13343 N Fenton Rd · Lake Fenton, MI 48430

$220,000

3 bd · 1.0 ba · 1,680 sqft · SingleFamily · 19 Days on market

Built 1930 0.49 ac lot $131/sqft · 41% below area Est $373k · 41% 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 +16.6/30.0
• ARV discount +15.0/15.0
• DSCR +5.2/10.0
• Schools +4.1/10.0
• Livability +3.7/5.0
• 1% rule +3.5/10.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Set on a beautifully sized . 48-acre parcel framed by mature trees, this ranch-style home offers a rare sense of space, privacy, and everyday ease. The approach is welcoming, with multiple covered and enclosed porch areas that add both charm and functionality while creating a seamless transition into the home. Inside, the main living area is filled with natural light and centered around a wood-burning fireplace, establishing a warm and inviting atmosphere. The layout flows naturally into the kitchen, where generous cabinetry, ample counter space, and a dedicated dining area create a comfortable and efficient environment for daily living and gathering. All three bedrooms are thoughtfully positioned on the main level, offering convenience and accessibility alongside a full bathroom with durable finishes. The layout balances openness with defined spaces, allowing for both connection and privacy. The partially finished basement expands the home's versatility, providing additional room for storage, hobbies, or future customization. A dedicated laundry area is also located here, with washer and dryer included. Outdoors, the setting continues to impress. The expansive yard offers a mix of open green space and mature landscaping, with a fenced portion directly off the back deck for added usability. Multiple outdoor living areas - including a deck, patio, and covered porch - create inviting spaces to relax or entertain throughout the seasons. The detached 3-car garage adds exceptional capacity for parking, storage, or workspace. Additional updates include a garage roof replaced in 2019, along with a water softener and bladder tank updated approximately 3 years ago. Ideally positioned with convenient access to US-23, as well as nearby shopping, dining, and downtown Fenton. Schedule your showing and see it in person.

Key facts

• 0.49 acre lot
• 3 garage spots
• Built 1930

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $220k.

Deal economics

• At list price, monthly cash flow is $133 ($2k/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 $186k (15.3% below list).
• Recommended offer: $186k (15.3% below list) — sets the bar for 1% rule.
• Cap rate 7.0% vs local median 2.4% in Lake Fenton — 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 74/100 on livability (#183 in MI, #4,770 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Lake Fenton Community Schools (rural): math 40% / reading 52% proficiency, ranked #124 of 540 in MI (top 23%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.6%/yr); 311 active listings in the ZIP; solid renter incomes; 419 units permitted in Genesee County in 2024 (68 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 $7k of value loss. Plan a longer hold.
• Genesee County population projected at -27% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 19 days — a 2% lower offer ($217k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 27y 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 $136k; list at $220k implies a 62% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $186,298 (15.3% 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. 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: 0.85% ✗
• Cap rate: 7.02%
• Cash-on-cash: 2.59%
• DSCR: 1.12
• GRM: 9.8

CMA / ARV

• ARV (median comp): $373,411
• List price: $220,000
• Delta: -41.08%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
13300 Firestone Dr	0.08mi	3/1.5	1,729 (+3%)	4mo	$305,000	$176	86

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 · 2.59% rent growth · sell at horizon

5-year hold

• IRR: -12.7%
• Equity multiple: 0.55×
• Total profit: $-28,019
• Equity at exit: $32,803

10-year hold

• IRR: -4.2%
• Equity multiple: 0.73×
• Total profit: $-16,935
• Equity at exit: $19,022

Cash invested: $61,600 (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 48430

• Rents YoY: 2.6%
• Active inventory: 311
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,863 medium
• Mortgage (P&I): −$1,154
• Tax from tax record: −$93 /mo · $1,119/yr
• Insurance: −$92
• HOA: −$0
• Vacancy / Maint / Mgmt: −$391
• Net cashflow: $133

Break-even live

Break-even rent $1,694

Max offer price $220,000

Occupancy floor 88%

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: $55,000
• Closing costs: $6,600
• Reserves months: —
• Total cash needed: —

Listing history 33 events

1. 2026-05-13
   price $220,000 1837-char remark

   Show marketing remark (1837 chars)

   Set on a beautifully sized . 48-acre parcel framed by mature trees, this ranch-style home offers a rare sense of space, privacy, and everyday ease. The approach is welcoming, with multiple covered and enclosed porch areas that add both charm and functionality while creating a seamless transition into the home. Inside, the main living area is filled with natural light and centered around a wood-burning fireplace, establishing a warm and inviting atmosphere. The layout flows naturally into the kitchen, where generous cabinetry, ample counter space, and a dedicated dining area create a comfortable and efficient environment for daily living and gathering. All three bedrooms are thoughtfully positioned on the main level, offering convenience and accessibility alongside a full bathroom with durable finishes. The layout balances openness with defined spaces, allowing for both connection and privacy. The partially finished basement expands the home's versatility, providing additional room for storage, hobbies, or future customization. A dedicated laundry area is also located here, with washer and dryer included. Outdoors, the setting continues to impress. The expansive yard offers a mix of open green space and mature landscaping, with a fenced portion directly off the back deck for added usability. Multiple outdoor living areas - including a deck, patio, and covered porch - create inviting spaces to relax or entertain throughout the seasons. The detached 3-car garage adds exceptional capacity for parking, storage, or workspace. Additional updates include a garage roof replaced in 2019, along with a water softener and bladder tank updated approximately 3 years ago. Ideally positioned with convenient access to US-23, as well as nearby shopping, dining, and downtown Fenton. Schedule your showing and see it in person.

2. 2026-05-12
   price $220,000 1851-char remark

   Show marketing remark (1851 chars)

   Set on a beautifully sized . 48-acre parcel framed by mature trees, this ranch-style home offers a rare sense of space, privacy, and everyday ease. The approach is welcoming, with multiple covered and enclosed porch areas that add both charm and functionality while creating a seamless transition into the home. Inside, the main living area is filled with natural light and centered around a wood-burning fireplace, establishing a warm and inviting atmosphere. The layout flows naturally into the kitchen, where generous cabinetry, ample counter space, and a dedicated dining area create a comfortable and efficient environment for daily living and gathering. All three bedrooms are thoughtfully positioned on the main level, offering convenience and accessibility alongside a full bathroom with durable finishes. The layout balances openness with defined spaces, allowing for both connection and privacy. The partially finished basement expands the home’s versatility, providing additional room for storage, hobbies, or future customization. A dedicated laundry area is also located here, with washer and dryer included. Outdoors, the setting continues to impress. The expansive yard offers a mix of open green space and mature landscaping, with a fenced portion directly off the back deck for added usability. Multiple outdoor living areas—including a deck, patio, and covered porch—create inviting spaces to relax or entertain throughout the seasons. The detached 3-car garage adds exceptional capacity for parking, storage, or workspace. Additional updates include a garage roof replaced in 2019, along with a water softener and bladder tank updated approximately 3 years ago. Ideally positioned with convenient access to US-23, as well as nearby shopping, dining, and downtown Fenton. Schedule your showing and see it in person.

3. 2026-05-12
   status Active 1851-char remark

   Show marketing remark (1851 chars)

   Set on a beautifully sized . 48-acre parcel framed by mature trees, this ranch-style home offers a rare sense of space, privacy, and everyday ease. The approach is welcoming, with multiple covered and enclosed porch areas that add both charm and functionality while creating a seamless transition into the home. Inside, the main living area is filled with natural light and centered around a wood-burning fireplace, establishing a warm and inviting atmosphere. The layout flows naturally into the kitchen, where generous cabinetry, ample counter space, and a dedicated dining area create a comfortable and efficient environment for daily living and gathering. All three bedrooms are thoughtfully positioned on the main level, offering convenience and accessibility alongside a full bathroom with durable finishes. The layout balances openness with defined spaces, allowing for both connection and privacy. The partially finished basement expands the home’s versatility, providing additional room for storage, hobbies, or future customization. A dedicated laundry area is also located here, with washer and dryer included. Outdoors, the setting continues to impress. The expansive yard offers a mix of open green space and mature landscaping, with a fenced portion directly off the back deck for added usability. Multiple outdoor living areas—including a deck, patio, and covered porch—create inviting spaces to relax or entertain throughout the seasons. The detached 3-car garage adds exceptional capacity for parking, storage, or workspace. Additional updates include a garage roof replaced in 2019, along with a water softener and bladder tank updated approximately 3 years ago. Ideally positioned with convenient access to US-23, as well as nearby shopping, dining, and downtown Fenton. Schedule your showing and see it in person.

4. 2026-04-23
   status Active 1851-char remark

   Show marketing remark (1837 chars)

   Set on a beautifully sized . 48-acre parcel framed by mature trees, this ranch-style home offers a rare sense of space, privacy, and everyday ease. The approach is welcoming, with multiple covered and enclosed porch areas that add both charm and functionality while creating a seamless transition into the home. Inside, the main living area is filled with natural light and centered around a wood-burning fireplace, establishing a warm and inviting atmosphere. The layout flows naturally into the kitchen, where generous cabinetry, ample counter space, and a dedicated dining area create a comfortable and efficient environment for daily living and gathering. All three bedrooms are thoughtfully positioned on the main level, offering convenience and accessibility alongside a full bathroom with durable finishes. The layout balances openness with defined spaces, allowing for both connection and privacy. The partially finished basement expands the home's versatility, providing additional room for storage, hobbies, or future customization. A dedicated laundry area is also located here, with washer and dryer included. Outdoors, the setting continues to impress. The expansive yard offers a mix of open green space and mature landscaping, with a fenced portion directly off the back deck for added usability. Multiple outdoor living areas - including a deck, patio, and covered porch - create inviting spaces to relax or entertain throughout the seasons. The detached 3-car garage adds exceptional capacity for parking, storage, or workspace. Additional updates include a garage roof replaced in 2019, along with a water softener and bladder tank updated approximately 3 years ago. Ideally positioned with convenient access to US-23, as well as nearby shopping, dining, and downtown Fenton. Schedule your showing and see it in person.

5. 2026-04-23
   status Active 1837-char remark

   Show marketing remark (1837 chars)

   Set on a beautifully sized . 48-acre parcel framed by mature trees, this ranch-style home offers a rare sense of space, privacy, and everyday ease. The approach is welcoming, with multiple covered and enclosed porch areas that add both charm and functionality while creating a seamless transition into the home. Inside, the main living area is filled with natural light and centered around a wood-burning fireplace, establishing a warm and inviting atmosphere. The layout flows naturally into the kitchen, where generous cabinetry, ample counter space, and a dedicated dining area create a comfortable and efficient environment for daily living and gathering. All three bedrooms are thoughtfully positioned on the main level, offering convenience and accessibility alongside a full bathroom with durable finishes. The layout balances openness with defined spaces, allowing for both connection and privacy. The partially finished basement expands the home's versatility, providing additional room for storage, hobbies, or future customization. A dedicated laundry area is also located here, with washer and dryer included. Outdoors, the setting continues to impress. The expansive yard offers a mix of open green space and mature landscaping, with a fenced portion directly off the back deck for added usability. Multiple outdoor living areas - including a deck, patio, and covered porch - create inviting spaces to relax or entertain throughout the seasons. The detached 3-car garage adds exceptional capacity for parking, storage, or workspace. Additional updates include a garage roof replaced in 2019, along with a water softener and bladder tank updated approximately 3 years ago. Ideally positioned with convenient access to US-23, as well as nearby shopping, dining, and downtown Fenton. Schedule your showing and see it in person.

6. 2026-03-30
   status Pending 1837-char remark

   Show marketing remark (1851 chars)

   Set on a beautifully sized . 48-acre parcel framed by mature trees, this ranch-style home offers a rare sense of space, privacy, and everyday ease. The approach is welcoming, with multiple covered and enclosed porch areas that add both charm and functionality while creating a seamless transition into the home. Inside, the main living area is filled with natural light and centered around a wood-burning fireplace, establishing a warm and inviting atmosphere. The layout flows naturally into the kitchen, where generous cabinetry, ample counter space, and a dedicated dining area create a comfortable and efficient environment for daily living and gathering. All three bedrooms are thoughtfully positioned on the main level, offering convenience and accessibility alongside a full bathroom with durable finishes. The layout balances openness with defined spaces, allowing for both connection and privacy. The partially finished basement expands the home’s versatility, providing additional room for storage, hobbies, or future customization. A dedicated laundry area is also located here, with washer and dryer included. Outdoors, the setting continues to impress. The expansive yard offers a mix of open green space and mature landscaping, with a fenced portion directly off the back deck for added usability. Multiple outdoor living areas—including a deck, patio, and covered porch—create inviting spaces to relax or entertain throughout the seasons. The detached 3-car garage adds exceptional capacity for parking, storage, or workspace. Additional updates include a garage roof replaced in 2019, along with a water softener and bladder tank updated approximately 3 years ago. Ideally positioned with convenient access to US-23, as well as nearby shopping, dining, and downtown Fenton. Schedule your showing and see it in person.

7. 2026-03-30
   status Pending 1851-char remark

   Show marketing remark (1851 chars)

   Set on a beautifully sized . 48-acre parcel framed by mature trees, this ranch-style home offers a rare sense of space, privacy, and everyday ease. The approach is welcoming, with multiple covered and enclosed porch areas that add both charm and functionality while creating a seamless transition into the home. Inside, the main living area is filled with natural light and centered around a wood-burning fireplace, establishing a warm and inviting atmosphere. The layout flows naturally into the kitchen, where generous cabinetry, ample counter space, and a dedicated dining area create a comfortable and efficient environment for daily living and gathering. All three bedrooms are thoughtfully positioned on the main level, offering convenience and accessibility alongside a full bathroom with durable finishes. The layout balances openness with defined spaces, allowing for both connection and privacy. The partially finished basement expands the home’s versatility, providing additional room for storage, hobbies, or future customization. A dedicated laundry area is also located here, with washer and dryer included. Outdoors, the setting continues to impress. The expansive yard offers a mix of open green space and mature landscaping, with a fenced portion directly off the back deck for added usability. Multiple outdoor living areas—including a deck, patio, and covered porch—create inviting spaces to relax or entertain throughout the seasons. The detached 3-car garage adds exceptional capacity for parking, storage, or workspace. Additional updates include a garage roof replaced in 2019, along with a water softener and bladder tank updated approximately 3 years ago. Ideally positioned with convenient access to US-23, as well as nearby shopping, dining, and downtown Fenton. Schedule your showing and see it in person.

8. 2026-03-30
   historical 1851-char remark

   Show marketing remark (1851 chars)

   Set on a beautifully sized . 48-acre parcel framed by mature trees, this ranch-style home offers a rare sense of space, privacy, and everyday ease. The approach is welcoming, with multiple covered and enclosed porch areas that add both charm and functionality while creating a seamless transition into the home. Inside, the main living area is filled with natural light and centered around a wood-burning fireplace, establishing a warm and inviting atmosphere. The layout flows naturally into the kitchen, where generous cabinetry, ample counter space, and a dedicated dining area create a comfortable and efficient environment for daily living and gathering. All three bedrooms are thoughtfully positioned on the main level, offering convenience and accessibility alongside a full bathroom with durable finishes. The layout balances openness with defined spaces, allowing for both connection and privacy. The partially finished basement expands the home’s versatility, providing additional room for storage, hobbies, or future customization. A dedicated laundry area is also located here, with washer and dryer included. Outdoors, the setting continues to impress. The expansive yard offers a mix of open green space and mature landscaping, with a fenced portion directly off the back deck for added usability. Multiple outdoor living areas—including a deck, patio, and covered porch—create inviting spaces to relax or entertain throughout the seasons. The detached 3-car garage adds exceptional capacity for parking, storage, or workspace. Additional updates include a garage roof replaced in 2019, along with a water softener and bladder tank updated approximately 3 years ago. Ideally positioned with convenient access to US-23, as well as nearby shopping, dining, and downtown Fenton. Schedule your showing and see it in person.

9. 2026-03-28
   listed $230,000 Active 1837-char remark

   Show marketing remark (1851 chars)

   Set on a beautifully sized . 48-acre parcel framed by mature trees, this ranch-style home offers a rare sense of space, privacy, and everyday ease. The approach is welcoming, with multiple covered and enclosed porch areas that add both charm and functionality while creating a seamless transition into the home. Inside, the main living area is filled with natural light and centered around a wood-burning fireplace, establishing a warm and inviting atmosphere. The layout flows naturally into the kitchen, where generous cabinetry, ample counter space, and a dedicated dining area create a comfortable and efficient environment for daily living and gathering. All three bedrooms are thoughtfully positioned on the main level, offering convenience and accessibility alongside a full bathroom with durable finishes. The layout balances openness with defined spaces, allowing for both connection and privacy. The partially finished basement expands the home’s versatility, providing additional room for storage, hobbies, or future customization. A dedicated laundry area is also located here, with washer and dryer included. Outdoors, the setting continues to impress. The expansive yard offers a mix of open green space and mature landscaping, with a fenced portion directly off the back deck for added usability. Multiple outdoor living areas—including a deck, patio, and covered porch—create inviting spaces to relax or entertain throughout the seasons. The detached 3-car garage adds exceptional capacity for parking, storage, or workspace. Additional updates include a garage roof replaced in 2019, along with a water softener and bladder tank updated approximately 3 years ago. Ideally positioned with convenient access to US-23, as well as nearby shopping, dining, and downtown Fenton. Schedule your showing and see it in person.

10. 2026-03-28
    listed $230,000 Active 1851-char remark

    Show marketing remark (1851 chars)

    Set on a beautifully sized . 48-acre parcel framed by mature trees, this ranch-style home offers a rare sense of space, privacy, and everyday ease. The approach is welcoming, with multiple covered and enclosed porch areas that add both charm and functionality while creating a seamless transition into the home. Inside, the main living area is filled with natural light and centered around a wood-burning fireplace, establishing a warm and inviting atmosphere. The layout flows naturally into the kitchen, where generous cabinetry, ample counter space, and a dedicated dining area create a comfortable and efficient environment for daily living and gathering. All three bedrooms are thoughtfully positioned on the main level, offering convenience and accessibility alongside a full bathroom with durable finishes. The layout balances openness with defined spaces, allowing for both connection and privacy. The partially finished basement expands the home’s versatility, providing additional room for storage, hobbies, or future customization. A dedicated laundry area is also located here, with washer and dryer included. Outdoors, the setting continues to impress. The expansive yard offers a mix of open green space and mature landscaping, with a fenced portion directly off the back deck for added usability. Multiple outdoor living areas—including a deck, patio, and covered porch—create inviting spaces to relax or entertain throughout the seasons. The detached 3-car garage adds exceptional capacity for parking, storage, or workspace. Additional updates include a garage roof replaced in 2019, along with a water softener and bladder tank updated approximately 3 years ago. Ideally positioned with convenient access to US-23, as well as nearby shopping, dining, and downtown Fenton. Schedule your showing and see it in person.

11. 2026-03-26
    historical $230,000 1837-char remark

    Show marketing remark (1837 chars)

    Set on a beautifully sized . 48-acre parcel framed by mature trees, this ranch-style home offers a rare sense of space, privacy, and everyday ease. The approach is welcoming, with multiple covered and enclosed porch areas that add both charm and functionality while creating a seamless transition into the home. Inside, the main living area is filled with natural light and centered around a wood-burning fireplace, establishing a warm and inviting atmosphere. The layout flows naturally into the kitchen, where generous cabinetry, ample counter space, and a dedicated dining area create a comfortable and efficient environment for daily living and gathering. All three bedrooms are thoughtfully positioned on the main level, offering convenience and accessibility alongside a full bathroom with durable finishes. The layout balances openness with defined spaces, allowing for both connection and privacy. The partially finished basement expands the home's versatility, providing additional room for storage, hobbies, or future customization. A dedicated laundry area is also located here, with washer and dryer included. Outdoors, the setting continues to impress. The expansive yard offers a mix of open green space and mature landscaping, with a fenced portion directly off the back deck for added usability. Multiple outdoor living areas - including a deck, patio, and covered porch - create inviting spaces to relax or entertain throughout the seasons. The detached 3-car garage adds exceptional capacity for parking, storage, or workspace. Additional updates include a garage roof replaced in 2019, along with a water softener and bladder tank updated approximately 3 years ago. Ideally positioned with convenient access to US-23, as well as nearby shopping, dining, and downtown Fenton. Schedule your showing and see it in person.

12. 2024-05-22
    historical
13. 2024-05-22
    historical
14. 2023-10-12
    price $265,000
15. 2023-10-12
    price $265,000
16. 2023-09-22
    listed $270,000 Active
17. 2023-09-22
    listed $270,000 Active
18. 2023-09-20
    historical
19. 2023-09-20
    historical
20. 2012-07-01
    historical
21. 2012-07-01
    historical
22. 2012-03-06
    listed $49,000
23. 2012-03-06
    listed $49,000
24. 2012-03-06
    historical
25. 2012-03-06
    historical
26. 2011-09-27
    listed $64,500
27. 2011-09-27
    listed $64,500
28. 2004-02-26
    soldstatus $136,000
29. 1999-09-24
    soldstatus $110,000
30. 1999-09-24
    soldstatus $110,000
31. 1999-08-04
    historical
32. 1999-06-04
    listed $119,900
33. 1999-06-04
    listed $119,900

ⓘ 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: $1,119 · $93/mo
• Projected year-2 tax: $2,254 · $188/mo
• Expected delta: +$1,134/yr (+$95/mo · 101.4%)

ⓘ 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 2/10 Low 7 d/yr ≥96°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,356
• − Mortgage interest: −$12,323
• − Property taxes: −$1,119
• − Insurance: −$1,100
• − Repairs & maintenance: −$1,788
• − Management: −$1,788
• − Depreciation: −$6,400
• Taxable loss: −$2,164
• Est. tax savings @ 24.0%: +$519
• After-tax cash flow: $2,117/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: Lake Fenton Community Schools
• NCES district ID: 2620670
• Math proficiency: 40% ▼ -8.00%
• Reading proficiency: 52% ▼ -8.00%
• Median HH income: $65,788
• Composite: 40.93/100
• National rank: #3609
• State rank: #124 of 540 in MI

Livability — Lake Fenton

• Score: 74/100
• State rank: #183
• US rank: #4770

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lake Fenton, MI
• County: Livingston County · 121,626 people
• City population: 39,309
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 39,309
• Household income: $100,193
• Rent vs Own: 18.6% rent · 81.4% own
• Severe rent burden: 642.0

Population outlook (Genesee County) Hauer SSP2

• Today (2025): 381,312 people
• By 2030: 362,731 · -4.9%
• By 2040: 321,550 · -15.7%
• By 2050: 279,212 · -26.8%
• By 2075: 193,336 · -49.3%
• By 2100: 128,118 · -66.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 4% Hispanic / Latino 3% Asian 1% Black 1%
• Common ancestry: Romanian 10% Lithuanian 5% Slovak 3%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 1% Other Asian/Pacific 1% Other Indo-European 1%

Political lean MEDSL · Genesee

• 2024 margin: Toss-up / Even · D 51.4% · R 47.2% · Other 1.4%
• 2008→2024 swing: -28.3pp toward R · 2008: 32.5pp · 2024: 4.2pp
• All cycles: 2024: D+4.2 2020: D+9.3 2016: D+9.5 2012: D+28.2 2008: D+32.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -298.66%
• Current HPI: 238.8371
• Rent YoY: ▲ 2.59%
• 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

+83.5% since first listed

33 events — show timeline

• 2026-05-13 Price Changed $220,000 MiRealSource-MiMLS
• 2026-05-12 Price Changed $220,000 REALCOMP
• 2026-05-12 Relisted — REALCOMP
• 2026-04-23 Relisted — REALCOMP
• 2026-04-23 Relisted — MiRealSource-MiMLS
• 2026-03-30 Pending — MiRealSource-MiMLS
• 2026-03-30 Pending — REALCOMP
• 2026-03-30 Listing Removed — REALCOMP
• 2026-03-28 Listed $230,000 MiRealSource-MiMLS
• 2026-03-28 Listed $230,000 REALCOMP
• 2026-03-26 Coming Soon $230,000 MiRealSource-MiMLS
• 2024-05-22 Listing Removed — MiRealSource-MiMLS
• 2024-05-22 Listing Removed — REALCOMP
• 2023-10-12 Price Changed $265,000 MiRealSource-MiMLS
• 2023-10-12 Price Changed $265,000 REALCOMP
• 2023-09-22 Listed $270,000 MiRealSource-MiMLS
• 2023-09-22 Listed $270,000 REALCOMP
• 2023-09-20 Coming Soon — MiRealSource-MiMLS
• 2023-09-20 Coming Soon — REALCOMP
• 2012-07-01 Listing Removed — REALCOMP
• 2012-07-01 Listing Removed — MiRealSource-MiMLS
• 2012-03-06 Listing Removed — REALCOMP
• 2012-03-06 Listing Removed — MiRealSource-MiMLS
• 2012-03-06 Listed $49,000 REALCOMP
• 2012-03-06 Listed $49,000 MiRealSource-MiMLS
• 2011-09-27 Listed $64,500 REALCOMP
• 2011-09-27 Listed $64,500 MiRealSource-MiMLS
• 2004-02-26 Sold (Public Records) $136,000 Public Records
• 1999-09-24 Sold (MLS) $110,000 MiRealSource-MiMLS
• 1999-09-24 Sold (MLS) $110,000 REALCOMP
• 1999-08-04 Listing Removed — MiRealSource-MiMLS
• 1999-06-04 Listed $119,900 MiRealSource-MiMLS
• 1999-06-04 Listed $119,900 REALCOMP

Property tax history

-6.5%/yr

Latest (2025): $1,119 · -32.0% YoY. Source: county tax records.