23665 Baske St · Taylor, MI 48180

$135,000

2 bd · 1.0 ba · 720 sqft · SingleFamily public records · 5 Days on market

Built 1954 6,534 sqft lot Est $132k · at est.

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.3/30.0
• DSCR +8.3/10.0
• ARV discount +6.6/15.0
• 1% rule +5.8/10.0
• Livability +3.8/5.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Modern charm meets cozy comfort in this beautifully updated 2-bedroom, 1-bath home in Taylor! From the moment you step inside, you'll love the newer luxury vinyl plank flooring flowing throughout and the stunning fully remodeled bathroom featuring heated floors for that extra touch of everyday luxury. Step outside into your own private backyard oasis filled with gorgeous perennial flowers and lush greenery that bloom year after year with minimal upkeep! Whether you're a first-time buyer, downsizing, or looking for a move-in-ready gem, this home checks all the boxes. Homes with this much charm, updates, and value do not last long - schedule your showing today before it's gone!

Key facts

• 6,534 sq ft lot
• Built 1954
• Listed 5 days

Property features AI

Exterior

• Parking: No garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One level; Ground-level entry with steps
• Construction: Vinyl siding; Slab foundation
• Exterior features: Paved road access; No pool

Interior

• Kitchen: Dishwasher; Gas range; Refrigerator
• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning; Forced air heating; Natural gas heating
• Interior features: Dishwasher; Dryer; Free-standing gas range; Free-standing refrigerator; Washer; Other appliances
• Laundry & utility: Washer and dryer

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $307 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $135k).
• Cap rate 9.0% vs local median 5.4% in Taylor — 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 76/100 on livability (#144 in MI, #3,684 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, schools F, crime F.
• Taylor School District (urban): math 14% / reading 27% proficiency, ranked #462 of 540 in MI (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.9%/yr); 290 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k 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.
• At projected returns (-3.0% appreciation + 4.9% rent growth), your $38k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 12 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 $40k; list at $135k implies a 238% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $135,000

Questions for the listing agent

1. Built in 1954 — 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. 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.
6. 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.
7. 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: 1.08% ✓
• Cap rate: 9.02%
• Cash-on-cash: 9.74%
• DSCR: 1.43
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $132,480
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
24127 Wick Rd	0.33mi	2/1.0	728 (+1%)	8mo	$140,000	$192	76
8303 Birch St	0.60mi	3/1.0 (+1)	754 (+5%)	2mo	$110,000	$146	57
8094 Elm St	0.70mi	3/1.0 (+1)	720 (0%)	8mo	$155,000	$215	56
8267 Oak St	0.59mi	2/1.0	754 (+5%)	13mo	$95,000	$126	54
8034 Elm St	0.75mi	2/1.0	768 (+7%)	4mo	$87,000	$113	51
8065 Elm St	0.73mi	2/1.0	700 (-3%)	14mo	$137,500	$196	50
8084 Oak St	0.70mi	2/1.0	696 (-3%)	15mo	$140,000	$201	49
8270 Robert St	0.63mi	2/1.0	754 (+5%)	20mo	$155,000	$206	46
8216 Birch St	0.66mi	2/1.0	754 (+5%)	20mo	$107,000	$142	45
8278 Robert St	0.62mi	3/1.0 (+1)	754 (+5%)	17mo	$139,000	$184	44
8256 Birch St	0.62mi	2/1.0	800 (+11%)	24mo	$135,000	$169	33

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 · 4.9% rent growth · sell at horizon

5-year hold

• IRR: 0.3%
• Equity multiple: 1.01×
• Total profit: $460
• Equity at exit: $20,129

10-year hold

• IRR: 11.7%
• Equity multiple: 1.99×
• Total profit: $37,505
• Equity at exit: $11,672

Cash invested: $37,800 (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 48180

• Rents YoY: 4.9%
• Active inventory: 290
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,454 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$78 /mo · $937/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$305
• Net cashflow: $307

Break-even live

Break-even rent $1,066

Max offer price $135,000

Occupancy floor 74%

Sensitivity live

Price	-10% $383	-5% $345	+0% $307	+5% $269	+10% $230
Rent	-10% $192	-5% $249	+0% $307	+5% $364	+10% $422
Rate	-1.0pp $375	-0.5pp $341	base $307	+0.5pp $272	+1.0pp $236

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
24268 Haskell St Taylor, MI	1.0–2.0	1.0	880	$1,570	$1.78	0d	7	0.62mi
7873 Syracuse St Taylor, MI	2.0	1.0	728	$1,400	$1.92	44d	1	0.85mi

Listing history 33 events

1. 2026-06-02
   statusdays on market $135,000 Pending 5 DOM
2. 2026-06-01
   days on market $135,000 Active 4 DOM
3. 2026-05-31
   days on market $135,000 Active 3 DOM
4. 2026-05-29
   listed $135,000 Active 686-char remark

   Show marketing remark (686 chars)

   Modern charm meets cozy comfort in this beautifully updated 2-bedroom, 1-bath home in Taylor! From the moment you step inside, you'll love the newer luxury vinyl plank flooring flowing throughout and the stunning fully remodeled bathroom featuring heated floors for that extra touch of everyday luxury. Step outside into your own private backyard oasis filled with gorgeous perennial flowers and lush greenery that bloom year after year with minimal upkeep! Whether you're a first-time buyer, downsizing, or looking for a move-in-ready gem, this home checks all the boxes. Homes with this much charm, updates, and value do not last long - schedule your showing today before it's gone!

5. 2026-05-29
   listed $135,000 Active

   Show marketing remark (686 chars)

   Modern charm meets cozy comfort in this beautifully updated 2-bedroom, 1-bath home in Taylor! From the moment you step inside, you'll love the newer luxury vinyl plank flooring flowing throughout and the stunning fully remodeled bathroom featuring heated floors for that extra touch of everyday luxury. Step outside into your own private backyard oasis filled with gorgeous perennial flowers and lush greenery that bloom year after year with minimal upkeep! Whether you're a first-time buyer, downsizing, or looking for a move-in-ready gem, this home checks all the boxes. Homes with this much charm, updates, and value do not last long - schedule your showing today before it's gone!

6. 2026-05-28
   historical $135,000 686-char remark

   Show marketing remark (686 chars)

   Modern charm meets cozy comfort in this beautifully updated 2-bedroom, 1-bath home in Taylor! From the moment you step inside, you'll love the newer luxury vinyl plank flooring flowing throughout and the stunning fully remodeled bathroom featuring heated floors for that extra touch of everyday luxury. Step outside into your own private backyard oasis filled with gorgeous perennial flowers and lush greenery that bloom year after year with minimal upkeep! Whether you're a first-time buyer, downsizing, or looking for a move-in-ready gem, this home checks all the boxes. Homes with this much charm, updates, and value do not last long - schedule your showing today before it's gone!

7. 2015-03-27
   soldstatus $40,000
8. 2013-08-19
   soldstatus $40,000
9. 2012-08-28
   soldstatus $19,900 162-char remark

   Show marketing remark (162 chars)

   2 bedroom home with large yard, shed, main floor laundry. Great starter home or investment property. Home rents between $650-700 with tenant paying all utilities.

10. 2012-08-28
    soldstatus $19,900

    Show marketing remark (162 chars)

    2 bedroom home with large yard, shed, main floor laundry. Great starter home or investment property. Home rents between $650-700 with tenant paying all utilities.

11. 2012-08-16
    historical 162-char remark

    Show marketing remark (162 chars)

    2 bedroom home with large yard, shed, main floor laundry. Great starter home or investment property. Home rents between $650-700 with tenant paying all utilities.

12. 2012-07-16
    listed $19,900 162-char remark

    Show marketing remark (162 chars)

    2 bedroom home with large yard, shed, main floor laundry. Great starter home or investment property. Home rents between $650-700 with tenant paying all utilities.

13. 2012-07-16
    listed $19,900

    Show marketing remark (162 chars)

    2 bedroom home with large yard, shed, main floor laundry. Great starter home or investment property. Home rents between $650-700 with tenant paying all utilities.

14. 2009-12-01
    soldstatus $15,000
15. 2009-12-01
    soldstatus $15,000
16. 2009-11-11
    historical
17. 2009-08-17
    listed $19,900
18. 2009-08-17
    listed $19,900
19. 2005-07-23
    historical
20. 2005-07-23
    historical
21. 2005-07-23
    historical
22. 2005-07-08
    listed $84,900
23. 2005-07-08
    listed $84,900
24. 2005-04-25
    listed $89,900
25. 2005-04-25
    listed $84,900
26. 2005-02-28
    historical
27. 2004-10-26
    listed $84,900
28. 2003-09-13
    historical
29. 2003-03-13
    listed $87,900
30. 1998-06-24
    soldstatus $57,900
31. 1997-07-28
    soldstatus $43,000
32. 1995-11-14
    soldstatus $43,000
33. 1995-11-14
    soldstatus $21,500

ⓘ 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: $937 · $78/mo
• Projected year-2 tax: $1,508 · $126/mo
• Expected delta: +$571/yr (+$48/mo · 60.9%)

ⓘ 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 ≥97°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: $17,454
• − Mortgage interest: −$7,562
• − Property taxes: −$937
• − Insurance: −$675
• − Repairs & maintenance: −$1,396
• − Management: −$1,396
• − Depreciation: −$3,927
• Taxable income: $1,560
• Est. tax owed @ 24.0%: −$374
• After-tax cash flow: $3,306/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: Taylor School District
• NCES district ID: 2633540
• Math proficiency: 14% ▼ -7.00%
• Reading proficiency: 27% ▼ -4.00%
• Median HH income: $43,062
• Composite: 17.62/100
• National rank: #9034
• State rank: #462 of 540 in MI

Livability — Taylor

• Score: 76/100
• State rank: #144
• US rank: #3684

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Taylor, MI
• County: Wayne County · 1,562,939 people
• City population: 62,081
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 62,081
• Household income: $61,081
• Rent vs Own: 33.3% rent · 66.7% own
• Severe rent burden: 1957.0

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: Majority White (65%)
• Race & ethnicity: White 65% Black 19% Two or more races 9% Hispanic / Latino 9% Asian 2%
• Hispanic origin (detail): Mexican 6% Puerto Rican 2%
• Common ancestry: Romanian 8% Lithuanian 3% Slovak 2%
• Foreign-born: 7% · Canada
• Languages at home: 89% English-only · Spanish 4% Arabic 3% Other Indo-European 3%

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: ▼ -212.33%
• Current HPI: 228.921
• Rent YoY: ▲ 4.90%
• 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

+214.0% since first listed

30 events — show timeline

• 2026-05-29 Listed $135,000 MiRealSource-MiMLS
• 2026-05-29 Listed $135,000 REALCOMP
• 2026-05-28 Coming Soon $135,000 MiRealSource-MiMLS
• 2015-03-27 Sold (Public Records) $40,000 Public Records
• 2013-08-19 Sold (Public Records) $40,000 Public Records
• 2012-08-28 Sold (MLS) $19,900 REALCOMP
• 2012-08-28 Sold (MLS) $19,900 MiRealSource-MiMLS
• 2012-08-16 Listing Removed — MiRealSource-MiMLS
• 2012-07-16 Listed $19,900 REALCOMP
• 2012-07-16 Listed $19,900 MiRealSource-MiMLS
• 2009-12-01 Sold (MLS) $15,000 MiRealSource-MiMLS
• 2009-12-01 Sold (MLS) $15,000 REALCOMP
• 2009-11-11 Listing Removed — MiRealSource-MiMLS
• 2009-08-17 Listed $19,900 MiRealSource-MiMLS
• 2009-08-17 Listed $19,900 REALCOMP
• 2005-07-23 Listing Removed — MiRealSource-MiMLS
• 2005-07-23 Listing Removed — REALCOMP
• 2005-07-23 Listing Removed — MiRealSource-MiMLS
• 2005-07-08 Listed $84,900 REALCOMP
• 2005-07-08 Listed $84,900 MiRealSource-MiMLS
• 2005-04-25 Listed $84,900 REALCOMP
• 2005-04-25 Listed $89,900 MiRealSource-MiMLS
• 2005-02-28 Listing Removed — REALCOMP
• 2004-10-26 Listed $84,900 REALCOMP
• 2003-09-13 Listing Removed — REALCOMP
• 2003-03-13 Listed $87,900 REALCOMP
• 1998-06-24 Sold (Public Records) $57,900 Public Records
• 1997-07-28 Sold (Public Records) $43,000 Public Records
• 1995-11-14 Sold (Public Records) $21,500 Public Records
• 1995-11-14 Sold (Public Records) $43,000 Public Records

Property tax history

-4.9%/yr

Latest (2025): $937 · -13.1% YoY. Source: county tax records.