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14537 Washburn St
D Composite 43.99
Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +15.0/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Rent growth +4.0/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$19,900

14537 Washburn St · Detroit, MI 48238
3 bd · 1.0 ba · 1,020 sqft · SingleFamily public records · 27 Days on market
Built 1925 3,485 sqft lot $20/sqft · 62% below area

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This Detroit bungalow is a prime opportunity for recovation and value-add potential. Featuring 3 bedrooms and 2 full baths, this property offers a solid foundation for a fix-and-flip or long-term rental. With strong bones and a classic layout, it's ready for your vision and upgrades. Located in an up-and-coming neighborhood with increasing demand, this is the perfect project for savvy investors. Don't miss out on this affordable chance to create equity! The accuracy of all information, regardless of the source, is not guarenteed or warranted. All information should be independently verified.

Key facts

  • Solid foundation
  • Classic layout
  • 3,485 sq ft lot

Tags

SOLID FOUNDATIONCLASSIC LAYOUT

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 $20k.

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 $20k).
  • Recommended offer: $20k (1.5% below list) — sets the bar for market timing.
  • Cap rate 54.1% 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 rising fast (+6.1%/yr); 346 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • This rent runs 44% of the median local income ($33k/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 $138 of loan paydown is wiped out by about $597 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 + 6.1% rent growth), your $6k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 27 days — a 2% lower offer ($20k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts since 24y ago; this cycle's ask has dropped $5k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: property tax is 4.1% of price; built in 1925 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $19,601 (1.5% below list)

Questions for the listing agent

  1. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
6.19%
Cap rate
54.15%
Cash-on-cash
170.91%
DSCR
8.60
GRM
1.3

CMA / ARV

ARV (median comp)
$51,821
List price
$19,900
Delta
-59.67%
Verdict
UNDERPRICED
Comps
12 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
8539 Desoto St 0.44mi 3/1.0 988 (-3%) 3mo $31,529 $32 72
14249 Cloverlawn St 0.49mi 3/1.0 1,035 (+2%) 5mo $69,000 $67 71
14929 Birwood St 0.32mi 3/2.0 999 (-2%) 13mo $65,000 $65 67
8731 Chalfonte St 0.35mi 3/1.0 1,089 (+7%) 10mo $24,000 $22 64
14892 Ilene St 0.24mi 3/1.0 1,100 (+8%) 14mo $77,000 $70 64
8598 Ellsworth St 0.47mi 4/1.0 (+1) 1,006 (-1%) 8mo $20,000 $20 64
14677 Cloverlawn Ave 0.44mi 3/1.5 900 (-12%) 1mo $20,000 $22 57
14628 Ohio St 0.30mi 4/1.5 (+1) 1,129 (+11%) 9mo $50,000 $44 53
15061 Pinehurst St 0.46mi 2/1.0 (-1) 970 (-5%) 15mo $85,000 $88 53
14014 Washburn St 0.39mi 2/1.0 (-1) 876 (-14%) 3mo $17,000 $19 51
13558 Pinehurst St 0.66mi 4/1.0 (+1) 1,099 (+8%) 2mo $135,000 $123 50
14871 NE Cheyenne St NW 0.75mi 3/1.0 878 (-14%) 13mo $69,000 $79 31

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 · 6.14% rent growth · sell at horizon

5-year hold
IRR
Equity multiple
10.22×
Total profit
$51,382
Equity at exit
$2,967
10-year hold
IRR
Equity multiple
23.90×
Total profit
$127,589
Equity at exit
$1,721

Cash invested: $5,572 (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.

ZIP-level market 48238

Home prices YoY
-14.4%
Rents YoY
6.1%
Active inventory
346
Price-to-rent
1.3×

Monthly cashflow live

Estimated rent
$1,232 high interval (Pro) →
Mortgage (P&I)
$104
Tax from tax record
$67 /mo · $809/yr
Insurance
$8
HOA
$0
Vacancy / Maint / Mgmt
$259
Net cashflow
$794

Break-even live

Break-even rent $228
Max offer price $19,900
Occupancy floor 31%

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
$4,975
Closing costs
$597
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
14881 Mendota St Detroit, MI 3.0 1.0 1026 $1,100 $1.07 24d 1 0.30mi
Ohio St Unit 4 Detroit, MI 4.0 1.5 1400 $750 $0.54 43d 1 0.30mi
14570 Cherrylawn St Detroit, MI 3.0 1.0 840 $1,250 $1.49 12d 1 0.36mi
14242 Ohio St Detroit, MI 4.0 1.0 1400 $1,000 $0.71 43d 1 0.39mi
14550 Northlawn St Detroit, MI 3.0 2.0 950 $1,200 $1.26 16d 1 0.41mi
13965 Mendota St Detroit, MI 3.0 1.0 1222 $1,294 $1.06 17d 1 0.50mi
14656 Roselawn St Detroit, MI 3.0 1.0 1000 $1,200 $1.20 17d 1 0.52mi
13979 Cherrylawn St Detroit, MI 3.0 1.0 1296 $1,334 $1.03 20d 1 0.55mi
13620 Kentucky St Detroit, MI 3.0 1.0 1248 $1,200 $0.96 4d 1 0.58mi
14011 Roselawn St Detroit, MI 4.0 1.5 1300 $1,450 $1.12 17d 1 0.64mi
14011 Roselawn St Detroit, MI 4.0 1.5 1300 $1,450 $1.12 1d 1 0.64mi
15512 Mendota St Apt 2 Detroit, MI 2.0 1.0 1000 $1,200 $1.20 43d 1 0.71mi
15512 Mendota St Detroit, MI 2.0 1.0 931 $1,200 $1.29 4d 1 0.71mi
15708 Birwood St Detroit, MI 3.0 1.0 1255 $1,100 $0.88 4d 1 0.72mi
15388 Appoline St #203 Detroit, MI 2.0 1.0 900 $850 $0.94 43d 1 0.72mi
14847 Cheyenne St Detroit, MI 3.0 2.0 849 $1,150 $1.35 17d 1 0.72mi
15765 Washburn St Detroit, MI 2.0 1.0 1093 $950 $0.87 43d 1 0.76mi
15457 Cloverlawn St Detroit, MI 3.0 2.0 1500 $1,275 $0.85 24d 1 0.77mi
15777 Wisconsin St Unit 77 Detroit, MI 2.0 1.0 900 $950 $1.06 4d 1 0.82mi
15760 Monte Vista St Detroit, MI 2.0 1.0 1080 $1,250 $1.16 43d 1 0.82mi
15088 Littlefield St Detroit, MI 2.0 1.0 1294 $1,275 $0.99 21d 1 0.83mi
15839 Kentucky St Detroit, MI 2.0 1.0 800 $1,200 $1.50 17d 1 0.87mi
14891 Hartwell St Detroit, MI 3.0 1.0 1000 $1,150 $1.15 43d 1 0.90mi
15878 Kentucky St Detroit, MI 2.0 1.0 800 $900 $1.12 43d 1 0.91mi
15738 Sorrento Ave Detroit, MI 3.0 1.0 762 $1,175 $1.54 43d 1 0.93mi
13620 Tuller St Detroit, MI 4.0 1.0 1064 $1,374 $1.29 12d 1 0.93mi
2926 Ewald Cir Detroit, MI 2.0 1.0 800 $900 $1.12 17d 1 0.97mi
15340 Hartwell St Detroit, MI 2.0 1.0 900 $1,300 $1.44 16d 1 0.98mi
15771 Turner St Detroit, MI 2.0 1.0 1000 $1,049 $1.05 43d 1 1.00mi
14903 Tracey St Detroit, MI 3.0 1.0 1004 $1,100 $1.10 16d 1 1.01mi
2690 Ewald Cir Detroit, MI 1.0–2.0 1.0 750 $900 $1.20 24d 4 1.01mi
12703 Northlawn St Detroit, MI 2.0 1.0 1365 $1,053 $0.77 20d 1 1.02mi
16183 Wisconsin St Detroit, MI 3.0 1.5 1370 $1,400 $1.02 43d 1 1.05mi
16230 Indiana St Unit 2 Detroit, MI 2.0 1.0 1050 $1,200 $1.14 17d 1 1.09mi
12468 Mendota St Detroit, MI 2.0 1.0 1100 $1,000 $0.91 24d 1 1.11mi
12468 Mendota St Detroit, MI 2.0 1.0 1100 $1,100 $1.00 43d 1 1.11mi
7350 Globe St Detroit, MI 3.0 1.0 1000 $1,550 $1.55 3d 1 1.12mi
14284 Cruse St Detroit, MI 3.0 1.0 1121 $1,150 $1.03 16d 1 1.14mi
15387 Lesure St Detroit, MI 3.0 1.0 1064 $1,350 $1.27 12d 1 1.17mi
16204 Steel St Detroit, MI 3.0 1.0 969 $1,150 $1.19 43d 1 1.18mi

Listing history 45 events

  1. 2026-06-18
    days on market $19,900 Active 27 DOM
  2. 2026-06-17
    days on market $19,900 Active 26 DOM
  3. 2026-06-15
    days on market $19,900 Active 24 DOM
  4. 2026-06-13
    days on market $19,900 Active 22 DOM
  5. 2026-06-13
    pricedays on market $19,900 Active 21 DOM
  6. 2026-06-09
    days on market $20,400 Active 18 DOM
  7. 2026-06-08
    days on market $20,400 Active 17 DOM
  8. 2026-06-07
    days on market $20,400 Active 16 DOM
  9. 2026-06-04
    days on market $20,400 Active 13 DOM
  10. 2026-06-03
    days on market $20,400 Active 12 DOM
  11. 2026-06-02
    days on market $20,400 Active 11 DOM
  12. 2026-06-01
    days on market $20,400 Active 10 DOM
  13. 2026-05-31
    days on market $20,400 Active 9 DOM
  14. 2026-05-13
    price $20,400 598-char remark
    Show marketing remark (598 chars)

    This Detroit bungalow is a prime opportunity for recovation and value-add potential. Featuring 3 bedrooms and 2 full baths, this property offers a solid foundation for a fix-and-flip or long-term rental. With strong bones and a classic layout, it's ready for your vision and upgrades. Located in an up-and-coming neighborhood with increasing demand, this is the perfect project for savvy investors. Don't miss out on this affordable chance to create equity! The accuracy of all information, regardless of the source, is not guarenteed or warranted. All information should be independently verified.

  15. 2026-05-13
    price $20,400 598-char remark
    Show marketing remark (598 chars)

    This Detroit bungalow is a prime opportunity for recovation and value-add potential. Featuring 3 bedrooms and 2 full baths, this property offers a solid foundation for a fix-and-flip or long-term rental. With strong bones and a classic layout, it's ready for your vision and upgrades. Located in an up-and-coming neighborhood with increasing demand, this is the perfect project for savvy investors. Don't miss out on this affordable chance to create equity! The accuracy of all information, regardless of the source, is not guarenteed or warranted. All information should be independently verified.

  16. 2026-03-21
    price $20,900 598-char remark
    Show marketing remark (598 chars)

    This Detroit bungalow is a prime opportunity for recovation and value-add potential. Featuring 3 bedrooms and 2 full baths, this property offers a solid foundation for a fix-and-flip or long-term rental. With strong bones and a classic layout, it's ready for your vision and upgrades. Located in an up-and-coming neighborhood with increasing demand, this is the perfect project for savvy investors. Don't miss out on this affordable chance to create equity! The accuracy of all information, regardless of the source, is not guarenteed or warranted. All information should be independently verified.

  17. 2026-03-21
    price $20,900 598-char remark
    Show marketing remark (598 chars)

    This Detroit bungalow is a prime opportunity for recovation and value-add potential. Featuring 3 bedrooms and 2 full baths, this property offers a solid foundation for a fix-and-flip or long-term rental. With strong bones and a classic layout, it's ready for your vision and upgrades. Located in an up-and-coming neighborhood with increasing demand, this is the perfect project for savvy investors. Don't miss out on this affordable chance to create equity! The accuracy of all information, regardless of the source, is not guarenteed or warranted. All information should be independently verified.

  18. 2026-02-22
    price $21,900 598-char remark
    Show marketing remark (598 chars)

    This Detroit bungalow is a prime opportunity for recovation and value-add potential. Featuring 3 bedrooms and 2 full baths, this property offers a solid foundation for a fix-and-flip or long-term rental. With strong bones and a classic layout, it's ready for your vision and upgrades. Located in an up-and-coming neighborhood with increasing demand, this is the perfect project for savvy investors. Don't miss out on this affordable chance to create equity! The accuracy of all information, regardless of the source, is not guarenteed or warranted. All information should be independently verified.

  19. 2026-02-21
    price $21,900 598-char remark
    Show marketing remark (598 chars)

    This Detroit bungalow is a prime opportunity for recovation and value-add potential. Featuring 3 bedrooms and 2 full baths, this property offers a solid foundation for a fix-and-flip or long-term rental. With strong bones and a classic layout, it's ready for your vision and upgrades. Located in an up-and-coming neighborhood with increasing demand, this is the perfect project for savvy investors. Don't miss out on this affordable chance to create equity! The accuracy of all information, regardless of the source, is not guarenteed or warranted. All information should be independently verified.

  20. 2026-01-16
    price $22,500 598-char remark
    Show marketing remark (598 chars)

    This Detroit bungalow is a prime opportunity for recovation and value-add potential. Featuring 3 bedrooms and 2 full baths, this property offers a solid foundation for a fix-and-flip or long-term rental. With strong bones and a classic layout, it's ready for your vision and upgrades. Located in an up-and-coming neighborhood with increasing demand, this is the perfect project for savvy investors. Don't miss out on this affordable chance to create equity! The accuracy of all information, regardless of the source, is not guarenteed or warranted. All information should be independently verified.

  21. 2026-01-15
    price $22,500 598-char remark
    Show marketing remark (598 chars)

    This Detroit bungalow is a prime opportunity for recovation and value-add potential. Featuring 3 bedrooms and 2 full baths, this property offers a solid foundation for a fix-and-flip or long-term rental. With strong bones and a classic layout, it's ready for your vision and upgrades. Located in an up-and-coming neighborhood with increasing demand, this is the perfect project for savvy investors. Don't miss out on this affordable chance to create equity! The accuracy of all information, regardless of the source, is not guarenteed or warranted. All information should be independently verified.

  22. 2025-12-14
    price $22,900 598-char remark
    Show marketing remark (598 chars)

    This Detroit bungalow is a prime opportunity for recovation and value-add potential. Featuring 3 bedrooms and 2 full baths, this property offers a solid foundation for a fix-and-flip or long-term rental. With strong bones and a classic layout, it's ready for your vision and upgrades. Located in an up-and-coming neighborhood with increasing demand, this is the perfect project for savvy investors. Don't miss out on this affordable chance to create equity! The accuracy of all information, regardless of the source, is not guarenteed or warranted. All information should be independently verified.

  23. 2025-12-13
    price $22,900 598-char remark
    Show marketing remark (598 chars)

    This Detroit bungalow is a prime opportunity for recovation and value-add potential. Featuring 3 bedrooms and 2 full baths, this property offers a solid foundation for a fix-and-flip or long-term rental. With strong bones and a classic layout, it's ready for your vision and upgrades. Located in an up-and-coming neighborhood with increasing demand, this is the perfect project for savvy investors. Don't miss out on this affordable chance to create equity! The accuracy of all information, regardless of the source, is not guarenteed or warranted. All information should be independently verified.

  24. 2025-11-21
    listed $24,500 Active 598-char remark
    Show marketing remark (598 chars)

    This Detroit bungalow is a prime opportunity for recovation and value-add potential. Featuring 3 bedrooms and 2 full baths, this property offers a solid foundation for a fix-and-flip or long-term rental. With strong bones and a classic layout, it's ready for your vision and upgrades. Located in an up-and-coming neighborhood with increasing demand, this is the perfect project for savvy investors. Don't miss out on this affordable chance to create equity! The accuracy of all information, regardless of the source, is not guarenteed or warranted. All information should be independently verified.

  25. 2025-11-21
    listed $24,500 Active 598-char remark
    Show marketing remark (598 chars)

    This Detroit bungalow is a prime opportunity for recovation and value-add potential. Featuring 3 bedrooms and 2 full baths, this property offers a solid foundation for a fix-and-flip or long-term rental. With strong bones and a classic layout, it's ready for your vision and upgrades. Located in an up-and-coming neighborhood with increasing demand, this is the perfect project for savvy investors. Don't miss out on this affordable chance to create equity! The accuracy of all information, regardless of the source, is not guarenteed or warranted. All information should be independently verified.

  26. 2025-11-14
    historical
  27. 2025-11-14
    historical
  28. 2025-10-11
    price $24,500
  29. 2025-10-10
    price $24,500
  30. 2025-05-28
    listed $26,500 Active
  31. 2025-05-28
    listed $26,500 Active
  32. 2024-08-23
    historical
  33. 2024-08-23
    historical
  34. 2024-07-18
    price $28,900
  35. 2024-07-17
    price $28,900
  36. 2024-05-28
    listed $29,900 Active
  37. 2024-05-28
    listed $29,900 Active
  38. 2003-06-24
    historical
  39. 2003-04-18
    historical
  40. 2003-04-16
    listed $49,900
  41. 2003-03-31
    listed $54,500
  42. 2003-03-31
    historical
  43. 2003-03-31
    historical
  44. 2003-03-31
    listed $59,900
  45. 2002-12-24
    listed $59,900

ⓘ 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
$809 · $67/mo
Projected year-2 tax
$809 · $67/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 6/10 Major FEMA zone X (unshaded) · 68% 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 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
$14,790
− Mortgage interest
−$1,115
− Property taxes
−$809
− Insurance
−$100
− Repairs & maintenance
−$1,183
− Management
−$1,183
− Depreciation
−$579
Taxable income
$9,821
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,357
After-tax cash flow
$7,166/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)
24,731
Household income
$33,315
Rent vs Own
53.0% rent · 47.0% own
Severe rent burden
2172.0

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 (94%)
Race & ethnicity
Black 94% Two or more races 3% White 1%
Foreign-born
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
▼ -31.96%
Current HPI
189.6227
Rent YoY
▲ 6.14%
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

-65.9% since first listed
32 events — show timeline
  • 2026-05-13 Price Changed $20,400 MiRealSource-MiMLS
  • 2026-05-13 Price Changed $20,400 REALCOMP
  • 2026-03-21 Price Changed $20,900 MiRealSource-MiMLS
  • 2026-03-21 Price Changed $20,900 REALCOMP
  • 2026-02-22 Price Changed $21,900 MiRealSource-MiMLS
  • 2026-02-21 Price Changed $21,900 REALCOMP
  • 2026-01-16 Price Changed $22,500 MiRealSource-MiMLS
  • 2026-01-15 Price Changed $22,500 REALCOMP
  • 2025-12-14 Price Changed $22,900 MiRealSource-MiMLS
  • 2025-12-13 Price Changed $22,900 REALCOMP
  • 2025-11-21 Listed $24,500 REALCOMP
  • 2025-11-21 Listed $24,500 MiRealSource-MiMLS
  • 2025-11-14 Listing Removed MiRealSource-MiMLS
  • 2025-11-14 Listing Removed REALCOMP
  • 2025-10-11 Price Changed $24,500 MiRealSource-MiMLS
  • 2025-10-10 Price Changed $24,500 REALCOMP
  • 2025-05-28 Listed $26,500 MiRealSource-MiMLS
  • 2025-05-28 Listed $26,500 REALCOMP
  • 2024-08-23 Listing Removed MiRealSource-MiMLS
  • 2024-08-23 Listing Removed REALCOMP
  • 2024-07-18 Price Changed $28,900 MiRealSource-MiMLS
  • 2024-07-17 Price Changed $28,900 REALCOMP
  • 2024-05-28 Listed $29,900 MiRealSource-MiMLS
  • 2024-05-28 Listed $29,900 REALCOMP
  • 2003-06-24 Listing Removed REALCOMP
  • 2003-04-18 Listing Removed REALCOMP
  • 2003-04-16 Listed $49,900 REALCOMP
  • 2003-03-31 Listed $59,900 REALCOMP
  • 2003-03-31 Listing Removed REALCOMP
  • 2003-03-31 Listing Removed REALCOMP
  • 2003-03-31 Listed $54,500 REALCOMP
  • 2002-12-24 Listed $59,900 REALCOMP

Property tax history

-1.3%/yr

Latest (2025): $809 · -53.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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