18935 Huntington Rd · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 98°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 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +8.6/15.0
- Rent growth +4.5/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$60,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Investment opportunity on Detroit's West Side. 3 BR bungalow with detached 2 car garage. Good candidate for a flip or fix up and rent. Vinyl windows. Full basement. Some rehab needed. Cash or DSCR buyers only
Key facts
- Vinyl windows
- Full basement
- 4,356 sq ft lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $60k.
Deal economics
- At list price, monthly cash flow is $352 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $60k).
- Recommended offer: $53k (12.0% below list) — sets the bar for market timing.
- Cap rate 13.3% vs local median 10.2% in Detroit — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
- Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+8.0%/yr); 305 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
- This rent runs 32% of the median local income ($44k/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 $415 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
- Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
- At projected returns (-3.0% appreciation + 8.0% rent growth), your $17k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 374 days — a 12% lower offer ($53k) is reasonable based on typical stale-listing flexibility.
- 15 sale attempts since 31y ago; this cycle's ask has dropped $14k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: property tax is 4.4% of price; built in 1941 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 374 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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
- 1.92% ✓
- Cap rate
- 13.34%
- Cash-on-cash
- 25.18%
- DSCR
- 2.12
- GRM
- 4.3
CMA / ARV
- ARV (median comp)
- $61,482
- List price
- $60,000
- Delta
- -2.41%
- 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 |
|---|---|---|---|---|---|---|---|
| 18659 Shaftsbury Ave | 0.13mi | 3/1.0 | 763 (+4%) | 10mo | $70,000 | $92 | 79 |
| 18723 Warwick St | 0.19mi | 2/1.0 (-1) | 700 (-4%) | 8mo | $54,500 | $78 | 73 |
| 19352 Evergreen Rd | 0.41mi | 2/1.0 (-1) | 752 (+3%) | 2mo | $75,000 | $100 | 70 |
| 19177 Stahelin Ave | 0.36mi | 3/1.0 | 816 (+12%) | 5mo | $60,000 | $74 | 60 |
| 19401 Stout St | 0.63mi | 2/1.0 (-1) | 750 (+3%) | 2mo | $28,000 | $37 | 60 |
| 18682 Avon Ave | 0.38mi | 2/1.0 (-1) | 790 (+8%) | 8mo | $67,500 | $85 | 57 |
| 19352 Avon St | 0.50mi | 2/1.5 (-1) | 752 (+3%) | 10mo | $70,000 | $93 | 56 |
| 19363 Plainview Ave | 0.41mi | 3/1.0 | 823 (+13%) | 5mo | $55,000 | $67 | 56 |
| 17706 Stahelin Ave | 0.53mi | 3/1.0 | 818 (+12%) | 0mo | $106,000 | $130 | 55 |
| 18135 Fielding St | 0.67mi | 3/1.5 | 796 (+9%) | 3mo | $130,000 | $163 | 50 |
| 18724 Greenview Ave | 0.44mi | 3/1.0 | 839 (+15%) | 7mo | $50,000 | $60 | 49 |
| 18416 Curtis St | 0.63mi | 3/1.0 | 820 (+12%) | 5mo | $72,500 | $88 | 46 |
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 · 8.0% rent growth · sell at horizon
- IRR
- 25.3%
- Equity multiple
- 2.13×
- Total profit
- $18,934
- Equity at exit
- $8,946
- IRR
- 36.5%
- Equity multiple
- 5.38×
- Total profit
- $73,592
- Equity at exit
- $5,188
Cash invested: $16,800 (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
ZIP-level market 48219
- Home prices YoY
- -10.3%
- Rents YoY
- 8.0%
- Active inventory
- 305
- Price-to-rent
- 4.3×
Monthly cashflow live
- Estimated rent
- $1,154 high interval (Pro) →
- Mortgage (P&I)
- −$315
- Tax from tax record
- −$220 /mo · $2,637/yr
- Insurance
- −$25
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$242
- Net cashflow
- $352
Break-even live
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
- $15,000
- Closing costs
- $1,800
- 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 11 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 19372 Grandville Ave Detroit, MI | 2.0 | 1.5 | 733 | $1,050 | $1.43 | 15d | 1 | 0.37mi |
| 18274 Fielding St Detroit, MI | 2.0 | 1.0 | 700 | $1,200 | $1.71 | 16d | 1 | 0.57mi |
| 20068 Faust Ave Detroit, MI | 2.0 | 1.0 | 750 | $1,100 | $1.47 | 24d | 1 | 0.95mi |
| 18276 Oakfield St Detroit, MI | 2.0 | 1.0 | 726 | $1,175 | $1.62 | 43d | 1 | 1.03mi |
| 18025 Bentler St Detroit, MI | 3.0 | 1.0 | 728 | $1,250 | $1.72 | 24d | 1 | 1.11mi |
| 17274 Bentler St Detroit, MI | 2.0 | 1.0 | 700 | $838 | $1.20 | 24d | 2 | 1.20mi |
| 17274 Bentler St Detroit, MI | 2.0 | 1.0 | 700 | $850 | $1.21 | 43d | 2 | 1.20mi |
| 17270 Bentler St Detroit, MI | 2.0 | 1.0 | 650 | $850 | $1.31 | 43d | 1 | 1.20mi |
| 17274 Bentler St #46 Detroit, MI | 2.0 | 1.0 | 700 | $850 | $1.21 | 16d | 1 | 1.21mi |
| 19736 Gilchrist St Detroit, MI | 2.0 | 1.0 | 696 | $995 | $1.43 | 12d | 1 | 1.22mi |
| 16194 Fielding St Unit 2 Detroit, MI | 2.0 | 1.0 | 750 | $950 | $1.27 | 15d | 1 | 1.37mi |
Listing history 50 events
-
2026-06-18days on market $60,000 Active 374 DOM
-
2026-06-17days on market $60,000 Active 373 DOM
-
2026-06-15days on market $60,000 Active 371 DOM
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2026-06-13days on market $60,000 Active 369 DOM
-
2026-06-13days on market $60,000 Active 368 DOM
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2026-06-09days on market $60,000 Active 365 DOM
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2026-06-08days on market $60,000 Active 364 DOM
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2026-06-07days on market $60,000 Active 363 DOM
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2026-06-04days on market $60,000 Active 360 DOM
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2026-06-03days on market $60,000 Active 359 DOM
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2026-06-01days on market $60,000 Active 357 DOM
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2026-05-31days on market $60,000 Active 356 DOM
-
2026-05-08price $60,000 208-char remark
Show marketing remark (208 chars)
Investment opportunity on Detroit's West Side. 3 BR bungalow with detached 2 car garage. Good candidate for a flip or fix up and rent. Vinyl windows. Full basement. Some rehab needed. Cash or DSCR buyers only
-
2026-05-08price $60,000 208-char remark
Show marketing remark (208 chars)
Investment opportunity on Detroit's West Side. 3 BR bungalow with detached 2 car garage. Good candidate for a flip or fix up and rent. Vinyl windows. Full basement. Some rehab needed. Cash or DSCR buyers only
-
2025-12-31status Active 208-char remark
Show marketing remark (208 chars)
Investment opportunity on Detroit's West Side. 3 BR bungalow with detached 2 car garage. Good candidate for a flip or fix up and rent. Vinyl windows. Full basement. Some rehab needed. Cash or DSCR buyers only
-
2025-12-31status Active 208-char remark
Show marketing remark (208 chars)
Investment opportunity on Detroit's West Side. 3 BR bungalow with detached 2 car garage. Good candidate for a flip or fix up and rent. Vinyl windows. Full basement. Some rehab needed. Cash or DSCR buyers only
-
2025-12-05historical Active Under Contract 208-char remark
Show marketing remark (208 chars)
Investment opportunity on Detroit's West Side. 3 BR bungalow with detached 2 car garage. Good candidate for a flip or fix up and rent. Vinyl windows. Full basement. Some rehab needed. Cash or DSCR buyers only
-
2025-12-05historical Accepting Backup Offers 208-char remark
Show marketing remark (208 chars)
Investment opportunity on Detroit's West Side. 3 BR bungalow with detached 2 car garage. Good candidate for a flip or fix up and rent. Vinyl windows. Full basement. Some rehab needed. Cash or DSCR buyers only
-
2025-07-31price $65,000 208-char remark
Show marketing remark (208 chars)
Investment opportunity on Detroit's West Side. 3 BR bungalow with detached 2 car garage. Good candidate for a flip or fix up and rent. Vinyl windows. Full basement. Some rehab needed. Cash or DSCR buyers only
-
2025-07-31price $65,000 208-char remark
Show marketing remark (208 chars)
Investment opportunity on Detroit's West Side. 3 BR bungalow with detached 2 car garage. Good candidate for a flip or fix up and rent. Vinyl windows. Full basement. Some rehab needed. Cash or DSCR buyers only
-
2025-06-09$74,000 Active 208-char remark
Show marketing remark (208 chars)
Investment opportunity on Detroit's West Side. 3 BR bungalow with detached 2 car garage. Good candidate for a flip or fix up and rent. Vinyl windows. Full basement. Some rehab needed. Cash or DSCR buyers only
-
2025-06-09$74,000 Active 208-char remark
Show marketing remark (208 chars)
Investment opportunity on Detroit's West Side. 3 BR bungalow with detached 2 car garage. Good candidate for a flip or fix up and rent. Vinyl windows. Full basement. Some rehab needed. Cash or DSCR buyers only
-
2023-03-29soldstatus $79,000
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2020-12-22soldstatus $62,000
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2020-11-19status Pending
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2020-11-18soldstatus $33,000 Closed
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2020-11-18soldstatus $33,000
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2020-10-19historical Accepting Backup Offers
-
2020-10-02price $38,000
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2020-08-26$39,900 Active
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2020-08-26$38,000
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2019-06-18historical
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2019-06-18historical
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2019-05-22price $39,900
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2019-05-21price $39,900
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2019-04-18$44,900 Active
-
2019-04-18$44,900 Active
-
2012-04-13historical
-
2012-04-13historical
-
2011-09-13$27,000
-
2011-09-13$27,000
-
2010-05-24soldstatus $11,000
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2010-04-29$11,500
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2009-06-11soldstatus $98,000
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2003-05-28soldstatus $42,000
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2003-05-28soldstatus $42,000
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2003-05-15historical
-
2003-04-16historical
-
2003-03-20$48,900
-
2003-03-12$48,900
ⓘ 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
- $2,637 · $220/mo
- Projected year-2 tax
- $2,637 · $220/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ 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 ≥98°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
- $13,852
- − Mortgage interest
- −$3,361
- − Property taxes
- −$2,637
- − Insurance
- −$300
- − Repairs & maintenance
- −$1,108
- − Management
- −$1,108
- − Depreciation
- −$1,745
- Taxable income
- $3,592
- Est. tax owed @ 24.0%
- −$862
- After-tax cash flow
- $3,368/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
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)
- 47,208
- Household income
- $43,655
- Rent vs Own
- Severe rent burden
- 3584.0
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 (88%)
- Race & ethnicity
- Black 88% White 5% Two or more races 4% Hispanic / Latino 1%
- Common ancestry
- Romanian 1% Lithuanian 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 96% English-only · Spanish 1% French/Haitian/Cajun 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
- ▼ -65.06%
- Current HPI
- 563.3263
- Rent YoY
- ▲ 8.04%
- 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 |
|
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Price history
+60.0% since first listed42 events — show timeline
- 2026-05-08 Price Changed $60,000 MiRealSource-MiMLS
- 2026-05-08 Price Changed $60,000 REALCOMP
- 2025-12-31 Relisted — MiRealSource-MiMLS
- 2025-12-31 Relisted — REALCOMP
- 2025-12-05 Contingent — REALCOMP
- 2025-12-05 Contingent — MiRealSource-MiMLS
- 2025-07-31 Price Changed $65,000 MiRealSource-MiMLS
- 2025-07-31 Price Changed $65,000 REALCOMP
- 2025-06-09 Listed $74,000 REALCOMP
- 2025-06-09 Listed $74,000 MiRealSource-MiMLS
- 2023-03-29 Sold (Public Records) $79,000 Public Records
- 2020-12-22 Sold (Public Records) $62,000 Public Records
- 2020-11-19 Pending — MiRealSource-MiMLS
- 2020-11-18 Sold (MLS) $33,000 REALCOMP
- 2020-11-18 Sold (MLS) $33,000 MiRealSource-MiMLS
- 2020-10-19 Contingent — MiRealSource-MiMLS
- 2020-10-02 Price Changed $38,000 MiRealSource-MiMLS
- 2020-08-26 Listed $38,000 REALCOMP
- 2020-08-26 Listed $39,900 MiRealSource-MiMLS
- 2019-06-18 Listing Removed — REALCOMP
- 2019-06-18 Listing Removed — MiRealSource-MiMLS
- 2019-05-22 Price Changed $39,900 MiRealSource-MiMLS
- 2019-05-21 Price Changed $39,900 REALCOMP
- 2019-04-18 Listed $44,900 MiRealSource-MiMLS
- 2019-04-18 Listed $44,900 REALCOMP
- 2012-04-13 Listing Removed — REALCOMP
- 2012-04-13 Listing Removed — MiRealSource-MiMLS
- 2011-09-13 Listed $27,000 REALCOMP
- 2011-09-13 Listed $27,000 MiRealSource-MiMLS
- 2010-05-24 Sold (MLS) $11,000 REALCOMP
- 2010-04-29 Listed $11,500 REALCOMP
- 2009-06-11 Sold (Public Records) $98,000 Public Records
- 2003-05-28 Sold (MLS) $42,000 MiRealSource-MiMLS
- 2003-05-28 Sold (MLS) $42,000 REALCOMP
- 2003-05-15 Listing Removed — MiRealSource-MiMLS
- 2003-04-16 Listing Removed — REALCOMP
- 2003-03-20 Listed $48,900 MiRealSource-MiMLS
- 2003-03-12 Listed $48,900 REALCOMP
- 2002-09-25 Listed $51,900 REALCOMP
- 2002-06-21 Sold (Public Records) $57,433 Public Records
- 1996-05-30 Listing Removed — REALCOMP
- 1995-10-12 Listed $37,500 REALCOMP
Property tax history
+5.2%/yrLatest (2025): $2,637 · -10.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…