Ranch home in Detroit, MI
A Ranch home in Detroit, MI, it offers 3 bedrooms and 1 bathroom across 979 square feet. Its Ranch character defines the property's look.
| Price | $99,900 |
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| Beds | 3 |
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| Baths | 1 |
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| Sqft | 979 |
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| Architectural style | Ranch (34% match) |
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| Address | 19963 Goulburn St, Detroit, MI 48205 |
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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 Trulia.
Is this a good buy?
Priced a little under the area.
- At $100K, this home is 10% below the $111K median for 90 similar Ranch homes in Detroit, MI.
- That works out to $102 per square foot, 12% above the $91 comparable rate.
| This home | $99,900 |
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| Ranch median in Detroit, MI | $111,000 (90 homes) |
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| Price per sq ft | $102 vs. $91 comps median |
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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 $707/month with 20% down at a 7.28% 30-year fixed rate. You would need about $30,321 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $547/mo |
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| Property tax (new-buyer reassessed rate) | $123/mo |
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| Homeowners insurance | $37/mo |
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| Total monthly | $707/mo |
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| Down payment (20%) | $19,980 |
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| Income needed | $30,321/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) | $70,493 |
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| Range (10th to 90th pct) | $47,704 to $97,913 |
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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 Trulia