75 Woodridge Ct · Village of Clarkston, MI
Flood risk No data
- FEMA flood zone
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- Chance of flooding over 30 yrs
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- Est. flood insurance / yr
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Fire risk No data
- Est. fire insurance / yr
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Heat risk No data
- Hot days now (above threshold)
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- Hot days in 30 yrs
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Wind risk No data
- Chance of severe wind over 30 yrs
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Air-quality risk No data
- Unhealthy air days now
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- Unhealthy air days in 30 yrs
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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).
- Cash flow +15.0/30.0
- ARV discount +7.5/15.0
- 1% rule +5.0/10.0
- DSCR +5.0/10.0
- Schools +4.4/10.0
- Livability +4.0/5.0
- Condition / age +2.8/5.0
- Rent growth +2.5/5.0
- Appreciation +0.0/10.0
$35,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Key facts
- 4,400 sq ft lot
- Built 2017
- Listed 51 days
Property features AI
Exterior
- Parking: No garage
- Utilities: Public water; Public sewer
- Home design: Single-family residence; One story; Ground-level entry with steps
- Construction: Vinyl siding
- Exterior features: Paved road access; Cats and dogs allowed
Interior
- Bathrooms: One full bathroom
- Heating & cooling: Forced air heating (natural gas); No cooling
- Interior features: Crawl space basement; Two total rooms
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath single-family listed at $35k. Condition is rated average.
Deal economics
- At list price, monthly cash flow is $962 ($12k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $35k).
- Recommended offer: $34k (3.0% below list) — sets the bar for market timing.
- Cap rate 39.3% vs local median 3.3% in Village of Clarkston — 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 79/100 on livability (#98 in MI, #2,255 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, employment A+; Watch: amenities F, commute F.
- Huron Valley Schools (suburban): math 42% / reading 56% proficiency, ranked #87 of 540 in MI (top 16%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: 147 active listings in the ZIP; solid renter incomes; 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 $242 of loan paydown is wiped out by about $1k 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.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $10k cash investment doubles in ~1 year — after that, you're playing with house money.
Negotiation context
- It's been on market 52 days — a 3% lower offer ($34k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Questions for the listing agent
- It's been on market 52 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-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
- 4.36% ✓
- Cap rate
- 39.29%
- Cash-on-cash
- 117.85%
- DSCR
- 6.24
- GRM
- 1.9
CMA / ARV
- ARV (median comp)
- $254,107
- List price
- $35,000
- Delta
- -86.23%
- Verdict
- UNDERPRICED
- Comps
- 7 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 228 Greenhill Dr | 0.12mi | 2/2.0 (+1) | 1,216 (+15%) | 3mo | $20,000 | $16 | 58 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- —
- Equity multiple
- 6.68×
- Total profit
- $55,650
- Equity at exit
- $5,219
- IRR
- —
- Equity multiple
- 14.01×
- Total profit
- $127,483
- Equity at exit
- $3,026
Cash invested: $9,800 (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 48386
- Active inventory
- 147
- Price-to-rent
- 1.9×
Monthly cashflow live
- Estimated rent
- $1,524 medium interval (Pro) →
- Mortgage (P&I)
- −$184
- Tax est. 1.5%
- −$44 /mo · $525/yr
- Insurance
- −$15
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$320
- Net cashflow
- $962
Break-even live
Sensitivity live
| Price | -10% $987 | -5% $975 | +0% $962 | +5% $950 | +10% $938 |
|---|---|---|---|---|---|
| Rent | -10% $842 | -5% $902 | +0% $962 | +5% $1,023 | +10% $1,083 |
| Rate | -1.0pp $980 | -0.5pp $971 | base $962 | +0.5pp $953 | +1.0pp $944 |
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
- $8,750
- Closing costs
- $1,050
- 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.
Listing history 23 events
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2026-06-21days on market $35,000 Active 52 DOM
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2026-06-18days on market $35,000 Active 49 DOM
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2026-06-17days on market $35,000 Active 48 DOM
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2026-06-16days on market $35,000 Active 47 DOM
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2026-06-15days on market $35,000 Active 46 DOM
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2026-06-13days on market $35,000 Active 44 DOM
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2026-06-13days on market $35,000 Active 43 DOM
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2026-06-09days on market $35,000 Active 40 DOM
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2026-06-08days on market $35,000 Active 39 DOM
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2026-06-07days on market $35,000 Active 38 DOM
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2026-06-04days on market $35,000 Active 35 DOM
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2026-06-03days on market $35,000 Active 34 DOM
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2026-06-02days on market $35,000 Active 33 DOM
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2026-06-01days on market $35,000 Active 32 DOM
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2026-05-31days on market $35,000 Active 31 DOM
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2026-04-30$35,000 Active
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2026-04-30$35,000 Active
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2026-04-29historical
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2026-04-29historical
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2026-01-21price $35,000
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2026-01-20price $35,000
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2025-11-15$38,850 Active
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2025-11-15$38,850 Active
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $18,293
- − Mortgage interest
- −$1,961
- − Property taxes
- −$525
- − Insurance
- −$175
- − Repairs & maintenance
- −$1,463
- − Management
- −$1,463
- − Depreciation
- −$1,018
- Taxable income
- $11,688
- Est. tax owed @ 24.0%
- −$2,805
- After-tax cash flow
- $8,744/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.
Condition & rehab AI · 12 photos
This home is in average condition with cosmetic repairs needed. Painting and updating the exterior siding would significantly enhance its curb appeal and value.
Repairs flagged
- Minor exterior siding — some wear
- Minor interior paint — faded
Value-add opportunities
- Both painting interior walls — fresh paint enhances curb appeal and interior aesthetics
- Both replacing carpet with hardwood flooring — hardwood flooring is more durable and adds value
- Both replacing exterior siding — new siding improves curb appeal and durability
Renovation cost estimate screening
| Repair item | Severity | Est. cost |
|---|---|---|
| exterior siding · some wear | Minor | $500–3,000 |
| interior paint · faded | Minor | $500–3,000 |
| Total estimated repair cost · 2 items | $1,000–6,000 |
Value-add ROI direction
- Both painting interior walls — fresh paint enhances curb appeal and interior aesthetics ↑
- Both replacing carpet with hardwood flooring — hardwood flooring is more durable and adds value ↑
- Both replacing exterior siding — new siding improves curb appeal and durability ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Huron Valley Schools
- NCES district ID
- 2618990
- Math proficiency
- 42% ▼ -8.00%
- Reading proficiency
- 56% ▼ -3.00%
- Median HH income
- $76,011
- Composite
- 44.39/100
- National rank
- #2815
- State rank
- #87 of 540 in MI
Livability — Village of Clarkston
- Score
- 79/100
- State rank
- #98
- US rank
- #2255
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Oakland County · 1,009,092 people
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 17,856
- Household income
- $89,702
- Rent vs Own
- Severe rent burden
- 664.0
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 (90%)
- Race & ethnicity
- White 90% Two or more races 6% Hispanic / Latino 4% Black 1%
- Common ancestry
- Romanian 12% Lithuanian 6% Slovak 4%
- Foreign-born
- 5% · Canada
- Languages at home
- 95% English-only · Russian/Polish/Slavic 2% Spanish 1% Arabic 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
- ▼ -269.78%
- Current HPI
- 207.917
- Rent YoY
- —
- Metro
- Detroit-Warren-Dearborn, MI
- State GDP YoY
- ▲ 1.37%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in MI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Automotive Parts | 3 | $48B |
|
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
-9.9% since first listed8 events — show timeline
- 2026-04-30 Listed $35,000 REALCOMP
- 2026-04-30 Listed $35,000 MiRealSource-MiMLS
- 2026-04-29 Listing Removed — REALCOMP
- 2026-04-29 Listing Removed — MiRealSource-MiMLS
- 2026-01-21 Price Changed $35,000 MiRealSource-MiMLS
- 2026-01-20 Price Changed $35,000 REALCOMP
- 2025-11-15 Listed $38,850 REALCOMP
- 2025-11-15 Listed $38,850 MiRealSource-MiMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…