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 2025

In 2025, Palmyrais the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
15 E Kirby Street #1125 Detroit, MI Welcome to this stunning 11th-floor condo, thoughtfully redesigned from a one-bedroom into...	2 beds \| 2 baths \| 1,005 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.01% Airbnb Rental Income: $null Traditional Rental Income: $1640 Airbnb ROI: N/A Traditional ROI: 0.01%
5840 Northfield Parkway Troy, MI ***This appealing condo was put on the market during the government shutdown and on into t...	3 beds \| 2 baths \| 1,410 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.68% Airbnb Rental Income: $null Traditional Rental Income: $2072 Airbnb ROI: N/A Traditional ROI: 3.68%
322 E HARRISON Avenue #18 Royal Oak, MI Nestled in the heart of Royal Oakâs industrial district, this stylish loft in the sought...	2 beds \| 2 baths \| 1,129 sq.ft.	$334,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.98% Airbnb Rental Income: $null Traditional Rental Income: $1895 Airbnb ROI: N/A Traditional ROI: 0.98%
2875 Trailwood Lane Ann Arbor, MI 10 Acres in Ann Arbor Twp. Rare 10-acre Ann Arbor estate offering exceptional privacy, ver...	4 beds \| 4 baths \| 2,701 sq.ft.	$994,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.73% Airbnb Rental Income: $null Traditional Rental Income: $3329 Airbnb ROI: N/A Traditional ROI: 1.73%
2644 Maplewood Ann Arbor, MI Take a look at this Bungalow on a tree canopied street in South East Ann Arbor - 2.8 miles...	2 beds \| 2 baths \| 1,052 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.48% Airbnb Rental Income: $null Traditional Rental Income: $1779 Airbnb ROI: N/A Traditional ROI: 2.48%
1365 Holland Street Birmingham, MI If light, bright & open is what you are looking for in your new home, look no further than...	3 beds \| 4 baths \| 2,279 sq.ft.	$850,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.85% Airbnb Rental Income: $null Traditional Rental Income: $3944 Airbnb ROI: N/A Traditional ROI: 1.85%
955 Wakefield Street Birmingham, MI New Price! Convenient, close to town location in Birmingham. 4BR 2.5 Bath 2023-24 renovate...	4 beds \| 3 baths \| 2,423 sq.ft.	$965,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.18% Airbnb Rental Income: $null Traditional Rental Income: $3130 Airbnb ROI: N/A Traditional ROI: 1.18%
600 Monroe Avenue NW unit: 406 #406 Grand Rapids, MI Penthouse Perfection at Monroe Terrace! Experience downtown living at its finest in this s...	3 beds \| 3 baths \| 2,355 sq.ft.	$865,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.33% Airbnb Rental Income: $null Traditional Rental Income: $2838 Airbnb ROI: N/A Traditional ROI: 0.33%
811 Fairmount Street SE Grand Rapids, MI Updated Eastown Home \| Walkable Location 811 Fairmount St SE continues to draw strong atte...	4 beds \| 2 baths \| 2,159 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.64% Airbnb Rental Income: $null Traditional Rental Income: $2382 Airbnb ROI: N/A Traditional ROI: 4.64%
1009 Adams Street SE Grand Rapids, MI Great starter home with 3 bedrooms, it has a main floor Primary with 2 bedrooms upstairs. ...	3 beds \| 2 baths \| 1,150 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.13% Airbnb Rental Income: $null Traditional Rental Income: $1977 Airbnb ROI: N/A Traditional ROI: 10.13%
108 Henderson Place Cadillac, MI Even more adorable and cozy than it looks! This turn key tiny home is well built, is full ...	1 beds \| 1 baths \| 400 sq.ft.	$149,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.87% Airbnb Rental Income: $null Traditional Rental Income: $735 Airbnb ROI: N/A Traditional ROI: 2.87%
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: 0.45% Traditional cash on cash: 5.4% Airbnb Rental Income: $1051 Traditional Rental Income: $1785 Airbnb ROI: 0.45% Traditional ROI: 5.4%
2839 Ruby Street Traverse City, MI Incredible Value - over $200K less than other new homes in the neighborhood Expertly craft...	3 beds \| N/A baths \| 1,648 sq.ft.	$453,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.54% Airbnb Rental Income: $null Traditional Rental Income: $2358 Airbnb ROI: N/A Traditional ROI: 3.54%
3496 Pine Acres Road Glennie, MI Check out the new siding on the Garage! Super clean and ready for the next family to enjoy...	3 beds \| 1 baths \| 1,106 sq.ft.	$239,900	Airbnb cash on cash: 1.63% Traditional cash on cash: 5.7% Airbnb Rental Income: $1180 Traditional Rental Income: $1717 Airbnb ROI: 1.63% Traditional ROI: 5.7%
3948 Sherwood Forest Drive Traverse City, MI Priced to sell at $285,000! Enjoy easy, low-maintenance living in this 2BR/1.5BA condo in ...	2 beds \| 2 baths \| 1,728 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.8% Airbnb Rental Income: $null Traditional Rental Income: $2306 Airbnb ROI: N/A Traditional ROI: 5.8%
3947 76th Street SW Byron Center, MI This inviting farmhouse sits on nearly 5 peaceful acres in Byron Center, offering the spac...	4 beds \| 2 baths \| 2,539 sq.ft.	$614,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.42% Airbnb Rental Income: $null Traditional Rental Income: $3151 Airbnb ROI: N/A Traditional ROI: 3.42%
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.	$324,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.33% Airbnb Rental Income: $null Traditional Rental Income: $1592 Airbnb ROI: N/A Traditional ROI: 3.33%
3560 Guilford Street Detroit, MI Welcome to 3560 Guilford St This beautifully renovated 3-bedroom, 1.5-bath home offers a ...	3 beds \| 2 baths \| 1,456 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.57% Airbnb Rental Income: $null Traditional Rental Income: $2126 Airbnb ROI: N/A Traditional ROI: 9.57%
8553 Cloverlawn Street Detroit, MI Don't miss this beautifully renovated 3-bedroom, 1-bath brick ranch offering over 1,000 sq...	3 beds \| 1 baths \| 1,012 sq.ft.	$95,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.23% Airbnb Rental Income: $null Traditional Rental Income: $1440 Airbnb ROI: N/A Traditional ROI: 11.23%
7203 Valley Honor, MI Nestled on 40 acres of pristine high ground and partially wooded land, this beautiful 3-be...	3 beds \| 1 baths \| 1,200 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.82% Airbnb Rental Income: $null Traditional Rental Income: $1825 Airbnb ROI: N/A Traditional ROI: 1.82%
16217 Linwood Street Detroit, MI Investors ! Well maintained colonial home with tenant to add to your Detroit income por...	3 beds \| 1 baths \| 1,243 sq.ft.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.18% Airbnb Rental Income: $null Traditional Rental Income: $1692 Airbnb ROI: N/A Traditional ROI: 11.18%
1300 E LAFAYETTE Street #1509 Detroit, MI Welcome to your upper level luxurious lifestyle condo! The unit is located on the (15th fl...	1 beds \| 1 baths \| 800 sq.ft.	$75,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.9% Airbnb Rental Income: $null Traditional Rental Income: $1468 Airbnb ROI: N/A Traditional ROI: 1.9%
206 Boardman Avenue Traverse City, MI Welcome to the coveted Brownstones in downtown Traverse City! This beautifully updated 2-b...	2 beds \| 3 baths \| 1,432 sq.ft.	$999,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.4% Airbnb Rental Income: $null Traditional Rental Income: $2465 Airbnb ROI: N/A Traditional ROI: 1.4%
135 Montgomery Road South Boardman, MI Invisible - This property is one of the most distinctive ranches in the Kalkaska County ar...	3 beds \| 2 baths \| 1,804 sq.ft.	$474,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.37% Airbnb Rental Income: $null Traditional Rental Income: $2610 Airbnb ROI: N/A Traditional ROI: 4.37%
64 Quimby Street NE Grand Rapids, MI Fantastic opportunity for investors or first-time homebuyers! Conveniently located near do...	4 beds \| 1 baths \| 1,356 sq.ft.	$196,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.74% Airbnb Rental Income: $null Traditional Rental Income: $1739 Airbnb ROI: N/A Traditional ROI: 6.74%
335 Bridge Street NW unit: 3102 #3102 Grand Rapids, MI Set high above the city, this 4,100+ square foot penthouse offers sweeping panoramic skyli...	3 beds \| 3 baths \| 4,135 sq.ft.	$1,949,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.41% Airbnb Rental Income: $null Traditional Rental Income: $3429 Airbnb ROI: N/A Traditional ROI: -2.41%
2313 4 Mile Road NE Grand Rapids, MI Modern comfort meets wooded tranquility. Nestled on a half-acre in Grand Rapids Township, ...	5 beds \| N/A baths \| 2,900 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $3678 Airbnb ROI: N/A Traditional ROI: 4.55%
100 W 5th Street #605 Royal Oak, MI Located in the heart of Downtown Royal Oak, this Modern Condo offers Elevated Views, 10 Fo...	2 beds \| 2 baths \| 1,201 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.65% Airbnb Rental Income: $null Traditional Rental Income: $2417 Airbnb ROI: N/A Traditional ROI: 1.65%
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.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.69% Airbnb Rental Income: $null Traditional Rental Income: $1472 Airbnb ROI: N/A Traditional ROI: 3.69%
1104 Riverside Owosso, MI Riverside Gem, with stunning views. Welcome to this beautiful updated 3 bed, 3.5 bath ranc...	3 beds \| 4 baths \| 1,980 sq.ft.	$369,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.13% Airbnb Rental Income: $null Traditional Rental Income: $3304 Airbnb ROI: N/A Traditional ROI: 7.13%
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: N/A Traditional cash on cash: 0.54% Airbnb Rental Income: $null Traditional Rental Income: $3333 Airbnb ROI: N/A Traditional ROI: 0.54%
22795 Almond Eastpointe, MI Spacious Bungalow and easy move-in! Newer vinyl windows, gutters, and storm doors. Cost ef...	3 beds \| 1 baths \| 1,357 sq.ft.	$130,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.89% Airbnb Rental Income: $null Traditional Rental Income: $1700 Airbnb ROI: N/A Traditional ROI: 10.89%
692 Brockmoor Lane Bloomfield Hills, MI HUGE PRICE IMPROVEMENT HERE!! This two story condo is ready for you to move in and start l...	3 beds \| 3 baths \| 2,023 sq.ft.	$427,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.48% Airbnb Rental Income: $null Traditional Rental Income: $2821 Airbnb ROI: N/A Traditional ROI: 2.48%
2415 TROON SOUTH Bellaire, MI Welcome to your perfect four-season fully furnished getaway! This beautifully appointed 3-...	3 beds \| 3 baths \| 1,300 sq.ft.	$559,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.39% Airbnb Rental Income: $null Traditional Rental Income: $2137 Airbnb ROI: N/A Traditional ROI: 1.39%
4371 Council Crest Lane Battle Creek, MI Beautiful Harper Creek home with lake access and view! Great view from almost from every r...	3 beds \| 2 baths \| 1,764 sq.ft.	$334,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.06% Airbnb Rental Income: $null Traditional Rental Income: $2753 Airbnb ROI: N/A Traditional ROI: 6.06%
8789 Fieldcrest Drive Brighton, MI Set in a private, fenced yard, this beautifully maintained Brighton colonial offers both c...	3 beds \| 2 baths \| 1,248 sq.ft.	$319,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.91% Airbnb Rental Income: $null Traditional Rental Income: $2080 Airbnb ROI: N/A Traditional ROI: 4.91%
11916 GEOFFRY Drive Warren, MI Charming 3-Bedroom Brick Ranch in Warren Welcome to this beautifully maintained 3-bed...	3 beds \| 3 baths \| 1,316 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.16% Airbnb Rental Income: $null Traditional Rental Income: $2211 Airbnb ROI: N/A Traditional ROI: 4.16%

Real Estate investment in Michigan

There are 21,001 properties available for sale in the state of Michigan. Palmyra, Milford and Hartland are the best rental property markets in Michigan. The average median price of properties for sale in these cities are $408,250 and the average price per square foot is $0. Their average monthly cash on cash return is 6.00%.

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

There are 21,001 investment properties available for sale in Michigan.

In 2025, Palmyra is the best city to buy investment properties. Find more investment properties today!

In 2025, Palmyra (11%) and Milford (4%) 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

15 E Kirby Street #1125

Detroit, MI

2 beds | 2 baths | 1,005 sq.ft.

$299,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.01%

Airbnb Rental Income: $null

Traditional Rental Income: $1640

Airbnb ROI: N/A

Traditional ROI: 0.01%

5840 Northfield Parkway

Troy, MI

3 beds | 2 baths | 1,410 sq.ft.

$279,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.68%

Airbnb Rental Income: $null

Traditional Rental Income: $2072

Airbnb ROI: N/A

Traditional ROI: 3.68%

322 E HARRISON Avenue #18

Royal Oak, MI

2 beds | 2 baths | 1,129 sq.ft.

$334,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.98%

Airbnb Rental Income: $null

Traditional Rental Income: $1895

Airbnb ROI: N/A

Traditional ROI: 0.98%

2875 Trailwood Lane

Ann Arbor, MI

4 beds | 4 baths | 2,701 sq.ft.

$994,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.73%

Airbnb Rental Income: $null

Traditional Rental Income: $3329

Airbnb ROI: N/A

Traditional ROI: 1.73%

2644 Maplewood

Ann Arbor, MI

2 beds | 2 baths | 1,052 sq.ft.

$359,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.48%

Airbnb Rental Income: $null

Traditional Rental Income: $1779

Airbnb ROI: N/A

Traditional ROI: 2.48%

1365 Holland Street

Birmingham, MI

3 beds | 4 baths | 2,279 sq.ft.

$850,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.85%

Airbnb Rental Income: $null

Traditional Rental Income: $3944

Airbnb ROI: N/A

Traditional ROI: 1.85%

955 Wakefield Street

Birmingham, MI

4 beds | 3 baths | 2,423 sq.ft.

$965,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.18%

Airbnb Rental Income: $null

Traditional Rental Income: $3130

Airbnb ROI: N/A

Traditional ROI: 1.18%

600 Monroe Avenue NW unit: 406 #406

Grand Rapids, MI

3 beds | 3 baths | 2,355 sq.ft.

$865,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.33%

Airbnb Rental Income: $null

Traditional Rental Income: $2838

Airbnb ROI: N/A