3103 Cromwell St, Salem, MI 48167

3 bd · 2 ba · 1,960 sqft · built 2003 · Salem · MOBILE·source listing ↗

$119,900

rent, three ways

OnePercent model (vv1)$2,783/mo

point estimate — add comps for a band

HUD Fair Market Rent · 48167 · 3BR$2,260/mo

Area comps median (last 90d)—

Area comps median (last 90d)

\u2014

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Washtenaw

Flood risk indexRelatively Moderate FEMA NRI

Median household income$124,630

Median area rent$1,653/mo

Median home value$452,800

the verdict

2.32%vs 1.2% target

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

$119,900

2.32% · rent $2,783

Intrinsic value · income approach

$470,981

75% 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.