Detroit Is Becoming An Appreciation Market

[Travis Biziorek]

The median list price in Detroit has doubled in the last 5 years which represents a 16.7% CAGR. Add to that your typical 75% LTV and you're looking at a compounded annual return of nearly 67% each year.

That absolutely destroys markets like Cleveland, Columbus, St Louis, Los Angeles, New York, or even highly appreciating Miami.

And I believe it's going to continue. In fact, I wouldnt' be surprised if we see prices double in Detroit again over the next 5 years. And I wrote about why this is happening in this week's blog post here: https://www.buyingdetroitrealestate.com/detroit-has-become-a...

I've been investing in Detroit since 2019. I own 12-doors there and live in California. I also help out of state investors get started there as my "9 to 5". 

If you're interested in investing in Detroit or just want a ton of resources about the market there, feel free to DM me.