Ranch home in Detroit, MI
This 918-square-foot Ranch home in Detroit, MI includes 3 bedrooms and 1 bathroom. The Ranch styling carries through the home's design.
| Price | $25,000 |
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| Beds | 3 |
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| Baths | 1 |
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| Sqft | 918 |
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| Architectural style | Ranch (64% match) |
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| Address | 6031 Ashton Ave, Detroit, MI 48228 |
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Why buy this home
- Confirmed Ranch 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 $25K, this home is 77% below the $111K median for 90 similar Ranch homes in Detroit, MI.
- That works out to $27 per square foot, 70% below the $91 comparable rate.
- On the market 17 days.
| This home | $25,000 |
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| Ranch median in Detroit, MI | $111,000 (90 homes) |
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| Price per sq ft | $27 vs. $91 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 $177/month with 20% down at a 7.28% 30-year fixed rate. You would need about $7,588 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $137/mo |
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| Property tax (new-buyer reassessed rate) | $31/mo |
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| Homeowners insurance | $9/mo |
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| Total monthly | $177/mo |
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| Down payment (20%) | $5,000 |
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| Income needed | $7,588/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+ (98 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+ (98/100) |
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| Beats renting in | 94% of modeled paths |
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| Modeled 5-yr equity (median) | $23,387 |
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| Range (10th to 90th pct) | $16,612 to $31,280 |
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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