18948 Kenosha St · Harper Woods, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 95°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +24.5/30.0
- DSCR +7.9/10.0
- ARV discount +7.5/15.0
- 1% rule +6.6/10.0
- Rent growth +3.8/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +0.9/10.0
- Appreciation +0.0/10.0
$120,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this inviting bungalow with classic charm in a quiet and gorgeous neighborhood. With a Certificate of Occupancy already obtained, all major upgrades completed, this one's truly ready to move in! Recent renovations include a beautiful kitchen floor, hardwood floors, new kitchen and bathroom cabinets, new counters, modern hardware, fresh interior and exterior paint, closet and pantry upgrades. A large yard, large covered front porch, large 1-car garage and full unfinished basement provide additional space. Located within convenient distance to I-94, I-696, and I-75 and close to many schools, shopping, dining and parks, this home is a fantastic opportunity for first time homeowners or small families. Don't miss out on this one!
Key facts
- Covered front porch
- Updated kitchen
- Quiet neighborhood
Tags
Property features AI
Finance
- Other: Lot approximately 0.11 acres (40 x 114)
Exterior
- Parking: Detached 1-car garage
- Utilities: Public water; Public sewer
- Home design: Single-family residence; One and a half stories; Ground-level entry with steps; Aluminum and vinyl siding
- Construction: Block foundation; Built with aluminum and vinyl siding
- Exterior features: Front porch; Fenced yard; Paved road access
Interior
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating (natural gas); No central cooling listed
- Interior features: Full, unfinished basement; 6 total rooms
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $120k.
Deal economics
- At list price, monthly cash flow is $246 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $120k).
- Recommended offer: $106k (12.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 73/100 on livability (#199 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, health & safety D+, schools D-.
- Harper Woods School District (suburban): math 4% / reading 15% proficiency, ranked #524 of 540 in MI (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+5.1%/yr); 133 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $830 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.
- At projected returns (-3.0% appreciation + 5.1% rent growth), your $34k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- It's been on market 152 days — a 12% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
- 22 sale attempts since 7y ago; this cycle's ask has dropped $15k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $70k; list at $120k implies a 71% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 152 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.16% ✓
- Cap rate
- 8.75%
- Cash-on-cash
- 8.79%
- DSCR
- 1.39
- GRM
- 7.2
CMA / ARV
- ARV (on-the-fly)
- $67,792
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 18746 Woodside St | 0.21mi | 3/1.0 | 921 (+3%) | 2mo | $110,000 | $119 | 83 |
| 19100 Kingsville St | 0.14mi | 3/1.0 | 972 (+9%) | 2mo | $110,000 | $113 | 77 |
| 16301 Coram St | 0.36mi | 3/1.0 | 929 (+4%) | 1mo | $19,500 | $21 | 76 |
| 12897 Riad St | 0.32mi | 3/1.0 | 831 (-7%) | 1mo | $63,000 | $76 | 72 |
| 18591 Kingsville St | 0.21mi | 2/1.0 (-1) | 824 (-8%) | 1mo | $74,000 | $90 | 72 |
| 16277 Liberal St | 0.46mi | 3/1.0 | 945 (+6%) | 1mo | $25,000 | $26 | 67 |
| 16107 Manning St | 0.57mi | 3/1.0 | 925 (+4%) | 2mo | $61,000 | $66 | 66 |
| 16209 Tacoma St | 0.60mi | 3/1.0 | 968 (+8%) | 1mo | $62,900 | $65 | 57 |
| 18905 Woodland St | 0.34mi | 3/1.5 | 1,023 (+15%) | 1mo | $105,000 | $103 | 57 |
| 12893 Payton St | 0.40mi | 3/1.0 | 1,020 (+14%) | 1mo | $75,000 | $74 | 56 |
| 16291 Fairmount Dr | 0.73mi | 3/1.0 | 977 (+10%) | 2mo | $112,000 | $115 | 49 |
| 11545 Roxbury St | 0.67mi | 3/1.0 | 1,003 (+12%) | 1mo | $65,000 | $65 | 48 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 5.1% rent growth · sell at horizon
- IRR
- -0.6%
- Equity multiple
- 0.98×
- Total profit
- $-740
- Equity at exit
- $17,892
- IRR
- 11.2%
- Equity multiple
- 1.97×
- Total profit
- $32,505
- Equity at exit
- $10,375
Cash invested: $33,600 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 62 Landlord-Friendly
- State Michigan
- 62 Landlord-Friendly · EVEN
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 48225
- Rents YoY
- 5.1%
- Active inventory
- 133
- Price-to-rent
- 7.2×
Monthly cashflow live
- Estimated rent
- $1,388 high interval (Pro) →
- Mortgage (P&I)
- −$629
- Tax from tax record
- −$171 /mo · $2,053/yr
- Insurance
- −$50
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$291
- Net cashflow
- $246
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $30,000
- Closing costs
- $3,600
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 19152 Woodside St Harper Woods, MI | 3.0 | 1.0 | 916 | $1,500 | $1.64 | 17d | 1 | 0.21mi |
| 19144 Moross Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 0.25mi |
| 19365 Kingsville St Harper Woods, MI | 4.0 | 1.5 | 996 | $1,650 | $1.66 | 14d | 1 | 0.26mi |
| 19442 Kingsville St Harper Woods, MI | 3.0 | 1.0 | 1000 | $1,500 | $1.50 | 17d | 1 | 0.34mi |
| 12075 Rossiter St Detroit, MI | 3.0 | 1.0 | 1100 | $1,245 | $1.13 | 14d | 1 | 0.36mi |
| 12075 Rossiter St Detroit, MI | 3.0 | 1.0 | 1100 | $1,245 | $1.13 | 43d | 1 | 0.37mi |
| 16212 Maddelein St Detroit, MI | 2.0 | 1.0 | 800 | $1,200 | $1.50 | 12d | 1 | 0.37mi |
| 12716 Riad St Detroit, MI | 3.0 | 1.0 | 974 | $1,275 | $1.31 | 17d | 1 | 0.41mi |
| 19661 Kenosha St Harper Woods, MI | 3.0 | 2.0 | 1000 | $1,400 | $1.40 | 24d | 1 | 0.44mi |
| 19639 Moross Rd Unit 1 Detroit, MI | 2.0 | 1.0 | 900 | $1,100 | $1.22 | 43d | 1 | 0.45mi |
| 15909 Maddelein St Detroit, MI | 3.0 | 1.0 | 894 | $1,266 | $1.42 | 43d | 1 | 0.53mi |
| 16225 Manning St Detroit, MI | 4.0 | 2.0 | 1036 | $1,475 | $1.42 | 43d | 1 | 0.55mi |
| 11776 Rossiter St Detroit, MI | 3.0 | 1.0 | 964 | $1,150 | $1.19 | 11d | 1 | 0.58mi |
| 19982 McCormick St Detroit, MI | 3.0 | 1.0 | 866 | $1,200 | $1.39 | 3d | 1 | 0.65mi |
| 12201 Morang Ave Unit 8 Detroit, MI | 2.0 | 1.0 | 610 | $875 | $1.43 | 43d | 1 | 0.66mi |
| 11529 Roxbury St Detroit, MI | 2.0 | 1.0 | 720 | $1,200 | $1.67 | 12d | 1 | 0.66mi |
| 11611 Morang Ave Detroit, MI | 1.0–2.0 | 1.0 | 709 | $1,040 | $1.47 | 43d | 1 | 0.68mi |
| 10985 Peerless St Detroit, MI | 3.0 | 1.0 | 1000 | $1,364 | $1.36 | 4d | 1 | 0.78mi |
| 16291 Eastburn St Detroit, MI | 3.0 | 1.0 | 1000 | $1,364 | $1.36 | 24d | 1 | 0.81mi |
| 15494 Mapleridge St Detroit, MI | 3.0 | 1.0 | 937 | $1,275 | $1.36 | 43d | 1 | 0.87mi |
| 16410 Edmore Dr Detroit, MI | 3.0 | 1.0 | 850 | $1,250 | $1.47 | 14d | 1 | 0.88mi |
| 11235 Roxbury St Detroit, MI | 3.0 | 1.0 | 1062 | $1,325 | $1.25 | 17d | 1 | 0.90mi |
| 20461 Kingsville St Harper Woods, MI | 4.0 | 1.0 | 1100 | $1,399 | $1.27 | 14d | 1 | 0.92mi |
| 10692 Meuse St Detroit, MI | 3.0 | 1.0 | 955 | $1,250 | $1.31 | 12d | 1 | 0.95mi |
| 10400 Britain St Detroit, MI | 3.0 | 1.0 | 890 | $1,100 | $1.24 | 43d | 1 | 1.03mi |
| 10542 Lanark St Detroit, MI | 3.0 | 1.0 | 1023 | $1,250 | $1.22 | 43d | 1 | 1.04mi |
| 10370 Britain St Detroit, MI | 3.0 | 1.0 | 1100 | $1,100 | $1.00 | 43d | 1 | 1.05mi |
| 20015 Lochmoor St Harper Woods, MI | 3.0 | 1.0 | 1006 | $1,500 | $1.49 | 16d | 1 | 1.08mi |
| 10177 Boleyn St Detroit, MI | 3.0 | 1.0 | 767 | $1,250 | $1.63 | 43d | 1 | 1.15mi |
| 15663 Carlisle St Detroit, MI | 2.0 | 1.0 | 803 | $1,050 | $1.31 | 14d | 1 | 1.21mi |
| 10037 Grayton St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 3d | 1 | 1.22mi |
| 10404 Somerset Ave Detroit, MI | 3.0 | 1.0 | 1108 | $1,475 | $1.33 | 3d | 1 | 1.26mi |
| 15010 Cedargrove St Detroit, MI | 3.0 | 1.5 | 1018 | $1,350 | $1.33 | 43d | 1 | 1.28mi |
| 19203 Edgefield St Harper Woods, MI | 2.0 | 1.0 | 1100 | $1,100 | $1.00 | 24d | 1 | 1.28mi |
| 20600 Balfour St Harper Woods, MI | 1.0–2.0 | 1.0–2.0 | 971 | $1,671 | $1.72 | 1d | 12 | 1.30mi |
| 17710 Chester St Detroit, MI | 2.0 | 1.0 | 984 | $1,250 | $1.27 | 43d | 1 | 1.35mi |
| 17720 Chester St Detroit, MI | 2.0 | 1.0 | 986 | $1,250 | $1.27 | 43d | 1 | 1.35mi |
| 6325 Neff Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,500 | $1.50 | 2d | 1 | 1.38mi |
| 6304 Bluehill St Detroit, MI | 3.0 | 1.0 | 1088 | $1,500 | $1.38 | 43d | 1 | 1.39mi |
| 14461 Lappin St Detroit, MI | 3.0 | 1.5 | 989 | $1,150 | $1.16 | 17d | 1 | 1.44mi |
Listing history 50 events
-
2026-06-18days on market $120,000 Active 152 DOM
-
2026-06-17days on market $120,000 Active 151 DOM
-
2026-06-16days on market $120,000 Active 150 DOM
-
2026-06-15days on market $120,000 Active 149 DOM
-
2026-06-13days on market $120,000 Active 147 DOM
-
2026-06-13days on market $120,000 Active 146 DOM
-
2026-06-09days on market $120,000 Active 143 DOM
-
2026-06-08days on market $120,000 Active 142 DOM
-
2026-06-07days on market $120,000 Active 141 DOM
-
2026-06-04days on market $120,000 Active 138 DOM
-
2026-06-03days on market $120,000 Active 137 DOM
-
2026-06-02days on market $120,000 Active 136 DOM
-
2026-06-01days on market $120,000 Active 135 DOM
-
2026-05-31days on market $120,000 Active 134 DOM
-
2026-03-12price $120,000 745-char remark
Show marketing remark (745 chars)
Welcome to this inviting bungalow with classic charm in a quiet and gorgeous neighborhood. With a Certificate of Occupancy already obtained, all major upgrades completed, this one's truly ready to move in! Recent renovations include a beautiful kitchen floor, hardwood floors, new kitchen and bathroom cabinets, new counters, modern hardware, fresh interior and exterior paint, closet and pantry upgrades. A large yard, large covered front porch, large 1-car garage and full unfinished basement provide additional space. Located within convenient distance to I-94, I-696, and I-75 and close to many schools, shopping, dining and parks, this home is a fantastic opportunity for first time homeowners or small families. Don't miss out on this one!
-
2026-03-12price $120,000
Show marketing remark (745 chars)
Welcome to this inviting bungalow with classic charm in a quiet and gorgeous neighborhood. With a Certificate of Occupancy already obtained, all major upgrades completed, this one's truly ready to move in! Recent renovations include a beautiful kitchen floor, hardwood floors, new kitchen and bathroom cabinets, new counters, modern hardware, fresh interior and exterior paint, closet and pantry upgrades. A large yard, large covered front porch, large 1-car garage and full unfinished basement provide additional space. Located within convenient distance to I-94, I-696, and I-75 and close to many schools, shopping, dining and parks, this home is a fantastic opportunity for first time homeowners or small families. Don't miss out on this one!
-
2026-01-17$135,000 Active
Show marketing remark (745 chars)
Welcome to this inviting bungalow with classic charm in a quiet and gorgeous neighborhood. With a Certificate of Occupancy already obtained, all major upgrades completed, this one's truly ready to move in! Recent renovations include a beautiful kitchen floor, hardwood floors, new kitchen and bathroom cabinets, new counters, modern hardware, fresh interior and exterior paint, closet and pantry upgrades. A large yard, large covered front porch, large 1-car garage and full unfinished basement provide additional space. Located within convenient distance to I-94, I-696, and I-75 and close to many schools, shopping, dining and parks, this home is a fantastic opportunity for first time homeowners or small families. Don't miss out on this one!
-
2026-01-17$135,000 Active 745-char remark
Show marketing remark (745 chars)
Welcome to this inviting bungalow with classic charm in a quiet and gorgeous neighborhood. With a Certificate of Occupancy already obtained, all major upgrades completed, this one's truly ready to move in! Recent renovations include a beautiful kitchen floor, hardwood floors, new kitchen and bathroom cabinets, new counters, modern hardware, fresh interior and exterior paint, closet and pantry upgrades. A large yard, large covered front porch, large 1-car garage and full unfinished basement provide additional space. Located within convenient distance to I-94, I-696, and I-75 and close to many schools, shopping, dining and parks, this home is a fantastic opportunity for first time homeowners or small families. Don't miss out on this one!
-
2025-05-08soldstatus $70,000
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2025-05-05soldstatus $70,000 Closed
Show marketing remark (256 chars)
Looking for a budget-friendly home with room to grow? This 3 bedroom, 1 bathroom bungalow is a fantastic opportunity for investors, first-time buyers, or DIY enthusiasts! Great location for easy access to the highway, shops and restaurants. Priced to sell!
-
2025-05-05soldstatus $70,000 Closed 256-char remark
Show marketing remark (256 chars)
Looking for a budget-friendly home with room to grow? This 3 bedroom, 1 bathroom bungalow is a fantastic opportunity for investors, first-time buyers, or DIY enthusiasts! Great location for easy access to the highway, shops and restaurants. Priced to sell!
-
2025-04-25status Pending
Show marketing remark (256 chars)
Looking for a budget-friendly home with room to grow? This 3 bedroom, 1 bathroom bungalow is a fantastic opportunity for investors, first-time buyers, or DIY enthusiasts! Great location for easy access to the highway, shops and restaurants. Priced to sell!
-
2025-04-25status Pending 256-char remark
Show marketing remark (256 chars)
Looking for a budget-friendly home with room to grow? This 3 bedroom, 1 bathroom bungalow is a fantastic opportunity for investors, first-time buyers, or DIY enthusiasts! Great location for easy access to the highway, shops and restaurants. Priced to sell!
-
2025-04-08price $75,000
Show marketing remark (256 chars)
Looking for a budget-friendly home with room to grow? This 3 bedroom, 1 bathroom bungalow is a fantastic opportunity for investors, first-time buyers, or DIY enthusiasts! Great location for easy access to the highway, shops and restaurants. Priced to sell!
-
2025-04-08price $75,000 256-char remark
Show marketing remark (256 chars)
Looking for a budget-friendly home with room to grow? This 3 bedroom, 1 bathroom bungalow is a fantastic opportunity for investors, first-time buyers, or DIY enthusiasts! Great location for easy access to the highway, shops and restaurants. Priced to sell!
-
2025-03-07$88,000 Active
Show marketing remark (256 chars)
Looking for a budget-friendly home with room to grow? This 3 bedroom, 1 bathroom bungalow is a fantastic opportunity for investors, first-time buyers, or DIY enthusiasts! Great location for easy access to the highway, shops and restaurants. Priced to sell!
-
2025-03-07$88,000 Active 256-char remark
Show marketing remark (256 chars)
Looking for a budget-friendly home with room to grow? This 3 bedroom, 1 bathroom bungalow is a fantastic opportunity for investors, first-time buyers, or DIY enthusiasts! Great location for easy access to the highway, shops and restaurants. Priced to sell!
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2025-03-04historical $88,000
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2020-05-19soldstatus $50,000
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2020-03-06soldstatus $50,000 Closed
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2020-03-06soldstatus $50,000 Sold
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2020-03-04status Pending
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2020-03-04status Pending
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2020-01-31price $50,000
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2020-01-30status Active
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2020-01-30price $50,000
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2020-01-30status Active
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2020-01-06historical
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2020-01-06historical
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2019-10-24price $51,995
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2019-10-24price $51,995
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2019-10-24status Active
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2019-10-24status Active
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2019-10-14status Pending
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2019-10-14status Pending
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2019-09-28price $52,995
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2019-09-27price $52,995
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2019-09-27status Active
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2019-09-27status Active
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2019-09-13status 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
- $2,053 · $171/mo
- Projected year-2 tax
- $2,053 · $171/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ 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 3 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,656
- − Mortgage interest
- −$6,722
- − Property taxes
- −$2,053
- − Insurance
- −$600
- − Repairs & maintenance
- −$1,332
- − Management
- −$1,332
- − Depreciation
- −$3,491
- Taxable income
- $1,125
- Est. tax owed @ 24.0%
- −$270
- After-tax cash flow
- $2,684/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
- Harper Woods School District
- NCES district ID
- 2617760
- Math proficiency
- 4% ▼ -7.00%
- Reading proficiency
- 15% ▼ -9.00%
- Median HH income
- $46,155
- Composite
- 8.8/100
- National rank
- #9892
- State rank
- #524 of 540 in MI
Livability — Harper Woods
- Score
- 73/100
- State rank
- #199
- US rank
- #5054
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Harper Woods, MI
- County
- Wayne County · 1,562,939 people
- City population
- 16,098
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 16,098
- Household income
- $61,750
- Rent vs Own
- Severe rent burden
- 410.0
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 (65%)
- Race & ethnicity
- Black 65% White 28% Two or more races 4% Hispanic / Latino 1%
- Common ancestry
- Romanian 4% Lithuanian 1% German 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 95% English-only · Arabic 2% 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
- ▼ -150.40%
- Current HPI
- 181.4961
- Rent YoY
- ▲ 5.10%
- 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 |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
+41.2% since first listed98 events — show timeline
- 2026-03-12 Price Changed $120,000 MiRealSource-MiMLS
- 2026-03-12 Price Changed $120,000 REALCOMP
- 2026-01-17 Listed $135,000 REALCOMP
- 2026-01-17 Listed $135,000 MiRealSource-MiMLS
- 2025-05-08 Sold (Public Records) $70,000 Public Records
- 2025-05-05 Sold (MLS) $70,000 MiRealSource-MiMLS
- 2025-05-05 Sold (MLS) $70,000 REALCOMP
- 2025-04-25 Pending — MiRealSource-MiMLS
- 2025-04-25 Pending — REALCOMP
- 2025-04-08 Price Changed $75,000 MiRealSource-MiMLS
- 2025-04-08 Price Changed $75,000 REALCOMP
- 2025-03-07 Listed $88,000 MiRealSource-MiMLS
- 2025-03-07 Listed $88,000 REALCOMP
- 2025-03-04 Coming Soon $88,000 MiRealSource-MiMLS
- 2020-05-19 Sold (Public Records) $50,000 Public Records
- 2020-03-06 Sold (MLS) $50,000 MiRealSource-MiMLS
- 2020-03-06 Sold (MLS) $50,000 REALCOMP
- 2020-03-04 Pending — MiRealSource-MiMLS
- 2020-03-04 Pending — REALCOMP
- 2020-01-31 Price Changed $50,000 MiRealSource-MiMLS
- 2020-01-30 Relisted — MiRealSource-MiMLS
- 2020-01-30 Price Changed $50,000 REALCOMP
- 2020-01-30 Relisted — REALCOMP
- 2020-01-06 Listing Removed — REALCOMP
- 2020-01-06 Listing Removed — MiRealSource-MiMLS
- 2019-10-24 Price Changed $51,995 MiRealSource-MiMLS
- 2019-10-24 Price Changed $51,995 REALCOMP
- 2019-10-24 Relisted — MiRealSource-MiMLS
- 2019-10-24 Relisted — REALCOMP
- 2019-10-14 Pending — MiRealSource-MiMLS
- 2019-10-14 Pending — REALCOMP
- 2019-09-28 Price Changed $52,995 MiRealSource-MiMLS
- 2019-09-27 Price Changed $52,995 REALCOMP
- 2019-09-27 Relisted — MiRealSource-MiMLS
- 2019-09-27 Relisted — REALCOMP
- 2019-09-13 Pending — MiRealSource-MiMLS
- 2019-09-13 Pending — REALCOMP
- 2019-08-31 Price Changed $49,995 MiRealSource-MiMLS
- 2019-08-30 Price Changed $49,995 REALCOMP
- 2019-08-23 Price Changed $53,995 MiRealSource-MiMLS
- 2019-08-23 Price Changed $53,995 REALCOMP
- 2019-08-09 Price Changed $54,995 MiRealSource-MiMLS
- 2019-08-08 Price Changed $54,995 REALCOMP
- 2019-07-19 Relisted — MiRealSource-MiMLS
- 2019-07-19 Relisted — REALCOMP
- 2019-06-20 Pending — MiRealSource-MiMLS
- 2019-06-20 Pending — REALCOMP
- 2019-06-14 Relisted — MiRealSource-MiMLS
- 2019-06-14 Relisted — REALCOMP
- 2019-06-07 Pending — MiRealSource-MiMLS
- 2019-06-07 Pending — REALCOMP
- 2019-05-28 Listed $56,999 MiRealSource-MiMLS
- 2019-05-28 Listed $56,999 REALCOMP
- 2019-04-25 Listing Removed — REALCOMP
- 2019-04-24 Listing Removed — MiRealSource-MiMLS
- 2019-04-16 Relisted — MiRealSource-MiMLS
- 2019-04-16 Relisted — REALCOMP
- 2019-04-15 Pending — MiRealSource-MiMLS
- 2019-04-15 Pending — REALCOMP
- 2019-03-26 Price Changed $52,999 MiRealSource-MiMLS
- 2019-03-25 Price Changed $52,999 REALCOMP
- 2019-03-25 Relisted — MiRealSource-MiMLS
- 2019-03-25 Relisted — REALCOMP
- 2019-02-07 Listing Removed — REALCOMP
- 2019-02-07 Listing Removed — MiRealSource-MiMLS
- 2019-02-04 Price Changed $50,990 MiRealSource-MiMLS
- 2019-02-04 Price Changed $50,990 REALCOMP
- 2019-01-29 Price Changed $52,990 MiRealSource-MiMLS
- 2019-01-28 Price Changed $52,990 REALCOMP
- 2019-01-28 Relisted — MiRealSource-MiMLS
- 2019-01-28 Relisted — REALCOMP
- 2019-01-26 Listing Removed — REALCOMP
- 2019-01-25 Listing Removed — MiRealSource-MiMLS
- 2018-11-02 Price Changed $53,990 MiRealSource-MiMLS
- 2018-11-01 Price Changed $53,990 REALCOMP
- 2018-10-27 Price Changed $58,999 MiRealSource-MiMLS
- 2018-10-27 Price Changed $58,999 REALCOMP
- 2018-10-24 Price Changed $58,995 MiRealSource-MiMLS
- 2018-10-20 Price Changed $58,995 REALCOMP
- 2018-10-10 Price Changed $59,400 MiRealSource-MiMLS
- 2018-10-10 Price Changed $59,400 REALCOMP
- 2018-10-08 Price Changed $59,500 MiRealSource-MiMLS
- 2018-10-08 Price Changed $59,500 REALCOMP
- 2018-10-06 Price Changed $59,800 MiRealSource-MiMLS
- 2018-10-05 Price Changed $59,800 REALCOMP
- 2018-10-02 Price Changed $59,900 MiRealSource-MiMLS
- 2018-10-01 Price Changed $59,900 REALCOMP
- 2018-09-27 Price Changed $59,950 MiRealSource-MiMLS
- 2018-09-27 Price Changed $59,950 REALCOMP
- 2018-09-25 Price Changed $59,995 MiRealSource-MiMLS
- 2018-09-25 Price Changed $59,995 REALCOMP
- 2018-09-22 Price Changed $59,999 MiRealSource-MiMLS
- 2018-09-21 Price Changed $59,999 REALCOMP
- 2018-09-17 Price Changed $64,500 MiRealSource-MiMLS
- 2018-09-17 Price Changed $64,500 REALCOMP
- 2018-09-14 Price Changed $64,999 MiRealSource-MiMLS
- 2018-09-13 Price Changed $64,999 REALCOMP
- 2001-02-14 Sold (Public Records) $85,000 Public Records
Property tax history
+0.7%/yrLatest (2025): $2,053 · -46.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…