18951 Edinborough Rd · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
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).
- Cash flow +24.3/30.0
- DSCR +7.8/10.0
- ARV discount +7.5/15.0
- 1% rule +5.7/10.0
- 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
$125,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
COMPLETELY REMODELED & MOVE-IN READY WELCOMES YOU! Where modern upgrades meet classic charm. This beautifully renovated home features a brand-new kitchen with stylish countertops, updated cabinetry, and fresh Linoleum Plank and carpet flooring throughout. Enjoy a fully updated bathroom, new fixtures, and a bright, clean look. Everything in this home is NEW - from the mechanicals to the finishes - giving you peace of mind and comfort from day one. Located in a desirable neighborhood, this is the perfect opportunity for a first-time buyer or investor. Schedule your showing today - this one won't last!
Key facts
- 4,356 sq ft lot
- Built 1946
- Listed 122 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-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: $110k (12.0% 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 fast (+8.0%/yr); 305 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 37% 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 $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.
- At projected returns (-3.0% appreciation + 8.0% rent growth), your $35k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- It's been on market 122 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
- 11 sale attempts since 10y ago; this cycle's ask has dropped $15k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $63k; list at $125k implies a 98% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1946 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 122 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 1.07% ✓
- Cap rate
- 8.71%
- Cash-on-cash
- 8.63%
- DSCR
- 1.38
- GRM
- 7.8
CMA / ARV
- ARV (on-the-fly)
- $70,300
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 18555 Edinborough Rd | 0.09mi | 3/1.0 | 950 (0%) | 2mo | $70,000 | $74 | 94 |
| 18452 Shaftsbury Ave | 0.28mi | 3/1.0 | 927 (-2%) | 4mo | $55,000 | $59 | 80 |
| 18631 Margareta St | 0.46mi | 3/1.0 | 950 (0%) | 0mo | $62,000 | $65 | 78 |
| 19352 Margareta St | 0.11mi | 3/1.0 | 1,060 (+12%) | 3mo | $105,000 | $99 | 73 |
| 19145 Fielding St | 0.52mi | 3/1.5 | 924 (-3%) | 1mo | $98,000 | $106 | 68 |
| 17511 Westmoreland Rd | 0.59mi | 3/2.0 | 939 (-1%) | 1mo | $100,000 | $106 | 66 |
| 18418 Heyden St | 0.36mi | 2/1.0 (-1) | 865 (-9%) | 3mo | $17,000 | $20 | 60 |
| 18801 Margareta St | 0.43mi | 3/1.0 | 1,045 (+10%) | 3mo | $60,000 | $57 | 60 |
| 19333 Grandville Ave | 0.31mi | 2/1.0 (-1) | 851 (-10%) | 3mo | $45,000 | $53 | 60 |
| 19455 Avon Ave | 0.58mi | 3/1.0 | 1,023 (+8%) | 2mo | $72,000 | $70 | 58 |
| 17706 Stahelin Ave | 0.58mi | 3/1.0 | 818 (-14%) | 0mo | $106,000 | $130 | 50 |
| 17694 Shaftsbury Ave | 0.49mi | 2/1.5 (-1) | 1,058 (+11%) | 4mo | $90,000 | $85 | 48 |
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
- IRR
- 2.0%
- Equity multiple
- 1.08×
- Total profit
- $2,825
- Equity at exit
- $18,638
- IRR
- 15.8%
- Equity multiple
- 2.58×
- Total profit
- $55,215
- 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
ZIP-level market 48219
- Home prices YoY
- -10.3%
- Rents YoY
- 8.0%
- Active inventory
- 305
- Price-to-rent
- 7.8×
Monthly cashflow live
- Estimated rent
- $1,338 high interval (Pro) →
- Mortgage (P&I)
- −$656
- Tax from tax record
- −$98 /mo · $1,175/yr
- Insurance
- −$52
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$281
- Net cashflow
- $252
Break-even live
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
- —
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 |
|---|---|---|---|---|---|---|---|---|
| 18450 Edinborough Rd Detroit, MI | 3.0 | 1.0 | 1000 | $1,500 | $1.50 | 43d | 1 | 0.19mi |
| 18699 Shaftsbury Ave Detroit, MI | 2.0 | 1.0 | 800 | $1,000 | $1.25 | 43d | 1 | 0.20mi |
| 18659 Shaftsbury Ave Detroit, MI | 3.0 | 1.0 | 763 | $1,373 | $1.80 | 12d | 1 | 0.20mi |
| 19176 Grandville Ave Detroit, MI | 3.0 | 1.0 | 941 | $1,300 | $1.38 | 5d | 1 | 0.26mi |
| 18452 Shaftsbury Ave Detroit, MI | 3.0 | 1.0 | 927 | $1,500 | $1.62 | 16d | 1 | 0.29mi |
| 18556 Kentfield St Detroit, MI | 3.0 | 1.0 | 952 | $1,250 | $1.31 | 2d | 1 | 0.34mi |
| 18461 Heyden St Detroit, MI | 2.0 | 1.0 | 1000 | $1,050 | $1.05 | 5d | 1 | 0.35mi |
| 19372 Grandville Ave Detroit, MI | 2.0 | 1.5 | 733 | $1,050 | $1.43 | 15d | 1 | 0.39mi |
| 18191 Heyden St Detroit, MI | 2.0 | 1.0 | 917 | $1,100 | $1.20 | 24d | 1 | 0.45mi |
| 18134 Vaughan St Detroit, MI | 3.0 | 1.0 | 1060 | $1,150 | $1.08 | 16d | 1 | 0.45mi |
| 19329 Stahelin Ave Unit 1 Detroit, MI | 3.0 | 1.5 | 833 | $1,250 | $1.50 | 43d | 1 | 0.46mi |
| 19457 Evergreen Rd Detroit, MI | 2.0 | 1.0 | 1100 | $1,200 | $1.09 | 43d | 1 | 0.47mi |
| 18274 Fielding St Detroit, MI | 2.0 | 1.0 | 700 | $1,200 | $1.71 | 16d | 1 | 0.53mi |
| 18205 Stout St Detroit, MI | 3.0 | 1.0 | 901 | $1,078 | $1.20 | 24d | 1 | 0.53mi |
| 17654 Sunderland Rd Detroit, MI | 3.0 | 1.0 | 1100 | $1,500 | $1.36 | 43d | 1 | 0.59mi |
| 19445 Avon Ave Detroit, MI | 3.0 | 1.0 | 1023 | $1,550 | $1.52 | 43d | 1 | 0.59mi |
| 19781 Fielding St Detroit, MI | 3.0 | 1.0 | 1000 | $1,294 | $1.29 | 5d | 1 | 0.75mi |
| 18494 Ashton Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,600 | $1.60 | 16d | 1 | 0.77mi |
| 18437 Trinity St Detroit, MI | 3.0 | 1.0 | 875 | $1,364 | $1.56 | 15d | 1 | 0.79mi |
| 20011 Avon Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 5d | 1 | 0.86mi |
| 20271 Grandville Ave Detroit, MI | 3.0 | 1.0 | 1010 | $1,550 | $1.53 | 23d | 1 | 0.93mi |
| 17721 Westbrook St Detroit, MI | 4.0 | 1.0 | 1040 | $1,125 | $1.08 | 24d | 1 | 0.94mi |
| 20068 Faust Ave Detroit, MI | 2.0 | 1.0 | 750 | $1,100 | $1.47 | 24d | 1 | 0.98mi |
| 21434 Karl St Detroit, MI | 2.0 | 1.0 | 1000 | $1,350 | $1.35 | 43d | 1 | 1.02mi |
| 21455 Pickford St Detroit, MI | 2.0 | 1.0 | 1000 | $1,275 | $1.27 | 43d | 1 | 1.03mi |
| 19970 Ashton Ave Detroit, MI | 3.0 | 1.0 | 1000 | $1,000 | $1.00 | 43d | 1 | 1.04mi |
| 19918 Southfield Fwy Detroit, MI | 3.0 | 1.0 | 915 | $1,375 | $1.50 | 15d | 1 | 1.06mi |
| 18025 Bentler St Detroit, MI | 3.0 | 1.0 | 728 | $1,250 | $1.72 | 24d | 1 | 1.06mi |
| 19818 Fenmore St Detroit, MI | 3.0 | 1.0 | 902 | $1,275 | $1.41 | 43d | 1 | 1.06mi |
| 18276 Oakfield St Detroit, MI | 2.0 | 1.0 | 726 | $1,175 | $1.62 | 43d | 1 | 1.08mi |
| 21451 Glenco St Detroit, MI | 3.0 | 1.0 | 1026 | $1,400 | $1.36 | 16d | 1 | 1.09mi |
| 21440 Bennett St Detroit, MI | 3.0 | 1.0 | 1037 | $1,394 | $1.34 | 16d | 1 | 1.12mi |
| 21422 Pembroke Ave Detroit, MI | 3.0 | 1.5 | 1000 | $1,695 | $1.70 | 16d | 1 | 1.15mi |
| 17274 Bentler St Detroit, MI | 2.0 | 1.0 | 700 | $838 | $1.20 | 24d | 2 | 1.16mi |
| 17274 Bentler St Detroit, MI | 2.0 | 1.0 | 700 | $850 | $1.21 | 43d | 2 | 1.16mi |
| 17270 Bentler St Detroit, MI | 2.0 | 1.0 | 650 | $850 | $1.31 | 43d | 1 | 1.16mi |
| 20043 Fenmore St Detroit, MI | 3.0 | 1.0 | 1030 | $1,453 | $1.41 | 43d | 1 | 1.16mi |
| 17274 Bentler St #46 Detroit, MI | 2.0 | 1.0 | 700 | $850 | $1.21 | 16d | 1 | 1.17mi |
| 20527 Rosemont Ave Detroit, MI | 2.0 | 2.0 | 975 | $1,528 | $1.57 | 43d | 1 | 1.21mi |
| 19736 Gilchrist St Detroit, MI | 2.0 | 1.0 | 696 | $995 | $1.43 | 12d | 1 | 1.26mi |
Listing history 37 events
-
2026-03-29status Pending 612-char remark
Show marketing remark (612 chars)
COMPLETELY REMODELED & MOVE-IN READY WELCOMES YOU! Where modern upgrades meet classic charm. This beautifully renovated home features a brand-new kitchen with stylish countertops, updated cabinetry, and fresh Linoleum Plank and carpet flooring throughout. Enjoy a fully updated bathroom, new fixtures, and a bright, clean look. Everything in this home is NEW - from the mechanicals to the finishes - giving you peace of mind and comfort from day one. Located in a desirable neighborhood, this is the perfect opportunity for a first-time buyer or investor. Schedule your showing today - this one won't last!
-
2026-03-29status Pending
Show marketing remark (612 chars)
COMPLETELY REMODELED & MOVE-IN READY WELCOMES YOU! Where modern upgrades meet classic charm. This beautifully renovated home features a brand-new kitchen with stylish countertops, updated cabinetry, and fresh Linoleum Plank and carpet flooring throughout. Enjoy a fully updated bathroom, new fixtures, and a bright, clean look. Everything in this home is NEW - from the mechanicals to the finishes - giving you peace of mind and comfort from day one. Located in a desirable neighborhood, this is the perfect opportunity for a first-time buyer or investor. Schedule your showing today - this one won't last!
-
2026-03-20price $125,000 612-char remark
Show marketing remark (612 chars)
COMPLETELY REMODELED & MOVE-IN READY WELCOMES YOU! Where modern upgrades meet classic charm. This beautifully renovated home features a brand-new kitchen with stylish countertops, updated cabinetry, and fresh Linoleum Plank and carpet flooring throughout. Enjoy a fully updated bathroom, new fixtures, and a bright, clean look. Everything in this home is NEW - from the mechanicals to the finishes - giving you peace of mind and comfort from day one. Located in a desirable neighborhood, this is the perfect opportunity for a first-time buyer or investor. Schedule your showing today - this one won't last!
-
2026-03-20status Active 612-char remark
Show marketing remark (612 chars)
COMPLETELY REMODELED & MOVE-IN READY WELCOMES YOU! Where modern upgrades meet classic charm. This beautifully renovated home features a brand-new kitchen with stylish countertops, updated cabinetry, and fresh Linoleum Plank and carpet flooring throughout. Enjoy a fully updated bathroom, new fixtures, and a bright, clean look. Everything in this home is NEW - from the mechanicals to the finishes - giving you peace of mind and comfort from day one. Located in a desirable neighborhood, this is the perfect opportunity for a first-time buyer or investor. Schedule your showing today - this one won't last!
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2026-03-20price $125,000
Show marketing remark (612 chars)
COMPLETELY REMODELED & MOVE-IN READY WELCOMES YOU! Where modern upgrades meet classic charm. This beautifully renovated home features a brand-new kitchen with stylish countertops, updated cabinetry, and fresh Linoleum Plank and carpet flooring throughout. Enjoy a fully updated bathroom, new fixtures, and a bright, clean look. Everything in this home is NEW - from the mechanicals to the finishes - giving you peace of mind and comfort from day one. Located in a desirable neighborhood, this is the perfect opportunity for a first-time buyer or investor. Schedule your showing today - this one won't last!
-
2026-03-20status Active
Show marketing remark (612 chars)
COMPLETELY REMODELED & MOVE-IN READY WELCOMES YOU! Where modern upgrades meet classic charm. This beautifully renovated home features a brand-new kitchen with stylish countertops, updated cabinetry, and fresh Linoleum Plank and carpet flooring throughout. Enjoy a fully updated bathroom, new fixtures, and a bright, clean look. Everything in this home is NEW - from the mechanicals to the finishes - giving you peace of mind and comfort from day one. Located in a desirable neighborhood, this is the perfect opportunity for a first-time buyer or investor. Schedule your showing today - this one won't last!
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2026-02-16status Pending 612-char remark
Show marketing remark (612 chars)
COMPLETELY REMODELED & MOVE-IN READY WELCOMES YOU! Where modern upgrades meet classic charm. This beautifully renovated home features a brand-new kitchen with stylish countertops, updated cabinetry, and fresh Linoleum Plank and carpet flooring throughout. Enjoy a fully updated bathroom, new fixtures, and a bright, clean look. Everything in this home is NEW - from the mechanicals to the finishes - giving you peace of mind and comfort from day one. Located in a desirable neighborhood, this is the perfect opportunity for a first-time buyer or investor. Schedule your showing today - this one won't last!
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2026-02-16status Pending
Show marketing remark (612 chars)
COMPLETELY REMODELED & MOVE-IN READY WELCOMES YOU! Where modern upgrades meet classic charm. This beautifully renovated home features a brand-new kitchen with stylish countertops, updated cabinetry, and fresh Linoleum Plank and carpet flooring throughout. Enjoy a fully updated bathroom, new fixtures, and a bright, clean look. Everything in this home is NEW - from the mechanicals to the finishes - giving you peace of mind and comfort from day one. Located in a desirable neighborhood, this is the perfect opportunity for a first-time buyer or investor. Schedule your showing today - this one won't last!
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2026-01-29status Active
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2026-01-29historical
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2025-10-27$139,999 Active 612-char remark
Show marketing remark (612 chars)
COMPLETELY REMODELED & MOVE-IN READY WELCOMES YOU! Where modern upgrades meet classic charm. This beautifully renovated home features a brand-new kitchen with stylish countertops, updated cabinetry, and fresh Linoleum Plank and carpet flooring throughout. Enjoy a fully updated bathroom, new fixtures, and a bright, clean look. Everything in this home is NEW - from the mechanicals to the finishes - giving you peace of mind and comfort from day one. Located in a desirable neighborhood, this is the perfect opportunity for a first-time buyer or investor. Schedule your showing today - this one won't last!
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2025-10-27$139,999 Active
Show marketing remark (612 chars)
COMPLETELY REMODELED & MOVE-IN READY WELCOMES YOU! Where modern upgrades meet classic charm. This beautifully renovated home features a brand-new kitchen with stylish countertops, updated cabinetry, and fresh Linoleum Plank and carpet flooring throughout. Enjoy a fully updated bathroom, new fixtures, and a bright, clean look. Everything in this home is NEW - from the mechanicals to the finishes - giving you peace of mind and comfort from day one. Located in a desirable neighborhood, this is the perfect opportunity for a first-time buyer or investor. Schedule your showing today - this one won't last!
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2025-10-24historical $139,999 612-char remark
Show marketing remark (612 chars)
COMPLETELY REMODELED & MOVE-IN READY WELCOMES YOU! Where modern upgrades meet classic charm. This beautifully renovated home features a brand-new kitchen with stylish countertops, updated cabinetry, and fresh Linoleum Plank and carpet flooring throughout. Enjoy a fully updated bathroom, new fixtures, and a bright, clean look. Everything in this home is NEW - from the mechanicals to the finishes - giving you peace of mind and comfort from day one. Located in a desirable neighborhood, this is the perfect opportunity for a first-time buyer or investor. Schedule your showing today - this one won't last!
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2025-10-15historical
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2025-10-15historical
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2025-08-27price $149,999
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2025-08-27price $149,999
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2025-08-15price $159,999
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2025-08-15price $159,999
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2025-07-11$164,999 Active
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2025-07-11$164,999 Active
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2025-05-12soldstatus $63,000
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2025-05-09soldstatus $63,000 Closed
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2025-05-09soldstatus $63,000 Closed
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2025-04-17status Pending
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2025-04-17status Pending
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2025-04-07$49,900 Active
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2025-04-07$49,900 Active
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2016-04-27historical
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2016-04-23soldstatus $13,101 Sold
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2016-04-23soldstatus $13,101 Closed
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2016-04-15status Pending
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2016-03-14status Pending
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2016-03-02historical
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2016-03-01$10,750 Active
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2016-02-23$10,750 Active
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1993-01-04soldstatus $30,500
ⓘ 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
- $1,175 · $98/mo
- Projected year-2 tax
- $1,550 · $129/mo
- Expected delta
- +$375/yr (+$31/mo · 31.9%)
ⓘ 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
- $16,057
- − Mortgage interest
- −$7,002
- − Property taxes
- −$1,175
- − Insurance
- −$625
- − Repairs & maintenance
- −$1,285
- − Management
- −$1,285
- − Depreciation
- −$3,636
- Taxable income
- $1,050
- Est. tax owed @ 24.0%
- −$252
- After-tax cash flow
- $2,767/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)
- 47,208
- Household income
- $43,655
- Rent vs 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 |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
+309.8% since first listed37 events — show timeline
- 2026-03-29 Pending — MiRealSource-MiMLS
- 2026-03-29 Pending — REALCOMP
- 2026-03-20 Price Changed $125,000 MiRealSource-MiMLS
- 2026-03-20 Relisted — MiRealSource-MiMLS
- 2026-03-20 Price Changed $125,000 REALCOMP
- 2026-03-20 Relisted — REALCOMP
- 2026-02-16 Pending — MiRealSource-MiMLS
- 2026-02-16 Pending — REALCOMP
- 2026-01-29 Relisted — REALCOMP
- 2026-01-29 Listing Removed — REALCOMP
- 2025-10-27 Listed $139,999 MiRealSource-MiMLS
- 2025-10-27 Listed $139,999 REALCOMP
- 2025-10-24 Coming Soon $139,999 MiRealSource-MiMLS
- 2025-10-15 Listing Removed — MiRealSource-MiMLS
- 2025-10-15 Listing Removed — REALCOMP
- 2025-08-27 Price Changed $149,999 MiRealSource-MiMLS
- 2025-08-27 Price Changed $149,999 REALCOMP
- 2025-08-15 Price Changed $159,999 MiRealSource-MiMLS
- 2025-08-15 Price Changed $159,999 REALCOMP
- 2025-07-11 Listed $164,999 MiRealSource-MiMLS
- 2025-07-11 Listed $164,999 REALCOMP
- 2025-05-12 Sold (Public Records) $63,000 Public Records
- 2025-05-09 Sold (MLS) $63,000 MiRealSource-MiMLS
- 2025-05-09 Sold (MLS) $63,000 REALCOMP
- 2025-04-17 Pending — MiRealSource-MiMLS
- 2025-04-17 Pending — REALCOMP
- 2025-04-07 Listed $49,900 MiRealSource-MiMLS
- 2025-04-07 Listed $49,900 REALCOMP
- 2016-04-27 Listing Removed — MiRealSource-MiMLS
- 2016-04-23 Sold (MLS) $13,101 MiRealSource-MiMLS
- 2016-04-23 Sold (MLS) $13,101 REALCOMP
- 2016-04-15 Pending — MiRealSource-MiMLS
- 2016-03-14 Pending — REALCOMP
- 2016-03-02 Listing Removed — MiRealSource-MiMLS
- 2016-03-01 Listed $10,750 MiRealSource-MiMLS
- 2016-02-23 Listed $10,750 REALCOMP
- 1993-01-04 Sold (Public Records) $30,500 Public Records
Property tax history
-1.7%/yrLatest (2025): $1,175 · -37.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…