11632 Laing St · Detroit, MI 48224

$110,000

3 bd · 1.0 ba · 1,272 sqft · SingleFamily public records · 27 Days on market

Built 1939 4,792 sqft lot Est $98k · 12% over

---

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 +23.8/30.0
• DSCR +7.7/10.0
• 1% rule +7.2/10.0
• Livability +3.7/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• ARV discount +2.0/15.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Turnkey investment opportunity with immediate income in place! 11632 Laing St is being offered tenant occupied with an established tenant currently paying $1,150 per month under a 1-year lease, providing dependable cash flow from closing. The property has received minor improvements and repairs, with updates focused primarily on mechanical components, contributing to ongoing maintenance and operation. An excellent opportunity for investors seeking to add a performing asset to their portfolio. Out of respect for tenant privacy, please do not disturb occupants. All showings and inspections will be permitted upon accepted offer only. Buyer to assume existing lease agreement and honor current lease terms. Property to be sold AS-IS.

Key facts

• 4,792 sq ft lot
• Built 1939
• Listed 27 days

Property features AI

Exterior

• Parking: No garage
• Utilities: Public water; Public sewer; Sewer and water available
• Home design: Single-family residence; Two levels; Ground-level entry with steps; Brick exterior
• Construction: Block foundation
• Exterior features: Paved road access; Lot roughly 40 x 122 (0.11 acre)

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Electric, forced air and natural gas heating; No cooling
• Interior features: Unfinished basement

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 $212 ($3k/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 flat; 484 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); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 36% of the median local income ($45k/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 $761 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 27 days — a 2% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
• 32 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.
• Current owner paid $84k; 32% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1939 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $108,350 (1.5% below list)

Questions for the listing agent

1. Built in 1939 — 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: 1.22% ✓
• Cap rate: 8.61%
• Cash-on-cash: 8.27%
• DSCR: 1.37
• GRM: 6.8

CMA / ARV

• ARV (on-the-fly): $97,944
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11742 Whitehill St	0.16mi	3/1.5	1,228 (-4%)	1mo	$61,000	$50	84
15411 Young St St	0.32mi	3/1.5	1,240 (-2%)	2mo	$95,000	$77	78
11323 Lansdowne St	0.11mi	3/1.5	1,397 (+10%)	2mo	$133,282	$95	75
15469 Troester St	0.41mi	3/1.0	1,375 (+8%)	1mo	$60,000	$44	66
11336 Courville St	0.35mi	3/1.0	1,425 (+12%)	0mo	$62,500	$44	63
9817 Somerset Ave	0.73mi	3/1.0	1,290 (+1%)	2mo	$30,000	$23	62
15430 Mapleridge St	0.57mi	4/1.5 (+1)	1,320 (+4%)	1mo	$123,000	$93	59
9988 Somerset Ave	0.69mi	3/1.0	1,206 (-5%)	1mo	$130,000	$108	58
10318 Beaconsfield St	0.53mi	3/1.5	1,146 (-10%)	1mo	$78,000	$68	56
9722 Everts St	0.69mi	3/1.0	1,178 (-7%)	0mo	$147,000	$125	55
12519 Riad St	0.58mi	3/1.0	1,135 (-11%)	0mo	$100,000	$88	54
9922 Yorkshire Rd	0.68mi	3/2.0	1,342 (+6%)	2mo	$75,000	$56	53

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 · 0.73% rent growth · sell at horizon

5-year hold

• IRR: -6.5%
• Equity multiple: 0.77×
• Total profit: $-7,232
• Equity at exit: $16,401

10-year hold

• IRR: -0.2%
• Equity multiple: 0.99×
• Total profit: $-362
• Equity at exit: $9,511

Cash invested: $30,800 (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 48224

• Rents YoY: 0.7%
• Active inventory: 484
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,346 high
• Mortgage (P&I): −$577
• Tax from tax record: −$228 /mo · $2,740/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$283
• Net cashflow: $212

Break-even live

Break-even rent $1,077

Max offer price $110,000

Occupancy floor 79%

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12655 Kelly Rd Detroit, MI	2.0	1.0	1680	$1,150	$0.68	11d	1	0.27mi
12651 Kelly Rd Unit 1 Detroit, MI	2.0	1.0	1680	$1,150	$0.68	11d	1	0.27mi
11018 Whitehill St Detroit, MI	3.0	1.0	1146	$1,450	$1.27	11d	1	0.32mi
10803 Roxbury St Detroit, MI	3.0	1.0	1150	$900	$0.78	20d	1	0.36mi
11911 Lansdowne St Detroit, MI	4.0	1.0	1350	$1,400	$1.04	44d	1	0.38mi
11689 Wayburn St Detroit, MI	3.0	1.0	1142	$1,350	$1.18	44d	1	0.38mi
11235 Roxbury St Detroit, MI	3.0	1.0	1062	$1,325	$1.25	17d	1	0.41mi
10813 Whitehill St Detroit, MI	3.0	1.0	1392	$1,350	$0.97	17d	1	0.43mi
11620 Rossiter St Detroit, MI	3.0	1.0	1140	$1,200	$1.05	17d	1	0.45mi
10644 Stratman St Detroit, MI	2.0	1.0	1000	$1,200	$1.20	17d	1	0.48mi
10724 Whitehill St Detroit, MI	3.0	3.0	1425	$1,550	$1.09	18d	1	0.49mi
15494 Mapleridge St Detroit, MI	3.0	1.0	937	$1,275	$1.36	44d	1	0.52mi
15000 Mayfield St Detroit, MI	3.0	1.0	1146	$970	$0.85	17d	1	0.53mi
10404 Somerset Ave Detroit, MI	3.0	1.0	1108	$1,475	$1.33	4d	1	0.56mi
11776 Rossiter St Detroit, MI	3.0	1.0	964	$1,150	$1.19	11d	1	0.57mi
15010 Cedargrove St Detroit, MI	3.0	1.5	1018	$1,350	$1.33	44d	1	0.58mi
10141 Roxbury St Detroit, MI	3.0	1.0	1115	$1,000	$0.90	44d	1	0.66mi
12716 Riad St Detroit, MI	3.0	1.0	974	$1,275	$1.31	17d	1	0.69mi
9984 Beaconsfield St Detroit, MI	3.0	1.0	1222	$1,575	$1.29	44d	1	0.72mi
9927 Beaconsfield St Detroit, MI	3.0	1.0	942	$1,375	$1.46	15d	1	0.74mi
9755 Wayburn St Detroit, MI	3.0	2.0	1498	$1,400	$0.93	4d	1	0.75mi
10400 Britain St Detroit, MI	3.0	1.0	890	$1,100	$1.24	44d	1	0.77mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	44d	1	0.77mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	15d	1	0.77mi
10037 Grayton St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	4d	1	0.78mi
9635 Everts St Detroit, MI	4.0	2.0	1450	$1,650	$1.14	44d	1	0.79mi
10370 Britain St Detroit, MI	3.0	1.0	1100	$1,100	$1.00	44d	1	0.79mi
10692 Meuse St Detroit, MI	3.0	1.0	955	$1,250	$1.31	13d	1	0.81mi
19144 Moross Rd Detroit, MI	2.0	1.0	900	$1,050	$1.17	44d	1	0.85mi
9313 Harvard Rd Detroit, MI	3.0	1.5	1329	$1,200	$0.90	17d	1	0.85mi
9241 Boleyn St Detroit, MI	3.0	1.0	1350	$1,350	$1.00	44d	1	0.88mi
9171 Bishop St Detroit, MI	4.0	1.0	1508	$1,300	$0.86	44d	1	0.90mi
9400 Lakepointe St Detroit, MI	3.0	1.0	1300	$1,150	$0.88	5d	1	0.91mi
9409 Balfour Rd Detroit, MI	3.0	1.0	1195	$1,200	$1.00	44d	1	0.92mi
15857 Evanston St Detroit, MI	3.0	1.5	1232	$1,250	$1.01	5d	1	0.93mi
15616 E 7 Mile Rd Detroit, MI	3.0	1.5	1150	$1,150	$1.00	17d	1	0.93mi
16031 E 7 Mile Rd #5 Detroit, MI	2.0	1.0	1204	$1,200	$1.00	3d	1	0.96mi
9168 Wayburn St Detroit, MI	3.0	1.0	1274	$1,300	$1.02	20d	1	0.96mi
18530 Kingsville St Harper Woods, MI	3.0	1.5	1396	$1,375	$0.98	17d	1	0.98mi
19639 Moross Rd Unit 1 Detroit, MI	2.0	1.0	900	$1,100	$1.22	44d	1	1.00mi

Listing history 50 events

1. 2026-06-18
   days on market $110,000 Active 27 DOM
2. 2026-06-17
   days on market $110,000 Active 26 DOM
3. 2026-06-15
   days on market $110,000 Active 24 DOM
4. 2026-06-13
   days on market $110,000 Active 22 DOM
5. 2026-06-13
   days on market $110,000 Active 21 DOM
6. 2026-06-09
   days on market $110,000 Active 18 DOM
7. 2026-06-08
   days on market $110,000 Active 17 DOM
8. 2026-06-07
   days on market $110,000 Active 16 DOM
9. 2026-06-04
   days on market $110,000 Active 13 DOM
10. 2026-06-03
    days on market $110,000 Active 12 DOM
11. 2026-06-02
    days on market $110,000 Active 11 DOM
12. 2026-06-01
    days on market $110,000 Active 10 DOM
13. 2026-05-31
    days on market $110,000 Active 9 DOM
14. 2026-05-22
    listed $110,000 Active

    Show marketing remark (737 chars)

    Turnkey investment opportunity with immediate income in place! 11632 Laing St is being offered tenant occupied with an established tenant currently paying $1,150 per month under a 1-year lease, providing dependable cash flow from closing. The property has received minor improvements and repairs, with updates focused primarily on mechanical components, contributing to ongoing maintenance and operation. An excellent opportunity for investors seeking to add a performing asset to their portfolio. Out of respect for tenant privacy, please do not disturb occupants. All showings and inspections will be permitted upon accepted offer only. Buyer to assume existing lease agreement and honor current lease terms. Property to be sold AS-IS.

15. 2026-05-22
    listed $110,000 Active 737-char remark

    Show marketing remark (737 chars)

    Turnkey investment opportunity with immediate income in place! 11632 Laing St is being offered tenant occupied with an established tenant currently paying $1,150 per month under a 1-year lease, providing dependable cash flow from closing. The property has received minor improvements and repairs, with updates focused primarily on mechanical components, contributing to ongoing maintenance and operation. An excellent opportunity for investors seeking to add a performing asset to their portfolio. Out of respect for tenant privacy, please do not disturb occupants. All showings and inspections will be permitted upon accepted offer only. Buyer to assume existing lease agreement and honor current lease terms. Property to be sold AS-IS.

16. 2025-12-11
    historical $1,350
17. 2025-12-09
    listed $1,350
18. 2025-12-03
    historical $1,350
19. 2025-11-03
    listed $1,350
20. 2025-10-22
    soldstatus $83,600 Closed

    Show marketing remark (620 chars)

    PRICE REDUCTION!! Charming 3-Bedroom Home on Detroit’s Eastside – Perfect for Homeowners or Investors! Welcome to this move-in-ready, single-family home with 1,272 square feet of living space. This home features three spacious bedrooms, one full bath, and updated flooring in the kitchen for a fresh, modern touch. Whether you're a first-time buyer looking for an affordable home or an investor seeking a great rental opportunity, this property checks all the boxes. Don’t miss your chance to own a solid home in a growing neighborhood—an ideal place to call home or add to your rental portfolio.

21. 2025-10-22
    soldstatus $83,600 Closed 620-char remark

    Show marketing remark (620 chars)

    PRICE REDUCTION!! Charming 3-Bedroom Home on Detroit’s Eastside – Perfect for Homeowners or Investors! Welcome to this move-in-ready, single-family home with 1,272 square feet of living space. This home features three spacious bedrooms, one full bath, and updated flooring in the kitchen for a fresh, modern touch. Whether you're a first-time buyer looking for an affordable home or an investor seeking a great rental opportunity, this property checks all the boxes. Don’t miss your chance to own a solid home in a growing neighborhood—an ideal place to call home or add to your rental portfolio.

22. 2025-09-10
    historical $1,250
23. 2025-09-09
    status Pending

    Show marketing remark (620 chars)

    PRICE REDUCTION!! Charming 3-Bedroom Home on Detroit’s Eastside – Perfect for Homeowners or Investors! Welcome to this move-in-ready, single-family home with 1,272 square feet of living space. This home features three spacious bedrooms, one full bath, and updated flooring in the kitchen for a fresh, modern touch. Whether you're a first-time buyer looking for an affordable home or an investor seeking a great rental opportunity, this property checks all the boxes. Don’t miss your chance to own a solid home in a growing neighborhood—an ideal place to call home or add to your rental portfolio.

24. 2025-09-09
    status Pending 620-char remark

    Show marketing remark (620 chars)

    PRICE REDUCTION!! Charming 3-Bedroom Home on Detroit’s Eastside – Perfect for Homeowners or Investors! Welcome to this move-in-ready, single-family home with 1,272 square feet of living space. This home features three spacious bedrooms, one full bath, and updated flooring in the kitchen for a fresh, modern touch. Whether you're a first-time buyer looking for an affordable home or an investor seeking a great rental opportunity, this property checks all the boxes. Don’t miss your chance to own a solid home in a growing neighborhood—an ideal place to call home or add to your rental portfolio.

25. 2025-09-04
    price $82,000
26. 2025-09-03
    price $82,000 620-char remark

    Show marketing remark (620 chars)

    PRICE REDUCTION!! Charming 3-Bedroom Home on Detroit’s Eastside – Perfect for Homeowners or Investors! Welcome to this move-in-ready, single-family home with 1,272 square feet of living space. This home features three spacious bedrooms, one full bath, and updated flooring in the kitchen for a fresh, modern touch. Whether you're a first-time buyer looking for an affordable home or an investor seeking a great rental opportunity, this property checks all the boxes. Don’t miss your chance to own a solid home in a growing neighborhood—an ideal place to call home or add to your rental portfolio.

27. 2025-08-08
    listed $1,250
28. 2025-07-24
    price $88,000

    Show marketing remark (620 chars)

    PRICE REDUCTION!! Charming 3-Bedroom Home on Detroit’s Eastside – Perfect for Homeowners or Investors! Welcome to this move-in-ready, single-family home with 1,272 square feet of living space. This home features three spacious bedrooms, one full bath, and updated flooring in the kitchen for a fresh, modern touch. Whether you're a first-time buyer looking for an affordable home or an investor seeking a great rental opportunity, this property checks all the boxes. Don’t miss your chance to own a solid home in a growing neighborhood—an ideal place to call home or add to your rental portfolio.

29. 2025-07-24
    price $88,000 620-char remark

    Show marketing remark (620 chars)

    PRICE REDUCTION!! Charming 3-Bedroom Home on Detroit’s Eastside – Perfect for Homeowners or Investors! Welcome to this move-in-ready, single-family home with 1,272 square feet of living space. This home features three spacious bedrooms, one full bath, and updated flooring in the kitchen for a fresh, modern touch. Whether you're a first-time buyer looking for an affordable home or an investor seeking a great rental opportunity, this property checks all the boxes. Don’t miss your chance to own a solid home in a growing neighborhood—an ideal place to call home or add to your rental portfolio.

30. 2025-07-08
    status Active

    Show marketing remark (620 chars)

    PRICE REDUCTION!! Charming 3-Bedroom Home on Detroit’s Eastside – Perfect for Homeowners or Investors! Welcome to this move-in-ready, single-family home with 1,272 square feet of living space. This home features three spacious bedrooms, one full bath, and updated flooring in the kitchen for a fresh, modern touch. Whether you're a first-time buyer looking for an affordable home or an investor seeking a great rental opportunity, this property checks all the boxes. Don’t miss your chance to own a solid home in a growing neighborhood—an ideal place to call home or add to your rental portfolio.

31. 2025-07-08
    status Active 620-char remark

    Show marketing remark (620 chars)

    PRICE REDUCTION!! Charming 3-Bedroom Home on Detroit’s Eastside – Perfect for Homeowners or Investors! Welcome to this move-in-ready, single-family home with 1,272 square feet of living space. This home features three spacious bedrooms, one full bath, and updated flooring in the kitchen for a fresh, modern touch. Whether you're a first-time buyer looking for an affordable home or an investor seeking a great rental opportunity, this property checks all the boxes. Don’t miss your chance to own a solid home in a growing neighborhood—an ideal place to call home or add to your rental portfolio.

32. 2025-06-20
    historical $1,250
33. 2025-06-12
    status Pending

    Show marketing remark (620 chars)

    PRICE REDUCTION!! Charming 3-Bedroom Home on Detroit’s Eastside – Perfect for Homeowners or Investors! Welcome to this move-in-ready, single-family home with 1,272 square feet of living space. This home features three spacious bedrooms, one full bath, and updated flooring in the kitchen for a fresh, modern touch. Whether you're a first-time buyer looking for an affordable home or an investor seeking a great rental opportunity, this property checks all the boxes. Don’t miss your chance to own a solid home in a growing neighborhood—an ideal place to call home or add to your rental portfolio.

34. 2025-06-12
    status Pending 620-char remark

    Show marketing remark (620 chars)

    PRICE REDUCTION!! Charming 3-Bedroom Home on Detroit’s Eastside – Perfect for Homeowners or Investors! Welcome to this move-in-ready, single-family home with 1,272 square feet of living space. This home features three spacious bedrooms, one full bath, and updated flooring in the kitchen for a fresh, modern touch. Whether you're a first-time buyer looking for an affordable home or an investor seeking a great rental opportunity, this property checks all the boxes. Don’t miss your chance to own a solid home in a growing neighborhood—an ideal place to call home or add to your rental portfolio.

35. 2025-05-16
    listed $1,250
36. 2025-05-15
    listed $89,999 Active

    Show marketing remark (620 chars)

    PRICE REDUCTION!! Charming 3-Bedroom Home on Detroit’s Eastside – Perfect for Homeowners or Investors! Welcome to this move-in-ready, single-family home with 1,272 square feet of living space. This home features three spacious bedrooms, one full bath, and updated flooring in the kitchen for a fresh, modern touch. Whether you're a first-time buyer looking for an affordable home or an investor seeking a great rental opportunity, this property checks all the boxes. Don’t miss your chance to own a solid home in a growing neighborhood—an ideal place to call home or add to your rental portfolio.

37. 2025-05-15
    listed $89,999 Active 620-char remark

    Show marketing remark (620 chars)

    PRICE REDUCTION!! Charming 3-Bedroom Home on Detroit’s Eastside – Perfect for Homeowners or Investors! Welcome to this move-in-ready, single-family home with 1,272 square feet of living space. This home features three spacious bedrooms, one full bath, and updated flooring in the kitchen for a fresh, modern touch. Whether you're a first-time buyer looking for an affordable home or an investor seeking a great rental opportunity, this property checks all the boxes. Don’t miss your chance to own a solid home in a growing neighborhood—an ideal place to call home or add to your rental portfolio.

38. 2025-04-07
    historical
39. 2025-04-07
    historical
40. 2025-03-27
    historical $1,250
41. 2025-03-25
    listed $1,250
42. 2025-03-25
    historical $1,250
43. 2025-03-19
    price $100,000
44. 2025-03-18
    price $100,000
45. 2025-02-16
    price $19,000
46. 2025-01-24
    listed $1,250
47. 2025-01-08
    listed $120,000 Active
48. 2025-01-08
    listed $120,000 Active
49. 2022-12-07
    soldstatus $72,000 Closed
50. 2022-12-07
    soldstatus $72,000 Sold

ⓘ 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: $2,740 · $228/mo
• Projected year-2 tax: $2,740 · $228/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 ≥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: $16,152
• − Mortgage interest: −$6,162
• − Property taxes: −$2,740
• − Insurance: −$550
• − Repairs & maintenance: −$1,292
• − Management: −$1,292
• − Depreciation: −$3,200
• Taxable income: $916
• Est. tax owed @ 24.0%: −$220
• After-tax cash flow: $2,328/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): 39,668
• Household income: $44,856
• Rent vs Own: 44.1% rent · 55.9% own
• Severe rent burden: 2515.0

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 (88%)
• Race & ethnicity: Black 88% White 8% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Iranian 1% Romanian 1% Lithuanian 1%
• Foreign-born: 1%
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -226.38%
• Current HPI: 161.886
• Rent YoY: ▲ 0.73%
• 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

+450.0% since first listed

93 events — show timeline

• 2026-05-22 Listed $110,000 REALCOMP
• 2026-05-22 Listed $110,000 MiRealSource-MiMLS
• 2025-12-11 Rental Removed $1,350 PROPERTYWARE
• 2025-12-09 Listed for Rent $1,350 PROPERTYWARE
• 2025-12-03 Rental Removed $1,350 PROPERTYWARE
• 2025-11-03 Listed for Rent $1,350 PROPERTYWARE
• 2025-10-22 Sold (MLS) $83,600 MiRealSource-MiMLS
• 2025-10-22 Sold (MLS) $83,600 REALCOMP
• 2025-09-10 Rental Removed $1,250 REALCOMP
• 2025-09-09 Pending — MiRealSource-MiMLS
• 2025-09-09 Pending — REALCOMP
• 2025-09-04 Price Changed $82,000 MiRealSource-MiMLS
• 2025-09-03 Price Changed $82,000 REALCOMP
• 2025-08-08 Listed for Rent $1,250 REALCOMP
• 2025-07-24 Price Changed $88,000 MiRealSource-MiMLS
• 2025-07-24 Price Changed $88,000 REALCOMP
• 2025-07-08 Relisted — MiRealSource-MiMLS
• 2025-07-08 Relisted — REALCOMP
• 2025-06-20 Rental Removed $1,250 REALCOMP
• 2025-06-12 Pending — MiRealSource-MiMLS
• 2025-06-12 Pending — REALCOMP
• 2025-05-16 Listed for Rent $1,250 REALCOMP
• 2025-05-15 Listed $89,999 MiRealSource-MiMLS
• 2025-05-15 Listed $89,999 REALCOMP
• 2025-04-07 Listing Removed — REALCOMP
• 2025-04-07 Listing Removed — MiRealSource-MiMLS
• 2025-03-27 Rental Removed $1,250 REALCOMP
• 2025-03-25 Listed for Rent $1,250 REALCOMP
• 2025-03-25 Rental Removed $1,250 REALSOURCE
• 2025-03-19 Price Changed $100,000 MiRealSource-MiMLS
• 2025-03-18 Price Changed $100,000 REALCOMP
• 2025-02-16 Price Changed $19,000 REALCOMP
• 2025-01-24 Listed for Rent $1,250 REALSOURCE
• 2025-01-08 Listed $120,000 REALCOMP
• 2025-01-08 Listed $120,000 MiRealSource-MiMLS
• 2022-12-07 Sold (MLS) $72,000 MiRealSource-MiMLS
• 2022-12-07 Sold (MLS) $72,000 REALCOMP
• 2022-12-06 Sold (Public Records) $72,000 Public Records
• 2022-11-02 Pending — MiRealSource-MiMLS
• 2022-11-02 Pending — REALCOMP
• 2022-10-13 Listed $79,900 MiRealSource-MiMLS
• 2022-10-13 Listed $79,900 REALCOMP
• 2022-02-15 Listing Removed — REALCOMP
• 2022-02-15 Listing Removed — MiRealSource-MiMLS
• 2022-01-06 Price Changed $98,500 MiRealSource-MiMLS
• 2022-01-06 Price Changed $98,500 REALCOMP
• 2021-12-07 Price Changed $99,000 MiRealSource-MiMLS
• 2021-12-06 Price Changed $99,000 REALCOMP
• 2021-11-08 Relisted — MiRealSource-MiMLS
• 2021-11-08 Relisted — REALCOMP
• 2021-11-03 Pending — MiRealSource-MiMLS
• 2021-11-03 Pending — REALCOMP
• 2021-10-21 Relisted — MiRealSource-MiMLS
• 2021-10-21 Relisted — REALCOMP
• 2021-09-21 Pending — MiRealSource-MiMLS
• 2021-09-21 Pending — REALCOMP
• 2021-08-02 Listed $99,500 MiRealSource-MiMLS
• 2021-08-02 Listed $99,500 REALCOMP
• 2021-07-27 Listing Removed — REALCOMP
• 2021-07-27 Relisted — REALCOMP
• 2021-04-26 Listing Removed — REALCOMP
• 2021-04-06 Pending — MiRealSource-MiMLS
• 2021-04-06 Pending — REALCOMP
• 2021-04-01 Listing Removed — MiRealSource-MiMLS
• 2020-12-30 Relisted — MiRealSource-MiMLS
• 2020-12-30 Relisted — REALCOMP
• 2020-12-30 Listing Removed — REALCOMP
• 2020-12-30 Listing Removed — MiRealSource-MiMLS
• 2020-09-26 Price Changed $75,000 MiRealSource-MiMLS
• 2020-09-26 Price Changed $75,000 REALCOMP
• 2020-06-04 Listed $64,900 MiRealSource-MiMLS
• 2020-06-04 Listed $64,900 REALCOMP
• 2016-11-01 Listing Removed — MiRealSource-MiMLS
• 2016-10-30 Relisted — MiRealSource-MiMLS
• 2016-07-20 Pending — MiRealSource-MiMLS
• 2016-06-26 Price Changed $19,000 MiRealSource-MiMLS
• 2016-06-14 Price Changed $20,000 MiRealSource-MiMLS
• 2016-05-24 Price Changed $21,000 MiRealSource-MiMLS
• 2016-05-11 Listing Removed — REALCOMP
• 2016-05-09 Price Changed $28,000 MiRealSource-MiMLS
• 2016-05-09 Price Changed $28,000 REALCOMP
• 2016-05-02 Price Changed $32,000 MiRealSource-MiMLS
• 2016-05-02 Price Changed $32,000 REALCOMP
• 2016-04-27 Listed $38,000 REALCOMP
• 2016-04-06 Listed $38,000 MiRealSource-MiMLS
• 2009-11-13 Sold (Public Records) $85,000 Public Records
• 2007-03-07 Sold (Public Records) $57,425 Public Records
• 2007-01-03 Sold (MLS) $57,425 MiRealSource-MiMLS
• 2007-01-03 Sold (MLS) $57,425 REALCOMP
• 2006-12-14 Listing Removed — MiRealSource-MiMLS
• 2006-10-20 Listed $59,900 MiRealSource-MiMLS
• 2006-10-20 Listed $59,900 REALCOMP
• 1991-03-07 Sold (Public Records) $20,000 Public Records

Property tax history

+3.9%/yr

Latest (2025): $2,740 · -38.0% YoY. Source: county tax records.