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5270 Lodewyck St
B Composite 74.54
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 +14.4/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • 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

$53,000

5270 Lodewyck St · Detroit, MI 48224
3 bd · 1.0 ba · 1,080 sqft · SingleFamily public records · 15 Days on market
Built 1930 4,792 sqft lot $49/sqft · 32% below area Est $63k · 15% under ↓ 53% since listing

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

Listing remarks MLS

Step into timeless character with this classic Tudor home featuring 3 bedrooms and 2 full bathrooms. This spacious property offers a 2-car garage and a full basement, providing plenty of storage and potential for additional living space. Rich in original charm and architectural detail, this home is perfect for buyers looking to add their personal touch. While it does need some TLC, the bones are there to transform this beauty into something truly special. Located in Detroit, this property is ideal for homeowners or investors looking for a great opportunity with upside potential . Don't miss your chance to bring this stunning Tudor back to life! Property is being SOLD AS IS.

Key facts

  • 4,792 sq ft lot
  • 2 garage spots
  • Built 1930

Property features AI

Finance

  • Financial info: Annual tax: $2,260

Exterior

  • Parking: Detached 2-car garage
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; Two-story home; Ground-level entry with steps; Brick exterior
  • Construction: Block foundation
  • Exterior features: Paved road access; Lot approximately 0.11 acres (48 x 103.44)

Interior

  • Bedrooms: Total of 5 rooms (bedrooms included)
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Forced air heating (natural gas); No central 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 $53k.

Deal economics

  • At list price, monthly cash flow is $758 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $53k).
  • Recommended offer: $52k (1.5% below list) — sets the bar for market timing.
  • Cap rate 23.5% 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 flat; 484 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); 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 $366 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 + 0.7% 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 15 days — a 2% lower offer ($52k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts since 4y 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.

Risks & watch-outs

  • Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $52,205 (1.5% below list)

Questions for the listing agent

  1. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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?
  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
2.68%
Cap rate
23.45%
Cash-on-cash
61.28%
DSCR
3.73
GRM
3.1

CMA / ARV

ARV (median comp)
$62,602
List price
$53,000
Delta
-15.34%
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
5220 University Pl 0.11mi 2/1.0 (-1) 1,001 (-7%) 0mo $40,000 $40 77
5210 Farmbrook St 0.07mi 2/1.0 (-1) 1,188 (+10%) 3mo $85,000 $72 73
5330 Hereford St 0.20mi 3/1.0 1,204 (+12%) 3mo $103,000 $86 69
18904 Mallina St 0.56mi 3/1.0 1,107 (+2%) 2mo $85,575 $77 68
6135 Marseilles St 0.47mi 3/1.0 988 (-8%) 0mo $55,000 $56 64
6304 Bluehill St 0.70mi 3/1.0 1,088 (+1%) 3mo $99,000 $91 63
5981 University Pl 0.41mi 3/1.0 964 (-11%) 3mo $64,000 $66 60
19134 Mallina St 0.69mi 3/1.0 1,032 (-4%) 2mo $179,000 $173 59
5279 Cadieux Rd 0.57mi 3/2.0 1,161 (+8%) 0mo $68,000 $59 57
6230 Oldtown St 0.74mi 3/1.0 1,149 (+6%) 2mo $76,000 $66 54
6106 Oldtown St 0.65mi 3/1.5 961 (-11%) 1mo $132,000 $137 48
5762 Oldtown St 0.54mi 3/1.5 1,240 (+15%) 2mo $138,000 $111 46

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
57.5%
Equity multiple
3.46×
Total profit
$36,521
Equity at exit
$7,902
10-year hold
IRR
61.6%
Equity multiple
6.50×
Total profit
$81,578
Equity at exit
$4,582

Cash invested: $14,840 (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
484
Price-to-rent
3.1×

Monthly cashflow live

Estimated rent
$1,423 high interval (Pro) →
Mortgage (P&I)
$278
Tax est. 1.5%
$66 /mo · $795/yr
Insurance
$22
HOA
$0
Vacancy / Maint / Mgmt
$299
Net cashflow
$758

Break-even live

Break-even rent $464
Max offer price $53,000
Occupancy floor 42%

Sensitivity live

Price -10% $794 -5% $776 +0% $758 +5% $739 +10% $721
Rent -10% $645 -5% $702 +0% $758 +5% $814 +10% $870
Rate -1.0pp $785 -0.5pp $771 base $758 +0.5pp $744 +1.0pp $730

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
$13,250
Closing costs
$1,590
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
5915 Farmbrook St Detroit, MI 3.0 1.5 1000 $1,250 $1.25 25d 1 0.34mi
5786 Neff Ave Detroit, MI 3.0 1.5 1100 $1,225 $1.11 17d 1 0.37mi
6175 Marseilles St Detroit, MI 3.0 1.0 1100 $1,100 $1.00 44d 1 0.52mi
19000 Chandler Park Dr Grosse Pointe, MI 2.0 1.0 1374 $2,300 $1.67 5d 1 0.53mi
19000 Chandler Park Dr Grosse Pointe, MI 2.0 1.0 1374 $2,300 $1.67 0d 1 0.53mi
5955 Guilford St Detroit, MI 3.0 1.0 802 $1,400 $1.75 18d 1 0.54mi
22144 Moross Rd Grosse Pointe, MI 2.0 1.0 819 $1,350 $1.65 3d 1 0.58mi
22144 Moross Rd Grosse Pointe, MI 2.0 1.0 819 $1,350 $1.65 18d 1 0.58mi
6301 Lodewyck St Detroit, MI 3.0 1.0 1084 $1,300 $1.20 13d 1 0.58mi
22148 Moross Rd Grosse Pointe, MI 2.0 1.0 819 $1,250 $1.53 18d 1 0.58mi
22148 Moross Rd Grosse Pointe, MI 2.0 1.0 819 $1,250 $1.53 3d 1 0.58mi
6154 Woodhall St Detroit, MI 2.0 1.0 1136 $1,000 $0.88 44d 1 0.58mi
6181 Neff Ave Detroit, MI 3.0 1.0 1102 $1,299 $1.18 18d 1 0.59mi
17137 Ontario St Unit 1 Detroit, MI 2.0 1.0 982 $1,123 $1.14 25d 1 0.60mi
6325 Neff Ave Detroit, MI 3.0 1.0 1000 $1,500 $1.50 3d 1 0.65mi
17720 Chester St Detroit, MI 2.0 1.0 986 $1,250 $1.27 44d 1 0.66mi
17710 Chester St Detroit, MI 2.0 1.0 984 $1,250 $1.27 44d 1 0.66mi
6304 Bluehill St Detroit, MI 3.0 1.0 1088 $1,500 $1.38 44d 1 0.71mi
19168 Berden St Grosse Pointe, MI 3.0 1.0 1200 $1,800 $1.50 0d 1 0.72mi
6225 Oldtown St Detroit, MI 3.0 1.0 1330 $1,199 $0.90 18d 1 0.75mi
21401 Kingsville St Harper Woods, MI 2.0 1.0 944 $1,200 $1.27 25d 1 0.80mi
20926 Moross Rd Grosse Pointe, MI 3.0 1.0 1200 $1,350 $1.12 44d 1 0.85mi
5783 Yorkshire Rd Detroit, MI 2.0 1.0 1040 $1,200 $1.15 44d 1 0.85mi
19203 Edgefield St Harper Woods, MI 2.0 1.0 1100 $1,100 $1.00 25d 1 0.92mi
10542 Lanark St Detroit, MI 3.0 1.0 1023 $1,250 $1.22 44d 1 0.97mi
890 Neff Rd Grosse Pointe, MI 2.0 1.0 1100 $2,000 $1.82 25d 1 1.01mi
9241 Boleyn St Detroit, MI 3.0 1.0 1350 $1,350 $1.00 44d 1 1.03mi
9313 Harvard Rd Detroit, MI 3.0 1.5 1329 $1,200 $0.90 18d 1 1.08mi
10870 Marne St Detroit, MI 3.0 1.0 1156 $1,100 $0.95 18d 1 1.14mi
10037 Grayton St Detroit, MI 3.0 1.0 1000 $1,400 $1.40 4d 1 1.14mi
10370 Britain St Detroit, MI 3.0 1.0 1100 $1,100 $1.00 44d 1 1.15mi
5028 Bedford St Detroit, MI 3.0 1.0 1000 $1,400 $1.40 5d 1 1.17mi
10177 Boleyn St Detroit, MI 3.0 1.0 767 $1,250 $1.63 44d 1 1.17mi
20461 Kingsville St Harper Woods, MI 4.0 1.0 1100 $1,399 $1.27 15d 1 1.18mi
10400 Britain St Detroit, MI 3.0 1.0 890 $1,100 $1.24 44d 1 1.18mi
10692 Meuse St Detroit, MI 3.0 1.0 955 $1,250 $1.31 13d 1 1.18mi
5031 Bedford St Detroit, MI 2.0 1.0 876 $1,870 $2.13 0d 1 1.20mi
9635 Everts St Detroit, MI 4.0 2.0 1450 $1,650 $1.14 44d 1 1.21mi
10985 Peerless St Detroit, MI 3.0 1.0 1000 $1,364 $1.36 5d 1 1.23mi
4627 Bedford St Unit 1 Detroit, MI 2.0 1.0 1050 $945 $0.90 20d 1 1.26mi

Listing history 23 events

  1. 2026-06-18
    status $53,000 Active 15 DOM
    Show marketing remark (682 chars)

    Step into timeless character with this classic Tudor home featuring 3 bedrooms and 2 full bathrooms. This spacious property offers a 2-car garage and a full basement, providing plenty of storage and potential for additional living space. Rich in original charm and architectural detail, this home is perfect for buyers looking to add their personal touch. While it does need some TLC, the bones are there to transform this beauty into something truly special. Located in Detroit, this property is ideal for homeowners or investors looking for a great opportunity with upside potential . Don't miss your chance to bring this stunning Tudor back to life! Property is being SOLD AS IS.

  2. 2026-05-15
    status Pending 682-char remark
    Show marketing remark (682 chars)

    Step into timeless character with this classic Tudor home featuring 3 bedrooms and 2 full bathrooms. This spacious property offers a 2-car garage and a full basement, providing plenty of storage and potential for additional living space. Rich in original charm and architectural detail, this home is perfect for buyers looking to add their personal touch. While it does need some TLC, the bones are there to transform this beauty into something truly special. Located in Detroit, this property is ideal for homeowners or investors looking for a great opportunity with upside potential . Don't miss your chance to bring this stunning Tudor back to life! Property is being SOLD AS IS.

  3. 2026-05-15
    status Pending 688-char remark
    Show marketing remark (682 chars)

    Step into timeless character with this classic Tudor home featuring 3 bedrooms and 2 full bathrooms. This spacious property offers a 2-car garage and a full basement, providing plenty of storage and potential for additional living space. Rich in original charm and architectural detail, this home is perfect for buyers looking to add their personal touch. While it does need some TLC, the bones are there to transform this beauty into something truly special. Located in Detroit, this property is ideal for homeowners or investors looking for a great opportunity with upside potential . Don't miss your chance to bring this stunning Tudor back to life! Property is being SOLD AS IS.

  4. 2026-05-12
    status Active 682-char remark
    Show marketing remark (682 chars)

    Step into timeless character with this classic Tudor home featuring 3 bedrooms and 2 full bathrooms. This spacious property offers a 2-car garage and a full basement, providing plenty of storage and potential for additional living space. Rich in original charm and architectural detail, this home is perfect for buyers looking to add their personal touch. While it does need some TLC, the bones are there to transform this beauty into something truly special. Located in Detroit, this property is ideal for homeowners or investors looking for a great opportunity with upside potential . Don't miss your chance to bring this stunning Tudor back to life! Property is being SOLD AS IS.

  5. 2026-05-12
    status Active 688-char remark
    Show marketing remark (682 chars)

    Step into timeless character with this classic Tudor home featuring 3 bedrooms and 2 full bathrooms. This spacious property offers a 2-car garage and a full basement, providing plenty of storage and potential for additional living space. Rich in original charm and architectural detail, this home is perfect for buyers looking to add their personal touch. While it does need some TLC, the bones are there to transform this beauty into something truly special. Located in Detroit, this property is ideal for homeowners or investors looking for a great opportunity with upside potential . Don't miss your chance to bring this stunning Tudor back to life! Property is being SOLD AS IS.

  6. 2026-05-05
    status Pending 682-char remark
    Show marketing remark (682 chars)

    Step into timeless character with this classic Tudor home featuring 3 bedrooms and 2 full bathrooms. This spacious property offers a 2-car garage and a full basement, providing plenty of storage and potential for additional living space. Rich in original charm and architectural detail, this home is perfect for buyers looking to add their personal touch. While it does need some TLC, the bones are there to transform this beauty into something truly special. Located in Detroit, this property is ideal for homeowners or investors looking for a great opportunity with upside potential . Don't miss your chance to bring this stunning Tudor back to life! Property is being SOLD AS IS.

  7. 2026-05-05
    status Pending 688-char remark
    Show marketing remark (682 chars)

    Step into timeless character with this classic Tudor home featuring 3 bedrooms and 2 full bathrooms. This spacious property offers a 2-car garage and a full basement, providing plenty of storage and potential for additional living space. Rich in original charm and architectural detail, this home is perfect for buyers looking to add their personal touch. While it does need some TLC, the bones are there to transform this beauty into something truly special. Located in Detroit, this property is ideal for homeowners or investors looking for a great opportunity with upside potential . Don't miss your chance to bring this stunning Tudor back to life! Property is being SOLD AS IS.

  8. 2026-04-23
    listed $53,000 Active 688-char remark
    Show marketing remark (682 chars)

    Step into timeless character with this classic Tudor home featuring 3 bedrooms and 2 full bathrooms. This spacious property offers a 2-car garage and a full basement, providing plenty of storage and potential for additional living space. Rich in original charm and architectural detail, this home is perfect for buyers looking to add their personal touch. While it does need some TLC, the bones are there to transform this beauty into something truly special. Located in Detroit, this property is ideal for homeowners or investors looking for a great opportunity with upside potential . Don't miss your chance to bring this stunning Tudor back to life! Property is being SOLD AS IS.

  9. 2026-04-23
    listed $53,000 Active 682-char remark
    Show marketing remark (682 chars)

    Step into timeless character with this classic Tudor home featuring 3 bedrooms and 2 full bathrooms. This spacious property offers a 2-car garage and a full basement, providing plenty of storage and potential for additional living space. Rich in original charm and architectural detail, this home is perfect for buyers looking to add their personal touch. While it does need some TLC, the bones are there to transform this beauty into something truly special. Located in Detroit, this property is ideal for homeowners or investors looking for a great opportunity with upside potential . Don't miss your chance to bring this stunning Tudor back to life! Property is being SOLD AS IS.

  10. 2022-06-06
    soldstatus $133,000
  11. 2022-06-03
    soldstatus $133,000 Sold
    Show marketing remark (652 chars)

    Have you ever dreamed of living in a Castle? Here's your chance this beautiful well maintain Tudor style home, is ready to make your dreams come true! This beauty has several upgrades such as NEW PAINT throughout NEW ROOF 2021, NEW BOILER 2021, NEW WINDOWS 2021, NEW DRIVEWAY in back 2021, And so Much More. 2.5 Car garage. Walking distance from the beautiful Detroit's historic East English Village. This home features 3 spacious bedrooms and 3 bath=1 full 2 halfs. This home is truly a gem . The large living room and dining room feature stunning welcoming natural sunlight lots of character and original tudor interior details Lovely curb appeal.

  12. 2022-06-03
    soldstatus $133,000 Closed
    Show marketing remark (652 chars)

    Have you ever dreamed of living in a Castle? Here's your chance this beautiful well maintain Tudor style home, is ready to make your dreams come true! This beauty has several upgrades such as NEW PAINT throughout NEW ROOF 2021, NEW BOILER 2021, NEW WINDOWS 2021, NEW DRIVEWAY in back 2021, And so Much More. 2.5 Car garage. Walking distance from the beautiful Detroit's historic East English Village. This home features 3 spacious bedrooms and 3 bath=1 full 2 halfs. This home is truly a gem . The large living room and dining room feature stunning welcoming natural sunlight lots of character and original tudor interior details Lovely curb appeal.

  13. 2022-04-18
    status Pending
    Show marketing remark (652 chars)

    Have you ever dreamed of living in a Castle? Here's your chance this beautiful well maintain Tudor style home, is ready to make your dreams come true! This beauty has several upgrades such as NEW PAINT throughout NEW ROOF 2021, NEW BOILER 2021, NEW WINDOWS 2021, NEW DRIVEWAY in back 2021, And so Much More. 2.5 Car garage. Walking distance from the beautiful Detroit's historic East English Village. This home features 3 spacious bedrooms and 3 bath=1 full 2 halfs. This home is truly a gem . The large living room and dining room feature stunning welcoming natural sunlight lots of character and original tudor interior details Lovely curb appeal.

  14. 2022-04-18
    status Pending
    Show marketing remark (652 chars)

    Have you ever dreamed of living in a Castle? Here's your chance this beautiful well maintain Tudor style home, is ready to make your dreams come true! This beauty has several upgrades such as NEW PAINT throughout NEW ROOF 2021, NEW BOILER 2021, NEW WINDOWS 2021, NEW DRIVEWAY in back 2021, And so Much More. 2.5 Car garage. Walking distance from the beautiful Detroit's historic East English Village. This home features 3 spacious bedrooms and 3 bath=1 full 2 halfs. This home is truly a gem . The large living room and dining room feature stunning welcoming natural sunlight lots of character and original tudor interior details Lovely curb appeal.

  15. 2022-04-10
    historical Accepting Backup Offers
    Show marketing remark (652 chars)

    Have you ever dreamed of living in a Castle? Here's your chance this beautiful well maintain Tudor style home, is ready to make your dreams come true! This beauty has several upgrades such as NEW PAINT throughout NEW ROOF 2021, NEW BOILER 2021, NEW WINDOWS 2021, NEW DRIVEWAY in back 2021, And so Much More. 2.5 Car garage. Walking distance from the beautiful Detroit's historic East English Village. This home features 3 spacious bedrooms and 3 bath=1 full 2 halfs. This home is truly a gem . The large living room and dining room feature stunning welcoming natural sunlight lots of character and original tudor interior details Lovely curb appeal.

  16. 2022-04-10
    historical Accepting Backup Offers
    Show marketing remark (652 chars)

    Have you ever dreamed of living in a Castle? Here's your chance this beautiful well maintain Tudor style home, is ready to make your dreams come true! This beauty has several upgrades such as NEW PAINT throughout NEW ROOF 2021, NEW BOILER 2021, NEW WINDOWS 2021, NEW DRIVEWAY in back 2021, And so Much More. 2.5 Car garage. Walking distance from the beautiful Detroit's historic East English Village. This home features 3 spacious bedrooms and 3 bath=1 full 2 halfs. This home is truly a gem . The large living room and dining room feature stunning welcoming natural sunlight lots of character and original tudor interior details Lovely curb appeal.

  17. 2022-04-02
    listed $135,000 Active
    Show marketing remark (652 chars)

    Have you ever dreamed of living in a Castle? Here's your chance this beautiful well maintain Tudor style home, is ready to make your dreams come true! This beauty has several upgrades such as NEW PAINT throughout NEW ROOF 2021, NEW BOILER 2021, NEW WINDOWS 2021, NEW DRIVEWAY in back 2021, And so Much More. 2.5 Car garage. Walking distance from the beautiful Detroit's historic East English Village. This home features 3 spacious bedrooms and 3 bath=1 full 2 halfs. This home is truly a gem . The large living room and dining room feature stunning welcoming natural sunlight lots of character and original tudor interior details Lovely curb appeal.

  18. 2022-04-02
    listed $135,000 Active
    Show marketing remark (652 chars)

    Have you ever dreamed of living in a Castle? Here's your chance this beautiful well maintain Tudor style home, is ready to make your dreams come true! This beauty has several upgrades such as NEW PAINT throughout NEW ROOF 2021, NEW BOILER 2021, NEW WINDOWS 2021, NEW DRIVEWAY in back 2021, And so Much More. 2.5 Car garage. Walking distance from the beautiful Detroit's historic East English Village. This home features 3 spacious bedrooms and 3 bath=1 full 2 halfs. This home is truly a gem . The large living room and dining room feature stunning welcoming natural sunlight lots of character and original tudor interior details Lovely curb appeal.

  19. 2022-04-02
    historical
    Show marketing remark (652 chars)

    Have you ever dreamed of living in a Castle? Here's your chance this beautiful well maintain Tudor style home, is ready to make your dreams come true! This beauty has several upgrades such as NEW PAINT throughout NEW ROOF 2021, NEW BOILER 2021, NEW WINDOWS 2021, NEW DRIVEWAY in back 2021, And so Much More. 2.5 Car garage. Walking distance from the beautiful Detroit's historic East English Village. This home features 3 spacious bedrooms and 3 bath=1 full 2 halfs. This home is truly a gem . The large living room and dining room feature stunning welcoming natural sunlight lots of character and original tudor interior details Lovely curb appeal.

  20. 2022-04-01
    historical
  21. 2022-01-24
    listed $135,000 Active
  22. 2022-01-24
    listed $135,000 Active
  23. 2005-12-21
    soldstatus $112,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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

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Taxation est. · year 1

Rental income
$17,075
− Mortgage interest
−$2,969
− Property taxes
−$795
− Insurance
−$265
− Repairs & maintenance
−$1,366
− Management
−$1,366
− Depreciation
−$1,542
Taxable income
$8,772
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,105
After-tax cash flow
$6,988/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

-52.7% since first listed
24 events — show timeline
  • 2026-06-18 Relisted MiRealSource-MiMLS
  • 2026-06-18 Relisted REALCOMP
  • 2026-05-15 Pending MiRealSource-MiMLS
  • 2026-05-15 Pending REALCOMP
  • 2026-05-12 Relisted MiRealSource-MiMLS
  • 2026-05-12 Relisted REALCOMP
  • 2026-05-05 Pending MiRealSource-MiMLS
  • 2026-05-05 Pending REALCOMP
  • 2026-04-23 Listed $53,000 REALCOMP
  • 2026-04-23 Listed $53,000 MiRealSource-MiMLS
  • 2022-06-06 Sold (Public Records) $133,000 Public Records
  • 2022-06-03 Sold (MLS) $133,000 MiRealSource-MiMLS
  • 2022-06-03 Sold (MLS) $133,000 REALCOMP
  • 2022-04-18 Pending MiRealSource-MiMLS
  • 2022-04-18 Pending REALCOMP
  • 2022-04-10 Contingent MiRealSource-MiMLS
  • 2022-04-10 Contingent REALCOMP
  • 2022-04-02 Listed $135,000 MiRealSource-MiMLS
  • 2022-04-02 Listed $135,000 REALCOMP
  • 2022-04-02 Listing Removed REALCOMP
  • 2022-04-01 Listing Removed MiRealSource-MiMLS
  • 2022-01-24 Listed $135,000 MiRealSource-MiMLS
  • 2022-01-24 Listed $135,000 REALCOMP
  • 2005-12-21 Sold (Public Records) $112,000 Public Records

Property tax history

+41.8%/yr

Latest (2025): $3,727 · +9.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…