19721 Littlefield St · Detroit, MI 48235

$138,900

3 bd · 1.5 ba · 1,523 sqft · SingleFamily public records · 22 Days on market

Built 1941 4,792 sqft lot Est $120k · 15% over

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Why this score? — see what drove the D+ grade

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

• Cash flow +23.0/30.0
• DSCR +7.4/10.0
• 1% rule +5.5/10.0
• Livability +3.7/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• ARV discount +0.5/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this spacious brick home in Detroit's established Littlefield Community, offering over 1,500 square feet of well-designed living space and incredible potential. Step inside to find a generously sized living room with fireplace, a formal dining room, and a layout that flows comfortably for everyday living and entertaining. One of the standout features of this home is the heated all-season room just off the dining area - a bright and versatile space perfect for a sitting room, home office, or year-round retreat. While the property is in good overall condition, it presents an excellent opportunity for updates and customization to truly make it your own. The basement includes an existing toilet and offers a strong foundation for finishing, creating additional living space, a recreation area, or added value for future use. Conveniently located near W Outer Drive with access to nearby parks, schools, and neighborhood amenities, this property is positioned in a well-established area with ongoing growth and revitalization. Schedule your private showing today - contact Joyce Hunter. Sold as-is. Seller to make no repairs. All room sizes and measurements are estimated and should be independently verified.

Key facts

• Access to schools
• Brick home
• 4,792 sq ft lot

Tags

• BRICK HOME
• HEATED ALL SEASON ROOM
• EXISTING TOILET IN BASEMENT
• ACCESS TO NEARBY PARKS
• ACCESS TO SCHOOLS
• NEIGHBORHOOD AMENITIES

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $139k.

Deal economics

• At list price, monthly cash flow is $246 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $139k).
• Recommended offer: $137k (1.5% 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 (+3.2%/yr); 283 active listings in the ZIP; 14 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 $960 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($137k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $136,816 (1.5% below list)

Questions for the listing agent

1. Built in 1941 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 1.05% ✓
• Cap rate: 8.42%
• Cash-on-cash: 7.60%
• DSCR: 1.34
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $120,317
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
20100 Appoline St	0.40mi	3/1.5	1,500 (-2%)	2mo	$90,000	$60	77
13517 Pembroke Ave	0.15mi	3/1.5	1,386 (-9%)	4mo	$92,000	$66	75
20164 Tracey St	0.40mi	3/1.5	1,461 (-4%)	2mo	$115,000	$79	73
18927 Stansbury St	0.60mi	3/2.0	1,523 (0%)	1mo	$98,000	$64	69
20031 Ardmore St	0.48mi	2/1.5 (-1)	1,500 (-2%)	2mo	$105,000	$70	69
18945 Littlefield St	0.47mi	3/1.5	1,473 (-3%)	4mo	$180,000	$122	69
20187 Appoline St	0.44mi	3/1.5	1,657 (+9%)	4mo	$110,000	$66	62
19360 Strathmoor St	0.60mi	3/1.5	1,596 (+5%)	3mo	$145,000	$91	61
18714 Appoline St	0.61mi	3/1.5	1,623 (+7%)	4mo	$162,500	$100	57
19994 Meyers Rd	0.41mi	3/1.0	1,700 (+12%)	4mo	$45,000	$26	56
19445 Hubbell St	0.66mi	3/1.0	1,660 (+9%)	2mo	$165,000	$99	51
18921 Lesure St	0.57mi	3/1.0	1,706 (+12%)	3mo	$215,000	$126	48

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: -4.4%
• Equity multiple: 0.83×
• Total profit: $-6,466
• Equity at exit: $20,710

10-year hold

• IRR: 5.5%
• Equity multiple: 1.41×
• Total profit: $16,026
• Equity at exit: $12,010

Cash invested: $38,892 (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 48235

• Rents YoY: 3.2%
• Active inventory: 283
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,453 high
• Mortgage (P&I): −$728
• Tax from tax record: −$115 /mo · $1,381/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$305
• Net cashflow: $246

Break-even live

Break-even rent $1,141

Max offer price $138,900

Occupancy floor 78%

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: $34,725
• Closing costs: $4,167
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
20426 Tracey St Detroit, MI	3.0	1.0	1200	$1,200	$1.00	24d	1	0.48mi
20042 Freeland St Detroit, MI	3.0	1.5	1445	$1,400	$0.97	16d	1	0.49mi
18964 Coyle St Detroit, MI	3.0	1.0	1300	$1,350	$1.04	2d	1	0.99mi
18257 Mark Twain St Detroit, MI	3.0	1.0	1185	$1,507	$1.27	16d	1	1.00mi
20185 Indiana St Detroit, MI	2.0	1.5	1096	$1,275	$1.16	43d	1	1.02mi
20009 Wisconsin St Detroit, MI	3.0	1.5	1051	$1,400	$1.33	17d	1	1.03mi
18935 Indiana St Detroit, MI	3.0	1.0	1248	$1,523	$1.22	4d	1	1.08mi
19986 Cherrylawn St Detroit, MI	4.0	1.5	1144	$1,700	$1.49	17d	1	1.17mi
17540 Pinehurst St Detroit, MI	3.0	1.0	1200	$1,395	$1.16	43d	1	1.24mi
20110 Northlawn St Detroit, MI	3.0	1.0	1100	$1,350	$1.23	17d	1	1.24mi
21850 Coolidge Hwy #203 Oak Park, MI	3.0	2.0	1100	$1,700	$1.55	4d	1	1.28mi
18481 Prest St Detroit, MI	3.0	1.5	1100	$1,300	$1.18	19d	1	1.30mi
18675 Forrer St Detroit, MI	3.0	1.0	1200	$1,225	$1.02	4d	1	1.42mi
19503 Mansfield St Detroit, MI	3.0	1.0	1200	$1,350	$1.12	16d	1	1.47mi

Listing history 4 events

1. 2026-04-10
   status Pending 1224-char remark

   Show marketing remark (1224 chars)

   Welcome to this spacious brick home in Detroit's established Littlefield Community, offering over 1,500 square feet of well-designed living space and incredible potential. Step inside to find a generously sized living room with fireplace, a formal dining room, and a layout that flows comfortably for everyday living and entertaining. One of the standout features of this home is the heated all-season room just off the dining area - a bright and versatile space perfect for a sitting room, home office, or year-round retreat. While the property is in good overall condition, it presents an excellent opportunity for updates and customization to truly make it your own. The basement includes an existing toilet and offers a strong foundation for finishing, creating additional living space, a recreation area, or added value for future use. Conveniently located near W Outer Drive with access to nearby parks, schools, and neighborhood amenities, this property is positioned in a well-established area with ongoing growth and revitalization. Schedule your private showing today - contact Joyce Hunter. Sold as-is. Seller to make no repairs. All room sizes and measurements are estimated and should be independently verified.

2. 2026-04-10
   status Pending

   Show marketing remark (1224 chars)

   Welcome to this spacious brick home in Detroit's established Littlefield Community, offering over 1,500 square feet of well-designed living space and incredible potential. Step inside to find a generously sized living room with fireplace, a formal dining room, and a layout that flows comfortably for everyday living and entertaining. One of the standout features of this home is the heated all-season room just off the dining area - a bright and versatile space perfect for a sitting room, home office, or year-round retreat. While the property is in good overall condition, it presents an excellent opportunity for updates and customization to truly make it your own. The basement includes an existing toilet and offers a strong foundation for finishing, creating additional living space, a recreation area, or added value for future use. Conveniently located near W Outer Drive with access to nearby parks, schools, and neighborhood amenities, this property is positioned in a well-established area with ongoing growth and revitalization. Schedule your private showing today - contact Joyce Hunter. Sold as-is. Seller to make no repairs. All room sizes and measurements are estimated and should be independently verified.

3. 2026-03-18
   listed $138,900 Active 1224-char remark

   Show marketing remark (1224 chars)

   Welcome to this spacious brick home in Detroit's established Littlefield Community, offering over 1,500 square feet of well-designed living space and incredible potential. Step inside to find a generously sized living room with fireplace, a formal dining room, and a layout that flows comfortably for everyday living and entertaining. One of the standout features of this home is the heated all-season room just off the dining area - a bright and versatile space perfect for a sitting room, home office, or year-round retreat. While the property is in good overall condition, it presents an excellent opportunity for updates and customization to truly make it your own. The basement includes an existing toilet and offers a strong foundation for finishing, creating additional living space, a recreation area, or added value for future use. Conveniently located near W Outer Drive with access to nearby parks, schools, and neighborhood amenities, this property is positioned in a well-established area with ongoing growth and revitalization. Schedule your private showing today - contact Joyce Hunter. Sold as-is. Seller to make no repairs. All room sizes and measurements are estimated and should be independently verified.

4. 2026-03-18
   listed $138,900 Active

   Show marketing remark (1224 chars)

   Welcome to this spacious brick home in Detroit's established Littlefield Community, offering over 1,500 square feet of well-designed living space and incredible potential. Step inside to find a generously sized living room with fireplace, a formal dining room, and a layout that flows comfortably for everyday living and entertaining. One of the standout features of this home is the heated all-season room just off the dining area - a bright and versatile space perfect for a sitting room, home office, or year-round retreat. While the property is in good overall condition, it presents an excellent opportunity for updates and customization to truly make it your own. The basement includes an existing toilet and offers a strong foundation for finishing, creating additional living space, a recreation area, or added value for future use. Conveniently located near W Outer Drive with access to nearby parks, schools, and neighborhood amenities, this property is positioned in a well-established area with ongoing growth and revitalization. Schedule your private showing today - contact Joyce Hunter. Sold as-is. Seller to make no repairs. All room sizes and measurements are estimated and should be independently verified.

ⓘ 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: $1,381 · $115/mo
• Projected year-2 tax: $1,760 · $147/mo
• Expected delta: +$379/yr (+$32/mo · 27.4%)

ⓘ 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 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,433
• − Mortgage interest: −$7,781
• − Property taxes: −$1,381
• − Insurance: −$694
• − Repairs & maintenance: −$1,395
• − Management: −$1,395
• − Depreciation: −$4,041
• Taxable income: $747
• Est. tax owed @ 24.0%: −$179
• After-tax cash flow: $2,777/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
▸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

+0.0% since first listed

4 events — show timeline

• 2026-04-10 Pending — MiRealSource-MiMLS
• 2026-04-10 Pending — REALCOMP
• 2026-03-18 Listed $138,900 REALCOMP
• 2026-03-18 Listed $138,900 MiRealSource-MiMLS

Property tax history

-5.4%/yr

Latest (2025): $1,381 · -37.3% YoY. Source: county tax records.