Detroit – the best places to invest

Over the last few weeks I’ve told you about some of Detroit’s best neighborhoods.

Where you should buy now to benefit from rising property prices.

So you can maximise your rental yields and capital growth.

Today let’s take a look at Denby…

Denby

Denby is in East Detroit next to affluent Grosse Pointe and Harper Woods.

A lot of money has been spent regenerating this neighborhood over the last few years.

Skinner Park was renovated at a cost of US$1,400,000 in August 2016.

It now has 2 basketball courts, a volleyball court, pickleball court and a mixed-use football and soccer field.

As a result it is popular with parents and children.

Denby is also well known for its excellent block clubs.

They play an important role in the community by organising local events and meetings.

Moreover, they encourage neighbors to be vigilant which helps to keep crime rates low.

As a result there is high demand for rental property.

And property prices in the area have been rising fast in recent months.

In fact, in January 2017 the median sales price for a detached property in Denby was just US$ 36,900.

Today it is US$ 45,100.

That’s an increase of 22.22% in the last year.
(Source: Realcomp II)

Property prices in Denby are still lower than some other Detroit neighborhoods.

And you can still get rental yields of 16% or more.

Demand from local buyers continues to rise, and prices are forecast to increase by another 9% this year.

So your rental yield is likely to rise.

The good news is there are a still a few bargains to be had.

But you need to act quickly.

Because I can still offer you fully renovated, tenanted properties in Denby from only US$ 41,995.

And you will earn rental yields of up to 16.75% net.

So if you want to see what’s available in Denby right now – just reply to me.

And if you’d like a full list of investment properties (ALL in good areas) simply reply to me.

Let’s have a quick look at a few that are available right now.

This one is on Nottingham Road in Denby…

Nottingham Road in Denby

This property is 2.2km (1.3 miles) to Denby High School and Skinner Park.

The shops, banks and restaurants on Morang Avenue are just a 5 minute walk.

This house has 3 bedrooms, 1 bathroom, a living room, a kitchen, a 750 sq. ft. basement and a 5,358 sq. ft. garden.

It is on offer for US$ 42,995.

Your monthly rent is US$ 750.

Your net yield is 16.15%.

That’s US$ 6,942 in your bank account every year.

Want full details?

Simply reply to me.

This place is on Somerset Avenue in Denby…

Somerset Avenue in Denby

This property is 1.5km to Denby High School and Skinner Park.

The shops, banks and restaurants on Morang Avenue are just a 2 minute walk.

This house has 3 bedrooms, 1 bathroom, a living room, a kitchen, an 812 sq. ft. basement and a 4,792 sq. ft. garden.

It is on offer for US$ 54,995.

Your rent is US$ 850 per month.

Your rental yield is 14.58% net.

That’s US$ 8,019 in your pocket every year.

Want to know more?

Just reply to me.

This last one is on Balfour Road in Denby…

Balfour Road in Denby

This property is 1.5km to Denby High School and Skinner Park.

Shops, banks and restaurants on Morang Avenue are just a 2 minute walk.

The house has 3 bedrooms, 1 bathroom, a living room and a kitchen.

There is also a 650 sq. ft. basement and a 5,227 sq. ft. garden.

This property is on sale for US$ 42,998.

Your rent is US$ 775 per month.

Your net return is 16.75% – after all expenses.

That’s US$ 7,201 in your hand every year.

If you’d like to know more – simply reply to me.

Remember all our USA investment properties are:

  • Fully renovated – average cost of works US$ 20,000
  • Freehold with full warranty deed
  • Already tenanted with pre-screened tenants – you get paid from day one
  • Professionally managed – your rent is paid on time into your own bank account

Plus, with our Detroit properties you get all this completely free:

  • Free Title Insurance – value US$ 499
  • Free 1 year Property Insurance – value US$ 495
  • Free 12 month Home Warranty – value US$ 700

Total value = US$ 1,694.

I won’t offer you unrealistic guarantees which can’t be fulfilled, like some people I could mention.

But I do promise you…

  • Your vacancy rates will be very low (last 3 years 3.58% average)
  • You will always get paid what you are due
  • I will stay right by your side for as long as you own your property
    It doesn’t matter if it’s 3 months or 30 years – if you have a problem I’ll be here to help.

Because I know that if you get the returns you are expecting you’ll come back for more.

You might even refer your friends and family, if I’m really lucky.

And unlike many of my competitors I don’t charge you a finder’s fee, an enabling fee or an arrangement fee.

In fact I don’t charge you any fees at all.

So if you’d like full details of what’s on offer in Detroit – just reply to me.

Best,

Rebecca

Copyright OVG Invest Co. Ltd. 2009 - 2019
Email: info@ovginvest.com
Tel: +852 3101 7075 - Fax: +852 3101 7076
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