See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

8518 Sussex St, Detroit, MI, 48228

2beds
1baths
832sqft
$70,000
$84price/sqft
$814/moest. monthly cost
$32,560/yrincome needed

About This Home

Well-maintained brick home in an established neighborhood with a reliable long-term tenant currently paying $1,100/month. Great opportunity for investors seeking immediate rental income. Property is tenant occupied. Please do not disturb the tenant. Showings and inspections will be scheduled only after an accepted offer. BATVAI.

Getting Around

45
WalkingCar-Dependent
47
TransitSome Transit
44
BikeSomewhat Bikeable

Schools

4/10
Barton Elementary SchoolGrades PK-72.0 mi
3/10
Cody High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1940

Materials

  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 0

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 832
  • Total interior livable area: 832 sqft

Property

Details

  • Parcel number: 22045894.

Features

  • Stories: 1

Lot

  • Lot size: 3,484 sqft
  • Lot size dimensions: 35 x 105

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 WaveRelatively High
  • 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 $353$4,236
Home Insurance *$188$2,256
Property Taxes $85$1,020
Electricity $188$2,259
Total$814$9,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$27,908/yr
40% on housing$24,420/yr
45% on housing$21,706/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

$84This listing

vs Other Active Listings

Avg $/sqft

ZIP 48228$53
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48228$74
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
2026-07-29Listed for sale$70,000
2026-02-05Listing removed$1,100
2026-01-22Listed for rent$1,100
2026-01-22Listing removed$1,100
2025-12-18Listed for rent$1,100
2025-12-18Listing removed$1,100
2025-12-08Listing removed$70,000
2025-12-03Listed for rent$1,100
2025-07-06Listed for sale$70,000
2025-05-09Listing removed$70,000
2025-02-17Listed for sale$70,000
2021-07-13Sold$65,000
2016-10-31Sold$31,000
2008-08-01Sold$9,000
2007-03-02Sold$66,176
2005-05-24Sold$70,000
2003-11-28Sold$41,000

For Sale by Agent

AgentKristian Freiwald
BrokerageDomus Realty

Similar Homes