4479 Fairway Dr · Port Huron, MI 48059

$179,900

3 bd · 1.0 ba · 1,242 sqft · SingleFamily · 10 Days on market

Built 1951 0.33 ac lot $145/sqft · 22% below area Est $230k · 22% under

---

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).

• ARV discount +15.0/15.0
• Cash flow +8.4/30.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• DSCR +2.3/10.0
• 1% rule +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come home to this charming and well maintained 3 bedroom, 1 bathroom ranch home situated in a quiet neighborhood just a short walk from a beautiful public sandy beach, and be at peace. Enjoy a good book in your bright and cheerful 3-season sun room or get caught up on chores in your first floor laundry. Discover a large deck and a sprawling deep yard with room for entertaining guests, letting out the furry friends to run or installing a garden with full sun all day. This lovely home even includes a garden shed with both a side door and rollup door for access. A spacious kitchen with separate dining area and an updated bathroom complete the well appointed interior. Can be sold turn key with all furnishings, or pick and choose what you would like to include. All appliances stay. Everything you need is here. You are home.

Key facts

• 0.33 acre lot
• Built 1951
• Listed 10 days

Property features AI

Finance

• HOA & community: Homeowners association present

Exterior

• Parking: Assigned parking
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One level; Vinyl siding
• Construction: Vinyl siding construction
• Exterior features: Garden; Deck; Porch; Shed(s); Beach access and lake privileges; Paved public road access

Interior

• Kitchen: Microwave; Oven; Range; Refrigerator; Dishwasher
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); Central air; Ceiling fan(s)
• Interior features: Disposal; Crawl space basement
• Laundry & utility: Washer; Dryer; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $-161 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $151k (15.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $124k (31.1% below list).
• Recommended offer: $124k (31.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 65/100 on livability (#445 in MI) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: amenities C-, health & safety D, schools F.
• Port Huron Area School District (suburban): math 23% / reading 37% proficiency, ranked #368 of 540 in MI (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 101 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 232 units permitted in St. Clair County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• St. Clair County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 12 sale attempts since 24y 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.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $123,929 (31.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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?
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: 0.69% ✗
• Cap rate: 5.22%
• Cash-on-cash: -3.83%
• DSCR: 0.83
• GRM: 12.1

CMA / ARV

• ARV (median comp): $229,516
• List price: $179,900
• Delta: -21.62%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4479 Fairway Dr	0.00mi	3/1.0	1,242 (0%)	1mo	$189,000	$152	100
4475 Fairway Dr	0.01mi	3/2.0	1,301 (+5%)	9mo	$181,000	$139	80
4333 24th #187 Ave	0.59mi	2/2.0 (-1)	1,232 (-1%)	2mo	$110,000	$89	61
2632 Grace Rd	0.16mi	3/1.5	1,420 (+14%)	18mo	$250,000	$176	52
4711 Meadowlawn Dr	0.63mi	3/2.0	1,384 (+11%)	10mo	$248,000	$179	40

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: -22.8%
• Equity multiple: 0.22×
• Total profit: $-39,449
• Equity at exit: $26,824

10-year hold

• IRR: -17.2%
• Equity multiple: 0.05×
• Total profit: $-47,735
• Equity at exit: $15,554

Cash invested: $50,372 (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 48059

• Active inventory: 101
• Price-to-rent: 12.1×

Monthly cashflow live

• Estimated rent: $1,239 medium
• Mortgage (P&I): −$943
• Tax from tax record: −$122 /mo · $1,460/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$260
• Net cashflow: $-161

Break-even live

Break-even rent $1,443

Max offer price $151,463

Occupancy floor —

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: $44,975
• Closing costs: $5,397
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4117 Gratiot Ave Fort Gratiot Township, MI	2.0	1.0	850	$995	$1.17	2d	1	0.81mi
3900 Aspen Dr Port Huron, MI	1.0–2.0	1.0	638	$1,720	$2.69	17d	1	1.20mi

Listing history 30 events

1. 2026-05-12
   status Pending 830-char remark

   Show marketing remark (830 chars)

   Come home to this charming and well maintained 3 bedroom, 1 bathroom ranch home situated in a quiet neighborhood just a short walk from a beautiful public sandy beach, and be at peace. Enjoy a good book in your bright and cheerful 3-season sun room or get caught up on chores in your first floor laundry. Discover a large deck and a sprawling deep yard with room for entertaining guests, letting out the furry friends to run or installing a garden with full sun all day. This lovely home even includes a garden shed with both a side door and rollup door for access. A spacious kitchen with separate dining area and an updated bathroom complete the well appointed interior. Can be sold turn key with all furnishings, or pick and choose what you would like to include. All appliances stay. Everything you need is here. You are home.

2. 2026-05-12
   status Pending 830-char remark

   Show marketing remark (830 chars)

   Come home to this charming and well maintained 3 bedroom, 1 bathroom ranch home situated in a quiet neighborhood just a short walk from a beautiful public sandy beach, and be at peace. Enjoy a good book in your bright and cheerful 3-season sun room or get caught up on chores in your first floor laundry. Discover a large deck and a sprawling deep yard with room for entertaining guests, letting out the furry friends to run or installing a garden with full sun all day. This lovely home even includes a garden shed with both a side door and rollup door for access. A spacious kitchen with separate dining area and an updated bathroom complete the well appointed interior. Can be sold turn key with all furnishings, or pick and choose what you would like to include. All appliances stay. Everything you need is here. You are home.

3. 2026-05-04
   historical Active Under Contract 830-char remark

   Show marketing remark (830 chars)

   Come home to this charming and well maintained 3 bedroom, 1 bathroom ranch home situated in a quiet neighborhood just a short walk from a beautiful public sandy beach, and be at peace. Enjoy a good book in your bright and cheerful 3-season sun room or get caught up on chores in your first floor laundry. Discover a large deck and a sprawling deep yard with room for entertaining guests, letting out the furry friends to run or installing a garden with full sun all day. This lovely home even includes a garden shed with both a side door and rollup door for access. A spacious kitchen with separate dining area and an updated bathroom complete the well appointed interior. Can be sold turn key with all furnishings, or pick and choose what you would like to include. All appliances stay. Everything you need is here. You are home.

4. 2026-05-04
   historical Accepting Backup Offers 830-char remark

   Show marketing remark (830 chars)

   Come home to this charming and well maintained 3 bedroom, 1 bathroom ranch home situated in a quiet neighborhood just a short walk from a beautiful public sandy beach, and be at peace. Enjoy a good book in your bright and cheerful 3-season sun room or get caught up on chores in your first floor laundry. Discover a large deck and a sprawling deep yard with room for entertaining guests, letting out the furry friends to run or installing a garden with full sun all day. This lovely home even includes a garden shed with both a side door and rollup door for access. A spacious kitchen with separate dining area and an updated bathroom complete the well appointed interior. Can be sold turn key with all furnishings, or pick and choose what you would like to include. All appliances stay. Everything you need is here. You are home.

5. 2026-05-02
   listed $179,900 Active 830-char remark

   Show marketing remark (830 chars)

   Come home to this charming and well maintained 3 bedroom, 1 bathroom ranch home situated in a quiet neighborhood just a short walk from a beautiful public sandy beach, and be at peace. Enjoy a good book in your bright and cheerful 3-season sun room or get caught up on chores in your first floor laundry. Discover a large deck and a sprawling deep yard with room for entertaining guests, letting out the furry friends to run or installing a garden with full sun all day. This lovely home even includes a garden shed with both a side door and rollup door for access. A spacious kitchen with separate dining area and an updated bathroom complete the well appointed interior. Can be sold turn key with all furnishings, or pick and choose what you would like to include. All appliances stay. Everything you need is here. You are home.

6. 2026-05-02
   listed $179,900 Active 830-char remark

   Show marketing remark (830 chars)

   Come home to this charming and well maintained 3 bedroom, 1 bathroom ranch home situated in a quiet neighborhood just a short walk from a beautiful public sandy beach, and be at peace. Enjoy a good book in your bright and cheerful 3-season sun room or get caught up on chores in your first floor laundry. Discover a large deck and a sprawling deep yard with room for entertaining guests, letting out the furry friends to run or installing a garden with full sun all day. This lovely home even includes a garden shed with both a side door and rollup door for access. A spacious kitchen with separate dining area and an updated bathroom complete the well appointed interior. Can be sold turn key with all furnishings, or pick and choose what you would like to include. All appliances stay. Everything you need is here. You are home.

7. 2026-04-28
   historical $179,900 830-char remark

   Show marketing remark (830 chars)

   Come home to this charming and well maintained 3 bedroom, 1 bathroom ranch home situated in a quiet neighborhood just a short walk from a beautiful public sandy beach, and be at peace. Enjoy a good book in your bright and cheerful 3-season sun room or get caught up on chores in your first floor laundry. Discover a large deck and a sprawling deep yard with room for entertaining guests, letting out the furry friends to run or installing a garden with full sun all day. This lovely home even includes a garden shed with both a side door and rollup door for access. A spacious kitchen with separate dining area and an updated bathroom complete the well appointed interior. Can be sold turn key with all furnishings, or pick and choose what you would like to include. All appliances stay. Everything you need is here. You are home.

8. 2023-10-30
   historical
9. 2023-10-30
   historical
10. 2023-10-19
    listed $159,900 Active
11. 2023-10-19
    listed $159,900
12. 2023-10-19
    historical
13. 2023-10-18
    historical
14. 2023-10-07
    price $129,900
15. 2023-10-06
    status Active
16. 2023-10-04
    historical Accepting Backup Offers
17. 2023-09-28
    listed $159,900 Active
18. 2023-09-28
    listed $129,900
19. 2011-09-19
    soldstatus $26,000
20. 2011-09-19
    soldstatus $26,000
21. 2011-08-15
    historical
22. 2011-07-12
    listed $27,000
23. 2011-07-12
    listed $27,000
24. 2011-01-04
    historical
25. 2010-06-16
    listed $35,000
26. 2002-09-20
    soldstatus $98,900
27. 2002-09-19
    soldstatus $102,900
28. 2002-08-08
    historical
29. 2002-07-24
    listed $98,900
30. 2002-07-23
    listed $98,900

ⓘ 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: $1,460 · $122/mo
• Projected year-2 tax: $2,115 · $176/mo
• Expected delta: +$655/yr (+$55/mo · 44.9%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥98°F today · 14 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,871
• − Mortgage interest: −$10,077
• − Property taxes: −$1,460
• − Insurance: −$900
• − Repairs & maintenance: −$1,190
• − Management: −$1,190
• − Depreciation: −$5,233
• Taxable loss: −$5,178
• Est. tax savings @ 24.0%: +$1,243
• After-tax cash flow: $-689/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: Port Huron Area School District
• NCES district ID: 2628830
• Math proficiency: 23% ▼ -5.00%
• Reading proficiency: 37% ▼ -2.00%
• Median HH income: $42,093
• Composite: 25.4/100
• National rank: #7462
• State rank: #368 of 540 in MI

Livability — Port Huron

• Score: 65/100
• State rank: #445
• US rank: #12478

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 39,342
• Population (ZIP): 15,371

Population outlook (St. Clair County) Hauer SSP2

• Today (2025): 154,587 people
• By 2030: 150,031 · -2.9%
• By 2040: 138,177 · -10.6%
• By 2050: 124,390 · -19.5%
• By 2075: 95,825 · -38.0%
• By 2100: 68,672 · -55.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 5% Two or more races 3% Black 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 11% Lithuanian 5% Slovak 4%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · St. Clair

• 2024 margin: Solid R (+34.6) · D 32.0% · R 66.6% · Other 1.4%
• 2008→2024 swing: -37.3pp toward R · 2008: 2.6pp · 2024: -34.6pp
• All cycles: 2024: R+34.6 2020: R+30.2 2016: R+31.4 2012: R+7.1 2008: D+2.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -133.89%
• Current HPI: 151.0184
• 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

+91.1% since first listed

32 events — show timeline

• 2026-06-04 Sold (MLS) $189,000 REALCOMP
• 2026-06-04 Sold (MLS) $189,000 MiRealSource-MiMLS
• 2026-05-12 Pending — REALCOMP
• 2026-05-12 Pending — MiRealSource-MiMLS
• 2026-05-04 Contingent — REALCOMP
• 2026-05-04 Contingent — MiRealSource-MiMLS
• 2026-05-02 Listed $179,900 REALCOMP
• 2026-05-02 Listed $179,900 MiRealSource-MiMLS
• 2026-04-28 Coming Soon $179,900 MiRealSource-MiMLS
• 2023-10-30 Listing Removed — MiRealSource-MiMLS
• 2023-10-30 Listing Removed — REALCOMP
• 2023-10-19 Listing Removed — MiRealSource-MiMLS
• 2023-10-19 Listed $159,900 MiRealSource-MiMLS
• 2023-10-19 Listed $159,900 REALCOMP
• 2023-10-18 Listing Removed — REALCOMP
• 2023-10-07 Price Changed $129,900 MiRealSource-MiMLS
• 2023-10-06 Relisted — MiRealSource-MiMLS
• 2023-10-04 Contingent — MiRealSource-MiMLS
• 2023-09-28 Listed $129,900 REALCOMP
• 2023-09-28 Listed $159,900 MiRealSource-MiMLS
• 2011-09-19 Sold (MLS) $26,000 MiRealSource-MiMLS
• 2011-09-19 Sold (MLS) $26,000 REALCOMP
• 2011-08-15 Listing Removed — MiRealSource-MiMLS
• 2011-07-12 Listed $27,000 MiRealSource-MiMLS
• 2011-07-12 Listed $27,000 REALCOMP
• 2011-01-04 Listing Removed — MiRealSource-MiMLS
• 2010-06-16 Listed $35,000 MiRealSource-MiMLS
• 2002-09-20 Sold (MLS) $98,900 REALCOMP
• 2002-09-19 Sold (MLS) $102,900 MiRealSource-MiMLS
• 2002-08-08 Listing Removed — MiRealSource-MiMLS
• 2002-07-24 Listed $98,900 MiRealSource-MiMLS
• 2002-07-23 Listed $98,900 REALCOMP

Property tax history

+4.7%/yr

Latest (2025): $1,460 · +2.2% YoY. Source: county tax records.