Real Estate Investment Properties for Sale in Novi, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
24243 Bashian Dr Novi, MI Impeccably updated 3-bed, 1.5-bath townhome within the Novi School District, just steps fr...	3 beds \| 1 baths \| 1,188 sq.ft.	$237,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.39% Airbnb Rental Income: $null Traditional Rental Income: $1829 Airbnb ROI: N/A Traditional ROI: 3.39%
27846 Hopkins Dr Novi, MI INVITING 2-STORY TOWNHOUSE IN THE TOWNES AT LIBERTY PARK OF NOVI! THIS GREAT UNIT FEATURES...	3 beds \| 2 baths \| 1,519 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 4% Airbnb Rental Income: $null Traditional Rental Income: $2592 Airbnb ROI: N/A Traditional ROI: 4%
45000 Bayview Dr #2 Novi, MI Step into refined, low-maintenance living in this beautifully updated ground-level condo f...	2 beds \| 3 baths \| 1,700 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.97% Airbnb Rental Income: $null Traditional Rental Income: $1824 Airbnb ROI: N/A Traditional ROI: 3.97%
22321 Cascade Dr Novi, MI You're going to love this incredible colonial style home nestled in the highly sought afte...	3 beds \| 2 baths \| 2,480 sq.ft.	$518,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.56% Airbnb Rental Income: $null Traditional Rental Income: $2275 Airbnb ROI: N/A Traditional ROI: 2.56%
24404 Simmons Dr Novi, MI Nestled at 24404 Simmons DR, Novi, MI, this single-family residence offers a remarkable op...	3 beds \| 1 baths \| 1,500 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.42% Airbnb Rental Income: $null Traditional Rental Income: $2196 Airbnb ROI: N/A Traditional ROI: 3.42%
22331 Peachtree Novi, MI WONDERFUL CONDO IN THE HEART OF NOVI! NEW ROOF (2016) NEW FURNACE (2016) NEUTRAL FAMILY RO...	2 beds \| 1 baths \| 1,500 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.09% Airbnb Rental Income: $null Traditional Rental Income: $1824 Airbnb ROI: N/A Traditional ROI: 4.09%
22363 Peachtree Novi, MI Sophisticated 2-Bedroom Condo in Prestigious Crosswind West Impeccably updated and move-in...	2 beds \| 2 baths \| 1,600 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.74% Airbnb Rental Income: $null Traditional Rental Income: $2263 Airbnb ROI: N/A Traditional ROI: 5.74%
2416 SHAWOOD Street Novi, MI Great location in Novi for this 82 feet Waterfront colonial home on Shawood lake in the de...	3 beds \| 2 baths \| 1,884 sq.ft.	$445,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $2799 Airbnb ROI: N/A Traditional ROI: 3.57%
42683 Wimbleton Way Novi, MI A beautifully updated colonial nestled in one of Novi's most idyllic neighborhoods, just m...	4 beds \| N/A baths \| 3,500 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.89% Airbnb Rental Income: $null Traditional Rental Income: $3125 Airbnb ROI: N/A Traditional ROI: 2.89%
24825 Reeds Pointe Dr Novi, MI Western lake view on this updated Island lake lakefront condo with 4 bed 3.5 bath, 2,500 s...	4 beds \| 3 baths \| 3,636 sq.ft.	$700,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.83% Airbnb Rental Income: $null Traditional Rental Income: $3475 Airbnb ROI: N/A Traditional ROI: 0.83%
23675 Novi Rd Novi, MI This prime property boasts an exceptional location in Novi, offering an impressive 252 fee...	3 beds \| 1 baths \| 3,108 sq.ft.	$599,999	Airbnb cash on cash: N/A Traditional cash on cash: 1.15% Airbnb Rental Income: $null Traditional Rental Income: $1903 Airbnb ROI: N/A Traditional ROI: 1.15%
22615 Novi Rd Novi, MI Immediate occupancy! New construction in Novi with Northville schools! EAST FACING HOME. T...	4 beds \| 3 baths \| 2,947 sq.ft.	$829,990	Airbnb cash on cash: N/A Traditional cash on cash: 1.3% Airbnb Rental Income: $null Traditional Rental Income: $3123 Airbnb ROI: N/A Traditional ROI: 1.3%
40041 Crosswinds Dr Novi, MI Now is your chance to live in this stylishly decorated 2 bedroom, 1.5 bath condo in desira...	2 beds \| 1 baths \| 1,600 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.03% Airbnb Rental Income: $null Traditional Rental Income: $1890 Airbnb ROI: N/A Traditional ROI: 4.03%
25535 Grandview Ln #30 Novi, MI Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! Discover...	2 beds \| 3 baths \| 2,121 sq.ft.	$480,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.53% Airbnb Rental Income: $null Traditional Rental Income: $3365 Airbnb ROI: N/A Traditional ROI: 5.53%
25495 Grandview Ln #25 Novi, MI Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! Experien...	3 beds \| 3 baths \| 2,121 sq.ft.	$509,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.94% Airbnb Rental Income: $null Traditional Rental Income: $3254 Airbnb ROI: N/A Traditional ROI: 4.94%
25549 Grandview Lane Ln #31 Novi, MI Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! Experien...	3 beds \| 3 baths \| 2,121 sq.ft.	$509,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.48% Airbnb Rental Income: $null Traditional Rental Income: $3511 Airbnb ROI: N/A Traditional ROI: 5.48%
1815 E Lake Dr Novi, MI Welcome to your dream location. Take advantage of this unheard of amount of space (a combi...	2 beds \| 1 baths \| 891 sq.ft.	$950,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.65% Airbnb Rental Income: $null Traditional Rental Income: $1438 Airbnb ROI: N/A Traditional ROI: -0.65%
40827 Lenox Park Dr Novi, MI Highly desired Lenox Park ranch condo! Perfectly positioned as an end unit, offering rare ...	2 beds \| 2 baths \| 1,516 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.34% Airbnb Rental Income: $null Traditional Rental Income: $2181 Airbnb ROI: N/A Traditional ROI: 2.34%
1316 E Lake Dr Novi, MI STUNNING 2014 BUILT CONTEMPORARY LAKEFRONT HOME ON ALL-SPORTS WALLED LAKE! Discover the pe...	4 beds \| 3 baths \| 3,550 sq.ft.	$1,950,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.54% Airbnb Rental Income: $null Traditional Rental Income: $3577 Airbnb ROI: N/A Traditional ROI: 0.54%
24200 Hampton Hill St Novi, MI Nicely updated home in Meadowbrook Glens! This move-in ready home features 4 bedrooms and ...	4 beds \| 2 baths \| 2,408 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.84% Airbnb Rental Income: $null Traditional Rental Income: $2633 Airbnb ROI: N/A Traditional ROI: 3.84%
39527 Village Wood Road Novi, MI Nestled in one of Noviâs most desirable neighborhoods, this beautifully maintained home ...	2 beds \| 1 baths \| 775 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.64% Airbnb Rental Income: $null Traditional Rental Income: $1370 Airbnb ROI: N/A Traditional ROI: 3.64%
22490 Woodbridge Lane Novi, MI Gorgeous West facing 3bed room townhome shows like a model. The Denali floor plan offers y...	3 beds \| 3 baths \| 2,054 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.6% Airbnb Rental Income: $null Traditional Rental Income: $3310 Airbnb ROI: N/A Traditional ROI: 3.6%
44800 Bayview Drive #33 Novi, MI *BOAT SLIP ON ALL SPORTS WALLED LAKE PLUS WALLED LAKE SCHOOLS *This beautiful condo of...	1 beds \| 3 baths \| 981 sq.ft.	$204,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.97% Airbnb Rental Income: $null Traditional Rental Income: $1913 Airbnb ROI: N/A Traditional ROI: 4.97%
23675 Stonehenge Boulevard Novi, MI Have peace of mind with a one year home warranty provided by seller for this beautifully u...	3 beds \| 2 baths \| 1,410 sq.ft.	$255,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.26% Airbnb Rental Income: $null Traditional Rental Income: $1729 Airbnb ROI: N/A Traditional ROI: 4.26%
41594 Mitchell Rd Novi, MI Open house this Saturday 12/13 from 2:30-5:00pm. Come check it out! Welcome to the beaut...	3 beds \| 2 baths \| 1,547 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.96% Airbnb Rental Income: $null Traditional Rental Income: $2565 Airbnb ROI: N/A Traditional ROI: 3.96%
44750 Bayview Dr #37 Novi, MI Discover modern comfort and unbeatable convenience in this beautifully maintained 2-bedroo...	2 beds \| 2 baths \| 1,352 sq.ft.	$186,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.77% Airbnb Rental Income: $null Traditional Rental Income: $2303 Airbnb ROI: N/A Traditional ROI: 8.77%
25534 Grandview Ln #41 Novi, MI Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! Discover ...	2 beds \| 3 baths \| 2,121 sq.ft.	$481,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.68% Airbnb Rental Income: $null Traditional Rental Income: $3405 Airbnb ROI: N/A Traditional ROI: 5.68%
25558 Grandview Ln #38 Novi, MI Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! Experienc...	3 beds \| 3 baths \| 2,121 sq.ft.	$491,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.66% Airbnb Rental Income: $null Traditional Rental Income: $3458 Airbnb ROI: N/A Traditional ROI: 5.66%
22727 Renford Street Novi, MI FULLY REMODELED Ranch (including basement), CLEAN and Turn Key! 5 Total Bedrooms (3 on Fir...	5 beds \| 2 baths \| 1,705 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.48% Airbnb Rental Income: $null Traditional Rental Income: $2403 Airbnb ROI: N/A Traditional ROI: 5.48%
120 Pickford St Novi, MI This home is ready for your vision! Upon entry you'll enter the mudroom with plenty of sp...	3 beds \| 1 baths \| 1,156 sq.ft.	$158,650	Airbnb cash on cash: N/A Traditional cash on cash: 7% Airbnb Rental Income: $null Traditional Rental Income: $1575 Airbnb ROI: N/A Traditional ROI: 7%

Real Estate investment in Novi, MI

There are 94 properties for sale in the city of Novi . The median list price in Novi is $472,950 and the average price per square foot is $225. In February 2026, the average monthly cash on cash return in Novi is 3.00%. The average monthly rental income in Novi is $2,307.

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

There are 94 investment properties available for sale in Novi.

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

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

Your search for investment property begins and ends here

Investment Property for Sale in Novi, MI

24243 Bashian Dr

Novi, MI

3 beds | 1 baths | 1,188 sq.ft.

$237,500

Airbnb cash on cash: N/A

Traditional cash on cash: 3.39%

Airbnb Rental Income: $null

Traditional Rental Income: $1829

Airbnb ROI: N/A

Traditional ROI: 3.39%

27846 Hopkins Dr

Novi, MI

3 beds | 2 baths | 1,519 sq.ft.

$375,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4%

Airbnb Rental Income: $null

Traditional Rental Income: $2592

Airbnb ROI: N/A

Traditional ROI: 4%

45000 Bayview Dr #2

Novi, MI

2 beds | 3 baths | 1,700 sq.ft.

$225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.97%

Airbnb Rental Income: $null

Traditional Rental Income: $1824

Airbnb ROI: N/A

Traditional ROI: 3.97%

22321 Cascade Dr

Novi, MI

3 beds | 2 baths | 2,480 sq.ft.

$518,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.56%

Airbnb Rental Income: $null

Traditional Rental Income: $2275

Airbnb ROI: N/A

Traditional ROI: 2.56%

24404 Simmons Dr

Novi, MI

3 beds | 1 baths | 1,500 sq.ft.

$389,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2196

Airbnb ROI: N/A

Traditional ROI: 3.42%

22331 Peachtree

Novi, MI

2 beds | 1 baths | 1,500 sq.ft.

$225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.09%

Airbnb Rental Income: $null

Traditional Rental Income: $1824

Airbnb ROI: N/A

Traditional ROI: 4.09%

22363 Peachtree

Novi, MI

2 beds | 2 baths | 1,600 sq.ft.

$225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.74%

Airbnb Rental Income: $null

Traditional Rental Income: $2263

Airbnb ROI: N/A

Traditional ROI: 5.74%

2416 SHAWOOD Street

Novi, MI

3 beds | 2 baths | 1,884 sq.ft.

$445,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.57%

Airbnb Rental Income: $null

Traditional Rental Income: $2799

Airbnb ROI: N/A