334 Delina St · Marine City, MI 48039

$187,000

3 bd · 1.0 ba · 1,400 sqft · SingleFamily · 50 Days on market

4,792 sqft lot $134/sqft · at area comps Est $188k · at est.

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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 +22.1/30.0
• ARV discount +7.7/15.0
• DSCR +7.1/10.0
• 1% rule +5.8/10.0
• Livability +3.5/5.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Affordable Family Home Close to Everything that Marine City has to Offer. Located Near the Historic Downtown District that Includes a Beach, Boardwalk, Bars and Restaurants, and so many Quaint Shops. Walk to the Library and DQ! Private Yard with a Tandem 2 Car Detached Garage. Newer Windows, Furnace/AC and Water Heater. New Main Level Flooring. Bathroom recently Updated. Keys at Closing.

Key facts

• Water heater
• Private yard
• Newer windows

Tags

• PRIVATE YARD
• TANDEM 2 CAR DETACHED GARAGE
• NEWER WINDOWS
• FURNACE AC
• WATER HEATER
• NEW MAIN LEVEL FLOORING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $187k.

Deal economics

• At list price, monthly cash flow is $301 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $187k).
• Recommended offer: $181k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.2% vs local median 3.2% in Marine City — 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 70/100 on livability (#309 in MI) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety D, amenities F, commute F.
• East China School District (suburban): math 32% / reading 46% proficiency, ranked #208 of 540 in MI (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 67 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $6k 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

• It's been on market 50 days — a 3% lower offer ($181k) is reasonable based on typical stale-listing flexibility.
• 14 sale attempts since 32y 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.

Recommended offer $181,390 (3.0% below list)

Questions for the listing agent

1. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.08% ✓
• Cap rate: 8.22%
• Cash-on-cash: 6.90%
• DSCR: 1.31
• GRM: 7.8

CMA / ARV

• ARV (median comp): $187,934
• List price: $187,000
• Delta: -0.50%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
332 Gladys St	0.30mi	3/2.0	1,407 (+0%)	1mo	$335,000	$238	80
149 S William St	0.26mi	3/1.5	1,354 (-3%)	1mo	$80,000	$59	79
213 E Saint Clair St	0.38mi	3/2.0	1,378 (-2%)	2mo	$45,000	$33	74
113 Murray Ct	0.39mi	3/2.0	1,428 (+2%)	7mo	$260,000	$182	69
337 N 2nd St	0.24mi	3/1.5	1,512 (+8%)	9mo	$220,000	$146	66
226 Bell St	0.37mi	3/1.0	1,220 (-13%)	1mo	$185,000	$152	60
271 N Elizabeth St	0.43mi	2/2.0 (-1)	1,436 (+3%)	9mo	$200,000	$139	59
486 N Belle River Ave	0.45mi	4/2.0 (+1)	1,500 (+7%)	1mo	$220,000	$147	57
6285 Pleasant St	0.75mi	3/1.0	1,320 (-6%)	2mo	$255,000	$193	54
407 Woodworth St	0.63mi	3/2.0	1,472 (+5%)	8mo	$250,000	$170	51
1120 West Blvd	0.44mi	3/1.5	1,196 (-15%)	2mo	$185,000	$155	51
618 Chartier St	0.69mi	2/2.0 (-1)	1,296 (-7%)	3mo	$110,000	$85	44

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: -5.7%
• Equity multiple: 0.79×
• Total profit: $-11,108
• Equity at exit: $27,882

10-year hold

• IRR: 4.0%
• Equity multiple: 1.29×
• Total profit: $15,119
• Equity at exit: $16,168

Cash invested: $52,360 (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 48039

• Active inventory: 67
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $2,010 medium
• Mortgage (P&I): −$981
• Tax from tax record: −$229 /mo · $2,744/yr
• Insurance: −$78
• HOA: −$0
• Vacancy / Maint / Mgmt: −$422
• Net cashflow: $301

Break-even live

Break-even rent $1,629

Max offer price $187,000

Occupancy floor 80%

Sensitivity live

Price	-10% $407	-5% $354	+0% $301	+5% $248	+10% $195
Rent	-10% $142	-5% $222	+0% $301	+5% $380	+10% $460
Rate	-1.0pp $395	-0.5pp $349	base $301	+0.5pp $252	+1.0pp $203

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: $46,750
• Closing costs: $5,610
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
121 Washington St Unit 2 Marine City, MI	3.0	2.0	1600	$1,450	$0.91	45d	1	0.42mi
121 Washington St Unit 1 Marine City, MI	2.0	1.0	1200	$2,400	$2.00	45d	1	0.42mi
258 S Water St Unit 2 Marine City, MI	3.0	1.0	1200	$2,200	$1.83	45d	1	0.43mi

Listing history 50 events

1. 2026-06-21
   days on market $187,000 Active 50 DOM
2. 2026-06-18
   days on market $187,000 Active 48 DOM
3. 2026-06-17
   days on market $187,000 Active 47 DOM
4. 2026-06-16
   days on market $187,000 Active 46 DOM
5. 2026-06-15
   days on market $187,000 Active 45 DOM
6. 2026-06-13
   days on market $187,000 Active 43 DOM
7. 2026-06-12
   days on market $187,000 Active 42 DOM
8. 2026-06-09
   days on market $187,000 Active 39 DOM
9. 2026-06-08
   days on market $187,000 Active 38 DOM
10. 2026-06-07
    days on market $187,000 Active 37 DOM
11. 2026-06-07
    days on market $187,000 Active 36 DOM
12. 2026-06-04
    days on market $187,000 Active 33 DOM
13. 2026-06-02
    days on market $187,000 Active 32 DOM
14. 2026-06-01
    days on market $187,000 Active 31 DOM
15. 2026-05-31
    days on market $187,000 Active 30 DOM
16. 2026-05-31
    days on market $187,000 Active 29 DOM
17. 2026-05-13
    status Active 391-char remark

    Show marketing remark (391 chars)

    Affordable Family Home Close to Everything that Marine City has to Offer. Located Near the Historic Downtown District that Includes a Beach, Boardwalk, Bars and Restaurants, and so many Quaint Shops. Walk to the Library and DQ! Private Yard with a Tandem 2 Car Detached Garage. Newer Windows, Furnace/AC and Water Heater. New Main Level Flooring. Bathroom recently Updated. Keys at Closing.

18. 2026-05-13
    status Active 391-char remark

    Show marketing remark (391 chars)

    Affordable Family Home Close to Everything that Marine City has to Offer. Located Near the Historic Downtown District that Includes a Beach, Boardwalk, Bars and Restaurants, and so many Quaint Shops. Walk to the Library and DQ! Private Yard with a Tandem 2 Car Detached Garage. Newer Windows, Furnace/AC and Water Heater. New Main Level Flooring. Bathroom recently Updated. Keys at Closing.

19. 2026-05-06
    status Pending 391-char remark

    Show marketing remark (391 chars)

    Affordable Family Home Close to Everything that Marine City has to Offer. Located Near the Historic Downtown District that Includes a Beach, Boardwalk, Bars and Restaurants, and so many Quaint Shops. Walk to the Library and DQ! Private Yard with a Tandem 2 Car Detached Garage. Newer Windows, Furnace/AC and Water Heater. New Main Level Flooring. Bathroom recently Updated. Keys at Closing.

20. 2026-05-06
    status Pending 391-char remark

    Show marketing remark (391 chars)

    Affordable Family Home Close to Everything that Marine City has to Offer. Located Near the Historic Downtown District that Includes a Beach, Boardwalk, Bars and Restaurants, and so many Quaint Shops. Walk to the Library and DQ! Private Yard with a Tandem 2 Car Detached Garage. Newer Windows, Furnace/AC and Water Heater. New Main Level Flooring. Bathroom recently Updated. Keys at Closing.

21. 2026-05-01
    price $187,000 391-char remark

    Show marketing remark (391 chars)

    Affordable Family Home Close to Everything that Marine City has to Offer. Located Near the Historic Downtown District that Includes a Beach, Boardwalk, Bars and Restaurants, and so many Quaint Shops. Walk to the Library and DQ! Private Yard with a Tandem 2 Car Detached Garage. Newer Windows, Furnace/AC and Water Heater. New Main Level Flooring. Bathroom recently Updated. Keys at Closing.

22. 2026-04-30
    status Active 391-char remark

    Show marketing remark (391 chars)

    Affordable Family Home Close to Everything that Marine City has to Offer. Located Near the Historic Downtown District that Includes a Beach, Boardwalk, Bars and Restaurants, and so many Quaint Shops. Walk to the Library and DQ! Private Yard with a Tandem 2 Car Detached Garage. Newer Windows, Furnace/AC and Water Heater. New Main Level Flooring. Bathroom recently Updated. Keys at Closing.

23. 2026-04-30
    price $187,000 391-char remark

    Show marketing remark (391 chars)

    Affordable Family Home Close to Everything that Marine City has to Offer. Located Near the Historic Downtown District that Includes a Beach, Boardwalk, Bars and Restaurants, and so many Quaint Shops. Walk to the Library and DQ! Private Yard with a Tandem 2 Car Detached Garage. Newer Windows, Furnace/AC and Water Heater. New Main Level Flooring. Bathroom recently Updated. Keys at Closing.

24. 2026-04-30
    status Active 391-char remark

    Show marketing remark (391 chars)

    Affordable Family Home Close to Everything that Marine City has to Offer. Located Near the Historic Downtown District that Includes a Beach, Boardwalk, Bars and Restaurants, and so many Quaint Shops. Walk to the Library and DQ! Private Yard with a Tandem 2 Car Detached Garage. Newer Windows, Furnace/AC and Water Heater. New Main Level Flooring. Bathroom recently Updated. Keys at Closing.

25. 2026-04-08
    status Pending 391-char remark

    Show marketing remark (391 chars)

    Affordable Family Home Close to Everything that Marine City has to Offer. Located Near the Historic Downtown District that Includes a Beach, Boardwalk, Bars and Restaurants, and so many Quaint Shops. Walk to the Library and DQ! Private Yard with a Tandem 2 Car Detached Garage. Newer Windows, Furnace/AC and Water Heater. New Main Level Flooring. Bathroom recently Updated. Keys at Closing.

26. 2026-04-08
    status Pending 391-char remark

    Show marketing remark (391 chars)

    Affordable Family Home Close to Everything that Marine City has to Offer. Located Near the Historic Downtown District that Includes a Beach, Boardwalk, Bars and Restaurants, and so many Quaint Shops. Walk to the Library and DQ! Private Yard with a Tandem 2 Car Detached Garage. Newer Windows, Furnace/AC and Water Heater. New Main Level Flooring. Bathroom recently Updated. Keys at Closing.

27. 2026-04-08
    historical 391-char remark

    Show marketing remark (391 chars)

    Affordable Family Home Close to Everything that Marine City has to Offer. Located Near the Historic Downtown District that Includes a Beach, Boardwalk, Bars and Restaurants, and so many Quaint Shops. Walk to the Library and DQ! Private Yard with a Tandem 2 Car Detached Garage. Newer Windows, Furnace/AC and Water Heater. New Main Level Flooring. Bathroom recently Updated. Keys at Closing.

28. 2026-04-02
    listed $182,500 Active 391-char remark

    Show marketing remark (391 chars)

    Affordable Family Home Close to Everything that Marine City has to Offer. Located Near the Historic Downtown District that Includes a Beach, Boardwalk, Bars and Restaurants, and so many Quaint Shops. Walk to the Library and DQ! Private Yard with a Tandem 2 Car Detached Garage. Newer Windows, Furnace/AC and Water Heater. New Main Level Flooring. Bathroom recently Updated. Keys at Closing.

29. 2026-04-02
    listed $182,500 Active 391-char remark

    Show marketing remark (391 chars)

    Affordable Family Home Close to Everything that Marine City has to Offer. Located Near the Historic Downtown District that Includes a Beach, Boardwalk, Bars and Restaurants, and so many Quaint Shops. Walk to the Library and DQ! Private Yard with a Tandem 2 Car Detached Garage. Newer Windows, Furnace/AC and Water Heater. New Main Level Flooring. Bathroom recently Updated. Keys at Closing.

30. 2024-09-16
    soldstatus $164,900
31. 2024-08-27
    soldstatus $164,900 Sold
32. 2024-08-27
    soldstatus $164,900 Closed
33. 2024-08-11
    status Pending
34. 2024-08-11
    status Pending
35. 2024-07-31
    historical Accepting Backup Offers
36. 2024-07-30
    historical Accepting Backup Offers
37. 2024-07-05
    listed $169,900 Active
38. 2024-07-05
    listed $169,900 Active
39. 2020-07-31
    soldstatus $114,900 Closed
40. 2020-07-31
    soldstatus $114,900
41. 2020-05-29
    status Pending
42. 2020-04-27
    listed $114,900 Active
43. 2020-04-27
    listed $114,900
44. 2020-04-26
    historical
45. 2020-04-26
    historical
46. 2019-11-12
    price $114,900
47. 2019-10-25
    listed $114,900
48. 2019-10-25
    listed $119,900 Active
49. 2001-09-28
    soldstatus $60,000
50. 2001-07-31
    historical

ⓘ 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: $2,744 · $229/mo
• Projected year-2 tax: $2,812 · $234/mo
• Expected delta: +$68/yr (+$6/mo · 2.5%)

ⓘ 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 ≥96°F today · 14 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,124
• − Mortgage interest: −$10,475
• − Property taxes: −$2,744
• − Insurance: −$935
• − Repairs & maintenance: −$1,930
• − Management: −$1,930
• − Depreciation: −$5,440
• Taxable income: $670
• Est. tax owed @ 24.0%: −$161
• After-tax cash flow: $3,450/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: East China School District
• NCES district ID: 2612420
• Math proficiency: 32% ▼ -9.00%
• Reading proficiency: 46% ▼ -8.00%
• Median HH income: $56,455
• Composite: 34.23/100
• National rank: #5260
• State rank: #208 of 540 in MI

Livability — Marine City

• Score: 70/100
• State rank: #309
• US rank: #7617

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Marine City, MI
• Population (ZIP): 7,466

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 (96%)
• Race & ethnicity: White 96% Two or more races 2% Hispanic / Latino 1%
• Common ancestry: Romanian 12% Lithuanian 8% Slovak 2%
• Foreign-born: 1% · Canada

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: ▼ -136.09%
• Current HPI: 166.0692
• 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

+326.0% since first listed

38 events — show timeline

• 2026-05-13 Relisted — REALCOMP
• 2026-05-13 Relisted — MiRealSource-MiMLS
• 2026-05-06 Pending — REALCOMP
• 2026-05-06 Pending — MiRealSource-MiMLS
• 2026-05-01 Price Changed $187,000 MiRealSource-MiMLS
• 2026-04-30 Relisted — REALCOMP
• 2026-04-30 Price Changed $187,000 REALCOMP
• 2026-04-30 Relisted — MiRealSource-MiMLS
• 2026-04-08 Pending — REALCOMP
• 2026-04-08 Pending — MiRealSource-MiMLS
• 2026-04-08 Listing Removed — MiRealSource-MiMLS
• 2026-04-02 Listed $182,500 MiRealSource-MiMLS
• 2026-04-02 Listed $182,500 REALCOMP
• 2024-09-16 Sold (Public Records) $164,900 Public Records
• 2024-08-27 Sold (MLS) $164,900 MiRealSource-MiMLS
• 2024-08-27 Sold (MLS) $164,900 REALCOMP
• 2024-08-11 Pending — MiRealSource-MiMLS
• 2024-08-11 Pending — REALCOMP
• 2024-07-31 Contingent — MiRealSource-MiMLS
• 2024-07-30 Contingent — REALCOMP
• 2024-07-05 Listed $169,900 MiRealSource-MiMLS
• 2024-07-05 Listed $169,900 REALCOMP
• 2020-07-31 Sold (MLS) $114,900 REALCOMP
• 2020-07-31 Sold (MLS) $114,900 MiRealSource-MiMLS
• 2020-05-29 Pending — MiRealSource-MiMLS
• 2020-04-27 Listed $114,900 REALCOMP
• 2020-04-27 Listed $114,900 MiRealSource-MiMLS
• 2020-04-26 Listing Removed — MiRealSource-MiMLS
• 2020-04-26 Listing Removed — REALCOMP
• 2019-11-12 Price Changed $114,900 MiRealSource-MiMLS
• 2019-10-25 Listed $119,900 MiRealSource-MiMLS
• 2019-10-25 Listed $114,900 REALCOMP
• 2001-09-28 Sold (MLS) $60,000 MiRealSource-MiMLS
• 2001-07-31 Listing Removed — MiRealSource-MiMLS
• 2001-06-01 Listed $60,000 MiRealSource-MiMLS
• 1995-04-04 Listing Removed — MiRealSource-MiMLS
• 1995-04-03 Sold (MLS) $42,000 MiRealSource-MiMLS
• 1994-07-20 Listed $43,900 MiRealSource-MiMLS

Property tax history

+9.5%/yr

Latest (2025): $2,744 · +31.5% YoY. Source: county tax records.