26637 Wenfield St · Roseville, MI 48066

$128,000

2 bd · 1.0 ba · 945 sqft · SingleFamily public records · 6 Days on market

Built 1925 8,712 sqft lot Est $125k · at est.

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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).

• Cash flow +16.3/30.0
• ARV discount +6.3/15.0
• 1% rule +5.6/10.0
• DSCR +5.0/10.0
• 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

OPEN HOUSE SUNDAY 12:00 to 1:00pm - Check This Little Cutie Out!!! This Home is Freshly Painted with New Carpet and Ready for you to Move Right In!!! This Two Bedroom Sits on a Nice Sized Property Perfect for Entertaining and Family Fun. Perfect for a First Time Home Buyer or Even for Someone Looking to Downsize. Schedule your appointment to See this Beauty.

Key facts

• 8,712 sq ft lot
• 2 garage spots
• Built 1925

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $128k.

Deal economics

• At list price, monthly cash flow is $70 ($840/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $128k).

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, crime 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.
• Zoned schools: Roseville High School (math 12% / reading 27%, grade F, #622 of 713 statewide, top 88%, 1,216 students, 70% FRL).
• Market conditions: Rents flat; 269 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 1,321 units permitted in Macomb County in 2024 (86 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $885 of loan paydown is wiped out by about $4k 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

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 7y 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.
• Current owner paid $45k; list at $128k implies a 184% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; built in 1925 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $128,000

Questions for the listing agent

1. Built in 1925 — 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: 1.06% ✓
• Cap rate: 6.95%
• Cash-on-cash: 2.34%
• DSCR: 1.10
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $124,740
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
26637 Wenfield St	0.00mi	2/1.0	945 (0%)	1mo	$122,000	$129	99
26234 Woodmont St	0.37mi	3/1.0 (+1)	960 (+2%)	1mo	$124,000	$129	74
26621 Kathy St	0.38mi	3/1.0 (+1)	924 (-2%)	0mo	$155,900	$169	74
27320 Grandmont St	0.43mi	3/1.0 (+1)	924 (-2%)	2mo	$160,000	$173	70
27241 Woodmont St	0.45mi	3/1.0 (+1)	924 (-2%)	2mo	$122,000	$132	69
27321 Grandmont St	0.45mi	3/1.0 (+1)	924 (-2%)	3mo	$107,500	$116	68
26153 Nagel St	0.48mi	3/1.0 (+1)	924 (-2%)	2mo	$101,000	$109	67
26501 Clancy St	0.56mi	3/1.0 (+1)	924 (-2%)	4mo	$154,900	$168	62
26710 Lehner St	0.58mi	3/1.0 (+1)	924 (-2%)	3mo	$180,000	$195	62
27155 Blum St	0.26mi	3/1.0 (+1)	1,068 (+13%)	3mo	$137,000	$128	58
17392 Tennyson St	0.73mi	3/1.0 (+1)	896 (-5%)	2mo	$75,000	$84	50
27732 Demrick St	0.71mi	3/1.0 (+1)	1,030 (+9%)	2mo	$191,000	$185	45

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: -15.8%
• Equity multiple: 0.45×
• Total profit: $-19,652
• Equity at exit: $19,085

10-year hold

• IRR: -13.5%
• Equity multiple: 0.32×
• Total profit: $-24,475
• Equity at exit: $11,067

Cash invested: $35,840 (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: 7.9×

Monthly cashflow live

• Estimated rent: $1,351 high
• Mortgage (P&I): −$671
• Tax from tax record: −$273 /mo · $3,272/yr
• Insurance: −$53
• HOA: −$0
• Vacancy / Maint / Mgmt: −$284
• Net cashflow: $70

Break-even live

Break-even rent $1,262

Max offer price $128,000

Occupancy floor 90%

Sensitivity live

Price	-10% $142	-5% $106	+0% $70	+5% $34	+10% $-2
Rent	-10% $-37	-5% $17	+0% $70	+5% $123	+10% $177
Rate	-1.0pp $134	-0.5pp $103	base $70	+0.5pp $37	+1.0pp $3

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: $32,000
• Closing costs: $3,840
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16840 E Eleven Mile Rd Unit 103 Roseville, MI	2.0	1.0	900	$1,250	$1.39	45d	1	0.25mi
16840 E 11 Mile Rd Unit 109 Roseville, MI	2.0	1.0	900	$1,400	$1.56	45d	1	0.25mi
16840 E Eleven Mile Rd Roseville, MI	2.0	1.0	900	$1,300	$1.44	23d	3	0.25mi
16840 E Eleven Mile Rd Roseville, MI	2.0	1.0	900	$1,300	$1.44	26d	3	0.25mi
16840 E Eleven Mile Rd Unit 104 Roseville, MI	2.0	1.0	900	$1,200	$1.33	45d	1	0.25mi
26511 Grandmont St Roseville, MI	3.0	1.0	960	$1,495	$1.56	6d	1	0.28mi
16944 E 11 Mile Rd Unit C2 Roseville, MI	2.0	1.0	900	$1,295	$1.44	26d	1	0.31mi
26536 Kathy St Roseville, MI	3.0	1.0	1000	$1,499	$1.50	26d	1	0.36mi
27241 Woodmont St Roseville, MI	3.0	1.0	924	$1,550	$1.68	3d	1	0.46mi
26153 Nagel St Roseville, MI	3.0	1.0	924	$1,500	$1.62	16d	1	0.48mi
17455 Wildwood St Roseville, MI	1.0	1.0	800	$975	$1.22	26d	1	0.53mi
26711 Lehner St Roseville, MI	3.0	1.0	960	$1,575	$1.64	26d	1	0.61mi
26291 Pinehurst St Unit 291c Roseville, MI	1.0	1.0	800	$1,025	$1.28	45d	1	0.68mi
26221 Pinehurst St Roseville, MI	2.0	1.0	1000	$1,200	$1.20	1d	1	0.68mi
26251 Pinehurst St Unit 251d Roseville, MI	2.0	1.0	1000	$1,200	$1.20	45d	1	0.68mi
17491 Allen St Unit 17491 Allen Roseville, MI	1.0	1.0	900	$1,050	$1.17	6d	1	0.68mi
17392 Tennyson St Roseville, MI	3.0	1.0	900	$1,649	$1.83	4d	1	0.73mi
17405 Ivanhoe St Roseville, MI	3.0	1.0	969	$1,600	$1.65	45d	1	0.80mi
27415 Gratiot Ave Unit 1 Roseville, MI	1.0	1.0	1050	$1,250	$1.19	19d	1	0.87mi
17639 Oakdale St Roseville, MI	2.0	1.0	812	$1,200	$1.48	46d	1	0.87mi
25184 Wiseman St Roseville, MI	3.0	1.0	895	$1,750	$1.96	23d	1	0.91mi
25184 Wiseman St Roseville, MI	3.0	1.0	1000	$1,750	$1.75	5d	1	0.91mi
26160 Regency Club Dr Warren, MI	1.0–2.0	1.0–1.5	880	$1,698	$1.93	0d	13	0.96mi
28368 Rosemont St Roseville, MI	2.0	1.0	696	$1,500	$2.16	23d	1	1.00mi
18308 Mesle St Unit 1032362P Roseville, MI	1.0	1.0	742	$3,072	$4.14	6d	1	1.10mi
27850 Gratiot Ave Unit 1032354P Roseville, MI	1.0	1.0	742	$3,573	$4.82	0d	1	1.11mi
18340 Mesle St Unit 1032351P Roseville, MI	1.0	1.0	742	$3,333	$4.49	1d	1	1.12mi
18355 Mesle St Unit 1032347P Roseville, MI	1.0	1.0	742	$3,886	$5.24	0d	1	1.15mi
18377 Sharon Ln Unit 1032363P Roseville, MI	1.0	1.0	742	$3,323	$4.48	0d	1	1.16mi
18377 Sharon Ln Unit 1032361P Roseville, MI	1.0	1.0	742	$3,409	$4.59	0d	1	1.16mi
18389 Sharon Ln Unit 1032350P Roseville, MI	1.0	1.0	742	$3,391	$4.57	0d	1	1.17mi
18365 Sharon Ln Unit 1032339P Roseville, MI	1.0	1.0	742	$3,324	$4.48	0d	1	1.19mi
18365 Sharon Ln Unit 1032367P Roseville, MI	1.0	1.0	796	$3,573	$4.49	16d	1	1.19mi
25672 Lira Ln Warren, MI	2.0	1.0	831	$1,250	$1.50	19d	1	1.19mi
18423 Sharon Ln Unit 1032349P Roseville, MI	1.0	1.0	742	$3,210	$4.33	3d	1	1.19mi
18423 Sharon Ln Unit 1032353P Roseville, MI	1.0	1.0	742	$3,422	$4.61	0d	1	1.19mi
28744 Maple St Roseville, MI	3.0	1.0	1050	$1,295	$1.23	45d	1	1.20mi
18431 Sharon Ln Unit 1032346P Roseville, MI	1.0	1.0	742	$3,695	$4.98	16d	1	1.20mi
18443 Sharon Ln Unit 1032345P Roseville, MI	1.0	1.0	742	$3,168	$4.27	0d	1	1.21mi
18447 Sharon Ln Unit 1032337P Roseville, MI	1.0	1.0	742	$3,468	$4.67	18d	1	1.21mi

Listing history 14 events

1. 2026-04-24
   status Pending

   Show marketing remark (364 chars)

   OPEN HOUSE SUNDAY 12:00 to 1:00pm - Check This Little Cutie Out!!! This Home is Freshly Painted with New Carpet and Ready for you to Move Right In!!! This Two Bedroom Sits on a Nice Sized Property Perfect for Entertaining and Family Fun. Perfect for a First Time Home Buyer or Even for Someone Looking to Downsize. Schedule your appointment to See this Beauty.

2. 2026-04-24
   status Pending 364-char remark

   Show marketing remark (364 chars)

   OPEN HOUSE SUNDAY 12:00 to 1:00pm - Check This Little Cutie Out!!! This Home is Freshly Painted with New Carpet and Ready for you to Move Right In!!! This Two Bedroom Sits on a Nice Sized Property Perfect for Entertaining and Family Fun. Perfect for a First Time Home Buyer or Even for Someone Looking to Downsize. Schedule your appointment to See this Beauty.

3. 2026-04-18
   listed $128,000 Active

   Show marketing remark (364 chars)

   OPEN HOUSE SUNDAY 12:00 to 1:00pm - Check This Little Cutie Out!!! This Home is Freshly Painted with New Carpet and Ready for you to Move Right In!!! This Two Bedroom Sits on a Nice Sized Property Perfect for Entertaining and Family Fun. Perfect for a First Time Home Buyer or Even for Someone Looking to Downsize. Schedule your appointment to See this Beauty.

4. 2026-04-18
   listed $128,000 Active 364-char remark

   Show marketing remark (364 chars)

   OPEN HOUSE SUNDAY 12:00 to 1:00pm - Check This Little Cutie Out!!! This Home is Freshly Painted with New Carpet and Ready for you to Move Right In!!! This Two Bedroom Sits on a Nice Sized Property Perfect for Entertaining and Family Fun. Perfect for a First Time Home Buyer or Even for Someone Looking to Downsize. Schedule your appointment to See this Beauty.

5. 2026-04-17
   historical $128,000 364-char remark

   Show marketing remark (364 chars)

   OPEN HOUSE SUNDAY 12:00 to 1:00pm - Check This Little Cutie Out!!! This Home is Freshly Painted with New Carpet and Ready for you to Move Right In!!! This Two Bedroom Sits on a Nice Sized Property Perfect for Entertaining and Family Fun. Perfect for a First Time Home Buyer or Even for Someone Looking to Downsize. Schedule your appointment to See this Beauty.

6. 2019-11-01
   soldstatus $45,000
7. 2019-10-25
   soldstatus $38,000 76-char remark

   Show marketing remark (76 chars)

   Investor Special or for first time home buyer. Home needs TLC. Show and Sell

8. 2019-10-25
   soldstatus $38,000 Closed

   Show marketing remark (76 chars)

   Investor Special or for first time home buyer. Home needs TLC. Show and Sell

9. 2019-09-28
   status Pending
10. 2019-09-20
    price $49,900
11. 2019-08-19
    price $57,500
12. 2019-08-13
    listed $49,900 76-char remark

    Show marketing remark (76 chars)

    Investor Special or for first time home buyer. Home needs TLC. Show and Sell

13. 2019-08-13
    listed $63,900 Active

    Show marketing remark (76 chars)

    Investor Special or for first time home buyer. Home needs TLC. Show and Sell

14. 1980-09-01
    soldstatus $36,900

ⓘ 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: $3,272 · $273/mo
• Projected year-2 tax: $3,272 · $273/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: $16,211
• − Mortgage interest: −$7,170
• − Property taxes: −$3,272
• − Insurance: −$640
• − Repairs & maintenance: −$1,297
• − Management: −$1,297
• − Depreciation: −$3,724
• Taxable loss: −$1,188
• Est. tax savings @ 24.0%: +$285
• After-tax cash flow: $1,125/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

+246.9% since first listed

14 events — show timeline

• 2026-04-24 Pending — REALCOMP
• 2026-04-24 Pending — MiRealSource-MiMLS
• 2026-04-18 Listed $128,000 REALCOMP
• 2026-04-18 Listed $128,000 MiRealSource-MiMLS
• 2026-04-17 Coming Soon $128,000 MiRealSource-MiMLS
• 2019-11-01 Sold (Public Records) $45,000 Public Records
• 2019-10-25 Sold (MLS) $38,000 MiRealSource-MiMLS
• 2019-10-25 Sold (MLS) $38,000 REALCOMP
• 2019-09-28 Pending — MiRealSource-MiMLS
• 2019-09-20 Price Changed $49,900 MiRealSource-MiMLS
• 2019-08-19 Price Changed $57,500 MiRealSource-MiMLS
• 2019-08-13 Listed $63,900 MiRealSource-MiMLS
• 2019-08-13 Listed $49,900 REALCOMP
• 1980-09-01 Sold (Public Records) $36,900 Public Records

Property tax history

+9.6%/yr

Latest (2025): $3,272 · +4.0% YoY. Source: county tax records.