We have several homes available, with tenants and property management already in place. These are generally 3 bed, 1 bath homes, and have recently been renovated. The ones currently available range from $70,000 to $75,000 and have an average yearly return of 8 to 11 percent. Cash buyers only!
***The city of Detroit and the surrounding suburbs are going through a huge come back. Multiple media outlets consistently rate Detroit in the top 10 best places to buy rental properties in the country. With record low pricing, record increases in rent premiums, and a resurging and diversifying job market, the perfect opportunity to buy low price and high yield properties was created. This city and its surrounding suburbs are on their way back up with the help of Fortune 500 companies and the government. We have been investing in Detroit ever since the housing crisis and all we have seen is an increase in home prices and a higher demand for renters throughout the years. This is a great market and we believe it will only get.
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