7917 N Canton Center Rd · Plymouth, MI 48187

$324,900

4 bd · 1.0 ba · 1,732 sqft · SingleFamily public records · 34 Days on market

Built 1890 0.74 ac lot $188/sqft · 22% below area Est $417k · 22% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.2/30.0
• ARV discount +15.0/15.0
• Schools +5.6/10.0
• DSCR +4.7/10.0
• Livability +4.2/5.0
• 1% rule +3.4/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this spacious 4-bedroom property offering the perfect blend of country-style living with the convenience of city amenities. Situated on a 3/4 acre lot this home provides a peaceful, private setting while still being just minutes from everything. Inside, you'll find a warm and functional layout with ample living space for everyday comfort. A standout feature is the large bonus room above the garage (approximately 13x25), perfect for a home office, recreation room, or additional living area. Step outside and enjoy the expansive yard with a poured cement slab (12x18) already in place--ideal for a future shed or additional storage. The property is connected to city water and sewer, while also offering the added benefit of a well on site for outdoor use. Located in a highly desirable area, this home is just minutes from Plymouth-Canton high schools, making it a fantastic location for convenience and accessibility.

Key facts

• 0.74 acre lot
• 2 garage spots
• Built 1890

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $325k.

Deal economics

• At list price, monthly cash flow is $113 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $271k (16.5% below list).
• Recommended offer: $271k (16.5% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 3.1% in Plymouth — 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 85/100 on livability (#25 in MI, #516 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, employment A+; Watch: commute F.
• Plymouth-Canton Community Schools (suburban): math 58% / reading 66% proficiency, ranked #27 of 540 in MI (top 5%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 14% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising (+1.6%/yr); 180 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k 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.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($315k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 17y 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 $45k; list at $325k implies a 622% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1890 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $271,376 (16.5% below list)

Questions for the listing agent

1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
2. Built in 1890 — 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 A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 0.84% ✗
• Cap rate: 6.71%
• Cash-on-cash: 1.48%
• DSCR: 1.07
• GRM: 10.0

CMA / ARV

• ARV (median comp): $416,724
• List price: $324,900
• Delta: -22.03%
• 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
7917 N Canton Center Rd	0.00mi	4/1.0	1,732 (0%)	1mo	$315,000	$182	99
45230 Twining Ct	0.12mi	3/2.5 (-1)	1,693 (-2%)	12mo	$390,000	$230	69
8233 Sandpiper St	0.25mi	3/2.0 (-1)	1,714 (-1%)	10mo	$430,000	$251	69
8255 Sandpiper St	0.26mi	3/1.5 (-1)	1,898 (+10%)	12mo	$397,000	$209	55
7925 N Sheldon Rd	0.50mi	4/2.0	1,571 (-9%)	3mo	$440,000	$280	55
8409 Sandpiper St	0.33mi	3/1.5 (-1)	1,887 (+9%)	11mo	$405,000	$215	54
44298 Arlington Rd	0.55mi	3/2.5 (-1)	1,702 (-2%)	11mo	$360,000	$212	51
44999 N Spring Dr	0.57mi	3/2.5 (-1)	1,802 (+4%)	7mo	$380,000	$211	50
7339 Parkway Ct	0.44mi	3/1.5 (-1)	1,523 (-12%)	6mo	$375,000	$246	47
44854 Forest Trail Dr	0.55mi	3/1.5 (-1)	1,897 (+10%)	7mo	$373,700	$197	46
45184 Indian Creek Dr	0.69mi	3/2.5 (-1)	1,788 (+3%)	10mo	$365,000	$204	43
44211 Brandywyne Rd	0.64mi	3/1.5 (-1)	1,929 (+11%)	9mo	$351,000	$182	37

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 · 1.58% rent growth · sell at horizon

5-year hold

• IRR: -15.4%
• Equity multiple: 0.46×
• Total profit: $-49,392
• Equity at exit: $48,444

10-year hold

• IRR: -9.4%
• Equity multiple: 0.46×
• Total profit: $-49,392
• Equity at exit: $28,091

Cash invested: $90,972 (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 48187

• Rents YoY: 1.6%
• Active inventory: 180
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,714 medium
• Mortgage (P&I): −$1,704
• Tax from tax record: −$192 /mo · $2,305/yr
• Insurance: −$135
• HOA: −$0
• Vacancy / Maint / Mgmt: −$570
• Net cashflow: $113

Break-even live

Break-even rent $2,571

Max offer price $324,900

Occupancy floor 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: $81,225
• Closing costs: $9,747
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7356 Hedgerow Ct Canton, MI	4.0	2.0	1973	$2,700	$1.37	24d	1	0.38mi
7356 Hedgerow Ct Canton, MI	4.0	2.0	1973	$2,600	$1.32	16d	1	0.38mi
9187 N Sheldon Rd Plymouth, MI	4.0	2.0	1800	$2,900	$1.61	4d	1	0.94mi

Listing history 21 events

1. 2026-06-13
   listing id $324,900 Pending 34 DOM
2. 2026-05-08
   status Pending 939-char remark

   Show marketing remark (938 chars)

   Welcome home to this spacious 4-bedroom property offering the perfect blend of country-style living with the convenience of city amenities. Situated on a 3/4 acre lot this home provides a peaceful, private setting while still being just minutes from everything. Inside, you'll find a warm and functional layout with ample living space for everyday comfort. A standout feature is the large bonus room above the garage (approximately 13x25), perfect for a home office, recreation room, or additional living area. Step outside and enjoy the expansive yard with a poured cement slab (12x18) already in place--ideal for a future shed or additional storage. The property is connected to city water and sewer, while also offering the added benefit of a well on site for outdoor use. Located in a highly desirable area, this home is just minutes from Plymouth-Canton high schools, making it a fantastic location for convenience and accessibility.

3. 2026-05-08
   status Pending 938-char remark

   Show marketing remark (938 chars)

   Welcome home to this spacious 4-bedroom property offering the perfect blend of country-style living with the convenience of city amenities. Situated on a 3/4 acre lot this home provides a peaceful, private setting while still being just minutes from everything. Inside, you'll find a warm and functional layout with ample living space for everyday comfort. A standout feature is the large bonus room above the garage (approximately 13x25), perfect for a home office, recreation room, or additional living area. Step outside and enjoy the expansive yard with a poured cement slab (12x18) already in place--ideal for a future shed or additional storage. The property is connected to city water and sewer, while also offering the added benefit of a well on site for outdoor use. Located in a highly desirable area, this home is just minutes from Plymouth-Canton high schools, making it a fantastic location for convenience and accessibility.

4. 2026-05-08
   status Pending

   Show marketing remark (938 chars)

   Welcome home to this spacious 4-bedroom property offering the perfect blend of country-style living with the convenience of city amenities. Situated on a 3/4 acre lot this home provides a peaceful, private setting while still being just minutes from everything. Inside, you'll find a warm and functional layout with ample living space for everyday comfort. A standout feature is the large bonus room above the garage (approximately 13x25), perfect for a home office, recreation room, or additional living area. Step outside and enjoy the expansive yard with a poured cement slab (12x18) already in place--ideal for a future shed or additional storage. The property is connected to city water and sewer, while also offering the added benefit of a well on site for outdoor use. Located in a highly desirable area, this home is just minutes from Plymouth-Canton high schools, making it a fantastic location for convenience and accessibility.

5. 2026-04-03
   listed $324,900 Active 939-char remark

   Show marketing remark (938 chars)

   Welcome home to this spacious 4-bedroom property offering the perfect blend of country-style living with the convenience of city amenities. Situated on a 3/4 acre lot this home provides a peaceful, private setting while still being just minutes from everything. Inside, you'll find a warm and functional layout with ample living space for everyday comfort. A standout feature is the large bonus room above the garage (approximately 13x25), perfect for a home office, recreation room, or additional living area. Step outside and enjoy the expansive yard with a poured cement slab (12x18) already in place--ideal for a future shed or additional storage. The property is connected to city water and sewer, while also offering the added benefit of a well on site for outdoor use. Located in a highly desirable area, this home is just minutes from Plymouth-Canton high schools, making it a fantastic location for convenience and accessibility.

6. 2026-04-03
   listed $324,900 Active

   Show marketing remark (938 chars)

   Welcome home to this spacious 4-bedroom property offering the perfect blend of country-style living with the convenience of city amenities. Situated on a 3/4 acre lot this home provides a peaceful, private setting while still being just minutes from everything. Inside, you'll find a warm and functional layout with ample living space for everyday comfort. A standout feature is the large bonus room above the garage (approximately 13x25), perfect for a home office, recreation room, or additional living area. Step outside and enjoy the expansive yard with a poured cement slab (12x18) already in place--ideal for a future shed or additional storage. The property is connected to city water and sewer, while also offering the added benefit of a well on site for outdoor use. Located in a highly desirable area, this home is just minutes from Plymouth-Canton high schools, making it a fantastic location for convenience and accessibility.

7. 2026-04-03
   listed $324,900 Active 938-char remark

   Show marketing remark (938 chars)

   Welcome home to this spacious 4-bedroom property offering the perfect blend of country-style living with the convenience of city amenities. Situated on a 3/4 acre lot this home provides a peaceful, private setting while still being just minutes from everything. Inside, you'll find a warm and functional layout with ample living space for everyday comfort. A standout feature is the large bonus room above the garage (approximately 13x25), perfect for a home office, recreation room, or additional living area. Step outside and enjoy the expansive yard with a poured cement slab (12x18) already in place--ideal for a future shed or additional storage. The property is connected to city water and sewer, while also offering the added benefit of a well on site for outdoor use. Located in a highly desirable area, this home is just minutes from Plymouth-Canton high schools, making it a fantastic location for convenience and accessibility.

8. 2026-04-02
   historical $324,900 938-char remark

   Show marketing remark (938 chars)

   Welcome home to this spacious 4-bedroom property offering the perfect blend of country-style living with the convenience of city amenities. Situated on a 3/4 acre lot this home provides a peaceful, private setting while still being just minutes from everything. Inside, you'll find a warm and functional layout with ample living space for everyday comfort. A standout feature is the large bonus room above the garage (approximately 13x25), perfect for a home office, recreation room, or additional living area. Step outside and enjoy the expansive yard with a poured cement slab (12x18) already in place--ideal for a future shed or additional storage. The property is connected to city water and sewer, while also offering the added benefit of a well on site for outdoor use. Located in a highly desirable area, this home is just minutes from Plymouth-Canton high schools, making it a fantastic location for convenience and accessibility.

9. 2026-04-02
   historical $324,900

   Show marketing remark (938 chars)

   Welcome home to this spacious 4-bedroom property offering the perfect blend of country-style living with the convenience of city amenities. Situated on a 3/4 acre lot this home provides a peaceful, private setting while still being just minutes from everything. Inside, you'll find a warm and functional layout with ample living space for everyday comfort. A standout feature is the large bonus room above the garage (approximately 13x25), perfect for a home office, recreation room, or additional living area. Step outside and enjoy the expansive yard with a poured cement slab (12x18) already in place--ideal for a future shed or additional storage. The property is connected to city water and sewer, while also offering the added benefit of a well on site for outdoor use. Located in a highly desirable area, this home is just minutes from Plymouth-Canton high schools, making it a fantastic location for convenience and accessibility.

10. 2010-03-30
    soldstatus $45,000
11. 2010-03-30
    soldstatus $45,000
12. 2010-03-30
    soldstatus $45,000
13. 2010-03-09
    historical
14. 2010-03-09
    historical
15. 2010-01-12
    listed $59,900
16. 2010-01-12
    listed $59,900
17. 2010-01-12
    listed $59,900
18. 2010-01-04
    historical
19. 2010-01-04
    historical
20. 2009-10-29
    listed $68,000
21. 2009-10-29
    listed

ⓘ 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: $2,305 · $192/mo
• Projected year-2 tax: $3,654 · $305/mo
• Expected delta: +$1,349/yr (+$112/mo · 58.5%)

ⓘ 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 · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,565
• − Mortgage interest: −$18,199
• − Property taxes: −$2,305
• − Insurance: −$1,624
• − Repairs & maintenance: −$2,605
• − Management: −$2,605
• − Depreciation: −$9,452
• Taxable loss: −$4,226
• Est. tax savings @ 24.0%: +$1,014
• After-tax cash flow: $2,365/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: Plymouth-Canton Community Schools
• NCES district ID: 2628560
• Math proficiency: 58% ▼ -5.00%
• Reading proficiency: 66% ▼ -1.00%
• Median HH income: $82,996
• Composite: 55.86/100
• National rank: #1204
• State rank: #27 of 540 in MI

Livability — Plymouth

• Score: 85/100
• State rank: #25
• US rank: #516

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Wayne County · 1,562,939 people
• City population: 40,076
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 53,376
• Household income: $120,321
• Rent vs Own: 28.6% rent · 71.4% own
• Severe rent burden: 1006.0

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: Majority White (65%)
• Race & ethnicity: White 65% Asian 17% Black 9% Two or more races 7% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Romanian 11% Italian 3% Slovak 2%
• Foreign-born: 18% · Canada, China, Vietnam
• Languages at home: 79% English-only · Other Indo-European 9% Other Asian/Pacific 3% Arabic 3%

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: ▼ -299.97%
• Current HPI: 198.75
• Rent YoY: ▲ 1.58%
• 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
▸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

+377.8% since first listed

20 events — show timeline

• 2026-05-08 Pending — REALCOMP
• 2026-05-08 Pending — MiRealSource-MiMLS
• 2026-05-08 Pending — SW Michigan MLS
• 2026-04-03 Listed $324,900 REALCOMP
• 2026-04-03 Listed $324,900 SW Michigan MLS
• 2026-04-03 Listed $324,900 MiRealSource-MiMLS
• 2026-04-02 Coming Soon $324,900 MiRealSource-MiMLS
• 2026-04-02 Coming Soon $324,900 SW Michigan MLS
• 2010-03-30 Sold (MLS) $45,000 SW Michigan MLS
• 2010-03-30 Sold (MLS) $45,000 AAMLS
• 2010-03-30 Sold (MLS) $45,000 MiRealSource-MiMLS
• 2010-03-09 Delisted — AAMLS
• 2010-03-09 Listing Removed — MiRealSource-MiMLS
• 2010-01-12 Listed $59,900 SW Michigan MLS
• 2010-01-12 Listed $59,900 AAMLS
• 2010-01-12 Listed $59,900 MiRealSource-MiMLS
• 2010-01-04 Delisted — AAMLS
• 2010-01-04 Listing Removed — MiRealSource-MiMLS
• 2009-10-29 Listed — AAMLS
• 2009-10-29 Listed $68,000 MiRealSource-MiMLS

Property tax history

-1.8%/yr

Latest (2025): $2,305 · -39.4% YoY. Source: county tax records.