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
1961 S Lincoln Street Bay City, MI Welcome home to this spacious 3-bedroom, 2-bath ranch perfectly situated on a generous lot...	3 beds \| 2 baths \| 1,584 sq.ft.	$155,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 11.89% Airbnb Rental Income: $637 Traditional Rental Income: $2207 Airbnb ROI: -0.7% Traditional ROI: 11.89%
2777 E Fisher Bay City, MI Desirable Monitor Township Home. Living room with wood burning fireplace, large dining ro...	3 beds \| 2 baths \| 1,380 sq.ft.	$195,000	Airbnb cash on cash: -1.17% Traditional cash on cash: 7.36% Airbnb Rental Income: $637 Traditional Rental Income: $1922 Airbnb ROI: -1.17% Traditional ROI: 7.36%
17 Cove Bay City, MI Beautiful ranch condo featuring 2 bedrooms & 2 full baths overlooking the Saginaw River. S...	2 beds \| 2 baths \| 1,521 sq.ft.	$239,900	Airbnb cash on cash: -1.45% Traditional cash on cash: 1.3% Airbnb Rental Income: $1095 Traditional Rental Income: $1347 Airbnb ROI: -1.45% Traditional ROI: 1.3%
704 Bay Bay City, MI Welcome home to this charming 3-bedroom, 2-bath ranch featuring a fully fenced front and b...	3 beds \| 2 baths \| 1,750 sq.ft.	$184,900	Airbnb cash on cash: -1.1% Traditional cash on cash: 5.39% Airbnb Rental Income: $637 Traditional Rental Income: $1483 Airbnb ROI: -1.1% Traditional ROI: 5.39%
701 Center Avenue Bay City, MI Welcome to 701 Center Ave, a beautifully restored Second Empire home built in 1876 by Jame...	17 beds \| N/A baths \| N/A	$819,900	Airbnb cash on cash: -1.72% Traditional cash on cash: -0.71% Airbnb Rental Income: $1118 Traditional Rental Income: $1510 Airbnb ROI: -1.72% Traditional ROI: -0.71%
105 Parkwood Bay City, MI A Rare Piece of Bay City History â 105 Parkwood Court Step into timeless elegance with ...	4 beds \| 4 baths \| 4,219 sq.ft.	$474,900	Airbnb cash on cash: -1.31% Traditional cash on cash: 6.67% Airbnb Rental Income: $986 Traditional Rental Income: $4177 Airbnb ROI: -1.31% Traditional ROI: 6.67%
1 Nelson Bay City, MI This stunning 1910 bungalow nestled near Bay City's charming Carroll park is full of time...	4 beds \| 4 baths \| 3,287 sq.ft.	$390,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 8.86% Airbnb Rental Income: $986 Traditional Rental Income: $4225 Airbnb ROI: -0.96% Traditional ROI: 8.86%
208 34th Bay City, MI OPEN HOUSE SATURDAY 10/18/25 1-4, come stop in! WANTED: New Family! IMMEDIATE OCCUPANCY a...	4 beds \| 1 baths \| 1,456 sq.ft.	$133,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 11.08% Airbnb Rental Income: $986 Traditional Rental Income: $1865 Airbnb ROI: 1.44% Traditional ROI: 11.08%
305 Marston Street Bay City, MI Are you looking for your your first home? Ready to downsize? This is the place!! This coz...	2 beds \| 1 baths \| 948 sq.ft.	$105,000	Airbnb cash on cash: 4.16% Traditional cash on cash: 9.97% Airbnb Rental Income: $1095 Traditional Rental Income: $1315 Airbnb ROI: 4.16% Traditional ROI: 9.97%
2309 Nurmi Bay City, MI Nurmi-built mid-century home with art deco flair in Bay City's Historic District! Offering...	4 beds \| 4 baths \| 2,894 sq.ft.	$355,900	Airbnb cash on cash: -0.91% Traditional cash on cash: 9.03% Airbnb Rental Income: $986 Traditional Rental Income: $3955 Airbnb ROI: -0.91% Traditional ROI: 9.03%
2054 Kloha Bay City, MI Stunning remodeled farmhouse available in Frankenlust Township! Step into this beautiful h...	2 beds \| 2 baths \| 1,565 sq.ft.	$410,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 3.32% Airbnb Rental Income: $1095 Traditional Rental Income: $2144 Airbnb ROI: -0.38% Traditional ROI: 3.32%
917 N Water Bay City, MI Welcome to one of Downtown Bay City's most coveted addresses. This elegant second-floor re...	2 beds \| 3 baths \| 2,195 sq.ft.	$475,000	Airbnb cash on cash: -2.44% Traditional cash on cash: 1.96% Airbnb Rental Income: $1095 Traditional Rental Income: $2679 Airbnb ROI: -2.44% Traditional ROI: 1.96%
2300 S Lincoln Bay City, MI Updated 3 Bedroom 1 Bath home on Â½ acre lot near bike paths with full basement offering f...	3 beds \| 1 baths \| 1,316 sq.ft.	$163,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 7.42% Airbnb Rental Income: $637 Traditional Rental Income: $1689 Airbnb ROI: -1.24% Traditional ROI: 7.42%
901 Germania Street Bay City, MI 901 Germania Street in Bay City is a solid 4-unit income property producing steady rental ...	4 beds \| N/A baths \| N/A	$280,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.75% Airbnb Rental Income: $986 Traditional Rental Income: $1538 Airbnb ROI: 0.32% Traditional ROI: 3.75%
3112 Gaslight Drive Bay City, MI Very desirable condo, end unit in Gaslight Village Condominiums. Enjoy condo living- let s...	3 beds \| 2 baths \| 1,600 sq.ft.	$295,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 5.25% Airbnb Rental Income: $637 Traditional Rental Income: $2253 Airbnb ROI: -1.63% Traditional ROI: 5.25%
2810 Mix Bay City, MI 2-bedroom 1-bath home in the South End of Bay City. Detached garage and fenced-in back yar...	2 beds \| 1 baths \| 840 sq.ft.	$104,900	Airbnb cash on cash: 3.17% Traditional cash on cash: 10.3% Airbnb Rental Income: $1095 Traditional Rental Income: $1449 Airbnb ROI: 3.17% Traditional ROI: 10.3%
915 N Water Bay City, MI Stunning luxury condo that has been completely renovated with exquisite finishes and style...	2 beds \| 3 baths \| 2,147 sq.ft.	$550,000	Airbnb cash on cash: -2.21% Traditional cash on cash: 1.76% Airbnb Rental Income: $1095 Traditional Rental Income: $2767 Airbnb ROI: -2.21% Traditional ROI: 1.76%
39 Salzburg Bay City, MI Rare 4 unit rental home in Monitor township! 3 one bedroom units and one 2 bedroom unit w...	5 beds \| 4 baths \| 2,513 sq.ft.	$247,500	Airbnb cash on cash: 0.67% Traditional cash on cash: 11.43% Airbnb Rental Income: $1118 Traditional Rental Income: $3257 Airbnb ROI: 0.67% Traditional ROI: 11.43%
1901 S Mountain Bay City, MI Welcome to 1901 S Mountain Street in the heart of Bay City, Michigan! This charming proper...	3 beds \| 2 baths \| 952 sq.ft.	$122,500	Airbnb cash on cash: -0.13% Traditional cash on cash: 11.72% Airbnb Rental Income: $637 Traditional Rental Income: $1741 Airbnb ROI: -0.13% Traditional ROI: 11.72%
526 Green Bay City, MI 526 Green Avenue, Bay City - Mid Century Modern Beauty Step inside this beautifully renov...	3 beds \| 3 baths \| 2,434 sq.ft.	$445,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 5.18% Airbnb Rental Income: $637 Traditional Rental Income: $3078 Airbnb ROI: -1.39% Traditional ROI: 5.18%
2147 7th Bay City, MI NOW ONLY $199,500â¦A very well-loved home owned for over 40 yrs by the same family is wai...	3 beds \| 2 baths \| 1,874 sq.ft.	$199,500	Airbnb cash on cash: -1% Traditional cash on cash: 9.92% Airbnb Rental Income: $637 Traditional Rental Income: $2409 Airbnb ROI: -1% Traditional ROI: 9.92%
2975 Continental Bay City, MI Welcome to this 3-bedroom, 1-bath ranch in Martin Reinhardtâs Wooded Acres subdivision! ...	3 beds \| 1 baths \| 1,326 sq.ft.	$225,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 5.66% Airbnb Rental Income: $637 Traditional Rental Income: $1766 Airbnb ROI: -1.03% Traditional ROI: 5.66%
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.	$850,000	Airbnb cash on cash: -1.27% Traditional cash on cash: 4.19% Airbnb Rental Income: $986 Traditional Rental Income: $4953 Airbnb ROI: -1.27% Traditional ROI: 4.19%
2105 6th St Bay City, MI Welcome home to this 3 bed, 1.5 bath home! This move in ready home offers a fire-lit livin...	3 beds \| 2 baths \| 1,560 sq.ft.	$199,900	Airbnb cash on cash: -1.18% Traditional cash on cash: 8.37% Airbnb Rental Income: $637 Traditional Rental Income: $2155 Airbnb ROI: -1.18% Traditional ROI: 8.37%
301 McEwan Bay City, MI This home which has been well kept is in move in condition. This home features 3 bedrooms ...	3 beds \| 1 baths \| 864 sq.ft.	$129,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 9.73% Airbnb Rental Income: $637 Traditional Rental Income: $1527 Airbnb ROI: 0.18% Traditional ROI: 9.73%
3204 N Water Bay City, MI This charming 1910 Dutch Colonial Sears Catalog kit home has undergone a thoughtful renova...	2 beds \| 1 baths \| 1,046 sq.ft.	$115,000	Airbnb cash on cash: 3.75% Traditional cash on cash: 11.37% Airbnb Rental Income: $1095 Traditional Rental Income: $1570 Airbnb ROI: 3.75% Traditional ROI: 11.37%
1615 S Jackson Bay City, MI Welcome to 1615 S Jackson - a solid brick home in Bay City's desirable South End, offering...	3 beds \| 2 baths \| 1,511 sq.ft.	$179,900	Airbnb cash on cash: -0.82% Traditional cash on cash: 10.31% Airbnb Rental Income: $637 Traditional Rental Income: $2248 Airbnb ROI: -0.82% Traditional ROI: 10.31%
1113 S Grant Street Bay City, MI Welcome to 1113 South Grant Street-a two-story home nestled in the heart of Bay City's his...	3 beds \| 1 baths \| 1,306 sq.ft.	$124,900	Airbnb cash on cash: -0.04% Traditional cash on cash: 11.22% Airbnb Rental Income: $637 Traditional Rental Income: $1697 Airbnb ROI: -0.04% Traditional ROI: 11.22%
1704 S Warner Bay City, MI Move in ready 3 bed / 1.5 bath home with first floor bedroom. Updated kitchen with stainl...	3 beds \| 2 baths \| 1,532 sq.ft.	$189,900	Airbnb cash on cash: -1.08% Traditional cash on cash: 9.56% Airbnb Rental Income: $637 Traditional Rental Income: $2263 Airbnb ROI: -1.08% Traditional ROI: 9.56%
1608 Wilson Bay City, MI Charming Bay City Home Near Roosevelt Park â Updated & Move-In Ready! Located just one b...	2 beds \| 1 baths \| 798 sq.ft.	$124,900	Airbnb cash on cash: 3.12% Traditional cash on cash: 8.49% Airbnb Rental Income: $1095 Traditional Rental Income: $1369 Airbnb ROI: 3.12% Traditional ROI: 8.49%

Real Estate investment in Bay-city, MI

There are 43 properties for sale in the city of Bay City . The median list price in Bay City is $155,500 and the average price per square foot is $93. In December 2025, the average monthly cash on cash return in Bay City is 10.00%. The average monthly rental income in Bay City is $2,078.

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

There are 43 investment properties available for sale in Bay-city.

In 2025, 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 $637.

Your search for investment property begins and ends here

Investment Property for Sale in Bay City, MI

1961 S Lincoln Street

Bay City, MI

3 beds | 2 baths | 1,584 sq.ft.

$155,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: 11.89%

Airbnb Rental Income: $637

Traditional Rental Income: $2207

Airbnb ROI: -0.7%

Traditional ROI: 11.89%

2777 E Fisher

Bay City, MI

3 beds | 2 baths | 1,380 sq.ft.

$195,000

Airbnb cash on cash: -1.17%

Traditional cash on cash: 7.36%

Airbnb Rental Income: $637

Traditional Rental Income: $1922

Airbnb ROI: -1.17%

Traditional ROI: 7.36%

17 Cove

Bay City, MI

2 beds | 2 baths | 1,521 sq.ft.

$239,900

Airbnb cash on cash: -1.45%

Traditional cash on cash: 1.3%

Airbnb Rental Income: $1095

Traditional Rental Income: $1347

Airbnb ROI: -1.45%

Traditional ROI: 1.3%

704 Bay

Bay City, MI

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

$184,900

Airbnb cash on cash: -1.1%

Traditional cash on cash: 5.39%

Airbnb Rental Income: $637

Traditional Rental Income: $1483

Airbnb ROI: -1.1%

Traditional ROI: 5.39%

701 Center Avenue

Bay City, MI

17 beds | N/A baths | N/A

$819,900

Airbnb cash on cash: -1.72%

Traditional cash on cash: -0.71%

Airbnb Rental Income: $1118

Traditional Rental Income: $1510

Airbnb ROI: -1.72%

Traditional ROI: -0.71%

105 Parkwood

Bay City, MI

4 beds | 4 baths | 4,219 sq.ft.

$474,900

Airbnb cash on cash: -1.31%

Traditional cash on cash: 6.67%

Airbnb Rental Income: $986

Traditional Rental Income: $4177

Airbnb ROI: -1.31%

Traditional ROI: 6.67%

1 Nelson

Bay City, MI

4 beds | 4 baths | 3,287 sq.ft.

$390,000

Airbnb cash on cash: -0.96%

Traditional cash on cash: 8.86%

Airbnb Rental Income: $986

Traditional Rental Income: $4225

Airbnb ROI: -0.96%

Traditional ROI: 8.86%

208 34th

Bay City, MI

4 beds | 1 baths | 1,456 sq.ft.

$133,000

Airbnb cash on cash: 1.44%

Traditional cash on cash: 11.08%

Airbnb Rental Income: $986

Traditional Rental Income: $1865

Airbnb ROI: 1.44%