Real Estate Investment Properties for Sale in Shelby, MI
Looking for investment property in Shelby, MI with high ROI ?
Explore a variety of short-term homes & houses in Shelby, MI. Invest wisely with VRBO & Shelby, 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 Shelby, MI
| PROPERTY | DETAILS | SALE PRICE | INVESTMENT PERFORMANCE |
|---|---|---|---|
4566 S Lakeview DriveShelby, MIINCREDIBLE LAKE MICHIGAN VIEWS AND DEEDED FRONTAGE! Welcome Home to 4566 S Lakeview in She... |
4 beds | 3 baths | 2,580 sq.ft. |
$859,900 |
Airbnb cash on cash: 0.45%
|
261 Aspen Hill DriveShelby, MIWelcome to Shelby Acres, The Aspen! This home exudes classic country charm form the moment... |
4 beds | 2 baths | 1,706 sq.ft. |
$249,000 |
Airbnb cash on cash: 4.21%
|
259 Aspen Hill DriveShelby, MIHere functionality meets comfort in a home that is both light and open yet fully utilizes ... |
3 beds | 2 baths | 1,446 sq.ft. |
$224,000 |
Airbnb cash on cash: N/A
|
254 Willowside DriveShelby, MIWelcome to The Elm. Here functionality meets comfort in a home that is both light and open... |
3 beds | 2 baths | 1,446 sq.ft. |
$224,000 |
Airbnb cash on cash: N/A
|
109 E 5th StreetShelby, MIShelby Gem! Just listed: 4 bed, 1 bath home at 109 E 5th St on a corner lot! Features a ne... |
4 beds | 1 baths | 1,578 sq.ft. |
$180,000 |
Airbnb cash on cash: 7.71%
|
193 Devonwood DriveShelby, MIThis is not a drive by. This must see newly constructed home is bright and pleasant. 2-be... |
2 beds | 2 baths | 1,136 sq.ft. |
$215,000 |
Airbnb cash on cash: 5.95%
|
5248 W Shelby RoadShelby, MIAlmost 4 acres of country located on Shelby RD, WEST of US31. Great location near Lake Mic... |
4 beds | 2 baths | 1,944 sq.ft. |
$249,000 |
Airbnb cash on cash: 5.34%
|
826 W Shelby RoadShelby, MIDiscover a rare opportunity to own 128.5 acres of beautiful, versatile land in the heart o... |
4 beds | 3 baths | 2,696 sq.ft. |
$999,900 |
Airbnb cash on cash: 0.54%
|
7431 W Buchanan RoadShelby, MIStunning Lakeside Retreat on Homer Lake - 10 Private Wooded Acres. Experience peace, priv... |
3 beds | 3 baths | 2,958 sq.ft. |
$675,000 |
Airbnb cash on cash: N/A
|
277 Aspen Hill DriveShelby, MIWelcome to Shelby Acres, The Aspen. This beautifully designed 4 bedroom, 2-bath home where... |
4 beds | 2 baths | 1,706 sq.ft. |
$269,000 |
Airbnb cash on cash: 3.74%
|
4069 S Ottawa TrailShelby, MIWelcome to 4069 S Ottawa Trl, Shelby! This stunning Lake Michigan home is situated in the ... |
3 beds | 3 baths | 1,559 sq.ft. |
$995,000 |
Airbnb cash on cash: N/A
|
279 Aspen Hill DriveShelby, MIWelcome to the Maple, our newest model! This newly constructed ranch home sits in the love... |
3 beds | 2 baths | 1,136 sq.ft. |
$199,000 |
Airbnb cash on cash: N/A
|
258 Willowside DriveShelby, MIAs you enter the ''The Tamarack'' enjoy the cozy yet open layout with spacious fully equip... |
3 beds | 2 baths | 1,330 sq.ft. |
$214,000 |
Airbnb cash on cash: N/A
|
290 Cherry StreetShelby, MIWelcome to your private oasis, just minutes from town and all its amenities. Pride of own... |
3 beds | 2 baths | 2,025 sq.ft. |
$275,000 |
Airbnb cash on cash: N/A
|
413 N Maple StreetShelby, MIWelcome to 413 Maple St in the charming village of Shelby. This beautifully updated corner... |
3 beds | 1 baths | 1,285 sq.ft. |
$188,900 |
Airbnb cash on cash: N/A
|
2845 S Oceana DriveShelby, MIThis 3 Bedroom home on a double lot is conveniently located close to schools, shopping and... |
3 beds | 1 baths | 1,329 sq.ft. |
$229,900 |
Airbnb cash on cash: N/A
|
265 Stonecrest DriveShelby, MIWelcome to Shelby Acres, The Elm. Here functionality meets comfort in a home that is both ... |
3 beds | 2 baths | 1,446 sq.ft. |
$234,000 |
Airbnb cash on cash: N/A
|
4622 W Buchanan RoadShelby, MIProperty is located next to Hart/Montague Rail Trail, wide open 11 acres. 2 bedroom, 1 ba... |
2 beds | 1 baths | 910 sq.ft. |
$315,000 |
Airbnb cash on cash: 4.28%
|
267 Stonecrest DriveShelby, MIWelcome to the Maple, our newest model! This newly constructed ranch home sits in the love... |
3 beds | 2 baths | 1,136 sq.ft. |
$199,000 |
Airbnb cash on cash: N/A
|
322 N State StreetShelby, MIConvenient one bedroom home perfect for retirement or starter home. Driveway is shared wit... |
1 beds | 1 baths | 589 sq.ft. |
$99,900 |
Airbnb cash on cash: N/A
|
1010 S 42nd AvenueShelby, MI**OPEN HOUSE THURSDAY 8/21: 5-7PM** Cozy 3-bedroom, 2-bath home nestled on 2.47 wooded acr... |
3 beds | 2 baths | 1,540 sq.ft. |
$225,000 |
Airbnb cash on cash: N/A
|
2509 S 40th AvenueShelby, MICustom New Construction in Benona Township, secluded country living only a few miles to Si... |
3 beds | 2 baths | 1,568 sq.ft. |
$599,900 |
Airbnb cash on cash: N/A
|
230 Elliott StreetShelby, MIWelcome to this inviting 4-bedroom, 2.5-bathroom home that blends rustic charm with modern... |
4 beds | 3 baths | 2,891 sq.ft. |
$439,999 |
Airbnb cash on cash: 2.43%
|
741 E Shelby RoadShelby, MIDiscover the ultimate outdoor lifestyle at this unique property. Imagine waking up to the ... |
3 beds | 1 baths | 1,875 sq.ft. |
$180,000 |
Airbnb cash on cash: N/A
|
9043 W Thomas StreetShelby, MIDiscover this charming 2-bedroom, 2-full-bathroom hidden gem, perfect for your year-round ... |
2 beds | 2 baths | 2,452 sq.ft. |
$399,000 |
Airbnb cash on cash: 3.25%
|
250 WillowsideShelby, MIWelcome to Shelby Acres! This new development will offer beautiful land affordable 3, or 4... |
3 beds | 2 baths | 1,330 sq.ft. |
$214,000 |
Airbnb cash on cash: N/A
|
281 Aspen Hill DriveShelby, MIWelcome to the Maple, our newest model! This newly constructed ranch home sits in the love... |
3 beds | 2 baths | 1,136 sq.ft. |
$199,000 |
Airbnb cash on cash: N/A
|
8867 W Garfield RoadShelby, MIGreat opportunity to own an investment property along the lakeshore. Currently a 4-unit ap... |
N/A beds | N/A baths | N/A |
$545,000 |
Airbnb cash on cash: N/A
|
648 S 18th AvenueShelby, MISecluded 2-bedroom, 1 bath single-wide manufactured home nestled on 4.16 peacefull acres. ... |
2 beds | 1 baths | 900 sq.ft. |
$179,900 |
Airbnb cash on cash: 9.64%
|
Lot 4 DevonwoodShelby, MIBrand new construction for a great price, Estimated January 2025 for completion. This is ... |
3 beds | 2 baths | 1,289 sq.ft. |
$239,900 |
Airbnb cash on cash: N/A
|
7570 W Warren RoadShelby, MINewly constructed home (barndominium) approximately 50% complete. 3,000+ Sq feet with atta... |
4 beds | 2 baths | 3,200 sq.ft. |
$509,000 |
Airbnb cash on cash: 1.86%
|
257 Aspen Hill DriveShelby, MIWelcome to Shelby Acres, Tamarack! As you enter you are greeted by a cozy, open layout tha... |
3 beds | 2 baths | 1,330 sq.ft. |
$214,000 |
Airbnb cash on cash: N/A
|
338 Valley StreetShelby, MIWelcome to 338 Valley Street â a clean, well-kept 3-bedroom, 2-bath ranch sitting just o... |
3 beds | 2 baths | 1,400 sq.ft. |
$250,000 |
Airbnb cash on cash: N/A
|
257 Willowside DriveShelby, MIWelcome to Shelby Acres, The Elm. Here functionality meets comfort in a home that is both ... |
3 beds | 2 baths | 1,446 sq.ft. |
$224,000 |
Airbnb cash on cash: N/A
|
1963 S Glen RoadShelby, MIAbsolutely stunning Lake Michigan home known as The Lake Tower! Over 4600 Square feet of f... |
5 beds | 6 baths | 4,628 sq.ft. |
$2,695,000 |
Airbnb cash on cash: -0.78%
|
9333 ErieShelby, MIWelcome to Cobmoosa Shores! This stunning home perched atop the dune offers sprawling vie... |
3 beds | 2 baths | 1,812 sq.ft. |
$674,900 |
Airbnb cash on cash: N/A
|
282 Walnut Street StreetShelby, MIWelcome to 282 Walnut Street! This charming and cozy 3 bedroom 1 bath home offers an expan... |
3 beds | 1 baths | 1,445 sq.ft. |
$149,000 |
Airbnb cash on cash: N/A
|
Real Estate investment in Shelby, MI
There are 37 properties for sale in the city of Shelby . The median list price in Shelby is $227,450 and the average price per square foot is $134. In September 2025, the average monthly cash on cash return in Shelby is 8.00%. The average monthly rental income in Shelby is $2,444.