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 Drive Novi, MI Impeccably updated 3-bed, 1.5-bath townhome within the Novi School District, just steps fr...	3 beds \| 2 baths \| 1,188 sq.ft.	$239,900	Airbnb cash on cash: -0.69% Traditional cash on cash: 3.39% Airbnb Rental Income: $1311 Traditional Rental Income: $1829 Airbnb ROI: -0.69% Traditional ROI: 3.39%
24404 Simmons Drive Novi, MI Great area of Novi, 10 Mile and Taft! Large corner lot! Beautiful laminate wood flooring o...	3 beds \| 2 baths \| 1,496 sq.ft.	$394,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 3.4% Airbnb Rental Income: $1311 Traditional Rental Income: $2196 Airbnb ROI: -0.09% Traditional ROI: 3.4%
25797 Arcadia Drive Novi, MI Turn-key Walden Woods colonial on a premium wooded lot, bordered by trees on two sides for...	3 beds \| 3 baths \| 2,790 sq.ft.	$697,000	Airbnb cash on cash: -1.19% Traditional cash on cash: 2.28% Airbnb Rental Income: $1311 Traditional Rental Income: $3159 Airbnb ROI: -1.19% Traditional ROI: 2.28%
28024 Hopkins Drive Novi, MI This is truly a ready-to-move in Townhome with access to most major freeways. Restaurants ...	2 beds \| 3 baths \| 1,518 sq.ft.	$365,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 4.08% Airbnb Rental Income: $1227 Traditional Rental Income: $2623 Airbnb ROI: -1.14% Traditional ROI: 4.08%
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: -0.97% Traditional cash on cash: 5.74% Airbnb Rental Income: $1227 Traditional Rental Income: $2263 Airbnb ROI: -0.97% Traditional ROI: 5.74%
47266 White Pines Drive Novi, MI HOME JUST IN TIME FOR THE HOLIDAYS IN THIS ELEGANT TERRACOTTA-BRICK COLONIAL that offers a...	5 beds \| 5 baths \| 3,848 sq.ft.	$965,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.41% Airbnb Rental Income: $null Traditional Rental Income: $5104 Airbnb ROI: N/A Traditional ROI: 3.41%
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.	$465,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 3.38% Airbnb Rental Income: $1311 Traditional Rental Income: $2799 Airbnb ROI: -0.98% Traditional ROI: 3.38%
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%
41829 STEINBECK Novi, MI Welcome to this beautiful brick colonial, fully renovated in 2024 and located in the Walle...	4 beds \| 3 baths \| 3,456 sq.ft.	$685,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.44% Airbnb Rental Income: $null Traditional Rental Income: $3303 Airbnb ROI: N/A Traditional ROI: 2.44%
25731 Abbey Drive Novi, MI Immaculate and Gorgeous Two-Story Home with Finished Basement on 1 Acre in Novi Beautifull...	5 beds \| 4 baths \| 2,613 sq.ft.	$699,999	Airbnb cash on cash: N/A Traditional cash on cash: 2.51% Airbnb Rental Income: $null Traditional Rental Income: $3319 Airbnb ROI: N/A Traditional ROI: 2.51%
51224 Luke Lane Novi, MI Welcome to your stunning 3-bedroom, 3-bath luxury home on Luke Lane! Step inside through t...	3 beds \| 3 baths \| 1,903 sq.ft.	$449,950	Airbnb cash on cash: -0.7% Traditional cash on cash: 3.88% Airbnb Rental Income: $1311 Traditional Rental Income: $2833 Airbnb ROI: -0.7% Traditional ROI: 3.88%
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: 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 Road 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: -0.63% Traditional cash on cash: 1.15% Airbnb Rental Income: $1311 Traditional Rental Income: $1903 Airbnb ROI: -0.63% Traditional ROI: 1.15%
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.	$864,990	Airbnb cash on cash: N/A Traditional cash on cash: 1.23% Airbnb Rental Income: $null Traditional Rental Income: $3123 Airbnb ROI: N/A Traditional ROI: 1.23%
22511 DEERFIELD Road Novi, MI This beautifully updated 3-bedroom, 3-bathroom ranch home offers 1,440 sq ft of modern liv...	3 beds \| 3 baths \| 1,440 sq.ft.	$474,900	Airbnb cash on cash: -0.42% Traditional cash on cash: 3.08% Airbnb Rental Income: $1311 Traditional Rental Income: $2460 Airbnb ROI: -0.42% Traditional ROI: 3.08%
40041 CROSSWINDS Novi, MI Now is your chance to live in this stylishly decorated 2 bedroom, 1.5 bath condo in desira...	2 beds \| 2 baths \| 1,100 sq.ft.	$235,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 3.92% Airbnb Rental Income: $1227 Traditional Rental Income: $1890 Airbnb ROI: -0.83% Traditional ROI: 3.92%
25535 GRANDVIEW Lane #30 Novi, MI Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! Discover...	2 beds \| 4 baths \| 2,121 sq.ft.	$480,900	Airbnb cash on cash: -0.1% Traditional cash on cash: 5.53% Airbnb Rental Income: $1227 Traditional Rental Income: $3365 Airbnb ROI: -0.1% Traditional ROI: 5.53%
24252 Bashian Drive #13 Novi, MI RARE NOVI RANCH CONDO, FULL BASEMENT, Nobody above you and Nobody below you, End unit, a r...	2 beds \| 2 baths \| 1,025 sq.ft.	$215,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 3.78% Airbnb Rental Income: $1227 Traditional Rental Income: $1734 Airbnb ROI: -0.64% Traditional ROI: 3.78%
25549 Grandview Lane #31 Novi, MI Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! Experien...	3 beds \| 4 baths \| 2,121 sq.ft.	$509,500	Airbnb cash on cash: 0% Traditional cash on cash: 5.48% Airbnb Rental Income: $1311 Traditional Rental Income: $3511 Airbnb ROI: 0% Traditional ROI: 5.48%
1815 E Lake Drive 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: -1.33% Traditional cash on cash: -0.65% Airbnb Rental Income: $1227 Traditional Rental Income: $1438 Airbnb ROI: -1.33% Traditional ROI: -0.65%
43629 Prospect #102 Novi, MI Gorgeous North-East facing townhome in EMERSON PARK is a must-see. SHOWS LIKE A MODEL!! I...	3 beds \| 3 baths \| 1,993 sq.ft.	$499,900	Airbnb cash on cash: -1.91% Traditional cash on cash: 3.19% Airbnb Rental Income: $1311 Traditional Rental Income: $3284 Airbnb ROI: -1.91% Traditional ROI: 3.19%
20809 W Glen Haven Circle Novi, MI Novi Condominium with Novi Schools that's a Feature Filled End Unit with 3 Bedrooms, 2 ful...	3 beds \| 4 baths \| 1,522 sq.ft.	$320,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 4.29% Airbnb Rental Income: $1311 Traditional Rental Income: $2507 Airbnb ROI: -1.04% Traditional ROI: 4.29%
44891 Huntingcross Drive Novi, MI A Well Maintain House is Tucked Deep in The Popular Dunbarton Pines Subdivision. Most of...	4 beds \| 3 baths \| 2,084 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $2874 Airbnb ROI: N/A Traditional ROI: 3.76%
1316 E Lake Drive Novi, MI STUNNING 2014 BUILT CONTEMPORARY LAKEFRONT HOME ON ALL-SPORTS WALLED LAKE! Discover the pe...	4 beds \| 4 baths \| 2,400 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%
43050 12 Oaks Crescent Drive #2066 Novi, MI Stylish, Spacious, and Move-In Ready - Welcome to The Enclave at The Shores! Step into eff...	2 beds \| 2 baths \| 2,091 sq.ft.	$269,900	Airbnb cash on cash: -2.57% Traditional cash on cash: 3.49% Airbnb Rental Income: $1227 Traditional Rental Income: $2376 Airbnb ROI: -2.57% Traditional ROI: 3.49%
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.	$429,900	Airbnb cash on cash: 0.08% Traditional cash on cash: 3.38% Airbnb Rental Income: $1311 Traditional Rental Income: $2231 Airbnb ROI: 0.08% Traditional ROI: 3.38%
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.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $2633 Airbnb ROI: N/A Traditional ROI: 3.57%
30831 Palmer Drive Novi, MI Carefree living in spacious condo with best location in the complex. This detached ranch-s...	3 beds \| N/A baths \| 3,044 sq.ft.	$384,900	Airbnb cash on cash: -1.32% Traditional cash on cash: 5.01% Airbnb Rental Income: $1311 Traditional Rental Income: $3189 Airbnb ROI: -1.32% Traditional ROI: 5.01%
21053 E Glen Haven Circle Novi, MI This stately and elegant Condo is well located within this beautiful development. A newer ...	3 beds \| 2 baths \| 2,253 sq.ft.	$320,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 4.59% Airbnb Rental Income: $1311 Traditional Rental Income: $1963 Airbnb ROI: 1.07% Traditional ROI: 4.59%
25782 Island Lake Drive #43 Novi, MI Enjoy Island Lake from every level of this stunning home! Designed for both entertaining a...	3 beds \| 5 baths \| 2,802 sq.ft.	$815,000	Airbnb cash on cash: -2.36% Traditional cash on cash: 3.26% Airbnb Rental Income: $1311 Traditional Rental Income: $5170 Airbnb ROI: -2.36% Traditional ROI: 3.26%
28280 Carlton Way Drive Novi, MI This Raised Ranch features an open floor plan, a kitchen with plenty of cabinets, a granit...	2 beds \| 2 baths \| 1,504 sq.ft.	$300,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 3.6% Airbnb Rental Income: $1227 Traditional Rental Income: $2172 Airbnb ROI: -1.14% Traditional ROI: 3.6%

Real Estate investment in Novi, MI

There are 67 properties for sale in the city of Novi . The median list price in Novi is $394,900 and the average price per square foot is $205. In December 2025, the average monthly cash on cash return in Novi is 4.00%. The average monthly rental income in Novi is $2,484.

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

There are 67 investment properties available for sale in Novi.

In 2025, 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 $2,484.

Your search for investment property begins and ends here

Investment Property for Sale in Novi, MI

24243 Bashian Drive

Novi, MI

3 beds | 2 baths | 1,188 sq.ft.

$239,900

Airbnb cash on cash: -0.69%

Traditional cash on cash: 3.39%

Airbnb Rental Income: $1311

Traditional Rental Income: $1829

Airbnb ROI: -0.69%

Traditional ROI: 3.39%

24404 Simmons Drive

Novi, MI

3 beds | 2 baths | 1,496 sq.ft.

$394,900

Airbnb cash on cash: -0.09%

Traditional cash on cash: 3.4%

Airbnb Rental Income: $1311

Traditional Rental Income: $2196

Airbnb ROI: -0.09%

Traditional ROI: 3.4%

25797 Arcadia Drive

Novi, MI

3 beds | 3 baths | 2,790 sq.ft.

$697,000

Airbnb cash on cash: -1.19%

Traditional cash on cash: 2.28%

Airbnb Rental Income: $1311

Traditional Rental Income: $3159

Airbnb ROI: -1.19%

Traditional ROI: 2.28%

28024 Hopkins Drive

Novi, MI

2 beds | 3 baths | 1,518 sq.ft.

$365,000

Airbnb cash on cash: -1.14%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $1227

Traditional Rental Income: $2623

Airbnb ROI: -1.14%

Traditional ROI: 4.08%

22363 Peachtree

Novi, MI

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

$225,000

Airbnb cash on cash: -0.97%

Traditional cash on cash: 5.74%

Airbnb Rental Income: $1227

Traditional Rental Income: $2263

Airbnb ROI: -0.97%

Traditional ROI: 5.74%

47266 White Pines Drive

Novi, MI

5 beds | 5 baths | 3,848 sq.ft.

$965,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.41%

Airbnb Rental Income: $null

Traditional Rental Income: $5104

Airbnb ROI: N/A

Traditional ROI: 3.41%

2416 SHAWOOD Street

Novi, MI

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

$465,000

Airbnb cash on cash: -0.98%

Traditional cash on cash: 3.38%

Airbnb Rental Income: $1311

Traditional Rental Income: $2799

Airbnb ROI: -0.98%

Traditional ROI: 3.38%

42683 Wimbleton Way

Novi, MI

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