Off MarketRisky Deal1 days on market
42261 Mandalay Ct
42261 Mandalay Ct, Sterling Heights, MI 48313, Sterling Heights, MI 48313
$509,900
Estimate®:$447,200
Listing Price
42261 Mandalay Ct, Sterling Heights, MI 48313
Loc: Sterling Heights, MI
Days Listed
1
Tax Assessed
$195k
Estimate®
$447k
Market Rate
Lot Size
6,970 sqft
Rent Estimate
$1,820/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.
7
Graebner Elementary School
PK-6
0.1 mi away
7
Bemis Junior High School
7-8
1 mi away
8
Henry Ford II High School
9-12
1.4 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
traditionaltwo-storybrick-veneervinyl-sidingattached-garagegabled-roofsuburbanfamily-homelandscaped-front-yardcovered-entrywayshingle-roofresidentialcurb-appeal
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.43%
Total ROI
-10.1%
Cash Flow
$-2,038/mo
DSCR
0.23
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,038/mo net cash flow with a 1.4% 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 |
|---|---|---|---|
| 2015-09-30 | Sold | $290,605 | $69 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $7,678.66 | $251,300 |
| 2025 | $7,279.35 | $243,800 |
| 2024 | $6,893.79 | $238,000 |
| 2023 | $6,550.98 | $213,300 |
| 2022 | $6,415.7 | $187,400 |
| 2021 | $0 | $179,000 |
| 2020 | $0 | $177,000 |
| 2019 | $0 | $173,800 |
| 2018 | $5,664.02 | $163,200 |
| 2017 | $0 | $152,600 |
| 2016 | $0 | $152,600 |
| 2015 | $0 | $12,000 |
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