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18691 Marlowe St
B+ Composite 75.77
Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Livability +3.7/5.0
  • Rent growth +3.3/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$89,000

18691 Marlowe St · Detroit, MI 48235
3 bd · 1.5 ba · 1,633 sqft · SingleFamily public records · 25 Days on market
Built 1940 5,663 sqft lot Est $175k · 49% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Spacious 3-bedroom, 2 full bath HUD home offering classic charm and generous living space throughout. Beautiful hardwood floors flow seamlessly through the main living areas, enhancing the warmth and character of the home. The spacious kitchen provides ample cabinet and counter space, perfect for everyday living and entertaining. Enjoy gatherings in the formal dining room or relax in the inviting living room featuring a cozy fireplace. A separate family room offers additional flexibility for entertaining, a media space, or home office. The finished basement includes a convenient lav and expands the home's functional living area. Exterior highlights include security doors, a rear porch with deck ideal for outdoor enjoyment, and a 2-car garage. A wonderful opportunity with great potential for a homeowner. Bidding period for Owner Occupants, Government agencies and HUD approved Non profits ONLY!!!!!!!

Key facts

  • Formal dining room
  • Security doors
  • Rear porch with deck

Tags

HARDWOOD FLOORSFORMAL DINING ROOMCOZY FIREPLACEFINISHED BASEMENTSECURITY DOORSREAR PORCH WITH DECK

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/1.5-bath single-family listed at $89k.

Deal economics

  • At list price, monthly cash flow is $493 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $89k).
  • Recommended offer: $88k (1.5% below list) — sets the bar for market timing.
  • Cap rate 12.9% vs local median 10.2% in Detroit — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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 (+3.2%/yr); 283 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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).
  • This rent runs 44% of the median local income ($39k/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 $615 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 + 3.2% rent growth), your $25k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 25 days — a 2% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
  • 7 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.

Risks & watch-outs

  • Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $87,665 (1.5% below list)

Questions for the listing agent

  1. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.60%
Cap rate
12.93%
Cash-on-cash
23.72%
DSCR
2.06
GRM
5.2

CMA / ARV

ARV (on-the-fly)
$174,731
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
18517 Robson St 0.17mi 3/2.0 1,653 (+1%) 5mo $146,000 $88 84
19360 Strathmoor St 0.39mi 3/1.5 1,596 (-2%) 3mo $145,000 $91 75
19445 Hubbell St 0.47mi 3/1.0 1,660 (+2%) 2mo $165,000 $99 72
18927 Stansbury St 0.38mi 3/2.0 1,523 (-7%) 1mo $98,000 $64 68
18921 Lesure St 0.44mi 3/1.0 1,706 (+4%) 3mo $215,000 $126 67
19490 Hubbell St 0.51mi 3/2.0 1,595 (-2%) 5mo $80,000 $50 66
18689 Winthrop St 0.51mi 3/2.0 1,700 (+4%) 2mo $182,000 $107 65
19478 Winthrop St 0.67mi 3/1.5 1,674 (+2%) 1mo $175,000 $105 63
18953 Littlefield St 0.74mi 3/1.0 1,575 (-4%) 5mo $206,500 $131 54
19134 Montrose St 0.56mi 3/2.0 1,430 (-12%) 4mo $163,000 $114 48
19505 Tracey St 0.72mi 3/2.0 1,765 (+8%) 4mo $188,000 $107 47
18945 Littlefield St 0.74mi 3/1.5 1,473 (-10%) 4mo $180,000 $122 46

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 · 3.25% rent growth · sell at horizon

5-year hold
IRR
17.2%
Equity multiple
1.70×
Total profit
$17,344
Equity at exit
$13,270
10-year hold
IRR
25.9%
Equity multiple
3.29×
Total profit
$57,118
Equity at exit
$7,695

Cash invested: $24,920 (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 48235

Rents YoY
3.2%
Active inventory
283
Price-to-rent
5.2×

Monthly cashflow live

Estimated rent
$1,426 high interval (Pro) →
Mortgage (P&I)
$467
Tax from tax record
$130 /mo · $1,559/yr
Insurance
$37
HOA
$0
Vacancy / Maint / Mgmt
$299
Net cashflow
$493

Break-even live

Break-even rent $802
Max offer price $89,000
Occupancy floor 60%

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
$22,250
Closing costs
$2,670
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 20 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
18964 Coyle St Detroit, MI 3.0 1.0 1300 $1,350 $1.04 2d 1 0.22mi
18257 Mark Twain St Detroit, MI 3.0 1.0 1185 $1,507 $1.27 16d 1 0.29mi
18481 Prest St Detroit, MI 3.0 1.5 1100 $1,300 $1.18 19d 1 0.42mi
18675 Forrer St Detroit, MI 3.0 1.0 1200 $1,225 $1.02 4d 1 0.61mi
18400 Rutherford St Detroit, MI 3.0 1.0 1050 $1,400 $1.33 3d 1 0.74mi
20042 Freeland St Detroit, MI 3.0 1.5 1445 $1,400 $0.97 16d 1 0.87mi
19503 Mansfield St Detroit, MI 3.0 1.0 1200 $1,350 $1.12 16d 1 0.95mi
17165 Prevost St Detroit, MI 3.0 1.0 1060 $2,400 $2.26 1d 1 1.01mi
17201 Saint Marys St Detroit, MI 2.0 1.0 1200 $1,200 $1.00 2d 1 1.11mi
20426 Tracey St Detroit, MI 3.0 1.0 1200 $1,200 $1.00 24d 1 1.16mi
16505 Stansbury St Detroit, MI 3.0 1.0 1700 $1,345 $0.79 43d 1 1.19mi
16505 Stansbury St Detroit, MI 3.0 1.0 1100 $1,250 $1.14 10d 1 1.19mi
16151 Robson St Detroit, MI 3.0 1.0 1300 $1,525 $1.17 14d 1 1.26mi
17540 Pinehurst St Detroit, MI 3.0 1.0 1200 $1,395 $1.16 43d 1 1.33mi
19400 Harlow St Detroit, MI 4.0 1.0 1298 $1,275 $0.98 16d 1 1.34mi
16230 Cheyenne St Detroit, MI 3.0 1.0 1653 $1,450 $0.88 43d 1 1.41mi
15810 Robson St Detroit, MI 3.0 1.0 1142 $1,500 $1.31 24d 1 1.43mi
19816 Harlow St Detroit, MI 2.0 1.5 1704 $1,150 $0.67 17d 1 1.43mi
15762 Mark Twain St Detroit, MI 3.0 2.0 1430 $1,250 $0.87 16d 1 1.48mi
16535 Asbury Park Detroit, MI 3.0 1.5 1152 $1,450 $1.26 24d 1 1.50mi

Listing history 14 events

  1. 2026-03-24
    status Pending 911-char remark
    Show marketing remark (911 chars)

    Spacious 3-bedroom, 2 full bath HUD home offering classic charm and generous living space throughout. Beautiful hardwood floors flow seamlessly through the main living areas, enhancing the warmth and character of the home. The spacious kitchen provides ample cabinet and counter space, perfect for everyday living and entertaining. Enjoy gatherings in the formal dining room or relax in the inviting living room featuring a cozy fireplace. A separate family room offers additional flexibility for entertaining, a media space, or home office. The finished basement includes a convenient lav and expands the home's functional living area. Exterior highlights include security doors, a rear porch with deck ideal for outdoor enjoyment, and a 2-car garage. A wonderful opportunity with great potential for a homeowner. Bidding period for Owner Occupants, Government agencies and HUD approved Non profits ONLY!!!!!!!

  2. 2026-03-24
    status Pending
    Show marketing remark (911 chars)

    Spacious 3-bedroom, 2 full bath HUD home offering classic charm and generous living space throughout. Beautiful hardwood floors flow seamlessly through the main living areas, enhancing the warmth and character of the home. The spacious kitchen provides ample cabinet and counter space, perfect for everyday living and entertaining. Enjoy gatherings in the formal dining room or relax in the inviting living room featuring a cozy fireplace. A separate family room offers additional flexibility for entertaining, a media space, or home office. The finished basement includes a convenient lav and expands the home's functional living area. Exterior highlights include security doors, a rear porch with deck ideal for outdoor enjoyment, and a 2-car garage. A wonderful opportunity with great potential for a homeowner. Bidding period for Owner Occupants, Government agencies and HUD approved Non profits ONLY!!!!!!!

  3. 2026-03-20
    status Active 911-char remark
    Show marketing remark (911 chars)

    Spacious 3-bedroom, 2 full bath HUD home offering classic charm and generous living space throughout. Beautiful hardwood floors flow seamlessly through the main living areas, enhancing the warmth and character of the home. The spacious kitchen provides ample cabinet and counter space, perfect for everyday living and entertaining. Enjoy gatherings in the formal dining room or relax in the inviting living room featuring a cozy fireplace. A separate family room offers additional flexibility for entertaining, a media space, or home office. The finished basement includes a convenient lav and expands the home's functional living area. Exterior highlights include security doors, a rear porch with deck ideal for outdoor enjoyment, and a 2-car garage. A wonderful opportunity with great potential for a homeowner. Bidding period for Owner Occupants, Government agencies and HUD approved Non profits ONLY!!!!!!!

  4. 2026-03-20
    status Active
    Show marketing remark (911 chars)

    Spacious 3-bedroom, 2 full bath HUD home offering classic charm and generous living space throughout. Beautiful hardwood floors flow seamlessly through the main living areas, enhancing the warmth and character of the home. The spacious kitchen provides ample cabinet and counter space, perfect for everyday living and entertaining. Enjoy gatherings in the formal dining room or relax in the inviting living room featuring a cozy fireplace. A separate family room offers additional flexibility for entertaining, a media space, or home office. The finished basement includes a convenient lav and expands the home's functional living area. Exterior highlights include security doors, a rear porch with deck ideal for outdoor enjoyment, and a 2-car garage. A wonderful opportunity with great potential for a homeowner. Bidding period for Owner Occupants, Government agencies and HUD approved Non profits ONLY!!!!!!!

  5. 2026-03-17
    status Pending 911-char remark
    Show marketing remark (911 chars)

    Spacious 3-bedroom, 2 full bath HUD home offering classic charm and generous living space throughout. Beautiful hardwood floors flow seamlessly through the main living areas, enhancing the warmth and character of the home. The spacious kitchen provides ample cabinet and counter space, perfect for everyday living and entertaining. Enjoy gatherings in the formal dining room or relax in the inviting living room featuring a cozy fireplace. A separate family room offers additional flexibility for entertaining, a media space, or home office. The finished basement includes a convenient lav and expands the home's functional living area. Exterior highlights include security doors, a rear porch with deck ideal for outdoor enjoyment, and a 2-car garage. A wonderful opportunity with great potential for a homeowner. Bidding period for Owner Occupants, Government agencies and HUD approved Non profits ONLY!!!!!!!

  6. 2026-03-17
    status Pending
    Show marketing remark (911 chars)

    Spacious 3-bedroom, 2 full bath HUD home offering classic charm and generous living space throughout. Beautiful hardwood floors flow seamlessly through the main living areas, enhancing the warmth and character of the home. The spacious kitchen provides ample cabinet and counter space, perfect for everyday living and entertaining. Enjoy gatherings in the formal dining room or relax in the inviting living room featuring a cozy fireplace. A separate family room offers additional flexibility for entertaining, a media space, or home office. The finished basement includes a convenient lav and expands the home's functional living area. Exterior highlights include security doors, a rear porch with deck ideal for outdoor enjoyment, and a 2-car garage. A wonderful opportunity with great potential for a homeowner. Bidding period for Owner Occupants, Government agencies and HUD approved Non profits ONLY!!!!!!!

  7. 2026-03-16
    status Active 911-char remark
    Show marketing remark (911 chars)

    Spacious 3-bedroom, 2 full bath HUD home offering classic charm and generous living space throughout. Beautiful hardwood floors flow seamlessly through the main living areas, enhancing the warmth and character of the home. The spacious kitchen provides ample cabinet and counter space, perfect for everyday living and entertaining. Enjoy gatherings in the formal dining room or relax in the inviting living room featuring a cozy fireplace. A separate family room offers additional flexibility for entertaining, a media space, or home office. The finished basement includes a convenient lav and expands the home's functional living area. Exterior highlights include security doors, a rear porch with deck ideal for outdoor enjoyment, and a 2-car garage. A wonderful opportunity with great potential for a homeowner. Bidding period for Owner Occupants, Government agencies and HUD approved Non profits ONLY!!!!!!!

  8. 2026-03-16
    status Active
    Show marketing remark (911 chars)

    Spacious 3-bedroom, 2 full bath HUD home offering classic charm and generous living space throughout. Beautiful hardwood floors flow seamlessly through the main living areas, enhancing the warmth and character of the home. The spacious kitchen provides ample cabinet and counter space, perfect for everyday living and entertaining. Enjoy gatherings in the formal dining room or relax in the inviting living room featuring a cozy fireplace. A separate family room offers additional flexibility for entertaining, a media space, or home office. The finished basement includes a convenient lav and expands the home's functional living area. Exterior highlights include security doors, a rear porch with deck ideal for outdoor enjoyment, and a 2-car garage. A wonderful opportunity with great potential for a homeowner. Bidding period for Owner Occupants, Government agencies and HUD approved Non profits ONLY!!!!!!!

  9. 2026-03-11
    status Pending 911-char remark
    Show marketing remark (911 chars)

    Spacious 3-bedroom, 2 full bath HUD home offering classic charm and generous living space throughout. Beautiful hardwood floors flow seamlessly through the main living areas, enhancing the warmth and character of the home. The spacious kitchen provides ample cabinet and counter space, perfect for everyday living and entertaining. Enjoy gatherings in the formal dining room or relax in the inviting living room featuring a cozy fireplace. A separate family room offers additional flexibility for entertaining, a media space, or home office. The finished basement includes a convenient lav and expands the home's functional living area. Exterior highlights include security doors, a rear porch with deck ideal for outdoor enjoyment, and a 2-car garage. A wonderful opportunity with great potential for a homeowner. Bidding period for Owner Occupants, Government agencies and HUD approved Non profits ONLY!!!!!!!

  10. 2026-03-11
    status Pending
    Show marketing remark (911 chars)

    Spacious 3-bedroom, 2 full bath HUD home offering classic charm and generous living space throughout. Beautiful hardwood floors flow seamlessly through the main living areas, enhancing the warmth and character of the home. The spacious kitchen provides ample cabinet and counter space, perfect for everyday living and entertaining. Enjoy gatherings in the formal dining room or relax in the inviting living room featuring a cozy fireplace. A separate family room offers additional flexibility for entertaining, a media space, or home office. The finished basement includes a convenient lav and expands the home's functional living area. Exterior highlights include security doors, a rear porch with deck ideal for outdoor enjoyment, and a 2-car garage. A wonderful opportunity with great potential for a homeowner. Bidding period for Owner Occupants, Government agencies and HUD approved Non profits ONLY!!!!!!!

  11. 2026-03-07
    status Active 911-char remark
    Show marketing remark (911 chars)

    Spacious 3-bedroom, 2 full bath HUD home offering classic charm and generous living space throughout. Beautiful hardwood floors flow seamlessly through the main living areas, enhancing the warmth and character of the home. The spacious kitchen provides ample cabinet and counter space, perfect for everyday living and entertaining. Enjoy gatherings in the formal dining room or relax in the inviting living room featuring a cozy fireplace. A separate family room offers additional flexibility for entertaining, a media space, or home office. The finished basement includes a convenient lav and expands the home's functional living area. Exterior highlights include security doors, a rear porch with deck ideal for outdoor enjoyment, and a 2-car garage. A wonderful opportunity with great potential for a homeowner. Bidding period for Owner Occupants, Government agencies and HUD approved Non profits ONLY!!!!!!!

  12. 2026-03-02
    status Pending 911-char remark
    Show marketing remark (911 chars)

    Spacious 3-bedroom, 2 full bath HUD home offering classic charm and generous living space throughout. Beautiful hardwood floors flow seamlessly through the main living areas, enhancing the warmth and character of the home. The spacious kitchen provides ample cabinet and counter space, perfect for everyday living and entertaining. Enjoy gatherings in the formal dining room or relax in the inviting living room featuring a cozy fireplace. A separate family room offers additional flexibility for entertaining, a media space, or home office. The finished basement includes a convenient lav and expands the home's functional living area. Exterior highlights include security doors, a rear porch with deck ideal for outdoor enjoyment, and a 2-car garage. A wonderful opportunity with great potential for a homeowner. Bidding period for Owner Occupants, Government agencies and HUD approved Non profits ONLY!!!!!!!

  13. 2026-02-19
    listed $89,000 Active 911-char remark
    Show marketing remark (911 chars)

    Spacious 3-bedroom, 2 full bath HUD home offering classic charm and generous living space throughout. Beautiful hardwood floors flow seamlessly through the main living areas, enhancing the warmth and character of the home. The spacious kitchen provides ample cabinet and counter space, perfect for everyday living and entertaining. Enjoy gatherings in the formal dining room or relax in the inviting living room featuring a cozy fireplace. A separate family room offers additional flexibility for entertaining, a media space, or home office. The finished basement includes a convenient lav and expands the home's functional living area. Exterior highlights include security doors, a rear porch with deck ideal for outdoor enjoyment, and a 2-car garage. A wonderful opportunity with great potential for a homeowner. Bidding period for Owner Occupants, Government agencies and HUD approved Non profits ONLY!!!!!!!

  14. 2026-02-19
    listed $89,000 Active
    Show marketing remark (911 chars)

    Spacious 3-bedroom, 2 full bath HUD home offering classic charm and generous living space throughout. Beautiful hardwood floors flow seamlessly through the main living areas, enhancing the warmth and character of the home. The spacious kitchen provides ample cabinet and counter space, perfect for everyday living and entertaining. Enjoy gatherings in the formal dining room or relax in the inviting living room featuring a cozy fireplace. A separate family room offers additional flexibility for entertaining, a media space, or home office. The finished basement includes a convenient lav and expands the home's functional living area. Exterior highlights include security doors, a rear porch with deck ideal for outdoor enjoyment, and a 2-car garage. A wonderful opportunity with great potential for a homeowner. Bidding period for Owner Occupants, Government agencies and HUD approved Non profits ONLY!!!!!!!

ⓘ 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
$1,559 · $130/mo
Projected year-2 tax
$1,559 · $130/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 ≥98°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
$17,108
− Mortgage interest
−$4,985
− Property taxes
−$1,559
− Insurance
−$445
− Repairs & maintenance
−$1,369
− Management
−$1,369
− Depreciation
−$2,589
Taxable income
$4,793
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,150
After-tax cash flow
$4,761/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)
45,600
Household income
$39,265
Rent vs Own
46.5% rent · 53.5% own
Severe rent burden
3064.0

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 2% Hispanic / Latino 1%
Foreign-born
1% · Canada
Languages at home
98% English-only · 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
▼ -153.02%
Current HPI
263.6326
Rent YoY
▲ 3.25%
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

+0.0% since first listed
14 events — show timeline
  • 2026-03-24 Pending MiRealSource-MiMLS
  • 2026-03-24 Pending REALCOMP
  • 2026-03-20 Relisted MiRealSource-MiMLS
  • 2026-03-20 Relisted REALCOMP
  • 2026-03-17 Pending MiRealSource-MiMLS
  • 2026-03-17 Pending REALCOMP
  • 2026-03-16 Relisted MiRealSource-MiMLS
  • 2026-03-16 Relisted REALCOMP
  • 2026-03-11 Pending MiRealSource-MiMLS
  • 2026-03-11 Pending REALCOMP
  • 2026-03-07 Relisted MiRealSource-MiMLS
  • 2026-03-02 Pending MiRealSource-MiMLS
  • 2026-02-19 Listed $89,000 REALCOMP
  • 2026-02-19 Listed $89,000 MiRealSource-MiMLS

Property tax history

-5.4%/yr

Latest (2025): $1,559 · -9.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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