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9337 Goethe St
D Composite 42.46
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
  • Livability +3.7/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$25,000

9337 Goethe St · Detroit, MI 48214
3 bd · 1.0 ba · 1,435 sqft · SingleFamily public records · 57 Days on market
Built 1910 3,049 sqft lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

* * Calling all investors. Prime investment opportunity near Jefferson Ave and Kercheval St in one of Detroit's rapidly revitalizing neighborhoods. This spacious property offers ample potential for renovation and value appreciation, with the option to purchase the adjacent home as a packaged deal for even greater investment returns. Situated near the vibrant Jefferson Chalmers Historic Business District, minutes from Grosse Pointe, and just a short drive to Downtown Detroit, this property benefits from ongoing redevelopment efforts, including new businesses, infrastructure improvements, and beautification projects. Its proximity to waterfront parks, dining, and major thoroughfares adds to its appeal. Investors looking for a flip, long-term holding, or rental income, take a look before they're gone. Please contact listing agent for more photos * * Adjacent Property: 9331 Goethe, Detroit, MI

Key facts

  • 3,049 sq ft lot
  • Built 1910
  • Listed 57 days

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 3-bed/1.0-bath single-family listed at $25k.

Deal economics

  • At list price, monthly cash flow is $969 ($12k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $25k).
  • Recommended offer: $24k (3.0% below list) — sets the bar for market timing.
  • Cap rate 52.8% vs local median 10.0% in Detroit — 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 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
  • Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 300 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 47% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • At $1,446/mo this rent would consume 52% of the median local household income ($34k/yr) (locally 1364% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $173 of loan paydown is wiped out by about $750 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 $7k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 57 days — a 3% lower offer ($24k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 16y ago; this cycle's ask has dropped $15k (38%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $3k; list at $25k implies a 733% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $24,250 (3.0% below list)

Questions for the listing agent

  1. It's been on market 57 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. 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?
  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
5.78%
Cap rate
52.82%
Cash-on-cash
166.17%
DSCR
8.39
GRM
1.4

CMA / ARV

ARV (on-the-fly)
$198,030
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3517 Belvidere St 0.14mi 2/2.0 (-1) 1,496 (+4%) 6mo $71,000 $47 73
9385 Dorchester St 0.25mi 3/2.0 1,311 (-9%) 6mo $18,000 $14 65
3466 Bewick St 0.30mi 3/2.0 1,308 (-9%) 6mo $119,900 $92 62
3869 Burns St 0.51mi 4/1.5 (+1) 1,505 (+5%) 2mo $230,000 $153 59
3508 Parker St 0.69mi 3/2.5 1,400 (-2%) 3mo $266,300 $190 56
2931 Garland St 0.38mi 4/3.0 (+1) 1,558 (+9%) 1mo $215,000 $138 54
2918 Garland St 0.41mi 4/3.0 (+1) 1,546 (+8%) 1mo $205,000 $133 54
3872 Fischer St 0.45mi 3/1.0 1,288 (-10%) 9mo $62,500 $49 54
3459 Saint Clair St 0.41mi 3/2.0 1,250 (-13%) 7mo $119,900 $96 50
1752 Fischer St 0.71mi 2/2.0 (-1) 1,556 (+8%) 2mo $350,100 $225 42
1738 Fischer St 0.73mi 2/2.0 (-1) 1,556 (+8%) 8mo $360,000 $231 36
4157 Burns St 0.58mi 4/2.5 (+1) 1,628 (+13%) 7mo $320,000 $197 34

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

5-year hold
IRR
Equity multiple
9.24×
Total profit
$57,709
Equity at exit
$3,728
10-year hold
IRR
Equity multiple
19.55×
Total profit
$129,839
Equity at exit
$2,162

Cash invested: $7,000 (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
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

ZIP-level market 48214

Active inventory
300
Price-to-rent
1.4×

Monthly cashflow live

Estimated rent
$1,446 high interval (Pro) →
Mortgage (P&I)
$131
Tax est. 1.5%
$31 /mo · $375/yr
Insurance
$10
HOA
$0
Vacancy / Maint / Mgmt
$304
Net cashflow
$969

Break-even live

Break-even rent $219
Max offer price $25,000
Occupancy floor 28%

Sensitivity live

Price -10% $987 -5% $978 +0% $969 +5% $961 +10% $952
Rent -10% $855 -5% $912 +0% $969 +5% $1,026 +10% $1,084
Rate -1.0pp $982 -0.5pp $976 base $969 +0.5pp $963 +1.0pp $956

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
$6,250
Closing costs
$750
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 38 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3032 Hurlbut St Unit 1 Detroit, MI 2.0 1.0 950 $900 $0.95 5d 1 0.25mi
3475 Crane St Detroit, MI 3.0 1.5 1000 $1,338 $1.34 45d 1 0.29mi
2544 Cadillac Blvd Unit 2 Detroit, MI 2.0 1.0 973 $825 $0.85 25d 1 0.34mi
2282 Belvidere St Unit 102 Detroit, MI 2.0 2.0 1000 $1,250 $1.25 45d 1 0.34mi
3495 Garland St Detroit, MI 2.0 1.0 1100 $900 $0.82 45d 1 0.37mi
3501 Garland St Detroit, MI 2.0 1.0 1000 $900 $0.90 25d 1 0.37mi
4190 Hurlbut St Unit 2 Detroit, MI 2.0 1.0 900 $945 $1.05 16d 1 0.51mi
8843 E Canfield St Detroit, MI 4.0 2.0 1200 $2,400 $2.00 45d 1 0.60mi
4169 Burns St Detroit, MI 4.0 2.5 1326 $2,300 $1.73 25d 1 0.60mi
4487 French Rd Detroit, MI 4.0 2.0 1280 $1,800 $1.41 45d 1 0.82mi
8001 Kercheval Ave Detroit, MI 1.0–2.0 1.0–2.0 984 $2,270 $2.31 0d 3 0.86mi
3937 Beniteau St Detroit, MI 2.0 1.0 900 $950 $1.06 16d 1 0.90mi
8925 E Jefferson Ave Detroit, MI 1.0–2.0 1.0–2.0 1050 $1,945 $1.85 45d 9 0.90mi
3937 Beniteau St Unit 1 Detroit, MI 2.0 1.0 1250 $900 $0.72 45d 1 0.90mi
15111 E Vernor Hwy Unit 6 Detroit, MI 2.0 1.0 900 $1,200 $1.33 25d 1 0.91mi
8845 E Jefferson Apt 208 Detroit, MI 2.0 1.5 992 $1,635 $1.65 45d 1 0.93mi
8845 E Jefferson Ave Unit 203 Detroit, MI 2.0 1.5 1024 $1,515 $1.48 45d 1 0.93mi
8845 E Jefferson Ave Unit 207 Detroit, MI 2.0 1.5 1500 $1,695 $1.13 45d 1 0.93mi
8845 E Jefferson Ave Unit 205 Detroit, MI 2.0 1.5 960 $1,425 $1.48 45d 1 0.93mi
8845 E Jefferson Ave Unit 302 Detroit, MI 2.0 2.0 885 $1,460 $1.65 45d 1 0.93mi
8845 E Jefferson Ave Unit 206 Detroit, MI 2.0 1.5 1230 $1,660 $1.35 45d 1 0.93mi
8845 E Jefferson Ave Unit 204 Detroit, MI 2.0 1.5 1150 $2,350 $2.04 45d 1 0.93mi
4055 Beniteau St Detroit, MI 2.0 1.0 1000 $900 $0.90 18d 1 0.95mi
3460 Field St Detroit, MI 2.0 1.0 1000 $1,260 $1.26 6d 1 1.04mi
2972 Field St Detroit, MI 3.0 1.0 1225 $1,395 $1.14 18d 1 1.05mi
5342 Cooper St Detroit, MI 3.0 1.0 1125 $1,200 $1.07 25d 1 1.10mi
7410 Kercheval Ave Unit 212 Detroit, MI 2.0 2.0 1017 $1,950 $1.92 45d 1 1.13mi
4811 Seyburn St Detroit, MI 3.0 1.0 1196 $1,037 $0.87 18d 1 1.15mi
5045 Fairview St Detroit, MI 3.0 1.0 1303 $1,200 $0.92 45d 1 1.16mi
1454 Townsend St #101 Detroit, MI 2.0 2.0 1268 $2,500 $1.97 5d 1 1.17mi
450 Marquette Dr Detroit, MI 2.0 1.0 972 $1,200 $1.23 21d 1 1.18mi
7918 E Lafayette St #4 Detroit, MI 3.0 1.0 1150 $1,800 $1.57 19d 1 1.22mi
5380 Maxwell St Unit 5380 Detroit, MI 2.0 1.0 1100 $900 $0.82 19d 1 1.29mi
374 E Grand Blvd Unit 2A Detroit, MI 2.0 2.0 1450 $2,750 $1.90 45d 1 1.31mi
8100 E Jefferson Ave Detroit, MI 3.0 1.0–3.0 1089 $2,210 $2.03 20d 20 1.31mi
7700 E Jefferson Ave Detroit, MI 2.0 1.0 877 $1,795 $2.05 45d 1 1.44mi
5858 Seneca St Detroit, MI 3.0 1.0 1348 $999 $0.74 19d 1 1.46mi
625 Field St Detroit, MI 3.0 1.5 900 $882 $0.98 19d 1 1.50mi

Listing history 20 events

  1. 2025-04-03
    status Pending 905-char remark
    Show marketing remark (905 chars)

    * * Calling all investors. Prime investment opportunity near Jefferson Ave and Kercheval St in one of Detroit's rapidly revitalizing neighborhoods. This spacious property offers ample potential for renovation and value appreciation, with the option to purchase the adjacent home as a packaged deal for even greater investment returns. Situated near the vibrant Jefferson Chalmers Historic Business District, minutes from Grosse Pointe, and just a short drive to Downtown Detroit, this property benefits from ongoing redevelopment efforts, including new businesses, infrastructure improvements, and beautification projects. Its proximity to waterfront parks, dining, and major thoroughfares adds to its appeal. Investors looking for a flip, long-term holding, or rental income, take a look before they're gone. Please contact listing agent for more photos * * Adjacent Property: 9331 Goethe, Detroit, MI

  2. 2025-04-03
    status Pending
    Show marketing remark (905 chars)

    * * Calling all investors. Prime investment opportunity near Jefferson Ave and Kercheval St in one of Detroit's rapidly revitalizing neighborhoods. This spacious property offers ample potential for renovation and value appreciation, with the option to purchase the adjacent home as a packaged deal for even greater investment returns. Situated near the vibrant Jefferson Chalmers Historic Business District, minutes from Grosse Pointe, and just a short drive to Downtown Detroit, this property benefits from ongoing redevelopment efforts, including new businesses, infrastructure improvements, and beautification projects. Its proximity to waterfront parks, dining, and major thoroughfares adds to its appeal. Investors looking for a flip, long-term holding, or rental income, take a look before they're gone. Please contact listing agent for more photos * * Adjacent Property: 9331 Goethe, Detroit, MI

  3. 2025-03-18
    historical Accepting Backup Offers 905-char remark
    Show marketing remark (905 chars)

    * * Calling all investors. Prime investment opportunity near Jefferson Ave and Kercheval St in one of Detroit's rapidly revitalizing neighborhoods. This spacious property offers ample potential for renovation and value appreciation, with the option to purchase the adjacent home as a packaged deal for even greater investment returns. Situated near the vibrant Jefferson Chalmers Historic Business District, minutes from Grosse Pointe, and just a short drive to Downtown Detroit, this property benefits from ongoing redevelopment efforts, including new businesses, infrastructure improvements, and beautification projects. Its proximity to waterfront parks, dining, and major thoroughfares adds to its appeal. Investors looking for a flip, long-term holding, or rental income, take a look before they're gone. Please contact listing agent for more photos * * Adjacent Property: 9331 Goethe, Detroit, MI

  4. 2025-03-18
    historical Active Under Contract
    Show marketing remark (905 chars)

    * * Calling all investors. Prime investment opportunity near Jefferson Ave and Kercheval St in one of Detroit's rapidly revitalizing neighborhoods. This spacious property offers ample potential for renovation and value appreciation, with the option to purchase the adjacent home as a packaged deal for even greater investment returns. Situated near the vibrant Jefferson Chalmers Historic Business District, minutes from Grosse Pointe, and just a short drive to Downtown Detroit, this property benefits from ongoing redevelopment efforts, including new businesses, infrastructure improvements, and beautification projects. Its proximity to waterfront parks, dining, and major thoroughfares adds to its appeal. Investors looking for a flip, long-term holding, or rental income, take a look before they're gone. Please contact listing agent for more photos * * Adjacent Property: 9331 Goethe, Detroit, MI

  5. 2025-02-11
    price $25,000 905-char remark
    Show marketing remark (905 chars)

    * * Calling all investors. Prime investment opportunity near Jefferson Ave and Kercheval St in one of Detroit's rapidly revitalizing neighborhoods. This spacious property offers ample potential for renovation and value appreciation, with the option to purchase the adjacent home as a packaged deal for even greater investment returns. Situated near the vibrant Jefferson Chalmers Historic Business District, minutes from Grosse Pointe, and just a short drive to Downtown Detroit, this property benefits from ongoing redevelopment efforts, including new businesses, infrastructure improvements, and beautification projects. Its proximity to waterfront parks, dining, and major thoroughfares adds to its appeal. Investors looking for a flip, long-term holding, or rental income, take a look before they're gone. Please contact listing agent for more photos * * Adjacent Property: 9331 Goethe, Detroit, MI

  6. 2025-02-11
    price $25,000
    Show marketing remark (905 chars)

    * * Calling all investors. Prime investment opportunity near Jefferson Ave and Kercheval St in one of Detroit's rapidly revitalizing neighborhoods. This spacious property offers ample potential for renovation and value appreciation, with the option to purchase the adjacent home as a packaged deal for even greater investment returns. Situated near the vibrant Jefferson Chalmers Historic Business District, minutes from Grosse Pointe, and just a short drive to Downtown Detroit, this property benefits from ongoing redevelopment efforts, including new businesses, infrastructure improvements, and beautification projects. Its proximity to waterfront parks, dining, and major thoroughfares adds to its appeal. Investors looking for a flip, long-term holding, or rental income, take a look before they're gone. Please contact listing agent for more photos * * Adjacent Property: 9331 Goethe, Detroit, MI

  7. 2025-02-06
    listed $40,000 Active 905-char remark
    Show marketing remark (905 chars)

    * * Calling all investors. Prime investment opportunity near Jefferson Ave and Kercheval St in one of Detroit's rapidly revitalizing neighborhoods. This spacious property offers ample potential for renovation and value appreciation, with the option to purchase the adjacent home as a packaged deal for even greater investment returns. Situated near the vibrant Jefferson Chalmers Historic Business District, minutes from Grosse Pointe, and just a short drive to Downtown Detroit, this property benefits from ongoing redevelopment efforts, including new businesses, infrastructure improvements, and beautification projects. Its proximity to waterfront parks, dining, and major thoroughfares adds to its appeal. Investors looking for a flip, long-term holding, or rental income, take a look before they're gone. Please contact listing agent for more photos * * Adjacent Property: 9331 Goethe, Detroit, MI

  8. 2025-02-06
    listed $40,000 Active
    Show marketing remark (905 chars)

    * * Calling all investors. Prime investment opportunity near Jefferson Ave and Kercheval St in one of Detroit's rapidly revitalizing neighborhoods. This spacious property offers ample potential for renovation and value appreciation, with the option to purchase the adjacent home as a packaged deal for even greater investment returns. Situated near the vibrant Jefferson Chalmers Historic Business District, minutes from Grosse Pointe, and just a short drive to Downtown Detroit, this property benefits from ongoing redevelopment efforts, including new businesses, infrastructure improvements, and beautification projects. Its proximity to waterfront parks, dining, and major thoroughfares adds to its appeal. Investors looking for a flip, long-term holding, or rental income, take a look before they're gone. Please contact listing agent for more photos * * Adjacent Property: 9331 Goethe, Detroit, MI

  9. 2025-02-05
    historical $40,000 905-char remark
    Show marketing remark (905 chars)

    * * Calling all investors. Prime investment opportunity near Jefferson Ave and Kercheval St in one of Detroit's rapidly revitalizing neighborhoods. This spacious property offers ample potential for renovation and value appreciation, with the option to purchase the adjacent home as a packaged deal for even greater investment returns. Situated near the vibrant Jefferson Chalmers Historic Business District, minutes from Grosse Pointe, and just a short drive to Downtown Detroit, this property benefits from ongoing redevelopment efforts, including new businesses, infrastructure improvements, and beautification projects. Its proximity to waterfront parks, dining, and major thoroughfares adds to its appeal. Investors looking for a flip, long-term holding, or rental income, take a look before they're gone. Please contact listing agent for more photos * * Adjacent Property: 9331 Goethe, Detroit, MI

  10. 2023-05-06
    historical
  11. 2023-05-06
    historical
  12. 2023-04-25
    price $35,000
  13. 2023-04-25
    price $35,000
  14. 2023-04-13
    listed $50,000 Active
  15. 2023-04-13
    listed $50,000 Active
  16. 2011-02-25
    soldstatus $3,000
  17. 2011-02-21
    soldstatus $3,000
  18. 2011-01-20
    historical
  19. 2010-11-05
    listed $3,900
  20. 2010-11-02
    listed $3,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥96°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$17,349
− Mortgage interest
−$1,400
− Property taxes
−$375
− Insurance
−$125
− Repairs & maintenance
−$1,388
− Management
−$1,388
− Depreciation
−$727
Taxable income
$11,945
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,867
After-tax cash flow
$8,765/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
Detroit Public Schools Community District
NCES district ID
2601103
Math proficiency
10% ▼ -2.00%
Reading proficiency
24% ▲ 6.00%
Median HH income
$25,815
Composite
13.06/100
National rank
#9564
State rank
#499 of 540 in MI

Livability — Detroit

Score
73/100
State rank
#218
US rank
#5427

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Detroit, MI
County
Wayne County · 1,562,939 people
City population
572,865
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
18,595
Household income
$33,544
Rent vs Own
59.0% rent · 41.0% own
Severe rent burden
1364.0

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 (79%)
Race & ethnicity
Black 79% White 16% Two or more races 4%
Common ancestry
Romanian 1% Iranian 1% Lithuanian 1%
Foreign-born
3% · Canada, Jamaica
Languages at home
98% English-only · 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
▼ -367.43%
Current HPI
102.0969
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

Price history

+541.0% since first listed
20 events — show timeline
  • 2025-04-03 Pending MiRealSource-MiMLS
  • 2025-04-03 Pending REALCOMP
  • 2025-03-18 Contingent MiRealSource-MiMLS
  • 2025-03-18 Contingent REALCOMP
  • 2025-02-11 Price Changed $25,000 MiRealSource-MiMLS
  • 2025-02-11 Price Changed $25,000 REALCOMP
  • 2025-02-06 Listed $40,000 MiRealSource-MiMLS
  • 2025-02-06 Listed $40,000 REALCOMP
  • 2025-02-05 Coming Soon $40,000 MiRealSource-MiMLS
  • 2023-05-06 Listing Removed MiRealSource-MiMLS
  • 2023-05-06 Listing Removed REALCOMP
  • 2023-04-25 Price Changed $35,000 MiRealSource-MiMLS
  • 2023-04-25 Price Changed $35,000 REALCOMP
  • 2023-04-13 Listed $50,000 MiRealSource-MiMLS
  • 2023-04-13 Listed $50,000 REALCOMP
  • 2011-02-25 Sold (MLS) $3,000 MiRealSource-MiMLS
  • 2011-02-21 Sold (MLS) $3,000 REALCOMP
  • 2011-01-20 Listing Removed MiRealSource-MiMLS
  • 2010-11-05 Listed $3,900 MiRealSource-MiMLS
  • 2010-11-02 Listed $3,900 REALCOMP

Property tax history

+12.1%/yr

Latest (2025): $1,674 · +597.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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