Real Estate Investment Properties for Sale in Alger, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2054 Birchwood Alger, MI Check out this charming 3 bed 2 full bath home just off of All Sports Secord Lake. Beautif...	3 beds \| 2 baths \| 1,450 sq.ft.	$174,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 9.81% Airbnb Rental Income: $1057 Traditional Rental Income: $2148 Airbnb ROI: 1.07% Traditional ROI: 9.81%
2528 Gardner Alger, MI Waterfront home with several outbuildings perched above the Tittabawassee River - boatable...	2 beds \| 1 baths \| 1,419 sq.ft.	$229,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 7.05% Airbnb Rental Income: $1209 Traditional Rental Income: $2167 Airbnb ROI: 0.83% Traditional ROI: 7.05%
4835 East Shore Alger, MI Take a look at this Fabulous Secord Lake! This 4 bedroom 2 full bath home has plenty of sp...	4 beds \| 2 baths \| 1,440 sq.ft.	$299,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.91% Airbnb Rental Income: $null Traditional Rental Income: $2469 Airbnb ROI: N/A Traditional ROI: 5.91%
4564 Wildwood Alger, MI Wonderful Family Size Home on the Tittabawassee River. This 4 bedroom 2 full bath home is ...	4 beds \| 2 baths \| 2,008 sq.ft.	$224,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.38% Airbnb Rental Income: $null Traditional Rental Income: $2834 Airbnb ROI: N/A Traditional ROI: 10.38%
2139 Birchwood Alger, MI Check out this Log cabin on Secord Lake!! This cabin has a total of 3 lots, so there is pl...	2 beds \| 1 baths \| 672 sq.ft.	$270,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.38% Airbnb Rental Income: $1209 Traditional Rental Income: $1599 Airbnb ROI: 0.32% Traditional ROI: 3.38%
4576 Timber Lane Alger, MI ADT security system active! Well-built square and solid 2B 1B ranch on 5 mostly wooded acr...	2 beds \| 1 baths \| 900 sq.ft.	$145,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 7.8% Airbnb Rental Income: $1209 Traditional Rental Income: $1440 Airbnb ROI: 3.32% Traditional ROI: 7.8%
4719 E Shore Drive Alger, MI Perfect "Up-North Getaway" or year round home. 3 bedroom, 1 Bath, 2 car garage situated o...	3 beds \| 1 baths \| 1,077 sq.ft.	$194,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 7.32% Airbnb Rental Income: $1057 Traditional Rental Income: $1939 Airbnb ROI: 0.55% Traditional ROI: 7.32%
4553 River Lane Alger, MI TITTABAWASSEE RIVER! Beautifully remodeled 3 bedroom, 1 bath home with frontage on the Tit...	3 beds \| 1 baths \| 1,336 sq.ft.	$224,900	Airbnb cash on cash: 0.29% Traditional cash on cash: 7.49% Airbnb Rental Income: $1057 Traditional Rental Income: $2223 Airbnb ROI: 0.29% Traditional ROI: 7.49%
800 Merilyn Lane Alger, MI Park like 5 acre setting nestled in the woods. Could be an up north getaway or primary re...	2 beds \| 1 baths \| 922 sq.ft.	$119,900	Airbnb cash on cash: 4.74% Traditional cash on cash: 11.3% Airbnb Rental Income: $1209 Traditional Rental Income: $1577 Airbnb ROI: 4.74% Traditional ROI: 11.3%
807 WILDERNESS Drive Alger, MI Back on Market!! IMMEDIATE POSSESSION!! Looking for the Perfect home or cottage for a l...	5 beds \| 3 baths \| 2,520 sq.ft.	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.63% Airbnb Rental Income: $null Traditional Rental Income: $3360 Airbnb ROI: N/A Traditional ROI: 8.63%
6250 Maple Ridge Alger, MI 3 bedroom, 2 bath home on 50 wooded acres! 30x50 pole barn with steel roof. Spacious kitch...	3 beds \| 2 baths \| 1,568 sq.ft.	$299,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 6.42% Airbnb Rental Income: $1057 Traditional Rental Income: $2377 Airbnb ROI: 0.43% Traditional ROI: 6.42%
2223 Greenwood Road Alger, MI Discover this remarkable 20-acre property adjacent to nearly 300 acres of pristine state l...	2 beds \| 2 baths \| N/A	$275,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 5.39% Airbnb Rental Income: $1209 Traditional Rental Income: $2143 Airbnb ROI: 0.28% Traditional ROI: 5.39%
1107 Northern Trail Alger, MI Charming 2 bedroom, 1 bath riverfront home with 1 car attached garage. This home was tota...	2 beds \| 1 baths \| 1,100 sq.ft.	$250,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 5.79% Airbnb Rental Income: $1209 Traditional Rental Income: $1789 Airbnb ROI: 1.68% Traditional ROI: 5.79%
1724 Middle Point Drive Alger, MI This 2-bedroom, 3-bath home offers a serene retreat access to the Tittabawassee River. Fea...	2 beds \| 3 baths \| 3,200 sq.ft.	$359,900	Airbnb cash on cash: -0.38% Traditional cash on cash: 5.34% Airbnb Rental Income: $1209 Traditional Rental Income: $2750 Airbnb ROI: -0.38% Traditional ROI: 5.34%

Real Estate investment in Alger, MI

There are 14 properties for sale in the city of Alger . The median list price in Alger is $226,950 and the average price per square foot is $152. In November 2024, the average monthly cash on cash return in Alger is 7.00%. The average monthly rental income in Alger is $2,158.

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

There are 14 investment properties available for sale in Alger.

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

The ROI for Long-Term is higher than the Short-Term in Alger with average rental income of $2,158.

Your search for investment property begins and ends here

Investment Property for Sale in Alger, MI

2054 Birchwood

Alger, MI

3 beds | 2 baths | 1,450 sq.ft.

$174,900

Airbnb cash on cash: 1.07%

Traditional cash on cash: 9.81%

Airbnb Rental Income: $1057

Traditional Rental Income: $2148

Airbnb ROI: 1.07%

Traditional ROI: 9.81%

2528 Gardner

Alger, MI

2 beds | 1 baths | 1,419 sq.ft.

$229,000

Airbnb cash on cash: 0.83%

Traditional cash on cash: 7.05%

Airbnb Rental Income: $1209

Traditional Rental Income: $2167

Airbnb ROI: 0.83%

Traditional ROI: 7.05%

4835 East Shore

Alger, MI

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

$299,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.91%

Airbnb Rental Income: $null

Traditional Rental Income: $2469

Airbnb ROI: N/A

Traditional ROI: 5.91%

4564 Wildwood

Alger, MI

4 beds | 2 baths | 2,008 sq.ft.

$224,500

Airbnb cash on cash: N/A

Traditional cash on cash: 10.38%

Airbnb Rental Income: $null

Traditional Rental Income: $2834

Airbnb ROI: N/A

Traditional ROI: 10.38%

2139 Birchwood

Alger, MI

2 beds | 1 baths | 672 sq.ft.

$270,000

Airbnb cash on cash: 0.32%

Traditional cash on cash: 3.38%

Airbnb Rental Income: $1209

Traditional Rental Income: $1599

Airbnb ROI: 0.32%

Traditional ROI: 3.38%

4576 Timber Lane

Alger, MI

2 beds | 1 baths | 900 sq.ft.

$145,000

Airbnb cash on cash: 3.32%

Traditional cash on cash: 7.8%

Airbnb Rental Income: $1209

Traditional Rental Income: $1440

Airbnb ROI: 3.32%

Traditional ROI: 7.8%

4719 E Shore Drive

Alger, MI

3 beds | 1 baths | 1,077 sq.ft.

$194,000

Airbnb cash on cash: 0.55%

Traditional cash on cash: 7.32%

Airbnb Rental Income: $1057

Traditional Rental Income: $1939

Airbnb ROI: 0.55%

Traditional ROI: 7.32%

4553 River Lane

Alger, MI

3 beds | 1 baths | 1,336 sq.ft.

$224,900

Airbnb cash on cash: 0.29%

Traditional cash on cash: 7.49%

Airbnb Rental Income: $1057

Traditional Rental Income: $2223

Airbnb ROI: 0.29%