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28827 Wauketa Ave
C- Composite 51.55
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

28827 Wauketa Ave · Warren, MI 48092
3 bd · 1.0 ba · 1,323 sqft · SingleFamily public records · 32 Days on market
Built 1935 10,019 sqft lot Est $251k · 15% under

🖨 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

HUGE BACKYARDDRIVE-THROUGH GARAGEOVERSIZED SHEDQUARTER-ACRE LOT

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 $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.
Recommended offer $200,488 (6.7% below list)

Questions for the listing agent

  1. 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?
  2. Built in 1935 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.93%
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

5-year hold
IRR
-8.3%
Equity multiple
0.68×
Total profit
$-19,208
Equity at exit
$32,042
10-year hold
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
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

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

Break-even rent $1,906
Max offer price $214,900
Occupancy floor 91%

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

AddressBedsBaths SqftRent$/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

  1. 2026-04-20
    status 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!

  2. 2026-04-20
    status 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!

  3. 2026-03-24
    historical 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!

  4. 2026-03-24
    historical 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!

  5. 2026-03-19
    listed $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!

  6. 2026-03-19
    listed $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!

  7. 2016-05-10
    soldstatus $115,000
  8. 2016-05-06
    soldstatus $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.

  9. 2016-05-06
    soldstatus $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.

  10. 2016-04-29
    status 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.

  11. 2016-04-26
    historical 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.

  12. 2016-04-16
    status Pending
  13. 2016-04-03
    price $124,900
  14. 2016-03-31
    status 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.

  15. 2016-03-08
    price $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.

  16. 2016-03-02
    historical
  17. 2016-03-01
    listed $129,900 Active
  18. 2016-02-27
    status 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.

  19. 2016-02-23
    historical 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.

  20. 2016-02-22
    listed $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.

  21. 2010-04-29
    soldstatus $36,533
  22. 2010-04-29
    soldstatus $36,533
  23. 2010-03-23
    historical
  24. 2010-03-12
    listed $30,000
  25. 2010-03-12
    listed $30,000
  26. 2009-11-08
    historical
  27. 2009-11-08
    historical
  28. 2009-04-22
    historical
  29. 2009-02-25
    listed $39,900
  30. 2009-02-25
    listed $39,900
  31. 2008-10-20
    historical
  32. 2008-09-02
    listed $145,000
  33. 2008-09-02
    listed $145,000
  34. 2000-09-29
    soldstatus $129,900
  35. 2000-09-06
    soldstatus $129,900
  36. 2000-09-06
    soldstatus $129,900
  37. 2000-08-02
    historical
  38. 2000-07-16
    listed $129,900
  39. 2000-07-15
    listed $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
combined federal + state — saved on this device
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

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

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
22.3% rent · 77.7% 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

Price history

+65.4% since first listed
39 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%/yr

Latest (2025): $3,470 · +2.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…