15276 Young St · Detroit, MI 48205

$109,900

3 bd · 1.0 ba · 1,275 sqft · SingleFamily public records · 22 Days on market

Built 1940 4,356 sqft lot $86/sqft · 111% above area

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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 +26.8/30.0
• DSCR +9.2/10.0
• ARV discount +7.5/15.0
• 1% rule +6.8/10.0
• 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

* * OPEN HOUSE: SATURDAY 3/21 12 p. m. - 2 p. m. * * * Welcome to this charming and well-maintained 3-bedroom, 1-bath home featuring beautiful hardwood floors throughout. From the moment you walk in, you'll appreciate the warmth and comfort this home offers. The spacious kitchen provides plenty of room to cook and gather, complete with a dishwasher for added convenience. All three bedrooms are generously sized with great closet space, offering both comfort and functionality. One of the standout features of this home is the cozy, well-kept fireplace -- perfect for relaxing evenings and adding character to the living space. The full-size basement provides excellent storage space or the potential to finish and expand your living area. Step outside to enjoy the nice-sized back porch -- ideal for BBQs and entertaining -- along with a spacious backyard that offers room to relax, garden, or host family gatherings. This home, which has been very well-maintained, is currently tenant occupied.

Key facts

• Spacious backyard
• Spacious kitchen
• Full-size basement

Tags

• HARDWOOD FLOORS
• SPACIOUS KITCHEN
• WELL-KEPT FIREPLACE
• FULL-SIZE BASEMENT
• BACK PORCH
• SPACIOUS BACKYARD

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 $300 ($4k/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.

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; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 40% 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 40% 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 $760 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 22 days — a 2% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
• 16 sale attempts since 25y ago; this cycle's ask has dropped $9k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $108,251 (1.5% below list)

Questions for the listing agent

1. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.18% ✓
• Cap rate: 9.57%
• Cash-on-cash: 11.72%
• DSCR: 1.52
• GRM: 7.0

CMA / ARV

• ARV (median comp): $52,176
• List price: $109,900
• Delta: 110.63%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15419 Young St	0.07mi	3/1.0	1,250 (-2%)	3mo	$54,500	$44	91
15411 Young St St	0.06mi	3/1.5	1,240 (-3%)	2mo	$95,000	$77	89
15469 Troester St	0.22mi	3/1.0	1,375 (+8%)	1mo	$60,000	$44	76
11742 Whitehill St	0.45mi	3/1.5	1,228 (-4%)	1mo	$61,000	$50	70
15430 Mapleridge St	0.36mi	4/1.5 (+1)	1,320 (+4%)	1mo	$123,000	$93	69
15309 Mapleridge St	0.38mi	3/1.5	1,348 (+6%)	3mo	$116,000	$86	68
11336 Courville St	0.30mi	3/1.0	1,425 (+12%)	0mo	$62,500	$44	66
11323 Lansdowne St	0.45mi	3/1.5	1,397 (+10%)	2mo	$133,282	$95	59
15416 Eastwood St	0.69mi	3/1.0	1,211 (-5%)	2mo	$70,000	$58	57
12519 Riad St	0.63mi	3/1.0	1,135 (-11%)	0mo	$100,000	$88	52
10441 Roxbury St	0.74mi	3/1.5	1,127 (-12%)	3mo	$59,000	$52	42
15256 Fordham St	0.74mi	3/1.5	1,099 (-14%)	3mo	$60,000	$55	38

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: -0.7%
• Equity multiple: 0.97×
• Total profit: $-824
• Equity at exit: $16,386

10-year hold

• IRR: 7.2%
• Equity multiple: 1.50×
• Total profit: $15,388
• Equity at exit: $9,502

Cash invested: $30,772 (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: 7.0×

Monthly cashflow live

• Estimated rent: $1,302 high
• Mortgage (P&I): −$576
• Tax from tax record: −$106 /mo · $1,269/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$273
• Net cashflow: $300

Break-even live

Break-even rent $921

Max offer price $109,900

Occupancy floor 72%

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: $27,475
• Closing costs: $3,297
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12651 Kelly Rd Unit 1 Detroit, MI	2.0	1.0	1680	$1,150	$0.68	11d	1	0.07mi
12655 Kelly Rd Detroit, MI	2.0	1.0	1680	$1,150	$0.68	11d	1	0.07mi
15010 Cedargrove St Detroit, MI	3.0	1.5	1018	$1,350	$1.33	43d	1	0.24mi
15000 Mayfield St Detroit, MI	3.0	1.0	1146	$970	$0.85	17d	1	0.25mi
15494 Mapleridge St Detroit, MI	3.0	1.0	937	$1,275	$1.36	43d	1	0.36mi
11018 Whitehill St Detroit, MI	3.0	1.0	1146	$1,450	$1.27	11d	1	0.52mi
10813 Whitehill St Detroit, MI	3.0	1.0	1392	$1,350	$0.97	17d	1	0.57mi
11911 Lansdowne St Detroit, MI	4.0	1.0	1350	$1,400	$1.04	43d	1	0.59mi
11689 Wayburn St Detroit, MI	3.0	1.0	1142	$1,350	$1.18	43d	1	0.62mi
10724 Whitehill St Detroit, MI	3.0	3.0	1425	$1,550	$1.09	17d	1	0.63mi
10644 Stratman St Detroit, MI	2.0	1.0	1000	$1,200	$1.20	17d	1	0.66mi
10803 Roxbury St Detroit, MI	3.0	1.0	1150	$900	$0.78	20d	1	0.69mi
11620 Rossiter St Detroit, MI	3.0	1.0	1140	$1,200	$1.05	17d	1	0.71mi
14201 Mayfield St Detroit, MI	4.0	1.5	1296	$1,250	$0.96	43d	1	0.72mi
11235 Roxbury St Detroit, MI	3.0	1.0	1062	$1,325	$1.25	17d	1	0.73mi
12716 Riad St Detroit, MI	3.0	1.0	974	$1,275	$1.31	17d	1	0.74mi
11776 Rossiter St Detroit, MI	3.0	1.0	964	$1,150	$1.19	11d	1	0.80mi
15616 E 7 Mile Rd Detroit, MI	3.0	1.5	1150	$1,150	$1.00	17d	1	0.80mi
10141 Roxbury St Detroit, MI	3.0	1.0	1115	$1,000	$0.90	43d	1	0.86mi
9755 Wayburn St Detroit, MI	3.0	2.0	1498	$1,400	$0.93	3d	1	0.88mi
10404 Somerset Ave Detroit, MI	3.0	1.0	1108	$1,475	$1.33	3d	1	0.89mi
16031 E 7 Mile Rd #5 Detroit, MI	2.0	1.0	1204	$1,200	$1.00	2d	1	0.91mi
15909 Maddelein St Detroit, MI	3.0	1.0	894	$1,266	$1.42	43d	1	0.95mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	15d	1	0.95mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	43d	1	0.95mi
9984 Beaconsfield St Detroit, MI	3.0	1.0	1222	$1,575	$1.29	43d	1	0.96mi
9927 Beaconsfield St Detroit, MI	3.0	1.0	942	$1,375	$1.46	15d	1	0.96mi
15604 Coram St Detroit, MI	3.0	1.0	1210	$1,000	$0.83	43d	1	0.98mi
19144 Moross Rd Detroit, MI	2.0	1.0	900	$1,050	$1.17	43d	1	0.99mi
18530 Kingsville St Harper Woods, MI	3.0	1.5	1396	$1,375	$0.98	17d	1	1.00mi
14481 Maddelein St Detroit, MI	3.0	1.0	1200	$1,100	$0.92	43d	1	1.01mi
14461 Lappin St Detroit, MI	3.0	1.5	989	$1,150	$1.16	17d	1	1.07mi
9400 Lakepointe St Detroit, MI	3.0	1.0	1300	$1,150	$0.88	5d	1	1.07mi
13400 Longview St Detroit, MI	3.0	1.5	1000	$1,400	$1.40	43d	1	1.09mi
10400 Britain St Detroit, MI	3.0	1.0	890	$1,100	$1.24	43d	1	1.10mi
14504 Coram St Detroit, MI	3.0	1.0	1203	$1,175	$0.98	24d	1	1.10mi
10037 Grayton St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	3d	1	1.11mi
9168 Wayburn St Detroit, MI	3.0	1.0	1274	$1,300	$1.02	20d	1	1.11mi
9635 Everts St Detroit, MI	4.0	2.0	1450	$1,650	$1.14	43d	1	1.12mi
10370 Britain St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	43d	1	1.12mi

Listing history 50 events

1. 2026-06-18
   days on market $109,900 Active 22 DOM
2. 2026-06-17
   days on market $109,900 Active 21 DOM
3. 2026-06-15
   days on market $109,900 Active 19 DOM
4. 2026-06-13
   days on market $109,900 Active 17 DOM
5. 2026-06-13
   days on market $109,900 Active 16 DOM
6. 2026-06-09
   days on market $109,900 Active 13 DOM
7. 2026-06-08
   days on market $109,900 Active 12 DOM
8. 2026-06-07
   days on market $109,900 Active 11 DOM
9. 2026-06-04
   days on market $109,900 Active 8 DOM
10. 2026-06-03
    days on market $109,900 Active 7 DOM
11. 2026-06-02
    days on market $109,900 Active 6 DOM
12. 2026-06-01
    days on market $109,900 Active 5 DOM
13. 2026-05-31
    days on market $109,900 Active 4 DOM
14. 2026-04-23
    price $109,900 1002-char remark

    Show marketing remark (1002 chars)

    * * OPEN HOUSE: SATURDAY 3/21 12 p. m. - 2 p. m. * * * Welcome to this charming and well-maintained 3-bedroom, 1-bath home featuring beautiful hardwood floors throughout. From the moment you walk in, you'll appreciate the warmth and comfort this home offers. The spacious kitchen provides plenty of room to cook and gather, complete with a dishwasher for added convenience. All three bedrooms are generously sized with great closet space, offering both comfort and functionality. One of the standout features of this home is the cozy, well-kept fireplace -- perfect for relaxing evenings and adding character to the living space. The full-size basement provides excellent storage space or the potential to finish and expand your living area. Step outside to enjoy the nice-sized back porch -- ideal for BBQs and entertaining -- along with a spacious backyard that offers room to relax, garden, or host family gatherings. This home, which has been very well-maintained, is currently tenant occupied.

15. 2026-04-22
    price $109,900 1004-char remark

    Show marketing remark (1004 chars)

    * * OPEN HOUSE: SATURDAY 3/21 12 p. m. - 2 p. m. * * * Welcome to this charming and well-maintained 3-bedroom, 1-bath home featuring beautiful hardwood floors throughout. From the moment you walk in, you'll appreciate the warmth and comfort this home offers. The spacious kitchen provides plenty of room to cook and gather, complete with a dishwasher for added convenience. All three bedrooms are generously sized with great closet space, offering both comfort and functionality. One of the standout features of this home is the cozy, well-kept fireplace -- perfect for relaxing evenings and adding character to the living space. The full-size basement provides excellent storage space or the potential to finish and expand your living area. Step outside to enjoy the nice-sized back porch -- ideal for BBQs and entertaining -- along with a spacious backyard that offers room to relax, garden, or host family gatherings. This home, which has been very well-maintained, is currently tenant occupied.

16. 2026-04-22
    price $109,900

    Show marketing remark (1004 chars)

    * * OPEN HOUSE: SATURDAY 3/21 12 p. m. - 2 p. m. * * * Welcome to this charming and well-maintained 3-bedroom, 1-bath home featuring beautiful hardwood floors throughout. From the moment you walk in, you'll appreciate the warmth and comfort this home offers. The spacious kitchen provides plenty of room to cook and gather, complete with a dishwasher for added convenience. All three bedrooms are generously sized with great closet space, offering both comfort and functionality. One of the standout features of this home is the cozy, well-kept fireplace -- perfect for relaxing evenings and adding character to the living space. The full-size basement provides excellent storage space or the potential to finish and expand your living area. Step outside to enjoy the nice-sized back porch -- ideal for BBQs and entertaining -- along with a spacious backyard that offers room to relax, garden, or host family gatherings. This home, which has been very well-maintained, is currently tenant occupied.

17. 2026-03-19
    price $114,900 1002-char remark

    Show marketing remark (1002 chars)

    * * OPEN HOUSE: SATURDAY 3/21 12 p. m. - 2 p. m. * * * Welcome to this charming and well-maintained 3-bedroom, 1-bath home featuring beautiful hardwood floors throughout. From the moment you walk in, you'll appreciate the warmth and comfort this home offers. The spacious kitchen provides plenty of room to cook and gather, complete with a dishwasher for added convenience. All three bedrooms are generously sized with great closet space, offering both comfort and functionality. One of the standout features of this home is the cozy, well-kept fireplace -- perfect for relaxing evenings and adding character to the living space. The full-size basement provides excellent storage space or the potential to finish and expand your living area. Step outside to enjoy the nice-sized back porch -- ideal for BBQs and entertaining -- along with a spacious backyard that offers room to relax, garden, or host family gatherings. This home, which has been very well-maintained, is currently tenant occupied.

18. 2026-03-18
    price $114,900 1004-char remark

    Show marketing remark (1004 chars)

    * * OPEN HOUSE: SATURDAY 3/21 12 p. m. - 2 p. m. * * * Welcome to this charming and well-maintained 3-bedroom, 1-bath home featuring beautiful hardwood floors throughout. From the moment you walk in, you'll appreciate the warmth and comfort this home offers. The spacious kitchen provides plenty of room to cook and gather, complete with a dishwasher for added convenience. All three bedrooms are generously sized with great closet space, offering both comfort and functionality. One of the standout features of this home is the cozy, well-kept fireplace -- perfect for relaxing evenings and adding character to the living space. The full-size basement provides excellent storage space or the potential to finish and expand your living area. Step outside to enjoy the nice-sized back porch -- ideal for BBQs and entertaining -- along with a spacious backyard that offers room to relax, garden, or host family gatherings. This home, which has been very well-maintained, is currently tenant occupied.

19. 2026-03-18
    price $114,900

    Show marketing remark (1004 chars)

    * * OPEN HOUSE: SATURDAY 3/21 12 p. m. - 2 p. m. * * * Welcome to this charming and well-maintained 3-bedroom, 1-bath home featuring beautiful hardwood floors throughout. From the moment you walk in, you'll appreciate the warmth and comfort this home offers. The spacious kitchen provides plenty of room to cook and gather, complete with a dishwasher for added convenience. All three bedrooms are generously sized with great closet space, offering both comfort and functionality. One of the standout features of this home is the cozy, well-kept fireplace -- perfect for relaxing evenings and adding character to the living space. The full-size basement provides excellent storage space or the potential to finish and expand your living area. Step outside to enjoy the nice-sized back porch -- ideal for BBQs and entertaining -- along with a spacious backyard that offers room to relax, garden, or host family gatherings. This home, which has been very well-maintained, is currently tenant occupied.

20. 2026-03-06
    listed $119,000 Active 1004-char remark

    Show marketing remark (1002 chars)

    * * OPEN HOUSE: SATURDAY 3/21 12 p. m. - 2 p. m. * * * Welcome to this charming and well-maintained 3-bedroom, 1-bath home featuring beautiful hardwood floors throughout. From the moment you walk in, you'll appreciate the warmth and comfort this home offers. The spacious kitchen provides plenty of room to cook and gather, complete with a dishwasher for added convenience. All three bedrooms are generously sized with great closet space, offering both comfort and functionality. One of the standout features of this home is the cozy, well-kept fireplace -- perfect for relaxing evenings and adding character to the living space. The full-size basement provides excellent storage space or the potential to finish and expand your living area. Step outside to enjoy the nice-sized back porch -- ideal for BBQs and entertaining -- along with a spacious backyard that offers room to relax, garden, or host family gatherings. This home, which has been very well-maintained, is currently tenant occupied.

21. 2026-03-06
    listed $119,000 Active

    Show marketing remark (1002 chars)

    * * OPEN HOUSE: SATURDAY 3/21 12 p. m. - 2 p. m. * * * Welcome to this charming and well-maintained 3-bedroom, 1-bath home featuring beautiful hardwood floors throughout. From the moment you walk in, you'll appreciate the warmth and comfort this home offers. The spacious kitchen provides plenty of room to cook and gather, complete with a dishwasher for added convenience. All three bedrooms are generously sized with great closet space, offering both comfort and functionality. One of the standout features of this home is the cozy, well-kept fireplace -- perfect for relaxing evenings and adding character to the living space. The full-size basement provides excellent storage space or the potential to finish and expand your living area. Step outside to enjoy the nice-sized back porch -- ideal for BBQs and entertaining -- along with a spacious backyard that offers room to relax, garden, or host family gatherings. This home, which has been very well-maintained, is currently tenant occupied.

22. 2026-03-06
    listed $119,000 Active 1002-char remark

    Show marketing remark (1002 chars)

    * * OPEN HOUSE: SATURDAY 3/21 12 p. m. - 2 p. m. * * * Welcome to this charming and well-maintained 3-bedroom, 1-bath home featuring beautiful hardwood floors throughout. From the moment you walk in, you'll appreciate the warmth and comfort this home offers. The spacious kitchen provides plenty of room to cook and gather, complete with a dishwasher for added convenience. All three bedrooms are generously sized with great closet space, offering both comfort and functionality. One of the standout features of this home is the cozy, well-kept fireplace -- perfect for relaxing evenings and adding character to the living space. The full-size basement provides excellent storage space or the potential to finish and expand your living area. Step outside to enjoy the nice-sized back porch -- ideal for BBQs and entertaining -- along with a spacious backyard that offers room to relax, garden, or host family gatherings. This home, which has been very well-maintained, is currently tenant occupied.

23. 2026-03-04
    historical $119,000 1002-char remark

    Show marketing remark (1002 chars)

    * * OPEN HOUSE: SATURDAY 3/21 12 p. m. - 2 p. m. * * * Welcome to this charming and well-maintained 3-bedroom, 1-bath home featuring beautiful hardwood floors throughout. From the moment you walk in, you'll appreciate the warmth and comfort this home offers. The spacious kitchen provides plenty of room to cook and gather, complete with a dishwasher for added convenience. All three bedrooms are generously sized with great closet space, offering both comfort and functionality. One of the standout features of this home is the cozy, well-kept fireplace -- perfect for relaxing evenings and adding character to the living space. The full-size basement provides excellent storage space or the potential to finish and expand your living area. Step outside to enjoy the nice-sized back porch -- ideal for BBQs and entertaining -- along with a spacious backyard that offers room to relax, garden, or host family gatherings. This home, which has been very well-maintained, is currently tenant occupied.

24. 2026-03-04
    historical $119,000

    Show marketing remark (1002 chars)

    * * OPEN HOUSE: SATURDAY 3/21 12 p. m. - 2 p. m. * * * Welcome to this charming and well-maintained 3-bedroom, 1-bath home featuring beautiful hardwood floors throughout. From the moment you walk in, you'll appreciate the warmth and comfort this home offers. The spacious kitchen provides plenty of room to cook and gather, complete with a dishwasher for added convenience. All three bedrooms are generously sized with great closet space, offering both comfort and functionality. One of the standout features of this home is the cozy, well-kept fireplace -- perfect for relaxing evenings and adding character to the living space. The full-size basement provides excellent storage space or the potential to finish and expand your living area. Step outside to enjoy the nice-sized back porch -- ideal for BBQs and entertaining -- along with a spacious backyard that offers room to relax, garden, or host family gatherings. This home, which has been very well-maintained, is currently tenant occupied.

25. 2025-06-16
    historical $1,420
26. 2025-04-17
    soldstatus $115,000 Closed
27. 2025-04-17
    soldstatus $115,000 Closed
28. 2025-04-12
    status Pending
29. 2025-04-12
    status Pending
30. 2025-03-26
    price $115,000
31. 2025-03-25
    price $115,000
32. 2025-03-20
    price $100,000
33. 2025-03-20
    price $100,000
34. 2025-03-06
    listed $130,000 Active
35. 2025-03-06
    listed $130,000 Active
36. 2025-02-27
    listed $1,420
37. 2020-06-02
    historical
38. 2020-05-11
    status Pending
39. 2020-05-11
    status Pending
40. 2020-05-11
    historical
41. 2020-03-19
    listed $99,000 Active
42. 2020-03-19
    listed $99,000 Active
43. 2020-03-18
    historical
44. 2020-03-18
    historical
45. 2020-03-03
    price $99,000
46. 2020-03-03
    price $99,000
47. 2020-03-02
    status Active
48. 2020-03-02
    status Active
49. 2020-01-24
    historical
50. 2020-01-23
    historical

ⓘ 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: $1,269 · $106/mo
• Projected year-2 tax: $1,481 · $123/mo
• Expected delta: +$212/yr (+$18/mo · 16.7%)

ⓘ 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: $15,620
• − Mortgage interest: −$6,156
• − Property taxes: −$1,269
• − Insurance: −$550
• − Repairs & maintenance: −$1,250
• − Management: −$1,250
• − Depreciation: −$3,197
• Taxable income: $1,949
• Est. tax owed @ 24.0%: −$468
• After-tax cash flow: $3,138/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

+280.3% since first listed

62 events — show timeline

• 2026-04-23 Price Changed $109,900 MiRealSource-MiMLS
• 2026-04-22 Price Changed $109,900 REALCOMP
• 2026-04-22 Price Changed $109,900 SW Michigan MLS
• 2026-03-19 Price Changed $114,900 MiRealSource-MiMLS
• 2026-03-18 Price Changed $114,900 REALCOMP
• 2026-03-18 Price Changed $114,900 SW Michigan MLS
• 2026-03-06 Listed $119,000 REALCOMP
• 2026-03-06 Listed $119,000 SW Michigan MLS
• 2026-03-06 Listed $119,000 MiRealSource-MiMLS
• 2026-03-04 Coming Soon $119,000 MiRealSource-MiMLS
• 2026-03-04 Coming Soon $119,000 SW Michigan MLS
• 2025-06-16 Rental Removed $1,420 PROPERTYWARE
• 2025-04-17 Sold (MLS) $115,000 MiRealSource-MiMLS
• 2025-04-17 Sold (MLS) $115,000 REALCOMP
• 2025-04-12 Pending — MiRealSource-MiMLS
• 2025-04-12 Pending — REALCOMP
• 2025-03-26 Price Changed $115,000 MiRealSource-MiMLS
• 2025-03-25 Price Changed $115,000 REALCOMP
• 2025-03-20 Price Changed $100,000 MiRealSource-MiMLS
• 2025-03-20 Price Changed $100,000 REALCOMP
• 2025-03-06 Listed $130,000 REALCOMP
• 2025-03-06 Listed $130,000 MiRealSource-MiMLS
• 2025-02-27 Listed for Rent $1,420 PROPERTYWARE
• 2020-06-02 Listing Removed — REALCOMP
• 2020-05-11 Pending — MiRealSource-MiMLS
• 2020-05-11 Pending — REALCOMP
• 2020-05-11 Listing Removed — MiRealSource-MiMLS
• 2020-03-19 Listed $99,000 MiRealSource-MiMLS
• 2020-03-19 Listed $99,000 REALCOMP
• 2020-03-18 Listing Removed — REALCOMP
• 2020-03-18 Listing Removed — MiRealSource-MiMLS
• 2020-03-03 Price Changed $99,000 MiRealSource-MiMLS
• 2020-03-03 Price Changed $99,000 REALCOMP
• 2020-03-02 Relisted — MiRealSource-MiMLS
• 2020-03-02 Relisted — REALCOMP
• 2020-01-24 Listing Removed — REALCOMP
• 2020-01-23 Listing Removed — MiRealSource-MiMLS
• 2020-01-11 Listed $105,000 MiRealSource-MiMLS
• 2020-01-11 Listed $105,000 REALCOMP
• 2019-05-09 Listing Removed — REALCOMP
• 2019-05-09 Listing Removed — MiRealSource-MiMLS
• 2019-04-30 Price Changed $25,900 MiRealSource-MiMLS
• 2019-04-30 Price Changed $25,900 REALCOMP
• 2019-04-11 Price Changed $27,900 MiRealSource-MiMLS
• 2019-04-11 Price Changed $27,900 REALCOMP
• 2019-03-15 Price Changed $28,900 MiRealSource-MiMLS
• 2019-03-15 Price Changed $28,900 REALCOMP
• 2019-03-07 Price Changed $29,400 MiRealSource-MiMLS
• 2019-03-06 Price Changed $29,400 REALCOMP
• 2019-03-01 Price Changed $31,400 MiRealSource-MiMLS
• 2019-03-01 Price Changed $31,400 REALCOMP
• 2019-02-21 Price Changed $31,900 MiRealSource-MiMLS
• 2019-02-20 Price Changed $31,900 REALCOMP
• 2019-02-01 Listed $32,900 MiRealSource-MiMLS
• 2019-02-01 Listed $32,900 REALCOMP
• 2002-06-17 Sold (Public Records) $36,500 Public Records
• 2002-03-31 Sold (MLS) $36,900 REALCOMP
• 2002-01-31 Listing Removed — MiRealSource-MiMLS
• 2002-01-24 Listed $38,500 REALCOMP
• 2001-08-16 Listed $52,900 MiRealSource-MiMLS
• 2000-10-30 Sold (Public Records) $44,000 Public Records
• 1997-11-07 Sold (Public Records) $28,896 Public Records

Property tax history

-2.8%/yr

Latest (2025): $1,269 · -37.2% YoY. Source: county tax records.