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12048 Longview St
C Composite 59.96
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Livability +3.7/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$85,000

12048 Longview St · Detroit, MI 48213
4 bd · 1.0 ba · 1,384 sqft · SingleFamily public records · 521 Days on market
Built 1926 6,098 sqft lot $61/sqft · 33% above area Est $64k · 33% over

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

Listing remarks MLS

Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

Key facts

  • 6,098 sq ft lot
  • Built 1926
  • Listed 520 days

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 4-bed/1.0-bath single-family listed at $85k.

Deal economics

  • At list price, monthly cash flow is $594 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $85k).
  • Recommended offer: $75k (12.0% below list) — sets the bar for market timing.
  • Cap rate 14.7% vs local median 10.1% in Detroit — 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 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: 192 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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).
  • At $1,414/mo this rent would consume 50% of the median local household income ($34k/yr) (locally 1202% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $588 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 + 3.0% rent growth), your $24k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 521 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
  • 16 sale attempts since 3y ago; this cycle's ask has dropped $14k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $10k; list at $85k implies a 750% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $74,800 (12.0% below list)

Questions for the listing agent

  1. It's been on market 521 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1926 — 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
1.66%
Cap rate
14.68%
Cash-on-cash
29.96%
DSCR
2.33
GRM
5.0

CMA / ARV

ARV (median comp)
$63,738
List price
$85,000
Delta
33.36%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
12328 Longview St 0.24mi 4/1.0 1,400 (+1%) 1mo $85,000 $61 86
11824 Wilshire Dr 0.17mi 3/1.5 (-1) 1,400 (+1%) 9mo $77,400 $55 75
12572 Rosemary St 0.49mi 4/1.0 1,419 (+2%) 10mo $84,000 $59 65
12737 Promenade St 0.52mi 4/2.0 1,440 (+4%) 7mo $50,000 $35 59
11833 Wilfred St 0.59mi 4/1.5 1,340 (-3%) 8mo $100,000 $75 59
12304 Rosemary St 0.41mi 3/1.5 (-1) 1,480 (+7%) 6mo $22,000 $15 58
12518 Corbett St 0.32mi 3/1.5 (-1) 1,248 (-10%) 11mo $50,000 $40 53
13134 corbett Corbett St 0.72mi 4/2.0 1,407 (+2%) 9mo $79,900 $57 52
6080 Beniteau St 0.64mi 4/2.5 1,437 (+4%) 10mo $185,000 $129 49
12027 Kilbourne Ave 0.45mi 4/1.5 1,561 (+13%) 10mo $137,000 $88 47
13113 Camden St 0.74mi 3/1.0 (-1) 1,224 (-12%) 2mo $88,000 $72 39
13065 Promenade St 0.68mi 3/2.0 (-1) 1,215 (-12%) 11mo $63,000 $52 30

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
24.5%
Equity multiple
2.01×
Total profit
$24,056
Equity at exit
$12,674
10-year hold
IRR
32.3%
Equity multiple
3.92×
Total profit
$69,610
Equity at exit
$7,349

Cash invested: $23,800 (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.

ZIP-level market 48213

Active inventory
192
Price-to-rent
5.0×

Monthly cashflow live

Estimated rent
$1,414 high interval (Pro) →
Mortgage (P&I)
$446
Tax from tax record
$42 /mo · $503/yr
Insurance
$35
HOA
$0
Vacancy / Maint / Mgmt
$297
Net cashflow
$594

Break-even live

Break-even rent $662
Max offer price $85,000
Occupancy floor 53%

Sensitivity live

Price -10% $642 -5% $618 +0% $594 +5% $570 +10% $546
Rent -10% $483 -5% $538 +0% $594 +5% $650 +10% $706
Rate -1.0pp $637 -0.5pp $616 base $594 +0.5pp $572 +1.0pp $550

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
$21,250
Closing costs
$2,550
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 21 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
12210 Longview St Detroit, MI 3.0 1.0 1020 $1,100 $1.08 44d 1 0.12mi
12051 Wilshire Dr Detroit, MI 3.0 1.5 1224 $1,250 $1.02 18d 1 0.15mi
8205 E Outer Dr Detroit, MI 3.0 1.5 1874 $1,400 $0.75 18d 1 0.35mi
11171 Charlemagne Ave Unit A Detroit, MI 3.0 1.0 1598 $1,200 $0.75 44d 1 0.58mi
12840 Kilbourne St Detroit, MI 3.0 1.0 1136 $1,350 $1.19 18d 1 0.68mi
13137 Elmdale St Detroit, MI 3.0 1.0 1115 $1,400 $1.26 25d 1 0.71mi
13400 Longview St Detroit, MI 3.0 1.5 1000 $1,400 $1.40 44d 1 0.82mi
13395 Maiden St Detroit, MI 5.0 2.0 1750 $1,600 $0.91 25d 1 0.84mi
5966 Eastlawn St Unit NA Detroit, MI 3.0 1.5 1366 $1,500 $1.10 25d 1 1.06mi
11760 Nashville St Detroit, MI 3.0 1.0 1200 $1,250 $1.04 18d 1 1.07mi
11785 Nashville St Detroit, MI 3.0 2.0 1360 $1,450 $1.07 4d 1 1.09mi
11700 Engleside St Detroit, MI 3.0 1.0 1000 $1,175 $1.18 44d 1 1.14mi
5045 Fairview St Detroit, MI 3.0 1.0 1303 $1,200 $0.92 44d 1 1.27mi
14201 Mayfield St Detroit, MI 4.0 1.5 1296 $1,250 $0.96 44d 1 1.31mi
4667 Beniteau St Detroit, MI 5.0 2.0 1396 $1,700 $1.22 44d 1 1.31mi
9142 Isham Detroit, MI 3.0 1.0 1000 $1,344 $1.34 18d 1 1.35mi
11074 Kennebec St Detroit, MI 3.0 1.0 1200 $1,350 $1.12 44d 1 1.40mi
9354 Bessemore St Detroit, MI 3.0 1.0 1125 $1,294 $1.15 18d 1 1.41mi
9168 Wayburn St Detroit, MI 3.0 1.0 1274 $1,300 $1.02 21d 1 1.44mi
9755 Wayburn St Detroit, MI 3.0 2.0 1498 $1,400 $0.93 4d 1 1.45mi
17241 Rowe St Detroit, MI 3.0 1.5 1316 $1,450 $1.10 18d 1 1.46mi

Listing history 50 events

  1. 2026-06-21
    days on market $85,000 Active 521 DOM
  2. 2026-06-18
    days on market $85,000 Active 518 DOM
  3. 2026-06-17
    days on market $85,000 Active 517 DOM
  4. 2026-06-15
    days on market $85,000 Active 515 DOM
  5. 2026-06-13
    days on market $85,000 Active 513 DOM
  6. 2026-06-13
    days on market $85,000 Active 512 DOM
  7. 2026-06-09
    days on market $85,000 Active 509 DOM
  8. 2026-06-08
    days on market $85,000 Active 508 DOM
  9. 2026-06-07
    days on market $85,000 Active 507 DOM
  10. 2026-06-04
    days on market $85,000 Active 504 DOM
  11. 2026-06-03
    days on market $85,000 Active 503 DOM
  12. 2026-06-01
    days on market $85,000 Active 501 DOM
  13. 2026-05-31
    days on market $85,000 Active 500 DOM
  14. 2026-02-27
    price $85,000 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  15. 2026-02-26
    price $85,000 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  16. 2025-10-27
    status Active 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  17. 2025-10-27
    status Active 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  18. 2025-06-09
    status Pending 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  19. 2025-06-09
    status Pending 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  20. 2025-05-27
    status Active 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  21. 2025-05-27
    status Active 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  22. 2025-05-21
    historical Accepting Backup Offers 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  23. 2025-05-21
    historical Active Under Contract 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  24. 2025-03-10
    price $90,000 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  25. 2025-03-09
    status Active 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  26. 2025-03-09
    price $90,000 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  27. 2025-03-09
    status Active 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  28. 2025-03-05
    historical Accepting Backup Offers 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  29. 2025-03-05
    historical Active Under Contract 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  30. 2024-08-29
    listed $99,000 Active 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  31. 2024-08-29
    listed $99,000 Active 828-char remark
    Show marketing remark (828 chars)

    Welcome to your dream home! This charming 4-bedroom, 1-bathroom gem offers 1,396 sq ft of modern comfort and style. Step inside to find new carpeting and fresh paint throughout, bringing a bright and inviting feel to every room. The newly updated kitchen features sleek countertops and contemporary cabinetry- perfect for culinary adventures. Downstairs bathroom is updated. The upstairs has a room that can become a finished bath or half bath to your taste. Nestled in a quiet, up-and-coming neighborhood, this home is close to exciting developments in Eastside Detroit/Chandler Park. Just minutes from City Airport, I-94, and Downtown Detroit, you'll have easy access to all the amenities and vibrant life the city has to offer. Don't miss this opportunity to be part of a blossoming community. Your new adventure begins here!

  32. 2024-08-12
    historical
  33. 2024-08-12
    historical
  34. 2024-07-23
    price $105,000
  35. 2024-07-23
    price $105,000
  36. 2024-07-23
    status Active
  37. 2024-07-23
    status Active
  38. 2024-06-12
    status Pending
  39. 2024-06-12
    status Pending
  40. 2024-05-12
    listed $99,999 Active
  41. 2024-05-12
    listed $99,999 Active
  42. 2024-05-03
    historical
  43. 2024-05-03
    historical
  44. 2024-04-09
    price $139,900
  45. 2024-04-08
    price $139,900
  46. 2024-02-17
    listed $149,900 Active
  47. 2024-02-17
    listed $149,900 Active
  48. 2024-02-13
    historical
  49. 2024-02-13
    historical
  50. 2023-07-18
    status Pending

ⓘ 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
$503 · $42/mo
Projected year-2 tax
$906 · $76/mo
Expected delta
+$403/yr (+$34/mo · 80.1%)

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

Climate risk First Street

  • 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 14% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥96°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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$16,972
− Mortgage interest
−$4,761
− Property taxes
−$503
− Insurance
−$425
− Repairs & maintenance
−$1,358
− Management
−$1,358
− Depreciation
−$2,473
Taxable income
$6,095
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,463
After-tax cash flow
$5,668/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)
20,075
Household income
$34,003
Rent vs Own
41.6% rent · 58.4% own
Severe rent burden
1202.0

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 (92%)
Race & ethnicity
Black 92% White 4% Hispanic / Latino 2% Two or more races 1%
Common ancestry
Slovak 1%
Foreign-born
2% · Canada
Languages at home
97% English-only · Arabic 1% 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
▼ -122.86%
Current HPI
217.2037
Rent YoY
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

+750.0% since first listed
47 events — show timeline
  • 2026-02-27 Price Changed $85,000 MiRealSource-MiMLS
  • 2026-02-26 Price Changed $85,000 REALCOMP
  • 2025-10-27 Relisted MiRealSource-MiMLS
  • 2025-10-27 Relisted REALCOMP
  • 2025-06-09 Pending MiRealSource-MiMLS
  • 2025-06-09 Pending REALCOMP
  • 2025-05-27 Relisted MiRealSource-MiMLS
  • 2025-05-27 Relisted REALCOMP
  • 2025-05-21 Contingent MiRealSource-MiMLS
  • 2025-05-21 Contingent REALCOMP
  • 2025-03-10 Price Changed $90,000 MiRealSource-MiMLS
  • 2025-03-09 Relisted MiRealSource-MiMLS
  • 2025-03-09 Price Changed $90,000 REALCOMP
  • 2025-03-09 Relisted REALCOMP
  • 2025-03-05 Contingent MiRealSource-MiMLS
  • 2025-03-05 Contingent REALCOMP
  • 2024-08-29 Listed $99,000 REALCOMP
  • 2024-08-29 Listed $99,000 MiRealSource-MiMLS
  • 2024-08-12 Listing Removed MiRealSource-MiMLS
  • 2024-08-12 Listing Removed REALCOMP
  • 2024-07-23 Price Changed $105,000 MiRealSource-MiMLS
  • 2024-07-23 Price Changed $105,000 REALCOMP
  • 2024-07-23 Relisted MiRealSource-MiMLS
  • 2024-07-23 Relisted REALCOMP
  • 2024-06-12 Pending MiRealSource-MiMLS
  • 2024-06-12 Pending REALCOMP
  • 2024-05-12 Listed $99,999 MiRealSource-MiMLS
  • 2024-05-12 Listed $99,999 REALCOMP
  • 2024-05-03 Listing Removed MiRealSource-MiMLS
  • 2024-05-03 Listing Removed REALCOMP
  • 2024-04-09 Price Changed $139,900 MiRealSource-MiMLS
  • 2024-04-08 Price Changed $139,900 REALCOMP
  • 2024-02-17 Listed $149,900 MiRealSource-MiMLS
  • 2024-02-17 Listed $149,900 REALCOMP
  • 2024-02-13 Coming Soon MiRealSource-MiMLS
  • 2024-02-13 Coming Soon REALCOMP
  • 2023-07-18 Pending REALCOMP
  • 2023-07-18 Pending MiRealSource-MiMLS
  • 2023-07-18 Listing Removed MiRealSource-MiMLS
  • 2023-07-18 Listing Removed REALCOMP
  • 2023-05-23 Price Changed $55,000 MiRealSource-MiMLS
  • 2023-05-23 Price Changed $55,000 REALCOMP
  • 2023-03-29 Price Changed $65,000 MiRealSource-MiMLS
  • 2023-03-28 Price Changed $65,000 REALCOMP
  • 2023-03-02 Listed $70,000 MiRealSource-MiMLS
  • 2023-03-02 Listed $70,000 REALCOMP
  • 1996-05-22 Sold (Public Records) $10,000 Public Records

Property tax history

+7.0%/yr

Latest (2025): $503 · -34.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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