Detroit, MI
Real Estate Investment Market Analysis
Market Overview
Median Home Price
$258,559
+3.5% YoY
Median Rent
$1,492/mo
+2.7% YoY
Avg Cap Rate
4.5%
Investment yield
Days on Market
33
Avg listing time
Market Conditions
Supply & Demand
Inventory LevelBalanced
Market Heat
41/100
Price-to-Rent Ratio14.4
Economic Indicators
Population636,787
Population Growth+0.6%
Unemployment Rate4.6%
Investment Opportunity Assessment
+Strengths
- •Positive price appreciation (+3.5% YoY)
- •Growing population base
- •Rising rental rates
!Considerations
→Next Steps
- •Get a free snapshot of available properties
- •Compare neighborhoods within the metro
- •Analyze specific properties with full reports
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