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23392 Cayuga Ave
C+ Composite 61.26
Why this score? — see what drove the C+ 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 +21.9/30.0
  • ARV discount +15.0/15.0
  • DSCR +7.0/10.0
  • 1% rule +6.2/10.0
  • Livability +4.0/5.0
  • Rent growth +3.2/5.0
  • Condition / age +2.5/5.0
  • Schools +1.4/10.0
  • Appreciation +0.0/10.0

$129,900

23392 Cayuga Ave · Hazel Park, MI 48030
2 bd · 1.0 ba · 875 sqft · SingleFamily public records · 7 Days on market
Built 1924 4,356 sqft lot Est $157k · 17% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Nicely updated 2-bedroom ranch in true turn-key condition, offering comfort and functionality throughout. You'll appreciate the beautiful hardwood flooring and a well-designed layout that makes the home feel both practical and inviting. The spacious kitchen features new LVP flooring and provides plenty of room for cooking and dining. The completely renovated bathroom adds a clean, modern touch, while one of the bedrooms offers hardwood flooring underneath for added potential. Major updates include newer vinyl siding and a newer roof, giving you peace of mind. Conveniently located near downtown Hazel Park with easy access to shopping, dining, and major freeways, this home is a great option for buyers seeking value and convenience.

Key facts

  • 4,356 sq ft lot
  • Built 1924
  • Listed 7 days

Property features AI

Exterior

  • Parking: No garage
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; One story; Ground-level entry; Vinyl siding
  • Construction: Built with vinyl siding; Block foundation
  • Exterior features: Porch; Back yard with fencing; Asphalt roof; Paved road access; Lot approximately 0.1 acre (40 x 109)

Interior

  • Kitchen: Free-standing gas range; Free-standing refrigerator; Microwave
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Forced air heating (natural gas); Central air conditioning
  • Interior features: Gas water heater; Microwave; Unfinished basement

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 $130k.

Deal economics

  • At list price, monthly cash flow is $205 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $130k).
  • Cap rate 8.2% vs local median 6.2% in Hazel Park — 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 81/100 on livability (#65 in MI, #1,385 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, schools D.
  • Hazel Park School District (suburban): math 10% / reading 24% proficiency, ranked #490 of 540 in MI (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+2.9%/yr); 135 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $898 of loan paydown is wiped out by about $4k 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 7 days on market — expect competitive offers; lowballing is unlikely to land.
  • 13 sale attempts since 19y 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.

Risks & watch-outs

  • Watch-outs: built in 1924 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $129,900

Questions for the listing agent

  1. Built in 1924 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  4. 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.
  5. 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.
  6. 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
1.12%
Cap rate
8.19%
Cash-on-cash
6.76%
DSCR
1.30
GRM
7.5

CMA / ARV

ARV (on-the-fly)
$156,625
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
23392 Cayuga Ave 0.00mi 2/1.0 875 (0%) 1mo $145,000 $166 99
23345 Tawas Ave 0.13mi 2/1.0 930 (+6%) 1mo $118,000 $127 82
23384 Vassar Ave 0.05mi 3/1.0 (+1) 940 (+7%) 0mo $212,000 $226 80
23441 Hazelwood Ave 0.18mi 2/1.0 790 (-10%) 0mo $142,500 $180 75
23067 Hazelwood Ave 0.26mi 3/1.0 (+1) 918 (+5%) 1mo $120,000 $131 74
23440 Couzens Ave 0.07mi 2/1.0 745 (-15%) 2mo $110,000 $148 70
352 E Goulson Ave 0.51mi 2/1.0 924 (+6%) 2mo $216,000 $234 66
23036 Couzens Ave 0.23mi 3/1.0 (+1) 973 (+11%) 1mo $215,000 $221 65
720 E Granet Ave 0.70mi 2/1.0 891 (+2%) 3mo $159,900 $179 62
23448 Easterling Ave 0.31mi 3/1.0 (+1) 1,000 (+14%) 1mo $169,405 $169 56
1644 E Goulson Ave 0.58mi 3/1.0 (+1) 952 (+9%) 0mo $139,950 $147 53
1521 E Granet Ave 0.74mi 3/2.0 (+1) 1,000 (+14%) 3mo $195,000 $195 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 · 2.9% rent growth · sell at horizon

5-year hold
IRR
-6.0%
Equity multiple
0.78×
Total profit
$-8,093
Equity at exit
$19,369
10-year hold
IRR
3.6%
Equity multiple
1.26×
Total profit
$9,359
Equity at exit
$11,231

Cash invested: $36,372 (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 48030

Rents YoY
2.9%
Active inventory
135
Price-to-rent
7.5×

Monthly cashflow live

Estimated rent
$1,449 high interval (Pro) →
Mortgage (P&I)
$681
Tax from tax record
$204 /mo · $2,452/yr
Insurance
$54
HOA
$0
Vacancy / Maint / Mgmt
$304
Net cashflow
$205

Break-even live

Break-even rent $1,189
Max offer price $129,900
Occupancy floor 81%

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
$32,475
Closing costs
$3,897
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 33 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
23345 Tawas Ave Hazel Park, MI 3.0 1.0 1000 $1,550 $1.55 11d 1 0.11mi
23115 Tawas Ave Hazel Park, MI 2.0 1.0 706 $1,375 $1.95 24d 1 0.16mi
23773 Hazelwood Ave Hazel Park, MI 2.0 1.0 671 $1,400 $2.09 12d 1 0.24mi
1045 E Woodward Heights Blvd Hazel Park, MI 1.0–2.0 1.0 715 $1,209 $1.69 24d 3 0.30mi
23077 Davey Ave Hazel Park, MI 3.0 1.0 933 $1,895 $2.03 24d 1 0.51mi
1770 E Woodward Heights Blvd Unit C1 Hazel Park, MI 1.0 1.0 550 $1,350 $2.45 24d 1 0.57mi
1770 E Woodward Heights Blvd Hazel Park, MI 2.0 1.0 850 $1,525 $1.79 12d 1 0.57mi
1770 E Woodward Heights Blvd Unit C6 Hazel Park, MI 1.0 1.0 550 $1,100 $2.00 24d 1 0.57mi
1770 E Woodward Heights Blvd Unit E3 Hazel Park, MI 2.0 1.0 850 $1,300 $1.53 24d 1 0.57mi
1770 E Woodward Heights Blvd Hazel Park, MI 1.0–2.0 1.0 712 $1,400 $1.96 5d 1 0.57mi
1771 E Woodward Heights Blvd #8 Hazel Park, MI 1.0 1.0 800 $990 $1.24 3d 1 0.59mi
266 W Goulson Ave Hazel Park, MI 3.0 1.0 942 $1,600 $1.70 22d 1 0.66mi
1731 E Pearl Ave Hazel Park, MI 3.0 1.0 844 $1,500 $1.78 20d 1 0.69mi
90 W Meyers Ave Hazel Park, MI 2.0 1.0 831 $1,800 $2.17 24d 1 0.85mi
2023 Ardmore Dr Ferndale, MI 2.0 1.0 771 $1,250 $1.62 24d 1 0.85mi
1326 E Evelyn Ave Unit 1032332P Hazel Park, MI 3.0 2.0 1097 $6,448 $5.88 1d 1 0.86mi
1621 E Evelyn Ave Hazel Park, MI 2.0 1.0 749 $1,295 $1.73 18d 1 0.91mi
1211 E Bernhard Ave Hazel Park, MI 2.0 1.0 721 $1,500 $2.08 24d 1 0.97mi
2709 Capitol Ave Warren, MI 3.0 2.0 1056 $1,649 $1.56 43d 1 0.99mi
25151 Dequindre Rd Madison Heights, MI 3.0 2.0 1088 $1,279 $1.18 24d 1 1.00mi
2215 Browning St Ferndale, MI 2.0 1.0 739 $1,350 $1.83 4d 1 1.05mi
1019 E Hayes Ave Unit 1032331P Hazel Park, MI 3.0 1.0 1033 $5,301 $5.13 1d 1 1.06mi
27 E Milton Ave Hazel Park, MI 1.0 1.0 568 $1,050 $1.85 15d 1 1.07mi
21516 Dequindre Rd Warren, MI 1.0–2.0 1.0 837 $1,375 $1.64 22d 1 1.08mi
407 E Hayes Ave Hazel Park, MI 3.0 1.0 1000 $1,750 $1.75 24d 1 1.09mi
2181 Coy St Ferndale, MI 3.0 1.0 1050 $1,995 $1.90 11d 1 1.25mi
155 W George Ave Hazel Park, MI 2.0 1.0 725 $1,000 $1.38 24d 1 1.26mi
1800 Browning St Ferndale, MI 2.0 1.0 809 $1,600 $1.98 5d 1 1.27mi
1561 E Webster St Ferndale, MI 2.0 1.0 939 $1,600 $1.70 24d 1 1.28mi
2034 John B Ave Warren, MI 3.0 1.0 920 $1,261 $1.37 43d 1 1.32mi
328 W Kalama Ave Madison Heights, MI 3.0 1.0 900 $1,575 $1.75 5d 1 1.33mi
21155 Warner Ave Warren, MI 2.0 1.0 756 $1,029 $1.36 24d 1 1.37mi
3840 Bart Ave Warren, MI 3.0 1.0 1062 $1,350 $1.27 24d 1 1.44mi

Listing history 41 events

  1. 2026-04-29
    status Pending 739-char remark
    Show marketing remark (739 chars)

    Nicely updated 2-bedroom ranch in true turn-key condition, offering comfort and functionality throughout. You'll appreciate the beautiful hardwood flooring and a well-designed layout that makes the home feel both practical and inviting. The spacious kitchen features new LVP flooring and provides plenty of room for cooking and dining. The completely renovated bathroom adds a clean, modern touch, while one of the bedrooms offers hardwood flooring underneath for added potential. Major updates include newer vinyl siding and a newer roof, giving you peace of mind. Conveniently located near downtown Hazel Park with easy access to shopping, dining, and major freeways, this home is a great option for buyers seeking value and convenience.

  2. 2026-04-29
    status Pending
    Show marketing remark (739 chars)

    Nicely updated 2-bedroom ranch in true turn-key condition, offering comfort and functionality throughout. You'll appreciate the beautiful hardwood flooring and a well-designed layout that makes the home feel both practical and inviting. The spacious kitchen features new LVP flooring and provides plenty of room for cooking and dining. The completely renovated bathroom adds a clean, modern touch, while one of the bedrooms offers hardwood flooring underneath for added potential. Major updates include newer vinyl siding and a newer roof, giving you peace of mind. Conveniently located near downtown Hazel Park with easy access to shopping, dining, and major freeways, this home is a great option for buyers seeking value and convenience.

  3. 2026-04-24
    historical Accepting Backup Offers 739-char remark
    Show marketing remark (739 chars)

    Nicely updated 2-bedroom ranch in true turn-key condition, offering comfort and functionality throughout. You'll appreciate the beautiful hardwood flooring and a well-designed layout that makes the home feel both practical and inviting. The spacious kitchen features new LVP flooring and provides plenty of room for cooking and dining. The completely renovated bathroom adds a clean, modern touch, while one of the bedrooms offers hardwood flooring underneath for added potential. Major updates include newer vinyl siding and a newer roof, giving you peace of mind. Conveniently located near downtown Hazel Park with easy access to shopping, dining, and major freeways, this home is a great option for buyers seeking value and convenience.

  4. 2026-04-24
    historical Active Under Contract
    Show marketing remark (739 chars)

    Nicely updated 2-bedroom ranch in true turn-key condition, offering comfort and functionality throughout. You'll appreciate the beautiful hardwood flooring and a well-designed layout that makes the home feel both practical and inviting. The spacious kitchen features new LVP flooring and provides plenty of room for cooking and dining. The completely renovated bathroom adds a clean, modern touch, while one of the bedrooms offers hardwood flooring underneath for added potential. Major updates include newer vinyl siding and a newer roof, giving you peace of mind. Conveniently located near downtown Hazel Park with easy access to shopping, dining, and major freeways, this home is a great option for buyers seeking value and convenience.

  5. 2026-04-23
    listed $129,900 Active 739-char remark
    Show marketing remark (739 chars)

    Nicely updated 2-bedroom ranch in true turn-key condition, offering comfort and functionality throughout. You'll appreciate the beautiful hardwood flooring and a well-designed layout that makes the home feel both practical and inviting. The spacious kitchen features new LVP flooring and provides plenty of room for cooking and dining. The completely renovated bathroom adds a clean, modern touch, while one of the bedrooms offers hardwood flooring underneath for added potential. Major updates include newer vinyl siding and a newer roof, giving you peace of mind. Conveniently located near downtown Hazel Park with easy access to shopping, dining, and major freeways, this home is a great option for buyers seeking value and convenience.

  6. 2026-04-23
    listed $129,900 Active
    Show marketing remark (739 chars)

    Nicely updated 2-bedroom ranch in true turn-key condition, offering comfort and functionality throughout. You'll appreciate the beautiful hardwood flooring and a well-designed layout that makes the home feel both practical and inviting. The spacious kitchen features new LVP flooring and provides plenty of room for cooking and dining. The completely renovated bathroom adds a clean, modern touch, while one of the bedrooms offers hardwood flooring underneath for added potential. Major updates include newer vinyl siding and a newer roof, giving you peace of mind. Conveniently located near downtown Hazel Park with easy access to shopping, dining, and major freeways, this home is a great option for buyers seeking value and convenience.

  7. 2026-04-20
    historical $129,900 739-char remark
    Show marketing remark (739 chars)

    Nicely updated 2-bedroom ranch in true turn-key condition, offering comfort and functionality throughout. You'll appreciate the beautiful hardwood flooring and a well-designed layout that makes the home feel both practical and inviting. The spacious kitchen features new LVP flooring and provides plenty of room for cooking and dining. The completely renovated bathroom adds a clean, modern touch, while one of the bedrooms offers hardwood flooring underneath for added potential. Major updates include newer vinyl siding and a newer roof, giving you peace of mind. Conveniently located near downtown Hazel Park with easy access to shopping, dining, and major freeways, this home is a great option for buyers seeking value and convenience.

  8. 2020-11-09
    soldstatus $114,900
  9. 2020-10-19
    soldstatus $114,900 Sold 195-char remark
    Show marketing remark (195 chars)

    Cute 2 bedroom north of 9 Mile. Newer vinyl siding. Newer roof. Hardwood floors. Some waterproofing in basement & glass block. Copper pub. Tile bath. Easy to show. Interior freshly painted.

  10. 2020-10-19
    soldstatus $114,900 Closed
    Show marketing remark (195 chars)

    Cute 2 bedroom north of 9 Mile. Newer vinyl siding. Newer roof. Hardwood floors. Some waterproofing in basement & glass block. Copper pub. Tile bath. Easy to show. Interior freshly painted.

  11. 2020-09-10
    status Pending
    Show marketing remark (195 chars)

    Cute 2 bedroom north of 9 Mile. Newer vinyl siding. Newer roof. Hardwood floors. Some waterproofing in basement & glass block. Copper pub. Tile bath. Easy to show. Interior freshly painted.

  12. 2020-09-10
    status Pending 195-char remark
    Show marketing remark (195 chars)

    Cute 2 bedroom north of 9 Mile. Newer vinyl siding. Newer roof. Hardwood floors. Some waterproofing in basement & glass block. Copper pub. Tile bath. Easy to show. Interior freshly painted.

  13. 2020-09-09
    historical Accepting Backup Offers
    Show marketing remark (195 chars)

    Cute 2 bedroom north of 9 Mile. Newer vinyl siding. Newer roof. Hardwood floors. Some waterproofing in basement & glass block. Copper pub. Tile bath. Easy to show. Interior freshly painted.

  14. 2020-09-09
    historical Accepting Backup Offers 195-char remark
    Show marketing remark (195 chars)

    Cute 2 bedroom north of 9 Mile. Newer vinyl siding. Newer roof. Hardwood floors. Some waterproofing in basement & glass block. Copper pub. Tile bath. Easy to show. Interior freshly painted.

  15. 2020-09-01
    price $114,900
    Show marketing remark (195 chars)

    Cute 2 bedroom north of 9 Mile. Newer vinyl siding. Newer roof. Hardwood floors. Some waterproofing in basement & glass block. Copper pub. Tile bath. Easy to show. Interior freshly painted.

  16. 2020-09-01
    price $114,900 195-char remark
    Show marketing remark (195 chars)

    Cute 2 bedroom north of 9 Mile. Newer vinyl siding. Newer roof. Hardwood floors. Some waterproofing in basement & glass block. Copper pub. Tile bath. Easy to show. Interior freshly painted.

  17. 2020-08-18
    price $119,900
  18. 2020-08-16
    price $119,900 195-char remark
    Show marketing remark (195 chars)

    Cute 2 bedroom north of 9 Mile. Newer vinyl siding. Newer roof. Hardwood floors. Some waterproofing in basement & glass block. Copper pub. Tile bath. Easy to show. Interior freshly painted.

  19. 2020-08-09
    status Active
    Show marketing remark (195 chars)

    Cute 2 bedroom north of 9 Mile. Newer vinyl siding. Newer roof. Hardwood floors. Some waterproofing in basement & glass block. Copper pub. Tile bath. Easy to show. Interior freshly painted.

  20. 2020-08-09
    status Active 195-char remark
    Show marketing remark (195 chars)

    Cute 2 bedroom north of 9 Mile. Newer vinyl siding. Newer roof. Hardwood floors. Some waterproofing in basement & glass block. Copper pub. Tile bath. Easy to show. Interior freshly painted.

  21. 2020-08-06
    historical Accepting Backup Offers
    Show marketing remark (195 chars)

    Cute 2 bedroom north of 9 Mile. Newer vinyl siding. Newer roof. Hardwood floors. Some waterproofing in basement & glass block. Copper pub. Tile bath. Easy to show. Interior freshly painted.

  22. 2020-08-06
    historical Accepting Backup Offers 195-char remark
    Show marketing remark (195 chars)

    Cute 2 bedroom north of 9 Mile. Newer vinyl siding. Newer roof. Hardwood floors. Some waterproofing in basement & glass block. Copper pub. Tile bath. Easy to show. Interior freshly painted.

  23. 2020-07-31
    listed $126,000 Active 195-char remark
    Show marketing remark (195 chars)

    Cute 2 bedroom north of 9 Mile. Newer vinyl siding. Newer roof. Hardwood floors. Some waterproofing in basement & glass block. Copper pub. Tile bath. Easy to show. Interior freshly painted.

  24. 2020-07-31
    listed $126,000 Active
    Show marketing remark (195 chars)

    Cute 2 bedroom north of 9 Mile. Newer vinyl siding. Newer roof. Hardwood floors. Some waterproofing in basement & glass block. Copper pub. Tile bath. Easy to show. Interior freshly painted.

  25. 2009-04-01
    historical
  26. 2009-04-01
    historical
  27. 2009-02-23
    listed $49,500
  28. 2009-02-23
    listed $49,500
  29. 2009-02-23
    historical
  30. 2009-02-23
    historical
  31. 2009-01-09
    listed $52,425
  32. 2009-01-08
    listed $52,425
  33. 2008-09-10
    soldstatus $10,000
  34. 2008-09-10
    soldstatus $10,000
  35. 2008-08-29
    historical
  36. 2008-01-18
    historical
  37. 2007-07-05
    listed $14,500
  38. 2007-07-05
    listed $14,500
  39. 2007-07-05
    listed $39,900
  40. 1993-06-08
    soldstatus $33,000
  41. 1990-04-27
    soldstatus $7,395

ⓘ 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
$2,452 · $204/mo
Projected year-2 tax
$2,452 · $204/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 ≥97°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
$17,387
− Mortgage interest
−$7,276
− Property taxes
−$2,452
− Insurance
−$650
− Repairs & maintenance
−$1,391
− Management
−$1,391
− Depreciation
−$3,779
Taxable income
$448
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$108
After-tax cash flow
$2,352/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
Hazel Park School District
NCES district ID
2618030
Math proficiency
10% ▼ -2.00%
Reading proficiency
24% ▲ 1.00%
Median HH income
$36,181
Composite
14.05/100
National rank
#9466
State rank
#490 of 540 in MI

Livability — Hazel Park

Score
81/100
State rank
#65
US rank
#1385

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Hazel Park, MI
County
Oakland County · 1,009,092 people
City population
14,963
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
14,963
Household income
$67,073
Rent vs Own
33.9% rent · 66.1% own
Severe rent burden
432.0

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 (74%)
Race & ethnicity
White 74% Two or more races 10% Black 10% Hispanic / Latino 6% Asian 1%
Hispanic origin (detail)
Mexican 3% Puerto Rican 2%
Common ancestry
Romanian 11% Slovak 3% Lithuanian 2%
Foreign-born
5% · Canada
Languages at home
92% English-only · Spanish 5% Arabic 1% 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
▼ -184.32%
Current HPI
285.5923
Rent YoY
▲ 2.90%
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

+1656.6% since first listed
41 events — show timeline
  • 2026-04-29 Pending MiRealSource-MiMLS
  • 2026-04-29 Pending REALCOMP
  • 2026-04-24 Contingent MiRealSource-MiMLS
  • 2026-04-24 Contingent REALCOMP
  • 2026-04-23 Listed $129,900 MiRealSource-MiMLS
  • 2026-04-23 Listed $129,900 REALCOMP
  • 2026-04-20 Coming Soon $129,900 MiRealSource-MiMLS
  • 2020-11-09 Sold (Public Records) $114,900 Public Records
  • 2020-10-19 Sold (MLS) $114,900 MiRealSource-MiMLS
  • 2020-10-19 Sold (MLS) $114,900 REALCOMP
  • 2020-09-10 Pending MiRealSource-MiMLS
  • 2020-09-10 Pending REALCOMP
  • 2020-09-09 Contingent MiRealSource-MiMLS
  • 2020-09-09 Contingent REALCOMP
  • 2020-09-01 Price Changed $114,900 MiRealSource-MiMLS
  • 2020-09-01 Price Changed $114,900 REALCOMP
  • 2020-08-18 Price Changed $119,900 MiRealSource-MiMLS
  • 2020-08-16 Price Changed $119,900 REALCOMP
  • 2020-08-09 Relisted MiRealSource-MiMLS
  • 2020-08-09 Relisted REALCOMP
  • 2020-08-06 Contingent MiRealSource-MiMLS
  • 2020-08-06 Contingent REALCOMP
  • 2020-07-31 Listed $126,000 MiRealSource-MiMLS
  • 2020-07-31 Listed $126,000 REALCOMP
  • 2009-04-01 Listing Removed REALCOMP
  • 2009-04-01 Listing Removed MiRealSource-MiMLS
  • 2009-02-23 Listing Removed REALCOMP
  • 2009-02-23 Listing Removed MiRealSource-MiMLS
  • 2009-02-23 Listed $49,500 REALCOMP
  • 2009-02-23 Listed $49,500 MiRealSource-MiMLS
  • 2009-01-09 Listed $52,425 MiRealSource-MiMLS
  • 2009-01-08 Listed $52,425 REALCOMP
  • 2008-09-10 Sold (MLS) $10,000 MiRealSource-MiMLS
  • 2008-09-10 Sold (MLS) $10,000 REALCOMP
  • 2008-08-29 Listing Removed MiRealSource-MiMLS
  • 2008-01-18 Listing Removed REALCOMP
  • 2007-07-05 Listed $39,900 REALCOMP
  • 2007-07-05 Listed $14,500 MiRealSource-MiMLS
  • 2007-07-05 Listed $14,500 REALCOMP
  • 1993-06-08 Sold (Public Records) $33,000 Public Records
  • 1990-04-27 Sold (Public Records) $7,395 Public Records

Property tax history

+5.5%/yr

Latest (2025): $2,452 · +1.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…