6335 Silver Lake Rd · Linden, MI 48451

$234,999

2 bd · 2.0 ba · 2,104 sqft · SingleFamily · 4 Days on market

Built 1920 0.41 ac lot Est $320k · 27% 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 +21.8/30.0
• ARV discount +15.0/15.0
• DSCR +7.0/10.0
• 1% rule +5.2/10.0
• Schools +4.1/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this charming Downtown Linden gem! Full of character and timeless appeal, this 2 bedroom home offers the perfect blend of 1920s charm and modern updates. Beautiful hardwood floors, fresh paint, updated windows, and thoughtful improvements throughout create a move-in ready space you'll love coming home to. The spacious living areas are filled with natural light and classic details, while the finished lower level offers a third bedroom, home office, or flex space to fit your needs. Egress window with a full bathroom. Step outside and enjoy the large yard, detached garage, and inviting neighborhood setting. As an added bonus, residents enjoy access to Walnut Lake Park on Byram Lake, providing opportunities for swimming, fishing, kayaking, and enjoying the outdoors all summer long. Located just a short walk, bike ride, or golf cart ride from vibrant Downtown Linden, you'll love being close to local restaurants, shops, parks, and community events. If you've been searching for a home with charm, updates, and lake access, this is one you won't want to miss

Key facts

• 0.41 acre lot
• 2 garage spots
• Built 1920

Property features AI

Exterior

• Parking: Detached 2-car garage
• Utilities: Private well water; Public sewer
• Home design: Single family residence; Two levels; Ground-level entry with steps
• Construction: Vinyl siding; Block foundation; Built with two levels
• Exterior features: Porch; Paved road access

Interior

• Kitchen: Free-standing electric oven; Free-standing refrigerator
• Bedrooms: 4 rooms total (bedroom count not specified)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating (natural gas); No central cooling
• Interior features: Gas water heater; Awning(s)
• Laundry & utility: Has heating (forced air, natural gas)

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $368 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $235k).
• Cap rate 8.2% vs local median 1.8% in Linden — 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 (#170 in MI, #4,456 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Linden Community Schools (suburban): math 38% / reading 54% proficiency, ranked #119 of 540 in MI (top 22%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 222 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 14 sale attempts since 29y 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 $52k; list at $235k implies a 352% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $234,999

Questions for the listing agent

1. Built in 1920 — 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 B-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?
4. 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.
5. 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.
6. 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: 1.02% ✓
• Cap rate: 8.17%
• Cash-on-cash: 6.71%
• DSCR: 1.30
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $319,808
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6324 Restwood Dr	0.27mi	2/1.5	2,102 (-0%)	6mo	$303,000	$144	80
6344 Robins Nest Ct	0.38mi	3/2.5 (+1)	2,138 (+2%)	16mo	$345,000	$161	59
15123 Meadow Ln	0.26mi	3/2.5 (+1)	2,368 (+12%)	3mo	$340,000	$144	58
316 Valleyview Dr	0.52mi	3/2.5 (+1)	2,160 (+3%)	10mo	$350,000	$162	56
6300 Silver Lake Rd	0.08mi	3/2.0 (+1)	1,808 (-14%)	15mo	$275,000	$152	55
6354 Oak Leaf Trl	0.16mi	3/3.0 (+1)	2,298 (+9%)	18mo	$350,000	$152	53
401 W Broad St	0.70mi	3/2.0 (+1)	2,204 (+5%)	7mo	$325,000	$147	48
14388 Oak Leaf Trl	0.29mi	3/2.5 (+1)	1,806 (-14%)	14mo	$350,000	$194	44
14479 Oak Leaf Trl	0.17mi	3/2.5 (+1)	1,828 (-13%)	24mo	$360,000	$197	43
315 Valleyview Dr	0.51mi	3/2.5 (+1)	2,400 (+14%)	11mo	$330,000	$138	37
5497 Dooley Dr	0.74mi	3/2.0 (+1)	2,336 (+11%)	23mo	$300,000	$128	23

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: -6.0%
• Equity multiple: 0.78×
• Total profit: $-14,684
• Equity at exit: $35,039

10-year hold

• IRR: 3.6%
• Equity multiple: 1.26×
• Total profit: $17,269
• Equity at exit: $20,318

Cash invested: $65,800 (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 48451

• Active inventory: 222
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $2,395 medium
• Mortgage (P&I): −$1,232
• Tax from tax record: −$194 /mo · $2,329/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$503
• Net cashflow: $368

Break-even live

Break-even rent $1,930

Max offer price $234,999

Occupancy floor 80%

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: $58,750
• Closing costs: $7,050
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16530 Bedington Dr Linden, MI	3.0	2.0	1736	$2,395	$1.38	5d	1	1.15mi

Listing history 37 events

1. 2026-06-02
   status $234,999 Pending 4 DOM
2. 2026-06-01
   days on market $234,999 Active 4 DOM
3. 2026-05-31
   days on market $234,999 Active 3 DOM
4. 2026-05-30
   days on market $234,999 Active 2 DOM
5. 2026-05-29
   listed $234,999 Active 1081-char remark

   Show marketing remark (1081 chars)

   Welcome home to this charming Downtown Linden gem! Full of character and timeless appeal, this 2 bedroom home offers the perfect blend of 1920s charm and modern updates. Beautiful hardwood floors, fresh paint, updated windows, and thoughtful improvements throughout create a move-in ready space you'll love coming home to. The spacious living areas are filled with natural light and classic details, while the finished lower level offers a third bedroom, home office, or flex space to fit your needs. Egress window with a full bathroom. Step outside and enjoy the large yard, detached garage, and inviting neighborhood setting. As an added bonus, residents enjoy access to Walnut Lake Park on Byram Lake, providing opportunities for swimming, fishing, kayaking, and enjoying the outdoors all summer long. Located just a short walk, bike ride, or golf cart ride from vibrant Downtown Linden, you'll love being close to local restaurants, shops, parks, and community events. If you've been searching for a home with charm, updates, and lake access, this is one you won't want to miss

6. 2026-05-29
   listed $234,999 Active

   Show marketing remark (1081 chars)

   Welcome home to this charming Downtown Linden gem! Full of character and timeless appeal, this 2 bedroom home offers the perfect blend of 1920s charm and modern updates. Beautiful hardwood floors, fresh paint, updated windows, and thoughtful improvements throughout create a move-in ready space you'll love coming home to. The spacious living areas are filled with natural light and classic details, while the finished lower level offers a third bedroom, home office, or flex space to fit your needs. Egress window with a full bathroom. Step outside and enjoy the large yard, detached garage, and inviting neighborhood setting. As an added bonus, residents enjoy access to Walnut Lake Park on Byram Lake, providing opportunities for swimming, fishing, kayaking, and enjoying the outdoors all summer long. Located just a short walk, bike ride, or golf cart ride from vibrant Downtown Linden, you'll love being close to local restaurants, shops, parks, and community events. If you've been searching for a home with charm, updates, and lake access, this is one you won't want to miss

7. 2026-05-28
   historical $234,999 1081-char remark

   Show marketing remark (1081 chars)

   Welcome home to this charming Downtown Linden gem! Full of character and timeless appeal, this 2 bedroom home offers the perfect blend of 1920s charm and modern updates. Beautiful hardwood floors, fresh paint, updated windows, and thoughtful improvements throughout create a move-in ready space you'll love coming home to. The spacious living areas are filled with natural light and classic details, while the finished lower level offers a third bedroom, home office, or flex space to fit your needs. Egress window with a full bathroom. Step outside and enjoy the large yard, detached garage, and inviting neighborhood setting. As an added bonus, residents enjoy access to Walnut Lake Park on Byram Lake, providing opportunities for swimming, fishing, kayaking, and enjoying the outdoors all summer long. Located just a short walk, bike ride, or golf cart ride from vibrant Downtown Linden, you'll love being close to local restaurants, shops, parks, and community events. If you've been searching for a home with charm, updates, and lake access, this is one you won't want to miss

8. 2012-10-05
   soldstatus $52,000 276-char remark

   Show marketing remark (276 chars)

   This is the one you have been waiting for! Wonderful home close to schools and the beautiful downtown of the city of Linden. This home has it all. From the cozy interior to the beautiful baths, this one is a must see, but you must see it today or this gem is sure to be gone!

9. 2012-10-05
   soldstatus $52,000

   Show marketing remark (276 chars)

   This is the one you have been waiting for! Wonderful home close to schools and the beautiful downtown of the city of Linden. This home has it all. From the cozy interior to the beautiful baths, this one is a must see, but you must see it today or this gem is sure to be gone!

10. 2012-10-05
    soldstatus $52,000

    Show marketing remark (276 chars)

    This is the one you have been waiting for! Wonderful home close to schools and the beautiful downtown of the city of Linden. This home has it all. From the cozy interior to the beautiful baths, this one is a must see, but you must see it today or this gem is sure to be gone!

11. 2012-10-05
    soldstatus $52,000

    Show marketing remark (276 chars)

    This is the one you have been waiting for! Wonderful home close to schools and the beautiful downtown of the city of Linden. This home has it all. From the cozy interior to the beautiful baths, this one is a must see, but you must see it today or this gem is sure to be gone!

12. 2012-07-30
    historical 276-char remark

    Show marketing remark (276 chars)

    This is the one you have been waiting for! Wonderful home close to schools and the beautiful downtown of the city of Linden. This home has it all. From the cozy interior to the beautiful baths, this one is a must see, but you must see it today or this gem is sure to be gone!

13. 2012-07-30
    historical

    Show marketing remark (276 chars)

    This is the one you have been waiting for! Wonderful home close to schools and the beautiful downtown of the city of Linden. This home has it all. From the cozy interior to the beautiful baths, this one is a must see, but you must see it today or this gem is sure to be gone!

14. 2012-05-02
    listed $63,000 276-char remark

    Show marketing remark (276 chars)

    This is the one you have been waiting for! Wonderful home close to schools and the beautiful downtown of the city of Linden. This home has it all. From the cozy interior to the beautiful baths, this one is a must see, but you must see it today or this gem is sure to be gone!

15. 2012-05-02
    listed $63,000

    Show marketing remark (276 chars)

    This is the one you have been waiting for! Wonderful home close to schools and the beautiful downtown of the city of Linden. This home has it all. From the cozy interior to the beautiful baths, this one is a must see, but you must see it today or this gem is sure to be gone!

16. 2012-05-02
    listed $63,000

    Show marketing remark (276 chars)

    This is the one you have been waiting for! Wonderful home close to schools and the beautiful downtown of the city of Linden. This home has it all. From the cozy interior to the beautiful baths, this one is a must see, but you must see it today or this gem is sure to be gone!

17. 2012-05-02
    listed $63,000

    Show marketing remark (276 chars)

    This is the one you have been waiting for! Wonderful home close to schools and the beautiful downtown of the city of Linden. This home has it all. From the cozy interior to the beautiful baths, this one is a must see, but you must see it today or this gem is sure to be gone!

18. 2003-06-10
    soldstatus $130,000
19. 2003-05-14
    soldstatus $130,000
20. 2003-02-18
    listed $132,000
21. 2000-11-09
    soldstatus $119,000
22. 2000-10-31
    soldstatus $119,000
23. 2000-10-31
    soldstatus $119,000
24. 2000-09-29
    historical
25. 2000-09-18
    listed $119,900
26. 2000-09-18
    listed $119,900
27. 1998-06-02
    soldstatus $100,000
28. 1998-05-22
    soldstatus $100,000
29. 1998-05-22
    soldstatus $100,000
30. 1998-04-22
    historical
31. 1997-10-24
    listed $105,900
32. 1997-10-24
    listed $105,900
33. 1997-10-23
    listed $105,900
34. 1997-08-14
    historical
35. 1997-08-14
    historical
36. 1997-06-16
    listed $109,500
37. 1997-06-14
    listed $109,500

ⓘ 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: $2,329 · $194/mo
• Projected year-2 tax: $2,974 · $248/mo
• Expected delta: +$645/yr (+$54/mo · 27.7%)

ⓘ 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: $28,740
• − Mortgage interest: −$13,164
• − Property taxes: −$2,329
• − Insurance: −$1,175
• − Repairs & maintenance: −$2,299
• − Management: −$2,299
• − Depreciation: −$6,836
• Taxable income: $638
• Est. tax owed @ 24.0%: −$153
• After-tax cash flow: $4,260/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: Linden Community Schools
• NCES district ID: 2621690
• Math proficiency: 38% ▼ -18.00%
• Reading proficiency: 54% ▼ -10.00%
• Median HH income: $69,129
• Composite: 41.24/100
• National rank: #3532
• State rank: #119 of 540 in MI

Livability — Linden

• Score: 74/100
• State rank: #170
• US rank: #4456

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 15,993

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 (92%)
• Race & ethnicity: White 92% Two or more races 3% Black 2% Hispanic / Latino 2%
• Common ancestry: Romanian 6% Lithuanian 4% Slovak 4%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Arabic 2% Spanish 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: ▼ -218.03%
• Current HPI: 260.4332
• 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

+114.6% since first listed

33 events — show timeline

• 2026-05-29 Listed $234,999 MiRealSource-MiMLS
• 2026-05-29 Listed $234,999 REALCOMP
• 2026-05-28 Coming Soon $234,999 MiRealSource-MiMLS
• 2012-10-05 Sold (MLS) $52,000 MiRealSource-MiMLS
• 2012-10-05 Sold (MLS) $52,000 MiRealSource-MiMLS
• 2012-10-05 Sold (MLS) $52,000 REALCOMP
• 2012-10-05 Sold (MLS) $52,000 REALCOMP
• 2012-07-30 Listing Removed — MiRealSource-MiMLS
• 2012-07-30 Listing Removed — REALCOMP
• 2012-05-02 Listed $63,000 MiRealSource-MiMLS
• 2012-05-02 Listed $63,000 MiRealSource-MiMLS
• 2012-05-02 Listed $63,000 REALCOMP
• 2012-05-02 Listed $63,000 REALCOMP
• 2003-06-10 Sold (Public Records) $130,000 Public Records
• 2003-05-14 Sold (MLS) $130,000 REALCOMP
• 2003-02-18 Listed $132,000 REALCOMP
• 2000-11-09 Sold (Public Records) $119,000 Public Records
• 2000-10-31 Sold (MLS) $119,000 REALCOMP
• 2000-10-31 Sold (MLS) $119,000 MiRealSource-MiMLS
• 2000-09-29 Listing Removed — MiRealSource-MiMLS
• 2000-09-18 Listed $119,900 REALCOMP
• 2000-09-18 Listed $119,900 MiRealSource-MiMLS
• 1998-06-02 Sold (MLS) $100,000 REALCOMP
• 1998-05-22 Sold (MLS) $100,000 REALCOMP
• 1998-05-22 Sold (MLS) $100,000 MiRealSource-MiMLS
• 1998-04-22 Listing Removed — MiRealSource-MiMLS
• 1997-10-24 Listed $105,900 REALCOMP
• 1997-10-24 Listed $105,900 MiRealSource-MiMLS
• 1997-10-23 Listed $105,900 REALCOMP
• 1997-08-14 Listing Removed — REALCOMP
• 1997-08-14 Listing Removed — MiRealSource-MiMLS
• 1997-06-16 Listed $109,500 MiRealSource-MiMLS
• 1997-06-14 Listed $109,500 REALCOMP

Property tax history

+2.8%/yr

Latest (2025): $2,329 · -8.2% YoY. Source: county tax records.