2624 10th St · Wyandotte, MI 48192

$149,900

3 bd · 1.0 ba · 1,164 sqft · SingleFamily public records · 16 Days on market

Built 1919 4,792 sqft lot Est $196k · 23% under

---

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 +19.5/30.0
• ARV discount +15.0/15.0
• DSCR +6.2/10.0
• 1% rule +5.1/10.0
• Rent growth +4.5/5.0
• Livability +4.4/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Opportunity Awaits in the Heart of Wyandotte Love the water? You're in the perfect spot. Downtown Wyandotte sits along the scenic Detroit River renowned as the Walleye Capital of the World offering boating, fishing, and waterfront recreation just minutes from your doorstep. Welcome to this 3-bedroom, 1-bath home situated on a double lot in one of Wyandotte's most desirable neighborhoods! This property is the perfect opportunity for a homeowner looking to customize their dream space or an investor ready to add the finishing touches. Step inside to find major updates already completed, including a new bathroom, newer roof, windows, electrical, furnace, central air, and tankless water heater giving you peace of mind on the big-ticket items. The rest of the home offers a true blank canvas ready for your vision. The kitchen has been fully cleared out no cabinets, no sink, no appliances making it the ideal space to design exactly what you want from the ground up. Throughout the home, you'll find a mix of new flooring and original hardwood floors just waiting to be refinished for added charm and value. The finished upper-level bedroom is already in place and simply needs flooring to complete it. Downstairs, the basement is framed and plumbed for a future bathroom, offering incredible potential for additional living space, a recreation area, or even a guest suite. Located across the street from a church and Wyandotte Early Childhood Center, this home is in a prime, walkable area close to everything. You're just minutes from downtown Wyandotte known for its vibrant nightlife, restaurants, bars, entertainment, as well as a hospital, golf course, and convenient shopping. Plus, you're only minutes from downtown Detroit and about 20 minutes to Detroit Metro Airport, making commuting a breeze. Whether you're looking to build equity, invest, or create your dream home this is your chance to bring your vision to life! * Buyer to assume any required city repairs and obtain CofO * Sold as is

Key facts

• 4,792 sq ft lot
• Garage
• Built 1919

Property features AI

Finance

• Other: No pool
• Financial info: Details not provided
• HOA & community: Details not provided

Exterior

• Parking: Detached garage (approximately 1.5 car)
• Security: Details not provided
• Utilities: Public water; Public sewer
• Home design: Single-family residential; One and one-half story; Ground-level entry with steps; Aluminum siding and brick exterior
• Construction: Brick/mortar foundation
• Exterior features: Paved road access; Lot measures approximately 46 x 102 (0.11 acres)

Interior

• Kitchen: Details not provided
• Bedrooms: Details not provided
• Flooring: Details not provided
• Bathrooms: One full bathroom
• Heating & cooling: Forced air heating (natural gas); Central air conditioning
• Interior features: Six total rooms; Unfinished basement
• Laundry & utility: Details not provided

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $171 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $148k (1.5% below list) — sets the bar for market timing.
• Cap rate 7.7% vs local median 4.9% in Wyandotte — 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 88/100 on livability (#11 in MI, #181 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment C-.
• Wyandotte School District (suburban): math 27% / reading 45% proficiency, ranked #262 of 540 in MI (top 48%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+7.9%/yr); 117 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 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.
• 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 + 7.9% rent growth), your $42k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 11y ago; this cycle's ask has dropped $20k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1919 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $147,651 (1.5% below list)

Questions for the listing agent

1. Built in 1919 — 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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.01% ✓
• Cap rate: 7.66%
• Cash-on-cash: 4.88%
• DSCR: 1.22
• GRM: 8.3

CMA / ARV

• ARV (on-the-fly): $195,552
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2624 10th St	0.00mi	3/1.0	1,164 (0%)	1mo	$145,000	$125	99
2398 12th St	0.21mi	3/2.0	1,184 (+2%)	9mo	$220,000	$186	76
618 Walnut St	0.40mi	3/1.0	1,238 (+6%)	5mo	$167,500	$135	67
2951 9th St	0.30mi	3/1.0	1,061 (-9%)	8mo	$155,000	$146	65
1518 Chestnut St	0.32mi	2/1.0 (-1)	1,008 (-13%)	1mo	$169,000	$168	57
3366 11th St	0.58mi	4/1.5 (+1)	1,100 (-6%)	3mo	$205,000	$186	54
2096 Electric St	0.39mi	3/1.0	1,000 (-14%)	6mo	$130,000	$130	54
2032 3rd St	0.75mi	3/2.0	1,204 (+3%)	8mo	$205,000	$170	48
1735 Lindbergh St	0.72mi	2/1.0 (-1)	1,215 (+4%)	7mo	$170,000	$140	48
2110 21st St	0.72mi	3/1.5	1,272 (+9%)	2mo	$255,000	$200	48
3358 13th St	0.59mi	3/2.0	1,026 (-12%)	2mo	$154,000	$150	46
344 Oak St	0.60mi	3/2.0	1,332 (+14%)	2mo	$250,000	$188	43

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 · 7.86% rent growth · sell at horizon

5-year hold

• IRR: -3.4%
• Equity multiple: 0.87×
• Total profit: $-5,640
• Equity at exit: $22,351

10-year hold

• IRR: 11.1%
• Equity multiple: 2.06×
• Total profit: $44,386
• Equity at exit: $12,961

Cash invested: $41,972 (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 48192

• Rents YoY: 7.9%
• Active inventory: 117
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,514 high
• Mortgage (P&I): −$786
• Tax from tax record: −$177 /mo · $2,119/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$318
• Net cashflow: $171

Break-even live

Break-even rent $1,298

Max offer price $149,900

Occupancy floor 84%

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2700 6th St Wyandotte, MI	1.0–2.0	1.0	900	$1,095	$1.22	44d	2	0.31mi
1569 Sycamore St Wyandotte, MI	3.0	1.0	944	$1,695	$1.80	44d	1	0.59mi
1024 Adelaide St Wyandotte, MI	2.0	1.0	800	$3,100	$3.88	2d	1	0.66mi
667 Pine St Unit 1 Wyandotte, MI	3.0	1.0	1000	$1,500	$1.50	2d	1	0.72mi
667 Pine St Unit 2 Wyandotte, MI	2.0	1.0	800	$1,400	$1.75	2d	1	0.72mi
82 Poplar St Apt 2 Wyandotte, MI	2.0	1.0	900	$1,295	$1.44	44d	1	0.81mi
1650 19th St Wyandotte, MI	3.0	2.0	1100	$1,899	$1.73	18d	1	0.86mi
20 Chestnut St Unit 1003-4 Wyandotte, MI	2.0	2.0	1100	$1,990	$1.81	44d	1	0.90mi
2832 Van Alstyne St Wyandotte, MI	2.0	2.0	1352	$2,500	$1.85	2d	1	0.91mi
1163 17th St Wyandotte, MI	3.0	1.0	1010	$1,695	$1.68	44d	1	0.96mi
3851 17th St Wyandotte, MI	2.0	1.0	764	$1,200	$1.57	3d	1	1.00mi
13020 Pullman St Southgate, MI	4.0	1.0	1050	$1,550	$1.48	3d	1	1.07mi
1130 21st St Wyandotte, MI	3.0	1.0	864	$1,420	$1.64	2d	1	1.12mi
13185 Sycamore St Southgate, MI	3.0	1.0	1080	$1,700	$1.57	24d	1	1.12mi
1159 McKinley St Wyandotte, MI	3.0	1.0	1050	$1,350	$1.29	2d	1	1.14mi
610 Harrison Blvd Unit 46 Lincoln Park, MI	2.0	1.0	800	$995	$1.24	3d	1	1.19mi
610 Harrison Blvd Apt 43 Lincoln Park, MI	2.0	1.0	800	$1,050	$1.31	24d	1	1.19mi
720 Harrison Blvd Unit 20 Lincoln Park, MI	2.0	1.0	800	$1,025	$1.28	3d	1	1.19mi
750 Harrison Blvd Unit 5 Lincoln Park, MI	2.0	1.0	800	$995	$1.24	5d	1	1.20mi
854 Harrison Blvd Lincoln Park, MI	3.0	1.0	1410	$1,750	$1.24	44d	1	1.22mi
850 Biddle Ave Unit 2 Wyandotte, MI	2.0	1.0	800	$1,300	$1.62	5d	1	1.48mi

Listing history 13 events

1. 2026-05-17
   status Pending 2009-char remark

   Show marketing remark (2009 chars)

   Opportunity Awaits in the Heart of Wyandotte Love the water? You're in the perfect spot. Downtown Wyandotte sits along the scenic Detroit River renowned as the Walleye Capital of the World offering boating, fishing, and waterfront recreation just minutes from your doorstep. Welcome to this 3-bedroom, 1-bath home situated on a double lot in one of Wyandotte's most desirable neighborhoods! This property is the perfect opportunity for a homeowner looking to customize their dream space or an investor ready to add the finishing touches. Step inside to find major updates already completed, including a new bathroom, newer roof, windows, electrical, furnace, central air, and tankless water heater giving you peace of mind on the big-ticket items. The rest of the home offers a true blank canvas ready for your vision. The kitchen has been fully cleared out no cabinets, no sink, no appliances making it the ideal space to design exactly what you want from the ground up. Throughout the home, you'll find a mix of new flooring and original hardwood floors just waiting to be refinished for added charm and value. The finished upper-level bedroom is already in place and simply needs flooring to complete it. Downstairs, the basement is framed and plumbed for a future bathroom, offering incredible potential for additional living space, a recreation area, or even a guest suite. Located across the street from a church and Wyandotte Early Childhood Center, this home is in a prime, walkable area close to everything. You're just minutes from downtown Wyandotte known for its vibrant nightlife, restaurants, bars, entertainment, as well as a hospital, golf course, and convenient shopping. Plus, you're only minutes from downtown Detroit and about 20 minutes to Detroit Metro Airport, making commuting a breeze. Whether you're looking to build equity, invest, or create your dream home this is your chance to bring your vision to life! * Buyer to assume any required city repairs and obtain CofO * Sold as is

2. 2026-05-17
   status Pending

   Show marketing remark (2009 chars)

   Opportunity Awaits in the Heart of Wyandotte Love the water? You're in the perfect spot. Downtown Wyandotte sits along the scenic Detroit River renowned as the Walleye Capital of the World offering boating, fishing, and waterfront recreation just minutes from your doorstep. Welcome to this 3-bedroom, 1-bath home situated on a double lot in one of Wyandotte's most desirable neighborhoods! This property is the perfect opportunity for a homeowner looking to customize their dream space or an investor ready to add the finishing touches. Step inside to find major updates already completed, including a new bathroom, newer roof, windows, electrical, furnace, central air, and tankless water heater giving you peace of mind on the big-ticket items. The rest of the home offers a true blank canvas ready for your vision. The kitchen has been fully cleared out no cabinets, no sink, no appliances making it the ideal space to design exactly what you want from the ground up. Throughout the home, you'll find a mix of new flooring and original hardwood floors just waiting to be refinished for added charm and value. The finished upper-level bedroom is already in place and simply needs flooring to complete it. Downstairs, the basement is framed and plumbed for a future bathroom, offering incredible potential for additional living space, a recreation area, or even a guest suite. Located across the street from a church and Wyandotte Early Childhood Center, this home is in a prime, walkable area close to everything. You're just minutes from downtown Wyandotte known for its vibrant nightlife, restaurants, bars, entertainment, as well as a hospital, golf course, and convenient shopping. Plus, you're only minutes from downtown Detroit and about 20 minutes to Detroit Metro Airport, making commuting a breeze. Whether you're looking to build equity, invest, or create your dream home this is your chance to bring your vision to life! * Buyer to assume any required city repairs and obtain CofO * Sold as is

3. 2026-05-14
   price $149,900 2009-char remark

   Show marketing remark (2009 chars)

   Opportunity Awaits in the Heart of Wyandotte Love the water? You're in the perfect spot. Downtown Wyandotte sits along the scenic Detroit River renowned as the Walleye Capital of the World offering boating, fishing, and waterfront recreation just minutes from your doorstep. Welcome to this 3-bedroom, 1-bath home situated on a double lot in one of Wyandotte's most desirable neighborhoods! This property is the perfect opportunity for a homeowner looking to customize their dream space or an investor ready to add the finishing touches. Step inside to find major updates already completed, including a new bathroom, newer roof, windows, electrical, furnace, central air, and tankless water heater giving you peace of mind on the big-ticket items. The rest of the home offers a true blank canvas ready for your vision. The kitchen has been fully cleared out no cabinets, no sink, no appliances making it the ideal space to design exactly what you want from the ground up. Throughout the home, you'll find a mix of new flooring and original hardwood floors just waiting to be refinished for added charm and value. The finished upper-level bedroom is already in place and simply needs flooring to complete it. Downstairs, the basement is framed and plumbed for a future bathroom, offering incredible potential for additional living space, a recreation area, or even a guest suite. Located across the street from a church and Wyandotte Early Childhood Center, this home is in a prime, walkable area close to everything. You're just minutes from downtown Wyandotte known for its vibrant nightlife, restaurants, bars, entertainment, as well as a hospital, golf course, and convenient shopping. Plus, you're only minutes from downtown Detroit and about 20 minutes to Detroit Metro Airport, making commuting a breeze. Whether you're looking to build equity, invest, or create your dream home this is your chance to bring your vision to life! * Buyer to assume any required city repairs and obtain CofO * Sold as is

4. 2026-05-14
   price $149,900

   Show marketing remark (2009 chars)

   Opportunity Awaits in the Heart of Wyandotte Love the water? You're in the perfect spot. Downtown Wyandotte sits along the scenic Detroit River renowned as the Walleye Capital of the World offering boating, fishing, and waterfront recreation just minutes from your doorstep. Welcome to this 3-bedroom, 1-bath home situated on a double lot in one of Wyandotte's most desirable neighborhoods! This property is the perfect opportunity for a homeowner looking to customize their dream space or an investor ready to add the finishing touches. Step inside to find major updates already completed, including a new bathroom, newer roof, windows, electrical, furnace, central air, and tankless water heater giving you peace of mind on the big-ticket items. The rest of the home offers a true blank canvas ready for your vision. The kitchen has been fully cleared out no cabinets, no sink, no appliances making it the ideal space to design exactly what you want from the ground up. Throughout the home, you'll find a mix of new flooring and original hardwood floors just waiting to be refinished for added charm and value. The finished upper-level bedroom is already in place and simply needs flooring to complete it. Downstairs, the basement is framed and plumbed for a future bathroom, offering incredible potential for additional living space, a recreation area, or even a guest suite. Located across the street from a church and Wyandotte Early Childhood Center, this home is in a prime, walkable area close to everything. You're just minutes from downtown Wyandotte known for its vibrant nightlife, restaurants, bars, entertainment, as well as a hospital, golf course, and convenient shopping. Plus, you're only minutes from downtown Detroit and about 20 minutes to Detroit Metro Airport, making commuting a breeze. Whether you're looking to build equity, invest, or create your dream home this is your chance to bring your vision to life! * Buyer to assume any required city repairs and obtain CofO * Sold as is

5. 2026-05-01
   listed $169,999 Active 2009-char remark

   Show marketing remark (2009 chars)

   Opportunity Awaits in the Heart of Wyandotte Love the water? You're in the perfect spot. Downtown Wyandotte sits along the scenic Detroit River renowned as the Walleye Capital of the World offering boating, fishing, and waterfront recreation just minutes from your doorstep. Welcome to this 3-bedroom, 1-bath home situated on a double lot in one of Wyandotte's most desirable neighborhoods! This property is the perfect opportunity for a homeowner looking to customize their dream space or an investor ready to add the finishing touches. Step inside to find major updates already completed, including a new bathroom, newer roof, windows, electrical, furnace, central air, and tankless water heater giving you peace of mind on the big-ticket items. The rest of the home offers a true blank canvas ready for your vision. The kitchen has been fully cleared out no cabinets, no sink, no appliances making it the ideal space to design exactly what you want from the ground up. Throughout the home, you'll find a mix of new flooring and original hardwood floors just waiting to be refinished for added charm and value. The finished upper-level bedroom is already in place and simply needs flooring to complete it. Downstairs, the basement is framed and plumbed for a future bathroom, offering incredible potential for additional living space, a recreation area, or even a guest suite. Located across the street from a church and Wyandotte Early Childhood Center, this home is in a prime, walkable area close to everything. You're just minutes from downtown Wyandotte known for its vibrant nightlife, restaurants, bars, entertainment, as well as a hospital, golf course, and convenient shopping. Plus, you're only minutes from downtown Detroit and about 20 minutes to Detroit Metro Airport, making commuting a breeze. Whether you're looking to build equity, invest, or create your dream home this is your chance to bring your vision to life! * Buyer to assume any required city repairs and obtain CofO * Sold as is

6. 2026-05-01
   listed $169,999 Active

   Show marketing remark (2009 chars)

   Opportunity Awaits in the Heart of Wyandotte Love the water? You're in the perfect spot. Downtown Wyandotte sits along the scenic Detroit River renowned as the Walleye Capital of the World offering boating, fishing, and waterfront recreation just minutes from your doorstep. Welcome to this 3-bedroom, 1-bath home situated on a double lot in one of Wyandotte's most desirable neighborhoods! This property is the perfect opportunity for a homeowner looking to customize their dream space or an investor ready to add the finishing touches. Step inside to find major updates already completed, including a new bathroom, newer roof, windows, electrical, furnace, central air, and tankless water heater giving you peace of mind on the big-ticket items. The rest of the home offers a true blank canvas ready for your vision. The kitchen has been fully cleared out no cabinets, no sink, no appliances making it the ideal space to design exactly what you want from the ground up. Throughout the home, you'll find a mix of new flooring and original hardwood floors just waiting to be refinished for added charm and value. The finished upper-level bedroom is already in place and simply needs flooring to complete it. Downstairs, the basement is framed and plumbed for a future bathroom, offering incredible potential for additional living space, a recreation area, or even a guest suite. Located across the street from a church and Wyandotte Early Childhood Center, this home is in a prime, walkable area close to everything. You're just minutes from downtown Wyandotte known for its vibrant nightlife, restaurants, bars, entertainment, as well as a hospital, golf course, and convenient shopping. Plus, you're only minutes from downtown Detroit and about 20 minutes to Detroit Metro Airport, making commuting a breeze. Whether you're looking to build equity, invest, or create your dream home this is your chance to bring your vision to life! * Buyer to assume any required city repairs and obtain CofO * Sold as is

7. 2026-04-28
   historical $169,999 2009-char remark

   Show marketing remark (2009 chars)

   Opportunity Awaits in the Heart of Wyandotte Love the water? You're in the perfect spot. Downtown Wyandotte sits along the scenic Detroit River renowned as the Walleye Capital of the World offering boating, fishing, and waterfront recreation just minutes from your doorstep. Welcome to this 3-bedroom, 1-bath home situated on a double lot in one of Wyandotte's most desirable neighborhoods! This property is the perfect opportunity for a homeowner looking to customize their dream space or an investor ready to add the finishing touches. Step inside to find major updates already completed, including a new bathroom, newer roof, windows, electrical, furnace, central air, and tankless water heater giving you peace of mind on the big-ticket items. The rest of the home offers a true blank canvas ready for your vision. The kitchen has been fully cleared out no cabinets, no sink, no appliances making it the ideal space to design exactly what you want from the ground up. Throughout the home, you'll find a mix of new flooring and original hardwood floors just waiting to be refinished for added charm and value. The finished upper-level bedroom is already in place and simply needs flooring to complete it. Downstairs, the basement is framed and plumbed for a future bathroom, offering incredible potential for additional living space, a recreation area, or even a guest suite. Located across the street from a church and Wyandotte Early Childhood Center, this home is in a prime, walkable area close to everything. You're just minutes from downtown Wyandotte known for its vibrant nightlife, restaurants, bars, entertainment, as well as a hospital, golf course, and convenient shopping. Plus, you're only minutes from downtown Detroit and about 20 minutes to Detroit Metro Airport, making commuting a breeze. Whether you're looking to build equity, invest, or create your dream home this is your chance to bring your vision to life! * Buyer to assume any required city repairs and obtain CofO * Sold as is

8. 2015-09-19
   historical
9. 2015-05-07
   historical
10. 2015-04-22
    price $83,900
11. 2015-04-16
    price $90,000
12. 2015-04-16
    listed $75,000 Active
13. 2015-02-11
    listed $83,900

ⓘ 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: $2,119 · $177/mo
• Projected year-2 tax: $2,214 · $184/mo
• Expected delta: +$95/yr (+$8/mo · 4.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 12% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥96°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

Taxation est. · year 1

• Rental income: $18,164
• − Mortgage interest: −$8,397
• − Property taxes: −$2,119
• − Insurance: −$750
• − Repairs & maintenance: −$1,453
• − Management: −$1,453
• − Depreciation: −$4,361
• Taxable loss: −$368
• Est. tax savings @ 24.0%: +$88
• After-tax cash flow: $2,136/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: Wyandotte School District
• NCES district ID: 2636540
• Math proficiency: 27% ▼ -6.00%
• Reading proficiency: 45% ▼ -1.00%
• Median HH income: $50,265
• Composite: 31.13/100
• National rank: #6060
• State rank: #262 of 540 in MI

Livability — Wyandotte

• Score: 88/100
• State rank: #11
• US rank: #181

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wyandotte, MI
• County: Wayne County · 1,562,939 people
• City population: 24,489
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 24,489
• Household income: $71,987
• Rent vs Own: 26.3% rent · 73.7% own
• Severe rent burden: 570.0

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: Predominantly White (84%)
• Race & ethnicity: White 84% Hispanic / Latino 8% Two or more races 8% Black 2%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Romanian 19% Lithuanian 4% Slovak 2%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 2% Other Indo-European 1%

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: ▼ -228.97%
• Current HPI: 174.8428
• Rent YoY: ▲ 7.86%
• 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
▸Automotive Technology	1	$20B

Price history

+78.7% since first listed

13 events — show timeline

• 2026-05-17 Pending — MiRealSource-MiMLS
• 2026-05-17 Pending — REALCOMP
• 2026-05-14 Price Changed $149,900 MiRealSource-MiMLS
• 2026-05-14 Price Changed $149,900 REALCOMP
• 2026-05-01 Listed $169,999 MiRealSource-MiMLS
• 2026-05-01 Listed $169,999 REALCOMP
• 2026-04-28 Coming Soon $169,999 MiRealSource-MiMLS
• 2015-09-19 Listing Removed — MiRealSource-MiMLS
• 2015-05-07 Listing Removed — REALCOMP
• 2015-04-22 Price Changed $83,900 REALCOMP
• 2015-04-16 Price Changed $90,000 REALCOMP
• 2015-04-16 Listed $75,000 REALCOMP
• 2015-02-11 Listed $83,900 MiRealSource-MiMLS

Property tax history

+1.5%/yr

Latest (2025): $2,119 · -23.7% YoY. Source: county tax records.