What is the rental yield in Warren Ave Community, Detroit, Michigan?

The gross yield in Warren Ave Community, Detroit, Michigan is 18.8. That is paired with prices about 13% below Detroit and 56% below Michigan, plus a 5.5% increase over the past year. The Red Flag score is 54, which indicates moderate risk.

How has home value changed in Warren Ave Community, Detroit, Michigan over the past year?

Home values in Warren Ave Community, Detroit, Michigan are up 5.5% over the past year. Prices remain about 13% below Detroit and 56% below Michigan, while the gross yield is 18.8. The Red Flag score is 54, so the risk profile is moderate.

How walkable is Warren Ave Community, Detroit, Michigan?

Warren Ave Community, Detroit, Michigan has a walkability of 68. The neighborhood also shows a gross yield of 18.8 and prices about 13% below Detroit and 56% below Michigan. The Red Flag score is 54, and education is in the 1st percentile.

How does Warren Ave Community compare with Detroit and Michigan?

Warren Ave Community, Detroit, Michigan is priced about 13% below Detroit and 56% below Michigan, while posting a gross yield of 18.8. Values are up 5.5% over the past year. The Red Flag score is 54, walkability is 68, and education is in the 1st percentile.

Neighborhood

Warren Ave Community

Detroit, Michigan US

Warren Ave Community, Detroit, Michigan is a high-yield, lower-priced neighborhood with a gross yield of 18.8 and prices about 13% below Detroit and 56% below Michigan. Values have risen 5.5% over the past year, while the Red Flag score of 54 points to moderate risk. Walkability is 68, and education is in the 1st percentile.

AI Summary•Updated May 2026

Area

1.02 mi²

ZIP Code

48228

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 PM2.5US Census ACS / TIGER 2024

Verified Price · Median Sale

$76,977

YoY+5.5%

Gross Rental Yield

18.8%

Listed rent · ZORI annualized

Red Flag Index

Moderate

54 / 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

Warren Ave Community Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Warren Ave Community, Detroit.

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$76,977	+5.5%
Price / Sq Ft (Verified)	$67/sqft	-10.4%
Asking Rent (Median)	$1,207/mo	+7.3%
Gross Rental Yield	18.8%	—
Liquidity Score	35 / 100	Moderate
Homes Sold (Period)	116	-14.7%

Is Warren Ave Community Safe? Natural-Hazard Risk

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

Red Flag Breakdown

54 / 100

Moderate Risk

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

Heat100Very High

Tornado80Very High

Strong Wind80Very High

Earthquake60High

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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See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Above-average gross rental yield at 18.8%

Appreciating market — +5.5% sale-price YoY

Active transaction volume — 116 homes sold last period

Heat risk is Very High (100/100)

Tornado risk is Very High (80/100)

Insights are generated from Warren Ave Community's live DistrictScore metrics.

Warren Ave Community 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-21.7% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Warren Ave Community 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; Warren Ave Community inherits the Michigan figures.

Radon Potential

EPA

Zone 3

Zone 3 — Lowest potential · Warren Ave Community

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

Walkability & Amenities in Warren Ave Community

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

68

Somewhat Walkable

Walkability Score

10

Grocery

5

Dining

4

Schools

0

Universities

1

Hospitals

2

Pharmacies

2

Parks

1

Rail Transit

0

Coworking

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

Warren Ave Community vs Detroit vs Michigan

How Warren Ave Community benchmarks against its city and state medians.

Benchmark vs City & State

Across Warren Ave Community, the median sale price sits about 13% below the median for Detroit neighborhoods and about 59% below the statewide median. Gross rental yield is 18.8%, against 12.5% for Detroit neighborhoods and 6.5% statewide. Over the past 12 months, prices rose 5.5%. Transaction liquidity sits above the median for Detroit neighborhoods and above the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Warren Ave Community	$67/sqft	18.8%	35
Detroit	$77/sqft	12.5%	24
Michigan	$162/sqft	6.5%	24

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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

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

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Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Warren Ave Community Real Estate FAQ

Warren Ave Community, Detroit, Michigan offers a gross yield of 18.8 and prices about 13% below Detroit and 56% below Michigan. The Red Flag score is 54, with values up 5.5% over the past year. That combination supports a yield-focused profile with moderate risk.

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Compare Warren Ave Community with nearby neighborhoods in Detroit.

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