Real Estate Investment Properties for Sale in Royal Oak, MI

Looking for investment property in Royal Oak, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
818 Mohawk Avenue Royal Oak, MI Offer Deadline: Sunday, June 28, 2026 at 12:00 pm. Completely rebuilt 2,000 sf craftsman s...	4 beds \| 4 baths \| 2,000 sq.ft.	$699,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 2.33% Airbnb Rental Income: $2439 Traditional Rental Income: $3202 Airbnb ROI: 0.25% Traditional ROI: 2.33%
302 Dewey Street Royal Oak, MI Built in 2016 and located within walking distance of downtown Royal Oak, this 3-bedroom, 3...	3 beds \| 4 baths \| 2,922 sq.ft.	$655,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 3.01% Airbnb Rental Income: $1628 Traditional Rental Income: $3260 Airbnb ROI: -0.42% Traditional ROI: 3.01%
4313 Berkshire Road Royal Oak, MI Cute, Cozy, Clean 3 bedroom 2 full bathroom ranch with attached garage and bonus Three sea...	3 beds \| 2 baths \| 1,200 sq.ft.	$344,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 2.34% Airbnb Rental Income: $1628 Traditional Rental Income: $1855 Airbnb ROI: 0.22% Traditional ROI: 2.34%
432 S Washington Avenue #1804 Royal Oak, MI Downtown penthouse living reaches new heights from the 18th floor, where panoramic city vi...	2 beds \| 3 baths \| 2,277 sq.ft.	$799,000	Airbnb cash on cash: -3.68% Traditional cash on cash: -0.49% Airbnb Rental Income: $1240 Traditional Rental Income: $3218 Airbnb ROI: -3.68% Traditional ROI: -0.49%
1512 Edgewood Drive Royal Oak, MI Welcome to 1512 Edgewood Dr. a beautifully updated brick Colonial nestled in one of Royal ...	3 beds \| 2 baths \| 1,588 sq.ft.	$450,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 2.02% Airbnb Rental Income: $1628 Traditional Rental Income: $2143 Airbnb ROI: -0.29% Traditional ROI: 2.02%
322 E Harrison Avenue Royal Oak, MI Welcome to 322 E Harrison Ave #22 in the heart of Royal Oak. This top-floor penthouse loft...	2 beds \| 3 baths \| 1,905 sq.ft.	$550,000	Airbnb cash on cash: -2.42% Traditional cash on cash: 1.6% Airbnb Rental Income: $1240 Traditional Rental Income: $2912 Airbnb ROI: -2.42% Traditional ROI: 1.6%
3627 Hunter Avenue Royal Oak, MI Beautifully updated bungalow located minutes from Downtown Royal Oak and Downtown Birmingh...	2 beds \| 2 baths \| 1,772 sq.ft.	$379,900	Airbnb cash on cash: -0.71% Traditional cash on cash: 2.6% Airbnb Rental Income: $1240 Traditional Rental Income: $2025 Airbnb ROI: -0.71% Traditional ROI: 2.6%
2100 Brockton Avenue Royal Oak, MI Welcome to this 3 bedroom, 2 bath bungalow in highly sought after Royal Oak with award win...	3 beds \| 2 baths \| 1,150 sq.ft.	$330,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 2.81% Airbnb Rental Income: $1628 Traditional Rental Income: $1776 Airbnb ROI: 0.85% Traditional ROI: 2.81%
216 Linden Avenue Royal Oak, MI Fantastic price on this 3 bedroom vinyl sided bungalow with hardwood flooring throughout f...	3 beds \| 1 baths \| 1,406 sq.ft.	$250,000	Airbnb cash on cash: 2.12% Traditional cash on cash: 3.69% Airbnb Rental Income: $1628 Traditional Rental Income: $1539 Airbnb ROI: 2.12% Traditional ROI: 3.69%
2324 Dallas Avenue Royal Oak, MI OPEN HOUSE SUN 7/19, 2-4 PM Welcome to this sophisticated new construction home in Royal...	4 beds \| 3 baths \| 2,300 sq.ft.	$849,900	Airbnb cash on cash: 0.71% Traditional cash on cash: 2.29% Airbnb Rental Income: $2439 Traditional Rental Income: $3097 Airbnb ROI: 0.71% Traditional ROI: 2.29%
608 S Edgeworth Avenue Royal Oak, MI Move-in ready Royal Oak bungalow in one of the area's most desirable neighborhoods. This h...	3 beds \| 1 baths \| 1,550 sq.ft.	$365,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 2.5% Airbnb Rental Income: $1628 Traditional Rental Income: $1774 Airbnb ROI: 0.73% Traditional ROI: 2.5%
1222 E Lincoln Avenue Royal Oak, MI Just a half mile from Downtown Royal Oak, the Detroit Zoo, and OCC's Royal Oak campus, thi...	2 beds \| 1 baths \| 700 sq.ft.	$155,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 2.42% Airbnb Rental Income: $1240 Traditional Rental Income: $1080 Airbnb ROI: 0.83% Traditional ROI: 2.42%
622 N Rembrandt Avenue Royal Oak, MI Introducing an exceptional opportunity to own this beautifully updated bungalow in the hea...	3 beds \| 2 baths \| 1,200 sq.ft.	$399,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 2.23% Airbnb Rental Income: $1628 Traditional Rental Income: $1828 Airbnb ROI: 0.47% Traditional ROI: 2.23%
3224 N Wilson Avenue Royal Oak, MI Step into the charm of this beautifully updated home, where classic character meets modern...	3 beds \| 2 baths \| 1,247 sq.ft.	$350,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 2.43% Airbnb Rental Income: $1628 Traditional Rental Income: $1908 Airbnb ROI: 0.18% Traditional ROI: 2.43%
617 S Edgeworth Avenue Royal Oak, MI Cute ranch in the heart of Royal Oak offering charm, comfort, and exceptional outdoor livi...	2 beds \| 1 baths \| 855 sq.ft.	$278,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 1.67% Airbnb Rental Income: $1240 Traditional Rental Income: $1287 Airbnb ROI: -0.01% Traditional ROI: 1.67%
808 N Edgeworth Avenue Royal Oak, MI Welcome home to this beautifully updated 4 bedroom 2 bath Royal Oak bungalow that blends t...	4 beds \| 2 baths \| 1,167 sq.ft.	$399,000	Airbnb cash on cash: 2.63% Traditional cash on cash: 2.64% Airbnb Rental Income: $2439 Traditional Rental Income: $1848 Airbnb ROI: 2.63% Traditional ROI: 2.64%
1882 Wickham Street Royal Oak, MI Bright, updated end-unit townhouse in Royal Oak's desirable Coventry Park. The open main l...	2 beds \| 2 baths \| 1,226 sq.ft.	$230,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 2.38% Airbnb Rental Income: $1240 Traditional Rental Income: $1624 Airbnb ROI: -1.2% Traditional ROI: 2.38%
510 N Connecticut Avenue Royal Oak, MI Rare find to have an 80' residential property in coveted Royal Oak. This three bedroom hom...	3 beds \| 3 baths \| 1,668 sq.ft.	$519,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 2.23% Airbnb Rental Income: $1628 Traditional Rental Income: $2430 Airbnb ROI: -0.37% Traditional ROI: 2.23%
608 E Windemere Avenue Royal Oak, MI Move-in ready ranch in a prime location near 13 Mile & Rochester! Bright open Living, Kitc...	3 beds \| 2 baths \| 1,075 sq.ft.	$290,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 4.24% Airbnb Rental Income: $1628 Traditional Rental Income: $1884 Airbnb ROI: 1.62% Traditional ROI: 4.24%
1724 Taylor Avenue Royal Oak, MI Built in 2018 and impeccably maintained, this 3,450 sq ft colonial pairs modern comfort wi...	4 beds \| 4 baths \| 3,450 sq.ft.	$1,049,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 1.49% Airbnb Rental Income: $2439 Traditional Rental Income: $3863 Airbnb ROI: -0.57% Traditional ROI: 1.49%
432 S Washington Avenue #1404 Royal Oak, MI Experience the pinnacle of high-rise living at The Fifth, where rare southern exposure off...	3 beds \| 2 baths \| 1,842 sq.ft.	$749,900	Airbnb cash on cash: -3.2% Traditional cash on cash: -1.43% Airbnb Rental Income: $1628 Traditional Rental Income: $2407 Airbnb ROI: -3.2% Traditional ROI: -1.43%
316 S Edison Avenue Royal Oak, MI Charming Royal Oak bungalow just minutes from vibrant downtown! Step inside to a spacious ...	3 beds \| 1 baths \| 1,190 sq.ft.	$299,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 2.48% Airbnb Rental Income: $1628 Traditional Rental Income: $1564 Airbnb ROI: 1.07% Traditional ROI: 2.48%
2129 N Connecticut Avenue Royal Oak, MI Welcome to 2129 N. Connecticut Ave, located in the beautiful Red Run subdivision in the he...	3 beds \| 2 baths \| 1,581 sq.ft.	$410,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 2.74% Airbnb Rental Income: $1628 Traditional Rental Income: $2109 Airbnb ROI: 0.29% Traditional ROI: 2.74%
3712 Elmhurst Avenue Royal Oak, MI xperience modern living in this beautiful 4-bedroom, 2.5-bathroom home located in the hear...	4 beds \| 3 baths \| 2,286 sq.ft.	$799,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 2.27% Airbnb Rental Income: $2439 Traditional Rental Income: $3544 Airbnb ROI: -0.01% Traditional ROI: 2.27%
127 E La Salle Avenue Royal Oak, MI Welcome home to this beautifully updated mid-century ranch in one of Royal Oak's most desi...	2 beds \| 1 baths \| 1,474 sq.ft.	$314,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 3.17% Airbnb Rental Income: $1240 Traditional Rental Income: $1594 Airbnb ROI: 0.64% Traditional ROI: 3.17%
4221 W 14 Mile Road Royal Oak, MI This beautifully maintained condo offers an ideal location in Royal Oak, and just minutes ...	2 beds \| 3 baths \| 1,620 sq.ft.	$459,000	Airbnb cash on cash: -2.29% Traditional cash on cash: 2.54% Airbnb Rental Income: $1240 Traditional Rental Income: $2919 Airbnb ROI: -2.29% Traditional ROI: 2.54%
3409 Devon Road Royal Oak, MI Brick Duplex Home in a Sought-After Neighborhood on a Deep 206' Lot Ideal for a live-in la...	4 beds \| 3 baths \| 2,468 sq.ft.	$449,900	Airbnb cash on cash: 1.18% Traditional cash on cash: 4.36% Airbnb Rental Income: $2439 Traditional Rental Income: $3182 Airbnb ROI: 1.18% Traditional ROI: 4.36%
4102 Woodland Avenue Royal Oak, MI Move-in ready HUNTER ROBERTS-built home featuring a modern, flowing floor plan and decorat...	4 beds \| 5 baths \| 2,925 sq.ft.	$1,150,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 1.01% Airbnb Rental Income: $2439 Traditional Rental Income: $3466 Airbnb ROI: -0.5% Traditional ROI: 1.01%
2331 Rowland Avenue Royal Oak, MI Welcome home to this charming move-in-ready ranch in the heart of Royal Oak! Featuring 2 b...	2 beds \| 1 baths \| 864 sq.ft.	$230,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 2.76% Airbnb Rental Income: $1240 Traditional Rental Income: $1276 Airbnb ROI: 0.78% Traditional ROI: 2.76%
2215 N Connecticut Avenue Royal Oak, MI Welcome to this amazing Red Run bungalow that stands out as the ultimate setting for every...	3 beds \| 2 baths \| 1,685 sq.ft.	$435,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 2.29% Airbnb Rental Income: $1628 Traditional Rental Income: $2179 Airbnb ROI: -0.19% Traditional ROI: 2.29%
2009 W 14 Mile Road Royal Oak, MI Owner said let's sell. Newly Reduced Price! Don't miss your chance to own an Exceptional D...	4 beds \| 2 baths \| 2,027 sq.ft.	$464,900	Airbnb cash on cash: 1.17% Traditional cash on cash: 3% Airbnb Rental Income: $2439 Traditional Rental Income: $2640 Airbnb ROI: 1.17% Traditional ROI: 3%
1022 Whitcomb Avenue Royal Oak, MI This adorable ranch is proof that great things come in smaller packages. Cute from the cur...	3 beds \| 2 baths \| 776 sq.ft.	$315,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 2.69% Airbnb Rental Income: $1628 Traditional Rental Income: $1633 Airbnb ROI: 1.12% Traditional ROI: 2.69%
717 S Kenwood Avenue Royal Oak, MI Welcome home to this beautifully maintained Royal Oak residence, ideally located just minu...	3 beds \| 3 baths \| 2,308 sq.ft.	$599,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 1.6% Airbnb Rental Income: $1628 Traditional Rental Income: $2564 Airbnb ROI: -0.9% Traditional ROI: 1.6%
2120 VINSETTA Boulevard Royal Oak, MI Beautiful Cape Cod on a premier street in Royal Oak. Hardwood floors in living room and di...	4 beds \| 3 baths \| 1,917 sq.ft.	$615,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 2.14% Airbnb Rental Income: $2439 Traditional Rental Income: $2740 Airbnb ROI: 0.58% Traditional ROI: 2.14%
513 N Altadena Avenue Royal Oak, MI Beautifully renovated and truly turnkey, this 3-bedroom bungalow offers a rare blend of ti...	3 beds \| 1 baths \| 1,100 sq.ft.	$365,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 1.94% Airbnb Rental Income: $1628 Traditional Rental Income: $1471 Airbnb ROI: 1.06% Traditional ROI: 1.94%
135 N Connecticut Avenue Royal Oak, MI Welcome to this charming Colonial in the heart of Royal Oak, offering 4 Bedrooms, 2 full B...	4 beds \| 2 baths \| 1,709 sq.ft.	$405,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 2.97% Airbnb Rental Income: $2439 Traditional Rental Income: $2258 Airbnb ROI: 1.88% Traditional ROI: 2.97%
1429 S Main St. Royal Oak, MI	2 beds \| 2 baths \| N/A	$287,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 4.69% Airbnb Rental Income: $1240 Traditional Rental Income: $2058 Airbnb ROI: 0.21% Traditional ROI: 4.69%
215 La Plaza Court Royal Oak, MI Ideally located just minutes from downtown Royal Oak, this custom-built 4-bedroom, 2.5-bat...	4 beds \| 3 baths \| 2,340 sq.ft.	$650,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 2.07% Airbnb Rental Income: $2439 Traditional Rental Income: $2854 Airbnb ROI: 0.41% Traditional ROI: 2.07%

Real Estate investment in Royal-oak, MI

There are 203 properties for sale in the city of Royal Oak . The median list price in Royal Oak is $374,776 and the average price per square foot is $216. In July 2026, the average monthly cash on cash return in Royal Oak is 3.00%. The average monthly rental income in Royal Oak is $2,061.

Royal-oak, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 203 investment properties available for sale in Royal-oak.

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

The ROI for Long-Term is higher than the Short-Term in Royal-oak with average rental income of $2,061.

Your search for investment property begins and ends here

Investment Property for Sale in Royal Oak, MI

818 Mohawk Avenue

Royal Oak, MI

4 beds | 4 baths | 2,000 sq.ft.

$699,000

Airbnb cash on cash: 0.25%

Traditional cash on cash: 2.33%

Airbnb Rental Income: $2439

Traditional Rental Income: $3202

Airbnb ROI: 0.25%

Traditional ROI: 2.33%

302 Dewey Street

Royal Oak, MI

3 beds | 4 baths | 2,922 sq.ft.

$655,000

Airbnb cash on cash: -0.42%

Traditional cash on cash: 3.01%

Airbnb Rental Income: $1628

Traditional Rental Income: $3260

Airbnb ROI: -0.42%

Traditional ROI: 3.01%

4313 Berkshire Road

Royal Oak, MI

3 beds | 2 baths | 1,200 sq.ft.

$344,000

Airbnb cash on cash: 0.22%

Traditional cash on cash: 2.34%

Airbnb Rental Income: $1628

Traditional Rental Income: $1855

Airbnb ROI: 0.22%

Traditional ROI: 2.34%

432 S Washington Avenue #1804

Royal Oak, MI

2 beds | 3 baths | 2,277 sq.ft.

$799,000

Airbnb cash on cash: -3.68%

Traditional cash on cash: -0.49%

Airbnb Rental Income: $1240

Traditional Rental Income: $3218

Airbnb ROI: -3.68%

Traditional ROI: -0.49%

1512 Edgewood Drive

Royal Oak, MI

3 beds | 2 baths | 1,588 sq.ft.

$450,000

Airbnb cash on cash: -0.29%

Traditional cash on cash: 2.02%

Airbnb Rental Income: $1628

Traditional Rental Income: $2143

Airbnb ROI: -0.29%

Traditional ROI: 2.02%

322 E Harrison Avenue

Royal Oak, MI

2 beds | 3 baths | 1,905 sq.ft.

$550,000

Airbnb cash on cash: -2.42%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $1240

Traditional Rental Income: $2912

Airbnb ROI: -2.42%

Traditional ROI: 1.6%

3627 Hunter Avenue

Royal Oak, MI

2 beds | 2 baths | 1,772 sq.ft.

$379,900

Airbnb cash on cash: -0.71%

Traditional cash on cash: 2.6%

Airbnb Rental Income: $1240

Traditional Rental Income: $2025

Airbnb ROI: -0.71%

Traditional ROI: 2.6%

2100 Brockton Avenue

Royal Oak, MI

3 beds | 2 baths | 1,150 sq.ft.

$330,000

Airbnb cash on cash: 0.85%

Traditional cash on cash: 2.81%

Airbnb Rental Income: $1628

Traditional Rental Income: $1776

Airbnb ROI: 0.85%