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87 Hazelwood St
D+ Composite 48.67
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 +15.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Rent growth +1.2/5.0
  • Appreciation +0.0/10.0

$27,000

87 Hazelwood St · Detroit, MI 48202
3 bd · 1.0 ba · 1,302 sqft · SingleFamily public records · 65 Days on market
Built 1911 5,227 sqft lot Est $53k · 49% under ↓ 10% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This brick, 3 bedroom home is one investment opportunity you don't want to miss! Located in the first block west of Woodward, near the New Center Area & Historic Boston Edison Distric. Bring your hard hat and vision and make this house a home again! House needs a complete rehab. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Key facts

  • 5,227 sq ft lot
  • Built 1911
  • Listed 65 days

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 3-bed/1.0-bath single-family listed at $27k.

Deal economics

  • At list price, monthly cash flow is $1k ($14k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $27k).
  • Recommended offer: $25k (6.0% below list) — sets the bar for market timing.
  • Cap rate 58.5% vs local median 10.0% in Detroit — 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 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
  • Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents falling (-5.1%/yr); 257 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • At $1,723/mo this rent would consume 47% of the median local household income ($44k/yr) (locally 1258% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $187 of loan paydown is wiped out by about $810 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 + 0.0% rent growth), your $8k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 65 days — a 6% lower offer ($25k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 6y 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 $12k; list at $27k implies a 116% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1911 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $25,380 (6.0% below list)

Questions for the listing agent

  1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1911 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
6.38%
Cap rate
58.49%
Cash-on-cash
186.42%
DSCR
9.29
GRM
1.3

CMA / ARV

ARV (on-the-fly)
$53,382
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
87 Hazelwood St 0.00mi 3/1.0 1,302 (0%) 1mo $27,000 $21 99
530 Kenilworth St 0.53mi 3/1.0 1,323 (+2%) 4mo $68,000 $51 69
1536 Hazelwood St 0.72mi 3/1.0 1,203 (-8%) 1mo $158,500 $132 53
1525 Taylor St 0.71mi 3/1.0 1,196 (-8%) 1mo $15,000 $13 52
541 Alger St 0.48mi 3/2.0 1,479 (+14%) 3mo $130,000 $88 49
923 Calvert St 0.73mi 3/1.0 1,376 (+6%) 11mo $84,900 $62 47
633 Owen St 0.59mi 3/1.0 1,461 (+12%) 12mo $40,000 $27 42
1232 Pingree St 0.58mi 3/1.5 1,420 (+9%) 18mo $58,000 $41 41
650 Melbourne St 0.69mi 4/1.5 (+1) 1,360 (+4%) 18mo $35,000 $26 38
1203 W Euclid St 0.60mi 3/1.0 1,150 (-12%) 18mo $31,500 $27 37
515 Mount Vernon St 0.61mi 4/1.0 (+1) 1,468 (+13%) 14mo $90,000 $61 34
910 E Philadelphia St 0.67mi 3/1.5 1,130 (-13%) 19mo $7,500 $7 29

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
Equity multiple
9.65×
Total profit
$65,404
Equity at exit
$4,026
10-year hold
IRR
Equity multiple
18.71×
Total profit
$133,865
Equity at exit
$2,334

Cash invested: $7,560 (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 48202

Rents YoY
-5.1%
Active inventory
257
Price-to-rent
1.3×

Monthly cashflow live

Estimated rent
$1,723 high interval (Pro) →
Mortgage (P&I)
$142
Tax est. 1.5%
$34 /mo · $405/yr
Insurance
$11
HOA
$0
Vacancy / Maint / Mgmt
$362
Net cashflow
$1,174

Break-even live

Break-even rent $236
Max offer price $27,000
Occupancy floor 27%

Sensitivity live

Price -10% $1,193 -5% $1,184 +0% $1,174 +5% $1,165 +10% $1,156
Rent -10% $1,038 -5% $1,106 +0% $1,174 +5% $1,243 +10% $1,311
Rate -1.0pp $1,188 -0.5pp $1,181 base $1,174 +0.5pp $1,167 +1.0pp $1,160

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
$6,750
Closing costs
$810
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
70 Clairmount Ave Unit 2B Detroit, MI 2.0 1.0 955 $1,400 $1.47 4d 1 0.19mi
715 Gladstone Ave Detroit, MI 2.0 1.0 1200 $1,750 $1.46 21d 1 0.21mi
719 Gladstone Ave Detroit, MI 2.0 1.0 1200 $1,750 $1.46 21d 1 0.21mi
68 E Philadelphia St Detroit, MI 3.0 2.0 1000 $1,750 $1.75 45d 1 0.28mi
156 Leicester Ct Apt 2 Detroit, MI 3.0 1.0 1000 $1,250 $1.25 45d 1 0.33mi
419 King St Detroit, MI 3.0 1.0 1668 $2,300 $1.38 11d 1 0.39mi
100 Seward Ave Detroit, MI 2.0 1.0–2.0 905 $1,575 $1.74 23d 1 0.40mi
36 Mount Vernon St Unit 5 Detroit, MI 3.0 2.5 1484 $2,300 $1.55 0d 1 0.43mi
8416 Brush St Detroit, MI 3.0 1.5 1200 $2,200 $1.83 0d 1 0.45mi
8410 Brush St Detroit, MI 3.0 2.5 1300 $2,200 $1.69 0d 1 0.45mi
59 Seward St Detroit, MI 1.0–2.0 1.0 976 $1,363 $1.40 45d 1 0.45mi
700 Seward Ave Detroit, MI 2.0 1.0 968 $1,805 $1.86 0d 2 0.45mi
557 Hague St Detroit, MI 2.0 1.0 1250 $1,400 $1.12 45d 1 0.51mi
528 E Philadelphia St Detroit, MI 3.0 1.0 1625 $2,400 $1.48 0d 1 0.52mi
9429 Brush St Unit 1B Detroit, MI 2.0 1.0 1500 $1,523 $1.02 45d 1 0.54mi
7645 Woodward Ave #70 Detroit, MI 2.0 2.5 1547 $2,600 $1.68 6d 1 0.58mi
505 Westminster St Detroit, MI 3.0 1.0 1700 $1,400 $0.82 19d 1 0.59mi
30 W Bethune St Detroit, MI 2.0 1.5 1254 $2,100 $1.67 45d 1 0.62mi
1226 Virginia Park St Unit 1226 Virginia Park, Upper V 1/10/26 (T) Detroit, MI 3.0 1.0 1100 $1,200 $1.09 45d 1 0.62mi
8263 Merrill St Detroit, MI 2.0 1.5 1092 $1,600 $1.47 45d 1 0.66mi
7430 2nd Ave Unit 1012 Detroit, MI 2.0 2.0 1100 $3,500 $3.18 45d 1 0.67mi
7430 2nd Ave Unit 0312 Detroit, MI 2.0 2.0 877 $2,150 $2.45 45d 1 0.67mi
1534 W Euclid St Unit 1534 Euclid Detroit, MI 2.0 1.0 1200 $1,150 $0.96 45d 1 0.76mi
1534 W Euclid St Detroit, MI 2.0 1.0 1200 $1,150 $0.96 14d 1 0.76mi
1542 W Euclid St Detroit, MI 2.0 1.0 1100 $1,150 $1.05 6d 1 0.76mi
1400 Seward Ave Detroit, MI 2.0 1.0 950 $1,295 $1.36 6d 1 0.77mi
1400 Seward Ave Unit 305 Detroit, MI 2.0 1.0 950 $1,295 $1.36 4d 1 0.77mi
1400 Seward Ave Unit 305 Detroit, MI 2.0 1.0 950 $1,295 $1.36 6d 1 0.77mi
613 Belmont St Detroit, MI 3.0 1.0 1100 $1,350 $1.23 19d 1 0.84mi
1427 Calvert Ave Detroit, MI 3.0 1.0 1100 $1,750 $1.59 45d 1 0.90mi
1427 Calvert Ave Detroit, MI 3.0 1.0 1100 $1,850 $1.68 25d 1 0.90mi
1710 Virginia Park St Detroit, MI 2.0 2.0 1350 $1,300 $0.96 6d 1 0.91mi
7436 Oakland St Detroit, MI 2.0 1.0 988 $1,625 $1.64 6d 1 0.93mi
9844 Woodrow Wilson St Detroit, MI 3.0 1.0 1187 $1,300 $1.10 14d 1 0.95mi
207 E Baltimore Ave Apt 800 Detroit, MI 2.0 1.5 1100 $1,800 $1.64 16d 1 0.96mi
7640 Woodrow Wilson St Unit 1 Detroit, MI 3.0 1.5 1095 $1,400 $1.28 45d 1 0.96mi
520 Englewood St Detroit, MI 4.0 1.5 1086 $1,725 $1.59 25d 1 0.98mi
1974 Virginia Park St Detroit, MI 2.0 2.0 1200 $1,995 $1.66 45d 1 1.04mi
6200 2nd Ave Detroit, MI 1.0–2.0 1.0 914 $1,860 $2.03 3d 2 1.04mi
450 Amsterdam St Detroit, MI 2.0 1.0–2.0 630 $2,720 $4.32 0d 19 1.05mi

Listing history 12 events

  1. 2026-02-26
    status Pending 1160-char remark
    Show marketing remark (1160 chars)

    This brick, 3 bedroom home is one investment opportunity you don't want to miss! Located in the first block west of Woodward, near the New Center Area & Historic Boston Edison Distric. Bring your hard hat and vision and make this house a home again! House needs a complete rehab. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

  2. 2026-02-26
    status Pending
    Show marketing remark (1160 chars)

    This brick, 3 bedroom home is one investment opportunity you don't want to miss! Located in the first block west of Woodward, near the New Center Area & Historic Boston Edison Distric. Bring your hard hat and vision and make this house a home again! House needs a complete rehab. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

  3. 2025-12-16
    listed $27,000 Active 1160-char remark
    Show marketing remark (1160 chars)

    This brick, 3 bedroom home is one investment opportunity you don't want to miss! Located in the first block west of Woodward, near the New Center Area & Historic Boston Edison Distric. Bring your hard hat and vision and make this house a home again! House needs a complete rehab. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

  4. 2025-12-16
    listed $27,000 Active
    Show marketing remark (1160 chars)

    This brick, 3 bedroom home is one investment opportunity you don't want to miss! Located in the first block west of Woodward, near the New Center Area & Historic Boston Edison Distric. Bring your hard hat and vision and make this house a home again! House needs a complete rehab. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

  5. 2021-04-23
    soldstatus $12,500 Sold 263-char remark
    Show marketing remark (263 chars)

    Attention investors! This brick house is located in Detroit's "Piety Hill" neighborhood. First block west of Woodward, near New Center and the Boston-Edison historic district. Fire damaged. Transfer of ownership to be conveyed by way of quit claim deed.

  6. 2021-04-23
    soldstatus $12,500 Closed
    Show marketing remark (263 chars)

    Attention investors! This brick house is located in Detroit's "Piety Hill" neighborhood. First block west of Woodward, near New Center and the Boston-Edison historic district. Fire damaged. Transfer of ownership to be conveyed by way of quit claim deed.

  7. 2021-04-05
    status Pending
    Show marketing remark (263 chars)

    Attention investors! This brick house is located in Detroit's "Piety Hill" neighborhood. First block west of Woodward, near New Center and the Boston-Edison historic district. Fire damaged. Transfer of ownership to be conveyed by way of quit claim deed.

  8. 2021-04-05
    status Pending 263-char remark
    Show marketing remark (263 chars)

    Attention investors! This brick house is located in Detroit's "Piety Hill" neighborhood. First block west of Woodward, near New Center and the Boston-Edison historic district. Fire damaged. Transfer of ownership to be conveyed by way of quit claim deed.

  9. 2021-01-27
    price $19,900
  10. 2021-01-26
    price $19,900 263-char remark
    Show marketing remark (263 chars)

    Attention investors! This brick house is located in Detroit's "Piety Hill" neighborhood. First block west of Woodward, near New Center and the Boston-Edison historic district. Fire damaged. Transfer of ownership to be conveyed by way of quit claim deed.

  11. 2020-12-17
    listed $29,900 Active 263-char remark
    Show marketing remark (263 chars)

    Attention investors! This brick house is located in Detroit's "Piety Hill" neighborhood. First block west of Woodward, near New Center and the Boston-Edison historic district. Fire damaged. Transfer of ownership to be conveyed by way of quit claim deed.

  12. 2020-12-17
    listed $29,900 Active
    Show marketing remark (263 chars)

    Attention investors! This brick house is located in Detroit's "Piety Hill" neighborhood. First block west of Woodward, near New Center and the Boston-Edison historic district. Fire damaged. Transfer of ownership to be conveyed by way of quit claim deed.

ⓘ 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 ≥96°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,674
− Mortgage interest
−$1,512
− Property taxes
−$405
− Insurance
−$135
− Repairs & maintenance
−$1,654
− Management
−$1,654
− Depreciation
−$785
Taxable income
$14,528
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,487
After-tax cash flow
$10,607/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
Detroit Public Schools Community District
NCES district ID
2601103
Math proficiency
10% ▼ -2.00%
Reading proficiency
24% ▲ 6.00%
Median HH income
$25,815
Composite
13.06/100
National rank
#9564
State rank
#499 of 540 in MI

Livability — Detroit

Score
73/100
State rank
#218
US rank
#5427

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Detroit, MI
County
Wayne County · 1,562,939 people
City population
572,865
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
15,780
Household income
$43,627
Rent vs Own
69.1% rent · 30.9% own
Severe rent burden
1258.0

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
Diverse neighborhood (Simpson 0.57)
Race & ethnicity
Black 60% White 26% Asian 6% Two or more races 4% Hispanic / Latino 3%
Common ancestry
Romanian 3% Slovak 1% Lithuanian 1%
Foreign-born
8% · Canada, Vietnam
Languages at home
90% English-only · Other Indo-European 3% Arabic 2% Spanish 2%

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
▼ -239.24%
Current HPI
145.5509
Rent YoY
▼ -5.13%
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

-9.7% since first listed
12 events — show timeline
  • 2026-02-26 Pending MiRealSource-MiMLS
  • 2026-02-26 Pending REALCOMP
  • 2025-12-16 Listed $27,000 REALCOMP
  • 2025-12-16 Listed $27,000 MiRealSource-MiMLS
  • 2021-04-23 Sold (MLS) $12,500 MiRealSource-MiMLS
  • 2021-04-23 Sold (MLS) $12,500 REALCOMP
  • 2021-04-05 Pending MiRealSource-MiMLS
  • 2021-04-05 Pending REALCOMP
  • 2021-01-27 Price Changed $19,900 MiRealSource-MiMLS
  • 2021-01-26 Price Changed $19,900 REALCOMP
  • 2020-12-17 Listed $29,900 MiRealSource-MiMLS
  • 2020-12-17 Listed $29,900 REALCOMP

Property tax history

+21.8%/yr

Latest (2025): $2,638 · -24.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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