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4143 Holcomb St
D+ Composite 49.96
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
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$25,000

4143 Holcomb St · Detroit, MI 48214
3 bd · 1.0 ba · 962 sqft · SingleFamily public records · 126 Days on market
Built 1914 3,049 sqft lot $26/sqft · 25% below area Est $33k · 25% under ↓ 29% since listing

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

Listing remarks MLS

Invest in Your Future with This Classic Fixer-Upper! Opportunity knocks with this diamond in the rough - perfect for investors, renovators, or buyers ready to bring new life to a home full of character. This 3-bedroom, 1-bath property offers a solid layout and the chance to restore its original charm. Inside, you'll find wood flooring, generously sized rooms, and an unfinished upper level ready for your vision - ideal for added living space, storage, or future expansion. The home features classic architectural details just waiting to be revived. With some TLC, this property could shine as a primary residence, rental, or flip. Whether you're looking to build equity or create something truly special, this home offers endless possibilities. Bring your ideas, your tools, and your imagination - this is a chance to create value and make it your own. Sold as-is. The up & growing city of Detroit. With its close proximity to downtown and other popular locations along the Detroit River, this is the ideal place to enjoy the city while still having access to many of the conveniences of the suburbs. Don't miss out on this amazing opportunity to own a comfortable and modern home in Detroit!

Key facts

  • Wood flooring
  • 3,049 sq ft lot
  • Built 1914

Tags

UNFINISHED UPPER LEVELWOOD FLOORINGCLASSIC ARCHITECTURAL DETAILSCLOSE PROXIMITY TO DOWNTOWN

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 $25k.

Deal economics

  • At list price, monthly cash flow is $794 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $25k).
  • Recommended offer: $22k (12.0% below list) — sets the bar for market timing.
  • Cap rate 44.4% 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: 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.
  • Zoned schools: Nichols Elementarymiddle School (math 24% / reading 24%, grade F, #980 of 1,397 statewide, top 74%, 291 students, 86% FRL); Southeastern High School (math 5% / reading 15%, grade F, #659 of 713 statewide, top 97%, 644 students, 87% FRL) — zoned schools at 87% FRL track the district average.
  • Market conditions: 300 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 43% 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 45% of the median local income ($34k/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 $173 of loan paydown is wiped out by about $750 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 $7k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 126 days — a 12% lower offer ($22k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $10k (29%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1914 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $22,000 (12.0% below list)

Questions for the listing agent

  1. It's been on market 126 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1914 — 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
4.99%
Cap rate
44.43%
Cash-on-cash
136.19%
DSCR
7.06
GRM
1.7

CMA / ARV

ARV (median comp)
$33,154
List price
$25,000
Delta
-24.59%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
4143 Holcomb St 0.00mi 3/1.0 962 (0%) 1mo $15,000 $16 99
5232 Mcclellan St 0.63mi 3/1.0 1,001 (+4%) 0mo $33,000 $33 63
4177 Cadillac Blvd 0.32mi 2/1.5 (-1) 950 (-1%) 16mo $35,000 $37 63
3855 Harding St 0.63mi 3/1.0 986 (+2%) 8mo $45,000 $46 59
8043 Sprague St 0.54mi 3/1.0 988 (+3%) 15mo $35,000 $35 58
3486 Belvidere St 0.34mi 3/1.0 1,104 (+15%) 4mo $30,000 $27 56
5049 Pennsylvania St 0.57mi 3/1.0 1,046 (+9%) 6mo $15,000 $14 54
5327 Holcomb St 0.67mi 3/2.0 1,046 (+9%) 5mo $30,000 $29 46
5081 Belvidere St 0.53mi 2/1.0 (-1) 890 (-8%) 17mo $68,000 $76 44
4482 Harding St 0.69mi 3/1.0 847 (-12%) 15mo $20,000 $24 36
5120 Belvidere St 0.58mi 3/2.0 1,098 (+14%) 12mo $83,500 $76 35
5336 Fischer St 0.70mi 3/1.0 1,096 (+14%) 13mo $45,000 $41 33

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

5-year hold
IRR
Equity multiple
7.65×
Total profit
$46,576
Equity at exit
$3,728
10-year hold
IRR
Equity multiple
16.12×
Total profit
$105,829
Equity at exit
$2,162

Cash invested: $7,000 (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 48214

Active inventory
300
Price-to-rent
1.7×

Monthly cashflow live

Estimated rent
$1,246 high interval (Pro) →
Mortgage (P&I)
$131
Tax from tax record
$49 /mo · $585/yr
Insurance
$10
HOA
$0
Vacancy / Maint / Mgmt
$262
Net cashflow
$794

Break-even live

Break-even rent $241
Max offer price $25,000
Occupancy floor 31%

Sensitivity live

Price -10% $809 -5% $801 +0% $794 +5% $787 +10% $780
Rent -10% $696 -5% $745 +0% $794 +5% $844 +10% $893
Rate -1.0pp $807 -0.5pp $801 base $794 +0.5pp $788 +1.0pp $781

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
$6,250
Closing costs
$750
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 30 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3475 Crane St Detroit, MI 3.0 1.5 1000 $1,338 $1.34 45d 1 0.34mi
4735 Rohns St Unit 4A Detroit, MI 2.0 1.0 850 $1,000 $1.18 4d 1 0.36mi
4735 Rohns St Unit 6A Detroit, MI 2.0 1.0 850 $1,100 $1.29 4d 1 0.36mi
4190 Hurlbut St Unit 2 Detroit, MI 2.0 1.0 900 $945 $1.05 17d 1 0.40mi
3501 Garland St Detroit, MI 2.0 1.0 1000 $900 $0.90 26d 1 0.56mi
3495 Garland St Detroit, MI 2.0 1.0 1100 $900 $0.82 45d 1 0.57mi
3032 Hurlbut St Unit 1 Detroit, MI 2.0 1.0 950 $900 $0.95 5d 1 0.58mi
2282 Belvidere St Unit 102 Detroit, MI 2.0 2.0 1000 $1,250 $1.25 45d 1 0.73mi
5342 Cooper St Detroit, MI 3.0 1.0 1125 $1,200 $1.07 26d 1 0.74mi
2544 Cadillac Blvd Unit 2 Detroit, MI 2.0 1.0 973 $825 $0.85 26d 1 0.75mi
3049 Montclair St Unit 1 Detroit, MI 2.0 1.0 850 $950 $1.12 45d 1 0.80mi
5380 Maxwell St Unit 5380 Detroit, MI 2.0 1.0 1100 $900 $0.82 20d 1 0.88mi
3460 Field St Detroit, MI 2.0 1.0 1000 $1,260 $1.26 7d 1 0.95mi
3937 Beniteau St Detroit, MI 2.0 1.0 900 $950 $1.06 17d 1 0.96mi
4055 Beniteau St Detroit, MI 2.0 1.0 1000 $900 $0.90 19d 1 0.97mi
8001 Kercheval Ave Detroit, MI 1.0–2.0 1.0–2.0 984 $2,270 $2.31 0d 3 1.05mi
3980 Helen St Detroit, MI 2.0 1.0 800 $845 $1.06 18d 1 1.05mi
15111 E Vernor Hwy Unit 6 Detroit, MI 2.0 1.0 900 $1,200 $1.33 26d 1 1.23mi
3511 Concord Ave Detroit, MI 2.0 1.0 750 $1,100 $1.47 45d 1 1.23mi
1130 Holcomb St Detroit, MI 2.0 1.0 550 $1,095 $1.99 0d 19 1.24mi
7410 Kercheval Ave Unit 212 Detroit, MI 2.0 2.0 1017 $1,950 $1.92 45d 1 1.25mi
8925 E Jefferson Ave Detroit, MI 1.0–2.0 1.0–2.0 1050 $1,945 $1.85 45d 9 1.27mi
8845 E Jefferson Apt 208 Detroit, MI 2.0 1.5 992 $1,635 $1.65 45d 1 1.29mi
8845 E Jefferson Ave Unit 302 Detroit, MI 2.0 2.0 885 $1,460 $1.65 45d 1 1.29mi
8845 E Jefferson Ave Unit 205 Detroit, MI 2.0 1.5 960 $1,425 $1.48 45d 1 1.29mi
8845 E Jefferson Ave Unit 203 Detroit, MI 2.0 1.5 1024 $1,515 $1.48 45d 1 1.29mi
1000 Van Dyke St Unit 205 Detroit, MI 2.0 1.0 863 $1,495 $1.73 17d 1 1.41mi
1000 Van Dyke St Unit B02 Detroit, MI 2.0 1.0 871 $1,295 $1.49 26d 1 1.41mi
1000 Van Dyke St Detroit, MI 1.0–2.0 1.0 751 $1,295 $1.72 45d 4 1.42mi
320 E Grand Blvd Detroit, MI 1.0–2.0 1.0 534 $1,345 $2.52 45d 4 1.49mi

Listing history 8 events

  1. 2026-04-29
    price $25,000 1201-char remark
    Show marketing remark (1225 chars)

    Invest in Your Future with This Classic Fixer-Upper! Opportunity knocks with this diamond in the rough—perfect for investors, renovators, or buyers ready to bring new life to a home full of character. This 3-bedroom, 1-bath property offers a solid layout and the chance to restore its original charm. Inside, you’ll find wood flooring, generously sized rooms, and an unfinished upper level ready for your vision—ideal for added living space, storage, or future expansion. The home features classic architectural details just waiting to be revived. With some TLC, this property could shine as a primary residence, rental, or flip. Whether you’re looking to build equity or create something truly special, this home offers endless possibilities. Bring your ideas, your tools, and your imagination—this is a chance to create value and make it your own. Sold as-is. The up & growing city of Detroit. With its close proximity to downtown and other popular locations along the Detroit River, this is the ideal place to enjoy the city while still having access to many of the conveniences of the suburbs. Don't miss out on this amazing opportunity to own a comfortable and modern home in Detroit!

  2. 2026-04-29
    price $25,000 1225-char remark
    Show marketing remark (1225 chars)

    Invest in Your Future with This Classic Fixer-Upper! Opportunity knocks with this diamond in the rough—perfect for investors, renovators, or buyers ready to bring new life to a home full of character. This 3-bedroom, 1-bath property offers a solid layout and the chance to restore its original charm. Inside, you’ll find wood flooring, generously sized rooms, and an unfinished upper level ready for your vision—ideal for added living space, storage, or future expansion. The home features classic architectural details just waiting to be revived. With some TLC, this property could shine as a primary residence, rental, or flip. Whether you’re looking to build equity or create something truly special, this home offers endless possibilities. Bring your ideas, your tools, and your imagination—this is a chance to create value and make it your own. Sold as-is. The up & growing city of Detroit. With its close proximity to downtown and other popular locations along the Detroit River, this is the ideal place to enjoy the city while still having access to many of the conveniences of the suburbs. Don't miss out on this amazing opportunity to own a comfortable and modern home in Detroit!

  3. 2026-04-23
    price $29,900 1201-char remark
    Show marketing remark (1225 chars)

    Invest in Your Future with This Classic Fixer-Upper! Opportunity knocks with this diamond in the rough—perfect for investors, renovators, or buyers ready to bring new life to a home full of character. This 3-bedroom, 1-bath property offers a solid layout and the chance to restore its original charm. Inside, you’ll find wood flooring, generously sized rooms, and an unfinished upper level ready for your vision—ideal for added living space, storage, or future expansion. The home features classic architectural details just waiting to be revived. With some TLC, this property could shine as a primary residence, rental, or flip. Whether you’re looking to build equity or create something truly special, this home offers endless possibilities. Bring your ideas, your tools, and your imagination—this is a chance to create value and make it your own. Sold as-is. The up & growing city of Detroit. With its close proximity to downtown and other popular locations along the Detroit River, this is the ideal place to enjoy the city while still having access to many of the conveniences of the suburbs. Don't miss out on this amazing opportunity to own a comfortable and modern home in Detroit!

  4. 2026-04-23
    price $29,900 1225-char remark
    Show marketing remark (1225 chars)

    Invest in Your Future with This Classic Fixer-Upper! Opportunity knocks with this diamond in the rough—perfect for investors, renovators, or buyers ready to bring new life to a home full of character. This 3-bedroom, 1-bath property offers a solid layout and the chance to restore its original charm. Inside, you’ll find wood flooring, generously sized rooms, and an unfinished upper level ready for your vision—ideal for added living space, storage, or future expansion. The home features classic architectural details just waiting to be revived. With some TLC, this property could shine as a primary residence, rental, or flip. Whether you’re looking to build equity or create something truly special, this home offers endless possibilities. Bring your ideas, your tools, and your imagination—this is a chance to create value and make it your own. Sold as-is. The up & growing city of Detroit. With its close proximity to downtown and other popular locations along the Detroit River, this is the ideal place to enjoy the city while still having access to many of the conveniences of the suburbs. Don't miss out on this amazing opportunity to own a comfortable and modern home in Detroit!

  5. 2026-03-17
    price $34,500 1201-char remark
    Show marketing remark (1201 chars)

    Invest in Your Future with This Classic Fixer-Upper! Opportunity knocks with this diamond in the rough - perfect for investors, renovators, or buyers ready to bring new life to a home full of character. This 3-bedroom, 1-bath property offers a solid layout and the chance to restore its original charm. Inside, you'll find wood flooring, generously sized rooms, and an unfinished upper level ready for your vision - ideal for added living space, storage, or future expansion. The home features classic architectural details just waiting to be revived. With some TLC, this property could shine as a primary residence, rental, or flip. Whether you're looking to build equity or create something truly special, this home offers endless possibilities. Bring your ideas, your tools, and your imagination - this is a chance to create value and make it your own. Sold as-is. The up & growing city of Detroit. With its close proximity to downtown and other popular locations along the Detroit River, this is the ideal place to enjoy the city while still having access to many of the conveniences of the suburbs. Don't miss out on this amazing opportunity to own a comfortable and modern home in Detroit!

  6. 2026-03-16
    price $34,500 1225-char remark
    Show marketing remark (1225 chars)

    Invest in Your Future with This Classic Fixer-Upper! Opportunity knocks with this diamond in the rough—perfect for investors, renovators, or buyers ready to bring new life to a home full of character. This 3-bedroom, 1-bath property offers a solid layout and the chance to restore its original charm. Inside, you’ll find wood flooring, generously sized rooms, and an unfinished upper level ready for your vision—ideal for added living space, storage, or future expansion. The home features classic architectural details just waiting to be revived. With some TLC, this property could shine as a primary residence, rental, or flip. Whether you’re looking to build equity or create something truly special, this home offers endless possibilities. Bring your ideas, your tools, and your imagination—this is a chance to create value and make it your own. Sold as-is. The up & growing city of Detroit. With its close proximity to downtown and other popular locations along the Detroit River, this is the ideal place to enjoy the city while still having access to many of the conveniences of the suburbs. Don't miss out on this amazing opportunity to own a comfortable and modern home in Detroit!

  7. 2026-01-22
    listed $35,000 Active 1201-char remark
    Show marketing remark (1225 chars)

    Invest in Your Future with This Classic Fixer-Upper! Opportunity knocks with this diamond in the rough—perfect for investors, renovators, or buyers ready to bring new life to a home full of character. This 3-bedroom, 1-bath property offers a solid layout and the chance to restore its original charm. Inside, you’ll find wood flooring, generously sized rooms, and an unfinished upper level ready for your vision—ideal for added living space, storage, or future expansion. The home features classic architectural details just waiting to be revived. With some TLC, this property could shine as a primary residence, rental, or flip. Whether you’re looking to build equity or create something truly special, this home offers endless possibilities. Bring your ideas, your tools, and your imagination—this is a chance to create value and make it your own. Sold as-is. The up & growing city of Detroit. With its close proximity to downtown and other popular locations along the Detroit River, this is the ideal place to enjoy the city while still having access to many of the conveniences of the suburbs. Don't miss out on this amazing opportunity to own a comfortable and modern home in Detroit!

  8. 2026-01-22
    listed $35,000 Active 1225-char remark
    Show marketing remark (1225 chars)

    Invest in Your Future with This Classic Fixer-Upper! Opportunity knocks with this diamond in the rough—perfect for investors, renovators, or buyers ready to bring new life to a home full of character. This 3-bedroom, 1-bath property offers a solid layout and the chance to restore its original charm. Inside, you’ll find wood flooring, generously sized rooms, and an unfinished upper level ready for your vision—ideal for added living space, storage, or future expansion. The home features classic architectural details just waiting to be revived. With some TLC, this property could shine as a primary residence, rental, or flip. Whether you’re looking to build equity or create something truly special, this home offers endless possibilities. Bring your ideas, your tools, and your imagination—this is a chance to create value and make it your own. Sold as-is. The up & growing city of Detroit. With its close proximity to downtown and other popular locations along the Detroit River, this is the ideal place to enjoy the city while still having access to many of the conveniences of the suburbs. Don't miss out on this amazing opportunity to own a comfortable and modern home in Detroit!

ⓘ 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
$585 · $49/mo
Projected year-2 tax
$585 · $49/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 ≥96°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 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
$14,957
− Mortgage interest
−$1,400
− Property taxes
−$585
− Insurance
−$125
− Repairs & maintenance
−$1,197
− Management
−$1,197
− Depreciation
−$727
Taxable income
$9,726
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,334
After-tax cash flow
$7,199/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)
18,595
Household income
$33,544
Rent vs Own
59.0% rent · 41.0% own
Severe rent burden
1364.0

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 (79%)
Race & ethnicity
Black 79% White 16% Two or more races 4%
Common ancestry
Romanian 1% Iranian 1% Lithuanian 1%
Foreign-born
3% · Canada, Jamaica
Languages at home
98% English-only · Spanish 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
▼ -367.43%
Current HPI
102.0969
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

Price history

-28.6% since first listed
8 events — show timeline
  • 2026-04-29 Price Changed $25,000 MiRealSource-MiMLS
  • 2026-04-29 Price Changed $25,000 REALCOMP
  • 2026-04-23 Price Changed $29,900 MiRealSource-MiMLS
  • 2026-04-23 Price Changed $29,900 REALCOMP
  • 2026-03-17 Price Changed $34,500 MiRealSource-MiMLS
  • 2026-03-16 Price Changed $34,500 REALCOMP
  • 2026-01-22 Listed $35,000 REALCOMP
  • 2026-01-22 Listed $35,000 MiRealSource-MiMLS

Property tax history

-1.1%/yr

Latest (2025): $585 · -54.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…