8154 Decatur St · Detroit, MI 48228

$74,900

3 bd · 1.0 ba · 864 sqft · SingleFamily public records · 84 Days on market

Built 1957 8,276 sqft lot Est $70k · 7% over

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +4.3/15.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover this beautifully maintained 3-bedroom ranch tucked inside one of the most stable and high-demand pockets of the Tireman–Wyoming corridor. Offering the perfect blend of comfort, function, and affordability, this move-in-ready home is ideal for first-time buyers, downsizers, or investors seeking a low-maintenance, high-performing rental. Step inside to an open and sunlit living room featuring warm natural light, neutral paint tones, and durable flooring - creating a clean, inviting space that suits any décor style. The functional eat-in kitchen offers excellent cabinet storage, generous counter space, and easy access to the backyard, making meal prep and entertaining a breeze. All three bedrooms are bright and comfortable, each offering modern lighting, fresh finishes, and flexible layouts for sleeping, office, or guest use. The full bathroom is clean and updated with ceramic tile, crisp finishes, and practical storage. Outside, the home sits on an impressive 60×136 fenced lot - larger than average for the area - providing expansive outdoor space for pets, gatherings, gardening, or future enhancements. A convenient storage shed, concrete patio, and shaded areas make the backyard a standout feature. Vinyl windows, newer mechanicals, and a low maintenance exterior help keep ownership costs down while boosting long-term value. Located only minutes from shopping, dining, parks, schools, and I-96, this home offers quick access to westside amenities and major commuter routes. The neighborhood is known for its stable homeowner presence, strong rental demand, and consistent year-over-year activity. Whether you're looking for an easy turnkey home or an income-producing investment, 8154 Decatur delivers comfort, practicality, and long-term value. Immediate occupancy available - schedule your private showing today!

Key facts

• Shaded areas
• Open living room
• Storage shed

Tags

• FENCED LOT
• STORAGE SHED
• CONCRETE PATIO
• SHADED AREAS
• OPEN LIVING ROOM
• EAT-IN KITCHEN

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $425 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $70k (6.0% below list) — sets the bar for market timing.
• Cap rate 13.1% vs local median 10.1% in Detroit — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
• Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-2.3%/yr); 369 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 61% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• At $1,207/mo this rent would consume 47% of the median local household income ($31k/yr) (locally 4144% 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 $518 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $21k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 84 days — a 6% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $55k; 36% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $70,406 (6.0% below list)

Questions for the listing agent

1. It's been on market 84 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.61% ✓
• Cap rate: 13.10%
• Cash-on-cash: 24.30%
• DSCR: 2.08
• GRM: 5.2

CMA / ARV

• ARV (on-the-fly): $69,984
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8154 Decatur St	0.00mi	3/1.0	864 (0%)	1mo	$70,000	$81	100
8125 Hubbell St	0.41mi	3/1.0	864 (0%)	4mo	$52,500	$61	77
8121 Hubbell ST St	0.41mi	3/1.0	918 (+6%)	2mo	$48,500	$53	69
8255 Marlowe St	0.47mi	3/1.0	915 (+6%)	4mo	$27,400	$30	65
8348 Terry St	0.58mi	3/1.0	932 (+8%)	4mo	$82,500	$89	57
8166 Lauder St	0.50mi	3/1.0	940 (+9%)	7mo	$113,000	$120	56
7517 Horger St	0.47mi	3/1.5	980 (+13%)	3mo	$274,000	$280	52
8160 Sussex St	0.71mi	3/1.0	960 (+11%)	1mo	$58,000	$60	48
8324 Coyle St	0.67mi	2/1.0 (-1)	800 (-7%)	8mo	$48,000	$60	44
7931 Payne St	0.70mi	2/1.0 (-1)	800 (-7%)	7mo	$135,000	$169	44
8249 Robson	0.63mi	3/1.0	972 (+12%)	9mo	$83,500	$86	42
8283 Sussex St	0.74mi	2/1.0 (-1)	777 (-10%)	4mo	$58,000	$75	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 14.1%
• Equity multiple: 1.54×
• Total profit: $11,397
• Equity at exit: $11,168

10-year hold

• IRR: 20.5%
• Equity multiple: 2.49×
• Total profit: $31,182
• Equity at exit: $6,476

Cash invested: $20,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48228

• Rents YoY: -2.3%
• Active inventory: 369
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $1,207 high
• Mortgage (P&I): −$393
• Tax from tax record: −$105 /mo · $1,260/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$253
• Net cashflow: $425

Break-even live

Break-even rent $670

Max offer price $74,900

Occupancy floor 60%

Sensitivity live

Price	-10% $467	-5% $446	+0% $425	+5% $403	+10% $382
Rent	-10% $329	-5% $377	+0% $425	+5% $472	+10% $520
Rate	-1.0pp $462	-0.5pp $444	base $425	+0.5pp $405	+1.0pp $385

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: $18,725
• Closing costs: $2,247
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8114 Marlowe St Unit home Detroit, MI	3.0	1.0	985	$1,350	$1.37	45d	1	0.45mi
8212 Lauder St Detroit, MI	3.0	1.0	1026	$1,150	$1.12	45d	1	0.52mi
8283 Pinehurst St Unit 2 Detroit, MI	2.0	1.0	1000	$900	$0.90	45d	1	0.71mi
9340 Hartwell St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	45d	1	0.79mi
8604 Whitcomb St Detroit, MI	3.0	2.0	1033	$1,300	$1.26	45d	1	0.85mi
14740 W Chicago Unit B Detroit, MI	2.0	1.0	900	$845	$0.94	45d	1	1.03mi
9386 Coyle St Detroit, MI	3.0	1.0	1000	$1,300	$1.30	3d	1	1.06mi
9590 Marlowe St Detroit, MI	2.0	1.0	877	$1,430	$1.63	45d	1	1.07mi
9558 Meyers Rd Detroit, MI	3.0	1.0	950	$1,150	$1.21	45d	1	1.12mi
13717 Keal St Detroit, MI	2.0	1.0	799	$1,000	$1.25	45d	1	1.16mi
9546 Sussex St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	45d	1	1.19mi
6225 Middlesex St Unit 5 Dearborn, MI	2.0	1.0	700	$950	$1.36	13d	1	1.23mi
6225 Middlesex St Unit 5 Dearborn, MI	2.0	1.0	700	$950	$1.36	5d	1	1.23mi
7419 Rutherford St Detroit, MI	2.0	1.0	981	$1,100	$1.12	0d	1	1.25mi
6406 Mead St Dearborn, MI	2.0	1.0	904	$1,100	$1.22	25d	1	1.26mi
9222 Forrer St Detroit, MI	3.0	1.0	947	$1,450	$1.53	18d	1	1.29mi
10303 Morley St #1 Detroit, MI	2.0	1.0	950	$950	$1.00	45d	1	1.29mi
9917 Sussex St Detroit, MI	2.0	1.0	800	$1,375	$1.72	45d	1	1.31mi
10015 Robson St Detroit, MI	3.0	2.0	1000	$1,400	$1.40	19d	1	1.34mi
10345 Crocuslawn Ave Unit 2 Detroit, MI	2.0	1.0	850	$950	$1.12	45d	1	1.34mi
10002 Manor Unit 2 Detroit, MI	3.0	1.0	1100	$1,150	$1.05	45d	1	1.36mi
10002 Manor Unit 1 Detroit, MI	2.0	1.0	1000	$1,050	$1.05	45d	1	1.36mi
9353 Kentucky St Detroit, MI	2.0	1.0	800	$999	$1.25	18d	1	1.38mi
9345 Rutherford St Unit 3 Detroit, MI	2.0	1.0	850	$1,050	$1.24	25d	1	1.45mi
12775 Plymouth Rd Unit 16 Detroit, MI	2.0	1.0	1009	$825	$0.82	45d	1	1.47mi
8544 Cloverlawn St Detroit, MI	2.0	1.0	800	$800	$1.00	18d	1	1.48mi
9973 Winthrop St Detroit, MI	3.0	1.0	960	$1,400	$1.46	45d	1	1.50mi
9936 Montrose St Detroit, MI	3.0	1.0	963	$1,200	$1.25	18d	1	1.50mi

Listing history 12 events

1. 2026-04-22
   status Pending 1876-char remark

   Show marketing remark (1876 chars)

   Discover this beautifully maintained 3-bedroom ranch tucked inside one of the most stable and high-demand pockets of the Tireman–Wyoming corridor. Offering the perfect blend of comfort, function, and affordability, this move-in-ready home is ideal for first-time buyers, downsizers, or investors seeking a low-maintenance, high-performing rental. Step inside to an open and sunlit living room featuring warm natural light, neutral paint tones, and durable flooring - creating a clean, inviting space that suits any décor style. The functional eat-in kitchen offers excellent cabinet storage, generous counter space, and easy access to the backyard, making meal prep and entertaining a breeze. All three bedrooms are bright and comfortable, each offering modern lighting, fresh finishes, and flexible layouts for sleeping, office, or guest use. The full bathroom is clean and updated with ceramic tile, crisp finishes, and practical storage. Outside, the home sits on an impressive 60×136 fenced lot - larger than average for the area - providing expansive outdoor space for pets, gatherings, gardening, or future enhancements. A convenient storage shed, concrete patio, and shaded areas make the backyard a standout feature. Vinyl windows, newer mechanicals, and a low maintenance exterior help keep ownership costs down while boosting long-term value. Located only minutes from shopping, dining, parks, schools, and I-96, this home offers quick access to westside amenities and major commuter routes. The neighborhood is known for its stable homeowner presence, strong rental demand, and consistent year-over-year activity. Whether you're looking for an easy turnkey home or an income-producing investment, 8154 Decatur delivers comfort, practicality, and long-term value. Immediate occupancy available - schedule your private showing today!

2. 2026-04-22
   status Pending

   Show marketing remark (1876 chars)

   Discover this beautifully maintained 3-bedroom ranch tucked inside one of the most stable and high-demand pockets of the Tireman–Wyoming corridor. Offering the perfect blend of comfort, function, and affordability, this move-in-ready home is ideal for first-time buyers, downsizers, or investors seeking a low-maintenance, high-performing rental. Step inside to an open and sunlit living room featuring warm natural light, neutral paint tones, and durable flooring - creating a clean, inviting space that suits any décor style. The functional eat-in kitchen offers excellent cabinet storage, generous counter space, and easy access to the backyard, making meal prep and entertaining a breeze. All three bedrooms are bright and comfortable, each offering modern lighting, fresh finishes, and flexible layouts for sleeping, office, or guest use. The full bathroom is clean and updated with ceramic tile, crisp finishes, and practical storage. Outside, the home sits on an impressive 60×136 fenced lot - larger than average for the area - providing expansive outdoor space for pets, gatherings, gardening, or future enhancements. A convenient storage shed, concrete patio, and shaded areas make the backyard a standout feature. Vinyl windows, newer mechanicals, and a low maintenance exterior help keep ownership costs down while boosting long-term value. Located only minutes from shopping, dining, parks, schools, and I-96, this home offers quick access to westside amenities and major commuter routes. The neighborhood is known for its stable homeowner presence, strong rental demand, and consistent year-over-year activity. Whether you're looking for an easy turnkey home or an income-producing investment, 8154 Decatur delivers comfort, practicality, and long-term value. Immediate occupancy available - schedule your private showing today!

3. 2026-01-28
   listed $74,900 Active 1876-char remark

   Show marketing remark (1876 chars)

   Discover this beautifully maintained 3-bedroom ranch tucked inside one of the most stable and high-demand pockets of the Tireman–Wyoming corridor. Offering the perfect blend of comfort, function, and affordability, this move-in-ready home is ideal for first-time buyers, downsizers, or investors seeking a low-maintenance, high-performing rental. Step inside to an open and sunlit living room featuring warm natural light, neutral paint tones, and durable flooring - creating a clean, inviting space that suits any décor style. The functional eat-in kitchen offers excellent cabinet storage, generous counter space, and easy access to the backyard, making meal prep and entertaining a breeze. All three bedrooms are bright and comfortable, each offering modern lighting, fresh finishes, and flexible layouts for sleeping, office, or guest use. The full bathroom is clean and updated with ceramic tile, crisp finishes, and practical storage. Outside, the home sits on an impressive 60×136 fenced lot - larger than average for the area - providing expansive outdoor space for pets, gatherings, gardening, or future enhancements. A convenient storage shed, concrete patio, and shaded areas make the backyard a standout feature. Vinyl windows, newer mechanicals, and a low maintenance exterior help keep ownership costs down while boosting long-term value. Located only minutes from shopping, dining, parks, schools, and I-96, this home offers quick access to westside amenities and major commuter routes. The neighborhood is known for its stable homeowner presence, strong rental demand, and consistent year-over-year activity. Whether you're looking for an easy turnkey home or an income-producing investment, 8154 Decatur delivers comfort, practicality, and long-term value. Immediate occupancy available - schedule your private showing today!

4. 2026-01-28
   listed $74,900 Active

   Show marketing remark (1876 chars)

   Discover this beautifully maintained 3-bedroom ranch tucked inside one of the most stable and high-demand pockets of the Tireman–Wyoming corridor. Offering the perfect blend of comfort, function, and affordability, this move-in-ready home is ideal for first-time buyers, downsizers, or investors seeking a low-maintenance, high-performing rental. Step inside to an open and sunlit living room featuring warm natural light, neutral paint tones, and durable flooring - creating a clean, inviting space that suits any décor style. The functional eat-in kitchen offers excellent cabinet storage, generous counter space, and easy access to the backyard, making meal prep and entertaining a breeze. All three bedrooms are bright and comfortable, each offering modern lighting, fresh finishes, and flexible layouts for sleeping, office, or guest use. The full bathroom is clean and updated with ceramic tile, crisp finishes, and practical storage. Outside, the home sits on an impressive 60×136 fenced lot - larger than average for the area - providing expansive outdoor space for pets, gatherings, gardening, or future enhancements. A convenient storage shed, concrete patio, and shaded areas make the backyard a standout feature. Vinyl windows, newer mechanicals, and a low maintenance exterior help keep ownership costs down while boosting long-term value. Located only minutes from shopping, dining, parks, schools, and I-96, this home offers quick access to westside amenities and major commuter routes. The neighborhood is known for its stable homeowner presence, strong rental demand, and consistent year-over-year activity. Whether you're looking for an easy turnkey home or an income-producing investment, 8154 Decatur delivers comfort, practicality, and long-term value. Immediate occupancy available - schedule your private showing today!

5. 2023-09-05
   soldstatus $55,000 Sold 631-char remark

   Show marketing remark (631 chars)

   * * * WELCOME HOME * * * READY FOR IMMEDIATE OCCUPANCY! GREAT INVESTMENT OPPORTUNITY OR STARTER HOME, DETROIT 3 BEDROOM RANCH STYLE HOME OFFERING YOU JUST UNDER 1000 SQFT OF ENTRY LEVEL LIVING SPACE, 1 FULL BATH, LARGE BACKYARD W/ SHED FOR EXTRA STORAGE, LARGE PATION IN BACK OF HOME- GREAT FOR ENTERTAINING! COMPLETELY FENCED YARD, NEUTRAL-DECOR THROUGHOUT, TASTEFULLY DECORATED, PLENTY OF WINDOWS ALLOW LOTS OF NATURAL SUNLIGHT, NICE SIZE EAT-IN KITCHEN, COZY LIVING ROOM, ALL GENEROUS SIZE BEDROOMS, FULL BATH WITH CERAMIC TILED FLOORS, CEILING FANS, WINDOW TREATMENT, MANY EXTRAS, CALL TO SCHEDULE A PRIVATE SHOWING TODAY!

6. 2023-09-05
   soldstatus $55,000 Closed

   Show marketing remark (631 chars)

   * * * WELCOME HOME * * * READY FOR IMMEDIATE OCCUPANCY! GREAT INVESTMENT OPPORTUNITY OR STARTER HOME, DETROIT 3 BEDROOM RANCH STYLE HOME OFFERING YOU JUST UNDER 1000 SQFT OF ENTRY LEVEL LIVING SPACE, 1 FULL BATH, LARGE BACKYARD W/ SHED FOR EXTRA STORAGE, LARGE PATION IN BACK OF HOME- GREAT FOR ENTERTAINING! COMPLETELY FENCED YARD, NEUTRAL-DECOR THROUGHOUT, TASTEFULLY DECORATED, PLENTY OF WINDOWS ALLOW LOTS OF NATURAL SUNLIGHT, NICE SIZE EAT-IN KITCHEN, COZY LIVING ROOM, ALL GENEROUS SIZE BEDROOMS, FULL BATH WITH CERAMIC TILED FLOORS, CEILING FANS, WINDOW TREATMENT, MANY EXTRAS, CALL TO SCHEDULE A PRIVATE SHOWING TODAY!

7. 2023-07-28
   status Pending

   Show marketing remark (631 chars)

   * * * WELCOME HOME * * * READY FOR IMMEDIATE OCCUPANCY! GREAT INVESTMENT OPPORTUNITY OR STARTER HOME, DETROIT 3 BEDROOM RANCH STYLE HOME OFFERING YOU JUST UNDER 1000 SQFT OF ENTRY LEVEL LIVING SPACE, 1 FULL BATH, LARGE BACKYARD W/ SHED FOR EXTRA STORAGE, LARGE PATION IN BACK OF HOME- GREAT FOR ENTERTAINING! COMPLETELY FENCED YARD, NEUTRAL-DECOR THROUGHOUT, TASTEFULLY DECORATED, PLENTY OF WINDOWS ALLOW LOTS OF NATURAL SUNLIGHT, NICE SIZE EAT-IN KITCHEN, COZY LIVING ROOM, ALL GENEROUS SIZE BEDROOMS, FULL BATH WITH CERAMIC TILED FLOORS, CEILING FANS, WINDOW TREATMENT, MANY EXTRAS, CALL TO SCHEDULE A PRIVATE SHOWING TODAY!

8. 2023-07-28
   status Pending 631-char remark

   Show marketing remark (631 chars)

   * * * WELCOME HOME * * * READY FOR IMMEDIATE OCCUPANCY! GREAT INVESTMENT OPPORTUNITY OR STARTER HOME, DETROIT 3 BEDROOM RANCH STYLE HOME OFFERING YOU JUST UNDER 1000 SQFT OF ENTRY LEVEL LIVING SPACE, 1 FULL BATH, LARGE BACKYARD W/ SHED FOR EXTRA STORAGE, LARGE PATION IN BACK OF HOME- GREAT FOR ENTERTAINING! COMPLETELY FENCED YARD, NEUTRAL-DECOR THROUGHOUT, TASTEFULLY DECORATED, PLENTY OF WINDOWS ALLOW LOTS OF NATURAL SUNLIGHT, NICE SIZE EAT-IN KITCHEN, COZY LIVING ROOM, ALL GENEROUS SIZE BEDROOMS, FULL BATH WITH CERAMIC TILED FLOORS, CEILING FANS, WINDOW TREATMENT, MANY EXTRAS, CALL TO SCHEDULE A PRIVATE SHOWING TODAY!

9. 2023-07-19
   price $59,700

   Show marketing remark (631 chars)

   * * * WELCOME HOME * * * READY FOR IMMEDIATE OCCUPANCY! GREAT INVESTMENT OPPORTUNITY OR STARTER HOME, DETROIT 3 BEDROOM RANCH STYLE HOME OFFERING YOU JUST UNDER 1000 SQFT OF ENTRY LEVEL LIVING SPACE, 1 FULL BATH, LARGE BACKYARD W/ SHED FOR EXTRA STORAGE, LARGE PATION IN BACK OF HOME- GREAT FOR ENTERTAINING! COMPLETELY FENCED YARD, NEUTRAL-DECOR THROUGHOUT, TASTEFULLY DECORATED, PLENTY OF WINDOWS ALLOW LOTS OF NATURAL SUNLIGHT, NICE SIZE EAT-IN KITCHEN, COZY LIVING ROOM, ALL GENEROUS SIZE BEDROOMS, FULL BATH WITH CERAMIC TILED FLOORS, CEILING FANS, WINDOW TREATMENT, MANY EXTRAS, CALL TO SCHEDULE A PRIVATE SHOWING TODAY!

10. 2023-07-19
    price $59,700 631-char remark

    Show marketing remark (631 chars)

    * * * WELCOME HOME * * * READY FOR IMMEDIATE OCCUPANCY! GREAT INVESTMENT OPPORTUNITY OR STARTER HOME, DETROIT 3 BEDROOM RANCH STYLE HOME OFFERING YOU JUST UNDER 1000 SQFT OF ENTRY LEVEL LIVING SPACE, 1 FULL BATH, LARGE BACKYARD W/ SHED FOR EXTRA STORAGE, LARGE PATION IN BACK OF HOME- GREAT FOR ENTERTAINING! COMPLETELY FENCED YARD, NEUTRAL-DECOR THROUGHOUT, TASTEFULLY DECORATED, PLENTY OF WINDOWS ALLOW LOTS OF NATURAL SUNLIGHT, NICE SIZE EAT-IN KITCHEN, COZY LIVING ROOM, ALL GENEROUS SIZE BEDROOMS, FULL BATH WITH CERAMIC TILED FLOORS, CEILING FANS, WINDOW TREATMENT, MANY EXTRAS, CALL TO SCHEDULE A PRIVATE SHOWING TODAY!

11. 2023-06-26
    listed $69,700 Active 631-char remark

    Show marketing remark (631 chars)

    * * * WELCOME HOME * * * READY FOR IMMEDIATE OCCUPANCY! GREAT INVESTMENT OPPORTUNITY OR STARTER HOME, DETROIT 3 BEDROOM RANCH STYLE HOME OFFERING YOU JUST UNDER 1000 SQFT OF ENTRY LEVEL LIVING SPACE, 1 FULL BATH, LARGE BACKYARD W/ SHED FOR EXTRA STORAGE, LARGE PATION IN BACK OF HOME- GREAT FOR ENTERTAINING! COMPLETELY FENCED YARD, NEUTRAL-DECOR THROUGHOUT, TASTEFULLY DECORATED, PLENTY OF WINDOWS ALLOW LOTS OF NATURAL SUNLIGHT, NICE SIZE EAT-IN KITCHEN, COZY LIVING ROOM, ALL GENEROUS SIZE BEDROOMS, FULL BATH WITH CERAMIC TILED FLOORS, CEILING FANS, WINDOW TREATMENT, MANY EXTRAS, CALL TO SCHEDULE A PRIVATE SHOWING TODAY!

12. 2023-06-26
    listed $69,700 Active

    Show marketing remark (631 chars)

    * * * WELCOME HOME * * * READY FOR IMMEDIATE OCCUPANCY! GREAT INVESTMENT OPPORTUNITY OR STARTER HOME, DETROIT 3 BEDROOM RANCH STYLE HOME OFFERING YOU JUST UNDER 1000 SQFT OF ENTRY LEVEL LIVING SPACE, 1 FULL BATH, LARGE BACKYARD W/ SHED FOR EXTRA STORAGE, LARGE PATION IN BACK OF HOME- GREAT FOR ENTERTAINING! COMPLETELY FENCED YARD, NEUTRAL-DECOR THROUGHOUT, TASTEFULLY DECORATED, PLENTY OF WINDOWS ALLOW LOTS OF NATURAL SUNLIGHT, NICE SIZE EAT-IN KITCHEN, COZY LIVING ROOM, ALL GENEROUS SIZE BEDROOMS, FULL BATH WITH CERAMIC TILED FLOORS, CEILING FANS, WINDOW TREATMENT, MANY EXTRAS, CALL TO SCHEDULE A PRIVATE SHOWING TODAY!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $1,260 · $105/mo
• Projected year-2 tax: $1,260 · $105/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 ≥96°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

Taxation est. · year 1

• Rental income: $14,485
• − Mortgage interest: −$4,196
• − Property taxes: −$1,260
• − Insurance: −$374
• − Repairs & maintenance: −$1,159
• − Management: −$1,159
• − Depreciation: −$2,179
• Taxable income: $4,159
• Est. tax owed @ 24.0%: −$998
• After-tax cash flow: $4,098/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Detroit Public Schools Community District
• NCES district ID: 2601103
• Math proficiency: 10% ▼ -2.00%
• Reading proficiency: 24% ▲ 6.00%
• Median HH income: $25,815
• Composite: 13.06/100
• National rank: #9564
• State rank: #499 of 540 in MI

Livability — Detroit

• Score: 73/100
• State rank: #218
• US rank: #5427

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Detroit, MI
• County: Wayne County · 1,562,939 people
• City population: 572,865
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 50,117
• Household income: $30,680
• Rent vs Own: 50.7% rent · 49.3% own
• Severe rent burden: 4144.0

Population outlook (Wayne County) Hauer SSP2

• Today (2025): 1,675,273 people
• By 2030: 1,620,300 · -3.3%
• By 2040: 1,502,341 · -10.3%
• By 2050: 1,384,039 · -17.4%
• By 2075: 1,124,592 · -32.9%
• By 2100: 881,193 · -47.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (71%)
• Race & ethnicity: Black 71% White 16% Two or more races 7% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Arab 2% Romanian 2% Lithuanian 1%
• Foreign-born: 11% · Canada
• Languages at home: 82% English-only · Arabic 11% Spanish 5%

Political lean MEDSL · Wayne

• 2024 margin: Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
• 2008→2024 swing: -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
• All cycles: 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -160.81%
• Current HPI: 168.6843
• Rent YoY: ▼ -2.30%
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

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

Price history

+7.5% since first listed

12 events — show timeline

• 2026-04-22 Pending — MiRealSource-MiMLS
• 2026-04-22 Pending — REALCOMP
• 2026-01-28 Listed $74,900 REALCOMP
• 2026-01-28 Listed $74,900 MiRealSource-MiMLS
• 2023-09-05 Sold (MLS) $55,000 MiRealSource-MiMLS
• 2023-09-05 Sold (MLS) $55,000 REALCOMP
• 2023-07-28 Pending — MiRealSource-MiMLS
• 2023-07-28 Pending — REALCOMP
• 2023-07-19 Price Changed $59,700 MiRealSource-MiMLS
• 2023-07-19 Price Changed $59,700 REALCOMP
• 2023-06-26 Listed $69,700 MiRealSource-MiMLS
• 2023-06-26 Listed $69,700 REALCOMP

Property tax history

+8.7%/yr

Latest (2025): $1,260 · -54.0% YoY. Source: county tax records.