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28050 Stuart Ave
C- Composite 53.57
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 +15.8/30.0
  • ARV discount +15.0/15.0
  • 1% rule +5.8/10.0
  • DSCR +4.9/10.0
  • Rent growth +3.7/5.0
  • Livability +3.6/5.0
  • Condition / age +2.5/5.0
  • Schools +2.4/10.0
  • Appreciation +0.0/10.0

$170,000

28050 Stuart Ave · Southfield, MI 48076
3 bd · 1.0 ba · 1,036 sqft · SingleFamily public records · 42 Days on market
Built 1957 8,276 sqft lot $164/sqft · 26% below area Est $228k · 26% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 28050 Stuart, a charming 3-bedroom, 1-bath brick ranch nestled in a peaceful Southfield neighborhood. This inviting one story home features a spacious, light-filled living area and an expansive backyard garden perfect for entertaining, relaxing, or enjoying family gatherings. A roof update completed in 2019 adds value & peace of mind for the next owner. Enjoy the convenience of being just minutes the Catalpa Oaks County Park, in progress of major renovations--offering updated amenities, walking trails, playgrounds, and beautiful green space. You'll also appreciate the close proximity to Simms Park, Anne Lathrup Park, and nearby municipal parks and recreation areas that add to the neighborhood's appeal. Its tranquil setting, outdoor space, and convenient access to local schools, shopping, dining, and major commuter routes make it a wonderful opportunity to enjoy comfortable living in a desirable location.

Key facts

  • 8,276 sq ft lot
  • Pool
  • Built 1957

Property features AI

Finance

  • Other: Subdivision: BONNIE ACRESNO 1; Lot dimensions approximately 60 x 140 (0.19 acres)

Exterior

  • Parking: No garage
  • Utilities: Public water; Sewer available
  • Home design: Single-family residence; One story; Ground-level entry with steps; Brick exterior; Facing direction not specified
  • Construction: Built with brick construction; Asphalt roof; Slab foundation; Above-grade finished area approximately 1,036 square feet
  • Exterior features: Deck; Fenced yard; Above-ground pool; Shed(s); Level lot; Paved road access

Interior

  • Kitchen: Free-standing gas oven; Free-standing refrigerator; Dishwasher not listed
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central air conditioning; Forced air heating with natural gas
  • Interior features: Dryer; Washer; Free-standing gas oven; Free-standing refrigerator; Laundry room; Total of 5 rooms
  • Laundry & utility: Laundry room; Washer; Dryer

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 $170k.

Deal economics

  • At list price, monthly cash flow is $77 ($921/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $170k).
  • Recommended offer: $165k (3.0% below list) — sets the bar for market timing.
  • Cap rate 6.8% vs local median 4.4% in Southfield — 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 72/100 on livability (#248 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D, health & safety D, crime F.
  • Southfield Public School District (urban): math 17% / reading 37% proficiency, ranked #392 of 540 in MI (top 73%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: Rents rising fast (+4.8%/yr); 93 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $1k of loan paydown is wiped out by about $5k 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

  • It's been on market 42 days — a 3% lower offer ($165k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts since 16y 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: property tax is 2.9% of price; built in 1957 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $164,900 (3.0% below list)

Questions for the listing agent

  1. It's been on market 42 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 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  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
1.08%
Cap rate
6.83%
Cash-on-cash
1.94%
DSCR
1.09
GRM
7.7

CMA / ARV

ARV (median comp)
$228,423
List price
$170,000
Delta
-25.58%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
28464 Stuart Ave 0.20mi 3/1.0 1,036 (0%) 4mo $210,000 $203 87
28426 Sutherland St 0.25mi 3/1.0 1,036 (0%) 4mo $169,000 $163 84
28249 Red Leaf Ln 0.11mi 3/1.5 1,100 (+6%) 8mo $236,000 $215 76
28110 Marshall St 0.48mi 3/1.0 1,056 (+2%) 2mo $181,000 $171 72
28091 Everett St 0.34mi 3/1.0 997 (-4%) 8mo $230,000 $231 71
28055 Aberdeen St 0.22mi 3/1.0 1,144 (+10%) 2mo $235,000 $205 71
28578 Marshall St 0.57mi 3/1.5 1,056 (+2%) 2mo $207,500 $196 66
3012 Greenfield Rd 0.63mi 3/1.0 1,065 (+3%) 0mo $245,000 $230 65
28060 Aberdeen St 0.25mi 3/1.0 1,144 (+10%) 7mo $170,000 $149 65
2690 Ellwood Ave 0.65mi 3/1.0 998 (-4%) 2mo $175,000 $175 62
16940 W 11 Mile Rd 0.51mi 2/1.5 (-1) 1,080 (+4%) 2mo $116,000 $107 60
28589 Brentwood St 0.59mi 4/1.0 (+1) 1,000 (-4%) 8mo $199,900 $200 55

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 · 4.84% rent growth · sell at horizon

5-year hold
IRR
-10.8%
Equity multiple
0.60×
Total profit
$-19,065
Equity at exit
$25,348
10-year hold
IRR
1.3%
Equity multiple
1.10×
Total profit
$4,976
Equity at exit
$14,698

Cash invested: $47,600 (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 48076

Rents YoY
4.8%
Active inventory
93
Price-to-rent
7.7×

Monthly cashflow live

Estimated rent
$1,829 high interval (Pro) →
Mortgage (P&I)
$891
Tax from tax record
$405 /mo · $4,865/yr
Insurance
$71
HOA
$0
Vacancy / Maint / Mgmt
$384
Net cashflow
$77

Break-even live

Break-even rent $1,731
Max offer price $170,000
Occupancy floor 91%

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
$42,500
Closing costs
$5,100
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 26 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
28051 Stuart Ave Southfield, MI 3.0 1.5 1441 $2,000 $1.39 16d 1 0.03mi
28291 Pierce St Southfield, MI 2.0 1.0 1332 $1,580 $1.19 24d 1 0.14mi
28124 Brentwood St Southfield, MI 3.0 1.0 1056 $1,800 $1.70 24d 1 0.53mi
17440 W Eleven Mile Rd Lathrup Village, MI 2.0 2.5 1264 $1,949 $1.54 5d 1 0.54mi
27435 Greenfield Rd Southfield, MI 2.0 2.0 1200 $1,399 $1.17 5d 1 0.61mi
15833 W Eleven Mile Rd Southfield, MI 1.0–2.0 1.0 905 $1,424 $1.57 2d 6 0.76mi
18248 W 12 Mile Rd Southfield, MI 1.0–2.0 1.0–2.0 902 $2,254 $2.50 1d 1 0.76mi
3644 Greenfield Rd Unit 3664 Greenfield Berkley, MI 2.0 1.5 950 $1,700 $1.79 18d 1 0.84mi
29890 Everett St Southfield, MI 3.0 1.5 1100 $2,200 $2.00 43d 1 1.02mi
3185 Buckingham Ave Berkley, MI 3.0 1.0 1091 $1,895 $1.74 24d 1 1.09mi
30256 Southfield Rd Southfield, MI 3.0 2.0 1238 $1,675 $1.35 24d 1 1.13mi
30256 Southfield Rd Southfield, MI 3.0 2.0 1227 $1,662 $1.35 5d 2 1.13mi
30276 Southfield Rd Unit 215 Southfield, MI 2.0 2.0 956 $1,399 $1.46 20d 1 1.16mi
30268 Southfield Rd #230 Southfield, MI 2.0 2.0 956 $1,450 $1.52 43d 1 1.21mi
18333 South Dr Southfield, MI 1.0–2.0 1.0–2.0 1044 $1,875 $1.80 2d 6 1.22mi
3936 Royal Ave Berkley, MI 3.0 2.0 900 $2,000 $2.22 43d 1 1.27mi
19500 W 11 Mile Rd Lathrup Village, MI 2.0 2.0 1393 $1,520 $1.09 12d 1 1.29mi
15075 Lincoln St Oak Park, MI 2.0 1.0–2.0 746 $1,240 $1.66 3d 1 1.36mi
14801 Lincoln St Oak Park, MI 2.0 1.0–1.5 990 $1,240 $1.25 3d 1 1.40mi
25500 Greenfield Rd Oak Park, MI 2.0 1.0 637 $1,310 $2.05 2d 12 1.43mi
18335 W 13 Mile Rd Southfield, MI 2.0 2.0 825 $1,858 $2.25 2d 9 1.47mi
25225 Greenfield Rd Southfield, MI 1.0–2.0 1.0 705 $1,133 $1.61 43d 6 1.48mi
25600 Briar Dr Oak Park, MI 2.0–3.0 1.5 1235 $1,935 $1.57 24d 7 1.49mi
2639 Oxford Rd Berkley, MI 2.0 1.0 1010 $2,495 $2.47 1d 1 1.49mi
2575 Catalpa Dr Unit 2575-06 Berkley, MI 2.0 2.0 1100 $1,695 $1.54 24d 1 1.50mi
2575 Catalpa Dr Unit 2575-16 Berkley, MI 2.0 1.0 1100 $1,495 $1.36 24d 1 1.50mi

Listing history 45 events

  1. 2026-06-18
    status $170,000 Pending 42 DOM
  2. 2026-06-17
    days on market $170,000 Active Under Contract 42 DOM
    Show marketing remark (934 chars)

    Welcome to 28050 Stuart, a charming 3-bedroom, 1-bath brick ranch nestled in a peaceful Southfield neighborhood. This inviting one story home features a spacious, light-filled living area and an expansive backyard garden perfect for entertaining, relaxing, or enjoying family gatherings. A roof update completed in 2019 adds value & peace of mind for the next owner. Enjoy the convenience of being just minutes the Catalpa Oaks County Park, in progress of major renovations--offering updated amenities, walking trails, playgrounds, and beautiful green space. You'll also appreciate the close proximity to Simms Park, Anne Lathrup Park, and nearby municipal parks and recreation areas that add to the neighborhood's appeal. Its tranquil setting, outdoor space, and convenient access to local schools, shopping, dining, and major commuter routes make it a wonderful opportunity to enjoy comfortable living in a desirable location.

  3. 2026-06-16
    days on market $170,000 Active Under Contract 41 DOM
  4. 2026-06-15
    days on market $170,000 Active Under Contract 40 DOM
  5. 2026-06-13
    days on market $170,000 Active Under Contract 38 DOM
  6. 2026-06-13
    days on market $170,000 Active Under Contract 37 DOM
  7. 2026-06-09
    days on market $170,000 Active Under Contract 34 DOM
  8. 2026-06-08
    days on market $170,000 Active Under Contract 33 DOM
  9. 2026-06-07
    statusdays on market $170,000 Active Under Contract 32 DOM
  10. 2026-06-04
    days on market $170,000 Active 29 DOM
  11. 2026-06-03
    days on market $170,000 Active 28 DOM
  12. 2026-06-02
    days on market $170,000 Active 27 DOM
    Show marketing remark (934 chars)

    Welcome to 28050 Stuart, a charming 3-bedroom, 1-bath brick ranch nestled in a peaceful Southfield neighborhood. This inviting one story home features a spacious, light-filled living area and an expansive backyard garden perfect for entertaining, relaxing, or enjoying family gatherings. A roof update completed in 2019 adds value & peace of mind for the next owner. Enjoy the convenience of being just minutes the Catalpa Oaks County Park, in progress of major renovations--offering updated amenities, walking trails, playgrounds, and beautiful green space. You'll also appreciate the close proximity to Simms Park, Anne Lathrup Park, and nearby municipal parks and recreation areas that add to the neighborhood's appeal. Its tranquil setting, outdoor space, and convenient access to local schools, shopping, dining, and major commuter routes make it a wonderful opportunity to enjoy comfortable living in a desirable location.

  13. 2026-06-02
    price $170,000 Active 26 DOM
    Show marketing remark (934 chars)

    Welcome to 28050 Stuart, a charming 3-bedroom, 1-bath brick ranch nestled in a peaceful Southfield neighborhood. This inviting one story home features a spacious, light-filled living area and an expansive backyard garden perfect for entertaining, relaxing, or enjoying family gatherings. A roof update completed in 2019 adds value & peace of mind for the next owner. Enjoy the convenience of being just minutes the Catalpa Oaks County Park, in progress of major renovations--offering updated amenities, walking trails, playgrounds, and beautiful green space. You'll also appreciate the close proximity to Simms Park, Anne Lathrup Park, and nearby municipal parks and recreation areas that add to the neighborhood's appeal. Its tranquil setting, outdoor space, and convenient access to local schools, shopping, dining, and major commuter routes make it a wonderful opportunity to enjoy comfortable living in a desirable location.

  14. 2026-06-01
    days on market $175,000 Active 26 DOM
  15. 2026-05-31
    days on market $175,000 Active 25 DOM
  16. 2026-05-07
    listed $175,000 Active 934-char remark
    Show marketing remark (934 chars)

    Welcome to 28050 Stuart, a charming 3-bedroom, 1-bath brick ranch nestled in a peaceful Southfield neighborhood. This inviting one story home features a spacious, light-filled living area and an expansive backyard garden perfect for entertaining, relaxing, or enjoying family gatherings. A roof update completed in 2019 adds value & peace of mind for the next owner. Enjoy the convenience of being just minutes the Catalpa Oaks County Park, in progress of major renovations--offering updated amenities, walking trails, playgrounds, and beautiful green space. You'll also appreciate the close proximity to Simms Park, Anne Lathrup Park, and nearby municipal parks and recreation areas that add to the neighborhood's appeal. Its tranquil setting, outdoor space, and convenient access to local schools, shopping, dining, and major commuter routes make it a wonderful opportunity to enjoy comfortable living in a desirable location.

  17. 2026-05-07
    listed $175,000 Active 946-char remark
    Show marketing remark (934 chars)

    Welcome to 28050 Stuart, a charming 3-bedroom, 1-bath brick ranch nestled in a peaceful Southfield neighborhood. This inviting one story home features a spacious, light-filled living area and an expansive backyard garden perfect for entertaining, relaxing, or enjoying family gatherings. A roof update completed in 2019 adds value & peace of mind for the next owner. Enjoy the convenience of being just minutes the Catalpa Oaks County Park, in progress of major renovations--offering updated amenities, walking trails, playgrounds, and beautiful green space. You'll also appreciate the close proximity to Simms Park, Anne Lathrup Park, and nearby municipal parks and recreation areas that add to the neighborhood's appeal. Its tranquil setting, outdoor space, and convenient access to local schools, shopping, dining, and major commuter routes make it a wonderful opportunity to enjoy comfortable living in a desirable location.

  18. 2026-05-06
    historical $175,000 934-char remark
    Show marketing remark (934 chars)

    Welcome to 28050 Stuart, a charming 3-bedroom, 1-bath brick ranch nestled in a peaceful Southfield neighborhood. This inviting one story home features a spacious, light-filled living area and an expansive backyard garden perfect for entertaining, relaxing, or enjoying family gatherings. A roof update completed in 2019 adds value & peace of mind for the next owner. Enjoy the convenience of being just minutes the Catalpa Oaks County Park, in progress of major renovations--offering updated amenities, walking trails, playgrounds, and beautiful green space. You'll also appreciate the close proximity to Simms Park, Anne Lathrup Park, and nearby municipal parks and recreation areas that add to the neighborhood's appeal. Its tranquil setting, outdoor space, and convenient access to local schools, shopping, dining, and major commuter routes make it a wonderful opportunity to enjoy comfortable living in a desirable location.

  19. 2024-10-18
    soldstatus $175,000
  20. 2024-10-10
    soldstatus $175,000 Sold
    Show marketing remark (489 chars)

    Welcome to 28050 Stuart, a charming 3-bedroom brick ranch nestled in a serene Southfield neighborhood. This inviting home offers a spacious, light-filled living area and an expansive backyard ideal for gatherings, with a roof updated in 2019 ensuring peace of mind. Although it doesn’t have a garage, the tranquil setting and proximity to local schools, parks, and shopping enhance its appeal. For more information or to schedule a visit, please reach out to Realtor Andre Wadley Jr.

  21. 2024-10-10
    soldstatus $175,000 Closed
    Show marketing remark (489 chars)

    Welcome to 28050 Stuart, a charming 3-bedroom brick ranch nestled in a serene Southfield neighborhood. This inviting home offers a spacious, light-filled living area and an expansive backyard ideal for gatherings, with a roof updated in 2019 ensuring peace of mind. Although it doesn’t have a garage, the tranquil setting and proximity to local schools, parks, and shopping enhance its appeal. For more information or to schedule a visit, please reach out to Realtor Andre Wadley Jr.

  22. 2024-09-23
    status Pending
    Show marketing remark (489 chars)

    Welcome to 28050 Stuart, a charming 3-bedroom brick ranch nestled in a serene Southfield neighborhood. This inviting home offers a spacious, light-filled living area and an expansive backyard ideal for gatherings, with a roof updated in 2019 ensuring peace of mind. Although it doesn’t have a garage, the tranquil setting and proximity to local schools, parks, and shopping enhance its appeal. For more information or to schedule a visit, please reach out to Realtor Andre Wadley Jr.

  23. 2024-09-23
    status Pending
    Show marketing remark (489 chars)

    Welcome to 28050 Stuart, a charming 3-bedroom brick ranch nestled in a serene Southfield neighborhood. This inviting home offers a spacious, light-filled living area and an expansive backyard ideal for gatherings, with a roof updated in 2019 ensuring peace of mind. Although it doesn’t have a garage, the tranquil setting and proximity to local schools, parks, and shopping enhance its appeal. For more information or to schedule a visit, please reach out to Realtor Andre Wadley Jr.

  24. 2024-09-11
    listed $189,000 Active
    Show marketing remark (489 chars)

    Welcome to 28050 Stuart, a charming 3-bedroom brick ranch nestled in a serene Southfield neighborhood. This inviting home offers a spacious, light-filled living area and an expansive backyard ideal for gatherings, with a roof updated in 2019 ensuring peace of mind. Although it doesn’t have a garage, the tranquil setting and proximity to local schools, parks, and shopping enhance its appeal. For more information or to schedule a visit, please reach out to Realtor Andre Wadley Jr.

  25. 2024-09-11
    listed $189,000 Active
    Show marketing remark (489 chars)

    Welcome to 28050 Stuart, a charming 3-bedroom brick ranch nestled in a serene Southfield neighborhood. This inviting home offers a spacious, light-filled living area and an expansive backyard ideal for gatherings, with a roof updated in 2019 ensuring peace of mind. Although it doesn’t have a garage, the tranquil setting and proximity to local schools, parks, and shopping enhance its appeal. For more information or to schedule a visit, please reach out to Realtor Andre Wadley Jr.

  26. 2016-01-06
    soldstatus $68,500
  27. 2016-01-06
    status Pending
  28. 2015-12-17
    soldstatus $68,500 Sold
  29. 2015-12-17
    soldstatus $68,500
  30. 2015-11-20
    historical
  31. 2015-11-16
    historical
  32. 2015-10-20
    listed $72,900 Active
  33. 2015-10-19
    listed $72,900
  34. 2015-10-18
    listed $72,900
  35. 2015-10-18
    historical
  36. 2015-10-18
    historical
  37. 2015-10-18
    listed $72,900
  38. 2010-12-03
    soldstatus $16,500
  39. 2010-12-03
    soldstatus $16,500
  40. 2010-11-17
    historical
  41. 2010-11-03
    listed $19,440
  42. 2010-11-03
    listed $19,440
  43. 2002-01-16
    soldstatus $60,000
  44. 2002-01-16
    soldstatus $100,000
  45. 1993-08-24
    soldstatus $60,000

ⓘ 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
$4,865 · $405/mo
Projected year-2 tax
$4,865 · $405/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 2/10 Low 7 d/yr ≥97°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 6 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
$21,943
− Mortgage interest
−$9,523
− Property taxes
−$4,865
− Insurance
−$850
− Repairs & maintenance
−$1,755
− Management
−$1,755
− Depreciation
−$4,945
Taxable loss
−$1,752
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$420
After-tax cash flow
$1,342/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
Southfield Public School District
NCES district ID
2632310
Math proficiency
17% ▼ -3.00%
Reading proficiency
37% ▲ 1.00%
Median HH income
$51,400
Composite
23.77/100
National rank
#7814
State rank
#392 of 540 in MI

Livability — Southfield

Score
72/100
State rank
#248
US rank
#6175

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Southfield, MI
County
Oakland County · 1,009,092 people
City population
54,914
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
25,405
Household income
$90,058
Rent vs Own
26.4% rent · 73.6% own
Severe rent burden
607.0

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
Diverse neighborhood (Simpson 0.57)
Race & ethnicity
Black 57% White 32% Two or more races 7% Hispanic / Latino 3% Asian 2%
Common ancestry
Romanian 3% Slovak 1% Scotch-Irish 1%
Foreign-born
8% · Canada, Vietnam
Languages at home
90% English-only · Spanish 3% Arabic 2% 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
▼ -192.13%
Current HPI
229.2304
Rent YoY
▲ 4.84%
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

+183.3% since first listed
36 events — show timeline
  • 2026-06-17 Pending MiRealSource-MiMLS
  • 2026-06-17 Pending REALCOMP
  • 2026-06-06 Contingent MiRealSource-MiMLS
  • 2026-06-06 Contingent REALCOMP
  • 2026-06-02 Price Changed $170,000 MiRealSource-MiMLS
  • 2026-06-01 Price Changed $170,000 REALCOMP
  • 2026-05-07 Listed $175,000 MiRealSource-MiMLS
  • 2026-05-07 Listed $175,000 REALCOMP
  • 2026-05-06 Coming Soon $175,000 MiRealSource-MiMLS
  • 2024-10-18 Sold (Public Records) $175,000 Public Records
  • 2024-10-10 Sold (MLS) $175,000 MiRealSource-MiMLS
  • 2024-10-10 Sold (MLS) $175,000 REALCOMP
  • 2024-09-23 Pending MiRealSource-MiMLS
  • 2024-09-23 Pending REALCOMP
  • 2024-09-11 Listed $189,000 MiRealSource-MiMLS
  • 2024-09-11 Listed $189,000 REALCOMP
  • 2016-01-06 Sold (Public Records) $68,500 Public Records
  • 2016-01-06 Pending REALCOMP
  • 2015-12-17 Sold (MLS) $68,500 MiRealSource-MiMLS
  • 2015-12-17 Sold (MLS) $68,500 REALCOMP
  • 2015-11-20 Listing Removed REALCOMP
  • 2015-11-16 Listing Removed MiRealSource-MiMLS
  • 2015-10-20 Listed $72,900 REALCOMP
  • 2015-10-19 Listed $72,900 MiRealSource-MiMLS
  • 2015-10-18 Listing Removed MiRealSource-MiMLS
  • 2015-10-18 Listed $72,900 MiRealSource-MiMLS
  • 2015-10-18 Listing Removed REALCOMP
  • 2015-10-18 Listed $72,900 REALCOMP
  • 2010-12-03 Sold (MLS) $16,500 MiRealSource-MiMLS
  • 2010-12-03 Sold (MLS) $16,500 REALCOMP
  • 2010-11-17 Listing Removed MiRealSource-MiMLS
  • 2010-11-03 Listed $19,440 MiRealSource-MiMLS
  • 2010-11-03 Listed $19,440 REALCOMP
  • 2002-01-16 Sold (Public Records) $100,000 Public Records
  • 2002-01-16 Sold (Public Records) $60,000 Public Records
  • 1993-08-24 Sold (Public Records) $60,000 Public Records

Property tax history

+11.1%/yr

Latest (2025): $4,865 · +128.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…