27740 Bohnhoff St · Roseville, 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 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D 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 +14.2/30.0
- ARV discount +7.3/15.0
- 1% rule +5.5/10.0
- DSCR +4.3/10.0
- Livability +3.6/5.0
- Rent growth +2.6/5.0
- Condition / age +2.5/5.0
- Schools +1.5/10.0
- Appreciation +0.0/10.0
$154,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Fully Renovated 4-Bed Home - Nothing Left to Do! Welcome to 27740 Bohnhoff St - completely transformed inside and out. This 4-bedroom, 1-bath, 1,224 sq ft two-story home underwent a full renovation in 2023, and it shows. Every detail has been updated: new flooring throughout, fresh paint, brand new kitchen with new cabinetry, stainless steel appliances, and stylish gold fixtures that give the home a modern, designer feel. The big-ticket mechanicals are all taken care of, too - brand new furnace, central A/C, and water heater (2025) and a newer roof (2017), so you can move in with total peace of mind and zero surprises. Outside, you'll find a detached one-car garage and a great location close to shopping, dining, schools, and quick access to both I-94 and I-696. This is truly a turn-key home - just unpack and enjoy.
Key facts
- 5,227 sq ft lot
- Garage
- Built 1930
Property features AI
Finance
- Other: Pets allowed
Exterior
- Parking: Detached 1-car garage
- Utilities: Public water; Public sewer
- Home design: Single family residence; Two levels; Ground-level entry
- Construction: Vinyl siding; Built with crawl space foundation
- Exterior features: Exterior lighting; Level lot; Paved road access; Lot dimensions approximately 40 x 125 (0.12 acres)
Interior
- Kitchen: Dishwasher; Disposal; Exhaust fan; Free‑standing electric oven; Free‑standing refrigerator; Stainless steel appliances
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating; Exhaust fan (ventilation); Central air conditioning
- Interior features: Other interior features; Crawl space basement; 6 total rooms
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.0-bath single-family listed at $155k.
Deal economics
- At list price, monthly cash flow is $25 ($303/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $155k).
- Recommended offer: $153k (1.5% below list) — sets the bar for market timing.
Location & tenants
- Location reads 72/100 on livability (#258 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D+, employment D, schools F.
- Roseville Community Schools (suburban): math 11% / reading 24% proficiency, ranked #483 of 540 in MI (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents flat; 265 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,321 units permitted in Macomb County in 2024 (86 in 5+ unit buildings).
- This rent runs 31% of the median local income ($62k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
- Macomb County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 28 days — a 2% lower offer ($153k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 25y 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.
- Current owner paid $95k; list at $155k implies a 63% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: property tax is 3.0% of price; built in 1930 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- 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?
- 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?
- 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
- 1.05% ✓
- Cap rate
- 6.49%
- Cash-on-cash
- 0.70%
- DSCR
- 1.03
- GRM
- 7.9
CMA / ARV
- ARV (median comp)
- $154,066
- List price
- $154,900
- Delta
- 0.54%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 27825 Kaufman St | 0.23mi | 3/1.0 (-1) | 1,200 (-2%) | 1mo | $195,000 | $163 | 80 |
| 28059 Schram St | 0.19mi | 3/1.0 (-1) | 1,119 (-9%) | 3mo | $135,000 | $121 | 69 |
| 27520 Bohnhoff St | 0.09mi | 3/2.0 (-1) | 1,064 (-13%) | 0mo | $242,000 | $227 | 65 |
| 27540 Kaufman St | 0.27mi | 3/1.0 (-1) | 1,092 (-11%) | 0mo | $160,000 | $147 | 64 |
| 27540 KAUFMAN St | 0.27mi | 3/1.0 (-1) | 1,092 (-11%) | 0mo | $160,000 | $147 | 64 |
| 26671 Belleair St | 0.52mi | 3/2.0 (-1) | 1,218 (-0%) | 3mo | $154,900 | $127 | 63 |
| 28441 Jahns Dr | 0.32mi | 3/1.0 (-1) | 1,092 (-11%) | 2mo | $145,000 | $133 | 60 |
| 28076 Schram St | 0.21mi | 3/1.5 (-1) | 1,400 (+14%) | 3mo | $245,000 | $175 | 57 |
| 26414 Waldorf St | 0.68mi | 3/1.0 (-1) | 1,290 (+5%) | 0mo | $180,000 | $140 | 54 |
| 28110 Garfield St | 0.38mi | 3/1.5 (-1) | 1,070 (-13%) | 1mo | $245,000 | $229 | 54 |
| 28900 Ursuline St | 0.72mi | 3/1.5 (-1) | 1,256 (+3%) | 2mo | $250,000 | $199 | 54 |
| 18239 Glendale St | 0.71mi | 3/2.0 (-1) | 1,376 (+12%) | 0mo | $204,000 | $148 | 37 |
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 · 0.39% rent growth · sell at horizon
- IRR
- -18.6%
- Equity multiple
- 0.37×
- Total profit
- $-27,508
- Equity at exit
- $23,096
- IRR
- -18.6%
- Equity multiple
- 0.14×
- Total profit
- $-37,502
- Equity at exit
- $13,393
Cash invested: $43,372 (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 48066
- Rents YoY
- 0.4%
- Active inventory
- 265
- Price-to-rent
- 7.9×
Monthly cashflow live
- Estimated rent
- $1,624 high interval (Pro) →
- Mortgage (P&I)
- −$812
- Tax from tax record
- −$381 /mo · $4,572/yr
- Insurance
- −$65
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$341
- Net cashflow
- $25
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
- $38,725
- Closing costs
- $4,647
- 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 9 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 27881 O Neil Roseville, MI | 3.0 | 1.0 | 1300 | $1,300 | $1.00 | 24d | 1 | 0.19mi |
| 27547 O Neil Roseville, MI | 3.0 | 1.0 | 1014 | $1,350 | $1.33 | 4d | 1 | 0.20mi |
| 27067 Lawnwood St Roseville, MI | 3.0 | 1.0 | 960 | $1,500 | $1.56 | 43d | 1 | 0.34mi |
| 18410 Tranquil St Roseville, MI | 3.0 | 1.0 | 1140 | $1,800 | $1.58 | 14d | 1 | 0.60mi |
| 18410 Tranquil St Roseville, MI | 3.0 | 1.0 | 1140 | $1,800 | $1.58 | 43d | 1 | 0.60mi |
| 17405 Ivanhoe St Roseville, MI | 3.0 | 1.0 | 969 | $1,600 | $1.65 | 43d | 1 | 0.81mi |
| 17392 Tennyson St Roseville, MI | 3.0 | 1.0 | 900 | $1,649 | $1.83 | 2d | 1 | 0.84mi |
| 28744 Maple St Roseville, MI | 3.0 | 1.0 | 1050 | $1,295 | $1.23 | 43d | 1 | 0.94mi |
| 28232 Floral St Unit 1032343P Roseville, MI | 3.0 | 1.0 | 1496 | $6,605 | $4.42 | 12d | 1 | 1.23mi |
Listing history 29 events
-
2026-04-28$154,900 Active 834-char remark
Show marketing remark (834 chars)
Fully Renovated 4-Bed Home - Nothing Left to Do! Welcome to 27740 Bohnhoff St - completely transformed inside and out. This 4-bedroom, 1-bath, 1,224 sq ft two-story home underwent a full renovation in 2023, and it shows. Every detail has been updated: new flooring throughout, fresh paint, brand new kitchen with new cabinetry, stainless steel appliances, and stylish gold fixtures that give the home a modern, designer feel. The big-ticket mechanicals are all taken care of, too - brand new furnace, central A/C, and water heater (2025) and a newer roof (2017), so you can move in with total peace of mind and zero surprises. Outside, you'll find a detached one-car garage and a great location close to shopping, dining, schools, and quick access to both I-94 and I-696. This is truly a turn-key home - just unpack and enjoy.
-
2026-04-28$154,900 Active 852-char remark
Show marketing remark (834 chars)
Fully Renovated 4-Bed Home - Nothing Left to Do! Welcome to 27740 Bohnhoff St - completely transformed inside and out. This 4-bedroom, 1-bath, 1,224 sq ft two-story home underwent a full renovation in 2023, and it shows. Every detail has been updated: new flooring throughout, fresh paint, brand new kitchen with new cabinetry, stainless steel appliances, and stylish gold fixtures that give the home a modern, designer feel. The big-ticket mechanicals are all taken care of, too - brand new furnace, central A/C, and water heater (2025) and a newer roof (2017), so you can move in with total peace of mind and zero surprises. Outside, you'll find a detached one-car garage and a great location close to shopping, dining, schools, and quick access to both I-94 and I-696. This is truly a turn-key home - just unpack and enjoy.
-
2023-12-26historical
-
2023-12-26historical
-
2023-11-28price $175,000
-
2023-11-27price $175,000
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2023-11-18price $179,900
-
2023-11-17price $179,900
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2023-11-10$185,000 Active
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2023-11-10$185,000 Active
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2023-11-09historical
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2023-11-09historical
-
2023-07-14soldstatus $95,000
-
2023-07-07soldstatus $95,000 Sold
-
2023-07-07soldstatus $95,000 Closed
-
2023-06-08status Pending
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2023-06-08status Pending
-
2023-06-08status Active
-
2023-06-08status Active
-
2023-06-04status Pending
-
2023-06-04status Pending
-
2023-06-03$110,000 Active
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2023-06-03$110,000 Active
-
2023-06-02historical $110,000
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2023-06-02historical $110,000
-
2001-11-02soldstatus $89,800
-
2001-09-27soldstatus $89,800
-
2001-08-30historical
-
2001-08-22$89,800
ⓘ 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
- $4,572 · $381/mo
- Projected year-2 tax
- $4,572 · $381/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 ≥96°F today · 15 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 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
- $19,491
- − Mortgage interest
- −$8,677
- − Property taxes
- −$4,572
- − Insurance
- −$774
- − Repairs & maintenance
- −$1,559
- − Management
- −$1,559
- − Depreciation
- −$4,506
- Taxable loss
- −$2,157
- Est. tax savings @ 24.0%
- +$518
- After-tax cash flow
- $821/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
- Roseville Community Schools
- NCES district ID
- 2630210
- Math proficiency
- 11% ▼ -8.00%
- Reading proficiency
- 24% ▼ -7.00%
- Median HH income
- $41,590
- Composite
- 14.98/100
- National rank
- #9363
- State rank
- #483 of 540 in MI
Livability — Roseville
- Score
- 72/100
- State rank
- #258
- US rank
- #6400
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Roseville, MI
- County
- Macomb County · 638,552 people
- City population
- 47,123
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 47,123
- Household income
- $62,182
- Rent vs Own
- Severe rent burden
- 1712.0
Population outlook (Macomb County) Hauer SSP2
- Today (2025)
- 925,296 people
- By 2030
- 948,226 · +2.5%
- By 2040
- 983,961 · +6.3%
- By 2050
- 1,010,200 · +9.2%
- By 2075
- 1,076,222 · +16.3%
- By 2100
- 1,077,065 · +16.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (65%)
- Race & ethnicity
- White 65% Black 23% Two or more races 7% Hispanic / Latino 4% Asian 2%
- Common ancestry
- Romanian 12% Lithuanian 4% Slovak 2%
- Foreign-born
- 5% · Canada
- Languages at home
- 93% English-only · Spanish 2% Russian/Polish/Slavic 1% Other Indo-European 1%
Political lean MEDSL · Macomb
- 2024 margin
- R (+13.7) · D 42.2% · R 55.9% · Other 1.9%
- 2008→2024 swing
- -22.3pp toward R · 2008: 8.6pp · 2024: -13.7pp
- All cycles
- 2024: R+13.7 2020: R+8.1 2016: R+11.6 2012: D+4.0 2008: D+8.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -232.95%
- Current HPI
- 217.4171
- Rent YoY
- ▲ 0.39%
- 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
+72.5% since first listed31 events — show timeline
- 2026-05-26 Pending — MiRealSource-MiMLS
- 2026-05-26 Pending — REALCOMP
- 2026-04-28 Listed $154,900 REALCOMP
- 2026-04-28 Listed $154,900 MiRealSource-MiMLS
- 2023-12-26 Listing Removed — MiRealSource-MiMLS
- 2023-12-26 Listing Removed — REALCOMP
- 2023-11-28 Price Changed $175,000 MiRealSource-MiMLS
- 2023-11-27 Price Changed $175,000 REALCOMP
- 2023-11-18 Price Changed $179,900 MiRealSource-MiMLS
- 2023-11-17 Price Changed $179,900 REALCOMP
- 2023-11-10 Listed $185,000 MiRealSource-MiMLS
- 2023-11-10 Listed $185,000 REALCOMP
- 2023-11-09 Coming Soon — MiRealSource-MiMLS
- 2023-11-09 Coming Soon — REALCOMP
- 2023-07-14 Sold (Public Records) $95,000 Public Records
- 2023-07-07 Sold (MLS) $95,000 MiRealSource-MiMLS
- 2023-07-07 Sold (MLS) $95,000 REALCOMP
- 2023-06-08 Pending — MiRealSource-MiMLS
- 2023-06-08 Pending — REALCOMP
- 2023-06-08 Relisted — MiRealSource-MiMLS
- 2023-06-08 Relisted — REALCOMP
- 2023-06-04 Pending — MiRealSource-MiMLS
- 2023-06-04 Pending — REALCOMP
- 2023-06-03 Listed $110,000 MiRealSource-MiMLS
- 2023-06-03 Listed $110,000 REALCOMP
- 2023-06-02 Coming Soon $110,000 MiRealSource-MiMLS
- 2023-06-02 Coming Soon $110,000 REALCOMP
- 2001-11-02 Sold (Public Records) $89,800 Public Records
- 2001-09-27 Sold (MLS) $89,800 MiRealSource-MiMLS
- 2001-08-30 Listing Removed — MiRealSource-MiMLS
- 2001-08-22 Listed $89,800 MiRealSource-MiMLS
Property tax history
+12.4%/yrLatest (2025): $4,572 · +4.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…