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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
106 3rd 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: 4.52% Traditional cash on cash: 4.17% Airbnb Rental Income: $1548 Traditional Rental Income: $1050 Airbnb ROI: 4.52% Traditional ROI: 4.17%
511 3rd 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: 2.3% Traditional cash on cash: 7.36% Airbnb Rental Income: $1548 Traditional Rental Income: $2437 Airbnb ROI: 2.3% Traditional ROI: 7.36%
Investment Properties for Sale in Other Cities of Michigan
940 Monroe Avenue NW unit: 549 #549 Grand Rapids , MI Welcome to the top floor at Boardwalk Condo's - easy and convenient living at its finest! ...	2 beds \| 2 baths \| 1,315 sq.ft.	$355,000	Airbnb cash on cash: -2.17% Traditional cash on cash: 1.84% Airbnb Rental Income: $1465 Traditional Rental Income: $2368 Airbnb ROI: -2.17% Traditional ROI: 1.84%
1083 N Livernois Road Rochester Hills , MI Beautiful open-concept home featuring a spacious dining and great room area with a stunnin...	3 beds \| 4 baths \| 2,848 sq.ft.	$595,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 3.56% Airbnb Rental Income: $1301 Traditional Rental Income: $3261 Airbnb ROI: -0.7% Traditional ROI: 3.56%
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: -2.09% Traditional cash on cash: 0.98% Airbnb Rental Income: $1341 Traditional Rental Income: $1895 Airbnb ROI: -2.09% Traditional ROI: 0.98%
1769 W Warren Avenue Detroit , MI Updated Investor Special â Prime Turnkey Duplex in Detroit â Now $385,000! Welcome to...	N/A beds \| 2 baths \| 2,238 sq.ft.	$385,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 4.25% Airbnb Rental Income: $703 Traditional Rental Income: $2131 Airbnb ROI: -0.56% Traditional ROI: 4.25%
600 Monroe Avenue NW unit: 409 #409 Grand Rapids , MI Modern Top-Floor Loft in Prime Downtown Grand Rapids Location Welcome to this stunning top...	1 beds \| 2 baths \| 1,110 sq.ft.	$299,900	Airbnb cash on cash: -2.2% Traditional cash on cash: 1.04% Airbnb Rental Income: $1199 Traditional Rental Income: $1724 Airbnb ROI: -2.2% Traditional ROI: 1.04%
2644 Maplewood Ann Arbor , MI Bungalow on tree canopied street in South East Ann Arbor - 2.8 miles from the "BIG HOUSE"....	2 beds \| 2 baths \| 1,052 sq.ft.	$359,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.48% Airbnb Rental Income: $1240 Traditional Rental Income: $1779 Airbnb ROI: -0.3% Traditional ROI: 2.48%
1020 Miller Road Plainwell , MI Step back in time with this stunning 1857 colonial-style farmhouse on 3 private acres! One...	3 beds \| N/A baths \| 2,412 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.09% Airbnb Rental Income: $null Traditional Rental Income: $2689 Airbnb ROI: N/A Traditional ROI: 5.09%
1540 Jones Drive Ann Arbor , MI This dramatic midcentury home is architecturally stunning, featuring Desert Masonry firepl...	2 beds \| 2 baths \| 1,635 sq.ft.	$675,000	Airbnb cash on cash: -1.72% Traditional cash on cash: 0.98% Airbnb Rental Income: $1240 Traditional Rental Income: $2544 Airbnb ROI: -1.72% Traditional ROI: 0.98%
955 Wakefield Street Birmingham , MI Convenient, close to town location in Birmingham. 4BR 2.5 Bath 2023-24 renovated colonial ...	4 beds \| 3 baths \| 2,423 sq.ft.	$990,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.13% Airbnb Rental Income: $null Traditional Rental Income: $3130 Airbnb ROI: N/A Traditional ROI: 1.13%
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: -1.67% Traditional cash on cash: 0.33% Airbnb Rental Income: $1695 Traditional Rental Income: $2838 Airbnb ROI: -1.67% Traditional ROI: 0.33%
1217 El Camino Drive NW Grand Rapids , MI Step into a home where artistry meets everyday comfort. Professionally curated by an inter...	4 beds \| 5 baths \| 5,102 sq.ft.	$799,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 5.19% Airbnb Rental Income: $2298 Traditional Rental Income: $5313 Airbnb ROI: 0.38% Traditional ROI: 5.19%
1008 ANN Street Birmingham , MI Experience the best of Birmingham living in this beautifully renovated three story, privat...	2 beds \| 4 baths \| 1,690 sq.ft.	$699,000	Airbnb cash on cash: -2.48% Traditional cash on cash: -0.32% Airbnb Rental Income: $1480 Traditional Rental Income: $2453 Airbnb ROI: -2.48% Traditional ROI: -0.32%
811 Fairmount Street SE Grand Rapids , MI New Price! $374,900 - Updated East Hills Gem Near Wealthy Street Welcome to 811 Fairmount ...	4 beds \| 2 baths \| 2,159 sq.ft.	$374,900	Airbnb cash on cash: 3.36% Traditional cash on cash: 4.57% Airbnb Rental Income: $2575 Traditional Rental Income: $2382 Airbnb ROI: 3.36% Traditional ROI: 4.57%
2517 N Wilson Avenue Royal Oak , MI Welcome to 2517 N. Wilson Ave! This clean and well-maintained bungalow perfectly blends o...	3 beds \| 1 baths \| 1,032 sq.ft.	$324,900	Airbnb cash on cash: 0.43% Traditional cash on cash: 2.33% Airbnb Rental Income: $1438 Traditional Rental Income: $1591 Airbnb ROI: 0.43% Traditional ROI: 2.33%

Real Estate investment in Alpha, MI

There are 2 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 $130. In October 2025, the average monthly cash on cash return in Alpha is 7.00%. The average monthly rental income in Alpha is $1,538.

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

There are 2 investment properties available for sale in Alpha.

In 2025, the best neighborhood to buy investment property is Alpha.

The ROI for Long-Term is higher than the Short-Term in Alpha with average rental income of $1,538.

Your search for investment property begins and ends here

Investment Property for Sale in Alpha, MI

106 3rd

Alpha, MI

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

$149,900

Airbnb cash on cash: 4.52%

Traditional cash on cash: 4.17%

Airbnb Rental Income: $1548

Traditional Rental Income: $1050

Airbnb ROI: 4.52%

Traditional ROI: 4.17%

511 3rd

Alpha, MI

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

$279,900

Airbnb cash on cash: 2.3%

Traditional cash on cash: 7.36%

Airbnb Rental Income: $1548

Traditional Rental Income: $2437

Airbnb ROI: 2.3%

Traditional ROI: 7.36%

Investment Properties for Sale in Other Cities of Michigan

Grand Rapids , MI

2 beds | 2 baths | 1,315 sq.ft.

$355,000

Airbnb cash on cash: -2.17%

Traditional cash on cash: 1.84%

Airbnb Rental Income: $1465

Traditional Rental Income: $2368

Airbnb ROI: -2.17%

Traditional ROI: 1.84%

Rochester Hills , MI

3 beds | 4 baths | 2,848 sq.ft.

$595,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: 3.56%

Airbnb Rental Income: $1301

Traditional Rental Income: $3261

Airbnb ROI: -0.7%

Traditional ROI: 3.56%

Royal Oak , MI

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

$334,900

Airbnb cash on cash: -2.09%

Traditional cash on cash: 0.98%

Airbnb Rental Income: $1341

Traditional Rental Income: $1895

Airbnb ROI: -2.09%

Traditional ROI: 0.98%

Detroit , MI

N/A beds | 2 baths | 2,238 sq.ft.

$385,000

Airbnb cash on cash: -0.56%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $703

Traditional Rental Income: $2131

Airbnb ROI: -0.56%

Traditional ROI: 4.25%

Grand Rapids , MI

1 beds | 2 baths | 1,110 sq.ft.

$299,900

Airbnb cash on cash: -2.2%

Traditional cash on cash: 1.04%

Airbnb Rental Income: $1199

Traditional Rental Income: $1724

Airbnb ROI: -2.2%

Traditional ROI: 1.04%

Ann Arbor , MI

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

$359,000

Airbnb cash on cash: -0.3%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $1240

Traditional Rental Income: $1779

Airbnb ROI: -0.3%

Traditional ROI: 2.48%

Plainwell , MI

3 beds | N/A baths | 2,412 sq.ft.

$375,000

Airbnb cash on cash: N/A