-20 Listing Removed — REALCOMP
- 2008-02-20 Listed $49,900 REALCOMP
- 2007-12-19 Listing Removed — MiRealSource-MiMLS
- 2007-12-19 Listing Removed — REALCOMP
- 2007-12-19 Listed $59,900 REALCOMP
- 2007-12-15 Listed $49,900 MiRealSource-MiMLS
- 2007-11-15 Listing Removed — REALCOMP
- 2007-11-15 Listed $74,900 REALCOMP
- 2007-10-10 Listing Removed — REALCOMP
- 2007-10-10 Listed $84,900 REALCOMP
- 2007-09-07 Listing Removed — REALCOMP
- 2007-09-07 Listed $89,500 REALCOMP
- 2007-07-30 Listed $89,900 REALCOMP
- 2007-07-30 Listed $74,900 MiRealSource-MiMLS
- 2007-03-10 Listing Removed — REALCOMP
- 2007-01-10 Listing Removed — REALCOMP
- 2007-01-10 Listed $99,900 REALCOMP
- 2006-10-10 Listed $99,900 REALCOMP
- 2006-09-20 Listing Removed — REALCOMP
- 2006-03-22 Listed $109,900 REALCOMP
- 2004-05-18 Sold (Public Records) $103,000 Public Records
- 2004-04-12 Sold (MLS) $103,000 REALCOMP
- 2003-11-10 Listed $98,900 REALCOMP
- 2001-11-19 Listing Removed — REALCOMP
- 2001-07-17 Listed $109,000 REALCOMP
- 2000-09-26 Sold (Public Records) $96,000 Public Records
- 2000-08-10 Sold (MLS) $96,000 MiRealSource-MiMLS
- 2000-08-04 Sold (MLS) $96,000 REALCOMP
- 2000-07-31 Listing Removed — MiRealSource-MiMLS
- 2000-07-25 Listing Removed — REALCOMP
- 2000-07-25 Listed $96,000 REALCOMP
- 2000-05-26 Listed $96,000 REALCOMP
- 2000-05-25 Listing Removed — REALCOMP
- 2000-05-25 Listed $96,000 MiRealSource-MiMLS
- 2000-04-12 Listed $105,000 REALCOMP
- 1992-09-17 Sold (Public Records) $38,000 Public Records
Property tax history
+2.0%/yrLatest (2025): $1,969 · +1.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…