16444 Edmore Dr · Detroit, MI 48205

$50,000

4 bd · 1.0 ba · 1,234 sqft · SingleFamily public records · 69 Days on market

Built 1947 5,663 sqft lot $41/sqft · 48% below area Est $96k · 48% under ↓ 43% since listing

---

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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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

Listing remarks MLS

* * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

Key facts

• Entertainment area
• Solid foundation
• Huge deck

Tags

• HUGE BEDROOM ADDITION
• HEATED STUDIO APARTMENT
• ENTERTAINMENT AREA
• HUGE DECK
• SOLID FOUNDATION

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $50k.

Deal economics

• At list price, monthly cash flow is $784 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $50k).
• Recommended offer: $47k (6.0% below list) — sets the bar for market timing.
• Cap rate 25.1% vs local median 10.2% 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); 373 active listings in the ZIP; 29 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 44% 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 $346 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 $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 69 days — a 6% lower offer ($47k) is reasonable based on typical stale-listing flexibility.
• 18 sale attempts since 20y ago; this cycle's ask has dropped $30k (38%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $47,000 (6.0% below list)

Questions for the listing agent

1. It's been on market 69 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1947 — 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. 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: 2.86% ✓
• Cap rate: 25.10%
• Cash-on-cash: 67.16%
• DSCR: 3.99
• GRM: 2.9

CMA / ARV

• ARV (median comp): $95,827
• List price: $50,000
• Delta: -47.82%
• 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
16444 Edmore Dr	0.00mi	4/2.0	1,234 (0%)	1mo	$50,000	$41	95
15864 Bringard Dr	0.35mi	4/1.0	1,200 (-3%)	3mo	$75,000	$63	77
19977 Cushing St	0.28mi	3/1.0 (-1)	1,188 (-4%)	2mo	$60,000	$51	74
16267 Edmore Dr	0.11mi	3/1.0 (-1)	1,100 (-11%)	1mo	$122,500	$111	71
16610 Collingham Dr	0.11mi	3/1.5 (-1)	1,131 (-8%)	4mo	$53,025	$47	70
19745 Kelly Rd Rd	0.41mi	3/1.0 (-1)	1,176 (-5%)	1mo	$105,000	$89	67
16087 Collingham Dr	0.23mi	3/1.5 (-1)	1,339 (+8%)	2mo	$135,000	$101	66
16092 Manning St	0.48mi	3/1.5 (-1)	1,200 (-3%)	0mo	$20,000	$17	66
15709 Collingham Dr	0.45mi	3/1.0 (-1)	1,189 (-4%)	4mo	$115,000	$97	65
16419 Novara St	0.54mi	3/1.0 (-1)	1,200 (-3%)	5mo	$72,000	$60	61
15644 Carlisle St	0.51mi	3/1.0 (-1)	1,055 (-14%)	0mo	$129,900	$123	46
15275 Eastburn St	0.72mi	3/1.0 (-1)	1,100 (-11%)	2mo	$56,000	$51	42

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

5-year hold

• IRR: 64.6%
• Equity multiple: 3.82×
• Total profit: $39,460
• Equity at exit: $7,455

10-year hold

• IRR: 68.4%
• Equity multiple: 7.38×
• Total profit: $89,332
• Equity at exit: $4,323

Cash invested: $14,000 (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 48205

• Home prices YoY: -28.1%
• Rents YoY: 1.3%
• Active inventory: 373
• Price-to-rent: 2.9×

Monthly cashflow live

• Estimated rent: $1,429 high
• Mortgage (P&I): −$262
• Tax est. 1.5%: −$62 /mo · $750/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$300
• Net cashflow: $784

Break-even live

Break-even rent $437

Max offer price $50,000

Occupancy floor 40%

Sensitivity live

Price	-10% $818	-5% $801	+0% $784	+5% $766	+10% $749
Rent	-10% $671	-5% $727	+0% $784	+5% $840	+10% $896
Rate	-1.0pp $809	-0.5pp $796	base $784	+0.5pp $771	+1.0pp $757

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $12,500
• Closing costs: $1,500
• Reserves months: —
• Total cash needed: —

Rent comps 29 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16410 Edmore Dr Detroit, MI	3.0	1.0	850	$1,250	$1.47	15d	1	0.05mi
16291 Eastburn St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	25d	1	0.12mi
16242 Bringard Dr Detroit, MI	3.0	1.0	1350	$1,300	$0.96	5d	1	0.14mi
16225 Manning St Detroit, MI	4.0	2.0	1036	$1,475	$1.42	44d	1	0.42mi
15503 Edmore Dr Detroit, MI	3.0	1.0	1285	$1,100	$0.86	44d	1	0.59mi
15909 Maddelein St Detroit, MI	3.0	1.0	894	$1,266	$1.42	44d	1	0.77mi
18530 Kingsville St Harper Woods, MI	3.0	1.5	1396	$1,375	$0.98	18d	1	0.80mi
15604 Coram St Detroit, MI	3.0	1.0	1210	$1,000	$0.83	44d	1	0.82mi
19152 Woodside St Harper Woods, MI	3.0	1.0	916	$1,500	$1.64	18d	1	0.83mi
22030 Cushing Ave Eastpointe, MI	3.0	2.0	1300	$1,650	$1.27	5d	1	0.94mi
15616 E 7 Mile Rd Detroit, MI	3.0	1.5	1150	$1,150	$1.00	18d	1	0.94mi
19365 Kingsville St Harper Woods, MI	4.0	1.5	996	$1,650	$1.66	15d	1	1.08mi
12716 Riad St Detroit, MI	3.0	1.0	974	$1,275	$1.31	18d	1	1.09mi
19442 Kingsville St Harper Woods, MI	3.0	1.0	1000	$1,500	$1.50	18d	1	1.16mi
19435 McCormick St Detroit, MI	3.0	2.0	1148	$1,300	$1.13	18d	1	1.17mi
19661 Kenosha St Harper Woods, MI	3.0	2.0	1000	$1,400	$1.40	25d	1	1.18mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	15d	1	1.21mi
20015 Lochmoor St Harper Woods, MI	3.0	1.0	1006	$1,500	$1.49	17d	1	1.21mi
12075 Rossiter St Detroit, MI	3.0	1.0	1100	$1,245	$1.13	44d	1	1.21mi
14504 Coram St Detroit, MI	3.0	1.0	1203	$1,175	$0.98	25d	1	1.34mi
15494 Mapleridge St Detroit, MI	3.0	1.0	937	$1,275	$1.36	44d	1	1.36mi
14461 Lappin St Detroit, MI	3.0	1.5	989	$1,150	$1.16	18d	1	1.40mi
14134 Collingham Dr Detroit, MI	3.0	1.5	1300	$1,350	$1.04	44d	1	1.41mi
11776 Rossiter St Detroit, MI	3.0	1.0	964	$1,150	$1.19	12d	1	1.41mi
14481 Maddelein St Detroit, MI	3.0	1.0	1200	$1,100	$0.92	44d	1	1.42mi
19982 McCormick St Detroit, MI	3.0	1.0	866	$1,200	$1.39	4d	1	1.44mi
20270 Hollywood St Harper Woods, MI	3.0	1.0	1228	$1,650	$1.34	0d	1	1.44mi
11911 Lansdowne St Detroit, MI	4.0	1.0	1350	$1,400	$1.04	44d	1	1.46mi
14068 Carlisle St Detroit, MI	3.0	1.0	1020	$1,300	$1.27	25d	1	1.47mi

Listing history 50 events

1. 2026-05-15
   status Pending 821-char remark

   Show marketing remark (821 chars)

   * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

2. 2026-05-15
   status Pending 821-char remark

   Show marketing remark (821 chars)

   * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

3. 2026-05-13
   price $50,000 821-char remark

   Show marketing remark (821 chars)

   * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

4. 2026-05-13
   price $50,000 821-char remark

   Show marketing remark (821 chars)

   * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

5. 2026-05-02
   price $60,000 821-char remark

   Show marketing remark (821 chars)

   * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

6. 2026-05-02
   price $60,000 821-char remark

   Show marketing remark (821 chars)

   * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

7. 2026-04-30
   status Active 821-char remark

   Show marketing remark (821 chars)

   * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

8. 2026-04-30
   status Active 821-char remark

   Show marketing remark (821 chars)

   * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

9. 2026-04-24
   status Pending 821-char remark

   Show marketing remark (821 chars)

   * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

10. 2026-04-24
    status Pending 821-char remark

    Show marketing remark (821 chars)

    * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

11. 2026-04-18
    price $65,000 821-char remark

    Show marketing remark (821 chars)

    * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

12. 2026-04-17
    price $65,000 821-char remark

    Show marketing remark (821 chars)

    * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

13. 2026-04-04
    price $75,000 821-char remark

    Show marketing remark (821 chars)

    * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

14. 2026-04-04
    status Active 821-char remark

    Show marketing remark (821 chars)

    * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

15. 2026-04-04
    status Active 821-char remark

    Show marketing remark (821 chars)

    * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

16. 2026-04-04
    price $75,000 821-char remark

    Show marketing remark (821 chars)

    * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

17. 2026-04-02
    status Pending 821-char remark

    Show marketing remark (821 chars)

    * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

18. 2026-04-02
    status Pending 821-char remark

    Show marketing remark (821 chars)

    * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

19. 2026-03-10
    status Active 821-char remark

    Show marketing remark (821 chars)

    * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

20. 2026-03-10
    status Active 821-char remark

    Show marketing remark (821 chars)

    * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

21. 2026-02-12
    status Pending 821-char remark

    Show marketing remark (821 chars)

    * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

22. 2026-02-11
    status Pending 821-char remark

    Show marketing remark (821 chars)

    * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

23. 2026-02-03
    listed $80,000 Active 821-char remark

    Show marketing remark (821 chars)

    * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

24. 2026-02-03
    listed $80,000 Active 821-char remark

    Show marketing remark (821 chars)

    * * Opportunity * * This 4 bedroom bungalow is built for entertainment! Huge bedroom or entertainment room addition in the back, and garage has been converted into a heated studio apartment/in-law suite/entertainment area with kitchen and full bathroom. There is a huge deck out back that is believed to be designed for an above ground pool in the back yard. The home has a solid foundation, but there is renovation needed and the furnaces and hot water tanks are missing, so this is a project perfect for an investor or owner occupant who wants a unique home that is great for hosting events, so long as they are prepared to do some renovations before moving in. This is cash only because it is not appraisal ready. Buyer to pay $495 transaction fee to list office. Clear title with warranty deed and title insurance.

25. 2025-11-13
    historical
26. 2025-11-13
    historical
27. 2025-11-05
    price $92,000
28. 2025-11-04
    price $92,000
29. 2025-09-04
    price $99,000
30. 2025-09-04
    price $99,000
31. 2025-05-22
    listed $105,000 Active
32. 2025-05-22
    listed $105,000 Active
33. 2025-05-22
    historical
34. 2025-05-22
    historical
35. 2025-04-01
    price $110,000
36. 2025-04-01
    price $110,000
37. 2025-01-09
    listed $115,000 Active
38. 2025-01-09
    listed $115,000 Active
39. 2021-11-17
    soldstatus $96,900
40. 2021-02-26
    historical
41. 2021-02-26
    historical
42. 2021-02-22
    status Pending
43. 2021-01-13
    listed $75,000 Active
44. 2021-01-13
    listed $75,000
45. 2017-06-27
    soldstatus $85,900
46. 2016-10-05
    soldstatus $83,854
47. 2016-04-19
    soldstatus $82,700
48. 2010-11-11
    soldstatus $12,901
49. 2010-11-11
    soldstatus $12,901
50. 2010-10-26
    historical

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥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

Taxation est. · year 1

• Rental income: $17,150
• − Mortgage interest: −$2,801
• − Property taxes: −$750
• − Insurance: −$250
• − Repairs & maintenance: −$1,372
• − Management: −$1,372
• − Depreciation: −$1,455
• Taxable income: $9,151
• Est. tax owed @ 24.0%: −$2,196
• After-tax cash flow: $7,206/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): 34,187
• Household income: $38,966
• Rent vs Own: 49.4% rent · 50.6% 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
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

-42.9% since first listed

58 events — show timeline

• 2026-05-15 Pending — MiRealSource-MiMLS
• 2026-05-15 Pending — REALCOMP
• 2026-05-13 Price Changed $50,000 MiRealSource-MiMLS
• 2026-05-13 Price Changed $50,000 REALCOMP
• 2026-05-02 Price Changed $60,000 MiRealSource-MiMLS
• 2026-05-02 Price Changed $60,000 REALCOMP
• 2026-04-30 Relisted — MiRealSource-MiMLS
• 2026-04-30 Relisted — REALCOMP
• 2026-04-24 Pending — MiRealSource-MiMLS
• 2026-04-24 Pending — REALCOMP
• 2026-04-18 Price Changed $65,000 MiRealSource-MiMLS
• 2026-04-17 Price Changed $65,000 REALCOMP
• 2026-04-04 Price Changed $75,000 MiRealSource-MiMLS
• 2026-04-04 Relisted — MiRealSource-MiMLS
• 2026-04-04 Relisted — REALCOMP
• 2026-04-04 Price Changed $75,000 REALCOMP
• 2026-04-02 Pending — MiRealSource-MiMLS
• 2026-04-02 Pending — REALCOMP
• 2026-03-10 Relisted — MiRealSource-MiMLS
• 2026-03-10 Relisted — REALCOMP
• 2026-02-12 Pending — MiRealSource-MiMLS
• 2026-02-11 Pending — REALCOMP
• 2026-02-03 Listed $80,000 MiRealSource-MiMLS
• 2026-02-03 Listed $80,000 REALCOMP
• 2025-11-13 Listing Removed — REALCOMP
• 2025-11-13 Listing Removed — MiRealSource-MiMLS
• 2025-11-05 Price Changed $92,000 MiRealSource-MiMLS
• 2025-11-04 Price Changed $92,000 REALCOMP
• 2025-09-04 Price Changed $99,000 MiRealSource-MiMLS
• 2025-09-04 Price Changed $99,000 REALCOMP
• 2025-05-22 Listed $105,000 REALCOMP
• 2025-05-22 Listing Removed — REALCOMP
• 2025-05-22 Listing Removed — MiRealSource-MiMLS
• 2025-05-22 Listed $105,000 MiRealSource-MiMLS
• 2025-04-01 Price Changed $110,000 MiRealSource-MiMLS
• 2025-04-01 Price Changed $110,000 REALCOMP
• 2025-01-09 Listed $115,000 REALCOMP
• 2025-01-09 Listed $115,000 MiRealSource-MiMLS
• 2021-11-17 Sold (Public Records) $96,900 Public Records
• 2021-02-26 Listing Removed — MiRealSource-MiMLS
• 2021-02-26 Listing Removed — REALCOMP
• 2021-02-22 Pending — MiRealSource-MiMLS
• 2021-01-13 Listed $75,000 REALCOMP
• 2021-01-13 Listed $75,000 MiRealSource-MiMLS
• 2017-06-27 Sold (Public Records) $85,900 Public Records
• 2016-10-05 Sold (Public Records) $83,854 Public Records
• 2016-04-19 Sold (Public Records) $82,700 Public Records
• 2010-11-11 Sold (MLS) $12,901 MiRealSource-MiMLS
• 2010-11-11 Sold (MLS) $12,901 REALCOMP
• 2010-10-26 Listing Removed — MiRealSource-MiMLS
• 2010-09-28 Listed $13,900 REALCOMP
• 2010-09-25 Listed $13,900 MiRealSource-MiMLS
• 2006-10-31 Sold (Public Records) $87,500 Public Records
• 2006-04-28 Sold (MLS) $87,500 REALCOMP
• 2006-04-28 Sold (MLS) $87,500 MiRealSource-MiMLS
• 2006-04-07 Listing Removed — MiRealSource-MiMLS
• 2006-03-28 Listed $87,500 REALCOMP
• 2006-03-24 Listed $87,500 MiRealSource-MiMLS

Property tax history

+3.5%/yr

Latest (2025): $2,688 · -10.5% YoY. Source: county tax records.