CashFlowRE
Sign in Sign up
3432 Buckingham Ave
B- Composite 68.16
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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +8.0/15.0
  • Livability +3.7/5.0
  • Rent growth +2.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$90,000

3432 Buckingham Ave · Detroit, MI 48224
3 bd · 1.0 ba · 1,032 sqft · SingleFamily public records · 47 Days on market
Built 1950 4,356 sqft lot $87/sqft · at area comps Est $91k · at est.

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

Listing remarks MLS

WELCOME TO 3423 BUCKINGHAM - A TURNKEY SECTION 8 INVESTMENT OPPORTUNITY LOCATED ON DETROIT'S EAST SIDE. THIS 3-BEDROOM, 1-BATHROOM HOME IS CURRENTLY LEASED TO A SECTION 8 TENANT AT $1,000 PER MONTH WITH A FRESH LEASE THAT BEGAN IN APRIL, PROVIDING IMMEDIATE CASH FLOW FROM DAY ONE. THE PROPERTY WAS FRESHLY RENOVATED IN 2026 AND FEATURES A BRAND-NEW SEWER LINE, ADDING ADDITIONAL VALUE AND PEACE OF MIND FOR THE NEXT OWNER. THIS LOW-MAINTENANCE INVESTMENT HAS THE TENANT RESPONSIBLE FOR ALL UTILITIES AND LAWN MAINTENANCE. STRONG RENTAL PERFORMANCE, RELIABLE GOVERNMENT-BACKED INCOME, AND A SOLID TENANT PLACEMENT MAKE THIS PROPERTY AN EXCELLENT ADDITION TO ANY INVESTOR'S PORTFOLIO. PROPERTY MAY BE PURCHASED INDIVIDUALLY OR AS A PACKAGE WITH 18988 ALGONAC, WHICH IS CURRENTLY GENERATING $1,200 IN MONTHLY RENT. NO SHOWINGS WITHOUT AN ACCEPTED FULL PRICE OFFER.

Key facts

  • Brand new sewer line
  • Freshly renovated
  • 4,356 sq ft lot

Tags

FRESHLY RENOVATEDBRAND NEW SEWER LINESTRONG RENTAL PERFORMANCESOLID TENANT PLACEMENT

Property features AI

Exterior

  • Parking: No garage
  • Utilities: Water available; Sewer available
  • Home design: Single-family residence; Two levels; Ground-level entry with steps; Brick construction
  • Construction: Brick exterior
  • Exterior features: Paved road access; Lot approximately 0.1 acre (37 x 114)

Interior

  • Bathrooms: 1 full bathroom
  • Heating & cooling: Forced air heating (natural gas); No cooling
  • Interior features: Unfinished basement; Total of 3 rooms

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 $503 ($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: $87k (3.0% below list) — sets the bar for market timing.
  • Cap rate 13.0% vs local median 10.1% in Detroit — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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 flat; 492 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • This rent runs 38% of the median local income ($45k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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 + 0.7% 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 47 days — a 3% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 11y ago 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.
  • Current owner paid $7k; list at $90k implies a 1186% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $87,300 (3.0% below list)

Questions for the listing agent

  1. It's been on market 47 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1950 — 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. 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?
  5. 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?
  6. 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.
  7. 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.
  8. 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
1.59%
Cap rate
13.00%
Cash-on-cash
23.95%
DSCR
2.07
GRM
5.2

CMA / ARV

ARV (median comp)
$91,054
List price
$90,000
Delta
-1.16%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3640 Devonshire St 0.17mi 3/1.5 1,085 (+5%) 4mo $73,000 $67 78
3708 Nottingham Rd 0.34mi 3/1.5 1,034 (+0%) 9mo $32,000 $31 75
1451 Beaconsfield Ave 0.36mi 3/1.5 1,054 (+2%) 5mo $158,312 $150 73
3677 Somerset Ave 0.30mi 3/1.0 1,154 (+12%) 1mo $69,000 $60 66
1248 Maryland St 0.59mi 3/1.0 1,032 (0%) 10mo $200,000 $194 64
1330 Beaconsfield St 0.42mi 4/1.0 (+1) 1,144 (+11%) 0mo $285,000 $249 57
3482 Grayton St 0.68mi 3/1.0 1,097 (+6%) 3mo $140,000 $128 55
2970 Ashland St 0.64mi 3/2.0 1,000 (-3%) 10mo $199,000 $199 52
4693 Berkshire St 0.68mi 3/1.0 1,112 (+8%) 6mo $140,000 $126 50
3686 Wayburn St 0.59mi 3/1.5 1,140 (+10%) 6mo $110,000 $96 48
4669 Buckingham Ave 0.66mi 3/1.0 1,152 (+12%) 7mo $25,150 $22 44
3929 Grayton St 0.70mi 3/1.0 1,131 (+10%) 11mo $61,023 $54 42

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 · 0.73% rent growth · sell at horizon

5-year hold
IRR
14.6%
Equity multiple
1.57×
Total profit
$14,283
Equity at exit
$13,419
10-year hold
IRR
21.5%
Equity multiple
2.64×
Total profit
$41,268
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 48224

Rents YoY
0.7%
Active inventory
492
Price-to-rent
5.2×

Monthly cashflow live

Estimated rent
$1,430 high interval (Pro) →
Mortgage (P&I)
$472
Tax from tax record
$117 /mo · $1,404/yr
Insurance
$38
HOA
$0
Vacancy / Maint / Mgmt
$300
Net cashflow
$503

Break-even live

Break-even rent $793
Max offer price $90,000
Occupancy floor 60%

Sensitivity live

Price -10% $554 -5% $528 +0% $503 +5% $478 +10% $452
Rent -10% $390 -5% $447 +0% $503 +5% $559 +10% $616
Rate -1.0pp $548 -0.5pp $526 base $503 +0.5pp $480 +1.0pp $456

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 39 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3651 Buckingham Ave Detroit, MI 3.0 1.0 1320 $1,300 $0.98 18d 1 0.16mi
3625 Chatsworth St Detroit, MI 3.0 1.5 1182 $1,295 $1.10 25d 1 0.20mi
3626 Courville St Detroit, MI 3.0 1.0 1260 $1,300 $1.03 45d 1 0.30mi
1312 Somerset Ave Grosse Pointe Park, MI 2.0 1.0 1200 $1,400 $1.17 18d 1 0.36mi
1236 Beaconsfield Ave Unit 1 Grosse Pointe Park, MI 2.0 1.0 1100 $1,600 $1.45 25d 1 0.50mi
4151 Nottingham Rd Detroit, MI 2.0 1.0 1022 $1,275 $1.25 18d 1 0.52mi
1415 Maryland St Grosse Pointe Park, MI 3.0 1.0 700 $1,275 $1.82 45d 1 0.52mi
1314 Maryland St Grosse Pointe Park, MI 2.0 1.0 1008 $1,250 $1.24 45d 1 0.56mi
1300 Maryland St Grosse Pointe Park, MI 2.0 1.0 900 $1,200 $1.33 4d 1 0.58mi
1300 Maryland St Grosse Pointe Park, MI 2.0 1.0 900 $1,200 $1.33 23d 1 0.58mi
1348 Wayburn St Grosse Pointe, MI 3.0 2.0 1035 $2,000 $1.93 0d 1 0.59mi
1348 Wayburn St Grosse Pointe, MI 3.0 2.0 1035 $2,200 $2.13 25d 1 0.59mi
1367 Wayburn St Unit 1 Grosse Pointe Park, MI 3.0 1.0 816 $1,250 $1.53 45d 1 0.60mi
4627 Bedford St Unit 1 Detroit, MI 2.0 1.0 1050 $945 $0.90 21d 1 0.64mi
4391 Nottingham Rd Unit 4393 Detroit, MI 2.0 1.0 1038 $950 $0.92 6d 1 0.65mi
4251 Wayburn St Detroit, MI 3.0 1.5 1326 $1,650 $1.24 45d 1 0.73mi
1052 Beaconsfield Ave Grosse Pointe Park, MI 2.0 1.0 1000 $1,350 $1.35 18d 1 0.78mi
1042 Wayburn St Grosse Pointe Park, MI 3.0 1.0 1000 $1,575 $1.57 6d 1 0.87mi
5028 Bedford St Detroit, MI 3.0 1.0 1000 $1,400 $1.40 6d 1 0.90mi
5031 Bedford St Detroit, MI 2.0 1.0 876 $1,870 $2.13 0d 1 0.91mi
5112 Haverhill St Unit 1 Detroit, MI 2.0 1.0 1000 $1,100 $1.10 45d 1 0.97mi
981 Beaconsfield Ave Grosse Pointe Park, MI 2.0 1.0 1000 $1,095 $1.09 45d 1 0.97mi
5235 Chatsworth St Detroit, MI 2.0 1.0 900 $1,050 $1.17 45d 1 1.03mi
5267 Haverhill St Detroit, MI 3.0 1.5 1458 $1,300 $0.89 18d 1 1.05mi
5267 Haverhill St Detroit, MI 3.0 1.5 1458 $1,300 $0.89 18d 1 1.05mi
890 Neff Rd Grosse Pointe, MI 2.0 1.0 1100 $2,000 $1.82 25d 1 1.06mi
17137 Ontario St Unit 1 Detroit, MI 2.0 1.0 982 $1,123 $1.14 25d 1 1.08mi
509 Saint Clair Ave Grosse Pointe, MI 2.0 1.0 1000 $1,300 $1.30 45d 1 1.16mi
861 Beaconsfield Ave Grosse Pointe Park, MI 2.0 1.0 1300 $1,500 $1.15 13d 1 1.17mi
542 Neff Ln Grosse Pointe, MI 2.0 1.0 900 $1,595 $1.77 45d 1 1.18mi
5574 Buckingham Ave Detroit, MI 3.0 1.0 1430 $1,450 $1.01 5d 1 1.19mi
875 Philip St Detroit, MI 3.0 1.0 1353 $1,400 $1.03 45d 1 1.22mi
1050 Lakewood St Unit 1S Detroit, MI 2.0 1.0 896 $1,100 $1.23 45d 1 1.24mi
734 Ashland St Detroit, MI 3.0 1.0 1110 $1,300 $1.17 23d 1 1.25mi
734 Ashland St Detroit, MI 3.0 1.0 1110 $1,300 $1.17 25d 1 1.25mi
389 Saint Clair Ave Grosse Pointe, MI 2.0 2.0 1000 $3,150 $3.15 45d 1 1.31mi
5751 Nottingham Rd Unit 5/21/26 Detroit, MI 3.0 1.0 1100 $1,250 $1.14 16d 1 1.33mi
5747 Lakepointe St Detroit, MI 3.0 1.5 1316 $1,473 $1.12 45d 1 1.37mi
5783 Yorkshire Rd Detroit, MI 2.0 1.0 1040 $1,200 $1.15 45d 1 1.43mi

Listing history 26 events

  1. 2026-06-21
    days on market $90,000 Active 47 DOM
  2. 2026-06-18
    days on market $90,000 Active 44 DOM
  3. 2026-06-17
    days on market $90,000 Active 43 DOM
  4. 2026-06-15
    days on market $90,000 Active 41 DOM
  5. 2026-06-13
    days on market $90,000 Active 39 DOM
  6. 2026-06-13
    days on market $90,000 Active 38 DOM
  7. 2026-06-09
    days on market $90,000 Active 35 DOM
  8. 2026-06-08
    days on market $90,000 Active 34 DOM
  9. 2026-06-07
    days on market $90,000 Active 33 DOM
  10. 2026-06-04
    days on market $90,000 Active 30 DOM
  11. 2026-06-03
    days on market $90,000 Active 29 DOM
  12. 2026-06-02
    days on market $90,000 Active 28 DOM
  13. 2026-06-01
    days on market $90,000 Active 27 DOM
  14. 2026-05-31
    days on market $90,000 Active 26 DOM
  15. 2026-05-05
    listed $90,000 Active 880-char remark
    Show marketing remark (864 chars)

    WELCOME TO 3423 BUCKINGHAM - A TURNKEY SECTION 8 INVESTMENT OPPORTUNITY LOCATED ON DETROIT'S EAST SIDE. THIS 3-BEDROOM, 1-BATHROOM HOME IS CURRENTLY LEASED TO A SECTION 8 TENANT AT $1,000 PER MONTH WITH A FRESH LEASE THAT BEGAN IN APRIL, PROVIDING IMMEDIATE CASH FLOW FROM DAY ONE. THE PROPERTY WAS FRESHLY RENOVATED IN 2026 AND FEATURES A BRAND-NEW SEWER LINE, ADDING ADDITIONAL VALUE AND PEACE OF MIND FOR THE NEXT OWNER. THIS LOW-MAINTENANCE INVESTMENT HAS THE TENANT RESPONSIBLE FOR ALL UTILITIES AND LAWN MAINTENANCE. STRONG RENTAL PERFORMANCE, RELIABLE GOVERNMENT-BACKED INCOME, AND A SOLID TENANT PLACEMENT MAKE THIS PROPERTY AN EXCELLENT ADDITION TO ANY INVESTOR'S PORTFOLIO. PROPERTY MAY BE PURCHASED INDIVIDUALLY OR AS A PACKAGE WITH 18988 ALGONAC, WHICH IS CURRENTLY GENERATING $1,200 IN MONTHLY RENT. NO SHOWINGS WITHOUT AN ACCEPTED FULL PRICE OFFER.

  16. 2026-05-05
    listed $90,000 Active 864-char remark
    Show marketing remark (864 chars)

    WELCOME TO 3423 BUCKINGHAM - A TURNKEY SECTION 8 INVESTMENT OPPORTUNITY LOCATED ON DETROIT'S EAST SIDE. THIS 3-BEDROOM, 1-BATHROOM HOME IS CURRENTLY LEASED TO A SECTION 8 TENANT AT $1,000 PER MONTH WITH A FRESH LEASE THAT BEGAN IN APRIL, PROVIDING IMMEDIATE CASH FLOW FROM DAY ONE. THE PROPERTY WAS FRESHLY RENOVATED IN 2026 AND FEATURES A BRAND-NEW SEWER LINE, ADDING ADDITIONAL VALUE AND PEACE OF MIND FOR THE NEXT OWNER. THIS LOW-MAINTENANCE INVESTMENT HAS THE TENANT RESPONSIBLE FOR ALL UTILITIES AND LAWN MAINTENANCE. STRONG RENTAL PERFORMANCE, RELIABLE GOVERNMENT-BACKED INCOME, AND A SOLID TENANT PLACEMENT MAKE THIS PROPERTY AN EXCELLENT ADDITION TO ANY INVESTOR'S PORTFOLIO. PROPERTY MAY BE PURCHASED INDIVIDUALLY OR AS A PACKAGE WITH 18988 ALGONAC, WHICH IS CURRENTLY GENERATING $1,200 IN MONTHLY RENT. NO SHOWINGS WITHOUT AN ACCEPTED FULL PRICE OFFER.

  17. 2015-12-04
    soldstatus $7,000 Sold
    Show marketing remark (248 chars)

    Located close to all schools, shopping, business district and major free-ways. Property features spacious master bedroom, hardwood floors in lower floor bedrooms, bay window in dining room, full basement for extra storage and 1 car detached garage.

  18. 2015-12-04
    soldstatus $7,000
    Show marketing remark (248 chars)

    Located close to all schools, shopping, business district and major free-ways. Property features spacious master bedroom, hardwood floors in lower floor bedrooms, bay window in dining room, full basement for extra storage and 1 car detached garage.

  19. 2015-11-28
    historical
    Show marketing remark (248 chars)

    Located close to all schools, shopping, business district and major free-ways. Property features spacious master bedroom, hardwood floors in lower floor bedrooms, bay window in dining room, full basement for extra storage and 1 car detached garage.

  20. 2015-11-28
    historical
    Show marketing remark (248 chars)

    Located close to all schools, shopping, business district and major free-ways. Property features spacious master bedroom, hardwood floors in lower floor bedrooms, bay window in dining room, full basement for extra storage and 1 car detached garage.

  21. 2015-07-07
    price $14,000
    Show marketing remark (248 chars)

    Located close to all schools, shopping, business district and major free-ways. Property features spacious master bedroom, hardwood floors in lower floor bedrooms, bay window in dining room, full basement for extra storage and 1 car detached garage.

  22. 2015-06-11
    price $16,000
    Show marketing remark (248 chars)

    Located close to all schools, shopping, business district and major free-ways. Property features spacious master bedroom, hardwood floors in lower floor bedrooms, bay window in dining room, full basement for extra storage and 1 car detached garage.

  23. 2015-05-14
    price $18,000
    Show marketing remark (248 chars)

    Located close to all schools, shopping, business district and major free-ways. Property features spacious master bedroom, hardwood floors in lower floor bedrooms, bay window in dining room, full basement for extra storage and 1 car detached garage.

  24. 2015-04-09
    listed $19,999 Active
    Show marketing remark (248 chars)

    Located close to all schools, shopping, business district and major free-ways. Property features spacious master bedroom, hardwood floors in lower floor bedrooms, bay window in dining room, full basement for extra storage and 1 car detached garage.

  25. 2015-04-09
    listed $14,000
    Show marketing remark (248 chars)

    Located close to all schools, shopping, business district and major free-ways. Property features spacious master bedroom, hardwood floors in lower floor bedrooms, bay window in dining room, full basement for extra storage and 1 car detached garage.

  26. 1991-08-01
    soldstatus $22,000

ⓘ 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
$1,404 · $117/mo
Projected year-2 tax
$1,404 · $117/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 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
$17,157
− Mortgage interest
−$5,041
− Property taxes
−$1,404
− Insurance
−$450
− Repairs & maintenance
−$1,373
− Management
−$1,373
− Depreciation
−$2,618
Taxable income
$4,898
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,175
After-tax cash flow
$4,860/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)
39,668
Household income
$44,856
Rent vs Own
44.1% rent · 55.9% own
Severe rent burden
2515.0

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 (88%)
Race & ethnicity
Black 88% White 8% Two or more races 3% Hispanic / Latino 1%
Common ancestry
Iranian 1% Romanian 1% Lithuanian 1%
Foreign-born
1%
Languages at home
97% English-only · Spanish 2%

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
▼ -226.38%
Current HPI
161.886
Rent YoY
▲ 0.73%
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

+309.1% since first listed
12 events — show timeline
  • 2026-05-05 Listed $90,000 MiRealSource-MiMLS
  • 2026-05-05 Listed $90,000 REALCOMP
  • 2015-12-04 Sold (MLS) $7,000 REALCOMP
  • 2015-12-04 Sold (MLS) $7,000 MiRealSource-MiMLS
  • 2015-11-28 Listing Removed REALCOMP
  • 2015-11-28 Listing Removed MiRealSource-MiMLS
  • 2015-07-07 Price Changed $14,000 REALCOMP
  • 2015-06-11 Price Changed $16,000 REALCOMP
  • 2015-05-14 Price Changed $18,000 REALCOMP
  • 2015-04-09 Listed $19,999 REALCOMP
  • 2015-04-09 Listed $14,000 MiRealSource-MiMLS
  • 1991-08-01 Sold (Public Records) $22,000 Public Records

Property tax history

-5.4%/yr

Latest (2025): $1,404 · +0.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…