Best Places For Section 8 Rentals Detroit

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  • Travis Biziorek
    Investor · Arroyo Grande, CA · Member since 2014 · 1k+ posts · 1k+ votes
    2y

    Hey Brian, this is a crazy broad question. I have some experience here as I own 12-doors in Detroit and stay extremely active in the market there outside my own portfolio. I've had a number of S8 tenants over the years and currently have 3 doors with S8 tenants.

    Detroit is 150 square miles (quite large) and has everything from A to D Class areas. Not only that, even the stronger areas can be block-by-block. This means you could be on an investable block in a decent area, move a couple blocks over and BOOM, everything changes and you wouldn't want to invest there.

    For that reason it's very tough to recommend areas, neighborhoods, or zip codes in Detroit without a major disclaimer.

    Broad strokes... stay out of D Class stuff. People get tempted here because they think they can throw in a S8 tenant and they'll be fine. 

    That's not the case.

    D Class areas will attract D Class tenants regardless of if they're on Section 8 or not (not all S8 tenants are created equally). These folks will be headaches and tear your house up.

    If you're targeting S8 specifically you're likely going to want to be in C Class areas. Once you move into B or higher areas S8 doesn't really make sense. Market rate rents are higher than maximum voucher limits in those areas.

    Anyway, happy to send you some more robust resources if you want to dive deeper.

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  • Michael SmytheBusiness Member
    Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
    2y

    @Brian Willie your question shows how much you have to learn!

    Too much to cover here, so you may want to DM us.

    Here are some basics:

    1) Are you looking at Detroit Metro suburbs or the City of Detroit?

    2) Are you looking for Class A, B, C or D properties?

    3) How well do you know the different challenges with each Property Class and corresponding tenant-pool?

    Also, don't believe the hype that S8 is the answer to all investment challenges.

    Logical Property Management4.9446 Reviews
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