Real Estate Investment Properties for Sale in Applegate, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7194 Townsend Road Applegate, MI Lexington Township: Ranch Home with Finished Lower Level in Croswell-Lexington School Dist...	3 beds \| 4 baths \| 3,422 sq.ft.	$399,900	Airbnb cash on cash: 2.38% Traditional cash on cash: 7.4% Airbnb Rental Income: $2155 Traditional Rental Income: $3490 Airbnb ROI: 2.38% Traditional ROI: 7.4%
625 Elk Creek Road Applegate, MI Country living at its finest! Set on 10 secluded acres with the Elk River running through ...	4 beds \| 3 baths \| 4,200 sq.ft.	$674,900	Airbnb cash on cash: 1.54% Traditional cash on cash: 1.31% Airbnb Rental Income: $3414 Traditional Rental Income: $2507 Airbnb ROI: 1.54% Traditional ROI: 1.31%
Investment Properties for Sale in Other Cities of Michigan
1021 Clear Creek Drive Rochester Hills , MI EXCEPTIONALLY RARE OPPORTUNITY to SECURE the "Idea Show House" Model in Prestigious & High...	4 beds \| 5 baths \| 5,272 sq.ft.	$1,997,500	Airbnb cash on cash: -1.56% Traditional cash on cash: 0.48% Airbnb Rental Income: $1646 Traditional Rental Income: $4965 Airbnb ROI: -1.56% Traditional ROI: 0.48%
66 WINDER Street #332 Detroit , MI Beautiful Corner Loft with Amazing Views of Downtown Skyline. Located in Popular Brush Par...	2 beds \| 2 baths \| 1,446 sq.ft.	$399,900	Airbnb cash on cash: 1.64% Traditional cash on cash: 3.72% Airbnb Rental Income: $2528 Traditional Rental Income: $2697 Airbnb ROI: 1.64% Traditional ROI: 3.72%
112 Watson St Detroit , MI 112 Watson St, Detroit, MI 48201 \| Condo/Coop	1 beds \| 1 baths \| 803 sq.ft.	$249,900	Airbnb cash on cash: 0.52% Traditional cash on cash: -0.21% Airbnb Rental Income: $1797 Traditional Rental Income: $1137 Airbnb ROI: 0.52% Traditional ROI: -0.21%
1135 Shelby Street #2404 Detroit , MI Priced to SELL + PRISTINE inside and available FULLY FURNISHED! Own a piece of Detroit his...	2 beds \| 2 baths \| 1,355 sq.ft.	$399,000	Airbnb cash on cash: -4.51% Traditional cash on cash: -3.2% Airbnb Rental Income: $2470 Traditional Rental Income: $2359 Airbnb ROI: -4.51% Traditional ROI: -3.2%
273 E Palmer St Detroit , MI 273 E Palmer St, Detroit, MI 48202 \| Condo/Coop	3 beds \| 3 baths \| 2,254 sq.ft.	$399,900	Airbnb cash on cash: -0.56% Traditional cash on cash: 3.63% Airbnb Rental Income: $1688 Traditional Rental Income: $2789 Airbnb ROI: -0.56% Traditional ROI: 3.63%
7108 Lexington Street Detroit , MI Welcome to this charming 4-bedroom, 1-bath Detroit home offering a great combination of co...	4 beds \| 1 baths \| 1,428 sq.ft.	$159,995	Airbnb cash on cash: N/A Traditional cash on cash: 8.36% Airbnb Rental Income: $null Traditional Rental Income: $1665 Airbnb ROI: N/A Traditional ROI: 8.36%
1830 Bridge Street NW Grand Rapids , MI Welcome to 1830 Bridge Street, a beautifully maintained Tudor filled with timeless charact...	3 beds \| 3 baths \| 2,131 sq.ft.	$725,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 2.25% Airbnb Rental Income: $2322 Traditional Rental Income: $2987 Airbnb ROI: 0.41% Traditional ROI: 2.25%
940 Monroe Avenue NW #221 Grand Rapids , MI Perfectly positioned on the second floor, this western-facing urban retreat blends the arc...	2 beds \| 1 baths \| 936 sq.ft.	$315,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 1.17% Airbnb Rental Income: $1645 Traditional Rental Income: $1301 Airbnb ROI: 0.76% Traditional ROI: 1.17%
4293 Cidermill Drive #19 Wayland , MI Welcome to effortless, low-maintenance living in the highly desirable Harvest Meadows comm...	2 beds \| 1 baths \| 980 sq.ft.	$234,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 1.31% Airbnb Rental Income: $1470 Traditional Rental Income: $864 Airbnb ROI: 2.09% Traditional ROI: 1.31%
711 Kayser Avenue Royal Oak , MI Move-in ready and freshly painted throughout, this charming Royal Oak ranch sits shaded be...	3 beds \| 2 baths \| 1,560 sq.ft.	$309,900	Airbnb cash on cash: 2.09% Traditional cash on cash: 4.69% Airbnb Rental Income: $1884 Traditional Rental Income: $2139 Airbnb ROI: 2.09% Traditional ROI: 4.69%
2400 Guthrie Avenue Royal Oak , MI Welcome to 2400 Guthrie Avenue, a 3-bedroom, 2-bath bungalow offering approximately 1,200 ...	3 beds \| 2 baths \| 1,215 sq.ft.	$225,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 5.23% Airbnb Rental Income: $1884 Traditional Rental Income: $1845 Airbnb ROI: 3.05% Traditional ROI: 5.23%
432 S Washington Avenue #1804 Royal Oak , MI Downtown penthouse living reaches new heights from the 18th floor, where panoramic city vi...	2 beds \| 3 baths \| 2,277 sq.ft.	$699,000	Airbnb cash on cash: -3.7% Traditional cash on cash: -0.42% Airbnb Rental Income: $1520 Traditional Rental Income: $3218 Airbnb ROI: -3.7% Traditional ROI: -0.42%
1327 Alicia Court Royal Oak , MI Welcome to 1327 Alicia Ct, a 4-bedroom Royal Oak home for sale in the desirable Vinsetta a...	4 beds \| 3 baths \| 1,800 sq.ft.	$570,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 1.87% Airbnb Rental Income: $2417 Traditional Rental Income: $2657 Airbnb ROI: 0.31% Traditional ROI: 1.87%
4428 N Verona Circle Royal Oak , MI OPEN HOUSE Saturday 11/7 from 11AM-1PM This beautifully landscaped brick ranch in nor...	3 beds \| 2 baths \| 1,362 sq.ft.	$398,900	Airbnb cash on cash: 0.72% Traditional cash on cash: 2.42% Airbnb Rental Income: $1884 Traditional Rental Income: $2018 Airbnb ROI: 0.72% Traditional ROI: 2.42%
1009 Adams Street SE Grand Rapids , MI Completely remodeled and move-in ready! This 3-bedroom, 1.5-bath Grand Rapids home feature...	3 beds \| 2 baths \| 1,349 sq.ft.	$249,900	Airbnb cash on cash: 6.49% Traditional cash on cash: 6.49% Airbnb Rental Income: $2597 Traditional Rental Income: $1977 Airbnb ROI: 6.49% Traditional ROI: 6.49%

Real Estate investment in Applegate, MI

There are 2 properties for sale in the city of Applegate . The median list price in Applegate is $257,500 and the average price per square foot is $100. In November 2026, the average monthly cash on cash return in Applegate is 4.00%. The average monthly rental income in Applegate is $2,999.

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

There are 2 investment properties available for sale in Applegate.

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

The ROI for Long-Term is higher than the Short-Term in Applegate with average rental income of $2,999.

Your search for investment property begins and ends here

Investment Property for Sale in Applegate, MI

7194 Townsend Road

Applegate, MI

3 beds | 4 baths | 3,422 sq.ft.

$399,900

Airbnb cash on cash: 2.38%

Traditional cash on cash: 7.4%

Airbnb Rental Income: $2155

Traditional Rental Income: $3490

Airbnb ROI: 2.38%

Traditional ROI: 7.4%

625 Elk Creek Road

Applegate, MI

4 beds | 3 baths | 4,200 sq.ft.

$674,900

Airbnb cash on cash: 1.54%

Traditional cash on cash: 1.31%

Airbnb Rental Income: $3414

Traditional Rental Income: $2507

Airbnb ROI: 1.54%

Traditional ROI: 1.31%

Investment Properties for Sale in Other Cities of Michigan

Rochester Hills , MI

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

$1,997,500

Airbnb cash on cash: -1.56%

Traditional cash on cash: 0.48%

Airbnb Rental Income: $1646

Traditional Rental Income: $4965

Airbnb ROI: -1.56%

Traditional ROI: 0.48%

Detroit , MI

2 beds | 2 baths | 1,446 sq.ft.

$399,900

Airbnb cash on cash: 1.64%

Traditional cash on cash: 3.72%

Airbnb Rental Income: $2528

Traditional Rental Income: $2697

Airbnb ROI: 1.64%

Traditional ROI: 3.72%

Detroit , MI

1 beds | 1 baths | 803 sq.ft.

$249,900

Airbnb cash on cash: 0.52%

Traditional cash on cash: -0.21%

Airbnb Rental Income: $1797

Traditional Rental Income: $1137

Airbnb ROI: 0.52%

Traditional ROI: -0.21%

Detroit , MI

2 beds | 2 baths | 1,355 sq.ft.

$399,000

Airbnb cash on cash: -4.51%

Traditional cash on cash: -3.2%

Airbnb Rental Income: $2470

Traditional Rental Income: $2359

Airbnb ROI: -4.51%

Traditional ROI: -3.2%

Detroit , MI

3 beds | 3 baths | 2,254 sq.ft.

$399,900

Airbnb cash on cash: -0.56%

Traditional cash on cash: 3.63%

Airbnb Rental Income: $1688

Traditional Rental Income: $2789

Airbnb ROI: -0.56%

Traditional ROI: 3.63%

Detroit , MI

4 beds | 1 baths | 1,428 sq.ft.

$159,995

Airbnb cash on cash: N/A

Traditional cash on cash: 8.36%

Airbnb Rental Income: $null

Traditional Rental Income: $1665

Airbnb ROI: N/A

Traditional ROI: 8.36%

Grand Rapids , MI

3 beds | 3 baths | 2,131 sq.ft.

$725,000

Airbnb cash on cash: 0.41%