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27740 Bohnhoff St
D Composite 41.44
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

27740 Bohnhoff St · Roseville, MI 48066
4 bd · 1.0 ba · 1,224 sqft · SingleFamily public records · 28 Days on market
Built 1930 5,227 sqft lot $127/sqft · at area comps Est $154k · at est.

🖨 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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 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.
Recommended offer $152,576 (1.5% below list)

Questions for the listing agent

  1. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
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

5-year hold
IRR
-18.6%
Equity multiple
0.37×
Total profit
$-27,508
Equity at exit
$23,096
10-year hold
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
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

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

Break-even rent $1,592
Max offer price $154,900
Occupancy floor 93%

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

AddressBedsBaths SqftRent$/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

  1. 2026-04-28
    listed $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.

  2. 2026-04-28
    listed $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.

  3. 2023-12-26
    historical
  4. 2023-12-26
    historical
  5. 2023-11-28
    price $175,000
  6. 2023-11-27
    price $175,000
  7. 2023-11-18
    price $179,900
  8. 2023-11-17
    price $179,900
  9. 2023-11-10
    listed $185,000 Active
  10. 2023-11-10
    listed $185,000 Active
  11. 2023-11-09
    historical
  12. 2023-11-09
    historical
  13. 2023-07-14
    soldstatus $95,000
  14. 2023-07-07
    soldstatus $95,000 Sold
  15. 2023-07-07
    soldstatus $95,000 Closed
  16. 2023-06-08
    status Pending
  17. 2023-06-08
    status Pending
  18. 2023-06-08
    status Active
  19. 2023-06-08
    status Active
  20. 2023-06-04
    status Pending
  21. 2023-06-04
    status Pending
  22. 2023-06-03
    listed $110,000 Active
  23. 2023-06-03
    listed $110,000 Active
  24. 2023-06-02
    historical $110,000
  25. 2023-06-02
    historical $110,000
  26. 2001-11-02
    soldstatus $89,800
  27. 2001-09-27
    soldstatus $89,800
  28. 2001-08-30
    historical
  29. 2001-08-22
    listed $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
combined federal + state — saved on this device
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

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

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
34.4% rent · 65.6% 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

Price history

+72.5% since first listed
31 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%/yr

Latest (2025): $4,572 · +4.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…