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-a...	4 beds \| 4 baths \| 3,387 sq.ft.	$862,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.29% Airbnb Rental Income: $null Traditional Rental Income: $3682 Airbnb ROI: N/A Traditional ROI: 2.29%
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.	$249,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 3.23% Airbnb Rental Income: $1628 Traditional Rental Income: $1829 Airbnb ROI: 0.42% Traditional ROI: 3.23%
24404 Simmons Drive Novi, MI OPEN HOUSE- SUNDAY, JULY 27, 1-3!Great area of Novi, 10 Mile and Taft! Large corner lot! B...	3 beds \| 2 baths \| 1,496 sq.ft.	$429,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 3.06% Airbnb Rental Income: $1628 Traditional Rental Income: $2196 Airbnb ROI: 0.5% Traditional ROI: 3.06%
27460 Belgrave Place Novi, MI This beautiful Knightsbridge Gate home showcases a custom floor plan with 4 bedrooms, 2 fu...	4 beds \| 4 baths \| 2,714 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.06% Airbnb Rental Income: $null Traditional Rental Income: $3437 Airbnb ROI: N/A Traditional ROI: 4.06%
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: 1.64% Traditional cash on cash: 5.74% Airbnb Rental Income: $1894 Traditional Rental Income: $2263 Airbnb ROI: 1.64% Traditional ROI: 5.74%
42683 Wimbleton Way Novi, MI A beautifully updated colonial nestled in one of Novi's most idyllic neighborhoods, just m...	4 beds \| 3 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.	$489,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.41% Airbnb Rental Income: $null Traditional Rental Income: $2675 Airbnb ROI: N/A Traditional ROI: 3.41%
42787 Cardinal Way Novi, MI Nestled in Noviâs prestigious Ridgeview community, this end unit luxury villa has an ope...	3 beds \| 3 baths \| 2,608 sq.ft.	$659,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 2.1% Airbnb Rental Income: $1628 Traditional Rental Income: $3465 Airbnb ROI: -1.63% Traditional ROI: 2.1%
39813 Village Wood Lane Novi, MI GORGEOUS OPEN LAYOUT You won't find another condo like this. Fully remodeled in 2022 - t...	2 beds \| 1 baths \| 775 sq.ft.	$189,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 2.17% Airbnb Rental Income: $1894 Traditional Rental Income: $1302 Airbnb ROI: 2.66% Traditional ROI: 2.17%
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.	$760,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.1% Airbnb Rental Income: $null Traditional Rental Income: $3303 Airbnb ROI: N/A Traditional ROI: 2.1%
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.	$269,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 3.99% Airbnb Rental Income: $1894 Traditional Rental Income: $2449 Airbnb ROI: -0.19% Traditional ROI: 3.99%
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%
23404 N Rockledge Novi, MI Beautifully maintained and thoughtfully upgraded townhouse-style condo in the highly sough...	2 beds \| 2 baths \| 968 sq.ft.	$225,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 2.44% Airbnb Rental Income: $1894 Traditional Rental Income: $1529 Airbnb ROI: 1.78% Traditional ROI: 2.44%
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: -0.16% Traditional cash on cash: 1.15% Airbnb Rental Income: $1628 Traditional Rental Income: $1903 Airbnb ROI: -0.16% Traditional ROI: 1.15%
42142 Roscommon Street Novi, MI Move right in to this bright and inviting condo, located in an award-winning school distri...	3 beds \| 3 baths \| 1,522 sq.ft.	$319,997	Airbnb cash on cash: 0.17% Traditional cash on cash: 4.68% Airbnb Rental Income: $1628 Traditional Rental Income: $2527 Airbnb ROI: 0.17% Traditional ROI: 4.68%
22615 Novi Road Novi, MI New construction in Novi! Northville schools! This popular Austin floorplan welcomes you...	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: 1.14% Traditional cash on cash: 5.53% Airbnb Rental Income: $1894 Traditional Rental Income: $3365 Airbnb ROI: 1.14% 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: 0.56% Traditional cash on cash: 4.94% Airbnb Rental Income: $1628 Traditional Rental Income: $3254 Airbnb ROI: 0.56% 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.	$385,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 1.74% Airbnb Rental Income: $1894 Traditional Rental Income: $1288 Airbnb ROI: 2.02% Traditional ROI: 1.74%
24252 Bashian Drive #13 Novi, MI Just REDUCED! RARE NOVI RANCH CONDO, FULL BASEMENT, Nobody above you and Nobody below you,...	2 beds \| 2 baths \| 1,025 sq.ft.	$220,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 3.68% Airbnb Rental Income: $1894 Traditional Rental Income: $1734 Airbnb ROI: 2.02% Traditional ROI: 3.68%
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: 0.56% Traditional cash on cash: 5.48% Airbnb Rental Income: $1628 Traditional Rental Income: $3511 Airbnb ROI: 0.56% Traditional ROI: 5.48%
42900 Ledgeview Drive Novi, MI Nestled in the popular Vista Hills Sub this beautifully updated colonial is truly move-in ...	4 beds \| 3 baths \| 2,589 sq.ft.	$479,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.17% Airbnb Rental Income: $null Traditional Rental Income: $3027 Airbnb ROI: N/A Traditional ROI: 3.17%
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: -0.7% Traditional cash on cash: -0.65% Airbnb Rental Income: $1894 Traditional Rental Income: $1438 Airbnb ROI: -0.7% Traditional ROI: -0.65%
49648 Timber Trail Novi, MI Attractive Condo in Sought-After Island Lake of Novi Community! This condo features a spac...	3 beds \| 3 baths \| 2,476 sq.ft.	$580,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 2.36% Airbnb Rental Income: $1628 Traditional Rental Income: $3327 Airbnb ROI: -1.63% Traditional ROI: 2.36%
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.	$525,000	Airbnb cash on cash: -1.33% Traditional cash on cash: 2.99% Airbnb Rental Income: $1628 Traditional Rental Income: $3284 Airbnb ROI: -1.33% Traditional ROI: 2.99%
22260 Brockshire Street Novi, MI Beautifully maintained 4-bedroom, 2.5-bath colonial in highly sought-after Chase Farms! Th...	4 beds \| 3 baths \| 4,480 sq.ft.	$760,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.76% Airbnb Rental Income: $null Traditional Rental Income: $3114 Airbnb ROI: N/A Traditional ROI: 1.76%
27455 Harrington Way Novi, MI Check out this gorgeous East facing colonial home located in the desirable Knightsbridge n...	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%
24475 Jamestowne Road Novi, MI Welcome to this move-in ready 3-bedroom, 1.5-bathroom home in the heart of Novi, ready for...	3 beds \| 2 baths \| 1,644 sq.ft.	$399,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 3.38% Airbnb Rental Income: $1628 Traditional Rental Income: $2283 Airbnb ROI: 0.4% Traditional ROI: 3.38%
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%
28717 Quarry Court Novi, MI This beautiful home is nestled on a quiet cul-de-sac with private back yard in the sought ...	3 beds \| 3 baths \| 2,091 sq.ft.	$490,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 3.73% Airbnb Rental Income: $1628 Traditional Rental Income: $2784 Airbnb ROI: 0.2% Traditional ROI: 3.73%

Real Estate investment in Novi, MI

There are 83 properties for sale in the city of Novi . The median list price in Novi is $498,000 and the average price per square foot is $232. In September 2025, the average monthly cash on cash return in Novi is 3.00%. The average monthly rental income in Novi is $2,841.

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

There are 83 investment properties available for sale in Novi.

In 2025, 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 $1,628.

Your search for investment property begins and ends here

Investment Property for Sale in Novi, MI

21750 Chase Drive

Novi, MI

4 beds | 4 baths | 3,387 sq.ft.

$862,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.29%

Airbnb Rental Income: $null

Traditional Rental Income: $3682

Airbnb ROI: N/A

Traditional ROI: 2.29%

24243 Bashian Drive

Novi, MI

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

$249,000

Airbnb cash on cash: 0.42%

Traditional cash on cash: 3.23%

Airbnb Rental Income: $1628

Traditional Rental Income: $1829

Airbnb ROI: 0.42%

Traditional ROI: 3.23%

24404 Simmons Drive

Novi, MI

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

$429,000

Airbnb cash on cash: 0.5%

Traditional cash on cash: 3.06%

Airbnb Rental Income: $1628

Traditional Rental Income: $2196

Airbnb ROI: 0.5%

Traditional ROI: 3.06%

27460 Belgrave Place

Novi, MI

4 beds | 4 baths | 2,714 sq.ft.

$550,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.06%

Airbnb Rental Income: $null

Traditional Rental Income: $3437

Airbnb ROI: N/A

Traditional ROI: 4.06%

22363 Peachtree

Novi, MI

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

$225,000

Airbnb cash on cash: 1.64%

Traditional cash on cash: 5.74%

Airbnb Rental Income: $1894

Traditional Rental Income: $2263

Airbnb ROI: 1.64%

Traditional ROI: 5.74%

42683 Wimbleton Way

Novi, MI

4 beds | 3 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

4 beds | 2 baths | 2,578 sq.ft.

$489,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.41%

Airbnb Rental Income: $null

Traditional Rental Income: $2675

Airbnb ROI: N/A

Traditional ROI: 3.41%

42787 Cardinal Way

Novi, MI

3 beds | 3 baths | 2,608 sq.ft.

$659,000

Airbnb cash on cash: -1.63%

Traditional cash on cash: 2.1%

Airbnb Rental Income: $1628

Traditional Rental Income: $3465

Airbnb ROI: -1.63%