What is the rental yield in Nardin Park, Detroit?

The gross yield in Nardin Park, Detroit, Michigan is 17.1. Prices are about 38% below the city median and 69% below the state median, while the price trend is -0.2 over the past year. The Red Flag score is 47, with walkability of 50.

How have prices changed in Nardin Park over the past year?

Prices in Nardin Park, Detroit, Michigan are down -0.2 over the past year, which is effectively flat. The neighborhood still trades about 38% below the city median and 69% below the state median, with a 17.1 gross yield and a Red Flag score of 47.

How does Nardin Park compare with Detroit and Michigan overall?

Nardin Park in Detroit, Michigan is priced about 38% below the city median and 69% below the state median. Compared with those lower price levels, it posts a 17.1 gross yield, walkability of 50, education in the 1st percentile, and a Red Flag score of 47.

Neighborhood

Nardin Park

Detroit, Michigan US

Nardin Park in Detroit, Michigan has an investment profile centered on a 17.1 gross yield, prices about 38% below the city median and 69% below the state median, and a -0.2 change over the past year. It also has walkability of 50 and education in the 1st percentile, alongside a Red Flag score of 47, indicating high income potential with notable risk markers.

AI Summary•Updated May 2026

Area

1.23 mi²

ZIP Code

48204

County

Wayne County

State

Michigan

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5EPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$77,977

YoY-0.2%

Gross Rental Yield

17.1%

Listed rent · ZORI annualized

Red Flag Index

Moderate

47 / 100

Walkability Score

Somewhat Walkable

OpenStreetMap POI density · national percentile

Education Score

1 / 100

Limited · better than 1% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Good

DistrictScore attractiveness · national model

Nardin Park Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Nardin Park, Detroit.

Unlock the Nardin Park 12-month price trend

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$77,977	-0.2%
Price / Sq Ft (Verified)	$48/sqft	-7.9%
Asking Rent (Median)	$1,109/mo	—
Gross Rental Yield	17.1%	—
Liquidity Score	20 / 100	Low
Homes Sold (Period)	38	-7.3%

Is Nardin Park Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Michigan crime context.

Red Flag Breakdown

47 / 100

Moderate Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Earthquake60High

Tornado60High

Heat60High

Strong Wind60High

Flood40Moderate

Wildfire40Moderate

Hurricane40Moderate

Hail20Low

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Michigan averaged 18.1 crimes and 4.3 violent per 1,000 residents (-9.7% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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What Stands Out AI Insight

Above-average gross rental yield at 17.1%

Insights are generated from Nardin Park's live DistrictScore metrics.

Nardin Park Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Michigan-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

6.4 µg/m³ Meets EPA, above WHO guideline-24.9% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Nardin Park centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 64% of U.S. neighborhoods.

Michigan Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	18.1	4.3	-9.7%
2023	20.2	4.6	+0.9%
2022	20.1	4.6	+8.3%
2021	18.6	4.9	+1.8%
2020	18.4	4.8	-9.3%
2019	20.2	4.4	—

Reported at the state level — the finest official US crime aggregation; Nardin Park inherits the Michigan figures.

Radon Potential

EPA

Zone 3

Zone 3 — Lowest potential · Nardin Park

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Superfund (NPL)3.5 kmModerate

Industrial odor9 nearbyVery High

Point-source screening near Nardin Park: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Nardin Park

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

50

Somewhat Walkable

Walkability Score

8

Grocery

3

Dining

4

Schools

0

Universities

1

Hospitals

1

Pharmacies

6

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within Nardin Park's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Nardin Park vs Detroit vs Michigan

How Nardin Park benchmarks against its city and state medians.

Benchmark vs City & State

Across Nardin Park, the median sale price sits about 38% below the median for Detroit neighborhoods and about 71% below the statewide median. Gross rental yield is 17.1%, against 12.5% for Detroit neighborhoods and 6.5% statewide. Over the past 12 months, prices were broadly flat. Transaction liquidity sits below the median for Detroit neighborhoods and below the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Nardin Park	$48/sqft	17.1%	20
Detroit	$77/sqft	12.5%	24
Michigan	$162/sqft	6.5%	24

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Compare Nardin Park against Detroit and Michigan medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & Michigan tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~1.13% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 4.25%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: $3.75 per $500.

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents7

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

1031 State Conformity

The state conforms to the federal 1031 like-kind exchange rules.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Michigan property-tax guidance for foreign buyers

Latest Detroit Real-Estate News

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Guaranteed Rate • Jun 18, 2026

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Eye On Housing • Jun 18, 2026

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Altus Group • Jun 18, 2026

Nardin Park Real Estate FAQ

Nardin Park in Detroit, Michigan shows a 17.1 gross yield and prices about 38% below the city median and 69% below the state median. The Red Flag score is 47, walkability is 50, and education is in the 1st percentile, so the numbers point to strong income potential with clear tradeoffs.

Neighborhoods near Nardin Park

Compare Nardin Park with nearby neighborhoods in Detroit.

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