9193 Rutherford St · Detroit, MI 48228

$116,900

3 bd · 1.0 ba · 1,183 sqft · SingleFamily public records · 64 Days on market

Built 1950 5,227 sqft lot $99/sqft · 78% above area ↓ 6% since listing

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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 +25.0/30.0
• DSCR +8.2/10.0
• ARV discount +7.5/15.0
• 1% rule +6.3/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this updated 3-bedroom bungalow in Detroit offering immediate value and added square footage! This home features a massive addition of nearly 600 sq ft, giving you expanded living space and increased upside potential. Inside, you'll find rich wood flooring throughout, a functional kitchen with classic wood cabinetry, and a practical layout with well-sized bedrooms. The oversized backyard is fully fenced - ideal for tenants or owner-occupants alike - and the 2-car detached garage adds extra convenience. With strong bones, added space, and move-in-ready condition, this property is a great opportunity for both homeowners and investors looking for value.

Key facts

• Fully fenced
• Massive addition
• Oversized backyard

Tags

• MASSIVE ADDITION
• OVERSIZED BACKYARD
• FULLY FENCED
• DETACHED GARAGE

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $117k.

Deal economics

• At list price, monthly cash flow is $255 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $117k).
• Recommended offer: $110k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
• Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-2.3%/yr); 363 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• At $1,326/mo this rent would consume 52% of the median local household income ($31k/yr) (locally 4144% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $808 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 64 days — a 6% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $8k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $109,886 (6.0% below list)

Questions for the listing agent

1. It's been on market 64 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.13% ✓
• Cap rate: 8.91%
• Cash-on-cash: 9.33%
• DSCR: 1.42
• GRM: 7.3

CMA / ARV

• ARV (median comp): $76,885
• List price: $116,900
• Delta: 52.05%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9220 Rutherford St	0.05mi	3/1.5	1,199 (+1%)	1mo	$85,000	$71	93
9660 Abington Ave	0.53mi	3/1.0	1,188 (+0%)	1mo	$59,000	$50	74
9909 Asbury Park	0.45mi	3/1.0	1,095 (-7%)	1mo	$95,000	$87	66
9599 Whitcomb St	0.50mi	3/1.0	1,060 (-10%)	1mo	$55,000	$52	59
8871 Sussex St	0.50mi	3/1.0	1,049 (-11%)	1mo	$118,000	$112	57
9930 Whitcomb St	0.59mi	3/1.0	1,078 (-9%)	2mo	$35,000	$32	56
9003 Archdale St	0.67mi	3/1.0	1,116 (-6%)	5mo	$40,200	$36	55
9316 Whitcomb St	0.42mi	3/1.5	1,029 (-13%)	4mo	$100,000	$97	53
11375 Grandmont Ave	0.70mi	3/1.0	1,083 (-8%)	0mo	$104,000	$96	53
9606 Sussex St	0.57mi	3/2.0	1,060 (-10%)	4mo	$76,000	$72	49
8277 Sussex St	0.70mi	3/1.0	1,038 (-12%)	4mo	$120,000	$116	43
8254 Sussex St	0.74mi	3/1.0	1,006 (-15%)	3mo	$108,000	$107	39

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -5.6%
• Equity multiple: 0.80×
• Total profit: $-6,608
• Equity at exit: $17,430

10-year hold

• IRR: 0.1%
• Equity multiple: 1.00×
• Total profit: $146
• Equity at exit: $10,107

Cash invested: $32,732 (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.

Methodology + full state rankings →

ZIP-level market 48228

• Rents YoY: -2.3%
• Active inventory: 363
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,326 high
• Mortgage (P&I): −$613
• Tax from tax record: −$131 /mo · $1,574/yr
• Insurance: −$49
• HOA: −$0
• Vacancy / Maint / Mgmt: −$278
• Net cashflow: $255

Break-even live

Break-even rent $1,004

Max offer price $116,900

Occupancy floor 76%

Sensitivity live

Price	-10% $321	-5% $288	+0% $255	+5% $221	+10% $188
Rent	-10% $150	-5% $202	+0% $255	+5% $307	+10% $359
Rate	-1.0pp $313	-0.5pp $284	base $255	+0.5pp $224	+1.0pp $193

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $29,225
• Closing costs: $3,507
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9220 Mansfield St Detroit, MI	3.0	1.0	1200	$1,300	$1.08	44d	1	0.06mi
9345 Rutherford St Unit 3 Detroit, MI	2.0	1.0	850	$1,050	$1.24	25d	1	0.15mi
9222 Forrer St Detroit, MI	3.0	1.0	947	$1,450	$1.53	17d	1	0.17mi
9589 Mansfield St Detroit, MI	4.0	1.0	1250	$1,500	$1.20	5d	1	0.32mi
9936 Montrose St Detroit, MI	3.0	1.0	963	$1,200	$1.25	17d	1	0.48mi
9973 Winthrop St Detroit, MI	3.0	1.0	960	$1,400	$1.46	44d	1	0.52mi
8604 Whitcomb St Detroit, MI	3.0	2.0	1033	$1,300	$1.26	44d	1	0.54mi
9386 Coyle St Detroit, MI	3.0	1.0	1000	$1,300	$1.30	2d	1	0.55mi
9546 Sussex St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	44d	1	0.56mi
8331 Whitcomb St Detroit, MI	4.0	1.0	1342	$1,350	$1.01	22d	1	0.62mi
9917 Sussex St Detroit, MI	2.0	1.0	800	$1,375	$1.72	44d	1	0.62mi
9108 Archdale St Detroit, MI	3.0	1.0	1000	$1,300	$1.30	5d	1	0.62mi
10030 Abington Ave Detroit, MI	4.0	2.0	1350	$1,475	$1.09	11d	1	0.64mi
11345 Greenfield Rd Detroit, MI	2.0	1.0	700	$1,050	$1.50	13d	1	0.67mi
9501 Lauder St Detroit, MI	3.0	2.0	1152	$1,350	$1.17	44d	1	0.72mi
14740 W Chicago Unit B Detroit, MI	2.0	1.0	900	$845	$0.94	44d	1	0.74mi
11393 Prest St Detroit, MI	3.0	1.0	900	$1,550	$1.72	17d	1	0.74mi
10015 Robson St Detroit, MI	3.0	2.0	1000	$1,400	$1.40	18d	1	0.76mi
11397 Whitcomb St Detroit, MI	3.0	1.0	1070	$1,400	$1.31	17d	1	0.77mi
11641 Mansfield St Unit 2 Detroit, MI	3.0	1.0	1449	$1,300	$0.90	44d	1	0.78mi
9590 Marlowe St Detroit, MI	2.0	1.0	877	$1,430	$1.63	44d	1	0.82mi
8850 Rosemont Ave Detroit, MI	3.0	1.0	933	$1,100	$1.18	18d	1	0.83mi
11634 Sussex St Detroit, MI	3.0	1.0	1091	$1,326	$1.22	25d	1	0.90mi
8212 Lauder St Detroit, MI	3.0	1.0	1026	$1,150	$1.12	44d	1	0.91mi
8047 Robson St Detroit, MI	3.0	2.0	1184	$1,200	$1.01	44d	1	0.92mi
8451 Rosemont Ave Detroit, MI	3.0	1.0	867	$1,150	$1.33	44d	1	0.95mi
18450 W Chicago Detroit, MI	1.0–2.0	1.0	687	$1,117	$1.62	2d	15	0.96mi
8262 Rosemont Ave Detroit, MI	3.0	1.0	836	$1,200	$1.44	5d	1	0.99mi
8114 Marlowe St Unit home Detroit, MI	3.0	1.0	985	$1,350	$1.37	44d	1	1.00mi
11431 Marlowe St Detroit, MI	3.0	1.0	1172	$1,400	$1.19	17d	1	1.01mi
12121 Montrose St Detroit, MI	3.0	1.0	874	$1,373	$1.57	22d	1	1.01mi
7419 Rutherford St Detroit, MI	2.0	1.0	981	$1,150	$1.17	15d	1	1.09mi
12014 Terry St Detroit, MI	2.0	1.0	1361	$1,200	$0.88	44d	1	1.10mi
9090 Stahelin Ave Detroit, MI	2.0	1.0	787	$1,250	$1.59	44d	1	1.12mi
12039 Lauder St Detroit, MI	3.0	1.5	1000	$1,500	$1.50	25d	1	1.14mi
7312 Mansfield St Detroit, MI	4.0	1.0	1300	$1,400	$1.08	17d	1	1.16mi
11741 Penrod St Detroit, MI	3.0	1.0	1124	$1,400	$1.25	17d	1	1.24mi
11704 Greenview Ave Detroit, MI	4.0	1.0	1046	$1,300	$1.24	25d	1	1.29mi
13717 Keal St Detroit, MI	2.0	1.0	799	$1,000	$1.25	44d	1	1.32mi
9340 Hartwell St Detroit, MI	3.0	1.0	1000	$1,364	$1.36	44d	1	1.38mi

Listing history 19 events

1. 2026-06-18
   days on market $116,900 Active 64 DOM
2. 2026-06-17
   days on market $116,900 Active 63 DOM
3. 2026-06-15
   days on market $116,900 Active 61 DOM
4. 2026-06-13
   days on market $116,900 Active 59 DOM
5. 2026-06-13
   days on market $116,900 Active 58 DOM
6. 2026-06-09
   days on market $116,900 Active 55 DOM
7. 2026-06-08
   days on market $116,900 Active 54 DOM
8. 2026-06-07
   days on market $116,900 Active 53 DOM
9. 2026-06-04
   days on market $116,900 Active 50 DOM
10. 2026-06-03
    days on market $116,900 Active 49 DOM
11. 2026-06-02
    days on market $116,900 Active 48 DOM
12. 2026-06-01
    days on market $116,900 Active 47 DOM
13. 2026-05-31
    days on market $116,900 Active 46 DOM
14. 2026-05-18
    historical Accepting Backup Offers 669-char remark

    Show marketing remark (683 chars)

    Welcome to this updated 3-bedroom bungalow in Detroit offering immediate value and added square footage! This home features a massive addition of nearly 600 sq ft, giving you expanded living space and increased upside potential. Inside, you’ll find rich wood flooring throughout, a functional kitchen with classic wood cabinetry, and a practical layout with well-sized bedrooms. The oversized backyard is fully fenced—ideal for tenants or owner-occupants alike—and the 2-car detached garage adds extra convenience. With strong bones, added space, and move-in-ready condition, this property is a great opportunity for both homeowners and investors looking for value.

15. 2026-05-18
    historical Active Under Contract 683-char remark

    Show marketing remark (683 chars)

    Welcome to this updated 3-bedroom bungalow in Detroit offering immediate value and added square footage! This home features a massive addition of nearly 600 sq ft, giving you expanded living space and increased upside potential. Inside, you’ll find rich wood flooring throughout, a functional kitchen with classic wood cabinetry, and a practical layout with well-sized bedrooms. The oversized backyard is fully fenced—ideal for tenants or owner-occupants alike—and the 2-car detached garage adds extra convenience. With strong bones, added space, and move-in-ready condition, this property is a great opportunity for both homeowners and investors looking for value.

16. 2026-05-04
    price $116,900 669-char remark

    Show marketing remark (683 chars)

    Welcome to this updated 3-bedroom bungalow in Detroit offering immediate value and added square footage! This home features a massive addition of nearly 600 sq ft, giving you expanded living space and increased upside potential. Inside, you’ll find rich wood flooring throughout, a functional kitchen with classic wood cabinetry, and a practical layout with well-sized bedrooms. The oversized backyard is fully fenced—ideal for tenants or owner-occupants alike—and the 2-car detached garage adds extra convenience. With strong bones, added space, and move-in-ready condition, this property is a great opportunity for both homeowners and investors looking for value.

17. 2026-05-04
    price $116,900 683-char remark

    Show marketing remark (683 chars)

    Welcome to this updated 3-bedroom bungalow in Detroit offering immediate value and added square footage! This home features a massive addition of nearly 600 sq ft, giving you expanded living space and increased upside potential. Inside, you’ll find rich wood flooring throughout, a functional kitchen with classic wood cabinetry, and a practical layout with well-sized bedrooms. The oversized backyard is fully fenced—ideal for tenants or owner-occupants alike—and the 2-car detached garage adds extra convenience. With strong bones, added space, and move-in-ready condition, this property is a great opportunity for both homeowners and investors looking for value.

18. 2026-04-14
    listed $125,000 Active 669-char remark

    Show marketing remark (683 chars)

    Welcome to this updated 3-bedroom bungalow in Detroit offering immediate value and added square footage! This home features a massive addition of nearly 600 sq ft, giving you expanded living space and increased upside potential. Inside, you’ll find rich wood flooring throughout, a functional kitchen with classic wood cabinetry, and a practical layout with well-sized bedrooms. The oversized backyard is fully fenced—ideal for tenants or owner-occupants alike—and the 2-car detached garage adds extra convenience. With strong bones, added space, and move-in-ready condition, this property is a great opportunity for both homeowners and investors looking for value.

19. 2026-04-14
    listed $125,000 Active 683-char remark

    Show marketing remark (683 chars)

    Welcome to this updated 3-bedroom bungalow in Detroit offering immediate value and added square footage! This home features a massive addition of nearly 600 sq ft, giving you expanded living space and increased upside potential. Inside, you’ll find rich wood flooring throughout, a functional kitchen with classic wood cabinetry, and a practical layout with well-sized bedrooms. The oversized backyard is fully fenced—ideal for tenants or owner-occupants alike—and the 2-car detached garage adds extra convenience. With strong bones, added space, and move-in-ready condition, this property is a great opportunity for both homeowners and investors looking for value.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $1,574 · $131/mo
• Projected year-2 tax: $1,687 · $141/mo
• Expected delta: +$113/yr (+$9/mo · 7.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 6 d/yr ≥98°F today · 13 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,910
• − Mortgage interest: −$6,548
• − Property taxes: −$1,574
• − Insurance: −$584
• − Repairs & maintenance: −$1,273
• − Management: −$1,273
• − Depreciation: −$3,401
• Taxable income: $1,257
• Est. tax owed @ 24.0%: −$302
• After-tax cash flow: $2,752/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Detroit Public Schools Community District
• NCES district ID: 2601103
• Math proficiency: 10% ▼ -2.00%
• Reading proficiency: 24% ▲ 6.00%
• Median HH income: $25,815
• Composite: 13.06/100
• National rank: #9564
• State rank: #499 of 540 in MI

Livability — Detroit

• Score: 73/100
• State rank: #218
• US rank: #5427

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Detroit, MI
• County: Wayne County · 1,562,939 people
• City population: 572,865
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 50,117
• Household income: $30,680
• Rent vs Own: 50.7% rent · 49.3% own
• Severe rent burden: 4144.0

Population outlook (Wayne County) Hauer SSP2

• Today (2025): 1,675,273 people
• By 2030: 1,620,300 · -3.3%
• By 2040: 1,502,341 · -10.3%
• By 2050: 1,384,039 · -17.4%
• By 2075: 1,124,592 · -32.9%
• By 2100: 881,193 · -47.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (71%)
• Race & ethnicity: Black 71% White 16% Two or more races 7% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Arab 2% Romanian 2% Lithuanian 1%
• Foreign-born: 11% · Canada
• Languages at home: 82% English-only · Arabic 11% Spanish 5%

Political lean MEDSL · Wayne

• 2024 margin: Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
• 2008→2024 swing: -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
• All cycles: 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -160.81%
• Current HPI: 168.6843
• Rent YoY: ▼ -2.30%
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

-6.5% since first listed

6 events — show timeline

• 2026-05-18 Contingent — MiRealSource-MiMLS
• 2026-05-18 Contingent — REALCOMP
• 2026-05-04 Price Changed $116,900 MiRealSource-MiMLS
• 2026-05-04 Price Changed $116,900 REALCOMP
• 2026-04-14 Listed $125,000 REALCOMP
• 2026-04-14 Listed $125,000 MiRealSource-MiMLS

Property tax history

+3.5%/yr

Latest (2025): $1,574 · -54.1% YoY. Source: county tax records.