16211 Maddelein St · Detroit, MI 48205

$135,000

4 bd · 1.0 ba · 1,294 sqft · SingleFamily public records · 71 Days on market

Built 1920 5,227 sqft lot

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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 +21.4/30.0
• ARV discount +7.5/15.0
• DSCR +6.8/10.0
• 1% rule +5.4/10.0
• Livability +3.7/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your beautifully renovated 4-bedroom, 2 and half-bath Bungalow nestled in the heart of Detroit. This charming home blends classic architecture with modern comfort, offering a serene retreat from city life. Upon entering, you're greeted by an inviting living space adorned with a cozy wood-burning stove perfect for chilly evenings and creating a warm ambiance. The kitchen is a chef's delight, boasting brand new appliances. Whether you're preparing a quick breakfast or hosting a dinner party, this space is designed to inspire culinary creativity. Outside, the home features a new roof and a newly installed furnace, ensuring peace of mind and efficiency for years to come. The backyard provides ample room for outdoor gatherings, gardening, or simply unwinding in your own private oasis. Located in a vibrant neighborhood in Detroit, this home combines convenience with community charm. Nearby amenities include shops, restaurants, parks, and easy access to transportation, making it an ideal place to call home. Don't miss the opportunity to make this fully renovated Home yours. Schedule a visit today and discover the perfect blend of comfort, style, and modern living in the heart of Detroit.

Key facts

• 5,227 sq ft lot
• Built 1920
• Listed 71 days

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $200 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $135k).
• Recommended offer: $127k (6.0% 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 rising (+1.3%/yr); 376 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 $933 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 71 days — a 6% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
• 15 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $126,900 (6.0% below list)

Questions for the listing agent

1. It's been on market 71 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.04% ✓
• Cap rate: 8.07%
• Cash-on-cash: 6.34%
• DSCR: 1.28
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $89,286
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18981 Kenosha St	0.41mi	3/1.5 (-1)	1,290 (-0%)	2mo	$77,500	$60	72
18933 Kenosha St	0.36mi	3/1.5 (-1)	1,258 (-3%)	2mo	$145,000	$115	69
16092 Manning St	0.29mi	3/1.5 (-1)	1,200 (-7%)	0mo	$20,000	$17	67
16286 E State Fair St	0.42mi	4/1.0	1,439 (+11%)	1mo	$99,900	$69	61
15430 Mapleridge St	0.71mi	4/1.5	1,320 (+2%)	1mo	$123,000	$93	60
19745 Kelly Rd Rd	0.42mi	3/1.0 (-1)	1,176 (-9%)	1mo	$105,000	$89	59
15416 Eastwood St	0.53mi	3/1.0 (-1)	1,211 (-6%)	2mo	$70,000	$58	58
16444 Edmore Dr	0.74mi	4/2.0	1,234 (-5%)	1mo	$50,000	$41	53
12519 Riad St	0.48mi	3/1.0 (-1)	1,135 (-12%)	0mo	$100,000	$88	52
19977 Cushing St	0.62mi	3/1.0 (-1)	1,188 (-8%)	2mo	$60,000	$51	50
12230 Lansdowne St	0.60mi	3/1.0 (-1)	1,426 (+10%)	3mo	$56,000	$39	48
11960 Rossiter St	0.68mi	3/1.0 (-1)	1,164 (-10%)	2mo	$84,000	$72	45

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 · 1.33% rent growth · sell at horizon

5-year hold

• IRR: -8.4%
• Equity multiple: 0.70×
• Total profit: $-11,483
• Equity at exit: $20,129

10-year hold

• IRR: -1.2%
• Equity multiple: 0.93×
• Total profit: $-2,828
• Equity at exit: $11,672

Cash invested: $37,800 (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 48205

• Home prices YoY: -28.1%
• Rents YoY: 1.3%
• Active inventory: 376
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,407 high
• Mortgage (P&I): −$708
• Tax from tax record: −$148 /mo · $1,775/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$296
• Net cashflow: $200

Break-even live

Break-even rent $1,155

Max offer price $135,000

Occupancy floor 81%

Sensitivity live

Price	-10% $276	-5% $238	+0% $200	+5% $161	+10% $123
Rent	-10% $88	-5% $144	+0% $200	+5% $255	+10% $311
Rate	-1.0pp $268	-0.5pp $234	base $200	+0.5pp $165	+1.0pp $129

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
18530 Kingsville St Harper Woods, MI	3.0	1.5	1396	$1,375	$0.98	18d	1	0.14mi
15909 Maddelein St Detroit, MI	3.0	1.0	894	$1,266	$1.42	44d	1	0.16mi
16225 Manning St Detroit, MI	4.0	2.0	1036	$1,475	$1.42	44d	1	0.29mi
15616 E 7 Mile Rd Detroit, MI	3.0	1.5	1150	$1,150	$1.00	18d	1	0.36mi
12716 Riad St Detroit, MI	3.0	1.0	974	$1,275	$1.31	18d	1	0.39mi
15604 Coram St Detroit, MI	3.0	1.0	1210	$1,000	$0.83	44d	1	0.39mi
19152 Woodside St Harper Woods, MI	3.0	1.0	916	$1,500	$1.64	18d	1	0.55mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	16d	1	0.61mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	44d	1	0.62mi
16291 Eastburn St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	25d	1	0.62mi
19365 Kingsville St Harper Woods, MI	4.0	1.5	996	$1,650	$1.66	15d	1	0.63mi
16242 Bringard Dr Detroit, MI	3.0	1.0	1350	$1,300	$0.96	6d	1	0.64mi
15494 Mapleridge St Detroit, MI	3.0	1.0	937	$1,275	$1.36	44d	1	0.69mi
19435 McCormick St Detroit, MI	3.0	2.0	1148	$1,300	$1.13	18d	1	0.70mi
19442 Kingsville St Harper Woods, MI	3.0	1.0	1000	$1,500	$1.50	18d	1	0.71mi
11776 Rossiter St Detroit, MI	3.0	1.0	964	$1,150	$1.19	12d	1	0.76mi
11911 Lansdowne St Detroit, MI	4.0	1.0	1350	$1,400	$1.04	44d	1	0.77mi
19661 Kenosha St Harper Woods, MI	3.0	2.0	1000	$1,400	$1.40	25d	1	0.82mi
11689 Wayburn St Detroit, MI	3.0	1.0	1142	$1,350	$1.18	44d	1	0.82mi
15503 Edmore Dr Detroit, MI	3.0	1.0	1285	$1,100	$0.86	44d	1	0.84mi
11620 Rossiter St Detroit, MI	3.0	1.0	1140	$1,200	$1.05	18d	1	0.86mi
14504 Coram St Detroit, MI	3.0	1.0	1203	$1,175	$0.98	25d	1	1.03mi
11235 Roxbury St Detroit, MI	3.0	1.0	1062	$1,325	$1.25	18d	1	1.04mi
14481 Maddelein St Detroit, MI	3.0	1.0	1200	$1,100	$0.92	44d	1	1.06mi
14461 Lappin St Detroit, MI	3.0	1.5	989	$1,150	$1.16	18d	1	1.08mi
15010 Cedargrove St Detroit, MI	3.0	1.5	1018	$1,350	$1.33	44d	1	1.09mi
10985 Peerless St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	6d	1	1.12mi
10870 Marne St Detroit, MI	3.0	1.0	1156	$1,100	$0.95	18d	1	1.21mi
10692 Meuse St Detroit, MI	3.0	1.0	955	$1,250	$1.31	13d	1	1.22mi
15000 Mayfield St Detroit, MI	3.0	1.0	1146	$970	$0.85	18d	1	1.26mi
10400 Britain St Detroit, MI	3.0	1.0	890	$1,100	$1.24	44d	1	1.28mi
10803 Roxbury St Detroit, MI	3.0	1.0	1150	$900	$0.78	21d	1	1.29mi
20461 Kingsville St Harper Woods, MI	4.0	1.0	1100	$1,399	$1.27	15d	1	1.30mi
10370 Britain St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	44d	1	1.30mi
20015 Lochmoor St Harper Woods, MI	3.0	1.0	1006	$1,500	$1.49	17d	1	1.36mi
10542 Lanark St Detroit, MI	3.0	1.0	1023	$1,250	$1.22	44d	1	1.38mi
11018 Whitehill St Detroit, MI	3.0	1.0	1146	$1,450	$1.27	11d	1	1.38mi
10030 Bishop St Detroit, MI	5.0	2.0	1721	$1,200	$0.70	18d	1	1.40mi
10404 Somerset Ave Detroit, MI	3.0	1.0	1108	$1,475	$1.33	4d	1	1.41mi
9313 Harvard Rd Detroit, MI	3.0	1.5	1329	$1,200	$0.90	18d	1	1.42mi

Listing history 35 events

1. 2025-02-12
   soldstatus $126,000
2. 2025-01-09
   status Pending 1210-char remark

   Show marketing remark (1210 chars)

   Welcome to your beautifully renovated 4-bedroom, 2 and half-bath Bungalow nestled in the heart of Detroit. This charming home blends classic architecture with modern comfort, offering a serene retreat from city life. Upon entering, you're greeted by an inviting living space adorned with a cozy wood-burning stove perfect for chilly evenings and creating a warm ambiance. The kitchen is a chef's delight, boasting brand new appliances. Whether you're preparing a quick breakfast or hosting a dinner party, this space is designed to inspire culinary creativity. Outside, the home features a new roof and a newly installed furnace, ensuring peace of mind and efficiency for years to come. The backyard provides ample room for outdoor gatherings, gardening, or simply unwinding in your own private oasis. Located in a vibrant neighborhood in Detroit, this home combines convenience with community charm. Nearby amenities include shops, restaurants, parks, and easy access to transportation, making it an ideal place to call home. Don't miss the opportunity to make this fully renovated Home yours. Schedule a visit today and discover the perfect blend of comfort, style, and modern living in the heart of Detroit.

3. 2025-01-09
   status Pending

   Show marketing remark (1210 chars)

   Welcome to your beautifully renovated 4-bedroom, 2 and half-bath Bungalow nestled in the heart of Detroit. This charming home blends classic architecture with modern comfort, offering a serene retreat from city life. Upon entering, you're greeted by an inviting living space adorned with a cozy wood-burning stove perfect for chilly evenings and creating a warm ambiance. The kitchen is a chef's delight, boasting brand new appliances. Whether you're preparing a quick breakfast or hosting a dinner party, this space is designed to inspire culinary creativity. Outside, the home features a new roof and a newly installed furnace, ensuring peace of mind and efficiency for years to come. The backyard provides ample room for outdoor gatherings, gardening, or simply unwinding in your own private oasis. Located in a vibrant neighborhood in Detroit, this home combines convenience with community charm. Nearby amenities include shops, restaurants, parks, and easy access to transportation, making it an ideal place to call home. Don't miss the opportunity to make this fully renovated Home yours. Schedule a visit today and discover the perfect blend of comfort, style, and modern living in the heart of Detroit.

4. 2024-12-21
   status Active 1210-char remark

   Show marketing remark (1210 chars)

   Welcome to your beautifully renovated 4-bedroom, 2 and half-bath Bungalow nestled in the heart of Detroit. This charming home blends classic architecture with modern comfort, offering a serene retreat from city life. Upon entering, you're greeted by an inviting living space adorned with a cozy wood-burning stove perfect for chilly evenings and creating a warm ambiance. The kitchen is a chef's delight, boasting brand new appliances. Whether you're preparing a quick breakfast or hosting a dinner party, this space is designed to inspire culinary creativity. Outside, the home features a new roof and a newly installed furnace, ensuring peace of mind and efficiency for years to come. The backyard provides ample room for outdoor gatherings, gardening, or simply unwinding in your own private oasis. Located in a vibrant neighborhood in Detroit, this home combines convenience with community charm. Nearby amenities include shops, restaurants, parks, and easy access to transportation, making it an ideal place to call home. Don't miss the opportunity to make this fully renovated Home yours. Schedule a visit today and discover the perfect blend of comfort, style, and modern living in the heart of Detroit.

5. 2024-12-21
   status Active

   Show marketing remark (1210 chars)

   Welcome to your beautifully renovated 4-bedroom, 2 and half-bath Bungalow nestled in the heart of Detroit. This charming home blends classic architecture with modern comfort, offering a serene retreat from city life. Upon entering, you're greeted by an inviting living space adorned with a cozy wood-burning stove perfect for chilly evenings and creating a warm ambiance. The kitchen is a chef's delight, boasting brand new appliances. Whether you're preparing a quick breakfast or hosting a dinner party, this space is designed to inspire culinary creativity. Outside, the home features a new roof and a newly installed furnace, ensuring peace of mind and efficiency for years to come. The backyard provides ample room for outdoor gatherings, gardening, or simply unwinding in your own private oasis. Located in a vibrant neighborhood in Detroit, this home combines convenience with community charm. Nearby amenities include shops, restaurants, parks, and easy access to transportation, making it an ideal place to call home. Don't miss the opportunity to make this fully renovated Home yours. Schedule a visit today and discover the perfect blend of comfort, style, and modern living in the heart of Detroit.

6. 2024-12-20
   historical Active Under Contract
7. 2024-12-17
   status Active
8. 2024-11-11
   historical Accepting Backup Offers 1210-char remark

   Show marketing remark (1210 chars)

   Welcome to your beautifully renovated 4-bedroom, 2 and half-bath Bungalow nestled in the heart of Detroit. This charming home blends classic architecture with modern comfort, offering a serene retreat from city life. Upon entering, you're greeted by an inviting living space adorned with a cozy wood-burning stove perfect for chilly evenings and creating a warm ambiance. The kitchen is a chef's delight, boasting brand new appliances. Whether you're preparing a quick breakfast or hosting a dinner party, this space is designed to inspire culinary creativity. Outside, the home features a new roof and a newly installed furnace, ensuring peace of mind and efficiency for years to come. The backyard provides ample room for outdoor gatherings, gardening, or simply unwinding in your own private oasis. Located in a vibrant neighborhood in Detroit, this home combines convenience with community charm. Nearby amenities include shops, restaurants, parks, and easy access to transportation, making it an ideal place to call home. Don't miss the opportunity to make this fully renovated Home yours. Schedule a visit today and discover the perfect blend of comfort, style, and modern living in the heart of Detroit.

9. 2024-11-11
   historical Accepting Backup Offers

   Show marketing remark (1210 chars)

   Welcome to your beautifully renovated 4-bedroom, 2 and half-bath Bungalow nestled in the heart of Detroit. This charming home blends classic architecture with modern comfort, offering a serene retreat from city life. Upon entering, you're greeted by an inviting living space adorned with a cozy wood-burning stove perfect for chilly evenings and creating a warm ambiance. The kitchen is a chef's delight, boasting brand new appliances. Whether you're preparing a quick breakfast or hosting a dinner party, this space is designed to inspire culinary creativity. Outside, the home features a new roof and a newly installed furnace, ensuring peace of mind and efficiency for years to come. The backyard provides ample room for outdoor gatherings, gardening, or simply unwinding in your own private oasis. Located in a vibrant neighborhood in Detroit, this home combines convenience with community charm. Nearby amenities include shops, restaurants, parks, and easy access to transportation, making it an ideal place to call home. Don't miss the opportunity to make this fully renovated Home yours. Schedule a visit today and discover the perfect blend of comfort, style, and modern living in the heart of Detroit.

10. 2024-10-30
    listed $135,000 Active 1210-char remark

    Show marketing remark (1210 chars)

    Welcome to your beautifully renovated 4-bedroom, 2 and half-bath Bungalow nestled in the heart of Detroit. This charming home blends classic architecture with modern comfort, offering a serene retreat from city life. Upon entering, you're greeted by an inviting living space adorned with a cozy wood-burning stove perfect for chilly evenings and creating a warm ambiance. The kitchen is a chef's delight, boasting brand new appliances. Whether you're preparing a quick breakfast or hosting a dinner party, this space is designed to inspire culinary creativity. Outside, the home features a new roof and a newly installed furnace, ensuring peace of mind and efficiency for years to come. The backyard provides ample room for outdoor gatherings, gardening, or simply unwinding in your own private oasis. Located in a vibrant neighborhood in Detroit, this home combines convenience with community charm. Nearby amenities include shops, restaurants, parks, and easy access to transportation, making it an ideal place to call home. Don't miss the opportunity to make this fully renovated Home yours. Schedule a visit today and discover the perfect blend of comfort, style, and modern living in the heart of Detroit.

11. 2024-10-30
    listed $135,000 Active

    Show marketing remark (1210 chars)

    Welcome to your beautifully renovated 4-bedroom, 2 and half-bath Bungalow nestled in the heart of Detroit. This charming home blends classic architecture with modern comfort, offering a serene retreat from city life. Upon entering, you're greeted by an inviting living space adorned with a cozy wood-burning stove perfect for chilly evenings and creating a warm ambiance. The kitchen is a chef's delight, boasting brand new appliances. Whether you're preparing a quick breakfast or hosting a dinner party, this space is designed to inspire culinary creativity. Outside, the home features a new roof and a newly installed furnace, ensuring peace of mind and efficiency for years to come. The backyard provides ample room for outdoor gatherings, gardening, or simply unwinding in your own private oasis. Located in a vibrant neighborhood in Detroit, this home combines convenience with community charm. Nearby amenities include shops, restaurants, parks, and easy access to transportation, making it an ideal place to call home. Don't miss the opportunity to make this fully renovated Home yours. Schedule a visit today and discover the perfect blend of comfort, style, and modern living in the heart of Detroit.

12. 2024-10-29
    historical
13. 2024-10-29
    historical
14. 2024-10-20
    listed $159,000 Active
15. 2024-10-20
    listed $159,000 Active
16. 2014-05-30
    soldstatus $5,600
17. 2014-05-30
    soldstatus $5,600
18. 2014-05-01
    historical
19. 2014-04-07
    listed $12,000
20. 2014-04-07
    listed $12,000
21. 2006-07-05
    soldstatus $90,000
22. 2006-05-01
    soldstatus $90,000
23. 2006-04-27
    soldstatus $90,000
24. 2006-04-11
    historical
25. 2006-01-06
    listed $88,000
26. 2006-01-05
    listed $88,000
27. 2005-12-15
    historical
28. 2005-12-15
    historical
29. 2005-10-07
    listed $93,000
30. 2005-10-07
    listed $93,000
31. 2005-02-15
    soldstatus $30,500
32. 2004-12-20
    listed $34,900
33. 2004-12-05
    historical
34. 2004-08-13
    listed $43,900
35. 1998-01-28
    soldstatus $20,000

ⓘ 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: $1,775 · $148/mo
• Projected year-2 tax: $1,927 · $161/mo
• Expected delta: +$152/yr (+$13/mo · 8.6%)

ⓘ 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 ≥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

Taxation est. · year 1

• Rental income: $16,886
• − Mortgage interest: −$7,562
• − Property taxes: −$1,775
• − Insurance: −$675
• − Repairs & maintenance: −$1,351
• − Management: −$1,351
• − Depreciation: −$3,927
• Taxable income: $245
• Est. tax owed @ 24.0%: −$59
• After-tax cash flow: $2,336/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): 34,187
• Household income: $38,966
• Rent vs Own: 49.4% rent · 50.6% own
• Severe rent burden: 2121.0

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 (93%)
• Race & ethnicity: Black 93% White 3% Two or more races 2%
• 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: ▼ -91.80%
• Current HPI: 235.0926
• Rent YoY: ▲ 1.33%
• 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

+530.0% since first listed

35 events — show timeline

• 2025-02-12 Sold (Public Records) $126,000 Public Records
• 2025-01-09 Pending — MiRealSource-MiMLS
• 2025-01-09 Pending — REALCOMP
• 2024-12-21 Relisted — MiRealSource-MiMLS
• 2024-12-21 Relisted — REALCOMP
• 2024-12-20 Contingent — REALCOMP
• 2024-12-17 Relisted — REALCOMP
• 2024-11-11 Contingent — MiRealSource-MiMLS
• 2024-11-11 Contingent — REALCOMP
• 2024-10-30 Listed $135,000 REALCOMP
• 2024-10-30 Listed $135,000 MiRealSource-MiMLS
• 2024-10-29 Listing Removed — MiRealSource-MiMLS
• 2024-10-29 Listing Removed — REALCOMP
• 2024-10-20 Listed $159,000 MiRealSource-MiMLS
• 2024-10-20 Listed $159,000 REALCOMP
• 2014-05-30 Sold (MLS) $5,600 REALCOMP
• 2014-05-30 Sold (MLS) $5,600 MiRealSource-MiMLS
• 2014-05-01 Listing Removed — MiRealSource-MiMLS
• 2014-04-07 Listed $12,000 REALCOMP
• 2014-04-07 Listed $12,000 MiRealSource-MiMLS
• 2006-07-05 Sold (Public Records) $90,000 Public Records
• 2006-05-01 Sold (MLS) $90,000 REALCOMP
• 2006-04-27 Sold (MLS) $90,000 MiRealSource-MiMLS
• 2006-04-11 Listing Removed — MiRealSource-MiMLS
• 2006-01-06 Listed $88,000 REALCOMP
• 2006-01-05 Listed $88,000 MiRealSource-MiMLS
• 2005-12-15 Listing Removed — REALCOMP
• 2005-12-15 Listing Removed — MiRealSource-MiMLS
• 2005-10-07 Listed $93,000 REALCOMP
• 2005-10-07 Listed $93,000 MiRealSource-MiMLS
• 2005-02-15 Sold (MLS) $30,500 REALCOMP
• 2004-12-20 Listed $34,900 REALCOMP
• 2004-12-05 Listing Removed — REALCOMP
• 2004-08-13 Listed $43,900 REALCOMP
• 1998-01-28 Sold (Public Records) $20,000 Public Records

Property tax history

+1.7%/yr

Latest (2025): $1,775 · +59.7% YoY. Source: county tax records.