DETROIT

One of the most inexpensive housing markets in the nation is in Detroit. It showcases a high percentage of homeowners and an average property price around 2.5 times higher than the national average. There are several options to invest in Detroit real estate because so many new developments are constantly being built. In addition to being the city in the US with the lowest cost of living. It is also among the most attractive markets for real estate investments. The city has 672,795 residents, and over the next five years, the population is expected to increase. The median home sales price in Detroit is $80,000, and many more elements make it a desirable location for real estate investment. It offers a beautiful chance with significant returns and cash flow. Rents have increased 32% since last year, making it the metro area’s fastest-growing city.