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13932 Roselawn St
C Composite 57.98
Why this score? — see what drove the C 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 +24.9/30.0
  • DSCR +8.1/10.0
  • ARV discount +7.5/15.0
  • 1% rule +6.0/10.0
  • Rent growth +4.0/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$117,000

13932 Roselawn St · Detroit, MI 48238
3 bd · 1.0 ba · 1,327 sqft · SingleFamily public records · 107 Days on market
Built 1928 3,920 sqft lot $88/sqft · 64% above area

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

Listing remarks MLS

Welcome to 13932 Roselawn Street, a classic brick Colonial-style home built in 1928 that blends timeless character with comfortable living. A charming covered front porch welcomes you in - perfect for relaxing outdoors and enjoying the neighborhood streetscape. Step inside to a spacious main living area filled with natural light. The generous living room offers plenty of space to gather and unwind, while the adjacent dining room creates a natural flow for everyday meals or entertaining. The kitchen features ample cabinetry and workspace, making meal prep simple and functional while maintaining a bright, open feel. Upstairs, you'll find three comfortable bedrooms with carpeting and good natural light, along with a full bathroom conveniently located on the second level. An additional full bathroom on the entry level adds everyday practicality and flexibility for guests. The unfinished basement provides excellent storage space and the opportunity to create additional usable areas for hobbies, a workshop, or future finishing. The home also includes forced-air natural gas heat and central air, helping maintain comfort year-round. Outside, the property has a fenced yard and paved driveway, offering room to enjoy the outdoors and convenient off-street parking. The brick exterior and classic architectural details add to the home's lasting curb appeal. Located in Detroit with easy access to major roads and nearby amenities, this home offers space, character, and opportunity all in one.

Key facts

  • 3,920 sq ft lot
  • Built 1928
  • Listed 106 days

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 3-bed/1.0-bath single-family listed at $117k.

Deal economics

  • At list price, monthly cash flow is $250 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $117k).
  • Recommended offer: $106k (9.0% below list) — sets the bar for market timing.

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 fast (+6.1%/yr); 348 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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).
  • At $1,292/mo this rent would consume 47% of the median local household income ($33k/yr) (locally 2172% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $809 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.
  • At projected returns (-3.0% appreciation + 6.1% rent growth), your $33k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 107 days — a 9% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
  • 33 sale attempts since 30y ago; this cycle's ask has dropped $13k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1928 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $106,470 (9.0% below list)

Questions for the listing agent

  1. It's been on market 107 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1928 — 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
1.10%
Cap rate
8.86%
Cash-on-cash
9.16%
DSCR
1.41
GRM
7.5

CMA / ARV

ARV (median comp)
$73,411
List price
$117,000
Delta
59.38%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
13903 Cloverlawn Ave 0.08mi 3/1.5 1,265 (-5%) 5mo $140,000 $111 82
13586 Indiana St 0.34mi 3/1.0 1,298 (-2%) 2mo $30,000 $23 79
13581 Cloverlawn St 0.14mi 4/2.0 (+1) 1,240 (-7%) 4mo $143,000 $115 70
13955 Ohio St 0.24mi 3/1.0 1,448 (+9%) 5mo $37,000 $26 70
14203 Cherrylawn St 0.27mi 3/2.0 1,250 (-6%) 5mo $58,000 $46 70
13587 Monica St 0.40mi 3/1.0 1,484 (+12%) 5mo $130,000 $88 58
13546 Ilene St 0.55mi 3/1.0 1,440 (+8%) 6mo $32,000 $22 55
12629 Washburn St 0.74mi 3/1.0 1,392 (+5%) 7mo $75,000 $54 51
12351 Cherrylawn St 0.67mi 3/1.0 1,418 (+7%) 8mo $109,500 $77 51
12303 Cloverlawn St 0.69mi 3/1.5 1,454 (+10%) 4mo $58,500 $40 46
14629 Monica St 0.66mi 3/1.0 1,128 (-15%) 4mo $19,000 $17 41
14628 Ohio St 0.59mi 4/1.5 (+1) 1,129 (-15%) 9mo $50,000 $44 33

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 · 6.14% rent growth · sell at horizon

5-year hold
IRR
0.9%
Equity multiple
1.04×
Total profit
$1,170
Equity at exit
$17,445
10-year hold
IRR
13.4%
Equity multiple
2.22×
Total profit
$39,933
Equity at exit
$10,116

Cash invested: $32,760 (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 48238

Home prices YoY
-14.4%
Rents YoY
6.1%
Active inventory
348
Price-to-rent
7.5×

Monthly cashflow live

Estimated rent
$1,292 high interval (Pro) →
Mortgage (P&I)
$614
Tax from tax record
$108 /mo · $1,298/yr
Insurance
$49
HOA
$0
Vacancy / Maint / Mgmt
$271
Net cashflow
$250

Break-even live

Break-even rent $975
Max offer price $117,000
Occupancy floor 76%

Sensitivity live

Price -10% $316 -5% $283 +0% $250 +5% $217 +10% $184
Rent -10% $148 -5% $199 +0% $250 +5% $301 +10% $352
Rate -1.0pp $309 -0.5pp $280 base $250 +0.5pp $220 +1.0pp $189

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
$29,250
Closing costs
$3,510
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
14011 Roselawn St Detroit, MI 4.0 1.5 1300 $1,450 $1.12 3d 1 0.09mi
14011 Roselawn St Detroit, MI 4.0 1.5 1300 $1,450 $1.12 18d 1 0.09mi
13979 Cherrylawn St Detroit, MI 3.0 1.0 1296 $1,334 $1.03 21d 1 0.18mi
13620 Tuller St Detroit, MI 4.0 1.0 1064 $1,374 $1.29 13d 1 0.25mi
14242 Ohio St Detroit, MI 4.0 1.0 1400 $1,000 $0.71 45d 1 0.31mi
13910 Kentucky St Detroit, MI 2.0 1.0 1680 $1,000 $0.60 45d 1 0.35mi
13620 Kentucky St Detroit, MI 3.0 1.0 1248 $1,200 $0.96 6d 1 0.36mi
12703 Northlawn St Detroit, MI 2.0 1.0 1365 $1,053 $0.77 21d 1 0.47mi
Ohio St Unit 4 Detroit, MI 4.0 1.5 1400 $750 $0.54 45d 1 0.48mi
14550 Northlawn St Detroit, MI 3.0 2.0 950 $1,200 $1.26 18d 1 0.50mi
14656 Roselawn St Detroit, MI 3.0 1.0 1000 $1,200 $1.20 18d 1 0.59mi
4287 W Grand St Unit 4289 Detroit, MI 3.0 1.0 1250 $1,000 $0.80 45d 1 0.67mi
12303 Cloverlawn St Detroit, MI 3.0 1.5 1454 $1,400 $0.96 45d 1 0.68mi
12415 Monica St Detroit, MI 2.0 1.0 1000 $1,200 $1.20 45d 1 0.70mi
13965 Mendota St Detroit, MI 3.0 1.0 1222 $1,294 $1.06 18d 1 0.71mi
12663 Stoepel St Detroit, MI 2.0 1.0 1100 $1,050 $0.95 23d 1 0.71mi
12650 Griggs St Detroit, MI 3.0 2.0 1628 $1,375 $0.84 25d 1 0.76mi
4336 Buena Vista St Detroit, MI 3.0 1.0 1300 $1,100 $0.85 45d 1 0.79mi
4341 Glendale St Detroit, MI 4.0 2.5 1832 $1,680 $0.92 6d 1 0.85mi
4203 Tyler St Detroit, MI 2.0 1.0 950 $895 $0.94 45d 1 0.87mi
3812 W Grand St Detroit, MI 2.0 1.0 1100 $1,025 $0.93 18d 1 0.88mi
12144 Washburn St Detroit, MI 3.0 1.0 1200 $1,200 $1.00 16d 1 0.88mi
12468 Mendota St Detroit, MI 2.0 1.0 1100 $1,000 $0.91 25d 1 0.90mi
12468 Mendota St Detroit, MI 2.0 1.0 1100 $1,100 $1.00 45d 1 0.90mi
12123 Santa Rosa Dr Detroit, MI 2.0 1.0 1680 $1,000 $0.60 25d 1 0.91mi
3824 Tyler St Apt 1 Detroit, MI 3.0 1.0 900 $1,523 $1.69 18d 1 0.96mi
12032 Santa Rosa Dr Unit 1 Detroit, MI 3.0 1.0 900 $1,423 $1.58 6d 1 0.99mi
14881 Mendota St Detroit, MI 3.0 1.0 1026 $1,100 $1.07 25d 1 1.00mi
3783 Tyler St Unit Lower Detroit, MI 3.0 1.0 1000 $1,150 $1.15 45d 1 1.01mi
12019 Stoepel St Detroit, MI 2.0 1.0 1000 $943 $0.94 6d 1 1.02mi
3740 Tyler St Unit 1 Detroit, MI 3.0 1.0 1300 $1,300 $1.00 6d 1 1.03mi
4268 Cortland St Unit 1 Detroit, MI 2.0 1.0 1000 $1,050 $1.05 45d 1 1.07mi
2034 Ewald Cir Detroit, MI 2.0 1.0 1000 $995 $0.99 6d 1 1.09mi
15457 Cloverlawn St Detroit, MI 3.0 2.0 1500 $1,275 $0.85 25d 1 1.13mi
3209 W Grand St Detroit, MI 3.0 1.0 1550 $1,103 $0.71 45d 1 1.17mi
11704 Broadstreet Ave Detroit, MI 3.0 1.0 1200 $1,050 $0.88 45d 1 1.26mi
15771 Turner St Detroit, MI 2.0 1.0 1000 $1,049 $1.05 45d 1 1.27mi
7350 Globe St Detroit, MI 3.0 1.0 1000 $1,550 $1.55 4d 1 1.28mi
15791 Cherrylawn St Detroit, MI 2.0 1.0 1792 $1,100 $0.61 45d 1 1.30mi
15777 Wisconsin St Unit 77 Detroit, MI 2.0 1.0 900 $950 $1.06 6d 1 1.31mi

Listing history 50 events

  1. 2026-06-21
    days on market $117,000 Active 107 DOM
  2. 2026-06-18
    days on market $117,000 Active 104 DOM
  3. 2026-06-17
    days on market $117,000 Active 103 DOM
  4. 2026-06-15
    days on market $117,000 Active 101 DOM
  5. 2026-06-13
    days on market $117,000 Active 99 DOM
  6. 2026-06-13
    days on market $117,000 Active 98 DOM
  7. 2026-06-09
    days on market $117,000 Active 95 DOM
  8. 2026-06-08
    days on market $117,000 Active 94 DOM
  9. 2026-06-07
    days on market $117,000 Active 93 DOM
  10. 2026-06-04
    days on market $117,000 Active 90 DOM
  11. 2026-06-03
    days on market $117,000 Active 89 DOM
  12. 2026-06-01
    days on market $117,000 Active 87 DOM
  13. 2026-05-31
    days on market $117,000 Active 86 DOM
  14. 2026-04-15
    price $117,000 1501-char remark
    Show marketing remark (1517 chars)

    Welcome to 13932 Roselawn Street, a classic brick Colonial-style home built in 1928 that blends timeless character with comfortable living. A charming covered front porch welcomes you in—perfect for relaxing outdoors and enjoying the neighborhood streetscape. Step inside to a spacious main living area filled with natural light. The generous living room offers plenty of space to gather and unwind, while the adjacent dining room creates a natural flow for everyday meals or entertaining. The kitchen features ample cabinetry and workspace, making meal prep simple and functional while maintaining a bright, open feel. Upstairs, you’ll find three comfortable bedrooms with carpeting and good natural light, along with a full bathroom conveniently located on the second level. An additional full bathroom on the entry level adds everyday practicality and flexibility for guests. The unfinished basement provides excellent storage space and the opportunity to create additional usable areas for hobbies, a workshop, or future finishing. The home also includes forced-air natural gas heat and central air, helping maintain comfort year-round. Outside, the property has a fenced yard and paved driveway, offering room to enjoy the outdoors and convenient off-street parking. The brick exterior and classic architectural details add to the home’s lasting curb appeal. Located in Detroit with easy access to major roads and nearby amenities, this home offers space, character, and opportunity all in one.

  15. 2026-04-15
    price $117,000 1517-char remark
    Show marketing remark (1517 chars)

    Welcome to 13932 Roselawn Street, a classic brick Colonial-style home built in 1928 that blends timeless character with comfortable living. A charming covered front porch welcomes you in—perfect for relaxing outdoors and enjoying the neighborhood streetscape. Step inside to a spacious main living area filled with natural light. The generous living room offers plenty of space to gather and unwind, while the adjacent dining room creates a natural flow for everyday meals or entertaining. The kitchen features ample cabinetry and workspace, making meal prep simple and functional while maintaining a bright, open feel. Upstairs, you’ll find three comfortable bedrooms with carpeting and good natural light, along with a full bathroom conveniently located on the second level. An additional full bathroom on the entry level adds everyday practicality and flexibility for guests. The unfinished basement provides excellent storage space and the opportunity to create additional usable areas for hobbies, a workshop, or future finishing. The home also includes forced-air natural gas heat and central air, helping maintain comfort year-round. Outside, the property has a fenced yard and paved driveway, offering room to enjoy the outdoors and convenient off-street parking. The brick exterior and classic architectural details add to the home’s lasting curb appeal. Located in Detroit with easy access to major roads and nearby amenities, this home offers space, character, and opportunity all in one.

  16. 2026-04-04
    historical $1,420
  17. 2026-03-07
    listed $130,000 Active 1501-char remark
    Show marketing remark (1517 chars)

    Welcome to 13932 Roselawn Street, a classic brick Colonial-style home built in 1928 that blends timeless character with comfortable living. A charming covered front porch welcomes you in—perfect for relaxing outdoors and enjoying the neighborhood streetscape. Step inside to a spacious main living area filled with natural light. The generous living room offers plenty of space to gather and unwind, while the adjacent dining room creates a natural flow for everyday meals or entertaining. The kitchen features ample cabinetry and workspace, making meal prep simple and functional while maintaining a bright, open feel. Upstairs, you’ll find three comfortable bedrooms with carpeting and good natural light, along with a full bathroom conveniently located on the second level. An additional full bathroom on the entry level adds everyday practicality and flexibility for guests. The unfinished basement provides excellent storage space and the opportunity to create additional usable areas for hobbies, a workshop, or future finishing. The home also includes forced-air natural gas heat and central air, helping maintain comfort year-round. Outside, the property has a fenced yard and paved driveway, offering room to enjoy the outdoors and convenient off-street parking. The brick exterior and classic architectural details add to the home’s lasting curb appeal. Located in Detroit with easy access to major roads and nearby amenities, this home offers space, character, and opportunity all in one.

  18. 2026-03-07
    listed $130,000 Active 1517-char remark
    Show marketing remark (1517 chars)

    Welcome to 13932 Roselawn Street, a classic brick Colonial-style home built in 1928 that blends timeless character with comfortable living. A charming covered front porch welcomes you in—perfect for relaxing outdoors and enjoying the neighborhood streetscape. Step inside to a spacious main living area filled with natural light. The generous living room offers plenty of space to gather and unwind, while the adjacent dining room creates a natural flow for everyday meals or entertaining. The kitchen features ample cabinetry and workspace, making meal prep simple and functional while maintaining a bright, open feel. Upstairs, you’ll find three comfortable bedrooms with carpeting and good natural light, along with a full bathroom conveniently located on the second level. An additional full bathroom on the entry level adds everyday practicality and flexibility for guests. The unfinished basement provides excellent storage space and the opportunity to create additional usable areas for hobbies, a workshop, or future finishing. The home also includes forced-air natural gas heat and central air, helping maintain comfort year-round. Outside, the property has a fenced yard and paved driveway, offering room to enjoy the outdoors and convenient off-street parking. The brick exterior and classic architectural details add to the home’s lasting curb appeal. Located in Detroit with easy access to major roads and nearby amenities, this home offers space, character, and opportunity all in one.

  19. 2026-03-05
    historical $130,000 1501-char remark
    Show marketing remark (1501 chars)

    Welcome to 13932 Roselawn Street, a classic brick Colonial-style home built in 1928 that blends timeless character with comfortable living. A charming covered front porch welcomes you in - perfect for relaxing outdoors and enjoying the neighborhood streetscape. Step inside to a spacious main living area filled with natural light. The generous living room offers plenty of space to gather and unwind, while the adjacent dining room creates a natural flow for everyday meals or entertaining. The kitchen features ample cabinetry and workspace, making meal prep simple and functional while maintaining a bright, open feel. Upstairs, you'll find three comfortable bedrooms with carpeting and good natural light, along with a full bathroom conveniently located on the second level. An additional full bathroom on the entry level adds everyday practicality and flexibility for guests. The unfinished basement provides excellent storage space and the opportunity to create additional usable areas for hobbies, a workshop, or future finishing. The home also includes forced-air natural gas heat and central air, helping maintain comfort year-round. Outside, the property has a fenced yard and paved driveway, offering room to enjoy the outdoors and convenient off-street parking. The brick exterior and classic architectural details add to the home's lasting curb appeal. Located in Detroit with easy access to major roads and nearby amenities, this home offers space, character, and opportunity all in one.

  20. 2026-02-09
    listed $1,420
  21. 2026-01-22
    historical $1,960
  22. 2026-01-13
    historical
  23. 2026-01-13
    historical
  24. 2025-12-03
    listed $140,000 Active
  25. 2025-12-03
    listed $140,000 Active
  26. 2025-11-29
    historical
  27. 2025-11-29
    historical
  28. 2025-11-16
    listed $1,960
  29. 2025-11-10
    listed $150,000 Active
  30. 2025-11-10
    listed $150,000 Active
  31. 2025-08-08
    historical
  32. 2025-08-08
    historical
  33. 2025-07-07
    listed $160,000 Active
  34. 2025-07-07
    listed $160,000 Active
  35. 2024-07-22
    soldstatus $134,000
  36. 2019-02-10
    historical
  37. 2019-02-10
    historical
  38. 2018-08-09
    listed $29,900 Active
  39. 2018-08-09
    listed $29,900 Active
  40. 2017-01-23
    historical
  41. 2017-01-23
    historical
  42. 2016-11-11
    price $25,900
  43. 2016-11-10
    price $25,900
  44. 2016-10-31
    status Active
  45. 2016-10-31
    status Active
  46. 2016-10-20
    status Pending
  47. 2016-10-19
    status Pending
  48. 2016-10-12
    listed $29,900 Active
  49. 2016-10-12
    listed $29,900 Active
  50. 2016-10-01
    historical

ⓘ 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
$1,298 · $108/mo
Projected year-2 tax
$1,550 · $129/mo
Expected delta
+$252/yr (+$21/mo · 19.4%)

ⓘ 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 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$15,501
− Mortgage interest
−$6,554
− Property taxes
−$1,298
− Insurance
−$585
− Repairs & maintenance
−$1,240
− Management
−$1,240
− Depreciation
−$3,404
Taxable income
$1,181
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$283
After-tax cash flow
$2,717/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)
24,731
Household income
$33,315
Rent vs Own
53.0% rent · 47.0% own
Severe rent burden
2172.0

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 (94%)
Race & ethnicity
Black 94% Two or more races 3% White 1%
Foreign-born
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
▼ -31.96%
Current HPI
189.6227
Rent YoY
▲ 6.14%
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

+260.0% since first listed
73 events — show timeline
  • 2026-04-15 Price Changed $117,000 MiRealSource-MiMLS
  • 2026-04-15 Price Changed $117,000 REALCOMP
  • 2026-04-04 Rental Removed $1,420 APPFOLIO
  • 2026-03-07 Listed $130,000 MiRealSource-MiMLS
  • 2026-03-07 Listed $130,000 REALCOMP
  • 2026-03-05 Coming Soon $130,000 MiRealSource-MiMLS
  • 2026-02-09 Listed for Rent $1,420 APPFOLIO
  • 2026-01-22 Rental Removed $1,960 REALSOURCE
  • 2026-01-13 Listing Removed REALCOMP
  • 2026-01-13 Listing Removed MiRealSource-MiMLS
  • 2025-12-03 Listed $140,000 REALCOMP
  • 2025-12-03 Listed $140,000 MiRealSource-MiMLS
  • 2025-11-29 Listing Removed MiRealSource-MiMLS
  • 2025-11-29 Listing Removed REALCOMP
  • 2025-11-16 Listed for Rent $1,960 REALSOURCE
  • 2025-11-10 Listed $150,000 MiRealSource-MiMLS
  • 2025-11-10 Listed $150,000 REALCOMP
  • 2025-08-08 Listing Removed MiRealSource-MiMLS
  • 2025-08-08 Listing Removed REALCOMP
  • 2025-07-07 Listed $160,000 MiRealSource-MiMLS
  • 2025-07-07 Listed $160,000 REALCOMP
  • 2024-07-22 Sold (Public Records) $134,000 Public Records
  • 2019-02-10 Listing Removed MiRealSource-MiMLS
  • 2019-02-10 Listing Removed REALCOMP
  • 2018-08-09 Listed $29,900 MiRealSource-MiMLS
  • 2018-08-09 Listed $29,900 REALCOMP
  • 2017-01-23 Listing Removed REALCOMP
  • 2017-01-23 Listing Removed MiRealSource-MiMLS
  • 2016-11-11 Price Changed $25,900 MiRealSource-MiMLS
  • 2016-11-10 Price Changed $25,900 REALCOMP
  • 2016-10-31 Relisted MiRealSource-MiMLS
  • 2016-10-31 Relisted REALCOMP
  • 2016-10-20 Pending MiRealSource-MiMLS
  • 2016-10-19 Pending REALCOMP
  • 2016-10-12 Listed $29,900 MiRealSource-MiMLS
  • 2016-10-12 Listed $29,900 REALCOMP
  • 2016-10-01 Listing Removed REALCOMP
  • 2016-09-30 Listing Removed MiRealSource-MiMLS
  • 2016-07-13 Price Changed $29,900 MiRealSource-MiMLS
  • 2016-07-13 Price Changed $29,900 REALCOMP
  • 2016-06-21 Relisted MiRealSource-MiMLS
  • 2016-06-20 Relisted REALCOMP
  • 2016-05-19 Pending MiRealSource-MiMLS
  • 2016-05-18 Pending REALCOMP
  • 2016-05-09 Relisted MiRealSource-MiMLS
  • 2016-05-09 Relisted REALCOMP
  • 2016-04-19 Pending MiRealSource-MiMLS
  • 2016-04-19 Pending REALCOMP
  • 2016-04-16 Listed $25,900 MiRealSource-MiMLS
  • 2016-04-02 Listed $25,900 REALCOMP
  • 2016-04-02 Listing Removed REALCOMP
  • 2016-04-01 Listing Removed MiRealSource-MiMLS
  • 2015-07-31 Listed $27,900 REALCOMP
  • 2015-07-30 Listed $27,900 MiRealSource-MiMLS
  • 2015-07-22 Listing Removed MiRealSource-MiMLS
  • 2015-06-23 Listing Removed REALCOMP
  • 2015-06-23 Listing Removed MiRealSource-MiMLS
  • 2015-03-06 Listed $29,990 REALCOMP
  • 2015-03-06 Listed $29,990 MiRealSource-MiMLS
  • 2014-12-11 Listing Removed REALCOMP
  • 2014-07-25 Listed $24,999 MiRealSource-MiMLS
  • 2014-07-25 Listed $24,999 REALCOMP
  • 2008-02-23 Listing Removed REALCOMP
  • 2007-10-01 Listed $70,000 REALCOMP
  • 2002-11-22 Listing Removed REALCOMP
  • 2002-08-22 Listed $62,000 REALCOMP
  • 1997-07-11 Sold (Public Records) $30,000 Public Records
  • 1997-03-27 Sold (MLS) $30,000 REALCOMP
  • 1997-03-13 Listing Removed REALCOMP
  • 1997-03-13 Listed $32,500 REALCOMP
  • 1996-12-12 Listed $34,500 REALCOMP
  • 1996-09-24 Listing Removed REALCOMP
  • 1996-06-25 Listed $32,500 REALCOMP

Property tax history

+2.3%/yr

Latest (2025): $1,298 · +30.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…