2076 Aspen Ln · Vienna, MI 48420

$64,999

4 bd · 2.0 ba · 1,568 sqft · Other · 209 Days on market

Built 2017 0.25 ac lot ↓ 7% since listing

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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 +3.1/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover comfort and convenience in this well-maintained 4-bedroom, 2-bath manufactured home, offering generous living space for the whole family. The open-concept floor plan features a bright living area, a functional kitchen with ample cabinetry, and a cozy dining space perfect for gatherings. The primary suite includes a private bath, while three additional bedrooms provide flexibility for guests, a home office, or hobbies. Situated on a 1/4 acre lot, there’s plenty of outdoor space to enjoy. Affordable and move-in ready—don’t miss your chance to make this your new home!

Key facts

• 0.25 acre lot
• Built 2017
• Listed 209 days

Property features AI

Finance

• Other: Located in the Maple Run subdivision; cross streets Wilson and Neff
• Financial info: Not specified
• HOA & community: Homeowners association present

Exterior

• Parking: Not specified
• Security: Not specified
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One-level home
• Construction: Vinyl siding; Slab foundation
• Exterior features: Lot roughly 40 x 100 (about 0.25 acre); No pool

Interior

• Kitchen: Not specified
• Bedrooms: Not specified
• Flooring: Not specified
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air conditioning; Forced air heating; Natural gas heat
• Interior features: Total of 4 rooms
• Laundry & utility: Not specified

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath other listed at $65k.

Deal economics

• At list price, monthly cash flow is $638 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Recommended offer: $57k (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.
• Clio Area School District (suburban): math 27% / reading 44% proficiency, ranked #269 of 540 in MI (top 50%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 148 active listings in the ZIP; 419 units permitted in Genesee County in 2024 (68 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $449 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Genesee County population projected at -27% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 209 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $5k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $57,199 (12.0% below list)

Questions for the listing agent

1. It's been on market 209 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 2.12% ✓
• Cap rate: 18.06%
• Cash-on-cash: 42.04%
• DSCR: 2.87
• GRM: 3.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 38.7%
• Equity multiple: 2.65×
• Total profit: $30,096
• Equity at exit: $9,692

10-year hold

• IRR: 45.2%
• Equity multiple: 5.32×
• Total profit: $78,581
• Equity at exit: $5,620

Cash invested: $18,200 (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.

Methodology + full state rankings →

ZIP-level market 48420

• Active inventory: 148
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $1,376 medium
• Mortgage (P&I): −$341
• Tax est. 1.5%: −$81 /mo · $975/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$289
• Net cashflow: $638

Break-even live

Break-even rent $569

Max offer price $64,999

Occupancy floor 49%

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Listing history 27 events

1. 2026-06-18
   days on market $64,999 Active 209 DOM
2. 2026-06-17
   days on market $64,999 Active 208 DOM
3. 2026-06-16
   days on market $64,999 Active 207 DOM
4. 2026-06-15
   days on market $64,999 Active 206 DOM
5. 2026-06-14
   days on market $64,999 Active 204 DOM
6. 2026-06-13
   days on market $64,999 Active 203 DOM
7. 2026-06-10
   days on market $64,999 Active 201 DOM
8. 2026-06-09
   days on market $64,999 Active 200 DOM
9. 2026-06-08
   days on market $64,999 Active 199 DOM
10. 2026-06-07
    days on market $64,999 Active 198 DOM
11. 2026-06-03
    days on market $64,999 Active 194 DOM
12. 2026-06-02
    days on market $64,999 Active 193 DOM
13. 2026-06-01
    days on market $64,999 Active 192 DOM
14. 2026-05-31
    days on market $64,999 Active 191 DOM
15. 2026-05-30
    days on market $64,999 Active 190 DOM
16. 2026-05-19
    price $64,999 598-char remark

    Show marketing remark (598 chars)

    Discover comfort and convenience in this well-maintained 4-bedroom, 2-bath manufactured home, offering generous living space for the whole family. The open-concept floor plan features a bright living area, a functional kitchen with ample cabinetry, and a cozy dining space perfect for gatherings. The primary suite includes a private bath, while three additional bedrooms provide flexibility for guests, a home office, or hobbies. Situated on a 1/4 acre lot, there’s plenty of outdoor space to enjoy. Affordable and move-in ready—don’t miss your chance to make this your new home!

17. 2026-05-19
    status Active

    Show marketing remark (598 chars)

    Discover comfort and convenience in this well-maintained 4-bedroom, 2-bath manufactured home, offering generous living space for the whole family. The open-concept floor plan features a bright living area, a functional kitchen with ample cabinetry, and a cozy dining space perfect for gatherings. The primary suite includes a private bath, while three additional bedrooms provide flexibility for guests, a home office, or hobbies. Situated on a 1/4 acre lot, there’s plenty of outdoor space to enjoy. Affordable and move-in ready—don’t miss your chance to make this your new home!

18. 2026-05-19
    price $64,999

    Show marketing remark (598 chars)

    Discover comfort and convenience in this well-maintained 4-bedroom, 2-bath manufactured home, offering generous living space for the whole family. The open-concept floor plan features a bright living area, a functional kitchen with ample cabinetry, and a cozy dining space perfect for gatherings. The primary suite includes a private bath, while three additional bedrooms provide flexibility for guests, a home office, or hobbies. Situated on a 1/4 acre lot, there’s plenty of outdoor space to enjoy. Affordable and move-in ready—don’t miss your chance to make this your new home!

19. 2026-05-19
    status Active 598-char remark

    Show marketing remark (598 chars)

    Discover comfort and convenience in this well-maintained 4-bedroom, 2-bath manufactured home, offering generous living space for the whole family. The open-concept floor plan features a bright living area, a functional kitchen with ample cabinetry, and a cozy dining space perfect for gatherings. The primary suite includes a private bath, while three additional bedrooms provide flexibility for guests, a home office, or hobbies. Situated on a 1/4 acre lot, there’s plenty of outdoor space to enjoy. Affordable and move-in ready—don’t miss your chance to make this your new home!

20. 2026-02-14
    historical

    Show marketing remark (598 chars)

    Discover comfort and convenience in this well-maintained 4-bedroom, 2-bath manufactured home, offering generous living space for the whole family. The open-concept floor plan features a bright living area, a functional kitchen with ample cabinetry, and a cozy dining space perfect for gatherings. The primary suite includes a private bath, while three additional bedrooms provide flexibility for guests, a home office, or hobbies. Situated on a 1/4 acre lot, there’s plenty of outdoor space to enjoy. Affordable and move-in ready—don’t miss your chance to make this your new home!

21. 2026-02-14
    historical 598-char remark

    Show marketing remark (598 chars)

    Discover comfort and convenience in this well-maintained 4-bedroom, 2-bath manufactured home, offering generous living space for the whole family. The open-concept floor plan features a bright living area, a functional kitchen with ample cabinetry, and a cozy dining space perfect for gatherings. The primary suite includes a private bath, while three additional bedrooms provide flexibility for guests, a home office, or hobbies. Situated on a 1/4 acre lot, there’s plenty of outdoor space to enjoy. Affordable and move-in ready—don’t miss your chance to make this your new home!

22. 2025-12-08
    price $60,000 598-char remark

    Show marketing remark (598 chars)

    Discover comfort and convenience in this well-maintained 4-bedroom, 2-bath manufactured home, offering generous living space for the whole family. The open-concept floor plan features a bright living area, a functional kitchen with ample cabinetry, and a cozy dining space perfect for gatherings. The primary suite includes a private bath, while three additional bedrooms provide flexibility for guests, a home office, or hobbies. Situated on a 1/4 acre lot, there’s plenty of outdoor space to enjoy. Affordable and move-in ready—don’t miss your chance to make this your new home!

23. 2025-12-08
    price $60,000

    Show marketing remark (598 chars)

    Discover comfort and convenience in this well-maintained 4-bedroom, 2-bath manufactured home, offering generous living space for the whole family. The open-concept floor plan features a bright living area, a functional kitchen with ample cabinetry, and a cozy dining space perfect for gatherings. The primary suite includes a private bath, while three additional bedrooms provide flexibility for guests, a home office, or hobbies. Situated on a 1/4 acre lot, there’s plenty of outdoor space to enjoy. Affordable and move-in ready—don’t miss your chance to make this your new home!

24. 2025-09-23
    price $64,999 598-char remark

    Show marketing remark (598 chars)

    Discover comfort and convenience in this well-maintained 4-bedroom, 2-bath manufactured home, offering generous living space for the whole family. The open-concept floor plan features a bright living area, a functional kitchen with ample cabinetry, and a cozy dining space perfect for gatherings. The primary suite includes a private bath, while three additional bedrooms provide flexibility for guests, a home office, or hobbies. Situated on a 1/4 acre lot, there’s plenty of outdoor space to enjoy. Affordable and move-in ready—don’t miss your chance to make this your new home!

25. 2025-09-23
    price $64,999

    Show marketing remark (598 chars)

    Discover comfort and convenience in this well-maintained 4-bedroom, 2-bath manufactured home, offering generous living space for the whole family. The open-concept floor plan features a bright living area, a functional kitchen with ample cabinetry, and a cozy dining space perfect for gatherings. The primary suite includes a private bath, while three additional bedrooms provide flexibility for guests, a home office, or hobbies. Situated on a 1/4 acre lot, there’s plenty of outdoor space to enjoy. Affordable and move-in ready—don’t miss your chance to make this your new home!

26. 2025-08-12
    listed $70,000 Active 598-char remark

    Show marketing remark (598 chars)

    Discover comfort and convenience in this well-maintained 4-bedroom, 2-bath manufactured home, offering generous living space for the whole family. The open-concept floor plan features a bright living area, a functional kitchen with ample cabinetry, and a cozy dining space perfect for gatherings. The primary suite includes a private bath, while three additional bedrooms provide flexibility for guests, a home office, or hobbies. Situated on a 1/4 acre lot, there’s plenty of outdoor space to enjoy. Affordable and move-in ready—don’t miss your chance to make this your new home!

27. 2025-08-12
    listed $70,000 Active

    Show marketing remark (598 chars)

    Discover comfort and convenience in this well-maintained 4-bedroom, 2-bath manufactured home, offering generous living space for the whole family. The open-concept floor plan features a bright living area, a functional kitchen with ample cabinetry, and a cozy dining space perfect for gatherings. The primary suite includes a private bath, while three additional bedrooms provide flexibility for guests, a home office, or hobbies. Situated on a 1/4 acre lot, there’s plenty of outdoor space to enjoy. Affordable and move-in ready—don’t miss your chance to make this your new home!

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

Taxation est. · year 1

• Rental income: $16,508
• − Mortgage interest: −$3,641
• − Property taxes: −$975
• − Insurance: −$325
• − Repairs & maintenance: −$1,321
• − Management: −$1,321
• − Depreciation: −$1,891
• Taxable income: $7,035
• Est. tax owed @ 24.0%: −$1,688
• After-tax cash flow: $5,963/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: Clio Area School District
• NCES district ID: 2610110
• Math proficiency: 27% ▼ -4.00%
• Reading proficiency: 44% ▼ -7.00%
• Median HH income: $51,368
• Composite: 30.83/100
• National rank: #6134
• State rank: #269 of 540 in MI

Livability — Vienna

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

Census & demographics

• Population (ZIP): 21,213

Population outlook (Genesee County) Hauer SSP2

• Today (2025): 381,312 people
• By 2030: 362,731 · -4.9%
• By 2040: 321,550 · -15.7%
• By 2050: 279,212 · -26.8%
• By 2075: 193,336 · -49.3%
• By 2100: 128,118 · -66.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Hispanic / Latino 4% Two or more races 3% Black 3%
• Common ancestry: Romanian 8% Lithuanian 5% Italian 4%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Genesee

• 2024 margin: Toss-up / Even · D 51.4% · R 47.2% · Other 1.4%
• 2008→2024 swing: -28.3pp toward R · 2008: 32.5pp · 2024: 4.2pp
• All cycles: 2024: D+4.2 2020: D+9.3 2016: D+9.5 2012: D+28.2 2008: D+32.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -192.27%
• Current HPI: 186.7816
• 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
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

-7.1% since first listed

12 events — show timeline

• 2026-05-19 Price Changed $64,999 MiRealSource-MiMLS
• 2026-05-19 Relisted — REALCOMP
• 2026-05-19 Price Changed $64,999 REALCOMP
• 2026-05-19 Relisted — MiRealSource-MiMLS
• 2026-02-14 Listing Removed — REALCOMP
• 2026-02-14 Listing Removed — MiRealSource-MiMLS
• 2025-12-08 Price Changed $60,000 MiRealSource-MiMLS
• 2025-12-08 Price Changed $60,000 REALCOMP
• 2025-09-23 Price Changed $64,999 MiRealSource-MiMLS
• 2025-09-23 Price Changed $64,999 REALCOMP
• 2025-08-12 Listed $70,000 REALCOMP
• 2025-08-12 Listed $70,000 MiRealSource-MiMLS

Property tax history

+2.9%/yr

Latest (2025): $18 · +2.6% YoY. Source: county tax records.