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27517 Sheridan St
F Composite 26.75
Why this score? — see what drove the F 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 +8.5/30.0
  • Livability +4.1/5.0
  • Rent growth +3.4/5.0
  • 1% rule +3.3/10.0
  • Schools +2.6/10.0
  • Condition / age +2.5/5.0
  • DSCR +2.3/10.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$239,900

27517 Sheridan St · Garden City, MI 48135
4 bd · 1.0 ba · 1,368 sqft · SingleFamily public records · 42 Days on market
Built 1941 9,148 sqft lot Est $192k · 25% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome home to this 4 bedroom 2 bath bungalow located in the heart of Garden City. This spacious home features a large family room with a cozy fireplace and plenty of room for entertaining family and friends. The open concept kitchen has been updated with newer countertops and cabinetry, offering both style and functionality with plenty of cabinet and counter space. Both full bathrooms have been recently renovated, giving the home a fresh and modern feel. The layout includes two bedrooms on the main level and two bedrooms upstairs, providing flexibility for families, guests, or a home office set up. Situated on a large corner lot, the property also includes a 2 car attached garage and a storage shed for all your extra tools and equipment. With generous living space, thoughtful updates, and a great location, this home is move in ready and waiting for its next owner. Schedule your showing today.

Key facts

  • Large family room
  • Open concept kitchen
  • Newer countertops

Tags

LARGE FAMILY ROOMCOZY FIREPLACEOPEN CONCEPT KITCHENNEWER COUNTERTOPSUPDATED CABINETRYRECENTLY RENOVATED BATHROOMS

Property features AI

Exterior

  • Parking: Attached 2-car garage
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; One and one-half stories; Ground-level entry; Aluminum siding
  • Construction: Slab foundation; Aluminum siding construction
  • Exterior features: Paved road access; Lot approximately 0.21 acres (83 x 110)

Interior

  • Kitchen: Dishwasher; Free-standing electric range; Free-standing refrigerator; Microwave
  • Bathrooms: Two full bathrooms
  • Heating & cooling: Baseboard heating (electric); Ceiling fans; No central air
  • Interior features: Fireplace in the family room; Crawl space foundation
  • Laundry & utility: Washer; Dryer

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/1.0-bath single-family listed at $240k.

Deal economics

  • At list price, monthly cash flow is $-210 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $203k (15.5% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $200k (16.7% below list).
  • Recommended offer: $200k (16.7% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 82/100 on livability (#53 in MI, #1,047 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, commute A; Watch: employment C-, schools D-.
  • Garden City Public Schools (suburban): math 22% / reading 36% proficiency, ranked #365 of 540 in MI (top 68%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: Rents rising (+3.6%/yr); 134 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
  • This rent runs 36% of the median local income ($67k/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 $2k of loan paydown is wiped out by about $7k 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 42 days — a 3% lower offer ($233k) is reasonable based on typical stale-listing flexibility.
  • 9 sale attempts since 23y 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 $185k; 30% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $199,877 (16.7% 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 42 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
  3. Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. 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?
  7. 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.
  8. 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.
  9. 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
0.83%
Cap rate
5.24%
Cash-on-cash
-3.75%
DSCR
0.83
GRM
10.0

CMA / ARV

ARV (on-the-fly)
$191,520
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1026 Cardwell St 0.15mi 3/1.0 (-1) 1,435 (+5%) 10mo $255,000 $178 72
1722 Deering St 0.45mi 4/2.0 1,320 (-4%) 0mo $165,000 $125 69
28612 Donnelly St 0.73mi 3/1.5 (-1) 1,363 (-0%) 2mo $269,000 $197 57
28315 Sheridan St 0.38mi 3/2.0 (-1) 1,461 (+7%) 8mo $168,500 $115 56
27837 Cherry Hill Rd 0.43mi 3/1.0 (-1) 1,462 (+7%) 9mo $205,000 $140 56
537 Helen St 0.68mi 3/2.0 (-1) 1,400 (+2%) 8mo $155,000 $111 49
28626 Bock St 0.71mi 3/1.5 (-1) 1,333 (-3%) 9mo $190,000 $143 48
201 Cardwell St 0.46mi 3/2.5 (-1) 1,240 (-9%) 6mo $65,000 $52 47
1145 Gilman St 0.37mi 3/1.0 (-1) 1,554 (+14%) 10mo $246,500 $159 46
28660 Rosslyn Ave 0.61mi 3/2.0 (-1) 1,450 (+6%) 10mo $235,000 $162 45
324 Tromley St 0.51mi 3/1.0 (-1) 1,200 (-12%) 9mo $1,250 $1 43
256 Brentwood St 0.65mi 3/1.0 (-1) 1,190 (-13%) 6mo $135,000 $113 38

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 · 3.65% rent growth · sell at horizon

5-year hold
IRR
-21.7%
Equity multiple
0.24×
Total profit
$-50,812
Equity at exit
$35,770
10-year hold
IRR
-13.8%
Equity multiple
0.17×
Total profit
$-55,535
Equity at exit
$20,742

Cash invested: $67,172 (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.

ZIP-level market 48135

Rents YoY
3.6%
Active inventory
134
Price-to-rent
10.0×

Monthly cashflow live

Estimated rent
$1,999 high interval (Pro) →
Mortgage (P&I)
$1,258
Tax from tax record
$431 /mo · $5,170/yr
Insurance
$100
HOA
$0
Vacancy / Maint / Mgmt
$420
Net cashflow
$-210

Break-even live

Break-even rent $2,264
Max offer price $202,832
Occupancy floor

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
$59,975
Closing costs
$7,197
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 15 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
641 Gilman St Garden City, MI 3.0 1.0 1300 $2,600 $2.00 16d 1 0.32mi
5839 Helen St Garden City, MI 3.0 1.0 984 $1,500 $1.52 24d 1 0.82mi
5927 Lathers St Garden City, MI 3.0 1.0 1000 $1,600 $1.60 1d 1 0.91mi
27184 Lucerne Dr Inkster, MI 3.0 1.0 1100 $1,250 $1.14 43d 1 1.01mi
1150 Magnolia Dr Inkster, MI 3.0 1.0 900 $1,300 $1.44 24d 1 1.04mi
6365 Helen St Garden City, MI 3.0 1.0 1195 $1,650 $1.38 10d 1 1.09mi
536 N Leona Ave Garden City, MI 3.0 1.0 1000 $1,440 $1.44 12d 1 1.17mi
572 Tobin Dr Inkster, MI 1.0–3.0 1.0–2.0 936 $1,600 $1.71 1d 22 1.27mi
29203 Oakwood St Inkster, MI 3.0 1.5 912 $1,600 $1.75 1d 1 1.27mi
5722 Centralia St Dearborn Heights, MI 3.0 1.0 999 $1,750 $1.75 1d 1 1.27mi
29061 Balmoral St Garden City, MI 3.0 1.0 1850 $2,250 $1.22 16d 1 1.29mi
26620 Baldwin St Dearborn Heights, MI 3.0 1.5 1156 $1,800 $1.56 1d 1 1.33mi
29800 Oakwood St Inkster, MI 3.0 1.0 1040 $1,400 $1.35 12d 1 1.43mi
6810 Rosemary St Dearborn Heights, MI 3.0 1.5 1700 $2,000 $1.18 1d 1 1.48mi
30043 Grandview St Unit 1 Inkster, MI 3.0 1.5 1004 $1,275 $1.27 43d 1 1.50mi

Listing history 50 events

  1. 2026-06-18
    days on market $239,900 Active 42 DOM
  2. 2026-06-17
    days on market $239,900 Active 41 DOM
  3. 2026-06-16
    days on market $239,900 Active 40 DOM
  4. 2026-06-15
    days on market $239,900 Active 39 DOM
  5. 2026-06-13
    days on market $239,900 Active 37 DOM
  6. 2026-06-13
    days on market $239,900 Active 36 DOM
  7. 2026-06-09
    days on market $239,900 Active 33 DOM
  8. 2026-06-08
    days on market $239,900 Active 32 DOM
  9. 2026-06-07
    days on market $239,900 Active 31 DOM
  10. 2026-06-04
    days on market $239,900 Active 28 DOM
  11. 2026-06-03
    days on market $239,900 Active 27 DOM
  12. 2026-06-02
    days on market $239,900 Active 26 DOM
  13. 2026-06-01
    days on market $239,900 Active 25 DOM
  14. 2026-05-31
    days on market $239,900 Active 24 DOM
  15. 2026-05-07
    listed $249,900 Active 907-char remark
    Show marketing remark (907 chars)

    Welcome home to this 4 bedroom 2 bath bungalow located in the heart of Garden City. This spacious home features a large family room with a cozy fireplace and plenty of room for entertaining family and friends. The open concept kitchen has been updated with newer countertops and cabinetry, offering both style and functionality with plenty of cabinet and counter space. Both full bathrooms have been recently renovated, giving the home a fresh and modern feel. The layout includes two bedrooms on the main level and two bedrooms upstairs, providing flexibility for families, guests, or a home office set up. Situated on a large corner lot, the property also includes a 2 car attached garage and a storage shed for all your extra tools and equipment. With generous living space, thoughtful updates, and a great location, this home is move in ready and waiting for its next owner. Schedule your showing today.

  16. 2026-05-07
    listed $249,900 Active
    Show marketing remark (907 chars)

    Welcome home to this 4 bedroom 2 bath bungalow located in the heart of Garden City. This spacious home features a large family room with a cozy fireplace and plenty of room for entertaining family and friends. The open concept kitchen has been updated with newer countertops and cabinetry, offering both style and functionality with plenty of cabinet and counter space. Both full bathrooms have been recently renovated, giving the home a fresh and modern feel. The layout includes two bedrooms on the main level and two bedrooms upstairs, providing flexibility for families, guests, or a home office set up. Situated on a large corner lot, the property also includes a 2 car attached garage and a storage shed for all your extra tools and equipment. With generous living space, thoughtful updates, and a great location, this home is move in ready and waiting for its next owner. Schedule your showing today.

  17. 2024-07-11
    soldstatus $185,000
  18. 2024-06-24
    soldstatus $185,000 Sold 1210-char remark
    Show marketing remark (1210 chars)

    This charming 4-bedroom, 2-full-bath Bungalow is located on a large corner lot in beautiful Garden City. Large open concept eat-in kitchen. Kitchen was updated in 2020 with paint, brand new countertops, wooden cabinets, and ceramic flooring. Just off the kitchen is the living room and huge family room with fireplace. This home has first floor laundry!! House has two bedrooms on main floor and two bedrooms upstairs. Both full baths were completely updated in 2020 and are on the main floor with one between the two main floor bedrooms and the other just off the family room. House has a massive driveway on side of house as well as additional parking behind house, plenty of room for all your vehicles and recreational toys. Two car garage is equipped with electrical and garage door opener. The property also has a large shed on the side of the house with its own electrical panel. Can be used as workshop, storage area, or even children’s play area or hang out spot. There is another steel shed in back of home providing even more storage space. Large fenced in yard. The boiler was updated in 2018. Appliances Included with purchase!! Don’t miss this opportunity to make this house your home!

  19. 2024-06-24
    soldstatus $185,000 Closed
    Show marketing remark (1210 chars)

    This charming 4-bedroom, 2-full-bath Bungalow is located on a large corner lot in beautiful Garden City. Large open concept eat-in kitchen. Kitchen was updated in 2020 with paint, brand new countertops, wooden cabinets, and ceramic flooring. Just off the kitchen is the living room and huge family room with fireplace. This home has first floor laundry!! House has two bedrooms on main floor and two bedrooms upstairs. Both full baths were completely updated in 2020 and are on the main floor with one between the two main floor bedrooms and the other just off the family room. House has a massive driveway on side of house as well as additional parking behind house, plenty of room for all your vehicles and recreational toys. Two car garage is equipped with electrical and garage door opener. The property also has a large shed on the side of the house with its own electrical panel. Can be used as workshop, storage area, or even children’s play area or hang out spot. There is another steel shed in back of home providing even more storage space. Large fenced in yard. The boiler was updated in 2018. Appliances Included with purchase!! Don’t miss this opportunity to make this house your home!

  20. 2024-06-05
    status Pending
    Show marketing remark (1210 chars)

    This charming 4-bedroom, 2-full-bath Bungalow is located on a large corner lot in beautiful Garden City. Large open concept eat-in kitchen. Kitchen was updated in 2020 with paint, brand new countertops, wooden cabinets, and ceramic flooring. Just off the kitchen is the living room and huge family room with fireplace. This home has first floor laundry!! House has two bedrooms on main floor and two bedrooms upstairs. Both full baths were completely updated in 2020 and are on the main floor with one between the two main floor bedrooms and the other just off the family room. House has a massive driveway on side of house as well as additional parking behind house, plenty of room for all your vehicles and recreational toys. Two car garage is equipped with electrical and garage door opener. The property also has a large shed on the side of the house with its own electrical panel. Can be used as workshop, storage area, or even children’s play area or hang out spot. There is another steel shed in back of home providing even more storage space. Large fenced in yard. The boiler was updated in 2018. Appliances Included with purchase!! Don’t miss this opportunity to make this house your home!

  21. 2024-06-05
    status Pending 1210-char remark
    Show marketing remark (1210 chars)

    This charming 4-bedroom, 2-full-bath Bungalow is located on a large corner lot in beautiful Garden City. Large open concept eat-in kitchen. Kitchen was updated in 2020 with paint, brand new countertops, wooden cabinets, and ceramic flooring. Just off the kitchen is the living room and huge family room with fireplace. This home has first floor laundry!! House has two bedrooms on main floor and two bedrooms upstairs. Both full baths were completely updated in 2020 and are on the main floor with one between the two main floor bedrooms and the other just off the family room. House has a massive driveway on side of house as well as additional parking behind house, plenty of room for all your vehicles and recreational toys. Two car garage is equipped with electrical and garage door opener. The property also has a large shed on the side of the house with its own electrical panel. Can be used as workshop, storage area, or even children’s play area or hang out spot. There is another steel shed in back of home providing even more storage space. Large fenced in yard. The boiler was updated in 2018. Appliances Included with purchase!! Don’t miss this opportunity to make this house your home!

  22. 2024-06-01
    historical Accepting Backup Offers
    Show marketing remark (1210 chars)

    This charming 4-bedroom, 2-full-bath Bungalow is located on a large corner lot in beautiful Garden City. Large open concept eat-in kitchen. Kitchen was updated in 2020 with paint, brand new countertops, wooden cabinets, and ceramic flooring. Just off the kitchen is the living room and huge family room with fireplace. This home has first floor laundry!! House has two bedrooms on main floor and two bedrooms upstairs. Both full baths were completely updated in 2020 and are on the main floor with one between the two main floor bedrooms and the other just off the family room. House has a massive driveway on side of house as well as additional parking behind house, plenty of room for all your vehicles and recreational toys. Two car garage is equipped with electrical and garage door opener. The property also has a large shed on the side of the house with its own electrical panel. Can be used as workshop, storage area, or even children’s play area or hang out spot. There is another steel shed in back of home providing even more storage space. Large fenced in yard. The boiler was updated in 2018. Appliances Included with purchase!! Don’t miss this opportunity to make this house your home!

  23. 2024-06-01
    historical Accepting Backup Offers 1210-char remark
    Show marketing remark (1210 chars)

    This charming 4-bedroom, 2-full-bath Bungalow is located on a large corner lot in beautiful Garden City. Large open concept eat-in kitchen. Kitchen was updated in 2020 with paint, brand new countertops, wooden cabinets, and ceramic flooring. Just off the kitchen is the living room and huge family room with fireplace. This home has first floor laundry!! House has two bedrooms on main floor and two bedrooms upstairs. Both full baths were completely updated in 2020 and are on the main floor with one between the two main floor bedrooms and the other just off the family room. House has a massive driveway on side of house as well as additional parking behind house, plenty of room for all your vehicles and recreational toys. Two car garage is equipped with electrical and garage door opener. The property also has a large shed on the side of the house with its own electrical panel. Can be used as workshop, storage area, or even children’s play area or hang out spot. There is another steel shed in back of home providing even more storage space. Large fenced in yard. The boiler was updated in 2018. Appliances Included with purchase!! Don’t miss this opportunity to make this house your home!

  24. 2024-05-24
    price $185,000
    Show marketing remark (1210 chars)

    This charming 4-bedroom, 2-full-bath Bungalow is located on a large corner lot in beautiful Garden City. Large open concept eat-in kitchen. Kitchen was updated in 2020 with paint, brand new countertops, wooden cabinets, and ceramic flooring. Just off the kitchen is the living room and huge family room with fireplace. This home has first floor laundry!! House has two bedrooms on main floor and two bedrooms upstairs. Both full baths were completely updated in 2020 and are on the main floor with one between the two main floor bedrooms and the other just off the family room. House has a massive driveway on side of house as well as additional parking behind house, plenty of room for all your vehicles and recreational toys. Two car garage is equipped with electrical and garage door opener. The property also has a large shed on the side of the house with its own electrical panel. Can be used as workshop, storage area, or even children’s play area or hang out spot. There is another steel shed in back of home providing even more storage space. Large fenced in yard. The boiler was updated in 2018. Appliances Included with purchase!! Don’t miss this opportunity to make this house your home!

  25. 2024-05-24
    price $185,000 1210-char remark
    Show marketing remark (1210 chars)

    This charming 4-bedroom, 2-full-bath Bungalow is located on a large corner lot in beautiful Garden City. Large open concept eat-in kitchen. Kitchen was updated in 2020 with paint, brand new countertops, wooden cabinets, and ceramic flooring. Just off the kitchen is the living room and huge family room with fireplace. This home has first floor laundry!! House has two bedrooms on main floor and two bedrooms upstairs. Both full baths were completely updated in 2020 and are on the main floor with one between the two main floor bedrooms and the other just off the family room. House has a massive driveway on side of house as well as additional parking behind house, plenty of room for all your vehicles and recreational toys. Two car garage is equipped with electrical and garage door opener. The property also has a large shed on the side of the house with its own electrical panel. Can be used as workshop, storage area, or even children’s play area or hang out spot. There is another steel shed in back of home providing even more storage space. Large fenced in yard. The boiler was updated in 2018. Appliances Included with purchase!! Don’t miss this opportunity to make this house your home!

  26. 2024-05-11
    price $199,999
  27. 2024-05-10
    price $199,999 1210-char remark
    Show marketing remark (1210 chars)

    This charming 4-bedroom, 2-full-bath Bungalow is located on a large corner lot in beautiful Garden City. Large open concept eat-in kitchen. Kitchen was updated in 2020 with paint, brand new countertops, wooden cabinets, and ceramic flooring. Just off the kitchen is the living room and huge family room with fireplace. This home has first floor laundry!! House has two bedrooms on main floor and two bedrooms upstairs. Both full baths were completely updated in 2020 and are on the main floor with one between the two main floor bedrooms and the other just off the family room. House has a massive driveway on side of house as well as additional parking behind house, plenty of room for all your vehicles and recreational toys. Two car garage is equipped with electrical and garage door opener. The property also has a large shed on the side of the house with its own electrical panel. Can be used as workshop, storage area, or even children’s play area or hang out spot. There is another steel shed in back of home providing even more storage space. Large fenced in yard. The boiler was updated in 2018. Appliances Included with purchase!! Don’t miss this opportunity to make this house your home!

  28. 2024-05-04
    price $205,000
  29. 2024-05-03
    price $205,000 1210-char remark
    Show marketing remark (1210 chars)

    This charming 4-bedroom, 2-full-bath Bungalow is located on a large corner lot in beautiful Garden City. Large open concept eat-in kitchen. Kitchen was updated in 2020 with paint, brand new countertops, wooden cabinets, and ceramic flooring. Just off the kitchen is the living room and huge family room with fireplace. This home has first floor laundry!! House has two bedrooms on main floor and two bedrooms upstairs. Both full baths were completely updated in 2020 and are on the main floor with one between the two main floor bedrooms and the other just off the family room. House has a massive driveway on side of house as well as additional parking behind house, plenty of room for all your vehicles and recreational toys. Two car garage is equipped with electrical and garage door opener. The property also has a large shed on the side of the house with its own electrical panel. Can be used as workshop, storage area, or even children’s play area or hang out spot. There is another steel shed in back of home providing even more storage space. Large fenced in yard. The boiler was updated in 2018. Appliances Included with purchase!! Don’t miss this opportunity to make this house your home!

  30. 2024-02-21
    price $215,000
    Show marketing remark (1210 chars)

    This charming 4-bedroom, 2-full-bath Bungalow is located on a large corner lot in beautiful Garden City. Large open concept eat-in kitchen. Kitchen was updated in 2020 with paint, brand new countertops, wooden cabinets, and ceramic flooring. Just off the kitchen is the living room and huge family room with fireplace. This home has first floor laundry!! House has two bedrooms on main floor and two bedrooms upstairs. Both full baths were completely updated in 2020 and are on the main floor with one between the two main floor bedrooms and the other just off the family room. House has a massive driveway on side of house as well as additional parking behind house, plenty of room for all your vehicles and recreational toys. Two car garage is equipped with electrical and garage door opener. The property also has a large shed on the side of the house with its own electrical panel. Can be used as workshop, storage area, or even children’s play area or hang out spot. There is another steel shed in back of home providing even more storage space. Large fenced in yard. The boiler was updated in 2018. Appliances Included with purchase!! Don’t miss this opportunity to make this house your home!

  31. 2024-02-21
    price $215,000 1210-char remark
    Show marketing remark (1210 chars)

    This charming 4-bedroom, 2-full-bath Bungalow is located on a large corner lot in beautiful Garden City. Large open concept eat-in kitchen. Kitchen was updated in 2020 with paint, brand new countertops, wooden cabinets, and ceramic flooring. Just off the kitchen is the living room and huge family room with fireplace. This home has first floor laundry!! House has two bedrooms on main floor and two bedrooms upstairs. Both full baths were completely updated in 2020 and are on the main floor with one between the two main floor bedrooms and the other just off the family room. House has a massive driveway on side of house as well as additional parking behind house, plenty of room for all your vehicles and recreational toys. Two car garage is equipped with electrical and garage door opener. The property also has a large shed on the side of the house with its own electrical panel. Can be used as workshop, storage area, or even children’s play area or hang out spot. There is another steel shed in back of home providing even more storage space. Large fenced in yard. The boiler was updated in 2018. Appliances Included with purchase!! Don’t miss this opportunity to make this house your home!

  32. 2024-01-30
    listed $225,000 Active 1210-char remark
    Show marketing remark (1210 chars)

    This charming 4-bedroom, 2-full-bath Bungalow is located on a large corner lot in beautiful Garden City. Large open concept eat-in kitchen. Kitchen was updated in 2020 with paint, brand new countertops, wooden cabinets, and ceramic flooring. Just off the kitchen is the living room and huge family room with fireplace. This home has first floor laundry!! House has two bedrooms on main floor and two bedrooms upstairs. Both full baths were completely updated in 2020 and are on the main floor with one between the two main floor bedrooms and the other just off the family room. House has a massive driveway on side of house as well as additional parking behind house, plenty of room for all your vehicles and recreational toys. Two car garage is equipped with electrical and garage door opener. The property also has a large shed on the side of the house with its own electrical panel. Can be used as workshop, storage area, or even children’s play area or hang out spot. There is another steel shed in back of home providing even more storage space. Large fenced in yard. The boiler was updated in 2018. Appliances Included with purchase!! Don’t miss this opportunity to make this house your home!

  33. 2024-01-30
    listed $225,000 Active
    Show marketing remark (1210 chars)

    This charming 4-bedroom, 2-full-bath Bungalow is located on a large corner lot in beautiful Garden City. Large open concept eat-in kitchen. Kitchen was updated in 2020 with paint, brand new countertops, wooden cabinets, and ceramic flooring. Just off the kitchen is the living room and huge family room with fireplace. This home has first floor laundry!! House has two bedrooms on main floor and two bedrooms upstairs. Both full baths were completely updated in 2020 and are on the main floor with one between the two main floor bedrooms and the other just off the family room. House has a massive driveway on side of house as well as additional parking behind house, plenty of room for all your vehicles and recreational toys. Two car garage is equipped with electrical and garage door opener. The property also has a large shed on the side of the house with its own electrical panel. Can be used as workshop, storage area, or even children’s play area or hang out spot. There is another steel shed in back of home providing even more storage space. Large fenced in yard. The boiler was updated in 2018. Appliances Included with purchase!! Don’t miss this opportunity to make this house your home!

  34. 2022-11-16
    soldstatus $105,000
  35. 2019-04-23
    soldstatus $105,000
  36. 2019-04-08
    soldstatus $105,000 Sold
  37. 2019-04-08
    soldstatus $105,000 Closed
  38. 2019-02-28
    status Pending
  39. 2019-02-27
    status Pending
  40. 2019-02-14
    listed $105,900 Active
  41. 2019-02-14
    listed $105,900 Active
  42. 2012-10-30
    soldstatus $23,400
  43. 2012-10-30
    soldstatus $23,400
  44. 2012-09-06
    historical
  45. 2012-09-06
    historical
  46. 2012-08-29
    listed $31,680
  47. 2012-08-29
    listed $31,680
  48. 2003-11-17
    soldstatus $157,400
  49. 2003-10-11
    soldstatus $157,500
  50. 2003-06-13
    listed $152,900

ⓘ 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
$5,170 · $431/mo
Projected year-2 tax
$5,170 · $431/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ 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 ≥98°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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$23,985
− Mortgage interest
−$13,438
− Property taxes
−$5,170
− Insurance
−$1,200
− Repairs & maintenance
−$1,919
− Management
−$1,919
− Depreciation
−$6,979
Taxable loss
−$6,639
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,593
After-tax cash flow
$-925/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
Garden City Public Schools
NCES district ID
2615540
Math proficiency
22% ▼ -11.00%
Reading proficiency
36% ▼ -13.00%
Median HH income
$52,165
Composite
25.53/100
National rank
#7433
State rank
#365 of 540 in MI

Livability — Garden City

Score
82/100
State rank
#53
US rank
#1047

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Garden City, MI
County
Wayne County · 1,562,939 people
City population
26,739
Metro
Detroit-Warren-Dearborn, MI
Population (ZIP)
26,739
Household income
$67,294
Rent vs Own
20.9% rent · 79.1% own
Severe rent burden
509.0

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 White (82%)
Race & ethnicity
White 82% Two or more races 8% Black 7% Hispanic / Latino 5%
Hispanic origin (detail)
Mexican 5%
Common ancestry
Romanian 13% Italian 4% Slovak 3%
Foreign-born
4% · Canada
Languages at home
94% English-only · Arabic 3% Spanish 1% 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
▼ -265.28%
Current HPI
212.5713
Rent YoY
▲ 3.65%
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

Price history

+63.4% since first listed
36 events — show timeline
  • 2026-05-07 Listed $249,900 REALCOMP
  • 2026-05-07 Listed $249,900 MiRealSource-MiMLS
  • 2024-07-11 Sold (Public Records) $185,000 Public Records
  • 2024-06-24 Sold (MLS) $185,000 MiRealSource-MiMLS
  • 2024-06-24 Sold (MLS) $185,000 REALCOMP
  • 2024-06-05 Pending MiRealSource-MiMLS
  • 2024-06-05 Pending REALCOMP
  • 2024-06-01 Contingent MiRealSource-MiMLS
  • 2024-06-01 Contingent REALCOMP
  • 2024-05-24 Price Changed $185,000 MiRealSource-MiMLS
  • 2024-05-24 Price Changed $185,000 REALCOMP
  • 2024-05-11 Price Changed $199,999 MiRealSource-MiMLS
  • 2024-05-10 Price Changed $199,999 REALCOMP
  • 2024-05-04 Price Changed $205,000 MiRealSource-MiMLS
  • 2024-05-03 Price Changed $205,000 REALCOMP
  • 2024-02-21 Price Changed $215,000 MiRealSource-MiMLS
  • 2024-02-21 Price Changed $215,000 REALCOMP
  • 2024-01-30 Listed $225,000 MiRealSource-MiMLS
  • 2024-01-30 Listed $225,000 REALCOMP
  • 2022-11-16 Sold (Public Records) $105,000 Public Records
  • 2019-04-23 Sold (Public Records) $105,000 Public Records
  • 2019-04-08 Sold (MLS) $105,000 MiRealSource-MiMLS
  • 2019-04-08 Sold (MLS) $105,000 REALCOMP
  • 2019-02-28 Pending REALCOMP
  • 2019-02-27 Pending MiRealSource-MiMLS
  • 2019-02-14 Listed $105,900 MiRealSource-MiMLS
  • 2019-02-14 Listed $105,900 REALCOMP
  • 2012-10-30 Sold (MLS) $23,400 MiRealSource-MiMLS
  • 2012-10-30 Sold (MLS) $23,400 REALCOMP
  • 2012-09-06 Listing Removed MiRealSource-MiMLS
  • 2012-09-06 Listing Removed REALCOMP
  • 2012-08-29 Listed $31,680 MiRealSource-MiMLS
  • 2012-08-29 Listed $31,680 REALCOMP
  • 2003-11-17 Sold (Public Records) $157,400 Public Records
  • 2003-10-11 Sold (MLS) $157,500 REALCOMP
  • 2003-06-13 Listed $152,900 REALCOMP

Property tax history

+5.5%/yr

Latest (2025): $5,170 · +6.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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