Real Estate Investment Properties for Sale in Reed City, MI

Looking for investment property in Reed City, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
14321 N Chestnut Avenue Reed City, MI This 2024-built 3-bedroom, 2-bath home is perfectly situated on 20 beautiful acres and off...	3 beds \| 2 baths \| 1,216 sq.ft.	$259,500	Airbnb cash on cash: 6.65% Traditional cash on cash: 6.98% Airbnb Rental Income: $2861 Traditional Rental Income: $2274 Airbnb ROI: 6.65% Traditional ROI: 6.98%
10815 S Hawkins Rd Reed City, MI 4 bedroom, 2 full bath home set on 10 acres w/ 2 car attached garage. Central Air. Fenced ...	4 beds \| 2 baths \| 1,976 sq.ft.	$299,900	Airbnb cash on cash: 4.9% Traditional cash on cash: 3.49% Airbnb Rental Income: $2477 Traditional Rental Income: $1479 Airbnb ROI: 4.9% Traditional ROI: 3.49%
18344 9 Mile Rd Reed City, MI Tucked away on five private acres in northern Osceola County, this spacious property offer...	5 beds \| 2 baths \| 3,090 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.96% Airbnb Rental Income: $null Traditional Rental Income: $2954 Airbnb ROI: N/A Traditional ROI: 7.96%
413 W Church Ave Reed City, MI Welcome to 413 W. Church Street in Reed City! Conveniently located on the outskirts of tow...	3 beds \| 1 baths \| 1,470 sq.ft.	$199,900	Airbnb cash on cash: 7.98% Traditional cash on cash: 7.67% Airbnb Rental Income: $2726 Traditional Rental Income: $2024 Airbnb ROI: 7.98% Traditional ROI: 7.67%
9928 Shady Ln Reed City, MI Come get a piece of the lakefront life! This 2 bed 2 bath ranch home is set up with a beau...	2 beds \| 2 baths \| 1,560 sq.ft.	$229,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 5.36% Airbnb Rental Income: $1227 Traditional Rental Income: $1684 Airbnb ROI: 1.44% Traditional ROI: 5.36%
21082 Elm St Reed City, MI This house situated just outside of Reed City near the parks system and close to town is i...	4 beds \| 2 baths \| 1,759 sq.ft.	$209,900	Airbnb cash on cash: 7.41% Traditional cash on cash: 8.61% Airbnb Rental Income: $2477 Traditional Rental Income: $2114 Airbnb ROI: 7.41% Traditional ROI: 8.61%
423 W Upton Ave Reed City, MI This Victorian fixer-upper is full of character you simply can't recreate today. Featuring...	4 beds \| 2 baths \| 1,890 sq.ft.	$200,000	Airbnb cash on cash: 7.83% Traditional cash on cash: 11.7% Airbnb Rental Income: $2477 Traditional Rental Income: $2611 Airbnb ROI: 7.83% Traditional ROI: 11.7%
332 W Upton Ave Reed City, MI Charming Downtown Reed City Duplex - Great Investment Opportunity! Don't miss this fantast...	5 beds \| N/A baths \| N/A	$189,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.27% Airbnb Rental Income: $null Traditional Rental Income: $1640 Airbnb ROI: N/A Traditional ROI: 6.27%
9941 210th Ave Reed City, MI This long-standing and highly successful auto body and painting business is ready for its ...	2 beds \| 2 baths \| 7,555 sq.ft.	$499,000	Airbnb cash on cash: -1.59% Traditional cash on cash: 1.23% Airbnb Rental Income: $1227 Traditional Rental Income: $2147 Airbnb ROI: -1.59% Traditional ROI: 1.23%
V/L 9 Mile Rd Reed City, MI V/L 9 Mile Rd, Reed City, MI 49677 \| Other	N/A beds \| N/A baths \| N/A	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.47% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 0.47%
2587 Old US Hwy 131 Reed City, MI	N/A beds \| N/A baths \| N/A	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.27% Airbnb Rental Income: $null Traditional Rental Income: $803 Airbnb ROI: N/A Traditional ROI: 0.27%
5235 S 220th Ave Reed City, MI 5235 S 220th Ave, Reed City, MI 49677 \| Other	N/A beds \| N/A baths \| N/A	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.74% Airbnb Rental Income: $null Traditional Rental Income: $760 Airbnb ROI: N/A Traditional ROI: -0.74%
(Lots 276 & 277) Alpine Dr Reed City, MI (Lots 276 & 277) Alpine Dr, Leroy, MI 49677 \| Other	N/A beds \| N/A baths \| N/A	$60,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.27% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 9.27%
22361 9 Mile Rd Reed City, MI 22361 9 Mile Rd, Reed City, MI 49677 \| Other	N/A beds \| N/A baths \| N/A	$89,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.17% Airbnb Rental Income: $null Traditional Rental Income: $760 Airbnb ROI: N/A Traditional ROI: 5.17%
531 W Franklin Avenue Reed City, MI Home in City of REED CITY- 4 Bedrooms- one down, 3 upstairs. 1 bath down stairs. Kitchen, ...	4 beds \| 1 baths \| 1,390 sq.ft.	$165,000	Airbnb cash on cash: 9.12% Traditional cash on cash: 9.17% Airbnb Rental Income: $2477 Traditional Rental Income: $1883 Airbnb ROI: 9.12% Traditional ROI: 9.17%
10 Acres +/- 3 Mile Rd Reed City, MI 10 Acres +/- 3 Mile Rd, Reed City, MI 49677 \| Other	N/A beds \| N/A baths \| N/A	$59,900	Airbnb cash on cash: N/A Traditional cash on cash: 11% Airbnb Rental Income: $null Traditional Rental Income: $903 Airbnb ROI: N/A Traditional ROI: 11%
419 N Chestnut St Reed City, MI 419 N Chestnut St, Reed City, MI 49677 \| Other	N/A beds \| N/A baths \| N/A	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.98% Airbnb Rental Income: $null Traditional Rental Income: $903 Airbnb ROI: N/A Traditional ROI: 3.98%
10131 Alpine Dr Reed City, MI Waterfront! Houses on the water get hard to find, especially one that has everything! This...	3 beds \| 2 baths \| 1,350 sq.ft.	$190,000	Airbnb cash on cash: 8.89% Traditional cash on cash: 9.81% Airbnb Rental Income: $2861 Traditional Rental Income: $2361 Airbnb ROI: 8.89% Traditional ROI: 9.81%
22440 11 Mile Rd Reed City, MI 22440 11 Mile Rd, Reed City, MI 49677 \| Other	N/A beds \| N/A baths \| N/A	$59,900	Airbnb cash on cash: N/A Traditional cash on cash: 11% Airbnb Rental Income: $null Traditional Rental Income: $903 Airbnb ROI: N/A Traditional ROI: 11%
10338 Alpine Dr Reed City, MI Ride. Fish. Relax. Repeat. Built for adventure. Finished for comfort. This BRAND NEW log h...	2 beds \| 1 baths \| 1,000 sq.ft.	$199,700	Airbnb cash on cash: 2.34% Traditional cash on cash: 9.21% Airbnb Rental Income: $1227 Traditional Rental Income: $2137 Airbnb ROI: 2.34% Traditional ROI: 9.21%
4079 Wild Turkey Trl Reed City, MI Fully remodelled 3-bedroom, 2-bath home featuring an updated open concept kitchen, beautif...	3 beds \| 2 baths \| 1,100 sq.ft.	$245,000	Airbnb cash on cash: 6.56% Traditional cash on cash: 5.89% Airbnb Rental Income: $2861 Traditional Rental Income: $2040 Airbnb ROI: 6.56% Traditional ROI: 5.89%
V/L S 230th Ave Reed City, MI V/L S 230th Ave, Reed City, MI 49677 \| Other	N/A beds \| N/A baths \| N/A	$99,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.84% Airbnb Rental Income: $null Traditional Rental Income: $903 Airbnb ROI: N/A Traditional ROI: 5.84%
8895 Grandview Trl Reed City, MI 8895 Grandview Trl, Reed City, MI 49677 \| Other	N/A beds \| N/A baths \| N/A	$80,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.72% Airbnb Rental Income: $null Traditional Rental Income: $916 Airbnb ROI: N/A Traditional ROI: 7.72%
17845 7 Mile Rd Reed City, MI 17845 7 Mile Rd, Reed City, MI 49677 \| Single Family Residential	2 beds \| 1 baths \| 1,639 sq.ft.	$194,900	Airbnb cash on cash: 1.49% Traditional cash on cash: 5.11% Airbnb Rental Income: $1227 Traditional Rental Income: $1505 Airbnb ROI: 1.49% Traditional ROI: 5.11%
322 E Osceola Ave Reed City, MI Welcome to 322 E Osceola Ave in Reed City, where updates, space, and convenience come toge...	3 beds \| 1 baths \| 1,013 sq.ft.	$194,500	Airbnb cash on cash: 9.75% Traditional cash on cash: 6.84% Airbnb Rental Income: $2861 Traditional Rental Income: $1659 Airbnb ROI: 9.75% Traditional ROI: 6.84%
213 S Higbee Street Reed City, MI Welcome to this charming and spacious home in Reed City offering 2 bedrooms, 1 bathroom, a...	2 beds \| 1 baths \| 1,622 sq.ft.	$160,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 7.72% Airbnb Rental Income: $1227 Traditional Rental Income: $1623 Airbnb ROI: 2.55% Traditional ROI: 7.72%
252 W Stimson Ave Reed City, MI Move-in ready and full of charm! This adorable home in Reed City offers comfortable living...	3 beds \| 2 baths \| 1,200 sq.ft.	$225,000	Airbnb cash on cash: 7.61% Traditional cash on cash: 7.1% Airbnb Rental Income: $2861 Traditional Rental Income: $2087 Airbnb ROI: 7.61% Traditional ROI: 7.1%
345 W Church Ave Reed City, MI Discover the potential of this charming in-town home! This cozy 2-bedroom, 1-bath property...	2 beds \| 1 baths \| 1,180 sq.ft.	$159,000	Airbnb cash on cash: 2.25% Traditional cash on cash: 3.41% Airbnb Rental Income: $1227 Traditional Rental Income: $1010 Airbnb ROI: 2.25% Traditional ROI: 3.41%

Real Estate investment in Reed-city, MI

There are 32 properties for sale in the city of Reed City . The median list price in Reed City is $139,928 and the average price per square foot is $78. In June 2026, the average monthly cash on cash return in Reed City is 8.00%. The average monthly rental income in Reed City is $1,672.

Reed-city, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 32 investment properties available for sale in Reed-city.

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

The ROI for Long-Term is higher than the Short-Term in Reed-city with average rental income of $1,672.

Your search for investment property begins and ends here

Investment Property for Sale in Reed City, MI

14321 N Chestnut Avenue

Reed City, MI

3 beds | 2 baths | 1,216 sq.ft.

$259,500

Airbnb cash on cash: 6.65%

Traditional cash on cash: 6.98%

Airbnb Rental Income: $2861

Traditional Rental Income: $2274

Airbnb ROI: 6.65%

Traditional ROI: 6.98%

10815 S Hawkins Rd

Reed City, MI

4 beds | 2 baths | 1,976 sq.ft.

$299,900

Airbnb cash on cash: 4.9%

Traditional cash on cash: 3.49%

Airbnb Rental Income: $2477

Traditional Rental Income: $1479

Airbnb ROI: 4.9%

Traditional ROI: 3.49%

18344 9 Mile Rd

Reed City, MI

5 beds | 2 baths | 3,090 sq.ft.

$289,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.96%

Airbnb Rental Income: $null

Traditional Rental Income: $2954

Airbnb ROI: N/A

Traditional ROI: 7.96%

413 W Church Ave

Reed City, MI

3 beds | 1 baths | 1,470 sq.ft.

$199,900

Airbnb cash on cash: 7.98%

Traditional cash on cash: 7.67%

Airbnb Rental Income: $2726

Traditional Rental Income: $2024

Airbnb ROI: 7.98%

Traditional ROI: 7.67%

9928 Shady Ln

Reed City, MI

2 beds | 2 baths | 1,560 sq.ft.

$229,000

Airbnb cash on cash: 1.44%

Traditional cash on cash: 5.36%

Airbnb Rental Income: $1227

Traditional Rental Income: $1684

Airbnb ROI: 1.44%

Traditional ROI: 5.36%

21082 Elm St

Reed City, MI

4 beds | 2 baths | 1,759 sq.ft.

$209,900

Airbnb cash on cash: 7.41%

Traditional cash on cash: 8.61%

Airbnb Rental Income: $2477

Traditional Rental Income: $2114

Airbnb ROI: 7.41%

Traditional ROI: 8.61%

423 W Upton Ave

Reed City, MI

4 beds | 2 baths | 1,890 sq.ft.

$200,000

Airbnb cash on cash: 7.83%

Traditional cash on cash: 11.7%

Airbnb Rental Income: $2477

Traditional Rental Income: $2611

Airbnb ROI: 7.83%

Traditional ROI: 11.7%

332 W Upton Ave

Reed City, MI

5 beds | N/A baths | N/A

$189,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.27%

Airbnb Rental Income: $null

Traditional Rental Income: $1640

Airbnb ROI: N/A