CashFlowRE
Sign in Sign up
16226 Santa Rosa Dr
C Composite 57.61
Why this score? — see what drove the C grade

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

  • Cash flow +23.4/30.0
  • ARV discount +9.4/15.0
  • DSCR +7.5/10.0
  • 1% rule +6.5/10.0
  • Livability +3.7/5.0
  • Rent growth +3.4/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$104,900

16226 Santa Rosa Dr · Detroit, MI 48221
2 bd · 1.0 ba · 760 sqft · SingleFamily public records · 237 Days on market
Built 1941 3,920 sqft lot $138/sqft · 15% above area Est $110k · at est. ↓ 4% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

* Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

Key facts

  • Turnkey convenience
  • Newer appliances
  • Finished basement

Tags

FINISHED BASEMENTNEWER APPLIANCESFULLY FURNISHEDTURNKEY CONVENIENCE

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 2-bed/1.0-bath single-family listed at $105k.

Deal economics

  • At list price, monthly cash flow is $193 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $105k).
  • Recommended offer: $92k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
  • Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+3.4%/yr); 349 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $725 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.

Negotiation context

  • It's been on market 237 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts since 3y ago; this cycle's ask has dropped $50k (32%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $92,312 (12.0% below list)

Questions for the listing agent

  1. It's been on market 237 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1941 — 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
1.15%
Cap rate
8.50%
Cash-on-cash
7.89%
DSCR
1.35
GRM
7.3

CMA / ARV

ARV (median comp)
$109,601
List price
$104,900
Delta
-4.29%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 8 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
16898 Lilac St 0.38mi 2/1.0 814 (+7%) 0mo $62,000 $76 70
6445 SW Globe St S 0.35mi 2/1.0 795 (+5%) 18mo $30,000 $38 61
7326 Ellsworth St 0.67mi 2/1.0 756 (-0%) 13mo $35,000 $46 57
15893 Alden St 0.62mi 2/1.5 836 (+10%) 1mo $24,000 $29 52
16135 Cherrylawn St 0.63mi 3/1.0 (+1) 816 (+7%) 7mo $70,000 $86 47
15841 Tuller St 0.36mi 3/1.0 (+1) 816 (+7%) 23mo $27,200 $33 47
7300 Ellsworth St 0.66mi 2/1.0 836 (+10%) 10mo $30,000 $36 44
15865 Princeton St 0.73mi 2/1.0 714 (-6%) 16mo $59,000 $83 43

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 · 3.44% rent growth · sell at horizon

5-year hold
IRR
-3.7%
Equity multiple
0.86×
Total profit
$-4,125
Equity at exit
$15,641
10-year hold
IRR
6.5%
Equity multiple
1.50×
Total profit
$14,623
Equity at exit
$9,070

Cash invested: $29,372 (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 48221

Rents YoY
3.4%
Active inventory
349
Price-to-rent
7.3×

Monthly cashflow live

Estimated rent
$1,205 high interval (Pro) →
Mortgage (P&I)
$550
Tax from tax record
$165 /mo · $1,984/yr
Insurance
$44
HOA
$0
Vacancy / Maint / Mgmt
$253
Net cashflow
$193

Break-even live

Break-even rent $961
Max offer price $104,900
Occupancy floor 79%

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
$26,225
Closing costs
$3,147
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
16722 Tuller St Detroit, MI 3.0 1.5 1100 $1,500 $1.36 16d 1 0.34mi
7350 Globe St Detroit, MI 3.0 1.0 1000 $1,550 $1.55 3d 1 0.36mi
17145 Santa Rosa Dr Unit 1 Detroit, MI 3.0 1.0 1050 $1,400 $1.33 17d 1 0.40mi
17150 Santa Rosa Dr Detroit, MI 1.0 1.0 950 $1,250 $1.32 17d 1 0.41mi
17147 Monica St Unit 2 1 Detroit, MI 2.0 1.0 900 $975 $1.08 24d 1 0.41mi
15771 Turner St Detroit, MI 2.0 1.0 1000 $1,049 $1.05 43d 1 0.44mi
17215 Warrington Dr Detroit, MI 2.0 1.0 1015 $2,000 $1.97 43d 1 0.49mi
17551 Santa Rosa Dr Detroit, MI 2.0 1.0 1036 $1,095 $1.06 43d 1 0.66mi
15906 Alden St Detroit, MI 3.0 1.0 1030 $1,150 $1.12 16d 1 0.67mi
17159 Northlawn St Unit 17161 Detroit, MI 2.0 1.0 1122 $975 $0.87 4d 1 0.69mi
16174 Princeton St Unit 2 Detroit, MI 2.0 1.0 985 $1,100 $1.12 43d 1 0.73mi
16174 Princeton St Detroit, MI 2.0 1.0 985 $1,100 $1.12 19d 1 0.73mi
16230 Indiana St Unit 2 Detroit, MI 2.0 1.0 1050 $1,200 $1.14 17d 1 0.75mi
15777 Wisconsin St Unit 77 Detroit, MI 2.0 1.0 900 $950 $1.06 4d 1 0.78mi
2623 W McNichols Rd Unit 23106 Detroit, MI 1.0 1.0 750 $1,075 $1.43 43d 1 0.80mi
15878 Kentucky St Detroit, MI 2.0 1.0 800 $900 $1.12 43d 1 0.83mi
14950 Stoepel St Detroit, MI 2.0 1.0 600 $900 $1.50 24d 1 0.83mi
15839 Kentucky St Detroit, MI 2.0 1.0 800 $1,200 $1.50 17d 1 0.86mi
15765 Washburn St Detroit, MI 2.0 1.0 1093 $950 $0.87 43d 1 0.99mi
16927 Inverness St Detroit, MI 2.0 1.0 897 $1,650 $1.84 16d 1 1.06mi
14656 Roselawn St Detroit, MI 3.0 1.0 1000 $1,200 $1.20 17d 1 1.08mi
15512 Mendota St Detroit, MI 2.0 1.0 931 $1,200 $1.29 4d 1 1.21mi
15512 Mendota St Apt 2 Detroit, MI 2.0 1.0 1000 $1,200 $1.20 43d 1 1.21mi
14550 Northlawn St Detroit, MI 3.0 2.0 950 $1,200 $1.26 16d 1 1.21mi
14570 Cherrylawn St Detroit, MI 3.0 1.0 840 $1,250 $1.49 12d 1 1.22mi
3808 Kendall St Unit 3 Detroit, MI 1.0 1.0 550 $700 $1.27 43d 1 1.29mi
15760 Monte Vista St Detroit, MI 2.0 1.0 1080 $1,250 $1.16 43d 1 1.29mi
19031 Livernois Unit F Detroit, MI 2.0 2.0 1100 $2,135 $1.94 43d 1 1.32mi
2034 Ewald Cir Detroit, MI 2.0 1.0 1000 $995 $0.99 4d 1 1.32mi
1875 Ewald Cir Unit 2E Detroit, MI 1.0 1.0 725 $875 $1.21 4d 1 1.33mi
1705 Oakman Blvd Unit 10 Detroit, MI 1.0 1.0 650 $895 $1.38 23d 1 1.35mi
1705 Oakman Blvd Unit 5 Detroit, MI 1.0 1.0 650 $895 $1.38 43d 1 1.35mi
17150 Meyers Rd Detroit, MI 1.0–2.0 1.0 775 $975 $1.26 43d 2 1.36mi
2341 Ewald Cir Unit 3 Detroit, MI 1.0 1.0 600 $900 $1.50 43d 1 1.38mi
18461 Washburn St Detroit, MI 1.0 1.0 690 $775 $1.12 43d 1 1.42mi
17701 Manderson Rd Unit 104 Highland Park, MI 1.0 1.0 750 $950 $1.27 43d 1 1.44mi
17701 Manderson Rd Unit 202 Highland Park, MI 1.0 1.0 750 $900 $1.20 43d 1 1.44mi
17701 MANDERSON Detroit, MI 1.0 1.0 750 $925 $1.23 16d 9 1.44mi
17765 Manderson Rd Unit 22 Highland Park, MI 1.0 1.0 935 $1,245 $1.33 24d 1 1.45mi
17765 Manderson Rd Unit 8 Highland Park, MI 2.0 1.0 1000 $1,215 $1.22 1d 1 1.45mi

Listing history 50 events

  1. 2026-06-18
    days on market $104,900 Active 237 DOM
  2. 2026-06-17
    days on market $104,900 Active 236 DOM
  3. 2026-06-15
    days on market $104,900 Active 234 DOM
  4. 2026-06-13
    days on market $104,900 Active 232 DOM
  5. 2026-06-13
    days on market $104,900 Active 231 DOM
  6. 2026-06-09
    days on market $104,900 Active 228 DOM
  7. 2026-06-08
    days on market $104,900 Active 227 DOM
  8. 2026-06-07
    days on market $104,900 Active 226 DOM
  9. 2026-06-04
    days on market $104,900 Active 223 DOM
  10. 2026-06-03
    days on market $104,900 Active 222 DOM
  11. 2026-06-01
    days on market $104,900 Active 220 DOM
  12. 2026-05-31
    days on market $104,900 Active 219 DOM
  13. 2026-05-09
    price $109,900 455-char remark
    Show marketing remark (455 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  14. 2026-05-08
    status Active 455-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  15. 2026-05-08
    status Active 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  16. 2026-05-08
    price $109,900 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  17. 2026-01-29
    status Pending 456-char remark
    Show marketing remark (455 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  18. 2026-01-29
    status Pending 455-char remark
    Show marketing remark (455 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  19. 2026-01-11
    price $115,000 455-char remark
    Show marketing remark (455 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  20. 2026-01-10
    price $115,000 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  21. 2026-01-04
    status Active 455-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  22. 2026-01-04
    status Active 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  23. 2025-11-10
    status Pending 455-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  24. 2025-11-10
    status Pending 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  25. 2025-11-02
    historical Accepting Backup Offers 455-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  26. 2025-11-02
    historical Active Under Contract 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  27. 2025-09-15
    price $122,900 455-char remark
    Show marketing remark (455 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  28. 2025-09-14
    price $122,900 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  29. 2025-09-05
    price $124,900 455-char remark
    Show marketing remark (455 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  30. 2025-09-04
    price $124,900 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  31. 2025-08-19
    status Active 455-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  32. 2025-08-19
    status Active 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  33. 2025-08-15
    price $126,900 455-char remark
    Show marketing remark (455 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  34. 2025-08-14
    price $126,900 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  35. 2025-07-28
    historical Accepting Backup Offers 455-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  36. 2025-07-28
    historical Active Under Contract 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  37. 2025-07-17
    price $129,900 455-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  38. 2025-07-17
    price $129,900 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  39. 2025-07-03
    price $134,900 455-char remark
    Show marketing remark (455 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  40. 2025-07-02
    price $134,900 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  41. 2025-06-26
    price $139,900 455-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  42. 2025-06-26
    price $139,900 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  43. 2025-06-09
    price $144,900 455-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  44. 2025-06-09
    price $144,900 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  45. 2025-05-31
    price $149,900 455-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  46. 2025-05-31
    price $149,900 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  47. 2025-05-17
    listed $154,900 Active 455-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  48. 2025-05-17
    listed $154,900 Active 456-char remark
    Show marketing remark (456 chars)

    * Comes Fully Furnished! * As seen on HGTV! This uniquely designed, 2-bedroom Detroit gem offers a rare opportunity to own a show-stopping property that blends high design with turnkey convenience. Styled by a professional designer and equipped with newer appliances, this home is being sold fully furnished, just bring your bags or your Airbnb profile! A full basement adds extra usable space, perfect for guests, entertainment, or additional storage.

  49. 2023-05-04
    soldstatus $114,900
  50. 2023-04-28
    soldstatus $114,990 Sold

ⓘ 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
$1,984 · $165/mo
Projected year-2 tax
$1,984 · $165/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

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$14,465
− Mortgage interest
−$5,876
− Property taxes
−$1,984
− Insurance
−$524
− Repairs & maintenance
−$1,157
− Management
−$1,157
− Depreciation
−$3,052
Taxable income
$714
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$171
After-tax cash flow
$2,146/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)
41,392
Household income
$57,878
Rent vs Own
34.0% rent · 66.0% own
Severe rent burden
1646.0

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 (85%)
Race & ethnicity
Black 85% White 8% Two or more races 4% Asian 1%
Common ancestry
Romanian 1% Lithuanian 1%
Foreign-born
2% · Canada
Languages at home
97% English-only · Spanish 1% Other Indo-European 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
▼ -433.14%
Current HPI
280.5434
Rent YoY
▲ 3.44%
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

-4.4% since first listed
45 events — show timeline
  • 2026-05-09 Price Changed $109,900 MiRealSource-MiMLS
  • 2026-05-08 Relisted MiRealSource-MiMLS
  • 2026-05-08 Relisted REALCOMP
  • 2026-05-08 Price Changed $109,900 REALCOMP
  • 2026-01-29 Pending REALCOMP
  • 2026-01-29 Pending MiRealSource-MiMLS
  • 2026-01-11 Price Changed $115,000 MiRealSource-MiMLS
  • 2026-01-10 Price Changed $115,000 REALCOMP
  • 2026-01-04 Relisted MiRealSource-MiMLS
  • 2026-01-04 Relisted REALCOMP
  • 2025-11-10 Pending MiRealSource-MiMLS
  • 2025-11-10 Pending REALCOMP
  • 2025-11-02 Contingent MiRealSource-MiMLS
  • 2025-11-02 Contingent REALCOMP
  • 2025-09-15 Price Changed $122,900 MiRealSource-MiMLS
  • 2025-09-14 Price Changed $122,900 REALCOMP
  • 2025-09-05 Price Changed $124,900 MiRealSource-MiMLS
  • 2025-09-04 Price Changed $124,900 REALCOMP
  • 2025-08-19 Relisted MiRealSource-MiMLS
  • 2025-08-19 Relisted REALCOMP
  • 2025-08-15 Price Changed $126,900 MiRealSource-MiMLS
  • 2025-08-14 Price Changed $126,900 REALCOMP
  • 2025-07-28 Contingent MiRealSource-MiMLS
  • 2025-07-28 Contingent REALCOMP
  • 2025-07-17 Price Changed $129,900 MiRealSource-MiMLS
  • 2025-07-17 Price Changed $129,900 REALCOMP
  • 2025-07-03 Price Changed $134,900 MiRealSource-MiMLS
  • 2025-07-02 Price Changed $134,900 REALCOMP
  • 2025-06-26 Price Changed $139,900 MiRealSource-MiMLS
  • 2025-06-26 Price Changed $139,900 REALCOMP
  • 2025-06-09 Price Changed $144,900 MiRealSource-MiMLS
  • 2025-06-09 Price Changed $144,900 REALCOMP
  • 2025-05-31 Price Changed $149,900 MiRealSource-MiMLS
  • 2025-05-31 Price Changed $149,900 REALCOMP
  • 2025-05-17 Listed $154,900 REALCOMP
  • 2025-05-17 Listed $154,900 MiRealSource-MiMLS
  • 2023-05-04 Sold (Public Records) $114,900 Public Records
  • 2023-04-28 Sold (MLS) $114,990 MiRealSource-MiMLS
  • 2023-04-28 Sold (MLS) $114,990 REALCOMP
  • 2023-03-18 Pending MiRealSource-MiMLS
  • 2023-03-18 Pending REALCOMP
  • 2023-03-11 Listed $114,900 MiRealSource-MiMLS
  • 2023-03-11 Listed $114,900 REALCOMP
  • 2023-03-09 Coming Soon $114,900 MiRealSource-MiMLS
  • 2023-03-09 Coming Soon $114,900 REALCOMP

Property tax history

+7.1%/yr

Latest (2025): $1,984 · -37.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…