Detroit Investment Analysis

Investment Property in Detroit, MI

Detroit Investment Performance

PROPERTY SALE PRICE

$ 156,535

Median

1,506

Avg/Sq.ft.
CASH ON CASH RETURN

1.68%

Traditional

6.19%

Airbnb
NUMBER OF PROPERTIES

304

Investment

438

Airbnb

7,280

Traditional

51%

Airbnb occ. rate

Detroit Rent Prices

Top Detroit Active Investment Properties

$90,000

East English Village

4 beds
1 baths
1,508 sq.ft.

CASH ON CASH

Trad. 3.58%

Airbnb 54.24%

CAP RATE

Trad. 3.58%

Airbnb 54.24%

$70,000

Lafayette Park

3 beds
2 baths
1,200 sq.ft.

CASH ON CASH

Trad. 9.98%

Airbnb 36.65%

CAP RATE

Trad. 9.98%

Airbnb 36.65%

$129,900

East English Village

4 beds
2 baths
1,300 sq.ft.

CASH ON CASH

Trad. 1.87%

Airbnb 36.50%

CAP RATE

Trad. 1.87%

Airbnb 36.50%

$55,000

Fitzgerald

3 beds
1 baths
1,548 sq.ft.

CASH ON CASH

Trad. 6.32%

Airbnb 32.44%

CAP RATE

Trad. 6.32%

Airbnb 32.44%

Top Detroit Neighborhoods

State Fair Grounds
32%
PROPERTY PRICE

$200,450

Median
CASH ON CASH RETURN

0.52%

Traditional

3.50%

Airbnb
RENTAL INCOME

$ 944

Traditional

$ 1,661

Airbnb

62%

Airbnb occ. rate
Sherwood Forest
27%
PROPERTY PRICE

$299,900

Median
CASH ON CASH RETURN

-0.40%

Traditional

0.94%

Airbnb
RENTAL INCOME

$ 960

Traditional

$ 1,658

Airbnb

61%

Airbnb occ. rate
Green Acres
48%
PROPERTY PRICE

$194,900

Median
CASH ON CASH RETURN

0.16%

Traditional

2.80%

Airbnb
RENTAL INCOME

$ 824

Traditional

$ 1,566

Airbnb

61%

Airbnb occ. rate
Eight Mile Wyoming
57%
PROPERTY PRICE

$78,900

Median
CASH ON CASH RETURN

2.17%

Traditional

25.05%

Airbnb
RENTAL INCOME

$ 876

Traditional

$ 1,779

Airbnb

59%

Airbnb occ. rate
Palmer Woods
27%
PROPERTY PRICE

$449,900

Median
CASH ON CASH RETURN

-1.68%

Traditional

-0.08%

Airbnb
RENTAL INCOME

$ 960

Traditional

$ 1,627

Airbnb

58%

Airbnb occ. rate

Detroit Insights

Blogs

Guides and Tips

Similar Cities

Royal Oak, MI
PROPERTY PRICE

$332,765

Median
CASH ON CASH RETURN

1.25%

Traditional

1.77%

Airbnb
Troy, MI
PROPERTY PRICE

$360,281

Median
CASH ON CASH RETURN

2.10%

Traditional

N/A

Airbnb
Ann Arbor, MI
PROPERTY PRICE

$473,921

Median
CASH ON CASH RETURN

1.51%

Traditional

4.68%

Airbnb
Your search for investment property begins and ends here

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

No more spreadsheets, no more searching.