Detroit Investment Properties

Metro Detroit turnkey investment properties are opportunities unmatched by any other market. There are several things we consider when evaluating a property, such as the neighborhood and surrounding area. We take into consideration many important demographic statistics including population density, median income levels, and vacancy rates among other factors. We also look at every investment to determine its feasibility from a real estate perspective: resale value, potential rental amount, scope of any rehab work, carrying costs (taxes, insurance).

3602 Chatsworth - Detroit, Michigan 48224

Sold
AA 1 Front Exterior
  • Financial Snapshot
  • Price: $139,000
  • Monthly Rent: $1,300
  • Yearly Taxes: $1,518
  • Insurance: $600
  • Management: $1,560
  • $11,922Net Cash Flow:
  • 7.50%Net Return:

This newly remodeled all-brick colonial is a fantastic opportunity to own a property in the highly desired Morningside neighborhood of Northeast Detroit. Unbeatable location, just one block north of the affluent Grosse Pointe suburb. Walking distance from one of the largest high schools in Detroit (EEV Prep). This home features brand-new windows, a brand-new furnace, a completely renovated kitchen, and a freshly paved cement walkway. Boasting 1400sqft of comfortable living space, this beautiful 3-bedroom property had full cosmetic repairs throughout and is truly move-in ready. Easily tenantable for $1300/month! 

24411 Pembroke - Detroit, Michigan 48219

Available
24411 Pembroke exterior
  • Financial Snapshot
  • Price: $105,000
  • Monthly Rent: $950
  • Yearly Taxes: $1,116
  • Insurance: $600
  • Management: $1,140
  • $8,544Net Cash Flow:
  • 8.14%Net Return:

This brick ranch property is immaculately maintained and is located in one of the top areas in Detroit. The “Five Points” neighborhood is extremely small and exclusive. Properties within the area sell fast, and boast some of the highest property values on the NW side. This all-brick ranch has serious curb appeal. With pristine landscaping, an attached garage, a newer roof, and vinyl windows. It has been professionally managed by the same manager for several years, and the long-term tenant maintains the home very nicely. The property a few doors down sold for $170,000 in June of 2023, in just 5 days on the market.

9395 Littlefield - Detroit, Michigan 48228

Sold
9395 Littlefield exterior
  • Financial Snapshot
  • Price: $105,000
  • Monthly Rent: $1,100
  • Yearly Taxes: $1,260
  • Insurance: $600
  • Management: $1,320
  • $10,052Net Cash Flow:
  • 9.57%Net Return:

This beautiful brick colonial property is located on the outskirts of the Aviation Subdivision. The block is immaculate, lined with tall brick colonials and well-manicured lawns. The property is fully rehabbed, including full upgrades to the mechanical systems, and is currently rented for $1100 per month through Section 8. The property is section 8 certified and was completely renovated in 2022. Newer roof, newer windows, newer furnace, and hot water tank. Truly an impressive property located in a top-tier area and priced significantly under market value. There is also a huge upside on the rental side – the next tenant cycle can generate $1400/month. Close to great schools as well as businesses in the neighboring suburb of Dearborn.

9381 Littlefield - Detroit, Michigan 48228

Available
9281 Littlefield Exterior
  • Financial Snapshot
  • Price: $105,000
  • Monthly Rent: $1,050
  • Yearly Taxes: $1,260
  • Insurance: $600
  • Management: $1,260
  • $9,480Net Cash Flow:
  • 9.03%Net Return:

This beautiful brick colonial property is located on the outskirts of the Aviation Subdivision. The block is immaculate, lined with tall brick colonials and well-manicured lawns. The property is fully rehabbed including full upgrades to the mechanical systems and is currently rented for $1050 per month. The same owner since 2012, off-market deal. Newer roof, newer windows, newer furnace and hot water tank. Truly an impressive property located in a top-tier area and priced significantly under market value. There is also a huge upside on the rental side – the next tenant cycle can generate $1400/month. Close to great schools as well as businesses in the neighboring suburb of Dearborn.

15550 Auburn - Detroit, Michigan 48223

Available
15550 Auburn exterior
  • Financial Snapshot
  • Price: $120,000
  • Monthly Rent: $1,000
  • Yearly Taxes: $1,493
  • Insurance: $600
  • Management: $1,080
  • $8,707Net Cash Flow:
  • 7.30%Net Return:

This spacious brick colonial features almost 1,700 sq feet of space including 3 bedrooms and 3 full baths. Huge prospects for capital appreciation. Located in the Minock Park neighborhood directly adjacent to the high-end Rosedale Park neighborhood. As property prices continue to soar in Rosedale, many homeowners are snapping up properties in Minock Park as a more affordable option. Comparable sales for this home in Minock Park have sold for upwards of $190,000. The property is fully rehabbed including full upgrades to the mechanical systems and is currently rented for $1000 per month. The same owner since 2012, a great record of performance. Newer roof, newer windows, newer furnace and hot water tank. Truly an impressive property located in a top-tier area and priced significantly under market value.

9637 Grandville - Detroit, Michigan 48228

New Listing
9637 Grandville exterior
  • Financial Snapshot
  • Price: $77,000
  • Monthly Rent: $850
  • Yearly Taxes: $1,594
  • Insurance: $500
  • Management: $1,020
  • $7,086Net Cash Flow:
  • 9.00%Net Return:

This well-kept brick ranch is located in the beautiful Franklin Park neighborhood on Detroit’s northwest side. Ranch-style properties are rare in Detroit, but very popular and sell for more per square foot compared to bungalows. With a new roof and newer vinyl windows, this property has very nice curb appeal and can be sold to a homeowner in the future. Rented to a Section 8 tenant, with a great chance to increase the rent to $1,200 per month during the Section 8 anniversary. Professionally managed and well maintained by the tenant. Located on an excellent block with very high occupancy. Just a short drive away from the largest park in west Detroit. Close to great schools and very close to the suburbs of Redford and Dearborn Heights.

9386 Pinehurst - Detroit, Michigan 48204

New Listing
AA
  • Financial Snapshot
  • Price: $120,000
  • Monthly Rent: $1,300
  • Yearly Taxes: $1,562
  • Insurance: $600
  • Management: $1,560
  • $11,878Net Cash Flow:
  • 10.02%Net Return:

This 3-bed, 1-bath massive all-brick bungalow is fully remodeled with brand new windows, new kitchen and bath, and fresh paint and carpet throughout the home. Very spacious property with over 1600 sq feet of living space. Walking distance from Mackenzie Elementary and Middle school - one of the largest in the area! Conveniently located just 5 minutes from the bustling Warren Ave business district in the Dearborn suburb. This Northwest Detroit gem is ready to generate $1300/month. Own this property with a mortgage payment that is less than market rent! 

16148 Roselawn - Detroit, Michigan 48221

New Listing
A_Front Exterior
  • Financial Snapshot
  • Price: $210,000
  • Monthly Rent: $1,800
  • Yearly Taxes: $2,208
  • Insurance: $600
  • Management: $1,879
  • $18,792Net Cash Flow:
  • 9.00%Net Return:

Prime opportunity to own a property in the premier 48221 zip code. With over 1800 sq ft and a rare first-floor master suite, this gorgeous home with classic charm has been tastefully restored with modern updates. Terrific floor plan with large windows and plenty of natural light, dedicated dining room, and gourmet kitchen with new cabinets, granite, and subway backsplash. The lower primary suite has a bedroom and a large half bath. Upstairs, find 4 more large bedrooms and an updated full bathroom with a tub/shower area, luxury vinyl tile, and new vanity/lighting. Further updates include a newer roof, windows, furnace, water tank, newly built detached garage, and new central air unit. Fenced yard and massive rear driveway. Walking distance to the University of Detroit Mercy, the Marygrove Conservancy Campus, and the vibrant McNichols business corridor with plenty of shopping and dining options. Terrific value and priced well below replacement value, THIS IS THE ONE!

9566 Pierson - Detroit, Michigan 48228

New Listing
A
  • Financial Snapshot
  • Price: $115,000
  • Monthly Rent: $1,300
  • Yearly Taxes: $2,540
  • Insurance: $600
  • Management: $1,560
  • $10,900Net Cash Flow:
  • 9.50%Net Return:

Looking for a freshly remodeled, spacious home in Detroit at an amazing price? Look no further. This beautiful bungalow is located on an immaculately maintained street, a short walk from the largest park in west Detroit. The mortgage payment would be less than the home’s market rent amount! The bathroom and kitchen feature premium “subway style” ceramic tile, and new cabinetry. Full cosmetic upgrades as well as a new hot water tank and furnace. New plumbing, carpet, paint, and more! The property can also be purchased as an investment with a $1,300/per month rental rate. Schedule a showing today! Buyer agent to verify all data and measurements

3603 29th - Detroit, Michigan 48210

New Listing
A
  • Financial Snapshot
  • Price: $189,000
  • Monthly Rent: $1,800
  • Yearly Taxes: $1,415
  • Insurance: $600
  • Management: $2,160
  • $17,425Net Cash Flow:
  • 9.20%Net Return:

Calling all INVESTORS: Fully renovated Multi-Family property located in an excellent neighborhood! Lower unit generates $1,000/month, upper unit at $800/month. Tenants have 100% payment history. Maximize your ROI with this income-generating property located in a prime area. Located right off Michigan Ave, approximately 1 mile away from Ford's brand new $1 billion Michigan Central Station Campus. Just a short drive from Corktown and downtown Detroit. Schedule a showing today!