9660 Winthrop St · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the 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 +9.5/15.0
- Rent growth +3.9/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$59,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Investor Special Excellent corner property located in the Grandale neighborhood of Detroit's west side! Fully rehabbed in 2019 including brand new kitchen, updated bathroom, plumbing, electric. Corner lot and fenced back yard. Buyer to pay $495 processing fee to listing broker
Key facts
- Fully rehabbed
- New kitchen
- Fenced back yard
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $60k.
Deal economics
- At list price, monthly cash flow is $662 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $60k).
- Recommended offer: $53k (12.0% below list) — sets the bar for market timing.
- Cap rate 19.6% vs local median 10.1% in Detroit — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
- Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+5.6%/yr); 391 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 $1,372/mo this rent would consume 45% of the median local household income ($37k/yr) (locally 2371% 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 $414 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
- Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
- At projected returns (-3.0% appreciation + 5.6% rent growth), your $17k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- It's been on market 195 days — a 12% lower offer ($53k) is reasonable based on typical stale-listing flexibility.
- 14 sale attempts since 17y ago; this cycle's ask has dropped $25k (30%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $4k; list at $60k implies a 1398% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 195 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 2.29% ✓
- Cap rate
- 19.56%
- Cash-on-cash
- 47.39%
- DSCR
- 3.11
- GRM
- 3.6
CMA / ARV
- ARV (median comp)
- $62,659
- List price
- $59,900
- Delta
- -4.40%
- 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 |
|---|---|---|---|---|---|---|---|
| 9555 Montrose St | 0.13mi | 3/1.0 | 999 (+3%) | 3mo | $45,000 | $45 | 86 |
| 9599 Whitcomb St | 0.16mi | 3/1.0 | 1,060 (+9%) | 1mo | $55,000 | $52 | 76 |
| 9930 Whitcomb St | 0.18mi | 3/1.0 | 1,078 (+11%) | 2mo | $35,000 | $32 | 72 |
| 9580 Mansfield St | 0.26mi | 2/1.0 (-1) | 890 (-8%) | 0mo | $23,000 | $26 | 69 |
| 12057 Forrer St | 0.57mi | 3/1.0 | 1,000 (+3%) | 1mo | $45,000 | $45 | 68 |
| 9997 Robson St | 0.33mi | 3/1.0 | 865 (-11%) | 3mo | $35,000 | $40 | 64 |
| 11669 Strathmoor St | 0.73mi | 3/1.0 | 974 (+0%) | 2mo | $30,000 | $31 | 64 |
| 11360 Prest St | 0.26mi | 3/1.0 | 842 (-13%) | 3mo | $55,000 | $65 | 63 |
| 8871 Sussex St | 0.62mi | 3/1.0 | 1,049 (+8%) | 1mo | $118,000 | $112 | 56 |
| 9909 Asbury Park | 0.46mi | 3/1.0 | 1,095 (+13%) | 1mo | $95,000 | $87 | 56 |
| 12124 Asbury Park | 0.75mi | 3/1.5 | 919 (-5%) | 2mo | $130,000 | $141 | 53 |
| 11375 Grandmont Ave | 0.63mi | 3/1.0 | 1,083 (+12%) | 0mo | $104,000 | $96 | 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 · 5.59% rent growth · sell at horizon
- IRR
- 47.7%
- Equity multiple
- 3.16×
- Total profit
- $36,168
- Equity at exit
- $8,931
- IRR
- 54.5%
- Equity multiple
- 7.07×
- Total profit
- $101,781
- Equity at exit
- $5,179
Cash invested: $16,772 (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 48227
- Rents YoY
- 5.6%
- Active inventory
- 391
- Price-to-rent
- 3.6×
Monthly cashflow live
- Estimated rent
- $1,372 high interval (Pro) →
- Mortgage (P&I)
- −$314
- Tax from tax record
- −$82 /mo · $986/yr
- Insurance
- −$25
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$288
- Net cashflow
- $662
Break-even live
Sensitivity live
| Price | -10% $696 | -5% $679 | +0% $662 | +5% $645 | +10% $628 |
|---|---|---|---|---|---|
| Rent | -10% $554 | -5% $608 | +0% $662 | +5% $716 | +10% $771 |
| Rate | -1.0pp $692 | -0.5pp $678 | base $662 | +0.5pp $647 | +1.0pp $631 |
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
- $14,975
- Closing costs
- $1,797
- 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 33 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 9973 Winthrop St Detroit, MI | 3.0 | 1.0 | 960 | $1,400 | $1.46 | 45d | 1 | 0.08mi |
| 9936 Montrose St Detroit, MI | 3.0 | 1.0 | 963 | $1,200 | $1.25 | 18d | 1 | 0.08mi |
| 9917 Sussex St Detroit, MI | 2.0 | 1.0 | 800 | $1,375 | $1.72 | 45d | 1 | 0.19mi |
| 11345 Greenfield Rd Detroit, MI | 2.0 | 1.0 | 700 | $1,050 | $1.50 | 14d | 1 | 0.20mi |
| 9546 Sussex St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 45d | 1 | 0.25mi |
| 11393 Prest St Detroit, MI | 3.0 | 1.0 | 900 | $1,550 | $1.72 | 18d | 1 | 0.26mi |
| 11397 Whitcomb St Detroit, MI | 3.0 | 1.0 | 1070 | $1,400 | $1.31 | 18d | 1 | 0.28mi |
| 10015 Robson St Detroit, MI | 3.0 | 2.0 | 1000 | $1,400 | $1.40 | 19d | 1 | 0.31mi |
| 9222 Forrer St Detroit, MI | 3.0 | 1.0 | 947 | $1,450 | $1.53 | 18d | 1 | 0.35mi |
| 9386 Coyle St Detroit, MI | 3.0 | 1.0 | 1000 | $1,300 | $1.30 | 3d | 1 | 0.36mi |
| 9345 Rutherford St Unit 3 Detroit, MI | 2.0 | 1.0 | 850 | $1,050 | $1.24 | 25d | 1 | 0.36mi |
| 11634 Sussex St Detroit, MI | 3.0 | 1.0 | 1091 | $1,326 | $1.22 | 25d | 1 | 0.42mi |
| 14740 W Chicago Unit B Detroit, MI | 2.0 | 1.0 | 900 | $845 | $0.94 | 45d | 1 | 0.46mi |
| 9590 Marlowe St Detroit, MI | 2.0 | 1.0 | 877 | $1,430 | $1.63 | 45d | 1 | 0.50mi |
| 12121 Montrose St Detroit, MI | 3.0 | 1.0 | 874 | $1,373 | $1.57 | 23d | 1 | 0.60mi |
| 12039 Lauder St Detroit, MI | 3.0 | 1.5 | 1000 | $1,500 | $1.50 | 25d | 1 | 0.65mi |
| 8604 Whitcomb St Detroit, MI | 3.0 | 2.0 | 1033 | $1,300 | $1.26 | 45d | 1 | 0.76mi |
| 13717 Keal St Detroit, MI | 2.0 | 1.0 | 799 | $1,000 | $1.25 | 45d | 1 | 0.96mi |
| 9108 Archdale St Detroit, MI | 3.0 | 1.0 | 1000 | $1,300 | $1.30 | 6d | 1 | 0.99mi |
| 8212 Lauder St Detroit, MI | 3.0 | 1.0 | 1026 | $1,150 | $1.12 | 45d | 1 | 1.08mi |
| 12754 Marlowe St Detroit, MI | 3.0 | 2.0 | 1008 | $1,400 | $1.39 | 18d | 1 | 1.09mi |
| 12711 Grandmont Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 19d | 1 | 1.12mi |
| 9340 Hartwell St Detroit, MI | 3.0 | 1.0 | 1000 | $1,364 | $1.36 | 45d | 1 | 1.15mi |
| 8114 Marlowe St Unit home Detroit, MI | 3.0 | 1.0 | 985 | $1,350 | $1.37 | 45d | 1 | 1.17mi |
| 12840 Grandmont Ave Detroit, MI | 3.0 | 1.0 | 1100 | $1,200 | $1.09 | 45d | 1 | 1.19mi |
| 18450 W Chicago Detroit, MI | 1.0–2.0 | 1.0 | 687 | $1,117 | $1.62 | 0d | 15 | 1.20mi |
| 8850 Rosemont Ave Detroit, MI | 3.0 | 1.0 | 933 | $1,100 | $1.18 | 19d | 1 | 1.24mi |
| 11741 Penrod St Detroit, MI | 3.0 | 1.0 | 1124 | $1,400 | $1.25 | 18d | 1 | 1.24mi |
| 11704 Greenview Ave Detroit, MI | 4.0 | 1.0 | 1046 | $1,300 | $1.24 | 25d | 1 | 1.32mi |
| 13331 Strathmoor St Detroit, MI | 3.0 | 1.0 | 1084 | $1,100 | $1.01 | 18d | 1 | 1.35mi |
| 8451 Rosemont Ave Detroit, MI | 3.0 | 1.0 | 867 | $1,150 | $1.33 | 45d | 1 | 1.40mi |
| 8262 Rosemont Ave Detroit, MI | 3.0 | 1.0 | 836 | $1,200 | $1.44 | 6d | 1 | 1.46mi |
| 9090 Stahelin Ave Detroit, MI | 2.0 | 1.0 | 787 | $1,250 | $1.59 | 45d | 1 | 1.46mi |
Listing history 44 events
-
2026-06-21days on market $59,900 Active 195 DOM
-
2026-06-18days on market $59,900 Active 192 DOM
-
2026-06-17days on market $59,900 Active 191 DOM
-
2026-06-15days on market $59,900 Active 189 DOM
-
2026-06-13days on market $59,900 Active 187 DOM
-
2026-06-13days on market $59,900 Active 186 DOM
-
2026-06-09days on market $59,900 Active 183 DOM
-
2026-06-08days on market $59,900 Active 182 DOM
-
2026-06-07days on market $59,900 Active 181 DOM
-
2026-06-04days on market $59,900 Active 178 DOM
-
2026-06-03days on market $59,900 Active 177 DOM
-
2026-06-01days on market $59,900 Active 175 DOM
-
2026-05-31days on market $59,900 Active 174 DOM
-
2026-05-07price $59,900 277-char remark
Show marketing remark (277 chars)
Investor Special Excellent corner property located in the Grandale neighborhood of Detroit's west side! Fully rehabbed in 2019 including brand new kitchen, updated bathroom, plumbing, electric. Corner lot and fenced back yard. Buyer to pay $495 processing fee to listing broker
-
2026-05-07price $59,900 277-char remark
Show marketing remark (277 chars)
Investor Special Excellent corner property located in the Grandale neighborhood of Detroit's west side! Fully rehabbed in 2019 including brand new kitchen, updated bathroom, plumbing, electric. Corner lot and fenced back yard. Buyer to pay $495 processing fee to listing broker
-
2026-05-07status Active 277-char remark
Show marketing remark (277 chars)
Investor Special Excellent corner property located in the Grandale neighborhood of Detroit's west side! Fully rehabbed in 2019 including brand new kitchen, updated bathroom, plumbing, electric. Corner lot and fenced back yard. Buyer to pay $495 processing fee to listing broker
-
2026-05-07status Active 277-char remark
Show marketing remark (277 chars)
Investor Special Excellent corner property located in the Grandale neighborhood of Detroit's west side! Fully rehabbed in 2019 including brand new kitchen, updated bathroom, plumbing, electric. Corner lot and fenced back yard. Buyer to pay $495 processing fee to listing broker
-
2026-04-24status Pending 277-char remark
Show marketing remark (277 chars)
Investor Special Excellent corner property located in the Grandale neighborhood of Detroit's west side! Fully rehabbed in 2019 including brand new kitchen, updated bathroom, plumbing, electric. Corner lot and fenced back yard. Buyer to pay $495 processing fee to listing broker
-
2026-04-24status Pending 277-char remark
Show marketing remark (277 chars)
Investor Special Excellent corner property located in the Grandale neighborhood of Detroit's west side! Fully rehabbed in 2019 including brand new kitchen, updated bathroom, plumbing, electric. Corner lot and fenced back yard. Buyer to pay $495 processing fee to listing broker
-
2026-04-16status Active 277-char remark
Show marketing remark (277 chars)
Investor Special Excellent corner property located in the Grandale neighborhood of Detroit's west side! Fully rehabbed in 2019 including brand new kitchen, updated bathroom, plumbing, electric. Corner lot and fenced back yard. Buyer to pay $495 processing fee to listing broker
-
2026-04-16status Active 277-char remark
Show marketing remark (277 chars)
Investor Special Excellent corner property located in the Grandale neighborhood of Detroit's west side! Fully rehabbed in 2019 including brand new kitchen, updated bathroom, plumbing, electric. Corner lot and fenced back yard. Buyer to pay $495 processing fee to listing broker
-
2026-03-26status Pending 277-char remark
Show marketing remark (277 chars)
Investor Special Excellent corner property located in the Grandale neighborhood of Detroit's west side! Fully rehabbed in 2019 including brand new kitchen, updated bathroom, plumbing, electric. Corner lot and fenced back yard. Buyer to pay $495 processing fee to listing broker
-
2026-03-26status Pending 277-char remark
Show marketing remark (277 chars)
Investor Special Excellent corner property located in the Grandale neighborhood of Detroit's west side! Fully rehabbed in 2019 including brand new kitchen, updated bathroom, plumbing, electric. Corner lot and fenced back yard. Buyer to pay $495 processing fee to listing broker
-
2026-02-19price $65,000 277-char remark
Show marketing remark (277 chars)
Investor Special Excellent corner property located in the Grandale neighborhood of Detroit's west side! Fully rehabbed in 2019 including brand new kitchen, updated bathroom, plumbing, electric. Corner lot and fenced back yard. Buyer to pay $495 processing fee to listing broker
-
2026-02-18price $65,000 277-char remark
Show marketing remark (277 chars)
Investor Special Excellent corner property located in the Grandale neighborhood of Detroit's west side! Fully rehabbed in 2019 including brand new kitchen, updated bathroom, plumbing, electric. Corner lot and fenced back yard. Buyer to pay $495 processing fee to listing broker
-
2025-11-05$85,000 Active 277-char remark
Show marketing remark (277 chars)
Investor Special Excellent corner property located in the Grandale neighborhood of Detroit's west side! Fully rehabbed in 2019 including brand new kitchen, updated bathroom, plumbing, electric. Corner lot and fenced back yard. Buyer to pay $495 processing fee to listing broker
-
2025-11-04$85,000 Active 277-char remark
Show marketing remark (277 chars)
Investor Special Excellent corner property located in the Grandale neighborhood of Detroit's west side! Fully rehabbed in 2019 including brand new kitchen, updated bathroom, plumbing, electric. Corner lot and fenced back yard. Buyer to pay $495 processing fee to listing broker
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2025-04-19historical $1,200
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2025-04-17$1,200
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2024-05-06historical $1,200
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2024-03-28$1,200
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2010-04-19soldstatus $4,000
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2010-01-27$5,000
-
2010-01-14historical
-
2009-07-14$7,900
-
2009-06-08historical
-
2009-05-24$5,900
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2009-04-27historical
-
2009-04-15$7,500
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2009-03-25historical
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2009-03-24historical
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2009-02-26$8,900
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2009-02-26$8,900
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1997-04-09soldstatus $21,000
ⓘ 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
- $986 · $82/mo
- Projected year-2 tax
- $986 · $82/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,460
- − Mortgage interest
- −$3,355
- − Property taxes
- −$986
- − Insurance
- −$300
- − Repairs & maintenance
- −$1,317
- − Management
- −$1,317
- − Depreciation
- −$1,743
- Taxable income
- $7,442
- Est. tax owed @ 24.0%
- −$1,786
- After-tax cash flow
- $6,162/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Detroit Public Schools Community District
- NCES district ID
- 2601103
- Math proficiency
- 10% ▼ -2.00%
- Reading proficiency
- 24% ▲ 6.00%
- Median HH income
- $25,815
- Composite
- 13.06/100
- National rank
- #9564
- State rank
- #499 of 540 in MI
Livability — Detroit
- Score
- 73/100
- State rank
- #218
- US rank
- #5427
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Detroit, MI
- County
- Wayne County · 1,562,939 people
- City population
- 572,865
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 40,302
- Household income
- $36,527
- Rent vs Own
- Severe rent burden
- 2371.0
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 (95%)
- Race & ethnicity
- Black 95% Two or more races 3% White 1%
- Foreign-born
- 1%
- Languages at home
- 98% English-only · Spanish 1% 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
- ▼ -125.00%
- Current HPI
- 186.4158
- Rent YoY
- ▲ 5.59%
- Metro
- Detroit-Warren-Dearborn, MI
- State GDP YoY
- ▲ 1.37%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in MI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Automotive Parts | 3 | $48B |
|
||
| Automotive | 2 | $372B |
|
||
| Chemicals | 1 | $45B |
|
||
| Automotive Retail | 1 | $29B |
|
||
| Healthcare / Medical Devices | 1 | $23B |
|
||
| Automotive Technology | 1 | $20B |
|
||
Price history
+185.2% since first listed31 events — show timeline
- 2026-05-07 Price Changed $59,900 MiRealSource-MiMLS
- 2026-05-07 Price Changed $59,900 REALCOMP
- 2026-05-07 Relisted — MiRealSource-MiMLS
- 2026-05-07 Relisted — REALCOMP
- 2026-04-24 Pending — MiRealSource-MiMLS
- 2026-04-24 Pending — REALCOMP
- 2026-04-16 Relisted — MiRealSource-MiMLS
- 2026-04-16 Relisted — REALCOMP
- 2026-03-26 Pending — MiRealSource-MiMLS
- 2026-03-26 Pending — REALCOMP
- 2026-02-19 Price Changed $65,000 MiRealSource-MiMLS
- 2026-02-18 Price Changed $65,000 REALCOMP
- 2025-11-05 Listed $85,000 REALCOMP
- 2025-11-04 Listed $85,000 MiRealSource-MiMLS
- 2025-04-19 Rental Removed $1,200 BUILDIUM
- 2025-04-17 Listed for Rent $1,200 BUILDIUM
- 2024-05-06 Rental Removed $1,200 BUILDIUM
- 2024-03-28 Listed for Rent $1,200 BUILDIUM
- 2010-04-19 Sold (MLS) $4,000 REALCOMP
- 2010-01-27 Listed $5,000 REALCOMP
- 2010-01-14 Listing Removed — REALCOMP
- 2009-07-14 Listed $7,900 REALCOMP
- 2009-06-08 Listing Removed — REALCOMP
- 2009-05-24 Listed $5,900 REALCOMP
- 2009-04-27 Listing Removed — REALCOMP
- 2009-04-15 Listed $7,500 REALCOMP
- 2009-03-25 Listing Removed — MiRealSource-MiMLS
- 2009-03-24 Listing Removed — REALCOMP
- 2009-02-26 Listed $8,900 REALCOMP
- 2009-02-26 Listed $8,900 MiRealSource-MiMLS
- 1997-04-09 Sold (Public Records) $21,000 Public Records
Property tax history
-1.9%/yrLatest (2025): $986 · -36.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…