Real Estate Investment Properties for Sale in Royal Oak, MI

Looking for investment property in Royal Oak, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1205 N Wilson Avenue Royal Oak, MI This charming three-bedroom, 1 1/2-bath bungalow in Royal Oak lives larger than expected w...	3 beds \| 2 baths \| 1,058 sq.ft.	$315,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 4.74% Airbnb Rental Income: $1020 Traditional Rental Income: $2208 Airbnb ROI: -0.48% Traditional ROI: 4.74%
4313 Berkshire Road Royal Oak, MI Cute, Cozy, Clean 3 bedroom 2 full bathroom ranch with attached garage and bonus Three sea...	3 beds \| 2 baths \| 1,200 sq.ft.	$359,000	Airbnb cash on cash: -1.34% Traditional cash on cash: 3.25% Airbnb Rental Income: $1020 Traditional Rental Income: $2208 Airbnb ROI: -1.34% Traditional ROI: 3.25%
1507 E 5th Street Royal Oak, MI WALK TO DOWNTOWN ROYAL OAK - WITHOUT THE DOWNTOWN PRICE TAG! Tucked away on a quiet, tree...	3 beds \| 2 baths \| 1,432 sq.ft.	$385,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 3.39% Airbnb Rental Income: $1020 Traditional Rental Income: $2208 Airbnb ROI: -0.9% Traditional ROI: 3.39%
117 N Dorchester Avenue Royal Oak, MI Immediate occupancy for this beautiful newer craftsman home with charming front porch. Bri...	4 beds \| 4 baths \| 2,380 sq.ft.	$735,000	Airbnb cash on cash: -1.59% Traditional cash on cash: 1.34% Airbnb Rental Income: $1105 Traditional Rental Income: $2736 Airbnb ROI: -1.59% Traditional ROI: 1.34%
819 Irving Avenue Royal Oak, MI A stunning 4-bedroom, 3.5-bath luxury home with walking distance to Downtown Royal Oak. Th...	4 beds \| 4 baths \| 3,705 sq.ft.	$923,000	Airbnb cash on cash: -1.43% Traditional cash on cash: 0.91% Airbnb Rental Income: $1105 Traditional Rental Income: $2736 Airbnb ROI: -1.43% Traditional ROI: 0.91%
432 S Washington Avenue #1804 Royal Oak, MI Positioned on the 18th floor, this refined residence delivers elevated urban living with p...	2 beds \| 3 baths \| 2,277 sq.ft.	$999,000	Airbnb cash on cash: -3.54% Traditional cash on cash: -2.09% Airbnb Rental Income: $796 Traditional Rental Income: $1824 Airbnb ROI: -3.54% Traditional ROI: -2.09%
322 E Harrison Avenue Royal Oak, MI Welcome to 322 E Harrison Ave #22 in the heart of Royal Oak. This top-floor penthouse loft...	2 beds \| 3 baths \| 1,905 sq.ft.	$550,000	Airbnb cash on cash: -3.14% Traditional cash on cash: -0.51% Airbnb Rental Income: $796 Traditional Rental Income: $1824 Airbnb ROI: -3.14% Traditional ROI: -0.51%
432 S WASHINGTON AVE UNIT 1704 Royal Oak, MI Stunning sunsets paint the sky most evenings from this 17th-floor penthouse at The Fifth, ...	3 beds \| 3 baths \| 2,404 sq.ft.	$999,900	Airbnb cash on cash: -2.69% Traditional cash on cash: 0.46% Airbnb Rental Income: $1020 Traditional Rental Income: $3593 Airbnb ROI: -2.69% Traditional ROI: 0.46%
125 N Blair Avenue Royal Oak, MI Charming Updated Bungalow â Walk to Downtown Royal Oak! Enjoy the best of in-town living...	3 beds \| 1 baths \| 1,200 sq.ft.	$364,900	Airbnb cash on cash: -0.9% Traditional cash on cash: 3.62% Airbnb Rental Income: $1020 Traditional Rental Income: $2208 Airbnb ROI: -0.9% Traditional ROI: 3.62%
218 S Gainsborough Avenue Royal Oak, MI Welcome home to this charming, beautifully updated bungalow in highly desirable Royal Oak,...	3 beds \| 2 baths \| 1,275 sq.ft.	$385,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 3.4% Airbnb Rental Income: $1020 Traditional Rental Income: $2208 Airbnb ROI: -0.89% Traditional ROI: 3.4%
2333 Barrett Avenue Royal Oak, MI Charming 3 bed, 2 bath bungalow blends classic character with thoughtful updates. Beautifu...	3 beds \| 2 baths \| 1,420 sq.ft.	$315,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 4.07% Airbnb Rental Income: $1020 Traditional Rental Income: $2079 Airbnb ROI: -0.72% Traditional ROI: 4.07%
717 S Kenwood Avenue Royal Oak, MI Motivated sellers, willing to give concessions for cosmetic updates. Stunning two-story br...	3 beds \| 4 baths \| 2,308 sq.ft.	$689,900	Airbnb cash on cash: -1.7% Traditional cash on cash: 0.71% Airbnb Rental Income: $1020 Traditional Rental Income: $2208 Airbnb ROI: -1.7% Traditional ROI: 0.71%
219 N Edison Avenue Royal Oak, MI This charming completely updated home blends modern updates with timeless character in an ...	3 beds \| 2 baths \| 1,333 sq.ft.	$415,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 3.41% Airbnb Rental Income: $1020 Traditional Rental Income: $2208 Airbnb ROI: -0.57% Traditional ROI: 3.41%
1429 S Main St. Royal Oak, MI	2 beds \| 2 baths \| N/A	$287,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 4.69% Airbnb Rental Income: $796 Traditional Rental Income: $2058 Airbnb ROI: -1.16% Traditional ROI: 4.69%
802 S Lafayette Avenue Royal Oak, MI Income-producing duplex in the heart of downtown Royal Oak! This well-maintained property ...	3 beds \| N/A baths \| N/A	$500,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 2.17% Airbnb Rental Income: $1020 Traditional Rental Income: $2208 Airbnb ROI: -1.14% Traditional ROI: 2.17%
1020 Mclean Avenue Royal Oak, MI Back on the market, no fault of the seller- Buyer backed out before inspection. This a...	3 beds \| 1 baths \| 1,511 sq.ft.	$325,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 4.79% Airbnb Rental Income: $1020 Traditional Rental Income: $2208 Airbnb ROI: -0.27% Traditional ROI: 4.79%
3420 Fairmont Road Royal Oak, MI HOME BEING SOLD AS IS Welcome to this beautifully renovated Royal Oak gem, nestled on a ...	2 beds \| 2 baths \| 1,300 sq.ft.	$259,900	Airbnb cash on cash: -2.53% Traditional cash on cash: 2.46% Airbnb Rental Income: $796 Traditional Rental Income: $1700 Airbnb ROI: -2.53% Traditional ROI: 2.46%
533 E Harrison Avenue #35 Royal Oak, MI A Distinctive End-Unit Residence at The Harrison Collection. Where architectural sophistic...	3 beds \| 5 baths \| 2,105 sq.ft.	$775,000	Airbnb cash on cash: -2.47% Traditional cash on cash: 2.24% Airbnb Rental Income: $1020 Traditional Rental Income: $4061 Airbnb ROI: -2.47% Traditional ROI: 2.24%
1021 S Washington Avenue #G Royal Oak, MI Experience modern upscale living at The Washington in the heart of downtown Royal Oak. Thi...	1 beds \| 1 baths \| 1,005 sq.ft.	$299,900	Airbnb cash on cash: -4.19% Traditional cash on cash: 1.57% Airbnb Rental Income: $544 Traditional Rental Income: $1890 Airbnb ROI: -4.19% Traditional ROI: 1.57%
533 E Harrison Avenue #36 Royal Oak, MI Introducing an exclusive opportunity for qualified buyers to enjoy special 5 percent finan...	3 beds \| 4 baths \| 1,875 sq.ft.	$740,000	Airbnb cash on cash: -2.76% Traditional cash on cash: 0.57% Airbnb Rental Income: $1020 Traditional Rental Income: $2953 Airbnb ROI: -2.76% Traditional ROI: 0.57%
2438 Evergreen Drive Royal Oak, MI Welcome to this custom-built colonial, ideally situated near both Downtown Royal Oak and D...	4 beds \| 6 baths \| 2,918 sq.ft.	$1,199,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 3.87% Airbnb Rental Income: $1105 Traditional Rental Income: $6593 Airbnb ROI: -1.39% Traditional ROI: 3.87%
419 W 12 Mile Road Royal Oak, MI Exceptional 3-Bedroom Home - Fully Remodeled & Move-In Ready! Discover an unparalleled opp...	3 beds \| 1 baths \| 1,214 sq.ft.	$322,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 3.01% Airbnb Rental Income: $1020 Traditional Rental Income: $1659 Airbnb ROI: -0.28% Traditional ROI: 3.01%
1007 Mohawk Avenue Royal Oak, MI Beautiful and updated home in this nice Royal Oak neighborhood which is located in close p...	3 beds \| 1 baths \| 1,387 sq.ft.	$352,400	Airbnb cash on cash: -0.88% Traditional cash on cash: 3.37% Airbnb Rental Income: $1020 Traditional Rental Income: $2066 Airbnb ROI: -0.88% Traditional ROI: 3.37%
2915 W 13 Mile Road unit: 308 Royal Oak, MI Cozy one bedroom located in a lovely tree lined area of Royal Oak. Large bedroom with walk...	1 beds \| 1 baths \| 39,480 sq.ft.	$75,000	Airbnb cash on cash: -4.92% Traditional cash on cash: 9.83% Airbnb Rental Income: $544 Traditional Rental Income: $1357 Airbnb ROI: -4.92% Traditional ROI: 9.83%
207 S Wilson Avenue Royal Oak, MI One-of-a-kind modern custom home just minutes from downtown Royal Oak. This three-story re...	4 beds \| 4 baths \| 2,600 sq.ft.	$919,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 0.37% Airbnb Rental Income: $1105 Traditional Rental Income: $1503 Airbnb ROI: -0.53% Traditional ROI: 0.37%
533 E Harrison Avenue #20 Royal Oak, MI Special 5% financing available for qualified buyers, subject to lender approval. Welcome t...	3 beds \| 4 baths \| 1,856 sq.ft.	$649,000	Airbnb cash on cash: -2.06% Traditional cash on cash: 2.35% Airbnb Rental Income: $1020 Traditional Rental Income: $3334 Airbnb ROI: -2.06% Traditional ROI: 2.35%

Real Estate investment in Royal-oak, MI

There are 137 properties for sale in the city of Royal Oak . The median list price in Royal Oak is $385,000 and the average price per square foot is $223. In April 2026, the average monthly cash on cash return in Royal Oak is 3.00%. The average monthly rental income in Royal Oak is $2,143.

Royal-oak, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 137 investment properties available for sale in Royal-oak.

In 2026, the best neighborhood to buy investment property is Royal Oak.

The ROI for Long-Term is higher than the Short-Term in Royal-oak with average rental income of $2,143.

Your search for investment property begins and ends here

Investment Property for Sale in Royal Oak, MI

1205 N Wilson Avenue

Royal Oak, MI

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

$315,000

Airbnb cash on cash: -0.48%

Traditional cash on cash: 4.74%

Airbnb Rental Income: $1020

Traditional Rental Income: $2208

Airbnb ROI: -0.48%

Traditional ROI: 4.74%

4313 Berkshire Road

Royal Oak, MI

3 beds | 2 baths | 1,200 sq.ft.

$359,000

Airbnb cash on cash: -1.34%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $1020

Traditional Rental Income: $2208

Airbnb ROI: -1.34%

Traditional ROI: 3.25%

1507 E 5th Street

Royal Oak, MI

3 beds | 2 baths | 1,432 sq.ft.

$385,000

Airbnb cash on cash: -0.9%

Traditional cash on cash: 3.39%

Airbnb Rental Income: $1020

Traditional Rental Income: $2208

Airbnb ROI: -0.9%

Traditional ROI: 3.39%

117 N Dorchester Avenue

Royal Oak, MI

4 beds | 4 baths | 2,380 sq.ft.

$735,000

Airbnb cash on cash: -1.59%

Traditional cash on cash: 1.34%

Airbnb Rental Income: $1105

Traditional Rental Income: $2736

Airbnb ROI: -1.59%

Traditional ROI: 1.34%

819 Irving Avenue

Royal Oak, MI

4 beds | 4 baths | 3,705 sq.ft.

$923,000

Airbnb cash on cash: -1.43%

Traditional cash on cash: 0.91%

Airbnb Rental Income: $1105

Traditional Rental Income: $2736

Airbnb ROI: -1.43%

Traditional ROI: 0.91%

432 S Washington Avenue #1804

Royal Oak, MI

2 beds | 3 baths | 2,277 sq.ft.

$999,000

Airbnb cash on cash: -3.54%

Traditional cash on cash: -2.09%

Airbnb Rental Income: $796

Traditional Rental Income: $1824

Airbnb ROI: -3.54%

Traditional ROI: -2.09%

322 E Harrison Avenue

Royal Oak, MI

2 beds | 3 baths | 1,905 sq.ft.

$550,000

Airbnb cash on cash: -3.14%

Traditional cash on cash: -0.51%

Airbnb Rental Income: $796

Traditional Rental Income: $1824

Airbnb ROI: -3.14%

Traditional ROI: -0.51%

432 S WASHINGTON AVE UNIT 1704

Royal Oak, MI

3 beds | 3 baths | 2,404 sq.ft.

$999,900

Airbnb cash on cash: -2.69%

Traditional cash on cash: 0.46%

Airbnb Rental Income: $1020

Traditional Rental Income: $3593

Airbnb ROI: -2.69%