Real Estate Investment Properties for Sale in South Lyon, MI

Looking for investment property in South Lyon, MI with high ROI ?

Explore a variety of short-term homes & houses in South Lyon, MI. Invest wisely with VRBO & South Lyon, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in South Lyon, MI

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
62401 Raleigh Court #1 South Lyon, MI Beautifully Updated Ranch co-op end Unit with Pond View. Welcome to this beautifully maint...	2 beds \| 2 baths \| 900 sq.ft.	$175,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 4.38% Airbnb Rental Income: $1450 Traditional Rental Income: $1548 Airbnb ROI: 1.21% Traditional ROI: 4.38%
61101 Greenwood Drive South Lyon, MI Welcome home to this beautifully updated condo featuring a neutral palette and soaring vau...	2 beds \| 2 baths \| 1,141 sq.ft.	$179,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 4.73% Airbnb Rental Income: $1450 Traditional Rental Income: $1704 Airbnb ROI: 0.74% Traditional ROI: 4.73%
25447 Concord Lane #3 South Lyon, MI Welcome to Colonial Acres -where comfort, convenience and community come together in one o...	2 beds \| 2 baths \| 900 sq.ft.	$144,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 3.85% Airbnb Rental Income: $1450 Traditional Rental Income: $1344 Airbnb ROI: 1.5% Traditional ROI: 3.85%
61035 11 Mile Road #1 South Lyon, MI Pleasantly updated end unit with lots of windows to bring in the extra light. This is the ...	1 beds \| 1 baths \| 760 sq.ft.	$84,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.78% Airbnb Rental Income: $null Traditional Rental Income: $1170 Airbnb ROI: N/A Traditional ROI: 2.78%
1090 Polo Drive South Lyon, MI Welcome to this beautiful and inviting home in the highly desirable Trotters Pointe subdiv...	4 beds \| 3 baths \| 2,697 sq.ft.	$550,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.4% Airbnb Rental Income: $2626 Traditional Rental Income: $2793 Airbnb ROI: 0.86% Traditional ROI: 2.4%
62512 Raleigh Court #4 South Lyon, MI Welcome home to this beautiful and meticulously maintained 55+ co-op condo in the best par...	2 beds \| 2 baths \| 900 sq.ft.	$152,500	Airbnb cash on cash: 1.49% Traditional cash on cash: 4.51% Airbnb Rental Income: $1450 Traditional Rental Income: $1460 Airbnb ROI: 1.49% Traditional ROI: 4.51%
1065 Equestrian Drive South Lyon, MI Welcome to this well-appointed Colonial, beautifully refreshed with modern updates and sty...	4 beds \| 3 baths \| 2,413 sq.ft.	$499,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 3.26% Airbnb Rental Income: $2626 Traditional Rental Income: $2883 Airbnb ROI: 1.37% Traditional ROI: 3.26%
61119 Heritage Boulevard #3 South Lyon, MI The BENEFIT of this property... amazing details follow... The BENEFIT of this condo in Sou...	2 beds \| 2 baths \| 1,380 sq.ft.	$109,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 7.43% Airbnb Rental Income: $1450 Traditional Rental Income: $1795 Airbnb ROI: 0.09% Traditional ROI: 7.43%
25348 Franklin Terrace South Lyon, MI This 55+ co-op community offers comfortable, low-maintenance living in this fresh and clea...	1 beds \| 2 baths \| 720 sq.ft.	$110,000	Airbnb cash on cash: N/A Traditional cash on cash: 4% Airbnb Rental Income: $null Traditional Rental Income: $1301 Airbnb ROI: N/A Traditional ROI: 4%
26718 Starters Way South Lyon, MI Welcome to Sterling Trail, Lyon Township's newest community! Great location on Pontiac Tra...	4 beds \| 3 baths \| 2,942 sq.ft.	$716,450	Airbnb cash on cash: 0.13% Traditional cash on cash: 1.89% Airbnb Rental Income: $2626 Traditional Rental Income: $3173 Airbnb ROI: 0.13% Traditional ROI: 1.89%
25104 Hamilton Court #4 South Lyon, MI 55+ Community 2 Bedroom 2 Full Baths, Open Floor Plan, Kitchen with skylight all appliance...	2 beds \| 2 baths \| 900 sq.ft.	$129,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 4.05% Airbnb Rental Income: $1450 Traditional Rental Income: $1431 Airbnb ROI: 0.75% Traditional ROI: 4.05%
29995 Madison Lane #40 South Lyon, MI Fabulous New Townhome! Open floor plan, flex room on main level. 2 car attached garage. Ap...	2 beds \| 3 baths \| 1,618 sq.ft.	$342,930	Airbnb cash on cash: 0.8% Traditional cash on cash: 6.86% Airbnb Rental Income: $1450 Traditional Rental Income: $2974 Airbnb ROI: 0.8% Traditional ROI: 6.86%
61011 Greenwood Drive South Lyon, MI Come see this great condo located right in the heart of South Lyon. Neat clean and move in...	2 beds \| 2 baths \| 1,139 sq.ft.	$195,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 5.42% Airbnb Rental Income: $1450 Traditional Rental Income: $1867 Airbnb ROI: 0.84% Traditional ROI: 5.42%
28776 Danvers Court South Lyon, MI Public Open House: Saturday 11/08/25 12:00 Noon - 3:00 PM A Great way to get into South Li...	3 beds \| 2 baths \| 1,650 sq.ft.	$339,000	Airbnb cash on cash: 2.36% Traditional cash on cash: 4.95% Airbnb Rental Income: $1984 Traditional Rental Income: $2291 Airbnb ROI: 2.36% Traditional ROI: 4.95%
359 Amelia Circle South Lyon, MI BRAND NEW CONSTRUCTION, Fully Landscaped with Immediate Occupancy! A stunning craftsman-st...	4 beds \| 3 baths \| 2,762 sq.ft.	$649,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 3.35% Airbnb Rental Income: $2626 Traditional Rental Income: $3248 Airbnb ROI: 1.29% Traditional ROI: 3.35%
61009 Greenwood Drive #183 South Lyon, MI Welcome to this beautifully updated ranch-style condo offering just under 1,100 sq. ft. of...	2 beds \| 2 baths \| 1,085 sq.ft.	$184,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 5.07% Airbnb Rental Income: $1450 Traditional Rental Income: $1798 Airbnb ROI: 0.64% Traditional ROI: 5.07%
61958 Ticonderoga Drive South Lyon, MI 61958-3 Ticonderoga South Lyon MI. Nice 2 Bedroom 2 Full Bath Condo 55 New front porch in ...	2 beds \| 2 baths \| 1,100 sq.ft.	$156,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 4.97% Airbnb Rental Income: $1450 Traditional Rental Income: $1652 Airbnb ROI: 0.72% Traditional ROI: 4.97%
61137 Greenwood Drive South Lyon, MI Welcome Home! Don't miss this inviting 2-bedroom, 2-bath condo perfectly situated within t...	2 beds \| 2 baths \| 1,085 sq.ft.	$169,900	Airbnb cash on cash: 1.02% Traditional cash on cash: 4.9% Airbnb Rental Income: $1450 Traditional Rental Income: $1648 Airbnb ROI: 1.02% Traditional ROI: 4.9%
61051 Greenwood Drive South Lyon, MI Prime location in South Lyon! This well maintained 2 bedroom, 2 bath ranch condo offers co...	2 beds \| 2 baths \| 1,085 sq.ft.	$184,900	Airbnb cash on cash: 0.96% Traditional cash on cash: 5.36% Airbnb Rental Income: $1450 Traditional Rental Income: $1793 Airbnb ROI: 0.96% Traditional ROI: 5.36%
25124 Potomac #7 South Lyon, MI Affordable living in the ever-popular Colonial Acres Co-Op 55 and older community. Great l...	1 beds \| 2 baths \| 750 sq.ft.	$74,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.09% Airbnb Rental Income: $null Traditional Rental Income: $1343 Airbnb ROI: N/A Traditional ROI: 6.09%
62072 Yorktown - #4 South Lyon, MI Bright 2-Bed, 2-Bath Condo with Finished Basement & Amenities. This inviting 900 sq.ft. co...	2 beds \| 2 baths \| 900 sq.ft.	$149,400	Airbnb cash on cash: 1.65% Traditional cash on cash: 5.76% Airbnb Rental Income: $1450 Traditional Rental Income: $1606 Airbnb ROI: 1.65% Traditional ROI: 5.76%
439 N Reese Street South Lyon, MI Discover the charm of this 1930 Colonial Farmhouse with a modern twist, ideally situated o...	4 beds \| 2 baths \| 2,072 sq.ft.	$355,000	Airbnb cash on cash: 2.96% Traditional cash on cash: 4.46% Airbnb Rental Income: $2626 Traditional Rental Income: $2502 Airbnb ROI: 2.96% Traditional ROI: 4.46%
27434 Hidden Trail South Lyon, MI	2 beds \| 3 baths \| 2,008 sq.ft.	$763,495	Airbnb cash on cash: -0.66% Traditional cash on cash: 2.38% Airbnb Rental Income: $1450 Traditional Rental Income: $3184 Airbnb ROI: -0.66% Traditional ROI: 2.38%
25325 Potomac Drive #3 South Lyon, MI Community for folks 55+* 2 bedrooms 2 full bathsCovered Porch White kitchen cabinets* Ne...	2 beds \| 2 baths \| 800 sq.ft.	$87,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 5.6% Airbnb Rental Income: $1450 Traditional Rental Income: $1385 Airbnb ROI: 1.31% Traditional ROI: 5.6%
25235 Franklin Terrace Road #8 South Lyon, MI End unit in great location with extra windows for lots of natural light*Large walk-in clos...	1 beds \| 2 baths \| 850 sq.ft.	$123,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.95% Airbnb Rental Income: $null Traditional Rental Income: $1348 Airbnb ROI: N/A Traditional ROI: 3.95%
61315 Heritage Boulevard #4 South Lyon, MI Move in condition colonial style townhome is set on one the finest homesites within the de...	2 beds \| 2 baths \| 1,080 sq.ft.	$119,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 7.29% Airbnb Rental Income: $1450 Traditional Rental Income: $1796 Airbnb ROI: 0.53% Traditional ROI: 7.29%
1082 Paddock Drive South Lyon, MI Open concept home featuring a first-floor primary suite and a layout designed for comforta...	2 beds \| 3 baths \| 1,945 sq.ft.	$399,000	Airbnb cash on cash: -1.32% Traditional cash on cash: 3.37% Airbnb Rental Income: $1450 Traditional Rental Income: $2776 Airbnb ROI: -1.32% Traditional ROI: 3.37%
26631 Triple Crown Court South Lyon, MI Welcome to Sterling Trail, Lyon Township's newest community! This home is not built yet--c...	3 beds \| 3 baths \| 2,287 sq.ft.	$597,990	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.3% Airbnb Rental Income: $1984 Traditional Rental Income: $2920 Airbnb ROI: -0.3% Traditional ROI: 2.3%
26684 Starters Way South Lyon, MI Welcome to Sterling Trail, Lyon Township's newest community! Great location on Pontiac Tra...	4 beds \| 3 baths \| 2,479 sq.ft.	$579,990	Airbnb cash on cash: 0.75% Traditional cash on cash: 3.25% Airbnb Rental Income: $2626 Traditional Rental Income: $3350 Airbnb ROI: 0.75% Traditional ROI: 3.25%
26608 Triple Crown Drive South Lyon, MI Welcome to Sterling Trail, Lyon Township's newest community! Great location on Pontiac Tra...	4 beds \| 3 baths \| 3,172 sq.ft.	$639,990	Airbnb cash on cash: 0.45% Traditional cash on cash: 2.38% Airbnb Rental Income: $2626 Traditional Rental Income: $3156 Airbnb ROI: 0.45% Traditional ROI: 2.38%
21445 N Dixboro Road South Lyon, MI The BENEFIT of this New Construction home, see expanded comments for more details... The B...	3 beds \| 3 baths \| 1,617 sq.ft.	$599,900	Airbnb cash on cash: 0.62% Traditional cash on cash: 2.59% Airbnb Rental Income: $1984 Traditional Rental Income: $2567 Airbnb ROI: 0.62% Traditional ROI: 2.59%
25140 Potomac Drive #3 South Lyon, MI Price improvement and motivated seller! Welcome home to this charming condo in a desirable...	2 beds \| 2 baths \| 1,149 sq.ft.	$110,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 5.36% Airbnb Rental Income: $1450 Traditional Rental Income: $1563 Airbnb ROI: 0.25% Traditional ROI: 5.36%
138 Princeton Drive South Lyon, MI Welcome to this charming Princeton Square condo, ideally situated near downtown South Lyon...	2 beds \| 1 baths \| 655 sq.ft.	$120,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 1.87% Airbnb Rental Income: $1450 Traditional Rental Income: $1079 Airbnb ROI: 1.35% Traditional ROI: 1.87%
245 Brookwood Drive #16 South Lyon, MI Welcome to Brookwood Village Condominiums - where convenience meets resort style living. T...	2 beds \| 2 baths \| 1,045 sq.ft.	$173,900	Airbnb cash on cash: 2.27% Traditional cash on cash: 5.89% Airbnb Rental Income: $1450 Traditional Rental Income: $1620 Airbnb ROI: 2.27% Traditional ROI: 5.89%
62072 York town Drive #1 South Lyon, MI 55+ Community Offers End Unit 2 Bedrooms 2 Full Baths, Central Air, Kitchen with all appli...	2 beds \| 2 baths \| 900 sq.ft.	$164,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 2.65% Airbnb Rental Income: $1450 Traditional Rental Income: $1375 Airbnb ROI: 0.39% Traditional ROI: 2.65%
543 McMunn Street South Lyon, MI Located in the heart of downtown South Lyon on a quiet, well-maintained street, this charm...	3 beds \| 2 baths \| 1,004 sq.ft.	$330,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 2.76% Airbnb Rental Income: $1984 Traditional Rental Income: $1714 Airbnb ROI: 1.95% Traditional ROI: 2.76%
61035 11 Mile Road South Lyon, MI Home Sweet Home! cozy 55 and over community. Ranch 2 bedroom, 1 bath with a carport move i...	2 beds \| 1 baths \| 688 sq.ft.	$97,900	Airbnb cash on cash: 2.37% Traditional cash on cash: 3.56% Airbnb Rental Income: $1450 Traditional Rental Income: $1133 Airbnb ROI: 2.37% Traditional ROI: 3.56%
466 Lyon Boulevard South Lyon, MI Located just minutes from vibrant downtown South Lyon-with its charming shops, restaurants...	4 beds \| 1 baths \| 1,144 sq.ft.	$279,900	Airbnb cash on cash: 5.06% Traditional cash on cash: 3.66% Airbnb Rental Income: $2626 Traditional Rental Income: $1629 Airbnb ROI: 5.06% Traditional ROI: 3.66%

Real Estate investment in South-lyon, MI

There are 84 properties for sale in the city of South Lyon . The median list price in South Lyon is $207,500 and the average price per square foot is $135. In April 2026, the average monthly cash on cash return in South Lyon is 4.00%. The average monthly rental income in South Lyon is $1,796.

South-lyon, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 84 investment properties available for sale in South-lyon.

In 2026, the best neighborhood to buy investment property is South Lyon.

The ROI for Long-Term is higher than the Short-Term in South-lyon with average rental income of $1,796.

Your search for investment property begins and ends here

Investment Property for Sale in South Lyon, MI

62401 Raleigh Court #1

South Lyon, MI

2 beds | 2 baths | 900 sq.ft.

$175,000

Airbnb cash on cash: 1.21%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $1450

Traditional Rental Income: $1548

Airbnb ROI: 1.21%

Traditional ROI: 4.38%

61101 Greenwood Drive

South Lyon, MI

2 beds | 2 baths | 1,141 sq.ft.

$179,900

Airbnb cash on cash: 0.74%

Traditional cash on cash: 4.73%

Airbnb Rental Income: $1450

Traditional Rental Income: $1704

Airbnb ROI: 0.74%

Traditional ROI: 4.73%

25447 Concord Lane #3

South Lyon, MI

2 beds | 2 baths | 900 sq.ft.

$144,000

Airbnb cash on cash: 1.5%

Traditional cash on cash: 3.85%

Airbnb Rental Income: $1450

Traditional Rental Income: $1344

Airbnb ROI: 1.5%

Traditional ROI: 3.85%

61035 11 Mile Road #1

South Lyon, MI

1 beds | 1 baths | 760 sq.ft.

$84,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.78%

Airbnb Rental Income: $null

Traditional Rental Income: $1170

Airbnb ROI: N/A

Traditional ROI: 2.78%

1090 Polo Drive

South Lyon, MI

4 beds | 3 baths | 2,697 sq.ft.

$550,000

Airbnb cash on cash: 0.86%

Traditional cash on cash: 2.4%

Airbnb Rental Income: $2626

Traditional Rental Income: $2793

Airbnb ROI: 0.86%

Traditional ROI: 2.4%

62512 Raleigh Court #4

South Lyon, MI

2 beds | 2 baths | 900 sq.ft.

$152,500

Airbnb cash on cash: 1.49%

Traditional cash on cash: 4.51%

Airbnb Rental Income: $1450

Traditional Rental Income: $1460

Airbnb ROI: 1.49%

Traditional ROI: 4.51%

1065 Equestrian Drive

South Lyon, MI

4 beds | 3 baths | 2,413 sq.ft.

$499,000

Airbnb cash on cash: 1.37%

Traditional cash on cash: 3.26%

Airbnb Rental Income: $2626

Traditional Rental Income: $2883

Airbnb ROI: 1.37%

Traditional ROI: 3.26%

61119 Heritage Boulevard #3

South Lyon, MI

2 beds | 2 baths | 1,380 sq.ft.

$109,000

Airbnb cash on cash: 0.09%

Traditional cash on cash: 7.43%

Airbnb Rental Income: $1450

Traditional Rental Income: $1795

Airbnb ROI: 0.09%