18058 Cardoni St · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
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 +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +3.7/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$60,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
TENANT OCCUPIED BUNGALOW HOME LOCATED NORTH OF NEVADA AND WEST OF DEQUINDRE. THIS PROPERTY FEATURES A 2 CAR DETACHED GARAGE, HARDWOOD FLOORS, INVITING LIVING ROOM, FORMAL DINING ROOM, THREE BEDROOMS ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT PAYS 1000 PER MONTH AND IS IN A LEASE UNTIL 3/31/27. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.
Key facts
- 5,227 sq ft lot
- 2 garage spots
- Built 1950
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $61k.
Deal economics
- At list price, monthly cash flow is $483 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $61k).
- Recommended offer: $55k (9.0% below list) — sets the bar for market timing.
- Cap rate 15.8% vs local median 10.1% 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: 218 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
- This rent runs 38% of the median local income ($38k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $421 of loan paydown is wiped out by about $2k 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 + 3.0% rent growth), your $17k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 108 days — a 9% lower offer ($55k) is reasonable based on typical stale-listing flexibility.
- 10 sale attempts since 8y ago; this cycle's ask has dropped $8k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: property tax is 2.8% of price; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 108 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 2.02% ✓
- Cap rate
- 15.82%
- Cash-on-cash
- 34.02%
- DSCR
- 2.51
- GRM
- 4.1
CMA / ARV
- ARV (median comp)
- $46,874
- List price
- $60,900
- Delta
- 29.92%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 18042 Russell St | 0.06mi | 3/1.0 | 851 (-2%) | 9mo | $45,000 | $53 | 87 |
| 709 E Margaret St | 0.26mi | 3/1.5 | 913 (+5%) | 7mo | $15,000 | $16 | 71 |
| 17888 Marx St | 0.38mi | 3/1.0 | 937 (+8%) | 2mo | $34,000 | $36 | 67 |
| 18877 Fleming St | 0.69mi | 2/1.0 (-1) | 870 (+0%) | 3mo | $9,900 | $11 | 60 |
| 17439 Lumpkin St | 0.59mi | 3/1.0 | 917 (+6%) | 10mo | $70,000 | $76 | 54 |
| 18128 Fleming St | 0.61mi | 2/1.0 (-1) | 950 (+10%) | 1mo | $21,500 | $23 | 50 |
| 19164 Dequindre St | 0.69mi | 3/1.5 | 918 (+6%) | 8mo | $80,000 | $87 | 49 |
| 18134 Dequindre St | 0.43mi | 3/2.0 | 993 (+14%) | 8mo | $109,999 | $111 | 45 |
| 18882 Marx St | 0.53mi | 2/1.0 (-1) | 945 (+9%) | 13mo | $28,000 | $30 | 45 |
| 17869 Lumpkin St | 0.52mi | 2/1.0 (-1) | 786 (-9%) | 13mo | $46,900 | $60 | 44 |
| 19210 Cameron St | 0.59mi | 2/1.0 (-1) | 750 (-14%) | 5mo | $52,500 | $70 | 41 |
| 17867 Mackay St | 0.72mi | 2/1.0 (-1) | 771 (-11%) | 6mo | $30,000 | $39 | 38 |
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 · 3.0% rent growth · sell at horizon
- IRR
- 29.4%
- Equity multiple
- 2.23×
- Total profit
- $20,979
- Equity at exit
- $9,080
- IRR
- 36.8%
- Equity multiple
- 4.41×
- Total profit
- $58,157
- Equity at exit
- $5,266
Cash invested: $17,052 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 62 Landlord-Friendly
- State Michigan
- 62 Landlord-Friendly · EVEN
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 48203
- Home prices YoY
- -23.3%
- Active inventory
- 218
- Price-to-rent
- 4.1×
Monthly cashflow live
- Estimated rent
- $1,231 high interval (Pro) →
- Mortgage (P&I)
- −$319
- Tax from tax record
- −$144 /mo · $1,733/yr
- Insurance
- −$25
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$259
- Net cashflow
- $483
Break-even live
Sensitivity live
| Price | -10% $518 | -5% $501 | +0% $483 | +5% $466 | +10% $449 |
|---|---|---|---|---|---|
| Rent | -10% $386 | -5% $435 | +0% $483 | +5% $532 | +10% $581 |
| Rate | -1.0pp $514 | -0.5pp $499 | base $483 | +0.5pp $468 | +1.0pp $452 |
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
- $15,225
- Closing costs
- $1,827
- 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 18 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 18551 Saint Aubin St Detroit, MI | 3.0 | 1.0 | 962 | $1,200 | $1.25 | 17d | 1 | 0.52mi |
| 18882 Marx St Highland Park, MI | 2.0 | 1.0 | 1000 | $1,300 | $1.30 | 44d | 1 | 0.54mi |
| 18629 Fleming St Detroit, MI | 3.0 | 1.5 | 900 | $1,150 | $1.28 | 25d | 1 | 0.65mi |
| 18084 Goddard St Detroit, MI | 2.0 | 1.5 | 790 | $1,050 | $1.33 | 17d | 1 | 0.68mi |
| 406 W Goldengate St Detroit, MI | 2.0 | 1.0 | 1050 | $1,100 | $1.05 | 44d | 1 | 0.86mi |
| 404 W Golden Gate Highland Park, MI | 2.0 | 1.0 | 1050 | $1,100 | $1.05 | 44d | 1 | 0.86mi |
| 18666 Joseph Campau St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 17d | 1 | 0.99mi |
| 19703 Keating St Highland Park, MI | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 17d | 1 | 1.01mi |
| 13929 Arlington St Unit 2 Hamtramck, MI | 2.0 | 1.0 | 700 | $950 | $1.36 | 44d | 1 | 1.09mi |
| 730 Whitmore Rd Detroit, MI | 1.0–2.0 | 1.0 | 850 | $850 | $1.00 | 44d | 3 | 1.19mi |
| 931 Covington Dr Unit 202 Highland Park, MI | 2.0 | 2.0 | 550 | $1,400 | $2.55 | 44d | 1 | 1.33mi |
| 941 Merton Rd Highland Park, MI | 2.0 | 1.0 | 850 | $1,000 | $1.18 | 44d | 1 | 1.36mi |
| 17449 Manderson Rd Unit 1 Detroit, MI | 2.0 | 1.0 | 750 | $1,150 | $1.53 | 25d | 1 | 1.37mi |
| 19360 Revere St Detroit, MI | 3.0 | 1.0 | 1050 | $1,250 | $1.19 | 25d | 1 | 1.38mi |
| 19694 Gallagher St Detroit, MI | 3.0 | 1.0 | 1000 | $1,150 | $1.15 | 16d | 1 | 1.40mi |
| 17765 Manderson Rd Unit 14 Highland Park, MI | 2.0 | 1.0 | 1000 | $1,175 | $1.18 | 44d | 1 | 1.43mi |
| 17765 Manderson Rd Unit 8 Highland Park, MI | 2.0 | 1.0 | 1000 | $1,215 | $1.22 | 3d | 1 | 1.43mi |
| 19450 Norwood St Detroit, MI | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 6d | 1 | 1.46mi |
Listing history 44 events
-
2026-06-21days on market $60,900 Active 108 DOM
-
2026-06-18days on market $60,900 Active 105 DOM
-
2026-06-17days on market $60,900 Active 104 DOM
-
2026-06-15days on market $60,900 Active 102 DOM
-
2026-06-13days on market $60,900 Active 100 DOM
-
2026-06-13pricedays on market $60,900 Active 99 DOM
-
2026-06-09days on market $61,900 Active 96 DOM
-
2026-06-08days on market $61,900 Active 95 DOM
-
2026-06-07days on market $61,900 Active 94 DOM
-
2026-06-04days on market $61,900 Active 91 DOM
-
2026-06-03days on market $61,900 Active 90 DOM
-
2026-06-01days on market $61,900 Active 88 DOM
-
2026-05-31days on market $61,900 Active 87 DOM
-
2026-05-13price $62,900 502-char remark
Show marketing remark (502 chars)
TENANT OCCUPIED BUNGALOW HOME LOCATED NORTH OF NEVADA AND WEST OF DEQUINDRE. THIS PROPERTY FEATURES A 2 CAR DETACHED GARAGE, HARDWOOD FLOORS, INVITING LIVING ROOM, FORMAL DINING ROOM, THREE BEDROOMS ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT PAYS 1000 PER MONTH AND IS IN A LEASE UNTIL 3/31/27. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.
-
2026-05-12price $62,900 502-char remark
Show marketing remark (502 chars)
TENANT OCCUPIED BUNGALOW HOME LOCATED NORTH OF NEVADA AND WEST OF DEQUINDRE. THIS PROPERTY FEATURES A 2 CAR DETACHED GARAGE, HARDWOOD FLOORS, INVITING LIVING ROOM, FORMAL DINING ROOM, THREE BEDROOMS ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT PAYS 1000 PER MONTH AND IS IN A LEASE UNTIL 3/31/27. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.
-
2026-04-24price $64,900 502-char remark
Show marketing remark (502 chars)
TENANT OCCUPIED BUNGALOW HOME LOCATED NORTH OF NEVADA AND WEST OF DEQUINDRE. THIS PROPERTY FEATURES A 2 CAR DETACHED GARAGE, HARDWOOD FLOORS, INVITING LIVING ROOM, FORMAL DINING ROOM, THREE BEDROOMS ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT PAYS 1000 PER MONTH AND IS IN A LEASE UNTIL 3/31/27. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.
-
2026-04-23price $64,900 502-char remark
Show marketing remark (502 chars)
TENANT OCCUPIED BUNGALOW HOME LOCATED NORTH OF NEVADA AND WEST OF DEQUINDRE. THIS PROPERTY FEATURES A 2 CAR DETACHED GARAGE, HARDWOOD FLOORS, INVITING LIVING ROOM, FORMAL DINING ROOM, THREE BEDROOMS ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT PAYS 1000 PER MONTH AND IS IN A LEASE UNTIL 3/31/27. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.
-
2026-04-02price $65,900 502-char remark
Show marketing remark (502 chars)
TENANT OCCUPIED BUNGALOW HOME LOCATED NORTH OF NEVADA AND WEST OF DEQUINDRE. THIS PROPERTY FEATURES A 2 CAR DETACHED GARAGE, HARDWOOD FLOORS, INVITING LIVING ROOM, FORMAL DINING ROOM, THREE BEDROOMS ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT PAYS 1000 PER MONTH AND IS IN A LEASE UNTIL 3/31/27. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.
-
2026-04-02price $65,900 502-char remark
Show marketing remark (502 chars)
TENANT OCCUPIED BUNGALOW HOME LOCATED NORTH OF NEVADA AND WEST OF DEQUINDRE. THIS PROPERTY FEATURES A 2 CAR DETACHED GARAGE, HARDWOOD FLOORS, INVITING LIVING ROOM, FORMAL DINING ROOM, THREE BEDROOMS ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT PAYS 1000 PER MONTH AND IS IN A LEASE UNTIL 3/31/27. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.
-
2026-03-05$68,400 Active 502-char remark
Show marketing remark (502 chars)
TENANT OCCUPIED BUNGALOW HOME LOCATED NORTH OF NEVADA AND WEST OF DEQUINDRE. THIS PROPERTY FEATURES A 2 CAR DETACHED GARAGE, HARDWOOD FLOORS, INVITING LIVING ROOM, FORMAL DINING ROOM, THREE BEDROOMS ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT PAYS 1000 PER MONTH AND IS IN A LEASE UNTIL 3/31/27. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.
-
2026-03-05$68,400 Active 502-char remark
Show marketing remark (502 chars)
TENANT OCCUPIED BUNGALOW HOME LOCATED NORTH OF NEVADA AND WEST OF DEQUINDRE. THIS PROPERTY FEATURES A 2 CAR DETACHED GARAGE, HARDWOOD FLOORS, INVITING LIVING ROOM, FORMAL DINING ROOM, THREE BEDROOMS ONE BATHROOM, AND AN UNFINISHED BASEMENT. THE TENANT PAYS 1000 PER MONTH AND IS IN A LEASE UNTIL 3/31/27. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.
-
2026-01-21historical
-
2026-01-21historical
-
2025-10-01$69,900 Active
-
2025-10-01$69,900 Active
-
2025-07-12historical
-
2025-07-12historical
-
2025-05-14$71,900 Active
-
2025-05-14$71,900 Active
-
2025-05-13historical
-
2018-12-15historical
-
2018-12-15historical
-
2018-11-16price $17,900
-
2018-11-15price $17,900
-
2018-11-10price $18,500
-
2018-11-09price $18,500
-
2018-10-17price $18,900
-
2018-10-17price $18,900
-
2018-09-17$19,500 Active
-
2018-09-17$19,500 Active
-
2018-09-06historical
-
2018-09-05historical
-
2018-04-07$22,500 Active
-
2018-04-07$22,500 Active
ⓘ 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
- $1,733 · $144/mo
- Projected year-2 tax
- $1,733 · $144/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $14,773
- − Mortgage interest
- −$3,411
- − Property taxes
- −$1,733
- − Insurance
- −$304
- − Repairs & maintenance
- −$1,182
- − Management
- −$1,182
- − Depreciation
- −$1,772
- Taxable income
- $5,189
- Est. tax owed @ 24.0%
- −$1,245
- After-tax cash flow
- $4,555/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
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)
- 20,049
- Household income
- $38,404
- Rent vs Own
- Severe rent burden
- 1192.0
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 Black (85%)
- Race & ethnicity
- Black 85% White 8% Two or more races 5% Hispanic / Latino 2%
- Common ancestry
- Lithuanian 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 95% English-only · Spanish 3% French/Haitian/Cajun 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
- ▼ -90.13%
- Current HPI
- 297.0176
- Rent YoY
- —
- 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
+179.6% since first listed31 events — show timeline
- 2026-05-13 Price Changed $62,900 MiRealSource-MiMLS
- 2026-05-12 Price Changed $62,900 REALCOMP
- 2026-04-24 Price Changed $64,900 MiRealSource-MiMLS
- 2026-04-23 Price Changed $64,900 REALCOMP
- 2026-04-02 Price Changed $65,900 MiRealSource-MiMLS
- 2026-04-02 Price Changed $65,900 REALCOMP
- 2026-03-05 Listed $68,400 REALCOMP
- 2026-03-05 Listed $68,400 MiRealSource-MiMLS
- 2026-01-21 Listing Removed — MiRealSource-MiMLS
- 2026-01-21 Listing Removed — REALCOMP
- 2025-10-01 Listed $69,900 REALCOMP
- 2025-10-01 Listed $69,900 MiRealSource-MiMLS
- 2025-07-12 Listing Removed — MiRealSource-MiMLS
- 2025-07-12 Listing Removed — REALCOMP
- 2025-05-14 Listed $71,900 MiRealSource-MiMLS
- 2025-05-14 Listed $71,900 REALCOMP
- 2025-05-13 Coming Soon — MiRealSource-MiMLS
- 2018-12-15 Listing Removed — MiRealSource-MiMLS
- 2018-12-15 Listing Removed — REALCOMP
- 2018-11-16 Price Changed $17,900 MiRealSource-MiMLS
- 2018-11-15 Price Changed $17,900 REALCOMP
- 2018-11-10 Price Changed $18,500 MiRealSource-MiMLS
- 2018-11-09 Price Changed $18,500 REALCOMP
- 2018-10-17 Price Changed $18,900 MiRealSource-MiMLS
- 2018-10-17 Price Changed $18,900 REALCOMP
- 2018-09-17 Listed $19,500 MiRealSource-MiMLS
- 2018-09-17 Listed $19,500 REALCOMP
- 2018-09-06 Listing Removed — REALCOMP
- 2018-09-05 Listing Removed — MiRealSource-MiMLS
- 2018-04-07 Listed $22,500 MiRealSource-MiMLS
- 2018-04-07 Listed $22,500 REALCOMP
Property tax history
+0.0%/yrLatest (2025): $1,733 · -9.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…