28999 Beechnut St · Inkster, MI 48141

$179,900

3 bd · 1.0 ba · 1,008 sqft · SingleFamily public records · 4 Days on market

Built 1953 8,712 sqft lot Est $160k · 12% over

---

Why this score? — see what drove the D- 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 +16.1/30.0
• DSCR +5.0/10.0
• 1% rule +3.6/10.0
• Livability +3.4/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• ARV discount +2.0/15.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

WELCOME TO YOUR NEXT HOME! This freshly renovated ranch is packed with style, comfort, and natural brightness throughout. Featuring 3 bedrooms and 1 updated bathroom, the home offers a light-filled living room perfect for relaxing or entertaining. The updated kitchen features crisp white cabinets, sleek black granite countertops, and a modern touch that blends style and functionality. Enjoy the abundance of brightness throughout the home, along with recent renovations including fresh paint, updated kitchen and bathroom, and new flooring throughout. New house roof, oversized fenced yard with 2-car detached garage. A perfect opportunity for homeowners seeking comfort, style, and convenience!

Key facts

• Updated kitchen
• New house roof
• 8,712 sq ft lot

Tags

• FRESHLY RENOVATED RANCH
• LIGHT FILLED LIVING ROOM
• UPDATED KITCHEN
• BLACK GRANITE COUNTERTOPS
• OVERSIZED FENCED YARD
• NEW HOUSE ROOF

Property features AI

Finance

• Other: Directions: Beech Daly & Cherry Hill Road; Cross street: Beech Daly & Cherry Hill Road; Listing broker: RE/MAX Leading Edge
• Financial info: No additional financial details provided
• HOA & community: Subdivision: BEL-AIRE MEADOWS SUB

Exterior

• Parking: Detached 2-car garage
• Security: No security details provided
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One level; Ground-level entry with steps; Brick construction
• Construction: Brick exterior; One-story
• Exterior features: Back yard fencing; Paved road access

Interior

• Kitchen: No kitchen appliance details provided
• Bedrooms: 5 total rooms (includes bedrooms and other living spaces)
• Flooring: No flooring details provided
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); Central air conditioning; Ceiling fan(s)
• Interior features: Gas water heater; Unfinished basement
• Laundry & utility: No laundry details provided

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $91 ($1k/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 $154k (14.3% below list).
• Recommended offer: $154k (14.3% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 9.3% in Inkster — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 67/100 on livability (#406 in MI) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D, crime F, amenities F.
• Wayne-Westland Community School District (suburban): math 11% / reading 27% proficiency, ranked #474 of 540 in MI (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: David Hicks School (math 2% / reading 8%, grade F, #1,325 of 1,397 statewide, top 99%, 407 students, 89% FRL); Adlai Stevenson Middle School (math 10% / reading 34%, grade F, #408 of 493 statewide, top 84%, 678 students, 55% FRL); John Glenn High School (math 21% / reading 45%, grade F, #402 of 713 statewide, top 56%, 1,542 students, 53% FRL).
• Market conditions: Rents rising (+3.0%/yr); 147 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
• At $1,541/mo this rent would consume 47% of the median local household income ($39k/yr) (locally 1558% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts 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 $86k; list at $180k implies a 108% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $154,116 (14.3% below list)

Questions for the listing agent

1. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. 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?
6. 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.
7. 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.
8. 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: 0.86% ✗
• Cap rate: 6.90%
• Cash-on-cash: 2.16%
• DSCR: 1.10
• GRM: 9.7

CMA / ARV

• ARV (on-the-fly): $160,272
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
28999 Beechnut St	0.00mi	3/1.0	1,008 (0%)	0mo	$180,000	$179	100
28930 Birchwood St	0.28mi	3/1.0	1,008 (0%)	1mo	$150,000	$149	86
29455 Rosslyn Ave	0.44mi	3/1.0	1,010 (+0%)	1mo	$180,000	$178	79
29707 Birchwood St	0.47mi	3/1.0	1,000 (-1%)	1mo	$96,000	$96	76
431 Lytle Pl	0.40mi	3/1.0	967 (-4%)	1mo	$153,600	$159	74
29522 Grandview St	0.43mi	3/1.0	972 (-4%)	1mo	$130,000	$134	73
28521 Oakwood St	0.55mi	3/1.0	1,025 (+2%)	1mo	$145,000	$141	71
462 Clair St	0.60mi	3/1.0	1,000 (-1%)	1mo	$265,000	$265	70
29497 Oakwood St	0.55mi	2/1.0 (-1)	1,025 (+2%)	1mo	$110,000	$107	66
1147 Harrison Ave	0.70mi	3/1.0	1,065 (+6%)	0mo	$187,000	$176	58
29537 Hazelwood St	0.67mi	3/1.0	1,100 (+9%)	0mo	$80,000	$73	53
29725 Brown Ct	0.72mi	3/1.0	925 (-8%)	2mo	$185,000	$200	51

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 · 2.95% rent growth · sell at horizon

5-year hold

• IRR: -13.0%
• Equity multiple: 0.53×
• Total profit: $-23,496
• Equity at exit: $26,824

10-year hold

• IRR: -4.1%
• Equity multiple: 0.73×
• Total profit: $-13,529
• Equity at exit: $15,554

Cash invested: $50,372 (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 48141

• Home prices YoY: -2.9%
• Rents YoY: 3.0%
• Active inventory: 147
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,541 high
• Mortgage (P&I): −$943
• Tax from tax record: −$108 /mo · $1,300/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$324
• Net cashflow: $91

Break-even live

Break-even rent $1,426

Max offer price $179,900

Occupancy floor 89%

Sensitivity live

Price	-10% $193	-5% $142	+0% $91	+5% $40	+10% $-11
Rent	-10% $-31	-5% $30	+0% $91	+5% $152	+10% $213
Rate	-1.0pp $181	-0.5pp $137	base $91	+0.5pp $44	+1.0pp $-3

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: $44,975
• Closing costs: $5,397
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
29203 Oakwood St Inkster, MI	3.0	1.5	912	$1,600	$1.75	0d	1	0.50mi
536 N Leona Ave Garden City, MI	3.0	1.0	1000	$1,440	$1.44	14d	1	0.54mi
641 Gilman St Garden City, MI	3.0	1.0	1300	$2,600	$2.00	18d	1	0.57mi
29800 Oakwood St Inkster, MI	3.0	1.0	1040	$1,400	$1.35	14d	1	0.58mi
30043 Grandview St Unit 1 Inkster, MI	3.0	1.5	1004	$1,275	$1.27	45d	1	0.63mi
1150 Magnolia Dr Inkster, MI	3.0	1.0	900	$1,300	$1.44	26d	1	0.64mi
1189 Woodland Dr Inkster, MI	3.0	1.0	994	$1,400	$1.41	1d	1	0.71mi
130 E Tami Cir Westland, MI	1.0–2.0	1.0–1.5	800	$1,209	$1.51	45d	3	0.75mi
30010 Hazelwood St Inkster, MI	3.0	1.0	1044	$1,300	$1.25	45d	1	0.75mi
30520 Hiveley St Westland, MI	3.0	1.0	1105	$1,700	$1.54	24d	1	0.76mi
1713 Gilman St Garden City, MI	3.0	1.0	860	$1,600	$1.86	0d	1	0.96mi
238 Yorkshire Blvd Dearborn Heights, MI	1.0–2.0	1.0	741	$1,424	$1.92	0d	15	0.99mi
31217 Cherry Hill Rd Westland, MI	3.0	1.0	1100	$1,800	$1.64	6d	1	1.05mi
27184 Lucerne Dr Inkster, MI	3.0	1.0	1100	$1,250	$1.14	45d	1	1.06mi
29971 Brooklane St Inkster, MI	3.0	1.0	974	$1,450	$1.49	45d	1	1.11mi
5839 Helen St Garden City, MI	3.0	1.0	984	$1,500	$1.52	1d	1	1.34mi
5927 Lathers St Garden City, MI	3.0	1.0	1000	$1,600	$1.60	0d	1	1.36mi
26322 Westphal St Dearborn Heights, MI	1.0–2.0	1.0	762	$1,455	$1.91	0d	25	1.48mi

Listing history 19 events

1. 2026-05-15
   status Pending 698-char remark

   Show marketing remark (698 chars)

   WELCOME TO YOUR NEXT HOME! This freshly renovated ranch is packed with style, comfort, and natural brightness throughout. Featuring 3 bedrooms and 1 updated bathroom, the home offers a light-filled living room perfect for relaxing or entertaining. The updated kitchen features crisp white cabinets, sleek black granite countertops, and a modern touch that blends style and functionality. Enjoy the abundance of brightness throughout the home, along with recent renovations including fresh paint, updated kitchen and bathroom, and new flooring throughout. New house roof, oversized fenced yard with 2-car detached garage. A perfect opportunity for homeowners seeking comfort, style, and convenience!

2. 2026-05-15
   status Pending

   Show marketing remark (698 chars)

   WELCOME TO YOUR NEXT HOME! This freshly renovated ranch is packed with style, comfort, and natural brightness throughout. Featuring 3 bedrooms and 1 updated bathroom, the home offers a light-filled living room perfect for relaxing or entertaining. The updated kitchen features crisp white cabinets, sleek black granite countertops, and a modern touch that blends style and functionality. Enjoy the abundance of brightness throughout the home, along with recent renovations including fresh paint, updated kitchen and bathroom, and new flooring throughout. New house roof, oversized fenced yard with 2-car detached garage. A perfect opportunity for homeowners seeking comfort, style, and convenience!

3. 2026-05-11
   listed $179,900 Active

   Show marketing remark (698 chars)

   WELCOME TO YOUR NEXT HOME! This freshly renovated ranch is packed with style, comfort, and natural brightness throughout. Featuring 3 bedrooms and 1 updated bathroom, the home offers a light-filled living room perfect for relaxing or entertaining. The updated kitchen features crisp white cabinets, sleek black granite countertops, and a modern touch that blends style and functionality. Enjoy the abundance of brightness throughout the home, along with recent renovations including fresh paint, updated kitchen and bathroom, and new flooring throughout. New house roof, oversized fenced yard with 2-car detached garage. A perfect opportunity for homeowners seeking comfort, style, and convenience!

4. 2026-05-11
   listed $179,900 Active 698-char remark

   Show marketing remark (698 chars)

   WELCOME TO YOUR NEXT HOME! This freshly renovated ranch is packed with style, comfort, and natural brightness throughout. Featuring 3 bedrooms and 1 updated bathroom, the home offers a light-filled living room perfect for relaxing or entertaining. The updated kitchen features crisp white cabinets, sleek black granite countertops, and a modern touch that blends style and functionality. Enjoy the abundance of brightness throughout the home, along with recent renovations including fresh paint, updated kitchen and bathroom, and new flooring throughout. New house roof, oversized fenced yard with 2-car detached garage. A perfect opportunity for homeowners seeking comfort, style, and convenience!

5. 2026-03-25
   soldstatus $86,500 Closed 445-char remark

   Show marketing remark (445 chars)

   Welcome to this 1-story brick ranch in Inkster featuring 1,008 SQFT of living space with 3 bedrooms and 1 bathroom. The living room offers plenty of natural light, creating a warm and inviting atmosphere. The kitchen provides ample space, ideal for meal-prepping and daily use. Step outside to a 2-car detached garage, perfect for parking or extra storage. The backyard offers plenty of room for family gatherings, gardening, or summer cookouts.

6. 2026-03-25
   soldstatus $86,500 Closed

   Show marketing remark (445 chars)

   Welcome to this 1-story brick ranch in Inkster featuring 1,008 SQFT of living space with 3 bedrooms and 1 bathroom. The living room offers plenty of natural light, creating a warm and inviting atmosphere. The kitchen provides ample space, ideal for meal-prepping and daily use. Step outside to a 2-car detached garage, perfect for parking or extra storage. The backyard offers plenty of room for family gatherings, gardening, or summer cookouts.

7. 2026-02-25
   status Pending

   Show marketing remark (445 chars)

   Welcome to this 1-story brick ranch in Inkster featuring 1,008 SQFT of living space with 3 bedrooms and 1 bathroom. The living room offers plenty of natural light, creating a warm and inviting atmosphere. The kitchen provides ample space, ideal for meal-prepping and daily use. Step outside to a 2-car detached garage, perfect for parking or extra storage. The backyard offers plenty of room for family gatherings, gardening, or summer cookouts.

8. 2026-02-25
   status Pending 445-char remark

   Show marketing remark (445 chars)

   Welcome to this 1-story brick ranch in Inkster featuring 1,008 SQFT of living space with 3 bedrooms and 1 bathroom. The living room offers plenty of natural light, creating a warm and inviting atmosphere. The kitchen provides ample space, ideal for meal-prepping and daily use. Step outside to a 2-car detached garage, perfect for parking or extra storage. The backyard offers plenty of room for family gatherings, gardening, or summer cookouts.

9. 2026-01-10
   price $100,000
10. 2026-01-09
    price $100,000 445-char remark

    Show marketing remark (445 chars)

    Welcome to this 1-story brick ranch in Inkster featuring 1,008 SQFT of living space with 3 bedrooms and 1 bathroom. The living room offers plenty of natural light, creating a warm and inviting atmosphere. The kitchen provides ample space, ideal for meal-prepping and daily use. Step outside to a 2-car detached garage, perfect for parking or extra storage. The backyard offers plenty of room for family gatherings, gardening, or summer cookouts.

11. 2025-12-13
    price $110,000
12. 2025-12-12
    price $110,000 445-char remark

    Show marketing remark (445 chars)

    Welcome to this 1-story brick ranch in Inkster featuring 1,008 SQFT of living space with 3 bedrooms and 1 bathroom. The living room offers plenty of natural light, creating a warm and inviting atmosphere. The kitchen provides ample space, ideal for meal-prepping and daily use. Step outside to a 2-car detached garage, perfect for parking or extra storage. The backyard offers plenty of room for family gatherings, gardening, or summer cookouts.

13. 2025-11-01
    price $115,000

    Show marketing remark (445 chars)

    Welcome to this 1-story brick ranch in Inkster featuring 1,008 SQFT of living space with 3 bedrooms and 1 bathroom. The living room offers plenty of natural light, creating a warm and inviting atmosphere. The kitchen provides ample space, ideal for meal-prepping and daily use. Step outside to a 2-car detached garage, perfect for parking or extra storage. The backyard offers plenty of room for family gatherings, gardening, or summer cookouts.

14. 2025-11-01
    price $115,000 445-char remark

    Show marketing remark (445 chars)

    Welcome to this 1-story brick ranch in Inkster featuring 1,008 SQFT of living space with 3 bedrooms and 1 bathroom. The living room offers plenty of natural light, creating a warm and inviting atmosphere. The kitchen provides ample space, ideal for meal-prepping and daily use. Step outside to a 2-car detached garage, perfect for parking or extra storage. The backyard offers plenty of room for family gatherings, gardening, or summer cookouts.

15. 2025-09-30
    price $120,000

    Show marketing remark (445 chars)

    Welcome to this 1-story brick ranch in Inkster featuring 1,008 SQFT of living space with 3 bedrooms and 1 bathroom. The living room offers plenty of natural light, creating a warm and inviting atmosphere. The kitchen provides ample space, ideal for meal-prepping and daily use. Step outside to a 2-car detached garage, perfect for parking or extra storage. The backyard offers plenty of room for family gatherings, gardening, or summer cookouts.

16. 2025-09-30
    price $120,000 445-char remark

    Show marketing remark (445 chars)

    Welcome to this 1-story brick ranch in Inkster featuring 1,008 SQFT of living space with 3 bedrooms and 1 bathroom. The living room offers plenty of natural light, creating a warm and inviting atmosphere. The kitchen provides ample space, ideal for meal-prepping and daily use. Step outside to a 2-car detached garage, perfect for parking or extra storage. The backyard offers plenty of room for family gatherings, gardening, or summer cookouts.

17. 2025-08-29
    listed $125,000 Active 445-char remark

    Show marketing remark (445 chars)

    Welcome to this 1-story brick ranch in Inkster featuring 1,008 SQFT of living space with 3 bedrooms and 1 bathroom. The living room offers plenty of natural light, creating a warm and inviting atmosphere. The kitchen provides ample space, ideal for meal-prepping and daily use. Step outside to a 2-car detached garage, perfect for parking or extra storage. The backyard offers plenty of room for family gatherings, gardening, or summer cookouts.

18. 2025-08-29
    listed $125,000 Active

    Show marketing remark (445 chars)

    Welcome to this 1-story brick ranch in Inkster featuring 1,008 SQFT of living space with 3 bedrooms and 1 bathroom. The living room offers plenty of natural light, creating a warm and inviting atmosphere. The kitchen provides ample space, ideal for meal-prepping and daily use. Step outside to a 2-car detached garage, perfect for parking or extra storage. The backyard offers plenty of room for family gatherings, gardening, or summer cookouts.

19. 1995-12-06
    soldstatus $54,900

ⓘ 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: $1,300 · $108/mo
• Projected year-2 tax: $2,035 · $170/mo
• Expected delta: +$735/yr (+$61/mo · 56.5%)

ⓘ 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

Taxation est. · year 1

• Rental income: $18,494
• − Mortgage interest: −$10,077
• − Property taxes: −$1,300
• − Insurance: −$900
• − Repairs & maintenance: −$1,480
• − Management: −$1,480
• − Depreciation: −$5,233
• Taxable loss: −$1,976
• Est. tax savings @ 24.0%: +$474
• After-tax cash flow: $1,563/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: Wayne-Westland Community School District
• NCES district ID: 2600015
• Math proficiency: 11% ▼ -6.00%
• Reading proficiency: 27% ▼ -2.00%
• Median HH income: $43,524
• Composite: 16.4/100
• National rank: #9195
• State rank: #474 of 540 in MI

Livability — Inkster

• Score: 67/100
• State rank: #406
• US rank: #11087

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Inkster, MI
• County: Wayne County · 1,562,939 people
• City population: 25,428
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 25,428
• Household income: $39,252
• Rent vs Own: 53.2% rent · 46.8% own
• Severe rent burden: 1558.0

Population outlook (Wayne County) Hauer SSP2

• Today (2025): 1,675,273 people
• By 2030: 1,620,300 · -3.3%
• By 2040: 1,502,341 · -10.3%
• By 2050: 1,384,039 · -17.4%
• By 2075: 1,124,592 · -32.9%
• By 2100: 881,193 · -47.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (72%)
• Race & ethnicity: Black 72% White 17% Two or more races 7% Hispanic / Latino 2% Asian 1%
• Common ancestry: Romanian 3% Slovak 1% Italian 1%
• Foreign-born: 5% · Canada, China
• Languages at home: 92% English-only · Arabic 3% Other Asian/Pacific 1% Spanish 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: ▼ -11.74%
• Current HPI: 390.2139
• Rent YoY: ▲ 2.95%
• 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

+227.7% since first listed

19 events — show timeline

• 2026-05-15 Pending — MiRealSource-MiMLS
• 2026-05-15 Pending — REALCOMP
• 2026-05-11 Listed $179,900 REALCOMP
• 2026-05-11 Listed $179,900 MiRealSource-MiMLS
• 2026-03-25 Sold (MLS) $86,500 MiRealSource-MiMLS
• 2026-03-25 Sold (MLS) $86,500 REALCOMP
• 2026-02-25 Pending — MiRealSource-MiMLS
• 2026-02-25 Pending — REALCOMP
• 2026-01-10 Price Changed $100,000 MiRealSource-MiMLS
• 2026-01-09 Price Changed $100,000 REALCOMP
• 2025-12-13 Price Changed $110,000 MiRealSource-MiMLS
• 2025-12-12 Price Changed $110,000 REALCOMP
• 2025-11-01 Price Changed $115,000 MiRealSource-MiMLS
• 2025-11-01 Price Changed $115,000 REALCOMP
• 2025-09-30 Price Changed $120,000 MiRealSource-MiMLS
• 2025-09-30 Price Changed $120,000 REALCOMP
• 2025-08-29 Listed $125,000 MiRealSource-MiMLS
• 2025-08-29 Listed $125,000 REALCOMP
• 1995-12-06 Sold (Public Records) $54,900 Public Records

Property tax history

-3.6%/yr

Latest (2025): $1,300 · -18.7% YoY. Source: county tax records.