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14965 Corbett Ave
C+ Composite 64.61
Why this score? — see what drove the C+ 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
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • 1% rule +7.2/10.0
  • Livability +3.7/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$109,900

14965 Corbett Ave · Detroit, MI 48213
3 bd · 1.0 ba · 1,158 sqft · SingleFamily public records · 42 Days on market
Built 1951 5,663 sqft lot

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

Listing remarks MLS

Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

Key facts

  • 5,663 sq ft lot
  • Built 1951
  • Listed 42 days

Property features AI

Exterior

  • Utilities: Public water
  • Home design: Single-family residence; Residential property; Built in 1951; One-story (living area 1,158)
  • Construction: Vinyl siding
  • Exterior features: Lot about 0.13 acres; Public water

Interior

  • Bathrooms: 1 full bathroom
  • Heating & cooling: Forced air heating
  • Interior features: Fireplace; 3 total 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 $110k.

Deal economics

  • At list price, monthly cash flow is $411 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $110k).
  • Recommended offer: $107k (3.0% 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: 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: 190 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d 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).
  • At $1,335/mo this rent would consume 47% of the median local household income ($34k/yr) (locally 1202% 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 $760 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 + 3.0% rent growth), your $31k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 42 days — a 3% lower offer ($107k) is reasonable based on typical stale-listing flexibility.
  • 6 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.
  • Current owner paid $80k; 37% 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 $106,603 (3.0% below list)

Questions for the listing agent

  1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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. 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
1.22%
Cap rate
10.78%
Cash-on-cash
16.03%
DSCR
1.71
GRM
6.9

CMA / ARV

ARV (on-the-fly)
$64,848
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
9500 Lakepointe St 0.37mi 3/1.0 1,130 (-2%) 0mo $125,000 $111 78
13136 Maiden St 0.44mi 4/1.0 (+1) 1,144 (-1%) 1mo $10,000 $9 72
13334 Elmdale St 0.39mi 3/1.0 1,221 (+5%) 3mo $89,254 $73 70
13113 Camden St 0.48mi 3/1.0 1,224 (+6%) 2mo $88,000 $72 66
9768 Manistique St 0.20mi 3/1.0 986 (-15%) 0mo $35,000 $35 66
10441 Roxbury St 0.65mi 3/1.5 1,127 (-3%) 3mo $59,000 $52 61
10904 N Mogul St 0.52mi 3/1.0 1,045 (-10%) 0mo $113,000 $108 59
14728 Wilfred St 0.70mi 3/1.0 1,050 (-9%) 3mo $30,500 $29 50
9817 Somerset Ave 0.66mi 3/1.0 1,290 (+11%) 2mo $30,000 $23 48
10185 Beaconsfield St 0.66mi 3/1.0 1,300 (+12%) 2mo $73,000 $56 47
10696 Stratman St 0.55mi 3/1.5 1,000 (-14%) 3mo $53,000 $53 47
5777 Lakepointe St 0.62mi 4/2.5 (+1) 1,075 (-7%) 2mo $174,999 $163 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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
6.9%
Equity multiple
1.27×
Total profit
$8,325
Equity at exit
$16,386
10-year hold
IRR
16.2%
Equity multiple
2.32×
Total profit
$40,758
Equity at exit
$9,502

Cash invested: $30,772 (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 48213

Active inventory
190
Price-to-rent
6.9×

Monthly cashflow live

Estimated rent
$1,335 high interval (Pro) →
Mortgage (P&I)
$576
Tax from tax record
$22 /mo · $260/yr
Insurance
$46
HOA
$0
Vacancy / Maint / Mgmt
$280
Net cashflow
$411

Break-even live

Break-even rent $815
Max offer price $109,900
Occupancy floor 64%

Sensitivity live

Price -10% $473 -5% $442 +0% $411 +5% $380 +10% $349
Rent -10% $306 -5% $358 +0% $411 +5% $464 +10% $517
Rate -1.0pp $466 -0.5pp $439 base $411 +0.5pp $383 +1.0pp $354

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
$27,475
Closing costs
$3,297
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
9190 Hayes St Unit 1 Detroit, MI 2.0 1.0 750 $850 $1.13 15d 1 0.21mi
9755 Wayburn St Detroit, MI 3.0 2.0 1498 $1,400 $0.93 4d 1 0.28mi
9516 Wayburn St Detroit, MI 2.0 1.0 800 $950 $1.19 18d 1 0.29mi
9168 Wayburn St Detroit, MI 3.0 1.0 1274 $1,300 $1.02 21d 1 0.32mi
9400 Lakepointe St Detroit, MI 3.0 1.0 1300 $1,150 $0.88 5d 1 0.37mi
13400 Longview St Detroit, MI 3.0 1.5 1000 $1,400 $1.40 44d 1 0.37mi
10141 Roxbury St Detroit, MI 3.0 1.0 1115 $1,000 $0.90 44d 1 0.44mi
10724 Whitehill St Detroit, MI 3.0 3.0 1425 $1,550 $1.09 18d 1 0.45mi
13137 Elmdale St Detroit, MI 3.0 1.0 1115 $1,400 $1.26 24d 1 0.47mi
10644 Stratman St Detroit, MI 2.0 1.0 1000 $1,200 $1.20 18d 1 0.48mi
10813 Whitehill St Detroit, MI 3.0 1.0 1392 $1,350 $0.97 18d 1 0.50mi
9927 Beaconsfield St Detroit, MI 3.0 1.0 942 $1,375 $1.46 15d 1 0.51mi
5966 Eastlawn St Unit NA Detroit, MI 3.0 1.5 1366 $1,500 $1.10 24d 1 0.57mi
9984 Beaconsfield St Detroit, MI 3.0 1.0 1222 $1,575 $1.29 44d 1 0.57mi
9747 Somerset Ave Detroit, MI 2.0 1.0 797 $1,100 $1.38 44d 1 0.60mi
11018 Whitehill St Detroit, MI 3.0 1.0 1146 $1,450 $1.27 11d 1 0.62mi
9409 Balfour Rd Detroit, MI 3.0 1.0 1195 $1,200 $1.00 44d 1 0.63mi
5747 Lakepointe St Detroit, MI 3.0 1.5 1316 $1,473 $1.12 44d 1 0.65mi
5751 Nottingham Rd Unit 5/21/26 Detroit, MI 3.0 1.0 1100 $1,250 $1.14 15d 1 0.72mi
15857 Evanston St Detroit, MI 3.0 1.5 1232 $1,250 $1.01 5d 1 0.76mi
12840 Kilbourne St Detroit, MI 3.0 1.0 1136 $1,350 $1.19 18d 1 0.83mi
15000 Mayfield St Detroit, MI 3.0 1.0 1146 $970 $0.85 18d 1 0.85mi
10803 Roxbury St Detroit, MI 3.0 1.0 1150 $900 $0.78 21d 1 0.88mi
10404 Somerset Ave Detroit, MI 3.0 1.0 1108 $1,475 $1.33 4d 1 0.97mi
5574 Buckingham Ave Detroit, MI 3.0 1.0 1430 $1,450 $1.01 5d 1 1.00mi
5235 Chatsworth St Detroit, MI 2.0 1.0 900 $1,050 $1.17 44d 1 1.04mi
14201 Mayfield St Detroit, MI 4.0 1.5 1296 $1,250 $0.96 44d 1 1.05mi
9635 Everts St Detroit, MI 4.0 2.0 1450 $1,650 $1.14 44d 1 1.05mi
12210 Longview St Detroit, MI 3.0 1.0 1020 $1,100 $1.08 44d 1 1.06mi
15010 Cedargrove St Detroit, MI 3.0 1.5 1018 $1,350 $1.33 44d 1 1.07mi
5267 Haverhill St Detroit, MI 3.0 1.5 1458 $1,300 $0.89 18d 1 1.12mi
5267 Haverhill St Detroit, MI 3.0 1.5 1458 $1,300 $0.89 17d 1 1.12mi
11235 Roxbury St Detroit, MI 3.0 1.0 1062 $1,325 $1.25 18d 1 1.17mi
5112 Haverhill St Unit 1 Detroit, MI 2.0 1.0 1000 $1,100 $1.10 44d 1 1.20mi
12051 Wilshire Dr Detroit, MI 3.0 1.5 1224 $1,250 $1.02 18d 1 1.21mi
10037 Grayton St Detroit, MI 3.0 1.0 1000 $1,400 $1.40 4d 1 1.23mi
12740 August St Detroit, MI 2.0 1.0 900 $1,300 $1.44 5d 1 1.23mi
10177 Boleyn St Detroit, MI 3.0 1.0 767 $1,250 $1.63 44d 1 1.25mi
11689 Wayburn St Detroit, MI 3.0 1.0 1142 $1,350 $1.18 44d 1 1.27mi
11911 Lansdowne St Detroit, MI 4.0 1.0 1350 $1,400 $1.04 44d 1 1.29mi

Listing history 22 events

  1. 2026-05-22
    status Pending 756-char remark
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  2. 2026-05-22
    status Pending 756-char remark
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  3. 2026-05-22
    status Pending
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  4. 2026-05-20
    status Active 756-char remark
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  5. 2026-05-20
    status Active 756-char remark
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  6. 2026-05-20
    status Active
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  7. 2026-04-28
    status Pending 756-char remark
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  8. 2026-04-28
    status Pending 756-char remark
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  9. 2026-04-28
    status Pending
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  10. 2026-04-25
    historical Active Under Contract 756-char remark
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  11. 2026-04-25
    historical Accepting Backup Offers 756-char remark
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  12. 2026-04-25
    historical Active - Backup Offers Accepted
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  13. 2026-04-06
    price $109,900 756-char remark
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  14. 2026-04-06
    price $109,900 756-char remark
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  15. 2026-04-06
    price $109,900
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  16. 2026-03-19
    listed $114,900 Active 756-char remark
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  17. 2026-03-19
    listed $114,900 Active
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  18. 2026-03-19
    listed $114,900 Active 756-char remark
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  19. 2026-03-18
    historical $114,900 756-char remark
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  20. 2026-03-18
    historical $114,900
    Show marketing remark (756 chars)

    Move-in ready and beautifully remodeled, this charming Detroit home offers 3 bedrooms and 1 full bath with modern updates throughout. Enjoy brand-new flooring, fresh paint, and a fully updated kitchen with stylish finishes. The main level features two spacious bedrooms for convenient living, while the upper level offers a private third bedroom, perfect for a primary suite, home office, or guest space. The updated bathroom adds a clean, contemporary feel. Major improvements include a new furnace and water heater, providing peace of mind. Step outside to a generously sized backyard, ideal for relaxing or entertaining. Whether you're a first-time buyer or investor, this turnkey property is ready for its next owner. Don't miss this great opportunity!

  21. 2004-03-08
    soldstatus $80,000
  22. 1995-05-30
    soldstatus $14,000

ⓘ 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
$260 · $22/mo
Projected year-2 tax
$976 · $81/mo
Expected delta
+$716/yr (+$60/mo · 275.5%)

ⓘ 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 ≥95°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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$16,024
− Mortgage interest
−$6,156
− Property taxes
−$260
− Insurance
−$550
− Repairs & maintenance
−$1,282
− Management
−$1,282
− Depreciation
−$3,197
Taxable income
$3,297
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$791
After-tax cash flow
$4,142/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)
20,075
Household income
$34,003
Rent vs Own
41.6% rent · 58.4% own
Severe rent burden
1202.0

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 (92%)
Race & ethnicity
Black 92% White 4% Hispanic / Latino 2% Two or more races 1%
Common ancestry
Slovak 1%
Foreign-born
2% · Canada
Languages at home
97% English-only · Arabic 1% Spanish 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
▼ -122.86%
Current HPI
217.2037
Rent YoY
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

+685.0% since first listed
22 events — show timeline
  • 2026-05-22 Pending MiRealSource-MiMLS
  • 2026-05-22 Pending REALCOMP
  • 2026-05-22 Pending SW Michigan MLS
  • 2026-05-20 Relisted MiRealSource-MiMLS
  • 2026-05-20 Relisted REALCOMP
  • 2026-05-20 Relisted SW Michigan MLS
  • 2026-04-28 Pending MiRealSource-MiMLS
  • 2026-04-28 Pending REALCOMP
  • 2026-04-28 Pending SW Michigan MLS
  • 2026-04-25 Contingent REALCOMP
  • 2026-04-25 Contingent MiRealSource-MiMLS
  • 2026-04-25 Contingent SW Michigan MLS
  • 2026-04-06 Price Changed $109,900 MiRealSource-MiMLS
  • 2026-04-06 Price Changed $109,900 REALCOMP
  • 2026-04-06 Price Changed $109,900 SW Michigan MLS
  • 2026-03-19 Listed $114,900 REALCOMP
  • 2026-03-19 Listed $114,900 SW Michigan MLS
  • 2026-03-19 Listed $114,900 MiRealSource-MiMLS
  • 2026-03-18 Coming Soon $114,900 MiRealSource-MiMLS
  • 2026-03-18 Coming Soon $114,900 SW Michigan MLS
  • 2004-03-08 Sold (Public Records) $80,000 Public Records
  • 1995-05-30 Sold (Public Records) $14,000 Public Records

Property tax history

+0.7%/yr

Latest (2025): $260 · -77.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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