30 W Maxlow Ave · Hazel Park, MI 48030 2215

$134,999

2 bd · 1.0 ba · 810 sqft · SingleFamily public records · 1 Days on market

Built 1953 6,534 sqft lot Est $170k · 21% under

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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 +21.9/30.0
• ARV discount +15.0/15.0
• DSCR +7.0/10.0
• 1% rule +5.7/10.0
• Appreciation +5.0/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.4/10.0

Listing remarks MLS

Welcome home to this charming 2-bedroom, 1-bath ranch nestled on a quiet street in the heart of Hazel Park. Clean, well-maintained, and full of potential, this inviting home offers the perfect opportunity for first-time buyers, downsizers, or savvy investors looking for a turnkey property in one of Metro Detroit's fastest-growing communities. Step inside and discover a comfortable layout featuring an eat-in kitchen and cozy living spaces that provide the perfect blank canvas for your personal style and vision. Whether you're looking to move right in or add your own modern touches over time, this home offers endless possibilities. Outside, you'll find a spacious, fully fenced backyard—ideal for pets, entertaining, gardening, or simply relaxing outdoors. The detached 2-car garage provides ample storage and everyday convenience. Located just minutes from local restaurants, parks, shopping, and major freeways, this home combines neighborhood charm with easy access to everything Metro Detroit has to offer. Don't miss this incredible opportunity to own an affordable, move-in-ready home in a thriving community. * * BATVAI * *

Key facts

• Eat-in kitchen
• 6,534 sq ft lot
• 2 garage spots

Tags

• EAT-IN KITCHEN
• FULLY FENCED BACKYARD
• DETACHED 2-CAR GARAGE

Property features AI

Exterior

• Parking: Detached 2-car garage
• Utilities: Public water; Natural gas; Public sewer (implied by public water and typical utilities)
• Home design: Residential single-story home; Built in 1953; Entry-level living areas
• Construction: Vinyl siding exterior; Crawlspace and Michigan-style basement foundation
• Exterior features: Vinyl siding; Paved street access; Frontage approximately 60 feet

Interior

• Kitchen: Entry-level kitchen with laminate flooring (approx. 13 x 10); Range/Oven; Refrigerator; Dishwasher not listed
• Bedrooms: Two entry-level bedrooms with wood flooring (approx. 9 x 14 and 8 x 10)
• Flooring: Wood flooring in living room and bedrooms; Laminate flooring in kitchen and laundry room; Ceramic flooring in bathroom
• Bathrooms: One full bathroom with ceramic flooring (approx. 7 x 6)
• Heating & cooling: Forced air heating; Natural gas fuel; Ceiling fan(s) and wall/window A/C
• Interior features: Total of 6 rooms; Basement present
• Laundry & utility: Entry-level laundry room with laminate flooring (approx. 13 x 8); Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $213 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $135k).
• Cap rate 8.2% vs local median 6.2% in Hazel 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 81/100 on livability (#65 in MI, #1,385 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, schools D.
• Hazel Park School District (suburban): math 10% / reading 24% proficiency, ranked #490 of 540 in MI (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 1 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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

• In year one you build about $5k of equity ($933 loan paydown + $4k appreciation (3.0% local appreciation)).
• Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $38k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 26y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $97k; 39% 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 $134,999

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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.07% ✓
• Cap rate: 8.18%
• Cash-on-cash: 6.75%
• DSCR: 1.30
• GRM: 7.8

CMA / ARV

• ARV (on-the-fly): $170,100
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1900 College St	0.48mi	2/1.0	830 (+2%)	1mo	$215,000	$259	72
1106 E Granet Ave	0.58mi	2/1.0	819 (+1%)	4mo	$172,000	$210	68
1449 Jewell St	0.41mi	2/1.0	731 (-10%)	1mo	$168,000	$230	64
720 E Granet Ave	0.38mi	2/1.0	891 (+10%)	3mo	$159,900	$179	63
1032 E Maxlow Ave	0.52mi	2/1.5	867 (+7%)	1mo	$185,000	$213	61
1669 Jarvis St	0.51mi	2/1.0	750 (-7%)	4mo	$210,000	$280	61
21330 Caledonia Ave	0.33mi	3/1.5 (+1)	898 (+11%)	1mo	$175,000	$195	58
23067 Stauber Ave	0.75mi	2/1.0	835 (+3%)	3mo	$139,000	$166	58
1491 E Webster St	0.42mi	3/1.0 (+1)	908 (+12%)	2mo	$180,000	$198	54
20747 Caledonia Ave	0.45mi	3/1.0 (+1)	909 (+12%)	2mo	$144,900	$159	52
352 E Goulson Ave	0.50mi	2/1.0	924 (+14%)	2mo	$216,000	$234	52
23067 Hazelwood Ave	0.73mi	3/1.0 (+1)	918 (+13%)	1mo	$120,000	$131	38

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 13.8%
• Equity multiple: 1.79×
• Total profit: $29,824
• Equity at exit: $60,701

10-year hold

• IRR: 15.7%
• Equity multiple: 3.31×
• Total profit: $87,243
• Equity at exit: $93,548

Cash invested: $37,800 (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 48030 2215

• Active inventory: 1
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,447 high
• Mortgage (P&I): −$708
• Tax from tax record: −$166 /mo · $1,996/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$304
• Net cashflow: $213

Break-even live

Break-even rent $1,178

Max offer price $134,999

Occupancy floor 80%

Sensitivity live

Price	-10% $289	-5% $251	+0% $213	+5% $174	+10% $136
Rent	-10% $98	-5% $155	+0% $213	+5% $270	+10% $327
Rate	-1.0pp $281	-0.5pp $247	base $213	+0.5pp $178	+1.0pp $142

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
90 W Meyers Ave Hazel Park, MI	2.0	1.0	831	$1,800	$2.17	25d	1	0.14mi
27 E Milton Ave Hazel Park, MI	1.0	1.0	568	$1,050	$1.85	15d	1	0.20mi
429 E Milton Ave Hazel Park, MI	3.0	2.0	1075	$1,595	$1.48	0d	1	0.26mi
407 E Hayes Ave Hazel Park, MI	3.0	1.0	1000	$1,750	$1.75	25d	1	0.29mi
155 W George Ave Hazel Park, MI	2.0	1.0	725	$1,000	$1.38	25d	1	0.34mi
1561 E Webster St Ferndale, MI	2.0	1.0	939	$1,600	$1.70	25d	1	0.40mi
266 W Goulson Ave Hazel Park, MI	3.0	1.0	942	$1,600	$1.70	22d	1	0.50mi
2023 Ardmore Dr Ferndale, MI	2.0	1.0	771	$1,250	$1.62	25d	1	0.54mi
1019 E Hayes Ave Unit 1032331P Hazel Park, MI	3.0	1.0	1033	$5,301	$5.13	2d	1	0.56mi
1211 E Bernhard Ave Hazel Park, MI	2.0	1.0	721	$1,500	$2.08	25d	1	0.62mi
1326 E Evelyn Ave Unit 1032332P Hazel Park, MI	3.0	2.0	1097	$6,364	$5.80	0d	1	0.67mi
23115 Tawas Ave Hazel Park, MI	2.0	1.0	706	$1,375	$1.95	25d	1	0.77mi
790 Jewell St Ferndale, MI	2.0	1.0	800	$1,445	$1.81	25d	1	0.77mi
23345 Tawas Ave Hazel Park, MI	3.0	1.0	1000	$1,550	$1.55	11d	1	0.86mi
1621 E Evelyn Ave Hazel Park, MI	2.0	1.0	749	$1,295	$1.73	18d	1	0.86mi
690 E Marshall St Unit Lower Ferndale, MI	1.0	1.0	700	$1,295	$1.85	11d	1	0.90mi
1731 E Pearl Ave Hazel Park, MI	3.0	1.0	844	$1,500	$1.78	21d	1	0.98mi
19703 Keating St Highland Park, MI	3.0	1.0	1000	$1,200	$1.20	17d	1	1.00mi
23773 Hazelwood Ave Hazel Park, MI	2.0	1.0	671	$1,400	$2.09	13d	1	1.03mi
21516 Dequindre Rd Warren, MI	1.0–2.0	1.0	837	$1,375	$1.64	22d	1	1.11mi
23077 Davey Ave Hazel Park, MI	3.0	1.0	933	$1,895	$2.03	25d	1	1.13mi
2034 John B Ave Warren, MI	3.0	1.0	920	$1,261	$1.37	44d	1	1.17mi
1045 E Woodward Heights Blvd Hazel Park, MI	1.0–2.0	1.0	715	$1,209	$1.69	25d	3	1.21mi
1291 W State Fair Ave Detroit, MI	1.0–2.0	1.0	700	$950	$1.36	13d	2	1.23mi
552 E Saratoga St Unit Upper Unit Ferndale, MI	2.0	1.0	700	$1,300	$1.86	25d	1	1.24mi
224 Fielding St Ferndale, MI	2.0	1.0	1000	$1,800	$1.80	25d	1	1.28mi
226 Fielding St Ferndale, MI	2.0	1.0	1000	$1,500	$1.50	25d	1	1.28mi
550 Rosewood St Unit 202 Ferndale, MI	1.0	1.0	655	$1,200	$1.83	0d	1	1.33mi
425 Vester St Unit A Ferndale, MI	2.0	1.0	525	$1,349	$2.57	5d	1	1.35mi
2215 Browning St Ferndale, MI	2.0	1.0	739	$1,350	$1.83	5d	1	1.36mi
21155 Warner Ave Warren, MI	2.0	1.0	756	$1,029	$1.36	25d	1	1.40mi
353 W Webster St Ferndale, MI	2.0	1.0	900	$1,525	$1.69	17d	1	1.41mi
501 E Breckenridge St Ferndale, MI	3.0	1.0	946	$1,800	$1.90	25d	1	1.42mi
1770 E Woodward Heights Blvd Unit C1 Hazel Park, MI	1.0	1.0	550	$1,350	$2.45	25d	1	1.42mi
1770 E Woodward Heights Blvd Hazel Park, MI	2.0	1.0	850	$1,525	$1.79	13d	1	1.42mi
1770 E Woodward Heights Blvd Hazel Park, MI	1.0–2.0	1.0	712	$1,400	$1.96	5d	1	1.42mi
1770 E Woodward Heights Blvd Unit C6 Hazel Park, MI	1.0	1.0	550	$1,100	$2.00	25d	1	1.42mi
1770 E Woodward Heights Blvd Unit E3 Hazel Park, MI	2.0	1.0	850	$1,300	$1.53	25d	1	1.42mi
1800 Browning St Ferndale, MI	2.0	1.0	809	$1,600	$1.98	5d	1	1.45mi
1771 E Woodward Heights Blvd #8 Hazel Park, MI	1.0	1.0	800	$990	$1.24	3d	1	1.46mi

Listing history 2 events

1. 2026-06-19
   remarks 699-char remark

   Show marketing remark (1144 chars)

   Welcome home to this charming 2-bedroom, 1-bath ranch nestled on a quiet street in the heart of Hazel Park. Clean, well-maintained, and full of potential, this inviting home offers the perfect opportunity for first-time buyers, downsizers, or savvy investors looking for a turnkey property in one of Metro Detroit's fastest-growing communities. Step inside and discover a comfortable layout featuring an eat-in kitchen and cozy living spaces that provide the perfect blank canvas for your personal style and vision. Whether you're looking to move right in or add your own modern touches over time, this home offers endless possibilities. Outside, you'll find a spacious, fully fenced backyard—ideal for pets, entertaining, gardening, or simply relaxing outdoors. The detached 2-car garage provides ample storage and everyday convenience. Located just minutes from local restaurants, parks, shopping, and major freeways, this home combines neighborhood charm with easy access to everything Metro Detroit has to offer. Don't miss this incredible opportunity to own an affordable, move-in-ready home in a thriving community. * * BATVAI * *

2. 2026-06-19
   listed $134,999 Coming Soon 1 DOM

   Show marketing remark (1144 chars)

   Welcome home to this charming 2-bedroom, 1-bath ranch nestled on a quiet street in the heart of Hazel Park. Clean, well-maintained, and full of potential, this inviting home offers the perfect opportunity for first-time buyers, downsizers, or savvy investors looking for a turnkey property in one of Metro Detroit's fastest-growing communities. Step inside and discover a comfortable layout featuring an eat-in kitchen and cozy living spaces that provide the perfect blank canvas for your personal style and vision. Whether you're looking to move right in or add your own modern touches over time, this home offers endless possibilities. Outside, you'll find a spacious, fully fenced backyard—ideal for pets, entertaining, gardening, or simply relaxing outdoors. The detached 2-car garage provides ample storage and everyday convenience. Located just minutes from local restaurants, parks, shopping, and major freeways, this home combines neighborhood charm with easy access to everything Metro Detroit has to offer. Don't miss this incredible opportunity to own an affordable, move-in-ready home in a thriving community. * * BATVAI * *

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

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $1,996 · $166/mo
• Projected year-2 tax: $2,037 · $170/mo
• Expected delta: +$42/yr (+$3/mo · 2.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,364
• − Mortgage interest: −$7,562
• − Property taxes: −$1,996
• − Insurance: −$675
• − Repairs & maintenance: −$1,389
• − Management: −$1,389
• − Depreciation: −$3,927
• Taxable income: $426
• Est. tax owed @ 24.0%: −$102
• After-tax cash flow: $2,449/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: Hazel Park School District
• NCES district ID: 2618030
• Math proficiency: 10% ▼ -2.00%
• Reading proficiency: 24% ▲ 1.00%
• Median HH income: $36,181
• Composite: 14.05/100
• National rank: #9466
• State rank: #490 of 540 in MI

Livability — Hazel Park

• Score: 81/100
• State rank: #65
• US rank: #1385

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hazel Park, MI

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%

Not yet ingested

• Political lean: —
• Race & ethnicity: —
• Common origin: —
• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• 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

+650.0% since first listed

12 events — show timeline

• 2026-06-19 Listed $134,999 MiRealSource-MiMLS
• 2026-06-19 Listed $134,999 REALCOMP
• 2026-06-19 Coming Soon $134,999 MiRealSource-MiMLS
• 2003-06-11 Sold (Public Records) $97,000 Public Records
• 2003-04-25 Sold (MLS) $96,500 REALCOMP
• 2003-02-19 Listed $94,900 REALCOMP
• 2003-02-15 Listing Removed — REALCOMP
• 2002-10-31 Listed $94,925 REALCOMP
• 2000-06-30 Sold (MLS) $73,500 MiRealSource-MiMLS
• 2000-06-07 Listing Removed — MiRealSource-MiMLS
• 2000-05-15 Listed $74,900 MiRealSource-MiMLS
• 1992-03-20 Sold (Public Records) $18,000 Public Records

Property tax history

+2.5%/yr

Latest (2025): $1,996 · +2.1% YoY. Source: county tax records.