Median home value: $245K (-1.2% YoY). Rent: $1,260/mo. Price-to-rent: 16.2x. Part of Detroit-Warren-Dearborn, MI.
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Home Value$245,310
-1.2%
Rent$1,260/mo
AFFORDABILITYRenting $365/mo cheaper ($1,260 rent)6.00% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Harrison Township.
$49,062 on $245,310
Affordable — 26% of income
Under the 28% guideline.
PITI$1,625
P/I26%
Afford$264K
Room+$19K
P&I $1,177Tax $315Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing