High Rental Yield Investment Properties for Sale in Lennon, MI
$ 105,000
ROI
23.8
Cash Flow/m
117- 2 Bed
- 2 Bath
- 1200 sft
11700 Park Dr, Lennon, MI, 48449
$ 285,000
ROI
29.6Cash Flow/m
777- 4 Bed
- 2 Bath
- 1852 sft
2292 S Duffield Rd, Lennon, MI, 48449
$ 169,900
ROI
23.5Cash Flow/m
178- 3 Bed
- 1 Bath
- 1092 sft
12463 W Lennon Rd, Lennon, MI, 48449
$ 209,900
ROI
20.1Cash Flow/m
22- 3 Bed
- 2 Bath
- 1300 sft
9571 Wilkinson 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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