1112 S Park Dr · Temperance, MI 48182

$160,000

2 bd · 1.0 ba · 896 sqft · SingleFamily · 3 Days on market

Built 1957 9,583 sqft lot $179/sqft · 6% below area Est $171k · 6% under

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Why this score? — see what drove the D 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 +13.0/30.0
• ARV discount +10.3/15.0
• DSCR +3.9/10.0
• Schools +3.8/10.0
• Livability +3.6/5.0
• 1% rule +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Check out this charming 2-bedroom, 1-bath property in the heart of Temperance! Located in a peaceful, quiet neighborhood, this home offers the perfect blend of comfort and convenience. As you walk in you are met with a large living space, with an eat in kitchen towards the back of the home. Through the kitchen you'll find a three-season room which opens up to an outdoor deck. This large backyard is perfect for relaxing or entertaining. Additionally, the home features a full basement, offering plenty of storage or the potential for additional living space. This home includes a newer roof and a newer water heater to make it truly move-in ready. Enjoy the added benefit of nearby recreation, with Giant Oak Golf Club just minutes away. You’ll also love being close to Temperance Veterans Memorial Park on Lewis Avenue, providing a great space for walks, playtime, and community events. Experience the tranquility of the area while still being close to shopping, dining, and everyday amenities. Whether you’re enjoying a quiet evening at home or exploring all that Temperance has to offer, this location truly delivers.

Key facts

• 9,583 sq ft lot
• Garage
• Built 1957

Property features AI

Finance

• Other: Residential property
• HOA & community: Homeowners association present

Exterior

• Parking: Attached garage (1 car)
• Utilities: Water: Private, Public, and Well available; Sewer: Public sewer
• Home design: Single-family residence; One story
• Construction: Vinyl siding; Above-grade living area approximately 896; One level
• Exterior features: Lot approximately 50 x 192 (0.22 acres); Subdivision: GOODALE PARK LOT 43; Cross streets near Lewis Ave and Whitman Dr

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); No central cooling
• Interior features: Basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $-7 ($-89/yr) — negative.
• To cash-flow at today's rent, offer at most $159k (0.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $120k (25.3% below list).
• Recommended offer: $120k (25.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 72/100 on livability (#229 in MI) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Bedford Public Schools (suburban): math 33% / reading 53% proficiency, ranked #150 of 540 in MI (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 18% free/reduced lunch — higher-income household profile.
• Zoned schools: Monroe Road Elementary School (math 29% / reading 54%, grade F, #581 of 1,397 statewide, top 42%, 613 students, 25% FRL); Bedford Junior High School (math 30% / reading 52%, grade F, #195 of 493 statewide, top 41%, 911 students, 29% FRL); Bedford Senior High School (math 38% / reading 64%, grade D+, #142 of 713 statewide, top 20%, 1,294 students, 27% FRL).
• Market conditions: 82 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 264 units permitted in Monroe County in 2024 (40 in 5+ unit buildings).
• This rent is only 17% of the median local income ($83k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Monroe County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $119,500 (25.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. 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.
6. 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.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.75% ✗
• Cap rate: 6.24%
• Cash-on-cash: -0.20%
• DSCR: 0.99
• GRM: 11.2

CMA / ARV

• ARV (median comp): $170,603
• List price: $160,000
• Delta: -6.22%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1112 S Park Dr	0.00mi	2/1.0	896 (0%)	0mo	$160,000	$179	100
1107 W Temperance Rd	0.15mi	2/1.0	857 (-4%)	7mo	$144,900	$169	80
739 Orchard St	0.21mi	2/1.0	878 (-2%)	10mo	$172,000	$196	79
641 King St	0.45mi	3/1.0 (+1)	900 (+0%)	13mo	$165,900	$184	63
660 Orchard Ave	0.28mi	3/1.0 (+1)	884 (-1%)	24mo	$139,900	$158	60
885 Dempster St	0.60mi	3/1.0 (+1)	960 (+7%)	7mo	$185,000	$193	49
665 King St	0.45mi	2/1.0	800 (-11%)	23mo	$138,000	$173	42
8828 Lewis Ave	0.38mi	3/2.0 (+1)	1,010 (+13%)	13mo	$189,000	$187	41
8730 Lewis Ave	0.50mi	2/1.0	768 (-14%)	17mo	$115,000	$150	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -16.7%
• Equity multiple: 0.41×
• Total profit: $-26,475
• Equity at exit: $23,857

10-year hold

• IRR: -8.6%
• Equity multiple: 0.46×
• Total profit: $-23,973
• Equity at exit: $13,834

Cash invested: $44,800 (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 48182

• Active inventory: 82
• Price-to-rent: 11.2×

Monthly cashflow live

• Estimated rent: $1,195 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$46 /mo · $549/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$251
• Net cashflow: $-7

Break-even live

Break-even rent $1,204

Max offer price $158,692

Occupancy floor 96%

Sensitivity live

Price	-10% $83	-5% $38	+0% $-7	+5% $-53	+10% $-98
Rent	-10% $-102	-5% $-55	+0% $-7	+5% $40	+10% $87
Rate	-1.0pp $73	-0.5pp $33	base $-7	+0.5pp $-49	+1.0pp $-91

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8150 Jackman Rd Temperance, MI	1.0–2.0	1.0	825	$1,195	$1.45	45d	3	1.40mi

Listing history 7 events

1. 2026-05-11
   status Pending 1124-char remark

   Show marketing remark (1136 chars)

   Check out this charming 2-bedroom, 1-bath property in the heart of Temperance! Located in a peaceful, quiet neighborhood, this home offers the perfect blend of comfort and convenience. As you walk in you are met with a large living space, with an eat in kitchen towards the back of the home. Through the kitchen you'll find a three-season room which opens up to an outdoor deck. This large backyard is perfect for relaxing or entertaining. Additionally, the home features a full basement, offering plenty of storage or the potential for additional living space. This home includes a newer roof and a newer water heater to make it truly move-in ready. Enjoy the added benefit of nearby recreation, with Giant Oak Golf Club just minutes away. You’ll also love being close to Temperance Veterans Memorial Park on Lewis Avenue, providing a great space for walks, playtime, and community events. Experience the tranquility of the area while still being close to shopping, dining, and everyday amenities. Whether you’re enjoying a quiet evening at home or exploring all that Temperance has to offer, this location truly delivers.

2. 2026-05-11
   status Pending 1136-char remark

   Show marketing remark (1136 chars)

   Check out this charming 2-bedroom, 1-bath property in the heart of Temperance! Located in a peaceful, quiet neighborhood, this home offers the perfect blend of comfort and convenience. As you walk in you are met with a large living space, with an eat in kitchen towards the back of the home. Through the kitchen you'll find a three-season room which opens up to an outdoor deck. This large backyard is perfect for relaxing or entertaining. Additionally, the home features a full basement, offering plenty of storage or the potential for additional living space. This home includes a newer roof and a newer water heater to make it truly move-in ready. Enjoy the added benefit of nearby recreation, with Giant Oak Golf Club just minutes away. You’ll also love being close to Temperance Veterans Memorial Park on Lewis Avenue, providing a great space for walks, playtime, and community events. Experience the tranquility of the area while still being close to shopping, dining, and everyday amenities. Whether you’re enjoying a quiet evening at home or exploring all that Temperance has to offer, this location truly delivers.

3. 2026-05-08
   listed $160,000 Active 1124-char remark

   Show marketing remark (1136 chars)

   Check out this charming 2-bedroom, 1-bath property in the heart of Temperance! Located in a peaceful, quiet neighborhood, this home offers the perfect blend of comfort and convenience. As you walk in you are met with a large living space, with an eat in kitchen towards the back of the home. Through the kitchen you'll find a three-season room which opens up to an outdoor deck. This large backyard is perfect for relaxing or entertaining. Additionally, the home features a full basement, offering plenty of storage or the potential for additional living space. This home includes a newer roof and a newer water heater to make it truly move-in ready. Enjoy the added benefit of nearby recreation, with Giant Oak Golf Club just minutes away. You’ll also love being close to Temperance Veterans Memorial Park on Lewis Avenue, providing a great space for walks, playtime, and community events. Experience the tranquility of the area while still being close to shopping, dining, and everyday amenities. Whether you’re enjoying a quiet evening at home or exploring all that Temperance has to offer, this location truly delivers.

4. 2026-05-08
   listed $160,000 Active 1136-char remark

   Show marketing remark (1136 chars)

   Check out this charming 2-bedroom, 1-bath property in the heart of Temperance! Located in a peaceful, quiet neighborhood, this home offers the perfect blend of comfort and convenience. As you walk in you are met with a large living space, with an eat in kitchen towards the back of the home. Through the kitchen you'll find a three-season room which opens up to an outdoor deck. This large backyard is perfect for relaxing or entertaining. Additionally, the home features a full basement, offering plenty of storage or the potential for additional living space. This home includes a newer roof and a newer water heater to make it truly move-in ready. Enjoy the added benefit of nearby recreation, with Giant Oak Golf Club just minutes away. You’ll also love being close to Temperance Veterans Memorial Park on Lewis Avenue, providing a great space for walks, playtime, and community events. Experience the tranquility of the area while still being close to shopping, dining, and everyday amenities. Whether you’re enjoying a quiet evening at home or exploring all that Temperance has to offer, this location truly delivers.

5. 2026-05-02
   historical $160,000 1136-char remark

   Show marketing remark (1136 chars)

   Check out this charming 2-bedroom, 1-bath property in the heart of Temperance! Located in a peaceful, quiet neighborhood, this home offers the perfect blend of comfort and convenience. As you walk in you are met with a large living space, with an eat in kitchen towards the back of the home. Through the kitchen you'll find a three-season room which opens up to an outdoor deck. This large backyard is perfect for relaxing or entertaining. Additionally, the home features a full basement, offering plenty of storage or the potential for additional living space. This home includes a newer roof and a newer water heater to make it truly move-in ready. Enjoy the added benefit of nearby recreation, with Giant Oak Golf Club just minutes away. You’ll also love being close to Temperance Veterans Memorial Park on Lewis Avenue, providing a great space for walks, playtime, and community events. Experience the tranquility of the area while still being close to shopping, dining, and everyday amenities. Whether you’re enjoying a quiet evening at home or exploring all that Temperance has to offer, this location truly delivers.

6. 2021-06-09
   soldstatus $135,000
7. 1990-06-28
   soldstatus $50,500

ⓘ 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: $549 · $46/mo
• Projected year-2 tax: $1,506 · $126/mo
• Expected delta: +$958/yr (+$80/mo · 174.5%)

ⓘ 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 ≥102°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,340
• − Mortgage interest: −$8,962
• − Property taxes: −$549
• − Insurance: −$800
• − Repairs & maintenance: −$1,147
• − Management: −$1,147
• − Depreciation: −$4,655
• Taxable loss: −$2,920
• Est. tax savings @ 24.0%: +$701
• After-tax cash flow: $612/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: Bedford Public Schools
• NCES district ID: 2604470
• Math proficiency: 33% ▼ -14.00%
• Reading proficiency: 53% ▼ -3.00%
• Median HH income: $63,784
• Composite: 38.22/100
• National rank: #4252
• State rank: #150 of 540 in MI

Livability — Temperance

• Score: 72/100
• State rank: #229
• US rank: #5788

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Temperance, MI
• County: Monroe · 31,363 people
• City population: 20,705
• Metro: Monroe, MI
• Population (ZIP): 20,705
• Household income: $83,155
• Rent vs Own: 16.9% rent · 83.1% own
• Severe rent burden: 12.7

Population outlook (Monroe County) Hauer SSP2

• Today (2025): 144,439 people
• By 2030: 140,033 · -3.1%
• By 2040: 128,408 · -11.1%
• By 2050: 115,024 · -20.4%
• By 2075: 87,273 · -39.6%
• By 2100: 63,110 · -56.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 6% Two or more races 5% Black 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 14% Lithuanian 4% Italian 3%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Monroe

• 2024 margin: Strong R (+27.1) · D 35.7% · R 62.9% · Other 1.4%
• 2008→2024 swing: -31.5pp toward R · 2008: 4.3pp · 2024: -27.1pp
• All cycles: 2024: R+27.1 2020: R+22.6 2016: R+22.1 2012: D+1.0 2008: D+4.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -140.99%
• Current HPI: 158.2484
• 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

+216.8% since first listed

10 events — show timeline

• 2026-06-09 Sold (Public Records) $160,000 Public Records
• 2026-06-08 Sold (MLS) $160,000 REALCOMP
• 2026-06-08 Sold (MLS) $160,000 MiRealSource-MiMLS
• 2026-05-11 Pending — REALCOMP
• 2026-05-11 Pending — MiRealSource-MiMLS
• 2026-05-08 Listed $160,000 REALCOMP
• 2026-05-08 Listed $160,000 MiRealSource-MiMLS
• 2026-05-02 Coming Soon $160,000 MiRealSource-MiMLS
• 2021-06-09 Sold (Public Records) $135,000 Public Records
• 1990-06-28 Sold (Public Records) $50,500 Public Records

Property tax history

-4.6%/yr

Latest (2025): $549 · -59.0% YoY. Source: county tax records.