19502 Whitcomb St · Detroit, MI 48235

$148,000

5 bd · 1.0 ba · 1,246 sqft · SingleFamily public records · 38 Days on market

Built 1948 5,663 sqft lot $119/sqft · 19% above area Est $164k · 10% under

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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 +23.7/30.0
• ARV discount +11.9/15.0
• 1% rule +7.9/10.0
• DSCR +7.6/10.0
• Livability +3.7/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 19502 Whitcomb street, a well maintained residence located in a quiet, established neighborhood on Detroit's west side. This charming home offers a great opportunity for homeowners and investors alike, featuring a functional layout with spacious living areas, abundant natural light, and solid construction throughout. The property includes multiple bedrooms and a comfortable living space designed for everyday living and entertaining. The kitchen provides ample cabinet storage and workspace, while the surrounding rooms offer flexibility for customization to suit your needs. Situated on a generous lot, the home also features a sizable yard, ideal for outdoor activities, gardening, or future enhancements. Conveniently located near major roadways, schools, shopping, and local amenities, this property combines neighborhood charm with accessibility. Whether you're looking to move in, renovate, or expand your investment portfolio, 19502 Whitcomb presents strong potential value. Agent is owner.

Key facts

• Sizable yard
• Functional layout
• Conveniently located

Tags

• QUIET ESTABLISHED NEIGHBORHOOD
• FUNCTIONAL LAYOUT
• AMPLE CABINET STORAGE
• SIZABLE YARD
• CONVENIENTLY LOCATED

Property features AI

Exterior

• Parking: No garage
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer
• Home design: Single family residence; One and one-half story; Ground-level entry with steps
• Construction: Brick construction
• Exterior features: Paved road access; Lot dimensions approximately 45 x 125 (0.13 acres); No pool

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning; Forced air heating; Natural gas heating
• Interior features: 7 total rooms; Unfinished basement; Smoke detector(s)
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 5-bed/1.0-bath single-family listed at $148k.

Deal economics

• At list price, monthly cash flow is $281 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $148k).
• Recommended offer: $144k (3.0% 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: schools F, 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.
• Market conditions: Rents rising (+3.2%/yr); 283 active listings in the ZIP; 2 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• At $1,905/mo this rent would consume 58% of the median local household income ($39k/yr) (locally 3064% 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 $1k of loan paydown is wiped out by about $4k 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.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($144k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 29y 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 $87k; list at $148k implies a 70% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.1% of price; built in 1948 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $143,560 (3.0% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.29% ✓
• Cap rate: 8.57%
• Cash-on-cash: 8.13%
• DSCR: 1.36
• GRM: 6.5

CMA / ARV

• ARV (median comp): $164,168
• List price: $148,000
• Delta: -9.85%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
19807 Asbury Park	0.67mi	4/1.0 (-1)	1,363 (+9%)	22mo	$91,000	$67	30
20050 Strathmoor St	0.53mi	4/1.5 (-1)	1,099 (-12%)	24mo	$110,000	$100	29

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 · 3.25% rent growth · sell at horizon

5-year hold

• IRR: -3.5%
• Equity multiple: 0.87×
• Total profit: $-5,463
• Equity at exit: $22,067

10-year hold

• IRR: 6.6%
• Equity multiple: 1.50×
• Total profit: $20,877
• Equity at exit: $12,796

Cash invested: $41,440 (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 48235

• Rents YoY: 3.2%
• Active inventory: 283
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,905 medium
• Mortgage (P&I): −$776
• Tax from tax record: −$387 /mo · $4,640/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$400
• Net cashflow: $281

Break-even live

Break-even rent $1,550

Max offer price $148,000

Occupancy floor 80%

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: $37,000
• Closing costs: $4,440
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
19400 Harlow St Detroit, MI	4.0	1.0	1298	$1,275	$0.98	17d	1	0.98mi
16837 Winthrop St Detroit, MI	5.0	2.0	1500	$2,000	$1.33	20d	1	1.48mi

Listing history 35 events

1. 2026-06-18
   days on market $148,000 Active 38 DOM
2. 2026-06-17
   days on market $148,000 Active 37 DOM
3. 2026-06-15
   days on market $148,000 Active 35 DOM
4. 2026-06-13
   days on market $148,000 Active 33 DOM
5. 2026-06-13
   days on market $148,000 Active 32 DOM
6. 2026-06-10
   status $148,000 Active 29 DOM
7. 2026-06-09
   days on market $148,000 Active Under Contract 29 DOM

   Show marketing remark (1011 chars)

   Welcome to 19502 Whitcomb street, a well maintained residence located in a quiet, established neighborhood on Detroit's west side. This charming home offers a great opportunity for homeowners and investors alike, featuring a functional layout with spacious living areas, abundant natural light, and solid construction throughout. The property includes multiple bedrooms and a comfortable living space designed for everyday living and entertaining. The kitchen provides ample cabinet storage and workspace, while the surrounding rooms offer flexibility for customization to suit your needs. Situated on a generous lot, the home also features a sizable yard, ideal for outdoor activities, gardening, or future enhancements. Conveniently located near major roadways, schools, shopping, and local amenities, this property combines neighborhood charm with accessibility. Whether you're looking to move in, renovate, or expand your investment portfolio, 19502 Whitcomb presents strong potential value. Agent is owner.

8. 2026-06-08
   days on market $148,000 Active Under Contract 28 DOM
9. 2026-06-07
   days on market $148,000 Active Under Contract 27 DOM
10. 2026-06-04
    days on market $148,000 Active Under Contract 24 DOM
11. 2026-06-03
    days on market $148,000 Active Under Contract 23 DOM
12. 2026-06-02
    days on market $148,000 Active Under Contract 22 DOM
13. 2026-06-02
    status $148,000 Active Under Contract 21 DOM
14. 2026-06-01
    days on market $148,000 Active 21 DOM

    Show marketing remark (1011 chars)

    Welcome to 19502 Whitcomb street, a well maintained residence located in a quiet, established neighborhood on Detroit's west side. This charming home offers a great opportunity for homeowners and investors alike, featuring a functional layout with spacious living areas, abundant natural light, and solid construction throughout. The property includes multiple bedrooms and a comfortable living space designed for everyday living and entertaining. The kitchen provides ample cabinet storage and workspace, while the surrounding rooms offer flexibility for customization to suit your needs. Situated on a generous lot, the home also features a sizable yard, ideal for outdoor activities, gardening, or future enhancements. Conveniently located near major roadways, schools, shopping, and local amenities, this property combines neighborhood charm with accessibility. Whether you're looking to move in, renovate, or expand your investment portfolio, 19502 Whitcomb presents strong potential value. Agent is owner.

15. 2026-05-31
    days on market $148,000 Active 20 DOM
16. 2026-05-11
    listed $148,000 Active 1011-char remark

    Show marketing remark (1011 chars)

    Welcome to 19502 Whitcomb street, a well maintained residence located in a quiet, established neighborhood on Detroit's west side. This charming home offers a great opportunity for homeowners and investors alike, featuring a functional layout with spacious living areas, abundant natural light, and solid construction throughout. The property includes multiple bedrooms and a comfortable living space designed for everyday living and entertaining. The kitchen provides ample cabinet storage and workspace, while the surrounding rooms offer flexibility for customization to suit your needs. Situated on a generous lot, the home also features a sizable yard, ideal for outdoor activities, gardening, or future enhancements. Conveniently located near major roadways, schools, shopping, and local amenities, this property combines neighborhood charm with accessibility. Whether you're looking to move in, renovate, or expand your investment portfolio, 19502 Whitcomb presents strong potential value. Agent is owner.

17. 2026-05-11
    listed $148,000 Active 1011-char remark

    Show marketing remark (1011 chars)

    Welcome to 19502 Whitcomb street, a well maintained residence located in a quiet, established neighborhood on Detroit's west side. This charming home offers a great opportunity for homeowners and investors alike, featuring a functional layout with spacious living areas, abundant natural light, and solid construction throughout. The property includes multiple bedrooms and a comfortable living space designed for everyday living and entertaining. The kitchen provides ample cabinet storage and workspace, while the surrounding rooms offer flexibility for customization to suit your needs. Situated on a generous lot, the home also features a sizable yard, ideal for outdoor activities, gardening, or future enhancements. Conveniently located near major roadways, schools, shopping, and local amenities, this property combines neighborhood charm with accessibility. Whether you're looking to move in, renovate, or expand your investment portfolio, 19502 Whitcomb presents strong potential value. Agent is owner.

18. 2024-02-01
    soldstatus $87,000
19. 2013-07-01
    soldstatus $17,200

    Show marketing remark (278 chars)

    HUD HOME. BEAUTIFUL LARGE BRICK 5 BEDROOM 1 BATH BUNGALOW. CLOSE TO FREEWAY, SHOPPING, SCHOOLS AND PARKS. GREAT FAMILY HOME. EVIDENCE OF DEFECTIVE PAINT. REPAIR PRESSURE IN DAMAGED PLUMBING SYSTEM. REPLACE MISSING HWT. LBP. MINIMUM COMMISSION APPLIES: SELLING BROKER UP TO $1250

20. 2013-07-01
    soldstatus $17,200

    Show marketing remark (278 chars)

    HUD HOME. BEAUTIFUL LARGE BRICK 5 BEDROOM 1 BATH BUNGALOW. CLOSE TO FREEWAY, SHOPPING, SCHOOLS AND PARKS. GREAT FAMILY HOME. EVIDENCE OF DEFECTIVE PAINT. REPAIR PRESSURE IN DAMAGED PLUMBING SYSTEM. REPLACE MISSING HWT. LBP. MINIMUM COMMISSION APPLIES: SELLING BROKER UP TO $1250

21. 2013-06-08
    historical

    Show marketing remark (278 chars)

    HUD HOME. BEAUTIFUL LARGE BRICK 5 BEDROOM 1 BATH BUNGALOW. CLOSE TO FREEWAY, SHOPPING, SCHOOLS AND PARKS. GREAT FAMILY HOME. EVIDENCE OF DEFECTIVE PAINT. REPAIR PRESSURE IN DAMAGED PLUMBING SYSTEM. REPLACE MISSING HWT. LBP. MINIMUM COMMISSION APPLIES: SELLING BROKER UP TO $1250

22. 2013-06-08
    historical

    Show marketing remark (278 chars)

    HUD HOME. BEAUTIFUL LARGE BRICK 5 BEDROOM 1 BATH BUNGALOW. CLOSE TO FREEWAY, SHOPPING, SCHOOLS AND PARKS. GREAT FAMILY HOME. EVIDENCE OF DEFECTIVE PAINT. REPAIR PRESSURE IN DAMAGED PLUMBING SYSTEM. REPLACE MISSING HWT. LBP. MINIMUM COMMISSION APPLIES: SELLING BROKER UP TO $1250

23. 2013-04-06
    listed $16,000

    Show marketing remark (278 chars)

    HUD HOME. BEAUTIFUL LARGE BRICK 5 BEDROOM 1 BATH BUNGALOW. CLOSE TO FREEWAY, SHOPPING, SCHOOLS AND PARKS. GREAT FAMILY HOME. EVIDENCE OF DEFECTIVE PAINT. REPAIR PRESSURE IN DAMAGED PLUMBING SYSTEM. REPLACE MISSING HWT. LBP. MINIMUM COMMISSION APPLIES: SELLING BROKER UP TO $1250

24. 2013-04-06
    listed $16,000

    Show marketing remark (278 chars)

    HUD HOME. BEAUTIFUL LARGE BRICK 5 BEDROOM 1 BATH BUNGALOW. CLOSE TO FREEWAY, SHOPPING, SCHOOLS AND PARKS. GREAT FAMILY HOME. EVIDENCE OF DEFECTIVE PAINT. REPAIR PRESSURE IN DAMAGED PLUMBING SYSTEM. REPLACE MISSING HWT. LBP. MINIMUM COMMISSION APPLIES: SELLING BROKER UP TO $1250

25. 2009-01-22
    historical
26. 2008-07-22
    listed $89,900
27. 2008-04-27
    historical
28. 2007-09-27
    listed $89,900
29. 1999-01-17
    soldstatus $72,000
30. 1998-06-27
    soldstatus $72,000
31. 1998-04-18
    listed $78,000
32. 1997-06-16
    historical
33. 1997-05-09
    listed $89,450
34. 1997-05-09
    historical
35. 1997-04-30
    listed $89,900

ⓘ 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: $4,640 · $387/mo
• Projected year-2 tax: $4,640 · $387/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 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 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,866
• − Mortgage interest: −$8,290
• − Property taxes: −$4,640
• − Insurance: −$740
• − Repairs & maintenance: −$1,829
• − Management: −$1,829
• − Depreciation: −$4,305
• Taxable income: $1,231
• Est. tax owed @ 24.0%: −$295
• After-tax cash flow: $3,075/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

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

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): 45,600
• Household income: $39,265
• Rent vs Own: 46.5% rent · 53.5% own
• Severe rent burden: 3064.0

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 (94%)
• Race & ethnicity: Black 94% White 3% Two or more races 2% Hispanic / Latino 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · 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: ▼ -153.02%
• Current HPI: 263.6326
• Rent YoY: ▲ 3.25%
• 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

+64.6% since first listed

24 events — show timeline

• 2026-06-09 Relisted — MiRealSource-MiMLS
• 2026-06-09 Relisted — REALCOMP
• 2026-06-01 Contingent — REALCOMP
• 2026-06-01 Contingent — MiRealSource-MiMLS
• 2026-05-11 Listed $148,000 REALCOMP
• 2026-05-11 Listed $148,000 MiRealSource-MiMLS
• 2024-02-01 Sold (Public Records) $87,000 Public Records
• 2013-07-01 Sold (MLS) $17,200 MiRealSource-MiMLS
• 2013-07-01 Sold (MLS) $17,200 REALCOMP
• 2013-06-08 Listing Removed — MiRealSource-MiMLS
• 2013-06-08 Listing Removed — REALCOMP
• 2013-04-06 Listed $16,000 MiRealSource-MiMLS
• 2013-04-06 Listed $16,000 REALCOMP
• 2009-01-22 Listing Removed — REALCOMP
• 2008-07-22 Listed $89,900 REALCOMP
• 2008-04-27 Listing Removed — REALCOMP
• 2007-09-27 Listed $89,900 REALCOMP
• 1999-01-17 Sold (Public Records) $72,000 Public Records
• 1998-06-27 Sold (MLS) $72,000 REALCOMP
• 1998-04-18 Listed $78,000 REALCOMP
• 1997-06-16 Listing Removed — REALCOMP
• 1997-05-09 Listing Removed — REALCOMP
• 1997-05-09 Listed $89,450 REALCOMP
• 1997-04-30 Listed $89,900 REALCOMP

Property tax history

+13.8%/yr

Latest (2025): $4,640 · +0.1% YoY. Source: county tax records.