3801 Ellery St, Detroit, MI 48207

8 bd · 4 ba · 3,663 sqft · built 1909 · Detroit · MULTI_FAMILY·source listing ↗

$259,000

$279,000 first listed

seller intel

Price cut

−7.2%

from $279,000

Motivation score

37/100

OnePercent model (vv1)$2,248/mo

p10–p90 confidence band

HUD Fair Market Rent · 48207 · 8BR—

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Wayne

Flood risk indexRelatively Low FEMA NRI

Median household income$47,831

Median area rent$1,108/mo

Median home value$211,600

the verdict

0.87%vs 1.2% target

financing: 20% down · — (FRED, live) · 30yr

$259,000

0.87% · rent $2,248

Intrinsic value · income approach

$272,982

5% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.