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18941 Elkhart St
C+ Composite 60.8
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Rent growth +3.8/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Schools +0.9/10.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$90,000

18941 Elkhart St · Harper Woods, MI 48225
3 bd · 1.0 ba · 910 sqft · SingleFamily public records · 74 Days on market
Built 1942 4,792 sqft lot Est $67k · 34% over

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

Listing remarks MLS

Welcome to 18941 Elkhart in Harper Woods, an excellent opportunity for homeowners and investors alike. This well-maintained property offers a spacious layout with comfortable living areas, abundant natural light, and great functionality throughout. The home features generously sized bedrooms, a practical kitchen with ample cabinet space, and a cozy living room perfect for relaxing or entertaining. Outside, you'll find a sizable yard ideal for outdoor gatherings. Conveniently located near shopping, dining, and major roadways, this property combines value, location, and potential. Seller to complete the Harper Woods certificate of occupancy before closing.

Key facts

  • Sizable yard
  • Practical kitchen
  • Spacious layout

Tags

SPACIOUS LAYOUTPRACTICAL KITCHENSIZABLE YARDCONVENIENTLY LOCATED

Property features AI

Exterior

  • Parking: No garage
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; One and one-half stories; Ground-level entry with steps; Vinyl siding
  • Construction: Block foundation
  • Exterior features: Paved road access; Lot approximately 0.11 acres (40 x 114)

Interior

  • Bedrooms: 5 total rooms (includes bedrooms and living spaces)
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Forced air heating (natural gas); No cooling
  • Interior features: Unfinished basement

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $90k.

Deal economics

  • At list price, monthly cash flow is $460 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $90k).
  • Recommended offer: $85k (6.0% below list) — sets the bar for market timing.
  • Cap rate 12.4% vs local median 7.7% in Harper Woods — 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 73/100 on livability (#199 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, health & safety D+, schools D-.
  • Harper Woods School District (suburban): math 4% / reading 15% proficiency, ranked #524 of 540 in MI (top 97%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+5.1%/yr); 134 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 40% 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).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $622 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 + 5.1% rent growth), your $25k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 74 days — a 6% lower offer ($85k) is reasonable based on typical stale-listing flexibility.
  • 14 sale attempts since 32y ago; this cycle's ask has dropped $15k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1942 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $84,600 (6.0% below list)

Questions for the listing agent

  1. It's been on market 74 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 1942 — 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 D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  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
1.56%
Cap rate
12.42%
Cash-on-cash
21.88%
DSCR
1.97
GRM
5.3

CMA / ARV

ARV (on-the-fly)
$67,340
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
18746 Woodside St 0.15mi 3/1.0 921 (+1%) 2mo $110,000 $119 90
16301 Coram St 0.34mi 3/1.0 929 (+2%) 1mo $19,500 $21 80
16277 Liberal St 0.43mi 3/1.0 945 (+4%) 1mo $25,000 $26 72
16107 Manning St 0.54mi 3/1.0 925 (+2%) 2mo $61,000 $66 70
18591 Kingsville St 0.24mi 2/1.0 (-1) 824 (-10%) 1mo $74,000 $90 67
12897 Riad St 0.39mi 3/1.0 831 (-9%) 1mo $63,000 $76 66
18905 Woodland St 0.26mi 3/1.5 1,023 (+12%) 1mo $105,000 $103 64
16209 Tacoma St 0.56mi 3/1.0 968 (+6%) 1mo $62,900 $65 63
12893 Payton St 0.47mi 3/1.0 1,020 (+12%) 2mo $75,000 $74 57
16291 Fairmount Dr 0.68mi 3/1.0 977 (+7%) 2mo $112,000 $115 55
11545 Roxbury St 0.74mi 3/1.0 1,003 (+10%) 1mo $65,000 $65 48
11640 Somerset Ave 0.63mi 3/2.0 1,028 (+13%) 0mo $70,000 $68 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 · 5.1% rent growth · sell at horizon

5-year hold
IRR
17.0%
Equity multiple
1.70×
Total profit
$17,745
Equity at exit
$13,419
10-year hold
IRR
27.0%
Equity multiple
3.63×
Total profit
$66,250
Equity at exit
$7,782

Cash invested: $25,200 (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 48225

Rents YoY
5.1%
Active inventory
134
Price-to-rent
5.3×

Monthly cashflow live

Estimated rent
$1,403 high interval (Pro) →
Mortgage (P&I)
$472
Tax from tax record
$139 /mo · $1,669/yr
Insurance
$38
HOA
$0
Vacancy / Maint / Mgmt
$295
Net cashflow
$460

Break-even live

Break-even rent $821
Max offer price $90,000
Occupancy floor 62%

Sensitivity live

Price -10% $510 -5% $485 +0% $460 +5% $434 +10% $409
Rent -10% $349 -5% $404 +0% $460 +5% $515 +10% $570
Rate -1.0pp $505 -0.5pp $482 base $460 +0.5pp $436 +1.0pp $412

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
$22,500
Closing costs
$2,700
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
19152 Woodside St Harper Woods, MI 3.0 1.0 916 $1,500 $1.64 18d 1 0.14mi
19365 Kingsville St Harper Woods, MI 4.0 1.5 996 $1,650 $1.66 16d 1 0.29mi
19144 Moross Rd Detroit, MI 2.0 1.0 900 $1,050 $1.17 45d 1 0.33mi
19442 Kingsville St Harper Woods, MI 3.0 1.0 1000 $1,500 $1.50 18d 1 0.36mi
16212 Maddelein St Detroit, MI 2.0 1.0 800 $1,200 $1.50 13d 1 0.41mi
19661 Kenosha St Harper Woods, MI 3.0 2.0 1000 $1,400 $1.40 25d 1 0.43mi
12075 Rossiter St Detroit, MI 3.0 1.0 1100 $1,245 $1.13 16d 1 0.44mi
12075 Rossiter St Detroit, MI 3.0 1.0 1100 $1,245 $1.13 45d 1 0.44mi
19639 Moross Rd Unit 1 Detroit, MI 2.0 1.0 900 $1,100 $1.22 45d 1 0.48mi
12716 Riad St Detroit, MI 3.0 1.0 974 $1,275 $1.31 18d 1 0.50mi
16225 Manning St Detroit, MI 4.0 2.0 1036 $1,475 $1.42 45d 1 0.54mi
15909 Maddelein St Detroit, MI 3.0 1.0 894 $1,266 $1.42 45d 1 0.57mi
11776 Rossiter St Detroit, MI 3.0 1.0 964 $1,150 $1.19 12d 1 0.66mi
19982 McCormick St Detroit, MI 3.0 1.0 866 $1,200 $1.39 4d 1 0.67mi
11529 Roxbury St Detroit, MI 2.0 1.0 720 $1,200 $1.67 13d 1 0.74mi
12201 Morang Ave Unit 8 Detroit, MI 2.0 1.0 610 $875 $1.43 45d 1 0.75mi
11611 Morang Ave Detroit, MI 1.0–2.0 1.0 709 $1,040 $1.47 45d 1 0.76mi
16291 Eastburn St Detroit, MI 3.0 1.0 1000 $1,364 $1.36 25d 1 0.77mi
10985 Peerless St Detroit, MI 3.0 1.0 1000 $1,364 $1.36 6d 1 0.81mi
16410 Edmore Dr Detroit, MI 3.0 1.0 850 $1,250 $1.47 16d 1 0.83mi
20461 Kingsville St Harper Woods, MI 4.0 1.0 1100 $1,399 $1.27 16d 1 0.92mi
15494 Mapleridge St Detroit, MI 3.0 1.0 937 $1,275 $1.36 45d 1 0.95mi
11235 Roxbury St Detroit, MI 3.0 1.0 1062 $1,325 $1.25 18d 1 0.97mi
20015 Lochmoor St Harper Woods, MI 3.0 1.0 1006 $1,500 $1.49 18d 1 1.00mi
10692 Meuse St Detroit, MI 3.0 1.0 955 $1,250 $1.31 13d 1 1.01mi
10542 Lanark St Detroit, MI 3.0 1.0 1023 $1,250 $1.22 45d 1 1.07mi
10400 Britain St Detroit, MI 3.0 1.0 890 $1,100 $1.24 45d 1 1.09mi
10370 Britain St Detroit, MI 3.0 1.0 1100 $1,100 $1.00 45d 1 1.11mi
15663 Carlisle St Detroit, MI 2.0 1.0 803 $1,050 $1.31 16d 1 1.19mi
10177 Boleyn St Detroit, MI 3.0 1.0 767 $1,250 $1.63 45d 1 1.22mi
20600 Balfour St Harper Woods, MI 1.0–2.0 1.0–2.0 971 $1,640 $1.69 0d 14 1.22mi
19203 Edgefield St Harper Woods, MI 2.0 1.0 1100 $1,100 $1.00 25d 1 1.27mi
10037 Grayton St Detroit, MI 3.0 1.0 1000 $1,400 $1.40 4d 1 1.29mi
10404 Somerset Ave Detroit, MI 3.0 1.0 1108 $1,475 $1.33 4d 1 1.33mi
15010 Cedargrove St Detroit, MI 3.0 1.5 1018 $1,350 $1.33 45d 1 1.36mi
17710 Chester St Detroit, MI 2.0 1.0 984 $1,250 $1.27 45d 1 1.37mi
17720 Chester St Detroit, MI 2.0 1.0 986 $1,250 $1.27 45d 1 1.37mi
6325 Neff Ave Detroit, MI 3.0 1.0 1000 $1,500 $1.50 4d 1 1.41mi
6304 Bluehill St Detroit, MI 3.0 1.0 1088 $1,500 $1.38 45d 1 1.44mi
6301 Lodewyck St Detroit, MI 3.0 1.0 1084 $1,300 $1.20 13d 1 1.46mi

Listing history 50 events

  1. 2026-06-21
    days on market $90,000 Active 74 DOM
  2. 2026-06-18
    days on market $90,000 Active 71 DOM
  3. 2026-06-17
    days on market $90,000 Active 70 DOM
  4. 2026-06-16
    days on market $90,000 Active 69 DOM
  5. 2026-06-15
    days on market $90,000 Active 68 DOM
  6. 2026-06-13
    days on market $90,000 Active 66 DOM
  7. 2026-06-13
    days on market $90,000 Active 65 DOM
  8. 2026-06-09
    days on market $90,000 Active 62 DOM
  9. 2026-06-08
    days on market $90,000 Active 61 DOM
  10. 2026-06-07
    pricedays on market $90,000 Active 60 DOM
  11. 2026-06-04
    days on market $95,000 Active 57 DOM
  12. 2026-06-03
    days on market $95,000 Active 56 DOM
  13. 2026-06-02
    days on market $95,000 Active 55 DOM
  14. 2026-06-01
    days on market $95,000 Active 54 DOM
  15. 2026-05-31
    days on market $95,000 Active 53 DOM
  16. 2026-04-30
    price $100,000 662-char remark
    Show marketing remark (662 chars)

    Welcome to 18941 Elkhart in Harper Woods, an excellent opportunity for homeowners and investors alike. This well-maintained property offers a spacious layout with comfortable living areas, abundant natural light, and great functionality throughout. The home features generously sized bedrooms, a practical kitchen with ample cabinet space, and a cozy living room perfect for relaxing or entertaining. Outside, you'll find a sizable yard ideal for outdoor gatherings. Conveniently located near shopping, dining, and major roadways, this property combines value, location, and potential. Seller to complete the Harper Woods certificate of occupancy before closing.

  17. 2026-04-30
    price $100,000
    Show marketing remark (662 chars)

    Welcome to 18941 Elkhart in Harper Woods, an excellent opportunity for homeowners and investors alike. This well-maintained property offers a spacious layout with comfortable living areas, abundant natural light, and great functionality throughout. The home features generously sized bedrooms, a practical kitchen with ample cabinet space, and a cozy living room perfect for relaxing or entertaining. Outside, you'll find a sizable yard ideal for outdoor gatherings. Conveniently located near shopping, dining, and major roadways, this property combines value, location, and potential. Seller to complete the Harper Woods certificate of occupancy before closing.

  18. 2026-04-08
    listed $105,000 Active
    Show marketing remark (662 chars)

    Welcome to 18941 Elkhart in Harper Woods, an excellent opportunity for homeowners and investors alike. This well-maintained property offers a spacious layout with comfortable living areas, abundant natural light, and great functionality throughout. The home features generously sized bedrooms, a practical kitchen with ample cabinet space, and a cozy living room perfect for relaxing or entertaining. Outside, you'll find a sizable yard ideal for outdoor gatherings. Conveniently located near shopping, dining, and major roadways, this property combines value, location, and potential. Seller to complete the Harper Woods certificate of occupancy before closing.

  19. 2026-04-08
    listed $105,000 Active 662-char remark
    Show marketing remark (662 chars)

    Welcome to 18941 Elkhart in Harper Woods, an excellent opportunity for homeowners and investors alike. This well-maintained property offers a spacious layout with comfortable living areas, abundant natural light, and great functionality throughout. The home features generously sized bedrooms, a practical kitchen with ample cabinet space, and a cozy living room perfect for relaxing or entertaining. Outside, you'll find a sizable yard ideal for outdoor gatherings. Conveniently located near shopping, dining, and major roadways, this property combines value, location, and potential. Seller to complete the Harper Woods certificate of occupancy before closing.

  20. 2026-04-02
    historical $1,250
  21. 2026-01-28
    price $1,250
  22. 2025-10-14
    price $1,300
  23. 2025-08-16
    listed $1,400
  24. 2025-04-09
    soldstatus $309,000
  25. 2019-05-15
    soldstatus $61,000
  26. 2016-06-17
    soldstatus $45,000
  27. 2013-02-25
    soldstatus $45,000
  28. 2011-05-04
    soldstatus $10,550 293-char remark
    Show marketing remark (293 chars)

    SOLD AS IS, DISCLOSURE EXEMPT. PROOF OF FUNDS/ BANK APPROVAL & UTILITY TURN ON ALL REQUIRED. BUYER RESPONSIBLE FOR ACR & CITY INSPECTION. ALL MEASURMENTS AND DATA ARE ESTIMATED & APPROXIMATED. LISTING BROKER TO RETAIN E. M. D. ADDENDUMS WILL BE PROVIDED AFTER ACCEPTED OFFER.

  29. 2011-05-04
    soldstatus $10,550
    Show marketing remark (293 chars)

    SOLD AS IS, DISCLOSURE EXEMPT. PROOF OF FUNDS/ BANK APPROVAL & UTILITY TURN ON ALL REQUIRED. BUYER RESPONSIBLE FOR ACR & CITY INSPECTION. ALL MEASURMENTS AND DATA ARE ESTIMATED & APPROXIMATED. LISTING BROKER TO RETAIN E. M. D. ADDENDUMS WILL BE PROVIDED AFTER ACCEPTED OFFER.

  30. 2011-04-26
    historical 293-char remark
    Show marketing remark (293 chars)

    SOLD AS IS, DISCLOSURE EXEMPT. PROOF OF FUNDS/ BANK APPROVAL & UTILITY TURN ON ALL REQUIRED. BUYER RESPONSIBLE FOR ACR & CITY INSPECTION. ALL MEASURMENTS AND DATA ARE ESTIMATED & APPROXIMATED. LISTING BROKER TO RETAIN E. M. D. ADDENDUMS WILL BE PROVIDED AFTER ACCEPTED OFFER.

  31. 2011-03-30
    listed $10,000 293-char remark
    Show marketing remark (293 chars)

    SOLD AS IS, DISCLOSURE EXEMPT. PROOF OF FUNDS/ BANK APPROVAL & UTILITY TURN ON ALL REQUIRED. BUYER RESPONSIBLE FOR ACR & CITY INSPECTION. ALL MEASURMENTS AND DATA ARE ESTIMATED & APPROXIMATED. LISTING BROKER TO RETAIN E. M. D. ADDENDUMS WILL BE PROVIDED AFTER ACCEPTED OFFER.

  32. 2011-03-30
    listed $10,000
    Show marketing remark (293 chars)

    SOLD AS IS, DISCLOSURE EXEMPT. PROOF OF FUNDS/ BANK APPROVAL & UTILITY TURN ON ALL REQUIRED. BUYER RESPONSIBLE FOR ACR & CITY INSPECTION. ALL MEASURMENTS AND DATA ARE ESTIMATED & APPROXIMATED. LISTING BROKER TO RETAIN E. M. D. ADDENDUMS WILL BE PROVIDED AFTER ACCEPTED OFFER.

  33. 2011-02-16
    historical
  34. 2011-02-16
    historical
  35. 2010-10-19
    listed $16,400
  36. 2010-10-19
    listed $16,400
  37. 2010-10-19
    historical
  38. 2010-06-10
    historical
  39. 2009-12-15
    listed $16,400
  40. 2009-12-15
    historical
  41. 2009-04-16
    listed $16,400
  42. 2009-04-16
    listed $16,400
  43. 2007-12-22
    historical
  44. 2007-12-22
    historical
  45. 2007-06-22
    listed $79,900
  46. 2007-06-22
    listed $79,900
  47. 2005-04-26
    soldstatus $65,000
  48. 2005-03-28
    soldstatus $65,000
  49. 2005-01-24
    historical
  50. 2004-11-29
    listed $74,900

ⓘ 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
$1,669 · $139/mo
Projected year-2 tax
$1,669 · $139/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥95°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 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
$16,831
− Mortgage interest
−$5,041
− Property taxes
−$1,669
− Insurance
−$450
− Repairs & maintenance
−$1,346
− Management
−$1,346
− Depreciation
−$2,618
Taxable income
$4,360
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,046
After-tax cash flow
$4,468/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
Harper Woods School District
NCES district ID
2617760
Math proficiency
4% ▼ -7.00%
Reading proficiency
15% ▼ -9.00%
Median HH income
$46,155
Composite
8.8/100
National rank
#9892
State rank
#524 of 540 in MI

Livability — Harper Woods

Score
73/100
State rank
#199
US rank
#5054

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Harper Woods, MI
County
Wayne County · 1,562,939 people
City population
16,098
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
16,098
Household income
$61,750
Rent vs Own
33.8% rent · 66.2% own
Severe rent burden
410.0

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 (65%)
Race & ethnicity
Black 65% White 28% Two or more races 4% Hispanic / Latino 1%
Common ancestry
Romanian 4% Lithuanian 1% German 1%
Foreign-born
2% · Canada
Languages at home
95% English-only · Arabic 2% 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
▼ -150.40%
Current HPI
181.4961
Rent YoY
▲ 5.10%
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

+92.7% since first listed
38 events — show timeline
  • 2026-04-30 Price Changed $100,000 MiRealSource-MiMLS
  • 2026-04-30 Price Changed $100,000 REALCOMP
  • 2026-04-08 Listed $105,000 REALCOMP
  • 2026-04-08 Listed $105,000 MiRealSource-MiMLS
  • 2026-04-02 Rental Removed $1,250 TENANTTURNER2
  • 2026-01-28 Price Changed $1,250 TENANTTURNER2
  • 2025-10-14 Price Changed $1,300 TENANTTURNER2
  • 2025-08-16 Listed for Rent $1,400 TENANTTURNER2
  • 2025-04-09 Sold (Public Records) $309,000 Public Records
  • 2019-05-15 Sold (Public Records) $61,000 Public Records
  • 2016-06-17 Sold (Public Records) $45,000 Public Records
  • 2013-02-25 Sold (Public Records) $45,000 Public Records
  • 2011-05-04 Sold (MLS) $10,550 REALCOMP
  • 2011-05-04 Sold (MLS) $10,550 MiRealSource-MiMLS
  • 2011-04-26 Listing Removed MiRealSource-MiMLS
  • 2011-03-30 Listed $10,000 REALCOMP
  • 2011-03-30 Listed $10,000 MiRealSource-MiMLS
  • 2011-02-16 Listing Removed MiRealSource-MiMLS
  • 2011-02-16 Listing Removed REALCOMP
  • 2010-10-19 Listing Removed REALCOMP
  • 2010-10-19 Listed $16,400 MiRealSource-MiMLS
  • 2010-10-19 Listed $16,400 REALCOMP
  • 2010-06-10 Listing Removed MiRealSource-MiMLS
  • 2009-12-15 Listing Removed MiRealSource-MiMLS
  • 2009-12-15 Listed $16,400 MiRealSource-MiMLS
  • 2009-04-16 Listed $16,400 MiRealSource-MiMLS
  • 2009-04-16 Listed $16,400 REALCOMP
  • 2007-12-22 Listing Removed MiRealSource-MiMLS
  • 2007-12-22 Listing Removed REALCOMP
  • 2007-06-22 Listed $79,900 MiRealSource-MiMLS
  • 2007-06-22 Listed $79,900 REALCOMP
  • 2005-04-26 Sold (Public Records) $65,000 Public Records
  • 2005-03-28 Sold (MLS) $65,000 MiRealSource-MiMLS
  • 2005-01-24 Listing Removed MiRealSource-MiMLS
  • 2004-11-29 Listed $74,900 MiRealSource-MiMLS
  • 1994-06-02 Sold (Public Records) $48,605 Public Records
  • 1994-05-20 Sold (MLS) $48,605 MiRealSource-MiMLS
  • 1994-03-23 Listed $51,900 MiRealSource-MiMLS

Property tax history

-2.0%/yr

Latest (2025): $1,669 · -47.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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