Real Estate Investment Properties for Sale in Michigan

Looking for investment property in Michigan with high ROI ?

Explore a variety of short-term homes & houses in Michigan. Invest wisely with VRBO & Michigan 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 Michigan

Q: Which city in Michigan to invest in for highest ROI on long term rental properties in 2026

In 2026, Palmyrais the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2125 Kensington Park Circle Holland, MI OPEN SAT: 5/9 12pm-2pm. Enjoy carefree living in a convenient location, with this stand-al...	3 beds \| 3 baths \| 2,013 sq.ft.	$349,900	Airbnb cash on cash: 1.42% Traditional cash on cash: 9.85% Airbnb Rental Income: $1830 Traditional Rental Income: $4106 Airbnb ROI: 1.42% Traditional ROI: 9.85%
3201 Asher Road Ann Arbor, MI Discover this premium Berkshire Creek end-unit home, where modern design meets everyday ea...	2 beds \| 3 baths \| 2,179 sq.ft.	$447,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 2.06% Airbnb Rental Income: $1260 Traditional Rental Income: $2475 Airbnb ROI: -1.8% Traditional ROI: 2.06%
1919 Dexter Avenue Ann Arbor, MI Welcome to 1919 Dexter Avenue - a charming and move-in ready home in the prime west-side l...	3 beds \| 2 baths \| 1,144 sq.ft.	$479,900	Airbnb cash on cash: -0.32% Traditional cash on cash: 0.81% Airbnb Rental Income: $1765 Traditional Rental Income: $1790 Airbnb ROI: -0.32% Traditional ROI: 0.81%
2354 Erickson Drive Troy, MI FINAL AND BEST DUE at 6PM 5/5/26 Beautifully maintained 4-bedroom, 3-bath split-level home...	4 beds \| 3 baths \| 2,495 sq.ft.	$569,900	Airbnb cash on cash: -0.81% Traditional cash on cash: 3.21% Airbnb Rental Income: $1194 Traditional Rental Income: $2943 Airbnb ROI: -0.81% Traditional ROI: 3.21%
1217 El Camino Drive NW Grand Rapids, MI Exceptional residence offering a rare sense of privacy and a refined, collected aesthetic,...	4 beds \| 5 baths \| 4,689 sq.ft.	$699,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 6.05% Airbnb Rental Income: $2358 Traditional Rental Income: $5313 Airbnb ROI: 0.63% Traditional ROI: 6.05%
1689 Morning Dew Drive SW Byron Center, MI You will LOVE this Farmhouse-style 2 story home nestled in the very sought-after Byron Cen...	4 beds \| 4 baths \| 2,650 sq.ft.	$445,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 5.35% Airbnb Rental Income: $2207 Traditional Rental Income: $3223 Airbnb ROI: 1.58% Traditional ROI: 5.35%
108 Henderson Place Cadillac, MI NOT FOR RENT: Even more adorable and cozy than it looks! This turn key tiny home is well b...	1 beds \| 1 baths \| 400 sq.ft.	$143,700	Airbnb cash on cash: -0.09% Traditional cash on cash: 3% Airbnb Rental Income: $598 Traditional Rental Income: $735 Airbnb ROI: -0.09% Traditional ROI: 3%
549 Detroit Street Au Gres, MI Over 88' of frontage along the Au Gres River awaits with this riverfront property! Just a ...	2 beds \| 1 baths \| 1,248 sq.ft.	$234,900	Airbnb cash on cash: -1% Traditional cash on cash: 5.4% Airbnb Rental Income: $663 Traditional Rental Income: $1785 Airbnb ROI: -1% Traditional ROI: 5.4%
2839 Ruby Street Traverse City, MI Welcome to 2839 Ruby St, a stunning new home in one of Traverse Cityâs most sought-after...	3 beds \| 3 baths \| 1,626 sq.ft.	$454,690	Airbnb cash on cash: 2.16% Traditional cash on cash: 3.53% Airbnb Rental Income: $2358 Traditional Rental Income: $2358 Airbnb ROI: 2.16% Traditional ROI: 3.53%
7090 Nancy K Drive Hale, MI This exceptional property offers a meticulously maintained home with numerous modern updat...	3 beds \| 3 baths \| 3,264 sq.ft.	$440,000	Airbnb cash on cash: -1.97% Traditional cash on cash: 4.58% Airbnb Rental Income: $796 Traditional Rental Income: $3170 Airbnb ROI: -1.97% Traditional ROI: 4.58%
1706 W Michigan Mount Pleasant, MI Adorable two-bedroom home in the city of Mt. Pleasant! The wood floors were refinished in...	2 beds \| 1 baths \| 832 sq.ft.	$138,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 6.84% Airbnb Rental Income: $703 Traditional Rental Income: $1304 Airbnb ROI: -0.01% Traditional ROI: 6.84%
2400 Troon South #4002 Bellaire, MI Enjoy views of the 18th hole and pond at the Lodge at Cedar River Village. This updated 1...	1 beds \| 1 baths \| 594 sq.ft.	$119,000	Airbnb cash on cash: -6.94% Traditional cash on cash: 2.29% Airbnb Rental Income: $479 Traditional Rental Income: $1270 Airbnb ROI: -6.94% Traditional ROI: 2.29%
2993 Emerald Isle Traverse City, MI Discover easy living in this beautifully maintained 2-bedroom, 2-bath condo perfectly situ...	2 beds \| 2 baths \| 962 sq.ft.	$299,999	Airbnb cash on cash: 0.79% Traditional cash on cash: 3.67% Airbnb Rental Income: $1161 Traditional Rental Income: $1592 Airbnb ROI: 0.79% Traditional ROI: 3.67%
1794 Round Lake Road Interlochen, MI Tucked into the desirable Round Lake Estates neighborhood, this spacious tri-level home at...	3 beds \| 3 baths \| 1,624 sq.ft.	$440,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 4.8% Airbnb Rental Income: $1309 Traditional Rental Income: $2596 Airbnb ROI: 0.69% Traditional ROI: 4.8%
7050 Loud Drive Oscoda, MI This unique one of a kind 5.22 acre property is a dream! The Multi-level 2,352 sq ft house...	3 beds \| 3 baths \| 2,352 sq.ft.	$465,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 4.39% Airbnb Rental Income: $1480 Traditional Rental Income: $2619 Airbnb ROI: 0.77% Traditional ROI: 4.39%
820-14 Red Drive #14 Traverse City, MI Your search for old-world ambiance, a vibrant urban lifestyle & the perfect home or invest...	1 beds \| 1 baths \| 886 sq.ft.	$480,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 1.39% Airbnb Rental Income: $718 Traditional Rental Income: $1274 Airbnb ROI: -0.53% Traditional ROI: 1.39%
1546 Nightingale Lane Kingsley, MI Natural light floods this exceptional custom-built home, offering over 3,780 square feet o...	3 beds \| 4 baths \| 3,782 sq.ft.	$625,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 5.16% Airbnb Rental Income: $1520 Traditional Rental Income: $3763 Airbnb ROI: 0.55% Traditional ROI: 5.16%
135 Montgomery Rd South Boardman, MI 3 bedroom, 2 bath ranch, 37 acres with multiple habitat types with varying topographies. ...	3 beds \| 2 baths \| 1,804 sq.ft.	$474,900	Airbnb cash on cash: 0.23% Traditional cash on cash: 4.37% Airbnb Rental Income: $1148 Traditional Rental Income: $2610 Airbnb ROI: 0.23% Traditional ROI: 4.37%
2140 Chelsea Lane Traverse City, MI Discover peaceful, nature-filled living in this beautifully maintained 4-bedroom, 3-bath c...	4 beds \| 3 baths \| 3,144 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.98% Airbnb Rental Income: $null Traditional Rental Income: $3391 Airbnb ROI: N/A Traditional ROI: 3.98%
4706 Sundial Drive NE Grand Rapids, MI Welcome to 4706 Sundial Dr. NE located in the Waterford Woods Neighborhood. This beautiful...	4 beds \| 4 baths \| 2,676 sq.ft.	$635,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 2.94% Airbnb Rental Income: $2187 Traditional Rental Income: $3176 Airbnb ROI: 0.34% Traditional ROI: 2.94%
17 Vandine Place NE Grand Rapids, MI Can't beat this downtown location near the Fulton Street Farmers Market, Madcap Coffee & M...	3 beds \| 1 baths \| 1,089 sq.ft.	$225,000	Airbnb cash on cash: 4.49% Traditional cash on cash: 4.32% Airbnb Rental Income: $2025 Traditional Rental Income: $1463 Airbnb ROI: 4.49% Traditional ROI: 4.32%
335 Bridge Street NW #3200 Grand Rapids, MI Above the city on the 32nd floor of The River House, one of Michigan's tallest residential...	4 beds \| 4 baths \| 4,791 sq.ft.	$3,200,000	Airbnb cash on cash: -3.09% Traditional cash on cash: -1.88% Airbnb Rental Income: $1181 Traditional Rental Income: $4395 Airbnb ROI: -3.09% Traditional ROI: -1.88%
14664 154th Avenue Grand Haven, MI Welcome to this charming 2 bedroom, 1 bath home located in the heart of Grand Haven. Disco...	2 beds \| 1 baths \| 964 sq.ft.	$269,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 3.88% Airbnb Rental Income: $1221 Traditional Rental Income: $1472 Airbnb ROI: 1.34% Traditional ROI: 3.88%
103 Poplar Court Cadillac, MI Summer is callingâexperience effortless lake living in this fully reimagined, turnkey co...	3 beds \| 1 baths \| 900 sq.ft.	$315,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 3.07% Airbnb Rental Income: $1535 Traditional Rental Income: $1539 Airbnb ROI: 1.55% Traditional ROI: 3.07%
265 W Water St Constantine, MI Clean manufactured home on the St. Joseph River in Constantine. 3 bedroom, 1.5 baths, open...	N/A beds \| N/A baths \| N/A	$40,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.49% Airbnb Rental Income: $null Traditional Rental Income: $608 Airbnb ROI: N/A Traditional ROI: 9.49%
130 E Water Street Constantine, MI Do you want to live where you work? Or rent out the lower level to minimize your expenses ...	2 beds \| 3 baths \| 2,414 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.17% Airbnb Rental Income: $null Traditional Rental Income: $2325 Airbnb ROI: N/A Traditional ROI: 8.17%
711 N CENTER Street Northville, MI TO BE BUILT. TAKING PRELIMINARY RESERVATIONS. INTRODUCING THE NORTHVILLE HILL LUXURY TOWNH...	3 beds \| 4 baths \| 2,768 sq.ft.	$1,350,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 0.54% Airbnb Rental Income: $2453 Traditional Rental Income: $3333 Airbnb ROI: -0.64% Traditional ROI: 0.54%
22795 Almond Eastpointe, MI The existing VA Loan is assumable for Veterans at a 3.5% interest rate! Looking for more ...	3 beds \| 1 baths \| 1,357 sq.ft.	$124,900	Airbnb cash on cash: 0.69% Traditional cash on cash: 11.36% Airbnb Rental Income: $727 Traditional Rental Income: $1700 Airbnb ROI: 0.69% Traditional ROI: 11.36%
360 Wilshire Drive Bloomfield Hills, MI Welcome to this stunning Bloomfield Hills Home offering the perfect blend of space, elegan...	4 beds \| 4 baths \| 4,098 sq.ft.	$899,900	Airbnb cash on cash: -1.19% Traditional cash on cash: 0.97% Airbnb Rental Income: $2552 Traditional Rental Income: $3745 Airbnb ROI: -1.19% Traditional ROI: 0.97%
969 Bloomfield Woods Bloomfield Hills, MI FIRST FLOOR PRIMARY! Sophisticated, elegant and private: This luxury detached condo locate...	3 beds \| 4 baths \| 2,710 sq.ft.	$1,399,000	Airbnb cash on cash: -2.42% Traditional cash on cash: 0.09% Airbnb Rental Income: $1408 Traditional Rental Income: $4247 Airbnb ROI: -2.42% Traditional ROI: 0.09%
479 Newburne Pointe Bloomfield Hills, MI Surrounded by water with views of the 7th green, this fully renovated 2024 residence offer...	3 beds \| 4 baths \| 2,218 sq.ft.	$850,000	Airbnb cash on cash: -2.17% Traditional cash on cash: 1.18% Airbnb Rental Income: $1408 Traditional Rental Income: $3642 Airbnb ROI: -2.17% Traditional ROI: 1.18%
2400 TROON SOUTH Bellaire, MI Experience effortless Up North living in this luxury 1-bedroom condotel at Cedar River Lod...	1 beds \| 1 baths \| 656 sq.ft.	$139,000	Airbnb cash on cash: -5.43% Traditional cash on cash: 1.51% Airbnb Rental Income: $479 Traditional Rental Income: $1136 Airbnb ROI: -5.43% Traditional ROI: 1.51%
5811 East Village Drive Bellaire, MI Located in the heart of Bellaireâs ski village, this architecturally distinct mid-centur...	4 beds \| 3 baths \| 1,970 sq.ft.	$599,900	Airbnb cash on cash: 0.55% Traditional cash on cash: 2.14% Airbnb Rental Income: $2410 Traditional Rental Income: $2709 Airbnb ROI: 0.55% Traditional ROI: 2.14%
1335 Eastern Place NE Grand Rapids, MI NE Grand Rapids, Turnkey, single story home located in the popular Creston neighborhood! J...	3 beds \| 1 baths \| 845 sq.ft.	$229,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 3.9% Airbnb Rental Income: $1473 Traditional Rental Income: $1501 Airbnb ROI: 1.77% Traditional ROI: 3.9%
322 Roosevelt Avenue Holland, MI Well maintained home located in the heart of Waukazoo Woods. Four Bedroom and one and a ha...	4 beds \| 2 baths \| 1,938 sq.ft.	$395,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 4.43% Airbnb Rental Income: $2528 Traditional Rental Income: $2393 Airbnb ROI: 3.14% Traditional ROI: 4.43%
8195 Fifth Street Onekama, MI Step into timeless charm with this beautifully preserved Victorian in the heart of Onekama...	N/A beds \| N/A baths \| 2,056 sq.ft.	$749,000	Airbnb cash on cash: -1.87% Traditional cash on cash: 2.09% Airbnb Rental Income: $891 Traditional Rental Income: $3321 Airbnb ROI: -1.87% Traditional ROI: 2.09%

Real Estate investment in Michigan

There are 19,494 properties available for sale in the state of Michigan. Palmyra, Cassopolis and Lincoln Park are the best rental property markets in Michigan. The average median price of properties for sale in these cities are $247,667 and the average price per square foot is $0. Their average monthly cash on cash return is 6.33%.

Michigan Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 19,494 investment properties available for sale in Michigan.

In 2026, Palmyra is the best city to buy investment properties. Find more investment properties today!

In 2026, Palmyra (7%) and Cassopolis (6%) has the highest cash on cash return for long term rentals in Michigan.

Your search for investment property begins and ends here

Investment Property for Sale in Michigan

2125 Kensington Park Circle

Holland, MI

3 beds | 3 baths | 2,013 sq.ft.

$349,900

Airbnb cash on cash: 1.42%

Traditional cash on cash: 9.85%

Airbnb Rental Income: $1830

Traditional Rental Income: $4106

Airbnb ROI: 1.42%

Traditional ROI: 9.85%

3201 Asher Road

Ann Arbor, MI

2 beds | 3 baths | 2,179 sq.ft.

$447,000

Airbnb cash on cash: -1.8%

Traditional cash on cash: 2.06%

Airbnb Rental Income: $1260

Traditional Rental Income: $2475

Airbnb ROI: -1.8%

Traditional ROI: 2.06%

1919 Dexter Avenue

Ann Arbor, MI

3 beds | 2 baths | 1,144 sq.ft.

$479,900

Airbnb cash on cash: -0.32%

Traditional cash on cash: 0.81%

Airbnb Rental Income: $1765

Traditional Rental Income: $1790

Airbnb ROI: -0.32%

Traditional ROI: 0.81%

2354 Erickson Drive

Troy, MI

4 beds | 3 baths | 2,495 sq.ft.

$569,900

Airbnb cash on cash: -0.81%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $1194

Traditional Rental Income: $2943

Airbnb ROI: -0.81%

Traditional ROI: 3.21%

1217 El Camino Drive NW

Grand Rapids, MI

4 beds | 5 baths | 4,689 sq.ft.

$699,900

Airbnb cash on cash: 0.63%

Traditional cash on cash: 6.05%

Airbnb Rental Income: $2358

Traditional Rental Income: $5313

Airbnb ROI: 0.63%

Traditional ROI: 6.05%

1689 Morning Dew Drive SW

Byron Center, MI

4 beds | 4 baths | 2,650 sq.ft.

$445,000

Airbnb cash on cash: 1.58%

Traditional cash on cash: 5.35%

Airbnb Rental Income: $2207

Traditional Rental Income: $3223

Airbnb ROI: 1.58%

Traditional ROI: 5.35%

108 Henderson Place

Cadillac, MI

1 beds | 1 baths | 400 sq.ft.

$143,700

Airbnb cash on cash: -0.09%

Traditional cash on cash: 3%

Airbnb Rental Income: $598

Traditional Rental Income: $735

Airbnb ROI: -0.09%

Traditional ROI: 3%

549 Detroit Street

Au Gres, MI

2 beds | 1 baths | 1,248 sq.ft.

$234,900

Airbnb cash on cash: -1%

Traditional cash on cash: 5.4%

Airbnb Rental Income: $663

Traditional Rental Income: $1785

Airbnb ROI: -1%