36617 Herman St · Romulus, MI 48174

$160,000

3 bd · 1.0 ba · 1,174 sqft · SingleFamily public records · 108 Days on market

Built 1953 7,841 sqft lot $136/sqft · 11% below area Est $179k · 11% under

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Why this score? — see what drove the D grade

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

• Cash flow +13.2/30.0
• ARV discount +12.4/15.0
• DSCR +3.9/10.0
• 1% rule +3.2/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

GREAT OPPORTUNITY ON THIS RANCH HOME IN ROMULUS! HOME OFFERS 3 BEDROOMS, OVER 1174 SQUARE FEET. HOME SITS ON LARGE LOT IN NICE LOT AND PEACEFUL AREA. NEWER ROOF, MOST WINDOWS, BATHROOM VANITY AND TUB SURROUND, CIRCUIT BREAKERS, AND FLOORS. LARGE SHED FOR STORAGE. FIREPLACE IN THE BEDROOM OR CAN BE USED AS FAMILY ROOM (FIREPLACE NOT USED FOR LONG TIME AND NEEDS TO BE CHECKED OUT BEFORE USING IT) WITH SEPERATE ENTRY. ALL MEASUREMENTS AND DATA APPROXIMATE, PURCHASERS AGENT TO VERIFY ALL INFORMATION. IF YOU ARE LOOKING TO BUY AS AN INVESTOR, IT IS ALL SET TO JUST TAKE OVER. IF YOU ARE PLANNING ON LIVING, ITS A NICE 3 BEDROOMS HOUSE TO CALL IT A HOME. AS-IS B. A. T. V. A. D. AGENT IS PART OF SELLING PARTY. CURRENTLY TENANT OCCUPIED. PLEASE CALL THE LISTING AGENT BEFORE SCHEDULING THE SHOWING USING SHOWING TIME. WE WILL NEED PROOF OF FUNDS OR LETTER OF APPROVAL PRIOR TO THE SHOWING. PLEASE BE CONSIDERATE OF EVERYBODY'S TIME AND SERIOUS BUYERS ONLY.

Key facts

• Fireplace in bedroom
• Ranch home
• Newer roof

Tags

• RANCH HOME
• LARGE LOT
• NEWER ROOF
• LARGE SHED
• FIREPLACE IN BEDROOM

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $-4 ($-51/yr) — negative.
• To cash-flow at today's rent, offer at most $159k (0.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $131k (18.2% below list).
• Recommended offer: $131k (18.2% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 4.2% in Romulus — 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 60/100 on livability (#593 in MI) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: commute D+, schools F, crime F.
• Romulus Community Schools (suburban): math 9% / reading 21% proficiency, ranked #498 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 215 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $1k of loan paydown is wiped out by about $5k 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 108 days — a 9% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 12y ago; this cycle's ask has dropped $40k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $14k; list at $160k implies a 1085% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $130,866 (18.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 108 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
3. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. 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.
10. 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.
11. 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: 0.82% ✗
• Cap rate: 6.26%
• Cash-on-cash: -0.11%
• DSCR: 0.99
• GRM: 10.2

CMA / ARV

• ARV (median comp): $179,381
• List price: $160,000
• Delta: -10.80%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
36945 Menton St	0.25mi	3/1.0	1,104 (-6%)	4mo	$187,000	$169	75
36831 Porter St	0.66mi	3/1.0	1,143 (-3%)	6mo	$147,000	$129	60
11132 Delano St	0.55mi	3/1.0	1,300 (+11%)	4mo	$191,000	$147	54
36860 Chase St	0.33mi	3/1.0	1,040 (-11%)	22mo	$159,000	$153	47
11069 Delano St	0.51mi	3/1.0	1,020 (-13%)	23mo	$191,000	$187	36
36885 Porter St	0.68mi	3/1.0	1,008 (-14%)	22mo	$157,000	$156	27

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -16.5%
• Equity multiple: 0.41×
• Total profit: $-26,219
• Equity at exit: $23,857

10-year hold

• IRR: -8.3%
• Equity multiple: 0.48×
• Total profit: $-23,267
• Equity at exit: $13,834

Cash invested: $44,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48174

• Active inventory: 215
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $1,309 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$132 /mo · $1,588/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$275
• Net cashflow: $-4

Break-even live

Break-even rent $1,314

Max offer price $159,251

Occupancy floor 95%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

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

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7080 Niagara St Unit CC168 Romulus, MI	2.0	1.0	900	$1,250	$1.39	5d	1	0.40mi
9960 Wayne Rd Romulus, MI	1.0–2.0	1.0–1.5	800	$1,316	$1.65	1d	7	0.52mi
35301 Michelle Dr Unit 213 Romulus, MI	2.0	1.0	850	$900	$1.06	43d	1	0.73mi

Listing history 37 events

1. 2026-06-18
   days on market $160,000 Active 108 DOM
2. 2026-06-17
   days on market $160,000 Active 107 DOM
3. 2026-06-16
   days on market $160,000 Active 106 DOM
4. 2026-06-15
   price $160,000 Active 105 DOM
5. 2026-06-15
   days on market $170,000 Active 105 DOM
6. 2026-06-13
   days on market $170,000 Active 103 DOM
7. 2026-06-13
   days on market $170,000 Active 102 DOM
8. 2026-06-09
   days on market $170,000 Active 99 DOM
9. 2026-06-08
   days on market $170,000 Active 98 DOM
10. 2026-06-07
    days on market $170,000 Active 97 DOM
11. 2026-06-04
    days on market $170,000 Active 94 DOM
12. 2026-06-03
    days on market $170,000 Active 93 DOM
13. 2026-06-02
    days on market $170,000 Active 92 DOM
14. 2026-06-02
    price $170,000 Active 91 DOM
15. 2026-06-01
    days on market $180,000 Active 91 DOM
16. 2026-05-31
    days on market $180,000 Active 90 DOM
17. 2026-04-15
    price $180,000 956-char remark

    Show marketing remark (956 chars)

    GREAT OPPORTUNITY ON THIS RANCH HOME IN ROMULUS! HOME OFFERS 3 BEDROOMS, OVER 1174 SQUARE FEET. HOME SITS ON LARGE LOT IN NICE LOT AND PEACEFUL AREA. NEWER ROOF, MOST WINDOWS, BATHROOM VANITY AND TUB SURROUND, CIRCUIT BREAKERS, AND FLOORS. LARGE SHED FOR STORAGE. FIREPLACE IN THE BEDROOM OR CAN BE USED AS FAMILY ROOM (FIREPLACE NOT USED FOR LONG TIME AND NEEDS TO BE CHECKED OUT BEFORE USING IT) WITH SEPERATE ENTRY. ALL MEASUREMENTS AND DATA APPROXIMATE, PURCHASERS AGENT TO VERIFY ALL INFORMATION. IF YOU ARE LOOKING TO BUY AS AN INVESTOR, IT IS ALL SET TO JUST TAKE OVER. IF YOU ARE PLANNING ON LIVING, ITS A NICE 3 BEDROOMS HOUSE TO CALL IT A HOME. AS-IS B. A. T. V. A. D. AGENT IS PART OF SELLING PARTY. CURRENTLY TENANT OCCUPIED. PLEASE CALL THE LISTING AGENT BEFORE SCHEDULING THE SHOWING USING SHOWING TIME. WE WILL NEED PROOF OF FUNDS OR LETTER OF APPROVAL PRIOR TO THE SHOWING. PLEASE BE CONSIDERATE OF EVERYBODY'S TIME AND SERIOUS BUYERS ONLY.

18. 2026-04-15
    price $180,000 956-char remark

    Show marketing remark (956 chars)

    GREAT OPPORTUNITY ON THIS RANCH HOME IN ROMULUS! HOME OFFERS 3 BEDROOMS, OVER 1174 SQUARE FEET. HOME SITS ON LARGE LOT IN NICE LOT AND PEACEFUL AREA. NEWER ROOF, MOST WINDOWS, BATHROOM VANITY AND TUB SURROUND, CIRCUIT BREAKERS, AND FLOORS. LARGE SHED FOR STORAGE. FIREPLACE IN THE BEDROOM OR CAN BE USED AS FAMILY ROOM (FIREPLACE NOT USED FOR LONG TIME AND NEEDS TO BE CHECKED OUT BEFORE USING IT) WITH SEPERATE ENTRY. ALL MEASUREMENTS AND DATA APPROXIMATE, PURCHASERS AGENT TO VERIFY ALL INFORMATION. IF YOU ARE LOOKING TO BUY AS AN INVESTOR, IT IS ALL SET TO JUST TAKE OVER. IF YOU ARE PLANNING ON LIVING, ITS A NICE 3 BEDROOMS HOUSE TO CALL IT A HOME. AS-IS B. A. T. V. A. D. AGENT IS PART OF SELLING PARTY. CURRENTLY TENANT OCCUPIED. PLEASE CALL THE LISTING AGENT BEFORE SCHEDULING THE SHOWING USING SHOWING TIME. WE WILL NEED PROOF OF FUNDS OR LETTER OF APPROVAL PRIOR TO THE SHOWING. PLEASE BE CONSIDERATE OF EVERYBODY'S TIME AND SERIOUS BUYERS ONLY.

19. 2026-04-03
    price $190,000 956-char remark

    Show marketing remark (956 chars)

    GREAT OPPORTUNITY ON THIS RANCH HOME IN ROMULUS! HOME OFFERS 3 BEDROOMS, OVER 1174 SQUARE FEET. HOME SITS ON LARGE LOT IN NICE LOT AND PEACEFUL AREA. NEWER ROOF, MOST WINDOWS, BATHROOM VANITY AND TUB SURROUND, CIRCUIT BREAKERS, AND FLOORS. LARGE SHED FOR STORAGE. FIREPLACE IN THE BEDROOM OR CAN BE USED AS FAMILY ROOM (FIREPLACE NOT USED FOR LONG TIME AND NEEDS TO BE CHECKED OUT BEFORE USING IT) WITH SEPERATE ENTRY. ALL MEASUREMENTS AND DATA APPROXIMATE, PURCHASERS AGENT TO VERIFY ALL INFORMATION. IF YOU ARE LOOKING TO BUY AS AN INVESTOR, IT IS ALL SET TO JUST TAKE OVER. IF YOU ARE PLANNING ON LIVING, ITS A NICE 3 BEDROOMS HOUSE TO CALL IT A HOME. AS-IS B. A. T. V. A. D. AGENT IS PART OF SELLING PARTY. CURRENTLY TENANT OCCUPIED. PLEASE CALL THE LISTING AGENT BEFORE SCHEDULING THE SHOWING USING SHOWING TIME. WE WILL NEED PROOF OF FUNDS OR LETTER OF APPROVAL PRIOR TO THE SHOWING. PLEASE BE CONSIDERATE OF EVERYBODY'S TIME AND SERIOUS BUYERS ONLY.

20. 2026-04-02
    price $190,000 956-char remark

    Show marketing remark (956 chars)

    GREAT OPPORTUNITY ON THIS RANCH HOME IN ROMULUS! HOME OFFERS 3 BEDROOMS, OVER 1174 SQUARE FEET. HOME SITS ON LARGE LOT IN NICE LOT AND PEACEFUL AREA. NEWER ROOF, MOST WINDOWS, BATHROOM VANITY AND TUB SURROUND, CIRCUIT BREAKERS, AND FLOORS. LARGE SHED FOR STORAGE. FIREPLACE IN THE BEDROOM OR CAN BE USED AS FAMILY ROOM (FIREPLACE NOT USED FOR LONG TIME AND NEEDS TO BE CHECKED OUT BEFORE USING IT) WITH SEPERATE ENTRY. ALL MEASUREMENTS AND DATA APPROXIMATE, PURCHASERS AGENT TO VERIFY ALL INFORMATION. IF YOU ARE LOOKING TO BUY AS AN INVESTOR, IT IS ALL SET TO JUST TAKE OVER. IF YOU ARE PLANNING ON LIVING, ITS A NICE 3 BEDROOMS HOUSE TO CALL IT A HOME. AS-IS B. A. T. V. A. D. AGENT IS PART OF SELLING PARTY. CURRENTLY TENANT OCCUPIED. PLEASE CALL THE LISTING AGENT BEFORE SCHEDULING THE SHOWING USING SHOWING TIME. WE WILL NEED PROOF OF FUNDS OR LETTER OF APPROVAL PRIOR TO THE SHOWING. PLEASE BE CONSIDERATE OF EVERYBODY'S TIME AND SERIOUS BUYERS ONLY.

21. 2026-03-02
    listed $200,000 Active 956-char remark

    Show marketing remark (956 chars)

    GREAT OPPORTUNITY ON THIS RANCH HOME IN ROMULUS! HOME OFFERS 3 BEDROOMS, OVER 1174 SQUARE FEET. HOME SITS ON LARGE LOT IN NICE LOT AND PEACEFUL AREA. NEWER ROOF, MOST WINDOWS, BATHROOM VANITY AND TUB SURROUND, CIRCUIT BREAKERS, AND FLOORS. LARGE SHED FOR STORAGE. FIREPLACE IN THE BEDROOM OR CAN BE USED AS FAMILY ROOM (FIREPLACE NOT USED FOR LONG TIME AND NEEDS TO BE CHECKED OUT BEFORE USING IT) WITH SEPERATE ENTRY. ALL MEASUREMENTS AND DATA APPROXIMATE, PURCHASERS AGENT TO VERIFY ALL INFORMATION. IF YOU ARE LOOKING TO BUY AS AN INVESTOR, IT IS ALL SET TO JUST TAKE OVER. IF YOU ARE PLANNING ON LIVING, ITS A NICE 3 BEDROOMS HOUSE TO CALL IT A HOME. AS-IS B. A. T. V. A. D. AGENT IS PART OF SELLING PARTY. CURRENTLY TENANT OCCUPIED. PLEASE CALL THE LISTING AGENT BEFORE SCHEDULING THE SHOWING USING SHOWING TIME. WE WILL NEED PROOF OF FUNDS OR LETTER OF APPROVAL PRIOR TO THE SHOWING. PLEASE BE CONSIDERATE OF EVERYBODY'S TIME AND SERIOUS BUYERS ONLY.

22. 2026-03-02
    listed $200,000 Active 956-char remark

    Show marketing remark (956 chars)

    GREAT OPPORTUNITY ON THIS RANCH HOME IN ROMULUS! HOME OFFERS 3 BEDROOMS, OVER 1174 SQUARE FEET. HOME SITS ON LARGE LOT IN NICE LOT AND PEACEFUL AREA. NEWER ROOF, MOST WINDOWS, BATHROOM VANITY AND TUB SURROUND, CIRCUIT BREAKERS, AND FLOORS. LARGE SHED FOR STORAGE. FIREPLACE IN THE BEDROOM OR CAN BE USED AS FAMILY ROOM (FIREPLACE NOT USED FOR LONG TIME AND NEEDS TO BE CHECKED OUT BEFORE USING IT) WITH SEPERATE ENTRY. ALL MEASUREMENTS AND DATA APPROXIMATE, PURCHASERS AGENT TO VERIFY ALL INFORMATION. IF YOU ARE LOOKING TO BUY AS AN INVESTOR, IT IS ALL SET TO JUST TAKE OVER. IF YOU ARE PLANNING ON LIVING, ITS A NICE 3 BEDROOMS HOUSE TO CALL IT A HOME. AS-IS B. A. T. V. A. D. AGENT IS PART OF SELLING PARTY. CURRENTLY TENANT OCCUPIED. PLEASE CALL THE LISTING AGENT BEFORE SCHEDULING THE SHOWING USING SHOWING TIME. WE WILL NEED PROOF OF FUNDS OR LETTER OF APPROVAL PRIOR TO THE SHOWING. PLEASE BE CONSIDERATE OF EVERYBODY'S TIME AND SERIOUS BUYERS ONLY.

23. 2023-09-30
    historical
24. 2023-09-30
    historical
25. 2022-05-20
    price $100,000
26. 2022-04-19
    price $105,000
27. 2022-02-28
    listed $100,000 Active
28. 2022-02-28
    listed $110,000 Active
29. 2014-12-30
    soldstatus $13,500 Sold
30. 2014-12-30
    soldstatus $13,500
31. 2014-12-06
    historical
32. 2014-12-05
    historical
33. 2014-12-01
    price $22,900
34. 2014-11-11
    price $24,900
35. 2014-09-20
    listed $29,900 Active
36. 2014-09-20
    listed $22,900
37. 1994-09-14
    soldstatus $38,500

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

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $1,588 · $132/mo
• Projected year-2 tax: $2,026 · $169/mo
• Expected delta: +$438/yr (+$36/mo · 27.6%)

ⓘ 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,704
• − Mortgage interest: −$8,962
• − Property taxes: −$1,588
• − Insurance: −$800
• − Repairs & maintenance: −$1,256
• − Management: −$1,256
• − Depreciation: −$4,655
• Taxable loss: −$2,814
• Est. tax savings @ 24.0%: +$675
• After-tax cash flow: $624/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: Romulus Community Schools
• NCES district ID: 2630120
• Math proficiency: 9% ▼ -14.00%
• Reading proficiency: 21% ▼ -9.00%
• Median HH income: $44,165
• Composite: 13.17/100
• National rank: #9556
• State rank: #498 of 540 in MI

Livability — Romulus

• Score: 60/100
• State rank: #593
• US rank: #19387

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Romulus, MI
• County: Wayne County · 1,562,939 people
• City population: 32,211
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 32,211
• Household income: $67,056
• Rent vs Own: 25.8% rent · 74.2% own
• Severe rent burden: 755.0

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: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 52% Black 37% Two or more races 8% Hispanic / Latino 2% Asian 1%
• Common ancestry: Romanian 6% Lithuanian 3% Italian 2%
• Foreign-born: 4% · Canada, Vietnam
• Languages at home: 94% English-only · Spanish 2% Other Indo-European 1% Other Asian/Pacific 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: ▼ -171.93%
• Current HPI: 207.8345
• Rent YoY: —
• 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

+367.5% since first listed

21 events — show timeline

• 2026-04-15 Price Changed $180,000 MiRealSource-MiMLS
• 2026-04-15 Price Changed $180,000 REALCOMP
• 2026-04-03 Price Changed $190,000 MiRealSource-MiMLS
• 2026-04-02 Price Changed $190,000 REALCOMP
• 2026-03-02 Listed $200,000 REALCOMP
• 2026-03-02 Listed $200,000 MiRealSource-MiMLS
• 2023-09-30 Listing Removed — MiRealSource-MiMLS
• 2023-09-30 Listing Removed — REALCOMP
• 2022-05-20 Price Changed $100,000 MiRealSource-MiMLS
• 2022-04-19 Price Changed $105,000 MiRealSource-MiMLS
• 2022-02-28 Listed $110,000 MiRealSource-MiMLS
• 2022-02-28 Listed $100,000 REALCOMP
• 2014-12-30 Sold (MLS) $13,500 MiRealSource-MiMLS
• 2014-12-30 Sold (MLS) $13,500 REALCOMP
• 2014-12-06 Listing Removed — REALCOMP
• 2014-12-05 Listing Removed — MiRealSource-MiMLS
• 2014-12-01 Price Changed $22,900 REALCOMP
• 2014-11-11 Price Changed $24,900 REALCOMP
• 2014-09-20 Listed $22,900 MiRealSource-MiMLS
• 2014-09-20 Listed $29,900 REALCOMP
• 1994-09-14 Sold (Public Records) $38,500 Public Records

Property tax history

-0.4%/yr

Latest (2025): $1,588 · +482.2% YoY. Source: county tax records.