Detroit Investment Analysis

Investment Property in Detroit, MI

Detroit Investment Performance

PROPERTY SALE PRICE

$ 240,623

Median

1,600

Avg/Sq.ft.
CASH ON CASH RETURN

-5.79%

Traditional

-6.31%

Airbnb
NUMBER OF PROPERTIES

83

Investment

200

Airbnb

1,593

Traditional

44%

Airbnb occ. rate

Detroit Rent Prices

Top Detroit Active Investment Properties

$130,000

4352 AUDUBON Road

Morningside

3 beds
1 baths
1,254 sq.ft.

CASH ON CASH

Trad. 2.14%

Airbnb 6.38%

CAP RATE

Trad. 6.99%

Airbnb 11.51%

$325,000

460 W CANFIELD Street #208

Midtown

1 beds
1 baths
786 sq.ft.

CASH ON CASH

Trad. 2.45%

Airbnb 6.43%

CAP RATE

Trad. 4.60%

Airbnb 8.83%

$333,000

444 W WILLIS Street #304

Midtown

1 beds
1 baths
1,100 sq.ft.

CASH ON CASH

Trad. 2.09%

Airbnb 5.97%

CAP RATE

Trad. 4.49%

Airbnb 8.62%

$190,000

3320 SPINNAKER Lane #10E

Rivertown

1 beds
1 baths
740 sq.ft.

CASH ON CASH

Trad. 4.03%

Airbnb 4.61%

CAP RATE

Trad. 8.97%

Airbnb 9.59%

Top Detroit Neighborhoods

Midtown
CASH ON CASH RETURN

0.99%

Traditional

4.92%

Airbnb
PROPERTY PRICE

$329,000

Median
RENTAL INCOME

$ 1,376

Traditional

$ 2,331

Airbnb

63%

Airbnb occ. rate
English Village
CASH ON CASH RETURN

13.19%

Traditional

21.88%

Airbnb
PROPERTY PRICE

$60,950

Median
RENTAL INCOME

$ 1,005

Traditional

$ 1,474

Airbnb

60%

Airbnb occ. rate
West Village
CASH ON CASH RETURN

-0.34%

Traditional

3.34%

Airbnb
PROPERTY PRICE

$264,995

Median
RENTAL INCOME

$ 892

Traditional

$ 1,756

Airbnb

52%

Airbnb occ. rate
Downtown
CASH ON CASH RETURN

-2.77%

Traditional

-2.28%

Airbnb
PROPERTY PRICE

$1,750,000

Median
RENTAL INCOME

$ 1,985

Traditional

$ 2,379

Airbnb

51%

Airbnb occ. rate
Corktown
CASH ON CASH RETURN

-0.66%

Traditional

1.34%

Airbnb
PROPERTY PRICE

$429,000

Median
RENTAL INCOME

$ 1,267

Traditional

$ 2,027

Airbnb

50%

Airbnb occ. rate

Detroit Insights

News

Blogs

Guides and Tips

Similar Cities

Royal Oak, MI

PROPERTY PRICE

$280,773

Median
CASH ON CASH RETURN

3.26%

Traditional

4.07%

Airbnb

Troy, MI

PROPERTY PRICE

$382,599

Median
CASH ON CASH RETURN

1.82%

Traditional

3.44%

Airbnb

Ann Arbor, MI

PROPERTY PRICE

$425,735

Median
CASH ON CASH RETURN

2.00%

Traditional

5.64%

Airbnb

Your search for rental property begins and end here

Use analytics to find lucrative traditional or Airbnb properties in a matter of minutes.

No more spreadsheets, no more searching.