For SaleRisky Deal34 days on market
8300 S Wacousta Rd
8300 S Wacousta Rd, Saint Johns, MI 48879, Saint Johns, MI 48879
$425,000
Listing Price
8300 S Wacousta Rd, Saint Johns, MI 48879
Loc: Saint Johns, MI
Days Listed
34
Tax Assessed
$470k
Lot Size
2.53 acres
Rent Estimate
$1,863/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.
N/A
Gateway Elementary School
PK-5
0.7 mi away
9
St. Johns Middle School
6-8
1.7 mi away
6
St. Johns High School
9-12
1.6 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
ranch stylebrick veneervinyl sidingattached garagemulti-car garageasphalt shingle roofgable rooflarge drivewayspacious lawnarched windowssuburbancountryside settingsingle-storyresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.15%
Total ROI
5.5%
Cash Flow
$-1,446/mo
DSCR
0.34
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,446/mo net cash flow with a 2.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Saint Johns, 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 |
|---|---|---|---|
| 2026-08-24 | Price change | $425,000 | $224 |
| 2026-08-20 | Listed for sale | $450,000 | $237 |
| 2025-06-27 | Sold | $366,000 | $193 |
| 2025-06-09 | Pending sale | $375,000 | $198 |
| 2025-05-20 | Contingent | $375,000 | $198 |
| 2025-05-14 | Listed for sale | $375,000 | $198 |
| 2019-05-24 | Listing removed | $259,900 | $137 |
| 2019-05-01 | Price change | $259,900 | $137 |
| 2018-08-14 | Price change | $269,900 | $142 |
| 2018-05-25 | Listed for sale | $279,900 | $148 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,628.2 | $235,000 |
| 2024 | $0 | $199,100 |
| 2023 | $0 | $166,500 |
| 2022 | $0 | $149,500 |
| 2021 | $0 | $148,500 |
| 2020 | $0 | $151,300 |
| 2019 | $2,830.56 | $145,200 |
| 2018 | $0 | $113,600 |
| 2017 | $0 | $114,700 |
| 2016 | $0 | $111,700 |
| 2015 | $0 | $107,900 |
| 2011 | $0 | $113,200 |
| 2009 | $0 | $116,400 |
| 2008 | $0 | $115,800 |
| 2007 | $0 | $115,400 |
| 2006 | $0 | $115,500 |
| 2005 | $0 | $110,700 |
| 2004 | $0 | $97,100 |
Similar Properties Nearby
Explore other investment opportunities in Saint Johns.