Real Estate Investment Properties for Sale in Bay City, MI

Looking for investment property in Bay City, MI with high ROI ?

Explore a variety of short-term homes & houses in Bay City, MI. Invest wisely with VRBO & Bay City, 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 Bay City, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
704 Bay Bay City, MI This charming 3-bedroom, 2-bath ranch sits on a perfectly sized lot directly across from t...	3 beds \| 2 baths \| 1,750 sq.ft.	$165,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 6.32% Airbnb Rental Income: $942 Traditional Rental Income: $1483 Airbnb ROI: 0.68% Traditional ROI: 6.32%
1200 Fitzhugh Street Bay City, MI Discover your dream home in this beautifully renovated 3-bedroom, 1-bath gem, perfectly si...	3 beds \| 1 baths \| 1,216 sq.ft.	$124,900	Airbnb cash on cash: 1.73% Traditional cash on cash: 9.87% Airbnb Rental Income: $942 Traditional Rental Income: $1575 Airbnb ROI: 1.73% Traditional ROI: 9.87%
2300 S Lincoln Bay City, MI Recently remodeled home in a quiet Bay City neighborhood. Updates include LVP flooring and...	3 beds \| 1 baths \| 1,316 sq.ft.	$170,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 7.8% Airbnb Rental Income: $942 Traditional Rental Income: $1689 Airbnb ROI: 1.05% Traditional ROI: 7.8%
1870 Freeland Bay City, MI Experience Luxury Living on the beautiful refurbished Bay City Country Club! This stunning...	4 beds \| 5 baths \| 3,874 sq.ft.	$774,900	Airbnb cash on cash: -1.99% Traditional cash on cash: 4.69% Airbnb Rental Income: $380 Traditional Rental Income: $4953 Airbnb ROI: -1.99% Traditional ROI: 4.69%
1870 Morin Bay City, MI Motivated Seller! Welcome to 1870 Morin Street, a solid 1956 brick ranch offering 1,...	3 beds \| 2 baths \| 1,353 sq.ft.	$239,900	Airbnb cash on cash: 0.29% Traditional cash on cash: 7.02% Airbnb Rental Income: $942 Traditional Rental Income: $2122 Airbnb ROI: 0.29% Traditional ROI: 7.02%
4454 E Park Bay City, MI Well build 2 bedroom, 2 1/2 bath brick & stone ranch home located in a desirable Bangor Tw...	2 beds \| 3 baths \| 1,998 sq.ft.	$219,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 9.04% Airbnb Rental Income: $786 Traditional Rental Income: $2490 Airbnb ROI: -0.72% Traditional ROI: 9.04%
3378 State St Bay City, MI Welcome to 3378 State Street Rd. Nestled on 4.5 scenic acres in Bangor Township, this vers...	3 beds \| 2 baths \| 1,484 sq.ft.	$333,900	Airbnb cash on cash: -0.18% Traditional cash on cash: 4.83% Airbnb Rental Income: $942 Traditional Rental Income: $2169 Airbnb ROI: -0.18% Traditional ROI: 4.83%
3365 Old Kawkawlin Bay City, MI Stunning home on the Kawkawlin River! Walk in and enjoy the beautiful views of the river f...	3 beds \| 2 baths \| 2,500 sq.ft.	$725,000	Airbnb cash on cash: -1.78% Traditional cash on cash: 1.73% Airbnb Rental Income: $942 Traditional Rental Income: $2970 Airbnb ROI: -1.78% Traditional ROI: 1.73%
5620 W Spring Knoll Drive Bay City, MI Enjoy easy carefree living in this beautiful, well maintained, and spacious stand alone co...	3 beds \| 3 baths \| 2,238 sq.ft.	$399,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 6.55% Airbnb Rental Income: $942 Traditional Rental Income: $3374 Airbnb ROI: -0.87% Traditional ROI: 6.55%
400 Fraser Bay City, MI Completely New Exterior & Updated Interior With Spacious Living in Bay City! Enjoy peace o...	4 beds \| 1 baths \| 1,572 sq.ft.	$148,500	Airbnb cash on cash: -2.27% Traditional cash on cash: 8.96% Airbnb Rental Income: $380 Traditional Rental Income: $1723 Airbnb ROI: -2.27% Traditional ROI: 8.96%
2735 Inverness Bay City, MI This beautifully updated luxury condominium offers a blend of sophistication, comfort, and...	3 beds \| 3 baths \| 2,819 sq.ft.	$419,900	Airbnb cash on cash: -2.66% Traditional cash on cash: 2.55% Airbnb Rental Income: $942 Traditional Rental Income: $2647 Airbnb ROI: -2.66% Traditional ROI: 2.55%
3076 Sherwood Lane Bay City, MI Ranch home in Bangor Township. 3 bedrooms, 3.5 baths, 2nd garage, and fenced yard.	3 beds \| 4 baths \| 2,553 sq.ft.	$325,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 7.32% Airbnb Rental Income: $942 Traditional Rental Income: $3102 Airbnb ROI: -0.88% Traditional ROI: 7.32%
811 Litchfield Bay City, MI 3 Bedroom home, with updated laminate floors and recently painted on first floor. Great c...	3 beds \| 1 baths \| 1,065 sq.ft.	$109,900	Airbnb cash on cash: 2.47% Traditional cash on cash: 11.36% Airbnb Rental Income: $942 Traditional Rental Income: $1542 Airbnb ROI: 2.47% Traditional ROI: 11.36%
3157 Coventry Bay City, MI Well-maintained bi-level home situated on one of the largest corner lots in the subdivisio...	3 beds \| 2 baths \| 1,398 sq.ft.	$225,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 5.54% Airbnb Rental Income: $942 Traditional Rental Income: $1657 Airbnb ROI: 0.56% Traditional ROI: 5.54%
3471 S Fraser Bay City, MI Absolutely perfect location just minutes from anywhere in the tri-cities while featuring c...	4 beds \| 5 baths \| 2,083 sq.ft.	$529,900	Airbnb cash on cash: -1.82% Traditional cash on cash: 5.34% Airbnb Rental Income: $380 Traditional Rental Income: $3675 Airbnb ROI: -1.82% Traditional ROI: 5.34%
225 Jennison Bay City, MI Enjoy condo living in the Historic Jennison Place Building! With over 1600 sq ft of living...	2 beds \| 2 baths \| 1,610 sq.ft.	$389,900	Airbnb cash on cash: -3.34% Traditional cash on cash: 2.58% Airbnb Rental Income: $786 Traditional Rental Income: $2631 Airbnb ROI: -3.34% Traditional ROI: 2.58%
4767 PINE VIEW Bay City, MI Stunning all brick, 1 story home with over 2800 sq ft of living space. This quality built ...	3 beds \| 4 baths \| 2,860 sq.ft.	$579,000	Airbnb cash on cash: -1.01% Traditional cash on cash: 3.79% Airbnb Rental Income: $942 Traditional Rental Income: $3194 Airbnb ROI: -1.01% Traditional ROI: 3.79%
1201 N CHILSON Bay City, MI Built in 1994 this charming 2 bedroom, 1 1/2 bath home is nestled on a large deep wooded l...	2 beds \| 2 baths \| 1,120 sq.ft.	$214,500	Airbnb cash on cash: -0.15% Traditional cash on cash: 6.88% Airbnb Rental Income: $786 Traditional Rental Income: $1894 Airbnb ROI: -0.15% Traditional ROI: 6.88%
106 RIVER TRAIL Bay City, MI Spacious 4 bedroom, 2 bath 1 1/2 story home in desirable Bangor Twp. This well maintained ...	4 beds \| 2 baths \| 1,435 sq.ft.	$209,900	Airbnb cash on cash: -1.57% Traditional cash on cash: 8.71% Airbnb Rental Income: $380 Traditional Rental Income: $2173 Airbnb ROI: -1.57% Traditional ROI: 8.71%
1307 18th Street Bay City, MI This is an excellent opportunity to acquire a well-maintained investment property in Bay C...	3 beds \| 2 baths \| 1,018 sq.ft.	$133,500	Airbnb cash on cash: 1.96% Traditional cash on cash: 10.82% Airbnb Rental Income: $942 Traditional Rental Income: $1733 Airbnb ROI: 1.96% Traditional ROI: 10.82%
600 W Jenny Bay City, MI This home offers a functional layout ranch with three bedrooms and one and a half baths, f...	3 beds \| 2 baths \| 1,196 sq.ft.	$169,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 9.08% Airbnb Rental Income: $942 Traditional Rental Income: $1960 Airbnb ROI: 0.61% Traditional ROI: 9.08%
510 WEBB Bay City, MI Conveniently located near schools & shopping this solid 4 bedroom, 1 1/2 bath home offers ...	4 beds \| 2 baths \| 1,048 sq.ft.	$155,000	Airbnb cash on cash: -2.28% Traditional cash on cash: 9.69% Airbnb Rental Income: $380 Traditional Rental Income: $1900 Airbnb ROI: -2.28% Traditional ROI: 9.69%
3118 N Water Street Bay City, MI Perfect opportunity for investors or first-time homebuyers alike! This charming 3-bedroom,...	3 beds \| 1 baths \| 1,057 sq.ft.	$94,900	Airbnb cash on cash: 2.32% Traditional cash on cash: 11.6% Airbnb Rental Income: $942 Traditional Rental Income: $1455 Airbnb ROI: 2.32% Traditional ROI: 11.6%
305.5 S Catherine Bay City, MI Perfect Opportunity for Investors or First-Time Home Buyers! This newly renovated 3-bedroo...	3 beds \| 1 baths \| 1,062 sq.ft.	$145,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 6.72% Airbnb Rental Income: $942 Traditional Rental Income: $1375 Airbnb ROI: 1.11% Traditional ROI: 6.72%
405 CAMPBELL Bay City, MI Neat & clean 3 bedroom, 2 bath, home located in a quiet East side neighborhood on a spacio...	3 beds \| 2 baths \| 1,285 sq.ft.	$139,900	Airbnb cash on cash: 1.24% Traditional cash on cash: 11.66% Airbnb Rental Income: $942 Traditional Rental Income: $1994 Airbnb ROI: 1.24% Traditional ROI: 11.66%
2921 E Fisher Bay City, MI Welcome to this beautifully maintained 3-bedroom, 2.5-bath home situated on a spacious 1-a...	3 beds \| 3 baths \| 1,680 sq.ft.	$309,900	Airbnb cash on cash: -0.8% Traditional cash on cash: 5.98% Airbnb Rental Income: $942 Traditional Rental Income: $2571 Airbnb ROI: -0.8% Traditional ROI: 5.98%
206 N Wenona Bay City, MI Check out this beautiful Victorian style home located in Bay City! This 3-4 bedroom home h...	3 beds \| 2 baths \| 1,924 sq.ft.	$179,900	Airbnb cash on cash: 0.42% Traditional cash on cash: 4.97% Airbnb Rental Income: $942 Traditional Rental Income: $1375 Airbnb ROI: 0.42% Traditional ROI: 4.97%

Real Estate investment in Bay-city, MI

There are 42 properties for sale in the city of Bay City . The median list price in Bay City is $169,000 and the average price per square foot is $103. In May 2026, the average monthly cash on cash return in Bay City is 9.00%. The average monthly rental income in Bay City is $1,897.

Bay-city, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 42 investment properties available for sale in Bay-city.

In 2026, the best neighborhood to buy investment property is Bay City.

The ROI for Short-Term is higher than the Long-Term in Bay-city with average rental income of $942.

Your search for investment property begins and ends here

Investment Property for Sale in Bay City, MI

704 Bay

Bay City, MI

3 beds | 2 baths | 1,750 sq.ft.

$165,000

Airbnb cash on cash: 0.68%

Traditional cash on cash: 6.32%

Airbnb Rental Income: $942

Traditional Rental Income: $1483

Airbnb ROI: 0.68%

Traditional ROI: 6.32%

1200 Fitzhugh Street

Bay City, MI

3 beds | 1 baths | 1,216 sq.ft.

$124,900

Airbnb cash on cash: 1.73%

Traditional cash on cash: 9.87%

Airbnb Rental Income: $942

Traditional Rental Income: $1575

Airbnb ROI: 1.73%

Traditional ROI: 9.87%

2300 S Lincoln

Bay City, MI

3 beds | 1 baths | 1,316 sq.ft.

$170,000

Airbnb cash on cash: 1.05%

Traditional cash on cash: 7.8%

Airbnb Rental Income: $942

Traditional Rental Income: $1689

Airbnb ROI: 1.05%

Traditional ROI: 7.8%

1870 Freeland

Bay City, MI

4 beds | 5 baths | 3,874 sq.ft.

$774,900

Airbnb cash on cash: -1.99%

Traditional cash on cash: 4.69%

Airbnb Rental Income: $380

Traditional Rental Income: $4953

Airbnb ROI: -1.99%

Traditional ROI: 4.69%

1870 Morin

Bay City, MI

3 beds | 2 baths | 1,353 sq.ft.

$239,900

Airbnb cash on cash: 0.29%

Traditional cash on cash: 7.02%

Airbnb Rental Income: $942

Traditional Rental Income: $2122

Airbnb ROI: 0.29%

Traditional ROI: 7.02%

4454 E Park

Bay City, MI

2 beds | 3 baths | 1,998 sq.ft.

$219,000

Airbnb cash on cash: -0.72%

Traditional cash on cash: 9.04%

Airbnb Rental Income: $786

Traditional Rental Income: $2490

Airbnb ROI: -0.72%

Traditional ROI: 9.04%

3378 State St

Bay City, MI

3 beds | 2 baths | 1,484 sq.ft.

$333,900

Airbnb cash on cash: -0.18%

Traditional cash on cash: 4.83%

Airbnb Rental Income: $942

Traditional Rental Income: $2169

Airbnb ROI: -0.18%

Traditional ROI: 4.83%

3365 Old Kawkawlin

Bay City, MI

3 beds | 2 baths | 2,500 sq.ft.

$725,000

Airbnb cash on cash: -1.78%

Traditional cash on cash: 1.73%

Airbnb Rental Income: $942

Traditional Rental Income: $2970

Airbnb ROI: -1.78%