Cottage / Storybook home in Detroit, MI
This 1,269-square-foot Cottage home in Detroit, MI includes 4 bedrooms and 3 bathrooms. The Cottage styling carries through the home's design.
| Price | $50,000 |
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| Beds | 4 |
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| Baths | 3 |
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| Sqft | 1269 |
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| Architectural style | Cottage / Storybook (42% match) |
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| Address | 19346 Westphalia St, Detroit, MI 48205 |
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Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced below comparable homes.
- At $50K, this home is 55% below the $110K median for 67 similar Cottage / Storybook homes in Detroit, MI.
- That works out to $39 per square foot, 50% below the $78 comparable rate.
- On the market 27 days.
| This home | $50,000 |
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| Cottage / Storybook median in Detroit, MI | $109,900 (67 homes) |
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| Price per sq ft | $39 vs. $78 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $354/month with 20% down at a 7.28% 30-year fixed rate. You would need about $15,176 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $274/mo |
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| Property tax (new-buyer reassessed rate) | $62/mo |
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| Homeowners insurance | $19/mo |
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| Total monthly | $354/mo |
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| Down payment (20%) | $10,000 |
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| Income needed | $15,176/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home A (91 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | A (91/100) |
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| Beats renting in | 79% of modeled paths |
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| Modeled 5-yr equity (median) | $35,369 |
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| Range (10th to 90th pct) | $24,096 to $49,166 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Detroit, MI where local data is thin.
Local home values
Typical home values in Detroit, MI have risen about 22% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Zillow