Detroit, MI

Gateway to growth in the motor city

Key Investment Highlights

$

Exceptional Value Metrics

Average turnkey rehab costs of ~$50,000 with rents supported by 1.5x security deposits generate reliable cash-on-cash returns.

🏢

Economic Powerhouse

Major employers including GM, Ford, Stellantis, Quicken Loans, and Wayne State anchor a diversified economy spanning automotive, finance, healthcare, and education.

📈

Accelerating Rent & Occupancy Growth

90-95% occupancy rates are maintained across the portfolio, with turnovers re-rented in less than 30 days and tenanting completed within 2 weeks post-rehab.

Detroit Investment Advantages

Affordable rehab timelines of 4-6 weeks, landlord-favorable regulations, and Detroit’s rising recognition as a national investment destination support long-term growth.

🏠

Strong Tenant Stability

Quality rental demand is supported by stable tenants, with average stays ranging from 1-5 years across the portfolio.

🔑

Professional Management Performance

With 50 properties managed, 97% rents collected by the 10th, and an average tenant turnover of <30 days, the market supports efficient operations.

🌎

Out-of-State Investor Demand

Investor demand remains strong with 95% of ownership coming from out-of-state investors seeking passive cash flow opportunities in Detroit.

📊

High Occupancy Portfolio

Portfolio-wide occupancy remains consistently strong at 90-95%, reflecting healthy renter demand and effective leasing performance.

💼

Investor-Friendly Operations

A competitive 9% property management fee and streamlined rehab-to-tenant timelines make Detroit well-suited for hands-off ownership.

Sample Property Showcase

See the Transformations

These sample projects highlight the kind of work that can turn dated properties into cleaner, more functional, and more marketable rental-ready homes. Each example below showcases major improvements and before-and-after results from actual renovation work.

Property Example 1

15228 Mettetal St

This renovation focused on major system upgrades, durable finish improvements, and high-impact kitchen, bath, and exterior updates to improve both tenant appeal and long-term rental performance.

Highlighted Scope of Work

This project included substantial improvements across the home, from roofing, flooring, paint, and safety items to kitchen, bathroom, porch, basement, and garage updates designed to create a cleaner, more functional, and more market-ready rental property.

Installed a new roof on the house including wood repairs, flashing, shingles, and proper venting, along with additional exterior trim, porch, and garage improvement work.
Updated interior finishes with new click vinyl flooring throughout the first floor and stair areas, plus new carpet, pad, and tack strip in the upper hall and three bedrooms.
Completed full prep, repair, prime, and paint work throughout the house including walls, ceilings, doors, trim, and multiple damaged areas before final finishes were applied.
Renovated the kitchen with new white shaker cabinets, granite countertops, backsplash, undermount sink, new faucet, range hood, and pantry bifold upgrades.
Updated the main bathroom with a reglazed tub, new tile surround to the ceiling, new vanity, mirror, light fixture, toilet, and Delta tub and shower fixtures.
Refreshed the half bath with a new toilet, vanity, medicine cabinet, light fixture, and bath accessories to improve daily functionality and presentation.
Installed new safety and utility improvements including smoke detectors, CO2 detectors, GFI protection where required, updated switches and plugs, and additional lighting upgrades.
Completed basement and mechanical updates including new hot water tank and venting, sewer jetting, laundry tub package, boiler system startup, and extensive cleanup and paint work.
Property Example 2

15403 Murray Hill St

This renovation focused on substantial exterior, flooring, kitchen, bath, basement, and system improvements to help transform the property into a cleaner, safer, and more market-ready rental.

Highlighted Scope of Work

This project included major cleanup, repair, and finish work throughout the home, along with targeted kitchen, bathroom, stairway, and basement updates designed to improve function, presentation, and long-term rental durability.

Completed extensive exterior cleanup and repair work including tree and vine removal, masonry tuckpointing, porch repairs, new gutters and downspouts, exterior paint, new stairway construction, and lighting updates.
Installed new vinyl windows, repaired damaged entry flooring and structural framing, replaced locks, weatherstripping, doors, trim, and multiple other wear-and-tear items throughout the home.
Updated interior finishes with new click vinyl flooring throughout the first floor and stairways, plus new carpet and pad in the large second-floor rooms for a cleaner, more durable rental-ready interior.
Renovated the kitchen with new white shaker cabinets, granite countertops, sink, faucet, backsplash, drywall repairs, electrical adjustments, and a new range hood installation.
Fully renovated the main bathroom with a new tub, tile surround to the ceiling, vanity top, faucet, toilet, medicine cabinet, light fixture, accessories, insulation, and updated plumbing fixtures.
Completed basement and stairway improvements including new paint, waterproofing at lower walls and corners, rebuilt basement stairs, new laundry tub package, and updated ductwork support and venting.
Upgraded key mechanical and utility items including a new furnace, new hot water tank, sewer line camera and jetting work, trap replacement with cleanout installation, and additional electrical and panel labeling work.
Added safety and final market-ready details including smoke detectors, CO2 detectors, wall bumpers, new plugs and switches, LED lighting, final cleanout, debris haul away, and full house cleaning.

Ready to Start Investing?

Not sure which market is right for you? Our team will help you choose the best location and property based on your goals.

Book a Call
Turnkey Property Pro

CUSTOMER CARE

LEGAL

Copyright 2026. Turnkey Property Pro. All Rights Reserved.

The information contained herein is provided “as is” for educational and informational purposes only and is not intended to serve as investment advice or for trading purposes. Click here to read our full financial disclaimer. By submitting your email address and mobile number when submitting a form on our website, you agree to receive emails and text messages from Turnkey Property Pro Companies regarding your submission or other industry-related information. You can opt out anytime. Message & data rates may apply. View Privacy Policy.