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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
10948 Bouldercrest Drive South Lyon, MI Homes this exquisite do not come on the market often! You will find 2948 square feet of li...	4 beds \| 3 baths \| 2,948 sq.ft.	$599,999	Airbnb cash on cash: 1.51% Traditional cash on cash: 3.28% Airbnb Rental Income: $3045 Traditional Rental Income: $3339 Airbnb ROI: 1.51% Traditional ROI: 3.28%
204 Princeton Drive South Lyon, MI Luxury Living in Downtown South Lyon - Looking for a Fully Remodeled Condo that's NOT a ...	2 beds \| 1 baths \| 746 sq.ft.	$120,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 3.87% Airbnb Rental Income: $1416 Traditional Rental Income: $1256 Airbnb ROI: 1.58% Traditional ROI: 3.87%
826 Kestrel Court South Lyon, MI Welcome to this beautifully maintained newer ranch situated in a growing, sought-after com...	3 beds \| 3 baths \| 1,546 sq.ft.	$500,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 2.56% Airbnb Rental Income: $1925 Traditional Rental Income: $2446 Airbnb ROI: 0.36% Traditional ROI: 2.56%
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: 0.57% Traditional cash on cash: 4.73% Airbnb Rental Income: $1416 Traditional Rental Income: $1704 Airbnb ROI: 0.57% Traditional ROI: 4.73%
931 S Parkwood Drive South Lyon, MI UPDATE! Multiple Offers Received. Open House Sunday 5/24 canceled. Welcome home to this we...	3 beds \| 3 baths \| 1,473 sq.ft.	$384,900	Airbnb cash on cash: 1.09% Traditional cash on cash: 4.35% Airbnb Rental Income: $1925 Traditional Rental Income: $2592 Airbnb ROI: 1.09% Traditional ROI: 4.35%
23656 Millwood South Lyon, MI Beautiful, well maintained, brick ranch on a premium wooded lot in Stoneleigh! 4 bedrooms,...	4 beds \| 3 baths \| 2,874 sq.ft.	$774,900	Airbnb cash on cash: 0.79% Traditional cash on cash: 1.79% Airbnb Rental Income: $3045 Traditional Rental Income: $3071 Airbnb ROI: 0.79% Traditional ROI: 1.79%
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.	$79,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.01% Airbnb Rental Income: $null Traditional Rental Income: $1170 Airbnb ROI: N/A Traditional ROI: 3.01%
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: 1.3% Traditional cash on cash: 4.51% Airbnb Rental Income: $1416 Traditional Rental Income: $1460 Airbnb ROI: 1.3% Traditional ROI: 4.51%
59371 Peters Barn Drive South Lyon, MI Popular Pinehurst subdivision offers this spacious 5 bedroom, 3 full baths (one bedroom an...	5 beds \| 3 baths \| 3,230 sq.ft.	$669,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.66% Airbnb Rental Income: $null Traditional Rental Income: $2558 Airbnb ROI: N/A Traditional ROI: 1.66%
307 University Avenue South Lyon, MI Welcome home to this beautifully updated 3-bedroom ranch, offering comfort, style, and con...	3 beds \| 1 baths \| 900 sq.ft.	$289,900	Airbnb cash on cash: 2.33% Traditional cash on cash: 2.24% Airbnb Rental Income: $1925 Traditional Rental Income: $1391 Airbnb ROI: 2.33% Traditional ROI: 2.24%
25176 Potomac Drive #2 South Lyon, MI Welcome home to this charming condo in the desirable 55+ Colonial Acres community! Offerin...	3 beds \| 1 baths \| 1,433 sq.ft.	$109,900	Airbnb cash on cash: 4.77% Traditional cash on cash: 4.11% Airbnb Rental Income: $1925 Traditional Rental Income: $1345 Airbnb ROI: 4.77% Traditional ROI: 4.11%
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: -0.18% Traditional cash on cash: 7.43% Airbnb Rental Income: $1416 Traditional Rental Income: $1795 Airbnb ROI: -0.18% Traditional ROI: 7.43%
25866 HICKORY CREEK Lane South Lyon, MI This beautiful new "Charleston" at Hickory Creek is already sold, but we'd love to build y...	5 beds \| 5 baths \| 5,201 sq.ft.	$1,056,096	Airbnb cash on cash: N/A Traditional cash on cash: 1.66% Airbnb Rental Income: $null Traditional Rental Income: $2948 Airbnb ROI: N/A Traditional ROI: 1.66%
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.	$99,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.53% Airbnb Rental Income: $null Traditional Rental Income: $1301 Airbnb ROI: N/A Traditional ROI: 4.53%
543 Woodland Drive South Lyon, MI Charming tri-level home located in the heart of South Lyon, just a short bike ride from do...	3 beds \| 2 baths \| 1,899 sq.ft.	$380,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 5.07% Airbnb Rental Income: $1925 Traditional Rental Income: $2442 Airbnb ROI: 2.19% Traditional ROI: 5.07%
54366 Royal Troon Drive South Lyon, MI Enjoy golf community living in this beautifully updated Tanglewood Cape Cod. The first flo...	4 beds \| 3 baths \| 2,657 sq.ft.	$685,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 2.61% Airbnb Rental Income: $3045 Traditional Rental Income: $2962 Airbnb ROI: 1.65% Traditional ROI: 2.61%
25104 Hamilton Court #4 South Lyon, MI Great Opportunity to live in Colonial Acres ! 55+ Community Is exacty what you are looking...	2 beds \| 2 baths \| 900 sq.ft.	$129,900	Airbnb cash on cash: 0.53% Traditional cash on cash: 4.05% Airbnb Rental Income: $1416 Traditional Rental Income: $1431 Airbnb ROI: 0.53% Traditional ROI: 4.05%
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.	$183,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 5.83% Airbnb Rental Income: $1416 Traditional Rental Income: $1867 Airbnb ROI: 0.8% Traditional ROI: 5.83%
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.	$639,900	Airbnb cash on cash: 1.91% Traditional cash on cash: 3.42% Airbnb Rental Income: $3045 Traditional Rental Income: $3248 Airbnb ROI: 1.91% Traditional ROI: 3.42%
0000 7 Mile Seven Mile Rd South Lyon, MI To Be Built! Partnered with Cranbrook Custom Homes for building on this vacant lot. Seneca...	4 beds \| 4 baths \| 4,561 sq.ft.	$1,975,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 1.09% Airbnb Rental Income: $3045 Traditional Rental Income: $3969 Airbnb ROI: 0.2% Traditional ROI: 1.09%
22622 Pine Drive South Lyon, MI Rare opportunity to build your dream home on nearly an acre in one of South Lyon's most so...	3 beds \| 2 baths \| 1,560 sq.ft.	$589,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 2.91% Airbnb Rental Income: $1925 Traditional Rental Income: $2395 Airbnb ROI: 1.12% Traditional ROI: 2.91%
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: 0.53% Traditional cash on cash: 4.97% Airbnb Rental Income: $1416 Traditional Rental Income: $1652 Airbnb ROI: 0.53% Traditional ROI: 4.97%
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.	$179,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 5.53% Airbnb Rental Income: $1416 Traditional Rental Income: $1793 Airbnb ROI: 0.85% Traditional ROI: 5.53%
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.	$140,000	Airbnb cash on cash: 1.61% Traditional cash on cash: 6.19% Airbnb Rental Income: $1416 Traditional Rental Income: $1606 Airbnb ROI: 1.61% Traditional ROI: 6.19%
22700 Griswold Road South Lyon, MI Opportunity is knocking!!! Ranch home with some salvageable out buildings and horse pastur...	3 beds \| 2 baths \| 1,000 sq.ft.	$660,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 1.15% Airbnb Rental Income: $1925 Traditional Rental Income: $1774 Airbnb ROI: 0.57% Traditional ROI: 1.15%
1111 Twelve Mile Road South Lyon, MI To be built custom ranch home by Hadley Homes on over 6 acres! Please contact Mark Sweet a...	3 beds \| 3 baths \| 2,020 sq.ft.	$779,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 2.78% Airbnb Rental Income: $1925 Traditional Rental Income: $2947 Airbnb ROI: 0.67% Traditional ROI: 2.78%
27434 Hidden Trail South Lyon, MI	2 beds \| 3 baths \| 2,008 sq.ft.	$763,495	Airbnb cash on cash: -0.7% Traditional cash on cash: 2.38% Airbnb Rental Income: $1416 Traditional Rental Income: $3184 Airbnb ROI: -0.7% Traditional ROI: 2.38%
57762 Belfield Court South Lyon, MI This new "Charleston" at Crystal Creek South is already sold, but we'd love to build you o...	4 beds \| 4 baths \| 5,024 sq.ft.	$978,619	Airbnb cash on cash: 1.27% Traditional cash on cash: 2.94% Airbnb Rental Income: $3045 Traditional Rental Income: $3866 Airbnb ROI: 1.27% Traditional ROI: 2.94%
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.	$82,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 5.91% Airbnb Rental Income: $1416 Traditional Rental Income: $1385 Airbnb ROI: 1.07% Traditional ROI: 5.91%
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.	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.11% Airbnb Rental Income: $null Traditional Rental Income: $1348 Airbnb ROI: N/A Traditional ROI: 4.11%
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.	$109,500	Airbnb cash on cash: 0.52% Traditional cash on cash: 8.11% Airbnb Rental Income: $1416 Traditional Rental Income: $1796 Airbnb ROI: 0.52% Traditional ROI: 8.11%
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: -0.39% Traditional cash on cash: 2.3% Airbnb Rental Income: $1925 Traditional Rental Income: $2920 Airbnb ROI: -0.39% 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: 1.4% Traditional cash on cash: 2.63% Airbnb Rental Income: $3045 Traditional Rental Income: $3014 Airbnb ROI: 1.4% Traditional ROI: 2.63%
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: 1.03% Traditional cash on cash: 2.38% Airbnb Rental Income: $3045 Traditional Rental Income: $3156 Airbnb ROI: 1.03% Traditional ROI: 2.38%
61737 Courtland Drive South Lyon, MI This is a To-Be-Built Condominium at Orchard Crossing Villas presented by Michigan's Premi...	3 beds \| 3 baths \| 2,047 sq.ft.	$471,585	Airbnb cash on cash: -0.29% Traditional cash on cash: 3.44% Airbnb Rental Income: $1925 Traditional Rental Income: $3061 Airbnb ROI: -0.29% Traditional ROI: 3.44%
61753 Courtland Drive South Lyon, MI This is a To-Be-Built Condominium at Orchard Crossing Villas presented by Michigan's Premi...	2 beds \| 3 baths \| 2,047 sq.ft.	$469,990	Airbnb cash on cash: -1.24% Traditional cash on cash: 3.38% Airbnb Rental Income: $1416 Traditional Rental Income: $3026 Airbnb ROI: -1.24% Traditional ROI: 3.38%
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: 0.53% Traditional cash on cash: 2.59% Airbnb Rental Income: $1925 Traditional Rental Income: $2567 Airbnb ROI: 0.53% Traditional ROI: 2.59%
58648 Losino Drive South Lyon, MI Beautifully Designed Luxurious home in prime South Lyon location. 2024 Lombardo Homes buil...	4 beds \| 3 baths \| 2,534 sq.ft.	$549,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 2.98% Airbnb Rental Income: $3045 Traditional Rental Income: $3008 Airbnb ROI: 1.69% Traditional ROI: 2.98%
20957 N Dixboro Road South Lyon, MI The BENEFIT of this New Construction home, see expanded comments for more details... The B...	4 beds \| 5 baths \| 2,385 sq.ft.	$999,980	Airbnb cash on cash: 0.63% Traditional cash on cash: 2.42% Airbnb Rental Income: $3045 Traditional Rental Income: $4018 Airbnb ROI: 0.63% Traditional ROI: 2.42%

Real Estate investment in South-lyon, MI

There are 99 properties for sale in the city of South Lyon . The median list price in South Lyon is $309,840 and the average price per square foot is $149. In June 2026, the average monthly cash on cash return in South Lyon is 3.00%. The average monthly rental income in South Lyon is $2,672.

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

There are 99 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 $2,672.

Your search for investment property begins and ends here

Investment Property for Sale in South Lyon, MI

10948 Bouldercrest Drive

South Lyon, MI

4 beds | 3 baths | 2,948 sq.ft.

$599,999

Airbnb cash on cash: 1.51%

Traditional cash on cash: 3.28%

Airbnb Rental Income: $3045

Traditional Rental Income: $3339

Airbnb ROI: 1.51%

Traditional ROI: 3.28%

204 Princeton Drive

South Lyon, MI

2 beds | 1 baths | 746 sq.ft.

$120,000

Airbnb cash on cash: 1.58%

Traditional cash on cash: 3.87%

Airbnb Rental Income: $1416

Traditional Rental Income: $1256

Airbnb ROI: 1.58%

Traditional ROI: 3.87%

826 Kestrel Court

South Lyon, MI

3 beds | 3 baths | 1,546 sq.ft.

$500,000

Airbnb cash on cash: 0.36%

Traditional cash on cash: 2.56%

Airbnb Rental Income: $1925

Traditional Rental Income: $2446

Airbnb ROI: 0.36%

Traditional ROI: 2.56%

61101 Greenwood Drive

South Lyon, MI

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

$179,900

Airbnb cash on cash: 0.57%

Traditional cash on cash: 4.73%

Airbnb Rental Income: $1416

Traditional Rental Income: $1704

Airbnb ROI: 0.57%

Traditional ROI: 4.73%

931 S Parkwood Drive

South Lyon, MI

3 beds | 3 baths | 1,473 sq.ft.

$384,900

Airbnb cash on cash: 1.09%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $1925

Traditional Rental Income: $2592

Airbnb ROI: 1.09%

Traditional ROI: 4.35%

23656 Millwood

South Lyon, MI

4 beds | 3 baths | 2,874 sq.ft.

$774,900

Airbnb cash on cash: 0.79%

Traditional cash on cash: 1.79%

Airbnb Rental Income: $3045

Traditional Rental Income: $3071

Airbnb ROI: 0.79%

Traditional ROI: 1.79%

61035 11 Mile Road #1

South Lyon, MI

1 beds | 1 baths | 760 sq.ft.

$79,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.01%

Airbnb Rental Income: $null

Traditional Rental Income: $1170

Airbnb ROI: N/A

Traditional ROI: 3.01%

62512 Raleigh Court #4

South Lyon, MI

2 beds | 2 baths | 900 sq.ft.

$152,500

Airbnb cash on cash: 1.3%

Traditional cash on cash: 4.51%

Airbnb Rental Income: $1416

Traditional Rental Income: $1460

Airbnb ROI: 1.3%