3137 Dean Rd · Bedford, MI 48144

$279,000

3 bd · 2.0 ba · 1,764 sqft · SingleFamily · 14 Days on market

Built 1959 0.37 ac lot Est $288k · at est.

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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 +20.4/30.0
• ARV discount +8.8/15.0
• DSCR +6.5/10.0
• 1% rule +4.2/10.0
• Schools +3.8/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this beautifully maintained 1,800 sq. ft. ranch nestled on nearly half an acre in desirable Bedford Township. Offering 3 bedrooms and 2 full bathrooms, this home combines comfortable living with thoughtful updates throughout. Step inside to find hardwood floors, a large open-concept kitchen, and a spacious living room featuring a cozy gas fireplace, perfect for relaxing or entertaining. The primary suite serves as a private retreat with a walk-in closet and a luxurious jetted Jacuzzi tub. Additional highlights include an attached 2-car garage, updated bathroom, generous room sizes, and plenty of natural light. Outside, enjoy the expansive backyard with room to play, garden, or entertain, along with a convenient storage shed for all your outdoor equipment. Whether you're hosting gatherings on the spacious lot or enjoying a quiet evening by the fire, this move-in-ready ranch offers the perfect blend of comfort, space, and functionality.

Key facts

• Open-concept kitchen
• Walk-in closet
• Jetted jacuzzi tub

Tags

• HARDWOOD FLOORS
• OPEN-CONCEPT KITCHEN
• GAS FIREPLACE
• WALK-IN CLOSET
• JETTED JACUZZI TUB
• EXPANSIVE BACKYARD

Property features AI

Finance

• Other: Lot dimensions roughly 63 x 279 (about 0.37 acres)
• Financial info: Annual property tax listed (details available): $2,079

Exterior

• Parking: Attached garage with direct access (approximately 2.5 car capacity)
• Utilities: Private well water; Public sewer
• Home design: Single-family residence; One story; Ground-level entry; Aluminum siding
• Construction: Aluminum siding construction
• Exterior features: Deck; Shed(s); Paved road access

Interior

• Bedrooms: Total of 6 rooms (bedroom count not specified separately)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating (natural gas); Central air conditioning; Ceiling fans
• Interior features: Gas fireplace in the living room; Crawl space basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $279k.

Deal economics

• At list price, monthly cash flow is $365 ($4k/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 $255k (8.5% below list).
• Recommended offer: $255k (8.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Bedford Public Schools (suburban): math 33% / reading 53% proficiency, ranked #150 of 540 in MI (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 18% free/reduced lunch — higher-income household profile.
• Market conditions: 29 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 264 units permitted in Monroe County in 2024 (40 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 $8k of value loss. Plan a longer hold.
• Monroe County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 14y 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 $155k; list at $279k implies a 80% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $255,294 (8.5% below list)

Questions for the listing agent

1. Built in 1959 — 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. 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.
4. 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.
5. 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: 0.92% ✗
• Cap rate: 7.86%
• Cash-on-cash: 5.60%
• DSCR: 1.25
• GRM: 9.1

CMA / ARV

• ARV (on-the-fly): $287,532
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3347 Shadywood Dr	0.42mi	3/2.0	1,788 (+1%)	9mo	$329,000	$184	70
3447 Woodmont Dr	0.72mi	3/2.0	1,748 (-1%)	4mo	$297,500	$170	62
3468 Fairwood Dr	0.58mi	3/2.0	1,680 (-5%)	14mo	$325,000	$193	53
3415 Woodmont Dr	0.70mi	4/2.0 (+1)	1,848 (+5%)	2mo	$289,900	$157	53
8303 Summerfield Rd	0.60mi	3/1.5	1,840 (+4%)	13mo	$225,000	$122	52
2933 W Dean Rd	0.35mi	4/2.0 (+1)	1,504 (-15%)	3mo	$295,000	$196	52
8464 Keitha Dr	0.41mi	4/1.5 (+1)	1,560 (-12%)	4mo	$268,000	$172	51
2825 Consear Rd	0.67mi	3/1.5	1,708 (-3%)	14mo	$250,000	$146	50
3343 Consear Rd	0.55mi	4/2.0 (+1)	1,600 (-9%)	9mo	$210,000	$131	46
3335 Woodmont Dr	0.66mi	3/2.0	1,671 (-5%)	19mo	$272,500	$163	44
3336 Springdale St	0.44mi	3/1.5	1,508 (-14%)	12mo	$165,000	$109	43
7712 Secor Rd	0.60mi	3/2.0	1,916 (+9%)	19mo	$286,000	$149	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -7.7%
• Equity multiple: 0.72×
• Total profit: $-22,107
• Equity at exit: $41,600

10-year hold

• IRR: 1.8%
• Equity multiple: 1.13×
• Total profit: $10,135
• Equity at exit: $24,123

Cash invested: $78,120 (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 48144

• Active inventory: 29
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $2,553 medium
• Mortgage (P&I): −$1,463
• Tax from tax record: −$73 /mo · $872/yr
• Insurance: −$116
• HOA: −$0
• Vacancy / Maint / Mgmt: −$536
• Net cashflow: $365

Break-even live

Break-even rent $2,091

Max offer price $279,000

Occupancy floor 81%

Sensitivity live

Price	-10% $523	-5% $444	+0% $365	+5% $286	+10% $207
Rent	-10% $163	-5% $264	+0% $365	+5% $466	+10% $566
Rate	-1.0pp $505	-0.5pp $436	base $365	+0.5pp $293	+1.0pp $219

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: $69,750
• Closing costs: $8,370
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3055 W Sterns Rd Lambertville, MI	3.0	2.0	2470	$2,595	$1.05	22d	1	1.02mi
7076 Middlebury Dr Lambertville, MI	3.0	2.0	1248	$2,495	$2.00	14d	1	1.40mi

Listing history 10 events

1. 2026-06-18
   days on market $279,000 Active 14 DOM
2. 2026-06-17
   days on market $279,000 Active 13 DOM
3. 2026-06-16
   days on market $279,000 Active 12 DOM
4. 2026-06-15
   days on market $279,000 Active 11 DOM
5. 2026-06-14
   days on market $279,000 Active 9 DOM
6. 2026-06-10
   days on market $279,000 Active 6 DOM
7. 2026-06-09
   days on market $279,000 Active 5 DOM
8. 2026-06-08
   days on market $279,000 Active 4 DOM
9. 2026-06-07
   remarks 699-char remark
10. 2026-06-07
    listed $279,000 Active 3 DOM

ⓘ 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: $872 · $73/mo
• Projected year-2 tax: $2,584 · $215/mo
• Expected delta: +$1,712/yr (+$143/mo · 196.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $30,635
• − Mortgage interest: −$15,628
• − Property taxes: −$872
• − Insurance: −$1,395
• − Repairs & maintenance: −$2,451
• − Management: −$2,451
• − Depreciation: −$8,116
• Taxable loss: −$278
• Est. tax savings @ 24.0%: +$67
• After-tax cash flow: $4,444/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: Bedford Public Schools
• NCES district ID: 2604470
• Math proficiency: 33% ▼ -14.00%
• Reading proficiency: 53% ▼ -3.00%
• Median HH income: $63,784
• Composite: 38.22/100
• National rank: #4252
• State rank: #150 of 540 in MI

Livability — Bedford

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Lambertville, MI
• Population (ZIP): 10,275

Population outlook (Monroe County) Hauer SSP2

• Today (2025): 144,439 people
• By 2030: 140,033 · -3.1%
• By 2040: 128,408 · -11.1%
• By 2050: 115,024 · -20.4%
• By 2075: 87,273 · -39.6%
• By 2100: 63,110 · -56.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Two or more races 7% Hispanic / Latino 4% Black 2% Asian 2%
• Common ancestry: Romanian 13% Lithuanian 5% Scotch-Irish 2%
• Foreign-born: 4% · China, South Korea
• Languages at home: 95% English-only · Tagalog/Filipino 2% Spanish 1% Arabic 1%

Political lean MEDSL · Monroe

• 2024 margin: Strong R (+27.1) · D 35.7% · R 62.9% · Other 1.4%
• 2008→2024 swing: -31.5pp toward R · 2008: 4.3pp · 2024: -27.1pp
• All cycles: 2024: R+27.1 2020: R+22.6 2016: R+22.1 2012: D+1.0 2008: D+4.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -116.72%
• Current HPI: 163.3496
• Rent YoY: —
• Metro: —
• 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

+329.2% since first listed

13 events — show timeline

• 2026-06-04 Listed $279,000 REALCOMP
• 2026-06-04 Listed $279,000 MiRealSource-MiMLS
• 2017-11-17 Sold (Public Records) $155,000 Public Records
• 2017-11-13 Sold (MLS) $155,000 MiRealSource-MiMLS
• 2017-11-13 Sold (MLS) $155,000 REALCOMP
• 2017-09-24 Listing Removed — MiRealSource-MiMLS
• 2017-09-21 Listed $154,900 MiRealSource-MiMLS
• 2017-09-21 Listed $154,900 REALCOMP
• 2013-02-05 Sold (Public Records) $125,900 Public Records
• 2013-01-15 Sold (MLS) $125,900 MiRealSource-MiMLS
• 2013-01-05 Listing Removed — MiRealSource-MiMLS
• 2012-10-14 Listed $129,900 MiRealSource-MiMLS
• 1996-01-05 Sold (Public Records) $65,000 Public Records

Property tax history

-2.0%/yr

Latest (2025): $872 · -57.5% YoY. Source: county tax records.