23448 Easterling Ave · Hazel Park, MI
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- 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 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D+ 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 +15.8/30.0
- ARV discount +10.6/15.0
- DSCR +4.9/10.0
- 1% rule +4.5/10.0
- Livability +4.0/5.0
- Rent growth +3.2/5.0
- Condition / age +2.5/5.0
- Schools +1.4/10.0
- Appreciation +0.0/10.0
$169,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome home to the perfect first-time homebuyer opportunity, just steps from downtown Hazel Park and located just north of Nine Mile. This charming three-bedroom home is freshly painted in a modern gray and features hard-surface flooring, many newer windows, a new furnace 2025, new central air 2025. New Roof 2020, and great curb appeal with its brick facade. Enjoy a large backyard, along with both a front and back porch - perfect for relaxing or entertaining. With a park down the street, sidewalks throughout the neighborhood, and close proximity to the municipal building, police station, restaurants, and more, this home offers both convenience and comfort. Commuters will love the easy access to I-696 & I-75, making travel throughout Metro Detroit simple and efficient. Just minutes away, a growing downtown scene offers an exciting mix of progressive restaurants, shops, and local businesses that continue to energize the area. Hazel Park is an exciting, up-and-coming community and a wonderful place to put down roots. Don't wait. Homes like this, at this price point, do not come on the market often.
Key facts
- 4,792 sq ft lot
- Built 1959
- Listed 19 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $170k.
Deal economics
- At list price, monthly cash flow is $77 ($919/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $162k (4.9% below list).
- Recommended offer: $162k (4.9% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 81/100 on livability (#65 in MI, #1,385 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+.
- Hazel Park School District (suburban): math 10% / reading 24% proficiency, ranked #490 of 540 in MI (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Hoover Elementary School (math 8% / reading 12%, grade F, #1,277 of 1,397 statewide, top 93%, 266 students, 81% FRL); Hazel Park Junior High School (math 11% / reading 30%, grade F, #418 of 493 statewide, top 85%, 430 students, 78% FRL); Hazel Park High School (math 12% / reading 27%, grade F, #622 of 713 statewide, top 88%, 587 students, 73% FRL).
- Market conditions: Rents rising (+2.9%/yr); 141 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 2,614 units permitted in Oakland County in 2024 (721 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.
- Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 19 days — a 2% lower offer ($167k) is reasonable based on typical stale-listing flexibility.
- 19 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 $71k; list at $170k implies a 139% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- 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
- 0.95% ✗
- Cap rate
- 6.83%
- Cash-on-cash
- 1.93%
- DSCR
- 1.09
- GRM
- 8.8
CMA / ARV
- ARV (on-the-fly)
- $182,410
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 23448 Easterling Ave | 0.00mi | 3/1.0 | 1,000 (+1%) | 1mo | $169,405 | $169 | 97 |
| 23361 Hazelwood Ave | 0.15mi | 3/1.0 | 1,020 (+3%) | 2mo | $165,000 | $162 | 85 |
| 23384 Vassar Ave | 0.27mi | 3/1.0 | 940 (-5%) | 0mo | $212,000 | $226 | 80 |
| 23036 Couzens Ave | 0.45mi | 3/1.0 | 973 (-1%) | 1mo | $215,000 | $221 | 76 |
| 23345 Tawas Ave | 0.21mi | 2/1.0 (-1) | 930 (-6%) | 1mo | $118,000 | $127 | 75 |
| 23067 Hazelwood Ave | 0.28mi | 3/1.0 | 918 (-7%) | 1mo | $120,000 | $131 | 75 |
| 2171 Chestnut St | 0.61mi | 3/1.0 | 967 (-2%) | 2mo | $240,000 | $248 | 67 |
| 2105 Manatee Ave | 0.59mi | 3/1.0 | 961 (-2%) | 3mo | $200,000 | $208 | 66 |
| 352 E Goulson Ave | 0.44mi | 2/1.0 (-1) | 924 (-6%) | 2mo | $216,000 | $234 | 62 |
| 23392 Cayuga Ave | 0.31mi | 2/1.0 (-1) | 875 (-11%) | 1mo | $145,000 | $166 | 61 |
| 720 E Robert Ave | 0.57mi | 3/1.0 | 1,056 (+7%) | 2mo | $150,000 | $142 | 60 |
| 1004 E Otis Ave | 0.60mi | 3/1.0 | 1,072 (+9%) | 2mo | $198,000 | $185 | 56 |
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 · 2.9% rent growth · sell at horizon
- IRR
- -13.3%
- Equity multiple
- 0.52×
- Total profit
- $-22,776
- Equity at exit
- $25,333
- IRR
- -4.5%
- Equity multiple
- 0.70×
- Total profit
- $-14,054
- Equity at exit
- $14,690
Cash invested: $47,572 (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 48030
- Rents YoY
- 2.9%
- Active inventory
- 141
- Price-to-rent
- 8.8×
Monthly cashflow live
- Estimated rent
- $1,616 high interval (Pro) →
- Mortgage (P&I)
- −$891
- Tax from tax record
- −$238 /mo · $2,861/yr
- Insurance
- −$71
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$339
- Net cashflow
- $77
Break-even live
Sensitivity live
| Price | -10% $173 | -5% $125 | +0% $77 | +5% $28 | +10% $-20 |
|---|---|---|---|---|---|
| Rent | -10% $-51 | -5% $13 | +0% $77 | +5% $140 | +10% $204 |
| Rate | -1.0pp $162 | -0.5pp $120 | base $77 | +0.5pp $33 | +1.0pp $-12 |
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
- $42,475
- Closing costs
- $5,097
- 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 36 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 23773 Hazelwood Ave Hazel Park, MI | 2.0 | 1.0 | 671 | $1,400 | $2.09 | 14d | 1 | 0.17mi |
| 23345 Tawas Ave Hazel Park, MI | 3.0 | 1.0 | 1000 | $1,550 | $1.55 | 12d | 1 | 0.22mi |
| 23115 Tawas Ave Hazel Park, MI | 2.0 | 1.0 | 706 | $1,375 | $1.95 | 26d | 1 | 0.28mi |
| 1045 E Woodward Heights Blvd Hazel Park, MI | 1.0–2.0 | 1.0 | 715 | $1,209 | $1.69 | 26d | 3 | 0.43mi |
| 266 W Goulson Ave Hazel Park, MI | 3.0 | 1.0 | 942 | $1,600 | $1.70 | 23d | 1 | 0.49mi |
| 2023 Ardmore Dr Ferndale, MI | 2.0 | 1.0 | 771 | $1,250 | $1.62 | 26d | 1 | 0.65mi |
| 2033 Wrenson St Ferndale, MI | 3.0 | 1.0 | 816 | $1,675 | $2.05 | 0d | 1 | 0.66mi |
| 2215 Browning St Ferndale, MI | 2.0 | 1.0 | 739 | $1,350 | $1.83 | 6d | 1 | 0.74mi |
| 90 W Meyers Ave Hazel Park, MI | 2.0 | 1.0 | 831 | $1,800 | $2.17 | 26d | 1 | 0.79mi |
| 23077 Davey Ave Hazel Park, MI | 3.0 | 1.0 | 933 | $1,895 | $2.03 | 26d | 1 | 0.82mi |
| 1770 E Woodward Heights Blvd Hazel Park, MI | 1.0–2.0 | 1.0 | 712 | $1,400 | $1.96 | 6d | 1 | 0.84mi |
| 1770 E Woodward Heights Blvd Hazel Park, MI | 2.0 | 1.0 | 850 | $1,525 | $1.79 | 14d | 1 | 0.84mi |
| 1770 E Woodward Heights Blvd Unit E3 Hazel Park, MI | 2.0 | 1.0 | 850 | $1,300 | $1.53 | 26d | 1 | 0.84mi |
| 2181 Coy St Ferndale, MI | 3.0 | 1.0 | 1050 | $1,995 | $1.90 | 12d | 1 | 0.95mi |
| 1800 Browning St Ferndale, MI | 2.0 | 1.0 | 809 | $1,600 | $1.98 | 6d | 1 | 0.95mi |
| 1731 E Pearl Ave Hazel Park, MI | 3.0 | 1.0 | 844 | $1,500 | $1.78 | 22d | 1 | 0.98mi |
| 1326 E Evelyn Ave Unit 1032332P Hazel Park, MI | 3.0 | 2.0 | 1097 | $6,448 | $5.88 | 0d | 1 | 1.05mi |
| 429 E Milton Ave Hazel Park, MI | 3.0 | 2.0 | 1075 | $1,595 | $1.48 | 1d | 1 | 1.08mi |
| 407 E Hayes Ave Hazel Park, MI | 3.0 | 1.0 | 1000 | $1,750 | $1.75 | 26d | 1 | 1.14mi |
| 25151 Dequindre Rd Madison Heights, MI | 3.0 | 2.0 | 1088 | $1,279 | $1.18 | 25d | 1 | 1.14mi |
| 1211 E Bernhard Ave Hazel Park, MI | 2.0 | 1.0 | 721 | $1,500 | $2.08 | 26d | 1 | 1.14mi |
| 1621 E Evelyn Ave Hazel Park, MI | 2.0 | 1.0 | 749 | $1,295 | $1.73 | 19d | 1 | 1.15mi |
| 328 W Kalama Ave Madison Heights, MI | 3.0 | 1.0 | 900 | $1,575 | $1.75 | 6d | 1 | 1.15mi |
| 1561 E Webster St Ferndale, MI | 2.0 | 1.0 | 939 | $1,600 | $1.70 | 26d | 1 | 1.19mi |
| 1019 E Hayes Ave Unit 1032331P Hazel Park, MI | 3.0 | 1.0 | 1033 | $5,281 | $5.11 | 0d | 1 | 1.20mi |
| 155 W George Ave Hazel Park, MI | 2.0 | 1.0 | 725 | $1,000 | $1.38 | 26d | 1 | 1.24mi |
| 1816 Guthrie Ave Royal Oak, MI | 3.0 | 1.0 | 1100 | $1,800 | $1.64 | 6d | 1 | 1.27mi |
| 2709 Capitol Ave Warren, MI | 3.0 | 2.0 | 1056 | $1,649 | $1.56 | 45d | 1 | 1.30mi |
| 21516 Dequindre Rd Warren, MI | 1.0–2.0 | 1.0 | 837 | $1,375 | $1.64 | 23d | 1 | 1.34mi |
| 425 Vester St Unit A Ferndale, MI | 2.0 | 1.0 | 525 | $1,349 | $2.57 | 6d | 1 | 1.35mi |
| 790 Jewell St Ferndale, MI | 2.0 | 1.0 | 800 | $1,445 | $1.81 | 26d | 1 | 1.35mi |
| 552 E Saratoga St Unit Upper Unit Ferndale, MI | 2.0 | 1.0 | 700 | $1,300 | $1.86 | 26d | 1 | 1.35mi |
| 501 E Breckenridge St Ferndale, MI | 3.0 | 1.0 | 946 | $1,800 | $1.90 | 26d | 1 | 1.36mi |
| 453 E Cambourne St Unit 1 Ferndale, MI | 2.0 | 1.0 | 1000 | $2,500 | $2.50 | 4d | 1 | 1.42mi |
| 455 E Cambourne St Unit 2 Ferndale, MI | 2.0 | 1.0 | 900 | $2,400 | $2.67 | 4d | 1 | 1.42mi |
| 400 E Cambourne St Unit 1 Ferndale, MI | 2.0 | 1.0 | 1000 | $1,400 | $1.40 | 12d | 1 | 1.49mi |
Listing history 50 events
-
2026-04-27status Pending 1119-char remark
Show marketing remark (1119 chars)
Welcome home to the perfect first-time homebuyer opportunity, just steps from downtown Hazel Park and located just north of Nine Mile. This charming three-bedroom home is freshly painted in a modern gray and features hard-surface flooring, many newer windows, a new furnace 2025, new central air 2025. New Roof 2020, and great curb appeal with its brick facade. Enjoy a large backyard, along with both a front and back porch - perfect for relaxing or entertaining. With a park down the street, sidewalks throughout the neighborhood, and close proximity to the municipal building, police station, restaurants, and more, this home offers both convenience and comfort. Commuters will love the easy access to I-696 & I-75, making travel throughout Metro Detroit simple and efficient. Just minutes away, a growing downtown scene offers an exciting mix of progressive restaurants, shops, and local businesses that continue to energize the area. Hazel Park is an exciting, up-and-coming community and a wonderful place to put down roots. Don't wait. Homes like this, at this price point, do not come on the market often.
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2026-04-27status Pending
Show marketing remark (1119 chars)
Welcome home to the perfect first-time homebuyer opportunity, just steps from downtown Hazel Park and located just north of Nine Mile. This charming three-bedroom home is freshly painted in a modern gray and features hard-surface flooring, many newer windows, a new furnace 2025, new central air 2025. New Roof 2020, and great curb appeal with its brick facade. Enjoy a large backyard, along with both a front and back porch - perfect for relaxing or entertaining. With a park down the street, sidewalks throughout the neighborhood, and close proximity to the municipal building, police station, restaurants, and more, this home offers both convenience and comfort. Commuters will love the easy access to I-696 & I-75, making travel throughout Metro Detroit simple and efficient. Just minutes away, a growing downtown scene offers an exciting mix of progressive restaurants, shops, and local businesses that continue to energize the area. Hazel Park is an exciting, up-and-coming community and a wonderful place to put down roots. Don't wait. Homes like this, at this price point, do not come on the market often.
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2026-04-09$169,900 Active 1119-char remark
Show marketing remark (1119 chars)
Welcome home to the perfect first-time homebuyer opportunity, just steps from downtown Hazel Park and located just north of Nine Mile. This charming three-bedroom home is freshly painted in a modern gray and features hard-surface flooring, many newer windows, a new furnace 2025, new central air 2025. New Roof 2020, and great curb appeal with its brick facade. Enjoy a large backyard, along with both a front and back porch - perfect for relaxing or entertaining. With a park down the street, sidewalks throughout the neighborhood, and close proximity to the municipal building, police station, restaurants, and more, this home offers both convenience and comfort. Commuters will love the easy access to I-696 & I-75, making travel throughout Metro Detroit simple and efficient. Just minutes away, a growing downtown scene offers an exciting mix of progressive restaurants, shops, and local businesses that continue to energize the area. Hazel Park is an exciting, up-and-coming community and a wonderful place to put down roots. Don't wait. Homes like this, at this price point, do not come on the market often.
-
2026-04-09$169,900 Active
Show marketing remark (1119 chars)
Welcome home to the perfect first-time homebuyer opportunity, just steps from downtown Hazel Park and located just north of Nine Mile. This charming three-bedroom home is freshly painted in a modern gray and features hard-surface flooring, many newer windows, a new furnace 2025, new central air 2025. New Roof 2020, and great curb appeal with its brick facade. Enjoy a large backyard, along with both a front and back porch - perfect for relaxing or entertaining. With a park down the street, sidewalks throughout the neighborhood, and close proximity to the municipal building, police station, restaurants, and more, this home offers both convenience and comfort. Commuters will love the easy access to I-696 & I-75, making travel throughout Metro Detroit simple and efficient. Just minutes away, a growing downtown scene offers an exciting mix of progressive restaurants, shops, and local businesses that continue to energize the area. Hazel Park is an exciting, up-and-coming community and a wonderful place to put down roots. Don't wait. Homes like this, at this price point, do not come on the market often.
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2026-04-08historical $169,900 1119-char remark
Show marketing remark (1119 chars)
Welcome home to the perfect first-time homebuyer opportunity, just steps from downtown Hazel Park and located just north of Nine Mile. This charming three-bedroom home is freshly painted in a modern gray and features hard-surface flooring, many newer windows, a new furnace 2025, new central air 2025. New Roof 2020, and great curb appeal with its brick facade. Enjoy a large backyard, along with both a front and back porch - perfect for relaxing or entertaining. With a park down the street, sidewalks throughout the neighborhood, and close proximity to the municipal building, police station, restaurants, and more, this home offers both convenience and comfort. Commuters will love the easy access to I-696 & I-75, making travel throughout Metro Detroit simple and efficient. Just minutes away, a growing downtown scene offers an exciting mix of progressive restaurants, shops, and local businesses that continue to energize the area. Hazel Park is an exciting, up-and-coming community and a wonderful place to put down roots. Don't wait. Homes like this, at this price point, do not come on the market often.
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2018-07-05soldstatus $71,000
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2018-06-20soldstatus $71,000 Sold 383-char remark
Show marketing remark (383 chars)
TENANT OCCUPIED UNTIL 6/30/18, PAYING $750/MONTH! 48 HR. NOTICE TO SHOW! This is an updated 3 bedroom, 1 bath ranch with hardwood floors, central air and a large fenced yard. Property sold as-is. Buyer responsible for city inspection and any repairs/requirements (if any). Buyer to assume lease. Photos taken prior to tenant move in. Contingent on receiving release from last offer.
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2018-06-20soldstatus $71,000 Closed
Show marketing remark (383 chars)
TENANT OCCUPIED UNTIL 6/30/18, PAYING $750/MONTH! 48 HR. NOTICE TO SHOW! This is an updated 3 bedroom, 1 bath ranch with hardwood floors, central air and a large fenced yard. Property sold as-is. Buyer responsible for city inspection and any repairs/requirements (if any). Buyer to assume lease. Photos taken prior to tenant move in. Contingent on receiving release from last offer.
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2018-05-29status Pending
Show marketing remark (383 chars)
TENANT OCCUPIED UNTIL 6/30/18, PAYING $750/MONTH! 48 HR. NOTICE TO SHOW! This is an updated 3 bedroom, 1 bath ranch with hardwood floors, central air and a large fenced yard. Property sold as-is. Buyer responsible for city inspection and any repairs/requirements (if any). Buyer to assume lease. Photos taken prior to tenant move in. Contingent on receiving release from last offer.
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2018-05-29status Pending 383-char remark
Show marketing remark (383 chars)
TENANT OCCUPIED UNTIL 6/30/18, PAYING $750/MONTH! 48 HR. NOTICE TO SHOW! This is an updated 3 bedroom, 1 bath ranch with hardwood floors, central air and a large fenced yard. Property sold as-is. Buyer responsible for city inspection and any repairs/requirements (if any). Buyer to assume lease. Photos taken prior to tenant move in. Contingent on receiving release from last offer.
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2018-05-22status Active
Show marketing remark (383 chars)
TENANT OCCUPIED UNTIL 6/30/18, PAYING $750/MONTH! 48 HR. NOTICE TO SHOW! This is an updated 3 bedroom, 1 bath ranch with hardwood floors, central air and a large fenced yard. Property sold as-is. Buyer responsible for city inspection and any repairs/requirements (if any). Buyer to assume lease. Photos taken prior to tenant move in. Contingent on receiving release from last offer.
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2018-05-22status Active 383-char remark
Show marketing remark (383 chars)
TENANT OCCUPIED UNTIL 6/30/18, PAYING $750/MONTH! 48 HR. NOTICE TO SHOW! This is an updated 3 bedroom, 1 bath ranch with hardwood floors, central air and a large fenced yard. Property sold as-is. Buyer responsible for city inspection and any repairs/requirements (if any). Buyer to assume lease. Photos taken prior to tenant move in. Contingent on receiving release from last offer.
-
2018-03-27status Pending
Show marketing remark (383 chars)
TENANT OCCUPIED UNTIL 6/30/18, PAYING $750/MONTH! 48 HR. NOTICE TO SHOW! This is an updated 3 bedroom, 1 bath ranch with hardwood floors, central air and a large fenced yard. Property sold as-is. Buyer responsible for city inspection and any repairs/requirements (if any). Buyer to assume lease. Photos taken prior to tenant move in. Contingent on receiving release from last offer.
-
2018-03-27status Pending 383-char remark
Show marketing remark (383 chars)
TENANT OCCUPIED UNTIL 6/30/18, PAYING $750/MONTH! 48 HR. NOTICE TO SHOW! This is an updated 3 bedroom, 1 bath ranch with hardwood floors, central air and a large fenced yard. Property sold as-is. Buyer responsible for city inspection and any repairs/requirements (if any). Buyer to assume lease. Photos taken prior to tenant move in. Contingent on receiving release from last offer.
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2018-03-20$74,000 Active 383-char remark
Show marketing remark (383 chars)
TENANT OCCUPIED UNTIL 6/30/18, PAYING $750/MONTH! 48 HR. NOTICE TO SHOW! This is an updated 3 bedroom, 1 bath ranch with hardwood floors, central air and a large fenced yard. Property sold as-is. Buyer responsible for city inspection and any repairs/requirements (if any). Buyer to assume lease. Photos taken prior to tenant move in. Contingent on receiving release from last offer.
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2018-03-20$74,000 Active
Show marketing remark (383 chars)
TENANT OCCUPIED UNTIL 6/30/18, PAYING $750/MONTH! 48 HR. NOTICE TO SHOW! This is an updated 3 bedroom, 1 bath ranch with hardwood floors, central air and a large fenced yard. Property sold as-is. Buyer responsible for city inspection and any repairs/requirements (if any). Buyer to assume lease. Photos taken prior to tenant move in. Contingent on receiving release from last offer.
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2014-05-07soldstatus $750
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2014-04-26historical
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2014-04-18$750
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2011-08-26soldstatus $14,900
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2011-08-26soldstatus $14,900
-
2011-08-10historical
-
2009-01-01historical
-
2008-07-01$14,900
-
2008-07-01$14,900
-
2008-07-01$40,000
-
2007-02-12historical
-
2006-10-12$112,900
-
2006-10-02historical
-
2006-09-30historical
-
2006-08-02$112,900
-
2006-07-30historical
-
2006-05-10$114,900
-
2006-05-08$114,900
-
2006-04-02historical
-
2006-03-31$114,900
-
2004-10-27soldstatus $103,500
-
2004-10-11soldstatus $103,500
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2004-10-11soldstatus $103,500
-
2004-10-05historical
-
2004-09-15$108,900
-
2004-09-15$108,900
-
2004-09-10historical
-
2004-06-10$108,900
-
2004-06-10historical
-
2004-05-10$109,900
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2003-04-08soldstatus $49,207
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1996-07-11soldstatus $48,500
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1993-01-05soldstatus $37,570
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1990-11-15soldstatus $37,570
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast MI · Partial reset (capped growth)
- Current annual tax
- $2,861 · $238/mo
- Projected year-2 tax
- $2,861 · $238/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 3/10 Moderate FEMA zone X (unshaded) · 20% 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 3 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
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Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $19,394
- − Mortgage interest
- −$9,517
- − Property taxes
- −$2,861
- − Insurance
- −$850
- − Repairs & maintenance
- −$1,552
- − Management
- −$1,552
- − Depreciation
- −$4,943
- Taxable loss
- −$1,879
- Est. tax savings @ 24.0%
- +$451
- After-tax cash flow
- $1,370/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
- Hazel Park School District
- NCES district ID
- 2618030
- Math proficiency
- 10% ▼ -2.00%
- Reading proficiency
- 24% ▲ 1.00%
- Median HH income
- $36,181
- Composite
- 14.05/100
- National rank
- #9466
- State rank
- #490 of 540 in MI
Livability — Hazel Park
- Score
- 81/100
- State rank
- #65
- US rank
- #1385
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Hazel Park, MI
- County
- Oakland County · 1,009,092 people
- City population
- 14,963
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 14,963
- Household income
- $67,073
- Rent vs Own
- Severe rent burden
- 432.0
Population outlook (Oakland County) Hauer SSP2
- Today (2025)
- 1,335,747 people
- By 2030
- 1,375,100 · +2.9%
- By 2040
- 1,435,385 · +7.5%
- By 2050
- 1,469,250 · +10.0%
- By 2075
- 1,531,946 · +14.7%
- By 2100
- 1,450,485 · +8.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (74%)
- Race & ethnicity
- White 74% Two or more races 10% Black 10% Hispanic / Latino 6% Asian 1%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 2%
- Common ancestry
- Romanian 11% Slovak 3% Lithuanian 2%
- Foreign-born
- 5% · Canada
- Languages at home
- 92% English-only · Spanish 5% Arabic 1% Russian/Polish/Slavic 1%
Political lean MEDSL · Oakland
- 2024 margin
- D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
- 2008→2024 swing
- -3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
- All cycles
- 2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -184.32%
- Current HPI
- 285.5923
- Rent YoY
- ▲ 2.90%
- 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 |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
|
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| Automotive Technology | 1 | $20B |
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Price history
+655.1% since first listed51 events — show timeline
- 2026-04-27 Pending — MiRealSource-MiMLS
- 2026-04-27 Pending — REALCOMP
- 2026-04-09 Listed $169,900 MiRealSource-MiMLS
- 2026-04-09 Listed $169,900 REALCOMP
- 2026-04-08 Coming Soon $169,900 MiRealSource-MiMLS
- 2018-07-05 Sold (Public Records) $71,000 Public Records
- 2018-06-20 Sold (MLS) $71,000 MiRealSource-MiMLS
- 2018-06-20 Sold (MLS) $71,000 REALCOMP
- 2018-05-29 Pending — MiRealSource-MiMLS
- 2018-05-29 Pending — REALCOMP
- 2018-05-22 Relisted — MiRealSource-MiMLS
- 2018-05-22 Relisted — REALCOMP
- 2018-03-27 Pending — MiRealSource-MiMLS
- 2018-03-27 Pending — REALCOMP
- 2018-03-20 Listed $74,000 MiRealSource-MiMLS
- 2018-03-20 Listed $74,000 REALCOMP
- 2014-05-07 Sold (MLS) $750 MiRealSource-MiMLS
- 2014-04-26 Listing Removed — MiRealSource-MiMLS
- 2014-04-18 Listed $750 MiRealSource-MiMLS
- 2011-08-26 Sold (MLS) $14,900 REALCOMP
- 2011-08-26 Sold (MLS) $14,900 MiRealSource-MiMLS
- 2011-08-10 Listing Removed — MiRealSource-MiMLS
- 2009-01-01 Listing Removed — REALCOMP
- 2008-07-01 Listed $40,000 REALCOMP
- 2008-07-01 Listed $14,900 REALCOMP
- 2008-07-01 Listed $14,900 MiRealSource-MiMLS
- 2007-02-12 Listing Removed — REALCOMP
- 2006-10-12 Listed $112,900 REALCOMP
- 2006-10-02 Listing Removed — REALCOMP
- 2006-09-30 Listing Removed — MiRealSource-MiMLS
- 2006-08-02 Listed $112,900 REALCOMP
- 2006-07-30 Listing Removed — REALCOMP
- 2006-05-10 Listed $114,900 MiRealSource-MiMLS
- 2006-05-08 Listed $114,900 REALCOMP
- 2006-04-02 Listing Removed — REALCOMP
- 2006-03-31 Listed $114,900 REALCOMP
- 2004-10-27 Sold (Public Records) $103,500 Public Records
- 2004-10-11 Sold (MLS) $103,500 REALCOMP
- 2004-10-11 Sold (MLS) $103,500 MiRealSource-MiMLS
- 2004-10-05 Listing Removed — MiRealSource-MiMLS
- 2004-09-15 Listed $108,900 REALCOMP
- 2004-09-15 Listed $108,900 MiRealSource-MiMLS
- 2004-09-10 Listing Removed — REALCOMP
- 2004-06-10 Listing Removed — REALCOMP
- 2004-06-10 Listed $108,900 REALCOMP
- 2004-05-10 Listed $109,900 REALCOMP
- 2003-04-08 Sold (Public Records) $49,207 Public Records
- 1996-07-11 Sold (Public Records) $48,500 Public Records
- 1993-01-05 Sold (Public Records) $37,570 Public Records
- 1990-11-15 Sold (Public Records) $37,570 Public Records
- 1976-09-01 Sold (Public Records) $22,500 Public Records
Property tax history
+5.8%/yrLatest (2025): $2,861 · +2.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…