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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in South Lyon, MI
Listed for sale 5 days ago
$ 156,000
ROI
31.1
Cash Flow/m
494- 2 Bed
- 2 Bath
- 1900 sft
61958 Ticonderoga Dr, South Lyon, MI, 48178
$ 110,000
ROI
39.1Cash Flow/m
592- 3 Bed
- 2 Bath
- 1568 sft
11766 Cedarbrook Dr, South Lyon, MI, 48178
$ 119,900
ROI
23.9Cash Flow/m
138- 3 Bed
- 2 Bath
- 1568 sft
11015 Quail Run Ct, South Lyon, MI, 48178
$ 149,900
ROI
23.4Cash Flow/m
150- 3 Bed
- 2 Bath
- 1680 sft
11112 Hickory Tree Ct, South Lyon, MI, 48178
Why Invest in South Lyon, Michigan?
Investing in South Lyon, MI, especially properties under $200K, offers a balanced entry point into a growing local market. This area shows a steady avg ROI of 7%, attractive cap rates near 6%, and an average rental yield of 8%. Investors can also benefit from an avg cash flow of $300 per month and a consistent appreciation rate of 3%. The city's renter-occupied rate stands at 35%, indicating a healthy rental market driven by local demand.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Most properties under $200K in South Lyon include single-family homes and some condominiums, suitable for rental investments or first-time buyers. These properties offer good cash flow potential in a stable rental market.
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