Detroit City Report


Detroit State : Michigan

Detroit is the most populous city in the state of Michigan. As many will know; Detroit has been the poster child for the collapse of the US housing market. Our staff have toured the war zones in “Motor City” and seen it first hand. That being said – Detroit is a high-risk high-reward investment market. There are fortunes to be made by the brave, and fortunes to be lost by the foolish. We do not recommend anyone invest in Detroit, but with proper research and guidance there is a very significant opportunity.


Cashflow Rating :
Appreciation Rating :
Population (MSA)
4,292,060
2015 Appreciation Rate
12.5%
Average Rent
$827USD/Month
Rental Vacancy Rate
5.9%
Homeownership Rate
74.6%
Persons per household
2.75

    Statistics for Single Family Homes and Condos in Detroit, MI

    Employment by Sector and Trends

    EmploymentSectorsDetroit   UnemploymentTextDetroit Note: Recessions shown in grey   EmploymentTextAtlanta   HouseholdIncomeTextDetroit
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