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
720 S Sherman Street Bay City, MI Homes like this don't come along often! This move-in ready 2 bedroom home on the south end...	2 beds \| 1 baths \| 920 sq.ft.	$139,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 6.17% Airbnb Rental Income: $648 Traditional Rental Income: $1257 Airbnb ROI: -0.58% Traditional ROI: 6.17%
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.	$175,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 5.82% Airbnb Rental Income: $917 Traditional Rental Income: $1483 Airbnb ROI: 0.38% Traditional ROI: 5.82%
722 S Van Buren Bay City, MI This updated Bay City home offers 4 bedrooms and 2 full baths with extensive renovations i...	4 beds \| 2 baths \| 1,830 sq.ft.	$169,000	Airbnb cash on cash: -2.01% Traditional cash on cash: 10.78% Airbnb Rental Income: $468 Traditional Rental Income: $2262 Airbnb ROI: -2.01% Traditional ROI: 10.78%
1111 N Water #403 Bay City, MI Welcome to a rare opportunity to own one of Bay City's most distinguished waterfront resid...	4 beds \| 5 baths \| 4,617 sq.ft.	$1,195,000	Airbnb cash on cash: -3.08% Traditional cash on cash: 2.22% Airbnb Rental Income: $468 Traditional Rental Income: $6094 Airbnb ROI: -3.08% Traditional ROI: 2.22%
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.	$345,000	Airbnb cash on cash: -2.19% Traditional cash on cash: 9.39% Airbnb Rental Income: $468 Traditional Rental Income: $3955 Airbnb ROI: -2.19% Traditional ROI: 9.39%
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.	$799,900	Airbnb cash on cash: -1.87% Traditional cash on cash: 4.51% Airbnb Rental Income: $468 Traditional Rental Income: $4953 Airbnb ROI: -1.87% Traditional ROI: 4.51%
1870 Morin Bay City, MI Welcome to 1870 Morin Street, a solid 1956 brick ranch offering 1,352 sq ft of comfortable...	3 beds \| 2 baths \| 1,353 sq.ft.	$249,900	Airbnb cash on cash: 0.15% Traditional cash on cash: 6.7% Airbnb Rental Income: $917 Traditional Rental Income: $2122 Airbnb ROI: 0.15% Traditional ROI: 6.7%
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.	$259,900	Airbnb cash on cash: -1.47% Traditional cash on cash: 7.25% Airbnb Rental Income: $648 Traditional Rental Income: $2490 Airbnb ROI: -1.47% Traditional ROI: 7.25%
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.	$349,900	Airbnb cash on cash: -0.28% Traditional cash on cash: 4.57% Airbnb Rental Income: $917 Traditional Rental Income: $2169 Airbnb ROI: -0.28% Traditional ROI: 4.57%
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: -1.82% Traditional cash on cash: 1.73% Airbnb Rental Income: $917 Traditional Rental Income: $2970 Airbnb ROI: -1.82% Traditional ROI: 1.73%
1229 MICHIGAN Bay City, MI Owner uses garage (24x24) as additional rec room with kitchen. Very nice home. Home is w...	3 beds \| 2 baths \| 1,313 sq.ft.	$199,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 7.69% Airbnb Rental Income: $917 Traditional Rental Income: $2020 Airbnb ROI: 0.04% Traditional ROI: 7.69%
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: -0.93% Traditional cash on cash: 6.55% Airbnb Rental Income: $917 Traditional Rental Income: $3374 Airbnb ROI: -0.93% Traditional ROI: 6.55%
305 S Cornell Street Bay City, MI Located in Bay City's historically rich neighborhood, this home invites you to the perfect...	3 beds \| 2 baths \| 1,603 sq.ft.	$179,900	Airbnb cash on cash: 1.54% Traditional cash on cash: 10.65% Airbnb Rental Income: $917 Traditional Rental Income: $2134 Airbnb ROI: 1.54% Traditional ROI: 10.65%
305 Cornell Street Bay City, MI Located in Bay City's historically rich neighborhood, this home invites you to the perfect...	3 beds \| 2 baths \| 1,603 sq.ft.	$179,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 9.7% Airbnb Rental Income: $917 Traditional Rental Income: $2121 Airbnb ROI: 0.67% Traditional ROI: 9.7%
400 Fraser Bay City, MI Fully Updated Exterior & Spacious Living in Bay City! Enjoy peace of mind knowing the big-...	4 beds \| 1 baths \| 1,572 sq.ft.	$159,900	Airbnb cash on cash: -1.8% Traditional cash on cash: 8.17% Airbnb Rental Income: $468 Traditional Rental Income: $1723 Airbnb ROI: -1.8% Traditional ROI: 8.17%
905 S Monroe Bay City, MI Move-In Ready on Monroe! This well-maintained Bay City home is move-in ready and a great f...	4 beds \| 1 baths \| 1,687 sq.ft.	$149,900	Airbnb cash on cash: -1.75% Traditional cash on cash: 8.52% Airbnb Rental Income: $468 Traditional Rental Income: $1675 Airbnb ROI: -1.75% Traditional ROI: 8.52%
1245 S Pine Bay City, MI Enjoy peaceful country living in this well-maintained 3-bedroom, 2-bath home offering 1,34...	3 beds \| 2 baths \| 1,344 sq.ft.	$199,900	Airbnb cash on cash: 0.02% Traditional cash on cash: 7.78% Airbnb Rental Income: $917 Traditional Rental Income: $2046 Airbnb ROI: 0.02% Traditional ROI: 7.78%
2011 S Sherman Bay City, MI Donât miss out on this well maintained 3 bedroom, 1.5 bath ranch in Bay Cityâs desirab...	3 beds \| 2 baths \| 1,344 sq.ft.	$163,900	Airbnb cash on cash: 0.57% Traditional cash on cash: 10.08% Airbnb Rental Income: $917 Traditional Rental Income: $2062 Airbnb ROI: 0.57% Traditional ROI: 10.08%
2193 N Ryan Bay City, MI SECOND CHANCE! Back on market at no fault of the property â previous buyer got cold feet...	3 beds \| 2 baths \| 1,620 sq.ft.	$369,900	Airbnb cash on cash: -1.14% Traditional cash on cash: 4.19% Airbnb Rental Income: $917 Traditional Rental Income: $2424 Airbnb ROI: -1.14% Traditional ROI: 4.19%
215 Gates Bay City, MI This charming 2-bedroom, 2-bath ranch is filled with natural sunlight and warm, inviting s...	2 beds \| 2 baths \| 1,017 sq.ft.	$159,900	Airbnb cash on cash: -0.82% Traditional cash on cash: 8.37% Airbnb Rental Income: $648 Traditional Rental Income: $1754 Airbnb ROI: -0.82% Traditional ROI: 8.37%
4551 Westfield Bay City, MI Welcome to what could be your new home. This inviting ranch-style home features three comf...	3 beds \| 1 baths \| 1,380 sq.ft.	$183,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 6.98% Airbnb Rental Income: $917 Traditional Rental Income: $1745 Airbnb ROI: 0.26% Traditional ROI: 6.98%
2735 Inverness Bay City, MI This beautifully updated luxury condominium offers a blend of sophistication, comfort, and...	3 beds \| 3 baths \| 3,495 sq.ft.	$419,900	Airbnb cash on cash: -2.71% Traditional cash on cash: 2.55% Airbnb Rental Income: $917 Traditional Rental Income: $2647 Airbnb ROI: -2.71% Traditional ROI: 2.55%
423 Ingraham St Bay City, MI Cute 3 bedroom 1 bath Southend home with central air to keep you comfortable for the hot s...	3 beds \| 1 baths \| 970 sq.ft.	$104,900	Airbnb cash on cash: 2.24% Traditional cash on cash: 11.32% Airbnb Rental Income: $917 Traditional Rental Income: $1500 Airbnb ROI: 2.24% Traditional ROI: 11.32%
612 Bradfield Street Bay City, MI This is a fully operating short-term rental business with an estimated annual income of $4...	4 beds \| 1 baths \| 970 sq.ft.	$215,000	Airbnb cash on cash: -1.47% Traditional cash on cash: 5.31% Airbnb Rental Income: $468 Traditional Rental Income: $1584 Airbnb ROI: -1.47% Traditional ROI: 5.31%
39 Spruce Ridge Bay City, MI This beautifully updated home offers quality, comfort, and peace of mind throughout. This ...	3 beds \| 1 baths \| 1,024 sq.ft.	$187,900	Airbnb cash on cash: 0.19% Traditional cash on cash: 5.24% Airbnb Rental Income: $917 Traditional Rental Income: $1478 Airbnb ROI: 0.19% Traditional ROI: 5.24%
2201 N Ryan Bay City, MI Remarkable on Ryan. Built in 2022 and thoughtfully maintained, this 3-bedroom, 2-bath ranc...	3 beds \| 2 baths \| 1,625 sq.ft.	$384,900	Airbnb cash on cash: -1.19% Traditional cash on cash: 4.09% Airbnb Rental Income: $917 Traditional Rental Income: $2482 Airbnb ROI: -1.19% Traditional ROI: 4.09%
4736 Moeller Bay City, MI Highly sought after Monitor Township location! This beautifully updated 3 bedroom, 2 full ...	3 beds \| 2 baths \| 1,630 sq.ft.	$264,900	Airbnb cash on cash: -0.59% Traditional cash on cash: 6.33% Airbnb Rental Income: $917 Traditional Rental Income: $2306 Airbnb ROI: -0.59% Traditional ROI: 6.33%
5452 Goetz Bay City, MI Move-in ready Monitor Township home with major updates already done! This 3-bedroom home f...	3 beds \| 1 baths \| 1,040 sq.ft.	$185,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 6.48% Airbnb Rental Income: $917 Traditional Rental Income: $1675 Airbnb ROI: 0.23% Traditional ROI: 6.48%
3400 Fairway Bay City, MI PENDING - ALL open houses are cancelled. Welcome to this well-maintained 3-bedroom, 2.5-...	3 beds \| 3 baths \| 1,576 sq.ft.	$265,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 6.65% Airbnb Rental Income: $917 Traditional Rental Income: $2387 Airbnb ROI: -0.6% Traditional ROI: 6.65%
1808 S Farragut Bay City, MI Timeless Mid-Century character meets solid craftsmanship! This impeccably maintained brick...	3 beds \| 2 baths \| 1,498 sq.ft.	$209,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 8.29% Airbnb Rental Income: $917 Traditional Rental Income: $2242 Airbnb ROI: -0.09% Traditional ROI: 8.29%
76 Cedar Bay City, MI All brick ranch with 2 bedroom and 1.5 baths, living room and family room and large open k...	2 beds \| 2 baths \| 1,656 sq.ft.	$169,900	Airbnb cash on cash: -0.92% Traditional cash on cash: 10.87% Airbnb Rental Income: $648 Traditional Rental Income: $2260 Airbnb ROI: -0.92% Traditional ROI: 10.87%

Real Estate investment in Bay-city, MI

There are 47 properties for sale in the city of Bay City . The median list price in Bay City is $175,000 and the average price per square foot is $106. In April 2026, the average monthly cash on cash return in Bay City is 8.00%. The average monthly rental income in Bay City is $1,888.

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

There are 47 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 $917.

Your search for investment property begins and ends here

Investment Property for Sale in Bay City, MI

720 S Sherman Street

Bay City, MI

2 beds | 1 baths | 920 sq.ft.

$139,900

Airbnb cash on cash: -0.58%

Traditional cash on cash: 6.17%

Airbnb Rental Income: $648

Traditional Rental Income: $1257

Airbnb ROI: -0.58%

Traditional ROI: 6.17%

704 Bay

Bay City, MI

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

$175,000

Airbnb cash on cash: 0.38%

Traditional cash on cash: 5.82%

Airbnb Rental Income: $917

Traditional Rental Income: $1483

Airbnb ROI: 0.38%

Traditional ROI: 5.82%

722 S Van Buren

Bay City, MI

4 beds | 2 baths | 1,830 sq.ft.

$169,000

Airbnb cash on cash: -2.01%

Traditional cash on cash: 10.78%

Airbnb Rental Income: $468

Traditional Rental Income: $2262

Airbnb ROI: -2.01%

Traditional ROI: 10.78%

1111 N Water #403

Bay City, MI

4 beds | 5 baths | 4,617 sq.ft.

$1,195,000

Airbnb cash on cash: -3.08%

Traditional cash on cash: 2.22%

Airbnb Rental Income: $468

Traditional Rental Income: $6094

Airbnb ROI: -3.08%

Traditional ROI: 2.22%

2309 Nurmi

Bay City, MI

4 beds | 4 baths | 2,894 sq.ft.

$345,000

Airbnb cash on cash: -2.19%

Traditional cash on cash: 9.39%

Airbnb Rental Income: $468

Traditional Rental Income: $3955

Airbnb ROI: -2.19%

Traditional ROI: 9.39%

1870 Freeland

Bay City, MI

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

$799,900

Airbnb cash on cash: -1.87%

Traditional cash on cash: 4.51%

Airbnb Rental Income: $468

Traditional Rental Income: $4953

Airbnb ROI: -1.87%

Traditional ROI: 4.51%

1870 Morin

Bay City, MI

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

$249,900

Airbnb cash on cash: 0.15%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $917

Traditional Rental Income: $2122

Airbnb ROI: 0.15%

Traditional ROI: 6.7%

4454 E Park

Bay City, MI

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

$259,900

Airbnb cash on cash: -1.47%

Traditional cash on cash: 7.25%

Airbnb Rental Income: $648

Traditional Rental Income: $2490

Airbnb ROI: -1.47%