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, Cement Cityis 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: -1.56% Traditional cash on cash: 0.48% Airbnb Rental Income: $1646 Traditional Rental Income: $4965 Airbnb ROI: -1.56% Traditional ROI: 0.48%
1115 N Old Woodward Ave Birmingham, MI 1115 N Old Woodward Ave, Birmingham, MI 48009 \| Condo/Coop	1 beds \| 1 baths \| 909 sq.ft.	$275,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 0.27% Airbnb Rental Income: $1372 Traditional Rental Income: $1153 Airbnb ROI: -0.5% Traditional ROI: 0.27%
66 WINDER Street #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.	$399,900	Airbnb cash on cash: 1.64% Traditional cash on cash: 3.72% Airbnb Rental Income: $2528 Traditional Rental Income: $2697 Airbnb ROI: 1.64% Traditional ROI: 3.72%
1135 Shelby Street #2404 Detroit, MI Priced to SELL + PRISTINE inside and available FULLY FURNISHED! Own a piece of Detroit his...	2 beds \| 2 baths \| 1,355 sq.ft.	$399,000	Airbnb cash on cash: -4.51% Traditional cash on cash: -3.2% Airbnb Rental Income: $2470 Traditional Rental Income: $2359 Airbnb ROI: -4.51% Traditional ROI: -3.2%
2543 Antietam Drive Ann Arbor, MI Nestled into a hillside, this split-level home offers 3 levels and a basement, 3 bedrooms,...	3 beds \| 2 baths \| 1,764 sq.ft.	$444,900	Airbnb cash on cash: 0.72% Traditional cash on cash: 3.45% Airbnb Rental Income: $2316 Traditional Rental Income: $2880 Airbnb ROI: 0.72% Traditional ROI: 3.45%
1526 E Melton Road Birmingham, MI Pristine & professionally updated 3/2 Birmingham brick bungalow retaining the charm of vin...	3 beds \| 2 baths \| 1,039 sq.ft.	$419,900	Airbnb cash on cash: -0.37% Traditional cash on cash: 1.49% Airbnb Rental Income: $1553 Traditional Rental Income: $1835 Airbnb ROI: -0.37% Traditional ROI: 1.49%
1222 Davis Avenue Birmingham, MI Built in 2016 and in like-new condition, this 4-bedroom, 3.5-bath Birmingham home pairs ti...	4 beds \| 4 baths \| 2,517 sq.ft.	$1,095,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.14% Airbnb Rental Income: $null Traditional Rental Income: $2713 Airbnb ROI: N/A Traditional ROI: -0.14%
1830 Bridge Street NW Grand Rapids, MI Welcome to 1830 Bridge Street, a beautifully maintained Tudor filled with timeless charact...	3 beds \| 3 baths \| 2,131 sq.ft.	$725,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 0.13% Airbnb Rental Income: $2322 Traditional Rental Income: $1560 Airbnb ROI: 0.41% Traditional ROI: 0.13%
908 Oakland Ave Birmingham, MI 908 Oakland Ave, Birmingham, MI 48009 \| Single Family Residential	4 beds \| 5 baths \| 5,030 sq.ft.	$2,299,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.51% Airbnb Rental Income: $null Traditional Rental Income: $4402 Airbnb ROI: N/A Traditional ROI: -0.51%
484 Park Street Birmingham, MI This sophisticated, custom-built home in Birmingham's coveted "Little San Francisco" neigh...	4 beds \| 5 baths \| 4,055 sq.ft.	$1,750,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.7% Airbnb Rental Income: $null Traditional Rental Income: $7363 Airbnb ROI: N/A Traditional ROI: 1.7%
1186 Chapin Ave Birmingham, MI 1186 Chapin Ave, Birmingham, MI 48009 \| Single Family Residential	4 beds \| 3 baths \| 3,645 sq.ft.	$1,199,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.18% Airbnb Rental Income: $null Traditional Rental Income: $2713 Airbnb ROI: N/A Traditional ROI: -0.18%
940 Monroe Avenue NW #221 Grand Rapids, MI Perfectly positioned on the second floor, this western-facing urban retreat blends the arc...	2 beds \| 1 baths \| 936 sq.ft.	$315,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 1.17% Airbnb Rental Income: $1645 Traditional Rental Income: $1301 Airbnb ROI: 0.76% Traditional ROI: 1.17%
4293 Cidermill Drive #19 Wayland, MI Welcome to effortless, low-maintenance living in the highly desirable Harvest Meadows comm...	2 beds \| 1 baths \| 980 sq.ft.	$234,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 1.31% Airbnb Rental Income: $1470 Traditional Rental Income: $864 Airbnb ROI: 2.09% Traditional ROI: 1.31%
711 Kayser Avenue Royal Oak, MI Move-in ready and freshly painted throughout, this charming Royal Oak ranch sits shaded be...	3 beds \| 2 baths \| 1,560 sq.ft.	$309,900	Airbnb cash on cash: 2.09% Traditional cash on cash: 4.69% Airbnb Rental Income: $1884 Traditional Rental Income: $2139 Airbnb ROI: 2.09% Traditional ROI: 4.69%
2400 Guthrie Avenue Royal Oak, MI Welcome to 2400 Guthrie Avenue, a 3-bedroom, 2-bath bungalow offering approximately 1,200 ...	3 beds \| 2 baths \| 1,215 sq.ft.	$225,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 6.94% Airbnb Rental Income: $1884 Traditional Rental Income: $2208 Airbnb ROI: 3.05% Traditional ROI: 6.94%
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.	$699,000	Airbnb cash on cash: -3.7% Traditional cash on cash: -0.42% Airbnb Rental Income: $1520 Traditional Rental Income: $3218 Airbnb ROI: -3.7% Traditional ROI: -0.42%
1327 Alicia Court Royal Oak, MI Welcome to 1327 Alicia Ct, a 4-bedroom Royal Oak home for sale in the desirable Vinsetta a...	4 beds \| 3 baths \| 1,800 sq.ft.	$570,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 1.87% Airbnb Rental Income: $2417 Traditional Rental Income: $2657 Airbnb ROI: 0.31% Traditional ROI: 1.87%
4428 N Verona Circle Royal Oak, MI This beautifully landscaped brick ranch in north Royal Oak's sought-after Beverly Hills su...	3 beds \| 2 baths \| 1,362 sq.ft.	$404,900	Airbnb cash on cash: 0.69% Traditional cash on cash: 2.37% Airbnb Rental Income: $1884 Traditional Rental Income: $2018 Airbnb ROI: 0.69% Traditional ROI: 2.37%
1570 Northlawn Blvd Birmingham, MI 1570 Northlawn Blvd, Birmingham, MI 48009 \| Single Family Residential	6 beds \| 6 baths \| 6,759 sq.ft.	$3,800,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.63% Airbnb Rental Income: $null Traditional Rental Income: $6792 Airbnb ROI: N/A Traditional ROI: -0.63%
1815 Bowers Street Birmingham, MI Remarkable opportunity in Birmingham's highly sought-after Rail District, ideally situated...	3 beds \| 1 baths \| 916 sq.ft.	$499,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 1.91% Airbnb Rental Income: $1553 Traditional Rental Income: $2286 Airbnb ROI: -0.62% Traditional ROI: 1.91%
1009 Adams Street SE Grand Rapids, MI Completely remodeled and move-in ready! This 3-bedroom, 1.5-bath Grand Rapids home feature...	3 beds \| 2 baths \| 1,349 sq.ft.	$249,900	Airbnb cash on cash: 6.49% Traditional cash on cash: 6.49% Airbnb Rental Income: $2597 Traditional Rental Income: $1977 Airbnb ROI: 6.49% Traditional ROI: 6.49%
1872 Banbury Street Birmingham, MI Welcome home to this charming three-bedroom, two-bath bungalow nestled on a spacious, priv...	3 beds \| 2 baths \| 1,715 sq.ft.	$550,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 1.6% Airbnb Rental Income: $1553 Traditional Rental Income: $2185 Airbnb ROI: -0.5% Traditional ROI: 1.6%
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.	$118,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 3.84% Airbnb Rental Income: $813 Traditional Rental Income: $735 Airbnb ROI: 1.68% Traditional ROI: 3.84%
608 Lake Street Fife Lake, MI Set above Fife Lake, this 4-bedroom, 2-bath log home pairs incredible sunrise views with a...	4 beds \| 2 baths \| 1,927 sq.ft.	$449,900	Airbnb cash on cash: 1.09% Traditional cash on cash: 4.1% Airbnb Rental Income: $2009 Traditional Rental Income: $2753 Airbnb ROI: 1.09% Traditional ROI: 4.1%
8200 E Jefferson Avenue Detroit, MI Riverfront living in one of Detroit's signature mid-century high-rises along the city's hi...	2 beds \| 2 baths \| 1,142 sq.ft.	$147,000	Airbnb cash on cash: -7.97% Traditional cash on cash: -1.72% Airbnb Rental Income: $1652 Traditional Rental Income: $2068 Airbnb ROI: -7.97% Traditional ROI: -1.72%
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: 5.59% Traditional cash on cash: 8.7% Airbnb Rental Income: $1775 Traditional Rental Income: $1762 Airbnb ROI: 5.59% Traditional ROI: 8.7%
3644 Three Mile Drive Detroit, MI Welcome home to this charming 1924 Detroit classic, ideally located just minutes from the ...	4 beds \| 2 baths \| 1,628 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.04% Airbnb Rental Income: $null Traditional Rental Income: $1474 Airbnb ROI: N/A Traditional ROI: 7.04%
6519 Schuss Mountain Lane Mancelona, MI Already a successful rental, this condo is located near the base of the Schuss ski hills a...	2 beds \| 2 baths \| 850 sq.ft.	$249,900	Airbnb cash on cash: -1.13% Traditional cash on cash: 1.79% Airbnb Rental Income: $1266 Traditional Rental Income: $1557 Airbnb ROI: -1.13% Traditional ROI: 1.79%
18708 Robson Street Detroit, MI Welcome to 18708 Robson in Detroit! This charming 3-bedroom, 1.1-bath home offers comforta...	3 beds \| 2 baths \| 1,350 sq.ft.	$169,000	Airbnb cash on cash: 2.63% Traditional cash on cash: 5.6% Airbnb Rental Income: $1276 Traditional Rental Income: $1353 Airbnb ROI: 2.63% Traditional ROI: 5.6%
16725 Blackstone Street Detroit, MI Welcome to this beautifully refreshed 4-bedroom, 1.5-bathroom home! Freshly cleaned and mo...	4 beds \| 2 baths \| 1,673 sq.ft.	$150,000	Airbnb cash on cash: 4.41% Traditional cash on cash: 8.77% Airbnb Rental Income: $1737 Traditional Rental Income: $1885 Airbnb ROI: 4.41% Traditional ROI: 8.77%
1300 E Lafayette Street #1509 Detroit, MI This is Detroit living with a view-and a lifestyle to match. This chic, updated residence ...	1 beds \| 1 baths \| 953 sq.ft.	$69,900	Airbnb cash on cash: -0.95% Traditional cash on cash: -1.73% Airbnb Rental Income: $2053 Traditional Rental Income: $1468 Airbnb ROI: -0.95% Traditional ROI: -1.73%
202 Stimson Street Cadillac, MI The historic John P. Wilcox Home is a beautiful Queen Anne brick Victorian showcasing exce...	4 beds \| 4 baths \| 3,090 sq.ft.	$395,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 7.09% Airbnb Rental Income: $2398 Traditional Rental Income: $3406 Airbnb ROI: 2.78% Traditional ROI: 7.09%
4336 CRYSTAL DRIVE Beulah, MI Experience Premier Crystal Lake Living! Nestled along 88 feet of pristine Crystal Lake fro...	3 beds \| 2 baths \| 1,423 sq.ft.	$1,495,000	Airbnb cash on cash: -0.26% Traditional cash on cash: -0.05% Airbnb Rental Income: $2610 Traditional Rental Income: $2267 Airbnb ROI: -0.26% Traditional ROI: -0.05%
1941 US-31 N Traverse City, MI Stunning Peninsula Bay top floor condo on Miracle Mile's walkable sandy beach w/ breathtak...	2 beds \| 2 baths \| 1,117 sq.ft.	$869,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 0.95% Airbnb Rental Income: $1466 Traditional Rental Income: $1728 Airbnb ROI: 0.09% Traditional ROI: 0.95%
18821 Moore Road Thompsonville, MI Ultimate 2 in 1 opportunity including incredible property in a great location. This full L...	3 beds \| 3 baths \| 3,300 sq.ft.	$1,050,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 0.6% Airbnb Rental Income: $2398 Traditional Rental Income: $2538 Airbnb ROI: -0.14% Traditional ROI: 0.6%
135 Montgomery Road South Boardman, MI 3 bedroom, 2 bath ranch, 37 acres with multiple habitat types with varying topographies. H...	3 beds \| 2 baths \| 1,804 sq.ft.	$474,900	Airbnb cash on cash: 1.61% Traditional cash on cash: 4.37% Airbnb Rental Income: $1883 Traditional Rental Income: $2610 Airbnb ROI: 1.61% Traditional ROI: 4.37%
10860 BLUFF ROAD Acme, MI Exceptional East Bay waterfront estate with nearly 200 feet of private frontage and panora...	4 beds \| 6 baths \| 7,255 sq.ft.	$7,800,000	Airbnb cash on cash: -1.24% Traditional cash on cash: -1.22% Airbnb Rental Income: $2592 Traditional Rental Income: $2066 Airbnb ROI: -1.24% Traditional ROI: -1.22%
281 W Lake Drive Cadillac, MI Fabulous Lake Mitchell setting with 97 feet of frontage on the quiet waters of Big Cove! T...	3 beds \| 2 baths \| 1,704 sq.ft.	$519,000	Airbnb cash on cash: 2.15% Traditional cash on cash: 3.55% Airbnb Rental Income: $2444 Traditional Rental Income: $2526 Airbnb ROI: 2.15% Traditional ROI: 3.55%

Real Estate investment in Michigan

There are 32,573 properties available for sale in the state of Michigan. Cement City, Holt and Palmyra are the best rental property markets in Michigan. The average median price of properties for sale in these cities are $309,063 and the average price per square foot is $0. Their average monthly cash on cash return is 5.00%.

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

There are 32,573 investment properties available for sale in Michigan.

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

In 2026, Cement City (6%) and Holt (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: -1.56%

Traditional cash on cash: 0.48%

Airbnb Rental Income: $1646

Traditional Rental Income: $4965

Airbnb ROI: -1.56%

Traditional ROI: 0.48%

1115 N Old Woodward Ave

Birmingham, MI

1 beds | 1 baths | 909 sq.ft.

$275,000

Airbnb cash on cash: -0.5%

Traditional cash on cash: 0.27%

Airbnb Rental Income: $1372

Traditional Rental Income: $1153

Airbnb ROI: -0.5%

Traditional ROI: 0.27%

66 WINDER Street #332

Detroit, MI

2 beds | 2 baths | 1,446 sq.ft.

$399,900

Airbnb cash on cash: 1.64%

Traditional cash on cash: 3.72%

Airbnb Rental Income: $2528

Traditional Rental Income: $2697

Airbnb ROI: 1.64%

Traditional ROI: 3.72%

1135 Shelby Street #2404

Detroit, MI

2 beds | 2 baths | 1,355 sq.ft.

$399,000

Airbnb cash on cash: -4.51%

Traditional cash on cash: -3.2%

Airbnb Rental Income: $2470

Traditional Rental Income: $2359

Airbnb ROI: -4.51%

Traditional ROI: -3.2%

2543 Antietam Drive

Ann Arbor, MI

3 beds | 2 baths | 1,764 sq.ft.

$444,900

Airbnb cash on cash: 0.72%

Traditional cash on cash: 3.45%

Airbnb Rental Income: $2316

Traditional Rental Income: $2880

Airbnb ROI: 0.72%

Traditional ROI: 3.45%

1526 E Melton Road

Birmingham, MI

3 beds | 2 baths | 1,039 sq.ft.

$419,900

Airbnb cash on cash: -0.37%

Traditional cash on cash: 1.49%

Airbnb Rental Income: $1553

Traditional Rental Income: $1835

Airbnb ROI: -0.37%

Traditional ROI: 1.49%

1222 Davis Avenue

Birmingham, MI

4 beds | 4 baths | 2,517 sq.ft.

$1,095,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.14%

Airbnb Rental Income: $null

Traditional Rental Income: $2713

Airbnb ROI: N/A

Traditional ROI: -0.14%

1830 Bridge Street NW

Grand Rapids, MI

3 beds | 3 baths | 2,131 sq.ft.

$725,000

Airbnb cash on cash: 0.41%

Traditional cash on cash: 0.13%

Airbnb Rental Income: $2322

Traditional Rental Income: $1560

Airbnb ROI: 0.41%