Real Estate Investment Properties for Sale in Shelbyville, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1116 128th Avenue Shelbyville, MI Charming Ranch Home with Heated Auto Workshop, XTRA Barn & Storage Sheds - Dead-End Street...	3 beds \| 1 baths \| 1,117 sq.ft.	$289,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 5.04% Airbnb Rental Income: $1062 Traditional Rental Income: $1871 Airbnb ROI: 0.74% Traditional ROI: 5.04%
5289 Marsh Road Shelbyville, MI Open House Saturday, Jan 10th 10:30-12:00!! Beautifully updated and handicap accessible 4-...	4 beds \| 2 baths \| 1,896 sq.ft.	$310,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 7.34% Airbnb Rental Income: $1705 Traditional Rental Income: $2682 Airbnb ROI: 2.37% Traditional ROI: 7.34%
11633 Marsh Road Shelbyville, MI Stunning Lake House Retreat Enjoy 59 feet of pristine waterfrontage complete with a sandy ...	4 beds \| 2 baths \| 2,560 sq.ft.	$550,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 4.22% Airbnb Rental Income: $1705 Traditional Rental Income: $3025 Airbnb ROI: 0.73% Traditional ROI: 4.22%
Investment Properties for Sale in Other Cities of Michigan
18217 Santa Rosa Dr Detroit , MI TENANT IN PLACE TO INCREASE YOUR PORTFOLIO 0R TO LIVE IN. AS IS SALE ONLY. 24 HOUR NOTICE ...	3 beds \| 1 baths \| 1,398 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.57% Airbnb Rental Income: $null Traditional Rental Income: $1677 Airbnb ROI: N/A Traditional ROI: 8.57%
5840 Northfield Pkwy Troy , MI ***This appealing condo was put on the market during the government shutdown and on into t...	3 beds \| 1 baths \| 1,410 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $2072 Airbnb ROI: N/A Traditional ROI: 3.76%
2875 Trailwood Lane Ann Arbor , MI Ann Arbor Twp Property Rare 10-acre Ann Arbor estate offering exceptional privacy, versati...	4 beds \| 4 baths \| 2,701 sq.ft.	$989,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.74% Airbnb Rental Income: $null Traditional Rental Income: $3329 Airbnb ROI: N/A Traditional ROI: 1.74%
3155 La Salle Drive Ann Arbor , MI Live 10 minutes from downtown Ann Arbor with a native wildflower meadow in your yard! Lovi...	3 beds \| 1 baths \| 1,220 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.05% Airbnb Rental Income: $null Traditional Rental Income: $2202 Airbnb ROI: N/A Traditional ROI: 3.05%
600 Monroe Avenue NW unit: 406 #406 Grand Rapids , MI Penthouse Perfection at Monroe Terrace! Experience downtown living at its finest in this s...	3 beds \| 3 baths \| 2,355 sq.ft.	$865,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.33% Airbnb Rental Income: $null Traditional Rental Income: $2838 Airbnb ROI: N/A Traditional ROI: 0.33%
1689 Morning Dew Drive SW Byron Center , MI You will LOVE this Farmhouse-style 2 story home nestled in the very sought-after Byron Cen...	4 beds \| 4 baths \| 2,650 sq.ft.	$485,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.07% Airbnb Rental Income: $null Traditional Rental Income: $2875 Airbnb ROI: N/A Traditional ROI: 4.07%
108 Henderson Place Cadillac , MI Even more adorable and cozy than it looks! This turn key tiny home is well built, is full ...	1 beds \| 1 baths \| 400 sq.ft.	$149,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.87% Airbnb Rental Income: $null Traditional Rental Income: $735 Airbnb ROI: N/A Traditional ROI: 2.87%
549 Detroit St Au Gres , MI Over 88' of frontage along the Au Gres River awaits with this riverfront property! Just a ...	2 beds \| 1 baths \| 1,248 sq.ft.	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.4% Airbnb Rental Income: $null Traditional Rental Income: $1785 Airbnb ROI: N/A Traditional ROI: 5.4%
2839 Ruby Street Traverse City , MI Maintenance free living in the heart of it all allows for you to never worry about lawn an...	3 beds \| 2 baths \| 1,648 sq.ft.	$453,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.54% Airbnb Rental Income: $null Traditional Rental Income: $2358 Airbnb ROI: N/A Traditional ROI: 3.54%
3948 Sherwood Forest Drive Traverse City , MI Priced to sell at $285,000! Enjoy easy, low-maintenance living in this 2BR/1.5BA condo in ...	2 beds \| 2 baths \| 1,728 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.92% Airbnb Rental Income: $null Traditional Rental Income: $2306 Airbnb ROI: N/A Traditional ROI: 5.92%
535 Woodland St Detroit , MI Beautiful home with natural hardwood floors and original touches such as crown moldings. G...	3 beds \| 2 baths \| 1,472 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.23% Airbnb Rental Income: $null Traditional Rental Income: $1584 Airbnb ROI: N/A Traditional ROI: 7.23%
2900 E Jefferson Ave #C4 Detroit , MI 2 Bedroom, 2.5 bath condo in the fully remodeled Albert Kahn building, Garden Court, locat...	3 beds \| 2 baths \| 2,883 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.12% Airbnb Rental Income: $null Traditional Rental Income: $2255 Airbnb ROI: N/A Traditional ROI: 1.12%

Real Estate investment in Shelbyville, MI

There are 3 properties for sale in the city of Shelbyville . The median list price in Shelbyville is $355,449 and the average price per square foot is $160. In March 2026, the average monthly cash on cash return in Shelbyville is 5.00%. The average monthly rental income in Shelbyville is $2,682.

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

There are 3 investment properties available for sale in Shelbyville.

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

The ROI for Long-Term is higher than the Short-Term in Shelbyville with average rental income of $2,682.

Your search for investment property begins and ends here

Investment Property for Sale in Shelbyville, MI

1116 128th Avenue

Shelbyville, MI

3 beds | 1 baths | 1,117 sq.ft.

$289,900

Airbnb cash on cash: 0.74%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $1062

Traditional Rental Income: $1871

Airbnb ROI: 0.74%

Traditional ROI: 5.04%

5289 Marsh Road

Shelbyville, MI

4 beds | 2 baths | 1,896 sq.ft.

$310,000

Airbnb cash on cash: 2.37%

Traditional cash on cash: 7.34%

Airbnb Rental Income: $1705

Traditional Rental Income: $2682

Airbnb ROI: 2.37%

Traditional ROI: 7.34%

11633 Marsh Road

Shelbyville, MI

4 beds | 2 baths | 2,560 sq.ft.

$550,000

Airbnb cash on cash: 0.73%

Traditional cash on cash: 4.22%

Airbnb Rental Income: $1705

Traditional Rental Income: $3025

Airbnb ROI: 0.73%

Traditional ROI: 4.22%

Investment Properties for Sale in Other Cities of Michigan

Detroit , MI

3 beds | 1 baths | 1,398 sq.ft.

$155,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.57%

Airbnb Rental Income: $null

Traditional Rental Income: $1677

Airbnb ROI: N/A

Traditional ROI: 8.57%

Troy , MI

3 beds | 1 baths | 1,410 sq.ft.

$274,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2072

Airbnb ROI: N/A

Traditional ROI: 3.76%

Ann Arbor , MI

4 beds | 4 baths | 2,701 sq.ft.

$989,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.74%

Airbnb Rental Income: $null

Traditional Rental Income: $3329

Airbnb ROI: N/A

Traditional ROI: 1.74%

Ann Arbor , MI

3 beds | 1 baths | 1,220 sq.ft.

$349,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.05%

Airbnb Rental Income: $null

Traditional Rental Income: $2202

Airbnb ROI: N/A

Traditional ROI: 3.05%

Grand Rapids , MI

3 beds | 3 baths | 2,355 sq.ft.

$865,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.33%

Airbnb Rental Income: $null

Traditional Rental Income: $2838

Airbnb ROI: N/A

Traditional ROI: 0.33%

Byron Center , MI

4 beds | 4 baths | 2,650 sq.ft.

$485,000