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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Lexington, MI
$ 199,500
ROI
23.5
Cash Flow/m
205- 2 Bed
- 2 Bath
- 1296 sft
5798 Main St APT 1, Lexington, MI, 48450
$ 165,000
ROI
26.2Cash Flow/m
298- 3 Bed
- 2 Bath
- 1296 sft
6103 Lakeshore Rd #54, Lexington, MI, 48450
$ 250,000
ROI
27.0Cash Flow/m
506- 3 Bed
- 2 Bath
- 800 sft
6103 Lakeshore Rd #122, Lexington, MI, 48450
$ 325,000
ROI
31.7Cash Flow/m
1080- 2 Bed
- 3 Bath
- 2749 sft
5394 Babcock Rd, 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.
Find Your Perfect Investment Property in Lexington, Michigan
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