16062 Carlisle St · Detroit, 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
- 2 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 B 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 +30.0/30.0
- ARV discount +13.3/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +3.7/5.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$55,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
Key facts
- 5,227 sq ft lot
- 2 garage spots
- Built 1943
Property features AI
Exterior
- Parking: Detached 2-car garage
- Utilities: Water available; Public sewer
- Home design: Single-family residence; Two levels with ground-level entry (with steps)
- Construction: Brick construction; Brick/mortar foundation
- Exterior features: Paved road access; Lot approximately 0.12 acres (40 x 134)
Interior
- Bedrooms: Total of 4 rooms (bedrooms included)
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating (natural gas); No cooling
- Interior features: Full, unfinished basement
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $55k.
Deal economics
- At list price, monthly cash flow is $652 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $55k).
- Recommended offer: $48k (12.0% below list) — sets the bar for market timing.
- Cap rate 20.5% vs local median 10.2% in Detroit — 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 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 rising (+1.3%/yr); 373 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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).
- This rent runs 42% of the median local income ($39k/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 $380 of loan paydown is wiped out by about $2k 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 + 1.3% rent growth), your $15k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- It's been on market 1377 days — a 12% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 25y ago; this cycle's ask has dropped $20k (27%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1943 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 1377 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1943 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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
- 2.47% ✓
- Cap rate
- 20.52%
- Cash-on-cash
- 50.80%
- DSCR
- 3.26
- GRM
- 3.4
CMA / ARV
- ARV (on-the-fly)
- $63,162
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 16062 CARLISLE St | 0.00mi | 3/1.0 | 957 (0%) | 1mo | $42,000 | $44 | 99 |
| 16062 Carlisle St | 0.00mi | 3/1.0 | 957 (0%) | 1mo | $42,000 | $44 | 99 |
| 16291 Fairmount Dr | 0.32mi | 3/1.0 | 977 (+2%) | 2mo | $112,000 | $115 | 80 |
| 16260 Bringard Dr | 0.22mi | 3/1.0 | 1,036 (+8%) | 0mo | $80,000 | $77 | 76 |
| 16209 Tacoma St | 0.48mi | 3/1.0 | 968 (+1%) | 1mo | $62,900 | $65 | 75 |
| 16452 Bringard Dr | 0.30mi | 3/1.5 | 1,025 (+7%) | 2mo | $131,900 | $129 | 70 |
| 15644 Carlisle St | 0.27mi | 3/1.0 | 1,055 (+10%) | 0mo | $129,900 | $123 | 70 |
| 16277 Liberal St | 0.61mi | 3/1.0 | 945 (-1%) | 1mo | $25,000 | $26 | 68 |
| 16107 Manning St | 0.54mi | 3/1.0 | 925 (-3%) | 2mo | $61,000 | $66 | 68 |
| 16267 Edmore Dr | 0.16mi | 3/1.0 | 1,100 (+15%) | 1mo | $122,500 | $111 | 67 |
| 16301 Coram St | 0.74mi | 3/1.0 | 929 (-3%) | 1mo | $19,500 | $21 | 60 |
| 15275 Eastburn St | 0.54mi | 3/1.0 | 1,100 (+15%) | 2mo | $56,000 | $51 | 49 |
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 · 1.33% rent growth · sell at horizon
- IRR
- 46.6%
- Equity multiple
- 2.97×
- Total profit
- $30,409
- Equity at exit
- $8,201
- IRR
- 51.6%
- Equity multiple
- 5.62×
- Total profit
- $71,224
- Equity at exit
- $4,755
Cash invested: $15,400 (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 48205
- Home prices YoY
- -28.1%
- Rents YoY
- 1.3%
- Active inventory
- 373
- Price-to-rent
- 3.4×
Monthly cashflow live
- Estimated rent
- $1,358 high interval (Pro) →
- Mortgage (P&I)
- −$288
- Tax from tax record
- −$109 /mo · $1,312/yr
- Insurance
- −$23
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$285
- Net cashflow
- $652
Break-even live
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
- $13,750
- Closing costs
- $1,650
- 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 19 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 16410 Edmore Dr Detroit, MI | 3.0 | 1.0 | 850 | $1,250 | $1.47 | 14d | 1 | 0.24mi |
| 15663 Carlisle St Detroit, MI | 2.0 | 1.0 | 803 | $1,050 | $1.31 | 14d | 1 | 0.25mi |
| 16291 Eastburn St Detroit, MI | 3.0 | 1.0 | 1000 | $1,364 | $1.36 | 24d | 1 | 0.27mi |
| 16225 Manning St Detroit, MI | 4.0 | 2.0 | 1036 | $1,475 | $1.42 | 43d | 1 | 0.55mi |
| 15909 Maddelein St Detroit, MI | 3.0 | 1.0 | 894 | $1,266 | $1.42 | 43d | 1 | 0.85mi |
| 16212 Maddelein St Detroit, MI | 2.0 | 1.0 | 800 | $1,200 | $1.50 | 12d | 1 | 0.88mi |
| 19152 Woodside St Harper Woods, MI | 3.0 | 1.0 | 916 | $1,500 | $1.64 | 17d | 1 | 1.08mi |
| 14068 Carlisle St Detroit, MI | 3.0 | 1.0 | 1020 | $1,300 | $1.27 | 24d | 1 | 1.21mi |
| 12716 Riad St Detroit, MI | 3.0 | 1.0 | 974 | $1,275 | $1.31 | 17d | 1 | 1.22mi |
| 14461 Lappin St Detroit, MI | 3.0 | 1.5 | 989 | $1,150 | $1.16 | 17d | 1 | 1.27mi |
| 19144 Moross Rd Detroit, MI | 2.0 | 1.0 | 900 | $1,050 | $1.17 | 43d | 1 | 1.30mi |
| 19365 Kingsville St Harper Woods, MI | 4.0 | 1.5 | 996 | $1,650 | $1.66 | 14d | 1 | 1.32mi |
| 19442 Kingsville St Harper Woods, MI | 3.0 | 1.0 | 1000 | $1,500 | $1.50 | 17d | 1 | 1.40mi |
| 12075 Rossiter St Detroit, MI | 3.0 | 1.0 | 1100 | $1,245 | $1.13 | 14d | 1 | 1.41mi |
| 12075 Rossiter St Detroit, MI | 3.0 | 1.0 | 1100 | $1,245 | $1.13 | 43d | 1 | 1.41mi |
| 15494 Mapleridge St Detroit, MI | 3.0 | 1.0 | 937 | $1,275 | $1.36 | 43d | 1 | 1.41mi |
| 19661 Kenosha St Harper Woods, MI | 3.0 | 2.0 | 1000 | $1,400 | $1.40 | 24d | 1 | 1.43mi |
| 20600 Balfour St Harper Woods, MI | 1.0–2.0 | 1.0–2.0 | 971 | $1,671 | $1.72 | 1d | 12 | 1.43mi |
| 20015 Lochmoor St Harper Woods, MI | 3.0 | 1.0 | 1006 | $1,500 | $1.49 | 16d | 1 | 1.50mi |
Listing history 38 events
-
2026-05-12status Pending 233-char remark
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2026-05-12status Pending
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2026-05-01historical Accepting Backup Offers 233-char remark
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2026-05-01historical Active Under Contract
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2024-01-30price $55,000 233-char remark
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2024-01-30price $55,000
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2023-11-23price $57,000 233-char remark
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2023-11-22price $57,000
-
2023-08-16price $62,000 233-char remark
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2023-08-16price $62,000
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2023-05-05price $63,000 233-char remark
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2023-05-04price $63,000
-
2023-04-27price $65,000 233-char remark
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2023-04-27price $65,000
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2023-02-20price $67,000 233-char remark
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2023-02-20price $67,000
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2023-01-30price $67,500 233-char remark
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2023-01-30price $67,500
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2023-01-05price $70,000 233-char remark
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2023-01-04price $70,000
-
2022-12-06price $73,000 233-char remark
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2022-12-05price $73,000
-
2022-08-04$75,000 Active 233-char remark
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2022-08-04$75,000 Active
Show marketing remark (233 chars)
3 bedroom bungalow on Detroit's East Side needs clean out and cosmetic updates. Good bones. Nice deal for investor or handy owner occupant. Excellent located near Detroit / Warren border. Package deal available with other properties.
-
2005-04-19soldstatus $66,000 241-char remark
Show marketing remark (241 chars)
CORPORATE OWNED. NO DISCLOSURES. SOLD AS IS. BUYERS AGENT RESPONSIBLE FOR ALL INSPECTIONS IF NEEDED. CALL LISTER FOR ALL DETAILS. SHOW AND SELL. OFFER MUST BE ACCOMPANIED BY PRE-APPROVAL OR PROOF OF FUNDS, OTHERWISE IT WILL NOT BE SUBMITTED.
-
2005-04-19soldstatus $66,000
Show marketing remark (241 chars)
CORPORATE OWNED. NO DISCLOSURES. SOLD AS IS. BUYERS AGENT RESPONSIBLE FOR ALL INSPECTIONS IF NEEDED. CALL LISTER FOR ALL DETAILS. SHOW AND SELL. OFFER MUST BE ACCOMPANIED BY PRE-APPROVAL OR PROOF OF FUNDS, OTHERWISE IT WILL NOT BE SUBMITTED.
-
2005-03-25historical
-
2005-03-03$75,000
-
2005-03-02$75,000 241-char remark
Show marketing remark (241 chars)
CORPORATE OWNED. NO DISCLOSURES. SOLD AS IS. BUYERS AGENT RESPONSIBLE FOR ALL INSPECTIONS IF NEEDED. CALL LISTER FOR ALL DETAILS. SHOW AND SELL. OFFER MUST BE ACCOMPANIED BY PRE-APPROVAL OR PROOF OF FUNDS, OTHERWISE IT WILL NOT BE SUBMITTED.
-
2005-03-02historical
Show marketing remark (241 chars)
CORPORATE OWNED. NO DISCLOSURES. SOLD AS IS. BUYERS AGENT RESPONSIBLE FOR ALL INSPECTIONS IF NEEDED. CALL LISTER FOR ALL DETAILS. SHOW AND SELL. OFFER MUST BE ACCOMPANIED BY PRE-APPROVAL OR PROOF OF FUNDS, OTHERWISE IT WILL NOT BE SUBMITTED.
-
2005-03-02historical
Show marketing remark (241 chars)
CORPORATE OWNED. NO DISCLOSURES. SOLD AS IS. BUYERS AGENT RESPONSIBLE FOR ALL INSPECTIONS IF NEEDED. CALL LISTER FOR ALL DETAILS. SHOW AND SELL. OFFER MUST BE ACCOMPANIED BY PRE-APPROVAL OR PROOF OF FUNDS, OTHERWISE IT WILL NOT BE SUBMITTED.
-
2004-12-17$82,500
-
2004-12-17$82,500
-
2001-10-11soldstatus $88,500
-
2001-10-10soldstatus $88,500
-
2001-08-09historical
-
2001-06-07$88,500
-
1993-01-14soldstatus $42,000
ⓘ 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
- $1,312 · $109/mo
- Projected year-2 tax
- $1,312 · $109/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 2 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
- $16,293
- − Mortgage interest
- −$3,081
- − Property taxes
- −$1,312
- − Insurance
- −$275
- − Repairs & maintenance
- −$1,303
- − Management
- −$1,303
- − Depreciation
- −$1,600
- Taxable income
- $7,418
- Est. tax owed @ 24.0%
- −$1,780
- After-tax cash flow
- $6,043/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
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)
- 34,187
- Household income
- $38,966
- Rent vs Own
- Severe rent burden
- 2121.0
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 (93%)
- Race & ethnicity
- Black 93% White 3% Two or more races 2%
- Foreign-born
- 1% · Canada
- Languages at home
- 98% English-only · Spanish 1%
Political lean MEDSL · Wayne
- 2024 margin
- Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
- 2008→2024 swing
- -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
- All cycles
- 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -91.80%
- Current HPI
- 235.0926
- Rent YoY
- ▲ 1.33%
- 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 |
|
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Price history
+31.0% since first listed38 events — show timeline
- 2026-05-12 Pending — MiRealSource-MiMLS
- 2026-05-12 Pending — REALCOMP
- 2026-05-01 Contingent — MiRealSource-MiMLS
- 2026-05-01 Contingent — REALCOMP
- 2024-01-30 Price Changed $55,000 MiRealSource-MiMLS
- 2024-01-30 Price Changed $55,000 REALCOMP
- 2023-11-23 Price Changed $57,000 MiRealSource-MiMLS
- 2023-11-22 Price Changed $57,000 REALCOMP
- 2023-08-16 Price Changed $62,000 MiRealSource-MiMLS
- 2023-08-16 Price Changed $62,000 REALCOMP
- 2023-05-05 Price Changed $63,000 MiRealSource-MiMLS
- 2023-05-04 Price Changed $63,000 REALCOMP
- 2023-04-27 Price Changed $65,000 MiRealSource-MiMLS
- 2023-04-27 Price Changed $65,000 REALCOMP
- 2023-02-20 Price Changed $67,000 MiRealSource-MiMLS
- 2023-02-20 Price Changed $67,000 REALCOMP
- 2023-01-30 Price Changed $67,500 MiRealSource-MiMLS
- 2023-01-30 Price Changed $67,500 REALCOMP
- 2023-01-05 Price Changed $70,000 MiRealSource-MiMLS
- 2023-01-04 Price Changed $70,000 REALCOMP
- 2022-12-06 Price Changed $73,000 MiRealSource-MiMLS
- 2022-12-05 Price Changed $73,000 REALCOMP
- 2022-08-04 Listed $75,000 REALCOMP
- 2022-08-04 Listed $75,000 MiRealSource-MiMLS
- 2005-04-19 Sold (MLS) $66,000 MiRealSource-MiMLS
- 2005-04-19 Sold (MLS) $66,000 REALCOMP
- 2005-03-25 Listing Removed — MiRealSource-MiMLS
- 2005-03-03 Listed $75,000 MiRealSource-MiMLS
- 2005-03-02 Listing Removed — MiRealSource-MiMLS
- 2005-03-02 Listing Removed — REALCOMP
- 2005-03-02 Listed $75,000 REALCOMP
- 2004-12-17 Listed $82,500 MiRealSource-MiMLS
- 2004-12-17 Listed $82,500 REALCOMP
- 2001-10-11 Sold (Public Records) $88,500 Public Records
- 2001-10-10 Sold (MLS) $88,500 MiRealSource-MiMLS
- 2001-08-09 Listing Removed — MiRealSource-MiMLS
- 2001-06-07 Listed $88,500 MiRealSource-MiMLS
- 1993-01-14 Sold (Public Records) $42,000 Public Records
Property tax history
-2.4%/yrLatest (2025): $1,312 · -54.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…