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15656 Normandy St
B+ Composite 76.49
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 +30.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Rent growth +4.0/5.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$51,900

15656 Normandy St · Detroit, MI 48238
3 bd · 1.0 ba · 1,345 sqft · SingleFamily public records · 317 Days on market
Built 1924 4,356 sqft lot $39/sqft · 20% below area Est $65k · 20% under ↓ 14% since listing

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

Listing remarks MLS

INVESTOR SPECIAL IN DETROIT! PRIME OPPORTUNITY FOR FIX & FLIP OR FIX & HOLD INVESTORS. WHETHER YOU'RE LOOKING TO CASH IN ON A QUICK FLIP OR BUILD LONG-TERM EQUITY, THIS ONE CHECKS ALL THE BOXES. TONS OF POTENTIAL – DON'T MISS OUT! MORE PHOTOS AVAILABLE UPON REQUEST.

Key facts

  • 4,356 sq ft lot
  • Garage
  • Built 1924

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 $52k.

Deal economics

  • At list price, monthly cash flow is $698 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $52k).
  • Recommended offer: $46k (12.0% below list) — sets the bar for market timing.
  • Cap rate 22.4% vs local median 10.2% in Detroit — 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 (#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 rising fast (+6.1%/yr); 346 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 $1,325/mo this rent would consume 48% of the median local household income ($33k/yr) (locally 2172% 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 $359 of loan paydown is wiped out by about $2k 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 + 6.1% rent growth), your $15k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 317 days — a 12% lower offer ($46k) is reasonable based on typical stale-listing flexibility.
  • 17 sale attempts since 7y ago; this cycle's ask has dropped $3k (6%) 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 $45,672 (12.0% below list)

Questions for the listing agent

  1. It's been on market 317 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
2.55%
Cap rate
22.44%
Cash-on-cash
57.66%
DSCR
3.57
GRM
3.3

CMA / ARV

ARV (median comp)
$64,940
List price
$51,900
Delta
-20.08%
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
15877 Baylis St 0.13mi 3/1.0 1,400 (+4%) 5mo $71,000 $51 83
16177 Inverness St 0.30mi 3/1.0 1,404 (+4%) 4mo $70,000 $50 76
15580 Linwood St 0.10mi 3/1.0 1,546 (+15%) 6mo $45,000 $29 65
15904 Parkside St 0.30mi 3/1.5 1,204 (-10%) 2mo $140,000 $116 65
15840 Lawton St 0.19mi 3/1.0 1,176 (-13%) 7mo $38,000 $32 65
16180 Wildemere St 0.41mi 3/1.5 1,454 (+8%) 2mo $115,000 $79 63
16141 Wildemere St 0.41mi 3/1.5 1,448 (+8%) 5mo $165,000 $114 62
16570 Inverness St 0.45mi 4/2.0 (+1) 1,300 (-3%) 3mo $120,000 $92 62
15376 Parkside St 0.35mi 3/1.0 1,488 (+11%) 11mo $65,000 $44 57
361 Pilgrim St 0.60mi 2/1.0 (-1) 1,368 (+2%) 10mo $8,000 $6 56
16533 Parkside St 0.47mi 3/2.0 1,500 (+12%) 2mo $205,000 $137 53
15863 Belden St 0.50mi 3/1.0 1,156 (-14%) 1mo $18,600 $16 52

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 · 6.14% rent growth · sell at horizon

5-year hold
IRR
59.7%
Equity multiple
3.78×
Total profit
$40,394
Equity at exit
$7,738
10-year hold
IRR
65.5%
Equity multiple
8.67×
Total profit
$111,400
Equity at exit
$4,487

Cash invested: $14,532 (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 48238

Home prices YoY
-14.4%
Rents YoY
6.1%
Active inventory
346
Price-to-rent
3.3×

Monthly cashflow live

Estimated rent
$1,325 high interval (Pro) →
Mortgage (P&I)
$272
Tax from tax record
$55 /mo · $661/yr
Insurance
$22
HOA
$0
Vacancy / Maint / Mgmt
$278
Net cashflow
$698

Break-even live

Break-even rent $442
Max offer price $51,900
Occupancy floor 42%

Sensitivity live

Price -10% $728 -5% $713 +0% $698 +5% $684 +10% $669
Rent -10% $594 -5% $646 +0% $698 +5% $751 +10% $803
Rate -1.0pp $724 -0.5pp $711 base $698 +0.5pp $685 +1.0pp $671

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
$12,975
Closing costs
$1,557
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
15906 Alden St Detroit, MI 3.0 1.0 1030 $1,150 $1.12 17d 1 0.25mi
16174 Princeton St Unit 2 Detroit, MI 2.0 1.0 985 $1,100 $1.12 44d 1 0.27mi
16174 Princeton St Detroit, MI 2.0 1.0 985 $1,100 $1.12 20d 1 0.27mi
15345 Parkside St Detroit, MI 3.0 1.0 1152 $1,300 $1.13 44d 1 0.42mi
326 Eason St Highland Park, MI 3.0 1.0 1256 $1,300 $1.04 18d 1 0.63mi
16927 Inverness St Detroit, MI 2.0 1.0 897 $1,650 $1.84 17d 1 0.63mi
2521 W McNichols Rd Unit B2 Detroit, MI 2.0 1.0 1300 $1,250 $0.96 44d 1 0.63mi
16834 Fairfield St Detroit, MI 2.0 1.0 1516 $1,363 $0.90 25d 1 0.69mi
16582 Santa Rosa Dr Detroit, MI 3.0 1.0 1314 $1,399 $1.06 18d 1 0.93mi
2034 Ewald Cir Detroit, MI 2.0 1.0 1000 $995 $0.99 5d 1 0.94mi
1926 Clements St Detroit, MI 3.0 1.0 1150 $1,150 $1.00 5d 1 0.96mi
1926 Clements St Unit 1926 Detroit, MI 3.0 1.0 1150 $1,250 $1.09 20d 1 0.96mi
7350 Globe St Detroit, MI 3.0 1.0 1000 $1,550 $1.55 4d 1 0.96mi
885 Covington Dr Unit 201 Highland Park, MI 2.0 2.0 1350 $1,695 $1.26 44d 1 1.04mi
17215 Warrington Dr Detroit, MI 2.0 1.0 1015 $2,000 $1.97 44d 1 1.04mi
17666 Manderson Rd Unit 17666 Detroit, MI 2.0 1.0 1200 $1,595 $1.33 44d 1 1.05mi
17670 Manderson Rd Unit 17670 Detroit, MI 2.0 1.0 1199 $1,595 $1.33 44d 1 1.05mi
1029 Covington Dr Unit 1029 Detroit, MI 2.0 1.0 1200 $1,495 $1.25 44d 1 1.06mi
1031 Covington Dr Unit 1061 Detroit, MI 2.0 1.0 1200 $1,595 $1.33 44d 1 1.06mi
17765 Manderson Rd Unit 8 Highland Park, MI 2.0 1.0 1000 $1,215 $1.22 2d 1 1.07mi
17765 Manderson Rd Unit 14 Highland Park, MI 2.0 1.0 1000 $1,175 $1.18 44d 1 1.07mi
3209 W Grand St Detroit, MI 3.0 1.0 1550 $1,103 $0.71 44d 1 1.09mi
17145 Santa Rosa Dr Unit 1 Detroit, MI 3.0 1.0 1050 $1,400 $1.33 18d 1 1.12mi
16255 Lilac St Detroit, MI 3.0 1.0 1312 $1,394 $1.06 18d 1 1.12mi
17147 Monica St Unit 2 1 Detroit, MI 2.0 1.0 900 $975 $1.08 25d 1 1.16mi
17550 2nd Ave Detroit, MI 2.0 1.0 1350 $1,150 $0.85 18d 1 1.16mi
15771 Turner St Detroit, MI 2.0 1.0 1000 $1,049 $1.05 44d 1 1.17mi
17163 Prairie St Unit 1B Detroit, MI 3.0 1.5 1317 $1,350 $1.03 44d 1 1.22mi
16722 Tuller St Detroit, MI 3.0 1.5 1100 $1,500 $1.36 17d 1 1.23mi
3812 W Grand St Detroit, MI 2.0 1.0 1100 $1,025 $0.93 17d 1 1.26mi
17551 Santa Rosa Dr Detroit, MI 2.0 1.0 1036 $1,095 $1.06 44d 1 1.29mi
17596 Santa Rosa Dr Detroit, MI 2.0 1.0 1350 $1,195 $0.89 44d 1 1.31mi
17596 Santa Rosa Dr Unit 2 Detroit, MI 2.0 1.0 1350 $1,195 $0.89 25d 1 1.31mi
2474 Fullerton St Detroit, MI 3.0 1.0 1400 $1,300 $0.93 15d 1 1.35mi
15457 Cloverlawn St Detroit, MI 3.0 2.0 1500 $1,275 $0.85 25d 1 1.38mi
3740 Tyler St Unit 1 Detroit, MI 3.0 1.0 1300 $1,300 $1.00 5d 1 1.38mi
3783 Tyler St Unit Lower Detroit, MI 3.0 1.0 1000 $1,150 $1.15 44d 1 1.43mi
3824 Tyler St Apt 1 Detroit, MI 3.0 1.0 900 $1,523 $1.69 17d 1 1.43mi
101 Stevens St Highland Park, MI 3.0 1.5 1152 $1,600 $1.39 18d 1 1.45mi
4287 W Grand St Unit 4289 Detroit, MI 3.0 1.0 1250 $1,000 $0.80 44d 1 1.45mi

Listing history 50 events

  1. 2026-06-18
    days on market $51,900 Active 317 DOM
  2. 2026-06-17
    days on market $51,900 Active 316 DOM
  3. 2026-06-15
    days on market $51,900 Active 314 DOM
  4. 2026-06-13
    days on market $51,900 Active 312 DOM
  5. 2026-06-13
    days on market $51,900 Active 311 DOM
  6. 2026-06-09
    days on market $51,900 Active 308 DOM
  7. 2026-06-08
    days on market $51,900 Active 307 DOM
  8. 2026-06-07
    days on market $51,900 Active 306 DOM
  9. 2026-06-04
    days on market $51,900 Active 303 DOM
  10. 2026-06-03
    days on market $51,900 Active 302 DOM
  11. 2026-06-01
    days on market $51,900 Active 300 DOM
  12. 2026-05-31
    days on market $51,900 Active 299 DOM
  13. 2025-10-03
    status Active 297-char remark
    Show marketing remark (290 chars)

    INVESTOR SPECIAL IN DETROIT! PRIME OPPORTUNITY FOR FIX & FLIP OR FIX & HOLD INVESTORS. WHETHER YOU'RE LOOKING TO CASH IN ON A QUICK FLIP OR BUILD LONG-TERM EQUITY, THIS ONE CHECKS ALL THE BOXES. TONS OF POTENTIAL – DON’T MISS OUT! MORE PHOTOS AVAILABLE UPON REQUEST.

  14. 2025-10-03
    status Active 290-char remark
    Show marketing remark (290 chars)

    INVESTOR SPECIAL IN DETROIT! PRIME OPPORTUNITY FOR FIX & FLIP OR FIX & HOLD INVESTORS. WHETHER YOU'RE LOOKING TO CASH IN ON A QUICK FLIP OR BUILD LONG-TERM EQUITY, THIS ONE CHECKS ALL THE BOXES. TONS OF POTENTIAL – DON’T MISS OUT! MORE PHOTOS AVAILABLE UPON REQUEST.

  15. 2025-09-23
    historical Accepting Backup Offers 297-char remark
    Show marketing remark (290 chars)

    INVESTOR SPECIAL IN DETROIT! PRIME OPPORTUNITY FOR FIX & FLIP OR FIX & HOLD INVESTORS. WHETHER YOU'RE LOOKING TO CASH IN ON A QUICK FLIP OR BUILD LONG-TERM EQUITY, THIS ONE CHECKS ALL THE BOXES. TONS OF POTENTIAL – DON’T MISS OUT! MORE PHOTOS AVAILABLE UPON REQUEST.

  16. 2025-09-23
    historical Active Under Contract 290-char remark
    Show marketing remark (290 chars)

    INVESTOR SPECIAL IN DETROIT! PRIME OPPORTUNITY FOR FIX & FLIP OR FIX & HOLD INVESTORS. WHETHER YOU'RE LOOKING TO CASH IN ON A QUICK FLIP OR BUILD LONG-TERM EQUITY, THIS ONE CHECKS ALL THE BOXES. TONS OF POTENTIAL – DON’T MISS OUT! MORE PHOTOS AVAILABLE UPON REQUEST.

  17. 2025-09-16
    price $51,900 297-char remark
    Show marketing remark (290 chars)

    INVESTOR SPECIAL IN DETROIT! PRIME OPPORTUNITY FOR FIX & FLIP OR FIX & HOLD INVESTORS. WHETHER YOU'RE LOOKING TO CASH IN ON A QUICK FLIP OR BUILD LONG-TERM EQUITY, THIS ONE CHECKS ALL THE BOXES. TONS OF POTENTIAL – DON’T MISS OUT! MORE PHOTOS AVAILABLE UPON REQUEST.

  18. 2025-09-16
    price $51,900 290-char remark
    Show marketing remark (290 chars)

    INVESTOR SPECIAL IN DETROIT! PRIME OPPORTUNITY FOR FIX & FLIP OR FIX & HOLD INVESTORS. WHETHER YOU'RE LOOKING TO CASH IN ON A QUICK FLIP OR BUILD LONG-TERM EQUITY, THIS ONE CHECKS ALL THE BOXES. TONS OF POTENTIAL – DON’T MISS OUT! MORE PHOTOS AVAILABLE UPON REQUEST.

  19. 2025-08-05
    listed $55,000 Active 290-char remark
    Show marketing remark (297 chars)

    INVESTOR SPECIAL IN DETROIT! PRIME OPPORTUNITY FOR FIX & FLIP OR FIX & HOLD INVESTORS. WHETHER YOU'RE LOOKING TO CASH IN ON A QUICK FLIP OR BUILD LONG-TERM EQUITY, THIS ONE CHECKS ALL THE BOXES. TONS OF POTENTIAL – DON'T MISS OUT! MORE PHOTOS AVAILABLE UPON REQUEST.

  20. 2025-08-05
    listed $55,000 Active 297-char remark
    Show marketing remark (297 chars)

    INVESTOR SPECIAL IN DETROIT! PRIME OPPORTUNITY FOR FIX & FLIP OR FIX & HOLD INVESTORS. WHETHER YOU'RE LOOKING TO CASH IN ON A QUICK FLIP OR BUILD LONG-TERM EQUITY, THIS ONE CHECKS ALL THE BOXES. TONS OF POTENTIAL – DON'T MISS OUT! MORE PHOTOS AVAILABLE UPON REQUEST.

  21. 2024-07-08
    historical
  22. 2024-07-08
    historical
  23. 2024-06-13
    price $43,000
  24. 2024-06-13
    price $43,000
  25. 2024-06-10
    price $45,000
  26. 2024-06-10
    price $45,000
  27. 2024-04-28
    price $47,500
  28. 2024-04-28
    price $47,500
  29. 2024-04-16
    listed $49,900 Active
  30. 2024-04-16
    listed $49,900 Active
  31. 2023-11-07
    historical
  32. 2023-11-07
    historical
  33. 2023-07-27
    price $59,900
  34. 2023-07-26
    price $59,900
  35. 2023-03-07
    price $65,000
  36. 2023-03-06
    price $65,000
  37. 2023-03-06
    status Active
  38. 2023-03-06
    status Active
  39. 2023-03-06
    historical
  40. 2023-03-06
    historical
  41. 2023-03-04
    listed $34,999 Active
  42. 2023-03-04
    listed $34,999 Active
  43. 2021-09-02
    historical
  44. 2021-09-01
    historical
  45. 2021-07-10
    price $70,000
  46. 2021-07-10
    price $70,000
  47. 2021-05-11
    price $76,900
  48. 2021-05-11
    price $76,900
  49. 2021-04-22
    price $79,900
  50. 2021-04-22
    price $79,900

ⓘ 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
$661 · $55/mo
Projected year-2 tax
$730 · $61/mo
Expected delta
+$69/yr (+$6/mo · 10.5%)

ⓘ 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 ≥97°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 4/10 Moderate 4 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
$15,905
− Mortgage interest
−$2,907
− Property taxes
−$661
− Insurance
−$260
− Repairs & maintenance
−$1,272
− Management
−$1,272
− Depreciation
−$1,510
Taxable income
$8,023
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,926
After-tax cash flow
$6,453/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)
24,731
Household income
$33,315
Rent vs Own
53.0% rent · 47.0% own
Severe rent burden
2172.0

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 (94%)
Race & ethnicity
Black 94% Two or more races 3% White 1%
Foreign-born
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
▼ -31.96%
Current HPI
189.6227
Rent YoY
▲ 6.14%
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

-13.5% since first listed
59 events — show timeline
  • 2025-10-03 Relisted MiRealSource-MiMLS
  • 2025-10-03 Relisted REALCOMP
  • 2025-09-23 Contingent MiRealSource-MiMLS
  • 2025-09-23 Contingent REALCOMP
  • 2025-09-16 Price Changed $51,900 MiRealSource-MiMLS
  • 2025-09-16 Price Changed $51,900 REALCOMP
  • 2025-08-05 Listed $55,000 REALCOMP
  • 2025-08-05 Listed $55,000 MiRealSource-MiMLS
  • 2024-07-08 Listing Removed MiRealSource-MiMLS
  • 2024-07-08 Listing Removed REALCOMP
  • 2024-06-13 Price Changed $43,000 MiRealSource-MiMLS
  • 2024-06-13 Price Changed $43,000 REALCOMP
  • 2024-06-10 Price Changed $45,000 MiRealSource-MiMLS
  • 2024-06-10 Price Changed $45,000 REALCOMP
  • 2024-04-28 Price Changed $47,500 MiRealSource-MiMLS
  • 2024-04-28 Price Changed $47,500 REALCOMP
  • 2024-04-16 Listed $49,900 MiRealSource-MiMLS
  • 2024-04-16 Listed $49,900 REALCOMP
  • 2023-11-07 Listing Removed MiRealSource-MiMLS
  • 2023-11-07 Listing Removed REALCOMP
  • 2023-07-27 Price Changed $59,900 MiRealSource-MiMLS
  • 2023-07-26 Price Changed $59,900 REALCOMP
  • 2023-03-07 Price Changed $65,000 MiRealSource-MiMLS
  • 2023-03-06 Price Changed $65,000 REALCOMP
  • 2023-03-06 Relisted MiRealSource-MiMLS
  • 2023-03-06 Relisted REALCOMP
  • 2023-03-06 Listing Removed MiRealSource-MiMLS
  • 2023-03-06 Listing Removed REALCOMP
  • 2023-03-04 Listed $34,999 MiRealSource-MiMLS
  • 2023-03-04 Listed $34,999 REALCOMP
  • 2021-09-02 Listing Removed REALCOMP
  • 2021-09-01 Listing Removed MiRealSource-MiMLS
  • 2021-07-10 Price Changed $70,000 MiRealSource-MiMLS
  • 2021-07-10 Price Changed $70,000 REALCOMP
  • 2021-05-11 Price Changed $76,900 MiRealSource-MiMLS
  • 2021-05-11 Price Changed $76,900 REALCOMP
  • 2021-04-22 Price Changed $79,900 MiRealSource-MiMLS
  • 2021-04-22 Price Changed $79,900 REALCOMP
  • 2021-04-21 Listed $69,900 MiRealSource-MiMLS
  • 2021-04-21 Listed $69,900 REALCOMP
  • 2020-06-07 Listing Removed MiRealSource-MiMLS
  • 2020-06-07 Listing Removed REALCOMP
  • 2020-03-10 Price Changed $48,739 MiRealSource-MiMLS
  • 2020-03-09 Price Changed $48,739 REALCOMP
  • 2020-02-26 Price Changed $50,000 MiRealSource-MiMLS
  • 2020-02-25 Price Changed $50,000 REALCOMP
  • 2019-11-16 Price Changed $50,500 MiRealSource-MiMLS
  • 2019-11-15 Price Changed $50,500 REALCOMP
  • 2019-08-31 Price Changed $52,500 MiRealSource-MiMLS
  • 2019-08-30 Price Changed $52,500 REALCOMP
  • 2019-08-13 Price Changed $62,000 REALCOMP
  • 2019-08-13 Listed $62,000 MiRealSource-MiMLS
  • 2019-08-13 Listed $6,200 REALCOMP
  • 2019-07-20 Listing Removed REALCOMP
  • 2019-07-19 Listing Removed MiRealSource-MiMLS
  • 2019-07-12 Relisted REALCOMP
  • 2019-07-08 Listing Removed REALCOMP
  • 2019-01-19 Listed $60,000 MiRealSource-MiMLS
  • 2019-01-19 Listed $60,000 REALCOMP

Property tax history

-6.1%/yr

Latest (2025): $661 · -54.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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