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 2025

In 2025, Cement Cityis the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
940 Monroe Avenue NW #549 Grand Rapids, MI Welcome to the top floor at Boardwalk Condo's - easy and convenient living at its finest! ...	2 beds \| 2 baths \| 1,315 sq.ft.	$364,900	Airbnb cash on cash: -1.1% Traditional cash on cash: 1.76% Airbnb Rental Income: $1894 Traditional Rental Income: $2368 Airbnb ROI: -1.1% Traditional ROI: 1.76%
300 WARREN Court Birmingham, MI Nestled on one of the most desirable streets in Downtown Birmingham, this historic 1901 ge...	3 beds \| 4 baths \| 3,274 sq.ft.	$2,200,000	Airbnb cash on cash: -1.63% Traditional cash on cash: -0.46% Airbnb Rental Income: $1753 Traditional Rental Income: $3662 Airbnb ROI: -1.63% Traditional ROI: -0.46%
820 Hazel Street Birmingham, MI Experience elevated living in this custom-built, all-brick home in the triangle district. ...	4 beds \| 5 baths \| 3,728 sq.ft.	$1,650,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.75% Airbnb Rental Income: $null Traditional Rental Income: $4680 Airbnb ROI: N/A Traditional ROI: 0.75%
322 E HARRISON Avenue #18 Royal Oak, MI Nestled in the heart of Royal Oakâs industrial district, this stylish loft in the sought...	2 beds \| 2 baths \| 1,129 sq.ft.	$334,900	Airbnb cash on cash: -1.88% Traditional cash on cash: 0.98% Airbnb Rental Income: $1422 Traditional Rental Income: $1895 Airbnb ROI: -1.88% Traditional ROI: 0.98%
1769 W Warren Avenue Detroit, MI Investorâs Dream Opportunity in Detroit! Welcome to 1769 W Warren Ave, a beautifully ma...	N/A beds \| 2 baths \| 2,238 sq.ft.	$399,999	Airbnb cash on cash: -0.38% Traditional cash on cash: 4.05% Airbnb Rental Income: $792 Traditional Rental Income: $2131 Airbnb ROI: -0.38% Traditional ROI: 4.05%
600 Monroe Avenue NW #409 Grand Rapids, MI Modern Top-Floor Loft in Prime Downtown Grand Rapids Location Welcome to this stunning ...	1 beds \| 2 baths \| 1,110 sq.ft.	$299,900	Airbnb cash on cash: -1.75% Traditional cash on cash: 1.04% Airbnb Rental Income: $1349 Traditional Rental Income: $1724 Airbnb ROI: -1.75% Traditional ROI: 1.04%
2644 Maplewood Ann Arbor, MI Bungalow on tree canopied street in South East Ann Arbor. House extended in back to provid...	2 beds \| 2 baths \| 1,052 sq.ft.	$478,500	Airbnb cash on cash: N/A Traditional cash on cash: 1.24% Airbnb Rental Income: $null Traditional Rental Income: $1779 Airbnb ROI: N/A Traditional ROI: 1.24%
1020 Miller Road Plainwell, MI Step back in time with this stunning 1857 colonial-style farmhouse on 3 private acres! One...	3 beds \| 2 baths \| 2,412 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.01% Airbnb Rental Income: $null Traditional Rental Income: $2689 Airbnb ROI: N/A Traditional ROI: 5.01%
811 Fairmount Street SE Grand Rapids, MI Located in the heart of East Hills, this beautifully renovated 4-bedroom, 2-bath home offe...	4 beds \| 2 baths \| 2,159 sq.ft.	$399,900	Airbnb cash on cash: 3.18% Traditional cash on cash: 4.23% Airbnb Rental Income: $2612 Traditional Rental Income: $2382 Airbnb ROI: 3.18% Traditional ROI: 4.23%
2517 N Wilson Avenue Royal Oak, MI Welcome to 2517 N. Wilson Ave! This clean and well-maintained bungalow perfectly blends o...	3 beds \| 1 baths \| 1,032 sq.ft.	$335,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 2.23% Airbnb Rental Income: $1713 Traditional Rental Income: $1591 Airbnb ROI: 1.12% Traditional ROI: 2.23%
108 Henderson Place Cadillac, MI Even more adorable and cozy than it looks! This turn key tiny home is well built, is full ...	1 beds \| 1 baths \| 400 sq.ft.	$159,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 2.63% Airbnb Rental Income: $622 Traditional Rental Income: $735 Airbnb ROI: -0.04% Traditional ROI: 2.63%
549 Detroit Street Au Gres, MI Over 88' of frontage along the Au Gres River awaits with this riverfront property! Just a ...	2 beds \| 1 baths \| 1,248 sq.ft.	$234,900	Airbnb cash on cash: 2.17% Traditional cash on cash: 5.4% Airbnb Rental Income: $1508 Traditional Rental Income: $1785 Airbnb ROI: 2.17% Traditional ROI: 5.4%
2785 Island Lake Drive National City, MI Charming Cottage or Home on Big Island Lake. This home is in the seven lakes area which i...	2 beds \| 1 baths \| 848 sq.ft.	$199,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.87% Airbnb Rental Income: $null Traditional Rental Income: $1575 Airbnb ROI: N/A Traditional ROI: 5.87%
218 N Simons Street Cadillac, MI Location Location Location!!! This inviting 3 bed/2 bath home is conveniently located near...	3 beds \| 2 baths \| 1,390 sq.ft.	$169,900	Airbnb cash on cash: 5.27% Traditional cash on cash: 4.3% Airbnb Rental Income: $1765 Traditional Rental Income: $1125 Airbnb ROI: 5.27% Traditional ROI: 4.3%
3496 Pine Acres Road Glennie, MI Super clean and ready for the next family to enjoy. The AuSable River and public boat laun...	3 beds \| 1 baths \| 1,106 sq.ft.	$239,900	Airbnb cash on cash: 3.01% Traditional cash on cash: 5.7% Airbnb Rental Income: $1555 Traditional Rental Income: $1717 Airbnb ROI: 3.01% Traditional ROI: 5.7%
303 N Williams Street Mancelona, MI Charming Duplex in Mancelona â Great Investment Opportunity! Discover this fantastic du...	N/A beds \| N/A baths \| 2,104 sq.ft.	$174,000	Airbnb cash on cash: 2.29% Traditional cash on cash: 7.82% Airbnb Rental Income: $1331 Traditional Rental Income: $1838 Airbnb ROI: 2.29% Traditional ROI: 7.82%
20451 Kentucky Street Detroit, MI This stunning 3-bedroom, 1.5-bath remodeled residence redefines modern living with designe...	3 beds \| 2 baths \| 1,043 sq.ft.	$169,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 8.14% Airbnb Rental Income: $1189 Traditional Rental Income: $1762 Airbnb ROI: 2.18% Traditional ROI: 8.14%
659 Hastings Street Traverse City, MI Opportunity knocks in the heart of Traverse City! Just off the TART Trail, near the airpor...	2 beds \| 1 baths \| 996 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.75% Airbnb Rental Income: $null Traditional Rental Income: $1519 Airbnb ROI: N/A Traditional ROI: 4.75%
8553 Cloverlawn Street Detroit, MI Don't miss this beautifully renovated 3-bedroom, 1-bath brick ranch offering over 1,000 sq...	3 beds \| 1 baths \| 1,012 sq.ft.	$108,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 9.83% Airbnb Rental Income: $606 Traditional Rental Income: $1440 Airbnb ROI: -0.91% Traditional ROI: 9.83%
7203 Valley Honor, MI Nestled on 40 acres of pristine high ground and partially wooded land, this beautiful 3-be...	3 beds \| 1 baths \| 1,200 sq.ft.	$650,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 1.82% Airbnb Rental Income: $1008 Traditional Rental Income: $1825 Airbnb ROI: -0.11% Traditional ROI: 1.82%
1300 E LAFAYETTE Street #1509 Detroit, MI Welcome to your upper level luxurious lifestyle condo! The unit is located on the (15th fl...	1 beds \| 1 baths \| 800 sq.ft.	$75,000	Airbnb cash on cash: -4.32% Traditional cash on cash: 1.9% Airbnb Rental Income: $1435 Traditional Rental Income: $1468 Airbnb ROI: -4.32% Traditional ROI: 1.9%
16172 Oakfield Street Detroit, MI This renovated 3-bedroom, 1-bath home has everything you need and more! Step into a spacio...	3 beds \| 1 baths \| 1,250 sq.ft.	$155,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 8.76% Airbnb Rental Income: $835 Traditional Rental Income: $1674 Airbnb ROI: 0.88% Traditional ROI: 8.76%
135 Montgomery Road South Boardman, MI Invisible - This property is one of the most distinctive ranches in the Kalkaska County ar...	3 beds \| 2 baths \| 1,804 sq.ft.	$474,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 2.11% Airbnb Rental Income: $1814 Traditional Rental Income: $1604 Airbnb ROI: 1.48% Traditional ROI: 2.11%
2140 Chelsea Lane Traverse City, MI Enjoy peaceful living in this beautifully maintained 4-bedroom, 3-bath condo nestled in a ...	4 beds \| 3 baths \| 3,144 sq.ft.	$695,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.66% Airbnb Rental Income: $null Traditional Rental Income: $3391 Airbnb ROI: N/A Traditional ROI: 3.66%
734 N Rolland Road Lake Isabella, MI Waterfront Retreat with Stunning Natural Light! This beautifully built home offers serene...	3 beds \| 2 baths \| 1,400 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $2390 Airbnb ROI: N/A Traditional ROI: 4.9%
607 66th Street SE Grand Rapids, MI Tucked away on a rare 1-acre city lot, this home offers space, privacy, and versatility. T...	3 beds \| 2 baths \| 1,228 sq.ft.	$309,999	Airbnb cash on cash: 1.42% Traditional cash on cash: 4.95% Airbnb Rental Income: $1558 Traditional Rental Income: $2141 Airbnb ROI: 1.42% Traditional ROI: 4.95%
335 Bridge Street NW #3102 Grand Rapids, MI Set high above the city, this 4,100+ square foot penthouse offers sweeping panoramic skyli...	3 beds \| 4 baths \| 4,135 sq.ft.	$1,999,000	Airbnb cash on cash: -3.68% Traditional cash on cash: -2.37% Airbnb Rental Income: $1446 Traditional Rental Income: $3429 Airbnb ROI: -3.68% Traditional ROI: -2.37%
958 Pinecrest Avenue SE Grand Rapids, MI Admired for its striking presence and exceptional curb appeal, this 1929 brick masterpiece...	4 beds \| 4 baths \| 3,672 sq.ft.	$1,585,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 0.54% Airbnb Rental Income: $2974 Traditional Rental Income: $4125 Airbnb ROI: -0.7% Traditional ROI: 0.54%
3729 Windshire Drive SE Grand Rapids, MI Welcome to 3729 Windshire located at the end of a cul-de-sac in the Forest Hills Northern ...	4 beds \| 3 baths \| 2,620 sq.ft.	$435,000	Airbnb cash on cash: 3.1% Traditional cash on cash: 5.02% Airbnb Rental Income: $3067 Traditional Rental Income: $3146 Airbnb ROI: 3.1% Traditional ROI: 5.02%
2650 AIR PARK DRIVE Zeeland, MI Welcome to 2650 Air Park Drive in Zeeland, Michiganâan exceptional executive ranch situa...	5 beds \| 4 baths \| 4,263 sq.ft.	$950,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.67% Airbnb Rental Income: $null Traditional Rental Income: $3902 Airbnb ROI: N/A Traditional ROI: 2.67%
711 N CENTER Street Northville, MI TO BE BUILT. TAKING PRELIMINARY RESERVATIONS. INTRODUCING THE NORTHVILLE HILL LUXURY TOWNH...	3 beds \| 4 baths \| 2,768 sq.ft.	$1,350,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 0.54% Airbnb Rental Income: $2619 Traditional Rental Income: $3333 Airbnb ROI: -0.53% Traditional ROI: 0.54%
692 Brockmoor Lane Bloomfield Hills, MI HUGE PRICE IMPROVEMENT HERE!! This two story condo is ready for you to move in and start l...	3 beds \| 3 baths \| 2,023 sq.ft.	$513,000	Airbnb cash on cash: -1.54% Traditional cash on cash: 1.91% Airbnb Rental Income: $1625 Traditional Rental Income: $2821 Airbnb ROI: -1.54% Traditional ROI: 1.91%
969 Bloomfield Woods Bloomfield Hills, MI FIRST FLOOR PRIMARY! Sophisticated, elegant and private: This luxury detached condo locate...	3 beds \| 5 baths \| 2,710 sq.ft.	$1,699,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 0.33% Airbnb Rental Income: $1625 Traditional Rental Income: $4247 Airbnb ROI: -1.63% Traditional ROI: 0.33%
6001 N Silver Pines Drive Bellaire, MI Welcome to your dream waterfront haven! Nestled in scenic Bellaire, this delightful 3-bedr...	3 beds \| 3 baths \| 1,640 sq.ft.	$669,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 2.52% Airbnb Rental Income: $1820 Traditional Rental Income: $2716 Airbnb ROI: 0.3% Traditional ROI: 2.52%
130 Pheasantwood Trail Battle Creek, MI Welcome to Carriage Hillsâone of Pennfield's most sought-after neighborhoods! This charm...	3 beds \| 2 baths \| 2,254 sq.ft.	$380,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 4.45% Airbnb Rental Income: $1406 Traditional Rental Income: $2612 Airbnb ROI: -0.12% Traditional ROI: 4.45%
106 Kingsbury Court Battle Creek, MI Welcome to the home that offers exceptional curb appeal, easy comfort, and just the right ...	4 beds \| 4 baths \| 3,904 sq.ft.	$540,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 4.85% Airbnb Rental Income: $2762 Traditional Rental Income: $3954 Airbnb ROI: 1.2% Traditional ROI: 4.85%
151 N Union Street Battle Creek, MI Step into this beautiful 4-bedroom, 2-bath home full of timeless charm and original crafts...	4 beds \| 2 baths \| 2,200 sq.ft.	$170,000	Airbnb cash on cash: 9.76% Traditional cash on cash: 12% Airbnb Rental Income: $2762 Traditional Rental Income: $2475 Airbnb ROI: 9.76% Traditional ROI: 12%
11916 GEOFFRY Drive Warren, MI Charming 3-Bedroom Brick Ranch in Warren Welcome to this beautifully maintained 3-bed...	3 beds \| 3 baths \| 1,316 sq.ft.	$350,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 4.16% Airbnb Rental Income: $1181 Traditional Rental Income: $2211 Airbnb ROI: -0.15% Traditional ROI: 4.16%

Real Estate investment in Michigan

There are 22,630 properties available for sale in the state of Michigan. Cement City, Cassopolis and Palmyra are the best rental property markets in Michigan. The average median price of properties for sale in these cities are $361,333 and the average price per square foot is $0. Their average monthly cash on cash return is 4.33%.

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

There are 22,630 investment properties available for sale in Michigan.

In 2025, Cement City is the best city to buy investment properties. Find more investment properties today!

In 2025, Cement City (5%) and Cassopolis (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

940 Monroe Avenue NW #549

Grand Rapids, MI

2 beds | 2 baths | 1,315 sq.ft.

$364,900

Airbnb cash on cash: -1.1%

Traditional cash on cash: 1.76%

Airbnb Rental Income: $1894

Traditional Rental Income: $2368

Airbnb ROI: -1.1%

Traditional ROI: 1.76%

300 WARREN Court

Birmingham, MI

3 beds | 4 baths | 3,274 sq.ft.

$2,200,000

Airbnb cash on cash: -1.63%

Traditional cash on cash: -0.46%

Airbnb Rental Income: $1753

Traditional Rental Income: $3662

Airbnb ROI: -1.63%

Traditional ROI: -0.46%

820 Hazel Street

Birmingham, MI

4 beds | 5 baths | 3,728 sq.ft.

$1,650,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.75%

Airbnb Rental Income: $null

Traditional Rental Income: $4680

Airbnb ROI: N/A

Traditional ROI: 0.75%

322 E HARRISON Avenue #18

Royal Oak, MI

2 beds | 2 baths | 1,129 sq.ft.

$334,900

Airbnb cash on cash: -1.88%

Traditional cash on cash: 0.98%

Airbnb Rental Income: $1422

Traditional Rental Income: $1895

Airbnb ROI: -1.88%

Traditional ROI: 0.98%

1769 W Warren Avenue

Detroit, MI

N/A beds | 2 baths | 2,238 sq.ft.

$399,999

Airbnb cash on cash: -0.38%

Traditional cash on cash: 4.05%

Airbnb Rental Income: $792

Traditional Rental Income: $2131

Airbnb ROI: -0.38%

Traditional ROI: 4.05%

600 Monroe Avenue NW #409

Grand Rapids, MI

1 beds | 2 baths | 1,110 sq.ft.

$299,900

Airbnb cash on cash: -1.75%

Traditional cash on cash: 1.04%

Airbnb Rental Income: $1349

Traditional Rental Income: $1724

Airbnb ROI: -1.75%

Traditional ROI: 1.04%

2644 Maplewood

Ann Arbor, MI

2 beds | 2 baths | 1,052 sq.ft.

$478,500

Airbnb cash on cash: N/A

Traditional cash on cash: 1.24%

Airbnb Rental Income: $null

Traditional Rental Income: $1779

Airbnb ROI: N/A

Traditional ROI: 1.24%

1020 Miller Road

Plainwell, MI

3 beds | 2 baths | 2,412 sq.ft.

$380,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.01%

Airbnb Rental Income: $null

Traditional Rental Income: $2689

Airbnb ROI: N/A