Detroit Investment Analysis

Investment Property in Detroit, MI

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Detroit, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 99,000

Median

1,590

Avg/Sq.ft.
CASH ON CASH RETURN

11.00%

Traditional

2.00%

Airbnb
NUMBER OF PROPERTIES

4,097

Investment

11,436

Airbnb

804

Traditional

25%

Airbnb occupancy rate

Detroit, MI Properties Rental Prices

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Investment Properties for Sale in Detroit, MI

Investment Properties for Sale
$139,900
MLS 20251025604
Van Steuban
Single Family Residential
4 beds 2 baths 1,374 sq.ft.
CAP RATE Trad. 10.09% Airbnb 10.25%
Investment Properties for Sale
$279,000
MLS 20251033115
Hubbard-Richard
Single Family Residential
6 beds 2 baths 2,970 sq.ft.
CAP RATE Trad. 6.17% Airbnb 10.06%
Investment Properties for Sale
$140,000
MLS 25039205
Ravendale
Other
4 beds N/A baths N/A sq.ft.
CAP RATE Trad. 6.75% Airbnb 10.05%
Investment Properties for Sale
$169,900
MLS 20251027911
Barton-McFarland
Other
N/A beds 2 baths 2,050 sq.ft.
CAP RATE Trad. 11.49% Airbnb 9.95%
Investment Properties for Sale
$214,000
MLS 25051362
Bagley
Other
6 beds N/A baths N/A sq.ft.
CAP RATE Trad. 5.31% Airbnb 9.84%
Investment Properties for Sale
$65,000
MLS 20251043631
Warrendale
Single Family Residential
2 beds 1 baths 732 sq.ft.
CAP RATE Trad. 11.42% Airbnb 10.16%
Investment Properties for Sale
$149,999
MLS 20251017992
Pulaski
Single Family Residential
4 beds 1 baths 2,126 sq.ft.
CAP RATE Trad. 6.91% Airbnb 9.63%
Investment Properties for Sale
$48,263
MLS 20230052403
Briggs
Other
N/A beds N/A baths N/A sq.ft.
CAP RATE Trad. 9.99% Airbnb 10.10%

Single Family Houses for Sale in Detroit, MI

Investment Properties for Sale
$139,900
MLS 20251025604
Van Steuban
Single Family Residential
4 beds 2 baths 1,374 sq.ft.
CAP RATE Trad. 10.09% Airbnb 10.25%
Investment Properties for Sale
$279,000
MLS 20251033115
Hubbard-Richard
Single Family Residential
6 beds 2 baths 2,970 sq.ft.
CAP RATE Trad. 6.17% Airbnb 10.06%
Investment Properties for Sale
$65,000
MLS 20251043631
Warrendale
Single Family Residential
2 beds 1 baths 732 sq.ft.
CAP RATE Trad. 11.42% Airbnb 10.16%
Investment Properties for Sale
$149,999
MLS 20251017992
Pulaski
Single Family Residential
4 beds 1 baths 2,126 sq.ft.
CAP RATE Trad. 6.91% Airbnb 9.63%
Investment Properties for Sale
$54,900
MLS 20251026497
Chaldean Town
Single Family Residential
2 beds 1 baths 667 sq.ft.
CAP RATE Trad. 12.99% Airbnb 9.75%
Investment Properties for Sale
$70,000
MLS 20251023233
Warrendale
Single Family Residential
2 beds 1 baths 700 sq.ft.
CAP RATE Trad. 9.86% Airbnb 9.25%
Investment Properties for Sale
$70,000
MLS 20251024381
Warrendale
Single Family Residential
2 beds 1 baths 600 sq.ft.
CAP RATE Trad. 8.67% Airbnb 9.25%
Investment Properties for Sale
$74,900
MLS 20251013338
Warrendale
Single Family Residential
2 beds 1 baths 696 sq.ft.
CAP RATE Trad. 8.87% Airbnb 8.48%

Multi Family Houses for sale in Detroit, MI

Investment Properties for Sale
$95,000
MLS 20250005307
Martin Park
Multi Family
N/A beds 2 baths 1,728 sq.ft.
CAP RATE Trad. 12.20% Airbnb 7.61%
Investment Properties for Sale
$149,900
MLS 20251039918
Russell Woods
Multi Family
6 beds 2 baths 2,704 sq.ft.
CAP RATE Trad. 12.29% Airbnb 6.05%
Investment Properties for Sale
$125,000
MLS 20251008147
Bagley
Multi Family
N/A beds 2 baths 2,555 sq.ft.
CAP RATE Trad. 11.89% Airbnb 5.94%
Investment Properties for Sale
$130,000
MLS 20251025263
Petosky-Otsego
Multi Family
4 beds 2 baths 1,600 sq.ft.
CAP RATE Trad. 12.21% Airbnb 5.84%
Investment Properties for Sale
$154,000
MLS 25051359
Bagley
Multi Family
4 beds 2 baths 4,076 sq.ft.
CAP RATE Trad. 8.07% Airbnb 4.74%
Investment Properties for Sale
$229,900
MLS 20251025185
LaSalle Gardens
Multi Family
6 beds 2 baths 2,788 sq.ft.
CAP RATE Trad. 7.53% Airbnb 4.61%
Investment Properties for Sale
$89,000
MLS 20251039281
Fitzgerald
Multi Family
2 beds 1 baths 944 sq.ft.
CAP RATE Trad. 9.55% Airbnb 4.39%
Investment Properties for Sale
$112,900
MLS 20251002504
Blackstone Park
Multi Family
2 beds 2 baths 950 sq.ft.
CAP RATE Trad. 8.35% Airbnb 4.28%

Condos for Sale in Detroit, MI

Investment Properties for Sale
$274,900
MLS 20251017532
Elmwood Park
Condo/Coop
4 beds 3 baths 1,744 sq.ft.
CAP RATE Trad. 4.62% Airbnb 4.93%
Investment Properties for Sale
$179,000
MLS 20251037985
Lafayette Park
Condo/Coop
4 beds 2 baths 1,617 sq.ft.
CAP RATE Trad. 1.39% Airbnb 4.13%
Investment Properties for Sale
$59,900
MLS 20251021581
East English Village
Condo/Coop
1 beds 1 baths 642 sq.ft.
CAP RATE Trad. 10.46% Airbnb 4.35%
Investment Properties for Sale
$89,000
MLS 20251033156
Rivertown
Condo/Coop
1 beds 1 baths 700 sq.ft.
CAP RATE Trad. 3.42% Airbnb 4.13%
Investment Properties for Sale
$185,000
MLS 25015131
Lafayette Park
Condo/Coop
2 beds 1 baths 1,250 sq.ft.
CAP RATE Trad. 3.70% Airbnb 1.87%
Investment Properties for Sale
$65,000
MLS 20251002014
Lafayette Park
Condo/Coop
1 beds 1 baths 810 sq.ft.
CAP RATE Trad. 3.74% Airbnb 1.64%
Investment Properties for Sale
$145,000
MLS 20250015074
West Side Industrial
Condo/Coop
1 beds 1 baths 690 sq.ft.
CAP RATE Trad. 4.59% Airbnb 0.72%
Investment Properties for Sale
$300,000
MLS 60923171
Corktown
Condo/Coop
3 beds 1 baths 1,200 sq.ft.
CAP RATE Trad. 1.85% Airbnb 0.67%

Townhouses for Sale in Detroit, MI

Investment Properties for Sale
$379,970
MLS 719BBFA48EAB
Jefferies
Townhouse
2 beds 2 baths 1,331 sq.ft.
CAP RATE Trad. 1.58% Airbnb -0.14
Investment Properties for Sale
$417,450
MLS 4F9F711A93A3
Jefferies
Townhouse
2 beds 2 baths 1,612 sq.ft.
CAP RATE Trad. 1.76% Airbnb -0.35
Investment Properties for Sale
$424,900
MLS 20240072968
Milwaukee Junction
Townhouse
N/A beds 2 baths 2,146 sq.ft.
CAP RATE Trad. 3.86% Airbnb -0.54
Investment Properties for Sale
$464,315
MLS 5F4010B774F1
Lafayette Park
Townhouse
2 beds 2 baths 1,618 sq.ft.
CAP RATE Trad. 1.33% Airbnb -0.78
Investment Properties for Sale
$267,400
MLS 50188018
Woodbridge
Townhouse
2 beds 2 baths 1,450 sq.ft.
CAP RATE Trad. 1.92% Airbnb -1.25
Investment Properties for Sale
$399,000
MLS 20251018485
Russell Woods
Townhouse
N/A beds 6 baths 6,473 sq.ft.
CAP RATE Trad. 9.18% Airbnb -1.66
Investment Properties for Sale
$389,900
MLS 50189758
New Center
Townhouse
3 beds 3 baths 1,520 sq.ft.
CAP RATE Trad. 1.19% Airbnb -2.23
Investment Properties for Sale
$250,000
MLS 20251030086
West Village
Townhouse
5 beds 2 baths 2,286 sq.ft.
CAP RATE Trad. 4.37% Airbnb N/A

Top Detroit, MI Neighborhoods - Real Estate Market Analysis

Indian Village
PROPERTY PRICE

$102,000

Median for city
CAP RATE

8.53%

Traditional

8.26%

Airbnb
RENTAL INCOME

$ 1,088

Traditional

$ 1,949

Airbnb

39%

Airbnb occupancy rate
Conner Creek Ind
PROPERTY PRICE

$102,000

Median for city
CAP RATE

17.90%

Traditional

N/A

Airbnb
RENTAL INCOME

$ 1,073

Traditional

$ 1,882

Airbnb

41%

Airbnb occupancy rate
Core City
PROPERTY PRICE

$102,000

Median for city
CAP RATE

8.71%

Traditional

N/A

Airbnb
RENTAL INCOME

$ 1,038

Traditional

$ 2,132

Airbnb

43%

Airbnb occupancy rate
Poletown East
PROPERTY PRICE

$102,000

Median for city
CAP RATE

19.71%

Traditional

N/A

Airbnb
RENTAL INCOME

$ 1,042

Traditional

$ 1,626

Airbnb

39%

Airbnb occupancy rate
English Village
PROPERTY PRICE

$102,000

Median for city
CAP RATE

10.66%

Traditional

18.29%

Airbnb
RENTAL INCOME

$ 1,212

Traditional

$ 2,056

Airbnb

36%

Airbnb occupancy rate
East English Village
PROPERTY PRICE

$102,000

Median for city
CAP RATE

9.65%

Traditional

11.41%

Airbnb
RENTAL INCOME

$ 1,315

Traditional

$ 1,780

Airbnb

46%

Airbnb occupancy rate
NW Goldberg
PROPERTY PRICE

$102,000

Median for city
CAP RATE

11.18%

Traditional

13.39%

Airbnb
RENTAL INCOME

$ 1,038

Traditional

$ 1,614

Airbnb

39%

Airbnb occupancy rate
Southwest Detroit
PROPERTY PRICE

$102,000

Median for city
CAP RATE

9.21%

Traditional

11.35%

Airbnb
RENTAL INCOME

$ 1,021

Traditional

$ 1,838

Airbnb

49%

Airbnb occupancy rate
Grixdale
PROPERTY PRICE

$102,000

Median for city
CAP RATE

12.76%

Traditional

12.10%

Airbnb
RENTAL INCOME

$ 948

Traditional

$ 1,229

Airbnb

39%

Airbnb occupancy rate
Russell Woods
PROPERTY PRICE

$102,000

Median for city
CAP RATE

10.04%

Traditional

11.25%

Airbnb
RENTAL INCOME

$ 1,002

Traditional

$ 1,415

Airbnb

34%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Detroit, MI

Eclectic industrial loft 5 Min to downtown
$106 per night Airbnb occupancy rate 50%
Loft 2 · 1 · 4
Rental Income: $1,617 per month
4.82
1198
1890's Stone and Brick Garden Loft
$111 per night Airbnb occupancy rate 40%
Apartment 1 · 1 · 3
Rental Income: $1,351 per month
4.88
1008
Historic Little Paris: Walk to LCA, Ford, Comerica
$179 per night Airbnb occupancy rate 52%
Loft null · 1 · 4
Rental Income: $2,804 per month
4.92
1001
Vibrant Industrial Loft *King bed* Private entry
$103 per night Airbnb occupancy rate 38%
Loft 2 · 1 · 4
Rental Income: $1,202 per month
4.83
998
Huge 4BD Historic Detroit Home
$131 per night Airbnb occupancy rate 71%
House 4 · 3.5 · 8
Rental Income: $2,817 per month
4.87
927
Cozy & Charming Apartment in West Village
N/A Airbnb occupancy rate 23%
Apartment 1 · 1 · 4
Rental Income: N/A per month
4.78
863
Bright Midtown Apartment with Parking
$137 per night Airbnb occupancy rate 32%
Apartment 1 · 1 · 2
Rental Income: $1,336 per month
4.82
858
Sunny Apt Close to Downtown
$115 per night Airbnb occupancy rate 52%
Apartment 1 · 1 · 2
Rental Income: $1,830 per month
4.8
815

Real Estate Investment Analysis - Other Cities in michigan

City Name Property price Cash on cash return Rental Income No. of Properties Airbnb Occupancy Rate
Median traditional Airbnb traditional Airbnb
Traverse City $549,900 3% 1% $2,399 $1,809 435 24%
Redford $189,900 6% 1% $1,674 $1,245 237 27%
Lincoln Park $169,000 7% 1% $1,570 $1,036 107 22%
View all michigan cities

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