Real Estate Investment Properties for Sale in Bay City, MI

Looking for investment property in Bay City, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
720 S Sherman Street Bay City, MI Homes like this don't come along often! This move-in ready 2 bedroom home on the south end...	2 beds \| 1 baths \| 920 sq.ft.	$139,900	Airbnb cash on cash: 0.72% Traditional cash on cash: 6.17% Airbnb Rental Income: $857 Traditional Rental Income: $1257 Airbnb ROI: 0.72% Traditional ROI: 6.17%
704 Bay Bay City, MI This charming 3-bedroom, 2-bath ranch sits on a perfectly sized lot directly across from t...	3 beds \| 2 baths \| 1,750 sq.ft.	$175,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 5.82% Airbnb Rental Income: $946 Traditional Rental Income: $1483 Airbnb ROI: 0.52% Traditional ROI: 5.82%
509 Hill Bay City, MI Spacious 5-bedroom home in Bay City's East Side offering nearly 2,000 square feet of livin...	5 beds \| 2 baths \| 1,992 sq.ft.	$169,900	Airbnb cash on cash: 4.53% Traditional cash on cash: 11.44% Airbnb Rental Income: $1654 Traditional Rental Income: $2309 Airbnb ROI: 4.53% Traditional ROI: 11.44%
722 S Van Buren Bay City, MI This updated Bay City home offers 4 bedrooms and 2 full baths with extensive renovations i...	4 beds \| 2 baths \| 1,830 sq.ft.	$169,000	Airbnb cash on cash: -2.49% Traditional cash on cash: 10.78% Airbnb Rental Income: $377 Traditional Rental Income: $2262 Airbnb ROI: -2.49% Traditional ROI: 10.78%
1111 N Water #403 Bay City, MI Welcome to a rare opportunity to own one of Bay City's most distinguished waterfront resid...	4 beds \| 5 baths \| 4,617 sq.ft.	$1,195,000	Airbnb cash on cash: -3.15% Traditional cash on cash: 2.22% Airbnb Rental Income: $377 Traditional Rental Income: $6094 Airbnb ROI: -3.15% Traditional ROI: 2.22%
2309 Nurmi Bay City, MI Nurmi-built mid-century home with art deco flair in Bay City's Historic District! Offering...	4 beds \| 4 baths \| 2,894 sq.ft.	$345,000	Airbnb cash on cash: -2.43% Traditional cash on cash: 9.39% Airbnb Rental Income: $377 Traditional Rental Income: $3955 Airbnb ROI: -2.43% Traditional ROI: 9.39%
2300 S Lincoln Bay City, MI Recently remodeled home in a quiet Bay City neighborhood. Updates include LVP flooring and...	3 beds \| 1 baths \| 1,316 sq.ft.	$170,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 7.8% Airbnb Rental Income: $946 Traditional Rental Income: $1689 Airbnb ROI: 1.07% Traditional ROI: 7.8%
1870 Freeland Bay City, MI Experience Luxury Living on the beautiful refurbished Bay City Country Club! This stunning...	4 beds \| 5 baths \| 3,874 sq.ft.	$799,900	Airbnb cash on cash: -1.97% Traditional cash on cash: 4.51% Airbnb Rental Income: $377 Traditional Rental Income: $4953 Airbnb ROI: -1.97% Traditional ROI: 4.51%
1870 Morin Bay City, MI Welcome to 1870 Morin Street, a solid 1956 brick ranch offering 1,352 sq ft of comfortable...	3 beds \| 2 baths \| 1,353 sq.ft.	$249,900	Airbnb cash on cash: 0.25% Traditional cash on cash: 6.7% Airbnb Rental Income: $946 Traditional Rental Income: $2122 Airbnb ROI: 0.25% Traditional ROI: 6.7%
4454 E Park Bay City, MI Well build 2 bedroom, 2 1/2 bath brick & stone ranch home located in a desirable Bangor Tw...	2 beds \| 3 baths \| 1,998 sq.ft.	$240,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 8.05% Airbnb Rental Income: $857 Traditional Rental Income: $2490 Airbnb ROI: -0.61% Traditional ROI: 8.05%
3378 State St Bay City, MI Welcome to 3378 State Street Rd. Nestled on 4.5 scenic acres in Bangor Township, this vers...	3 beds \| 2 baths \| 1,484 sq.ft.	$349,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 4.57% Airbnb Rental Income: $946 Traditional Rental Income: $2169 Airbnb ROI: -0.21% Traditional ROI: 4.57%
3365 Old Kawkawlin Bay City, MI Stunning home on the Kawkawlin River! Walk in and enjoy the beautiful views of the river f...	3 beds \| 2 baths \| 2,500 sq.ft.	$725,000	Airbnb cash on cash: -1.78% Traditional cash on cash: 1.73% Airbnb Rental Income: $946 Traditional Rental Income: $2970 Airbnb ROI: -1.78% Traditional ROI: 1.73%
1229 MICHIGAN Bay City, MI Owner uses garage (24x24) as additional rec room with kitchen. Very nice home. Home is w...	3 beds \| 2 baths \| 1,313 sq.ft.	$199,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 7.69% Airbnb Rental Income: $946 Traditional Rental Income: $2020 Airbnb ROI: 0.17% Traditional ROI: 7.69%
5620 W Spring Knoll Drive Bay City, MI Enjoy easy carefree living in this beautiful, well maintained, and spacious stand alone co...	3 beds \| 3 baths \| 2,238 sq.ft.	$399,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 6.55% Airbnb Rental Income: $946 Traditional Rental Income: $3374 Airbnb ROI: -0.86% Traditional ROI: 6.55%
400 Fraser Bay City, MI Fully Updated Exterior & Spacious Living in Bay City! Enjoy peace of mind knowing the big-...	4 beds \| 1 baths \| 1,572 sq.ft.	$159,900	Airbnb cash on cash: -2.3% Traditional cash on cash: 8.17% Airbnb Rental Income: $377 Traditional Rental Income: $1723 Airbnb ROI: -2.3% Traditional ROI: 8.17%
4551 Westfield Bay City, MI Welcome to what could be your new home. This inviting ranch-style home features three comf...	3 beds \| 1 baths \| 1,380 sq.ft.	$183,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 6.98% Airbnb Rental Income: $946 Traditional Rental Income: $1745 Airbnb ROI: 0.39% Traditional ROI: 6.98%
2735 Inverness Bay City, MI This beautifully updated luxury condominium offers a blend of sophistication, comfort, and...	3 beds \| 3 baths \| 3,495 sq.ft.	$419,900	Airbnb cash on cash: -2.65% Traditional cash on cash: 2.55% Airbnb Rental Income: $946 Traditional Rental Income: $2647 Airbnb ROI: -2.65% Traditional ROI: 2.55%
423 Ingraham St Bay City, MI Cute 3 bedroom 1 bath Southend home with central air to keep you comfortable for the hot s...	3 beds \| 1 baths \| 970 sq.ft.	$104,900	Airbnb cash on cash: 2.47% Traditional cash on cash: 11.32% Airbnb Rental Income: $946 Traditional Rental Income: $1500 Airbnb ROI: 2.47% Traditional ROI: 11.32%
612 Bradfield Street Bay City, MI This is a fully operating short-term rental business with an estimated annual income of $4...	4 beds \| 1 baths \| 970 sq.ft.	$215,000	Airbnb cash on cash: -1.85% Traditional cash on cash: 5.31% Airbnb Rental Income: $377 Traditional Rental Income: $1584 Airbnb ROI: -1.85% Traditional ROI: 5.31%
39 Spruce Ridge Bay City, MI This beautifully updated home offers quality, comfort, and peace of mind throughout. This ...	3 beds \| 1 baths \| 1,024 sq.ft.	$179,900	Airbnb cash on cash: 0.44% Traditional cash on cash: 5.58% Airbnb Rental Income: $946 Traditional Rental Income: $1478 Airbnb ROI: 0.44% Traditional ROI: 5.58%
4736 Moeller Bay City, MI Highly sought after Monitor Township location! This beautifully updated 3 bedroom, 2 full ...	3 beds \| 2 baths \| 1,630 sq.ft.	$264,900	Airbnb cash on cash: -0.49% Traditional cash on cash: 6.33% Airbnb Rental Income: $946 Traditional Rental Income: $2306 Airbnb ROI: -0.49% Traditional ROI: 6.33%
5452 Goetz Bay City, MI Move-in ready and thoughtfully updated, this Monitor Township home offers the perfect blen...	3 beds \| 1 baths \| 1,040 sq.ft.	$180,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 6.72% Airbnb Rental Income: $946 Traditional Rental Income: $1675 Airbnb ROI: 0.44% Traditional ROI: 6.72%
3400 Fairway Bay City, MI PENDING - ALL open houses are cancelled. Welcome to this well-maintained 3-bedroom, 2.5-...	3 beds \| 3 baths \| 1,576 sq.ft.	$265,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 6.65% Airbnb Rental Income: $946 Traditional Rental Income: $2387 Airbnb ROI: -0.5% Traditional ROI: 6.65%
1808 S Farragut Bay City, MI Timeless Mid-Century character meets solid craftsmanship! This impeccably maintained brick...	3 beds \| 2 baths \| 1,498 sq.ft.	$209,900	Airbnb cash on cash: 0.03% Traditional cash on cash: 8.29% Airbnb Rental Income: $946 Traditional Rental Income: $2242 Airbnb ROI: 0.03% Traditional ROI: 8.29%
76 Cedar Bay City, MI All brick ranch with 2 bedroom and 1.5 baths, living room and family room and large open k...	2 beds \| 2 baths \| 1,656 sq.ft.	$169,900	Airbnb cash on cash: 0.16% Traditional cash on cash: 10.87% Airbnb Rental Income: $857 Traditional Rental Income: $2260 Airbnb ROI: 0.16% Traditional ROI: 10.87%
3076 Sherwood Lane Bay City, MI Ranch home in Bangor Township. 3 bedrooms, 3.5 baths, 2nd garage, and fenced yard.	3 beds \| 4 baths \| 2,553 sq.ft.	$325,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 7.32% Airbnb Rental Income: $946 Traditional Rental Income: $3102 Airbnb ROI: -0.87% Traditional ROI: 7.32%
811 Litchfield Bay City, MI 3 Bedroom home, with updated laminate floors and recently painted on first floor. Great c...	3 beds \| 1 baths \| 1,065 sq.ft.	$109,900	Airbnb cash on cash: 2.5% Traditional cash on cash: 11.36% Airbnb Rental Income: $946 Traditional Rental Income: $1542 Airbnb ROI: 2.5% Traditional ROI: 11.36%
389 Ricoma Beach Bay City, MI Experience bayfront living at its finest on Ricoma Beach. This stunning waterfront home of...	4 beds \| 3 baths \| 2,496 sq.ft.	$624,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 4.82% Airbnb Rental Income: $377 Traditional Rental Income: $3498 Airbnb ROI: -0.97% Traditional ROI: 4.82%
1121 W Midland Road Bay City, MI Conveniently located, this cute and updated home offers close proximity to the Tri-Cities,...	2 beds \| 1 baths \| 1,144 sq.ft.	$234,900	Airbnb cash on cash: 0.27% Traditional cash on cash: 4.15% Airbnb Rental Income: $857 Traditional Rental Income: $1386 Airbnb ROI: 0.27% Traditional ROI: 4.15%
3157 Coventry Bay City, MI Well-maintained bi-level home situated on one of the largest corner lots in the subdivisio...	3 beds \| 2 baths \| 1,398 sq.ft.	$229,900	Airbnb cash on cash: 0.55% Traditional cash on cash: 5.41% Airbnb Rental Income: $946 Traditional Rental Income: $1657 Airbnb ROI: 0.55% Traditional ROI: 5.41%

Real Estate investment in Bay-city, MI

There are 47 properties for sale in the city of Bay City . The median list price in Bay City is $172,500 and the average price per square foot is $103. In April 2026, the average monthly cash on cash return in Bay City is 8.00%. The average monthly rental income in Bay City is $1,894.

Bay-city, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 47 investment properties available for sale in Bay-city.

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

The ROI for Short-Term is higher than the Long-Term in Bay-city with average rental income of $946.

Your search for investment property begins and ends here

Investment Property for Sale in Bay City, MI

720 S Sherman Street

Bay City, MI

2 beds | 1 baths | 920 sq.ft.

$139,900

Airbnb cash on cash: 0.72%

Traditional cash on cash: 6.17%

Airbnb Rental Income: $857

Traditional Rental Income: $1257

Airbnb ROI: 0.72%

Traditional ROI: 6.17%

704 Bay

Bay City, MI

3 beds | 2 baths | 1,750 sq.ft.

$175,000

Airbnb cash on cash: 0.52%

Traditional cash on cash: 5.82%

Airbnb Rental Income: $946

Traditional Rental Income: $1483

Airbnb ROI: 0.52%

Traditional ROI: 5.82%

509 Hill

Bay City, MI

5 beds | 2 baths | 1,992 sq.ft.

$169,900

Airbnb cash on cash: 4.53%

Traditional cash on cash: 11.44%

Airbnb Rental Income: $1654

Traditional Rental Income: $2309

Airbnb ROI: 4.53%

Traditional ROI: 11.44%

722 S Van Buren

Bay City, MI

4 beds | 2 baths | 1,830 sq.ft.

$169,000

Airbnb cash on cash: -2.49%

Traditional cash on cash: 10.78%

Airbnb Rental Income: $377

Traditional Rental Income: $2262

Airbnb ROI: -2.49%

Traditional ROI: 10.78%

1111 N Water #403

Bay City, MI

4 beds | 5 baths | 4,617 sq.ft.

$1,195,000

Airbnb cash on cash: -3.15%

Traditional cash on cash: 2.22%

Airbnb Rental Income: $377

Traditional Rental Income: $6094

Airbnb ROI: -3.15%

Traditional ROI: 2.22%

2309 Nurmi

Bay City, MI

4 beds | 4 baths | 2,894 sq.ft.

$345,000

Airbnb cash on cash: -2.43%

Traditional cash on cash: 9.39%

Airbnb Rental Income: $377

Traditional Rental Income: $3955

Airbnb ROI: -2.43%

Traditional ROI: 9.39%

2300 S Lincoln

Bay City, MI

3 beds | 1 baths | 1,316 sq.ft.

$170,000

Airbnb cash on cash: 1.07%

Traditional cash on cash: 7.8%

Airbnb Rental Income: $946

Traditional Rental Income: $1689

Airbnb ROI: 1.07%

Traditional ROI: 7.8%

1870 Freeland

Bay City, MI

4 beds | 5 baths | 3,874 sq.ft.

$799,900

Airbnb cash on cash: -1.97%

Traditional cash on cash: 4.51%

Airbnb Rental Income: $377

Traditional Rental Income: $4953

Airbnb ROI: -1.97%