Real Estate Investment Properties for Sale in Novi, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
30695 Ardmore Court Novi, MI Tucked away in the highly desirable Pointe Park community, this beautifully maintained ran...	2 beds \| 1 baths \| 1,257 sq.ft.	$249,900	Airbnb cash on cash: 0.87% Traditional cash on cash: 3.23% Airbnb Rental Income: $1520 Traditional Rental Income: $1636 Airbnb ROI: 0.87% Traditional ROI: 3.23%
39478 Squire Road Novi, MI This beautiful Cape Cod home in highly acclaimed Novi School District with open floor Plan...	3 beds \| 3 baths \| 2,043 sq.ft.	$470,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 3.27% Airbnb Rental Income: $1665 Traditional Rental Income: $2667 Airbnb ROI: -0.07% Traditional ROI: 3.27%
39455 Country Lane Novi, MI Beautifully updated condo with highly desirable Novi Schools! This move-in ready home offe...	2 beds \| 3 baths \| 1,272 sq.ft.	$269,900	Airbnb cash on cash: 1.43% Traditional cash on cash: 4.77% Airbnb Rental Income: $1520 Traditional Rental Income: $1929 Airbnb ROI: 1.43% Traditional ROI: 4.77%
215 Endwell Street Novi, MI Charming 3-bedroom bungalow on a rare double lot in Novi with coveted all sports Walled La...	3 beds \| 1 baths \| 1,260 sq.ft.	$264,900	Airbnb cash on cash: 1.96% Traditional cash on cash: 3.58% Airbnb Rental Income: $1665 Traditional Rental Income: $1604 Airbnb ROI: 1.96% Traditional ROI: 3.58%
24889 Sutherland Drive Novi, MI Welcome to 24889 Sutherland Drive in Novi! This all-brick ranch in the desirable Yorkshire...	3 beds \| 3 baths \| 1,913 sq.ft.	$499,900	Airbnb cash on cash: -0.13% Traditional cash on cash: 2.75% Airbnb Rental Income: $1665 Traditional Rental Income: $2546 Airbnb ROI: -0.13% Traditional ROI: 2.75%
42790 Ledgeview Drive Novi, MI Welcome to 42790 Ledgeview Drive - a 4 bedroom, 2.5 bath home with 2,430 sq ft located on ...	4 beds \| 3 baths \| 2,430 sq.ft.	$574,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.02% Airbnb Rental Income: $null Traditional Rental Income: $2880 Airbnb ROI: N/A Traditional ROI: 3.02%
28569 Carlton Way Drive Novi, MI Well-maintained raised ranch condo in desirable Novi, located within the highly regarded W...	2 beds \| 2 baths \| 1,579 sq.ft.	$325,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 2.48% Airbnb Rental Income: $1520 Traditional Rental Income: $2202 Airbnb ROI: -1.2% Traditional ROI: 2.48%
42174 Roscommon Street Novi, MI WELCOME HOME TO THIS MOVE IN READY END UNIT CONDO MINUTES AWAY FROM DOWNTOWN NORTHVILLE. C...	2 beds \| 3 baths \| 1,120 sq.ft.	$225,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 3.55% Airbnb Rental Income: $1520 Traditional Rental Income: $1714 Airbnb ROI: 0.56% Traditional ROI: 3.55%
24525 Jamestowne Road Novi, MI Hurry! This is the one you have been waiting for. Nestled in the heart of Novi, this super...	3 beds \| 2 baths \| 1,368 sq.ft.	$405,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 2.51% Airbnb Rental Income: $1665 Traditional Rental Income: $1988 Airbnb ROI: 0.43% Traditional ROI: 2.51%
45896 Lathum Drive Novi, MI Exceptional space, abundant natural light, and a highly desirable Novi location come toget...	4 beds \| 4 baths \| 3,412 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.3% Airbnb Rental Income: $null Traditional Rental Income: $3776 Airbnb ROI: N/A Traditional ROI: 2.3%
47071 Northumberland Street Novi, MI Highest and Best due Monday 6/1 @12pm. Located in desirable Broadmoor Park on a spacious 1...	5 beds \| 5 baths \| 3,700 sq.ft.	$949,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.37% Airbnb Rental Income: $null Traditional Rental Income: $5126 Airbnb ROI: N/A Traditional ROI: 3.37%
22440 Mill Road Novi, MI Welcome home to this beautifully renovated 3-bedroom, 1.5-bath brick ranch in Novi's highl...	3 beds \| 2 baths \| 2,900 sq.ft.	$412,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 3.9% Airbnb Rental Income: $1665 Traditional Rental Income: $2513 Airbnb ROI: 0.49% Traditional ROI: 3.9%
132 Maudlin Street Novi, MI GREAT LOCATION IN NOVI WITH WALLED LAKE SCHOOLS. NEIGHBORHOOD STREET SHARED DOC ON PRIVATE...	2 beds \| 1 baths \| 840 sq.ft.	$285,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 2.49% Airbnb Rental Income: $1520 Traditional Rental Income: $1319 Airbnb ROI: 1.59% Traditional ROI: 2.49%
22886 Talford Street Novi, MI Completely renovated in 2026, this stunning upper-level end-unit ranch condo offers the pe...	2 beds \| 1 baths \| 875 sq.ft.	$189,900	Airbnb cash on cash: 0.14% Traditional cash on cash: 1.57% Airbnb Rental Income: $1520 Traditional Rental Income: $1336 Airbnb ROI: 0.14% Traditional ROI: 1.57%
23229 Gilbar Street Novi, MI Beautifully updated colonial in the highly sought-after Novi School District! Thoughtfully...	4 beds \| 3 baths \| 2,085 sq.ft.	$515,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.49% Airbnb Rental Income: $null Traditional Rental Income: $2898 Airbnb ROI: N/A Traditional ROI: 3.49%
23822 Seminole Trail Novi, MI Welcome to 23822 Seminole Trail, a beautifully updated 2018-built townhouse in Novi's desi...	3 beds \| 3 baths \| 2,263 sq.ft.	$649,900	Airbnb cash on cash: -2.04% Traditional cash on cash: -0.05% Airbnb Rental Income: $1665 Traditional Rental Income: $2400 Airbnb ROI: -2.04% Traditional ROI: -0.05%
22559 Cranbrooke Drive Novi, MI Welcome to this end unit charming three-bedroom, one-and-a-half-bathroom condominium locat...	3 beds \| 2 baths \| 1,566 sq.ft.	$269,900	Airbnb cash on cash: 0.24% Traditional cash on cash: 3.67% Airbnb Rental Income: $1665 Traditional Rental Income: $2072 Airbnb ROI: 0.24% Traditional ROI: 3.67%
29170 Hemingway Drive Novi, MI Welcome to this beautiful home in one of Novi's most desirable neighborhoods! This stunnin...	3 beds \| 3 baths \| 2,574 sq.ft.	$564,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 1.61% Airbnb Rental Income: $1665 Traditional Rental Income: $2400 Airbnb ROI: -0.66% Traditional ROI: 1.61%
42806 Brookstone Drive Novi, MI Beautifully Updated Home with Private Pond Views and an Incredible Backyard Retreat! Metic...	4 beds \| 3 baths \| 2,426 sq.ft.	$590,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.79% Airbnb Rental Income: $null Traditional Rental Income: $2913 Airbnb ROI: N/A Traditional ROI: 2.79%
41544 Mitchell Road Novi, MI Welcome to this beautifully maintained income-generating property in the heart of Novi! Th...	3 beds \| 4 baths \| 1,533 sq.ft.	$355,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 2.34% Airbnb Rental Income: $1665 Traditional Rental Income: $2409 Airbnb ROI: -1.3% Traditional ROI: 2.34%
22615 Novi Road Novi, MI Immediate occupancy! New construction in Novi with Northville schools! EAST FACING HOME. T...	4 beds \| 3 baths \| 2,947 sq.ft.	$779,990	Airbnb cash on cash: N/A Traditional cash on cash: 1.64% Airbnb Rental Income: $null Traditional Rental Income: $3123 Airbnb ROI: N/A Traditional ROI: 1.64%
45625 W 9 Mile Road Novi, MI Tucked away on a private 3.41-acre wooded setting within the award-winning Northville Scho...	4 beds \| 4 baths \| 3,025 sq.ft.	$1,350,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.09% Airbnb Rental Income: $null Traditional Rental Income: $4079 Airbnb ROI: N/A Traditional ROI: 1.09%
24248 Hampton Hill Street Novi, MI H&B Due 7/5 @ 8PM. Welcome to your perfect home in the highly sought-after Meadowbrook Gle...	3 beds \| 2 baths \| 1,640 sq.ft.	$460,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 3.01% Airbnb Rental Income: $1665 Traditional Rental Income: $2336 Airbnb ROI: 0.36% Traditional ROI: 3.01%
1815 E Lake Drive Novi, MI Direct all inquiries to Steve (co-lister). Welcome to your dream location. Take advantage ...	2 beds \| 1 baths \| 891 sq.ft.	$955,000	Airbnb cash on cash: -1.05% Traditional cash on cash: -0.65% Airbnb Rental Income: $1520 Traditional Rental Income: $1438 Airbnb ROI: -1.05% Traditional ROI: -0.65%
22297 Hazelton Ct Novi, MI Impeccably maintained single-owner home in the highly regarded Northville School District,...	3 beds \| 5 baths \| 3,398 sq.ft.	$849,900	Airbnb cash on cash: -1.2% Traditional cash on cash: 3.67% Airbnb Rental Income: $1665 Traditional Rental Income: $5057 Airbnb ROI: -1.2% Traditional ROI: 3.67%
24264 Bashian Drive Novi, MI Clean and Updated 2-Bed, 2.5-Bath Condo This well-kept 2-bedroom, 2.5-bath condo is move-i...	2 beds \| 3 baths \| 1,276 sq.ft.	$252,500	Airbnb cash on cash: 0.36% Traditional cash on cash: 4.58% Airbnb Rental Income: $1520 Traditional Rental Income: $2085 Airbnb ROI: 0.36% Traditional ROI: 4.58%
24943 Glenda Street Novi, MI Lovely Novi Ranch on 2/3 acres lot. The many upgrades and improvements include a newer kit...	3 beds \| 2 baths \| 1,567 sq.ft.	$420,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 3.48% Airbnb Rental Income: $1665 Traditional Rental Income: $2231 Airbnb ROI: 0.86% Traditional ROI: 3.48%
43564 Scenic Lane Novi, MI Discover the exceptional potential of this custom-built ranch, privately situated on a woo...	4 beds \| 5 baths \| 2,975 sq.ft.	$774,950	Airbnb cash on cash: N/A Traditional cash on cash: 3.43% Airbnb Rental Income: $null Traditional Rental Income: $4465 Airbnb ROI: N/A Traditional ROI: 3.43%
43071 Atwood Avenue Novi, MI Come explore this brand new 4 bedroom, 3 and a half bath condo located in Novi. The entry ...	4 beds \| 4 baths \| 2,200 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.25% Airbnb Rental Income: $null Traditional Rental Income: $3387 Airbnb ROI: N/A Traditional ROI: 5.25%
26900 Napier Road Novi, MI The BENEFIT of this New Construction home, see expanded comments for more details... The B...	4 beds \| 3 baths \| 2,461 sq.ft.	$950,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.21% Airbnb Rental Income: $null Traditional Rental Income: $3096 Airbnb ROI: N/A Traditional ROI: 2.21%
43722 Bolingbrooke Lane Novi, MI Novi Schools & Newer construction home in Novi offering the benefits of a new build withou...	4 beds \| 3 baths \| 2,833 sq.ft.	$869,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.27% Airbnb Rental Income: $null Traditional Rental Income: $3137 Airbnb ROI: N/A Traditional ROI: 1.27%
41769 Webster Court Novi, MI TURN KEY COLONIAL CONDO IN HIGHLY DESIRABLE MAPLES OF NOVI! LOCATED IN A QUIET CUL-DE-SAC ...	2 beds \| 4 baths \| 1,385 sq.ft.	$275,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 6.39% Airbnb Rental Income: $1520 Traditional Rental Income: $2221 Airbnb ROI: 1.98% Traditional ROI: 6.39%
24667 Bashian Drive Novi, MI Welcome to 24667 Bashian Drive in the highly sought-after Applegate of Novi community. Ste...	3 beds \| 3 baths \| 1,188 sq.ft.	$199,900	Airbnb cash on cash: 3.95% Traditional cash on cash: 7.96% Airbnb Rental Income: $1665 Traditional Rental Income: $1959 Airbnb ROI: 3.95% Traditional ROI: 7.96%
21230 W Glen Haven Circle #64 Novi, MI LARGE 3 BEDROOM CONDO. ALL APPLIANCES INCLUDED. CLEAN AND BRIGHT END UNIT. FENCED IN PATIO...	3 beds \| 3 baths \| 1,490 sq.ft.	$260,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 6.28% Airbnb Rental Income: $1665 Traditional Rental Income: $2173 Airbnb ROI: 2.31% Traditional ROI: 6.28%
23293 W Le Bost Drive Novi, MI Rare opportunity to own an original owner home in the highly sought-after Willowbrook Esta...	3 beds \| 2 baths \| 1,531 sq.ft.	$359,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 3.94% Airbnb Rental Income: $1665 Traditional Rental Income: $2156 Airbnb ROI: 1.1% Traditional ROI: 3.94%
24366 Taft Road Novi, MI Custom built brick Cape Cod on a beautifully landscaped and private .65-acre lot with no H...	4 beds \| 5 baths \| 3,271 sq.ft.	$849,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.83% Airbnb Rental Income: $null Traditional Rental Income: $4989 Airbnb ROI: N/A Traditional ROI: 3.83%
1325 E Lake Drive Novi, MI Beautiful Novi ranch with lake access.	3 beds \| 1 baths \| 1,000 sq.ft.	$299,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 3.3% Airbnb Rental Income: $1665 Traditional Rental Income: $1469 Airbnb ROI: 2.34% Traditional ROI: 3.3%
26426 Island Lake Drive #24 Novi, MI Island Lake .... Pristine Upgraded Showcase End Unit Condo siding to a lush commons area ~...	3 beds \| 3 baths \| 2,039 sq.ft.	$545,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.78% Airbnb Rental Income: $1665 Traditional Rental Income: $2770 Airbnb ROI: -0.3% Traditional ROI: 2.78%
43000 12 Oaks Crescent Drive #2033 Novi, MI Luxurious updated condo in a resort-style building filled with natural light throughout th...	2 beds \| 2 baths \| 2,200 sq.ft.	$278,900	Airbnb cash on cash: 1.28% Traditional cash on cash: 5.8% Airbnb Rental Income: $1520 Traditional Rental Income: $2265 Airbnb ROI: 1.28% Traditional ROI: 5.8%

Real Estate investment in Novi, MI

There are 107 properties for sale in the city of Novi . The median list price in Novi is $474,716 and the average price per square foot is $213. In July 2026, the average monthly cash on cash return in Novi is 3.00%. The average monthly rental income in Novi is $2,698.

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

There are 107 investment properties available for sale in Novi.

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

The ROI for Long-Term is higher than the Short-Term in Novi with average rental income of $2,698.

Your search for investment property begins and ends here

Investment Property for Sale in Novi, MI

30695 Ardmore Court

Novi, MI

2 beds | 1 baths | 1,257 sq.ft.

$249,900

Airbnb cash on cash: 0.87%

Traditional cash on cash: 3.23%

Airbnb Rental Income: $1520

Traditional Rental Income: $1636

Airbnb ROI: 0.87%

Traditional ROI: 3.23%

39478 Squire Road

Novi, MI

3 beds | 3 baths | 2,043 sq.ft.

$470,000

Airbnb cash on cash: -0.07%

Traditional cash on cash: 3.27%

Airbnb Rental Income: $1665

Traditional Rental Income: $2667

Airbnb ROI: -0.07%

Traditional ROI: 3.27%

39455 Country Lane

Novi, MI

2 beds | 3 baths | 1,272 sq.ft.

$269,900

Airbnb cash on cash: 1.43%

Traditional cash on cash: 4.77%

Airbnb Rental Income: $1520

Traditional Rental Income: $1929

Airbnb ROI: 1.43%

Traditional ROI: 4.77%

215 Endwell Street

Novi, MI

3 beds | 1 baths | 1,260 sq.ft.

$264,900

Airbnb cash on cash: 1.96%

Traditional cash on cash: 3.58%

Airbnb Rental Income: $1665

Traditional Rental Income: $1604

Airbnb ROI: 1.96%

Traditional ROI: 3.58%

24889 Sutherland Drive

Novi, MI

3 beds | 3 baths | 1,913 sq.ft.

$499,900

Airbnb cash on cash: -0.13%

Traditional cash on cash: 2.75%

Airbnb Rental Income: $1665

Traditional Rental Income: $2546

Airbnb ROI: -0.13%

Traditional ROI: 2.75%

42790 Ledgeview Drive

Novi, MI

4 beds | 3 baths | 2,430 sq.ft.

$574,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.02%

Airbnb Rental Income: $null

Traditional Rental Income: $2880

Airbnb ROI: N/A

Traditional ROI: 3.02%

28569 Carlton Way Drive

Novi, MI

2 beds | 2 baths | 1,579 sq.ft.

$325,000

Airbnb cash on cash: -1.2%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $1520

Traditional Rental Income: $2202

Airbnb ROI: -1.2%

Traditional ROI: 2.48%

42174 Roscommon Street

Novi, MI

2 beds | 3 baths | 1,120 sq.ft.

$225,000

Airbnb cash on cash: 0.56%

Traditional cash on cash: 3.55%

Airbnb Rental Income: $1520

Traditional Rental Income: $1714

Airbnb ROI: 0.56%