13693 Hawaii Ave · Eagle, MI 48822

$69,900

3 bd · 1.0 ba · 1,352 sqft · Manufactured public records · 30 Days on market

Built 2002 Good condition $640/mo HOA · 44% of rent

---

Why this score? — see what drove the D+ 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 +14.4/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +4.4/10.0
• Condition / age +3.8/5.0
• Schools +3.6/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Very nice manufactured home in Capital Crossings of Eagle Township offering comfortable living in a convenient location between Dewitt and Grand Ledge with easy highway access! This well maintained home features 3 bedrooms, 2 full bathrooms, and a spacious open layout with new flooring and fresh paint. The kitchen offers an island, eat-in dining area, and abundant cupboard space for storage and everyday convenience. The primary suite includes a relaxing sunken bathtub, while the first floor laundry adds extra convenience. Additional featues include a water softener and storage shed. Community amenities include a clubhouse, fitness center/gym, banquet and meeting rooms, playground, and a basketball court. Lot rent is $650/month.

Key facts

• Eat-in dining area
• Fresh paint
• New flooring

Tags

• EASY HIGHWAY ACCESS
• SPACIOUS OPEN LAYOUT
• NEW FLOORING
• FRESH PAINT
• KITCHEN ISLAND
• EAT-IN DINING AREA

Property features AI

Finance

• HOA & community: HOA present (Capital Crossings); Monthly association fee; Community amenities: clubhouse, fitness center, management, playground

Exterior

• Parking: Driveway parking; On-site and outside parking; Additional storage parking area
• Utilities: Public sewer; Water available; Sewer available; Electricity connected/available; Cable available
• Home design: One-level home; Built in 2002; City street frontage
• Construction: Vinyl siding; Crawl space foundation
• Exterior features: Front porch; Storage (including shed); Front yard; Views; Community clubhouse; Community park; Community playground

Interior

• Kitchen: Oven; Range; Refrigerator
• Bedrooms: 3 bedrooms (including a primary bedroom)
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air conditioning; Forced air heating
• Interior features: Ceiling fans; Eat-in kitchen; Kitchen island; Storage
• Laundry & utility: Laundry inside on the main level

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath manufactured listed at $70k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $14 ($165/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $69k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 64/100 on livability (#480 in MI) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment B; Watch: crime D+, amenities F, commute F.
• Portland Public Schools (town): math 30% / reading 50% proficiency, ranked #191 of 540 in MI (top 35%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 20 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 154 units permitted in Clinton County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $483 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($69k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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: HOA is 44% of rent.

Recommended offer $68,851 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 2.06% ✓
• Cap rate: 6.53%
• Cash-on-cash: 0.84%
• DSCR: 1.04
• GRM: 4.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -14.2%
• Equity multiple: 0.49×
• Total profit: $-10,036
• Equity at exit: $10,422

10-year hold

• IRR: -4.5%
• Equity multiple: 0.70×
• Total profit: $-5,926
• Equity at exit: $6,044

Cash invested: $19,572 (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 48822

• Home prices YoY: -18.2%
• Active inventory: 20
• Price-to-rent: 4.0×

Monthly cashflow live

• Estimated rent: $1,439 medium
• Mortgage (P&I): −$367
• Tax est. 1.5%: −$87 /mo · $1,048/yr
• Insurance: −$29
• HOA: −$640
• Vacancy / Maint / Mgmt: −$302
• Net cashflow: $14

Break-even live

Break-even rent $1,422

Max offer price $69,900

Occupancy floor 94%

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13531 Declaration Ct Eagle, MI	3.0–4.0	2.0	1456	$1,439	$0.99	11d	1	0.07mi

HOA detail

• Monthly dues: $640 · $7,680/yr
• Likely covers: watergym

Listing history 17 events

1. 2026-06-18
   days on market $69,900 Active 30 DOM
2. 2026-06-17
   days on market $69,900 Active 29 DOM
3. 2026-06-16
   days on market $69,900 Active 28 DOM
4. 2026-06-15
   days on market $69,900 Active 27 DOM
5. 2026-06-14
   days on market $69,900 Active 25 DOM
6. 2026-06-10
   days on market $69,900 Active 22 DOM
7. 2026-06-09
   days on market $69,900 Active 21 DOM
8. 2026-06-08
   days on market $69,900 Active 20 DOM
9. 2026-06-07
   days on market $69,900 Active 19 DOM
10. 2026-06-05
    days on market $69,900 Active 16 DOM
11. 2026-06-03
    days on market $69,900 Active 15 DOM
12. 2026-06-02
    days on market $69,900 Active 14 DOM
13. 2026-06-01
    days on market $69,900 Active 13 DOM
14. 2026-05-31
    days on market $69,900 Active 12 DOM
15. 2026-05-30
    days on market $69,900 Active 11 DOM
16. 2026-05-19
    listed $69,900 Active

    Show marketing remark (737 chars)

    Very nice manufactured home in Capital Crossings of Eagle Township offering comfortable living in a convenient location between Dewitt and Grand Ledge with easy highway access! This well maintained home features 3 bedrooms, 2 full bathrooms, and a spacious open layout with new flooring and fresh paint. The kitchen offers an island, eat-in dining area, and abundant cupboard space for storage and everyday convenience. The primary suite includes a relaxing sunken bathtub, while the first floor laundry adds extra convenience. Additional featues include a water softener and storage shed. Community amenities include a clubhouse, fitness center/gym, banquet and meeting rooms, playground, and a basketball court. Lot rent is $650/month.

17. 2026-05-19
    listed $69,900 Active 737-char remark

    Show marketing remark (737 chars)

    Very nice manufactured home in Capital Crossings of Eagle Township offering comfortable living in a convenient location between Dewitt and Grand Ledge with easy highway access! This well maintained home features 3 bedrooms, 2 full bathrooms, and a spacious open layout with new flooring and fresh paint. The kitchen offers an island, eat-in dining area, and abundant cupboard space for storage and everyday convenience. The primary suite includes a relaxing sunken bathtub, while the first floor laundry adds extra convenience. Additional featues include a water softener and storage shed. Community amenities include a clubhouse, fitness center/gym, banquet and meeting rooms, playground, and a basketball court. Lot rent is $650/month.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,268
• − Mortgage interest: −$3,915
• − Property taxes: −$1,048
• − Insurance: −$350
• − Repairs & maintenance: −$1,381
• − Management: −$1,381
• − HOA: −$7,680
• − Depreciation: −$2,033
• Taxable loss: −$522
• Est. tax savings @ 24.0%: +$125
• After-tax cash flow: $290/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.

Condition & rehab AI · 1 photo

Good 75/100 Cosmetic rehab

This well-maintained manufactured home in Capital Crossings of Eagle Township is in good condition with minor cosmetic updates needed to enhance its curb appeal and rental value.

Value-add opportunities

• Resale Paint exterior siding — Fresh paint can enhance curb appeal and the home's overall appearance.
• Rental Clean and maintain gutters — Clean gutters improve drainage and prevent water damage, which is important for rental properties.

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint exterior siding — Fresh paint can enhance curb appeal and the home's overall appearance. ↑
• Rental Clean and maintain gutters — Clean gutters improve drainage and prevent water damage, which is important for rental properties. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Portland Public Schools
• NCES district ID: 2629120
• Math proficiency: 30% ▼ -9.00%
• Reading proficiency: 50% ▼ -8.00%
• Median HH income: $61,869
• Composite: 35.55/100
• National rank: #4905
• State rank: #191 of 540 in MI

Livability — Eagle

• Score: 64/100
• State rank: #480
• US rank: #13699

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 2,410

Population outlook (Clinton County) Hauer SSP2

• Today (2025): 81,490 people
• By 2030: 82,558 · +1.3%
• By 2040: 82,325 · +1.0%
• By 2050: 79,133 · -2.9%
• By 2075: 65,737 · -19.3%
• By 2100: 51,314 · -37.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Hispanic / Latino 10% Two or more races 10% Black 4%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Italian 7% Iranian 5% Romanian 4%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Clinton

• 2024 margin: Lean R (+8.6) · D 44.9% · R 53.5% · Other 1.5%
• 2008→2024 swing: -9.3pp toward R · 2008: 0.7pp · 2024: -8.6pp
• All cycles: 2024: R+8.6 2020: R+6.5 2016: R+12.7 2012: R+6.2 2008: D+0.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -59.86%
• Current HPI: 268.4386
• Rent YoY: —
• Metro: —
• 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

+0.0% since first listed

2 events — show timeline

• 2026-05-19 Listed $69,900 REALCOMP
• 2026-05-19 Listed $69,900 Greater Lansing AoR

Property tax history

-21.6%/yr

Latest (2025): $7 · -75.3% YoY. Source: county tax records.