CashFlowRE
Sign in Sign up
19394 Seminole
C- Composite 52.32
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 +22.5/30.0
  • DSCR +7.2/10.0
  • ARV discount +7.1/15.0
  • 1% rule +5.3/10.0
  • Livability +3.9/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.4/10.0
  • Appreciation +0.0/10.0

$144,998

19394 Seminole · Livonia, MI 48240
2 bd · 1.0 ba · 760 sqft · SingleFamily public records · 44 Days on market
Built 1937 0.29 ac lot Est $144k · at est.

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 19394 Seminole in Redford Township - a beautifully maintained and move-in ready home offering comfort, convenience, and value. This charming 2-bedroom property features a bright and functional layout with numerous updates throughout. Enjoy a fully equipped kitchen with brand-new stainless steel appliances, including a stainless steel dishwasher, making everyday living effortless. Major mechanical upgrades include a new furnace, central air conditioning, and new washer and dryer, giving peace of mind for years to come. The home is handicap accessible, offering added convenience and flexibility for a variety of buyers. Step outside to a large fenced lot, perfect for pets, entertaining, or relaxing in your private outdoor space. A spacious garage provides excellent storage and parking options. Located in a quiet, desirable neighborhood adjacent to the prestigious Livonia School District and close to parks, recreational centers, shopping, and major roadways, this home combines suburban comfort with prime accessibility. Whether you're a first-time buyer, downsizing, or looking for a turnkey investment, 19394 Seminole is an opportunity you don't want to miss. Schedule your private showing today!

Key facts

  • 0.29 acre lot
  • 2 garage spots
  • Built 1937

Property features AI

Finance

  • Other: No additional financial or community details provided
  • Financial info: Tax information not included per instructions
  • HOA & community: No HOA information specified

Exterior

  • Parking: Detached 2-car garage
  • Security: No security features specified
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; One story; Ground-level entry with steps
  • Construction: Asphalt and vinyl siding exterior; Slab foundation; Built area above grade approximately 760 square feet
  • Exterior features: Paved road access; Lot dimensions approximately 100 x 127 (0.29 acres)

Interior

  • Kitchen: Kitchen details not specified
  • Bedrooms: Bedrooms not specified
  • Flooring: Flooring details not specified
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Forced air heating; Natural gas heating; No central cooling
  • Interior features: Two total rooms
  • Laundry & utility: Laundry details not specified

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 2-bed/1.0-bath single-family listed at $145k.

Deal economics

  • At list price, monthly cash flow is $244 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $145k).
  • Recommended offer: $141k (3.0% below list) — sets the bar for market timing.
  • Cap rate 8.3% vs local median 4.9% in Livonia — 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 77/100 on livability (#116 in MI, #2,784 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities D, health & safety D, commute F.
  • Redford Union Schools District No. 1 (suburban): math 8% / reading 23% proficiency, ranked #489 of 540 in MI (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 90 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $1k 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

  • It's been on market 44 days — a 3% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 5y 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 $125k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1937 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $140,648 (3.0% below list)

Questions for the listing agent

  1. It's been on market 44 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1937 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  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
1.03%
Cap rate
8.31%
Cash-on-cash
7.22%
DSCR
1.32
GRM
8.1

CMA / ARV

ARV (on-the-fly)
$143,640
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
19498 Poinciana 0.13mi 2/1.0 800 (+5%) 3mo $147,500 $184 82
19754 Negaunee 0.22mi 2/1.0 731 (-4%) 8mo $139,200 $190 77
18705 Delaware Ave 0.53mi 2/1.0 773 (+2%) 0mo $140,000 $181 72
19349 Negaunee 0.10mi 2/1.0 872 (+15%) 10mo $127,000 $146 63
18714 Gaylord 0.50mi 2/1.0 693 (-9%) 1mo $165,000 $238 61
20528 Seminole 0.66mi 2/1.0 732 (-4%) 3mo $108,900 $149 60
18505 Deering St 0.62mi 2/1.0 681 (-10%) 0mo $165,000 $242 54
20059 Lexington 0.64mi 2/1.0 810 (+7%) 8mo $155,000 $191 52
19134 Angling St 0.37mi 3/1.0 (+1) 873 (+15%) 1mo $165,000 $189 52
19578 Brentwood St 0.65mi 2/1.0 824 (+8%) 8mo $176,000 $214 50
20564 Poinciana 0.71mi 2/1.0 812 (+7%) 10mo $140,000 $172 47
18646 Gaylord 0.55mi 3/1.0 (+1) 840 (+10%) 10mo $150,000 $179 43

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
-5.3%
Equity multiple
0.80×
Total profit
$-7,959
Equity at exit
$21,620
10-year hold
IRR
4.4%
Equity multiple
1.32×
Total profit
$13,018
Equity at exit
$12,537

Cash invested: $40,599 (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 48240

Active inventory
90
Price-to-rent
8.1×

Monthly cashflow live

Estimated rent
$1,489 high interval (Pro) →
Mortgage (P&I)
$760
Tax from tax record
$111 /mo · $1,332/yr
Insurance
$60
HOA
$0
Vacancy / Maint / Mgmt
$313
Net cashflow
$244

Break-even live

Break-even rent $1,180
Max offer price $144,998
Occupancy floor 79%

Sensitivity live

Price -10% $326 -5% $285 +0% $244 +5% $203 +10% $162
Rent -10% $127 -5% $185 +0% $244 +5% $303 +10% $362
Rate -1.0pp $317 -0.5pp $281 base $244 +0.5pp $207 +1.0pp $168

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
$36,250
Closing costs
$4,350
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 16 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
19354 Seminole Redford, MI 3.0 1.0 1050 $1,450 $1.38 25d 1 0.04mi
20091 Inkster Rd Livonia, MI 2.0 1.0 756 $1,400 $1.85 6d 1 0.49mi
26539 Clarita Redford, MI 3.0 1.5 931 $1,875 $2.01 25d 1 0.55mi
20524 Indian Redford, MI 3.0 1.0 988 $1,600 $1.62 25d 1 0.70mi
18405 Gillman St Livonia, MI 3.0 2.0 1014 $1,950 $1.92 6d 1 0.72mi
20745 Saint Francis Unit 208 Farmington Hills, MI 2.0 1.0 900 $1,395 $1.55 16d 1 0.91mi
20745 Saint Francis Unit 101 Farmington Hills, MI 2.0 1.0 900 $1,495 $1.66 45d 1 0.91mi
29200 Dardanella St Livonia, MI 1.0–2.0 1.0 825 $1,230 $1.49 0d 5 1.07mi
28530 Grayling Ave Farmington Hills, MI 2.0 1.0 600 $1,295 $2.16 25d 1 1.15mi
28532 Grayling Ave Farmington Hills, MI 2.0 1.0 700 $1,395 $1.99 25d 1 1.18mi
21335 Negaunee Unit 1542196P Southfield, MI 3.0 1.0 850 $2,415 $2.84 0d 1 1.18mi
21337 Inkster Rd Unit (NO) Farmington Hills, MI 2.0 1.0 811 $1,295 $1.60 45d 1 1.18mi
27045 Shiawassee Rd Southfield, MI 3.0 1.0 705 $1,450 $2.06 19d 1 1.22mi
27883 Independence St Farmington Hills, MI 1.0 1.0 750 $975 $1.30 25d 1 1.30mi
25740 Shiawassee St Southfield, MI 1.0–2.0 1.0 850 $1,253 $1.47 45d 10 1.45mi
25822 W 6 Mile Rd Redford Township, MI 2.0 2.0 1100 $1,100 $1.00 25d 1 1.47mi

Listing history 47 events

  1. 2026-06-21
    days on market $144,998 Active 44 DOM
  2. 2026-06-18
    days on market $144,998 Active 41 DOM
  3. 2026-06-17
    days on market $144,998 Active 40 DOM
  4. 2026-06-16
    days on market $144,998 Active 39 DOM
  5. 2026-06-15
    days on market $144,998 Active 38 DOM
  6. 2026-06-13
    days on market $144,998 Active 36 DOM
  7. 2026-06-13
    days on market $144,998 Active 35 DOM
  8. 2026-06-09
    days on market $144,998 Active 32 DOM
  9. 2026-06-08
    days on market $144,998 Active 31 DOM
  10. 2026-06-07
    days on market $144,998 Active 30 DOM
  11. 2026-06-04
    days on market $144,998 Active 27 DOM
  12. 2026-06-03
    days on market $144,998 Active 26 DOM
  13. 2026-06-02
    days on market $144,998 Active 25 DOM
  14. 2026-06-01
    days on market $144,998 Active 24 DOM
  15. 2026-05-31
    days on market $144,998 Active 23 DOM
  16. 2026-05-19
    price $144,998 1221-char remark
    Show marketing remark (1221 chars)

    Welcome to 19394 Seminole in Redford Township - a beautifully maintained and move-in ready home offering comfort, convenience, and value. This charming 2-bedroom property features a bright and functional layout with numerous updates throughout. Enjoy a fully equipped kitchen with brand-new stainless steel appliances, including a stainless steel dishwasher, making everyday living effortless. Major mechanical upgrades include a new furnace, central air conditioning, and new washer and dryer, giving peace of mind for years to come. The home is handicap accessible, offering added convenience and flexibility for a variety of buyers. Step outside to a large fenced lot, perfect for pets, entertaining, or relaxing in your private outdoor space. A spacious garage provides excellent storage and parking options. Located in a quiet, desirable neighborhood adjacent to the prestigious Livonia School District and close to parks, recreational centers, shopping, and major roadways, this home combines suburban comfort with prime accessibility. Whether you're a first-time buyer, downsizing, or looking for a turnkey investment, 19394 Seminole is an opportunity you don't want to miss. Schedule your private showing today!

  17. 2026-05-18
    price $144,998
  18. 2026-05-09
    listed $149,999 Active 1221-char remark
    Show marketing remark (1221 chars)

    Welcome to 19394 Seminole in Redford Township - a beautifully maintained and move-in ready home offering comfort, convenience, and value. This charming 2-bedroom property features a bright and functional layout with numerous updates throughout. Enjoy a fully equipped kitchen with brand-new stainless steel appliances, including a stainless steel dishwasher, making everyday living effortless. Major mechanical upgrades include a new furnace, central air conditioning, and new washer and dryer, giving peace of mind for years to come. The home is handicap accessible, offering added convenience and flexibility for a variety of buyers. Step outside to a large fenced lot, perfect for pets, entertaining, or relaxing in your private outdoor space. A spacious garage provides excellent storage and parking options. Located in a quiet, desirable neighborhood adjacent to the prestigious Livonia School District and close to parks, recreational centers, shopping, and major roadways, this home combines suburban comfort with prime accessibility. Whether you're a first-time buyer, downsizing, or looking for a turnkey investment, 19394 Seminole is an opportunity you don't want to miss. Schedule your private showing today!

  19. 2026-05-09
    listed $149,999 Active
    Show marketing remark (1221 chars)

    Welcome to 19394 Seminole in Redford Township - a beautifully maintained and move-in ready home offering comfort, convenience, and value. This charming 2-bedroom property features a bright and functional layout with numerous updates throughout. Enjoy a fully equipped kitchen with brand-new stainless steel appliances, including a stainless steel dishwasher, making everyday living effortless. Major mechanical upgrades include a new furnace, central air conditioning, and new washer and dryer, giving peace of mind for years to come. The home is handicap accessible, offering added convenience and flexibility for a variety of buyers. Step outside to a large fenced lot, perfect for pets, entertaining, or relaxing in your private outdoor space. A spacious garage provides excellent storage and parking options. Located in a quiet, desirable neighborhood adjacent to the prestigious Livonia School District and close to parks, recreational centers, shopping, and major roadways, this home combines suburban comfort with prime accessibility. Whether you're a first-time buyer, downsizing, or looking for a turnkey investment, 19394 Seminole is an opportunity you don't want to miss. Schedule your private showing today!

  20. 2026-05-03
    historical $149,999 1221-char remark
    Show marketing remark (1221 chars)

    Welcome to 19394 Seminole in Redford Township - a beautifully maintained and move-in ready home offering comfort, convenience, and value. This charming 2-bedroom property features a bright and functional layout with numerous updates throughout. Enjoy a fully equipped kitchen with brand-new stainless steel appliances, including a stainless steel dishwasher, making everyday living effortless. Major mechanical upgrades include a new furnace, central air conditioning, and new washer and dryer, giving peace of mind for years to come. The home is handicap accessible, offering added convenience and flexibility for a variety of buyers. Step outside to a large fenced lot, perfect for pets, entertaining, or relaxing in your private outdoor space. A spacious garage provides excellent storage and parking options. Located in a quiet, desirable neighborhood adjacent to the prestigious Livonia School District and close to parks, recreational centers, shopping, and major roadways, this home combines suburban comfort with prime accessibility. Whether you're a first-time buyer, downsizing, or looking for a turnkey investment, 19394 Seminole is an opportunity you don't want to miss. Schedule your private showing today!

  21. 2023-08-04
    status Pending 1001-char remark
    Show marketing remark (1001 chars)

    Experience life with this gorgeously renovated abode! Nestled in a tranquil, park-like setting, this spacious 2 bedroom residence exudes welcome and warmth. Whip up your culinary masterpieces in the grand kitchen, then unwind in the living room or dining area. Feel cozy with new flooring under feet and freshly painted walls. As the sun sets, bask in the splendor of the expansive deck, perfect for intimate gatherings or large events. Elevating this home are the recently installed roof for the house and garage in 2022, a brand new furnace and A/C also added in 2022, and a new hot water tank in 2023. The electrical system has been updated and features a subpanel in the garage, making it the ultimate spot for any hobbyist or craftsman to unleash their creativity. This is an unparalleled opportunity to experience life as meant to be, with the added bonus of a remarkable space that is versatile and ideal for any purpose. So don't miss out on this exceptional chance to make this home your own!

  22. 2023-07-31
    soldstatus $124,900
  23. 2023-07-18
    soldstatus $124,900 Sold 1001-char remark
    Show marketing remark (1001 chars)

    Experience life with this gorgeously renovated abode! Nestled in a tranquil, park-like setting, this spacious 2 bedroom residence exudes welcome and warmth. Whip up your culinary masterpieces in the grand kitchen, then unwind in the living room or dining area. Feel cozy with new flooring under feet and freshly painted walls. As the sun sets, bask in the splendor of the expansive deck, perfect for intimate gatherings or large events. Elevating this home are the recently installed roof for the house and garage in 2022, a brand new furnace and A/C also added in 2022, and a new hot water tank in 2023. The electrical system has been updated and features a subpanel in the garage, making it the ultimate spot for any hobbyist or craftsman to unleash their creativity. This is an unparalleled opportunity to experience life as meant to be, with the added bonus of a remarkable space that is versatile and ideal for any purpose. So don't miss out on this exceptional chance to make this home your own!

  24. 2023-07-18
    soldstatus $124,900 Closed
    Show marketing remark (1001 chars)

    Experience life with this gorgeously renovated abode! Nestled in a tranquil, park-like setting, this spacious 2 bedroom residence exudes welcome and warmth. Whip up your culinary masterpieces in the grand kitchen, then unwind in the living room or dining area. Feel cozy with new flooring under feet and freshly painted walls. As the sun sets, bask in the splendor of the expansive deck, perfect for intimate gatherings or large events. Elevating this home are the recently installed roof for the house and garage in 2022, a brand new furnace and A/C also added in 2022, and a new hot water tank in 2023. The electrical system has been updated and features a subpanel in the garage, making it the ultimate spot for any hobbyist or craftsman to unleash their creativity. This is an unparalleled opportunity to experience life as meant to be, with the added bonus of a remarkable space that is versatile and ideal for any purpose. So don't miss out on this exceptional chance to make this home your own!

  25. 2023-06-21
    historical Accepting Backup Offers
    Show marketing remark (1001 chars)

    Experience life with this gorgeously renovated abode! Nestled in a tranquil, park-like setting, this spacious 2 bedroom residence exudes welcome and warmth. Whip up your culinary masterpieces in the grand kitchen, then unwind in the living room or dining area. Feel cozy with new flooring under feet and freshly painted walls. As the sun sets, bask in the splendor of the expansive deck, perfect for intimate gatherings or large events. Elevating this home are the recently installed roof for the house and garage in 2022, a brand new furnace and A/C also added in 2022, and a new hot water tank in 2023. The electrical system has been updated and features a subpanel in the garage, making it the ultimate spot for any hobbyist or craftsman to unleash their creativity. This is an unparalleled opportunity to experience life as meant to be, with the added bonus of a remarkable space that is versatile and ideal for any purpose. So don't miss out on this exceptional chance to make this home your own!

  26. 2023-06-21
    historical Accepting Backup Offers 1001-char remark
    Show marketing remark (1001 chars)

    Experience life with this gorgeously renovated abode! Nestled in a tranquil, park-like setting, this spacious 2 bedroom residence exudes welcome and warmth. Whip up your culinary masterpieces in the grand kitchen, then unwind in the living room or dining area. Feel cozy with new flooring under feet and freshly painted walls. As the sun sets, bask in the splendor of the expansive deck, perfect for intimate gatherings or large events. Elevating this home are the recently installed roof for the house and garage in 2022, a brand new furnace and A/C also added in 2022, and a new hot water tank in 2023. The electrical system has been updated and features a subpanel in the garage, making it the ultimate spot for any hobbyist or craftsman to unleash their creativity. This is an unparalleled opportunity to experience life as meant to be, with the added bonus of a remarkable space that is versatile and ideal for any purpose. So don't miss out on this exceptional chance to make this home your own!

  27. 2023-06-18
    price $124,900
    Show marketing remark (1001 chars)

    Experience life with this gorgeously renovated abode! Nestled in a tranquil, park-like setting, this spacious 2 bedroom residence exudes welcome and warmth. Whip up your culinary masterpieces in the grand kitchen, then unwind in the living room or dining area. Feel cozy with new flooring under feet and freshly painted walls. As the sun sets, bask in the splendor of the expansive deck, perfect for intimate gatherings or large events. Elevating this home are the recently installed roof for the house and garage in 2022, a brand new furnace and A/C also added in 2022, and a new hot water tank in 2023. The electrical system has been updated and features a subpanel in the garage, making it the ultimate spot for any hobbyist or craftsman to unleash their creativity. This is an unparalleled opportunity to experience life as meant to be, with the added bonus of a remarkable space that is versatile and ideal for any purpose. So don't miss out on this exceptional chance to make this home your own!

  28. 2023-06-18
    price $124,900 1001-char remark
    Show marketing remark (1001 chars)

    Experience life with this gorgeously renovated abode! Nestled in a tranquil, park-like setting, this spacious 2 bedroom residence exudes welcome and warmth. Whip up your culinary masterpieces in the grand kitchen, then unwind in the living room or dining area. Feel cozy with new flooring under feet and freshly painted walls. As the sun sets, bask in the splendor of the expansive deck, perfect for intimate gatherings or large events. Elevating this home are the recently installed roof for the house and garage in 2022, a brand new furnace and A/C also added in 2022, and a new hot water tank in 2023. The electrical system has been updated and features a subpanel in the garage, making it the ultimate spot for any hobbyist or craftsman to unleash their creativity. This is an unparalleled opportunity to experience life as meant to be, with the added bonus of a remarkable space that is versatile and ideal for any purpose. So don't miss out on this exceptional chance to make this home your own!

  29. 2023-06-08
    listed $129,900 Active 1001-char remark
    Show marketing remark (1001 chars)

    Experience life with this gorgeously renovated abode! Nestled in a tranquil, park-like setting, this spacious 2 bedroom residence exudes welcome and warmth. Whip up your culinary masterpieces in the grand kitchen, then unwind in the living room or dining area. Feel cozy with new flooring under feet and freshly painted walls. As the sun sets, bask in the splendor of the expansive deck, perfect for intimate gatherings or large events. Elevating this home are the recently installed roof for the house and garage in 2022, a brand new furnace and A/C also added in 2022, and a new hot water tank in 2023. The electrical system has been updated and features a subpanel in the garage, making it the ultimate spot for any hobbyist or craftsman to unleash their creativity. This is an unparalleled opportunity to experience life as meant to be, with the added bonus of a remarkable space that is versatile and ideal for any purpose. So don't miss out on this exceptional chance to make this home your own!

  30. 2023-06-08
    listed $129,900 Active
    Show marketing remark (1001 chars)

    Experience life with this gorgeously renovated abode! Nestled in a tranquil, park-like setting, this spacious 2 bedroom residence exudes welcome and warmth. Whip up your culinary masterpieces in the grand kitchen, then unwind in the living room or dining area. Feel cozy with new flooring under feet and freshly painted walls. As the sun sets, bask in the splendor of the expansive deck, perfect for intimate gatherings or large events. Elevating this home are the recently installed roof for the house and garage in 2022, a brand new furnace and A/C also added in 2022, and a new hot water tank in 2023. The electrical system has been updated and features a subpanel in the garage, making it the ultimate spot for any hobbyist or craftsman to unleash their creativity. This is an unparalleled opportunity to experience life as meant to be, with the added bonus of a remarkable space that is versatile and ideal for any purpose. So don't miss out on this exceptional chance to make this home your own!

  31. 2023-04-19
    soldstatus $121,000
  32. 2023-04-14
    soldstatus $121,000 Sold
  33. 2023-04-14
    soldstatus $121,000 Closed
  34. 2023-03-14
    status Pending
  35. 2023-03-14
    status Pending
  36. 2023-03-10
    listed $117,900 Active
  37. 2023-03-10
    listed $117,900 Active
  38. 2022-02-10
    historical
  39. 2022-01-17
    soldstatus $30,128 Sold
  40. 2022-01-17
    soldstatus $30,128 Closed
  41. 2021-11-30
    historical
  42. 2021-11-30
    listed $30,000
  43. 2021-11-30
    historical
  44. 2021-11-30
    listed $30,000
  45. 1993-05-20
    soldstatus $35,000
  46. 1992-11-18
    soldstatus $24,300
  47. 1992-03-18
    soldstatus $16,000

ⓘ 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
$1,332 · $111/mo
Projected year-2 tax
$1,783 · $149/mo
Expected delta
+$450/yr (+$38/mo · 33.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$17,865
− Mortgage interest
−$8,122
− Property taxes
−$1,332
− Insurance
−$725
− Repairs & maintenance
−$1,429
− Management
−$1,429
− Depreciation
−$4,218
Taxable income
$609
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$146
After-tax cash flow
$2,785/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
Redford Union Schools District No. 1
NCES district ID
2629460
Math proficiency
8% ▼ -6.00%
Reading proficiency
23% ▬ 0.00%
Median HH income
$49,778
Composite
14.1/100
National rank
#9460
State rank
#489 of 540 in MI

Livability — Livonia

Score
77/100
State rank
#116
US rank
#2784

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

City population
56,806
Population (ZIP)
17,097

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
Diverse neighborhood (Simpson 0.64)
Race & ethnicity
White 45% Black 40% Two or more races 10% Hispanic / Latino 6%
Hispanic origin (detail)
Mexican 6%
Common ancestry
Romanian 5% Lithuanian 3% Slovak 2%
Foreign-born
4% · Canada
Languages at home
93% English-only · Spanish 5% Chinese 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
▼ -177.98%
Current HPI
236.2958
Rent YoY
Metro
State GDP YoY
▲ 1.37%
F500 in state
28

Industry mix (Fortune 500 HQ in MI)

Industry F500 HQs Revenue

Price history

+806.2% since first listed
32 events — show timeline
  • 2026-05-19 Price Changed $144,998 MiRealSource-MiMLS
  • 2026-05-18 Price Changed $144,998 REALCOMP
  • 2026-05-09 Listed $149,999 MiRealSource-MiMLS
  • 2026-05-09 Listed $149,999 REALCOMP
  • 2026-05-03 Coming Soon $149,999 MiRealSource-MiMLS
  • 2023-08-04 Pending REALCOMP
  • 2023-07-31 Sold (Public Records) $124,900 Public Records
  • 2023-07-18 Sold (MLS) $124,900 MiRealSource-MiMLS
  • 2023-07-18 Sold (MLS) $124,900 REALCOMP
  • 2023-06-21 Contingent MiRealSource-MiMLS
  • 2023-06-21 Contingent REALCOMP
  • 2023-06-18 Price Changed $124,900 MiRealSource-MiMLS
  • 2023-06-18 Price Changed $124,900 REALCOMP
  • 2023-06-08 Listed $129,900 MiRealSource-MiMLS
  • 2023-06-08 Listed $129,900 REALCOMP
  • 2023-04-19 Sold (Public Records) $121,000 Public Records
  • 2023-04-14 Sold (MLS) $121,000 MiRealSource-MiMLS
  • 2023-04-14 Sold (MLS) $121,000 REALCOMP
  • 2023-03-14 Pending MiRealSource-MiMLS
  • 2023-03-14 Pending REALCOMP
  • 2023-03-10 Listed $117,900 MiRealSource-MiMLS
  • 2023-03-10 Listed $117,900 REALCOMP
  • 2022-02-10 Listing Removed REALCOMP
  • 2022-01-17 Sold (MLS) $30,128 MiRealSource-MiMLS
  • 2022-01-17 Sold (MLS) $30,128 REALCOMP
  • 2021-11-30 Listed $30,000 MiRealSource-MiMLS
  • 2021-11-30 Listing Removed MiRealSource-MiMLS
  • 2021-11-30 Listed $30,000 REALCOMP
  • 2021-11-30 Listing Removed REALCOMP
  • 1993-05-20 Sold (Public Records) $35,000 Public Records
  • 1992-11-18 Sold (Public Records) $24,300 Public Records
  • 1992-03-18 Sold (Public Records) $16,000 Public Records

Property tax history

+1.7%/yr

Latest (2025): $1,332 · -58.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…