321 17th St · Port Huron, MI 48060

$19,900

1 bd · 1.0 ba · 516 sqft · SingleFamily · 3 Days on market

Built 1923 6,534 sqft lot

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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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +3.4/5.0
• Livability +3.2/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located in the historic Mills' Lapeer Avenue Subdivision, 321 17th Street is a unique sweat-equity opportunity in one of Port Huron's established south-side neighborhoods. A recent 1 bed comp sold at a very good price and can serve as the model for this property. This property needs TLC, but its attached garage and workshop make it an ideal fit for investors, hobbyists, contractors, boat owners, or outdoor enthusiasts looking for a project with multiple exit strategies. Just minutes from downtown Port Huron, the St. Clair River, Lake Huron, marinas, fishing access, waterfront parks, and the Blue Water area's year-round attractions, the location offers the kind of lifestyle appeal that continues to attract both residents and visitors. The surrounding neighborhood has benefited from recent public infrastructure improvements and sits near the Harrison Pointe area, providing convenient access to shopping, dining, and waterfront recreation. Whether you're looking to create a weekend fishing retreat, a rental property, or a value-add renovation project, this is the type of property where vision and effort can unlock significant potential. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to a purchase agreement with the seller. Closing will be conducted via contract assignment. Seller to provide marketable title at closing. Seller pays ALL: water bills owed, and taxes owed. Buyer to pay closing costs, including title insurance and closing fees. Sold AS IS - Buyer to verify all information listed. BOAT NOT INCLUDED IN SALE OF PROPERTY.

Key facts

• Attached garage
• St clair river
• Marinas

Tags

• ATTACHED GARAGE
• WORKSHOP
• ST CLAIR RIVER
• LAKE HURON
• MARINAS
• FISHING ACCESS

Property features AI

Finance

• Other: Directions: Lapeer Ave to 17th St, north to property on west side; Cross street: North of Lapeer Ave / West of 17th St
• Financial info: Annual tax amount listed (amount provided but financial specifics excluded)
• HOA & community: Subdivision: MILLS LAPEER AVE

Exterior

• Parking: Attached garage with workshop; 2 garage spaces
• Security: Not specified
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One story; Vinyl siding; Ground-level entry
• Construction: Vinyl siding construction; Slab foundation; Built details not specified
• Exterior features: Paved road access; Lot dimensions approximately 80 x 80 (0.15 acre)

Interior

• Kitchen: Not specified
• Bedrooms: Not specified
• Flooring: Not specified
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Natural gas heating; No cooling
• Interior features: Ground-level entry; Total of 3 rooms
• Laundry & utility: Not specified

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $20k.

Deal economics

• At list price, monthly cash flow is $526 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($840 rent vs $20k).
• Cap rate 38.0% vs local median 4.6% in Port Huron — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 65/100 on livability (#445 in MI) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: amenities C-, health & safety D, schools F.
• Port Huron Area School District (suburban): math 23% / reading 37% proficiency, ranked #368 of 540 in MI (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+3.6%/yr); 220 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 232 units permitted in St. Clair County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $138 of loan paydown is wiped out by about $597 of value loss. Plan a longer hold.
• St. Clair County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.6% rent growth), your $6k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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 1923 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $19,900

Questions for the listing agent

1. Built in 1923 — 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. 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?
6. 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.
7. 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.
8. 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: 4.22% ✓
• Cap rate: 38.00%
• Cash-on-cash: 113.22%
• DSCR: 6.04
• GRM: 2.0

CMA / ARV

• ARV (on-the-fly): $106,296
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
45 16th St	0.23mi	1/1.0	450 (-13%)	8mo	$92,500	$206	62

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 · 3.61% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 6.53×
• Total profit: $30,790
• Equity at exit: $2,967

10-year hold

• IRR: —
• Equity multiple: 13.95×
• Total profit: $72,133
• Equity at exit: $1,721

Cash invested: $5,572 (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

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48060

• Rents YoY: 3.6%
• Active inventory: 220
• Price-to-rent: 2.0×

Monthly cashflow live

• Estimated rent: $840 medium
• Mortgage (P&I): −$104
• Tax est. 1.5%: −$25 /mo · $298/yr
• Insurance: −$8
• HOA: −$0
• Vacancy / Maint / Mgmt: −$176
• Net cashflow: $526

Break-even live

Break-even rent $174

Max offer price $19,900

Occupancy floor 32%

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: $4,975
• Closing costs: $597
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
619 Taylor St Port Huron, MI	2.0–3.0	1.0–1.5	716	$780	$1.09	2d	1	0.63mi
415 Griswold St Unit 3 Port Huron, MI	1.0	1.0	700	$875	$1.25	17d	1	1.36mi

Listing history 5 events

1. 2026-06-19
   status $19,900 Pending 3 DOM
2. 2026-06-18
   days on market $19,900 Active 3 DOM
3. 2026-06-17
   days on market $19,900 Active 2 DOM
4. 2026-06-15
   remarks 681-char remark

   Show marketing remark (1660 chars)

   Located in the historic Mills' Lapeer Avenue Subdivision, 321 17th Street is a unique sweat-equity opportunity in one of Port Huron's established south-side neighborhoods. A recent 1 bed comp sold at a very good price and can serve as the model for this property. This property needs TLC, but its attached garage and workshop make it an ideal fit for investors, hobbyists, contractors, boat owners, or outdoor enthusiasts looking for a project with multiple exit strategies. Just minutes from downtown Port Huron, the St. Clair River, Lake Huron, marinas, fishing access, waterfront parks, and the Blue Water area's year-round attractions, the location offers the kind of lifestyle appeal that continues to attract both residents and visitors. The surrounding neighborhood has benefited from recent public infrastructure improvements and sits near the Harrison Pointe area, providing convenient access to shopping, dining, and waterfront recreation. Whether you're looking to create a weekend fishing retreat, a rental property, or a value-add renovation project, this is the type of property where vision and effort can unlock significant potential. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to a purchase agreement with the seller. Closing will be conducted via contract assignment. Seller to provide marketable title at closing. Seller pays ALL: water bills owed, and taxes owed. Buyer to pay closing costs, including title insurance and closing fees. Sold AS IS - Buyer to verify all information listed. BOAT NOT INCLUDED IN SALE OF PROPERTY.

5. 2026-06-15
   listed $19,900 Active 1 DOM

   Show marketing remark (1660 chars)

   Located in the historic Mills' Lapeer Avenue Subdivision, 321 17th Street is a unique sweat-equity opportunity in one of Port Huron's established south-side neighborhoods. A recent 1 bed comp sold at a very good price and can serve as the model for this property. This property needs TLC, but its attached garage and workshop make it an ideal fit for investors, hobbyists, contractors, boat owners, or outdoor enthusiasts looking for a project with multiple exit strategies. Just minutes from downtown Port Huron, the St. Clair River, Lake Huron, marinas, fishing access, waterfront parks, and the Blue Water area's year-round attractions, the location offers the kind of lifestyle appeal that continues to attract both residents and visitors. The surrounding neighborhood has benefited from recent public infrastructure improvements and sits near the Harrison Pointe area, providing convenient access to shopping, dining, and waterfront recreation. Whether you're looking to create a weekend fishing retreat, a rental property, or a value-add renovation project, this is the type of property where vision and effort can unlock significant potential. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to a purchase agreement with the seller. Closing will be conducted via contract assignment. Seller to provide marketable title at closing. Seller pays ALL: water bills owed, and taxes owed. Buyer to pay closing costs, including title insurance and closing fees. Sold AS IS - Buyer to verify all information listed. BOAT NOT INCLUDED IN SALE OF PROPERTY.

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥98°F today · 14 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,075
• − Mortgage interest: −$1,115
• − Property taxes: −$298
• − Insurance: −$100
• − Repairs & maintenance: −$806
• − Management: −$806
• − Depreciation: −$579
• Taxable income: $6,371
• Est. tax owed @ 24.0%: −$1,529
• After-tax cash flow: $4,780/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: Port Huron Area School District
• NCES district ID: 2628830
• Math proficiency: 23% ▼ -5.00%
• Reading proficiency: 37% ▼ -2.00%
• Median HH income: $42,093
• Composite: 25.4/100
• National rank: #7462
• State rank: #368 of 540 in MI

Livability — Port Huron

• Score: 65/100
• State rank: #445
• US rank: #12478

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Port Huron, MI
• County: Saint Clair County · 44,760 people
• City population: 39,342
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 39,342
• Household income: $53,018
• Rent vs Own: 37.0% rent · 63.0% own
• Severe rent burden: 1808.0

Population outlook (St. Clair County) Hauer SSP2

• Today (2025): 154,587 people
• By 2030: 150,031 · -2.9%
• By 2040: 138,177 · -10.6%
• By 2050: 124,390 · -19.5%
• By 2075: 95,825 · -38.0%
• By 2100: 68,672 · -55.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (80%)
• Race & ethnicity: White 80% Black 7% Two or more races 7% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 6% Lithuanian 4% Slovak 3%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · St. Clair

• 2024 margin: Solid R (+34.6) · D 32.0% · R 66.6% · Other 1.4%
• 2008→2024 swing: -37.3pp toward R · 2008: 2.6pp · 2024: -34.6pp
• All cycles: 2024: R+34.6 2020: R+30.2 2016: R+31.4 2012: R+7.1 2008: D+2.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -134.75%
• Current HPI: 177.2401
• Rent YoY: ▲ 3.61%
• 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

+0.0% since first listed

2 events — show timeline

• 2026-06-15 Listed $19,900 REALCOMP
• 2026-06-15 Listed $19,900 MiRealSource-MiMLS

Property tax history

+12.9%/yr

Latest (2025): $4,279 · +67.1% YoY. Source: county tax records.