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, Bridgeportis the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
8118 Cheyenne Street Detroit, MI WELCOME HOME TO THIS WONDERFUL 3 BEDROOM BRICK BUNGLOW, NESTLED IN THE BEAUTIFUL AVIATION ...	3 beds \| 1 baths \| 1,470 sq.ft.	$195,900	Airbnb cash on cash: -2.76% Traditional cash on cash: 4.79% Airbnb Rental Income: $269 Traditional Rental Income: $1440 Airbnb ROI: -2.76% Traditional ROI: 4.79%
1021 Clear Creek Drive Rochester Hills, MI EXCEPTIONALLY RARE OPPORTUNITY to SECURE the "Idea Show House" Model in Prestigious & High...	4 beds \| 6 baths \| 5,272 sq.ft.	$2,100,000	Airbnb cash on cash: -1.41% Traditional cash on cash: -0.56% Airbnb Rental Income: $1945 Traditional Rental Income: $3072 Airbnb ROI: -1.41% Traditional ROI: -0.56%
2890 Barclay Way Ann Arbor, MI Welcome to this spacious end-unit condominium in the highly desirable Barclay Park communi...	3 beds \| 4 baths \| 2,008 sq.ft.	$425,000	Airbnb cash on cash: -1.1% Traditional cash on cash: 3.38% Airbnb Rental Income: $1569 Traditional Rental Income: $2904 Airbnb ROI: -1.1% Traditional ROI: 3.38%
2875 Trailwood Lane Ann Arbor, MI Ann Arbor Twp Property PRICE REDUCTION \| Refreshed and ready for spring. Rare 10-acre Ann ...	4 beds \| 4 baths \| 2,701 sq.ft.	$945,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 1.87% Airbnb Rental Income: $1777 Traditional Rental Income: $3329 Airbnb ROI: -0.44% Traditional ROI: 1.87%
1661 Herrick Avenue NE Grand Rapids, MI Set on a quiet, tree lined street, this charming 3 bed, 1 bath ranch offers easy one level...	3 beds \| 1 baths \| 1,088 sq.ft.	$279,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 5.57% Airbnb Rental Income: $694 Traditional Rental Income: $2115 Airbnb ROI: -0.99% Traditional ROI: 5.57%
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.	$719,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 5.85% Airbnb Rental Income: $1791 Traditional Rental Income: $5313 Airbnb ROI: -0.12% Traditional ROI: 5.85%
484 Park Street Birmingham, MI This sophisticated, custom built home in Birmingham's ''Little San Francisco'' neighborhoo...	4 beds \| 4 baths \| 4,055 sq.ft.	$1,895,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.49% Airbnb Rental Income: $null Traditional Rental Income: $7363 Airbnb ROI: N/A Traditional ROI: 1.49%
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.	$455,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 5.21% Airbnb Rental Income: $1567 Traditional Rental Income: $3223 Airbnb ROI: 0.27% Traditional ROI: 5.21%
7409 2nd Avenue #8 Detroit, MI Enjoy easy city living in the heart of New Center, just steps from the iconic Fisher Build...	1 beds \| 1 baths \| 760 sq.ft.	$150,000	Airbnb cash on cash: -6.28% Traditional cash on cash: -2.06% Airbnb Rental Income: $509 Traditional Rental Income: $840 Airbnb ROI: -6.28% Traditional ROI: -2.06%
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.	$149,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 2.87% Airbnb Rental Income: $584 Traditional Rental Income: $735 Airbnb ROI: -0.2% 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: -0.68% Traditional cash on cash: 5.4% Airbnb Rental Income: $749 Traditional Rental Income: $1785 Airbnb ROI: -0.68% 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: -0.28% Traditional cash on cash: 3.53% Airbnb Rental Income: $1110 Traditional Rental Income: $2358 Airbnb ROI: -0.28% Traditional ROI: 3.53%
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: 0.27% Traditional cash on cash: 6.84% Airbnb Rental Income: $747 Traditional Rental Income: $1304 Airbnb ROI: 0.27% 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: -7.44% Traditional cash on cash: 2.29% Airbnb Rental Income: $410 Traditional Rental Income: $1270 Airbnb ROI: -7.44% 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.	$319,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 3.4% Airbnb Rental Income: $1218 Traditional Rental Income: $1592 Airbnb ROI: 0.84% Traditional ROI: 3.4%
8151 Rolyat Street Detroit, MI OPORTUNITY!!! New on the market this gem in a perfect location. This nice brick house is l...	4 beds \| 2 baths \| 128 sq.ft.	$99,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 5.59% Airbnb Rental Income: $748 Traditional Rental Income: $1042 Airbnb ROI: -0.72% Traditional ROI: 5.59%
16866 Harlow Detroit, MI Not one penny spared at this stunning Detroit brick bungalow with exceptional curb appeal!...	3 beds \| 3 baths \| 1,587 sq.ft.	$179,900	Airbnb cash on cash: -1.79% Traditional cash on cash: 6.97% Airbnb Rental Income: $385 Traditional Rental Income: $1632 Airbnb ROI: -1.79% Traditional ROI: 6.97%
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.	$72,000	Airbnb cash on cash: -12.44% Traditional cash on cash: 2.08% Airbnb Rental Income: $746 Traditional Rental Income: $1468 Airbnb ROI: -12.44% Traditional ROI: 2.08%
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 \| 2 baths \| 2,352 sq.ft.	$475,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 4.27% Airbnb Rental Income: $1149 Traditional Rental Income: $2619 Airbnb ROI: 0.11% Traditional ROI: 4.27%
15805 Lindsay Street Detroit, MI Welcome to 15805 Lindsay St, a beautifully renovated 2-bedroom, 2-bath ranch situated in o...	2 beds \| 2 baths \| 1,254 sq.ft.	$139,900	Airbnb cash on cash: -3.31% Traditional cash on cash: 10.97% Airbnb Rental Income: $410 Traditional Rental Income: $2069 Airbnb ROI: -3.31% Traditional ROI: 10.97%
6491 Stahelin Avenue Detroit, MI Make this 3 bedrooms your primary residence or investment property. Near Warrendale and mi...	3 beds \| 1 baths \| 1,129 sq.ft.	$119,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 7.44% Airbnb Rental Income: $496 Traditional Rental Income: $1162 Airbnb ROI: -0.72% Traditional ROI: 7.44%
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: -0.75% Traditional cash on cash: 1.4% Airbnb Rental Income: $793 Traditional Rental Income: $2465 Airbnb ROI: -0.75% Traditional ROI: 1.4%
135 Montgomery Road 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: -0.12% Traditional cash on cash: 4.37% Airbnb Rental Income: $965 Traditional Rental Income: $2610 Airbnb ROI: -0.12% 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.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.8% Airbnb Rental Income: $null Traditional Rental Income: $3391 Airbnb ROI: N/A Traditional ROI: 3.8%
1030 Eastward Street Alma, MI This Spacious 3 Bedroom 2 Bath home just might be the one for you.... Located on a very la...	3 beds \| 2 baths \| 1,240 sq.ft.	$134,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.34% Airbnb Rental Income: $null Traditional Rental Income: $1835 Airbnb ROI: N/A Traditional ROI: 11.34%
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.	$675,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 5.29% Airbnb Rental Income: $1644 Traditional Rental Income: $4800 Airbnb ROI: -0.46% Traditional ROI: 5.29%
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: 1.13% Traditional cash on cash: 4.32% Airbnb Rental Income: $1168 Traditional Rental Income: $1463 Airbnb ROI: 1.13% Traditional ROI: 4.32%
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: 1.01% Traditional cash on cash: 3.69% Airbnb Rental Income: $1144 Traditional Rental Income: $1472 Airbnb ROI: 1.01% Traditional ROI: 3.69%
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: 1.98% Airbnb Rental Income: $null Traditional Rental Income: $864 Airbnb ROI: N/A Traditional ROI: 1.98%
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: -1.05% Traditional cash on cash: 0.54% Airbnb Rental Income: $1826 Traditional Rental Income: $3333 Airbnb ROI: -1.05% Traditional ROI: 0.54%
22795 Almond Eastpointe, MI This is an assumable VA Loan for Veterans at a 3.1% interest rate! Looking for more squar...	3 beds \| 1 baths \| 1,357 sq.ft.	$125,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 11.35% Airbnb Rental Income: $584 Traditional Rental Income: $1700 Airbnb ROI: -0.3% Traditional ROI: 11.35%
969 Bloomfield Woods Bloomfield Hills, MI FIRST FLOOR PRIMARY! Sophisticated, elegant and private: This luxury detached condo locate...	3 beds \| 5 baths \| 2,710 sq.ft.	$1,399,000	Airbnb cash on cash: -2.63% Traditional cash on cash: 0.09% Airbnb Rental Income: $1079 Traditional Rental Income: $4247 Airbnb ROI: -2.63% Traditional ROI: 0.09%
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: -5.86% Traditional cash on cash: 1.51% Airbnb Rental Income: $410 Traditional Rental Income: $1136 Airbnb ROI: -5.86% 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: -0.07% Traditional cash on cash: 2.14% Airbnb Rental Income: $1991 Traditional Rental Income: $2709 Airbnb ROI: -0.07% Traditional ROI: 2.14%
172 Deer Path Lane Battle Creek, MI Welcome to Minges Farms! This updated 4 bedroom, 4 bath home offers the space and lifestyl...	4 beds \| 3 baths \| 2,970 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.3% Airbnb Rental Income: $null Traditional Rental Income: $2343 Airbnb ROI: N/A Traditional ROI: 3.3%
1575 Kellogg Road Brighton, MI Discover the perfect blend of convenience and tranquility in this exceptional property, id...	4 beds \| 3 baths \| 2,377 sq.ft.	$599,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 7.1% Airbnb Rental Income: $1708 Traditional Rental Income: $5040 Airbnb ROI: 0.3% Traditional ROI: 7.1%

Real Estate investment in Michigan

There are 17,617 properties available for sale in the state of Michigan. Bridgeport, Cassopolis and Grosse Ile are the best rental property markets in Michigan. The average median price of properties for sale in these cities are $281,333 and the average price per square foot is $0. Their average monthly cash on cash return is 5.33%.

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

There are 17,617 investment properties available for sale in Michigan.

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

In 2026, Bridgeport (6%) and Cassopolis (5%) 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

8118 Cheyenne Street

Detroit, MI

3 beds | 1 baths | 1,470 sq.ft.

$195,900

Airbnb cash on cash: -2.76%

Traditional cash on cash: 4.79%

Airbnb Rental Income: $269

Traditional Rental Income: $1440

Airbnb ROI: -2.76%

Traditional ROI: 4.79%

1021 Clear Creek Drive

Rochester Hills, MI

4 beds | 6 baths | 5,272 sq.ft.

$2,100,000

Airbnb cash on cash: -1.41%

Traditional cash on cash: -0.56%

Airbnb Rental Income: $1945

Traditional Rental Income: $3072

Airbnb ROI: -1.41%

Traditional ROI: -0.56%

2890 Barclay Way

Ann Arbor, MI

3 beds | 4 baths | 2,008 sq.ft.

$425,000

Airbnb cash on cash: -1.1%

Traditional cash on cash: 3.38%

Airbnb Rental Income: $1569

Traditional Rental Income: $2904

Airbnb ROI: -1.1%

Traditional ROI: 3.38%

2875 Trailwood Lane

Ann Arbor, MI

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

$945,000

Airbnb cash on cash: -0.44%

Traditional cash on cash: 1.87%

Airbnb Rental Income: $1777

Traditional Rental Income: $3329

Airbnb ROI: -0.44%

Traditional ROI: 1.87%

1661 Herrick Avenue NE

Grand Rapids, MI

3 beds | 1 baths | 1,088 sq.ft.

$279,000

Airbnb cash on cash: -0.99%

Traditional cash on cash: 5.57%

Airbnb Rental Income: $694

Traditional Rental Income: $2115

Airbnb ROI: -0.99%

Traditional ROI: 5.57%

1217 El Camino Drive NW

Grand Rapids, MI

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

$719,900

Airbnb cash on cash: -0.12%

Traditional cash on cash: 5.85%

Airbnb Rental Income: $1791

Traditional Rental Income: $5313

Airbnb ROI: -0.12%

Traditional ROI: 5.85%

484 Park Street

Birmingham, MI

4 beds | 4 baths | 4,055 sq.ft.

$1,895,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.49%

Airbnb Rental Income: $null

Traditional Rental Income: $7363

Airbnb ROI: N/A

Traditional ROI: 1.49%

1689 Morning Dew Drive SW

Byron Center, MI

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

$455,000

Airbnb cash on cash: 0.27%

Traditional cash on cash: 5.21%

Airbnb Rental Income: $1567

Traditional Rental Income: $3223

Airbnb ROI: 0.27%