For SaleExcellent Deal29 days on market
37899 Hayes Rd
37899 Hayes Rd, Sterling Heights, MI 48313, Sterling Heights, MI 48313
$310,000
Estimate®:$306,300
Listing Price
37899 Hayes Rd, Sterling Heights, MI 48313
Loc: Sterling Heights, MI
Days Listed
29
Tax Assessed
$113k
Estimate®
$306k
Market Rate
Lot Size
1.01 acres
Rent Estimate
$2,989/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
Havel Elementary School
PK-6
2.2 mi away
7
Bemis Junior High School
7-8
2.9 mi away
8
Henry Ford II High School
9-12
2.9 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 Residence1934Forced Air, Natural GasCeiling Fans, Central Air2 Garage spaces1.01 Acres29 Days$150
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 8/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.96%
Total ROI
131.9%
Cash Flow
$448/mo
DSCR
1.28
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $448/mo net cash flow with a 8.0% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (8.0%)
- • Strong rental demand in Sterling Heights
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 |
|---|---|---|---|
| 2026-09-17 | Price change | $310,000 | $150 |
| 2026-08-29 | Listed for sale | $325,000 | $157 |
| 2021-11-18 | Sold | $262,500 | $127 |
| 2021-09-24 | Pending sale | $275,000 | $133 |
| 2021-09-13 | Price change | $275,000 | $133 |
| 2021-09-03 | Price change | $299,000 | $145 |
| 2021-08-26 | Price change | $330,000 | $160 |
| 2021-08-17 | Listed for sale | $350,000 | $169 |
| 2013-12-30 | Sold | $127,000 | $61 |
| 2013-11-12 | Listed for sale | $139,900 | $68 |
| 2011-08-11 | Listing removed | $125,000 | $60 |
| 2010-06-19 | Listed for sale | $125,000 | $60 |
| 2010-06-11 | Sold | $110,000 | $53 |
| 2005-11-04 | Sold | $205,000 | $99 |
| 1997-03-13 | Sold | $130,000 | $63 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $6,502.71 | $145,300 |
| 2025 | $6,381.87 | $131,300 |
| 2024 | $5,891.47 | $124,500 |
| 2023 | $5,476.96 | $113,200 |
| 2022 | $2,729.01 | $99,500 |
| 2021 | $0 | $92,300 |
| 2020 | $0 | $88,800 |
| 2019 | $0 | $82,800 |
| 2018 | $2,409.32 | $75,900 |
| 2017 | $0 | $71,700 |
| 2016 | $0 | $71,700 |
| 2015 | $0 | $68,300 |
| 2014 | $0 | $58,400 |
| 2001 | $1,496.38 | $52,200 |
| 2000 | $1,447.38 | $50,600 |
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