22134 Wick Rd · Taylor, MI 48180

$169,900

3 bd · 1.0 ba · 1,080 sqft · SingleFamily public records · 221 Days on market

Built 1956 6,534 sqft lot Est $198k · 14% under

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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).

• Cash flow +15.2/30.0
• ARV discount +13.8/15.0
• DSCR +4.7/10.0
• Livability +3.8/5.0
• 1% rule +3.7/10.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

* * ESTATE SALE * * 3 BEDROOM BUNGALOW IN PRIME TAYLOR AREA. 1 1/2 CAR GARAGE WITH ELECTRICITY. FULL PARTIALLY FINISHED BASEMENT. BIG BACKYARD FOR ENTERTAINMENT. NEWER F/A C/A ROOF. PURCHASER TO ASSUME ALL REPAIRS FOR CERTIFICATE OF OCCUPANCY. FURTHER DETAILS IN AGENT REMARKS. EASY SHOWINGS. BATVAI. LICENSED REALTORS PRESENT AT ALL SHOWINGS. NO VIRTUAL TOURS,

Key facts

• Big backyard
• Newer roof
• 1 1/2 car garage

Tags

• PRIME TAYLOR AREA
• 1 1/2 CAR GARAGE
• BIG BACKYARD
• NEWER ROOF

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $60 ($725/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $149k (12.6% below list).
• Recommended offer: $149k (12.6% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 5.4% in Taylor — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 76/100 on livability (#144 in MI, #3,684 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, schools F, crime F.
• Taylor School District (urban): math 14% / reading 27% proficiency, ranked #462 of 540 in MI (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.9%/yr); 281 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 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.
• 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 221 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $23k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $33k; list at $170k implies a 415% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $148,523 (12.6% below list)

Questions for the listing agent

1. It's been on market 221 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
2. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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?
8. 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.
9. 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.
10. 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: 0.87% ✗
• Cap rate: 6.72%
• Cash-on-cash: 1.53%
• DSCR: 1.07
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $197,640
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
22021 Rosemary St	0.20mi	3/1.0	980 (-9%)	1mo	$210,000	$214	74
9223 Roosevelt St	0.07mi	3/2.0	1,200 (+11%)	4mo	$219,000	$183	71
8910 Mason St	0.50mi	3/1.0	1,053 (-2%)	5mo	$145,000	$138	69
20812 Wick Rd	0.63mi	3/1.0	1,100 (+2%)	3mo	$155,000	$141	65
8003 Roosevelt St	0.59mi	3/1.0	1,029 (-5%)	1mo	$195,000	$190	64
8248 Birch St	0.64mi	3/1.0	1,123 (+4%)	0mo	$181,900	$162	63
8339 Birch St	0.58mi	3/1.0	994 (-8%)	1mo	$142,000	$143	59
9360 Pine St	0.70mi	3/1.0	1,036 (-4%)	2mo	$140,000	$135	59
9942 Lincoln St	0.50mi	3/1.0	980 (-9%)	3mo	$205,000	$209	58
9255 Syracuse St	0.71mi	3/1.0	1,036 (-4%)	4mo	$169,000	$163	57
8019 Roosevelt St	0.58mi	3/1.0	957 (-11%)	3mo	$175,100	$183	52
22324 Wohlfeil St	0.45mi	2/2.0 (-1)	948 (-12%)	5mo	$190,000	$200	46

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 · 4.9% rent growth · sell at horizon

5-year hold

• IRR: -11.9%
• Equity multiple: 0.56×
• Total profit: $-20,803
• Equity at exit: $25,333

10-year hold

• IRR: -0.2%
• Equity multiple: 0.98×
• Total profit: $-877
• Equity at exit: $14,690

Cash invested: $47,572 (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 48180

• Rents YoY: 4.9%
• Active inventory: 281
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $1,485 high
• Mortgage (P&I): −$891
• Tax from tax record: −$151 /mo · $1,813/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$312
• Net cashflow: $60

Break-even live

Break-even rent $1,409

Max offer price $169,900

Occupancy floor 91%

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9620 Elm St Taylor, MI	2.0	1.0	800	$1,470	$1.84	1d	3	0.62mi
23060 Bernard St Taylor, MI	2.0	1.0	836	$1,400	$1.67	1d	1	0.94mi
7873 Syracuse St Taylor, MI	2.0	1.0	728	$1,400	$1.92	43d	1	0.96mi
24268 Haskell St Taylor, MI	1.0–2.0	1.0	880	$1,565	$1.78	1d	8	1.11mi
9918 Allen Pointe Dr Allen Park, MI	1.0–2.0	1.0–2.0	678	$1,125	$1.66	12d	1	1.22mi
10019 Allen Pointe Dr Allen Park, MI	2.0	1.5	796	$1,055	$1.33	12d	1	1.26mi
11312 Elm St Taylor, MI	2.0	1.0	830	$1,125	$1.36	43d	1	1.40mi

Listing history 15 events

1. 2026-04-06
   status Pending 364-char remark

   Show marketing remark (364 chars)

   * * ESTATE SALE * * 3 BEDROOM BUNGALOW IN PRIME TAYLOR AREA. 1 1/2 CAR GARAGE WITH ELECTRICITY. FULL PARTIALLY FINISHED BASEMENT. BIG BACKYARD FOR ENTERTAINMENT. NEWER F/A C/A ROOF. PURCHASER TO ASSUME ALL REPAIRS FOR CERTIFICATE OF OCCUPANCY. FURTHER DETAILS IN AGENT REMARKS. EASY SHOWINGS. BATVAI. LICENSED REALTORS PRESENT AT ALL SHOWINGS. NO VIRTUAL TOURS,

2. 2026-04-06
   status Pending

   Show marketing remark (364 chars)

   * * ESTATE SALE * * 3 BEDROOM BUNGALOW IN PRIME TAYLOR AREA. 1 1/2 CAR GARAGE WITH ELECTRICITY. FULL PARTIALLY FINISHED BASEMENT. BIG BACKYARD FOR ENTERTAINMENT. NEWER F/A C/A ROOF. PURCHASER TO ASSUME ALL REPAIRS FOR CERTIFICATE OF OCCUPANCY. FURTHER DETAILS IN AGENT REMARKS. EASY SHOWINGS. BATVAI. LICENSED REALTORS PRESENT AT ALL SHOWINGS. NO VIRTUAL TOURS,

3. 2026-03-01
   status Active 364-char remark

   Show marketing remark (364 chars)

   * * ESTATE SALE * * 3 BEDROOM BUNGALOW IN PRIME TAYLOR AREA. 1 1/2 CAR GARAGE WITH ELECTRICITY. FULL PARTIALLY FINISHED BASEMENT. BIG BACKYARD FOR ENTERTAINMENT. NEWER F/A C/A ROOF. PURCHASER TO ASSUME ALL REPAIRS FOR CERTIFICATE OF OCCUPANCY. FURTHER DETAILS IN AGENT REMARKS. EASY SHOWINGS. BATVAI. LICENSED REALTORS PRESENT AT ALL SHOWINGS. NO VIRTUAL TOURS,

4. 2026-03-01
   historical 364-char remark

   Show marketing remark (364 chars)

   * * ESTATE SALE * * 3 BEDROOM BUNGALOW IN PRIME TAYLOR AREA. 1 1/2 CAR GARAGE WITH ELECTRICITY. FULL PARTIALLY FINISHED BASEMENT. BIG BACKYARD FOR ENTERTAINMENT. NEWER F/A C/A ROOF. PURCHASER TO ASSUME ALL REPAIRS FOR CERTIFICATE OF OCCUPANCY. FURTHER DETAILS IN AGENT REMARKS. EASY SHOWINGS. BATVAI. LICENSED REALTORS PRESENT AT ALL SHOWINGS. NO VIRTUAL TOURS,

5. 2026-02-18
   price $169,900 364-char remark

   Show marketing remark (364 chars)

   * * ESTATE SALE * * 3 BEDROOM BUNGALOW IN PRIME TAYLOR AREA. 1 1/2 CAR GARAGE WITH ELECTRICITY. FULL PARTIALLY FINISHED BASEMENT. BIG BACKYARD FOR ENTERTAINMENT. NEWER F/A C/A ROOF. PURCHASER TO ASSUME ALL REPAIRS FOR CERTIFICATE OF OCCUPANCY. FURTHER DETAILS IN AGENT REMARKS. EASY SHOWINGS. BATVAI. LICENSED REALTORS PRESENT AT ALL SHOWINGS. NO VIRTUAL TOURS,

6. 2026-02-17
   price $169,900
7. 2026-01-16
   price $175,000 364-char remark

   Show marketing remark (364 chars)

   * * ESTATE SALE * * 3 BEDROOM BUNGALOW IN PRIME TAYLOR AREA. 1 1/2 CAR GARAGE WITH ELECTRICITY. FULL PARTIALLY FINISHED BASEMENT. BIG BACKYARD FOR ENTERTAINMENT. NEWER F/A C/A ROOF. PURCHASER TO ASSUME ALL REPAIRS FOR CERTIFICATE OF OCCUPANCY. FURTHER DETAILS IN AGENT REMARKS. EASY SHOWINGS. BATVAI. LICENSED REALTORS PRESENT AT ALL SHOWINGS. NO VIRTUAL TOURS,

8. 2026-01-15
   price $175,000
9. 2025-11-21
   price $179,900 364-char remark

   Show marketing remark (364 chars)

   * * ESTATE SALE * * 3 BEDROOM BUNGALOW IN PRIME TAYLOR AREA. 1 1/2 CAR GARAGE WITH ELECTRICITY. FULL PARTIALLY FINISHED BASEMENT. BIG BACKYARD FOR ENTERTAINMENT. NEWER F/A C/A ROOF. PURCHASER TO ASSUME ALL REPAIRS FOR CERTIFICATE OF OCCUPANCY. FURTHER DETAILS IN AGENT REMARKS. EASY SHOWINGS. BATVAI. LICENSED REALTORS PRESENT AT ALL SHOWINGS. NO VIRTUAL TOURS,

10. 2025-11-20
    price $179,900
11. 2025-10-13
    price $185,000 364-char remark

    Show marketing remark (364 chars)

    * * ESTATE SALE * * 3 BEDROOM BUNGALOW IN PRIME TAYLOR AREA. 1 1/2 CAR GARAGE WITH ELECTRICITY. FULL PARTIALLY FINISHED BASEMENT. BIG BACKYARD FOR ENTERTAINMENT. NEWER F/A C/A ROOF. PURCHASER TO ASSUME ALL REPAIRS FOR CERTIFICATE OF OCCUPANCY. FURTHER DETAILS IN AGENT REMARKS. EASY SHOWINGS. BATVAI. LICENSED REALTORS PRESENT AT ALL SHOWINGS. NO VIRTUAL TOURS,

12. 2025-10-12
    price $185,000
13. 2025-08-28
    listed $192,500 Active 364-char remark

    Show marketing remark (364 chars)

    * * ESTATE SALE * * 3 BEDROOM BUNGALOW IN PRIME TAYLOR AREA. 1 1/2 CAR GARAGE WITH ELECTRICITY. FULL PARTIALLY FINISHED BASEMENT. BIG BACKYARD FOR ENTERTAINMENT. NEWER F/A C/A ROOF. PURCHASER TO ASSUME ALL REPAIRS FOR CERTIFICATE OF OCCUPANCY. FURTHER DETAILS IN AGENT REMARKS. EASY SHOWINGS. BATVAI. LICENSED REALTORS PRESENT AT ALL SHOWINGS. NO VIRTUAL TOURS,

14. 2025-08-28
    listed $192,500 Active

    Show marketing remark (364 chars)

    * * ESTATE SALE * * 3 BEDROOM BUNGALOW IN PRIME TAYLOR AREA. 1 1/2 CAR GARAGE WITH ELECTRICITY. FULL PARTIALLY FINISHED BASEMENT. BIG BACKYARD FOR ENTERTAINMENT. NEWER F/A C/A ROOF. PURCHASER TO ASSUME ALL REPAIRS FOR CERTIFICATE OF OCCUPANCY. FURTHER DETAILS IN AGENT REMARKS. EASY SHOWINGS. BATVAI. LICENSED REALTORS PRESENT AT ALL SHOWINGS. NO VIRTUAL TOURS,

15. 1991-09-10
    soldstatus $33,000

ⓘ 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: $1,813 · $151/mo
• Projected year-2 tax: $2,215 · $185/mo
• Expected delta: +$402/yr (+$33/mo · 22.1%)

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

Taxation est. · year 1

• Rental income: $17,823
• − Mortgage interest: −$9,517
• − Property taxes: −$1,813
• − Insurance: −$850
• − Repairs & maintenance: −$1,426
• − Management: −$1,426
• − Depreciation: −$4,943
• Taxable loss: −$2,151
• Est. tax savings @ 24.0%: +$516
• After-tax cash flow: $1,242/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: Taylor School District
• NCES district ID: 2633540
• Math proficiency: 14% ▼ -7.00%
• Reading proficiency: 27% ▼ -4.00%
• Median HH income: $43,062
• Composite: 17.62/100
• National rank: #9034
• State rank: #462 of 540 in MI

Livability — Taylor

• Score: 76/100
• State rank: #144
• US rank: #3684

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Taylor, MI
• County: Wayne County · 1,562,939 people
• City population: 62,081
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 62,081
• Household income: $61,081
• Rent vs Own: 33.3% rent · 66.7% own
• Severe rent burden: 1957.0

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: Majority White (65%)
• Race & ethnicity: White 65% Black 19% Two or more races 9% Hispanic / Latino 9% Asian 2%
• Hispanic origin (detail): Mexican 6% Puerto Rican 2%
• Common ancestry: Romanian 8% Lithuanian 3% Slovak 2%
• Foreign-born: 7% · Canada
• Languages at home: 89% English-only · Spanish 4% Arabic 3% Other Indo-European 3%

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: ▼ -212.33%
• Current HPI: 228.921
• Rent YoY: ▲ 4.90%
• 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

+414.8% since first listed

15 events — show timeline

• 2026-04-06 Pending — MiRealSource-MiMLS
• 2026-04-06 Pending — REALCOMP
• 2026-03-01 Relisted — MiRealSource-MiMLS
• 2026-03-01 Listing Removed — MiRealSource-MiMLS
• 2026-02-18 Price Changed $169,900 MiRealSource-MiMLS
• 2026-02-17 Price Changed $169,900 REALCOMP
• 2026-01-16 Price Changed $175,000 MiRealSource-MiMLS
• 2026-01-15 Price Changed $175,000 REALCOMP
• 2025-11-21 Price Changed $179,900 MiRealSource-MiMLS
• 2025-11-20 Price Changed $179,900 REALCOMP
• 2025-10-13 Price Changed $185,000 MiRealSource-MiMLS
• 2025-10-12 Price Changed $185,000 REALCOMP
• 2025-08-28 Listed $192,500 REALCOMP
• 2025-08-28 Listed $192,500 MiRealSource-MiMLS
• 1991-09-10 Sold (Public Records) $33,000 Public Records

Property tax history

+0.4%/yr

Latest (2025): $1,813 · -11.6% YoY. Source: county tax records.