Real Estate Investment Properties for Sale in Allegan, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3325 Grant Street Allegan, MI This well kept home offers 3 bedrooms 2 baths with open floor plan. Bonus area for offic...	3 beds \| 2 baths \| 1,560 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.15% Airbnb Rental Income: $null Traditional Rental Income: $2184 Airbnb ROI: N/A Traditional ROI: 8.15%
325 Monroe Street Allegan, MI Historic Charm Meets Modern Comfort! Welcome to this 3-bedroom, 1-bath traditional home w...	3 beds \| 1 baths \| 1,728 sq.ft.	$249,988	Airbnb cash on cash: N/A Traditional cash on cash: 5.49% Airbnb Rental Income: $null Traditional Rental Income: $1802 Airbnb ROI: N/A Traditional ROI: 5.49%
300 Davis Street Allegan, MI NEW ROOF COMPLETE! Historic, Italianate home preserved in its Civil War Era charm; yet up...	4 beds \| 3 baths \| 3,576 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.63% Airbnb Rental Income: $null Traditional Rental Income: $2941 Airbnb ROI: N/A Traditional ROI: 4.63%
633 Marshall Street Allegan, MI This Gorgeous 4-bedroom, 2.5-bathroom brick home preserved its historic charm through its ...	4 beds \| 3 baths \| 1,895 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.89% Airbnb Rental Income: $null Traditional Rental Income: $2538 Airbnb ROI: N/A Traditional ROI: 6.89%
1762 Allen Road Allegan, MI Discover ther perfect blend of rustic charm and modern convenience in this stunning 3-bedr...	3 beds \| 2 baths \| 1,080 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.09% Airbnb Rental Income: $null Traditional Rental Income: $1842 Airbnb ROI: N/A Traditional ROI: 8.09%
725 River Street Allegan, MI Nestled in the charming town of Allegan, MI, this delightful 4-bedroom, 1-bathroom home at...	4 beds \| 1 baths \| 1,760 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.89% Airbnb Rental Income: $null Traditional Rental Income: $2157 Airbnb ROI: N/A Traditional ROI: 5.89%
990 River Street Allegan, MI Price Reduced! Open House Sunday October 27, 12pm - 2pm. Nestled on 9.5 acres of rolling h...	4 beds \| 2 baths \| 1,981 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.49% Airbnb Rental Income: $null Traditional Rental Income: $2498 Airbnb ROI: N/A Traditional ROI: 4.49%
2765 113th Avenue Allegan, MI Welcome to your charming 3 bed, 2 bath farm house, offering rustic elegance and modern com...	3 beds \| 2 baths \| 1,477 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.31% Airbnb Rental Income: $null Traditional Rental Income: $2032 Airbnb ROI: N/A Traditional ROI: 8.31%
3996 Allegan Dam Road Allegan, MI Beautiful lakefront ranch home on Lake Allegan. This home features 4 bedrooms and 3 bathro...	4 beds \| 3 baths \| 3,274 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.23% Airbnb Rental Income: $null Traditional Rental Income: $2770 Airbnb ROI: N/A Traditional ROI: 3.23%
320 Monroe Street Allegan, MI Classic historic home built in 1880 and ready for you to make it your own. This home fea...	4 beds \| 2 baths \| 3,311 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.9% Airbnb Rental Income: $null Traditional Rental Income: $1950 Airbnb ROI: N/A Traditional ROI: 9.9%
2765 111th Avenue Allegan, MI 2765 111th Ave Allegan MI 49010 4 bedroom 2 bath home with walkout basement HUD Homes Are ...	4 beds \| 2 baths \| 1,512 sq.ft.	$175,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.99% Airbnb Rental Income: $null Traditional Rental Income: $2099 Airbnb ROI: N/A Traditional ROI: 9.99%
207 N Main Street Allegan, MI Beautiful historic-style home featuring a wrap around covered porch & a big deck! You wil...	4 beds \| 3 baths \| 3,500 sq.ft.	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.4% Airbnb Rental Income: $null Traditional Rental Income: $2774 Airbnb ROI: N/A Traditional ROI: 7.4%
440 S M-40 Allegan, MI STAY VACATION when you live in this custom built home. With 25 acres to roam, swimming & ...	3 beds \| 4 baths \| 3,046 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.19% Airbnb Rental Income: $null Traditional Rental Income: $3167 Airbnb ROI: N/A Traditional ROI: 2.19%
3274 Signal Point Allegan, MI Introducing a stunning, newer-built, 5-bedroom 4-bathroom home in a desirable neighborhood...	5 beds \| 4 baths \| 2,691 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.43% Airbnb Rental Income: $null Traditional Rental Income: $3271 Airbnb ROI: N/A Traditional ROI: 6.43%
4085 Monroe Road Allegan, MI $25,000 PRICE REDUCTION! Don't Miss Out on This Spacious 4 Bed/3 Bath Home with Upgrades G...	4 beds \| 3 baths \| 3,200 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.66% Airbnb Rental Income: $null Traditional Rental Income: $3002 Airbnb ROI: N/A Traditional ROI: 6.66%
27233 2nd Avenue Allegan, MI Discover tranquility of this 3 bedroom, 1 bath home with 95' of serene waterfront located ...	3 beds \| 1 baths \| 1,642 sq.ft.	$359,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.22% Airbnb Rental Income: $null Traditional Rental Income: $2124 Airbnb ROI: N/A Traditional ROI: 4.22%
1573 34th Street Allegan, MI Don't wait to visit this great ranch home. Township living at its best yet close to town, ...	4 beds \| 2 baths \| 2,820 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.71% Airbnb Rental Income: $null Traditional Rental Income: $2743 Airbnb ROI: N/A Traditional ROI: 8.71%
3556 W 110th Avenue Allegan, MI Small Hobby Farm for sale on 3.4 acres with a pond! Gorgeous land with plenty of mature ma...	N/A beds \| N/A baths \| N/A	$278,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.07% Airbnb Rental Income: $null Traditional Rental Income: $1748 Airbnb ROI: N/A Traditional ROI: 4.07%
3347 125th Avenue Allegan, MI Immediate possession! Priced to sell!! This waterfront ranch features an amazing view fro...	3 beds \| 2 baths \| 1,680 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.04% Airbnb Rental Income: $null Traditional Rental Income: $2487 Airbnb ROI: N/A Traditional ROI: 7.04%
219 Arbor Street Allegan, MI Super sharp remodeled 4 bedroom 2 1/2 bath home located on almost an acre lot priced way u...	4 beds \| 3 baths \| 2,320 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.86% Airbnb Rental Income: $null Traditional Rental Income: $2972 Airbnb ROI: N/A Traditional ROI: 9.86%
1084 38th Street Allegan, MI Welcome to your dream home situated on 74.85 acres of serene land in Allegan Michigan. Thi...	5 beds \| 4 baths \| 3,861 sq.ft.	$1,250,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.45% Airbnb Rental Income: $null Traditional Rental Income: $3664 Airbnb ROI: N/A Traditional ROI: 1.45%
4121 Wildwood Drive Allegan, MI Stunning contemporary lakefront home nestled in the woods offers privacy and gorgeous open...	5 beds \| 4 baths \| 3,694 sq.ft.	$865,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.68% Airbnb Rental Income: $null Traditional Rental Income: $3966 Airbnb ROI: N/A Traditional ROI: 2.68%
105 Division Street Allegan, MI Welcome to Booth Cottage, an idyllic 3-bed cape cod home situated on a wooded bluff overlo...	3 beds \| 2 baths \| 1,634 sq.ft.	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.65% Airbnb Rental Income: $null Traditional Rental Income: $2488 Airbnb ROI: N/A Traditional ROI: 6.65%
3355 Delano Street Allegan, MI Unlock the potential of this charming 4-bedroom home, brimming with promise and ready for ...	4 beds \| 1 baths \| 2,606 sq.ft.	$204,750	Airbnb cash on cash: N/A Traditional cash on cash: 6.8% Airbnb Rental Income: $null Traditional Rental Income: $1784 Airbnb ROI: N/A Traditional ROI: 6.8%
2611 114th Avenue Allegan, MI You wont find many homes like this one! Beautiful farm house with all the classic charm a...	4 beds \| 2 baths \| 2,256 sq.ft.	$440,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.35% Airbnb Rental Income: $null Traditional Rental Income: $2456 Airbnb ROI: N/A Traditional ROI: 4.35%
694 Lake 16 Drive Allegan, MI Escape to this beautifully updated cottage on Lake Sixteen in Allegan, where you'll enjoy ...	3 beds \| 3 baths \| 1,876 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.87% Airbnb Rental Income: $null Traditional Rental Income: $2832 Airbnb ROI: N/A Traditional ROI: 5.87%
1830 Cherry Lane Allegan, MI Very nice 4 bedroom Ranch in Allegan. 2 bedrooms on Main and 2 Bedrooms in the lower level...	4 beds \| 1 baths \| 1,505 sq.ft.	$219,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.45% Airbnb Rental Income: $null Traditional Rental Income: $1882 Airbnb ROI: N/A Traditional ROI: 6.45%
2910 118th Avenue Allegan, MI How about a home in the country, pole barn, on 5 acres? Come take a look at this Cape Cod....	4 beds \| 2 baths \| 1,716 sq.ft.	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.64% Airbnb Rental Income: $null Traditional Rental Income: $2388 Airbnb ROI: N/A Traditional ROI: 6.64%
2494 43rd Street Allegan, MI Well Built 4 Bedroom 3.5 Bath Home With Pole Barn. Main Floor Features: Open Floor Plan, L...	4 beds \| 4 baths \| 3,164 sq.ft.	$560,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $3327 Airbnb ROI: N/A Traditional ROI: 4.47%
414 Monroe Street Allegan, MI PRICE REDUCED! Adorable 4 bdrm (2 nonconforming) 2 1/2 bath home is rich in history & cha...	4 beds \| 3 baths \| 1,856 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.36% Airbnb Rental Income: $null Traditional Rental Income: $2532 Airbnb ROI: N/A Traditional ROI: 7.36%
920 Armintrout Ridge Court Allegan, MI Beautiful newly constructed ranch home with a covered porch, entry with bench and hooks an...	3 beds \| 2 baths \| 1,416 sq.ft.	$384,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.91% Airbnb Rental Income: $null Traditional Rental Income: $2090 Airbnb ROI: N/A Traditional ROI: 2.91%
3336 Pine Tree Drive Allegan, MI This spectacular estate in serene neighborhood includes additional wooded lot and offers I...	4 beds \| 4 baths \| 2,982 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.4% Airbnb Rental Income: $null Traditional Rental Income: $3747 Airbnb ROI: N/A Traditional ROI: 10.4%
515 Hubbard Street Allegan, MI Completely remodeled and updated. Three-bedroom, two bath home in downtown Allegan. Upda...	3 beds \| 2 baths \| 1,265 sq.ft.	$259,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.51% Airbnb Rental Income: $null Traditional Rental Income: $2055 Airbnb ROI: N/A Traditional ROI: 6.51%
605 Brookside Drive Allegan, MI As they say, location is everything in real estate. Well, with this property you have a tr...	3 beds \| 1 baths \| 1,823 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.4% Airbnb Rental Income: $null Traditional Rental Income: $2266 Airbnb ROI: N/A Traditional ROI: 6.4%
3608 Allegan Dam Road Allegan, MI Welcome home! You will love the spaces this home offers inside and out. Nature surrounds t...	3 beds \| 2 baths \| 1,512 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.83% Airbnb Rental Income: $null Traditional Rental Income: $2191 Airbnb ROI: N/A Traditional ROI: 5.83%
3869 Monroe Road Allegan, MI Beautiful Cedar Home nestled on 16 wooded acres near Lake Allegan. Large Master Suite Lof...	3 beds \| 3 baths \| 1,968 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 3% Airbnb Rental Income: $null Traditional Rental Income: $2619 Airbnb ROI: N/A Traditional ROI: 3%
3076 118th Avenue Allegan, MI This country haven rests on a level, well kept, 1+ Acre parcel. The expansive back yard is...	3 beds \| 2 baths \| 1,800 sq.ft.	$304,990	Airbnb cash on cash: N/A Traditional cash on cash: 1.53% Airbnb Rental Income: $null Traditional Rental Income: $1056 Airbnb ROI: N/A Traditional ROI: 1.53%
3041 128th Avenue Allegan, MI This lovely ranch home in the country boasts a generous amount of square footage and inclu...	4 beds \| 2 baths \| 1,932 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.24% Airbnb Rental Income: $null Traditional Rental Income: $2690 Airbnb ROI: N/A Traditional ROI: 5.24%
1215 32nd Street Allegan, MI ACREAGE...POLEBARN...GORGEOUS RIVER VIEWS!!! Don't miss out on this charming 3 bed 2 bath ...	3 beds \| 2 baths \| 2,121 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.11% Airbnb Rental Income: $null Traditional Rental Income: $3031 Airbnb ROI: N/A Traditional ROI: 9.11%

Real Estate investment in Allegan, MI

There are 39 properties for sale in the city of Allegan . The median list price in Allegan is $276,500 and the average price per square foot is $141. In November 2024, the average monthly cash on cash return in Allegan is 5.00%. The average monthly rental income in Allegan is $1,898.

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

There are 39 investment properties available for sale in Allegan.

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

The ROI for Long-Term is higher than the Short-Term in Allegan with average rental income of $1,898.

Your search for investment property begins and ends here

Investment Property for Sale in Allegan, MI

3325 Grant Street

Allegan, MI

3 beds | 2 baths | 1,560 sq.ft.

$225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.15%

Airbnb Rental Income: $null

Traditional Rental Income: $2184

Airbnb ROI: N/A

Traditional ROI: 8.15%

325 Monroe Street

Allegan, MI

3 beds | 1 baths | 1,728 sq.ft.

$249,988

Airbnb cash on cash: N/A

Traditional cash on cash: 5.49%

Airbnb Rental Income: $null

Traditional Rental Income: $1802

Airbnb ROI: N/A

Traditional ROI: 5.49%

300 Davis Street

Allegan, MI

4 beds | 3 baths | 3,576 sq.ft.

$380,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.63%

Airbnb Rental Income: $null

Traditional Rental Income: $2941

Airbnb ROI: N/A

Traditional ROI: 4.63%

633 Marshall Street

Allegan, MI

4 beds | 3 baths | 1,895 sq.ft.

$295,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.89%

Airbnb Rental Income: $null

Traditional Rental Income: $2538

Airbnb ROI: N/A

Traditional ROI: 6.89%

1762 Allen Road

Allegan, MI

3 beds | 2 baths | 1,080 sq.ft.

$195,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.09%

Airbnb Rental Income: $null

Traditional Rental Income: $1842

Airbnb ROI: N/A

Traditional ROI: 8.09%

725 River Street

Allegan, MI

4 beds | 1 baths | 1,760 sq.ft.

$270,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.89%

Airbnb Rental Income: $null

Traditional Rental Income: $2157

Airbnb ROI: N/A

Traditional ROI: 5.89%

990 River Street

Allegan, MI

4 beds | 2 baths | 1,981 sq.ft.

$400,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.49%

Airbnb Rental Income: $null

Traditional Rental Income: $2498

Airbnb ROI: N/A

Traditional ROI: 4.49%

2765 113th Avenue

Allegan, MI

3 beds | 2 baths | 1,477 sq.ft.

$200,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.31%

Airbnb Rental Income: $null

Traditional Rental Income: $2032

Airbnb ROI: N/A