1810 Lindbergh St · Wyandotte, MI 48192

$154,900

4 bd · 1.0 ba · 1,230 sqft · SingleFamily public records · 79 Days on market

Built 1929 3,049 sqft lot Est $228k · 32% under

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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 +23.0/30.0
• ARV discount +15.0/15.0
• DSCR +7.4/10.0
• 1% rule +5.5/10.0
• Rent growth +4.5/5.0
• Livability +4.4/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Endless potential for this rare 4 bedroom, 3 full bath home off Ford Ave. in Wyandotte Featuring Hardwood Floors, Large master bedroom, 2 car garage, full basement with a fireplace and partially finished, original wood banister and stairs, Fenced in yard, enclosed porch, 2 year old water heater, newer furnace and lots of character! If you're looking for a house to fix up just how you want it, you can make this your dream home! This is a great opportunity to get into a great community at a great price!

Key facts

• 3,049 sq ft lot
• 2 garage spots
• Built 1929

Property features AI

Exterior

• Parking: Detached 2-car garage; Detached parking
• Utilities: Public water; Natural gas connected; Cable connected
• Home design: Traditional style; Single family residence; Residential property; Built in 1929
• Construction: Vinyl siding; Shingle roof; Full basement
• Exterior features: Paved road access; Lot approximately 0.07 acres

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Oven; Range; Refrigerator; Eat-in kitchen; Pantry
• Bedrooms: Primary bedroom (20 x 12); Bedroom 2 (10 x 11); Bedroom 3 (8 x 8)
• Bathrooms: 3 full bathrooms; 1 half bathroom; Primary bathroom
• Heating & cooling: Forced air heating; Has heating; Has cooling
• Interior features: Eat-in kitchen; Pantry; Insulated windows; Fireplace; 12 total rooms
• Laundry & utility: Washer; Dryer; Natural gas water heater

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $275 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $146k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 4.9% in Wyandotte — 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 88/100 on livability (#11 in MI, #181 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment C-.
• Wyandotte School District (suburban): math 27% / reading 45% proficiency, ranked #262 of 540 in MI (top 48%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+7.9%/yr); 121 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 + 7.9% rent growth), your $43k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 79 days — a 6% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 21y ago 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: built in 1929 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $145,606 (6.0% below list)

Questions for the listing agent

1. It's been on market 79 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1929 — 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. 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.
7. 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.
8. 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: 1.05% ✓
• Cap rate: 8.42%
• Cash-on-cash: 7.61%
• DSCR: 1.34
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $227,550
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1757 4th St	0.23mi	3/1.0 (-1)	1,240 (+1%)	9mo	$190,000	$153	75
1766 Cora St	0.16mi	3/1.5 (-1)	1,200 (-2%)	10mo	$225,000	$188	73
618 Walnut St	0.39mi	3/1.0 (-1)	1,238 (+1%)	5mo	$167,500	$135	72
2032 3rd St	0.33mi	3/2.0 (-1)	1,204 (-2%)	8mo	$205,000	$170	66
1846 7th St	0.06mi	3/1.5 (-1)	1,076 (-12%)	11mo	$205,000	$191	60
420 Spruce St	0.26mi	3/1.0 (-1)	1,089 (-12%)	10mo	$205,000	$188	55
2624 10th St	0.66mi	3/1.0 (-1)	1,164 (-5%)	1mo	$145,000	$125	55
1529 8th St	0.21mi	3/1.0 (-1)	1,410 (+15%)	8mo	$190,000	$135	54
2398 12th St	0.61mi	3/2.0 (-1)	1,184 (-4%)	9mo	$220,000	$186	49
893 Cora St	0.64mi	3/1.0 (-1)	1,358 (+10%)	4mo	$210,000	$155	44
1429 12th St	0.47mi	3/2.0 (-1)	1,048 (-15%)	0mo	$194,000	$185	44
1072 11th St	0.60mi	3/1.5 (-1)	1,062 (-14%)	1mo	$218,000	$205	42

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 · 7.86% rent growth · sell at horizon

5-year hold

• IRR: 0.4%
• Equity multiple: 1.02×
• Total profit: $778
• Equity at exit: $23,096

10-year hold

• IRR: 14.4%
• Equity multiple: 2.41×
• Total profit: $61,207
• Equity at exit: $13,393

Cash invested: $43,372 (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.

Methodology + full state rankings →

ZIP-level market 48192

• Rents YoY: 7.9%
• Active inventory: 121
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,633 high
• Mortgage (P&I): −$812
• Tax from tax record: −$139 /mo · $1,663/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$343
• Net cashflow: $275

Break-even live

Break-even rent $1,285

Max offer price $154,900

Occupancy floor 78%

Sensitivity live

Price	-10% $363	-5% $319	+0% $275	+5% $231	+10% $187
Rent	-10% $146	-5% $210	+0% $275	+5% $339	+10% $404
Rate	-1.0pp $353	-0.5pp $314	base $275	+0.5pp $235	+1.0pp $194

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: $38,725
• Closing costs: $4,647
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1159 McKinley St Wyandotte, MI	3.0	1.0	1050	$1,350	$1.29	0d	1	0.54mi
1163 17th St Wyandotte, MI	3.0	1.0	1010	$1,695	$1.68	44d	1	0.74mi
1650 19th St Wyandotte, MI	3.0	2.0	1100	$1,899	$1.73	19d	1	0.81mi
854 Harrison Blvd Lincoln Park, MI	3.0	1.0	1410	$1,750	$1.24	44d	1	0.90mi
1130 21st St Wyandotte, MI	3.0	1.0	864	$1,420	$1.64	0d	1	0.98mi
170 Bondie St Wyandotte, MI	3.0	1.0	1080	$1,399	$1.30	3d	1	1.03mi
168 Bondie St Wyandotte, MI	3.0	1.0	1080	$1,295	$1.20	6d	1	1.03mi
1569 Sycamore St Wyandotte, MI	3.0	1.0	944	$1,695	$1.80	44d	1	1.19mi
667 Pine St Unit 1 Wyandotte, MI	3.0	1.0	1000	$1,500	$1.50	0d	1	1.21mi
357 Emmons Blvd Lincoln Park, MI	3.0	1.0	1268	$1,695	$1.34	0d	1	1.22mi
13020 Pullman St Southgate, MI	4.0	1.0	1050	$1,550	$1.48	3d	1	1.27mi

Listing history 31 events

1. 2026-06-21
   days on market $154,900 Active 79 DOM
2. 2026-06-18
   days on market $154,900 Active 76 DOM
3. 2026-06-17
   days on market $154,900 Active 75 DOM
4. 2026-06-16
   days on market $154,900 Active 74 DOM
5. 2026-06-15
   days on market $154,900 Active 73 DOM
6. 2026-06-13
   days on market $154,900 Active 71 DOM
7. 2026-06-13
   days on market $154,900 Active 70 DOM
8. 2026-06-09
   days on market $154,900 Active 67 DOM
9. 2026-06-08
   days on market $154,900 Active 66 DOM
10. 2026-06-07
    days on market $154,900 Active 65 DOM
11. 2026-06-04
    days on market $154,900 Active 62 DOM
12. 2026-06-03
    days on market $154,900 Active 61 DOM
13. 2026-06-02
    days on market $154,900 Active 60 DOM
14. 2026-06-01
    days on market $154,900 Active 59 DOM
15. 2026-05-31
    days on market $154,900 Active 58 DOM
16. 2026-04-03
    listed $154,900 Active 506-char remark

    Show marketing remark (506 chars)

    Endless potential for this rare 4 bedroom, 3 full bath home off Ford Ave. in Wyandotte Featuring Hardwood Floors, Large master bedroom, 2 car garage, full basement with a fireplace and partially finished, original wood banister and stairs, Fenced in yard, enclosed porch, 2 year old water heater, newer furnace and lots of character! If you're looking for a house to fix up just how you want it, you can make this your dream home! This is a great opportunity to get into a great community at a great price!

17. 2026-04-03
    listed $154,900 Active

    Show marketing remark (506 chars)

    Endless potential for this rare 4 bedroom, 3 full bath home off Ford Ave. in Wyandotte Featuring Hardwood Floors, Large master bedroom, 2 car garage, full basement with a fireplace and partially finished, original wood banister and stairs, Fenced in yard, enclosed porch, 2 year old water heater, newer furnace and lots of character! If you're looking for a house to fix up just how you want it, you can make this your dream home! This is a great opportunity to get into a great community at a great price!

18. 2026-04-03
    listed $154,900 Active 506-char remark

    Show marketing remark (506 chars)

    Endless potential for this rare 4 bedroom, 3 full bath home off Ford Ave. in Wyandotte Featuring Hardwood Floors, Large master bedroom, 2 car garage, full basement with a fireplace and partially finished, original wood banister and stairs, Fenced in yard, enclosed porch, 2 year old water heater, newer furnace and lots of character! If you're looking for a house to fix up just how you want it, you can make this your dream home! This is a great opportunity to get into a great community at a great price!

19. 2026-04-02
    historical $154,900 506-char remark

    Show marketing remark (506 chars)

    Endless potential for this rare 4 bedroom, 3 full bath home off Ford Ave. in Wyandotte Featuring Hardwood Floors, Large master bedroom, 2 car garage, full basement with a fireplace and partially finished, original wood banister and stairs, Fenced in yard, enclosed porch, 2 year old water heater, newer furnace and lots of character! If you're looking for a house to fix up just how you want it, you can make this your dream home! This is a great opportunity to get into a great community at a great price!

20. 2026-04-02
    historical $154,900

    Show marketing remark (506 chars)

    Endless potential for this rare 4 bedroom, 3 full bath home off Ford Ave. in Wyandotte Featuring Hardwood Floors, Large master bedroom, 2 car garage, full basement with a fireplace and partially finished, original wood banister and stairs, Fenced in yard, enclosed porch, 2 year old water heater, newer furnace and lots of character! If you're looking for a house to fix up just how you want it, you can make this your dream home! This is a great opportunity to get into a great community at a great price!

21. 2006-06-29
    soldstatus $143,617
22. 2006-06-29
    soldstatus $143,617
23. 2006-06-09
    historical
24. 2006-03-24
    historical
25. 2006-01-27
    listed $144,899
26. 2006-01-27
    listed $144,899
27. 2006-01-23
    listed $149,900
28. 2006-01-23
    listed $149,900
29. 2006-01-20
    historical
30. 2005-10-20
    listed $149,900
31. 2005-10-20
    listed $149,900

ⓘ 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: $1,663 · $139/mo
• Projected year-2 tax: $2,024 · $169/mo
• Expected delta: +$361/yr (+$30/mo · 21.7%)

ⓘ 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 3/10 Moderate
• 🌡 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 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,600
• − Mortgage interest: −$8,677
• − Property taxes: −$1,663
• − Insurance: −$774
• − Repairs & maintenance: −$1,568
• − Management: −$1,568
• − Depreciation: −$4,506
• Taxable income: $844
• Est. tax owed @ 24.0%: −$202
• After-tax cash flow: $3,096/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: Wyandotte School District
• NCES district ID: 2636540
• Math proficiency: 27% ▼ -6.00%
• Reading proficiency: 45% ▼ -1.00%
• Median HH income: $50,265
• Composite: 31.13/100
• National rank: #6060
• State rank: #262 of 540 in MI

Livability — Wyandotte

• Score: 88/100
• State rank: #11
• US rank: #181

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime B+ Employment C- Housing A+ Health & safety B- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wyandotte, MI
• County: Wayne County · 1,562,939 people
• City population: 24,489
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 24,489
• Household income: $71,987
• Rent vs Own: 26.3% rent · 73.7% own
• Severe rent burden: 570.0

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 White (84%)
• Race & ethnicity: White 84% Hispanic / Latino 8% Two or more races 8% Black 2%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Romanian 19% Lithuanian 4% Slovak 2%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 2% Other Indo-European 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: ▼ -228.97%
• Current HPI: 174.8428
• Rent YoY: ▲ 7.86%
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+3.3% since first listed

16 events — show timeline

• 2026-04-03 Listed $154,900 REALCOMP
• 2026-04-03 Listed $154,900 SW Michigan MLS
• 2026-04-03 Listed $154,900 MiRealSource-MiMLS
• 2026-04-02 Coming Soon $154,900 MiRealSource-MiMLS
• 2026-04-02 Coming Soon $154,900 SW Michigan MLS
• 2006-06-29 Sold (MLS) $143,617 REALCOMP
• 2006-06-29 Sold (MLS) $143,617 MiRealSource-MiMLS
• 2006-06-09 Listing Removed — MiRealSource-MiMLS
• 2006-03-24 Listing Removed — MiRealSource-MiMLS
• 2006-01-27 Listed $144,899 REALCOMP
• 2006-01-27 Listed $144,899 MiRealSource-MiMLS
• 2006-01-23 Listed $149,900 REALCOMP
• 2006-01-23 Listed $149,900 MiRealSource-MiMLS
• 2006-01-20 Listing Removed — MiRealSource-MiMLS
• 2005-10-20 Listed $149,900 REALCOMP
• 2005-10-20 Listed $149,900 MiRealSource-MiMLS

Property tax history

+0.6%/yr

Latest (2025): $1,663 · -15.4% YoY. Source: county tax records.