Real Estate Investment Properties for Sale in Lansing, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
533 N Dexter Drive Lansing, MI Charming 1940s ranch offering timeless character and an affordable opportunity to make it ...	2 beds \| 2 baths \| 783 sq.ft.	$139,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 7.03% Airbnb Rental Income: $1036 Traditional Rental Income: $1476 Airbnb ROI: 1.05% Traditional ROI: 7.03%
1420 Owen Street Lansing, MI Welcome to 1420 Owen St located on beautiful lot at the end of a cul de sac. This home has...	3 beds \| 2 baths \| 999 sq.ft.	$195,000	Airbnb cash on cash: 2.99% Traditional cash on cash: 5.53% Airbnb Rental Income: $1721 Traditional Rental Income: $1716 Airbnb ROI: 2.99% Traditional ROI: 5.53%
2036 Devonshire Avenue Lansing, MI Welcome home to this charming Cape Cod nestled in a quiet, walkable neighborhood that perf...	3 beds \| 1 baths \| 1,014 sq.ft.	$189,900	Airbnb cash on cash: 3.41% Traditional cash on cash: 4.56% Airbnb Rental Income: $1721 Traditional Rental Income: $1453 Airbnb ROI: 3.41% Traditional ROI: 4.56%
1420 Reo Road Lansing, MI Are you searching for the perfect starter home or a smart investment opportunity? Look no ...	3 beds \| 1 baths \| 1,039 sq.ft.	$150,000	Airbnb cash on cash: 4.86% Traditional cash on cash: 7.04% Airbnb Rental Income: $1721 Traditional Rental Income: $1559 Airbnb ROI: 4.86% Traditional ROI: 7.04%
500 E Michigan Avenue #411 Lansing, MI Welcome to effortless downtown living in this well-maintained, top-floor, turnkey condo. L...	2 beds \| 2 baths \| 1,251 sq.ft.	$259,000	Airbnb cash on cash: -1.81% Traditional cash on cash: 3.42% Airbnb Rental Income: $1036 Traditional Rental Income: $1953 Airbnb ROI: -1.81% Traditional ROI: 3.42%
1714 Cooper Avenue Lansing, MI Move right into this beautifully maintained 3-bedroom, 1.5-bath traditional home offering ...	3 beds \| 2 baths \| 1,370 sq.ft.	$215,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 6.48% Airbnb Rental Income: $1721 Traditional Rental Income: $1979 Airbnb ROI: 2.88% Traditional ROI: 6.48%
809 W Northrup Street Lansing, MI Welcome to 809 W Northrup, a home that perfectly balances solid 1990s construction with th...	3 beds \| 2 baths \| 960 sq.ft.	$174,900	Airbnb cash on cash: 5.74% Traditional cash on cash: 8.7% Airbnb Rental Income: $1721 Traditional Rental Income: $1738 Airbnb ROI: 5.74% Traditional ROI: 8.7%
625 Nantucket Drive Lansing, MI Welcome to 625 Nantucket Drive! A rare, 3-bedroom, 2.5 bath END-UNIT condo located less th...	3 beds \| 3 baths \| 1,536 sq.ft.	$209,900	Airbnb cash on cash: -0.44% Traditional cash on cash: 0.89% Airbnb Rental Income: $1721 Traditional Rental Income: $1509 Airbnb ROI: -0.44% Traditional ROI: 0.89%
15277 Sherwood Lane Lansing, MI	3 beds \| 3 baths \| 1,836 sq.ft.	$412,900	Airbnb cash on cash: 0.56% Traditional cash on cash: 3.2% Airbnb Rental Income: $1721 Traditional Rental Income: $2268 Airbnb ROI: 0.56% Traditional ROI: 3.2%
1915 Cooper Avenue Lansing, MI Move-in ready 3-bedroom home tucked in a charming neighborhood behind the Country Club of ...	3 beds \| 1 baths \| 1,365 sq.ft.	$167,000	Airbnb cash on cash: 3.4% Traditional cash on cash: 4.03% Airbnb Rental Income: $1721 Traditional Rental Income: $1345 Airbnb ROI: 3.4% Traditional ROI: 4.03%
1204 Shepard Street Lansing, MI Step into 1204 Shepard St, a home that beautifully blends traditional charm with a modern ...	2 beds \| 1 baths \| 728 sq.ft.	$79,900	Airbnb cash on cash: 4.9% Traditional cash on cash: 10.73% Airbnb Rental Income: $1036 Traditional Rental Income: $1133 Airbnb ROI: 4.9% Traditional ROI: 10.73%
1525 W Saginaw Street Lansing, MI Investor special - tenant-occupied single-family home with current rent of $850/month. Sol...	4 beds \| 1 baths \| 1,248 sq.ft.	$65,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.77% Airbnb Rental Income: $null Traditional Rental Income: $1054 Airbnb ROI: N/A Traditional ROI: 6.77%
4000 Seaway Drive Lansing, MI Welcome to 4000 Seaway! This updated 2 bed, 2 bath ranch offers comfort and style near Ful...	2 beds \| 2 baths \| 1,668 sq.ft.	$194,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 4.34% Airbnb Rental Income: $1036 Traditional Rental Income: $1636 Airbnb ROI: -0.88% Traditional ROI: 4.34%
6001 Joshua Street Lansing, MI Completely Renovated & Move-In Ready! Welcome home to this beautifully renovated property ...	4 beds \| 2 baths \| 768 sq.ft.	$179,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.74% Airbnb Rental Income: $null Traditional Rental Income: $1779 Airbnb ROI: N/A Traditional ROI: 7.74%
217 E Hillsdale Street Lansing, MI Welcome to 217 E Hillsdale Street, a historic gem in the heart of Lansing! This spacious 4...	4 beds \| 2 baths \| 2,240 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.71% Airbnb Rental Income: $null Traditional Rental Income: $1176 Airbnb ROI: N/A Traditional ROI: 1.71%
745 Chicago Avenue Lansing, MI Tenant occupied 48 hour showing request notice, Tenant is month-to-month, rent is 1450.00,...	4 beds \| 1 baths \| 1,006 sq.ft.	$114,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.41% Airbnb Rental Income: $null Traditional Rental Income: $1433 Airbnb ROI: N/A Traditional ROI: 8.41%
15260 Nottingham Fields Parkway Lansing, MI Welcome to your dream home in the serene and exclusive subdivision of Nottingham Fields in...	3 beds \| 3 baths \| 1,742 sq.ft.	$440,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.13% Airbnb Rental Income: $1721 Traditional Rental Income: $2423 Airbnb ROI: 0.27% Traditional ROI: 3.13%
205 E Jolly Road #6 Lansing, MI Welcome to this beautifully updated 2-bedroom, 1.5-bath Condo offering a bright, open main...	2 beds \| 2 baths \| 880 sq.ft.	$90,000	Airbnb cash on cash: -2.43% Traditional cash on cash: 3.39% Airbnb Rental Income: $1036 Traditional Rental Income: $1187 Airbnb ROI: -2.43% Traditional ROI: 3.39%
1601 Bailey Street Lansing, MI Welcome to this fully upgraded multi-family property, featuring a new rear stairway provid...	3 beds \| 2 baths \| N/A	$140,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 7.2% Airbnb Rental Income: $1036 Traditional Rental Income: $1468 Airbnb ROI: 1.29% Traditional ROI: 7.2%
2200 Rossiter Place Lansing, MI BACK ON THE MARKET - NOT DUE TO THE PROPERTY Beautifully updated tri-level home offering 3...	3 beds \| 2 baths \| 1,761 sq.ft.	$229,900	Airbnb cash on cash: 1.49% Traditional cash on cash: 6.5% Airbnb Rental Income: $1721 Traditional Rental Income: $2336 Airbnb ROI: 1.49% Traditional ROI: 6.5%
320 W Genesee Street Lansing, MI Welcome to 320 W. Genesee St, a rare opportunity to own a piece of Lansing history. Built ...	4 beds \| 2 baths \| 1,380 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.34% Airbnb Rental Income: $null Traditional Rental Income: $2065 Airbnb ROI: N/A Traditional ROI: 8.34%
1127 W Saginaw Street Lansing, MI Beautifully Remodeled Home - Move-In Ready! This stunning home has been completely remodel...	3 beds \| 3 baths \| 1,780 sq.ft.	$229,900	Airbnb cash on cash: 3.07% Traditional cash on cash: 9.27% Airbnb Rental Income: $1721 Traditional Rental Income: $2594 Airbnb ROI: 3.07% Traditional ROI: 9.27%
600 E Cavanaugh Road Lansing, MI Beautifully updated property with flexible zoning-currently residential, with the option f...	1 beds \| 1 baths \| 1,724 sq.ft.	$155,000	Airbnb cash on cash: -2.39% Traditional cash on cash: 8.87% Airbnb Rental Income: $588 Traditional Rental Income: $1969 Airbnb ROI: -2.39% Traditional ROI: 8.87%
4022 Stabler Street Lansing, MI This cute ranch style home in a haft acre lot it seats far away from the road with large f...	2 beds \| 1 baths \| 932 sq.ft.	$119,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 6.34% Airbnb Rental Income: $1036 Traditional Rental Income: $1334 Airbnb ROI: 0.64% Traditional ROI: 6.34%
500 W Jolly Road Lansing, MI Step inside and be surprised by everything this home has to offer. This 3-bedroom ranch de...	3 beds \| 1 baths \| 904 sq.ft.	$155,000	Airbnb cash on cash: 5.27% Traditional cash on cash: 7.32% Airbnb Rental Income: $1721 Traditional Rental Income: $1549 Airbnb ROI: 5.27% Traditional ROI: 7.32%
312 Hume Boulevard Lansing, MI Introducing 312 Hume Blvd! This newly renovated 2 bedroom, 1 bath home is refreshed and mo...	2 beds \| 1 baths \| 713 sq.ft.	$184,900	Airbnb cash on cash: 0.96% Traditional cash on cash: 4.06% Airbnb Rental Income: $1036 Traditional Rental Income: $1218 Airbnb ROI: 0.96% Traditional ROI: 4.06%
3109 Risdale Avenue Lansing, MI Welcome to your dream home! This beautifully remodeled 3-bedroom, 1.5-bath residence blend...	3 beds \| 2 baths \| 1,514 sq.ft.	$164,999	Airbnb cash on cash: 2.45% Traditional cash on cash: 5.31% Airbnb Rental Income: $1721 Traditional Rental Income: $1696 Airbnb ROI: 2.45% Traditional ROI: 5.31%
4400 Chadburne Drive Lansing, MI Located at 4400 Chadburne Dr in Lansing, MI, Property features a new roof and gutters acro...	5 beds \| 2 baths \| N/A	$218,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.02% Airbnb Rental Income: $null Traditional Rental Income: $1645 Airbnb ROI: N/A Traditional ROI: 3.02%
4733 S Pennsylvania Avenue Lansing, MI Excellent investment opportunity in a prime Lansing location! This well-maintained duplex ...	4 beds \| 1 baths \| N/A	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $1691 Airbnb ROI: N/A Traditional ROI: 4.08%
217 N Butler Boulevard Lansing, MI Discover this excellent income-generating property featuring three separate units with sep...	5 beds \| 2 baths \| N/A	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.32% Airbnb Rental Income: $null Traditional Rental Income: $1135 Airbnb ROI: N/A Traditional ROI: 3.32%
413 E Hodge Avenue Lansing, MI New Year...New Home. Immediate occupancy, FRESHLY painted, new carpet, open floor plan, ne...	4 beds \| 1 baths \| 1,477 sq.ft.	$141,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.68% Airbnb Rental Income: $null Traditional Rental Income: $1803 Airbnb ROI: N/A Traditional ROI: 9.68%

Real Estate investment in Lansing, MI

There are 208 properties for sale in the city of Lansing . The median list price in Lansing is $149,910 and the average price per square foot is $107. In August 2026, the average monthly cash on cash return in Lansing is 8.00%. The average monthly rental income in Lansing is $1,789.

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

There are 208 investment properties available for sale in Lansing.

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

The ROI for Long-Term is higher than the Short-Term in Lansing with average rental income of $1,789.

Your search for investment property begins and ends here

Investment Property for Sale in Lansing, MI

533 N Dexter Drive

Lansing, MI

2 beds | 2 baths | 783 sq.ft.

$139,900

Airbnb cash on cash: 1.05%

Traditional cash on cash: 7.03%

Airbnb Rental Income: $1036

Traditional Rental Income: $1476

Airbnb ROI: 1.05%

Traditional ROI: 7.03%

1420 Owen Street

Lansing, MI

3 beds | 2 baths | 999 sq.ft.

$195,000

Airbnb cash on cash: 2.99%

Traditional cash on cash: 5.53%

Airbnb Rental Income: $1721

Traditional Rental Income: $1716

Airbnb ROI: 2.99%

Traditional ROI: 5.53%

2036 Devonshire Avenue

Lansing, MI

3 beds | 1 baths | 1,014 sq.ft.

$189,900

Airbnb cash on cash: 3.41%

Traditional cash on cash: 4.56%

Airbnb Rental Income: $1721

Traditional Rental Income: $1453

Airbnb ROI: 3.41%

Traditional ROI: 4.56%

1420 Reo Road

Lansing, MI

3 beds | 1 baths | 1,039 sq.ft.

$150,000

Airbnb cash on cash: 4.86%

Traditional cash on cash: 7.04%

Airbnb Rental Income: $1721

Traditional Rental Income: $1559

Airbnb ROI: 4.86%

Traditional ROI: 7.04%

500 E Michigan Avenue #411

Lansing, MI

2 beds | 2 baths | 1,251 sq.ft.

$259,000

Airbnb cash on cash: -1.81%

Traditional cash on cash: 3.42%

Airbnb Rental Income: $1036

Traditional Rental Income: $1953

Airbnb ROI: -1.81%

Traditional ROI: 3.42%

1714 Cooper Avenue

Lansing, MI

3 beds | 2 baths | 1,370 sq.ft.

$215,000

Airbnb cash on cash: 2.88%

Traditional cash on cash: 6.48%

Airbnb Rental Income: $1721

Traditional Rental Income: $1979

Airbnb ROI: 2.88%

Traditional ROI: 6.48%

809 W Northrup Street

Lansing, MI

3 beds | 2 baths | 960 sq.ft.

$174,900

Airbnb cash on cash: 5.74%

Traditional cash on cash: 8.7%

Airbnb Rental Income: $1721

Traditional Rental Income: $1738

Airbnb ROI: 5.74%

Traditional ROI: 8.7%

625 Nantucket Drive

Lansing, MI

3 beds | 3 baths | 1,536 sq.ft.

$209,900

Airbnb cash on cash: -0.44%

Traditional cash on cash: 0.89%

Airbnb Rental Income: $1721

Traditional Rental Income: $1509

Airbnb ROI: -0.44%