Real Estate Investment Properties for Sale in Detroit, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
18217 SANTA ROSA Drive Detroit, MI Remarks: TENANT IN PLACE TO INCREASE YOUR PORTFOLIO 0R TO LIVE IN. AS IS SALE ONLY. 24 HO...	3 beds \| 1 baths \| 1,398 sq.ft.	$160,000	Airbnb cash on cash: 9.54% Traditional cash on cash: 8.28% Airbnb Rental Income: $2470 Traditional Rental Income: $1677 Airbnb ROI: 9.54% Traditional ROI: 8.28%
5069 YORKSHIRE Road Detroit, MI Welcome to this stunning 4-bedroom, 2-bathroom gem in the heart of East English Village! C...	4 beds \| 2 baths \| 1,399 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 8% Airbnb Rental Income: $null Traditional Rental Income: $2165 Airbnb ROI: N/A Traditional ROI: 8%
15 E KIRBY Street #725 Detroit, MI Beautiful 2 Bedroom Condo in Historic Park Shelton Condominiums facing North with View of ...	2 beds \| 2 baths \| 1,130 sq.ft.	$263,900	Airbnb cash on cash: -0.54% Traditional cash on cash: 2.88% Airbnb Rental Income: $1757 Traditional Rental Income: $2128 Airbnb ROI: -0.54% Traditional ROI: 2.88%
1300 E LAFAYETTE Street #1509 Detroit, MI Welcome to your upper level unit ( 15th floor) with window views of Detroit and Detroit's ...	1 beds \| 1 baths \| 800 sq.ft.	$100,000	Airbnb cash on cash: -3.34% Traditional cash on cash: 0.85% Airbnb Rental Income: $1499 Traditional Rental Income: $1468 Airbnb ROI: -3.34% Traditional ROI: 0.85%
3320 Spinnaker Lane #7A Detroit, MI	2 beds \| 2 baths \| 1,090 sq.ft.	$245,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 3.1% Airbnb Rental Income: $2150 Traditional Rental Income: $1994 Airbnb ROI: 1.41% Traditional ROI: 3.1%
17152 ROSELAWN Street Detroit, MI Great investment opportunity in the Bagley Area! Currently leased as a multi-family with b...	N/A beds \| 2 baths \| 1,726 sq.ft.	$170,000	Airbnb cash on cash: -1.7% Traditional cash on cash: 10.01% Airbnb Rental Income: $465 Traditional Rental Income: $2097 Airbnb ROI: -1.7% Traditional ROI: 10.01%
15941 KRAMER Street Detroit, MI Great investment opportunity with this performing turnkey asset with long term tenants (15...	N/A beds \| 2 baths \| 1,714 sq.ft.	$115,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.02% Airbnb Rental Income: $null Traditional Rental Income: $1621 Airbnb ROI: N/A Traditional ROI: 11.02%
8873 Rutherford Street Detroit, MI Opportunity* 1 unit is vacant and could use some TLC. While the other is occupied at $80...	N/A beds \| N/A baths \| N/A	$124,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.54% Airbnb Rental Income: $null Traditional Rental Income: $1314 Airbnb ROI: N/A Traditional ROI: 7.54%
12722 Stoepel Street Detroit, MI Mechanically sound building perfect for investors! This brick multi-family property featur...	N/A beds \| N/A baths \| N/A	$130,000	Airbnb cash on cash: 3.37% Traditional cash on cash: 7.27% Airbnb Rental Income: $1210 Traditional Rental Income: $1307 Airbnb ROI: 3.37% Traditional ROI: 7.27%
3417 LONGFELLOW Street Detroit, MI Four-unit brick building. Each unit features two bedrooms and one bathroom, spanning two s...	N/A beds \| 3 baths \| 2,862 sq.ft.	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.11% Airbnb Rental Income: $null Traditional Rental Income: $1983 Airbnb ROI: N/A Traditional ROI: 5.11%
18419 Appoline Street Detroit, MI *One-of-a-kind, Stunning Colonial* Discover this completely remodeled, designer-inspir...	3 beds \| 2 baths \| 2,788 sq.ft.	$239,900	Airbnb cash on cash: 5.82% Traditional cash on cash: 8.77% Airbnb Rental Income: $2422 Traditional Rental Income: $2499 Airbnb ROI: 5.82% Traditional ROI: 8.77%
1606 Gladstone Street Detroit, MI Great Investment opportunity as a blank slate property, 4 units, 2 bed one bath with in un...	N/A beds \| N/A baths \| N/A	$250,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 3.17% Airbnb Rental Income: $743 Traditional Rental Income: $1400 Airbnb ROI: -0.94% Traditional ROI: 3.17%
3783 FULLERTON Street Detroit, MI Freshly renovated, brick colonial home in historic Russell Woods. This house is a true hom...	3 beds \| 2 baths \| 1,948 sq.ft.	$245,000	Airbnb cash on cash: 4.61% Traditional cash on cash: 8.62% Airbnb Rental Income: $2040 Traditional Rental Income: $2438 Airbnb ROI: 4.61% Traditional ROI: 8.62%
556 Leicester Court Detroit, MI Finished remodeling in 2023 - Extensive renovation down to the studs for this four- bedro...	3 beds \| 1 baths \| 1,400 sq.ft.	$150,000	Airbnb cash on cash: 8.04% Traditional cash on cash: 8.99% Airbnb Rental Income: $2065 Traditional Rental Income: $1668 Airbnb ROI: 8.04% Traditional ROI: 8.99%
4118 WESTERN ST Detroit, MI This is a Fannie Mae Homepath Property. Extensively updated 3 bedroom Bungalow that featur...	3 beds \| 1 baths \| 990 sq.ft.	$139,900	Airbnb cash on cash: 6.96% Traditional cash on cash: 7.67% Airbnb Rental Income: $1704 Traditional Rental Income: $1326 Airbnb ROI: 6.96% Traditional ROI: 7.67%
17344 GREENLAWN Street Detroit, MI Welcome to timeless elegance in this stunning brick colonial, nestled in the sought-after ...	3 beds \| 2 baths \| 1,745 sq.ft.	$299,000	Airbnb cash on cash: 4.58% Traditional cash on cash: 6.54% Airbnb Rental Income: $2422 Traditional Rental Income: $2380 Airbnb ROI: 4.58% Traditional ROI: 6.54%
16875 MARLOWE Street Detroit, MI This charming brick home offers 3 bedrooms, 1.5 baths, and 1,824 sq. ft. of living space. ...	3 beds \| 2 baths \| 1,374 sq.ft.	$159,900	Airbnb cash on cash: 1.93% Traditional cash on cash: 11.37% Airbnb Rental Income: $1024 Traditional Rental Income: $2105 Airbnb ROI: 1.93% Traditional ROI: 11.37%
15930 TURNER Street Detroit, MI Welcome to 15930 Turner Street! This spacious, 1,856 sq. ft., two-story home boasts classi...	N/A beds \| 2 baths \| 1,856 sq.ft.	$99,900	Airbnb cash on cash: -3.59% Traditional cash on cash: 9.11% Airbnb Rental Income: $465 Traditional Rental Income: $1432 Airbnb ROI: -3.59% Traditional ROI: 9.11%
8200 E Jefferson Avenue #1403 Detroit, MI Welcome home to this gorgeous 2 bed/2 bath condo located in the heart of the city. Step in...	2 beds \| 2 baths \| 1,142 sq.ft.	$175,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 3.63% Airbnb Rental Income: $1833 Traditional Rental Income: $2031 Airbnb ROI: -0.53% Traditional ROI: 3.63%
8162 E JEFFERSON Avenue #2A Detroit, MI Experience the epitome of luxury living in this exquisite private residence at the histori...	3 beds \| 3 baths \| 2,540 sq.ft.	$299,900	Airbnb cash on cash: -8.02% Traditional cash on cash: -5.68% Airbnb Rental Income: $3421 Traditional Rental Income: $3325 Airbnb ROI: -8.02% Traditional ROI: -5.68%
644 MELBOURNE Street Detroit, MI Welcome to this charming North End home, nestled in the heart of Detroit's vibrant resurge...	4 beds \| 3 baths \| 1,738 sq.ft.	$329,000	Airbnb cash on cash: 8.33% Traditional cash on cash: 6.39% Airbnb Rental Income: $4155 Traditional Rental Income: $2675 Airbnb ROI: 8.33% Traditional ROI: 6.39%
5907 IROQUOIS Street Detroit, MI Discover a prime investment opportunity with this four-unit multifamily property located a...	N/A beds \| 5 baths \| 4,680 sq.ft.	$450,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 5.42% Airbnb Rental Income: $2387 Traditional Rental Income: $3498 Airbnb ROI: 1.39% Traditional ROI: 5.42%
250 E HARBORTOWN Drive #1405 Detroit, MI Two bedroom condo with incredible East facing Detroit River views & NEZ tax abatement now ...	2 beds \| 2 baths \| 1,023 sq.ft.	$299,500	Airbnb cash on cash: 1.3% Traditional cash on cash: 3.57% Airbnb Rental Income: $2150 Traditional Rental Income: $2243 Airbnb ROI: 1.3% Traditional ROI: 3.57%
19901 KENTFIELD Street Detroit, MI Agent is the Owner 3 bedroom; 1.5 bath ranch located in a nice neighborhood. Master ...	3 beds \| 2 baths \| 1,153 sq.ft.	$155,000	Airbnb cash on cash: 6.99% Traditional cash on cash: 9.92% Airbnb Rental Income: $1991 Traditional Rental Income: $1905 Airbnb ROI: 6.99% Traditional ROI: 9.92%
8542 IRONWOOD Street Detroit, MI Presenting a remarkable investment opportunity in the heart of Detroitâa four-unit brick...	N/A beds \| 4 baths \| 3,426 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.55% Airbnb Rental Income: $null Traditional Rental Income: $2795 Airbnb ROI: N/A Traditional ROI: 7.55%
6524 BRACE Street Detroit, MI BUILT IN 2006!! Newly built bungalow home located in appealing Warrendale sub! 3 bedrooms,...	2 beds \| 2 baths \| 806 sq.ft.	$144,900	Airbnb cash on cash: 4.6% Traditional cash on cash: 9.5% Airbnb Rental Income: $1475 Traditional Rental Income: $1720 Airbnb ROI: 4.6% Traditional ROI: 9.5%
19719 Bretton Drive Detroit, MI Back on market after repairs. This Stately North Rosedale Park home has come back on the ...	4 beds \| 4 baths \| 2,150 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.84% Airbnb Rental Income: $null Traditional Rental Income: $3367 Airbnb ROI: N/A Traditional ROI: 7.84%
9151 Mansfield Street Detroit, MI **Opportunity This duplex property is turn key, not to mention each unit is occupied a...	N/A beds \| N/A baths \| N/A	$124,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.51% Airbnb Rental Income: $null Traditional Rental Income: $1314 Airbnb ROI: N/A Traditional ROI: 7.51%

Real Estate investment in Detroit, MI

There are 682 properties for sale in the city of Detroit . The median list price in Detroit is $122,750 and the average price per square foot is $78. In November 2024, the average monthly cash on cash return in Detroit is 12.00%. The average monthly rental income in Detroit is $1,756.

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

There are 682 investment properties available for sale in Detroit.

In 2024, the best neighborhood to buy investment property is Indian Village.

The ROI for Short-Term is higher than the Long-Term in Detroit with average rental income of $1,833.

Your search for investment property begins and ends here

Investment Property for Sale in Detroit, MI

18217 SANTA ROSA Drive

Detroit, MI

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

$160,000

Airbnb cash on cash: 9.54%

Traditional cash on cash: 8.28%

Airbnb Rental Income: $2470

Traditional Rental Income: $1677

Airbnb ROI: 9.54%

Traditional ROI: 8.28%

5069 YORKSHIRE Road

Detroit, MI

4 beds | 2 baths | 1,399 sq.ft.

$229,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8%

Airbnb Rental Income: $null

Traditional Rental Income: $2165

Airbnb ROI: N/A

Traditional ROI: 8%

15 E KIRBY Street #725

Detroit, MI

2 beds | 2 baths | 1,130 sq.ft.

$263,900

Airbnb cash on cash: -0.54%

Traditional cash on cash: 2.88%

Airbnb Rental Income: $1757

Traditional Rental Income: $2128

Airbnb ROI: -0.54%

Traditional ROI: 2.88%

1300 E LAFAYETTE Street #1509

Detroit, MI

1 beds | 1 baths | 800 sq.ft.

$100,000

Airbnb cash on cash: -3.34%

Traditional cash on cash: 0.85%

Airbnb Rental Income: $1499

Traditional Rental Income: $1468

Airbnb ROI: -3.34%

Traditional ROI: 0.85%

3320 Spinnaker Lane #7A

Detroit, MI

2 beds | 2 baths | 1,090 sq.ft.

$245,000

Airbnb cash on cash: 1.41%

Traditional cash on cash: 3.1%

Airbnb Rental Income: $2150

Traditional Rental Income: $1994

Airbnb ROI: 1.41%

Traditional ROI: 3.1%

17152 ROSELAWN Street

Detroit, MI

N/A beds | 2 baths | 1,726 sq.ft.

$170,000

Airbnb cash on cash: -1.7%

Traditional cash on cash: 10.01%

Airbnb Rental Income: $465

Traditional Rental Income: $2097

Airbnb ROI: -1.7%

Traditional ROI: 10.01%

15941 KRAMER Street

Detroit, MI

N/A beds | 2 baths | 1,714 sq.ft.

$115,000

Airbnb cash on cash: N/A

Traditional cash on cash: 11.02%

Airbnb Rental Income: $null

Traditional Rental Income: $1621

Airbnb ROI: N/A

Traditional ROI: 11.02%

8873 Rutherford Street

Detroit, MI

N/A beds | N/A baths | N/A

$124,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.54%

Airbnb Rental Income: $null

Traditional Rental Income: $1314

Airbnb ROI: N/A