Professional affordability calculator optimized for retail properties in Detroit. Local market data shows 7.5% average cap rates and $235,000 median property values.
This calculator is optimized for retail property investments in Detroit. The market data above reflects current conditions in the Detroit real estate market, helping you make informed decisions about retail property investments.
The Detroit, MI retail real estate market offers unique investment opportunities. With a median home price of $235,000 and average cap rates of 7.5%,retail properties in this market present a strong yield profile.
Current market conditions show properties averaging 45 days on market, with year-over-year appreciation of 3.8%. Average cash-on-cash returns for retail investments in Detroit are approximately 12.5%.