15641 Pickford · Detroit, MI 48235

$104,900

3 bd · 1.0 ba · 1,292 sqft · SingleFamily public records · 1 Days on market

Built 1922 6,970 sqft lot $81/sqft · 53% above area Est $137k · 23% under

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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 +27.2/30.0
• ARV discount +15.0/15.0
• DSCR +9.5/10.0
• 1% rule +8.4/10.0
• Livability +3.7/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this beautifully renovated 3-bedroom, 1-bathroom California-style ranch located in Detroit's desirable Laurelhurst neighborhood. Built in 1922, this home seamlessly blends classic charm with modern updates, offering a comfortable and stylish living experience. Step inside to discover a spacious living room featuring vaulted ceilings and a cozy gas fireplace, creating a warm and inviting atmosphere. The updated kitchen is bathed in natural light, thanks to skylights that enhance its contemporary design. This move-in-ready home is situated in a vibrant community with convenient access to local amenities, schools, and public transportation. Don't miss the opportunity to own this gem in Detroit's west side. THIS PROPERTY HAS AN ALARM AND CAMERAS EVERYWHERE ALARM KEYPAD IS STRAIGHT AHEAD OF YOU ON A WALL.

Key facts

• Renovated bathroom
• Large backyard
• Gas fireplace

Tags

• UPDATED KITCHEN
• RENOVATED BATHROOM
• LARGE BACKYARD
• VAULTED CEILINGS
• SKYLIGHTS
• GAS FIREPLACE

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $300 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $105k).

Location & tenants

• Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
• Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.2%/yr); 283 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 43% of the median local income ($39k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $725 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 + 3.2% rent growth), your $29k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 16 sale attempts since 26y ago; this cycle's ask has dropped $25k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $55k; list at $105k implies a 91% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1922 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $104,900

Questions for the listing agent

1. Built in 1922 — 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: 1.34% ✓
• Cap rate: 9.73%
• Cash-on-cash: 12.28%
• DSCR: 1.55
• GRM: 6.2

CMA / ARV

• ARV (median comp): $136,961
• List price: $104,900
• Delta: -23.41%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18052 Prevost St	0.21mi	3/1.5	1,270 (-2%)	5mo	$90,000	$71	81
18477 Prevost St	0.15mi	3/2.0	1,234 (-4%)	2mo	$163,695	$133	80
18982 Coyle St	0.51mi	3/1.0	1,328 (+3%)	3mo	$132,300	$100	69
18239 Saint Marys St	0.29mi	3/1.0	1,136 (-12%)	1mo	$124,900	$110	65
19477 Prest St	0.73mi	3/2.0	1,300 (+1%)	1mo	$173,000	$133	60
19412 Prest St	0.68mi	2/1.0 (-1)	1,267 (-2%)	3mo	$67,500	$53	58
19139 Lauder St	0.65mi	2/1.0 (-1)	1,335 (+3%)	4mo	$40,000	$30	56
19134 Montrose St	0.43mi	3/2.0	1,430 (+11%)	4mo	$163,000	$114	55
19338 Murray Hill St	0.66mi	3/1.5	1,400 (+8%)	1mo	$176,500	$126	52
17540 Asbury Park St	0.48mi	3/1.0	1,100 (-15%)	4mo	$57,500	$52	50
19412 Sussex St	0.73mi	3/1.0	1,170 (-9%)	2mo	$93,000	$79	49
19160 Gilchrist St	0.70mi	3/1.0	1,100 (-15%)	5mo	$85,000	$77	38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.25% rent growth · sell at horizon

5-year hold

• IRR: 2.3%
• Equity multiple: 1.09×
• Total profit: $2,566
• Equity at exit: $15,641

10-year hold

• IRR: 12.2%
• Equity multiple: 1.97×
• Total profit: $28,635
• Equity at exit: $9,070

Cash invested: $29,372 (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 48235

• Rents YoY: 3.2%
• Active inventory: 283
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,405 high
• Mortgage (P&I): −$550
• Tax from tax record: −$216 /mo · $2,588/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$295
• Net cashflow: $300

Break-even live

Break-even rent $1,025

Max offer price $104,900

Occupancy floor 74%

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: $26,225
• Closing costs: $3,147
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
18427 Greenfield Rd Detroit, MI	2.0	1.0	952	$980	$1.03	5d	1	0.11mi
18400 Rutherford St Detroit, MI	3.0	1.0	1050	$1,400	$1.33	3d	1	0.14mi
18481 Prest St Detroit, MI	3.0	1.5	1100	$1,300	$1.18	19d	1	0.18mi
18675 Forrer St Detroit, MI	3.0	1.0	1200	$1,225	$1.02	5d	1	0.20mi
18964 Coyle St Detroit, MI	3.0	1.0	1300	$1,350	$1.04	2d	1	0.50mi
17165 Prevost St Detroit, MI	3.0	1.0	1060	$2,400	$2.26	2d	1	0.57mi
17201 Saint Marys St Detroit, MI	2.0	1.0	1200	$1,200	$1.00	2d	1	0.59mi
19440 Rutherford St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	24d	1	0.68mi
19467 Rutherford St Detroit, MI	3.0	1.0	1002	$1,200	$1.20	16d	1	0.71mi
18257 Mark Twain St Detroit, MI	3.0	1.0	1185	$1,507	$1.27	16d	1	0.73mi
19503 Mansfield St Detroit, MI	3.0	1.0	1200	$1,350	$1.12	16d	1	0.76mi
18494 Ashton Ave Detroit, MI	3.0	1.0	1000	$1,600	$1.60	16d	1	0.93mi
19400 Harlow St Detroit, MI	4.0	1.0	1298	$1,275	$0.98	16d	1	0.94mi
16876 Harlow Ave Unit (NO) Detroit, MI	3.0	1.0	1250	$1,350	$1.08	43d	1	0.97mi
18010 Lesure St Detroit, MI	3.0	1.0	1010	$1,550	$1.53	24d	1	1.03mi
16535 Asbury Park Detroit, MI	3.0	1.5	1152	$1,450	$1.26	24d	1	1.04mi
16210 Ferguson St Detroit, MI	4.0	2.0	1493	$1,750	$1.17	3d	1	1.10mi
19816 Harlow St Detroit, MI	2.0	1.5	1704	$1,150	$0.67	18d	1	1.11mi
18512 Schaefer Hwy Detroit, MI	2.0	1.0	962	$1,200	$1.25	24d	1	1.14mi
16151 Robson St Detroit, MI	3.0	1.0	1300	$1,525	$1.17	15d	1	1.14mi
19818 Fenmore St Detroit, MI	3.0	1.0	902	$1,275	$1.41	43d	1	1.18mi
17654 Greenview Ave Detroit, MI	4.0	1.0	1377	$1,350	$0.98	16d	1	1.19mi
15866 Mansfield St Detroit, MI	3.0	1.0	1324	$1,425	$1.08	24d	1	1.20mi
20210 Biltmore St Detroit, MI	3.0	1.0	1033	$1,350	$1.31	24d	1	1.24mi
19918 Southfield Fwy Detroit, MI	3.0	1.0	915	$1,375	$1.50	15d	1	1.24mi
20203 Gilchrist St Detroit, MI	3.0	1.0	1031	$1,250	$1.21	5d	1	1.27mi
15810 Robson St Detroit, MI	3.0	1.0	1142	$1,500	$1.31	24d	1	1.31mi
20042 Freeland St Detroit, MI	3.0	1.5	1445	$1,400	$0.97	16d	1	1.31mi
15752 Rutherford St Detroit, MI	3.0	2.0	1174	$1,386	$1.18	5d	1	1.32mi
20043 Fenmore St Detroit, MI	3.0	1.0	1030	$1,453	$1.41	43d	1	1.32mi
16505 Stansbury St Detroit, MI	3.0	1.0	1700	$1,345	$0.79	43d	1	1.33mi
16505 Stansbury St Detroit, MI	3.0	1.0	1100	$1,250	$1.14	11d	1	1.33mi
19474 Schaefer Hwy Detroit, MI	2.0	1.0	896	$1,075	$1.20	5d	1	1.34mi
17654 Sunderland Rd Detroit, MI	3.0	1.0	1100	$1,500	$1.36	43d	1	1.35mi
20314 Gilchrist St Detroit, MI	3.0	1.0	1042	$1,500	$1.44	5d	1	1.35mi
19970 Ashton Ave Detroit, MI	3.0	1.0	1000	$1,000	$1.00	43d	1	1.36mi
20259 Oakfield St Detroit, MI	3.0	1.0	1056	$1,250	$1.18	16d	1	1.37mi
15736 Biltmore St Detroit, MI	3.0	1.5	1000	$1,200	$1.20	16d	1	1.41mi
16757 Greenview Ave Unit 1A Detroit, MI	3.0	1.5	1600	$1,500	$0.94	5d	1	1.41mi
19445 Avon Ave Detroit, MI	3.0	1.0	1023	$1,550	$1.52	43d	1	1.43mi

Listing history 50 events

1. 2026-06-02
   status $104,900 Pending 1 DOM
2. 2026-06-02
   days on marketlisting id $104,900 Active 1 DOM
3. 2026-05-31
   days on market $104,900 Active 266 DOM
4. 2026-04-28
   price $104,900 822-char remark

   Show marketing remark (822 chars)

   Welcome to this beautifully renovated 3-bedroom, 1-bathroom California-style ranch located in Detroit's desirable Laurelhurst neighborhood. Built in 1922, this home seamlessly blends classic charm with modern updates, offering a comfortable and stylish living experience. Step inside to discover a spacious living room featuring vaulted ceilings and a cozy gas fireplace, creating a warm and inviting atmosphere. The updated kitchen is bathed in natural light, thanks to skylights that enhance its contemporary design. This move-in-ready home is situated in a vibrant community with convenient access to local amenities, schools, and public transportation. Don't miss the opportunity to own this gem in Detroit's west side. THIS PROPERTY HAS AN ALARM AND CAMERAS EVERYWHERE ALARM KEYPAD IS STRAIGHT AHEAD OF YOU ON A WALL.

5. 2026-04-28
   price $104,900 822-char remark

   Show marketing remark (822 chars)

   Welcome to this beautifully renovated 3-bedroom, 1-bathroom California-style ranch located in Detroit's desirable Laurelhurst neighborhood. Built in 1922, this home seamlessly blends classic charm with modern updates, offering a comfortable and stylish living experience. Step inside to discover a spacious living room featuring vaulted ceilings and a cozy gas fireplace, creating a warm and inviting atmosphere. The updated kitchen is bathed in natural light, thanks to skylights that enhance its contemporary design. This move-in-ready home is situated in a vibrant community with convenient access to local amenities, schools, and public transportation. Don't miss the opportunity to own this gem in Detroit's west side. THIS PROPERTY HAS AN ALARM AND CAMERAS EVERYWHERE ALARM KEYPAD IS STRAIGHT AHEAD OF YOU ON A WALL.

6. 2025-12-31
   price $109,900 822-char remark

   Show marketing remark (822 chars)

   Welcome to this beautifully renovated 3-bedroom, 1-bathroom California-style ranch located in Detroit's desirable Laurelhurst neighborhood. Built in 1922, this home seamlessly blends classic charm with modern updates, offering a comfortable and stylish living experience. Step inside to discover a spacious living room featuring vaulted ceilings and a cozy gas fireplace, creating a warm and inviting atmosphere. The updated kitchen is bathed in natural light, thanks to skylights that enhance its contemporary design. This move-in-ready home is situated in a vibrant community with convenient access to local amenities, schools, and public transportation. Don't miss the opportunity to own this gem in Detroit's west side. THIS PROPERTY HAS AN ALARM AND CAMERAS EVERYWHERE ALARM KEYPAD IS STRAIGHT AHEAD OF YOU ON A WALL.

7. 2025-12-31
   price $109,900 822-char remark

   Show marketing remark (822 chars)

   Welcome to this beautifully renovated 3-bedroom, 1-bathroom California-style ranch located in Detroit's desirable Laurelhurst neighborhood. Built in 1922, this home seamlessly blends classic charm with modern updates, offering a comfortable and stylish living experience. Step inside to discover a spacious living room featuring vaulted ceilings and a cozy gas fireplace, creating a warm and inviting atmosphere. The updated kitchen is bathed in natural light, thanks to skylights that enhance its contemporary design. This move-in-ready home is situated in a vibrant community with convenient access to local amenities, schools, and public transportation. Don't miss the opportunity to own this gem in Detroit's west side. THIS PROPERTY HAS AN ALARM AND CAMERAS EVERYWHERE ALARM KEYPAD IS STRAIGHT AHEAD OF YOU ON A WALL.

8. 2025-10-18
   price $119,900 822-char remark

   Show marketing remark (822 chars)

   Welcome to this beautifully renovated 3-bedroom, 1-bathroom California-style ranch located in Detroit's desirable Laurelhurst neighborhood. Built in 1922, this home seamlessly blends classic charm with modern updates, offering a comfortable and stylish living experience. Step inside to discover a spacious living room featuring vaulted ceilings and a cozy gas fireplace, creating a warm and inviting atmosphere. The updated kitchen is bathed in natural light, thanks to skylights that enhance its contemporary design. This move-in-ready home is situated in a vibrant community with convenient access to local amenities, schools, and public transportation. Don't miss the opportunity to own this gem in Detroit's west side. THIS PROPERTY HAS AN ALARM AND CAMERAS EVERYWHERE ALARM KEYPAD IS STRAIGHT AHEAD OF YOU ON A WALL.

9. 2025-10-17
   price $119,900 822-char remark

   Show marketing remark (822 chars)

   Welcome to this beautifully renovated 3-bedroom, 1-bathroom California-style ranch located in Detroit's desirable Laurelhurst neighborhood. Built in 1922, this home seamlessly blends classic charm with modern updates, offering a comfortable and stylish living experience. Step inside to discover a spacious living room featuring vaulted ceilings and a cozy gas fireplace, creating a warm and inviting atmosphere. The updated kitchen is bathed in natural light, thanks to skylights that enhance its contemporary design. This move-in-ready home is situated in a vibrant community with convenient access to local amenities, schools, and public transportation. Don't miss the opportunity to own this gem in Detroit's west side. THIS PROPERTY HAS AN ALARM AND CAMERAS EVERYWHERE ALARM KEYPAD IS STRAIGHT AHEAD OF YOU ON A WALL.

10. 2025-09-12
    price $125,000 822-char remark

    Show marketing remark (822 chars)

    Welcome to this beautifully renovated 3-bedroom, 1-bathroom California-style ranch located in Detroit's desirable Laurelhurst neighborhood. Built in 1922, this home seamlessly blends classic charm with modern updates, offering a comfortable and stylish living experience. Step inside to discover a spacious living room featuring vaulted ceilings and a cozy gas fireplace, creating a warm and inviting atmosphere. The updated kitchen is bathed in natural light, thanks to skylights that enhance its contemporary design. This move-in-ready home is situated in a vibrant community with convenient access to local amenities, schools, and public transportation. Don't miss the opportunity to own this gem in Detroit's west side. THIS PROPERTY HAS AN ALARM AND CAMERAS EVERYWHERE ALARM KEYPAD IS STRAIGHT AHEAD OF YOU ON A WALL.

11. 2025-09-11
    price $125,000 822-char remark

    Show marketing remark (822 chars)

    Welcome to this beautifully renovated 3-bedroom, 1-bathroom California-style ranch located in Detroit's desirable Laurelhurst neighborhood. Built in 1922, this home seamlessly blends classic charm with modern updates, offering a comfortable and stylish living experience. Step inside to discover a spacious living room featuring vaulted ceilings and a cozy gas fireplace, creating a warm and inviting atmosphere. The updated kitchen is bathed in natural light, thanks to skylights that enhance its contemporary design. This move-in-ready home is situated in a vibrant community with convenient access to local amenities, schools, and public transportation. Don't miss the opportunity to own this gem in Detroit's west side. THIS PROPERTY HAS AN ALARM AND CAMERAS EVERYWHERE ALARM KEYPAD IS STRAIGHT AHEAD OF YOU ON A WALL.

12. 2025-09-07
    listed $129,900 Active 822-char remark

    Show marketing remark (822 chars)

    Welcome to this beautifully renovated 3-bedroom, 1-bathroom California-style ranch located in Detroit's desirable Laurelhurst neighborhood. Built in 1922, this home seamlessly blends classic charm with modern updates, offering a comfortable and stylish living experience. Step inside to discover a spacious living room featuring vaulted ceilings and a cozy gas fireplace, creating a warm and inviting atmosphere. The updated kitchen is bathed in natural light, thanks to skylights that enhance its contemporary design. This move-in-ready home is situated in a vibrant community with convenient access to local amenities, schools, and public transportation. Don't miss the opportunity to own this gem in Detroit's west side. THIS PROPERTY HAS AN ALARM AND CAMERAS EVERYWHERE ALARM KEYPAD IS STRAIGHT AHEAD OF YOU ON A WALL.

13. 2025-09-07
    listed $129,900 Active 822-char remark

    Show marketing remark (822 chars)

    Welcome to this beautifully renovated 3-bedroom, 1-bathroom California-style ranch located in Detroit's desirable Laurelhurst neighborhood. Built in 1922, this home seamlessly blends classic charm with modern updates, offering a comfortable and stylish living experience. Step inside to discover a spacious living room featuring vaulted ceilings and a cozy gas fireplace, creating a warm and inviting atmosphere. The updated kitchen is bathed in natural light, thanks to skylights that enhance its contemporary design. This move-in-ready home is situated in a vibrant community with convenient access to local amenities, schools, and public transportation. Don't miss the opportunity to own this gem in Detroit's west side. THIS PROPERTY HAS AN ALARM AND CAMERAS EVERYWHERE ALARM KEYPAD IS STRAIGHT AHEAD OF YOU ON A WALL.

14. 2025-09-05
    historical $129,900 822-char remark

    Show marketing remark (822 chars)

    Welcome to this beautifully renovated 3-bedroom, 1-bathroom California-style ranch located in Detroit's desirable Laurelhurst neighborhood. Built in 1922, this home seamlessly blends classic charm with modern updates, offering a comfortable and stylish living experience. Step inside to discover a spacious living room featuring vaulted ceilings and a cozy gas fireplace, creating a warm and inviting atmosphere. The updated kitchen is bathed in natural light, thanks to skylights that enhance its contemporary design. This move-in-ready home is situated in a vibrant community with convenient access to local amenities, schools, and public transportation. Don't miss the opportunity to own this gem in Detroit's west side. THIS PROPERTY HAS AN ALARM AND CAMERAS EVERYWHERE ALARM KEYPAD IS STRAIGHT AHEAD OF YOU ON A WALL.

15. 2025-09-05
    historical

    Show marketing remark (822 chars)

    Welcome to this beautifully renovated 3-bedroom, 1-bathroom California-style ranch located in Detroit's desirable Laurelhurst neighborhood. Built in 1922, this home seamlessly blends classic charm with modern updates, offering a comfortable and stylish living experience. Step inside to discover a spacious living room featuring vaulted ceilings and a cozy gas fireplace, creating a warm and inviting atmosphere. The updated kitchen is bathed in natural light, thanks to skylights that enhance its contemporary design. This move-in-ready home is situated in a vibrant community with convenient access to local amenities, schools, and public transportation. Don't miss the opportunity to own this gem in Detroit's west side. THIS PROPERTY HAS AN ALARM AND CAMERAS EVERYWHERE ALARM KEYPAD IS STRAIGHT AHEAD OF YOU ON A WALL.

16. 2025-09-05
    historical

    Show marketing remark (822 chars)

    Welcome to this beautifully renovated 3-bedroom, 1-bathroom California-style ranch located in Detroit's desirable Laurelhurst neighborhood. Built in 1922, this home seamlessly blends classic charm with modern updates, offering a comfortable and stylish living experience. Step inside to discover a spacious living room featuring vaulted ceilings and a cozy gas fireplace, creating a warm and inviting atmosphere. The updated kitchen is bathed in natural light, thanks to skylights that enhance its contemporary design. This move-in-ready home is situated in a vibrant community with convenient access to local amenities, schools, and public transportation. Don't miss the opportunity to own this gem in Detroit's west side. THIS PROPERTY HAS AN ALARM AND CAMERAS EVERYWHERE ALARM KEYPAD IS STRAIGHT AHEAD OF YOU ON A WALL.

17. 2025-08-14
    price $134,900
18. 2025-08-13
    price $134,900
19. 2025-06-06
    price $139,900
20. 2025-06-05
    price $139,900
21. 2025-05-23
    listed $145,000 Active
22. 2025-05-23
    listed $145,000 Active
23. 2025-05-21
    historical
24. 2023-06-20
    soldstatus $55,000
25. 2023-06-13
    soldstatus $55,000 Sold
26. 2023-06-13
    soldstatus $55,000 Closed
27. 2023-06-07
    status Pending
28. 2023-06-07
    status Pending
29. 2023-02-02
    listed $59,000 Active
30. 2023-02-02
    listed $59,000 Active
31. 2017-06-23
    historical
32. 2017-06-23
    historical
33. 2017-06-19
    listed $17,000
34. 2017-06-19
    listed $17,000
35. 2014-07-18
    historical
36. 2014-07-18
    historical
37. 2014-03-13
    listed $32,500
38. 2014-03-13
    listed $32,500
39. 2012-03-09
    soldstatus $4,000
40. 2012-03-09
    soldstatus $4,000
41. 2012-02-03
    listed $4,500
42. 2012-02-03
    listed $4,500
43. 2006-09-14
    historical
44. 2006-07-14
    listed $117,500
45. 2006-07-14
    historical
46. 2006-01-31
    listed $117,500
47. 2000-06-25
    historical
48. 2000-03-01
    listed $105,000
49. 2000-02-21
    historical
50. 2000-01-25
    listed $115,000

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

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $2,588 · $216/mo
• Projected year-2 tax: $2,588 · $216/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 4/10 Moderate FEMA zone X (unshaded) · 20% 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 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,860
• − Mortgage interest: −$5,876
• − Property taxes: −$2,588
• − Insurance: −$524
• − Repairs & maintenance: −$1,349
• − Management: −$1,349
• − Depreciation: −$3,052
• Taxable income: $2,122
• Est. tax owed @ 24.0%: −$509
• After-tax cash flow: $3,096/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): 45,600
• Household income: $39,265
• Rent vs Own: 46.5% rent · 53.5% own
• Severe rent burden: 3064.0

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 (94%)
• Race & ethnicity: Black 94% White 3% Two or more races 2% Hispanic / Latino 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · 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: ▼ -153.02%
• Current HPI: 263.6326
• Rent YoY: ▲ 3.25%
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+1513.8% since first listed

48 events — show timeline

• 2026-04-28 Price Changed $104,900 MiRealSource-MiMLS
• 2026-04-28 Price Changed $104,900 REALCOMP
• 2025-12-31 Price Changed $109,900 MiRealSource-MiMLS
• 2025-12-31 Price Changed $109,900 REALCOMP
• 2025-10-18 Price Changed $119,900 MiRealSource-MiMLS
• 2025-10-17 Price Changed $119,900 REALCOMP
• 2025-09-12 Price Changed $125,000 MiRealSource-MiMLS
• 2025-09-11 Price Changed $125,000 REALCOMP
• 2025-09-07 Listed $129,900 REALCOMP
• 2025-09-07 Listed $129,900 MiRealSource-MiMLS
• 2025-09-05 Coming Soon $129,900 MiRealSource-MiMLS
• 2025-09-05 Listing Removed — MiRealSource-MiMLS
• 2025-09-05 Listing Removed — REALCOMP
• 2025-08-14 Price Changed $134,900 MiRealSource-MiMLS
• 2025-08-13 Price Changed $134,900 REALCOMP
• 2025-06-06 Price Changed $139,900 MiRealSource-MiMLS
• 2025-06-05 Price Changed $139,900 REALCOMP
• 2025-05-23 Listed $145,000 REALCOMP
• 2025-05-23 Listed $145,000 MiRealSource-MiMLS
• 2025-05-21 Coming Soon — MiRealSource-MiMLS
• 2023-06-20 Sold (Public Records) $55,000 Public Records
• 2023-06-13 Sold (MLS) $55,000 MiRealSource-MiMLS
• 2023-06-13 Sold (MLS) $55,000 REALCOMP
• 2023-06-07 Pending — MiRealSource-MiMLS
• 2023-06-07 Pending — REALCOMP
• 2023-02-02 Listed $59,000 MiRealSource-MiMLS
• 2023-02-02 Listed $59,000 REALCOMP
• 2017-06-23 Listing Removed — MiRealSource-MiMLS
• 2017-06-23 Listing Removed — REALCOMP
• 2017-06-19 Listed $17,000 MiRealSource-MiMLS
• 2017-06-19 Listed $17,000 REALCOMP
• 2014-07-18 Listing Removed — REALCOMP
• 2014-07-18 Listing Removed — MiRealSource-MiMLS
• 2014-03-13 Listed $32,500 REALCOMP
• 2014-03-13 Listed $32,500 MiRealSource-MiMLS
• 2012-03-09 Sold (MLS) $4,000 MiRealSource-MiMLS
• 2012-03-09 Sold (MLS) $4,000 REALCOMP
• 2012-02-03 Listed $4,500 MiRealSource-MiMLS
• 2012-02-03 Listed $4,500 REALCOMP
• 2006-09-14 Listing Removed — REALCOMP
• 2006-07-14 Listing Removed — REALCOMP
• 2006-07-14 Listed $117,500 REALCOMP
• 2006-01-31 Listed $117,500 REALCOMP
• 2000-06-25 Listing Removed — REALCOMP
• 2000-03-01 Listed $105,000 REALCOMP
• 2000-02-21 Listing Removed — REALCOMP
• 2000-01-25 Listed $115,000 REALCOMP
• 1996-04-26 Sold (Public Records) $6,500 Public Records

Property tax history

+11.6%/yr

Latest (2025): $2,588 · -42.8% YoY. Source: county tax records.