Detroit 2 - 3 Bedroom House

3 BEDROOM HOUSE IN DETROIT

Tenanted house in Detroit.

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​HIGHLIGHTS: ​

• RENTED TO A SECTION 8 TENANT

• 3 BEDROOMS

• 1 BATHROOM

• 748 SQ FT

• PRICED AT ONLY $80,900

• TENANTED AT $1,000 PER MONTH (SECTION 8)

• PROPERTY TAXES PER YEAR $950

• INSURANCE PER YEAR $670

• PROPERTY MANAGEMENT PER YEAR $1,200.

• 11.3% RENTAL YIELD

• 7 MINUTES TO UNIVERSITY OF DETROIT MERCY

• 9 MINUTES TO MOTOWN MUSEUM

• 11 MINUTES TO WAYNE STATE UNIVERSITY

• 12 MINUTES TO FORD FIELD (HOME OF THE DETROIT LIONS)

• 12 MINUTES TO DETROIT INSTITUTE OF ARTS

• 13 MINUTES TO MICHIGAN CENTRAL STATION

• 15 MINUTES TO HENRY FORD MUSEUM

• 20 MINUTES TO DETROIT METROPOLITAN AIRPORT

• 20 MINUTES TO TWELVE OAKS MALL

• 34 MINUTES TO GREAT LAKES CROSSING OUTLETS​​

Detroit: A Rising Star in Real Estate and Economic Growth

Detroit, often known as the "Motor City," is undergoing an exciting transformation. Once seen as a city in decline, Detroit is now on the rise, with property values increasing, rental demand surging, and a revitalised economy creating new job opportunities. Whether you're an investor, a homebuyer, or someone considering relocating, Detroit offers incredible potential and a promising future.

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Property Prices on the Rise

The Detroit real estate market has been experiencing steady appreciation in property values. Over the past few years, home prices have seen consistent growth, making it an attractive market for both investors and homeowners. While Detroit remains more affordable than many other major U.S. cities, the upward trend in prices suggests strong long-term potential. Areas like Midtown, Downtown, and Corktown are especially seeing a rise in property values, with demand driven by young professionals and entrepreneurs moving to the city.

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Booming Rental Demand

With rising home prices and an influx of new residents, Detroit’s rental market is thriving. Many young professionals, students, and remote workers are opting to rent in the city, leading to increased demand for apartments and rental homes. Investors are capitalizing on this trend, securing properties in high-demand neighborhoods where rental yields remain strong. The city’s affordability and growing employment opportunities make it a prime location for rental investments.

Education and Opportunities

Detroit’s educational landscape is improving, with several reputable institutions providing excellent learning opportunities. Wayne State University, the University of Detroit Mercy, and several community colleges offer a range of programs that attract students from across the country. Additionally, vocational training and workforce development programs are equipping residents with the skills needed for today’s job market.

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Why Now is the Time to Invest in Detroit

With rising property values, strong rental demand, and a thriving job market, Detroit is proving to be one of the best up-and-coming cities for real estate investment. Whether you're looking to buy a home, start a business, or invest in rental properties, the city offers an abundance of opportunities. Detroit’s ongoing revitalisation is turning it into a hotspot for growth, making now the perfect time to get involved in this dynamic market.

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If you're considering investing in Detroit real estate, now is the time to take advantage of the city's upward trajectory. Don't miss out on this incredible opportunity to be part of Detroit’s comeback story!