Why Invest in Detroit

Why invest in Detroit
 
  • 4.3 Million - Metro Detroit Population

  • $56,000 - Household Income

  • 5.7% - Unemployment rate (July 2018 Statistics)

  • Detroit is in the top 10 nationwide in construction job growth

  • Detroit has the second highest rent-to-value ratio in the country

  • The metro area is home to General Motors, Ford Motor Company, Chrysler ("The Big 3")

  • Fiat Chrysler to invest $1 billion in Metro Detroit Plant

Why Invest in Detroit

 

  • New QLine metro rail system connects the city

  • The office-vacancy rate is the lowest in a decade, standing at 11.3% in the past three months of 2018.

  • Detroit is also home to over 30 Fortune 500 companies, including Penske Automotive, Quicken Loans, Kellogg, Whirlpool, and Walmart.

  • Plans are underway for a multi billion new Detroit Subway according to DTA

  • Below are the proposed stops

 
  • New QLine metro rail system connects the city

  • $1billion Skyscraper construction is underway in Downtown

  • In the last 7 quarters in Detroit, home values have grown at a faster pace than in any other city in the U.S.

  • Detroit now has more renters than homeowners

Why Invest in detroit
 
  • S&P Case-Shiller Index Confirms Detroit's Real Estate Market is Red-Hot

  • Millennial population is growing rapidly in downtown Detroit, bringing new, trendy stores, and lot of Tech jobs following

  • Detroit a top job market for millennials, LinkedIn says. LinkedIn lists about 39,700 job openings in the Greater Detroit Area in IT, Marketing, Advertising & Automation.

  • Redefined Downtown with new restaurants, walkways, cinemas.

  • Demand for good Rental properties is on a steady rise with rents increasing 17% through the city in 2018.

Why Invest in Detroit
 
  • $650million spent on sports centre and renovating the arena district.

  • Canada is just 5 minutes drive across the Bridge from downtown Detroit

  • Major Attractions include Detroit Tigers, Detroit Lions, Detroit Red Wings, Wayne State University, University of Michigan, Beaumont Hospital, Fox Theater and a brand new multi million dollar bridge to Canada being built.

  • Current housing shortage of tenanted property due to increased demand

  • Detroit is being re-born as Car manufacturing, Driverless technology, Artificial Intelligence, Machine Learning, Aerospace, Medical & healthcare Bio-techs and alternate fuel cells in Battery innovation companies flock into Detroit.

Why Invest in Detoit

 

  • This graph shows the GDP of the Detroit metro area from 2001 to 2017. In 2017, Detroit's GDP amounted to 260.61 billion U.S. dollars.

  • Home to America's big three - Ford, General Motors and Fiat Chrysler.

  • Detroit is the 'Motor City,' where local investors and international companies alike are gathering to invest in new car technologies - like driverless and fuel cells etc.

  • Detroit's fastest growing industries are in sectors as diverse as healthcare, defense, aerospace, IT and logistics.

  • According to Zillow, the median housing sale trends in Detroit has had a 12% year-to-year increase which shows sustainable growth which will only increase with all these external factors that make Detroit houses a prime real estate investment.

Why Invest in Detroit
 
  • Tenanted Brick properties for Prices for as little as $25,000

  • Minimum 12% annual rental income

  • Fully managed properties

  • We source the Best price for our repairs and Innovate in property management where we come up with great ideas to save costs. For instance, we would source newer second-hand items (like appliances & carpet) but under warranty items that could go into your rental for less than a third of the original price.

  • We keep you the Investor fore-front in our service delivery model.

  • We target Brick properties in stable neighborhoods between $30,000 and 75,000 properties which return between 700 and 1800 per month. So get in touch with us to see how we can help you Invest in Detroit with confidence.

  • Because in DETROIT there is "ROI" = DET-ROI-T!

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