10311 Saratoga St · Oak Park, MI 48237

$143,000

2 bd · 1.0 ba · 829 sqft · SingleFamily public records · 28 Days on market

Built 1953 5,227 sqft lot Est $150k · at est.

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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 +15.6/30.0
• ARV discount +9.6/15.0
• 1% rule +4.8/10.0
• DSCR +4.8/10.0
• Livability +4.2/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

What an awesome opportunity in Oak Park! A fabulous 2 bedroom 1 bath ranch remodeled in 2021, with a huge back yard for entertainment and barbeques, kids play area, or that future deck and pool. Inside you'll find low maintenance flooring, an attic fan to create air flow and keep you cool in summer without much A/C use, large kitchen with included appliances, newer cabinets, and newer countertop, and subway tile back splash. The living room has a large picture window that lets in tons of natural light. Extra room is awaiting your specific need and finishes. Big ticket items have already been done for you. .. furnace, A/C, new roof. A Home Warranty is provided as well for the buyer's peace of mind. With an abundance of unique restaurants and shops, and only 5 minutes from downtown Ferndale, this is THE place to call home. BATVAI

Key facts

• 5,227 sq ft lot
• Built 1953
• Listed 28 days

Property features AI

Exterior

• Parking: No garage
• Utilities: Public water; Public sewer; Sewer available
• Home design: Single-family residence; One story; Entry on ground level
• Construction: Brick and vinyl siding exterior; Slab foundation
• Exterior features: Paved road access; Lot approximately 0.12 acres (51 x 105)

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Central air; Attic fan; Forced air heating; Natural gas heating
• Interior features: 6 total rooms; Ground-level entry; Home warranty in place

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $143k.

Deal economics

• At list price, monthly cash flow is $59 ($714/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 $140k (2.0% below list).
• Recommended offer: $140k (2.0% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 4.9% in Oak Park — 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 83/100 on livability (#41 in MI, #888 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D+, crime D.
• Oak Park School District (suburban): math 5% / reading 15% proficiency, ranked #521 of 540 in MI (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Key Elementary School (math 10% / reading 15%, grade F, #1,202 of 1,397 statewide, top 86%, 541 students, 87% FRL); Oak Park Preparatory Academy (math 7% / reading 20%, grade F, #462 of 493 statewide, top 94%, 694 students, 84% FRL); Oak Park High School (math 2% / reading 12%, grade F, #699 of 713 statewide, top 99%, 993 students, 80% FRL).
• Market conditions: Rents rising (+2.7%/yr); 87 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $989 of loan paydown is wiped out by about $4k 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 28 days — a 2% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 21y 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 $112k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $140,135 (2.0% below list)

Questions for the listing agent

1. Built in 1953 — 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. Crime grade is D 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?
4. 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?
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: 0.98% ✗
• Cap rate: 6.79%
• Cash-on-cash: 1.78%
• DSCR: 1.08
• GRM: 8.5

CMA / ARV

• ARV (on-the-fly): $150,049
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10401 Troy St	0.11mi	2/1.0	828 (-0%)	6mo	$157,000	$190	90
10111 Troy St	0.19mi	2/1.0	829 (0%)	2mo	$149,999	$181	89
10101 Albany St	0.19mi	2/1.0	827 (-0%)	2mo	$150,000	$181	89
10111 Corning St	0.16mi	2/1.0	825 (-0%)	6mo	$115,000	$139	86
10320 Troy St	0.12mi	3/1.0 (+1)	827 (-0%)	4mo	$165,000	$200	85
22141 Morton St	0.41mi	2/1.0	852 (+3%)	4mo	$149,900	$176	73
1636 W Troy St	0.61mi	3/1.0 (+1)	829 (0%)	1mo	$250,000	$302	66
23210 Ithaca St	0.35mi	3/1.0 (+1)	887 (+7%)	4mo	$220,000	$248	64
21341 Reimanville Ave	0.72mi	3/1.0 (+1)	850 (+2%)	0mo	$125,000	$147	57
23066 Ithaca St	0.30mi	3/2.0 (+1)	932 (+12%)	3mo	$230,000	$247	54
21900 Eastwood St	0.55mi	3/1.0 (+1)	912 (+10%)	2mo	$165,000	$181	50
22001 Vale St	0.62mi	3/1.0 (+1)	912 (+10%)	6mo	$150,000	$164	45

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 · 2.71% rent growth · sell at horizon

5-year hold

• IRR: -13.8%
• Equity multiple: 0.51×
• Total profit: $-19,733
• Equity at exit: $21,322

10-year hold

• IRR: -5.3%
• Equity multiple: 0.66×
• Total profit: $-13,733
• Equity at exit: $12,364

Cash invested: $40,040 (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 48237

• Rents YoY: 2.7%
• Active inventory: 87
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,401 high
• Mortgage (P&I): −$750
• Tax from tax record: −$238 /mo · $2,857/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$294
• Net cashflow: $59

Break-even live

Break-even rent $1,326

Max offer price $143,000

Occupancy floor 91%

Sensitivity live

Price	-10% $140	-5% $100	+0% $59	+5% $19	+10% $-21
Rent	-10% $-51	-5% $4	+0% $59	+5% $115	+10% $170
Rate	-1.0pp $132	-0.5pp $96	base $59	+0.5pp $22	+1.0pp $-15

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: $35,750
• Closing costs: $4,290
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10400 Saratoga St Oak Park, MI	2.0	1.0	829	$1,450	$1.75	7d	1	0.03mi
10020 Corning St Oak Park, MI	2.0	1.0	829	$1,400	$1.69	26d	1	0.20mi
22811 Rosewood St Oak Park, MI	3.0	1.0	1000	$1,600	$1.60	26d	1	0.24mi
10050 W Nine Mile Rd Unit 18 Oak Park, MI	2.0	1.0	900	$1,000	$1.11	7d	1	0.26mi
10000 W Nine Mile Rd Unit 3 Oak Park, MI	2.0	1.0	900	$1,000	$1.11	45d	1	0.29mi
8775 W Nine Mile Rd Oak Park, MI	1.0	1.0	552	$1,295	$2.35	14d	2	0.32mi
12800 W 9 Mile Rd Oak Park, MI	1.0–2.0	1.0	775	$1,250	$1.61	26d	1	0.39mi
23511 Majestic St Oak Park, MI	3.0	1.0	1100	$1,750	$1.59	26d	1	0.48mi
21374 Ithaca Ave Ferndale, MI	3.0	1.0	996	$1,775	$1.78	26d	1	0.49mi
22148 Dante St #212 Oak Park, MI	2.0	2.0	916	$1,475	$1.61	23d	1	0.60mi
22148 Dante St #211 Oak Park, MI	2.0	2.0	916	$1,475	$1.61	20d	1	0.60mi
22148 Dante St #211 Oak Park, MI	2.0	1.0	916	$1,475	$1.61	26d	1	0.60mi
22108 Dante St #115 Oak Park, MI	2.0	2.0	898	$1,250	$1.39	26d	1	0.61mi
22108 Dante St Oak Park, MI	2.0	1.0	898	$1,250	$1.39	26d	1	0.66mi
1491 W Nine Mile Rd Unit 9 Ferndale, MI	2.0	1.0	900	$1,350	$1.50	45d	1	0.66mi
1400 W Nine Mile Rd Ferndale, MI	1.0	1.0	725	$950	$1.31	1d	2	0.73mi
21860 Coolidge Hwy #107 Oak Park, MI	1.0	1.0	700	$1,100	$1.57	26d	1	0.75mi
21880 Coolidge Hwy #203 Oak Park, MI	2.0	1.0	938	$1,300	$1.39	26d	1	0.75mi
21850 Coolidge Hwy #203 Oak Park, MI	3.0	2.0	1100	$1,700	$1.55	7d	1	0.75mi
21800 Coolidge Hwy Oak Park, MI	1.0–2.0	1.0	938	$1,300	$1.39	26d	3	0.76mi
1260 W Nine Mile Rd Unit 13 Ferndale, MI	2.0	1.0	1000	$1,399	$1.40	17d	1	0.85mi
1220 W Nine Mile Rd Ferndale, MI	1.0	1.0	725	$995	$1.37	1d	2	0.88mi
20515 Ilene St Detroit, MI	3.0	1.0	891	$1,450	$1.63	45d	1	0.92mi
20460 Griggs St Detroit, MI	2.0	1.0	910	$1,100	$1.21	19d	1	0.97mi
13600 Kenwood St Oak Park, MI	1.0–2.0	1.0	770	$1,649	$2.14	1d	27	0.98mi
20429 Monte Vista St Detroit, MI	3.0	1.0	872	$1,300	$1.49	19d	1	1.00mi
20445 Kentucky St Detroit, MI	3.0	1.0	1046	$1,200	$1.15	26d	1	1.02mi
20458 Indiana St Detroit, MI	3.0	1.0	1049	$1,300	$1.24	19d	1	1.03mi
14051 W Nine Mile Rd Oak Park, MI	2.0	1.0	900	$1,100	$1.22	26d	1	1.04mi
20245 Manor Detroit, MI	3.0	1.0	1018	$1,400	$1.38	4d	1	1.06mi
20185 Indiana St Detroit, MI	2.0	1.5	1096	$1,275	$1.16	45d	1	1.15mi
20122 Manor St Detroit, MI	3.0	1.0	1028	$1,200	$1.17	45d	1	1.17mi
20032 Monte Vista St Detroit, MI	3.0	1.0	1000	$1,294	$1.29	22d	1	1.22mi
578 Kensington Ave Ferndale, MI	2.0	1.0	860	$1,600	$1.86	7d	1	1.25mi
695 Livernois St Unit 3 Ferndale, MI	1.0	1.0	830	$2,150	$2.59	14d	1	1.30mi
695 Livernois St Unit 2 Ferndale, MI	2.0	1.0	950	$2,350	$2.47	6d	1	1.30mi
20009 Wisconsin St Detroit, MI	3.0	1.5	1051	$1,400	$1.33	19d	1	1.31mi
19929 Monte Vista St Detroit, MI	3.0	1.0	860	$1,450	$1.69	19d	1	1.32mi
20110 Northlawn St Detroit, MI	3.0	1.0	1100	$1,350	$1.23	19d	1	1.32mi
510 Stratford Rd Ferndale, MI	2.0	1.0	965	$1,750	$1.81	45d	1	1.32mi

Listing history 40 events

1. 2026-05-21
   status Pending 839-char remark

   Show marketing remark (839 chars)

   What an awesome opportunity in Oak Park! A fabulous 2 bedroom 1 bath ranch remodeled in 2021, with a huge back yard for entertainment and barbeques, kids play area, or that future deck and pool. Inside you'll find low maintenance flooring, an attic fan to create air flow and keep you cool in summer without much A/C use, large kitchen with included appliances, newer cabinets, and newer countertop, and subway tile back splash. The living room has a large picture window that lets in tons of natural light. Extra room is awaiting your specific need and finishes. Big ticket items have already been done for you. .. furnace, A/C, new roof. A Home Warranty is provided as well for the buyer's peace of mind. With an abundance of unique restaurants and shops, and only 5 minutes from downtown Ferndale, this is THE place to call home. BATVAI

2. 2026-05-21
   status Pending

   Show marketing remark (839 chars)

   What an awesome opportunity in Oak Park! A fabulous 2 bedroom 1 bath ranch remodeled in 2021, with a huge back yard for entertainment and barbeques, kids play area, or that future deck and pool. Inside you'll find low maintenance flooring, an attic fan to create air flow and keep you cool in summer without much A/C use, large kitchen with included appliances, newer cabinets, and newer countertop, and subway tile back splash. The living room has a large picture window that lets in tons of natural light. Extra room is awaiting your specific need and finishes. Big ticket items have already been done for you. .. furnace, A/C, new roof. A Home Warranty is provided as well for the buyer's peace of mind. With an abundance of unique restaurants and shops, and only 5 minutes from downtown Ferndale, this is THE place to call home. BATVAI

3. 2026-05-05
   price $143,000 839-char remark

   Show marketing remark (839 chars)

   What an awesome opportunity in Oak Park! A fabulous 2 bedroom 1 bath ranch remodeled in 2021, with a huge back yard for entertainment and barbeques, kids play area, or that future deck and pool. Inside you'll find low maintenance flooring, an attic fan to create air flow and keep you cool in summer without much A/C use, large kitchen with included appliances, newer cabinets, and newer countertop, and subway tile back splash. The living room has a large picture window that lets in tons of natural light. Extra room is awaiting your specific need and finishes. Big ticket items have already been done for you. .. furnace, A/C, new roof. A Home Warranty is provided as well for the buyer's peace of mind. With an abundance of unique restaurants and shops, and only 5 minutes from downtown Ferndale, this is THE place to call home. BATVAI

4. 2026-05-05
   price $143,000

   Show marketing remark (839 chars)

   What an awesome opportunity in Oak Park! A fabulous 2 bedroom 1 bath ranch remodeled in 2021, with a huge back yard for entertainment and barbeques, kids play area, or that future deck and pool. Inside you'll find low maintenance flooring, an attic fan to create air flow and keep you cool in summer without much A/C use, large kitchen with included appliances, newer cabinets, and newer countertop, and subway tile back splash. The living room has a large picture window that lets in tons of natural light. Extra room is awaiting your specific need and finishes. Big ticket items have already been done for you. .. furnace, A/C, new roof. A Home Warranty is provided as well for the buyer's peace of mind. With an abundance of unique restaurants and shops, and only 5 minutes from downtown Ferndale, this is THE place to call home. BATVAI

5. 2026-04-24
   listed $148,000 Active 839-char remark

   Show marketing remark (839 chars)

   What an awesome opportunity in Oak Park! A fabulous 2 bedroom 1 bath ranch remodeled in 2021, with a huge back yard for entertainment and barbeques, kids play area, or that future deck and pool. Inside you'll find low maintenance flooring, an attic fan to create air flow and keep you cool in summer without much A/C use, large kitchen with included appliances, newer cabinets, and newer countertop, and subway tile back splash. The living room has a large picture window that lets in tons of natural light. Extra room is awaiting your specific need and finishes. Big ticket items have already been done for you. .. furnace, A/C, new roof. A Home Warranty is provided as well for the buyer's peace of mind. With an abundance of unique restaurants and shops, and only 5 minutes from downtown Ferndale, this is THE place to call home. BATVAI

6. 2026-04-24
   listed $148,000 Active

   Show marketing remark (839 chars)

   What an awesome opportunity in Oak Park! A fabulous 2 bedroom 1 bath ranch remodeled in 2021, with a huge back yard for entertainment and barbeques, kids play area, or that future deck and pool. Inside you'll find low maintenance flooring, an attic fan to create air flow and keep you cool in summer without much A/C use, large kitchen with included appliances, newer cabinets, and newer countertop, and subway tile back splash. The living room has a large picture window that lets in tons of natural light. Extra room is awaiting your specific need and finishes. Big ticket items have already been done for you. .. furnace, A/C, new roof. A Home Warranty is provided as well for the buyer's peace of mind. With an abundance of unique restaurants and shops, and only 5 minutes from downtown Ferndale, this is THE place to call home. BATVAI

7. 2026-04-23
   historical $148,000 839-char remark

   Show marketing remark (839 chars)

   What an awesome opportunity in Oak Park! A fabulous 2 bedroom 1 bath ranch remodeled in 2021, with a huge back yard for entertainment and barbeques, kids play area, or that future deck and pool. Inside you'll find low maintenance flooring, an attic fan to create air flow and keep you cool in summer without much A/C use, large kitchen with included appliances, newer cabinets, and newer countertop, and subway tile back splash. The living room has a large picture window that lets in tons of natural light. Extra room is awaiting your specific need and finishes. Big ticket items have already been done for you. .. furnace, A/C, new roof. A Home Warranty is provided as well for the buyer's peace of mind. With an abundance of unique restaurants and shops, and only 5 minutes from downtown Ferndale, this is THE place to call home. BATVAI

8. 2022-06-29
   soldstatus $112,000
9. 2022-06-16
   soldstatus $112,000 Sold 810-char remark

   Show marketing remark (810 chars)

   This cozy quaint ranch on a quiet tree-lined street in Oak Park is ready to call home. This house has a huge backyard for entertaining and will make the perfect starter house for those looking for an affordable place in a great neighborhood or a nice retirement home if you're considering downsizing. Recent updates include the kitchen, bathroom, flooring, paint, and much more. The addition offers an additional 200 square feet and is ready to be finished or used as a flex space. Nine Mile Rd recently underwent a multi-million dollar streetscape renovation and includes bike lanes, recreational installations, and wayfinding signage which is still ongoing. There are also many other amenities like parks, schools, and grocery stores within minutes of driving or biking. Check this home out before it's gone.

10. 2022-06-16
    soldstatus $112,000 Closed

    Show marketing remark (810 chars)

    This cozy quaint ranch on a quiet tree-lined street in Oak Park is ready to call home. This house has a huge backyard for entertaining and will make the perfect starter house for those looking for an affordable place in a great neighborhood or a nice retirement home if you're considering downsizing. Recent updates include the kitchen, bathroom, flooring, paint, and much more. The addition offers an additional 200 square feet and is ready to be finished or used as a flex space. Nine Mile Rd recently underwent a multi-million dollar streetscape renovation and includes bike lanes, recreational installations, and wayfinding signage which is still ongoing. There are also many other amenities like parks, schools, and grocery stores within minutes of driving or biking. Check this home out before it's gone.

11. 2022-05-24
    status Pending

    Show marketing remark (810 chars)

    This cozy quaint ranch on a quiet tree-lined street in Oak Park is ready to call home. This house has a huge backyard for entertaining and will make the perfect starter house for those looking for an affordable place in a great neighborhood or a nice retirement home if you're considering downsizing. Recent updates include the kitchen, bathroom, flooring, paint, and much more. The addition offers an additional 200 square feet and is ready to be finished or used as a flex space. Nine Mile Rd recently underwent a multi-million dollar streetscape renovation and includes bike lanes, recreational installations, and wayfinding signage which is still ongoing. There are also many other amenities like parks, schools, and grocery stores within minutes of driving or biking. Check this home out before it's gone.

12. 2022-05-24
    status Pending 810-char remark

    Show marketing remark (810 chars)

    This cozy quaint ranch on a quiet tree-lined street in Oak Park is ready to call home. This house has a huge backyard for entertaining and will make the perfect starter house for those looking for an affordable place in a great neighborhood or a nice retirement home if you're considering downsizing. Recent updates include the kitchen, bathroom, flooring, paint, and much more. The addition offers an additional 200 square feet and is ready to be finished or used as a flex space. Nine Mile Rd recently underwent a multi-million dollar streetscape renovation and includes bike lanes, recreational installations, and wayfinding signage which is still ongoing. There are also many other amenities like parks, schools, and grocery stores within minutes of driving or biking. Check this home out before it's gone.

13. 2022-05-20
    listed $100,000 Active 810-char remark

    Show marketing remark (810 chars)

    This cozy quaint ranch on a quiet tree-lined street in Oak Park is ready to call home. This house has a huge backyard for entertaining and will make the perfect starter house for those looking for an affordable place in a great neighborhood or a nice retirement home if you're considering downsizing. Recent updates include the kitchen, bathroom, flooring, paint, and much more. The addition offers an additional 200 square feet and is ready to be finished or used as a flex space. Nine Mile Rd recently underwent a multi-million dollar streetscape renovation and includes bike lanes, recreational installations, and wayfinding signage which is still ongoing. There are also many other amenities like parks, schools, and grocery stores within minutes of driving or biking. Check this home out before it's gone.

14. 2022-05-20
    listed $100,000 Active

    Show marketing remark (810 chars)

    This cozy quaint ranch on a quiet tree-lined street in Oak Park is ready to call home. This house has a huge backyard for entertaining and will make the perfect starter house for those looking for an affordable place in a great neighborhood or a nice retirement home if you're considering downsizing. Recent updates include the kitchen, bathroom, flooring, paint, and much more. The addition offers an additional 200 square feet and is ready to be finished or used as a flex space. Nine Mile Rd recently underwent a multi-million dollar streetscape renovation and includes bike lanes, recreational installations, and wayfinding signage which is still ongoing. There are also many other amenities like parks, schools, and grocery stores within minutes of driving or biking. Check this home out before it's gone.

15. 2021-03-18
    soldstatus $61,500 Sold
16. 2021-03-18
    soldstatus $61,500 Closed
17. 2021-03-05
    status Pending
18. 2021-03-05
    status Pending
19. 2021-03-03
    price $69,999
20. 2021-03-02
    price $69,999
21. 2021-03-02
    status Active
22. 2021-03-02
    status Active
23. 2021-01-29
    status Pending
24. 2021-01-29
    status Pending
25. 2021-01-15
    status Active
26. 2021-01-13
    historical
27. 2020-12-28
    price $79,999
28. 2020-12-27
    price $79,999
29. 2020-11-09
    listed $89,999 Active
30. 2020-11-09
    listed $89,999 Active
31. 2011-11-03
    soldstatus $12,750
32. 2011-11-03
    soldstatus $12,750
33. 2011-08-08
    historical
34. 2011-08-05
    listed $22,000
35. 2011-08-05
    listed $22,000
36. 2005-08-09
    soldstatus $70,000
37. 2005-06-30
    soldstatus $70,000
38. 2005-04-04
    listed $70,000
39. 1996-08-05
    soldstatus $38,000
40. 1994-03-14
    soldstatus $28,900

ⓘ 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: $2,857 · $238/mo
• Projected year-2 tax: $2,857 · $238/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) · 10% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 6 d/yr ≥97°F today · 13 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

Taxation est. · year 1

• Rental income: $16,816
• − Mortgage interest: −$8,010
• − Property taxes: −$2,857
• − Insurance: −$715
• − Repairs & maintenance: −$1,345
• − Management: −$1,345
• − Depreciation: −$4,160
• Taxable loss: −$1,617
• Est. tax savings @ 24.0%: +$388
• After-tax cash flow: $1,102/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: Oak Park School District
• NCES district ID: 2626190
• Math proficiency: 5% ▼ -5.00%
• Reading proficiency: 15% ▼ -5.00%
• Median HH income: $46,117
• Composite: 9.21/100
• National rank: #9862
• State rank: #521 of 540 in MI

Livability — Oak Park

• Score: 83/100
• State rank: #41
• US rank: #888

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Oak Park, MI
• County: Oakland County · 1,009,092 people
• City population: 29,318
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 29,318
• Household income: $71,510
• Rent vs Own: 36.7% rent · 63.3% own
• Severe rent burden: 960.0

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 0.59)
• Race & ethnicity: Black 53% White 36% Two or more races 6% Asian 3% Hispanic / Latino 1%
• Common ancestry: Romanian 4% Scotch-Irish 3% Slovak 1%
• Foreign-born: 8% · Vietnam, Canada, South Korea
• Languages at home: 90% English-only · Russian/Polish/Slavic 3% Arabic 1% Vietnamese 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: ▼ -336.34%
• Current HPI: 229.1148
• Rent YoY: ▲ 2.71%
• 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

+394.8% since first listed

40 events — show timeline

• 2026-05-21 Pending — MiRealSource-MiMLS
• 2026-05-21 Pending — REALCOMP
• 2026-05-05 Price Changed $143,000 MiRealSource-MiMLS
• 2026-05-05 Price Changed $143,000 REALCOMP
• 2026-04-24 Listed $148,000 MiRealSource-MiMLS
• 2026-04-24 Listed $148,000 REALCOMP
• 2026-04-23 Coming Soon $148,000 MiRealSource-MiMLS
• 2022-06-29 Sold (Public Records) $112,000 Public Records
• 2022-06-16 Sold (MLS) $112,000 MiRealSource-MiMLS
• 2022-06-16 Sold (MLS) $112,000 REALCOMP
• 2022-05-24 Pending — MiRealSource-MiMLS
• 2022-05-24 Pending — REALCOMP
• 2022-05-20 Listed $100,000 MiRealSource-MiMLS
• 2022-05-20 Listed $100,000 REALCOMP
• 2021-03-18 Sold (MLS) $61,500 MiRealSource-MiMLS
• 2021-03-18 Sold (MLS) $61,500 REALCOMP
• 2021-03-05 Pending — MiRealSource-MiMLS
• 2021-03-05 Pending — REALCOMP
• 2021-03-03 Price Changed $69,999 MiRealSource-MiMLS
• 2021-03-02 Price Changed $69,999 REALCOMP
• 2021-03-02 Relisted — MiRealSource-MiMLS
• 2021-03-02 Relisted — REALCOMP
• 2021-01-29 Pending — MiRealSource-MiMLS
• 2021-01-29 Pending — REALCOMP
• 2021-01-15 Relisted — REALCOMP
• 2021-01-13 Listing Removed — REALCOMP
• 2020-12-28 Price Changed $79,999 MiRealSource-MiMLS
• 2020-12-27 Price Changed $79,999 REALCOMP
• 2020-11-09 Listed $89,999 MiRealSource-MiMLS
• 2020-11-09 Listed $89,999 REALCOMP
• 2011-11-03 Sold (MLS) $12,750 MiRealSource-MiMLS
• 2011-11-03 Sold (MLS) $12,750 REALCOMP
• 2011-08-08 Listing Removed — MiRealSource-MiMLS
• 2011-08-05 Listed $22,000 MiRealSource-MiMLS
• 2011-08-05 Listed $22,000 REALCOMP
• 2005-08-09 Sold (Public Records) $70,000 Public Records
• 2005-06-30 Sold (MLS) $70,000 REALCOMP
• 2005-04-04 Listed $70,000 REALCOMP
• 1996-08-05 Sold (Public Records) $38,000 Public Records
• 1994-03-14 Sold (Public Records) $28,900 Public Records

Property tax history

+11.3%/yr

Latest (2025): $2,857 · +5.4% YoY. Source: county tax records.