Detroit Real Estate Investment, Michigan
➤ Prices starting from only USD45,000 - Low entry level investment
➤ Excellent double-digit returns of up to 14% NET after all costs and fees
➤ Residential turnkey properties for sale - Fully renovated, fully managed, high quality single family rental homes in Detroit and surrounding suburbs
➤ A selection of 3, 4 and 5 bedroom single family homes all complete with certificates of occupancy
➤ Each home comes with a free 6 month building and rental warranty
➤ Suburban Detroit offers great capital growth opportunities - Last year alone saw a 13% increase in sales
Detroit Real Estate Investment, MichiganAs more and more real estate investors begin to look overseas to diversify their portfolios and avoid being stung by recent changes in legislation in the likes of the UK, New World Property Investment are proud to present exceptional real estate investment opportunities in the form of fully rehabbed and fully managed turnkey properties in Detroit.
Our market leading partners are the number one real estate investment and asset management company in the Metropolitan Detroit area. This enables us to provide UK and overseas investors with quality rental homes and excellent turnkey properties in the city of Detroit and its surrounding suburbs. These opportunities are extremely exclusive and can practically be considered as off-market; we are one of the only agents in the UK with access to these low entry level, double-digit income-generating turnkey residential investments.
Our Detroit real estate investment opportunities are extremely secure and profitable. Our U.S. partners have ensured that all properties are in thriving, stable and densely populated neighbourhoods and in order to meet increasing rental demand, all properties have been renovated to a high quality.
Each property comes occupied with pre-screened, qualified and dependable tenants who must have a combined salary of three times the annual rent with no eviction or criminal history. Our partners are extremely strict when it comes to tenant referencing: 80% of tenant applications are denied. Our combined commitment to the security of your investment is second to none.
For all overseas investors we are able to offer a high quality and extremely experienced in-house management division. This ensures that each and every home is not only fully inspected and safe for tenants to live in, but also that each and every home comes complete with a certificate of occupancy showing that all city standards and requirements have been met and satisfied. It is for this reason that we are able to confidently offer a free 6 month building and rental warranty on each and every home.
Now is the time to invest with us in Detroit real estate. The housing market in Metropolitan Detroit is currently experiencing a resurgence and many investors are taking advantage of this upswing by purchasing single family homes and turnkey investments at extremely competitive prices and securing excellent cash flow on their investment. Average returns in Metropolitan Detroit by far exceed those of other comparable markets including Atlanta, Chicago, Memphis and Buffalo.
Our turnkey properties in Detroit are typically 3 or 4 bedroom single family homes, priced on average between USD45,000 and USD75,000 providing unrivalled double-digit net income returns of between 8% and 14% after all fees and costs. Contact us now for all enquiries regarding our Detroit real estate investment opportunities and take advantage of this incredible buyers’ market to avoid disappointment.
Detroit Real Estate Investment Summary
Features Of The Opportunity:
- Fully renovated, fully managed, high quality single family rental homes in the city of Detroit and surrounding suburbs
- Hands free residential turnkey investments
- All properties are handpicked in thriving, stable and densely populated neighbourhoods
- A selection of 3, 4 and 5 bedroom single family homes all complete with certificates of occupancy
- Exclusive USA property investment opportunity
- Prices start from only USD45,000 – Attractive low entry level investment
- Foreign investors can benefit from a high quality in-house management division
- Excellent double-digit returns of up to 14% net after all costs and fees
- Investors receive their rental returns on a monthly basis usually 15th of every month
- Each home comes with free 6 month building and rental warranty – Additional 6 month warranties can be purchased
- Suburban Detroit offers great capital growth opportunities – Last year alone saw a 13% increase in sales (Realcomp)
- Detroit’s suburbs are benefiting from an influx of new jobs from companies like General Dynamics, Delphi and BorgWarner
- The state has added nearly half a million jobs since its economy bottomed in early 2010 (Charles Ballard, Professor of Economics at Michigan State University and director of MSU’s quarterly State of the State Survey)
- 69% of residents in Detroit’s suburbs now rate their financial situation as good or excellent
Investing with us in ‘Turnkey Properties, Detroit’ is as easy as picking up the phone. The steps are outlined below:
- Call and speak to your property expert at New World Property Investment
- Identify which and how many properties you wish to purchase
- Purchase agreement(s) are prepared and signed by both the seller and buyer
- There is usually a USD2,500 reservation fee payable held in escrow at title company
- Property inspection will take place and reports forwarded to buyer. Assuming buyer is satisfied the title company will set a closing date and prepare a HUD statement
- Property management agreement including rental guarantees to be signed by both parties
- 100% balance minus reservation will be payable upon closing
Estimated Completion: Fully Completed/Occupied
Finance: Available subject to status
Enquire about ‘Turnkey Properties, Detroit’ by completing the enquiry form below or contact us on +44(0)161 425 1516 for more information or to reserve your unit(s) now!
Alternatively, view our full range of USA property investment opportunities now.