For SaleRisky Deal32 days on market
402 E Buchanan St
402 E Buchanan St, Saint Johns, MI 48879, Saint Johns, MI 48879
$241,000
Estimate®:$238,600
Listing Price
402 E Buchanan St, Saint Johns, MI 48879
Loc: Saint Johns, MI
Days Listed
32
Tax Assessed
$66k
Estimate®
$239k
Market Rate
Lot Size
7,405 sqft
Rent Estimate
$1,661/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.
8
Oakview Elementary School
PK-5
0.6 mi away
9
St. Johns Middle School
6-8
1 mi away
6
St. Johns High School
9-12
0.7 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
ranchsingle-storyattached garagevinyl sidingwhite exteriorfront lawnpaved drivewaybungalow-stylecozyresidentialsimpletraditionalcurb appeal
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.72%
Total ROI
83.3%
Cash Flow
$-101/mo
DSCR
0.92
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-101/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.7%)
- • Strong rental demand in Saint Johns
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 |
|---|---|---|---|
| 2026-09-13 | Price change | $241,000 | $147 |
| 2026-08-23 | Listed for sale | $248,000 | $151 |
| 2012-07-27 | Sold | $94,200 | $57 |
| 2012-03-29 | Listed for sale | $99,000 | $60 |
| 2012-01-06 | Listing removed | $99,900 | $61 |
| 2011-07-01 | Price change | $99,900 | $61 |
| 2011-03-30 | Listed for sale | $105,900 | $65 |
| 2008-07-24 | Sold | $120,000 | $73 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,673.82 | $17,500 |
| 2024 | $0 | $90,000 |
| 2023 | $0 | $83,800 |
| 2022 | $0 | $74,700 |
| 2021 | $0 | $70,100 |
| 2020 | $0 | $68,600 |
| 2019 | $2,476.51 | $68,500 |
| 2018 | $0 | $61,200 |
| 2017 | $0 | $62,600 |
| 2016 | $0 | $57,800 |
| 2015 | $0 | $50,300 |
| 2011 | $0 | $55,700 |
| 2009 | $0 | $59,700 |
| 2008 | $0 | $64,000 |
| 2007 | $0 | $66,000 |
| 2006 | $0 | $65,800 |
| 2005 | $0 | $63,700 |
| 2004 | $0 | $63,800 |
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