Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family 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 single-family properties in Lennon, MI offers a balanced opportunity for steady rental income and potential appreciation. Demand for single-family rentals is supported by a rental yield averaging around 7%, with cap rates near 6%, indicating a healthy market for real estate investors. The average ROI of approximately 8.5% highlights attractive returns, while an average monthly rent of $900 and cash flow nearing $300 provide stable income streams. Renter occupancy remains strong, reflecting steady tenant demand in Lennon.
8.5%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Lennon is approximately 7%, making it a promising location for rental investment.
Find Your Perfect Investment Property in Lennon, Michigan
Explore investment opportunities by strategy, performance, or property type
