Real Estate Investors In Detroit

Detroit, Michigan
Investor Mindset
1yFollow

Real Estate Investors In Detroit

Zarresha Carr
Member since 2025 · 3 posts · 1 vote
  • What neighborhoods in Detroit are you currently buying in for flips/rentals? I’m seeing lots of activity in 48235 — curious what other investors are seeing
0Reply
136 views

Investor-friendly agents in Detroit, MI

See the agents BiggerPockets members work with in Detroit, MI.

Most Popular Reply

Michael SmytheBusiness Member
Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
1y

@Zarresha Carr why do investors keep trying to invest in the City of Detroit using zip codes?

Zip codes work in the Metro Detroit suburbs ONLY!

Much of Detroit is block-by-block and zip codes cover too large of an area.

We use City Neighborhoods of which there are 187 to 195 - depending on the source.

We've analyzed & rated 183 Neighborhoods, which we have color-coded on our website.

Since a zip code will encompass SEVERAL Neighborhoods, using the Neighborhood approach focuses on smaller sections of the city, which leads to a higher probability of success!

NOTE: even though the Neighborhood approach is better than the zip code approach, many Neighborhoods still require a block-by-block analysis for successful investing.

Logical Property Management4.9464 Reviews
WebsiteView Page
1Reply
See this reply in the discussion

5 Replies

Jump to latestLatest
  • Michael SmytheBusiness Member
    Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
    1y

    @Zarresha Carr why do investors keep trying to invest in the City of Detroit using zip codes?

    Zip codes work in the Metro Detroit suburbs ONLY!

    Much of Detroit is block-by-block and zip codes cover too large of an area.

    We use City Neighborhoods of which there are 187 to 195 - depending on the source.

    We've analyzed & rated 183 Neighborhoods, which we have color-coded on our website.

    Since a zip code will encompass SEVERAL Neighborhoods, using the Neighborhood approach focuses on smaller sections of the city, which leads to a higher probability of success!

    NOTE: even though the Neighborhood approach is better than the zip code approach, many Neighborhoods still require a block-by-block analysis for successful investing.

    Logical Property Management4.9464 Reviews
    WebsiteView Page
    1Reply
    • Zarresha Carr
      OP
      Member since 2025 · 3 posts · 1 vote
      1y

      @Michael Smythe 

      That’s a great point, Michael — I’ve noticed a lot of people using zip codes when discussing Detroit investing, but I can definitely see how that could be misleading compared to neighborhood or block-by-block analysis. I’d love to learn more about the way you’ve broken down the neighborhoods and how that can be applied to flips and rentals.

      1Reply
    • Drew SygitBusiness Member
      Property Manager · Royal Oak, MI · Member since 2012 · 13k+ posts · 9k+ votes
      1y
      Quote from @Zarresha Carr:

      @Michael Smythe 

      That’s a great point, Michael — I’ve noticed a lot of people using zip codes when discussing Detroit investing, but I can definitely see how that could be misleading compared to neighborhood or block-by-block analysis. I’d love to learn more about the way you’ve broken down the neighborhoods and how that can be applied to flips and rentals.

       Check out our website and then DM us if you'd like to chat:)

      [email protected]248-209-6824
      Logical Property Management4.9469 Reviews
      WebsiteView Page
      0Reply
  • Ryan Lonsway
    Real Estate Agent · Detroit · Member since 2025 · 3 posts · 0 votes
    1y

    48235, 48219, 48221, 48227, and 48224 have been my go tos for the last few years. As Michael said, it's block by block. It's SO important to have boots on the ground to physically walk properties in Detroit before closing.

    0Reply
  • Nick SehyPro Member
    Real Estate Agent · Detroit MI, United States · Member since 2023 · 4 posts · 2 votes
    10mo

    Zarresha, 48214 (islandview and west village) are underrated for some reason. I'm seeing purchases below 100k and ARVs above 300 all the time.

    248-303-8027
    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free