7901 Roosevelt St · Taylor, MI 48180

$150,000

3 bd · 1.0 ba · 957 sqft · SingleFamily public records · 4 Days on market

Built 1954 5,663 sqft lot Est $173k · 13% under

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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 +22.3/30.0
• ARV discount +13.5/15.0
• DSCR +7.2/10.0
• 1% rule +5.2/10.0
• Livability +3.8/5.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Coming Home…Traditions, reliability, and memories. If this home could talk, what fun times it would share. Welcome to a home full of love, character, and charm. Being offered for the first time since 1978, this three-bedroom, one-bath ranch offers a unique combination of quality and comfort. Features include large formal living room with dining niche, cozy light & airy kitchen and spacious primary suite. The secondary bedrooms are sizable as well! The third bedroom has a collapsible partition wall that opens to the living room. The perfect flex room when you have large gatherings and need more space or if you prefer your own personal office area. Other features. .. dimensional roof, newer siding, replacement windows, newer electrical with generator hook-up and more! The private fenced rear yard has a covered patio that's ready for your barbeque grill and all your future cookouts. Oversized 1 1/2 Car Detached Garage ideal for a workshop where you should have space enough for your vehicle and your tools too. The home is solidly built and ready for its new owner. Whether you're starting out, starting over or just want less maintenance all on one level, then this one is for you! Overlooking the park and close proximity to shops, doctors, offices, schools, and expressways. Feel the sense of the past while building your future and making your own memories. Hurry, this deal won't last!

Key facts

• 5,663 sq ft lot
• Garage
• Built 1954

Property features AI

Finance

• Other: Pets allowed

Exterior

• Parking: Detached oversized garage with garage door opener (1.5 car spaces)
• Utilities: Public water; Public sewer; Electric with circuit breakers
• Home design: Single-family residence; One story; Ground-level entry
• Construction: Vinyl siding; Asphalt roof; Slab foundation; Built as residential single-family
• Exterior features: Covered patio; Patio; Fenced backyard

Interior

• Kitchen: Dishwasher; Disposal; Free-standing electric range; Free-standing refrigerator
• Bedrooms: 7 rooms total (includes bedrooms and living spaces)
• Bathrooms: 1 full bathroom
• Heating & cooling: Central air; Ceiling fan(s); Forced air heating; Natural gas heating
• Interior features: Dishwasher; Disposal; Free-standing electric range; Free-standing refrigerator
• Laundry & utility: Laundry room with washer hookup; Gas dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $248 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Cap rate 8.3% vs local median 5.4% in Taylor — 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 76/100 on livability (#144 in MI, #3,684 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, schools F, crime F.
• Taylor School District (urban): math 14% / reading 27% proficiency, ranked #462 of 540 in MI (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.9%/yr); 281 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 30% of the median local income ($61k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 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.

Risks & watch-outs

• Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $150,000

Questions for the listing agent

1. Built in 1954 — 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 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.02% ✓
• Cap rate: 8.28%
• Cash-on-cash: 7.09%
• DSCR: 1.32
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $173,217
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8019 Roosevelt St	0.06mi	3/1.0	957 (0%)	3mo	$175,100	$183	95
7866 Dudley St	0.16mi	3/1.0	957 (0%)	5mo	$172,900	$181	88
8003 Roosevelt St	0.04mi	3/1.0	1,029 (+8%)	1mo	$195,000	$190	85
22324 Wohlfeil St	0.26mi	2/2.0 (-1)	948 (-1%)	5mo	$190,000	$200	74
7235 Mortenview Dr	0.50mi	3/1.0	946 (-1%)	4mo	$169,900	$180	72
8339 Birch St	0.58mi	3/1.0	994 (+4%)	1mo	$142,000	$143	66
6731 Harding St	0.68mi	3/1.0	1,001 (+5%)	5mo	$184,000	$184	56
7166 Pardee Rd	0.55mi	2/1.0 (-1)	850 (-11%)	1mo	$73,000	$86	50
21144 Pinecrest St	0.63mi	3/1.0	1,074 (+12%)	1mo	$135,000	$126	50
8910 Mason St	0.65mi	3/1.0	1,053 (+10%)	5mo	$145,000	$138	49
7140 Elm St	0.67mi	3/1.0	851 (-11%)	3mo	$165,000	$194	48
7921 Pine St	0.70mi	3/1.0	832 (-13%)	7mo	$143,264	$172	40

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 · 4.9% rent growth · sell at horizon

5-year hold

• IRR: -3.4%
• Equity multiple: 0.87×
• Total profit: $-5,519
• Equity at exit: $22,365

10-year hold

• IRR: 8.2%
• Equity multiple: 1.67×
• Total profit: $28,250
• Equity at exit: $12,969

Cash invested: $42,000 (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.

Methodology + full state rankings →

ZIP-level market 48180

• Rents YoY: 4.9%
• Active inventory: 281
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,537 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$117 /mo · $1,405/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$323
• Net cashflow: $248

Break-even live

Break-even rent $1,223

Max offer price $150,000

Occupancy floor 79%

Sensitivity live

Price	-10% $333	-5% $291	+0% $248	+5% $206	+10% $163
Rent	-10% $127	-5% $188	+0% $248	+5% $309	+10% $370
Rate	-1.0pp $324	-0.5pp $286	base $248	+0.5pp $209	+1.0pp $170

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7873 Syracuse St Taylor, MI	2.0	1.0	728	$1,400	$1.92	44d	1	0.76mi
9620 Elm St Taylor, MI	2.0	1.0	800	$1,470	$1.84	0d	3	1.12mi
24268 Haskell St Taylor, MI	1.0–2.0	1.0	880	$1,570	$1.78	0d	7	1.19mi
9918 Allen Pointe Dr Allen Park, MI	1.0–2.0	1.0–2.0	678	$1,125	$1.66	13d	1	1.49mi

Listing history 5 events

1. 2026-04-28
   status Pending 1427-char remark

   Show marketing remark (1427 chars)

   Coming Home…Traditions, reliability, and memories. If this home could talk, what fun times it would share. Welcome to a home full of love, character, and charm. Being offered for the first time since 1978, this three-bedroom, one-bath ranch offers a unique combination of quality and comfort. Features include large formal living room with dining niche, cozy light & airy kitchen and spacious primary suite. The secondary bedrooms are sizable as well! The third bedroom has a collapsible partition wall that opens to the living room. The perfect flex room when you have large gatherings and need more space or if you prefer your own personal office area. Other features. .. dimensional roof, newer siding, replacement windows, newer electrical with generator hook-up and more! The private fenced rear yard has a covered patio that's ready for your barbeque grill and all your future cookouts. Oversized 1 1/2 Car Detached Garage ideal for a workshop where you should have space enough for your vehicle and your tools too. The home is solidly built and ready for its new owner. Whether you're starting out, starting over or just want less maintenance all on one level, then this one is for you! Overlooking the park and close proximity to shops, doctors, offices, schools, and expressways. Feel the sense of the past while building your future and making your own memories. Hurry, this deal won't last!

2. 2026-04-28
   status Pending

   Show marketing remark (1427 chars)

   Coming Home…Traditions, reliability, and memories. If this home could talk, what fun times it would share. Welcome to a home full of love, character, and charm. Being offered for the first time since 1978, this three-bedroom, one-bath ranch offers a unique combination of quality and comfort. Features include large formal living room with dining niche, cozy light & airy kitchen and spacious primary suite. The secondary bedrooms are sizable as well! The third bedroom has a collapsible partition wall that opens to the living room. The perfect flex room when you have large gatherings and need more space or if you prefer your own personal office area. Other features. .. dimensional roof, newer siding, replacement windows, newer electrical with generator hook-up and more! The private fenced rear yard has a covered patio that's ready for your barbeque grill and all your future cookouts. Oversized 1 1/2 Car Detached Garage ideal for a workshop where you should have space enough for your vehicle and your tools too. The home is solidly built and ready for its new owner. Whether you're starting out, starting over or just want less maintenance all on one level, then this one is for you! Overlooking the park and close proximity to shops, doctors, offices, schools, and expressways. Feel the sense of the past while building your future and making your own memories. Hurry, this deal won't last!

3. 2026-04-25
   listed $150,000 Active 1427-char remark

   Show marketing remark (1427 chars)

   Coming Home…Traditions, reliability, and memories. If this home could talk, what fun times it would share. Welcome to a home full of love, character, and charm. Being offered for the first time since 1978, this three-bedroom, one-bath ranch offers a unique combination of quality and comfort. Features include large formal living room with dining niche, cozy light & airy kitchen and spacious primary suite. The secondary bedrooms are sizable as well! The third bedroom has a collapsible partition wall that opens to the living room. The perfect flex room when you have large gatherings and need more space or if you prefer your own personal office area. Other features. .. dimensional roof, newer siding, replacement windows, newer electrical with generator hook-up and more! The private fenced rear yard has a covered patio that's ready for your barbeque grill and all your future cookouts. Oversized 1 1/2 Car Detached Garage ideal for a workshop where you should have space enough for your vehicle and your tools too. The home is solidly built and ready for its new owner. Whether you're starting out, starting over or just want less maintenance all on one level, then this one is for you! Overlooking the park and close proximity to shops, doctors, offices, schools, and expressways. Feel the sense of the past while building your future and making your own memories. Hurry, this deal won't last!

4. 2026-04-25
   listed $150,000 Active

   Show marketing remark (1427 chars)

   Coming Home…Traditions, reliability, and memories. If this home could talk, what fun times it would share. Welcome to a home full of love, character, and charm. Being offered for the first time since 1978, this three-bedroom, one-bath ranch offers a unique combination of quality and comfort. Features include large formal living room with dining niche, cozy light & airy kitchen and spacious primary suite. The secondary bedrooms are sizable as well! The third bedroom has a collapsible partition wall that opens to the living room. The perfect flex room when you have large gatherings and need more space or if you prefer your own personal office area. Other features. .. dimensional roof, newer siding, replacement windows, newer electrical with generator hook-up and more! The private fenced rear yard has a covered patio that's ready for your barbeque grill and all your future cookouts. Oversized 1 1/2 Car Detached Garage ideal for a workshop where you should have space enough for your vehicle and your tools too. The home is solidly built and ready for its new owner. Whether you're starting out, starting over or just want less maintenance all on one level, then this one is for you! Overlooking the park and close proximity to shops, doctors, offices, schools, and expressways. Feel the sense of the past while building your future and making your own memories. Hurry, this deal won't last!

5. 2026-04-23
   historical $150,000 1427-char remark

   Show marketing remark (1427 chars)

   Coming Home…Traditions, reliability, and memories. If this home could talk, what fun times it would share. Welcome to a home full of love, character, and charm. Being offered for the first time since 1978, this three-bedroom, one-bath ranch offers a unique combination of quality and comfort. Features include large formal living room with dining niche, cozy light & airy kitchen and spacious primary suite. The secondary bedrooms are sizable as well! The third bedroom has a collapsible partition wall that opens to the living room. The perfect flex room when you have large gatherings and need more space or if you prefer your own personal office area. Other features. .. dimensional roof, newer siding, replacement windows, newer electrical with generator hook-up and more! The private fenced rear yard has a covered patio that's ready for your barbeque grill and all your future cookouts. Oversized 1 1/2 Car Detached Garage ideal for a workshop where you should have space enough for your vehicle and your tools too. The home is solidly built and ready for its new owner. Whether you're starting out, starting over or just want less maintenance all on one level, then this one is for you! Overlooking the park and close proximity to shops, doctors, offices, schools, and expressways. Feel the sense of the past while building your future and making your own memories. Hurry, this deal won't last!

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

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $1,405 · $117/mo
• Projected year-2 tax: $1,858 · $155/mo
• Expected delta: +$452/yr (+$38/mo · 32.2%)

ⓘ 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,448
• − Mortgage interest: −$8,402
• − Property taxes: −$1,405
• − Insurance: −$750
• − Repairs & maintenance: −$1,476
• − Management: −$1,476
• − Depreciation: −$4,364
• Taxable income: $575
• Est. tax owed @ 24.0%: −$138
• After-tax cash flow: $2,841/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: Taylor School District
• NCES district ID: 2633540
• Math proficiency: 14% ▼ -7.00%
• Reading proficiency: 27% ▼ -4.00%
• Median HH income: $43,062
• Composite: 17.62/100
• National rank: #9034
• State rank: #462 of 540 in MI

Livability — Taylor

• Score: 76/100
• State rank: #144
• US rank: #3684

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Taylor, MI
• County: Wayne County · 1,562,939 people
• City population: 62,081
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 62,081
• Household income: $61,081
• Rent vs Own: 33.3% rent · 66.7% own
• Severe rent burden: 1957.0

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: Majority White (65%)
• Race & ethnicity: White 65% Black 19% Two or more races 9% Hispanic / Latino 9% Asian 2%
• Hispanic origin (detail): Mexican 6% Puerto Rican 2%
• Common ancestry: Romanian 8% Lithuanian 3% Slovak 2%
• Foreign-born: 7% · Canada
• Languages at home: 89% English-only · Spanish 4% Arabic 3% Other Indo-European 3%

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: ▼ -212.33%
• Current HPI: 228.921
• Rent YoY: ▲ 4.90%
• 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
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+0.0% since first listed

5 events — show timeline

• 2026-04-28 Pending — MiRealSource-MiMLS
• 2026-04-28 Pending — REALCOMP
• 2026-04-25 Listed $150,000 MiRealSource-MiMLS
• 2026-04-25 Listed $150,000 REALCOMP
• 2026-04-23 Coming Soon $150,000 MiRealSource-MiMLS

Property tax history

+0.0%/yr

Latest (2025): $1,405 · -12.0% YoY. Source: county tax records.