Real Estate Investment Properties for Sale in Leonard, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4912 Rosy Drive Leonard, MI Beautiful custom all-brick ranch on just over an acre in desirable Leonard, offering luxur...	3 beds \| 3 baths \| 2,543 sq.ft.	$634,900	Airbnb cash on cash: -0.94% Traditional cash on cash: 2.17% Airbnb Rental Income: $1344 Traditional Rental Income: $2777 Airbnb ROI: -0.94% Traditional ROI: 2.17%
4742 Rosy Dr Leonard, MI Welcome to this beautifully crafted modern farmhouse ranch that perfectly blends contempor...	4 beds \| 2 baths \| 5,200 sq.ft.	$839,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.35% Airbnb Rental Income: $null Traditional Rental Income: $2801 Airbnb ROI: N/A Traditional ROI: 2.35%
4664 Rosy Drive Leonard, MI UNDER CONSTRUCTION...This all brick & stone ranch offers 3 bedrooms, including a spacious ...	3 beds \| 3 baths \| 2,400 sq.ft.	$699,900	Airbnb cash on cash: 0.23% Traditional cash on cash: 3.6% Airbnb Rental Income: $1344 Traditional Rental Income: $3133 Airbnb ROI: 0.23% Traditional ROI: 3.6%
940 Rowland Rd Leonard, MI Rural living but still close to downtown Oxford, Lake Orion, and Rochester. Tons of outdoo...	4 beds \| 2 baths \| 2,683 sq.ft.	$580,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.89% Airbnb Rental Income: $null Traditional Rental Income: $2521 Airbnb ROI: N/A Traditional ROI: 2.89%
4590 Secord Lake Rd Leonard, MI To Follow!	3 beds \| 2 baths \| 2,842 sq.ft.	$305,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 5.44% Airbnb Rental Income: $1344 Traditional Rental Income: $2137 Airbnb ROI: 1.24% Traditional ROI: 5.44%
2442 Meadow Ct Leonard, MI This custom built all brick ranch exceeds expectation. Structurally, mechanically with sop...	5 beds \| 3 baths \| 5,122 sq.ft.	$999,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 1.55% Airbnb Rental Income: $1976 Traditional Rental Income: $3257 Airbnb ROI: -0.38% Traditional ROI: 1.55%
1600 Moffat Rd Leonard, MI Sharp ranch on 1.3 wooded acres with lake privillages on Lakeville Lake( a 15ft. walking s...	3 beds \| 2 baths \| 2,782 sq.ft.	$499,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 2.13% Airbnb Rental Income: $1344 Traditional Rental Income: $1841 Airbnb ROI: 0.18% Traditional ROI: 2.13%
781 Windy Fields Ct Leonard, MI Private 3.3-Acre estate on all sports Lakeville Lake. This custom built 1 1/2 story home ...	4 beds \| 4 baths \| 4,690 sq.ft.	$2,200,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.07% Airbnb Rental Income: $null Traditional Rental Income: $3547 Airbnb ROI: N/A Traditional ROI: -0.07%
3371 Noble Rd Leonard, MI This Historic Farm is well known as the premier Barnhart Sport Shooting Range established ...	3 beds \| 2 baths \| 2,400 sq.ft.	$3,499,999	Airbnb cash on cash: -0.92% Traditional cash on cash: -0.15% Airbnb Rental Income: $1344 Traditional Rental Income: $3428 Airbnb ROI: -0.92% Traditional ROI: -0.15%
270 N Rochester Rd Leonard, MI Set on over 24 beautifully maintained acres, this premier boarding facility-formerly a ren...	1 beds \| 1 baths \| 25,000 sq.ft.	$1,890,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.2% Airbnb Rental Income: $null Traditional Rental Income: $673 Airbnb ROI: N/A Traditional ROI: -2.2%
433 Rochester Rd Leonard, MI 433 Rochester Rd, Leonard, MI 48367 \| Other	N/A beds \| N/A baths \| N/A	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.98% Airbnb Rental Income: $null Traditional Rental Income: $626 Airbnb ROI: N/A Traditional ROI: 0.98%
0000 Hagerman Leonard, MI 0000 Hagerman, Leonard, MI 48367 \| Other	N/A beds \| N/A baths \| N/A	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.26% Airbnb Rental Income: $null Traditional Rental Income: $626 Airbnb ROI: N/A Traditional ROI: -0.26%
0000 Round Lake Ln Leonard, MI 0000 Round Lake Ln, Leonard, MI 48367 \| Other	N/A beds \| N/A baths \| N/A	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.63% Airbnb Rental Income: $null Traditional Rental Income: $626 Airbnb ROI: N/A Traditional ROI: -0.63%
00000 Hagerman Parcel 5 Rd Leonard, MI 00000 Hagerman Parcel 5 Rd, Leonard, MI 48367 \| Other	N/A beds \| N/A baths \| N/A	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.35% Airbnb Rental Income: $null Traditional Rental Income: $640 Airbnb ROI: N/A Traditional ROI: -1.35%
00 Hagerman Parcel 2 Rd Leonard, MI 00 Hagerman Parcel 2 Rd, Leonard, MI 48367 \| Other	N/A beds \| N/A baths \| N/A	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.71% Airbnb Rental Income: $null Traditional Rental Income: $640 Airbnb ROI: N/A Traditional ROI: -0.71%
4464 Fisher Estates Ln Leonard, MI This homes recent use was an assisted living home built to State specs. Purchaser could co...	4 beds \| 2 baths \| 2,591 sq.ft.	$529,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.28% Airbnb Rental Income: $null Traditional Rental Income: $2663 Airbnb ROI: N/A Traditional ROI: 3.28%
755 E Romeo Road Leonard, MI Don't miss the opportunity to own this beautiful property! The home fronts a pond and sits...	4 beds \| 3 baths \| 2,480 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.82% Airbnb Rental Income: $null Traditional Rental Income: $2929 Airbnb ROI: N/A Traditional ROI: 3.82%
2356 Rochester Rd Leonard, MI 2356 Rochester Rd, Leonard, MI 48367 \| Single Family Residential	3 beds \| 2 baths \| 1,973 sq.ft.	$479,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 1.95% Airbnb Rental Income: $1344 Traditional Rental Income: $2101 Airbnb ROI: -0.66% Traditional ROI: 1.95%
2411 Farmbrook Trl Leonard, MI 2411 Farmbrook Trl, Leonard, MI 48370 \| Single Family Residential	4 beds \| 3 baths \| 3,400 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.22% Airbnb Rental Income: $null Traditional Rental Income: $3020 Airbnb ROI: N/A Traditional ROI: 2.22%
850 Frick Rd Leonard, MI Welcome to one of the most unique residential properties in Michigan. Situated on 13 priva...	4 beds \| 4 baths \| 4,770 sq.ft.	$1,224,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.55% Airbnb Rental Income: $null Traditional Rental Income: $3607 Airbnb ROI: N/A Traditional ROI: 0.55%
2344 Rochester Rd Leonard, MI Spacious ranch on just over 2 beautiful acres in desirable Leonard, just minutes from Lake...	3 beds \| 1 baths \| 1,697 sq.ft.	$410,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 1.13% Airbnb Rental Income: $1344 Traditional Rental Income: $1224 Airbnb ROI: 0.36% Traditional ROI: 1.13%
425 Courtney Rd Leonard, MI Private Country Living on 9.16 Acres with Two Lakefront Lots!Enjoy peaceful country living...	3 beds \| 2 baths \| 6,445 sq.ft.	$849,900	Airbnb cash on cash: -1.41% Traditional cash on cash: -0.38% Airbnb Rental Income: $1344 Traditional Rental Income: $1747 Airbnb ROI: -1.41% Traditional ROI: -0.38%
657 DONNA MAE Leonard, MI 657 Donna Mae, Leonard, MI 48367 \| Other	N/A beds \| N/A baths \| N/A	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.53% Airbnb Rental Income: $null Traditional Rental Income: $643 Airbnb ROI: N/A Traditional ROI: 0.53%
4196 Hosner Rd Leonard, MI Tucked away on 1.8 private wooded acres, this updated contemporary home offers the perfect...	4 beds \| 2 baths \| 1,900 sq.ft.	$615,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.99% Airbnb Rental Income: $null Traditional Rental Income: $2357 Airbnb ROI: N/A Traditional ROI: 1.99%
1205 Yule Rd Leonard, MI 1205 Yule Rd, Leonard, MI 48367 \| Single Family Residential	3 beds \| 2 baths \| 3,870 sq.ft.	$724,900	Airbnb cash on cash: -1.29% Traditional cash on cash: -0.08% Airbnb Rental Income: $1344 Traditional Rental Income: $1747 Airbnb ROI: -1.29% Traditional ROI: -0.08%
Hagerman Rd Leonard, MI Hagerman Rd, Leonard, MI 48367 \| Other	N/A beds \| N/A baths \| N/A	$1,140,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.01% Airbnb Rental Income: $null Traditional Rental Income: $643 Airbnb ROI: N/A Traditional ROI: -2.01%
00 Hagerman Rd Leonard, MI 00 Hagerman Rd, Leonard, MI 48367 \| Other	N/A beds \| N/A baths \| N/A	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.18% Airbnb Rental Income: $null Traditional Rental Income: $643 Airbnb ROI: N/A Traditional ROI: 0.18%
2691 Fox Cv Leonard, MI 2691 Fox Cv, Leonard, MI 48370 \| Single Family Residential	3 beds \| 2 baths \| 3,824 sq.ft.	$775,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 0.62% Airbnb Rental Income: $1344 Traditional Rental Income: $2389 Airbnb ROI: -1.38% Traditional ROI: 0.62%
1371 E Leonard Rd Leonard, MI 1371 E Leonard Rd, Leonard, MI 48367 \| Single Family Residential	4 beds \| 2 baths \| 1,540 sq.ft.	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.96% Airbnb Rental Income: $null Traditional Rental Income: $1925 Airbnb ROI: N/A Traditional ROI: 3.96%
445 Mack Rd Leonard, MI 445 Mack Rd, Leonard, MI 48367 \| Single Family Residential	4 beds \| 2 baths \| 2,500 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.14% Airbnb Rental Income: $null Traditional Rental Income: $2282 Airbnb ROI: N/A Traditional ROI: 4.14%
0000 E Leonard Rd Leonard, MI 0000 E Leonard Rd, Leonard, MI 48367 \| Other	N/A beds \| N/A baths \| N/A	$119,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.28% Airbnb Rental Income: $null Traditional Rental Income: $643 Airbnb ROI: N/A Traditional ROI: 2.28%
1405 McKail Rd Leonard, MI 1405 Mckail Rd, Leonard, MI 48367 \| Single Family Residential	4 beds \| 2 baths \| 3,214 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.71% Airbnb Rental Income: $null Traditional Rental Income: $2271 Airbnb ROI: N/A Traditional ROI: 1.71%
00 Mack Rd Leonard, MI 00 Mack Rd, Leonard, MI 48367 \| Other	N/A beds \| N/A baths \| N/A	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.38% Airbnb Rental Income: $null Traditional Rental Income: $643 Airbnb ROI: N/A Traditional ROI: 0.38%
4633 Rosy Dr Leonard, MI 4633 Rosy Dr, Leonard, MI 48428 \| Single Family Residential	3 beds \| 2 baths \| 4,800 sq.ft.	$739,900	Airbnb cash on cash: -1.32% Traditional cash on cash: 1.08% Airbnb Rental Income: $1344 Traditional Rental Income: $2582 Airbnb ROI: -1.32% Traditional ROI: 1.08%
5675 36 Mile Rd Leonard, MI 5675 36 Mile Rd, Leonard, MI 48065 \| Single Family Residential	3 beds \| 2 baths \| 3,176 sq.ft.	$724,900	Airbnb cash on cash: -1.29% Traditional cash on cash: 0.56% Airbnb Rental Income: $1344 Traditional Rental Income: $2182 Airbnb ROI: -1.29% Traditional ROI: 0.56%
210 Mayfield Leonard, MI 210 Mayfield, Leonard, MI 48367 \| Single Family Residential	3 beds \| 2 baths \| 3,631 sq.ft.	$499,900	Airbnb cash on cash: -0.87% Traditional cash on cash: 0.87% Airbnb Rental Income: $1344 Traditional Rental Income: $1747 Airbnb ROI: -0.87% Traditional ROI: 0.87%
1920 Deer Run Ln Leonard, MI 1920 Deer Run Ln, Leonard, MI 48367 \| Other	N/A beds \| N/A baths \| N/A	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.48% Airbnb Rental Income: $null Traditional Rental Income: $665 Airbnb ROI: N/A Traditional ROI: 1.48%
960 Rochester Rd Leonard, MI 960 Rochester Rd, Leonard, MI 48367 \| Other	N/A beds \| N/A baths \| N/A	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.21% Airbnb Rental Income: $null Traditional Rental Income: $661 Airbnb ROI: N/A Traditional ROI: 1.21%
78718 Pearl Dr Leonard, MI 78718 Pearl Dr, Leonard, MI 48065 \| Single Family Residential	3 beds \| 2 baths \| 2,624 sq.ft.	$509,900	Airbnb cash on cash: -0.77% Traditional cash on cash: 1.91% Airbnb Rental Income: $1344 Traditional Rental Income: $2210 Airbnb ROI: -0.77% Traditional ROI: 1.91%
2524 Curtis Rd Leonard, MI 2524 Curtis Rd, Leonard, MI 48367 \| Single Family Residential	4 beds \| 3 baths \| 3,025 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.91% Airbnb Rental Income: $null Traditional Rental Income: $2785 Airbnb ROI: N/A Traditional ROI: 1.91%

Real Estate investment in Leonard, MI

There are 40 properties for sale in the city of Leonard . The median list price in Leonard is $304,918 and the average price per square foot is $81. In October 2026, the average monthly cash on cash return in Leonard is 1.00%. The average monthly rental income in Leonard is $2,118.

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

There are 40 investment properties available for sale in Leonard.

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

The ROI for Long-Term is higher than the Short-Term in Leonard with average rental income of $2,118.

Your search for investment property begins and ends here

Investment Property for Sale in Leonard, MI

4912 Rosy Drive

Leonard, MI

3 beds | 3 baths | 2,543 sq.ft.

$634,900

Airbnb cash on cash: -0.94%

Traditional cash on cash: 2.17%

Airbnb Rental Income: $1344

Traditional Rental Income: $2777

Airbnb ROI: -0.94%

Traditional ROI: 2.17%

4742 Rosy Dr

Leonard, MI

4 beds | 2 baths | 5,200 sq.ft.

$839,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.35%

Airbnb Rental Income: $null

Traditional Rental Income: $2801

Airbnb ROI: N/A

Traditional ROI: 2.35%

4664 Rosy Drive

Leonard, MI

3 beds | 3 baths | 2,400 sq.ft.

$699,900

Airbnb cash on cash: 0.23%

Traditional cash on cash: 3.6%

Airbnb Rental Income: $1344

Traditional Rental Income: $3133

Airbnb ROI: 0.23%

Traditional ROI: 3.6%

940 Rowland Rd

Leonard, MI

4 beds | 2 baths | 2,683 sq.ft.

$580,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.89%

Airbnb Rental Income: $null

Traditional Rental Income: $2521

Airbnb ROI: N/A

Traditional ROI: 2.89%

4590 Secord Lake Rd

Leonard, MI

3 beds | 2 baths | 2,842 sq.ft.

$305,000

Airbnb cash on cash: 1.24%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $1344

Traditional Rental Income: $2137

Airbnb ROI: 1.24%

Traditional ROI: 5.44%

2442 Meadow Ct

Leonard, MI

5 beds | 3 baths | 5,122 sq.ft.

$999,000

Airbnb cash on cash: -0.38%

Traditional cash on cash: 1.55%

Airbnb Rental Income: $1976

Traditional Rental Income: $3257

Airbnb ROI: -0.38%

Traditional ROI: 1.55%

1600 Moffat Rd

Leonard, MI

3 beds | 2 baths | 2,782 sq.ft.

$499,900

Airbnb cash on cash: 0.18%

Traditional cash on cash: 2.13%

Airbnb Rental Income: $1344

Traditional Rental Income: $1841

Airbnb ROI: 0.18%

Traditional ROI: 2.13%

781 Windy Fields Ct

Leonard, MI

4 beds | 4 baths | 4,690 sq.ft.

$2,200,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.07%

Airbnb Rental Income: $null

Traditional Rental Income: $3547

Airbnb ROI: N/A