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D Composite 43.99
Why this score? — see what drove the D 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 +15.0/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Rent growth +4.0/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$20,000

13521 Wyoming St · Detroit, MI 48238
4 bd · 1.0 ba · 1,237 sqft · SingleFamily public records · 392 Days on market
Built 1955 3,920 sqft lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

Key facts

  • 3,920 sq ft lot
  • Garage
  • Built 1955

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 4-bed/1.0-bath single-family listed at $20k.

Deal economics

  • At list price, monthly cash flow is $873 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $20k).
  • Recommended offer: $18k (12.0% below list) — sets the bar for market timing.
  • Cap rate 58.6% 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 (+6.1%/yr); 346 active listings in the ZIP; 32 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).
  • At $1,339/mo this rent would consume 48% of the median local household income ($33k/yr) (locally 2172% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $138 of loan paydown is wiped out by about $600 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 + 6.1% rent growth), your $6k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 392 days — a 12% lower offer ($18k) is reasonable based on typical stale-listing flexibility.
  • 14 sale attempts since 25y ago; this cycle's ask has dropped $33k (63%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: property tax is 4.3% of price; built in 1955 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $17,600 (12.0% below list)

Questions for the listing agent

  1. It's been on market 392 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 1955 — 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  9. 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.
  10. 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.
  11. 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
6.69%
Cap rate
58.65%
Cash-on-cash
186.98%
DSCR
9.32
GRM
1.2

CMA / ARV

ARV (on-the-fly)
$68,035
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
13586 Indiana St 0.14mi 3/1.0 (-1) 1,298 (+5%) 2mo $30,000 $23 79
13581 Cloverlawn St 0.37mi 4/2.0 1,240 (+0%) 4mo $143,000 $115 75
12754 Mendota St 0.35mi 3/1.0 (-1) 1,224 (-1%) 8mo $28,500 $23 71
13903 Cloverlawn Ave 0.40mi 3/1.5 (-1) 1,265 (+2%) 5mo $140,000 $111 67
13558 Pinehurst St 0.30mi 4/1.0 1,099 (-11%) 2mo $135,000 $123 66
14203 Cherrylawn St 0.45mi 3/2.0 (-1) 1,250 (+1%) 5mo $58,000 $46 64
12629 Washburn St 0.37mi 3/1.0 (-1) 1,392 (+12%) 7mo $75,000 $54 51
12738 Manor 0.49mi 3/1.0 (-1) 1,348 (+9%) 8mo $20,000 $15 51
12162 Kentucky St 0.55mi 3/1.0 (-1) 1,415 (+14%) 4mo $42,000 $30 42
12351 Cherrylawn St 0.53mi 3/1.0 (-1) 1,418 (+15%) 8mo $109,500 $77 40
14265 Appoline St 0.70mi 3/2.0 (-1) 1,384 (+12%) 0mo $76,000 $55 38
11931 Wisconsin St 0.65mi 3/3.0 (-1) 1,407 (+14%) 5mo $135,900 $97 30

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 · 6.14% rent growth · sell at horizon

5-year hold
IRR
Equity multiple
11.13×
Total profit
$56,746
Equity at exit
$2,982
10-year hold
IRR
Equity multiple
26.05×
Total profit
$140,272
Equity at exit
$1,729

Cash invested: $5,600 (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 48238

Home prices YoY
-14.4%
Rents YoY
6.1%
Active inventory
346
Price-to-rent
1.2×

Monthly cashflow live

Estimated rent
$1,339 high interval (Pro) →
Mortgage (P&I)
$105
Tax from tax record
$72 /mo · $864/yr
Insurance
$8
HOA
$0
Vacancy / Maint / Mgmt
$281
Net cashflow
$873

Break-even live

Break-even rent $234
Max offer price $20,000
Occupancy floor 30%

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
$5,000
Closing costs
$600
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 32 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
13620 Kentucky St Detroit, MI 3.0 1.0 1248 $1,200 $0.96 5d 1 0.14mi
13979 Cherrylawn St Detroit, MI 3.0 1.0 1296 $1,334 $1.03 20d 1 0.35mi
13965 Mendota St Detroit, MI 3.0 1.0 1222 $1,294 $1.06 17d 1 0.37mi
14242 Ohio St Detroit, MI 4.0 1.0 1400 $1,000 $0.71 43d 1 0.49mi
14011 Roselawn St Detroit, MI 4.0 1.5 1300 $1,450 $1.12 1d 1 0.50mi
14011 Roselawn St Detroit, MI 4.0 1.5 1300 $1,450 $1.12 17d 1 0.50mi
12144 Washburn St Detroit, MI 3.0 1.0 1200 $1,200 $1.00 15d 1 0.56mi
12303 Cloverlawn St Detroit, MI 3.0 1.5 1454 $1,400 $0.96 43d 1 0.59mi
13620 Tuller St Detroit, MI 4.0 1.0 1064 $1,374 $1.29 12d 1 0.67mi
Ohio St Unit 4 Detroit, MI 4.0 1.5 1400 $750 $0.54 43d 1 0.67mi
14570 Cherrylawn St Detroit, MI 3.0 1.0 840 $1,250 $1.49 12d 1 0.76mi
14550 Northlawn St Detroit, MI 3.0 2.0 950 $1,200 $1.26 16d 1 0.76mi
14656 Roselawn St Detroit, MI 3.0 1.0 1000 $1,200 $1.20 17d 1 0.90mi
14881 Mendota St Detroit, MI 3.0 1.0 1026 $1,100 $1.07 24d 1 0.95mi
4287 W Grand St Unit 4289 Detroit, MI 3.0 1.0 1250 $1,000 $0.80 43d 1 1.10mi
12032 Santa Rosa Dr Unit 1 Detroit, MI 3.0 1.0 900 $1,423 $1.58 5d 1 1.13mi
10002 Manor Unit 2 Detroit, MI 3.0 1.0 1100 $1,150 $1.05 43d 1 1.15mi
4336 Buena Vista St Detroit, MI 3.0 1.0 1300 $1,100 $0.85 43d 1 1.15mi
14847 Cheyenne St Detroit, MI 3.0 2.0 849 $1,150 $1.35 17d 1 1.16mi
4045 Clements St Detroit, MI 3.0 1.0 850 $1,150 $1.35 43d 1 1.27mi
4045 Clements St Detroit, MI 3.0 1.0 850 $1,150 $1.35 24d 1 1.27mi
14284 Cruse St Detroit, MI 3.0 1.0 1121 $1,150 $1.03 16d 1 1.29mi
14891 Hartwell St Detroit, MI 3.0 1.0 1000 $1,150 $1.15 43d 1 1.31mi
15457 Cloverlawn St Detroit, MI 3.0 2.0 1500 $1,275 $0.85 24d 1 1.37mi
3824 Tyler St Apt 1 Detroit, MI 3.0 1.0 900 $1,523 $1.69 16d 1 1.38mi
9558 Meyers Rd Detroit, MI 3.0 1.0 950 $1,150 $1.21 43d 1 1.39mi
14903 Tracey St Detroit, MI 3.0 1.0 1004 $1,100 $1.10 16d 1 1.40mi
15708 Birwood St Detroit, MI 3.0 1.0 1255 $1,100 $0.88 5d 1 1.41mi
3783 Tyler St Unit Lower Detroit, MI 3.0 1.0 1000 $1,150 $1.15 43d 1 1.42mi
3740 Tyler St Unit 1 Detroit, MI 3.0 1.0 1300 $1,300 $1.00 5d 1 1.44mi
14590 Ardmore St Detroit, MI 3.0 1.0 1200 $1,195 $1.00 2d 1 1.46mi
13331 Strathmoor St Detroit, MI 3.0 1.0 1084 $1,100 $1.01 16d 1 1.47mi

Listing history 47 events

  1. 2025-06-27
    status Pending
  2. 2025-06-11
    status Pending
  3. 2025-03-25
    historical
  4. 2024-12-17
    status Pending
  5. 2023-03-06
    status Pending 202-char remark
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  6. 2023-03-06
    status Pending
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  7. 2023-03-06
    historical
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  8. 2023-02-23
    price $20,000 202-char remark
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  9. 2023-02-23
    price $20,000
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  10. 2023-01-04
    price $28,000 202-char remark
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  11. 2023-01-03
    price $28,000
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  12. 2023-01-03
    status Active 202-char remark
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  13. 2023-01-03
    status Active
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  14. 2022-10-03
    status Pending 202-char remark
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  15. 2022-10-03
    status Pending
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  16. 2022-09-15
    status Active 202-char remark
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  17. 2022-09-15
    status Active
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  18. 2022-07-30
    status Pending 202-char remark
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  19. 2022-07-30
    status Pending
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  20. 2022-06-09
    price $25,168 202-char remark
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  21. 2022-06-08
    price $25,168
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  22. 2022-06-08
    status Active 202-char remark
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  23. 2022-06-08
    status Active
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  24. 2022-05-31
    status Pending 202-char remark
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  25. 2022-05-31
    status Pending
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  26. 2022-05-20
    status Active 202-char remark
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  27. 2022-05-20
    status Active
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  28. 2022-03-07
    status Pending 202-char remark
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  29. 2022-03-07
    status Pending
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  30. 2022-03-05
    price $19,900 202-char remark
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  31. 2022-03-04
    price $19,900
  32. 2022-02-22
    status Active
  33. 2022-02-22
    status Pending
  34. 2022-02-16
    price $39,700 202-char remark
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  35. 2022-02-15
    price $39,700
  36. 2022-01-11
    price $43,990 202-char remark
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  37. 2022-01-11
    price $43,990
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  38. 2021-07-01
    listed $53,400 Active
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  39. 2021-07-01
    listed $53,400 Active 202-char remark
    Show marketing remark (202 chars)

    This Diamond in the rough home has 4 bedrooms and 3 full bathrooms. Two of the Bathrooms are Ensuite. Access to freeways and public transportation and shopping nearby. Subject to probate court approval.

  40. 2005-12-16
    soldstatus $36,000 32-char remark
    Show marketing remark (32 chars)

    Handyman special or good rental.

  41. 2005-12-16
    soldstatus $36,000
    Show marketing remark (32 chars)

    Handyman special or good rental.

  42. 2005-11-08
    historical
  43. 2005-09-27
    listed $27,500 32-char remark
    Show marketing remark (32 chars)

    Handyman special or good rental.

  44. 2005-09-27
    listed $27,500
    Show marketing remark (32 chars)

    Handyman special or good rental.

  45. 2003-02-26
    soldstatus $67,900
  46. 2002-08-23
    soldstatus $67,900
  47. 2001-12-15
    listed $67,900

ⓘ 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
$864 · $72/mo
Projected year-2 tax
$864 · $72/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 ≥97°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
$16,068
− Mortgage interest
−$1,120
− Property taxes
−$864
− Insurance
−$100
− Repairs & maintenance
−$1,285
− Management
−$1,285
− Depreciation
−$582
Taxable income
$10,831
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,599
After-tax cash flow
$7,871/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)
24,731
Household income
$33,315
Rent vs Own
53.0% rent · 47.0% own
Severe rent burden
2172.0

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 (94%)
Race & ethnicity
Black 94% Two or more races 3% White 1%
Foreign-born
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
▼ -31.96%
Current HPI
189.6227
Rent YoY
▲ 6.14%
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

-70.5% since first listed
47 events — show timeline
  • 2025-06-27 Pending REALCOMP
  • 2025-06-11 Pending REALCOMP
  • 2025-03-25 Listing Removed REALCOMP
  • 2024-12-17 Pending REALCOMP
  • 2023-03-06 Pending MiRealSource-MiMLS
  • 2023-03-06 Pending REALCOMP
  • 2023-03-06 Listing Removed REALCOMP
  • 2023-02-23 Price Changed $20,000 MiRealSource-MiMLS
  • 2023-02-23 Price Changed $20,000 REALCOMP
  • 2023-01-04 Price Changed $28,000 MiRealSource-MiMLS
  • 2023-01-03 Price Changed $28,000 REALCOMP
  • 2023-01-03 Relisted MiRealSource-MiMLS
  • 2023-01-03 Relisted REALCOMP
  • 2022-10-03 Pending MiRealSource-MiMLS
  • 2022-10-03 Pending REALCOMP
  • 2022-09-15 Relisted MiRealSource-MiMLS
  • 2022-09-15 Relisted REALCOMP
  • 2022-07-30 Pending MiRealSource-MiMLS
  • 2022-07-30 Pending REALCOMP
  • 2022-06-09 Price Changed $25,168 MiRealSource-MiMLS
  • 2022-06-08 Price Changed $25,168 REALCOMP
  • 2022-06-08 Relisted MiRealSource-MiMLS
  • 2022-06-08 Relisted REALCOMP
  • 2022-05-31 Pending MiRealSource-MiMLS
  • 2022-05-31 Pending REALCOMP
  • 2022-05-20 Relisted MiRealSource-MiMLS
  • 2022-05-20 Relisted REALCOMP
  • 2022-03-07 Pending MiRealSource-MiMLS
  • 2022-03-07 Pending REALCOMP
  • 2022-03-05 Price Changed $19,900 MiRealSource-MiMLS
  • 2022-03-04 Price Changed $19,900 REALCOMP
  • 2022-02-22 Relisted REALCOMP
  • 2022-02-22 Pending REALCOMP
  • 2022-02-16 Price Changed $39,700 MiRealSource-MiMLS
  • 2022-02-15 Price Changed $39,700 REALCOMP
  • 2022-01-11 Price Changed $43,990 MiRealSource-MiMLS
  • 2022-01-11 Price Changed $43,990 REALCOMP
  • 2021-07-01 Listed $53,400 MiRealSource-MiMLS
  • 2021-07-01 Listed $53,400 REALCOMP
  • 2005-12-16 Sold (MLS) $36,000 MiRealSource-MiMLS
  • 2005-12-16 Sold (MLS) $36,000 REALCOMP
  • 2005-11-08 Listing Removed MiRealSource-MiMLS
  • 2005-09-27 Listed $27,500 MiRealSource-MiMLS
  • 2005-09-27 Listed $27,500 REALCOMP
  • 2003-02-26 Sold (Public Records) $67,900 Public Records
  • 2002-08-23 Sold (MLS) $67,900 REALCOMP
  • 2001-12-15 Listed $67,900 REALCOMP

Property tax history

-3.2%/yr

Latest (2025): $864 · -63.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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