14828 Heyden St · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 2/10 · Minimal
- Hot days now (above 99°F)
- 7 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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 +10.7/15.0
- DSCR +10.0/10.0
- 1% rule +8.9/10.0
- Livability +3.7/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$94,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Charming 3-bedroom, 1-bath brick colonial situated on a rare 80 ft double lot with a 1-car detached garage. This home offers excellent space inside and out, along with numerous recent updates that enhance comfort and value. Interior improvements include updated flooring throughout, refreshed kitchen cabinets, recessed lighting and modern fixtures, fresh paint, vinyl windows, and abundant natural light. The bathroom has been updated, and the basement is clean and well-maintained. Mechanical updates include a newer furnace and hot water tank. Exterior features include a spacious yard ideal for outdoor activities, gardening, or future expansion, plus a classic brick that adds curb appeal, wood floors This property is a Bankruptcy Court–ordered sale and is being sold as-is. All offers are subject to court approval, and the required court addendum must be signed. Seller to choose title company; no split closings permitted. Located in a well-established Detroit neighborhood close to parks, schools, shopping, dining, and major roadways. Convenient access to local amenities, community centers, and nearby business districts. A great opportunity to own a solid brick home on an oversized lot in a desirable area with strong community appeal.
Key facts
- 9,148 sq ft lot
- Garage
- Built 1944
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $95k.
Deal economics
- At list price, monthly cash flow is $365 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $95k).
- Recommended offer: $93k (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: 158 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 49% 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).
- This rent runs 36% of the median local income ($45k/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 $656 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 + 3.0% rent growth), your $27k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- It's been on market 17 days — a 2% lower offer ($93k) is reasonable based on typical stale-listing flexibility.
- 4 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 1944 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1944 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.39% ✓
- Cap rate
- 10.91%
- Cash-on-cash
- 16.48%
- DSCR
- 1.73
- GRM
- 6.0
CMA / ARV
- ARV (on-the-fly)
- $102,256
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 19400 Lyndon St | 0.38mi | 3/2.0 | 1,169 (+1%) | 9mo | $70,000 | $60 | 70 |
| 15340 Heyden St | 0.37mi | 3/1.0 | 1,125 (-3%) | 9mo | $87,000 | $77 | 70 |
| 15452 Stout St | 0.50mi | 3/1.0 | 1,110 (-4%) | 8mo | $152,000 | $137 | 62 |
| 15776 Evergreen Rd | 0.67mi | 3/1.0 | 1,122 (-3%) | 4mo | $60,000 | $53 | 59 |
| 15518 Kentfield St | 0.55mi | 3/1.5 | 1,092 (-6%) | 4mo | $165,500 | $152 | 59 |
| 15751 Vaughan St | 0.63mi | 3/1.5 | 1,244 (+7%) | 2mo | $110,000 | $88 | 55 |
| 14171 Plainview Ave | 0.48mi | 3/1.0 | 1,040 (-10%) | 7mo | $41,000 | $39 | 54 |
| 15754 Evergreen Rd | 0.65mi | 3/1.0 | 1,091 (-6%) | 9mo | $67,000 | $61 | 52 |
| 19431 Lyndon St | 0.38mi | 2/1.0 (-1) | 990 (-15%) | 7mo | $36,500 | $37 | 47 |
| 15776 Vaughan St | 0.67mi | 3/1.5 | 1,255 (+8%) | 9mo | $165,000 | $131 | 46 |
| 14840 Artesian St | 0.61mi | 3/2.5 | 1,300 (+12%) | 0mo | $289,000 | $222 | 45 |
| 14392 Warwick St | 0.61mi | 2/1.0 (-1) | 1,333 (+15%) | 6mo | $145,000 | $109 | 37 |
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 · 3.0% rent growth · sell at horizon
- IRR
- 7.6%
- Equity multiple
- 1.30×
- Total profit
- $7,899
- Equity at exit
- $14,150
- IRR
- 16.9%
- Equity multiple
- 2.39×
- Total profit
- $36,946
- Equity at exit
- $8,205
Cash invested: $26,572 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 62 Landlord-Friendly
- State Michigan
- 62 Landlord-Friendly · EVEN
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 48223
- Active inventory
- 158
- Price-to-rent
- 6.0×
Monthly cashflow live
- Estimated rent
- $1,322 high interval (Pro) →
- Mortgage (P&I)
- −$498
- Tax from tax record
- −$142 /mo · $1,708/yr
- Insurance
- −$40
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$278
- Net cashflow
- $365
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $23,725
- Closing costs
- $2,847
- 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 35 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 14541 Kentfield St Detroit, MI | 3.0 | 1.0 | 797 | $1,300 | $1.63 | 17d | 1 | 0.16mi |
| 15318 Kentfield St Detroit, MI | 3.0 | 1.5 | 900 | $1,400 | $1.56 | 44d | 1 | 0.36mi |
| 19431 Lyndon St Detroit, MI | 2.0 | 1.0 | 1000 | $1,275 | $1.27 | 44d | 1 | 0.36mi |
| 14258 Plainview Ave Detroit, MI | 3.0 | 1.0 | 918 | $1,200 | $1.31 | 44d | 1 | 0.39mi |
| 14347 Westwood St Detroit, MI | 2.0 | 1.0 | 706 | $1,200 | $1.70 | 24d | 1 | 0.44mi |
| 15340 Braile St Detroit, MI | 3.0 | 1.0 | 883 | $1,000 | $1.13 | 5d | 1 | 0.48mi |
| 15519 Plainview Ave Detroit, MI | 3.0 | 1.0 | 900 | $1,396 | $1.55 | 17d | 1 | 0.55mi |
| 15712 Vaughan St Detroit, MI | 3.0 | 1.0 | 1280 | $1,400 | $1.09 | 15d | 1 | 0.60mi |
| 15712 Evergreen Rd Detroit, MI | 2.0 | 1.0 | 850 | $1,050 | $1.24 | 44d | 1 | 0.60mi |
| 15815 Evergreen Rd Detroit, MI | 3.0 | 1.0 | 1350 | $1,300 | $0.96 | 44d | 1 | 0.72mi |
| 15829 Minock St Detroit, MI | 3.0 | 1.5 | 1200 | $1,550 | $1.29 | 24d | 1 | 0.74mi |
| 14177 Bentler St Detroit, MI | 4.0 | 1.0 | 1000 | $1,475 | $1.48 | 44d | 1 | 0.80mi |
| 13500 Heyden St Detroit, MI | 2.0 | 1.0 | 850 | $1,200 | $1.41 | 44d | 1 | 0.83mi |
| 16194 Fielding St Unit 2 Detroit, MI | 2.0 | 1.0 | 750 | $950 | $1.27 | 15d | 1 | 0.93mi |
| 19050 W Davison St Detroit, MI | 3.0 | 1.0 | 1118 | $1,400 | $1.25 | 44d | 1 | 0.98mi |
| 13514 Stahelin Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 18d | 1 | 1.05mi |
| 22241 Lyndon St Detroit, MI | 3.0 | 1.0 | 960 | $1,100 | $1.15 | 17d | 1 | 1.09mi |
| 13591 Faust Ave Detroit, MI | 2.0 | 1.0 | 1000 | $1,275 | $1.27 | 44d | 1 | 1.11mi |
| 12867 Westbrook St Detroit, MI | 2.0 | 1.0 | 736 | $1,050 | $1.43 | 44d | 1 | 1.11mi |
| 12950 Glastonbury Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 24d | 1 | 1.12mi |
| 13581 Penrod St Detroit, MI | 4.0 | 1.0 | 1152 | $1,200 | $1.04 | 44d | 1 | 1.16mi |
| 14716 Archdale St Detroit, MI | 2.0 | 1.0 | 900 | $1,100 | $1.22 | 44d | 1 | 1.17mi |
| 16717 Trinity St Detroit, MI | 3.0 | 1.5 | 1101 | $1,250 | $1.14 | 44d | 1 | 1.20mi |
| 12941 Penrod St Detroit, MI | 2.0 | 1.0 | 1000 | $1,275 | $1.27 | 44d | 1 | 1.23mi |
| 12875 Faust Ave Detroit, MI | 2.0 | 1.0 | 735 | $1,200 | $1.63 | 5d | 1 | 1.23mi |
| 12880 Dolson St Detroit, MI | 1.0–2.0 | 1.0 | 750 | $1,200 | $1.60 | 44d | 6 | 1.25mi |
| 12944 Rosemont Ave Detroit, MI | 2.0 | 1.0 | 800 | $1,050 | $1.31 | 5d | 1 | 1.30mi |
| 13600 Southfield Fwy Detroit, MI | 2.0 | 1.0 | 848 | $1,100 | $1.30 | 5d | 1 | 1.32mi |
| 12850 Dolphin St Detroit, MI | 1.0–2.0 | 1.0 | 746 | $999 | $1.34 | 5d | 4 | 1.36mi |
| 16823 Stahelin Ave Detroit, MI | 3.0 | 2.5 | 1500 | $1,600 | $1.07 | 18d | 1 | 1.39mi |
| 14280 Bramell St Detroit, MI | 3.0 | 1.0 | 1100 | $1,500 | $1.36 | 17d | 1 | 1.41mi |
| 16700 Lahser Rd Apt 18 Detroit, MI | 2.0 | 1.0 | 750 | $900 | $1.20 | 44d | 1 | 1.41mi |
| 12084 Vaughan St Detroit, MI | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 17d | 1 | 1.43mi |
| 15065 Gilchrist St Detroit, MI | 3.0 | 1.0 | 1100 | $1,250 | $1.14 | 44d | 1 | 1.44mi |
| 15847 Chatham St Detroit, MI | 3.0 | 1.0 | 909 | $1,325 | $1.46 | 5d | 1 | 1.45mi |
Listing history 9 events
-
2026-04-27status Pending 1268-char remark
Show marketing remark (1268 chars)
Charming 3-bedroom, 1-bath brick colonial situated on a rare 80 ft double lot with a 1-car detached garage. This home offers excellent space inside and out, along with numerous recent updates that enhance comfort and value. Interior improvements include updated flooring throughout, refreshed kitchen cabinets, recessed lighting and modern fixtures, fresh paint, vinyl windows, and abundant natural light. The bathroom has been updated, and the basement is clean and well-maintained. Mechanical updates include a newer furnace and hot water tank. Exterior features include a spacious yard ideal for outdoor activities, gardening, or future expansion, plus a classic brick that adds curb appeal, wood floors This property is a Bankruptcy Court–ordered sale and is being sold as-is. All offers are subject to court approval, and the required court addendum must be signed. Seller to choose title company; no split closings permitted. Located in a well-established Detroit neighborhood close to parks, schools, shopping, dining, and major roadways. Convenient access to local amenities, community centers, and nearby business districts. A great opportunity to own a solid brick home on an oversized lot in a desirable area with strong community appeal.
-
2026-04-27status Pending
Show marketing remark (1268 chars)
Charming 3-bedroom, 1-bath brick colonial situated on a rare 80 ft double lot with a 1-car detached garage. This home offers excellent space inside and out, along with numerous recent updates that enhance comfort and value. Interior improvements include updated flooring throughout, refreshed kitchen cabinets, recessed lighting and modern fixtures, fresh paint, vinyl windows, and abundant natural light. The bathroom has been updated, and the basement is clean and well-maintained. Mechanical updates include a newer furnace and hot water tank. Exterior features include a spacious yard ideal for outdoor activities, gardening, or future expansion, plus a classic brick that adds curb appeal, wood floors This property is a Bankruptcy Court–ordered sale and is being sold as-is. All offers are subject to court approval, and the required court addendum must be signed. Seller to choose title company; no split closings permitted. Located in a well-established Detroit neighborhood close to parks, schools, shopping, dining, and major roadways. Convenient access to local amenities, community centers, and nearby business districts. A great opportunity to own a solid brick home on an oversized lot in a desirable area with strong community appeal.
-
2026-04-16status Active 1268-char remark
Show marketing remark (1268 chars)
Charming 3-bedroom, 1-bath brick colonial situated on a rare 80 ft double lot with a 1-car detached garage. This home offers excellent space inside and out, along with numerous recent updates that enhance comfort and value. Interior improvements include updated flooring throughout, refreshed kitchen cabinets, recessed lighting and modern fixtures, fresh paint, vinyl windows, and abundant natural light. The bathroom has been updated, and the basement is clean and well-maintained. Mechanical updates include a newer furnace and hot water tank. Exterior features include a spacious yard ideal for outdoor activities, gardening, or future expansion, plus a classic brick that adds curb appeal, wood floors This property is a Bankruptcy Court–ordered sale and is being sold as-is. All offers are subject to court approval, and the required court addendum must be signed. Seller to choose title company; no split closings permitted. Located in a well-established Detroit neighborhood close to parks, schools, shopping, dining, and major roadways. Convenient access to local amenities, community centers, and nearby business districts. A great opportunity to own a solid brick home on an oversized lot in a desirable area with strong community appeal.
-
2026-04-16status Active
Show marketing remark (1268 chars)
Charming 3-bedroom, 1-bath brick colonial situated on a rare 80 ft double lot with a 1-car detached garage. This home offers excellent space inside and out, along with numerous recent updates that enhance comfort and value. Interior improvements include updated flooring throughout, refreshed kitchen cabinets, recessed lighting and modern fixtures, fresh paint, vinyl windows, and abundant natural light. The bathroom has been updated, and the basement is clean and well-maintained. Mechanical updates include a newer furnace and hot water tank. Exterior features include a spacious yard ideal for outdoor activities, gardening, or future expansion, plus a classic brick that adds curb appeal, wood floors This property is a Bankruptcy Court–ordered sale and is being sold as-is. All offers are subject to court approval, and the required court addendum must be signed. Seller to choose title company; no split closings permitted. Located in a well-established Detroit neighborhood close to parks, schools, shopping, dining, and major roadways. Convenient access to local amenities, community centers, and nearby business districts. A great opportunity to own a solid brick home on an oversized lot in a desirable area with strong community appeal.
-
2026-04-14status Pending 1268-char remark
Show marketing remark (1268 chars)
Charming 3-bedroom, 1-bath brick colonial situated on a rare 80 ft double lot with a 1-car detached garage. This home offers excellent space inside and out, along with numerous recent updates that enhance comfort and value. Interior improvements include updated flooring throughout, refreshed kitchen cabinets, recessed lighting and modern fixtures, fresh paint, vinyl windows, and abundant natural light. The bathroom has been updated, and the basement is clean and well-maintained. Mechanical updates include a newer furnace and hot water tank. Exterior features include a spacious yard ideal for outdoor activities, gardening, or future expansion, plus a classic brick that adds curb appeal, wood floors This property is a Bankruptcy Court–ordered sale and is being sold as-is. All offers are subject to court approval, and the required court addendum must be signed. Seller to choose title company; no split closings permitted. Located in a well-established Detroit neighborhood close to parks, schools, shopping, dining, and major roadways. Convenient access to local amenities, community centers, and nearby business districts. A great opportunity to own a solid brick home on an oversized lot in a desirable area with strong community appeal.
-
2026-04-14status Pending
Show marketing remark (1268 chars)
Charming 3-bedroom, 1-bath brick colonial situated on a rare 80 ft double lot with a 1-car detached garage. This home offers excellent space inside and out, along with numerous recent updates that enhance comfort and value. Interior improvements include updated flooring throughout, refreshed kitchen cabinets, recessed lighting and modern fixtures, fresh paint, vinyl windows, and abundant natural light. The bathroom has been updated, and the basement is clean and well-maintained. Mechanical updates include a newer furnace and hot water tank. Exterior features include a spacious yard ideal for outdoor activities, gardening, or future expansion, plus a classic brick that adds curb appeal, wood floors This property is a Bankruptcy Court–ordered sale and is being sold as-is. All offers are subject to court approval, and the required court addendum must be signed. Seller to choose title company; no split closings permitted. Located in a well-established Detroit neighborhood close to parks, schools, shopping, dining, and major roadways. Convenient access to local amenities, community centers, and nearby business districts. A great opportunity to own a solid brick home on an oversized lot in a desirable area with strong community appeal.
-
2026-04-09$94,900 Active 1268-char remark
Show marketing remark (1268 chars)
Charming 3-bedroom, 1-bath brick colonial situated on a rare 80 ft double lot with a 1-car detached garage. This home offers excellent space inside and out, along with numerous recent updates that enhance comfort and value. Interior improvements include updated flooring throughout, refreshed kitchen cabinets, recessed lighting and modern fixtures, fresh paint, vinyl windows, and abundant natural light. The bathroom has been updated, and the basement is clean and well-maintained. Mechanical updates include a newer furnace and hot water tank. Exterior features include a spacious yard ideal for outdoor activities, gardening, or future expansion, plus a classic brick that adds curb appeal, wood floors This property is a Bankruptcy Court–ordered sale and is being sold as-is. All offers are subject to court approval, and the required court addendum must be signed. Seller to choose title company; no split closings permitted. Located in a well-established Detroit neighborhood close to parks, schools, shopping, dining, and major roadways. Convenient access to local amenities, community centers, and nearby business districts. A great opportunity to own a solid brick home on an oversized lot in a desirable area with strong community appeal.
-
2026-04-09$94,900 Active
Show marketing remark (1268 chars)
Charming 3-bedroom, 1-bath brick colonial situated on a rare 80 ft double lot with a 1-car detached garage. This home offers excellent space inside and out, along with numerous recent updates that enhance comfort and value. Interior improvements include updated flooring throughout, refreshed kitchen cabinets, recessed lighting and modern fixtures, fresh paint, vinyl windows, and abundant natural light. The bathroom has been updated, and the basement is clean and well-maintained. Mechanical updates include a newer furnace and hot water tank. Exterior features include a spacious yard ideal for outdoor activities, gardening, or future expansion, plus a classic brick that adds curb appeal, wood floors This property is a Bankruptcy Court–ordered sale and is being sold as-is. All offers are subject to court approval, and the required court addendum must be signed. Seller to choose title company; no split closings permitted. Located in a well-established Detroit neighborhood close to parks, schools, shopping, dining, and major roadways. Convenient access to local amenities, community centers, and nearby business districts. A great opportunity to own a solid brick home on an oversized lot in a desirable area with strong community appeal.
-
2026-04-08historical $94,900 1268-char remark
Show marketing remark (1268 chars)
Charming 3-bedroom, 1-bath brick colonial situated on a rare 80 ft double lot with a 1-car detached garage. This home offers excellent space inside and out, along with numerous recent updates that enhance comfort and value. Interior improvements include updated flooring throughout, refreshed kitchen cabinets, recessed lighting and modern fixtures, fresh paint, vinyl windows, and abundant natural light. The bathroom has been updated, and the basement is clean and well-maintained. Mechanical updates include a newer furnace and hot water tank. Exterior features include a spacious yard ideal for outdoor activities, gardening, or future expansion, plus a classic brick that adds curb appeal, wood floors This property is a Bankruptcy Court–ordered sale and is being sold as-is. All offers are subject to court approval, and the required court addendum must be signed. Seller to choose title company; no split closings permitted. Located in a well-established Detroit neighborhood close to parks, schools, shopping, dining, and major roadways. Convenient access to local amenities, community centers, and nearby business districts. A great opportunity to own a solid brick home on an oversized lot in a desirable area with strong community appeal.
ⓘ 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
- $1,708 · $142/mo
- Projected year-2 tax
- $1,708 · $142/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 2/10 Low 7 d/yr ≥99°F today · 14 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $15,865
- − Mortgage interest
- −$5,316
- − Property taxes
- −$1,708
- − Insurance
- −$474
- − Repairs & maintenance
- −$1,269
- − Management
- −$1,269
- − Depreciation
- −$2,761
- Taxable income
- $3,068
- Est. tax owed @ 24.0%
- −$736
- After-tax cash flow
- $3,643/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Detroit Public Schools Community District
- NCES district ID
- 2601103
- Math proficiency
- 10% ▼ -2.00%
- Reading proficiency
- 24% ▲ 6.00%
- Median HH income
- $25,815
- Composite
- 13.06/100
- National rank
- #9564
- State rank
- #499 of 540 in MI
Livability — Detroit
- Score
- 73/100
- State rank
- #218
- US rank
- #5427
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Detroit, MI
- County
- Wayne County · 1,562,939 people
- City population
- 572,865
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 22,622
- Household income
- $44,512
- Rent vs Own
- Severe rent burden
- 1151.0
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 (86%)
- Race & ethnicity
- Black 86% White 7% Two or more races 5% Hispanic / Latino 2%
- Common ancestry
- Romanian 1% Iranian 1%
- Foreign-born
- 1% · Canada
- Languages at home
- 97% English-only · Spanish 2%
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
- ▼ -303.41%
- Current HPI
- 138.2779
- Rent YoY
- —
- Metro
- Detroit-Warren-Dearborn, MI
- State GDP YoY
- ▲ 1.37%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in MI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Automotive Parts | 3 | $48B |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
+0.0% since first listed9 events — show timeline
- 2026-04-27 Pending — MiRealSource-MiMLS
- 2026-04-27 Pending — REALCOMP
- 2026-04-16 Relisted — MiRealSource-MiMLS
- 2026-04-16 Relisted — REALCOMP
- 2026-04-14 Pending — MiRealSource-MiMLS
- 2026-04-14 Pending — REALCOMP
- 2026-04-09 Listed $94,900 MiRealSource-MiMLS
- 2026-04-09 Listed $94,900 REALCOMP
- 2026-04-08 Coming Soon $94,900 MiRealSource-MiMLS
Property tax history
+5.9%/yrLatest (2025): $1,708 · -54.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…