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11696 Glastonbury Ave
B- Composite 66.88
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
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Rent growth +1.9/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$62,000

11696 Glastonbury Ave · Detroit, MI 48228
2 bd · 1.0 ba · 750 sqft · SingleFamily public records · 3 Days on market
Built 1944 4,356 sqft lot $83/sqft · 53% above area ↓ 3% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Discover this beautifully updated 2-bedroom, 1-bath home in the desirable 48228 zip code, nestled in a friendly, family-oriented neighborhood. Ideal for first-time homebuyers or savvy investors, . The spacious layout offers plenty of room for comfortable living or rental potential, making it a fantastic opportunity for generating strong rental income. Located just minutes from schools, parks, and local amenities, this home combines convenience with charm in a vibrant Detroit community. Don't miss out on this affordable, high-potential property - schedule a showing today!

Key facts

  • 48228 zip code
  • Vibrant community
  • Minutes from parks

Tags

48228 ZIP CODESTRONG RENTAL INCOMEMINUTES FROM SCHOOLSMINUTES FROM PARKSLOCAL AMENITIESVIBRANT COMMUNITY

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 2-bed/1.0-bath single-family listed at $62k.

Deal economics

  • At list price, monthly cash flow is $449 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $62k).
  • Cap rate 15.0% vs local median 10.2% in Detroit — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
  • Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents soft (-2.3%/yr); 363 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% 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).
  • At $1,160/mo this rent would consume 45% of the median local household income ($31k/yr) (locally 4144% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $429 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 + 0.0% rent growth), your $17k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
  • 4 sale attempts; this cycle's ask has dropped $17k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1944 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $62,000

Questions for the listing agent

  1. Built in 1944 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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?
  5. 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.
  6. 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.
  7. 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
1.87%
Cap rate
14.99%
Cash-on-cash
31.06%
DSCR
2.38
GRM
4.5

CMA / ARV

ARV (median comp)
$40,629
List price
$62,000
Delta
52.60%
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
11697 Stahelin Ave 0.09mi 2/1.0 774 (+3%) 15mo $16,000 $21 78
11738 Greenview Ave 0.07mi 2/1.0 692 (-8%) 12mo $43,000 $62 74
11355 Artesian St 0.26mi 2/1.5 744 (-1%) 15mo $20,000 $27 72
12876 Faust Ave 0.66mi 2/1.0 760 (+1%) 2mo $44,999 $59 65
11720 Minock St 0.44mi 3/1.5 (+1) 771 (+3%) 5mo $95,000 $123 64
12900 Faust Ave 0.69mi 2/1.0 735 (-2%) 6mo $18,500 $25 60
9617 Stahelin Ave 0.49mi 2/1.5 760 (+1%) 16mo $60,000 $79 60
9950 Memorial St 0.72mi 3/1.0 (+1) 746 (-0%) 7mo $5,500 $7 54
11329 Minock St 0.52mi 3/1.0 (+1) 816 (+9%) 4mo $50,000 $61 53
9962 Evergreen Ave 0.72mi 3/1.0 (+1) 762 (+2%) 16mo $52,000 $68 45
12203 Grandmont Ave 0.75mi 3/1.5 (+1) 861 (+15%) 1mo $95,000 $110 33
11414 Abington Ave 0.70mi 3/1.0 (+1) 849 (+13%) 10mo $100,000 $118 32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
22.3%
Equity multiple
1.88×
Total profit
$15,217
Equity at exit
$9,244
10-year hold
IRR
28.2%
Equity multiple
3.14×
Total profit
$37,137
Equity at exit
$5,361

Cash invested: $17,360 (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 48228

Rents YoY
-2.3%
Active inventory
363
Price-to-rent
4.5×

Monthly cashflow live

Estimated rent
$1,160 high interval (Pro) →
Mortgage (P&I)
$325
Tax from tax record
$116 /mo · $1,391/yr
Insurance
$26
HOA
$0
Vacancy / Maint / Mgmt
$244
Net cashflow
$449

Break-even live

Break-even rent $591
Max offer price $62,000
Occupancy floor 56%

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
$15,500
Closing costs
$1,860
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
11741 Penrod St Detroit, MI 3.0 1.0 1124 $1,400 $1.25 16d 1 0.17mi
18450 W Chicago Detroit, MI 1.0–2.0 1.0 687 $1,117 $1.62 1d 15 0.63mi
12875 Faust Ave Detroit, MI 2.0 1.0 735 $1,200 $1.63 5d 1 0.63mi
12084 Vaughan St Detroit, MI 3.0 1.0 1000 $1,200 $1.20 16d 1 0.69mi
12950 Glastonbury Ave Detroit, MI 3.0 1.0 1000 $1,400 $1.40 24d 1 0.69mi
12611 Memorial St Unit 629203 Detroit, MI 1.0 1.0 635 $995 $1.57 24d 1 0.70mi
12611 Memorial St Unit 629104 Detroit, MI 1.0 1.0 700 $995 $1.42 43d 1 0.70mi
12941 Penrod St Detroit, MI 2.0 1.0 1000 $1,275 $1.27 43d 1 0.70mi
13514 Stahelin Ave Detroit, MI 3.0 1.0 1000 $1,400 $1.40 18d 1 0.73mi
12944 Rosemont Ave Detroit, MI 2.0 1.0 800 $1,050 $1.31 5d 1 0.73mi
19050 W Davison St Detroit, MI 3.0 1.0 1118 $1,400 $1.25 43d 1 0.74mi
19449 W Chicago St Detroit, MI 3.0 1.5 950 $1,500 $1.58 43d 1 0.77mi
13591 Faust Ave Detroit, MI 2.0 1.0 1000 $1,275 $1.27 43d 1 0.80mi
12711 Grandmont Ave Detroit, MI 3.0 1.0 1000 $1,400 $1.40 18d 1 0.87mi
11652 Fielding St Detroit, MI 3.0 1.0 1000 $1,386 $1.39 43d 1 0.87mi
13600 Southfield Fwy Detroit, MI 2.0 1.0 848 $1,100 $1.30 5d 1 0.89mi
9090 Stahelin Ave Detroit, MI 2.0 1.0 787 $1,250 $1.59 43d 1 0.91mi
12840 Grandmont Ave Detroit, MI 3.0 1.0 1100 $1,200 $1.09 43d 1 0.95mi
9108 Archdale St Detroit, MI 3.0 1.0 1000 $1,300 $1.30 5d 1 0.99mi
13500 Heyden St Detroit, MI 2.0 1.0 850 $1,200 $1.41 43d 1 1.02mi
20237 W Chicago Detroit, MI 1.0 1.0 650 $850 $1.31 43d 1 1.02mi
8850 Rosemont Ave Detroit, MI 3.0 1.0 933 $1,100 $1.18 18d 1 1.09mi
20522 W Chicago Detroit, MI 2.0 1.0 1000 $950 $0.95 43d 1 1.10mi
20550 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 43d 1 1.11mi
20529 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 43d 1 1.11mi
9401 Fielding St Detroit, MI 2.0 1.0 1000 $900 $0.90 43d 1 1.12mi
20541 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 43d 1 1.12mi
20545 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 43d 1 1.13mi
20547 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 43d 1 1.13mi
9410 Patton St Detroit, MI 2.0 1.0 1000 $900 $0.90 43d 1 1.13mi
9404 Patton St Detroit, MI 2.0 1.0 1000 $900 $0.90 43d 1 1.14mi
18401 Joy Rd Unit 8 Detroit, MI 1.0 1.0 600 $875 $1.46 43d 1 1.15mi
20619 W Chicago Detroit, MI 2.0 1.0 950 $1,200 $1.26 43d 1 1.16mi
19301 Joy Rd Apt 1 Detroit, MI 2.0 1.0 750 $1,100 $1.47 43d 1 1.19mi
12121 Montrose St Detroit, MI 3.0 1.0 874 $1,373 $1.57 22d 1 1.22mi
9345 Rutherford St Unit 3 Detroit, MI 2.0 1.0 850 $1,050 $1.24 24d 1 1.27mi
14347 Westwood St Detroit, MI 2.0 1.0 706 $1,200 $1.70 24d 1 1.31mi
9936 Montrose St Detroit, MI 3.0 1.0 963 $1,200 $1.25 16d 1 1.31mi
14258 Plainview Ave Detroit, MI 3.0 1.0 918 $1,200 $1.31 43d 1 1.31mi
8451 Rosemont Ave Detroit, MI 3.0 1.0 867 $1,150 $1.33 43d 1 1.33mi

Listing history 21 events

  1. 2026-06-18
    days on market $62,000 Active 3 DOM
  2. 2026-06-17
    days on market $62,000 Active 2 DOM
  3. 2026-06-16
    statusdays on marketlisting id $62,000 Active 1 DOM
  4. 2026-06-07
    statusdays on market $62,000 Pending 367 DOM
  5. 2026-06-04
    days on market $62,000 Active 366 DOM
  6. 2026-06-03
    days on market $62,000 Active 365 DOM
  7. 2026-06-01
    days on market $62,000 Active 363 DOM
  8. 2026-05-31
    days on market $62,000 Active 362 DOM
  9. 2026-04-21
    price $62,000 577-char remark
    Show marketing remark (588 chars)

    Discover this beautifully updated 2-bedroom, 1-bath home in the desirable 48228 zip code, nestled in a friendly, family-oriented neighborhood. Ideal for first-time homebuyers or savvy investors, . The spacious layout offers plenty of room for comfortable living or rental potential, making it a fantastic opportunity for generating strong rental income. Located just minutes from schools, parks, and local amenities, this home combines convenience with charm in a vibrant Detroit community. Don’t miss out on this affordable, high-potential property—schedule a showing today!

  10. 2026-04-21
    price $62,000 588-char remark
    Show marketing remark (588 chars)

    Discover this beautifully updated 2-bedroom, 1-bath home in the desirable 48228 zip code, nestled in a friendly, family-oriented neighborhood. Ideal for first-time homebuyers or savvy investors, . The spacious layout offers plenty of room for comfortable living or rental potential, making it a fantastic opportunity for generating strong rental income. Located just minutes from schools, parks, and local amenities, this home combines convenience with charm in a vibrant Detroit community. Don’t miss out on this affordable, high-potential property—schedule a showing today!

  11. 2026-03-24
    status Active 577-char remark
    Show marketing remark (588 chars)

    Discover this beautifully updated 2-bedroom, 1-bath home in the desirable 48228 zip code, nestled in a friendly, family-oriented neighborhood. Ideal for first-time homebuyers or savvy investors, . The spacious layout offers plenty of room for comfortable living or rental potential, making it a fantastic opportunity for generating strong rental income. Located just minutes from schools, parks, and local amenities, this home combines convenience with charm in a vibrant Detroit community. Don’t miss out on this affordable, high-potential property—schedule a showing today!

  12. 2026-03-24
    status Active 588-char remark
    Show marketing remark (588 chars)

    Discover this beautifully updated 2-bedroom, 1-bath home in the desirable 48228 zip code, nestled in a friendly, family-oriented neighborhood. Ideal for first-time homebuyers or savvy investors, . The spacious layout offers plenty of room for comfortable living or rental potential, making it a fantastic opportunity for generating strong rental income. Located just minutes from schools, parks, and local amenities, this home combines convenience with charm in a vibrant Detroit community. Don’t miss out on this affordable, high-potential property—schedule a showing today!

  13. 2026-03-03
    status Pending 577-char remark
    Show marketing remark (588 chars)

    Discover this beautifully updated 2-bedroom, 1-bath home in the desirable 48228 zip code, nestled in a friendly, family-oriented neighborhood. Ideal for first-time homebuyers or savvy investors, . The spacious layout offers plenty of room for comfortable living or rental potential, making it a fantastic opportunity for generating strong rental income. Located just minutes from schools, parks, and local amenities, this home combines convenience with charm in a vibrant Detroit community. Don’t miss out on this affordable, high-potential property—schedule a showing today!

  14. 2026-03-03
    status Pending 588-char remark
    Show marketing remark (588 chars)

    Discover this beautifully updated 2-bedroom, 1-bath home in the desirable 48228 zip code, nestled in a friendly, family-oriented neighborhood. Ideal for first-time homebuyers or savvy investors, . The spacious layout offers plenty of room for comfortable living or rental potential, making it a fantastic opportunity for generating strong rental income. Located just minutes from schools, parks, and local amenities, this home combines convenience with charm in a vibrant Detroit community. Don’t miss out on this affordable, high-potential property—schedule a showing today!

  15. 2026-01-24
    price $65,000 577-char remark
    Show marketing remark (577 chars)

    Discover this beautifully updated 2-bedroom, 1-bath home in the desirable 48228 zip code, nestled in a friendly, family-oriented neighborhood. Ideal for first-time homebuyers or savvy investors, . The spacious layout offers plenty of room for comfortable living or rental potential, making it a fantastic opportunity for generating strong rental income. Located just minutes from schools, parks, and local amenities, this home combines convenience with charm in a vibrant Detroit community. Don't miss out on this affordable, high-potential property - schedule a showing today!

  16. 2026-01-23
    price $65,000 588-char remark
    Show marketing remark (588 chars)

    Discover this beautifully updated 2-bedroom, 1-bath home in the desirable 48228 zip code, nestled in a friendly, family-oriented neighborhood. Ideal for first-time homebuyers or savvy investors, . The spacious layout offers plenty of room for comfortable living or rental potential, making it a fantastic opportunity for generating strong rental income. Located just minutes from schools, parks, and local amenities, this home combines convenience with charm in a vibrant Detroit community. Don’t miss out on this affordable, high-potential property—schedule a showing today!

  17. 2025-10-31
    price $70,000 577-char remark
    Show marketing remark (588 chars)

    Discover this beautifully updated 2-bedroom, 1-bath home in the desirable 48228 zip code, nestled in a friendly, family-oriented neighborhood. Ideal for first-time homebuyers or savvy investors, . The spacious layout offers plenty of room for comfortable living or rental potential, making it a fantastic opportunity for generating strong rental income. Located just minutes from schools, parks, and local amenities, this home combines convenience with charm in a vibrant Detroit community. Don’t miss out on this affordable, high-potential property—schedule a showing today!

  18. 2025-10-31
    price $70,000 588-char remark
    Show marketing remark (588 chars)

    Discover this beautifully updated 2-bedroom, 1-bath home in the desirable 48228 zip code, nestled in a friendly, family-oriented neighborhood. Ideal for first-time homebuyers or savvy investors, . The spacious layout offers plenty of room for comfortable living or rental potential, making it a fantastic opportunity for generating strong rental income. Located just minutes from schools, parks, and local amenities, this home combines convenience with charm in a vibrant Detroit community. Don’t miss out on this affordable, high-potential property—schedule a showing today!

  19. 2025-05-13
    listed $79,000 Active 588-char remark
    Show marketing remark (577 chars)

    Discover this beautifully updated 2-bedroom, 1-bath home in the desirable 48228 zip code, nestled in a friendly, family-oriented neighborhood. Ideal for first-time homebuyers or savvy investors, . The spacious layout offers plenty of room for comfortable living or rental potential, making it a fantastic opportunity for generating strong rental income. Located just minutes from schools, parks, and local amenities, this home combines convenience with charm in a vibrant Detroit community. Don't miss out on this affordable, high-potential property - schedule a showing today!

  20. 2025-05-13
    listed $79,000 Active 577-char remark
    Show marketing remark (577 chars)

    Discover this beautifully updated 2-bedroom, 1-bath home in the desirable 48228 zip code, nestled in a friendly, family-oriented neighborhood. Ideal for first-time homebuyers or savvy investors, . The spacious layout offers plenty of room for comfortable living or rental potential, making it a fantastic opportunity for generating strong rental income. Located just minutes from schools, parks, and local amenities, this home combines convenience with charm in a vibrant Detroit community. Don't miss out on this affordable, high-potential property - schedule a showing today!

  21. 2019-08-08
    soldstatus $63,900

ⓘ 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
$1,391 · $116/mo
Projected year-2 tax
$1,391 · $116/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 ≥98°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

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Taxation est. · year 1

Rental income
$13,918
− Mortgage interest
−$3,473
− Property taxes
−$1,391
− Insurance
−$310
− Repairs & maintenance
−$1,113
− Management
−$1,113
− Depreciation
−$1,804
Taxable income
$4,714
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,131
After-tax cash flow
$4,261/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)
50,117
Household income
$30,680
Rent vs Own
50.7% rent · 49.3% own
Severe rent burden
4144.0

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 (71%)
Race & ethnicity
Black 71% White 16% Two or more races 7% Hispanic / Latino 6%
Hispanic origin (detail)
Mexican 3% Puerto Rican 2%
Common ancestry
Arab 2% Romanian 2% Lithuanian 1%
Foreign-born
11% · Canada
Languages at home
82% English-only · Arabic 11% Spanish 5%

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
▼ -160.81%
Current HPI
168.6843
Rent YoY
▼ -2.30%
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

-3.0% since first listed
13 events — show timeline
  • 2026-04-21 Price Changed $62,000 MiRealSource-MiMLS
  • 2026-04-21 Price Changed $62,000 REALCOMP
  • 2026-03-24 Relisted MiRealSource-MiMLS
  • 2026-03-24 Relisted REALCOMP
  • 2026-03-03 Pending MiRealSource-MiMLS
  • 2026-03-03 Pending REALCOMP
  • 2026-01-24 Price Changed $65,000 MiRealSource-MiMLS
  • 2026-01-23 Price Changed $65,000 REALCOMP
  • 2025-10-31 Price Changed $70,000 MiRealSource-MiMLS
  • 2025-10-31 Price Changed $70,000 REALCOMP
  • 2025-05-13 Listed $79,000 REALCOMP
  • 2025-05-13 Listed $79,000 MiRealSource-MiMLS
  • 2019-08-08 Sold (Public Records) $63,900 Public Records

Property tax history

+2.1%/yr

Latest (2025): $1,391 · -9.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…