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14210 Camelot Dr
C Composite 58.24
Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +15.5/30.0
  • ARV discount +11.5/15.0
  • 1% rule +7.8/10.0
  • Schools +5.2/10.0
  • Appreciation +5.0/10.0
  • DSCR +4.8/10.0
  • Livability +3.7/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.2/5.0

$124,999

14210 Camelot Dr · Sterling Heights, MI 48312 2448
2 bd · 2.0 ba · 1,012 sqft · Townhouse · 85 Days on market
Built 1972 Fair condition $124/sqft · 9% below area Est $137k · 9% under $354/mo HOA · 22% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Upper-level condo with 2 bedrooms & 2 full baths, move-in ready. Spacious great room and dining area. Basement offers laundry & ample storage, washer and dryer included. Association fee includes: water, gas/heat, clubhouse, pool, snow removal, and grounds maintenance. 2 assigned parking spaces. Priced to sell! Pet-friendly community. Ideal for owner-occupants or investors. Limited inventory! Selling fast!

Key facts

  • $354 HOA
  • Parking
  • Built 1972

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath townhouse listed at $125k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $50 ($594/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $125k).
  • Recommended offer: $117k (6.0% below list) — sets the bar for market timing.
  • Cap rate 6.8% vs local median 3.9% in Sterling Heights — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 74/100 on livability (#173 in MI, #4,545 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D+, amenities F.
  • Utica Community Schools (suburban): math 38% / reading 53% proficiency, ranked #126 of 540 in MI (top 23%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Oakbrook Elementary School (math 37% / reading 49%, grade F, #540 of 1,397 statewide, top 39%, 535 students, 60% FRL); Heritage Junior High School (math 39% / reading 49%, grade D, #173 of 493 statewide, top 36%, 448 students, 51% FRL); Adlai Stevenson High School (math 32% / reading 54%, grade F, #260 of 713 statewide, top 37%, 1,977 students, 55% FRL) — zoned schools average 55% FRL vs 26% district-wide (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 1 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,321 units permitted in Macomb County in 2024 (86 in 5+ unit buildings).

Forward outlook

  • In year one you build about $5k of equity ($864 loan paydown + $4k appreciation (3.0% local appreciation)).
  • Macomb County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (3.0% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~6 years — after that, you're playing with house money.
  • By year 8, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 85 days — a 6% lower offer ($117k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: HOA is 22% of rent.
Recommended offer $117,499 (6.0% below list)

Questions for the listing agent

  1. It's been on market 85 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  3. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.28%
Cap rate
6.77%
Cash-on-cash
1.70%
DSCR
1.08
GRM
6.5

CMA / ARV

ARV (median comp)
$137,243
List price
$124,999
Delta
-8.92%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
37102 Aberdeen Dr #10 0.13mi 2/2.0 984 (-3%) 0mo $122,500 $124 89
14191 Ivanhoe Dr #2 0.08mi 2/2.0 984 (-3%) 9mo $133,000 $135 84
13940 Camelot Dr 0.12mi 2/2.0 984 (-3%) 8mo $133,000 $135 84
37886 Erna Dr 0.32mi 2/1.5 1,040 (+3%) 3mo $220,000 $212 76
14140 Merriweather St 0.06mi 2/2.0 884 (-13%) 1mo $118,000 $133 75
13900 Camelot Dr #84 0.16mi 2/1.5 884 (-13%) 1mo $120,000 $136 69
13900 Camelot Dr #84 0.16mi 2/1.5 884 (-13%) 1mo $120,000 $136 69
37970 Dor Sal Dr 0.36mi 2/1.5 1,040 (+3%) 12mo $185,000 $178 67
37936 Watkins Dr #32 0.34mi 2/1.5 1,040 (+3%) 13mo $206,000 $198 67
14140 Merriweather St #204 0.07mi 2/2.0 884 (-13%) 12mo $135,000 $153 66
13817 Bonington Dr 0.17mi 2/1.5 1,152 (+14%) 18mo $158,000 $137 52
13817 Bonington Dr #39 0.18mi 2/1.5 1,152 (+14%) 18mo $158,000 $137 51

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
9.2%
Equity multiple
1.53×
Total profit
$18,454
Equity at exit
$56,205
10-year hold
IRR
11.7%
Equity multiple
2.76×
Total profit
$61,625
Equity at exit
$86,619

Cash invested: $35,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
62 Landlord-Friendly
State Michigan
62 Landlord-Friendly · EVEN
County
— inherits STATE
City
— inherits STATE
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.
Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
4 active · 7 under contract
Months of supply
3.0 mo (33%/mo absorbed)
Median asking
$199,850 ($177/sqft)
Median days on market
37 d
This list price
lowest-priced of the active set
ARV vs active asking
-23.5% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 48312 2448

Active inventory
1
Price-to-rent
6.5×

Monthly cashflow live

Estimated rent
$1,604 high interval (Pro) →
Mortgage (P&I)
$656
Tax est. 1.5%
$156 /mo · $1,875/yr
Insurance
$52
HOA
$354
Vacancy / Maint / Mgmt
$337
Net cashflow
$50

Break-even live

Break-even rent $1,542
Max offer price $124,999
Occupancy floor 92%

Sensitivity live

Price -10% $136 -5% $93 +0% $50 +5% $6 +10% $-37
Rent -10% $-77 -5% $-14 +0% $50 +5% $113 +10% $176
Rate -1.0pp $112 -0.5pp $81 base $50 +0.5pp $17 +1.0pp $-16

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$31,250
Closing costs
$3,750
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
14273 Shadywood Dr Sterling Heights, MI 2.0 2.0 1373 $2,100 $1.53 93d 1 0.11mi
14357 Shadywood Dr Sterling Heights, MI 2.0 2.0 1500 $2,100 $1.40 7d 1 0.16mi
37118 Camelot Dr Sterling Heights, MI 1.0–2.0 1.0–1.5 795 $1,330 $1.67 7d 9 0.18mi
13429 Denver Cir S Sterling Heights, MI 3.0 1.5 1216 $2,100 $1.73 93d 1 0.55mi
38227 Schoenherr Rd Sterling Heights, MI 2.0 1.5 1250 $1,830 $1.46 7d 1 0.56mi
38177 Jamestown Dr Sterling Heights, MI 3.0 2.0 1300 $1,850 $1.42 39d 1 0.59mi
37373 Clubhouse Dr Sterling Heights, MI 2.0 1.5 1330 $1,750 $1.32 38d 1 0.78mi
38010 Saint Tropez Dr Unit 692 Clinton Township, MI 3.0 2.0 1216 $1,249 $1.03 13d 1 0.95mi
38051 Saint Tropez Dr Unit 990 Clinton Township, MI 3.0 2.0 1120 $1,549 $1.38 52d 1 0.95mi
15368 Dominique Dr Unit 868 Clinton Township, MI 3.0 2.0 1056 $1,549 $1.47 93d 1 0.96mi
15353 Dominique Dr Unit 834 Clinton Township, MI 3.0 2.0 1056 $1,549 $1.47 73d 1 0.96mi
15329 Danseur Dr Unit 795 Clinton Twp, MI 3.0 2.0 1056 $1,399 $1.32 26d 1 0.96mi
38033 Ducharme Dr Unit 604 Clinton Twp, MI 2.0 2.0 960 $1,499 $1.56 93d 1 0.97mi
15377 Dominique Dr Unit 828 Clinton Township, MI 3.0 2.0 1056 $1,399 $1.32 26d 1 0.99mi
15386 Danseur Dr Unit 822 Clinton Township, MI 2.0 2.0 960 $1,399 $1.46 93d 1 1.02mi
38044 Johannes Dr Unit 521 Clinton Township, MI 2.0 2.0 960 $1,229 $1.28 26d 1 1.02mi
14378 Moravian Manor Cir Sterling Heights, MI 2.0 2.0 1303 $1,800 $1.38 73d 1 1.02mi
15835 Marentette Dr Unit 512 Clinton Township, MI 2.0 2.0 960 $1,399 $1.46 93d 1 1.02mi
38056 Johannes Dr Unit 524 Clinton Township, MI 3.0 2.0 1056 $1,399 $1.32 26d 1 1.03mi
38089 Marlene Dr Unit 581 Clinton Township, MI 3.0 2.0 1152 $1,429 $1.24 13d 1 1.04mi
38100 Ducharme Dr Unit 476 Clinton Township, MI 3.0 2.0 1056 $1,399 $1.32 26d 1 1.06mi
15856 Marentette Dr Unit 336 Clinton Township, MI 2.0 2.0 960 $1,229 $1.28 26d 1 1.06mi
15836 Croatia Dr Unit 544 Clinton Township, MI 2.0 1.0 840 $1,349 $1.61 93d 1 1.07mi
15962 Villaire Ave Unit 448 Clinton Township, MI 2.0 2.0 960 $1,229 $1.28 13d 1 1.08mi
15868 Marentette Dr Unit 339 Clinton Township, MI 2.0 2.0 960 $1,229 $1.28 26d 1 1.08mi
38019 Leverette Ave Unit 500 Clinton Township, MI 2.0 2.0 960 $1,229 $1.28 26d 1 1.09mi
15974 Villaire Ave Unit 445 Clinton Township, MI 2.0 1.0 768 $1,199 $1.56 26d 1 1.09mi
15881 Villaire Ave Unit 658 Clinton Township, MI 2.0 2.0 960 $1,229 $1.28 26d 1 1.10mi
15929 Villaire Ave Unit 668 Clinton Twp, MI 3.0 2.0 1056 $1,399 $1.32 21d 1 1.11mi
38055 Leverette Ave Unit 491 Clinton Township, MI 2.0 2.0 960 $1,229 $1.28 26d 1 1.11mi
15811 Villaire Ave Unit 643 Clinton Township, MI 2.0 2.0 960 $1,399 $1.46 93d 1 1.12mi
0 Woodland MDWS Update, MI 1.0–2.0 1.0–2.0 964 $1,990 $2.06 7d 14 1.13mi
38060 Leverette Ave Unit 435 Clinton Township, MI 3.0 2.0 1056 $1,399 $1.32 13d 1 1.13mi
16016 Villaire Ave Unit 402 Clinton Township, MI 2.0 2.0 960 $1,249 $1.30 41d 1 1.17mi
16011 Villaire Ave Unit 682 Clinton Township, MI 2.0 2.0 960 $1,229 $1.28 26d 1 1.17mi
38003 Chilver Ave Unit 383 Clinton Township, MI 3.0 2.0 1152 $1,249 $1.08 7d 1 1.17mi
38013 Chilver Ave Unit 381 Clinton Township, MI 2.0 2.0 960 $1,399 $1.46 93d 1 1.17mi
16035 Villaire Ave Unit 688 Clinton Township, MI 2.0 2.0 960 $1,399 $1.46 93d 1 1.21mi
39483 Marne Ave Sterling Heights, MI 3.0 1.0 960 $2,000 $2.08 7d 1 1.24mi
38053 Orleans St Unit 124 Clinton Township, MI 2.0 2.0 960 $1,249 $1.30 41d 1 1.29mi

Property features AI

Finance

Other
Subdivision: PLUM CREEK
HOA & community
Homeowners association with monthly fee of $354HOA covers gas, water, grounds maintenance, and snow removal

Exterior

Parking
No garage; assigned parking
Utilities
Public waterPublic sewer
Home design
Residential condominiumOne level
Construction
Brick constructionBrick/mortar foundationEntry located on upper level with stepsBuilt area above grade: 1,012 (square feet)
Exterior features
Paved road accessPets allowed

Interior

Bedrooms
Total of 5 rooms (includes bedrooms and living spaces)
Bathrooms
2 full bathrooms
Heating & cooling
Forced air heating (natural gas)No central cooling
Interior features
Partially finished basementUpper-level entry with steps

HOA detail $354/mo · $4,248/yr

Likely covers
watergaslandscapingsnow removalpoolparking

Listing history 50 events

  1. 2026-08-08
    days on market $124,999 Active 85 DOM
  2. 2026-08-06
    days on market $124,999 Active 83 DOM
  3. 2026-08-05
    days on market $124,999 Active 82 DOM
  4. 2026-08-04
    days on market $124,999 Active 81 DOM
  5. 2026-08-03
    pricedays on market $124,999 Active 80 DOM
  6. 2026-07-31
    days on market $129,999 Active 77 DOM
  7. 2026-07-30
    days on market $129,999 Active 75 DOM
  8. 2026-07-28
    days on market $129,999 Active 74 DOM
  9. 2026-07-26
    days on market $129,999 Active 72 DOM
  10. 2026-07-24
    days on market $129,999 Active 70 DOM
  11. 2026-07-23
    listing id $129,999 Active 69 DOM
  12. 2026-07-23
    days on market $129,999 Active 69 DOM
  13. 2026-07-22
    days on market $129,999 Active 68 DOM
  14. 2026-07-21
    days on market $129,999 Active 67 DOM
  15. 2026-07-20
    days on market $129,999 Active 66 DOM
  16. 2026-07-18
    days on market $129,999 Active 64 DOM
  17. 2026-07-18
    days on market $129,999 Active 63 DOM
  18. 2026-07-16
    days on market $129,999 Active 62 DOM
  19. 2026-07-15
    days on market $129,999 Active 61 DOM
  20. 2026-07-14
    days on market $129,999 Active 60 DOM
  21. 2026-07-13
    days on market $129,999 Active 59 DOM
  22. 2026-07-13
    days on market $129,999 Active 58 DOM
  23. 2026-07-11
    days on market $129,999 Active 57 DOM
  24. 2026-07-10
    days on market $129,999 Active 56 DOM
  25. 2026-07-09
    days on market $129,999 Active 55 DOM
  26. 2026-07-07
    days on market $129,999 Active 53 DOM
  27. 2026-07-06
    days on market $129,999 Active 52 DOM
  28. 2026-07-06
    days on market $129,999 Active 51 DOM
  29. 2026-07-05
    days on market $129,999 Active 50 DOM
  30. 2026-07-03
    days on market $129,999 Active 49 DOM
  31. 2026-07-02
    days on market $129,999 Active 48 DOM
  32. 2026-07-01
    days on market $129,999 Active 47 DOM
  33. 2026-06-30
    days on market $129,999 Active 46 DOM
  34. 2026-06-29
    days on market $129,999 Active 45 DOM
  35. 2026-06-28
    days on market $129,999 Active 44 DOM
  36. 2026-06-27
    days on market $129,999 Active 43 DOM
  37. 2026-06-26
    days on market $129,999 Active 42 DOM
  38. 2026-06-24
    days on market $129,999 Active 40 DOM
  39. 2026-06-22
    days on market $129,999 Active 38 DOM
  40. 2026-06-21
    days on market $129,999 Active 37 DOM
  41. 2026-06-18
    days on market $129,999 Active 34 DOM
  42. 2026-06-17
    days on market $129,999 Active 33 DOM
  43. 2026-06-16
    days on market $129,999 Active 32 DOM
  44. 2026-06-15
    days on market $129,999 Active 31 DOM
  45. 2026-06-13
    days on market $129,999 Active 29 DOM
  46. 2026-06-13
    days on market $129,999 Active 28 DOM
  47. 2026-06-09
    days on market $129,999 Active 25 DOM
  48. 2026-06-08
    days on market $129,999 Active 24 DOM
  49. 2026-06-07
    days on market $129,999 Active 23 DOM
  50. 2026-06-04
    days on market $129,999 Active 20 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 3/10 Moderate 7 d/yr ≥96°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$19,251
− Mortgage interest
−$7,002
− Property taxes
−$1,875
− Insurance
−$625
− Repairs & maintenance
−$1,540
− Management
−$1,540
− HOA
−$4,248
− Depreciation
−$3,636
Taxable loss
−$1,215
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$292
After-tax cash flow
$886/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Fair 45/100 Cosmetic rehab Est. rehab $5,060–$15,180 screening

This upper-level condo is move-in ready with average condition, requiring cosmetic repairs and updates to enhance its resale and rental value.

Repairs flagged

  • Major exterior siding — Weathered and in need of repainting
  • Minor interior paint — Slightly faded and could be refreshed

Value-add opportunities

  • Resale Paint exterior siding — Fresh paint enhances curb appeal
  • Resale Paint interior walls — Fresh paint improves interior appearance
  • Resale Replace dated kitchen cabinets — Modern cabinets increase appeal
  • Resale Replace dated bathroom fixtures — Modern fixtures improve functionality and appeal

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 52/100

Zoned Schools

Elementary Messmore Elementary School A- MI #74/1,397 Nat'l #3,487/41,679 Middle Heritage Junior High School D MI #173/493 Nat'l #4,963/14,009 High Adlai Stevenson High School F MI #260/713 Nat'l #7,439/17,239

Schools (NCES district)

District
Utica Community Schools
NCES district ID
2634470
Math proficiency
38% ▼ -13.00%
Reading proficiency
53% ▼ -7.00%
Median HH income
$65,953
Composite
40.52/100
National rank
#3709
State rank
#126 of 540 in MI
B Composite livability gradescore 74/100

Livability — Sterling Heights

Score
74/100
State rank
#173
US rank
#4545

Category grades

Amenities F Commute A+ Cost of living A+ Crime B+ Employment B Housing A+ Health & safety D+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Sterling Heights, MI

Population outlook (Macomb County) Hauer SSP2

Today (2025)
925,296 people
By 2030
948,226 · +2.5%
By 2040
983,961 · +6.3%
By 2050
1,010,200 · +9.2%
By 2075
1,076,222 · +16.3%
By 2100
1,077,065 · +16.4%

Not yet ingested

Political lean
Race & ethnicity
Common origin
Civics

Price history

+4.0% since first listed
8 events — show timeline
  • 2026-05-16 Listed $129,999 MiRealSource-MiMLS
  • 2026-05-16 Listed $129,999 REALCOMP
  • 2026-05-14 Coming Soon $129,999 MiRealSource-MiMLS
  • 2023-01-03 Sold (MLS) $122,000 MiRealSource-MiMLS
  • 2023-01-03 Sold (MLS) $122,000 REALCOMP
  • 2022-11-12 Pending MiRealSource-MiMLS
  • 2022-11-11 Listed $125,000 MiRealSource-MiMLS
  • 2022-11-11 Listed $125,000 REALCOMP

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…