5959 Alan Dr #56 · Brighton, MI 48116

$85,000

2 bd · 1.5 ba · 1,250 sqft · Condo · 156 Days on market

Built 1968 Good condition $68/sqft · 12% below area Est $96k · 12% under $772/mo HOA · 28% of rent

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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 +12.8/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +5.8/10.0
• Livability +3.9/5.0
• Condition / age +3.8/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

MOTIVATED SELLER! OPPORTUNITY FOR AFFORDABLE 55+ COMMUNITY!! LOCATION, AMENITY OF NEAR DOWNTOWN BRIGHTON SHOPPING AND RESTUARANTS , PLUS WOODRUFF LAKE PRIVILEGES, MOVE IN CONDITION COOP CONDO!! FRESHLY PAINTED THROUGHOUT, TRUE HARDWOOD FLOORING ON MAIN FLOOR 2024! NEW IN JULY 2025, UPGRADED NEUTRAL CARPETING ON SECOND FLOOR BEDROOMS & HALLWAY. SPACIOUS LIVING ROOM, OPEN TO KITCHEN WITH NEW COUNTER TOPS & SINK, JULY 2025. UPDATES IN BOTH BATHROOMS. SOME NEW LIGHTING! BASEMENT IS FINISHED FOR EXTRA LIVING SPACE. SEPARATE LAUNDRY ROOM W/ WASHER & DRYER ASSOCIATION FEE INCLUDES TAXES, BUILDING INSURANCE, HEAT, WATER, GROUND MAINTENANCE, SNOW REMOVAL, BUILDING MAINTENANCE, TRASH. ENJOY SUMMER FUN WITH WOODRUFF LAKE BEACH ACCESS, KAYAKING FISHING , PICNICING AND MORE!! CLOSE TO KENSINGTON AND ISLAND LAKE METRO PARKS. CASH OFFER!! CHECK OUT THE PICTURES AND VIDEO TOUR!

Key facts

• Finished basement
• $772 HOA
• Built 1968

Tags

• NEAR DOWNTOWN BRIGHTON
• TRUE HARDWOOD FLOORING
• UPGRADED NEUTRAL CARPETING
• FINISHED BASEMENT
• WOODRUFF LAKE BEACH ACCESS

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath condo listed at $85k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $849 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $85k).
• Recommended offer: $75k (12.0% below list) — sets the bar for market timing.
• Cap rate 18.3% vs local median 3.4% in Brighton — 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 78/100 on livability (#108 in MI, #2,621 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• Brighton Area Schools (suburban): math 59% / reading 69% proficiency, ranked #22 of 540 in MI (top 4%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 10% free/reduced lunch — higher-income household profile.
• Zoned schools: Spencer Road Elementary School (math 72% / reading 72%, grade A-, #51 of 1,397 statewide, top 5%, 510 students, 14% FRL); Scranton Middle School (math 56% / reading 71%, grade B+, #42 of 493 statewide, top 8%, 828 students, 16% FRL); Brighton High School (math 54% / reading 75%, grade B-, #46 of 713 statewide, top 7%, 1,961 students, 13% FRL) — zoned schools at 14% FRL track the district average.
• Market conditions: 181 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 488 units permitted in Livingston County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($107k/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 $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Livingston County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $24k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 156 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 31y ago; this cycle's ask has dropped $10k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $51k; list at $85k implies a 66% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 28% of rent.

Recommended offer $74,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 156 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 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 3.29% ✓
• Cap rate: 18.27%
• Cash-on-cash: 42.78%
• DSCR: 2.90
• GRM: 2.5

CMA / ARV

• ARV (median comp): $96,365
• List price: $85,000
• Delta: -11.79%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 39.9%
• Equity multiple: 2.71×
• Total profit: $40,787
• Equity at exit: $12,674

10-year hold

• IRR: 46.3%
• Equity multiple: 5.50×
• Total profit: $107,205
• Equity at exit: $7,349

Cash invested: $23,800 (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 48116

• Active inventory: 181
• Price-to-rent: 2.5×

Monthly cashflow live

• Estimated rent: $2,795 medium
• Mortgage (P&I): −$446
• Tax est. 1.5%: −$106 /mo · $1,275/yr
• Insurance: −$35
• HOA: −$772
• Vacancy / Maint / Mgmt: −$587
• Net cashflow: $849

Break-even live

Break-even rent $1,721

Max offer price $85,000

Occupancy floor 65%

Sensitivity live

Price	-10% $907	-5% $878	+0% $849	+5% $819	+10% $790
Rent	-10% $628	-5% $738	+0% $849	+5% $959	+10% $1,069
Rate	-1.0pp $891	-0.5pp $870	base $849	+0.5pp $827	+1.0pp $804

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: $21,250
• Closing costs: $2,550
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11399 Izik's Way Brighton, MI	3.0	2.5	1726	$3,018	$1.75	0d	1	0.13mi
12640 Grand River Ave Unit 11A Brighton, MI	2.0	1.0	900	$900	$1.00	23d	1	1.38mi

HOA detail condo

• Monthly dues: $772 · $9,264/yr
• Likely covers: watertrashsnow removalinsurance
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 34 events

1. 2026-06-21
   days on market $85,000 Active 156 DOM
2. 2026-06-18
   days on market $85,000 Active 153 DOM
3. 2026-06-17
   days on market $85,000 Active 152 DOM
4. 2026-06-16
   days on market $85,000 Active 151 DOM
5. 2026-06-15
   days on market $85,000 Active 150 DOM
6. 2026-06-13
   days on market $85,000 Active 148 DOM
7. 2026-06-13
   days on market $85,000 Active 147 DOM
8. 2026-06-09
   days on market $85,000 Active 144 DOM
9. 2026-06-08
   days on market $85,000 Active 143 DOM
10. 2026-06-07
    days on market $85,000 Active 142 DOM
11. 2026-06-04
    days on market $85,000 Active 139 DOM
12. 2026-06-03
    days on market $85,000 Active 138 DOM
13. 2026-06-02
    days on market $85,000 Active 137 DOM
14. 2026-06-01
    days on market $85,000 Active 136 DOM
15. 2026-05-31
    days on market $85,000 Active 135 DOM
16. 2026-05-20
    status Active 892-char remark

    Show marketing remark (908 chars)

    MOTIVATED SELLER! OPPORTUNITY FOR AFFORDABLE 55+ COMMUNITY!! LOCATION, AMENITY OF NEAR DOWNTOWN BRIGHTON SHOPPING AND RESTUARANTS , PLUS WOODRUFF LAKE PRIVILEGES, MOVE IN CONDITION COOP CONDO!! FRESHLY PAINTED THROUGHOUT, TRUE HARDWOOD FLOORING ON MAIN FLOOR 2024! NEW IN JULY 2025, UPGRADED NEUTRAL CARPETING ON SECOND FLOOR BEDROOMS & HALLWAY. SPACIOUS LIVING ROOM, OPEN TO KITCHEN WITH NEW COUNTER TOPS & SINK, JULY 2025. UPDATES IN BOTH BATHROOMS. SOME NEW LIGHTING! BASEMENT IS FINISHED FOR EXTRA LIVING SPACE. SEPARATE LAUNDRY ROOM W/ WASHER & DRYER ASSOCIATION FEE INCLUDES TAXES, BUILDING INSURANCE, HEAT, WATER, GROUND MAINTENANCE, SNOW REMOVAL, BUILDING MAINTENANCE, TRASH. ENJOY SUMMER FUN WITH WOODRUFF LAKE BEACH ACCESS, KAYAKING FISHING , PICNICING AND MORE!! CLOSE TO KENSINGTON AND ISLAND LAKE METRO PARKS. CASH OFFER!! CHECK OUT THE PICTURES AND VIDEO TOUR!

17. 2026-05-20
    status Active 908-char remark

    Show marketing remark (908 chars)

    MOTIVATED SELLER! OPPORTUNITY FOR AFFORDABLE 55+ COMMUNITY!! LOCATION, AMENITY OF NEAR DOWNTOWN BRIGHTON SHOPPING AND RESTUARANTS , PLUS WOODRUFF LAKE PRIVILEGES, MOVE IN CONDITION COOP CONDO!! FRESHLY PAINTED THROUGHOUT, TRUE HARDWOOD FLOORING ON MAIN FLOOR 2024! NEW IN JULY 2025, UPGRADED NEUTRAL CARPETING ON SECOND FLOOR BEDROOMS & HALLWAY. SPACIOUS LIVING ROOM, OPEN TO KITCHEN WITH NEW COUNTER TOPS & SINK, JULY 2025. UPDATES IN BOTH BATHROOMS. SOME NEW LIGHTING! BASEMENT IS FINISHED FOR EXTRA LIVING SPACE. SEPARATE LAUNDRY ROOM W/ WASHER & DRYER ASSOCIATION FEE INCLUDES TAXES, BUILDING INSURANCE, HEAT, WATER, GROUND MAINTENANCE, SNOW REMOVAL, BUILDING MAINTENANCE, TRASH. ENJOY SUMMER FUN WITH WOODRUFF LAKE BEACH ACCESS, KAYAKING FISHING , PICNICING AND MORE!! CLOSE TO KENSINGTON AND ISLAND LAKE METRO PARKS. CASH OFFER!! CHECK OUT THE PICTURES AND VIDEO TOUR!

18. 2026-05-15
    historical Accepting Backup Offers 892-char remark

    Show marketing remark (908 chars)

    MOTIVATED SELLER! OPPORTUNITY FOR AFFORDABLE 55+ COMMUNITY!! LOCATION, AMENITY OF NEAR DOWNTOWN BRIGHTON SHOPPING AND RESTUARANTS , PLUS WOODRUFF LAKE PRIVILEGES, MOVE IN CONDITION COOP CONDO!! FRESHLY PAINTED THROUGHOUT, TRUE HARDWOOD FLOORING ON MAIN FLOOR 2024! NEW IN JULY 2025, UPGRADED NEUTRAL CARPETING ON SECOND FLOOR BEDROOMS & HALLWAY. SPACIOUS LIVING ROOM, OPEN TO KITCHEN WITH NEW COUNTER TOPS & SINK, JULY 2025. UPDATES IN BOTH BATHROOMS. SOME NEW LIGHTING! BASEMENT IS FINISHED FOR EXTRA LIVING SPACE. SEPARATE LAUNDRY ROOM W/ WASHER & DRYER ASSOCIATION FEE INCLUDES TAXES, BUILDING INSURANCE, HEAT, WATER, GROUND MAINTENANCE, SNOW REMOVAL, BUILDING MAINTENANCE, TRASH. ENJOY SUMMER FUN WITH WOODRUFF LAKE BEACH ACCESS, KAYAKING FISHING , PICNICING AND MORE!! CLOSE TO KENSINGTON AND ISLAND LAKE METRO PARKS. CASH OFFER!! CHECK OUT THE PICTURES AND VIDEO TOUR!

19. 2026-05-15
    historical Active Under Contract 908-char remark

    Show marketing remark (908 chars)

    MOTIVATED SELLER! OPPORTUNITY FOR AFFORDABLE 55+ COMMUNITY!! LOCATION, AMENITY OF NEAR DOWNTOWN BRIGHTON SHOPPING AND RESTUARANTS , PLUS WOODRUFF LAKE PRIVILEGES, MOVE IN CONDITION COOP CONDO!! FRESHLY PAINTED THROUGHOUT, TRUE HARDWOOD FLOORING ON MAIN FLOOR 2024! NEW IN JULY 2025, UPGRADED NEUTRAL CARPETING ON SECOND FLOOR BEDROOMS & HALLWAY. SPACIOUS LIVING ROOM, OPEN TO KITCHEN WITH NEW COUNTER TOPS & SINK, JULY 2025. UPDATES IN BOTH BATHROOMS. SOME NEW LIGHTING! BASEMENT IS FINISHED FOR EXTRA LIVING SPACE. SEPARATE LAUNDRY ROOM W/ WASHER & DRYER ASSOCIATION FEE INCLUDES TAXES, BUILDING INSURANCE, HEAT, WATER, GROUND MAINTENANCE, SNOW REMOVAL, BUILDING MAINTENANCE, TRASH. ENJOY SUMMER FUN WITH WOODRUFF LAKE BEACH ACCESS, KAYAKING FISHING , PICNICING AND MORE!! CLOSE TO KENSINGTON AND ISLAND LAKE METRO PARKS. CASH OFFER!! CHECK OUT THE PICTURES AND VIDEO TOUR!

20. 2026-04-14
    price $85,000 892-char remark

    Show marketing remark (908 chars)

    MOTIVATED SELLER! OPPORTUNITY FOR AFFORDABLE 55+ COMMUNITY!! LOCATION, AMENITY OF NEAR DOWNTOWN BRIGHTON SHOPPING AND RESTUARANTS , PLUS WOODRUFF LAKE PRIVILEGES, MOVE IN CONDITION COOP CONDO!! FRESHLY PAINTED THROUGHOUT, TRUE HARDWOOD FLOORING ON MAIN FLOOR 2024! NEW IN JULY 2025, UPGRADED NEUTRAL CARPETING ON SECOND FLOOR BEDROOMS & HALLWAY. SPACIOUS LIVING ROOM, OPEN TO KITCHEN WITH NEW COUNTER TOPS & SINK, JULY 2025. UPDATES IN BOTH BATHROOMS. SOME NEW LIGHTING! BASEMENT IS FINISHED FOR EXTRA LIVING SPACE. SEPARATE LAUNDRY ROOM W/ WASHER & DRYER ASSOCIATION FEE INCLUDES TAXES, BUILDING INSURANCE, HEAT, WATER, GROUND MAINTENANCE, SNOW REMOVAL, BUILDING MAINTENANCE, TRASH. ENJOY SUMMER FUN WITH WOODRUFF LAKE BEACH ACCESS, KAYAKING FISHING , PICNICING AND MORE!! CLOSE TO KENSINGTON AND ISLAND LAKE METRO PARKS. CASH OFFER!! CHECK OUT THE PICTURES AND VIDEO TOUR!

21. 2026-04-14
    price $85,000 908-char remark

    Show marketing remark (908 chars)

    MOTIVATED SELLER! OPPORTUNITY FOR AFFORDABLE 55+ COMMUNITY!! LOCATION, AMENITY OF NEAR DOWNTOWN BRIGHTON SHOPPING AND RESTUARANTS , PLUS WOODRUFF LAKE PRIVILEGES, MOVE IN CONDITION COOP CONDO!! FRESHLY PAINTED THROUGHOUT, TRUE HARDWOOD FLOORING ON MAIN FLOOR 2024! NEW IN JULY 2025, UPGRADED NEUTRAL CARPETING ON SECOND FLOOR BEDROOMS & HALLWAY. SPACIOUS LIVING ROOM, OPEN TO KITCHEN WITH NEW COUNTER TOPS & SINK, JULY 2025. UPDATES IN BOTH BATHROOMS. SOME NEW LIGHTING! BASEMENT IS FINISHED FOR EXTRA LIVING SPACE. SEPARATE LAUNDRY ROOM W/ WASHER & DRYER ASSOCIATION FEE INCLUDES TAXES, BUILDING INSURANCE, HEAT, WATER, GROUND MAINTENANCE, SNOW REMOVAL, BUILDING MAINTENANCE, TRASH. ENJOY SUMMER FUN WITH WOODRUFF LAKE BEACH ACCESS, KAYAKING FISHING , PICNICING AND MORE!! CLOSE TO KENSINGTON AND ISLAND LAKE METRO PARKS. CASH OFFER!! CHECK OUT THE PICTURES AND VIDEO TOUR!

22. 2026-02-17
    status Active 908-char remark

    Show marketing remark (908 chars)

    MOTIVATED SELLER! OPPORTUNITY FOR AFFORDABLE 55+ COMMUNITY!! LOCATION, AMENITY OF NEAR DOWNTOWN BRIGHTON SHOPPING AND RESTUARANTS , PLUS WOODRUFF LAKE PRIVILEGES, MOVE IN CONDITION COOP CONDO!! FRESHLY PAINTED THROUGHOUT, TRUE HARDWOOD FLOORING ON MAIN FLOOR 2024! NEW IN JULY 2025, UPGRADED NEUTRAL CARPETING ON SECOND FLOOR BEDROOMS & HALLWAY. SPACIOUS LIVING ROOM, OPEN TO KITCHEN WITH NEW COUNTER TOPS & SINK, JULY 2025. UPDATES IN BOTH BATHROOMS. SOME NEW LIGHTING! BASEMENT IS FINISHED FOR EXTRA LIVING SPACE. SEPARATE LAUNDRY ROOM W/ WASHER & DRYER ASSOCIATION FEE INCLUDES TAXES, BUILDING INSURANCE, HEAT, WATER, GROUND MAINTENANCE, SNOW REMOVAL, BUILDING MAINTENANCE, TRASH. ENJOY SUMMER FUN WITH WOODRUFF LAKE BEACH ACCESS, KAYAKING FISHING , PICNICING AND MORE!! CLOSE TO KENSINGTON AND ISLAND LAKE METRO PARKS. CASH OFFER!! CHECK OUT THE PICTURES AND VIDEO TOUR!

23. 2026-02-16
    historical 908-char remark

    Show marketing remark (908 chars)

    MOTIVATED SELLER! OPPORTUNITY FOR AFFORDABLE 55+ COMMUNITY!! LOCATION, AMENITY OF NEAR DOWNTOWN BRIGHTON SHOPPING AND RESTUARANTS , PLUS WOODRUFF LAKE PRIVILEGES, MOVE IN CONDITION COOP CONDO!! FRESHLY PAINTED THROUGHOUT, TRUE HARDWOOD FLOORING ON MAIN FLOOR 2024! NEW IN JULY 2025, UPGRADED NEUTRAL CARPETING ON SECOND FLOOR BEDROOMS & HALLWAY. SPACIOUS LIVING ROOM, OPEN TO KITCHEN WITH NEW COUNTER TOPS & SINK, JULY 2025. UPDATES IN BOTH BATHROOMS. SOME NEW LIGHTING! BASEMENT IS FINISHED FOR EXTRA LIVING SPACE. SEPARATE LAUNDRY ROOM W/ WASHER & DRYER ASSOCIATION FEE INCLUDES TAXES, BUILDING INSURANCE, HEAT, WATER, GROUND MAINTENANCE, SNOW REMOVAL, BUILDING MAINTENANCE, TRASH. ENJOY SUMMER FUN WITH WOODRUFF LAKE BEACH ACCESS, KAYAKING FISHING , PICNICING AND MORE!! CLOSE TO KENSINGTON AND ISLAND LAKE METRO PARKS. CASH OFFER!! CHECK OUT THE PICTURES AND VIDEO TOUR!

24. 2026-01-15
    listed $94,900 Active 908-char remark

    Show marketing remark (892 chars)

    MOTIVATED SELLER! OPPORTUNITY FOR AFFORDABLE 55+ COMMUNITY!! LOCATION, AMENITY OF NEAR DOWNTOWN BRIGHTON SHOPPING AND RESTUARANTS , PLUS WOODRUFF LAKE PRIVILEGES, MOVE IN CONDITION COOP CONDO!! FRESHLY PAINTED THROUGHOUT, TRUE HARDWOOD FLOORING ON MAIN FLOOR 2024! NEW IN JULY 2025, UPGRADED NEUTRAL CARPETING ON SECOND FLOOR BEDROOMS & HALLWAY. SPACIOUS LIVING ROOM, OPEN TO KITCHEN WITH NEW COUNTER TOPS & SINK, JULY 2025. UPDATES IN BOTH BATHROOMS. SOME NEW LIGHTING! BASEMENT IS FINISHED FOR EXTRA LIVING SPACE. SEPARATE LAUNDRY ROOM W/ WASHER & DRYER ASSOCIATION FEE INCLUDES TAXES, BUILDING INSURANCE, HEAT, WATER, GROUND MAINTENANCE, SNOW REMOVAL, BUILDING MAINTENANCE, TRASH. ENJOY SUMMER FUN WITH WOODRUFF LAKE BEACH ACCESS, KAYAKING FISHING , PICNICING AND MORE!! CLOSE TO KENSINGTON AND ISLAND LAKE METRO PARKS. CASH OFFER!! CHECK OUT THE PICTURES AND VIDEO TOUR!

25. 2026-01-15
    listed $94,900 Active 892-char remark

    Show marketing remark (892 chars)

    MOTIVATED SELLER! OPPORTUNITY FOR AFFORDABLE 55+ COMMUNITY!! LOCATION, AMENITY OF NEAR DOWNTOWN BRIGHTON SHOPPING AND RESTUARANTS , PLUS WOODRUFF LAKE PRIVILEGES, MOVE IN CONDITION COOP CONDO!! FRESHLY PAINTED THROUGHOUT, TRUE HARDWOOD FLOORING ON MAIN FLOOR 2024! NEW IN JULY 2025, UPGRADED NEUTRAL CARPETING ON SECOND FLOOR BEDROOMS & HALLWAY. SPACIOUS LIVING ROOM, OPEN TO KITCHEN WITH NEW COUNTER TOPS & SINK, JULY 2025. UPDATES IN BOTH BATHROOMS. SOME NEW LIGHTING! BASEMENT IS FINISHED FOR EXTRA LIVING SPACE. SEPARATE LAUNDRY ROOM W/ WASHER & DRYER ASSOCIATION FEE INCLUDES TAXES, BUILDING INSURANCE, HEAT, WATER, GROUND MAINTENANCE, SNOW REMOVAL, BUILDING MAINTENANCE, TRASH. ENJOY SUMMER FUN WITH WOODRUFF LAKE BEACH ACCESS, KAYAKING FISHING , PICNICING AND MORE!! CLOSE TO KENSINGTON AND ISLAND LAKE METRO PARKS. CASH OFFER!! CHECK OUT THE PICTURES AND VIDEO TOUR!

26. 2026-01-12
    historical
27. 2025-12-05
    price $94,900
28. 2025-12-05
    price $94,900
29. 2025-09-03
    price $99,000
30. 2025-09-02
    price $99,000
31. 2025-07-13
    listed $110,000 Active
32. 2025-07-13
    listed $110,000 Active
33. 1996-07-15
    soldstatus $51,300
34. 1995-07-24
    listed $51,300

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,539
• − Mortgage interest: −$4,761
• − Property taxes: −$1,275
• − Insurance: −$425
• − Repairs & maintenance: −$2,683
• − Management: −$2,683
• − HOA: −$9,264
• − Depreciation: −$2,473
• Taxable income: $9,974
• Est. tax owed @ 24.0%: −$2,394
• After-tax cash flow: $7,789/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.

Condition & rehab AI · 12 photos

Good 75/100 None rehab

This 55+ community condo is in excellent condition with recent updates and move-in ready. The property offers a great location and amenities.

Value-add opportunities

• Both landscaping — enhances curb appeal and adds value
• Both painting — fresh paint improves appearance and value
• Both upgrading appliances — newer appliances increase appeal and value

Renovation cost estimate screening

Value-add ROI direction

• Both landscaping — enhances curb appeal and adds value ↑
• Both painting — fresh paint improves appearance and value ↑
• Both upgrading appliances — newer appliances increase appeal and value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Brighton Area Schools
• NCES district ID: 2606870
• Math proficiency: 59% ▼ -3.00%
• Reading proficiency: 69% ▼ -2.00%
• Median HH income: $84,114
• Composite: 57.62/100
• National rank: #1062
• State rank: #22 of 540 in MI

Livability — Brighton

• Score: 78/100
• State rank: #108
• US rank: #2621

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Livingston County · 121,626 people
• City population: 27,289
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 27,289
• Household income: $106,763
• Rent vs Own: 14.7% rent · 85.3% own
• Severe rent burden: 495.0

Population outlook (Livingston County) Hauer SSP2

• Today (2025): 202,920 people
• By 2030: 209,173 · +3.1%
• By 2040: 216,878 · +6.9%
• By 2050: 217,485 · +7.2%
• By 2075: 217,590 · +7.2%
• By 2100: 197,095 · -2.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 4% Hispanic / Latino 2% Asian 1%
• Common ancestry: Romanian 12% Italian 6% Lithuanian 4%
• Foreign-born: 4% · Canada, China
• Languages at home: 96% English-only · Other Indo-European 1% German/W. Germanic 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Livingston

• 2024 margin: Strong R (+23.9) · D 37.4% · R 61.3% · Other 1.3%
• 2008→2024 swing: -10.7pp toward R · 2008: -13.3pp · 2024: -23.9pp
• All cycles: 2024: R+23.9 2020: R+22.6 2016: R+29.6 2012: R+23.3 2008: R+13.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -300.62%
• Current HPI: 183.6902
• 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

+65.7% since first listed

19 events — show timeline

• 2026-05-20 Relisted — MiRealSource-MiMLS
• 2026-05-20 Relisted — REALCOMP
• 2026-05-15 Contingent — MiRealSource-MiMLS
• 2026-05-15 Contingent — REALCOMP
• 2026-04-14 Price Changed $85,000 MiRealSource-MiMLS
• 2026-04-14 Price Changed $85,000 REALCOMP
• 2026-02-17 Relisted — REALCOMP
• 2026-02-16 Listing Removed — REALCOMP
• 2026-01-15 Listed $94,900 REALCOMP
• 2026-01-15 Listed $94,900 MiRealSource-MiMLS
• 2026-01-12 Listing Removed — MiRealSource-MiMLS
• 2025-12-05 Price Changed $94,900 MiRealSource-MiMLS
• 2025-12-05 Price Changed $94,900 REALCOMP
• 2025-09-03 Price Changed $99,000 MiRealSource-MiMLS
• 2025-09-02 Price Changed $99,000 REALCOMP
• 2025-07-13 Listed $110,000 REALCOMP
• 2025-07-13 Listed $110,000 MiRealSource-MiMLS
• 1996-07-15 Sold (MLS) $51,300 REALCOMP
• 1995-07-24 Listed $51,300 REALCOMP