Detroit Investment Analysis

Investment Property in Detroit, MI

Detroit Investment Performance

PROPERTY SALE PRICE

$ 153,172

Median

1,488

Avg/Sq.ft.
CASH ON CASH RETURN

1.69%

Traditional

3.24%

Airbnb
NUMBER OF PROPERTIES

409

Investment

353

Airbnb

2,921

Traditional

58%

Airbnb occ. rate

Detroit Rent Prices

Top Detroit Active Investment Properties

$315,000

932 Lincoln

East English Village

4 beds
2 baths
1,963 sq.ft.

CASH ON CASH

Trad. -1.50%

Airbnb 14.75%

CAP RATE

Trad. -1.50%

Airbnb 14.75%

$85,000

17376 GREENLAWN Street

Bagley

3 beds
1 baths
2,000 sq.ft.

CASH ON CASH

Trad. 2.62%

Airbnb 14.36%

CAP RATE

Trad. 2.62%

Airbnb 14.36%

$324,900

459 McKinley

East English Village

4 beds
4 baths
2,100 sq.ft.

CASH ON CASH

Trad. -1.57%

Airbnb 14.22%

CAP RATE

Trad. -1.57%

Airbnb 14.22%

$89,900

17172 PINEHURST Street

Bagley

3 beds
2 baths
1,400 sq.ft.

CASH ON CASH

Trad. 2.61%

Airbnb 13.92%

CAP RATE

Trad. 2.61%

Airbnb 13.92%

Top Detroit Neighborhoods

Forest Park
PROPERTY PRICE

$21,000

Median
CASH ON CASH RETURN

39.64%

Traditional

134.25%

Airbnb
RENTAL INCOME

$ 937

Traditional

$ 2,776

Airbnb

71%

Airbnb occ. rate
Medical Center
PROPERTY PRICE

$1,800

Median
CASH ON CASH RETURN

589.60%

Traditional

1576.98%

Airbnb
RENTAL INCOME

$ 1,082

Traditional

$ 2,727

Airbnb

71%

Airbnb occ. rate
Woodbridge
PROPERTY PRICE

$264,900

Median
CASH ON CASH RETURN

-0.23%

Traditional

6.76%

Airbnb
RENTAL INCOME

$ 959

Traditional

$ 2,673

Airbnb

69%

Airbnb occ. rate
Downtown
PROPERTY PRICE

$514,948

Median
CASH ON CASH RETURN

0.90%

Traditional

1.38%

Airbnb
RENTAL INCOME

$ 2,098

Traditional

$ 2,784

Airbnb

69%

Airbnb occ. rate
Briggs
PROPERTY PRICE

$399,990

Median
CASH ON CASH RETURN

2.05%

Traditional

0.36%

Airbnb
RENTAL INCOME

$ 1,614

Traditional

$ 2,881

Airbnb

68%

Airbnb occ. rate

Detroit Insights

Blogs

Guides and Tips

Similar Cities

Royal Oak, MI

PROPERTY PRICE

$356,473

Median
CASH ON CASH RETURN

1.80%

Traditional

3.12%

Airbnb

Troy, MI

PROPERTY PRICE

$366,521

Median
CASH ON CASH RETURN

2.41%

Traditional

N/A

Airbnb

Ann Arbor, MI

PROPERTY PRICE

$534,410

Median
CASH ON CASH RETURN

0.69%

Traditional

3.34%

Airbnb

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