Find the cap rate for apartment properties in Detroit
Calculate the value of your real estate
How It Works
Enter Property Address
Users may enter a property street address located anywhere in the United States.
Enter Property Characteristics
The tool relies on user descriptions of physical attributes and earnings potential.
Refine Income & Expenses
Users are able to make adjustments to a proforma income and expense statement generated from data analytics.
Get Cap Rate & Valuation
The tool displays an automated cap rate and valuation as well as a value based upon the user's projections.
It takes less than four minutes and is completely free!
Markets We Cover
Let Apartment Property Valuation guide you through the unique Detroit apartment market. Find valuations for any multifamily apartment property in Detroit's many historic districts, including Bricktown, Broadway Avenue, Capitol Park, and Grand Circus Park, as well as Greektown, Sherwood Forest, University District, Cass Corridor, and many other sub-markets throughout the Detroit metropolitan area. Detroit has much to offer! Just enter an address above to get started.
Population Change Affects Demand for Apartment Rentals in Michigan
Population growth is typically a positive sign for apartment owners, because it can lead to an increase in demand for housing. Users can see changes in population in Michigan using the tool below to analyze real estate market trends. The data provided shows the annual change for each city since 2010 (as reported by the US Census Bureau).
Education + Analytics
Dataspot Analytics LLC is a New York-based data science company that focuses on investment real estate. It offers insights to investors and industry participants looking to be on the pulse of local market conditions throughout the United States. Its valuation tools and educational materials provide users with real-time access to the vital information needed to make educated real estate decisions.