Pending
5963 Wayburn Street, Detroit, MI 48224
$50,000
MLS # 20251057389 (Realcomp)
3 beds2 baths1,069 sqftBuilt 19280.09 acres
1 / 1
Listing Description
First-time homebuyer or investor special! A 3-bedroom bungalow needs a few repairs, make this your dream home or a special addition to your investment portfolio. Tenant will vacate the premises prior to closing. Licensed real estate agents must accompany the showing. All data and measurements EST. BATVAI.
Source: SparkMLS
About this home
Located in Finney in Detroit, this property offers 3-bedroom, 2-bath, 1,069 sq ft, with original construction dating to 1928.
Currently offered at $50,000 (about $47/sq ft).
Property tax estimate: $1,534 per year ($128/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Broadband is available with download speeds up to 1,200 Mbps from 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,069 sqft
Lot Size0.09 acres
Year Built1928
Stories2
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
Garage1 space
HeatingForced Air
WaterPublic
Sale & Financing
Listed11/30/2025
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$1,339
Tax Year2025
State Equalized Value$23,900
Assessed Value$23,900
Parcel #21063845.
Source: Public Records
Legal Description
W WAYBURN 117 FRANK B WALLACE ALTER RD GARDENS A SUB L41 P10 PLATS, W C R 21/602 35 X 114
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Gerald E Lloyd
Bowers Realty & Investments, Inc
Frequently Asked Questions about 5963 Wayburn Street, Detroit, MI 48224
Which school district serves 5963 Wayburn Street, Detroit, MI 48224?
Per MLS# 20251057389, 5963 Wayburn Street, Detroit, MI 48224 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What financing options are available for 5963 Wayburn Street, Detroit, MI 48224?
Per MLS# 20251057389, this listing accepts Cash, Conventional, FHA financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5963 Wayburn Street, Detroit, MI 48224?
Per public tax records, annual property taxes for this property are $1,118. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5963 Wayburn Street, Detroit, MI 48224 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 5963 Wayburn Street, Detroit, MI 48224 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 5963 Wayburn Street, Detroit, MI 48224. The maximum advertised download speed is 1.2 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 5963 Wayburn Street, Detroit, MI 48224?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$1,534
Monthly$128
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
$
Monthly payment$452
Principal & interest$324
Property taxes$128
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5963 Wayburn Street, Detroit, MI 48224
View full property history →
Neighborhood
Finney
View all listings →
Community
Detroit
Explore neighborhoods →
County
Wayne County
View county overview →
Get email alerts for new listings near 5963 Wayburn Street
We'll notify you when something hits the market in Finney or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.