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5706 Robindale Ave
C Composite 58.77
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 +20.0/30.0
  • ARV discount +15.0/15.0
  • DSCR +6.3/10.0
  • 1% rule +5.2/10.0
  • Livability +4.0/5.0
  • Schools +3.2/10.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$169,000

5706 Robindale Ave · Dearborn Heights, MI 48127
3 bd · 1.0 ba · 976 sqft · SingleFamily public records · 28 Days on market
Built 1936 5,227 sqft lot Est $225k · 25% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Charming and full of potential, this Dearborn Heights bungalow offers a warm and inviting layout with plenty of space to make your own! Featuring a spacious living room, cozy dining area, and generously sized kitchen with ample cabinet space, this home is perfect for everyday living and entertaining alike. The large upper-level space provides endless possibilities for an additional bedroom, office, or flex area. Enjoy the convenience of a long driveway, detached garage, and a nicely sized yard ideal for outdoor gatherings or relaxing evenings. Character throughout the home adds a cozy feel, while the functional layout offers great opportunity for personalization and updates over time. Located in a desirable Dearborn Heights neighborhood close to parks, schools, shopping, and dining, this home is a great opportunity for homeowners or investors alike!

Key facts

  • Nicely sized yard
  • Ample cabinet space
  • Long driveway

Tags

SPACIOUS LIVING ROOMGENEROUSLY SIZED KITCHENAMPLE CABINET SPACELONG DRIVEWAYDETACHED GARAGENICELY SIZED YARD

Property features AI

Exterior

  • Parking: Detached 1-car garage
  • Utilities: Public water; Public sewer; Sewer and water available
  • Home design: Single-family residence; One and one-half stories; Ground-level entry with steps
  • Construction: Aluminum siding; Block foundation
  • Exterior features: Paved road access; Lot approximately 40 x 135 (0.12 acres)

Interior

  • Bathrooms: 1 full bathroom
  • Heating & cooling: Forced air heating (natural gas); No central cooling
  • Interior features: Finished basement; Total of 4 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 $169k.

Deal economics

  • At list price, monthly cash flow is $206 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $169k).
  • Recommended offer: $166k (1.5% below list) — sets the bar for market timing.
  • Cap rate 7.8% vs local median 5.5% in Dearborn Heights — 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 79/100 on livability (#82 in MI, #1,885 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools C-, crime D+, employment D+.
  • Crestwood School District (suburban): math 32% / reading 43% proficiency, ranked #242 of 540 in MI (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents flat; 143 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • This rent runs 34% of the median local income ($61k/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 $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.

Negotiation context

  • It's been on market 28 days — a 2% lower offer ($166k) is reasonable based on typical stale-listing flexibility.
  • 2 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 $83k; list at $169k implies a 104% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1936 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $166,465 (1.5% below list)

Questions for the listing agent

  1. Built in 1936 — 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. Crime grade is D 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?
  4. 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.
  5. 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.
  6. 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
1.02%
Cap rate
7.76%
Cash-on-cash
5.23%
DSCR
1.23
GRM
8.2

CMA / ARV

ARV (on-the-fly)
$225,456
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5955 N Silvery Ln 0.12mi 2/1.0 (-1) 975 (-0%) 4mo $224,900 $231 86
5939 Robindale Ave 0.11mi 3/1.0 900 (-8%) 4mo $190,000 $211 78
5763 N Silvery Ln 0.06mi 3/1.0 1,110 (+14%) 2mo $153,000 $138 73
24903 Hass St 0.38mi 3/1.5 999 (+2%) 5mo $255,000 $255 72
6556 Drexel St 0.69mi 3/1.0 988 (+1%) 1mo $230,000 $233 64
6165 Nightingale St 0.30mi 2/1.0 (-1) 864 (-12%) 1mo $150,000 $174 61
5651 Fenton St 0.29mi 2/1.0 (-1) 848 (-13%) 2mo $145,000 $171 58
6523 N Vernon St 0.61mi 3/1.5 1,007 (+3%) 7mo $247,000 $245 58
2045 N Vernon St 0.40mi 3/1.0 1,092 (+12%) 8mo $245,000 $224 55
6894 N Gulley Rd 0.73mi 3/1.5 999 (+2%) 6mo $235,000 $235 55
25659 Baldwin St 0.58mi 3/1.5 1,080 (+11%) 1mo $281,000 $260 53
6822 N Lafayette St 0.70mi 3/1.0 1,080 (+11%) 0mo $150,000 $139 49

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 · 0.41% rent growth · sell at horizon

5-year hold
IRR
-11.1%
Equity multiple
0.61×
Total profit
$-18,623
Equity at exit
$25,198
10-year hold
IRR
-6.0%
Equity multiple
0.66×
Total profit
$-16,319
Equity at exit
$14,612

Cash invested: $47,320 (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 48127

Rents YoY
0.4%
Active inventory
143
Price-to-rent
8.2×

Monthly cashflow live

Estimated rent
$1,726 high interval (Pro) →
Mortgage (P&I)
$886
Tax from tax record
$201 /mo · $2,414/yr
Insurance
$70
HOA
$0
Vacancy / Maint / Mgmt
$363
Net cashflow
$206

Break-even live

Break-even rent $1,466
Max offer price $169,000
Occupancy floor 83%

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
$42,250
Closing costs
$5,070
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 11 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5722 Centralia St Dearborn Heights, MI 3.0 1.0 999 $1,750 $1.75 1d 1 0.51mi
7080 Highview St Dearborn Heights, MI 3.0 2.5 1105 $2,000 $1.81 18d 1 0.84mi
7014 Kinmore St Dearborn Heights, MI 3.0 1.0 960 $1,900 $1.98 21d 1 0.84mi
181 Terri Dr Unit 181 Dearborn Heights, MI 2.0 2.0 840 $1,119 $1.33 5d 1 1.03mi
79 3rd St Unit 79 Dearborn Heights, MI 2.0 1.0 840 $1,339 $1.59 24d 1 1.16mi
7420 Drexel St Dearborn Heights, MI 2.0 1.0 1080 $1,700 $1.57 43d 1 1.16mi
7420 Drexel St Dearborn Heights, MI 2.0 1.0 1080 $1,600 $1.48 4d 1 1.16mi
7420 Drexel St Dearborn Heights, MI 2.0 1.0 1080 $1,700 $1.57 17d 1 1.16mi
7462 N Vernon St Dearborn Heights, MI 4.0 1.0 1113 $1,900 $1.71 1d 1 1.18mi
167 Cherry Valley Dr Inkster, MI 1.0–2.0 1.0 784 $1,395 $1.78 14d 12 1.32mi
26322 Westphal St Dearborn Heights, MI 1.0–2.0 1.0 762 $1,455 $1.91 1d 24 1.33mi

Listing history 17 events

  1. 2026-06-18
    days on market $169,000 Active 28 DOM
  2. 2026-06-17
    days on market $169,000 Active 27 DOM
  3. 2026-06-16
    days on market $169,000 Active 26 DOM
  4. 2026-06-15
    days on market $169,000 Active 25 DOM
  5. 2026-06-13
    days on market $169,000 Active 23 DOM
  6. 2026-06-13
    days on market $169,000 Active 22 DOM
  7. 2026-06-09
    days on market $169,000 Active 19 DOM
  8. 2026-06-08
    days on market $169,000 Active 18 DOM
  9. 2026-06-07
    days on market $169,000 Active 17 DOM
  10. 2026-06-04
    days on market $169,000 Active 14 DOM
  11. 2026-06-03
    days on market $169,000 Active 13 DOM
  12. 2026-06-02
    days on market $169,000 Active 12 DOM
  13. 2026-06-01
    days on market $169,000 Active 11 DOM
  14. 2026-05-31
    days on market $169,000 Active 10 DOM
  15. 2026-05-21
    listed $169,000 Active
    Show marketing remark (861 chars)

    Charming and full of potential, this Dearborn Heights bungalow offers a warm and inviting layout with plenty of space to make your own! Featuring a spacious living room, cozy dining area, and generously sized kitchen with ample cabinet space, this home is perfect for everyday living and entertaining alike. The large upper-level space provides endless possibilities for an additional bedroom, office, or flex area. Enjoy the convenience of a long driveway, detached garage, and a nicely sized yard ideal for outdoor gatherings or relaxing evenings. Character throughout the home adds a cozy feel, while the functional layout offers great opportunity for personalization and updates over time. Located in a desirable Dearborn Heights neighborhood close to parks, schools, shopping, and dining, this home is a great opportunity for homeowners or investors alike!

  16. 2026-05-21
    listed $169,000 Active 861-char remark
    Show marketing remark (861 chars)

    Charming and full of potential, this Dearborn Heights bungalow offers a warm and inviting layout with plenty of space to make your own! Featuring a spacious living room, cozy dining area, and generously sized kitchen with ample cabinet space, this home is perfect for everyday living and entertaining alike. The large upper-level space provides endless possibilities for an additional bedroom, office, or flex area. Enjoy the convenience of a long driveway, detached garage, and a nicely sized yard ideal for outdoor gatherings or relaxing evenings. Character throughout the home adds a cozy feel, while the functional layout offers great opportunity for personalization and updates over time. Located in a desirable Dearborn Heights neighborhood close to parks, schools, shopping, and dining, this home is a great opportunity for homeowners or investors alike!

  17. 2020-08-17
    soldstatus $83,000

ⓘ 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
$2,414 · $201/mo
Projected year-2 tax
$2,508 · $209/mo
Expected delta
+$94/yr (+$8/mo · 3.9%)

ⓘ 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 ≥98°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 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
$20,718
− Mortgage interest
−$9,467
− Property taxes
−$2,414
− Insurance
−$845
− Repairs & maintenance
−$1,657
− Management
−$1,657
− Depreciation
−$4,916
Taxable loss
−$239
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$57
After-tax cash flow
$2,531/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
Crestwood School District
NCES district ID
2600016
Math proficiency
32% ▼ -6.00%
Reading proficiency
43% ▼ -4.00%
Median HH income
$47,101
Composite
32.1/100
National rank
#5806
State rank
#242 of 540 in MI

Livability — Dearborn Heights

Score
79/100
State rank
#82
US rank
#1885

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Dearborn Heights, MI
County
Wayne County · 1,562,939 people
City population
61,771
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
39,646
Household income
$60,742
Rent vs Own
28.0% rent · 72.0% own
Severe rent burden
1196.0

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 (85%)
Race & ethnicity
White 85% Black 8% Two or more races 3% Hispanic / Latino 3% Asian 2%
Common ancestry
Arab 8% Romanian 7% Lithuanian 2%
Foreign-born
31% · Canada
Languages at home
46% English-only · Arabic 45% Russian/Polish/Slavic 2% Other Indo-European 2%

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
▼ -319.04%
Current HPI
225.9407
Rent YoY
▲ 0.41%
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

+103.6% since first listed
3 events — show timeline
  • 2026-05-21 Listed $169,000 MiRealSource-MiMLS
  • 2026-05-21 Listed $169,000 REALCOMP
  • 2020-08-17 Sold (Public Records) $83,000 Public Records

Property tax history

+5.1%/yr

Latest (2025): $2,414 · -19.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…