2711 Burlingame St · Detroit, MI 48206

$127,000

3 bd · 1.5 ba · 1,758 sqft · SingleFamily public records · 4 Days on market

Built 1921 4,356 sqft lot Est $128k · at est.

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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 +28.6/30.0
• DSCR +10.0/10.0
• ARV discount +8.0/15.0
• 1% rule +7.6/10.0
• Rent growth +3.8/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover this beautifully updated 3-bedroom, 1-bath home in the desirable 48206 zip code, nestled in a friendly, family-oriented neighborhood. Ideal for first-time homebuyers or savvy investors, this move-in-ready property boasts modern upgrades, including newer windows for energy efficiency and a stylishly renovated kitchen with contemporary finishes. The spacious layout offers plenty of room for comfortable living or rental potential, making it a fantastic opportunity for generating strong rental income. Located just minutes from schools, parks, and local amenities, this home combines convenience with charm in a vibrant Detroit community. Don't miss out on this affordable, high-potential property - schedule a showing today!

Key facts

• Updated kitchen
• Minutes from parks
• Solid brick exterior

Tags

• UPDATED KITCHEN
• ENERGY EFFICIENT WINDOWS
• SOLID BRICK EXTERIOR
• FULL UNFINISHED BASEMENT
• MINUTES FROM SCHOOLS
• MINUTES FROM PARKS

Property features AI

Exterior

• Parking: No garage
• Utilities: Sewer available; Water available
• Home design: Single-family residence; Two stories; Ground-level entry with steps
• Construction: Brick construction; Brick/mortar foundation; Built area above grade approximately 1,758 (square feet)
• Exterior features: Paved road access; Lot dimensions approximately 35 x 126 feet

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Hot water heating; Natural gas heating; No cooling
• Interior features: Unfinished basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $127k.

Deal economics

• At list price, monthly cash flow is $417 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $127k).

Location & tenants

• Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
• Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.2%/yr); 271 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• This rent runs 43% 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 $878 of loan paydown is wiped out by about $4k 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 + 5.2% rent growth), your $36k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 16 sale attempts since 28y 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 1921 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $127,000

Questions for the listing agent

1. Built in 1921 — 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: 1.26% ✓
• Cap rate: 10.23%
• Cash-on-cash: 14.07%
• DSCR: 1.63
• GRM: 6.6

CMA / ARV

• ARV (on-the-fly): $128,334
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2704 Burlingame St	0.03mi	3/1.5	1,618 (-8%)	6mo	$119,000	$74	80
2660 Webb St	0.10mi	4/1.5 (+1)	1,956 (+11%)	2mo	$61,000	$31	70
2910 Lawrence St	0.08mi	3/1.0	1,986 (+13%)	6mo	$111,500	$56	68
3275 Collingwood St	0.31mi	4/1.5 (+1)	1,600 (-9%)	2mo	$64,000	$40	64
2405 Sturtevant St	0.54mi	3/1.5	1,636 (-7%)	3mo	$45,000	$28	61
2437 Longfellow St	0.55mi	4/1.5 (+1)	1,841 (+5%)	2mo	$135,000	$73	60
9390 Quincy St	0.75mi	3/2.0	1,686 (-4%)	0mo	$145,000	$86	56
2064 Glynn Ct	0.51mi	4/1.5 (+1)	1,624 (-8%)	4mo	$118,556	$73	55
3765 Cortland St	0.59mi	3/1.5	1,587 (-10%)	2mo	$120,000	$76	55
3010 Fullerton St	0.56mi	4/2.0 (+1)	1,993 (+13%)	2mo	$123,000	$62	43
4255 Webb St	0.71mi	3/1.5	1,569 (-11%)	7mo	$155,000	$99	43
2930 Taylor St	0.74mi	3/1.5	1,554 (-12%)	5mo	$46,000	$30	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 · 5.2% rent growth · sell at horizon

5-year hold

• IRR: 6.8%
• Equity multiple: 1.27×
• Total profit: $9,610
• Equity at exit: $18,936

10-year hold

• IRR: 17.9%
• Equity multiple: 2.64×
• Total profit: $58,149
• Equity at exit: $10,981

Cash invested: $35,560 (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 48206

• Rents YoY: 5.2%
• Active inventory: 271
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,602 high
• Mortgage (P&I): −$666
• Tax from tax record: −$130 /mo · $1,558/yr
• Insurance: −$53
• HOA: −$0
• Vacancy / Maint / Mgmt: −$336
• Net cashflow: $417

Break-even live

Break-even rent $1,074

Max offer price $127,000

Occupancy floor 69%

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: $31,750
• Closing costs: $3,810
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2634 Lawrence St Detroit, MI	3.0	1.5	1388	$1,600	$1.15	2d	1	0.07mi
2655 Collingwood St Detroit, MI	4.0	1.5	1881	$2,700	$1.44	2d	1	0.12mi
2727 Calvert Ave Unit 1 Detroit, MI	3.0	1.5	1350	$1,200	$0.89	44d	1	0.18mi
2653 Calvert Ave Unit 1 Detroit, MI	3.0	1.0	1305	$1,200	$0.92	44d	1	0.18mi
3031 Lawrence St Detroit, MI	4.0	1.0	1700	$1,600	$0.94	17d	1	0.19mi
2925 Calvert St Detroit, MI	3.0	1.0	1400	$1,300	$0.93	17d	1	0.19mi
3266 Calvert Ave Fl 2 Detroit, MI	3.0	1.0	1279	$1,300	$1.02	24d	1	0.32mi
3322 Webb St Unit 1 Detroit, MI	3.0	1.0	1656	$1,350	$0.82	44d	1	0.35mi
3322 Webb St Unit 2 Detroit, MI	3.0	1.0	1656	$1,350	$0.82	44d	1	0.35mi
3322 Webb St Detroit, MI	3.0	1.0	1600	$1,250	$0.78	17d	1	0.35mi
2986 Richton St Detroit, MI	3.0	1.0	2600	$1,200	$0.46	17d	1	0.39mi
2045 Calvert St Detroit, MI	2.0	2.0	1400	$1,600	$1.14	44d	1	0.50mi
3422 Edison St Detroit, MI	3.0	1.0	1300	$1,295	$1.00	17d	1	0.57mi
2474 Fullerton St Detroit, MI	3.0	1.0	1400	$1,300	$0.93	15d	1	0.60mi
1929 Calvert Ave Unit 2 Detroit, MI	3.0	1.0	1414	$1,199	$0.85	15d	1	0.60mi
2463 Taylor St Detroit, MI	3.0	1.0	1350	$1,100	$0.81	44d	1	0.76mi
8951 La Salle Blvd Detroit, MI	4.0	2.5	2440	$2,500	$1.02	2d	1	0.77mi
8951 La Salle Blvd Unit NA Detroit, MI	4.0	2.5	2440	$2,500	$1.02	10d	1	0.77mi
2254 Taylor St Unit Taylor St unit Detroit, MI	3.0	1.0	1307	$1,550	$1.19	4d	1	0.79mi
2302 Hazelwood St Unit 1 Detroit, MI	3.0	1.0	1550	$1,273	$0.82	24d	1	0.83mi
3220 Gladstone St Detroit, MI	3.0	1.0	1248	$1,200	$0.96	44d	1	0.86mi
3747 Tyler St Detroit, MI	3.0	1.0	2600	$1,700	$0.65	24d	1	0.90mi
3740 Tyler St Unit 1 Detroit, MI	3.0	1.0	1300	$1,300	$1.00	5d	1	0.91mi
2080 Gladstone St #1 Detroit, MI	4.0	2.0	2426	$3,000	$1.24	2d	1	0.94mi
4046 Tyler St Detroit, MI	2.0	1.0	2378	$1,050	$0.44	13d	1	1.00mi
12546 Broadstreet Ave Detroit, MI	3.0	1.5	1899	$1,250	$0.66	44d	1	1.00mi
3786 Carter St Unit 2 Detroit, MI	3.0	1.0	1400	$1,100	$0.79	24d	1	1.01mi
3209 W Grand St Detroit, MI	3.0	1.0	1550	$1,103	$0.71	44d	1	1.02mi
4341 Glendale St Detroit, MI	4.0	2.5	1832	$1,680	$0.92	5d	1	1.03mi
4336 Buena Vista St Detroit, MI	3.0	1.0	1300	$1,100	$0.85	44d	1	1.09mi
2506 W Euclid St Detroit, MI	3.0	1.0	1475	$1,675	$1.14	44d	1	1.10mi
2504 W Euclid St Unit 2506 Detroit, MI	3.0	1.0	1475	$1,675	$1.14	44d	1	1.10mi
2504 W Euclid St Unit 2504 Detroit, MI	3.0	1.0	1475	$1,650	$1.12	44d	1	1.11mi
3259 W Philadelphia St Detroit, MI	3.0	1.0	1293	$1,400	$1.08	17d	1	1.11mi
4287 W Grand St Unit 4289 Detroit, MI	3.0	1.0	1250	$1,000	$0.80	44d	1	1.24mi
12123 Santa Rosa Dr Detroit, MI	2.0	1.0	1680	$1,000	$0.60	24d	1	1.33mi
2047 Seward St Detroit, MI	3.0	1.0	1421	$1,523	$1.07	5d	1	1.33mi
4345 W Euclid St Unit 2 Detroit, MI	3.0	1.0	1300	$1,450	$1.12	24d	1	1.33mi
4345 W Euclid St Unit 1 Detroit, MI	3.0	1.0	1300	$1,400	$1.08	24d	1	1.33mi
1710 Virginia Park St Detroit, MI	2.0	2.0	1350	$1,300	$0.96	5d	1	1.33mi

Listing history 50 events

1. 2026-06-18
   days on market $127,000 Active 4 DOM
2. 2026-06-17
   days on market $127,000 Active 3 DOM
3. 2026-06-16
   days on market $127,000 Active 2 DOM
4. 2026-06-15
   listing id $127,000 Active 1 DOM
5. 2026-06-15
   remarks 699-char remark
6. 2026-06-15
   days on marketlisting id $127,000 Active 1 DOM
7. 2026-06-13
   days on market $127,000 Active 21 DOM
8. 2026-06-13
   days on market $127,000 Active 20 DOM
9. 2026-06-09
   days on market $127,000 Active 17 DOM
10. 2026-06-08
    days on market $127,000 Active 16 DOM
11. 2026-06-07
    days on market $127,000 Active 15 DOM
12. 2026-06-04
    days on market $127,000 Active 12 DOM
13. 2026-06-03
    days on market $127,000 Active 11 DOM
14. 2026-06-02
    days on market $127,000 Active 10 DOM
15. 2026-06-01
    days on market $127,000 Active 9 DOM
16. 2026-05-31
    days on market $127,000 Active 8 DOM
17. 2026-05-23
    listed $127,000 Active

    Show marketing remark (735 chars)

    Discover this beautifully updated 3-bedroom, 1-bath home in the desirable 48206 zip code, nestled in a friendly, family-oriented neighborhood. Ideal for first-time homebuyers or savvy investors, this move-in-ready property boasts modern upgrades, including newer windows for energy efficiency and a stylishly renovated kitchen with contemporary finishes. The spacious layout offers plenty of room for comfortable living or rental potential, making it a fantastic opportunity for generating strong rental income. Located just minutes from schools, parks, and local amenities, this home combines convenience with charm in a vibrant Detroit community. Don't miss out on this affordable, high-potential property - schedule a showing today!

18. 2026-05-23
    listed $127,000 Active 735-char remark

    Show marketing remark (735 chars)

    Discover this beautifully updated 3-bedroom, 1-bath home in the desirable 48206 zip code, nestled in a friendly, family-oriented neighborhood. Ideal for first-time homebuyers or savvy investors, this move-in-ready property boasts modern upgrades, including newer windows for energy efficiency and a stylishly renovated kitchen with contemporary finishes. The spacious layout offers plenty of room for comfortable living or rental potential, making it a fantastic opportunity for generating strong rental income. Located just minutes from schools, parks, and local amenities, this home combines convenience with charm in a vibrant Detroit community. Don't miss out on this affordable, high-potential property - schedule a showing today!

19. 2026-03-29
    historical
20. 2026-03-29
    historical
21. 2026-01-14
    price $127,000
22. 2026-01-13
    price $127,000
23. 2025-11-05
    price $128,000
24. 2025-11-04
    price $128,000
25. 2025-05-13
    listed $132,500 Active
26. 2025-05-13
    listed $132,500 Active
27. 2021-11-16
    soldstatus $115,000
28. 2019-05-28
    historical
29. 2018-08-13
    status Pending
30. 2018-08-13
    status Pending
31. 2018-08-13
    historical
32. 2018-06-22
    status Active
33. 2018-06-19
    historical
34. 2018-05-22
    listed $15,900 Active
35. 2018-05-22
    listed $15,900 Active
36. 2018-05-09
    historical
37. 2018-05-09
    historical
38. 2018-04-20
    listed $15,900 Active
39. 2018-04-20
    listed $15,900 Active
40. 2017-12-01
    historical
41. 2017-12-01
    historical
42. 2017-09-12
    listed $15,900 Active
43. 2017-09-12
    listed $15,900 Active
44. 2004-09-21
    historical
45. 2004-05-21
    listed $68,900
46. 2004-04-15
    historical
47. 2003-09-11
    listed $64,900
48. 2002-07-31
    soldstatus $35,000
49. 2002-05-24
    listed $35,000
50. 2001-02-14
    soldstatus $20,000

ⓘ 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: $1,558 · $130/mo
• Projected year-2 tax: $1,757 · $146/mo
• Expected delta: +$199/yr (+$17/mo · 12.8%)

ⓘ 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 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,226
• − Mortgage interest: −$7,114
• − Property taxes: −$1,558
• − Insurance: −$635
• − Repairs & maintenance: −$1,538
• − Management: −$1,538
• − Depreciation: −$3,695
• Taxable income: $3,149
• Est. tax owed @ 24.0%: −$756
• After-tax cash flow: $4,248/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): 15,227
• Household income: $45,046
• Rent vs Own: 46.4% rent · 53.6% own
• Severe rent burden: 646.0

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 (81%)
• Race & ethnicity: Black 81% White 12% Two or more races 5% Hispanic / Latino 3%
• Common ancestry: Iranian 3% Romanian 1% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 4% Other Indo-European 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: ▼ -139.60%
• Current HPI: 130.9545
• Rent YoY: ▲ 5.20%
• 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

+195.3% since first listed

39 events — show timeline

• 2026-05-23 Listed $127,000 MiRealSource-MiMLS
• 2026-05-23 Listed $127,000 REALCOMP
• 2026-03-29 Listing Removed — MiRealSource-MiMLS
• 2026-03-29 Listing Removed — REALCOMP
• 2026-01-14 Price Changed $127,000 MiRealSource-MiMLS
• 2026-01-13 Price Changed $127,000 REALCOMP
• 2025-11-05 Price Changed $128,000 MiRealSource-MiMLS
• 2025-11-04 Price Changed $128,000 REALCOMP
• 2025-05-13 Listed $132,500 REALCOMP
• 2025-05-13 Listed $132,500 MiRealSource-MiMLS
• 2021-11-16 Sold (Public Records) $115,000 Public Records
• 2019-05-28 Listing Removed — REALCOMP
• 2018-08-13 Pending — MiRealSource-MiMLS
• 2018-08-13 Pending — REALCOMP
• 2018-08-13 Listing Removed — MiRealSource-MiMLS
• 2018-06-22 Relisted — REALCOMP
• 2018-06-19 Listing Removed — REALCOMP
• 2018-05-22 Listed $15,900 MiRealSource-MiMLS
• 2018-05-22 Listed $15,900 REALCOMP
• 2018-05-09 Listing Removed — REALCOMP
• 2018-05-09 Listing Removed — MiRealSource-MiMLS
• 2018-04-20 Listed $15,900 MiRealSource-MiMLS
• 2018-04-20 Listed $15,900 REALCOMP
• 2017-12-01 Listing Removed — MiRealSource-MiMLS
• 2017-12-01 Listing Removed — REALCOMP
• 2017-09-12 Listed $15,900 MiRealSource-MiMLS
• 2017-09-12 Listed $15,900 REALCOMP
• 2004-09-21 Listing Removed — REALCOMP
• 2004-05-21 Listed $68,900 REALCOMP
• 2004-04-15 Listing Removed — REALCOMP
• 2003-09-11 Listed $64,900 REALCOMP
• 2002-07-31 Sold (MLS) $35,000 REALCOMP
• 2002-05-24 Listed $35,000 REALCOMP
• 2001-02-14 Sold (Public Records) $20,000 Public Records
• 2000-03-09 Sold (Public Records) $67,000 Public Records
• 1999-02-10 Sold (MLS) $20,000 REALCOMP
• 1998-11-24 Listed $19,900 REALCOMP
• 1998-11-15 Listing Removed — REALCOMP
• 1998-07-28 Listed $43,000 REALCOMP

Property tax history

+0.5%/yr

Latest (2025): $1,558 · -9.5% YoY. Source: county tax records.