Real Estate Investment Properties for Sale in Michigan

Looking for investment property in Michigan with high ROI ?

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

Q: Which city in Michigan to invest in for highest ROI on long term rental properties in 2026

In 2026, Holtis the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1021 Clear Creek Drive Rochester Hills, MI EXCEPTIONALLY RARE OPPORTUNITY to SECURE the "Idea Show House" Model in Prestigious & High...	4 beds \| 5 baths \| 5,272 sq.ft.	$1,997,500	Airbnb cash on cash: -1.42% Traditional cash on cash: 0.48% Airbnb Rental Income: $1968 Traditional Rental Income: $4965 Airbnb ROI: -1.42% Traditional ROI: 0.48%
2309 WALTON Boulevard #32 Rochester Hills, MI Incredibly affordable and fabulous first floor condo in Rochester Hills. This fully renova...	2 beds \| 1 baths \| 1,058 sq.ft.	$145,000	Airbnb cash on cash: -2.78% Traditional cash on cash: 4.35% Airbnb Rental Income: $819 Traditional Rental Income: $1483 Airbnb ROI: -2.78% Traditional ROI: 4.35%
3139 Willet Avenue Rochester Hills, MI On a peaceful, private, paved, road with, no HOA, no outlet and low traffic is a charming ...	3 beds \| 2 baths \| 1,336 sq.ft.	$339,900	Airbnb cash on cash: 1.21% Traditional cash on cash: 3.67% Airbnb Rental Income: $1622 Traditional Rental Income: $1949 Airbnb ROI: 1.21% Traditional ROI: 3.67%
700 Tennyson Rochester Hills, MI Welcome to this wonderful End-Unit, Open Concept home located in Hampton on the Green Golf...	2 beds \| 2 baths \| 1,108 sq.ft.	$265,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 3.89% Airbnb Rental Income: $819 Traditional Rental Income: $1589 Airbnb ROI: -0.5% Traditional ROI: 3.89%
1115 N Old Woodward Ave Birmingham, MI 1115 N Old Woodward Ave, Birmingham, MI 48009 \| Condo/Coop	1 beds \| 1 baths \| 909 sq.ft.	$285,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 0.17% Airbnb Rental Income: $1345 Traditional Rental Income: $1153 Airbnb ROI: -0.65% Traditional ROI: 0.17%
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.	$680,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 2.86% Airbnb Rental Income: $1569 Traditional Rental Income: $3260 Airbnb ROI: -0.52% Traditional ROI: 2.86%
208 Girard Avenue Royal Oak, MI Your dream home just hit the market! Welcome to 208 Girard, a turnkey and totally charming...	3 beds \| 2 baths \| 1,302 sq.ft.	$389,900	Airbnb cash on cash: 0.34% Traditional cash on cash: 2.45% Airbnb Rental Income: $1569 Traditional Rental Income: $1889 Airbnb ROI: 0.34% Traditional ROI: 2.45%
31505 Kennoway Ct Beverly Hills, MI Award-winning historic restoration set on a rare 2.5-acre lot along the Rouge River, this ...	5 beds \| 2 baths \| 6,200 sq.ft.	$2,100,000	Airbnb cash on cash: -0.62% Traditional cash on cash: -0.4% Airbnb Rental Income: $2685 Traditional Rental Income: $2477 Airbnb ROI: -0.62% Traditional ROI: -0.4%
66 Winder St #332 Detroit, MI Beautiful Corner Loft with Amazing Views of Downtown Skyline. Located in Popular Brush Par...	2 beds \| 2 baths \| 1,446 sq.ft.	$435,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 3.34% Airbnb Rental Income: $2232 Traditional Rental Income: $2697 Airbnb ROI: 0.82% Traditional ROI: 3.34%
501 Emerald Avenue NE Grand Rapids, MI Located in Grand Rapids' sought-after Midtown neighborhood, this 3-bedroom, 1.5-bath home ...	3 beds \| 2 baths \| 1,753 sq.ft.	$350,000	Airbnb cash on cash: 2.26% Traditional cash on cash: 4.66% Airbnb Rental Income: $1957 Traditional Rental Income: $2233 Airbnb ROI: 2.26% Traditional ROI: 4.66%
3201 Asher Road Ann Arbor, MI Discover this premium Berkshire Creek end-unit home, where modern design meets everyday ea...	2 beds \| 3 baths \| 2,179 sq.ft.	$447,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 2.06% Airbnb Rental Income: $1553 Traditional Rental Income: $2475 Airbnb ROI: -1.22% Traditional ROI: 2.06%
1295 Smith Ave Birmingham, MI In-town Birmingham living with a rare attached 2-car garage! This 3-bedroom, 2.5-bath home...	3 beds \| 2 baths \| 2,340 sq.ft.	$724,900	Airbnb cash on cash: -0.59% Traditional cash on cash: 1.53% Airbnb Rental Income: $1706 Traditional Rental Income: $2669 Airbnb ROI: -0.59% Traditional ROI: 1.53%
750 Hazelwood St Birmingham, MI Architectural sophistication meets modern luxury in this extraordinary contemporary reside...	3 beds \| 3 baths \| 3,452 sq.ft.	$1,499,000	Airbnb cash on cash: -1.44% Traditional cash on cash: -0.5% Airbnb Rental Income: $1706 Traditional Rental Income: $2547 Airbnb ROI: -1.44% Traditional ROI: -0.5%
1217 El Camino Drive NW Grand Rapids, MI Exceptional residence offering a rare sense of privacy and a refined, collected aesthetic,...	4 beds \| 5 baths \| 4,689 sq.ft.	$699,900	Airbnb cash on cash: 0.69% Traditional cash on cash: 6.05% Airbnb Rental Income: $2408 Traditional Rental Income: $5313 Airbnb ROI: 0.69% Traditional ROI: 6.05%
1497 Stanley Boulevard Birmingham, MI This beautiful newer-construction home is ideally located on a picturesque boulevard in on...	4 beds \| 4 baths \| 3,335 sq.ft.	$1,699,990	Airbnb cash on cash: N/A Traditional cash on cash: 2.36% Airbnb Rental Income: $null Traditional Rental Income: $7925 Airbnb ROI: N/A Traditional ROI: 2.36%
484 Park St Birmingham, MI This sophisticated, custom built home in Birmingham's ''Little San Francisco'' neighborhoo...	4 beds \| 4 baths \| 4,055 sq.ft.	$1,895,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.49% Airbnb Rental Income: $null Traditional Rental Income: $7363 Airbnb ROI: N/A Traditional ROI: 1.49%
1689 Morning Dew Drive SW Byron Center, MI You will LOVE this Farmhouse-style 2 story home nestled in the very sought-after Byron Cen...	4 beds \| 4 baths \| 2,650 sq.ft.	$445,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 5.35% Airbnb Rental Income: $2390 Traditional Rental Income: $3223 Airbnb ROI: 1.94% Traditional ROI: 5.35%
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.	$349,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 2.3% Airbnb Rental Income: $1569 Traditional Rental Income: $1855 Airbnb ROI: 0.05% Traditional ROI: 2.3%
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: -3.57% Traditional cash on cash: -0.49% Airbnb Rental Income: $1342 Traditional Rental Income: $3218 Airbnb ROI: -3.57% 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: -0.41% Traditional cash on cash: 2.02% Airbnb Rental Income: $1569 Traditional Rental Income: $2143 Airbnb ROI: -0.41% Traditional ROI: 2.02%
112 Watson St #22 Detroit, MI Experience authentic urban living in the heart of Brush Park at Lamar Lofts, a character-r...	1 beds \| 1 baths \| 834 sq.ft.	$249,000	Airbnb cash on cash: 0.26% Traditional cash on cash: -0.41% Airbnb Rental Income: $1528 Traditional Rental Income: $926 Airbnb ROI: 0.26% Traditional ROI: -0.41%
1300 E Lafayette St #1812 Detroit, MI 1300 E Lafayette St #1812, Detroit, MI 48207 \| Condo/Coop	2 beds \| 2 baths \| 1,210 sq.ft.	$269,000	Airbnb cash on cash: -0.73% Traditional cash on cash: -5.41% Airbnb Rental Income: $3251 Traditional Rental Income: $1332 Airbnb ROI: -0.73% Traditional ROI: -5.41%
8200 Jefferson Ave E #803 Detroit, MI 8200 Jefferson Ave E #803, Detroit, MI 48214 \| Condo/Coop	2 beds \| 2 baths \| 1,142 sq.ft.	$165,900	Airbnb cash on cash: -6.88% Traditional cash on cash: -1.76% Airbnb Rental Income: $836 Traditional Rental Income: $1318 Airbnb ROI: -6.88% Traditional ROI: -1.76%
108 Henderson Place Cadillac, MI NOT FOR RENT! Even more adorable and cozy than it looks! This turn key tiny home is well b...	1 beds \| 1 baths \| 400 sq.ft.	$141,400	Airbnb cash on cash: 1.68% Traditional cash on cash: 3.07% Airbnb Rental Income: $883 Traditional Rental Income: $735 Airbnb ROI: 1.68% Traditional ROI: 3.07%
2839 Ruby Street Traverse City, MI Welcome to 2839 Ruby St, a stunning new home in one of Traverse Cityâs most sought-after...	3 beds \| 3 baths \| 1,626 sq.ft.	$454,690	Airbnb cash on cash: 4.21% Traditional cash on cash: 3.53% Airbnb Rental Income: $3403 Traditional Rental Income: $2358 Airbnb ROI: 4.21% Traditional ROI: 3.53%
2900 E Jefferson Ave #C4 Detroit, MI Looking to live in a piece of Detroit's architectural history? Garden Court offers elegant...	3 beds \| 2 baths \| 2,883 sq.ft.	$360,000	Airbnb cash on cash: -3.58% Traditional cash on cash: 1.12% Airbnb Rental Income: $1024 Traditional Rental Income: $2255 Airbnb ROI: -3.58% Traditional ROI: 1.12%
18704 Sunderland Rd Detroit, MI Charming 2 bedroom ranch. Great for first time buyer or investor. Close to main streets, ...	2 beds \| 1 baths \| 1,420 sq.ft.	$131,500	Airbnb cash on cash: 0.7% Traditional cash on cash: 6.11% Airbnb Rental Income: $712 Traditional Rental Income: $1088 Airbnb ROI: 0.7% Traditional ROI: 6.11%
2400 Troon South #4002 Bellaire, MI Enjoy views of the 18th hole and pond at the Lodge at Cedar River Village. This updated 1...	1 beds \| 1 baths \| 594 sq.ft.	$119,000	Airbnb cash on cash: -4.89% Traditional cash on cash: 2.29% Airbnb Rental Income: $762 Traditional Rental Income: $1270 Airbnb ROI: -4.89% Traditional ROI: 2.29%
20451 Kentucky Street Detroit, MI This stunning 3-bedroom is back on the market due to buyer funding issues. This 1.5-bath r...	3 beds \| 2 baths \| 1,043 sq.ft.	$159,000	Airbnb cash on cash: 2.77% Traditional cash on cash: 8.7% Airbnb Rental Income: $1261 Traditional Rental Income: $1762 Airbnb ROI: 2.77% Traditional ROI: 8.7%
19189 Dresden St Detroit, MI Welcome to 19189 Dresden Street, Detroit, MI 48205! This beautifully updated 3-bedroom, 1-...	3 beds \| 1 baths \| 890 sq.ft.	$109,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 7.83% Airbnb Rental Income: $887 Traditional Rental Income: $1343 Airbnb ROI: 0.38% Traditional ROI: 7.83%
6519 Schuss Mountain Ln Mancelona, MI Welcome to an exceptional retreat at Schuss Mountain! This rare slope-side, TURN KEY end u...	2 beds \| 2 baths \| 850 sq.ft.	$230,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 3.39% Airbnb Rental Income: $1062 Traditional Rental Income: $1557 Airbnb ROI: -0.57% Traditional ROI: 3.39%
2633 Burlingame St Detroit, MI Welcome to 2633 Burlingame - a thoughtfully remodeled Tudor-style home blending timeless 1...	4 beds \| 1 baths \| 1,922 sq.ft.	$209,000	Airbnb cash on cash: 3.1% Traditional cash on cash: 10.15% Airbnb Rental Income: $1510 Traditional Rental Income: $2468 Airbnb ROI: 3.1% Traditional ROI: 10.15%
8151 Rolyat St Detroit, MI OPORTUNITY!!! New on the market this gem in a perfect location. This nice brick house is l...	4 beds \| 1 baths \| 128 sq.ft.	$99,000	Airbnb cash on cash: 3.09% Traditional cash on cash: 5.59% Airbnb Rental Income: $1188 Traditional Rental Income: $1042 Airbnb ROI: 3.09% Traditional ROI: 5.59%
1300 E Lafayette St #1509 Detroit, MI OPEN HOUSE SUNDAY, June 14th, 2026- 2pm-4pm. Welcome to your upper level luxurious lifesty...	1 beds \| 1 baths \| 800 sq.ft.	$72,000	Airbnb cash on cash: -6.7% Traditional cash on cash: -1.74% Airbnb Rental Income: $1564 Traditional Rental Income: $1468 Airbnb ROI: -6.7% Traditional ROI: -1.74%
17103 Patton St Detroit, MI The property is tenant occupied with a paying tenant at $600 a month. Please do not distur...	3 beds \| 1 baths \| 1,375 sq.ft.	$209,900	Airbnb cash on cash: 0.94% Traditional cash on cash: 4.66% Airbnb Rental Income: $922 Traditional Rental Income: $1320 Airbnb ROI: 0.94% Traditional ROI: 4.66%
6491 Stahelin Avenue Detroit, MI Make this 3 bedrooms your primary residence or investment property. Near Warrendale and mi...	3 beds \| 1 baths \| 1,129 sq.ft.	$119,000	Airbnb cash on cash: 4.68% Traditional cash on cash: 7.44% Airbnb Rental Income: $1240 Traditional Rental Income: $1162 Airbnb ROI: 4.68% Traditional ROI: 7.44%
3578 Saginaw Street National City, MI Absolutely Adorable & Meticulously maintained Cottage on ALL-Sports Floyd Lake. 60 feet of...	2 beds \| 1 baths \| 576 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.15% Airbnb Rental Income: $null Traditional Rental Income: $1586 Airbnb ROI: N/A Traditional ROI: 6.15%

Real Estate investment in Michigan

There are 32,319 properties available for sale in the state of Michigan. Holt, Cement City and Palmyra are the best rental property markets in Michigan. The average median price of properties for sale in these cities are $321,713 and the average price per square foot is $0. Their average monthly cash on cash return is 5.33%.

Michigan Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 32,319 investment properties available for sale in Michigan.

In 2026, Holt is the best city to buy investment properties. Find more investment properties today!

In 2026, Holt (6%) and Cement City (5%) has the highest cash on cash return for long term rentals in Michigan.

Your search for investment property begins and ends here

Investment Property for Sale in Michigan

1021 Clear Creek Drive

Rochester Hills, MI

4 beds | 5 baths | 5,272 sq.ft.

$1,997,500

Airbnb cash on cash: -1.42%

Traditional cash on cash: 0.48%

Airbnb Rental Income: $1968

Traditional Rental Income: $4965

Airbnb ROI: -1.42%

Traditional ROI: 0.48%

2309 WALTON Boulevard #32

Rochester Hills, MI

2 beds | 1 baths | 1,058 sq.ft.

$145,000

Airbnb cash on cash: -2.78%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $819

Traditional Rental Income: $1483

Airbnb ROI: -2.78%

Traditional ROI: 4.35%

3139 Willet Avenue

Rochester Hills, MI

3 beds | 2 baths | 1,336 sq.ft.

$339,900

Airbnb cash on cash: 1.21%

Traditional cash on cash: 3.67%

Airbnb Rental Income: $1622

Traditional Rental Income: $1949

Airbnb ROI: 1.21%

Traditional ROI: 3.67%

700 Tennyson

Rochester Hills, MI

2 beds | 2 baths | 1,108 sq.ft.

$265,000

Airbnb cash on cash: -0.5%

Traditional cash on cash: 3.89%

Airbnb Rental Income: $819

Traditional Rental Income: $1589

Airbnb ROI: -0.5%

Traditional ROI: 3.89%

1115 N Old Woodward Ave

Birmingham, MI

1 beds | 1 baths | 909 sq.ft.

$285,000

Airbnb cash on cash: -0.65%

Traditional cash on cash: 0.17%

Airbnb Rental Income: $1345

Traditional Rental Income: $1153

Airbnb ROI: -0.65%

Traditional ROI: 0.17%

302 Dewey Street

Royal Oak, MI

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

$680,000

Airbnb cash on cash: -0.52%

Traditional cash on cash: 2.86%

Airbnb Rental Income: $1569

Traditional Rental Income: $3260

Airbnb ROI: -0.52%

Traditional ROI: 2.86%

208 Girard Avenue

Royal Oak, MI

3 beds | 2 baths | 1,302 sq.ft.

$389,900

Airbnb cash on cash: 0.34%

Traditional cash on cash: 2.45%

Airbnb Rental Income: $1569

Traditional Rental Income: $1889

Airbnb ROI: 0.34%

Traditional ROI: 2.45%

31505 Kennoway Ct

Beverly Hills, MI

5 beds | 2 baths | 6,200 sq.ft.

$2,100,000

Airbnb cash on cash: -0.62%

Traditional cash on cash: -0.4%

Airbnb Rental Income: $2685

Traditional Rental Income: $2477

Airbnb ROI: -0.62%