Real Estate Investment Properties for Sale in Novi, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
23261 ARGYLE Street Novi, MI This home is NOT built on this lot, yet. The specs and photos are from the exact same home...	3 beds \| 3 baths \| 2,295 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.31% Airbnb Rental Income: $null Traditional Rental Income: $2751 Airbnb ROI: N/A Traditional ROI: 2.31%
39852 VILLAGE WOOD Circle Novi, MI Welcome to this beautifully updated 2 Bedroom, 1 Bath Condo with a Garage. A large covered...	2 beds \| 1 baths \| 860 sq.ft.	$188,000	Airbnb cash on cash: 8.27% Traditional cash on cash: 6.04% Airbnb Rental Income: $3009 Traditional Rental Income: $1920 Airbnb ROI: 8.27% Traditional ROI: 6.04%
25100 Delmont Drive Novi, MI Welcome to your dream home built for entertaining! This stunning ranch offers the perfect ...	3 beds \| 4 baths \| 3,725 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.51% Airbnb Rental Income: $null Traditional Rental Income: $3365 Airbnb ROI: N/A Traditional ROI: 4.51%
43100 12 OAKS CRESCENT Drive #3022 Novi, MI NEW PRICE!! Great Novi Highrise condo in The Enclave Condo's located within walking dista...	2 beds \| 2 baths \| 2,091 sq.ft.	$249,900	Airbnb cash on cash: 3.89% Traditional cash on cash: 5.32% Airbnb Rental Income: $3009 Traditional Rental Income: $2655 Airbnb ROI: 3.89% Traditional ROI: 5.32%
23779 E LE BOST Novi, MI Great Ranch home located in a quiet neighborhood in the city of Novi. 1600 = sqft with 3 ...	3 beds \| 2 baths \| 1,631 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.45% Airbnb Rental Income: $null Traditional Rental Income: $2496 Airbnb ROI: N/A Traditional ROI: 5.45%
40960 MOORINGSIDE Novi, MI Welcome to this adorable ranch-style home in tranquil Willowbrook Estates. Celebrated for ...	3 beds \| 2 baths \| 1,211 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.34% Airbnb Rental Income: $null Traditional Rental Income: $1968 Airbnb ROI: N/A Traditional ROI: 3.34%
22813 CRANBROOKE Drive Novi, MI Welcome to 22813 Cranbrooke! This north-facing, end-unit townhouse offers both space and c...	2 beds \| 2 baths \| 1,050 sq.ft.	$229,000	Airbnb cash on cash: 5.89% Traditional cash on cash: 4.05% Airbnb Rental Income: $3009 Traditional Rental Income: $1920 Airbnb ROI: 5.89% Traditional ROI: 4.05%
40013 CROSSWINDS Novi, MI Charming 2-bedroom, 1.5-bathroom condo located in a desirable neighborhood. This spacious ...	2 beds \| 2 baths \| 1,100 sq.ft.	$220,000	Airbnb cash on cash: 5.86% Traditional cash on cash: 2.31% Airbnb Rental Income: $3009 Traditional Rental Income: $1579 Airbnb ROI: 5.86% Traditional ROI: 2.31%
47230 W 11 MILE Road Novi, MI Beautifully remodeled home features hardscape patio with built-in gas bbq grill, circular ...	3 beds \| 3 baths \| 1,410 sq.ft.	$439,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.8% Airbnb Rental Income: $null Traditional Rental Income: $2406 Airbnb ROI: N/A Traditional ROI: 2.8%
23675 NOVI Road Novi, MI This prime property boasts an exceptional location in Novi, offering an impressive 252 fee...	3 beds \| 1 baths \| 3,108 sq.ft.	$599,999	Airbnb cash on cash: N/A Traditional cash on cash: 1.15% Airbnb Rental Income: $null Traditional Rental Income: $1903 Airbnb ROI: N/A Traditional ROI: 1.15%
1155 S Lake Drive #71 Novi, MI Welcome to this highly desirable, Second Floor Unit in South Pointe Condos. 50+ Community ...	2 beds \| 2 baths \| 1,010 sq.ft.	$194,900	Airbnb cash on cash: 8.21% Traditional cash on cash: 5.87% Airbnb Rental Income: $3009 Traditional Rental Income: $1886 Airbnb ROI: 8.21% Traditional ROI: 5.87%
24633 DINSER Drive Novi, MI *Open House, Saturday September 21, 1-3*Discover the perfect blend of comfort, space, ...	4 beds \| 4 baths \| 1,718 sq.ft.	$520,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.79% Airbnb Rental Income: $null Traditional Rental Income: $2835 Airbnb ROI: N/A Traditional ROI: 2.79%
22615 Novi Road Novi, MI New construction in Novi! Northville schools! This popular Austin floorplan welcomes you...	4 beds \| 3 baths \| 2,947 sq.ft.	$885,585	Airbnb cash on cash: N/A Traditional cash on cash: 1.14% Airbnb Rental Income: $null Traditional Rental Income: $3123 Airbnb ROI: N/A Traditional ROI: 1.14%
41600 ORIANNA Lane #14 Novi, MI This model townhome comes with numerous upgrades and offers luxurious living at an excepti...	2 beds \| 4 baths \| 2,121 sq.ft.	$457,500	Airbnb cash on cash: 2.42% Traditional cash on cash: 4.86% Airbnb Rental Income: $3009 Traditional Rental Income: $3365 Airbnb ROI: 2.42% Traditional ROI: 4.86%
43100 12 OAKS CRESCENT Drive #4044 Novi, MI Step inside this stunning two-bedroom, two-bathroom high-rise condo in Novi, where breatht...	2 beds \| 2 baths \| 2,199 sq.ft.	$275,000	Airbnb cash on cash: 3.46% Traditional cash on cash: 5.54% Airbnb Rental Income: $3009 Traditional Rental Income: $2857 Airbnb ROI: 3.46% Traditional ROI: 5.54%
26176 Beck Road Novi, MI This SPEC / MODEL HOME is located at 760 Bogie Lake Road, White Lake Twp 48383 (Appointmen...	4 beds \| 4 baths \| 3,145 sq.ft.	$915,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.76% Airbnb Rental Income: $null Traditional Rental Income: $3505 Airbnb ROI: N/A Traditional ROI: 1.76%
27102 Napier Road Novi, MI This SPEC / MODEL HOME is located at 760 Bogie Lake Road, White Lake Twp 48383 (Appointmen...	3 beds \| 3 baths \| 1,954 sq.ft.	$895,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.91% Airbnb Rental Income: $null Traditional Rental Income: $2591 Airbnb ROI: N/A Traditional ROI: 0.91%
26102 Beck Road Novi, MI This SPEC / MODEL HOME is located at 760 Bogie Lake Road, White Lake Twp 48383 (Appointmen...	3 beds \| 2 baths \| 1,530 sq.ft.	$595,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.67% Airbnb Rental Income: $null Traditional Rental Income: $2218 Airbnb ROI: N/A Traditional ROI: 1.67%
26212 Beck Road Novi, MI This SPEC / MODEL HOME is located at 760 Bogie Lake Road, White Lake Twp 48383 (Appointmen...	4 beds \| 3 baths \| 2,398 sq.ft.	$685,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.17% Airbnb Rental Income: $null Traditional Rental Income: $2908 Airbnb ROI: N/A Traditional ROI: 2.17%
26194 Beck Road Novi, MI This SPEC / MODEL HOME is located at 760 Bogie Lake Road, White Lake Twp 48383 (Appointmen...	3 beds \| 3 baths \| 1,954 sq.ft.	$865,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.24% Airbnb Rental Income: $null Traditional Rental Income: $2591 Airbnb ROI: N/A Traditional ROI: 1.24%
43033 BROOKSTONE Drive Novi, MI Highly sought after first floor master bedroom suite, 4 bedroom and 2.1 baths with two-sto...	4 beds \| 3 baths \| 2,818 sq.ft.	$574,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.65% Airbnb Rental Income: $null Traditional Rental Income: $3106 Airbnb ROI: N/A Traditional ROI: 3.65%
29462 Meadowbrook Road Novi, MI This SPEC / MODEL HOME is located at 760 Bogie Lake Road, White Lake Twp 48383 (Appointmen...	4 beds \| 3 baths \| 2,398 sq.ft.	$679,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.35% Airbnb Rental Income: $null Traditional Rental Income: $2908 Airbnb ROI: N/A Traditional ROI: 2.35%
24962 Glenda Street Novi, MI This SPEC / MODEL HOME is located at 760 Bogie Lake Road, White Lake Twp 48383 (Appointmen...	2 beds \| 2 baths \| 1,300 sq.ft.	$489,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 1.7% Airbnb Rental Income: $3009 Traditional Rental Income: $2023 Airbnb ROI: 2.34% Traditional ROI: 1.7%
22583 HEATHERWOODE Novi, MI MOVE RIGHT IN to this stunning turnkey 4 bedroom 2 full bath home with Novi schools...PLUS...	4 beds \| 2 baths \| 2,439 sq.ft.	$489,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.28% Airbnb Rental Income: $null Traditional Rental Income: $2867 Airbnb ROI: N/A Traditional ROI: 4.28%
39585 Neston Street Novi, MI Welcome to 39585 Neston St, a recently constructed home in Country Cousins. Located at the...	3 beds \| 2 baths \| 1,036 sq.ft.	$89,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.33% Airbnb Rental Income: $null Traditional Rental Income: $1795 Airbnb ROI: N/A Traditional ROI: 10.33%
28034 Carlton Way Drive Novi, MI	2 beds \| 2 baths \| 1,491 sq.ft.	$305,000	Airbnb cash on cash: 5.62% Traditional cash on cash: 5.11% Airbnb Rental Income: $3009 Traditional Rental Income: $2172 Airbnb ROI: 5.62% Traditional ROI: 5.11%
45588 S South Lake Drive Novi, MI *DRASTIC PRICE REDUCTION*DUE TO JOB TRANSFER IN THIS STUNNING BRICK COLONIAL LOCATED ...	4 beds \| 4 baths \| 4,504 sq.ft.	$689,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.26% Airbnb Rental Income: $null Traditional Rental Income: $3653 Airbnb ROI: N/A Traditional ROI: 3.26%
25511 GRANDVIEW Lane #27 Novi, MI Experience luxurious living at an exceptional value with this brand-new townhome situated ...	3 beds \| 4 baths \| 2,121 sq.ft.	$481,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.36% Airbnb Rental Income: $null Traditional Rental Income: $3254 Airbnb ROI: N/A Traditional ROI: 5.36%
23629 N ROCKLEDGE Novi, MI Lovingly maintained 2 bedroom carriage unit located in the popular Stonehenge community. C...	2 beds \| 1 baths \| 970 sq.ft.	$184,900	Airbnb cash on cash: 9.2% Traditional cash on cash: 4.12% Airbnb Rental Income: $3009 Traditional Rental Income: $1425 Airbnb ROI: 9.2% Traditional ROI: 4.12%
25503 GRANDVIEW Lane #26 Novi, MI "Discover luxurious living with our new construction townhomes, located in the highly soug...	2 beds \| 4 baths \| 2,121 sq.ft.	$456,500	Airbnb cash on cash: 3.43% Traditional cash on cash: 5.88% Airbnb Rental Income: $3009 Traditional Rental Income: $3365 Airbnb ROI: 3.43% Traditional ROI: 5.88%
30895 Jasper Ridge Ridge Novi, MI Enjoy luxury condo living at the highly sought-after Maples of Novi! This immaculate condo...	2 beds \| 2 baths \| 1,492 sq.ft.	$274,000	Airbnb cash on cash: 5.27% Traditional cash on cash: 4.58% Airbnb Rental Income: $3009 Traditional Rental Income: $2140 Airbnb ROI: 5.27% Traditional ROI: 4.58%
31091 Augusta Circle Novi, MI Charming 3-Bedroom, 2.5-Bath Home with Modern Updates! Step into this beautifully m...	3 beds \| 3 baths \| 2,991 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.28% Airbnb Rental Income: $null Traditional Rental Income: $3068 Airbnb ROI: N/A Traditional ROI: 5.28%
24462 Olde Orchard Street Novi, MI Don't miss this highly sought after end unit, ranch condo in the beautiful Olde Orchard co...	2 beds \| 1 baths \| 1,548 sq.ft.	$209,000	Airbnb cash on cash: 7.57% Traditional cash on cash: 3.4% Airbnb Rental Income: $3009 Traditional Rental Income: $1492 Airbnb ROI: 7.57% Traditional ROI: 3.4%

Real Estate investment in Novi, MI

There are 69 properties for sale in the city of Novi . The median list price in Novi is $462,250 and the average price per square foot is $217. In November 2024, the average monthly cash on cash return in Novi is 4.00%. The average monthly rental income in Novi is $2,752.

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

There are 69 investment properties available for sale in Novi.

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

The ROI for Short-Term is higher than the Long-Term in Novi with average rental income of $3,009.

Your search for investment property begins and ends here

Investment Property for Sale in Novi, MI

23261 ARGYLE Street

Novi, MI

3 beds | 3 baths | 2,295 sq.ft.

$799,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.31%

Airbnb Rental Income: $null

Traditional Rental Income: $2751

Airbnb ROI: N/A

Traditional ROI: 2.31%

39852 VILLAGE WOOD Circle

Novi, MI

2 beds | 1 baths | 860 sq.ft.

$188,000

Airbnb cash on cash: 8.27%

Traditional cash on cash: 6.04%

Airbnb Rental Income: $3009

Traditional Rental Income: $1920

Airbnb ROI: 8.27%

Traditional ROI: 6.04%

25100 Delmont Drive

Novi, MI

3 beds | 4 baths | 3,725 sq.ft.

$525,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.51%

Airbnb Rental Income: $null

Traditional Rental Income: $3365

Airbnb ROI: N/A

Traditional ROI: 4.51%

43100 12 OAKS CRESCENT Drive #3022

Novi, MI

2 beds | 2 baths | 2,091 sq.ft.

$249,900

Airbnb cash on cash: 3.89%

Traditional cash on cash: 5.32%

Airbnb Rental Income: $3009

Traditional Rental Income: $2655

Airbnb ROI: 3.89%

Traditional ROI: 5.32%

23779 E LE BOST

Novi, MI

3 beds | 2 baths | 1,631 sq.ft.

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.45%

Airbnb Rental Income: $null

Traditional Rental Income: $2496

Airbnb ROI: N/A

Traditional ROI: 5.45%

40960 MOORINGSIDE

Novi, MI

3 beds | 2 baths | 1,211 sq.ft.

$335,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.34%

Airbnb Rental Income: $null

Traditional Rental Income: $1968

Airbnb ROI: N/A

Traditional ROI: 3.34%

22813 CRANBROOKE Drive

Novi, MI

2 beds | 2 baths | 1,050 sq.ft.

$229,000

Airbnb cash on cash: 5.89%

Traditional cash on cash: 4.05%

Airbnb Rental Income: $3009

Traditional Rental Income: $1920

Airbnb ROI: 5.89%

Traditional ROI: 4.05%

40013 CROSSWINDS

Novi, MI

2 beds | 2 baths | 1,100 sq.ft.

$220,000

Airbnb cash on cash: 5.86%

Traditional cash on cash: 2.31%

Airbnb Rental Income: $3009

Traditional Rental Income: $1579

Airbnb ROI: 5.86%