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29215 Badelt St
F Composite 25.66
Why this score? — see what drove the F 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 +8.1/30.0
  • Schools +4.6/10.0
  • Livability +3.9/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • DSCR +2.1/10.0
  • 1% rule +1.9/10.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$229,700

29215 Badelt St · Westland, MI 48185
3 bd · 1.0 ba · 1,007 sqft · SingleFamily public records · 12 Days on market
Built 1955 5,663 sqft lot Est $192k · 19% over

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

Listing remarks MLS

WELCOME HOME! WESTLAND 3 BEDROOM BRICK RANCH STYLE HOME OFFERING YOU JUST UNDER 1200 SQFT OF ENTRY LEVEL LIVING SPACE, 2 FULL BATHS, FULL BASEMENT, CENTRAL AIR, SHED, COMPLETELY FENCED YARD, LIGHTLY LANDSCAPED IN FRONT YARD, AWARD WINNING LIVONIA SCHOOLS, LARGE EAT-IN KITCHEN WITH PLENTY OF CABINETS AND COUNTERTOP SPACE, GRANITE COUNTERS, SOME APPLIANCES INCLUDED, ALL APPLIANCES NEGOTIABLE, LIVING ROOM WITH LARGE PICTURE WINDOW THAT ALLOWS LOTS OF NATURAL SUNLIGHT, NATURAL HARDWOOD FLOORS THAT CARRY THROUGH LIVING ROOM, HALLWAY AND ALL BEDROOMS, LUXURY VINYL PLANK FLOORING IN KITCHEN, FRESHLY PAINTED, NEUTRAL-DECOR THROUGHOUT, CLOSE TO SCHOOLS, SHOPPING, ENTERTAINMENT, AND RESTAURANTS, MANY EXTRAS! CALL TO SCHEDULE A PRIVATE SHOWING TODAY!

Key facts

  • Large eat in kitchen
  • Full basement
  • Central air

Tags

BRICK RANCH STYLE HOMEFULL BASEMENTCENTRAL AIRCOMPLETELY FENCED YARDLARGE EAT IN KITCHENGRANITE COUNTERS

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/1.0-bath single-family listed at $230k.

Deal economics

  • At list price, monthly cash flow is $-225 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $190k (17.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $159k (30.9% below list).
  • Recommended offer: $159k (30.9% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 77/100 on livability (#124 in MI, #3,067 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities C-, employment C-, crime D+.
  • Livonia Public Schools School District (urban): math 46% / reading 59% proficiency, ranked #77 of 540 in MI (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Cleveland Elementary School (math 37% / reading 47%, grade F, #547 of 1,397 statewide, top 41%, 428 students, 62% FRL); Cooper Upper Elementary School (math 22% / reading 45%, grade F, #303 of 493 statewide, top 62%, 662 students, 49% FRL); Franklin High School (math 36% / reading 52%, grade F, #255 of 713 statewide, top 36%, 1,327 students, 40% FRL) — zoned schools average 50% FRL vs 22% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 40% at this address vs 52% district-wide (-13 pts) — the specific schools serving this property underperform the Livonia Public Schools School District average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents flat; 163 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($61k/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 $7k 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

  • Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 sale attempts 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 1955 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $158,790 (30.9% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. 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?
  6. 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?
  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
0.69%
Cap rate
5.12%
Cash-on-cash
-4.20%
DSCR
0.81
GRM
12.1

CMA / ARV

ARV (on-the-fly)
$192,337
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
7355 W Frumin Ct 0.30mi 3/1.0 1,020 (+1%) 1mo $225,000 $221 83
8416 Hugh St 0.47mi 3/1.5 996 (-1%) 1mo $235,000 $236 73
8615 Fremont St 0.57mi 3/1.0 1,027 (+2%) 2mo $190,000 $185 68
29854 Malvern St 0.42mi 3/1.0 1,077 (+7%) 5mo $228,500 $212 64
8138 Hillcrest Blvd 0.71mi 3/1.0 1,026 (+2%) 2mo $238,501 $232 62
29624 Bridge St 0.56mi 3/1.0 955 (-5%) 5mo $130,000 $136 61
7457 Harrison St 0.43mi 3/1.0 1,120 (+11%) 2mo $169,900 $152 60
28710 Cambridge St 0.61mi 3/2.0 1,030 (+2%) 5mo $175,000 $170 59
7435 Lathers St 0.48mi 3/1.0 1,120 (+11%) 2mo $200,000 $179 57
7256 Deering St 0.72mi 3/1.0 936 (-7%) 1mo $180,000 $192 53
8411 Hugh St 0.49mi 3/1.0 1,144 (+14%) 4mo $219,000 $191 52
28627 Bridge St 0.60mi 3/2.0 1,100 (+9%) 5mo $175,000 $159 49

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

Projected returns pro-forma

-3.0% appreciation · 0.17% rent growth · sell at horizon

5-year hold
IRR
-26.4%
Equity multiple
0.13×
Total profit
$-56,005
Equity at exit
$34,249
10-year hold
IRR
-35.3%
Equity multiple
-0.31×
Total profit
$-84,461
Equity at exit
$19,860

Cash invested: $64,316 (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 48185

Rents YoY
0.2%
Active inventory
163
Price-to-rent
12.1×

Monthly cashflow live

Estimated rent
$1,588 high interval (Pro) →
Mortgage (P&I)
$1,205
Tax from tax record
$179 /mo · $2,153/yr
Insurance
$96
HOA
$0
Vacancy / Maint / Mgmt
$333
Net cashflow
$-225

Break-even live

Break-even rent $1,873
Max offer price $189,913
Occupancy floor

Sensitivity live

Price -10% $-95 -5% $-160 +0% $-225 +5% $-290 +10% $-355
Rent -10% $-351 -5% $-288 +0% $-225 +5% $-163 +10% $-100
Rate -1.0pp $-110 -0.5pp $-167 base $-225 +0.5pp $-285 +1.0pp $-345

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
$57,425
Closing costs
$6,891
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 13 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
7484 Affeldt St Westland, MI 3.0 1.0 1120 $1,500 $1.34 26d 1 0.39mi
7457 Harrison St Westland, MI 3.0 1.0 1120 $1,900 $1.70 0d 1 0.43mi
7435 Lathers St Westland, MI 3.0 1.0 1120 $1,900 $1.70 18d 1 0.48mi
7048 Deering St Garden City, MI 3.0 1.0 910 $1,500 $1.65 19d 1 0.78mi
7560 N Merriman Rd Westland, MI 1.0–2.0 1.0 805 $1,135 $1.41 26d 2 0.95mi
30500 Warren Rd Westland, MI 2.0 1.0 900 $1,128 $1.25 45d 1 1.00mi
6954 Inkster Rd Dearborn Heights, MI 1.0–2.0 1.0–1.5 837 $1,339 $1.60 0d 9 1.03mi
6365 Helen St Garden City, MI 3.0 1.0 1195 $1,650 $1.38 12d 1 1.07mi
27201 Canfield St W Dearborn Heights, MI 1.0–2.0 1.0–2.0 852 $1,499 $1.76 0d 21 1.07mi
31480 Warren Rd Unit 203 Westland, MI 2.0 2.0 995 $1,650 $1.66 45d 1 1.20mi
5927 Lathers St Garden City, MI 3.0 1.0 1000 $1,600 $1.60 0d 1 1.21mi
31680 Cowan Rd Westland, MI 1.0–2.0 1.0 700 $1,300 $1.86 45d 1 1.27mi
5839 Helen St Garden City, MI 3.0 1.0 984 $1,500 $1.52 1d 1 1.31mi

Listing history 4 events

  1. 2026-02-13
    status Pending 749-char remark
    Show marketing remark (749 chars)

    WELCOME HOME! WESTLAND 3 BEDROOM BRICK RANCH STYLE HOME OFFERING YOU JUST UNDER 1200 SQFT OF ENTRY LEVEL LIVING SPACE, 2 FULL BATHS, FULL BASEMENT, CENTRAL AIR, SHED, COMPLETELY FENCED YARD, LIGHTLY LANDSCAPED IN FRONT YARD, AWARD WINNING LIVONIA SCHOOLS, LARGE EAT-IN KITCHEN WITH PLENTY OF CABINETS AND COUNTERTOP SPACE, GRANITE COUNTERS, SOME APPLIANCES INCLUDED, ALL APPLIANCES NEGOTIABLE, LIVING ROOM WITH LARGE PICTURE WINDOW THAT ALLOWS LOTS OF NATURAL SUNLIGHT, NATURAL HARDWOOD FLOORS THAT CARRY THROUGH LIVING ROOM, HALLWAY AND ALL BEDROOMS, LUXURY VINYL PLANK FLOORING IN KITCHEN, FRESHLY PAINTED, NEUTRAL-DECOR THROUGHOUT, CLOSE TO SCHOOLS, SHOPPING, ENTERTAINMENT, AND RESTAURANTS, MANY EXTRAS! CALL TO SCHEDULE A PRIVATE SHOWING TODAY!

  2. 2026-02-13
    status Pending
    Show marketing remark (749 chars)

    WELCOME HOME! WESTLAND 3 BEDROOM BRICK RANCH STYLE HOME OFFERING YOU JUST UNDER 1200 SQFT OF ENTRY LEVEL LIVING SPACE, 2 FULL BATHS, FULL BASEMENT, CENTRAL AIR, SHED, COMPLETELY FENCED YARD, LIGHTLY LANDSCAPED IN FRONT YARD, AWARD WINNING LIVONIA SCHOOLS, LARGE EAT-IN KITCHEN WITH PLENTY OF CABINETS AND COUNTERTOP SPACE, GRANITE COUNTERS, SOME APPLIANCES INCLUDED, ALL APPLIANCES NEGOTIABLE, LIVING ROOM WITH LARGE PICTURE WINDOW THAT ALLOWS LOTS OF NATURAL SUNLIGHT, NATURAL HARDWOOD FLOORS THAT CARRY THROUGH LIVING ROOM, HALLWAY AND ALL BEDROOMS, LUXURY VINYL PLANK FLOORING IN KITCHEN, FRESHLY PAINTED, NEUTRAL-DECOR THROUGHOUT, CLOSE TO SCHOOLS, SHOPPING, ENTERTAINMENT, AND RESTAURANTS, MANY EXTRAS! CALL TO SCHEDULE A PRIVATE SHOWING TODAY!

  3. 2026-02-02
    listed $229,700 Active 749-char remark
    Show marketing remark (749 chars)

    WELCOME HOME! WESTLAND 3 BEDROOM BRICK RANCH STYLE HOME OFFERING YOU JUST UNDER 1200 SQFT OF ENTRY LEVEL LIVING SPACE, 2 FULL BATHS, FULL BASEMENT, CENTRAL AIR, SHED, COMPLETELY FENCED YARD, LIGHTLY LANDSCAPED IN FRONT YARD, AWARD WINNING LIVONIA SCHOOLS, LARGE EAT-IN KITCHEN WITH PLENTY OF CABINETS AND COUNTERTOP SPACE, GRANITE COUNTERS, SOME APPLIANCES INCLUDED, ALL APPLIANCES NEGOTIABLE, LIVING ROOM WITH LARGE PICTURE WINDOW THAT ALLOWS LOTS OF NATURAL SUNLIGHT, NATURAL HARDWOOD FLOORS THAT CARRY THROUGH LIVING ROOM, HALLWAY AND ALL BEDROOMS, LUXURY VINYL PLANK FLOORING IN KITCHEN, FRESHLY PAINTED, NEUTRAL-DECOR THROUGHOUT, CLOSE TO SCHOOLS, SHOPPING, ENTERTAINMENT, AND RESTAURANTS, MANY EXTRAS! CALL TO SCHEDULE A PRIVATE SHOWING TODAY!

  4. 2026-02-02
    listed $229,700 Active
    Show marketing remark (749 chars)

    WELCOME HOME! WESTLAND 3 BEDROOM BRICK RANCH STYLE HOME OFFERING YOU JUST UNDER 1200 SQFT OF ENTRY LEVEL LIVING SPACE, 2 FULL BATHS, FULL BASEMENT, CENTRAL AIR, SHED, COMPLETELY FENCED YARD, LIGHTLY LANDSCAPED IN FRONT YARD, AWARD WINNING LIVONIA SCHOOLS, LARGE EAT-IN KITCHEN WITH PLENTY OF CABINETS AND COUNTERTOP SPACE, GRANITE COUNTERS, SOME APPLIANCES INCLUDED, ALL APPLIANCES NEGOTIABLE, LIVING ROOM WITH LARGE PICTURE WINDOW THAT ALLOWS LOTS OF NATURAL SUNLIGHT, NATURAL HARDWOOD FLOORS THAT CARRY THROUGH LIVING ROOM, HALLWAY AND ALL BEDROOMS, LUXURY VINYL PLANK FLOORING IN KITCHEN, FRESHLY PAINTED, NEUTRAL-DECOR THROUGHOUT, CLOSE TO SCHOOLS, SHOPPING, ENTERTAINMENT, AND RESTAURANTS, MANY EXTRAS! CALL TO SCHEDULE A PRIVATE SHOWING TODAY!

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

Tax reassessment forecast MI · Partial reset (capped growth)

Current annual tax
$2,153 · $179/mo
Projected year-2 tax
$2,845 · $237/mo
Expected delta
+$692/yr (+$58/mo · 32.2%)

ⓘ 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 ≥98°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$19,055
− Mortgage interest
−$12,867
− Property taxes
−$2,153
− Insurance
−$1,148
− Repairs & maintenance
−$1,524
− Management
−$1,524
− Depreciation
−$6,682
Taxable loss
−$6,844
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,643
After-tax cash flow
$-1,060/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
Livonia Public Schools School District
NCES district ID
2621840
Math proficiency
46% ▼ -5.00%
Reading proficiency
59% ▬ 0.00%
Median HH income
$65,268
Composite
46.27/100
National rank
#2480
State rank
#77 of 540 in MI

Livability — Westland

Score
77/100
State rank
#124
US rank
#3067

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Westland, MI
County
Wayne County · 1,562,939 people
City population
83,633
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
48,530
Household income
$60,854
Rent vs Own
43.2% rent · 56.8% own
Severe rent burden
2263.0

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
Diverse neighborhood (Simpson 0.56)
Race & ethnicity
White 63% Black 22% Two or more races 7% Asian 5% Hispanic / Latino 5%
Common ancestry
Romanian 11% Lithuanian 3% Italian 2%
Foreign-born
11% · Canada, China
Languages at home
87% English-only · Other Indo-European 5% Arabic 2% Spanish 2%

Political lean MEDSL · Wayne

2024 margin
Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
2008→2024 swing
-20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
All cycles
2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -265.65%
Current HPI
237.7594
Rent YoY
▲ 0.17%
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

+0.0% since first listed
4 events — show timeline
  • 2026-02-13 Pending MiRealSource-MiMLS
  • 2026-02-13 Pending REALCOMP
  • 2026-02-02 Listed $229,700 MiRealSource-MiMLS
  • 2026-02-02 Listed $229,700 REALCOMP

Property tax history

+2.9%/yr

Latest (2025): $2,153 · -24.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…