Real Estate Investment Properties for Sale in Shelbyville, MI
Looking for investment property in Shelbyville, MI with high ROI ?
Explore a variety of short-term homes & houses in Shelbyville, MI. Invest wisely with VRBO & Shelbyville, 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 Shelbyville, MI
| PROPERTY | DETAILS | SALE PRICE | INVESTMENT PERFORMANCE |
|---|---|---|---|
4135 W Joy RoadShelbyville, MIEnjoy the best of Gun Lake living with this charming 2-bedroom, 1-bath canal-front retreat... |
2 beds | 1 baths | 921 sq.ft. |
$459,900 |
Airbnb cash on cash: 0.28%
|
2681 Geneva Lake Drive SShelbyville, MIThis land provides a great opportunity to own Geneva Lake frontage on over 1.5 beautifully... |
2 beds | 1 baths | 546 sq.ft. |
$275,000 |
Airbnb cash on cash: 1.31%
|
13117 Lakeshore DriveShelbyville, MIEnjoy lake living with this 3-bedroom, 2-bath ranch on Gun Lake. This home features a open... |
3 beds | 2 baths | 1,585 sq.ft. |
$699,900 |
Airbnb cash on cash: 0.49%
|
2375 Patterson RoadShelbyville, MILakefront Retreat on Gun Lake! Enjoy waterfront living with this charming 2-bedroom, 1-bat... |
2 beds | 1 baths | 936 sq.ft. |
$549,000 |
Airbnb cash on cash: -0.04%
|
4335 Harmony DriveShelbyville, MISituated on one of Gun Lake's most desirable panoramic stretches, this beautifully maintai... |
3 beds | 3 baths | 1,647 sq.ft. |
$799,900 |
Airbnb cash on cash: 0.04%
|
4211 Lynden RoadShelbyville, MIThis immaculate, custom-built Gun Lake home is being offered for the first time since orig... |
3 beds | 3 baths | 2,378 sq.ft. |
$875,000 |
Airbnb cash on cash: -0.01%
|
4327 Harmony DriveShelbyville, MIWelcome to 4327 Harmony Drive on Gun Lake -- a waterfront home designed for year-round enj... |
4 beds | 3 baths | 2,437 sq.ft. |
$850,000 |
Airbnb cash on cash: 1.23%
|
11633 Marsh RoadShelbyville, MILive the Gun Lake lifestyle at 11633 Marsh Rd--where lake living, convenience, and flexibi... |
4 beds | 2 baths | 2,560 sq.ft. |
$639,900 |
Airbnb cash on cash: 2.38%
|
12597 Blue LagoonShelbyville, MIEnjoy waterfront living with 140 feet of channel frontage leading to Gun Lake. The propert... |
3 beds | 3 baths | 1,448 sq.ft. |
$549,000 |
Airbnb cash on cash: 1.1%
|
937 124th AvenueShelbyville, MIWayland schools under $200,000! Charming 2 bedroom, 1 full-bath home in Shelbyville, with ... |
2 beds | 1 baths | 720 sq.ft. |
$199,000 |
Airbnb cash on cash: 2.73%
|
685 129th AvenueShelbyville, MIClose attention to detail and pride of ownership shows in this 4 bedroom 3 bath home. Qual... |
4 beds | 3 baths | 1,922 sq.ft. |
$449,000 |
Airbnb cash on cash: 3.71%
|
Real Estate investment in Shelbyville, MI
There are 11 properties for sale in the city of Shelbyville . The median list price in Shelbyville is $349,900 and the average price per square foot is $169. In June 2026, the average monthly cash on cash return in Shelbyville is 3.00%. The average monthly rental income in Shelbyville is $2,634.