Real Estate Investment Properties for Sale in Leonard, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4742 Rosy Leonard, MI This beautifully designed all brick ranch offers 4 spacious bedrooms, including a luxuriou...	4 beds \| 3 baths \| 2,600 sq.ft.	$789,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $3161 Airbnb ROI: N/A Traditional ROI: 3.1%
88 E Elmwood Ave Leonard, MI Great opportunity in the Village of Leonardâthis beautifully remodeled three-bedroom col...	3 beds \| 1 baths \| 1,875 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.83% Airbnb Rental Income: $null Traditional Rental Income: $1657 Airbnb ROI: N/A Traditional ROI: 3.83%
2716 Lake George Rd Leonard, MI THIS ESTATE HOME WILL AMAZE YOU!!! Beautifull quality filled 4 Large Bedrooms 4+Bath in a ...	4 beds \| 4 baths \| 5,652 sq.ft.	$1,399,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.31% Airbnb Rental Income: $null Traditional Rental Income: $2936 Airbnb ROI: N/A Traditional ROI: 0.31%
4195 Forest Street Leonard, MI BACK ON MARKET AS OF 11/14/25! BRAND NEW SEPTIC IN 11/2025 & RENOVATED IN 06/2025! Spannin...	4 beds \| 2 baths \| 1,430 sq.ft.	$244,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.93% Airbnb Rental Income: $null Traditional Rental Income: $2198 Airbnb ROI: N/A Traditional ROI: 6.93%
904 Rowland Rd Leonard, MI Accepting Cash or Land Contract only. Welcome to this peaceful and private 4 bedroom and 2...	4 beds \| 2 baths \| 1,524 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.26% Airbnb Rental Income: $null Traditional Rental Income: $1830 Airbnb ROI: N/A Traditional ROI: 9.26%
820 Quatro Ln Leonard, MI DONâT MAKE A MOVE WITHOUT seeing this private 2-acre cul-de-sac home in Leonard within O...	4 beds \| 2 baths \| 2,359 sq.ft.	$545,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $2871 Airbnb ROI: N/A Traditional ROI: 3.74%
3120 Pond Rd Leonard, MI This exceptional lakefront property is more than a house. It is a peaceful retreat surroun...	5 beds \| 3 baths \| 5,039 sq.ft.	$999,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.79% Airbnb Rental Income: $null Traditional Rental Income: $4295 Airbnb ROI: N/A Traditional ROI: 2.79%
4664 Rosy Leonard, MI UNDER CONSTRUCTION...This all brick & stone ranch offers 3 bedrooms, including a spacious ...	3 beds \| 3 baths \| 2,400 sq.ft.	$699,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.59% Airbnb Rental Income: $null Traditional Rental Income: $3126 Airbnb ROI: N/A Traditional ROI: 3.59%
1783 Brewer Road Leonard, MI Now offered at $799,000, this spacious 4-	4 beds \| 3 baths \| 4,164 sq.ft.	$799,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.15% Airbnb Rental Income: $null Traditional Rental Income: $3162 Airbnb ROI: N/A Traditional ROI: 2.15%

Real Estate investment in Leonard, MI

There are 11 properties for sale in the city of Leonard . The median list price in Leonard is $744,900 and the average price per square foot is $265. In January 2026, the average monthly cash on cash return in Leonard is 3.00%. The average monthly rental income in Leonard is $2,667.

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

There are 11 investment properties available for sale in Leonard.

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

The ROI for Short-Term is higher than the Long-Term in Leonard with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Leonard, MI

4742 Rosy

Leonard, MI

4 beds | 3 baths | 2,600 sq.ft.

$789,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.1%

Airbnb Rental Income: $null

Traditional Rental Income: $3161

Airbnb ROI: N/A

Traditional ROI: 3.1%

88 E Elmwood Ave

Leonard, MI

3 beds | 1 baths | 1,875 sq.ft.

$280,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.83%

Airbnb Rental Income: $null

Traditional Rental Income: $1657

Airbnb ROI: N/A

Traditional ROI: 3.83%

2716 Lake George Rd

Leonard, MI

4 beds | 4 baths | 5,652 sq.ft.

$1,399,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.31%

Airbnb Rental Income: $null

Traditional Rental Income: $2936

Airbnb ROI: N/A

Traditional ROI: 0.31%

4195 Forest Street

Leonard, MI

4 beds | 2 baths | 1,430 sq.ft.

$244,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.93%

Airbnb Rental Income: $null

Traditional Rental Income: $2198

Airbnb ROI: N/A

Traditional ROI: 6.93%

904 Rowland Rd

Leonard, MI

4 beds | 2 baths | 1,524 sq.ft.

$160,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.26%

Airbnb Rental Income: $null

Traditional Rental Income: $1830

Airbnb ROI: N/A

Traditional ROI: 9.26%

820 Quatro Ln

Leonard, MI

4 beds | 2 baths | 2,359 sq.ft.

$545,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.74%

Airbnb Rental Income: $null

Traditional Rental Income: $2871

Airbnb ROI: N/A

Traditional ROI: 3.74%

3120 Pond Rd

Leonard, MI

5 beds | 3 baths | 5,039 sq.ft.

$999,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.79%

Airbnb Rental Income: $null

Traditional Rental Income: $4295

Airbnb ROI: N/A

Traditional ROI: 2.79%

4664 Rosy

Leonard, MI

3 beds | 3 baths | 2,400 sq.ft.

$699,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.59%

Airbnb Rental Income: $null

Traditional Rental Income: $3126

Airbnb ROI: N/A