16053 Jackson St · Taylor, 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 98°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
- 5 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 +24.2/30.0
- DSCR +7.8/10.0
- ARV discount +7.5/15.0
- 1% rule +5.6/10.0
- Livability +3.8/5.0
- Rent growth +3.7/5.0
- Condition / age +2.5/5.0
- Schools +1.8/10.0
- Appreciation +0.0/10.0
$160,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Turn-Key Ranch Living – Fully Updated & Move-In Ready! Step into this clean and thoughtfully updated 3-bedroom ranch, where easy, one-story living meets modern convenience. Perfect for those seeking a low-maintenance lifestyle, this home features a bright and airy layout with fresh finishes throughout. Fully equipped with all appliances, ensuring a seamless transition for the new owners. Each of the three bedrooms offers comfortable proportions and great natural light. Located in a quiet, established neighborhood.
Key facts
- 5,227 sq ft lot
- Built 1971
- Listed 52 days
Property features AI
Exterior
- Parking: No garage
- Utilities: Public sewer; Other water source
- Home design: Single-family residence; One story
- Construction: Brick construction
- Exterior features: Paved road access; Lot roughly 40 x 135 (0.12 acres); Ground-level entry
Interior
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating; Natural gas heating; No central air cooling
- Interior features: Crawl space 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 $160k.
Deal economics
- At list price, monthly cash flow is $319 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $160k).
- Recommended offer: $155k (3.0% below list) — sets the bar for market timing.
- Cap rate 8.7% vs local median 5.4% in Taylor — 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 76/100 on livability (#144 in MI, #3,684 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, schools F, crime F.
- Taylor School District (urban): math 14% / reading 27% proficiency, ranked #462 of 540 in MI (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+4.9%/yr); 281 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).
- This rent runs 33% of the median local income ($61k/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.
- 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 + 4.9% rent growth), your $45k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- It's been on market 52 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 16y 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 $23k; list at $160k implies a 596% gain — meaningful room to come down on a strong offer.
Questions for the listing agent
- It's been on market 52 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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
- 1.06% ✓
- Cap rate
- 8.69%
- Cash-on-cash
- 8.55%
- DSCR
- 1.38
- GRM
- 7.8
CMA / ARV
- ARV (on-the-fly)
- $160,054
- Comps found
- 10
Show comp detail 10 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 16053 Jackson St | 0.00mi | 3/1.0 | 1,013 (0%) | 1mo | $160,000 | $158 | 99 |
| 16630 Jackson St | 0.31mi | 3/1.0 | 1,001 (-1%) | 1mo | $165,000 | $165 | 83 |
| 16053 Ziegler St | 0.06mi | 3/1.0 | 1,013 (0%) | 17mo | $145,000 | $143 | 83 |
| 16348 Ziegler St | 0.16mi | 2/1.0 (-1) | 949 (-6%) | 16mo | $100,000 | $105 | 64 |
| 16651 Weddel St | 0.32mi | 3/1.0 | 1,074 (+6%) | 22mo | $197,000 | $183 | 57 |
| 15339 Flanders St | 0.37mi | 3/1.5 | 1,140 (+12%) | 8mo | $130,000 | $114 | 53 |
| 14920 Flanders St | 0.65mi | 3/1.0 | 1,056 (+4%) | 13mo | $175,000 | $166 | 52 |
| 15231 Allen Rd | 0.43mi | 3/1.0 | 912 (-10%) | 20mo | $184,000 | $202 | 47 |
| 16704 Weddel St | 0.38mi | 2/1.0 (-1) | 1,150 (+14%) | 18mo | $113,000 | $98 | 40 |
| 14654 Huron St | 0.69mi | 2/1.0 (-1) | 916 (-10%) | 18mo | $130,000 | $142 | 32 |
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 · 4.9% rent growth · sell at horizon
- IRR
- -1.3%
- Equity multiple
- 0.95×
- Total profit
- $-2,299
- Equity at exit
- $23,857
- IRR
- 10.2%
- Equity multiple
- 1.85×
- Total profit
- $38,234
- Equity at exit
- $13,834
Cash invested: $44,800 (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 48180
- Rents YoY
- 4.9%
- Active inventory
- 281
- Price-to-rent
- 7.8×
Monthly cashflow live
- Estimated rent
- $1,702 medium interval (Pro) →
- Mortgage (P&I)
- −$839
- Tax from tax record
- −$120 /mo · $1,438/yr
- Insurance
- −$67
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$357
- Net cashflow
- $319
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
- $40,000
- Closing costs
- $4,800
- 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 |
|---|---|---|---|---|---|---|---|---|
| 16167 Weddel St Taylor, MI | 2.0–3.0 | 1.0 | 1064 | $1,600 | $1.50 | 1d | 1 | 0.17mi |
| 15027 Brookview Dr Riverview, MI | 1.0–2.0 | 1.0 | 1020 | $1,499 | $1.47 | 1d | 34 | 1.42mi |
Listing history 23 events
-
2026-05-14status Pending 544-char remark
Show marketing remark (544 chars)
Turn-Key Ranch Living – Fully Updated & Move-In Ready! Step into this clean and thoughtfully updated 3-bedroom ranch, where easy, one-story living meets modern convenience. Perfect for those seeking a low-maintenance lifestyle, this home features a bright and airy layout with fresh finishes throughout. Fully equipped with all appliances, ensuring a seamless transition for the new owners. Each of the three bedrooms offers comfortable proportions and great natural light. Located in a quiet, established neighborhood.
-
2026-05-14status Pending
Show marketing remark (544 chars)
Turn-Key Ranch Living – Fully Updated & Move-In Ready! Step into this clean and thoughtfully updated 3-bedroom ranch, where easy, one-story living meets modern convenience. Perfect for those seeking a low-maintenance lifestyle, this home features a bright and airy layout with fresh finishes throughout. Fully equipped with all appliances, ensuring a seamless transition for the new owners. Each of the three bedrooms offers comfortable proportions and great natural light. Located in a quiet, established neighborhood.
-
2026-04-13historical Accepting Backup Offers 544-char remark
Show marketing remark (544 chars)
Turn-Key Ranch Living – Fully Updated & Move-In Ready! Step into this clean and thoughtfully updated 3-bedroom ranch, where easy, one-story living meets modern convenience. Perfect for those seeking a low-maintenance lifestyle, this home features a bright and airy layout with fresh finishes throughout. Fully equipped with all appliances, ensuring a seamless transition for the new owners. Each of the three bedrooms offers comfortable proportions and great natural light. Located in a quiet, established neighborhood.
-
2026-04-13historical Active Under Contract
Show marketing remark (544 chars)
Turn-Key Ranch Living – Fully Updated & Move-In Ready! Step into this clean and thoughtfully updated 3-bedroom ranch, where easy, one-story living meets modern convenience. Perfect for those seeking a low-maintenance lifestyle, this home features a bright and airy layout with fresh finishes throughout. Fully equipped with all appliances, ensuring a seamless transition for the new owners. Each of the three bedrooms offers comfortable proportions and great natural light. Located in a quiet, established neighborhood.
-
2026-04-04price $160,000 544-char remark
Show marketing remark (544 chars)
Turn-Key Ranch Living – Fully Updated & Move-In Ready! Step into this clean and thoughtfully updated 3-bedroom ranch, where easy, one-story living meets modern convenience. Perfect for those seeking a low-maintenance lifestyle, this home features a bright and airy layout with fresh finishes throughout. Fully equipped with all appliances, ensuring a seamless transition for the new owners. Each of the three bedrooms offers comfortable proportions and great natural light. Located in a quiet, established neighborhood.
-
2026-04-03price $160,000
-
2026-03-23$165,000 Active
Show marketing remark (544 chars)
Turn-Key Ranch Living – Fully Updated & Move-In Ready! Step into this clean and thoughtfully updated 3-bedroom ranch, where easy, one-story living meets modern convenience. Perfect for those seeking a low-maintenance lifestyle, this home features a bright and airy layout with fresh finishes throughout. Fully equipped with all appliances, ensuring a seamless transition for the new owners. Each of the three bedrooms offers comfortable proportions and great natural light. Located in a quiet, established neighborhood.
-
2026-03-23$165,000 Active 544-char remark
Show marketing remark (544 chars)
Turn-Key Ranch Living – Fully Updated & Move-In Ready! Step into this clean and thoughtfully updated 3-bedroom ranch, where easy, one-story living meets modern convenience. Perfect for those seeking a low-maintenance lifestyle, this home features a bright and airy layout with fresh finishes throughout. Fully equipped with all appliances, ensuring a seamless transition for the new owners. Each of the three bedrooms offers comfortable proportions and great natural light. Located in a quiet, established neighborhood.
-
2010-12-22soldstatus $23,000 128-char remark
Show marketing remark (128 chars)
Three bedroom ranch. Corporate owned, being sold as is, no disclosures, addendums to be signed, buyers agent to verify all info.
-
2010-12-15soldstatus $23,000
-
2010-12-15soldstatus $23,000
-
2010-11-26historical
-
2010-11-07historical
-
2010-11-07historical
-
2010-11-06$24,900
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2010-11-06$24,900
-
2010-10-18$27,000
-
2010-10-18$27,000
-
2010-10-18historical
-
2010-10-18historical
-
2010-08-24$24,900 128-char remark
Show marketing remark (128 chars)
Three bedroom ranch. Corporate owned, being sold as is, no disclosures, addendums to be signed, buyers agent to verify all info.
-
2010-08-24$29,700
Show marketing remark (128 chars)
Three bedroom ranch. Corporate owned, being sold as is, no disclosures, addendums to be signed, buyers agent to verify all info.
-
2010-08-24$29,700
Show marketing remark (128 chars)
Three bedroom ranch. Corporate owned, being sold as is, no disclosures, addendums to be signed, buyers agent to verify all info.
ⓘ 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
- $1,438 · $120/mo
- Projected year-2 tax
- $1,951 · $163/mo
- Expected delta
- +$513/yr (+$43/mo · 35.6%)
ⓘ 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 ≥98°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 3 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
- $20,429
- − Mortgage interest
- −$8,962
- − Property taxes
- −$1,438
- − Insurance
- −$800
- − Repairs & maintenance
- −$1,634
- − Management
- −$1,634
- − Depreciation
- −$4,655
- Taxable income
- $1,305
- Est. tax owed @ 24.0%
- −$313
- After-tax cash flow
- $3,518/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
- Taylor School District
- NCES district ID
- 2633540
- Math proficiency
- 14% ▼ -7.00%
- Reading proficiency
- 27% ▼ -4.00%
- Median HH income
- $43,062
- Composite
- 17.62/100
- National rank
- #9034
- State rank
- #462 of 540 in MI
Livability — Taylor
- Score
- 76/100
- State rank
- #144
- US rank
- #3684
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Taylor, MI
- County
- Wayne County · 1,562,939 people
- City population
- 62,081
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 62,081
- Household income
- $61,081
- Rent vs Own
- Severe rent burden
- 1957.0
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
- Majority White (65%)
- Race & ethnicity
- White 65% Black 19% Two or more races 9% Hispanic / Latino 9% Asian 2%
- Hispanic origin (detail)
- Mexican 6% Puerto Rican 2%
- Common ancestry
- Romanian 8% Lithuanian 3% Slovak 2%
- Foreign-born
- 7% · Canada
- Languages at home
- 89% English-only · Spanish 4% Arabic 3% Other Indo-European 3%
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
- ▼ -212.33%
- Current HPI
- 228.921
- Rent YoY
- ▲ 4.90%
- 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 |
|
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| Automotive Technology | 1 | $20B |
|
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Price history
+542.6% since first listed23 events — show timeline
- 2026-05-14 Pending — MiRealSource-MiMLS
- 2026-05-14 Pending — REALCOMP
- 2026-04-13 Contingent — MiRealSource-MiMLS
- 2026-04-13 Contingent — REALCOMP
- 2026-04-04 Price Changed $160,000 MiRealSource-MiMLS
- 2026-04-03 Price Changed $160,000 REALCOMP
- 2026-03-23 Listed $165,000 REALCOMP
- 2026-03-23 Listed $165,000 MiRealSource-MiMLS
- 2010-12-22 Sold (MLS) $23,000 REALCOMP
- 2010-12-15 Sold (MLS) $23,000 REALCOMP
- 2010-12-15 Sold (MLS) $23,000 MiRealSource-MiMLS
- 2010-11-26 Listing Removed — MiRealSource-MiMLS
- 2010-11-07 Listing Removed — REALCOMP
- 2010-11-07 Listing Removed — MiRealSource-MiMLS
- 2010-11-06 Listed $24,900 REALCOMP
- 2010-11-06 Listed $24,900 MiRealSource-MiMLS
- 2010-10-18 Listing Removed — REALCOMP
- 2010-10-18 Listing Removed — MiRealSource-MiMLS
- 2010-10-18 Listed $27,000 REALCOMP
- 2010-10-18 Listed $27,000 MiRealSource-MiMLS
- 2010-08-24 Listed $29,700 REALCOMP
- 2010-08-24 Listed $29,700 MiRealSource-MiMLS
- 2010-08-24 Listed $24,900 REALCOMP
Property tax history
-1.1%/yrLatest (2025): $1,438 · -8.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…