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.

Condos for Sale in Shelby, MI

Search for Condo for Sale in Shelby, Michigan. Browse all of Mashvisor’s Condo listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 3 Condo listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
251 Stonecrest Drive Shelby, MI This like new ranch is located on the beautiful hillside of Shelby Acres. Enjoy the sunset...	3 beds \| 2 baths \| 1,136 sq.ft.	$214,900	Airbnb cash on cash: 0.34% Traditional cash on cash: 6.78% Airbnb Rental Income: $1076 Traditional Rental Income: $2019 Airbnb ROI: 0.34% Traditional ROI: 6.78%
193 Devonwood Drive Shelby, MI Beautifully built 2-bedroom, 2-bath condo featuring a full walkout basement and attached g...	2 beds \| 2 baths \| 1,142 sq.ft.	$215,000	Airbnb cash on cash: -1.46% Traditional cash on cash: 9.81% Airbnb Rental Income: $770 Traditional Rental Income: $2749 Airbnb ROI: -1.46% Traditional ROI: 9.81%
Devonwood lot: 4 Shelby, MI Brand new construction for a great price, Estimated January 2025 for completion. This is a...	3 beds \| 2 baths \| 1,289 sq.ft.	$239,900	Airbnb cash on cash: 0.19% Traditional cash on cash: 7.46% Airbnb Rental Income: $1076 Traditional Rental Income: $2357 Airbnb ROI: 0.19% Traditional ROI: 7.46%
Other Investment Properties for Sale in Shelby
7570 W Warren Road Shelby , MI Welcome to Lazy Acres. Opportunity, space, and potential come together at this nearly comp...	4 beds \| 3 baths \| 3,200 sq.ft.	$499,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 6.54% Airbnb Rental Income: $1019 Traditional Rental Income: $3871 Airbnb ROI: -0.34% Traditional ROI: 6.54%
277 Aspen Hill Drive Shelby , MI Welcome 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: -0.42% Traditional cash on cash: 7.35% Airbnb Rental Income: $1019 Traditional Rental Income: $2631 Airbnb ROI: -0.42% Traditional ROI: 7.35%
2249 E Ferry Street Shelby , MI This move in ready home offers comfort and potential. The interior features a welcoming li...	2 beds \| 1 baths \| 741 sq.ft.	$180,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 7.16% Airbnb Rental Income: $774 Traditional Rental Income: $1531 Airbnb ROI: 0.88% Traditional ROI: 7.16%
313 S Stone Church Shelby , MI Escape to your own private stretch of Lake Michigan shoreline, where luxury, privacy, and ...	3 beds \| 3 baths \| 2,030 sq.ft.	$1,300,000	Airbnb cash on cash: -1.5% Traditional cash on cash: 0.65% Airbnb Rental Income: $1076 Traditional Rental Income: $3306 Airbnb ROI: -1.5% Traditional ROI: 0.65%
1723 W Warren Road Shelby , MI Discover the perfect blend of comfort, privacy, and natural beauty with this exceptional 3...	3 beds \| 2 baths \| 1,456 sq.ft.	$295,900	Airbnb cash on cash: 0.86% Traditional cash on cash: 7.22% Airbnb Rental Income: $1076 Traditional Rental Income: $2479 Airbnb ROI: 0.86% Traditional ROI: 7.22%
2680 S 132nd Avenue Shelby , MI Welcome to this charming 2-bedroom, 1-bath home built in 2019, located in the peaceful set...	2 beds \| 1 baths \| 823 sq.ft.	$379,900	Airbnb cash on cash: -0.72% Traditional cash on cash: 2.82% Airbnb Rental Income: $774 Traditional Rental Income: $1718 Airbnb ROI: -0.72% Traditional ROI: 2.82%
VL 2.83A N Oceana Dr Shelby , MI VL 2.83A N Oceana Dr, Shelby, MI 49455 \| Other	N/A beds \| N/A baths \| N/A	$59,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.79% Airbnb Rental Income: $null Traditional Rental Income: $890 Airbnb ROI: N/A Traditional ROI: 10.79%

Your search for investment property begins and ends here

Condos for Sale in Shelby, MI

251 Stonecrest Drive

Shelby, MI

3 beds | 2 baths | 1,136 sq.ft.

$214,900

Airbnb cash on cash: 0.34%

Traditional cash on cash: 6.78%

Airbnb Rental Income: $1076

Traditional Rental Income: $2019

Airbnb ROI: 0.34%

Traditional ROI: 6.78%

193 Devonwood Drive

Shelby, MI

2 beds | 2 baths | 1,142 sq.ft.

$215,000

Airbnb cash on cash: -1.46%

Traditional cash on cash: 9.81%

Airbnb Rental Income: $770

Traditional Rental Income: $2749

Airbnb ROI: -1.46%

Traditional ROI: 9.81%

Devonwood lot: 4

Shelby, MI

3 beds | 2 baths | 1,289 sq.ft.

$239,900

Airbnb cash on cash: 0.19%

Traditional cash on cash: 7.46%

Airbnb Rental Income: $1076

Traditional Rental Income: $2357

Airbnb ROI: 0.19%

Traditional ROI: 7.46%

Other Investment Properties for Sale in Shelby

7570 W Warren Road

Shelby , MI

4 beds | 3 baths | 3,200 sq.ft.

$499,000

Airbnb cash on cash: -0.34%

Traditional cash on cash: 6.54%

Airbnb Rental Income: $1019

Traditional Rental Income: $3871

Airbnb ROI: -0.34%

Traditional ROI: 6.54%

277 Aspen Hill Drive

Shelby , MI

4 beds | 2 baths | 1,706 sq.ft.

$269,000

Airbnb cash on cash: -0.42%

Traditional cash on cash: 7.35%

Airbnb Rental Income: $1019

Traditional Rental Income: $2631

Airbnb ROI: -0.42%

Traditional ROI: 7.35%

2249 E Ferry Street

Shelby , MI

2 beds | 1 baths | 741 sq.ft.

$180,000

Airbnb cash on cash: 0.88%

Traditional cash on cash: 7.16%

Airbnb Rental Income: $774

Traditional Rental Income: $1531

Airbnb ROI: 0.88%

Traditional ROI: 7.16%

313 S Stone Church

Shelby , MI

3 beds | 3 baths | 2,030 sq.ft.

$1,300,000

Airbnb cash on cash: -1.5%

Traditional cash on cash: 0.65%

Airbnb Rental Income: $1076

Traditional Rental Income: $3306

Airbnb ROI: -1.5%

Traditional ROI: 0.65%

1723 W Warren Road

Shelby , MI

3 beds | 2 baths | 1,456 sq.ft.

$295,900

Airbnb cash on cash: 0.86%

Traditional cash on cash: 7.22%

Airbnb Rental Income: $1076

Traditional Rental Income: $2479