CashFlowRE
Sign in Sign up
26011 Dartmouth St
B- Composite 66.97
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

26011 Dartmouth St · Inkster, MI 48141
2 bd · 1.0 ba · 696 sqft · SingleFamily public records · 126 Days on market
Built 1954 5,663 sqft lot Est $72k · at est.

🖨 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

OPEN LAYOUTPVC FLOORINGMODERN KITCHENWHITE SHAKER CABINETSNEW COUNTERTOPSSTAINLESS STEEL APPLIANCES

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

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 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.
Recommended offer $63,536 (12.0% below list)

Questions for the listing agent

  1. 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?
  2. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  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. 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.
  8. 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.
  9. 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

5-year hold
IRR
19.2%
Equity multiple
1.78×
Total profit
$15,743
Equity at exit
$10,765
10-year hold
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
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

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

Break-even rent $692
Max offer price $72,200
Occupancy floor 60%

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

AddressBedsBaths SqftRent$/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

  1. 2026-05-15
    status 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!

  2. 2026-05-15
    status 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!

  3. 2026-04-25
    price $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!

  4. 2026-04-24
    price $72,200
  5. 2026-04-13
    price $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!

  6. 2026-04-13
    price $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!

  7. 2026-01-09
    listed $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!

  8. 2026-01-09
    listed $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!

  9. 2024-08-27
    historical
  10. 2024-08-27
    historical
  11. 2024-06-26
    listed $74,900 Active
  12. 2024-06-26
    listed $74,900 Active
  13. 2023-12-13
    historical $850
  14. 2023-11-22
    price $850
  15. 2023-11-07
    price $900
  16. 2023-09-22
    price $980
  17. 2023-09-03
    listed $1,050
  18. 2013-04-23
    soldstatus $124,288
  19. 2013-03-07
    soldstatus $9,000
  20. 2013-03-07
    soldstatus $9,000
  21. 2013-01-02
    historical
  22. 2013-01-02
    historical
  23. 2012-08-20
    listed $9,000
  24. 2012-08-20
    listed $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
combined federal + state — saved on this device
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

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

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
53.2% rent · 46.8% 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

Price history

+702.2% since first listed
24 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%/yr

Latest (2025): $1,653 · -28.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…