Real Estate Investment Properties for Sale in Michigan

Looking for investment property in Michigan with high ROI ?

Explore a variety of short-term homes & houses in Michigan. Invest wisely with VRBO & Michigan Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Ernest Investment Property for Sale in Michigan

Search for Ernest Investment Property for Sale in Michigan. Browse all of Mashvisor’s Ernest Investment Property listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 19,626 Ernest Investment Property listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
8118 Cheyenne Street Detroit, MI WELCOME HOME TO THIS WONDERFUL 3 BEDROOM BRICK BUNGLOW, NESTLED IN THE BEAUTIFUL AVIATION ...	3 beds \| 1 baths \| 1,470 sq.ft.	$195,900	Airbnb cash on cash: -2.76% Traditional cash on cash: 4.4% Airbnb Rental Income: $269 Traditional Rental Income: $1368 Airbnb ROI: -2.76% Traditional ROI: 4.4%
1021 Clear Creek Drive Rochester Hills, MI EXCEPTIONALLY RARE OPPORTUNITY to SECURE the "Idea Show House" Model in Prestigious & High...	4 beds \| 6 baths \| 5,272 sq.ft.	$2,100,000	Airbnb cash on cash: -1.41% Traditional cash on cash: -0.56% Airbnb Rental Income: $1945 Traditional Rental Income: $3072 Airbnb ROI: -1.41% Traditional ROI: -0.56%
1205 N Wilson Avenue Royal Oak, MI This charming three-bedroom, 1 1/2-bath bungalow in Royal Oak lives larger than expected w...	3 beds \| 2 baths \| 1,058 sq.ft.	$315,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 4.74% Airbnb Rental Income: $1020 Traditional Rental Income: $2208 Airbnb ROI: -0.48% Traditional ROI: 4.74%
5205 Cadieux Rd Detroit, MI 5205 Cadieux Rd, Detroit, MI 48224 \| Single Family Residential	3 beds \| 2 baths \| 1,992 sq.ft.	$121,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 7.81% Airbnb Rental Income: $494 Traditional Rental Income: $1296 Airbnb ROI: -1.39% Traditional ROI: 7.81%
2890 Barclay Way Ann Arbor, MI Welcome to this spacious end-unit condominium in the highly desirable Barclay Park communi...	3 beds \| 4 baths \| 2,008 sq.ft.	$425,000	Airbnb cash on cash: -1.1% Traditional cash on cash: 3.38% Airbnb Rental Income: $1569 Traditional Rental Income: $2904 Airbnb ROI: -1.1% Traditional ROI: 3.38%
2875 Trailwood Lane Ann Arbor, MI Ann Arbor Twp Property Refreshed and ready for spring. Rare 10-acre Ann Arbor estate offer...	4 beds \| 4 baths \| 2,701 sq.ft.	$945,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 1.87% Airbnb Rental Income: $1777 Traditional Rental Income: $3329 Airbnb ROI: -0.44% Traditional ROI: 1.87%
1661 Herrick Avenue NE Grand Rapids, MI Set on a quiet, tree lined street, this charming 3 bed, 1 bath ranch offers easy one level...	3 beds \| 1 baths \| 1,088 sq.ft.	$279,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 5.57% Airbnb Rental Income: $694 Traditional Rental Income: $2115 Airbnb ROI: -0.99% Traditional ROI: 5.57%
1217 El Camino Drive NW Grand Rapids, MI Exceptional residence offering a rare sense of privacy and a refined, collected aesthetic,...	4 beds \| 5 baths \| 4,689 sq.ft.	$719,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 5.85% Airbnb Rental Income: $1791 Traditional Rental Income: $5313 Airbnb ROI: -0.12% Traditional ROI: 5.85%
484 Park Street Birmingham, MI This sophisticated, custom built home in Birmingham's ''Little San Francisco'' neighborhoo...	4 beds \| 4 baths \| 4,055 sq.ft.	$1,895,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.49% Airbnb Rental Income: $null Traditional Rental Income: $7363 Airbnb ROI: N/A Traditional ROI: 1.49%
1689 Morning Dew Drive SW Byron Center, MI You will LOVE this Farmhouse-style 2 story home nestled in the very sought-after Byron Cen...	4 beds \| 4 baths \| 2,650 sq.ft.	$455,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 5.21% Airbnb Rental Income: $1567 Traditional Rental Income: $3223 Airbnb ROI: 0.27% Traditional ROI: 5.21%
4313 Berkshire Road Royal Oak, MI Cute, Cozy, Clean 3 bedroom 2 full bathroom ranch with attached garage and bonus Three sea...	3 beds \| 2 baths \| 1,200 sq.ft.	$359,000	Airbnb cash on cash: -1.34% Traditional cash on cash: 3.25% Airbnb Rental Income: $1020 Traditional Rental Income: $2208 Airbnb ROI: -1.34% Traditional ROI: 3.25%
1507 E 5th Street Royal Oak, MI WALK TO DOWNTOWN ROYAL OAK - WITHOUT THE DOWNTOWN PRICE TAG! Tucked away on a quiet, tree...	3 beds \| 2 baths \| 1,432 sq.ft.	$385,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 3.39% Airbnb Rental Income: $1020 Traditional Rental Income: $2208 Airbnb ROI: -0.9% Traditional ROI: 3.39%
117 N Dorchester Avenue Royal Oak, MI Immediate occupancy for this beautiful newer craftsman home with charming front porch. Bri...	4 beds \| 4 baths \| 2,380 sq.ft.	$735,000	Airbnb cash on cash: -1.59% Traditional cash on cash: 1.34% Airbnb Rental Income: $1105 Traditional Rental Income: $2736 Airbnb ROI: -1.59% Traditional ROI: 1.34%
819 Irving Avenue Royal Oak, MI A stunning 4-bedroom, 3.5-bath luxury home with walking distance to Downtown Royal Oak. Th...	4 beds \| 4 baths \| 3,705 sq.ft.	$923,000	Airbnb cash on cash: -1.43% Traditional cash on cash: 0.91% Airbnb Rental Income: $1105 Traditional Rental Income: $2736 Airbnb ROI: -1.43% Traditional ROI: 0.91%
432 S Washington Avenue #1804 Royal Oak, MI Positioned on the 18th floor, this refined residence delivers elevated urban living with p...	2 beds \| 3 baths \| 2,277 sq.ft.	$999,000	Airbnb cash on cash: -3.54% Traditional cash on cash: -2.09% Airbnb Rental Income: $796 Traditional Rental Income: $1824 Airbnb ROI: -3.54% Traditional ROI: -2.09%
1300 E Lafayette St #1812 Detroit, MI 1300 E Lafayette St #1812, Detroit, MI 48207 \| Condo/Coop	2 beds \| 2 baths \| 1,210 sq.ft.	$269,000	Airbnb cash on cash: -5.96% Traditional cash on cash: -5.41% Airbnb Rental Income: $1660 Traditional Rental Income: $1332 Airbnb ROI: -5.96% Traditional ROI: -5.41%
7409 2nd Avenue #8 Detroit, MI Enjoy easy city living in the heart of New Center, just steps from the iconic Fisher Build...	1 beds \| 1 baths \| 760 sq.ft.	$150,000	Airbnb cash on cash: -6.28% Traditional cash on cash: -2.06% Airbnb Rental Income: $509 Traditional Rental Income: $840 Airbnb ROI: -6.28% Traditional ROI: -2.06%
8200 Jefferson Ave E #803 Detroit, MI 8200 Jefferson Ave E #803, Detroit, MI 48214 \| Condo/Coop	2 beds \| 2 baths \| 1,142 sq.ft.	$201,000	Airbnb cash on cash: -8.27% Traditional cash on cash: -1.89% Airbnb Rental Income: $347 Traditional Rental Income: $1318 Airbnb ROI: -8.27% Traditional ROI: -1.89%
108 Henderson Place Cadillac, MI NOT FOR RENT: Even more adorable and cozy than it looks! This turn key tiny home is well b...	1 beds \| 1 baths \| 400 sq.ft.	$149,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 2.87% Airbnb Rental Income: $584 Traditional Rental Income: $735 Airbnb ROI: -0.2% Traditional ROI: 2.87%
549 Detroit Street 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: -0.68% Traditional cash on cash: 5.4% Airbnb Rental Income: $749 Traditional Rental Income: $1785 Airbnb ROI: -0.68% Traditional ROI: 5.4%
2839 Ruby Street Traverse City, MI Welcome to 2839 Ruby St, a stunning new home in one of Traverse Cityâs most sought-after...	3 beds \| 3 baths \| 1,626 sq.ft.	$454,690	Airbnb cash on cash: -0.28% Traditional cash on cash: 3.53% Airbnb Rental Income: $1110 Traditional Rental Income: $2358 Airbnb ROI: -0.28% Traditional ROI: 3.53%
5202 Devonshire Rd Detroit, MI TURNKEY TENANT OCCUPIED! Combined monthly rent $1175. Don't miss out on this 2 story M...	4 beds \| 2 baths \| 2,148 sq.ft.	$159,000	Airbnb cash on cash: -1.62% Traditional cash on cash: 11.06% Airbnb Rental Income: $502 Traditional Rental Income: $2155 Airbnb ROI: -1.62% Traditional ROI: 11.06%
535 Woodland St Detroit, MI Beautiful home with natural hardwood floors and original touches such as crown moldings. G...	3 beds \| 2 baths \| 1,472 sq.ft.	$169,900	Airbnb cash on cash: -1.16% Traditional cash on cash: 7.7% Airbnb Rental Income: $406 Traditional Rental Income: $1584 Airbnb ROI: -1.16% Traditional ROI: 7.7%
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: -4.31% Traditional cash on cash: 1.12% Airbnb Rental Income: $728 Traditional Rental Income: $2255 Airbnb ROI: -4.31% 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.	$131,500	Airbnb cash on cash: -1.45% Traditional cash on cash: 6.11% Airbnb Rental Income: $385 Traditional Rental Income: $1088 Airbnb ROI: -1.45% Traditional ROI: 6.11%
2400 Troon South #4002 Bellaire, MI Enjoy views of the 18th hole and pond at the Lodge at Cedar River Village. This updated 1...	1 beds \| 1 baths \| 594 sq.ft.	$119,000	Airbnb cash on cash: -7.44% Traditional cash on cash: 2.29% Airbnb Rental Income: $410 Traditional Rental Income: $1270 Airbnb ROI: -7.44% Traditional ROI: 2.29%
2993 Emerald Isle Traverse City, MI Discover easy living in this beautifully maintained 2-bedroom, 2-bath condo perfectly situ...	2 beds \| 2 baths \| 962 sq.ft.	$319,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 3.4% Airbnb Rental Income: $1218 Traditional Rental Income: $1592 Airbnb ROI: 0.84% Traditional ROI: 3.4%
8151 Rolyat Street Detroit, MI OPORTUNITY!!! New on the market this gem in a perfect location. This nice brick house is l...	4 beds \| 2 baths \| 128 sq.ft.	$99,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 5.59% Airbnb Rental Income: $748 Traditional Rental Income: $1042 Airbnb ROI: -0.72% Traditional ROI: 5.59%
1300 E LAFAYETTE Street #1509 Detroit, MI Welcome to your upper level luxurious lifestyle condo! The unit is located on the (15th fl...	1 beds \| 1 baths \| 800 sq.ft.	$72,000	Airbnb cash on cash: -12.44% Traditional cash on cash: 2.08% Airbnb Rental Income: $746 Traditional Rental Income: $1468 Airbnb ROI: -12.44% Traditional ROI: 2.08%
5504 Buckingham Ave Detroit, MI Spend the holiday in your new home! This home offers tons of charm- Updates Galore! Hardwo...	3 beds \| 1 baths \| 1,674 sq.ft.	$160,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 5.8% Airbnb Rental Income: $1039 Traditional Rental Income: $1303 Airbnb ROI: 1.7% Traditional ROI: 5.8%
7050 Loud Drive Oscoda, MI This unique one of a kind 5.22 acre property is a dream! The Multi-level 2,352 sq ft house...	3 beds \| 2 baths \| 2,352 sq.ft.	$475,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 4.27% Airbnb Rental Income: $1149 Traditional Rental Income: $2619 Airbnb ROI: 0.11% Traditional ROI: 4.27%
15805 Lindsay Street Detroit, MI Welcome to 15805 Lindsay St, a beautifully renovated 2-bedroom, 2-bath ranch situated in o...	2 beds \| 2 baths \| 1,254 sq.ft.	$139,900	Airbnb cash on cash: -3.31% Traditional cash on cash: 10.97% Airbnb Rental Income: $410 Traditional Rental Income: $2069 Airbnb ROI: -3.31% Traditional ROI: 10.97%
17103 Patton St Detroit, MI The property is tenant occupied with a paying tenant at $600 a month. Please do not distur...	3 beds \| 1 baths \| 1,375 sq.ft.	$220,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 4.4% Airbnb Rental Income: $562 Traditional Rental Income: $1320 Airbnb ROI: -0.59% Traditional ROI: 4.4%
6491 Stahelin Avenue Detroit, MI Make this 3 bedrooms your primary residence or investment property. Near Warrendale and mi...	3 beds \| 1 baths \| 1,129 sq.ft.	$119,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 7.44% Airbnb Rental Income: $496 Traditional Rental Income: $1162 Airbnb ROI: -0.72% Traditional ROI: 7.44%
206 Boardman Avenue Traverse City, MI Welcome to the coveted Brownstones in downtown Traverse City! This beautifully updated 2-b...	2 beds \| 3 baths \| 1,432 sq.ft.	$999,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 1.4% Airbnb Rental Income: $793 Traditional Rental Income: $2465 Airbnb ROI: -0.75% Traditional ROI: 1.4%
135 Montgomery Road South Boardman, MI 3 bedroom, 2 bath ranch, 37 acres with multiple habitat types with varying topographies. ...	3 beds \| 2 baths \| 1,804 sq.ft.	$474,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 4.37% Airbnb Rental Income: $965 Traditional Rental Income: $2610 Airbnb ROI: -0.12% Traditional ROI: 4.37%
2140 Chelsea Lane Traverse City, MI Discover peaceful, nature-filled living in this beautifully maintained 4-bedroom, 3-bath c...	4 beds \| 3 baths \| 3,144 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.8% Airbnb Rental Income: $null Traditional Rental Income: $3391 Airbnb ROI: N/A Traditional ROI: 3.8%

Your search for investment property begins and ends here

Ernest Investment Property for Sale in Michigan

8118 Cheyenne Street

Detroit, MI

3 beds | 1 baths | 1,470 sq.ft.

$195,900

Airbnb cash on cash: -2.76%

Traditional cash on cash: 4.4%

Airbnb Rental Income: $269

Traditional Rental Income: $1368

Airbnb ROI: -2.76%

Traditional ROI: 4.4%

1021 Clear Creek Drive

Rochester Hills, MI

4 beds | 6 baths | 5,272 sq.ft.

$2,100,000

Airbnb cash on cash: -1.41%

Traditional cash on cash: -0.56%

Airbnb Rental Income: $1945

Traditional Rental Income: $3072

Airbnb ROI: -1.41%

Traditional ROI: -0.56%

1205 N Wilson Avenue

Royal Oak, MI

3 beds | 2 baths | 1,058 sq.ft.

$315,000

Airbnb cash on cash: -0.48%

Traditional cash on cash: 4.74%

Airbnb Rental Income: $1020

Traditional Rental Income: $2208

Airbnb ROI: -0.48%

Traditional ROI: 4.74%

5205 Cadieux Rd

Detroit, MI

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

$121,000

Airbnb cash on cash: -1.39%

Traditional cash on cash: 7.81%

Airbnb Rental Income: $494

Traditional Rental Income: $1296

Airbnb ROI: -1.39%

Traditional ROI: 7.81%

2890 Barclay Way

Ann Arbor, MI

3 beds | 4 baths | 2,008 sq.ft.

$425,000

Airbnb cash on cash: -1.1%

Traditional cash on cash: 3.38%

Airbnb Rental Income: $1569

Traditional Rental Income: $2904

Airbnb ROI: -1.1%

Traditional ROI: 3.38%

2875 Trailwood Lane

Ann Arbor, MI

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

$945,000

Airbnb cash on cash: -0.44%

Traditional cash on cash: 1.87%

Airbnb Rental Income: $1777

Traditional Rental Income: $3329

Airbnb ROI: -0.44%

Traditional ROI: 1.87%

1661 Herrick Avenue NE

Grand Rapids, MI

3 beds | 1 baths | 1,088 sq.ft.

$279,000

Airbnb cash on cash: -0.99%

Traditional cash on cash: 5.57%

Airbnb Rental Income: $694

Traditional Rental Income: $2115

Airbnb ROI: -0.99%

Traditional ROI: 5.57%

1217 El Camino Drive NW

Grand Rapids, MI

4 beds | 5 baths | 4,689 sq.ft.

$719,900

Airbnb cash on cash: -0.12%

Traditional cash on cash: 5.85%

Airbnb Rental Income: $1791

Traditional Rental Income: $5313

Airbnb ROI: -0.12%