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
24936 Hadlock Drive Novi, MI Welcome to the prestigious Island Lake Orchards community! Nestled on a beautiful half-acr...	4 beds \| 4 baths \| 4,741 sq.ft.	$1,250,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 0.77% Airbnb Rental Income: $2214 Traditional Rental Income: $3682 Airbnb ROI: -0.97% Traditional ROI: 0.77%
44782 Gwinnett Loop Novi, MI Welcome to Novi's Liberty Park community! This beautifully maintained end-unit townhouse o...	2 beds \| 2 baths \| 1,212 sq.ft.	$278,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 3.25% Airbnb Rental Income: $1097 Traditional Rental Income: $1760 Airbnb ROI: -0.7% Traditional ROI: 3.25%
25738 Beck Road Novi, MI Charming, beautifully updated custom brick ranch in the heart of Novi! This clean, move-in...	3 beds \| 2 baths \| 1,578 sq.ft.	$350,000	Airbnb cash on cash: -1.98% Traditional cash on cash: 5.08% Airbnb Rental Income: $490 Traditional Rental Income: $2538 Airbnb ROI: -1.98% Traditional ROI: 5.08%
1284 E Lake Drive Novi, MI SPECTACULAR LAKE-FRONT HOME, IN A PRIME LOCATION DIRECTLY ON DESIRABLE ALL-SPORTS WALLED L...	4 beds \| 5 baths \| 2,700 sq.ft.	$1,599,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 0.87% Airbnb Rental Income: $2214 Traditional Rental Income: $4489 Airbnb ROI: -1.03% Traditional ROI: 0.87%
43107 Emerson Way Novi, MI A transfer forces the sale on this incredibly updated home in Novi's Saratoga Circle Neigh...	4 beds \| 3 baths \| 2,509 sq.ft.	$510,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.01% Airbnb Rental Income: $2214 Traditional Rental Income: $2770 Airbnb ROI: 0.67% Traditional ROI: 3.01%
43181 Emerson Way Novi, MI Beautifully Updated Cape Cod in the Heart of Novi. Ideally located within walking distance...	3 beds \| 3 baths \| 1,880 sq.ft.	$480,000	Airbnb cash on cash: -2.27% Traditional cash on cash: 2.89% Airbnb Rental Income: $490 Traditional Rental Income: $2538 Airbnb ROI: -2.27% Traditional ROI: 2.89%
132 Maudlin Street Novi, MI GREAT LOCATION IN NOVI WITH WALLED LAKE SCHOOLS. NEIGHBORHOOD STREET SHARED DOC ON PRIVATE...	2 beds \| 1 baths \| 840 sq.ft.	$340,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 1.93% Airbnb Rental Income: $1097 Traditional Rental Income: $1319 Airbnb ROI: 0.08% Traditional ROI: 1.93%
43000 12 Oaks Crescent Drive #5022 Novi, MI Perched above it all, this beautifully refreshed 2-bedroom, 2-bath penthouse delivers 2,15...	2 beds \| 2 baths \| 2,200 sq.ft.	$295,000	Airbnb cash on cash: -3.07% Traditional cash on cash: 4.21% Airbnb Rental Income: $1097 Traditional Rental Income: $2749 Airbnb ROI: -3.07% Traditional ROI: 4.21%
24825 REEDS POINTE Drive Novi, MI Western lake view on this updated Island lake lakefront condo with 4 bed 3.5 bath, 2,500 s...	4 beds \| 4 baths \| 2,476 sq.ft.	$700,000	Airbnb cash on cash: -1.96% Traditional cash on cash: 0.83% Airbnb Rental Income: $2214 Traditional Rental Income: $3475 Airbnb ROI: -1.96% Traditional ROI: 0.83%
22615 Novi Road Novi, MI Immediate occupancy! New construction in Novi with Northville schools! EAST FACING HOME. T...	4 beds \| 3 baths \| 2,947 sq.ft.	$814,990	Airbnb cash on cash: -0.47% Traditional cash on cash: 1.46% Airbnb Rental Income: $2214 Traditional Rental Income: $3123 Airbnb ROI: -0.47% Traditional ROI: 1.46%
41625 Steinbeck Glen Novi, MI Stunning remodeled home in the highly sought-after Tollgate Woods community of Novi. This ...	5 beds \| 4 baths \| 3,245 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.05% Airbnb Rental Income: $null Traditional Rental Income: $4108 Airbnb ROI: N/A Traditional ROI: 3.05%
21874 Picadilly Circle Novi, MI Tucked away in the sought-after Chase Farms neighborhood, this meticulously maintained hom...	4 beds \| 4 baths \| 3,588 sq.ft.	$960,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 1.81% Airbnb Rental Income: $2214 Traditional Rental Income: $3823 Airbnb ROI: -0.62% Traditional ROI: 1.81%
26197 Fieldstone Drive Novi, MI Welcome to 26197 Fieldstone Dr, Novi MI, an absolutely stunning, meticulously maintained e...	3 beds \| 4 baths \| 2,383 sq.ft.	$530,000	Airbnb cash on cash: -3.73% Traditional cash on cash: 2.1% Airbnb Rental Income: $490 Traditional Rental Income: $3108 Airbnb ROI: -3.73% Traditional ROI: 2.1%
25495 GRANDVIEW Lane #25 Novi, MI Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! Experienc...	3 beds \| 4 baths \| 2,121 sq.ft.	$509,500	Airbnb cash on cash: -1.43% Traditional cash on cash: 4.94% Airbnb Rental Income: $490 Traditional Rental Income: $3254 Airbnb ROI: -1.43% Traditional ROI: 4.94%
25549 Grandview Lane #31 Novi, MI Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! Experienc...	3 beds \| 4 baths \| 2,121 sq.ft.	$509,500	Airbnb cash on cash: -1.43% Traditional cash on cash: 5.48% Airbnb Rental Income: $490 Traditional Rental Income: $3511 Airbnb ROI: -1.43% Traditional ROI: 5.48%
1815 E Lake Drive Novi, MI Direct all inquiries to Steve (co-lister). Welcome to your dream location. Take advantage ...	2 beds \| 1 baths \| 891 sq.ft.	$955,000	Airbnb cash on cash: -1.45% Traditional cash on cash: -0.65% Airbnb Rental Income: $1097 Traditional Rental Income: $1438 Airbnb ROI: -1.45% Traditional ROI: -0.65%
24264 Bashian Drive Novi, MI Clean and Updated 2-Bed, 2.5-Bath Condo This well-kept 2-bedroom, 2.5-bath condo is move-i...	2 beds \| 3 baths \| 1,276 sq.ft.	$255,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 4.53% Airbnb Rental Income: $1097 Traditional Rental Income: $2085 Airbnb ROI: -1.12% Traditional ROI: 4.53%
24943 Glenda Street Novi, MI Lovely Novi Ranch on 2/3 acres lot. The many upgrades and improvements include a newer kit...	3 beds \| 2 baths \| 1,567 sq.ft.	$420,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 3.48% Airbnb Rental Income: $490 Traditional Rental Income: $2231 Airbnb ROI: -1.63% Traditional ROI: 3.48%
24200 Hampton Hill Street 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: 1.38% Traditional cash on cash: 3.84% Airbnb Rental Income: $2214 Traditional Rental Income: $2633 Airbnb ROI: 1.38% Traditional ROI: 3.84%
44750 Bayview Drive #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: -0.15% Traditional cash on cash: 8.77% Airbnb Rental Income: $1097 Traditional Rental Income: $2303 Airbnb ROI: -0.15% Traditional ROI: 8.77%
25534 Grandview Lane #41 Novi, MI Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! Discover ...	2 beds \| 4 baths \| 2,121 sq.ft.	$481,500	Airbnb cash on cash: -0.27% Traditional cash on cash: 5.68% Airbnb Rental Income: $1097 Traditional Rental Income: $3405 Airbnb ROI: -0.27% Traditional ROI: 5.68%
25558 Grandview Lane #38 Novi, MI Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! Immediate...	3 beds \| 4 baths \| 2,121 sq.ft.	$504,500	Airbnb cash on cash: -1.37% Traditional cash on cash: 5.49% Airbnb Rental Income: $490 Traditional Rental Income: $3458 Airbnb ROI: -1.37% Traditional ROI: 5.49%
120 Pickford Street Novi, MI This home is ready for your vision! Upon entry you'll enter the mudroom with plenty of spa...	3 beds \| 1 baths \| 1,156 sq.ft.	$150,700	Airbnb cash on cash: -1.56% Traditional cash on cash: 7.84% Airbnb Rental Income: $490 Traditional Rental Income: $1575 Airbnb ROI: -1.56% Traditional ROI: 7.84%
43071 Atwood Avenue Novi, MI Come explore this brand new 4 bedroom, 3 and a half bath condo located in Novi. The entry ...	4 beds \| 4 baths \| 2,200 sq.ft.	$515,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 5.06% Airbnb Rental Income: $2214 Traditional Rental Income: $3387 Airbnb ROI: 1.46% Traditional ROI: 5.06%
49645 Hartwick Drive Novi, MI IMMACULATE & MOVE-IN READY! Skip the wait for new construction and step into this pristine...	4 beds \| 3 baths \| 3,378 sq.ft.	$774,900	Airbnb cash on cash: -0.31% Traditional cash on cash: 1.58% Airbnb Rental Income: $2214 Traditional Rental Income: $3017 Airbnb ROI: -0.31% Traditional ROI: 1.58%
26800 Napier Rd Novi, MI 26800 Napier Rd, Novi, MI 48374 \| Other	N/A beds \| N/A baths \| N/A	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.6% Airbnb Rental Income: $null Traditional Rental Income: $626 Airbnb ROI: N/A Traditional ROI: -0.6%
26900 Napier Road Novi, MI The BENEFIT of this New Construction home, see expanded comments for more details... The B...	4 beds \| 3 baths \| 2,461 sq.ft.	$950,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 2.21% Airbnb Rental Income: $2214 Traditional Rental Income: $3096 Airbnb ROI: 0.58% Traditional ROI: 2.21%
44420 Wright Way Novi, MI Welcome home to this 3 bedroom 2.5 bath home in Cedarsping Estates of Novi. This home feat...	3 beds \| 3 baths \| 2,324 sq.ft.	$489,000	Airbnb cash on cash: -2.33% Traditional cash on cash: 3.14% Airbnb Rental Income: $490 Traditional Rental Income: $2719 Airbnb ROI: -2.33% Traditional ROI: 3.14%
43722 Bolingbrooke Lane Novi, MI Novi Schools & Newer construction home in Novi offering the benefits of a new build withou...	4 beds \| 3 baths \| 2,833 sq.ft.	$930,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 1.12% Airbnb Rental Income: $2214 Traditional Rental Income: $3137 Airbnb ROI: -0.59% Traditional ROI: 1.12%
28469 Carlton Way Drive Novi, MI Price to Sell!!! Spacious 2 bedroom upper level-end unit condo featuring large living room...	2 beds \| 2 baths \| 1,488 sq.ft.	$305,000	Airbnb cash on cash: -1.72% Traditional cash on cash: 2.91% Airbnb Rental Income: $1097 Traditional Rental Income: $2052 Airbnb ROI: -1.72% Traditional ROI: 2.91%
41582 Hamlet Lane #68 Novi, MI Welcome to this rare upper-level, beautifully maintained 2-bedroom, 2-bathroom condo locat...	2 beds \| 2 baths \| 1,272 sq.ft.	$278,000	Airbnb cash on cash: -2.08% Traditional cash on cash: 2.4% Airbnb Rental Income: $1097 Traditional Rental Income: $1899 Airbnb ROI: -2.08% Traditional ROI: 2.4%
24840 E Taft Road Novi, MI Charming BRICK RANCH on Park-Like Lot in Novi. Well-maintained home built in 1957 set on a...	3 beds \| 2 baths \| 1,766 sq.ft.	$395,000	Airbnb cash on cash: -1.6% Traditional cash on cash: 4.02% Airbnb Rental Income: $490 Traditional Rental Income: $2301 Airbnb ROI: -1.6% Traditional ROI: 4.02%
29750 Martell Court Novi, MI H&B due 3/30 12pm. Stunning 5-bedrm, 4.5-bath home offering 3,249 sq ft, built in 2006, re...	5 beds \| 5 baths \| 3,249 sq.ft.	$779,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.73% Airbnb Rental Income: $null Traditional Rental Income: $5010 Airbnb ROI: N/A Traditional ROI: 4.73%
26459 Fieldstone Drive #30 Novi, MI This gorgeous unit was once an Island lake of Novi model home. Enjoy this newly painted un...	3 beds \| 3 baths \| 2,332 sq.ft.	$500,000	Airbnb cash on cash: -2.52% Traditional cash on cash: 3.09% Airbnb Rental Income: $490 Traditional Rental Income: $2840 Airbnb ROI: -2.52% Traditional ROI: 3.09%

Real Estate investment in Novi, MI

There are 70 properties for sale in the city of Novi . The median list price in Novi is $500,000 and the average price per square foot is $211. In May 2026, the average monthly cash on cash return in Novi is 3.00%. The average monthly rental income in Novi is $2,729.

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

There are 70 investment properties available for sale in Novi.

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

The ROI for Long-Term is higher than the Short-Term in Novi with average rental income of $2,729.

Your search for investment property begins and ends here

Investment Property for Sale in Novi, MI

24936 Hadlock Drive

Novi, MI

4 beds | 4 baths | 4,741 sq.ft.

$1,250,000

Airbnb cash on cash: -0.97%

Traditional cash on cash: 0.77%

Airbnb Rental Income: $2214

Traditional Rental Income: $3682

Airbnb ROI: -0.97%

Traditional ROI: 0.77%

44782 Gwinnett Loop

Novi, MI

2 beds | 2 baths | 1,212 sq.ft.

$278,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $1097

Traditional Rental Income: $1760

Airbnb ROI: -0.7%

Traditional ROI: 3.25%

25738 Beck Road

Novi, MI

3 beds | 2 baths | 1,578 sq.ft.

$350,000

Airbnb cash on cash: -1.98%

Traditional cash on cash: 5.08%

Airbnb Rental Income: $490

Traditional Rental Income: $2538

Airbnb ROI: -1.98%

Traditional ROI: 5.08%

1284 E Lake Drive

Novi, MI

4 beds | 5 baths | 2,700 sq.ft.

$1,599,000

Airbnb cash on cash: -1.03%

Traditional cash on cash: 0.87%

Airbnb Rental Income: $2214

Traditional Rental Income: $4489

Airbnb ROI: -1.03%

Traditional ROI: 0.87%

43107 Emerson Way

Novi, MI

4 beds | 3 baths | 2,509 sq.ft.

$510,000

Airbnb cash on cash: 0.67%

Traditional cash on cash: 3.01%

Airbnb Rental Income: $2214

Traditional Rental Income: $2770

Airbnb ROI: 0.67%

Traditional ROI: 3.01%

43181 Emerson Way

Novi, MI

3 beds | 3 baths | 1,880 sq.ft.

$480,000

Airbnb cash on cash: -2.27%

Traditional cash on cash: 2.89%

Airbnb Rental Income: $490

Traditional Rental Income: $2538

Airbnb ROI: -2.27%

Traditional ROI: 2.89%

132 Maudlin Street

Novi, MI

2 beds | 1 baths | 840 sq.ft.

$340,000

Airbnb cash on cash: 0.08%

Traditional cash on cash: 1.93%

Airbnb Rental Income: $1097

Traditional Rental Income: $1319

Airbnb ROI: 0.08%

Traditional ROI: 1.93%

43000 12 Oaks Crescent Drive #5022

Novi, MI

2 beds | 2 baths | 2,200 sq.ft.

$295,000

Airbnb cash on cash: -3.07%

Traditional cash on cash: 4.21%

Airbnb Rental Income: $1097

Traditional Rental Income: $2749

Airbnb ROI: -3.07%