4591 S Haggerty Lot 30 · Wayne, MI 48188

$45,000

3 bd · 2.0 ba · 1,792 sqft · SingleFamily · 103 Days on market

Built 2000 Average condition 4,356 sqft lot $25/sqft · 83% below area ↓ 25% since listing

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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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.6/5.0
• Condition / age +2.8/5.0
• Rent growth +2.6/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This ranch-set manufactured home offers a spacious, flowing layout designed for both everyday comfort and entertaining. The large living room opens seamlessly into the formal dining room, creating an inviting space for gatherings. At the center of the home, the huge island kitchen impresses with a striking herringbone butcher block island, abundant cabinetry, marble tile floors, and stainless steel appliances. A breakfast nook/informal dining area connects the kitchen to the massive family room, where a wood-burning fireplace adds warmth and charm. The primary suite is a true retreat, featuring a generous en suite bath with a stall shower and a large whirlpool tub. For added convenience, the laundry room is directly accessible from the primary bathroom. Two additional bedrooms share a full bath, providing comfortable accommodations for family or guests. Outside, enjoy a large ranch-set lot with a big backyard, complete with a gazebo and shed - perfect for relaxing, entertaining, or extra storage. Lot rent is $721 a month. Don't miss this opportunity to own a home with space, functionality, and unique features. Schedule your private showing today and see all this property has to offer.

Key facts

• Big backyard
• Laundry room access
• Large whirlpool tub

Tags

• MARBLE TILE FLOORS
• WOOD BURNING FIREPLACE
• GENEROUS EN SUITE BATH
• LARGE WHIRLPOOL TUB
• LAUNDRY ROOM ACCESS
• BIG BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $45k. Condition is rated average.

Deal economics

• At list price, monthly cash flow is $1k ($18k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $45k).
• Recommended offer: $41k (9.0% below list) — sets the bar for market timing.
• Cap rate 45.4% vs local median 5.6% in Wayne — 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 72/100 on livability (#252 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools F, crime F, employment D-.
• Wayne-Westland Community School District (suburban): math 11% / reading 27% proficiency, ranked #474 of 540 in MI (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents flat; 245 active listings in the ZIP; 2 comparable units currently listed for rent nearby; high-income renter base; 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 $311 of loan paydown is wiped out by about $1k 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 + 0.5% rent growth), your $13k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 103 days — a 9% lower offer ($41k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $15k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $40,950 (9.0% below list)

Questions for the listing agent

1. It's been on market 103 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 5.00% ✓
• Cap rate: 45.39%
• Cash-on-cash: 139.62%
• DSCR: 7.21
• GRM: 1.7

CMA / ARV

• ARV (median comp): $260,253
• List price: $45,000
• Delta: -82.71%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.46% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 7.39×
• Total profit: $80,509
• Equity at exit: $6,710

10-year hold

• IRR: —
• Equity multiple: 14.38×
• Total profit: $168,612
• Equity at exit: $3,891

Cash invested: $12,600 (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

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48188

• Rents YoY: 0.5%
• Active inventory: 245
• Price-to-rent: 1.7×

Monthly cashflow live

• Estimated rent: $2,249 medium
• Mortgage (P&I): −$236
• Tax est. 1.5%: −$56 /mo · $675/yr
• Insurance: −$19
• HOA: −$0
• Vacancy / Maint / Mgmt: −$472
• Net cashflow: $1,466

Break-even live

Break-even rent $394

Max offer price $45,000

Occupancy floor 30%

Sensitivity live

Price	-10% $1,497	-5% $1,482	+0% $1,466	+5% $1,451	+10% $1,435
Rent	-10% $1,288	-5% $1,377	+0% $1,466	+5% $1,555	+10% $1,644
Rate	-1.0pp $1,489	-0.5pp $1,478	base $1,466	+0.5pp $1,454	+1.0pp $1,443

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: $11,250
• Closing costs: $1,350
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2088 Arcadia Dr Canton, MI	2.0	2.0	1514	$2,050	$1.35	20d	1	1.32mi
1922 Pebble Creek Dr Canton, MI	2.0	3.0	1816	$2,200	$1.21	0d	1	1.42mi

Listing history 10 events

1. 2026-05-13
   price $45,000 1203-char remark

   Show marketing remark (1213 chars)

   This ranch-set manufactured home offers a spacious, flowing layout designed for both everyday comfort and entertaining. The large living room opens seamlessly into the formal dining room, creating an inviting space for gatherings. At the center of the home, the huge island kitchen impresses with a striking herringbone butcher block island, abundant cabinetry, marble tile floors, and stainless steel appliances. A breakfast nook/informal dining area connects the kitchen to the massive family room, where a wood-burning fireplace adds warmth and charm. The primary suite is a true retreat, featuring a generous en suite bath with a stall shower and a large whirlpool tub. For added convenience, the laundry room is directly accessible from the primary bathroom. Two additional bedrooms share a full bath, providing comfortable accommodations for family or guests. Outside, enjoy a large ranch-set lot with a big backyard, complete with a gazebo and shed—perfect for relaxing, entertaining, or extra storage. Lot rent is $721 a month. Don’t miss this opportunity to own a home with space, functionality, and unique features. Schedule your private showing today and see all this property has to offer.

2. 2026-05-13
   price $45,000 1213-char remark

   Show marketing remark (1213 chars)

   This ranch-set manufactured home offers a spacious, flowing layout designed for both everyday comfort and entertaining. The large living room opens seamlessly into the formal dining room, creating an inviting space for gatherings. At the center of the home, the huge island kitchen impresses with a striking herringbone butcher block island, abundant cabinetry, marble tile floors, and stainless steel appliances. A breakfast nook/informal dining area connects the kitchen to the massive family room, where a wood-burning fireplace adds warmth and charm. The primary suite is a true retreat, featuring a generous en suite bath with a stall shower and a large whirlpool tub. For added convenience, the laundry room is directly accessible from the primary bathroom. Two additional bedrooms share a full bath, providing comfortable accommodations for family or guests. Outside, enjoy a large ranch-set lot with a big backyard, complete with a gazebo and shed—perfect for relaxing, entertaining, or extra storage. Lot rent is $721 a month. Don’t miss this opportunity to own a home with space, functionality, and unique features. Schedule your private showing today and see all this property has to offer.

3. 2026-05-09
   status Active 1203-char remark

   Show marketing remark (1213 chars)

   This ranch-set manufactured home offers a spacious, flowing layout designed for both everyday comfort and entertaining. The large living room opens seamlessly into the formal dining room, creating an inviting space for gatherings. At the center of the home, the huge island kitchen impresses with a striking herringbone butcher block island, abundant cabinetry, marble tile floors, and stainless steel appliances. A breakfast nook/informal dining area connects the kitchen to the massive family room, where a wood-burning fireplace adds warmth and charm. The primary suite is a true retreat, featuring a generous en suite bath with a stall shower and a large whirlpool tub. For added convenience, the laundry room is directly accessible from the primary bathroom. Two additional bedrooms share a full bath, providing comfortable accommodations for family or guests. Outside, enjoy a large ranch-set lot with a big backyard, complete with a gazebo and shed—perfect for relaxing, entertaining, or extra storage. Lot rent is $721 a month. Don’t miss this opportunity to own a home with space, functionality, and unique features. Schedule your private showing today and see all this property has to offer.

4. 2026-05-09
   status Active 1213-char remark

   Show marketing remark (1213 chars)

   This ranch-set manufactured home offers a spacious, flowing layout designed for both everyday comfort and entertaining. The large living room opens seamlessly into the formal dining room, creating an inviting space for gatherings. At the center of the home, the huge island kitchen impresses with a striking herringbone butcher block island, abundant cabinetry, marble tile floors, and stainless steel appliances. A breakfast nook/informal dining area connects the kitchen to the massive family room, where a wood-burning fireplace adds warmth and charm. The primary suite is a true retreat, featuring a generous en suite bath with a stall shower and a large whirlpool tub. For added convenience, the laundry room is directly accessible from the primary bathroom. Two additional bedrooms share a full bath, providing comfortable accommodations for family or guests. Outside, enjoy a large ranch-set lot with a big backyard, complete with a gazebo and shed—perfect for relaxing, entertaining, or extra storage. Lot rent is $721 a month. Don’t miss this opportunity to own a home with space, functionality, and unique features. Schedule your private showing today and see all this property has to offer.

5. 2026-05-03
   historical 1203-char remark

   Show marketing remark (1213 chars)

   This ranch-set manufactured home offers a spacious, flowing layout designed for both everyday comfort and entertaining. The large living room opens seamlessly into the formal dining room, creating an inviting space for gatherings. At the center of the home, the huge island kitchen impresses with a striking herringbone butcher block island, abundant cabinetry, marble tile floors, and stainless steel appliances. A breakfast nook/informal dining area connects the kitchen to the massive family room, where a wood-burning fireplace adds warmth and charm. The primary suite is a true retreat, featuring a generous en suite bath with a stall shower and a large whirlpool tub. For added convenience, the laundry room is directly accessible from the primary bathroom. Two additional bedrooms share a full bath, providing comfortable accommodations for family or guests. Outside, enjoy a large ranch-set lot with a big backyard, complete with a gazebo and shed—perfect for relaxing, entertaining, or extra storage. Lot rent is $721 a month. Don’t miss this opportunity to own a home with space, functionality, and unique features. Schedule your private showing today and see all this property has to offer.

6. 2026-05-03
   historical 1213-char remark

   Show marketing remark (1213 chars)

   This ranch-set manufactured home offers a spacious, flowing layout designed for both everyday comfort and entertaining. The large living room opens seamlessly into the formal dining room, creating an inviting space for gatherings. At the center of the home, the huge island kitchen impresses with a striking herringbone butcher block island, abundant cabinetry, marble tile floors, and stainless steel appliances. A breakfast nook/informal dining area connects the kitchen to the massive family room, where a wood-burning fireplace adds warmth and charm. The primary suite is a true retreat, featuring a generous en suite bath with a stall shower and a large whirlpool tub. For added convenience, the laundry room is directly accessible from the primary bathroom. Two additional bedrooms share a full bath, providing comfortable accommodations for family or guests. Outside, enjoy a large ranch-set lot with a big backyard, complete with a gazebo and shed—perfect for relaxing, entertaining, or extra storage. Lot rent is $721 a month. Don’t miss this opportunity to own a home with space, functionality, and unique features. Schedule your private showing today and see all this property has to offer.

7. 2026-04-06
   price $55,000 1203-char remark

   Show marketing remark (1213 chars)

   This ranch-set manufactured home offers a spacious, flowing layout designed for both everyday comfort and entertaining. The large living room opens seamlessly into the formal dining room, creating an inviting space for gatherings. At the center of the home, the huge island kitchen impresses with a striking herringbone butcher block island, abundant cabinetry, marble tile floors, and stainless steel appliances. A breakfast nook/informal dining area connects the kitchen to the massive family room, where a wood-burning fireplace adds warmth and charm. The primary suite is a true retreat, featuring a generous en suite bath with a stall shower and a large whirlpool tub. For added convenience, the laundry room is directly accessible from the primary bathroom. Two additional bedrooms share a full bath, providing comfortable accommodations for family or guests. Outside, enjoy a large ranch-set lot with a big backyard, complete with a gazebo and shed—perfect for relaxing, entertaining, or extra storage. Lot rent is $721 a month. Don’t miss this opportunity to own a home with space, functionality, and unique features. Schedule your private showing today and see all this property has to offer.

8. 2026-04-06
   price $55,000 1213-char remark

   Show marketing remark (1213 chars)

   This ranch-set manufactured home offers a spacious, flowing layout designed for both everyday comfort and entertaining. The large living room opens seamlessly into the formal dining room, creating an inviting space for gatherings. At the center of the home, the huge island kitchen impresses with a striking herringbone butcher block island, abundant cabinetry, marble tile floors, and stainless steel appliances. A breakfast nook/informal dining area connects the kitchen to the massive family room, where a wood-burning fireplace adds warmth and charm. The primary suite is a true retreat, featuring a generous en suite bath with a stall shower and a large whirlpool tub. For added convenience, the laundry room is directly accessible from the primary bathroom. Two additional bedrooms share a full bath, providing comfortable accommodations for family or guests. Outside, enjoy a large ranch-set lot with a big backyard, complete with a gazebo and shed—perfect for relaxing, entertaining, or extra storage. Lot rent is $721 a month. Don’t miss this opportunity to own a home with space, functionality, and unique features. Schedule your private showing today and see all this property has to offer.

9. 2026-02-03
   listed $60,000 Active 1213-char remark

   Show marketing remark (1203 chars)

   This ranch-set manufactured home offers a spacious, flowing layout designed for both everyday comfort and entertaining. The large living room opens seamlessly into the formal dining room, creating an inviting space for gatherings. At the center of the home, the huge island kitchen impresses with a striking herringbone butcher block island, abundant cabinetry, marble tile floors, and stainless steel appliances. A breakfast nook/informal dining area connects the kitchen to the massive family room, where a wood-burning fireplace adds warmth and charm. The primary suite is a true retreat, featuring a generous en suite bath with a stall shower and a large whirlpool tub. For added convenience, the laundry room is directly accessible from the primary bathroom. Two additional bedrooms share a full bath, providing comfortable accommodations for family or guests. Outside, enjoy a large ranch-set lot with a big backyard, complete with a gazebo and shed - perfect for relaxing, entertaining, or extra storage. Lot rent is $721 a month. Don't miss this opportunity to own a home with space, functionality, and unique features. Schedule your private showing today and see all this property has to offer.

10. 2026-02-03
    listed $60,000 Active 1203-char remark

    Show marketing remark (1203 chars)

    This ranch-set manufactured home offers a spacious, flowing layout designed for both everyday comfort and entertaining. The large living room opens seamlessly into the formal dining room, creating an inviting space for gatherings. At the center of the home, the huge island kitchen impresses with a striking herringbone butcher block island, abundant cabinetry, marble tile floors, and stainless steel appliances. A breakfast nook/informal dining area connects the kitchen to the massive family room, where a wood-burning fireplace adds warmth and charm. The primary suite is a true retreat, featuring a generous en suite bath with a stall shower and a large whirlpool tub. For added convenience, the laundry room is directly accessible from the primary bathroom. Two additional bedrooms share a full bath, providing comfortable accommodations for family or guests. Outside, enjoy a large ranch-set lot with a big backyard, complete with a gazebo and shed - perfect for relaxing, entertaining, or extra storage. Lot rent is $721 a month. Don't miss this opportunity to own a home with space, functionality, and unique features. Schedule your private showing today and see all this property has to offer.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $26,993
• − Mortgage interest: −$2,521
• − Property taxes: −$675
• − Insurance: −$225
• − Repairs & maintenance: −$2,159
• − Management: −$2,159
• − Depreciation: −$1,309
• Taxable income: $17,944
• Est. tax owed @ 24.0%: −$4,307
• After-tax cash flow: $13,286/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.

Condition & rehab AI · 12 photos

Average 55/100 Moderate rehab

This ranch-style manufactured home requires moderate repairs and maintenance to improve its condition and value. Upgrades to the exterior, interior, and landscaping would significantly enhance its curb appeal and overall value.

Repairs flagged

• Minor exterior siding — some discoloration
• Minor interior paint — some discoloration
• Minor landscaping — some overgrown areas

Value-add opportunities

• Both paint interior and exterior — enhances curb appeal and interior aesthetics
• Both landscaping — improves curb appeal and enhances property value
• Both HVAC maintenance — ensures comfort and energy efficiency
• Both roof inspection — ensures structural integrity and longevity

Renovation cost estimate screening

Repair item	Severity	Est. cost
exterior siding · some discoloration	Minor	$500–3,000
interior paint · some discoloration	Minor	$500–3,000
landscaping · some overgrown areas	Minor	$500–3,000
Total estimated repair cost · 3 items		$1,500–9,000

Value-add ROI direction

• Both paint interior and exterior — enhances curb appeal and interior aesthetics ↑
• Both landscaping — improves curb appeal and enhances property value ↑
• Both HVAC maintenance — ensures comfort and energy efficiency ↑
• Both roof inspection — ensures structural integrity and longevity ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Wayne-Westland Community School District
• NCES district ID: 2600015
• Math proficiency: 11% ▼ -6.00%
• Reading proficiency: 27% ▼ -2.00%
• Median HH income: $43,524
• Composite: 16.4/100
• National rank: #9195
• State rank: #474 of 540 in MI

Livability — Wayne

• Score: 72/100
• State rank: #252
• US rank: #6284

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Wayne County · 1,562,939 people
• City population: 17,348
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 45,665
• Household income: $122,781
• Rent vs Own: 17.2% rent · 82.8% own
• Severe rent burden: 486.0

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 0.59)
• Race & ethnicity: White 58% Asian 23% Black 11% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Romanian 8% Lithuanian 3% Slovak 2%
• Foreign-born: 23% · Canada, China, Vietnam
• Languages at home: 74% English-only · Other Indo-European 12% Other Asian/Pacific 4% Arabic 3%

Political lean MEDSL · Wayne

• 2024 margin: Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
• 2008→2024 swing: -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
• All cycles: 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -299.09%
• Current HPI: 193.4673
• Rent YoY: ▲ 0.46%
• 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

-25.0% since first listed

10 events — show timeline

• 2026-05-13 Price Changed $45,000 MiRealSource-MiMLS
• 2026-05-13 Price Changed $45,000 REALCOMP
• 2026-05-09 Relisted — MiRealSource-MiMLS
• 2026-05-09 Relisted — REALCOMP
• 2026-05-03 Listing Removed — REALCOMP
• 2026-05-03 Listing Removed — MiRealSource-MiMLS
• 2026-04-06 Price Changed $55,000 MiRealSource-MiMLS
• 2026-04-06 Price Changed $55,000 REALCOMP
• 2026-02-03 Listed $60,000 REALCOMP
• 2026-02-03 Listed $60,000 MiRealSource-MiMLS