1859 Short Ave · Westland, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 97°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 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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.
Questions for the listing agent
- Built in 1938 — 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 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?
- 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?
- 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?
- 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
- 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
- IRR
- -15.1%
- Equity multiple
- 0.46×
- Total profit
- $-20,020
- Equity at exit
- $19,756
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-02status $132,500 Pending 27 DOM
-
2026-06-01days 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.
-
2026-05-31days on market $132,500 Active Under Contract 26 DOM
-
2026-05-09historical 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.
-
2026-05-09historical 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.
-
2026-05-06$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.
-
2026-05-06$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.
-
2026-05-04historical $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.
-
1996-11-13soldstatus $62,000
-
1996-10-18soldstatus $62,000
-
1996-09-29$62,000
-
1996-08-23historical
-
1996-08-14$64,900
-
1993-04-05soldstatus $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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
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
- 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 |
|---|---|---|
| Automotive Parts | 3 | $48B |
|
||
| Automotive | 2 | $372B |
|
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| Chemicals | 1 | $45B |
|
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| Automotive Retail | 1 | $29B |
|
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| Healthcare / Medical Devices | 1 | $23B |
|
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| Automotive Technology | 1 | $20B |
|
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Price history
+143.1% since first listed15 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%/yrLatest (2025): $1,281 · +2.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…