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9116 Patton St
B- Composite 68.69
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 +9.3/15.0
  • 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

$64,900

9116 Patton St · Detroit, MI 48228
3 bd · 1.0 ba · 1,029 sqft · SingleFamily public records · 6 Days on market
Built 1951 5,663 sqft lot $63/sqft · at area comps Est $68k · at est.

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

Listing remarks MLS

This corner lot is located in Detroit's desirable Warrendale Parkside area near Dearborn/Dearborn Heights and sits in one of the West Side's most stable and consistently active investor pockets. This neighborhood is known for its strong concentration of solid brick bungalows, long-term homeowners, steady rental demand, and close proximity to major roads, shopping, restaurants, Rouge Park, and the Ford corridor. This home has good bones and only needs light TLC to unlock its full potential. Major updates are already handled with a 2023 roof and all major mechanicals in good working order, making this an ideal opportunity for either a quick cosmetic flip or a strong long-term rental hold. Properties in this area continue to attract both owner-occupants and investors because of the location, affordability, and classic Detroit bungalow appeal. Clean opportunities in Warrendale Parkside with solid fundamentals and minimal major repair exposure continue to move quickly. And unlike many of the other properties for sale in the area, this property is vacant and will be vacant at closing. There are no territorial tenants complicating things or preventing your entry or ability to do a peaceful and private walkthrough. Situations like this are very rare in this area, so don't miss out. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to a purchase agreement with the seller. Closing will be conducted via contract assignment. Seller to provide marketable title at closing. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including title insurance and closing fees. Sold AS IS - Buyer to verify all information listed

Key facts

  • 2023 roof
  • Corner lot
  • 5,663 sq ft lot

Tags

CORNER LOTWARRENDALE PARKSIDE AREA2023 ROOFCLOSE PROXIMITY TO MAJOR ROADS

Property features AI

Exterior

  • Parking: Detached 1-car garage
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; Two levels; Ground-level entry with steps; Brick exterior
  • Construction: Block foundation
  • Exterior features: Paved road access; Lot approximately 0.13 acres (40 x 127)

Interior

  • Bathrooms: 1 full bathroom
  • Heating & cooling: Forced air heating (natural gas); No central cooling
  • Interior features: Unfinished basement; Total of 5 rooms

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 $65k.

Deal economics

  • At list price, monthly cash flow is $505 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $65k).
  • Cap rate 15.6% 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: 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); 367 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% 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 44% of the median local income ($31k/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 $449 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 $18k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts since 29y 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.
  • Current owner paid $45k; 44% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $64,900

Questions for the listing agent

  1. Built in 1951 — 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
1.75%
Cap rate
15.63%
Cash-on-cash
33.33%
DSCR
2.48
GRM
4.8

CMA / ARV

ARV (median comp)
$67,623
List price
$64,900
Delta
-4.03%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
9116 Patton St 0.00mi 3/1.0 1,029 (0%) 1mo $45,000 $44 99
9328 Patton St 0.16mi 3/1.0 1,062 (+3%) 1mo $50,000 $47 86
8854 Stout St 0.21mi 3/1.0 989 (-4%) 2mo $66,250 $67 81
9012 Pierson St 0.16mi 3/1.0 910 (-12%) 0mo $60,000 $66 73
9534 Heyden St 0.35mi 3/1.0 960 (-7%) 3mo $100,000 $104 70
9072 Burt Rd 0.19mi 3/1.0 906 (-12%) 2mo $57,000 $63 70
8234 Patton St 0.57mi 3/1.0 1,010 (-2%) 2mo $60,000 $59 69
9221 Grandville Ave 0.60mi 3/1.0 971 (-6%) 2mo $135,000 $139 61
9977 Evergreen Ave 0.59mi 3/1.0 1,150 (+12%) 2mo $86,000 $75 51
11419 Braile St 0.71mi 2/1.0 (-1) 969 (-6%) 2mo $45,000 $46 51
8277 Stout St 0.54mi 3/1.0 879 (-15%) 0mo $45,000 $51 50
10006 Auburn St 0.70mi 3/1.0 1,150 (+12%) 1mo $63,000 $55 47

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
25.3%
Equity multiple
2.01×
Total profit
$18,294
Equity at exit
$9,677
10-year hold
IRR
31.2%
Equity multiple
3.44×
Total profit
$44,422
Equity at exit
$5,611

Cash invested: $18,172 (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
367
Price-to-rent
4.8×

Monthly cashflow live

Estimated rent
$1,133 high interval (Pro) →
Mortgage (P&I)
$340
Tax from tax record
$23 /mo · $272/yr
Insurance
$27
HOA
$0
Vacancy / Maint / Mgmt
$238
Net cashflow
$505

Break-even live

Break-even rent $494
Max offer price $64,900
Occupancy floor 50%

Sensitivity live

Price -10% $541 -5% $523 +0% $505 +5% $486 +10% $468
Rent -10% $415 -5% $460 +0% $505 +5% $549 +10% $594
Rate -1.0pp $537 -0.5pp $521 base $505 +0.5pp $488 +1.0pp $471

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
$16,225
Closing costs
$1,947
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 37 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
9059 Burt Rd Detroit, MI 3.0 1.0 980 $1,400 $1.43 45d 1 0.21mi
9404 Patton St Detroit, MI 2.0 1.0 1000 $900 $0.90 45d 1 0.23mi
9410 Patton St Detroit, MI 2.0 1.0 1000 $900 $0.90 45d 1 0.23mi
9401 Fielding St Detroit, MI 2.0 1.0 1000 $900 $0.90 45d 1 0.23mi
20547 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 45d 1 0.24mi
20545 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 45d 1 0.24mi
20541 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 45d 1 0.24mi
20619 W Chicago Detroit, MI 2.0 1.0 950 $1,200 $1.26 45d 1 0.24mi
20529 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 45d 1 0.24mi
20550 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 45d 1 0.26mi
20522 W Chicago Detroit, MI 2.0 1.0 1000 $950 $0.95 45d 1 0.26mi
20921 W Chicago Detroit, MI 2.0 1.0 1000 $950 $0.95 45d 1 0.32mi
20935 W Chicago Detroit, MI 2.0 1.0 1000 $900 $0.90 45d 1 0.34mi
20937 W Chicago Detroit, MI 2.0 1.0 1000 $950 $0.95 45d 1 0.34mi
9416 Trinity St Detroit, MI 2.0 1.0 1000 $950 $0.95 45d 1 0.34mi
20945 W Chicago Detroit, MI 2.0 1.0 1000 $950 $0.95 45d 1 0.34mi
19449 W Chicago St Detroit, MI 3.0 1.5 950 $1,500 $1.58 45d 1 0.56mi
19440 W Chicago St Detroit, MI 3.0 1.5 1200 $1,225 $1.02 23d 1 0.58mi
19440 W Chicago St Detroit, MI 3.0 1.5 1200 $1,225 $1.02 19d 1 0.58mi
8283 Vaughan St Detroit, MI 3.0 1.0 1058 $1,294 $1.22 6d 1 0.58mi
8270 Trinity St Detroit, MI 3.0 1.0 806 $1,528 $1.90 45d 1 0.60mi
19301 Joy Rd Apt 1 Detroit, MI 2.0 1.0 750 $1,100 $1.47 45d 1 0.66mi
20431 Tireman St Detroit, MI 3.0 1.0 1020 $1,350 $1.32 19d 1 0.76mi
11652 Fielding St Detroit, MI 3.0 1.0 1000 $1,386 $1.39 45d 1 0.81mi
7794 Vaughan St Detroit, MI 3.0 1.0 1000 $1,450 $1.45 18d 1 0.84mi
9090 Stahelin Ave Detroit, MI 2.0 1.0 787 $1,250 $1.59 45d 1 0.88mi
12084 Vaughan St Detroit, MI 3.0 1.0 1000 $1,200 $1.20 18d 1 1.02mi
7411 Stout St Detroit, MI 3.0 1.0 888 $1,428 $1.61 14d 1 1.04mi
18450 W Chicago Detroit, MI 1.0–2.0 1.0 687 $1,117 $1.62 0d 15 1.10mi
8850 Rosemont Ave Detroit, MI 3.0 1.0 933 $1,100 $1.18 19d 1 1.21mi
8451 Rosemont Ave Detroit, MI 3.0 1.0 867 $1,150 $1.33 45d 1 1.24mi
8254 W Parkway St Redford, MI 3.0 1.0 1220 $1,350 $1.11 14d 1 1.27mi
8262 Rosemont Ave Detroit, MI 3.0 1.0 836 $1,200 $1.44 6d 1 1.31mi
11704 Greenview Ave Detroit, MI 4.0 1.0 1046 $1,300 $1.24 25d 1 1.32mi
6874 Country Ln Dearborn Heights, MI 2.0 1.5 1400 $1,500 $1.07 45d 1 1.38mi
9108 Archdale St Detroit, MI 3.0 1.0 1000 $1,300 $1.30 6d 1 1.38mi
11741 Penrod St Detroit, MI 3.0 1.0 1124 $1,400 $1.25 18d 1 1.42mi

Listing history 8 events

  1. 2026-05-18
    status Pending 1793-char remark
    Show marketing remark (1793 chars)

    This corner lot is located in Detroit's desirable Warrendale Parkside area near Dearborn/Dearborn Heights and sits in one of the West Side's most stable and consistently active investor pockets. This neighborhood is known for its strong concentration of solid brick bungalows, long-term homeowners, steady rental demand, and close proximity to major roads, shopping, restaurants, Rouge Park, and the Ford corridor. This home has good bones and only needs light TLC to unlock its full potential. Major updates are already handled with a 2023 roof and all major mechanicals in good working order, making this an ideal opportunity for either a quick cosmetic flip or a strong long-term rental hold. Properties in this area continue to attract both owner-occupants and investors because of the location, affordability, and classic Detroit bungalow appeal. Clean opportunities in Warrendale Parkside with solid fundamentals and minimal major repair exposure continue to move quickly. And unlike many of the other properties for sale in the area, this property is vacant and will be vacant at closing. There are no territorial tenants complicating things or preventing your entry or ability to do a peaceful and private walkthrough. Situations like this are very rare in this area, so don't miss out. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to a purchase agreement with the seller. Closing will be conducted via contract assignment. Seller to provide marketable title at closing. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including title insurance and closing fees. Sold AS IS - Buyer to verify all information listed

  2. 2026-05-18
    status Pending 1811-char remark
    Show marketing remark (1793 chars)

    This corner lot is located in Detroit's desirable Warrendale Parkside area near Dearborn/Dearborn Heights and sits in one of the West Side's most stable and consistently active investor pockets. This neighborhood is known for its strong concentration of solid brick bungalows, long-term homeowners, steady rental demand, and close proximity to major roads, shopping, restaurants, Rouge Park, and the Ford corridor. This home has good bones and only needs light TLC to unlock its full potential. Major updates are already handled with a 2023 roof and all major mechanicals in good working order, making this an ideal opportunity for either a quick cosmetic flip or a strong long-term rental hold. Properties in this area continue to attract both owner-occupants and investors because of the location, affordability, and classic Detroit bungalow appeal. Clean opportunities in Warrendale Parkside with solid fundamentals and minimal major repair exposure continue to move quickly. And unlike many of the other properties for sale in the area, this property is vacant and will be vacant at closing. There are no territorial tenants complicating things or preventing your entry or ability to do a peaceful and private walkthrough. Situations like this are very rare in this area, so don't miss out. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to a purchase agreement with the seller. Closing will be conducted via contract assignment. Seller to provide marketable title at closing. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including title insurance and closing fees. Sold AS IS - Buyer to verify all information listed

  3. 2026-05-11
    listed $64,900 Active 1811-char remark
    Show marketing remark (1793 chars)

    This corner lot is located in Detroit's desirable Warrendale Parkside area near Dearborn/Dearborn Heights and sits in one of the West Side's most stable and consistently active investor pockets. This neighborhood is known for its strong concentration of solid brick bungalows, long-term homeowners, steady rental demand, and close proximity to major roads, shopping, restaurants, Rouge Park, and the Ford corridor. This home has good bones and only needs light TLC to unlock its full potential. Major updates are already handled with a 2023 roof and all major mechanicals in good working order, making this an ideal opportunity for either a quick cosmetic flip or a strong long-term rental hold. Properties in this area continue to attract both owner-occupants and investors because of the location, affordability, and classic Detroit bungalow appeal. Clean opportunities in Warrendale Parkside with solid fundamentals and minimal major repair exposure continue to move quickly. And unlike many of the other properties for sale in the area, this property is vacant and will be vacant at closing. There are no territorial tenants complicating things or preventing your entry or ability to do a peaceful and private walkthrough. Situations like this are very rare in this area, so don't miss out. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to a purchase agreement with the seller. Closing will be conducted via contract assignment. Seller to provide marketable title at closing. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including title insurance and closing fees. Sold AS IS - Buyer to verify all information listed

  4. 2026-05-11
    listed $64,900 Active 1793-char remark
    Show marketing remark (1793 chars)

    This corner lot is located in Detroit's desirable Warrendale Parkside area near Dearborn/Dearborn Heights and sits in one of the West Side's most stable and consistently active investor pockets. This neighborhood is known for its strong concentration of solid brick bungalows, long-term homeowners, steady rental demand, and close proximity to major roads, shopping, restaurants, Rouge Park, and the Ford corridor. This home has good bones and only needs light TLC to unlock its full potential. Major updates are already handled with a 2023 roof and all major mechanicals in good working order, making this an ideal opportunity for either a quick cosmetic flip or a strong long-term rental hold. Properties in this area continue to attract both owner-occupants and investors because of the location, affordability, and classic Detroit bungalow appeal. Clean opportunities in Warrendale Parkside with solid fundamentals and minimal major repair exposure continue to move quickly. And unlike many of the other properties for sale in the area, this property is vacant and will be vacant at closing. There are no territorial tenants complicating things or preventing your entry or ability to do a peaceful and private walkthrough. Situations like this are very rare in this area, so don't miss out. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to a purchase agreement with the seller. Closing will be conducted via contract assignment. Seller to provide marketable title at closing. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including title insurance and closing fees. Sold AS IS - Buyer to verify all information listed

  5. 1998-02-21
    soldstatus $65,000
  6. 1997-08-15
    soldstatus $58,000
  7. 1997-04-13
    listed $61,000
  8. 1991-09-25
    soldstatus $33,500

ⓘ 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
$272 · $23/mo
Projected year-2 tax
$636 · $53/mo
Expected delta
+$364/yr (+$30/mo · 133.9%)

ⓘ 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 ≥99°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
$13,592
− Mortgage interest
−$3,635
− Property taxes
−$272
− Insurance
−$324
− Repairs & maintenance
−$1,087
− Management
−$1,087
− Depreciation
−$1,888
Taxable income
$5,297
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,271
After-tax cash flow
$4,786/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

+34.3% since first listed
10 events — show timeline
  • 2026-05-26 Sold (MLS) $45,000 REALCOMP
  • 2026-05-26 Sold (MLS) $45,000 MiRealSource-MiMLS
  • 2026-05-18 Pending MiRealSource-MiMLS
  • 2026-05-18 Pending REALCOMP
  • 2026-05-11 Listed $64,900 REALCOMP
  • 2026-05-11 Listed $64,900 MiRealSource-MiMLS
  • 1998-02-21 Sold (MLS) $65,000 REALCOMP
  • 1997-08-15 Sold (Public Records) $58,000 Public Records
  • 1997-04-13 Listed $61,000 REALCOMP
  • 1991-09-25 Sold (Public Records) $33,500 Public Records

Property tax history

-14.1%/yr

Latest (2025): $272 · -74.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…