20569 Evergreen Rd · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
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 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Rent growth +4.5/5.0
- Livability +3.7/5.0
- Schools +2.5/10.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$85,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
CALLING ALL INVESTORS! Spacious 4-bedroom, 2.5-bath home located near the Southfield border - an excellent opportunity for a flip or renovation project. The property features a large living room, a generous eat-in kitchen, and a partially finished basement with two bonus rooms offering flexible use. A detached 2-car garage adds additional value. Conveniently situated near major freeways, shopping, and everyday amenities, this home is well-positioned for strong resale or rental potential. The property does need some work, but presents a great opportunity for the right buyer to add value. Property is being sold AS IS.
Key facts
- Two bonus rooms
- Large living room
- 4,356 sq ft lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.0-bath single-family listed at $85k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $330 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $85k).
- Recommended offer: $75k (12.0% below list) — sets the bar for market timing.
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: Emerson Elementarymiddle School (519 students, 90% FRL); Henry Ford High School (math 24% / reading 24%, grade F, #481 of 713 statewide, top 81%, 712 students, 86% FRL) — zoned schools at 88% FRL track the district average.
- Market conditions: Rents rising fast (+8.0%/yr); 334 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 108d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% 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 40% of the median local income ($44k/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 $588 of loan paydown is wiped out by about $3k 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 + 8.0% rent growth), your $24k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 200 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Watch-outs: property tax is 4.9% of price; built in 1953 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 200 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1953 — 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
- 1.73% ✓
- Cap rate
- 10.95%
- Cash-on-cash
- 16.63%
- DSCR
- 1.74
- GRM
- 4.8
CMA / ARV
- ARV (median comp)
- $154,425
- List price
- $85,000
- Delta
- -44.96%
- 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 |
|---|---|---|---|---|---|---|---|
| 20520 Vaughan St | 0.05mi | 3/2.0 (-1) | 1,022 (+4%) | 2mo | $199,900 | $196 | 79 |
| 20242 Braile St | 0.37mi | 3/1.0 (-1) | 1,015 (+4%) | 10mo | $115,000 | $113 | 63 |
| 20045 Braile St | 0.46mi | 3/1.5 (-1) | 865 (-12%) | 4mo | $87,000 | $101 | 49 |
| 20619 Midway Ave | 0.66mi | 3/1.0 (-1) | 950 (-3%) | 13mo | $113,500 | $119 | 49 |
| 20089 Trinity St | 0.60mi | 3/2.0 (-1) | 1,025 (+5%) | 9mo | $201,349 | $196 | 48 |
| 19811 Plainview Ave | 0.46mi | 4/2.0 | 1,082 (+10%) | 12mo | $121,000 | $112 | 47 |
| 20052 Avon Ave | 0.71mi | 3/1.0 (-1) | 1,052 (+8%) | 4mo | $100,000 | $95 | 46 |
| 20480 Mada Ave | 0.73mi | 3/1.0 (-1) | 896 (-8%) | 3mo | $153,000 | $171 | 44 |
| 19516 Pierson St | 0.70mi | 3/1.5 (-1) | 1,014 (+4%) | 13mo | $165,000 | $163 | 43 |
| 19749 Huntington Rd | 0.58mi | 3/1.5 (-1) | 1,093 (+12%) | 5mo | $169,999 | $156 | 42 |
| 20317 Bentler St | 0.75mi | 3/1.5 (-1) | 1,041 (+6%) | 11mo | $109,400 | $105 | 39 |
| 20450 Midway Ave | 0.66mi | 3/1.0 (-1) | 864 (-12%) | 9mo | $150,000 | $174 | 37 |
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 · 8.0% rent growth · sell at horizon
- IRR
- 14.8%
- Equity multiple
- 1.64×
- Total profit
- $15,158
- Equity at exit
- $12,674
- IRR
- 27.7%
- Equity multiple
- 4.20×
- Total profit
- $76,235
- Equity at exit
- $7,349
Cash invested: $23,800 (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
Active competition Active MLS
- For sale now
- 30 active · 18 under contract
- Months of supply
- 12.0 mo (8%/mo absorbed)
- Median asking
- $106,700 ($108/sqft)
- Median days on market
- 62 d
- This list price
- 37% of active listings are priced below it
- ARV vs active asking
- +45.5% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 48219
- Home prices YoY
- -10.3%
- Rents YoY
- 8.0%
- Active inventory
- 334
- Price-to-rent
- 4.8×
Monthly cashflow live
- Estimated rent
- $1,467 high interval (Pro) →
- Mortgage (P&I)
- −$446
- Tax from tax record
- −$348 /mo · $4,177/yr
- Insurance
- −$35
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$308
- Net cashflow
- $330
Break-even live
Sensitivity live
| Price | -10% $630 | -5% $601 | +0% $330 | +5% $306 | +10% $282 |
|---|---|---|---|---|---|
| Rent | -10% $214 | -5% $272 | +0% $330 | +5% $388 | +10% $446 |
| Rate | -1.0pp $373 | -0.5pp $351 | base $330 | +0.5pp $308 | +1.0pp $285 |
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
- $21,250
- Closing costs
- $2,550
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 20271 Grandville Ave Detroit, MI | 3.0 | 1.0 | 1010 | $1,550 | $1.53 | 164d | 1 | 0.35mi |
| 19920 Kentfield St Detroit, MI | 3.0 | 1.0 | 934 | $1,200 | $1.28 | 6d | 1 | 0.42mi |
| 20200 Burt Rd Detroit, MI | 3.0 | 1.5 | 1025 | $1,500 | $1.46 | 122d | 1 | 0.48mi |
| 19781 Fielding St Detroit, MI | 3.0 | 1.0 | 1000 | $1,276 | $1.28 | 134d | 1 | 0.53mi |
| 20051 Avon Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,375 | $1.38 | 53d | 1 | 0.69mi |
| 19460 Braile St Detroit, MI | 3.0 | 1.0 | 822 | $1,350 | $1.64 | 2d | 1 | 0.70mi |
| 20011 Avon Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 145d | 1 | 0.70mi |
| 20084 Greenview Ave Detroit, MI | 3.0 | 1.0 | 912 | $1,295 | $1.42 | 2d | 1 | 0.76mi |
| 20308 Chapel St Detroit, MI | 3.0 | 1.0 | 1074 | $1,300 | $1.21 | 3d | 1 | 0.77mi |
| 19767 Blackstone St Detroit, MI | 3.0 | 1.0 | 1100 | $1,300 | $1.18 | 10d | 1 | 0.77mi |
| 19767 Blackstone St Detroit, MI | 3.0 | 1.0 | 1100 | $1,300 | $1.18 | 15d | 1 | 0.77mi |
| 19745 Blackstone St Detroit, MI | 3.0 | 1.0 | 972 | $1,300 | $1.34 | 10d | 1 | 0.79mi |
| 19350 Huntington Rd Detroit, MI | 3.0 | 1.0 | 1042 | $1,300 | $1.25 | 119d | 1 | 0.79mi |
| 19350 Huntington Rd Detroit, MI | 3.0 | 1.0 | 1042 | $1,300 | $1.25 | 134d | 1 | 0.79mi |
| 20230 Faust Ave Detroit, MI | 3.0 | 1.0 | 1085 | $1,350 | $1.24 | 129d | 1 | 0.80mi |
| 20230 Faust Ave Detroit, MI | 3.0 | 1.0 | 1085 | $1,350 | $1.24 | 107d | 1 | 0.80mi |
| 20511 Glastonbury Rd Detroit, MI | 3.0 | 1.0 | 999 | $1,100 | $1.10 | 10d | 1 | 0.82mi |
| 19762 Avon Ave Detroit, MI | 3.0 | 1.5 | 1100 | $1,300 | $1.18 | 23d | 1 | 0.83mi |
| 19762 Avon Ave Detroit, MI | 3.0 | 1.5 | 1100 | $1,300 | $1.18 | 25d | 1 | 0.83mi |
| 20261 Glastonbury Rd Detroit, MI | 3.0 | 1.5 | 999 | $1,500 | $1.50 | 115d | 1 | 0.83mi |
| 21422 Pembroke Ave Detroit, MI | 3.0 | 1.5 | 1000 | $1,695 | $1.70 | 157d | 1 | 0.85mi |
| 19455 Avon Ave Detroit, MI | 3.0 | 1.0 | 1023 | $1,350 | $1.32 | 3d | 1 | 0.89mi |
| 19455 Avon Ave Detroit, MI | 3.0 | 1.0 | 1023 | $1,500 | $1.47 | 10d | 1 | 0.89mi |
| 19445 Avon Ave Detroit, MI | 3.0 | 1.0 | 1023 | $1,550 | $1.52 | 184d | 1 | 0.90mi |
| 19308 Warwick St Detroit, MI | 3.0 | 1.0 | 1100 | $1,550 | $1.41 | 38d | 1 | 0.92mi |
| 19176 Grandville Ave Detroit, MI | 3.0 | 1.0 | 941 | $1,300 | $1.38 | 145d | 1 | 0.93mi |
| 21549 Pembroke Ave Detroit, MI | 3.0 | 2.0 | 1100 | $1,250 | $1.14 | 10d | 1 | 0.94mi |
| 19152 Grandville Ave Detroit, MI | 3.0 | 1.0 | 997 | $1,500 | $1.50 | 115d | 1 | 0.95mi |
| 19329 Stahelin Ave Unit 1 Detroit, MI | 3.0 | 1.5 | 833 | $1,250 | $1.50 | 184d | 1 | 0.95mi |
| 19035 Fielding St Detroit, MI | 3.0 | 1.0 | 879 | $1,250 | $1.42 | 63d | 1 | 1.00mi |
| 19425 Faust Ave Detroit, MI | 3.0 | 1.0 | 1050 | $1,350 | $1.29 | 1d | 1 | 1.01mi |
| 19970 Ashton Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,000 | $1.00 | 184d | 1 | 1.02mi |
| 19417 Glastonbury Rd Detroit, MI | 3.0 | 1.0 | 702 | $1,400 | $1.99 | 10d | 1 | 1.06mi |
| 20043 Fenmore St Detroit, MI | 3.0 | 1.0 | 1030 | $1,423 | $1.38 | 139d | 1 | 1.12mi |
| 19922 Southfield Fwy Detroit, MI | 3.0 | 1.0 | 1100 | $1,400 | $1.27 | 10d | 1 | 1.12mi |
| 19918 Southfield Fwy Detroit, MI | 3.0 | 1.0 | 915 | $1,375 | $1.50 | 155d | 1 | 1.13mi |
| 18556 Kentfield St Detroit, MI | 3.0 | 1.0 | 952 | $1,200 | $1.26 | 28d | 1 | 1.13mi |
| 19928 Houghton St Detroit, MI | 3.0 | 1.0 | 880 | $1,495 | $1.70 | 151d | 1 | 1.14mi |
| 19779 Cooley St Detroit, MI | 3.0 | 1.0 | 1009 | $1,350 | $1.34 | 109d | 1 | 1.15mi |
| 18659 Shaftsbury Ave Detroit, MI | 3.0 | 1.0 | 763 | $1,323 | $1.73 | 139d | 1 | 1.16mi |
Property features AI
Exterior
- Parking
- Detached 2-car garage
- Utilities
- Public waterPublic sewer
- Home design
- Single family residenceOne and one half storiesGround-level entry with stepsBrick construction
- Construction
- Block foundation
- Exterior features
- Fenced back yardPaved road access
Interior
- Bathrooms
- 2 full bathrooms1 half bathroom
- Heating & cooling
- Forced air heating (natural gas)No central air
- Interior features
- Unfinished basement6 total rooms
Listing history 50 events
-
2026-11-08days on market $85,000 Active 200 DOM
-
2026-11-07days on market $85,000 Active 199 DOM
-
2026-11-06days on market $85,000 Active 198 DOM
-
2026-11-05days on market $85,000 Active 197 DOM
-
2026-11-04days on market $85,000 Active 196 DOM
-
2026-11-02days on market $85,000 Active 194 DOM
-
2026-11-01days on market $85,000 Active 193 DOM
-
2026-10-31days on market $85,000 Active 192 DOM
-
2026-10-30days on market $85,000 Active 191 DOM
-
2026-10-29days on market $85,000 Active 190 DOM
-
2026-10-28days on market $85,000 Active 189 DOM
-
2026-10-27days on market $85,000 Active 188 DOM
-
2026-10-26days on market $85,000 Active 187 DOM
-
2026-10-25days on market $85,000 Active 186 DOM
-
2026-10-24days on market $85,000 Active 185 DOM
-
2026-10-23days on market $85,000 Active 184 DOM
-
2026-10-22days on market $85,000 Active 183 DOM
-
2026-10-21days on market $85,000 Active 182 DOM
-
2026-10-20days on market $85,000 Active 181 DOM
-
2026-10-19days on market $85,000 Active 180 DOM
-
2026-10-18days on market $85,000 Active 179 DOM
-
2026-10-17days on market $85,000 Active 178 DOM
-
2026-10-16days on market $85,000 Active 177 DOM
-
2026-10-15days on market $85,000 Active 176 DOM
-
2026-10-14days on market $85,000 Active 175 DOM
-
2026-10-13days on market $85,000 Active 174 DOM
-
2026-10-12days on market $85,000 Active 173 DOM
-
2026-10-11days on market $85,000 Active 172 DOM
-
2026-10-10days on market $85,000 Active 171 DOM
-
2026-10-09days on market $85,000 Active 170 DOM
-
2026-10-08days on market $85,000 Active 169 DOM
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2026-10-07days on market $85,000 Active 168 DOM
-
2026-10-06days on market $85,000 Active 167 DOM
-
2026-10-05days on market $85,000 Active 166 DOM
-
2026-10-04days on market $85,000 Active 165 DOM
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2026-10-04days on market $85,000 Active 164 DOM
-
2026-10-02days on market $85,000 Active 163 DOM
-
2026-10-01days on market $85,000 Active 162 DOM
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2026-09-30days on market $85,000 Active 161 DOM
-
2026-09-29days on market $85,000 Active 160 DOM
-
2026-09-28days on market $85,000 Active 159 DOM
-
2026-09-27days on market $85,000 Active 158 DOM
-
2026-09-25days on market $85,000 Active 156 DOM
-
2026-09-24days on market $85,000 Active 155 DOM
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2026-09-23days on market $85,000 Active 154 DOM
-
2026-09-22days on market $85,000 Active 153 DOM
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2026-09-21days on market $85,000 Active 152 DOM
-
2026-09-20days on market $85,000 Active 151 DOM
-
2026-09-19days on market $85,000 Active 150 DOM
-
2026-09-18days on market $85,000 Active 149 DOM
ⓘ 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
- $4,177 · $348/mo
- Projected year-2 tax
- $4,177 · $348/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 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
- $17,607
- − Mortgage interest
- −$4,761
- − Property taxes
- −$4,177
- − Insurance
- −$425
- − Repairs & maintenance
- −$1,409
- − Management
- −$1,409
- − Depreciation
- −$2,473
- Taxable income
- $2,953
- Est. tax owed @ 24.0%
- −$709
- After-tax cash flow
- $3,249/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.
Condition & rehab AI · 3 photos
This single-family home requires significant repairs and updates, including a new roof, exterior repairs, and landscaping. While it presents a great opportunity for investors, substantial work is needed to bring it up to market standards.
Repairs flagged
- Major roof — Significant wear and potential leaks.
- Major exterior siding — Severe wear and discoloration.
- Major foundation — Uneven and potentially structurally compromised.
- Major HVAC/mechanicals — No visible systems, but overall condition suggests they need updating.
- Major landscaping — Overgrown and unkempt, detracting from curb appeal.
Value-add opportunities
- Resale roof replacement — A new roof would significantly improve the home's appearance and reduce potential maintenance costs. ↑
- Resale exterior siding repair — A fresh coat of paint and repair of the siding would enhance the home's curb appeal. ↑
- Both landscaping — A well-maintained lawn and landscaping would improve both the resale and rental value. ↑
- Both HVAC system upgrade — An updated HVAC system would improve comfort and energy efficiency, benefiting both resale and rental potential. ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 · 1,675,273 people
- City population
- 572,865
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 47,208
- Household income
- $43,655
- Rent vs Own
- Severe rent burden
- 16% of renters
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 (88%)
- Race & ethnicity
- Black 88% White 5% Two or more races 4% Hispanic / Latino 1%
- Languages at home
- 96% English-only · Spanish 1% 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
- ▼ -65.06%
- Current HPI
- 563.3263
- Rent YoY
- ▲ 8.04%
- 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 |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
+165.6% since first listed12 events — show timeline
- 2026-06-04 Price Changed $85,000 MiRealSource-MiMLS
- 2026-06-04 Price Changed $85,000 REALCOMP
- 2026-04-22 Listed $89,000 REALCOMP
- 2026-04-22 Listed $89,000 MiRealSource-MiMLS
- 2026-02-07 Listing Removed — REALCOMP
- 2026-02-07 Listing Removed — MiRealSource-MiMLS
- 2025-06-16 Listed $119,000 REALCOMP
- 2025-06-16 Listed $119,000 MiRealSource-MiMLS
- 2021-12-16 Sold (Public Records) $84,900 Public Records
- 2019-02-05 Sold (Public Records) $70,000 Public Records
- 1998-01-06 Sold (Public Records) $27,000 Public Records
- 1998-01-06 Sold (Public Records) $32,000 Public Records
Property tax history
+7.3%/yrLatest (2025): $4,177 · +0.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…