14000 Rutland St · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +15.0/15.0
- Cash flow +13.5/30.0
- 1% rule +7.1/10.0
- DSCR +4.1/10.0
- Rent growth +3.9/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$110,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Motivated seller in Grandmont, Detroit's Home of Good Neighbors! Calling all investors or handy homeowners looking to earn some equity in this 3 bedroom, 1.5 bath home. With a little vision and grit you could be the proud owner of one of the most stylish properties on the block. Spacious, bright, open main level floor plan offers wood floors and tile throughout with a large kitchen and dedicated dining space. Upstairs is home to a sleek tiled full bath and 3 comfortable bedrooms. Large rear deck overlooks spacious yard with 2 car garage. Unfinished basement waiting for your finishing touches! Set on a quiet, tree-lined street in one of Detroit's most welcoming communities, this property offers both charm and opportunity. ARV's in the Mid 200's prove this is the deal you've been waiting to jump on. Bring your vision and be part of a neighborhood that lives up to its name!
Key facts
- 7,405 sq ft lot
- 2 garage spots
- Built 1930
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $110k.
Deal economics
- At list price, monthly cash flow is $4 ($49/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $110k).
- Recommended offer: $108k (1.5% below list) — sets the bar for market timing.
- Cap rate 6.3% vs local median 10.1% in Detroit — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
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 (+5.6%/yr); 391 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 48% 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 44% of the median local income ($37k/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 $761 of loan paydown is wiped out by about $3k 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 26 days — a 2% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 24y ago; this cycle's ask has dropped $30k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $54k; list at $110k implies a 104% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: property tax is 4.7% of price; built in 1930 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.21% ✓
- Cap rate
- 6.34%
- Cash-on-cash
- 0.16%
- DSCR
- 1.01
- GRM
- 6.9
CMA / ARV
- ARV (median comp)
- $157,310
- List price
- $110,000
- Delta
- -30.07%
- 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 |
|---|---|---|---|---|---|---|---|
| 14000 Rutland St | 0.00mi | 3/1.5 | 1,461 (0%) | 1mo | $95,000 | $65 | 98 |
| 13566 Longacre St | 0.21mi | 3/1.0 | 1,510 (+3%) | 2mo | $100,000 | $66 | 83 |
| 14192 Mansfield St | 0.47mi | 3/1.5 | 1,470 (+1%) | 5mo | $89,900 | $61 | 71 |
| 13618 Grandmont Ave | 0.21mi | 3/1.0 | 1,267 (-13%) | 3mo | $90,500 | $71 | 65 |
| 13995 Montrose St | 0.64mi | 3/1.5 | 1,468 (+0%) | 4mo | $116,600 | $79 | 64 |
| 14018 Prevost St | 0.55mi | 3/2.0 | 1,532 (+5%) | 5mo | $75,000 | $49 | 58 |
| 14100 Winthrop St | 0.72mi | 3/1.0 | 1,411 (-3%) | 4mo | $90,000 | $64 | 57 |
| 14837 Ashton Rd | 0.67mi | 3/1.5 | 1,386 (-5%) | 2mo | $200,000 | $144 | 56 |
| 14704 Mansfield St | 0.72mi | 3/1.5 | 1,409 (-4%) | 5mo | $60,000 | $43 | 54 |
| 14634 Abington Ave | 0.55mi | 3/1.5 | 1,618 (+11%) | 4mo | $165,000 | $102 | 51 |
| 14518 Abington Ave | 0.42mi | 3/2.5 | 1,666 (+14%) | 5mo | $150,000 | $90 | 47 |
| 14800 Woodmont Ave | 0.73mi | 3/1.5 | 1,612 (+10%) | 6mo | $90,000 | $56 | 41 |
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 · 5.59% rent growth · sell at horizon
- IRR
- -12.0%
- Equity multiple
- 0.55×
- Total profit
- $-13,796
- Equity at exit
- $16,401
- IRR
- 1.8%
- Equity multiple
- 1.15×
- Total profit
- $4,573
- Equity at exit
- $9,511
Cash invested: $30,800 (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
ZIP-level market 48227
- Rents YoY
- 5.6%
- Active inventory
- 391
- Price-to-rent
- 6.9×
Monthly cashflow live
- Estimated rent
- $1,335 high interval (Pro) →
- Mortgage (P&I)
- −$577
- Tax from tax record
- −$428 /mo · $5,132/yr
- Insurance
- −$46
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$280
- Net cashflow
- $4
Break-even live
Sensitivity live
| Price | -10% $370 | -5% $35 | +0% $4 | +5% $-27 | +10% $-58 |
|---|---|---|---|---|---|
| Rent | -10% $-101 | -5% $-49 | +0% $4 | +5% $57 | +10% $110 |
| Rate | -1.0pp $60 | -0.5pp $32 | base $4 | +0.5pp $-24 | +1.0pp $-53 |
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
- $27,500
- Closing costs
- $3,300
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 12840 Grandmont Ave Detroit, MI | 3.0 | 1.0 | 1100 | $1,200 | $1.09 | 44d | 1 | 0.39mi |
| 13581 Penrod St Detroit, MI | 4.0 | 1.0 | 1152 | $1,200 | $1.04 | 44d | 1 | 0.46mi |
| 12711 Grandmont Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 19d | 1 | 0.47mi |
| 12941 Penrod St Detroit, MI | 2.0 | 1.0 | 1000 | $1,275 | $1.27 | 44d | 1 | 0.50mi |
| 14510 Asbury Park Detroit, MI | 2.0 | 1.0 | 1771 | $1,250 | $0.71 | 44d | 1 | 0.51mi |
| 13591 Faust Ave Detroit, MI | 2.0 | 1.0 | 1000 | $1,275 | $1.27 | 44d | 1 | 0.52mi |
| 14535 Mettetal St Unit 1 Detroit, MI | 2.0 | 1.0 | 965 | $1,000 | $1.04 | 44d | 1 | 0.54mi |
| 14504 Saint Marys St Detroit, MI | 4.0 | 1.0 | 1362 | $1,473 | $1.08 | 44d | 1 | 0.57mi |
| 12950 Glastonbury Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 25d | 1 | 0.64mi |
| 14716 Archdale St Detroit, MI | 2.0 | 1.0 | 900 | $1,100 | $1.22 | 44d | 1 | 0.66mi |
| 13514 Stahelin Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,400 | $1.40 | 19d | 1 | 0.69mi |
| 14753 Saint Marys St Detroit, MI | 2.0 | 1.0 | 900 | $1,150 | $1.28 | 13d | 1 | 0.69mi |
| 14753 Saint Marys St Detroit, MI | 2.0 | 1.0 | 900 | $1,150 | $1.28 | 6d | 1 | 0.69mi |
| 14800 Woodmont Ave Detroit, MI | 3.0 | 2.0 | 1612 | $1,525 | $0.95 | 16d | 1 | 0.75mi |
| 14580 Forrer St Unit Unit Detroit, MI | 2.0 | 1.0 | 1300 | $900 | $0.69 | 21d | 1 | 0.79mi |
| 14836 Rutherford St Unit 2 Detroit, MI | 2.0 | 1.0 | 1104 | $950 | $0.86 | 44d | 1 | 0.79mi |
| 14615 Winthrop St Detroit, MI | 2.0 | 1.0 | 1217 | $1,300 | $1.07 | 17d | 1 | 0.81mi |
| 19050 W Davison St Detroit, MI | 3.0 | 1.0 | 1118 | $1,400 | $1.25 | 44d | 1 | 0.81mi |
| 16014 Hackett St Detroit, MI | 4.0 | 2.0 | 1142 | $1,500 | $1.31 | 44d | 1 | 0.84mi |
| 15065 Gilchrist St Detroit, MI | 3.0 | 1.0 | 1100 | $1,250 | $1.14 | 44d | 1 | 0.91mi |
| 13279 Coyle St Detroit, MI | 3.0 | 1.0 | 1444 | $1,373 | $0.95 | 44d | 1 | 1.00mi |
| 14104 Coyle St Detroit, MI | 3.0 | 1.0 | 1327 | $1,350 | $1.02 | 6d | 1 | 1.00mi |
| 11741 Penrod St Detroit, MI | 3.0 | 1.0 | 1124 | $1,400 | $1.25 | 17d | 1 | 1.03mi |
| 15332 Saint Marys St Detroit, MI | 3.0 | 1.0 | 1200 | $1,200 | $1.00 | 17d | 1 | 1.04mi |
| 14893 Prest St Detroit, MI | 3.0 | 1.0 | 1100 | $1,000 | $0.91 | 16d | 1 | 1.05mi |
| 14264 Coyle St Detroit, MI | 2.0 | 1.0 | 1000 | $1,150 | $1.15 | 44d | 1 | 1.05mi |
| 19431 Lyndon St Detroit, MI | 2.0 | 1.0 | 1000 | $1,275 | $1.27 | 44d | 1 | 1.08mi |
| 11704 Greenview Ave Detroit, MI | 4.0 | 1.0 | 1046 | $1,300 | $1.24 | 25d | 1 | 1.10mi |
| 11641 Mansfield St Unit 2 Detroit, MI | 3.0 | 1.0 | 1449 | $1,300 | $0.90 | 44d | 1 | 1.12mi |
| 14814 Sussex St Unit 2 Detroit, MI | 3.0 | 1.0 | 1100 | $1,000 | $0.91 | 44d | 1 | 1.14mi |
| 14375 Terry St Detroit, MI | 3.0 | 2.0 | 1300 | $1,425 | $1.10 | 44d | 1 | 1.15mi |
| 15375 Prevost St Detroit, MI | 4.0 | 1.0 | 907 | $1,300 | $1.43 | 17d | 1 | 1.15mi |
| 14258 Plainview Ave Detroit, MI | 3.0 | 1.0 | 918 | $1,200 | $1.31 | 44d | 1 | 1.17mi |
| 14118 Evergreen Rd Unit 14120 Detroit, MI | 2.0 | 1.0 | 1580 | $996 | $0.63 | 25d | 1 | 1.21mi |
| 15736 Biltmore St Detroit, MI | 3.0 | 1.5 | 1000 | $1,200 | $1.20 | 17d | 1 | 1.22mi |
| 10030 Abington Ave Detroit, MI | 4.0 | 2.0 | 1350 | $1,475 | $1.09 | 12d | 1 | 1.28mi |
| 12754 Marlowe St Detroit, MI | 3.0 | 2.0 | 1008 | $1,400 | $1.39 | 17d | 1 | 1.29mi |
| 13331 Strathmoor St Detroit, MI | 3.0 | 1.0 | 1084 | $1,100 | $1.01 | 17d | 1 | 1.30mi |
| 15752 Rutherford St Detroit, MI | 3.0 | 2.0 | 1174 | $1,386 | $1.18 | 6d | 1 | 1.32mi |
| 12778 Strathmoor St Detroit, MI | 3.0 | 1.0 | 1597 | $1,150 | $0.72 | 6d | 1 | 1.39mi |
Listing history 18 events
-
2026-05-17price $110,000 883-char remark
Show marketing remark (883 chars)
Motivated seller in Grandmont, Detroit's Home of Good Neighbors! Calling all investors or handy homeowners looking to earn some equity in this 3 bedroom, 1.5 bath home. With a little vision and grit you could be the proud owner of one of the most stylish properties on the block. Spacious, bright, open main level floor plan offers wood floors and tile throughout with a large kitchen and dedicated dining space. Upstairs is home to a sleek tiled full bath and 3 comfortable bedrooms. Large rear deck overlooks spacious yard with 2 car garage. Unfinished basement waiting for your finishing touches! Set on a quiet, tree-lined street in one of Detroit's most welcoming communities, this property offers both charm and opportunity. ARV's in the Mid 200's prove this is the deal you've been waiting to jump on. Bring your vision and be part of a neighborhood that lives up to its name!
-
2026-05-16price $110,000 908-char remark
Show marketing remark (908 chars)
Motivated seller in Grandmont, Detroit's Home of Good Neighbors! Calling all investors or handy homeowners looking to earn some equity in this 3 bedroom, 1.5 bath home. With a little vision and grit you could be the proud owner of one of the most stylish properties on the block. Spacious, bright, open main level floor plan offers wood floors and tile throughout with a large kitchen and dedicated dining space. Upstairs is home to a sleek tiled full bath and 3 comfortable bedrooms. Large rear deck overlooks spacious yard with 2 car garage. Unfinished basement waiting for your finishing touches! Set on a quiet, tree-lined street in one of Detroit’s most welcoming communities, this property offers both charm and opportunity. ARV’s in the Mid 200’s prove this is the deal you’ve been waiting to jump on. Bring your vision and be part of a neighborhood that lives up to its name!
-
2026-05-08price $125,000 883-char remark
Show marketing remark (908 chars)
Motivated seller in Grandmont, Detroit's Home of Good Neighbors! Calling all investors or handy homeowners looking to earn some equity in this 3 bedroom, 1.5 bath home. With a little vision and grit you could be the proud owner of one of the most stylish properties on the block. Spacious, bright, open main level floor plan offers wood floors and tile throughout with a large kitchen and dedicated dining space. Upstairs is home to a sleek tiled full bath and 3 comfortable bedrooms. Large rear deck overlooks spacious yard with 2 car garage. Unfinished basement waiting for your finishing touches! Set on a quiet, tree-lined street in one of Detroit’s most welcoming communities, this property offers both charm and opportunity. ARV’s in the Mid 200’s prove this is the deal you’ve been waiting to jump on. Bring your vision and be part of a neighborhood that lives up to its name!
-
2026-05-08price $125,000 908-char remark
Show marketing remark (908 chars)
Motivated seller in Grandmont, Detroit's Home of Good Neighbors! Calling all investors or handy homeowners looking to earn some equity in this 3 bedroom, 1.5 bath home. With a little vision and grit you could be the proud owner of one of the most stylish properties on the block. Spacious, bright, open main level floor plan offers wood floors and tile throughout with a large kitchen and dedicated dining space. Upstairs is home to a sleek tiled full bath and 3 comfortable bedrooms. Large rear deck overlooks spacious yard with 2 car garage. Unfinished basement waiting for your finishing touches! Set on a quiet, tree-lined street in one of Detroit’s most welcoming communities, this property offers both charm and opportunity. ARV’s in the Mid 200’s prove this is the deal you’ve been waiting to jump on. Bring your vision and be part of a neighborhood that lives up to its name!
-
2026-04-25$140,000 Active 883-char remark
Show marketing remark (908 chars)
Motivated seller in Grandmont, Detroit's Home of Good Neighbors! Calling all investors or handy homeowners looking to earn some equity in this 3 bedroom, 1.5 bath home. With a little vision and grit you could be the proud owner of one of the most stylish properties on the block. Spacious, bright, open main level floor plan offers wood floors and tile throughout with a large kitchen and dedicated dining space. Upstairs is home to a sleek tiled full bath and 3 comfortable bedrooms. Large rear deck overlooks spacious yard with 2 car garage. Unfinished basement waiting for your finishing touches! Set on a quiet, tree-lined street in one of Detroit’s most welcoming communities, this property offers both charm and opportunity. ARV’s in the Mid 200’s prove this is the deal you’ve been waiting to jump on. Bring your vision and be part of a neighborhood that lives up to its name!
-
2026-04-25$140,000 Active 908-char remark
Show marketing remark (908 chars)
Motivated seller in Grandmont, Detroit's Home of Good Neighbors! Calling all investors or handy homeowners looking to earn some equity in this 3 bedroom, 1.5 bath home. With a little vision and grit you could be the proud owner of one of the most stylish properties on the block. Spacious, bright, open main level floor plan offers wood floors and tile throughout with a large kitchen and dedicated dining space. Upstairs is home to a sleek tiled full bath and 3 comfortable bedrooms. Large rear deck overlooks spacious yard with 2 car garage. Unfinished basement waiting for your finishing touches! Set on a quiet, tree-lined street in one of Detroit’s most welcoming communities, this property offers both charm and opportunity. ARV’s in the Mid 200’s prove this is the deal you’ve been waiting to jump on. Bring your vision and be part of a neighborhood that lives up to its name!
-
2026-04-22historical $140,000 883-char remark
Show marketing remark (883 chars)
Motivated seller in Grandmont, Detroit's Home of Good Neighbors! Calling all investors or handy homeowners looking to earn some equity in this 3 bedroom, 1.5 bath home. With a little vision and grit you could be the proud owner of one of the most stylish properties on the block. Spacious, bright, open main level floor plan offers wood floors and tile throughout with a large kitchen and dedicated dining space. Upstairs is home to a sleek tiled full bath and 3 comfortable bedrooms. Large rear deck overlooks spacious yard with 2 car garage. Unfinished basement waiting for your finishing touches! Set on a quiet, tree-lined street in one of Detroit's most welcoming communities, this property offers both charm and opportunity. ARV's in the Mid 200's prove this is the deal you've been waiting to jump on. Bring your vision and be part of a neighborhood that lives up to its name!
-
2024-11-20soldstatus $53,987
-
2013-10-02soldstatus $53,987
-
2013-10-01historical
-
2013-06-07$53,479
-
2012-07-31soldstatus $22,500
-
2012-07-23soldstatus $22,500
-
2012-06-05$22,000
-
2010-07-19soldstatus $125,118
-
2002-08-30soldstatus $123,500
-
2002-02-05$124,900
-
2000-03-22soldstatus $39,900
ⓘ 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
- $5,132 · $428/mo
- Projected year-2 tax
- $5,132 · $428/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,018
- − Mortgage interest
- −$6,162
- − Property taxes
- −$5,132
- − Insurance
- −$550
- − Repairs & maintenance
- −$1,281
- − Management
- −$1,281
- − Depreciation
- −$3,200
- Taxable loss
- −$1,589
- Est. tax savings @ 24.0%
- +$381
- After-tax cash flow
- $431/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
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)
- 40,302
- Household income
- $36,527
- Rent vs Own
- Severe rent burden
- 2371.0
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 (95%)
- Race & ethnicity
- Black 95% Two or more races 3% White 1%
- Foreign-born
- 1%
- Languages at home
- 98% 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
- ▼ -125.00%
- Current HPI
- 186.4158
- Rent YoY
- ▲ 5.59%
- 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 |
|
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Price history
+175.7% since first listed18 events — show timeline
- 2026-05-17 Price Changed $110,000 MiRealSource-MiMLS
- 2026-05-16 Price Changed $110,000 REALCOMP
- 2026-05-08 Price Changed $125,000 MiRealSource-MiMLS
- 2026-05-08 Price Changed $125,000 REALCOMP
- 2026-04-25 Listed $140,000 MiRealSource-MiMLS
- 2026-04-25 Listed $140,000 REALCOMP
- 2026-04-22 Coming Soon $140,000 MiRealSource-MiMLS
- 2024-11-20 Sold (Public Records) $53,987 Public Records
- 2013-10-02 Sold (MLS) $53,987 REALCOMP
- 2013-10-01 Listing Removed — REALCOMP
- 2013-06-07 Listed $53,479 REALCOMP
- 2012-07-31 Sold (Public Records) $22,500 Public Records
- 2012-07-23 Sold (MLS) $22,500 REALCOMP
- 2012-06-05 Listed $22,000 REALCOMP
- 2010-07-19 Sold (Public Records) $125,118 Public Records
- 2002-08-30 Sold (MLS) $123,500 REALCOMP
- 2002-02-05 Listed $124,900 REALCOMP
- 2000-03-22 Sold (Public Records) $39,900 Public Records
Property tax history
+8.3%/yrLatest (2025): $5,132 · +4005.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…