5574 Maryland St · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- 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 95°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
- 2 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 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 +22.8/30.0
- ARV discount +7.5/15.0
- DSCR +7.3/10.0
- 1% rule +6.0/10.0
- Livability +3.7/5.0
- Rent growth +2.7/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$124,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this beautifully updated 3-bedroom, 1-bath home offering 1,150 sq ft of comfortable living space in a thriving Detroit community. The newly renovated kitchen features modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. Natural light fills the spacious layout, creating a warm and inviting atmosphere throughout. This home offers the perfect balance of charm, functionality, and value. Conveniently located near shopping, schools, and major freeways. Don't miss your opportunity to own this Detroit gem -- schedule your private showing today.
Key facts
- 5,663 sq ft lot
- Garage
- Built 1951
Neighborhood map
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 $217 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $125k).
- Recommended offer: $121k (3.0% below list) — sets the bar for market timing.
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 flat; 484 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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 37% of the median local income ($45k/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 $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
- It's been on market 39 days — a 3% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 17y ago; this cycle's ask has dropped $15k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 39 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1951 — 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 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?
- 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?
- 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
- 1.10% ✓
- Cap rate
- 8.38%
- Cash-on-cash
- 7.46%
- DSCR
- 1.33
- GRM
- 7.6
CMA / ARV
- ARV (on-the-fly)
- $77,462
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 5818 Beaconsfield St | 0.22mi | 3/1.5 | 1,038 (+3%) | 3mo | $60,000 | $58 | 80 |
| 5566 LAKEPOINTE S S. Chandler Park St | 0.06mi | 3/1.5 | 1,108 (+10%) | 3mo | $57,000 | $51 | 76 |
| 5777 Lakepointe St | 0.14mi | 4/2.5 (+1) | 1,075 (+7%) | 2mo | $174,999 | $163 | 70 |
| 4844 Manistique St | 0.46mi | 3/1.0 | 1,088 (+8%) | 2mo | $19,900 | $18 | 63 |
| 4871 Lakepointe St | 0.40mi | 3/1.5 | 1,100 (+9%) | 2mo | $160,000 | $145 | 62 |
| 9204 Wayburn St | 0.49mi | 4/1.0 (+1) | 1,045 (+4%) | 4mo | $80,000 | $77 | 62 |
| 9768 Manistique St | 0.74mi | 3/1.0 | 986 (-2%) | 0mo | $35,000 | $35 | 62 |
| 4820 Lakepointe St | 0.44mi | 3/1.5 | 1,100 (+9%) | 2mo | $160,000 | $145 | 60 |
| 9710 Somerset Ave | 0.56mi | 3/1.0 | 1,106 (+10%) | 3mo | $121,000 | $109 | 55 |
| 10058 Greensboro St | 0.68mi | 3/1.0 | 928 (-8%) | 3mo | $40,000 | $43 | 53 |
| 9500 Lakepointe St | 0.58mi | 3/1.0 | 1,130 (+12%) | 0mo | $125,000 | $111 | 52 |
| 9459 Lakepointe St | 0.55mi | 3/1.0 | 855 (-15%) | 2mo | $40,000 | $47 | 48 |
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 · 0.73% rent growth · sell at horizon
- IRR
- -7.5%
- Equity multiple
- 0.73×
- Total profit
- $-9,426
- Equity at exit
- $18,623
- IRR
- -1.1%
- Equity multiple
- 0.94×
- Total profit
- $-2,271
- 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
ZIP-level market 48224
- Rents YoY
- 0.7%
- Active inventory
- 484
- Price-to-rent
- 7.6×
Monthly cashflow live
- Estimated rent
- $1,368 high interval (Pro) →
- Mortgage (P&I)
- −$655
- Tax est. 1.5%
- −$156 /mo · $1,874/yr
- Insurance
- −$52
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$287
- Net cashflow
- $217
Break-even live
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
- —
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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5747 Lakepointe St Detroit, MI | 3.0 | 1.5 | 1316 | $1,473 | $1.12 | 43d | 1 | 0.12mi |
| 5751 Nottingham Rd Unit 5/21/26 Detroit, MI | 3.0 | 1.0 | 1100 | $1,250 | $1.14 | 15d | 1 | 0.21mi |
| 5235 Chatsworth St Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.39mi |
| 9168 Wayburn St Detroit, MI | 3.0 | 1.0 | 1274 | $1,300 | $1.02 | 20d | 1 | 0.47mi |
| 5574 Buckingham Ave Detroit, MI | 3.0 | 1.0 | 1430 | $1,450 | $1.01 | 4d | 1 | 0.50mi |
| 9400 Lakepointe St Detroit, MI | 3.0 | 1.0 | 1300 | $1,150 | $0.88 | 5d | 1 | 0.50mi |
| 9409 Balfour Rd Detroit, MI | 3.0 | 1.0 | 1195 | $1,200 | $1.00 | 43d | 1 | 0.50mi |
| 5267 Haverhill St Detroit, MI | 3.0 | 1.5 | 1458 | $1,300 | $0.89 | 16d | 1 | 0.54mi |
| 5267 Haverhill St Detroit, MI | 3.0 | 1.5 | 1458 | $1,300 | $0.89 | 17d | 1 | 0.54mi |
| 15857 Evanston St Detroit, MI | 3.0 | 1.5 | 1232 | $1,250 | $1.01 | 5d | 1 | 0.58mi |
| 9190 Hayes St Unit 1 Detroit, MI | 2.0 | 1.0 | 750 | $850 | $1.13 | 15d | 1 | 0.58mi |
| 5112 Haverhill St Unit 1 Detroit, MI | 2.0 | 1.0 | 1000 | $1,100 | $1.10 | 43d | 1 | 0.59mi |
| 5966 Eastlawn St Unit NA Detroit, MI | 3.0 | 1.5 | 1366 | $1,500 | $1.10 | 24d | 1 | 0.60mi |
| 9747 Somerset Ave Detroit, MI | 2.0 | 1.0 | 797 | $1,100 | $1.38 | 43d | 1 | 0.61mi |
| 9516 Wayburn St Detroit, MI | 2.0 | 1.0 | 800 | $950 | $1.19 | 17d | 1 | 0.62mi |
| 4391 Nottingham Rd Unit 4393 Detroit, MI | 2.0 | 1.0 | 1038 | $950 | $0.92 | 5d | 1 | 0.63mi |
| 9927 Beaconsfield St Detroit, MI | 3.0 | 1.0 | 942 | $1,375 | $1.46 | 15d | 1 | 0.65mi |
| 9984 Beaconsfield St Detroit, MI | 3.0 | 1.0 | 1222 | $1,575 | $1.29 | 43d | 1 | 0.68mi |
| 5031 Bedford St Detroit, MI | 2.0 | 1.0 | 876 | $1,870 | $2.13 | 1d | 1 | 0.69mi |
| 9755 Wayburn St Detroit, MI | 3.0 | 2.0 | 1498 | $1,400 | $0.93 | 3d | 1 | 0.70mi |
| 5028 Bedford St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 5d | 1 | 0.72mi |
| 10141 Roxbury St Detroit, MI | 3.0 | 1.0 | 1115 | $1,000 | $0.90 | 43d | 1 | 0.73mi |
| 4251 Wayburn St Detroit, MI | 3.0 | 1.5 | 1326 | $1,650 | $1.24 | 43d | 1 | 0.74mi |
| 4151 Nottingham Rd Detroit, MI | 2.0 | 1.0 | 1022 | $1,275 | $1.25 | 17d | 1 | 0.79mi |
| 4627 Bedford St Unit 1 Detroit, MI | 2.0 | 1.0 | 1050 | $945 | $0.90 | 20d | 1 | 0.83mi |
| 10644 Stratman St Detroit, MI | 2.0 | 1.0 | 1000 | $1,200 | $1.20 | 17d | 1 | 0.92mi |
| 10724 Whitehill St Detroit, MI | 3.0 | 3.0 | 1425 | $1,550 | $1.09 | 17d | 1 | 0.95mi |
| 9635 Everts St Detroit, MI | 4.0 | 2.0 | 1450 | $1,650 | $1.14 | 43d | 1 | 0.99mi |
| 10813 Whitehill St Detroit, MI | 3.0 | 1.0 | 1392 | $1,350 | $0.97 | 17d | 1 | 1.00mi |
| 13400 Longview St Detroit, MI | 3.0 | 1.5 | 1000 | $1,400 | $1.40 | 43d | 1 | 1.03mi |
| 5783 Yorkshire Rd Detroit, MI | 2.0 | 1.0 | 1040 | $1,200 | $1.15 | 43d | 1 | 1.03mi |
| 13137 Elmdale St Detroit, MI | 3.0 | 1.0 | 1115 | $1,400 | $1.26 | 24d | 1 | 1.07mi |
| 11018 Whitehill St Detroit, MI | 3.0 | 1.0 | 1146 | $1,450 | $1.27 | 10d | 1 | 1.08mi |
| 10404 Somerset Ave Detroit, MI | 3.0 | 1.0 | 1108 | $1,475 | $1.33 | 3d | 1 | 1.08mi |
| 3625 Chatsworth St Detroit, MI | 3.0 | 1.5 | 1182 | $1,295 | $1.10 | 24d | 1 | 1.10mi |
| 3651 Buckingham Ave Detroit, MI | 3.0 | 1.0 | 1320 | $1,300 | $0.98 | 17d | 1 | 1.12mi |
| 10803 Roxbury St Detroit, MI | 3.0 | 1.0 | 1150 | $900 | $0.78 | 20d | 1 | 1.14mi |
| 10037 Grayton St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 3d | 1 | 1.22mi |
| 1415 Maryland St Grosse Pointe Park, MI | 3.0 | 1.0 | 700 | $1,275 | $1.82 | 43d | 1 | 1.25mi |
| 10177 Boleyn St Detroit, MI | 3.0 | 1.0 | 767 | $1,250 | $1.63 | 43d | 1 | 1.28mi |
Listing history 22 events
-
2026-04-13status Pending 597-char remark
Show marketing remark (597 chars)
Welcome to this beautifully updated 3-bedroom, 1-bath home offering 1,150 sq ft of comfortable living space in a thriving Detroit community. The newly renovated kitchen features modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. Natural light fills the spacious layout, creating a warm and inviting atmosphere throughout. This home offers the perfect balance of charm, functionality, and value. Conveniently located near shopping, schools, and major freeways. Don't miss your opportunity to own this Detroit gem -- schedule your private showing today.
-
2026-04-13status Pending 597-char remark
Show marketing remark (597 chars)
Welcome to this beautifully updated 3-bedroom, 1-bath home offering 1,150 sq ft of comfortable living space in a thriving Detroit community. The newly renovated kitchen features modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. Natural light fills the spacious layout, creating a warm and inviting atmosphere throughout. This home offers the perfect balance of charm, functionality, and value. Conveniently located near shopping, schools, and major freeways. Don't miss your opportunity to own this Detroit gem -- schedule your private showing today.
-
2026-04-13status Pending
Show marketing remark (597 chars)
Welcome to this beautifully updated 3-bedroom, 1-bath home offering 1,150 sq ft of comfortable living space in a thriving Detroit community. The newly renovated kitchen features modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. Natural light fills the spacious layout, creating a warm and inviting atmosphere throughout. This home offers the perfect balance of charm, functionality, and value. Conveniently located near shopping, schools, and major freeways. Don't miss your opportunity to own this Detroit gem -- schedule your private showing today.
-
2026-03-31price $124,900 597-char remark
Show marketing remark (597 chars)
Welcome to this beautifully updated 3-bedroom, 1-bath home offering 1,150 sq ft of comfortable living space in a thriving Detroit community. The newly renovated kitchen features modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. Natural light fills the spacious layout, creating a warm and inviting atmosphere throughout. This home offers the perfect balance of charm, functionality, and value. Conveniently located near shopping, schools, and major freeways. Don't miss your opportunity to own this Detroit gem -- schedule your private showing today.
-
2026-03-31price $124,900 597-char remark
Show marketing remark (597 chars)
Welcome to this beautifully updated 3-bedroom, 1-bath home offering 1,150 sq ft of comfortable living space in a thriving Detroit community. The newly renovated kitchen features modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. Natural light fills the spacious layout, creating a warm and inviting atmosphere throughout. This home offers the perfect balance of charm, functionality, and value. Conveniently located near shopping, schools, and major freeways. Don't miss your opportunity to own this Detroit gem -- schedule your private showing today.
-
2026-03-31price $124,900
Show marketing remark (597 chars)
Welcome to this beautifully updated 3-bedroom, 1-bath home offering 1,150 sq ft of comfortable living space in a thriving Detroit community. The newly renovated kitchen features modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. Natural light fills the spacious layout, creating a warm and inviting atmosphere throughout. This home offers the perfect balance of charm, functionality, and value. Conveniently located near shopping, schools, and major freeways. Don't miss your opportunity to own this Detroit gem -- schedule your private showing today.
-
2026-03-15price $129,900 597-char remark
Show marketing remark (597 chars)
Welcome to this beautifully updated 3-bedroom, 1-bath home offering 1,150 sq ft of comfortable living space in a thriving Detroit community. The newly renovated kitchen features modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. Natural light fills the spacious layout, creating a warm and inviting atmosphere throughout. This home offers the perfect balance of charm, functionality, and value. Conveniently located near shopping, schools, and major freeways. Don't miss your opportunity to own this Detroit gem -- schedule your private showing today.
-
2026-03-14price $129,900 597-char remark
Show marketing remark (597 chars)
Welcome to this beautifully updated 3-bedroom, 1-bath home offering 1,150 sq ft of comfortable living space in a thriving Detroit community. The newly renovated kitchen features modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. Natural light fills the spacious layout, creating a warm and inviting atmosphere throughout. This home offers the perfect balance of charm, functionality, and value. Conveniently located near shopping, schools, and major freeways. Don't miss your opportunity to own this Detroit gem -- schedule your private showing today.
-
2026-03-14price $129,900
Show marketing remark (597 chars)
Welcome to this beautifully updated 3-bedroom, 1-bath home offering 1,150 sq ft of comfortable living space in a thriving Detroit community. The newly renovated kitchen features modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. Natural light fills the spacious layout, creating a warm and inviting atmosphere throughout. This home offers the perfect balance of charm, functionality, and value. Conveniently located near shopping, schools, and major freeways. Don't miss your opportunity to own this Detroit gem -- schedule your private showing today.
-
2026-03-05$139,900 Active 597-char remark
Show marketing remark (597 chars)
Welcome to this beautifully updated 3-bedroom, 1-bath home offering 1,150 sq ft of comfortable living space in a thriving Detroit community. The newly renovated kitchen features modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. Natural light fills the spacious layout, creating a warm and inviting atmosphere throughout. This home offers the perfect balance of charm, functionality, and value. Conveniently located near shopping, schools, and major freeways. Don't miss your opportunity to own this Detroit gem -- schedule your private showing today.
-
2026-03-05$139,900 Active
Show marketing remark (597 chars)
Welcome to this beautifully updated 3-bedroom, 1-bath home offering 1,150 sq ft of comfortable living space in a thriving Detroit community. The newly renovated kitchen features modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. Natural light fills the spacious layout, creating a warm and inviting atmosphere throughout. This home offers the perfect balance of charm, functionality, and value. Conveniently located near shopping, schools, and major freeways. Don't miss your opportunity to own this Detroit gem -- schedule your private showing today.
-
2026-03-05$139,900 Active 597-char remark
Show marketing remark (597 chars)
Welcome to this beautifully updated 3-bedroom, 1-bath home offering 1,150 sq ft of comfortable living space in a thriving Detroit community. The newly renovated kitchen features modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. Natural light fills the spacious layout, creating a warm and inviting atmosphere throughout. This home offers the perfect balance of charm, functionality, and value. Conveniently located near shopping, schools, and major freeways. Don't miss your opportunity to own this Detroit gem -- schedule your private showing today.
-
2026-02-28historical $139,900 597-char remark
Show marketing remark (597 chars)
Welcome to this beautifully updated 3-bedroom, 1-bath home offering 1,150 sq ft of comfortable living space in a thriving Detroit community. The newly renovated kitchen features modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. Natural light fills the spacious layout, creating a warm and inviting atmosphere throughout. This home offers the perfect balance of charm, functionality, and value. Conveniently located near shopping, schools, and major freeways. Don't miss your opportunity to own this Detroit gem -- schedule your private showing today.
-
2026-02-28historical $139,900
Show marketing remark (597 chars)
Welcome to this beautifully updated 3-bedroom, 1-bath home offering 1,150 sq ft of comfortable living space in a thriving Detroit community. The newly renovated kitchen features modern finishes and ample cabinet space, making it perfect for everyday living and entertaining. Natural light fills the spacious layout, creating a warm and inviting atmosphere throughout. This home offers the perfect balance of charm, functionality, and value. Conveniently located near shopping, schools, and major freeways. Don't miss your opportunity to own this Detroit gem -- schedule your private showing today.
-
2009-11-04historical
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2009-11-04historical
-
2009-10-19$9,900
-
2009-10-19$9,900
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2009-10-19historical
-
2009-10-19historical
-
2009-09-11$9,900
-
2009-09-11$14,900
ⓘ 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 3/10 Moderate 7 d/yr ≥95°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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,414
- − Mortgage interest
- −$6,996
- − Property taxes
- −$1,874
- − Insurance
- −$624
- − Repairs & maintenance
- −$1,313
- − Management
- −$1,313
- − Depreciation
- −$3,633
- Taxable income
- $660
- Est. tax owed @ 24.0%
- −$158
- After-tax cash flow
- $2,451/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
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)
- 39,668
- Household income
- $44,856
- Rent vs Own
- Severe rent burden
- 2515.0
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 (88%)
- Race & ethnicity
- Black 88% White 8% Two or more races 3% Hispanic / Latino 1%
- Common ancestry
- Iranian 1% Romanian 1% Lithuanian 1%
- Foreign-born
- 1%
- Languages at home
- 97% English-only · Spanish 2%
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
- ▼ -226.38%
- Current HPI
- 161.886
- Rent YoY
- ▲ 0.73%
- 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
+1161.6% since first listed22 events — show timeline
- 2026-04-13 Pending — MiRealSource-MiMLS
- 2026-04-13 Pending — REALCOMP
- 2026-04-13 Pending — SW Michigan MLS
- 2026-03-31 Price Changed $124,900 MiRealSource-MiMLS
- 2026-03-31 Price Changed $124,900 REALCOMP
- 2026-03-31 Price Changed $124,900 SW Michigan MLS
- 2026-03-15 Price Changed $129,900 MiRealSource-MiMLS
- 2026-03-14 Price Changed $129,900 REALCOMP
- 2026-03-14 Price Changed $129,900 SW Michigan MLS
- 2026-03-05 Listed $139,900 REALCOMP
- 2026-03-05 Listed $139,900 SW Michigan MLS
- 2026-03-05 Listed $139,900 MiRealSource-MiMLS
- 2026-02-28 Coming Soon $139,900 MiRealSource-MiMLS
- 2026-02-28 Coming Soon $139,900 SW Michigan MLS
- 2009-11-04 Listing Removed — MiRealSource-MiMLS
- 2009-11-04 Listing Removed — REALCOMP
- 2009-10-19 Listing Removed — REALCOMP
- 2009-10-19 Listing Removed — MiRealSource-MiMLS
- 2009-10-19 Listed $9,900 MiRealSource-MiMLS
- 2009-10-19 Listed $9,900 REALCOMP
- 2009-09-11 Listed $14,900 REALCOMP
- 2009-09-11 Listed $9,900 MiRealSource-MiMLS
Property tax history
-59.8%/yrLatest (2016): $240 · -83.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…