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20
Median Sold Price Up to $362K
Updated 11 days ago
Your Investment Paths
Turnkey Rental
1371 West Blvd shows strong rental promise with estimated monthly income ranging from $2,909 to $3,334. This range aligns well with local market trends, offering investors a solid yield of approximately 7.5% in the Berkley area. Given the projected annual appreciation of $10,546, this property represents a reliable income-producing asset. It is well-positioned within the market, balancing competitive rental returns with steady long-term growth potential for a savvy real estate portfolio.
More about this home
Neighborhood Assessment
Berkley's neighborhood around 1371 West Blvd shines with top schools—Rogers Elementary (8/10, 0.4 miles away), Berkley High (10/10, 0.5 miles). It's walkable, family-friendly, you know, close to Oakland County amenities. This 3-bed, 3-bath, 2K sqft colonial built in 2001 sits on a solid 4.3K sqft lot. Comps show steady demand: nearby homes zestimate $300K-$500K+. Low climate risks too—minimal flood/fire. Values climbing, taxes ~$8K/year. Homes here move well, like that 1381 West Blvd 4-bed sold recently for ~$356K despite smaller size. Investors love the stability; it's not flashy but reliable appreciation.
Market Activity
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Rental Income
$37K
Yield
7.5%
Appreciation
$11K
Year 1 Estimates
Fix-and-Flip
Adding a new deck is a fantastic way to elevate your living experience. While market data shows a price per square foot of $178 versus the neighborhood average of $222, this feature creates a highly desirable outdoor retreat. This upgrade unlocks wonderful possibilities for hosting guests or relaxing in your own backyard. It distinguishes your home by offering a premium lifestyle benefit, making it a compelling choice for those prioritizing comfort and enjoyment over immediate resale returns.
Comps
3
Buy-Rehab-Rent
This property shows strong potential with a post-renovation value estimated between $498,000 and $550,000. Targeted updates capitalize on a solid price-per-square-foot uplift, effectively moving the asset toward the top tier of local renovated market comps. Projected monthly rental income of $2,775 generates a 6.4% yield, offering reliable cash flow. Given the property’s size and suburban profile, this investment provides a stable, balanced opportunity for long-term wealth accumulation and consistent market performance.
Rental Income
$33K
Yield
6.4%
Appreciation
$11K
Year 1 Estimates, Post Typical Renovation
Estimated value
$497K
$73.9K over comp median
Comparative Market Analysis
$325K – $767K
~81 days to sell
Based on 8 comps
1371 West Blvd, Berkley Investment Report: Flip & Rental Analysis · Frontflip