20120 Norwood St · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D+ 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 +18.7/30.0
- ARV discount +7.5/15.0
- DSCR +5.9/10.0
- 1% rule +5.4/10.0
- Rent growth +4.2/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$131,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
Key facts
- 4,792 sq ft lot
- Garage
- Built 1946
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $131k.
Deal economics
- At list price, monthly cash flow is $129 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $131k).
- Recommended offer: $115k (12.0% below list) — sets the bar for market timing.
- Cap rate 7.5% vs local median 10.2% in Detroit — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
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 rising fast (+6.7%/yr); 226 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 $1,358/mo this rent would consume 46% of the median local household income ($35k/yr) (locally 2372% 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 $906 of loan paydown is wiped out by about $4k 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 + 6.7% rent growth), your $37k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- It's been on market 360 days — a 12% lower offer ($115k) is reasonable based on typical stale-listing flexibility.
- 28 sale attempts since 21y ago; this cycle's ask has dropped $24k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $50k; list at $131k implies a 162% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1946 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 360 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.04% ✓
- Cap rate
- 7.48%
- Cash-on-cash
- 4.22%
- DSCR
- 1.19
- GRM
- 8.0
CMA / ARV
- ARV (median comp)
- $79,489
- List price
- $131,000
- Delta
- 64.80%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 20138 Norwood St | 0.02mi | 3/1.5 | 1,286 (-13%) | 4mo | $82,600 | $64 | 71 |
| 20450 Gallagher St | 0.25mi | 3/1.0 | 1,291 (-13%) | 1mo | $45,000 | $35 | 66 |
| 2339 E Outer Dr | 0.21mi | 3/2.5 | 1,324 (-11%) | 4mo | $154,000 | $116 | 63 |
| 19626 Mackay St | 0.54mi | 3/1.0 | 1,414 (-5%) | 7mo | $33,000 | $23 | 61 |
| 19418 Gallagher St | 0.42mi | 3/1.0 | 1,336 (-10%) | 4mo | $52,000 | $39 | 60 |
| 20732 June Ave | 0.35mi | 3/1.5 | 1,307 (-12%) | 7mo | $66,000 | $50 | 56 |
| 19364 Norwood St | 0.44mi | 2/1.0 (-1) | 1,296 (-13%) | 4mo | $20,000 | $15 | 50 |
| 19031 Klinger St | 0.74mi | 3/1.5 | 1,415 (-5%) | 7mo | $55,000 | $39 | 50 |
| 19942 Saint Aubin St | 0.74mi | 3/1.0 | 1,350 (-9%) | 4mo | $38,000 | $28 | 47 |
| 3168 Berkshire Ave | 0.68mi | 2/1.0 (-1) | 1,320 (-11%) | 2mo | $80,000 | $61 | 43 |
| 3754 Wasmund Ave | 0.52mi | 4/1.0 (+1) | 1,271 (-14%) | 5mo | $86,000 | $68 | 42 |
| 3641 Berkshire Ave | 0.65mi | 3/2.0 | 1,284 (-14%) | 6mo | $100,000 | $78 | 38 |
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 · 6.72% rent growth · sell at horizon
- IRR
- -5.4%
- Equity multiple
- 0.79×
- Total profit
- $-7,690
- Equity at exit
- $19,533
- IRR
- 8.4%
- Equity multiple
- 1.75×
- Total profit
- $27,432
- Equity at exit
- $11,326
Cash invested: $36,680 (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
ZIP-level market 48234
- Home prices YoY
- -11.9%
- Rents YoY
- 6.7%
- Active inventory
- 226
- Price-to-rent
- 8.0×
Monthly cashflow live
- Estimated rent
- $1,358 high interval (Pro) →
- Mortgage (P&I)
- −$687
- Tax from tax record
- −$202 /mo · $2,429/yr
- Insurance
- −$55
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$285
- Net cashflow
- $129
Break-even live
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
- $32,750
- Closing costs
- $3,930
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 20000 Norwood St Detroit, MI | 3.0 | 1.5 | 1150 | $1,200 | $1.04 | 24d | 1 | 0.08mi |
| 19930 Binder St Detroit, MI | 3.0 | 1.0 | 1000 | $1,450 | $1.45 | 17d | 1 | 0.23mi |
| 19694 Gallagher St Detroit, MI | 3.0 | 1.0 | 1000 | $1,150 | $1.15 | 15d | 1 | 0.28mi |
| 20255 Harned St Detroit, MI | 3.0 | 1.0 | 1000 | $1,374 | $1.37 | 17d | 1 | 0.35mi |
| 19450 Norwood St Detroit, MI | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 5d | 1 | 0.36mi |
| 19458 Binder St Detroit, MI | 3.0 | 1.5 | 1550 | $1,500 | $0.97 | 3d | 1 | 0.40mi |
| 19360 Revere St Detroit, MI | 3.0 | 1.0 | 1050 | $1,250 | $1.19 | 24d | 1 | 0.44mi |
| 19995 Goddard St Detroit, MI | 4.0 | 1.0 | 1292 | $1,400 | $1.08 | 22d | 1 | 0.51mi |
| 19450 Fenelon St Detroit, MI | 3.0 | 1.0 | 1062 | $1,384 | $1.30 | 5d | 1 | 0.80mi |
| 2034 John B Ave Warren, MI | 3.0 | 1.0 | 920 | $1,261 | $1.37 | 44d | 1 | 0.81mi |
| 20794 Audrey Ave Warren, MI | 3.0 | 1.0 | 954 | $1,350 | $1.42 | 44d | 1 | 0.87mi |
| 18666 Joseph Campau St Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 17d | 1 | 0.90mi |
| 18557 Wexford St Detroit, MI | 3.0 | 1.0 | 1216 | $1,250 | $1.03 | 24d | 1 | 0.95mi |
| 20058 Bloom St Detroit, MI | 4.0 | 1.0 | 1350 | $1,450 | $1.07 | 17d | 1 | 0.95mi |
| 19361 Moenart St Unit 1 Detroit, MI | 2.0 | 1.0 | 1000 | $1,100 | $1.10 | 24d | 1 | 0.99mi |
| 19162 Conley St Detroit, MI | 2.0 | 1.0 | 1000 | $1,300 | $1.30 | 44d | 1 | 0.99mi |
| 21516 Dequindre Rd Warren, MI | 1.0–2.0 | 1.0 | 837 | $1,375 | $1.64 | 22d | 1 | 1.01mi |
| 20263 Caldwell St Detroit, MI | 3.0 | 1.0 | 909 | $1,350 | $1.49 | 17d | 1 | 1.05mi |
| 18629 Fleming St Detroit, MI | 3.0 | 1.5 | 900 | $1,150 | $1.28 | 24d | 1 | 1.06mi |
| 19260 Bloom St Detroit, MI | 3.0 | 1.0 | 1100 | $1,350 | $1.23 | 4d | 1 | 1.09mi |
| 18882 Marx St Highland Park, MI | 2.0 | 1.0 | 1000 | $1,300 | $1.30 | 44d | 1 | 1.12mi |
| 18891 Moenart St Detroit, MI | 3.0 | 1.0 | 1150 | $1,300 | $1.13 | 2d | 1 | 1.14mi |
| 18551 Saint Aubin St Detroit, MI | 3.0 | 1.0 | 962 | $1,200 | $1.25 | 17d | 1 | 1.19mi |
| 21410 Panama St Warren, MI | 3.0 | 1.0 | 900 | $1,600 | $1.78 | 24d | 1 | 1.20mi |
| 18884 Bloom St Detroit, MI | 3.0 | 1.0 | 979 | $975 | $1.00 | 22d | 1 | 1.20mi |
| 18884 Bloom St Detroit, MI | 3.0 | 1.0 | 979 | $975 | $1.00 | 44d | 1 | 1.20mi |
| 18677 Moenart St Detroit, MI | 2.0 | 1.0 | 1470 | $1,200 | $0.82 | 44d | 1 | 1.23mi |
| 1301 E Muir Ave Hazel Park, MI | 3.0 | 2.0 | 1236 | $1,600 | $1.29 | 22d | 1 | 1.24mi |
| 21465 Syracuse Ave Warren, MI | 3.0 | 1.0 | 990 | $1,375 | $1.39 | 44d | 1 | 1.29mi |
| 21456 Syracuse Ave Warren, MI | 3.0 | 1.0 | 1160 | $1,595 | $1.38 | 44d | 1 | 1.31mi |
| 21456 Syracuse Ave Warren, MI | 3.0 | 1.0 | 1152 | $1,595 | $1.38 | 2d | 1 | 1.31mi |
| 19415 Gable St Detroit, MI | 3.0 | 1.0 | 1000 | $1,373 | $1.37 | 24d | 1 | 1.32mi |
| 1326 E Evelyn Ave Unit 1032332P Hazel Park, MI | 3.0 | 2.0 | 1097 | $6,448 | $5.88 | 2d | 1 | 1.36mi |
| 22580 Masch Ave Warren, MI | 3.0 | 1.0 | 988 | $1,450 | $1.47 | 24d | 1 | 1.38mi |
| 18503 Riopelle St Highland Park, MI | 3.0 | 1.0 | 1254 | $1,250 | $1.00 | 5d | 1 | 1.39mi |
| 1019 E Hayes Ave Unit 1032331P Hazel Park, MI | 3.0 | 1.0 | 1033 | $5,301 | $5.13 | 2d | 1 | 1.40mi |
| 3951 Los Angeles Ave Warren, MI | 3.0 | 1.0 | 1258 | $1,500 | $1.19 | 24d | 1 | 1.42mi |
Listing history 50 events
-
2026-06-18days on market $131,000 Active 360 DOM
-
2026-06-17days on market $131,000 Active 359 DOM
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2026-06-15days on market $131,000 Active 357 DOM
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2026-06-13days on market $131,000 Active 355 DOM
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2026-06-13days on market $131,000 Active 354 DOM
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2026-06-09days on market $131,000 Active 351 DOM
-
2026-06-08days on market $131,000 Active 350 DOM
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2026-06-07days on market $131,000 Active 349 DOM
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2026-06-04days on market $131,000 Active 346 DOM
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2026-06-03days on market $131,000 Active 345 DOM
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2026-06-01days on market $131,000 Active 343 DOM
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2026-05-31days on market $131,000 Active 342 DOM
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2026-04-13status Active 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2026-04-13status Active 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2026-04-06historical Accepting Backup Offers 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2026-04-06historical Active Under Contract 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2026-03-10price $131,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2026-03-10price $131,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2025-11-28price $134,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2025-11-28price $134,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2025-11-04status Active 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2025-11-04status Active 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2025-10-29historical Accepting Backup Offers 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2025-10-29historical Active Under Contract 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2025-09-17price $135,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2025-09-17price $135,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2025-09-17price $136,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2025-09-17price $136,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2025-09-05price $137,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2025-09-05price $137,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
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2025-08-21price $139,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2025-08-21price $139,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2025-08-12status Active 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
-
2025-08-12status Active 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
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2025-08-04status Pending 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
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2025-08-04status Pending 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
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2025-07-29historical Accepting Backup Offers 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
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2025-07-29historical Active Under Contract 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
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2025-07-14price $144,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
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2025-07-14price $144,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
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2025-06-27price $149,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
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2025-06-27price $149,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
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2025-06-16$155,000 Active 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
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2025-06-16$155,000 Active 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
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2025-06-14historical $155,000 514-char remark
Show marketing remark (514 chars)
Here is a stylishly renovated bungalow near the Detroit - Warren border. This spacious brick dwelling boasts a beautiful brand new kitchen with butcher block countertops and stainless steel appliances. Bathrooms well appointed with new tub and vanities. Fresh paint and flooring throughout. Entry level features a large bonus room that could serve as a fourth bedroom or child's playroom. Full basement. One car garage. Your Buyers will be pleased with the thoughtful design and superior workmanship of this rehab.
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2022-04-27soldstatus $50,000
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2022-04-27soldstatus $50,000 Sold
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2022-04-27soldstatus $50,000 Closed
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2022-03-28status Pending
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2022-03-28status Pending
ⓘ 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
- $2,429 · $202/mo
- Projected year-2 tax
- $2,429 · $202/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 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
- $16,299
- − Mortgage interest
- −$7,338
- − Property taxes
- −$2,429
- − Insurance
- −$655
- − Repairs & maintenance
- −$1,304
- − Management
- −$1,304
- − Depreciation
- −$3,811
- Taxable loss
- −$542
- Est. tax savings @ 24.0%
- +$130
- After-tax cash flow
- $1,679/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
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)
- 32,760
- Household income
- $35,322
- Rent vs Own
- Severe rent burden
- 2372.0
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 (94%)
- Race & ethnicity
- Black 94% White 3% Two or more races 1%
- Common ancestry
- Romanian 1%
- Foreign-born
- 2% · Canada, Vietnam, Philippines
- Languages at home
- 97% English-only · French/Haitian/Cajun 1%
Political lean MEDSL · Wayne
- 2024 margin
- Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
- 2008→2024 swing
- -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
- All cycles
- 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -44.65%
- Current HPI
- 328.8978
- Rent YoY
- ▲ 6.72%
- 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 |
|
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
|
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| Healthcare / Medical Devices | 1 | $23B |
|
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| Automotive Technology | 1 | $20B |
|
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Price history
+101.8% since first listed93 events — show timeline
- 2026-04-13 Relisted — MiRealSource-MiMLS
- 2026-04-13 Relisted — REALCOMP
- 2026-04-06 Contingent — MiRealSource-MiMLS
- 2026-04-06 Contingent — REALCOMP
- 2026-03-10 Price Changed $131,000 MiRealSource-MiMLS
- 2026-03-10 Price Changed $131,000 REALCOMP
- 2025-11-28 Price Changed $134,000 MiRealSource-MiMLS
- 2025-11-28 Price Changed $134,000 REALCOMP
- 2025-11-04 Relisted — MiRealSource-MiMLS
- 2025-11-04 Relisted — REALCOMP
- 2025-10-29 Contingent — MiRealSource-MiMLS
- 2025-10-29 Contingent — REALCOMP
- 2025-09-17 Price Changed $135,000 MiRealSource-MiMLS
- 2025-09-17 Price Changed $135,000 REALCOMP
- 2025-09-17 Price Changed $136,000 MiRealSource-MiMLS
- 2025-09-17 Price Changed $136,000 REALCOMP
- 2025-09-05 Price Changed $137,000 MiRealSource-MiMLS
- 2025-09-05 Price Changed $137,000 REALCOMP
- 2025-08-21 Price Changed $139,000 MiRealSource-MiMLS
- 2025-08-21 Price Changed $139,000 REALCOMP
- 2025-08-12 Relisted — MiRealSource-MiMLS
- 2025-08-12 Relisted — REALCOMP
- 2025-08-04 Pending — MiRealSource-MiMLS
- 2025-08-04 Pending — REALCOMP
- 2025-07-29 Contingent — MiRealSource-MiMLS
- 2025-07-29 Contingent — REALCOMP
- 2025-07-14 Price Changed $144,000 MiRealSource-MiMLS
- 2025-07-14 Price Changed $144,000 REALCOMP
- 2025-06-27 Price Changed $149,000 MiRealSource-MiMLS
- 2025-06-27 Price Changed $149,000 REALCOMP
- 2025-06-16 Listed $155,000 MiRealSource-MiMLS
- 2025-06-16 Listed $155,000 REALCOMP
- 2025-06-14 Coming Soon $155,000 MiRealSource-MiMLS
- 2022-04-27 Sold (Public Records) $50,000 Public Records
- 2022-04-27 Sold (MLS) $50,000 MiRealSource-MiMLS
- 2022-04-27 Sold (MLS) $50,000 REALCOMP
- 2022-03-28 Pending — MiRealSource-MiMLS
- 2022-03-28 Pending — REALCOMP
- 2021-12-16 Price Changed $51,000 MiRealSource-MiMLS
- 2021-12-15 Price Changed $51,000 REALCOMP
- 2021-12-07 Relisted — MiRealSource-MiMLS
- 2021-12-07 Relisted — REALCOMP
- 2021-11-29 Pending — MiRealSource-MiMLS
- 2021-11-29 Pending — REALCOMP
- 2021-11-20 Price Changed $55,900 MiRealSource-MiMLS
- 2021-11-19 Price Changed $55,900 REALCOMP
- 2021-10-07 Price Changed $59,900 MiRealSource-MiMLS
- 2021-10-07 Price Changed $59,900 REALCOMP
- 2021-09-17 Price Changed $65,000 MiRealSource-MiMLS
- 2021-09-16 Price Changed $65,000 REALCOMP
- 2021-07-24 Price Changed $70,400 MiRealSource-MiMLS
- 2021-07-24 Price Changed $70,400 REALCOMP
- 2021-06-10 Listed $67,000 MiRealSource-MiMLS
- 2021-06-10 Listed $67,000 REALCOMP
- 2020-11-16 Listing Removed — REALCOMP
- 2020-11-16 Listing Removed — MiRealSource-MiMLS
- 2020-10-30 Relisted — MiRealSource-MiMLS
- 2020-10-30 Relisted — REALCOMP
- 2020-10-23 Pending — MiRealSource-MiMLS
- 2020-10-23 Pending — REALCOMP
- 2020-06-18 Price Changed $54,900 MiRealSource-MiMLS
- 2020-06-18 Price Changed $54,900 REALCOMP
- 2020-03-26 Listed $55,400 MiRealSource-MiMLS
- 2020-03-26 Listed $55,400 REALCOMP
- 2018-04-17 Sold (MLS) $34,000 MiRealSource-MiMLS
- 2018-04-17 Sold (MLS) $34,000 REALCOMP
- 2018-04-04 Pending — MiRealSource-MiMLS
- 2018-04-04 Pending — REALCOMP
- 2017-10-13 Listed $39,500 REALCOMP
- 2017-09-05 Listed $39,500 MiRealSource-MiMLS
- 2017-08-26 Listing Removed — REALCOMP
- 2017-08-25 Listing Removed — MiRealSource-MiMLS
- 2017-07-07 Listed $42,500 MiRealSource-MiMLS
- 2017-07-07 Listed $42,500 REALCOMP
- 2008-11-17 Sold (MLS) $8,200 MiRealSource-MiMLS
- 2008-11-17 Sold (MLS) $8,200 REALCOMP
- 2008-10-10 Listing Removed — MiRealSource-MiMLS
- 2008-09-25 Listed $7,900 MiRealSource-MiMLS
- 2008-09-25 Listed $7,900 REALCOMP
- 2007-03-14 Listing Removed — MiRealSource-MiMLS
- 2006-11-28 Sold (Public Records) $98,000 Public Records
- 2006-09-14 Listed $99,000 MiRealSource-MiMLS
- 2006-07-14 Sold (MLS) $43,500 MiRealSource-MiMLS
- 2006-06-05 Listing Removed — MiRealSource-MiMLS
- 2006-05-17 Listing Removed — MiRealSource-MiMLS
- 2006-04-21 Listed $47,900 MiRealSource-MiMLS
- 2006-03-15 Listing Removed — REALCOMP
- 2006-01-06 Listing Removed — MiRealSource-MiMLS
- 2005-12-30 Listed $64,900 MiRealSource-MiMLS
- 2005-12-05 Listing Removed — MiRealSource-MiMLS
- 2005-12-05 Listed $64,900 MiRealSource-MiMLS
- 2005-06-16 Listed $64,900 MiRealSource-MiMLS
- 2005-06-16 Listed $64,900 REALCOMP
Property tax history
+1.0%/yrLatest (2025): $2,429 · -54.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…