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).

Cortland Street - Detroit, Michigan 48204

Cortland Street - Russell Woods
  • Financial Snapshot
  • Price: $75,000
  • Monthly Rent: $800
  • Yearly Taxes: $948
  • Insurance: $500
  • Management: $960
  • $7,192Net Cash Flow:
  • 9.00%Net Return:

Cortland - Russell Woods – This gorgeous 1500 sq ft colonial is located in Detroit’s historic Russell Woods neighborhood, the birthplace of the “Motown” sound. This property has serious curb appeal and features a newer roof, newer vinyl windows and was fully rehabbed in 2016. The property is currently rented for $800 per month. The home is walking distance from Detroit’s historic Central High School, the first high school in the State of Michigan. The property taxes have been slashed in half – less than $1000 for the entire year. The home has major capital appreciation potential having sold on a mortgage for $128,000 pre-crash.

16260 Fairfield - Detroit, Michigan 48221

16260 Fairfield
  • Financial Snapshot
  • Price: $150,000
  • Monthly Rent: $1,350
  • Yearly Taxes: $1,301
  • Insurance: $600
  • Management: $1,620
  • $12,679Net Cash Flow:
  • 13.30%Net Return:

Massive two family brick property located directly across the street from the sprawling campus of the University of Detroit Mercy. Just one block away are the large, impressive homes of Detroit's University District which boast some of the highest property values in the city. Single family homes in this area sell for $300k+. Rare opportunity to own a rental property right in the heart of a prestigious college campus. The private university is considered one of the top law programs in the midwest, as well as one of the best dentistry schools. The complex is currently 100% occupied and generating a really impressive return. Newer roof and windows make this property a steal at under $100,000. Call us today to reserve. 

7600 Penrod - Detroit, Michigan 48228

7600 Penrod Exterior
  • Financial Snapshot
  • Price: $85,000
  • Monthly Rent: $800
  • Yearly Taxes: $1,161
  • Insurance: $400
  • Management: $960
  • $7,079Net Cash Flow:
  • 8.30%Net Return:

Full rehabbed bungalow in the bustling Warrendale neighborhood on Detroit's northwest side. The property has been professionally managed by the same property manager for years. Currently rented to a Section 8 tenant for $800 per month. Very well kept and fully modeled including mechanical systems. Newer 3D shingle roof, newer vinyl windows. Sits on a corner lot, in an area with booming property values and sky-high demand from tenants. Walking distance from the busy West Warren commercial business district which runs through the entire neighborhood. 

16121 Rosemont - Detroit, Michigan 48219

New Listing
16121 Rosemont
  • Financial Snapshot
  • Price: $140,000
  • Monthly Rent: $1,100
  • Yearly Taxes: $2,206
  • Insurance: $400
  • Management: $1,320
  • $9,274Net Cash Flow:
  • 6.60%Net Return:

Pristine brick colonial beauty in the heart of one of Detroit's most prestigious neighborhoods. Welcome to North Rosedale Park! A national historic district that exemplifies the glory of Detroit's architecture. This large 2200 sq ft home has serious curb appeal. The tree lined streets of this neighborhood feature some of the best kept residences on the entire northwest side. The home has been professionally managed by one manager for over 7 years. Long term owner, property kept up immaculately. Currently rented for $1,100/mo. Being sold considerably under market value. Rehabbed homes of this size in this neighborhood being sold on the open market are fetching prices north of $220,000. 

14513 Artesian - Detroit, Michigan 48223

New Listing
14513 Artesian
  • Financial Snapshot
  • Price: $130,000
  • Monthly Rent: $1,050
  • Yearly Taxes: $2,171
  • Insurance: $600
  • Management: $1,260
  • $8,569Net Cash Flow:
  • 7.00%Net Return:

This large brick colonial sits on a gorgeous tree-lined street within the Rosedale Park Historic District, a highly sought-after neighborhood known for its beautiful homes and landscaped boulevards. This area boasts some of the highest property values in the entire city. The proof is in the data! The comparable sales for this house are through the roof. A smaller house on the same block sold for $260,000 in May of 2022. The property is fully rehabbed including full upgrades to the mechanical systems and is currently rented for $1050 per month. 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 huge upside on the rental side – the next tenant cycle can generate $1400/month.