For SaleRisky Deal4 days on market
4830 Homestead Dr
4830 Homestead Dr, Sterling Heights, MI 48314, Sterling Heights, MI 48314
$749,900
Estimate®:$716,200
Listing Price
4830 Homestead Dr, Sterling Heights, MI 48314
Loc: Sterling Heights, MI
Days Listed
4
Tax Assessed
$177k
Estimate®
$716k
Market Rate
Lot Size
0.31 acres
Rent Estimate
$3,329/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
2.4 mi away
6
Frank Jeannette Jr. High School
7-9
1.7 mi away
8
Adlai Stevenson High School
9-12
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 Residence1997Forced Air, Natural Gas2 Attached Garage spaces$450 annually0.31 Acres4 Days$139
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.39%
Total ROI
32.5%
Cash Flow
$-1,774/mo
DSCR
0.54
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,774/mo net cash flow with a 3.4% 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 | Listed for sale | $749,900 | $139 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $6,956.48 | $296,000 |
| 2025 | $6,594.74 | $286,700 |
| 2024 | $6,245.44 | $269,900 |
| 2023 | $5,934.87 | $241,500 |
| 2022 | $5,812.29 | $220,500 |
| 2021 | $0 | $213,400 |
| 2020 | $0 | $205,900 |
| 2019 | $0 | $194,900 |
| 2018 | $5,131.33 | $178,100 |
| 2017 | $0 | $171,500 |
| 2016 | $0 | $171,500 |
| 2015 | $0 | $159,400 |
| 2014 | $0 | $140,200 |
| 2001 | $4,027.68 | $140,500 |
| 2000 | $3,895.93 | $136,200 |
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