Fix And Flip Investment Properties for Sale in Lexington, MI
245- 4 Bed
- 2 Bath
- 1660 sft
19- 3 Bed
- 2 Bath
- 1416 sft
22- 2 Bed
- 2 Bath
- 1550 sft
139- 3 Bed
- 1 Bath
- 964 sft
116- 3 Bed
- 1 Bath
- 854 sft
102- 2 Bed
- 1 Bath
- 1042 sft
- 3 Bed
- 2 Bath
- 1400 sft
849- 3 Bed
- 2 Bath
- 1380 sft
- 1 Bed
- 1 Bath
- 621 sft
901- 3 Bed
- 2 Bath
- 1216 sft
751- 2 Bed
- 1 Bath
- 1132 sft
638- 3 Bed
- 1 Bath
- 1320 sft
96- 5 Bed
- 2 Bath
- 2300 sft
135- - Bed
- 1 Bath
- 628 sft
129- 2 Bed
- 1 Bath
- 820 sft
119- 1 Bed
- 1 Bath
- 780 sft
110- 1 Bed
- 1 Bath
- 360 sft
471- 5 Bed
- 2 Bath
- 1926 sft
106- 3 Bed
- 1 Bath
- 1278 sft
753- 3 Bed
- 2 Bath
- 737 sft
808- 3 Bed
- 2 Bath
- 2185 sft
93- 2 Bed
- 1 Bath
- 867 sft
111- 2 Bed
- 1 Bath
- 940 sft
93- 5 Bed
- 1 Bath
- 1466 sft
646- 5 Bed
- 2 Bath
- 988 sft
93- 4 Bed
- 2 Bath
- 1680 sft
136- 3 Bed
- 1 Bath
- 887 sft
Why Invest in Lexington, Michigan?
Investing in fix and flip properties in Lexington, MI offers an opportunity to capitalize on a stable real estate market with a growing demand for renovated homes. The average ROI remains attractive at around 12%, supported by a rental yield of approximately 7%. Cap rates in Lexington hover near 6%, while the average cash flow per property is positive, driven by increasing local rents averaging $950 per month. Property appreciation in this area is steady, at about 3% annually, with a renter-occupied rate of 38%, reflecting a balanced owner-to-renter demographic mix.
Frequently Asked Questions
The average ROI for fix and flip properties in Lexington is around 12%, reflecting a healthy market with potential for profitable renovations.
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