3370 Harris St · Ferndale, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 97°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 B 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 +27.1/30.0
- ARV discount +15.0/15.0
- DSCR +9.4/10.0
- 1% rule +7.3/10.0
- Livability +4.5/5.0
- Rent growth +4.1/5.0
- Condition / age +2.5/5.0
- Schools +1.4/10.0
- Appreciation +0.0/10.0
$145,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Don't miss this beautifully updated 2-bedroom, 1-bath home featuring a 1-car detached garage, nestled on a large tree-lined lot in desirable Ferndale. Conveniently located near I-96 and I-75, this home offers easy access to downtown, shopping, and entertainment. Step into the modern kitchen with sleek quartz countertops, stainless steel appliances, and contemporary cabinetry, complemented by grey luxury vinyl plank flooring for a clean, cohesive look. The stylish full bath features gorgeous grey ceramic tile, a floating vanity, and modern fixtures. Enjoy the warmth and character of original hardwood floors throughout, paired with an abundance of natural light that creates a bright and inviting atmosphere. Bonus: The exterior is scheduled for a fresh coat of paint in the coming weeks! This home blends modern finishes with classic charm - schedule your private showing today. It won't last long!
Key facts
- Quartz countertops
- Tree-lined lot
- Updated home
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $145k.
Deal economics
- At list price, monthly cash flow is $413 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $145k).
- Recommended offer: $141k (3.0% below list) — sets the bar for market timing.
- Cap rate 9.7% vs local median 4.5% in Ferndale — 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 90/100 on livability (#8 in MI, #103 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, employment A+; Watch: schools D+.
- Hazel Park School District (suburban): math 10% / reading 24% proficiency, ranked #490 of 540 in MI (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+6.2%/yr); 171 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
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.
- Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (-3.0% appreciation + 6.2% rent growth), your $41k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- It's been on market 34 days — a 3% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
- 18 sale attempts since 31y 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 $54k; list at $145k implies a 169% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1923 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 34 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1923 — 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 D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- 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
- 1.23% ✓
- Cap rate
- 9.71%
- Cash-on-cash
- 12.20%
- DSCR
- 1.54
- GRM
- 6.7
CMA / ARV
- ARV (on-the-fly)
- $222,256
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2000 Moorhouse St | 0.44mi | 2/1.0 | 998 (+4%) | 1mo | $132,500 | $133 | 72 |
| 1851 Moorhouse St | 0.39mi | 2/2.0 | 1,024 (+7%) | 2mo | $252,500 | $247 | 64 |
| 2840 Horton St | 0.60mi | 3/1.0 (+1) | 948 (-1%) | 2mo | $220,000 | $232 | 64 |
| 2171 Chestnut St | 0.69mi | 3/1.0 (+1) | 967 (+1%) | 2mo | $240,000 | $248 | 60 |
| 2850 Wolcott St | 0.49mi | 3/1.0 (+1) | 880 (-8%) | 1mo | $199,900 | $227 | 58 |
| 2026 Harwood Ave | 0.47mi | 3/1.0 (+1) | 875 (-9%) | 2mo | $340,000 | $389 | 57 |
| 376 W Rowland Ave | 0.67mi | 3/1.0 (+1) | 1,030 (+8%) | 1mo | $236,000 | $229 | 50 |
| 2723 Wolcott St | 0.56mi | 2/1.0 | 1,098 (+15%) | 0mo | $252,000 | $230 | 50 |
| 3116 Horton St | 0.51mi | 3/2.0 (+1) | 1,061 (+11%) | 2mo | $299,500 | $282 | 48 |
| 2411 Harris St | 0.65mi | 2/1.0 | 814 (-15%) | 1mo | $150,000 | $184 | 44 |
| 88 Wellesley Dr | 0.75mi | 3/1.5 (+1) | 1,036 (+8%) | 2mo | $341,013 | $329 | 43 |
| 438 W Brockton Ave | 0.67mi | 3/1.0 (+1) | 1,076 (+12%) | 2mo | $230,000 | $214 | 41 |
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 · 6.24% rent growth · sell at horizon
- IRR
- 5.4%
- Equity multiple
- 1.22×
- Total profit
- $8,838
- Equity at exit
- $21,620
- IRR
- 17.6%
- Equity multiple
- 2.68×
- Total profit
- $68,082
- Equity at exit
- $12,537
Cash invested: $40,600 (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 48220
- Rents YoY
- 6.2%
- Active inventory
- 171
- Price-to-rent
- 6.7×
Monthly cashflow live
- Estimated rent
- $1,791 high interval (Pro) →
- Mortgage (P&I)
- −$760
- Tax est. 1.5%
- −$181 /mo · $2,175/yr
- Insurance
- −$60
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$376
- Net cashflow
- $413
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
- $36,250
- Closing costs
- $4,350
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1816 Guthrie Ave Royal Oak, MI | 3.0 | 1.0 | 1100 | $1,800 | $1.64 | 5d | 1 | 0.09mi |
| 2181 Coy St Ferndale, MI | 3.0 | 1.0 | 1050 | $1,995 | $1.90 | 11d | 1 | 0.24mi |
| 1800 Browning St Ferndale, MI | 2.0 | 1.0 | 809 | $1,600 | $1.98 | 5d | 1 | 0.39mi |
| 2215 Browning St Ferndale, MI | 2.0 | 1.0 | 739 | $1,350 | $1.83 | 4d | 1 | 0.47mi |
| 617 S Edgeworth Ave Royal Oak, MI | 2.0 | 1.0 | 955 | $2,125 | $2.23 | 24d | 1 | 0.62mi |
| 818 Etowah Ave Unit 1032341P Royal Oak, MI | 2.0 | 1.0 | 893 | $6,755 | $7.56 | 14d | 1 | 0.64mi |
| 916 Cherokee Ave Royal Oak, MI | 2.0 | 1.5 | 944 | $2,250 | $2.38 | 3d | 1 | 0.65mi |
| 328 W Kalama Ave Madison Heights, MI | 3.0 | 1.0 | 900 | $1,575 | $1.75 | 5d | 1 | 0.79mi |
| 739 S Alexander Ave Unit Top Level Royal Oak, MI | 1.0 | 1.0 | 900 | $1,200 | $1.33 | 18d | 1 | 0.84mi |
| 455 E Cambourne St Unit 2 Ferndale, MI | 2.0 | 1.0 | 900 | $2,400 | $2.67 | 3d | 1 | 0.96mi |
| 453 E Cambourne St Unit 1 Ferndale, MI | 2.0 | 1.0 | 1000 | $2,500 | $2.50 | 3d | 1 | 0.96mi |
| 501 E Breckenridge St Ferndale, MI | 3.0 | 1.0 | 946 | $1,800 | $1.90 | 24d | 1 | 0.98mi |
| 400 E Cambourne St Unit 1 Ferndale, MI | 2.0 | 1.0 | 1000 | $1,400 | $1.40 | 11d | 1 | 1.01mi |
| 425 Vester St Unit A Ferndale, MI | 2.0 | 1.0 | 525 | $1,349 | $2.57 | 5d | 1 | 1.05mi |
| 150 E Woodland St Unit 2 Ferndale, MI | 1.0 | 1.0 | 700 | $1,500 | $2.14 | 44d | 1 | 1.07mi |
| 150 E Woodland St Unit 1 Ferndale, MI | 1.0 | 1.0 | 700 | $1,600 | $2.29 | 44d | 1 | 1.07mi |
| 1820 Taylor Ave Royal Oak, MI | 2.0 | 1.0 | 832 | $1,700 | $2.04 | 15d | 1 | 1.17mi |
| 409 E 6th St Unit 2 Royal Oak, MI | 1.0 | 1.0 | 850 | $1,355 | $1.59 | 24d | 1 | 1.19mi |
| 552 E Saratoga St Unit Upper Unit Ferndale, MI | 2.0 | 1.0 | 700 | $1,300 | $1.86 | 24d | 1 | 1.20mi |
| 325 E 6th St Unit 325-08 Royal Oak, MI | 1.0 | 1.0 | 1000 | $1,725 | $1.73 | 18d | 1 | 1.22mi |
| 325 E 6th St Unit 325-05 Royal Oak, MI | 1.0 | 1.0 | 1000 | $1,795 | $1.79 | 22d | 1 | 1.22mi |
| 1100 S Main St Royal Oak, MI | 1.0–2.0 | 1.0–2.0 | 1179 | $6,000 | $5.09 | 2d | 3 | 1.24mi |
| 855 S Main St Royal Oak, MI | 1.0 | 1.0 | 1003 | $2,508 | $2.50 | 2d | 1 | 1.25mi |
| 25090 Woodward Ave Royal Oak, MI | 1.0–3.0 | 1.0–2.5 | 1146 | $3,348 | $2.92 | 2d | 13 | 1.25mi |
| 23773 Hazelwood Ave Hazel Park, MI | 2.0 | 1.0 | 671 | $1,400 | $2.09 | 13d | 1 | 1.26mi |
| 226 Withington St Apt 10 Ferndale, MI | 1.0 | 1.0 | 800 | $1,325 | $1.66 | 18d | 1 | 1.27mi |
| 2023 Ardmore Dr Ferndale, MI | 2.0 | 1.0 | 771 | $1,250 | $1.62 | 24d | 1 | 1.28mi |
| 609 E Eleven Mile Rd Royal Oak, MI | 1.0–2.0 | 1.0 | 925 | $1,375 | $1.49 | 24d | 1 | 1.29mi |
| 266 W Goulson Ave Hazel Park, MI | 3.0 | 1.0 | 942 | $1,600 | $1.70 | 22d | 1 | 1.32mi |
| 27700 N Stephenson Hwy Madison Heights, MI | 1.0–2.0 | 1.0 | 747 | $1,450 | $1.94 | 2d | 6 | 1.40mi |
| 620 S Center St Unit 620-305 Royal Oak, MI | 1.0 | 1.0 | 550 | $1,350 | $2.45 | 24d | 1 | 1.40mi |
| 100 W 5th St Royal Oak, MI | 2.0 | 2.0 | 1119 | $3,200 | $2.86 | 24d | 2 | 1.41mi |
| 23345 Tawas Ave Hazel Park, MI | 3.0 | 1.0 | 1000 | $1,550 | $1.55 | 11d | 1 | 1.41mi |
| 1045 E Woodward Heights Blvd Hazel Park, MI | 1.0–2.0 | 1.0 | 715 | $1,209 | $1.69 | 24d | 3 | 1.41mi |
| 333 E 11 Mile Rd Royal Oak, MI | 1.0 | 1.0 | 650 | $1,250 | $1.92 | 24d | 1 | 1.42mi |
| 430 W 9 Mile Rd Ferndale, MI | 1.0–2.0 | 1.0–2.0 | 754 | $2,827 | $3.75 | 2d | 3 | 1.42mi |
| 415 W Nine Mile Rd Ferndale, MI | 1.0 | 1.0 | 912 | $2,500 | $2.74 | 18d | 1 | 1.43mi |
| 413 W Nine Mile Rd Ste B Ferndale, MI | 1.0 | 1.0 | 897 | $1,850 | $2.06 | 18d | 1 | 1.44mi |
| 23115 Tawas Ave Hazel Park, MI | 2.0 | 1.0 | 706 | $1,375 | $1.95 | 24d | 1 | 1.47mi |
| 310 W 6th St Unit 310-309 Royal Oak, MI | 1.0 | 1.0 | 700 | $1,495 | $2.14 | 24d | 1 | 1.48mi |
Listing history 50 events
-
2026-04-27status Pending 905-char remark
Show marketing remark (905 chars)
Don't miss this beautifully updated 2-bedroom, 1-bath home featuring a 1-car detached garage, nestled on a large tree-lined lot in desirable Ferndale. Conveniently located near I-96 and I-75, this home offers easy access to downtown, shopping, and entertainment. Step into the modern kitchen with sleek quartz countertops, stainless steel appliances, and contemporary cabinetry, complemented by grey luxury vinyl plank flooring for a clean, cohesive look. The stylish full bath features gorgeous grey ceramic tile, a floating vanity, and modern fixtures. Enjoy the warmth and character of original hardwood floors throughout, paired with an abundance of natural light that creates a bright and inviting atmosphere. Bonus: The exterior is scheduled for a fresh coat of paint in the coming weeks! This home blends modern finishes with classic charm - schedule your private showing today. It won't last long!
-
2026-04-27status Pending
Show marketing remark (905 chars)
Don't miss this beautifully updated 2-bedroom, 1-bath home featuring a 1-car detached garage, nestled on a large tree-lined lot in desirable Ferndale. Conveniently located near I-96 and I-75, this home offers easy access to downtown, shopping, and entertainment. Step into the modern kitchen with sleek quartz countertops, stainless steel appliances, and contemporary cabinetry, complemented by grey luxury vinyl plank flooring for a clean, cohesive look. The stylish full bath features gorgeous grey ceramic tile, a floating vanity, and modern fixtures. Enjoy the warmth and character of original hardwood floors throughout, paired with an abundance of natural light that creates a bright and inviting atmosphere. Bonus: The exterior is scheduled for a fresh coat of paint in the coming weeks! This home blends modern finishes with classic charm - schedule your private showing today. It won't last long!
-
2026-03-30status Active 905-char remark
Show marketing remark (905 chars)
Don't miss this beautifully updated 2-bedroom, 1-bath home featuring a 1-car detached garage, nestled on a large tree-lined lot in desirable Ferndale. Conveniently located near I-96 and I-75, this home offers easy access to downtown, shopping, and entertainment. Step into the modern kitchen with sleek quartz countertops, stainless steel appliances, and contemporary cabinetry, complemented by grey luxury vinyl plank flooring for a clean, cohesive look. The stylish full bath features gorgeous grey ceramic tile, a floating vanity, and modern fixtures. Enjoy the warmth and character of original hardwood floors throughout, paired with an abundance of natural light that creates a bright and inviting atmosphere. Bonus: The exterior is scheduled for a fresh coat of paint in the coming weeks! This home blends modern finishes with classic charm - schedule your private showing today. It won't last long!
-
2026-03-30status Active
Show marketing remark (905 chars)
Don't miss this beautifully updated 2-bedroom, 1-bath home featuring a 1-car detached garage, nestled on a large tree-lined lot in desirable Ferndale. Conveniently located near I-96 and I-75, this home offers easy access to downtown, shopping, and entertainment. Step into the modern kitchen with sleek quartz countertops, stainless steel appliances, and contemporary cabinetry, complemented by grey luxury vinyl plank flooring for a clean, cohesive look. The stylish full bath features gorgeous grey ceramic tile, a floating vanity, and modern fixtures. Enjoy the warmth and character of original hardwood floors throughout, paired with an abundance of natural light that creates a bright and inviting atmosphere. Bonus: The exterior is scheduled for a fresh coat of paint in the coming weeks! This home blends modern finishes with classic charm - schedule your private showing today. It won't last long!
-
2026-03-24status Pending 905-char remark
Show marketing remark (905 chars)
Don't miss this beautifully updated 2-bedroom, 1-bath home featuring a 1-car detached garage, nestled on a large tree-lined lot in desirable Ferndale. Conveniently located near I-96 and I-75, this home offers easy access to downtown, shopping, and entertainment. Step into the modern kitchen with sleek quartz countertops, stainless steel appliances, and contemporary cabinetry, complemented by grey luxury vinyl plank flooring for a clean, cohesive look. The stylish full bath features gorgeous grey ceramic tile, a floating vanity, and modern fixtures. Enjoy the warmth and character of original hardwood floors throughout, paired with an abundance of natural light that creates a bright and inviting atmosphere. Bonus: The exterior is scheduled for a fresh coat of paint in the coming weeks! This home blends modern finishes with classic charm - schedule your private showing today. It won't last long!
-
2026-03-24status Pending
Show marketing remark (905 chars)
Don't miss this beautifully updated 2-bedroom, 1-bath home featuring a 1-car detached garage, nestled on a large tree-lined lot in desirable Ferndale. Conveniently located near I-96 and I-75, this home offers easy access to downtown, shopping, and entertainment. Step into the modern kitchen with sleek quartz countertops, stainless steel appliances, and contemporary cabinetry, complemented by grey luxury vinyl plank flooring for a clean, cohesive look. The stylish full bath features gorgeous grey ceramic tile, a floating vanity, and modern fixtures. Enjoy the warmth and character of original hardwood floors throughout, paired with an abundance of natural light that creates a bright and inviting atmosphere. Bonus: The exterior is scheduled for a fresh coat of paint in the coming weeks! This home blends modern finishes with classic charm - schedule your private showing today. It won't last long!
-
2026-03-18$145,000 Active
Show marketing remark (905 chars)
Don't miss this beautifully updated 2-bedroom, 1-bath home featuring a 1-car detached garage, nestled on a large tree-lined lot in desirable Ferndale. Conveniently located near I-96 and I-75, this home offers easy access to downtown, shopping, and entertainment. Step into the modern kitchen with sleek quartz countertops, stainless steel appliances, and contemporary cabinetry, complemented by grey luxury vinyl plank flooring for a clean, cohesive look. The stylish full bath features gorgeous grey ceramic tile, a floating vanity, and modern fixtures. Enjoy the warmth and character of original hardwood floors throughout, paired with an abundance of natural light that creates a bright and inviting atmosphere. Bonus: The exterior is scheduled for a fresh coat of paint in the coming weeks! This home blends modern finishes with classic charm - schedule your private showing today. It won't last long!
-
2026-03-18$145,000 Active 905-char remark
Show marketing remark (905 chars)
Don't miss this beautifully updated 2-bedroom, 1-bath home featuring a 1-car detached garage, nestled on a large tree-lined lot in desirable Ferndale. Conveniently located near I-96 and I-75, this home offers easy access to downtown, shopping, and entertainment. Step into the modern kitchen with sleek quartz countertops, stainless steel appliances, and contemporary cabinetry, complemented by grey luxury vinyl plank flooring for a clean, cohesive look. The stylish full bath features gorgeous grey ceramic tile, a floating vanity, and modern fixtures. Enjoy the warmth and character of original hardwood floors throughout, paired with an abundance of natural light that creates a bright and inviting atmosphere. Bonus: The exterior is scheduled for a fresh coat of paint in the coming weeks! This home blends modern finishes with classic charm - schedule your private showing today. It won't last long!
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2026-02-05historical
-
2025-11-06price $165,000
-
2025-10-10$185,000 Active
-
2025-10-03historical $1,400
-
2025-08-28$1,400
-
2023-10-20historical $1,300
-
2023-10-10price $1,300
-
2023-09-27price $1,400
-
2023-09-12$1,500
-
2020-09-21historical
-
2020-06-16status Pending
-
2020-06-16status Pending
-
2020-06-16historical
-
2020-05-27price $134,900
-
2020-05-27price $134,900
-
2020-03-25$139,900 Active
-
2020-03-25$139,900 Active
-
2019-08-07historical
-
2019-08-07historical
-
2019-07-24price $99,000
-
2019-07-24price $99,000
-
2019-07-20$119,900 Active
-
2019-07-20$119,900 Active
-
2017-10-23historical
-
2017-10-23historical
-
2017-10-02$99,900 Active
-
2017-10-02historical
-
2017-10-02$99,900 Active
-
2017-10-02historical
-
2017-09-03$109,900 Active
-
2017-09-03$109,900 Active
-
2017-08-26historical
-
2017-08-25historical
-
2017-08-16price $114,500
-
2017-08-15price $114,500
-
2017-07-31price $119,500
-
2017-07-31price $119,500
-
2017-07-31price $119,900
-
2017-07-30price $119,900
-
2017-07-25$129,900 Active
-
2017-07-25$129,900 Active
-
1995-09-12soldstatus $53,900
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
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 ≥97°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
- $21,489
- − Mortgage interest
- −$8,122
- − Property taxes
- −$2,175
- − Insurance
- −$725
- − Repairs & maintenance
- −$1,719
- − Management
- −$1,719
- − Depreciation
- −$4,218
- Taxable income
- $2,810
- Est. tax owed @ 24.0%
- −$674
- After-tax cash flow
- $4,277/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
- Hazel Park School District
- NCES district ID
- 2618030
- Math proficiency
- 10% ▼ -2.00%
- Reading proficiency
- 24% ▲ 1.00%
- Median HH income
- $36,181
- Composite
- 14.05/100
- National rank
- #9466
- State rank
- #490 of 540 in MI
Livability — Ferndale
- Score
- 90/100
- State rank
- #8
- US rank
- #103
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Ferndale, MI
- County
- Oakland County · 1,009,092 people
- City population
- 21,527
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 21,527
- Household income
- $89,881
- Rent vs Own
- Severe rent burden
- 670.0
Population outlook (Oakland County) Hauer SSP2
- Today (2025)
- 1,335,747 people
- By 2030
- 1,375,100 · +2.9%
- By 2040
- 1,435,385 · +7.5%
- By 2050
- 1,469,250 · +10.0%
- By 2075
- 1,531,946 · +14.7%
- By 2100
- 1,450,485 · +8.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (72%)
- Race & ethnicity
- White 72% Black 15% Two or more races 6% Hispanic / Latino 5% Asian 3%
- Common ancestry
- Romanian 11% Lithuanian 6% Slovak 3%
- Foreign-born
- 4% · Canada, South Korea
- Languages at home
- 95% English-only · Spanish 2% Other Indo-European 1% German/W. Germanic 1%
Political lean MEDSL · Oakland
- 2024 margin
- D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
- 2008→2024 swing
- -3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
- All cycles
- 2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -394.92%
- Current HPI
- 273.0986
- Rent YoY
- ▲ 6.24%
- 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
+480.0% since first listed54 events — show timeline
- 2026-04-27 Pending — MiRealSource-MiMLS
- 2026-04-27 Pending — REALCOMP
- 2026-03-30 Relisted — MiRealSource-MiMLS
- 2026-03-30 Relisted — REALCOMP
- 2026-03-24 Pending — MiRealSource-MiMLS
- 2026-03-24 Pending — REALCOMP
- 2026-03-18 Listed $145,000 REALCOMP
- 2026-03-18 Listed $145,000 MiRealSource-MiMLS
- 2026-02-05 Listing Removed — REALCOMP
- 2025-11-06 Price Changed $165,000 REALCOMP
- 2025-10-10 Listed $185,000 REALCOMP
- 2025-10-03 Rental Removed $1,400 REALSOURCE
- 2025-08-28 Listed for Rent $1,400 REALSOURCE
- 2023-10-20 Rental Removed $1,300 REALCOMP
- 2023-10-10 Price Changed $1,300 REALCOMP
- 2023-09-27 Price Changed $1,400 REALCOMP
- 2023-09-12 Listed for Rent $1,500 REALCOMP
- 2020-09-21 Listing Removed — REALCOMP
- 2020-06-16 Pending — MiRealSource-MiMLS
- 2020-06-16 Pending — REALCOMP
- 2020-06-16 Listing Removed — MiRealSource-MiMLS
- 2020-05-27 Price Changed $134,900 MiRealSource-MiMLS
- 2020-05-27 Price Changed $134,900 REALCOMP
- 2020-03-25 Listed $139,900 MiRealSource-MiMLS
- 2020-03-25 Listed $139,900 REALCOMP
- 2019-08-07 Listing Removed — REALCOMP
- 2019-08-07 Listing Removed — MiRealSource-MiMLS
- 2019-07-24 Price Changed $99,000 MiRealSource-MiMLS
- 2019-07-24 Price Changed $99,000 REALCOMP
- 2019-07-20 Listed $119,900 MiRealSource-MiMLS
- 2019-07-20 Listed $119,900 REALCOMP
- 2017-10-23 Listing Removed — REALCOMP
- 2017-10-23 Listing Removed — MiRealSource-MiMLS
- 2017-10-02 Listed $99,900 MiRealSource-MiMLS
- 2017-10-02 Listing Removed — REALCOMP
- 2017-10-02 Listed $99,900 REALCOMP
- 2017-10-02 Listing Removed — MiRealSource-MiMLS
- 2017-09-03 Listed $109,900 MiRealSource-MiMLS
- 2017-09-03 Listed $109,900 REALCOMP
- 2017-08-26 Listing Removed — REALCOMP
- 2017-08-25 Listing Removed — MiRealSource-MiMLS
- 2017-08-16 Price Changed $114,500 MiRealSource-MiMLS
- 2017-08-15 Price Changed $114,500 REALCOMP
- 2017-07-31 Price Changed $119,500 MiRealSource-MiMLS
- 2017-07-31 Price Changed $119,500 REALCOMP
- 2017-07-31 Price Changed $119,900 MiRealSource-MiMLS
- 2017-07-30 Price Changed $119,900 REALCOMP
- 2017-07-25 Listed $129,900 MiRealSource-MiMLS
- 2017-07-25 Listed $129,900 REALCOMP
- 1995-09-12 Sold (Public Records) $53,900 Public Records
- 1995-08-10 Sold (MLS) $53,000 MiRealSource-MiMLS
- 1995-07-28 Listing Removed — MiRealSource-MiMLS
- 1995-06-30 Listed $53,900 MiRealSource-MiMLS
- 1989-11-22 Sold (Public Records) $25,000 Public Records
Property tax history
+13.6%/yrLatest (2025): $7,879 · +1.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…