6003 Esther Not Applicable · Romulus, MI
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- 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
- ARV discount +7.5/15.0
- Livability +3.0/5.0
- Rent growth +2.5/5.0
- Schools +1.3/10.0
- Condition / age +1.0/5.0
- Appreciation +0.0/10.0
$41,100
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
Key facts
- Picnic area
- Community management
- Clubhouse
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath manufactured listed at $41k. Condition is rated poor.
Deal economics
- At list price, monthly cash flow is $952 ($11k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $41k).
- Recommended offer: $36k (12.0% below list) — sets the bar for market timing.
- Cap rate 34.1% vs local median 4.2% in Romulus — 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 60/100 on livability (#593 in MI) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: commute D+, schools F, crime F.
- Romulus Community Schools (suburban): math 9% / reading 21% proficiency, ranked #498 of 540 in MI (top 92%) — 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: 215 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 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 $284 of loan paydown is wiped out by about $1k 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 $12k cash investment doubles in ~2 years — after that, you're playing with house money.
Negotiation context
- It's been on market 782 days — a 12% lower offer ($36k) is reasonable based on typical stale-listing flexibility.
- 18 sale attempts since 2y 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.
Questions for the listing agent
- It's been on market 782 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- 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 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?
- 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
- 3.81% ✓
- Cap rate
- 34.09%
- Cash-on-cash
- 99.27%
- DSCR
- 5.42
- GRM
- 2.2
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- —
- Equity multiple
- 5.69×
- Total profit
- $53,999
- Equity at exit
- $6,128
- IRR
- —
- Equity multiple
- 11.88×
- Total profit
- $125,195
- Equity at exit
- $3,554
Cash invested: $11,508 (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 48174
- Active inventory
- 215
- Price-to-rent
- 2.2×
Monthly cashflow live
- Estimated rent
- $1,565 medium interval (Pro) →
- Mortgage (P&I)
- −$216
- Tax est. 1.5%
- −$51 /mo · $616/yr
- Insurance
- −$17
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$329
- Net cashflow
- $952
Break-even live
Sensitivity live
| Price | -10% $980 | -5% $966 | +0% $952 | +5% $938 | +10% $924 |
|---|---|---|---|---|---|
| Rent | -10% $828 | -5% $890 | +0% $952 | +5% $1,014 | +10% $1,076 |
| Rate | -1.0pp $973 | -0.5pp $962 | base $952 | +0.5pp $941 | +1.0pp $931 |
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
- $10,275
- Closing costs
- $1,233
- 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 2 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 26274 McDonald St Dearborn Heights, MI | 3.0 | 1.0 | 1365 | $1,575 | $1.15 | 0d | 1 | 1.42mi |
| 3236 Walnut St Inkster, MI | 3.0 | 1.0 | 1096 | $1,495 | $1.36 | 0d | 1 | 1.44mi |
Listing history 49 events
-
2026-06-18days on market $41,100 Active 782 DOM
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2026-06-17days on market $41,100 Active 781 DOM
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2026-06-16days on market $41,100 Active 780 DOM
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2026-06-15days on market $41,100 Active 779 DOM
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2026-06-13days on market $41,100 Active 777 DOM
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2026-06-13days on market $41,100 Active 776 DOM
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2026-06-09days on market $41,100 Active 773 DOM
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2026-06-08days on market $41,100 Active 772 DOM
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2026-06-07days on market $41,100 Active 771 DOM
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2026-06-04days on market $41,100 Active 768 DOM
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2026-06-03days on market $41,100 Active 767 DOM
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2026-06-02days on market $41,100 Active 766 DOM
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2026-06-01days on market $41,100 Active 765 DOM
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2026-05-31days on market $41,100 Active 764 DOM
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2024-05-06status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-06historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-06status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-05historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-05status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-03historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-03status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-02historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-05-02status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-23historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-22status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-22historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-22status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-22historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-21status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-21historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-20status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-20historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-20status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-19historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-16status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-16historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-16status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-15historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-14status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-13historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-12status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-12historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
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2024-04-11status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-11historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-11status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-11historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-10status Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
-
2024-04-10historical 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
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2024-04-10$41,100 Active 423-char remark
Show marketing remark (423 chars)
* THIS IS A RESALE LISTING * You'll love living in this 3 bedroom, 1.5 bathroom home within a wonderful family-friendly community. Check out the awesome amenities your community has to offer such as a basketball court, a clubhouse, a picnic area / pavilion / grill, and more! This home won't be on the market long, so call us today for more information or to schedule a tour. Deposits & Fees are subject to change.
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
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Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $18,776
- − Mortgage interest
- −$2,302
- − Property taxes
- −$616
- − Insurance
- −$206
- − Repairs & maintenance
- −$1,502
- − Management
- −$1,502
- − Depreciation
- −$1,196
- Taxable income
- $11,452
- Est. tax owed @ 24.0%
- −$2,748
- After-tax cash flow
- $8,676/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.
Condition & rehab AI · 2 photos
This manufactured home requires extensive repairs and maintenance, including exterior siding, roof, and landscaping. Significant updates are needed to improve its condition and value.
Repairs flagged
- Major exterior siding — Significant wear and tear
- Major roof — No visible damage, but may need inspection
- Major interior walls/paint — No visible walls/paint, but may need inspection
- Major windows — No visible windows, but may need inspection
- Major foundation/structure — No visible foundation/structure, but may need inspection
- Major HVAC/mechanicals — No visible HVAC/mechanicals, but may need inspection
- Major landscaping — Overgrown lawn, unkempt appearance
Value-add opportunities
- Both exterior siding repair — Improves curb appeal and home value
- Both paint interior and exterior — Enhances home's appearance and value
- Both landscaping — Improves curb appeal and home value
- Both roof inspection and repair — Ensures structural integrity and value
- Both HVAC inspection and repair — Improves comfort and energy efficiency
Renovation cost estimate screening
| Repair item | Severity | Est. cost |
|---|---|---|
| exterior siding · Significant wear and tear | Major | $15,000–50,000 |
| roof · No visible damage, but may need inspection | Major | $15,000–50,000 |
| interior walls/paint · No visible walls/paint, but may need inspection | Major | $15,000–50,000 |
| windows · No visible windows, but may need inspection | Major | $15,000–50,000 |
| foundation/structure · No visible foundation/structure, but may need inspection | Major | $15,000–50,000 |
| HVAC/mechanicals · No visible HVAC/mechanicals, but may need inspection | Major | $15,000–50,000 |
| landscaping · Overgrown lawn, unkempt appearance | Major | $15,000–50,000 |
| Total estimated repair cost · 7 items | $105,000–350,000 |
Value-add ROI direction
- Both exterior siding repair — Improves curb appeal and home value ↑
- Both paint interior and exterior — Enhances home's appearance and value ↑
- Both landscaping — Improves curb appeal and home value ↑
- Both roof inspection and repair — Ensures structural integrity and value ↑
- Both HVAC inspection and repair — Improves comfort and energy efficiency ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Romulus Community Schools
- NCES district ID
- 2630120
- Math proficiency
- 9% ▼ -14.00%
- Reading proficiency
- 21% ▼ -9.00%
- Median HH income
- $44,165
- Composite
- 13.17/100
- National rank
- #9556
- State rank
- #498 of 540 in MI
Livability — Romulus
- Score
- 60/100
- State rank
- #593
- US rank
- #19387
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Romulus, MI
- County
- Wayne County · 1,562,939 people
- City population
- 32,211
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 32,211
- Household income
- $67,056
- Rent vs Own
- Severe rent burden
- 755.0
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 0.59)
- Race & ethnicity
- White 52% Black 37% Two or more races 8% Hispanic / Latino 2% Asian 1%
- Common ancestry
- Romanian 6% Lithuanian 3% Italian 2%
- Foreign-born
- 4% · Canada, Vietnam
- Languages at home
- 94% English-only · Spanish 2% Other Indo-European 1% Other Asian/Pacific 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
- ▼ -171.93%
- Current HPI
- 207.8345
- 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 |
|---|---|---|
| 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
35 events — show timeline
- 2024-05-06 Relisted — Zillow
- 2024-05-06 Delisted — Zillow
- 2024-05-06 Relisted — Zillow
- 2024-05-05 Delisted — Zillow
- 2024-05-05 Relisted — Zillow
- 2024-05-03 Delisted — Zillow
- 2024-05-03 Relisted — Zillow
- 2024-05-02 Delisted — Zillow
- 2024-05-02 Relisted — Zillow
- 2024-04-23 Delisted — Zillow
- 2024-04-22 Relisted — Zillow
- 2024-04-22 Delisted — Zillow
- 2024-04-22 Relisted — Zillow
- 2024-04-22 Delisted — Zillow
- 2024-04-21 Relisted — Zillow
- 2024-04-21 Delisted — Zillow
- 2024-04-20 Relisted — Zillow
- 2024-04-20 Delisted — Zillow
- 2024-04-20 Relisted — Zillow
- 2024-04-19 Delisted — Zillow
- 2024-04-16 Relisted — Zillow
- 2024-04-16 Delisted — Zillow
- 2024-04-16 Relisted — Zillow
- 2024-04-15 Delisted — Zillow
- 2024-04-14 Relisted — Zillow
- 2024-04-13 Delisted — Zillow
- 2024-04-12 Relisted — Zillow
- 2024-04-12 Delisted — Zillow
- 2024-04-11 Relisted — Zillow
- 2024-04-11 Delisted — Zillow
- 2024-04-11 Relisted — Zillow
- 2024-04-11 Delisted — Zillow
- 2024-04-10 Relisted — Zillow
- 2024-04-10 Delisted — Zillow
- 2024-04-10 Listed $41,100 Zillow
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…