9080 Stahelin Ave · Detroit, MI 48228

$92,000

3 bd · 1.0 ba · 912 sqft · SingleFamily public records · 101 Days on market

Built 1944 4,792 sqft lot $101/sqft · 83% 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 +29.4/30.0
• DSCR +10.0/10.0
• 1% rule +8.3/10.0
• ARV discount +7.5/15.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Solid brick 3-bedroom, 1-bath investment property with basement and garage located in Detroit. Property offers approximately 912 sq ft of living space and is currently tenant-occupied under a Section 8 lease generating $1,200/month in rental income. Do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer. BATVAI.

Key facts

• 4,792 sq ft lot
• Garage
• Built 1944

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $92k.

Deal economics

• At list price, monthly cash flow is $328 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $92k).
• Recommended offer: $84k (9.0% 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 soft (-2.3%/yr); 363 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 63% 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).
• At $1,221/mo this rent would consume 48% of the median local household income ($31k/yr) (locally 4144% 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 $636 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 101 days — a 9% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 20y 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: built in 1944 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $83,720 (9.0% below list)

Questions for the listing agent

1. It's been on market 101 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1944 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
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: 1.33% ✓
• Cap rate: 10.57%
• Cash-on-cash: 15.26%
• DSCR: 1.68
• GRM: 6.3

CMA / ARV

• ARV (median comp): $50,207
• List price: $92,000
• Delta: 83.24%
• 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
8630 Greenview Ave	0.32mi	3/1.0	924 (+1%)	3mo	$50,000	$54	81
8686 Artesian St	0.25mi	3/1.0	864 (-5%)	2mo	$35,000	$41	78
9109 Stahelin Ave	0.04mi	2/1.0 (-1)	836 (-8%)	3mo	$25,000	$30	77
9221 Grandville Ave	0.29mi	3/1.0	971 (+6%)	2mo	$135,000	$139	74
8651 Brace Street St	0.28mi	3/1.0	987 (+8%)	2mo	$60,000	$61	72
9317 Artesian St	0.21mi	2/1.0 (-1)	994 (+9%)	1mo	$25,000	$25	69
8309 Brace St	0.47mi	3/1.5	864 (-5%)	1mo	$28,500	$33	66
8225 Grandville Ave	0.62mi	2/1.0 (-1)	906 (-1%)	2mo	$36,500	$40	64
8449 Penrod St	0.46mi	3/1.0	1,011 (+11%)	0mo	$95,000	$94	61
9934 Warwick St	0.51mi	3/1.0	1,018 (+12%)	2mo	$70,000	$69	55
8271 Rosemont Ave	0.58mi	2/1.0 (-1)	1,000 (+10%)	2mo	$35,500	$36	50
9244 Heyden	0.69mi	2/1.0 (-1)	801 (-12%)	0mo	$35,000	$44	42

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 2.5%
• Equity multiple: 1.09×
• Total profit: $2,398
• Equity at exit: $13,717

10-year hold

• IRR: 8.9%
• Equity multiple: 1.59×
• Total profit: $15,206
• Equity at exit: $7,954

Cash invested: $25,760 (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 48228

• Rents YoY: -2.3%
• Active inventory: 363
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $1,221 high
• Mortgage (P&I): −$482
• Tax from tax record: −$116 /mo · $1,390/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$256
• Net cashflow: $328

Break-even live

Break-even rent $806

Max offer price $92,000

Occupancy floor 68%

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: $23,000
• Closing costs: $2,760
• Reserves months: —
• Total cash needed: —

Rent comps 38 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9090 Stahelin Ave Detroit, MI	2.0	1.0	787	$1,250	$1.59	43d	1	0.02mi
18450 W Chicago Detroit, MI	1.0–2.0	1.0	687	$1,117	$1.62	1d	15	0.35mi
19301 Joy Rd Apt 1 Detroit, MI	2.0	1.0	750	$1,100	$1.47	43d	1	0.36mi
8850 Rosemont Ave Detroit, MI	3.0	1.0	933	$1,100	$1.18	17d	1	0.36mi
19449 W Chicago St Detroit, MI	3.0	1.5	950	$1,500	$1.58	43d	1	0.44mi
8451 Rosemont Ave Detroit, MI	3.0	1.0	867	$1,150	$1.33	43d	1	0.51mi
9108 Archdale St Detroit, MI	3.0	1.0	1000	$1,300	$1.30	4d	1	0.51mi
8262 Rosemont Ave Detroit, MI	3.0	1.0	836	$1,200	$1.44	4d	1	0.62mi
8283 Vaughan St Detroit, MI	3.0	1.0	1058	$1,294	$1.22	4d	1	0.82mi
9401 Fielding St Detroit, MI	2.0	1.0	1000	$900	$0.90	43d	1	0.88mi
20529 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	43d	1	0.88mi
11704 Greenview Ave Detroit, MI	4.0	1.0	1046	$1,300	$1.24	24d	1	0.89mi
20522 W Chicago Detroit, MI	2.0	1.0	1000	$950	$0.95	43d	1	0.89mi
9410 Patton St Detroit, MI	2.0	1.0	1000	$900	$0.90	43d	1	0.89mi
20541 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	43d	1	0.89mi
20545 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	43d	1	0.89mi
20547 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	43d	1	0.90mi
9404 Patton St Detroit, MI	2.0	1.0	1000	$900	$0.90	43d	1	0.90mi
20550 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	43d	1	0.90mi
20619 W Chicago Detroit, MI	2.0	1.0	950	$1,200	$1.26	43d	1	0.93mi
11741 Penrod St Detroit, MI	3.0	1.0	1124	$1,400	$1.25	16d	1	0.94mi
7794 Vaughan St Detroit, MI	3.0	1.0	1000	$1,450	$1.45	16d	1	0.99mi
20431 Tireman St Detroit, MI	3.0	1.0	1020	$1,350	$1.32	17d	1	1.07mi
9059 Burt Rd Detroit, MI	3.0	1.0	980	$1,400	$1.43	43d	1	1.07mi
7635 Evergreen Ave Detroit, MI	3.0	1.0	690	$1,350	$1.96	43d	1	1.09mi
20921 W Chicago Detroit, MI	2.0	1.0	1000	$950	$0.95	43d	1	1.12mi
20935 W Chicago Detroit, MI	2.0	1.0	1000	$900	$0.90	43d	1	1.14mi
20937 W Chicago Detroit, MI	2.0	1.0	1000	$950	$0.95	43d	1	1.14mi
20945 W Chicago Detroit, MI	2.0	1.0	1000	$950	$0.95	43d	1	1.15mi
9416 Trinity St Detroit, MI	2.0	1.0	1000	$950	$0.95	43d	1	1.15mi
9345 Rutherford St Unit 3 Detroit, MI	2.0	1.0	850	$1,050	$1.24	24d	1	1.15mi
11652 Fielding St Detroit, MI	3.0	1.0	1000	$1,386	$1.39	43d	1	1.15mi
12084 Vaughan St Detroit, MI	3.0	1.0	1000	$1,200	$1.20	16d	1	1.17mi
8270 Trinity St Detroit, MI	3.0	1.0	806	$1,528	$1.90	43d	1	1.23mi
7411 Stout St Detroit, MI	3.0	1.0	888	$1,428	$1.61	12d	1	1.26mi
9222 Forrer St Detroit, MI	3.0	1.0	947	$1,450	$1.53	16d	1	1.28mi
9936 Montrose St Detroit, MI	3.0	1.0	963	$1,200	$1.25	16d	1	1.40mi
9973 Winthrop St Detroit, MI	3.0	1.0	960	$1,400	$1.46	43d	1	1.45mi

Listing history 31 events

1. 2026-06-18
   days on market $92,000 Active 101 DOM
2. 2026-06-17
   days on market $92,000 Active 100 DOM
3. 2026-06-15
   days on market $92,000 Active 98 DOM
4. 2026-06-13
   days on market $92,000 Active 96 DOM
5. 2026-06-13
   days on market $92,000 Active 95 DOM
6. 2026-06-09
   days on market $92,000 Active 92 DOM
7. 2026-06-08
   days on market $92,000 Active 91 DOM
8. 2026-06-07
   days on market $92,000 Active 90 DOM
9. 2026-06-04
   days on market $92,000 Active 87 DOM
10. 2026-06-03
    days on market $92,000 Active 86 DOM
11. 2026-06-01
    days on market $92,000 Active 84 DOM
12. 2026-05-31
    days on market $92,000 Active 83 DOM
13. 2026-03-09
    listed $92,000 Active 349-char remark

    Show marketing remark (349 chars)

    Solid brick 3-bedroom, 1-bath investment property with basement and garage located in Detroit. Property offers approximately 912 sq ft of living space and is currently tenant-occupied under a Section 8 lease generating $1,200/month in rental income. Do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer. BATVAI.

14. 2026-03-09
    listed $92,000 Active 349-char remark

    Show marketing remark (349 chars)

    Solid brick 3-bedroom, 1-bath investment property with basement and garage located in Detroit. Property offers approximately 912 sq ft of living space and is currently tenant-occupied under a Section 8 lease generating $1,200/month in rental income. Do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer. BATVAI.

15. 2026-03-09
    listed $92,000 Active

    Show marketing remark (349 chars)

    Solid brick 3-bedroom, 1-bath investment property with basement and garage located in Detroit. Property offers approximately 912 sq ft of living space and is currently tenant-occupied under a Section 8 lease generating $1,200/month in rental income. Do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer. BATVAI.

16. 2022-03-09
    soldstatus $87,000
17. 2022-02-15
    soldstatus $87,000
18. 2008-09-22
    soldstatus $7,500
19. 2008-09-22
    soldstatus $7,500
20. 2008-09-15
    historical
21. 2008-07-28
    listed $8,000
22. 2008-07-28
    listed $8,000
23. 2007-09-13
    historical
24. 2007-07-09
    listed $75,900
25. 2007-07-09
    historical
26. 2007-03-06
    listed $79,900
27. 2006-12-16
    historical
28. 2006-10-18
    historical
29. 2006-06-15
    listed $119,900
30. 2006-06-15
    listed $119,900
31. 2003-06-24
    soldstatus $85,000

ⓘ 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: $1,390 · $116/mo
• Projected year-2 tax: $1,404 · $117/mo
• Expected delta: +$13/yr (+$1/mo · 0.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 14% 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

Taxation est. · year 1

• Rental income: $14,647
• − Mortgage interest: −$5,153
• − Property taxes: −$1,390
• − Insurance: −$460
• − Repairs & maintenance: −$1,172
• − Management: −$1,172
• − Depreciation: −$2,676
• Taxable income: $2,623
• Est. tax owed @ 24.0%: −$630
• After-tax cash flow: $3,301/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): 50,117
• Household income: $30,680
• Rent vs Own: 50.7% rent · 49.3% own
• Severe rent burden: 4144.0

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 (71%)
• Race & ethnicity: Black 71% White 16% Two or more races 7% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Arab 2% Romanian 2% Lithuanian 1%
• Foreign-born: 11% · Canada
• Languages at home: 82% English-only · Arabic 11% Spanish 5%

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: ▼ -160.81%
• Current HPI: 168.6843
• Rent YoY: ▼ -2.30%
• 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

+8.2% since first listed

19 events — show timeline

• 2026-03-09 Listed $92,000 REALCOMP
• 2026-03-09 Listed $92,000 MiRealSource-MiMLS
• 2026-03-09 Listed $92,000 SW Michigan MLS
• 2022-03-09 Sold (Public Records) $87,000 Public Records
• 2022-02-15 Sold (Public Records) $87,000 Public Records
• 2008-09-22 Sold (MLS) $7,500 MiRealSource-MiMLS
• 2008-09-22 Sold (MLS) $7,500 REALCOMP
• 2008-09-15 Listing Removed — MiRealSource-MiMLS
• 2008-07-28 Listed $8,000 MiRealSource-MiMLS
• 2008-07-28 Listed $8,000 REALCOMP
• 2007-09-13 Listing Removed — REALCOMP
• 2007-07-09 Listing Removed — REALCOMP
• 2007-07-09 Listed $75,900 REALCOMP
• 2007-03-06 Listed $79,900 REALCOMP
• 2006-12-16 Listing Removed — MiRealSource-MiMLS
• 2006-10-18 Listing Removed — REALCOMP
• 2006-06-15 Listed $119,900 REALCOMP
• 2006-06-15 Listed $119,900 MiRealSource-MiMLS
• 2003-06-24 Sold (Public Records) $85,000 Public Records

Property tax history

-1.6%/yr

Latest (2025): $1,390 · -37.3% YoY. Source: county tax records.