14593 Superior St · Southgate, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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 +19.3/30.0
- ARV discount +10.3/15.0
- DSCR +6.1/10.0
- 1% rule +5.5/10.0
- Livability +4.2/5.0
- Rent growth +3.5/5.0
- Schools +2.5/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$159,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Priced to Sell!! Welcome to 14593 Superior Street in Southgate, a move-in ready 3-bedroom bungalow offering 1,170 square feet of updated living space on a desirable corner lot. This home features strong curb appeal with a new concrete porch and walkway, fresh exterior paint, new gutters, and a fully fenced yard. Inside, the home has been completely refreshed with new luxury vinyl plank flooring throughout and fresh interior paint, creating a bright and clean atmosphere. The main level includes a spacious living room filled with natural light, two bedrooms, a full bathroom, and an updated kitchen featuring new cabinetry, updated countertops, and stainless steel appliances including a gas range, refrigerator, microwave, and dishwasher. The upper level provides a large third bedroom or flexible space ideal for a home office, guest room, or additional living area. The full unfinished basement offers excellent storage or future finishing potential. Additional updates include recessed lighting, a new hot water tank, and a new entry door. Newly seeded backyard that is fully fenced, offering a functional outdoor space. A Certificate of Occupancy is provided by the seller, and immediate occupancy at closing makes this home an excellent option for buyers seeking a turnkey property. Located in the Southgate School District with convenient access to shopping, dining, and major roads, this home combines value, updates, and location in one opportunity.
Key facts
- 5,227 sq ft lot
- Built 1951
- Listed 15 days
Property features AI
Exterior
- Parking: No garage
- Utilities: Public water; Public sewer
- Home design: Single family residence; One and one-half stories; Ground-level entry with steps; Aluminum siding
- Construction: Asphalt roof; Aluminum siding construction; Unfinished basement
- Exterior features: Porch; Fenced yard; Paved road access
Interior
- Kitchen: Free-standing gas range; Free-standing refrigerator; Dishwasher; Microwave; Disposal; Stainless steel appliances
- Bathrooms: 1 full bathroom
- Heating & cooling: Central air conditioning; Forced air heating; Natural gas heating
- Interior features: Dishwasher; Disposal; Microwave; Stainless steel appliances; Gas water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $160k.
Deal economics
- At list price, monthly cash flow is $175 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $160k).
- Recommended offer: $158k (1.5% below list) — sets the bar for market timing.
- Cap rate 7.6% vs local median 5.2% in Southgate — 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 85/100 on livability (#29 in MI, #582 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools D, crime D-.
- Southgate Community School District (suburban): math 21% / reading 36% proficiency, ranked #379 of 540 in MI (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Market conditions: Rents rising fast (+4.0%/yr); 115 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals leasing fast (median 6d 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 30% of the median local income ($66k/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 $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
- It's been on market 15 days — a 2% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 23y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $109k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- Crime grade is D 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?
- 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.
- 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.
- 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
- 1.05% ✓
- Cap rate
- 7.61%
- Cash-on-cash
- 4.69%
- DSCR
- 1.21
- GRM
- 7.9
CMA / ARV
- ARV (median comp)
- $170,369
- List price
- $159,900
- Delta
- -6.15%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 13550 Karl St | 0.22mi | 3/1.0 | 1,116 (+4%) | 7mo | $190,000 | $170 | 76 |
| 14706 Eureka Rd | 0.47mi | 3/1.0 | 1,088 (+2%) | 2mo | $192,000 | $176 | 73 |
| 13080 Poplar St | 0.43mi | 3/1.0 | 1,120 (+5%) | 1mo | $227,500 | $203 | 71 |
| 14834 Kennebec St | 0.44mi | 3/1.0 | 1,088 (+2%) | 7mo | $160,000 | $147 | 71 |
| 14620 Trenton Rd | 0.54mi | 3/1.0 | 1,100 (+3%) | 6mo | $172,000 | $156 | 65 |
| 13668 Agnes St | 0.35mi | 3/1.5 | 1,180 (+10%) | 0mo | $180,000 | $153 | 64 |
| 14559 Balsam St | 0.58mi | 3/1.0 | 1,026 (-4%) | 2mo | $165,000 | $161 | 64 |
| 13054 Agnes St | 0.57mi | 3/2.0 | 1,100 (+3%) | 5mo | $197,900 | $180 | 61 |
| 15338 Helen St | 0.74mi | 3/1.0 | 1,096 (+2%) | 4mo | $160,000 | $146 | 59 |
| 14567 Longtin St | 0.51mi | 3/1.0 | 1,188 (+11%) | 3mo | $159,000 | $134 | 55 |
| 15110 Drake St | 0.64mi | 3/1.5 | 972 (-9%) | 2mo | $155,000 | $159 | 51 |
| 14420 Trenton Rd | 0.48mi | 2/1.0 (-1) | 910 (-15%) | 3mo | $165,000 | $181 | 45 |
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 · 4.04% rent growth · sell at horizon
- IRR
- -7.8%
- Equity multiple
- 0.71×
- Total profit
- $-12,941
- Equity at exit
- $23,842
- IRR
- 3.2%
- Equity multiple
- 1.24×
- Total profit
- $10,732
- Equity at exit
- $13,825
Cash invested: $44,772 (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
ZIP-level market 48195
- Rents YoY
- 4.0%
- Active inventory
- 115
- Price-to-rent
- 7.9×
Monthly cashflow live
- Estimated rent
- $1,678 high interval (Pro) →
- Mortgage (P&I)
- −$839
- Tax from tax record
- −$246 /mo · $2,948/yr
- Insurance
- −$67
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$352
- Net cashflow
- $175
Break-even live
Sensitivity live
| Price | -10% $265 | -5% $220 | +0% $175 | +5% $130 | +10% $84 |
|---|---|---|---|---|---|
| Rent | -10% $42 | -5% $109 | +0% $175 | +5% $241 | +10% $308 |
| Rate | -1.0pp $255 | -0.5pp $216 | base $175 | +0.5pp $134 | +1.0pp $91 |
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
- $39,975
- Closing costs
- $4,797
- 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 12 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 13750 Village Green Blvd Southgate, MI | 1.0–2.0 | 1.0 | 862 | $1,620 | $1.88 | 0d | 10 | 0.41mi |
| 13165 Turnberry Ct Southgate, MI | 2.0 | 2.0 | 1275 | $1,795 | $1.41 | 5d | 1 | 0.53mi |
| 13165 Turnberry Ct Southgate, MI | 2.0 | 2.0 | 1275 | $1,795 | $1.41 | 44d | 1 | 0.53mi |
| 13210 Village Park Dr Southgate, MI | 2.0 | 1.0 | 630 | $1,125 | $1.78 | 0d | 9 | 0.69mi |
| 12939 Devoe St Southgate, MI | 3.0 | 1.0 | 1177 | $1,695 | $1.44 | 44d | 1 | 0.78mi |
| 13185 Sycamore St Southgate, MI | 3.0 | 1.0 | 1080 | $1,700 | $1.57 | 25d | 1 | 0.97mi |
| 13020 Pullman St Southgate, MI | 4.0 | 1.0 | 1050 | $1,550 | $1.48 | 3d | 1 | 1.00mi |
| 13861 Strathcona St Southgate, MI | 1.0–2.0 | 1.0–1.5 | 797 | $1,140 | $1.43 | 0d | 5 | 1.12mi |
| 4163 Burns Ave Lincoln Park, MI | 3.0 | 1.0 | 900 | $1,500 | $1.67 | 2d | 1 | 1.29mi |
| 11400 Fordline St Allen Park, MI | 1.0–2.0 | 1.0 | 880 | $1,400 | $1.59 | 0d | 1 | 1.30mi |
| 1760 Saint Johns Blvd Apt 14 Lincoln Park, MI | 2.0 | 1.0 | 750 | $995 | $1.33 | 25d | 1 | 1.45mi |
| 1750 Saint Johns Blvd Unit 17 Lincoln Park, MI | 2.0 | 1.0 | 750 | $1,025 | $1.37 | 25d | 1 | 1.45mi |
Listing history 23 events
-
2026-05-13status Pending 1462-char remark
Show marketing remark (1462 chars)
Priced to Sell!! Welcome to 14593 Superior Street in Southgate, a move-in ready 3-bedroom bungalow offering 1,170 square feet of updated living space on a desirable corner lot. This home features strong curb appeal with a new concrete porch and walkway, fresh exterior paint, new gutters, and a fully fenced yard. Inside, the home has been completely refreshed with new luxury vinyl plank flooring throughout and fresh interior paint, creating a bright and clean atmosphere. The main level includes a spacious living room filled with natural light, two bedrooms, a full bathroom, and an updated kitchen featuring new cabinetry, updated countertops, and stainless steel appliances including a gas range, refrigerator, microwave, and dishwasher. The upper level provides a large third bedroom or flexible space ideal for a home office, guest room, or additional living area. The full unfinished basement offers excellent storage or future finishing potential. Additional updates include recessed lighting, a new hot water tank, and a new entry door. Newly seeded backyard that is fully fenced, offering a functional outdoor space. A Certificate of Occupancy is provided by the seller, and immediate occupancy at closing makes this home an excellent option for buyers seeking a turnkey property. Located in the Southgate School District with convenient access to shopping, dining, and major roads, this home combines value, updates, and location in one opportunity.
-
2026-05-13status Pending 1462-char remark
Show marketing remark (1462 chars)
Priced to Sell!! Welcome to 14593 Superior Street in Southgate, a move-in ready 3-bedroom bungalow offering 1,170 square feet of updated living space on a desirable corner lot. This home features strong curb appeal with a new concrete porch and walkway, fresh exterior paint, new gutters, and a fully fenced yard. Inside, the home has been completely refreshed with new luxury vinyl plank flooring throughout and fresh interior paint, creating a bright and clean atmosphere. The main level includes a spacious living room filled with natural light, two bedrooms, a full bathroom, and an updated kitchen featuring new cabinetry, updated countertops, and stainless steel appliances including a gas range, refrigerator, microwave, and dishwasher. The upper level provides a large third bedroom or flexible space ideal for a home office, guest room, or additional living area. The full unfinished basement offers excellent storage or future finishing potential. Additional updates include recessed lighting, a new hot water tank, and a new entry door. Newly seeded backyard that is fully fenced, offering a functional outdoor space. A Certificate of Occupancy is provided by the seller, and immediate occupancy at closing makes this home an excellent option for buyers seeking a turnkey property. Located in the Southgate School District with convenient access to shopping, dining, and major roads, this home combines value, updates, and location in one opportunity.
-
2026-05-06price $159,900 1462-char remark
Show marketing remark (1462 chars)
Priced to Sell!! Welcome to 14593 Superior Street in Southgate, a move-in ready 3-bedroom bungalow offering 1,170 square feet of updated living space on a desirable corner lot. This home features strong curb appeal with a new concrete porch and walkway, fresh exterior paint, new gutters, and a fully fenced yard. Inside, the home has been completely refreshed with new luxury vinyl plank flooring throughout and fresh interior paint, creating a bright and clean atmosphere. The main level includes a spacious living room filled with natural light, two bedrooms, a full bathroom, and an updated kitchen featuring new cabinetry, updated countertops, and stainless steel appliances including a gas range, refrigerator, microwave, and dishwasher. The upper level provides a large third bedroom or flexible space ideal for a home office, guest room, or additional living area. The full unfinished basement offers excellent storage or future finishing potential. Additional updates include recessed lighting, a new hot water tank, and a new entry door. Newly seeded backyard that is fully fenced, offering a functional outdoor space. A Certificate of Occupancy is provided by the seller, and immediate occupancy at closing makes this home an excellent option for buyers seeking a turnkey property. Located in the Southgate School District with convenient access to shopping, dining, and major roads, this home combines value, updates, and location in one opportunity.
-
2026-05-06price $159,900 1462-char remark
Show marketing remark (1462 chars)
Priced to Sell!! Welcome to 14593 Superior Street in Southgate, a move-in ready 3-bedroom bungalow offering 1,170 square feet of updated living space on a desirable corner lot. This home features strong curb appeal with a new concrete porch and walkway, fresh exterior paint, new gutters, and a fully fenced yard. Inside, the home has been completely refreshed with new luxury vinyl plank flooring throughout and fresh interior paint, creating a bright and clean atmosphere. The main level includes a spacious living room filled with natural light, two bedrooms, a full bathroom, and an updated kitchen featuring new cabinetry, updated countertops, and stainless steel appliances including a gas range, refrigerator, microwave, and dishwasher. The upper level provides a large third bedroom or flexible space ideal for a home office, guest room, or additional living area. The full unfinished basement offers excellent storage or future finishing potential. Additional updates include recessed lighting, a new hot water tank, and a new entry door. Newly seeded backyard that is fully fenced, offering a functional outdoor space. A Certificate of Occupancy is provided by the seller, and immediate occupancy at closing makes this home an excellent option for buyers seeking a turnkey property. Located in the Southgate School District with convenient access to shopping, dining, and major roads, this home combines value, updates, and location in one opportunity.
-
2026-04-29$169,900 Active 1462-char remark
Show marketing remark (1462 chars)
Priced to Sell!! Welcome to 14593 Superior Street in Southgate, a move-in ready 3-bedroom bungalow offering 1,170 square feet of updated living space on a desirable corner lot. This home features strong curb appeal with a new concrete porch and walkway, fresh exterior paint, new gutters, and a fully fenced yard. Inside, the home has been completely refreshed with new luxury vinyl plank flooring throughout and fresh interior paint, creating a bright and clean atmosphere. The main level includes a spacious living room filled with natural light, two bedrooms, a full bathroom, and an updated kitchen featuring new cabinetry, updated countertops, and stainless steel appliances including a gas range, refrigerator, microwave, and dishwasher. The upper level provides a large third bedroom or flexible space ideal for a home office, guest room, or additional living area. The full unfinished basement offers excellent storage or future finishing potential. Additional updates include recessed lighting, a new hot water tank, and a new entry door. Newly seeded backyard that is fully fenced, offering a functional outdoor space. A Certificate of Occupancy is provided by the seller, and immediate occupancy at closing makes this home an excellent option for buyers seeking a turnkey property. Located in the Southgate School District with convenient access to shopping, dining, and major roads, this home combines value, updates, and location in one opportunity.
-
2026-04-29$169,900 Active 1462-char remark
Show marketing remark (1462 chars)
Priced to Sell!! Welcome to 14593 Superior Street in Southgate, a move-in ready 3-bedroom bungalow offering 1,170 square feet of updated living space on a desirable corner lot. This home features strong curb appeal with a new concrete porch and walkway, fresh exterior paint, new gutters, and a fully fenced yard. Inside, the home has been completely refreshed with new luxury vinyl plank flooring throughout and fresh interior paint, creating a bright and clean atmosphere. The main level includes a spacious living room filled with natural light, two bedrooms, a full bathroom, and an updated kitchen featuring new cabinetry, updated countertops, and stainless steel appliances including a gas range, refrigerator, microwave, and dishwasher. The upper level provides a large third bedroom or flexible space ideal for a home office, guest room, or additional living area. The full unfinished basement offers excellent storage or future finishing potential. Additional updates include recessed lighting, a new hot water tank, and a new entry door. Newly seeded backyard that is fully fenced, offering a functional outdoor space. A Certificate of Occupancy is provided by the seller, and immediate occupancy at closing makes this home an excellent option for buyers seeking a turnkey property. Located in the Southgate School District with convenient access to shopping, dining, and major roads, this home combines value, updates, and location in one opportunity.
-
2026-04-27historical $169,900 1462-char remark
Show marketing remark (1462 chars)
Priced to Sell!! Welcome to 14593 Superior Street in Southgate, a move-in ready 3-bedroom bungalow offering 1,170 square feet of updated living space on a desirable corner lot. This home features strong curb appeal with a new concrete porch and walkway, fresh exterior paint, new gutters, and a fully fenced yard. Inside, the home has been completely refreshed with new luxury vinyl plank flooring throughout and fresh interior paint, creating a bright and clean atmosphere. The main level includes a spacious living room filled with natural light, two bedrooms, a full bathroom, and an updated kitchen featuring new cabinetry, updated countertops, and stainless steel appliances including a gas range, refrigerator, microwave, and dishwasher. The upper level provides a large third bedroom or flexible space ideal for a home office, guest room, or additional living area. The full unfinished basement offers excellent storage or future finishing potential. Additional updates include recessed lighting, a new hot water tank, and a new entry door. Newly seeded backyard that is fully fenced, offering a functional outdoor space. A Certificate of Occupancy is provided by the seller, and immediate occupancy at closing makes this home an excellent option for buyers seeking a turnkey property. Located in the Southgate School District with convenient access to shopping, dining, and major roads, this home combines value, updates, and location in one opportunity.
-
2026-01-20soldstatus $109,000 Closed
Show marketing remark (439 chars)
No updates needed - this home has been completely redone for you. All the big-ticket items have been updated within the last few years, giving you peace of mind from day one. The only thing left is to finish the basement to your liking and add your personal touch to the landscaping. And let's not forget - you're getting a 3-bedroom home at this price, with all appliances included. Truly an incredible value for a fully updated property!
-
2026-01-20soldstatus $109,000 Closed
Show marketing remark (439 chars)
No updates needed - this home has been completely redone for you. All the big-ticket items have been updated within the last few years, giving you peace of mind from day one. The only thing left is to finish the basement to your liking and add your personal touch to the landscaping. And let's not forget - you're getting a 3-bedroom home at this price, with all appliances included. Truly an incredible value for a fully updated property!
-
2026-01-05status Pending
Show marketing remark (439 chars)
No updates needed - this home has been completely redone for you. All the big-ticket items have been updated within the last few years, giving you peace of mind from day one. The only thing left is to finish the basement to your liking and add your personal touch to the landscaping. And let's not forget - you're getting a 3-bedroom home at this price, with all appliances included. Truly an incredible value for a fully updated property!
-
2026-01-05status Pending
Show marketing remark (439 chars)
No updates needed - this home has been completely redone for you. All the big-ticket items have been updated within the last few years, giving you peace of mind from day one. The only thing left is to finish the basement to your liking and add your personal touch to the landscaping. And let's not forget - you're getting a 3-bedroom home at this price, with all appliances included. Truly an incredible value for a fully updated property!
-
2025-12-03$120,000 Active
Show marketing remark (439 chars)
No updates needed - this home has been completely redone for you. All the big-ticket items have been updated within the last few years, giving you peace of mind from day one. The only thing left is to finish the basement to your liking and add your personal touch to the landscaping. And let's not forget - you're getting a 3-bedroom home at this price, with all appliances included. Truly an incredible value for a fully updated property!
-
2025-12-03$120,000 Active
Show marketing remark (439 chars)
No updates needed - this home has been completely redone for you. All the big-ticket items have been updated within the last few years, giving you peace of mind from day one. The only thing left is to finish the basement to your liking and add your personal touch to the landscaping. And let's not forget - you're getting a 3-bedroom home at this price, with all appliances included. Truly an incredible value for a fully updated property!
-
2025-12-01historical $120,000
Show marketing remark (439 chars)
No updates needed - this home has been completely redone for you. All the big-ticket items have been updated within the last few years, giving you peace of mind from day one. The only thing left is to finish the basement to your liking and add your personal touch to the landscaping. And let's not forget - you're getting a 3-bedroom home at this price, with all appliances included. Truly an incredible value for a fully updated property!
-
2011-02-10soldstatus $19,000
-
2011-02-10soldstatus $19,000
-
2010-12-23$22,500
-
2010-12-23$22,500
-
2004-10-24historical
-
2004-10-24historical
-
2003-11-24$95,900
-
2003-11-24$95,900
-
1992-10-08soldstatus $10,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast MI · Partial reset (capped growth)
- Current annual tax
- $2,948 · $246/mo
- Projected year-2 tax
- $2,948 · $246/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 ≥96°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,138
- − Mortgage interest
- −$8,957
- − Property taxes
- −$2,948
- − Insurance
- −$800
- − Repairs & maintenance
- −$1,611
- − Management
- −$1,611
- − Depreciation
- −$4,652
- Taxable loss
- −$440
- Est. tax savings @ 24.0%
- +$106
- After-tax cash flow
- $2,205/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
- Southgate Community School District
- NCES district ID
- 2632340
- Math proficiency
- 21% ▼ -8.00%
- Reading proficiency
- 36% ▬ 0.00%
- Median HH income
- $49,234
- Composite
- 24.83/100
- National rank
- #7591
- State rank
- #379 of 540 in MI
Livability — Southgate
- Score
- 85/100
- State rank
- #29
- US rank
- #582
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Southgate, MI
- County
- Wayne County · 1,562,939 people
- City population
- 29,366
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 29,366
- Household income
- $66,118
- Rent vs Own
- Severe rent burden
- 727.0
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 (75%)
- Race & ethnicity
- White 75% Hispanic / Latino 11% Black 8% Two or more races 8% Asian 3%
- Hispanic origin (detail)
- Mexican 8% Puerto Rican 1%
- Common ancestry
- Romanian 9% Lithuanian 3% Slovak 3%
- Foreign-born
- 6% · Canada, China
- Languages at home
- 90% English-only · Other Indo-European 4% Spanish 3% Other Asian/Pacific 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
- ▼ -187.28%
- Current HPI
- 207.9776
- Rent YoY
- ▲ 4.04%
- 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
+1499.0% since first listed23 events — show timeline
- 2026-05-13 Pending — MiRealSource-MiMLS
- 2026-05-13 Pending — REALCOMP
- 2026-05-06 Price Changed $159,900 MiRealSource-MiMLS
- 2026-05-06 Price Changed $159,900 REALCOMP
- 2026-04-29 Listed $169,900 MiRealSource-MiMLS
- 2026-04-29 Listed $169,900 REALCOMP
- 2026-04-27 Coming Soon $169,900 MiRealSource-MiMLS
- 2026-01-20 Sold (MLS) $109,000 REALCOMP
- 2026-01-20 Sold (MLS) $109,000 MiRealSource-MiMLS
- 2026-01-05 Pending — MiRealSource-MiMLS
- 2026-01-05 Pending — REALCOMP
- 2025-12-03 Listed $120,000 MiRealSource-MiMLS
- 2025-12-03 Listed $120,000 REALCOMP
- 2025-12-01 Coming Soon $120,000 MiRealSource-MiMLS
- 2011-02-10 Sold (MLS) $19,000 REALCOMP
- 2011-02-10 Sold (MLS) $19,000 MiRealSource-MiMLS
- 2010-12-23 Listed $22,500 REALCOMP
- 2010-12-23 Listed $22,500 MiRealSource-MiMLS
- 2004-10-24 Listing Removed — REALCOMP
- 2004-10-24 Listing Removed — MiRealSource-MiMLS
- 2003-11-24 Listed $95,900 REALCOMP
- 2003-11-24 Listed $95,900 MiRealSource-MiMLS
- 1992-10-08 Sold (Public Records) $10,000 Public Records
Property tax history
+5.8%/yrLatest (2025): $2,948 · +34.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…