Just north of downtown Detroit we find the quaint metro Detroit city of Ferndale in Oakland County Michigan. This metropolitan city offers quick access to the downtown Detroit area and for this reason is an excellent place for investors to purchase lease and rental or investment properties. As the economy begins its slow and steady rise we find the area home values going up little by little. The wonderful city of Ferndale offers ample real estate investment opportunities to the seasoned veteran and novice property investors alike. From apartment homes and condos to single family homes there is potential for all prospective real estate investors here in Ferndale. While lease and rental properties can be a very rewarding investment, the day to day tasks of property management are truly no picnic.
Ferndale is a great spot for doing everything from dining to shopping to bar-hopping to opening up a business, in fact, there are over 350 businesses located in Ferndale with many of them being independently-owned. Located at the edge of Detroit, you’ll only be about 20 minutes from the heart of downtown where you can attend a Tigers or Lions game, catch a concert or just take in a unique restaurant before enjoying the River Walk. To the north is Royal Oak which offers plenty of fun for both the family and those looking for a fun night out. On both Woodward Avenue and Main Street, you can enjoy boutique stores, restaurants and entertainment with two movie theaters as well as the Detroit Zoo.
Ferndale is a diverse community which hosts many events all year long including a portion of the Woodward Dream Cruise, Holiday Ice Festival and street fairs. Ferndale offers 6 main roads with bike lanes and is also very walkable making it very street safe and community-friendly. When you live in Ferndale, you’ll be residing in a very safe area that’s welcoming to everyone from all walks of life making it a very friendly metro Detroit suburb to call home.
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