For SaleRisky Deal13 days on market
3751 Lake Forest Dr
3751 Lake Forest Dr, Sterling Heights, MI 48314, Sterling Heights, MI 48314
$619,700
Estimate®:$603,500
Listing Price
3751 Lake Forest Dr, Sterling Heights, MI 48314
Loc: Sterling Heights, MI
Days Listed
13
Tax Assessed
$165k
Estimate®
$604k
Market Rate
Lot Size
0.41 acres
Rent Estimate
$3,160/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Schwarzkoff Elementary School
PK-6
3 mi away
6
Frank Jeannette Jr. High School
7-9
1.8 mi away
8
Adlai Stevenson High School
9-12
3.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Single Family Residence1997Forced Air, Natural GasCentral Air3 Garage spaces$400 annually0.41 Acres13 Days$147
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.99%
Total ROI
23.9%
Cash Flow
$-1,670/mo
DSCR
0.48
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,670/mo net cash flow with a 3.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Sterling Heights, MI
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-20 | Price change | $619,700 | $147 |
| 2026-09-17 | Listed for sale | $645,000 | $153 |
| 2005-06-01 | Sold | $380,000 | $90 |
| 2000-08-10 | Sold | $372,900 | $88 |
| 1997-06-13 | Sold | $278,500 | $66 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $6,470.93 | $275,500 |
| 2025 | $6,134.46 | $273,500 |
| 2024 | $5,809.57 | $250,300 |
| 2023 | $5,520.69 | $222,200 |
| 2022 | $5,406.71 | $200,200 |
| 2021 | $0 | $194,300 |
| 2020 | $0 | $190,900 |
| 2019 | $0 | $188,000 |
| 2018 | $4,773.24 | $173,300 |
| 2017 | $0 | $162,700 |
| 2016 | $0 | $162,700 |
| 2015 | $0 | $151,100 |
| 2014 | $0 | $127,800 |
| 2001 | $4,529.35 | $158,000 |
| 2000 | $3,913.08 | $136,800 |
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