19730 Trinity St · Detroit, MI 48219

$69,900

3 bd · 1.0 ba · 1,381 sqft · SingleFamily public records · 339 Days on market

Built 1949 5,663 sqft lot $51/sqft · 39% below area Est $115k · 39% under

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Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +4.5/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

INVESTMENT OPPORTUNITY: Section 8 home in attractive neighborhood with basement and garage. Home is currently rented at $900.00.

Key facts

• Garage
• Basement
• 5,663 sq ft lot

Tags

• BASEMENT
• GARAGE

🏷️ Possibly a rental listed for sale. The $69,900 price doesn't fit this home's estimated sale value (~$114,644) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $651 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $62k (12.0% below list) — sets the bar for market timing.
• Cap rate 17.5% vs local median 10.2% 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: Rents rising fast (+8.0%/yr); 305 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 46% 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).
• This rent runs 39% of the median local income ($44k/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 $483 of loan paydown is wiped out by about $2k 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 + 8.0% rent growth), your $20k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 339 days — a 12% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $8k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $61,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 339 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 2.05% ✓
• Cap rate: 17.47%
• Cash-on-cash: 39.93%
• DSCR: 2.78
• GRM: 4.1

CMA / ARV

• ARV (median comp): $114,644
• List price: $69,900
• Delta: -39.03%
• 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
19507 Pierson St	0.11mi	3/1.0	1,500 (+9%)	10mo	$125,000	$83	72
19211 Pierson St	0.31mi	3/1.0	1,272 (-8%)	2mo	$69,000	$54	71
20052 Pierson St	0.29mi	2/1.5 (-1)	1,389 (+1%)	10mo	$88,155	$63	70
19785 Chapel St	0.28mi	3/2.0	1,440 (+4%)	9mo	$142,000	$99	68
19928 Pierson St	0.19mi	3/1.0	1,586 (+15%)	2mo	$80,000	$50	65
20523 Burt Rd	0.48mi	3/2.0	1,356 (-2%)	8mo	$185,000	$136	64
19795 Greydale Ave	0.41mi	3/1.5	1,247 (-10%)	4mo	$129,997	$104	60
20274 Greydale Ave	0.55mi	3/2.0	1,472 (+7%)	4mo	$159,800	$109	56
18498 Fielding St	0.72mi	3/1.0	1,450 (+5%)	5mo	$61,000	$42	54
19950 Houghton St	0.58mi	3/2.0	1,200 (-13%)	8mo	$153,000	$128	40
19468 Evergreen Rd	0.57mi	4/2.0 (+1)	1,550 (+12%)	8mo	$139,050	$90	37
20705 Westhampon Ave Ave	0.71mi	4/1.0 (+1)	1,539 (+11%)	7mo	$220,000	$143	37

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 41.9%
• Equity multiple: 2.93×
• Total profit: $37,756
• Equity at exit: $10,422

10-year hold

• IRR: 50.3%
• Equity multiple: 7.18×
• Total profit: $120,904
• Equity at exit: $6,044

Cash invested: $19,572 (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 48219

• Home prices YoY: -10.3%
• Rents YoY: 8.0%
• Active inventory: 305
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $1,436 high
• Mortgage (P&I): −$367
• Tax est. 1.5%: −$87 /mo · $1,048/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$302
• Net cashflow: $651

Break-even live

Break-even rent $611

Max offer price $69,900

Occupancy floor 50%

Sensitivity live

Price	-10% $699	-5% $675	+0% $651	+5% $627	+10% $603
Rent	-10% $538	-5% $594	+0% $651	+5% $708	+10% $765
Rate	-1.0pp $686	-0.5pp $669	base $651	+0.5pp $633	+1.0pp $615

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Rent comps 39 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
19810 Blackstone St Detroit, MI	3.0	1.0	1216	$1,395	$1.15	44d	1	0.11mi
21422 Pembroke Ave Detroit, MI	3.0	1.5	1000	$1,695	$1.70	17d	1	0.25mi
19781 Fielding St Detroit, MI	3.0	1.0	1000	$1,294	$1.29	5d	1	0.28mi
20079 Patton St Detroit, MI	3.0	1.0	1150	$1,550	$1.35	5d	1	0.38mi
19457 Evergreen Rd Detroit, MI	2.0	1.0	1100	$1,200	$1.09	44d	1	0.55mi
19928 Houghton St Detroit, MI	3.0	1.0	880	$1,495	$1.70	11d	1	0.57mi
22238 Pembroke Ave Detroit, MI	3.0	1.5	1100	$1,500	$1.36	44d	1	0.62mi
18437 Trinity St Detroit, MI	3.0	1.0	875	$1,364	$1.56	15d	1	0.70mi
20555 Lahser Rd Detroit, MI	1.0–2.0	1.0	737	$975	$1.32	44d	2	0.70mi
18556 Kentfield St Detroit, MI	3.0	1.0	952	$1,250	$1.31	3d	1	0.72mi
19501 Redfern St Detroit, MI	2.0	1.5	1816	$1,350	$0.74	44d	1	0.75mi
21455 Pickford St Detroit, MI	2.0	1.0	1000	$1,275	$1.27	44d	1	0.79mi
21434 Karl St Detroit, MI	2.0	1.0	1000	$1,350	$1.35	44d	1	0.81mi
18461 Heyden St Detroit, MI	2.0	1.0	1000	$1,050	$1.05	5d	1	0.82mi
22649 Frisbee St Detroit, MI	3.0	1.0	1100	$1,495	$1.36	44d	1	0.88mi
22570 Seven Mile W Detroit, MI	2.0	1.0	890	$875	$0.98	44d	1	0.89mi
18205 Stout St Detroit, MI	3.0	1.0	901	$1,078	$1.20	24d	1	0.90mi
17721 Westbrook St Detroit, MI	4.0	1.0	1040	$1,125	$1.08	24d	1	0.90mi
47129 Wedgewood Southfield, MI	1.0–2.0	1.0–2.0	1000	$1,275	$1.27	44d	1	0.91mi
19800 Berg Rd Detroit, MI	3.0	1.0	1000	$1,550	$1.55	17d	1	0.91mi
20271 Grandville Ave Detroit, MI	3.0	1.0	1010	$1,550	$1.53	24d	1	0.95mi
18191 Heyden St Detroit, MI	2.0	1.0	917	$1,100	$1.20	24d	1	0.96mi
19176 Grandville Ave Detroit, MI	3.0	1.0	941	$1,300	$1.38	5d	1	0.97mi
21451 Glenco St Detroit, MI	3.0	1.0	1026	$1,400	$1.36	17d	1	0.97mi
17624 Patton St Detroit, MI	3.0	1.0	1260	$1,695	$1.35	44d	1	1.01mi
18134 Vaughan St Detroit, MI	3.0	1.0	1060	$1,150	$1.08	17d	1	1.04mi
20284 Melrose St Southfield, MI	3.0	1.0	1200	$1,550	$1.29	44d	1	1.05mi
18450 Edinborough Rd Detroit, MI	3.0	1.0	1000	$1,500	$1.50	44d	1	1.05mi
21440 Bennett St Detroit, MI	3.0	1.0	1037	$1,394	$1.34	17d	1	1.06mi
19445 Avon Ave Detroit, MI	3.0	1.0	1023	$1,550	$1.52	44d	1	1.18mi
18452 Shaftsbury Ave Detroit, MI	3.0	1.0	927	$1,500	$1.62	17d	1	1.19mi
20011 Avon Ave Detroit, MI	3.0	1.0	1000	$1,200	$1.20	5d	1	1.19mi
17678 Edinborough Rd Detroit, MI	3.0	1.5	1528	$1,650	$1.08	17d	1	1.22mi
17678 Edinborough Rd Detroit, MI	3.0	1.5	1528	$1,650	$1.08	15d	1	1.22mi
17255 Westbrook St Detroit, MI	3.0	2.0	1500	$1,450	$0.97	12d	1	1.24mi
17355 McIntyre St Detroit, MI	3.0	1.0	1500	$1,250	$0.83	44d	1	1.42mi
17328 McIntyre St Unit 2 Detroit, MI	3.0	1.0	1200	$1,250	$1.04	44d	1	1.43mi
17654 Sunderland Rd Detroit, MI	3.0	1.0	1100	$1,500	$1.36	44d	1	1.47mi
20527 Rosemont Ave Detroit, MI	2.0	2.0	975	$1,528	$1.57	44d	1	1.50mi

Listing history 23 events

1. 2026-06-18
   days on market $69,900 Active 339 DOM
2. 2026-06-17
   days on market $69,900 Active 338 DOM
3. 2026-06-15
   days on market $69,900 Active 336 DOM
4. 2026-06-13
   days on market $69,900 Active 334 DOM
5. 2026-06-13
   days on market $69,900 Active 333 DOM
6. 2026-06-09
   days on market $69,900 Active 330 DOM
7. 2026-06-08
   days on market $69,900 Active 329 DOM
8. 2026-06-07
   days on market $69,900 Active 328 DOM
9. 2026-06-04
   days on market $69,900 Active 325 DOM
10. 2026-06-03
    days on market $69,900 Active 324 DOM
11. 2026-06-01
    days on market $69,900 Active 322 DOM
12. 2026-05-31
    days on market $69,900 Active 321 DOM
13. 2026-04-09
    price $69,900 128-char remark

    Show marketing remark (130 chars)

    INVESTMENT OPPORTUNITY: Section 8 home in attractive neighborhood with basement and garage. Home is currently rented at $900.00.

14. 2026-04-09
    price $69,900 130-char remark

    Show marketing remark (130 chars)

    INVESTMENT OPPORTUNITY: Section 8 home in attractive neighborhood with basement and garage. Home is currently rented at $900.00.

15. 2026-04-09
    price $69,900

    Show marketing remark (130 chars)

    INVESTMENT OPPORTUNITY: Section 8 home in attractive neighborhood with basement and garage. Home is currently rented at $900.00.

16. 2025-12-27
    price $73,000 128-char remark

    Show marketing remark (128 chars)

    INVESTMENT OPPORTUNITY: Section 8 home in attractive neighborhood with basement and garage. Home is currently rented at $900.00.

17. 2025-12-26
    price $73,000 130-char remark

    Show marketing remark (130 chars)

    INVESTMENT OPPORTUNITY: Section 8 home in attractive neighborhood with basement and garage. Home is currently rented at $900.00.

18. 2025-12-26
    price $73,000

    Show marketing remark (130 chars)

    INVESTMENT OPPORTUNITY: Section 8 home in attractive neighborhood with basement and garage. Home is currently rented at $900.00.

19. 2025-07-14
    listed $78,000 Active 130-char remark

    Show marketing remark (128 chars)

    INVESTMENT OPPORTUNITY: Section 8 home in attractive neighborhood with basement and garage. Home is currently rented at $900.00.

20. 2025-07-14
    listed $78,000 Active 128-char remark

    Show marketing remark (128 chars)

    INVESTMENT OPPORTUNITY: Section 8 home in attractive neighborhood with basement and garage. Home is currently rented at $900.00.

21. 2025-07-14
    listed $78,000 Active

    Show marketing remark (128 chars)

    INVESTMENT OPPORTUNITY: Section 8 home in attractive neighborhood with basement and garage. Home is currently rented at $900.00.

22. 2023-03-22
    soldstatus $74,000
23. 2020-07-31
    soldstatus $394,500

ⓘ 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 ≥98°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

Taxation est. · year 1

• Rental income: $17,229
• − Mortgage interest: −$3,915
• − Property taxes: −$1,048
• − Insurance: −$350
• − Repairs & maintenance: −$1,378
• − Management: −$1,378
• − Depreciation: −$2,033
• Taxable income: $7,125
• Est. tax owed @ 24.0%: −$1,710
• After-tax cash flow: $6,104/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): 47,208
• Household income: $43,655
• Rent vs Own: 45.1% rent · 54.9% own
• Severe rent burden: 3584.0

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 (88%)
• Race & ethnicity: Black 88% White 5% Two or more races 4% Hispanic / Latino 1%
• Common ancestry: Romanian 1% Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 1% French/Haitian/Cajun 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: ▼ -65.06%
• Current HPI: 563.3263
• Rent YoY: ▲ 8.04%
• 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

-82.3% since first listed

11 events — show timeline

• 2026-04-09 Price Changed $69,900 MiRealSource-MiMLS
• 2026-04-09 Price Changed $69,900 REALCOMP
• 2026-04-09 Price Changed $69,900 SW Michigan MLS
• 2025-12-27 Price Changed $73,000 MiRealSource-MiMLS
• 2025-12-26 Price Changed $73,000 REALCOMP
• 2025-12-26 Price Changed $73,000 SW Michigan MLS
• 2025-07-14 Listed $78,000 REALCOMP
• 2025-07-14 Listed $78,000 SW Michigan MLS
• 2025-07-14 Listed $78,000 MiRealSource-MiMLS
• 2023-03-22 Sold (Public Records) $74,000 Public Records
• 2020-07-31 Sold (Public Records) $394,500 Public Records

Property tax history

+26.8%/yr

Latest (2025): $4,255 · -38.2% YoY. Source: county tax records.