Real Estate Investment Properties for Sale in Ray, MI

Looking for investment property in Ray, MI with high ROI ?

Explore a variety of short-term homes & houses in Ray, MI. Invest wisely with VRBO & Ray, 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 Ray, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
62333 John Henry Drive Ray, MI Here's your chance to Build your Dream home on 2.07 acres. This is a build to Suite listin...	3 beds \| 3 baths \| 2,250 sq.ft.	$749,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.24% Airbnb Rental Income: $null Traditional Rental Income: $3063 Airbnb ROI: N/A Traditional ROI: 3.24%
67320 Hartway Road Ray, MI PRIVATE LAKE FRONTAGE - 10 ACRES - ARMADA SCHOOLS - Offered for the first time since 1995....	4 beds \| 3 baths \| 1,926 sq.ft.	$595,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.59% Airbnb Rental Income: $null Traditional Rental Income: $3030 Airbnb ROI: N/A Traditional ROI: 3.59%
59126 Romeo Plank Road Ray, MI Welcome to this meticulously maintained brick ranch! Nestled on just over a half-acre, the...	3 beds \| 3 baths \| 1,324 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.68% Airbnb Rental Income: $null Traditional Rental Income: $2252 Airbnb ROI: N/A Traditional ROI: 5.68%
66500 Wolcott Road Ray, MI Rare opportunity to acquire a unique 6.9-acre property featuring a residence, extensive gr...	3 beds \| 2 baths \| 2,060 sq.ft.	$453,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.95% Airbnb Rental Income: $null Traditional Rental Income: $1989 Airbnb ROI: N/A Traditional ROI: 1.95%
Investment Properties for Sale in Other Cities of Michigan
1021 Clear Creek Drive Rochester Hills , MI EXCEPTIONALLY RARE OPPORTUNITY to SECURE the "Idea Show House" Model in Prestigious & High...	4 beds \| 5 baths \| 5,272 sq.ft.	$1,997,500	Airbnb cash on cash: -1.64% Traditional cash on cash: 0.48% Airbnb Rental Income: $1469 Traditional Rental Income: $4965 Airbnb ROI: -1.64% Traditional ROI: 0.48%
2309 WALTON Boulevard #32 Rochester Hills , MI Incredibly affordable and fabulous first floor condo in Rochester Hills. This fully renova...	2 beds \| 1 baths \| 1,058 sq.ft.	$145,000	Airbnb cash on cash: -1.53% Traditional cash on cash: 4.35% Airbnb Rental Income: $1027 Traditional Rental Income: $1483 Airbnb ROI: -1.53% Traditional ROI: 4.35%
700 Tennyson Rochester Hills , MI Welcome to this wonderful End-Unit, Open Concept home located in Hampton on the Green Golf...	2 beds \| 2 baths \| 1,108 sq.ft.	$265,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 3.89% Airbnb Rental Income: $1027 Traditional Rental Income: $1589 Airbnb ROI: 0.2% Traditional ROI: 3.89%
1115 N Old Woodward Ave Birmingham , MI 1115 N Old Woodward Ave, Birmingham, MI 48009 \| Condo/Coop	1 beds \| 1 baths \| 909 sq.ft.	$285,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 0.17% Airbnb Rental Income: $1652 Traditional Rental Income: $1153 Airbnb ROI: 0.3% Traditional ROI: 0.17%
818 Mohawk Avenue Royal Oak , MI Offer Deadline: Sunday, June 28, 2026 at 12:00 pm. Completely rebuilt 2,000 sf craftsman s...	4 beds \| 4 baths \| 2,000 sq.ft.	$699,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 2.33% Airbnb Rental Income: $2439 Traditional Rental Income: $3202 Airbnb ROI: 0.25% Traditional ROI: 2.33%
302 Dewey Street Royal Oak , MI Built in 2016 and located within walking distance of downtown Royal Oak, this 3-bedroom, 3...	3 beds \| 4 baths \| 2,922 sq.ft.	$655,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 3.01% Airbnb Rental Income: $1628 Traditional Rental Income: $3260 Airbnb ROI: -0.42% Traditional ROI: 3.01%
16996 Elizabeth St Beverly Hills , MI More than just beautifully updated, this impeccably maintained brick ranch has been though...	3 beds \| 1 baths \| 2,011 sq.ft.	$444,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 1.66% Airbnb Rental Income: $1689 Traditional Rental Income: $1656 Airbnb ROI: 0.61% Traditional ROI: 1.66%
31505 Kennoway Ct Beverly Hills , MI Award-winning historic restoration set on a rare 2.5-acre lot along 500 ft of the Rouge Ri...	5 beds \| 2 baths \| 6,200 sq.ft.	$2,100,000	Airbnb cash on cash: -0.22% Traditional cash on cash: -0.4% Airbnb Rental Income: $3632 Traditional Rental Income: $2477 Airbnb ROI: -0.22% Traditional ROI: -0.4%
66 WINDER Street #332 Detroit , MI Beautiful Corner Loft with Amazing Views of Downtown Skyline. Located in Popular Brush Par...	2 beds \| 2 baths \| 1,446 sq.ft.	$435,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 3.34% Airbnb Rental Income: $2238 Traditional Rental Income: $2697 Airbnb ROI: 0.84% Traditional ROI: 3.34%
501 Emerald Avenue NE Grand Rapids , MI Located in Grand Rapids' sought-after Midtown neighborhood, this 3-bedroom, 1.5-bath home ...	3 beds \| 2 baths \| 1,753 sq.ft.	$350,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 4.66% Airbnb Rental Income: $2179 Traditional Rental Income: $2233 Airbnb ROI: 2.82% Traditional ROI: 4.66%
1295 Smith Avenue Birmingham , MI In-town Birmingham living with a rare attached 2-car garage! This 3-bedroom, 2.5-bath home...	3 beds \| 3 baths \| 2,340 sq.ft.	$724,900	Airbnb cash on cash: -0.35% Traditional cash on cash: 1.53% Airbnb Rental Income: $1902 Traditional Rental Income: $2669 Airbnb ROI: -0.35% Traditional ROI: 1.53%
1320 Cole St Birmingham , MI Welcome to 1320 Cole Street, a beautifully updated home on a rare double lot in the heart ...	4 beds \| 2 baths \| 2,169 sq.ft.	$845,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.48% Airbnb Rental Income: $null Traditional Rental Income: $2832 Airbnb ROI: N/A Traditional ROI: 1.48%
750 Hazelwood St Birmingham , MI Architectural sophistication meets modern luxury in this extraordinary contemporary reside...	3 beds \| 3 baths \| 3,452 sq.ft.	$1,499,000	Airbnb cash on cash: -1.32% Traditional cash on cash: -0.5% Airbnb Rental Income: $1902 Traditional Rental Income: $2547 Airbnb ROI: -1.32% Traditional ROI: -0.5%

Real Estate investment in Ray, MI

There are 4 properties for sale in the city of Ray . The median list price in Ray is $524,000 and the average price per square foot is $277. In July 2026, the average monthly cash on cash return in Ray is 3.00%. The average monthly rental income in Ray is $2,641.

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

There are 4 investment properties available for sale in Ray.

The ROI for Short-Term is higher than the Long-Term in Ray with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Ray, MI

62333 John Henry Drive

Ray, MI

3 beds | 3 baths | 2,250 sq.ft.

$749,999

Airbnb cash on cash: N/A

Traditional cash on cash: 3.24%

Airbnb Rental Income: $null

Traditional Rental Income: $3063

Airbnb ROI: N/A

Traditional ROI: 3.24%

67320 Hartway Road

Ray, MI

4 beds | 3 baths | 1,926 sq.ft.

$595,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.59%

Airbnb Rental Income: $null

Traditional Rental Income: $3030

Airbnb ROI: N/A

Traditional ROI: 3.59%

59126 Romeo Plank Road

Ray, MI

3 beds | 3 baths | 1,324 sq.ft.

$320,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.68%

Airbnb Rental Income: $null

Traditional Rental Income: $2252

Airbnb ROI: N/A

Traditional ROI: 5.68%

66500 Wolcott Road

Ray, MI

3 beds | 2 baths | 2,060 sq.ft.

$453,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.95%

Airbnb Rental Income: $null

Traditional Rental Income: $1989

Airbnb ROI: N/A

Traditional ROI: 1.95%

Investment Properties for Sale in Other Cities of Michigan

Rochester Hills , MI

4 beds | 5 baths | 5,272 sq.ft.

$1,997,500

Airbnb cash on cash: -1.64%

Traditional cash on cash: 0.48%

Airbnb Rental Income: $1469

Traditional Rental Income: $4965

Airbnb ROI: -1.64%

Traditional ROI: 0.48%

Rochester Hills , MI

2 beds | 1 baths | 1,058 sq.ft.

$145,000

Airbnb cash on cash: -1.53%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $1027

Traditional Rental Income: $1483

Airbnb ROI: -1.53%

Traditional ROI: 4.35%

Rochester Hills , MI

2 beds | 2 baths | 1,108 sq.ft.

$265,000

Airbnb cash on cash: 0.2%

Traditional cash on cash: 3.89%

Airbnb Rental Income: $1027

Traditional Rental Income: $1589

Airbnb ROI: 0.2%

Traditional ROI: 3.89%

Birmingham , MI

1 beds | 1 baths | 909 sq.ft.

$285,000

Airbnb cash on cash: 0.3%

Traditional cash on cash: 0.17%

Airbnb Rental Income: $1652

Traditional Rental Income: $1153

Airbnb ROI: 0.3%

Traditional ROI: 0.17%

Royal Oak , MI

4 beds | 4 baths | 2,000 sq.ft.