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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Lexington, MI
Fix & Flip
$ 299,000
ROI
20.0
Cash Flow/m
22- 2 Bed
- 2 Bath
- 1550 sft
5418 Babcock Rd, Lexington, MI, 48450
$ 195,000
ROI
21.6Cash Flow/m
102- 2 Bed
- 2 Bath
- 1142 sft
5786 Main St APT 1, Lexington, MI, 48450
$ 190,000
ROI
22.1Cash Flow/m
123- 2 Bed
- 2 Bath
- 1142 sft
5782 Main St #1, Lexington, MI, 48450
$ 199,500
ROI
23.5Cash Flow/m
205- 2 Bed
- 2 Bath
- 1296 sft
5798 Main St APT 1, Lexington, MI, 48450
Why Invest in Lexington, Michigan?
Investing in condos in Lexington, MI offers a unique opportunity to tap into a stable rental market with a solid rental yield of 6.2%. The average ROI here is about 8.5%, reflecting healthy appreciation trends and favorable cap rates near 5%. With average monthly rents around $950 and positive cash flow margins, condos attract a growing renter base of nearly 60%. Market dynamics supported by local economic growth and demographic trends make Lexington condos a smart addition to any portfolio.
8.5%
Avg. ROI
6.2%
Rental Yield
5%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Lexington, MI is around 6.2%, reflecting a strong rental market with steady demand.
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