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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Lennon, MI
$ 150,000
ROI
23.7
Cash Flow/m
164- 2 Bed
- 2 Bath
- 1300 sft
9791 Cronk Rd, Lennon, MI, 48449
$ 199,900
ROI
28.8Cash Flow/m
502- 3 Bed
- 1 Bath
- 1064 sft
899 Oak St, Lennon, MI, 48449
$ 280,000
ROI
20.7Cash Flow/m
77- 4 Bed
- 3 Bath
- 2200 sft
1387 S Byron Rd, Lennon, MI, 48449
$ 150,000
ROI
24.8Cash Flow/m
212- 3 Bed
- 2 Bath
- 1360 sft
11647 E Lennon Rd, Lennon, MI, 48449
Why Invest in Lennon, Michigan?
Investing in high rental yield properties in Lennon, MI offers strong cash flow potential with an average rental yield of 8.2%. The city benefits from a solid average ROI of 7.5% and a cap rate near 6.0%, attracting investors seeking stable income streams. Lennon’s affordable average rent of $950 allows for competitive rental pricing, while renter-occupied units make up approximately 53%. Appreciation rates of 3% annually suggest steady value growth in this market segment.
7.5%
Avg. ROI
8.2%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Lennon, MI for high rental yield properties is approximately 8.2%, offering strong cash flow potential for investors.
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