16216 Tacoma St St · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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 +4.9/15.0
- Livability +3.7/5.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$80,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
INVESTOR SPECIAL! Solid brick 3-bedroom ranch with full basement and 2-car garage - packed with potential and value. Home features a spacious living room, large eat-in kitchen, and a full bathroom on the main level. The basement includes an additional, bathroom with shower, currently non-functional, offering a great opportunity for restoration and added convenience. Full-size basement matches the footprint of the home, providing abundant storage or future finishing options. Property sits on a wide lot with a vacant side lot next door, adding space and flexibility. Exterior brick is in strong condition, and the detached 2-car garage offers extra storage or workshop potential. Interior will need updates and the roof will require replacement - home is priced accordingly for the right buyer to bring vision and value. Tenant-occupied - please do not disturb. 24-hour notice required for showings.
Key facts
- Vacant side lot
- Full basement
- Wide lot
Tags
Property features AI
Exterior
- Parking: Detached garage (1 car); Basement parking access
- Utilities: Public water; Public sewer
- Home design: Single-family residence; One story; Ground-level entry
- Construction: Brick construction; Block foundation
- Exterior features: Paved road access; Lot approximately 44 x 125 (0.13 acres)
Interior
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating (natural gas); No central air conditioning
- Interior features: Unfinished basement; Total of 5 rooms
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $80k.
Deal economics
- At list price, monthly cash flow is $480 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $80k).
- Recommended offer: $78k (3.0% below list) — sets the bar for market timing.
- Cap rate 13.5% vs local median 10.0% in Detroit — 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 (#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 rising (+1.3%/yr); 376 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 42% of the median local income ($39k/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 $553 of loan paydown is wiped out by about $2k 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 + 1.3% rent growth), your $22k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 40 days — a 3% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
- 14 sale attempts since 30y 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 $7k; list at $80k implies a 1042% gain — meaningful room to come down on a strong offer.
Questions for the listing agent
- It's been on market 40 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.71% ✓
- Cap rate
- 13.49%
- Cash-on-cash
- 25.71%
- DSCR
- 2.14
- GRM
- 4.9
CMA / ARV
- ARV (on-the-fly)
- $75,600
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 16092 Manning St | 0.08mi | 3/1.5 | 1,200 (-5%) | 0mo | $20,000 | $17 | 86 |
| 16446 E State Fair St | 0.17mi | 2/1.0 (-1) | 1,200 (-5%) | 2mo | $70,000 | $58 | 78 |
| 19745 Kelly Rd Rd | 0.25mi | 3/1.0 | 1,176 (-7%) | 1mo | $105,000 | $89 | 76 |
| 19977 Cushing St | 0.38mi | 3/1.0 | 1,188 (-6%) | 2mo | $60,000 | $51 | 71 |
| 18933 Kenosha St | 0.55mi | 3/1.5 | 1,258 (-0%) | 2mo | $145,000 | $115 | 70 |
| 16444 Edmore Dr | 0.41mi | 4/2.0 (+1) | 1,234 (-2%) | 1mo | $50,000 | $41 | 68 |
| 16286 E State Fair St | 0.10mi | 4/1.0 (+1) | 1,439 (+14%) | 2mo | $99,900 | $69 | 65 |
| 18981 Kenosha St | 0.59mi | 3/1.5 | 1,290 (+2%) | 2mo | $77,500 | $60 | 65 |
| 16087 Collingham Dr | 0.47mi | 3/1.5 | 1,339 (+6%) | 2mo | $135,000 | $101 | 64 |
| 16267 Edmore Dr | 0.41mi | 3/1.0 | 1,100 (-13%) | 1mo | $122,500 | $111 | 59 |
| 15416 Eastwood St | 0.73mi | 3/1.0 | 1,211 (-4%) | 2mo | $70,000 | $58 | 57 |
| 15275 Eastburn St | 0.63mi | 3/1.0 | 1,100 (-13%) | 2mo | $56,000 | $51 | 48 |
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 · 1.33% rent growth · sell at horizon
- IRR
- 17.4%
- Equity multiple
- 1.69×
- Total profit
- $15,383
- Equity at exit
- $11,928
- IRR
- 24.6%
- Equity multiple
- 2.96×
- Total profit
- $43,966
- Equity at exit
- $6,917
Cash invested: $22,400 (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
ZIP-level market 48205
- Home prices YoY
- -28.1%
- Rents YoY
- 1.3%
- Active inventory
- 376
- Price-to-rent
- 4.9×
Monthly cashflow live
- Estimated rent
- $1,371 high interval (Pro) →
- Mortgage (P&I)
- −$420
- Tax from tax record
- −$150 /mo · $1,803/yr
- Insurance
- −$33
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$288
- Net cashflow
- $480
Break-even live
Sensitivity live
| Price | -10% $525 | -5% $502 | +0% $480 | +5% $457 | +10% $435 |
|---|---|---|---|---|---|
| Rent | -10% $372 | -5% $426 | +0% $480 | +5% $534 | +10% $588 |
| Rate | -1.0pp $520 | -0.5pp $500 | base $480 | +0.5pp $459 | +1.0pp $438 |
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
- $20,000
- Closing costs
- $2,400
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 16225 Manning St Detroit, MI | 4.0 | 2.0 | 1036 | $1,475 | $1.42 | 45d | 1 | 0.05mi |
| 16446 E State Fair St Detroit, MI | 2.0 | 1.0 | 1200 | $1,350 | $1.12 | 25d | 1 | 0.16mi |
| 16291 Eastburn St Detroit, MI | 3.0 | 1.0 | 1000 | $1,364 | $1.36 | 25d | 1 | 0.28mi |
| 16242 Bringard Dr Detroit, MI | 3.0 | 1.0 | 1350 | $1,300 | $0.96 | 6d | 1 | 0.30mi |
| 15909 Maddelein St Detroit, MI | 3.0 | 1.0 | 894 | $1,266 | $1.42 | 45d | 1 | 0.40mi |
| 16031 E 7 Mile Rd #5 Detroit, MI | 2.0 | 1.0 | 1204 | $1,200 | $1.00 | 4d | 1 | 0.44mi |
| 18530 Kingsville St Harper Woods, MI | 3.0 | 1.5 | 1396 | $1,375 | $0.98 | 19d | 1 | 0.46mi |
| 15604 Coram St Detroit, MI | 3.0 | 1.0 | 1210 | $1,000 | $0.83 | 45d | 1 | 0.47mi |
| 15616 E 7 Mile Rd Detroit, MI | 3.0 | 1.5 | 1150 | $1,150 | $1.00 | 19d | 1 | 0.57mi |
| 15503 Edmore Dr Detroit, MI | 3.0 | 1.0 | 1285 | $1,100 | $0.86 | 45d | 1 | 0.58mi |
| 19152 Woodside St Harper Woods, MI | 3.0 | 1.0 | 916 | $1,500 | $1.64 | 19d | 1 | 0.67mi |
| 12716 Riad St Detroit, MI | 3.0 | 1.0 | 974 | $1,275 | $1.31 | 19d | 1 | 0.73mi |
| 19144 Moross Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 45d | 1 | 0.81mi |
| 19365 Kingsville St Harper Woods, MI | 4.0 | 1.5 | 996 | $1,650 | $1.66 | 16d | 1 | 0.86mi |
| 12075 Rossiter St Detroit, MI | 3.0 | 1.0 | 1100 | $1,245 | $1.13 | 16d | 1 | 0.92mi |
| 12075 Rossiter St Detroit, MI | 3.0 | 1.0 | 1100 | $1,245 | $1.13 | 45d | 1 | 0.92mi |
| 19442 Kingsville St Harper Woods, MI | 3.0 | 1.0 | 1000 | $1,500 | $1.50 | 19d | 1 | 0.94mi |
| 19435 McCormick St Detroit, MI | 3.0 | 2.0 | 1148 | $1,300 | $1.13 | 19d | 1 | 0.94mi |
| 15494 Mapleridge St Detroit, MI | 3.0 | 1.0 | 937 | $1,275 | $1.36 | 45d | 1 | 0.99mi |
| 19661 Kenosha St Harper Woods, MI | 3.0 | 2.0 | 1000 | $1,400 | $1.40 | 25d | 1 | 1.01mi |
| 19639 Moross Rd Unit 1 Detroit, MI | 2.0 | 1.0 | 900 | $1,100 | $1.22 | 45d | 1 | 1.05mi |
| 14504 Coram St Detroit, MI | 3.0 | 1.0 | 1203 | $1,175 | $0.98 | 25d | 1 | 1.07mi |
| 11776 Rossiter St Detroit, MI | 3.0 | 1.0 | 964 | $1,150 | $1.19 | 13d | 1 | 1.09mi |
| 11911 Lansdowne St Detroit, MI | 4.0 | 1.0 | 1350 | $1,400 | $1.04 | 45d | 1 | 1.12mi |
| 14461 Lappin St Detroit, MI | 3.0 | 1.5 | 989 | $1,150 | $1.16 | 19d | 1 | 1.13mi |
| 14481 Maddelein St Detroit, MI | 3.0 | 1.0 | 1200 | $1,100 | $0.92 | 45d | 1 | 1.13mi |
| 11689 Wayburn St Detroit, MI | 3.0 | 1.0 | 1142 | $1,350 | $1.18 | 45d | 1 | 1.17mi |
| 15238 Seymour St Detroit, MI | 3.0 | 1.0 | 1064 | $1,300 | $1.22 | 0d | 1 | 1.19mi |
| 11620 Rossiter St Detroit, MI | 3.0 | 1.0 | 1140 | $1,200 | $1.05 | 19d | 1 | 1.19mi |
| 14134 Collingham Dr Detroit, MI | 3.0 | 1.5 | 1300 | $1,350 | $1.04 | 45d | 1 | 1.31mi |
| 22030 Cushing Ave Eastpointe, MI | 3.0 | 2.0 | 1300 | $1,650 | $1.27 | 6d | 1 | 1.31mi |
| 20015 Lochmoor St Harper Woods, MI | 3.0 | 1.0 | 1006 | $1,500 | $1.49 | 18d | 1 | 1.32mi |
| 12655 Kelly Rd Detroit, MI | 2.0 | 1.0 | 1680 | $1,150 | $0.68 | 12d | 1 | 1.33mi |
| 12651 Kelly Rd Unit 1 Detroit, MI | 2.0 | 1.0 | 1680 | $1,150 | $0.68 | 12d | 1 | 1.33mi |
| 15010 Cedargrove St Detroit, MI | 3.0 | 1.5 | 1018 | $1,350 | $1.33 | 45d | 1 | 1.36mi |
| 10985 Peerless St Detroit, MI | 3.0 | 1.0 | 1000 | $1,364 | $1.36 | 6d | 1 | 1.38mi |
| 11235 Roxbury St Detroit, MI | 3.0 | 1.0 | 1062 | $1,325 | $1.25 | 19d | 1 | 1.38mi |
| 20600 Balfour St Harper Woods, MI | 1.0–2.0 | 1.0–2.0 | 971 | $1,640 | $1.69 | 0d | 14 | 1.38mi |
| 14068 Carlisle St Detroit, MI | 3.0 | 1.0 | 1020 | $1,300 | $1.27 | 25d | 1 | 1.39mi |
| 10870 Marne St Detroit, MI | 3.0 | 1.0 | 1156 | $1,100 | $0.95 | 19d | 1 | 1.47mi |
Listing history 39 events
-
2026-05-22status Pending 903-char remark
Show marketing remark (903 chars)
INVESTOR SPECIAL! Solid brick 3-bedroom ranch with full basement and 2-car garage - packed with potential and value. Home features a spacious living room, large eat-in kitchen, and a full bathroom on the main level. The basement includes an additional, bathroom with shower, currently non-functional, offering a great opportunity for restoration and added convenience. Full-size basement matches the footprint of the home, providing abundant storage or future finishing options. Property sits on a wide lot with a vacant side lot next door, adding space and flexibility. Exterior brick is in strong condition, and the detached 2-car garage offers extra storage or workshop potential. Interior will need updates and the roof will require replacement - home is priced accordingly for the right buyer to bring vision and value. Tenant-occupied - please do not disturb. 24-hour notice required for showings.
-
2026-05-22status Pending
Show marketing remark (903 chars)
INVESTOR SPECIAL! Solid brick 3-bedroom ranch with full basement and 2-car garage - packed with potential and value. Home features a spacious living room, large eat-in kitchen, and a full bathroom on the main level. The basement includes an additional, bathroom with shower, currently non-functional, offering a great opportunity for restoration and added convenience. Full-size basement matches the footprint of the home, providing abundant storage or future finishing options. Property sits on a wide lot with a vacant side lot next door, adding space and flexibility. Exterior brick is in strong condition, and the detached 2-car garage offers extra storage or workshop potential. Interior will need updates and the roof will require replacement - home is priced accordingly for the right buyer to bring vision and value. Tenant-occupied - please do not disturb. 24-hour notice required for showings.
-
2026-04-21historical Active Under Contract
Show marketing remark (903 chars)
INVESTOR SPECIAL! Solid brick 3-bedroom ranch with full basement and 2-car garage - packed with potential and value. Home features a spacious living room, large eat-in kitchen, and a full bathroom on the main level. The basement includes an additional, bathroom with shower, currently non-functional, offering a great opportunity for restoration and added convenience. Full-size basement matches the footprint of the home, providing abundant storage or future finishing options. Property sits on a wide lot with a vacant side lot next door, adding space and flexibility. Exterior brick is in strong condition, and the detached 2-car garage offers extra storage or workshop potential. Interior will need updates and the roof will require replacement - home is priced accordingly for the right buyer to bring vision and value. Tenant-occupied - please do not disturb. 24-hour notice required for showings.
-
2026-04-21historical Accepting Backup Offers 903-char remark
Show marketing remark (903 chars)
INVESTOR SPECIAL! Solid brick 3-bedroom ranch with full basement and 2-car garage - packed with potential and value. Home features a spacious living room, large eat-in kitchen, and a full bathroom on the main level. The basement includes an additional, bathroom with shower, currently non-functional, offering a great opportunity for restoration and added convenience. Full-size basement matches the footprint of the home, providing abundant storage or future finishing options. Property sits on a wide lot with a vacant side lot next door, adding space and flexibility. Exterior brick is in strong condition, and the detached 2-car garage offers extra storage or workshop potential. Interior will need updates and the roof will require replacement - home is priced accordingly for the right buyer to bring vision and value. Tenant-occupied - please do not disturb. 24-hour notice required for showings.
-
2026-04-12$80,000 Active
Show marketing remark (903 chars)
INVESTOR SPECIAL! Solid brick 3-bedroom ranch with full basement and 2-car garage - packed with potential and value. Home features a spacious living room, large eat-in kitchen, and a full bathroom on the main level. The basement includes an additional, bathroom with shower, currently non-functional, offering a great opportunity for restoration and added convenience. Full-size basement matches the footprint of the home, providing abundant storage or future finishing options. Property sits on a wide lot with a vacant side lot next door, adding space and flexibility. Exterior brick is in strong condition, and the detached 2-car garage offers extra storage or workshop potential. Interior will need updates and the roof will require replacement - home is priced accordingly for the right buyer to bring vision and value. Tenant-occupied - please do not disturb. 24-hour notice required for showings.
-
2026-04-12$80,000 Active 903-char remark
Show marketing remark (903 chars)
INVESTOR SPECIAL! Solid brick 3-bedroom ranch with full basement and 2-car garage - packed with potential and value. Home features a spacious living room, large eat-in kitchen, and a full bathroom on the main level. The basement includes an additional, bathroom with shower, currently non-functional, offering a great opportunity for restoration and added convenience. Full-size basement matches the footprint of the home, providing abundant storage or future finishing options. Property sits on a wide lot with a vacant side lot next door, adding space and flexibility. Exterior brick is in strong condition, and the detached 2-car garage offers extra storage or workshop potential. Interior will need updates and the roof will require replacement - home is priced accordingly for the right buyer to bring vision and value. Tenant-occupied - please do not disturb. 24-hour notice required for showings.
-
2026-02-11historical
-
2026-02-11historical
-
2025-11-13$86,000 Active
-
2025-11-13$86,000 Active
-
2019-04-30historical
-
2019-04-30historical
-
2019-01-23status Active
-
2019-01-23status Active
-
2019-01-03status Pending
-
2019-01-03status Pending
-
2018-12-18price $26,000
-
2018-12-17price $26,000
-
2018-12-10price $30,000
-
2018-12-10price $30,000
-
2018-11-30$35,000 Active
-
2018-11-30$35,000 Active
-
2018-07-14historical
-
2018-07-14historical
-
2018-06-24$22,000 Active
-
2018-06-24$22,000 Active
-
2012-12-26soldstatus $7,007
-
2012-12-26soldstatus $7,007
-
2012-11-26historical
-
2012-11-16$7,000
-
2012-11-16$7,000
-
2001-08-10soldstatus $105,000
-
2001-06-20soldstatus $105,000
-
2001-05-03historical
-
2001-04-24$105,000
-
1996-11-08soldstatus $62,000
-
1996-10-04soldstatus $62,000
-
1996-08-21historical
-
1996-08-20$65,000
ⓘ 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
- $1,803 · $150/mo
- Projected year-2 tax
- $1,803 · $150/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 2/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,450
- − Mortgage interest
- −$4,481
- − Property taxes
- −$1,803
- − Insurance
- −$400
- − Repairs & maintenance
- −$1,316
- − Management
- −$1,316
- − Depreciation
- −$2,327
- Taxable income
- $4,806
- Est. tax owed @ 24.0%
- −$1,154
- After-tax cash flow
- $4,604/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
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)
- 34,187
- Household income
- $38,966
- Rent vs Own
- Severe rent burden
- 2121.0
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 (93%)
- Race & ethnicity
- Black 93% White 3% Two or more races 2%
- Foreign-born
- 1% · Canada
- Languages at home
- 98% English-only · Spanish 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
- ▼ -91.80%
- Current HPI
- 235.0926
- Rent YoY
- ▲ 1.33%
- 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 |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
|
||
| Healthcare / Medical Devices | 1 | $23B |
|
||
| Automotive Technology | 1 | $20B |
|
||
Price history
+23.1% since first listed39 events — show timeline
- 2026-05-22 Pending — MiRealSource-MiMLS
- 2026-05-22 Pending — REALCOMP
- 2026-04-21 Contingent — REALCOMP
- 2026-04-21 Contingent — MiRealSource-MiMLS
- 2026-04-12 Listed $80,000 REALCOMP
- 2026-04-12 Listed $80,000 MiRealSource-MiMLS
- 2026-02-11 Listing Removed — MiRealSource-MiMLS
- 2026-02-11 Listing Removed — REALCOMP
- 2025-11-13 Listed $86,000 REALCOMP
- 2025-11-13 Listed $86,000 MiRealSource-MiMLS
- 2019-04-30 Listing Removed — REALCOMP
- 2019-04-30 Listing Removed — MiRealSource-MiMLS
- 2019-01-23 Relisted — MiRealSource-MiMLS
- 2019-01-23 Relisted — REALCOMP
- 2019-01-03 Pending — MiRealSource-MiMLS
- 2019-01-03 Pending — REALCOMP
- 2018-12-18 Price Changed $26,000 MiRealSource-MiMLS
- 2018-12-17 Price Changed $26,000 REALCOMP
- 2018-12-10 Price Changed $30,000 MiRealSource-MiMLS
- 2018-12-10 Price Changed $30,000 REALCOMP
- 2018-11-30 Listed $35,000 MiRealSource-MiMLS
- 2018-11-30 Listed $35,000 REALCOMP
- 2018-07-14 Listing Removed — MiRealSource-MiMLS
- 2018-07-14 Listing Removed — REALCOMP
- 2018-06-24 Listed $22,000 MiRealSource-MiMLS
- 2018-06-24 Listed $22,000 REALCOMP
- 2012-12-26 Sold (MLS) $7,007 MiRealSource-MiMLS
- 2012-12-26 Sold (MLS) $7,007 REALCOMP
- 2012-11-26 Listing Removed — MiRealSource-MiMLS
- 2012-11-16 Listed $7,000 MiRealSource-MiMLS
- 2012-11-16 Listed $7,000 REALCOMP
- 2001-08-10 Sold (Public Records) $105,000 Public Records
- 2001-06-20 Sold (MLS) $105,000 MiRealSource-MiMLS
- 2001-05-03 Listing Removed — MiRealSource-MiMLS
- 2001-04-24 Listed $105,000 MiRealSource-MiMLS
- 1996-11-08 Sold (Public Records) $62,000 Public Records
- 1996-10-04 Sold (MLS) $62,000 MiRealSource-MiMLS
- 1996-08-21 Listing Removed — MiRealSource-MiMLS
- 1996-08-20 Listed $65,000 MiRealSource-MiMLS
Property tax history
+15.6%/yrLatest (2025): $1,803 · -54.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…