4618 Alter Rd · Detroit, MI 48215

$99,900

3 bd · 1.0 ba · 1,140 sqft · SingleFamily public records · 199 Days on market

Built 1924 3,485 sqft lot $88/sqft · 28% below area Est $139k · 28% under

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +28.1/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.5/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover a spacious duplex offering exceptional versatility, perfect for investors seeking strong income potential. With two distinct living spaces, each equipped with its own kitchen and bathroom, this property is primed for rental opportunities or future value-add improvements. A full basement provides ample storage and the detached garage adds even more functionality. Inside, the main level features a formal dining room and generous living areas. Whether you're looking to expand your portfolio or begin your next renovation project, this duplex delivers the foundation for a high-performing investment. Opportunities like this don't last long--reach out today before it's gone.

Key facts

• Formal dining room
• Full basement
• Two living units

Tags

• TWO LIVING UNITS
• FULL BASEMENT
• DETACHED GARAGE
• FORMAL DINING ROOM

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $315 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $88k (12.0% 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: 137 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 199 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts; this cycle's ask has dropped $10k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1924 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $87,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 199 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1924 — 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: 1.35% ✓
• Cap rate: 10.08%
• Cash-on-cash: 13.51%
• DSCR: 1.60
• GRM: 6.2

CMA / ARV

• ARV (median comp): $138,640
• List price: $99,900
• Delta: -27.94%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4844 Manistique St	0.19mi	3/1.0	1,088 (-5%)	2mo	$19,900	$18	82
4820 Lakepointe St	0.21mi	3/1.5	1,100 (-4%)	2mo	$160,000	$145	81
4871 Lakepointe St	0.22mi	3/1.5	1,100 (-4%)	2mo	$160,000	$145	80
4619 Balfour Rd	0.40mi	3/1.0	1,188 (+4%)	2mo	$44,000	$37	73
4810 Lakepointe St	0.20mi	4/1.0 (+1)	1,218 (+7%)	3mo	$200,000	$164	72
3677 Somerset Ave	0.56mi	3/1.0	1,154 (+1%)	1mo	$69,000	$60	71
5566 LAKEPOINTE S S. Chandler Park St	0.58mi	3/1.5	1,108 (-3%)	3mo	$57,000	$51	64
4404 Somerset Ave	0.37mi	3/1.0	1,292 (+13%)	0mo	$190,000	$147	60
4651 Berkshire St	0.51mi	3/2.0	1,230 (+8%)	5mo	$125,870	$102	55
3964 Lenox St	0.74mi	2/1.0 (-1)	1,100 (-4%)	4mo	$55,000	$50	51
5215 Buckingham Ave	0.68mi	3/1.5	1,234 (+8%)	4mo	$129,000	$105	49
5777 Lakepointe St	0.71mi	4/2.5 (+1)	1,075 (-6%)	2mo	$174,999	$163	45

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 3.6%
• Equity multiple: 1.14×
• Total profit: $3,924
• Equity at exit: $14,895

10-year hold

• IRR: 13.2%
• Equity multiple: 2.05×
• Total profit: $29,466
• Equity at exit: $8,638

Cash invested: $27,972 (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.

Methodology + full state rankings →

ZIP-level market 48215

• Home prices YoY: -24.1%
• Active inventory: 137
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,344 high
• Mortgage (P&I): −$524
• Tax from tax record: −$181 /mo · $2,174/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$282
• Net cashflow: $315

Break-even live

Break-even rent $945

Max offer price $99,900

Occupancy floor 72%

Sensitivity live

Price	-10% $371	-5% $343	+0% $315	+5% $287	+10% $258
Rent	-10% $209	-5% $262	+0% $315	+5% $368	+10% $421
Rate	-1.0pp $365	-0.5pp $340	base $315	+0.5pp $289	+1.0pp $263

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4251 Wayburn St Detroit, MI	3.0	1.5	1326	$1,650	$1.24	44d	1	0.17mi
4391 Nottingham Rd Unit 4393 Detroit, MI	2.0	1.0	1038	$950	$0.92	5d	1	0.29mi
4151 Nottingham Rd Detroit, MI	2.0	1.0	1022	$1,275	$1.25	18d	1	0.35mi
5235 Chatsworth St Detroit, MI	2.0	1.0	900	$1,050	$1.17	44d	1	0.62mi
3625 Chatsworth St Detroit, MI	3.0	1.5	1182	$1,295	$1.10	25d	1	0.67mi
1415 Maryland St Grosse Pointe Park, MI	3.0	1.0	700	$1,275	$1.82	44d	1	0.70mi
5747 Lakepointe St Detroit, MI	3.0	1.5	1316	$1,473	$1.12	44d	1	0.70mi
3651 Buckingham Ave Detroit, MI	3.0	1.0	1320	$1,300	$0.98	18d	1	0.73mi
4627 Bedford St Unit 1 Detroit, MI	2.0	1.0	1050	$945	$0.90	21d	1	0.74mi
5751 Nottingham Rd Unit 5/21/26 Detroit, MI	3.0	1.0	1100	$1,250	$1.14	16d	1	0.74mi
5112 Haverhill St Unit 1 Detroit, MI	2.0	1.0	1000	$1,100	$1.10	44d	1	0.75mi
5267 Haverhill St Detroit, MI	3.0	1.5	1458	$1,300	$0.89	17d	1	0.77mi
5267 Haverhill St Detroit, MI	3.0	1.5	1458	$1,300	$0.89	18d	1	0.77mi
1367 Wayburn St Unit 1 Grosse Pointe Park, MI	3.0	1.0	816	$1,250	$1.53	44d	1	0.77mi
5031 Bedford St Detroit, MI	2.0	1.0	876	$1,870	$2.13	0d	1	0.79mi
1348 Wayburn St Grosse Pointe, MI	3.0	2.0	1035	$2,000	$1.93	0d	1	0.81mi
1348 Wayburn St Grosse Pointe, MI	3.0	2.0	1035	$2,200	$2.13	25d	1	0.81mi
5028 Bedford St Detroit, MI	3.0	1.0	1000	$1,400	$1.40	5d	1	0.82mi
5574 Buckingham Ave Detroit, MI	3.0	1.0	1430	$1,450	$1.01	5d	1	0.84mi
1314 Maryland St Grosse Pointe Park, MI	2.0	1.0	1008	$1,250	$1.24	44d	1	0.87mi
1300 Maryland St Grosse Pointe Park, MI	2.0	1.0	900	$1,200	$1.33	22d	1	0.90mi
1300 Maryland St Grosse Pointe Park, MI	2.0	1.0	900	$1,200	$1.33	4d	1	0.90mi
5966 Eastlawn St Unit NA Detroit, MI	3.0	1.5	1366	$1,500	$1.10	25d	1	0.93mi
1312 Somerset Ave Grosse Pointe Park, MI	2.0	1.0	1200	$1,400	$1.17	17d	1	0.95mi
3626 Courville St Detroit, MI	3.0	1.0	1260	$1,300	$1.03	44d	1	1.00mi
1236 Beaconsfield Ave Unit 1 Grosse Pointe Park, MI	2.0	1.0	1100	$1,600	$1.45	25d	1	1.00mi
9409 Balfour Rd Detroit, MI	3.0	1.0	1195	$1,200	$1.00	44d	1	1.04mi
9168 Wayburn St Detroit, MI	3.0	1.0	1274	$1,300	$1.02	21d	1	1.04mi
9400 Lakepointe St Detroit, MI	3.0	1.0	1300	$1,150	$0.88	5d	1	1.07mi
15857 Evanston St Detroit, MI	3.0	1.5	1232	$1,250	$1.01	5d	1	1.08mi
9190 Hayes St Unit 1 Detroit, MI	2.0	1.0	750	$850	$1.13	16d	1	1.09mi
9747 Somerset Ave Detroit, MI	2.0	1.0	797	$1,100	$1.38	44d	1	1.16mi
9516 Wayburn St Detroit, MI	2.0	1.0	800	$950	$1.19	18d	1	1.19mi
9927 Beaconsfield St Detroit, MI	3.0	1.0	942	$1,375	$1.46	16d	1	1.21mi
9984 Beaconsfield St Detroit, MI	3.0	1.0	1222	$1,575	$1.29	44d	1	1.24mi
9755 Wayburn St Detroit, MI	3.0	2.0	1498	$1,400	$0.93	4d	1	1.27mi
1042 Wayburn St Grosse Pointe Park, MI	3.0	1.0	1000	$1,575	$1.57	6d	1	1.28mi
10141 Roxbury St Detroit, MI	3.0	1.0	1115	$1,000	$0.90	44d	1	1.30mi
1052 Beaconsfield Ave Grosse Pointe Park, MI	2.0	1.0	1000	$1,350	$1.35	18d	1	1.33mi
5783 Yorkshire Rd Detroit, MI	2.0	1.0	1040	$1,200	$1.15	44d	1	1.34mi

Listing history 27 events

1. 2026-06-21
   days on market $99,900 Active 199 DOM
2. 2026-06-18
   days on market $99,900 Active 196 DOM
3. 2026-06-17
   days on market $99,900 Active 195 DOM
4. 2026-06-15
   days on market $99,900 Active 193 DOM
5. 2026-06-13
   days on market $99,900 Active 191 DOM
6. 2026-06-13
   days on market $99,900 Active 190 DOM
7. 2026-06-09
   days on market $99,900 Active 187 DOM
8. 2026-06-08
   days on market $99,900 Active 186 DOM
9. 2026-06-07
   days on market $99,900 Active 185 DOM
10. 2026-06-04
    days on market $99,900 Active 182 DOM
11. 2026-06-03
    days on market $99,900 Active 181 DOM
12. 2026-06-01
    days on market $99,900 Active 179 DOM
13. 2026-05-31
    days on market $99,900 Active 178 DOM
14. 2026-03-25
    price $99,900 685-char remark

    Show marketing remark (685 chars)

    Discover a spacious duplex offering exceptional versatility, perfect for investors seeking strong income potential. With two distinct living spaces, each equipped with its own kitchen and bathroom, this property is primed for rental opportunities or future value-add improvements. A full basement provides ample storage and the detached garage adds even more functionality. Inside, the main level features a formal dining room and generous living areas. Whether you're looking to expand your portfolio or begin your next renovation project, this duplex delivers the foundation for a high-performing investment. Opportunities like this don't last long--reach out today before it's gone.

15. 2026-03-25
    status Active 685-char remark

    Show marketing remark (685 chars)

    Discover a spacious duplex offering exceptional versatility, perfect for investors seeking strong income potential. With two distinct living spaces, each equipped with its own kitchen and bathroom, this property is primed for rental opportunities or future value-add improvements. A full basement provides ample storage and the detached garage adds even more functionality. Inside, the main level features a formal dining room and generous living areas. Whether you're looking to expand your portfolio or begin your next renovation project, this duplex delivers the foundation for a high-performing investment. Opportunities like this don't last long--reach out today before it's gone.

16. 2026-03-25
    price $99,900 685-char remark

    Show marketing remark (685 chars)

    Discover a spacious duplex offering exceptional versatility, perfect for investors seeking strong income potential. With two distinct living spaces, each equipped with its own kitchen and bathroom, this property is primed for rental opportunities or future value-add improvements. A full basement provides ample storage and the detached garage adds even more functionality. Inside, the main level features a formal dining room and generous living areas. Whether you're looking to expand your portfolio or begin your next renovation project, this duplex delivers the foundation for a high-performing investment. Opportunities like this don't last long--reach out today before it's gone.

17. 2026-03-25
    status Active 685-char remark

    Show marketing remark (685 chars)

    Discover a spacious duplex offering exceptional versatility, perfect for investors seeking strong income potential. With two distinct living spaces, each equipped with its own kitchen and bathroom, this property is primed for rental opportunities or future value-add improvements. A full basement provides ample storage and the detached garage adds even more functionality. Inside, the main level features a formal dining room and generous living areas. Whether you're looking to expand your portfolio or begin your next renovation project, this duplex delivers the foundation for a high-performing investment. Opportunities like this don't last long--reach out today before it's gone.

18. 2026-03-25
    status Active

    Show marketing remark (685 chars)

    Discover a spacious duplex offering exceptional versatility, perfect for investors seeking strong income potential. With two distinct living spaces, each equipped with its own kitchen and bathroom, this property is primed for rental opportunities or future value-add improvements. A full basement provides ample storage and the detached garage adds even more functionality. Inside, the main level features a formal dining room and generous living areas. Whether you're looking to expand your portfolio or begin your next renovation project, this duplex delivers the foundation for a high-performing investment. Opportunities like this don't last long--reach out today before it's gone.

19. 2026-03-25
    price $99,900

    Show marketing remark (685 chars)

    Discover a spacious duplex offering exceptional versatility, perfect for investors seeking strong income potential. With two distinct living spaces, each equipped with its own kitchen and bathroom, this property is primed for rental opportunities or future value-add improvements. A full basement provides ample storage and the detached garage adds even more functionality. Inside, the main level features a formal dining room and generous living areas. Whether you're looking to expand your portfolio or begin your next renovation project, this duplex delivers the foundation for a high-performing investment. Opportunities like this don't last long--reach out today before it's gone.

20. 2026-03-10
    historical Accepting Backup Offers 685-char remark

    Show marketing remark (685 chars)

    Discover a spacious duplex offering exceptional versatility, perfect for investors seeking strong income potential. With two distinct living spaces, each equipped with its own kitchen and bathroom, this property is primed for rental opportunities or future value-add improvements. A full basement provides ample storage and the detached garage adds even more functionality. Inside, the main level features a formal dining room and generous living areas. Whether you're looking to expand your portfolio or begin your next renovation project, this duplex delivers the foundation for a high-performing investment. Opportunities like this don't last long--reach out today before it's gone.

21. 2026-03-10
    historical Active Under Contract 685-char remark

    Show marketing remark (685 chars)

    Discover a spacious duplex offering exceptional versatility, perfect for investors seeking strong income potential. With two distinct living spaces, each equipped with its own kitchen and bathroom, this property is primed for rental opportunities or future value-add improvements. A full basement provides ample storage and the detached garage adds even more functionality. Inside, the main level features a formal dining room and generous living areas. Whether you're looking to expand your portfolio or begin your next renovation project, this duplex delivers the foundation for a high-performing investment. Opportunities like this don't last long--reach out today before it's gone.

22. 2026-03-10
    historical Active - Backup Offers Accepted

    Show marketing remark (685 chars)

    Discover a spacious duplex offering exceptional versatility, perfect for investors seeking strong income potential. With two distinct living spaces, each equipped with its own kitchen and bathroom, this property is primed for rental opportunities or future value-add improvements. A full basement provides ample storage and the detached garage adds even more functionality. Inside, the main level features a formal dining room and generous living areas. Whether you're looking to expand your portfolio or begin your next renovation project, this duplex delivers the foundation for a high-performing investment. Opportunities like this don't last long--reach out today before it's gone.

23. 2025-12-04
    listed $109,900 Active 685-char remark

    Show marketing remark (685 chars)

    Discover a spacious duplex offering exceptional versatility, perfect for investors seeking strong income potential. With two distinct living spaces, each equipped with its own kitchen and bathroom, this property is primed for rental opportunities or future value-add improvements. A full basement provides ample storage and the detached garage adds even more functionality. Inside, the main level features a formal dining room and generous living areas. Whether you're looking to expand your portfolio or begin your next renovation project, this duplex delivers the foundation for a high-performing investment. Opportunities like this don't last long--reach out today before it's gone.

24. 2025-12-04
    listed $109,900 Active 685-char remark

    Show marketing remark (685 chars)

    Discover a spacious duplex offering exceptional versatility, perfect for investors seeking strong income potential. With two distinct living spaces, each equipped with its own kitchen and bathroom, this property is primed for rental opportunities or future value-add improvements. A full basement provides ample storage and the detached garage adds even more functionality. Inside, the main level features a formal dining room and generous living areas. Whether you're looking to expand your portfolio or begin your next renovation project, this duplex delivers the foundation for a high-performing investment. Opportunities like this don't last long--reach out today before it's gone.

25. 2025-12-04
    listed $109,900 Active

    Show marketing remark (685 chars)

    Discover a spacious duplex offering exceptional versatility, perfect for investors seeking strong income potential. With two distinct living spaces, each equipped with its own kitchen and bathroom, this property is primed for rental opportunities or future value-add improvements. A full basement provides ample storage and the detached garage adds even more functionality. Inside, the main level features a formal dining room and generous living areas. Whether you're looking to expand your portfolio or begin your next renovation project, this duplex delivers the foundation for a high-performing investment. Opportunities like this don't last long--reach out today before it's gone.

26. 2023-01-17
    soldstatus $94,900
27. 2021-09-14
    soldstatus $94,150

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

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $2,174 · $181/mo
• Projected year-2 tax: $2,174 · $181/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 ≥96°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,125
• − Mortgage interest: −$5,596
• − Property taxes: −$2,174
• − Insurance: −$500
• − Repairs & maintenance: −$1,290
• − Management: −$1,290
• − Depreciation: −$2,906
• Taxable income: $2,370
• Est. tax owed @ 24.0%: −$569
• After-tax cash flow: $3,210/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
• City population: 572,865
• Population (ZIP): 10,238

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 (87%)
• Race & ethnicity: Black 87% White 9% Two or more races 2% Hispanic / Latino 2%
• Common ancestry: Romanian 1% Slovak 1% Lithuanian 1%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Wayne

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

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -60.84%
• Current HPI: 191.0405
• Rent YoY: —
• Metro: —
• 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

+6.1% since first listed

14 events — show timeline

• 2026-03-25 Price Changed $99,900 MiRealSource-MiMLS
• 2026-03-25 Relisted — REALCOMP
• 2026-03-25 Price Changed $99,900 REALCOMP
• 2026-03-25 Relisted — MiRealSource-MiMLS
• 2026-03-25 Relisted — SW Michigan MLS
• 2026-03-25 Price Changed $99,900 SW Michigan MLS
• 2026-03-10 Contingent — MiRealSource-MiMLS
• 2026-03-10 Contingent — REALCOMP
• 2026-03-10 Contingent — SW Michigan MLS
• 2025-12-04 Listed $109,900 REALCOMP
• 2025-12-04 Listed $109,900 SW Michigan MLS
• 2025-12-04 Listed $109,900 MiRealSource-MiMLS
• 2023-01-17 Sold (Public Records) $94,900 Public Records
• 2021-09-14 Sold (Public Records) $94,150 Public Records

Property tax history

+11.5%/yr

Latest (2025): $2,174 · -54.3% YoY. Source: county tax records.