Where Is The Best ROI
Return On Investment or ROI in real estate is calculated very simply: ($ X 12) / Total Investment, where $ is the monthly rent multiplied by 12 months and all divided by the total amount spent on the investment. So for example, if a property cost you $40,000 and you rent it out for $800 per month, in a 12 month period you collect $9600 in rent. When you divide $9600 by $40,000, your ROI is 24%. By anyone's standard that is a great return on investment. Believe it of not but in Detroit that is on the low end. According to CNN Money and RealtyTrak, the average ROI in Detroit is 30%, which is three times the national average. These high returns draw notice of investors from all across the world. The Chinese are not the only ones playing the international investment game; The Netherlands, Belgium, France, Luxembourg, Russia, United Arab Emirates and everyone in between is taking advantage of Detroit's high real estate ROI. 
Detroit offers the best ROI for real estate investment properties because of the high demand for rental properties by everyone from life-long city residence to new millennials joining the workforce. Millennials (people born after 1995) especially enjoy the comforts of renting in Detroit because of the new urban-dwelling culture and non-commitment. Millennials saw first hand the draw-back and horrors of owning personal property (versus investment property) throughout the credit/housing crisis. Today, they prefer to rent in new cool sprawling urban areas where they have an easy way out if they need to relocate. Good performing real estate investment properties in Detroit are usually $10,000-$20,000 (requiring rehabilitation) and $20,000-$40,000 (fully furnished and ready to rent). Average rent for a two-bedroom one-bath is $700-$800 per month.
Learn More: Buy Detroit Property
Detroit offers the best ROI for real estate investment properties because of the high demand for rental properties by everyone from life-long city residence to new millennials joining the workforce. Millennials (people born after 1995) especially enjoy the comforts of renting in Detroit because of the new urban-dwelling culture and non-commitment. Millennials saw first hand the draw-back and horrors of owning personal property (versus investment property) throughout the credit/housing crisis. Today, they prefer to rent in new cool sprawling urban areas where they have an easy way out if they need to relocate. Good performing real estate investment properties in Detroit are usually $10,000-$20,000 (requiring rehabilitation) and $20,000-$40,000 (fully furnished and ready to rent). Average rent for a two-bedroom one-bath is $700-$800 per month.Learn More: Buy Detroit Property