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29
Rent potential climbs to $2,219
Updated 12 days ago • 3 new comps
Your Investment Paths
Turnkey Rental
The property shows excellent rental potential, with market data suggesting monthly income ranging between $2,127 and $2,373. This consistent demand positions it as a reliable asset for generating steady cash flow in Sterling Heights. With an estimated yield of 10.00%, this investment offers a strong return on capital. The combination of projected monthly income and an annual appreciation of $10,625 makes this a promising opportunity for your portfolio.
More about this home
Neighborhood Assessment
The neighborhood around 8453 Smethwick Rd in Sterling Heights is super convenient and family-friendly, with highly-rated schools like Stevenson High (9/10) and Plumbrook Elementary (7/10) right nearby—just a short walk, honestly. You also get easy access to parks, shops, and some great dining spots, not to mention the Michigan Lottery Amphitheatre for concerts and events. Safety and walkability are definite pluses, with well-kept streets and established homes lending the area a comfortable, settled vibe. Looking at nearby comps, homes in this area are moving between $220K and $317K, with your 3-bed, 2-bath, 1,232 sqft place listed at $270K. That’s right in line if not a touch above some comps, but this home is super upgraded—new roof, kitchen, AC, appliances, the works. The fenced yard, oversized garage, and added storage make it really stand out for younger buyers, small families, or folks looking to downsize without losing amenities.
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Rental Income
$27K
Yield
10.0%
Appreciation
$11K
Year 1 Estimates
Fix-and-Flip
A kitchen renovation offers a fantastic opportunity to elevate daily living. While broader market data shows a price per square foot of $199 compared to $185 for updated homes, these projects create a premium, modern atmosphere. This upgrade helps your home stand out by blending style with function. With strong rent potential around $2,200 and a fresh, inviting layout, it is a smart way to boost pride of ownership and buyer appeal.
Comps
4
Fix-and-Flip
An open kitchen creates a spacious, modern atmosphere perfect for entertaining. While the price per square foot remains steady at roughly $195, this feature transforms your home into a bright, social hub that buyers consistently love. This upgrade significantly boosts your property’s lifestyle appeal and competitive edge. With solid rent potential and strong long-term growth, an open floor plan is a fantastic way to modernize your space and enhance daily living enjoyment.
Comps
8
Buy-Rehab-Rent
This property offers a solid BRR opportunity with a projected post-renovation value between $250,000 and $277,000. Targeting renovations aligned with market comps will effectively maximize the property’s equity uplift and future appreciation potential. Strong rental fundamentals support this investment, with an estimated monthly income of $2,209. Achieving a 10.1% yield makes this asset an attractive choice for investors seeking steady cash flow and long-term wealth building.
Rental Income
$27K
Yield
10.1%
Appreciation
$10K
Year 1 Estimates, Post Typical Renovation
Market Activity
Estimated value
$270K
$23.1K below comp median
Comparative Market Analysis
$180K – $377K
~78 days to sell
Based on 8 comps
8453 Smethwick Rd, Sterling Heights Investment Report: Flip & Rental Analysis · Frontflip