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, South Rockwoodis the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
18217 Santa Rosa Dr Detroit, MI TENANT IN PLACE TO INCREASE YOUR PORTFOLIO 0R TO LIVE IN. AS IS SALE ONLY. 24 HOUR NOTICE ...	3 beds \| 1 baths \| 1,398 sq.ft.	$155,000	Airbnb cash on cash: 3.27% Traditional cash on cash: 8.57% Airbnb Rental Income: $1296 Traditional Rental Income: $1677 Airbnb ROI: 3.27% Traditional ROI: 8.57%
5840 Northfield Pkwy Troy, MI ***This appealing condo was put on the market during the government shutdown and on into t...	3 beds \| 1 baths \| 1,410 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $2072 Airbnb ROI: N/A Traditional ROI: 3.76%
5205 Cadieux Rd Detroit, MI 5205 Cadieux Rd, Detroit, MI 48224 \| Single Family Residential	3 beds \| 2 baths \| 1,992 sq.ft.	$121,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 7.6% Airbnb Rental Income: $494 Traditional Rental Income: $1272 Airbnb ROI: -1.39% Traditional ROI: 7.6%
2875 Trailwood Lane Ann Arbor, MI Ann Arbor Twp Property Rare 10-acre Ann Arbor estate offering exceptional privacy, versati...	4 beds \| 4 baths \| 2,701 sq.ft.	$989,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 1.74% Airbnb Rental Income: $1777 Traditional Rental Income: $3329 Airbnb ROI: -0.47% Traditional ROI: 1.74%
3155 La Salle Drive Ann Arbor, MI Live 10 minutes from downtown Ann Arbor with a native wildflower meadow in your yard! Lovi...	3 beds \| 1 baths \| 1,220 sq.ft.	$349,900	Airbnb cash on cash: -0.25% Traditional cash on cash: 3.05% Airbnb Rental Income: $1569 Traditional Rental Income: $2202 Airbnb ROI: -0.25% Traditional ROI: 3.05%
600 Monroe Avenue NW unit: 406 #406 Grand Rapids, MI Penthouse Perfection at Monroe Terrace! Experience downtown living at its finest in this s...	3 beds \| 3 baths \| 2,355 sq.ft.	$865,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.33% Airbnb Rental Income: $null Traditional Rental Income: $2838 Airbnb ROI: N/A Traditional ROI: 0.33%
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.	$485,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.07% Airbnb Rental Income: $null Traditional Rental Income: $2875 Airbnb ROI: N/A Traditional ROI: 4.07%
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: -5.96% Traditional cash on cash: -5.41% Airbnb Rental Income: $1660 Traditional Rental Income: $1332 Airbnb ROI: -5.96% Traditional ROI: -5.41%
7409 2nd Ave #8 Detroit, MI 7409 2nd Ave #8, Detroit, MI 48202 \| Condo/Coop	1 beds \| 1 baths \| 760 sq.ft.	$145,000	Airbnb cash on cash: -3.44% Traditional cash on cash: 0.91% Airbnb Rental Income: $509 Traditional Rental Income: $840 Airbnb ROI: -3.44% Traditional ROI: 0.91%
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.	$201,000	Airbnb cash on cash: -8.27% Traditional cash on cash: -1.89% Airbnb Rental Income: $347 Traditional Rental Income: $1318 Airbnb ROI: -8.27% Traditional ROI: -1.89%
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.	$149,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.87% Airbnb Rental Income: $null Traditional Rental Income: $735 Airbnb ROI: N/A Traditional ROI: 2.87%
549 Detroit St 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: N/A Traditional cash on cash: 5.4% Airbnb Rental Income: $null Traditional Rental Income: $1785 Airbnb ROI: N/A Traditional ROI: 5.4%
5202 Devonshire Rd Detroit, MI TURNKEY TENANT OCCUPIED! Combined monthly rent $1175. Don't miss out on this 2 story M...	4 beds \| 2 baths \| 2,148 sq.ft.	$159,000	Airbnb cash on cash: -1.7% Traditional cash on cash: 11.06% Airbnb Rental Income: $487 Traditional Rental Income: $2155 Airbnb ROI: -1.7% Traditional ROI: 11.06%
535 Woodland St Detroit, MI Beautiful home with natural hardwood floors and original touches such as crown moldings. G...	3 beds \| 2 baths \| 1,472 sq.ft.	$169,900	Airbnb cash on cash: -1.16% Traditional cash on cash: 7.7% Airbnb Rental Income: $406 Traditional Rental Income: $1584 Airbnb ROI: -1.16% Traditional ROI: 7.7%
2900 E Jefferson Ave #C4 Detroit, MI 2 Bedroom, 2.5 bath condo in the fully remodeled Albert Kahn building, Garden Court, locat...	3 beds \| 2 baths \| 2,883 sq.ft.	$360,000	Airbnb cash on cash: -4.31% Traditional cash on cash: 1.12% Airbnb Rental Income: $728 Traditional Rental Income: $2255 Airbnb ROI: -4.31% Traditional ROI: 1.12%
18704 Sunderland Rd Detroit, MI Charming 2 bedroom ranch. Great for first time buyer or investor. Close to main streets, ...	3 beds \| 1 baths \| 1,420 sq.ft.	$131,500	Airbnb cash on cash: -1.45% Traditional cash on cash: 6.11% Airbnb Rental Income: $385 Traditional Rental Income: $1088 Airbnb ROI: -1.45% 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: -6.86% Traditional cash on cash: 2.29% Airbnb Rental Income: $491 Traditional Rental Income: $1270 Airbnb ROI: -6.86% Traditional ROI: 2.29%
11225 Roxbury St Detroit, MI Beautiful brick home. 3 bedrooms, large family room with fireplace, all year round sun roo...	3 beds \| 1 baths \| 1,200 sq.ft.	$125,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 9.09% Airbnb Rental Income: $494 Traditional Rental Income: $1420 Airbnb ROI: -0.86% Traditional ROI: 9.09%
6231 University Pl Detroit, MI This is a 3 bedroom brick bungalow home with a 2 car detached garage!	3 beds \| 2 baths \| 1,430 sq.ft.	$130,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 11.45% Airbnb Rental Income: $494 Traditional Rental Income: $1686 Airbnb ROI: -0.25% Traditional ROI: 11.45%
19410 Rutherford St Detroit, MI INVESTOR SPECIAL 2BD 1 BATH WITH TENANT ALREADY IN PLACE PAYING $650 A MONTH GENERATING IN...	2 beds \| 1 baths \| 840 sq.ft.	$74,900	Airbnb cash on cash: 3.31% Traditional cash on cash: 9.19% Airbnb Rental Income: $843 Traditional Rental Income: $949 Airbnb ROI: 3.31% Traditional ROI: 9.19%
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.	$249,900	Airbnb cash on cash: -1.23% Traditional cash on cash: 2.97% Airbnb Rental Income: $883 Traditional Rental Income: $1557 Airbnb ROI: -1.23% Traditional ROI: 2.97%
5511 Bishop St Detroit, MI Nice 3 bedroom,2 bath solid home looking for a new owner. Home is in need of some TLC. Gre...	3 beds \| 2 baths \| 1,550 sq.ft.	$149,900	Airbnb cash on cash: -1.08% Traditional cash on cash: 9.57% Airbnb Rental Income: $494 Traditional Rental Income: $1750 Airbnb ROI: -1.08% Traditional ROI: 9.57%
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: N/A Traditional cash on cash: 1.82% Airbnb Rental Income: $null Traditional Rental Income: $1825 Airbnb ROI: N/A Traditional ROI: 1.82%
8151 Rolyat St Detroit, MI Large colonial in great location. Investors or owner occupant a must see. It has an open f...	4 beds \| 1 baths \| 128 sq.ft.	$99,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 7.82% Airbnb Rental Income: $748 Traditional Rental Income: $1042 Airbnb ROI: 1.51% Traditional ROI: 7.82%
16866 Harlow St Detroit, MI GREAT INVESTMENT. 3 BEDROOM BRICK HOME WITH A FULL BASEMENT AND A ONE CAR GARAGE. HAVE YOU...	3 beds \| 3 baths \| 1,587 sq.ft.	$179,900	Airbnb cash on cash: -2.57% Traditional cash on cash: 6.2% Airbnb Rental Income: $385 Traditional Rental Income: $1632 Airbnb ROI: -2.57% Traditional ROI: 6.2%
1300 E Lafayette St #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.	$72,000	Airbnb cash on cash: -12.44% Traditional cash on cash: 2.08% Airbnb Rental Income: $746 Traditional Rental Income: $1468 Airbnb ROI: -12.44% Traditional ROI: 2.08%
5504 Buckingham Ave Detroit, MI Spend the holiday in your new home! This home offers tons of charm- Updates Galore! Hardwo...	3 beds \| 1 baths \| 1,674 sq.ft.	$160,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 5.8% Airbnb Rental Income: $1039 Traditional Rental Income: $1303 Airbnb ROI: 1.7% Traditional ROI: 5.8%
7050 Loud Drive Oscoda, MI This unique one of a kind 5.22 acre property is a dream! The Multi-level 2,352 sq ft house...	3 beds \| 2 baths \| 2,352 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.27% Airbnb Rental Income: $null Traditional Rental Income: $2619 Airbnb ROI: N/A Traditional ROI: 4.27%
15805 Lindsay St Detroit, MI Welcome to 15805 Lindsay St, a beautifully renovated 2-bedroom, 2-bath ranch situated in o...	2 beds \| 2 baths \| 1,554 sq.ft.	$139,900	Airbnb cash on cash: -3.31% Traditional cash on cash: 10.97% Airbnb Rental Income: $410 Traditional Rental Income: $2069 Airbnb ROI: -3.31% Traditional ROI: 10.97%
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.	$220,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 4.4% Airbnb Rental Income: $562 Traditional Rental Income: $1320 Airbnb ROI: -0.59% Traditional ROI: 4.4%
6491 Stahelin Ave Detroit, MI TURN-KEY INVESTMENT IN WARRANDALE Amazing opportunity to own this 3 bedroom bungalow sty...	3 beds \| 1 baths \| 1,129 sq.ft.	$119,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 7.17% Airbnb Rental Income: $496 Traditional Rental Income: $1162 Airbnb ROI: -0.99% Traditional ROI: 7.17%
1030 Eastward St Alma, MI This Spacious 3 Bedroom 2 Bath home just might be the one for you.... Located on a very la...	3 beds \| 2 baths \| 1,240 sq.ft.	$134,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.34% Airbnb Rental Income: $null Traditional Rental Income: $1835 Airbnb ROI: N/A Traditional ROI: 11.34%
64 Quimby Street NE Grand Rapids, MI Land Contract/Seller Financing Available This Beautifully Fully Renovated 4 Bedroom, 1 Bat...	4 beds \| 1 baths \| 1,356 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.33% Airbnb Rental Income: $null Traditional Rental Income: $1739 Airbnb ROI: N/A Traditional ROI: 6.33%
335 Bridge Street NW unit: 3102 #3102 Grand Rapids, MI Set high above the city, this 4,100+ square foot penthouse offers sweeping panoramic skyli...	3 beds \| 3 baths \| 4,135 sq.ft.	$1,949,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.41% Airbnb Rental Income: $null Traditional Rental Income: $3429 Airbnb ROI: N/A Traditional ROI: -2.41%
100 W 5th Street #605 Royal Oak, MI Located in the heart of Downtown Royal Oak, this Modern Condo offers Elevated Views, 10 Fo...	2 beds \| 2 baths \| 1,201 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.65% Airbnb Rental Income: $null Traditional Rental Income: $2417 Airbnb ROI: N/A Traditional ROI: 1.65%
711 N Center St Northville, MI TO BE BUILT. TAKING PRELIMINARY RESERVATIONS. INTRODUCING THE NORTHVILLE HILL LUXURY TOWNH...	3 beds \| 3 baths \| 3,208 sq.ft.	$1,350,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.54% Airbnb Rental Income: $null Traditional Rental Income: $3333 Airbnb ROI: N/A Traditional ROI: 0.54%
22795 Almond Eastpointe, MI Looking for more square footage and easy move-in? Well take a look here! This bungalow off...	3 beds \| 1 baths \| 1,357 sq.ft.	$130,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.89% Airbnb Rental Income: $null Traditional Rental Income: $1700 Airbnb ROI: N/A Traditional ROI: 10.89%

Real Estate investment in Michigan

There are 29,240 properties available for sale in the state of Michigan. South Rockwood, Lincoln Park and Shelbyville are the best rental property markets in Michigan. The average median price of properties for sale in these cities are $200,116 and the average price per square foot is $0. Their average monthly cash on cash return is 6.33%.

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

There are 29,240 investment properties available for sale in Michigan.

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

In 2026, South Rockwood (8%) and Lincoln Park (6%) 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

18217 Santa Rosa Dr

Detroit, MI

3 beds | 1 baths | 1,398 sq.ft.

$155,000

Airbnb cash on cash: 3.27%

Traditional cash on cash: 8.57%

Airbnb Rental Income: $1296

Traditional Rental Income: $1677

Airbnb ROI: 3.27%

Traditional ROI: 8.57%

5840 Northfield Pkwy

Troy, MI

3 beds | 1 baths | 1,410 sq.ft.

$274,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2072

Airbnb ROI: N/A

Traditional ROI: 3.76%

5205 Cadieux Rd

Detroit, MI

3 beds | 2 baths | 1,992 sq.ft.

$121,000

Airbnb cash on cash: -1.39%

Traditional cash on cash: 7.6%

Airbnb Rental Income: $494

Traditional Rental Income: $1272

Airbnb ROI: -1.39%

Traditional ROI: 7.6%

2875 Trailwood Lane

Ann Arbor, MI

4 beds | 4 baths | 2,701 sq.ft.

$989,000

Airbnb cash on cash: -0.47%

Traditional cash on cash: 1.74%

Airbnb Rental Income: $1777

Traditional Rental Income: $3329

Airbnb ROI: -0.47%

Traditional ROI: 1.74%

3155 La Salle Drive

Ann Arbor, MI

3 beds | 1 baths | 1,220 sq.ft.

$349,900

Airbnb cash on cash: -0.25%

Traditional cash on cash: 3.05%

Airbnb Rental Income: $1569

Traditional Rental Income: $2202

Airbnb ROI: -0.25%

Traditional ROI: 3.05%

600 Monroe Avenue NW unit: 406 #406

Grand Rapids, MI

3 beds | 3 baths | 2,355 sq.ft.

$865,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.33%

Airbnb Rental Income: $null

Traditional Rental Income: $2838

Airbnb ROI: N/A

Traditional ROI: 0.33%

1689 Morning Dew Drive SW

Byron Center, MI

4 beds | 4 baths | 2,650 sq.ft.

$485,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.07%

Airbnb Rental Income: $null

Traditional Rental Income: $2875

Airbnb ROI: N/A

Traditional ROI: 4.07%

1300 E Lafayette St #1812

Detroit, MI

2 beds | 2 baths | 1,210 sq.ft.

$269,000

Airbnb cash on cash: -5.96%

Traditional cash on cash: -5.41%

Airbnb Rental Income: $1660

Traditional Rental Income: $1332

Airbnb ROI: -5.96%