15440 Mapleridge St · Detroit, MI 48205

$125,000

4 bd · 1.5 ba · 1,603 sqft · SingleFamily public records · 67 Days on market

Built 1940 5,663 sqft lot

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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 +24.3/30.0
• DSCR +7.8/10.0
• ARV discount +7.5/15.0
• 1% rule +6.1/10.0
• Livability +3.7/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step inside 15440 Mapleridge and fall in love with your next home! From the double peaked roof and the brick & stone exterior, this spacious, well maintained, bungalow brings you elements of Tudor charm and amazing curb appeal! Featuring 4 large bedrooms, this home can accommodate the lifestyles of a variety of buyers! The first floor features a beautiful living room, radiant with natural light, wall sconces, and show piece fireplace. A classic Tudor style arch leads to an elegant formal dining room for entertaining. The kitchen is large, well appointed, and able to accommodate more cabinetry! The main floor also features a full bath and 2 large bedrooms, one being large enough for use as a primary bedroom. Heading upstairs there is a huge primary bedroom, an additional large bedroom, a half bathroom and space for a home office/den. Home is equipped with newer furnace. Also on the property is a 2 car garage and a lovely front porch. The unfinished basement provides an opportunity to add more livable space for the next owner! (Some Images are Virtually Staged) * * * A license agent must be present for all showings. * * * Please remove shoes upon entry.

Key facts

• Formal dining room
• Large kitchen
• Double peaked roof

Tags

• DOUBLE PEAKED ROOF
• BRICK AND STONE EXTERIOR
• SHOW PIECE FIREPLACE
• FORMAL DINING ROOM
• LARGE KITCHEN
• HOME OFFICE

Property features AI

Exterior

• Parking: Detached 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One and one-half stories; Ground-level entry with steps
• Construction: Brick, brick veneer, and stone exterior; Block foundation; Built area above grade: 1,603 square feet
• Exterior features: Awnings; Paved road access

Interior

• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Forced air heating (natural gas); No central air
• Interior features: Full unfinished basement; Seven total rooms

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $252 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $118k (6.0% below list) — sets the bar for market timing.

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 (+1.3%/yr); 373 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 43% of the median local income ($39k/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 $864 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

• It's been on market 67 days — a 6% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• 4 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 1940 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $117,500 (6.0% below list)

Questions for the listing agent

1. It's been on market 67 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — 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: 1.11% ✓
• Cap rate: 8.71%
• Cash-on-cash: 8.64%
• DSCR: 1.38
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $78,547
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15469 Troester St	0.16mi	3/1.0 (-1)	1,375 (-14%)	1mo	$60,000	$44	61
15611 Mapleridge St	0.11mi	3/1.0 (-1)	1,376 (-14%)	8mo	$65,000	$47	58
12058 Wayburn St	0.73mi	3/1.5 (-1)	1,566 (-2%)	2mo	$143,000	$91	55
11708 Laing St	0.53mi	3/1.5 (-1)	1,700 (+6%)	7mo	$84,000	$49	54
15038 Mayfield St	0.53mi	4/1.5	1,464 (-9%)	8mo	$114,000	$78	54
14841 Maddelein St	0.63mi	3/1.0 (-1)	1,516 (-5%)	3mo	$20,000	$13	53
15826 Coram St	0.67mi	5/2.0 (+1)	1,546 (-4%)	5mo	$127,500	$82	52
14289 Linnhurst St	0.71mi	4/1.0	1,544 (-4%)	8mo	$83,000	$54	52
11583 Whitehill St	0.57mi	3/1.5 (-1)	1,457 (-9%)	7mo	$50,000	$34	48
11336 Courville St	0.66mi	3/1.0 (-1)	1,425 (-11%)	0mo	$62,500	$44	43
12230 Lansdowne St	0.66mi	3/1.0 (-1)	1,426 (-11%)	3mo	$56,000	$39	42
11323 Lansdowne St	0.67mi	3/1.5 (-1)	1,397 (-13%)	2mo	$133,282	$95	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 · 1.33% rent growth · sell at horizon

5-year hold

• IRR: -5.1%
• Equity multiple: 0.81×
• Total profit: $-6,487
• Equity at exit: $18,638

10-year hold

• IRR: 2.6%
• Equity multiple: 1.17×
• Total profit: $5,955
• Equity at exit: $10,808

Cash invested: $35,000 (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 48205

• Home prices YoY: -28.1%
• Rents YoY: 1.3%
• Active inventory: 373
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,389 high
• Mortgage (P&I): −$656
• Tax from tax record: −$137 /mo · $1,648/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $252

Break-even live

Break-even rent $1,070

Max offer price $125,000

Occupancy floor 77%

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 38 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15616 E 7 Mile Rd Detroit, MI	3.0	1.5	1150	$1,150	$1.00	17d	1	0.45mi
15000 Mayfield St Detroit, MI	3.0	1.0	1146	$970	$0.85	17d	1	0.54mi
11911 Lansdowne St Detroit, MI	4.0	1.0	1350	$1,400	$1.04	43d	1	0.56mi
11689 Wayburn St Detroit, MI	3.0	1.0	1142	$1,350	$1.18	43d	1	0.62mi
15604 Coram St Detroit, MI	3.0	1.0	1210	$1,000	$0.83	43d	1	0.63mi
18530 Kingsville St Harper Woods, MI	3.0	1.5	1396	$1,375	$0.98	17d	1	0.71mi
11620 Rossiter St Detroit, MI	3.0	1.0	1140	$1,200	$1.05	17d	1	0.71mi
14481 Maddelein St Detroit, MI	3.0	1.0	1200	$1,100	$0.92	43d	1	0.78mi
11235 Roxbury St Detroit, MI	3.0	1.0	1062	$1,325	$1.25	17d	1	0.81mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	14d	1	0.81mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	43d	1	0.81mi
11018 Whitehill St Detroit, MI	3.0	1.0	1146	$1,450	$1.27	10d	1	0.82mi
14504 Coram St Detroit, MI	3.0	1.0	1203	$1,175	$0.98	24d	1	0.84mi
14201 Mayfield St Detroit, MI	4.0	1.5	1296	$1,250	$0.96	43d	1	0.88mi
10803 Roxbury St Detroit, MI	3.0	1.0	1150	$900	$0.78	20d	1	0.90mi
10813 Whitehill St Detroit, MI	3.0	1.0	1392	$1,350	$0.97	17d	1	0.90mi
10724 Whitehill St Detroit, MI	3.0	3.0	1425	$1,550	$1.09	17d	1	0.96mi
19435 McCormick St Detroit, MI	3.0	2.0	1148	$1,300	$1.13	17d	1	1.05mi
10404 Somerset Ave Detroit, MI	3.0	1.0	1108	$1,475	$1.33	3d	1	1.08mi
10030 Bishop St Detroit, MI	5.0	2.0	1721	$1,200	$0.70	17d	1	1.17mi
10141 Roxbury St Detroit, MI	3.0	1.0	1115	$1,000	$0.90	43d	1	1.17mi
10370 Britain St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	43d	1	1.21mi
9755 Wayburn St Detroit, MI	3.0	2.0	1498	$1,400	$0.93	3d	1	1.22mi
9984 Beaconsfield St Detroit, MI	3.0	1.0	1222	$1,575	$1.29	43d	1	1.25mi
15503 Edmore Dr Detroit, MI	3.0	1.0	1285	$1,100	$0.86	43d	1	1.28mi
16242 Bringard Dr Detroit, MI	3.0	1.0	1350	$1,300	$0.96	4d	1	1.29mi
9313 Harvard Rd Detroit, MI	3.0	1.5	1329	$1,200	$0.90	17d	1	1.29mi
9635 Everts St Detroit, MI	4.0	2.0	1450	$1,650	$1.14	43d	1	1.32mi
9241 Boleyn St Detroit, MI	3.0	1.0	1350	$1,350	$1.00	43d	1	1.34mi
13218 Greiner St Detroit, MI	3.0	1.0	1162	$1,195	$1.03	17d	1	1.37mi
10870 Marne St Detroit, MI	3.0	1.0	1156	$1,100	$0.95	17d	1	1.38mi
9171 Bishop St Detroit, MI	4.0	1.0	1508	$1,300	$0.86	43d	1	1.39mi
9400 Lakepointe St Detroit, MI	3.0	1.0	1300	$1,150	$0.88	4d	1	1.40mi
9142 Yorkshire Rd Detroit, MI	5.0	1.5	1450	$1,700	$1.17	1d	1	1.41mi
12840 Kilbourne St Detroit, MI	3.0	1.0	1136	$1,350	$1.19	17d	1	1.42mi
9168 Wayburn St Detroit, MI	3.0	1.0	1274	$1,300	$1.02	20d	1	1.45mi
9409 Balfour Rd Detroit, MI	3.0	1.0	1195	$1,200	$1.00	43d	1	1.46mi
15857 Evanston St Detroit, MI	3.0	1.5	1232	$1,250	$1.01	4d	1	1.47mi

Listing history 10 events

1. 2026-05-05
   status Pending 1182-char remark

   Show marketing remark (1182 chars)

   Step inside 15440 Mapleridge and fall in love with your next home! From the double peaked roof and the brick & stone exterior, this spacious, well maintained, bungalow brings you elements of Tudor charm and amazing curb appeal! Featuring 4 large bedrooms, this home can accommodate the lifestyles of a variety of buyers! The first floor features a beautiful living room, radiant with natural light, wall sconces, and show piece fireplace. A classic Tudor style arch leads to an elegant formal dining room for entertaining. The kitchen is large, well appointed, and able to accommodate more cabinetry! The main floor also features a full bath and 2 large bedrooms, one being large enough for use as a primary bedroom. Heading upstairs there is a huge primary bedroom, an additional large bedroom, a half bathroom and space for a home office/den. Home is equipped with newer furnace. Also on the property is a 2 car garage and a lovely front porch. The unfinished basement provides an opportunity to add more livable space for the next owner! (Some Images are Virtually Staged) * * * A license agent must be present for all showings. * * * Please remove shoes upon entry.

2. 2026-05-05
   status Pending

   Show marketing remark (1182 chars)

   Step inside 15440 Mapleridge and fall in love with your next home! From the double peaked roof and the brick & stone exterior, this spacious, well maintained, bungalow brings you elements of Tudor charm and amazing curb appeal! Featuring 4 large bedrooms, this home can accommodate the lifestyles of a variety of buyers! The first floor features a beautiful living room, radiant with natural light, wall sconces, and show piece fireplace. A classic Tudor style arch leads to an elegant formal dining room for entertaining. The kitchen is large, well appointed, and able to accommodate more cabinetry! The main floor also features a full bath and 2 large bedrooms, one being large enough for use as a primary bedroom. Heading upstairs there is a huge primary bedroom, an additional large bedroom, a half bathroom and space for a home office/den. Home is equipped with newer furnace. Also on the property is a 2 car garage and a lovely front porch. The unfinished basement provides an opportunity to add more livable space for the next owner! (Some Images are Virtually Staged) * * * A license agent must be present for all showings. * * * Please remove shoes upon entry.

3. 2026-04-27
   historical Accepting Backup Offers 1182-char remark

   Show marketing remark (1182 chars)

   Step inside 15440 Mapleridge and fall in love with your next home! From the double peaked roof and the brick & stone exterior, this spacious, well maintained, bungalow brings you elements of Tudor charm and amazing curb appeal! Featuring 4 large bedrooms, this home can accommodate the lifestyles of a variety of buyers! The first floor features a beautiful living room, radiant with natural light, wall sconces, and show piece fireplace. A classic Tudor style arch leads to an elegant formal dining room for entertaining. The kitchen is large, well appointed, and able to accommodate more cabinetry! The main floor also features a full bath and 2 large bedrooms, one being large enough for use as a primary bedroom. Heading upstairs there is a huge primary bedroom, an additional large bedroom, a half bathroom and space for a home office/den. Home is equipped with newer furnace. Also on the property is a 2 car garage and a lovely front porch. The unfinished basement provides an opportunity to add more livable space for the next owner! (Some Images are Virtually Staged) * * * A license agent must be present for all showings. * * * Please remove shoes upon entry.

4. 2026-04-27
   historical Active Under Contract

   Show marketing remark (1182 chars)

   Step inside 15440 Mapleridge and fall in love with your next home! From the double peaked roof and the brick & stone exterior, this spacious, well maintained, bungalow brings you elements of Tudor charm and amazing curb appeal! Featuring 4 large bedrooms, this home can accommodate the lifestyles of a variety of buyers! The first floor features a beautiful living room, radiant with natural light, wall sconces, and show piece fireplace. A classic Tudor style arch leads to an elegant formal dining room for entertaining. The kitchen is large, well appointed, and able to accommodate more cabinetry! The main floor also features a full bath and 2 large bedrooms, one being large enough for use as a primary bedroom. Heading upstairs there is a huge primary bedroom, an additional large bedroom, a half bathroom and space for a home office/den. Home is equipped with newer furnace. Also on the property is a 2 car garage and a lovely front porch. The unfinished basement provides an opportunity to add more livable space for the next owner! (Some Images are Virtually Staged) * * * A license agent must be present for all showings. * * * Please remove shoes upon entry.

5. 2026-04-20
   status Active 1182-char remark

   Show marketing remark (1182 chars)

   Step inside 15440 Mapleridge and fall in love with your next home! From the double peaked roof and the brick & stone exterior, this spacious, well maintained, bungalow brings you elements of Tudor charm and amazing curb appeal! Featuring 4 large bedrooms, this home can accommodate the lifestyles of a variety of buyers! The first floor features a beautiful living room, radiant with natural light, wall sconces, and show piece fireplace. A classic Tudor style arch leads to an elegant formal dining room for entertaining. The kitchen is large, well appointed, and able to accommodate more cabinetry! The main floor also features a full bath and 2 large bedrooms, one being large enough for use as a primary bedroom. Heading upstairs there is a huge primary bedroom, an additional large bedroom, a half bathroom and space for a home office/den. Home is equipped with newer furnace. Also on the property is a 2 car garage and a lovely front porch. The unfinished basement provides an opportunity to add more livable space for the next owner! (Some Images are Virtually Staged) * * * A license agent must be present for all showings. * * * Please remove shoes upon entry.

6. 2026-04-20
   status Active

   Show marketing remark (1182 chars)

   Step inside 15440 Mapleridge and fall in love with your next home! From the double peaked roof and the brick & stone exterior, this spacious, well maintained, bungalow brings you elements of Tudor charm and amazing curb appeal! Featuring 4 large bedrooms, this home can accommodate the lifestyles of a variety of buyers! The first floor features a beautiful living room, radiant with natural light, wall sconces, and show piece fireplace. A classic Tudor style arch leads to an elegant formal dining room for entertaining. The kitchen is large, well appointed, and able to accommodate more cabinetry! The main floor also features a full bath and 2 large bedrooms, one being large enough for use as a primary bedroom. Heading upstairs there is a huge primary bedroom, an additional large bedroom, a half bathroom and space for a home office/den. Home is equipped with newer furnace. Also on the property is a 2 car garage and a lovely front porch. The unfinished basement provides an opportunity to add more livable space for the next owner! (Some Images are Virtually Staged) * * * A license agent must be present for all showings. * * * Please remove shoes upon entry.

7. 2026-04-09
   historical Accepting Backup Offers 1182-char remark

   Show marketing remark (1182 chars)

   Step inside 15440 Mapleridge and fall in love with your next home! From the double peaked roof and the brick & stone exterior, this spacious, well maintained, bungalow brings you elements of Tudor charm and amazing curb appeal! Featuring 4 large bedrooms, this home can accommodate the lifestyles of a variety of buyers! The first floor features a beautiful living room, radiant with natural light, wall sconces, and show piece fireplace. A classic Tudor style arch leads to an elegant formal dining room for entertaining. The kitchen is large, well appointed, and able to accommodate more cabinetry! The main floor also features a full bath and 2 large bedrooms, one being large enough for use as a primary bedroom. Heading upstairs there is a huge primary bedroom, an additional large bedroom, a half bathroom and space for a home office/den. Home is equipped with newer furnace. Also on the property is a 2 car garage and a lovely front porch. The unfinished basement provides an opportunity to add more livable space for the next owner! (Some Images are Virtually Staged) * * * A license agent must be present for all showings. * * * Please remove shoes upon entry.

8. 2026-04-09
   historical Active Under Contract

   Show marketing remark (1182 chars)

   Step inside 15440 Mapleridge and fall in love with your next home! From the double peaked roof and the brick & stone exterior, this spacious, well maintained, bungalow brings you elements of Tudor charm and amazing curb appeal! Featuring 4 large bedrooms, this home can accommodate the lifestyles of a variety of buyers! The first floor features a beautiful living room, radiant with natural light, wall sconces, and show piece fireplace. A classic Tudor style arch leads to an elegant formal dining room for entertaining. The kitchen is large, well appointed, and able to accommodate more cabinetry! The main floor also features a full bath and 2 large bedrooms, one being large enough for use as a primary bedroom. Heading upstairs there is a huge primary bedroom, an additional large bedroom, a half bathroom and space for a home office/den. Home is equipped with newer furnace. Also on the property is a 2 car garage and a lovely front porch. The unfinished basement provides an opportunity to add more livable space for the next owner! (Some Images are Virtually Staged) * * * A license agent must be present for all showings. * * * Please remove shoes upon entry.

9. 2026-02-25
   listed $125,000 Active 1182-char remark

   Show marketing remark (1182 chars)

   Step inside 15440 Mapleridge and fall in love with your next home! From the double peaked roof and the brick & stone exterior, this spacious, well maintained, bungalow brings you elements of Tudor charm and amazing curb appeal! Featuring 4 large bedrooms, this home can accommodate the lifestyles of a variety of buyers! The first floor features a beautiful living room, radiant with natural light, wall sconces, and show piece fireplace. A classic Tudor style arch leads to an elegant formal dining room for entertaining. The kitchen is large, well appointed, and able to accommodate more cabinetry! The main floor also features a full bath and 2 large bedrooms, one being large enough for use as a primary bedroom. Heading upstairs there is a huge primary bedroom, an additional large bedroom, a half bathroom and space for a home office/den. Home is equipped with newer furnace. Also on the property is a 2 car garage and a lovely front porch. The unfinished basement provides an opportunity to add more livable space for the next owner! (Some Images are Virtually Staged) * * * A license agent must be present for all showings. * * * Please remove shoes upon entry.

10. 2026-02-25
    listed $125,000 Active

    Show marketing remark (1182 chars)

    Step inside 15440 Mapleridge and fall in love with your next home! From the double peaked roof and the brick & stone exterior, this spacious, well maintained, bungalow brings you elements of Tudor charm and amazing curb appeal! Featuring 4 large bedrooms, this home can accommodate the lifestyles of a variety of buyers! The first floor features a beautiful living room, radiant with natural light, wall sconces, and show piece fireplace. A classic Tudor style arch leads to an elegant formal dining room for entertaining. The kitchen is large, well appointed, and able to accommodate more cabinetry! The main floor also features a full bath and 2 large bedrooms, one being large enough for use as a primary bedroom. Heading upstairs there is a huge primary bedroom, an additional large bedroom, a half bathroom and space for a home office/den. Home is equipped with newer furnace. Also on the property is a 2 car garage and a lovely front porch. The unfinished basement provides an opportunity to add more livable space for the next owner! (Some Images are Virtually Staged) * * * A license agent must be present for all showings. * * * Please remove shoes upon entry.

ⓘ 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: $1,648 · $137/mo
• Projected year-2 tax: $1,786 · $149/mo
• Expected delta: +$139/yr (+$12/mo · 8.4%)

ⓘ 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 ≥95°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: $16,663
• − Mortgage interest: −$7,002
• − Property taxes: −$1,648
• − Insurance: −$625
• − Repairs & maintenance: −$1,333
• − Management: −$1,333
• − Depreciation: −$3,636
• Taxable income: $1,086
• Est. tax owed @ 24.0%: −$261
• After-tax cash flow: $2,764/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): 34,187
• Household income: $38,966
• Rent vs Own: 49.4% rent · 50.6% own
• Severe rent burden: 2121.0

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 (93%)
• Race & ethnicity: Black 93% White 3% Two or more races 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Wayne

• 2024 margin: Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
• 2008→2024 swing: -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
• All cycles: 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -91.80%
• Current HPI: 235.0926
• Rent YoY: ▲ 1.33%
• 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

10 events — show timeline

• 2026-05-05 Pending — MiRealSource-MiMLS
• 2026-05-05 Pending — REALCOMP
• 2026-04-27 Contingent — MiRealSource-MiMLS
• 2026-04-27 Contingent — REALCOMP
• 2026-04-20 Relisted — MiRealSource-MiMLS
• 2026-04-20 Relisted — REALCOMP
• 2026-04-09 Contingent — MiRealSource-MiMLS
• 2026-04-09 Contingent — REALCOMP
• 2026-02-25 Listed $125,000 REALCOMP
• 2026-02-25 Listed $125,000 MiRealSource-MiMLS

Property tax history

-0.9%/yr

Latest (2025): $1,648 · -13.2% YoY. Source: county tax records.