Is Lyon, MI a good place to invest in rental property?

Lyon, MI has a median modeled monthly cash flow of $-1,781 and a median cap rate of 2.6%, on a median sold price of $590,000. Prices changed -4.8% year over year.

What is the average cap rate in Lyon, MI?

The median cap rate across recently sold homes in Lyon, MI is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lyon, MI?

The median sold price in Lyon, MI is $590,000 (about $198 per square foot).

Investing in Lyon, MI Real Estate

A data-driven snapshot of the Lyon, MI rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$590,000Median sold price

$198Median $/sqft

2.6%Median cap rate

$-1,781Modeled cash flow / mo

-4.8%Appreciation YoY

16.0Months of supply

459Active listings

345Sold (last 12 mo)

What the Lyon numbers say

In Lyon, MI, the median home sold for $590,000 (about $198 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-1,781 of monthly cash flow. Sold prices moved -4.8% over the past year. Inventory sits at about 16.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Michigan markets to compare

See Lyon cash-flowing listings

CashFlowRE ranks every for-sale home in Lyon, MI by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Lyon deals, or browse the national market data.