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8410 Northfield Blvd
D+ Composite 48.43
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 +15.1/30.0
  • ARV discount +12.6/15.0
  • DSCR +4.6/10.0
  • Livability +4.2/5.0
  • 1% rule +3.8/10.0
  • Rent growth +3.2/5.0
  • Schools +2.5/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$275,000

8410 Northfield Blvd · Oak Park, MI 48237
3 bd · 1.5 ba · 1,525 sqft · SingleFamily public records · 13 Days on market
Built 1952 6,098 sqft lot $180/sqft · 18% above area Est $310k · 11% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

* * Seller has received multiple offers, Highest and Best Due 5/3 at 12:00PM. * * 8410 Northfield Blvd is an updated, move-in-ready brick ranch in one of Oak Park's most walkable neighborhoods. The open living and dining area has hardwood floors, a large picture window, and recessed lighting. The kitchen has been updated with white shaker cabinets, granite counters, a subway tile backsplash with mosaic accents, stainless steel appliances, and a gas range, and opens into a dining nook with a statement chandelier. All three bedrooms have hardwood floors and ceiling fans. The main bathroom has been refreshed with subway tile and updated fixtures. The finished basement nearly doubles the living space, with a large family room, a flex area with built-in shelving, a second full bathroom, and a dedicated laundry area. The fully fenced backyard includes a large concrete patio, a mature arborvitae privacy line, a fire pit area, and a modern storage shed. The home is in the Ferndale School District, within walking distance of the new Upper and Lower Elementary schools, several parks, and Oak Park's new dog park. It's a quick drive to downtown Ferndale, Royal Oak, Detroit, and major freeways, and sits just across I-696 from the Detroit Zoo and steps from the Nine Mile corridor with its bike lanes, pocket parks, and public art. This home offers the perfect blend of comfort, style, and location. Welcome home.

Key facts

  • 6,098 sq ft lot
  • Built 1952
  • Listed 13 days

Property features AI

Finance

  • Other: Lot dimensions approximately 67.6 x 88 (0.14 acres)
  • Financial info: Information not provided
  • HOA & community: Information not provided

Exterior

  • Parking: No garage
  • Security: Information not provided
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; One level; Ground-level entry with steps; Brick and vinyl siding exterior; Faces information not provided
  • Construction: Asphalt roof; Block foundation; Built with brick and vinyl siding
  • Exterior features: Patio; Porch; Back yard fencing (fenced); Paved road

Interior

  • Kitchen: Free-standing gas range; Free-standing refrigerator; Microwave
  • Bedrooms: Information not provided
  • Flooring: Information not provided
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Forced air heating (natural gas); Central air; Ceiling fans
  • Interior features: Gas water heater; Partially finished basement; Laundry room; 7 total rooms
  • Laundry & utility: Washer; Dryer

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.5-bath single-family listed at $275k.

Deal economics

  • At list price, monthly cash flow is $89 ($1k/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 $242k (12.0% below list).
  • Recommended offer: $242k (12.0% below list) — sets the bar for 1% rule.
  • Cap rate 6.7% vs local median 4.9% in Oak Park — 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 83/100 on livability (#41 in MI, #888 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D+, crime D.
  • Ferndale Public Schools (suburban): math 18% / reading 39% proficiency, ranked #366 of 540 in MI (top 68%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Zoned schools: Ferndale Lower Elementary Campus (476 students, 53% FRL); Ferndale Middle School (math 13% / reading 35%, grade F, #396 of 493 statewide, top 81%, 540 students, 62% FRL); Ferndale High School (math 32% / reading 57%, grade F, #214 of 713 statewide, top 36%, 712 students, 58% FRL).
  • Market conditions: Rents rising (+2.7%/yr); 87 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
  • This rent runs 41% of the median local income ($72k/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 $2k of loan paydown is wiped out by about $8k 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

  • Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
  • 7 sale attempts since 25y 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.

Risks & watch-outs

  • Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $242,005 (12.0% below list)

Questions for the listing agent

  1. Built in 1952 — 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. Crime grade is D 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?
  4. 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?
  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
0.88%
Cap rate
6.68%
Cash-on-cash
1.38%
DSCR
1.06
GRM
9.5

CMA / ARV

ARV (median comp)
$310,019
List price
$275,000
Delta
-11.30%
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
8441 Northfield Blvd 0.04mi 3/2.0 1,652 (+8%) 1mo $300,000 $182 81
24070 Rosewood St 0.30mi 3/2.0 1,630 (+7%) 3mo $235,000 $144 70
86 Oakdale Blvd 0.16mi 2/2.0 (-1) 1,700 (+12%) 2mo $400,000 $235 64
23045 Sherman St 0.61mi 3/1.0 1,468 (-4%) 1mo $226,000 $154 62
24110 Rensselaer St 0.67mi 3/2.0 1,500 (-2%) 3mo $371,000 $247 62
38 Maplefield Rd 0.22mi 2/2.0 (-1) 1,700 (+12%) 3mo $415,000 $244 61
1915 Central St 0.61mi 3/1.0 1,624 (+6%) 2mo $280,000 $172 57
5 Woodside Park Blvd 0.41mi 3/1.5 1,742 (+14%) 1mo $488,000 $280 56
429 W Drayton St 0.69mi 3/1.5 1,660 (+9%) 1mo $450,000 $271 53
1705 W Troy St 0.75mi 3/2.0 1,674 (+10%) 2mo $322,000 $192 45
23041 Roanoke Ave 0.63mi 3/2.0 1,742 (+14%) 3mo $210,000 $121 43
23490 Seneca St 0.70mi 3/1.0 1,728 (+13%) 3mo $259,000 $150 41

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

Projected returns pro-forma

-3.0% appreciation · 2.71% rent growth · sell at horizon

5-year hold
IRR
-14.4%
Equity multiple
0.49×
Total profit
$-39,636
Equity at exit
$41,003
10-year hold
IRR
-6.2%
Equity multiple
0.61×
Total profit
$-30,168
Equity at exit
$23,777

Cash invested: $77,000 (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.

ZIP-level market 48237

Rents YoY
2.7%
Active inventory
87
Price-to-rent
9.5×

Monthly cashflow live

Estimated rent
$2,420 high interval (Pro) →
Mortgage (P&I)
$1,442
Tax from tax record
$267 /mo · $3,199/yr
Insurance
$115
HOA
$0
Vacancy / Maint / Mgmt
$508
Net cashflow
$89

Break-even live

Break-even rent $2,308
Max offer price $275,000
Occupancy floor 91%

Sensitivity live

Price -10% $244 -5% $166 +0% $89 +5% $11 +10% $-67
Rent -10% $-103 -5% $-7 +0% $89 +5% $184 +10% $280
Rate -1.0pp $227 -0.5pp $159 base $89 +0.5pp $17 +1.0pp $-55

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
$68,750
Closing costs
$8,250
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 20 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
24540 Pinehurst Ave Unit 1 Oak Park, MI 2.0 3.0 1272 $2,500 $1.97 0d 1 0.48mi
23511 Majestic St Oak Park, MI 3.0 1.0 1100 $1,750 $1.59 26d 1 0.55mi
25090 Woodward Ave Royal Oak, MI 1.0–3.0 1.0–2.5 1139 $4,195 $3.68 0d 11 0.74mi
24051 Geneva St Oak Park, MI 3.0 1.5 2052 $1,800 $0.88 45d 1 0.75mi
1337 S Washington Ave Royal Oak, MI 2.0 2.0 1380 $2,350 $1.70 0d 1 0.78mi
159 Allenhurst Ave Royal Oak, MI 3.0 2.0 1955 $2,700 $1.38 0d 1 0.79mi
1557 Leroy St Ferndale, MI 3.0 2.0 1380 $2,523 $1.83 6d 1 0.95mi
1100 S Main St Royal Oak, MI 1.0–2.0 1.0–2.0 1179 $6,000 $5.09 0d 3 0.96mi
1572 Maryland Club Dr Royal Oak, MI 2.0 2.0 1477 $2,450 $1.66 4d 1 1.07mi
1230 Diamond Ct Unit E Royal Oak, MI 2.0 2.0 1212 $2,800 $2.31 26d 1 1.15mi
1605 Anne Dr Royal Oak, MI 2.0 3.5 1814 $2,900 $1.60 4d 1 1.18mi
610 W 4th St Royal Oak, MI 3.0 2.5 1700 $2,400 $1.41 0d 1 1.24mi
100 W 5th St Royal Oak, MI 2.0 2.0 1283 $3,015 $2.35 6d 2 1.31mi
100 W 5th St Royal Oak, MI 2.0 2.0 1119 $3,200 $2.86 26d 2 1.31mi
325 E 6th St Unit 325-10 Royal Oak, MI 2.0 1.5 1400 $1,895 $1.35 6d 1 1.38mi
674 W Eleven Mile Rd Unit 4B Royal Oak, MI 2.0 2.5 1577 $2,700 $1.71 11d 1 1.40mi
2705 Inman St Ferndale, MI 3.0 2.5 1429 $3,195 $2.24 0d 1 1.42mi
631 Shasta Pl Ferndale, MI 3.0 2.0 1317 $2,100 $1.59 45d 1 1.43mi
695 Livernois St Unit 1 Ferndale, MI 2.0 2.0 1500 $2,750 $1.83 14d 1 1.44mi
1031 N Sherman Dr Unit A Royal Oak, MI 3.0 2.5 1500 $3,000 $2.00 3d 1 1.46mi

Listing history 23 events

  1. 2026-05-12
    status Pending 1422-char remark
    Show marketing remark (1422 chars)

    * * Seller has received multiple offers, Highest and Best Due 5/3 at 12:00PM. * * 8410 Northfield Blvd is an updated, move-in-ready brick ranch in one of Oak Park's most walkable neighborhoods. The open living and dining area has hardwood floors, a large picture window, and recessed lighting. The kitchen has been updated with white shaker cabinets, granite counters, a subway tile backsplash with mosaic accents, stainless steel appliances, and a gas range, and opens into a dining nook with a statement chandelier. All three bedrooms have hardwood floors and ceiling fans. The main bathroom has been refreshed with subway tile and updated fixtures. The finished basement nearly doubles the living space, with a large family room, a flex area with built-in shelving, a second full bathroom, and a dedicated laundry area. The fully fenced backyard includes a large concrete patio, a mature arborvitae privacy line, a fire pit area, and a modern storage shed. The home is in the Ferndale School District, within walking distance of the new Upper and Lower Elementary schools, several parks, and Oak Park's new dog park. It's a quick drive to downtown Ferndale, Royal Oak, Detroit, and major freeways, and sits just across I-696 from the Detroit Zoo and steps from the Nine Mile corridor with its bike lanes, pocket parks, and public art. This home offers the perfect blend of comfort, style, and location. Welcome home.

  2. 2026-05-12
    status Pending 1422-char remark
    Show marketing remark (1422 chars)

    * * Seller has received multiple offers, Highest and Best Due 5/3 at 12:00PM. * * 8410 Northfield Blvd is an updated, move-in-ready brick ranch in one of Oak Park's most walkable neighborhoods. The open living and dining area has hardwood floors, a large picture window, and recessed lighting. The kitchen has been updated with white shaker cabinets, granite counters, a subway tile backsplash with mosaic accents, stainless steel appliances, and a gas range, and opens into a dining nook with a statement chandelier. All three bedrooms have hardwood floors and ceiling fans. The main bathroom has been refreshed with subway tile and updated fixtures. The finished basement nearly doubles the living space, with a large family room, a flex area with built-in shelving, a second full bathroom, and a dedicated laundry area. The fully fenced backyard includes a large concrete patio, a mature arborvitae privacy line, a fire pit area, and a modern storage shed. The home is in the Ferndale School District, within walking distance of the new Upper and Lower Elementary schools, several parks, and Oak Park's new dog park. It's a quick drive to downtown Ferndale, Royal Oak, Detroit, and major freeways, and sits just across I-696 from the Detroit Zoo and steps from the Nine Mile corridor with its bike lanes, pocket parks, and public art. This home offers the perfect blend of comfort, style, and location. Welcome home.

  3. 2026-05-04
    historical Accepting Backup Offers 1422-char remark
    Show marketing remark (1422 chars)

    * * Seller has received multiple offers, Highest and Best Due 5/3 at 12:00PM. * * 8410 Northfield Blvd is an updated, move-in-ready brick ranch in one of Oak Park's most walkable neighborhoods. The open living and dining area has hardwood floors, a large picture window, and recessed lighting. The kitchen has been updated with white shaker cabinets, granite counters, a subway tile backsplash with mosaic accents, stainless steel appliances, and a gas range, and opens into a dining nook with a statement chandelier. All three bedrooms have hardwood floors and ceiling fans. The main bathroom has been refreshed with subway tile and updated fixtures. The finished basement nearly doubles the living space, with a large family room, a flex area with built-in shelving, a second full bathroom, and a dedicated laundry area. The fully fenced backyard includes a large concrete patio, a mature arborvitae privacy line, a fire pit area, and a modern storage shed. The home is in the Ferndale School District, within walking distance of the new Upper and Lower Elementary schools, several parks, and Oak Park's new dog park. It's a quick drive to downtown Ferndale, Royal Oak, Detroit, and major freeways, and sits just across I-696 from the Detroit Zoo and steps from the Nine Mile corridor with its bike lanes, pocket parks, and public art. This home offers the perfect blend of comfort, style, and location. Welcome home.

  4. 2026-05-04
    historical Active Under Contract 1422-char remark
    Show marketing remark (1422 chars)

    * * Seller has received multiple offers, Highest and Best Due 5/3 at 12:00PM. * * 8410 Northfield Blvd is an updated, move-in-ready brick ranch in one of Oak Park's most walkable neighborhoods. The open living and dining area has hardwood floors, a large picture window, and recessed lighting. The kitchen has been updated with white shaker cabinets, granite counters, a subway tile backsplash with mosaic accents, stainless steel appliances, and a gas range, and opens into a dining nook with a statement chandelier. All three bedrooms have hardwood floors and ceiling fans. The main bathroom has been refreshed with subway tile and updated fixtures. The finished basement nearly doubles the living space, with a large family room, a flex area with built-in shelving, a second full bathroom, and a dedicated laundry area. The fully fenced backyard includes a large concrete patio, a mature arborvitae privacy line, a fire pit area, and a modern storage shed. The home is in the Ferndale School District, within walking distance of the new Upper and Lower Elementary schools, several parks, and Oak Park's new dog park. It's a quick drive to downtown Ferndale, Royal Oak, Detroit, and major freeways, and sits just across I-696 from the Detroit Zoo and steps from the Nine Mile corridor with its bike lanes, pocket parks, and public art. This home offers the perfect blend of comfort, style, and location. Welcome home.

  5. 2026-04-30
    listed $275,000 Active 1422-char remark
    Show marketing remark (1422 chars)

    * * Seller has received multiple offers, Highest and Best Due 5/3 at 12:00PM. * * 8410 Northfield Blvd is an updated, move-in-ready brick ranch in one of Oak Park's most walkable neighborhoods. The open living and dining area has hardwood floors, a large picture window, and recessed lighting. The kitchen has been updated with white shaker cabinets, granite counters, a subway tile backsplash with mosaic accents, stainless steel appliances, and a gas range, and opens into a dining nook with a statement chandelier. All three bedrooms have hardwood floors and ceiling fans. The main bathroom has been refreshed with subway tile and updated fixtures. The finished basement nearly doubles the living space, with a large family room, a flex area with built-in shelving, a second full bathroom, and a dedicated laundry area. The fully fenced backyard includes a large concrete patio, a mature arborvitae privacy line, a fire pit area, and a modern storage shed. The home is in the Ferndale School District, within walking distance of the new Upper and Lower Elementary schools, several parks, and Oak Park's new dog park. It's a quick drive to downtown Ferndale, Royal Oak, Detroit, and major freeways, and sits just across I-696 from the Detroit Zoo and steps from the Nine Mile corridor with its bike lanes, pocket parks, and public art. This home offers the perfect blend of comfort, style, and location. Welcome home.

  6. 2026-04-30
    listed $275,000 Active 1422-char remark
    Show marketing remark (1422 chars)

    * * Seller has received multiple offers, Highest and Best Due 5/3 at 12:00PM. * * 8410 Northfield Blvd is an updated, move-in-ready brick ranch in one of Oak Park's most walkable neighborhoods. The open living and dining area has hardwood floors, a large picture window, and recessed lighting. The kitchen has been updated with white shaker cabinets, granite counters, a subway tile backsplash with mosaic accents, stainless steel appliances, and a gas range, and opens into a dining nook with a statement chandelier. All three bedrooms have hardwood floors and ceiling fans. The main bathroom has been refreshed with subway tile and updated fixtures. The finished basement nearly doubles the living space, with a large family room, a flex area with built-in shelving, a second full bathroom, and a dedicated laundry area. The fully fenced backyard includes a large concrete patio, a mature arborvitae privacy line, a fire pit area, and a modern storage shed. The home is in the Ferndale School District, within walking distance of the new Upper and Lower Elementary schools, several parks, and Oak Park's new dog park. It's a quick drive to downtown Ferndale, Royal Oak, Detroit, and major freeways, and sits just across I-696 from the Detroit Zoo and steps from the Nine Mile corridor with its bike lanes, pocket parks, and public art. This home offers the perfect blend of comfort, style, and location. Welcome home.

  7. 2026-04-27
    historical $275,000 1422-char remark
    Show marketing remark (1422 chars)

    * * Seller has received multiple offers, Highest and Best Due 5/3 at 12:00PM. * * 8410 Northfield Blvd is an updated, move-in-ready brick ranch in one of Oak Park's most walkable neighborhoods. The open living and dining area has hardwood floors, a large picture window, and recessed lighting. The kitchen has been updated with white shaker cabinets, granite counters, a subway tile backsplash with mosaic accents, stainless steel appliances, and a gas range, and opens into a dining nook with a statement chandelier. All three bedrooms have hardwood floors and ceiling fans. The main bathroom has been refreshed with subway tile and updated fixtures. The finished basement nearly doubles the living space, with a large family room, a flex area with built-in shelving, a second full bathroom, and a dedicated laundry area. The fully fenced backyard includes a large concrete patio, a mature arborvitae privacy line, a fire pit area, and a modern storage shed. The home is in the Ferndale School District, within walking distance of the new Upper and Lower Elementary schools, several parks, and Oak Park's new dog park. It's a quick drive to downtown Ferndale, Royal Oak, Detroit, and major freeways, and sits just across I-696 from the Detroit Zoo and steps from the Nine Mile corridor with its bike lanes, pocket parks, and public art. This home offers the perfect blend of comfort, style, and location. Welcome home.

  8. 2017-07-21
    soldstatus $153,500 Sold
    Show marketing remark (662 chars)

    COMPLETELY REMODELED 3 BEDROOM 2 BATH HOME WITH NEW KITCHEN AND BATHROOM. REFINISHED HARDWOOD FLOORS AND FRESHLY PAINTED THRU-OUT. NEW KITCHEN CABINETS WITH GRANITE AND TITLE BACK-SPLASH. NEW DOORS THRU OUT. PARTIALLY FINISHED BASEMENT WITH FULL BATH. NOTHING TO DO BUT MOVE IN. * * * OWNER OCCUPANTS ONLY * * * PRE-APPROVAL LETTERS STATE THAT INCOME, ASSETS, AND CREDIT HAVE BEEN VERIFIED AND THAT THE PURCHASER HAS PASSED AUTOMATED UNDERWRITING PREFERRED. SEE ATTACHED AREA INCOME LIMITS. SELLING AGENT TO VERIFY ALL INFORMATION. COMMISSION IS NOT PAID ON SELLERS COMMISSION, IF APPLICABLE. SELLING AGENT TO ORDER FINAL WATER READING. PLEASE REMOVE SHOES.

  9. 2017-07-21
    soldstatus $153,500 Closed
    Show marketing remark (662 chars)

    COMPLETELY REMODELED 3 BEDROOM 2 BATH HOME WITH NEW KITCHEN AND BATHROOM. REFINISHED HARDWOOD FLOORS AND FRESHLY PAINTED THRU-OUT. NEW KITCHEN CABINETS WITH GRANITE AND TITLE BACK-SPLASH. NEW DOORS THRU OUT. PARTIALLY FINISHED BASEMENT WITH FULL BATH. NOTHING TO DO BUT MOVE IN. * * * OWNER OCCUPANTS ONLY * * * PRE-APPROVAL LETTERS STATE THAT INCOME, ASSETS, AND CREDIT HAVE BEEN VERIFIED AND THAT THE PURCHASER HAS PASSED AUTOMATED UNDERWRITING PREFERRED. SEE ATTACHED AREA INCOME LIMITS. SELLING AGENT TO VERIFY ALL INFORMATION. COMMISSION IS NOT PAID ON SELLERS COMMISSION, IF APPLICABLE. SELLING AGENT TO ORDER FINAL WATER READING. PLEASE REMOVE SHOES.

  10. 2017-06-08
    status Pending
    Show marketing remark (662 chars)

    COMPLETELY REMODELED 3 BEDROOM 2 BATH HOME WITH NEW KITCHEN AND BATHROOM. REFINISHED HARDWOOD FLOORS AND FRESHLY PAINTED THRU-OUT. NEW KITCHEN CABINETS WITH GRANITE AND TITLE BACK-SPLASH. NEW DOORS THRU OUT. PARTIALLY FINISHED BASEMENT WITH FULL BATH. NOTHING TO DO BUT MOVE IN. * * * OWNER OCCUPANTS ONLY * * * PRE-APPROVAL LETTERS STATE THAT INCOME, ASSETS, AND CREDIT HAVE BEEN VERIFIED AND THAT THE PURCHASER HAS PASSED AUTOMATED UNDERWRITING PREFERRED. SEE ATTACHED AREA INCOME LIMITS. SELLING AGENT TO VERIFY ALL INFORMATION. COMMISSION IS NOT PAID ON SELLERS COMMISSION, IF APPLICABLE. SELLING AGENT TO ORDER FINAL WATER READING. PLEASE REMOVE SHOES.

  11. 2017-06-08
    status Pending
    Show marketing remark (662 chars)

    COMPLETELY REMODELED 3 BEDROOM 2 BATH HOME WITH NEW KITCHEN AND BATHROOM. REFINISHED HARDWOOD FLOORS AND FRESHLY PAINTED THRU-OUT. NEW KITCHEN CABINETS WITH GRANITE AND TITLE BACK-SPLASH. NEW DOORS THRU OUT. PARTIALLY FINISHED BASEMENT WITH FULL BATH. NOTHING TO DO BUT MOVE IN. * * * OWNER OCCUPANTS ONLY * * * PRE-APPROVAL LETTERS STATE THAT INCOME, ASSETS, AND CREDIT HAVE BEEN VERIFIED AND THAT THE PURCHASER HAS PASSED AUTOMATED UNDERWRITING PREFERRED. SEE ATTACHED AREA INCOME LIMITS. SELLING AGENT TO VERIFY ALL INFORMATION. COMMISSION IS NOT PAID ON SELLERS COMMISSION, IF APPLICABLE. SELLING AGENT TO ORDER FINAL WATER READING. PLEASE REMOVE SHOES.

  12. 2017-06-02
    listed $159,900 Active
    Show marketing remark (662 chars)

    COMPLETELY REMODELED 3 BEDROOM 2 BATH HOME WITH NEW KITCHEN AND BATHROOM. REFINISHED HARDWOOD FLOORS AND FRESHLY PAINTED THRU-OUT. NEW KITCHEN CABINETS WITH GRANITE AND TITLE BACK-SPLASH. NEW DOORS THRU OUT. PARTIALLY FINISHED BASEMENT WITH FULL BATH. NOTHING TO DO BUT MOVE IN. * * * OWNER OCCUPANTS ONLY * * * PRE-APPROVAL LETTERS STATE THAT INCOME, ASSETS, AND CREDIT HAVE BEEN VERIFIED AND THAT THE PURCHASER HAS PASSED AUTOMATED UNDERWRITING PREFERRED. SEE ATTACHED AREA INCOME LIMITS. SELLING AGENT TO VERIFY ALL INFORMATION. COMMISSION IS NOT PAID ON SELLERS COMMISSION, IF APPLICABLE. SELLING AGENT TO ORDER FINAL WATER READING. PLEASE REMOVE SHOES.

  13. 2017-06-02
    listed $159,900 Active
    Show marketing remark (662 chars)

    COMPLETELY REMODELED 3 BEDROOM 2 BATH HOME WITH NEW KITCHEN AND BATHROOM. REFINISHED HARDWOOD FLOORS AND FRESHLY PAINTED THRU-OUT. NEW KITCHEN CABINETS WITH GRANITE AND TITLE BACK-SPLASH. NEW DOORS THRU OUT. PARTIALLY FINISHED BASEMENT WITH FULL BATH. NOTHING TO DO BUT MOVE IN. * * * OWNER OCCUPANTS ONLY * * * PRE-APPROVAL LETTERS STATE THAT INCOME, ASSETS, AND CREDIT HAVE BEEN VERIFIED AND THAT THE PURCHASER HAS PASSED AUTOMATED UNDERWRITING PREFERRED. SEE ATTACHED AREA INCOME LIMITS. SELLING AGENT TO VERIFY ALL INFORMATION. COMMISSION IS NOT PAID ON SELLERS COMMISSION, IF APPLICABLE. SELLING AGENT TO ORDER FINAL WATER READING. PLEASE REMOVE SHOES.

  14. 2007-09-24
    soldstatus $114,900
  15. 2007-07-31
    soldstatus $114,900
  16. 2007-07-31
    soldstatus $114,900
  17. 2007-07-16
    historical
  18. 2007-05-16
    listed $114,900
  19. 2007-05-15
    listed $114,900
  20. 2002-02-26
    soldstatus $95,000
  21. 2002-01-25
    soldstatus $95,000
  22. 2002-01-04
    historical
  23. 2001-12-18
    listed $110,000

ⓘ 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
$3,199 · $267/mo
Projected year-2 tax
$3,717 · $310/mo
Expected delta
+$518/yr (+$43/mo · 16.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 6 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
$29,041
− Mortgage interest
−$15,404
− Property taxes
−$3,199
− Insurance
−$1,375
− Repairs & maintenance
−$2,323
− Management
−$2,323
− Depreciation
−$8,000
Taxable loss
−$3,584
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$860
After-tax cash flow
$1,923/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
Ferndale Public Schools
NCES district ID
2614280
Math proficiency
18% ▼ -3.00%
Reading proficiency
39% ▲ 5.00%
Median HH income
$56,069
Composite
25.46/100
National rank
#7449
State rank
#366 of 540 in MI

Livability — Oak Park

Score
83/100
State rank
#41
US rank
#888

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Oak Park, MI
County
Oakland County · 1,009,092 people
City population
29,318
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
29,318
Household income
$71,510
Rent vs Own
36.7% rent · 63.3% own
Severe rent burden
960.0

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
Diverse neighborhood (Simpson 0.59)
Race & ethnicity
Black 53% White 36% Two or more races 6% Asian 3% Hispanic / Latino 1%
Common ancestry
Romanian 4% Scotch-Irish 3% Slovak 1%
Foreign-born
8% · Vietnam, Canada, South Korea
Languages at home
90% English-only · Russian/Polish/Slavic 3% Arabic 1% Vietnamese 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
▼ -336.34%
Current HPI
229.1148
Rent YoY
▲ 2.71%
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

Price history

+160.0% since first listed
24 events — show timeline
  • 2026-05-27 Sold (Public Records) $286,000 Public Records
  • 2026-05-12 Pending REALCOMP
  • 2026-05-12 Pending MiRealSource-MiMLS
  • 2026-05-04 Contingent MiRealSource-MiMLS
  • 2026-05-04 Contingent REALCOMP
  • 2026-04-30 Listed $275,000 MiRealSource-MiMLS
  • 2026-04-30 Listed $275,000 REALCOMP
  • 2026-04-27 Coming Soon $275,000 MiRealSource-MiMLS
  • 2017-07-21 Sold (MLS) $153,500 MiRealSource-MiMLS
  • 2017-07-21 Sold (MLS) $153,500 REALCOMP
  • 2017-06-08 Pending MiRealSource-MiMLS
  • 2017-06-08 Pending REALCOMP
  • 2017-06-02 Listed $159,900 MiRealSource-MiMLS
  • 2017-06-02 Listed $159,900 REALCOMP
  • 2007-09-24 Sold (Public Records) $114,900 Public Records
  • 2007-07-31 Sold (MLS) $114,900 REALCOMP
  • 2007-07-31 Sold (MLS) $114,900 MiRealSource-MiMLS
  • 2007-07-16 Listing Removed MiRealSource-MiMLS
  • 2007-05-16 Listed $114,900 MiRealSource-MiMLS
  • 2007-05-15 Listed $114,900 REALCOMP
  • 2002-02-26 Sold (Public Records) $95,000 Public Records
  • 2002-01-25 Sold (MLS) $95,000 MiRealSource-MiMLS
  • 2002-01-04 Listing Removed MiRealSource-MiMLS
  • 2001-12-18 Listed $110,000 MiRealSource-MiMLS

Property tax history

+6.2%/yr

Latest (2025): $3,199 · +5.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…