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19999 Roselawn St, Detroit, MI, 48221

2beds
1baths
768sqft
$59,000
$77price/sqft
$642/moest. monthly cost
$25,680/yrincome needed

About This Home

Nice home for Investment or a solid Starter home in a desireable Detroit neighborhood. Close to Fashion Avenue , Woodward & Ferndale. Property is Approved for Section 8 and currently occupied. Opportunity for Immediate Cashflow. Tenant is on MTM. An excellent opportunity for a new owner to Refresh the property and renew the lease.This tenant-occupied home is currently paying $1200/per month. Water bill is included in the Rent. Property will only be shown to prospective buyer with an accepted offer.

Getting Around

5
WalkingCar-Dependent
46
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

5/10
Pasteur Elementary SchoolGrades PK-60.6 mi
8/10
Bates AcademyGrades PK-80.5 mi
4/10
Mumford High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1930

Materials

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

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedroom

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

Bedroom

  • Level: Entry
  • Area: 80
  • Dimensions: 10 X 8

Bedrooms & Bathrooms

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

Features

  • Finished area above ground: 768

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 768 sqft

Kitchen

  • Level: Entry
  • Area: 48
  • Dimensions: 8 X 6

Living Room

  • Level: Entry
  • Area: 120
  • Dimensions: 12 X 10

Other

  • Level: Entry
  • Area: 24
  • Dimensions: 6 X 4

Property

Details

  • Parcel number: W16I030611S
  • Special condition: Real Estate Owned,Short Sale No
  • Exclusions: Exclusion(s) Do Not Exist

Features

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

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: 40 x 130

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
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
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 $298$3,576
Home Insurance *$84$1,008
Property Taxes $72$864
Electricity $188$2,259
Total$642$7,704
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$22,011/yr
40% on housing$19,260/yr
45% on housing$17,120/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

$77This listing

vs Other Active Listings

Avg $/sqft

ZIP 48221$93
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48221$102
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
2024-02-02Listing removed--
2023-12-04Listed for rent$990
2022-02-04Listing removed--
2021-12-13Listed for rent$990
2021-09-02Sold$25,000
2018-11-28Listing removed$600
2018-11-25Listed for rent$600
2012-03-26Sold$1,777

Unknown Listed By

AgentNicholas B Sadiq
BrokerageCommunity Choice Realty Inc

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