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: 2.96% Traditional cash on cash: 2.31% Airbnb Rental Income: $4114 Traditional Rental Income: $2751 Airbnb ROI: 2.96% Traditional ROI: 2.31%
22066 PICADILLY Circle Novi, MI Nestled in the prestigious Chase Farm community, 22066 Picadilly Circle is a masterpiece o...	4 beds \| 4 baths \| 2,931 sq.ft.	$735,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.61% Airbnb Rental Income: $null Traditional Rental Income: $3465 Airbnb ROI: N/A Traditional ROI: 2.61%
27914 MIDDLETON Drive Novi, MI Wow is the only way to describe this 3-story updated brick condo. So many upgrades and fea...	2 beds \| 3 baths \| 1,518 sq.ft.	$369,900	Airbnb cash on cash: 4.67% Traditional cash on cash: 3.78% Airbnb Rental Income: $3640 Traditional Rental Income: $2533 Airbnb ROI: 4.67% Traditional ROI: 3.78%
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: 3.54% Traditional cash on cash: 1.15% Airbnb Rental Income: $4114 Traditional Rental Income: $1903 Airbnb ROI: 3.54% Traditional ROI: 1.15%
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: 3.65% Traditional cash on cash: 4.86% Airbnb Rental Income: $3640 Traditional Rental Income: $3365 Airbnb ROI: 3.65% Traditional ROI: 4.86%
23346 MYSTIC FOREST Drive Novi, MI Awesome Oppurtunity!! Best Price around! Great Neighborhood! Nice Kitchen w/ Granite....	4 beds \| 4 baths \| 2,921 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.19% Airbnb Rental Income: $null Traditional Rental Income: $3740 Airbnb ROI: N/A Traditional ROI: 3.19%
41479 Reindeer Drive Novi, MI Say hello to this stunning estate in the popular Deerbrook Subdivision, with Novi schools!...	5 beds \| 3 baths \| 2,808 sq.ft.	$679,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.64% Airbnb Rental Income: $null Traditional Rental Income: $3563 Airbnb ROI: N/A Traditional ROI: 3.64%
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: 4.66% Traditional cash on cash: 5.88% Airbnb Rental Income: $3640 Traditional Rental Income: $3365 Airbnb ROI: 4.66% 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: 7.31% Traditional cash on cash: 4.58% Airbnb Rental Income: $3640 Traditional Rental Income: $2140 Airbnb ROI: 7.31% Traditional ROI: 4.58%
29870 Martell Court Novi, MI Welcome to your custom built dream homeâan elegant home offering 3,500 sq. ft. of luxury...	5 beds \| 4 baths \| 3,500 sq.ft.	$975,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.48% Airbnb Rental Income: $null Traditional Rental Income: $3778 Airbnb ROI: N/A Traditional ROI: 1.48%
25535 GRANDVIEW Lane #30 Novi, MI "Discover luxurious living with our new construction townhomes, located in the highly soug...	2 beds \| 4 baths \| 2,121 sq.ft.	$471,500	Airbnb cash on cash: 4.48% Traditional cash on cash: 5.66% Airbnb Rental Income: $3640 Traditional Rental Income: $3365 Airbnb ROI: 4.48% Traditional ROI: 5.66%
25495 GRANDVIEW Lane #25 Novi, MI Experience luxurious living at an exceptional value with this brand-new townhome situated ...	3 beds \| 4 baths \| 2,121 sq.ft.	$509,500	Airbnb cash on cash: 4.91% Traditional cash on cash: 4.94% Airbnb Rental Income: $4114 Traditional Rental Income: $3254 Airbnb ROI: 4.91% Traditional ROI: 4.94%
22493 Fuller Drive Novi, MI This stunning 4 bedroom with 2.5 bath Luxury property located on a premium lot in desirabl...	4 beds \| 3 baths \| 3,081 sq.ft.	$740,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.25% Airbnb Rental Income: $null Traditional Rental Income: $3246 Airbnb ROI: N/A Traditional ROI: 2.25%
29329 WHISTLER Drive Novi, MI Welcome to this wonderful four bedroom, three and a half bath colonial that has it all! S...	4 beds \| 4 baths \| 2,642 sq.ft.	$560,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $3325 Airbnb ROI: N/A Traditional ROI: 3.93%
24768 KINGS POINTE Novi, MI This beautiful bi-level home in the heart of Novi is screaming for you to come take a look...	3 beds \| 2 baths \| 1,423 sq.ft.	$399,000	Airbnb cash on cash: 6.61% Traditional cash on cash: 3.82% Airbnb Rental Income: $4114 Traditional Rental Income: $2198 Airbnb ROI: 6.61% Traditional ROI: 3.82%
24252 BASHIAN Drive #13 Novi, MI GREAT LOCATION IN APPLEGATE CONDOS. Just a block off 10 Mile, easy to find, this end unit ...	2 beds \| 2 baths \| 1,025 sq.ft.	$225,000	Airbnb cash on cash: 9.84% Traditional cash on cash: 4.63% Airbnb Rental Income: $3640 Traditional Rental Income: $1734 Airbnb ROI: 9.84% Traditional ROI: 4.63%
50807 Denali Court Novi, MI OFFER DEADLINE: MON 12/9 @8:00PM Quiet luxury meets suburban bliss at 50807 Denali Ct. Bu...	4 beds \| 5 baths \| 4,783 sq.ft.	$925,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.33% Airbnb Rental Income: $null Traditional Rental Income: $5108 Airbnb ROI: N/A Traditional ROI: 3.33%
25734 Island Lake Drive Novi, MI Your luxury waterfront lifestyle awaits you in this rarely available end-unit condo in the...	3 beds \| 4 baths \| 2,610 sq.ft.	$750,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 2.03% Airbnb Rental Income: $4114 Traditional Rental Income: $4141 Airbnb ROI: 0.74% Traditional ROI: 2.03%
45635 MARLBOROUGH Novi, MI Located in the highly desirable Bristol Corner neighborhood, this stunning home is nestled...	5 beds \| 4 baths \| 3,344 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.53% Airbnb Rental Income: $null Traditional Rental Income: $4027 Airbnb ROI: N/A Traditional ROI: 3.53%
44080 MARLSON Avenue Novi, MI Exceptional Novi Home on Private Dead-End Location! Discover this architect-designed 4-bed...	4 beds \| 3 baths \| 2,252 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.85% Airbnb Rental Income: $null Traditional Rental Income: $2986 Airbnb ROI: N/A Traditional ROI: 4.85%

Real Estate investment in Novi, MI

There are 48 properties for sale in the city of Novi . The median list price in Novi is $475,000 and the average price per square foot is $210. In January 2025, the average monthly cash on cash return in Novi is 4.00%. The average monthly rental income in Novi is $2,986.

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

There are 48 investment properties available for sale in Novi.

In 2025, 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 $4,114.

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: 2.96%

Traditional cash on cash: 2.31%

Airbnb Rental Income: $4114

Traditional Rental Income: $2751

Airbnb ROI: 2.96%

Traditional ROI: 2.31%

22066 PICADILLY Circle

Novi, MI

4 beds | 4 baths | 2,931 sq.ft.

$735,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.61%

Airbnb Rental Income: $null

Traditional Rental Income: $3465

Airbnb ROI: N/A

Traditional ROI: 2.61%

27914 MIDDLETON Drive

Novi, MI

2 beds | 3 baths | 1,518 sq.ft.

$369,900

Airbnb cash on cash: 4.67%

Traditional cash on cash: 3.78%

Airbnb Rental Income: $3640

Traditional Rental Income: $2533

Airbnb ROI: 4.67%

Traditional ROI: 3.78%

23675 NOVI Road

Novi, MI

3 beds | 1 baths | 3,108 sq.ft.

$599,999

Airbnb cash on cash: 3.54%

Traditional cash on cash: 1.15%

Airbnb Rental Income: $4114

Traditional Rental Income: $1903

Airbnb ROI: 3.54%

Traditional ROI: 1.15%

41600 ORIANNA Lane #14

Novi, MI

2 beds | 4 baths | 2,121 sq.ft.

$457,500

Airbnb cash on cash: 3.65%

Traditional cash on cash: 4.86%

Airbnb Rental Income: $3640

Traditional Rental Income: $3365

Airbnb ROI: 3.65%

Traditional ROI: 4.86%

23346 MYSTIC FOREST Drive

Novi, MI

4 beds | 4 baths | 2,921 sq.ft.

$549,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.19%

Airbnb Rental Income: $null

Traditional Rental Income: $3740

Airbnb ROI: N/A

Traditional ROI: 3.19%

41479 Reindeer Drive

Novi, MI

5 beds | 3 baths | 2,808 sq.ft.

$679,999

Airbnb cash on cash: N/A

Traditional cash on cash: 3.64%

Airbnb Rental Income: $null

Traditional Rental Income: $3563

Airbnb ROI: N/A

Traditional ROI: 3.64%

25503 GRANDVIEW Lane #26

Novi, MI

2 beds | 4 baths | 2,121 sq.ft.

$456,500

Airbnb cash on cash: 4.66%

Traditional cash on cash: 5.88%

Airbnb Rental Income: $3640

Traditional Rental Income: $3365

Airbnb ROI: 4.66%