26011 Dartmouth St · Inkster, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- 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
- 14 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 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
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.2/15.0
- Livability +3.4/5.0
- Rent growth +3.2/5.0
- Condition / age +2.5/5.0
- Schools +0.7/10.0
- Appreciation +0.0/10.0
$72,200
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
MOVE RIGHT IN! Newly rehabbed charmer! Cheaper than renting! Check out this 2-bedroom, 1-bath house on a quiet tree-lined street! You'll love the open layout, brand-new PVC flooring, updated bathroom, all-white modern kitchen with new cabinets, countertops, and NEW stainless-steel appliances!! (over $3,125 value!) Refrigerator, stove, dishwasher, microwave, washer, dryer, and fresh paint. Major upgrades include a new furnace, tankless water heater, and new garage door. A generous 5,500 sq ft lot, big yard, perfect for you! Schedule your tour today! A smart long-term investment in an affordable yet appreciating area!
Key facts
- Open layout
- New countertops
- Modern kitchen
Tags
Property features AI
Exterior
- Parking: Detached 2-car garage
- Utilities: Water available; Sewer available
- Home design: Single family residence; One story; Ground-level entry
- Construction: Vinyl siding
- Exterior features: Paved road access; Lot approximately 0.13 acres (40 x 138)
Interior
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating (natural gas); No cooling
- Interior features: Crawl space basement; Total of 3 rooms
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $72k.
Deal economics
- At list price, monthly cash flow is $431 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $72k).
- Recommended offer: $64k (12.0% below list) — sets the bar for market timing.
- Cap rate 13.5% vs local median 9.8% in Inkster — 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 67/100 on livability (#406 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D, schools F, crime F.
- Westwood Community School District (suburban): math 6% / reading 11% proficiency, ranked #529 of 540 in MI (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising (+3.0%/yr); 142 active listings in the ZIP; 1 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
- This rent runs 38% 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 $499 of loan paydown is wiped out by about $2k 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 $20k cash investment doubles in ~5 years — after that, you're playing with house money.
Negotiation context
- It's been on market 126 days — a 12% lower offer ($64k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 14y ago; this cycle's ask has dropped $11k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 126 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 1.71% ✓
- Cap rate
- 13.46%
- Cash-on-cash
- 25.59%
- DSCR
- 2.14
- GRM
- 4.9
CMA / ARV
- ARV (on-the-fly)
- $71,688
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 25866 Andover St | 0.08mi | 2/1.0 | 696 (0%) | 9mo | $48,000 | $69 | 89 |
| 26241 Annapolis St | 0.42mi | 2/1.0 | 696 (0%) | 6mo | $54,500 | $78 | 75 |
| 26252 Eton Ave | 0.51mi | 2/1.0 | 696 (0%) | 8mo | $123,000 | $177 | 69 |
| 25933 Norfolk St | 0.56mi | 2/1.0 | 710 (+2%) | 5mo | $90,000 | $127 | 66 |
| 25960 Yale St | 0.53mi | 2/1.0 | 680 (-2%) | 10mo | $70,000 | $103 | 63 |
| 26389 Annapolis St | 0.47mi | 2/1.0 | 729 (+5%) | 9mo | $126,500 | $174 | 62 |
| 26641 New York St | 0.60mi | 2/1.0 | 720 (+3%) | 5mo | $66,000 | $92 | 62 |
| 24754 Annapolis St | 0.74mi | 2/1.0 | 702 (+1%) | 3mo | $121,000 | $172 | 62 |
| 25911 Norfolk St | 0.57mi | 2/2.0 | 710 (+2%) | 12mo | $53,100 | $75 | 56 |
| 24691 Dartmouth St | 0.72mi | 2/1.0 | 720 (+3%) | 11mo | $185,000 | $257 | 51 |
| 26970 Colgate St | 0.60mi | 2/1.0 | 756 (+9%) | 14mo | $65,000 | $86 | 46 |
| 5169 Glenis St | 0.72mi | 2/1.0 | 800 (+15%) | 13mo | $70,000 | $88 | 30 |
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 · 2.95% rent growth · sell at horizon
- IRR
- 19.2%
- Equity multiple
- 1.78×
- Total profit
- $15,743
- Equity at exit
- $10,765
- IRR
- 27.5%
- Equity multiple
- 3.42×
- Total profit
- $49,003
- Equity at exit
- $6,243
Cash invested: $20,216 (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 48141
- Home prices YoY
- -2.9%
- Rents YoY
- 3.0%
- Active inventory
- 142
- Price-to-rent
- 4.9×
Monthly cashflow live
- Estimated rent
- $1,237 medium interval (Pro) →
- Mortgage (P&I)
- −$379
- Tax from tax record
- −$138 /mo · $1,653/yr
- Insurance
- −$30
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$260
- Net cashflow
- $431
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
- $18,050
- Closing costs
- $2,166
- 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 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5845 Michael St Taylor, MI | 2.0 | 1.0 | 618 | $1,325 | $2.14 | 4d | 1 | 1.03mi |
Listing history 24 events
-
2026-05-15status Pending 623-char remark
Show marketing remark (623 chars)
MOVE RIGHT IN! Newly rehabbed charmer! Cheaper than renting! Check out this 2-bedroom, 1-bath house on a quiet tree-lined street! You'll love the open layout, brand-new PVC flooring, updated bathroom, all-white modern kitchen with new cabinets, countertops, and NEW stainless-steel appliances!! (over $3,125 value!) Refrigerator, stove, dishwasher, microwave, washer, dryer, and fresh paint. Major upgrades include a new furnace, tankless water heater, and new garage door. A generous 5,500 sq ft lot, big yard, perfect for you! Schedule your tour today! A smart long-term investment in an affordable yet appreciating area!
-
2026-05-15status Pending
Show marketing remark (623 chars)
MOVE RIGHT IN! Newly rehabbed charmer! Cheaper than renting! Check out this 2-bedroom, 1-bath house on a quiet tree-lined street! You'll love the open layout, brand-new PVC flooring, updated bathroom, all-white modern kitchen with new cabinets, countertops, and NEW stainless-steel appliances!! (over $3,125 value!) Refrigerator, stove, dishwasher, microwave, washer, dryer, and fresh paint. Major upgrades include a new furnace, tankless water heater, and new garage door. A generous 5,500 sq ft lot, big yard, perfect for you! Schedule your tour today! A smart long-term investment in an affordable yet appreciating area!
-
2026-04-25price $72,200 623-char remark
Show marketing remark (623 chars)
MOVE RIGHT IN! Newly rehabbed charmer! Cheaper than renting! Check out this 2-bedroom, 1-bath house on a quiet tree-lined street! You'll love the open layout, brand-new PVC flooring, updated bathroom, all-white modern kitchen with new cabinets, countertops, and NEW stainless-steel appliances!! (over $3,125 value!) Refrigerator, stove, dishwasher, microwave, washer, dryer, and fresh paint. Major upgrades include a new furnace, tankless water heater, and new garage door. A generous 5,500 sq ft lot, big yard, perfect for you! Schedule your tour today! A smart long-term investment in an affordable yet appreciating area!
-
2026-04-24price $72,200
-
2026-04-13price $78,900 623-char remark
Show marketing remark (623 chars)
MOVE RIGHT IN! Newly rehabbed charmer! Cheaper than renting! Check out this 2-bedroom, 1-bath house on a quiet tree-lined street! You'll love the open layout, brand-new PVC flooring, updated bathroom, all-white modern kitchen with new cabinets, countertops, and NEW stainless-steel appliances!! (over $3,125 value!) Refrigerator, stove, dishwasher, microwave, washer, dryer, and fresh paint. Major upgrades include a new furnace, tankless water heater, and new garage door. A generous 5,500 sq ft lot, big yard, perfect for you! Schedule your tour today! A smart long-term investment in an affordable yet appreciating area!
-
2026-04-13price $78,900
Show marketing remark (623 chars)
MOVE RIGHT IN! Newly rehabbed charmer! Cheaper than renting! Check out this 2-bedroom, 1-bath house on a quiet tree-lined street! You'll love the open layout, brand-new PVC flooring, updated bathroom, all-white modern kitchen with new cabinets, countertops, and NEW stainless-steel appliances!! (over $3,125 value!) Refrigerator, stove, dishwasher, microwave, washer, dryer, and fresh paint. Major upgrades include a new furnace, tankless water heater, and new garage door. A generous 5,500 sq ft lot, big yard, perfect for you! Schedule your tour today! A smart long-term investment in an affordable yet appreciating area!
-
2026-01-09$83,000 Active
Show marketing remark (623 chars)
MOVE RIGHT IN! Newly rehabbed charmer! Cheaper than renting! Check out this 2-bedroom, 1-bath house on a quiet tree-lined street! You'll love the open layout, brand-new PVC flooring, updated bathroom, all-white modern kitchen with new cabinets, countertops, and NEW stainless-steel appliances!! (over $3,125 value!) Refrigerator, stove, dishwasher, microwave, washer, dryer, and fresh paint. Major upgrades include a new furnace, tankless water heater, and new garage door. A generous 5,500 sq ft lot, big yard, perfect for you! Schedule your tour today! A smart long-term investment in an affordable yet appreciating area!
-
2026-01-09$83,000 Active 623-char remark
Show marketing remark (623 chars)
MOVE RIGHT IN! Newly rehabbed charmer! Cheaper than renting! Check out this 2-bedroom, 1-bath house on a quiet tree-lined street! You'll love the open layout, brand-new PVC flooring, updated bathroom, all-white modern kitchen with new cabinets, countertops, and NEW stainless-steel appliances!! (over $3,125 value!) Refrigerator, stove, dishwasher, microwave, washer, dryer, and fresh paint. Major upgrades include a new furnace, tankless water heater, and new garage door. A generous 5,500 sq ft lot, big yard, perfect for you! Schedule your tour today! A smart long-term investment in an affordable yet appreciating area!
-
2024-08-27historical
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2024-08-27historical
-
2024-06-26$74,900 Active
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2024-06-26$74,900 Active
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2023-12-13historical $850
-
2023-11-22price $850
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2023-11-07price $900
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2023-09-22price $980
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2023-09-03$1,050
-
2013-04-23soldstatus $124,288
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2013-03-07soldstatus $9,000
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2013-03-07soldstatus $9,000
-
2013-01-02historical
-
2013-01-02historical
-
2012-08-20$9,000
-
2012-08-20$9,000
ⓘ 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
- $1,653 · $138/mo
- Projected year-2 tax
- $1,653 · $138/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥98°F today · 14 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $14,849
- − Mortgage interest
- −$4,044
- − Property taxes
- −$1,653
- − Insurance
- −$361
- − Repairs & maintenance
- −$1,188
- − Management
- −$1,188
- − Depreciation
- −$2,100
- Taxable income
- $4,314
- Est. tax owed @ 24.0%
- −$1,035
- After-tax cash flow
- $4,138/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
- Westwood Community School District
- NCES district ID
- 2611640
- Math proficiency
- 6% ▼ -6.00%
- Reading proficiency
- 11% ▼ -6.00%
- Median HH income
- $36,350
- Composite
- 7.06/100
- National rank
- #9967
- State rank
- #529 of 540 in MI
Livability — Inkster
- Score
- 67/100
- State rank
- #406
- US rank
- #11087
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Inkster, MI
- County
- Wayne County · 1,562,939 people
- City population
- 25,428
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 25,428
- Household income
- $39,252
- Rent vs Own
- Severe rent burden
- 1558.0
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 (72%)
- Race & ethnicity
- Black 72% White 17% Two or more races 7% Hispanic / Latino 2% Asian 1%
- Common ancestry
- Romanian 3% Slovak 1% Italian 1%
- Foreign-born
- 5% · Canada, China
- Languages at home
- 92% English-only · Arabic 3% Other Asian/Pacific 1% 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
- ▼ -11.74%
- Current HPI
- 390.2139
- Rent YoY
- ▲ 2.95%
- 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
+702.2% since first listed24 events — show timeline
- 2026-05-15 Pending — MiRealSource-MiMLS
- 2026-05-15 Pending — REALCOMP
- 2026-04-25 Price Changed $72,200 MiRealSource-MiMLS
- 2026-04-24 Price Changed $72,200 REALCOMP
- 2026-04-13 Price Changed $78,900 MiRealSource-MiMLS
- 2026-04-13 Price Changed $78,900 REALCOMP
- 2026-01-09 Listed $83,000 REALCOMP
- 2026-01-09 Listed $83,000 MiRealSource-MiMLS
- 2024-08-27 Listing Removed — MiRealSource-MiMLS
- 2024-08-27 Listing Removed — REALCOMP
- 2024-06-26 Listed $74,900 MiRealSource-MiMLS
- 2024-06-26 Listed $74,900 REALCOMP
- 2023-12-13 Rental Removed $850 PROPERTYWARE
- 2023-11-22 Price Changed $850 PROPERTYWARE
- 2023-11-07 Price Changed $900 PROPERTYWARE
- 2023-09-22 Price Changed $980 PROPERTYWARE
- 2023-09-03 Listed for Rent $1,050 PROPERTYWARE
- 2013-04-23 Sold (Public Records) $124,288 Public Records
- 2013-03-07 Sold (MLS) $9,000 MiRealSource-MiMLS
- 2013-03-07 Sold (MLS) $9,000 REALCOMP
- 2013-01-02 Listing Removed — MiRealSource-MiMLS
- 2013-01-02 Listing Removed — REALCOMP
- 2012-08-20 Listed $9,000 MiRealSource-MiMLS
- 2012-08-20 Listed $9,000 REALCOMP
Property tax history
+3.8%/yrLatest (2025): $1,653 · -28.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…