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18109 Cornwall St, Detroit, MI, 48224

2beds
1baths
600sqft
$68,000
$113price/sqft
$811/moest. monthly cost
$32,440/yrincome needed

About This Home

Charming 2-bedroom bungalow currently tenant-occupied at $1,000/month, offering immediate cash flow for investors. This well-maintained home features a functional layout, full basement for additional storage or potential living space, and classic bungalow appeal. A great addition to any rental portfolio!

Getting Around

67
WalkingSomewhat Walkable
52
TransitGood Transit
53
BikeBikeable

Construction

Condition

  • Year built: 1946

Materials

  • Foundation: Basement,Block
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Entry
  • Area: 100
  • Dimensions: 10 X 10

Bedroom

  • Level: Second
  • Area: 110
  • Dimensions: 10 X 11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area above ground: 600

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 600 sqft

Other

  • Level: Entry

Property

Details

  • Parcel number: W21I002120C1
  • Special condition: Short Sale No,Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Entry location: GroundLevel
  • Pool features: None

Lot

  • Lot size: 3,920 sqft
  • Lot size dimensions: 37 x 108

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $343$4,116
Home Insurance *$197$2,364
Property Taxes $83$996
Electricity $188$2,259
Total$811$9,732
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$27,805/yr
40% on housing$24,330/yr
45% on housing$21,626/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$113This listing

vs Other Active Listings

Avg $/sqft

ZIP 48224$54
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48224$77
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-26Listed for sale$75,000
2025-08-17Listing removed$65,000
2024-05-24Listed for sale$65,000
2023-06-24Listing removed--
2023-03-15Listed for sale$65,000
2022-11-08Listed for rent$900
2018-07-14Listing removed$675
2018-06-23Listed for rent$675

For Sale by Agent

AgentDavid Rabior
BrokerageClyde Realty LLC

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