Detroit

Details

Detroit has a population of over 5 million people, making it the largest city in the state of Michigan and the 11th most populated city in the United States. Over the last couple of years though, the city and the property market have been hit hard by the USA’s economic downturn with the auto trade being affected particularly badly.

Many perfectly decent properties have been repossessed and boarded up, which has created a real shortage of housing. There are thousands of people waiting for homes to become available to rent and in some areas, foreclosed properties are being snapped up by investors for more than 50% below their true market value.

Furthermore, we have homes that can readily achieve high net returns and have excellent growth potential in the next few years.

The houses we source are fully refurbished to provide high quality accommodation for normal working families. Rents are guaranteed by the US Department of Housing and are paid directly by that department to the landlord. They are fully managed by our local partners and come with a 2 year maintenance free guarantee.

In a nutshell

These investments are perfectly suited to any client who is looking for a great rental return with medium to long term capital growth. They offer a complete package meaning our investors benefit from a wealth of experience, giving them another exceptional addition to their portfolios.