316 S Edison Ave · Royal Oak, MI
Flood risk 2/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.06%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 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 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).
- ARV discount +12.9/15.0
- Cash flow +11.6/30.0
- Schools +4.4/10.0
- Livability +4.2/5.0
- Rent growth +3.7/5.0
- 1% rule +3.6/10.0
- DSCR +3.4/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$300,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Enjoy life in this beautiful Royal Oak Bungalow! Packed with features and updates- richly refinished oak floors, vintage mid-century ceramic tiled full bath, fresh, neutral paint and décor. Renovated kitchen with tons of storage, Undermount stainless steel sink, and all appliances. The formal dining room is a peaceful retreat to eat and enjoy. Relax on the front sitting porch or the large deck which adjoins the second bedroom through French doors. The lower level is finished, there is a two car garage, windows replaced '02, A/C in '09, siding '08, roof '05. Close to both downtown and freeway connections. This is a great blend of features, condition, and location. Make home here.
Key facts
- Cooks kitchen
- Archways
- Coved ceilings
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $300k.
Deal economics
- At list price, monthly cash flow is $-91 ($-1k/yr) — negative.
- To cash-flow at today's rent, offer at most $284k (5.4% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $259k (13.7% below list).
- Recommended offer: $259k (13.7% below list) — sets the bar for 1% rule.
- Cap rate 5.9% vs local median 3.8% in Royal Oak — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 83/100 on livability (#50 in MI, #1,020 nationally) — a professional / high-income tenant draw. Strengths: crime A+, commute A+, employment A+; Watch: amenities D+.
- Royal Oak Schools (suburban): math 41% / reading 59% proficiency, ranked #89 of 540 in MI (top 16%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 20% free/reduced lunch — higher-income household profile.
- Market conditions: Rents rising fast (+4.7%/yr); 209 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
- Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
- 5 sale attempts since 8y 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.
- Current owner paid $210k; 43% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- 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?
- Built in 1950 — 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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?
- 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
- 0.86% ✗
- Cap rate
- 5.93%
- Cash-on-cash
- -1.30%
- DSCR
- 0.94
- GRM
- 9.7
CMA / ARV
- ARV (on-the-fly)
- $340,496
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 430 S Edison Ave | 0.11mi | 3/2.0 | 1,686 (+3%) | 0mo | $425,000 | $252 | 86 |
| 313 S Edison Ave | 0.03mi | 3/2.0 | 1,453 (-11%) | 1mo | $401,000 | $276 | 75 |
| 510 S Edison Ave | 0.13mi | 3/2.0 | 1,823 (+11%) | 2mo | $355,000 | $195 | 70 |
| 900 N Edison Ave | 0.65mi | 3/1.0 | 1,623 (-1%) | 0mo | $315,000 | $194 | 68 |
| 1020 Mclean Ave | 0.50mi | 3/1.0 | 1,511 (-8%) | 1mo | $315,000 | $208 | 63 |
| 629 N Campbell Rd | 0.50mi | 3/1.0 | 1,498 (-8%) | 2mo | $279,900 | $187 | 61 |
| 622 N Connecticut Ave | 0.52mi | 3/2.0 | 1,780 (+9%) | 2mo | $345,000 | $194 | 56 |
| 1406 E Lincoln Ave | 0.43mi | 3/2.0 | 1,450 (-11%) | 1mo | $325,000 | $224 | 56 |
| 1921 Kalama Ave | 0.45mi | 3/2.0 | 1,447 (-12%) | 0mo | $361,000 | $249 | 56 |
| 915 N Dorchester Ave | 0.68mi | 3/1.0 | 1,510 (-8%) | 1mo | $330,000 | $219 | 54 |
| 715 N Altadena Ave | 0.73mi | 3/1.5 | 1,536 (-6%) | 0mo | $275,000 | $179 | 53 |
| 606 N Alexander Ave | 0.69mi | 3/2.0 | 1,809 (+10%) | 0mo | $367,000 | $203 | 46 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 4.72% rent growth · sell at horizon
- IRR
- -16.4%
- Equity multiple
- 0.41×
- Total profit
- $-49,788
- Equity at exit
- $44,731
- IRR
- -5.3%
- Equity multiple
- 0.63×
- Total profit
- $-31,148
- Equity at exit
- $25,939
Cash invested: $84,000 (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 48067
- Rents YoY
- 4.7%
- Active inventory
- 209
- Price-to-rent
- 9.7×
Monthly cashflow live
- Estimated rent
- $2,589 high interval (Pro) →
- Mortgage (P&I)
- −$1,573
- Tax from tax record
- −$439 /mo · $5,263/yr
- Insurance
- −$125
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$544
- Net cashflow
- $-91
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
- $75,000
- Closing costs
- $9,000
- 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 34 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1600 E 4th St Royal Oak, MI | 3.0 | 1.0 | 1166 | $3,200 | $2.74 | 12d | 1 | 0.13mi |
| 406 N Campbell Rd Royal Oak, MI | 3.0 | 2.0 | 1814 | $2,500 | $1.38 | 1d | 1 | 0.38mi |
| 615 E 5th St Royal Oak, MI | 4.0 | 3.0 | 1329 | $3,000 | $2.26 | 24d | 1 | 0.75mi |
| 1414 Owana Ave Royal Oak, MI | 3.0 | 1.0 | 1489 | $1,675 | $1.12 | 21d | 1 | 0.75mi |
| 1816 Guthrie Ave Royal Oak, MI | 3.0 | 1.0 | 1100 | $1,800 | $1.64 | 4d | 1 | 0.76mi |
| 1132 N Campbell Rd Royal Oak, MI | 1.0–3.0 | 1.0–1.5 | 1050 | $2,085 | $1.99 | 1d | 7 | 0.80mi |
| 1106 Grove Ave Royal Oak, MI | 4.0 | 2.5 | 1289 | $2,325 | $1.80 | 1d | 1 | 0.83mi |
| 325 E 6th St Unit 325-10 Royal Oak, MI | 2.0 | 1.5 | 1400 | $1,895 | $1.35 | 4d | 1 | 0.91mi |
| 709 Hawthorn Ave Royal Oak, MI | 3.0 | 1.5 | 2248 | $3,000 | $1.33 | 24d | 1 | 0.96mi |
| 1230 Diamond Ct Unit E Royal Oak, MI | 2.0 | 2.0 | 1212 | $2,800 | $2.31 | 24d | 1 | 0.98mi |
| 1605 Anne Dr Royal Oak, MI | 2.0 | 3.5 | 1814 | $2,900 | $1.60 | 2d | 1 | 1.01mi |
| 2181 Coy St Ferndale, MI | 3.0 | 1.0 | 1050 | $1,995 | $1.90 | 10d | 1 | 1.02mi |
| 118 N Main St Royal Oak, MI | 3.0 | 1.0–3.0 | 1432 | $6,200 | $4.33 | 1d | 4 | 1.07mi |
| 350 N Main St #806 Royal Oak, MI | 2.0 | 2.0 | 1100 | $2,400 | $2.18 | 24d | 1 | 1.08mi |
| 1572 Maryland Club Dr Royal Oak, MI | 2.0 | 2.0 | 1477 | $2,450 | $1.66 | 2d | 1 | 1.09mi |
| 642 Bellaire Ave Madison Heights, MI | 3.0 | 2.5 | 1750 | $2,423 | $1.38 | 21d | 1 | 1.10mi |
| 350 N Main St Unit 608 Royal Oak, MI | 2.0 | 2.0 | 1137 | $2,500 | $2.20 | 24d | 1 | 1.10mi |
| 100 W 5th St Royal Oak, MI | 2.0 | 2.0 | 1119 | $3,200 | $2.86 | 24d | 2 | 1.11mi |
| 100 W 5th St Royal Oak, MI | 2.0 | 2.0 | 1283 | $3,015 | $2.35 | 4d | 2 | 1.11mi |
| 480 N Main St Royal Oak, MI | 1.0–2.0 | 1.0–2.0 | 1045 | $4,645 | $4.44 | 1d | 7 | 1.11mi |
| 2186 Garfield St Ferndale, MI | 3.0 | 1.0 | 1300 | $1,750 | $1.35 | 24d | 1 | 1.21mi |
| 1100 S Main St Royal Oak, MI | 1.0–2.0 | 1.0–2.0 | 1179 | $6,000 | $5.09 | 1d | 3 | 1.21mi |
| 430 N Washington Ave Unit A Royal Oak, MI | 2.0 | 1.0 | 1150 | $1,895 | $1.65 | 24d | 1 | 1.25mi |
| 2803 Grayson St Ferndale, MI | 3.0 | 2.0 | 1274 | $2,000 | $1.57 | 43d | 1 | 1.30mi |
| 508 Marlin Ave Royal Oak, MI | 3.0 | 2.5 | 1678 | $3,000 | $1.79 | 20d | 1 | 1.33mi |
| 1201 Woodward Hts Ferndale, MI | 2.0 | 2.0 | 1200 | $2,045 | $1.70 | 24d | 1 | 1.33mi |
| 159 Allenhurst Ave Royal Oak, MI | 3.0 | 2.0 | 1955 | $2,700 | $1.38 | 1d | 1 | 1.35mi |
| 2705 Inman St Ferndale, MI | 3.0 | 2.5 | 1429 | $3,195 | $2.24 | 1d | 1 | 1.36mi |
| 1337 S Washington Ave Royal Oak, MI | 2.0 | 2.0 | 1380 | $2,350 | $1.70 | 1d | 1 | 1.37mi |
| 25090 Woodward Ave Royal Oak, MI | 1.0–3.0 | 1.0–2.5 | 1146 | $4,195 | $3.66 | 1d | 13 | 1.40mi |
| 610 W 4th St Royal Oak, MI | 3.0 | 2.5 | 1700 | $2,400 | $1.41 | 1d | 1 | 1.41mi |
| 674 W Eleven Mile Rd Unit 4B Royal Oak, MI | 2.0 | 2.5 | 1577 | $2,700 | $1.71 | 10d | 1 | 1.44mi |
| 2420 Woodward Hts Ferndale, MI | 3.0 | 1.0 | 1316 | $2,200 | $1.67 | 24d | 1 | 1.46mi |
| 211 Woodsboro Dr Unit LOWER Royal Oak, MI | 3.0 | 2.0 | 1800 | $1,425 | $0.79 | 24d | 1 | 1.50mi |
Listing history 27 events
-
2026-05-26$300,000 Active
-
2019-04-19soldstatus $209,900
-
2019-03-29soldstatus $209,900 Sold 694-char remark
Show marketing remark (700 chars)
Enjoy life in this beautiful Royal Oak Bungalow! Packed with features and updates- richly refinished oak floors, vintage mid-century ceramic tiled full bath, fresh, neutral paint and décor. Renovated kitchen with tons of storage, Undermount stainless steel sink, and all appliances. The formal dining room is a peaceful retreat to eat and enjoy. Relax on the front sitting porch or the large deck which adjoins the second bedroom through French doors. The lower level is finished, there is a two car garage, windows replaced '02, A/C in '09, siding '08, roof '05. Close to both downtown and freeway connections. This is a great blend of features, condition, and location. Make home here.
-
2019-03-29soldstatus $209,900 Closed 700-char remark
Show marketing remark (700 chars)
Enjoy life in this beautiful Royal Oak Bungalow! Packed with features and updates- richly refinished oak floors, vintage mid-century ceramic tiled full bath, fresh, neutral paint and décor. Renovated kitchen with tons of storage, Undermount stainless steel sink, and all appliances. The formal dining room is a peaceful retreat to eat and enjoy. Relax on the front sitting porch or the large deck which adjoins the second bedroom through French doors. The lower level is finished, there is a two car garage, windows replaced '02, A/C in '09, siding '08, roof '05. Close to both downtown and freeway connections. This is a great blend of features, condition, and location. Make home here.
-
2019-02-12status Pending 700-char remark
Show marketing remark (694 chars)
Enjoy life in this beautiful Royal Oak Bungalow! Packed with features and updates- richly refinished oak floors, vintage mid-century ceramic tiled full bath, fresh, neutral paint and décor. Renovated kitchen with tons of storage, Undermount stainless steel sink, and all appliances. The formal dining room is a peaceful retreat to eat and enjoy. Relax on the front sitting porch or the large deck which adjoins the second bedroom through French doors. The lower level is finished, there is a two car garage, windows replaced '02, A/C in '09, siding '08, roof '05. Close to both downtown and freeway connections. This is a great blend of features, condition, and location. Make home here.
-
2019-02-12status Pending 694-char remark
Show marketing remark (694 chars)
Enjoy life in this beautiful Royal Oak Bungalow! Packed with features and updates- richly refinished oak floors, vintage mid-century ceramic tiled full bath, fresh, neutral paint and décor. Renovated kitchen with tons of storage, Undermount stainless steel sink, and all appliances. The formal dining room is a peaceful retreat to eat and enjoy. Relax on the front sitting porch or the large deck which adjoins the second bedroom through French doors. The lower level is finished, there is a two car garage, windows replaced '02, A/C in '09, siding '08, roof '05. Close to both downtown and freeway connections. This is a great blend of features, condition, and location. Make home here.
-
2019-02-04historical
Show marketing remark (700 chars)
Enjoy life in this beautiful Royal Oak Bungalow! Packed with features and updates- richly refinished oak floors, vintage mid-century ceramic tiled full bath, fresh, neutral paint and décor. Renovated kitchen with tons of storage, Undermount stainless steel sink, and all appliances. The formal dining room is a peaceful retreat to eat and enjoy. Relax on the front sitting porch or the large deck which adjoins the second bedroom through French doors. The lower level is finished, there is a two car garage, windows replaced '02, A/C in '09, siding '08, roof '05. Close to both downtown and freeway connections. This is a great blend of features, condition, and location. Make home here.
-
2019-02-04$209,900 Active 694-char remark
Show marketing remark (700 chars)
Enjoy life in this beautiful Royal Oak Bungalow! Packed with features and updates- richly refinished oak floors, vintage mid-century ceramic tiled full bath, fresh, neutral paint and décor. Renovated kitchen with tons of storage, Undermount stainless steel sink, and all appliances. The formal dining room is a peaceful retreat to eat and enjoy. Relax on the front sitting porch or the large deck which adjoins the second bedroom through French doors. The lower level is finished, there is a two car garage, windows replaced '02, A/C in '09, siding '08, roof '05. Close to both downtown and freeway connections. This is a great blend of features, condition, and location. Make home here.
-
2019-02-04$209,900 Active 700-char remark
Show marketing remark (700 chars)
Enjoy life in this beautiful Royal Oak Bungalow! Packed with features and updates- richly refinished oak floors, vintage mid-century ceramic tiled full bath, fresh, neutral paint and décor. Renovated kitchen with tons of storage, Undermount stainless steel sink, and all appliances. The formal dining room is a peaceful retreat to eat and enjoy. Relax on the front sitting porch or the large deck which adjoins the second bedroom through French doors. The lower level is finished, there is a two car garage, windows replaced '02, A/C in '09, siding '08, roof '05. Close to both downtown and freeway connections. This is a great blend of features, condition, and location. Make home here.
-
2019-02-04historical
Show marketing remark (700 chars)
Enjoy life in this beautiful Royal Oak Bungalow! Packed with features and updates- richly refinished oak floors, vintage mid-century ceramic tiled full bath, fresh, neutral paint and décor. Renovated kitchen with tons of storage, Undermount stainless steel sink, and all appliances. The formal dining room is a peaceful retreat to eat and enjoy. Relax on the front sitting porch or the large deck which adjoins the second bedroom through French doors. The lower level is finished, there is a two car garage, windows replaced '02, A/C in '09, siding '08, roof '05. Close to both downtown and freeway connections. This is a great blend of features, condition, and location. Make home here.
-
2018-11-05price $214,000
-
2018-11-04price $214,000
-
2018-10-16price $219,000
-
2018-10-16price $219,000
-
2018-10-11price $229,000
-
2018-10-11price $229,000
-
2018-10-09price $235,000
-
2018-10-08price $235,000
-
2018-10-06price $239,000
-
2018-10-06price $239,000
-
2018-10-04$249,999 Active
-
2018-10-04$249,999 Active
-
2004-08-20soldstatus $175,500
-
1999-09-23soldstatus $139,500
-
1993-11-29soldstatus $78,500
-
1989-12-20soldstatus $40,500
-
1983-10-01soldstatus $40,500
ⓘ 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
- $5,263 · $439/mo
- Projected year-2 tax
- $5,263 · $439/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 2/10 Low FEMA zone X (unshaded) · 6% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 3 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
- $31,072
- − Mortgage interest
- −$16,805
- − Property taxes
- −$5,263
- − Insurance
- −$1,500
- − Repairs & maintenance
- −$2,486
- − Management
- −$2,486
- − Depreciation
- −$8,727
- Taxable loss
- −$6,194
- Est. tax savings @ 24.0%
- +$1,487
- After-tax cash flow
- $392/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
- Royal Oak Schools
- NCES district ID
- 2630300
- Math proficiency
- 41% ▼ -10.00%
- Reading proficiency
- 59% ▼ -3.00%
- Median HH income
- $65,456
- Composite
- 44.19/100
- National rank
- #2853
- State rank
- #89 of 540 in MI
Livability — Royal Oak
- Score
- 83/100
- State rank
- #50
- US rank
- #1020
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Royal Oak, MI
- County
- Oakland County · 1,009,092 people
- City population
- 57,974
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 24,868
- Household income
- $112,840
- Rent vs Own
- Severe rent burden
- 625.0
Population outlook (Oakland County) Hauer SSP2
- Today (2025)
- 1,335,747 people
- By 2030
- 1,375,100 · +2.9%
- By 2040
- 1,435,385 · +7.5%
- By 2050
- 1,469,250 · +10.0%
- By 2075
- 1,531,946 · +14.7%
- By 2100
- 1,450,485 · +8.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (82%)
- Race & ethnicity
- White 82% Hispanic / Latino 7% Two or more races 7% Black 3% Asian 3%
- Hispanic origin (detail)
- Mexican 3%
- Common ancestry
- Romanian 12% Lithuanian 4% Slovak 4%
- Foreign-born
- 7% · Canada, China, South Korea
- Languages at home
- 92% English-only · Spanish 2% Other Indo-European 2% Russian/Polish/Slavic 1%
Political lean MEDSL · Oakland
- 2024 margin
- D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
- 2008→2024 swing
- -3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
- All cycles
- 2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -571.62%
- Current HPI
- 224.5887
- Rent YoY
- ▲ 4.72%
- 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
+640.7% since first listed27 events — show timeline
- 2026-05-26 Listed $300,000 FSBO.com
- 2019-04-19 Sold (Public Records) $209,900 Public Records
- 2019-03-29 Sold (MLS) $209,900 MiRealSource-MiMLS
- 2019-03-29 Sold (MLS) $209,900 REALCOMP
- 2019-02-12 Pending — MiRealSource-MiMLS
- 2019-02-12 Pending — REALCOMP
- 2019-02-04 Listing Removed — REALCOMP
- 2019-02-04 Listing Removed — MiRealSource-MiMLS
- 2019-02-04 Listed $209,900 MiRealSource-MiMLS
- 2019-02-04 Listed $209,900 REALCOMP
- 2018-11-05 Price Changed $214,000 MiRealSource-MiMLS
- 2018-11-04 Price Changed $214,000 REALCOMP
- 2018-10-16 Price Changed $219,000 MiRealSource-MiMLS
- 2018-10-16 Price Changed $219,000 REALCOMP
- 2018-10-11 Price Changed $229,000 MiRealSource-MiMLS
- 2018-10-11 Price Changed $229,000 REALCOMP
- 2018-10-09 Price Changed $235,000 MiRealSource-MiMLS
- 2018-10-08 Price Changed $235,000 REALCOMP
- 2018-10-06 Price Changed $239,000 MiRealSource-MiMLS
- 2018-10-06 Price Changed $239,000 REALCOMP
- 2018-10-04 Listed $249,999 MiRealSource-MiMLS
- 2018-10-04 Listed $249,999 REALCOMP
- 2004-08-20 Sold (Public Records) $175,500 Public Records
- 1999-09-23 Sold (Public Records) $139,500 Public Records
- 1993-11-29 Sold (Public Records) $78,500 Public Records
- 1989-12-20 Sold (Public Records) $40,500 Public Records
- 1983-10-01 Sold (Public Records) $40,500 Public Records
Property tax history
+2.9%/yrLatest (2025): $5,263 · +12.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…