For SaleRisky Deal1 days on market
33642 Colfax Dr
33642 Colfax Dr, Sterling Heights, MI 48310, Sterling Heights, MI 48310
$305,000
Estimate®:$299,800
Listing Price
33642 Colfax Dr, Sterling Heights, MI 48310
Loc: Sterling Heights, MI
Days Listed
1
Tax Assessed
$94k
Estimate®
$300k
Market Rate
Lot Size
6,534 sqft
Rent Estimate
$1,852/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.
5
Harwood Elementary School
PK-5
0.8 mi away
6
Grissom Middle School
6-8
1.1 mi away
5
Warren Mott High School
9-12
2.3 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 Residence1967Forced Air, Natural GasCeiling Fans, Central Air2 Attached Garage spaces6,534 sqft1 Day$129
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.74%
Total ROI
62.0%
Cash Flow
$-377/mo
DSCR
0.76
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-377/mo net cash flow with a 4.7% 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 |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $305,000 | $129 |
| 2014-03-28 | Sold | $128,000 | $54 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $6,098.04 | $145,600 |
| 2025 | $5,870.32 | $135,700 |
| 2024 | $5,585.89 | $126,900 |
| 2023 | $5,287 | $114,100 |
| 2022 | $5,189.44 | $105,800 |
| 2021 | $0 | $98,700 |
| 2020 | $0 | $92,400 |
| 2019 | $0 | $85,300 |
| 2018 | $3,845.99 | $73,800 |
| 2017 | $0 | $71,100 |
| 2016 | $0 | $71,100 |
| 2015 | $0 | $67,400 |
| 2014 | $0 | $55,000 |
| 2001 | $2,024.96 | $57,400 |
| 2000 | $1,886.72 | $55,700 |
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