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29172 Oakwood St
29172 Oakwood St
Inkster, MI 48141
About
Single-family home located in Inkster, Michigan in the Detroit area. The home features a new kitchen with an eat-in area, an updated bathroom, laminate flooring throughout, and a laundry room off the kitchen. Exterior features include a one-car detached garage and a fully fenced backyard. The property is currently occupied on a 1-year lease renewal from 06/10/2025 to 06/09/2026 at $1,155 per month with a $1,100 security deposit.
Property Management
Whalec Property Management
Whalec Property Management LLC is a specialized property management company with proven experience in the Lofty marketplace ecosystem. Led by Alec Vanbeek, the company brings a unique understanding of tokenized real estate management and the specific requirements of properties with distributed ownership structures.
Due Diligence Documents
About this offering
The Market
Inkster, MI
Inkster is a western Wayne County suburb with some of the most affordable homes in the Detroit metro. It sits minutes from Detroit Metro Airport and near I-94, with easy access to major employers in Dearborn, Detroit, and the surrounding automotive corridor. Low home prices and a convenient location make it an accessible place to own.
Property Updates
Governance Results for 29172 Oakwood St:
The Governance Voting results are back for the owner proposed vote.
The leading vote is:
YES: Authorize Alec VanBeek to sell the property for maximum token value without further governance votes.
This voting option received 368 / 688 votes, which is equal to 53.48% of the total votes.
The vote will not pass because it did not reach a 60% Supermajority.
The voting results can be found on chain here or by searching the application ID: 3593790211
Investor Reviews
Frequently Asked Questions
Have questions?
Have other questions? Learn how Lofty works
Share price
29172 Oakwood St
Inkster, MI 48141
About
Single-family home located in Inkster, Michigan in the Detroit area. The home features a new kitchen with an eat-in area, an updated bathroom, laminate flooring throughout, and a laundry room off the kitchen. Exterior features include a one-car detached garage and a fully fenced backyard. The property is currently occupied on a 1-year lease renewal from 06/10/2025 to 06/09/2026 at $1,155 per month with a $1,100 security deposit.
Property Management
Whalec Property Management
Whalec Property Management LLC is a specialized property management company with proven experience in the Lofty marketplace ecosystem. Led by Alec Vanbeek, the company brings a unique understanding of tokenized real estate management and the specific requirements of properties with distributed ownership structures.
Due Diligence Documents
Offering Details
The Market
Inkster, MI
Inkster is a western Wayne County suburb with some of the most affordable homes in the Detroit metro. It sits minutes from Detroit Metro Airport and near I-94, with easy access to major employers in Dearborn, Detroit, and the surrounding automotive corridor. Low home prices and a convenient location make it an accessible place to own.
Property Updates
Governance Results for 29172 Oakwood St:
The Governance Voting results are back for the owner proposed vote.
The leading vote is:
YES: Authorize Alec VanBeek to sell the property for maximum token value without further governance votes.
This voting option received 368 / 688 votes, which is equal to 53.48% of the total votes.
The vote will not pass because it did not reach a 60% Supermajority.
The voting results can be found on chain here or by searching the application ID: 3593790211
Investor Reviews
Frequently Asked Questions
Need Help?
Have other questions? Learn how Lofty works
Not paying rent right now
Right now this home's rent goes toward costs such as repairs, refilling the operating reserve, or covering a vacancy.
Projected Returns
Investing with Lofty can generate returns in two ways:
1) Annual cash flow from rental income.
2) Annual appreciation from long-term property value changes.
Monthly Cash Flow
$1,200.00
Monthly Rent
$1,200.00
Monthly Expenses
$0.00
Paid to investors
Annual Appreciation
Based on the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single family homes appreciated an average of 11% per year over the last 20 years (March 31, 2003 - March 31, 2023).
This figure reflects a national benchmark for single family homes in the 35th to 65th home-price percentile range and may not represent this specific property's zip code. Real-world returns can also vary based on investment costs, hold period, and leverage.
Use the returns calculator below to explore how different assumptions can impact your hypothetical investment outcome.
Projected Returns Calculator
Adjust the assumptions below to model how this property could grow over 7 years.
Annualized Return
+3.6%
per year over 7 years
7-Year Projection
$1,286
+$286 vs. initial $1,000
This calculator is for illustrative purposes only and displays a range of hypothetical investment outcomes based on the inputs you provide. Actual investment outcomes depend on many factors and cannot be determined before the investment period ends. Historical performance is not indicative of future results.
The calculations assume a 7-year hold period and an average annual net operating income increase of 3%. The 10- and 20-year averages are based on data from the ZHVI Single Family Homes Time Series and reflect averages for single-family homes in the 35th to 65th percentile by home price.