Real Estate Investments for Sale in Novi, MI With High ROI

Are you looking for a vacation rental in Novi, MI? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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
23261 ARGYLE Street Novi, MI This home is NOT built on this lot, yet. The specs and photos are from the exact same home...	3 beds \| 3 baths \| 2,295 sq.ft.	$799,900	Airbnb cash on cash: 3.45% Traditional cash on cash: 3.63% Airbnb Rental Income: $4541 Traditional Rental Income: $3733 Airbnb ROI: 3.45% Traditional ROI: 3.63%
2453 SHAWOOD Street Novi, MI PLEASE SUBMIT YOUR BEST OFFER BY 10 AM on Monday 4/8/2024. Oh the views! Don't miss your c...	3 beds \| 2 baths \| 1,613 sq.ft.	$399,900	Airbnb cash on cash: 7.05% Traditional cash on cash: 4.34% Airbnb Rental Income: $4541 Traditional Rental Income: $2578 Airbnb ROI: 7.05% Traditional ROI: 4.34%
30709 Ardmore Court Novi, MI Make this move-in ready, end-unit condo your new home! This upstairs raised-ranch features...	2 beds \| 1 baths \| 1,104 sq.ft.	$225,000	Airbnb cash on cash: 9.23% Traditional cash on cash: 4.59% Airbnb Rental Income: $3639 Traditional Rental Income: $1855 Airbnb ROI: 9.23% Traditional ROI: 4.59%
22062 Edgewater Novi, MI Desirable ranch condo in Crosswinds West of Novi! This spacious 2 bedroom, 2.5 bath condo ...	2 beds \| 3 baths \| 2,134 sq.ft.	$310,000	Airbnb cash on cash: 5.88% Traditional cash on cash: 4.16% Airbnb Rental Income: $3639 Traditional Rental Income: $2342 Airbnb ROI: 5.88% Traditional ROI: 4.16%
50595 GLADES COURT E Novi, MI BEAUTIFUL CUSTOM BUILT CAPE COD STYLE HOME in desirable Bella Terra, with Northville schoo...	5 beds \| 6 baths \| 3,752 sq.ft.	$1,065,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.92% Airbnb Rental Income: $null Traditional Rental Income: $5391 Airbnb ROI: N/A Traditional ROI: 2.92%
42868 CARDINAL Way Novi, MI Condo is now under contract-open houses canceled!! Beautiful townhouse style condo ready ...	3 beds \| 4 baths \| 2,346 sq.ft.	$619,900	Airbnb cash on cash: 2.39% Traditional cash on cash: 2.25% Airbnb Rental Income: $4541 Traditional Rental Income: $3512 Airbnb ROI: 2.39% Traditional ROI: 2.25%
22585 MONTEBELLO Court Novi, MI Custom home to be built by builder of the year Mike Miller Building Company. Home includes...	4 beds \| 4 baths \| 3,484 sq.ft.	$1,394,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.65% Airbnb Rental Income: $null Traditional Rental Income: $3943 Airbnb ROI: N/A Traditional ROI: 1.65%
41626 ORIANNA Lane #11 Novi, MI Price reduced for quick sale! This ready-to-move-in model townhome comes with numerous upg...	2 beds \| 4 baths \| 2,121 sq.ft.	$449,650	Airbnb cash on cash: 3.97% Traditional cash on cash: 4.29% Airbnb Rental Income: $3639 Traditional Rental Income: $2978 Airbnb ROI: 3.97% Traditional ROI: 4.29%
2034 AUSTIN Drive Novi, MI Multiple offers receivedHighest and best due by Monday, April 1st at 10:00 am. Experi...	2 beds \| 2 baths \| 1,216 sq.ft.	$263,900	Airbnb cash on cash: 8.92% Traditional cash on cash: 5.48% Airbnb Rental Income: $3639 Traditional Rental Income: $1987 Airbnb ROI: 8.92% Traditional ROI: 5.48%
47230 W 11 MILE Road Novi, MI Beautifully remodeled home features hardscape patio with built-in gas bbq grill, circular ...	3 beds \| 2 baths \| 1,410 sq.ft.	$449,900	Airbnb cash on cash: 6.5% Traditional cash on cash: 3.85% Airbnb Rental Income: $4541 Traditional Rental Income: $2479 Airbnb ROI: 6.5% Traditional ROI: 3.85%
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: 4.17% Traditional cash on cash: 0.86% Airbnb Rental Income: $4541 Traditional Rental Income: $1738 Airbnb ROI: 4.17% Traditional ROI: 0.86%
25618 PORTICO Lane Novi, MI Welcome to this Gateway Village condo located in the heart of Novi! Walk into the spacious...	2 beds \| 3 baths \| 1,226 sq.ft.	$260,000	Airbnb cash on cash: 7.87% Traditional cash on cash: 4.14% Airbnb Rental Income: $3639 Traditional Rental Income: $1927 Airbnb ROI: 7.87% Traditional ROI: 4.14%
20785 Meadowbrook Novi, MI New Construction, "The Alexa II", custom designed by the builder. From the moment you step...	4 beds \| 4 baths \| 2,975 sq.ft.	$919,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.28% Airbnb Rental Income: $null Traditional Rental Income: $3953 Airbnb ROI: N/A Traditional ROI: 3.28%
41566 ORIANNA Lane #19 Novi, MI This model townhome comes with numerous upgrades and offers luxurious living at an excepti...	2 beds \| 4 baths \| 2,121 sq.ft.	$447,000	Airbnb cash on cash: 4.07% Traditional cash on cash: 4.4% Airbnb Rental Income: $3639 Traditional Rental Income: $2978 Airbnb ROI: 4.07% Traditional ROI: 4.4%
22649 Novi Road Novi, MI New construction in Novi! Northville schools! This popular Austin floorplan welcomes you...	4 beds \| 3 baths \| 2,947 sq.ft.	$863,585	Airbnb cash on cash: N/A Traditional cash on cash: 1.84% Airbnb Rental Income: $null Traditional Rental Income: $3605 Airbnb ROI: N/A Traditional ROI: 1.84%
22615 Novi Road Novi, MI New construction in Novi! Northville schools! This home has it all! As you enter in the...	4 beds \| 4 baths \| 3,665 sq.ft.	$921,485	Airbnb cash on cash: N/A Traditional cash on cash: 2.07% Airbnb Rental Income: $null Traditional Rental Income: $4037 Airbnb ROI: N/A Traditional ROI: 2.07%
22690 CHESHIRE Court Novi, MI *Highest & Best due on Sunday, March 10th @ 7pm. *Welcome to a beautifully updated bri...	5 beds \| 4 baths \| 2,791 sq.ft.	$775,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $4142 Airbnb ROI: N/A Traditional ROI: 3.72%
48654 Rockview Road Novi, MI Step into this pristine end-unit ranch condo within the Villas of Stonebrook community! Th...	2 beds \| 2 baths \| 1,734 sq.ft.	$529,900	Airbnb cash on cash: 1.43% Traditional cash on cash: 0.84% Airbnb Rental Income: $3639 Traditional Rental Income: $2549 Airbnb ROI: 1.43% Traditional ROI: 0.84%
41558 ORIANNA Lane #21 Novi, MI This model townhome comes with numerous upgrades and offers luxurious living at an excepti...	2 beds \| 4 baths \| 2,121 sq.ft.	$446,550	Airbnb cash on cash: 4.16% Traditional cash on cash: 4.48% Airbnb Rental Income: $3639 Traditional Rental Income: $2980 Airbnb ROI: 4.16% Traditional ROI: 4.48%
41546 ORIANNA Lane #24 Novi, MI This end unit model townhome comes with numerous upgrades and offers luxurious living at a...	2 beds \| 4 baths \| 2,121 sq.ft.	$464,500	Airbnb cash on cash: 3.91% Traditional cash on cash: 4.22% Airbnb Rental Income: $3639 Traditional Rental Income: $2980 Airbnb ROI: 3.91% Traditional ROI: 4.22%
41600 ORIANNA Lane #14 Novi, MI This model townhome comes with numerous upgrades and offers luxurious living at an excepti...	2 beds \| 4 baths \| 2,121 sq.ft.	$453,350	Airbnb cash on cash: 3.69% Traditional cash on cash: 4.01% Airbnb Rental Income: $3639 Traditional Rental Income: $2980 Airbnb ROI: 3.69% Traditional ROI: 4.01%
45168 N BARTLETT Drive W Novi, MI Accepting Backup offers. The stunning house features 4 Bedrooms 2.2 Bathrooms, all hardwoo...	4 beds \| 4 baths \| 2,612 sq.ft.	$665,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.62% Airbnb Rental Income: $null Traditional Rental Income: $3634 Airbnb ROI: N/A Traditional ROI: 3.62%
44707 GWINNETT Loop #60 Novi, MI All offers due by 9pm on tuesday March 19. Beautiful townhouse home in sought-after meticu...	2 beds \| 2 baths \| 1,051 sq.ft.	$255,000	Airbnb cash on cash: 7.94% Traditional cash on cash: 3.59% Airbnb Rental Income: $3639 Traditional Rental Income: $1796 Airbnb ROI: 7.94% Traditional ROI: 3.59%
22519 Windermere Court Novi, MI Presenting a luxurious and private estate set on a secluded two acre wooded lot, this resi...	4 beds \| 6 baths \| 4,894 sq.ft.	$1,250,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.3% Airbnb Rental Income: $null Traditional Rental Income: $5139 Airbnb ROI: N/A Traditional ROI: 2.3%
47226 SCARLET Drive S Novi, MI Welcome home! Move-in ready in the heart of Novi! Prime location with desirable Novi Schoo...	3 beds \| 4 baths \| 1,616 sq.ft.	$449,900	Airbnb cash on cash: 6.03% Traditional cash on cash: 5.5% Airbnb Rental Income: $4541 Traditional Rental Income: $3375 Airbnb ROI: 6.03% Traditional ROI: 5.5%
22237 Cascade Drive Drive Novi, MI This lovely 4 bdrm, 3.5 bath home is located in the Turtle Creek Sub. Stepping inside, you...	4 beds \| 4 baths \| 3,406 sq.ft.	$570,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.14% Airbnb Rental Income: $null Traditional Rental Income: $3814 Airbnb ROI: N/A Traditional ROI: 5.14%
24380 Hampton Hill Street Novi, MI --OPEN HOUSE 2-4PM THIS SUNDAY, MARCH 24TH--Sellers will take memories to last a lifetime ...	4 beds \| 2 baths \| 2,193 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.49% Airbnb Rental Income: $null Traditional Rental Income: $2982 Airbnb ROI: N/A Traditional ROI: 6.49%
41625 Steinbeck Glen Novi, MI Welcome BAC HOME to 41625 Steinbeck Glen, Novi, Michigan! Nestled in the prestigious an...	4 beds \| 4 baths \| 3,340 sq.ft.	$700,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.1% Airbnb Rental Income: $null Traditional Rental Income: $4108 Airbnb ROI: N/A Traditional ROI: 4.1%
43100 12 Oaks Crescent Drive #4044 Novi, MI If stress-free living is what you strive for - the ENCLAVE is where you will want to be!! ...	2 beds \| 2 baths \| 2,199 sq.ft.	$299,000	Airbnb cash on cash: 7.36% Traditional cash on cash: 5.78% Airbnb Rental Income: $3639 Traditional Rental Income: $2399 Airbnb ROI: 7.36% Traditional ROI: 5.78%
45625 W 9 Mile Road Novi, MI *OPEN HOUSE CANCELED*Luxurious country living in the beautiful city of Novi is here! T...	4 beds \| 4 baths \| 3,731 sq.ft.	$850,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.77% Airbnb Rental Income: $null Traditional Rental Income: $4079 Airbnb ROI: N/A Traditional ROI: 2.77%
24191 Trafalger Court Novi, MI This exquisite, east facing, home includes 5 beds and 4 full baths. The gourmet kitchen i...	5 beds \| 4 baths \| 3,455 sq.ft.	$935,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.43% Airbnb Rental Income: $null Traditional Rental Income: $4299 Airbnb ROI: N/A Traditional ROI: 3.43%
44489 Midway Drive Novi, MI Highest and Best Offers due by 3/17 at 12P. Call home this spacious colonial with 4 bedr...	4 beds \| 3 baths \| 3,854 sq.ft.	$570,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.25% Airbnb Rental Income: $null Traditional Rental Income: $2905 Airbnb ROI: N/A Traditional ROI: 3.25%
42929 Ashbury Drive Novi, MI --OFFER DEADLINE TUESDAY MARCH 26TH @ 12PM-- Original owners are excited for the next step...	2 beds \| 3 baths \| 3,518 sq.ft.	$475,000	Airbnb cash on cash: 4.17% Traditional cash on cash: 3.02% Airbnb Rental Income: $3639 Traditional Rental Income: $2335 Airbnb ROI: 4.17% Traditional ROI: 3.02%
43451 Algonquin Drive #1 Novi, MI IMMEDIATE OCCUPANCY ON THIS BEAUTIFUL, UPDATED, END UNIT RANCH CONDO-VAULTED CEILINGS-CENT...	2 beds \| 2 baths \| 1,345 sq.ft.	$349,900	Airbnb cash on cash: 5.25% Traditional cash on cash: 2.25% Airbnb Rental Income: $3639 Traditional Rental Income: $1857 Airbnb ROI: 5.25% Traditional ROI: 2.25%
42388 Park Ridge Road Novi, MI Pride of ownership in the beautifully cared for colonial in highly desirable Meadowbrook G...	3 beds \| 3 baths \| N/A	$349,900	Airbnb cash on cash: 8.77% Traditional cash on cash: 5.73% Airbnb Rental Income: $4541 Traditional Rental Income: $2597 Airbnb ROI: 8.77% Traditional ROI: 5.73%
27871 Hopkins Drive Novi, MI Highest & best by 9pm April, 1st, thanks!! Welcome to this end unit townhouse in the Liber...	2 beds \| 2 baths \| 1,223 sq.ft.	$269,900	Airbnb cash on cash: 7.31% Traditional cash on cash: 3.61% Airbnb Rental Income: $3639 Traditional Rental Income: $1901 Airbnb ROI: 7.31% Traditional ROI: 3.61%
43100 12 OAKS CRESCENT Drive #4022 Novi, MI Introducing a luxurious high-rise condo boasting unparalleled amenities and breathtaking v...	2 beds \| 2 baths \| 2,091 sq.ft.	$224,900	Airbnb cash on cash: 6.89% Traditional cash on cash: 4.83% Airbnb Rental Income: $3639 Traditional Rental Income: $2405 Airbnb ROI: 6.89% Traditional ROI: 4.83%
24738 Bashian Drive #34 Novi, MI Offers Due Sunday 4/7 4pm. Presenting this immaculate townhome, eagerly awaiting new owner...	2 beds \| 3 baths \| 1,394 sq.ft.	$232,500	Airbnb cash on cash: 9.51% Traditional cash on cash: 6.34% Airbnb Rental Income: $3639 Traditional Rental Income: $2148 Airbnb ROI: 9.51% Traditional ROI: 6.34%
31128 COLUMBIA Drive Novi, MI Hard to find condo in highly desired Maples of Novi detached 2-story condo w/ 2-car garage...	3 beds \| 3 baths \| 1,260 sq.ft.	$289,900	Airbnb cash on cash: 9.03% Traditional cash on cash: 4.06% Airbnb Rental Income: $4541 Traditional Rental Income: $2239 Airbnb ROI: 9.03% Traditional ROI: 4.06%
22486 Woodbridge Lane Novi, MI Welcome to this charming 2-story townhome nestled in the sought-after Novi area, boasting ...	3 beds \| 3 baths \| 2,059 sq.ft.	$489,900	Airbnb cash on cash: 4.41% Traditional cash on cash: 3.32% Airbnb Rental Income: $4541 Traditional Rental Income: $3098 Airbnb ROI: 4.41% Traditional ROI: 3.32%

Real Estate investment in Novi, MI

There are 54 properties for sale in the city of Novi . The median list price in Novi is $451,625 and the average price per square foot is $200. In April 2024, the average monthly cash on cash return in Novi is 4.00%. The average monthly rental income in Novi is $2,905.

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

There are 54 investment properties available for sale in Novi.

In 2024, 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 $4,090.

Your search for investment property begins and ends here

Investment Property for Sale in Novi, MI

23261 ARGYLE Street

Novi, MI

3 beds | 3 baths | 2,295 sq.ft.

$799,900

Airbnb cash on cash: 3.45%

Traditional cash on cash: 3.63%

Airbnb Rental Income: $4541

Traditional Rental Income: $3733

Airbnb ROI: 3.45%

Traditional ROI: 3.63%

2453 SHAWOOD Street

Novi, MI

3 beds | 2 baths | 1,613 sq.ft.

$399,900

Airbnb cash on cash: 7.05%

Traditional cash on cash: 4.34%

Airbnb Rental Income: $4541

Traditional Rental Income: $2578

Airbnb ROI: 7.05%

Traditional ROI: 4.34%

30709 Ardmore Court

Novi, MI

2 beds | 1 baths | 1,104 sq.ft.

$225,000

Airbnb cash on cash: 9.23%

Traditional cash on cash: 4.59%

Airbnb Rental Income: $3639

Traditional Rental Income: $1855

Airbnb ROI: 9.23%

Traditional ROI: 4.59%

22062 Edgewater

Novi, MI

2 beds | 3 baths | 2,134 sq.ft.

$310,000

Airbnb cash on cash: 5.88%

Traditional cash on cash: 4.16%

Airbnb Rental Income: $3639

Traditional Rental Income: $2342

Airbnb ROI: 5.88%

Traditional ROI: 4.16%

50595 GLADES COURT E

Novi, MI

5 beds | 6 baths | 3,752 sq.ft.

$1,065,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.92%

Airbnb Rental Income: $null

Traditional Rental Income: $5391

Airbnb ROI: N/A

Traditional ROI: 2.92%

42868 CARDINAL Way

Novi, MI

3 beds | 4 baths | 2,346 sq.ft.

$619,900

Airbnb cash on cash: 2.39%

Traditional cash on cash: 2.25%

Airbnb Rental Income: $4541

Traditional Rental Income: $3512

Airbnb ROI: 2.39%

Traditional ROI: 2.25%

22585 MONTEBELLO Court

Novi, MI

4 beds | 4 baths | 3,484 sq.ft.

$1,394,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.65%

Airbnb Rental Income: $null

Traditional Rental Income: $3943

Airbnb ROI: N/A

Traditional ROI: 1.65%

41626 ORIANNA Lane #11

Novi, MI

2 beds | 4 baths | 2,121 sq.ft.

$449,650

Airbnb cash on cash: 3.97%

Traditional cash on cash: 4.29%

Airbnb Rental Income: $3639

Traditional Rental Income: $2978

Airbnb ROI: 3.97%