Michigan Investment Property For Sale | MI Rental Income Properties

Michigan investment property for sale can include anything from single family homes to commercial buildings, and everything in between with a variety of cap rates. The key is to find a Michigan property that will generate income through rent or resale for investors. With the right research and analysis, identifying profitable cash flowing Michigan investment properties is easier than ever before to deliver you an excellent ROI.

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Real Estate Investments For Sale in Michigan

9340 Shaver Road is a clear span building that offers 14,436 SF of fully sprinkled, industrial space with 18-foot ceilings. ~1,500 SF of office space sits at the front of the building with a reception area, two private offices, two restrooms, and....

Investment Property |

MLS #24019368

 Industrial

$1,010,000 | Active Home listing

0 Beds | 4 Baths | 14,436 Sqft | 2 Acres Lot

9340 Shaver Road, Portage, MI 49024 Kalamazoo County

Industrial Details & Photos
Discover this charming brick colonial in Detroit. With three bedrooms, one full bathroom, and one half bathroom, this property offers comfortable living. Currently tenant-occupied, generating $900 per month in rental income. Well-maintained and....

Investment Property |

MLS #20240026648

 Single Family Residence

$55,000 | Active Home listing

3 Beds | 2 Baths | 1,371 Sqft | 0 Acres Lot

14292 EVANSTON Street, Detroit, MI 48213 Wayne County

Real Estate Details & Photos
This is an incredible opportunity to own a full share condominium unit in Downtown Traverse City. Walk/Bike to Downtown, Beaches, Library, NMC, Schools, TART Trail etc. The building is newer and well maintained. This 1 bedroom, 1 bathroom main....

Investment Property |

MLS #1921462

 Condominium

$188,000 | Active Home listing

1 Beds | 1 Baths | 444 Sqft | 0 Acres Lot

619 E Eighth Street, Traverse City, MI 49686 Grand Traverse County

Condo Unit Details & Photos
Discover an investment opportunity at 11895 Pierson. With three bedrooms, one bath, and a green exterior, this property offers potential for renovation or rental income. Currently occupied by a non-paying tenant, LAND CONTRACTS ARE ACCEPTED,....

Investment Property |

MLS #20240026639

 Single Family Residence

$49,900 | Active Home listing

3 Beds | 1 Baths | 1,020 Sqft | 0 Acres Lot

11895 PIERSON Street, Detroit, MI 48228 Wayne County

Real Estate Details & Photos
Calling all investors! Here is a property just for you, comes complete with a tenant who has a lease until 12/1/2025. This 2 bedroom 2 full bathroom home has a newer forced air furnace, has air conditioning and new roof shingles are on the back....

Investment Property |

MLS #50139800

 Single Family Residence

$55,000 | Active Home listing

2 Beds | 2 Baths | 890 Sqft | 0 Acres Lot

310 E Margaret, Iron Mountain, MI 49801 Dickinson County

Real Estate Details & Photos
Nice buildable lot. Public Water & Sewer..

Investment Property |

MLS #24019204

 Other

$40,000 | Active Home listing

0 Beds | 0 Baths | 0 Sqft | 0 Acres Lot

1542 Rathbone Street SW, Wyoming, MI 49509 Kent County

Listing Details & Photos
Enjoy an affordable, brand new home in Kent City! The Vienna model is a bi-level ranch with over 1930 square feet of remarkable finished space, three bedrooms, two baths, a living room and a family room. The home includes an attached two-car....

Investment Property |

MLS #24019076

 Single Family Residence

$309,900 | Active Home listing

3 Beds | 2 Baths | 1,974 Sqft | 1 Acres Lot

Lot C Peach Ridge Avenue NW, Kent City, MI 49330 Kent County

Real Estate Details & Photos
3 acres of buildable ground in Calvin township. Property used to have a manufactured home on it. There is an old well and septic on site. Condition of both is unknown. Please give us a call for more information..

Investment Property |

MLS #24019100

 Other

$59,000 | Active Home listing

0 Beds | 0 Baths | 0 Sqft | 3 Acres Lot

17475 Williamsville Street, Cassopolis, MI 49031 Cass County

Listing Details & Photos
ATTENTION INVESTORS! Apartment building in a prime location boasts 4 units fully occupied. This lucrative investment opportunity features modern updates and reliable tenants. With a desirable mix of (2) 2 bedroom & 1.5 bath units and (2) 1....

Investment Property |

MLS #24019107

 Other

$337,900 | Active Home listing

0 Beds | 0 Baths | 0 Sqft | 0 Acres Lot

216 Forest Street, Marshall, MI 49068 Calhoun County

Listing Details & Photos
Investment opportunity! Multifamily home with two units, each featuring 3 beds and 1 bath. Both units are tenant occupied, generating $1250 per month. Showings available Sundays only from 12-2pm. Buyers Agent To Verify All Information .

Investment Property |

MLS #20240026121

 Duplex

$75,000 | Active Home listing

0 Beds | 2 Baths | 2,600 Sqft | 0 Acres Lot

12638 SANTA ROSA Drive, Detroit, MI 48238 Wayne County

Duplex Details & Photos
*Great investment opportunity* Located in the heart of Detroit! Moments aways from Morningside, East English Village, and Grosse Pointe. With renovations, it can attract long-term tenants or be a profitable flip. Features include 1,494 sq.ft, 4....

Investment Property |

MLS #20240025977

 Single Family Residence

$69,000 | Active Home listing

4 Beds | 1 Baths | 1,494 Sqft | 0 Acres Lot

2516 DICKERSON Street, Detroit, MI 48215 Wayne County

Real Estate Details & Photos
Charming 2-bedroom, 1-bathroom home located in a quiet residential neighborhood. This cozy abode offers comfortable living spaces and convenient amenities. Non paying tenant. Buyers agent to verify all information. Land Contracts Accepted..

Investment Property |

MLS #20240026188

 Single Family Residence

$29,900 | Active Home listing

2 Beds | 1 Baths | 785 Sqft | 0 Acres Lot

18114 RUSSELL Street, Highland Park, MI 48203 Wayne County

Real Estate Details & Photos
(((oh))) W(@)W - - LOOK ! Finally I can discover the future of smart investing witha great TURNKEY investor special in the BOOMING city of Detroit: Certified, Rented and VERY Profitable! If you are looking for a hassle-free and lucrative....

Investment Property |

MLS #20240026199

 Single Family Residence

$106,800 | Active Home listing

3 Beds | 1 Baths | 900 Sqft | 0 Acres Lot

8611 WESTWOOD Street, Detroit, MI 48228 Wayne County

Real Estate Details & Photos
(((oh))) W(@)W - - LOOK ! Finally I can discover the future of smart investing witha great TURNKEY investor special in the BOOMING city of Detroit: Certified, Rented and VERY Profitable! If you are looking for a hassle-free and lucrative....

Investment Property |

MLS #20240026207

 Single Family Residence

$119,900 | Active Home listing

3 Beds | 2 Baths | 1,131 Sqft | 0 Acres Lot

14564 TERRY Street, Detroit, MI 48227 Wayne County

Real Estate Details & Photos
Explore this delightful 3-bedroom, 1-bathroom home located at 19945 Lindsay. Nestled in a serene neighborhood, this charming residence offers comfortable living spaces and convenient amenities, ideal for families or individuals seeking a cozy....

Investment Property |

MLS #20240026234

 Single Family Residence

$43,900 | Active Home listing

3 Beds | 1 Baths | 890 Sqft | 0 Acres Lot

19945 LINDSAY Street, Detroit, MI 48235 Wayne County

Real Estate Details & Photos
Discover a fantastic opportunity with this charming 2-bedroom, 1-bathroom ranch-style home located at 13166 Montville. Situated in a desirable neighborhood, this property offers great potential for investors or homebuyers looking for a....

Investment Property |

MLS #20240026263

 Single Family Residence

$33,900 | Active Home listing

2 Beds | 1 Baths | 818 Sqft | 0 Acres Lot

13166 MONTVILLE, Detroit, MI 48238 Wayne County

Real Estate Details & Photos
Discover this charming 2-bedroom, 1-bathroom ranch-style home with a 1-car garage located at 18520 Trinity. This property offers the convenience of LAND CONTRACTS BEING ACCEPTED, making it an attractive option for potential buyers. Please note....

Investment Property |

MLS #20240026259

 Single Family Residence

$42,900 | Active Home listing

2 Beds | 1 Baths | 732 Sqft | 0 Acres Lot

18520 TRINITY Street, Detroit, MI 48219 Wayne County

Real Estate Details & Photos
Step out your door to beautiful Big Manistique Lake just north of Curtis Michigan. Nestled amidst the tranquil beauty of the upper peninsula of Michigan, this charming condominium offers a rare opportunity to experience lakeside living at its....

Investment Property |

MLS #1921397

 Condominium

$155,000 | Active Home listing

3 Beds | 1 Baths | 763 Sqft | 0 Acres Lot

w16930 County Road H-33, McMillan, MI 49853 Mackinac County

Condo Unit Details & Photos
Nestled in East Detroit, this charming ranch has undergone a stunning renovation, making it a true gem. Currently leased to a fantastic tenant at $1300 monthly , it presents an enticing opportunity for investors seeking to expand their portfolios....

Investment Property |

MLS #20240025851

 Single Family Residence

$90,000 | Active Home listing

3 Beds | 2 Baths | 1,016 Sqft | 0 Acres Lot

19380 FAIRPORT Street, Detroit, MI 48205 Wayne County

Real Estate Details & Photos
Welcome to Oakwood Neighborhood where you will find this affordable investment. Currently leased until May 2025. Nice fenced back yard, full unfinished basement, appliances included, and a garage. Cute & quaint floor plan in an up and coming....

Investment Property |

MLS #24018984

 Single Family Residence

$139,900 | Active Home listing

2 Beds | 1 Baths | 576 Sqft | 0 Acres Lot

3617 Barnard Avenue, Kalamazoo, MI 49008 Kalamazoo County

Real Estate Details & Photos
ALL BRICK TWO FAMILY. EACH UNIT HAS FOUR BEDROOMS, LIVING RM, FORMAL DINING RM, KITCHEN, & FULL BATH. SEPARATE ENTRANCES, FURNACES, HOT WATER TANKS, & ELECTRIC FOR EACH UNIT. BASEMENT IS PARTITIONED IN HALF FOR EACH UNIT WITH LAUNDRY FACILITY.....

Investment Property |

MLS #20240025689

 Duplex

$274,900 | Active Home listing

0 Beds | 2 Baths | 2,652 Sqft | 0 Acres Lot

1951 CANTERBURY Street, Dearborn, MI 48120 Wayne County

Duplex Details & Photos
Welcome to this charming ranch-style duplex located in the heart of Ypsilanti, MI. This well-maintained property offers a rare opportunity for both investors and owner-occupants alike. Each spacious unit features 3 bedrooms, ensuring ample space....

Investment Property |

MLS #20240025665

 Other

$279,900 | Active Home listing

0 Beds | 2 Baths | 1,792 Sqft | 0 Acres Lot

434 JEFFERSON Street, Ypsilanti, MI 48197 Washtenaw County

Listing Details & Photos
Great investment opportunity! A nice side by side professionally managed, duplex in Kentwood! One unit has 4 bedrooms and 2 bathrooms the other is 3 bedrooms and 2 bathrooms. The property has a newer roof and a new furnace in one of the units....

Investment Property |

MLS #24019015

 Other

$385,000 | Active Home listing

0 Beds | 0 Baths | 0 Sqft | 0 Acres Lot

5773-5775 Christie Avenue SE, Kentwood, MI 49508 Kent County

Listing Details & Photos
Fully remodeled in 2023. Large fenced backyard. Quite dead end street. Property is tenant occupied. Lease expires July 31, 2025. Monthly lease payment $1,200. New owner to assume existing lease but has the right to give 90 day notice..

Investment Property |

MLS #20240025408

 Single Family Residence

$144,900 | Active Home listing

2 Beds | 1 Baths | 908 Sqft | 0 Acres Lot

35484 ELLEN Street, Clinton Township, MI 48035 Macomb County

Real Estate Details & Photos
Attention Investors! Nestled in the vibrant Morningside neighborhood, this multi-family gem boasts two spacious 2-bedroom units primed for income generation. Whether you're seeking passive income or a place to call home with rental potential, this....

Investment Property |

MLS #20240025374

 Other

$120,000 | Active Home listing

0 Beds | 2 Baths | 2,294 Sqft | 0 Acres Lot

4843 CHATSWORTH Street, Detroit, MI 48224 Wayne County

Listing Details & Photos
Nice 3-bedroom bungalow with a basement and a garage. Currently tenant occupied on a month-to-month basis with the tenant paying 1,100.00 per month. Please do not approach the home or the tenant to respect their privacy. ACCEPTED OFFER NEEDED....

Investment Property |

MLS #50139176

 Single Family Residence

$129,900 | Active Home listing

3 Beds | 1 Baths | 1,138 Sqft | 0 Acres Lot

22829 Normandy, Eastpointe, MI 48021-1876 Macomb County

Real Estate Details & Photos
Priced to sale quick. Attention Investors... this property is fully renovated, new roof, vacant, and ready for occupancy. Rents in the area exceed $1400 per month. Place a tenant and get a return on your investment right away! This would be a....

Investment Property |

MLS #24018600

 Single Family Residence

$69,999 | Active Home listing

4 Beds | 1 Baths | 2,948 Sqft | 0 Acres Lot

16775 Blackstone Street, Detroit, MI 48219 Wayne County

Real Estate Details & Photos
Prime investment property opportunity! 2,872 Sq Ft Multi Tenant Retail Space which is currently 100% leased. Lot is 1.5 Acres and offers room to expand existing building or add another one. Zoned B-2 and located in the City of Ovid. *This listing....

Investment Property |

MLS #50139181

 Other

$329,900 | Active Home listing

0 Beds | 0 Baths | 2,872 Sqft | 2 Acres Lot

9595 E M-21, Ovid, MI 48866 Clinton County

Listing Details & Photos
Dreaming of lakefront living? Look no further! 0.36 acres of property nestled on Gilead Shores, boasting a breathtaking 173 feet of serene lake frontage on Gilead Lake! Whether your envisioning tranquil mornings sipping coffee by the water or....

Investment Property |

MLS #24018543

 Other

$129,900 | Active Home listing

0 Beds | 0 Baths | 0 Sqft | 0 Acres Lot

Gilead Shores Drive, Bronson, MI 49028 Branch County

Listing Details & Photos
This is a wonderful investment opportunity for a 2-unit. Both units are occupied, tenants pay gas & electric & have separate utilities. You could live in one and rent out the other to make your mortgage payment! Or the home could easily be....

Investment Property |

MLS #24018793

 Other

$189,900 | Active Home listing

0 Beds | 0 Baths | 0 Sqft | 0 Acres Lot

111 S Clay Street, Sturgis, MI 49091 St. Joseph County

Listing Details & Photos
Nice 3 bedroom 1 bath home, currently tenant occupied. This home offers comfortable living space and a convenient layout. Property can be sold separately or as a package with 17695 Salem and 17235 Salem. Please contact listing agent for further....

Investment Property |

MLS #20240025268

 Single Family Residence

$85,000 | Active Home listing

3 Beds | 1 Baths | 960 Sqft | 0 Acres Lot

18495 SALEM Street, Detroit, MI 48219 Wayne County

Real Estate Details & Photos
Nice 3 bedroom 1 bath home, currently tenant occupied. This home offers comfortable living space and a convenient layout. Property can be sold separately or as a package with 17235 Salem and 18495 Salem. Please contact listing agent for further....

Investment Property |

MLS #20240025249

 Single Family Residence

$85,000 | Active Home listing

3 Beds | 1 Baths | 1,023 Sqft | 0 Acres Lot

17695 SALEM Street, Detroit, MI 48219 Wayne County

Real Estate Details & Photos
Calling all Commercial investors! This 7-unit cashcow is occupied with 5 performing long term tenants and has two vacant units that have been completely renovated and is ready for you to fill them! Currently grossing $3700/mo in rents, once fully....

Investment Property |

MLS #20240025229

 Other

$250,000 | Active Home listing

0 Beds | 7 Baths | 2,744 Sqft | 0 Acres Lot

34 W Cicotte Street, River Rouge, MI 48218 Wayne County

Listing Details & Photos
Peace and privacy are yours at this well-maintained contemporary home on over an acre just outside of charming downtown Pinckney! Tucked back on a quiet cul-de-sac just minutes from the Portage and Halfmoon chains, the area's best parks and nature....

Investment Property |

MLS #24018305

 Single Family Residence

$425,000 | Active Home listing

3 Beds | 3 Baths | 2,115 Sqft | 1 Acres Lot

10777 Pondside Court, Pinckney, MI 48169 Livingston County

Real Estate Details & Photos
Welcome to this fantastic opportunity to own a well-maintained duplex in Grand Rapids. Perfectly situated on the northwest side, this property offers convenience, comfort, and investment potential all in one.Newer roof and mechanicals. Upstairs....

Investment Property |

MLS #24018271

 Other

$289,900 | Active Home listing

0 Beds | 0 Baths | 0 Sqft | 0 Acres Lot

1350 Leonard Street NW, Grand Rapids, MI 49504 Kent County

Listing Details & Photos
Commercial building in the heart of bustling downtown Sturgis. This property sits on one of the premier locations Sturgis has to offer. With an abundance of apartments as well as restaurants, movie theatre, coffee shop and shopping all within the....

Investment Property |

MLS #24018193

 Other

$120,000 | Active Home listing

0 Beds | 1 Baths | 2,800 Sqft | 0 Acres Lot

205 chicago, Sturgis, MI 49091 St. Joseph County

Listing Details & Photos
BEST PRICED Sunset Shores home. Peek A Boo view of Main Canadian Lake-- Split floor plan with open great room with screened porch access. Sunset Shores amenities, including lawn care, trash pick up, gated entry, community center, walking paths....

Investment Property |

MLS #24018532

 Single Family Residence

$164,900 | Active Home listing

3 Beds | 2 Baths | 1,800 Sqft | 0 Acres Lot

7635 Sunset Shores Drive, Canadian Lakes, MI 49346 Mecosta County

Real Estate Details & Photos
Charming cedar home nestled in the heart of Harrison Township! Great room with cathedral ceiling and abundant natural light. Open kitchen and dining concept. Primary bedroom with en suite. First floor laundry. Attached garage. Door wall off....

Investment Property |

MLS #20240024575

 Single Family Residence

$250,000 | Active Home listing

3 Beds | 3 Baths | 1,524 Sqft | 0 Acres Lot

39661 ARBOR Street, Harrison Township, MI 48045 Macomb County

Real Estate Details & Photos
Lake Front! This property sits on 6 lots with a beautiful view of the lake! It's waiting for you to make it your own. Value is in the LAND!! Seller reserves- Boat, jet ski and trailer.

Investment Property |

MLS #24017920

 Single Family Residence

$130,000 | Active Home listing

2 Beds | 1 Baths | 1,000 Sqft | 0 Acres Lot

828 E M L King Drive, Idlewild, MI 49642 Lake County

Real Estate Details & Photos

Michigan Residential Income Property

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Traditional Rental Property For Sale In Michigan Under $250,000

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MI Airbnb Investment Property

Airbnb Investment Property For Sale In Michigan Under $250,000

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Michigan Real Estate Investments

Real estate investing in Michigan can be a lucrative opportunity for investors looking to generate passive income and build their real estate investment portfolio. With a wide range of options available, including residential income and commercial properties, Michigan investors can strategically choose their investments based on factors such as rental gross yield and potential return on investment (ROI). Michigan’s robust rental market offers the potential for steady cash flow, as the demand for rental properties remains high in many neighborhoods.

When buying an investment property in Michigan, it is essential to consider the neighborhood rating. A thriving Michigan neighborhood with amenities, good schools, and proximity to transportation can attract reliable tenants and ensure a higher rental income. Additionally, Michigan investors may explore financing options such as hard money mortgage loans to leverage their property investments and maximize their returns. Meetings connected investors can help gain access to off market Michigan investment properties or pre-foreclosure homes. By analyzing the potential rental income, expenses, and loan terms, investors can determine the cash flow and traditional ROI of their Michigan investment property to make informed landlord decisions.

Nearby Cash Flowing Investment Properties

The consumer information featured on our website is supplied by third party resources. In some cases the owner directly will supply the IDX data and in other cases third party traditional residential real estate listing services or MLS. While we do everything in our power to ensure the information is as accurate as possible but we can in no capacity, guarantee the traditional housing or multi-family home information sourced here is 100% accurate. All real estate investor should do their own due diligence and further research before engaging in a traditional investment opportunity property purchase based on the data and information provided here. The traditional real estate information here is deemed reliable but not guaranteed to be accurate to buy real estate investments. To protect consumers, we ask you please verify all aspects with a realty broker, Realtor or homes real estate agent including walk score, income, gross yield, crime index, condo association, neighborhood rating, average listing price / median list price, address, bedrooms / bed, bathrooms / bath, sq ft, lot size, cash yield, cap rate, higher yield potential, gross revenue, cash flow, ROI, and yield. In many cases the information may not be verified further than the source that provided it to us via the internet data exchange based on 15 min ago updates. This includes all data and information shown about the traditional residential income properties, locations, county avg, city, sqft single or sqft single family and multi-family homes, zip code, year built, mortgage rate, regulations and any other details found here before you invest. Airdeed Homes does not analyze property, own, manage and is not in any way associated with in a real estate transaction or sales capacity any of the vacation home shown here for sale. Images or Photography are subject to copyright DMCA takedown request from owner and photographer have all rights reserved but you may save share them.