28827 Wauketa Ave · Warren, 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 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 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 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 +15.3/30.0
- ARV discount +14.0/15.0
- DSCR +4.7/10.0
- Rent growth +4.5/5.0
- 1% rule +4.3/10.0
- Livability +3.7/5.0
- Schools +2.5/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$214,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to 28827 Wauketa – a well maintained 3-bedroom, 2-bath home in the heart of Warren, offering the perfect blend of space, functionality, and comfort! Spanning 1,568 square feet, this home is ideal for both everyday living and entertaining. The layout provides generous room sizes throughout, highlighted by a spacious primary suite complete with its own private full bathroom. Situated on an expansive quarter-acre lot, the property boasts a huge backyard with endless potential—perfect for gatherings, pets, or simply enjoying the outdoors. A standout feature is the rare drive-through 2-car garage, offering convenient access to the backyard and additional flexibility for storage, hobbies, or recreational vehicles. The oversized shed adds even more storage space for tools and equipment. With its combination of indoor comfort and outdoor space, this home is a fantastic opportunity for homeowners and investors alike. Conveniently located near shopping, dining, and major roadways, 28827 Wauketa delivers both value and versatility. Schedule your showing today and see everything this property has to offer!
Key facts
- Oversized shed
- Drive-through garage
- Huge backyard
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $215k.
Deal economics
- At list price, monthly cash flow is $78 ($938/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 $200k (6.7% below list).
- Recommended offer: $200k (6.7% below list) — sets the bar for 1% rule.
- Cap rate 6.7% vs local median 5.3% in Warren — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 74/100 on livability (#171 in MI, #4,491 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D, amenities D, employment D.
- Warren Consolidated Schools (urban): math 18% / reading 39% proficiency, ranked #373 of 540 in MI (top 69%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Market conditions: Rents rising fast (+8.0%/yr); 96 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 1,321 units permitted in Macomb County in 2024 (86 in 5+ unit buildings).
- This rent runs 33% of the median local income ($74k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- Macomb County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 32 days — a 3% lower offer ($208k) is reasonable based on typical stale-listing flexibility.
- 13 sale attempts since 26y 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.
- Current owner paid $115k; list at $215k implies a 87% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1935 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 32 days. Have you received any prior offers? Is the seller open to a 7% concession, seller financing, or rate buy-down credit?
- Built in 1935 — 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?
- 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
- 0.93% ✗
- Cap rate
- 6.73%
- Cash-on-cash
- 1.56%
- DSCR
- 1.07
- GRM
- 8.9
CMA / ARV
- ARV (on-the-fly)
- $251,370
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 28427 Wexford Dr | 0.21mi | 3/1.5 | 1,377 (+4%) | 3mo | $270,000 | $196 | 79 |
| 29415 Cunningham Dr | 0.53mi | 3/1.5 | 1,316 (-0%) | 9mo | $225,000 | $171 | 65 |
| 3740 Martin Rd | 0.43mi | 3/1.5 | 1,400 (+6%) | 6mo | $270,000 | $193 | 63 |
| 3393 Kevin Cir | 0.31mi | 3/2.0 | 1,403 (+6%) | 10mo | $330,000 | $235 | 63 |
| 28023 James Dr | 0.59mi | 3/1.5 | 1,359 (+3%) | 8mo | $276,000 | $203 | 59 |
| 27436 Haverhill Dr | 0.74mi | 3/1.5 | 1,357 (+3%) | 1mo | $225,000 | $166 | 58 |
| 4719 E 12 Mile Rd | 0.47mi | 3/1.5 | 1,200 (-9%) | 10mo | $190,000 | $158 | 52 |
| 4609 Hayman Dr | 0.50mi | 3/1.5 | 1,506 (+14%) | 6mo | $290,000 | $193 | 46 |
| 3858 Hughes Dr | 0.73mi | 3/1.5 | 1,455 (+10%) | 2mo | $251,000 | $173 | 45 |
| 28150 Loretta Ave | 0.55mi | 3/1.0 | 1,128 (-15%) | 6mo | $150,000 | $133 | 44 |
| 27442 Liberty Dr | 0.66mi | 3/1.5 | 1,150 (-13%) | 2mo | $165,000 | $143 | 43 |
| 28556 Milton St | 0.62mi | 3/1.5 | 1,160 (-12%) | 7mo | $220,500 | $190 | 42 |
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
- -8.3%
- Equity multiple
- 0.68×
- Total profit
- $-19,208
- Equity at exit
- $32,042
- IRR
- 6.9%
- Equity multiple
- 1.63×
- Total profit
- $38,081
- Equity at exit
- $18,581
Cash invested: $60,172 (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 48092
- Rents YoY
- 8.0%
- Active inventory
- 96
- Price-to-rent
- 8.9×
Monthly cashflow live
- Estimated rent
- $2,005 high interval (Pro) →
- Mortgage (P&I)
- −$1,127
- Tax from tax record
- −$289 /mo · $3,470/yr
- Insurance
- −$90
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$421
- Net cashflow
- $78
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
- $53,725
- Closing costs
- $6,447
- 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 15 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 28439 Wexford Dr Warren, MI | 3.0 | 1.5 | 1253 | $2,099 | $1.68 | 24d | 1 | 0.17mi |
| 28222 Saint Louise Dr Warren, MI | 3.0 | 2.0 | 1600 | $5,500 | $3.44 | 1d | 1 | 0.53mi |
| 27592 Strathmoor Dr Warren, MI | 4.0 | 1.5 | 1809 | $2,295 | $1.27 | 43d | 1 | 0.65mi |
| 29408 Dequindre Rd Unit 203 Warren, MI | 2.0 | 1.0 | 900 | $1,145 | $1.27 | 4d | 1 | 0.77mi |
| 27489 Parkview Blvd Warren, MI | 1.0–2.0 | 1.0–1.5 | 850 | $1,465 | $1.72 | 4d | 12 | 0.86mi |
| 29336 Dequindre Rd Unit 103 Warren, MI | 2.0 | 1.0 | 900 | $1,245 | $1.38 | 4d | 1 | 0.89mi |
| 14895 Twelve Mile Rd Warren, MI | 1.0–2.0 | 1.0–1.5 | 1025 | $1,560 | $1.52 | 1d | 4 | 0.89mi |
| 29264 Tessmer Ct Madison Heights, MI | 2.0 | 1.5 | 1128 | $1,395 | $1.24 | 43d | 1 | 0.97mi |
| 29745 Fox Run Cir Warren, MI | 3.0 | 2.0 | 1487 | $2,200 | $1.48 | 43d | 1 | 1.08mi |
| 1554 Cynthia Ave Madison Heights, MI | 3.0 | 1.5 | 1021 | $1,950 | $1.91 | 3d | 1 | 1.09mi |
| 1322 Elliott Ave Madison Heights, MI | 3.0 | 1.5 | 1500 | $2,100 | $1.40 | 17d | 1 | 1.24mi |
| 27385 Park Ct Unit 1364147P Madison Heights, MI | 3.0 | 1.0 | 904 | $1,678 | $1.86 | 1d | 1 | 1.35mi |
| 4473 Buchanan Ave Warren, MI | 3.0 | 1.5 | 1064 | $1,650 | $1.55 | 24d | 1 | 1.36mi |
| 1045 E 12 Mile Rd Madison Heights, MI | 3.0 | 1.0 | 1700 | $4,000 | $2.35 | 1d | 1 | 1.38mi |
| 4385 Frazho Rd Warren, MI | 1.0–2.0 | 1.0 | 825 | $1,305 | $1.58 | 2d | 6 | 1.41mi |
Listing history 39 events
-
2026-04-20status Pending
Show marketing remark (1132 chars)
Welcome to 28827 Wauketa – a well maintained 3-bedroom, 2-bath home in the heart of Warren, offering the perfect blend of space, functionality, and comfort! Spanning 1,568 square feet, this home is ideal for both everyday living and entertaining. The layout provides generous room sizes throughout, highlighted by a spacious primary suite complete with its own private full bathroom. Situated on an expansive quarter-acre lot, the property boasts a huge backyard with endless potential—perfect for gatherings, pets, or simply enjoying the outdoors. A standout feature is the rare drive-through 2-car garage, offering convenient access to the backyard and additional flexibility for storage, hobbies, or recreational vehicles. The oversized shed adds even more storage space for tools and equipment. With its combination of indoor comfort and outdoor space, this home is a fantastic opportunity for homeowners and investors alike. Conveniently located near shopping, dining, and major roadways, 28827 Wauketa delivers both value and versatility. Schedule your showing today and see everything this property has to offer!
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2026-04-20status Pending 1132-char remark
Show marketing remark (1132 chars)
Welcome to 28827 Wauketa – a well maintained 3-bedroom, 2-bath home in the heart of Warren, offering the perfect blend of space, functionality, and comfort! Spanning 1,568 square feet, this home is ideal for both everyday living and entertaining. The layout provides generous room sizes throughout, highlighted by a spacious primary suite complete with its own private full bathroom. Situated on an expansive quarter-acre lot, the property boasts a huge backyard with endless potential—perfect for gatherings, pets, or simply enjoying the outdoors. A standout feature is the rare drive-through 2-car garage, offering convenient access to the backyard and additional flexibility for storage, hobbies, or recreational vehicles. The oversized shed adds even more storage space for tools and equipment. With its combination of indoor comfort and outdoor space, this home is a fantastic opportunity for homeowners and investors alike. Conveniently located near shopping, dining, and major roadways, 28827 Wauketa delivers both value and versatility. Schedule your showing today and see everything this property has to offer!
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2026-03-24historical Active Under Contract
Show marketing remark (1132 chars)
Welcome to 28827 Wauketa – a well maintained 3-bedroom, 2-bath home in the heart of Warren, offering the perfect blend of space, functionality, and comfort! Spanning 1,568 square feet, this home is ideal for both everyday living and entertaining. The layout provides generous room sizes throughout, highlighted by a spacious primary suite complete with its own private full bathroom. Situated on an expansive quarter-acre lot, the property boasts a huge backyard with endless potential—perfect for gatherings, pets, or simply enjoying the outdoors. A standout feature is the rare drive-through 2-car garage, offering convenient access to the backyard and additional flexibility for storage, hobbies, or recreational vehicles. The oversized shed adds even more storage space for tools and equipment. With its combination of indoor comfort and outdoor space, this home is a fantastic opportunity for homeowners and investors alike. Conveniently located near shopping, dining, and major roadways, 28827 Wauketa delivers both value and versatility. Schedule your showing today and see everything this property has to offer!
-
2026-03-24historical Accepting Backup Offers 1132-char remark
Show marketing remark (1132 chars)
Welcome to 28827 Wauketa – a well maintained 3-bedroom, 2-bath home in the heart of Warren, offering the perfect blend of space, functionality, and comfort! Spanning 1,568 square feet, this home is ideal for both everyday living and entertaining. The layout provides generous room sizes throughout, highlighted by a spacious primary suite complete with its own private full bathroom. Situated on an expansive quarter-acre lot, the property boasts a huge backyard with endless potential—perfect for gatherings, pets, or simply enjoying the outdoors. A standout feature is the rare drive-through 2-car garage, offering convenient access to the backyard and additional flexibility for storage, hobbies, or recreational vehicles. The oversized shed adds even more storage space for tools and equipment. With its combination of indoor comfort and outdoor space, this home is a fantastic opportunity for homeowners and investors alike. Conveniently located near shopping, dining, and major roadways, 28827 Wauketa delivers both value and versatility. Schedule your showing today and see everything this property has to offer!
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2026-03-19$214,900 Active
Show marketing remark (1132 chars)
Welcome to 28827 Wauketa – a well maintained 3-bedroom, 2-bath home in the heart of Warren, offering the perfect blend of space, functionality, and comfort! Spanning 1,568 square feet, this home is ideal for both everyday living and entertaining. The layout provides generous room sizes throughout, highlighted by a spacious primary suite complete with its own private full bathroom. Situated on an expansive quarter-acre lot, the property boasts a huge backyard with endless potential—perfect for gatherings, pets, or simply enjoying the outdoors. A standout feature is the rare drive-through 2-car garage, offering convenient access to the backyard and additional flexibility for storage, hobbies, or recreational vehicles. The oversized shed adds even more storage space for tools and equipment. With its combination of indoor comfort and outdoor space, this home is a fantastic opportunity for homeowners and investors alike. Conveniently located near shopping, dining, and major roadways, 28827 Wauketa delivers both value and versatility. Schedule your showing today and see everything this property has to offer!
-
2026-03-19$214,900 Active 1132-char remark
Show marketing remark (1132 chars)
Welcome to 28827 Wauketa – a well maintained 3-bedroom, 2-bath home in the heart of Warren, offering the perfect blend of space, functionality, and comfort! Spanning 1,568 square feet, this home is ideal for both everyday living and entertaining. The layout provides generous room sizes throughout, highlighted by a spacious primary suite complete with its own private full bathroom. Situated on an expansive quarter-acre lot, the property boasts a huge backyard with endless potential—perfect for gatherings, pets, or simply enjoying the outdoors. A standout feature is the rare drive-through 2-car garage, offering convenient access to the backyard and additional flexibility for storage, hobbies, or recreational vehicles. The oversized shed adds even more storage space for tools and equipment. With its combination of indoor comfort and outdoor space, this home is a fantastic opportunity for homeowners and investors alike. Conveniently located near shopping, dining, and major roadways, 28827 Wauketa delivers both value and versatility. Schedule your showing today and see everything this property has to offer!
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2016-05-10soldstatus $115,000
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2016-05-06soldstatus $115,000 Sold 611-char remark
Show marketing remark (611 chars)
Don't wait! Take a look at this wonderfully updated home and you will want to make it your own. Remodeled thru-out. Newer Kitchen and baths, Newer roof, furnace, windows and more. Huge fenced lot. Drive thru garage with doors on front and back. Wait until you see the size of this Kitchen! Many rooms have been taken to studs and re-drywalled. Added insulation. Updated electrical. Too much to list it all. You need to look for yourself. Showings after 5pm M-F, anytime on weekends. 24 hour notice needed. Exclude wall mounted TV and bracket in master bedroom and freezer in garage. All measurements estimated.
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2016-05-06soldstatus $115,000 Closed
Show marketing remark (611 chars)
Don't wait! Take a look at this wonderfully updated home and you will want to make it your own. Remodeled thru-out. Newer Kitchen and baths, Newer roof, furnace, windows and more. Huge fenced lot. Drive thru garage with doors on front and back. Wait until you see the size of this Kitchen! Many rooms have been taken to studs and re-drywalled. Added insulation. Updated electrical. Too much to list it all. You need to look for yourself. Showings after 5pm M-F, anytime on weekends. 24 hour notice needed. Exclude wall mounted TV and bracket in master bedroom and freezer in garage. All measurements estimated.
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2016-04-29status Pending 611-char remark
Show marketing remark (611 chars)
Don't wait! Take a look at this wonderfully updated home and you will want to make it your own. Remodeled thru-out. Newer Kitchen and baths, Newer roof, furnace, windows and more. Huge fenced lot. Drive thru garage with doors on front and back. Wait until you see the size of this Kitchen! Many rooms have been taken to studs and re-drywalled. Added insulation. Updated electrical. Too much to list it all. You need to look for yourself. Showings after 5pm M-F, anytime on weekends. 24 hour notice needed. Exclude wall mounted TV and bracket in master bedroom and freezer in garage. All measurements estimated.
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2016-04-26historical 611-char remark
Show marketing remark (611 chars)
Don't wait! Take a look at this wonderfully updated home and you will want to make it your own. Remodeled thru-out. Newer Kitchen and baths, Newer roof, furnace, windows and more. Huge fenced lot. Drive thru garage with doors on front and back. Wait until you see the size of this Kitchen! Many rooms have been taken to studs and re-drywalled. Added insulation. Updated electrical. Too much to list it all. You need to look for yourself. Showings after 5pm M-F, anytime on weekends. 24 hour notice needed. Exclude wall mounted TV and bracket in master bedroom and freezer in garage. All measurements estimated.
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2016-04-16status Pending
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2016-04-03price $124,900
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2016-03-31status Pending 611-char remark
Show marketing remark (611 chars)
Don't wait! Take a look at this wonderfully updated home and you will want to make it your own. Remodeled thru-out. Newer Kitchen and baths, Newer roof, furnace, windows and more. Huge fenced lot. Drive thru garage with doors on front and back. Wait until you see the size of this Kitchen! Many rooms have been taken to studs and re-drywalled. Added insulation. Updated electrical. Too much to list it all. You need to look for yourself. Showings after 5pm M-F, anytime on weekends. 24 hour notice needed. Exclude wall mounted TV and bracket in master bedroom and freezer in garage. All measurements estimated.
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2016-03-08price $124,900 611-char remark
Show marketing remark (611 chars)
Don't wait! Take a look at this wonderfully updated home and you will want to make it your own. Remodeled thru-out. Newer Kitchen and baths, Newer roof, furnace, windows and more. Huge fenced lot. Drive thru garage with doors on front and back. Wait until you see the size of this Kitchen! Many rooms have been taken to studs and re-drywalled. Added insulation. Updated electrical. Too much to list it all. You need to look for yourself. Showings after 5pm M-F, anytime on weekends. 24 hour notice needed. Exclude wall mounted TV and bracket in master bedroom and freezer in garage. All measurements estimated.
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2016-03-02historical
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2016-03-01$129,900 Active
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2016-02-27status Active 611-char remark
Show marketing remark (611 chars)
Don't wait! Take a look at this wonderfully updated home and you will want to make it your own. Remodeled thru-out. Newer Kitchen and baths, Newer roof, furnace, windows and more. Huge fenced lot. Drive thru garage with doors on front and back. Wait until you see the size of this Kitchen! Many rooms have been taken to studs and re-drywalled. Added insulation. Updated electrical. Too much to list it all. You need to look for yourself. Showings after 5pm M-F, anytime on weekends. 24 hour notice needed. Exclude wall mounted TV and bracket in master bedroom and freezer in garage. All measurements estimated.
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2016-02-23historical 611-char remark
Show marketing remark (611 chars)
Don't wait! Take a look at this wonderfully updated home and you will want to make it your own. Remodeled thru-out. Newer Kitchen and baths, Newer roof, furnace, windows and more. Huge fenced lot. Drive thru garage with doors on front and back. Wait until you see the size of this Kitchen! Many rooms have been taken to studs and re-drywalled. Added insulation. Updated electrical. Too much to list it all. You need to look for yourself. Showings after 5pm M-F, anytime on weekends. 24 hour notice needed. Exclude wall mounted TV and bracket in master bedroom and freezer in garage. All measurements estimated.
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2016-02-22$129,900 Active 611-char remark
Show marketing remark (611 chars)
Don't wait! Take a look at this wonderfully updated home and you will want to make it your own. Remodeled thru-out. Newer Kitchen and baths, Newer roof, furnace, windows and more. Huge fenced lot. Drive thru garage with doors on front and back. Wait until you see the size of this Kitchen! Many rooms have been taken to studs and re-drywalled. Added insulation. Updated electrical. Too much to list it all. You need to look for yourself. Showings after 5pm M-F, anytime on weekends. 24 hour notice needed. Exclude wall mounted TV and bracket in master bedroom and freezer in garage. All measurements estimated.
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2010-04-29soldstatus $36,533
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2010-04-29soldstatus $36,533
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2010-03-23historical
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2010-03-12$30,000
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2010-03-12$30,000
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2009-11-08historical
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2009-11-08historical
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2009-04-22historical
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2009-02-25$39,900
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2009-02-25$39,900
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2008-10-20historical
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2008-09-02$145,000
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2008-09-02$145,000
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2000-09-29soldstatus $129,900
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2000-09-06soldstatus $129,900
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2000-09-06soldstatus $129,900
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2000-08-02historical
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2000-07-16$129,900
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2000-07-15$129,900
ⓘ 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
- $3,470 · $289/mo
- Projected year-2 tax
- $3,470 · $289/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 ≥97°F today · 15 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 3/10 Moderate 3 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
- $24,059
- − Mortgage interest
- −$12,038
- − Property taxes
- −$3,470
- − Insurance
- −$1,074
- − Repairs & maintenance
- −$1,925
- − Management
- −$1,925
- − Depreciation
- −$6,252
- Taxable loss
- −$2,625
- Est. tax savings @ 24.0%
- +$630
- After-tax cash flow
- $1,568/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
- Warren Consolidated Schools
- NCES district ID
- 2635190
- Math proficiency
- 18% ▼ -14.00%
- Reading proficiency
- 39% ▼ -8.00%
- Median HH income
- $52,259
- Composite
- 25.09/100
- National rank
- #7533
- State rank
- #373 of 540 in MI
Livability — Warren
- Score
- 74/100
- State rank
- #171
- US rank
- #4491
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Warren, MI
- County
- Macomb County · 638,552 people
- City population
- 114,937
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 27,374
- Household income
- $73,808
- Rent vs Own
- Severe rent burden
- 675.0
Population outlook (Macomb County) Hauer SSP2
- Today (2025)
- 925,296 people
- By 2030
- 948,226 · +2.5%
- By 2040
- 983,961 · +6.3%
- By 2050
- 1,010,200 · +9.2%
- By 2075
- 1,076,222 · +16.3%
- By 2100
- 1,077,065 · +16.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.55)
- Race & ethnicity
- White 63% Asian 17% Black 14% Two or more races 4% Hispanic / Latino 2%
- Common ancestry
- Romanian 10% Arab 4% Subsaharan African 2%
- Foreign-born
- 22% · Vietnam, Canada, China
- Languages at home
- 70% English-only · Other Indo-European 11% Arabic 5% Russian/Polish/Slavic 3%
Political lean MEDSL · Macomb
- 2024 margin
- R (+13.7) · D 42.2% · R 55.9% · Other 1.9%
- 2008→2024 swing
- -22.3pp toward R · 2008: 8.6pp · 2024: -13.7pp
- All cycles
- 2024: R+13.7 2020: R+8.1 2016: R+11.6 2012: D+4.0 2008: D+8.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -262.85%
- Current HPI
- 189.7524
- Rent YoY
- ▲ 8.03%
- 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 |
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| 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
+65.4% since first listed39 events — show timeline
- 2026-04-20 Pending — REALCOMP
- 2026-04-20 Pending — MiRealSource-MiMLS
- 2026-03-24 Contingent — REALCOMP
- 2026-03-24 Contingent — MiRealSource-MiMLS
- 2026-03-19 Listed $214,900 MiRealSource-MiMLS
- 2026-03-19 Listed $214,900 REALCOMP
- 2016-05-10 Sold (Public Records) $115,000 Public Records
- 2016-05-06 Sold (MLS) $115,000 MiRealSource-MiMLS
- 2016-05-06 Sold (MLS) $115,000 REALCOMP
- 2016-04-29 Pending — REALCOMP
- 2016-04-26 Listing Removed — REALCOMP
- 2016-04-16 Pending — MiRealSource-MiMLS
- 2016-04-03 Price Changed $124,900 MiRealSource-MiMLS
- 2016-03-31 Pending — REALCOMP
- 2016-03-08 Price Changed $124,900 REALCOMP
- 2016-03-02 Listing Removed — MiRealSource-MiMLS
- 2016-03-01 Listed $129,900 MiRealSource-MiMLS
- 2016-02-27 Relisted — REALCOMP
- 2016-02-23 Listing Removed — REALCOMP
- 2016-02-22 Listed $129,900 REALCOMP
- 2010-04-29 Sold (MLS) $36,533 MiRealSource-MiMLS
- 2010-04-29 Sold (MLS) $36,533 REALCOMP
- 2010-03-23 Listing Removed — MiRealSource-MiMLS
- 2010-03-12 Listed $30,000 MiRealSource-MiMLS
- 2010-03-12 Listed $30,000 REALCOMP
- 2009-11-08 Listing Removed — REALCOMP
- 2009-11-08 Listing Removed — MiRealSource-MiMLS
- 2009-04-22 Listing Removed — MiRealSource-MiMLS
- 2009-02-25 Listed $39,900 REALCOMP
- 2009-02-25 Listed $39,900 MiRealSource-MiMLS
- 2008-10-20 Listing Removed — REALCOMP
- 2008-09-02 Listed $145,000 REALCOMP
- 2008-09-02 Listed $145,000 MiRealSource-MiMLS
- 2000-09-29 Sold (Public Records) $129,900 Public Records
- 2000-09-06 Sold (MLS) $129,900 REALCOMP
- 2000-09-06 Sold (MLS) $129,900 MiRealSource-MiMLS
- 2000-08-02 Listing Removed — MiRealSource-MiMLS
- 2000-07-16 Listed $129,900 MiRealSource-MiMLS
- 2000-07-15 Listed $129,900 REALCOMP
Property tax history
+7.0%/yrLatest (2025): $3,470 · +2.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…