CashFlowRE
Sign in Sign up
926 Catalpa Dr
C- Composite 50.6
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).

  • ARV discount +15.0/15.0
  • Cash flow +13.1/30.0
  • Schools +4.4/10.0
  • Livability +4.2/5.0
  • DSCR +3.9/10.0
  • 1% rule +3.8/10.0
  • Rent growth +3.7/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$299,900

926 Catalpa Dr · Royal Oak, MI 48067
3 bd · 1.5 ba · 1,820 sqft · SingleFamily public records · 33 Days on market
Built 1955 6,970 sqft lot Est $428k · 30% under

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

Listing remarks MLS

Charming & cozy move-in-ready ranch located in Royal Oak's highly desirable Vinsetta Park neighborhood - perfectly centered between Downtown Royal Oak, Woodward Avenue and Meininger Park! As clean and meticulous as they come, this property offers several features including beautiful original hardwood floors throughout the main level, newer kitchen with maple cabinets, eat-in kitchen, recently updated quartz counters, new decorative backsplash, new farmhouse sink and new stainless steel appliances (2024), stylish light fixtures, three spacious bedrooms, two full updated bathrooms with sharp white aesthetic, full finished basement with newer carpet, drywall, brick accent wall, adequate storage space and laundry facilities, large fenced backyard with an expansive patio, string-lights, 1.5-Car garage with a newer garage door and garage door opener! Brand new paved road in-progress bringing a smooth commute and enhanced curb appeal for its future new owner. Near countless amenities within minutes of shopping, restaurants and major freeways! An impressive offering at a competitive value that cannot be duplicated!

Key facts

  • 6,970 sq ft lot
  • Garage
  • Built 1955

Property features AI

Finance

  • Other: Pets allowed

Exterior

  • Parking: Detached garage with garage door opener; Driveway; Approximately 1.5 garage spaces
  • Security: Smoke detector(s)
  • Utilities: Public water; Public sewer; Circuit breaker electrical service; Cable available
  • Home design: Single family residence; One level (ground-level entry)
  • Construction: Built with other construction materials; Block foundation; Asphalt roof
  • Exterior features: Patio; Porch; Fenced backyard; Paved road frontage

Interior

  • Kitchen: Free-standing gas range; Free-standing refrigerator; Dishwasher; Microwave; Disposal; Stainless steel appliances; Gas water heater
  • Bedrooms: 7 total rooms (bedroom count not specified)
  • Bathrooms: 2 full bathrooms
  • Interior features: Finished basement; Smoke detectors; Lighting
  • Laundry & utility: Laundry room with washer and dryer

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/1.5-bath single-family listed at $300k.

Deal economics

  • At list price, monthly cash flow is $-12 ($-140/yr) — negative.
  • To cash-flow at today's rent, offer at most $298k (0.7% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $265k (11.6% below list).
  • Recommended offer: $265k (11.6% below list) — sets the bar for 1% rule.
  • Cap rate 6.2% vs local median 3.7% in Royal Oak — 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 83/100 on livability (#50 in MI, #1,020 nationally) — a professional / high-income tenant draw. Strengths: crime A+, commute A+, employment A+; Watch: amenities D+.
  • Royal Oak Schools (suburban): math 41% / reading 59% proficiency, ranked #89 of 540 in MI (top 16%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 20% free/reduced lunch — higher-income household profile.
  • Zoned schools: Northwood Elementary School (math 68% / reading 71%, grade A-, #74 of 1,397 statewide, top 7%, 449 students, 12% FRL); Royal Oak Middle School (math 35% / reading 56%, grade D+, #161 of 493 statewide, top 33%, 1,060 students, 28% FRL); Royal Oak High School (math 49% / reading 75%, grade B-, #58 of 713 statewide, top 9%, 1,341 students, 26% FRL) — zoned schools at 22% FRL track the district average.
  • Market conditions: Rents rising fast (+4.7%/yr); 217 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 33 days — a 3% lower offer ($291k) is reasonable based on typical stale-listing flexibility.
  • 11 sale attempts since 24y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $265,084 (11.6% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  3. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  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
0.88%
Cap rate
6.25%
Cash-on-cash
-0.17%
DSCR
0.99
GRM
9.4

CMA / ARV

ARV (on-the-fly)
$427,700
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
926 Catalpa Dr 0.00mi 3/2.0 1,710 (-6%) 1mo $300,000 $175 87
1212 Mayfield Dr 0.18mi 3/2.0 1,783 (-2%) 2mo $515,000 $289 85
923 N Center St 0.46mi 3/1.5 1,829 (+0%) 1mo $465,000 $254 77
1517 Marywood Dr 0.40mi 3/2.5 1,800 (-1%) 2mo $440,000 $244 74
1012 Woodsboro Dr 0.29mi 3/2.0 1,932 (+6%) 2mo $360,000 $186 73
1028 Edgewood Dr 0.26mi 3/1.5 1,586 (-13%) 1mo $369,000 $233 66
923 W 11 Mile Rd 0.57mi 4/1.0 (+1) 1,925 (+6%) 0mo $361,250 $188 57
1802 W Farnum Ave 0.39mi 4/2.0 (+1) 1,620 (-11%) 1mo $382,000 $236 56
686 Princeton Rd 0.57mi 3/2.0 1,660 (-9%) 2mo $373,000 $225 55
233 Gardenia Ave 0.67mi 2/1.5 (-1) 1,679 (-8%) 1mo $390,000 $232 50
1526 Sycamore Ave 0.74mi 4/2.0 (+1) 1,725 (-5%) 0mo $445,000 $258 49
1149 Larkmoor Blvd 0.67mi 3/2.0 2,088 (+15%) 1mo $491,000 $235 41

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 · 4.72% rent growth · sell at horizon

5-year hold
IRR
-14.6%
Equity multiple
0.47×
Total profit
$-44,615
Equity at exit
$44,716
10-year hold
IRR
-3.3%
Equity multiple
0.77×
Total profit
$-19,731
Equity at exit
$25,930

Cash invested: $83,972 (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 48067

Rents YoY
4.7%
Active inventory
217
Price-to-rent
9.4×

Monthly cashflow live

Estimated rent
$2,651 high interval (Pro) →
Mortgage (P&I)
$1,573
Tax from tax record
$408 /mo · $4,898/yr
Insurance
$125
HOA
$0
Vacancy / Maint / Mgmt
$557
Net cashflow
$-12

Break-even live

Break-even rent $2,666
Max offer price $297,835
Occupancy floor 95%

Sensitivity live

Price -10% $158 -5% $73 +0% $-12 +5% $-97 +10% $-181
Rent -10% $-221 -5% $-116 +0% $-12 +5% $93 +10% $198
Rate -1.0pp $139 -0.5pp $65 base $-12 +0.5pp $-89 +1.0pp $-168

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
$74,975
Closing costs
$8,997
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 24 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1016 Greenleaf Dr Royal Oak, MI 4.0 2.5 2249 $2,950 $1.31 7d 1 0.21mi
927 Cedarhill Dr Royal Oak, MI 4.0 2.5 1620 $2,500 $1.54 26d 1 0.34mi
1723 Edgewood Dr Unit Labs Royal Oak, MI 3.0 3.0 1451 $3,000 $2.07 7d 1 0.46mi
1414 Crooks Rd Unit 2 Royal Oak, MI 3.0 2.0 1400 $1,800 $1.29 26d 1 0.48mi
1031 N Sherman Dr Unit A Royal Oak, MI 3.0 2.5 1500 $3,000 $2.00 4d 1 0.48mi
215 Woodsboro Dr Royal Oak, MI 3.0 2.0 2542 $2,200 $0.87 7d 1 0.49mi
211 Woodsboro Dr Unit LOWER Royal Oak, MI 3.0 2.0 1800 $1,425 $0.79 26d 1 0.50mi
674 W Eleven Mile Rd Unit 4B Royal Oak, MI 2.0 2.5 1577 $2,700 $1.71 12d 1 0.60mi
610 W 4th St Royal Oak, MI 3.0 2.5 1700 $2,400 $1.41 0d 1 0.77mi
118 N Main St Royal Oak, MI 3.0 1.0–3.0 1432 $6,200 $4.33 0d 4 0.78mi
709 Hawthorn Ave Royal Oak, MI 3.0 1.5 2248 $3,000 $1.33 26d 1 0.93mi
508 Marlin Ave Royal Oak, MI 3.0 2.5 1678 $3,000 $1.79 22d 1 0.93mi
100 W 5th St Royal Oak, MI 2.0 2.0 1283 $3,015 $2.35 7d 2 0.95mi
1674 Eaton Rd Berkley, MI 3.0 2.0 1500 $2,975 $1.98 45d 1 0.96mi
617 E 3rd St Royal Oak, MI 4.0 2.5 2225 $3,100 $1.39 1d 1 1.11mi
325 E 6th St Unit 325-10 Royal Oak, MI 2.0 1.5 1400 $1,895 $1.35 7d 1 1.11mi
615 E 5th St Royal Oak, MI 4.0 3.0 1329 $3,000 $2.26 26d 1 1.18mi
2702 N Main St Royal Oak, MI 3.0 1.5 1500 $2,350 $1.57 5d 1 1.22mi
1100 S Main St Royal Oak, MI 1.0–2.0 1.0–2.0 1179 $6,000 $5.09 0d 3 1.33mi
2330 Wiltshire Rd Berkley, MI 3.0 1.0 1254 $2,400 $1.91 4d 1 1.36mi
1641 Fairview Ave Royal Oak, MI 2.0 1.0 1650 $1,640 $0.99 26d 1 1.41mi
1106 Grove Ave Royal Oak, MI 4.0 2.5 1289 $2,325 $1.80 0d 1 1.45mi
1337 S Washington Ave Royal Oak, MI 2.0 2.0 1380 $2,350 $1.70 0d 1 1.46mi
3121 Ferncliff Ave Royal Oak, MI 3.0 2.0 1700 $3,500 $2.06 0d 1 1.49mi

Listing history 40 events

  1. 2026-06-02
    statusdays on market $299,900 Pending 33 DOM
  2. 2026-06-01
    days on market $299,900 Active Under Contract 32 DOM
  3. 2026-05-31
    days on market $299,900 Active Under Contract 31 DOM
  4. 2026-05-04
    historical Accepting Backup Offers 1130-char remark
    Show marketing remark (1130 chars)

    Charming & cozy move-in-ready ranch located in Royal Oak's highly desirable Vinsetta Park neighborhood - perfectly centered between Downtown Royal Oak, Woodward Avenue and Meininger Park! As clean and meticulous as they come, this property offers several features including beautiful original hardwood floors throughout the main level, newer kitchen with maple cabinets, eat-in kitchen, recently updated quartz counters, new decorative backsplash, new farmhouse sink and new stainless steel appliances (2024), stylish light fixtures, three spacious bedrooms, two full updated bathrooms with sharp white aesthetic, full finished basement with newer carpet, drywall, brick accent wall, adequate storage space and laundry facilities, large fenced backyard with an expansive patio, string-lights, 1.5-Car garage with a newer garage door and garage door opener! Brand new paved road in-progress bringing a smooth commute and enhanced curb appeal for its future new owner. Near countless amenities within minutes of shopping, restaurants and major freeways! An impressive offering at a competitive value that cannot be duplicated!

  5. 2026-05-04
    historical Active Under Contract
    Show marketing remark (1130 chars)

    Charming & cozy move-in-ready ranch located in Royal Oak's highly desirable Vinsetta Park neighborhood - perfectly centered between Downtown Royal Oak, Woodward Avenue and Meininger Park! As clean and meticulous as they come, this property offers several features including beautiful original hardwood floors throughout the main level, newer kitchen with maple cabinets, eat-in kitchen, recently updated quartz counters, new decorative backsplash, new farmhouse sink and new stainless steel appliances (2024), stylish light fixtures, three spacious bedrooms, two full updated bathrooms with sharp white aesthetic, full finished basement with newer carpet, drywall, brick accent wall, adequate storage space and laundry facilities, large fenced backyard with an expansive patio, string-lights, 1.5-Car garage with a newer garage door and garage door opener! Brand new paved road in-progress bringing a smooth commute and enhanced curb appeal for its future new owner. Near countless amenities within minutes of shopping, restaurants and major freeways! An impressive offering at a competitive value that cannot be duplicated!

  6. 2026-05-01
    listed $299,900 Active 1130-char remark
    Show marketing remark (1130 chars)

    Charming & cozy move-in-ready ranch located in Royal Oak's highly desirable Vinsetta Park neighborhood - perfectly centered between Downtown Royal Oak, Woodward Avenue and Meininger Park! As clean and meticulous as they come, this property offers several features including beautiful original hardwood floors throughout the main level, newer kitchen with maple cabinets, eat-in kitchen, recently updated quartz counters, new decorative backsplash, new farmhouse sink and new stainless steel appliances (2024), stylish light fixtures, three spacious bedrooms, two full updated bathrooms with sharp white aesthetic, full finished basement with newer carpet, drywall, brick accent wall, adequate storage space and laundry facilities, large fenced backyard with an expansive patio, string-lights, 1.5-Car garage with a newer garage door and garage door opener! Brand new paved road in-progress bringing a smooth commute and enhanced curb appeal for its future new owner. Near countless amenities within minutes of shopping, restaurants and major freeways! An impressive offering at a competitive value that cannot be duplicated!

  7. 2026-05-01
    listed $299,900 Active
    Show marketing remark (1130 chars)

    Charming & cozy move-in-ready ranch located in Royal Oak's highly desirable Vinsetta Park neighborhood - perfectly centered between Downtown Royal Oak, Woodward Avenue and Meininger Park! As clean and meticulous as they come, this property offers several features including beautiful original hardwood floors throughout the main level, newer kitchen with maple cabinets, eat-in kitchen, recently updated quartz counters, new decorative backsplash, new farmhouse sink and new stainless steel appliances (2024), stylish light fixtures, three spacious bedrooms, two full updated bathrooms with sharp white aesthetic, full finished basement with newer carpet, drywall, brick accent wall, adequate storage space and laundry facilities, large fenced backyard with an expansive patio, string-lights, 1.5-Car garage with a newer garage door and garage door opener! Brand new paved road in-progress bringing a smooth commute and enhanced curb appeal for its future new owner. Near countless amenities within minutes of shopping, restaurants and major freeways! An impressive offering at a competitive value that cannot be duplicated!

  8. 2026-04-30
    historical $299,900 1130-char remark
    Show marketing remark (1130 chars)

    Charming & cozy move-in-ready ranch located in Royal Oak's highly desirable Vinsetta Park neighborhood - perfectly centered between Downtown Royal Oak, Woodward Avenue and Meininger Park! As clean and meticulous as they come, this property offers several features including beautiful original hardwood floors throughout the main level, newer kitchen with maple cabinets, eat-in kitchen, recently updated quartz counters, new decorative backsplash, new farmhouse sink and new stainless steel appliances (2024), stylish light fixtures, three spacious bedrooms, two full updated bathrooms with sharp white aesthetic, full finished basement with newer carpet, drywall, brick accent wall, adequate storage space and laundry facilities, large fenced backyard with an expansive patio, string-lights, 1.5-Car garage with a newer garage door and garage door opener! Brand new paved road in-progress bringing a smooth commute and enhanced curb appeal for its future new owner. Near countless amenities within minutes of shopping, restaurants and major freeways! An impressive offering at a competitive value that cannot be duplicated!

  9. 2022-10-31
    soldstatus $269,000
  10. 2022-10-27
    soldstatus $269,000 Sold 857-char remark
    Show marketing remark (857 chars)

    Welcome Home to 926 Catalpa! Located on a pleasant tree lined street in the heart of Royal Oak, this move in ready ranch is one you won't want to miss. Quaint curb appeal greets you as you enter the home, nicely size living room is bright and is the center of the home. Hardwood throughout with spacious bedrooms, original built ins and large first floor bathroom. Eat in kitchen has updated appliances, gas range, light wood cabinets and updated hardware. Spacious finished basement with new carpet and full footprint of the first floor. Full second bath with large shower. Fully fence back yard with concrete patio spacious yard. One car garage with new door. Steps away from Meninger Park, Trader Joes, Woodward Corridor and short distance to downtown Royal Oak. Great home in a great part of town. Seller providing one year home warranty to purchaser.

  11. 2022-10-27
    soldstatus $269,000 Closed
    Show marketing remark (857 chars)

    Welcome Home to 926 Catalpa! Located on a pleasant tree lined street in the heart of Royal Oak, this move in ready ranch is one you won't want to miss. Quaint curb appeal greets you as you enter the home, nicely size living room is bright and is the center of the home. Hardwood throughout with spacious bedrooms, original built ins and large first floor bathroom. Eat in kitchen has updated appliances, gas range, light wood cabinets and updated hardware. Spacious finished basement with new carpet and full footprint of the first floor. Full second bath with large shower. Fully fence back yard with concrete patio spacious yard. One car garage with new door. Steps away from Meninger Park, Trader Joes, Woodward Corridor and short distance to downtown Royal Oak. Great home in a great part of town. Seller providing one year home warranty to purchaser.

  12. 2022-10-14
    status Pending
    Show marketing remark (857 chars)

    Welcome Home to 926 Catalpa! Located on a pleasant tree lined street in the heart of Royal Oak, this move in ready ranch is one you won't want to miss. Quaint curb appeal greets you as you enter the home, nicely size living room is bright and is the center of the home. Hardwood throughout with spacious bedrooms, original built ins and large first floor bathroom. Eat in kitchen has updated appliances, gas range, light wood cabinets and updated hardware. Spacious finished basement with new carpet and full footprint of the first floor. Full second bath with large shower. Fully fence back yard with concrete patio spacious yard. One car garage with new door. Steps away from Meninger Park, Trader Joes, Woodward Corridor and short distance to downtown Royal Oak. Great home in a great part of town. Seller providing one year home warranty to purchaser.

  13. 2022-10-14
    status Pending 857-char remark
    Show marketing remark (857 chars)

    Welcome Home to 926 Catalpa! Located on a pleasant tree lined street in the heart of Royal Oak, this move in ready ranch is one you won't want to miss. Quaint curb appeal greets you as you enter the home, nicely size living room is bright and is the center of the home. Hardwood throughout with spacious bedrooms, original built ins and large first floor bathroom. Eat in kitchen has updated appliances, gas range, light wood cabinets and updated hardware. Spacious finished basement with new carpet and full footprint of the first floor. Full second bath with large shower. Fully fence back yard with concrete patio spacious yard. One car garage with new door. Steps away from Meninger Park, Trader Joes, Woodward Corridor and short distance to downtown Royal Oak. Great home in a great part of town. Seller providing one year home warranty to purchaser.

  14. 2022-10-10
    historical Accepting Backup Offers
    Show marketing remark (857 chars)

    Welcome Home to 926 Catalpa! Located on a pleasant tree lined street in the heart of Royal Oak, this move in ready ranch is one you won't want to miss. Quaint curb appeal greets you as you enter the home, nicely size living room is bright and is the center of the home. Hardwood throughout with spacious bedrooms, original built ins and large first floor bathroom. Eat in kitchen has updated appliances, gas range, light wood cabinets and updated hardware. Spacious finished basement with new carpet and full footprint of the first floor. Full second bath with large shower. Fully fence back yard with concrete patio spacious yard. One car garage with new door. Steps away from Meninger Park, Trader Joes, Woodward Corridor and short distance to downtown Royal Oak. Great home in a great part of town. Seller providing one year home warranty to purchaser.

  15. 2022-10-10
    historical Accepting Backup Offers 857-char remark
    Show marketing remark (857 chars)

    Welcome Home to 926 Catalpa! Located on a pleasant tree lined street in the heart of Royal Oak, this move in ready ranch is one you won't want to miss. Quaint curb appeal greets you as you enter the home, nicely size living room is bright and is the center of the home. Hardwood throughout with spacious bedrooms, original built ins and large first floor bathroom. Eat in kitchen has updated appliances, gas range, light wood cabinets and updated hardware. Spacious finished basement with new carpet and full footprint of the first floor. Full second bath with large shower. Fully fence back yard with concrete patio spacious yard. One car garage with new door. Steps away from Meninger Park, Trader Joes, Woodward Corridor and short distance to downtown Royal Oak. Great home in a great part of town. Seller providing one year home warranty to purchaser.

  16. 2022-10-07
    listed $269,000 Active
    Show marketing remark (857 chars)

    Welcome Home to 926 Catalpa! Located on a pleasant tree lined street in the heart of Royal Oak, this move in ready ranch is one you won't want to miss. Quaint curb appeal greets you as you enter the home, nicely size living room is bright and is the center of the home. Hardwood throughout with spacious bedrooms, original built ins and large first floor bathroom. Eat in kitchen has updated appliances, gas range, light wood cabinets and updated hardware. Spacious finished basement with new carpet and full footprint of the first floor. Full second bath with large shower. Fully fence back yard with concrete patio spacious yard. One car garage with new door. Steps away from Meninger Park, Trader Joes, Woodward Corridor and short distance to downtown Royal Oak. Great home in a great part of town. Seller providing one year home warranty to purchaser.

  17. 2022-10-07
    listed $269,000 Active 857-char remark
    Show marketing remark (857 chars)

    Welcome Home to 926 Catalpa! Located on a pleasant tree lined street in the heart of Royal Oak, this move in ready ranch is one you won't want to miss. Quaint curb appeal greets you as you enter the home, nicely size living room is bright and is the center of the home. Hardwood throughout with spacious bedrooms, original built ins and large first floor bathroom. Eat in kitchen has updated appliances, gas range, light wood cabinets and updated hardware. Spacious finished basement with new carpet and full footprint of the first floor. Full second bath with large shower. Fully fence back yard with concrete patio spacious yard. One car garage with new door. Steps away from Meninger Park, Trader Joes, Woodward Corridor and short distance to downtown Royal Oak. Great home in a great part of town. Seller providing one year home warranty to purchaser.

  18. 2022-10-03
    historical $269,000
    Show marketing remark (857 chars)

    Welcome Home to 926 Catalpa! Located on a pleasant tree lined street in the heart of Royal Oak, this move in ready ranch is one you won't want to miss. Quaint curb appeal greets you as you enter the home, nicely size living room is bright and is the center of the home. Hardwood throughout with spacious bedrooms, original built ins and large first floor bathroom. Eat in kitchen has updated appliances, gas range, light wood cabinets and updated hardware. Spacious finished basement with new carpet and full footprint of the first floor. Full second bath with large shower. Fully fence back yard with concrete patio spacious yard. One car garage with new door. Steps away from Meninger Park, Trader Joes, Woodward Corridor and short distance to downtown Royal Oak. Great home in a great part of town. Seller providing one year home warranty to purchaser.

  19. 2022-10-03
    historical $269,000 857-char remark
    Show marketing remark (857 chars)

    Welcome Home to 926 Catalpa! Located on a pleasant tree lined street in the heart of Royal Oak, this move in ready ranch is one you won't want to miss. Quaint curb appeal greets you as you enter the home, nicely size living room is bright and is the center of the home. Hardwood throughout with spacious bedrooms, original built ins and large first floor bathroom. Eat in kitchen has updated appliances, gas range, light wood cabinets and updated hardware. Spacious finished basement with new carpet and full footprint of the first floor. Full second bath with large shower. Fully fence back yard with concrete patio spacious yard. One car garage with new door. Steps away from Meninger Park, Trader Joes, Woodward Corridor and short distance to downtown Royal Oak. Great home in a great part of town. Seller providing one year home warranty to purchaser.

  20. 2018-06-13
    soldstatus $200,500
  21. 2018-05-31
    soldstatus $200,500 Sold
  22. 2018-05-31
    soldstatus $200,500 Closed
  23. 2018-04-29
    status Pending
  24. 2018-04-29
    status Pending
  25. 2018-04-27
    listed $189,900 Active
  26. 2018-04-27
    listed $189,900 Active
  27. 2007-07-26
    soldstatus $163,000
  28. 2003-06-02
    soldstatus $139,000
  29. 2003-04-29
    soldstatus $139,000
  30. 2003-04-29
    soldstatus $139,000
  31. 2003-03-30
    historical
  32. 2003-03-17
    listed $139,900
  33. 2003-03-17
    listed $139,900
  34. 2003-03-06
    historical
  35. 2003-02-17
    listed $142,900
  36. 2003-02-16
    historical
  37. 2003-01-15
    listed $145,000
  38. 2003-01-14
    historical
  39. 2002-11-19
    listed $150,000
  40. 1974-08-01
    soldstatus $27,900

ⓘ 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
$4,898 · $408/mo
Projected year-2 tax
$4,898 · $408/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 2/10 Low 7 d/yr ≥97°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 6 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
$31,810
− Mortgage interest
−$16,799
− Property taxes
−$4,898
− Insurance
−$1,500
− Repairs & maintenance
−$2,545
− Management
−$2,545
− Depreciation
−$8,724
Taxable loss
−$5,201
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,248
After-tax cash flow
$1,108/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
Royal Oak Schools
NCES district ID
2630300
Math proficiency
41% ▼ -10.00%
Reading proficiency
59% ▼ -3.00%
Median HH income
$65,456
Composite
44.19/100
National rank
#2853
State rank
#89 of 540 in MI

Livability — Royal Oak

Score
83/100
State rank
#50
US rank
#1020

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Royal Oak, MI
County
Oakland County · 1,009,092 people
City population
57,974
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
24,868
Household income
$112,840
Rent vs Own
32.5% rent · 67.5% own
Severe rent burden
625.0

Population outlook (Oakland County) Hauer SSP2

Today (2025)
1,335,747 people
By 2030
1,375,100 · +2.9%
By 2040
1,435,385 · +7.5%
By 2050
1,469,250 · +10.0%
By 2075
1,531,946 · +14.7%
By 2100
1,450,485 · +8.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (82%)
Race & ethnicity
White 82% Hispanic / Latino 7% Two or more races 7% Black 3% Asian 3%
Hispanic origin (detail)
Mexican 3%
Common ancestry
Romanian 12% Lithuanian 4% Slovak 4%
Foreign-born
7% · Canada, China, South Korea
Languages at home
92% English-only · Spanish 2% Other Indo-European 2% Russian/Polish/Slavic 1%

Political lean MEDSL · Oakland

2024 margin
D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
2008→2024 swing
-3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
All cycles
2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -571.62%
Current HPI
224.5887
Rent YoY
▲ 4.72%
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

+974.9% since first listed
37 events — show timeline
  • 2026-05-04 Contingent MiRealSource-MiMLS
  • 2026-05-04 Contingent REALCOMP
  • 2026-05-01 Listed $299,900 MiRealSource-MiMLS
  • 2026-05-01 Listed $299,900 REALCOMP
  • 2026-04-30 Coming Soon $299,900 MiRealSource-MiMLS
  • 2022-10-31 Sold (Public Records) $269,000 Public Records
  • 2022-10-27 Sold (MLS) $269,000 MiRealSource-MiMLS
  • 2022-10-27 Sold (MLS) $269,000 REALCOMP
  • 2022-10-14 Pending MiRealSource-MiMLS
  • 2022-10-14 Pending REALCOMP
  • 2022-10-10 Contingent MiRealSource-MiMLS
  • 2022-10-10 Contingent REALCOMP
  • 2022-10-07 Listed $269,000 MiRealSource-MiMLS
  • 2022-10-07 Listed $269,000 REALCOMP
  • 2022-10-03 Coming Soon $269,000 MiRealSource-MiMLS
  • 2022-10-03 Coming Soon $269,000 REALCOMP
  • 2018-06-13 Sold (Public Records) $200,500 Public Records
  • 2018-05-31 Sold (MLS) $200,500 MiRealSource-MiMLS
  • 2018-05-31 Sold (MLS) $200,500 REALCOMP
  • 2018-04-29 Pending MiRealSource-MiMLS
  • 2018-04-29 Pending REALCOMP
  • 2018-04-27 Listed $189,900 MiRealSource-MiMLS
  • 2018-04-27 Listed $189,900 REALCOMP
  • 2007-07-26 Sold (Public Records) $163,000 Public Records
  • 2003-06-02 Sold (Public Records) $139,000 Public Records
  • 2003-04-29 Sold (MLS) $139,000 REALCOMP
  • 2003-04-29 Sold (MLS) $139,000 MiRealSource-MiMLS
  • 2003-03-30 Listing Removed MiRealSource-MiMLS
  • 2003-03-17 Listed $139,900 REALCOMP
  • 2003-03-17 Listed $139,900 MiRealSource-MiMLS
  • 2003-03-06 Listing Removed REALCOMP
  • 2003-02-17 Listed $142,900 REALCOMP
  • 2003-02-16 Listing Removed REALCOMP
  • 2003-01-15 Listed $145,000 REALCOMP
  • 2003-01-14 Listing Removed REALCOMP
  • 2002-11-19 Listed $150,000 REALCOMP
  • 1974-08-01 Sold (Public Records) $27,900 Public Records

Property tax history

+3.8%/yr

Latest (2025): $4,898 · +2.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…