26271 W Hills Dr · Inkster, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
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 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 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
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +3.4/5.0
- Rent growth +3.2/5.0
- Condition / age +2.5/5.0
- Schools +0.7/10.0
- Appreciation +0.0/10.0
$85,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
LOVELY BRICK & VINYL BUNGALOW LOCATED NEAR MAJOR ROADS, SHOPPING AND RESTAURANTS. THIS PROPERTY OFFERS 3 BEDROOMS, 1 BATH, LIVING ROOM, KITCHEN, UNFINISHED BASEMENT AND A 2 CAR GARAGE. ALL INFO IS APPROX. PLEASE CONTACT LISTING OFFICE TO VERIFY. ALL OFFERS TO BE SUBMITTED WITH OFFER GUIDELINES
Key facts
- Built 1950
- Listed 34 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $85k.
Deal economics
- At list price, monthly cash flow is $536 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $85k).
- Recommended offer: $82k (3.0% below list) — sets the bar for market timing.
- Cap rate 13.9% vs local median 9.8% in Inkster — 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 67/100 on livability (#406 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D, schools F, crime F.
- Westwood Community School District (suburban): math 6% / reading 11% proficiency, ranked #529 of 540 in MI (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising (+3.0%/yr); 142 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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).
- This rent runs 44% of the median local income ($39k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $588 of loan paydown is wiped out by about $3k 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 + 3.0% rent growth), your $24k cash investment doubles in ~5 years — after that, you're playing with house money.
Negotiation context
- It's been on market 35 days — a 3% lower offer ($82k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 10y 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 $18k; list at $85k implies a 372% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 35 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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
- 13.86%
- Cash-on-cash
- 27.03%
- DSCR
- 2.20
- GRM
- 5.0
CMA / ARV
- ARV (on-the-fly)
- $112,530
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 26280 W Hills Dr | 0.03mi | 3/1.0 | 930 (0%) | 6mo | $87,000 | $94 | 93 |
| 26628 Oakland St | 0.21mi | 3/1.0 | 921 (-1%) | 6mo | $111,610 | $121 | 84 |
| 26301 W Hills Dr | 0.02mi | 3/1.0 | 1,000 (+8%) | 9mo | $56,500 | $57 | 79 |
| 1621 Fairbairn St | 0.05mi | 3/1.0 | 994 (+7%) | 10mo | $139,500 | $140 | 78 |
| 26723 W Hills Dr | 0.28mi | 3/1.5 | 890 (-4%) | 3mo | $110,000 | $124 | 75 |
| 26620 Oakland St | 0.20mi | 3/1.0 | 1,015 (+9%) | 7mo | $95,000 | $94 | 69 |
| 1109 Shadowlawn St | 0.41mi | 3/1.0 | 997 (+7%) | 9mo | $120,500 | $121 | 61 |
| 1039 John Daly St | 0.47mi | 3/1.0 | 1,016 (+9%) | 10mo | $130,000 | $128 | 54 |
| 2500 Weithoff Ct | 0.60mi | 3/1.0 | 1,050 (+13%) | 3mo | $125,000 | $119 | 48 |
| 811 Arlington Arlington St | 0.64mi | 2/1.5 (-1) | 800 (-14%) | 7mo | $125,000 | $156 | 34 |
| 742 Arlington St | 0.68mi | 2/1.0 (-1) | 798 (-14%) | 6mo | $131,000 | $164 | 34 |
| 752 John Daly St | 0.63mi | 2/1.0 (-1) | 791 (-15%) | 9mo | $84,000 | $106 | 34 |
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 · 2.95% rent growth · sell at horizon
- IRR
- 20.9%
- Equity multiple
- 1.85×
- Total profit
- $20,322
- Equity at exit
- $12,674
- IRR
- 29.1%
- Equity multiple
- 3.58×
- Total profit
- $61,459
- Equity at exit
- $7,349
Cash invested: $23,800 (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
ZIP-level market 48141
- Home prices YoY
- -2.9%
- Rents YoY
- 3.0%
- Active inventory
- 142
- Price-to-rent
- 5.0×
Monthly cashflow live
- Estimated rent
- $1,424 high interval (Pro) →
- Mortgage (P&I)
- −$446
- Tax from tax record
- −$107 /mo · $1,289/yr
- Insurance
- −$35
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$299
- Net cashflow
- $536
Break-even live
Sensitivity live
| Price | -10% $584 | -5% $560 | +0% $536 | +5% $512 | +10% $488 |
|---|---|---|---|---|---|
| Rent | -10% $424 | -5% $480 | +0% $536 | +5% $592 | +10% $649 |
| Rate | -1.0pp $579 | -0.5pp $558 | base $536 | +0.5pp $514 | +1.0pp $492 |
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
- $21,250
- Closing costs
- $2,550
- 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 20 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 572 Tobin Dr Inkster, MI | 1.0–3.0 | 1.0–2.0 | 936 | $1,600 | $1.71 | 2d | 22 | 0.66mi |
| 25745 Princeton St Dearborn Heights, MI | 3.0 | 1.0 | 1080 | $1,500 | $1.39 | 11d | 1 | 0.66mi |
| 27184 Lucerne Dr Inkster, MI | 3.0 | 1.0 | 1100 | $1,250 | $1.14 | 44d | 1 | 0.68mi |
| 167 Cherry Valley Dr Inkster, MI | 1.0–2.0 | 1.0 | 784 | $1,395 | $1.78 | 15d | 12 | 0.91mi |
| 24720 Michigan Ave Dearborn, MI | 2.0 | 1.0 | 900 | $1,350 | $1.50 | 44d | 1 | 0.93mi |
| 26742 Penn St Inkster, MI | 3.0 | 1.0 | 1000 | $1,300 | $1.30 | 17d | 1 | 0.94mi |
| 26707 Penn St Inkster, MI | 3.0 | 1.0 | 900 | $1,400 | $1.56 | 5d | 1 | 0.96mi |
| 26322 Westphal St Dearborn Heights, MI | 1.0–2.0 | 1.0 | 762 | $1,455 | $1.91 | 2d | 24 | 1.00mi |
| 27139 Penn St Inkster, MI | 3.0 | 1.0 | 832 | $675 | $0.81 | 18d | 1 | 1.06mi |
| 25722 Carlysle St Dearborn Heights, MI | 3.0 | 1.0 | 1040 | $1,450 | $1.39 | 18d | 1 | 1.09mi |
| 238 Yorkshire Blvd Dearborn Heights, MI | 1.0–2.0 | 1.0 | 741 | $1,424 | $1.92 | 2d | 9 | 1.18mi |
| 1150 Magnolia Dr Inkster, MI | 3.0 | 1.0 | 900 | $1,300 | $1.44 | 24d | 1 | 1.18mi |
| 26382 Colgate St Inkster, MI | 2.0 | 1.0 | 850 | $935 | $1.10 | 24d | 1 | 1.23mi |
| 3763 Heritage Pkwy Dearborn, MI | 2.0 | 1.5 | 1035 | $1,450 | $1.40 | 44d | 1 | 1.25mi |
| 3755 Heritage Pkwy Dearborn, MI | 2.0 | 1.0 | 830 | $1,450 | $1.75 | 44d | 1 | 1.29mi |
| 3809 Heritage Pkwy Dearborn, MI | 2.0 | 1.5 | 1035 | $1,400 | $1.35 | 44d | 1 | 1.32mi |
| 3236 Walnut St Inkster, MI | 3.0 | 1.0 | 1096 | $1,495 | $1.36 | 3d | 1 | 1.35mi |
| 26159 Stanford St Inkster, MI | 4.0 | 1.0 | 1056 | $1,350 | $1.28 | 5d | 1 | 1.36mi |
| 24442 Union St Dearborn, MI | 3.0 | 1.5 | 1000 | $1,900 | $1.90 | 2d | 1 | 1.43mi |
| 26089 Lehigh St Inkster, MI | 2.0 | 1.0 | 900 | $1,295 | $1.44 | 18d | 1 | 1.43mi |
Listing history 21 events
-
2026-06-16days on market $85,000 Active 35 DOM
-
2026-06-15days on market $85,000 Active 34 DOM
-
2026-06-13days on market $85,000 Active 32 DOM
-
2026-06-13days on market $85,000 Active 31 DOM
-
2026-06-09days on market $85,000 Active 28 DOM
-
2026-06-08days on market $85,000 Active 27 DOM
-
2026-06-07days on market $85,000 Active 26 DOM
-
2026-06-04days on market $85,000 Active 23 DOM
-
2026-06-03days on market $85,000 Active 22 DOM
-
2026-06-02days on market $85,000 Active 21 DOM
-
2026-06-01days on market $85,000 Active 20 DOM
-
2026-05-31days on market $85,000 Active 19 DOM
-
2026-05-12$85,000 Active
-
2016-12-19soldstatus $18,000 Sold 300-char remark
Show marketing remark (300 chars)
LOVELY BRICK & VINYL BUNGALOW LOCATED NEAR MAJOR ROADS, SHOPPING AND RESTAURANTS. THIS PROPERTY OFFERS 3 BEDROOMS, 1 BATH, LIVING ROOM, KITCHEN, UNFINISHED BASEMENT AND A 2 CAR GARAGE. ALL INFO IS APPROX. PLEASE CONTACT LISTING OFFICE TO VERIFY. ALL OFFERS TO BE SUBMITTED WITH OFFER GUIDELINES
-
2016-12-19soldstatus $18,000 Closed 300-char remark
Show marketing remark (300 chars)
LOVELY BRICK & VINYL BUNGALOW LOCATED NEAR MAJOR ROADS, SHOPPING AND RESTAURANTS. THIS PROPERTY OFFERS 3 BEDROOMS, 1 BATH, LIVING ROOM, KITCHEN, UNFINISHED BASEMENT AND A 2 CAR GARAGE. ALL INFO IS APPROX. PLEASE CONTACT LISTING OFFICE TO VERIFY. ALL OFFERS TO BE SUBMITTED WITH OFFER GUIDELINES
-
2016-12-09status Pending 300-char remark
Show marketing remark (300 chars)
LOVELY BRICK & VINYL BUNGALOW LOCATED NEAR MAJOR ROADS, SHOPPING AND RESTAURANTS. THIS PROPERTY OFFERS 3 BEDROOMS, 1 BATH, LIVING ROOM, KITCHEN, UNFINISHED BASEMENT AND A 2 CAR GARAGE. ALL INFO IS APPROX. PLEASE CONTACT LISTING OFFICE TO VERIFY. ALL OFFERS TO BE SUBMITTED WITH OFFER GUIDELINES
-
2016-12-09status Pending 300-char remark
Show marketing remark (300 chars)
LOVELY BRICK & VINYL BUNGALOW LOCATED NEAR MAJOR ROADS, SHOPPING AND RESTAURANTS. THIS PROPERTY OFFERS 3 BEDROOMS, 1 BATH, LIVING ROOM, KITCHEN, UNFINISHED BASEMENT AND A 2 CAR GARAGE. ALL INFO IS APPROX. PLEASE CONTACT LISTING OFFICE TO VERIFY. ALL OFFERS TO BE SUBMITTED WITH OFFER GUIDELINES
-
2016-11-18price $18,000 300-char remark
Show marketing remark (300 chars)
LOVELY BRICK & VINYL BUNGALOW LOCATED NEAR MAJOR ROADS, SHOPPING AND RESTAURANTS. THIS PROPERTY OFFERS 3 BEDROOMS, 1 BATH, LIVING ROOM, KITCHEN, UNFINISHED BASEMENT AND A 2 CAR GARAGE. ALL INFO IS APPROX. PLEASE CONTACT LISTING OFFICE TO VERIFY. ALL OFFERS TO BE SUBMITTED WITH OFFER GUIDELINES
-
2016-11-17price $18,000 300-char remark
Show marketing remark (300 chars)
LOVELY BRICK & VINYL BUNGALOW LOCATED NEAR MAJOR ROADS, SHOPPING AND RESTAURANTS. THIS PROPERTY OFFERS 3 BEDROOMS, 1 BATH, LIVING ROOM, KITCHEN, UNFINISHED BASEMENT AND A 2 CAR GARAGE. ALL INFO IS APPROX. PLEASE CONTACT LISTING OFFICE TO VERIFY. ALL OFFERS TO BE SUBMITTED WITH OFFER GUIDELINES
-
2016-09-14$19,000 Active 300-char remark
Show marketing remark (300 chars)
LOVELY BRICK & VINYL BUNGALOW LOCATED NEAR MAJOR ROADS, SHOPPING AND RESTAURANTS. THIS PROPERTY OFFERS 3 BEDROOMS, 1 BATH, LIVING ROOM, KITCHEN, UNFINISHED BASEMENT AND A 2 CAR GARAGE. ALL INFO IS APPROX. PLEASE CONTACT LISTING OFFICE TO VERIFY. ALL OFFERS TO BE SUBMITTED WITH OFFER GUIDELINES
-
2016-09-14$19,000 Active 300-char remark
Show marketing remark (300 chars)
LOVELY BRICK & VINYL BUNGALOW LOCATED NEAR MAJOR ROADS, SHOPPING AND RESTAURANTS. THIS PROPERTY OFFERS 3 BEDROOMS, 1 BATH, LIVING ROOM, KITCHEN, UNFINISHED BASEMENT AND A 2 CAR GARAGE. ALL INFO IS APPROX. PLEASE CONTACT LISTING OFFICE TO VERIFY. ALL OFFERS TO BE SUBMITTED WITH OFFER GUIDELINES
ⓘ 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
- $1,289 · $107/mo
- Projected year-2 tax
- $1,299 · $108/mo
- Expected delta
- +$10/yr (+$1/mo · 0.8%)
ⓘ 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 2/10 Low 1 unhealthy d/yr today · 2 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
- $17,084
- − Mortgage interest
- −$4,761
- − Property taxes
- −$1,289
- − Insurance
- −$425
- − Repairs & maintenance
- −$1,367
- − Management
- −$1,367
- − Depreciation
- −$2,473
- Taxable income
- $5,402
- Est. tax owed @ 24.0%
- −$1,297
- After-tax cash flow
- $5,137/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
- Westwood Community School District
- NCES district ID
- 2611640
- Math proficiency
- 6% ▼ -6.00%
- Reading proficiency
- 11% ▼ -6.00%
- Median HH income
- $36,350
- Composite
- 7.06/100
- National rank
- #9967
- State rank
- #529 of 540 in MI
Livability — Inkster
- Score
- 67/100
- State rank
- #406
- US rank
- #11087
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Inkster, MI
- County
- Wayne County · 1,562,939 people
- City population
- 25,428
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 25,428
- Household income
- $39,252
- Rent vs Own
- Severe rent burden
- 1558.0
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 (72%)
- Race & ethnicity
- Black 72% White 17% Two or more races 7% Hispanic / Latino 2% Asian 1%
- Common ancestry
- Romanian 3% Slovak 1% Italian 1%
- Foreign-born
- 5% · Canada, China
- Languages at home
- 92% English-only · Arabic 3% Other Asian/Pacific 1% Spanish 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
- ▼ -11.74%
- Current HPI
- 390.2139
- Rent YoY
- ▲ 2.95%
- 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 |
|
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| Automotive Technology | 1 | $20B |
|
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Price history
+347.4% since first listed9 events — show timeline
- 2026-05-12 Listed $85,000 FSBO.com
- 2016-12-19 Sold (MLS) $18,000 MiRealSource-MiMLS
- 2016-12-19 Sold (MLS) $18,000 REALCOMP
- 2016-12-09 Pending — MiRealSource-MiMLS
- 2016-12-09 Pending — REALCOMP
- 2016-11-18 Price Changed $18,000 MiRealSource-MiMLS
- 2016-11-17 Price Changed $18,000 REALCOMP
- 2016-09-14 Listed $19,000 MiRealSource-MiMLS
- 2016-09-14 Listed $19,000 REALCOMP
Property tax history
-1.5%/yrLatest (2025): $1,289 · -23.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…