4219 Samaria Rd · Lambertville, MI 48182

$240,000

3 bd · 1.5 ba · 1,539 sqft · SingleFamily · 3 Days on market

Built 1962 0.50 ac lot $156/sqft · 15% below area Est $283k · 15% under

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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 +15.1/30.0
• ARV discount +14.4/15.0
• DSCR +4.6/10.0
• Livability +4.0/5.0
• Schools +3.8/10.0
• 1% rule +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Move in Ready Bedford Twp Ranch Updates including- Kitchen 2026, Windows 2026, Bath 2026, HW Tank 2022, CA and Furnace 2016, Roof 2011, Fresh Paint and Carpet in addition to beautiful hardwood floors with 2 car detached garage on a beautiful half acre lot with mature trees. Family room with wood burning fireplace and blower. The best of both worlds with a rural setting yet minutes from US-23, shopping and dining. Appliances Stay!

Key facts

• 0.5 acre lot
• 2 garage spots
• Built 1962

Property features AI

Finance

• Other: Property listed as residential single family
• HOA & community: Homeowners association present

Exterior

• Parking: Detached 2-car garage
• Utilities: Private well water; Septic tank
• Home design: Single-family residence; One level
• Construction: Aluminum siding
• Exterior features: Lot approximately 0.5 acre (100 x 224)

Interior

• Kitchen: Oven; Range; Refrigerator
• Bedrooms: Total of 6 rooms (bedrooms included in room count)
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Forced air heating (natural gas); Central air conditioning
• Interior features: Wood-burning fireplace in the family room; Crawl space basement
• Laundry & utility: Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $240k.

Deal economics

• At list price, monthly cash flow is $77 ($923/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $189k (21.1% below list).
• Recommended offer: $189k (21.1% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 5.1% in Lambertville — 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 80/100 on livability (#78 in MI, #1,689 nationally) — a professional / high-income tenant draw. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Bedford Public Schools (suburban): math 33% / reading 53% proficiency, ranked #150 of 540 in MI (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 18% free/reduced lunch — higher-income household profile.
• Market conditions: 79 active listings in the ZIP; solid renter incomes; 264 units permitted in Monroe County in 2024 (40 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Monroe County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 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 $189,271 (21.1% below list)

Questions for the listing agent

1. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 0.79% ✗
• Cap rate: 6.68%
• Cash-on-cash: 1.37%
• DSCR: 1.06
• GRM: 10.6

CMA / ARV

• ARV (median comp): $283,391
• List price: $240,000
• Delta: -15.31%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10200 Summerfield Rd	0.43mi	3/2.0	1,522 (-1%)	1mo	$296,000	$194	76
4230 Saint Anthony Rd	0.43mi	3/2.0	1,695 (+10%)	1mo	$310,000	$183	60
4210 St. Anthony Rd	0.43mi	2/1.0 (-1)	1,484 (-4%)	8mo	$290,000	$195	60
4131 W Samaria Rd	0.18mi	2/1.0 (-1)	1,456 (-5%)	19mo	$268,000	$184	60
10223 Summerfield Rd	0.42mi	3/2.5	1,420 (-8%)	7mo	$243,000	$171	58
10757 Summerfield Rd	0.43mi	3/1.0	1,348 (-12%)	0mo	$315,000	$234	57
4617 Saint Anthony St	0.61mi	3/2.0	1,450 (-6%)	5mo	$234,900	$162	56
4870 W Samaria Rd	0.75mi	2/1.5 (-1)	1,613 (+5%)	5mo	$285,000	$177	48
10993 Summerfield Rd	0.68mi	2/1.5 (-1)	1,452 (-6%)	11mo	$265,000	$183	44

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -14.2%
• Equity multiple: 0.49×
• Total profit: $-34,108
• Equity at exit: $35,785

10-year hold

• IRR: -5.5%
• Equity multiple: 0.64×
• Total profit: $-23,873
• Equity at exit: $20,751

Cash invested: $67,200 (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 48182

• Active inventory: 79
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $1,893 medium
• Mortgage (P&I): −$1,259
• Tax from tax record: −$60 /mo · $716/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$397
• Net cashflow: $77

Break-even live

Break-even rent $1,795

Max offer price $240,000

Occupancy floor 91%

Sensitivity live

Price	-10% $213	-5% $145	+0% $77	+5% $9	+10% $-59
Rent	-10% $-73	-5% $2	+0% $77	+5% $152	+10% $226
Rate	-1.0pp $198	-0.5pp $138	base $77	+0.5pp $15	+1.0pp $-49

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: $60,000
• Closing costs: $7,200
• Reserves months: —
• Total cash needed: —

Listing history 5 events

1. 2026-05-19
   status Pending 433-char remark

   Show marketing remark (433 chars)

   Move in Ready Bedford Twp Ranch Updates including- Kitchen 2026, Windows 2026, Bath 2026, HW Tank 2022, CA and Furnace 2016, Roof 2011, Fresh Paint and Carpet in addition to beautiful hardwood floors with 2 car detached garage on a beautiful half acre lot with mature trees. Family room with wood burning fireplace and blower. The best of both worlds with a rural setting yet minutes from US-23, shopping and dining. Appliances Stay!

2. 2026-05-19
   status Pending 433-char remark

   Show marketing remark (433 chars)

   Move in Ready Bedford Twp Ranch Updates including- Kitchen 2026, Windows 2026, Bath 2026, HW Tank 2022, CA and Furnace 2016, Roof 2011, Fresh Paint and Carpet in addition to beautiful hardwood floors with 2 car detached garage on a beautiful half acre lot with mature trees. Family room with wood burning fireplace and blower. The best of both worlds with a rural setting yet minutes from US-23, shopping and dining. Appliances Stay!

3. 2026-05-15
   listed $240,000 Active 433-char remark

   Show marketing remark (433 chars)

   Move in Ready Bedford Twp Ranch Updates including- Kitchen 2026, Windows 2026, Bath 2026, HW Tank 2022, CA and Furnace 2016, Roof 2011, Fresh Paint and Carpet in addition to beautiful hardwood floors with 2 car detached garage on a beautiful half acre lot with mature trees. Family room with wood burning fireplace and blower. The best of both worlds with a rural setting yet minutes from US-23, shopping and dining. Appliances Stay!

4. 2026-05-15
   listed $240,000 Active 433-char remark

   Show marketing remark (433 chars)

   Move in Ready Bedford Twp Ranch Updates including- Kitchen 2026, Windows 2026, Bath 2026, HW Tank 2022, CA and Furnace 2016, Roof 2011, Fresh Paint and Carpet in addition to beautiful hardwood floors with 2 car detached garage on a beautiful half acre lot with mature trees. Family room with wood burning fireplace and blower. The best of both worlds with a rural setting yet minutes from US-23, shopping and dining. Appliances Stay!

5. 2026-05-12
   historical $240,000 433-char remark

   Show marketing remark (433 chars)

   Move in Ready Bedford Twp Ranch Updates including- Kitchen 2026, Windows 2026, Bath 2026, HW Tank 2022, CA and Furnace 2016, Roof 2011, Fresh Paint and Carpet in addition to beautiful hardwood floors with 2 car detached garage on a beautiful half acre lot with mature trees. Family room with wood burning fireplace and blower. The best of both worlds with a rural setting yet minutes from US-23, shopping and dining. Appliances Stay!

ⓘ 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: $716 · $60/mo
• Projected year-2 tax: $2,206 · $184/mo
• Expected delta: +$1,490/yr (+$124/mo · 208.0%)

ⓘ 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 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥100°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,713
• − Mortgage interest: −$13,444
• − Property taxes: −$716
• − Insurance: −$1,200
• − Repairs & maintenance: −$1,817
• − Management: −$1,817
• − Depreciation: −$6,982
• Taxable loss: −$3,263
• Est. tax savings @ 24.0%: +$783
• After-tax cash flow: $1,707/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: Bedford Public Schools
• NCES district ID: 2604470
• Math proficiency: 33% ▼ -14.00%
• Reading proficiency: 53% ▼ -3.00%
• Median HH income: $63,784
• Composite: 38.22/100
• National rank: #4252
• State rank: #150 of 540 in MI

Livability — Lambertville

• Score: 80/100
• State rank: #78
• US rank: #1689

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Monroe · 31,363 people
• Metro: Monroe, MI
• Population (ZIP): 20,705
• Household income: $83,155
• Rent vs Own: 16.9% rent · 83.1% own
• Severe rent burden: 12.7

Population outlook (Monroe County) Hauer SSP2

• Today (2025): 144,439 people
• By 2030: 140,033 · -3.1%
• By 2040: 128,408 · -11.1%
• By 2050: 115,024 · -20.4%
• By 2075: 87,273 · -39.6%
• By 2100: 63,110 · -56.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 6% Two or more races 5% Black 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 14% Lithuanian 4% Italian 3%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Monroe

• 2024 margin: Strong R (+27.1) · D 35.7% · R 62.9% · Other 1.4%
• 2008→2024 swing: -31.5pp toward R · 2008: 4.3pp · 2024: -27.1pp
• All cycles: 2024: R+27.1 2020: R+22.6 2016: R+22.1 2012: D+1.0 2008: D+4.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -140.99%
• Current HPI: 158.2484
• Rent YoY: —
• Metro: —
• 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

+8.3% since first listed

7 events — show timeline

• 2026-06-12 Sold (MLS) $260,000 REALCOMP
• 2026-06-12 Sold (MLS) $260,000 MiRealSource-MiMLS
• 2026-05-19 Pending — REALCOMP
• 2026-05-19 Pending — MiRealSource-MiMLS
• 2026-05-15 Listed $240,000 REALCOMP
• 2026-05-15 Listed $240,000 MiRealSource-MiMLS
• 2026-05-12 Coming Soon $240,000 MiRealSource-MiMLS

Property tax history

-3.8%/yr

Latest (2025): $716 · -57.2% YoY. Source: county tax records.