250 E Harbortown Dr #307 · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +20.9/30.0
- ARV discount +14.9/15.0
- DSCR +6.7/10.0
- 1% rule +4.7/10.0
- Condition / age +4.0/5.0
- Livability +3.7/5.0
- Appreciation +3.6/10.0
- Rent growth +3.4/5.0
- Schools +1.5/10.0
$199,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Enjoy comfortable condo living just steps from the Detroit Riverwalk. This third-floor, 2-bedroom, 2-bath condo features an open layout filled with natural light, a spacious living room, and a dedicated dining area. The kitchen offers granite countertops, stainless steel appliances, and ample cabinet space. The primary suite includes a walk-in closet and private bath, while the second bedroom provides space for guests or a home office. Community amenities include a fitness center, outdoor pool, shared community spaces, and secure parking. A great opportunity to enjoy low-maintenance living near Detroit’s waterfront.
Key facts
- Outdoor pool
- Fitness center
- Secure parking
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $200k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $278 ($3k/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 $194k (2.9% below list).
- Recommended offer: $194k (2.9% below list) — sets the bar for 1% rule.
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: 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.
- Zoned schools: Bunche Preparatory Academy (math 10% / reading 10%, grade F, #1,230 of 1,397 statewide, top 91%, 401 students, 93% FRL); Martin Luther King Jr Senior High School (math 10% / reading 30%, grade F, #596 of 713 statewide, top 86%, 821 students, 73% FRL).
- Market conditions: Rents rising (+3.5%/yr); 276 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 29d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
- At $1,942/mo this rent would consume 49% of the median local household income ($48k/yr) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-2.8%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 30 days — a 2% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 9y ago; this cycle's ask has dropped $19k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Questions for the listing agent
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.97% ✗
- Cap rate
- 7.96%
- Cash-on-cash
- 5.96%
- DSCR
- 1.27
- GRM
- 8.6
CMA / ARV
- ARV (median comp)
- $239,050
- List price
- $199,900
- Delta
- -16.38%
- 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 |
|---|---|---|---|---|---|---|---|
| 250 E Harbortown Dr #803 | 0.00mi | 2/2.0 | 1,214 (+18%) | 0mo | $230,000 | $189 | 75 |
| 250 E Harbortown Dr #1104 | 0.03mi | 2/2.0 | 1,214 (+18%) | 0mo | $230,000 | $189 | 73 |
| 250 E Harbortown Dr #1104 | 0.03mi | 2/2.0 | 1,214 (+18%) | 0mo | $230,000 | $189 | 73 |
| 250 E Harbortown Dr #703 | 0.00mi | 2/2.0 | 1,214 (+18%) | 3mo | $270,000 | $222 | 72 |
| 1825 Campau Farms Circle Cir | 0.76mi | 2/1.5 | 1,000 (-3%) | 3mo | $189,900 | $190 | 55 |
| 6533 E Jefferson #81 Ave Unit 326E | 0.33mi | 1/1.0 (-1) | 857 (-17%) | 0mo | $85,000 | $99 | 50 |
| 6533 E Jefferson #81 Ave Unit 326E | 0.35mi | 1/1.0 (-1) | 857 (-17%) | 0mo | $85,000 | $99 | 49 |
| 1300 E Lafayette St #412 | 1.30mi | 2/2.0 | 1,138 (+10%) | 4mo | $165,000 | $145 | 44 |
| 8300 E Jefferson Ave #308 | 1.21mi | 2/1.0 | 900 (-13%) | 0mo | $102,500 | $114 | 40 |
| 1300 E Lafayette St #912 | 1.30mi | 2/2.0 | 1,210 (+17%) | 3mo | $160,000 | $132 | 37 |
| 1300 E Lafayette #1008 | 1.30mi | 1/1.0 (-1) | 782 (-24%) | 2mo | $68,500 | $88 | 29 |
| 1300 E Lafayette St E #2603 | 1.30mi | 1/1.0 (-1) | 783 (-24%) | 4mo | $105,000 | $134 | 28 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-2.79% appreciation · 3.53% rent growth · sell at horizon
- IRR
- -5.6%
- Equity multiple
- 0.79×
- Total profit
- $-11,934
- Equity at exit
- $31,669
- IRR
- 4.2%
- Equity multiple
- 1.32×
- Total profit
- $18,039
- Equity at exit
- $20,502
Cash invested: $55,972 (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
Active competition Active MLS
- For sale now
- 2 active
- Median asking
- $264,950 ($250/sqft)
- Median days on market
- 35 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -7.2% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 48207
- Home prices YoY
- -2.0%
- Rents YoY
- 3.5%
- Active inventory
- 276
- Price-to-rent
- 8.6×
Monthly cashflow live
- Estimated rent
- $1,942 high interval (Pro) →
- Mortgage (P&I)
- −$1,048
- Tax from tax record
- −$61 /mo · $734/yr
- Insurance
- −$83
- HOA
- −$63
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$408
- Net cashflow
- $278
Break-even live
Sensitivity live
| Price | -10% $391 | -5% $335 | +0% $278 | +5% $222 | +10% $165 |
|---|---|---|---|---|---|
| Rent | -10% $125 | -5% $201 | +0% $278 | +5% $355 | +10% $432 |
| Rate | -1.0pp $379 | -0.5pp $329 | base $278 | +0.5pp $226 | +1.0pp $174 |
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
- $49,975
- Closing costs
- $5,997
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 250 E Harbortown Dr #1507 Detroit, MI | 2.0 | 2.0 | 1214 | $2,495 | $2.06 | 122d | 1 | 0.03mi |
| 200 Mount Elliott St Detroit, MI | 1.0 | 1.0 | 1050 | $2,000 | $1.90 | 184d | 1 | 0.09mi |
| 3500 E Jefferson Detroit, MI | 2.0 | 2.0 | 1175 | $2,392 | $2.04 | 2d | 4 | 0.15mi |
| 3320 Spinnaker Ln Unit 17E Detroit, MI | 1.0 | 1.0 | 740 | $1,795 | $2.43 | 3d | 1 | 0.19mi |
| 3320 Spinnaker Ln Unit 4C Detroit, MI | 2.0 | 2.0 | 1090 | $1,950 | $1.79 | 7d | 1 | 0.19mi |
| 3320 Spinnaker Ln Detroit, MI | 1.0 | 1.0 | 740 | $1,550 | $2.09 | 184d | 1 | 0.19mi |
| 3304 Spinnaker Ln #47 Detroit, MI | 2.0 | 2.5 | 1461 | $2,400 | $1.64 | 10d | 1 | 0.20mi |
| 6533 E Jefferson Ave #421 Detroit, MI | 2.0 | 1.0 | 1063 | $2,200 | $2.07 | 155d | 1 | 0.30mi |
| 6533 E Jefferson Ave Detroit, MI | 1.0–2.0 | 1.0–2.0 | 1700 | $2,550 | $1.50 | 79d | 1 | 0.30mi |
| 6533 E Jefferson Ave Detroit, MI | 1.0–2.0 | 1.0–2.0 | 1024 | $2,950 | $2.88 | 5d | 6 | 0.30mi |
| 6533 E Jefferson Ave Detroit, MI | 1.0–2.0 | 1.0–2.0 | 1700 | $2,550 | $1.50 | 69d | 2 | 0.30mi |
| 6533 E Jefferson Ave Detroit, MI | 1.0–2.0 | 1.0–2.0 | 1225 | $2,550 | $2.08 | 88d | 1 | 0.30mi |
| 6533 E Jefferson Ave Detroit, MI | 2.0 | 1.0–2.0 | 1181 | $1,500 | $1.27 | 165d | 3 | 0.30mi |
| 6533 E Jefferson Ave Detroit, MI | 1.0–2.0 | 1.0–2.0 | 1050 | $2,950 | $2.81 | 13d | 7 | 0.30mi |
| 6533 E Jefferson Ave Detroit, MI | 2.0 | 1.0–2.0 | 1094 | $1,500 | $1.37 | 158d | 2 | 0.30mi |
| 1440 Robert Bradby Dr Detroit, MI | 2.0 | 2.0 | 1250 | $1,472 | $1.18 | 10d | 1 | 0.38mi |
| 500 River Pl Dr Detroit, MI | 1.0–2.0 | 1.0–2.0 | 950 | $1,900 | $2.00 | 10d | 1 | 0.49mi |
| 2900 E Jefferson Ave Unit D302 Detroit, MI | 1.0 | 1.0 | 764 | $1,500 | $1.96 | 10d | 1 | 0.51mi |
| 2900 E Jefferson Ave Detroit, MI | 1.0–2.0 | 1.0 | 1384 | $1,750 | $1.26 | 24d | 2 | 0.51mi |
| 625 Field St Detroit, MI | 3.0 | 1.5 | 900 | $882 | $0.98 | 158d | 1 | 0.67mi |
| 1916 Campau Farms Cir Detroit, MI | 2.0 | 2.0 | 1400 | $1,800 | $1.29 | 28d | 1 | 0.76mi |
| 1916 Campau Farms Cir Detroit, MI | 2.0 | 2.0 | 1400 | $1,800 | $1.29 | 10d | 1 | 0.76mi |
| 7700 E Jefferson Ave Detroit, MI | 2.0 | 1.0 | 877 | $1,795 | $2.05 | 184d | 1 | 0.84mi |
| 7700 E Jefferson Ave Unit 12-203 Detroit, MI | 2.0 | 1.0 | 1097 | $1,667 | $1.52 | 10d | 1 | 0.84mi |
| 374 E Grand Blvd Unit 2A Detroit, MI | 2.0 | 2.0 | 1450 | $2,750 | $1.90 | 184d | 1 | 0.87mi |
| 7800 E Jefferson Ave Detroit, MI | 1.0–2.0 | 1.0 | 625 | $899 | $1.44 | 3d | 1 | 0.90mi |
| 2016 E Jefferson Detroit, MI | 1.0–2.0 | 1.0 | 650 | $1,280 | $1.97 | 22d | 2 | 0.91mi |
| 1941 Chene Ct Detroit, MI | 2.0 | 2.0 | 875 | $1,318 | $1.51 | 10d | 3 | 0.91mi |
| 1454 Townsend St #26 Detroit, MI | 1.0 | 1.0 | 883 | $2,250 | $2.55 | 130d | 1 | 0.95mi |
| 1454 Townsend St #101 Detroit, MI | 2.0 | 2.0 | 1268 | $2,500 | $1.97 | 144d | 1 | 0.97mi |
| 1436 Baldwin St Detroit, MI | 3.0 | 2.0 | 1400 | $1,850 | $1.32 | 118d | 1 | 0.98mi |
| 1436 Baldwin St Unit 1436 Lower T 7/6/26 Detroit, MI | 2.0 | 1.0 | 1400 | $1,795 | $1.28 | 79d | 1 | 0.98mi |
| 2001 Chene St Detroit, MI | 1.0–2.0 | 1.0 | 900 | $1,069 | $1.19 | 10d | 1 | 0.98mi |
| 7918 E Lafayette St #4 Detroit, MI | 3.0 | 1.0 | 1150 | $1,800 | $1.57 | 158d | 1 | 0.99mi |
| 1464 Baldwin St Detroit, MI | 3.0 | 1.0 | 1250 | $1,223 | $0.98 | 28d | 1 | 1.00mi |
| 2216 Canton St Detroit, MI | 3.0 | 1.0 | 1000 | $1,350 | $1.35 | 10d | 1 | 1.00mi |
| 7410 Kercheval Ave #201 Detroit, MI | 2.0 | 2.0 | 1017 | $1,495 | $1.47 | 7d | 1 | 1.04mi |
| 7410 Kercheval Ave Unit 212 Detroit, MI | 2.0 | 2.0 | 1017 | $1,950 | $1.92 | 184d | 1 | 1.04mi |
| 1071 Van Dyke St Apt 2 Detroit, MI | 3.0 | 1.0 | 1500 | $1,900 | $1.27 | 3d | 1 | 1.06mi |
| 1000 Van Dyke St Detroit, MI | 1.0–2.0 | 1.0 | 752 | $1,620 | $2.15 | 9d | 6 | 1.07mi |
Property features AI
Finance
- Other
- Paved street and private road accessPet friendly
- HOA & community
- Association fee of $755 yearlyAssociation offers an exercise/facility roomAssociation phone available
Exterior
- Parking
- Detached garage1 parking space in garage
- Utilities
- Public water
- Home design
- CondominiumCondo/Apt on 2nd floor or aboveUnit number 307Built in 1988Street designation DriveLocated in the City of Detroit
- Construction
- Brick exteriorSlab foundation
- Exterior features
- On waterfront with lake/river privileges, river frontage, and waterfront access
Interior
- Kitchen
- Kitchen on entry level, 10 x 8
- Bedrooms
- Bedroom 1 on entry level, 11 x 15Bedroom 2 on entry level, 11 x 18
- Bathrooms
- 2 full bathrooms (both on entry level)
- Heating & cooling
- Forced air heatingNatural gas heat fuel
- Interior features
- Total of 6 rooms
HOA detail $63/mo · $756/yr condo
- Likely covers
- waterpoolgym
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-11-08days on market $199,900 Active 30 DOM
-
2026-11-07days on market $199,900 Active 29 DOM
-
2026-11-06days on market $199,900 Active 28 DOM
-
2026-11-05days on market $199,900 Active 27 DOM
-
2026-11-04days on market $199,900 Active 26 DOM
-
2026-11-02days on market $199,900 Active 24 DOM
-
2026-11-01days on market $199,900 Active 23 DOM
-
2026-10-31days on market $199,900 Active 22 DOM
-
2026-10-30days on market $199,900 Active 21 DOM
-
2026-10-29days on market $199,900 Active 20 DOM
-
2026-10-28days on market $199,900 Active 19 DOM
-
2026-10-27days on market $199,900 Active 18 DOM
-
2026-10-26days on market $199,900 Active 17 DOM
-
2026-10-25days on market $199,900 Active 16 DOM
-
2026-10-24days on market $199,900 Active 15 DOM
-
2026-10-23days on market $199,900 Active 14 DOM
-
2026-10-22days on market $199,900 Active 13 DOM
-
2026-10-21days on market $199,900 Active 12 DOM
-
2026-10-20days on market $199,900 Active 11 DOM
-
2026-10-19days on market $199,900 Active 10 DOM
-
2026-10-18days on market $199,900 Active 9 DOM
-
2026-10-17days on market $199,900 Active 8 DOM
-
2026-10-16days on market $199,900 Active 7 DOM
-
2026-10-15days on market $199,900 Active 6 DOM
-
2026-10-14days on market $199,900 Active 5 DOM
-
2026-10-13days on market $199,900 Active 4 DOM
-
2026-10-12days on market $199,900 Active 3 DOM
-
2026-10-11days on market $199,900 Active 2 DOM
-
2026-10-10statusdays on market $199,900 Active 1 DOM
-
2026-10-09days on market $199,900 Coming Soon
-
2026-10-08days on market $199,900 Coming Soon 2 DOM
-
2026-10-07remarks 623-char remark
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2026-10-07pricestatusdays on market $199,900 Coming Soon 1 DOM
-
2026-08-31days on market $214,000 Active 128 DOM
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2026-08-30days on market $214,000 Active 127 DOM
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2026-08-29days on market $214,000 Active 126 DOM
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2026-08-28days on market $214,000 Active 125 DOM
-
2026-08-27days on market $214,000 Active 124 DOM
-
2026-08-26days on market $214,000 Active 123 DOM
-
2026-08-25days on market $214,000 Active 122 DOM
-
2026-08-24days on market $214,000 Active 121 DOM
-
2026-08-23days on market $214,000 Active 120 DOM
-
2026-08-22days on market $214,000 Active 119 DOM
-
2026-08-21days on market $214,000 Active 118 DOM
-
2026-08-20days on market $214,000 Active 117 DOM
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2026-08-19days on market $214,000 Active 116 DOM
-
2026-08-18days on market $214,000 Active 115 DOM
-
2026-08-17days on market $214,000 Active 114 DOM
-
2026-08-16days on market $214,000 Active 113 DOM
-
2026-08-14days on market $214,000 Active 111 DOM
ⓘ 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
- $734 · $61/mo
- Projected year-2 tax
- $1,906 · $159/mo
- Expected delta
- +$1,172/yr (+$98/mo · 159.8%)
ⓘ 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 · 16 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 4/10 Moderate 6 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
- $23,299
- − Mortgage interest
- −$11,198
- − Property taxes
- −$734
- − Insurance
- −$1,000
- − Repairs & maintenance
- −$1,864
- − Management
- −$1,864
- − HOA
- −$756
- − Depreciation
- −$5,815
- Taxable income
- $69
- Est. tax owed @ 24.0%
- −$17
- After-tax cash flow
- $3,321/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.
Condition & rehab AI · 12 photos
This well-maintained 2-bedroom, 2-bath condo offers a modern and low-maintenance living experience with an open-concept layout and ample natural light. It is ready for immediate occupancy and can be further enhanced with minor updates to the exterior and interior.
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and resale value ↑
- Both Clean windows — Improves natural light and aesthetic appeal ↑
- Both Replace flooring — Modernizes the living areas and improves resale value ↑
- Both Update kitchen appliances — Modernizes the kitchen and improves resale value ↑
- Both Update bathroom fixtures — Modernizes the bathroom and improves resale value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Detroit, MI
- County
- Wayne County · 1,675,273 people
- City population
- 572,865
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 20,848
- Household income
- $47,831
- Rent vs Own
- Severe rent burden
- 10% of renters
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 (74%)
- Race & ethnicity
- Black 74% White 18% Two or more races 4% Asian 3% Hispanic / Latino 2%
- Languages at home
- 94% English-only · Spanish 2% Other Indo-European 1% Arabic 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
- ▼ -2.79%
- Current HPI
- 136.6328
- Rent YoY
- ▲ 3.53%
- Metro
- Detroit-Warren-Dearborn, MI
- State GDP YoY
- ▲ 1.37%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in MI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Automotive Parts | 3 | $48B |
|
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
-10.9% since first listed30 events — show timeline
- 2026-10-06 Coming Soon $199,900 MiRealSource-MiMLS
- 2026-09-01 Listing Removed — MiRealSource-MiMLS
- 2026-08-31 Listing Removed — REALCOMP
- 2026-06-29 Price Changed $214,000 MiRealSource-MiMLS
- 2026-06-29 Price Changed $214,000 REALCOMP
- 2026-06-29 Price Changed $214,000 SW Michigan MLS
- 2026-04-25 Listed $219,000 REALCOMP
- 2026-04-25 Listed $219,000 MiRealSource-MiMLS
- 2025-12-02 Listing Removed — REALCOMP
- 2025-12-02 Listing Removed — Greater Lansing AoR
- 2025-12-02 Listing Removed — MiRealSource-MiMLS
- 2025-11-23 Listing Removed — MiRealSource-MiMLS
- 2025-11-22 Listing Removed — Greater Lansing AoR
- 2025-11-22 Listing Removed — REALCOMP
- 2025-09-27 Price Changed $214,000 MiRealSource-MiMLS
- 2025-09-27 Price Changed $214,000 MiRealSource-MiMLS
- 2025-09-26 Price Changed $214,000 REALCOMP
- 2025-09-26 Price Changed $214,000 REALCOMP
- 2025-09-26 Price Changed $214,000 SW Michigan MLS
- 2025-08-24 Listed $219,000 REALCOMP
- 2025-08-24 Listed $219,000 MiRealSource-MiMLS
- 2025-08-06 Listed $219,000 MiRealSource-MiMLS
- 2025-08-06 Listed $219,000 REALCOMP
- 2018-01-22 Sold (MLS) $224,000 Greater Lansing AoR
- 2018-01-22 Sold (MLS) $224,000 REALCOMP
- 2018-01-05 Pending — REALCOMP
- 2018-01-02 Listing Removed — REALCOMP
- 2017-12-06 Pending — REALCOMP
- 2017-11-16 Listed $224,467 Greater Lansing AoR
- 2017-11-16 Listed $224,467 REALCOMP
Property tax history
-1.3%/yrLatest (2025): $734 · -3.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…