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
2777 E Fisher Bay City, MI Desirable Monitor Township Home. Living room with wood burning fireplace, large dining ro...	3 beds \| 2 baths \| 1,380 sq.ft.	$219,900	Airbnb cash on cash: -0.99% Traditional cash on cash: 6.27% Airbnb Rental Income: $720 Traditional Rental Income: $1922 Airbnb ROI: -0.99% Traditional ROI: 6.27%
17 Cove Bay City, MI Beautiful ranch condo featuring 2 bedrooms & 2 full baths overlooking the Saginaw River. S...	2 beds \| 2 baths \| 1,521 sq.ft.	$245,900	Airbnb cash on cash: -1.72% Traditional cash on cash: 1.2% Airbnb Rental Income: $1029 Traditional Rental Income: $1347 Airbnb ROI: -1.72% Traditional ROI: 1.2%
701 Center Avenue Bay City, MI Welcome to 701 Center Ave, a beautifully restored Second Empire home built in 1876 by Jame...	17 beds \| N/A baths \| N/A	$859,900	Airbnb cash on cash: -1.57% Traditional cash on cash: -0.73% Airbnb Rental Income: $1228 Traditional Rental Income: $1510 Airbnb ROI: -1.57% Traditional ROI: -0.73%
105 Parkwood Bay City, MI A Rare Piece of Bay City History â 105 Parkwood Court Step into timeless elegance with ...	4 beds \| 4 baths \| 4,219 sq.ft.	$474,900	Airbnb cash on cash: -1.06% Traditional cash on cash: 6.67% Airbnb Rental Income: $1119 Traditional Rental Income: $4177 Airbnb ROI: -1.06% Traditional ROI: 6.67%
706 N Linn Street Bay City, MI This two-unit multi-family property provides a straightforward investment opportunity with...	6 beds \| N/A baths \| N/A	$158,000	Airbnb cash on cash: 2.92% Traditional cash on cash: 7.46% Airbnb Rental Income: $1228 Traditional Rental Income: $1520 Airbnb ROI: 2.92% Traditional ROI: 7.46%
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: -2.6% Traditional cash on cash: 2.22% Airbnb Rental Income: $1119 Traditional Rental Income: $6094 Airbnb ROI: -2.6% Traditional ROI: 2.22%
3823 Utah Bay City, MI BEST WATERFRONT BUY IN BANGOR TOWNSHIP! Fabulous Kawkawlin River location....lovely views!...	3 beds \| 1 baths \| 1,312 sq.ft.	$325,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 3.58% Airbnb Rental Income: $720 Traditional Rental Income: $1958 Airbnb ROI: -1.48% Traditional ROI: 3.58%
203 W Jenny Street Bay City, MI A very spacious 1200+ square foot welcoming home. This beautifully renovated home has been...	3 beds \| 3 baths \| 1,233 sq.ft.	$195,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 9.56% Airbnb Rental Income: $720 Traditional Rental Income: $2243 Airbnb ROI: -0.33% Traditional ROI: 9.56%
1 Nelson Bay City, MI This stunning 1910 bungalow nestled near Bay City's charming Carroll park is full of time...	4 beds \| 4 baths \| 3,287 sq.ft.	$399,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 8.62% Airbnb Rental Income: $1119 Traditional Rental Income: $4225 Airbnb ROI: -0.66% Traditional ROI: 8.62%
208 34th Bay City, MI OPEN HOUSE SATURDAY 10/18/25 1-4, come stop in! WANTED: New Family! IMMEDIATE OCCUPANCY a...	4 beds \| 1 baths \| 1,456 sq.ft.	$137,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 10.74% Airbnb Rental Income: $1119 Traditional Rental Income: $1865 Airbnb ROI: 2.21% Traditional ROI: 10.74%
803 S Warner Bay City, MI Welcome home to 803 S Warner - a meticulously updated home that balances comfort, function...	4 beds \| 2 baths \| 936 sq.ft.	$164,500	Airbnb cash on cash: 1.92% Traditional cash on cash: 10.08% Airbnb Rental Income: $1119 Traditional Rental Income: $2024 Airbnb ROI: 1.92% Traditional ROI: 10.08%
305 Marston Street Bay City, MI Are you looking for your your first home? Ready to downsize? This is the place!! This coz...	2 beds \| 1 baths \| 948 sq.ft.	$105,000	Airbnb cash on cash: 3.62% Traditional cash on cash: 9.97% Airbnb Rental Income: $1029 Traditional Rental Income: $1315 Airbnb ROI: 3.62% Traditional ROI: 9.97%
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.	$369,900	Airbnb cash on cash: -0.65% Traditional cash on cash: 8.6% Airbnb Rental Income: $1119 Traditional Rental Income: $3955 Airbnb ROI: -0.65% Traditional ROI: 8.6%
917 N Water Bay City, MI Welcome to one of Downtown Bay City's most coveted addresses. This elegant second-floor re...	2 beds \| 3 baths \| 2,195 sq.ft.	$515,000	Airbnb cash on cash: -2.45% Traditional cash on cash: 1.73% Airbnb Rental Income: $1029 Traditional Rental Income: $2679 Airbnb ROI: -2.45% Traditional ROI: 1.73%
1014 S Farragut Bay City, MI Come see this recently remodeled 1862 sq ft 4-bedroom 2 full bath home. Located in the sou...	4 beds \| 2 baths \| 1,862 sq.ft.	$169,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 11.78% Airbnb Rental Income: $1119 Traditional Rental Income: $2508 Airbnb ROI: 0.89% Traditional ROI: 11.78%
2300 S Lincoln Bay City, MI Updated 3 Bedroom 1 Bath home on Â½ acre lot near bike paths with full basement offering f...	3 beds \| 1 baths \| 1,316 sq.ft.	$164,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 7.37% Airbnb Rental Income: $720 Traditional Rental Income: $1689 Airbnb ROI: -0.8% Traditional ROI: 7.37%
901 Germania Street Bay City, MI 901 Germania Street in Bay City is a solid 4-unit income property producing steady rental ...	4 beds \| N/A baths \| N/A	$280,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 3.75% Airbnb Rental Income: $1119 Traditional Rental Income: $1538 Airbnb ROI: 0.74% Traditional ROI: 3.75%
3112 Gaslight Drive Bay City, MI Very desirable condo, end unit in Gaslight Village Condominiums. Enjoy condo living- let s...	3 beds \| 2 baths \| 1,600 sq.ft.	$295,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 5.25% Airbnb Rental Income: $720 Traditional Rental Income: $2253 Airbnb ROI: -1.38% Traditional ROI: 5.25%
2825 N Euclid Bay City, MI Wonderful Bangor Township 3 bedroom, 2 bath home with open floor plan. Fully enclosed sun ...	3 beds \| 2 baths \| 1,343 sq.ft.	$154,900	Airbnb cash on cash: -0.69% Traditional cash on cash: 9.87% Airbnb Rental Income: $720 Traditional Rental Income: $1975 Airbnb ROI: -0.69% Traditional ROI: 9.87%
2810 Mix Bay City, MI 2-bedroom 1-bath home in the South End of Bay City. Detached garage and fenced-in back yar...	2 beds \| 1 baths \| 840 sq.ft.	$104,900	Airbnb cash on cash: 2.63% Traditional cash on cash: 10.3% Airbnb Rental Income: $1029 Traditional Rental Income: $1449 Airbnb ROI: 2.63% Traditional ROI: 10.3%
3106 S Euclid Bay City, MI Come check this one out before it's gone! This house has a nice deck that would be perfect...	3 beds \| 2 baths \| 1,356 sq.ft.	$159,900	Airbnb cash on cash: 0.31% Traditional cash on cash: 11.38% Airbnb Rental Income: $720 Traditional Rental Income: $2101 Airbnb ROI: 0.31% Traditional ROI: 11.38%
915 N Water Bay City, MI Stunning luxury condo that has been completely renovated with exquisite finishes and style...	2 beds \| 3 baths \| 2,147 sq.ft.	$550,000	Airbnb cash on cash: -2.32% Traditional cash on cash: 1.76% Airbnb Rental Income: $1029 Traditional Rental Income: $2767 Airbnb ROI: -2.32% Traditional ROI: 1.76%
39 Salzburg Bay City, MI Rare 4 unit rental home in Monitor township! 3 one bedroom units and one 2 bedroom unit w...	5 beds \| 4 baths \| 2,513 sq.ft.	$250,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 11.3% Airbnb Rental Income: $1228 Traditional Rental Income: $3257 Airbnb ROI: 1.04% Traditional ROI: 11.3%
1901 S Mountain Bay City, MI Welcome to 1901 S Mountain Street in the heart of Bay City, Michigan! This charming proper...	3 beds \| 2 baths \| 952 sq.ft.	$132,500	Airbnb cash on cash: 0.35% Traditional cash on cash: 10.8% Airbnb Rental Income: $720 Traditional Rental Income: $1741 Airbnb ROI: 0.35% Traditional ROI: 10.8%
526 Green Bay City, MI 526 Green Avenue, Bay City - Mid Century Modern Beauty Step inside this beautifully renov...	3 beds \| 3 baths \| 2,434 sq.ft.	$445,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 5.18% Airbnb Rental Income: $720 Traditional Rental Income: $3078 Airbnb ROI: -1.22% Traditional ROI: 5.18%
2209 32nd Bay City, MI South End Charmer! Donât miss this beautifully updated 4-bedroom, 2-bath Cape Cod home ...	4 beds \| 2 baths \| 1,200 sq.ft.	$160,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 10.85% Airbnb Rental Income: $1119 Traditional Rental Income: $2069 Airbnb ROI: 2.18% Traditional ROI: 10.85%
2147 7th Bay City, MI A very well-loved home owned for over 40 yrs by the same family is waiting for its new own...	3 beds \| 2 baths \| 1,874 sq.ft.	$219,900	Airbnb cash on cash: -0.67% Traditional cash on cash: 8.93% Airbnb Rental Income: $720 Traditional Rental Income: $2409 Airbnb ROI: -0.67% Traditional ROI: 8.93%
2221 Carroll Bay City, MI BEAUTIFUL BRICK 4 Bedroom, 3 Bath Home at CARROLL PARK! Hardwood floors mostly throughout....	4 beds \| 3 baths \| 1,773 sq.ft.	$309,500	Airbnb cash on cash: -0.17% Traditional cash on cash: 6.99% Airbnb Rental Income: $1119 Traditional Rental Income: $2826 Airbnb ROI: -0.17% Traditional ROI: 6.99%
2710 22nd Bay City, MI This well-kept Portsmouth Township brick ranch offers 3 generously sized bedrooms, an upda...	3 beds \| 1 baths \| 1,147 sq.ft.	$179,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 7.23% Airbnb Rental Income: $720 Traditional Rental Income: $1704 Airbnb ROI: -0.33% Traditional ROI: 7.23%

Real Estate investment in Bay-city, MI

There are 38 properties for sale in the city of Bay City . The median list price in Bay City is $156,450 and the average price per square foot is $96. In October 2025, the average monthly cash on cash return in Bay City is 10.00%. The average monthly rental income in Bay City is $1,958.

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

There are 38 investment properties available for sale in Bay-city.

In 2025, 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 $720.

Your search for investment property begins and ends here

Investment Property for Sale in Bay City, MI

2777 E Fisher

Bay City, MI

3 beds | 2 baths | 1,380 sq.ft.

$219,900

Airbnb cash on cash: -0.99%

Traditional cash on cash: 6.27%

Airbnb Rental Income: $720

Traditional Rental Income: $1922

Airbnb ROI: -0.99%

Traditional ROI: 6.27%

17 Cove

Bay City, MI

2 beds | 2 baths | 1,521 sq.ft.

$245,900

Airbnb cash on cash: -1.72%

Traditional cash on cash: 1.2%

Airbnb Rental Income: $1029

Traditional Rental Income: $1347

Airbnb ROI: -1.72%

Traditional ROI: 1.2%

701 Center Avenue

Bay City, MI

17 beds | N/A baths | N/A

$859,900

Airbnb cash on cash: -1.57%

Traditional cash on cash: -0.73%

Airbnb Rental Income: $1228

Traditional Rental Income: $1510

Airbnb ROI: -1.57%

Traditional ROI: -0.73%

105 Parkwood

Bay City, MI

4 beds | 4 baths | 4,219 sq.ft.

$474,900

Airbnb cash on cash: -1.06%

Traditional cash on cash: 6.67%

Airbnb Rental Income: $1119

Traditional Rental Income: $4177

Airbnb ROI: -1.06%

Traditional ROI: 6.67%

706 N Linn Street

Bay City, MI

6 beds | N/A baths | N/A

$158,000

Airbnb cash on cash: 2.92%

Traditional cash on cash: 7.46%

Airbnb Rental Income: $1228

Traditional Rental Income: $1520

Airbnb ROI: 2.92%

Traditional ROI: 7.46%

1111 N Water #403

Bay City, MI

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

$1,195,000

Airbnb cash on cash: -2.6%

Traditional cash on cash: 2.22%

Airbnb Rental Income: $1119

Traditional Rental Income: $6094

Airbnb ROI: -2.6%

Traditional ROI: 2.22%

3823 Utah

Bay City, MI

3 beds | 1 baths | 1,312 sq.ft.

$325,000

Airbnb cash on cash: -1.48%

Traditional cash on cash: 3.58%

Airbnb Rental Income: $720

Traditional Rental Income: $1958

Airbnb ROI: -1.48%

Traditional ROI: 3.58%

203 W Jenny Street

Bay City, MI

3 beds | 3 baths | 1,233 sq.ft.

$195,000

Airbnb cash on cash: -0.33%

Traditional cash on cash: 9.56%

Airbnb Rental Income: $720

Traditional Rental Income: $2243

Airbnb ROI: -0.33%