19161 Birwood St · Detroit, MI 48221

$124,900

3 bd · 1.0 ba · 976 sqft · SingleFamily public records · 4 Days on market

Built 1942 5,227 sqft lot

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +23.8/30.0
• DSCR +7.7/10.0
• ARV discount +7.5/15.0
• 1% rule +5.9/10.0
• Livability +3.7/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this classic 3-bedroom, 1.5-bath bungalow nestled in a quiet Detroit neighborhood! This inviting home blends timeless character with practical living space, making it perfect for first-time buyers, investors, or anyone looking for a cozy place to call home. Step inside to find a bright and welcoming living area with plenty of natural light. The functional layout features three comfortable bedrooms, 1.5 bathrooms, and a spacious kitchen with ample cabinet and counter space - perfect for everyday living or entertaining. The full basement offers endless possibilities! Use it for storage, a home gym, workshop, or finish it to create additional living space. Outside, enjoy a manageable yard ideal for relaxing, gardening, or summer gatherings. With easy access to major roads, shopping, and local amenities, this home offers both convenience and value. BATVAI

Key facts

• Manageable yard
• Spacious kitchen
• Natural light

Tags

• FULL BASEMENT
• MANAGEABLE YARD
• SPACIOUS KITCHEN
• NATURAL LIGHT
• QUIET NEIGHBORHOOD

Property features AI

Exterior

• Parking: Detached 1-car garage; Paved road access
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One and one-half story; Ground-level entry with steps; Brick construction
• Construction: Asphalt roof; Block foundation
• Exterior features: Covered patio and porch; Porch

Interior

• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Forced air heating (natural gas); No central air cooling
• Interior features: Gas water heater; Living room fireplace; Full, partially finished basement; 6 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $240 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).

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 (+3.4%/yr); 349 active listings in the ZIP; 28 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 $864 of loan paydown is wiped out by about $4k 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

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 12 sale attempts since 22y 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.
• Current owner paid $60k; list at $125k implies a 108% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1942 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $124,900

Questions for the listing agent

1. Built in 1942 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 8.60%
• Cash-on-cash: 8.23%
• DSCR: 1.37
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $78,080
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
19161 Meyers Rd	0.28mi	2/1.0 (-1)	894 (-8%)	3mo	$87,500	$98	66
19159 Meyers Rd	0.28mi	2/1.0 (-1)	1,094 (+12%)	3mo	$87,500	$80	60
20203 Monte Vista St	0.71mi	3/1.0	1,000 (+2%)	4mo	$75,000	$75	59
20145 Kentucky St	0.70mi	3/1.0	949 (-3%)	5mo	$97,000	$102	59
20018 Wyoming Ave	0.60mi	3/1.0	1,043 (+7%)	4mo	$66,500	$64	58
19439 Wyoming Ave	0.32mi	2/1.0 (-1)	870 (-11%)	6mo	$65,000	$75	57
19929 Monte Vista St	0.49mi	3/1.0	860 (-12%)	2mo	$75,000	$87	56
18081 Meyers Rd	0.67mi	2/1.5 (-1)	946 (-3%)	6mo	$75,000	$79	52
18000 Ilene St	0.70mi	3/2.0	1,057 (+8%)	2mo	$135,000	$128	48
20047 Monte Vista St	0.61mi	2/1.5 (-1)	877 (-10%)	1mo	$69,999	$80	47
19985 Meyers Rd	0.59mi	2/1.0 (-1)	844 (-14%)	2mo	$51,900	$61	44
20218 Monte Vista St	0.72mi	3/2.0	860 (-12%)	1mo	$37,000	$43	41

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 · 3.44% rent growth · sell at horizon

5-year hold

• IRR: -3.3%
• Equity multiple: 0.88×
• Total profit: $-4,353
• Equity at exit: $18,623

10-year hold

• IRR: 6.9%
• Equity multiple: 1.53×
• Total profit: $18,389
• Equity at exit: $10,799

Cash invested: $34,972 (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 48221

• Rents YoY: 3.4%
• Active inventory: 349
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,357 high
• Mortgage (P&I): −$655
• Tax from tax record: −$125 /mo · $1,497/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$285
• Net cashflow: $240

Break-even live

Break-even rent $1,053

Max offer price $124,900

Occupancy floor 77%

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
18675 Meyers Rd Unit 18677 Detroit, MI	2.0	1.0	942	$1,100	$1.17	44d	1	0.33mi
19929 Monte Vista St Detroit, MI	3.0	1.0	860	$1,450	$1.69	17d	1	0.51mi
20032 Monte Vista St Detroit, MI	3.0	1.0	1000	$1,294	$1.29	20d	1	0.60mi
20122 Manor St Detroit, MI	3.0	1.0	1028	$1,200	$1.17	44d	1	0.66mi
20009 Wisconsin St Detroit, MI	3.0	1.5	1051	$1,400	$1.33	17d	1	0.69mi
20245 Manor Detroit, MI	3.0	1.0	1018	$1,400	$1.38	3d	1	0.78mi
19474 Schaefer Hwy Detroit, MI	2.0	1.0	896	$1,075	$1.20	5d	1	0.78mi
20185 Indiana St Detroit, MI	2.0	1.5	1096	$1,275	$1.16	44d	1	0.78mi
18512 Schaefer Hwy Detroit, MI	2.0	1.0	962	$1,200	$1.25	24d	1	0.79mi
20429 Monte Vista St Detroit, MI	3.0	1.0	872	$1,300	$1.49	17d	1	0.82mi
20460 Griggs St Detroit, MI	2.0	1.0	910	$1,100	$1.21	17d	1	0.84mi
20445 Kentucky St Detroit, MI	3.0	1.0	1046	$1,200	$1.15	24d	1	0.87mi
20110 Northlawn St Detroit, MI	3.0	1.0	1100	$1,350	$1.23	17d	1	0.87mi
20515 Ilene St Detroit, MI	3.0	1.0	891	$1,450	$1.63	44d	1	0.89mi
20458 Indiana St Detroit, MI	3.0	1.0	1049	$1,300	$1.24	18d	1	0.92mi
20045 Greenlawn St Detroit, MI	3.0	1.0	925	$1,350	$1.46	44d	1	0.92mi
17150 Meyers Rd Detroit, MI	1.0–2.0	1.0	775	$975	$1.26	44d	2	0.98mi
18010 Lesure St Detroit, MI	3.0	1.0	1010	$1,550	$1.53	24d	1	1.07mi
17159 Northlawn St Unit 17161 Detroit, MI	2.0	1.0	1122	$975	$0.87	5d	1	1.15mi
19031 Livernois Unit F Detroit, MI	2.0	2.0	1100	$2,135	$1.94	44d	1	1.24mi
20038 Santa Rosa Dr Detroit, MI	3.0	1.0	927	$1,300	$1.40	17d	1	1.29mi
17551 Santa Rosa Dr Detroit, MI	2.0	1.0	1036	$1,095	$1.06	44d	1	1.36mi
21374 Ithaca Ave Ferndale, MI	3.0	1.0	996	$1,775	$1.78	24d	1	1.37mi
16503 Ward Ave Unit 2 Detroit, MI	2.0	1.0	700	$850	$1.21	44d	1	1.45mi
16230 Indiana St Unit 2 Detroit, MI	2.0	1.0	1050	$1,200	$1.14	18d	1	1.47mi
17147 Monica St Unit 2 1 Detroit, MI	2.0	1.0	900	$975	$1.08	24d	1	1.47mi
16204 Steel St Detroit, MI	3.0	1.0	969	$1,150	$1.19	44d	1	1.47mi
16722 Tuller St Detroit, MI	3.0	1.5	1100	$1,500	$1.36	17d	1	1.48mi

Listing history 3 events

1. 2026-06-13
   statusdays on market $124,900 Pending 4 DOM
2. 2026-06-08
   remarks 693-char remark

   Show marketing remark (879 chars)

   Welcome home to this classic 3-bedroom, 1.5-bath bungalow nestled in a quiet Detroit neighborhood! This inviting home blends timeless character with practical living space, making it perfect for first-time buyers, investors, or anyone looking for a cozy place to call home. Step inside to find a bright and welcoming living area with plenty of natural light. The functional layout features three comfortable bedrooms, 1.5 bathrooms, and a spacious kitchen with ample cabinet and counter space - perfect for everyday living or entertaining. The full basement offers endless possibilities! Use it for storage, a home gym, workshop, or finish it to create additional living space. Outside, enjoy a manageable yard ideal for relaxing, gardening, or summer gatherings. With easy access to major roads, shopping, and local amenities, this home offers both convenience and value. BATVAI

3. 2026-06-08
   listed $124,900 Active 1 DOM

   Show marketing remark (879 chars)

   Welcome home to this classic 3-bedroom, 1.5-bath bungalow nestled in a quiet Detroit neighborhood! This inviting home blends timeless character with practical living space, making it perfect for first-time buyers, investors, or anyone looking for a cozy place to call home. Step inside to find a bright and welcoming living area with plenty of natural light. The functional layout features three comfortable bedrooms, 1.5 bathrooms, and a spacious kitchen with ample cabinet and counter space - perfect for everyday living or entertaining. The full basement offers endless possibilities! Use it for storage, a home gym, workshop, or finish it to create additional living space. Outside, enjoy a manageable yard ideal for relaxing, gardening, or summer gatherings. With easy access to major roads, shopping, and local amenities, this home offers both convenience and value. BATVAI

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $1,497 · $125/mo
• Projected year-2 tax: $1,710 · $143/mo
• Expected delta: +$213/yr (+$18/mo · 14.2%)

ⓘ 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 ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,279
• − Mortgage interest: −$6,996
• − Property taxes: −$1,497
• − Insurance: −$624
• − Repairs & maintenance: −$1,302
• − Management: −$1,302
• − Depreciation: −$3,633
• Taxable income: $923
• Est. tax owed @ 24.0%: −$222
• After-tax cash flow: $2,658/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
• County: Wayne County · 1,562,939 people
• City population: 572,865
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 41,392
• Household income: $57,878
• Rent vs Own: 34.0% rent · 66.0% own
• Severe rent burden: 1646.0

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: Predominantly Black (85%)
• Race & ethnicity: Black 85% White 8% Two or more races 4% Asian 1%
• Common ancestry: Romanian 1% Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 1% Other Indo-European 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: ▼ -433.14%
• Current HPI: 280.5434
• Rent YoY: ▲ 3.44%
• 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

+212.2% since first listed

25 events — show timeline

• 2026-06-08 Listed $124,900 MiRealSource-MiMLS
• 2026-06-08 Listed $124,900 REALCOMP
• 2007-07-12 Sold (MLS) $60,000 MiRealSource-MiMLS
• 2007-07-12 Sold (MLS) $60,000 REALCOMP
• 2007-06-27 Listing Removed — REALCOMP
• 2007-06-27 Listed $54,900 REALCOMP
• 2007-06-19 Listing Removed — MiRealSource-MiMLS
• 2007-05-21 Listing Removed — REALCOMP
• 2007-05-21 Listed $54,900 REALCOMP
• 2007-04-30 Listing Removed — REALCOMP
• 2007-04-30 Listed $59,900 REALCOMP
• 2007-03-15 Listing Removed — REALCOMP
• 2007-03-15 Listed $65,000 REALCOMP
• 2007-02-26 Listing Removed — REALCOMP
• 2007-02-26 Listed $70,000 REALCOMP
• 2007-02-05 Listed $75,000 REALCOMP
• 2007-02-05 Listed $54,900 MiRealSource-MiMLS
• 2005-12-21 Sold (Public Records) $140,000 Public Records
• 2005-09-20 Sold (MLS) $145,000 REALCOMP
• 2005-09-12 Listed $145,000 REALCOMP
• 2005-09-09 Listing Removed — REALCOMP
• 2005-05-17 Listed $127,900 REALCOMP
• 2005-03-05 Listing Removed — REALCOMP
• 2004-11-11 Listed $119,000 REALCOMP
• 2002-05-22 Sold (Public Records) $40,000 Public Records

Property tax history

-3.8%/yr

Latest (2025): $1,497 · +0.1% YoY. Source: county tax records.