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Median Sold Price Drops to $70K
Updated 8 days ago • 8 new comps
Your Investment Paths
Rent Potential
$1,330 – $1,422 /mo
Based on 41 comps
More about this home
Neighborhood Assessment
The Fairfield neighborhood in Detroit's 48235 zip feels like a classic C-class area—you know, working-class with solid bones but room to grow. Walkability's okay for daily errands, though it's no urban hotspot. Schools nearby? King Academy rates a 4/10, Ford High's just 2/10—not drawing families in droves. Recent comps on Biltmore St sold 69K-140K for similar 3-bed, 1-bath bungalows around 1K sqft, showing steady demand without fireworks. No big developments popping up, but Detroit's broader revival keeps values climbing slowly. Comps averaging ~90K suggest this renovated 1,130 sqft gem at 16773 Biltmore St stands out, recently sold for 138.5K after quick flip from 35K. Low taxes at ~1.5K/yr help cash flow.
Market Activity
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Estimated value
$139K
$12.3K over comp median
Comparative Market Analysis
$105K – $170K
~45 days to sell
Based on 8 comps
16773 Biltmore St, Detroit Investment Report: Flip & Rental Analysis · Frontflip