Detroit: Among the Highest Investment Yields in the U.S.
The Detroit real estate investment marketplace presents a unique opportunity, as a result of its superior rent return per Dollar invested.
Menu
The Detroit real estate investment marketplace presents a unique opportunity, as a result of its superior rent return per Dollar invested.
People will always need a place to live in (it is an intrinsic need). Yet for the average American household, in the last decades it has become harder affording to save enough to buy a home as well as obtaining a mortgage loan.
This generates a steady high rental demand, primarily the affordable housing segment. On one side, workers from the multiple multinationals that now operate in Metro Detroit need a place to live with their families, while the Millenial population has reached an age at which to move into their own household.
The main source of an immediate and sustained high cashflow level, as rent prices have increased steadily over the last decades.
Estimated annual growth rate of 2% to 3%.
5% annual average increase, in strategic zones with the highest appreciation potential.
Detroit is experiencing a remarkable comeback as a result of multi-billion dollar investments, which are reviving the city’s splendor, infrastructure and human capital. The Detroit Metro area has a total population of 4.5 million, the second-largest in the Midwest after Chicago.
This generates a steady high rental demand, primarily the affordable housing segment. On one side, workers from the multiple multinationals that now operate in Metro Detroit need a place to live with their families, while the Millenial population has reached an age at which to move into their own household.
The recent economic growth has attracted multiple industries, resulting in a well-diversified economy: finance, healthcare, education, manufacture, services and commerce. Multiple tech giants are also developing deep roots across the city: Google, Amazon, Microsoft, Linkedin, Twitter and Pinterest, among others.
Michigan´s growing political importance, having been key in the last 4 elections, results in both parties´ constantly attempting to incentivize its economic development. The state is also well-known for its superior healthcare system and an efficient public administration.
Detroit also offers its fair share of beautiful architecture from its surviving late 19th and early 20th century buildings. Downtown Detroit is constantly adding new trendy hotels, restaurants and hot spots, attracting tourists and locals alike. In addition, it has become a major entertainment center with the highest concentration of sports sites in the U.S.
We are constantly adding new rentals to our Detroit portfolio. If you are interested in learning about the latest deals, fill out your contact information and we will send them to you shortly.