Real Estate Investment Properties for Sale in Ferndale, MI

Looking for investment property in Ferndale, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
204 Edgewood Place Pl Ferndale, MI Charming, Well-Maintained Brick Ranch in the Heart of Ferndale! Welcome home to this c...	3 beds \| 1 baths \| 2,304 sq.ft.	$249,900	Airbnb cash on cash: 1.35% Traditional cash on cash: 6.7% Airbnb Rental Income: $1562 Traditional Rental Income: $2424 Airbnb ROI: 1.35% Traditional ROI: 6.7%
967 Alberta St Ferndale, MI Turnkey Ferndale duplex, recently vacated and offering an opportunity to set new rents fro...	N/A beds \| 2 baths \| 1,500 sq.ft.	$349,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 2.84% Airbnb Rental Income: $1562 Traditional Rental Income: $2045 Airbnb ROI: 0.08% Traditional ROI: 2.84%
450 E MAPLEHURST St Ferndale, MI Three bedroom bungalow in a great location of NE Ferndale - walking distance to downtown F...	3 beds \| 1 baths \| 1,029 sq.ft.	$225,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 2.21% Airbnb Rental Income: $1562 Traditional Rental Income: $1370 Airbnb ROI: 1.08% Traditional ROI: 2.21%
315 Leroy St Ferndale, MI Located in one of Ferndale's most sought-after neighborhoods, this beautifully updated 3-b...	3 beds \| 2 baths \| 1,605 sq.ft.	$325,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 3.32% Airbnb Rental Income: $1562 Traditional Rental Income: $2130 Airbnb ROI: 0.13% Traditional ROI: 3.32%
543 E Saratoga Street Ferndale, MI Welcome to this recently renovated 3-bedroom, 1-bathroom Ferndale home offering 1,216 SQFT...	3 beds \| 1 baths \| 1,216 sq.ft.	$299,900	Airbnb cash on cash: 0.66% Traditional cash on cash: 2.19% Airbnb Rental Income: $1562 Traditional Rental Income: $1545 Airbnb ROI: 0.66% Traditional ROI: 2.19%
2441 Coy St Ferndale, MI Darling cottage style bungalow on a beautiful tree-lined street in Ferndale with 1,150 squ...	3 beds \| 1 baths \| 1,150 sq.ft.	$285,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 3.07% Airbnb Rental Income: $1562 Traditional Rental Income: $1775 Airbnb ROI: 0.64% Traditional ROI: 3.07%
595 E Drayton St Ferndale, MI Welcome Home to this updated, modern, and cozy home in North Ferndale! Walking distance to...	2 beds \| 1 baths \| 786 sq.ft.	$239,900	Airbnb cash on cash: 0.13% Traditional cash on cash: 1.53% Airbnb Rental Income: $1291 Traditional Rental Income: $1204 Airbnb ROI: 0.13% Traditional ROI: 1.53%
3246 Harris St Ferndale, MI Nestled on a spacious corner lot in the heart of Ferndale, this charming ranch offers the ...	3 beds \| 1 baths \| 924 sq.ft.	$235,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 3.01% Airbnb Rental Income: $1562 Traditional Rental Income: $1434 Airbnb ROI: 1.56% Traditional ROI: 3.01%
2042 Browning St Ferndale, MI Currently leased and generating excellent rental income, this turnkey property presents an...	3 beds \| 1 baths \| 1,050 sq.ft.	$260,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 2.07% Airbnb Rental Income: $1562 Traditional Rental Income: $1452 Airbnb ROI: 0.69% Traditional ROI: 2.07%
306 Silman Street Ferndale, MI Welcome to 306 Silman St, a move-in ready home in the heart of Ferndale! Every detail of t...	2 beds \| 1 baths \| 717 sq.ft.	$215,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 4.53% Airbnb Rental Income: $1291 Traditional Rental Income: $1441 Airbnb ROI: 1.81% Traditional ROI: 4.53%
1421 Camden St Ferndale, MI Move-in ready Ferndale bungalow offering classic charm with thoughtful modern updates. Nat...	3 beds \| 1 baths \| 1,063 sq.ft.	$219,900	Airbnb cash on cash: 0.28% Traditional cash on cash: 4.12% Airbnb Rental Income: $1291 Traditional Rental Income: $1793 Airbnb ROI: 0.28% Traditional ROI: 4.12%
293 FIELDING St Ferndale, MI Great price and huge potential on this 3 bedroom 2 full bath bungalow on a basement. Selle...	3 beds \| 2 baths \| 1,300 sq.ft.	$199,900	Airbnb cash on cash: 1.38% Traditional cash on cash: 4.81% Airbnb Rental Income: $1562 Traditional Rental Income: $1763 Airbnb ROI: 1.38% Traditional ROI: 4.81%
2808 Goodrich St Ferndale, MI Move right in and enjoy this newly built home in a great Ferndale location. The layout is ...	3 beds \| 2 baths \| 1,450 sq.ft.	$397,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 4.48% Airbnb Rental Income: $1562 Traditional Rental Income: $2305 Airbnb ROI: 1.29% Traditional ROI: 4.48%
21004 Reimanville Ave Ferndale, MI Updated brick colonial with flexible residential or investment potential in a convenient F...	5 beds \| 3 baths \| 1,604 sq.ft.	$239,900	Airbnb cash on cash: 1.91% Traditional cash on cash: 8.59% Airbnb Rental Income: $1493 Traditional Rental Income: $2569 Airbnb ROI: 1.91% Traditional ROI: 8.59%
1054 E Troy St Ferndale, MI EXTREMELY CHARMING BUNGALOW!! FANTASTIC Fully Updated Home w/3 Bedrooms, 1-1/2 Full Baths,...	3 beds \| 1 baths \| 854 sq.ft.	$164,900	Airbnb cash on cash: 2.71% Traditional cash on cash: 6.81% Airbnb Rental Income: $1562 Traditional Rental Income: $1757 Airbnb ROI: 2.71% Traditional ROI: 6.81%
571 W Saratoga Street Ferndale, MI OWNER SELLS SELL. Bring all offers. Fully Renovated Bungalow in Up-and-Coming Neighborhood...	3 beds \| 2 baths \| 1,408 sq.ft.	$334,900	Airbnb cash on cash: 0.91% Traditional cash on cash: 4.06% Airbnb Rental Income: $1562 Traditional Rental Income: $2105 Airbnb ROI: 0.91% Traditional ROI: 4.06%
1986 Romeo St Ferndale, MI OPEN HOUSE 6/20 11AM-1PM Welcome to this beautifully refreshed 3-bedroom, 2-bath home ...	3 beds \| 2 baths \| 977 sq.ft.	$269,900	Airbnb cash on cash: 1.97% Traditional cash on cash: 4.28% Airbnb Rental Income: $1562 Traditional Rental Income: $1701 Airbnb ROI: 1.97% Traditional ROI: 4.28%
839 E Bennett Ave Ferndale, MI This 997 square foot single family home has 3 bedrooms and 1.0 bathrooms. This home is loc...	4 beds \| 1 baths \| 997 sq.ft.	$259,999	Airbnb cash on cash: 0.93% Traditional cash on cash: 1.93% Airbnb Rental Income: $1562 Traditional Rental Income: $1349 Airbnb ROI: 0.93% Traditional ROI: 1.93%
525 E Lewiston Ave Ferndale, MI Welcome to this refreshed Ferndale bungalow, where thoughtful updates, versatile living sp...	4 beds \| 2 baths \| 1,824 sq.ft.	$360,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 3.92% Airbnb Rental Income: $1331 Traditional Rental Income: $2154 Airbnb ROI: 0.36% Traditional ROI: 3.92%
1567 Leroy St Ferndale, MI	5 beds \| 2 baths \| 948 sq.ft.	$389,000	Airbnb cash on cash: -1.33% Traditional cash on cash: 0.01% Airbnb Rental Income: $1493 Traditional Rental Income: $1479 Airbnb ROI: -1.33% Traditional ROI: 0.01%
3291 Minerva St Ferndale, MI Welcome to 3291 Minerva St in Ferndale! This charming 3-bedroom, 2-bath home offers a grea...	3 beds \| 2 baths \| 1,658 sq.ft.	$285,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 4.89% Airbnb Rental Income: $1562 Traditional Rental Income: $2135 Airbnb ROI: 1.08% Traditional ROI: 4.89%
211 E 9 Mile Rd #307 Ferndale, MI Fabulous 2 story loft condo in the heart of all that downtown Ferndale has to offer with 2...	2 beds \| 2 baths \| 1,488 sq.ft.	$462,500	Airbnb cash on cash: -1.52% Traditional cash on cash: 1.37% Airbnb Rental Income: $1291 Traditional Rental Income: $2146 Airbnb ROI: -1.52% Traditional ROI: 1.37%
235 Flowerdale St Ferndale, MI Fully remodeled bungalow back on market with improved pricing and new landscaping! The ope...	3 beds \| 2 baths \| 968 sq.ft.	$309,500	Airbnb cash on cash: 0.82% Traditional cash on cash: 2.7% Airbnb Rental Income: $1562 Traditional Rental Income: $1660 Airbnb ROI: 0.82% Traditional ROI: 2.7%
3060 Minerva St Ferndale, MI Welcome to this charming Ferndale bungalow in a prime location close to Royal Oak, major e...	3 beds \| 1 baths \| 756 sq.ft.	$189,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 3.91% Airbnb Rental Income: $1562 Traditional Rental Income: $1335 Airbnb ROI: 2.68% Traditional ROI: 3.91%
220 Farmdale Street Ferndale, MI Wonderful Bungalow waiting for you to call it home! All bedrooms have walk-in closets and ...	3 beds \| 1 baths \| 1,105 sq.ft.	$180,000	Airbnb cash on cash: 3.87% Traditional cash on cash: 6.51% Airbnb Rental Income: $1562 Traditional Rental Income: $1564 Airbnb ROI: 3.87% Traditional ROI: 6.51%
988 E Troy St Ferndale, MI Enjoy the best of Ferndale living in this charming, walkable home. Spend evenings on the i...	2 beds \| 1 baths \| 780 sq.ft.	$219,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 1.15% Airbnb Rental Income: $1291 Traditional Rental Income: $1032 Airbnb ROI: 0.44% Traditional ROI: 1.15%
3139 Grayson St Ferndale, MI Exceptional Ferndale new construction by 4th Dimension Development that backs directly to ...	3 beds \| 2 baths \| 2,081 sq.ft.	$649,900	Airbnb cash on cash: 0.28% Traditional cash on cash: 3.25% Airbnb Rental Income: $1562 Traditional Rental Income: $2914 Airbnb ROI: 0.28% Traditional ROI: 3.25%
561 Bennett Ave Ferndale, MI Charming ranch home on a quiet street, close to downtown Ferndale. Inside, you'll find a b...	3 beds \| 1 baths \| 840 sq.ft.	$144,900	Airbnb cash on cash: 2.32% Traditional cash on cash: 4.58% Airbnb Rental Income: $1562 Traditional Rental Income: $1427 Airbnb ROI: 2.32% Traditional ROI: 4.58%
420 College St Ferndale, MI Absolutely stunning and truly move-in ready, this exceptional colonial in Wilson Park Vill...	3 beds \| 2 baths \| 2,190 sq.ft.	$589,900	Airbnb cash on cash: -0.97% Traditional cash on cash: 2.41% Airbnb Rental Income: $1562 Traditional Rental Income: $3005 Airbnb ROI: -0.97% Traditional ROI: 2.41%
762 W Oakridge Sts Ferndale, MI WELCOME to a stunning 4-bedroom brick Tudor-style home, spacious living room with a natura...	4 beds \| 1 baths \| 2,520 sq.ft.	$879,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 0.44% Airbnb Rental Income: $1331 Traditional Rental Income: $2682 Airbnb ROI: -1.58% Traditional ROI: 0.44%
434 Camden St Ferndale, MI DOUBLE DOUBLE LOT LOT!!! YES... a DOUBLE LOT in a PRIME LOCATION of Ferndale! You'll hit t...	2 beds \| 1 baths \| 923 sq.ft.	$205,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 3.7% Airbnb Rental Income: $1291 Traditional Rental Income: $1377 Airbnb ROI: 1.33% Traditional ROI: 3.7%
2139 Romeo St Ferndale, MI Welcome Home to Ferndale Living at Its Finest! Don't let the charming curb appeal fool you...	2 beds \| 1 baths \| 786 sq.ft.	$205,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.43% Airbnb Rental Income: $1291 Traditional Rental Income: $1206 Airbnb ROI: 0.86% Traditional ROI: 2.43%
1427 Pearson St Ferndale, MI Ideally located just minutes from downtown Ferndale, this inviting 3 bedroom, 1.5 bath bun...	3 beds \| 1 baths \| 1,020 sq.ft.	$250,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 3.67% Airbnb Rental Income: $1562 Traditional Rental Income: $1709 Airbnb ROI: 1.28% Traditional ROI: 3.67%
556 E Troy St Ferndale, MI Tucked away on a quiet dead-end street, this 1923 Ferndale craftsman blends historical sou...	4 beds \| 1 baths \| 1,373 sq.ft.	$349,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 4.92% Airbnb Rental Income: $1331 Traditional Rental Income: $2352 Airbnb ROI: 0.56% Traditional ROI: 4.92%
317 E Maplehurst Street E Ferndale, MI Investor Opportunity in the Heart of Ferndale! Unlock the potential of this versatile ...	4 beds \| 2 baths \| 1,929 sq.ft.	$325,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 3.98% Airbnb Rental Income: $1331 Traditional Rental Income: $2366 Airbnb ROI: -0.75% Traditional ROI: 3.98%
561 Parkdale Ln Ferndale, MI Fresh, five stars, and fabulous in Ferndale; Welcome Home to 561 Parkdale Lane. Move right...	2 beds \| 2 baths \| 1,417 sq.ft.	$279,900	Airbnb cash on cash: -0.39% Traditional cash on cash: 5.01% Airbnb Rental Income: $1291 Traditional Rental Income: $2385 Airbnb ROI: -0.39% Traditional ROI: 5.01%
1657 W Troy St Ferndale, MI Charming Ferndale Bungalow - Walkable Downtown! Welcome to this move-in ready 3-bedroom, 1...	3 beds \| 1 baths \| 892 sq.ft.	$299,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 2.57% Airbnb Rental Income: $1562 Traditional Rental Income: $1628 Airbnb ROI: 0.8% Traditional ROI: 2.57%
440 W Saratoga Street Ferndale, MI Charming 1921 Craftsman ranch just moments from the heart of downtown Ferndale! This invit...	2 beds \| 2 baths \| 994 sq.ft.	$299,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 2.1% Airbnb Rental Income: $1291 Traditional Rental Income: $1555 Airbnb ROI: -0.27% Traditional ROI: 2.1%

Real Estate investment in Ferndale, MI

There are 94 properties for sale in the city of Ferndale . The median list price in Ferndale is $274,836 and the average price per square foot is $195. In September 2026, the average monthly cash on cash return in Ferndale is 3.00%. The average monthly rental income in Ferndale is $1,474.

Ferndale, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 94 investment properties available for sale in Ferndale.

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

The ROI for Long-Term is higher than the Short-Term in Ferndale with average rental income of $1,474.

Your search for investment property begins and ends here

Investment Property for Sale in Ferndale, MI

204 Edgewood Place Pl

Ferndale, MI

3 beds | 1 baths | 2,304 sq.ft.

$249,900

Airbnb cash on cash: 1.35%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $1562

Traditional Rental Income: $2424

Airbnb ROI: 1.35%

Traditional ROI: 6.7%

967 Alberta St

Ferndale, MI

N/A beds | 2 baths | 1,500 sq.ft.

$349,000

Airbnb cash on cash: 0.08%

Traditional cash on cash: 2.84%

Airbnb Rental Income: $1562

Traditional Rental Income: $2045

Airbnb ROI: 0.08%

Traditional ROI: 2.84%

450 E MAPLEHURST St

Ferndale, MI

3 beds | 1 baths | 1,029 sq.ft.

$225,000

Airbnb cash on cash: 1.08%

Traditional cash on cash: 2.21%

Airbnb Rental Income: $1562

Traditional Rental Income: $1370

Airbnb ROI: 1.08%

Traditional ROI: 2.21%

315 Leroy St

Ferndale, MI

3 beds | 2 baths | 1,605 sq.ft.

$325,000

Airbnb cash on cash: 0.13%

Traditional cash on cash: 3.32%

Airbnb Rental Income: $1562

Traditional Rental Income: $2130

Airbnb ROI: 0.13%

Traditional ROI: 3.32%

543 E Saratoga Street

Ferndale, MI

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

$299,900

Airbnb cash on cash: 0.66%

Traditional cash on cash: 2.19%

Airbnb Rental Income: $1562

Traditional Rental Income: $1545

Airbnb ROI: 0.66%

Traditional ROI: 2.19%

2441 Coy St

Ferndale, MI

3 beds | 1 baths | 1,150 sq.ft.

$285,000

Airbnb cash on cash: 0.64%

Traditional cash on cash: 3.07%

Airbnb Rental Income: $1562

Traditional Rental Income: $1775

Airbnb ROI: 0.64%

Traditional ROI: 3.07%

595 E Drayton St

Ferndale, MI

2 beds | 1 baths | 786 sq.ft.

$239,900

Airbnb cash on cash: 0.13%

Traditional cash on cash: 1.53%

Airbnb Rental Income: $1291

Traditional Rental Income: $1204

Airbnb ROI: 0.13%

Traditional ROI: 1.53%

3246 Harris St

Ferndale, MI

3 beds | 1 baths | 924 sq.ft.

$235,000

Airbnb cash on cash: 1.56%

Traditional cash on cash: 3.01%

Airbnb Rental Income: $1562

Traditional Rental Income: $1434

Airbnb ROI: 1.56%