11050 Willowgreen Ct · Whitmore Lake, MI 48178

$150,000

3 bd · 2.0 ba · 1,904 sqft · Other · 108 Days on market

Built 2003 4,356 sqft lot $79/sqft · 42% above area Est $106k · 42% over ↓ 3% since listing

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +26.4/30.0
• DSCR +9.0/10.0
• 1% rule +5.7/10.0
• Schools +4.7/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Don't miss this opportunity to own a spacious and well maintained manufactured home featuring a large deck, wheelchair lift, and a huge 2.5 car garage. Offering over 1,900 square feet of living space, this home features 3 bedrooms and 2 full baths with an open floor plan that provides comfortable living and a great layout for both everyday life and entertaining. A large foyer welcomes you into the home and sets the tone for the generous space throughout. The living room features a cozy gas fireplace, creating a warm and inviting place to relax. The primary bedroom offers a true retreat with a private ensuite bath featuring double sinks, a large soaking tub, separate shower, and a huge walk in closet. The large kitchen includes an island, abundant cabinet space, and flows nicely into the separate dining room, making it ideal for gatherings and family meals. Additional storage is plentiful with a 10 x 10 shed and the oversized 2.5 car garage, providing plenty of room for vehicles, tools, and recreational equipment. Major mechanical updates include the roof, furnace, air conditioner, and hot water heater, all only 3 years old. Located in the highly desirable Woodland Ridge Manufactured Home Community in South Lyon within Green Oak Township. The community offers wonderful amenities including an inground pool, scenic walking trails, playground, basketball courts, tennis courts, two dog parks, and a clubhouse. Lot rent is $895 per month and includes trash removal and grounds maintenance. Property taxes are only $250 per year on the garage, and there are no property taxes on the home. Pets are allowed. Buyers must be approved by the community after an accepted offer. Manufactured home financing is available. Contact the listing agent for lender information. BATAVI.

Key facts

• Double sinks
• Wheelchair lift
• Open floor plan

Tags

• WHEELCHAIR LIFT
• HUGE GARAGE
• OPEN FLOOR PLAN
• PRIVATE ENSUITE BATH
• DOUBLE SINKS
• LARGE SOAKING TUB

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $150k.

Deal economics

• At list price, monthly cash flow is $391 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $136k (9.0% below list) — sets the bar for market timing.
• Cap rate 9.4% vs local median 2.5% in Whitmore Lake — 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 71/100 on livability (#279 in MI) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• South Lyon Community Schools (suburban): math 46% / reading 59% proficiency, ranked #74 of 540 in MI (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 16% free/reduced lunch — higher-income household profile.
• Market conditions: 350 active listings in the ZIP; 2 comparable units currently listed for rent nearby; high-income renter base; 488 units permitted in Livingston County in 2024 (0 in 5+ unit buildings).
• This rent is only 15% of the median local income ($132k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Livingston County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 108 days — a 9% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 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.

Recommended offer $136,500 (9.0% below list)

Questions for the listing agent

1. It's been on market 108 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 1.07% ✓
• Cap rate: 9.42%
• Cash-on-cash: 11.18%
• DSCR: 1.50
• GRM: 7.8

CMA / ARV

• ARV (median comp): $105,638
• List price: $150,000
• Delta: 41.99%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 0.3%
• Equity multiple: 1.01×
• Total profit: $534
• Equity at exit: $22,365

10-year hold

• IRR: 9.9%
• Equity multiple: 1.77×
• Total profit: $32,252
• Equity at exit: $12,969

Cash invested: $42,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48178

• Active inventory: 350
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,610 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$31 /mo · $377/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$338
• Net cashflow: $391

Break-even live

Break-even rent $1,115

Max offer price $150,000

Occupancy floor 71%

Sensitivity live

Price	-10% $476	-5% $434	+0% $391	+5% $349	+10% $306
Rent	-10% $264	-5% $328	+0% $391	+5% $455	+10% $518
Rate	-1.0pp $467	-0.5pp $429	base $391	+0.5pp $352	+1.0pp $313

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11222 Shady Brook Ct Unit 367 South Lyon, MI	4.0	2.0	1680	$1,549	$0.92	0d	1	0.17mi
11803 Stoneridge Ct Unit 307 South Lyon, MI	3.0	2.0	1344	$1,569	$1.17	44d	1	0.29mi

Listing history 19 events

1. 2026-06-21
   days on market $150,000 Active 108 DOM
2. 2026-06-18
   days on market $150,000 Active 105 DOM
3. 2026-06-17
   days on market $150,000 Active 104 DOM
4. 2026-06-16
   days on market $150,000 Active 103 DOM
5. 2026-06-15
   days on market $150,000 Active 102 DOM
6. 2026-06-13
   days on market $150,000 Active 100 DOM
7. 2026-06-13
   days on market $150,000 Active 99 DOM
8. 2026-06-09
   days on market $150,000 Active 96 DOM
9. 2026-06-08
   days on market $150,000 Active 95 DOM
10. 2026-06-07
    days on market $150,000 Active 94 DOM
11. 2026-06-04
    days on market $150,000 Active 91 DOM
12. 2026-06-03
    days on market $150,000 Active 90 DOM
13. 2026-06-02
    days on market $150,000 Active 89 DOM
14. 2026-06-01
    days on market $150,000 Active 88 DOM
15. 2026-05-31
    days on market $150,000 Active 87 DOM
16. 2026-04-13
    price $150,000 1788-char remark

    Show marketing remark (1788 chars)

    Don't miss this opportunity to own a spacious and well maintained manufactured home featuring a large deck, wheelchair lift, and a huge 2.5 car garage. Offering over 1,900 square feet of living space, this home features 3 bedrooms and 2 full baths with an open floor plan that provides comfortable living and a great layout for both everyday life and entertaining. A large foyer welcomes you into the home and sets the tone for the generous space throughout. The living room features a cozy gas fireplace, creating a warm and inviting place to relax. The primary bedroom offers a true retreat with a private ensuite bath featuring double sinks, a large soaking tub, separate shower, and a huge walk in closet. The large kitchen includes an island, abundant cabinet space, and flows nicely into the separate dining room, making it ideal for gatherings and family meals. Additional storage is plentiful with a 10 x 10 shed and the oversized 2.5 car garage, providing plenty of room for vehicles, tools, and recreational equipment. Major mechanical updates include the roof, furnace, air conditioner, and hot water heater, all only 3 years old. Located in the highly desirable Woodland Ridge Manufactured Home Community in South Lyon within Green Oak Township. The community offers wonderful amenities including an inground pool, scenic walking trails, playground, basketball courts, tennis courts, two dog parks, and a clubhouse. Lot rent is $895 per month and includes trash removal and grounds maintenance. Property taxes are only $250 per year on the garage, and there are no property taxes on the home. Pets are allowed. Buyers must be approved by the community after an accepted offer. Manufactured home financing is available. Contact the listing agent for lender information. BATAVI.

17. 2026-04-12
    price $150,000 1794-char remark

    Show marketing remark (1794 chars)

    Don’t miss this opportunity to own a spacious and well maintained manufactured home featuring a large deck, wheelchair lift, and a huge 2.5 car garage. Offering over 1,900 square feet of living space, this home features 3 bedrooms and 2 full baths with an open floor plan that provides comfortable living and a great layout for both everyday life and entertaining. A large foyer welcomes you into the home and sets the tone for the generous space throughout. The living room features a cozy gas fireplace, creating a warm and inviting place to relax. The primary bedroom offers a true retreat with a private ensuite bath featuring double sinks, a large soaking tub, separate shower, and a huge walk in closet. The large kitchen includes an island, abundant cabinet space, and flows nicely into the separate dining room, making it ideal for gatherings and family meals. Additional storage is plentiful with a 10 x 10 shed and the oversized 2.5 car garage, providing plenty of room for vehicles, tools, and recreational equipment. Major mechanical updates include the roof, furnace, air conditioner, and hot water heater, all only 3 years old. Located in the highly desirable Woodland Ridge Manufactured Home Community in South Lyon within Green Oak Township. The community offers wonderful amenities including an inground pool, scenic walking trails, playground, basketball courts, tennis courts, two dog parks, and a clubhouse. Lot rent is $895 per month and includes trash removal and grounds maintenance. Property taxes are only $250 per year on the garage, and there are no property taxes on the home. Pets are allowed. Buyers must be approved by the community after an accepted offer. Manufactured home financing is available. Contact the listing agent for lender information. BATAVI.

18. 2026-03-05
    listed $155,000 Active 1788-char remark

    Show marketing remark (1794 chars)

    Don’t miss this opportunity to own a spacious and well maintained manufactured home featuring a large deck, wheelchair lift, and a huge 2.5 car garage. Offering over 1,900 square feet of living space, this home features 3 bedrooms and 2 full baths with an open floor plan that provides comfortable living and a great layout for both everyday life and entertaining. A large foyer welcomes you into the home and sets the tone for the generous space throughout. The living room features a cozy gas fireplace, creating a warm and inviting place to relax. The primary bedroom offers a true retreat with a private ensuite bath featuring double sinks, a large soaking tub, separate shower, and a huge walk in closet. The large kitchen includes an island, abundant cabinet space, and flows nicely into the separate dining room, making it ideal for gatherings and family meals. Additional storage is plentiful with a 10 x 10 shed and the oversized 2.5 car garage, providing plenty of room for vehicles, tools, and recreational equipment. Major mechanical updates include the roof, furnace, air conditioner, and hot water heater, all only 3 years old. Located in the highly desirable Woodland Ridge Manufactured Home Community in South Lyon within Green Oak Township. The community offers wonderful amenities including an inground pool, scenic walking trails, playground, basketball courts, tennis courts, two dog parks, and a clubhouse. Lot rent is $895 per month and includes trash removal and grounds maintenance. Property taxes are only $250 per year on the garage, and there are no property taxes on the home. Pets are allowed. Buyers must be approved by the community after an accepted offer. Manufactured home financing is available. Contact the listing agent for lender information. BATAVI.

19. 2026-03-05
    listed $155,000 Active 1794-char remark

    Show marketing remark (1794 chars)

    Don’t miss this opportunity to own a spacious and well maintained manufactured home featuring a large deck, wheelchair lift, and a huge 2.5 car garage. Offering over 1,900 square feet of living space, this home features 3 bedrooms and 2 full baths with an open floor plan that provides comfortable living and a great layout for both everyday life and entertaining. A large foyer welcomes you into the home and sets the tone for the generous space throughout. The living room features a cozy gas fireplace, creating a warm and inviting place to relax. The primary bedroom offers a true retreat with a private ensuite bath featuring double sinks, a large soaking tub, separate shower, and a huge walk in closet. The large kitchen includes an island, abundant cabinet space, and flows nicely into the separate dining room, making it ideal for gatherings and family meals. Additional storage is plentiful with a 10 x 10 shed and the oversized 2.5 car garage, providing plenty of room for vehicles, tools, and recreational equipment. Major mechanical updates include the roof, furnace, air conditioner, and hot water heater, all only 3 years old. Located in the highly desirable Woodland Ridge Manufactured Home Community in South Lyon within Green Oak Township. The community offers wonderful amenities including an inground pool, scenic walking trails, playground, basketball courts, tennis courts, two dog parks, and a clubhouse. Lot rent is $895 per month and includes trash removal and grounds maintenance. Property taxes are only $250 per year on the garage, and there are no property taxes on the home. Pets are allowed. Buyers must be approved by the community after an accepted offer. Manufactured home financing is available. Contact the listing agent for lender information. BATAVI.

ⓘ 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: $377 · $31/mo
• Projected year-2 tax: $1,343 · $112/mo
• Expected delta: +$967/yr (+$81/mo · 256.6%)

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

Taxation est. · year 1

• Rental income: $19,316
• − Mortgage interest: −$8,402
• − Property taxes: −$377
• − Insurance: −$750
• − Repairs & maintenance: −$1,545
• − Management: −$1,545
• − Depreciation: −$4,364
• Taxable income: $2,333
• Est. tax owed @ 24.0%: −$560
• After-tax cash flow: $4,134/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: South Lyon Community Schools
• NCES district ID: 2632250
• Math proficiency: 46% ▼ -10.00%
• Reading proficiency: 59% ▼ -4.00%
• Median HH income: $71,419
• Composite: 46.86/100
• National rank: #2372
• State rank: #74 of 540 in MI

Livability — Whitmore Lake

• Score: 71/100
• State rank: #279
• US rank: #6864

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Oakland County · 1,009,092 people
• City population: 13,893
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 37,789
• Household income: $131,558
• Rent vs Own: 8.8% rent · 91.2% own
• Severe rent burden: 141.0

Population outlook (Livingston County) Hauer SSP2

• Today (2025): 202,920 people
• By 2030: 209,173 · +3.1%
• By 2040: 216,878 · +6.9%
• By 2050: 217,485 · +7.2%
• By 2075: 217,590 · +7.2%
• By 2100: 197,095 · -2.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Two or more races 4% Asian 4% Hispanic / Latino 3% Black 1%
• Common ancestry: Romanian 14% Lithuanian 4% Slovak 4%
• Foreign-born: 7% · Canada, South Korea, China
• Languages at home: 93% English-only · Other Indo-European 2% Other Asian/Pacific 1% Chinese 1%

Political lean MEDSL · Livingston

• 2024 margin: Strong R (+23.9) · D 37.4% · R 61.3% · Other 1.3%
• 2008→2024 swing: -10.7pp toward R · 2008: -13.3pp · 2024: -23.9pp
• All cycles: 2024: R+23.9 2020: R+22.6 2016: R+29.6 2012: R+23.3 2008: R+13.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -251.96%
• Current HPI: 197.5122
• 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
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

-3.2% since first listed

4 events — show timeline

• 2026-04-13 Price Changed $150,000 MiRealSource-MiMLS
• 2026-04-12 Price Changed $150,000 REALCOMP
• 2026-03-05 Listed $155,000 REALCOMP
• 2026-03-05 Listed $155,000 MiRealSource-MiMLS

Property tax history

+8.5%/yr

Latest (2025): $377 · +1098.7% YoY. Source: county tax records.