313 Monterey St · Highland Park, MI 48203

$39,900

4 bd · 1.5 ba · 1,976 sqft · SingleFamily public records · 205 Days on market

Built 1916 5,227 sqft lot $20/sqft · 51% below area ↓ 20% since listing

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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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +5.0/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

SPRAWLING BRICK COLONIAL HOME LOCATED SOUTH OF DAVISON FWY AND EAST OF THE LODGE FWY. THIS HOME FEATURES A COVERED FRONT PORCH, LARGE LIVING ROOM WITH FIREPLACE, FORMAL DINING ROOM, GOOD SIZED KITCHEN, FOUR GOOD SIZED BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

Key facts

• Covered front porch
• Good sized kitchen
• Formal dining room

Tags

• COVERED FRONT PORCH
• LARGE LIVING ROOM
• FORMAL DINING ROOM
• GOOD SIZED KITCHEN
• UNFINISHED BASEMENT

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $40k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $40k).
• Recommended offer: $35k (12.0% below list) — sets the bar for market timing.
• Cap rate 40.5% vs local median 14.2% in Highland Park — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#214 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools F, crime F, employment F.
• Market conditions: 216 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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).
• At $1,784/mo this rent would consume 56% of the median local household income ($38k/yr) (locally 1192% 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 $276 of loan paydown is wiped out by about $1k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $11k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 205 days — a 12% lower offer ($35k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $10k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1916 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $35,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 205 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1916 — 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. 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?
8. 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.
9. 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.
10. 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: 4.47% ✓
• Cap rate: 40.50%
• Cash-on-cash: 122.18%
• DSCR: 6.44
• GRM: 1.9

CMA / ARV

• ARV (median comp): $81,068
• List price: $39,900
• Delta: -50.78%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
693 Calvert St	0.55mi	4/1.5	1,914 (-3%)	4mo	$109,000	$57	66
80 Glynn Ct	0.70mi	4/2.0	2,058 (+4%)	0mo	$365,000	$177	58
35 Massachusetts St	0.68mi	4/1.5	2,005 (+2%)	11mo	$145,000	$72	57
81 Richton St	0.43mi	5/1.5 (+1)	1,776 (-10%)	3mo	$48,000	$27	56
936 Glynn Ct	0.49mi	4/3.0	1,874 (-5%)	10mo	$285,000	$152	54
1565 Glendale St	0.45mi	5/3.0 (+1)	1,752 (-11%)	2mo	$180,000	$103	48
2220 Webb St	0.60mi	4/2.5	1,848 (-6%)	12mo	$130,000	$70	48
929 Lawrence St	0.34mi	3/1.5 (-1)	1,692 (-14%)	9mo	$205,000	$121	47
50 Glendale St	0.63mi	5/3.0 (+1)	2,096 (+6%)	7mo	$55,000	$26	44
719 Webb St	0.36mi	5/3.0 (+1)	2,225 (+13%)	10mo	$314,000	$141	43
39 Colorado St	0.73mi	5/2.0 (+1)	2,200 (+11%)	3mo	$211,000	$96	38
1671 W Buena Vista St	0.57mi	3/1.0 (-1)	1,680 (-15%)	7mo	$65,000	$39	35

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 6.91×
• Total profit: $66,008
• Equity at exit: $5,949

10-year hold

• IRR: —
• Equity multiple: 14.50×
• Total profit: $150,868
• Equity at exit: $3,450

Cash invested: $11,172 (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 48203

• Home prices YoY: -23.3%
• Active inventory: 216
• Price-to-rent: 1.9×

Monthly cashflow live

• Estimated rent: $1,784 high
• Mortgage (P&I): −$209
• Tax from tax record: −$46 /mo · $551/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$375
• Net cashflow: $1,138

Break-even live

Break-even rent $344

Max offer price $39,900

Occupancy floor 31%

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: $9,975
• Closing costs: $1,197
• Reserves months: —
• Total cash needed: —

Rent comps 37 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
41 Richton St Highland Park, MI	5.0	2.0	1871	$1,800	$0.96	14d	1	0.50mi
41 Richton St Highland Park, MI	5.0	2.0	1871	$1,800	$0.96	1d	1	0.50mi
64 Glendale St Highland Park, MI	4.0	1.0	1464	$1,500	$1.02	10d	1	0.59mi
1699 Glynn Ct Detroit, MI	5.0	3.5	2542	$2,500	$0.98	21d	1	0.61mi
1929 Calvert Ave Unit 2 Detroit, MI	3.0	1.0	1414	$1,199	$0.85	14d	1	0.63mi
101 Colorado St Unit NA Highland Park, MI	4.0	1.5	1695	$1,500	$0.88	24d	1	0.83mi
2474 Fullerton St Detroit, MI	3.0	1.0	1400	$1,300	$0.93	14d	1	0.88mi
165 Rhode Island St Highland Park, MI	4.0	1.5	1639	$1,200	$0.73	17d	1	0.93mi
2634 Lawrence St Detroit, MI	3.0	1.5	1388	$1,600	$1.15	1d	1	1.01mi
2655 Collingwood St Detroit, MI	4.0	1.5	1881	$2,700	$1.44	1d	1	1.06mi
2653 Calvert Ave Unit 1 Detroit, MI	3.0	1.0	1305	$1,200	$0.92	43d	1	1.08mi
168 Beresford St Highland Park, MI	4.0	1.0	1541	$1,475	$0.96	17d	1	1.09mi
2727 Calvert Ave Unit 1 Detroit, MI	3.0	1.5	1350	$1,200	$0.89	43d	1	1.14mi
330 Westminster St Unit NA Detroit, MI	3.0	1.0	1995	$1,900	$0.95	43d	1	1.16mi
330 Westminster St Detroit, MI	3.0	1.0	1995	$1,900	$0.95	23d	1	1.16mi
2254 Taylor St Unit Taylor St unit Detroit, MI	3.0	1.0	1307	$1,550	$1.19	3d	1	1.18mi
505 Westminster St Detroit, MI	3.0	1.0	1700	$1,400	$0.82	17d	1	1.18mi
2986 Richton St Detroit, MI	3.0	1.0	2600	$1,200	$0.46	16d	1	1.19mi
2925 Calvert St Detroit, MI	3.0	1.0	1400	$1,300	$0.93	16d	1	1.20mi
2028 Gladstone St Unit 1 Detroit, MI	5.0	2.0	2500	$2,850	$1.14	3d	1	1.22mi
2080 Gladstone St #1 Detroit, MI	4.0	2.0	2426	$3,000	$1.24	1d	1	1.24mi
2302 Hazelwood St Unit 1 Detroit, MI	3.0	1.0	1550	$1,273	$0.82	24d	1	1.26mi
3031 Lawrence St Detroit, MI	4.0	1.0	1700	$1,600	$0.94	16d	1	1.26mi
8951 La Salle Blvd Detroit, MI	4.0	2.5	2440	$2,500	$1.02	1d	1	1.27mi
8951 La Salle Blvd Detroit, MI	5.0	2.5	2440	$2,500	$1.02	14d	1	1.27mi
8951 La Salle Blvd Unit NA Detroit, MI	4.0	2.5	2440	$2,500	$1.02	10d	1	1.27mi
216 Holbrook St Detroit, MI	4.0	2.0	2000	$2,000	$1.00	21d	1	1.30mi
216 Holbrook Unit Na Detroit, MI	4.0	2.0	2000	$2,200	$1.10	1d	1	1.30mi
2463 Taylor St Detroit, MI	3.0	1.0	1350	$1,100	$0.81	43d	1	1.30mi
1418 W Euclid St Detroit, MI	3.0	1.0	2264	$1,200	$0.53	43d	1	1.35mi
3266 Calvert Ave Fl 2 Detroit, MI	3.0	1.0	1279	$1,300	$1.02	24d	1	1.38mi
1441 W Euclid St Detroit, MI	3.0	1.0	2380	$2,600	$1.09	24d	1	1.38mi
3322 Webb St Detroit, MI	3.0	1.0	1600	$1,250	$0.78	16d	1	1.38mi
3322 Webb St Unit 2 Detroit, MI	3.0	1.0	1656	$1,350	$0.82	43d	1	1.38mi
3322 Webb St Unit 1 Detroit, MI	3.0	1.0	1656	$1,350	$0.82	43d	1	1.38mi
419 King St Detroit, MI	3.0	1.0	1668	$2,300	$1.38	10d	1	1.41mi
3209 W Grand St Detroit, MI	3.0	1.0	1550	$1,103	$0.71	43d	1	1.47mi

Listing history 21 events

1. 2026-06-18
   days on market $39,900 Active 205 DOM
2. 2026-06-17
   days on market $39,900 Active 204 DOM
3. 2026-06-16
   days on market $39,900 Active 203 DOM
4. 2026-06-15
   days on market $39,900 Active 202 DOM
5. 2026-06-13
   days on market $39,900 Active 200 DOM
6. 2026-06-09
   days on market $39,900 Active 196 DOM
7. 2026-06-08
   days on market $39,900 Active 195 DOM
8. 2026-06-07
   days on market $39,900 Active 194 DOM
9. 2026-06-04
   days on market $39,900 Active 191 DOM
10. 2026-06-03
    days on market $39,900 Active 190 DOM
11. 2026-06-02
    days on market $39,900 Active 189 DOM
12. 2026-06-01
    days on market $39,900 Active 188 DOM
13. 2026-05-31
    days on market $39,900 Active 187 DOM
14. 2026-03-24
    price $39,900 467-char remark

    Show marketing remark (467 chars)

    SPRAWLING BRICK COLONIAL HOME LOCATED SOUTH OF DAVISON FWY AND EAST OF THE LODGE FWY. THIS HOME FEATURES A COVERED FRONT PORCH, LARGE LIVING ROOM WITH FIREPLACE, FORMAL DINING ROOM, GOOD SIZED KITCHEN, FOUR GOOD SIZED BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

15. 2026-03-23
    price $39,900 467-char remark

    Show marketing remark (467 chars)

    SPRAWLING BRICK COLONIAL HOME LOCATED SOUTH OF DAVISON FWY AND EAST OF THE LODGE FWY. THIS HOME FEATURES A COVERED FRONT PORCH, LARGE LIVING ROOM WITH FIREPLACE, FORMAL DINING ROOM, GOOD SIZED KITCHEN, FOUR GOOD SIZED BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

16. 2026-03-19
    price $43,900 467-char remark

    Show marketing remark (467 chars)

    SPRAWLING BRICK COLONIAL HOME LOCATED SOUTH OF DAVISON FWY AND EAST OF THE LODGE FWY. THIS HOME FEATURES A COVERED FRONT PORCH, LARGE LIVING ROOM WITH FIREPLACE, FORMAL DINING ROOM, GOOD SIZED KITCHEN, FOUR GOOD SIZED BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

17. 2026-03-18
    price $43,900 467-char remark

    Show marketing remark (467 chars)

    SPRAWLING BRICK COLONIAL HOME LOCATED SOUTH OF DAVISON FWY AND EAST OF THE LODGE FWY. THIS HOME FEATURES A COVERED FRONT PORCH, LARGE LIVING ROOM WITH FIREPLACE, FORMAL DINING ROOM, GOOD SIZED KITCHEN, FOUR GOOD SIZED BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

18. 2026-02-26
    price $47,900 467-char remark

    Show marketing remark (467 chars)

    SPRAWLING BRICK COLONIAL HOME LOCATED SOUTH OF DAVISON FWY AND EAST OF THE LODGE FWY. THIS HOME FEATURES A COVERED FRONT PORCH, LARGE LIVING ROOM WITH FIREPLACE, FORMAL DINING ROOM, GOOD SIZED KITCHEN, FOUR GOOD SIZED BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

19. 2026-02-25
    price $47,900 467-char remark

    Show marketing remark (467 chars)

    SPRAWLING BRICK COLONIAL HOME LOCATED SOUTH OF DAVISON FWY AND EAST OF THE LODGE FWY. THIS HOME FEATURES A COVERED FRONT PORCH, LARGE LIVING ROOM WITH FIREPLACE, FORMAL DINING ROOM, GOOD SIZED KITCHEN, FOUR GOOD SIZED BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

20. 2025-11-25
    listed $49,900 Active 467-char remark

    Show marketing remark (467 chars)

    SPRAWLING BRICK COLONIAL HOME LOCATED SOUTH OF DAVISON FWY AND EAST OF THE LODGE FWY. THIS HOME FEATURES A COVERED FRONT PORCH, LARGE LIVING ROOM WITH FIREPLACE, FORMAL DINING ROOM, GOOD SIZED KITCHEN, FOUR GOOD SIZED BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

21. 2025-11-25
    listed $49,900 Active 467-char remark

    Show marketing remark (467 chars)

    SPRAWLING BRICK COLONIAL HOME LOCATED SOUTH OF DAVISON FWY AND EAST OF THE LODGE FWY. THIS HOME FEATURES A COVERED FRONT PORCH, LARGE LIVING ROOM WITH FIREPLACE, FORMAL DINING ROOM, GOOD SIZED KITCHEN, FOUR GOOD SIZED BEDROOMS, ONE BATHROOM, AND AN UNFINISHED BASEMENT. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

ⓘ 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: $551 · $46/mo
• Projected year-2 tax: $583 · $49/mo
• Expected delta: +$32/yr (+$3/mo · 5.8%)

ⓘ 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 ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,407
• − Mortgage interest: −$2,235
• − Property taxes: −$551
• − Insurance: −$200
• − Repairs & maintenance: −$1,713
• − Management: −$1,713
• − Depreciation: −$1,161
• Taxable income: $13,836
• Est. tax owed @ 24.0%: −$3,321
• After-tax cash flow: $10,330/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)

No district data.

Livability — Highland Park

• Score: 73/100
• State rank: #214
• US rank: #5271

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Highland Park, MI
• County: Wayne County · 1,562,939 people
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 20,049
• Household income: $38,404
• Rent vs Own: 48.7% rent · 51.3% own
• Severe rent burden: 1192.0

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 (85%)
• Race & ethnicity: Black 85% White 8% Two or more races 5% Hispanic / Latino 2%
• Common ancestry: Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 3% French/Haitian/Cajun 1%

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: ▼ -90.13%
• Current HPI: 297.0176
• Rent YoY: —
• 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

-20.0% since first listed

8 events — show timeline

• 2026-03-24 Price Changed $39,900 MiRealSource-MiMLS
• 2026-03-23 Price Changed $39,900 REALCOMP
• 2026-03-19 Price Changed $43,900 MiRealSource-MiMLS
• 2026-03-18 Price Changed $43,900 REALCOMP
• 2026-02-26 Price Changed $47,900 MiRealSource-MiMLS
• 2026-02-25 Price Changed $47,900 REALCOMP
• 2025-11-25 Listed $49,900 REALCOMP
• 2025-11-25 Listed $49,900 MiRealSource-MiMLS

Property tax history

-6.7%/yr

Latest (2025): $551 · -18.5% YoY. Source: county tax records.