3539 Berry Dr · Ash, MI 48117

$48,900

3 bd · 2.0 ba · 1,456 sqft · SingleFamily · 89 Days on market

Built 1999 Good condition 4,356 sqft lot $34/sqft · 55% below area ↓ 2% since listing

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Condition / age +3.8/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located in The Orchards, a desirable gated 55+ senior community, this well-maintained home offers a comfortable open floor plan designed for easy living. The inviting living room provides plenty of space and is open to the formal dining area, which could be combined with the living room to make a massive space. The spacious kitchen has great cabinet space and has an eat in dining area, creating a great space for everyday meals or entertaining. The laundry is conveniently located off the kitchen. The primary suite has a walk in closet. The other bedrooms share a second full bath. This home has seen numerous recent updates, making it move-in ready. Improvements include a new refrigerator and gas stove (2022), new shed (2022), freshly painted interior (2022), new gas hot water heater (2022), and a new storm door (2023). Enjoy all that The Orchards has to offer, including a beautiful clubhouse, an in-ground heated pool, fitness center and additional amenities for visiting family and guests. The buyer must be approved for residency by the community. Lot rent is $710 a month. This is a senior park with age restrictions. Don't miss this opportunity to enjoy low-maintenance living in a welcoming community - schedule your showing today!

Key facts

• Gated community
• Open floor plan
• Spacious kitchen

Tags

• GATED COMMUNITY
• OPEN FLOOR PLAN
• FORMAL DINING AREA
• SPACIOUS KITCHEN
• EAT IN DINING AREA
• WALK IN CLOSET

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $49k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $767 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $49k).
• Recommended offer: $46k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Flat Rock Community Schools (suburban): math 26% / reading 37% proficiency, ranked #326 of 540 in MI (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 40 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 264 units permitted in Monroe County in 2024 (40 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $338 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Monroe County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 89 days — a 6% lower offer ($46k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.

Recommended offer $45,966 (6.0% below list)

Questions for the listing agent

1. It's been on market 89 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 2.86% ✓
• Cap rate: 25.12%
• Cash-on-cash: 67.25%
• DSCR: 3.99
• GRM: 2.9

CMA / ARV

• ARV (median comp): $107,612
• List price: $48,900
• Delta: -54.56%
• Verdict: UNDERPRICED
• Comps: 8 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 66.6%
• Equity multiple: 3.99×
• Total profit: $40,965
• Equity at exit: $7,291

10-year hold

• IRR: 70.8%
• Equity multiple: 8.21×
• Total profit: $98,683
• Equity at exit: $4,228

Cash invested: $13,692 (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 48117

• Active inventory: 40
• Price-to-rent: 2.9×

Monthly cashflow live

• Estimated rent: $1,399 medium
• Mortgage (P&I): −$256
• Tax est. 1.5%: −$61 /mo · $734/yr
• Insurance: −$20
• HOA: −$0
• Vacancy / Maint / Mgmt: −$294
• Net cashflow: $767

Break-even live

Break-even rent $428

Max offer price $48,900

Occupancy floor 40%

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: $12,225
• Closing costs: $1,467
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3211 Will Carleton Rd Flat Rock, MI	3.0	2.0	1391	$1,399	$1.01	1d	1	1.38mi

Listing history 17 events

1. 2026-06-18
   days on market $48,900 Active 89 DOM
2. 2026-06-17
   days on market $48,900 Active 88 DOM
3. 2026-06-16
   days on market $48,900 Active 87 DOM
4. 2026-06-15
   days on market $48,900 Active 86 DOM
5. 2026-06-13
   days on market $48,900 Active 84 DOM
6. 2026-06-09
   days on market $48,900 Active 80 DOM
7. 2026-06-08
   days on market $48,900 Active 79 DOM
8. 2026-06-07
   days on market $48,900 Active 78 DOM
9. 2026-06-04
   days on market $48,900 Active 75 DOM
10. 2026-06-03
    days on market $48,900 Active 74 DOM
11. 2026-06-02
    days on market $48,900 Active 73 DOM
12. 2026-06-01
    days on market $48,900 Active 72 DOM
13. 2026-05-31
    days on market $48,900 Active 71 DOM
14. 2026-05-06
    price $48,900 1247-char remark

    Show marketing remark (1258 chars)

    Located in The Orchards, a desirable gated 55+ senior community, this well-maintained home offers a comfortable open floor plan designed for easy living. The inviting living room provides plenty of space and is open to the formal dining area, which could be combined with the living room to make a massive space. The spacious kitchen has great cabinet space and has an eat in dining area, creating a great space for everyday meals or entertaining. The laundry is conveniently located off the kitchen. The primary suite has a walk in closet. The other bedrooms share a second full bath. This home has seen numerous recent updates, making it move-in ready. Improvements include a new refrigerator and gas stove (2022), new shed (2022), freshly painted interior (2022), new gas hot water heater (2022), and a new storm door (2023). Enjoy all that The Orchards has to offer, including a beautiful clubhouse, an in-ground heated pool, fitness center and additional amenities for visiting family and guests. The buyer must be approved for residency by the community. Lot rent is $710 a month. This is a senior park with age restrictions. Don’t miss this opportunity to enjoy low-maintenance living in a welcoming community—schedule your showing today!

15. 2026-05-06
    price $48,900 1258-char remark

    Show marketing remark (1258 chars)

    Located in The Orchards, a desirable gated 55+ senior community, this well-maintained home offers a comfortable open floor plan designed for easy living. The inviting living room provides plenty of space and is open to the formal dining area, which could be combined with the living room to make a massive space. The spacious kitchen has great cabinet space and has an eat in dining area, creating a great space for everyday meals or entertaining. The laundry is conveniently located off the kitchen. The primary suite has a walk in closet. The other bedrooms share a second full bath. This home has seen numerous recent updates, making it move-in ready. Improvements include a new refrigerator and gas stove (2022), new shed (2022), freshly painted interior (2022), new gas hot water heater (2022), and a new storm door (2023). Enjoy all that The Orchards has to offer, including a beautiful clubhouse, an in-ground heated pool, fitness center and additional amenities for visiting family and guests. The buyer must be approved for residency by the community. Lot rent is $710 a month. This is a senior park with age restrictions. Don’t miss this opportunity to enjoy low-maintenance living in a welcoming community—schedule your showing today!

16. 2026-03-21
    listed $49,900 Active 1247-char remark

    Show marketing remark (1258 chars)

    Located in The Orchards, a desirable gated 55+ senior community, this well-maintained home offers a comfortable open floor plan designed for easy living. The inviting living room provides plenty of space and is open to the formal dining area, which could be combined with the living room to make a massive space. The spacious kitchen has great cabinet space and has an eat in dining area, creating a great space for everyday meals or entertaining. The laundry is conveniently located off the kitchen. The primary suite has a walk in closet. The other bedrooms share a second full bath. This home has seen numerous recent updates, making it move-in ready. Improvements include a new refrigerator and gas stove (2022), new shed (2022), freshly painted interior (2022), new gas hot water heater (2022), and a new storm door (2023). Enjoy all that The Orchards has to offer, including a beautiful clubhouse, an in-ground heated pool, fitness center and additional amenities for visiting family and guests. The buyer must be approved for residency by the community. Lot rent is $710 a month. This is a senior park with age restrictions. Don’t miss this opportunity to enjoy low-maintenance living in a welcoming community—schedule your showing today!

17. 2026-03-21
    listed $49,900 Active 1258-char remark

    Show marketing remark (1258 chars)

    Located in The Orchards, a desirable gated 55+ senior community, this well-maintained home offers a comfortable open floor plan designed for easy living. The inviting living room provides plenty of space and is open to the formal dining area, which could be combined with the living room to make a massive space. The spacious kitchen has great cabinet space and has an eat in dining area, creating a great space for everyday meals or entertaining. The laundry is conveniently located off the kitchen. The primary suite has a walk in closet. The other bedrooms share a second full bath. This home has seen numerous recent updates, making it move-in ready. Improvements include a new refrigerator and gas stove (2022), new shed (2022), freshly painted interior (2022), new gas hot water heater (2022), and a new storm door (2023). Enjoy all that The Orchards has to offer, including a beautiful clubhouse, an in-ground heated pool, fitness center and additional amenities for visiting family and guests. The buyer must be approved for residency by the community. Lot rent is $710 a month. This is a senior park with age restrictions. Don’t miss this opportunity to enjoy low-maintenance living in a welcoming community—schedule your showing today!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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

Taxation est. · year 1

• Rental income: $16,788
• − Mortgage interest: −$2,739
• − Property taxes: −$734
• − Insurance: −$244
• − Repairs & maintenance: −$1,343
• − Management: −$1,343
• − Depreciation: −$1,423
• Taxable income: $8,962
• Est. tax owed @ 24.0%: −$2,151
• After-tax cash flow: $7,056/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab

This move-in ready home in a desirable gated community offers a good condition with recent updates, making it an attractive option for both resale and rental.

Value-add opportunities

• Both Paint touch-ups — Fresh paint enhances curb appeal and interior aesthetics.
• Both Replace worn-out carpet — New carpet improves comfort and adds value to the home.

Renovation cost estimate screening

Value-add ROI direction

• Both Paint touch-ups — Fresh paint enhances curb appeal and interior aesthetics. ↑
• Both Replace worn-out carpet — New carpet improves comfort and adds value to the home. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Flat Rock Community Schools
• NCES district ID: 2607080
• Math proficiency: 26% ▼ -7.00%
• Reading proficiency: 37% ▼ -2.00%
• Median HH income: $55,015
• Composite: 27.89/100
• National rank: #6871
• State rank: #326 of 540 in MI

Livability — Ash

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Population (ZIP): 10,199

Population outlook (Monroe County) Hauer SSP2

• Today (2025): 144,439 people
• By 2030: 140,033 · -3.1%
• By 2040: 128,408 · -11.1%
• By 2050: 115,024 · -20.4%
• By 2075: 87,273 · -39.6%
• By 2100: 63,110 · -56.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Two or more races 4% Hispanic / Latino 3% Black 2%
• Common ancestry: Romanian 10% Lithuanian 6% Italian 2%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Monroe

• 2024 margin: Strong R (+27.1) · D 35.7% · R 62.9% · Other 1.4%
• 2008→2024 swing: -31.5pp toward R · 2008: 4.3pp · 2024: -27.1pp
• All cycles: 2024: R+27.1 2020: R+22.6 2016: R+22.1 2012: D+1.0 2008: D+4.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -150.05%
• Current HPI: 172.9092
• Rent YoY: —
• Metro: —
• 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

-2.0% since first listed

4 events — show timeline

• 2026-05-06 Price Changed $48,900 MiRealSource-MiMLS
• 2026-05-06 Price Changed $48,900 REALCOMP
• 2026-03-21 Listed $49,900 REALCOMP
• 2026-03-21 Listed $49,900 MiRealSource-MiMLS