53 W Charlotte St · Ecorse, MI 48229

$92,500

2 bd · 1.0 ba · 552 sqft · SingleFamily public records · 115 Days on market

Built 1937 3,485 sqft lot

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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 +25.9/30.0
• Appreciation +10.0/10.0
• DSCR +8.7/10.0
• ARV discount +7.5/15.0
• 1% rule +5.9/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.3/10.0

Listing remarks MLS

Charming 2 bedroom, 1 bathroom home with a fresh, modern interior and additional living space in the basement. This home features updated flooring, a beautifully renovated kitchen with new cabinetry and a stylish backsplash, and a bright, open living area. The updated bathroom offers a clean, contemporary look, while the neutral finishes throughout make it easy to move right in or personalize to your style. The partially finished basement includes a bonus room that can be used as a home office, workout space, or extra storage. Outside, you will find a large backyard with a detached garage and plenty of space for parking, storage, or entertaining.

Key facts

• Large backyard
• Bonus room
• Renovated kitchen

Tags

• UPDATED FLOORING
• RENOVATED KITCHEN
• BONUS ROOM
• LARGE BACKYARD

Property features AI

Exterior

• Parking: Detached 2-car garage
• Utilities: Public water; Sewer available
• Home design: Single family residence; One story; Ground level entry with steps
• Construction: Built with other construction materials; Block foundation
• Exterior features: Paved road access; Lot approximately 0.08 acres (30 x 110.1)

Interior

• Bedrooms: Total of 4 rooms (bedrooms included)
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Natural gas heating; No central cooling
• Interior features: Partially finished basement; Basement present

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $92k.

Deal economics

• At list price, monthly cash flow is $228 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $92k).
• Recommended offer: $84k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 69/100 on livability (#348 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.
• Ecorse Public Schools (suburban): math 3% / reading 7% proficiency, ranked #536 of 540 in MI (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 56 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).

Forward outlook

• In year one you build about $10k of equity ($640 loan paydown + $9k appreciation (10.0% local appreciation)).
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $26k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 115 days — a 9% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts; this cycle's ask is 8309% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $34k; list at $92k implies a 176% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1937 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $84,175 (9.0% below list)

Questions for the listing agent

1. It's been on market 115 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1937 — 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. 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: 1.09% ✓
• Cap rate: 9.25%
• Cash-on-cash: 10.57%
• DSCR: 1.47
• GRM: 7.6

CMA / ARV

• ARV (on-the-fly): $44,712
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4228 9th St	0.54mi	1/1.0 (-1)	617 (+12%)	4mo	$50,000	$81	47
47 East Rockwood St	0.56mi	1/1.0 (-1)	600 (+9%)	10mo	$25,000	$42	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 32.0%
• Equity multiple: 3.50×
• Total profit: $64,878
• Equity at exit: $83,331

10-year hold

• IRR: 27.6%
• Equity multiple: 7.93×
• Total profit: $179,578
• Equity at exit: $179,707

Cash invested: $25,900 (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 48229

• Home prices YoY: 33.9%
• Active inventory: 56
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,012 high
• Mortgage (P&I): −$485
• Tax from tax record: −$48 /mo · $571/yr
• Insurance: −$39
• HOA: −$0
• Vacancy / Maint / Mgmt: −$212
• Net cashflow: $228

Break-even live

Break-even rent $723

Max offer price $92,500

Occupancy floor 72%

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: $23,125
• Closing costs: $2,775
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3748 15th St Ecorse, MI	2.0	1.0	528	$1,099	$2.08	16d	1	0.65mi
88 Hill St Unit 2 River Rouge, MI	1.0	1.0	700	$800	$1.14	24d	1	0.76mi
4471 High St Unit 81-13 Ecorse, MI	2.0	1.0	700	$1,050	$1.50	24d	1	0.90mi
4471 High St Unit 71-7 Ecorse, MI	2.0	1.0	700	$1,150	$1.64	24d	1	0.90mi
4471 High St Unit 25-4 Ecorse, MI	1.0	1.0	600	$1,025	$1.71	17d	1	0.90mi
800 Montie Rd Apt 12 Lincoln Park, MI	1.0	1.0	700	$1,000	$1.43	24d	1	0.99mi
4581 High St Unit 13 Ecorse, MI	2.0	1.0	700	$1,050	$1.50	24d	1	1.11mi
25 Le Blanc St Unit 4 Ecorse, MI	1.0	1.0	650	$1,025	$1.58	17d	1	1.11mi
1583 Empire Ave Lincoln Park, MI	1.0	1.0	700	$1,050	$1.50	24d	1	1.18mi
1563 Wilson Ave Lincoln Park, MI	1.0	1.0	750	$895	$1.19	4d	1	1.31mi
1270 Electric Ave Lincoln Park, MI	1.0	1.0	500	$1,045	$2.09	24d	1	1.40mi
1201 Fort St Lincoln Park, MI	1.0	1.0	636	$795	$1.25	21d	1	1.42mi
1537 Chandler Ave Lincoln Park, MI	2.0	1.0	725	$1,100	$1.52	17d	1	1.45mi

Listing history 42 events

1. 2026-06-18
   price $92,500 Active 115 DOM
2. 2026-06-18
   days on market $97,000 Active 115 DOM
3. 2026-06-17
   days on market $97,000 Active 114 DOM
4. 2026-06-16
   days on market $97,000 Active 113 DOM
5. 2026-06-15
   days on market $97,000 Active 112 DOM
6. 2026-06-13
   days on market $97,000 Active 110 DOM
7. 2026-06-09
   days on market $97,000 Active 106 DOM
8. 2026-06-08
   days on market $97,000 Active 105 DOM
9. 2026-06-07
   days on market $97,000 Active 104 DOM
10. 2026-06-04
    days on market $97,000 Active 101 DOM
11. 2026-06-03
    days on market $97,000 Active 100 DOM
12. 2026-06-02
    days on market $97,000 Active 99 DOM
13. 2026-06-01
    days on market $97,000 Active 98 DOM
14. 2026-05-31
    days on market $97,000 Active 97 DOM
15. 2026-04-30
    status Active 654-char remark

    Show marketing remark (654 chars)

    Charming 2 bedroom, 1 bathroom home with a fresh, modern interior and additional living space in the basement. This home features updated flooring, a beautifully renovated kitchen with new cabinetry and a stylish backsplash, and a bright, open living area. The updated bathroom offers a clean, contemporary look, while the neutral finishes throughout make it easy to move right in or personalize to your style. The partially finished basement includes a bonus room that can be used as a home office, workout space, or extra storage. Outside, you will find a large backyard with a detached garage and plenty of space for parking, storage, or entertaining.

16. 2026-04-30
    status Active

    Show marketing remark (654 chars)

    Charming 2 bedroom, 1 bathroom home with a fresh, modern interior and additional living space in the basement. This home features updated flooring, a beautifully renovated kitchen with new cabinetry and a stylish backsplash, and a bright, open living area. The updated bathroom offers a clean, contemporary look, while the neutral finishes throughout make it easy to move right in or personalize to your style. The partially finished basement includes a bonus room that can be used as a home office, workout space, or extra storage. Outside, you will find a large backyard with a detached garage and plenty of space for parking, storage, or entertaining.

17. 2026-04-20
    status Pending 654-char remark

    Show marketing remark (654 chars)

    Charming 2 bedroom, 1 bathroom home with a fresh, modern interior and additional living space in the basement. This home features updated flooring, a beautifully renovated kitchen with new cabinetry and a stylish backsplash, and a bright, open living area. The updated bathroom offers a clean, contemporary look, while the neutral finishes throughout make it easy to move right in or personalize to your style. The partially finished basement includes a bonus room that can be used as a home office, workout space, or extra storage. Outside, you will find a large backyard with a detached garage and plenty of space for parking, storage, or entertaining.

18. 2026-04-20
    status Pending

    Show marketing remark (654 chars)

    Charming 2 bedroom, 1 bathroom home with a fresh, modern interior and additional living space in the basement. This home features updated flooring, a beautifully renovated kitchen with new cabinetry and a stylish backsplash, and a bright, open living area. The updated bathroom offers a clean, contemporary look, while the neutral finishes throughout make it easy to move right in or personalize to your style. The partially finished basement includes a bonus room that can be used as a home office, workout space, or extra storage. Outside, you will find a large backyard with a detached garage and plenty of space for parking, storage, or entertaining.

19. 2026-04-19
    historical $1,100
20. 2026-04-15
    listed $1,100
21. 2026-04-14
    historical $1,100
22. 2026-03-11
    listed $1,100
23. 2026-02-24
    status Active
24. 2026-02-23
    historical
25. 2026-02-13
    listed $97,000 Active 654-char remark

    Show marketing remark (654 chars)

    Charming 2 bedroom, 1 bathroom home with a fresh, modern interior and additional living space in the basement. This home features updated flooring, a beautifully renovated kitchen with new cabinetry and a stylish backsplash, and a bright, open living area. The updated bathroom offers a clean, contemporary look, while the neutral finishes throughout make it easy to move right in or personalize to your style. The partially finished basement includes a bonus room that can be used as a home office, workout space, or extra storage. Outside, you will find a large backyard with a detached garage and plenty of space for parking, storage, or entertaining.

26. 2026-02-13
    listed $97,000 Active

    Show marketing remark (654 chars)

    Charming 2 bedroom, 1 bathroom home with a fresh, modern interior and additional living space in the basement. This home features updated flooring, a beautifully renovated kitchen with new cabinetry and a stylish backsplash, and a bright, open living area. The updated bathroom offers a clean, contemporary look, while the neutral finishes throughout make it easy to move right in or personalize to your style. The partially finished basement includes a bonus room that can be used as a home office, workout space, or extra storage. Outside, you will find a large backyard with a detached garage and plenty of space for parking, storage, or entertaining.

27. 2025-11-21
    soldstatus $33,500 Closed 834-char remark

    Show marketing remark (834 chars)

    NO SHOWINGS WITHOUT ACCEPTED OFFER: ATTENTION INVESTORS! This house is amazing! Completely Livable in need of upgrades. The house offers 552 square feet of living space, featuring 2 bedrooms and 1 bathroom. It is situated on a 3,310-square-foot lot. The rental estimate $800-$1000 per month. Notably, the home includes a third bedroom located in the basement and a two-car garage. Its location provides convenient access to schools, churches, shopping centers, restaurants, bars, and public transportation. New weather treated porch, new mechanicals. There is a patch on the roof that needs shingles. The seller has the repair documents from all mechanical and roof inspection. This is a perfect home for the first time home owner. Owner has DTE service contract. NOTE: THIS IS SUBJECT TO THE RELEASE OF A PREVIOUS PURCHASE AGREEMENT.

28. 2025-11-21
    soldstatus $33,500 Closed

    Show marketing remark (834 chars)

    NO SHOWINGS WITHOUT ACCEPTED OFFER: ATTENTION INVESTORS! This house is amazing! Completely Livable in need of upgrades. The house offers 552 square feet of living space, featuring 2 bedrooms and 1 bathroom. It is situated on a 3,310-square-foot lot. The rental estimate $800-$1000 per month. Notably, the home includes a third bedroom located in the basement and a two-car garage. Its location provides convenient access to schools, churches, shopping centers, restaurants, bars, and public transportation. New weather treated porch, new mechanicals. There is a patch on the roof that needs shingles. The seller has the repair documents from all mechanical and roof inspection. This is a perfect home for the first time home owner. Owner has DTE service contract. NOTE: THIS IS SUBJECT TO THE RELEASE OF A PREVIOUS PURCHASE AGREEMENT.

29. 2025-11-12
    status Pending

    Show marketing remark (834 chars)

    NO SHOWINGS WITHOUT ACCEPTED OFFER: ATTENTION INVESTORS! This house is amazing! Completely Livable in need of upgrades. The house offers 552 square feet of living space, featuring 2 bedrooms and 1 bathroom. It is situated on a 3,310-square-foot lot. The rental estimate $800-$1000 per month. Notably, the home includes a third bedroom located in the basement and a two-car garage. Its location provides convenient access to schools, churches, shopping centers, restaurants, bars, and public transportation. New weather treated porch, new mechanicals. There is a patch on the roof that needs shingles. The seller has the repair documents from all mechanical and roof inspection. This is a perfect home for the first time home owner. Owner has DTE service contract. NOTE: THIS IS SUBJECT TO THE RELEASE OF A PREVIOUS PURCHASE AGREEMENT.

30. 2025-11-12
    status Pending 834-char remark

    Show marketing remark (834 chars)

    NO SHOWINGS WITHOUT ACCEPTED OFFER: ATTENTION INVESTORS! This house is amazing! Completely Livable in need of upgrades. The house offers 552 square feet of living space, featuring 2 bedrooms and 1 bathroom. It is situated on a 3,310-square-foot lot. The rental estimate $800-$1000 per month. Notably, the home includes a third bedroom located in the basement and a two-car garage. Its location provides convenient access to schools, churches, shopping centers, restaurants, bars, and public transportation. New weather treated porch, new mechanicals. There is a patch on the roof that needs shingles. The seller has the repair documents from all mechanical and roof inspection. This is a perfect home for the first time home owner. Owner has DTE service contract. NOTE: THIS IS SUBJECT TO THE RELEASE OF A PREVIOUS PURCHASE AGREEMENT.

31. 2025-10-21
    historical Accepting Backup Offers

    Show marketing remark (834 chars)

    NO SHOWINGS WITHOUT ACCEPTED OFFER: ATTENTION INVESTORS! This house is amazing! Completely Livable in need of upgrades. The house offers 552 square feet of living space, featuring 2 bedrooms and 1 bathroom. It is situated on a 3,310-square-foot lot. The rental estimate $800-$1000 per month. Notably, the home includes a third bedroom located in the basement and a two-car garage. Its location provides convenient access to schools, churches, shopping centers, restaurants, bars, and public transportation. New weather treated porch, new mechanicals. There is a patch on the roof that needs shingles. The seller has the repair documents from all mechanical and roof inspection. This is a perfect home for the first time home owner. Owner has DTE service contract. NOTE: THIS IS SUBJECT TO THE RELEASE OF A PREVIOUS PURCHASE AGREEMENT.

32. 2025-10-21
    historical Active Under Contract 834-char remark

    Show marketing remark (834 chars)

    NO SHOWINGS WITHOUT ACCEPTED OFFER: ATTENTION INVESTORS! This house is amazing! Completely Livable in need of upgrades. The house offers 552 square feet of living space, featuring 2 bedrooms and 1 bathroom. It is situated on a 3,310-square-foot lot. The rental estimate $800-$1000 per month. Notably, the home includes a third bedroom located in the basement and a two-car garage. Its location provides convenient access to schools, churches, shopping centers, restaurants, bars, and public transportation. New weather treated porch, new mechanicals. There is a patch on the roof that needs shingles. The seller has the repair documents from all mechanical and roof inspection. This is a perfect home for the first time home owner. Owner has DTE service contract. NOTE: THIS IS SUBJECT TO THE RELEASE OF A PREVIOUS PURCHASE AGREEMENT.

33. 2025-09-30
    price $39,999
34. 2025-09-29
    price $39,999 834-char remark

    Show marketing remark (834 chars)

    NO SHOWINGS WITHOUT ACCEPTED OFFER: ATTENTION INVESTORS! This house is amazing! Completely Livable in need of upgrades. The house offers 552 square feet of living space, featuring 2 bedrooms and 1 bathroom. It is situated on a 3,310-square-foot lot. The rental estimate $800-$1000 per month. Notably, the home includes a third bedroom located in the basement and a two-car garage. Its location provides convenient access to schools, churches, shopping centers, restaurants, bars, and public transportation. New weather treated porch, new mechanicals. There is a patch on the roof that needs shingles. The seller has the repair documents from all mechanical and roof inspection. This is a perfect home for the first time home owner. Owner has DTE service contract. NOTE: THIS IS SUBJECT TO THE RELEASE OF A PREVIOUS PURCHASE AGREEMENT.

35. 2025-08-25
    price $54,999
36. 2025-08-24
    price $54,999 834-char remark

    Show marketing remark (834 chars)

    NO SHOWINGS WITHOUT ACCEPTED OFFER: ATTENTION INVESTORS! This house is amazing! Completely Livable in need of upgrades. The house offers 552 square feet of living space, featuring 2 bedrooms and 1 bathroom. It is situated on a 3,310-square-foot lot. The rental estimate $800-$1000 per month. Notably, the home includes a third bedroom located in the basement and a two-car garage. Its location provides convenient access to schools, churches, shopping centers, restaurants, bars, and public transportation. New weather treated porch, new mechanicals. There is a patch on the roof that needs shingles. The seller has the repair documents from all mechanical and roof inspection. This is a perfect home for the first time home owner. Owner has DTE service contract. NOTE: THIS IS SUBJECT TO THE RELEASE OF A PREVIOUS PURCHASE AGREEMENT.

37. 2025-05-29
    price $59,900
38. 2025-05-28
    price $59,900 834-char remark

    Show marketing remark (834 chars)

    NO SHOWINGS WITHOUT ACCEPTED OFFER: ATTENTION INVESTORS! This house is amazing! Completely Livable in need of upgrades. The house offers 552 square feet of living space, featuring 2 bedrooms and 1 bathroom. It is situated on a 3,310-square-foot lot. The rental estimate $800-$1000 per month. Notably, the home includes a third bedroom located in the basement and a two-car garage. Its location provides convenient access to schools, churches, shopping centers, restaurants, bars, and public transportation. New weather treated porch, new mechanicals. There is a patch on the roof that needs shingles. The seller has the repair documents from all mechanical and roof inspection. This is a perfect home for the first time home owner. Owner has DTE service contract. NOTE: THIS IS SUBJECT TO THE RELEASE OF A PREVIOUS PURCHASE AGREEMENT.

39. 2025-05-13
    price $61,900
40. 2025-05-12
    price $61,900 834-char remark

    Show marketing remark (834 chars)

    NO SHOWINGS WITHOUT ACCEPTED OFFER: ATTENTION INVESTORS! This house is amazing! Completely Livable in need of upgrades. The house offers 552 square feet of living space, featuring 2 bedrooms and 1 bathroom. It is situated on a 3,310-square-foot lot. The rental estimate $800-$1000 per month. Notably, the home includes a third bedroom located in the basement and a two-car garage. Its location provides convenient access to schools, churches, shopping centers, restaurants, bars, and public transportation. New weather treated porch, new mechanicals. There is a patch on the roof that needs shingles. The seller has the repair documents from all mechanical and roof inspection. This is a perfect home for the first time home owner. Owner has DTE service contract. NOTE: THIS IS SUBJECT TO THE RELEASE OF A PREVIOUS PURCHASE AGREEMENT.

41. 2025-05-01
    listed $70,000 Active 834-char remark

    Show marketing remark (834 chars)

    NO SHOWINGS WITHOUT ACCEPTED OFFER: ATTENTION INVESTORS! This house is amazing! Completely Livable in need of upgrades. The house offers 552 square feet of living space, featuring 2 bedrooms and 1 bathroom. It is situated on a 3,310-square-foot lot. The rental estimate $800-$1000 per month. Notably, the home includes a third bedroom located in the basement and a two-car garage. Its location provides convenient access to schools, churches, shopping centers, restaurants, bars, and public transportation. New weather treated porch, new mechanicals. There is a patch on the roof that needs shingles. The seller has the repair documents from all mechanical and roof inspection. This is a perfect home for the first time home owner. Owner has DTE service contract. NOTE: THIS IS SUBJECT TO THE RELEASE OF A PREVIOUS PURCHASE AGREEMENT.

42. 2025-05-01
    listed $70,000 Active

    Show marketing remark (834 chars)

    NO SHOWINGS WITHOUT ACCEPTED OFFER: ATTENTION INVESTORS! This house is amazing! Completely Livable in need of upgrades. The house offers 552 square feet of living space, featuring 2 bedrooms and 1 bathroom. It is situated on a 3,310-square-foot lot. The rental estimate $800-$1000 per month. Notably, the home includes a third bedroom located in the basement and a two-car garage. Its location provides convenient access to schools, churches, shopping centers, restaurants, bars, and public transportation. New weather treated porch, new mechanicals. There is a patch on the roof that needs shingles. The seller has the repair documents from all mechanical and roof inspection. This is a perfect home for the first time home owner. Owner has DTE service contract. NOTE: THIS IS SUBJECT TO THE RELEASE OF A PREVIOUS PURCHASE AGREEMENT.

ⓘ 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: $571 · $48/mo
• Projected year-2 tax: $998 · $83/mo
• Expected delta: +$427/yr (+$36/mo · 74.8%)

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

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 47% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,141
• − Mortgage interest: −$5,181
• − Property taxes: −$571
• − Insurance: −$462
• − Repairs & maintenance: −$971
• − Management: −$971
• − Depreciation: −$2,691
• Taxable income: $1,293
• Est. tax owed @ 24.0%: −$310
• After-tax cash flow: $2,427/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: Ecorse Public Schools
• NCES district ID: 2612930
• Math proficiency: 3% ▼ -4.00%
• Reading proficiency: 7% ▼ -6.00%
• Median HH income: $28,957
• Composite: 3.46/100
• National rank: #10075
• State rank: #536 of 540 in MI

Livability — Ecorse

• Score: 69/100
• State rank: #348
• US rank: #8880

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ecorse, MI
• City population: 9,166
• Population (ZIP): 9,166

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: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: Black 45% White 26% Hispanic / Latino 21% Two or more races 15% Native American 4%
• Hispanic origin (detail): Mexican 18% Puerto Rican 1%
• Common ancestry: Lithuanian 3% Romanian 2% Slovak 1%
• Foreign-born: 4% · Canada, Guatemala, Jamaica
• Languages at home: 86% English-only · Spanish 13%

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: ▲ 102.51%
• Current HPI: 404.5927
• 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

-98.4% since first listed

28 events — show timeline

• 2026-04-30 Relisted — MiRealSource-MiMLS
• 2026-04-30 Relisted — REALCOMP
• 2026-04-20 Pending — MiRealSource-MiMLS
• 2026-04-20 Pending — REALCOMP
• 2026-04-19 Rental Removed $1,100 RENTSPREE
• 2026-04-15 Listed for Rent $1,100 RENTSPREE
• 2026-04-14 Rental Removed $1,100 REALSOURCE
• 2026-03-11 Listed for Rent $1,100 REALSOURCE
• 2026-02-24 Relisted — REALCOMP
• 2026-02-23 Listing Removed — REALCOMP
• 2026-02-13 Listed $97,000 REALCOMP
• 2026-02-13 Listed $97,000 MiRealSource-MiMLS
• 2025-11-21 Sold (MLS) $33,500 MiRealSource-MiMLS
• 2025-11-21 Sold (MLS) $33,500 REALCOMP
• 2025-11-12 Pending — MiRealSource-MiMLS
• 2025-11-12 Pending — REALCOMP
• 2025-10-21 Contingent — MiRealSource-MiMLS
• 2025-10-21 Contingent — REALCOMP
• 2025-09-30 Price Changed $39,999 MiRealSource-MiMLS
• 2025-09-29 Price Changed $39,999 REALCOMP
• 2025-08-25 Price Changed $54,999 MiRealSource-MiMLS
• 2025-08-24 Price Changed $54,999 REALCOMP
• 2025-05-29 Price Changed $59,900 MiRealSource-MiMLS
• 2025-05-28 Price Changed $59,900 REALCOMP
• 2025-05-13 Price Changed $61,900 MiRealSource-MiMLS
• 2025-05-12 Price Changed $61,900 REALCOMP
• 2025-05-01 Listed $70,000 REALCOMP
• 2025-05-01 Listed $70,000 MiRealSource-MiMLS

Property tax history

-8.7%/yr

Latest (2025): $571 · -48.1% YoY. Source: county tax records.