2055 Cedar Cir · Vienna, MI 48420

$44,900

3 bd · 2.0 ba · 1,155 sqft · Other · 106 Days on market

Built 2004 1.88 ac lot $39/sqft · 73% below area ↓ 14% since listing

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Affordable, move-in ready, and located in a community packed with amenities, 2055 Cedar Cir offers an opportunity that is becoming increasingly difficult to find in today's market. This 3-bedroom, 2-bath manufactured home features approximately 1,155 square feet of comfortable living space with a practical open layout designed for everyday functionality and easy maintenance. The main living area flows naturally into the kitchen and dining spaces, creating a welcoming atmosphere for both relaxing and entertaining. The split-bedroom layout offers flexibility for guests, hobbies, storage, or a home office setup while central air and forced-air heat provide year-round comfort. Built in 2004, the home offers a great balance of affordability and modern convenience for buyers looking to step into homeownership without sacrificing space or functionality. Located within the Maple Run community, residents enjoy access to amenities that include a clubhouse, swimming pool, fitness center, playground, and community recreation spaces while remaining close to shopping, dining, and major roadways throughout Genesee County. Lot rent is approximately $650 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Maple Run, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you're looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won't want to miss.

Key facts

• 1.88 acre lot
• Built 2004
• Listed 105 days

🏷️ Possibly a rental listed for sale. The $44,900 price doesn't fit this home's estimated sale value (~$168,905) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $45k.

Deal economics

• At list price, monthly cash flow is $634 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $45k).
• Recommended offer: $41k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Clio Area School District (suburban): math 27% / reading 44% proficiency, ranked #269 of 540 in MI (top 50%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 148 active listings in the ZIP; 419 units permitted in Genesee County in 2024 (68 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $310 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Genesee County population projected at -27% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $13k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 106 days — a 9% lower offer ($41k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $8k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $40,859 (9.0% below list)

Questions for the listing agent

1. It's been on market 106 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. 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: 2.66% ✓
• Cap rate: 23.23%
• Cash-on-cash: 60.49%
• DSCR: 3.69
• GRM: 3.1

CMA / ARV

• ARV (median comp): $168,905
• List price: $44,900
• Delta: -73.42%
• Verdict: UNDERPRICED
• Comps: 16 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 59.3%
• Equity multiple: 3.63×
• Total profit: $33,103
• Equity at exit: $6,695

10-year hold

• IRR: 64.0%
• Equity multiple: 7.43×
• Total profit: $80,870
• Equity at exit: $3,882

Cash invested: $12,572 (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 48420

• Active inventory: 148
• Price-to-rent: 3.1×

Monthly cashflow live

• Estimated rent: $1,195 medium
• Mortgage (P&I): −$235
• Tax est. 1.5%: −$56 /mo · $674/yr
• Insurance: −$19
• HOA: −$0
• Vacancy / Maint / Mgmt: −$251
• Net cashflow: $634

Break-even live

Break-even rent $393

Max offer price $44,900

Occupancy floor 42%

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: $11,225
• Closing costs: $1,347
• Reserves months: —
• Total cash needed: —

Listing history 24 events

1. 2026-06-18
   days on market $44,900 Active 106 DOM
2. 2026-06-17
   days on market $44,900 Active 105 DOM
3. 2026-06-16
   days on market $44,900 Active 104 DOM
4. 2026-06-15
   days on market $44,900 Active 103 DOM
5. 2026-06-14
   days on market $44,900 Active 101 DOM
6. 2026-06-13
   days on market $44,900 Active 100 DOM
7. 2026-06-10
   days on market $44,900 Active 98 DOM
8. 2026-06-09
   days on market $44,900 Active 97 DOM
9. 2026-06-08
   days on market $44,900 Active 96 DOM
10. 2026-06-07
    days on market $44,900 Active 95 DOM
11. 2026-06-03
    days on market $44,900 Active 91 DOM
12. 2026-06-02
    days on market $44,900 Active 90 DOM
13. 2026-06-01
    days on market $44,900 Active 89 DOM
14. 2026-05-31
    days on market $44,900 Active 88 DOM
15. 2026-05-30
    days on market $44,900 Active 87 DOM
16. 2026-04-21
    price $44,900 1771-char remark

    Show marketing remark (1789 chars)

    Affordable, move-in ready, and located in a community packed with amenities, 2055 Cedar Cir offers an opportunity that is becoming increasingly difficult to find in today’s market. This 3-bedroom, 2-bath manufactured home features approximately 1,155 square feet of comfortable living space with a practical open layout designed for everyday functionality and easy maintenance. The main living area flows naturally into the kitchen and dining spaces, creating a welcoming atmosphere for both relaxing and entertaining. The split-bedroom layout offers flexibility for guests, hobbies, storage, or a home office setup while central air and forced-air heat provide year-round comfort. Built in 2004, the home offers a great balance of affordability and modern convenience for buyers looking to step into homeownership without sacrificing space or functionality. Located within the Maple Run community, residents enjoy access to amenities that include a clubhouse, swimming pool, fitness center, playground, and community recreation spaces while remaining close to shopping, dining, and major roadways throughout Genesee County. Lot rent is approximately $650 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Maple Run, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you’re looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won’t want to miss.

17. 2026-04-21
    price $44,900 1789-char remark

    Show marketing remark (1789 chars)

    Affordable, move-in ready, and located in a community packed with amenities, 2055 Cedar Cir offers an opportunity that is becoming increasingly difficult to find in today’s market. This 3-bedroom, 2-bath manufactured home features approximately 1,155 square feet of comfortable living space with a practical open layout designed for everyday functionality and easy maintenance. The main living area flows naturally into the kitchen and dining spaces, creating a welcoming atmosphere for both relaxing and entertaining. The split-bedroom layout offers flexibility for guests, hobbies, storage, or a home office setup while central air and forced-air heat provide year-round comfort. Built in 2004, the home offers a great balance of affordability and modern convenience for buyers looking to step into homeownership without sacrificing space or functionality. Located within the Maple Run community, residents enjoy access to amenities that include a clubhouse, swimming pool, fitness center, playground, and community recreation spaces while remaining close to shopping, dining, and major roadways throughout Genesee County. Lot rent is approximately $650 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Maple Run, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you’re looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won’t want to miss.

18. 2026-03-30
    price $45,000 1771-char remark

    Show marketing remark (1789 chars)

    Affordable, move-in ready, and located in a community packed with amenities, 2055 Cedar Cir offers an opportunity that is becoming increasingly difficult to find in today’s market. This 3-bedroom, 2-bath manufactured home features approximately 1,155 square feet of comfortable living space with a practical open layout designed for everyday functionality and easy maintenance. The main living area flows naturally into the kitchen and dining spaces, creating a welcoming atmosphere for both relaxing and entertaining. The split-bedroom layout offers flexibility for guests, hobbies, storage, or a home office setup while central air and forced-air heat provide year-round comfort. Built in 2004, the home offers a great balance of affordability and modern convenience for buyers looking to step into homeownership without sacrificing space or functionality. Located within the Maple Run community, residents enjoy access to amenities that include a clubhouse, swimming pool, fitness center, playground, and community recreation spaces while remaining close to shopping, dining, and major roadways throughout Genesee County. Lot rent is approximately $650 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Maple Run, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you’re looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won’t want to miss.

19. 2026-03-30
    price $45,000 1789-char remark

    Show marketing remark (1789 chars)

    Affordable, move-in ready, and located in a community packed with amenities, 2055 Cedar Cir offers an opportunity that is becoming increasingly difficult to find in today’s market. This 3-bedroom, 2-bath manufactured home features approximately 1,155 square feet of comfortable living space with a practical open layout designed for everyday functionality and easy maintenance. The main living area flows naturally into the kitchen and dining spaces, creating a welcoming atmosphere for both relaxing and entertaining. The split-bedroom layout offers flexibility for guests, hobbies, storage, or a home office setup while central air and forced-air heat provide year-round comfort. Built in 2004, the home offers a great balance of affordability and modern convenience for buyers looking to step into homeownership without sacrificing space or functionality. Located within the Maple Run community, residents enjoy access to amenities that include a clubhouse, swimming pool, fitness center, playground, and community recreation spaces while remaining close to shopping, dining, and major roadways throughout Genesee County. Lot rent is approximately $650 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Maple Run, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you’re looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won’t want to miss.

20. 2026-03-19
    price $50,000 1771-char remark

    Show marketing remark (1789 chars)

    Affordable, move-in ready, and located in a community packed with amenities, 2055 Cedar Cir offers an opportunity that is becoming increasingly difficult to find in today’s market. This 3-bedroom, 2-bath manufactured home features approximately 1,155 square feet of comfortable living space with a practical open layout designed for everyday functionality and easy maintenance. The main living area flows naturally into the kitchen and dining spaces, creating a welcoming atmosphere for both relaxing and entertaining. The split-bedroom layout offers flexibility for guests, hobbies, storage, or a home office setup while central air and forced-air heat provide year-round comfort. Built in 2004, the home offers a great balance of affordability and modern convenience for buyers looking to step into homeownership without sacrificing space or functionality. Located within the Maple Run community, residents enjoy access to amenities that include a clubhouse, swimming pool, fitness center, playground, and community recreation spaces while remaining close to shopping, dining, and major roadways throughout Genesee County. Lot rent is approximately $650 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Maple Run, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you’re looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won’t want to miss.

21. 2026-03-19
    price $50,000 1789-char remark

    Show marketing remark (1789 chars)

    Affordable, move-in ready, and located in a community packed with amenities, 2055 Cedar Cir offers an opportunity that is becoming increasingly difficult to find in today’s market. This 3-bedroom, 2-bath manufactured home features approximately 1,155 square feet of comfortable living space with a practical open layout designed for everyday functionality and easy maintenance. The main living area flows naturally into the kitchen and dining spaces, creating a welcoming atmosphere for both relaxing and entertaining. The split-bedroom layout offers flexibility for guests, hobbies, storage, or a home office setup while central air and forced-air heat provide year-round comfort. Built in 2004, the home offers a great balance of affordability and modern convenience for buyers looking to step into homeownership without sacrificing space or functionality. Located within the Maple Run community, residents enjoy access to amenities that include a clubhouse, swimming pool, fitness center, playground, and community recreation spaces while remaining close to shopping, dining, and major roadways throughout Genesee County. Lot rent is approximately $650 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Maple Run, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you’re looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won’t want to miss.

22. 2026-03-05
    listed $52,500 Active 1771-char remark

    Show marketing remark (1789 chars)

    Affordable, move-in ready, and located in a community packed with amenities, 2055 Cedar Cir offers an opportunity that is becoming increasingly difficult to find in today’s market. This 3-bedroom, 2-bath manufactured home features approximately 1,155 square feet of comfortable living space with a practical open layout designed for everyday functionality and easy maintenance. The main living area flows naturally into the kitchen and dining spaces, creating a welcoming atmosphere for both relaxing and entertaining. The split-bedroom layout offers flexibility for guests, hobbies, storage, or a home office setup while central air and forced-air heat provide year-round comfort. Built in 2004, the home offers a great balance of affordability and modern convenience for buyers looking to step into homeownership without sacrificing space or functionality. Located within the Maple Run community, residents enjoy access to amenities that include a clubhouse, swimming pool, fitness center, playground, and community recreation spaces while remaining close to shopping, dining, and major roadways throughout Genesee County. Lot rent is approximately $650 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Maple Run, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you’re looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won’t want to miss.

23. 2026-03-05
    listed $52,500 Active 1789-char remark

    Show marketing remark (1789 chars)

    Affordable, move-in ready, and located in a community packed with amenities, 2055 Cedar Cir offers an opportunity that is becoming increasingly difficult to find in today’s market. This 3-bedroom, 2-bath manufactured home features approximately 1,155 square feet of comfortable living space with a practical open layout designed for everyday functionality and easy maintenance. The main living area flows naturally into the kitchen and dining spaces, creating a welcoming atmosphere for both relaxing and entertaining. The split-bedroom layout offers flexibility for guests, hobbies, storage, or a home office setup while central air and forced-air heat provide year-round comfort. Built in 2004, the home offers a great balance of affordability and modern convenience for buyers looking to step into homeownership without sacrificing space or functionality. Located within the Maple Run community, residents enjoy access to amenities that include a clubhouse, swimming pool, fitness center, playground, and community recreation spaces while remaining close to shopping, dining, and major roadways throughout Genesee County. Lot rent is approximately $650 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Maple Run, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you’re looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won’t want to miss.

24. 2026-03-04
    historical $52,500 1771-char remark

    Show marketing remark (1771 chars)

    Affordable, move-in ready, and located in a community packed with amenities, 2055 Cedar Cir offers an opportunity that is becoming increasingly difficult to find in today's market. This 3-bedroom, 2-bath manufactured home features approximately 1,155 square feet of comfortable living space with a practical open layout designed for everyday functionality and easy maintenance. The main living area flows naturally into the kitchen and dining spaces, creating a welcoming atmosphere for both relaxing and entertaining. The split-bedroom layout offers flexibility for guests, hobbies, storage, or a home office setup while central air and forced-air heat provide year-round comfort. Built in 2004, the home offers a great balance of affordability and modern convenience for buyers looking to step into homeownership without sacrificing space or functionality. Located within the Maple Run community, residents enjoy access to amenities that include a clubhouse, swimming pool, fitness center, playground, and community recreation spaces while remaining close to shopping, dining, and major roadways throughout Genesee County. Lot rent is approximately $650 per month; buyer to verify all information with the park. All residents must be approved by the community following an accepted offer or during the inspection period. Contact the community office for verification at Maple Run, [phone]. Financing for homes located in parks does differ from traditional mortgage programs and typically requires specialized lenders; mobile-home-specific lenders are available to assist qualified buyers with the pre-approval process. If you're looking for an affordable, practical place to call home with room to make it your own, this is an opportunity you won't want to miss.

ⓘ 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: $14,339
• − Mortgage interest: −$2,515
• − Property taxes: −$674
• − Insurance: −$224
• − Repairs & maintenance: −$1,147
• − Management: −$1,147
• − Depreciation: −$1,306
• Taxable income: $7,326
• Est. tax owed @ 24.0%: −$1,758
• After-tax cash flow: $5,846/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: Clio Area School District
• NCES district ID: 2610110
• Math proficiency: 27% ▼ -4.00%
• Reading proficiency: 44% ▼ -7.00%
• Median HH income: $51,368
• Composite: 30.83/100
• National rank: #6134
• State rank: #269 of 540 in MI

Livability — Vienna

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Population (ZIP): 21,213

Population outlook (Genesee County) Hauer SSP2

• Today (2025): 381,312 people
• By 2030: 362,731 · -4.9%
• By 2040: 321,550 · -15.7%
• By 2050: 279,212 · -26.8%
• By 2075: 193,336 · -49.3%
• By 2100: 128,118 · -66.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Hispanic / Latino 4% Two or more races 3% Black 3%
• Common ancestry: Romanian 8% Lithuanian 5% Italian 4%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Genesee

• 2024 margin: Toss-up / Even · D 51.4% · R 47.2% · Other 1.4%
• 2008→2024 swing: -28.3pp toward R · 2008: 32.5pp · 2024: 4.2pp
• All cycles: 2024: D+4.2 2020: D+9.3 2016: D+9.5 2012: D+28.2 2008: D+32.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -192.27%
• Current HPI: 186.7816
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

-14.5% since first listed

9 events — show timeline

• 2026-04-21 Price Changed $44,900 MiRealSource-MiMLS
• 2026-04-21 Price Changed $44,900 REALCOMP
• 2026-03-30 Price Changed $45,000 MiRealSource-MiMLS
• 2026-03-30 Price Changed $45,000 REALCOMP
• 2026-03-19 Price Changed $50,000 MiRealSource-MiMLS
• 2026-03-19 Price Changed $50,000 REALCOMP
• 2026-03-05 Listed $52,500 MiRealSource-MiMLS
• 2026-03-05 Listed $52,500 REALCOMP
• 2026-03-04 Coming Soon $52,500 MiRealSource-MiMLS

Property tax history

+2.9%/yr

Latest (2025): $36 · -0.4% YoY. Source: county tax records.