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
301 Winchester Street South Lyon, MI Come see this wonderfully cared for ranch style home in the heart of South Lyon. Home feat...	3 beds \| 1 baths \| 1,019 sq.ft.	$300,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 2.88% Airbnb Rental Income: $1741 Traditional Rental Income: $1569 Airbnb ROI: 1.79% Traditional ROI: 2.88%
61264 Greenwood Drive South Lyon, MI Charming 2-bedroom, 2-bath condo offering 1,085 sq ft of single-level living, including a ...	2 beds \| 2 baths \| 1,085 sq.ft.	$164,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 4.82% Airbnb Rental Income: $1626 Traditional Rental Income: $1678 Airbnb ROI: 1.54% Traditional ROI: 4.82%
5700 Seven Mile Road South Lyon, MI TO BE BUILT CUSTOM. New Construction on over 22 Acres by local Award Winning Builder Mik...	4 beds \| 5 baths \| 3,250 sq.ft.	$1,689,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.9% Airbnb Rental Income: $null Traditional Rental Income: $4773 Airbnb ROI: N/A Traditional ROI: 1.9%
854 Westbrooke Drive South Lyon, MI Nestled on a cozy cul-de-sac, this charming ranch home with many updates is a little slice...	3 beds \| 3 baths \| 1,477 sq.ft.	$435,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 2.62% Airbnb Rental Income: $1741 Traditional Rental Income: $2195 Airbnb ROI: 0.33% Traditional ROI: 2.62%
1090 Shetland Drive South Lyon, MI WELCOME HOME! This beautifully well maintained 4 bedroom, 2.5 bath home located in the hi...	4 beds \| 3 baths \| 3,304 sq.ft.	$554,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.06% Airbnb Rental Income: $null Traditional Rental Income: $2831 Airbnb ROI: N/A Traditional ROI: 3.06%
24400 Johns Road South Lyon, MI The BENEFIT of this property... fantastic details to follow... STAY TUNED The BENEFIT of t...	5 beds \| 7 baths \| 13,000 sq.ft.	$6,000,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.35% Airbnb Rental Income: $null Traditional Rental Income: $5983 Airbnb ROI: N/A Traditional ROI: -0.35%
667 Allegheny Drive South Lyon, MI IMMEDIATE OCCUPANCY, BRAND NEW CONSTRUCTION AND FULLY LANDSCAPED This Westford floor plan ...	4 beds \| 2 baths \| 2,300 sq.ft.	$559,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.35% Airbnb Rental Income: $null Traditional Rental Income: $2865 Airbnb ROI: N/A Traditional ROI: 3.35%
61119 Heritage Boulevard unit: 3 #3 South Lyon, MI The BENEFIT of this property... amazing details follow... The BENEFIT of this condo in Sou...	2 beds \| N/A baths \| 1,380 sq.ft.	$115,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 7.01% Airbnb Rental Income: $1626 Traditional Rental Income: $1795 Airbnb ROI: 1.35% Traditional ROI: 7.01%
10832 Eagle Cove Drive South Lyon, MI Move in ready with room to make it your own! The big ticket items are already done! This b...	4 beds \| 3 baths \| 2,707 sq.ft.	$474,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.79% Airbnb Rental Income: $null Traditional Rental Income: $3084 Airbnb ROI: N/A Traditional ROI: 4.79%
61021 N Heritage Boulevard #4 South Lyon, MI Welcome to this move-in ready 2 bedroom 2.5 bathroom co-op condo in South Lyon, perfectly ...	2 beds \| 3 baths \| 980 sq.ft.	$90,000	Airbnb cash on cash: 3.79% Traditional cash on cash: 10.58% Airbnb Rental Income: $1626 Traditional Rental Income: $1764 Airbnb ROI: 3.79% Traditional ROI: 10.58%
1082 PADDOCK Drive #78 South Lyon, MI Beautiful Lexington Place detached condo built by Robertson Brothers Homes. This home has ...	2 beds \| 3 baths \| 1,945 sq.ft.	$429,900	Airbnb cash on cash: -0.83% Traditional cash on cash: 3.86% Airbnb Rental Income: $1626 Traditional Rental Income: $3054 Airbnb ROI: -0.83% Traditional ROI: 3.86%
6040 FIELDSTONE Circle South Lyon, MI Welcome to this almost brand-new 4 bedroom, 2.5 bath home built in 2022, offering modern l...	4 beds \| 3 baths \| 2,461 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.54% Airbnb Rental Income: $null Traditional Rental Income: $3395 Airbnb ROI: N/A Traditional ROI: 3.54%
11433 Marshall South Lyon, MI Your Dream Home Awaits in South Lyon! To Be Built by Award-Winning Luxury Builder â Diam...	3 beds \| 3 baths \| 1,750 sq.ft.	$550,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 3.64% Airbnb Rental Income: $1741 Traditional Rental Income: $2670 Airbnb ROI: 0.9% Traditional ROI: 3.64%
12123 Kirby Lane South Lyon, MI Welcome to this stunning year-round lakefront cottage - a modern coastal retreat completel...	2 beds \| 1 baths \| 716 sq.ft.	$379,900	Airbnb cash on cash: 1.83% Traditional cash on cash: 2.41% Airbnb Rental Income: $1626 Traditional Rental Income: $1374 Airbnb ROI: 1.83% Traditional ROI: 2.41%
22649 N Dixboro Road South Lyon, MI Rare Opportunity to own a 40.7-Acre Estate within walking distance to Downtown South Lyon ...	4 beds \| N/A baths \| 3,166 sq.ft.	$869,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.44% Airbnb Rental Income: $null Traditional Rental Income: $3545 Airbnb ROI: N/A Traditional ROI: 2.44%
9920 Cambridge Court South Lyon, MI Fantastic Centennial Farms condo features a wonderful setting backing up to the wetlands o...	2 beds \| 2 baths \| 1,740 sq.ft.	$215,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 5.06% Airbnb Rental Income: $1626 Traditional Rental Income: $2270 Airbnb ROI: -0.36% Traditional ROI: 5.06%
26758 Starters Way South Lyon, MI Welcome to Sterling Trail, Lyon Township's newest community! Great location on Pontiac Tra...	5 beds \| 3 baths \| 3,108 sq.ft.	$649,990	Airbnb cash on cash: N/A Traditional cash on cash: 2.61% Airbnb Rental Income: $null Traditional Rental Income: $3340 Airbnb ROI: N/A Traditional ROI: 2.61%
8655 Buckland Drive South Lyon, MI Please review all remarks. CASH ONLY, NO OTHER TERMS AVAILABLE. At one time, this pole bar...	1 beds \| 2 baths \| 2,220 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.46% Airbnb Rental Income: $null Traditional Rental Income: $2163 Airbnb ROI: N/A Traditional ROI: 4.46%
61612 Empire Road South Lyon, MI Welcome to the Braeburn! With a September completion, this magnificent, spacious, Condomin...	2 beds \| 3 baths \| 2,047 sq.ft.	$529,990	Airbnb cash on cash: -1.03% Traditional cash on cash: 3.24% Airbnb Rental Income: $1626 Traditional Rental Income: $3285 Airbnb ROI: -1.03% Traditional ROI: 3.24%
25104 HAMILTON Court #4 South Lyon, MI 55+ Community 2 BEDROOM 2 FULL BATHS, OPEN FLOOR PLAN. KITCHEN WITH SKY LIGHT ALL APPLIAN...	2 beds \| 2 baths \| 900 sq.ft.	$139,900	Airbnb cash on cash: 1.93% Traditional cash on cash: 3.91% Airbnb Rental Income: $1626 Traditional Rental Income: $1431 Airbnb ROI: 1.93% Traditional ROI: 3.91%
21008 Campolina Drive South Lyon, MI TO BE BUILT! Why buy old when you can build new with all of the features on your wishlist,...	4 beds \| 3 baths \| 2,725 sq.ft.	$561,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.96% Airbnb Rental Income: $null Traditional Rental Income: $2965 Airbnb ROI: N/A Traditional ROI: 3.96%
52909 10 Mile Road South Lyon, MI Rare Opportunity: Beautifully Remodeled Church on 2.6 Acres in South Lyon Welcome to 5...	3 beds \| 5 baths \| 4,906 sq.ft.	$1,300,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 2.32% Airbnb Rental Income: $1741 Traditional Rental Income: $4406 Airbnb ROI: -0.28% Traditional ROI: 2.32%
162 Princeton Drive South Lyon, MI Welcome to this charming Princeton Square condo, ideally situated near downtown South Lyon...	2 beds \| 1 baths \| 699 sq.ft.	$115,000	Airbnb cash on cash: 4.47% Traditional cash on cash: 4.88% Airbnb Rental Income: $1626 Traditional Rental Income: $1211 Airbnb ROI: 4.47% Traditional ROI: 4.88%
12421 Cambridge Boulevard #4 South Lyon, MI Sharp end-unit with stylish bamboo flooring t/o main floor, walk-in shower, laundry facili...	2 beds \| 2 baths \| 860 sq.ft.	$164,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 3.99% Airbnb Rental Income: $1626 Traditional Rental Income: $1581 Airbnb ROI: 1.34% Traditional ROI: 3.99%

Real Estate investment in South-lyon, MI

There are 97 properties for sale in the city of South Lyon . The median list price in South Lyon is $472,495 and the average price per square foot is $224. In December 2025, the average monthly cash on cash return in South Lyon is 4.00%. The average monthly rental income in South Lyon is $2,479.

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

There are 97 investment properties available for sale in South-lyon.

In 2025, 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 $2,479.

Your search for investment property begins and ends here

Investment Property for Sale in South Lyon, MI

301 Winchester Street

South Lyon, MI

3 beds | 1 baths | 1,019 sq.ft.

$300,000

Airbnb cash on cash: 1.79%

Traditional cash on cash: 2.88%

Airbnb Rental Income: $1741

Traditional Rental Income: $1569

Airbnb ROI: 1.79%

Traditional ROI: 2.88%

61264 Greenwood Drive

South Lyon, MI

2 beds | 2 baths | 1,085 sq.ft.

$164,000

Airbnb cash on cash: 1.54%

Traditional cash on cash: 4.82%

Airbnb Rental Income: $1626

Traditional Rental Income: $1678

Airbnb ROI: 1.54%

Traditional ROI: 4.82%

5700 Seven Mile Road

South Lyon, MI

4 beds | 5 baths | 3,250 sq.ft.

$1,689,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.9%

Airbnb Rental Income: $null

Traditional Rental Income: $4773

Airbnb ROI: N/A

Traditional ROI: 1.9%

854 Westbrooke Drive

South Lyon, MI

3 beds | 3 baths | 1,477 sq.ft.

$435,000

Airbnb cash on cash: 0.33%

Traditional cash on cash: 2.62%

Airbnb Rental Income: $1741

Traditional Rental Income: $2195

Airbnb ROI: 0.33%

Traditional ROI: 2.62%

1090 Shetland Drive

South Lyon, MI

4 beds | 3 baths | 3,304 sq.ft.

$554,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.06%

Airbnb Rental Income: $null

Traditional Rental Income: $2831

Airbnb ROI: N/A

Traditional ROI: 3.06%

24400 Johns Road

South Lyon, MI

5 beds | 7 baths | 13,000 sq.ft.

$6,000,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.35%

Airbnb Rental Income: $null

Traditional Rental Income: $5983

Airbnb ROI: N/A

Traditional ROI: -0.35%

667 Allegheny Drive

South Lyon, MI

4 beds | 2 baths | 2,300 sq.ft.

$559,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.35%

Airbnb Rental Income: $null

Traditional Rental Income: $2865

Airbnb ROI: N/A

Traditional ROI: 3.35%

61119 Heritage Boulevard unit: 3 #3

South Lyon, MI

2 beds | N/A baths | 1,380 sq.ft.

$115,000

Airbnb cash on cash: 1.35%

Traditional cash on cash: 7.01%

Airbnb Rental Income: $1626

Traditional Rental Income: $1795

Airbnb ROI: 1.35%