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20879 Beaufait St
F Composite 33.07
Why this score? — see what drove the F 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).

  • ARV discount +7.6/15.0
  • Cash flow +5.7/30.0
  • Schools +5.7/10.0
  • 1% rule +4.1/10.0
  • Rent growth +3.8/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • DSCR +0.1/10.0
  • Appreciation +0.0/10.0

$219,950

20879 Beaufait St · Harper Woods, MI 48225
4 bd · 1.5 ba · 1,386 sqft · SingleFamily public records · 11 Days on market
Built 1951 5,227 sqft lot $159/sqft · 34% above area Est $220k · at est.

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 20879 Beaufait - an updated all-brick bungalow in Harper Woods, located within the highly sought-after Grosse Pointe school district. Freshly painted and thoughtfully improved, this 4-bedroom, 2-bath home seamlessly blends classic character with modern convenience. A welcoming foyer opens to a spacious living room anchored by a cozy wood-burning fireplace, flowing into a generously sized dining room ideal for everyday living and entertaining. The remodeled kitchen is both stylish and functional, featuring quartz countertops, abundant new cabinetry, and ample prep space. The main level offers two comfortable bedrooms and an updated full bath, while the upper level provides two additional bedrooms with plentiful closet space and custom built-ins. The basement expands the living space with an updated bathroom, versatile flex room and ample storage. Mechanical updates include copper plumbing with PVC drains, a newer furnace (2017), hot water tank (2019), and central air (2024). Flooring throughout - hardwood, ceramic, and carpet - is well maintained, complemented by newer vinyl windows and interior doors. Outside, the home delivers strong curb appeal with a newer concrete driveway and walkway, a 1.5-car garage, and a private rear paver patio - perfect for relaxing or entertaining. A 2020 dimensional roof on both the house and garage adds further peace of mind. Ideally situated between I-94 and Mack Avenue, with easy access to downtown Detroit and the Grosse Pointe shops and dining along Mack, this move-in ready home offers comfort, convenience, and lasting value.

Key facts

  • Quartz countertops
  • Updated full bath
  • Remodeled kitchen

Tags

UPDATED ALL-BRICK BUNGALOWCOZY WOOD-BURNING FIREPLACEREMODELED KITCHENQUARTZ COUNTERTOPSABUNDANT NEW CABINETRYUPDATED FULL BATH

Property features AI

Finance

  • HOA & community: Neighborhood sidewalks

Exterior

  • Parking: Detached garage; Driveway; Approximately 1.5 garage spaces
  • Security: Smoke detectors; Carbon monoxide detectors
  • Utilities: Public water; Public sewer; Electric service with circuit breakers; Sewer available; Water available
  • Home design: Single-family residence; One and one-half stories; Ground-level entry with steps; Aluminum siding and brick exterior
  • Construction: Asphalt roof; Block foundation; Built with aluminum siding and brick
  • Exterior features: Covered porch; Patio; Outdoor lighting; Back yard fencing (fenced)

Interior

  • Kitchen: Free-standing gas range; Range hood; Dishwasher; Free-standing refrigerator
  • Bedrooms: Total rooms: 9
  • Bathrooms: 2 full bathrooms
  • Interior features: Entrance foyer; High-speed internet; Smart thermostat; Wood-burning fireplace in the living room; Basement partially finished with plumbing stubbed for bath
  • Laundry & utility: Washer; Dryer; Gas water heater

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 4-bed/1.5-bath single-family listed at $220k.

Deal economics

  • At list price, monthly cash flow is $-447 ($-5k/yr) — negative.
  • To cash-flow at today's rent, offer at most $188k (14.7% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $200k (9.1% below list).
  • Recommended offer: $188k (14.7% below list) — sets the bar for cash-flow.
  • Cap rate 3.9% vs local median 7.7% in Harper Woods — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

  • Location reads 73/100 on livability (#199 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, health & safety D+, schools D-.
  • Grosse Pointe Public Schools (suburban): math 56% / reading 68% proficiency, ranked #24 of 540 in MI (top 4%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 13% free/reduced lunch — higher-income household profile.
  • Market conditions: Rents rising fast (+5.1%/yr); 133 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • This rent runs 39% of the median local income ($62k/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 $2k of loan paydown is wiped out by about $7k 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

  • Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
  • 16 sale attempts since 30y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: property tax is 4.3% of price; built in 1951 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $187,703 (14.7% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are D-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. 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?
  8. 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.
  9. 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.
  10. 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
0.91%
Cap rate
3.85%
Cash-on-cash
-8.71%
DSCR
0.61
GRM
9.2

CMA / ARV

ARV (median comp)
$220,200
List price
$219,950
Delta
-0.11%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
20488 Fleetwood Dr 0.30mi 4/1.5 1,401 (+1%) 4mo $189,900 $136 81
1992 Lennon St 0.33mi 3/1.0 (-1) 1,400 (+1%) 4mo $275,000 $196 72
20640 Fleetwood Dr 0.22mi 3/1.0 (-1) 1,300 (-6%) 1mo $125,000 $96 72
1866 Country Club Rd 0.48mi 3/1.5 (-1) 1,367 (-1%) 1mo $299,000 $219 70
2202 Hollywood Ave 0.40mi 3/1.0 (-1) 1,340 (-3%) 0mo $207,000 $154 68
20631 Lochmoor St 0.31mi 3/2.5 (-1) 1,311 (-5%) 2mo $219,000 $167 66
20260 Lancaster St 0.47mi 4/2.0 1,272 (-8%) 1mo $112,700 $89 62
21720 Chalon St 0.69mi 3/1.5 (-1) 1,333 (-4%) 1mo $260,000 $195 56
1809 Roslyn Rd 0.71mi 3/2.0 (-1) 1,363 (-2%) 3mo $270,000 $198 55
1906 Oxford Rd 0.58mi 3/1.0 (-1) 1,510 (+9%) 2mo $285,000 $189 50
20860 Ridgemont Rd 0.41mi 4/2.5 1,180 (-15%) 4mo $40,000 $34 49
19935 Damman St 0.68mi 3/2.0 (-1) 1,511 (+9%) 3mo $186,000 $123 44

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 · 5.1% rent growth · sell at horizon

5-year hold
IRR
-28.2%
Equity multiple
0.03×
Total profit
$-59,455
Equity at exit
$32,795
10-year hold
IRR
-18.2%
Equity multiple
-0.11×
Total profit
$-68,561
Equity at exit
$19,017

Cash invested: $61,586 (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 48225

Rents YoY
5.1%
Active inventory
133
Price-to-rent
9.2×

Monthly cashflow live

Estimated rent
$2,000 high interval (Pro) →
Mortgage (P&I)
$1,153
Tax from tax record
$782 /mo · $9,385/yr
Insurance
$92
HOA
$0
Vacancy / Maint / Mgmt
$420
Net cashflow
$-447

Break-even live

Break-even rent $2,566
Max offer price $187,703
Occupancy floor

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
$54,988
Closing costs
$6,598
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 12 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1992 Hawthorne Rd Grosse Pointe Woods, MI 3.0 2.0 1071 $2,100 $1.96 10d 1 0.45mi
1883 Lochmoor Blvd Grosse Pointe Woods, MI 3.0 2.5 1744 $2,900 $1.66 1d 1 0.49mi
20270 Hollywood St Harper Woods, MI 3.0 1.0 1228 $1,650 $1.34 1d 1 0.57mi
20015 Lochmoor St Harper Woods, MI 3.0 1.0 1006 $1,500 $1.49 16d 1 0.58mi
1150 Anita Ave Grosse Pointe Woods, MI 3.0 1.5 1129 $2,600 $2.30 10d 1 1.13mi
1150 Anita Ave Grosse Pointe Woods, MI 3.0 1.5 1829 $2,600 $1.42 43d 1 1.13mi
20461 Kingsville St Harper Woods, MI 4.0 1.0 1100 $1,399 $1.27 14d 1 1.31mi
19661 Kenosha St Harper Woods, MI 3.0 2.0 1000 $1,400 $1.40 24d 1 1.35mi
20625 Elizabeth St Saint Clair Shores, MI 3.0 2.0 1074 $1,895 $1.76 43d 1 1.40mi
19152 Woodside St Harper Woods, MI 3.0 1.0 916 $1,500 $1.64 17d 1 1.42mi
19168 Berden St Grosse Pointe, MI 3.0 1.0 1200 $1,800 $1.50 1d 1 1.45mi
20926 Moross Rd Grosse Pointe, MI 3.0 1.0 1200 $1,350 $1.12 43d 1 1.46mi

Listing history 48 events

  1. 2026-05-05
    status Pending 1596-char remark
    Show marketing remark (1596 chars)

    Welcome to 20879 Beaufait - an updated all-brick bungalow in Harper Woods, located within the highly sought-after Grosse Pointe school district. Freshly painted and thoughtfully improved, this 4-bedroom, 2-bath home seamlessly blends classic character with modern convenience. A welcoming foyer opens to a spacious living room anchored by a cozy wood-burning fireplace, flowing into a generously sized dining room ideal for everyday living and entertaining. The remodeled kitchen is both stylish and functional, featuring quartz countertops, abundant new cabinetry, and ample prep space. The main level offers two comfortable bedrooms and an updated full bath, while the upper level provides two additional bedrooms with plentiful closet space and custom built-ins. The basement expands the living space with an updated bathroom, versatile flex room and ample storage. Mechanical updates include copper plumbing with PVC drains, a newer furnace (2017), hot water tank (2019), and central air (2024). Flooring throughout - hardwood, ceramic, and carpet - is well maintained, complemented by newer vinyl windows and interior doors. Outside, the home delivers strong curb appeal with a newer concrete driveway and walkway, a 1.5-car garage, and a private rear paver patio - perfect for relaxing or entertaining. A 2020 dimensional roof on both the house and garage adds further peace of mind. Ideally situated between I-94 and Mack Avenue, with easy access to downtown Detroit and the Grosse Pointe shops and dining along Mack, this move-in ready home offers comfort, convenience, and lasting value.

  2. 2026-05-05
    status Pending 1612-char remark
    Show marketing remark (1596 chars)

    Welcome to 20879 Beaufait - an updated all-brick bungalow in Harper Woods, located within the highly sought-after Grosse Pointe school district. Freshly painted and thoughtfully improved, this 4-bedroom, 2-bath home seamlessly blends classic character with modern convenience. A welcoming foyer opens to a spacious living room anchored by a cozy wood-burning fireplace, flowing into a generously sized dining room ideal for everyday living and entertaining. The remodeled kitchen is both stylish and functional, featuring quartz countertops, abundant new cabinetry, and ample prep space. The main level offers two comfortable bedrooms and an updated full bath, while the upper level provides two additional bedrooms with plentiful closet space and custom built-ins. The basement expands the living space with an updated bathroom, versatile flex room and ample storage. Mechanical updates include copper plumbing with PVC drains, a newer furnace (2017), hot water tank (2019), and central air (2024). Flooring throughout - hardwood, ceramic, and carpet - is well maintained, complemented by newer vinyl windows and interior doors. Outside, the home delivers strong curb appeal with a newer concrete driveway and walkway, a 1.5-car garage, and a private rear paver patio - perfect for relaxing or entertaining. A 2020 dimensional roof on both the house and garage adds further peace of mind. Ideally situated between I-94 and Mack Avenue, with easy access to downtown Detroit and the Grosse Pointe shops and dining along Mack, this move-in ready home offers comfort, convenience, and lasting value.

  3. 2026-05-04
    historical Accepting Backup Offers 1596-char remark
    Show marketing remark (1596 chars)

    Welcome to 20879 Beaufait - an updated all-brick bungalow in Harper Woods, located within the highly sought-after Grosse Pointe school district. Freshly painted and thoughtfully improved, this 4-bedroom, 2-bath home seamlessly blends classic character with modern convenience. A welcoming foyer opens to a spacious living room anchored by a cozy wood-burning fireplace, flowing into a generously sized dining room ideal for everyday living and entertaining. The remodeled kitchen is both stylish and functional, featuring quartz countertops, abundant new cabinetry, and ample prep space. The main level offers two comfortable bedrooms and an updated full bath, while the upper level provides two additional bedrooms with plentiful closet space and custom built-ins. The basement expands the living space with an updated bathroom, versatile flex room and ample storage. Mechanical updates include copper plumbing with PVC drains, a newer furnace (2017), hot water tank (2019), and central air (2024). Flooring throughout - hardwood, ceramic, and carpet - is well maintained, complemented by newer vinyl windows and interior doors. Outside, the home delivers strong curb appeal with a newer concrete driveway and walkway, a 1.5-car garage, and a private rear paver patio - perfect for relaxing or entertaining. A 2020 dimensional roof on both the house and garage adds further peace of mind. Ideally situated between I-94 and Mack Avenue, with easy access to downtown Detroit and the Grosse Pointe shops and dining along Mack, this move-in ready home offers comfort, convenience, and lasting value.

  4. 2026-05-04
    historical Active Under Contract 1612-char remark
    Show marketing remark (1596 chars)

    Welcome to 20879 Beaufait - an updated all-brick bungalow in Harper Woods, located within the highly sought-after Grosse Pointe school district. Freshly painted and thoughtfully improved, this 4-bedroom, 2-bath home seamlessly blends classic character with modern convenience. A welcoming foyer opens to a spacious living room anchored by a cozy wood-burning fireplace, flowing into a generously sized dining room ideal for everyday living and entertaining. The remodeled kitchen is both stylish and functional, featuring quartz countertops, abundant new cabinetry, and ample prep space. The main level offers two comfortable bedrooms and an updated full bath, while the upper level provides two additional bedrooms with plentiful closet space and custom built-ins. The basement expands the living space with an updated bathroom, versatile flex room and ample storage. Mechanical updates include copper plumbing with PVC drains, a newer furnace (2017), hot water tank (2019), and central air (2024). Flooring throughout - hardwood, ceramic, and carpet - is well maintained, complemented by newer vinyl windows and interior doors. Outside, the home delivers strong curb appeal with a newer concrete driveway and walkway, a 1.5-car garage, and a private rear paver patio - perfect for relaxing or entertaining. A 2020 dimensional roof on both the house and garage adds further peace of mind. Ideally situated between I-94 and Mack Avenue, with easy access to downtown Detroit and the Grosse Pointe shops and dining along Mack, this move-in ready home offers comfort, convenience, and lasting value.

  5. 2026-04-24
    listed $219,950 Active 1596-char remark
    Show marketing remark (1596 chars)

    Welcome to 20879 Beaufait - an updated all-brick bungalow in Harper Woods, located within the highly sought-after Grosse Pointe school district. Freshly painted and thoughtfully improved, this 4-bedroom, 2-bath home seamlessly blends classic character with modern convenience. A welcoming foyer opens to a spacious living room anchored by a cozy wood-burning fireplace, flowing into a generously sized dining room ideal for everyday living and entertaining. The remodeled kitchen is both stylish and functional, featuring quartz countertops, abundant new cabinetry, and ample prep space. The main level offers two comfortable bedrooms and an updated full bath, while the upper level provides two additional bedrooms with plentiful closet space and custom built-ins. The basement expands the living space with an updated bathroom, versatile flex room and ample storage. Mechanical updates include copper plumbing with PVC drains, a newer furnace (2017), hot water tank (2019), and central air (2024). Flooring throughout - hardwood, ceramic, and carpet - is well maintained, complemented by newer vinyl windows and interior doors. Outside, the home delivers strong curb appeal with a newer concrete driveway and walkway, a 1.5-car garage, and a private rear paver patio - perfect for relaxing or entertaining. A 2020 dimensional roof on both the house and garage adds further peace of mind. Ideally situated between I-94 and Mack Avenue, with easy access to downtown Detroit and the Grosse Pointe shops and dining along Mack, this move-in ready home offers comfort, convenience, and lasting value.

  6. 2026-04-24
    listed $219,950 Active 1612-char remark
    Show marketing remark (1596 chars)

    Welcome to 20879 Beaufait - an updated all-brick bungalow in Harper Woods, located within the highly sought-after Grosse Pointe school district. Freshly painted and thoughtfully improved, this 4-bedroom, 2-bath home seamlessly blends classic character with modern convenience. A welcoming foyer opens to a spacious living room anchored by a cozy wood-burning fireplace, flowing into a generously sized dining room ideal for everyday living and entertaining. The remodeled kitchen is both stylish and functional, featuring quartz countertops, abundant new cabinetry, and ample prep space. The main level offers two comfortable bedrooms and an updated full bath, while the upper level provides two additional bedrooms with plentiful closet space and custom built-ins. The basement expands the living space with an updated bathroom, versatile flex room and ample storage. Mechanical updates include copper plumbing with PVC drains, a newer furnace (2017), hot water tank (2019), and central air (2024). Flooring throughout - hardwood, ceramic, and carpet - is well maintained, complemented by newer vinyl windows and interior doors. Outside, the home delivers strong curb appeal with a newer concrete driveway and walkway, a 1.5-car garage, and a private rear paver patio - perfect for relaxing or entertaining. A 2020 dimensional roof on both the house and garage adds further peace of mind. Ideally situated between I-94 and Mack Avenue, with easy access to downtown Detroit and the Grosse Pointe shops and dining along Mack, this move-in ready home offers comfort, convenience, and lasting value.

  7. 2026-04-01
    historical Accepting Backup Offers
  8. 2026-04-01
    historical Active Under Contract
  9. 2026-04-01
    historical
  10. 2026-03-27
    status Active
  11. 2026-03-27
    historical
  12. 2026-03-27
    status Active
  13. 2026-03-27
    status Active
  14. 2026-03-22
    historical Accepting Backup Offers
  15. 2026-03-22
    historical Active Under Contract
  16. 2026-03-13
    price $225,000
  17. 2026-03-12
    price $225,000
  18. 2026-02-26
    status Active
  19. 2026-02-26
    status Active
  20. 2026-02-18
    historical Accepting Backup Offers
  21. 2026-02-18
    historical Active Under Contract
  22. 2025-12-15
    status Pending
  23. 2025-12-15
    status Pending
  24. 2025-12-02
    status Active
  25. 2025-12-02
    status Active
  26. 2025-11-06
    historical
  27. 2025-11-06
    historical
  28. 2025-09-30
    price $230,000
  29. 2025-09-29
    price $230,000
  30. 2025-09-12
    listed $235,000 Active
  31. 2025-09-12
    listed $235,000 Active
  32. 2025-09-10
    historical
  33. 2023-11-14
    soldstatus $155,000
  34. 2023-11-08
    soldstatus $155,000 Sold
  35. 2023-11-08
    soldstatus $155,000 Closed
  36. 2023-10-13
    status Pending
  37. 2023-10-13
    status Pending
  38. 2023-09-15
    listed $176,000 Active
  39. 2023-09-15
    listed $176,000 Active
  40. 2012-04-27
    soldstatus $36,001
  41. 2012-04-27
    soldstatus $36,001
  42. 2012-03-16
    historical
  43. 2012-03-16
    historical
  44. 2012-02-22
    listed $36,000
  45. 2012-02-22
    listed $36,000
  46. 1996-09-30
    soldstatus $89,000
  47. 1996-09-06
    historical
  48. 1996-08-27
    listed $89,900

ⓘ 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
$9,385 · $782/mo
Projected year-2 tax
$9,385 · $782/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥96°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 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
$24,003
− Mortgage interest
−$12,321
− Property taxes
−$9,385
− Insurance
−$1,100
− Repairs & maintenance
−$1,920
− Management
−$1,920
− Depreciation
−$6,399
Taxable loss
−$9,042
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,170
After-tax cash flow
$-3,194/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
Grosse Pointe Public Schools
NCES district ID
2625740
Math proficiency
56% ▼ -2.00%
Reading proficiency
68% ▲ 2.00%
Median HH income
$89,975
Composite
56.51/100
National rank
#1152
State rank
#24 of 540 in MI

Livability — Harper Woods

Score
73/100
State rank
#199
US rank
#5054

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Harper Woods, MI
County
Wayne County · 1,562,939 people
City population
16,098
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
16,098
Household income
$61,750
Rent vs Own
33.8% rent · 66.2% own
Severe rent burden
410.0

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 (65%)
Race & ethnicity
Black 65% White 28% Two or more races 4% Hispanic / Latino 1%
Common ancestry
Romanian 4% Lithuanian 1% German 1%
Foreign-born
2% · Canada
Languages at home
95% English-only · Arabic 2% 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
▼ -150.40%
Current HPI
181.4961
Rent YoY
▲ 5.10%
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

+139.2% since first listed
50 events — show timeline
  • 2026-06-08 Sold (MLS) $215,000 REALCOMP
  • 2026-06-08 Sold (MLS) $215,000 MiRealSource-MiMLS
  • 2026-05-05 Pending MiRealSource-MiMLS
  • 2026-05-05 Pending REALCOMP
  • 2026-05-04 Contingent MiRealSource-MiMLS
  • 2026-05-04 Contingent REALCOMP
  • 2026-04-24 Listed $219,950 REALCOMP
  • 2026-04-24 Listed $219,950 MiRealSource-MiMLS
  • 2026-04-01 Contingent MiRealSource-MiMLS
  • 2026-04-01 Contingent REALCOMP
  • 2026-04-01 Listing Removed MiRealSource-MiMLS
  • 2026-03-27 Relisted REALCOMP
  • 2026-03-27 Listing Removed REALCOMP
  • 2026-03-27 Relisted MiRealSource-MiMLS
  • 2026-03-27 Relisted REALCOMP
  • 2026-03-22 Contingent MiRealSource-MiMLS
  • 2026-03-22 Contingent REALCOMP
  • 2026-03-13 Price Changed $225,000 MiRealSource-MiMLS
  • 2026-03-12 Price Changed $225,000 REALCOMP
  • 2026-02-26 Relisted REALCOMP
  • 2026-02-26 Relisted MiRealSource-MiMLS
  • 2026-02-18 Contingent MiRealSource-MiMLS
  • 2026-02-18 Contingent REALCOMP
  • 2025-12-15 Pending MiRealSource-MiMLS
  • 2025-12-15 Pending REALCOMP
  • 2025-12-02 Relisted MiRealSource-MiMLS
  • 2025-12-02 Relisted REALCOMP
  • 2025-11-06 Listing Removed REALCOMP
  • 2025-11-06 Listing Removed MiRealSource-MiMLS
  • 2025-09-30 Price Changed $230,000 MiRealSource-MiMLS
  • 2025-09-29 Price Changed $230,000 REALCOMP
  • 2025-09-12 Listed $235,000 MiRealSource-MiMLS
  • 2025-09-12 Listed $235,000 REALCOMP
  • 2025-09-10 Coming Soon MiRealSource-MiMLS
  • 2023-11-14 Sold (Public Records) $155,000 Public Records
  • 2023-11-08 Sold (MLS) $155,000 MiRealSource-MiMLS
  • 2023-11-08 Sold (MLS) $155,000 REALCOMP
  • 2023-10-13 Pending MiRealSource-MiMLS
  • 2023-10-13 Pending REALCOMP
  • 2023-09-15 Listed $176,000 MiRealSource-MiMLS
  • 2023-09-15 Listed $176,000 REALCOMP
  • 2012-04-27 Sold (MLS) $36,001 REALCOMP
  • 2012-04-27 Sold (MLS) $36,001 MiRealSource-MiMLS
  • 2012-03-16 Listing Removed REALCOMP
  • 2012-03-16 Listing Removed MiRealSource-MiMLS
  • 2012-02-22 Listed $36,000 REALCOMP
  • 2012-02-22 Listed $36,000 MiRealSource-MiMLS
  • 1996-09-30 Sold (MLS) $89,000 MiRealSource-MiMLS
  • 1996-09-06 Listing Removed MiRealSource-MiMLS
  • 1996-08-27 Listed $89,900 MiRealSource-MiMLS

Property tax history

+13.5%/yr

Latest (2025): $9,385 · +1.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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