5056 Lafontaine St · Detroit, MI 48236

$84,900

3 bd · 1.0 ba · 799 sqft · SingleFamily public records · 117 Days on market

Built 1926 5,227 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

Key facts

• Hardwood flooring
• Shed for storage
• Firepit

Tags

• HARDWOOD FLOORING
• UPDATED KITCHEN
• UPDATED BATHROOM
• FENCED YARD
• FIREPIT
• SHED FOR STORAGE

Property features AI

Finance

• HOA & community: Homeowners association present

Exterior

• Parking: Paved parking
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One story
• Construction: Aluminum siding; Vinyl siding; Crawl space foundation
• Exterior features: Garden; Porch; Fenced yard; Public maintained road

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Oven; Range; Refrigerator; Gas water heater
• Bedrooms: 5 total rooms
• Flooring: Hardwood flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); Ceiling fan cooling
• Interior features: Eat-in kitchen; Window treatments

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $472 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $77k (9.0% below list) — sets the bar for market timing.
• Cap rate 13.0% vs local median 10.2% in Detroit — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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: 159 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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

• Local home prices are declining (-3.0%/yr); year-one equity from $587 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $24k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 117 days — a 9% lower offer ($77k) is reasonable based on typical stale-listing flexibility.
• 18 sale attempts since 23y ago; this cycle's ask is 21% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $28k; list at $85k implies a 209% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $77,259 (9.0% below list)

Questions for the listing agent

1. It's been on market 117 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 1926 — 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: 1.51% ✓
• Cap rate: 12.96%
• Cash-on-cash: 23.82%
• DSCR: 2.06
• GRM: 5.5

CMA / ARV

• ARV (on-the-fly): $54,332
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5007 Ashley St	0.04mi	2/1.0 (-1)	817 (+2%)	2mo	$30,000	$37	87
5203 Marseilles St	0.45mi	3/1.0	816 (+2%)	7mo	$77,500	$95	70
4481 Radnor St	0.50mi	2/1.0 (-1)	792 (-1%)	5mo	$32,000	$40	66
4607 Radnor St	0.42mi	2/1.0 (-1)	731 (-8%)	2mo	$50,000	$68	60
21719 Moross Rd	0.54mi	2/1.0 (-1)	810 (+1%)	10mo	$65,000	$80	59
4138 University Pl	0.73mi	3/1.0	780 (-2%)	7mo	$77,500	$99	56
5243 Neff Ave	0.66mi	2/1.0 (-1)	816 (+2%)	7mo	$85,000	$104	55
5745 Marseilles St	0.54mi	2/1.0 (-1)	835 (+4%)	10mo	$46,000	$55	54
5290 University Pl	0.49mi	2/1.0 (-1)	721 (-10%)	5mo	$60,000	$83	51
5298 Neff Ave	0.64mi	2/1.0 (-1)	720 (-10%)	2mo	$46,000	$64	47
6156 Lodewyck St	0.67mi	3/1.0	900 (+13%)	1mo	$51,000	$57	47
5251 Neff Ave	0.66mi	2/1.0 (-1)	720 (-10%)	2mo	$46,000	$64	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 17.0%
• Equity multiple: 1.69×
• Total profit: $16,290
• Equity at exit: $12,659

10-year hold

• IRR: 25.5%
• Equity multiple: 3.22×
• Total profit: $52,853
• Equity at exit: $7,341

Cash invested: $23,772 (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 48236

• Active inventory: 159
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $1,283 high
• Mortgage (P&I): −$445
• Tax from tax record: −$61 /mo · $729/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$269
• Net cashflow: $472

Break-even live

Break-even rent $685

Max offer price $84,900

Occupancy floor 58%

Sensitivity live

Price	-10% $520	-5% $496	+0% $472	+5% $448	+10% $424
Rent	-10% $371	-5% $421	+0% $472	+5% $523	+10% $573
Rate	-1.0pp $515	-0.5pp $494	base $472	+0.5pp $450	+1.0pp $428

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: $21,225
• Closing costs: $2,547
• Reserves months: —
• Total cash needed: —

Rent comps 32 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
22148 Moross Rd Grosse Pointe, MI	2.0	1.0	819	$1,250	$1.53	18d	1	0.28mi
22148 Moross Rd Grosse Pointe, MI	2.0	1.0	819	$1,250	$1.53	3d	1	0.28mi
22144 Moross Rd Grosse Pointe, MI	2.0	1.0	819	$1,350	$1.65	3d	1	0.29mi
22144 Moross Rd Grosse Pointe, MI	2.0	1.0	819	$1,350	$1.65	18d	1	0.29mi
5915 Farmbrook St Detroit, MI	3.0	1.5	1000	$1,250	$1.25	25d	1	0.51mi
5786 Neff Ave Detroit, MI	3.0	1.5	1100	$1,225	$1.11	17d	1	0.70mi
6175 Marseilles St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	44d	1	0.71mi
6301 Lodewyck St Detroit, MI	3.0	1.0	1084	$1,300	$1.20	13d	1	0.73mi
21401 Kingsville St Harper Woods, MI	2.0	1.0	944	$1,200	$1.27	25d	1	0.74mi
17720 Chester St Detroit, MI	2.0	1.0	986	$1,250	$1.27	44d	1	0.84mi
17710 Chester St Detroit, MI	2.0	1.0	984	$1,250	$1.27	44d	1	0.84mi
6181 Neff Ave Detroit, MI	3.0	1.0	1102	$1,299	$1.18	18d	1	0.86mi
5955 Guilford St Detroit, MI	3.0	1.0	802	$1,400	$1.75	18d	1	0.88mi
6325 Neff Ave Detroit, MI	3.0	1.0	1000	$1,500	$1.50	3d	1	0.91mi
19203 Edgefield St Harper Woods, MI	2.0	1.0	1100	$1,100	$1.00	25d	1	0.92mi
17137 Ontario St Unit 1 Detroit, MI	2.0	1.0	982	$1,123	$1.14	25d	1	0.93mi
4865 Cadieux Rd Unit 11 Detroit, MI	2.0	1.0	630	$1,200	$1.90	44d	1	0.96mi
4837 Cadieux Rd Unit 9 Detroit, MI	2.0	1.0	650	$1,200	$1.85	44d	1	0.97mi
4811 Cadieux Rd Unit 11 Detroit, MI	2.0	1.0	663	$1,200	$1.81	22d	1	0.97mi
4811 Cadieux Rd Unit 10 Detroit, MI	2.0	1.0	663	$1,200	$1.81	44d	1	0.97mi
6304 Bluehill St Detroit, MI	3.0	1.0	1088	$1,500	$1.38	44d	1	1.00mi
890 Neff Rd Grosse Pointe, MI	2.0	1.0	1100	$2,000	$1.82	25d	1	1.13mi
10542 Lanark St Detroit, MI	3.0	1.0	1023	$1,250	$1.22	44d	1	1.15mi
5783 Yorkshire Rd Detroit, MI	2.0	1.0	1040	$1,200	$1.15	44d	1	1.22mi
20461 Kingsville St Harper Woods, MI	4.0	1.0	1100	$1,399	$1.27	15d	1	1.25mi
10985 Peerless St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	5d	1	1.39mi
10370 Britain St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	44d	1	1.43mi
10692 Meuse St Detroit, MI	3.0	1.0	955	$1,250	$1.31	13d	1	1.44mi
10400 Britain St Detroit, MI	3.0	1.0	890	$1,100	$1.24	44d	1	1.46mi
10037 Grayton St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	4d	1	1.46mi
10177 Boleyn St Detroit, MI	3.0	1.0	767	$1,250	$1.63	44d	1	1.48mi
19982 McCormick St Detroit, MI	3.0	1.0	866	$1,200	$1.39	4d	1	1.50mi

Listing history 50 events

1. 2026-06-04
   status $84,900 Pending 117 DOM
2. 2026-06-03
   days on market $84,900 Active 117 DOM
3. 2026-06-01
   days on market $84,900 Active 115 DOM
4. 2026-05-31
   days on market $84,900 Active 114 DOM
5. 2026-05-26
   status Active

   Show marketing remark (601 chars)

   Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

6. 2026-05-26
   status Active 601-char remark

   Show marketing remark (601 chars)

   Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

7. 2026-04-13
   historical 601-char remark

   Show marketing remark (601 chars)

   Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

8. 2026-04-07
   price $84,900 601-char remark

   Show marketing remark (601 chars)

   Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

9. 2026-04-07
   price $84,900

   Show marketing remark (601 chars)

   Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

10. 2026-03-31
    status Active
11. 2026-03-27
    historical
12. 2026-03-24
    price $89,900 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

13. 2026-03-24
    status Active

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

14. 2026-03-24
    price $89,900

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

15. 2026-03-24
    status Active 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

16. 2025-12-23
    historical 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

17. 2025-12-12
    price $79,900 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

18. 2025-12-12
    price $79,900

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

19. 2025-12-06
    price $80,000 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

20. 2025-12-05
    price $80,000
21. 2025-11-19
    price $84,900 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

22. 2025-11-19
    price $84,900

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

23. 2025-11-14
    price $89,900 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

24. 2025-11-13
    status Active

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

25. 2025-11-13
    price $89,900

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

26. 2025-11-13
    status Active 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

27. 2025-02-07
    historical

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

28. 2025-02-07
    historical 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

29. 2025-02-04
    status Active

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

30. 2025-02-04
    status Active 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

31. 2025-01-31
    price $60,000 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

32. 2025-01-31
    price $60,000

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

33. 2025-01-24
    historical Active Under Contract

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

34. 2025-01-24
    historical Accepting Backup Offers 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

35. 2025-01-17
    price $59,900 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

36. 2025-01-17
    price $59,900

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

37. 2025-01-08
    price $60,000 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

38. 2025-01-07
    price $60,000
39. 2024-12-03
    price $64,900 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

40. 2024-12-02
    status Active 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

41. 2024-11-25
    historical 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

42. 2024-11-23
    historical Accepting Backup Offers 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

43. 2024-11-10
    listed $64,900 Active

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

44. 2024-11-10
    listed $69,900 Active 601-char remark

    Show marketing remark (601 chars)

    Affordable living on Detroit's far east side. Charming Ranch style home with many updates and features including hardwood flooring in living room, updated kitchen with stylish backsplash, updated bathroom with newer fixtures, ceiling fan, canned lighting throughout: furnace, roof, water heater, and windows all newer. Good sized fenced yard with a firepit and a shed for storage, sitting area on porch with lots of potential for gardens and more. Mailing zip code is 48236, also for insurance. 1 year home warranty at close. All offers must have seen the property 1st. Located in the city of Detroit.

45. 2024-10-14
    historical
46. 2024-10-14
    historical
47. 2024-10-02
    price $74,900
48. 2024-09-28
    price $79,900
49. 2024-08-30
    price $82,900
50. 2024-08-30
    price $84,899

ⓘ 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: $729 · $61/mo
• Projected year-2 tax: $1,018 · $85/mo
• Expected delta: +$289/yr (+$24/mo · 39.7%)

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

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥96°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,391
• − Mortgage interest: −$4,756
• − Property taxes: −$729
• − Insurance: −$424
• − Repairs & maintenance: −$1,231
• − Management: −$1,231
• − Depreciation: −$2,470
• Taxable income: $4,550
• Est. tax owed @ 24.0%: −$1,092
• After-tax cash flow: $4,571/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

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Detroit, MI
• City population: 572,865
• Population (ZIP): 31,383

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: Predominantly White (82%)
• Race & ethnicity: White 82% Black 11% Two or more races 5% Asian 2% Hispanic / Latino 1%
• Common ancestry: Romanian 10% Lithuanian 5% Italian 4%
• Foreign-born: 7% · Canada
• Languages at home: 93% English-only · Other Indo-European 2% Arabic 2% Spanish 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: ▼ -285.11%
• Current HPI: 181.0475
• 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

+81.4% since first listed

60 events — show timeline

• 2026-05-26 Relisted — REALCOMP
• 2026-05-26 Relisted — MiRealSource-MiMLS
• 2026-04-13 Listing Removed — MiRealSource-MiMLS
• 2026-04-07 Price Changed $84,900 MiRealSource-MiMLS
• 2026-04-07 Price Changed $84,900 REALCOMP
• 2026-03-31 Relisted — REALCOMP
• 2026-03-27 Listing Removed — REALCOMP
• 2026-03-24 Price Changed $89,900 MiRealSource-MiMLS
• 2026-03-24 Relisted — REALCOMP
• 2026-03-24 Price Changed $89,900 REALCOMP
• 2026-03-24 Relisted — MiRealSource-MiMLS
• 2025-12-23 Listing Removed — MiRealSource-MiMLS
• 2025-12-12 Price Changed $79,900 MiRealSource-MiMLS
• 2025-12-12 Price Changed $79,900 REALCOMP
• 2025-12-06 Price Changed $80,000 MiRealSource-MiMLS
• 2025-12-05 Price Changed $80,000 REALCOMP
• 2025-11-19 Price Changed $84,900 MiRealSource-MiMLS
• 2025-11-19 Price Changed $84,900 REALCOMP
• 2025-11-14 Price Changed $89,900 MiRealSource-MiMLS
• 2025-11-13 Relisted — REALCOMP
• 2025-11-13 Price Changed $89,900 REALCOMP
• 2025-11-13 Relisted — MiRealSource-MiMLS
• 2025-02-07 Listing Removed — REALCOMP
• 2025-02-07 Listing Removed — MiRealSource-MiMLS
• 2025-02-04 Relisted — REALCOMP
• 2025-02-04 Relisted — MiRealSource-MiMLS
• 2025-01-31 Price Changed $60,000 MiRealSource-MiMLS
• 2025-01-31 Price Changed $60,000 REALCOMP
• 2025-01-24 Contingent — REALCOMP
• 2025-01-24 Contingent — MiRealSource-MiMLS
• 2025-01-17 Price Changed $59,900 MiRealSource-MiMLS
• 2025-01-17 Price Changed $59,900 REALCOMP
• 2025-01-08 Price Changed $60,000 MiRealSource-MiMLS
• 2025-01-07 Price Changed $60,000 REALCOMP
• 2024-12-03 Price Changed $64,900 MiRealSource-MiMLS
• 2024-12-02 Relisted — MiRealSource-MiMLS
• 2024-11-25 Listing Removed — MiRealSource-MiMLS
• 2024-11-23 Contingent — MiRealSource-MiMLS
• 2024-11-10 Listed $69,900 MiRealSource-MiMLS
• 2024-11-10 Listed $64,900 REALCOMP
• 2024-10-14 Listing Removed — REALCOMP
• 2024-10-14 Listing Removed — MiRealSource-MiMLS
• 2024-10-02 Price Changed $74,900 MiRealSource-MiMLS
• 2024-09-28 Price Changed $79,900 MiRealSource-MiMLS
• 2024-08-30 Price Changed $82,900 MiRealSource-MiMLS
• 2024-08-30 Price Changed $84,899 MiRealSource-MiMLS
• 2024-08-16 Price Changed $84,900 MiRealSource-MiMLS
• 2024-07-26 Price Changed $89,900 MiRealSource-MiMLS
• 2024-07-10 Price Changed $94,900 MiRealSource-MiMLS
• 2024-06-27 Listed $98,000 MiRealSource-MiMLS
• 2024-06-26 Coming Soon — MiRealSource-MiMLS
• 2024-06-26 Listed $74,900 REALCOMP
• 2004-08-23 Sold (MLS) $27,500 REALCOMP
• 2004-03-27 Listed $32,500 REALCOMP
• 2004-02-17 Listing Removed — REALCOMP
• 2003-10-11 Listing Removed — MiRealSource-MiMLS
• 2003-07-22 Listed $37,500 REALCOMP
• 2003-04-11 Listed $41,900 REALCOMP
• 2003-04-11 Listed $41,900 MiRealSource-MiMLS
• 2002-05-10 Sold (Public Records) $46,810 Public Records

Property tax history

-4.7%/yr

Latest (2025): $729 · -45.6% YoY. Source: county tax records.