15251 Wildwood St · Roseville, MI 48066

$155,000

3 bd · 1.0 ba · 1,240 sqft · SingleFamily public records · 16 Days on market

Built 1953 5,663 sqft lot Est $181k · 14% under

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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).

• ARV discount +14.0/15.0
• Cash flow +13.8/30.0
• 1% rule +5.0/10.0
• DSCR +4.2/10.0
• Livability +3.6/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome Home to 15251 Wildwood! This beautifully updated ready ranch sits, on a prime corner lot in Roseville, offering the perfect blend of comfort and peace of mind. The spacious interior features two distinct living areas - including a family room with a cozy fireplace - along with stylish laminate plank flooring, brand-new carpet in the bedrooms, and the ultimate convenience of first-floor laundry. The large kitchen offers ample storage, while the major mechanical updates (new in 2024!) include a new roof, windows, heat, and hot water heater. Outside, enjoy a 1.5-car detached garage, and a large, fenced backyard. Superbly located in the Roseville Community Schools district with quick access to I-696, shopping, and dining, this turnkey gem is a must-see - schedule your showing today!

Key facts

• 5,663 sq ft lot
• 2 garage spots
• Built 1953

Property features AI

Exterior

• Parking: Detached garage with side-facing garage door; Two garage spaces
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One level with ground-level entry
• Construction: Vinyl siding; Slab foundation
• Exterior features: Paved road access; Lot dimensions approximately 53 x 100 x 57 x 97 (about 0.13 acres)

Interior

• Bathrooms: One full bathroom
• Heating & cooling: Baseboard heating; Electric heating; Hot water heating; Natural gas heating; Window air conditioning units
• Interior features: Gas and wood-burning fireplace in the family room; Seven total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $15 ($184/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $153k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#258 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D+, employment D, schools F.
• Roseville Community Schools (suburban): math 11% / reading 24% proficiency, ranked #483 of 540 in MI (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 269 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 1,321 units permitted in Macomb County in 2024 (86 in 5+ unit buildings).
• This rent runs 30% of the median local income ($62k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Macomb County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($153k) is reasonable based on typical stale-listing flexibility.
• 18 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; built in 1953 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $152,675 (1.5% below list)

Questions for the listing agent

1. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.00% ✓
• Cap rate: 6.41%
• Cash-on-cash: 0.43%
• DSCR: 1.02
• GRM: 8.3

CMA / ARV

• ARV (on-the-fly): $181,040
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
27277 Leroy St	0.27mi	3/1.0	1,218 (-2%)	3mo	$187,500	$154	82
26101 Compson St	0.35mi	3/1.0	1,300 (+5%)	0mo	$187,000	$144	76
15738 Frazho Rd	0.51mi	3/1.0	1,131 (-9%)	1mo	$165,000	$146	61
25263 Leach St	0.71mi	2/1.0 (-1)	1,240 (0%)	1mo	$135,500	$109	61
25815 Firwood Ave	0.62mi	3/1.0	1,304 (+5%)	2mo	$150,000	$115	61
27370 Barkman St	0.73mi	3/2.0	1,248 (+1%)	0mo	$224,000	$179	61
27820 Larry St	0.58mi	3/1.5	1,186 (-4%)	4mo	$210,000	$177	60
27577 Larry St	0.44mi	3/1.0	1,388 (+12%)	1mo	$236,000	$170	59
25540 Tecla Ave Ave	0.67mi	3/1.5	1,292 (+4%)	2mo	$175,000	$135	58
27221 Blum St	0.71mi	3/2.5	1,350 (+9%)	1mo	$241,000	$179	45
27155 Blum St	0.71mi	3/1.0	1,068 (-14%)	3mo	$137,000	$128	41
25287 Leach St	0.69mi	2/1.0 (-1)	1,072 (-14%)	1mo	$108,500	$101	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.39% rent growth · sell at horizon

5-year hold

• IRR: -18.9%
• Equity multiple: 0.35×
• Total profit: $-28,011
• Equity at exit: $23,111

10-year hold

• IRR: -18.9%
• Equity multiple: 0.12×
• Total profit: $-38,196
• Equity at exit: $13,402

Cash invested: $43,400 (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 48066

• Rents YoY: 0.4%
• Active inventory: 269
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,557 high
• Mortgage (P&I): −$813
• Tax from tax record: −$337 /mo · $4,046/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$327
• Net cashflow: $15

Break-even live

Break-even rent $1,537

Max offer price $155,000

Occupancy floor 94%

Sensitivity live

Price	-10% $103	-5% $59	+0% $15	+5% $-28	+10% $-72
Rent	-10% $-108	-5% $-46	+0% $15	+5% $77	+10% $138
Rate	-1.0pp $93	-0.5pp $55	base $15	+0.5pp $-25	+1.0pp $-66

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
26711 Lehner St Roseville, MI	3.0	1.0	960	$1,575	$1.64	25d	1	0.11mi
26681 Clancy St Roseville, MI	3.0	1.0	1300	$1,800	$1.38	23d	1	0.16mi
26153 Nagel St Roseville, MI	3.0	1.0	924	$1,500	$1.62	16d	1	0.38mi
26160 Regency Club Dr Warren, MI	1.0–2.0	1.0–1.5	880	$1,698	$1.93	0d	13	0.38mi
26536 Kathy St Roseville, MI	3.0	1.0	1000	$1,499	$1.50	25d	1	0.38mi
27241 Woodmont St Roseville, MI	3.0	1.0	924	$1,550	$1.68	3d	1	0.45mi
26511 Grandmont St Roseville, MI	3.0	1.0	960	$1,495	$1.56	5d	1	0.46mi
25672 Lira Ln Warren, MI	2.0	1.0	831	$1,250	$1.50	19d	1	0.66mi
25202 Firwood Ave Warren, MI	3.0	1.0	1100	$1,350	$1.23	25d	1	0.83mi
25184 Wiseman St Roseville, MI	3.0	1.0	1000	$1,750	$1.75	5d	1	0.86mi
25184 Wiseman St Roseville, MI	3.0	1.0	895	$1,750	$1.96	23d	1	0.86mi
25107 Rosenbusch Blvd Warren, MI	3.0	1.0	903	$1,523	$1.69	16d	1	0.92mi
16840 E Eleven Mile Rd Roseville, MI	2.0	1.0	900	$1,300	$1.44	23d	3	0.92mi
16840 E Eleven Mile Rd Unit 104 Roseville, MI	2.0	1.0	900	$1,200	$1.33	45d	1	0.92mi
16840 E Eleven Mile Rd Roseville, MI	2.0	1.0	900	$1,300	$1.44	25d	3	0.92mi
16840 E Eleven Mile Rd Unit 103 Roseville, MI	2.0	1.0	900	$1,250	$1.39	45d	1	0.92mi
16840 E 11 Mile Rd Unit 109 Roseville, MI	2.0	1.0	900	$1,400	$1.56	45d	1	0.92mi
14926 E 10 Mile Rd Unit 1032312P Warren, MI	2.0	1.0	1291	$5,491	$4.25	0d	1	0.96mi
16944 E 11 Mile Rd Unit C2 Roseville, MI	2.0	1.0	900	$1,295	$1.44	25d	1	0.99mi
13741 McKinley Ave Unit 1032320P Warren, MI	2.0	1.0	839	$4,983	$5.94	0d	1	1.04mi
28232 Floral St Unit 1032343P Roseville, MI	3.0	1.0	1496	$6,419	$4.29	0d	1	1.12mi
29125 Hayes Rd Warren, MI	2.0	1.0	900	$1,395	$1.55	0d	1	1.26mi
16425 12 Mile Rd Roseville, MI	2.0	1.0	800	$1,100	$1.38	23d	1	1.28mi
17392 Tennyson St Roseville, MI	3.0	1.0	900	$1,649	$1.83	3d	1	1.30mi
16579 12 Mile Rd Unit 16579 Roseville, MI	2.0	1.0	850	$1,275	$1.50	45d	1	1.32mi
16577 12 Mile Rd Roseville, MI	2.0	1.0	850	$1,275	$1.50	45d	1	1.32mi
17405 Ivanhoe St Roseville, MI	3.0	1.0	969	$1,600	$1.65	45d	1	1.34mi
13250 De Mott Dr Warren, MI	3.0	1.5	1386	$1,900	$1.37	45d	1	1.35mi
26221 Pinehurst St Roseville, MI	2.0	1.0	1000	$1,200	$1.20	0d	1	1.40mi
26251 Pinehurst St Unit 251d Roseville, MI	2.0	1.0	1000	$1,200	$1.20	45d	1	1.40mi
16651 Twelve Mile Rd Roseville, MI	2.0–3.0	1.5	957	$1,720	$1.80	0d	1	1.40mi
15175 Raphael Ter Warren, MI	3.0	1.5	1250	$1,600	$1.28	14d	1	1.41mi
13006 E 11 Mile Rd Unit 6 Warren, MI	2.0	1.0	850	$1,050	$1.24	45d	1	1.42mi
13006 E 11 Mile Rd Unit 6 Warren, MI	2.0	1.0	850	$1,075	$1.26	16d	1	1.42mi
17639 Oakdale St Roseville, MI	2.0	1.0	812	$1,200	$1.48	45d	1	1.47mi

Listing history 10 events

1. 2026-06-21
   days on market $155,000 Active 16 DOM
2. 2026-06-18
   days on market $155,000 Active 13 DOM
3. 2026-06-17
   days on market $155,000 Active 12 DOM
4. 2026-06-16
   days on market $155,000 Active 11 DOM
5. 2026-06-15
   days on market $155,000 Active 10 DOM
6. 2026-06-13
   days on market $155,000 Active 8 DOM
7. 2026-06-09
   days on market $155,000 Active 4 DOM
8. 2026-06-08
   days on market $155,000 Active 3 DOM
9. 2026-06-07
   remarks 687-char remark
10. 2026-06-07
    listed $155,000 Active 2 DOM

ⓘ 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: $4,046 · $337/mo
• Projected year-2 tax: $4,046 · $337/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 ≥96°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,683
• − Mortgage interest: −$8,682
• − Property taxes: −$4,046
• − Insurance: −$775
• − Repairs & maintenance: −$1,495
• − Management: −$1,495
• − Depreciation: −$4,509
• Taxable loss: −$2,319
• Est. tax savings @ 24.0%: +$557
• After-tax cash flow: $741/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: Roseville Community Schools
• NCES district ID: 2630210
• Math proficiency: 11% ▼ -8.00%
• Reading proficiency: 24% ▼ -7.00%
• Median HH income: $41,590
• Composite: 14.98/100
• National rank: #9363
• State rank: #483 of 540 in MI

Livability — Roseville

• Score: 72/100
• State rank: #258
• US rank: #6400

Category grades

Amenities F Commute A+ Cost of living A+ Crime F Employment D Housing A+ Health & safety D+ User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Roseville, MI
• County: Macomb County · 638,552 people
• City population: 47,123
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 47,123
• Household income: $62,182
• Rent vs Own: 34.4% rent · 65.6% own
• Severe rent burden: 1712.0

Population outlook (Macomb County) Hauer SSP2

• Today (2025): 925,296 people
• By 2030: 948,226 · +2.5%
• By 2040: 983,961 · +6.3%
• By 2050: 1,010,200 · +9.2%
• By 2075: 1,076,222 · +16.3%
• By 2100: 1,077,065 · +16.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (65%)
• Race & ethnicity: White 65% Black 23% Two or more races 7% Hispanic / Latino 4% Asian 2%
• Common ancestry: Romanian 12% Lithuanian 4% Slovak 2%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 2% Russian/Polish/Slavic 1% Other Indo-European 1%

Political lean MEDSL · Macomb

• 2024 margin: R (+13.7) · D 42.2% · R 55.9% · Other 1.9%
• 2008→2024 swing: -22.3pp toward R · 2008: 8.6pp · 2024: -13.7pp
• All cycles: 2024: R+13.7 2020: R+8.1 2016: R+11.6 2012: D+4.0 2008: D+8.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -232.95%
• Current HPI: 217.4171
• Rent YoY: ▲ 0.39%
• 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

+138.8% since first listed

51 events — show timeline

• 2026-06-06 Listed $155,000 REALCOMP
• 2026-06-06 Listed $155,000 MiRealSource-MiMLS
• 2026-06-04 Coming Soon $155,000 MiRealSource-MiMLS
• 2026-03-23 Listing Removed — MiRealSource-MiMLS
• 2026-03-19 Price Changed $155,000 MiRealSource-MiMLS
• 2026-03-19 Price Changed $155,000 REALCOMP
• 2026-02-12 Relisted — MiRealSource-MiMLS
• 2026-02-12 Relisted — REALCOMP
• 2025-12-31 Listing Removed — MiRealSource-MiMLS
• 2025-11-19 Listed $160,000 MiRealSource-MiMLS
• 2025-11-19 Listed $160,000 REALCOMP
• 2025-11-16 Coming Soon — MiRealSource-MiMLS
• 2025-10-18 Listing Removed — REALCOMP
• 2025-10-18 Listing Removed — MiRealSource-MiMLS
• 2025-07-31 Listed $175,000 MiRealSource-MiMLS
• 2025-07-31 Listed $175,000 REALCOMP
• 2025-07-24 Coming Soon — MiRealSource-MiMLS
• 2025-02-04 Listing Removed — REALCOMP
• 2025-02-04 Listing Removed — MiRealSource-MiMLS
• 2025-01-05 Listed $159,999 REALCOMP
• 2025-01-05 Listed $159,999 MiRealSource-MiMLS
• 2025-01-02 Listing Removed — REALCOMP
• 2025-01-02 Listing Removed — MiRealSource-MiMLS
• 2024-10-05 Listed $165,000 MiRealSource-MiMLS
• 2024-10-05 Listed $165,000 REALCOMP
• 2024-10-02 Coming Soon — MiRealSource-MiMLS
• 2024-10-02 Coming Soon — REALCOMP
• 2024-08-27 Listing Removed — MiRealSource-MiMLS
• 2024-08-27 Listing Removed — REALCOMP
• 2024-05-24 Listed $155,000 MiRealSource-MiMLS
• 2024-05-24 Listed $155,000 REALCOMP
• 2024-05-20 Coming Soon — REALCOMP
• 2024-05-20 Coming Soon — MiRealSource-MiMLS
• 2024-04-29 Listing Removed — MiRealSource-MiMLS
• 2024-04-29 Listing Removed — REALCOMP
• 2024-04-14 Price Changed $160,000 MiRealSource-MiMLS
• 2024-04-14 Price Changed $160,000 REALCOMP
• 2024-03-04 Price Changed $167,500 MiRealSource-MiMLS
• 2024-03-04 Price Changed $167,500 REALCOMP
• 2024-02-27 Listed $185,000 MiRealSource-MiMLS
• 2024-02-27 Listed $185,000 REALCOMP
• 2022-12-08 Sold (Public Records) $180,000 Public Records
• 2022-12-06 Sold (MLS) $80,000 MiRealSource-MiMLS
• 2022-12-06 Sold (MLS) $80,000 REALCOMP
• 2022-12-05 Pending — MiRealSource-MiMLS
• 2022-11-29 Contingent — MiRealSource-MiMLS
• 2022-11-26 Price Changed $80,000 MiRealSource-MiMLS
• 2022-11-20 Listed $94,900 MiRealSource-MiMLS
• 2022-11-18 Coming Soon $94,900 MiRealSource-MiMLS
• 2022-11-17 Listed $80,000 REALCOMP
• 1999-10-14 Sold (Public Records) $64,900 Public Records

Property tax history

+9.7%/yr

Latest (2025): $4,046 · +4.3% YoY. Source: county tax records.