12054 Ashton Ave · Detroit, MI
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- 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 C grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Rent growth +1.9/5.0
- Schools +1.3/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$79,500
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
What we have here is a good starter home either for a first time homeowner or a budding investor looking to fortify his/her portfolio. Well put together, brick bungalow with newer carpet and paint throughout. A little bit of elbow grease in the right spots will really make this property shine. This property is clean and ready to go. Take a look and make your offer today.
Key facts
- 5,663 sq ft lot
- Built 1949
- Listed 112 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $80k.
Deal economics
- At list price, monthly cash flow is $334 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $80k).
- Recommended offer: $72k (9.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: 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.
- Zoned schools: Henderson Academy (math 10% / reading 10%, grade F, #1,230 of 1,397 statewide, top 91%, 520 students, 91% FRL); Cody High School (math 24% / reading 24%, grade F, #481 of 713 statewide, top 81%, 466 students, 88% FRL) — zoned schools at 89% FRL track the district average.
- Market conditions: Rents soft (-2.3%/yr); 367 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); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
- At $1,331/mo this rent would consume 52% of the median local household income ($31k/yr) (locally 4144% 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 $550 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 + 0.0% rent growth), your $22k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- It's been on market 112 days — a 9% lower offer ($72k) is reasonable based on typical stale-listing flexibility.
- 12 sale attempts since 22y ago; this cycle's ask has dropped $6k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $60k; 32% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: property tax is 4.0% of price; built in 1949 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 112 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- 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
- 1.67% ✓
- Cap rate
- 11.34%
- Cash-on-cash
- 18.02%
- DSCR
- 1.80
- GRM
- 5.0
CMA / ARV
- ARV (median comp)
- $60,068
- List price
- $79,500
- Delta
- 32.35%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 11658 Ashton Ave | 0.14mi | 3/1.0 | 1,080 (-7%) | 0mo | $89,000 | $82 | 81 |
| 11646 Glastonbury Ave | 0.34mi | 3/2.0 | 1,189 (+2%) | 4mo | $50,000 | $42 | 73 |
| 9660 Abington Ave | 0.66mi | 3/1.0 | 1,188 (+2%) | 1mo | $59,000 | $50 | 65 |
| 11375 Grandmont Ave | 0.50mi | 3/1.0 | 1,083 (-7%) | 1mo | $104,000 | $96 | 64 |
| 11713 Asbury Park | 0.54mi | 3/1.5 | 1,220 (+5%) | 4mo | $70,000 | $57 | 62 |
| 13523 Faust Ave | 0.69mi | 3/1.0 | 1,098 (-6%) | 2mo | $55,000 | $50 | 57 |
| 9909 Asbury Park | 0.74mi | 3/1.0 | 1,095 (-6%) | 1mo | $95,000 | $87 | 55 |
| 12699 Woodmont Ave | 0.62mi | 3/1.0 | 1,054 (-10%) | 1mo | $64,000 | $61 | 54 |
| 12660 Grandmont Ave | 0.57mi | 3/1.0 | 1,019 (-12%) | 1mo | $85,000 | $83 | 52 |
| 13538 Penrod St | 0.68mi | 3/1.0 | 1,026 (-12%) | 3mo | $95,000 | $93 | 46 |
| 9934 Warwick St | 0.70mi | 3/1.0 | 1,018 (-13%) | 2mo | $70,000 | $69 | 45 |
| 9976 Warwick St | 0.68mi | 3/1.5 | 1,024 (-12%) | 4mo | $129,900 | $127 | 43 |
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 · 0.0% rent growth · sell at horizon
- IRR
- 5.6%
- Equity multiple
- 1.21×
- Total profit
- $4,635
- Equity at exit
- $11,854
- IRR
- 11.5%
- Equity multiple
- 1.76×
- Total profit
- $16,881
- Equity at exit
- $6,874
Cash invested: $22,260 (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 48228
- Rents YoY
- -2.3%
- Active inventory
- 367
- Price-to-rent
- 5.0×
Monthly cashflow live
- Estimated rent
- $1,331 high interval (Pro) →
- Mortgage (P&I)
- −$417
- Tax from tax record
- −$267 /mo · $3,207/yr
- Insurance
- −$33
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$280
- Net cashflow
- $334
Break-even live
Sensitivity live
| Price | -10% $379 | -5% $357 | +0% $334 | +5% $312 | +10% $289 |
|---|---|---|---|---|---|
| Rent | -10% $229 | -5% $282 | +0% $334 | +5% $387 | +10% $440 |
| Rate | -1.0pp $374 | -0.5pp $355 | base $334 | +0.5pp $314 | +1.0pp $293 |
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
- $19,875
- Closing costs
- $2,385
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 11741 Penrod St Detroit, MI | 3.0 | 1.0 | 1124 | $1,400 | $1.25 | 18d | 1 | 0.15mi |
| 11704 Greenview Ave Detroit, MI | 4.0 | 1.0 | 1046 | $1,300 | $1.24 | 26d | 1 | 0.26mi |
| 10030 Abington Ave Detroit, MI | 4.0 | 2.0 | 1350 | $1,475 | $1.09 | 12d | 1 | 0.54mi |
| 12711 Grandmont Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 19d | 1 | 0.60mi |
| 12875 Faust Ave Detroit, MI | 2.0 | 1.0 | 735 | $1,200 | $1.63 | 6d | 1 | 0.60mi |
| 12944 Rosemont Ave Detroit, MI | 2.0 | 1.0 | 800 | $1,050 | $1.31 | 6d | 1 | 0.63mi |
| 12941 Penrod St Detroit, MI | 2.0 | 1.0 | 1000 | $1,275 | $1.27 | 45d | 1 | 0.64mi |
| 12840 Grandmont Ave Detroit, MI | 3.0 | 1.0 | 1100 | $1,200 | $1.09 | 45d | 1 | 0.69mi |
| 18450 W Chicago Detroit, MI | 1.0–2.0 | 1.0 | 687 | $1,117 | $1.62 | 0d | 15 | 0.70mi |
| 12950 Glastonbury Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 26d | 1 | 0.70mi |
| 11641 Mansfield St Unit 2 Detroit, MI | 3.0 | 1.0 | 1449 | $1,300 | $0.90 | 45d | 1 | 0.73mi |
| 13581 Penrod St Detroit, MI | 4.0 | 1.0 | 1152 | $1,200 | $1.04 | 45d | 1 | 0.74mi |
| 13600 Southfield Fwy Detroit, MI | 2.0 | 1.0 | 848 | $1,100 | $1.30 | 6d | 1 | 0.75mi |
| 13514 Stahelin Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 19d | 1 | 0.76mi |
| 13591 Faust Ave Detroit, MI | 2.0 | 1.0 | 1000 | $1,275 | $1.27 | 45d | 1 | 0.77mi |
| 19050 W Davison St Detroit, MI | 3.0 | 1.0 | 1118 | $1,400 | $1.25 | 45d | 1 | 0.83mi |
| 12121 Montrose St Detroit, MI | 3.0 | 1.0 | 874 | $1,373 | $1.57 | 23d | 1 | 0.91mi |
| 9589 Mansfield St Detroit, MI | 4.0 | 1.0 | 1250 | $1,500 | $1.20 | 6d | 1 | 0.93mi |
| 9108 Archdale St Detroit, MI | 3.0 | 1.0 | 1000 | $1,300 | $1.30 | 6d | 1 | 0.96mi |
| 12084 Vaughan St Detroit, MI | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 18d | 1 | 0.99mi |
| 19440 W Chicago St Detroit, MI | 3.0 | 1.5 | 1200 | $1,225 | $1.02 | 23d | 1 | 1.00mi |
| 19440 W Chicago St Detroit, MI | 3.0 | 1.5 | 1200 | $1,225 | $1.02 | 19d | 1 | 1.00mi |
| 19449 W Chicago St Detroit, MI | 3.0 | 1.5 | 950 | $1,500 | $1.58 | 45d | 1 | 1.02mi |
| 9090 Stahelin Ave Detroit, MI | 2.0 | 1.0 | 787 | $1,250 | $1.59 | 45d | 1 | 1.04mi |
| 9936 Montrose St Detroit, MI | 3.0 | 1.0 | 963 | $1,200 | $1.25 | 18d | 1 | 1.05mi |
| 9973 Winthrop St Detroit, MI | 3.0 | 1.0 | 960 | $1,400 | $1.46 | 45d | 1 | 1.07mi |
| 11345 Greenfield Rd Detroit, MI | 2.0 | 1.0 | 700 | $1,050 | $1.50 | 14d | 1 | 1.07mi |
| 9345 Rutherford St Unit 3 Detroit, MI | 2.0 | 1.0 | 850 | $1,050 | $1.24 | 26d | 1 | 1.07mi |
| 11393 Prest St Detroit, MI | 3.0 | 1.0 | 900 | $1,550 | $1.72 | 18d | 1 | 1.12mi |
| 9220 Mansfield St Detroit, MI | 3.0 | 1.0 | 1200 | $1,300 | $1.08 | 45d | 1 | 1.12mi |
| 8850 Rosemont Ave Detroit, MI | 3.0 | 1.0 | 933 | $1,100 | $1.18 | 19d | 1 | 1.13mi |
| 11397 Whitcomb St Detroit, MI | 3.0 | 1.0 | 1070 | $1,400 | $1.31 | 18d | 1 | 1.17mi |
| 11652 Fielding St Detroit, MI | 3.0 | 1.0 | 1000 | $1,386 | $1.39 | 45d | 1 | 1.19mi |
| 13500 Heyden St Detroit, MI | 2.0 | 1.0 | 850 | $1,200 | $1.41 | 45d | 1 | 1.22mi |
| 9222 Forrer St Detroit, MI | 3.0 | 1.0 | 947 | $1,450 | $1.53 | 18d | 1 | 1.23mi |
| 11634 Sussex St Detroit, MI | 3.0 | 1.0 | 1091 | $1,326 | $1.22 | 26d | 1 | 1.23mi |
| 9917 Sussex St Detroit, MI | 2.0 | 1.0 | 800 | $1,375 | $1.72 | 45d | 1 | 1.30mi |
| 19301 Joy Rd Apt 1 Detroit, MI | 2.0 | 1.0 | 750 | $1,100 | $1.47 | 45d | 1 | 1.36mi |
| 10015 Robson St Detroit, MI | 3.0 | 2.0 | 1000 | $1,400 | $1.40 | 19d | 1 | 1.37mi |
| 8451 Rosemont Ave Detroit, MI | 3.0 | 1.0 | 867 | $1,150 | $1.33 | 45d | 1 | 1.37mi |
Listing history 39 events
-
2026-05-08status Pending 373-char remark
Show marketing remark (373 chars)
What we have here is a good starter home either for a first time homeowner or a budding investor looking to fortify his/her portfolio. Well put together, brick bungalow with newer carpet and paint throughout. A little bit of elbow grease in the right spots will really make this property shine. This property is clean and ready to go. Take a look and make your offer today.
-
2026-05-08status Pending 373-char remark
Show marketing remark (373 chars)
What we have here is a good starter home either for a first time homeowner or a budding investor looking to fortify his/her portfolio. Well put together, brick bungalow with newer carpet and paint throughout. A little bit of elbow grease in the right spots will really make this property shine. This property is clean and ready to go. Take a look and make your offer today.
-
2026-03-03price $79,500 373-char remark
Show marketing remark (373 chars)
What we have here is a good starter home either for a first time homeowner or a budding investor looking to fortify his/her portfolio. Well put together, brick bungalow with newer carpet and paint throughout. A little bit of elbow grease in the right spots will really make this property shine. This property is clean and ready to go. Take a look and make your offer today.
-
2026-03-02price $79,500 373-char remark
Show marketing remark (373 chars)
What we have here is a good starter home either for a first time homeowner or a budding investor looking to fortify his/her portfolio. Well put together, brick bungalow with newer carpet and paint throughout. A little bit of elbow grease in the right spots will really make this property shine. This property is clean and ready to go. Take a look and make your offer today.
-
2026-02-02price $80,000 373-char remark
Show marketing remark (373 chars)
What we have here is a good starter home either for a first time homeowner or a budding investor looking to fortify his/her portfolio. Well put together, brick bungalow with newer carpet and paint throughout. A little bit of elbow grease in the right spots will really make this property shine. This property is clean and ready to go. Take a look and make your offer today.
-
2026-02-02price $80,000 373-char remark
Show marketing remark (373 chars)
What we have here is a good starter home either for a first time homeowner or a budding investor looking to fortify his/her portfolio. Well put together, brick bungalow with newer carpet and paint throughout. A little bit of elbow grease in the right spots will really make this property shine. This property is clean and ready to go. Take a look and make your offer today.
-
2026-01-16$85,000 Active 373-char remark
Show marketing remark (373 chars)
What we have here is a good starter home either for a first time homeowner or a budding investor looking to fortify his/her portfolio. Well put together, brick bungalow with newer carpet and paint throughout. A little bit of elbow grease in the right spots will really make this property shine. This property is clean and ready to go. Take a look and make your offer today.
-
2026-01-15$85,000 Active 373-char remark
Show marketing remark (373 chars)
What we have here is a good starter home either for a first time homeowner or a budding investor looking to fortify his/her portfolio. Well put together, brick bungalow with newer carpet and paint throughout. A little bit of elbow grease in the right spots will really make this property shine. This property is clean and ready to go. Take a look and make your offer today.
-
2024-07-15soldstatus $60,000
-
2024-06-27soldstatus $60,000 Sold
-
2024-06-27soldstatus $60,000 Closed
-
2024-04-18status Pending
-
2024-04-18status Pending
-
2024-02-09price $68,500
-
2024-02-09price $68,500
-
2024-02-02price $70,000
-
2024-02-01price $70,000
-
2023-12-29$77,500 Active
-
2023-12-29$77,500 Active
-
2023-03-01historical
-
2023-02-28historical
-
2022-12-05$69,500 Active
-
2022-12-05$69,500 Active
-
2020-02-17soldstatus $45,000
-
2018-08-15soldstatus $34,000 Sold
-
2018-08-15soldstatus $34,000 Closed
-
2018-07-12status Pending
-
2018-07-12status Pending
-
2018-07-06$36,000 Active
-
2018-07-06$36,000 Active
-
2016-11-22historical
-
2016-11-22historical
-
2016-09-05$24,900 Active
-
2016-09-05$24,900 Active
-
2008-08-15soldstatus $8,000
-
2008-07-08$9,900
-
2006-06-15soldstatus $92,000
-
2005-11-15soldstatus $55,000
-
2004-10-03$58,000
ⓘ 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
- $3,207 · $267/mo
- Projected year-2 tax
- $3,207 · $267/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 4/10 Moderate FEMA zone X (unshaded) · 20% 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
- $15,974
- − Mortgage interest
- −$4,453
- − Property taxes
- −$3,207
- − Insurance
- −$398
- − Repairs & maintenance
- −$1,278
- − Management
- −$1,278
- − Depreciation
- −$2,313
- Taxable income
- $3,048
- Est. tax owed @ 24.0%
- −$731
- After-tax cash flow
- $3,281/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)
- 50,117
- Household income
- $30,680
- Rent vs Own
- Severe rent burden
- 4144.0
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 (71%)
- Race & ethnicity
- Black 71% White 16% Two or more races 7% Hispanic / Latino 6%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 2%
- Common ancestry
- Arab 2% Romanian 2% Lithuanian 1%
- Foreign-born
- 11% · Canada
- Languages at home
- 82% English-only · Arabic 11% Spanish 5%
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
- ▼ -160.81%
- Current HPI
- 168.6843
- Rent YoY
- ▼ -2.30%
- 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
+37.1% since first listed39 events — show timeline
- 2026-05-08 Pending — MiRealSource-MiMLS
- 2026-05-08 Pending — REALCOMP
- 2026-03-03 Price Changed $79,500 MiRealSource-MiMLS
- 2026-03-02 Price Changed $79,500 REALCOMP
- 2026-02-02 Price Changed $80,000 MiRealSource-MiMLS
- 2026-02-02 Price Changed $80,000 REALCOMP
- 2026-01-16 Listed $85,000 REALCOMP
- 2026-01-15 Listed $85,000 MiRealSource-MiMLS
- 2024-07-15 Sold (Public Records) $60,000 Public Records
- 2024-06-27 Sold (MLS) $60,000 MiRealSource-MiMLS
- 2024-06-27 Sold (MLS) $60,000 REALCOMP
- 2024-04-18 Pending — MiRealSource-MiMLS
- 2024-04-18 Pending — REALCOMP
- 2024-02-09 Price Changed $68,500 MiRealSource-MiMLS
- 2024-02-09 Price Changed $68,500 REALCOMP
- 2024-02-02 Price Changed $70,000 MiRealSource-MiMLS
- 2024-02-01 Price Changed $70,000 REALCOMP
- 2023-12-29 Listed $77,500 MiRealSource-MiMLS
- 2023-12-29 Listed $77,500 REALCOMP
- 2023-03-01 Listing Removed — MiRealSource-MiMLS
- 2023-02-28 Listing Removed — REALCOMP
- 2022-12-05 Listed $69,500 MiRealSource-MiMLS
- 2022-12-05 Listed $69,500 REALCOMP
- 2020-02-17 Sold (Public Records) $45,000 Public Records
- 2018-08-15 Sold (MLS) $34,000 MiRealSource-MiMLS
- 2018-08-15 Sold (MLS) $34,000 REALCOMP
- 2018-07-12 Pending — MiRealSource-MiMLS
- 2018-07-12 Pending — REALCOMP
- 2018-07-06 Listed $36,000 MiRealSource-MiMLS
- 2018-07-06 Listed $36,000 REALCOMP
- 2016-11-22 Listing Removed — REALCOMP
- 2016-11-22 Listing Removed — MiRealSource-MiMLS
- 2016-09-05 Listed $24,900 MiRealSource-MiMLS
- 2016-09-05 Listed $24,900 REALCOMP
- 2008-08-15 Sold (MLS) $8,000 REALCOMP
- 2008-07-08 Listed $9,900 REALCOMP
- 2006-06-15 Sold (Public Records) $92,000 Public Records
- 2005-11-15 Sold (MLS) $55,000 REALCOMP
- 2004-10-03 Listed $58,000 REALCOMP
Property tax history
+5.1%/yrLatest (2025): $3,207 · +68.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…