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
88 E Elmwood Ave Leonard, MI Great opportunity in the Village of Leonardâthis beautifully remodeled three-bedroom col...	3 beds \| 1 baths \| 1,875 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.01% Airbnb Rental Income: $null Traditional Rental Income: $1657 Airbnb ROI: N/A Traditional ROI: 4.01%
2716 Lake George Rd Leonard, MI THIS ESTATE HOME WILL AMAZE YOU!!! Beautifull quality filled 4 Large Bedrooms 4+Bath in a ...	4 beds \| 4 baths \| 5,652 sq.ft.	$1,399,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.31% Airbnb Rental Income: $null Traditional Rental Income: $2936 Airbnb ROI: N/A Traditional ROI: 0.31%
904 Rowland Rd Leonard, MI Accepting Cash or Land Contract only. Welcome to this peaceful and private 4 bedroom and 2...	4 beds \| 2 baths \| 1,524 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.26% Airbnb Rental Income: $null Traditional Rental Income: $1830 Airbnb ROI: N/A Traditional ROI: 9.26%
906 Yule Rd Leonard, MI Contemporary Modern estate on 3+ private acres in Addison Township. This spacious home off...	5 beds \| 4 baths \| 7,031 sq.ft.	$950,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.04% Airbnb Rental Income: $null Traditional Rental Income: $5180 Airbnb ROI: N/A Traditional ROI: 4.04%
Investment Properties for Sale in Other Cities of Michigan
18217 Santa Rosa Dr Detroit , MI TENANT IN PLACE TO INCREASE YOUR PORTFOLIO 0R TO LIVE IN. AS IS SALE ONLY. 24 HOUR NOTICE ...	3 beds \| 1 baths \| 1,398 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.57% Airbnb Rental Income: $null Traditional Rental Income: $1677 Airbnb ROI: N/A Traditional ROI: 8.57%
5840 Northfield Pkwy Troy , MI ***This appealing condo was put on the market during the government shutdown and on into t...	3 beds \| 1 baths \| 1,410 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $2072 Airbnb ROI: N/A Traditional ROI: 3.76%
2875 Trailwood Lane Ann Arbor , MI Ann Arbor Twp Property Rare 10-acre Ann Arbor estate offering exceptional privacy, versati...	4 beds \| 4 baths \| 2,701 sq.ft.	$989,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.74% Airbnb Rental Income: $null Traditional Rental Income: $3329 Airbnb ROI: N/A Traditional ROI: 1.74%
3155 La Salle Drive Ann Arbor , MI Live 10 minutes from downtown Ann Arbor with a native wildflower meadow in your yard! Lovi...	3 beds \| 1 baths \| 1,220 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.05% Airbnb Rental Income: $null Traditional Rental Income: $2202 Airbnb ROI: N/A Traditional ROI: 3.05%
600 Monroe Avenue NW unit: 406 #406 Grand Rapids , MI Penthouse Perfection at Monroe Terrace! Experience downtown living at its finest in this s...	3 beds \| 3 baths \| 2,355 sq.ft.	$865,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.33% Airbnb Rental Income: $null Traditional Rental Income: $2838 Airbnb ROI: N/A Traditional ROI: 0.33%
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.	$485,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.07% Airbnb Rental Income: $null Traditional Rental Income: $2875 Airbnb ROI: N/A Traditional ROI: 4.07%
108 Henderson Place Cadillac , MI Even more adorable and cozy than it looks! This turn key tiny home is well built, is full ...	1 beds \| 1 baths \| 400 sq.ft.	$149,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.87% Airbnb Rental Income: $null Traditional Rental Income: $735 Airbnb ROI: N/A Traditional ROI: 2.87%
549 Detroit St 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: N/A Traditional cash on cash: 5.4% Airbnb Rental Income: $null Traditional Rental Income: $1785 Airbnb ROI: N/A Traditional ROI: 5.4%
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.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.23% Airbnb Rental Income: $null Traditional Rental Income: $1584 Airbnb ROI: N/A Traditional ROI: 7.23%
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: N/A Traditional cash on cash: 1.12% Airbnb Rental Income: $null Traditional Rental Income: $2255 Airbnb ROI: N/A 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: -2.04% Traditional cash on cash: 6.11% Airbnb Rental Income: $296 Traditional Rental Income: $1088 Airbnb ROI: -2.04% 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: -6.86% Traditional cash on cash: 2.29% Airbnb Rental Income: $491 Traditional Rental Income: $1270 Airbnb ROI: -6.86% Traditional ROI: 2.29%

Real Estate investment in Leonard, MI

There are 4 properties for sale in the city of Leonard . The median list price in Leonard is $744,900 and the average price per square foot is $265. In March 2026, the average monthly cash on cash return in Leonard is 3.00%. The average monthly rental income in Leonard is $2,667.

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

There are 4 investment properties available for sale in Leonard.

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

The ROI for Short-Term is higher than the Long-Term in Leonard with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Leonard, MI

88 E Elmwood Ave

Leonard, MI

3 beds | 1 baths | 1,875 sq.ft.

$270,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.01%

Airbnb Rental Income: $null

Traditional Rental Income: $1657

Airbnb ROI: N/A

Traditional ROI: 4.01%

2716 Lake George Rd

Leonard, MI

4 beds | 4 baths | 5,652 sq.ft.

$1,399,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.31%

Airbnb Rental Income: $null

Traditional Rental Income: $2936

Airbnb ROI: N/A

Traditional ROI: 0.31%

904 Rowland Rd

Leonard, MI

4 beds | 2 baths | 1,524 sq.ft.

$160,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.26%

Airbnb Rental Income: $null

Traditional Rental Income: $1830

Airbnb ROI: N/A

Traditional ROI: 9.26%

906 Yule Rd

Leonard, MI

5 beds | 4 baths | 7,031 sq.ft.

$950,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.04%

Airbnb Rental Income: $null

Traditional Rental Income: $5180

Airbnb ROI: N/A

Traditional ROI: 4.04%

Investment Properties for Sale in Other Cities of Michigan

Detroit , MI

3 beds | 1 baths | 1,398 sq.ft.

$155,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.57%

Airbnb Rental Income: $null

Traditional Rental Income: $1677

Airbnb ROI: N/A

Traditional ROI: 8.57%

Troy , MI

3 beds | 1 baths | 1,410 sq.ft.

$274,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2072

Airbnb ROI: N/A

Traditional ROI: 3.76%

Ann Arbor , MI

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

$989,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.74%

Airbnb Rental Income: $null

Traditional Rental Income: $3329

Airbnb ROI: N/A

Traditional ROI: 1.74%

Ann Arbor , MI

3 beds | 1 baths | 1,220 sq.ft.

$349,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.05%

Airbnb Rental Income: $null

Traditional Rental Income: $2202

Airbnb ROI: N/A

Traditional ROI: 3.05%

Grand Rapids , MI

3 beds | 3 baths | 2,355 sq.ft.