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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in South Lyon, MI
$ 220,000
ROI
23.6
Cash Flow/m
233- 2 Bed
- 2 Bath
- 1618 sft
320 Hampton Ct, South Lyon, MI, 48178
Airbnb Potential
$ 239,900
ROI
24.8Cash Flow/m
333- 3 Bed
- 2 Bath
- 1218 sft
220 Oakbrooke Dr Unit 3, South Lyon, MI, 48178
$ 249,900
ROI
22.0Cash Flow/m
153- 2 Bed
- 2 Bath
- 1840 sft
12132 Lexington Dr #2, South Lyon, MI, 48178
$ 229,900
ROI
21.0Cash Flow/m
83- 2 Bed
- 2 Bath
- 1810 sft
9780 Cambridge Ct Unit 3, South Lyon, MI, 48178
Why Invest in South Lyon, Michigan?
Investing in condos in South Lyon, MI offers a balanced opportunity for real estate investors seeking suburban growth combined with strong rental demand. The local condo market shows an average ROI of 7%, supported by a rental yield of 6%. With cap rates near 5.5% and average cash flow positive opportunities, this location appeals to those targeting stable appreciations and renter-occupied units exceeding 60%. Economic and demographic trends position South Lyon as a promising area for condo investments with increasing rental demand and solid income metrics.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$800/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in South Lyon is about 6%, reflecting steady rental demand in the area.
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