Real Estate Investment Properties for Sale in Leroy, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
12805 19 Mile Road Leroy, MI Welcome to your Up North escape at 12805 19 Mile Rd where space, privacy, and Northern Mic...	4 beds \| 1 baths \| 1,740 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.2% Airbnb Rental Income: $null Traditional Rental Income: $1974 Airbnb ROI: N/A Traditional ROI: 8.2%
229 Forest Trl Leroy, MI Did someone say getaway? Welcome to Rose Lake Forest, a community renowned for its friendl...	2 beds \| 2 baths \| 1,125 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.98% Airbnb Rental Income: $null Traditional Rental Income: $1672 Airbnb ROI: N/A Traditional ROI: 4.98%
16121 130th Ave Leroy, MI 55 Acres of prime mature hardwoods! For all your hiking, snowmobiling, cross-country skiin...	3 beds \| 1 baths \| 1,008 sq.ft.	$550,000	Airbnb cash on cash: -1.13% Traditional cash on cash: 1.6% Airbnb Rental Income: $631 Traditional Rental Income: $1740 Airbnb ROI: -1.13% Traditional ROI: 1.6%
200 W Main Leroy, MI Charming and well-maintained home! Many updates; new shower, toilets, vanities, flooring,...	3 beds \| 1 baths \| 1,200 sq.ft.	$169,900	Airbnb cash on cash: -1.01% Traditional cash on cash: 9.66% Airbnb Rental Income: $631 Traditional Rental Income: $2064 Airbnb ROI: -1.01% Traditional ROI: 9.66%
12596 Marilyn Drive Leroy, MI A Moment on Marilyn Where the best moments rise with the sun and linger long after the da...	3 beds \| 2 baths \| 1,539 sq.ft.	$359,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 6.16% Airbnb Rental Income: $631 Traditional Rental Income: $2684 Airbnb ROI: -0.81% Traditional ROI: 6.16%
16186 N 200th Avenue Leroy, MI For the first time ever, this cherished homestead is ready for its next chapter. Lovingly ...	4 beds \| 4 baths \| 3,737 sq.ft.	$484,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.69% Airbnb Rental Income: $null Traditional Rental Income: $3625 Airbnb ROI: N/A Traditional ROI: 6.69%
14654 190th Ave Leroy, MI Come see this nicely cared for home on 10 well groomed acres and an outbuilding for most e...	5 beds \| 3 baths \| 2,544 sq.ft.	$439,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.5% Airbnb Rental Income: $null Traditional Rental Income: $3117 Airbnb ROI: N/A Traditional ROI: 5.5%
323 EASTLAND Leroy, MI Charming Lakefront Ranch on Hogback Lake! Welcome to 323 Eastland Drive in Rose Lake Town...	3 beds \| 2 baths \| 1,000 sq.ft.	$195,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 8.78% Airbnb Rental Income: $631 Traditional Rental Income: $1996 Airbnb ROI: -0.18% Traditional ROI: 8.78%
18274 200th Ave Leroy, MI Custom-built 4-bedroom, 3-bath luxury home on 5.4 acres (m/l) offering privacy, craftsmans...	4 beds \| 3 baths \| 2,538 sq.ft.	$539,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.25% Airbnb Rental Income: $null Traditional Rental Income: $3077 Airbnb ROI: N/A Traditional ROI: 4.25%
16107 12 Mile Rd Leroy, MI This northern retreat awaits a new owner! Nearly 40 acres of land holds a fixer upper cabi...	1 beds \| 1 baths \| 600 sq.ft.	$212,900	Airbnb cash on cash: -1.02% Traditional cash on cash: 3.64% Airbnb Rental Income: $475 Traditional Rental Income: $1147 Airbnb ROI: -1.02% Traditional ROI: 3.64%
323 Eastland Dr Leroy, MI 323 Eastland Dr, Leroy, MI 49655 \| Single Family Residential	3 beds \| 1 baths \| 1,000 sq.ft.	$195,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 5.23% Airbnb Rental Income: $631 Traditional Rental Income: $1528 Airbnb ROI: -1.2% Traditional ROI: 5.23%
V/L Lakola Rd Leroy, MI V/L Lakola Rd, Leroy, MI 49655 \| Other	N/A beds \| N/A baths \| N/A	$79,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.64% Airbnb Rental Income: $null Traditional Rental Income: $890 Airbnb ROI: N/A Traditional ROI: 7.64%
13501 Pioneer Leroy, MI Built in 2020, this off-grid home sits on 10 private acres with sweeping open views and co...	3 beds \| 2 baths \| 1,440 sq.ft.	$225,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 8.62% Airbnb Rental Income: $631 Traditional Rental Income: $2390 Airbnb ROI: -1.02% Traditional ROI: 8.62%
10328 185th Ave Leroy, MI	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.04% Airbnb Rental Income: $null Traditional Rental Income: $890 Airbnb ROI: N/A Traditional ROI: 3.04%
V/L 135th Ave Leroy, MI V/L 135th Ave, Leroy, MI 49655 \| Other	N/A beds \| N/A baths \| N/A	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.41% Airbnb Rental Income: $null Traditional Rental Income: $890 Airbnb ROI: N/A Traditional ROI: 2.41%
40 Acres 190th Ave Leroy, MI 40 Acres 190th Ave, Leroy, MI 49655 \| Other	N/A beds \| N/A baths \| N/A	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.16% Airbnb Rental Income: $null Traditional Rental Income: $890 Airbnb ROI: N/A Traditional ROI: 1.16%
13751 Mackinaw Trl Leroy, MI 13751 Mackinaw Trl, Leroy, MI 49655 \| Other	N/A beds \| N/A baths \| N/A	$93,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.29% Airbnb Rental Income: $null Traditional Rental Income: $890 Airbnb ROI: N/A Traditional ROI: 6.29%
4179 N Lakola Rd Leroy, MI Check out this gorgeous parcel located just a short drive from State land for all of your ...	1 beds \| 1 baths \| 550 sq.ft.	$144,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 8.27% Airbnb Rental Income: $475 Traditional Rental Income: $1474 Airbnb ROI: -0.86% Traditional ROI: 8.27%
13501 Pioneer Ave Leroy, MI 13501 Pioneer Ave, Leroy, MI 49655 \| Single Family Residential	3 beds \| 1 baths \| 1,440 sq.ft.	$225,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 2.87% Airbnb Rental Income: $631 Traditional Rental Income: $1240 Airbnb ROI: -1.37% Traditional ROI: 2.87%
16404 12 Mile Road Leroy, MI What. A. Find. This remodeled farmhouse is tucked away at the very end of a quiet road...t...	3 beds \| 1 baths \| 1,200 sq.ft.	$200,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 7.09% Airbnb Rental Income: $631 Traditional Rental Income: $1773 Airbnb ROI: -0.47% Traditional ROI: 7.09%
20334 11 Mile Road Leroy, MI This country home on 40.4+/- acres in Leroy, Michigan offers an excellent setup for huntin...	5 beds \| 2 baths \| 1,200 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.88% Airbnb Rental Income: $null Traditional Rental Income: $2251 Airbnb ROI: N/A Traditional ROI: 3.88%

Real Estate investment in Leroy, MI

There are 22 properties for sale in the city of Leroy . The median list price in Leroy is $199,500 and the average price per square foot is $140. In May 2026, the average monthly cash on cash return in Leroy is 6.00%. The average monthly rental income in Leroy is $1,773.

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

There are 22 investment properties available for sale in Leroy.

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

The ROI for Long-Term is higher than the Short-Term in Leroy with average rental income of $1,773.

Your search for investment property begins and ends here

Investment Property for Sale in Leroy, MI

12805 19 Mile Road

Leroy, MI

4 beds | 1 baths | 1,740 sq.ft.

$199,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.2%

Airbnb Rental Income: $null

Traditional Rental Income: $1974

Airbnb ROI: N/A

Traditional ROI: 8.2%

229 Forest Trl

Leroy, MI

2 beds | 2 baths | 1,125 sq.ft.

$274,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.98%

Airbnb Rental Income: $null

Traditional Rental Income: $1672

Airbnb ROI: N/A

Traditional ROI: 4.98%

16121 130th Ave

Leroy, MI

3 beds | 1 baths | 1,008 sq.ft.

$550,000

Airbnb cash on cash: -1.13%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $631

Traditional Rental Income: $1740

Airbnb ROI: -1.13%

Traditional ROI: 1.6%

200 W Main

Leroy, MI

3 beds | 1 baths | 1,200 sq.ft.

$169,900

Airbnb cash on cash: -1.01%

Traditional cash on cash: 9.66%

Airbnb Rental Income: $631

Traditional Rental Income: $2064

Airbnb ROI: -1.01%

Traditional ROI: 9.66%

12596 Marilyn Drive

Leroy, MI

3 beds | 2 baths | 1,539 sq.ft.

$359,000

Airbnb cash on cash: -0.81%

Traditional cash on cash: 6.16%

Airbnb Rental Income: $631

Traditional Rental Income: $2684

Airbnb ROI: -0.81%

Traditional ROI: 6.16%

16186 N 200th Avenue

Leroy, MI

4 beds | 4 baths | 3,737 sq.ft.

$484,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.69%

Airbnb Rental Income: $null

Traditional Rental Income: $3625

Airbnb ROI: N/A

Traditional ROI: 6.69%

14654 190th Ave

Leroy, MI

5 beds | 3 baths | 2,544 sq.ft.

$439,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.5%

Airbnb Rental Income: $null

Traditional Rental Income: $3117

Airbnb ROI: N/A

Traditional ROI: 5.5%

323 EASTLAND

Leroy, MI

3 beds | 2 baths | 1,000 sq.ft.

$195,000

Airbnb cash on cash: -0.18%

Traditional cash on cash: 8.78%

Airbnb Rental Income: $631

Traditional Rental Income: $1996

Airbnb ROI: -0.18%