11712 Beaverland · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 99°F)
- 7 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F 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 +8.8/15.0
- Cash flow +6.7/30.0
- Livability +3.7/5.0
- Rent growth +3.3/5.0
- Condition / age +2.5/5.0
- 1% rule +2.0/10.0
- Schools +1.3/10.0
- DSCR +1.0/10.0
- Appreciation +0.0/10.0
$175,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome Home! Super Clean & Updated 3 Bedroom Brick Bungalow. .. Nice Kitchen with Quartz Countertops. .. Stainless Steel Appliances. .. Updated Bathroom. .. Hardwood Floors. .. New Light Fixtures. .. Update Doors & Fixtures. .. Large Basement. .. Huge Yard. .. Detached Garage. .. New Roof. .. Updated Windows. .. Newer Furnace & AC. .. This Will Not Last Long. .. Schedule Your Showing Today!
Key facts
- Quartz countertops
- Large basement
- New light fixtures
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $175k.
Deal economics
- At list price, monthly cash flow is $-277 ($-3k/yr) — negative.
- To cash-flow at today's rent, offer at most $126k (28.0% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $122k (30.1% below list).
- Recommended offer: $122k (30.1% below list) — sets the bar for 1% rule.
- Cap rate 4.4% vs local median 10.1% in Detroit — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
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); 192 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 95% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 107 days — a 9% lower offer ($159k) is reasonable based on typical stale-listing flexibility.
- 11 sale attempts since 16y 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.
Questions for the listing agent
- 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?
- It's been on market 107 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
- Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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.
- 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.
- 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
- 0.70% ✗
- Cap rate
- 4.39%
- Cash-on-cash
- -6.79%
- DSCR
- 0.70
- GRM
- 11.9
CMA / ARV
- ARV (median comp)
- $180,123
- List price
- $175,000
- Delta
- -2.84%
- 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 |
|---|---|---|---|---|---|---|---|
| 11341 Chatham | 0.26mi | 3/1.0 | 890 (-7%) | 3mo | $95,000 | $107 | 74 |
| 11759 W Parkway St | 0.10mi | 3/1.0 | 1,037 (+8%) | 10mo | $175,000 | $169 | 73 |
| 13756 W Outer Dr | 0.22mi | 3/1.0 | 1,036 (+8%) | 5mo | $103,500 | $100 | 72 |
| 9938 Bramell | 0.41mi | 3/1.0 | 960 (+0%) | 10mo | $125,000 | $130 | 72 |
| 12723 Hazelton St | 0.54mi | 3/1.0 | 993 (+4%) | 3mo | $65,500 | $66 | 66 |
| 11302 Grayfield | 0.33mi | 3/1.5 | 1,033 (+8%) | 5mo | $90,000 | $87 | 66 |
| 9606 Chatham | 0.52mi | 2/1.0 (-1) | 912 (-5%) | 2mo | $65,000 | $71 | 61 |
| 9939 Appleton | 0.57mi | 3/1.0 | 926 (-3%) | 15mo | $132,000 | $143 | 55 |
| 12914 Hazelton St | 0.67mi | 3/1.5 | 889 (-7%) | 4mo | $55,125 | $62 | 51 |
| 12705 Beaverland St | 0.49mi | 3/1.5 | 1,092 (+14%) | 0mo | $63,000 | $58 | 51 |
| 9623 Beaverland St | 0.49mi | 3/1.0 | 1,100 (+15%) | 13mo | $158,500 | $144 | 41 |
| 22442 W Chicago St | 0.61mi | 2/1.5 (-1) | 1,038 (+8%) | 13mo | $58,000 | $56 | 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 · 3.25% rent growth · sell at horizon
- IRR
- -27.7%
- Equity multiple
- 0.07×
- Total profit
- $-45,675
- Equity at exit
- $26,093
- IRR
- -25.2%
- Equity multiple
- -0.25×
- Total profit
- $-61,086
- Equity at exit
- $15,131
Cash invested: $49,000 (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
ZIP-level market 48239
- Rents YoY
- 3.2%
- Active inventory
- 192
- Price-to-rent
- 11.9×
Monthly cashflow live
- Estimated rent
- $1,224 high interval (Pro) →
- Mortgage (P&I)
- −$918
- Tax from tax record
- −$253 /mo · $3,040/yr
- Insurance
- −$73
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$257
- Net cashflow
- $-277
Break-even live
Sensitivity live
| Price | -10% $-178 | -5% $-228 | +0% $-277 | +5% $-327 | +10% $-376 |
|---|---|---|---|---|---|
| Rent | -10% $-374 | -5% $-326 | +0% $-277 | +5% $-229 | +10% $-181 |
| Rate | -1.0pp $-189 | -0.5pp $-233 | base $-277 | +0.5pp $-323 | +1.0pp $-369 |
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
- $43,750
- Closing costs
- $5,250
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 23851 Fullerton Ave Detroit, MI | 1.0–2.0 | 1.0 | 700 | $999 | $1.43 | 45d | 1 | 0.68mi |
| 12850 Dolphin St Detroit, MI | 1.0–2.0 | 1.0 | 746 | $999 | $1.34 | 6d | 4 | 0.71mi |
| 12880 Dolson St Detroit, MI | 1.0–2.0 | 1.0 | 750 | $1,200 | $1.60 | 45d | 6 | 0.79mi |
| 12867 Westbrook St Detroit, MI | 2.0 | 1.0 | 736 | $1,050 | $1.43 | 45d | 1 | 0.95mi |
| 23610 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 0.98mi |
| 23626 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 0.98mi |
| 23614 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 0.99mi |
| 23618 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 0.99mi |
| 23622 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 0.99mi |
| 23602 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 0.99mi |
| 23606 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 0.99mi |
| 23630 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.00mi |
| 23636 Schoolcraft Rd Unit 109 Detroit, MI | 2.0 | 1.0 | 750 | $975 | $1.30 | 45d | 1 | 1.00mi |
| 23636 Schoolcraft Rd Apt 212 Detroit, MI | 2.0 | 1.0 | 750 | $985 | $1.31 | 45d | 1 | 1.00mi |
| 23634 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.00mi |
| 23636 Schoolcraft Rd Unit -209 Detroit, MI | 2.0 | 1.0 | 900 | $865 | $0.96 | 45d | 1 | 1.00mi |
| 23640 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.00mi |
| 23652 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 25d | 1 | 1.01mi |
| 23644 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.01mi |
| 23648 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 750 | $1,050 | $1.40 | 45d | 1 | 1.01mi |
| 14000 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.01mi |
| 23656 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.02mi |
| 14020 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.02mi |
| 14005 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.02mi |
| 14088 Riverview St Unit 208 Detroit, MI | 2.0 | 1.0 | 750 | $985 | $1.31 | 45d | 1 | 1.02mi |
| 14088 Riverview St Unit 108 Detroit, MI | 2.0 | 1.0 | 750 | $900 | $1.20 | 45d | 1 | 1.02mi |
| 14088 Riverview St Unit 207 Detroit, MI | 2.0 | 1.0 | 750 | $975 | $1.30 | 45d | 1 | 1.02mi |
| 14010 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.02mi |
| 14092 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.02mi |
| 14086 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $900 | $1.00 | 45d | 1 | 1.02mi |
| 14096 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $985 | $1.09 | 45d | 1 | 1.02mi |
| 23814 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.03mi |
| 23822 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.03mi |
| 23846 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.03mi |
| 23842 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 750 | $975 | $1.30 | 45d | 1 | 1.03mi |
| 23850 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 750 | $975 | $1.30 | 45d | 1 | 1.04mi |
| 23826 Schoolcraft Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.04mi |
| 14078 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.04mi |
| 14025 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.04mi |
| 14030 Riverview St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 1.04mi |
Listing history 35 events
-
2026-05-06historical Accepting Backup Offers 412-char remark
Show marketing remark (412 chars)
Welcome Home! Super Clean & Updated 3 Bedroom Brick Bungalow. .. Nice Kitchen with Quartz Countertops. .. Stainless Steel Appliances. .. Updated Bathroom. .. Hardwood Floors. .. New Light Fixtures. .. Update Doors & Fixtures. .. Large Basement. .. Huge Yard. .. Detached Garage. .. New Roof. .. Updated Windows. .. Newer Furnace & AC. .. This Will Not Last Long. .. Schedule Your Showing Today!
-
2026-05-06historical Active Under Contract 412-char remark
Show marketing remark (412 chars)
Welcome Home! Super Clean & Updated 3 Bedroom Brick Bungalow. .. Nice Kitchen with Quartz Countertops. .. Stainless Steel Appliances. .. Updated Bathroom. .. Hardwood Floors. .. New Light Fixtures. .. Update Doors & Fixtures. .. Large Basement. .. Huge Yard. .. Detached Garage. .. New Roof. .. Updated Windows. .. Newer Furnace & AC. .. This Will Not Last Long. .. Schedule Your Showing Today!
-
2026-04-07price $175,000 412-char remark
Show marketing remark (412 chars)
Welcome Home! Super Clean & Updated 3 Bedroom Brick Bungalow. .. Nice Kitchen with Quartz Countertops. .. Stainless Steel Appliances. .. Updated Bathroom. .. Hardwood Floors. .. New Light Fixtures. .. Update Doors & Fixtures. .. Large Basement. .. Huge Yard. .. Detached Garage. .. New Roof. .. Updated Windows. .. Newer Furnace & AC. .. This Will Not Last Long. .. Schedule Your Showing Today!
-
2026-04-07price $175,000 412-char remark
Show marketing remark (412 chars)
Welcome Home! Super Clean & Updated 3 Bedroom Brick Bungalow. .. Nice Kitchen with Quartz Countertops. .. Stainless Steel Appliances. .. Updated Bathroom. .. Hardwood Floors. .. New Light Fixtures. .. Update Doors & Fixtures. .. Large Basement. .. Huge Yard. .. Detached Garage. .. New Roof. .. Updated Windows. .. Newer Furnace & AC. .. This Will Not Last Long. .. Schedule Your Showing Today!
-
2026-03-17price $177,900 412-char remark
Show marketing remark (412 chars)
Welcome Home! Super Clean & Updated 3 Bedroom Brick Bungalow. .. Nice Kitchen with Quartz Countertops. .. Stainless Steel Appliances. .. Updated Bathroom. .. Hardwood Floors. .. New Light Fixtures. .. Update Doors & Fixtures. .. Large Basement. .. Huge Yard. .. Detached Garage. .. New Roof. .. Updated Windows. .. Newer Furnace & AC. .. This Will Not Last Long. .. Schedule Your Showing Today!
-
2026-03-16price $177,900 412-char remark
Show marketing remark (412 chars)
Welcome Home! Super Clean & Updated 3 Bedroom Brick Bungalow. .. Nice Kitchen with Quartz Countertops. .. Stainless Steel Appliances. .. Updated Bathroom. .. Hardwood Floors. .. New Light Fixtures. .. Update Doors & Fixtures. .. Large Basement. .. Huge Yard. .. Detached Garage. .. New Roof. .. Updated Windows. .. Newer Furnace & AC. .. This Will Not Last Long. .. Schedule Your Showing Today!
-
2026-02-03$179,900 Active 412-char remark
Show marketing remark (412 chars)
Welcome Home! Super Clean & Updated 3 Bedroom Brick Bungalow. .. Nice Kitchen with Quartz Countertops. .. Stainless Steel Appliances. .. Updated Bathroom. .. Hardwood Floors. .. New Light Fixtures. .. Update Doors & Fixtures. .. Large Basement. .. Huge Yard. .. Detached Garage. .. New Roof. .. Updated Windows. .. Newer Furnace & AC. .. This Will Not Last Long. .. Schedule Your Showing Today!
-
2026-02-03$179,900 Active 412-char remark
Show marketing remark (412 chars)
Welcome Home! Super Clean & Updated 3 Bedroom Brick Bungalow. .. Nice Kitchen with Quartz Countertops. .. Stainless Steel Appliances. .. Updated Bathroom. .. Hardwood Floors. .. New Light Fixtures. .. Update Doors & Fixtures. .. Large Basement. .. Huge Yard. .. Detached Garage. .. New Roof. .. Updated Windows. .. Newer Furnace & AC. .. This Will Not Last Long. .. Schedule Your Showing Today!
-
2025-12-18historical
-
2025-12-18historical
-
2025-11-04price $174,000
-
2025-11-03price $174,000
-
2025-11-03price $174,000
-
2025-10-12$179,000 Active
-
2025-10-12$179,000 Active
-
2024-06-24soldstatus $169,000 Sold
-
2024-06-24soldstatus $169,000 Closed
-
2024-06-10status Pending
-
2024-06-10status Pending
-
2024-05-24status Active
-
2024-05-24status Active
-
2024-05-21historical Accepting Backup Offers
-
2024-05-21historical Accepting Backup Offers
-
2024-05-10$169,000 Active
-
2024-05-10$169,000 Active
-
2024-04-01historical
-
2024-04-01historical
-
2024-02-14price $139,000
-
2024-02-13price $139,000
-
2024-01-19$149,000 Active
-
2024-01-19$149,000 Active
-
2010-11-26soldstatus $8,100
-
2010-05-28$17,000
-
2004-11-10soldstatus $100,000
-
1994-04-26soldstatus $36,000
ⓘ 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
- $3,040 · $253/mo
- Projected year-2 tax
- $3,040 · $253/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 ≥99°F today · 14 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $14,683
- − Mortgage interest
- −$9,803
- − Property taxes
- −$3,040
- − Insurance
- −$875
- − Repairs & maintenance
- −$1,175
- − Management
- −$1,175
- − Depreciation
- −$5,091
- Taxable loss
- −$6,475
- Est. tax savings @ 24.0%
- +$1,554
- After-tax cash flow
- $-1,774/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
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)
- 36,976
- Household income
- $71,151
- Rent vs Own
- Severe rent burden
- 1052.0
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 Black (58%)
- Race & ethnicity
- Black 58% White 34% Hispanic / Latino 4% Two or more races 4%
- Common ancestry
- Romanian 7% Slovak 2% Lithuanian 2%
- Foreign-born
- 2% · Canada
- Languages at home
- 96% English-only · Spanish 1% Other Indo-European 1% Arabic 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
- ▼ -202.97%
- Current HPI
- 236.1136
- 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
+386.1% since first listed35 events — show timeline
- 2026-05-06 Contingent — MiRealSource-MiMLS
- 2026-05-06 Contingent — REALCOMP
- 2026-04-07 Price Changed $175,000 MiRealSource-MiMLS
- 2026-04-07 Price Changed $175,000 REALCOMP
- 2026-03-17 Price Changed $177,900 MiRealSource-MiMLS
- 2026-03-16 Price Changed $177,900 REALCOMP
- 2026-02-03 Listed $179,900 REALCOMP
- 2026-02-03 Listed $179,900 MiRealSource-MiMLS
- 2025-12-18 Listing Removed — MiRealSource-MiMLS
- 2025-12-18 Listing Removed — REALCOMP
- 2025-11-04 Price Changed $174,000 MiRealSource-MiMLS
- 2025-11-03 Price Changed $174,000 REALCOMP
- 2025-11-03 Price Changed $174,000 SW Michigan MLS
- 2025-10-12 Listed $179,000 MiRealSource-MiMLS
- 2025-10-12 Listed $179,000 REALCOMP
- 2024-06-24 Sold (MLS) $169,000 MiRealSource-MiMLS
- 2024-06-24 Sold (MLS) $169,000 REALCOMP
- 2024-06-10 Pending — MiRealSource-MiMLS
- 2024-06-10 Pending — REALCOMP
- 2024-05-24 Relisted — MiRealSource-MiMLS
- 2024-05-24 Relisted — REALCOMP
- 2024-05-21 Contingent — REALCOMP
- 2024-05-21 Contingent — MiRealSource-MiMLS
- 2024-05-10 Listed $169,000 MiRealSource-MiMLS
- 2024-05-10 Listed $169,000 REALCOMP
- 2024-04-01 Listing Removed — MiRealSource-MiMLS
- 2024-04-01 Listing Removed — REALCOMP
- 2024-02-14 Price Changed $139,000 MiRealSource-MiMLS
- 2024-02-13 Price Changed $139,000 REALCOMP
- 2024-01-19 Listed $149,000 MiRealSource-MiMLS
- 2024-01-19 Listed $149,000 REALCOMP
- 2010-11-26 Sold (MLS) $8,100 REALCOMP
- 2010-05-28 Listed $17,000 REALCOMP
- 2004-11-10 Sold (Public Records) $100,000 Public Records
- 1994-04-26 Sold (Public Records) $36,000 Public Records
Property tax history
+5.6%/yrLatest (2025): $3,040 · -1.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…