Real Estate Investment Properties for Sale in Alpha, MI

Looking for investment property in Alpha, MI with high ROI ?

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
106 3rd St Alpha, MI Check out this updated 3 bed, 1 bath move-in ready home! Entering the home you walk into a...	3 beds \| 1 baths \| 1,288 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.17% Airbnb Rental Income: $null Traditional Rental Income: $1050 Airbnb ROI: N/A Traditional ROI: 4.17%
511 3rd St Alpha, MI This modern and spacious 3 bedroom, 2 bath home features a nice-sized living room with gas...	3 beds \| 2 baths \| 1,300 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.36% Airbnb Rental Income: $null Traditional Rental Income: $2437 Airbnb ROI: N/A Traditional ROI: 7.36%
650 Stager Rd Alpha, MI Two-Bedroom Camp on 80 Acres â A Hunterâs Paradise. Just off Stager Lake Road, this t...	2 beds \| N/A baths \| 572 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.46% Airbnb Rental Income: $null Traditional Rental Income: $1452 Airbnb ROI: N/A Traditional ROI: 6.46%
Investment Properties for Sale in Other Cities of Michigan
18217 Santa Rosa Dr Detroit , MI TENANT IN PLACE TO INCREASE YOUR PORTFOLIO 0R TO LIVE IN. AS IS SALE ONLY. 24 HOUR NOTICE ...	3 beds \| 1 baths \| 1,398 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.57% Airbnb Rental Income: $null Traditional Rental Income: $1677 Airbnb ROI: N/A Traditional ROI: 8.57%
5840 Northfield Pkwy Troy , MI ***This appealing condo was put on the market during the government shutdown and on into t...	3 beds \| 1 baths \| 1,410 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $2072 Airbnb ROI: N/A Traditional ROI: 3.76%
322 E Harrison Ave #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%
2597 W Towne Street Ann Arbor , MI This charming one-bedroom upper-level ranch condo offers a perfect blend of comfort and co...	1 beds \| 1 baths \| 918 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.84% Airbnb Rental Income: $null Traditional Rental Income: $1464 Airbnb ROI: N/A Traditional ROI: 1.84%
2875 Trailwood Lane Ann Arbor , MI Ann Arbor Twp Property Rare 10-acre Ann Arbor estate offering exceptional privacy, versati...	4 beds \| 4 baths \| 2,701 sq.ft.	$989,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.74% Airbnb Rental Income: $null Traditional Rental Income: $3329 Airbnb ROI: N/A Traditional ROI: 1.74%
3155 La Salle Drive Ann Arbor , MI Live 10 minutes from downtown Ann Arbor with a native wildflower meadow in your yard! Lovi...	3 beds \| 1 baths \| 1,220 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.05% Airbnb Rental Income: $null Traditional Rental Income: $2202 Airbnb ROI: N/A Traditional ROI: 3.05%
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%
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 St 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: N/A Traditional cash on cash: 5.4% Airbnb Rental Income: $null Traditional Rental Income: $1785 Airbnb ROI: N/A Traditional ROI: 5.4%
2839 Ruby Street Traverse City , MI Maintenance free living in the heart of it all allows for you to never worry about lawn an...	3 beds \| 2 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%
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.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.92% Airbnb Rental Income: $null Traditional Rental Income: $2306 Airbnb ROI: N/A Traditional ROI: 5.92%
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%
2900 E Jefferson Ave #C4 Detroit , MI 2 Bedroom, 2.5 bath condo in the fully remodeled Albert Kahn building, Garden Court, locat...	3 beds \| 2 baths \| 2,883 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.12% Airbnb Rental Income: $null Traditional Rental Income: $2255 Airbnb ROI: N/A Traditional ROI: 1.12%
18704 Sunderland Rd Detroit , MI Charming 2 bedroom ranch. Great for first time buyer or investor. Close to main streets, ...	3 beds \| 1 baths \| 1,420 sq.ft.	$135,500	Airbnb cash on cash: -2.01% Traditional cash on cash: 5.91% Airbnb Rental Income: $296 Traditional Rental Income: $1088 Airbnb ROI: -2.01% Traditional ROI: 5.91%

Real Estate investment in Alpha, MI

There are 5 properties for sale in the city of Alpha . The median list price in Alpha is $149,900 and the average price per square foot is $85. In February 2026, the average monthly cash on cash return in Alpha is 6.00%. The average monthly rental income in Alpha is $1,098.

Alpha, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 5 investment properties available for sale in Alpha.

In 2026, the best neighborhood to buy investment property is Alpha.

The ROI for Short-Term is higher than the Long-Term in Alpha with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Alpha, MI

106 3rd St

Alpha, MI

3 beds | 1 baths | 1,288 sq.ft.

$149,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.17%

Airbnb Rental Income: $null

Traditional Rental Income: $1050

Airbnb ROI: N/A

Traditional ROI: 4.17%

511 3rd St

Alpha, MI

3 beds | 2 baths | 1,300 sq.ft.

$279,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.36%

Airbnb Rental Income: $null

Traditional Rental Income: $2437

Airbnb ROI: N/A

Traditional ROI: 7.36%

650 Stager Rd

Alpha, MI

2 beds | N/A baths | 572 sq.ft.

$185,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.46%

Airbnb Rental Income: $null

Traditional Rental Income: $1452

Airbnb ROI: N/A

Traditional ROI: 6.46%

Investment Properties for Sale in Other Cities of Michigan

Detroit , MI

3 beds | 1 baths | 1,398 sq.ft.

$155,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.57%

Airbnb Rental Income: $null

Traditional Rental Income: $1677

Airbnb ROI: N/A

Traditional ROI: 8.57%

Troy , MI

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

$274,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2072

Airbnb ROI: N/A

Traditional ROI: 3.76%

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%

Ann Arbor , MI

1 beds | 1 baths | 918 sq.ft.

$275,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.84%

Airbnb Rental Income: $null

Traditional Rental Income: $1464

Airbnb ROI: N/A

Traditional ROI: 1.84%

Ann Arbor , MI

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

$989,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.74%

Airbnb Rental Income: $null

Traditional Rental Income: $3329

Airbnb ROI: N/A

Traditional ROI: 1.74%

Ann Arbor , MI

3 beds | 1 baths | 1,220 sq.ft.

$349,900