Real Estate Investment Properties for Sale in Ferndale, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
768 Pinecrest Drive Ferndale, MI Back on market after repairs, this Cozy remodeled home on large corner double lot accross ...	3 beds \| 2 baths \| 1,440 sq.ft.	$369,900	Airbnb cash on cash: 1.6% Traditional cash on cash: 3.79% Airbnb Rental Income: $1934 Traditional Rental Income: $2184 Airbnb ROI: 1.6% Traditional ROI: 3.79%
3191 HARRIS Street Ferndale, MI Look no further! 3 bedroom ranch conveniently located near schools, shopping, beautiful pa...	3 beds \| 1 baths \| 730 sq.ft.	$180,000	Airbnb cash on cash: 4.61% Traditional cash on cash: 4.84% Airbnb Rental Income: $1934 Traditional Rental Income: $1462 Airbnb ROI: 4.61% Traditional ROI: 4.84%
826 E 10 Mile Road Ferndale, MI So many options, great investment, rental or make this charming ranch yours and be a part ...	3 beds \| 1 baths \| 941 sq.ft.	$179,900	Airbnb cash on cash: 6.16% Traditional cash on cash: 6.6% Airbnb Rental Income: $1934 Traditional Rental Income: $1498 Airbnb ROI: 6.16% Traditional ROI: 6.6%
1687 Albany Street Ferndale, MI Nestled in the heart of Ferndale Step inside this beautiful bungalow This charming home o...	3 beds \| 2 baths \| 1,914 sq.ft.	$306,900	Airbnb cash on cash: 2.07% Traditional cash on cash: 5.58% Airbnb Rental Income: $1934 Traditional Rental Income: $2437 Airbnb ROI: 2.07% Traditional ROI: 5.58%
634 Channing Street Ferndale, MI Beautiful Colonial that sits on an extra-large lot. Hardwood floors throughout. Bright, su...	3 beds \| 1 baths \| 2,412 sq.ft.	$279,000	Airbnb cash on cash: 3.06% Traditional cash on cash: 5.12% Airbnb Rental Income: $1934 Traditional Rental Income: $1963 Airbnb ROI: 3.06% Traditional ROI: 5.12%
21423 Scotia Lane Ferndale, MI Open House: Sunday 11/17/2024 2-4pm IMPORTANT- THIS LISTING HAS NO CONNECTION TO 248-886-4...	3 beds \| 2 baths \| 2,015 sq.ft.	$230,000	Airbnb cash on cash: 4.52% Traditional cash on cash: 9.66% Airbnb Rental Income: $1934 Traditional Rental Income: $2540 Airbnb ROI: 4.52% Traditional ROI: 9.66%
823 E BENNETT Avenue Ferndale, MI Welcome to this charming, 4-bedroom, 2 full bath bungalow located on a low traffic, dead-e...	4 beds \| 2 baths \| 1,533 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $2265 Airbnb ROI: N/A Traditional ROI: 4.47%
2808 Goodrich Street Ferndale, MI Construction in progress and will be completed Spring 2025! Take advantage of this great o...	3 beds \| 3 baths \| 1,450 sq.ft.	$415,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 4.28% Airbnb Rental Income: $1934 Traditional Rental Income: $2305 Airbnb ROI: 2.01% Traditional ROI: 4.28%
265 E Drayton Street Ferndale, MI DON'T MAKE A MOVE WITHOUT seeing this beautifully well maintained 3-bedroom, 1-bath ranch....	3 beds \| 1 baths \| 895 sq.ft.	$250,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 1.95% Airbnb Rental Income: $1934 Traditional Rental Income: $1362 Airbnb ROI: 2.21% Traditional ROI: 1.95%
3314 HARRIS Street Ferndale, MI This Charming North Ferndale home is move in ready! This home features a covered front por...	2 beds \| 1 baths \| 700 sq.ft.	$169,888	Airbnb cash on cash: 1.13% Traditional cash on cash: 3.08% Airbnb Rental Income: $1427 Traditional Rental Income: $1315 Airbnb ROI: 1.13% Traditional ROI: 3.08%
385 E BRECKENRIDGE Street E Ferndale, MI Well maintained and nicely updated Ferndale Bungalow. A wonderful marriage of old world ch...	3 beds \| 1 baths \| 887 sq.ft.	$275,000	Airbnb cash on cash: 3.25% Traditional cash on cash: 3.31% Airbnb Rental Income: $1934 Traditional Rental Income: $1439 Airbnb ROI: 3.25% Traditional ROI: 3.31%
1529 SILMAN Street Ferndale, MI INVESTOR WANTED, won't last! Great revenue generation total $2500/Month, $1100 upper- lea...	N/A beds \| 3 baths \| 1,538 sq.ft.	$290,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 4.84% Airbnb Rental Income: $1266 Traditional Rental Income: $1978 Airbnb ROI: 0.77% Traditional ROI: 4.84%
631 SPENCER Street Ferndale, MI GREAT STARTER OR INVESTMENT HOME !!! Spacious 3 Bedroom, 1 Full Bath Home. Generous Living...	3 beds \| 1 baths \| 1,137 sq.ft.	$194,900	Airbnb cash on cash: 3.21% Traditional cash on cash: 6.16% Airbnb Rental Income: $1934 Traditional Rental Income: $1969 Airbnb ROI: 3.21% Traditional ROI: 6.16%
415 HILTON Road Ferndale, MI 7 units all remodeled and move in/rental ready, recently painted, with new flooring, mecha...	N/A beds \| 7 baths \| 1,656 sq.ft.	$1,300,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.11% Airbnb Rental Income: $null Traditional Rental Income: $2860 Airbnb ROI: N/A Traditional ROI: 0.11%
1709 MOORHOUSE Street Ferndale, MI Adorable and impeccably maintained 2 bedroom ranch in Ferndale just minutes from downtown ...	2 beds \| 1 baths \| 678 sq.ft.	$169,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 4.82% Airbnb Rental Income: $1427 Traditional Rental Income: $1287 Airbnb ROI: 3.04% Traditional ROI: 4.82%
486 E WOODLAND Street Ferndale, MI LOCATION LOCATION, THIS BEAUTIFUL HOME IS WITHIN STEPS OF DOWNTOWN FERNDALE. A VERY VIBRAN...	2 beds \| 1 baths \| 779 sq.ft.	$220,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 4.07% Airbnb Rental Income: $1427 Traditional Rental Income: $1332 Airbnb ROI: 2.47% Traditional ROI: 4.07%
269 FIELDING Street Ferndale, MI WELCOME TO THIS CHARMING HOME ONLY MINUTES AWAY FROM DOWNTOWN FERNDALE. THIS BEAUTIFUL HOU...	3 beds \| 1 baths \| 1,026 sq.ft.	$220,000	Airbnb cash on cash: 4.32% Traditional cash on cash: 4.84% Airbnb Rental Income: $1934 Traditional Rental Income: $1530 Airbnb ROI: 4.32% Traditional ROI: 4.84%
565 E DRAYTON Street Ferndale, MI Ready to move in , remodeled bath 2024, new roof 2024, new central air compressor and coi...	3 beds \| 1 baths \| 900 sq.ft.	$244,900	Airbnb cash on cash: 3.77% Traditional cash on cash: 4.17% Airbnb Rental Income: $1934 Traditional Rental Income: $1516 Airbnb ROI: 3.77% Traditional ROI: 4.17%
1656 Pearson Street Ferndale, MI Craftsman bungalow in Ferndale with Great curb appeal . Welcoming covered porch brings you...	3 beds \| 2 baths \| 1,228 sq.ft.	$317,900	Airbnb cash on cash: 1.72% Traditional cash on cash: 3.71% Airbnb Rental Income: $1934 Traditional Rental Income: $2018 Airbnb ROI: 1.72% Traditional ROI: 3.71%
10666 N OAK Drive Ferndale, MI Adorable, light-filled, move-in-ready, Ranch-style home with an open floor plan. Nicely r...	3 beds \| 2 baths \| 1,072 sq.ft.	$215,000	Airbnb cash on cash: 4.58% Traditional cash on cash: 6.67% Airbnb Rental Income: $1934 Traditional Rental Income: $1848 Airbnb ROI: 4.58% Traditional ROI: 6.67%
475 E SARATOGA Street Ferndale, MI Location! Location! Location! Welcome to 475 E Saratoga Blvd in the heart of Downtown Fern...	5 beds \| 3 baths \| 2,454 sq.ft.	$599,000	Airbnb cash on cash: 1.17% Traditional cash on cash: N/A Airbnb Rental Income: $2842 Traditional Rental Income: $0 Airbnb ROI: 1.17% Traditional ROI: N/A
871 CAMDEN Street Ferndale, MI Don't miss this charming, neutral updated ranch with 2 car side garage. Quaint front porch...	2 beds \| 1 baths \| 698 sq.ft.	$179,900	Airbnb cash on cash: 2.79% Traditional cash on cash: 5.64% Airbnb Rental Income: $1427 Traditional Rental Income: $1488 Airbnb ROI: 2.79% Traditional ROI: 5.64%
143 E CAMBOURNE Street Ferndale, MI Your Dream Home Awaits! Discover the ideal blend of location and charm in this beautifully...	3 beds \| 2 baths \| 1,543 sq.ft.	$339,900	Airbnb cash on cash: 0.82% Traditional cash on cash: 2.08% Airbnb Rental Income: $1934 Traditional Rental Income: $1824 Airbnb ROI: 0.82% Traditional ROI: 2.08%
581 Spencer Street Ferndale, MI Welcome Home! This sizable classic Ferndale bungalow has plenty of charm inside and out. R...	3 beds \| 1 baths \| 1,530 sq.ft.	$263,500	Airbnb cash on cash: 2.18% Traditional cash on cash: 3.65% Airbnb Rental Income: $1934 Traditional Rental Income: $1789 Airbnb ROI: 2.18% Traditional ROI: 3.65%
650 W LEWISTON Avenue Ferndale, MI Welcome to 650 W Lewiston, a beautifully renovated home located in the heart of Ferndale, ...	3 beds \| 2 baths \| 1,512 sq.ft.	$425,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 1.17% Airbnb Rental Income: $1934 Traditional Rental Income: $2250 Airbnb ROI: -0.91% Traditional ROI: 1.17%
1053 W HAZELHURST Street Ferndale, MI Discover the potential of this charming 3-bedroom, 1-bathroom home in desirable Ferndale, ...	3 beds \| 1 baths \| 934 sq.ft.	$225,000	Airbnb cash on cash: 4.1% Traditional cash on cash: 4.51% Airbnb Rental Income: $1934 Traditional Rental Income: $1511 Airbnb ROI: 4.1% Traditional ROI: 4.51%
266 W BENNETT Avenue Ferndale, MI Priced well below market value. Investor or homeowner special. Ready for you to remodel as...	4 beds \| 2 baths \| 1,250 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.55% Airbnb Rental Income: $null Traditional Rental Income: $2025 Airbnb ROI: N/A Traditional ROI: 8.55%
2042 Wrenson Street Ferndale, MI Spectacular 2024 renovation! Every aspect of this home has been updated, including the roo...	2 beds \| 1 baths \| 728 sq.ft.	$199,000	Airbnb cash on cash: 3.13% Traditional cash on cash: 5.71% Airbnb Rental Income: $1427 Traditional Rental Income: $1488 Airbnb ROI: 3.13% Traditional ROI: 5.71%
2129 ROMEO Street Ferndale, MI Fantastic mostly gutted and rebuilt/remodeled ranch with a new primary bedroom suite addit...	3 beds \| 2 baths \| 1,320 sq.ft.	$309,900	Airbnb cash on cash: 0.95% Traditional cash on cash: 2.66% Airbnb Rental Income: $1934 Traditional Rental Income: $1921 Airbnb ROI: 0.95% Traditional ROI: 2.66%
591 SPENCER Street Ferndale, MI Check out this Beautiful 2 story home in Ferndale. A great location for a home that boasts...	3 beds \| 1 baths \| 1,146 sq.ft.	$242,900	Airbnb cash on cash: 3.98% Traditional cash on cash: 4.49% Airbnb Rental Income: $1934 Traditional Rental Income: $1539 Airbnb ROI: 3.98% Traditional ROI: 4.49%
2201 Manatee Street Ferndale, MI Ferndale bungalow now available! 3 BRs and 1 bath, this charming home is perfect for anyon...	3 beds \| 1 baths \| 1,398 sq.ft.	$244,900	Airbnb cash on cash: 2.43% Traditional cash on cash: 3.84% Airbnb Rental Income: $1934 Traditional Rental Income: $1749 Airbnb ROI: 2.43% Traditional ROI: 3.84%
262 E Saratoga Street Ferndale, MI	2 beds \| 1 baths \| 1,979 sq.ft.	$320,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 3.5% Airbnb Rental Income: $1427 Traditional Rental Income: $1656 Airbnb ROI: 1.33% Traditional ROI: 3.5%
336 E Cambourne Ferndale, MI Welcome home to this charming duplex located in Ferndale only 2 blocks away from downtown!...	3 beds \| 2 baths \| 1,325 sq.ft.	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.26% Airbnb Rental Income: $null Traditional Rental Income: $1868 Airbnb ROI: N/A Traditional ROI: 4.26%
1548 W HAZELHURST Street Ferndale, MI Discover modern luxury in this new construction by 4th Dimension Development, located just...	3 beds \| 3 baths \| 1,857 sq.ft.	$549,999	Airbnb cash on cash: 1.07% Traditional cash on cash: 3.88% Airbnb Rental Income: $1934 Traditional Rental Income: $2866 Airbnb ROI: 1.07% Traditional ROI: 3.88%
279 FIELDING Street Ferndale, MI Welcome home at 279 Fielding. This beautiful multifamily home is just steps from Downtown ...	N/A beds \| 2 baths \| 1,344 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.7% Airbnb Rental Income: $null Traditional Rental Income: $1418 Airbnb ROI: N/A Traditional ROI: 2.7%
2128 GARFIELD Street Ferndale, MI Located in the highly des of Ferndale, this charming ranch-style home offers an inviting b...	3 beds \| 1 baths \| 945 sq.ft.	$210,000	Airbnb cash on cash: 4.63% Traditional cash on cash: 5.11% Airbnb Rental Income: $1934 Traditional Rental Income: $1518 Airbnb ROI: 4.63% Traditional ROI: 5.11%

Real Estate investment in Ferndale, MI

There are 59 properties for sale in the city of Ferndale . The median list price in Ferndale is $247,450 and the average price per square foot is $190. In November 2024, the average monthly cash on cash return in Ferndale is 4.00%. The average monthly rental income in Ferndale is $1,807.

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

There are 59 investment properties available for sale in Ferndale.

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

The ROI for Long-Term is higher than the Short-Term in Ferndale with average rental income of $1,807.

Your search for investment property begins and ends here

Investment Property for Sale in Ferndale, MI

768 Pinecrest Drive

Ferndale, MI

3 beds | 2 baths | 1,440 sq.ft.

$369,900

Airbnb cash on cash: 1.6%

Traditional cash on cash: 3.79%

Airbnb Rental Income: $1934

Traditional Rental Income: $2184

Airbnb ROI: 1.6%

Traditional ROI: 3.79%

3191 HARRIS Street

Ferndale, MI

3 beds | 1 baths | 730 sq.ft.

$180,000

Airbnb cash on cash: 4.61%

Traditional cash on cash: 4.84%

Airbnb Rental Income: $1934

Traditional Rental Income: $1462

Airbnb ROI: 4.61%

Traditional ROI: 4.84%

826 E 10 Mile Road

Ferndale, MI

3 beds | 1 baths | 941 sq.ft.

$179,900

Airbnb cash on cash: 6.16%

Traditional cash on cash: 6.6%

Airbnb Rental Income: $1934

Traditional Rental Income: $1498

Airbnb ROI: 6.16%

Traditional ROI: 6.6%

1687 Albany Street

Ferndale, MI

3 beds | 2 baths | 1,914 sq.ft.

$306,900

Airbnb cash on cash: 2.07%

Traditional cash on cash: 5.58%

Airbnb Rental Income: $1934

Traditional Rental Income: $2437

Airbnb ROI: 2.07%

Traditional ROI: 5.58%

634 Channing Street

Ferndale, MI

3 beds | 1 baths | 2,412 sq.ft.

$279,000

Airbnb cash on cash: 3.06%

Traditional cash on cash: 5.12%

Airbnb Rental Income: $1934

Traditional Rental Income: $1963

Airbnb ROI: 3.06%

Traditional ROI: 5.12%

21423 Scotia Lane

Ferndale, MI

3 beds | 2 baths | 2,015 sq.ft.

$230,000

Airbnb cash on cash: 4.52%

Traditional cash on cash: 9.66%

Airbnb Rental Income: $1934

Traditional Rental Income: $2540

Airbnb ROI: 4.52%

Traditional ROI: 9.66%

823 E BENNETT Avenue

Ferndale, MI

4 beds | 2 baths | 1,533 sq.ft.

$289,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.47%

Airbnb Rental Income: $null

Traditional Rental Income: $2265

Airbnb ROI: N/A

Traditional ROI: 4.47%

2808 Goodrich Street

Ferndale, MI

3 beds | 3 baths | 1,450 sq.ft.

$415,000

Airbnb cash on cash: 2.01%

Traditional cash on cash: 4.28%

Airbnb Rental Income: $1934

Traditional Rental Income: $2305

Airbnb ROI: 2.01%