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
24936 Hadlock Drive Novi, MI Welcome to the prestigious Island Lake Orchards community! Nestled on a beautiful half-acr...	4 beds \| 4 baths \| 4,741 sq.ft.	$1,250,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 0.25% Airbnb Rental Income: $1500 Traditional Rental Income: $3072 Airbnb ROI: -1.48% Traditional ROI: 0.25%
22426 Moorgate Street Novi, MI Beautifully maintained 4-bedroom colonial featuring generously sized bedrooms, 2 full bath...	4 beds \| 3 baths \| 2,715 sq.ft.	$699,900	Airbnb cash on cash: -0.96% Traditional cash on cash: 1.96% Airbnb Rental Income: $1500 Traditional Rental Income: $2967 Airbnb ROI: -0.96% Traditional ROI: 1.96%
25738 Beck Road Novi, MI Charming, beautifully updated custom brick ranch in the heart of Novi! This clean, move-in...	3 beds \| 2 baths \| 1,578 sq.ft.	$375,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 4.68% Airbnb Rental Income: $965 Traditional Rental Income: $2538 Airbnb ROI: -0.79% Traditional ROI: 4.68%
1284 E Lake Drive Novi, MI SPECTACULAR LAKE-FRONT HOME, IN A PRIME LOCATION DIRECTLY ON DESIRABLE ALL-SPORTS WALLED L...	4 beds \| 5 baths \| 2,700 sq.ft.	$1,599,000	Airbnb cash on cash: -1.44% Traditional cash on cash: -0.08% Airbnb Rental Income: $1500 Traditional Rental Income: $3072 Airbnb ROI: -1.44% Traditional ROI: -0.08%
22173 Pondview Novi, MI Move right into this well-maintained 2-bedroom, 1.5-bath townhome offering a thoughtfully ...	2 beds \| 2 baths \| 1,270 sq.ft.	$219,900	Airbnb cash on cash: -1.53% Traditional cash on cash: 3.42% Airbnb Rental Income: $1054 Traditional Rental Income: $1720 Airbnb ROI: -1.53% Traditional ROI: 3.42%
25797 Arcadia Drive Novi, MI Tucked within highly sought-after Walden Woods, this updated colonial sits on a premium wo...	3 beds \| 3 baths \| 2,790 sq.ft.	$697,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 2.28% Airbnb Rental Income: $965 Traditional Rental Income: $3159 Airbnb ROI: -1.63% Traditional ROI: 2.28%
43107 Emerson Way Novi, MI A transfer forces the sale on this incredibly updated home in Novi's Saratoga Circle Neigh...	4 beds \| 3 baths \| 2,509 sq.ft.	$525,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 3.51% Airbnb Rental Income: $1500 Traditional Rental Income: $3072 Airbnb ROI: -0.59% Traditional ROI: 3.51%
22363 Peachtree Novi, MI This 2-Bedroom Condo in Prestigious Crosswind West is impeccably updated and move-in ready...	2 beds \| 2 baths \| 1,600 sq.ft.	$215,000	Airbnb cash on cash: -1.67% Traditional cash on cash: 6.05% Airbnb Rental Income: $1054 Traditional Rental Income: $2263 Airbnb ROI: -1.67% Traditional ROI: 6.05%
43181 Emerson Way Novi, MI Beautifully Updated Cape Cod in the Heart of Novi. Ideally located within walking distance...	3 beds \| 3 baths \| 1,880 sq.ft.	$480,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 2.89% Airbnb Rental Income: $965 Traditional Rental Income: $2538 Airbnb ROI: -1.39% Traditional ROI: 2.89%
2416 Shawood Street Novi, MI Discover the perfect rental opportunity in one of Metro Detroit's most sought-after suburb...	3 beds \| 2 baths \| 1,884 sq.ft.	$435,000	Airbnb cash on cash: -1.73% Traditional cash on cash: 3.63% Airbnb Rental Income: $965 Traditional Rental Income: $2799 Airbnb ROI: -1.73% Traditional ROI: 3.63%
30949 Tanglewood Drive Novi, MI FANTASTIC OPPORTUNITY in the HEART of NOVI !! IMMACULATE Detached Brick Ranch Condo in Hig...	3 beds \| 3 baths \| 1,750 sq.ft.	$424,900	Airbnb cash on cash: -1.91% Traditional cash on cash: 3.17% Airbnb Rental Income: $965 Traditional Rental Income: $2640 Airbnb ROI: -1.91% Traditional ROI: 3.17%
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.	$829,990	Airbnb cash on cash: -1.28% Traditional cash on cash: 1.39% Airbnb Rental Income: $1500 Traditional Rental Income: $3123 Airbnb ROI: -1.28% Traditional ROI: 1.39%
41625 Steinbeck Glen Novi, MI Stunning remodeled home in the highly sought-after Tollgate Woods community of Novi. This ...	5 beds \| 4 baths \| 3,245 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.05% Airbnb Rental Income: $null Traditional Rental Income: $4108 Airbnb ROI: N/A Traditional ROI: 3.05%
26197 Fieldstone Drive Novi, MI Welcome to 26197 Fieldstone Dr, Novi MI, an absolutely stunning, meticulously maintained e...	3 beds \| 4 baths \| 2,383 sq.ft.	$530,000	Airbnb cash on cash: -2.93% Traditional cash on cash: 2.1% Airbnb Rental Income: $965 Traditional Rental Income: $3108 Airbnb ROI: -2.93% Traditional ROI: 2.1%
40041 CROSSWINDS Novi, MI Now is your chance to live in this stylishly decorated 2 bedroom, 1.5 bath condo in desira...	2 beds \| 2 baths \| 1,100 sq.ft.	$225,000	Airbnb cash on cash: -1.5% Traditional cash on cash: 4.13% Airbnb Rental Income: $1054 Traditional Rental Income: $1890 Airbnb ROI: -1.5% Traditional ROI: 4.13%
25495 GRANDVIEW Lane #25 Novi, MI Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! Experienc...	3 beds \| 4 baths \| 2,121 sq.ft.	$509,500	Airbnb cash on cash: -0.6% Traditional cash on cash: 4.94% Airbnb Rental Income: $965 Traditional Rental Income: $3254 Airbnb ROI: -0.6% Traditional ROI: 4.94%
25549 Grandview Lane #31 Novi, MI Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! Experienc...	3 beds \| 4 baths \| 2,121 sq.ft.	$509,500	Airbnb cash on cash: -0.6% Traditional cash on cash: 5.48% Airbnb Rental Income: $965 Traditional Rental Income: $3511 Airbnb ROI: -0.6% Traditional ROI: 5.48%
23435 Stonehenge Boulevard Novi, MI Desirable Stonehenge community in the heart of Novi. This residence offers comfortable liv...	2 beds \| 2 baths \| 968 sq.ft.	$200,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 4.53% Airbnb Rental Income: $1054 Traditional Rental Income: $1647 Airbnb ROI: -0.51% Traditional ROI: 4.53%
1316 E Lake Drive Novi, MI STUNNING 2014 BUILT CONTEMPORARY LAKEFRONT HOME ON ALL-SPORTS WALLED LAKE! Discover the pe...	4 beds \| 4 baths \| 2,400 sq.ft.	$1,950,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 0.54% Airbnb Rental Income: $1500 Traditional Rental Income: $3577 Airbnb ROI: -0.85% Traditional ROI: 0.54%
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: -0.63% Traditional cash on cash: 3.48% Airbnb Rental Income: $965 Traditional Rental Income: $2231 Airbnb ROI: -0.63% Traditional ROI: 3.48%
24200 Hampton Hill Street Novi, MI Nicely updated home in Meadowbrook Glens! This move-in ready home features 4 bedrooms and ...	4 beds \| 2 baths \| 2,408 sq.ft.	$425,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 3.84% Airbnb Rental Income: $1500 Traditional Rental Income: $2633 Airbnb ROI: -0.11% Traditional ROI: 3.84%
44750 Bayview Drive #37 Novi, MI Discover modern comfort and unbeatable convenience in this beautifully maintained 2-bedroo...	2 beds \| 2 baths \| 1,352 sq.ft.	$186,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 8.77% Airbnb Rental Income: $1054 Traditional Rental Income: $2303 Airbnb ROI: -0.35% Traditional ROI: 8.77%
25534 Grandview Lane #41 Novi, MI Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! Discover ...	2 beds \| 4 baths \| 2,121 sq.ft.	$481,500	Airbnb cash on cash: -0.34% Traditional cash on cash: 5.68% Airbnb Rental Income: $1054 Traditional Rental Income: $3405 Airbnb ROI: -0.34% Traditional ROI: 5.68%
25558 Grandview Lane #38 Novi, MI Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! Experienc...	3 beds \| 4 baths \| 2,121 sq.ft.	$491,500	Airbnb cash on cash: -0.52% Traditional cash on cash: 5.66% Airbnb Rental Income: $965 Traditional Rental Income: $3458 Airbnb ROI: -0.52% Traditional ROI: 5.66%
120 Pickford Street Novi, MI This home is ready for your vision! Upon entry you'll enter the mudroom with plenty of spa...	3 beds \| 1 baths \| 1,156 sq.ft.	$150,700	Airbnb cash on cash: 1.19% Traditional cash on cash: 7.84% Airbnb Rental Income: $965 Traditional Rental Income: $1575 Airbnb ROI: 1.19% Traditional ROI: 7.84%
48738 Rockview Road Novi, MI 2022 Built, End Unit, Ranch Condo in the Villas at Stonebrook. 2 Bedrooms, 2 Baths, Librar...	2 beds \| 2 baths \| 1,716 sq.ft.	$560,000	Airbnb cash on cash: -2.25% Traditional cash on cash: 1.58% Airbnb Rental Income: $1054 Traditional Rental Income: $2696 Airbnb ROI: -2.25% Traditional ROI: 1.58%
45401 W 9 Mile Road Novi, MI Welcome to this exceptional opportunity in the highly sought-after Northville School Distr...	3 beds \| 2 baths \| 2,697 sq.ft.	$559,000	Airbnb cash on cash: -1.09% Traditional cash on cash: 2.6% Airbnb Rental Income: $965 Traditional Rental Income: $2542 Airbnb ROI: -1.09% Traditional ROI: 2.6%
26566 Anchorage Court Novi, MI Nestled in Island Lake of Novi on a quiet court. Lightly lived in Colonial with conservato...	4 beds \| 5 baths \| 3,800 sq.ft.	$1,085,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 0.36% Airbnb Rental Income: $1500 Traditional Rental Income: $3072 Airbnb ROI: -1.63% Traditional ROI: 0.36%
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.	$515,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 5.06% Airbnb Rental Income: $1500 Traditional Rental Income: $3387 Airbnb ROI: 0.23% Traditional ROI: 5.06%
49645 Hartwick Drive Novi, MI IMMACULATE & MOVE-IN READY! Skip the wait for new construction and step into this pristine...	4 beds \| 3 baths \| 3,378 sq.ft.	$774,900	Airbnb cash on cash: -1.13% Traditional cash on cash: 1.65% Airbnb Rental Income: $1500 Traditional Rental Income: $3072 Airbnb ROI: -1.13% Traditional ROI: 1.65%
28139 Carlton Way Drive Novi, MI This updated two-bedroom, two-bathroom ranch condo boasts a contemporary open layout. The ...	2 beds \| 2 baths \| 1,491 sq.ft.	$319,900	Airbnb cash on cash: -2.48% Traditional cash on cash: 1.45% Airbnb Rental Income: $1054 Traditional Rental Income: $1872 Airbnb ROI: -2.48% Traditional ROI: 1.45%
26800 Napier Rd Novi, MI 26800 Napier Rd, Novi, MI 48374 \| Other	N/A beds \| N/A baths \| N/A	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.6% Airbnb Rental Income: $null Traditional Rental Income: $626 Airbnb ROI: N/A Traditional ROI: -0.6%
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.	$944,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 2.23% Airbnb Rental Income: $1500 Traditional Rental Income: $3096 Airbnb ROI: -0.09% Traditional ROI: 2.23%
23918 Forest Park Drive E Novi, MI Charming Heart of Novi Home, 4 Bedrooms, 2 Full Baths, Gorgeous Hardwood Floors. Central A...	4 beds \| 2 baths \| 2,165 sq.ft.	$549,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 2.89% Airbnb Rental Income: $1500 Traditional Rental Income: $2431 Airbnb ROI: 0.22% Traditional ROI: 2.89%
44420 Wright Way Novi, MI Welcome home to this 3 bedroom 2.5 bath home in Cedarsping Estates of Novi. This home feat...	3 beds \| 3 baths \| 2,324 sq.ft.	$489,000	Airbnb cash on cash: -1.46% Traditional cash on cash: 3.14% Airbnb Rental Income: $965 Traditional Rental Income: $2719 Airbnb ROI: -1.46% Traditional ROI: 3.14%
22515 Heatherwoode Novi, MI Welcome to 22515 Heatherwoode-where comfort, style, and thoughtful design come together in...	4 beds \| 3 baths \| 1,728 sq.ft.	$400,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 5.92% Airbnb Rental Income: $1500 Traditional Rental Income: $3072 Airbnb ROI: 0.56% Traditional ROI: 5.92%

Real Estate investment in Novi, MI

There are 67 properties for sale in the city of Novi . The median list price in Novi is $485,000 and the average price per square foot is $214. In April 2026, the average monthly cash on cash return in Novi is 3.00%. The average monthly rental income in Novi is $2,680.

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

There are 67 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 $2,680.

Your search for investment property begins and ends here

Investment Property for Sale in Novi, MI

24936 Hadlock Drive

Novi, MI

4 beds | 4 baths | 4,741 sq.ft.

$1,250,000

Airbnb cash on cash: -1.48%

Traditional cash on cash: 0.25%

Airbnb Rental Income: $1500

Traditional Rental Income: $3072

Airbnb ROI: -1.48%

Traditional ROI: 0.25%

22426 Moorgate Street

Novi, MI

4 beds | 3 baths | 2,715 sq.ft.

$699,900

Airbnb cash on cash: -0.96%

Traditional cash on cash: 1.96%

Airbnb Rental Income: $1500

Traditional Rental Income: $2967

Airbnb ROI: -0.96%

Traditional ROI: 1.96%

25738 Beck Road

Novi, MI

3 beds | 2 baths | 1,578 sq.ft.

$375,000

Airbnb cash on cash: -0.79%

Traditional cash on cash: 4.68%

Airbnb Rental Income: $965

Traditional Rental Income: $2538

Airbnb ROI: -0.79%

Traditional ROI: 4.68%

1284 E Lake Drive

Novi, MI

4 beds | 5 baths | 2,700 sq.ft.

$1,599,000

Airbnb cash on cash: -1.44%

Traditional cash on cash: -0.08%

Airbnb Rental Income: $1500

Traditional Rental Income: $3072

Airbnb ROI: -1.44%

Traditional ROI: -0.08%

22173 Pondview

Novi, MI

2 beds | 2 baths | 1,270 sq.ft.

$219,900

Airbnb cash on cash: -1.53%

Traditional cash on cash: 3.42%

Airbnb Rental Income: $1054

Traditional Rental Income: $1720

Airbnb ROI: -1.53%

Traditional ROI: 3.42%

25797 Arcadia Drive

Novi, MI

3 beds | 3 baths | 2,790 sq.ft.

$697,000

Airbnb cash on cash: -1.63%

Traditional cash on cash: 2.28%

Airbnb Rental Income: $965

Traditional Rental Income: $3159

Airbnb ROI: -1.63%

Traditional ROI: 2.28%

43107 Emerson Way

Novi, MI

4 beds | 3 baths | 2,509 sq.ft.

$525,000

Airbnb cash on cash: -0.59%

Traditional cash on cash: 3.51%

Airbnb Rental Income: $1500

Traditional Rental Income: $3072

Airbnb ROI: -0.59%

Traditional ROI: 3.51%

22363 Peachtree

Novi, MI

2 beds | 2 baths | 1,600 sq.ft.

$215,000

Airbnb cash on cash: -1.67%

Traditional cash on cash: 6.05%

Airbnb Rental Income: $1054

Traditional Rental Income: $2263

Airbnb ROI: -1.67%