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1859 Short Ave
D Composite 43.31
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 +14.0/30.0
  • ARV discount +10.3/15.0
  • DSCR +4.3/10.0
  • Livability +3.9/5.0
  • 1% rule +3.4/10.0
  • Rent growth +3.3/5.0
  • Condition / age +2.5/5.0
  • Schools +1.6/10.0
  • Appreciation +0.0/10.0

$132,500

1859 Short Ave · Westland, MI 48186
2 bd · 1.0 ba · 746 sqft · SingleFamily public records · 27 Days on market
Built 1938 0.26 ac lot $178/sqft · 6% below area Est $141k · 6% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Charming updated 2-bed, 1-bath bungalow (746 sq ft) built in 1938 with bonus upper-level space for storage or potential bedroom. Recently improved with a new boiler and hot water tank (2025), fresh paint throughout (2025-2026), updated flooring in the primary bedroom, new exterior doors, and a kitchen upgrade with a new garden window and newer appliances. Solid hardwood floors run through key living areas, and Wall side Windows include a transferable lifetime warranty. Sitting on a 0.26-acre Certified Wildlife Habitat, the yard is a gardener's paradise with an above-ground 18 pool included (buyer assumes responsibility). Property also features a gravel driveway, crawl space foundation, and Certificate of Occupancy already obtained. Sold as-is.

Key facts

  • 0.26 acre lot
  • Pool
  • Built 1938

Property features AI

Exterior

  • Parking: No garage
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; One and one-half story; Ground-level entry; Wood siding exterior
  • Construction: Wood siding construction
  • Exterior features: Fenced yard; Above-ground pool; Shed(s) on the property; Paved road access; Lot approximately 0.26 acres (60 x 188)

Interior

  • Bathrooms: One full bathroom
  • Heating & cooling: Baseboard heating; Natural gas heating; No central cooling
  • Interior features: Crawl space basement; Seven total rooms

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $132k.

Deal economics

  • At list price, monthly cash flow is $18 ($218/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $111k (16.4% below list).
  • Recommended offer: $111k (16.4% below list) — sets the bar for 1% rule.
  • Cap rate 6.5% vs local median 4.4% in Westland — 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 77/100 on livability (#124 in MI, #3,067 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities C-, employment C-, crime D+.
  • Wayne-Westland Community School District (suburban): math 11% / reading 27% proficiency, ranked #474 of 540 in MI (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Zoned schools: Albert Schweitzer Elementary School (math 8% / reading 22%, grade F, #1,172 of 1,397 statewide, top 85%, 436 students, 67% FRL); Wayne Memorial High School (math 12% / reading 37%, grade F, #481 of 713 statewide, top 81%, 1,361 students, 63% FRL).
  • Market conditions: Rents rising (+3.3%/yr); 152 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $916 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

  • It's been on market 27 days — a 2% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
  • 4 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.

Risks & watch-outs

  • Watch-outs: built in 1938 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $110,757 (16.4% below list)

Questions for the listing agent

  1. Built in 1938 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  5. 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?
  6. 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.
  7. 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.
  8. 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
0.84%
Cap rate
6.46%
Cash-on-cash
0.59%
DSCR
1.03
GRM
10.0

CMA / ARV

ARV (median comp)
$141,383
List price
$132,500
Delta
-6.28%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1859 Short Ave 0.00mi 2/1.0 746 (0%) 0mo $133,000 $178 100
36268 Schley Ave 0.25mi 2/1.0 800 (+7%) 2mo $155,000 $194 75
36023 Manila Ave 0.18mi 2/1.0 700 (-6%) 11mo $141,000 $201 72
36020 Glen St 0.42mi 2/1.0 720 (-4%) 6mo $132,000 $183 69
35740 Glen St 0.43mi 2/1.0 720 (-4%) 6mo $171,500 $238 69
35720 Glen St 0.44mi 2/1.0 720 (-4%) 7mo $120,619 $168 68
35607 Hazelwood St 0.38mi 2/1.0 800 (+7%) 11mo $175,000 $219 61
35012 Glen St 0.69mi 2/1.0 768 (+3%) 8mo $162,000 $211 56
35236 Glen St 0.60mi 1/1.0 (-1) 720 (-4%) 8mo $134,900 $187 55
35220 Cady St 0.46mi 2/1.0 805 (+8%) 13mo $162,000 $201 55
2032 2nd St 0.61mi 2/1.0 772 (+4%) 15mo $119,900 $155 53
35600 Glen St 0.46mi 2/1.0 830 (+11%) 9mo $120,100 $145 53

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.28% rent growth · sell at horizon

5-year hold
IRR
-15.1%
Equity multiple
0.46×
Total profit
$-20,020
Equity at exit
$19,756
10-year hold
IRR
-6.1%
Equity multiple
0.60×
Total profit
$-14,730
Equity at exit
$11,456

Cash invested: $37,100 (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.

ZIP-level market 48186

Rents YoY
3.3%
Active inventory
152
Price-to-rent
10.0×

Monthly cashflow live

Estimated rent
$1,108 high interval (Pro) →
Mortgage (P&I)
$695
Tax from tax record
$107 /mo · $1,281/yr
Insurance
$55
HOA
$0
Vacancy / Maint / Mgmt
$233
Net cashflow
$18

Break-even live

Break-even rent $1,085
Max offer price $132,500
Occupancy floor 93%

Sensitivity live

Price -10% $93 -5% $56 +0% $18 +5% $-19 +10% $-57
Rent -10% $-69 -5% $-26 +0% $18 +5% $62 +10% $106
Rate -1.0pp $85 -0.5pp $52 base $18 +0.5pp $-16 +1.0pp $-51

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
$33,125
Closing costs
$3,975
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 8 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1947 Cottrill Ln Westland, MI 1.0–2.0 1.0 750 $1,220 $1.63 45d 1 0.24mi
37140 Orchard Cir Westland, MI 1.0–2.0 1.0–1.5 870 $1,299 $1.49 0d 4 0.65mi
34630 Glenwood Rd Westland, MI 2.0 1.0 710 $1,150 $1.62 45d 1 0.76mi
2758 Ackley Ave Westland, MI 2.0 1.0 656 $1,175 $1.79 1d 3 0.85mi
35700 E Michigan Ave Wayne, MI 2.0 1.0 701 $1,060 $1.51 7d 6 0.95mi
35505 E Michigan Ave Unit 6 Wayne, MI 1.0 1.0 620 $675 $1.09 45d 1 1.03mi
35440 Brush St Unit 7 Wayne, MI 1.0 1.0 700 $725 $1.04 26d 1 1.06mi
35641 Brush St Unit 35657-6 Wayne, MI 1.0 1.0 700 $750 $1.07 45d 1 1.06mi

Listing history 14 events

  1. 2026-06-02
    status $132,500 Pending 27 DOM
  2. 2026-06-01
    days on market $132,500 Active Under Contract 27 DOM
    Show marketing remark (753 chars)

    Charming updated 2-bed, 1-bath bungalow (746 sq ft) built in 1938 with bonus upper-level space for storage or potential bedroom. Recently improved with a new boiler and hot water tank (2025), fresh paint throughout (2025-2026), updated flooring in the primary bedroom, new exterior doors, and a kitchen upgrade with a new garden window and newer appliances. Solid hardwood floors run through key living areas, and Wall side Windows include a transferable lifetime warranty. Sitting on a 0.26-acre Certified Wildlife Habitat, the yard is a gardener's paradise with an above-ground 18 pool included (buyer assumes responsibility). Property also features a gravel driveway, crawl space foundation, and Certificate of Occupancy already obtained. Sold as-is.

  3. 2026-05-31
    days on market $132,500 Active Under Contract 26 DOM
  4. 2026-05-09
    historical Accepting Backup Offers 753-char remark
    Show marketing remark (753 chars)

    Charming updated 2-bed, 1-bath bungalow (746 sq ft) built in 1938 with bonus upper-level space for storage or potential bedroom. Recently improved with a new boiler and hot water tank (2025), fresh paint throughout (2025-2026), updated flooring in the primary bedroom, new exterior doors, and a kitchen upgrade with a new garden window and newer appliances. Solid hardwood floors run through key living areas, and Wall side Windows include a transferable lifetime warranty. Sitting on a 0.26-acre Certified Wildlife Habitat, the yard is a gardener's paradise with an above-ground 18 pool included (buyer assumes responsibility). Property also features a gravel driveway, crawl space foundation, and Certificate of Occupancy already obtained. Sold as-is.

  5. 2026-05-09
    historical Active Under Contract 753-char remark
    Show marketing remark (753 chars)

    Charming updated 2-bed, 1-bath bungalow (746 sq ft) built in 1938 with bonus upper-level space for storage or potential bedroom. Recently improved with a new boiler and hot water tank (2025), fresh paint throughout (2025-2026), updated flooring in the primary bedroom, new exterior doors, and a kitchen upgrade with a new garden window and newer appliances. Solid hardwood floors run through key living areas, and Wall side Windows include a transferable lifetime warranty. Sitting on a 0.26-acre Certified Wildlife Habitat, the yard is a gardener's paradise with an above-ground 18 pool included (buyer assumes responsibility). Property also features a gravel driveway, crawl space foundation, and Certificate of Occupancy already obtained. Sold as-is.

  6. 2026-05-06
    listed $132,500 Active 753-char remark
    Show marketing remark (753 chars)

    Charming updated 2-bed, 1-bath bungalow (746 sq ft) built in 1938 with bonus upper-level space for storage or potential bedroom. Recently improved with a new boiler and hot water tank (2025), fresh paint throughout (2025-2026), updated flooring in the primary bedroom, new exterior doors, and a kitchen upgrade with a new garden window and newer appliances. Solid hardwood floors run through key living areas, and Wall side Windows include a transferable lifetime warranty. Sitting on a 0.26-acre Certified Wildlife Habitat, the yard is a gardener's paradise with an above-ground 18 pool included (buyer assumes responsibility). Property also features a gravel driveway, crawl space foundation, and Certificate of Occupancy already obtained. Sold as-is.

  7. 2026-05-06
    listed $132,500 Active 753-char remark
    Show marketing remark (753 chars)

    Charming updated 2-bed, 1-bath bungalow (746 sq ft) built in 1938 with bonus upper-level space for storage or potential bedroom. Recently improved with a new boiler and hot water tank (2025), fresh paint throughout (2025-2026), updated flooring in the primary bedroom, new exterior doors, and a kitchen upgrade with a new garden window and newer appliances. Solid hardwood floors run through key living areas, and Wall side Windows include a transferable lifetime warranty. Sitting on a 0.26-acre Certified Wildlife Habitat, the yard is a gardener's paradise with an above-ground 18 pool included (buyer assumes responsibility). Property also features a gravel driveway, crawl space foundation, and Certificate of Occupancy already obtained. Sold as-is.

  8. 2026-05-04
    historical $132,500 753-char remark
    Show marketing remark (753 chars)

    Charming updated 2-bed, 1-bath bungalow (746 sq ft) built in 1938 with bonus upper-level space for storage or potential bedroom. Recently improved with a new boiler and hot water tank (2025), fresh paint throughout (2025-2026), updated flooring in the primary bedroom, new exterior doors, and a kitchen upgrade with a new garden window and newer appliances. Solid hardwood floors run through key living areas, and Wall side Windows include a transferable lifetime warranty. Sitting on a 0.26-acre Certified Wildlife Habitat, the yard is a gardener's paradise with an above-ground 18 pool included (buyer assumes responsibility). Property also features a gravel driveway, crawl space foundation, and Certificate of Occupancy already obtained. Sold as-is.

  9. 1996-11-13
    soldstatus $62,000
  10. 1996-10-18
    soldstatus $62,000
  11. 1996-09-29
    listed $62,000
  12. 1996-08-23
    historical
  13. 1996-08-14
    listed $64,900
  14. 1993-04-05
    soldstatus $54,700

ⓘ 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
$1,281 · $107/mo
Projected year-2 tax
$1,661 · $138/mo
Expected delta
+$380/yr (+$32/mo · 29.6%)

ⓘ 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 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$13,291
− Mortgage interest
−$7,422
− Property taxes
−$1,281
− Insurance
−$662
− Repairs & maintenance
−$1,063
− Management
−$1,063
− Depreciation
−$3,855
Taxable loss
−$2,056
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$493
After-tax cash flow
$712/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
Wayne-Westland Community School District
NCES district ID
2600015
Math proficiency
11% ▼ -6.00%
Reading proficiency
27% ▼ -2.00%
Median HH income
$43,524
Composite
16.4/100
National rank
#9195
State rank
#474 of 540 in MI

Livability — Westland

Score
77/100
State rank
#124
US rank
#3067

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Westland, MI
County
Wayne County · 1,562,939 people
City population
83,633
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
35,103
Household income
$65,187
Rent vs Own
31.3% rent · 68.7% own
Severe rent burden
980.0

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
Diverse neighborhood (Simpson 0.57)
Race & ethnicity
White 61% Black 23% Two or more races 10% Hispanic / Latino 6% Asian 2%
Hispanic origin (detail)
Mexican 4%
Common ancestry
Romanian 8% Italian 3% Lithuanian 3%
Foreign-born
7% · Canada, China
Languages at home
88% English-only · Spanish 4% Other Indo-European 2% Arabic 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
▼ -262.09%
Current HPI
237.6325
Rent YoY
▲ 3.28%
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

Price history

+143.1% since first listed
15 events — show timeline
  • 2026-06-10 Sold (MLS) $133,000 MiRealSource-MiMLS
  • 2026-06-10 Sold (MLS) $133,000 REALCOMP
  • 2026-06-01 Pending REALCOMP
  • 2026-06-01 Pending MiRealSource-MiMLS
  • 2026-05-09 Contingent MiRealSource-MiMLS
  • 2026-05-09 Contingent REALCOMP
  • 2026-05-06 Listed $132,500 MiRealSource-MiMLS
  • 2026-05-06 Listed $132,500 REALCOMP
  • 2026-05-04 Coming Soon $132,500 MiRealSource-MiMLS
  • 1996-11-13 Sold (Public Records) $62,000 Public Records
  • 1996-10-18 Sold (MLS) $62,000 REALCOMP
  • 1996-09-29 Listed $62,000 REALCOMP
  • 1996-08-23 Listing Removed REALCOMP
  • 1996-08-14 Listed $64,900 REALCOMP
  • 1993-04-05 Sold (Public Records) $54,700 Public Records

Property tax history

+2.8%/yr

Latest (2025): $1,281 · +2.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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