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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
21750 Chase Drive Novi, MI Great opportunity to move before school begins. A private backyard in the highly sought-af...	4 beds \| N/A baths \| 3,387 sq.ft.	$839,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.38% Airbnb Rental Income: $null Traditional Rental Income: $3682 Airbnb ROI: N/A Traditional ROI: 2.38%
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.	$244,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.31% Airbnb Rental Income: $null Traditional Rental Income: $1829 Airbnb ROI: N/A Traditional ROI: 3.31%
40610 Rock Hill Street Novi, MI Welcome to 40610 Rock Hill! Move in Ready three-bedroom brick sprawling ranch home in Novi...	3 beds \| 2 baths \| 1,550 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $2271 Airbnb ROI: N/A Traditional ROI: 3.93%
24404 Simmons Drive Novi, MI Great area of Novi, 10 Mile and Taft! Large corner lot! Beautiful laminate wood flooring o...	3 beds \| N/A baths \| 1,496 sq.ft.	$419,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.15% Airbnb Rental Income: $null Traditional Rental Income: $2196 Airbnb ROI: N/A Traditional ROI: 3.15%
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.	$370,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 4.02% Airbnb Rental Income: $1827 Traditional Rental Income: $2623 Airbnb ROI: 0.3% Traditional ROI: 4.02%
22363 Peachtree Novi, MI Sophisticated 2-Bedroom Condo in Prestigious Crosswind West Impeccably updated and move-in...	2 beds \| N/A baths \| 1,600 sq.ft.	$225,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 5.74% Airbnb Rental Income: $1827 Traditional Rental Income: $2263 Airbnb ROI: 1.38% Traditional ROI: 5.74%
47266 White Pines Drive Novi, MI MARKET ADJUSTMENT! NOW PRESENTING THIS ELEGANT TERRACOTTA-BRICK COLONIAL that offers a RA...	5 beds \| 5 baths \| 3,848 sq.ft.	$999,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.26% Airbnb Rental Income: $null Traditional Rental Income: $5104 Airbnb ROI: N/A Traditional ROI: 3.26%
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%
25842 Sierra Drive Novi, MI Welcome to 25842 Sierra Dr, west facing 4 bedroom colonial in highly sought out Pioneer Me...	4 beds \| 2 baths \| 2,578 sq.ft.	$485,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.44% Airbnb Rental Income: $null Traditional Rental Income: $2675 Airbnb ROI: N/A Traditional ROI: 3.44%
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.	$469,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.67% Airbnb Rental Income: $null Traditional Rental Income: $2833 Airbnb ROI: N/A Traditional ROI: 3.67%
43100 12 Oaks Crescent Drive #5011 Novi, MI Enjoy peaceful living with gorgeous forest and sunset views in this well-kept 5th floor co...	2 beds \| 2 baths \| 2,091 sq.ft.	$281,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 3.78% Airbnb Rental Income: $1827 Traditional Rental Income: $2449 Airbnb ROI: -0.43% Traditional ROI: 3.78%
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: 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 Road Novi, MI Fall move in, almost ready! New construction in Novi! Northville schools! This popular Aus...	4 beds \| 3 baths \| 2,947 sq.ft.	$874,990	Airbnb cash on cash: N/A Traditional cash on cash: 1.19% Airbnb Rental Income: $null Traditional Rental Income: $3123 Airbnb ROI: N/A Traditional ROI: 1.19%
25535 GRANDVIEW Lane #30 Novi, MI Summer & Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! ...	2 beds \| 4 baths \| 2,121 sq.ft.	$480,900	Airbnb cash on cash: 1.02% Traditional cash on cash: 5.53% Airbnb Rental Income: $1827 Traditional Rental Income: $3365 Airbnb ROI: 1.02% Traditional ROI: 5.53%
25495 GRANDVIEW Lane #25 Novi, MI Summer & Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! ...	3 beds \| 4 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%
306 Eubank Street Novi, MI The BENEFIT of this property... amazing details follow... The BENEFIT of this NOVI listing...	2 beds \| 1 baths \| 600 sq.ft.	$384,500	Airbnb cash on cash: 1.87% Traditional cash on cash: 1.74% Airbnb Rental Income: $1827 Traditional Rental Income: $1288 Airbnb ROI: 1.87% Traditional ROI: 1.74%
25549 Grandview Lane #31 Novi, MI Summer & Fall Builder Special: Receive a $5,000 Incentive Toward Your New Condo Purchase! ...	3 beds \| 4 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 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: -0.77% Traditional cash on cash: -0.65% Airbnb Rental Income: $1827 Traditional Rental Income: $1438 Airbnb ROI: -0.77% Traditional ROI: -0.65%
49648 Timber Trail Novi, MI Priced to sell! Attractive Condo in Sought-After Island Lake of Novi Community! This condo...	3 beds \| 3 baths \| 2,476 sq.ft.	$570,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.41% Airbnb Rental Income: $null Traditional Rental Income: $3327 Airbnb ROI: N/A Traditional ROI: 2.41%
43629 Prospect 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.	$509,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $3284 Airbnb ROI: N/A Traditional ROI: 3.1%
27455 Harrington Way Novi, MI Daylight Finished Basement! Corner Lot! Double-story foyer! Soaring great room! Check out ...	4 beds \| 4 baths \| 2,549 sq.ft.	$540,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.82% Airbnb Rental Income: $null Traditional Rental Income: $3319 Airbnb ROI: N/A Traditional ROI: 3.82%
51207 BROMPTON Novi, MI Stunning 4-Bedroom Colonial in Noviâs Sought-After Knightsbridge Gate Community! Welcome...	4 beds \| 3 baths \| 2,265 sq.ft.	$498,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.44% Airbnb Rental Income: $null Traditional Rental Income: $2994 Airbnb ROI: N/A Traditional ROI: 3.44%
24745 Sutherland Drive Novi, MI Welcome to 24745 Sutherland Drive , a beautifully maintained, move-in ready home nestled i...	4 beds \| 3 baths \| 2,537 sq.ft.	$585,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.31% Airbnb Rental Income: $null Traditional Rental Income: $3016 Airbnb ROI: N/A Traditional ROI: 3.31%
45167 9 Mile Road Novi, MI Welcome to this open floor plan ranch home in the highly sought-after Northville School Di...	3 beds \| 3 baths \| 2,586 sq.ft.	$624,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.68% Airbnb Rental Income: $null Traditional Rental Income: $2881 Airbnb ROI: N/A Traditional ROI: 2.68%
40827 Lenox Park Drive Novi, MI WOW... Hard to Find, 1 Story, Ranch Condominium in Desirable Lenox Park* Great End Unit Lo...	2 beds \| 2 baths \| 1,516 sq.ft.	$425,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 2.15% Airbnb Rental Income: $1827 Traditional Rental Income: $2181 Airbnb ROI: 0.02% Traditional ROI: 2.15%
50666 W 9 Mile Road Novi, MI This property has the potential to be split into 3 lots Welcome to quiet county livi...	3 beds \| 2 baths \| 1,958 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.99% Airbnb Rental Income: $null Traditional Rental Income: $2522 Airbnb ROI: N/A Traditional ROI: 2.99%
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: N/A Traditional cash on cash: 4.29% Airbnb Rental Income: $null Traditional Rental Income: $2507 Airbnb ROI: N/A Traditional ROI: 4.29%

Real Estate investment in Novi, MI

There are 80 properties for sale in the city of Novi . The median list price in Novi is $485,000 and the average price per square foot is $225. In October 2025, the average monthly cash on cash return in Novi is 3.00%. The average monthly rental income in Novi is $2,872.

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

There are 80 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 $2,872.

Your search for investment property begins and ends here

Investment Property for Sale in Novi, MI

21750 Chase Drive

Novi, MI

4 beds | N/A baths | 3,387 sq.ft.

$839,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.38%

Airbnb Rental Income: $null

Traditional Rental Income: $3682

Airbnb ROI: N/A

Traditional ROI: 2.38%

24243 Bashian Drive

Novi, MI

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

$244,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.31%

Airbnb Rental Income: $null

Traditional Rental Income: $1829

Airbnb ROI: N/A

Traditional ROI: 3.31%

40610 Rock Hill Street

Novi, MI

3 beds | 2 baths | 1,550 sq.ft.

$375,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.93%

Airbnb Rental Income: $null

Traditional Rental Income: $2271

Airbnb ROI: N/A

Traditional ROI: 3.93%

24404 Simmons Drive

Novi, MI

3 beds | N/A baths | 1,496 sq.ft.

$419,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.15%

Airbnb Rental Income: $null

Traditional Rental Income: $2196

Airbnb ROI: N/A

Traditional ROI: 3.15%

28024 Hopkins Drive

Novi, MI

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

$370,000

Airbnb cash on cash: 0.3%

Traditional cash on cash: 4.02%

Airbnb Rental Income: $1827

Traditional Rental Income: $2623

Airbnb ROI: 0.3%

Traditional ROI: 4.02%

22363 Peachtree

Novi, MI

2 beds | N/A baths | 1,600 sq.ft.

$225,000

Airbnb cash on cash: 1.38%

Traditional cash on cash: 5.74%

Airbnb Rental Income: $1827

Traditional Rental Income: $2263

Airbnb ROI: 1.38%

Traditional ROI: 5.74%

47266 White Pines Drive

Novi, MI

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

$999,999

Airbnb cash on cash: N/A

Traditional cash on cash: 3.26%

Airbnb Rental Income: $null

Traditional Rental Income: $5104

Airbnb ROI: N/A

Traditional ROI: 3.26%

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