6919 Winthrop St · Detroit, MI 48228

$124,900

3 bd · 1.0 ba · 1,183 sqft · SingleFamily public records · 1 Days on market

Built 1931 5,227 sqft lot Est $124k · at est. ↓ 4% since listing

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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 +22.1/30.0
• ARV discount +7.3/15.0
• DSCR +7.1/10.0
• 1% rule +5.4/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

THREE BEDROOM BRICK TUDOR/BUNGALOW LOCATED IN WEST WARREN AVE ESTATES NO. 1 SUB. THIS ALL BRICK TUDOR HOME HAS 2 FULL BATHROOMS, SPACIOUS LIVING ROOM, KITCHEN, DINING ROOM AND A FINISHED BASEMENT. HARDWOOD FLOORS THROUGHOUT. NICE LARGE FRONT PORCH, SIDE ENTRANCE GARAGE WITH ALLEY ACCESS. SELLER IS PROVIDING A 1 YEAR HOME WARRANTY FROM AMERICAN HOME SHIELD.

Key facts

• 5,227 sq ft lot
• Built 1931

Property features AI

Finance

• Other: Lot dimensions approximately 40 x 131 (0.12 acres)
• HOA & community: Sidewalks in the neighborhood; Pets allowed (cats and dogs)

Exterior

• Parking: Driveway; Alley access; No garage
• Utilities: Public water; Public sewer; Cable available
• Home design: Single-family residence; One and one-half stories; Ground-level entry with steps; Brick construction
• Construction: Asphalt roof; Block foundation; Built with brick; Home warranty included
• Exterior features: Porch; Exterior lighting; Fenced yard; Level lot; Paved road access; Paver block at driveway/alley access

Interior

• Kitchen: Gas water heater
• Bedrooms: Total of 5 rooms (bedroom count not specified)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced-air heating (natural gas); No central cooling
• Interior features: High-speed internet available; Unfurnished; Finished full basement
• Laundry & utility: Washer hookup; Gas dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $201 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).

Location & tenants

• Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
• Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-2.3%/yr); 363 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 $1,298/mo this rent would consume 51% of the median local household income ($31k/yr) (locally 4144% 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 $864 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.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 24y 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.

Risks & watch-outs

• Watch-outs: built in 1931 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $124,900

Questions for the listing agent

1. Built in 1931 — 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: 1.04% ✓
• Cap rate: 8.23%
• Cash-on-cash: 6.90%
• DSCR: 1.31
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $124,215
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7304 Saint Marys St	0.33mi	3/1.0	1,215 (+3%)	5mo	$50,000	$41	76
7483 Mettetal St	0.47mi	3/1.5	1,124 (-5%)	5mo	$86,000	$77	64
6857 Woodmont Ave	0.51mi	3/1.5	1,234 (+4%)	7mo	$129,000	$105	61
6128 Yinger Ave	0.64mi	3/2.0	1,188 (+0%)	6mo	$167,500	$141	60
6400 Payne Ave	0.55mi	3/1.0	1,119 (-5%)	7mo	$185,000	$165	60
7904 Mead St	0.59mi	3/1.0	1,080 (-9%)	6mo	$160,000	$148	53
6303 Grandmont Ave	0.72mi	3/2.0	1,230 (+4%)	4mo	$90,000	$73	53
6324 Montrose St	0.44mi	3/1.0	1,042 (-12%)	9mo	$76,000	$73	52
8040 Coyle St	0.65mi	3/1.0	1,248 (+6%)	10mo	$150,000	$120	52
7484 Clayburn St	0.75mi	3/1.0	1,100 (-7%)	7mo	$80,000	$73	48
6463 Payne Ave	0.46mi	4/2.0 (+1)	1,350 (+14%)	6mo	$320,000	$237	41
8201 Saint Marys St	0.74mi	3/1.0	1,020 (-14%)	10mo	$58,000	$57	34

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -9.0%
• Equity multiple: 0.68×
• Total profit: $-11,236
• Equity at exit: $18,623

10-year hold

• IRR: -4.0%
• Equity multiple: 0.77×
• Total profit: $-8,004
• Equity at exit: $10,799

Cash invested: $34,972 (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 48228

• Rents YoY: -2.3%
• Active inventory: 363
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,298 high
• Mortgage (P&I): −$655
• Tax from tax record: −$117 /mo · $1,404/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$273
• Net cashflow: $201

Break-even live

Break-even rent $1,043

Max offer price $124,900

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7312 Mansfield St Detroit, MI	4.0	1.0	1300	$1,400	$1.08	16d	1	0.26mi
7419 Rutherford St Detroit, MI	2.0	1.0	981	$1,150	$1.17	15d	1	0.30mi
6474 Saint Marys St Detroit, MI	3.0	1.0	1237	$1,350	$1.09	43d	1	0.39mi
6406 Mead St Dearborn, MI	2.0	1.0	904	$1,100	$1.22	24d	1	0.58mi
8047 Robson St Detroit, MI	3.0	2.0	1184	$1,200	$1.01	43d	1	0.69mi
6761 Memorial Ave Detroit, MI	3.0	1.0	1060	$1,100	$1.04	24d	1	0.69mi
8114 Marlowe St Unit home Detroit, MI	3.0	1.0	985	$1,350	$1.37	43d	1	0.85mi
8331 Whitcomb St Detroit, MI	4.0	1.0	1342	$1,350	$1.01	22d	1	0.87mi
8212 Lauder St Detroit, MI	3.0	1.0	1026	$1,150	$1.12	43d	1	0.88mi
6225 Middlesex St Unit 5 Dearborn, MI	2.0	1.0	700	$950	$1.36	4d	1	0.99mi
6225 Middlesex St Unit 5 Dearborn, MI	2.0	1.0	700	$950	$1.36	12d	1	0.99mi
8604 Whitcomb St Detroit, MI	3.0	2.0	1033	$1,300	$1.26	43d	1	1.00mi
8262 Rosemont Ave Detroit, MI	3.0	1.0	836	$1,200	$1.44	5d	1	1.27mi
5777 Southfield Fwy Detroit, MI	2.0	1.0–2.0	667	$1,540	$2.31	3d	10	1.34mi
4900 Heather Dr Dearborn, MI	1.0–2.0	1.0–2.0	921	$1,980	$2.15	1d	1	1.36mi
6490 Stahelin Ave Detroit, MI	3.0	1.0	960	$1,299	$1.35	16d	1	1.36mi
8451 Rosemont Ave Detroit, MI	3.0	1.0	867	$1,150	$1.33	43d	1	1.36mi
9222 Forrer St Detroit, MI	3.0	1.0	947	$1,450	$1.53	16d	1	1.39mi
9220 Mansfield St Detroit, MI	3.0	1.0	1200	$1,300	$1.08	43d	1	1.40mi
9345 Rutherford St Unit 3 Detroit, MI	2.0	1.0	850	$1,050	$1.24	24d	1	1.48mi

Listing history 12 events

1. 2026-05-06
   status Pending 358-char remark

   Show marketing remark (358 chars)

   THREE BEDROOM BRICK TUDOR/BUNGALOW LOCATED IN WEST WARREN AVE ESTATES NO. 1 SUB. THIS ALL BRICK TUDOR HOME HAS 2 FULL BATHROOMS, SPACIOUS LIVING ROOM, KITCHEN, DINING ROOM AND A FINISHED BASEMENT. HARDWOOD FLOORS THROUGHOUT. NICE LARGE FRONT PORCH, SIDE ENTRANCE GARAGE WITH ALLEY ACCESS. SELLER IS PROVIDING A 1 YEAR HOME WARRANTY FROM AMERICAN HOME SHIELD.

2. 2026-05-06
   status Pending

   Show marketing remark (358 chars)

   THREE BEDROOM BRICK TUDOR/BUNGALOW LOCATED IN WEST WARREN AVE ESTATES NO. 1 SUB. THIS ALL BRICK TUDOR HOME HAS 2 FULL BATHROOMS, SPACIOUS LIVING ROOM, KITCHEN, DINING ROOM AND A FINISHED BASEMENT. HARDWOOD FLOORS THROUGHOUT. NICE LARGE FRONT PORCH, SIDE ENTRANCE GARAGE WITH ALLEY ACCESS. SELLER IS PROVIDING A 1 YEAR HOME WARRANTY FROM AMERICAN HOME SHIELD.

3. 2026-05-04
   listed $124,900 Active 358-char remark

   Show marketing remark (358 chars)

   THREE BEDROOM BRICK TUDOR/BUNGALOW LOCATED IN WEST WARREN AVE ESTATES NO. 1 SUB. THIS ALL BRICK TUDOR HOME HAS 2 FULL BATHROOMS, SPACIOUS LIVING ROOM, KITCHEN, DINING ROOM AND A FINISHED BASEMENT. HARDWOOD FLOORS THROUGHOUT. NICE LARGE FRONT PORCH, SIDE ENTRANCE GARAGE WITH ALLEY ACCESS. SELLER IS PROVIDING A 1 YEAR HOME WARRANTY FROM AMERICAN HOME SHIELD.

4. 2026-05-04
   listed $124,900 Active

   Show marketing remark (358 chars)

   THREE BEDROOM BRICK TUDOR/BUNGALOW LOCATED IN WEST WARREN AVE ESTATES NO. 1 SUB. THIS ALL BRICK TUDOR HOME HAS 2 FULL BATHROOMS, SPACIOUS LIVING ROOM, KITCHEN, DINING ROOM AND A FINISHED BASEMENT. HARDWOOD FLOORS THROUGHOUT. NICE LARGE FRONT PORCH, SIDE ENTRANCE GARAGE WITH ALLEY ACCESS. SELLER IS PROVIDING A 1 YEAR HOME WARRANTY FROM AMERICAN HOME SHIELD.

5. 2003-08-06
   historical
6. 2003-05-06
   listed $124,500
7. 2003-05-01
   historical
8. 2003-02-23
   listed $124,900
9. 2003-02-03
   historical
10. 2003-01-25
    listed $154,500
11. 2003-01-23
    historical
12. 2002-09-05
    listed $129,900

ⓘ 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: $1,404 · $117/mo
• Projected year-2 tax: $1,664 · $139/mo
• Expected delta: +$260/yr (+$22/mo · 18.5%)

ⓘ 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 ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,572
• − Mortgage interest: −$6,996
• − Property taxes: −$1,404
• − Insurance: −$624
• − Repairs & maintenance: −$1,246
• − Management: −$1,246
• − Depreciation: −$3,633
• Taxable income: $422
• Est. tax owed @ 24.0%: −$101
• After-tax cash flow: $2,312/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: Detroit Public Schools Community District
• NCES district ID: 2601103
• Math proficiency: 10% ▼ -2.00%
• Reading proficiency: 24% ▲ 6.00%
• Median HH income: $25,815
• Composite: 13.06/100
• National rank: #9564
• State rank: #499 of 540 in MI

Livability — Detroit

• Score: 73/100
• State rank: #218
• US rank: #5427

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Detroit, MI
• County: Wayne County · 1,562,939 people
• City population: 572,865
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 50,117
• Household income: $30,680
• Rent vs Own: 50.7% rent · 49.3% own
• Severe rent burden: 4144.0

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 (71%)
• Race & ethnicity: Black 71% White 16% Two or more races 7% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Arab 2% Romanian 2% Lithuanian 1%
• Foreign-born: 11% · Canada
• Languages at home: 82% English-only · Arabic 11% Spanish 5%

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: ▼ -160.81%
• Current HPI: 168.6843
• Rent YoY: ▼ -2.30%
• 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

-3.8% since first listed

12 events — show timeline

• 2026-05-06 Pending — MiRealSource-MiMLS
• 2026-05-06 Pending — REALCOMP
• 2026-05-04 Listed $124,900 REALCOMP
• 2026-05-04 Listed $124,900 MiRealSource-MiMLS
• 2003-08-06 Listing Removed — REALCOMP
• 2003-05-06 Listed $124,500 REALCOMP
• 2003-05-01 Listing Removed — REALCOMP
• 2003-02-23 Listed $124,900 REALCOMP
• 2003-02-03 Listing Removed — REALCOMP
• 2003-01-25 Listed $154,500 REALCOMP
• 2003-01-23 Listing Removed — REALCOMP
• 2002-09-05 Listed $129,900 REALCOMP

Property tax history

-0.3%/yr

Latest (2025): $1,404 · -54.0% YoY. Source: county tax records.